<< Trading Sign Documents >> (Revision: 1193)
This is a guide for trading timing.
It is not a guarantee of profit.
The Trading Sign script displays a combination of SMAs, trendlines, channel lines, etc., but this combination part is not the core of the script.
These are all about finding resistance and support prices and creating an array.
The concept of this script is to draw the lines automatically by the program, not by discretion, and to show Buy and Sell signs in order to establish a stable trading rule.
'N Theory' is applied to the automatically drawn trendlines.
Interval Multiple:
Specifies the trade interval in multiples.
If you decrease the multiple, the number of trades will increase and the trades will be short term.
If you increase the multiple, the number of trades will decrease and you will be trading in the medium term.
Adjust according to the market atmosphere and your own trading interval.
MA(Fast)(Midd)(Slow):
Specify the SMA period.
Depending on this setting, the trade timing will change.
N Length:
This is the period of time to search for the starting point of a trend line, etc. in the past.
- (Example) When N Length = 100
- The bar position obtained by searching for the lowest price in the 100-bar period is set to Low1.
- The bar position obtained by searching for the highest price in the period up to Low1 is called High1.
- The bar position obtained by searching for the lowest price in the period up to High1 is called Low2.
- The bar position obtained by searching for the highest price in the period up to Low2 is called High2.
- Since the line connecting Low1, High1, Low2, and High2 resembles the shape of N, it is called N Length.
- A trend line is drawn by connecting Low1-Low2 and High1-High2.
- Channel lines are also drawn based on this.
Target Band Multiple:
This is the standard deviation multiple that is used as a guide for the target price for profit booking.
Predict one future:
Specifies whether the trendline, Gann Fan, is calculated using the most recent bar or one previous bar.
Usually, it is calculated with one previous bar to confirm the breakout.
This is used to predict the next day's trade after the market closes.
Show TradingSign:
Toggles between showing and hiding the trading sign.
Show TradingZone:
Toggles between showing and hiding the trading range.
Show TrendLine:
Toggles between showing and hiding the trendline.
See also the explanation of N Length.
Show ChannelLine:
Toggles between showing and hiding the channel line.
Channels are drawn based on the trendline.
+(Channel Multiple):
Allows you to specify an interval based on the slope of the trendline.
The specified range is -3.0 to +3.0.
Normally, the interval is equal (0.25, 0.50, 0.75, 1.00).
It can be set to Fibonacci (0.382, 0.500, 0.618, 1.000) or
It can also be used as an extension (1.0, 1.382, 1.500, 1.618).
Show AngleLine:
Toggles between showing and hiding the Gann Fan.
Plan Range Offset:
This is the number of ticks to extend from resistance and support prices.
Losscut can be adjusted.
Loose TrendLine:
Toggles the rule for drawing trend lines.
Plan Position (Top/Bottom)(Left/Right):
Specifies the display position of the Plan table.
Alert Freq on Bar close:
Toggles the timing of alert notifications.
(True: Alert will be sent after the bar is closed.)
(False: Notify the first time a condition is met)
Alert on *:
Notifies you when to buy or sell.
After setting this, you need to set up the alert dialog in TradingView.
Thank you very much.
リリースノート:
<< Trading Sign Documents >> (Revision: 1197)
The main revisions are as follows.
(1) The Show AngleLine parameter has been removed.
- GANGFAN display function has been removed from support.
(2) The ticker is now shown in the alert message.
The following issues are pending for the future
(1) Improve the Risk/Reward calculation method.
- For Reward calculation, the target price is calculated using standard deviation.
- We plan to exclude the Bollinger Bands display function from support.
(2) PineScript v5 support
- We are currently developing with v4, but we are planning to migrate to v5 scripting at some point.
The main revisions are as follows.
(1) The Show AngleLine parameter has been removed.
- GANGFAN display function has been removed from support.
(2) The ticker is now shown in the alert message.
The following issues are pending for the future
(1) Improve the Risk/Reward calculation method.
- For Reward calculation, the target price is calculated using standard deviation.
- We plan to exclude the Bollinger Bands display function from support.
(2) PineScript v5 support
- We are currently developing with v4, but we are planning to migrate to v5 scripting at some point.
リリースノート:
<< Trading Sign Documents >> (Revision: 1203)
The main revisions are as follows
(1) The calculation method of Risk/Reward has been changed.
