PreannFXExplanation of the PreannFX indicator:
Candle Body Size:
The body of the current candle is larger than the previous candle.
Bullish Engulfing:
The current candle closes higher than the previous candle's high.
The body size is larger than the previous candle.
Bearish Engulfing:
The current candle closes lower than the previous candle's low.
The body size is larger than the previous candle.
Entry and Exit:
Bullish: Enter at the previous candle's open or high, stop loss at the previous low, and take profit is 1:1 with the stop loss.
Bearish: Enter at the previous candle's open or low, stop loss at the previous high, and take profit is 1:1 with the stop loss.
Visualization:
Green upward arrows for bullish engulfing patterns.
Red downward arrows for bearish engulfing patterns.
Analisi trend
Dashed DMI by Cryptos RocketThe Directional Movement Index (DMI) is a well-known indicator in technical analysis, created by J. Welles Wilder. It is designed to identify the strength of a trend in a given market, providing traders with insights into both the direction and momentum of price movements. This script is a custom implementation of the DMI that plots the ADX (Average Directional Index), +DI (Positive Directional Indicator), and -DI (Negative Directional Indicator).
Dashed DMI Key Features:
1. Directional Movement Indicators:
- The ADX line, shown in orange, helps determine the strength of the trend without indicating its direction. Values above 25 suggest a strong trend, while values below 20 indicate a weak trend.
- The +DI line, shown in green, measures the strength of upward movement in the price. It identifies if the market is experiencing a strong uptrend.
- The -DI line, shown in red, measures the strength of downward price movement. It signals when there is a strong downtrend.
2. Customizable Dashed Line:
- The script includes a customizable dashed line, which represents a critical level on the chart that traders can use as a reference. The dashed line is adjustable through the script’s settings, allowing the trader to set a desired level, color, style, and thickness. The default level is set to 30, a common threshold in trend-following systems, but users can change it according to their preferences.
- The dashed line’s transparency and visibility can be toggled using the input settings, making it adaptable to different trading strategies or visual preferences.
3. Alerts:
- The script provides customizable alert conditions based on the relationship between the ADX, +DI, and -DI lines with the dashed line. These alerts include:
- When ADX crosses above or below the dashed line, signaling a shift in trend strength.
- When +DI or -DI cross the dashed line, indicating a change in the trend's directionality (bullish or bearish).
- Alerts for crossovers (when one line crosses another) and crossunders (when one line falls below another), which provide key entry or exit signals for traders.
4. Customizable Visual Parameters:
- The script is designed with flexibility in mind. The user can modify the line styles, thickness, and colors. The ADX is plotted in orange with a thickness of 2, the +DI is plotted in green, and the -DI is plotted in red. These lines’ thicknesses can be customized, ensuring that they remain visible regardless of the timeframe or chart zoom level.
- The script also provides options to adjust the dashed line’s color and style (solid, dotted, or dashed), enabling a fully customized charting experience that suits individual preferences.
Understanding the Components of the DMI
1. ADX (Average Directional Index):
The ADX is a smoothed version of the difference between the +DI and -DI lines, used to measure the strength of a trend. It does not provide any directional indication but simply quantifies whether the trend is strong or weak.
- Strength Indicators: A rising ADX indicates a strengthening trend, while a falling ADX signals weakening trend strength. Traders often consider an ADX reading above 25 as an indication of a strong trend, either up or down, and readings below 20 as suggesting a lack of trend or a sideways market.
- The ADX is plotted in the script using an orange color, making it easy for traders to distinguish it from the directional lines.
2. +DI (Positive Directional Indicator):
The +DI line measures the strength of upward price movement. It rises when the market’s upward movement is stronger than its downward movement.
- A rising +DI is a signal that the market is moving in a bullish direction. When +DI crosses above the -DI, it can indicate the start of an uptrend.
- The +DI is plotted in green, representing bullish momentum.
3. -DI (Negative Directional Indicator):
The -DI line tracks the strength of downward price movement. It rises when the market’s downward movement is stronger than its upward movement.
- A rising -DI suggests bearish momentum, and when the -DI crosses above the +DI, it can signal the beginning of a downtrend.
- The -DI is plotted in red, symbolizing bearish momentum.
Customizable Inputs and Settings
This DMI script allows traders to adjust several parameters based on their preferences:
- ADX Smoothing (lensig): This setting controls the smoothing of the ADX line, with values ranging from 1 to 50. A larger smoothing value can help reduce noise in the ADX and make trends clearer, while a smaller value reacts more quickly to price changes.
