HitTrades

Bankai (HT4L)

Thank you to ripster47, colinmck, and spdoinkal for their service as the original logic with certain lines comes from them. Thank you to them as their work has greatly helped the trading community and made the creation of Bankai possible.

This indicator is a simplified and more effective version of TD Sequential, EMA Clouds, and QQE signals. The advantage of this indicator over others that provide similar data, is that this indicator is decluttered, only has what you and I may need and works on multiple time frames (15m works best, however find what is best for you). This allows charts to have more clarity and provides ease when trading. Bankai was created to be a single indicator that identifies trend ( ema clouds), reversals (8's & 9's), and possible entries to long or short a position (long/short).

Red features = Bearish
Green features = Bullish

Bankai has many features. It prints 8’s and 9’s (buy/sell) which signals potential reversals. A '9' (or perfect '8') signals a potential reversal. This should be used with candlestick patterns and other TA. Red 8's and 9's are bearish , green 8's and 9's are bullish . There are four pairings of ema clouds (5-13, 8-9, 20-21, & 34-50) which identify trend and reversals. When trading below the 34-50 cloud we are bearish and when trading above the 34-50 cloud we are bullish . The long and short signals are a conversion of the QQE oscillator.

This script is recommended to be used in combination of your own TA, specifically with levels and candle closes.

Enjoy!

Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

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