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  • Mi Scrip NR 1

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    Estrella
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    This document defines a trading indicator called SHEGO 1.0 that analyzes a security and plots horizontal lines and arrows to identify reversal signals. It calculates 30-period and 15-period simple moving averages and bands around those averages. Arrows are plotted above the bar if the open is above the high band and the close is below, indicating a sell signal. Arrows are plotted below the bar if the open is below the low band and the close is above, indicating a buy signal.

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    MI SCRIP NR 1

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    This document defines a trading indicator called SHEGO 1.0 that analyzes a security and plots horizontal lines and arrows to identify reversal signals. It calculates 30-period and 15-period simple moving averages and bands around those averages. Arrows are plotted above the bar if the open is above the high band and the close is below, indicating a sell signal. Arrows are plotted below the bar if the open is below the low band and the close is above, indicating a buy signal.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    6 views1 page

    Mi Scrip NR 1

    Uploaded by

    Estrella
    This document defines a trading indicator called SHEGO 1.0 that analyzes a security and plots horizontal lines and arrows to identify reversal signals. It calculates 30-period and 15-period simple moving averages and bands around those averages. Arrows are plotted above the bar if the open is above the high band and the close is below, indicating a sell signal. Arrows are plotted below the bar if the open is below the low band and the close is above, indicating a buy signal.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    instrument { name = "SHEGO 1.

    0", icon="indicator", overlay = true }

    input_group {
    "COMPRA CTMR",
    comprar_color = input {default = "green", type = input.color}
    }

    input_group {
    "VENDE MRD",
    vender_color = input {default = "red", type = input.color}
    }

    sec = security (current_ticker_id, "1m")

    if sec and sec.open_time == open_time then

    base = sma(open, '30')


    high_band = base + (stdev(open, 30) * 2)
    low_band = base - (stdev(open, 30) * 2)
    media = sma(open, '15')
    up_band = media + (stdev(close, 15) * 2)
    down_band = media - (stdev(close, 15) * 2)

    --REVERSAO

    hline(high_band, "HH10", "red", 1)


    hline(low_band, "HH20", "green", 1)
    hline(up_band, "HH30", "red", 1)
    hline(down_band, "HH40", "green", 1)

    plot_shape((open > high_band and close < high_band),


    "SHEGO VENDE",
    shape_style.arrowdown,
    shape_size.huge,
    vender_color,
    shape_location.abovebar,
    0,
    "SHEGO VENDE",
    vender_color)

    plot_shape((open < low_band and close > low_band),


    "SHEGO COMPRA",
    shape_style.arrowup,
    shape_size.huge,
    comprar_color,
    shape_location.belowbar,
    0,
    "SHEGO COMPRA",
    comprar_color)
    end

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