Inizia

Indicatori e strategie

Engulfing Pattern with Volume and EMAs **Strategy Overview: This strategy combines price action (Engulfing patterns), volume analysis, trend confirmation (EMAs), and noise reduction (ATR filter) to generate high-probability trading signals. Engulfing Pattern with Volume, EMAs, and Market Noise Filter** This strategy identifies bullish and bearish Engulfing candlestick patterns, combined with volume analysis, moving averages (EMAs), and a market noise filter to generate trading signals. **Key Components:** 1. **Engulfing Pattern Detection:** - **Bullish Engulfing**: A green candle completely engulfs the previous red candle. - **Bearish Engulfing**: A red candle completely engulfs the previous green candle. 2. **Volume Filter:** - Signals are validated only if the current volume is higher than the 20-period Simple Moving Average (SMA) of volume. 3. **EMA Indicators:** - Three EMAs are plotted: 50-period (blue), 89-period (orange), and 200-period (red). - These EMAs help identify the trend direction and provide additional confirmation. 4. **Market Noise Filter:** - Uses the Average True Range (ATR) to filter out insignificant price movements. - A signal is considered valid only if the price movement (absolute difference between open and close) is greater than 0.5 times the 14-period ATR. **Trading Signals:** **Buy Signal**: - Bullish Engulfing pattern + High volume (above SMA 20) + Significant price movement (filtered by ATR). - Plotted as a green "BUY" label below the candle. **Sell Signal**: - Bearish Engulfing pattern + High volume (above SMA 20) + Significant price movement (filtered by ATR). - Plotted as a red "SELL" label above the candle. **Customization:** - Users can adjust EMA lengths, volume SMA period, and ATR multiplier to suit their trading preferences.
Indicatore Pine Script™
di herbieheguel271124
TradeFlow EliteTradeFlow Elite - Fixed Indicator: Detailed Description Overview The TradeFlow Elite - Fixed indicator is a modified Hull Moving Average (HMA) system designed for trend detection, entry signals, and visualization in TradingView charts. It provides a smoothed moving average with reduced lag, allowing traders to identify trend changes more effectively. The indicator also includes customizable alerts, dynamic color changes, and a multi-timeframe option to enhance usability. // join our X account for LIVE market insights: @ForecasterInfo // // Free telegram bot with LIVE data // send a message to get invite! Key Features Hull Moving Average (HMA) Calculation The indicator applies the Hull Moving Average (HMA) formula, which is a weighted moving average that reduces lag while maintaining smoothness. The user can modify the length multiplier, adjusting the sensitivity of the trend detection. Multi-Timeframe Support Users can choose to display the Hull MA from a higher timeframe (HTF) instead of the current chart timeframe. This helps traders identify broader trends while trading on lower timeframes. Dynamic Color Coding for Trend Identification Green when the Hull Moving Average is trending up (Bullish trend). Red when the Hull Moving Average is trending down (Bearish trend). Orange when the default color is used without trend-based color changes. The color coding helps traders visually confirm trend direction and potential reversals. Band Visualization Option The user can choose to display the indicator as a single line or as a band with a secondary Hull MA (previous value). The band provides additional confirmation of trend strength. Alerts for Trend Reversals The script detects changes in trend direction and generates buy or sell alerts accordingly. The alerts are triggered when: The color shifts from red to green (Buy signal). The color shifts from green to red (Sell signal). These alerts ensure that traders do not miss key trend shifts. Customizable Settings Source price: Users can choose which price value (Close, Open, High, Low, etc.) to use in the calculation. Hull Variation: Currently, only HMA (Hull Moving Average) is used, but future versions could include THMA (Triple Hull MA) or EHMA (Exponential Hull MA). Line thickness & transparency: Users can modify line width and transparency for better visualization. Alerts & Labels: The indicator automatically plots labels ("Buy" and "Sell") at trend change points. Use Case Scenarios 1. Trend Following Strategy Traders can enter long positions when the Hull MA turns green and exit when it turns red. It helps eliminate noise from minor price fluctuations and focus on the overall trend. 2. Reversal Trading A sudden change from red to green or green to red signals a potential market reversal. Traders can use these alerts to catch early reversals before major price moves. 3. Multi-Timeframe Confirmation If a trader is scalping on a 5-minute chart, they can enable the higher timeframe setting (e.g., 1-hour or 4-hour) to align trades with the dominant trend. This helps avoid counter-trend trades. 4. Visual Aid for Manual Trading The color-changing Hull MA simplifies market structure analysis. The band visualization provides additional confluence when paired with other technical indicators like RSI, MACD, or volume-based analysis.
