OPEN-SOURCE SCRIPT
Death To The Bear
Updated
Are you a bear ? RUN!! RUN!! Your life is short here!
Dear friends, I bring you this indicator that you will like, no complexity, just buy signals.
We will try to find possible turning areas, and you will have 6 weapons to use.
Look at the simple configuration:
- BOMB
- KNIFE
- DYNAMITE
- DAGGER
- GUN
- CHEMICAL
- Minimum Level
let's start...
BOMB = high probability of turning
strong bearish trend bombs? it doesn't matter .. does it reach you a 3: 1 ratio? You can make a quick play.
KNIFE = a little more confirmation and excellent weapon to average positions
DYNAMITE = excellent weapon to massively dynamite low areas and also solitary dynamites
DAGGER = excellent weapon to average price
GUN = good shots for patient people who want to average price and look for a more extensive movement
CHEMICAL = I really like this to average the price while I have a nice drink
Minimum Level = you can modify this variable, negative values look for more depth in the market but you will have less signals, positive values look for less depth in the market but you will have more signals, by default = 0
Very simple, without complications!!
aaaa .... but can I activate several weapons at once? of course BOOOOOOMMMM .... poor bears !!!
Anything else? Yes of course....
- All alerts ready to use
LISTEN TO ME ... ADD THE INDICATOR, TAKE YOUR TIME, TEST DIFFERENT CONFIGURATIONS, TEST DIFFERENT TIME FRAMES, TEST DIFFERENT ACTIVE, SEARCH AND FIND, PATIENCE ...... OK READY?
WE WILL MAKE MONEY AND KILL OUR DEAR BEARS!
APPLY A GOOD RISK MANAGEMENT.
NOTE: GOOD INSTRUMENT DATA WITH REAL VOLUME IS REQUIRED
thumbs up!!!!
Dear friends, I bring you this indicator that you will like, no complexity, just buy signals.
We will try to find possible turning areas, and you will have 6 weapons to use.
Look at the simple configuration:
- BOMB
- KNIFE
- DYNAMITE
- DAGGER
- GUN
- CHEMICAL
- Minimum Level
let's start...
BOMB = high probability of turning
strong bearish trend bombs? it doesn't matter .. does it reach you a 3: 1 ratio? You can make a quick play.
KNIFE = a little more confirmation and excellent weapon to average positions
DYNAMITE = excellent weapon to massively dynamite low areas and also solitary dynamites
DAGGER = excellent weapon to average price
GUN = good shots for patient people who want to average price and look for a more extensive movement
CHEMICAL = I really like this to average the price while I have a nice drink
Minimum Level = you can modify this variable, negative values look for more depth in the market but you will have less signals, positive values look for less depth in the market but you will have more signals, by default = 0
Very simple, without complications!!
aaaa .... but can I activate several weapons at once? of course BOOOOOOMMMM .... poor bears !!!
Anything else? Yes of course....
- All alerts ready to use
LISTEN TO ME ... ADD THE INDICATOR, TAKE YOUR TIME, TEST DIFFERENT CONFIGURATIONS, TEST DIFFERENT TIME FRAMES, TEST DIFFERENT ACTIVE, SEARCH AND FIND, PATIENCE ...... OK READY?
WE WILL MAKE MONEY AND KILL OUR DEAR BEARS!
APPLY A GOOD RISK MANAGEMENT.
NOTE: GOOD INSTRUMENT DATA WITH REAL VOLUME IS REQUIRED
thumbs up!!!!
Release Notes
At the request of some people who cannot see the EMOJI from configuration, they can enable the TEXT display of the weaponOpen-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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.