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ViPlay Signal Indicator Pro

ViPlay Signal Indicator Pro is an advanced trading tool designed to enhance the accuracy of technical analysis and support decision-making in trading. It combines unique algorithms, such as MRO (Modified Range Oscillator) and an enhanced version of Williams %R, with classic tools like support/resistance levels, moving averages, and RSI. This approach makes the indicator versatile and effective for analyzing any asset, including stocks, forex, cryptocurrencies, and commodities.

How It Works:
1. Generating Trading Signals

The indicator utilizes two primary algorithms to identify potential price reversal points:
  • MRO (Modified Range Oscillator):
  • MRO1: Identifies short-term reversal points by analyzing price volatility.
  • MRO2: Focuses on long-term trends, filtering out minor fluctuations for more reliable signals.
  • Williams %R: Confirms potential reversal points by identifying overbought and oversold conditions, reducing false signals.

Visual Signals:
  • A green upward arrow (“Buy”) indicates a potential buying opportunity.
  • A red downward arrow (“Sell”) indicates a potential selling opportunity.

2. Take-Profit Level Calculation

After generating a signal, the indicator automatically calculates Take-Profit levels based on a user-defined percentage of the entry price (7% by default). These levels are displayed as lines and labels on the chart for easy tracking.

3. Support and Resistance Levels

The indicator automatically identifies key support and resistance zones based on the selected timeframe, helping traders:
  • Pinpoint optimal entry/exit points.
  • Identify areas where price might encounter resistance or find support.
4. Moving Averages and Trend Analysis

The indicator includes short-term and long-term moving averages (MAs) that cross to signal potential trend changes:
  • Golden Cross: Short-term MA crosses the long-term MA from below, indicating a potential uptrend.
  • Death Cross: Short-term MA crosses the long-term MA from above, signaling a potential downtrend.

5. Relative Strength Index (RSI)

The integrated RSI evaluates market conditions to confirm signal relevance. It identifies overbought, oversold, or neutral states, ensuring that signals align with current market dynamics.

6. Interactive Signal Table

An interactive table displayed on your chart shows:
  • Signal Strength (%): The calculated strength of the current signal.
  • RSI Value: The current RSI value for market dynamics evaluation.
  • Market State: Real-time display of whether the market is overbought, oversold, or neutral based on RSI thresholds.
  • How to Use ViPlay Signa

l Indicator Pro:
1. Add the Indicator to Your Chart

Select any timeframe suitable for your trading strategy. The indicator supports all timeframes.

2. Configure Settings:
  • Adjust signal frequency.
  • Set the Take-Profit percentage.
  • Modify moving average periods.

3. Analyze Signals

Use Buy and Sell signals in combination with support/resistance levels to identify optimal trading opportunities.

4. Evaluate Market Conditions:
  • Confirm trends using moving average crossovers.
  • Validate signals with RSI to ensure alignment with market conditions.

5. Practice Risk Management

The indicator provides highly accurate signals, but it is an analytical tool. Use it alongside your own analysis and effective risk management practices.

Why Choose ViPlay Signal Indicator Pro?
1. Innovative Solutions

The indicator utilizes unique modifications of classic algorithms like MRO and Williams %R, enhancing signal accuracy and analytical outcomes.

2. Versatility

It is suitable for analyzing various assets and easily adapts to any strategy, making it an ideal tool for traders of all experience levels.

3. Ease of Use

Its intuitive and clear interface allows for quick interpretation of signals, simplifying decision-making processes.

4. Multifunctionality

By combining several powerful analytical tools—from support/resistance levels to RSI and moving averages—it offers a comprehensive overview of market conditions.

Important
ViPlay Signal Indicator Pro is for analytical purposes only. The results generated by the indicator depend on market conditions and your trading strategy. This indicator does not guarantee profits. Always apply effective risk management practices.

Why Is This Indicator Worth Your Attention?
While many indicators rely on standard elements like moving averages and RSI, ViPlay Signal Indicator Pro combines them with proprietary algorithms like MRO and Williams %R, creating a more reliable and versatile tool for traders. It adapts to various trading strategies and offers comprehensive analysis, which can improve decision-making processes.
multitimeframePivot PointsPivot points and levels

Skript nur auf Einladung

Der Zugriff auf dieses Skript ist auf vom Autor autorisierte User beschränkt und normalerweise kostenpflichtig. Sie können es zu Ihren Favoriten hinzufügen, aber Sie können es nur verwenden, nachdem Sie die Erlaubnis angefordert und vom Autor erhalten haben. Kontaktieren Sie ViPlay01 für weitere Informationen oder folgen Sie den Anweisungen des Autors unten.

TradingView empfiehlt nicht, ein Script zu kaufen, wenn Sie den Autor nicht zu 100 % als vertrauenswürdig halten, oder nicht verstehen, wie das Script funktioniert. In vielen Fällen können Sie auch eine gute und kostenlose Open-Source-Alternative in unseren Community-Scripts entdecken.

Hinweise des Autors

If you have any questions please contact us through the following channels: Twitter: @Viplay01 Telegram: @viplay1

Möchten Sie dieses Skript auf einem Chart verwenden?

Warnung: Bitte lesen Sie dies, bevor Sie Zugriff anfordern.

If you have any questions please contact us through the following channels:

Twitter: @Viplay01
Telegram: @viplay1
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