Smart Target
This is the first forward-looking indicator on TradingView!
A normal moving average indicator will use two averages of differing lengths, referred to as “fast and slow” or “short and long” moving averages, to identify trends and potential trades.
The Smart Target indicator uses the average trade profitability and trade duration of a moving average strategy to determine a forward-looking target that is specific to the chart that it has been applied to.
Every historical trade is considered when the indicator determines the future price target of an asset and the accuracy will improve with time as new trade data is continually introduced.
Indicator Utility
If the fast-moving average crosses above the slow, a blue target will appear.
A red target will appear when the fast-moving average crosses below the slow.
The target will never change once it has been plotted and will not repaint in any way which means that it is fully functional for trading in real-time.
Input Values
The period length of the two moving averages will need to be determined by the user and can be changed in the indicator settings panel.
View the full documentation on this indicator at this link: kenzing.com
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact GrantPeace 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
Warning: please read our guide for invite-only scripts before requesting access.
kenzing.com
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact GrantPeace 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
Warning: please read our guide for invite-only scripts before requesting access.
kenzing.com