Indicatore Pine Script™
di JMCB-82
1
2 Non-Wick Heikin Ashi Consecutive Candles DetectorHeikin Ashi Consecutive No-Wick Detector This indicator is designed to detect and highlight consecutive Heikin Ashi candles without wicks. It identifies patterns where two bullish or two bearish Heikin Ashi candles appear without wicks, which can indicate strong trend momentum. Ideally, you want to enter when the signal is printed, becasue there is usually continuation afterwards. Nonetheless, always use context in the markets, a signal is stronger if it is near a strong suppor and resistance zones, MA, etc. Features: Heikin Ashi Candles Calculation: The indicator calculates Heikin Ashi candle values for precise pattern identification. Bullish No-Wick Candles: Detects bullish Heikin Ashi candles with no lower wick. Bearish No-Wick Candles: Detects bearish Heikin Ashi candles with no upper wick. Consecutive Candle Detection: Identifies two consecutive bullish or bearish no-wick candles to signal strong trend momentum. Visual Highlights: Highlights detected patterns on the chart with green or red background colors. Alerts: Provides customizable alerts for detected patterns to aid in trading decisions. Visual Markers: Plots visual markers for easy spotting of bullish and bearish no-wick patterns. How to Use: Add the indicator to your chart. The indicator will automatically calculate Heikin Ashi candles and detect patterns. Look for highlighted areas on the chart: Green background for two consecutive bullish no-wick candles. Red background for two consecutive bearish no-wick candles. Use the alerts and visual markers to aid in your trading strategy. This indicator helps traders identify strong trend momentum by detecting consecutive no-wick Heikin Ashi candles. It provides visual highlights, alerts, and markers to enhance your trading decisions.
Indicatore Pine Script™
di readysetfire
SMA CROSS v1.01 by ScorpioneroSMA Indicator v1.01 – Multi-Timeframe Trading Tool This vibrant and colorful indicator is an essential tool for traders, providing a bullish and bearish alert based on the crossover of SMA 10, SMA 60, and SMA 223. Designed for multi-timeframe analysis, it features a structured table displaying moving averages across multiple timeframes: 📊 Included Timeframes: ✅ 1m, 3m, 5m, 15m, 30m, 1h, 4h, 1d 🔥 Key Features: Bullish & Bearish Alerts based on SMA crossovers Multi-Timeframe SMA Table for quick trend analysis Dynamic and Colorful Design to enhance visibility Perfect for Day Traders and Swing Traders 🎯 Why Use It? With real-time updates and clear visual cues, this indicator helps traders identify trends, confirm entries, and manage risk effectively across different timeframes. 🚀 Version 1.01 – Optimized for Smart Trading!
