Volume MAs Supertrend | Lyro RS

โจ Key Features:
- ๐ Volume-Weighted Moving Averages (VWMA): Integrates price and volume data to provide a more accurate moving average, allowing for better trend analysis.
- ๐ง Multiple MA Types: Choose from SMA, EMA, WMA, VWMA, DEMA, TEMA, RMA, HMA, ALMA to suit your preferred trading strategy.
- ๐ Dual-Multiplier Supertrend System: Uses ATR to dynamically calculate upper and lower bands for long and short trends, with distinct multipliers for each.
- ๐จ Customizable Color Schemes: Choose from Classic, Mystic, Accented, and Royal color palettes or customize your own colors for bullish and bearish trends.
- ๐ Visual Enhancements: Color-coded Supertrend lines, candlesticks, and bars for quick trend identification.
- โฐ Alert System: Alerts for long and short signals based on trend changes.
๐ง How It Works:
- The Supertrend line is calculated using ATR over a user-defined period, with separate multipliers for long and short positions.
- ๐ A bullish trend is signaled when the price crosses above the upper band, and a bearish trend is signaled when the price crosses below the lower band.
- ๐จ The Supertrend line changes color to reflect trend direction, with candlesticks and bars matching the trend's color for visual clarity.
โ๏ธ Customization Options:
- ๐ ๏ธ Moving Average Settings: Select your preferred moving average type (SMA, EMA, VWMA, etc.) and adjust the length for smoother or more responsive trend signals.
- ๐ Supertrend Parameters: Define the ATR period and adjust multipliers to fine-tune sensitivity for long and short signals.
- ๐จ Color Configuration: Choose from predefined color palettes or create your own custom scheme for trend signals.
๐ Use Cases:
- โ
Confirm market trends before entering trades.
- ๐ช Identify potential entry/exit points as trend directions shift.
- ๐ Visually analyze market conditions with color-coded candlesticks and bars.
โ ๏ธ Disclaimer:
This indicator should not be used as a standalone tool for making trading decisions. Always combine with other forms of analysis and risk management practices.
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Penafian
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda โ ketahui lebih lanjut di sini.