OPEN-SOURCE SCRIPT
[blackcat] L3 Swing Trading Zones
Level 3
Background
For swing trading, I consider a combination of multiple technical indicators to indicate periods of long and short positions.
Function
First, judge the daily-level long and short recommendations by the J value of the KDJ indicator in the weekly cycle. in addition. Second, draw bull-bear lines by integrating existing technical indicators such as rsi, adx, cci, dmi, etc. The bull line is above 0, the bear line is below 0, and the other is offsetting each other. When both are relatively close to the zero axis, it means that the strength is equal, and there will be signs of sideways.
Remarks
"D" timeframe ONLY.
Feedbacks are appreciated.
Background
For swing trading, I consider a combination of multiple technical indicators to indicate periods of long and short positions.
Function
First, judge the daily-level long and short recommendations by the J value of the KDJ indicator in the weekly cycle. in addition. Second, draw bull-bear lines by integrating existing technical indicators such as rsi, adx, cci, dmi, etc. The bull line is above 0, the bear line is below 0, and the other is offsetting each other. When both are relatively close to the zero axis, it means that the strength is equal, and there will be signs of sideways.
Remarks
"D" timeframe ONLY.
Feedbacks are appreciated.
Skrip open-source
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