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QQE Trailing Line for Trailing Stop | jhUsing parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly. Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator. As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the trend direction changes. There's 2 QQE option, they behave differently during the trend change. Credits to Glaz and Shizaru for their QQE code.
Penunjuk Pine Script™
oleh jiehonglim
3
Dot indicator - Daily candle opened above the daily EMA baseline //@version=3 //Written by David Carruthers //Objective //This is to support scanning the market to check if the daily candle opened above the daily EMA baseline for a selected pair //This can be done in some measure by using trading view's screening tools //However it would be useful, if someone references a pair, to instantly see if that pair opened above the daily baseline regardless of what resolution you are in //This script, works out a green dot if the pairs daily candle opened above the daily EMA baseline, and a red dot if it didn't //It then displays a green or red dot on the open for the last candle you are looking at regardless of resolution //This saves jumping back and forth between the daily resolution and current resolution Note please excuse my Pine scripting I am new to it :-)
Penunjuk Pine Script™
oleh Meandmymonkey2
2