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Volume Spread Analysis IchimokuThis version of the popular Ichimoku indicator is modified to let the user choose between his classic mode and the volume-weighted mode. Every line of the indicator is customizable with this function. The Kijun and Tenkan lines are choosable from: 1. The normal version, so the average of the high and the low of the selected period 2. The volume mode, so the average price of the selected input ponderated to the volume The Senkau Span A is the average from the Kijun (fast line) and the Tenkan (slow line) lines and it's choosable from: 1. The normal price version 2. The volume mode 3. The average between points 1 and 2 4. The automatic average between the two fast lines that you've chosen The Senkau Span B is the slowest line of the indicator, used to determine the long-term trend, and can be chosen from: 1. The normal average price between the high and the low of the selected period 2. The volume average price, using the Volume Weighted Moving Average The Trama Backline is the popular "LUX Algo" T.R.A.M.A. indicator, which I'm thankful for, and can be fantastically used to display the current trend strength and condition. This line is readable in the following way: - If the line is moving sideways, the trend may be in a consolidation phase - If the line is moving upwards or downwards, the trend may be in a trend phase
Pine Script®指標
由OmegaTools提供
3
Ichimoku VariationsThe Ichimoku cloud is traditionally constructed from the highest high and lowest low for a number of periods. This script allows for it to be transformed and calculated like more traditional moving averages (e.g. simple moving average, exponential moving average). Since the Ichimoku is normally a system of moving average-like lines, maybe someone out there will learn something from being able to switch to sma, ema, etc etc. In general, I think no TA indicator is a magic bullet, and you should just use what you like! Credit: This script utilizes the "Color Gradient Framework" tutorial by LucF (PineCoders) to create gradient visuals, which are also customizable for the user. Recommended modes: default SMA EMA SMMA WMA VWMA Tillson T3 Not Recommended (These moving averages are too fast, and probably will require adjusting settings to something like the 20-60-120-30 to make more sense): HMA EHMA TEMA ALMA LSMA
Pine Script®指標
由animecummer提供
Ichimoku 2 sets of settings, markers and alertsThis is my take on the masterful, beautiful and powerful Ichimoku. It comes with: - 2 sets of settings you can flip between, - 5 types of markers: --- Tenkan/Kijun crosses, --- Price (close)/Tenkan crosses, with the option of only showing those occurring with the trend, so on pullbacks, --- Price (close) exits out of the Kumo, --- Chikou exits out of the Kumo, --- Overbought/Oversold conditions (shown on the chart). - Choice of showing only long or short markers, - Coloring of bars using OB/OS conditions, - Alerts on all markers and on combinations. The markers are intended as indications—not bulletproof buy/sell signals. The overbought/oversold conditions are detected when the high/low is a multiple of ATR away from Kijun. The ATR length and multiple used are configurable. I normally use the Josh Olszewicz (CarpeNoctom) big settings, so those are the default. I prefer subtle coloring on charts and my choice of colors reflects that. You will see references to KumoA and KumoB in the names of inputs and style elements. For me, KumoA is the top of the Kumo when it is bullish, so the bottom when bearish. As usual when creating alerts, be sure you already have defined proper inputs and that you are on the intended interval, as they will be used when triggering alerts.
