PerdoKPerdoK Indicator: An advanced tool designed for precise market analysis, combining the PerdoK Indicator: An advanced tool designed for precise market analysis, combining the Relative Strength Index (RSI), moving averages, and divergence detection. This indicator delivers multi-timeframe analysis for traders seeking a deeper understanding of market conditions.
Key Features:
RSI with Custom Lengths: Calculate the RSI with customizable lengths for primary and additional RSI lines, offering flexibility to match various trading strategies.
Divergence Detection: Automatically detects regular bullish and bearish divergences, highlighting potential market reversals.
Multiple Timeframe Analysis: Displays RSI values and trend signals for 1-minute, 5-minute, 15-minute, 1-hour, 4-hour, and daily timeframes in a single table for easy comparison.
Trend Signals with Color-Coded Alerts: Identifies bullish, bearish, weak bullish, and weak bearish trends based on price and RSI relationships. Each trend is visually represented with distinct colors for clarity.
Customizable Moving Averages: Choose between Simple Moving Average (SMA) or Exponential Moving Average (EMA) to track the RSI trend, with adjustable lengths for flexibility.
Interactive Table Display: The table dynamically updates the RSI values and trend signals across selected timeframes. Easily customizable table colors and position settings for a personalized display.
Visual Divergence Plotting: Bullish and bearish divergence signals are plotted on the chart, giving traders an at-a-glance view of potential trend reversals.
Real-Time Data: Get instant updates with real-time market data, ensuring you stay on top of every market move.
Support for All Market Conditions: Whether the market is trending or in a consolidation phase, this tool adapts to various market environments to provide accurate signals.
Whether you're trading short-term or long-term, the PerdoK Indicator enhances your strategy by providing real-time insights across multiple timeframes, combining RSI analysis with powerful divergence detection. Perfect for traders who demand accuracy and flexibility in their technical analysis.
If you find this indicator valuable and would like to support its continued development, feel free to donate any amount to the address: 0xf39a0544ced968e2e03d6383b31e6b063701e185 (BEP20). Your contribution, no matter the size, is greatly appreciated!
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Stocastic Weekly 4.0 by ScancieitorIndicador Stocastico Semanal con señales de compra e indicación mediante porcentaje acumulado de subida desde la ultima compra.
Incluye alarmas en los puntos de compra y en los cambios de tendencia en zonas de venta
Recomendable usar el grafico principal en periodo diario mientras que el indicador esta configurado para trabajar automaticamente en semanal
* Señal buy (azul) cuando se produce el cambio en zona de sobreventa
* Señal strong buy (negra) cuando se produce una vela roja con el stocastico indicando señal de compra en zona de sobreventa
Xmoon – 3 Push Divergence RSI Indicator – Premium – V2Introducing the Xmoon – 3 Push Divergence RSI Indicator – Premium – V2
The Xmoon – 3 Push Divergence RSI Indicator is designed based on a logical and precise strategy to help you identify suitable entry and exit points by combining divergences and market reversal patterns. With this tool, you can effectively spot trading opportunities in all market conditions, including uptrends, downtrends, and even sideways markets.
Divergence: A Powerful Signal for Market Reversal
Divergence is one of the most important signals of market reversal, widely used by professional traders. This indicator accurately identifies 3 Push Divergence patterns for you and highlights these patterns by plotting lines between their pivots. Moreover, as soon as the pattern is detected, the indicator draws lines for stepwise entries, stepwise exits, and capital management.
Stepwise Entry: Flexibility in Trade Management
When a 3 Push Divergence pattern forms, there is a high likelihood that the market will react to it. However, since the exact reversal point cannot be predicted, stepwise entry allows you to better align with market fluctuations and adapt flexibly to market changes.
In each step, you can increase your entry capital incrementally by one unit, enabling you to manage risk and capital more effectively.
Exit Management: Choosing Between Risk-Free and Target
After every entry, the indicator plots two lines for you:
1. Target Line: When you see the market moving in line with your analysis and want to take advantage of the profits.
2. Risk-Free Line: If you find the market conditions unfavorable, you can exit your position at break-even (considering spread, commissions, etc.).
Why Use This Indicator?
• Multiple Signal Detection: Due to price movements and the frequent occurrence of 3 Push Divergence patterns in the market, you can benefit from the multiple signals generated by this indicator across various timeframes.
