Trading Assistant DiNGUE
Trading Assistant DiNGUE This indicator is like a trading assistant for your charts.
It helps set your biases and emotions aside and lets you focus on managing trades in an easy visual way.
Get various types of signals to enter your trades (either Long or Short). Then use take profits, stops, or the opposite signal to exit trades.
The signals are created from various indicators and sensibility options you can customize any way you want. Works on every timeframe.
You can customize every setting or used the preset ones. Preset settings adjust automatically based on the timeframe you are using on the chart.
The 12 Indicators are Volume - RSI - Stochastic - MacD - Moving Averages (MA) - Rate of Change (ROC) - ADX DMI Directional Movement Index - On Balance Volume (OBV) - Bollinger Bands - VWAP - ATR - Parabolic SAR.
Every indicator can be turned On or Off.
You can adjust the way it creates signals by selecting either 'rise-fall', 'crosses' or by combining both.
You can select the sensitivity of the signal from Normal - Safe - Safer.
You can adjust lengths or use the preset ones.
There are also additional options for each indicator, you can filter weak levels for ADX, filter for tight bands, have ROC above 0…
You can also plot several of those indicators on the screen. 2x Moving Averages, 2x VWAP, 2x ATR, 2x SAR for even easier visualization of the trend.
You can also plot fractals to facilitate once again on trend visualization. Higher high, lower low, higher low, lower high.
Trade with the Trend and Safe Trades:
If you want to have a higher chance of success, you can trade with the trend. First, select the trend timeframe you would like to use. Let's say the “Weekly” trend. Meaning it will generate a signal on the weekly timeframe and based on the result (Long or Short) it will only take trades in that direction. So the trend is LONG on the Weekly and you get a “Long” signal, it will take it. “Short” signals on the other hand will be treated as “stops” and won’t want to go against the trend by going ‘short’.
Safe Trend works in the same manner, but instead of using the signal on a bigger timeframe, it uses an indicator as to the deciding factor. Let's say you select the 200SMA as the “Safe signal”. The indicator will only go “Long” when above the 200SMA and “Short” under the 200SMA. Otherwise, it will put a stop instead of going against the trend.
Stop Loss:
There are 4 different types of stop-loss that you can use at the same time.
- Indicator Stop
- Fib stop
- Fix % stop
- Trailing stop
You can plot the stops directly on the chart AND OR add them to the panel for an easy visualization once again.
With the ‘indicator stop’, you can select one of the two: MA ATR SAR VWAP as a stop.
Fib stop, it uses fib numbers to calculate a stopping point.
Fix %, you can select your max loss in percent. Could be 2%, 5%
A trailing stop is like a fixed stop but that will trail as the price moves in the right direction.
Take Profit:
There are 4 different types of take profit that you can use simultaneously.
- Fix % Take Profit
- ATR multiple Take Profit
- Fib multiple Take Profit
- Bollinger Band Take Profit
Fix % just let you set a fix take profit target in percent.
ATR multiple lets you select a target based on a multiple of the average true range.
Fib multiple lets you select a target based on a fib multiple
Bolling Band lets you take profit based on the Bollinger band settings you select.
Visual Panel:
The visual panel lets you see exactly how is the last trade progressing. It will give you the entry price, profit, stop, and target. You can turn it on or off, as is for the stop and target.
You can also decide to plot 1 position or more, you can even show all the possible signals, add backgrounds with colors. You can also plot the bigger Trend and Safe Signals explained above.
If you have any questions, suggestions, or comments, feel free to do so!
It helps set your biases and emotions aside and lets you focus on managing trades in an easy visual way.
Get various types of signals to enter your trades (either Long or Short). Then use take profits, stops, or the opposite signal to exit trades.
The signals are created from various indicators and sensibility options you can customize any way you want. Works on every timeframe.
You can customize every setting or used the preset ones. Preset settings adjust automatically based on the timeframe you are using on the chart.
The 12 Indicators are Volume - RSI - Stochastic - MacD - Moving Averages (MA) - Rate of Change (ROC) - ADX DMI Directional Movement Index - On Balance Volume (OBV) - Bollinger Bands - VWAP - ATR - Parabolic SAR.
