Mbah Mul ReversalInputs:
showCRB1 and showCRB2 are boolean inputs to toggle the display of CRB1 (Bearish Reversal) and CRB2 (Bullish Reversal) signals.
numCandles is an integer input to specify the number of candles to consider.
Historical Data:
The script retrieves the previous candle's open, close, high, and low prices using request.security.
CRB1 (Bearish Reversal):
Checks if the previous candle was bullish (close_prev > open_prev).
Checks if the current high is higher than the previous high.
Checks if the current close is within a specific range or lower than the previous open.
If all conditions are met, it places a "SELL" label above the current high.
CRB2 (Bullish Reversal):
Checks if the previous candle was bearish (close_prev < open_prev).
Checks if the current low is lower than the previous low.
Checks if the current close is within a specific range or higher than the previous open.
If all conditions are met, it places a "BUY" label below the current low.
チャートパターン
Буллтренд ололоsssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss
Pawan's Spectral Cross IndicatorThe Spectral Cross indicator is a mysterious yet highly effective tool designed to help traders navigate market trends by providing Buy and Sell signals based on the crossover of two moving averages: the 50-period and the 100-period simple moving averages (SMA).
Key Features:
Buy Signal: A "Buy" label appears on the chart whenever the 50-period SMA crosses above the 100-period SMA, indicating a potential upward momentum in the market.
Sell Signal: A "Sell" label is displayed when the 50-period SMA crosses below the 100-period SMA, signaling potential downward momentum.
Visual Aesthetics:
The 50-period SMA is represented by a blue line, while the 100-period SMA is depicted in red.
Labels ("Buy" or "Sell") are prominently placed at crossover points for clarity.
Background colors subtly change to green for Buy signals and red for Sell signals to enhance visual guidance.
Performance:
The Spectral Cross indicator has demonstrated a historical profitability of approximately 70%, though actual performance may vary based on market conditions, the chosen timeframe, and trading instruments. It is advisable to use this tool as part of a comprehensive trading strategy.
Disclaimer:
This indicator is for educational and informational purposes only. Trading involves significant financial risk, and past performance does not guarantee future results. Use the Spectral Cross indicator alongside sound risk management and thorough market analysis.
Ideal Users:
The Spectral Cross indicator is best suited for swing and position traders who seek an intuitive and visually clear tool to identify trend reversals and optimal entry/exit points. It can be applied to various assets, including stocks, forex, and cryptocurrencies
Pawan's Spectral Cross IndicatorThe Spectral Cross indicator is a mysterious yet highly effective tool designed to help traders navigate market trends by providing Buy and Sell signals based on the crossover of two moving averages: the 50-period and the 100-period simple moving averages (SMA).
Key Features:
Buy Signal: A "Buy" label appears on the chart whenever the 50-period SMA crosses above the 100-period SMA, indicating a potential upward momentum in the market.
Sell Signal: A "Sell" label is displayed when the 50-period SMA crosses below the 100-period SMA, signaling potential downward momentum.
Visual Aesthetics:
The 50-period SMA is represented by a blue line, while the 100-period SMA is depicted in red.
Labels ("Buy" or "Sell") are prominently placed at crossover points for clarity.
Background colors subtly change to green for Buy signals and red for Sell signals to enhance visual guidance.
Performance:
The Spectral Cross indicator has demonstrated a historical profitability of approximately 70%, though actual performance may vary based on market conditions, the chosen timeframe, and trading instruments. It is advisable to use this tool as part of a comprehensive trading strategy.
Disclaimer:
This indicator is for educational and informational purposes only. Trading involves significant financial risk, and past performance does not guarantee future results. Use the Spectral Cross indicator alongside sound risk management and thorough market analysis.
Ideal Users:
The Spectral Cross indicator is best suited for swing and position traders who seek an intuitive and visually clear tool to identify trend reversals and optimal entry/exit points. It can be applied to various assets, including stocks, forex, and cryptocurrencies
20 EMA Crossover 50 EMA20 EMA & 50 EMA Crossover Strategy
This strategy uses a simple yet effective moving average crossover technique to identify trend changes in the market.
Rules:
A buy signal is triggered when the 20 EMA crosses above the 50 EMA, indicating a bullish trend.
The position is exited (or a sell signal is triggered) when the 20 EMA crosses below the 50 EMA, indicating a bearish trend.
