PROTECTED SOURCE SCRIPT
Atualizado

Candlestick Indicator by Crypto_Adhyeta

A script to identify possible trend reversal based on Candlesticks. The correct candlestick type is identified by the relative position to Exponential Moving Average.

It detects:
- Hammer - if emerges during a downtrend (close below EMA(5)), the downtrend should end.
- Hanging Man - if comes after a advance (close above EMA(5)), the uptrend should end.

Confirmation:
- for aHammer not required
- a Hanging Man should be confirmed by lower close by the next candle
Notas de Lançamento
Exponential moving average set to 4.
Notas de Lançamento
revised script code
Notas de Lançamento
"Doji" candlestick identification has been added. Tolerance of 0.01% between Open & Close is being used.
Notas de Lançamento
revised code
Notas de Lançamento
EMA changed back to 5.

Aviso legal