PROTECTED SOURCE SCRIPT
Updated Q Trend&Bar Buy/Sell Signals
Hello traders!
Q Trend&Bar Buy/Sell Signals is finally LIVE!
Purple signal (B1 B2 S1 S2) indicates a long and stable trend starts. B is buy, S is sell, *1 shows the trend is trying to turn, and *2 shows the trend confirms that turn (eg. shorts at S1 and increase your short pos at S2 or cover if you see a B1, etc).
Red signal (B S) indicates a shorter time frame trend starts (pullback, breakout failure reversal, etc).
Orange signal (B S) indicates a even shorter farme trend compares to red signals.
Overall, as ranked in trend power, purple 2 > purple 1 > red > orange.
Happy trading ;P
Q
Q Trend&Bar Buy/Sell Signals is finally LIVE!
Purple signal (B1 B2 S1 S2) indicates a long and stable trend starts. B is buy, S is sell, *1 shows the trend is trying to turn, and *2 shows the trend confirms that turn (eg. shorts at S1 and increase your short pos at S2 or cover if you see a B1, etc).
Red signal (B S) indicates a shorter time frame trend starts (pullback, breakout failure reversal, etc).
Orange signal (B S) indicates a even shorter farme trend compares to red signals.
Overall, as ranked in trend power, purple 2 > purple 1 > red > orange.
Happy trading ;P
Q
Release Notes
Added bar shape signals, changed default SAR input, cleaned code.(note: this version allows multi-type signals to appear in the same bar, and technically, a lower-weighted signal has to follow the higher-weighted signal, In a case where you found S1 and B in the same bar, it's recommended to short a longer-timeframe position, but you would still have some opportunities to long a shorter-timeframe position for inter/intra-bar trading in the coming 0-3 bars.)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.