Get started
diegogasparm

Magical M v1

diegogasparm Updated   
Oscillators Centered Oscillators Volatility Trend Analysis Candlestick Analysis
29
26
oscillator centeredoscillator volatility trendanalysis candlestick
Adjustable for trading style, from scalps to swing trading i would pair it with rsi.
some time frames have to be "calibrated" but default settings work fine for most.
snapshot
Release Notes:
snapshot
Added control for moving averages example shows multiple day trading with adjusted values (check with historic data for adjustment)
note that according to above chart we would still be holding from bottom
ill add a strategy for next version
Release Notes:
now updated with better default values and better selling indicators
snapshot
Release Notes:
snapshot
beauty changes and less buy biased
Release Notes:
snapshot
snapshot

More fixes and now with custom candle indicators
Release Notes:
Continuation of the Magic M indicator with strategy (commented out on this indicator)....bunch of changes for this update including bull/bear trap prevention. new strategy (needs alot of work) still better if you eyeball it (have not implemented bear markets correctly).
have also added dark mode friendliness !
snapshot
snapshot
More examples
snapshot
even more
snapshot
considerable amount of repainting prevention/checking
snapshot
Release Notes:
Code cleanup update! yay!
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact diegogasparm for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Want to use this script on a chart?

Warning: please read before requesting access.