OPEN-SOURCE SCRIPT
Updated USDJPY Assumption v1
Based on the "logical trading" post of Charles Cornley (thanks!).
Indicator States:
Indicator States:
- Very Bullish (Lime) = USD trend rising and JPY trend falling and Gold trend falling and US 10Y Bond trend falling and
Dow Jones trend rising and Nasdaq trend rising and Russell 2000 trend rising and
S&P 500 trend rising and Nikkei 225 trend rising - Bullish (Green) = USD trend rising and JPY trend falling
- Bearish (Red) = USD trend falling and JPY trend rising
Release Notes
Updated Indicator States:
- Very Bullish (Lime) = USD trend rising and JPY trend falling and Gold trend falling and US 10Y Bond trend falling and Dow Jones trend rising and Nasdaq trend rising and Russell 2000 trend rising and S&P 500 trend rising and Nikkei 225 trend rising
- Very Bearish (Red) = USD trend falling and JPY trend rising and Gold trend rising and US 10Y Bond trend rising and Dow Jones trend falling and Nasdaq trend falling and Russell 2000 trend falling and S&P 500 trend falling and Nikkei 225 trend falling
- Bullish (Green) = USD trend rising and JPY trend falling
- Bearish (Red) = USD trend falling and JPY trend rising
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.