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Trend Start and Change and Signals by fekonomi

Trend Change and Start Signals Indicator
This indicator combines multiple technical analysis tools to generate buy and sell signals based on trend changes and market conditions. It uses the following components:

  1. MACD (Moving Average Convergence Divergence): Identifies trend direction and momentum.
  2. RSI (Relative Strength Index): Measures the speed and change of price movements.
  3. EMA (Exponential Moving Average): Tracks the average price over a specific period, giving more weight to recent prices.
  4. ADX (Average Directional Index): Indicates the strength of a trend.
  5. Ichimoku Cloud: Provides support and resistance levels, trend direction, and momentum.
  6. Volume Increase: Checks for significant increases in trading volume.


How It Works
Buy Signal: Generated when at least three of the following conditions are met:
  • MACD line crosses above the signal line.
  • RSI is above 50.
  • Short EMA crosses above the long EMA and ADX indicates a strong trend.
  • Price is above the Ichimoku Cloud and volume is significantly higher than the average.


Sell Signal: Generated when at least three of the following conditions are met:
  • MACD line crosses below the signal line.
  • RSI is below 50.
  • Short EMA crosses below the long EMA and ADX indicates a strong trend.
  • Price is below the Ichimoku Cloud.


Visualization
Buy signals are marked with green "BUY" labels below the bars.
Sell signals are marked with red "SELL" labels above the bars.
The indicator also plots the short and long EMAs, and the Ichimoku Cloud for visual reference.
This indicator helps traders identify potential trend changes and entry/exit points based on a combination of reliable technical indicators.

Feel free to customize the settings to fit your trading strategy! If you have any questions or need further assistance, let me know. Happy trading! 📈
Catatan Rilis
This indicator combines multiple technical analysis tools to identify trend changes and market conditions. It uses the following components:

  • MACD (Moving Average Convergence Divergence): Identifies trend direction and momentum.
  • RSI (Relative Strength Index): Measures the speed and change of price movements.
  • EMA (Exponential Moving Average): Tracks the average price over a specific period, giving more weight to recent prices.
  • ADX (Average Directional Index): Indicates the strength of a trend.
  • Ichimoku Cloud: Provides support and resistance levels, trend direction, and momentum.
  • Volume Increase: Checks for significant increases in trading volume.


How It Works

Buy Signal: Generated when at least three of the following conditions are met:

  • MACD line crosses above the signal line.
  • RSI is above 50.
  • Short EMA crosses above the long EMA and ADX indicates a strong trend.
  • Price is above the Ichimoku Cloud and volume is significantly higher than the average.


Sell Signal: Generated when at least three of the following conditions are met:

  • MACD line crosses below the signal line.
  • RSI is below 50.
  • Short EMA crosses below the long EMA and ADX indicates a strong trend.
  • Price is below the Ichimoku Cloud.


Visualization
Buy signals are marked with green "BUY" labels below the bars.
Sell signals are marked with red "SELL" labels above the bars.

The indicator also plots the short and long EMAs, and the Ichimoku Cloud for visual reference.
This indicator helps traders identify potential trend changes and entry/exit points based on a combination of reliable technical indicators.

Feel free to customize the settings to fit your trading strategy! If you have any questions or need further assistance, let me know. Happy trading! 📈
Fekonomi

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