crypto_DaVinci

CW - baseline

What is Baseline?

Baseline acts as powerful filter for CW-Lynx. With this indicator, you can easily tell if market is in uptrend or downtrend.

Market is in uptrend if baseline turns green, and market is in downtrend if baseline turns red.


Settings


Default Base Line Settings allow us to input the Smoothing Type, Length, Source, and Time Frame (Multi-Time Frame Function) desired. There is another option here for Channel Multiplier. There is a Keltner Channel surrounding the Base Line, you can adjust it's width with this setting.

Strategy

Baseline acts as trend detector, and as filter for Lynx indicator.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact crypto_DaVinci for more information, or follow the author's instructions below.

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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.

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