MA Pullback Signal V1.1 [Tujac]

23 maj

This indicator will help you to find a MA Pullback Signal.

Features
Entry signals are generated under the following conditions:

1. Condition 1: When the 10, 20, and 50-period Moving Averages (MAs) are in either a bullish or bearish alignment, and their intervals narrow before expanding, a signal will appear.
   Additionally, the Stochastic oscillator must be in an oversold/overbought zone, and the signal will only trigger if volume increases upon the 10-period MA breaking through the 20-period MA after a bounce.
   
2. Condition 2: When the 20, 50, and 100-period MAs are in either a bullish or bearish alignment, and their intervals narrow before expanding, a signal will appear.
   Additionally, the Stochastic oscillator must be in an oversold/overbought zone, and the signal will only trigger if volume increases upon the 20-period MA breaking through the 50-period MA after a bounce.
   
3. Condition 3: If the 50-period MA and 200-period MA are in a bullish alignment, but the 10, 20, and 50-period MAs are in a bearish alignment, a signal will appear on a candle where a double bottom/double top forms, followed by an increase in volume.
   

Convergence Zone
Entry signals are hidden when the market is in a convergence zone.

• Bollinger Bands, Keltner Channels, ADX, and Volume are used to determine if the market is in a convergence zone.
  
• By default, entry signals will not appear in a convergence zone.
  
• You can change the settings to allow signals to appear on candles that meet the entry conditions, even within a convergence zone.
  

Setting Options

• Trend Type: Sets the type of Moving Average to determine pull-back entries.
  MA F: Uses all four MAs (10/20/50/200) to determine pull-backs.
  MA A/B/C: Uses only the 10/20/50 MAs to determine pull-backs.
  
• MA F Trend: Sets which MA crossing the 200-period MA defines the base trend. The default is the 5-period MA.
  
• MA Style: Sets the display style of the Moving Averages.
  A: Displays the 200-period MA as a line and the 10/20-period MAs as a cloud.
  B: Displays all 10/20/50/200-period MAs as lines.
  C: Displays the 10/20-period MAs and the 90/100-period MAs as a cloud.
  
• ADX Default: Sets the ADX value used to define the convergence zone.
  
• Filter Squeeze: Enable this setting to hide entry signals during convergence zones.
  
• Filter Over Sold/Bought: Enable this setting to hide entry signals when the market is in oversold/overbought zones.
  
• Show Strong Signal: Displays signals with particularly high volume and price volatility.
  
• Strength Level: Displays the strength of the signal.
  
• Show All Signal: Displays both weak and strong signals.
  

Displays the 200-period MA as a line and the 10/20-period MAs as a cloud.



When the 10, 20, and 50-period Moving Averages (MAs) are in either a bullish or bearish alignment, and their intervals narrow before expanding, a signal will appear. Additionally, the Stochastic oscillator must be in an oversold/overbought zone, and the signal will only trigger if volume increases upon the 10-period MA breaking through the 20-period MA after a bounce.



Entry signals are hidden when the market is in a convergence zone.



The "Show All Signal" option allows you to display both weak and strong signals, providing a comprehensive view of all potential entry points identified by the system, regardless of their strength level.



If the 50-period MA and 200-period MA are in a bullish alignment, but the 10, 20, and 50-period MAs are in a bearish alignment, a signal will appear on a candle where a double bottom/double top forms, followed by an increase in volume.

14 godzin temu

Informacje o Wersji

1. Added various signal colors.
   
2. Added Bollinger Band breakout signals.
   
3. Modified to allow users to enable signals in the opposite direction of the trend.