OPEN-SOURCE SCRIPT

MATHR3E RAMP-MA

█ OVERVIEW

MATHR3E RAMP-MA (R-MA) is a trend following indicator.


█ CONCEPTS

Disclaimer:
MATHR3E RAMP-MA indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor.
It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl.
It is recommended to have read the trading techniques mentioned in the books covering this indicator beforehand.

How to use:
MATHR3E RAMP-MA is useful for determining if a market is trending and when so, to procure entry points to initiate a trade in line with the expected directional move.
It can be applied to markets as a stop-loss, as well as a low-risk entry qualifier in conjunction with other indicators of the same author.

Moving Average (R-MA I):
Only displayed when market is trending
 • Bull trend: Green (moving avg Lows/Period)
 • Bear trend: Red (moving avg Highs/Period)

Moving Average (R-MA II):
Always displayed
 • Bullish outlook on the market: the 3-day moving average must be positioned above the 34-day moving average
 • Bearish outlook on the market: the 3-day moving average must be positioned below the 34-day moving average



█ FEATURES & BENEFITS

Versatile:
This indicator is based on relative price action, so you can apply it to any market or time frame without having to change the default settings.

Rate of Change:
The ROC is calculated for the fast and slow periods of the R-MA (II).
R-MA (II) is colored blue when its rate of change is advancing and maroon when it is declining.

Breakout Qualifier:
A close above/below the moving average R-MA (I) that is confirmed by the following price bar's opening price
Materialized on chart with Flags:
 • Green when bear trend ends
 • Red when bull trend ends

Alerts
Get notified on:
 • UpTrend breakout
 • DnTrend breakout
 • Any breakout Signal
breakoutDM IndicatorMoving AveragespriceactionRate of Change (ROC)stoplosstrend

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.

Vuoi usare questo script sui tuoi grafici?


🟩➖➖➖➖➖➖➖➖➖➖➖➖➖➖🟩

⬛ Access to MATHR3E Indicators 📈🔓:
patreon.com/MATHR3E/

🟩➖➖➖➖➖➖➖➖➖➖➖➖➖➖🟩
Anche su:

Declinazione di responsabilità