MA Pullback Signal V1.1 [Tujac]

5月23日

This indicator will help you to find a MA Pullback Signal.

Features
Entry signals are generated under the following conditions:

1. Condition 1: When the 10, 20, and 50-period Moving Averages (MAs) are in either a bullish or bearish alignment, and their intervals narrow before expanding, a signal will appear.
   Additionally, the Stochastic oscillator must be in an oversold/overbought zone, and the signal will only trigger if volume increases upon the 10-period MA breaking through the 20-period MA after a bounce.
   
2. Condition 2: When the 20, 50, and 100-period MAs are in either a bullish or bearish alignment, and their intervals narrow before expanding, a signal will appear.
   Additionally, the Stochastic oscillator must be in an oversold/overbought zone, and the signal will only trigger if volume increases upon the 20-period MA breaking through the 50-period MA after a bounce.
   
3. Condition 3: If the 50-period MA and 200-period MA are in a bullish alignment, but the 10, 20, and 50-period MAs are in a bearish alignment, a signal will appear on a candle where a double bottom/double top forms, followed by an increase in volume.
   

Convergence Zone
Entry signals are hidden when the market is in a convergence zone.

• Bollinger Bands, Keltner Channels, ADX, and Volume are used to determine if the market is in a convergence zone.
  
• By default, entry signals will not appear in a convergence zone.
  
• You can change the settings to allow signals to appear on candles that meet the entry conditions, even within a convergence zone.
  

Setting Options

• Trend Type: Sets the type of Moving Average to determine pull-back entries.
  MA F: Uses all four MAs (10/20/50/200) to determine pull-backs.
  MA A/B/C: Uses only the 10/20/50 MAs to determine pull-backs.
  
• MA F Trend: Sets which MA crossing the 200-period MA defines the base trend. The default is the 5-period MA.
  
• MA Style: Sets the display style of the Moving Averages.
  A: Displays the 200-period MA as a line and the 10/20-period MAs as a cloud.
  B: Displays all 10/20/50/200-period MAs as lines.
  C: Displays the 10/20-period MAs and the 90/100-period MAs as a cloud.
  
• ADX Default: Sets the ADX value used to define the convergence zone.
  
• Filter Squeeze: Enable this setting to hide entry signals during convergence zones.
  
• Filter Over Sold/Bought: Enable this setting to hide entry signals when the market is in oversold/overbought zones.
  
• Show Strong Signal: Displays signals with particularly high volume and price volatility.
  
• Strength Level: Displays the strength of the signal.
  
• Show All Signal: Displays both weak and strong signals.
  

Displays the 200-period MA as a line and the 10/20-period MAs as a cloud.



When the 10, 20, and 50-period Moving Averages (MAs) are in either a bullish or bearish alignment, and their intervals narrow before expanding, a signal will appear. Additionally, the Stochastic oscillator must be in an oversold/overbought zone, and the signal will only trigger if volume increases upon the 10-period MA breaking through the 20-period MA after a bounce.



Entry signals are hidden when the market is in a convergence zone.



The "Show All Signal" option allows you to display both weak and strong signals, providing a comprehensive view of all potential entry points identified by the system, regardless of their strength level.



If the 50-period MA and 200-period MA are in a bullish alignment, but the 10, 20, and 50-period MAs are in a bearish alignment, a signal will appear on a candle where a double bottom/double top forms, followed by an increase in volume.

9月14日

リリースノート

1. Added various signal colors.
   
2. Added Bollinger Band breakout signals.
   
3. Modified to allow users to enable signals in the opposite direction of the trend.
   

9月18日

リリースノート

1. Add background color to the convergence section.

9月26日

リリースノート

1. Added Overbought/Oversold Level