rubend18

Sharay

rubend18 Updated   
Sharay indicator

The Sharay indicator is a trading tool based on the analysis of consecutive candles. The signals to generate alerts can also be a sign of support and resistance.

The indicator has the visualization of the classic bluesky indicator and it can clearly identify the direction of a trend or market momentum.

The signals produced help traders find the most optimal entry and exit points for their operations.

Configurations

  • The length of consecutive candles in a range of 2 to 5
  • Show the previous origin of a signal in the form of support
  • Show parabolic SAR

Release Notes:
Improved algorithm
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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