OPEN-SOURCE SCRIPT
ProfitStars_Signals
Script based on various methods of technical analysis. This tool combines:
1) definition of inclined support and resistance levels
2) fixation of price breakout of inclined levels, during which liquidity is collected and stop losses are triggered
Thus, the indicator determines potentially false breakouts of inclined levels.
Label "B" - buy signal (when the resistance level is broken)
Label "S" - sell signal (when the support level is broken)
Label "FIX" - position fixation
the indicator contains position averaging
Parameters:
MA / Standard / Deviation Length / Extra High Multiplier - responsible for determining the presence of liquidity (universal settings are specified by default)
Signal strength / Signal accuracy - responsible for the accuracy of the signal, these parameters can be independently adjusted to the market:
Signal accuracy - optimal value 85 - 115
Signal accuracy - optimal value 90 - 250
The indicator does not contain history rewriting properties
A very important setting is "Flat Filter". This is an additional transaction filter that filters abnormally impulse movements on the market, since the indicator works best in correction movements. The filter is based on determining the corrective price movement within a certain range
ARBUSDT.P
"Flat Filter" filter settings:
- If the "Flat Filter" checkbox is enabled, the filter is applied
- "Flat size" – the size of the correction movement within which signals are given (the optimal value is set by default to 155)
- "Flat Multiplier" – the multiplier of the size of the correction movement (the optimal value is set by default to 1.5)
- "Flat length" – is responsible for restructuring the flat (the higher the value, the more stable the flat)
The indicator is constantly supported and will be supplemented with useful functions: signal filters, additional options for fixing positions, stop losses
1) definition of inclined support and resistance levels
2) fixation of price breakout of inclined levels, during which liquidity is collected and stop losses are triggered
Thus, the indicator determines potentially false breakouts of inclined levels.
Label "B" - buy signal (when the resistance level is broken)
Label "S" - sell signal (when the support level is broken)
Label "FIX" - position fixation
the indicator contains position averaging
Parameters:
MA / Standard / Deviation Length / Extra High Multiplier - responsible for determining the presence of liquidity (universal settings are specified by default)
Signal strength / Signal accuracy - responsible for the accuracy of the signal, these parameters can be independently adjusted to the market:
Signal accuracy - optimal value 85 - 115
Signal accuracy - optimal value 90 - 250
The indicator does not contain history rewriting properties
A very important setting is "Flat Filter". This is an additional transaction filter that filters abnormally impulse movements on the market, since the indicator works best in correction movements. The filter is based on determining the corrective price movement within a certain range
ARBUSDT.P "Flat Filter" filter settings:
- If the "Flat Filter" checkbox is enabled, the filter is applied
- "Flat size" – the size of the correction movement within which signals are given (the optimal value is set by default to 155)
- "Flat Multiplier" – the multiplier of the size of the correction movement (the optimal value is set by default to 1.5)
- "Flat length" – is responsible for restructuring the flat (the higher the value, the more stable the flat)
The indicator is constantly supported and will be supplemented with useful functions: signal filters, additional options for fixing positions, stop losses
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.
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