Midnight Open RangeMidnight Open Range with Breakouts & Targets
This indicator helps traders identify and analyze the Midnight Open Range (12:00 AM to 12:30 AM ET) for potential trading opportunities. Key features include:
1. Automatic detection and plotting of the Midnight Open Range
2. Display of multiple historical ranges (customizable)
3. Breakout signals for range violations
4. Multiple target levels based on the range size
5. Customizable colors and styles for easy visual analysis
Perfect for traders looking to capitalize on overnight price action and early morning trends. Ideal for forex, futures, and 24-hour markets.
Note: For best results, use on lower timeframes (5-minute or less) with 24-hour chart data.
Bantlar ve Kanallar
20-34 Dual Dot Alerts OnlyPine Script that uses dual Donchian Channels (20-period and 34-period) and places tiny blue dots above candles when the highest price touches any upper Donchian Channel and below candles when the lowest price touches any lower Donchian Channel, without displaying the channels themselves, you can use the code.
### Explanation of the Code:
1. **Indicator Declaration**: The script is named "Dual Donchian Channels Dots Only" and overlays on the price chart.
2. **Input for Lengths**: Users can set lengths for two Donchian Channels (20 and 34 periods).
3. **Calculating Bands**: The upper and lower bands are calculated using `ta.highest` and `ta.lowest` functions over the specified periods.
4. **Touch Conditions**:
- `upperTouch`: Checks if the highest price of the current candle touches either of the upper bands.
- `lowerTouch`: Checks if the lowest price of the current candle touches either of the lower bands.
5. **Plotting Dots**:
- A tiny blue dot is plotted above bars where `upperTouch` is true.
- A tiny blue dot is plotted below bars where `lowerTouch` is true.
### How to Use:
1. Copy this script into TradingView’s Pine Script editor.
2. Save it and add it to your chart.
3. You will see tiny blue dots appear above or below candles based on whether they touch any of the upper or lower Donchian Bands.
This setup provides a clear visual indication of price interactions with both Donchian Channels while keeping the chart uncluttered by hiding the channel lines.
B20 by Nulytrading The "B20" defines the intraday trend. It displays 20 candles on the M15 timeframe from 7:00 AM to 12:00 PM. When the price breaks above the highest point or below the lowest point of these 20 candles, it is called a "B20 breakout." The price tends to move toward Fibonacci extension levels of 1.618, 2.618, and 4.238, also referred to as B1, B2, and B3 levels. These levels represent reaction zones, support, and resistance areas, helping to determine take-profit points. Additionally, this indicator assists in identifying bottoms and tops, reducing the risk of significant losses. Currently, this indicator is best used exclusively with the XAUUSD (gold) pair. Combine it with key levels, trendlines, and order clusters to enhance its effectiveness.
Biên 20 xác định xu hướng trong ngày. Hiển thị 20 nến khung m15 từ 7h sáng đến 12h trưa. Khi giá phá vỡ điểm cao nhất hoặc thấp nhất của trong 20 cây nến đó, gọi là phá vỡ biên. Giá có xu hướng tiến đến các mốc fibo mở rộng 1,618 và 2,618 và 4,238. Còn gọi là mốc B1, B2, B3. Các B này hiển thị vùng phản ứng, kháng hỗ. Xác định điểm take profit. Và còn giúp bạn bắt đáy, đỉnh đỡ cháy hơn, hiện chỉ báo này chỉ nên sử dụng với sản phẩm XAUUSD (vàng). Kết hộ với key level, trendline, bộ tố lệnh để tăng hiệu quả.
