Miyagi STrend
Miyagi: The attempt at mastering something for the best results.
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
Miyagi STrend was created to allow traders the ability to both scalp and swing trade from as singular indicator. STrend aims to help traders catch more of the move.
STrend starts with the native TradingView SuperTrend indicator and adds in extra filtering in the form of the SuperTrend Oscillator (ST OSC), and an Adaptive Moving Average (AMA) - all of which are adjustable.
Entry conditions start with the following:
Long Entry: SuperTrend must be green (candles above SuperTrend), price above the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum +100.
Short Entry: SuperTrend must be red (candles below SuperTrend), price below the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum -100.
Exits are provided for both directions, long and short, when the SuperTrend Oscillator (ST OSC) hits maximum (+100/-100).
Please note the SuperTrend Oscillator (ST OSC) is not shown on the chart however is used for the final calculation to confirm entries.
We have added an "Entry on Exit" selector which allows users to enable entries on exit candles. This may allow more trades, however will incur more risk.
With "Entry on Exit" selected entry and exit alerts CAN fire in same candle and may require delays if using STrend as a swing indicator.
Without "Entry on Exit" selected entry and exit alerts CANNOT fire in same candle. This will produce less signals overall however may be safer for traders to use.
It would be best suited to utilize a stoploss when trading with Miyagi STrend to minimize risk.
Alerts are meant to fire on "Once per Bar Close" to confirm entry and exit signals.
Happy Trading!
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
Miyagi STrend was created to allow traders the ability to both scalp and swing trade from as singular indicator. STrend aims to help traders catch more of the move.
STrend starts with the native TradingView SuperTrend indicator and adds in extra filtering in the form of the SuperTrend Oscillator (ST OSC), and an Adaptive Moving Average (AMA) - all of which are adjustable.
Entry conditions start with the following:
Long Entry: SuperTrend must be green (candles above SuperTrend), price above the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum +100.
Short Entry: SuperTrend must be red (candles below SuperTrend), price below the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum -100.
Exits are provided for both directions, long and short, when the SuperTrend Oscillator (ST OSC) hits maximum (+100/-100).
Please note the SuperTrend Oscillator (ST OSC) is not shown on the chart however is used for the final calculation to confirm entries.
We have added an "Entry on Exit" selector which allows users to enable entries on exit candles. This may allow more trades, however will incur more risk.
With "Entry on Exit" selected entry and exit alerts CAN fire in same candle and may require delays if using STrend as a swing indicator.
Without "Entry on Exit" selected entry and exit alerts CANNOT fire in same candle. This will produce less signals overall however may be safer for traders to use.
It would be best suited to utilize a stoploss when trading with Miyagi STrend to minimize risk.
Alerts are meant to fire on "Once per Bar Close" to confirm entry and exit signals.
Happy Trading!
ملاحظات الأخبار:
Updated Stoploss conditions to fire exit alerts on ST trend change.
ملاحظات الأخبار:
Updated "Entry on Exit" default value to false.
ملاحظات الأخبار:
Update alert conditions
ملاحظات الأخبار:
Updated default values again
ملاحظات الأخبار:
Super Trend selector re-added.
ملاحظات الأخبار:
Added user defined above/below AMA % setting to filter out entries X% away from the AMA line.
No Long Above AMA % added on user selectable input.
No Short Below AMA % added on user selectable input.
No Long Above AMA % added on user selectable input.
No Short Below AMA % added on user selectable input.
ملاحظات الأخبار:
Re-added all inputs
ملاحظات الأخبار:
Added HTF 1,2,3 on selector switches to allow STrend users to trade with the trend of the higher timeframes.
HTF's must be larger values than the chart timeframe.
If all timeframes agree = signals allowed
HTF's must be larger values than the chart timeframe.
If all timeframes agree = signals allowed
ملاحظات الأخبار:
Entry on Exit fix for HTF's
ملاحظات الأخبار:
Added RSI Filtering to filter signals.
RSI Maximum can be used to avoid late longs if RSI > RSI Maximum.
RSI Minimum can be used avoid shorts near bottoms if RSI < RSI Minimum.
RSI Maximum can be used to avoid late longs if RSI > RSI Maximum.
RSI Minimum can be used avoid shorts near bottoms if RSI < RSI Minimum.
ملاحظات الأخبار:
RSI Update
ملاحظات الأخبار:
Naming conventions
ملاحظات الأخبار:
RSI Long/Short separation
ملاحظات الأخبار:
Update for Outbound Signal Sender - Backtesting
ملاحظات الأخبار:
MFI Update
ملاحظات الأخبار:
MFI Updates for min/max long and short separation
ملاحظات الأخبار:
Added Volume and Time Filter
ملاحظات الأخبار:
Update for MFI
ملاحظات الأخبار:
RSI Tooltip updates
ملاحظات الأخبار:
External Source upgrade for backtester
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