The "Cosmic Cycle Trader 🌌" Here's a summarized breakdown of the code:
Inputs Orbital Periods (Moving Averages):
User specifies moving average (MA) periods as a comma-separated string (e.g., "10,20,50,100"). Predefined colors for each MA are used. Fibonacci Sphere Levels:
User specifies Fibonacci retracement levels as a string (e.g., "0.236,0.382,0.618,1.0"). Color customization for Fibonacci levels is included. Gravitational Pull (Signal Thresholds):
Configurable thresholds (buy_pull and sell_pull) to define signal triggers. Alerts can be toggled on or off. Core Features Helper Functions:
parse_floats: Converts a comma-separated string into an array of floating-point numbers. parse_ints: Converts a comma-separated string into an array of integers. Orbital Periods (Moving Averages):
Moving averages are calculated for the given periods using the ta.sma function. Each MA is stored in an array and plotted on the chart with a unique color. Fibonacci Spheres:
Fibonacci levels are calculated based on the high and low of the current bar. These levels are plotted as circles, visually indicating key price zones. Signals:
Buy Signal: Triggered when: The price closes above the highest MA. The price is between specific Fibonacci levels. Sell Signal: Triggered when: The price closes below the lowest MA. The price is below specific Fibonacci levels. Alerts:
Alerts are created for buy and sell signals. Signals are also annotated on the chart with labels and shapes. Visual Elements Plots:
Moving averages are plotted with distinct colors and line widths. Fibonacci spheres are plotted as circles with customizable transparency. Shapes:
Triangles indicate buy (green) and sell (red) signals on the chart. Labels:
Buy signals display a "🌕 Buy" label. Sell signals display a "🌑 Sell" label. Purpose This indicator helps traders identify potential buy and sell zones based on: Moving average trends (orbital periods). Key Fibonacci retracement levels. Configurable thresholds (gravitational pull). This combination of technical analysis tools makes it a visually appealing and functional indicator for traders.
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
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