INVITE-ONLY SCRIPT
Predator [Crypto Trading FR]
Aggiornato
The Predator indicator is an oscillation indicator based on a complex mathematical equation that draws two lines, a fast and a slow one. Having two oscillating lines allows for crossovers between fast and slow lines, which can be used as confirmation of a slight trend bias.
Another advantage of the Predator indicator is the 50% Line. This could be added as another filter for trading rules. Having the lines above the 50% Predator line indicates that the price is on an uptrend while the lines below the 50% line indicates that the price is on a downtrend.
In this way, the algorithm can serve as a trend filter. For example, long trades can only be taken when values are above 50, while short trades require values below 50.
When the Predator line (orange) crosses above the slow trailing line, it indicates short-term momentum is to the upside, and long trades may be taken. Conversely, when the smoothed RSI crosses below the slow trailing line, short-term momentum is to the downside, and shorts may be more appropriate.
The indicator rarely generates false alarms and has virtually no lag, which makes it invulnerable both during periods of increased volatility and during flats with wide amplitude. Larger timeframes deserve special attention, as you can catch a very strong movement.
Summarizing, we should note that the Predator indicator does not raise any problems, it can be useful for both the beginners who just set foot on the way to learn trading and experienced traders as an additional method or as a signal module.
Another advantage of the Predator indicator is the 50% Line. This could be added as another filter for trading rules. Having the lines above the 50% Predator line indicates that the price is on an uptrend while the lines below the 50% line indicates that the price is on a downtrend.
In this way, the algorithm can serve as a trend filter. For example, long trades can only be taken when values are above 50, while short trades require values below 50.
When the Predator line (orange) crosses above the slow trailing line, it indicates short-term momentum is to the upside, and long trades may be taken. Conversely, when the smoothed RSI crosses below the slow trailing line, short-term momentum is to the downside, and shorts may be more appropriate.
The indicator rarely generates false alarms and has virtually no lag, which makes it invulnerable both during periods of increased volatility and during flats with wide amplitude. Larger timeframes deserve special attention, as you can catch a very strong movement.
Summarizing, we should note that the Predator indicator does not raise any problems, it can be useful for both the beginners who just set foot on the way to learn trading and experienced traders as an additional method or as a signal module.
Note di rilascio
*** MINOR UPDATE (v1.1) ***Note di rilascio
Updated algo functionNote di rilascio
At the request of several customers, I added colors for better readability as well as a second (green) line for long positions.Script su invito
L'accesso a questo script è riservato agli utenti autorizzati dall'autore, solitamente dietro pagamento di una commissione. Puoi aggiungerlo ai preferiti, ma sarai in grado di utilizzarlo solo una volta ricevuto il via libera da parte dell'autore. Per ulteriori informazioni, contatta CryptoTradingFrance o segui le istruzioni dell'autore riportate di seguito.
TradingView non suggerisce di pagare per uno script e di utilizzarlo a meno che non ci si fidi al 100% del suo autore e non si comprenda il suo funzionamento. In molti casi, è possibile trovare gratuitamente una buona alternativa open-source nei nostri Script della comunità.
Istruzioni dell'autore
″Let me know in comment if you want a trial!
Vuoi usare questo script sui tuoi grafici?
Attenzione: leggi prima di richiedere l'accesso.
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.