ungeeked

CedarEquities

SPXTrader CedarEquities is the Scalper algorithm adaptation for TradingView, however, due to internal differences between the two systems, the signals generated are different from Scalper algorithm.

CedarEquities compares two timeframes for the underlying algorithm and determines the direction of trades when the two timeframes align. Unlike Scalper, CedarEquities algorithm has profit targets (and sometimes stop losses). CedarEquities differentiates from Cedar to account for RTH trading with defaults for Equities than Futures .

Increased thresholds to hold on to a trade for smaller counter directional changes
Added configuration parameter - ref Bar Threshold
Added Bar Closing Threshold Option for filtering entries into trades
Improved bar closing Signals to filter out potentially fake entries
Added Critical Bar Concept: Certain bars are painted black which might signal a potential small trend developing
Added overbought and oversold signals.
Added PriceBand Width configurable option to work with non-Futures assets
Release Notes: Use the link below to obtain access to this indicator
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact ungeeked for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

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Warning: please read before requesting access.

To gain access to the indicator, please visit https://spxtrader.us/Cedar.php

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