Indicatore Pine Script™
di scorpionero
Schwarzman Custom ORB with Box DisplayIndicator Overview The Schwarzman Custom ORB (Opening Range Breakout) Indicator is a fully self-developed script designed for traders who utilize opening range breakout strategies. This indicator allows users to customize their ORB settings, apply them to historical price data, and visually connect multiple ORBs to analyze past performance. The goal is to provide traders with a tool to backtest and refine their breakout strategies based on historical ORB data. How the Indicator Works 1️⃣ User-Defined ORB Settings • The user selects a custom start time (hour and minute) for the ORB. • The user defines a duration (e.g., 15 minutes, 30 minutes, etc.) for the ORB period. • A timezone offset is included to adjust for different market sessions. 2️⃣ ORB High and Low Calculation • The script records the highest and lowest prices within the selected ORB time window. • The recorded values remain static after the ORB period ends, ensuring accurate range plotting. 3️⃣ Historical ORB Visualization • Instead of only showing a single ORB for the current session, this indicator connects multiple ORBs across past data. • This allows traders to visually analyze previous breakout performance. • The plotted ORBs remain fixed and do not repaint, ensuring an accurate backtesting experience. 4️⃣ Stepline Visualization & Range Filling • The high and low ORB levels are displayed using stepline plots to maintain clear horizontal levels. • A shaded box is applied between the ORB high and low for better visualization. Use Cases & Strategy Application 📌 Backtesting Historical ORBs – See how past ORBs performed under different market conditions. 📌 Custom ORB Settings – Adjust the start time and duration for different trading sessions. 📌 Multi-ORB Analysis – Connect ORBs over multiple trading days to study trends and breakouts. 📌 Breakout Strategy Optimization – Use the historical ORB connections to refine entry and exit points. This indicator is particularly useful for day traders, scalpers, and breakout traders looking for a data-driven approach to trading. Indicator Development & Transparency Statement As a trader, I have tested various ORB (Opening Range Breakout) indicators available in the TradingView community. Through these experiences, I aimed to develop a version that best fits my own trading needs and strategy. This script is a self-developed ORB tool, created from scratch while drawing inspiration from the concept of opening range breakouts, which is widely used in trading. Since I initially coded in Pine Script v4, I used ChatGPT to help refine and migrate the script to Pine Script v6 to ensure compatibility with the latest TradingView features. However, the core logic, structure, and customization were entirely designed and implemented based on my own approach. I am making this indicator public not to violate any TradingView guidelines but to share my work with the trading community and provide a tool that can help others analyze ORB-based strategies. If there are any compliance concerns, I am open to adjusting the script accordingly, but I want to clarify that this is not a copy of any existing ORB script—it is a custom-built indicator tailored to my own trading preferences. I appreciate the opportunity to contribute to the community and would welcome any specific feedback from TradingView regarding rule compliance. Best regards, Janko S. (Schwarzman) Appeal to TradingView Dear TradingView Team, This script is 100% self-developed and does not copy or replicate any third-party code. It is a customized ORB tool designed for traders who wish to backtest and analyze opening range breakout strategies over multiple sessions. We kindly request specific clarification regarding which exact line(s) of code violate TradingView’s guidelines. If there are any compliance concerns, we are happy to adjust the script accordingly. Please let us know the precise rules or community guidelines that were violated so we can make the necessary modifications. 🚀 Summary ✔ Fully Custom & Self-Developed – No copied or third-party code. ✔ Innovative Feature – Connects past ORBs for strategy backtesting. ✔ Transparent & Compliant – Requesting exact details on any potential rule violations.
Indicatore Pine Script™
di schwarzman
Daily Time TheoryDaily Time Theory Indicator The Daily Time Theory indicator is a versatile tool designed exclusively for daily charts. It dynamically colors daily candles according to the day of the week using customizable colors, making it easy to visually distinguish between Monday through Friday. In addition, it provides the option to display horizontal lines for key price levels (Open, High, Low, and Close) for each day. These lines extend into the future for a user-defined number of weeks, giving traders a clear view of historical support and resistance levels. Key Features: Day-Based Candle Coloring: Each weekday’s candles are automatically colored based on user-defined color settings (e.g. blue for Monday, green for Tuesday, etc.), enhancing chart clarity and enabling quick visual analysis of daily patterns. Customizable Price Level Lines: Traders can toggle on or off the display of the Open, High, Low, and Close price levels for each day. This allows you to focus on the specific data points that are most relevant to your trading strategy. Extended Projections: The indicator lets you extend the drawn price level lines for multiple weeks. This feature provides insight into historical price levels and helps identify potential support and resistance areas. Tiny Labels for Clarity: Each line drawn comes with a small, unobtrusive label at its far right that clearly indicates whether the line represents the Open, High, Low, or Close. This ensures that you always know which price level is being highlighted without cluttering the chart. User-Friendly Input Grouping: The inputs are neatly organized into groups by day, making it simple to adjust colors and toggle settings for each weekday independently. How It Works: The indicator automatically detects the current day on a daily chart and assigns a corresponding color to the candles. It stores each day’s Open, High, Low, and Close values using persistent variables so that historical price levels remain visible. When toggled on, horizontal lines representing the selected price levels are drawn across the chart. A tiny label is attached to the end of each line, indicating the type of price level. The extended lines allow you to see how historical daily price levels may act as support or resistance in the future. Usage Recommendations: This indicator is best used on daily timeframes for markets with regular trading sessions. It is ideal for traders who wish to analyze intra-week price behavior, identify recurring support and resistance levels, and incorporate daily price structure into their trading strategy.
