PROTECTED SOURCE SCRIPT
Array-Trend-Bands
Here I propose a simple trend following system, where one can ride out moves in a trending direction and use it to reenter the trades in the direction of the trend. This band is also capable of tracking down the strength of the price action, there will be a real indication of compression in price movement and expansion.
These zones usually blow traders' accounts when they trade MA's, they end up taking too many trades in the compression zones, it an inherent fault with the MA systems, no matter which MA you use. This, however, is a very clear indicator to avoid these compression zones to take the trade and enter only when price gives clear breakout.
This indicator does not require user input and it works on all TF and all instruments, as long as there is a price, this will work.
Past performance is no assurance of future success. This is an idea for education purposes only.
Please note that this is coded using TV's newly introduced array functions, so it's extremely snappy.
Regards!
These zones usually blow traders' accounts when they trade MA's, they end up taking too many trades in the compression zones, it an inherent fault with the MA systems, no matter which MA you use. This, however, is a very clear indicator to avoid these compression zones to take the trade and enter only when price gives clear breakout.
This indicator does not require user input and it works on all TF and all instruments, as long as there is a price, this will work.
Past performance is no assurance of future success. This is an idea for education purposes only.
Please note that this is coded using TV's newly introduced array functions, so it's extremely snappy.
Regards!
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
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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。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
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。