OPEN-SOURCE SCRIPT
Sadgir Patterns with SL/TP
The "Sadgir Patterns with SL/TP" is a cutting-edge trading indicator designed for traders seeking to leverage the power of Hull Moving Averages in conjunction with phase accumulation analysis. This unique indicator, developed on the Pine Script platform, is ideal for various markets, including stocks, forex, cryptocurrencies, and commodities.
Key Features:
Adaptive Hull Moving Average: Utilizes an adaptive Hull Moving Average, which provides a smooth and responsive moving average line, aiding in identifying trend directions and potential market reversals.
Phase Accumulation Analysis: Integrates phase accumulation calculations to dynamically adjust the length of the Hull Moving Average, ensuring that the indicator stays in sync with market conditions.
Signal Generation: Generates clear "Long" and "Short" signals, which are visually represented on the chart, assisting traders in making informed decisions.
Dynamic Stop Loss and Take Profit Levels: Automatically calculates and plots dynamic stop loss (SL) and take profit (TP) levels as horizontal lines on the chart, based on user-defined percentage settings. These levels adjust in real-time with the price action, offering a systematic approach to risk management.
Customizable Settings: Provides users with the flexibility to adjust the source of the moving average, power settings for the Hull Moving Average, cycles, and powers for phase accumulation, as well as the percentage values for SL and TP levels.
Visual and Alert Features: Includes options for coloring the bars based on the trend direction and displays trade signals with distinct shapes. Additionally, alert conditions are set for both Long and Short signals, enabling traders to stay informed of potential trade opportunities.
Usage:
This indicator is designed for traders of all levels, from beginners to advanced. It can be used for trend following, catching reversals, or as part of a larger trading strategy. The dynamic SL and TP levels aid in managing trades effectively, providing both entry and exit points. However, traders are advised to use this indicator in conjunction with other analysis tools and consider the overall market context for the best results.
Disclaimer:
Trading involves risk, and it's important to do your own research and consider your risk tolerance before using this indicator. This tool is not intended as financial advice.
BANKNIFTY
NIFTY
CRUDEOIL1!
Key Features:
Adaptive Hull Moving Average: Utilizes an adaptive Hull Moving Average, which provides a smooth and responsive moving average line, aiding in identifying trend directions and potential market reversals.
Phase Accumulation Analysis: Integrates phase accumulation calculations to dynamically adjust the length of the Hull Moving Average, ensuring that the indicator stays in sync with market conditions.
Signal Generation: Generates clear "Long" and "Short" signals, which are visually represented on the chart, assisting traders in making informed decisions.
Dynamic Stop Loss and Take Profit Levels: Automatically calculates and plots dynamic stop loss (SL) and take profit (TP) levels as horizontal lines on the chart, based on user-defined percentage settings. These levels adjust in real-time with the price action, offering a systematic approach to risk management.
Customizable Settings: Provides users with the flexibility to adjust the source of the moving average, power settings for the Hull Moving Average, cycles, and powers for phase accumulation, as well as the percentage values for SL and TP levels.
Visual and Alert Features: Includes options for coloring the bars based on the trend direction and displays trade signals with distinct shapes. Additionally, alert conditions are set for both Long and Short signals, enabling traders to stay informed of potential trade opportunities.
Usage:
This indicator is designed for traders of all levels, from beginners to advanced. It can be used for trend following, catching reversals, or as part of a larger trading strategy. The dynamic SL and TP levels aid in managing trades effectively, providing both entry and exit points. However, traders are advised to use this indicator in conjunction with other analysis tools and consider the overall market context for the best results.
Disclaimer:
Trading involves risk, and it's important to do your own research and consider your risk tolerance before using this indicator. This tool is not intended as financial advice.
BANKNIFTY NIFTY CRUDEOIL1! Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.