OPEN-SOURCE SCRIPT
Trend Xplorer By EasyAlgo.in
This script is an indicator called "Trend Xplorer" , designed for use on TradingView. The script uses a combination of moving averages and pivots to identify trends and plot the trend direction on the chart.
The indicator includes several input parameters, including the length of the moving averages used to calculate the trend direction and the pivot length used to identify highs and lows. The user can also select a "Scalping mode" which is an aggressive trend mode.
The script plots two moving averages on the chart to represent the trend direction - a shorter moving average calculated from the pivot lows and a longer moving average calculated from the pivot highs. The script also uses a color-coded fill to indicate the trend direction, with green indicating an uptrend, red indicating a downtrend, and yellow indicating a sideways trend.
The Trend Xplorer indicator can be used to help traders identify trends in the market and enter trades in the direction of the trend. Traders can use the moving averages and pivots to help identify potential support and resistance levels, as well as to help identify potential entry and exit points. The script can also be used in combination with other indicators or strategies to help confirm trading signals.
The indicator includes several input parameters, including the length of the moving averages used to calculate the trend direction and the pivot length used to identify highs and lows. The user can also select a "Scalping mode" which is an aggressive trend mode.
The script plots two moving averages on the chart to represent the trend direction - a shorter moving average calculated from the pivot lows and a longer moving average calculated from the pivot highs. The script also uses a color-coded fill to indicate the trend direction, with green indicating an uptrend, red indicating a downtrend, and yellow indicating a sideways trend.
The Trend Xplorer indicator can be used to help traders identify trends in the market and enter trades in the direction of the trend. Traders can use the moving averages and pivots to help identify potential support and resistance levels, as well as to help identify potential entry and exit points. The script can also be used in combination with other indicators or strategies to help confirm trading signals.
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。