ducksjc

RinganTrend 0.4

ducksjc Updated   
This is from SuperTrend.
But I changed manything. so now i call it ringanTrend.
now v0.4

buy at green arrow. (end of black line)
sell at red arrow. (end of blue line)

but be carefull. it may take your money.
look at the chart. left side it take trader's money often.(but small)

also i published v0.3 before
so you can use 0.3 and 0.4 at the same time.

you can change 4 value.
v0.3 setting is 4, 13, 8, 5

0.4's default setting is for shooter(maybe)
2, 4, 1, 1

you trade often in 0.4 default setting than v0.3

and i fixed small bug.

I am not sure i will make v0.5
cause ...i guess i cannot make better than this.
SuperTrend is so nice idea already!! especially for alt-coin

you can see difference.


in korean
빨간화살표에서 파세요 (파란선이 끝나는 점)
녹색화살표에서 사세요 (검은선이 끝나는 점)
Release Notes:
changed 4 value setting.
to 2, 4, 8, 1

always be carefull.
i drew 4 red circle that you can loss your money.
Release Notes:
added "stop-limit mode" option.
not check : line and candle cross check is not so simple. but stable. this is orignal setting.
check : sell or buy when the line hit everywhere on candle. very unstable. but...this indicator maybe helpful for some case.
Release Notes:
fixed option color name. green->blue. red->black
i am testing 'stoplimit mode' with 4 4 8 8 option.
Release Notes:
fixed small bug.
Release Notes:
factor10 is 10 times of factor.
nothing changed except that.
sorry bad english.
Release Notes:
i changed the arroow offset -1
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?