OPEN-SOURCE SCRIPT
已更新 Money Line Approximation

Similar to Ivan's money line minus the Macro data.
How to Interpret and Use It
Bullish Setup: Green line + buy signal = Potential entry (e.g., buy on pullback to the line). Expect upward momentum if RSI stays below 75.
Bearish Setup: Red line + sell signal = Potential exit or short (e.g., sell near the line). Watch for RSI above 25 confirming downside.
Neutral Periods: Yellow line indicates indecision—best to wait for a flip rather than force trades.
Strengths: Simple, visual, and filtered against extremes; works well in trending markets by blending EMAs and using RSI to avoid overbought buys or oversold sells.
How to Interpret and Use It
Bullish Setup: Green line + buy signal = Potential entry (e.g., buy on pullback to the line). Expect upward momentum if RSI stays below 75.
Bearish Setup: Red line + sell signal = Potential exit or short (e.g., sell near the line). Watch for RSI above 25 confirming downside.
Neutral Periods: Yellow line indicates indecision—best to wait for a flip rather than force trades.
Strengths: Simple, visual, and filtered against extremes; works well in trending markets by blending EMAs and using RSI to avoid overbought buys or oversold sells.
版本注释
updated with colored clouds to represent bullish (green) and bearish (fuchsia)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。
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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。