PROTECTED SOURCE SCRIPT
Sharay
Updated
Sharay indicator
The Sharay indicator is a trading tool based on the analysis of consecutive candles. The signals to generate alerts can also be a sign of support and resistance.
The indicator has the visualization of the classic bluesky indicator and it can clearly identify the direction of a trend or market momentum.
The signals produced help traders find the most optimal entry and exit points for their operations.
Configurations
The Sharay indicator is a trading tool based on the analysis of consecutive candles. The signals to generate alerts can also be a sign of support and resistance.
The indicator has the visualization of the classic bluesky indicator and it can clearly identify the direction of a trend or market momentum.
The signals produced help traders find the most optimal entry and exit points for their operations.
Configurations
- The length of consecutive candles in a range of 2 to 5
- Show the previous origin of a signal in the form of support
- Show parabolic SAR
Release Notes
Improved algorithm
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.