PROTECTED SOURCE SCRIPT
Navid-MA
Summary of the Pine Script "Navid-MA":
The "Navid-MA" Pine Script is a custom indicator designed to enhance technical analysis by plotting two moving averages (MA7 and MA20) on a TradingView chart, while also providing real-time insights into the relationship between these moving averages. The indicator includes:
MA7 and MA20 Plotting:
MA7 is plotted in yellow with a thickness of 2.
MA20 is plotted in blue with a thickness of 3.
Delta Calculation:
The script calculates the difference (delta) between MA7 and MA20, rounded to two decimal places.
Threshold-Based Analysis:
Users can define a threshold based on time (in minutes) or bars to analyze recent market trends.
The script identifies the maximum and minimum delta values within this threshold.
Comprehensive Data Table:
A single table displays the current delta, maximum delta, and minimum delta, all in one row.
An additional row in the table indicates the direction of the current delta relative to the maximum delta using upward (↑) and downward (↓) arrows.
Usefulness for Publishing:
This Pine Script is highly useful for traders and analysts who want to:
Visualize Short-Term Trends:
By comparing MA7 and MA20, traders can quickly identify short-term trend shifts and potential entry/exit points.
Monitor Market Momentum:
The delta values provide insights into the momentum of the market, helping traders gauge the strength or weakness of the current trend.
Customizable Analysis:
The script's ability to adjust the threshold based on time or bars allows for flexible analysis, catering to both intraday and swing traders.
Clear and Concise Data Representation:
The table's format, with one row summarizing key metrics, ensures that traders can easily digest critical information without cluttering the chart.
Direction Indicator:
The arrow in the table serves as a quick visual cue, showing whether the current market momentum is increasing or decreasing relative to the recent maximum, aiding in decision-making.
Results:
This script offers a powerful yet straightforward tool for technical analysis. Its user-friendly design and immediate visual feedback make it a valuable addition to any trader's toolkit, particularly for those focused on momentum trading. Publishing this script on TradingView could attract a wide audience of traders looking for an intuitive way to monitor and analyze short-term market trends. The script's flexibility and clear data presentation make it appealing for both novice and experienced traders.
The "Navid-MA" Pine Script is a custom indicator designed to enhance technical analysis by plotting two moving averages (MA7 and MA20) on a TradingView chart, while also providing real-time insights into the relationship between these moving averages. The indicator includes:
MA7 and MA20 Plotting:
MA7 is plotted in yellow with a thickness of 2.
MA20 is plotted in blue with a thickness of 3.
Delta Calculation:
The script calculates the difference (delta) between MA7 and MA20, rounded to two decimal places.
Threshold-Based Analysis:
Users can define a threshold based on time (in minutes) or bars to analyze recent market trends.
The script identifies the maximum and minimum delta values within this threshold.
Comprehensive Data Table:
A single table displays the current delta, maximum delta, and minimum delta, all in one row.
An additional row in the table indicates the direction of the current delta relative to the maximum delta using upward (↑) and downward (↓) arrows.
Usefulness for Publishing:
This Pine Script is highly useful for traders and analysts who want to:
Visualize Short-Term Trends:
By comparing MA7 and MA20, traders can quickly identify short-term trend shifts and potential entry/exit points.
Monitor Market Momentum:
The delta values provide insights into the momentum of the market, helping traders gauge the strength or weakness of the current trend.
Customizable Analysis:
The script's ability to adjust the threshold based on time or bars allows for flexible analysis, catering to both intraday and swing traders.
Clear and Concise Data Representation:
The table's format, with one row summarizing key metrics, ensures that traders can easily digest critical information without cluttering the chart.
Direction Indicator:
The arrow in the table serves as a quick visual cue, showing whether the current market momentum is increasing or decreasing relative to the recent maximum, aiding in decision-making.
Results:
This script offers a powerful yet straightforward tool for technical analysis. Its user-friendly design and immediate visual feedback make it a valuable addition to any trader's toolkit, particularly for those focused on momentum trading. Publishing this script on TradingView could attract a wide audience of traders looking for an intuitive way to monitor and analyze short-term market trends. The script's flexibility and clear data presentation make it appealing for both novice and experienced traders.
Haftungsausschluss
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