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Anas daily atr forecastingthis indicator is used to forecast the coming day ATR by using hourly ATR and multiply by 24 hour then multiply with common Fibonacci retracement of 0.68 and 0.38 alternately and it tracks the intraday price oscillation , so if first target reached its recommended for breakeven , 2nd target is the forecasted ATR and its recommended take profit for intraday if there is a strong news and its expected to have strong movement last target is recommended .
Indicatore Pine Script®
di anashassan76
Baseline + cross signals within atr channelThis script displays an KAMA (kaufman adaptative moving average) baseline on the chart (default = 14, 2, 30) or a Kijun baseline. It displays visual signals at every baseline crossover : - Long (green) if a crossover + within an ATR distance. - Short (red) if a crossunder + within an ATR distance. - Filtered signals (not within the ATR channel) are displayed in yellow. A x factor can be applied to ATR. Adapted to both dark and light mode
Indicatore Pine Script®
di sickojacko
1
Range Force Impulse The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance. The indicator consists of the following: Direction - True Range and Average True Range columns shown above and below 0 depending on direction of the period's price -- TR (gray) shows the current period's trading volatility -- ATR (Impulse colors, see below) shows an EMA of TR over a specified length -- Can be used to determine stops and targets (Example: Stop loss at prev close - ATR, Target at 2x ATR) Index - Alexander Elder's EMA of (change(close) * volume), shows crosses above 0 (green) and below 0 (red), and intermediate signals -- Shows bull vs. bear interest/commitment/dominance -- Elder recommends EMA length of 2 for daily chart buy/sell signals, and 13 for weekly chart bull/bear dominance & trend direction signals -- Intermediate signals are shown above 0 when falling (salmon), or below 0 when rising (pale yellow) System - Range columns are colored using Alexander Elder's censorship system (green: do not short, red: do not long, blue: is up to you) -- Shows overall trend health (Macd histogram and EMA up/down changes)
Indicatore Pine Script®
di zephurr
4
Fractal Regression Bands [DW]This study is an experimental regression curve built around fractal and ATR calculations. First, Williams Fractals are calculated, and used as anchoring points. Next, high anchor points are connected to negative sloping lines, and low anchor points to positive sloping lines. The slope is a specified percentage of the current ATR over the sampling period. The median between the positive and negative sloping lines is then calculated, then the best fit line (linear regression) of the median is calculated to generate the basis line. Lastly, a Golden Mean ATR is taken of price over the sampling period and multiplied by 1/2, 1, 2, and 3. The results are added and subtracted from the basis line to generate the bands. Williams Fractals are included in the plots. The color scheme indicated whether each fractal is engulfing or non-engulfing. Custom bar color scheme is included.
Indicatore Pine Script®
di DonovanWall
4
Volatility Resonance CandlesVolatility Resonance Candles visualize the dynamic interaction between price acceleration, volatility, and volume energy.
They’re designed to reveal moments when volatility expansion and directional momentum resonate — often preceding strong directional moves or reversals. 🔬 Concept Traditional candles display direction and range, but they miss the energetic structure of volatility itself.
This indicator introduces a resonance model, where ATR ratio, price acceleration, and volume intensity combine to form a composite signal. * ATR Resonance: compares short-term vs. long-term volatility * Acceleration: captures the rate of price change * Volume Energy: reinforces the move’s significance When these components align, the candle color “resonates” — brighter, more intense candles signal stronger volatility–momentum coupling. ⚙️ Features * Adaptive Scaling
Normalizes energy intensity dynamically across a user-defined lookback period, ensuring consistency in changing market conditions. * Power-Law Transformation
Optional non-linear scaling (gamma) emphasizes higher-energy events while keeping low-intensity noise visually subdued. * Divergence Mode
When enabled, colors can invert to highlight energy divergence from candle direction (e.g., bearish pressure during bullish closes). * Customizable Styling
Full control over bullish/bearish base colors, transparency scaling, and threshold sensitivity. 🧠 Interpretation * Bright / High-Intensity Candles → Strong alignment of volatility and directional energy.