Bollinger Bands TBB//@version=6
indicator(shorttitle="BB TBB", title="Bollinger Bands TBB", overlay=true, timeframe="", timeframe_gaps=true)
length = input.int(20, minval=1)
maType = input.string("SMA", "Basis MA Type", options = )
src = input(close, title="Source")
mult = input.float(2.0, minval=0.001, maxval=50, title="StdDev")
ma(source, length, _type) =>
switch _type
"SMA" => ta.sma(source, length)
"EMA" => ta.ema(source, length)
"SMMA (RMA)" => ta.rma(source, length)
"WMA" => ta.wma(source, length)
"VWMA" => ta.vwma(source, length)
basis = ma(src, length, maType)
dev = mult * ta.stdev(src, length)
upper = basis + dev
lower = basis - dev
offset = input.int(0, "Offset", minval = -500, maxval = 500, display = display.data_window)
plot(basis, "Mid", color=color.rgb(0, 0, 0), linewidth = 2, offset = offset)
p1 = plot(upper, "Upper", color=color.rgb(254, 254, 254), offset = offset)
p2 = plot(lower, "Lower", color=#ffffff, offset = offset)
fill(p1, p2, title = "Background", color=color.rgb(33, 150, 243, 95))
sma10 = plot(ta.sma(close, 10), color = #037f28, linewidth = 1, title = 'SMA10')
sma34 = plot(ta.sma(close, 34), color = color.rgb(30, 0, 255), linewidth = 2, title = 'SMA34')
sma200 = plot(ta.sma(close, 200), color = color.rgb(255, 69, 141, 100), linewidth = 2, title = 'SMA200')
ema100 = plot(ta.ema(close, 100), color = color.rgb(255, 255, 255, 100), linewidth = 1, title = 'EMA100')
ema200 = plot(ta.ema(close, 200), color = color.rgb(248, 3, 97), linewidth = 1, title = 'EMA200')
fill(ema100, ema200, title = "Major", color=color.rgb(255, 255, 255, 70))
Bull Market Support Band by AnkiMinhasA comment has been added suggesting a descriptive note for the indicator. You can include a brief explanation like: "This indicator visualizes the Bull Market Support Band using a 21-week EMA and SMA to identify trends." Let me know if you'd like to incorporate it directly
Non-Lagging Indicator: EMA + TSI BY UTTAM PARAMANIK//@version=5
indicator("Non-Lagging Indicator: EMA + TSI", overlay=true)
// Parameters for the EMA
fastLength = input.int(9, title="Fast EMA Period", minval=1)
slowLength = input.int(21, title="Slow EMA Period", minval=1)
// Parameters for the TSI
tsiFastLength = input.int(13, title="TSI Fast Length", minval=1)
tsiSlowLength = input.int(25, title="TSI Slow Length", minval=1)
tsiSignalLength = input.int(7, title="TSI Signal Length", minval=1)
// EMA Calculation
fastEMA = ta.ema(close, fastLength)
slowEMA = ta.ema(close, slowLength)
// TSI Calculation
delta = close - close
doubleSmoothDelta = ta.ema(ta.ema(delta, tsiFastLength), tsiSlowLength)
doubleSmoothAbsDelta = ta.ema(ta.ema(math.abs(delta), tsiFastLength), tsiSlowLength)
tsi = 100 * doubleSmoothDelta / doubleSmoothAbsDelta
tsiSignal = ta.ema(tsi, tsiSignalLength)
// Plot EMAs
plot(fastEMA, color=color.blue, title="Fast EMA")
plot(slowEMA, color=color.orange, title="Slow EMA")
// Plot TSI and Signal
plot(tsi, color=color.green, title="True Strength Indicator")
plot(tsiSignal, color=color.red, title="TSI Signal")
// Buy and Sell Conditions
buyCondition = ta.crossover(fastEMA, slowEMA) and ta.crossover(tsi, tsiSignal)
sellCondition = ta.crossunder(fastEMA, slowEMA) and ta.crossunder(tsi, tsiSignal)
// Plot Buy and Sell Signals
plotshape(buyCondition, color=color.green, style=shape.labelup, location=location.belowbar, text="BUY")
plotshape(sellCondition, color=color.red, style=shape.labeldown, location=location.abovebar, text="SELL")
Sonic R Indicator - HoangTNĐiều kiện vào lệnh mua (BUY): Giá đóng cửa cao hơn EMA 34 High và EMA 34 Close nằm trên EMA 89.
