CVD AI PRO - 3.1 Conservative Day Trader (updated)
Summary: This advanced technical indicator combines Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), and Percentage Change analysis to generate long trading signals. Designed for the discerning trader, it integrates a comprehensive approach by considering volume, price volatility, and trend momentum to identify potential market entry points.
Features:
• Timeframe Selector: Allows users to specify the desired analysis timeframe, enhancing the indicator's flexibility across different trading strategies.
• Conservative Signal Filter: An optional filter that prevents the generation of consecutive buy or sell signals without an alternating signal, promoting a disciplined trading approach by ensuring that each buy signal is followed by a sell signal and vice versa.
• ATR-Based Stop Loss Calculation: Utilizes a dynamic ATR multiplier to determine optimal stop loss levels, adjusting to market volatility.
• Cumulative Volume Delta (CVD): Offers insights into market momentum by accumulating volume changes, providing a unique perspective on market sentiment.
• MACD & Confidence Level Analysis: Incorporates MACD line movements and a custom confidence level based on CVD normalization to refine signal accuracy.
• Volume Filter: Enhances signal reliability by including volume trends in the analysis, with options to activate or deactivate this filter based on user preference.
• Customizable Parameters: Includes user-defined inputs for ATR length, CVD length, MACD settings, and more, offering a tailored analytical experience.
• Signal Labels with Enhanced Visibility: Marks buy and sell signals directly on the chart with labels featuring increased font size, improving readability and decision-making speed.
• Directional Trend Labels: Provides immediate visual cues about the market's direction, aiding in quick assessment of current market trends.
Use Cases: Ideal for traders looking for a comprehensive, multifaceted technical analysis tool, this indicator suits various trading styles, from swing trading to longer-term investment strategies. The Conservative Signal Filter and enhanced signal labels particularly benefit users seeking to minimize risk and focus on clear, well-defined market entry and exit points.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.