MBY_Quant_Hercules
This is MBY Lab.
We are very excited to deploy Hercules metrics.
Hercules strategy operates based on the Relative Strength Index , and displays the price when each Relative Strength Index maintains an upward trend or decreases.
When the stock price rises, the price at the time of entering the overbought or oversold section is displayed as the market price, or when the relative strength index falls when the stock price rises, it is captured and the market price is displayed.
Therefore, this indicator is a momentum indicator , and it can be said to be a non-trend following indicator.
The blue line that outputs as blue shows a graph of the asset change when buying or selling at the price pointed to by this indicator, including 0.2% slippage and 0.2% transaction fee.
Of course, this doesn't mean that this metric is always profitable.
This strategy was created to aid trading.
This indicator is a private indicator, please comment if you wish to use it.
**notice**
"Use the link(Invite only script Contact) below to obtain access to this indicator".
finally MBY_LAB support "Auto Mode Trading signal"
In Auto mode, Hercules determines the direction of the market by itself and dynamically sets the long and short position strategies.
Unfortunately, the auto mode included in this patch is only available for Bitcoin and Ethereum.
Alert condition Added (will delete soon).
Auto mode added.
2.3.5 version update.
NEW ticker support!! : ZEN!!!
P/L label added!!
enjoy!
UNI
COMP
YFI
patched.
dislisting some alts coins.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Yonggg92 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Yonggg92 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.