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Six Sigma Enhanced

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This script is a study of the Two Six Sigma patterns explored in the December 2018 issue of Technical Analysis of Stocks & Commodities (Stocks & Commodities V. 36:12 (8–12): Identifying High-Probability Buy Signals by François Picard, MS , & Edmond Miresco, PhD )

Signal 1 - 9 Closes Under MA

The first (Signal #1 or S1 on the chart) indicates 9 consecutive closes below the 20-period moving average. In the study, the authors used a simple moving average however I have modified it to use a MA to account for price distribution

Signal 2 - 6 Lower Closes and 9 Closes Under MA

The second signal (Signal #2 or S2 on the chart) indicates six consecutive periods where the close value is lower than the previous close and Signal 1.


Filter Signal Code provided by tradingview.com/u/AllTradeSignals/
Sürüm Notları
SMA is used to calculate plot line
Sürüm Notları
migrated to v5

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.