OPEN-SOURCE SCRIPT
[blackcat] L1 Slope Oscillator
Level 1
Background
This technical indicator can judge the upside potential of individual stocks based on the slope
Function
This technical indicator determines whether the trend continues or reverses by defining a fast slope and a slow slope. If it shows a golden cross to buy at a low level, a dead cross to sell. It can be combined with other types of fast technical indicators to determine the resonance of buying and selling points. The premise of buying stocks is that this indicator has a golden cross and the individual stocks are trending upwards.
Remarks
Feedbacks are appreciated.
Background
This technical indicator can judge the upside potential of individual stocks based on the slope
Function
This technical indicator determines whether the trend continues or reverses by defining a fast slope and a slow slope. If it shows a golden cross to buy at a low level, a dead cross to sell. It can be combined with other types of fast technical indicators to determine the resonance of buying and selling points. The premise of buying stocks is that this indicator has a golden cross and the individual stocks are trending upwards.
Remarks
Feedbacks are appreciated.
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