Originality by PaRn First Combination of Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn "Buy Sell Signal" is base on Volatility Stop 20, Multiplier 2.5 "Trend Signal" is based on EMA crossover between EMA12(Close) and EMA26(Close) Take Profit Line is EMA15(Default) Wavy line Base on EMA34(high,close,low) Tunnel line Base on EMA144(close),EMA169(close)
Green Candle Bar = "Uptrend" Red Candle Bar = "Downtrend" Buy when "Buy" Signal present Follow Trend till the end of the trend : "Sell" Signal present Buy More (Optional) = Green Arrow present on Uptrend
How to use Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn
- Wavy Tunnel + Trend Signal can be used in any timeline from 5 Minutes to Weeks - Price above both Wavy & Tunnel = "Uptrend" - Green Candle Bar = Uptrend - Buy when "Buy" Signal present - Buy More (Optional) = Green Arrow present on Uptrend - Hold your possition and Follow Trend till the end of the trend : "Sell" Signal present, It's time to sell all position
NOT RECOMMEND TO USE ON SIDEWAY MARKET
Notas de Lançamento
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Minor Update Trend Signal added Ribbon, EMA12,26
Notas de Lançamento
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Minor Update
Notas de Lançamento
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Added Bar Color Option
1. Gradient Green = Bullish Market Red = Bearish Market Light Blue = Rally (Bullish Turning Point) Blue = Strong Rally Yellow = Dip Orange = Strong Dip (Buy on Dip)
2. Green - Red Green = Bullish Trend Red = Bearish Trend
need to update bearish and bulling indicator result..
tyler8910
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Wow. I'm really impressed by this. Thanks for putting this together and open-sourcing it. Any plans to turn it into a strategy in addition to this study?
PaRn_T
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@tyler8910, Not yet plan to strategy at this time.. just sharing first : )
nishith1210
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🙌Thanks for best combination of indicator. I am using it for couple of months. I will be grateful if you also check strategy repaint issue , Buy /Sell signal repaints many a times. Please fix this
culturalLeopar98634
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best indicator ever..
magikmoney33
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great indicator just depends on how one chooses to use it and how they set it up for themselves on chart ..ive found it very accurate in where to be for sell or buy helps pin point probabilities thankyou who ever created and uploaded
magikmoney33
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find your own way of using this and its gold play around with it very useful /helpful i use it in analysis all the time thank you
Calamari_Flan
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Great indicator! Any chance you can fix the issue when you choose a fixed chart timeframe, then when you look at intraday charts, the indicator settings do not adhere to the chart timeframe I chose. For example, I use the daily timeframe but like to zoom in closer to the intraday charts for precision, but I want the indicator to stay on the daily chart timeframe. Much of the indicator changes to the current chart timeframe. This fix would be a huge benefit! Again, thanks so much for making such a great indicator and sharing it, hopefully this can be an easy fix--I look forward to it.
funmaking
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Nice indicator. Thank you. Can you add a new Buy and Sell alert condition to filter false signals?
In WT, there are some stochastisc and RSI indicators to filter bad signals. The most important is the Stochastic Lenght 76, D = 4 (80 buy - 20 sell)
If you could add this improvement to filter the alerts it would be awesome, thanks
tsjeffers1979
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I love this indicator. but is it possible to add an alert for buy/sell more signals