Key Features:
Plots clear buy and sell signals directly on the chart.
Fully customizable EMA lengths to suit different markets and timeframes.
Ideal for trend-following traders seeking to capture sustained price movements.
Pros:
Simple and objective rule-based approach.
Adaptable across multiple asset classes (stocks, forex, crypto, etc.).
Cons:
May generate false signals in sideways markets.
This script allows you to backtest and refine the strategy directly on TradingView, helping traders understand the importance of consistent execution and risk management in achieving long-term success.
How It Works:
Inputs:
The script allows you to adjust the lengths of the fast (20 EMA) and slow (50 EMA) EMAs.
A longCondition is triggered when the 20 EMA crosses above the 50 EMA.
A shortCondition is triggered when the 20 EMA crosses below the 50 EMA.
Entries and Exits:
When longCondition is true, the strategy enters a long position.
When shortCondition is true, the strategy closes the long position.
Plot Signals:
Buy and sell signals are visually marked on the chart with green and red labels.
To Use This:
Copy and paste the script into the Pine Editor in TradingView.
Save and add it to your chart.
Adjust the settings (EMA lengths) as needed.
This script provides a foundation for backtesting and can be expanded to include features like stop-loss, take-profit, or advanced money management rules. Let me know if you'd like to enhance it further!
Doji NattawatSure! Here's a detailed explanation of the Pine Script code in English. This code is designed to detect Doji candles, draw horizontal lines at the open and close prices of these candles, and display the price values near those lines.
Support and resistance
It plot support and resistance levels on the chart, including visualizing dynamic price zones and labeling key levels. It’s highly customizable for different user preferences, allowing the user to toggle zones, set the line styles, and adjust the strength and look of the support and resistance lines.
Key Features of the Script:
Support and Resistance (S/R) Lines:
The script detects key support and resistance levels based on pivot highs (ph) and pivot lows (pl), and plots them as horizontal lines on the chart.
You can control whether the support and resistance lines are shown with solid, dotted, or dashed styles, and adjust their thickness.
Support and Resistance Zones:
If enabled, the script also shows zones around the support and resistance lines. These zones are calculated as a percentage of the highest and lowest levels over a defined period (300 bars).
The width of these zones is adjustable, allowing for greater flexibility based on market volatility.
Strength of Support and Resistance (S/R Strength):
The script uses a strength filter to determine how significant the support or resistance level is. If a level is visited multiple times, it is considered stronger.
The strength is set by the strengthSR variable, where a higher number requires more "touches" for the level to be valid.
Dynamic Expansion of Levels:
The option to expand support and resistance levels allows the levels to extend in both directions on the chart (extend.both), or just to the right (extend.right), creating a clearer view of how the levels interact with current price action.
High-Low Zones:
If enabled, the script draws high-low zones around detected pivot points. These zones are designed to indicate a price range where the market is likely to find support or resistance.
Color Customization:
The user can customize the color for support (colorSup) and resistance (colorRes) levels. These colors help differentiate between support and resistance visually.
Labels for Key Levels:
The script places labels near the support and resistance levels, showing the price of those levels for easy reference. Labels are color-coded based on whether the price is above or below the level, and you can customize their appearance.
High and low levels are clearly marked with labels above and below the respective levels.
Customizable Inputs:
The script includes various user inputs to fine-tune the visualization, such as enabling/disabling support and resistance lines (enableSR), toggling zones on/off (useZones), adjusting zone width (zoneWidth), and modifying the line style (lineStyle).
Additionally, users can choose whether to display only the highest and lowest levels (useHLZones), or extend the support and resistance lines further (expandSR).
How the Script Works:
Identify Pivot Points:
The script detects pivot highs and lows using the built-in ta.pivothigh and ta.pivotlow functions, with a defined lookback period (rb = 10).
These pivots are used to calculate support and resistance levels.
Calculate and Plot Support and Resistance:
When a pivot high or low is detected, the script calculates the potential support or resistance level based on the highest and lowest values over a period (prd = 284).
These levels are then plotted on the chart, and if enabled, zones are drawn around them to visualize potential price ranges.
Dynamic Updates:
As the market evolves, the script dynamically updates these levels. The levels are recalculated based on the most recent pivot points, ensuring the support and resistance levels adjust in real-time.