Điều kiện vào lệnh bán (SELL): Giá đóng cửa thấp hơn EMA 34 Low và EMA 34 Close nằm dưới EMA 89.
EMA/RMA clouds by AlpachinoRE-UPLOAD
The indicator is designed for faster trend determination and also provides hints about whether the trend is strong, weaker, or if a range is expected.
It consists of an exponential moving average (EMA) and a slower smoothed moving average (RMA). I chose these because EMA is the fastest and is respected by the market, while I discovered through practice that the market often respects RMA, and in some cases, even more than EMA. Their combination is necessary because I want to take advantage of the best qualities of both averages. Displaying averages based solely on the close values creates a simple line that the market might respect. However, this is often not the case. Market makers know that many traders still believe in the theory that closing above/below an EMA signals a valid new trend. They commonly apply this belief to EMA200. Traders think that if the market closes below EMA, it signals a downtrend. That’s not necessarily true. This misconception often traps inexperienced traders.
For this reason, my indicator does not include a separate line.
I use what are called envelopes. In other words, for both EMA and RMA, the calculation uses the high and low of the selected period, which can be chosen as an input in the indicator.
Why did I choose high and low?
To stabilize price fluctuations as much as possible, especially to allow enough space for the price to react to the moving average. This reaction occurs precisely between the high and low.
Modes:
EMA Cloud – This is the most common envelope in terms of averages. It shows the best reactions with a period of 50.
What should you observe: the alignment of the envelope or its slope.
Usage:
Breakouts through the entire envelope tend to be strong, which signals that the trend may change. However, what interests you most is that the first test of the envelope after a breakout is the most successful entry point for trades in the breakout direction.
In an uptrend, the first support will be the high of the envelope, and the second (let’s call it the "ultimate support") will be the low of the envelope.
If, during an uptrend, the market closes below the low, be cautious, as the trend may reverse.
If the envelope is broken, trade the retest of the envelope.
In general, if the price is above the envelope, focus on long trades; if it’s below the envelope, focus on short trades.
Double Cloud – Since we already know that highs and lows are more relevant for price respect, I utilized this in the double cloud. Here, I use calculations for EMA and RMA highs and EMA and RMA lows.
The core idea is that since the price often reacts more to RMA than EMA, I wanted to eliminate attempts by market makers to lure you into incorrect directions. By creating more space for the price to react to the highs or lows, I made the cloud fill the area between EMA and RMA highs. This serves as the last zone where the price can hold. If the price breaks above this high cloud during a return, this doesn’t happen randomly—you should pay attention, as it’s likely signaling a range or a trend change.
The same applies to the low cloud for EMA and RMA.
The advantage of the double cloud is that you can see two clouds that may move sideways. This can resemble two walls—and they really act as such.
Usage:
Let’s say we have a downtrend. The market seems to be experiencing a downtrend exhaustion. Here's the behavior you might observe:
The price returns to the EMA/RMA low; the first reaction may still have some strength, but each subsequent return will move higher and higher into the cloud with increasingly smaller rejections downward. This indicates the absorption of selling pressure by bullish pressure. Eventually, the price may close above the cloud, significantly disrupting the downtrend and potentially signaling a reversal.
A confirmation of the reversal is usually seen with a retest of the cloud and a bounce upward into an uptrend.
The second scenario, which you’ll often see, involves sharp and significant moves through both envelopes. This kind of move is the strongest signal of a trend change. However, do not jump into trades immediately—wait for the first retest, which is usually successful. Additional tests may not work, as the breakout might not signify a trend change but rather a range.
When the clouds are far apart, it signals a weak trend or that the market is in a range. You will see that this is generally true. When the clouds cross or overlap, their initial point of contact signals the start of a stronger trend. The steeper the slope, the stronger the trend.
Буллтренд ололоsssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss
Bulltrend ololoМатематический трейдинг —эффективнее ручной торговли в определённых ситуациях. Эмоциональная нейтральность: Исключает человеческий фактор и субъективные ошибки.
