OPEN-SOURCE SCRIPT
מעודכן

Secretariat

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This is a script used in a strategy called the secretariat taught in the courses offered by Michael Toma ( I won't mention the business names here to comply with house rules for open publication).

Its intended as a tool to keep you out of chop and get you in pretty early in a trend.

The indicator uses a fast and a slow moving average as filter. When it sees the highest high or lowest low in the last 50 (configurable) bars, it notes a potential trade, then when there is a pull back into the moving averages, an entry can be considered. Michael is happy for me to share this indicator, and its up to you to discover a way to use it as a strategy.

Blue dots are highest high in the lookback period, red the lowest low in that period. The green triangles suggest a possible sell entry and the red a possible buy.

None of the signals provided are watertight magic promises of a successful trade, just an opportunity for you to consider an entry in accordance with your own rules, filters and risk etc.
Enjoy!
הערות שחרור
Added alert conditions
הערות שחרור
Typo fix

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.