OPEN-SOURCE SCRIPT

Fearzone (Expo) - Contrarian Indicator

Actualizado
"Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffett. Fearzone is a contrarian indicator that gives us an indication when fear begins to take over in the market. Traders should be prepared for increased volatility and good trading opportunities.

The Fearzone is visualized with red candlesticks below the price.


This version of the FearZone indicator is slightly different from the one ©kruskakli has published.


HOW TO USE

1. Use the indicator to identify when investors are fearful.
2. Use the indicator to identify potential reversal points.


INDICATOR IN ACTION

1 hour chart

imagen


5 min chart

imagen


I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!


-----------------
Disclaimer


Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.


My scripts/indicators/ideas are only for educational purposes!
Notas de prensa
Alerts added.

Best
Zeiierman
Notas de prensa
Improvements!

  • Improved computing performances
  • Minor changes

Notas de prensa
  • Minor Changes
Notas de prensa
Improvements!

  • Copyright update
  • Minor Changes

Notas de prensa
Performance Improvements!
contrarianfear-indicatorreversalpointTrend AnalysisVolatilityzeiierman

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.

¿Quiere utilizar este script en un gráfico?

Exención de responsabilidad