This thing is a complete masterpiece. I took the buy and sells from Lambo Script and plotted a background so I could see where it was buying and selling. As I was cleaning up the code, it dawned on me that I did not need multiple conditions for buys/sells. I only needed at 4 at most. This is a visualization of how it buys and sells. It looks almost like the Heiken Ashi scripts that repaint - but lets take a closer look at the precision of Lambo Script.
Where the Blue color changes to dark = sell. Light blue = buy.
Where the Blue color changes to dark = sell. Light blue = buy.
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blank chart.
Above is a Heiken Ashi repaint strategy. Notice where the arrows are
As you can see, this indicator is superior to Heiken Ashi in terms of where background color changes.
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I think my mom could trade the markets using this indicator. There is zero ambiguity or confusion when it comes to trade execution. The resolution can be 1 minute or one week. I might release it in private but I am having thoughts about whether that is even ethical.Nota
Bitcoin 1 minute. It's my personal believe that BTC is the most difficult instrument to trade using standard tools. BTC is completely unpredictable at times.
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This is how the system alerts before large down moves. It will be white stars, followed by red stars, then blue stars. A normal dip will not have thesse.
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here's a better picture of what this indicator does: A scenario where stocks only go down.
and a scenario where stocks only go up
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.