Pine Script®指標
由LucF提供
5
Options Series - Supertrend, HalfTrend, Ichimoku Cloud and P_SAR➤ Supertrend: ➤ HalfTrend: ➤ Ichimoku Cloud: ➤ Parabolic SAR: ⭐ Overview and How It Works: This script combines multiple popular technical indicators—Supertrend, HalfTrend, Ichimoku Cloud, and Parabolic SAR—into a single, cohesive tool for analyzing price trends and reversals. Designed for traders who prefer multi-layered confirmation, it displays non-overlay signals in a candlestick format, helping users make sense of intricate market dynamics. It also includes a "Master Candle" condition, which aggregates the signals from all indicators, providing a powerful snapshot of market sentiment. References for study, Supertrend and HalfTrend and Ichimoku Cloud and Parabolic SAR ⭐ Key Features and Functionality: The script integrates four indicators and visually represents them in a non-overlay fashion, meaning that each indicator's signal appears on separate candlestick layers. It uses color coding to differentiate between bullish and bearish signals. The Master Candle is a unique feature that aggregates the signals from all indicators to show the overall sentiment. Supertrend: It uses ATR and a multiplier factor to create a trailing stop, identifying bullish and bearish trends. HalfTrend: It analyzes market volatility that provides buy and sell signals based on volatility channels and historical highs and lows. Ichimoku Cloud: It leverages historical highs and lows to form the conversion and baseline, which are compared to assess market strength. Parabolic SAR: A stop-and-reverse system that highlights potential reversals. It is based on time and price, offering traders potential reversal points. Master Candle: It computes a score based on the confluence of all four indicators, adding another layer of confirmation. 🎨 Visualizations and User Experience: The script's user interface is highly visual, with color-coded candlesticks plotted across multiple layers. Each indicator has its own color coding for bullish and bearish signals, ensuring clarity: ➤ Green for bullish signals. ➤ Red for bearish signals. ➤ Each candlestick layer represents a different indicator (e.g., Supertrend, HalfTrend, etc.), making it easy for the trader to isolate and interpret signals. ➤ The "Master Candle" provides an overarching view of the market by displaying a consolidated signal, which can reduce confusion from mixed indicator signals. ⭐ Settings and Customization: The script is highly customizable, allowing users to adjust the settings for each indicator. Key customizable parameters include: • Supertrend ATR Period and Factor • HalfTrend Amplitude and Channel Deviation • Ichimoku Conversion, Base, and Lagging Span Periods • Parabolic SAR Start, Increment, and Maximum value Additionally, users can toggle the visibility of each indicator and customize the look of the plot to suit their preferences. ⭐ Uniqueness of the Concept: No repaints. This is the advanced representation and the combination of multiple indicators into a single script, along with a powerful "Master Candle" that aggregates them, makes this tool unique. Most scripts provide isolated indicator signals, while this one brings together four powerful indicators and visually simplifies the analysis. The non-overlay style and color-coded candlesticks offer traders an easy-to-understand, actionable visual cue, which stands out from traditional indicator overlays. 🚀 Conclusion: This script is a comprehensive, multi-indicator trading tool suitable for traders looking for reliable trend-following and reversal detection. Its ability to provide an aggregated "Master Candle" signal reduces noise and aids in better decision-making. Customization options allow users to tailor it to their trading style, while its clear visualizations provide an excellent user experience.
Pine Script®指標
由Options_Series提供
17
Options Series - Ichimoku Cloud and HalfTrend The provided script combines two powerful technical indicators, Ichimoku Cloud and HalfTrend, to create a hybrid trading tool. Here's an analysis of the key components and how they work together: Ichimoku Cloud and HalfTrend ⭐ 1. Indicator Title and Settings: The script sets the title as "Options Series - Ichimoku Cloud and HalfTrend" and uses the overlay=true option to display the indicators directly on the price chart. ⭐ 2. Color Definitions: Several colors are defined for later use: Green and Red for different types of candles and signals. Fluorescent Colors for highlighting significant trends or changes in market conditions. ⭐ 3. Ichimoku Cloud Setup: The Ichimoku Cloud is a comprehensive indicator used to identify support, resistance, and trend direction. Here’s how the script configures it: Conversion Periods, Base Periods, Lagging Span 2 Periods, and Displacement are customizable