OPEN-SOURCE SCRIPT
Mega Pendulum Indicator
The MPI (Mega Pendulum Indicator) is a fusion between the Pendulum Indicator and the Swing Indicator and is used with specific trading rules.
The MPI is a semi-bounded oscillator comprised of two lines. The first bounded line is the Pendulum Indicator which oscillates between 0 and 100 but generally oscillates between 20 and 80. The second semi-bounded line is the Swing Indicator which generally oscillates between -10 and 10.
The conditions for trading the Mega Pendulum Indicator are as follows:
* Buy: Whenever the Pendulum indicator crosses over its signal line (a 5-period moving average) and at the same time, the Swing Indicator must cross over -10 after having been below it.
* Sell: Whenever the Pendulum indicator crosses below its signal line (a 5-period moving average) and at the same time, the Swing Indicator must cross under -10 after having been above it.
The MPI is a semi-bounded oscillator comprised of two lines. The first bounded line is the Pendulum Indicator which oscillates between 0 and 100 but generally oscillates between 20 and 80. The second semi-bounded line is the Swing Indicator which generally oscillates between -10 and 10.
The conditions for trading the Mega Pendulum Indicator are as follows:
* Buy: Whenever the Pendulum indicator crosses over its signal line (a 5-period moving average) and at the same time, the Swing Indicator must cross over -10 after having been below it.
* Sell: Whenever the Pendulum indicator crosses below its signal line (a 5-period moving average) and at the same time, the Swing Indicator must cross under -10 after having been above it.
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。