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Combined MTF Camarilla Pivots (HA + Candles)This is a fairly basic (but hopefully useful) indicator that combines three time-frames of Camarilla pivots into one. Default time-frames are: Weekly Monthly Yearly Time-frames can be modified as you wish, they are just set to these as I generally only trade higher intervals (just note that formatting labels will not change - but you can update these as needed). The Camarilla pivots displayed are as follows: R3, R4, R5, R6 Pivot line (Middle/Base) S3, S4, S5, S6 R1/S1 & R2/S2 are excluded to make way for R5/S5 & R6/S6 - as these are more useful for the majority of traders. The formula for levels 5/6 are always up for debate, as no official formula has ever been released. I've used what I consider a mid, or consensus calculation. By default all historical pivot levels are displayed, as there can be some benefit to mapping these forward once the relevant period has ended. If people find it's too cluttered I'll look into having an option to display the current period only. Unfortunately, TradingView doesn't allow labels on plots (seems like such a basic feature to be missing, but there you go), so you'll have to learn the colours/linewidths. Oh, and there's a checkbox to enable pivots to be calculated on Heiken-Ashi prices/candles rather than default prices/candles. This heavily modifies the location of the Camarilla Pivots, but I've found that in certain situations you can get some great results. Let me know your thoughts/comments/suggestions. Cheers DD
مؤشرات Pine Script™
من ‎DreamsDefined‎
19
Supertrend Multi Time Frame - Auto HTF calculationThere is already SuperTrend indicator and thanks to its developer. This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period. it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars color. Bar color is lime if trend is up and red if trend is down. but if you see white bars then there is movement opposite the main trend. if you like it please comment.
مؤشرات Pine Script™
من ‎LonesomeTheBlue‎
38
Multi SMA EMA WMA HMA BB (4x5 MAs Bollinger Bands) Adv MTF - RRBMulti SMA EMA WMA HMA 4x5 Moving Averages with Bollinger Bands Advanced MTF by RagingRocketBull 2019 Version 1.0 This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels. There are 4 MA groups + 1 BB group, a total of 4 TFs * 5 MAs = 20 MAs. You can assign any type/timeframe combo to a group, for example: - EMAs 12,26,50,100,200 x H1, H4, D1, W1 (4 TFs x 5 MAs x 1 type) - EMAs 8,10,13,21,30,50,55,100,200,400 x M15, H1 (2 TFs x 10 MAs x 1 type) - D1 EMAs and SMAs 8,10,12,26,30,50,55,100,200,400 (1 TF x 10 MAs x 2 types) - H1 WMAs 7,77,89,167,231; H4 HMAs 12,26,50,100,200; D1 EMAs 89,144,169,233,377; W1 SMAs 12,26,50,100,200 (4 TFs x 5 MAs x 4 types) - +1 extra MA type/timeframe for BB There are several versions: Simple, MTF, Pro MTF, Advanced MTF and Ultimate MTF. This is the Advanced MTF version. The Differences are listed below. All versions have BB - Simple: you have 2 groups of MAs that can be assigned any type (5+5) - MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing - Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options - Advanced MTF: +2 extra MAs/group (4x5 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option - Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols Features: - 4x5 = 20 MAs of any type - 4x MTF groups with XY step line smoothing - +1 extra TF/type for BB MAs - 4x5 = 20 MA levels with adjustable group offsets, indents and shift - supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA) - custom tickers/symbols for each group - you can compare MAs of the same symbol across exchanges - show max bars back option - show/hide both groups of MAs/levels/BB and individual MAs - timeframe filter: show only MAs/Levels with TFs <>= Current TF - hide MAs/Levels with duplicate TFs - support for custom TFs that are not available in free accounts: 2D, 3D etc - support for timeframes in H: H, 2H, 4H etc Notes: - Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs - Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running - Possible reasons for missing MAs on a chart: - there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart. - price << default Y smoothing step 5. For charts with low/fractional prices (i.e. 0.00002 << 5) adjust X Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0) - TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts - attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug. - Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default) - Slow load/redraw times. This indicator becomes slower, its UI less responsive when: - Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness. - the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode). - Reload the page/Load a fresh chart and then apply the indicator or - Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow) - in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level - initial load and redraw times after a param change in UI also depend on TF. For example: D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec. M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars). - when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow. - show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot - Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times - In max zoom mode all dynamic levels disappear (they behave like text) 1. based on 3EmaBB, uses plot*, barssince and security functions 2. you can't set certain constants from input due to Pinescript limitations - change the code as needed, recompile and use as a private version 3. Levels = trackprice implementation 4. Show Max Bars Back = show_last implementation 5. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params 6. Smoothing is applied by default for visual aesthetics on MTF. To use exact ma mtf values (lines with stair stepping) - disable it Good Luck! You can explore, modify/reuse the code to build your own indicators.