Every indicator can be turned On or Off.
You can adjust the way it creates signals by selecting either 'rise-fall', 'crosses' or by combining both.
You can select the sensitivity of the signal from Normal - Safe - Safer.
You can adjust lengths or use the preset ones.
There are also additional options for each indicator, you can filter weak levels for ADX, filter for tight bands, have ROC above 0…
You can also plot several of those indicators on the screen. 2x Moving Averages, 2x VWAP, 2x ATR, 2x SAR for even easier visualization of the trend.
You can also plot fractals to facilitate once again on trend visualization. Higher high, lower low, higher low, lower high.
Trade with the Trend and Safe Trades:
If you want to have a higher chance of success, you can trade with the trend. First, select the trend timeframe you would like to use. Let's say the “Weekly” trend. Meaning it will generate a signal on the weekly timeframe and based on the result (Long or Short) it will only take trades in that direction. So the trend is LONG on the Weekly and you get a “Long” signal, it will take it. “Short” signals on the other hand will be treated as “stops” and won’t want to go against the trend by going ‘short’.
Safe Trend works in the same manner, but instead of using the signal on a bigger timeframe, it uses an indicator as to the deciding factor. Let's say you select the 200SMA as the “Safe signal”. The indicator will only go “Long” when above the 200SMA and “Short” under the 200SMA. Otherwise, it will put a stop instead of going against the trend.
Stop Loss:
There are 4 different types of stop-loss that you can use at the same time.
- Indicator Stop
- Fib stop
- Fix % stop
- Trailing stop
You can plot the stops directly on the chart AND OR add them to the panel for an easy visualization once again.
With the ‘indicator stop’, you can select one of the two: MA ATR SAR VWAP as a stop.
Fib stop, it uses fib numbers to calculate a stopping point.
Fix %, you can select your max loss in percent. Could be 2%, 5%
A trailing stop is like a fixed stop but that will trail as the price moves in the right direction.
Take Profit:
There are 4 different types of take profit that you can use simultaneously.
- Fix % Take Profit
- ATR multiple Take Profit
- Fib multiple Take Profit
- Bollinger Band Take Profit
Fix % just let you set a fix take profit target in percent.
ATR multiple lets you select a target based on a multiple of the average true range.
Fib multiple lets you select a target based on a fib multiple
Bolling Band lets you take profit based on the Bollinger band settings you select.
Visual Panel:
The visual panel lets you see exactly how is the last trade progressing. It will give you the entry price, profit, stop, and target. You can turn it on or off, as is for the stop and target.
You can also decide to plot 1 position or more, you can even show all the possible signals, add backgrounds with colors. You can also plot the bigger Trend and Safe Signals explained above.
If you have any questions, suggestions, or comments, feel free to do so!
Notas de Lançamento:
Updates on the Panel now showing the Ticker and the Timeframe used.
Added an option for evolving target or fixed.
Added an option for evolving target or fixed.
Notas de Lançamento:
Big Update to Version 5.1
To popular demand, added 3 more indicators to the signal settings, bringing the total to 15!
You can now use those indicators for the Signal Settings and or for Targets and Stops!
Added a 2nd indicator Stop and a 2nd indicator Target that can be used simultaneously.
New Settings for both Stops and Targets. (Fixed - Trail - Evolve)
This gives you the option to trail some indicators settings even if the original calculation were not. Evolve means that the value of the stop or target can increase or decrease as price evolves.
Added: Option to filter the angle, this helps filtering sideways markets.
Removed: Fractals
Optimized and reworked the code to make room for those changes.
To popular demand, added 3 more indicators to the signal settings, bringing the total to 15!
- Ichimoku Clouds
- Linear Regression Channel
- Mayer Multiple
You can now use those indicators for the Signal Settings and or for Targets and Stops!
Added a 2nd indicator Stop and a 2nd indicator Target that can be used simultaneously.
