TheSandyBanana
TheSandyBanana is a comprehensive trading indicator designed for various asset classes. It combines multiple technical analysis tools to provide buy and sell signals, aiding traders in making informed decisions. This script is suitable for traders who prefer a combination of trend-following and momentum strategies.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
333-Period EMA: Features a long-term 3333-period EMA, plotted on the chart for trend analysis and potential dynamic support or resistance levels.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
333-Period EMA: Features a long-term 3333-period EMA, plotted on the chart for trend analysis and potential dynamic support or resistance levels.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
ملاحظات الأخبار:
TheSandyBanana is a comprehensive trading indicator designed for various asset classes. It combines multiple technical analysis tools to provide buy and sell signals, aiding traders in making informed decisions. This script is suitable for traders who prefer a combination of trend-following and momentum strategies.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
ملاحظات الأخبار:
New and improved
ملاحظات الأخبار:
Added backtesting
ملاحظات الأخبار:
no buys under ema
ملاحظات الأخبار:
Added checkbox for ema filter
ملاحظات الأخبار:
Added RSI hard sell
ملاحظات الأخبار:
Updated default settings
ملاحظات الأخبار:
fix
ملاحظات الأخبار:
update
ملاحظات الأخبار:
update
ملاحظات الأخبار:
Added reason plotting
ملاحظات الأخبار:
updated colors
ملاحظات الأخبار:
Added buy if % rise after sell
ملاحظات الأخبار:
small update
ملاحظات الأخبار:
fixed small rsi filter bug
ملاحظات الأخبار:
bug fix
ملاحظات الأخبار:
improved peak and valley detection
ملاحظات الأخبار:
clean up code
ملاحظات الأخبار:
update
ملاحظات الأخبار:
cleaned up code
ملاحظات الأخبار:
update
ملاحظات الأخبار:
updated sma filter
ملاحظات الأخبار:
updated defualts
ملاحظات الأخبار:
updated defaults
ملاحظات الأخبار:
working on valley detection
ملاحظات الأخبار:
update
ملاحظات الأخبار:
update
ملاحظات الأخبار:
improved sma filter
ملاحظات الأخبار:
updated filter
ملاحظات الأخبار:
revert
ملاحظات الأخبار:
updated order and colors
ملاحظات الأخبار:
add percent gain to chart indicator
ملاحظات الأخبار:
updated buy trigger
ملاحظات الأخبار:
update
ملاحظات الأخبار:
cleaned up code
ملاحظات الأخبار:
updated defaults
ملاحظات الأخبار:
cleaned up code
ملاحظات الأخبار:
updated backtesting
ملاحظات الأخبار:
added compound gain reporting
ملاحظات الأخبار:
cleaned up code
ملاحظات الأخبار:
moved table to bottom
ملاحظات الأخبار:
allow decimals for rsi rise and decrease settings
ملاحظات الأخبار:
Updated reporting for days instead of trades
ملاحظات الأخبار:
fixed bug
ملاحظات الأخبار:
bug fix
ملاحظات الأخبار:
fixed bug
ملاحظات الأخبار:
added in trading fees a multiplied everything all inputs by 10 to make them easier to manipulate decimals
ملاحظات الأخبار:
small update
ملاحظات الأخبار:
update
ملاحظات الأخبار:
small update
ملاحظات الأخبار:
small update
ملاحظات الأخبار:
small update
ملاحظات الأخبار:
small update to hard sell
ملاحظات الأخبار:
Added Hard Sell cross type
ملاحظات الأخبار:
Added different threshholds for uptrends and downtrends