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EMA/SMA + Multi-Timeframe Dashboard (Vertical)20/50 ema and 200 sma The EMA SMA Trading Indicator combines the power of Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) to help traders identify trends, reversals, and key entry/exit points. Features: Dual Moving Averages: Tracks both EMA and SMA to provide a balanced view of short-term and long-term market trends. Customizable Periods: Allows users to set unique periods for EMA and SMA to suit their trading style and timeframe (e.g., day trading, swing trading, or investing). Cross Alerts: Highlights EMA and SMA crossover points, which often indicate potential buy or sell signals. Color-Coded Lines: Visual differentiation between EMA (dynamic and responsive) and SMA (smooth and lagging) for better readability. Multi-Timeframe Compatibility: Suitable for scalping, intraday trading, and long-term analysis. Usage: Trend Confirmation: When the EMA is above the SMA, it signals a bullish trend; when it is below the SMA, it signals a bearish trend. Crossover Strategy: Use crossovers as potential buy (EMA crosses above SMA) or sell (EMA crosses below SMA) signals. Dynamic Support/Resistance: EMA can act as short-term support/resistance, while SMA represents long-term levels. This indicator is perfect for traders who want to combine EMA's speed with SMA's stability for improved decision-making in volatile markets. Customizable alerts and visual cues make it user-friendly for beginners and experienced traders. Make informed decisions and take your trading to the next level with the EMA SMA Trading Indicator!
Chỉ báo Pine Script™
bởi javedbrd
Strategia Ritracciamento 75% (RR 1:10)Identifica candele di rottura: Riconosce candele che rompono la precedente con un corpo chiaro e un rigetto (wick). Calcola il 75%: Determina il livello del 75% per la candela di rottura. Conferma ritracciamento: Controlla se il prezzo torna al livello del 75% e genera una chiusura sopra/sotto quel livello. Gestisce Stop Loss e Take Profit: Calcola lo stop loss (minimo/massimo della candela di rottura). Calcola il take profit basato su un rapporto rischio/rendimento definito.
Chiến lược Pine Script™
bởi aniellofrecentese
1
Hull Suite by MRS**Hull Suite by MRS Strategy Indicator** The Hull Suite by MRS Strategy is a technical analysis tool designed to provide insights into market trends using variations of the Hull Moving Average (HMA). This strategy aims to help traders identify optimal entry points for both long and short positions by utilizing multiple types of Hull-based indicators. ### Key Features: 1. **Hull Moving Average Variations**: The indicator offers three different Hull Moving Average variants: - **HMA (Hull Moving Average)**: A fast-moving average that minimizes lag and reacts quickly to price changes. - **EHMA (Enhanced Hull Moving Average)**: A smoother version of HMA with reduced noise, offering a clearer view of market trends. - **THMA (Triple Hull Moving Average)**: A more complex Hull average that aims to provide a stronger confirmation of trend direction. 2. **Customizable Parameters**: - **Source Selection**: Allows traders to choose the source for calculation (e.g., closing prices). - **Length**: A configurable parameter to adjust the period over which the moving average is calculated (e.g., 55-period for swing entries). - **Trend Coloring**: Users can enable automatic color-coding of the Hull moving average to reflect whether the market is in an uptrend (green) or downtrend (red). - **Candle Color**: Option to color candles based on Hull's trend, further improving the visual clarity of trend direction. 3. **Entry and Exit Signals**: - **Buy Signal**: Generated when the Hull moving average crosses above its historical value, indicating a potential upward price movement. - **Sell Signal**: Triggered when the Hull moving average crosses below its historical value, signaling a potential downward price movement. - The strategy can be customized to work with long, short, or both directions, making it adaptable for various market conditions. 4. **Visual Representation**: - **Hull Bands**: The indicator can plot the Hull moving average as bands, with customizable transparency to suit individual preferences. - **Band Filler**: The area between the two Hull moving averages is filled, making it easier to identify trends at a glance. 5. **Backtesting and Strategy Execution**: This strategy can be tested on historical data with adjustable backtest start and stop dates, providing traders with a better understanding of its performance before live trading. ### Purpose: The Hull Suite by MRS Strategy is designed to assist traders in determining the optimal time to enter and exit the market based on robust Hull moving averages. With its flexibility, it can be used for trend-following, swing trading, or other strategic applications.
