PROTECTED SOURCE SCRIPT
Actualizado Kitsune's Long/Short Support v1.0.0
After reviewing all feedback and questions I got from the users of my previously published script (Kitsune Indicator Collection), I decided to publish a new one which is easier to interpret and use. Therefore the script is as clean as possible thereby minimizing visual clutter (or at least I tried ).
This script is an evolution of my precious script and is still a combination of the following items:
- High-Low detector
- Parabolic SAR (Stop and Reversal) setups and triggers
- Ehlers Instantaneous Trendline (EIT) indicator
- Range detector
- Support and Resistance detector
- Daily/Weekly/Monthly open visualization
The script uses the SAR and EIT to detect long/short signals.
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A signal is decided to be STRONG when SAR trigger coincides with trend reversal of the EIT.
A STRONG long signal is painted (i.e. blue label with L+) when:
- SAR long trigger (blue arrow) coincides with an EIT crossover (blue line crosses over the red line).
A STRONG short signal is painted (i.e. red label with S+) when:
- SAR short trigger (red arrow) coincides with an EIT cross-under (blue line crosses under red line).
A STRONG signal will always result in entering (if not in any position) or flipping a long/short position.
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A signal is decided to be WEAK when not in a long or short position and a SAR trigger appears.
A WEAK long signal is painted (i.e. blue label with L-) when:
- Not in a position (gray bars) and a SAR long trigger (blue arrow) appears but not coinciding with an EIT crossover.
A WEAK short signal is painted (i.e. red label with S-) when:
- Not in a position (gray bars) and a SAR short trigger (red arrow) appears but not coinciding with an EIT cross-under.
A WEAK signal will only result in a long/short position when not in any position.
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A long/short position is exited on a trend reversal of the EIT.
A short position is exited (i.e. red x-cross) when:
- A crossover of the EIT happens (blue line crosses over the red line).
A long position is exited (i.e. blue x-cross) when:
- A cross-under of the EIT happens (blue line crosses under the red line).
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Color of the bars are depend on position type:
- Blue = Long position
- Red = Short position
- Gray = No position
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Enjoy using the script. I hope it is of value to you!
If you have any questions, don't hesitate to contact me.
With kind regards,
Kitsune (L3F03X)
This script is an evolution of my precious script and is still a combination of the following items:
- High-Low detector
- Parabolic SAR (Stop and Reversal) setups and triggers
- Ehlers Instantaneous Trendline (EIT) indicator
- Range detector
- Support and Resistance detector
- Daily/Weekly/Monthly open visualization
The script uses the SAR and EIT to detect long/short signals.
-----------------------------------------------------------------------------------------------------------------------------------------------
A signal is decided to be STRONG when SAR trigger coincides with trend reversal of the EIT.
A STRONG long signal is painted (i.e. blue label with L+) when:
- SAR long trigger (blue arrow) coincides with an EIT crossover (blue line crosses over the red line).
A STRONG short signal is painted (i.e. red label with S+) when:
- SAR short trigger (red arrow) coincides with an EIT cross-under (blue line crosses under red line).
A STRONG signal will always result in entering (if not in any position) or flipping a long/short position.
-----------------------------------------------------------------------------------------------------------------------------------------------
A signal is decided to be WEAK when not in a long or short position and a SAR trigger appears.
A WEAK long signal is painted (i.e. blue label with L-) when:
- Not in a position (gray bars) and a SAR long trigger (blue arrow) appears but not coinciding with an EIT crossover.
A WEAK short signal is painted (i.e. red label with S-) when:
- Not in a position (gray bars) and a SAR short trigger (red arrow) appears but not coinciding with an EIT cross-under.
A WEAK signal will only result in a long/short position when not in any position.
-----------------------------------------------------------------------------------------------------------------------------------------------
A long/short position is exited on a trend reversal of the EIT.
A short position is exited (i.e. red x-cross) when:
- A crossover of the EIT happens (blue line crosses over the red line).
A long position is exited (i.e. blue x-cross) when:
- A cross-under of the EIT happens (blue line crosses under the red line).
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Color of the bars are depend on position type:
- Blue = Long position
- Red = Short position
- Gray = No position
-----------------------------------------------------------------------------------------------------------------------------------------------
Enjoy using the script. I hope it is of value to you!
If you have any questions, don't hesitate to contact me.
With kind regards,
Kitsune (L3F03X)
Notas de prensa
Fixed sudden Pine Script error : "Pine cannot determine the referencing length of a series. Try using max_bars_back in the study or strategy function".Notas de prensa
Upgraded script to v 1.2.0---------------------------------------
Enabled turning on/off all visual elements
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.