This script is a graphis representation of Gunbot`s addon called ARS. There are 2 main functions in it: 1. Side/noSide detection and Trend Direction - it uses Candled recalculaion and protection() function to get 1H timeframe data BAND shows the trading direction: - GREY is Side market and allow to trade both sides - GREEN is noSide and only LONG - GED is noSide and only SHORT it uses MA/EMA to detect Trend side and ATR/SMA(ATR) deviation to detect Side/noSide market
2. Pump Dump detection - uses current time frame data which have to be 1 minute Indicated Slow (predictive) and Fast (reactive) PND signal + PND Close signals. It uses Volume/SMA(volume) deviation + ROC + Close/EMA(close) deviation + Price delta change between last candle and current close
Logic of this Pine is: - Sent Short/Long/Close/Flip signals according to function #1 - Sent PND signals to close/reopen position and PND close to close position when PND is over
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Update the Side/noSide Market to new BBW based algo
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- Fixed the Side/noSide indication on 1 min frame
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Changed the sensibility of PDP to make it less aggressive and exit when market became really calm