Chiến lược Pine Script™
bởi mrsekhar
VPSA-VTDDear Sir/Madam, I am pleased to present the next iteration of my indicator concept, which, in my opinion, serves as a highly useful tool for analyzing markets using the Volume Spread Analysis (VSA) method or the Wyckoff methodology. The VPSA (Volume-Price Spread Analysis), the latest version in the family of scripts I’ve developed, appears to perform its task effectively. The combination of visualizing normalized data alongside their significance, achieved through the application of Z-Score standardization, proved to be a sound solution. Therefore, I decided to take it a step further and expand my project with a complementary approach to the existing one. Theory At the outset, I want to acknowledge that I’m aware of the existence of other probabilistic models used in financial markets, which may describe these phenomena more accurately. However, in line with Occam's Razor, I aimed to maintain simplicity in the analysis and interpretation of the concepts below. For this reason, I focused on describing the data using the Gaussian distribution. The data I read from the chart — primarily the closing price, the high-low price difference (spread), and volume — exhibit cyclical patterns. These cycles are described by Wyckoff's methodology, while VSA complements and presents them from a different perspective. I will refrain from explaining these methods in depth due to their complexity and broad scope. What matters is that within these cycles, various events occur, described by candles or bars in distinct ways, characterized by different spreads and volumes. When observing the chart, I notice periods of lower volatility, often accompanied by lower volumes, as well as periods of high volatility and significant volumes. It’s important to find harmony within this apparent chaos. I think that chart interpretation cannot happen without considering the broader context, but the more variables I include in the analytical process, the more challenges arise. For instance, how can I determine if something is large (wide) or small (narrow)? For elements like volume or spread, my script provides a partial answer to this question. Now, let’s get to the point. Technical Overview The first technique I applied is Min-Max Normalization. With its help, the script adjusts volume and spread values to a range between 0 and 1. This allows for a comparable bar chart, where a wide bar represents volume, and a narrow one represents spread. Without normalization, visually comparing values that differ by several orders of magnitude would be inconvenient. If the indicator shows that one bar has a unit spread value while another has half that value, it means the first bar is twice as large. The ratio is preserved. The second technique I used is Z-Score Standardization. This concept is based on the normal distribution, characterized by variables such as the mean and standard deviation, which measures data dispersion around the mean. The Z-Score indicates how many standard deviations a given value deviates from the population mean. The higher the Z-Score, the more the examined object deviates from the mean. If an object has a Z-Score of 3, it falls within 0.1% of the population, making it a rare occurrence or even an anomaly. In the context of chart analysis, such strong deviations are events like climaxes, which often signal the end of a trend, though not always. In my script, I assigned specific colors to frequently occurring Z-Score values: Below 1 – Blue Above 1 – Green Above 2 – Red Above 3 – Fuchsia These colors are applied to both spread and volume, allowing for quick visual interpretation of data. Volume Trend Detector (VTD) The above forms the foundation of VPSA. However, I have extended the script with a Volume Trend Detector (VTD). The idea is that when I consider market structure - by market structure, I mean the overall chart, support and resistance levels, candles, and patterns typical of spread and volume analysis as well as Wyckoff patterns - I look for price ranges where there is a lack of supply, demand, or clues left behind by Smart Money or the market's enigmatic identity known as the Composite Man. This is essential because, as these clues and behaviors of market participants — expressed through the chart’s dynamics - reflect the actions, decisions, and emotions of all players. These behaviors can help interpret the bull-bear battle and estimate the probability of their next moves, which is one of the key factors for a trader relying on technical analysis to make a trade decision. I enhanced the script with a Volume Trend Detector, which operates in two modes: Step-by-Step Logic The detector identifies expected volume dynamics. For instance, when looking for signs of a lack of bullish interest, I focus on setups with decreasing volatility and volume, particularly for bullish candles. These setups are referred to as No Demand patterns, according to Tom Williams' methodology. Simple Moving Average (SMA) The detector can also operate based on a simple moving average, helping to identify systematic trends in declining volume, indicating potential imbalances in market forces. I’ve designed the program to allow the selection of candle types and volume characteristics to which the script will pay particular attention and notify me of specific market conditions. Advantages and Disadvantages Advantages: Unified visualization of normalized