OPEN-SOURCE SCRIPT
Qing LRC + S/R + EMA (Trend Cross Logic)
The Strategy Concept
The Qing LRC + S/R + EMA strategy is designed to find "Gold Chances" where price is undervalued relative to its current trend. Instead of chasing breakouts, this logic looks for price to touch the lower boundaries of a statistical corridor (LRC) or horizontal support levels, provided the overall trend (LRC Upper vs. EMA 20) remains intact.
Key Technical Components
LRC vs. EMA 20 Trend Logic: A unique trend filter. When the LRC Upper Channel is above the EMA 20, the market is considered "Bullish." This is visually represented by a dynamic green background fill.
Linear Regression Value Zones: The script plots an upper and lower channel based on price standard deviation. It looks for "reversion to the mean" opportunities when price hits the lower red channel.
Pivot S/R Confirmation: Automatically identifies and plots significant Pivot Highs (Resistance) and Pivot Lows (Support). Entry signals are strengthened when price hits the Lower LRC Channel and a Support level simultaneously.
Trend Weakness Exit: Unlike fixed targets, the script monitors trend health. If the LRC Lower Channel crosses below the EMA 20, it signals a potential trend shift, triggering an early exit to protect capital.
How to Trade
Identify the Bias: Ensure the background is Green (LRC Upper > EMA 20), indicating a healthy upward bias.
The Entry (Value Zone): Look for a "Long" entry when the price dips to touch either the Red Lower Channel or a marked "S" (Support) label.
The Exit (Statistical Extreme): The primary target is the Blue Upper Channel. If the trend weakens (LRC Lower crosses EMA 20), the strategy closes the position to avoid major drawdowns.
The Qing LRC + S/R + EMA strategy is designed to find "Gold Chances" where price is undervalued relative to its current trend. Instead of chasing breakouts, this logic looks for price to touch the lower boundaries of a statistical corridor (LRC) or horizontal support levels, provided the overall trend (LRC Upper vs. EMA 20) remains intact.
Key Technical Components
LRC vs. EMA 20 Trend Logic: A unique trend filter. When the LRC Upper Channel is above the EMA 20, the market is considered "Bullish." This is visually represented by a dynamic green background fill.
Linear Regression Value Zones: The script plots an upper and lower channel based on price standard deviation. It looks for "reversion to the mean" opportunities when price hits the lower red channel.
Pivot S/R Confirmation: Automatically identifies and plots significant Pivot Highs (Resistance) and Pivot Lows (Support). Entry signals are strengthened when price hits the Lower LRC Channel and a Support level simultaneously.
Trend Weakness Exit: Unlike fixed targets, the script monitors trend health. If the LRC Lower Channel crosses below the EMA 20, it signals a potential trend shift, triggering an early exit to protect capital.
How to Trade
Identify the Bias: Ensure the background is Green (LRC Upper > EMA 20), indicating a healthy upward bias.
The Entry (Value Zone): Look for a "Long" entry when the price dips to touch either the Red Lower Channel or a marked "S" (Support) label.
The Exit (Statistical Extreme): The primary target is the Blue Upper Channel. If the trend weakens (LRC Lower crosses EMA 20), the strategy closes the position to avoid major drawdowns.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.