Indicatore Pine Script™
di Airn_33
Candle Range TheoryCandle Range Analysis: Calculates the true range of each candle Shows a 14-period SMA of the range (adjustable) Dynamic bands based on standard deviation Visual Components: Colored histogram showing range deviations from mean Signal line for oscillator smoothing Expansion/contraction zones marked with dotted lines Arrow markers for extreme range conditions Key Functionality: Identifies range expansion/contraction relative to historical volatility Shows normalized range oscillator (-100% to +100% scale) Includes visual and audio alerts for extreme range conditions Customizable parameters for sensitivity and smoothing Interpretation: Red zones indicate above-average volatility/expansion Green zones indicate below-average volatility/contraction Crossings above/below zero line show range expansion/contraction Signal line crossover system potential
Indicatore Pine Script™
di psrussel
VIXION Follow The MoneyHow It Works • Money Flow Visualization: The indicator displays market money flow as a filled area. When the money flow is positive, it appears in GREEN, and when it is negative, it switches to RED. This dual display helps you quickly gauge the strength and direction of market momentum. • Signal Markers: Triangle markers are plotted when the money flow crosses the zero line: • Green Triangle: Indicates that money flow has moved into positive territory, suggesting increasing bullish momentum. • Red Triangle: Indicates that money flow has turned negative, suggesting increasing bearish momentum. • Trend Context with WaveTrend: Alongside the money flow, the indicator shows two trend waves. These elements provide additional context on the overall market trend, highlighting potential overbought or oversold conditions. How to Use It 1. Observe the Money Flow: Look at the filled area and its outline. A rising, GREEN colored area may signal strong buying pressure, while a falling, RED colored area may indicate selling pressure. 2. Watch for Crossover Signals: Pay attention to the green and red triangle markers. These markers help you identify key moments when the momentum shifts, serving as potential entry or exit signals. 3. Consider the Trend Elements: Use the WaveTrend waves and the fast-moving line to confirm the money flow signals. When both the money flow and trend elements point in the same direction, the signal is generally stronger. 4. Integrate with Your Strategy: Combine the signals from this indicator with other technical analysis tools and risk management practices. This can help you make more informed trading decisions and manage your exposure effectively.
Indicatore Pine Script™
di IMVIXION
Kapsamlı PA + Trend & Hedef GöstergeAşağıda kodun işlevlerini detaylı olarak açıklıyorum. Bu gösterge, Price Action (PA) analizini en kapsamlı şekilde yaparak grafik üzerinde önemli fiyat hareketlerini vurgular. --- 📌 Kodun İşlevleri ve Grafik Üzerindeki Gösterimleri Aşağıda göstergenin yaptığı işlemleri, neyi analiz ettiğini ve grafikte nasıl gösterildiğini tek tek açıklıyorum. --- 🔹 1. Hareketli Ortalamalar ve Trend Belirleme 📌 İşlevi: 50 EMA ve 200 EMA hesaplanarak trend yönü belirlenir. 50 EMA > 200 EMA → Yükseliş Trendindeyiz 50 EMA < 200 EMA → Düşüş Trendindeyiz 📊 Grafikte Gösterimi: ✔ 50 EMA (Mavi çizgi) ✔ 200 EMA (Kırmızı çizgi) --- 🔹 2. Swing High ve Swing Low Noktaları 📌 İşlevi: Sol ve sağ çubukları (bars) analiz ederek önemli dip ve tepe noktalarını belirler. Bunlar, trend dönüş noktaları veya destek/direnç bölgeleri olarak çalışabilir. 