spread and volume, saving time and improving efficiency. The use of Z-Score as a consistent and repeatable relative mechanism for marking examined values. The use of colors in visualization as a reference to Z-Score values. The possibility to set up a continuous alert system that monitors the market in real time. The use of EMA (Exponential Moving Average) as a moving average for Z-Score. The goal of these features is to save my time, which is the only truly invaluable resource. Disadvantages: The assumption that the data follows a normal distribution, which may lead to inaccurate interpretations. A fixed analysis period, which may not be perfectly suited to changing market conditions. The use of EMA as a moving average for Z-Score, listed both as an advantage and a disadvantage depending on market context. I have included comments within the code to explain the logic behind each part. For those who seek detailed mathematical formulas, I invite you to explore the code itself. Defining Program Parameters: Numerical Conditions: VPSA Period for Analysis – The number of candles analyzed. Normalized Spread Alert Threshold – The expected normalized spread value; defines how large or small the spread should be, with a range of 0-1.00. Normalized Volume Alert Threshold – The expected normalized volume value; defines how large or small the volume should be, with a range of 0-1.00. Spread Z-SCORE Alert Threshold – The Z-SCORE value for the spread; determines how much the spread deviates from the average, with a range of 0-4 (a higher value can be entered, but from a logical standpoint, exceeding 4 is unnecessary). Volume Z-SCORE Alert Threshold – The Z-SCORE value for volume; determines how much the volume deviates from the average, with a range of 0-4 (the same logical note as above applies). Logical Conditions: Logical conditions describe whether the expected value should be less than or equal to or greater than or equal to the numerical condition. All four parameters accept two possibilities and are analogous to the numerical conditions. Volume Trend Detector: Volume Trend Detector Period for Analysis – The analysis period, indicating the number of candles examined. Method of Trend Determination – The method used to determine the trend. Possible values: Step by Step or SMA. Trend Direction – The expected trend direction. Possible values: Upward or Downward. Candle Type – The type of candle taken into account. Possible values: Bullish, Bearish, or Any. The last available setting is the option to enable a joint alert for VPSA and VTD. When enabled, VPSA will trigger on the last closed candle, regardless of the VTD analysis period. Example Use Cases (Labels Visible in the Script Window Indicate Triggered Alerts): The provided labels in the chart window mark where specific conditions were met and alerts were triggered. Summary and Reflections The program I present is a strong tool in the ongoing "game" with the Composite Man. However, it requires familiarity and understanding of the underlying methodologies to fully utilize its potential. Of course, like any technical analysis tool, it is not without flaws. There is no indicator that serves as a perfect Grail, accurately signaling Buy or Sell in every case. I would like to thank those who have read through my thoughts to the end and are willing to take a closer look at my work by using this script. If you encounter any errors or have suggestions for improvement, please feel free to contact me. I wish you good health and accurately interpreted market structures, leading to successful trades! CatTheTrader
Chỉ báo Pine Script™
bởi CatTheTrader
MMRI by NicoThis indicator is the same indicator created by Gregory Mannarino. It measures risk in the market: Extreme 300+ High 200-300 Moderate 100-200 Low 50-100 The formula is simple: MMRI = DXY * US10Y / 1.61 The chart shows a number that represents the risk in the market at all times. It is useful to have it at all times no matter what chart you are looking. The original indicator is here: traderschoice.net Props to Gregory for creating this indicator which has proven to be very useful to assess the risk of the market.
Chỉ báo Pine Script™
bởi nicomengual
Moving Averages by ComLucro - 20/50/100/200 - 2025_V01Moving Averages by ComLucro - 20/50/100/200 - 2025_V01 Moving Averages by ComLucro - 20/50/100/200 - 2025_V01 is a versatile and customizable tool for traders looking to incorporate 20, 50, 100, and 200-period Simple Moving Averages (SMA) into their technical analysis. This indicator allows traders to easily track these key moving averages directly on their charts, with customizable colors and line positions for a seamless user experience. Key Features: Multiple Timeframes: Displays 20, 50, 100, and 200-period SMAs, widely used in technical analysis. Customizable Colors: Adjust the color of each SMA to match your chart’s theme and improve visibility. Clean Visualization: Plots each moving average with distinct colors and thicknesses for clarity. How It Works: Choose your desired periods for the SMAs: 20, 50, 100, and 200. Customize the line colors to enhance chart readability. View the SMAs dynamically plotted over your chart for quick reference during analysis. Disclaimer: This script is intended for educational purposes only and does not constitute financial or trading advice. Use it responsibly and ensure it aligns with your trading strategies and risk management practices.