- Instead of calculating Reward based on standard deviation, it is now calculated based on the range of variation calculated from 'N Theory'.
- It can be adjusted by multiples of the Reward Multiple parameter.
(2) Target Band Multiple parameter has been changed to Reward Multiple.
(3) Bollinger Band display function is no longer supported.
(4) PineScript v5 is now supported.
The main revisions are as follows
(1) The calculation method of Risk/Reward has been changed.
- Instead of calculating Reward based on standard deviation, it is now calculated based on the range of variation calculated from 'N Theory'.
- It can be adjusted by multiples of the Reward Multiple parameter.
(2) Target Band Multiple parameter has been changed to Reward Multiple.
(3) Bollinger Band display function is no longer supported.
(4) PineScript v5 is now supported.
リリースノート:
-------------------------------------------------------------------
<< Trading Sign Documents >> (Revision: 1208)
The main revisions are as follows.
(1) Reward calculation method has been partially modified.
(2) Removed SMA cross (GC/DC) from entry conditions.
<< Trading Sign Documents >> (Revision: 1208)
The main revisions are as follows.
(1) Reward calculation method has been partially modified.
(2) Removed SMA cross (GC/DC) from entry conditions.
リリースノート:
<< Trading Sign Documents >> (Revision: 1212)
The main revisions are as follows.
(1) Classify and display Reason3 of the entry plan.
- Canvas Breakout (maj) = Breakout of High1 or Low1.
- Canvas Breakout (min) = Breakout of High2 or Low2.
- Technical Breakout = Breakout of other lines.
(2) The width of the trend line has been made thicker.
- The reason for this is that it is difficult to understand when displayed with channel lines.
<< The concept of a canvas >>
- Charts are art.
- In order to create a painting, you need a canvas.
- The range of Low1-High1 is considered to indicate the height of the canvas.
- The period where the trend lines cross is considered to represent the width of the canvas.
- A breakout of High2 or Low2 is called a minor break.
- A breakout at High1 or Low1 is called a major break.
- These two are collectively called a canvas breakout.
The main revisions are as follows.
(1) Classify and display Reason3 of the entry plan.
- Canvas Breakout (maj) = Breakout of High1 or Low1.
- Canvas Breakout (min) = Breakout of High2 or Low2.
- Technical Breakout = Breakout of other lines.
(2) The width of the trend line has been made thicker.
- The reason for this is that it is difficult to understand when displayed with channel lines.
<< The concept of a canvas >>
- Charts are art.
- In order to create a painting, you need a canvas.
- The range of Low1-High1 is considered to indicate the height of the canvas.
- The period where the trend lines cross is considered to represent the width of the canvas.
- A breakout of High2 or Low2 is called a minor break.
- A breakout at High1 or Low1 is called a major break.
- These two are collectively called a canvas breakout.
リリースノート:
<< Trading Sign Documents >> (Revision: 1225)
The main fixes are as follows.
(1) Added Always 5 ChannelLines parameter.
- It will always draw 5 channel lines.
(2) Adjusted the internal trading algorithm.
The main fixes are as follows.
(1) Added Always 5 ChannelLines parameter.
- It will always draw 5 channel lines.
(2) Adjusted the internal trading algorithm.
リリースノート:
<< Trading Sign Documents >> (Revision: 1260)
The main fixes are as follows.
(1) Added Allow entry with contrarian parameter.
- Allows entry with contrarian.
- This refers to a buy entry on a negative bar or a sell entry on a positive bar.
(2) '!' The following was added to the sign
- "Bullish Wait for the Buy sign"
- "Bearish Wait for the Sell sign"
- Each suggests the possibility of a buy/sell sign within 10 bar.
The main fixes are as follows.
(1) Added Allow entry with contrarian parameter.
- Allows entry with contrarian.
- This refers to a buy entry on a negative bar or a sell entry on a positive bar.
(2) '!' The following was added to the sign
- "Bullish Wait for the Buy sign"
- "Bearish Wait for the Sell sign"
- Each suggests the possibility of a buy/sell sign within 10 bar.
リリースノート:
<< Trading Sign Documents >> (Revision: 1265)
The main fixes are as follows.
(1) Added +(Short term trading mode) parameter.
- Short term trading mode.
- Settles trades faster.
The main fixes are as follows.
