TradingView
syedosman341
Apr 24, 2021 12:56 AM

KJ Magic 

NSE:NIFTY5
Nifty 50 IndexNSE

Description

⋅
Trend Magic consists of two main calculation parts as momentum and volatility:

First part is ATR based (like ATR Trailing Stop) logic, second part is all about CCI which also determines the color of Trend Magic.
Blue: when CCI is positive
Red: when CCI is negative

Also added alert condition regarding price crosses :
when LOW CrossesAbove TM
and HIGH CrossesBelow TM

Release Notes

⋅
Trend Magic consists of two main calculation parts as momentum and volatility:

First part is ATR based (like ATR Trailing Stop) logic, second part is all about CCI which also determines the color of Trend Magic.
Blue: when CCI is positive
Red: when CCI is negative

Also added alert condition regarding price crosses :
when LOW CrossesAbove TM
and HIGH CrossesBelow TM
Trend Analysis
Comments
fibonacci69
⋅
suspect syedosman341 KJ Magic !!!
This is trend magic, Feb 14, 2021, KivancOzbilgic
lasher_productions
⋅
Nice job, CCI its an old favorite of mine, its great to see it being use in a creative way!
Jay1919
⋅
Script looks great. Can it be used on all time frames?
syedosman341
⋅
@Jay1919, try it and let me know..
abhi5416
⋅
@Jay1919, yes
More