via input options, giving flexibility to adjust Ichimoku settings based on different market conditions. The function donchian(len) calculates the Donchian Channel average, which is used to define the Conversion Line and Base Line. The crossover of these lines is crucial in determining bullish or bearish trends. Color Logic for Kijun Cross: If the Conversion Line is above the Base Line, the trend is bullish (green color), while a bearish trend is indicated by red. A neutral condition is marked with orange. ⭐ 4. HalfTrend Indicator Setup: The HalfTrend indicator detects trend reversals based on high/low price deviations from a moving average: Amplitude and Channel Deviation inputs allow users to control the sensitivity of the indicator. showArrows and showChannels toggle the display of buy/sell arrows and trend channels. maxLowPrice and minHighPrice variables are initialized to track significant high/low points during the trend, used to confirm trend reversals. ⭐ 5. ATR and Trend Calculations: The Average True Range (ATR) is used to calculate the volatility-based channels. The script calculates atr2 and uses this to create atrHigh and atrLow for plotting the channel. The trend detection logic is as follows: When the trend is upward, the script seeks confirmation by comparing the high moving average with previous lows, signaling a continuation of the uptrend if it holds. Conversely, a downtrend is confirmed when the low moving average exceeds previous highs. ⭐ 6. Customized Candle Coloring: A custom color scheme is applied to candles based on a combination of trend direction and Ichimoku Cloud signals: GreenFluorescent for strong bullish conditions where price is above the HalfTrend line, and the Conversion Line is above the Base Line. RedFluorescent for strong bearish conditions, with price below the HalfTrend line and Conversion Line below the Base Line. Gray for neutral or indecisive conditions. ⭐ 7. Plots and Shapes: The script plots various elements: HalfTrend Line: The main trendline is plotted in either green (buy) or red (sell), with adjustable line width. Ichimoku Base Line: This is plotted with the dynamic color based on crossovers. Buy/Sell Arrows: These are drawn on the chart when valid buy/sell conditions are met. Custom Candles: The script overrides default chart candles with custom-colored candles based on the previously discussed logic. ⭐ 8. Improvements: Optimization: Parameters like the amplitude, channel deviation, and Ichimoku periods can be fine-tuned based on backtesting results to maximize performance for specific assets or timeframes. Alerts: The script could be enhanced by adding alert conditions for real-time buy/sell notifications, leveraging alertcondition() in Pine Script. In summary, this script merges two trend-following techniques for a multi-faceted view of the market, using visual cues and trendline logic to provide a robust trading tool. 🚀 Conclusion: Trend-Following System: The combination of Ichimoku Cloud and HalfTrend provides a comprehensive view of both long-term trends (via Ichimoku) and shorter-term reversals (via HalfTrend). Visual Signals: The script includes clear visual signals (arrows and custom-colored candles) to help traders quickly spot buy/sell opportunities. Dynamic Customization: Through user inputs, this indicator can be tailored to different market conditions, making it versatile.
Pine Script®指標
由Options_Series提供
2
Ichimoku Kinko Hyo + FractalsIn contrast to my Ichimoku ++ Study this is a pure Ichimoku Konko Hyo Study with Bill Williams Fractals (I couldn't leave out the fractals as these levels are too important for Ichimoku trading). In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide. Tenkan-sen and Kijun-sen are provided optionally as mtf levels. An mtf price cloud relationship is shown in the upper right. The included signals are: B1/S1 is a strong filtered signal. The condition for long entry is: price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green B2/S2 is a less filtered signal. The condition for long entry is: price > Kumo AND Chikou > price AND Tenkan > Kijun IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.
Pine Script®指標
由ramsay09提供
5
