Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
الوصف
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Hello traders
Hope you're all doing well
This script is a generic cloud generator using a pre-selected set of moving averages (I probably forgot a lot but listed all the ones I used at least once).
A cloud is a visual representation of the gap between two moving averages - it shows right away how big in that gap (=how far they are from each other) The challenge is to find a cloud such as the price often stay stuck between those 2 MA - and when it's getting finally out (up or down), it would be strong enough to signal a beginning of a trend. This is a cool intellectual challenge for all aspiring traders
For that script, I defined a trend according to how the 2 MAs are located relative to each other (MA1 > MA2 or MA1 < MA2) and if the price gets out of the cloud.
You'll get :
- the option to color the candles based on a trend - cool triangles entry signals - and alerts on those triangles
try with 3 EMA same EMA150/EMA250/EMA350. It is called as TURTLE TRADING STRATEGY. if we see in DAY chart green tick then it is sure shot call for multibagger returns. Hardly in any index or stocks we will get opportunity only two times but i can say it is sure shot entry.
wsjiii
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Hi, I'm new to Pine script. How can I add a second source option to this indicator so there will be one for each MA. For example, I want the first MA to be based on price high and the second MA on price low.
Thank you for this indicator, it's a fun one to work with. Going to try out some bets on the hourly! If you ever get around to updating this for any reason, let us know. Thanks for sharing this for free!
@Daveatt, For sure, do you have a spot on the internet that houses a group or your information with trading? I'd love to learn more from you - based on this indicator alone.
Daveatt
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@ccoltmanm, sure send me a direct message if interested
My website link is available from my profile page on TradingView also
Nickroy11
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@Daveatt, How canI use this script in TOS platform?