• Professional Capital Management: This tool allows you to manage the risk and profit of your trades in the best possible way with stepwise entries and multiple exit settings.
• Effective in All Market Conditions: You can take advantage of trading opportunities in all market conditions, whether trending or sideways.
• Alignment with Real Market Momentum: You can utilize optimized distances between entry and exit levels designed based on real market momentum.
How to Use This Indicator?
1. Detecting the 3 Push Divergence Pattern: When the indicator detects a 3 Push Divergence pattern, it plots entry levels for each step, allowing you to start and set your trade with the specified capital.
2. Managing Stepwise Trades: Upon detecting the pattern, you can open your first trade at Step 1. If the market does not move in line with your initial analysis and reaches the entry levels for subsequent steps, you can increase your position size accordingly.
3. Exit Management: At each entry step, you can decide based on market conditions whether to focus on the target level or exit the trade at the risk-free level. (To display the risk-free and target lines, simply go to the indicator settings window and enable the relevant options.)
Conclusion
The Xmoon – 3 Push Divergence RSI indicator is a powerful tool for identifying and capitalizing on market reversal opportunities. By combining stepwise entry, professional exit management, and the robust logic of divergence, you can make better decisions and optimize the risk of your trades.
RSI - r.a.trader4 different resistance levels that can be easily adapted, such as 20, 40, 60 and 80.
TSSI - Trend Strength & Sentiment Indicator (Free) | VENPECKTSSI: Trend Sentiment and Strength Indicator (Free Version)
The TSSI (Trend Sentiment and Strength Indicator) – Free Version – is a powerful tool designed to visualize the strength of market trends and detect potential momentum shifts. While this version provides essential trend strength and sentiment analysis, certain advanced features and customization options are limited.
Key Features (Free Version)
Strength Identification: Visual highlights of increasing bullish and bearish strength to simplify trend analysis.
Trend Sentiment: Background color highlights the overall trend direction (bullish or bearish).
Momentum Analysis: The oscillator and its signal line provide signals of potential trend changes. Divergence between the oscillator and price can indicate a loss or gain in momentum, potentially signaling a reversal.
How to Use (Free Version)
Trend Strength: Observe the background color and the oscillator’s position to confirm the current market sentiment.
Divergences: Compare the oscillator’s movements with price action to spot weakening trends or potential reversals.
For increased accuracy and full access to additional customization options, including the ability to apply the indicator to different timeframes, consider upgrading to the paid version available at this link: whop.com . The paid version grants access to the exclusive Battle Map indicator, providing even more advanced tools for your trading strategy. Not convinced? Try it for 7x days free!
The TSSI (Free Version) provides key insights into trend dynamics, helping you avoid choppy market conditions and analyze trends effectively with simplified settings.
Ichimoku Cloud + ADX + VWAP / Owl of ProfitIchimoku + ADX + VWAP Strategy
This strategy combines the Ichimoku Cloud, Average Directional Index (ADX), and Volume Weighted Average Price (VWAP) indicators to identify trend direction, momentum strength, and price positioning for optimal trade entries and exits.
Features:
Ichimoku Cloud:
Conversion Line (Tenkan-Sen): 9-period midpoint of the highest high and lowest low.
Base Line (Kijun-Sen): 26-period midpoint of the highest high and lowest low.
Leading Span A: Average of the Conversion and Base Lines, displaced 26 periods forward.
Leading Span B: 52-period midpoint of the highest high and lowest low, displaced 26 periods forward.
Cloud Fill (Kumo): Visualizes bullish (green) or bearish (red) trends.
ADX (Average Directional Index):
14-period ADX indicates the strength of a trend.
Signals are valid when ADX is above the 25 threshold.
VWAP (Volume Weighted Average Price):
Used as a dynamic support/resistance level to confirm price positioning.
Entry and Exit Logic:
Buy Condition:
Price is above both Leading Span A and B.
ADX is greater than 25, indicating a strong trend.
Price is above the VWAP.
Sell Condition:
Price is below both Leading Span A and B.
ADX is greater than 25.
Price is below the VWAP.
Trade Execution:
Executes a long position on a valid buy signal.
Closes the position when the sell condition is met.
Visualization:
Ichimoku Cloud is plotted with a dynamic fill to display bullish and bearish trends.
ADX is plotted with a horizontal threshold line at 25.
