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This indicator uses a combination of DMI, ADX and ATR% to give quick easy visual representation of trend strength, trend direction and price action volatility.
This helps to quickly visually identify market environment for trade execution using quantifiable data.
Direction
Red LED = Bearish Market conditions
Green LED = Bullish Market conditions
Trend (Strength)
Red = 0-20 on the ADX (Ranging)
Green = 20-30 on the ADX (Emerging)
Green = 30-50 on the ADX (Momentum)
Volatility
Uses ATR% on a dynamic scale from top to bottom is low to high intensity. Colour will transition from green to red as the bar moves higher.
Trade Execution
Integration of a custom Murray math values to build entry, stop loss protection and take profit zones.
This is still a working progress to fine tune default settings but can be used for market environment identification for any sort of discretionary trading
This helps to quickly visually identify market environment for trade execution using quantifiable data.
Direction
Red LED = Bearish Market conditions
Green LED = Bullish Market conditions
Trend (Strength)
Red = 0-20 on the ADX (Ranging)
Green = 20-30 on the ADX (Emerging)
Green = 30-50 on the ADX (Momentum)
Volatility
Uses ATR% on a dynamic scale from top to bottom is low to high intensity. Colour will transition from green to red as the bar moves higher.
Trade Execution
Integration of a custom Murray math values to build entry, stop loss protection and take profit zones.
This is still a working progress to fine tune default settings but can be used for market environment identification for any sort of discretionary trading
Nota Keluaran
This indicator uses a combination of DMI, ADX and ATR% to give quick easy visual representation of trend strength, trend direction and price action volatility.This helps to quickly visually identify market environment for trade execution using quantifiable data.
Direction
Red LED = Bearish Market conditions
Green LED = Bullish Market conditions
Trend (Strength)
Red = 0-20 on the ADX (Ranging)
Green = 20-30 on the ADX (Emerging)
Green = 30-50 on the ADX (Momentum)
Volatility
Uses ATR% on a dynamic scale from top to bottom is low to high intensity. Colour will transition from green to red as the bar moves higher.
Trade Execution
Integration of a custom Murray math values to build entry, stop loss protection and take profit zones.
This is still a working progress to fine tune default settings but can be used for market environment identification for any sort of discretionary trading
Nota Keluaran
UpdatedSkrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.