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BUY and SELL 20/200 MA + MACD Strategy + ATR

This indicator is a BUY and SELL strategy based on a combination of Moving Averages (MA), MACD, and Candlestick patterns. The key features include:

Moving Averages: The strategy allows users to choose between Simple Moving Averages (SMA) or Exponential Moving Averages (EMA) with customizable periods (20, 50, 100, and 200). These MAs help identify the overall market trend.

Buy Signal: A buy signal is triggered when:

Two consecutive green candles close above the 200-period MA, and
The 20-period MA is below the 200-period MA, or
The MACD shows a bullish crossover below the zero line.
Sell Signal: A sell signal is triggered when:

Two consecutive red candles close below the 200-period MA, and
The 20-period MA is above the 200-period MA, or
The MACD shows a bearish crossover above the zero line.
Customizable Alerts:

Alerts for Buy and Sell signals.
A general "Any" alert for both Buy or Sell signals.
ATR-based Stop Loss and Take Profit:

The stop loss and take profit levels can be set using the Average True Range (ATR) with adjustable multipliers.
Users can choose to enable or disable this feature.
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his script is a buy and sell strategy for TradingView that combines Moving Averages (MA), MACD, and ATR-based stop loss and take profit. It allows users to choose between SMA or EMA for MAs, enables or disables candlestick and MACD-based signals, and calculates dynamic stop loss and take profit levels using ATR. The script plots buy and sell signals with customizable shapes and colors, along with stop loss and take profit levels using step lines or dots. Alerts are available for buy, sell, and any signal, offering flexibility for traders to manage trades based on their preferred criteria.
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Key Features:

Choosing between SMA or EMA for Moving Averages:

The user can select whether to use Simple Moving Averages (SMA) or Exponential Moving Averages (EMA) for the 20, 50, 100, and 200 periods.

Enable/Disable Buy/Sell signals based on different conditions:

The Candlestick Buy/Sell Signals can be enabled or disabled using enable_candlestick_signals.
The MACD-based Buy/Sell signals are controlled by enable_macd_signals.
The 50 MA-based Buy/Sell signals are controlled by enable_50ma_signals, and the logic for these signals is excluded when disabled.

Enable/Disable 100 MA Buy/Sell Signals:

The enable_100ma input allows the user to enable or disable the 100 MA Buy/Sell signals. This is disabled by default, but users can activate it.

ATR-Based Stop Loss and Take Profit:

The ATR (Average True Range) is used to calculate dynamic stop loss and take profit levels, with adjustable multipliers for both.
The option to plot stop loss and take profit levels using either "dots" or "lines" is also included.

Moving Average and Signal Plotting:

The 20 MA, 50 MA, 100 MA, and 200 MA are plotted with specific colors. The 100 MA is only plotted if enable_100ma is enabled.

Buy and Sell signals are plotted with labels above and below the bars.

Alerts:

Alerts are set for the Buy, Sell, and Any signal (for both Buy and Sell).
These alerts are based on the conditions for the candlestick patterns, MACD, and other signals.
เอกสารเผยแพร่
Key Features:

Choosing between SMA or EMA for Moving Averages:

The user can select whether to use Simple Moving Averages (SMA) or Exponential Moving Averages (EMA) for the 20, 50, 100, and 200 periods.

Enable/Disable Buy/Sell signals based on different conditions:

The Candlestick Buy/Sell Signals can be enabled or disabled using enable_candlestick_signals.
The MACD-based Buy/Sell signals are controlled by enable_macd_signals.
The 50 MA-based Buy/Sell signals are controlled by enable_50ma_signals, and the logic for these signals is excluded when disabled.

Enable/Disable 100 MA Buy/Sell Signals:

The enable_100ma input allows the user to enable or disable the 100 MA Buy/Sell signals. This is disabled by default, but users can activate it.

ATR-Based Stop Loss and Take Profit:

The ATR (Average True Range) is used to calculate dynamic stop loss and take profit levels, with adjustable multipliers for both.
The option to plot stop loss and take profit levels using either "dots" or "lines" is also included.

Moving Average and Signal Plotting:

The 20 MA, 50 MA, 100 MA, and 200 MA are plotted with specific colors. The 100 MA is only plotted if enable_100ma is enabled.
Buy and Sell signals are plotted with labels above and below the bars.

Alerts:

Alerts are set for the Buy, Sell, and Any signal (for both Buy and Sell).
These alerts are based on the conditions for the candlestick patterns, MACD, and other signals.
เอกสารเผยแพร่
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