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[SignalFI] MACD PrimeWelcome! As part of our continual process to build and enhance trusted existing indicators, we're proud to release MACD Prime to the PRIME series for those traders that rely on the popular divergence mechanics traditional MACD provides. MACD Prime provides a default MACD structure using the popular 12,26 EMAs and a 9 lockback signal line as the core of the indicator's functionality. In this way, you will get a consistent view for what you're use to, but of course we've added additional functionality that can be used to increase the value this view provides when trading. ADDITIONAL Functions: 1) MACD Fast and Slow EMA sources are selectable, thus allowing the user to select OHLC variants as the source input for the 12/26 trendlines. 2) Background Coloring is based on a secondary "Signal" color which be default has been set to 6. This length is configurable, and providing a leading edge to the typical "MACD Cross". Said simply, the background color will change with the trend BEFORE a default MACD cross occurs. This may provide early warning of a MACD cross, and allow for additional entry/exit signals to manifest depending on other confluence with price and trend information. 3) MACD Trend Lines. In accordance with the PRIME series MACD Prime comes bundled with Trend Line support and resistance pivots that provide additional context for how the MACD may act based on a previous and projected trend line information. By default projections are turned off, but can be enabled from within the menu options. These trendlines can be used to spot divergences as well, and can be tuned within the option to increase resolution or decrease noise provided by trend lines. All other standard functions persist, including the typical MACD line, MACD Signal Line, and MACD Histogram. SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and educate market decisions we developed a set of Trading Indicators which are available on TradingView. SignalFI indicators are just that, indicators. Our indicators are generally configured to use completely historical data (negating repaint), and we advise all alerts created with SignalFI indicators to be fired upon "close" of the current candle. Our indicators can provide valuable context and visualization support when performing market analysis and executing buy and sell decisions. However. we are not financial experts, and all information presented on this site or our other media outlets are for educational purposes only.
Pine Script® indicator
by SignalFi
NINJA SCALPERNinja Scalper is the next evolution of the Trade Trend Indicator. I have been trading for over 23 years now and these indicators are based on my trading style risk verse reward. The change in this is to make it more responsive and to integrate with Sword. The background of this indicator is: The original Trade Trend Indicator (indicator) has been the brain child of 23 years of trading experience rolled into a simple to understand all market setup alert system based solely on 5 high probability trade set ups with a 6th high risk. The hope is to provide something that is can assist traders in building confidence in their trades with a little assistance from the indicator. This like any and all indicators is not a be all and end to trading, yes while back tested the indicator has produced fantastic profitable results; past performance is not a guarantee of future but which with human intervention can increase the return result exponentially. You need to be able to chart simple candle sticks and you need to have an understanding of support and resistance areas to make sense of what you are doing in trading otherwise even this indicator won't help you. While this may alert buy or sell / long or short entrance these are to be taken as educational points of reference and if you wish to trade you are understanding that you enter and exit at your own risk. Not many indicators will alert you to the possibility of a rogue wave spike / dump or both, this will but everything is perspective of the time frame you are on. The indicator is designed for the 4hour time frame with trade entry on the 15min and managed on the 30min time frame. Alot can happen within these time frame but as we know not every trader can sit in front of a screen for hours at a time and this let's one trade for swings. Once you have your entry you place your exits and you set your stops. If you wait for the alert to exit you are in a draw down this should never reach that point pay yourself for being right. The some set ups are simple: 1. Trend change from bearish to bullish buys are dip interim support entries. 2. Trend change from bullish to bearish sells are top interim resistance exits. 3. Blue buy is an entry position for a trade. 4. Blue long is an add position for a trade. 5. Red short is just that a short trade idea. (this is advanced and requires a manual cover target), 6. Green buy is a break out over the next candle to print above (highest risk) All trades are based on a 5% to 10% of capital entry with no more than 40% ever in 1 trade goal is many consistent trade wins while limiting the losses and size. Certain set ups such as longs over the Moving Averages but below the cloud can lead to strong rally returns as well as short in a bearish trend just above the Moving Averages can give prolonged selling pressure. Pay attention to the golden dump line as it rises the closer to the candle it gets the higher the risk of the trade lacking continuation. None of this is to be taken as investment advice but rather Edutainment and infotainment #TradeSocially
Pine Script® strategy
by Osirustwits
3
