This indicator shows arrows when there is a spike. It also paints the background when is growing. There is also a scanner for 8 tickers that will change color in real time when your other favorite tickers see growth and spikes.
You can customize the length of DMI, the number of bars to calculate the current average from, the number of bars back to get the overall average from, the multiple that needs to be hit to give a signal, the position of the scanner table and which tickers are used in the scanner. There are detailed directions as tooltips in the indicator settings you can read to understand exactly what each input does.
All features are customizable as well as which tickers the screener uses.
***HOW TO USE***
Watch for to pick up before placing trades as this will help you stay out of the markets when price is choppy. usually brings so watch for the signals to show up on the chart. Typically when price has made a big move one direction or is consolidating and you see the indicator start giving signals, the market is ready to reverse or continue its current trend but move faster in that direction.
When there is a spike that is larger than the average of over the last 100+ bars(depending on your settings) multiplied by the amount multiplier(in your settings) then an arrow will show up on the chart. This arrow will be green if DMI is and red if DMI is .
A Background color will appear when the average over the last 5 bars(depending on your settings) is higher than the average over the last 100+ bars(depending on your settings) and is greater than your multiple. It will also paint the background when the moving average has increased over the last 3 bars consecutively. The background colors will be red or green depending on buy & sell pressure(DMI). If the background color appears, then you know is growing and is near.
The scanner can be customized to have all of your favorite tickers by changing the tickers used in the indicator settings at the bottom. When no growth or spikes are detected, the ticker will show as light blue. When spikes or growth is detected, the ticker will turn orange to notify you.
You can set up alerts as well when there is growth, spikes and spikes on any chart or timeframe.
Settings will need to be adjusted across different tickers as some have large swings in and some stay pretty even, so make sure to set up different chart layouts with settings that work for each ticker and save them individually so you don’t have to reset these values every time you switch charts.
This indicator can be used as a signal on all markets, including stocks, crypto, and forex as long as Tradingview has and DMI data for that ticker.
This spike indicator can be used on all timeframes as long as there is enough data for Tradingview to use for calculations.
Try using numerous indicators of ours on your chart so you can instantly see the or of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, , Momentum, Auto and Index in combination with this Growth indicator. They all have real time and labels as well so you can immediately understand each indicator's trend.
Get Trend Friend Algo -> https://friendofthetrend.com/
Join Our Trading Group - https://www.facebook.com/groups/stockandcryptotradingstrategies
이 스크립트의 오써는 참된 트레이딩뷰의 스피릿으로 이 스크립트를 오픈소스로 퍼블리쉬하여 트레이더들로 하여금 이해 및 검증할 수 있도록 하였습니다. 오써를 응원합니다! 스크립트를 무료로 쓸 수 있지만, 다른 퍼블리케이션에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.