This indicator is not holy grail, but it is an amazing trend finder and works nicely between 3m and 1W timeframes :)))
With this indicator you can enjoy its trading signal and backtest the strategy. In order to check how much you could have been profitable with this script if you started trading from a specific timestamp, please use this nice website to get the integer number representing in seconds the date-time you want to start from: unixtimestamp.com/
If you want to set alerts on both buy, sell, take profit and stop-loss signals you must use this not-strategy indicator version
HOW TO USE THIS INDICATOR
Buy/Long when you see a green "B" label on the chart at best price you can, you have time till next candle's open price , trying to buy as low as possible near the green cloud or below it. Green cloud acts like a moving support for price, so use it for more buys/longs. The bigger the cloud, the stronger the bull-trend and so the support.
Sell/Short when you see a red "S" label on the chart at best price you can, you have time till next candle's open price , trying to sell as high as possible near the red cloud or over it. Red cloud acts like a moving resistance for price, so use it for more sells/shorts. The bigger the cloud, the stronger the bear-trend and so the resistance.
This indicator suggests some TP (Take Profit) for both longs (in green color) and shorts (in red color): you can start (at least partially!) closing the current trade (eventually you start new longs/shorts at cloud touch if you are a bold trader!).
Keep in mind that the lower the timeframe you work on, the easier is the trend to change rapidly, so always set a -2% / -5% stop-loss on trades and follow the trend with a nice trailing stop strategy. Of course, as said at the beginning, this indicator suggests some TPs (Take Profits) for both longs (in green color) and shorts (in red color) operations: when you see a TP, you can start (at least partially!) taking profits over the current trade and move stop-loss higher (at least at break-even).
This is a premium indicator, so send me a private message in order to get access to this script.
Do you like my free scripts? Offer me a coffee, a beer, a pizza or whatever :)
PS: Do you need a customization or do you need a dev who implements your strategy? send me a private message ;-)
הערות שחרור
Signals algorithm fixed on low timeframes:
3m
5m
15m
הערות שחרור
New release! Lots of New Features! Now you will be able to:
check in the same chart the lower timeframe's trend cloud or see it on chart background
check in the same chart the upper timeframe's trend cloud or see it on chart background
edit trend cloud length analysis period!
get signals on both lower, current and upper trend clouds
get signals if current trend cloud ones are confirmed by lower one or viceversa
get signals if current trend cloud ones are confirmed by upper one or viceversa
get signals if lower trend cloud ones are confirmed by upper one or viceversa
enable the "don't trade against trend" option while more than one trend cloud is enabled for signals (skip selling if main trend cloud is green, skip buying if main trend cloud is red)
enable option to skip buy signal if it's over the main trend green cloud (you will be notified to close the short of course)
enable option to skip sell signal if it's below the main trend red cloud (you will be notified to close the long of course)
enable bollinger bands and get signals if price action breaches its bands
enable ichimoku cloud on chart
This is a premium indicator, so send me a private message in order to get access to this script. Enjoy 10% DISCOUNT on first buy! Also, as usual, send me a direct message for any issue you may find: I'll find a working solution for your needs and I'll fix the script ASAP :)
Do you like my free scripts? Offer me a coffee, a beer, a pizza or whatever :)
added important SMAs and EMAs to be shown in the chart optionally
source code upgraded to last pine script code version (v4)
solved some issues on 4h and 3D charts due to a tradingview platform system update which was breaking the script on those timeframes
This is a premium indicator, so send me a private message in order to get access to this script. Enjoy 10% DISCOUNT on first buy! Also, as usual, send me a direct message for any issue you may find: I'll find a working solution for your needs and I'll fix the script ASAP :)
Do you like my free scripts? Offer me a coffee, a beer, a pizza or whatever :)
Script enhanced again! What's new in this version:
added alerts on trend clouds divergences (eg. when Current Trend Cloud starts growing up while Higher one keeps going down or viceversa)
added alerts when a trend cloud starts getting thinner or ticker in order to highlight losing momentum or gaining momentum conditions
added Buy only when lower trend cloud is over higher's one and Sell when lower is below higher
removed ichimoku cloud, some MAs and EMAs to leave space for new features
bug fix (some trend clouds got broken on some timeframes, now they works on all timeframes)
This is a premium indicator, so send me a private message in order to get access to this script. Enjoy 10% DISCOUNT on first buy! Also, as usual, send me a direct message for any issue you may find: I'll find a working solution for your needs and I'll fix the script ASAP :)
Do you like my free scripts? Offer me a coffee, a beer, a pizza or whatever :)
הגישה לסקריפט זה מוגבלת למשתמשים שהוסמכו על ידי הכותב ובדרך כלל דורשת תשלום. אתה יכול להוסיף אותו למועדפים שלך, אך תוכל להשתמש בו רק לאחר שתבקש אישור ותקבל אותו מהמחבר שלו. למידע נוסף, צור קשר עם astropark, או עקוב אחר הוראות המחבר למטה.
TradingView לא מציעה לשלם עבור סקריפט ולהשתמש בו אלא אם כן אתה סומך ב-100% על המחבר שלו ומבין כיצד הסקריפט עובד. במקרים רבים, אתה יכול למצוא אלטרנטיבה טובה לקוד פתוח בחינם בבסקריפטים הקהילתיים שלנו.
I'm a software engineer, passionate for trading & developing trading tools & bots! Feel free to DM me & checkout my work: bit.ly/astroparktrading
גם על:
כתב ויתור
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.