INVITE-ONLY SCRIPT

Wizard Chronos Indicator 3.0

17

Once the script is added to the chart, you can configure it via the settings panel:

Open Settings:

Hover over the indicator's name in the chart's top-left corner and click the gear ⚙️ icon.
Adjust Parameters:

Set lengths for SMA, EMA, and ATR.
Choose whether to show ATR bands and adjust the multiplier.
Set volume thresholds for buy and sell signals.
Customize the trendline length and box threshold (number of bars).
Adjust colors for each visual element, such as SMA, EMA, ATR bands, boxes, and highlights.
Analyze Signals
Buy Signals:
Green triangles appear below bars when the price is above SMA and EMA, volume is high, and ATR conditions are met.
Sell Signals:
Red triangles appear above bars under opposite conditions.
Monitor ATR Bands
The indicator plots upper and lower ATR bands around the EMA, helping visualize volatility-based price thresholds.
Observe Highs, Lows, and Boxes
Trendlines:
The highest high and lowest low over the specified trendline length are plotted as horizontal lines.
Boxes:
Persistent highs and lows are highlighted with boxes if they remain significant beyond the threshold number of bars.
Alerts for Buy/Sell Signals
You can set up alerts to notify you when buy or sell signals are triggered:

Open the Alerts Panel:
Click the clock icon in the TradingView toolbar.
Create Alert:
Select the indicator and choose "Buy Alert" or "Sell Alert."
Customize Alert:
Configure notifications to send an email, pop-up, or SMS.
Strategy Applications
This indicator can be used for:

Trend Analysis: Visualize SMA and EMA relationships and use ATR bands for volatility insights.
Signal-Based Trading: Use buy/sell signals as part of your entry/exit strategy.
Volume Filtering: Focus on periods of high activity for signal validation.
Support/Resistance: Leverage trendlines and boxes for identifying key price levels.

"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."

https://www.wizardtrends.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.