INVITE-ONLY SCRIPT
已更新 Cuban's LTF Trend Oscillator
Most financial markets tend to trade within a reasonable range between 60-75% of the time (don't ask for a reference because I couldn't find it), so swing trading with a trend isn't always viable -- so how do we take money out of the market?
If you're familiar with scalping low time frames for 20 or 30 ticks, you'll know how difficult it is to time your entry and exit during low volatility environments.
The following oscillator has been solely built to assist the manual discretionary trader in their LTF scalps.
The oscillator uses a combination of different price to VWAP relationship, divergence, and momentum logic to define preferable entries.
This script attempts to identify three different entries characteristics on low timeframes:
1. Counter-trend reversals
2. On-trend pullbacks
3. and, short term directional pivots
The oscillator has red, green, and white triangles above the centre fill. These triangles relate to the low time frame RSI divergence and pivots.
In combination with these divergences and pivots, I've added a measure of conviction, identified by the light red, dark red, light green, and dark green rectangles on the outer-most edges of the oscillator.
The dark red and dark green flavours are the highest conviction trades. When you marry these sentiment identifiers with divergences, you have a very high conviction trade.
The fill in the middle of the oscillator is the current trend sentiment. Dark red and dark green is favourable to the respective trend, with the light red and light green being areas where I recommend taking profit or considering an exit.
The green and red coloured moving average in the centre is the slower trend. I have included this to give some context to preferable position adds and closes. Trading with the trend is always advisable. When you have an obvious trend, this oscillator can give you excellent entries to play that continuation.
Warm regards,
Cubantobacco
If you're familiar with scalping low time frames for 20 or 30 ticks, you'll know how difficult it is to time your entry and exit during low volatility environments.
The following oscillator has been solely built to assist the manual discretionary trader in their LTF scalps.
The oscillator uses a combination of different price to VWAP relationship, divergence, and momentum logic to define preferable entries.
This script attempts to identify three different entries characteristics on low timeframes:
1. Counter-trend reversals
2. On-trend pullbacks
3. and, short term directional pivots
The oscillator has red, green, and white triangles above the centre fill. These triangles relate to the low time frame RSI divergence and pivots.
In combination with these divergences and pivots, I've added a measure of conviction, identified by the light red, dark red, light green, and dark green rectangles on the outer-most edges of the oscillator.
The dark red and dark green flavours are the highest conviction trades. When you marry these sentiment identifiers with divergences, you have a very high conviction trade.
The fill in the middle of the oscillator is the current trend sentiment. Dark red and dark green is favourable to the respective trend, with the light red and light green being areas where I recommend taking profit or considering an exit.
The green and red coloured moving average in the centre is the slower trend. I have included this to give some context to preferable position adds and closes. Trading with the trend is always advisable. When you have an obvious trend, this oscillator can give you excellent entries to play that continuation.
Warm regards,
Cubantobacco
版本注释
- Cleaned the code up and added titles for all plots
- Added a major aesthetic update to prevent visual artefacts on higher timeframe charts
- Added a Renko Chart Mode that comes with a cleaner and more responsive background fill for renko charting
- Added the ability to distinguish between high conviction and low conviction pivots and divergences
版本注释
- Quick fix
版本注释
- Quick fix v2
版本注释
- Visual tweak
版本注释
- Overhaul of divergences code, now with less noise and more accuracy
- Completed an additional study to be used in tandem with this one; Cuban's VWAP Divergences
- Added some colour coding to the fast MA for your viewing pleasure
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系cubantobacco。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
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。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系cubantobacco。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
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。