BTC BRAWL NINJA TRADERThe NINJA TRADER was devloped for trading competition higher leverage scalp trading. It is a modified from my Trade Trend Indicator (indicator) has been the brain child of 23 years of trading experience rolled into a simple to understand all market setup alert system based solely on 5 high probability trade set ups with a 6th high risk. The hope is to provide something that is can assist traders in building confidence in their trades with a little assistance from the indicator. This like any and all indicators is not a be all and end to trading, yes while back tested the indicator has produced fantastic profitable results; past performance is not a guarantee of future but which with human intervention can increase the return result exponentially. You need to be able to chart simple candle sticks and you need to have an understanding of support and resistance areas to make sense of what you are doing in trading otherwise even this indicator won't help you. While this may alert buy or sell / long or short entrance these are to be taken as educational points of reference and if you wish to trade you are understanding that you enter and exit at your own risk. Not many indicators will alert you to the possibility of a rogue wave spike / dump or both, this will but everything is perspective of the time frame you are on. The indicator is designed for the 4hour time frame with trade entry on the 15min and managed on the 30min time frame. Alot can happen within these time frame but as we know not every trader can sit in front of a screen for hours at a time and this let's one trade for swings. Once you have your entry you place your exits and you set your stops. If you wait for the alert to exit you are in a draw down this should never reach that point pay yourself for being right. The set ups are simple: 1. Trend change from bearish to bullish buys are dip interim support entries. 2. Trend change from bullish to bearish sells are top interim resistance exits. 3. Blue buy is an entry position for a trade. 4. Blue long is an add position for a trade. 5. Red short is just that a short trade idea. (this is advanced and requires a manual cover target), 6. Green buy is a break out over the next candle to print above (highest risk) All trades are based on a 5% to 10% of capital entry with no more than 40% ever in 1 trade goal is many consistent trade wins while limiting the losses and size. Certain set ups such as longs over the Moving Averages but below the cloud can lead to strong rally returns as well as short in a bearish trend just above the Moving Averages can give prolonged selling pressure. Pay attention to the golden dump line as it rises the closer to the candle it gets the higher the risk of the trade lacking continuation. Made the golden dump line easier to bringing it forward. Changed the trade trend reversal to stand out more as a marker of a trade even when alerts stacked Added a calculation for the alert to recalculate based on the time frame chosen Added a check balance verse the break out buy as to not false alert during the BTC BRAWL CHALLENGE in high risk trade setups Added notification of bullvsbear action to avoid being caught in the BTC BRAWL CHALLENGE Added a take profit reminder based on time frame volume None of this is to be taken as investment advice but rather Edutainment and infotainment //#TradeSocially
Pine Script® strategy
by Osirustwits
Main Trend Alert v1.1*** New Version of Main Trend Alert *** This is an indicator that shows the main trend of and chart (crypto, forex, stock and etc). Good for day trading. - HOW TO USE: When you are on lower timeframe, set the "Main Timeframe" to a higher timeframe from settings. For example: Set "Main Timeframe = 1 Hour" when you are trading on 5 minute chart. * Never trade just based on alerts of this script. Always use it with a system you like. Keep in mind that his script doesn't determine the stop loss and exit point. * NO REPAINTS * Good Luck,
Pine Script® indicator
by aliakbari
1
PpSignal Elder Fisher Trasform The Fisher Transform is a technical indicator created by J.F. Ehlers that converts prices into a Gaussian normal distribution. In this way, the indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. Fisher Transform Trading Applications The Fisher Transform indicator is unbounded, which means extremes can occur for a long time. An extreme is based on the historical readings for the asset in question. For some assets, a high reading may be seven or eight, while a low reading may be -4. For another asset, these values may differ. An extreme reading indicates the possibility of a reversal. This should be confirmed by the Fisher Transform changing direction. For example, following a strong price rise and the Fisher Transform reaching an extremely high level, when the Fisher Transform starts to head lower that could signal the price is going to drop, or has already started dropping. The Fisher Transform frequently has a signal line attached to it. This is a moving average of the Fisher Transform value, so it moves slightly slower than the Fisher Transform line. When the Fisher Transform crosses the trigger line it is used by some traders as a trade signal. For example, when the Fisher Transform drops below the signal line after hitting an extreme high, that could be used as a signal to sell a current long position. As with many indicators, the Fisher will provide many trade signals. Many of these will not be profitable signals. Therefore, some traders prefer to use the indicator in conjunction with trend analysis. For example, when the price is rising overall, use the Fisher Transform for buy and sell signals, but not for short-sell signals. During a downtrend, use it for short-sell signals and ideas on when to cover. The Difference Between The Fisher Transform and Bollinger Bands® These two indicators look very different on a chart, yet both are based on a distribution of asset prices. Bollinger Bands® use a normal distribution in that they use standard deviation to show when the price may be overextended. Fisher Transform uses a Gaussian normal distribution. The Fisher Transform appears as a separate indicator on a price chart, while Bollinger Bands® are overlayed over the price. Limitations of the Fisher Transform Indicator The indicator can be rather noisy at times, even though its intent is to make turning points easier to identify. Extreme readings are not always followed by a price reversal; sometimes the price just moves sideways or reverses only a small amount. What qualifies as extreme can also be hard to judge, since the levels tend to vary over time. Four may be a high level for years, but then readings of eight may start to frequently appear. Looking at all changes in direction on the Fisher Transform can help spot short-term changes in price direction, yet the signal may come too late to capitalize, as many of these price moves may be short-lived. Asset prices are not normally distributed, therefore attempts to normalize prices is inherently flawed and may not produce reliable signals.
