OPEN-SOURCE SCRIPT
IBB

IBB - indicator of Boris Borbot
This is my indicator, built on the basis of the classic moving average momentum and rsi indicators. The advantage of this indicator is that it has no lags like classic indicators. In addition, by virtue of its formula, it has sufficient weight so as not to react to random price fluctuations.
In addition, the indicator is constructed in such a way that there is practically no price movement against the indicator movement, i.e. if the indicator goes down, the price will either fall or remain in the corridor.
Therefore, trading signals are as follows
1.buy if the indicator goes up
2.sell if the indicator goes down
3. More complex signal.
Consider three time frames. The intervals must be independent. That is, on two consecutive intervals, the picture may turn out that on the first interval the indicator is close to zero, and on the second interval, it is close to one at the same time.
Take three consecutive intervals for example 5 minutes, 15 minutes, and one hour.
At the moment when the indicator value is close to one on all three intervals, you can fix the position, because until the indicator starts moving down in the 5-minute interval, there will most likely not be an upward movement.
More detailed comments are in the video in Russian
and will be made in English. Thank you for understanding.
This is my indicator, built on the basis of the classic moving average momentum and rsi indicators. The advantage of this indicator is that it has no lags like classic indicators. In addition, by virtue of its formula, it has sufficient weight so as not to react to random price fluctuations.
In addition, the indicator is constructed in such a way that there is practically no price movement against the indicator movement, i.e. if the indicator goes down, the price will either fall or remain in the corridor.
Therefore, trading signals are as follows
1.buy if the indicator goes up
2.sell if the indicator goes down
3. More complex signal.
Consider three time frames. The intervals must be independent. That is, on two consecutive intervals, the picture may turn out that on the first interval the indicator is close to zero, and on the second interval, it is close to one at the same time.
Take three consecutive intervals for example 5 minutes, 15 minutes, and one hour.
At the moment when the indicator value is close to one on all three intervals, you can fix the position, because until the indicator starts moving down in the 5-minute interval, there will most likely not be an upward movement.
More detailed comments are in the video in Russian

Skrip open-source
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.