Predator v2

Candle colors are based upon underlying calculations which can be amended by the user.
i) Light Green (Bullish) / Light red (Bearish): Underlying OBV oscillator with signal overlay indicates entry/exit.
ii) Bright Green (Bullish) / Bright Red (Bearish): Confluence between EMA Cross AND (i); Stronger trend; consider size accordingly.
Stops: Dynamically moves with each candle based upon adjusted ATR.
If stopped out; re-entry at user discretion based on new candle color.
- Added Alerts
- Cosmetics on Stops
NB - Remember to take the option off under settings.
*** IF YOU WANT ACCESS TO THE SCRIPT PLEASE FOLLOW THE LINK IN THE FOOTER/IN MY PROFILE*** it is not always available.
Adjustment to EMA calculation providing earlier confluence to volume-based signals.
- Updated to include a dynamic timeframe setting option which adjusts to the Timeframe selected, ill be updated as additional testing is completed but fully coded from 30 min to 1M.
- Chop detector has been optimized
Aesthetics:
- reduce long / Cash warning changed from Light red to dark red to improve visibility.
The Orange and turquoise candles now flip when there are two confluence bearish/bullish signs.
Chop indicator has now also been hardcoded.
This change to the predator code enhances the combined spot volume function in the underlying code by enabling it for any crypto asset.
Review at any crypto/fiat (not perps or futures) pair with this checkmarked and you will get the combined volume effect in the underlying script.
Edit 2:
Also added on request are chop warnings
Edit 3: Code updated for PS5
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact filbfilb directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact filbfilb directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.