Pine Script® indicator
by PpSignal01
2
Cyatophilum Ultimate Trading Bot [ALERTSETUP]Private Indicator. This is an indicator for trading low timeframes . It is generic and configurable meaning you can use it not only on crypto, but also forex, CFD, stocks etc. HOW IT WORKS The user chooses between three powerful base strategies: Bollinger Bands + Stoch RSI, RSI Divergences or the SARMA Strategy . He can also trade support and resistance breakouts , with or without the base strategy. Use the Alert Setup version to trigger entry and exit alerts . You can choose between a set of trend lines that will filter trades that are against the main trend in order to increase profitability. The integrated Trailing Stop Loss will trigger an alert to exit the trade. You can use the Trailing Take Profit with a configurable % deviation. It will also trigger an exit alert. SAMPLE USE CASES XBTUSD 5m BitMEX XBTUSD 15m BitMEX ETHUSD 5m BitMEX ETHUSD 15m BitMEX USD/WTI 1m IDC (Us Dollar/ WTI Crude OIL) Backtest below for BITMEX:LTCZ19 in 15m timeframe. Note: This is the Alert version. You can find the backtest version in my profile. To get access to the indicator, use the link below, thanks for reading!
Pine Script® indicator
by cyatophilum
11
Cyatophilum Ultimate Trading Bot [BACKTEST]Private Indicator. This is an indicator for trading low timeframes . It is generic and configurable meaning you can use it not only on crypto, but also forex, CFD, stocks etc. HOW IT WORKS The user chooses between three powerful base strategies: Bollinger Bands + Stoch RSI, RSI Divergences or the SARMA Strategy . He can also trade support and resistance breakouts , with or without the base strategy. Use the Alert Setup version to trigger entry and exit alerts . You can choose between a set of trend lines that will filter trades that are against the main trend in order to increase profitability. The integrated Trailing Stop Loss will trigger an alert to exit the trade. You can use the Trailing Take Profit with a configurable % deviation. It will also trigger an exit alert. SAMPLE USE CASES XBTUSD 5m BitMEX XBTUSD 15m BitMEX ETHUSD 5m BitMEX ETHUSD 15m BitMEX USD/WTI 1m IDC (Us Dollar/ WTI Crude OIL) Backtest below for BITMEX:LTCZ19 in 15m timeframe. To get access to the indicator, use the link below, thanks for reading!