Chỉ báo Pine Script™
bởi comlucro
RSI Convergence DivergenceRSI based oscillator inspired by the MACD. Indicator that consists of two RSI calibrated at different lengths to take advantage of their convergence, divergence, overall direction, overall strength and several other metrics to extract signals from the price action. This indicator includes: - Fast RSI - Slow RSI - Signal line to identify convergence/divergence - Simple moving average applied to the average of the two RSI - DEMA applied to the average of the two RSI - An average moving average of the SMA and DEMA Some of the applications of this indicator: - Simple convergence/divergence signaled by the moving average going above or below zero. - Crossover between SMA and DEMA - Combination of convergence/divergence and one of the 3 MAs reaching overbought or oversold threshold - Average moving average going above or below 50 The combinations of different conditions are countless and limited only by the imagination of the user. The visualization inputs, besides allowing to choose the candle coloring, give the user the ability to keep the chart clean and only see the signals he is interested into.
Chỉ báo Pine Script™
bởi Rick996
Candle Counter by ComLucro - Multi-Timefram - 2025_V01Candle Counter by ComLucro - Multi-Timeframe - 2025_V01 The Candle Counter by ComLucro - Multi-Timeframe is a highly customizable tool designed to help traders monitor the number of candles across various timeframes directly on their charts. Whether you're analyzing trends or tracking specific market behaviors, this indicator provides a seamless and efficient way to enhance your technical analysis. Key Features: Flexible Timeframe Selection: Track candle counts on yearly, monthly, weekly, daily, or hourly intervals to suit your trading style. Dynamic Label Positioning: Choose to display labels above or below candles, offering greater control over your chart layout. Customizable Colors: Adjust label text colors to match your chart's aesthetics and improve visibility. Clean and Organized Visualization: Automatically generates labels for each candle without overcrowding your chart. How It Works: Select a Timeframe: Choose from yearly, monthly, weekly, daily, or hourly intervals based on your analysis needs. Automatic Counting: The indicator calculates and displays the number of candles for the selected period directly on your chart. Label Customization: Adjust the position (above or below the candles) and color of the labels to align with your preferences. Why Use This Indicator? This script is perfect for traders who need a clear and visual representation of candle counts in specific timeframes. Whether you're monitoring trends, evaluating price action, or developing strategies, the Candle Counter by ComLucro adapts to your needs and helps you make informed decisions. Disclaimer: This script is intended for educational and informational purposes only. It does not constitute financial advice. Always practice responsible trading and ensure this tool aligns with your strategies and risk management practices. About ComLucro: ComLucro is dedicated to providing traders with practical tools and educational resources to improve decision-making in the financial markets. Discover other scripts and strategies developed to enhance your trading experience.