📊 Grafikte Gösterimi: ✔ Swing High → Kırmızı aşağı ok (Düşüş gelebilir) ✔ Swing Low → Yeşil yukarı ok (Yükseliş gelebilir) --- 🔹 3. İç Bar (Inside Bar) Tespiti 📌 İşlevi: Fiyat hareketinin bir önceki çubuğun (bar) içinde sıkışıp sıkışmadığını kontrol eder. Piyasada sıkışıklık varsa, güçlü bir breakout gelebilir. 📊 Grafikte Gösterimi: ✔ İç Bar → Mavi daire --- 🔹 4. Engulfing Mum Formasyonları 📌 İşlevi: Boğa Engulfing (Bullish Engulfing) → Alım Sinyali Ayı Engulfing (Bearish Engulfing) → Satış Sinyali Büyük gövdeli mumların, önceki mumları tamamen yuttuğunu tespit eder. Bu formasyonlar güçlü dönüş sinyalleri olabilir. 📊 Grafikte Gösterimi: ✔ Boğa Engulfing → Yeşil "BE" etiketi (Güçlü yükseliş sinyali) ✔ Ayı Engulfing → Kırmızı "AE" etiketi (Güçlü düşüş sinyali) --- 🔹 5. Pin Bar Algılama (Sahte Kırılım / Fake Out) 📌 İşlevi: Uzun fitilli ve küçük gövdeli mumları (Pin Bar) tespit eder. Pin Bar’lar, fiyatın yukarı/aşağı hareket ederken sahte kırılım yaptığını gösterir. Genellikle trend dönüşü veya devamı için önemli sinyallerdir. 📊 Grafikte Gösterimi: ✔ Pin Bar → Turuncu üçgen yukarı ok --- 🔹 6. Boşluk (GAP) Algılama 📌 İşlevi: Fiyatın bir önceki kapanıştan belirli bir mesafede açılması durumunda GAP oluştuğunu tespit eder. GAP’ler genellikle fiyat tarafından doldurulur ve önemli dönüş noktaları olabilir. 📊 Grafikte Gösterimi: ✔ Gap Up → Mavi daire (Aşağı dolma ihtimali yüksek) ✔ Gap Down → Kırmızı daire (Yukarı dolma ihtimali yüksek) --- 🔹 7. Breakout (Kırılım) Tespiti 📌 İşlevi: Son Swing High seviyesinin üzerinde veya Swing Low seviyesinin altında kapanış olup olmadığını kontrol eder. Hacim filtresi ile desteklenen kırılımlar, sahte kırılımları (fakeout) engellemeye yardımcı olur. 📊 Grafikte Gösterimi: ✔ Yukarı Breakout → Yeşil yukarı ok (Trend yukarı kırıldı!) ✔ Aşağı Breakout → Bordo aşağı ok (Trend aşağı kırıldı!) --- 🔹 8. Fibonacci Genişleme Hedefleri 📌 İşlevi: Son Swing High ve Swing Low seviyelerine göre Fibonacci hedef seviyeleri hesaplanır. Fiyatın gidebileceği potansiyel direnç veya destek seviyelerini tahmin eder. 📊 Grafikte Gösterimi: ✔ Fib Hedef 1 → Açık mavi çizgi ✔ Fib Hedef 2 → Pembe çizgi --- 🔹 9. Destek & Direnç Zonları (Supply & Demand Zones) 📌 İşlevi: Son Swing High ve Swing Low seviyelerini destek ve direnç olarak çizer. Bu seviyeler, fiyatın tepki verebileceği önemli bölgelerdir. 📊 Grafikte Gösterimi: ✔ Direnç → Kırmızı yatay çizgi ✔ Destek → Yeşil yatay çizgi --- 🔹 10. Likidite Alanları (Stop Avı Bölgeleri) 📌 İşlevi: Fiyatın önceki swing noktalarını temizleyerek stop avı yapıp yapmadığını tespit eder. Likidite bölgeleri, büyük oyuncuların stopları avladığı yerlerdir. 📊 Grafikte Gösterimi: ✔ Likidite Avı (Stop Hunt) Üst → Mor aşağı ok ✔ Likidite Avı (Stop Hunt) Alt → Mor yukarı ok --- 🔹 11. Çift Tepe & Çift Dip Algılama 📌 İşlevi: İki kez aynı seviyeye dokunan ve tepki veren fiyat hareketlerini tespit eder. Çift Tepe → Satış baskısı artıyor olabilir. Çift Dip → Alım baskısı artıyor olabilir. 📊 Grafikte Gösterimi: ✔ Çift Tepe → Kırmızı aşağı üçgen (Düşüş sinyali) ✔ Çift Dip → Yeşil yukarı üçgen (Yükseliş sinyali) --- 📌 SONUÇ: Bu Gösterge Neler Sunuyor? Bu gösterge, Price Action (PA) analizinde tam kapsamlı bir araç sunarak aşağıdaki konularda yatırımcıya yardımcı olur: ✅ Trend Analizi (EMA’lar ile) ✅ Destek & Dirençler (Swing High & Low seviyeleri) ✅ Boğa/Ayı Formasyonları (Engulfing, Inside Bar, Pin Bar, Çift Tepe & Çift Dip) ✅ Breakout & Hacim Filtreleme (Sahte kırılımları engelleme) ✅ Likidite Bölgeleri (Stop Avı tespiti) ✅ Fibonacci Hedefleri (Olası fiyat gidişatını belirleme) Bu gösterge sayesinde manuel analiz ihtiyacı azalır ve Price Action’a dayalı stratejiler daha kolay uygulanabilir. 🚀📈
