OPEN-SOURCE SCRIPT
Updated RallySeason
"RallySeason" indicator display the time of the rally from the relations of three moving average lines.
Red means a drop rally, a rise rally green.
I adjust the parameters to function with a foot in the stock market, DJI, S&P500 , Nasdaq, Nikkei225..., for 30 minutes char or 1 hour chart.
Red means a drop rally, a rise rally green.
I adjust the parameters to function with a foot in the stock market, DJI, S&P500 , Nasdaq, Nikkei225..., for 30 minutes char or 1 hour chart.
Release Notes
To reduct signal noise, change the parameteres.This version tuned for month / week / day / 4 hours / 1hours period chart, Stocks and Comodities.
Release Notes
I tuned parameters more.So the indicator sigal work very nice.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.