Overview This Pine Script creates an indicator named "Price Channel with Supertrend" that overlays on the main chart. It combines the Price Channel and Supertrend indicators, and includes various customization options for colors and bar conditions.
Key Components Inputs:
length: Length for the Price Channel. channel: Boolean to enable/disable the Price Channel. Various color inputs for customization. Bar Conditions:
Identifies different types of bars (e.g., inside bars, outside bars, up days, down days) and sets colors accordingly. Price Channel:
Calculates the upper and lower bounds of the Price Channel using the highest high and lowest low over the specified length. Plots the Price Channel if enabled. Supertrend:
Uses ATR (Average True Range) to calculate the Supertrend. Plots the Supertrend line with color changes based on the trend direction. Bar Coloring:
Colors bars based on conditions like outside bars and Supertrend direction. Buy and Sell Signals:
Generates buy and sell signals based on crossovers and crossunders of the closing price with the Supertrend line. Plots labels for these signals on the chart. Plotting Price Channel: Plots the upper and lower bounds. Supertrend: Plots the Supertrend line with color changes. ATR: Uses ATR for Supertrend calculation. Bar Colors: Colors bars based on conditions. Signals: Plots buy and sell signals with labels.
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.