Often signals the resonant phase of a move — acceleration backed by volatility expansion and volume participation. * Dim / Low-Intensity Candles → Energy dispersion or consolidation.
These typically mark quiet zones, pauses, or inefficient volatility. * Opposite-Colored Candles (if divergence mode on) → Potential inflection zones or hidden stress in the trend structure. ⚠️ Disclaimer This script is for educational purposes only.
It does not constitute financial advice, and past performance is not indicative of future results. Always do your own research and test strategies before making trading decisions.
Indicatore Pine Script®
di BreakoutBarbie
2ATR / Close %Certainly. Here is the English version of the indicator description you requested. --- ### **2ATR Stop-Loss Ratio** This indicator provides a straightforward calculation of **what percentage a 2ATR (Average True Range) move represents relative to the current price**. It's a specialized tool designed to help traders set dynamic, volatility-based stop-loss levels. --- ### **Purpose of the Indicator** Many traders use a **2ATR** as their standard for setting a stop-loss, believing it's a good measure of a stock's typical movement. However, it can be difficult to quickly determine the exact percentage a 2ATR drop represents from the current price. This indicator solves that problem by giving you a clear, single number that shows the **anticipated percentage loss before you even enter a position**. --- ### **How It Works** The indicator is calculated using a simple formula: **(2 * ATR(20) / Current Price) * 100** * `ATR(20)`: The Average True Range over the last 20 periods. This period can be customized in the indicator's settings. * `Current Price`: The closing price at the time of calculation. --- ### **How to Use It** * **Assess Risk**: A higher number on the indicator means greater volatility, indicating a wider stop-loss range. * **Set a Stop-Loss**: If the indicator shows **3%**, it means a 2ATR move is roughly a 3% change from the current price. This gives you a clear understanding of the potential loss. * **Adjust Position Size**: If the potential percentage loss is larger than you're comfortable with, you can use this information to reduce your position size, effectively managing your risk. This tool is especially useful for trading highly volatile stocks, as it helps you establish a clear and effective risk management strategy.
Indicatore Pine Script®
di freegor919
1
CTA-min D1 — Donchian 55/20 Trend Breakout (ATR Risk)What it is A clean, daily trend-following breakout inspired by classic CTA/Turtle logic. It buys strength and sells weakness, then lets winners run with a channel-based trailing stop. No curve-fitting, no clutter—just rules. How it trades Timeframe: Daily (D1) Entry: Close breaks the previous 55-bar Donchian channel (above for longs, below for shorts). Exit/Trail: Trailing stop at the 20-bar Donchian channel on the opposite side (no fixed TP). Risk: Initial stop = ATR(N) × stopMult (ATR is smoothed). Position size risks riskPct% of equity based on stop distance. Labels: “BUY/SELL” only on the entry bar; “STOP BUY/STOP SELL” only on the exit bar. Pyramiding: Off (one position at a time). Regime Alignment with EMAs (recommended filter, not enforced by code) Add EMA 50 and EMA 200 to the D1 chart. Long bias: take BUY signals only when EMA50 > EMA200 (bullish regime). Short bias: take SELL signals only when EMA50 < EMA200 (bearish regime). Optional: for extra selectivity, require the H4 EMAs (50/200) to align with D1 before acting on a signal. Inputs entryN (55), exitN (20), atrLen (20), atrSmooth (10), stopMult (2.0), riskPct (0.5%–1.0% recommended). Works well on (tested by user) BTCUSD (Bitcoin), EURUSD, GBPJPY, NAS100/US100, USDJPY, AUDUSD, XAGUSD (Silver), US30 (Dow), JP225 (Nikkei), EURGBP, NZDUSD, EURCHF, USDCHF. How to use Apply to D1 charts. Review once per day after the daily close and execute next session open to mirror backtest assumptions. Best used as a portfolio strategy across multiple uncorrelated markets. Use the EMA alignment above as a discretionary regime filter to reduce false breakouts. Notes For educational use. Markets involve risk; past performance does not guarantee future results. Use responsible position sizing.