BTC/USDT Optimized StrategyBtc will increase to 108k again in next week
RSI indicator show that btc break downtrend and will increase again
Doji NattawatSure! Here's a detailed explanation of the Pine Script code in English. This code is designed to detect Doji candles, draw horizontal lines at the open and close prices of these candles, and display the price values near those lines.
Support and resistance
It plot support and resistance levels on the chart, including visualizing dynamic price zones and labeling key levels. It’s highly customizable for different user preferences, allowing the user to toggle zones, set the line styles, and adjust the strength and look of the support and resistance lines.
Key Features of the Script:
Support and Resistance (S/R) Lines:
The script detects key support and resistance levels based on pivot highs (ph) and pivot lows (pl), and plots them as horizontal lines on the chart.
You can control whether the support and resistance lines are shown with solid, dotted, or dashed styles, and adjust their thickness.
Support and Resistance Zones:
If enabled, the script also shows zones around the support and resistance lines. These zones are calculated as a percentage of the highest and lowest levels over a defined period (300 bars).
The width of these zones is adjustable, allowing for greater flexibility based on market volatility.
Strength of Support and Resistance (S/R Strength):
The script uses a strength filter to determine how significant the support or resistance level is. If a level is visited multiple times, it is considered stronger.
The strength is set by the strengthSR variable, where a higher number requires more "touches" for the level to be valid.
Dynamic Expansion of Levels:
The option to expand support and resistance levels allows the levels to extend in both directions on the chart (extend.both), or just to the right (extend.right), creating a clearer view of how the levels interact with current price action.
High-Low Zones:
If enabled, the script draws high-low zones around detected pivot points. These zones are designed to indicate a price range where the market is likely to find support or resistance.
Color Customization:
The user can customize the color for support (colorSup) and resistance (colorRes) levels. These colors help differentiate between support and resistance visually.
Labels for Key Levels:
The script places labels near the support and resistance levels, showing the price of those levels for easy reference. Labels are color-coded based on whether the price is above or below the level, and you can customize their appearance.
High and low levels are clearly marked with labels above and below the respective levels.
Customizable Inputs:
The script includes various user inputs to fine-tune the visualization, such as enabling/disabling support and resistance lines (enableSR), toggling zones on/off (useZones), adjusting zone width (zoneWidth), and modifying the line style (lineStyle).
Additionally, users can choose whether to display only the highest and lowest levels (useHLZones), or extend the support and resistance lines further (expandSR).
How the Script Works:
Identify Pivot Points:
The script detects pivot highs and lows using the built-in ta.pivothigh and ta.pivotlow functions, with a defined lookback period (rb = 10).
These pivots are used to calculate support and resistance levels.
Calculate and Plot Support and Resistance:
When a pivot high or low is detected, the script calculates the potential support or resistance level based on the highest and lowest values over a period (prd = 284).
These levels are then plotted on the chart, and if enabled, zones are drawn around them to visualize potential price ranges.
Dynamic Updates:
As the market evolves, the script dynamically updates these levels. The levels are recalculated based on the most recent pivot points, ensuring the support and resistance levels adjust in real-time.
Zone Creation:
For each detected support and resistance level, the script creates zones above and below the level. These zones are visually highlighted to show the potential range where the market might find support or resistance.
Strength Filter:
The strengthSR variable ensures that the support or resistance level is only marked if it has been touched by the price multiple times, increasing its reliability.
Line and Label Display:
The lines representing support and resistance can be styled with different thicknesses and dashed styles. Additionally, labels displaying the exact price level can be added to highlight the specific price of each support and resistance level.
Conclusion:
This script provides a powerful and flexible way to visualize support and resistance levels on TradingView. By adjusting the parameters, traders can tailor the script to their preferred trading style. The addition of dynamic zones, strength filtering, and labels adds an extra layer of convenience for identifying potential trade opportunities.
