OPEN-SOURCE SCRIPT
Turbo Trigger

Some Words
This indicator is a collaboration between me and Himeyuri, i encourage you to check her profile and follow her tradingview.com/u/Himeyuri/
Introduction
A lot of indicators include a "trigger" line, it can be a smoothed version of another input, in this case the trigger will generate signals from his crosses with the input. The purpose of this indicator is to provide a fast trigger line to generate earlier signals as well as avoiding some whipsaw.
The Indicator
There are two lines, a bull line (blue) and the trigger (orange), when the trigger cross over the bull line a buy signal is generated, when the trigger cross under the bull line a sell signal is generated. The trigger is made from the smoothed difference between the bull and bear line.
smooth control the smoothness of the output. The Bull/Bear Mode is an idea proposed by Himeyuri that involve plotting the bear line instead of the trigger.

Bull/Bear Mode, the lines are somewhat asymmetrical from each others.
Conclusion
We have showcased a new indicator who use a really fast trigger line to generate earlier signals, if some are way to earlier you can still increase smooth in order to correct reactivity. I hope you find a use to it.
Thanks for reading !
A big thanks to Himeyuri who is a great student and great pinescripter.
This indicator is a collaboration between me and Himeyuri, i encourage you to check her profile and follow her tradingview.com/u/Himeyuri/
Introduction
A lot of indicators include a "trigger" line, it can be a smoothed version of another input, in this case the trigger will generate signals from his crosses with the input. The purpose of this indicator is to provide a fast trigger line to generate earlier signals as well as avoiding some whipsaw.
The Indicator
There are two lines, a bull line (blue) and the trigger (orange), when the trigger cross over the bull line a buy signal is generated, when the trigger cross under the bull line a sell signal is generated. The trigger is made from the smoothed difference between the bull and bear line.
smooth control the smoothness of the output. The Bull/Bear Mode is an idea proposed by Himeyuri that involve plotting the bear line instead of the trigger.
Bull/Bear Mode, the lines are somewhat asymmetrical from each others.
Conclusion
We have showcased a new indicator who use a really fast trigger line to generate earlier signals, if some are way to earlier you can still increase smooth in order to correct reactivity. I hope you find a use to it.
Thanks for reading !
A big thanks to Himeyuri who is a great student and great pinescripter.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Check out the indicators we are making at luxalgo: tradingview.com/u/LuxAlgo/
"My heart is so loud that I can't hear the fireworks"
"My heart is so loud that I can't hear the fireworks"
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Check out the indicators we are making at luxalgo: tradingview.com/u/LuxAlgo/
"My heart is so loud that I can't hear the fireworks"
"My heart is so loud that I can't hear the fireworks"
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.