INVITE-ONLY SCRIPT
Shenlong V2.3 - Trend cycle
Updated
Shenlong V2 is a script developed to facilitate the interpretation of long and short entries according to various conditionals that play with the trend.
The use of trend clouds has been implemented, which can be used as dynamic support / resistance . They also allow us to identify the current price cycle according to these guidelines, marking with a LONG or SHORT depending on the cycle in question. The appearance settings are user configurable. You can set alerts (long o short) to be aware of movements.
The use of recommended stop loss has been implemented, this can be used as a trailing stop to ensure profits or give the possibility of catching the trend, since it will move as the price forms its structure.
An information panel on stop prices has been implemented for ease of use.
The use of trend clouds has been implemented, which can be used as dynamic support / resistance . They also allow us to identify the current price cycle according to these guidelines, marking with a LONG or SHORT depending on the cycle in question. The appearance settings are user configurable. You can set alerts (long o short) to be aware of movements.
The use of recommended stop loss has been implemented, this can be used as a trailing stop to ensure profits or give the possibility of catching the trend, since it will move as the price forms its structure.
An information panel on stop prices has been implemented for ease of use.
Release Notes
Corrección de errores para el uso en activos con valor menor a 1.Release Notes
Ajuste en la selección de stop y target. Actualización para activos de decimales.Release Notes
Update to version 5.0Release Notes
- Bug fixes for stock market assets with values that have many decimal places.
- New ShenView Panel! It provides an overview of the dragon across multiple time frames.
- Added more ink to the long/short labels, as requested.
- New option in settings to adjust the size of the labels.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact ButterologyTeam for more information, or follow the author's instructions below.
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Author's instructions
″"When you're at the right time in the market, money flows like butter..."
Development, suggestions and access to indicators:
💌 Telegram
@ButterologyTeam
Want to use this script on a chart?
Warning: please read before requesting access.
"When you're at the right time in the market, money flows like butter..."
Development, suggestions and access to indicators:
💌 Telegram
@ButterologyTeam
Development, suggestions and access to indicators:
💌 Telegram
@ButterologyTeam
Disclaimer
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