OPEN-SOURCE SCRIPT
已更新 Secretariat

This is a script used in a strategy called the secretariat taught in the courses offered by Michael Toma ( I won't mention the business names here to comply with house rules for open publication).
Its intended as a tool to keep you out of chop and get you in pretty early in a trend.
The indicator uses a fast and a slow moving average as filter. When it sees the highest high or lowest low in the last 50 (configurable) bars, it notes a potential trade, then when there is a pull back into the moving averages, an entry can be considered. Michael is happy for me to share this indicator, and its up to you to discover a way to use it as a strategy.
Blue dots are highest high in the lookback period, red the lowest low in that period. The green triangles suggest a possible sell entry and the red a possible buy.
None of the signals provided are watertight magic promises of a successful trade, just an opportunity for you to consider an entry in accordance with your own rules, filters and risk etc.
Enjoy!
Its intended as a tool to keep you out of chop and get you in pretty early in a trend.
The indicator uses a fast and a slow moving average as filter. When it sees the highest high or lowest low in the last 50 (configurable) bars, it notes a potential trade, then when there is a pull back into the moving averages, an entry can be considered. Michael is happy for me to share this indicator, and its up to you to discover a way to use it as a strategy.
Blue dots are highest high in the lookback period, red the lowest low in that period. The green triangles suggest a possible sell entry and the red a possible buy.
None of the signals provided are watertight magic promises of a successful trade, just an opportunity for you to consider an entry in accordance with your own rules, filters and risk etc.
Enjoy!
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本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。