INVITE-ONLY SCRIPT

SMART indicator

Zaktualizowano
This script combines the usage of the SMA and ATR indicator in order to provide signals for opening and closing trades, either buy or sell signals. It uses SMA and ATR, both configurable by the users.

The trigger of Buy and Sell Signals are calculated through the SMA and ATR:
* Buy Signals: They are highlighted by a dark green background area.
* Sell Signals: They are highlighted by a dark red background area.

The trigger of Close Buy and Close Sell Signals are calculated through current price using SMA and ATR:
* Close Buy Signals: The fast SMA crosses under the close price and at the same time the trend is bullish. They are highlighted by a lighter green area.
* Close Sell Signals: The fast SMA crosses over the close price and at the same time the trend is bearish. They are highlighted by a lighter red area

Few important points about the indicator and the produced signals:
* This is not intended to be a strategy, but an indicator for analyzing the market conditions. It gives you the triggers depending on the real time analysis of the prices, but not being a proper strategy, pay attention about "fake signals" and add always a visual analysis to the provided signals

* Following this indicator, the trade positions should be opened only when background color appears GREEN. Either in this case, analyze the chart in order to see if the signals are "weak" ones, due to "waves" around the SMA . In these cases, you might wait for the next confirmation signals after the waves, when the trend will be better defined

* The close trade signals are provided in order to help to understand when you should close the buy or sell trades. Even in this case, always add a visual analysis to the signals, and pay attention to the support/resistance areas. Sometimes, you can have the close signals in correspondence to support/resistance areas: in these cases wait for the definition of the trend and eventually for the next close trade signals if they will be better defined

Final Notes
* Indicator will show Trend, Pullback, Market bounce and some support and resistance level.
Informacje o Wersji
Changed the default value for length of period used to calculate for stop loss. Reduced it to make have a tight stop loss.
Informacje o Wersji
Changed value of default stop loss from 8 to 2 to increase more aggressive trading.
Informacje o Wersji
Adding a technical profit/loss points using stochastic rsi. Green arrow is a potential buy point with stop if close below previous candle or some percentage points. Red arrow on green background is profit booking point.
Informacje o Wersji
Adding one more condition to have a confirmation signal to BUY
Informacje o Wersji
Corrected script to take only the best method to make it easy for momentum buying. This will ease the way and take only stocks which are in momentum.
Informacje o Wersji
Changed the script to catch every direction, yellow color is the place to book half profits. Though the setup is not strong buy its worth buying and managing risk.
Informacje o Wersji
Reverting back to previous changes, though stop loss is big I think it's better from returns point.
Informacje o Wersji
Changing the default value
Informacje o Wersji
Making script generic to have only the visual effect by changing colors. Removing the stochastic overbought level indication.
Informacje o Wersji
Added BUY/SELL labels to work on dark themes
Moving Averages

Skrypt tylko na zaproszenie

Dostęp do tego skryptu mają tylko użytkownicy upoważnieni przez autora i zazwyczaj wiąże się z opłatą. Możesz dodać go do ulubionych, ale będziesz mógł z niego korzystać dopiero po uzyskaniu zgody jego autora. Skontaktuj się z WallStreetFlow po więcej informacji lub postępuj zgodnie z instrukcjami autora poniżej.

TradingView nie sugeruje płacenia za skrypt i korzystania z niego, jeśli nie ufasz w 100% jego autorowi i nie rozumiesz, jak działa skrypt. W wielu przypadkach możesz znaleźć dobrą alternatywę open-source za darmo w naszych Skryptach Społeczności.

Instrukcje autora

Chcesz użyć tego skryptu na wykresie?

Ostrzeżenie: przeczytaj to zanim poprosisz o dostęp.

Wyłączenie odpowiedzialności