(1) Added +(Short term trading mode) parameter.
- Short term trading mode.
- Settles trades faster.
リリースノート:
<< Trading Sign Documents >> (Revision: 1319)
The main fixes are as follows.
(1) Added Interest center rate parameter.
- Sets the target median long-term U.S. interest rate.
- Normally 2.0%, but may be changed depending on the times.
(2) Inflation entry added to plan table.
- This indicates Trading Sign view of the trading sentiment.
- This does not change with the symbol selected, but is determined from the US long-term interest rate.
(3) Changed the content of Reason4 shown in the entry plan.
- The content of Reason 4 has been changed from Volatility to Reversal Expectations.
(4) Added "Expect a reversal" to '!' Information.
- It suggests that a reversal is likely to be reached.
The main fixes are as follows.
(1) Added Interest center rate parameter.
- Sets the target median long-term U.S. interest rate.
- Normally 2.0%, but may be changed depending on the times.
(2) Inflation entry added to plan table.
- This indicates Trading Sign view of the trading sentiment.
- This does not change with the symbol selected, but is determined from the US long-term interest rate.
(3) Changed the content of Reason4 shown in the entry plan.
- The content of Reason 4 has been changed from Volatility to Reversal Expectations.
(4) Added "Expect a reversal" to '!' Information.
- It suggests that a reversal is likely to be reached.
リリースノート:
<< Trading Sign Documents >> (Revision: 1357)
The main fixes are as follows.
(1) The "Inflation" item in the plan table has been changed to "IR Env."
- The Buy:Sell value is calculated from the correlation coefficient between the level of long-term interest rates and the ticker symbol.
- The sentiment of TradingSign remains the same.
(2) Removed "Color(Target Band)" parameter.
The main fixes are as follows.
(1) The "Inflation" item in the plan table has been changed to "IR Env."
- The Buy:Sell value is calculated from the correlation coefficient between the level of long-term interest rates and the ticker symbol.
- The sentiment of TradingSign remains the same.
(2) Removed "Color(Target Band)" parameter.
リリースノート:
<< Trading Sign Documents >> (Revision: 1372)
The main fixes are as follows.
(1) The minimum value of N Length has been changed from 25 to 5.
(2) Buy/Sell signs are now color-coded.
- Signs in Observation color may be signs that are not in line with the interest rate environment (IRE).
- It may be a high-risk entry.
- However, it could also be an opportunity.
The main fixes are as follows.
(1) The minimum value of N Length has been changed from 25 to 5.
(2) Buy/Sell signs are now color-coded.
- Signs in Observation color may be signs that are not in line with the interest rate environment (IRE).
- It may be a high-risk entry.
- However, it could also be an opportunity.
リリースノート:
<< Trading Sign Documents >> (Revision: 1460)
The main fixes are as follows.
(1) Plan creation specifications have been changed.
- The calculation methods for Entry, Losscut, Target, Risk, and Reward have been changed.
- Also, depending on the ticker symbol, the "Plan range offset" parameter may need to be adjusted.
(2) The "Reward multiple" parameter has been removed.
(3) The "Show HorizontalChannel" parameter has been added.
- This parameter is used to show/hide the prices that can be used as a basis for creating a buy/sell plan.
(4) "Color(HorizontalChannel)" has been added.
The main fixes are as follows.
(1) Plan creation specifications have been changed.
- The calculation methods for Entry, Losscut, Target, Risk, and Reward have been changed.
- Also, depending on the ticker symbol, the "Plan range offset" parameter may need to be adjusted.
(2) The "Reward multiple" parameter has been removed.
(3) The "Show HorizontalChannel" parameter has been added.
- This parameter is used to show/hide the prices that can be used as a basis for creating a buy/sell plan.
(4) "Color(HorizontalChannel)" has been added.
リリースノート:
<< Trading Sign Documents >> (Revision: 1490)
The main fixes are as follows.
(1) The spacing of diagonal channel lines is now fixed at equal intervals.
(2) Default spacing of horizontal channel lines changed.
(3) Horizontal channel line specifications have been changed.
(4) The parameter "Predict one future" has been changed to "Through Length".
- The number of bars specified in "Through Length" is calculated through.
- This is a parameter that is paired with N Length.
The main fixes are as follows.
(1) The spacing of diagonal channel lines is now fixed at equal intervals.
