This System was created from the Book "How I Tripled My Money In The
Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Fast Oscillator is higher than 50.
A technical indicator developed by Tushar Chande to numerically identify
trends in charting. It is calculated by taking an 'n' period
moving average of the difference between the open and closing prices. A
value greater than zero means that the majority of the last 'n' days
have been up, indicating that buying pressure has been increasing.
Transaction signals come from when the indicator crosses through the
zero line. Crossing above zero is used as the entry signal because it is indicating
that buying pressure is increasing, while sell signals come from the indicator
crossing down through zero. In addition, an 'n' period moving average of the
values can be drawn to act as a signal line. Transaction signals are then generated
when the value crosses through the trigger line.
- For purpose educate only
- This script to change bars colors.
USDT (TRC20): TH29EEXa19vfwZNYvxdUuMxoFY5QDYLcWG