kaushalkumar_kaneria

[KK]EMA Breakout,1st retest,Peak Breakout

kaushalkumar_kaneria Mis à jour   
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
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 le véritable esprit de 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 le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

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.

Vous voulez utiliser ce script sur un graphique ?