OPEN-SOURCE SCRIPT
Wyckoff Buy/Sell with Improved Signals
This script implements a trading strategy based on the Wyckoff Method for market cycle analysis, with improved buy and sell signals confirmed by MACD , Volume Analysis , and EMA Crossovers .
- Buy Signals : Triggered by Wyckoff's Accumulation and Markup phases, confirmed by MACD bullish crossovers, high volume , and buy pressure .
- Sell Signals : Triggered by Wyckoff's Distribution** and Markdown** phases, confirmed by MACD bearish crossovers, **high volume , and sell pressure .
- Buy/Sell Prices : Displays the exact buy and sell prices on the chart for easy tracking.
- Alerts : Custom alerts are configured to notify you when a buy or sell signal is triggered.
This script helps identify potential buy and sell opportunities by analyzing market phases and utilizing key indicators to confirm the signals.
- Buy Signals : Triggered by Wyckoff's Accumulation and Markup phases, confirmed by MACD bullish crossovers, high volume , and buy pressure .
- Sell Signals : Triggered by Wyckoff's Distribution** and Markdown** phases, confirmed by MACD bearish crossovers, **high volume , and sell pressure .
- Buy/Sell Prices : Displays the exact buy and sell prices on the chart for easy tracking.
- Alerts : Custom alerts are configured to notify you when a buy or sell signal is triggered.
This script helps identify potential buy and sell opportunities by analyzing market phases and utilizing key indicators to confirm the signals.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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