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TopTickTom
27 יולי 2022 09:47

Qullamaggie Daily with ADR% and Compression Range 

XETR:TUI11D
TUI AG NA O.N.XETR

תיאור

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Qullamaggie Daily

This Indicator is a Combination of Moving Averages (Simple and Exponential) as definied from Qullamaggie and used in his TC2000 Setup

Moving Averages:

- The Moving Averages are Guidelines for the current Trend and are not decive for the Entry
- They shall be a quick view and visual assistance to find strong momentum stock that are currently in a Phase of a "Flag Pattern"

ADR% 20 Day:

- Average Daily Range in % should indicate the Momentum of the Stock. It is similar but still works different as the Volalitily indicators.
- A stock is recommend to a have a ADR% above 5-6 to be considered a Momentum Leading Stock.

Consolidation Range:

- This Indicator should help to define Ranges in which the Volumen get compressed(increase) while the price movement is minimal
- A strong breakout is to be expected. The Range should be easier to be identified with this indication.

הערות שחרור

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Updating and Removed unnessacary clutter from the indicator such as Yellow Coloring when hitting some MA's.
Adjusted the color of the 150 and 100 MA
Added Naming Labels to the MA's
Removed the consolidation ranges
Recolored the ADR % line to have no opacity.

ADR% can be read in the last value in the Indicator values, when moving the cross above the latest price.

Recompiled for Version 5
Simple Moving Average (SMA)mommentumbreakout
תגובות
kvntran09
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Can someone please explain how to use this indicator? Thanks.
svengustavlarsson
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What are the colored lines? MAs, ADR and so on
burn3r777
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Very nice
ChartingOwl
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Hi Tom, there is a copy paste mistake in the plotting section with out4 and out5. Here is the fixed version:
// Plotting MA's plot(out, color=color.new(color.purple, 0), title='10') plot(out2, color=color.new(color.yellow, 0), title='20') plot(out3, color=color.rgb(248, 63, 63), title='50') plot(out4, color=color.rgb(33, 201, 243), title='100') plot(out7, color=color.new(color.white, 0), title='65') plot(out5, color=color.new(color.orange, 0), title='150') plot(out6, color=color.rgb(15, 199, 21), title='200')
Munna333
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can you please share the candles color codes like you have same like tc2000
HeyHoTrader
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A great indicator! I am using it. Wondering about the grey areas that are connecting to each other...is that a stoploss trailing stop? Thanks for your work
DDDDDaniel
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What does the blue backround (Plots Backround 1) mean between the consolidation range?
baybaysiwa
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Awesome indicator! I've been papertrading w/ it, just using the dashed lines. Buy stop above, risking low of entry candle, then sometimes put 10 & 20 MAs on to manage trade. Sometimes limit order entry near bottom dashed line. This indicator takes a huge load off. Thank you
baybaysiwa
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What does the different colored candle represent?
TopTickTom
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@baybaysiwa, Strong one sided Volume
עוד