OPEN-SOURCE SCRIPT
Tenkan Higher Time Frame by TheSocialCryptoClub
Name: Tenkan HTF
Category: Indicator.
Timeframe: Any Timeframe
Description: Tenkan Higher Timeframe allows to visualise the Tenkan for the Current timeframe and one at a higher timeframe.
Suggested usage: Use on Daily to evaluate the Weekly Tenkan.
Technical Details: When the Tenkan changes direction, it is evaluated if the change is due to the creation of new highs or new lows - so what happened in the last candle, a symptom of strength or weakness - or if the change is due to the fact that the "outgoing" candle had lows or highs that were no longer present in the Tenkan period.
This indicator can also be used - by setting the appropriate period length - for the Kijun.
Credits:
- Technique has been explained by Corrado Rondelli.
Category: Indicator.
Timeframe: Any Timeframe
Description: Tenkan Higher Timeframe allows to visualise the Tenkan for the Current timeframe and one at a higher timeframe.
Suggested usage: Use on Daily to evaluate the Weekly Tenkan.
Technical Details: When the Tenkan changes direction, it is evaluated if the change is due to the creation of new highs or new lows - so what happened in the last candle, a symptom of strength or weakness - or if the change is due to the fact that the "outgoing" candle had lows or highs that were no longer present in the Tenkan period.
This indicator can also be used - by setting the appropriate period length - for the Kijun.
Credits:
- Technique has been explained by Corrado Rondelli.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.