OPEN-SOURCE SCRIPT

KCP MMA Trend [Dr.K.C.PRAKASH]

75
KCP MMA Trend [Dr.K.C.PRAKASH]

⚙️ Core Logic:

This indicator uses two custom Modified Moving Averages (MMAs) — named KCP 1 and KCP 2 — to track market momentum and identify trend changes.
When the faster average (KCP 1) moves above the slower one (KCP 2), it indicates upward momentum.
When KCP 1 moves below KCP 2, it signals downward momentum.

📈 Crossover Signals:

BUY Signal: Triggered when KCP 1 crosses above KCP 2, showing a possible shift to a bullish trend.

SELL Signal: Triggered when KCP 1 crosses below KCP 2, showing a possible shift to a bearish trend.

🎨 Chart Display:

KCP 1 is plotted as an orange line.

KCP 2 is plotted as a blue line.

Crossovers are visually highlighted with BUY and SELL labels on the price chart for easy interpretation.

🔔 Alerts:

Two alert conditions are included:

Buy Alert: “KCP 1 crossed ABOVE KCP 2”

Sell Alert: “KCP 1 crossed BELOW KCP 2”

These can be linked to TradingView alerts for real-time notifications.

🧩 Purpose:

The indicator is designed to identify trend direction and reversals clearly and simply, without requiring any manual settings or inputs.
It helps traders capture early entries and exits by following clean crossover-based momentum shifts.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.