Zone Creation:
For each detected support and resistance level, the script creates zones above and below the level. These zones are visually highlighted to show the potential range where the market might find support or resistance.
Strength Filter:
The strengthSR variable ensures that the support or resistance level is only marked if it has been touched by the price multiple times, increasing its reliability.
Line and Label Display:
The lines representing support and resistance can be styled with different thicknesses and dashed styles. Additionally, labels displaying the exact price level can be added to highlight the specific price of each support and resistance level.
Conclusion:
This script provides a powerful and flexible way to visualize support and resistance levels on TradingView. By adjusting the parameters, traders can tailor the script to their preferred trading style. The addition of dynamic zones, strength filtering, and labels adds an extra layer of convenience for identifying potential trade opportunities.
Range momentum retestThis script signals you when price is testing the 10MA, whilst there is a long MA and a short MA cross.
Volume-Based RSI Color Indicator with MAsVolume-Based RSI Color Indicator with MAs
Overview
This script combines the Relative Strength Index (RSI) with volume analysis to provide an enhanced perspective on market conditions. By dynamically coloring the RSI line based on overbought/oversold conditions and volume thresholds, this indicator helps traders quickly identify high-probability reversal zones. Additionally, it incorporates short-term and long-term moving averages (MAs) of the RSI for trend analysis, making it a versatile tool for scalping and swing trading strategies.
Key Features
Dynamic RSI Color Coding:
The RSI line changes color based on two conditions:
Overbought/High Volume: RSI is above the overbought threshold (default: 70) and volume exceeds the average volume by a user-defined multiplier (default: 2.0). The line turns red, indicating potential reversal zones.
Oversold/High Volume: RSI is below the oversold threshold (default: 30) and volume exceeds the average volume by the multiplier. The line turns green, suggesting potential buying opportunities.
Neutral Conditions: Default blue color for all other scenarios.
Volume Integration:
Unlike standard RSI indicators, this script incorporates volume data to refine signals, helping traders avoid false signals in low-volume environments.
RSI Moving Averages:
Two moving averages of the RSI (short-term and long-term) provide trend context:
200-period MA: Highlights the long-term trend in RSI values.
20-period MA: Shows short-term fluctuations for quick decision-making.
Both MAs can be calculated using Simple or Exponential methods, giving users flexibility.
Visual Aids:
Horizontal lines at the overbought (70) and oversold (30) levels help define the boundaries of expected price action extremes.
How It Works
The script calculates the RSI over a user-defined length (default: 14).
Volume data is compared to its moving average to determine if it exceeds the user-defined high-volume threshold.
When RSI and volume conditions align, the RSI line is dynamically colored to indicate potential overbought/oversold zones.
The RSI moving averages provide additional context to confirm trends or reversals.
How to Use
Identify Reversal Zones:
Look for green RSI signals in oversold conditions to identify potential buying opportunities.
Look for red RSI signals in overbought conditions to identify potential selling opportunities.
Use Moving Averages for Confirmation:
When the RSI is above its 200-period MA, the long-term trend is bullish; consider only long trades.
When the RSI is below its 200-period MA, the trend is bearish; consider only short trades.
Combine with Other Tools:
This indicator works best when used alongside price action analysis, candlestick patterns, or support/resistance levels.
Originality
This script is unique in combining volume analysis with RSI and RSI-specific moving averages. While many indicators focus on RSI or volume separately, this script marries these two key metrics to filter out weak signals and improve trade decision accuracy.
Chart Recommendations
Clean Chart: Use this indicator on a clean chart without additional overlays for maximum clarity.
Timeframes: Works well on intraday charts (e.g., 5m, 15m) for scalping and on higher timeframes (e.g., 1H, 4H, Daily) for swing trading.
Disclaimer
This indicator is a tool to aid trading decisions and should not be used in isolation. Always consider other factors such as market conditions, news events, and risk management.
Multi-Timeframe Candles HistogramsAt some community members' requests, I have built on the original code to make it a single indicator with the option for users to check off which timeframes they want to be shown. Choices are 1-hour, daily, weekly, and monthly.
I couldn't figure out how to separate each timeframe into its own histogram, so this is the best I can offer at the moment. If any community member wants to take a crack at it, be my guest.
Colors are customizable.