Indicatore Pine Script®
di fausto-soldatelli
Time-Price Velocity [QuantAlgo]🟢 Overview The Time-Price Velocity indicator uses advanced velocity-based analysis to measure the rate of price change normalized against typical market movement, creating a dynamic momentum oscillator that identifies market acceleration patterns and momentum shifts. Unlike traditional momentum indicators that focus solely on price change magnitude, this indicator incorporates time-weighted displacement calculations and ATR normalization to create a sophisticated velocity measurement system that adapts to varying market volatility conditions. This indicator displays a velocity signal line that oscillates around zero, with positive values indicating upward price velocity and negative values indicating downward price velocity. The signal incorporates acceleration background columns and statistical normalization to help traders identify momentum shifts and potential reversal or continuation opportunities across different timeframes and asset classes. 🟢 How It Works The indicator's key insight lies in its time-price velocity calculation system, where velocity is measured using the fundamental physics formula: velocity = priceChange / timeWeight The system normalizes this raw velocity against typical price movement using Average True Range (ATR) to create market-adjusted readings: normalizedVelocity = typicalMove > 0 ? velocity / typicalMove : 0 where "typicalMove = ta.atr(lookback)" provides the baseline for normal price movement over the specified lookback period. The Time-Price Velocity indicator calculation combines multiple sophisticated components. First, it calculates acceleration as the change in velocity over time: acceleration = normalizedVelocity - normalizedVelocity Then, the signal generation applies EMA smoothing to reduce noise while preserving responsiveness: signal = ta.ema(normalizedVelocity, smooth) This creates a velocity-based momentum indicator that combines price displacement analysis with statistical normalization, providing traders with both directional signals and acceleration insights for enhanced market timing. 🟢 How to Use 1. Signal Interpretation and Threshold Zones Positive Values (Above Zero): Time-price velocity indicating bullish momentum with upward price displacement relative to normalized baseline Negative Values (Below Zero): Time-price velocity indicating bearish momentum with downward price displacement relative to normalized baseline Zero Line Crosses: Velocity transitions between bullish and bearish regimes, indicating potential trend changes or momentum shifts Upper Threshold Zone: Area above positive threshold (default 1.0) indicating strong bullish velocity and potential reversal point Lower Threshold Zone: Area below negative threshold (default -1.0) indicating strong bearish velocity and potential reversal point 2. Acceleration Analysis and Visual Features Acceleration Columns: Background histogram showing velocity acceleration (the rate of change of velocity), with green columns indicating accelerating velocity and red columns indicating decelerating velocity. The interpretation depends on trend context: red columns in downtrends indicate strengthening bearish momentum, while red columns in uptrends indicate weakening bullish momentum Acceleration Column Height: The height of each column represents the magnitude of acceleration, with taller columns indicating stronger acceleration or deceleration forces Bar Coloring: Optional price bar coloring matches velocity direction for immediate visual trend confirmation Info Table: Real-time display of current velocity and acceleration values with trend arrows and change indicators 3. Additional Features: Confirmed vs Live Data: Toggle between confirmed (closed) bar analysis for stable signals or current bar inclusion for real-time updates Multi-timeframe Adaptability: Velocity normalization ensures consistent readings across different chart timeframes and asset volatilities Alert System: Built-in alerts for threshold crossovers and direction changes 🟢 Examples with Preconfigured Settings Default : Balanced configuration suitable for most timeframes and general trading applications, providing optimal balance between sensitivity and noise filtering for medium-term analysis. Scalping : High sensitivity setup with shorter lookback period and reduced smoothing for ultra-short-term trades on 1-15 minute charts, optimized for capturing rapid momentum shifts and frequent trading opportunities. Swing Trading : Extended lookback period with enhanced smoothing and higher threshold for multi-day positions, designed to filter market noise while capturing significant momentum moves on 1-4 hour and daily timeframes.
