OPEN-SOURCE SCRIPT
[blackcat] L2 Dragon Cloud
Level 2
Background
In addition to characterizing the trend through the special parameter SAR, this dragon cloud indicator also indicates that it is currently in the corresponding stage of the bull and bear market through the cloud layer of the large parameter.
Function
The SAR indicator characterizes short-term trend changes and provides swing buying and selling points. Red crosses and candles represent declines and their strength; green crosses and candles represent rises and their strength. At the same time, this technical indicator can judge which stage the market is currently in through the thickness of the bear cloud and the thickness of the bull cloud. When the blue cloud layer on the main picture is relatively thick, it means that it is in a deep bear market; as the blue cloud becomes thinner, and the red cloud is edited, it means that the bull-bear power game is in the process of transformation. The red cloud indicates the strength of doing more, and when its thickness is greater than the blue cloud, it means that the bull market is coming!
Remarks
Feedbacks are appreciated.
Background
In addition to characterizing the trend through the special parameter SAR, this dragon cloud indicator also indicates that it is currently in the corresponding stage of the bull and bear market through the cloud layer of the large parameter.
Function
The SAR indicator characterizes short-term trend changes and provides swing buying and selling points. Red crosses and candles represent declines and their strength; green crosses and candles represent rises and their strength. At the same time, this technical indicator can judge which stage the market is currently in through the thickness of the bear cloud and the thickness of the bull cloud. When the blue cloud layer on the main picture is relatively thick, it means that it is in a deep bear market; as the blue cloud becomes thinner, and the red cloud is edited, it means that the bull-bear power game is in the process of transformation. The red cloud indicates the strength of doing more, and when its thickness is greater than the blue cloud, it means that the bull market is coming!
Remarks
Feedbacks are appreciated.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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