JustUncleL

Big Snapper Alerts R2.0 by JustUncleL

This is a diversified Binary Option or Scalping Alert indicator originally designed for lower Time Frame Trend or Swing trading. Although you will find it a useful tool for higher time frames as well.

The Alerts are generated by the changing direction of the ColouredMA (HullMA by default), you then have the choice of selecting the Directional filtering on these signals or a Bollinger swing reversal filter.

The filters include:
  • Type 1 - The three MAs (EMAs 21,55,89 by default) in various combinations or by themselves. When only one directional MA selected then direction filter is given by ColouredMA above(up)/below(down) selected MA. If more than one MA selected the direction is given by MAs being in correct order for trend direction.

  • Type 2 - The SuperTrend direction is used to filter ColouredMA signals.

  • Type 3 - Bollinger Band Outside In is used to filter ColouredMA for swing reversals.

  • Type 4 - No directional filtering, all signals from the ColouredMA are shown.

Notes:
  • Each Type can be combined with another type to form more complex filtration.
  • Alerts can also be disabled completely if you just want one indicator with one colouredMA and/or 3xMAs and/or Bollinger Bands and/or SuperTrend painted on the chart.

Warning:
  • Be aware that combining Bollinger OutsideIn swing filter and a directional filter can be counter productive as they are opposites. So careful consideration is needed when combining Bollinger OutsideIn with any of the directional filters.

Hints:

Inspiration from @vdubus

Big Snapper's Bollinger OutsideIn Swing filter in Action:
Phát hành các Ghi chú: Release R3.0

  • Added new Signal Type 5: Signals come from Fast MA crossing slower ColouredMA.
  • Replaced OutsideIn Coloured MA signals with those generated from the MA cross, this gives earlier entry points.
  • Added selectable colours for Big fat marker, the big arrows colours must still be selected in the "Style" parameters of the script.


Further Hints:
  • Try using SSMA instead of HullMA for signal line, it is similar to Hull but remains smoother at low lengths and also works well with the MA Cross signals.
  • For Binary Options/Scalping try MACross signals from ColouredMA = SSMA(14) and FastMA = SSMA(7) with a directional filter, eg EMA 89


  • Another BO/Scalper try OutsideIN:MACross ColouredMA = SSMA(14) and FastMA = SSMA(7) and Bollinger set to (14,2)


  • For Long term traders how about trying Swing trading with OutSideIN, same settings as above.


Mã nguồn mở

Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?
JustUncleL

Bình luận

Hi, is there anyway to prevent the repainting due to large moves?
+2 Phản hồi
JustUncleL blackboxtechnologies
@blackboxtechnologies, The indicator does not use any forward looking data, so it should not repaint on closed candles, it may rebuild on the current building candle but that is not repainting as the candle has not closed yet.
+3 Phản hồi
thanks again JustUncleL!
+2 Phản hồi
Here is a good trade example using SNAPPER, you should aim for the the first couple of Pull backs/retracements after a new trend has started:
+1 Phản hồi
thank you for this indicato
Phản hồi
awesome indicator ... but brown green zones have problem when I change scale of chart ... any idea how to create perfect zones... i mean best values.
Phản hồi
JustUncleL Sincere007
@Sincere007, That is some for each trader to discover, what works for one trader may not work for the next.
Phản hồi
Excellent script! Thank you for sharing it!
Phản hồi
Good job JustUncleL !
Phản hồi
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