Based on Rob Smith's Quant Edge CL = Continuation Long e.g. 2up 1inside 2up RL = Reversal Long (Rev Strat) e.g. 2down 1inside 2up
CS = Continuation Short RL = Reverse Long (Rev Strat)
Most of the signals have the combinations like 2-1-2,3-1-2,etc written beside CL/RL/CS/RL except for the continuation 2-2 long and short signals. Those i have them set as a purple triangle up or down without a text.
Signals do not wait for the candle close. They show up as soon as the current/signal candle goes over or under the previous candle.
You can set signals for any long, any short or only the reversals or inside out signals.
I have tried to make this as custom as possible. You can set custom colors and choose which signals to display or hide.
Disclaimer: This is not the full system. Use this indicator at your own risk. I advise you to learn TheStrat from Rob Smith. I may be missing some combinations or have something wrong. I encourage you to let me know if there is something missing or something I can improve upon. I am neither an expert in Pine Script or TheStrat but I'll do my best to accommodate any requests.
Phát hành các Ghi chú
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Bug Fixes to the 312 signal. Added automatic formations. These are experimental. Do not trade them blindly. Just like a lot of other stuff in this indicator, you can turn them on/off in the settings.
Thanks again for your work on this, I use it every day!
GreatStockMark
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Nice work.. Is there any way to switch off the long 0.00 & n/a values shown next to the indicator name..
SilentJatt
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@GreatStockMarketer, Thanks! yes. Go to tradingview "Chart settings". Go to "Status Line". Uncheck "Indicator Values"
GreatStockMark
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@SilentJatt, Great! I am able to see the information clearly. Thanks a lot for publishing the script
SSolanki72
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Really neat indicator, could you please clarify what the blue circles represent? Many thanks!
SilentJatt
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@SSolanki72, Thanks! I think you might be referring to the purple triangles? If so, they are the continuation signals like 2up followed by a 2up or 2down followed by a 2down.