Cashew Nuts
In general, stock prices show how they form new prices when they are outside the average price or range.
Therefore, when stock prices show an average price flow, if you take both long and short positions, you will have an opportunity to convert the spread into profit in the meantime.
How to use -
When the direction is determined from the average price, and when the direction is up, it is generally interpreted as a drop as soon as it deviates from the resistance line.
When the direction is determined from the average price, and when the direction is lowered, it is generally expected to rise as soon as it breaks the support line.
Precautions -
These indicators do not guarantee profits.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Yonggg92 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Yonggg92 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.