The **Trendlines+ Crypto Smart by Ignotus** indicator is an advanced technical analysis tool designed to identify trends, detect key supply and demand zones, and provide clear visual signals for trading decisions. This multi-functional script combines several powerful features into a single indicator, making it a comprehensive solution for traders seeking precision in their market analysis.
Developed specifically for the **Crypto Smart Community**, this indicator is inspired by proven strategies and optimized for use in volatile markets like cryptocurrencies. It is equally effective for beginners and experienced traders looking to streamline their technical analysis without sacrificing depth.
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#### **Key Features**
1. **Trendlines with Breakouts:** - Automatically detects bullish and bearish trendlines based on fractals. - Provides visual signals when significant breakouts occur. - Option to extend trendlines into the future with customizable styles (colors, thickness, line type).
2. **TRAMA (Trend Reversal Adaptive Moving Average):** - A dynamic indicator that adapts to market conditions using advanced volatility and momentum calculations. - Helps identify potential trend reversals and acts as a filter to confirm buy/sell signals.
3. **Supply and Demand Zones:** - Identifies key accumulation and distribution areas in the market using intrabar data and volume analysis. - Zones are dynamically drawn within the visible range of the chart, highlighting historically relevant levels. - Fully customizable: adjust colors, transparency, and resolution to suit your trading style.
4. **Clear Visual Signals:** - Intuitive markers on the chart indicate buy ("L") and sell ("S") signals. - Seamless integration between trendlines, TRAMA, and supply/demand zones for validated entry and exit points.
5. **Optimized for Cryptocurrencies:** - Specifically designed for volatile assets like cryptocurrencies but also functional across other markets (stocks, forex, commodities). - Compatible with all timeframes, from intraday charts to weekly or monthly views.
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#### **Configuration and Customization**
This indicator offers a wide range of configuration options to adapt to your specific needs:
- **Trendline Parameters:** - Fractal detection length. - Slope calculation method (ATR, Standard Deviation, Linear Regression). - Option to enable/disable extended lines.
- **TRAMA Parameters:** - Indicator length. - Data source (default is closing price).
- **Supply/Demand Zone Parameters:** - Volume threshold (%). - Zone resolution. - Customizable colors for supply (red) and demand (green) zones.
- **Visual Style:** - Adjustable colors and transparency for all components. - Options to show/hide specific elements (zones, average lines, etc.).
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#### **How to Use the Indicator**
1. **Trend Identification:** - Observe bullish (teal) and bearish (red) trendlines to determine the dominant market direction. - Pay attention to trendline breakouts, which may signal significant changes in the trend.
2. **Confirmation with TRAMA:** - Use the TRAMA indicator as an additional filter. A buy signal is stronger if the price is above the TRAMA line, while a sell signal is more reliable if the price is below it.
3. **Supply/Demand Zone Analysis:** - Supply zones (red) indicate areas where the price might face resistance. - Demand zones (green) highlight potential support areas. - Look for interactions between the price and these zones to identify trading opportunities.
4. **Visual Signals:** - The "L" (buy) and "S" (sell) markers help you make quick decisions based on the convergence of signals from the three main components.
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#### **Requirements and Compatibility**
- **Pine Script Version:** Compatible with Pine Script v6. - **Platform:** TradingView. - **Markets:** Ideal for cryptocurrencies but also works for stocks, forex, and commodities. - **Timeframes:** Functions across all timeframes, from intraday to weekly or monthly charts.
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#### **Legal Disclaimer**
This indicator is a technical analysis tool and does not guarantee successful trading results. Its use should be accompanied by fundamental analysis and/or discretionary judgment. The author and the **Crypto Smart Community** assume no responsibility for losses or damages resulting from the use of this indicator.
Thank you for using **Trendlines+ Crypto Smart by Ignotus**! We hope this tool enhances your trading experience and helps you achieve your goals in the financial markets. 😊
Skrypt open-source
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W duchu TradingView twórca tego skryptu udostępnił go jako open-source, aby traderzy mogli analizować i weryfikować jego funkcjonalność. Brawo dla autora! Możesz korzystać z niego za darmo, ale pamiętaj, że ponowna publikacja kodu podlega naszym Zasadom Społeczności.
Aby uzyskać szybki dostęp na wykresie, dodaj ten skrypt do ulubionych — więcej informacji tutaj.
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.