OPEN-SOURCE SCRIPT

[blackcat] L3 God Hunter Scalping

Level 3

Background

An ultra-short scaler that I integrate with multiple custom function implementations. Because of its responsiveness it is suitable for small cycle applications.

Function

The first technical indicator to integrate is the stoch. By combining the stoch indicators of long and short periods, I can not only ensure its high-speed reaction speed, but also be compatible with stability.

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The second is the improved KDJ indicator to further strengthen buying and selling conditions. Because the final trend output is relatively fast, I used a variety of long-short conditions to improve adaptability. and minimize noise. It is well known that price fluctuations in small cycles are more random.
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The third feature is the classification of buying and selling points, not only through the reversal of the trend curve, but also several other buying and selling point conditions, oversold and overbought signals, signal divergence techniques, etc.

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Finally, through the nested RSI, the momentum trend strength of the trend signal is represented by a gradient color to assist in judging whether the reversal point is approaching.

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Remarks

For differnent instruments and time frames, overbought and oversold threshold should be adjusted accordingly, or it may not work well.
Feedbacks are appreciated.
blackcat1402Centered Oscillators

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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