This script was created to analyze levels of market trends.
This is an indicator that is used to analyze the overall 2 levels. 1.Considering the index's key trends (Strategic Level) 2.Trend Analysis (Tactical Level)
To get a big overview of the trend and catch short-term movements. In this indicator, there are 4 levels of momentum measurements. with the default setting Major trends (Strategic Level) 1.We have the highest and lowest prices in the 52-week or 1-year scale. 2.We use the average of the highest and lowest prices(basis of 52-week). can be filtering the overview of the trend 3.As for the trend in 24-week or 6-month. Used to find the direction of the price And helps confirm that a trend is starting to take a certain direction. Sub-level trend (Tactical Level) 1.Price in the level 12-week or 3-month. We use it to calculate the direction of movement in the short term, it is possible that the market will be bullish or bearish in 3-month. 2.And the 12-week or 3-month price is a confirmation of how strongly the short-term price moves in any direction. 3.If there will be a correction of the price base 12 weeks or 3-month price swings always happen first. 4.The 1-month price is the same as the trigger, if the market has a breakout in any way it could mean the start of a short sway.
By this indicator Besides being used to measure direction or trend, it can also be used as a significant filter for both support and resistance for short, medium, long term.
Dieses Skript wird als Closed-Source veröffentlicht und Sie können es frei verwenden. Sie können es favorisieren, um es auf dem Chart zu verwenden. Sie können den Quellcode nicht einsehen oder verändern.
Möchten Sie dieses Skript auf einem Chart verwenden?
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.