OPEN-SOURCE SCRIPT
Seri Indicator 0.1
Aktualisiert
This is a Moving Average based indicator that is inspired by the MACD indicator. The indicator is intended to indicate trend reversals, and works best in hourly charts (1h-2h-3h-4h).
The Seri Indicator is easy to interpret, which was one of the design goals. If the Fast Moving Average (Green Line) crosses ABOVE the Slow Moving Average (Red Line), it indicates a BULLISH Trend, therefore a BUY SIGNAL. If the Fast Moving Average (Green Line) crosses BELOW the Slow Moving Average (Red Line), it indicates a BEARISH trend, therefore a SELL SIGNAL. The indicator is in development phase so it is natural for it to give faulty signals, so it is good practice to use it on a longer-term chart than the intended one (Use 2h chart for hourly trades etc.).
Any suggestions for improvements are highly welcome!
The Seri Indicator is easy to interpret, which was one of the design goals. If the Fast Moving Average (Green Line) crosses ABOVE the Slow Moving Average (Red Line), it indicates a BULLISH Trend, therefore a BUY SIGNAL. If the Fast Moving Average (Green Line) crosses BELOW the Slow Moving Average (Red Line), it indicates a BEARISH trend, therefore a SELL SIGNAL. The indicator is in development phase so it is natural for it to give faulty signals, so it is good practice to use it on a longer-term chart than the intended one (Use 2h chart for hourly trades etc.).
Any suggestions for improvements are highly welcome!
Versionshinweise
This is a Moving Average based indicator that is inspired by the MACD indicator. The indicator is intended to indicate trend reversals, and works best in hourly charts (1h-2h-3h-4h).The Seri Indicator is easy to interpret, which was one of the design goals. If the Fast Moving Average (Green Line) crosses ABOVE the Slow Moving Average (Red Line), it indicates a BULLISH Trend, therefore a BUY SIGNAL. If the Fast Moving Average (Green Line) crosses BELOW the Slow Moving Average (Red Line), it indicates a BEARISH trend, therefore a SELL SIGNAL. The indicator is in development phase so it is natural for it to give faulty signals, so it is good practice to use it on a longer-term chart than the intended one (Use 2h chart for hourly trades etc.).
The current version is 0.2. The indicator is still in alpha/testing phase therefore is not market-ready for big amounts of investment.
Any suggestions for improvements are highly welcome!
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
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