Indicatore Pine Script®
di QuantAlgo
5
Fibonacci Range Detector ║ BullVision🔬 Overview The Fibonacci Range Mapper is a dynamic technical tool designed to identify, track, and visualize price ranges using Fibonacci levels. Whether you're trading manually or prefer automated structure recognition, this indicator helps you contextualize market moves and locate key price zones with precision. ⚙️ Core Logic 🔍 Range Detection (Auto & Manual Modes) In Auto mode, the indicator uses an advanced ZigZag system based on ATR or percentage thresholds to confirm market swings and construct Fibonacci-based ranges. In Manual mode, traders can define their own swing low and high to generate precise custom ranges. 📐 Fibonacci Mapping Each detected range is automatically plotted with key Fibonacci retracement levels — 0%, 25%, 50%, 75%, 100% — along with optional extensions (127.2% and 161.8%) to anticipate price continuations or reversals. 📋 Live Data Table An integrated info panel dynamically displays crucial metrics: • Range size • Current price zone (Discount / Mid / Premium) • Position within range (%) • Distance to range extremes • Range status (Pending or Confirmed) 🕰️ Historical Memory Up to 20 past ranges can be stored and visualized simultaneously, helping traders recognize repeated price behaviors and contextual support/resistance levels. 🎨 Visual Highlights Zones of interest (0–25% = Discount, 75–100% = Premium) are color-coded with custom transparency, and labels can be toggled for clarity. The current active range updates in real time as structure evolves. 🔧 User Customization • Detection Method: Choose between ATR or % ZigZag for automated swing identification • Confirmation Delay: Set how many bars to wait before confirming a new high • Manual Overrides: Select exact price levels when you want full control • Extensions & Labels: Toggle additional lines and info to suit your charting style • Visual Table Position: Customize where the data table appears on screen • Color Scheme: Define your own zone gradients for better visual interpretation 📈 Use Cases This indicator is ideal for traders who want to: • Identify value zones within local or macro price structures • Plan trades around Fibonacci retracement and extension levels • Detect shifts in market structure using an adaptive ZigZag logic • Track recurring price ranges and historical reaction points • Enhance technical confluence with clean, visual price mapping ⚠️ Important Notes This tool is not a buy/sell signal generator — it is a visual framework for structure-based analysis. Use it in conjunction with your existing strategy and risk management process. Always confirm with broader context and multi-timeframe alignment.
Indicatore Pine Script®
di BullVisionCapital
PRO Investing - Apex EnginePRO Investing - Apex Engine 1. Core Concept: Why Does This Indicator Exist? Traditional momentum oscillators like RSI or Stochastic use a fixed "lookback period" (e.g., 14). This creates a fundamental problem: a 14-period setting that works well in a fast, trending market will generate constant false signals in a slow, choppy market, and vice-versa. The market's character is dynamic, but most tools are static. The Apex Engine was built to solve this problem. Its primary innovation is a self-optimizing core that continuously adapts to changing market conditions. Instead of relying on one fixed setting, it actively tests three different momentum profiles (Fast, Mid, and Slow) in real-time and selects the one that is most synchronized with the current price action. This is not just a random combination of indicators; it's a deliberate synthesis designed to create a more robust momentum tool. It combines: Volatility analysis (ATR) to generate adaptive lookback periods. Momentum measurement (ROC) to gauge the speed of price changes. Statistical analysis (Correlation) to validate which momentum measurement is most effective right now. Classic trend filters (Moving Average, ADX) to ensure signals are only taken in favorable market conditions. The result is an oscillator that aims to be more responsive in volatile trends and more stable in quiet periods, providing a more intelligent and adaptive signal. 