OPEN-SOURCE SCRIPT

Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn

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Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn

Originality by PaRn
First Combination of Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn
"Buy Sell Signal" is base on Volatility Stop 20, Multiplier 2.5
"Trend Signal" is based on EMA crossover between EMA12(Close) and EMA26(Close)
Take Profit Line is EMA15(Default)
Wavy line Base on EMA34(high,close,low)
Tunnel line Base on EMA144(close),EMA169(close)

Green Candle Bar = "Uptrend"
Red Candle Bar = "Downtrend"
Buy when "Buy" Signal present
Follow Trend till the end of the trend : "Sell" Signal present
Buy More (Optional) = Green Arrow present on Uptrend

How to use Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn

- Wavy Tunnel + Trend Signal can be used in any timeline from 5 Minutes to Weeks
- Price above both Wavy & Tunnel = "Uptrend"
- Green Candle Bar = Uptrend
- Buy when "Buy" Signal present
- Buy More (Optional) = Green Arrow present on Uptrend
- Hold your possition and Follow Trend till the end of the trend : "Sell" Signal present, It's time to sell all position

NOT RECOMMEND TO USE ON SIDEWAY MARKET
Versionshinweise
Minor Update
Trend Signal added Ribbon, EMA12,26
Versionshinweise
Minor Update
Versionshinweise
Added Bar Color Option

1. Gradient
Green = Bullish Market
Red = Bearish Market
Light Blue = Rally (Bullish Turning Point)
Blue = Strong Rally
Yellow = Dip
Orange = Strong Dip (Buy on Dip)

2. Green - Red
Green = Bullish Trend
Red = Bearish Trend
Versionshinweise
Swap Alert Condition
Versionshinweise
Minor Alert Update
Versionshinweise
Adjust Default Value
Versionshinweise
Minor Update - Repaint Issue
Versionshinweise
add alert for Buy/Sell more signals
Average True Range (ATR)Trend AnalysisVolatility Stop

Open-source Skript

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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