INVITE-ONLY SCRIPT
TCT Candle Pro
TCT Candle Pro
Detail Explanation:
1. Red Candle
- Indicate that the market share is in a bearish trend and sell signal is triggered. It is when the price breaks certain support(referring to channel indicator) then the candle will turn to red.
2. Green Candle
- Indicate that the market share is in a bullish trend and buy signal is triggered but still needs another confirmation indicator. It is when the price breaks certain resistance(referring to the channel indicator) then the candle will turn to green.
3. Purple Line
- It is a moving average that indicates the lifeline of the market shares. Traders also can use the line as support.
4. Black Line
- It is a moving average that indicates the long term trend for the market shares.
5. Red Fill
- The fill will turn red when two moving average crossunder each other. It is customized to fill and the colors also can be changed to make the indicator more interesting to users.
6. Green Fill
- The fill will turn green when two moving average crossovers each other. It is customized to fill and the colors also can be changed to make the indicator more interesting to users.
How to use the indicators?
There are two lines that need to be focused on this indicator which is the Purple Line and Black Line.
When the Purple Line crossover Black Line, the momentum of the market share will start and usually the price will move upwards.
Users can try to use this indicator and wait for volume in when the Purple Line is nearing the Black Line or both lines crossover each other.
However, this indicator still needs other indicators for confirmation before clicking buy.
This indicators best to be used in timeframe 5minutes(tf5m), timeframe 30minutes(tf30m), and timeframe 1hour(tf60m).
Contact me if you want to try this indicator.
Detail Explanation:
1. Red Candle
- Indicate that the market share is in a bearish trend and sell signal is triggered. It is when the price breaks certain support(referring to channel indicator) then the candle will turn to red.
2. Green Candle
- Indicate that the market share is in a bullish trend and buy signal is triggered but still needs another confirmation indicator. It is when the price breaks certain resistance(referring to the channel indicator) then the candle will turn to green.
3. Purple Line
- It is a moving average that indicates the lifeline of the market shares. Traders also can use the line as support.
4. Black Line
- It is a moving average that indicates the long term trend for the market shares.
5. Red Fill
- The fill will turn red when two moving average crossunder each other. It is customized to fill and the colors also can be changed to make the indicator more interesting to users.
6. Green Fill
- The fill will turn green when two moving average crossovers each other. It is customized to fill and the colors also can be changed to make the indicator more interesting to users.
How to use the indicators?
There are two lines that need to be focused on this indicator which is the Purple Line and Black Line.
When the Purple Line crossover Black Line, the momentum of the market share will start and usually the price will move upwards.
Users can try to use this indicator and wait for volume in when the Purple Line is nearing the Black Line or both lines crossover each other.
However, this indicator still needs other indicators for confirmation before clicking buy.
This indicators best to be used in timeframe 5minutes(tf5m), timeframe 30minutes(tf30m), and timeframe 1hour(tf60m).
Contact me if you want to try this indicator.
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系Trader_Cenonet。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
Contact me if you want to try other indicators like TAD Systems, MCDX, and many more. (t.me/afehakmal)
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。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系Trader_Cenonet。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
Contact me if you want to try other indicators like TAD Systems, MCDX, and many more. (t.me/afehakmal)
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。