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更新済 Monster Breakout Index
This is the coolest indicator I have ever made to date so far.
The Monster Breakout Index is a completely original idea that I came up with.
MBI is a breakout indicator with one parameter. MBI lives up to its name because of how robust the index is. It gives very little signals, which means that the signals that it does generate are very high quality.
How to Interpret:
Green - Buy
Red - Sell
Would you like to know how this indicator works?
Of course you do! Well here it is...(in steps):
1) Calculate the median price (hl2 price) of each bar over n periods (n is the parameter).
2) Is the current bar's close higher than the highest median? Yes = Buy signal , No = proceed to step 3
3) Is the current bar's close lower than the lowest median? Yes = Sell signal , No = No signal
Recommended setting: 12
If you found this indicator, good job because its a true force to reckon with, its what I would call.....a monster.
Good luck traders, and hit the like button!
The Monster Breakout Index is a completely original idea that I came up with.
MBI is a breakout indicator with one parameter. MBI lives up to its name because of how robust the index is. It gives very little signals, which means that the signals that it does generate are very high quality.
How to Interpret:
Green - Buy
Red - Sell
Would you like to know how this indicator works?
Of course you do! Well here it is...(in steps):
1) Calculate the median price (hl2 price) of each bar over n periods (n is the parameter).
2) Is the current bar's close higher than the highest median? Yes = Buy signal , No = proceed to step 3
3) Is the current bar's close lower than the lowest median? Yes = Sell signal , No = No signal
Recommended setting: 12
If you found this indicator, good job because its a true force to reckon with, its what I would call.....a monster.
Good luck traders, and hit the like button!
リリースノート
Added short title "MBI" & renamed setting to "Period".オープンソーススクリプト
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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。