INVITE-ONLY SCRIPT

TTP MC signal

Updated
This signal is based on Market Cipher.

It triggers a 1 for a buy the divergence signal which is less frequent and more conservative.
It triggers a 1.5 for the normal signal which is more frequent and more risky.
It triggers a 2 for a sell signal which is also using a divergence.

You can use this values to backtest.

It contains alerts for each of the separated signals.
Release Notes
- Updated to Pine Script v5
- Label "MC Backtest Signal" added to make it easier to identify which source should be used for backtesting and integration with backtesters like Absolutno. Only use this as source from now on to prevent any issues.
- Signals are shown in overlay mode in the price itself and no longer using a separated panel.

Instructions:
- Remove any old version of TTP MV Signal from your chart.
- Add it again
- Confirm you are using TTP MC Signal version 0.2
Release Notes
MC alerts re added
backtestingmarketcipherOscillatorsRelative Strength Index (RSI)signalsStochastic RSI (STOCH RSI)

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TheTradingParrot for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

You can use this script by becoming a VIP member of https://patreon.com/thetradingparrot

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