OPEN-SOURCE SCRIPT
SMA Angular Trends [Yosiet]
This indicator uses two specific SMA configurations conditioned by an angular slope that is always repeated in trend markets, which are usually beneficial in swing or long-term strategies.
SETTINGS
- Fast Angle Threshold: Is the value in degrees for the condition of the fast sma
- Slow Angle Threshold: Is the value in degrees for the condition of the slow sma
- Linear Mode: When is active, it shows the sma curves only when the condition is satisfied. When is inactive, it shows color of the trends
HOW TO USE
This indicator it helps to see clearly the trends and the oppotunities to entry/exit in breakouts and retests
WHY THOSE SMAs
The SMAs are sma(7, low) and sma(30, high), those setups came from analyze several others indicators with machine learning searching for convergence points in 2018.
THOUGHTS
This indicator only pretends to help traders to take decissions with extra data confirmation
IMPROVEMENTS
You can comment your ideas and sugestions to improve this indicator
SETTINGS
- Fast Angle Threshold: Is the value in degrees for the condition of the fast sma
- Slow Angle Threshold: Is the value in degrees for the condition of the slow sma
- Linear Mode: When is active, it shows the sma curves only when the condition is satisfied. When is inactive, it shows color of the trends
HOW TO USE
This indicator it helps to see clearly the trends and the oppotunities to entry/exit in breakouts and retests
WHY THOSE SMAs
The SMAs are sma(7, low) and sma(30, high), those setups came from analyze several others indicators with machine learning searching for convergence points in 2018.
THOUGHTS
This indicator only pretends to help traders to take decissions with extra data confirmation
IMPROVEMENTS
You can comment your ideas and sugestions to improve this indicator
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.
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.