Pine Script® strategy
by cyatophilum
24
Multi-Exchange Volume (30 Tickers) by kurtsmock + BV + rVolauthor: kurtsmock Fully Customizable ticker set. Up to 30 Tickers. Bitcoin set as default. -- IMPORTANT NOTE: -- 30 Exchanges are a lot. It can take a while to load. You can fully customize this indicator to your liking. Here's how: 1. Load indicator 2. Open Settings 3. Uncheck the switch box for exchanges you want unincluded 4. At the bottom of the settings menu click "Defaults" and hit "Save as Default" 5. To turn them all back on, hit "Reset Settings" in that same "Defaults" menu and click "Save as Default" again. Also, you don't have to use this with Bitcoin. This works with any asset, just change the ticker in the settings. There's a lot going on with this indicator so the following is descriptions and instructions to help you better understand what's going on here. Thanks! Goal: - To provide a mechanism for assets on multiple exchanges to have their volume evaluated together Edge: - Having better and more complete volume information Notes: - The Default Exchanges for this indicator are highest volume bitcoin exchanges, but may contain "fake volume" - Indicator is set for Bitcoin by default. However, you can change the tickers to reflect any asset you want ////// rVol ////// Goal: - To understand how much volume is being executed relative to the same candle on previous days/periods Edge: - Higher rVol implies higher volatility and market interest. - High rVol = higher than average volume . Markets move on volume so higher than average volume indicates increased market activity/volatility - rVol is an indirect measure of active or anticipated volatility Definitions: - rVol: The volume of a period compared to the Average Volume of that same period in past sessions - Important to note it does NOT add up the last 10 (default) candles, but rather the last 10 candles at session intervals. - Example: -- On a Tuesday, 1h chart it will add up the last ten Tuesday, 9:00 am candles, not including the current, active candle. -- It then averages those lookback candles. -- It then plots the percentage relationship between the most recent candle and the average of the lookback candles -- Avg Vol of Lookback candles = 5000, -- Volume of most recent candle = 4000: Output = rVol = 80: -- Volume of most recent candle was 80% of the average volume in the 9 am time period of the last ten Tuesdays in the 9 am, 1h period Notes: - rVol does not add current candle volume into lookback sum. So, you set lookback to be: (not including the current day) - rVol is on a switch. So, if you want to see rVol instead of volume, hit the switch in the settings - If you want to see both, load 2 instances of the indicator. ////// Better-er Volume ////// Goal: To Identify: - When a candle closes at the highest volume * range relative to the lookback period and close > open - When a candle closes at the highest volume * range relative to the lookback period and close < open - When a candle closes at the highest volume / price relative to the lookback period Edge: - Identifies beginnings of price expansion, climax of price expansion, breakouts, pivots, and take profit points on the volume chart Notes: - Based generally on Barry Taylor's "Better Volume" indicator and ideas from Pascal Willain's book "Value in Time." - Better-er Volume rules are applied to both Total Volume or rVol. -- When rVol is displayed Better-er Volume is applied to rVol -- When Total Volume is displayed Better-er Volume is applied to Total Volume // Plot Key: // Green Triangle Up = Often marks the beginning and/or end of price expansion to the upside Red Triangle Up = Often marks the beginning and/or end of price expansion to the downside Yellow Square = High Volume but Tight Range. Implies a Battle of Bulls and Bears. High Liquidity area. Provided Liquidity is not enough to move price. Thick Limit Order Book. Purple Triangle Up or Down = Implies high market participation. Typically at the end of expansion when very significant s/r is hit category: volume Volatility tags: Volume rVol relativevolume Bitcoin cryptocurrency bettervolume Many More Volume Indicators Coming Out Soon!
Pine Script® indicator
by kurtsmock
1
