OPEN-SOURCE SCRIPT
Whale Tracker Pro Tomgoodcar v1
Cycle, Strategy (Action), Highlighted Status (according to code), How to use in trading:
1. Accumulation: Start accumulating, when a BUY signal occurs (s1 is true), enter a buy position according to the signal. This is the point where large players start quietly accumulating.
4. Mark Up, Uptrend: Run profit, when the price is above the MA50 (s4 is true) but there are no new buy/sell signals, hold and continue to run profit. The market has confirmed the uptrend.
6. Distribution, Selling off: Partial selling, when a SELL signal occurs (s6 is true), sell to take profit. This is the point where large players are releasing their holdings into the market.
"5, 7, 9, 10...", others, not highlighted according to this code," are used as a context to understand which stage the market is in during the cycle (e.g., about to end an uptrend, or entering a downtrend)."
List, Calculation, Interpretation, and Usage
Buy Price: low_20 (lowest point in the last 20 bars), used as a key support level or the best entry point (Buy Zone) if the price retraces.
Sell Target: high_20 (highest point in the last 20 bars), used as a key resistance level or profit-taking target (Take Profit Zone).
1. Accumulation: Start accumulating, when a BUY signal occurs (s1 is true), enter a buy position according to the signal. This is the point where large players start quietly accumulating.
4. Mark Up, Uptrend: Run profit, when the price is above the MA50 (s4 is true) but there are no new buy/sell signals, hold and continue to run profit. The market has confirmed the uptrend.
6. Distribution, Selling off: Partial selling, when a SELL signal occurs (s6 is true), sell to take profit. This is the point where large players are releasing their holdings into the market.
"5, 7, 9, 10...", others, not highlighted according to this code," are used as a context to understand which stage the market is in during the cycle (e.g., about to end an uptrend, or entering a downtrend)."
List, Calculation, Interpretation, and Usage
Buy Price: low_20 (lowest point in the last 20 bars), used as a key support level or the best entry point (Buy Zone) if the price retraces.
Sell Target: high_20 (highest point in the last 20 bars), used as a key resistance level or profit-taking target (Take Profit Zone).
开源脚本
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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。