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KCP MMA Trend [Dr.K.C.PRAKASH]
KCP MMA Trend [Dr.K.C.PRAKASH]
⚙️ Core Logic:
This indicator uses two custom Modified Moving Averages (MMAs) — named KCP 1 and KCP 2 — to track market momentum and identify trend changes.
When the faster average (KCP 1) moves above the slower one (KCP 2), it indicates upward momentum.
When KCP 1 moves below KCP 2, it signals downward momentum.
📈 Crossover Signals:
BUY Signal: Triggered when KCP 1 crosses above KCP 2, showing a possible shift to a bullish trend.
SELL Signal: Triggered when KCP 1 crosses below KCP 2, showing a possible shift to a bearish trend.
🎨 Chart Display:
KCP 1 is plotted as an orange line.
KCP 2 is plotted as a blue line.
Crossovers are visually highlighted with BUY and SELL labels on the price chart for easy interpretation.
🔔 Alerts:
Two alert conditions are included:
Buy Alert: “KCP 1 crossed ABOVE KCP 2”
Sell Alert: “KCP 1 crossed BELOW KCP 2”
These can be linked to TradingView alerts for real-time notifications.
🧩 Purpose:
The indicator is designed to identify trend direction and reversals clearly and simply, without requiring any manual settings or inputs.
It helps traders capture early entries and exits by following clean crossover-based momentum shifts.
⚙️ Core Logic:
This indicator uses two custom Modified Moving Averages (MMAs) — named KCP 1 and KCP 2 — to track market momentum and identify trend changes.
When the faster average (KCP 1) moves above the slower one (KCP 2), it indicates upward momentum.
When KCP 1 moves below KCP 2, it signals downward momentum.
📈 Crossover Signals:
BUY Signal: Triggered when KCP 1 crosses above KCP 2, showing a possible shift to a bullish trend.
SELL Signal: Triggered when KCP 1 crosses below KCP 2, showing a possible shift to a bearish trend.
🎨 Chart Display:
KCP 1 is plotted as an orange line.
KCP 2 is plotted as a blue line.
Crossovers are visually highlighted with BUY and SELL labels on the price chart for easy interpretation.
🔔 Alerts:
Two alert conditions are included:
Buy Alert: “KCP 1 crossed ABOVE KCP 2”
Sell Alert: “KCP 1 crossed BELOW KCP 2”
These can be linked to TradingView alerts for real-time notifications.
🧩 Purpose:
The indicator is designed to identify trend direction and reversals clearly and simply, without requiring any manual settings or inputs.
It helps traders capture early entries and exits by following clean crossover-based momentum shifts.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。