PROTECTED SOURCE SCRIPT
Обновлено Omega Trend Indicator
Identifying market trends is crucial for success in trading and investing. A trend is the general direction—upward (bullish), downward (bearish), or sideways (flat)—that the price of an asset or the overall market takes over a period of time.
The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.
The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.
Rules:
Pick your Anchor Timeframes, for example DAILY.
When Price is above RED = look for longs.
When Price is below RED = look for shorts.
The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:
Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN
The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).
Good luck.
The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.
The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.
Rules:
Pick your Anchor Timeframes, for example DAILY.
When Price is above RED = look for longs.
When Price is below RED = look for shorts.
The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:
Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN
The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).
Good luck.
Информация о релизе
Identifying market trends is crucial for success in trading and investing. A trend is the general direction—upward (bullish), downward (bearish), or sideways (flat)—that the price of an asset or the overall market takes over a period of time.The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.
The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.
Rules:
Pick your Anchor Timeframes, for example DAILY.
When Price is above RED = look for longs.
When Price is below RED = look for shorts.
The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:
Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN
The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).
Good luck.
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Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. Однако вы можете использовать его свободно и без каких-либо ограничений — читайте подробнее здесь.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.