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BURSATRENDBANDCHART
13 de Jan de 2019 05:16

TrendBand Naked 

SUPERMAX CORPORATION BHDMYX

Descrição

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)

Notas de Lançamento

- Change "candel" to "candle"

- Update Breakdown Candle culculation

Notas de Lançamento

Add :

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

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
Comentários
abharisali
what is the green candle and orange candle refers to?
Wawanii
The best ever indicator for me
SandwichTrades
Dear Sir,
THANK YOU for making such a wonderful script, I started trying to use this indicator & I have one request.
Please make the indicator messages colors variable and that we can choose our own colors ( or at least change the black color to different colors.
On a dark mode the black color messages cannot be read nor seen. Besides this indicator is very good.
Can you advice What is the best time frame /Moving average combination for using this indicator ?
Thank you once again...
Purbawara
red alert tu represent apa ya tuan
khairulnor2020
Hi great work. Can we use this for lower timeframe or it is suitable only for daily time frame.
BURSATRENDBANDCHART
@khairulnor2020, yes, and you can change all moving average line to suit with any timeframe..
Mais