If you have a paid TW account, you can lay it down twice and put the hour and daily on one and the weekly and monthly on the other.
That said, I hope you enjoy this version of this indicator.
R.I.P. Rob Smith, creator of TheStrat.
---
Key Features and Benefits
1. Custom Timeframe Selection:
- Choose from an array of timeframes ranging from minutes to months, giving you complete flexibility in your market analysis.
- Quickly switch between different timeframes (e.g., 1-hour, daily, or weekly) to track continuity across varying levels.
2. Visual Representation of High/Low Markers:
- Enable or disable the display of high and low points to better understand price ranges and reversals.
- These markers allow you to spot key turning points on different timeframes, facilitating better entry or exit decisions.
3. Enhanced Candle Visualization:
- Displays candles with precise price levels aligned to your chosen timeframe, giving a clearer view of price trends.
- Candles are color-coded to reflect price movement, which is customizable by the user.
---
How to Use This Indicator
Monitor Multiple Timeframes Simultaneously:
- Place the indicator on your chart and choose the timeframes you want to follow (e.g., hourly, daily, weekly, monthly).
- For each instance, checkmark the desired timeframes in the menu to ensure that you’re tracking the right period.
Achieve Timeframe Continuity:
- By aligning lower timeframes with higher ones, this tool helps you confirm trends, detect reversals, and avoid trades that go against the broader market movement.
---
Why This Indicator is Valuable for Traders
This tool simplifies a core principle of TheStrat—full timeframe continuity—by visually representing price action across multiple timeframes in a clear and actionable way. It removes the guesswork and helps traders stay in sync with market momentum, regardless of the timeframe they are analyzing.
This solution offers flexibility, clarity, and speed, enabling traders to quickly grasp critical movements and improve decision-making. Whether you are a scalper focusing on intraday moves or a swing trader watching weekly trends, this tool empowers you to maintain alignment with the overall market structure.
In essence, it brings the power of TheStrat to your fingertips by offering precise and easy-to-read visual aids, allowing you to seamlessly apply Rob Smith’s philosophy to your trading.
Doji Detector By NattawatThis indicator is designed to detect Doji candlesticks on your chart and draw horizontal lines at the Open and Close prices of the Doji candlesticks. You can customize the number of bars to wait before drawing these horizontal lines after a Doji is detected. These horizontal lines will help you easily identify and analyze the points where Doji candlesticks occur on your chart.
15m MNQ Strategy IntradayHigh probability intraday trading strategy for the 15min timeframe using EMAs and has Buy/Sell indicators. This is a great strategy for A.I, contact me on Twitter/X.com @28Bamz for any further info.
MDM Customizable 5 EMAAwork in progress for ema students. analysis is my dream to master the market .i wanna gert in when the market reverses and this scrip is the begining of my education.
ELC Indicator**ELC Indicator – Enigma Liquidity Concept**
The ELC Indicator is a cutting-edge tool designed for traders who want to leverage price action and liquidity concepts for high-precision trading opportunities. Unlike conventional indicators that rely purely on trend-following or oscillatory methods, ELC incorporates a unique combination of market structure, Fibonacci retracement levels, and dynamic EMA filtering to detect key buy and sell zones. This original approach helps traders capture the most relevant market movements and anticipate potential reversals with higher confidence.
---
### **What the ELC Indicator Does**
The primary goal of the ELC Indicator is to identify liquidity zones and plot Fibonacci-based levels around detected buy or sell signals. It continuously monitors price action to identify instances where significant liquidity grabs occur, signaled by breakouts beyond recent highs or lows. Once a signal is detected, the indicator plots horizontal lines at key Fibonacci ratios (0%, 25%, 50%, 75%, 100%, 120%, and 180%) to give traders a clear visual framework for potential retracement or extension levels.
Additionally, the indicator includes a dynamic EMA filter, which ensures that buy signals are only triggered when the price is above the EMA and sell signals when the price is below the EMA. This filtering mechanism helps reduce false signals in choppy markets and aligns trades with the broader trend direction.
---
### **Key Features**
1. **Buy & Sell Signals**
- Buy signals are generated when a liquidity grab occurs below the previous low, and the closing price is above the candle body midpoint and the EMA.
- Sell signals are triggered when a liquidity grab occurs above the previous high, and the closing price is below the candle body midpoint and the EMA.