VWAP is displayed as a thick blue line for price confirmation.
Buy and Sell signals are marked on the chart with green and red labels, respectively.
This strategy integrates trend, momentum, and price positioning for high-confidence trades. Use it for backtesting and customization to suit your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
HMA + RSI / Owl of ProfitHMA + RSI Strategy
This strategy combines the Hull Moving Average (HMA) and the Relative Strength Index (RSI) to identify potential trade opportunities based on trend direction and momentum.
Features:
HMA Calculation:
Length: 50 (default).
HMA is plotted as a blue line on the price chart to indicate trend direction.
RSI Calculation:
Length: 14 (default).
Overbought Level: 70.
Oversold Level: 30.
RSI is plotted in purple with horizontal lines for overbought and oversold levels.
Entry and Exit Logic:
Long Condition:
Triggered when the price is above HMA, and RSI crosses above the oversold level (30).
Short Condition:
Triggered when the price is below HMA, and RSI crosses below the overbought level (70).
Exit Logic:
Long positions exit when RSI crosses below the overbought level or when the price drops below HMA.
Short positions exit when RSI crosses above the oversold level or when the price rises above HMA.
Customization Options:
Adjust HMA and RSI lengths, as well as RSI levels for overbought and oversold conditions, to suit different market conditions.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
FVG Oscillator (OmegaTools) / Owl of Profit remakeFVG Oscillator (OmegaTools)
Big thanks to OmegaTools for providing this strategy and making it available under the Mozilla Public License 2.0! This Pine Script™ code is subject to the terms of the license at mozilla.org
This strategy leverages Fair Value Gaps (FVG) to detect potential bullish and bearish trading opportunities, combining price gaps and volume analysis for precision.
Features:
FVG Detection:
Bullish FVG (BFVG): Identifies price gaps with upward momentum.
Bearish FVG (SFVG): Identifies price gaps with downward momentum.
Additional Conditions:
Requires confirmation via volume or significant gap size.
Dynamic Count:
Tracks bullish and bearish FVG counts over a customizable 50-bar lookback period.
Normalized Gap Values:
Displays weighted bullish and bearish FVG patterns for better visualization.
Entry and Exit Logic:
Buy Signal: Triggered when a bullish FVG meets verification criteria (volume or significant gap).
Sell Signal: Triggered when a bearish FVG meets verification criteria.
Automatic position management ensures existing positions are closed before entering new ones.
Visualization:
Plots bullish and bearish FVG counts and highlights areas above and below zero.
Displays normalized gap widths as histograms for both long and short patterns.
This strategy provides a robust framework for detecting and trading fair value gaps, making it ideal for traders seeking a gap-based methodology. Use it for backtesting or customize it further for your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
Fibonacci Retracement + Pivot Points + RSI / Owl of ProfitFibonacci Retracement + Pivot Points + RSI Strategy
This strategy combines Fibonacci Retracement, Pivot Points, and the Relative Strength Index (RSI) to identify key support/resistance levels, overbought/oversold conditions, and potential trade opportunities.
Features:
Fibonacci Retracement Levels:
Key levels (38.2%, 50%, 61.8%) are plotted to identify potential support and resistance zones.
Helps traders determine possible reversal or bounce points.
Pivot Points:
Automatically detects swing highs and lows on the chart.
Assists in locating key levels for entry or exit.
Relative Strength Index (RSI):
Identifies overbought (above 70) and oversold (below 30) conditions.
Provides additional confirmation for trades.
Entry and Exit Conditions:
Buy Signal: Triggered when the price bounces from a Fibonacci retracement level and RSI is below 30 (oversold).
Sell Signal: Triggered when the price rejects a Fibonacci retracement level and RSI is above 70 (overbought).
Customization Options:
Adjust Fibonacci levels, pivot point sensitivity, and RSI thresholds to suit different markets and trading styles.
Visualization:
Fibonacci retracement levels and pivot points are displayed directly on the chart.
RSI is plotted in a separate panel, with overbought/oversold levels clearly marked.
This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
EMA 9 a 21 + Stochastic RSI / Owl of ProfitEMA 9/21 + Stoch RSI Strategy
This strategy combines Exponential Moving Averages (EMA) with Stochastic RSI to identify high-probability trading opportunities by analyzing both trend direction and overbought/oversold conditions.
