OPEN-SOURCE SCRIPT
Actualizado Oversold Master
How it works, and how to tune it:
Gray line = neutral. Red = in overbought zone. Blue = in oversold zone.
A triangle signal only appears after price has confirmed its way back out of the zone (controlled by "Bars to Confirm Exit From Zone") — this is what prevents you from selling into a strong momentum spike that keeps climbing.
The bands themselves move (adaptive mode) — during high volatility they widen, so you don't get an overbought signal every 20 minutes; during quiet chop they tighten, so you still catch real extremes.
The trend filter checks a daily EMA by default — it will block sell signals while the daily trend is up, and block buy signals while the daily trend is down. This is the setting most responsible for avoiding "buying a dip that's actually the start of a crash."
Gray line = neutral. Red = in overbought zone. Blue = in oversold zone.
A triangle signal only appears after price has confirmed its way back out of the zone (controlled by "Bars to Confirm Exit From Zone") — this is what prevents you from selling into a strong momentum spike that keeps climbing.
The bands themselves move (adaptive mode) — during high volatility they widen, so you don't get an overbought signal every 20 minutes; during quiet chop they tighten, so you still catch real extremes.
The trend filter checks a daily EMA by default — it will block sell signals while the daily trend is up, and block buy signals while the daily trend is down. This is the setting most responsible for avoiding "buying a dip that's actually the start of a crash."
Notas de prensa
How it works, and how to tune it:Gray line = neutral. Red = in overbought zone. Blue = in oversold zone.
A triangle signal only appears after price has confirmed its way back out of the zone (controlled by "Bars to Confirm Exit From Zone") — this is what prevents you from selling into a strong momentum spike that keeps climbing.
The bands themselves move (adaptive mode) — during high volatility they widen, so you don't get an overbought signal every 20 minutes; during quiet chop they tighten, so you still catch real extremes.
The trend filter checks a daily EMA by default — it will block sell signals while the daily trend is up, and block buy signals while the daily trend is down. This is the setting most responsible for avoiding "buying a dip that's actually the start of a crash."
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.