Volume-Based RSI Color Indicator with MAsVolume-Based RSI Color Indicator with MAs
Overview
This script combines the Relative Strength Index (RSI) with volume analysis to provide an enhanced perspective on market conditions. By dynamically coloring the RSI line based on overbought/oversold conditions and volume thresholds, this indicator helps traders quickly identify high-probability reversal zones. Additionally, it incorporates short-term and long-term moving averages (MAs) of the RSI for trend analysis, making it a versatile tool for scalping and swing trading strategies.
Key Features
Dynamic RSI Color Coding:
The RSI line changes color based on two conditions:
Overbought/High Volume: RSI is above the overbought threshold (default: 70) and volume exceeds the average volume by a user-defined multiplier (default: 2.0). The line turns red, indicating potential reversal zones.
Oversold/High Volume: RSI is below the oversold threshold (default: 30) and volume exceeds the average volume by the multiplier. The line turns green, suggesting potential buying opportunities.
Neutral Conditions: Default blue color for all other scenarios.
Volume Integration:
Unlike standard RSI indicators, this script incorporates volume data to refine signals, helping traders avoid false signals in low-volume environments.
RSI Moving Averages:
Two moving averages of the RSI (short-term and long-term) provide trend context:
200-period MA: Highlights the long-term trend in RSI values.
20-period MA: Shows short-term fluctuations for quick decision-making.
Both MAs can be calculated using Simple or Exponential methods, giving users flexibility.
Visual Aids:
Horizontal lines at the overbought (70) and oversold (30) levels help define the boundaries of expected price action extremes.
How It Works
The script calculates the RSI over a user-defined length (default: 14).
Volume data is compared to its moving average to determine if it exceeds the user-defined high-volume threshold.
When RSI and volume conditions align, the RSI line is dynamically colored to indicate potential overbought/oversold zones.
The RSI moving averages provide additional context to confirm trends or reversals.
How to Use
Identify Reversal Zones:
Look for green RSI signals in oversold conditions to identify potential buying opportunities.
Look for red RSI signals in overbought conditions to identify potential selling opportunities.
Use Moving Averages for Confirmation:
When the RSI is above its 200-period MA, the long-term trend is bullish; consider only long trades.
When the RSI is below its 200-period MA, the trend is bearish; consider only short trades.
Combine with Other Tools:
This indicator works best when used alongside price action analysis, candlestick patterns, or support/resistance levels.
Originality
This script is unique in combining volume analysis with RSI and RSI-specific moving averages. While many indicators focus on RSI or volume separately, this script marries these two key metrics to filter out weak signals and improve trade decision accuracy.
Chart Recommendations
Clean Chart: Use this indicator on a clean chart without additional overlays for maximum clarity.
Timeframes: Works well on intraday charts (e.g., 5m, 15m) for scalping and on higher timeframes (e.g., 1H, 4H, Daily) for swing trading.
Disclaimer
This indicator is a tool to aid trading decisions and should not be used in isolation. Always consider other factors such as market conditions, news events, and risk management.
15m MNQ Strategy IntradayHigh probability intraday trading strategy for the 15min timeframe using EMAs and has Buy/Sell indicators. This is a great strategy for A.I, contact me on Twitter/X.com @28Bamz for any further info.
James//@version=5
indicator("Forex Entry Signals (RSI + EMA)", overlay=false)
// Configuração do RSI
rsiLength = input(14, "RSI Length")
rsi = ta.rsi(close, rsiLength)
// Configuração da EMA
emaLength = input(50, "EMA Length")
ema = ta.ema(close, emaLength)
// Lógica de compra e venda
buySignal = ta.crossover(close, ema) and rsi < 30
sellSignal = ta.crossunder(close, ema) and rsi > 70
// Plot do RSI
plot(rsi, color=color.blue, linewidth=2, title="RSI")
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
// Marcar setas no gráfico
if buySignal
label.new(bar_index, close, text="BUY", color=color.green, style=label.style_label_up, textcolor=color.white, size=size.small)
if sellSignal
label.new(bar_index, close, text="SELL", color=color.red, style=label.style_label_down, textcolor=color.white, size=size.small)
Combined IQ Zones, VWAP, EMA, S/RCombined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Advanced Strategy with Bollinger, Fibonacci, and ATR MSDBu strateji kısa zaman dilimlerinde trend ve volatiliteyi analiz ederek kısa vadeli işlemler için optimize edilmiştir.