- Visual cues are provided via small upward (green) and downward (red) triangles on the chart.
2. **Fibonacci Levels**
- For each buy or sell signal, the indicator plots multiple horizontal lines at key Fibonacci levels. These levels can help traders set realistic profit targets and stop-loss levels.
- The plotted lines can be customized in terms of style (solid, dotted, dashed) and color (buy and sell line colors).
3. **Dynamic EMA Filtering**
- A customizable EMA filter is integrated into the logic to align trades with the prevailing trend.
- The EMA length is adjustable, allowing traders to fine-tune the indicator based on their trading style and market conditions.
4. **Alert System**
- Alerts can be enabled for both buy and sell signals, ensuring traders never miss an opportunity even when away from the screen.
- Alerts are triggered once per bar, ensuring timely notifications without excessive noise.
5. **Customizable Signal Visibility**
- Traders can toggle the visibility of the last 9 buy and sell signals. When this option is disabled, only the most recent signal is displayed, helping to declutter the chart.
---
### **How to Use the ELC Indicator**
- **Trend Following**: The ELC Indicator works well in trending markets by filtering signals based on the EMA direction. Traders can use the plotted Fibonacci levels to enter trades, set profit targets, and manage risk.
- **Reversal Trading**: The liquidity grab detection mechanism allows traders to capture potential market reversals. By waiting for price retracements to key Fibonacci levels after a signal, traders can enter trades with a favorable risk-to-reward ratio.
- **Scalping & Day Trading**: With its ability to plot key intraday levels and generate real-time alerts, the ELC Indicator is particularly useful for scalpers and day traders looking to exploit short-term market inefficiencies.
---
### **Concepts Underlying the Calculations**
1. **Liquidity Grabs**: The ELC Indicator’s core logic is based on detecting instances where the market moves beyond a recent high or low, triggering a liquidity grab. This often signals a potential reversal or continuation, depending on broader market conditions.
2. **Fibonacci Ratios**: Once a signal is detected, key Fibonacci levels are plotted to provide traders with actionable zones for trade entries, profit targets, or stop-loss placements.
3. **EMA Filtering**: The EMA acts as a dynamic trend filter, ensuring that signals are aligned with the dominant market direction. This reduces the likelihood of entering trades against the prevailing trend.
---
### **Why ELC is Unique**
The ELC Indicator stands out by combining multiple powerful trading concepts—liquidity, Fibonacci ratios, and EMA filtering—into a single tool that provides actionable and visually intuitive information. Unlike traditional trend-following indicators that lag behind price action, ELC proactively identifies key market turning points based on liquidity events. Its customizable features, real-time alerts, and comprehensive plotting of Fibonacci levels make it a versatile tool for traders across various styles and timeframes.
Whether you're a scalper looking for intraday opportunities or a swing trader aiming to capture larger moves, the ELC Indicator offers a robust framework for identifying and executing high-probability trades.
---
### **How to Get Started**
1. Add the ELC Indicator to your chart.
2. Customize the EMA length, line colors, and style based on your preference.
3. Enable alerts to receive real-time notifications of buy and sell signals.
4. Use the plotted Fibonacci levels to plan your trade entries, profit targets, and stop-loss levels.
5. Combine the signals from ELC with your existing market analysis for optimal results.
---
This unique approach makes the ELC Indicator a valuable tool for traders seeking precision, clarity, and consistency in their trading decisions.
Beardy Squeeze Pro (With high compression squeeze alert)Added high compression squeeze alert to the Beardy Squeeze Pro
Supply and Demand RebalancingPlease do not use this rudimentary script to lose money. As far as I can tell it has ZERO EDGE on its own.
Supply and Demand Pattern Detection Script
Overview
This script identifies potential supply and demand zones by detecting a specific double-wick pattern formation. It's designed as an educational tool and research aid for traders interested in price action and supply/demand concepts.