- DI Length (len): This input controls the period used for calculating the +DI and -DI lines. A shorter period results in a more sensitive indicator, whereas a longer period produces smoother, more stable signals.
- Dashed Line Settings: Traders can choose to show or hide the dashed line and can adjust its level, color, thickness, and style. This customization allows traders to adapt the indicator to their specific strategies and charting preferences.
Alerts and Signals
With the alert conditions set up in the script, traders can receive notifications when critical events occur, such as:
- ADX Crossing Above/Below the Dashed Line: This is typically a signal of an emerging trend.
- +DI and -DI Crossovers and Crossunders: These are valuable signals for identifying potential entry and exit points in trending markets.
Conclusion
This custom DMI Pine Script provides traders with a powerful tool to analyze market trends in real-time. By visualizing the ADX, +DI, and -DI indicators with customizable inputs, this script enables traders to gauge the strength and direction of a trend and make informed decisions about their trading strategies. The ability to set alerts based on specific conditions adds another layer of automation, ensuring that traders never miss an important signal. The script’s flexibility allows it to be adapted for various trading styles and market conditions, making it an invaluable addition to any trader’s toolkit.
Altcoin Exit Signal👉 This indicator is designed to help traders identify optimal times to sell altcoins during the peak of a bull market. By analyzing the historical ratio of the "OTHERS" market cap (all altcoins excluding the top 10) to Bitcoin, it signals when altcoins are nearing their cycle peaks and may be due for a decline. This is a good indicator to use for smaller altcoins outside of the top 10 by marketcap. Designed to be used on the daily timeframe.
⭐ YouTube: Money On The Move
⭐ www.youtube.com
⭐ Crypto Patreon: www.patreon.com
👉 HOW TO USE: Historically, when the white line touches or crosses the red line, it has signaled that the top of the altcoin market cycle is approaching, making it an ideal time to consider exiting altcoins before a potential decline. While the primary focus is on smaller altcoins, this tool can also be useful for larger coins by identifying trends and shifts in market dominance. The indicator uses a predefined threshold tailored for smaller altcoins as a key signal for an exit strategy.
Disclaimer: As with all indicators, past performance is not indicative of future results. Cryptocurrency trading involves significant risk and can result in the loss of your investment. This indicator should not be considered as financial advice, nor is it a recommendation to buy or sell any financial asset. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Trading cryptocurrencies is speculative and inherently volatile, and you should only trade with money you are willing to lose.
DrNon Supertrend Strategy With Date FilterHow This Works
1. User Inputs for Date Range
• You specify a Start Date (Year, Month, Day) and an End Date (Year, Month, Day).
2. Create Timestamps
• startTime and endTime define the exact Unix timestamps for when you want the strategy to begin and stop taking trades.
3. Filtering Condition
• inDateRange is true only if the current bar’s time lies between startTime and endTime.
4. Conditional Trading
• The trading logic (entries) executes only if inDateRange is true.
5. Supertrend Logic
• Pine Script’s ta.supertrend() returns .
• We monitor ta.change(direction) to detect switching signals for Long or Short.
Detecting Sideways Market or Strong Trends| Copy Trade Tungdubai**Tool Description**:
The **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** tool is designed to help traders identify two key market conditions:
1. **Sideways Market**:
- This condition is detected when the ADX is below 20, the price stays within the Bollinger Bands, and the RSI is between 45 and 55.
- When the market is sideways, the chart background will turn yellow as a visual alert.
2. **Strong Trend Market**:
- This condition is identified when the ADX is above 25, and either the price breaks out of the Bollinger Bands or the RSI surpasses the overbought (70) or oversold (30) levels.
- When the market is in a strong trend, the chart background will turn blue as a visual alert.
**Key Components of the Tool**:
- **ADX**: Measures the strength of the market trend, with key thresholds at 20 and 25.
- **Bollinger Bands**: Helps determine volatility and checks if the price is within or outside the bands.
- **RSI**: Measures momentum, helping identify overbought and oversold levels.
**Visual Features on the Chart**:
- ADX, RSI, and Bollinger Bands are clearly plotted with their respective key thresholds for easier recognition of market conditions.
- The chart background changes color to reflect the current market condition (yellow for sideways, blue for strong trends).
**Alerts**:
- Alerts are triggered when the market enters either a sideways or strong trend phase, providing notifications to help users act promptly.
