MR. ROBOT v.1.0.0
This script consists of a logical blend of TD Sequental, MACD and Stochastic RSI based on the Supertrend function. In addition, these indicators use the golden proportional point of each candle as a source.
The exclamations on the signal indicating signs express the strength of the signal and consist of four levels;
! : Weak level signal
!! : Partial level signal
!!! : Medium signal
!!!! : High level signal
The fact that these interjections refer to four different levels is related to the programmatic consideration of four different indicators and functions. Since the script is based on four different indicators
basically, the exclamation numbers of the signals are related to how many indicators are signaling at the same time. However, it does not always overlap. For example, when 3 indicators signal at the same time, 3 exclamation points may not appear on the signal sign. This is because the script also takes into account special bar algorithms.
The only setting that you can intervene on the script - for now - is the multiplier and length values of the supertrend function. Changing these settings changes the signal strengths and frequencies. The script is based on the supertrend function alone, it is the ability to follow the trend after the signals given by the internal indicators. This situation decreases the rate of false signals and frequent signals in internal indicators.
This script or its author is not responsible in any way for any profits or losses arising from transactions. Does not contain investment advice.
The exclamations on the signal indicating signs express the strength of the signal and consist of four levels;
! : Weak level signal
!! : Partial level signal
!!! : Medium signal
!!!! : High level signal
The fact that these interjections refer to four different levels is related to the programmatic consideration of four different indicators and functions. Since the script is based on four different indicators
basically, the exclamation numbers of the signals are related to how many indicators are signaling at the same time. However, it does not always overlap. For example, when 3 indicators signal at the same time, 3 exclamation points may not appear on the signal sign. This is because the script also takes into account special bar algorithms.
The only setting that you can intervene on the script - for now - is the multiplier and length values of the supertrend function. Changing these settings changes the signal strengths and frequencies. The script is based on the supertrend function alone, it is the ability to follow the trend after the signals given by the internal indicators. This situation decreases the rate of false signals and frequent signals in internal indicators.
This script or its author is not responsible in any way for any profits or losses arising from transactions. Does not contain investment advice.