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Kings Strategy
Kings Strategy – Alligator + Divergent Bars + King Candle Pattern
Overview
The KINGS Strategy is a multi-factor price action indicator that combines:
Alligator Moving Averages for trend context
Divergent Bars detection for potential reversal zones
King Candle Pattern for momentum slowdown confirmation
This unified tool provides both a trend filter and a reversal trigger directly on the chart.
How It Works
1. Alligator Indicator (Trend Context)
Uses Jaw (13), Teeth (8), and Lips (5) moving averages.
Moving average type is fully selectable: SMA, SMMA, EMA, RMA, WMA, VWMA.
The alignment of Jaw, Teeth, and Lips shows whether the market is in a sleep phase (no clear trend) or a wake phase (active trend).
2. Divergent Bars (DB) Detection
Up Divergent Bar forms when price stays below Alligator lines and retests prior lows.
Filtration modes:
No filter – basic detection
Medium filter – improved accuracy using additional low-checks
High filter – strict conditions with Alligator line alignment confirmation
3. King Candle Pattern
Previous candle must be strongly bearish (body ≥ 70%)
Current candle must have a small body (10%–30% of full range)
Indicates momentum loss and possible reversal
4. Combined Signal
A final signal appears only when both conditions align:
Up Divergent Bar
KING Candle Pattern
Plotted on the chart as a KING label and ▲ arrow
How to Use
Trend confirmation: Use Alligator lines as a trend filter.
Signal confirmation: Consider entries only when the combined KING signal matches the broader trend.
Best suited for swing trades or filtered scalps: Medium/High filtration reduces false positives.
Avoid non-standard charts: Heikin Ashi, Renko, Kagi, P&F, or Range charts give unrealistic backtest/alert results.
Important Notes
This indicator is not a guaranteed profit system.
Always combine with risk management, volume analysis, and confirmation tools.
Past performance does not guarantee future results.
The script is designed for educational and strategy-development purposes only.
Overview
The KINGS Strategy is a multi-factor price action indicator that combines:
Alligator Moving Averages for trend context
Divergent Bars detection for potential reversal zones
King Candle Pattern for momentum slowdown confirmation
This unified tool provides both a trend filter and a reversal trigger directly on the chart.
How It Works
1. Alligator Indicator (Trend Context)
Uses Jaw (13), Teeth (8), and Lips (5) moving averages.
Moving average type is fully selectable: SMA, SMMA, EMA, RMA, WMA, VWMA.
The alignment of Jaw, Teeth, and Lips shows whether the market is in a sleep phase (no clear trend) or a wake phase (active trend).
2. Divergent Bars (DB) Detection
Up Divergent Bar forms when price stays below Alligator lines and retests prior lows.
Filtration modes:
No filter – basic detection
Medium filter – improved accuracy using additional low-checks
High filter – strict conditions with Alligator line alignment confirmation
3. King Candle Pattern
Previous candle must be strongly bearish (body ≥ 70%)
Current candle must have a small body (10%–30% of full range)
Indicates momentum loss and possible reversal
4. Combined Signal
A final signal appears only when both conditions align:
Up Divergent Bar
KING Candle Pattern
Plotted on the chart as a KING label and ▲ arrow
How to Use
Trend confirmation: Use Alligator lines as a trend filter.
Signal confirmation: Consider entries only when the combined KING signal matches the broader trend.
Best suited for swing trades or filtered scalps: Medium/High filtration reduces false positives.
Avoid non-standard charts: Heikin Ashi, Renko, Kagi, P&F, or Range charts give unrealistic backtest/alert results.
Important Notes
This indicator is not a guaranteed profit system.
Always combine with risk management, volume analysis, and confirmation tools.
Past performance does not guarantee future results.
The script is designed for educational and strategy-development purposes only.
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このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
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保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。