Pattern Detection
Looks for consecutive candles with long wicks (tails) that align with each other
The wicks must be larger than a specified percentile of recent wick lengths
The candle bodies must be relatively small compared to their wicks
Volume and volatility filters can be optionally applied
Higher timeframe trend confirmation is available as an optional filter
Visual Aids
Green triangles appear when a long setup is detected
Red triangles appear when a short setup is detected
Boxes show the risk zone (red) and reward zone (green)
Boxes extend until the trade reaches either its target or stop loss
A performance table shows win rate and profit factor statistics
Key Settings
1. Pattern Detection:
Wick Alignment Tolerance: How closely the wicks need to align
Min Wick Length Percentile: Minimum size requirement for wicks
Max Body/Wick Ratio: Controls maximum candle body size relative to wick
2. Additional Filters:
Volume Filter: Optional volume confirmation
ATR Filter: Optional volatility confirmation
Higher Timeframe Confirmation: Optional trend alignment
3. Trade Parameters:
Risk/Reward Ratio: Default 2:1
Bars to Wait for Outcome: How long to track trade results
Important Disclaimers
This is an educational tool and should NOT be used to trade real money without extensive testing and modification. Please do not use this rudimentary script to lose money. As far as I can tell it has zero edge on its own.
Historical backtesting results are not indicative of future performance. The script may miss some valid setups or generate false signals. Trade outcomes are simplified and don't account for:
Slippage
Trading fees
Market liquidity
Gap risk
Real-world execution challenges
Recommended Usage
Use as a learning tool to understand supply/demand concepts
Practice identifying these patterns manually
Paper trade the setups first
Combine with other forms of analysis and risk management
Consider it one tool among many, not a complete trading system
Best Practices
Always use proper risk management
Test thoroughly on demo accounts first
Keep detailed trading logs
Understand why each pattern forms
Study both winning and losing trades to improve pattern recognition
Remember: No trading script can guarantee profits. This tool is meant for educational purposes and should be part of a broader trading education and development process.
Advanced Strategy with Bollinger, Fibonacci, and ATR MSDBu strateji kısa zaman dilimlerinde trend ve volatiliteyi analiz ederek kısa vadeli işlemler için optimize edilmiştir.
Stratejinin temel unsurları RSI, MACD, EMA, Bollinger bandı, Fibonacci seviyeleri, ATR ile desteklenmiştir
risk yönetimi
Stop-loss ATR'nin 1.5 katı
Take-profit ATR'nin 3 katıdır.
15 dakikalık zaman dilimlerinde en iyi performansı göstermesi için optimize edilmiştir. Hem manuel işlem rehberi hemde otomatik işlem sinyalleri için uygundur.
Candle VolumeThis indicator gives gives candle volume represented in X.Y format for simplicity.
100% = 1.0
20% = 0.2
Anything 10X is represented by an arrow up or down based on candle price delta open to close.
By default, a 500 candle lookback of volume is used excluding exteem outliers of 50.
You can adjust these in settings.
Candle VolumeThis indicator gives gives candle volume represented in X.Y format for simplicity.
100% = 1.0
20% = 0.2
Anything 10X is represented by an arrow up or down based on candle price delta open to close.
By default, a 500 candle lookback of volume is used excluding exteem outliers of 50.
You can adjust these in settings.
反彈三次突破策略策略說明 (Strategy Explanation)
英文 (English)
This strategy is called "反彈三次突破策略" (Three Rebound Breakthrough Strategy). It is designed to identify and trade based on three consecutive price drops followed by a rebound, ensuring certain conditions are met before entering a trade. The key components and conditions of this strategy are as follows:
Moving Averages (MAs):
Fast MA: The short-term moving average (e.g., 5 periods).
Slow MA: The long-term moving average (e.g., 20 periods).
The crossover of these MAs generates buy (long) and sell (short) signals.
Average True Range (ATR):
Used to calculate volatility and set stop-loss and take-profit levels.
Three Consecutive Drops and Rebounds:
The strategy identifies three consecutive drops in price, each creating a new lower low (low1, low2, low3).
After the third drop, the price must rebound and break above the previous low's rebound height.
Parallel Channel:
A parallel channel is drawn between the lowest points (low1 and low3) to visualize the price range.
Two lines (lower and upper) form the channel.
Entry and Exit Conditions:
Entry signals are based on MA crossovers and the three rebound condition.
Stop-loss and take-profit levels are set using ATR-based calculations.
Labels are added to the chart to indicate stop-loss and take-profit points.
