OPEN-SOURCE SCRIPT
Vegas+200+Big Vol by RSU
Updated
1.Vegas channel
The Vegas channel indicator is very effective as a short, medium and long-term trend observation indicator, and it has obvious support and resistance functions.
2.EMA200+MA200
Usually ema200 or ma200 is used as a watershed for fund institutions to evaluate the long-short trend of a stock trend.
3.Big volume box
Big volume is often used as a signal of a market trend turning,if it is greater than 4 times standard deviation it is marked as a Big volume in yellow box. There will be support and resistance at this price range.
The Vegas channel indicator is very effective as a short, medium and long-term trend observation indicator, and it has obvious support and resistance functions.
2.EMA200+MA200
Usually ema200 or ma200 is used as a watershed for fund institutions to evaluate the long-short trend of a stock trend.
3.Big volume box
Big volume is often used as a signal of a market trend turning,if it is greater than 4 times standard deviation it is marked as a Big volume in yellow box. There will be support and resistance at this price range.
Release Notes
Removed the limitation only for day, now supports all timeframes.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 publication is governed by House rules. You can favorite it to use it on a chart.
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