PROTECTED SOURCE SCRIPT
Leledc Exhaustion Bar Success Study
Indicator highlights Leledc signals and checks the returns after the signal for the coming 3 days.
If there is a Leledc signal saying trend should turn higher (lower), if the price closes higher in the next 3 days, it highlights that day with green (red).
It also calculates the percentage of the Leledc signals that worked, thus estimating the probability of success for Leledc signals (for both minor and major signals).
If there is a Leledc signal saying trend should turn higher (lower), if the price closes higher in the next 3 days, it highlights that day with green (red).
It also calculates the percentage of the Leledc signals that worked, thus estimating the probability of success for Leledc signals (for both minor and major signals).
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.