OPEN-SOURCE SCRIPT
업데이트됨

True Barcolor

14 265
Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.

Conditions used:
  • Relative closing price
  • Relative volume against previous bar and overall moving average of volume
  • Volume analysis
  • Trend analysis

https://www.tradingview.com/x/WTpg7g9S/
릴리즈 노트
Updated to version 5
릴리즈 노트
Trailing stoploss is added in the script to highlight when to minimize the risk and Improve R:R ratio
릴리즈 노트
Limited number of Trailing stoploss lines display period.
릴리즈 노트
Trend reversal must be confirmed by closing above or below trailing Stoploss
릴리즈 노트
Tutorial for the script added along with the the scenario like supertrend
릴리즈 노트
Indicator name change

*potential entry points added

*reversal signals are added for profit booking
릴리즈 노트
Few updates on stoplosses !!
릴리즈 노트
Trailing SL updated

면책사항

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