مؤشرات Pine Script™
من ‎RagingRocketBull‎
3
Zindarra Multi Alerts Advanced (8 Symbols, 8 Levels) by RRBZindarra Multi Alerts Advanced by RRB by RagingRocketBull 2018 Version 1.0 This indicator lets you configure multiple alert levels for several assets. Zindarra Multi Alerts Advanced supports 8 symbols with 8 custom alert levels. You can have an M:M relationship betweeen symbols and levels, for example: - 4 symbols each boxed by 2 alerts above/below the price - 3 symbols with 1 alert each - 2 symbols, 1st with 2 alerts, 2nd - with 6 alerts - 1 symbol with 8 alerts etc There are several versions: Simple, Pro, Advanced and Ultimate. This is the Advanced version. The Differences are listed below. - Simple: 10 Alert Levels, 1 plot mode, alert type: cross, no colors/triggered alerts - Pro: 9 Alert Levels, 2 plot modes: plot/price line, alert type: cross, +change/swap colors, +hide/disable triggered alerts, 2 penetration modes (close, high/low), trigger on confirmed close - Advanced: 8 Symbols/Tickers, 8 Alert Levels, +alert types: cross up/cross down, no color change. Display sources as lines/candles, normalize, scale/shift independently - Ultimate: 5 Symbols/Tickers, 8 Alert Levels, +alert types: volume/price %/abs change, volume/ema/time cross Features: - 8 custom symbols, symbols:levels = M:M - 8 custom alert levels with labels. For each alert there must be a corresponding non-empty symbol (can be a duplicate) - alert types: cross/cross up/cross down - normalize symbols (and alert levels) to 100% to compare, - scale and shift each symbol (and alert levels) to position on a chart independently - 1 alert levels plot mode: plot - 2 symbol types: line/candles - colorize symbol candles - high/low or close level penetration modes - show/hide levels/labels - keep or auto disable triggered alerts - trigger alerts only after a confirmed close You will see all symbols on a single chart at the same time with their corresponding alert levels. From this chart you can manage all alerts configured for multiple assets. Although TradingView has 2 percentage scale modes (Percent, Indexed to 100), somehow they still fail to be usefull when comparing multiple assets. This indicator lets you normalize all symbols to 100% making a direct single scale comparison between assets with vastly different price levels possible. All alert levels will be normalized as well. TradingView does not let you move the plots attached to left scale. When scaled they all remain stuck in the center and can't be moved vertically or relative to each other. This indicator lets you position all symbols independently using individual scale and shift settings. For example, you can: - split your screen in 3 horiz areas and have a symbol in each of them without overlapping or - have several partially overlapping assets with different scale each or - have all assets fully overlapping and normalized to the same 100% scale You have to manually create an alert in Manage Alerts Panel and configure it to use with this indicator. Free accounts are limited to only 1 alert slot and this indicator will take it (any existing alerts must be disabled/stopped). Once the alert is configured, the indicator can be removed from chart to free a slot for another indicator, but you won't see the alert levels. Usage: 1. attach indicator to a chart 2. define alert levels in UI settings 3. in TradingView's Manage Alerts panel on the right: - for free accounts: disable/stop all existing alerts, you are limited to 1 alert slot only. Otherwise you won't be able to save. - create a new Alert: - select 'Multi Alerts' indicator name in the Condition dropdown box, leave Level 1 and Multi Alerts Cross as default options - select 'Once Per Bar' or 'Once Per Minute' instead of 'Only Once' to trigger the alert multiple times 5. click Save. Your 9 alerts are enabled now. Change Settings: 1. change levels/settings in UI. Any changes will also reset already triggered levels visibility. 2. in Manage Alerts panel: - open/edit the alert you created - select new instance of 'Multi Alerts' indicator name in the Condition dropdown box (appears at the bottom) - check the Condition dropdown again - a single instance should remain selected. 