Features:
Exponential Moving Averages (EMA):
Tracks short-term (9-period) and mid-term (21-period) trends.
Crossover signals are used to determine bullish and bearish trends.
Stochastic RSI:
Identifies overbought and oversold market conditions.
Adds a layer of confirmation to EMA crossovers, improving signal quality.
Entry and Exit Conditions:
Long Entry: Triggered when EMA 9 crosses above EMA 21 (bullish crossover) and Stochastic RSI is below the oversold threshold (default: 20).
Short Entry: Triggered when EMA 9 crosses below EMA 21 (bearish crossover) and Stochastic RSI is above the overbought threshold (default: 80).
Positions are closed when the opposite signal occurs.
Customization Options:
Adjust EMA and Stochastic RSI lengths to suit your trading preferences.
Modify overbought and oversold levels for different market conditions.
Visualization:
Plots EMA 9 and EMA 21 directly on the price chart for trend analysis.
Displays Stochastic RSI in a separate panel for clear visualization of overbought/oversold zones.
This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
EMA12 + EMA26 + MACD + RSI / Owl of ProfitEMA 12 + EMA 26 + MACD + RSI Strategy
This strategy combines Exponential Moving Averages (EMA), MACD, and RSI to identify high-probability trading opportunities. It uses trend, momentum, and overbought/oversold conditions to refine entry and exit points.
Features:
Exponential Moving Averages (EMA):
Tracks short-term (12-period) and long-term (26-period) trends for crossover signals.
MACD Indicator:
Confirms trend strength and momentum using the MACD line and Signal line crossover.
Includes a histogram for visualizing bullish or bearish momentum.
RSI (Relative Strength Index):
Identifies overbought and oversold conditions to avoid entering trades in extreme zones.
Entry Conditions:
Long Entry: Triggered when EMA12 crosses above EMA26, MACD crosses above the Signal line, and RSI is below 70.
Sell Exit: Triggered when EMA12 crosses below EMA26, MACD crosses below the Signal line, and RSI is above 30.
Customization Options:
Modify lengths for EMA, MACD, and RSI to suit your trading preferences.
Visualization:
Plots EMA12 and EMA26 on the price chart for trend identification.
Displays MACD histogram and RSI in separate panels for momentum and strength analysis.
Entry and exit signals are clearly marked on the chart.
This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
EMA 12 + EMA 26 + MACD / Owl of ProfitEMA 12 + EMA 26 + MACD Strategy
This strategy combines Exponential Moving Averages (EMA) with the MACD indicator to identify bullish and bearish market trends. It includes dynamic stop-loss and take-profit levels for risk management.
Features:
Exponential Moving Averages (EMA):
Tracks short-term and long-term trends using 12-period and 26-period EMAs.
Provides clear crossover signals for trend direction.
MACD Indicator:
Analyzes momentum and confirms entry signals using the MACD line and Signal line crossover.
Includes a histogram for visualizing bullish and bearish momentum.
Entry Conditions:
Long Entry: Triggered when the short EMA crosses above the long EMA and MACD is above the Signal line.
Short Entry: Triggered when the short EMA crosses below the long EMA and MACD is below the Signal line.
Exit Conditions:
Dynamic Stop-Loss and Take-Profit levels based on user-defined percentages.
Positions are also closed when the EMA or MACD signals reverse.
Customization Options:
Adjust EMA lengths for sensitivity to trends.
Modify MACD settings (fast, slow, and signal periods).
Set Stop-Loss and Take-Profit percentages for risk and reward management.
Visualization:
Plots short and long EMAs directly on the chart for easy trend identification.
Includes MACD and Signal line with a histogram in a separate panel for momentum analysis.
Entry and exit signals are clearly marked on the chart.
This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
D Vortex / Owl of ProfitVortex Strategy with Signals
This strategy uses the Vortex Indicator (VI) to identify bullish and bearish trend reversals. It visualizes clear buy and sell signals based on the crossover of VI+ and VI- lines.
Features:
Vortex Indicator Calculation:
Calculates VI+ and VI- using smoothed values of directional movement and true range.
Identifies directional trends based on the relationship between VI+ and VI-.
Entry Conditions:
Long: Triggered when VI+ crosses above VI- (bullish crossover).
Short: Triggered when VI+ crosses below VI- (bearish crossover).
Visualization:
Plots VI+ (green) and VI- (red) for trend analysis.
