OPEN-SOURCE SCRIPT
Advanced Regime Detector (MTF Pro)
Regime detector based on DEMA 50 4H, Momentum (Current Time Frame), Volatility (ATR) (Daily Chart), Trend Strength (ADX)
Recommendation: Only trade green if 3 or 4 out of 4 indicators are positive
Suitable only for long swing strategies
Recommendation: Only trade green if 3 or 4 out of 4 indicators are positive
Suitable only for long swing strategies
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.