Stratejinin temel unsurları RSI, MACD, EMA, Bollinger bandı, Fibonacci seviyeleri, ATR ile desteklenmiştir
risk yönetimi
Stop-loss ATR'nin 1.5 katı
Take-profit ATR'nin 3 katıdır.
15 dakikalık zaman dilimlerinde en iyi performansı göstermesi için optimize edilmiştir. Hem manuel işlem rehberi hemde otomatik işlem sinyalleri için uygundur.
Bollinger Bands CustomThe indicator is a customized version of Bollinger Bands with added trading signals. This indicator is designed to help traders identify potential entry (buy) and exit (sell) points based on the interaction between the price and the Bollinger Bands. Below, I will explain in detail its purpose, how it works, and how to use it.
Purpose of the Indicator
The main purpose of this indicator is:
Identify market volatility: Bollinger Bands expand and contract based on price volatility.
Provide trading signals: The indicator generates buy signals (BUY) when the price crosses the lower band and sell signals (SELL) when the price crosses the upper band.
Help identify dynamic support and resistance levels: The upper and lower bands act as dynamic resistance and support levels.
How the Indicator Works
The indicator is based on three main components:
Moving Average (SMA): It calculates the simple moving average (SMA) of the price over a specified period (length).
Bollinger Bands:
The upper band is calculated as the moving average plus a standard deviation multiplied by a factor (mult).
The lower band is calculated as the moving average minus a standard deviation multiplied by the same factor.
Trading signals:
A BUY signal is generated when the price crosses above the lower band.
A SELL signal is generated when the price crosses below the upper band.
How to Use the Indicator
Here is a step-by-step guide on how to use the indicator on TradingView:
1. Add the Indicator to the Chart
Copy the Pine Script code you created.
Open TradingView and go to the Pine Editor.
Paste the code and click "Add to Chart."
The indicator will be displayed directly on the price chart.
2. Customize the Parameters
You can customize the following parameters:
Moving Average Length (length): Set the period for the moving average (default is 20).
Price Source (source): Choose the price to use (default is the closing price).
Standard Deviation Multiplier (mult): Set the multiplier for the standard deviation (default is 2.0).
3. Interpret the Signals
BUY Signal: When you see a "BUY" label below a candle, it means the price has crossed above the lower band. This could indicate a buying opportunity.
SELL Signal: When you see a "SELL" label above a candle, it means the price has crossed below the upper band. This could indicate a selling opportunity.
4. Use Bollinger Bands as Support and Resistance
If the price approaches the upper band, it might indicate a resistance level.
If the price approaches the lower band, it might indicate a support level.
5. Monitor the Colored Background
The chart background turns light green when there is a BUY signal and light red when there is a SELL signal. This helps you quickly identify signals.
Practical Example
Suppose you are analyzing a daily chart of a stock or cryptocurrency:
If the price crosses above the lower band, the indicator will show a "BUY" label. You might consider this as a signal to open a long position.
If the price crosses below the upper band, the indicator will show a "SELL" label. You might consider this as a signal to close a long position or open a short position.
Limitations and Considerations
False signals: In range-bound markets, Bollinger Bands can generate many false signals. It is advisable to use this indicator in combination with other technical analysis tools.
Extreme volatility: During periods of high volatility, the bands expand, and signals may become less reliable.
Confirmation: It is always good practice to confirm signals with other indicators (e.g., RSI, MACD) or candlestick analysis.
