OPEN-SOURCE SCRIPT

True Barcolor

Mis à jour
Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.

Conditions used:
  • Relative closing price
  • Relative volume against previous bar and overall moving average of volume
  • Volume analysis
  • Trend analysis

https://www.tradingview.com/x/WTpg7g9S/
Notes de version
Updated to version 5
Notes de version
Trailing stoploss is added in the script to highlight when to minimize the risk and Improve R:R ratio
Notes de version
Limited number of Trailing stoploss lines display period.
Notes de version
Trend reversal must be confirmed by closing above or below trailing Stoploss
Notes de version
Tutorial for the script added along with the the scenario like supertrend
Notes de version
Indicator name change

*potential entry points added

*reversal signals are added for profit booking
Notes de version
Few updates on stoplosses !!
Notes de version
Trailing SL updated
barcolorCandlestick analysiscandlestickpatternheikin-ashipositionaltradingsupertrendsupplydemandanalyticsTrend AnalysisvolumeanalysisVolume

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?


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