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OPEN-SOURCE SCRIPT

Buy/Sell Signals

Oleh TradingTail
Diupdate
The indicator is built using Supertrend, RSI, and Ema Crossovers.

What is the best way to use the indicator?

Indicator can be used in two ways:

First : If a signal appears on the chart, you can enter immediately the stoploss is the candle's low with a Small Buffer.

Second: you will get good results if you plot additional indicators like as volume, RSI and so on for additional confirmation to get better results
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  • The new buy sell signal option with additional confirmation using ATR i.e. average true range
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  • Tema for additional confirmation , if candle closed above tema and signal appears then go for long vice versa same for short
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  • For better and clean chart TEMA replaced with EMA with HMA smoothing
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  • general fixes and improvement in Baseline
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  • Rainbow Moving average change to ALMA
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  • Some signal Improvements
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Reversal Settings are changed
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  • Scalping Signals Improved
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  • Scalping Signals Removed & Pivots Based Signals are added please go with Additional confirm to take good entry
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New Signals Option for Stocks / Stock Options Only *
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  • Stock Signals Settings Changed, always put SL to nearest Swing and for additional confirmation use PAC
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  • Pivots Setting Changed
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  • stock Signals Removed
  • Possible Reversal Signal Added
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  • Period 21 of Dynamic Moving Average (SR) with Reversal Option added
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  • Reversal Bar Color added instead of signal, Use Higher TF
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  • Color filter condition removed
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  • Blast Candle Option added use it for Testing Purpose
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  • Minor bug fixes
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********** improvements ******
  • Reversal Candle Option Removed
  • Color Filter Removed
  • Filter signals with VWAP
  • Simple setting Panel



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  • More accuracy With VWAP in SuperTrend with ATR signals, Hope you will like that
  • Non Repainted signals on SuperTrend with ATR
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The biggest challenge with signals is determining when and where to enter. To help with this, horizontal lines with corresponding signals are plotted on charts. For instance, if a buy signal appears on the chart, the candle high will be indicated by a green horizontal line. Once the candle closes above the line, simply place a trade; the stop loss will be the candle that represents the signal's low and vice versa for short signals.
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Find Strong Candle on chart
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Strong Candles display on chart more precisely
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Stoploss step lines added to help to keep stop loss on chart
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Correction in stoploss
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Minor changes
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Stop loss Line Improved and other minor changes
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Minor changes has been made
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  1. optimized version
  2. Remove unnecessary Confirmation

buysignalsetupssupertrendsupertrend_reversalsupertrendstrategyTrend Analysis

Skrip 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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