Conclusion
My indicator is a useful tool for identifying potential trading opportunities based on Bollinger Bands. However, as with any indicator, it is important to use it in combination with other forms of analysis and risk management to maximize effectiveness. Happy trading! 🚀
Bitcoin Redpill 38tão. Multiplo de Mayer 200MMA & 2x 200MMAIndicador que plota no gráfico a estratégia do mestre Renato Trezoitão para compra, hold e venda nos momeentos de eufororia no Bitcoin. Consiste em uma MMA central de 200 períodos na cor azul, uma linha acima que indica quando o preço está 2x essa MMA de 200, na cor vermelha; Eu adicionei uma linha verde abaixo da MMA de 200 que indica 10% abaixo da MMA de 200, quando o mercado está acumulando. A aplicação é simples. Compra, acumula BTC abaixo da linha azul na região da linha verde, começa a vender na região da linha vermelha. Essa Estratégia respeita o multiplo de Mayer, exposta no Livro Bitcoin Red Pill do grande Renato trezoitão. Espero que gostem.
反彈三次突破策略策略說明 (Strategy Explanation)
英文 (English)
This strategy is called "反彈三次突破策略" (Three Rebound Breakthrough Strategy). It is designed to identify and trade based on three consecutive price drops followed by a rebound, ensuring certain conditions are met before entering a trade. The key components and conditions of this strategy are as follows:
Moving Averages (MAs):
Fast MA: The short-term moving average (e.g., 5 periods).
Slow MA: The long-term moving average (e.g., 20 periods).
The crossover of these MAs generates buy (long) and sell (short) signals.
Average True Range (ATR):
Used to calculate volatility and set stop-loss and take-profit levels.
Three Consecutive Drops and Rebounds:
The strategy identifies three consecutive drops in price, each creating a new lower low (low1, low2, low3).
After the third drop, the price must rebound and break above the previous low's rebound height.
Parallel Channel:
A parallel channel is drawn between the lowest points (low1 and low3) to visualize the price range.
Two lines (lower and upper) form the channel.
Entry and Exit Conditions:
Entry signals are based on MA crossovers and the three rebound condition.
Stop-loss and take-profit levels are set using ATR-based calculations.
Labels are added to the chart to indicate stop-loss and take-profit points.
中文 (Chinese)
這個策略叫做 "反彈三次突破策略"。其目的是識別並基於三次連續價格下跌後的反彈進行交易,並確保在進行交易之前滿足某些條件。該策略的關鍵組成部分和條件如下:
移動平均線 (MAs):
快速均線:短期移動平均線(例如,5 期)。
慢速均線:長期移動平均線(例如,20 期)。
這些均線的交叉產生買入(做多)和賣出(做空)信號。
真實波動範圍 (ATR):
用於計算波動性並設置止損和止盈水平。
三次連續下跌和反彈:
該策略識別連續三次的價格下跌,每次都創下更低的低點(low1、low2、low3)。
在第三次下跌後,價格必須反彈並突破前一個低點的反彈高度。
平行通道:
在最低點(low1 和 low3)之間繪製平行通道,以可視化價格區間。
兩條線(下邊界和上邊界)形成通道。
進出場條件:
進場信號基於均線交叉和三次反彈條件。
使用基於 ATR 的計算設置止損和止盈水平。
在圖表上添加標籤以指示止損和止盈點。
Ichimoku with Shifted and Unshifted Senkou BIchimoku Kinko Hyo Indicator Explanation
The Ichimoku Kinko Hyo is a comprehensive technical indicator designed to provide insights into the market's trend, support/resistance levels, and momentum, all in one glance. It consists of five main components:
Tenkan-sen (Conversion Line): A fast-moving average.
Kijun-sen (Base Line): A slower-moving average.
Senkou Span A (Leading Span A): The average of Tenkan-sen and Kijun-sen, shifted forward in time.
Senkou Span B (Leading Span B): A slower moving average of the high and low price over a period of 52 periods, shifted forward in time.
Chikou Span (Lagging Line): The closing price shifted back in time by 26 periods.
The Ichimoku indicator is typically used to identify the trend direction, momentum, and support/resistance levels. The cloud formed between Senkou Span A and Senkou Span B is key in identifying the market's overall trend.
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