OPEN-SOURCE SCRIPT
Abz Simple Trend
The goal of this indicator is to provide an "at-a-glance" trend-oriented moving averages indicator that helps with medium and long term trades and investments.
It should work on any chart timeframe but is intended for people interested in how the price is trending over longer timeframes.
Everything in the indicator is calculated against a weekly chart. This means if you're viewing it on another chart timeframe, such as the daily chart, the indicator will show the lines in the same places.
This indicator is intended to be easy enough for people without significant technical chart reading knowledge: Red means the market momentum is likely negative. Green is "bullish".
This is a lagging indicator. If you're new, this may seem like a bad thing, but markets eventually "revert to the mean". They tend to overshoot up and down from major trend lines, but eventually reconnect.
The indicator tracks 4 different moving averages:
- The Main moving average that is the thick, bright line on the chart
- The momentum line
- The 28w moving average (with smoother applied)
- The slow moving average (200w with special filters and smoother applied). This is the final mean reversion line.
The indicator is set up with multiple alerts and you can adjust everything via the settings.
Just remember that no indicator is a "cure all". You should not blindly trade based on the signals this gives out. It is not optimized to be the perfect trading bot but it will help to validate or invalidate your decisions. It's my favorite "at-a-glance" indicator, but I always look at the price action and see when the price reverses as that will occur before the indicator confirms it.
Other indicators that may help you confirm your decisions include: Volume, MACD, and RSI (especially when you understand divergences between the price action and the RSI).
It should work on any chart timeframe but is intended for people interested in how the price is trending over longer timeframes.
Everything in the indicator is calculated against a weekly chart. This means if you're viewing it on another chart timeframe, such as the daily chart, the indicator will show the lines in the same places.
This indicator is intended to be easy enough for people without significant technical chart reading knowledge: Red means the market momentum is likely negative. Green is "bullish".
This is a lagging indicator. If you're new, this may seem like a bad thing, but markets eventually "revert to the mean". They tend to overshoot up and down from major trend lines, but eventually reconnect.
The indicator tracks 4 different moving averages:
- The Main moving average that is the thick, bright line on the chart
- The momentum line
- The 28w moving average (with smoother applied)
- The slow moving average (200w with special filters and smoother applied). This is the final mean reversion line.
The indicator is set up with multiple alerts and you can adjust everything via the settings.
Just remember that no indicator is a "cure all". You should not blindly trade based on the signals this gives out. It is not optimized to be the perfect trading bot but it will help to validate or invalidate your decisions. It's my favorite "at-a-glance" indicator, but I always look at the price action and see when the price reverses as that will occur before the indicator confirms it.
Other indicators that may help you confirm your decisions include: Volume, MACD, and RSI (especially when you understand divergences between the price action and the RSI).
オープンソーススクリプト
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Absorbing info with every cycle
免責事項
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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。
Absorbing info with every cycle
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。