ICHIMOKU Kinko Hyo by KIVANC fr3762Created in 1940's by Goichi Hosoda withe the help of University students in Japan. Ichimoku is one of the best trend following indicators that works nearly perfect in all markets and time frames. Ichimoku is originally an built in indicator in Tradingview but there are some problems like: the indicator hast 5 lines but you can change only 4 parameters in the settings menu of Tradingview Charts which you could only control 3 of the lines effectively. A second problem is that Tradingview preferred to use English titles for the ICHIMOKU lines instead of giving them the most common original Japanese ones. (So I rewrite the indicator) Kijun Sen (blue line): Also called standard line or base line, this is calculated by averaging the highest high and the lowest low for the past 26 periods. Tenkan Sen (red line): This is also known as the turning line and is derived by averaging the highest high and the lowest low for the past nine periods. Chikou Span (Plum line): This is called the lagging line. It is today’s closing price plotted 26 periods behind. Senkou SpanA (green line): The first Senkou line is calculated by averaging the Tenkan Sen and the Kijun Sen and plotted 26 periods ahead. Senkou SpanB (purple line): The second Senkou line is determined by averaging the highest high and the lowest low for the past 52 periods and plotted 26 periods ahead. PERSONALLY I ADVISE YOU TO USE ICHIMOKU WITH DEAFULT LENGTHS (9,26,26,52,26) IN ORDER FOR STOCK MARKETS AND FOREX MARKETS FOR CRYPTO YOU'D BETTER USE: 10,30,30,60,30 OR 20,60,60,120,60 THE TRICKY THING IS THAT KEEPING THE 1-3-3-6-3 RATIO CONSTANT IS NECESSARY Here's a link of my Youtube video explaining ICHIMOKU but unfortunately only in TURKISH: www.youtube.com Developed by: Goichi Hosoda
Pine Script®指標
由KivancOzbilgic提供
22
Ichimoku Cloud w/ HelpersIchimoku Cloud w/ Helpers is your standard Ichimoku Cloud indicator with two additions. Checkout TradingView's write up on the Ichimoku Cloud here . The two additions added to this indicator are described below: 1 — A box is drawn centered on the current bar and stretching a length equal to the 'Senkou Span B Period'.    • The box encompasses the highest high and lowest low in that period. 2 — Two new lines are added.    • Green Line : Projection from the Lagging Line (Chikou Span) to the Span A line, indicating historical price action relative to future projected support/resistance.    • Red Line : Projection from the Kijun-sen (Base Line) to the Span B line, indicating medium-term trend direction relative to future projected support/resistance. Use cases :  • The Box is simply a visual cue to draw your eye towards the area that the Ichimoku Cloud is currently attempting to analyze: Past, Present and Future.  • The green and red lines add a way to interpret the sentiment:    • Diverging Lines with Green Above Red --> Interpret as Bullish Sentiment    • Converging Lines with Green Crossing Above Red --> Interpret as Bullish reversal or strengthening    • Converging Lines with Green Crossing Below Red --> Interpret as Bearish reversal or weakening.    • Diverging Lines with Red Above Green --> Interpret as Bearish Sentiment    • Converging Lines with Red Crossing Below Green --> Interpret as Bullish reversal or weakening bearish trend. Current limitations :  • Under settings -> Styles, the plotted lines don't allow the colors to be changed. A bug I'm trying to figure out. Bugs? Kindly report any issues you run into and I'll try to fix them promptly. Thank you!
Pine Script®指標
由vtdarkhorse提供
3
Ichimoku Kinkō hyō 目均衡表█ OVERVIEW Ichimoku is known to be an Indicator that completes itself, for its power but also for its complexity. This is why I decided to improve the work of Goichi Hosoda in order to offer the maximum number of options for the most seasoned users but also beginners with options to simplify the reading of Ichimoku (such as a panel directly giving you the status of each Ichimoku options or Supports/Resistances drawn automatically according to the conditions chosen in the settings. █ OPTIONS Here is the complete list of options to implement : - "Source" and "Alternative Source" (with lots of choices) - Heikin Ashi volume. - Weighted Moving Average Smoothing - Minimum, Maximum and Adaptive Percentage Length adjustable for Tenkan-Sen, Kijun-Sen, Chikou Span and Senkou-Span) - The Chikou has a Filter with modifiable Length (in Lookback Percentage) - Advanced Filter Settings: Volume, Tenkan-Sen/Kijun-Sen Cross, Volatility, Tenkan-Sen Equal Kijun-Sen, Chikou Greater Than Price, Chikou Momentum, Price Greater Than Kumo, Price Greater Than Tenkan-Sen, Chikou Trend Filter . - Oscillator volume adjustable via drop-down menu with 5 types of oscillators available: "TFS Volume", "On Balance Volume", "Klinger Volume", "Cumulative Volume", "Volume Zone". - Relative Volume Strength Index with Length, Peak and EMA's adjustable. 3 Oscillators available: “On Balance Volume”, “Cumulative Volume”, “Price Volume Trend”. - Volatility adjustable with Fast and Slow Length. - Totally customizable Support and Resistance. - Bar Trend Color based on chosen settings. - Fully customizable help panel. - Alerts available for: Labels Detection, Support/Resistance Line Cross, Panel Trend Status Direction. █ NOTES Remember to only make a decision once you are sure of your analysis. Good trading sessions to everyone and don't forget, risk management remains the most important!