This tool serves as a practical aid in recognizing market conditions, allowing traders to make informed decisions aligned with their strategies.
**Mô tả công cụ**:
Công cụ **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** được thiết kế để giúp các nhà giao dịch xác định hai trạng thái chính của thị trường:
1. **Thị trường đi ngang (Sideways)**:
- Điều kiện được xác định dựa trên chỉ số ADX thấp hơn ngưỡng 20, giá nằm trong dải Bollinger Bands, và chỉ số RSI dao động trong khoảng từ 45 đến 55.
- Khi thị trường đi ngang, nền của biểu đồ sẽ chuyển sang màu vàng để cảnh báo trực quan.
2. **Thị trường bùng nổ sóng mạnh (Strong Trend)**:
- Điều kiện được xác định khi ADX vượt qua ngưỡng 25 và giá phá vỡ dải Bollinger Bands (hoặc) chỉ số RSI vượt ngưỡng quá mua 70 hoặc quá bán 30.
- Khi thị trường bùng nổ sóng mạnh, nền biểu đồ sẽ chuyển sang màu xanh để cảnh báo trực quan.
**Các thành phần chính của công cụ**:
- **ADX**: Được sử dụng để đo sức mạnh xu hướng thị trường, với các ngưỡng quan trọng là 20 và 25.
- **Bollinger Bands**: Được sử dụng để xác định mức độ biến động và kiểm tra giá nằm trong hay ngoài dải.
- **RSI**: Dùng để đo mức độ quá mua/quá bán, xác định động lượng giá.
**Hiển thị trên biểu đồ**:
- Các đường ADX, RSI, và Bollinger Bands được vẽ rõ ràng, cùng với các ngưỡng quan trọng (hỗ trợ nhận biết trạng thái thị trường).
- Nền biểu đồ thay đổi màu sắc tương ứng với điều kiện thị trường.
**Cảnh báo**:
- Cảnh báo sẽ được kích hoạt khi thị trường rơi vào trạng thái đi ngang hoặc bùng nổ sóng mạnh, với các thông báo giúp người dùng hành động kịp thời.
Công cụ này là một trợ thủ hữu ích trong việc nhận biết trạng thái thị trường, từ đó giúp các nhà giao dịch đưa ra quyết định phù hợp với chiến lược của mình.
SMA Cross Signal with Backgrounduse this strategy only in trend market bullish or bearish dont use this on range market
BBSS+This Pine Script implements a custom indicator overlaying Bollinger Bands with additional features for trend analysis using Exponential Moving Averages (EMAs). Here's a breakdown of its functionality:
Bollinger Bands:
The script calculates the Bollinger Bands using a 20-period Simple Moving Average (SMA) as the basis and a multiplier of 2 for the standard deviation.
It plots the Upper Band and Lower Band in red.
EMA Calculations:
Three EMAs are calculated for the close price with periods of 5, 10, and 40.
The EMAs are plotted in green (5-period), cyan (10-period), and orange (40-period) to distinguish between them.
Trend Detection:
The script determines bullish or bearish EMA alignments:
Bullish Order: EMA 5 > EMA 10 > EMA 40.
Bearish Order: EMA 5 < EMA 10 < EMA 40.
Entry Signals:
Long Entry: Triggered when:
The close price crosses above the Upper Bollinger Band.
The Upper Band is above its 5-period SMA (indicating momentum).
The EMAs are in a bullish order.
Short Entry: Triggered when:
The close price crosses below the Lower Bollinger Band.
The Lower Band is below its 5-period SMA.
The EMAs are in a bearish order.
Trend State Tracking:
A variable tracks whether the market is in a Long or Short trend based on conditions:
A Long trend continues unless conditions for a Short Entry are met or the Upper Band dips below its average.
A Short trend continues unless conditions for a Long Entry are met or the Lower Band rises above its average.
Visual Aids:
Signal Shapes:
Triangle-up shapes indicate Long Entry points below the bar.
Triangle-down shapes indicate Short Entry points above the bar.
Bar Colors:
Green bars indicate a Long trend.
Red bars indicate a Short trend.
This script combines Bollinger Bands with EMA crossovers to generate entry signals and visualize market trends, making it a versatile tool for identifying momentum and trend reversals.
