Madrid

Madrid Bull/Bear Territory

Dilihat 2244
485
2244 0
This study displays a background in four colors, lime, green, red, maroon, lime = Bull Territory, red = Bear Territory, green = possible reversal to Bear Territory, maroon = possible reversal to Bull Territory.
Trading with the basic rule, go long on a Bull Market and short a Bear Market.
This study can be used inside the main window, or by unmerging/merging it can be used as a standalone or in combination with other indicators.
The parameters defined by default reduce choppiness and false signals, but just like any other indicator, there is a trade off between fast response and choppiness . The smaller the parameters the faster response, but the more choppiness .
This indicator is built using three EMA's, two (the bigger ones) are used to define the trend direction, and the fastest one is used as a signal, when the signal breaks out the trend indicators to the downside we're in Bear Market, when the signal breaks out to the upside, we're in Bull Market, any thing in between is either a trend reversal or trend continuation.
Momentum indicators and price pattern analysis are recommended to determine the direction of the trend.
Hilangkan dari Skrip-Skrip Favorit Tambahkan ke Skrip-Skrip Favorit
// Hector R. Madrid : 24/JUN/2014 : 00:27 : 3.0 : Madrid Bull/Bear Territory
// This study displays a background in four colors, lime, green, red, maroon
// lime = Bull Territory
// red  = Bear Territory
// green = possible reversal to Bear Territory
// maroon = possible reversal to Bull Territory
//
study("Madrid Bull/Bear Territory", shorttitle="MBBT", overlay=true)
src = hl2

// Input parameters
fastMALength = input(34, minval=1, title="Fast Trend Length")
slowMALength = input(55, minval=1, title="Slow Trend Length")
refMALength = input(5, title="Signal MA Length")

refMA = ema(src, refMALength)
fastMA = ema(src, fastMALength )
slowMA = ema(src, slowMALength )

bullBearColor = refMA>fastMA and refMA>slowMA ? lime    // Bull
             : refMA<fastMA and refMA<slowMA ? red      // Bear
             : refMA>fastMA and refMA<slowMA ? maroon   // Possible Bull
             : refMA<fastMA and refMA>slowMA ? green    // Possible Bear
             : gray                                     // Data Error
             
bgcolor(bullBearColor, transp=75)
Beranda Penyaring Saham Penyaring Forex Penyaring Crypto Kalender Ekonomi Tayangan Bagaimana Cara Kerjanya Fitur-Fitur Chart Harga Akun Tata Tertib Moderator Solusi Website & Broker Widget-Widget Solusi Charting Perpustakaan Charting Ringan Pusat Bantuan Refer seorang teman Permintaan Fitur Blog & Berita Yang Sering di Tanyakan Wiki Twitter
Profil Pengaturan Profil Akun dan Penagihan Refer seorang teman Tiket Dukungan Saya Pusat Bantuan Ide Terpublikasikan Pengikut Telah Mengikuti Pesan Pribadi Obrolan Keluar