Explanation:
Simple Moving Average (SMA):
The SMA is used as a baseline for the price trend.
Average True Range (ATR):
ATR is used to estimate the price volatility.
High Demand:
High demand is identified when the volume is greater than the SMA of the volume.
Forecast Maximum and Minimum Values:
The script forecasts maximum and minimum values based on the SMA and ATR.
Strategy Execution:
The strategy enters a long position during high demand periods and exits based on forecasted maximum and minimum values.
Visualization:
SMA, forecasted maximum and minimum values, and high demand periods are plotted on the chart.
Simple Moving Average (SMA):
The SMA is used as a baseline for the price trend.
Average True Range (ATR):
ATR is used to estimate the price volatility.
High Demand:
High demand is identified when the volume is greater than the SMA of the volume.
Forecast Maximum and Minimum Values:
The script forecasts maximum and minimum values based on the SMA and ATR.
Strategy Execution:
The strategy enters a long position during high demand periods and exits based on forecasted maximum and minimum values.
Visualization:
SMA, forecasted maximum and minimum values, and high demand periods are plotted on the chart.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.