TheSandyBanana
TheSandyBanana is a comprehensive trading indicator designed for various asset classes. It combines multiple technical analysis tools to provide buy and sell signals, aiding traders in making informed decisions. This script is suitable for traders who prefer a combination of trend-following and momentum strategies.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
333-Period EMA: Features a long-term 3333-period EMA, plotted on the chart for trend analysis and potential dynamic support or resistance levels.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
333-Period EMA: Features a long-term 3333-period EMA, plotted on the chart for trend analysis and potential dynamic support or resistance levels.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
เอกสารเผยแพร่:
TheSandyBanana is a comprehensive trading indicator designed for various asset classes. It combines multiple technical analysis tools to provide buy and sell signals, aiding traders in making informed decisions. This script is suitable for traders who prefer a combination of trend-following and momentum strategies.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
Features:
RSI-Based Signals: Utilizes a modified Relative Strength Index (RSI) with an extended period of 200 bars for smoothing, providing a less reactive but more stable momentum indicator.
RSI EMA: Applies an Exponential Moving Average (EMA) with a 100-bar period to the RSI, further smoothing the RSI and aiding in the identification of longer-term momentum trends.
ATR for Volatility Analysis: Employs the Average True Range (ATR) over a 100-bar period, adjusted with a multiplier of 1. This is used to gauge market volatility and filter signals based on market dynamics.
Peak and Trough Detection: Detects peaks and troughs in the RSI EMA using refined logic and a lookback period of 33 bars, helping in pinpointing potential reversal points.
Dynamic Buy and Sell Signals: Generates buy signals when a trough is identified, and the RSI is below 50, indicating potential upward momentum. Sell signals are generated at peaks when the RSI is above 50, suggesting possible downward momentum.
Alert Conditions: Includes conditions for buy and sell alerts, making it easier for traders to be notified of potential trading opportunities.
Usage:
This indicator is best suited for traders looking for a blend of trend and momentum analysis. The extended periods used in RSI and EMA calculations make this indicator more suitable for medium to long-term trading strategies. Traders should consider combining this indicator with other forms of analysis (like fundamental analysis or additional technical indicators) for comprehensive trading strategies.
Disclaimer:
Trading involves risk. This script is provided for informational purposes only and should not be considered as financial advice. Traders should always conduct their own due diligence and use the script in a simulated environment before applying it to live trading.
เอกสารเผยแพร่:
New and improved
เอกสารเผยแพร่:
Added backtesting
เอกสารเผยแพร่:
no buys under ema
เอกสารเผยแพร่:
Added checkbox for ema filter
เอกสารเผยแพร่:
Added RSI hard sell
เอกสารเผยแพร่:
Updated default settings
เอกสารเผยแพร่:
fix
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
Added reason plotting
เอกสารเผยแพร่:
updated colors
เอกสารเผยแพร่:
Added buy if % rise after sell
เอกสารเผยแพร่:
small update
เอกสารเผยแพร่:
fixed small rsi filter bug
เอกสารเผยแพร่:
bug fix
เอกสารเผยแพร่:
improved peak and valley detection
เอกสารเผยแพร่:
clean up code
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
cleaned up code
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
updated sma filter
เอกสารเผยแพร่:
updated defualts
เอกสารเผยแพร่:
updated defaults
เอกสารเผยแพร่:
working on valley detection
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
improved sma filter
เอกสารเผยแพร่:
updated filter
เอกสารเผยแพร่:
revert
เอกสารเผยแพร่:
updated order and colors
เอกสารเผยแพร่:
add percent gain to chart indicator
เอกสารเผยแพร่:
updated buy trigger
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
cleaned up code
เอกสารเผยแพร่:
updated defaults
เอกสารเผยแพร่:
cleaned up code
เอกสารเผยแพร่:
updated backtesting
เอกสารเผยแพร่:
added compound gain reporting
เอกสารเผยแพร่:
cleaned up code
เอกสารเผยแพร่:
moved table to bottom
เอกสารเผยแพร่:
allow decimals for rsi rise and decrease settings
เอกสารเผยแพร่:
Updated reporting for days instead of trades
เอกสารเผยแพร่:
fixed bug
เอกสารเผยแพร่:
bug fix
เอกสารเผยแพร่:
fixed bug
เอกสารเผยแพร่:
added in trading fees a multiplied everything all inputs by 10 to make them easier to manipulate decimals
เอกสารเผยแพร่:
small update
เอกสารเผยแพร่:
update
เอกสารเผยแพร่:
small update
เอกสารเผยแพร่:
small update
เอกสารเผยแพร่:
small update
เอกสารเผยแพร่:
small update to hard sell
เอกสารเผยแพร่:
Added Hard Sell cross type
เอกสารเผยแพร่:
Added different threshholds for uptrends and downtrends