DJAM MAVS PLUS+ Entries + ExitsDJAM-MAVS PLUS+
A Versatile Moving Averages & Signals Indicator
The DJAM-MAVS PLUS+ is an all-in-one technical indicator designed for traders who value precision and clarity in analyzing market trends. Built for traders of all experience levels, this tool combines the power of multiple moving averages and exponential moving averages (MA & EMA) with visual signals to highlight critical market trends and crossovers.
Key Features:
Customizable Moving Averages & EMAs: Includes adjustable lengths for:
2-Day MA & EMA
13-Day MA
50-Day MA
60-Day MA
8-Day EMA
39-Day EMA
100-Day MA
200-Day MA
Visual Crossovers: Highlights bullish and bearish crossover conditions between key MAs and EMAs with green and red vertical background bars for easy trend identification.
Anchor Period: Customize the anchor period to align with different timeframes like Sessions, Weeks, Months, or even Years, enhancing its flexibility for various trading styles.
Stochastic Bands Multiplier: Adjust the bands with a customizable multiplier for a more granular analysis of market volatility.
Optimized for Overlay Use: Plots directly on your chart, providing an uncluttered yet highly informative view of the market.
Why Choose DJAM-MAVS PLUS+?
This indicator empowers you to:
Identify potential trend reversals with ease.
Monitor short-term and long-term trends simultaneously.
Gain a clearer visual representation of key market signals through colored crossovers.
Tailor the settings to fit your unique trading strategy.
Who is it for?
Swing traders seeking reliable trend-following signals.
Day traders who need clarity on short-term momentum shifts.
Long-term investors looking to confirm major trend changes.
How to Use:
Customize Inputs: Tailor the moving average and EMA lengths to match your strategy.
Monitor Crossovers: Watch for green and red background bars to signal potential bullish or bearish momentum shifts.
Adapt Anchor Periods: Use the indicator across various timeframes, from daily to yearly, for enhanced market insights.
Join the Community
The DJAM-MAVS PLUS+ is more than just an indicator; it's your edge in the market. Share your feedback, strategies, and experiences with the TradingView community to help refine and optimize this tool for all traders.
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Entries
Tribute to David PaulI made this indicator as a tribute to the late David Paul .
He mentioned quite a lot about 89 periods moving average (especially on 4h), also the 21 and 55.
I put up some entries when three ma are crossed by price in the same direction, bull/bear backgrounds and a color code for candles because who doesn't love the feeling of a lasting trend.
To be more specific :
The indicator plots sma21, sma55, sma89 and AMA = (sma21+sma55+sma89)/3
When the closing price crosses the highest of the 3 sma, it is considered a bullish confirmation.
At this moment two lines appear, one on the bottom of the candle that crossed, one on the crossing point.
The lowest line can be used as the stop loss value of a long.
The highest line can be used as an entry point for a long.
When the closing price crosses the lowest of the 3 sma, it is considered a bearish confirmation.
At this moment two lines appear, one on the top of the candle that crossed, one on the crossing point.
The highest line can be used as the stop loss value of a short.
The lowest line can be used as an entry point for shorts.
When the closing price is above AMA, it is considered a bullish confirmation.
At this time a blue background appears at the crossing point.
The highest line can be used as the stop loss value for a long.
The starting point of the background can be used as the entry point for a long.
When the closing price is below AMA, it is considered a bearish confirmation.
At this time a red background appears at the crossing point.
The highest line can be used as the stop loss value for a short.
The starting point of the background can be used as the entry point for a short.
When the price is above 3 sma the candles turn blue. Signifying an upward trend.
When the price is below 3 sma the candles turn red. Signifying a bearish trend.
When the price is neither simultaneously above nor below the 3 sma, the candles are gray and the background linked to AMA becomes less vivid. Meaning a loss of vitality of the current trend or an absence of a clear trend.
Ideally, you should take a position towards "Real Long/Short Entry", set your stop loss towards "Ideal Long/Short Entry", and close the trade either when the background ends (riskier but more potential), or when the candles become gray (more conservative but noisier).
In the inputs, you can modify the display rules (explained in the tooltips), by default everything is displayed.
volume stopsLooks at increasing or decreasing volume over the last 3 bars as well as how the last three price bars have close. The idea is to use a color bar as confirmation of support/resistance at that level.
