OPEN-SOURCE SCRIPT
Aktualisiert Lawyers Trend Pro
This indicator basilcy has 2 sections
A. Lawyers Trend Pro
B. Lawyers Band
A. Lawyers Trend Pro
This indicator basicly using 2 different calculations average.
And you can see this average as line on this script.
This line has 2 functions
1. Buy and Sell Strategy
-İf the line colored BLUE this means you can BUY
-İf the line colored RED this means you can SELL
As you can see the picture you can buy and sell with this line
2. Support and Resistance Function
You can use the line as resistance and support.
B. Lawyer's Band
This indicator has 3 bands
1. Upper Band
2. Middle Band
3. Lower Band
1. Upper Band
Average of Moving Average of the Close (add Standard Deviations) and Highest price reached in the prior period
2. Middle Band
Average of upper and middle bands. And middle band also has BUY-SELL function. If middle band is blue you can BUY and if the middle band colored red you can SELL
3. Lower Band
Average of Moving Average of the Close(subtract Standard Deviations) and Lowest price reached in the prior period
Upper and Lower bands can be used for BUY&SELL strategy.
You can buy when price touches the lower band
You can sell when price touches the upper band
Indicator can work with long and short positions aswell
As you can see when price touches the lower band you can be LONG
and when the price touches the upper band you can be SHORT
When stock prices continually touch the upper Lawyers Band, the prices are thought to be overbought; conversely, when they continually touch the lower band, prices are thought to be oversold, triggering a buy signal. When using Lawyers Bands, designate the upper and lower bands as price targets.
A. Lawyers Trend Pro
B. Lawyers Band
A. Lawyers Trend Pro
This indicator basicly using 2 different calculations average.
And you can see this average as line on this script.
This line has 2 functions
1. Buy and Sell Strategy
-İf the line colored BLUE this means you can BUY
-İf the line colored RED this means you can SELL
As you can see the picture you can buy and sell with this line
2. Support and Resistance Function
You can use the line as resistance and support.
B. Lawyer's Band
This indicator has 3 bands
1. Upper Band
2. Middle Band
3. Lower Band
1. Upper Band
Average of Moving Average of the Close (add Standard Deviations) and Highest price reached in the prior period
2. Middle Band
Average of upper and middle bands. And middle band also has BUY-SELL function. If middle band is blue you can BUY and if the middle band colored red you can SELL
3. Lower Band
Average of Moving Average of the Close(subtract Standard Deviations) and Lowest price reached in the prior period
Upper and Lower bands can be used for BUY&SELL strategy.
You can buy when price touches the lower band
You can sell when price touches the upper band
Indicator can work with long and short positions aswell
As you can see when price touches the lower band you can be LONG
and when the price touches the upper band you can be SHORT
When stock prices continually touch the upper Lawyers Band, the prices are thought to be overbought; conversely, when they continually touch the lower band, prices are thought to be oversold, triggering a buy signal. When using Lawyers Bands, designate the upper and lower bands as price targets.
Versionshinweise
This version we added this indicator BUY and SELL Alert Conditions
You can add alerts for BUY and SELL
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
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.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
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.