3. click Save. Your alert settings are updated. Notes on using alerts: - attaching this indicator to a chart and configuring alert levels will not automatically enable the alerts - you have to manually create/configure a new alert in the Alerts Panel - removing this indicator from chart will not disable the alerts, you have to manually disable the alert you created in the Alerts Panel - your alert in the Alerts Panel uses another instance (copy) of indicator/settings. Any changes won't affect the alert. You have to manually update the alert every time you change any settings in the indicator. - recompiling and attaching your own version of indicator will require creating a new Alert (delete the old one). - alerts are designed to work in realtime. In replay mode you will see triggered alert levels hiding/changing colors but there will be no system alert messages. It's best to test the indicator in realtime on M1 (1 min) chart - you will only see 1 system alert per bar/60 sec when multiple alert levels are crossed with a single bar or across several symbols at the same time. However all of these levels will hide in the indicator as expected. - you can only see the alert levels when the indicator is attached to chart, they are not shown by the system alert. - For source=high/low a directional level penetration is used automatically (crossunder/low and crossover/high). For source=close a standard bidirectional cross is used unless another alert type is specified. - normalization breaks/distorts alert levels and symbol price - this is normal and is expected. To view the real price of alert levels uncheck normalize - the first 8 outputs are alert levels. Unnormalized levels are straight lines. - you will see alerts from all symbols in the system alert message box of the current symbol - a bit confusing, but there's no workaround, you can't have a customized alert message for each symbol/level - many tickers as arguments can stretch/break TradingView's Create New Alert dialog but it's still possible to push all required buttons and Save. - duplicate symbols will be displayed by default. You can manually hide duplicates using show/hide flags. - empty tickers (and corresponding alerts) are essentially disabled 1. uses plot*, cross*, barssince, highest, security, alertcondition
مؤشرات Pine Script™
من ‎RagingRocketBull‎
10
Zindarra Multi Alerts by RRBZindarra Multi Alerts by RRB by RagingRocketBull 2018 Version 1.0 This indicator lets you configure multiple alert levels for an asset. Zindarra Multi Alerts supports 10 custom alert levels. You have to manually create an alert in Manage Alerts Panel and configure it to use with this indicator. Free accounts are limited to only 1 alert slot and this indicator will take it (any existing alerts must be disabled/stopped). Once the alert is configured, the indicator can be removed from chart to free a slot for another indicator, but you won't see the alert levels. This is the Zindarra Multi Alerts Simple version. You can't auto disable already triggered alerts in this indicator. All alerts will remain active. If you want to be able to hide/disable/change color of the triggered alert levels use the Zindarra Multi Alerts Pro version. Features: - 10 custom alert levels with labels - set open/high/low/close source point for level penetration - show/hide levels/labels Usage: 1. attach indicator to a chart 2. define alert levels in UI settings 3. in TradingView's Manage Alerts panel on the right: - for free accounts: disable/stop all existing alerts, you are limited to 1 alert slot only. Otherwise you won't be able to save. - create a new Alert: - select 'Multi Alerts' indicator name in the Condition dropdown box, leave Level 1 and Multi Alerts Cross as default options - select 'Once Per Bar' or 'Once Per Minute' instead of 'Only Once' to trigger the alert multiple times 5. click Save. Your 9 alerts are enabled now. Change Settings: 1. change levels/settings in UI 2. in Manage Alerts panel: - open/edit the alert you created - select new instance of 'Multi Alerts' indicator name in the Condition dropdown box (appears at the bottom) - check the Condition dropdown again - a single instance should remain selected. 