2. How It Works: The Engine's Three-Stage Process To be transparent, it's important to understand the step-by-step logic the indicator follows on every bar. It's a process of Adapt -> Validate -> Signal. Stage 1: Adapt (Dynamic Length Calculation) The engine first measures market volatility using the Average True Range (ATR) relative to its own long-term average. This creates a volatility_factor. In high-volatility environments, this factor causes the base calculation lengths to shorten. In low-volatility, they lengthen. This produces three potential Rate of Change (ROC) lengths: dynamic_fast_len, dynamic_mid_len, and dynamic_slow_len. Stage 2: Validate (Self-Optimizing Mode Selection) This is the core of the engine. It calculates the ROC for all three dynamic lengths. To determine which is best, it uses the ta.correlation() function to measure how well each ROC's movement has correlated with the actual bar-to-bar price changes over the "Optimization Lookback" period. The ROC length with the highest correlation score is chosen as the most effective profile for the current moment. This "active" mode is reflected in the oscillator's color and the dashboard. Stage 3: Signal (Normalized Velocity Oscillator) The winning ROC series is then normalized into a consistent oscillator (the Velocity line) that ranges from -100 (extreme oversold) to +100 (extreme overbought). This ensures signals are comparable across any asset or timeframe. Signals are only generated when this Velocity line crosses its signal line and the trend filters (explained below) give a green light. 3. How to Use the Indicator: A Practical Guide Reading the Visuals: Velocity Line (Blue/Yellow/Pink): The main oscillator line. Its color indicates which mode is active (Fast, Mid, or Slow). Signal Line (White): A moving average of the Velocity line. Crossovers generate potential signals. Buy/Sell Triangles (▲ / ▼): These are your primary entry signals. They are intentionally strict and only appear when momentum, trend, and price action align. Background Color (Green/Red/Gray): This is your trend context. Green: Bullish trend confirmed (e.g., price above a rising 200 EMA and ADX > 20). Only Buy signals (▲) can appear. Red: Bearish trend confirmed. Only Sell signals (▼) can appear. Gray: No clear trend. The market is likely choppy or consolidating. No signals will appear; it is best to stay out. Trading Strategy Example: Wait for a colored background. A green or red background indicates the market is in a tradable trend. Look for a signal. For a green background, wait for a lime Buy triangle (▲) to appear. Confirm the trade. Before entering, confirm the signal aligns with your own analysis (e.g., support/resistance levels, chart patterns). Manage the trade. Set a stop-loss according to your risk management rules. An exit can be considered on a fixed target, a trailing stop, or when an opposing signal appears. 4. Settings and Customization This script is open-source, and its settings are transparent. You are encouraged to understand them. Synaptic Engine Group: Volatility Period: The master control for the adaptive engine. Higher values are slower and more stable. Optimization Lookback: How many bars to use for the correlation check. Switch Sensitivity: A buffer to prevent frantic switching between modes. Advanced Configuration & Filters Group: Price Source: The data source for momentum calculation (default close). Trend Filter MA Type & Length: Define your long-term trend. Filter by MA Slope: A key feature. If ON, allows for "buy the dip" entries below a rising MA. If OFF, it's stricter, requiring price to be above the MA. ADX Length & Threshold: Filters out non-trending, choppy markets. Signals will not fire if the ADX is below this threshold. 5. Important Disclaimer This indicator is a decision-support tool for discretionary traders, not an automated trading system or financial advice. Past performance is not indicative of future results. All trading involves substantial risk. You should always use proper risk management, including setting stop-losses, and never risk more than you are prepared to lose. The signals generated by this script should be used as one component of a broader trading plan.
