OPEN-SOURCE SCRIPT
PowerXYZ Strategy (PowerX Modified)

This script modifies the PowerX strategy in the following ways:
- there are two types of 'black' bars, yellow and black; the bars that are colored black indicate the flip of the RSI from positive to negative, and vise versa, while the signal is also near to green or red color; the close of these bars are a strong indication of support or resistance, and the previous closes behind these bars create S&D zones.
- compares the typical price to the 4-period smoothed moving average to generate yellow bars sooner at the end of trends.
- uses a signal line of > 49 and <= 49 instead of 50.
Yellow indicates that you should probably move your stop closer to the current price.
Black indicates that you should probably exit and look for a new entry, as it is a strong area of support or resistance.
- there are two types of 'black' bars, yellow and black; the bars that are colored black indicate the flip of the RSI from positive to negative, and vise versa, while the signal is also near to green or red color; the close of these bars are a strong indication of support or resistance, and the previous closes behind these bars create S&D zones.
- compares the typical price to the 4-period smoothed moving average to generate yellow bars sooner at the end of trends.
- uses a signal line of > 49 and <= 49 instead of 50.
Yellow indicates that you should probably move your stop closer to the current price.
Black indicates that you should probably exit and look for a new entry, as it is a strong area of support or resistance.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。