中文 (Chinese)
這個策略叫做 "反彈三次突破策略"。其目的是識別並基於三次連續價格下跌後的反彈進行交易,並確保在進行交易之前滿足某些條件。該策略的關鍵組成部分和條件如下:
移動平均線 (MAs):
快速均線:短期移動平均線(例如,5 期)。
慢速均線:長期移動平均線(例如,20 期)。
這些均線的交叉產生買入(做多)和賣出(做空)信號。
真實波動範圍 (ATR):
用於計算波動性並設置止損和止盈水平。
三次連續下跌和反彈:
該策略識別連續三次的價格下跌,每次都創下更低的低點(low1、low2、low3)。
在第三次下跌後,價格必須反彈並突破前一個低點的反彈高度。
平行通道:
在最低點(low1 和 low3)之間繪製平行通道,以可視化價格區間。
兩條線(下邊界和上邊界)形成通道。
進出場條件:
進場信號基於均線交叉和三次反彈條件。
使用基於 ATR 的計算設置止損和止盈水平。
在圖表上添加標籤以指示止損和止盈點。
Sanket_OpThis Pine Script detects and highlights bullish and bearish engulfing candle patterns on the chart. It also plots today's Open, High, Low, and Close (OHLC) values, along with an Exponential Moving Average (EMA) based on user input. The script is designed for visual analysis and can trigger alerts for pattern recognition.
MACD Profitability Dashboard🌟 MACD Profitability Dashboard 🌟
Welcome to the MACD Profitability Dashboard! This powerful indicator is designed to help you make smarter trading decisions by providing key insights into the performance of your MACD-based strategy. Whether you're a beginner or an experienced trader, this tool will give you a clear understanding of how your trades are performing and where you can improve. 🚀
📊 What Does It Do?
This indicator tracks your trades based on MACD crossovers and calculates essential profitability metrics, such as:
Win Rate 🎯
The percentage of winning trades out of all trades taken.
Example: 60% means 6 out of 10 trades were profitable.
Average Profit/Loss 💰
The average profit or loss per trade.
Example:
10
m
e
a
n
s
,
o
n
a
v
e
r
a
g
e
,
e
a
c
h
t
r
a
d
e
m
a
d
e
10means,onaverage,eachtrademade10.
Average Gain 📈
The average profit of your winning trades.
Example:
20
m
e
a
n
s
y
o
u
r
w
i
n
n
i
n
g
t
r
a
d
e
s
m
a
d
e
20meansyourwinningtradesmade20 on average.
Average Loss 📉
The average loss of your losing trades.
Example:
15
m
e
a
n
s
y
o
u
r
l
o
s
i
n
g
t
r
a
d
e
s
l
o
s
t
15meansyourlosingtradeslost15 on average.
Risk-Reward Ratio ⚖️
The ratio of your average gain to your average loss.
Example: 1.33 means you're gaining 1.33 times more than you're losing.
Total Profit 💵
The cumulative profit from all your trades.
Example:
500
m
e
a
n
s
y
o
u
r
t
o
t
a
l
p
r
o
f
i
t
a
c
r
o
s
s
a
l
l
t
r
a
d
e
s
i
s
500meansyourtotalprofitacrossalltradesis500.
🛠️ How to Use It
Add the Indicator
Simply add this script to your TradingView chart.
Customize the Settings
Adjust the MACD parameters (Fast Length, Slow Length, Signal Smoothing) to match your strategy.
Toggle the display options to show or hide the MACD and Signal lines.
Analyze the Dashboard
Look at the Profitability Dashboard in the bottom-right corner of your chart.
Use the metrics to evaluate your strategy's performance and identify areas for improvement.
Make Smarter Trades
Use the Win Rate and Risk-Reward Ratio to assess the effectiveness of your strategy.
Focus on improving your Average Gain and reducing your Average Loss.
💡 Why Use This Indicator?
Clear Insights: Get a quick snapshot of your trading performance.
Data-Driven Decisions: Use real metrics to refine your strategy.
Easy to Use: No complicated setup—just add it to your chart and start analyzing.
Customizable: Adjust the settings to fit your trading style.
🚀 Take Your Trading to the Next Level
With the MACD Profitability Dashboard, you'll have all the tools you need to make informed, data-driven decisions. Whether you're looking to improve your win rate, optimize your risk-reward ratio, or simply track your progress, this indicator has you covered.
Start using it today and see the difference it makes in your trading! 🌟
Happy trading! 💹📊