PROTECTED SOURCE SCRIPT
更新済 Omega Trend Indicator
Identifying market trends is crucial for success in trading and investing. A trend is the general direction—upward (bullish), downward (bearish), or sideways (flat)—that the price of an asset or the overall market takes over a period of time.
The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.
The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.
Rules:
Pick your Anchor Timeframes, for example DAILY.
When Price is above RED = look for longs.
When Price is below RED = look for shorts.
The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:
Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN
The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).
Good luck.
The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.
The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.
Rules:
Pick your Anchor Timeframes, for example DAILY.
When Price is above RED = look for longs.
When Price is below RED = look for shorts.
The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:
Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN
The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).
Good luck.
リリースノート
Identifying market trends is crucial for success in trading and investing. A trend is the general direction—upward (bullish), downward (bearish), or sideways (flat)—that the price of an asset or the overall market takes over a period of time.The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.
The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.
Rules:
Pick your Anchor Timeframes, for example DAILY.
When Price is above RED = look for longs.
When Price is below RED = look for shorts.
The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:
Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN
The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).
Good luck.
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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。