(2) Default spacing of horizontal channel lines changed.
(3) Horizontal channel line specifications have been changed.
(4) The parameter "Predict one future" has been changed to "Through Length".
- The number of bars specified in "Through Length" is calculated through.
- This is a parameter that is paired with N Length.
リリースノート:
<< Trading Sign Documents >> (Revision: 1519)
The main fixes are as follows.
(1) The following parameters have been removed
- "HChannel multiple"
- "Always 5 ChannelLines"
- "Loose TrendLine"
- These settings are now fixed and cannot be changed.
(2) Conditions for displaying buy and sell signs have been changed.
- "Vol multiple" parameter has been added.
- Follow-through decisions are now made with reference to volume.
- In addition, the follow-through decision is now influenced by the interest rate environment (IRE).
The main fixes are as follows.
(1) The following parameters have been removed
- "HChannel multiple"
- "Always 5 ChannelLines"
- "Loose TrendLine"
- These settings are now fixed and cannot be changed.
(2) Conditions for displaying buy and sell signs have been changed.
- "Vol multiple" parameter has been added.
- Follow-through decisions are now made with reference to volume.
- In addition, the follow-through decision is now influenced by the interest rate environment (IRE).
リリースノート:
<< Trading Sign Documents >> (Revision: 1535)
The main fixes are as follows.
(1) The following parameters were removed
- "+ (Allow entry with contrarian)"
- "+ (Short term trading mode)"
(2) The "Trading style" parameter was added.
- Active Growth: for short term trading and allows contrarian entry.
- Passive Growth: Suitable for short term trading.
- Active Value: Suitable for mid-term trades.
- Passive Value: for mid-term trades, restricting entry above the IR Env. line.
(3) Added "Show IR Env. line" parameter.
- Displays a line showing the IR Env. level calculated in the Interest Rate Environment (IRE).
(4) '!' The sign has been changed.
- Delete: "Wait for the Buy sign"
- Delete: "Wait for the Sell sign"
- Added: "Follow through"
The main fixes are as follows.
(1) The following parameters were removed
- "+ (Allow entry with contrarian)"
- "+ (Short term trading mode)"
(2) The "Trading style" parameter was added.
- Active Growth: for short term trading and allows contrarian entry.
- Passive Growth: Suitable for short term trading.
- Active Value: Suitable for mid-term trades.
- Passive Value: for mid-term trades, restricting entry above the IR Env. line.
(3) Added "Show IR Env. line" parameter.
- Displays a line showing the IR Env. level calculated in the Interest Rate Environment (IRE).
(4) '!' The sign has been changed.
- Delete: "Wait for the Buy sign"
- Delete: "Wait for the Sell sign"
- Added: "Follow through"
リリースノート:
<< Trading Sign Documents >> (Revision: 1542)
The main fixes are as follows.
(1) '!' Signature has been changed.
- Added: "Buying climax"
- Added: "Selling climax"
(2) Conditions for displaying buy/sell signs have been changed.
- '!' The sign now affects the close.
The main fixes are as follows.
(1) '!' Signature has been changed.
- Added: "Buying climax"
- Added: "Selling climax"
(2) Conditions for displaying buy/sell signs have been changed.
- '!' The sign now affects the close.
リリースノート:
<< Trading Sign Documents >> (Revision: 1556)
The main fixes are as follows.
(1) Changed the display method of "Show IR Env. line" to plot instead of line display.
(2) When "Show HorizontalChannel" is displayed, the percentage of rise of the base line, which is displayed in gray, is now shown.
- If the base line is rising, a rise of 30% or more is displayed in yellow.
- If the base line is falling, a fall within -12% to -33% will be displayed in blue.
- This corresponds to the condition of the left half of the cup-with-handle.
The main fixes are as follows.
(1) Changed the display method of "Show IR Env. line" to plot instead of line display.
(2) When "Show HorizontalChannel" is displayed, the percentage of rise of the base line, which is displayed in gray, is now shown.
- If the base line is rising, a rise of 30% or more is displayed in yellow.
- If the base line is falling, a fall within -12% to -33% will be displayed in blue.
- This corresponds to the condition of the left half of the cup-with-handle.
リリースノート:
<< Trading Sign Documents >> (Revision: 1560)
Minor fixes.
Minor fixes.