INVITE-ONLY SCRIPT

Jackrabbit.modulus.RangeHunter

Actualizado
Range Hunter is a unique module that offers a wide range of trading potentials and paradigms for the Jackrabbit suite.

Range Hunter works by finding the highest boundary and the lowest boundary of a time frame. From there, it creates a median by which the market should fluctuate as signs of its health. When the price stays in the upper/lower ranges for too long, the market is considered "unhealthy". Price action should cycle around the median routinele for a healthy market.

From the upper range to the lower range is divided into 10% segments.

There are five segments above the median where price action is considered over valued or oversold.

There are five segments below the median where price action is considered undervalued or oversold.

Buying and selling is divided into 10 boundaries. The 10th boundary for purchasing starts at the lowest range and goes downwards as price climbs. The 10th boundary for selling is where the price is the highest range and goes downwards as price drops.

Buys take place when price action drops bwelow and the climbs above the desire boundary. Sells behave the exact opposite.

The user can configure the boundary that buying and selling takes place independently and supports all elements/settings of the Jackrabbit modulus framework except confirmation bias. If confirmation bias is desired then this module needs to be loaded twice.

The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis.
Notas de prensa
Added ability to ignore all time high/low on chart.
Breadth IndicatorsioijackrabbitpriceactionrangesTrend AnalysisVolatility

Script que requiere invitación

El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Para obtener más información, póngase en contacto con RobertD7723 o siga las siguientes instrucciones del autor.

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Instrucciones del autor

This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.

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