New Settings for both Stops and Targets. (Fixed - Trail - Evolve)
This gives you the option to trail some indicators settings even if the original calculation were not. Evolve means that the value of the stop or target can increase or decrease as price evolves.
Added: Option to filter the angle, this helps filtering sideways markets.
Removed: Fractals
Optimized and reworked the code to make room for those changes.
Notas de Lançamento:
Forgot to update a setting in the previous update 5min ago.
Notas de Lançamento:
-- Now Version 5.2 --
After popular demand, I added Alerts. It is only for Long and Short signals and only on the Daily, Weekly and Monthly timeframe. The indicator is simply too powerful to allow more alerts than this.
Added a minimum value for stop loss. To protect from being stop too early.
Fixed some bugs and some visual changes.
Added terms and conditions.
After popular demand, I added Alerts. It is only for Long and Short signals and only on the Daily, Weekly and Monthly timeframe. The indicator is simply too powerful to allow more alerts than this.
Added a minimum value for stop loss. To protect from being stop too early.
Fixed some bugs and some visual changes.
Added terms and conditions.
Notas de Lançamento:
Added instructions for the terms to accept in order to use the indicator.
Notas de Lançamento:
Date is added to display when the entry was taken. This helps when we can't see the entry on the screen and also to troubleshoot strategies that would return an entry really far away and never close it.
Added a mobile option to display the panel and fonts smaller for better experience on mobile.
Added different colors for light background
Combined the Trendingue and Safe Signal into one section. Added the feature to reverse trade the Trendingue.
Added a way to set the signals for either the local, global, or both to produce even better entries.
Optimized the code in order to fit all the new features. Re-organized the layout, tooltips and general design.
1500 lines of code later. I hope you enjoy and feel free to suggest more features!
Added a mobile option to display the panel and fonts smaller for better experience on mobile.
Added different colors for light background
Combined the Trendingue and Safe Signal into one section. Added the feature to reverse trade the Trendingue.
Added a way to set the signals for either the local, global, or both to produce even better entries.
Optimized the code in order to fit all the new features. Re-organized the layout, tooltips and general design.
1500 lines of code later. I hope you enjoy and feel free to suggest more features!
Notas de Lançamento:
- Added Risk Reward Targets
-Re-structured the whole code using libraries in order to give more room for additional features in the future as I was running into capability limits with TV.
-Re-structured the whole code using libraries in order to give more room for additional features in the future as I was running into capability limits with TV.
Notas de Lançamento:
Fixed an issue where on bigger time-frame, you could hit a target and also a stop on the same candle, if you had the stop set on the close of the candle it would show both on the chart.
To clarify for non-technical users, this was just a visual issue, it did not affect the exiting of positions in the logic. It was easy to fix and a visual issue that rarely occurs so I fixed it.
If you are aware of other issues, feel free to send me a message or comment below.
To clarify for non-technical users, this was just a visual issue, it did not affect the exiting of positions in the logic. It was easy to fix and a visual issue that rarely occurs so I fixed it.
If you are aware of other issues, feel free to send me a message or comment below.
Notas de Lançamento:
-Added 2 new indicators to the Assistant:
Added more flexibility in the way signals are created. You can now produce a signal specific to a direction, locally and or globally. That means you can create a long signal different than a short, same for global and local ones.
Upgraded the alerts in order to have only 1 alert call with all the required alerts included:
-Added an expansion filter for most indicator.
-Fixed the background showing gray on "lighter theme" charts.
I hope you enjoy the latest updates, if you have any suggestions or questions, please don't hesitate.
Thank you for all the support.
- POC - Point of Control
- Support & Resistance Zone
Added more flexibility in the way signals are created. You can now produce a signal specific to a direction, locally and or globally. That means you can create a long signal different than a short, same for global and local ones.
Upgraded the alerts in order to have only 1 alert call with all the required alerts included:
- Long Alerts
- Short Alerts
- Target Alerts
- Stop Alerts
-Added an expansion filter for most indicator.
-Fixed the background showing gray on "lighter theme" charts.
I hope you enjoy the latest updates, if you have any suggestions or questions, please don't hesitate.
Thank you for all the support.
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