OPEN-SOURCE SCRIPT
Actualizado Cappuccino Indicator

This is a indicator I built on the basis of RSI and price action.
It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell.
it works as follows:
- the current RSI value is calculated back to a estiamated market price
- shoutout to some developers who made some functions possible, this was a long work, I cannot find Your sources anymore, I'm sorry. Text me I will publish Your credits. You are awesome and I respect Your work.
- The principle is simple. as suggested by RSI Rookies the market is bullish when in certain RSI Levels, and bearish when in other
- This indicator also combines some trend channels for easier spotting good entries
- The Cappuccino Indicator tries to keep you in a trade as long as possible
- It uses ATR based Trailing SL for you to not get rekt
- It is just a piece of software, You're trading on Your own risk
Have fun.
It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell.
it works as follows:
- the current RSI value is calculated back to a estiamated market price
- shoutout to some developers who made some functions possible, this was a long work, I cannot find Your sources anymore, I'm sorry. Text me I will publish Your credits. You are awesome and I respect Your work.
- The principle is simple. as suggested by RSI Rookies the market is bullish when in certain RSI Levels, and bearish when in other
- This indicator also combines some trend channels for easier spotting good entries
- The Cappuccino Indicator tries to keep you in a trade as long as possible
- It uses ATR based Trailing SL for you to not get rekt
- It is just a piece of software, You're trading on Your own risk
Have fun.
Notas de prensa
- Translated to English
- Enabled all hidden options
- Automatic Asset Decimals Detection
- Grouped Options with new Pine Script Feature
- Fixed deprecated "transp"
Notas de prensa
- Set EMA Settings to more useful defaults
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
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 de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
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.