The provided Pine Script code consists of three distinct scripts that implement various technical analysis tools for trading on the TradingView platform. Below is a summary of each script's functionality:
SCRIPT 1: WP NEO Superman Purpose: Implements a SuperTrend indicator based on Average True Range (ATR). Key Features: ATR Calculation: Users can choose between a standard ATR calculation or a simple moving average of the true range. Trend Detection: Identifies uptrends and downtrends based on the closing price relative to calculated upper and lower bands. Buy/Sell Signals: Generates buy signals when the trend changes from down to up and sell signals when it changes from up to down. Visual Elements: Plots the trend lines, buy/sell signals, and optional highlighting of the trend areas. Alerts: Configurable alerts for buy/sell signals and trend direction changes. SCRIPT 2: Moving Average Ribbon Purpose: Creates a customizable moving average ribbon with multiple moving averages. Key Features: Multiple Moving Averages: Users can add up to four different moving averages (SMA, EMA, SMMA, WMA, VWMA) with customizable lengths and colors. Display Options: Each moving average can be toggled on or off for visibility. User Inputs: Allows users to set the source price, length, and type of moving average for each of the four moving averages. SCRIPT 3: Smarter SnR (Support and Resistance) Purpose: Identifies and displays support and resistance levels using pivot points and trendlines. Key Features: Pivot Points: Calculates swing high and low pivot points to determine support and resistance levels. Trendlines: Draws trendlines based on the most recent pivot points and can show price levels. Alerts: Configurable alerts for breakouts above resistance and below support levels. Dashboard: Displays a dashboard with support/resistance levels and trendline prices. Quotes Table: Allows users to display a customizable quotes table on the chart. Additional Features Across Scripts: User Inputs: Each script includes various user inputs for customization, allowing traders to tailor the indicators to their preferences. Visual Representation: All scripts utilize visual elements such as lines, shapes, and labels to enhance the user experience and provide clear signals on the chart. Alerts: Alerts are integrated into all scripts to notify users of significant events, such as trend changes or price breakouts. Conclusion These scripts provide a comprehensive toolkit for traders, combining trend analysis, moving averages, and support/resistance levels to facilitate informed trading decisions. Users can customize the indicators to fit their trading strategies and preferences, making them versatile tools for technical analysis.
W prawdziwym duchu TradingView autor tego skryptu opublikował go jako open source, aby inwestorzy mogli go zrozumieć i zweryfikować. Pozdrowienia dla autora! Możesz go używać bezpłatnie, ale ponowne użycie tego kodu w publikacji podlega Zasadom Regulaminu. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
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