OPEN-SOURCE SCRIPT
Level R

When I look for analysis of stuff , I want the big picture so this indicator try to to this in a simple script
the indicator based on monthly avreage of high and low (seen as the blue line)
the other line are leveles bellow or above
the red line is linear regression trend 100 length
so how this stuff work?
first you can use time frame of 1-4 hours for better results
next
if asset is above the mean monthly avreage then it has good buy signal , if it above the top line is bullish
and vice versa
the linear regression give us more fine detail as helper
the nice thing in this indicator is when a sset (stock etc at free fall down) which happen and we are looking for good buy opertunity then when we see it return upward to the R system this is best low possible to buy it as then we have reverse the cycle from berarishg to bullish
vice versa will if end of buy cycle
simple system but need one to carfully watch how the trend look on it.
the indicator based on monthly avreage of high and low (seen as the blue line)
the other line are leveles bellow or above
the red line is linear regression trend 100 length
so how this stuff work?
first you can use time frame of 1-4 hours for better results
next
if asset is above the mean monthly avreage then it has good buy signal , if it above the top line is bullish
and vice versa
the linear regression give us more fine detail as helper
the nice thing in this indicator is when a sset (stock etc at free fall down) which happen and we are looking for good buy opertunity then when we see it return upward to the R system this is best low possible to buy it as then we have reverse the cycle from berarishg to bullish
vice versa will if end of buy cycle
simple system but need one to carfully watch how the trend look on it.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.