OPEN-SOURCE SCRIPT
Greer BuyZone tool
Güncellendi
Greer BuyZone Tool
Description:
The Greer BuyZone Tool is a custom Pine Script indicator designed to help identify potential long-term investment opportunities by marking BuyZones on the chart. This tool utilizes the Aroon indicator in combination with Fibonacci numbers to define periods where the asset might be a good candidate for dollar-cost averaging.
Features:
BuyZone Detection: The script identifies and marks the beginning and end of a BuyZone with vertical lines and labels.
Visual Markers: A red vertical line and label indicate the start of a BuyZone, while a green vertical line and label mark the end of a BuyZone.
Aroon Indicator Calculation: Utilizes the Aroon indicator with a Fibonacci length (233) to determine key price levels.
How to Use:
Setup: Add the Greer BuyZone Tool to your TradingView chart. It will display vertical lines and labels marking the BuyZone periods.
BuyZone Identification: Use the red lines and labels ("BZ Begins ->>") to identify the start of a BuyZone, and the green lines and labels ("<<- BZ Ends") to determine when the BuyZone ends.
Long-Term Investment: This tool is intended for long-term investing and dollar-cost averaging strategies, not for day trading.
Disclaimer:
This script is provided for informational purposes only and is not intended as financial advice. The Greer BuyZone Tool is designed to assist in identifying potential long-term investment opportunities and is not suitable for day trading. The use of this tool involves risk, and there is no guarantee of profitability. Users are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions. The creator of this script assumes no liability for any losses or damages resulting from the use of this indicator.
Author: Sean Lee Greer
Date: 9/1/2024
Description:
The Greer BuyZone Tool is a custom Pine Script indicator designed to help identify potential long-term investment opportunities by marking BuyZones on the chart. This tool utilizes the Aroon indicator in combination with Fibonacci numbers to define periods where the asset might be a good candidate for dollar-cost averaging.
Features:
BuyZone Detection: The script identifies and marks the beginning and end of a BuyZone with vertical lines and labels.
Visual Markers: A red vertical line and label indicate the start of a BuyZone, while a green vertical line and label mark the end of a BuyZone.
Aroon Indicator Calculation: Utilizes the Aroon indicator with a Fibonacci length (233) to determine key price levels.
How to Use:
Setup: Add the Greer BuyZone Tool to your TradingView chart. It will display vertical lines and labels marking the BuyZone periods.
BuyZone Identification: Use the red lines and labels ("BZ Begins ->>") to identify the start of a BuyZone, and the green lines and labels ("<<- BZ Ends") to determine when the BuyZone ends.
Long-Term Investment: This tool is intended for long-term investing and dollar-cost averaging strategies, not for day trading.
Disclaimer:
This script is provided for informational purposes only and is not intended as financial advice. The Greer BuyZone Tool is designed to assist in identifying potential long-term investment opportunities and is not suitable for day trading. The use of this tool involves risk, and there is no guarantee of profitability. Users are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions. The creator of this script assumes no liability for any losses or damages resulting from the use of this indicator.
Author: Sean Lee Greer
Date: 9/1/2024
Sürüm Notları
Release v2 "Clean Up"Cleaning up options so the vertical lines are removed by default but can be added if you like
Also, changed the text size so it's easier to read
Sürüm Notları
// Release Notes 9/29/24 "Adjust the text to display BuyZone Begins below the price bar"// This is make it easier to read
Sürüm Notları
// Release Notes 9/30/24 "Adding Zone Box to make it easier to identify the BuyZone period"// Also, added the option to turn off/on the text label
Sürüm Notları
Update with the correct chartSürüm Notları
Release Notes:10/3/24: Added alert functionality to notify users when a BuyZone starts or ends. Also refined the script's comments and description for better clarity.
Sürüm Notları
Release Notes:12/17/24: Adjusted the BuyZone Box to only show a red zone (a.k.a BuyZone) for better visualization
Added a green zone to show potential exit points (a.k.a SellZone)
Sürüm Notları
Release Notes: 12/17/24updated chart to clean version
Sürüm Notları
12/17/24: Fixed text from BZ Begins ->> to just BuyZoneAçık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının yazarı komut dosyasını açık kaynak olarak yayınlamıştır, böylece yatırımcılar betiği anlayabilir ve doğrulayabilir. Yazar çok yaşa! Ücretsiz olarak kullanabilirsiniz, ancak bu kodun yayında yeniden kullanımı Ev kurallarına tabidir. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
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.