Chỉ báo Pine Script™
bởi comlucro
BBMA by Edwin K1. Components of the Indicator Bollinger Bands (BB): Middle Band (midBB): A simple moving average (SMA) of the closing price over the specified length (default = 20). Upper Band (topBB): midBB + (BB multiplier × standard deviation). Lower Band (lowBB): midBB - (BB multiplier × standard deviation). How to interpret Bollinger Bands: Extreme conditions: Price above the upper band = overbought (potential reversal or resistance). Price below the lower band = oversold (potential reversal or support). Moving Averages (MA): mahi5 and mahi10: WMAs (weighted moving averages) based on the high price. malo5 and malo10: WMAs based on the low price. EMA 50: Exponential moving average of the closing price over 50 periods, providing an overall trend. How to interpret moving averages: Shorter-term MAs (mahi5 and malo5): Indicate recent price action. Longer-term MAs (mahi10 and malo10): Indicate broader trends. Crossovers or alignment of these moving averages with the Bollinger Bands can signal trades. 2. Trading Signals Extreme Upper Signals: Condition: Either mahi5 or mahi10 crosses above the upper Bollinger Band (topBB). Visual Cue: A red downward triangle is plotted above the bar. Interpretation: Indicates a potential overbought condition. Action: Consider taking a short position or closing long trades, especially if the price starts reversing. Extreme Lower Signals: Condition: Either malo5 or malo10 crosses below the lower Bollinger Band (lowBB). Visual Cue: A green upward triangle is plotted below the bar. Interpretation: Indicates a potential oversold condition. Action: Consider taking a long position or closing short trades, especially if the price starts reversing. 3. Trading Strategy Trend Following: Use EMA 50: If the price is above the EMA 50, the trend is bullish. Focus on long trades, especially when extreme lower signals occur. If the price is below the EMA 50, the trend is bearish. Focus on short trades, especially when extreme upper signals occur. Reversal Trading: Watch for extreme signals (mahi or malo breaching BB bands): Extreme Upper Signal: Enter short after confirmation of a reversal (e.g., a bearish candle forms after the signal). Extreme Lower Signal: Enter long after confirmation of a reversal (e.g., a bullish candle forms after the signal). Confluence with Moving Averages: If mahi or malo aligns with the Bollinger Bands, it strengthens the signal: For Long Trades: malo5 or malo10 near or below lowBB. For Short Trades: mahi5 or mahi10 near or above topBB. 4. Risk Management Always set stop-loss orders based on recent price levels: Short Trades: Above the recent swing high or topBB. Long Trades: Below the recent swing low or lowBB. Use risk-reward ratios (e.g., 1:2 or 1:3) to plan exits. 5. How to Read the Chart Look for the plotted Bollinger Bands, moving averages, and signals: Red downward triangles: Potential short trade opportunities. Green upward triangles: Potential long trade opportunities. Combine these signals with trend direction (EMA 50) and candle patterns for confirmation. By following these steps, you can make informed decisions based on the BBMA strategy. ChatGPT can
Chỉ báo Pine Script™
bởi Eksira
Nen Star Harmonic Pattern [TradingFinder] NenStar Reversal Auto🔵 Introduction The Nen-Star Harmonic Pattern is an advanced reversal pattern in technical analysis, designed to identify market trend changes and predict key price reversal points. This pattern is defined by a combination of Fibonacci ratios and critical concepts such as Potential Reversal Zones (PRZ), market structure, and corrective waves. The key points of this pattern include X, A, B, C, and D, and it appears in both bullish and bearish forms. In its bullish form, the pattern resembles the letter M, while in its bearish form, it takes the shape of W. The critical Fibonacci ratios for this pattern are 0.382 to 0.786 for the XA wave, 1.13 to 1.414 for the AB wave, and 1.272 to 2.618 for the BC wave. The Nen-Star Harmonic Pattern is one of the most precise tools for identifying market reversals and executing reversal trades. Traders can use it to pinpoint optimal entry and exit points and benefit from high risk-to-reward ratios. By emphasizing Fibonacci retracement levels, XABCD waves, the formation of bullish and bearish patterns, and precise trade entry points, this pattern has become a practical tool in advanced technical analysis. Bullish Nen-Star Pattern : Bearish Nen-Star Pattern : 🔵 How to Use The Nen-Star Harmonic Pattern indicator allows traders to automatically identify the bullish and bearish structures of this pattern and locate optimal entry and exit points. By accurately analyzing Fibonacci ratios and determining points X, A, B, C, and D, the indicator highlights Potential Reversal Zones (PRZ) on the chart. Traders can rely on the generated signals to manage their trades with greater precision. 