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.
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.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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 de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.