OPEN-SOURCE SCRIPT

Hilega-Milega

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Publishing this script on special request.

script siulates the strategy given by very polite and veteran trader from Patna ( NK Stock Talk ) . according to him, one can predict the market movement in any timeframe by applying some correlations of volume and price on top of strength.

He recommends to apply weighted moving avergage ( to predict volume factor ) on top of RSI and EMA to predict price ( on top of RSI again ) along with VWAP . i could not include VWAP here in script but it can be added separatly by just striking "/" on chart.

for more information and understanding on the strategy, one can refer the channel of NK Stock talk
search "Hilega To Milega (Hilbe_milbe ) Trading & Investing super System" on youtube.


Hopefully this will be usefull for all those who are using basic serverice of trading view and could not do indicator on top of indicator.

Disclaimer : I am just publishing for public use and nothing is recommendation. please understand it first before applying to trading. purpose of this script is solely on giving example how pine can be used to solved indicator on indicator problems. all credit to person who created this strategy.

Thanks
-daytraderph
Nota Keluaran
minor update
hilega_milegankstocktalkRelative Strength Index (RSI)

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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