🟣 Bullish Nen-Star Pattern The bullish Nen-Star pattern begins with a price increase from point X to point A, followed by a retracement to point B, which lies between 0.382 and 0.786 of the XA wave. After this retracement, the price moves to point C, located between 1.13 and 1.414 of the AB wave. The final movement is a price decline to point D, which is between 1.272 and 2.618 of the BC wave and 1.13 to 1.272 of the XA wave. Point D : Serves as the key Potential Reversal Zone (PRZ). Entry : A buy trade is initiated at point D, signaling the end of the corrective movement and the beginning of a price increase. Price Targets : 61.8% retracement of the CD wave Point A Point C 1.272 and 1.618 extensions of the CD wave if resistance at point C is broken Stop Loss : Placed slightly below point D. 🟣 Bearish Nen-Star Pattern The bearish Nen-Star pattern starts with a price decrease from point X to point A, followed by a retracement to point B, which lies between 0.382 and 0.786 of the XA wave. After this retracement, the price moves to point C, located between 1.13 and 1.414 of the AB wave. The final movement is a price increase to point D, which is between 1.272 and 2.618 of the BC wave and 1.13 to 1.272 of the XA wave. Point D : Serves as the key Potential Reversal Zone (PRZ). Entry : A sell trade is initiated at point D, signaling the end of the corrective movement and the beginning of a price decline. Price Targets : 61.8% retracement of the CD wave Point A Point C 1.272 and 1.618 extensions of the CD wave if support at point C is broken Stop Loss : Placed slightly above point D. 🔵 Setting 🟣 Logical Setting ZigZag Pivot Period : You can adjust the period so that the harmonic patterns are adjusted according to the pivot period you want. This factor is the most important parameter in pattern recognition. Show Valid Forma t: If this parameter is on "On" mode, only patterns will be displayed that they have exact format and no noise can be seen in them. If "Off" is, the patterns displayed that maybe are noisy and do not exactly correspond to the original pattern. Show Formation Last Pivot Confirm : if Turned on, you can see this ability of patterns when their last pivot is formed. If this feature is off, it will see the patterns as soon as they are formed. The advantage of this option being clear is less formation of fielded patterns, and it is accompanied by the latest pattern seeing and a sharp reduction in reward to risk. Period of Formation Last Pivot : Using this parameter you can determine that the last pivot is based on Pivot period. 🟣 Genaral Setting Show : Enter "On" to display the template and "Off" to not display the template. Color : Enter the desired color to draw the pattern in this parameter. LineWidth : You can enter the number 1 or numbers higher than one to adjust the thickness of the drawing lines. This number must be an integer and increases with increasing thickness. LabelSize : You can adjust the size of the labels by using the "size.auto", "size.tiny", "size.smal", "size.normal", "size.large" or "size.huge" entries. 🟣 Alert Setting Alert : On / Off Message Frequency : This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar". Show Alert Time by Time Zone : The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default. 🔵 Conclusion The Nen-Star Harmonic Pattern is a highly effective analytical tool in global financial markets, playing a crucial role in identifying reversal points and market trend changes. By leveraging Fibonacci principles and price structure, this pattern enables precise analysis across various assets, including stocks, cryptocurrencies, forex, and commodities. Traders operating in global markets can use this pattern to identify high risk-to-reward trading opportunities. Its clear entry and exit points, defined Potential Reversal Zones (PRZ), and accurate price targets make it an excellent tool for risk management and profitability enhancement. In the global context, the Nen-Star pattern is widely used by professional analysts in both advanced and emerging markets due to its versatility in analyzing long-term and short-term charts. Beyond trend prediction, it enhances trading strategies and optimizes investment decisions. Combining this pattern with complementary tools such as volume analysis, technical indicators, and macroeconomic conditions can provide traders with deeper market insights, helping them capitalize on global opportunities.