3. click Save. Your alert settings are updated. Notes on using alerts: - attaching this indicator to a chart and configuring alert levels will not automatically enable the alerts - you have to manually create/configure a new alert in the Alerts Panel - removing this indicator from chart will not disable the alerts, you have to manually disable the alert you created in the Alerts Panel - your alert in the Alerts Panel uses another instance (copy) of indicator/settings. Any changes won't affect the alert. You have to manually update the alert every time you change any settings in the indicator. - recompiling and attaching your own version of indicator will require creating a new Alert (delete the old one). - alerts are designed to work in realtime. In replay mode you will see only the alert levels but there will be no system alert messages. It's best to test the indicator in realtime on M1 (1 min) chart - you will only see 1 system alert per bar/60 sec when multiple alert levels are crossed with a single bar. - you can only see the alert levels when the indicator is attached to chart, they are not shown by the system alert. - a standard bidirectional cross is used for all penetration sources 1. uses plot*, cross*, alertcondition
مؤشرات Pine Script™
من ‎RagingRocketBull‎
2
Zindarra Multi Alerts Pro (9 Levels) by RRBZindarra Multi Alerts Pro by RRB by RagingRocketBull 2018 Version 1.0 This indicator lets you configure multiple alert levels for an asset. Zindarra Multi Alerts Pro supports 9 custom alert levels. You have to manually create an alert in Manage Alerts Panel and configure it to use with this indicator. Free accounts are limited to only 1 alert slot and this indicator will take it (any existing alerts must be disabled/stopped). Once the alert is configured, the indicator can be removed from chart to free a slot for another indicator, but you won't see the alert levels. If you want 10 alert levels and don't need colors and Pro features - use Multi Alerts Simple version instead. Features: - 9 custom alert levels with labels - 2 plot modes: plot and price line - high/low or close level penetration modes - show/hide levels/labels - change color based on level position above/below price - keep or auto disable triggered alerts - trigger alerts only after a confirmed close - swap level colors Usage: 1. attach indicator to a chart 2. define alert levels in UI settings 3. in TradingView's Manage Alerts panel on the right: - for free accounts: disable/stop all existing alerts, you are limited to 1 alert slot only. Otherwise you won't be able to save. - create a new Alert: - select 'Multi Alerts' indicator name in the Condition dropdown box, leave Level 1 and Multi Alerts Cross as default options - select 'Once Per Bar' or 'Once Per Minute' instead of 'Only Once' to trigger the alert multiple times 5. click Save. Your 9 alerts are enabled now. Change Settings: 1. change levels/settings in UI. Any changes will also reset already triggered level colors/visibility. 2. in Manage Alerts panel: - open/edit the alert you created - select new instance of 'Multi Alerts' indicator name in the Condition dropdown box (appears at the bottom) - check the Condition dropdown again - a single instance should remain selected. 3. click Save. Your alert settings are updated. Notes on using alerts: - attaching this indicator to a chart and configuring alert levels will not automatically enable the alerts - you have to manually create/configure a new alert in the Alerts Panel - removing this indicator from chart will not disable the alerts, you have to manually disable the alert you created in the Alerts Panel - your alert in the Alerts Panel uses another instance (copy) of indicator/settings. Any changes won't affect the alert. You have to manually update the alert every time you change any settings in the indicator. - recompiling and attaching your own version of indicator will require creating a new Alert (delete the old one). - alerts are designed to work in realtime. In replay mode you will see triggered alert levels hiding/changing colors but there will be no system alert messages. It's best to test the indicator in realtime on M1 (1 min) chart - you will only see 1 system alert per bar/60 sec when multiple alert levels are crossed with a single bar. However all of these levels will hide/change color in the indicator as expected. - plot modes: price line - changes color of the whole level, style is not configurable; plot - changes color of a level's segment after each cross, configurable style - you can only see the alert levels when the indicator is attached to chart, they are not shown by the system alert. - For source=high/low a directional level penetration is used automatically (crossunder/low and crossover/high). For source=close a standard bidirectional cross is used. Colors always change above/below close. 1. uses plot*, cross*, alertcondition
