Same concept as Trendband Guide script, but now, we can choose any combination of moving average that suite with our own trading style.
Default setting :
Input (candle base on your timeframe)
Breakout Candle : 5 (highest)
Breakdown Candle : 10 (lowest)
Moving Average Line
EMA : default EMA, uncheck for MA
Fast Line : 10
Slow Line : 20
Direction : 50
Long Term : 200
Style
Breakout Line / Breakdown Line : Horizontal line base on breakout or breakdown setting above
Green Triangle : Potential pullback breakout
Red Triangle : Candle make new high but close lower (potential weakness)
Black Triangle : Candle make new low but close higher (potential strength)
Inside Candle : High and low current candle was smaller and within the high and low the previous candle
Background color : Red for positive / uptrend (fast line above slow line) and green for negative/downtrend (fast line below slow line)
Default setting :
Input (candle base on your timeframe)
Breakout Candle : 5 (highest)
Breakdown Candle : 10 (lowest)
Moving Average Line
EMA : default EMA, uncheck for MA
Fast Line : 10
Slow Line : 20
Direction : 50
Long Term : 200
Style
Breakout Line / Breakdown Line : Horizontal line base on breakout or breakdown setting above
Green Triangle : Potential pullback breakout
Red Triangle : Candle make new high but close lower (potential weakness)
Black Triangle : Candle make new low but close higher (potential strength)
Inside Candle : High and low current candle was smaller and within the high and low the previous candle
Background color : Red for positive / uptrend (fast line above slow line) and green for negative/downtrend (fast line below slow line)
Notas de Lançamento:
- Change "candel" to "candle"
- Update Breakdown Candle culculation
- Update Breakdown Candle culculation
Notas de Lançamento:
Add :
Trailing stop line.
Update :
Wording change from "Breakout Day" to "Breakout Candle"
Trailing stop line.
Update :
Wording change from "Breakout Day" to "Breakout Candle"
Notas de Lançamento:
Lates update for TRENDBAND NAKED.
Additional Input for
- Trailing Stop Line
- Break Weekly Low
- Pptrust
- Oversold Mode
Add Alert
- Breakout Candle
- Pullback Breakout
- Inside Bar
- New Low
- Oversold Signal
Remove
- Breakout and Breakout Line
Additional Input for
- Trailing Stop Line
- Break Weekly Low
- Pptrust
- Oversold Mode
Add Alert
- Breakout Candle
- Pullback Breakout
- Inside Bar
- New Low
- Oversold Signal
Remove
- Breakout and Breakout Line
Notas de Lançamento:
New Update
- update from pine script VER 3 to VER 4
- add LABEL with TRADING IDEA
- change user input option
- update STOP LOSS calculation
- upadate trendband ALERT
- new label for SPINNING TOP
- update from pine script VER 3 to VER 4
- add LABEL with TRADING IDEA
- change user input option
- update STOP LOSS calculation
- upadate trendband ALERT
- new label for SPINNING TOP