OPEN-SOURCE SCRIPT
Atualizado Hi-Lo Trend
This script uses the most recent low/high and candle size to determine trend breakouts.
The trend is determined buy whether the most recent price extreme within the Lookback period is a high or low. If it is a most recent high, it is an uptrend, if it is a lwo, a downtrend.
Bands are created using the average absolute difference of current minus previous close over the MABandPeriod, multiplied by the MABandMultiplier.
If the current close minus previous close is above/below the band, then a blue dot is painted and it is a breakout.
a buy alert fires when a downtrend becomes an uptrend and a breakout above the bands happens.
A sell alert fires when an uptrend becomes a downtrend and a breakout below the bands happns.
The trend is determined buy whether the most recent price extreme within the Lookback period is a high or low. If it is a most recent high, it is an uptrend, if it is a lwo, a downtrend.
Bands are created using the average absolute difference of current minus previous close over the MABandPeriod, multiplied by the MABandMultiplier.
If the current close minus previous close is above/below the band, then a blue dot is painted and it is a breakout.
a buy alert fires when a downtrend becomes an uptrend and a breakout above the bands happens.
A sell alert fires when an uptrend becomes a downtrend and a breakout below the bands happns.
Notas de Lançamento
added some comments : )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.
Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate:
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Bitcoin: 179ETrGo3FCVcnBV8i1uc4J8YHFRknYytz
Eth: 0x73d59A8214FD70053aF37E9700692e25de441245
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.
Software Engineer and FX, Options, Crypto Trader. Previously worked at large options market maker. If you like my scripts and would like to donate:
Bitcoin: 179ETrGo3FCVcnBV8i1uc4J8YHFRknYytz
Eth: 0x73d59A8214FD70053aF37E9700692e25de441245
Bitcoin: 179ETrGo3FCVcnBV8i1uc4J8YHFRknYytz
Eth: 0x73d59A8214FD70053aF37E9700692e25de441245
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.