OPEN-SOURCE SCRIPT
已更新 Collective Indicator
Key notes are that this indicators markets the High and Low of the previous day, week month and quarter. It also marks the open of the day, week, month and quarter. These are levels that can be important areas to take trades towards and away from.
It includes additional features some may wish to use that I've included for your convenience that I don't personally use anymore. This is the 50 and 200 EMAs and high volume candle coloring. EMAs can be helpful for identifying the average markup and markdown of a a trend on any given timeframe. Be careful with mean reversion strategies alone since they tend not to have great entries and could result in high losses if used in isolation.
The "Length" and "High Volume" settings control how the coloration of candles is applied. Length is the amount of bars it will use to calculate a volume average. "High Volume" is the multiplier used to distinguish how much additional volume you want to be considered "high" volume. 1x meaning average 2x meaning double volume and etc.
High volume identification can help show distributive or accumulative characteristics around key areas.
I personally focus on the Open, Low, High close data, apply SMC concepts and Wyckoff concepts to look for trades around these key areas.
It includes additional features some may wish to use that I've included for your convenience that I don't personally use anymore. This is the 50 and 200 EMAs and high volume candle coloring. EMAs can be helpful for identifying the average markup and markdown of a a trend on any given timeframe. Be careful with mean reversion strategies alone since they tend not to have great entries and could result in high losses if used in isolation.
The "Length" and "High Volume" settings control how the coloration of candles is applied. Length is the amount of bars it will use to calculate a volume average. "High Volume" is the multiplier used to distinguish how much additional volume you want to be considered "high" volume. 1x meaning average 2x meaning double volume and etc.
High volume identification can help show distributive or accumulative characteristics around key areas.
I personally focus on the Open, Low, High close data, apply SMC concepts and Wyckoff concepts to look for trades around these key areas.
版本注释
added 5/13 ema options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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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。