BELIKENOOTHER34 EMA BULL BEAR COLOUREste indicador sirve de confirmación cuando mi indicador principal me dice en que sentido debo entrar a mercado, la combinación de mis 3 indicadores me da una gran probabilidad de entradas exitosas
Custom Trend TableManual input of trend starting with Daily Time frame, then H4 and H1.
If Daily and H4 are the same trend we can ignore H1 trend (N/A).
M15 Buy or Sell comes automatically depending on what the higher time frame trends are.
If Daily and H4 are bearish, then we look for Selling opportunities on M15.
If Daily and H4 are bullish, then we look for Buying opportunities on M15.
If Daily and H4 are different trends, then H1 trend will determine M15 Buy or Sell.
Works for up to 4 pairs / Symbols. If you need more, just add the indicator twice and on the second settings, move the placement of the table to a different location (Eg: Top, Middle) so you can see up to 8 Symbols. Repeat this process if required.
BELIKENOOTHER34 SOPORTE Y RESISTENCIA FIBO Y PORCENTUALNos indica el soporte y la resistencia del timeframe seleccionado y nos da 3 lineas de fibonacci para detectar retrocesos y optimizar la entrada, las lineas de soporte y resistencia son del mismo color en función de si la vela cerro alcista respecto a la anterior o rojas si cerro bajista.
BELIKENOOTHER34 UNLIMITEDVarios cci para acceder a la tendencia, tenemos el cci de color que indica hacia donde esta yendo el mercado, luego tenemos el otro oscilador que nos indica la entrada mas optima desde el retroceso.
BELIKENOOTHER34 UNLIMITEDEs un script basado en varios cci en diferentes temporalidades, el que tiene el color determina la tendencia y el otro que soplo es una linea indica la mayor probabilidad de entrada después del retroceso o corrección.
BELIKENOOTHER34 UNLIMITEDEs un script basado en varios cci en diferentes temporalidades, el que tiene el color determina la tendencia y el otro que soplo es una linea indica la mayor probabilidad de entrada después del retroceso o corrección.
Volume Weighted Average Price with 4 EMAsThe Volume Weighted Average Price (VWAP) with EMAs indicator combines the VWAP, which provides the average price of a security weighted by volume, with four Exponential Moving Averages (EMAs) of customizable lengths (default: 9, 20, 50, 200). This indicator helps traders identify trends, potential support and resistance levels, and make informed trading decisions based on price action relative to volume and moving averages.
Options Flavour by Raushan ShrivastavaThis script is for a trading strategy which combines Pivot Points and a Simple Moving Average.
It calculates support and resistance levels based on the monthly pivot point and plots them on the chart.
The script also creates conditions for entering bullish and bearish trades based on the relationship between the price and moving average.
Breakdown of the main components of the script :-
Pivot Point Calculation:
The script calculates the monthly pivot point and its associated support (S1, S2, S3) and resistance (R1, R2, R3) levels.
These levels are used to determine potential areas of interest on the chart.
Moving Average:
A simple moving average (SMA) is plotted with a length defined by the user (length_ma), used to spot trends.
Conditions for Bullish and Bearish Signals:
Bullish condition: The label appears when the market crosses the moving average upward and is above the pivot, or when the market crosses the pivot upward and is above the moving average.
Bearish condition: The label appears when the market crosses the moving average downward and is below the pivot, or when the market crosses the pivot downward and is below the moving average.
Plotting Shapes:
The pivot point, support, resistance, and previous month's high/low values are plotted on the chart as circles.
The moving average is plotted as a black line.
Labels:
Labels are placed to indicate when a bullish or bearish condition occurs. These labels appear when the conditions are met, helping visualize trading signals.
This strategy can be useful for traders who wish to combine multiple technical indicators to make more informed decisions. You can adjust the parameter for moving average length to fine-tune the strategy for different time frames and market conditions.
The JewelThe Jewel is a comprehensive momentum and trend-based indicator designed to give traders clear insights into potential market shifts. By integrating RSI, Stochastic, and optional ADX filters with an EMA-based trend filter, this script helps identify high-conviction entry and exit zones for multiple trading styles, from momentum-based breakouts to mean-reversion setups.
Features
Momentum Integration:
Leverages RSI and Stochastic crossovers for real-time momentum checks, reducing noise and highlighting potential turning points.
Optional ADX Filter:
Analyzes market strength; only triggers signals when volatility and directional movement suggest strong follow-through.
EMA Trend Filter:
Identifies broad market bias (bullish vs. bearish), helping traders focus on higher-probability setups by aligning with the prevailing trend.
