Downloading...
INVITE-ONLY SCRIPT
Updated

Magical M v1

1 559
Adjustable for trading style, from scalps to swing trading i would pair it with rsi.
some time frames have to be "calibrated" but default settings work fine for most.
snapshot
Release Notes
snapshot
Added control for moving averages example shows multiple day trading with adjusted values (check with historic data for adjustment)
note that according to above chart we would still be holding from bottom
ill add a strategy for next version
Release Notes
now updated with better default values and better selling indicators
snapshot
Release Notes
snapshot
beauty changes and less buy biased
Release Notes

snapshot
snapshot

More fixes and now with custom candle indicators
Release Notes
Continuation of the Magic M indicator with strategy (commented out on this indicator)....bunch of changes for this update including bull/bear trap prevention. new strategy (needs alot of work) still better if you eyeball it (have not implemented bear markets correctly).
have also added dark mode friendliness !
snapshot
snapshot
More examples
snapshot
even more
snapshot
considerable amount of repainting prevention/checking
snapshot
Release Notes
Code cleanup update! yay!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.