True Barcolor

2021年10月5日

Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.

Conditions used:

• Relative closing price
  
• Relative volume against previous bar and overall moving average of volume
  
• Volume analysis
  
• Trend analysis
  
  

https://www.tradingview.com/x/WTpg7g9S/

2021年10月19日

發行說明

Updated to version 5

2021年10月26日

發行說明

Trailing stoploss is added in the script to highlight when to minimize the risk and Improve R:R ratio

2021年10月26日

發行說明

Limited number of Trailing stoploss lines display period.

2021年10月26日

發行說明

Trend reversal must be confirmed by closing above or below trailing Stoploss

2021年10月31日

發行說明

Tutorial for the script added along with the the scenario like supertrend

2021年11月16日

發行說明

Indicator name change

*potential entry points added

*reversal signals are added for profit booking

2022年10月5日

發行說明

Few updates on stoplosses !!

2022年10月8日

發行說明

Trailing SL updated