Harmonics_prediction
[2] Moving averages harmonics of 13, 21 and 55 days. (More vibrations, same colors)
Ĥarmonics are calculated as the musical theory. Do re mi fa ...
Recommended setup: Two script opened, one set with «screen no scale».
Interpretations are left to you, but it looks that when harmonics lines have too much «noise» and is too far from [1], it show anomalies.
Good SHORT position when top lines zone reached.
And good LONG (...), well, you know.
The ranges and zoom determine the risks.
Have fun, please report issues, and possible improvements.
Downside, need a lot of cpu to avoid freezes.
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Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact k33st directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.