OPEN-SOURCE SCRIPT
3-10 MA Oscillator (Wyckoff) by malagadev
- If ControlSMA(16) [red line] exceeds 0 means market is bullish, below 0 means market is bearish.
- Difference between SMA(3,10) is represented with blue area.
- You can operate using changes in color or trend, or simply knowing that once 0 is crossed upwards, it means the pullback is proportional so we just need a simple pattern in the price or, entering after it just crosses.
- It's better to open positions in the first pullback after the ControlSMA(16) firstly crosses 0 ("First Cross").
- It's possible to operate using momentum divergences.
- Difference between SMA(3,10) is represented with blue area.
- You can operate using changes in color or trend, or simply knowing that once 0 is crossed upwards, it means the pullback is proportional so we just need a simple pattern in the price or, entering after it just crosses.
- It's better to open positions in the first pullback after the ControlSMA(16) firstly crosses 0 ("First Cross").
- It's possible to operate using momentum divergences.
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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.
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.