INVITE-ONLY SCRIPT
BADSHAHI TRADING
TradingView indicator that posts buy and sell signals along with support and resistance levels, you need to develop a Pine Script that identifies key support and resistance levels and then displays buy and sell signals based on certain conditions. Here's a breakdown of how to approach this:
1. Support and Resistance Basics
Support and resistance are critical concepts in technical analysis:
Support: This is a price level where an asset tends to find buying interest, preventing the price from dropping further.
Resistance: This is a price level where selling pressure tends to increase, preventing the price from rising further.
To detect support and resistance, we typically use methods like pivot points, recent swing highs/lows, or price levels that have repeatedly reversed direction in the past.
2. Buy and Sell Signals
Buy and sell signals are often generated based on certain criteria like:
Price crossing above or below a moving average
Candlestick patterns (like Doji, engulfing)
Breakouts from support/resistance levels
In this example, we’ll consider a simple strategy where:
Buy signal is generated when the price breaks above resistance.
Sell signal is generated when the price breaks below support.
________________________________________
Warning:
• While this indicator aids in decision-making and risk management, no indicator is 100% accurate.
• Always consider broader market conditions and apply sound risk management techniques.
1. Support and Resistance Basics
Support and resistance are critical concepts in technical analysis:
Support: This is a price level where an asset tends to find buying interest, preventing the price from dropping further.
Resistance: This is a price level where selling pressure tends to increase, preventing the price from rising further.
To detect support and resistance, we typically use methods like pivot points, recent swing highs/lows, or price levels that have repeatedly reversed direction in the past.
2. Buy and Sell Signals
Buy and sell signals are often generated based on certain criteria like:
Price crossing above or below a moving average
Candlestick patterns (like Doji, engulfing)
Breakouts from support/resistance levels
In this example, we’ll consider a simple strategy where:
Buy signal is generated when the price breaks above resistance.
Sell signal is generated when the price breaks below support.
________________________________________
Warning:
• While this indicator aids in decision-making and risk management, no indicator is 100% accurate.
• Always consider broader market conditions and apply sound risk management techniques.
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、subhivarshaに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
________________________________________
Warning:
• While this indicator aids in decision-making and risk management, no indicator is 100% accurate.
• Always consider broader market conditions and apply sound risk management techniques.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、subhivarshaに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
________________________________________
Warning:
• While this indicator aids in decision-making and risk management, no indicator is 100% accurate.
• Always consider broader market conditions and apply sound risk management techniques.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。