Buy and sell signals are marked with clear labels on the chart (green for "BUY" and red for "SELL").
Customization Options:
Adjust the Vortex period for sensitivity to market trends.
This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
CCI / Owl of ProfitCCI Strategy Example
This strategy uses the Commodity Channel Index (CCI) to identify potential long and short trading opportunities. It features customizable smoothing options and optional Bollinger Bands for added precision.
Features:
CCI Calculation:
CCI is calculated using the source (default: HLC3) with customizable period length.
Plots CCI values along with key levels (+100, -100, and 0) to identify overbought/oversold conditions.
Smoothing Options:
Includes various moving average types: SMA, EMA, SMMA (RMA), WMA, and VWMA.
Optionally applies Bollinger Bands to the smoothed CCI values for dynamic overbought/oversold levels.
Entry Conditions:
Long: Triggered when CCI crosses above -100.
Short: Triggered when CCI crosses above +100.
Customization Options:
Adjust CCI length and source (e.g., close, hlc3).
Select MA type and length for smoothing.
Enable Bollinger Bands with customizable standard deviation multiplier.
Visualization:
Clear CCI plot with shaded background for oversold and overbought zones.
Optional smoothed CCI with Bollinger Bands for advanced analysis.
This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading needs.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
Chande Momentum Oscillator + BB / Owl of ProfitChande Momentum Oscillator + Bollinger Bands Strategy
This strategy combines the Chande Momentum Oscillator (CMO) with Bollinger Bands to identify overbought and oversold conditions and generate entry and exit signals based on price action and momentum.
Features:
Bollinger Bands:
Visualize volatility and identify price breakouts using customizable period and standard deviation.
Signals are triggered when the price crosses above or below the Bollinger Bands.
Chande Momentum Oscillator (CMO):
Detects momentum with a customizable length.
Confirms overbought or oversold conditions with upper and lower thresholds.
Entry Conditions:
Long: Price crosses below the lower Bollinger Band, and CMO is below the oversold level.
Short: Price crosses above the upper Bollinger Band, and CMO is above the overbought level.
Exit Conditions:
Long Exit: Price crosses above the Bollinger Basis or CMO enters overbought.
Short Exit: Price crosses below the Bollinger Basis or CMO enters oversold.
Customization Options:
Adjust Bollinger Bands length and standard deviation for sensitivity.
Modify CMO length and thresholds to refine momentum detection.
Visualization:
Bollinger Bands are shaded for clear identification of overbought and oversold zones.
CMO and its thresholds are plotted for easy reference.
This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading approach.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
Combo Alert Script V5It is the multiple alarm adding version of "Kenan's Deluxe Combo Indicator Alert Script" that I published 5 years ago. I created this script 4 years ago but I am publishing it for the first time.
With this script, we can add 6 long and 6 short alarms to the same script.
Indicators and oscillators included in this strategy are:
1. Ema 9/21/50
2. Macd
3. Macd Dema
4. Ichimoku
5. Dmi
6. Stochastic
7. Aroon
8. Bollinger Band
9. Rsi
10. Chande Momentum Oscillator
11. Exponential Ease of Movement ( Eom )
12. Klinger Oscillator
13. Stochastic RSI
14. Ultimate Oscillator
15. Woodies CCI
16. Rate Of Change Lenght( Roc ) oscillator
17. WaveTrend Oscillator . It was created by @fskrypt.
18. Ehlers Adaptive CG Indicator . It was created by LazyBear
19. Insync Index. It was created by LazyBear
Note: This Alarm section of this script was prepared with the support of the tradingview team. Normally, you need to add 4800 alarms to add 4800 alarms, but with the advice of the tradingview team, we added the alarms to the code and thus saved on alarms. In this way, we were able to add 4800 alarms as 400 alarms. Endless thanks to the tradingview team, who think about users instead of commercial profits :)
Combo Buying The Dip Alert Script Mix V5The classic buy-from-the-dip script I use is the one that allows you to add multiple alerts.
The content of the strategy will be updated in the future by adding more oscillators.
Bearish FlipThis is the same as the bullish flip but opposite. Signal works best for mornings after 10:45amEST, 9:45amCST. If you buy a put it should expire on the day or the closest Friday and should not be held for more than a day. Same with the calls on the bullish flip.
Bullish FlipThis is my own script specifically for the 5 min chart. Finding in the AM when to flip from bearish to bullish and buy calls.
