atakanTkprmk

Seri Indicator 0.1

This is a Moving Average based indicator that is inspired by the MACD indicator. The indicator is intended to indicate trend reversals, and works best in hourly charts (1h-2h-3h-4h).

The Seri Indicator is easy to interpret, which was one of the design goals. If the Fast Moving Average (Green Line) crosses ABOVE the Slow Moving Average (Red Line), it indicates a BULLISH Trend , therefore a BUY SIGNAL. If the Fast Moving Average (Green Line) crosses BELOW the Slow Moving Average (Red Line), it indicates a BEARISH trend , therefore a SELL SIGNAL. The indicator is in development phase so it is natural for it to give faulty signals, so it is good practice to use it on a longer-term chart than the intended one (Use 2h chart for hourly trades etc.).

Any suggestions for improvements are highly welcome!
Release Notes: This is a Moving Average based indicator that is inspired by the MACD indicator. The indicator is intended to indicate trend reversals, and works best in hourly charts (1h-2h-3h-4h).

The Seri Indicator is easy to interpret, which was one of the design goals. If the Fast Moving Average (Green Line) crosses ABOVE the Slow Moving Average (Red Line), it indicates a BULLISH Trend, therefore a BUY SIGNAL. If the Fast Moving Average (Green Line) crosses BELOW the Slow Moving Average (Red Line), it indicates a BEARISH trend, therefore a SELL SIGNAL. The indicator is in development phase so it is natural for it to give faulty signals, so it is good practice to use it on a longer-term chart than the intended one (Use 2h chart for hourly trades etc.).

The current version is 0.2. The indicator is still in alpha/testing phase therefore is not market-ready for big amounts of investment.

Any suggestions for improvements are highly welcome!
Remove from Favorite Scripts Add to favorite indicators

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out