Pine Script®指標
由RickSimpson提供
125
Ichimoku Support and Resistance by TheSocialCryptoClubName: Ichimoku Supports and Resistances Category: Indicator Timeframe: Any Timeframe. Description: Ichimoku Support and Resistance is an indicator which allows to represent on the chart the price structures identified through the flat zones of the various lines of the Ichimoku Kinko Hyo indicator Suggested usage: Use on any timeframe. It is possible to calculate flat zones only in a certain period and in a different time frame, and select those calculated by specific lines. Technical Details: Internally it uses an Array to store the levels of when a line is flat (calculating the distance to the previous one). At the last bar it prints the various lines on the screen. Credits: - Some of the indications has been explained by Corrado Rondelli in "Strategie di trading con l’indicatore Ichimoku Kinko Hyo"
Pine Script®指標
由TheSocialCryptoClub提供
4
Scalping IchimokuBased on the Ichimoku Cloud indicator, the Scalping Ichimoku is a strategy applied in a simple form. How the strategy works? The indicator will watch two filters from the Ichimoku Cloud indicator. The first one is when the price crosses the cloud (over or under). The second filter is when the conversion line crosses the baseline (over or under). When both filters happen, no matter the order or when the indicator will print an arrow signal. Buy Signal A buy signal, or arrow up, will appear when the price crosses over the cloud and when the conversion line crosses over the baseline. Sell Signal A sell signal, or arrow down, will appear when the price crosses under the cloud and the conversion line crosses under the baseline. Exit Points Show Exit Spots enabled. The indicator will print possible exit spots for the last entry, based on the cross from conversion with baseline. In case the cross is against the latest entry signal, it will show an "X" One Signal At Time The indicator will print only one signal in a single direction. It will never print the same signal as the last signal Exit and Entry Spot At The Same Candle In the chart, when the entry spot and an exit spot appear in the same candle, the exit spot will appear with a different color. This means that the entry spot is more accurate. This strategy was designed for scalping, no matter the time frame or market, but it may work for swing traders as well.
Pine Script®指標
由ThiagoSchmitz提供
21
Ichimoku Bollinger BandsThis indicator is a standard set of Bollinger Bands with some functionality borrowed from Ichimoku Kinko Hyo. There's an added SMA (9) that gets shaded green when it's above the basis line of the Bollinger Bands (SMA 20) and turns red when it falls below. No, it's not remotely where the Ichimoku Cloud would appear, but it's a decent trend indicator regardless. You also get Ichimoku's Lagging Span to help verify the strength of the trend. When the Lagging Span rises above the price history, the trend is up. When the Lagging Span rises above the Bollinger Bands, the uptrend is super strong. And the opposite conditions signal downtrends.
Pine Script®指標
由stvch提供
Ichimoku Kinkō hyō Keizen 改MTF善The script is not finnished yet and show's an other interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe. Your Step : Like and Share ;) have a good year 2020 ! 2020-01-06 /--------/ -R.V. Jan 06 Release Notes: The script is not finnished yet and show's an other interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe. Your Step : Like and Share ;) have a good year 2020 ! 2020-01-06 /--------/ -R.V. Jan 07 Jan 13 Release Notes: MTF Ichimoku is on it's way !! Jan 17 Release Notes: The script is not finnished yet and show's an interpretation of how it could be scripted Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities. Step -2 in complete... Adding ability to use multiple Spans, sens and Kumo on higher timeframe. Step -3 in progress... Creating a UNIX based function to framgments actual chart periods in subcandles or "Subprices/periods" to plot multiple Spans, sens and Kumo on LOWER timeframe. Your Step : Like and Share ;) have a good year 2020 ! /--------Coder--------/ -R.V.
Pine Script®指標
由RVD-Projects提供
Covengers Ichimoku Cloud Easy 0.1 This is Covengers Ichimoku Cloud's EASY VERSION. This is for you who don't know about Ichimoku, to describe "Time tiktok & Price tiktok Trading". ☆Time tiktok & Price tiktok Trading☆ IF 1. DON'T CARE ABOUT LOWEST PRICE. IF 2. DON'T CARD ABOUT HIGHER PRICE. BUY IF 1. IS "CLOSE" BROKE THROUGH BASE LINE? BUY IF 2. IS "CLOSE " SUPPORTED BY BASE LINE? -> THEN BUY ! At this time, Base line should be STOP LOSS line. SELL IF 1. IS "CLOSE" BROKE THROUGH BASE LINE? SELL IF 2. IS "CLOSE" RESISTED BY BASE LINE? SELL IF 3. IS "CLOSE" BROKE THROUGH ICHIMOKU CLOUD? -> THEN SELL ! Buy conservatively, Sell aggressively. "less LOSS" better than "much PROFIT" - Covengers Ichimoku Cloud의 EASY 버전입니다. 차트를 하나도 모르는 당신에게 임운자재를 설명하기 위해 만들었습니다. ☆임운자재 매매법☆ 절대 조건 1. 바닥에는 관심을 두지 않는다. 절대 조건 2. 천장에는 관심을 두지 않는다. 매수 조건 1. 종가가 기준선을 돌파하였는가? 매수 조건 2. 종가가 기준선의 지지를 받는가? -> 매수 이 때, 손절라인은 기준선이 된다. 매도 조건 1. 종가가 기준선을 돌파하였는가? -> 매도 매도 조건 2. 종가가 기준선의 저항을 받는가? -> 매도 매도 조건 3. 종가가 구름대를 돌파하였는가? -> 매도 매수는 보수적으로, 매도는 공격적으로. 많이 따는 것보다, 잃지 않는 것이 중요하다.
