OPEN-SOURCE SCRIPT
Mis à jour [KK]EMA Breakout,1st retest,Peak Breakout
This script gives Signal based on 3 parameters
(1) Exponential Moving average breakout
(2)Retest after Breakout
(3) Peak Breakout after retest for conformation
Recommended Settings:
(1) EMA Length = 20 period
(2)Left Bars= Right Bars = 4
(3)15min chart resolution
Note: Default setting is what recommended.
Interpretation:
(1)Green Background = Higher Peak Breakout candle after conformed retest
(2)Red Background = Lower Peak Breakout candle after conformed retest
(3) Green circle = 1st Upward Breakout candle after conformed retest ( if previous breakout is Downward)
(4)Red circle = 1st Downward Breakout candle after conformed retest ( if previous breakout is Upward)
Note: you can additionally add backgrounds for EMA breakout and conformed Retest from code.
Signals:
(1)Long = When Green circle
(2)Short = When Red circle
This script works with any ticker id. Best Use for Equity and Forex Markets. Also, added alert condition for green and red circle.
P.S.: Thanks to RagingRocketBull for source code for breakout candles
(1) Exponential Moving average breakout
(2)Retest after Breakout
(3) Peak Breakout after retest for conformation
Recommended Settings:
(1) EMA Length = 20 period
(2)Left Bars= Right Bars = 4
(3)15min chart resolution
Note: Default setting is what recommended.
Interpretation:
(1)Green Background = Higher Peak Breakout candle after conformed retest
(2)Red Background = Lower Peak Breakout candle after conformed retest
(3) Green circle = 1st Upward Breakout candle after conformed retest ( if previous breakout is Downward)
(4)Red circle = 1st Downward Breakout candle after conformed retest ( if previous breakout is Upward)
Note: you can additionally add backgrounds for EMA breakout and conformed Retest from code.
Signals:
(1)Long = When Green circle
(2)Short = When Red circle
This script works with any ticker id. Best Use for Equity and Forex Markets. Also, added alert condition for green and red circle.
P.S.: Thanks to RagingRocketBull for source code for breakout candles
Notes de version
Just Changed Graphical representation and user let control which things are needed to be added on chart.Additional Changes:
(1) Calculate based on EMA (default setting SMA)
(2) Enable Successive Breakout
(3) Enable Correct Retests
(4) Enable EMA/SMA Breakout
Graphical Changes Made:
(1) Green circle => Green Background
(2) Red Circle => Red Background
(3) Successive UpBreakouts => Lime Background
(4) Successive DownBreakouts => Maroon Background
(5) Green Triangle => Correct Upward Retest
(6) Red Triangle => Correct Downward Retest
(7) Green Cross => MA Up Breakout candle
(8) Red cross => MA Down Breakout candle
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.