True Barcolor

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

Script open-source

Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.

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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Script open-source

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