Pine Script®指標
由SigmaJ提供
Crypto IchimokuIchimoku Cloud with settings recommended for crypto by trader IAmSatoshi. Includes a handy checkbox to double inputs, and alerts that can be set for when the price crosses the bottom or top of the cloud. This script also includes an ichimoku signal count. The signal count is an UNWEIGHTED sum of positive or negative ichimoku signals with the greatest total being shown in either green(long>short) or red(short>long) or white(0, long==short). The signal count is only shown when their is a new signal or a signal is no longer valid. If you use a major portion of the code please cite me. If you like the script and make a bunch of money using it, feel free to donate using the crypto addresses below. BTC: 34uVepgjGJAKqf9i3mfdq8AG1dzTthjCgb ETH: 0x71B15Beb6AF985853B5fC80205ddb3595C51B63e LTC: MVzvSu53K5qPfjiQn4nk9D6WVLJKCMzXHJ DASH: XoKVDBnhiyPvJeyRdpHjcWu1WtVjCbhP68 XMR: 46jnYGp7v5vCSAV8pzGXPbWM7YFiZNB4eaFCHsezitQ46KM1E6FgPM9ZaYJEfDVk5zdKoPQ7vw27ke34jMxERogvJDQhfQW
Pine Script®指標
由UnknownUnicorn1517510提供
9
Ichimoku BoxIntroducing Ichimoku Box Indicator: Key Features: Customizable Box Periods: Adjustable box periods with default settings of 9, 26, and 52. Shifted Span A and Span B Points: Easily adjustable shifts and colors. Additional Box Option: Capability to add an extra box for more detailed analysis. High and Low Markers: Identifies the highest and lowest candle within each box with distinct markers. Candle Countdown Timer: Displays the remaining candles before a box loses its high or low. Drag-and-Drop Functionality: Move boxes to any position on the chart with a vertical line. Automatic Box Drawing: When the indicator is first applied, a vertical line appears on the mouse cursor, and clicking on any point automatically draws the boxes. How It Works: The indicator allows users to visualize Ichimoku periods as boxes, highlighting key price levels and shifts in market structure. It simplifies the analysis process by providing visual cues and customizable settings for enhanced flexibility.
Pine Script®指標
由CycleSeeker提供
1
Ichimoku OscillatorHello All, This is Ichimoku Oscillator that creates different oscillator layers, calculates the trend and possible entry/exit levels by using Ichimoku Cloud features. There are four layer: First layer is the distance between closing price and cloud (min or max, depending on the main trend) Second layer is the distance between Lagging and Cloud X bars ago (X: the displacement) Third layer is the distance between Conversion and Base lines Fourth layer is the distance between both Leadlines If all layers are visible maning that positive according to the main trend, you can take long/short position and when main trend changed then you should close the position. so it doesn't mean you can take position when main trend changed, you need to wait for all other conditions met (all layers( there is take profit partially option. if Conversion and base lines cross then you can take profit partially. Optionally you can take profit partially when EMA line crosses Fourth layer. Optionally ATR (average true range) is used for Conversion and baseline for protection from whipsaws. you can use it to stay on the trend longer time. I added options to enable/disable the alert and customize alert messages. You can change alert messages as you wish. if you use ' close ' in the alert message then you can get closing price in the alert message when the alert was triggered. There is an option Bounce Off Support/Resistance , if there is trend and if the price bounce off Support/Resistance zone then a tiny triangle is shown. There are many other options for coloring, alerts etc. Some screenshots: Main trend: Taking/closing positions: Example alert messages: Bounce off: Colors: Colors: Colors: Non-colored background: P.S. For a few months I haven't published any new script because of some health issues. hope to be healthy and create new scripts in 2024 :) Enjoy!
Pine Script®指標
由LonesomeTheBlue提供
150