PROTECTED SOURCE SCRIPT
Updated Trend Shift Indicator Strategy V2.0 [Fournier-Eaton]
Major update of Trend Shift Indicator with adjustable parameter strategy
Defaults are set for 1 month view and 30min candle width.
Defaults are set for 1 month view and 30min candle width.
Release Notes
Simplification of user controlsBetter defaults for 1 month view (30min candle)
Smoothed
Simplified visuals.
Release Notes
Better directions to user in settings pane. Release Notes
Improved Profit FactorImproved Sharpe Ratio
Release Notes
improved profit-factor Release Notes
final adjustments to this versionRelease Notes
Major changesRelease Notes
Better readability Release Notes
correction to lookback periodRelease Notes
Clearer signal in crosses. Release Notes
color coded signal lineblue = buy
purple = caution
red = sell
Release Notes
small variables updateRelease Notes
Simplification, Color coded Macd of TSICrossover(signal,0) buy
Crossunder(signal,0) sell
Caution if purple
Buy if Blue
Sell if Red.
Release Notes
Better buy signal (reduced false positives)Release Notes
Added overall pre-algorithmic price smoothing option. Release Notes
Added pre-algorithmic price smoothing option. Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.