OPEN-SOURCE SCRIPT
MAX SAHAM PUKAT
Updated
Max Saham Pukat converts price to Gaussian normal distribution and signals when prices move significantly by referencing recent price data. Information provided by the Max Saham Pukat can help identify reversals or big changes in asset pricing.
Ultimately, this indicator can be used to determine trends and underscore key price moves within said trends.
Removal of 2 levels and slight modification to the lower line was done to make this indicator works well with others.
How To Use
Buy Signal when Orange line crosses up the blue line.
Sell signal is otherwise, when orange line crosses down the blue line.
Reference line to indicate common support and resistance level.
Ultimately, this indicator can be used to determine trends and underscore key price moves within said trends.
Removal of 2 levels and slight modification to the lower line was done to make this indicator works well with others.
How To Use
Buy Signal when Orange line crosses up the blue line.
Sell signal is otherwise, when orange line crosses down the blue line.
Reference line to indicate common support and resistance level.
Release Notes
Updated script according to latest syntaxOpen-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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MAX SAHAM
Lets learn together
Telegram: maxsaham
Lets learn together
Telegram: maxsaham
Disclaimer
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