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Price Action Signals V2

업데이트됨

Indicator that shows buy/sell signals based on price action and volume as it relates to a double EMA. If the candle is above the double EMA, we look for candles with long wicks on the top indicating selling pressure. If the candle is below the double EMA , we look for candles with a long bottom wick indicating buying pressure. The user defined parameters are the length of the double EMA and the length of the volume moving average. Lower timeframes such as 5 minutes and lower are better off using lower lengths while higher timeframes should user higher lengths. Your mileage will vary.

Note, while this indicator can signal the beginning of long term trends, it will also signal minor retracements. Do not blindly buy or sell based on a signal appearing, pay attention to where the candle is in the overall trend and wait for confirmation to avoid losses.

릴리즈 노트

Chart update to show intraday.

릴리즈 노트

Changed default setting for showing the Double EMA and commented out plots that aren't needed.

릴리즈 노트

Made some updates for more granular control. There's now a spread you can choose for candles to determine what makes a candle large, an irregular body setting to determine what you consider to be an irregular candle spread on large volume. I also changed the default set up for intraday trading.

- Fixed bug with plot showing at bottom of the chart, which was squishing the entire chart.

릴리즈 노트

Added notes for the colors of arrows. Red and green candles denote strong market movement, purple arrows denote weakness and possible reversals.

릴리즈 노트

Removed candle color condition for more accurate results.

릴리즈 노트

Added check to make sure that we don't put two arrows on one candle.

릴리즈 노트

Finally got rid of the moving average separator. Purple arrows now mean small spread OR low volume with strong price action.

릴리즈 노트

Added the ability to remove irregular arrows from display to keep indicator more clean. Also changed default settings.

릴리즈 노트

Added high volume condition to irregular bodies.

릴리즈 노트

Updated chart

릴리즈 노트

Had to remove extra indicator for new chart

릴리즈 노트

Fixed bug that caused a buy arrow and sell arrow to show up at the same time.

오픈 소스 스크립트

진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.