OPEN-SOURCE SCRIPT

Wall Street Cheat Sheet - Live and Death Run

Hi,
This script was inspired by Wall Street Cheat Sheet and a video published by "Gold 2020 Forecast" https://www.youtube.com/watch?v=VGhan-jhnpk&t=400s.

I was trying to check if what the video claims as a unique pattern is true.

It looks like - either my script is rubbish (which might be as it's one of my first scripts in this programming environment) or this pattern it's not identified correctly.

In general this script should idnetify the euphoria phase on the market (1 or 2 down candels followed by 6 to 8 up) or the end of the depression (1 or 2 up followed by 6 to 8 down).

In my opinion those conditions do not determine and identify market phases correctly.
depressioneuphoriaTrend Analysiswallstreetcheatsheet

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

Quer usar esse script no gráfico?

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