Chỉ báo Pine Script™
bởi TFlab
4
Dynamic Display for Max/Min MA Types with ToggleThis version show all the data without selective display **** select the setting to dot**** This indicator provides a powerful way to identify dynamic entry and stop-loss levels for both long and short trades. It calculates the maximum and minimum values of a selected moving average (MA) over a specified lookback period, adapting dynamically to market conditions. It features options for various MA types, including SMA, EMA, HMA, RMA, and DEMA, to suit different trading strategies and styles. How It Works 1. Moving Average Selection: Choose the type of moving average (SMA, EMA, HMA, RMA, or DEMA) and its period (e.g., HMA 13). 2. Max/Min Calculation: The indicator calculates the highest and lowest values of the selected moving average over a specified lookback period (e.g., 5 candles). 3. Dynamic Plotting: • Bullish Market: When the price breaks the Max MA level, the Min level is plotted, trailing upward as a potential stop-loss for long trades. • Bearish Market: When the price breaks the Min MA level, the Max level is plotted, trailing downward as a potential stop-loss for short trades. 4. Fake-Out Filter: If a candle breaks the Max/Min level but closes within the range (indicating a fake-out), the plots do not switch. This can cause repainting during volatile conditions, so use caution in high-wick markets. Features • Customizable Inputs: Adjust MA type, period, lookback, and timeframe to suit your trading strategy. • Multi-Timeframe Flexibility: Works on all timeframes, from micro-scalping on the 1-minute chart to swing trading on higher timeframes. • Trend Confirmation: Provides clear indications of when to enter or exit based on dynamic levels. • Risk Management: Highlights stop-loss levels that trail the trend, helping to lock in profits or limit losses. Advantages 1. Clear Entry/Exit Points: Provides actionable signals for both long and short trades, with defined stop-loss locations. 2. Customizable for Any Style: Tailor the indicator to your product, timeframe, and trading approach (scalping or swing trading). 3. Trend-Focused Guidance: Helps avoid counter-trend trades by showing the dominant trend direction. 4. Adaptive to Market Conditions: The dynamic nature of the indicator allows it to respond to both trending and consolidating markets. Limitations 1. Repainting During Fake-Outs: The indicator can repaint during volatile periods with long wicks, as it filters for fake-out candles. This may create noise in certain market conditions. 2. Optimization Required: The ideal settings for MA type, period, and lookback are dependent on the market profile and need to be fine-tuned by the trader. 3. Less Effective in Consolidation: In sideways or choppy markets, the indicator may produce less reliable signals unless adjusted for lower sensitivity. Trading Tips • Use this indicator to focus on trending markets, avoiding trades against the prevailing trend. For example, during an uptrend, only take long trades and avoid shorts. • Consider having two configurations: one for trending markets and one for consolidating markets, switching between them as needed. • Pair this indicator with volume analysis, price action, or other complementary tools to increase accuracy and reduce noise. This indicator is designed to be both an entry and risk management tool, enabling traders to make informed decisions while keeping risks in check.
Chỉ báo Pine Script™
bởi DeLeBlanc
Dynamic Max/Min MA -SLOW with Fake-Out FilterThis is a slow version of previous indicator Previous candle 30 MA60 SMA **** select the setting to STEP LINE BREAK**** This indicator provides a powerful way to identify dynamic entry and stop-loss levels for both long and short trades. It calculates the maximum and minimum values of a selected moving average (MA) over a specified lookback period, adapting dynamically to market conditions. It features options for various MA types, including SMA, EMA, HMA, RMA, and DEMA, to suit different trading strategies and styles. How It Works 1. Moving Average Selection: Choose the type of moving average (SMA, EMA, HMA, RMA, or DEMA) and its period (e.g., HMA 13). 2. Max/Min Calculation: The indicator calculates the highest and lowest values of the selected moving average over a specified lookback period (e.g., 5 candles). 3. Dynamic Plotting: • Bullish Market: When the price breaks the Max MA level, the Min level is plotted, trailing upward as a potential stop-loss for long trades. • Bearish Market: When the price breaks the Min MA level, the Max level is plotted, trailing downward as a potential stop-loss for short trades. 4. Fake-Out Filter: If a candle breaks the Max/Min level but closes within the range (indicating a fake-out), the plots do not switch. This can cause repainting during volatile conditions, so use caution in high-wick markets. Features • Customizable Inputs: Adjust MA type, period, lookback, and timeframe to suit your trading strategy. • Multi-Timeframe Flexibility: Works on all timeframes, from micro-scalping on the 1-minute chart to swing trading on higher timeframes. • Trend Confirmation: Provides clear indications of when to enter or exit based on dynamic levels. • Risk Management: Highlights stop-loss levels that trail the trend, helping to lock in profits or limit losses. Advantages 1. Clear Entry/Exit Points: Provides actionable signals for both long and short trades, with defined stop-loss locations. 2. Customizable for Any Style: Tailor the indicator to your product, timeframe, and trading approach (scalping or swing trading). 3. Trend-Focused Guidance: Helps avoid counter-trend trades by showing the dominant trend direction. 4. Adaptive to Market Conditions: The dynamic nature of the indicator allows it to respond to both trending and consolidating markets. Limitations 1. Repainting During Fake-Outs: The indicator can repaint during volatile periods with long wicks, as it filters for fake-out candles. This may create noise in certain market conditions. 2. Optimization Required: The ideal settings for MA type, period, and lookback are dependent on the market profile and need to be fine-tuned by the trader. 3. Less Effective in Consolidation: In sideways or choppy markets, the indicator may produce less reliable signals unless adjusted for lower sensitivity. Trading Tips • Use this indicator to focus on trending markets, avoiding trades against the prevailing trend. For example, during an uptrend, only take long trades and avoid shorts. • Consider having two configurations: one for trending markets and one for consolidating markets, switching between them as needed. • Pair this indicator with volume analysis, price action, or other complementary tools to increase accuracy and reduce noise. This indicator is designed to be both an entry and risk management tool, enabling traders to make informed decisions while keeping risks in check.
