OPEN-SOURCE SCRIPT
The Zone Trades v1.0
The Zone v.1.0
The Zone is mention in New Trading Dimensions by Bill Williams,PhD. The Zone is used for Entry Signal of Both Long and Short side.
Green Zone are painting Green Bars when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both increasing.
Red Zone are painting Red Bars when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both decreasing.
Gray Zone are painting Gray Bars AO and AC in difference changing. Gray Zone are indicate the indecision between bulls and bears.
Bill Williams, PhD. mention that Green Zone or Red Zone usually happen 6-8 bars Continuously.
The First Bar that change to be Green or Red color is the Signal Bar.
Entry Signal is the second bar in the same color as the Signal bar happen with Volume
Price go higher the high of previous Green Bar is Buy Signal. Entry Buy (Long) and place Stop at 1 tick lower the Low of previous bar.
Price go ;ower the Low of previous Red Bars is Sell Signal. Entry Sell (Short) and place Stop at 1 tick higher the High of previous bar.
Do not Entry if Green Bars or Red Bars completed 5 bars continuously.
The Zone is mention in New Trading Dimensions by Bill Williams,PhD. The Zone is used for Entry Signal of Both Long and Short side.
Green Zone are painting Green Bars when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both increasing.
Red Zone are painting Red Bars when Awesome Oscillator (AO) and Accelerater/Decelerator (AC) are both decreasing.
Gray Zone are painting Gray Bars AO and AC in difference changing. Gray Zone are indicate the indecision between bulls and bears.
Bill Williams, PhD. mention that Green Zone or Red Zone usually happen 6-8 bars Continuously.
The First Bar that change to be Green or Red color is the Signal Bar.
Entry Signal is the second bar in the same color as the Signal bar happen with Volume
Price go higher the high of previous Green Bar is Buy Signal. Entry Buy (Long) and place Stop at 1 tick lower the Low of previous bar.
Price go ;ower the Low of previous Red Bars is Sell Signal. Entry Sell (Short) and place Stop at 1 tick higher the High of previous bar.
Do not Entry if Green Bars or Red Bars completed 5 bars continuously.
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Pragasit Thitaram, CEWA
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オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Pragasit Thitaram, CEWA
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。