Caution Alerts:
Flags potentially overbought or oversold conditions when both RSI and Stochastic reach extreme zones, cautioning traders to manage risk or tighten stops.
Customizable Parameters:
Fine-tune RSI, Stochastic, ADX, and EMA settings to accommodate various assets, timeframes, and trading preferences.
How to Use
Momentum Breakouts: Watch for RSI cross above a set threshold and Stochastic cross up, confirmed by ADX strength and alignment with the EMA filter for potential breakout entries.
Mean Reversion: Look for caution signals (RSI & Stoch extremes) as early warnings for trend slowdown or reversal opportunities.
Trend Continuation: In trending markets, rely on the EMA filter to stay aligned with the primary direction. Use momentum crosses (RSI/Stochastic) to time add-on entries or exits.
Important Notes
Non-Investment Advice
The Jewel is a technical analysis tool and does not constitute financial advice. Always use proper risk management and consider multiple confirmations when making trading decisions.
No Warranty
This indicator is provided as-is, without warranty or guarantees of performance. Traders should backtest and verify its effectiveness on their specific instruments and timeframes.
Collaborate & Share
Feedback and suggestions are welcome! Engaging with fellow traders can help refine and adapt The Jewel for diverse market conditions, strengthening the TradingView community as a whole.
Happy Trading!
If you find this script valuable, please share your feedback, ideas, or enhancements. Collaboration fosters a more insightful trading experience for everyone.
Moving Average Distance between MA coloredThe distance between short and long moving average of prices MAD
Momentum
Predictor of equity returns
TICK Charting & DivergencesOverview
The TICK index measures the number of NYSE stocks making an uptick versus a downtick. This indicator identifies divergences between price action and TICK readings, potentially signaling trend reversals.
Key Features
Real-time TICK monitoring during market hours (9:30 AM - 4:00 PM ET)
Customizable smoothing factor for TICK values
Regular and hidden divergences detection
Reference lines at ±500 and ±1000 levels
Current TICK value display
TICK Internals Interpretation
Above +1000: Strong buying pressure, potential exhaustion
Above +500: Moderate buying pressure
Below -500: Moderate selling pressure
Below -1000: Strong selling pressure, potential exhaustion
Best Practices
Use in conjunction with support/resistance levels, market trend direction, and time of day.
Higher probability setups with multiple timeframe confirmation, divergence at key price levels, and extreme TICK readings (±1000).
Settings Optimization
Smoothing Factor: 1-3 (lower for faster signals)
Pivot Lookback: 5-10 bars (adjust based on timeframe)
Range: 5-60 bars (wider for longer-term signals)
Warning Signs
Multiple failed divergences
Choppy price action
Low volume periods
Major news events pending
Remember: TICK divergences are not guaranteed signals. Always use proper risk management and combine with other technical analysis tools.
EMA Conditions Overlay with Weekly Tick MovementDisplays EMA conditions for 4H and daily timeframes along with weekly tick movement
Top G indicator [BigBeluga]Top G Indicator is a straightforward yet powerful tool designed to identify market extremes, helping traders spot potential tops and bottoms effectively.
🔵 Key Features:
High Probability Signals:
𝔾 Label: Indicates high-probability market bottoms based on specific conditions such as low volatility and momentum shifts.
Top Label: Highlights high-probability market tops using key price action dynamics.
Simple Signals for Potential Extremes:
^ (Caret): Marks potential bottom areas with less certainty than 𝔾 labels.
v (Inverted Caret): Signals potential top areas with less certainty than Top labels.
Midline Visualization:
A smoothed midline helps identify the center of the current range, providing additional context for trend and range trading.
Range Highlighting:
Dynamic bands around the highest and lowest points of the selected period, color-coded for easy identification of the market range.
🔵 Usage:
Spot Extremes: Use 𝔾 and Top labels to identify high-probability reversal points for potential entries or exits.
Monitor Potential Reversals: Leverage ^ and v marks for additional signals on potential turning points, especially during range-bound conditions.
Range Analysis: Use the midline and dynamic bands to determine the market's range and its center, aiding in identifying consolidation or breakout scenarios.
Confirmation Tool: Combine this indicator with other tools to confirm reversal or trend continuation setups.
Top G Indicator is a simple yet effective tool for spotting market extremes, designed to assist traders in making timely decisions by identifying potential tops and bottoms with clarity.
