OPEN-SOURCE SCRIPT

Wall Street Cheat Sheet - Live and Death Run

8 470
Hi,
This script was inspired by Wall Street Cheat Sheet and a video published by "Gold 2020 Forecast" https://www.youtube.com/watch?v=VGhan-jhnpk&t=400s.

I was trying to check if what the video claims as a unique pattern is true.

It looks like - either my script is rubbish (which might be as it's one of my first scripts in this programming environment) or this pattern it's not identified correctly.

In general this script should idnetify the euphoria phase on the market (1 or 2 down candels followed by 6 to 8 up) or the end of the depression (1 or 2 up followed by 6 to 8 down).

In my opinion those conditions do not determine and identify market phases correctly.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.