OPEN-SOURCE SCRIPT
已更新 Mobius - Trend Pivot
// Mobius
// V01.01.29.2019
// Uses trend of higher highs with higher lows and trend of lower lows with lower highs to locate pivots. Distance for trend is set by the user. Confirmation of a reversal from pivots is set with a multiple of the pivot bars range. That multiple is also a user input.
// Trading Rules
// 1) Trade when price crosses and closes outside the pivot Confirmation line. At that point looking for best entry. Min trade is 2 contracts
// 2) Know your risk point before entering trade. Typical risk point is the pivot line itself. If your risk is crossed look for an exit. Never use hard stops - you'll often get out for little or no loss
// 3) Know your Risk off point before entering. Typical Risk Off is an ATR multiple. Offer Risk Off as soon as possible for a Risk Free trade
// 4) set mental stop one tick above entry when Risk Off is achieved
// 5) if trade continues your way move mental stop for your runner to last support / resistance each time a new support / resistance is hit.
The script is an indicator called "Mobius - Trend Pivot" and is designed to be overlaid on price charts. It utilizes a concept called "Mobius - Trend Pivot" to identify potential reversal points in the market based on the trend of higher highs with higher lows and lower lows with lower highs. The user can adjust the parameters through input variables. The script expects two inputs: "n" and "R_Mult." The "n" input determines the distance for trend calculation, and the "R_Mult" input is used for confirming a reversal from the pivots. The script calculates the True Range, which is the maximum of the current bar's high minus the previous bar's close or the previous bar's close minus the current bar's low. It then identifies the highest high (hh) and lowest low (ll) based on the trend criteria using the input variable "n." The script plots lines representing the pivot points, their confirmation levels, and risk-off levels. It also generates alerts when the price crosses above or below the confirmation or risk-off levels. Additionally, it plots shapes (arrows) on the chart to indicate bullish or bearish conditions based on the crossover or crossunder of the price with the pivot levels.
// V01.01.29.2019
// Uses trend of higher highs with higher lows and trend of lower lows with lower highs to locate pivots. Distance for trend is set by the user. Confirmation of a reversal from pivots is set with a multiple of the pivot bars range. That multiple is also a user input.
// Trading Rules
// 1) Trade when price crosses and closes outside the pivot Confirmation line. At that point looking for best entry. Min trade is 2 contracts
// 2) Know your risk point before entering trade. Typical risk point is the pivot line itself. If your risk is crossed look for an exit. Never use hard stops - you'll often get out for little or no loss
// 3) Know your Risk off point before entering. Typical Risk Off is an ATR multiple. Offer Risk Off as soon as possible for a Risk Free trade
// 4) set mental stop one tick above entry when Risk Off is achieved
// 5) if trade continues your way move mental stop for your runner to last support / resistance each time a new support / resistance is hit.
The script is an indicator called "Mobius - Trend Pivot" and is designed to be overlaid on price charts. It utilizes a concept called "Mobius - Trend Pivot" to identify potential reversal points in the market based on the trend of higher highs with higher lows and lower lows with lower highs. The user can adjust the parameters through input variables. The script expects two inputs: "n" and "R_Mult." The "n" input determines the distance for trend calculation, and the "R_Mult" input is used for confirming a reversal from the pivots. The script calculates the True Range, which is the maximum of the current bar's high minus the previous bar's close or the previous bar's close minus the current bar's low. It then identifies the highest high (hh) and lowest low (ll) based on the trend criteria using the input variable "n." The script plots lines representing the pivot points, their confirmation levels, and risk-off levels. It also generates alerts when the price crosses above or below the confirmation or risk-off levels. Additionally, it plots shapes (arrows) on the chart to indicate bullish or bearish conditions based on the crossover or crossunder of the price with the pivot levels.
版本注释
Fixed STO RO版本注释
Fixed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。
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。