naoligo

[naoligo] Didi's Needle - Agulhada do Didi

EN-US

This indicator was created based on the famous 'Agulhada do Didi', created by the mythological Odir Aguiar. It has a very simple operation and can be applied in any graphical time, but the idea is that the longer the time, the better, following the classical Technical Analysis , that trends in larger graph times are stronger.

The candles are duly marked by arrows indicating the possible direction of the movement, being yellow when it is preparation and blue ( bullish ) or oranges ( bearish ). Moving averages are plotted only in such candles, to serve for analysis of their positions.

Comment if you have any questions, criticisms or suggestions.

Have fun!

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PT-BR

Esse indicador foi criado com base na famosa 'Agulhada do Didi', criada pelo mitológico Odir Aguiar. Possui funcionamento bem simples e pode ser aplicado em qualquer tempo gráfico, mas a idéia é que quanto maior for o tempo, melhor, seguindo a Análise Técnica clássica, de que tendências em tempos gráficos maiores são mais fortes.

Os candles são devidamente marcados por setas indicando a possível direção do movimento, sendo amarelas quando for preparação e azuis ( bullish ) ou laranjas ( bearish ). As médias móveis são plotadas apenas em tais candles, pra servir para análise de suas posições.

Comentem caso tenham qualquer dúvida, crítica ou sugestão.

Divirtam-se!
Release Notes: Now you can choose between Simple Moving Average (SMA) or Exponential Moving Average (EMA). This famous setup originally uses SMA as default, but works with EMA too.

Enjoy!
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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