OPEN-SOURCE SCRIPT
Fetch EngulfingBuys

This script makes use of bullish engulfing candles, trend analysis, and time.
The trend is devided between an up- and downtrend. This is based on a simple cross over strategy, using the 9 and 50 moving averages.
The buys are calculated based on how many times a bullish engulfing candle was displayed on the chart during a downtrend. Bullish engulfing candles in an uptrend will never result in a buy signal.
The sells are simply based on time. This means that the script counts how many days you have been in a trade. The default is 100 candles. You can tweak this in the settings of the indicator.
Finally, this script does not provide you with any stop-losses. I am planning on releasing a v2 once I figured out what a good balance is. Also, you might notice that there are more buys than sells. This is because only the first trade in the series is tracked. V2 could improve on this flaw of the indicator.
Hope you enjoy this first iteration of the indicator.
The trend is devided between an up- and downtrend. This is based on a simple cross over strategy, using the 9 and 50 moving averages.
The buys are calculated based on how many times a bullish engulfing candle was displayed on the chart during a downtrend. Bullish engulfing candles in an uptrend will never result in a buy signal.
The sells are simply based on time. This means that the script counts how many days you have been in a trade. The default is 100 candles. You can tweak this in the settings of the indicator.
Finally, this script does not provide you with any stop-losses. I am planning on releasing a v2 once I figured out what a good balance is. Also, you might notice that there are more buys than sells. This is because only the first trade in the series is tracked. V2 could improve on this flaw of the indicator.
Hope you enjoy this first iteration of the indicator.
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。
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。