Indicatore Pine Script™
di PARDUS25
Candle Cross Moving AverageИндикатор рисует двухцветный Moving Average (MA): 1. Синий цвет - цена открытия и закрытия предыдущего бара выше линии MA. 2. Красный цвет - цена открытия и закрытия предыдущего бара ниже линии MA. Так же в настройках можно менять: 1. тип MA (Simple, Exponential, Smoothed, Linear); 2. период MA.
Indicatore Pine Script™
di raw.food.trader
OAT Multiple Alert ConditionsOverview: The OAT Multiple Alert Conditions indicator is designed to enhance TradingView’s alert functionality by allowing users to set multiple conditions for webhook-based alerts. This script enables traders to define up to four independent conditions using different event types (e.g., crossing, greater than, rising, etc.), making it ideal for automated trading strategies and webhook integrations. Features: ✅ Supports up to 4 independent conditions. ✅ Multiple event types: Crossing, Crossing Up, Crossing Down, Greater Than, Less Than, Rising, Falling. ✅ Choose between value-based or source-based conditions. ✅ Custom timeframes for each condition. ✅ Optional session filtering and expiration settings. ✅ Visual markers for triggered conditions. ✅ Alerts for individual conditions or all conditions being met. How It Works: Configure each condition by selecting the event type and input values. Define whether the alert should trigger on bar close or real-time. Enable session filtering to limit alerts to specific trading hours. Set an expiration date for alerts if needed. Alerts can be sent via TradingView’s webhook feature for automated execution. Intended Use: This script is a utility tool for traders using automated strategies with the Options Auto Trader. It does not generate trading signals or provide financial advice. It is designed to enhance alert flexibility and efficiency for trading through webhooks. License & Compliance: This script is published under the Mozilla Public License 2.0 and follows TradingView’s guidelines. It does not execute trades but simply provides an enhanced alerting mechanism.
Indicatore Pine Script™
di tenpercentcreditspreads
GpPa - Φ Environmental ToolsGpPa - Φ Environmental Tools Descripción: Este indicador genera un "entorno ponderado en phi" que delimita zonas relevantes para aplicar estrategias de análisis técnico. Se crean cajas (boxes) para distintos marcos temporales (610, 233, 89, 34 y 13 minutos) que demarcan rangos de datos óptimos. Dentro de cada caja se dibujan dos líneas: - La línea EME: delimita una zona del 80% (izquierda) y 20% (derecha) del rango de la caja. - La línea HPP: se calcula en función del conteo de velas, posicionándose desde el extremo izquierdo de la caja hacia la derecha (más cercana al precio), evitando sesgos causados por gaps (fin de semana, festivos, etc.). Este entorno busca proveer un margen óptimo que no abarque "poco o muchos datos", adecuado para cualquier tipo de análisis técnico.
