Description: This Pine Script calculates and plots pivot lines based on ATR (Average True Range) value and closing price. It uses the previous trading day's ATR value to set static pivot levels for the current trading day. These pivot lines help traders identify potential support and resistance levels based on historical volatility. The script includes two main...
The RSI of a Zero Lag Moving Average a powerful tool for for reliable exit signals. The Relative Strength Index (RSI) is a widely recognized momentum oscillator that measures the speed and change of price movements. It provides valuable insights into overbought and oversold conditions, enabling traders to identify potential reversal points and take advantage of...
I have attempted to combine all the parameters to decide on the entry and exit points for stocks. The indicator combines 1) EMAs 2)PSAR 3)ATR The script also attempts to show the risk-reward
This script helps with planning on how to exit DCA deals that are in the negative. The following deal information is required - Current average position price - Funds invested - Required take profit Additional indicator settings are - The date/time on which to start the simulator - Minimum deviation % to start adding funds - Expected bounceback from when...