مؤشرات Pine Script™
من ‎RagingRocketBull‎
5
Daily 9 EMA Plotted at Other Than Daily Time Frame Credit to the great @Zoen Triste for his original script at: I just amend it for the Daily, 4H and other time frames. The main function of the Daily 9EMA (pink line) is to easily distinguish the big trend. It is also for multi time frames dynamic support / resistance when trading using tf lower than Daily, without having to toggle between the time frames. Everything is there at a single time frame chart. I like to day trade and switch to swing trade when there is a solid setup for it. To be able to do that, I use 15mins tf together with the Daily 9EMA, 4H 34EMA and 4H 21EMA. How to trade using this setup? First of all, if price is below the pink line (Daily 9EMA), it means the big trend is downtrend (and vice versa). When price retrace and reach the blue (4H 21EMA) or black (4H 34EMA) or the pink (Daily 9EMA) line (look at the red arrows), if there is bearish divergence / slingshot at the MACD's histogram together with a reversal candle such as pin bar (shooting star), dark cloud cover or bearish engulf, it's a short setup. We don't need to put the Stop Loss immediately. We can wait for the price to resume in the direction of the big trend to trail the SL. I do add up daily and weekly pivots and trendlines for additional support / resistance for greater confidence. If the above setup occurs at certain pivots and trendline, we'll have a very high probability setup. Please see the zoomed-in chart as below: When price is above the pink line, the setup is just the opposite. My conclusion: When day trading using this setup at smaller time frames such as 15mins, we don't have to toggle between 4H and 15min time frames to see where is the EMA21 and EMA34 at 4H for the moment. It's like we are able to see a microscopic and bird's eye views at the same time using a single time frame chart.
مؤشرات Pine Script™
من ‎TheDemonTrader‎
4
Multi SMA EMA WMA HMA BB (5+5 MAs + Bollinger Bands) MTF by RRBMulti SMA EMA WMA HMA BB (5+5 Moving Averages of Any Type with Bollinger Bands) MTF by RagingRocketBull 2018 Version 1.0 This indicator shows multiple MAs of any type (SMA EMA WMA HMA etc) with BB and MTF support There are several versions: Simple, MTF, Pro MTF and Ultimate MTF. This is the MTF version. The Differences are listed below. All versions have BB - Simple: you have 2 groups of MAs that can be assigned any type (5+5) - MTF: +assign 1 custom Timeframe to any group combo (5+5 Custom TF) - Pro MTF: +multiple Timeframes for multiple MA groups (4*3 MTF), horizontal levels and show max bars back options - Ultimate MTF: +individual settings for each MA, multiple Timeframes There are 2 groups of MAs, 3rd group is BB. You can: - show/hide all MAs in a group. Use length 0 to hide a particular MA independently or uncheck in Style. - apply any MA type to all MAs in a particular MA group. For example, you can assign all EMAs the HMA type. Groups are called EMAs and SMAs just for reference. - assign Custom Timeframe to a particular MA/BB group combination or all groups. For example, show daily (D) EMAs+SMAs on H1 Timeframe, or only H4 (240) BB on H1. You can use different types of MAs as dynamic S/R levels to trade of off and MA crosses as signals for possible trend change (golden/death bull/bear crosses). Current Timeframe MAs can be used together with Custom Timeframe MAs on a single chart. Higher TF MAs are more important than lower TF MAs. Most common MA types are: SMA, EMA, WMA, HMA. Most common MA lengths are: 12, 20, 26, 30, 50, 100, 200, 400 etc. MTF Notes: - Script UI