OPEN-SOURCE SCRIPT
WP NEO Superman 01
The provided Pine Script code consists of three distinct scripts that implement various technical analysis tools for trading on the TradingView platform. Below is a summary of each script's functionality:
SCRIPT 1: WP NEO Superman
Purpose: Implements a SuperTrend indicator based on Average True Range (ATR).
Key Features:
ATR Calculation: Users can choose between a standard ATR calculation or a simple moving average of the true range.
Trend Detection: Identifies uptrends and downtrends based on the closing price relative to calculated upper and lower bands.
Buy/Sell Signals: Generates buy signals when the trend changes from down to up and sell signals when it changes from up to down.
Visual Elements: Plots the trend lines, buy/sell signals, and optional highlighting of the trend areas.
Alerts: Configurable alerts for buy/sell signals and trend direction changes.
SCRIPT 2: Moving Average Ribbon
Purpose: Creates a customizable moving average ribbon with multiple moving averages.
Key Features:
Multiple Moving Averages: Users can add up to four different moving averages (SMA, EMA, SMMA, WMA, VWMA) with customizable lengths and colors.
Display Options: Each moving average can be toggled on or off for visibility.
User Inputs: Allows users to set the source price, length, and type of moving average for each of the four moving averages.
SCRIPT 3: Smarter SnR (Support and Resistance)
Purpose: Identifies and displays support and resistance levels using pivot points and trendlines.
Key Features:
Pivot Points: Calculates swing high and low pivot points to determine support and resistance levels.
Trendlines: Draws trendlines based on the most recent pivot points and can show price levels.
Alerts: Configurable alerts for breakouts above resistance and below support levels.
Dashboard: Displays a dashboard with support/resistance levels and trendline prices.
Quotes Table: Allows users to display a customizable quotes table on the chart.
Additional Features Across Scripts:
User Inputs: Each script includes various user inputs for customization, allowing traders to tailor the indicators to their preferences.
Visual Representation: All scripts utilize visual elements such as lines, shapes, and labels to enhance the user experience and provide clear signals on the chart.
Alerts: Alerts are integrated into all scripts to notify users of significant events, such as trend changes or price breakouts.
Conclusion
These scripts provide a comprehensive toolkit for traders, combining trend analysis, moving averages, and support/resistance levels to facilitate informed trading decisions. Users can customize the indicators to fit their trading strategies and preferences, making them versatile tools for technical analysis.
"DISCLAIMER ON"
Superman Arived
SCRIPT 1: WP NEO Superman
Purpose: Implements a SuperTrend indicator based on Average True Range (ATR).
Key Features:
ATR Calculation: Users can choose between a standard ATR calculation or a simple moving average of the true range.
Trend Detection: Identifies uptrends and downtrends based on the closing price relative to calculated upper and lower bands.
Buy/Sell Signals: Generates buy signals when the trend changes from down to up and sell signals when it changes from up to down.
Visual Elements: Plots the trend lines, buy/sell signals, and optional highlighting of the trend areas.
Alerts: Configurable alerts for buy/sell signals and trend direction changes.
SCRIPT 2: Moving Average Ribbon
Purpose: Creates a customizable moving average ribbon with multiple moving averages.
Key Features:
Multiple Moving Averages: Users can add up to four different moving averages (SMA, EMA, SMMA, WMA, VWMA) with customizable lengths and colors.
Display Options: Each moving average can be toggled on or off for visibility.
User Inputs: Allows users to set the source price, length, and type of moving average for each of the four moving averages.
SCRIPT 3: Smarter SnR (Support and Resistance)
Purpose: Identifies and displays support and resistance levels using pivot points and trendlines.
Key Features:
Pivot Points: Calculates swing high and low pivot points to determine support and resistance levels.
Trendlines: Draws trendlines based on the most recent pivot points and can show price levels.
Alerts: Configurable alerts for breakouts above resistance and below support levels.
Dashboard: Displays a dashboard with support/resistance levels and trendline prices.
Quotes Table: Allows users to display a customizable quotes table on the chart.
Additional Features Across Scripts:
User Inputs: Each script includes various user inputs for customization, allowing traders to tailor the indicators to their preferences.
Visual Representation: All scripts utilize visual elements such as lines, shapes, and labels to enhance the user experience and provide clear signals on the chart.
Alerts: Alerts are integrated into all scripts to notify users of significant events, such as trend changes or price breakouts.
Conclusion
These scripts provide a comprehensive toolkit for traders, combining trend analysis, moving averages, and support/resistance levels to facilitate informed trading decisions. Users can customize the indicators to fit their trading strategies and preferences, making them versatile tools for technical analysis.
"DISCLAIMER ON"
Superman Arived
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