OPEN-SOURCE SCRIPT
🚀 Traderz h3lp3r - Combined Trend and Reversal
The "Traderz Helper" is a comprehensive trading indicator designed for trading in multi time frame, integrating several powerful analytical tools into one seamless overlay.
This indicator combines H4 EMA trend analysis, Bollinger Bands for reversal detection, and precise candlestick pattern identification to provide traders with a robust tool for identifying potential market movements.
Features:
H4 EMA Trend Lines:
Displays the H4 EMA (Exponential Moving Average) to identify the overall market trend. It uses a 240-minute timeframe to reflect the H4 period across all charts.
The trend line is conditionally displayed based on the selected timeframe, ensuring relevance and clarity in trend analysis.
Bollinger Bands Reversal Signals:
Utilizes Bollinger Bands to spot potential bullish and bearish reversal points. The indicator highlights when the price wicks beyond the bands but closes within, signaling possible price rejections.
Includes both Bullish and Bearish reversal detections, marked with upward ("â–²") and downward ("â–¼") arrows for quick visual cues.
Candlestick Pattern Detection:
Detects critical candlestick formations that indicate tops and bottoms in the market. This feature spots "Hammer" and "Shooting Star" patterns that can signify turning points.
Displays an orange "T" above bullish candles that form potential tops and a "B" below bearish candles indicating possible bottoms, providing traders with immediate visual insights into candlestick behavior.
Utility:
This indicator is tailored for traders who need a multi-faceted approach to technical analysis. Whether you are looking to confirm trend directions, anticipate market reversals, or identify key candlestick patterns, the "Traderz Helper" provides all necessary tools in a single, user-friendly format. Ideal for both novice and experienced traders, this indicator enhances decision-making by integrating essential trading metrics directly on your chart.
Usage Tips:
Monitor the H4 EMA for broader market trends. Use the trend lines to align your trades with the market direction.
Pay close attention to the reversal signals from Bollinger Bands. These can offer valuable entry and exit points.
Use the candlestick pattern detection to refine your trading strategy during key market movements. Look for "T" and "B" signals as confirmation of potential tops and bottoms.
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If this script is useful for you and permit to make great profit, you can make a donation :)
solana : Dot5dRkKXeAwgX7uYwyv2P1yvTN7gNM1GkNHQGaVt3Mu
eth : 0x1ff24cbB85297cFA930B386953aC8094745BE3dc
sui : 0x15c57b6088691ed338b3348fa63a0380126b4abd716fd2b09a4007ae00c58a99
This indicator combines H4 EMA trend analysis, Bollinger Bands for reversal detection, and precise candlestick pattern identification to provide traders with a robust tool for identifying potential market movements.
Features:
H4 EMA Trend Lines:
Displays the H4 EMA (Exponential Moving Average) to identify the overall market trend. It uses a 240-minute timeframe to reflect the H4 period across all charts.
The trend line is conditionally displayed based on the selected timeframe, ensuring relevance and clarity in trend analysis.
Bollinger Bands Reversal Signals:
Utilizes Bollinger Bands to spot potential bullish and bearish reversal points. The indicator highlights when the price wicks beyond the bands but closes within, signaling possible price rejections.
Includes both Bullish and Bearish reversal detections, marked with upward ("â–²") and downward ("â–¼") arrows for quick visual cues.
Candlestick Pattern Detection:
Detects critical candlestick formations that indicate tops and bottoms in the market. This feature spots "Hammer" and "Shooting Star" patterns that can signify turning points.
Displays an orange "T" above bullish candles that form potential tops and a "B" below bearish candles indicating possible bottoms, providing traders with immediate visual insights into candlestick behavior.
Utility:
This indicator is tailored for traders who need a multi-faceted approach to technical analysis. Whether you are looking to confirm trend directions, anticipate market reversals, or identify key candlestick patterns, the "Traderz Helper" provides all necessary tools in a single, user-friendly format. Ideal for both novice and experienced traders, this indicator enhances decision-making by integrating essential trading metrics directly on your chart.
Usage Tips:
Monitor the H4 EMA for broader market trends. Use the trend lines to align your trades with the market direction.
Pay close attention to the reversal signals from Bollinger Bands. These can offer valuable entry and exit points.
Use the candlestick pattern detection to refine your trading strategy during key market movements. Look for "T" and "B" signals as confirmation of potential tops and bottoms.
=================
If this script is useful for you and permit to make great profit, you can make a donation :)
solana : Dot5dRkKXeAwgX7uYwyv2P1yvTN7gNM1GkNHQGaVt3Mu
eth : 0x1ff24cbB85297cFA930B386953aC8094745BE3dc
sui : 0x15c57b6088691ed338b3348fa63a0380126b4abd716fd2b09a4007ae00c58a99
Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
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Penafian
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