OPEN-SOURCE SCRIPT
Trend Meter
Diupdate
Use as a supplementary Indicator to confirm your entries, but it is as good on it's own.
When you first apply the indicator to your chart make sure you shrink it down It looks a lot better that way
The indicator consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend
As a bonus Possible Momentum Setup entries based on Stochastics are marked as well, these are very Powerful however please use with caution
How to Use
The more Trend meters are lit up the better
Look for Support or Resistance Levels for price to be attracted to
Find confluence with other indicators
Enter Long above the Setup Bar
Enter Short Below the Setup Bar
When you first apply the indicator to your chart make sure you shrink it down It looks a lot better that way
The indicator consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend
As a bonus Possible Momentum Setup entries based on Stochastics are marked as well, these are very Powerful however please use with caution
How to Use
The more Trend meters are lit up the better
Look for Support or Resistance Levels for price to be attracted to
Find confluence with other indicators
Enter Long above the Setup Bar
Enter Short Below the Setup Bar
Catatan Rilis
Adjusted;Filter X parameters
Trend Meter Background Highlight - Filter X + 3 Trend Meter Conditions Met (Minor / Major Base Line Cross Excluded)
Catatan Rilis
Updated Alerts - You can see and set them properly now Catatan Rilis
Fixed issue with AlertsCatatan Rilis
Ability to change dot sizeBackground Highlight when all 3 conditions are met
Adjusted Alerts
Catatan Rilis
Major UpdateAdded;
Trend Meters - Fast MACD and RSI Signal Line Cross and RSI 13 Above or Below 50
A Second Trend Bar - Trend Bars Show MA Cross or MA direction
Lots of Alerts
All in All a much more accurate Trend Meter to confirm your trades
Catatan Rilis
Removed Stochastic Momentum Setups and Replaced them with Wave Trend SignalsCatatan Rilis
Fixed Signals - Enjoy but please Back TestCatatan Rilis
Added Alert for "Any Setup" - Combines Wave Trend Setups, 3 conditions met Setups and 5 ? 11 ema crosses This Alert is very powerful
However please remember to Long or Short only after the Setup Bar is Closed
and to have a very tight stop loss,
Stop Loss at Bottom of Setup Bar for Longs and Top of Setup Bar for Shorts.
If Price hasn't gone your way after a couple of Bars then cancel your order and wait for a new setup
Catatan Rilis
As Per Request AddedAlerts for Rapid Color Change for 3 trend meters
Catatan Rilis
Long Awaited UpdateRemoved a lot of non essential alerts
Added Alerts for when Trend Meters line up with Trend Bars - This has been a long standing request by the community
Catatan Rilis
Fixed a fault with the AlertsCatatan Rilis
Updated Menu & AlertsCatatan Rilis
Finally the Alerts that Everyone has been asking for!3 Trend Meters No Longer Align - Possible exit / take profit signal
Wave Trend Signal when the 3 Trend Meters Align
Catatan Rilis
Added Indication for Positive or Negative Pressure based on RSI and Wave TrendCatatan Rilis
Adjusted position of Pos/Neg Strength DotsCatatan Rilis
Updated the Look and Function of the Trend Meter and the MenuCatatan Rilis
Updated ChartCatatan Rilis
Updated ChartSkrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
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