ANN Forecast MACD [Noldo] In this script, I tried to convert ANN MACD to MACD Forecast. It took me quite a while, but it was fun. After selecting the ticker, select the instrument from the menu and the system will automatically turn on the appropriate Forecast MACD system. The system is trained with ANN values ​​of ANN MACD 25 in 1. But because the system is overloaded, only the most popular instruments are left. The others were unfortunately eliminated. The only difference is that it was built on the forecast algorithm of my own creation. The Forecast algorithm is not open-source. The codes are a nice framework for some of my most valuable systems about ANN . (Working on them. ) But I'm never remove this script. You can use it forever for free. As you can see in the presentation, although it is in the same period, it is more accurate and agile than normal MACD. I think even a bar is important in trade. For those who don't see that command,listed instruments with alternative tickers and error rates: WTI : West Texas Intermediate (WTICOUSD , USOIL , CL1! ) Average error : 0.007593 BRENT : Brent Crude Oil ( BCOUSD , UKOIL , BB1! ) Average error : 0.006591 GOLD : XAUUSD , GOLD , GC1! Average error : 0.012767 SP500 : S&P 500 Index ( SPX500USD , SP1! ) Average error : 0.011650 EURUSD : Eurodollar ( EURUSD , 6E1! , FCEU1!) Average error : 0.005500 ETHUSD : Ethereum ( ETHUSD , ETHUSDT ) Average error : 0.009378 BTCUSD : Bitcoin ( BTCUSD , BTCUSDT , XBTUSD , BTC1! ) Average error : 0.01050 GBPUSD : British Pound ( GBPUSD , 6B1! , GBP1!) Average error : 0.009999 USDJPY : US Dollar / Japanese Yen ( USDJPY , FCUY1!) Average error : 0.009198 USDCHF : US Dollar / Swiss Franc ( USDCHF , FCUF1! ) Average error : 0.009999 USDCAD : Us Dollar / Canadian Dollar ( USDCAD ) Average error : 0.012162 SOYBNUSD : Soybean ( SOYBNUSD , ZS1! ) Average error : 0.010000 CORNUSD : Corn ( ZC1! ) Average error : 0.007574 NATGASUSD : Natural Gas ( NATGASUSD , NG1! ) Average error : 0.010000 SUGARUSD : Sugar ( SUGARUSD , SB1! ) Average error : 0.011081 WHEATUSD : Wheat ( WHEATUSD , ZW1! ) Average error : 0.009980 XPTUSD : Platinum ( XPTUSD , PL1! ) Average error : 0.009964 XU030 : Borsa Istanbul 30 Futures ( XU030 , XU030D1! ) Average error : 0.010727 VIX : S & P 500 Volatility Index (VX1! , VIX ) Average error : 0.009999 ES : S&P 500 E-Mini Futures ( ES1! ) Average error : 0.010709 SSE : Shangai Stock Exchange Composite (Index ) ( 000001 ) Average error : 0.011287 XRPUSD : Ripple (XRPUSD , XRPUSDT ) Average error : 0.009803 Extras : - Crossover and crossunder alerts - Switchable barcolor NOTE : Australian Dollar / US Dollar (AUDUSD ) removed due to high average error. (Average error > 0.013 ) Timeframe advice : I suggest you to use that system TF >= 1D My favorite is 1 week bars. (1W) Info about forecast series : www.sciencedirect.com Special thanks : Special thanks to dear wroclai for his great effort .
Pine Script® indicator
by Noldo
BitMex Liquidation & Bankruptcy PlotsThis script was created for the Bull Bear Bots community to help users manage their risk with respect to avoiding the dreaded liquidation emails from BitMex. Colour legend: Dark Green - Liquidation point for Longs Light Green - Bankruptcy point for Longs Dark Red - Liquidation point for Shorts Light Red - Bankruptcy point for Shorts Disclaimer: As BitMex do not publish the exact calculations for liquidation, this should be used as an approximation only as the results are slightly offset to what the official calculator provides. This issue is not unique to this script and if you cross-check all the other online calculators with the official one, you will find the same issue.
Pine Script® indicator
by UnknownUnicorn2092536
ANN MACD : 25 IN 1 SCRIPTIn this script, I tried to fit deep learning series to 1 command system up to the maximum point. After selecting the ticker, select the instrument from the menu and the system will automatically turn on the appropriate ann system. Listed instruments with alternative tickers and error rates: WTI : West Texas Intermediate (WTICOUSD , USOIL , CL1! ) Average error : 0.007593 BRENT : Brent Crude Oil (BCOUSD , UKOIL , BB1! ) Average error : 0.006591 GOLD : XAUUSD , GOLD , GC1! Average error : 0.012767 SP500 : S&P 500 Index (SPX500USD , SP1!) Average error : 0.011650 EURUSD : Eurodollar (EURUSD , 6E1! , FCEU1!) Average error : 0.005500 ETHUSD : Ethereum (ETHUSD , ETHUSDT ) Average error : 0.009378 BTCUSD : Bitcoin (BTCUSD , BTCUSDT , XBTUSD , BTC1!) Average error : 0.01050 GBPUSD : British Pound (GBPUSD,6B1! , GBP1!) Average error : 0.009999 USDJPY : US Dollar / Japanese Yen (USDJPY , FCUY1!) Average error : 0.009198 USDCHF : US Dollar / Swiss Franc (USDCHF , FCUF1! ) Average error : 0.009999 USDCAD : Us Dollar / Canadian Dollar (USDCAD) Average error : 0.012162 SOYBNUSD : Soybean (SOYBNUSD , ZS1!) Average error : 0.010000 CORNUSD : Corn (ZC1! ) Average error : 0.007574 NATGASUSD : Natural Gas (NATGASUSD , NG1!) Average error : 0.010000 SUGARUSD : Sugar (SUGARUSD , SB1! ) Average error : 0.011081 WHEATUSD : Wheat (WHEATUSD , ZW1!) Average error : 0.009980 XPTUSD : Platinum (XPTUSD , PL1! ) Average