FuTech : MACD Crossovers Advanced Alert Lines=============================================================
Indicator : FuTech: MACD Crossovers Advanced Alert Lines
Overview:
The "FuTech: MACD Crossovers Advanced Alert Lines" indicator is designed to assist traders in identifying key technical patterns using the :-
1. MACD (Moving Average Convergence Divergence) and
2. Golden/Death Crossovers
By visualizing these indicators directly on the chart with advanced lines, it helps traders make more informed decisions on when to enter or exit trades.
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Key Features of "FuTech: MACD Crossovers Advanced Alert Lines":
1. MACD Crossovers:
a) The MACD is one of the most widely used indicators for identifying momentum shifts and potential buy/sell signals. This indicator plots vertical lines on the chart whenever the MACD line crosses the signal line.
b) Upward Crossover (Bullish Signal) : When the MACD line crosses above the signal line, a green vertical line will appear, indicating a potential buying opportunity.
c) Downward Crossover (Bearish Signal) : When the MACD line crosses below the signal line, a red vertical line will appear, signaling a potential selling opportunity.
2. Golden Cross & Death Cross:
a) The Golden Cross occurs when the price moves above a long-term moving average (like the 50-day moving average), signaling a potential upward trend.
b) The Death Cross occurs when the price moves below a long-term moving average, signaling a potential downward trend.
c) These crossovers are displayed with customizable lines on the chart to easily spot when the market is shifting direction.
d) Golden Cross (Bullish Signal) : A blue vertical line appears when the price crosses above the selected long-term moving average.
e) Death Cross (Bearish Signal) : A purple vertical line appears when the price crosses below the selected long-term moving average.
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Customization Options:
This indicator offers several customization options to suit your trading preferences:
1) MACD Settings:
a) Choose between different moving average types (EMA, SMA, or VWMA) for calculating the MACD.
b) Adjust the lengths of the fast, slow, and signal MACD periods.
c) Control the width and color of the vertical lines drawn on the chart for both up and down crossovers.
2) Golden Cross / Death Cross Settings:
a) Select the moving average type for the Golden Cross / Death Cross (EMA, SMA, or VWMA).
b) Define the lookback period for calculating the Golden Cross / Death Cross.
c) Customize the appearance of the Golden and Death Cross lines, including their width and color.
You can use both as well as either of the MACD lines or Golden Crossover / Death Crossover Lines respectively as per your trading strategies
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How "FuTech: MACD Crossovers Advanced Alert Lines" indicator Works:
a) The indicator monitors the price and calculates the MACD and Golden/Death Crosses.
b) When the MACD line crosses above or below the signal line, or when the price crosses above or below the long-term moving average, it plots a vertical line on the chart.
c) These lines help traders quickly spot potential turning points in the market, providing clear signals to act upon.
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Use Case:
a) Swing Traders: The indicator is useful for spotting momentum shifts and trend reversals, helping you time entries and exits for short- to medium-term trades.
b) Long-Term Traders: The Golden and Death Cross signals help identify major trend changes, giving insights into potential market shifts.
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Why Use This "FuTech: MACD Crossovers Advanced Alert Lines" Indicator ?
a) Clear Visuals : The vertical lines provide clear and easy-to-spot signals for MACD crossovers and Golden/Death Crosses.
b) Customizable : Adjust settings for your personal trading strategy, whether you're focusing on short-term momentum or long-term trend shifts.
c) Supports Decision Making : With its advanced line plotting and customizable features, this indicator helps you make quicker and more informed trading decisions.
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How to Use:
a) MACD Crossovers: Look for green lines to signal potential buying opportunities (when the MACD line crosses above the signal line) and red lines for selling opportunities (when the MACD line crosses below the signal line).
b) Golden Cross / Death Cross: Use the blue lines to confirm when a positive trend may begin (Golden Cross) and purple lines to warn when a negative trend may start (Death Cross).
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Conclusion:
"FuTech: MACD Crossovers Advanced Alert Lines" indicator combines two powerful technical analysis tools, the MACD and Golden/Death Crosses, to provide clear, actionable signals on your chart.
By customizing the appearance of these signals and combining them with your trading strategy, you can enhance your decision-making process and improve your trading outcomes.
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Thank you !
Jai Swaminarayan Dasna Das !
He Hari ! Bas Ek Tu Raji Tha !
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Dan-Machine Learning: Lorentzian Classification with AlertsAlerts by any colour change in smoothed Heikin Ashi candles.