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[AIO] Magic Bands

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One of my favorite indicators is the trend-band. It changes color based on the trend, and you can use it as a factor for better analysis.
The default period value is 34, and you can choose to show or hide the sub-band (the gray one).

How do I use it? I use the trend-band to identify and trade retracements, and the sub-band for potential profit-taking points. I usually use it with multi-timeframe analysis to find a good entry.
Nota Keluaran
Alert added.
From now you can set an alert each time the price touches the bands.
Nota Keluaran
VERSION CHANGES //version=5 → //version=6

NEW ALERT SETTINGS
  • enableBreakAlert - Alert when price breaks Band Level 3 (trend reversal detection)
  • enableTouchAlert - Alert when price touches buy/sell zones with pullback
  • pullbackCooldown - Configurable cooldown in bars (1-100) to prevent alert spam after each pullback alert

ALERT MESSAGE
  • Break Up: "🚀Break Band Level 3 UP - Trend Reversal to Long!"
  • Break Down: "🚀Break Band Level 3 DOWN - Trend Reversal to Short!"
  • Touch Buy: "📈Pullback Touch - Buy Zone!"
  • Touch Sell: "📉Pullback Touch - Sell Zone!"

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.