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L3 Banker Fund Flow Trend Oscillator

5

Direct translation of blackcat's L3 Banker Fund Flow Trend Oscillator.

Get push notifications on your phone app when a signal bar has formed.

Historical signals are shown with buy/sell arrow right on the main chart.

Indicator uses two data calculations to check for a cross below 25% level (a signal to go long) and above 75% level (a signal to short).

For any further questions feel free to contact me directly. Including requests for product improvements.

Reviews 1
DanyLbc747
890
DanyLbc747 2024.08.20 12:40 
 

Good indicator, does what it's supposed to.

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Two lines are being drawn in a separate window. And both are representing an angle of a trendline. One trendline is measured going across two price highs, but the other is measured across two lows. You get to choose the period from which the first price high and first price low is being determined. The second high and low comes from identical time period preceding the first one. Feel free to experiment with the period count until you get the confirmation you are looking for.
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DanyLbc747
890
DanyLbc747 2024.08.20 12:40 
 

Good indicator, does what it's supposed to.

Reply to review
Version 1.35 2024.06.29
fixed the display of the histogram when running live
Version 1.30 2024.06.28
- added the ability to manually adjust signal arrow deviation from the high/low price when plotted on the chart;
- overlay bar color automatically set according to the current background;
- grid automatically removed for better visual representation of the histogram;
- switched to different type of arrows for the display of historical signals;
Version 1.25 2024.06.22
Added a full color scheme:
(Gold,"banker fund entry buy");
(Orange,"banker fund entry sell");
(Green,"banker increase position");
(Wheat,"banker decrease position");
(Red,"banker fund exit/quit");
(Blue,"banker fund weak rebound");
Version 1.10 2024.06.20
Improved visual representation. Added opposite signal.