OPEN-SOURCE SCRIPT
Holy Trinity Rough Draft
I studied a few conditions that appeared to work well for entering longs, and I coded them to flash different signals each colored Black, White, Yellow, and Blue.
Black is a Long Alert.
- One Black candle foreshadows, hypothetically, a long position incoming. Creating a position on the first black candle, showed to be stupid - but with each black candle the indicator shows that risk (upon taking a position at a black candle) decreases.
Yellow is a Long Signal.
- This is where the indicator decides is the best place to go long. Confidence appears to directly correlate with amount of black candles seen before a yellow candle, and after a white candle.
Blue is a Close Alert.
- Opposite of a Long Alert, this candle hints that it might be time to pull out of your Long position. This is still a rough draft, so the best way to interpret these is "don't be fuckin' greedy" - you're doing a 15x long and you have a 75% ROE but you don't think you should close because you haven't seen a white candle? Get a load of this guy. Close your positions wisely, this is an indicator, not a paid group.
White is a Close signal.
- Very simple, close on the white candle. They don't have a tendency to repeat themselves, so that's the best advice for this one.
Black is a Long Alert.
- One Black candle foreshadows, hypothetically, a long position incoming. Creating a position on the first black candle, showed to be stupid - but with each black candle the indicator shows that risk (upon taking a position at a black candle) decreases.
Yellow is a Long Signal.
- This is where the indicator decides is the best place to go long. Confidence appears to directly correlate with amount of black candles seen before a yellow candle, and after a white candle.
Blue is a Close Alert.
- Opposite of a Long Alert, this candle hints that it might be time to pull out of your Long position. This is still a rough draft, so the best way to interpret these is "don't be fuckin' greedy" - you're doing a 15x long and you have a 75% ROE but you don't think you should close because you haven't seen a white candle? Get a load of this guy. Close your positions wisely, this is an indicator, not a paid group.
White is a Close signal.
- Very simple, close on the white candle. They don't have a tendency to repeat themselves, so that's the best advice for this one.
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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
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.