Crossover82% Study (no strat signals) — Indikator von capissimo

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trendanalysis movingaverage crossover study

The same as before without strategy signals

Versionshinweise: Basically it is a price action reversion strategy. The idea is to revert the price movement somehow using any math function.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Kommentare

Hey, I just found out that this indicator doesn't seem to work with anything other than EURUSD or GBPUSD, this works with only those two. Can you try to figure it out? Thanks in advance.

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peterson4545

@peterson4545, try to replace the math function. Ex. the following will do the trick: sig = rema(scaleMinimax(1/(X*log(p)), mmx, lowest(X, mmx), highest(X, mmx)), smooth)

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capissimo

@capissimo, thank you! I tried it, and the compiler said 'undeclared identifier: mmx'. Do I need to put some values instead of 'mmx', or insert another math function that calculats 'mmx'?

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peterson4545

@peterson4545, declare mmx (minimax) separately: mmx = 100 /// (200, ....) or mmx = input(100, "Minimax Lookback")

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I'm afraid the line is not showing.

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peterson4545

@peterson4545, tested this strat with eurusd and gbpusd w/o problem, but am sure it should work with other pairs/securities, as the math func is neutral by definition.

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