™TradeChartist Tantalizer Pro is an extensive set of trading Indicators, Signal generators and Utilities all packed into 1 script. The script's visually appealing design and its functionality offers a pleasing experience for the users, thereby complementing their analysis and helps understand asset's price action better.
What does ™TradeChartist Tantalizer Pro do?
1. MA Tantalizer plots Moving Averages Tantalizer (Fishnet or Tantalized) based on user selection from a dropdown of 10 MAs (SMA, EMA, Zero-Lag EMA, SMMA, WMA, DEMA, TEMA, VIDYA (Variable Index DYnamic Average), T3 MA (developed by Tim Tillson featured in his article "Better Moving Averages" in 1998), Modified T3 MA). If length input is 10, Tantalizer plots 20 MA plots ranging from 10 MA to 200 MA. The Tantalized MAs help the traders to visually spot price trends and along with other indicators within the script, helps make an informed trade decision. 20 MA plots can be individually plotted or hidden from the indicator settings.
2. Plots two MAs based on user input length and timeframe which helps detect MA crosses as shown below.
3. Generates Intensity framework based Signals with recommended Stop Loss (trails with Equilibrium Line) along with Intensity Bands plot. (disables MA Tantalizer)
4. Plots Intensity candles to help spot trend and trend changes.
5. Generates TradeChartist's Rubicon framework based signals with recommended Stop Loss (trails and reverses trade when closes below or above, based on trade direction) along with Rubicon Environment plot.
6. Offers RSI color candles, Automatic Levels Generator in the toolkit to help traders visually spot RSI changes and Support/Resistance levels on chart. RSI Color Candles is a very helpful tool especially in spotting price trends on Heikin Ashi charts.
The sheer number of interesting things that can be done with this script from plotting visually engaging MA Tantalizer, detecting MA crosses not just on chart Timeframe, but also crosses between MAs of different timeframes, switching between Rubicon and Intensity environments, switching between RSI and Intensity color candles to plotting Support/Resistance levels using Automatic Levels Generator, makes this script quite versatile and a real Tantalizer.
This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to the indicator before deciding to take lifetime access to this script)
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Added: Option to plot Rubicon and Intensity Frameworks without Signals