EAG MACD + RSI StrategyTal vez existan scripts similares a este.
Este script se basa el indicador MACD y elimina posibles entradas falsas con RSI para determinar si realiza una entrada al mercado.
Explicación del código:
1. Inputs personalizables:
• rsi_length: Longitud del RSI (por defecto, 14).
• rsi_overbought: Nivel de sobrecompra del RSI (por defecto, 70).
• rsi_oversold: Nivel de sobreventa del RSI (por defecto, 30).
2. Cálculo de indicadores:
• RSI: Se calcula utilizando ta.rsi con el período definido por el usuario.
• MACD: Se calcula utilizando ta.macd con parámetros estándar (12, 26, 9). Sin embargo corregí el código para que se puedan cambiar sus valores de acuerdo a la necesidad del usuario.
3. Condiciones de compra y venta:
• Compra (buy_condition): Ocurre cuando el MACD cruza al alza (macd_crossup) y el RSI está en sobreventa (<= rsi_oversold).
• Venta (sell_condition): Ocurre cuando el MACD cruza a la baja (macd_crossdown) y el RSI está en sobrecompra (>= rsi_overbought).
4. Órdenes de estrategia:
• Se ejecuta una orden long (compra) si se cumple la condición de compra.
• Se ejecuta una orden short (venta) si se cumple la condición de venta.
6. Visualización:
• Se marcan en el gráfico las señales de compra y venta con flechas (plotshape).
7. Existe una variable para stop loss que por defecto se encuentra en 3%. Si el mercado se va en dirección contraria y sobrepasa el porcentaje específico, con strategy.close ejecuta una orden de mercado en la dirección en la que va. (Cierra la orden actual en el porcentaje de perdida especificado y abre una nueva en la dirección que va)
1. Stop Loss dinámico del 3% por defecto:
• El usuario puede configurar el porcentaje de pérdida máxima permitida con el input stop_loss_percent (por defecto 3%).
• Calculamos el nivel de stop loss:
• Para posiciones largas: entry_price * (1 - stop_loss_percent / 100)
• Para posiciones cortas: entry_price * (1 + stop_loss_percent / 100).
• Si el precio actual supera esos niveles de pérdida, se ejecuta un strategy.close.
2. Registro del precio de entrada:
• Usamos una variable global entry_price para almacenar el precio al momento de abrir una posición.
3. Cierre automático de posiciones:
• Se verifica constantemente si el precio actual alcanza el nivel de stop loss y se cierra la posición abriendo una nueva con un comentario (Stop loss).Si no desea abrir una posición nueva para aprovechar el movimiento contrario, sino, cerrarla, puede cambiar el stop loss strategy.close por strategy.exit en el script.
MultiTime Stochastics ProMultiTime Stochastics Pro
This indicator is an enhanced version of the stochastic indicator, featuring two separate stochastics. This functionality allows you to adjust the settings and time frame for each stochastic individually, enabling a more precise analysis of market fluctuations.
The Double Stochastic indicator enables you to simultaneously analyze the market in different time frames with two separate stochastics. One of the standout features of this indicator is that when the chart's time frame changes, each stochastic is displayed according to the time set for it and does not change in other time frames. This feature provides greater flexibility and accuracy in market analysis.
How the Indicator Works
This indicator calculates two separate stochastics:
The first stochastic (K1 and D1) with its own specific time frame and settings.
The second stochastic (K2 and D2) with a different time frame and settings.
These two stochastics are displayed simultaneously on one chart, and overbought and oversold lines are also included.
How to Use
Parameter Adjustment : Adjust the parameters K1 Length, D1 Smoothing, and K1 Time Frame as desired. Do the same for the second stochastic.
Signal Analysis : Analyze buy and sell signals based on the stochastic values and the overbought and oversold lines.
Advantages
Greater Precision : With two separate stochastics, you can follow market fluctuations with greater accuracy.
Flexibility : The ability to individually set the time frame and parameters for each stochastic makes this indicator highly flexible.
Stronger Signals : The simultaneous display of two stochastics allows you to receive stronger buy and sell signals.
Multi-time frame Analysis : The ability to analyze the market in different time frames simultaneously.
This indicator is suitable for traders seeking more precise and flexible market analysis tools. I hope these explanations help you publish your indicator in the best possible way!