Indicatore Pine Script™
di ricardo_ndns
Enhanced Bollinger Bands Strategy with SL/TP// Title: Enhanced Bollinger Bands Strategy with SL/TP // Description: // This strategy is based on the classic Bollinger Bands indicator and incorporates Stop Loss (SL) and Take Profit (TP) levels for automated trading. It identifies potential long and short entry points based on price crossing the lower and upper Bollinger Bands, respectively. The strategy allows users to customize several parameters to suit different market conditions and risk tolerances. // Key Features: // * **Bollinger Bands:** Uses Simple Moving Average (SMA) as the basis and calculates upper and lower bands based on a user-defined standard deviation multiplier. // * **Customizable Parameters:** Offers extensive customization, including SMA length, standard deviation multiplier, Stop Loss (SL) in pips, and Take Profit (TP) in pips. // * **Long/Short Position Control:** Allows users to independently enable or disable long and short positions. // * **Stop Loss and Take Profit:** Implements Stop Loss and Take Profit levels based on pip values to manage risk and secure profits. Entry prices are set to the band levels on signals. // * **Visualizations:** Provides options to display Bollinger Bands and entry signals on the chart for easy analysis. // Strategy Logic: // 1. **Bollinger Bands Calculation:** The strategy calculates the Bollinger Bands using the specified SMA length and standard deviation multiplier. // 2. **Entry Conditions:** // * **Long Entry:** Enters a long position when the closing price crosses above the lower Bollinger Band and the `Enable Long Positions` setting is enabled. // * **Short Entry:** Enters a short position when the closing price crosses below the upper Bollinger Band and the `Enable Short Positions` setting is enabled. // 3. **Exit Conditions:** // * **Stop Loss:** Exits the position if the price reaches the Stop Loss level, calculated based on the input `Stop Loss (Pips)`. // * **Take Profit:** Exits the position if the price reaches the Take Profit level, calculated based on the input `Take Profit (Pips)`. // Input Parameters: // * **SMA Length (length):** The length of the Simple Moving Average used to calculate the Bollinger Bands (default: 20). // * **Standard Deviation Multiplier (mult):** The multiplier applied to the standard deviation to determine the width of the Bollinger Bands (default: 2.0). // * **Enable Long Positions (enableLong):** A boolean value to enable or disable long positions (default: true). // * **Enable Short Positions (enableShort):** A boolean value to enable or disable short positions (default: true). // * **Pip Value (pipValue):** The value of a pip for the traded instrument. This is crucial for accurate Stop Loss and Take Profit calculations (default: 0.0001 for most currency pairs). **Important: Adjust this value to match the specific instrument you are trading.** // * **Stop Loss (Pips) (slPips):** The Stop Loss level in pips (default: 10). // * **Take Profit (Pips) (tpPips):** The Take Profit level in pips (default: 20). // * **Show Bollinger Bands (showBands):** A boolean value to show or hide the Bollinger Bands on the chart (default: true). // * **Show Entry Signals (showSignals):** A boolean value to show or hide entry signals on the chart (default: true). // How to Use: // 1. Add the strategy to your TradingView chart. // 2. Adjust the input parameters to optimize the strategy for your chosen instrument and timeframe. Pay close attention to the `Pip Value`. // 3. Backtest the strategy over different periods to evaluate its performance. // 4. Use the `Enable Long Positions` and `Enable Short Positions` settings to customize the strategy for specific market conditions (e.g., only long positions in an uptrend). // Important Notes and Disclaimers: // * **Backtesting Results:** Past performance is not indicative of future results. Backtesting results can be affected by various factors, including market volatility, slippage, and transaction costs. // * **Risk Management:** This strategy is provided for informational and educational purposes only and should not be considered financial advice. Always use proper risk management techniques when trading. Adjust Stop Loss and Take Profit levels according to your risk tolerance. // * **Slippage:** The strategy takes into account slippage by specifying a slippage parameter on the `strategy` declaration. However, real-world slippage may vary. // * **Market Conditions:** The performance of this strategy can vary significantly depending on market conditions. It may perform well in trending markets but poorly in ranging or choppy markets. // * **Pip Value Accuracy:** **Ensure the `Pip Value` is correctly set for the specific instrument you are trading. Incorrect pip value will result in incorrect stop loss and take profit placement.** This is critical. // * **Broker Compatibility:** The strategy's performance may vary depending on your broker's execution policies and fees. // * **Disclaimer:** I am not a financial advisor, and this script is not financial advice. Use this strategy at your own risk. I am not responsible for any losses incurred while using this strategy.
Strategia Pine Script™
di Salaryman_G