OPEN-SOURCE SCRIPT
업데이트됨 Smart Money Flow Signals [QuantAlgo] -Add-on Pivot Turns
This is an improvement to the original QuantAlgo code designed to detect major pivot points more clearly and make trade entries and exits easier to identify. The goal is to use vertical lines to highlight potential trend reversal zones based on the oscillator’s structure and confirmed pivot behavior.
Reversal logic
If the oscillator is high and a red vertical line appears, it signals a high risk of a trend reversal toward a bearish move.
If the oscillator is low and a green vertical line appears, it signals a high risk of a trend reversal toward a bullish move.
Meaning of the vertical lines
The vertical lines represent likely trend reversal points detected from important oscillator pivots.
In short, they are visual markers meant to help the user spot when momentum is weakening and the market may be preparing to turn in the opposite direction.
Short version
This upgraded QuantAlgo script is built to detect important pivot points in the oscillator so traders can identify better entry and exit zones. Red vertical lines suggest possible bearish reversals from elevated oscillator levels, while green vertical lines suggest possible bullish reversals from depressed oscillator levels.
Natural phrasing
Have fun with it — the idea is simple: the vertical lines mark potential turning points in trend direction, helping the indicator act as a practical reversal-reading tool rather than just a raw oscillator.
Explication francaise
Amélioration du code de QuantAlgo afin de détecter les points de pivot important pour faciliter les entrées/sorties
Si l'oscillateur est élevé + lignes verticale rouge = Risque élevé de revirement de tendance vers une tendance baissiere
Si l'oscillateur est bas + lignes verticale verte = Risque élevé de revirement de tendance vers une tendance haussiere
Bref, les lignes verticales représentent les revirement de tendance.
Have fun!
Reversal logic
If the oscillator is high and a red vertical line appears, it signals a high risk of a trend reversal toward a bearish move.
If the oscillator is low and a green vertical line appears, it signals a high risk of a trend reversal toward a bullish move.
Meaning of the vertical lines
The vertical lines represent likely trend reversal points detected from important oscillator pivots.
In short, they are visual markers meant to help the user spot when momentum is weakening and the market may be preparing to turn in the opposite direction.
Short version
This upgraded QuantAlgo script is built to detect important pivot points in the oscillator so traders can identify better entry and exit zones. Red vertical lines suggest possible bearish reversals from elevated oscillator levels, while green vertical lines suggest possible bullish reversals from depressed oscillator levels.
Natural phrasing
Have fun with it — the idea is simple: the vertical lines mark potential turning points in trend direction, helping the indicator act as a practical reversal-reading tool rather than just a raw oscillator.
Explication francaise
Amélioration du code de QuantAlgo afin de détecter les points de pivot important pour faciliter les entrées/sorties
Si l'oscillateur est élevé + lignes verticale rouge = Risque élevé de revirement de tendance vers une tendance baissiere
Si l'oscillateur est bas + lignes verticale verte = Risque élevé de revirement de tendance vers une tendance haussiere
Bref, les lignes verticales représentent les revirement de tendance.
Have fun!
릴리즈 노트
Code improved!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.