OPEN-SOURCE SCRIPT
Combined G TREND and MA OrderBlocks
Description of the Combined G TREND and MA OrderBlocks Indicator
The Combined G TREND and MA OrderBlocks indicator is a versatile trading tool designed for use on financial charts. It integrates two powerful methodologies: G TREND, which utilizes Average True Range (ATR) for dynamic stop-loss management, and MA OrderBlocks, which identifies key support and resistance levels based on moving averages and pivot points.
Key Features:
Trend Direction: The indicator determines the market trend using a moving average, allowing traders to identify bullish or bearish phases in the market.
Dynamic Stops: The G TREND component calculates long and short stop levels based on ATR, providing traders with adaptive stop-loss levels that adjust to market volatility.
Order Blocks: The indicator highlights significant order blocks (support and resistance zones) using colored boxes, making it easier for traders to visualize critical price levels.
Buy/Sell Signals: The indicator generates clear buy and sell signals, displaying "Buy" labels near bullish order blocks (green) and "Sell" labels near bearish order blocks (red). This helps traders make informed entry and exit decisions.
Customization: Users can customize various parameters, including ATR period, moving average type, and colors for bullish and bearish signals, allowing for a personalized trading experience.
The Combined G TREND and MA OrderBlocks indicator is a versatile trading tool designed for use on financial charts. It integrates two powerful methodologies: G TREND, which utilizes Average True Range (ATR) for dynamic stop-loss management, and MA OrderBlocks, which identifies key support and resistance levels based on moving averages and pivot points.
Key Features:
Trend Direction: The indicator determines the market trend using a moving average, allowing traders to identify bullish or bearish phases in the market.
Dynamic Stops: The G TREND component calculates long and short stop levels based on ATR, providing traders with adaptive stop-loss levels that adjust to market volatility.
Order Blocks: The indicator highlights significant order blocks (support and resistance zones) using colored boxes, making it easier for traders to visualize critical price levels.
Buy/Sell Signals: The indicator generates clear buy and sell signals, displaying "Buy" labels near bullish order blocks (green) and "Sell" labels near bearish order blocks (red). This helps traders make informed entry and exit decisions.
Customization: Users can customize various parameters, including ATR period, moving average type, and colors for bullish and bearish signals, allowing for a personalized trading experience.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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.