OPEN-SOURCE SCRIPT
SAG Buy and Sell Indicator
This script indicates a BUY or SELL signal based on the presence of events from 4 other indicators. The four other indicators are:
1) My Stochastic Triple Confirm from September 2016
2) Lazy Bear's Squeeze Momentum Indicator
3) A simple Relative Strength Index set to 9
4) A modified stochastic that I created
A buy signal must occur at the same time on all four indicators in order for this one to signal BUY. Conversely, a sell signal must occur at the same time on all four indicators for a SELL signal to appear here. Because it is rare for all four to perfectly signal BUY or SELL at the same bar point, this indicator will not signal frequently. However, when it signals it can benefit the user.
NO SIGNAL/INDICATOR IS PERFECT. This should be used as a helpful tool and not be a sole factor in making trading decisions. This signal has been very accurate (reliable greater than 97%) in back-testing. A winning position greater than 9 out of 10 times will work for most traders. Please provide feedback, thoughts, and critiques.
1) My Stochastic Triple Confirm from September 2016
2) Lazy Bear's Squeeze Momentum Indicator
3) A simple Relative Strength Index set to 9
4) A modified stochastic that I created
A buy signal must occur at the same time on all four indicators in order for this one to signal BUY. Conversely, a sell signal must occur at the same time on all four indicators for a SELL signal to appear here. Because it is rare for all four to perfectly signal BUY or SELL at the same bar point, this indicator will not signal frequently. However, when it signals it can benefit the user.
NO SIGNAL/INDICATOR IS PERFECT. This should be used as a helpful tool and not be a sole factor in making trading decisions. This signal has been very accurate (reliable greater than 97%) in back-testing. A winning position greater than 9 out of 10 times will work for most traders. Please provide feedback, thoughts, and critiques.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.