PROTECTED SOURCE SCRIPT

HHTD Trend Change Indicator

*** HHTD Indicator ***

* Signal: Sell Below "0" Level, Generates Buy Signal Above "0" Level.
* Wave: Sell Below "0" Level, Generates Buy Signal Above "0" Level.
* Trend: Green Zone Bull Market Red Zone Bear Market Indicates Decision Stage in Yellow Zone Market.

***Parameters***

* ROC 14
* EMA Fast Signal 9
* EMA Slow Signal 14
* Chop Zone 30 & EMA 34

*** Trading Strategies ***

* Dissonance Strategy: The Price Movement and HHTD Indicator Moving in Different Directions Occurs as a Result and Indicates Trend Reversal.
* Breakdown Strategy: HHTD Oscillator Refers to Joining Two Peaks Or Two Bottom Lines And Breaking This Trend Line. The Correct Position Is Taken In The Direction Of Break.
Chop ZoneExponential Moving Average (EMA)hhtdRate of Change (ROC)

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer