TheSandyBanana
TheSandyBanana is a comprehensive trading indicator designed for various asset classes. It combines multiple technical analysis tools to provide buy and sell signals, aiding traders in making informed decisions. This script is suitable for traders who prefer a combination of trend-following and momentum strategies.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
333-Period EMA: Features a long-term 3333-period EMA, plotted on the chart for trend analysis and potential dynamic support or resistance levels.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
333-Period EMA: Features a long-term 3333-period EMA, plotted on the chart for trend analysis and potential dynamic support or resistance levels.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
릴리즈 노트:
TheSandyBanana is a comprehensive trading indicator designed for various asset classes. It combines multiple technical analysis tools to provide buy and sell signals, aiding traders in making informed decisions. This script is suitable for traders who prefer a combination of trend-following and momentum strategies.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
릴리즈 노트:
New and improved
릴리즈 노트:
Added backtesting
릴리즈 노트:
no buys under ema
릴리즈 노트:
Added checkbox for ema filter
릴리즈 노트:
Added RSI hard sell
릴리즈 노트:
Updated default settings
릴리즈 노트:
fix
릴리즈 노트:
update
릴리즈 노트:
update
릴리즈 노트:
Added reason plotting
릴리즈 노트:
updated colors
릴리즈 노트:
Added buy if % rise after sell
릴리즈 노트:
small update
릴리즈 노트:
fixed small rsi filter bug
릴리즈 노트:
bug fix
릴리즈 노트:
improved peak and valley detection
릴리즈 노트:
clean up code
릴리즈 노트:
update
릴리즈 노트:
cleaned up code
릴리즈 노트:
update
릴리즈 노트:
updated sma filter
릴리즈 노트:
updated defualts
릴리즈 노트:
updated defaults
릴리즈 노트:
working on valley detection
릴리즈 노트:
update
릴리즈 노트:
update
릴리즈 노트:
improved sma filter
릴리즈 노트:
updated filter
릴리즈 노트:
revert
릴리즈 노트:
updated order and colors
릴리즈 노트:
add percent gain to chart indicator
릴리즈 노트:
updated buy trigger
릴리즈 노트:
update
릴리즈 노트:
cleaned up code
릴리즈 노트:
updated defaults
릴리즈 노트:
cleaned up code
릴리즈 노트:
updated backtesting
릴리즈 노트:
added compound gain reporting
릴리즈 노트:
cleaned up code
릴리즈 노트:
moved table to bottom
릴리즈 노트:
allow decimals for rsi rise and decrease settings
릴리즈 노트:
Updated reporting for days instead of trades
릴리즈 노트:
fixed bug
릴리즈 노트:
bug fix
릴리즈 노트:
fixed bug
릴리즈 노트:
added in trading fees a multiplied everything all inputs by 10 to make them easier to manipulate decimals
릴리즈 노트:
small update
릴리즈 노트:
update
릴리즈 노트:
small update
릴리즈 노트:
small update
릴리즈 노트:
small update
릴리즈 노트:
small update to hard sell
릴리즈 노트:
Added Hard Sell cross type
릴리즈 노트:
Added different threshholds for uptrends and downtrends