PROTECTED SOURCE SCRIPT
Nadaraya-Watson Envelope & ATR & CE & EMA - Step 1
📈 Multi-Layered Trend and Reversal Toolkit
🧠 Why These Components Are Combined
This closed-source script integrates four distinct yet complementary logic modules for a complete trend and reversal assessment:
Nadaraya-Watson Envelope: Applies kernel smoothing to model dynamic price envelopes.
ATR-based Zones: Provide adaptive buffer zones for reversal or take-profit planning.
Chandelier Exit (CE): Tracks trend direction changes based on recent price extremes and volatility.
Multi-EMA Channels: Help identify macro trend bias and potential entry zones.
Each module contributes a unique market context layer: trend bias, price expansion, breakout timing, and adaptive risk control.
🔍 Key Modules Overview
📐 1. Nadaraya-Watson Envelope (NWE)
Estimates high/low zones with Gaussian regression.
Supports both repaint and non-repaint modes.
Arrows (▲▼) appear when price crosses envelope boundaries.
📊 2. ATR Stop Zones
Uses smoothed volatility to display dynamic high/low thresholds.
Displays a data table for traders to reference stop zone values.
Smoothing methods selectable via menu.
🎯 3. Chandelier Exit
Highlights trend reversals using a volatility-based trailing mechanism.
Displays Buy/Sell labels when state changes occur.
Filled areas change color depending on regime (bull/bear).
📶 4. EMA Trend Channels
Four adaptive EMAs help filter trend directions.
Serves as a higher-timeframe guide or squeeze detector.
⚙️ Suggested Use Cases
Confirm NWE breakouts with EMA slope alignment.
Combine CE labels with ATR zones for risk-aware entries/exits.
Use alerts for direction change to build semi-automated systems.
✅ Originality Statement
This script is not a superficial mashup. It offers a unified framework integrating statistical, trend, and volatility analysis into a practical, modular tool. Each module can be enabled/disabled independently for strategy adaptation.
⚠️ Disclaimer
For educational and research purposes only. Not financial advice. Use at your own risk.
🧠 Why These Components Are Combined
This closed-source script integrates four distinct yet complementary logic modules for a complete trend and reversal assessment:
Nadaraya-Watson Envelope: Applies kernel smoothing to model dynamic price envelopes.
ATR-based Zones: Provide adaptive buffer zones for reversal or take-profit planning.
Chandelier Exit (CE): Tracks trend direction changes based on recent price extremes and volatility.
Multi-EMA Channels: Help identify macro trend bias and potential entry zones.
Each module contributes a unique market context layer: trend bias, price expansion, breakout timing, and adaptive risk control.
🔍 Key Modules Overview
📐 1. Nadaraya-Watson Envelope (NWE)
Estimates high/low zones with Gaussian regression.
Supports both repaint and non-repaint modes.
Arrows (▲▼) appear when price crosses envelope boundaries.
📊 2. ATR Stop Zones
Uses smoothed volatility to display dynamic high/low thresholds.
Displays a data table for traders to reference stop zone values.
Smoothing methods selectable via menu.
🎯 3. Chandelier Exit
Highlights trend reversals using a volatility-based trailing mechanism.
Displays Buy/Sell labels when state changes occur.
Filled areas change color depending on regime (bull/bear).
📶 4. EMA Trend Channels
Four adaptive EMAs help filter trend directions.
Serves as a higher-timeframe guide or squeeze detector.
⚙️ Suggested Use Cases
Confirm NWE breakouts with EMA slope alignment.
Combine CE labels with ATR zones for risk-aware entries/exits.
Use alerts for direction change to build semi-automated systems.
✅ Originality Statement
This script is not a superficial mashup. It offers a unified framework integrating statistical, trend, and volatility analysis into a practical, modular tool. Each module can be enabled/disabled independently for strategy adaptation.
⚠️ Disclaimer
For educational and research purposes only. Not financial advice. Use at your own risk.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.