OPEN-SOURCE SCRIPT
Electrified Aggressive Momentum Signal
Atualizado
What this can be used for:
How it works:
This is a weighted combination of a Stochastic RSI and two modified SuperTrend (ATR Trailing Stop) indicators:
Philosophy:
Signals have to be useful to humans. If a signal occurs to late, you've missed it. The intent of this indicator is to assist in timing a trade at very short time-frames. It assumes your conviction about a trade already exists, but you are trying to get an optimal entry.
Opposing momentum (weak signal) within an uptrend can be a sign that you should wait before entering. The frequency of a signal can indicate the strength of the trend. As the frequency of the aligned signal value decreases so does the reward vs risk.
- If you've already decided you want to trade a symbol, this can identify points of momentum alignment.
- If a strong move has recently happened and you're looking for a change in momentum.
How it works:
This is a weighted combination of a Stochastic RSI and two modified SuperTrend (ATR Trailing Stop) indicators:
- The Stochastic RSI signal is based upon aligned momentum and is negated at the overbought and oversold points.
- The SuperTrend formula uses high and low values for calculation and both fast and slow can be adjusted for sensitivity.
Philosophy:
Signals have to be useful to humans. If a signal occurs to late, you've missed it. The intent of this indicator is to assist in timing a trade at very short time-frames. It assumes your conviction about a trade already exists, but you are trying to get an optimal entry.
Opposing momentum (weak signal) within an uptrend can be a sign that you should wait before entering. The frequency of a signal can indicate the strength of the trend. As the frequency of the aligned signal value decreases so does the reward vs risk.
Notas de Lançamento
Updated sample image.Notas de Lançamento
Updated sample image.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?
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.