Hello everyone, I'm Luochen. Today, I'll continue to share with you a super easy-to-use short-term indicator, which is also one of the indicators I often use, the short-term bull and bear king.
Indicator Introduction: This indicator consists of three parts: short-term bull and bear, five color bars, and nine cycles of accelerated bottom-fishing. (Some code is from the internet, and I have optimized and improved it through repeated testing and received good feedback from some friends.)
Step 1 Download the Futu moomoo PC version
Step 2 Click on the "Indicator Management" in the lower right corner
Step 3 Click on the "➕" button to create a new indicator
Abbreviation: DKW
Full Name: Short-term Bull and Bear King
Target: Main Chart
Then just click on the test.
The same account will automatically sync to different terminals. That is to say, if you add indicators on the PC version and log in to the mobile version with the same account, you can see the newly added indicators and directly call them up.
If there is an error, check if you have entered full-width punctuation marks and change all the code to English input methods and re-enter.
Next, I will explain the code principle to you.
This indicator consists of four parts:
Part 1: Long and short trend lines
Define variable TF for the time period of the exponential moving average (EMA). (This indicator is a short-term indicator with a period of 13, users can adjust it according to their preferences).
Calculate the EMA of the highest and lowest prices of stocks, referred to as UP and DW, and calculate them according to the specified time period.
Define conditions F1 and F2 to identify the engulfing pattern of call and put candles...

Before we get started, just wanted to remind you to smash that like button and leave a comment below to let me know what you think! 👍💬
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Trade Recap for March 5th, 2024 (EST):
Two day trades totaling $4897 USD
$Phunware (PHUN.US): Recognized overextension, executed a swift trade, albeit exiting slightly late during an opening spike.
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