Chỉ báo Pine Script™
bởi DeLeBlanc
Dynamic Max/Min MA -FAST with Fake-Out FilterThis is a update from previous one, this is the fast track setting Previous candle 5 MA 8 SMA STEP LINE WITH BREAK **** select the setting to STEP LINE BREAK**** This indicator provides a powerful way to identify dynamic entry and stop-loss levels for both long and short trades. It calculates the maximum and minimum values of a selected moving average (MA) over a specified lookback period, adapting dynamically to market conditions. It features options for various MA types, including SMA, EMA, HMA, RMA, and DEMA, to suit different trading strategies and styles. How It Works 1. Moving Average Selection: Choose the type of moving average (SMA, EMA, HMA, RMA, or DEMA) and its period (e.g., HMA 13). 2. Max/Min Calculation: The indicator calculates the highest and lowest values of the selected moving average over a specified lookback period (e.g., 5 candles). 3. Dynamic Plotting: • Bullish Market: When the price breaks the Max MA level, the Min level is plotted, trailing upward as a potential stop-loss for long trades. • Bearish Market: When the price breaks the Min MA level, the Max level is plotted, trailing downward as a potential stop-loss for short trades. 4. Fake-Out Filter: If a candle breaks the Max/Min level but closes within the range (indicating a fake-out), the plots do not switch. This can cause repainting during volatile conditions, so use caution in high-wick markets. Features • Customizable Inputs: Adjust MA type, period, lookback, and timeframe to suit your trading strategy. • Multi-Timeframe Flexibility: Works on all timeframes, from micro-scalping on the 1-minute chart to swing trading on higher timeframes. • Trend Confirmation: Provides clear indications of when to enter or exit based on dynamic levels. • Risk Management: Highlights stop-loss levels that trail the trend, helping to lock in profits or limit losses. Advantages 1. Clear Entry/Exit Points: Provides actionable signals for both long and short trades, with defined stop-loss locations. 2. Customizable for Any Style: Tailor the indicator to your product, timeframe, and trading approach (scalping or swing trading). 3. Trend-Focused Guidance: Helps avoid counter-trend trades by showing the dominant trend direction. 4. Adaptive to Market Conditions: The dynamic nature of the indicator allows it to respond to both trending and consolidating markets. Limitations 1. Repainting During Fake-Outs: The indicator can repaint during volatile periods with long wicks, as it filters for fake-out candles. This may create noise in certain market conditions. 2. Optimization Required: The ideal settings for MA type, period, and lookback are dependent on the market profile and need to be fine-tuned by the trader. 3. Less Effective in Consolidation: In sideways or choppy markets, the indicator may produce less reliable signals unless adjusted for lower sensitivity. Trading Tips • Use this indicator to focus on trending markets, avoiding trades against the prevailing trend. For example, during an uptrend, only take long trades and avoid shorts. • Consider having two configurations: one for trending markets and one for consolidating markets, switching between them as needed. • Pair this indicator with volume analysis, price action, or other complementary tools to increase accuracy and reduce noise. This indicator is designed to be both an entry and risk management tool, enabling traders to make informed decisions while keeping risks in check.
Chỉ báo Pine Script™
bởi DeLeBlanc