PROTECTED SOURCE SCRIPT
Jaguchi_ZigZag
This indicator draws a continuous line like Zig-Zag in accordance with a strict rule.
A pair of candle sticks that are next to each other shows four patterns.
1: A bullish candle stick and a bearish one
2: A bearish candle stick and a bullish one
3: A pair of bullish candle sticks (including a doji )
4: A pair of bearish candle sticks (including a doji )
1: A bullish candle stick and a bearish one show that an upward trend changed to a downward one .
2: A bearish candle stick and a bullish one show that a downward trend changed to an upward one .
3: A pair of bullish candle sticks show that an upward trend is continued.
4: A pair of bearish candle sticks show that a downward trend is continued.
Jaguchi means faucet or tap in Japanese.
In the kitchen or washroom, you know that a flow of water is controlled not with the drain port but the faucet.
Also, trends should be determined not with closing prices but opening prices.
A pair of candle sticks that are next to each other shows four patterns.
1: A bullish candle stick and a bearish one
2: A bearish candle stick and a bullish one
3: A pair of bullish candle sticks (including a doji )
4: A pair of bearish candle sticks (including a doji )
1: A bullish candle stick and a bearish one show that an upward trend changed to a downward one .
2: A bearish candle stick and a bullish one show that a downward trend changed to an upward one .
3: A pair of bullish candle sticks show that an upward trend is continued.
4: A pair of bearish candle sticks show that a downward trend is continued.
Jaguchi means faucet or tap in Japanese.
In the kitchen or washroom, you know that a flow of water is controlled not with the drain port but the faucet.
Also, trends should be determined not with closing prices but opening prices.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.