error : 0.009964 XU030 : Borsa Istanbul 30 Futures ( XU030 , XU030D1! ) Average error : 0.010727 VIX : S & P 500 Volatility Index (VX1! , VIX ) Average error : 0.009999 YM : E - Mini Dow Futures (YM1! ) Average error : 0.010819 ES : S&P 500 E-Mini Futures (ES1! ) Average error : 0.010709 GAZP : Gazprom Futures (GAZP , GZ1! ) Average error : 0.008442 SSE : Shangai Stock Exchange Composite (Index ) ( 000001 ) Average error : 0.011287 XRPUSD : Ripple (XRPUSD , XRPUSDT ) Average error : 0.009803 Note 1 : Australian Dollar (AUDUSD , AUD1! , FCAU1! ) : Instrument has been removed because it has an average error rate of over 0.13. The average error rate is 0.1850. I didn't delete it from the menu just because there was so much request, You can use. Note 2 : Friends have too many requests, it took me a week in total and 1 other script that I'll share in 2 days. Reaching these error rates is a very difficult task, and when I keep at a low learning rate, they are trained for a very long time. If I don't see the error rate at an average low, I increase the layers and go back into a longer process. It takes me 45 minutes per instrument to command artificial neural networks, so I'll release one more open source, and then we'll be laying 70-80 percent of the world trade volume with artificial neural networks. Note 3 : I would like to thank wroclai for helping me with this script. This script is subject to MIT License on behalf of both of us. You can review my original idea scripts from my Github page. You can use it free but if you are going to modify it, just quote this script . I hope it will help everyone, after 1-2 days I will share another ann script that I think is of the same importance as this, stay tuned. Regards , Noldo .
Pine Script® indicator
by Noldo
21
Trend Pulse Pro V2Trend Pulse Pro V2 (Non Repaint) TradingView Account Needed: Free You don't need to be an expert to use Trend Pulse Pro. Just follow the signals and that's all and use simple Fibonacci levels to find stop loss and take profit! You can increase the win rate even more by following some simple technical analysis, for example, when trend breaks (price break signal level) you can use that as support become resistance level (sell) or resistance becomes support (buy): No complex things. No waste of time. And although you won't win 100% of the trades (no signals can guarantee that), your trading will surely improve a lot! Even someone with almost no trading experience can read the simple trading rules given in the included user guide, watch the how-to videos and follow Trend Pulse Pro’s signals to consistently make smarter trades. With Trend Pulse Pro you will get accurate buy and sell signals every time there is a new trading opportunity so that you never miss any big price movements and makes your trading both easier and more profitable. How to use the signals and alerts: Trend Pulse Pro automatically analyze trend and price action to give you a signal when there's a good trade. These trend signals and alerts are derived from live data but the stability of our code allows it to not repaint. Trend Pulse Pro allow you to easily determine the trend and will give you buy and sell entry levels. Works on all markets on all time frames so it's suitable for scalpers, day and swing traders. If you want more details, the link is in the signature. Disclaimer: Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. TradingWalk, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the TradingWalk service and its content. © 2019 TradingWalk. TradingWalk indicators are built for TradingView. TradingWalk is on no way a part of TradingView.
Pine Script® indicator
by tradingwalk
193
AMAAMA is a mixed indicator that includes exponential moving average and support and resistance levels by each candle and gives you the best value to go long or short. it reads the volume as well which you could see it on the background color. once the price closed over the green line then you can make a long order (buy) and the stop loss if the price closed under the red line, and vice versa. the black line is just to make it as additional support and resistance level Long ==> price closed over black and green lines ### stop loss if price closed under the black and red lines short ==> price closed under black and red lines ### stop loess if price closed over the black and green lines. Background refers to the volume movements so if it's green means people are buying and if red means selling. I attached EMA and special moving average indicator so you can make them as support and resistance levels once you see price is closing to one of them.
Pine Script® indicator
by indicator-vip