Titan Wings 3 (by Oberlunar)

5 giorni fa

Titan Wings 3: Volatility and Trend Dynamics Tool

Description:
Titan Wings 3 is a comprehensive indicator designed to help traders navigate complex market conditions by integrating volatility analysis, advanced moving averages, and dynamic signal generation. This script is not a simple combination of public domain tools; it is a carefully engineered system that merges statistical insights with market structure analysis to deliver actionable signals.

Core Functionality:
The indicator uses log returns to calculate volatility, which is then conditioned by price behavior relative to multiple moving averages. Volatility bands are dynamically adjusted based on percentile ranks, standard deviations, and ATR values to provide traders with precise zones of market activity. These bands are visualized on the chart, highlighting areas of potential breakout or reversal.

Titan Wings 3 features three types of moving averages—Exponential (EMA), Simple (SMA), and Hull (HMA)—giving users flexibility to align the tool with their trading strategies. The script evaluates price action relative to these averages, identifying critical zones where market sentiment shifts.

In addition to trend-following metrics, the script dynamically generates labels to signal key trading opportunities. These signals are derived from normalized distance calculations between the price and selected moving averages, combined with a proprietary methodology for filtering noise and amplifying significant trends.

Why Titan Wings 3 Stands Out:

• Originality: Titan Wings 3 is not a generic mashup of indicators. Its unique normalization technique for distance metrics, percentile-based volatility thresholds, and the use of Hull Moving Averages make it a sophisticated tool for identifying high-probability trades.
  
• Actionable Insights: The script provides real-time labels and visual cues for both long and short opportunities, allowing traders to act decisively during key moments of price action.
  
• Adaptability: The customizable parameters for moving average types, percentile thresholds, and volatility multipliers ensure that the tool can adapt to various market conditions and trading styles.
  

How It Works:
Volatility Bands: Percentile-based calculations and ATR/standard deviation multipliers are used to create adaptive upper and lower bands, highlighting areas of market expansion and contraction.
Dynamic Labels: Signals are generated based on normalized metrics that measure the price's relationship to key moving averages, providing a reliable framework for trend identification.
Visual Overlays: The script fills specific price zones with color-coded areas to indicate bullish or bearish conditions, enhancing the clarity of market structure.

How to Use It:

• Adjust the moving average type and parameters to align with your trading style.
  
• Use the volatility bands to identify breakouts or reversals.
  
• Follow the real-time labels to confirm potential trade entries.
  
• Pay attention to the visual overlays to quickly assess market sentiment.
  

3 giorni fa

Note di rilascio

Standardized in the Hull MA -
you can change it by changing the options.

l’altro ieri

Note di rilascio

The input section was reorganized for clarity.

l’altro ieri

Note di rilascio

Added Full and Mitigated (partially covered) Fair Value Gaps

ieri

Note di rilascio

bug fix

ieri

Note di rilascio

Fixed a pesky, minor bug that was causing altered signals.

I believe we've now reached a stable version—thank you for your support!

ieri

Note di rilascio

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