Indicatore Pine Script®
di PRO-Investing
Momentum (80) + ATR (14)his indicator combines two essential technical analysis tools in a single panel for enhanced market insight: 🔹 Momentum (80 periods): Measures the difference between the current price and the price 80 bars ago. Displayed as a semi-transparent filled area, it helps to visually identify shifts in price momentum over a longer timeframe. 🔸 ATR (Average True Range, 14 periods): Shown as a fine orange line, the ATR represents average market volatility over 14 periods, highlighting phases of calm or increased price fluctuations. By viewing both momentum and volatility simultaneously, traders can better assess trend strength and market conditions, improving decision-making across assets such as stocks, forex, and cryptocurrencies. ✅ Suitable for all asset types ✅ Complements other indicators like RSI, MACD, and Bollinger Bands ✅ Categorized under Momentum & Volatility indicators
Indicatore Pine Script®
di sebastien_menard
Chandelier Exit + EMA Filtered SignalsThis script is a powerful upgrade to the original Chandelier Exit by Alex Orekhov (everget), combining trend-following logic with higher-quality trade filtering. ✅ Key Features: Chandelier Exit logic with ATR-based stop levels Buy/Sell signals only when trend is confirmed: Buy: Price must be above EMA 13, 50, and 200 Sell: Price must be below EMA 13, 50, and 200 Candle highlighting: Green for Buy, Red for Sell Signal labels for visual clarity Toggle to show/hide EMAs Built-in alerts for: Buy signal Sell signal Trend direction change 🛠️ Inputs: ATR Period and Multiplier Toggle: Use Close Price for High/Low Calculation Toggle: Show/Hide Labels and State Highlight Toggle: Show/Hide EMA 13, 50, 200 Toggle: Await confirmed bar for alerts 🔔 Alerts Included: Chandelier Exit Buy Chandelier Exit Sell Direction Change (long to short or vice versa) 💡 How to Use: Use on trending assets (e.g., Gold, Indices, Crypto). Combine with support/resistance or session filters for optimal results. Enable alerts to be notified on trade setups. 📢 Credits: Based on the original Chandelier Exit script by everget. Enhancements by AP Capital for filtered signals and better visual feedback.
Indicatore Pine Script®
di APCapitalTrading
Impulse Zones | Flux Charts💎 GENERAL OVERVIEW Introducing our new Impulse Zones indicator, a powerful tool designed to identify significant price movements accompanied by strong volume, highlighting potential areas of support and resistance. These Impulse Zones can offer valuable insights into market momentum and potential reversal or continuation points. For more information about the process, please check the "HOW DOES IT WORK ?" section. Impulse Zones Features : Dynamic Zone Creation : Automatically identifies and plots potential supply and demand zones based on significant price impulses and volume spikes. Customizable Settings : Allows you to adjust the sensitivity of zone detection based on your trading style and market conditions. Retests and Breakouts : Clearly marks instances where price retests or breaks through established Impulse Zones, providing potential entry or exit signals. Alerts : You can set alerts for Bullish & Bearish Impulse Zone detection and their retests. 🚩 UNIQUENESS Our Impulse Zones indicator stands out by combining both price action (impulsive moves) and volume confirmation to define significant zones. Unlike simple support and resistance indicators, it emphasizes the strength behind price movements, potentially filtering out less significant levels. The inclusion of retest and breakout visuals directly on the chart provides immediate context for potential trading opportunities. The user can also set up alerts for freshly detected Impulse Zones & the retests of them. 📌 HOW DOES IT WORK ? The indicator identifies bars where the price range (high - low) is significantly larger than the average true range (ATR), indicating a strong price movement. The Size Sensitivity input allows you to control how large this impulse needs to be relative to the ATR. Simultaneously, it checks if the volume on the impulse bar is significantly higher than the average volume. The Volume Sensitivity input governs this threshold. When both the price impulse and volume confirmation criteria are met, an Impulse Zone is created in the corresponding direction. The high and low of the impulse bar define the initial boundaries of the zone. Zones are extended forward in time to remain relevant. The indicator manages the number of active zones to maintain chart clarity and can remove zones that haven't been touched for a specified