OPEN-SOURCE SCRIPT
Trend M ver1

this simple tool a helper for trader in order to put your target at the correct places:)
so script based on Trend M (open script in my page)
the script based on non security MTF that allow us to detect the M = mean average of resistance and support by MTF
best setting is either monthly or weekly
when you go on lower chart just put in the min the exact TF that you on. 60 min =60
2 hour 120
5 min =5
etc
when ever the trend is above the mean or M then it bullish =lime color. bellow the M is bearish =red color
the R1 and S level are % from the mean . so it can act for us either target or as stop loss
you can set the R1 or S1 as you like by % ratio . so 0.01 is 1%
0.1 is 10 % etc
all you need to find is the weekly or monthly range of the asset then put the % ratio that you wish up or down
you can use it with trend lines or other method .it just another tool to make you trade smarter
so script based on Trend M (open script in my page)
the script based on non security MTF that allow us to detect the M = mean average of resistance and support by MTF
best setting is either monthly or weekly
when you go on lower chart just put in the min the exact TF that you on. 60 min =60
2 hour 120
5 min =5
etc
when ever the trend is above the mean or M then it bullish =lime color. bellow the M is bearish =red color
the R1 and S level are % from the mean . so it can act for us either target or as stop loss
you can set the R1 or S1 as you like by % ratio . so 0.01 is 1%
0.1 is 10 % etc
all you need to find is the weekly or monthly range of the asset then put the % ratio that you wish up or down
you can use it with trend lines or other method .it just another tool to make you trade smarter
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。
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。