uses simple timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs - Groups that are not assigned a Custom TF will use Current Timeframe (0). - MTF will work for any MA type assigned to the group. BB group always uses SMA type. - MTF works both ways: you can display a higher TF MA/BB on a lower TF or a lower TF MA/BB on a higher TF. - MTF MA values are normally aligned at the boundary of their native timeframe. This produces stair stepping when a higher TF MA is viewed on a lower TF. Therefore Point Density/Smoothing is applied by default on MA MTF for visual aesthetics. Set to 0 to disable and see exact ma mtf values (lines with stair stepping and original mtf alignment). - Smoothing is disabled for BB MTF because fill doesn't work with smoothed MAs after duplicate values are replaced with na. - MTF MA Value fluctuation is possible on the current bar due to default security lookahead Features: - 2 groups of custom 5+5 MAs of any type including Hull Moving Average (HMA) - BB - 1x Custom Timeframe with step line smoothing for 3 groups (MAs + BB) 1. based on 3EmaBB, uses plot, fill, security, change, barstate, stdev and custom hma functions 2. you can't set certain constants from input due to Pinescript limitations - change the code as needed, recompile and use as a private script version 3. you can't have plot* inside ?/if/for/function, and implementing condition forks using 2 sets of plots (na vs non-na) doubles indicator params and styles - confusing 4. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params Feel free to use. Good Luck!
مؤشرات Pine Script™
من ‎RagingRocketBull‎
8
Multi SMA EMA WMA HMA BB (5+5 MAs + Bollinger Bands) by RRB Multi SMA EMA WMA HMA BB (5+5 Moving Averages of Any Type with Bollinger Bands) by RagingRocketBull 2018 Version 1.0 This indicator shows multiple MAs of any type (SMA EMA WMA HMA etc) with BB on a chart at the same time with/without MTF support depending on the version. There are several versions (published later): Simple, MTF, Pro MTF and Ultimate MTF. This is the Simple version. The Differences are listed below. All versions have BB - Simple: you have 2 groups of MAs that can be assigned any type (5+5) - MTF: +assign 1 custom Timeframe to any group combo (5+5 Custom TF) - Pro MTF: +multiple Timeframes for multiple MA groups (4*3 MTF), horizontal levels and show max bars back options - Ultimate MTF: +individual settings for each MA, multiple Timeframes You can use different types of MAs as dynamic S/R levels to trade of off and MA crosses as signals for possible trend change (golden/death bull/bear crosses). Most common MA types are: SMA, EMA, WMA, HMA. Most common MA lengths are: 12, 20, 26, 30, 50, 100, 200, 400 etc. Features: - 2 groups of custom 5+5 MAs of any type including Hull Moving Average (HMA) - BB 1. based on 3EmaBB, uses plot, fill, stdev and custom hma functions 2. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params Feel free to use. Good Luck!
مؤشرات Pine Script™
من ‎RagingRocketBull‎
12
Ichimoku Cloud Score MTFThis is a simple multi time frame (MTF) conversion of the Ichimoku Cloud Score indicator. All credit goes to the following users for the initial implementations: - User @dashed : - User @sjb933 : This script calculates the Cloud Score based on the sjb933 version; all I've done is convert the script to Pinescript version 3 (to ensure the security function works as intended) and add MTF capability. I'm a big fan of MTF analysis when using indicators (particularly oscillators). Using a higher time frame runs into the issue of the indicator repainting until the relevant higher time frame candle closes (this is inevitable and logical - so don't comment saying it repaints!). However, for lagging indicators such as this one, adding a lower time frame provides potential entry and exit signals into the larger trend, and also provides early warning of large trend shifts before the current time frame will. This can give you more control over your trades, and in my experience helps lagging indicators such as Ichimoku stay relevant in high volatility markets that are vastly different from when the indicators were conceived. Any queries please let me know. Cheers, RJR
مؤشرات Pine Script™
من ‎DreamsDefined‎
1