OPEN-SOURCE SCRIPT
SQVIGU BULLISH--Encyclopedia of Chart Patterns
What Does Part 1 Do?
Part 1 serves as the foundational layer of this trading system. It is designed to be applied directly to your main chart to help you identify the macro trend, dynamic support/resistance, and overall market direction.
How to Use Part 1:
• Trend Identification: When the [feature, e.g., trend ribbon/moving average] turns [Color], it signals a bullish market environment. When it turns [Color], it signals a bearish environment.
• Key Levels: Watch how price reacts at the [feature, e.g., auto-drawn support/resistance zones]. These are high-probability areas for bounces or breakouts.
• Primary Signals: Look for [Specific condition, e.g., green/red arrows] on the chart. These act as your initial alert to start looking for a trade.
The Golden Rule (System Integration)
Part 1 gives you the direction, but you need Part 2 to pull the trigger. Never take a signal from Part 1 without confirming that Part 2 aligns with the same directional bias.
Settings & Alerts
• Fully customizable inputs to adjust the sensitivity for scalping, day trading, or swing trading.
• Built-in alerts for [List alert types, e.g., trend changes or support tests].
Part 1 serves as the foundational layer of this trading system. It is designed to be applied directly to your main chart to help you identify the macro trend, dynamic support/resistance, and overall market direction.
How to Use Part 1:
• Trend Identification: When the [feature, e.g., trend ribbon/moving average] turns [Color], it signals a bullish market environment. When it turns [Color], it signals a bearish environment.
• Key Levels: Watch how price reacts at the [feature, e.g., auto-drawn support/resistance zones]. These are high-probability areas for bounces or breakouts.
• Primary Signals: Look for [Specific condition, e.g., green/red arrows] on the chart. These act as your initial alert to start looking for a trade.
The Golden Rule (System Integration)
Part 1 gives you the direction, but you need Part 2 to pull the trigger. Never take a signal from Part 1 without confirming that Part 2 aligns with the same directional bias.
Settings & Alerts
• Fully customizable inputs to adjust the sensitivity for scalping, day trading, or swing trading.
• Built-in alerts for [List alert types, e.g., trend changes or support tests].
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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.