Bekas BASIC Indicator

hier

Bekas BASIC Indicator combines dynamic trend-following and support/resistance techniques:

🔹 Dual Moving Averages (user-selectable type: SMA, EMA, WMA, HMA):
- Fast MA (default: 10)
- Slow MA (default: 50)
- Generates Buy/Sell signals on crossovers with optional volume confirmation.

🔹 Volume Filter:
- Only triggers signals when volume exceeds the average by a user-defined multiple.

🔹 Pivot-Based Support & Resistance:
- Detects recent swing highs/lows (default lookback: 10 bars).
- Draws horizontal purple lines as potential support/resistance zones.

🔹 Diagonal Trendlines:
- Draws lines from recent pivot high/low to current price.
- Shows evolving short-term uptrend/downtrend visually.

🔹 Alerts:
- Configurable alerts for Buy/Sell signals based on crossover + volume.

Ideal for spotting early trend shifts, bounce zones, and breakout opportunities.

hier

Notes de version

Bekas BASIC Indicator combines dynamic trend-following and support/resistance techniques:

Dual Moving Averages (user-selectable type: SMA, EMA, WMA, HMA):
- Fast MA (default: 10)
- Slow MA (default: 50)
- Generates Buy/Sell signals on crossovers with optional volume confirmation.

Volume Filter:
- Only triggers signals when volume exceeds the average by a user-defined multiple.

Pivot-Based Support & Resistance:
- Detects recent swing highs/lows (default lookback: 10 bars).
- Draws horizontal purple lines as potential support/resistance zones.

Diagonal Trendlines:
- Draws lines from recent pivot high/low to current price.
- Shows evolving short-term uptrend/downtrend visually.

Alerts:
- Configurable alerts for Buy/Sell signals based on crossover + volume.

This indicator setup represents a basic toolkit of the key technical analysis tools I follow. I primarily rely on it to track moving averages, crossover signals, support and resistance levels, and trendlines. However, I only apply these technical indicators after identifying potential opportunities through fundamental analysis, such as company financials, sector performance, or macroeconomic drivers. In other words, fundamentals help me decide what to trade, while this technical framework helps me determine when to enter or exit positions with greater confidence.

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