period. The indicator monitors price action within and around established zones. A retest is identified when the price touches a zone and then moves away. A break occurs when the price closes beyond the invalidation point of a zone. Keep in mind that if "Show Historic Zones" setting is disabled, you will not see break labels as their zones will be removed from the chart. The detection of Impulse Zones are immediate signs of significant buying or selling pressure entering the market. These zones represent areas where a strong imbalance between buyers and sellers has led to a rapid price movement accompanied by high volume. Bullish Impulse Zones act as a possible future support zone, and Bearish Impulse Zones act as a possible future resistance zone. Retests of the zones suggest a strong potential movement in the corresponding direction. ⚙️ SETTINGS 1. General Configuration Show Historic Zones: If enabled, invalidated or expired Impulse Zones will remain visible on the chart. 2. Impulse Zones Invalidation Method: Determines which part of the candle (Wick or Close) is used to invalidate a zone break. Size Sensitivity: Controls the required size of the impulse bar relative to the ATR for a zone to be detected. Higher values may identify fewer, larger zones. Lower values may detect more, smaller zones. Volume Sensitivity: Controls the required volume of the impulse bar relative to the average volume for a zone to be detected. Higher values require more significant volume. Labels: Toggles the display of "IZ" labels on the identified zones. Retests: Enables the visual highlighting of retests on the zones. Breaks: Enables the visual highlighting of zone breaks.
Indicatore Pine Script®
di fluxchart
2
Supertrend Hombrok BotSupertrend Hombrok Bot – Automated Trading Strategy for Dynamic Market Conditions This trading strategy script has been developed to operate automatically based on detailed market conditions. It combines the popular Supertrend indicator, RSI (Relative Strength Index), Volume, and ATR (Average True Range) to determine the best entry and exit points while maintaining proper risk management. Key Features: Supertrend as the Base: Uses the Supertrend indicator to identify the market's trend direction, generating buy signals when the market is in an uptrend and sell signals when in a downtrend. RSI Filter: The RSI is used to determine overbought and oversold conditions, helping to avoid entries in extreme market conditions. Entries are avoided when RSI > 70 (overbought) and RSI < 30 (oversold), reducing the risk of false movements. Volume Filter: The strategy checks if the trading volume is above the average multiplied by a user-defined factor. This ensures that only significant movements, with higher liquidity, are considered. Candle Body Size: The strategy filters only candles with a body large enough relative to the ATR (Average True Range), ensuring that the price movements on the chart have sufficient strength. Risk Management: The bot is configured to operate with an adjustable Risk/Reward Ratio (R:R). This means that for each trade, both Take Profit (TP) and Stop Loss (SL) are adjusted based on the market's volatility as measured by the ATR. Automatic Entries and Exits: The script automatically executes entries based on the specified conditions and exits with predefined Stop Loss and Take Profit levels, ensuring risk is controlled for each trade. How It Works: Buy Condition: Triggered when the market is in an uptrend (Supertrend), the volume is above the adjusted average, the candle body is strong enough, and the RSI is below the overbought level. Sell Condition: Triggered when the market is in a downtrend (Supertrend), the volume is above the adjusted average, the candle body is strong enough, and the RSI is above the oversold level. Alerts: Buy and Sell Alerts are configured with detailed information, including Stop Loss and Take Profit values, allowing the user to receive notifications when trading conditions are met. Capital Management: The capital per trade can be adjusted based on account size and risk profile. Important Note: Always test before trading with real capital: While the strategy has been designed based on solid technical analysis methods, always perform tests in real-time market conditions with demo accounts before applying the bot in live trading. Disclaimer: This script is a tool to assist in the trading process and does not guarantee profit. Past performance is not indicative of future results, and the trader is always responsible for their investment decisions.
Strategia Pine Script®
di sidimarvinicius