PROTECTED SOURCE SCRIPT
TSG's Beast Signals
This indicator is built with the purpose of keeping things simple and user-friendly. It is a custom formula I developed lately and it signals pretty accurately changes of direction in the price.
Added an Alert option to it lately - with customizable messages.
_____________________________________________________
_____________________________________________________
HOW IT IS DONE
I make great use of the Average True Range indicator which is the best and simple volatility indicator out there and mix its behavior with several Moving Averages to catch exhaustions of trends and potential reversal points. Moving Averages are treated as bands and the price is kept within it (Something like Bollinger Bands , but custom).
_____________________________________________________
_____________________________________________________
WHAT TIMEFRAMES TO USE IT ON
The bigger the timeframe, the less noise you will have. It is playing out nicely to signal major trend reversal or retracements, but I used it for scalping aswell.
_____________________________________________________
_____________________________________________________
PLANS
Maybe MultiTimeframe table to align signals coming from different timeframes for better accuracy of entry?
Good Luck!
Added an Alert option to it lately - with customizable messages.
_____________________________________________________
_____________________________________________________
HOW IT IS DONE
I make great use of the Average True Range indicator which is the best and simple volatility indicator out there and mix its behavior with several Moving Averages to catch exhaustions of trends and potential reversal points. Moving Averages are treated as bands and the price is kept within it (Something like Bollinger Bands , but custom).
_____________________________________________________
_____________________________________________________
WHAT TIMEFRAMES TO USE IT ON
The bigger the timeframe, the less noise you will have. It is playing out nicely to signal major trend reversal or retracements, but I used it for scalping aswell.
_____________________________________________________
_____________________________________________________
PLANS
Maybe MultiTimeframe table to align signals coming from different timeframes for better accuracy of entry?
Good Luck!
Script protetto
Questo script è pubblicato con codice protetto, ma puoi comunque usarlo gratuitamente. Mettendolo tra i preferiti potrai applicarlo al grafico, senza però la possibilità di visualizzare o modificare il codice sorgente.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.