OPEN-SOURCE SCRIPT
FxShare - CC Reversal
Based on candle count and reverse.
You can set how many candles (and their body shape) you count in a row before the retracement and market overstretch happens. It also has an EMA filter if you wish for even stronger but more rare signals. Nothing but classic statistics and probabilities..
You can set how many candles (and their body shape) you count in a row before the retracement and market overstretch happens. It also has an EMA filter if you wish for even stronger but more rare signals. Nothing but classic statistics and probabilities..
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.