OPEN-SOURCE SCRIPT
Indicator SELL UB
Updated
Script Name: UB Sell Indicator based on 10Y Volume and Trend
Description: This indicator uses the 10-year interest rate (10Y1!) volume and price data to generate sell signals on the UB contract. When the 10Y1! volume exceeds a fixed threshold and the 10Y1! price is rising, a sell signal is issued to help traders anticipate bearish moves on the UB.
Features:
10Y1! Volume: Identifies periods of high volume.
10Y1! Price: Detects bullish trends in the 10Y1!.
Sell Signals: Displays red arrows to indicate selling opportunities on UB when conditions are met.
Visual Indicators: Colors and arrows for easy signal interpretation.
Parameters:
Fixed Volume Threshold: 114 (modifiable as needed).
Moving Average Period: 10 (to calculate the 10Y1! price trend).
Usage:
Watch for red arrows to identify selling opportunities on UB.
Combine with other analyses and indicators for a complete trading strategy.
Author: Jm Smeers
Publication Date: 26/10/2024
Description: This indicator uses the 10-year interest rate (10Y1!) volume and price data to generate sell signals on the UB contract. When the 10Y1! volume exceeds a fixed threshold and the 10Y1! price is rising, a sell signal is issued to help traders anticipate bearish moves on the UB.
Features:
10Y1! Volume: Identifies periods of high volume.
10Y1! Price: Detects bullish trends in the 10Y1!.
Sell Signals: Displays red arrows to indicate selling opportunities on UB when conditions are met.
Visual Indicators: Colors and arrows for easy signal interpretation.
Parameters:
Fixed Volume Threshold: 114 (modifiable as needed).
Moving Average Period: 10 (to calculate the 10Y1! price trend).
Usage:
Watch for red arrows to identify selling opportunities on UB.
Combine with other analyses and indicators for a complete trading strategy.
Author: Jm Smeers
Publication Date: 26/10/2024
Release Notes
Script Name: UB Sell Indicator based on 10Y Volume and TrendDescription: This indicator uses the 10-year interest rate (10Y1!) volume and price data to generate sell signals on the UB contract. When the 10Y1! volume exceeds a fixed threshold and the 10Y1! price is rising, a sell signal is issued to help traders anticipate bearish moves on the UB.
Features:
10Y1! Volume: Identifies periods of high volume.
10Y1! Price: Detects bullish trends in the 10Y1!.
Sell Signals: Displays red arrows to indicate selling opportunities on UB when conditions are met.
Visual Indicators: Colors and arrows for easy signal interpretation.
Parameters:
Fixed Volume Threshold: 114 (modifiable as needed).
Moving Average Period: 10 (to calculate the 10Y1! price trend).
Usage:
Watch for red arrows to identify selling opportunities on UB.
Combine with other analyses and indicators for a complete trading strategy.
Author: Jm Smeers
Publication Date: 26/10/2024
Open-source script
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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