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OPEN-SOURCE SCRIPT

Noro's SILA v1.4

1459
New sensivity

Now 2 types of sensitivity. Uptrend-Sensivity and Downtrend-Sensivity.

For example:

Uptrend-Sensivity = 3 and Downtrend-Sensivity = 5 is for a very bullish market
(U-S < D-S)

Uptrend-Sensivity = 5 and Downtrend-Sensivity = 3 is for a very bearish market
(U-S > D-S)

Low-risk

Uptrend-Sensivity = 6 and Downtrend-Sensivity = -1 (minus one) is a low-risk strategy

New settings

Minimum of sensivity = -6
Maximum of sensivity = +6

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

ROBO_Trading
Also on:
silaTrend Analysisvanga

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.
silaTrend Analysisvanga

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

ROBO_Trading
Also on:

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.