OPEN-SOURCE SCRIPT
已更新 True Barcolor

Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.
Conditions used:
Conditions used:
- Relative closing price
- Relative volume against previous bar and overall moving average of volume
- Volume analysis
- Trend analysis
版本注释
Updated to version 5版本注释
Trailing stoploss is added in the script to highlight when to minimize the risk and Improve R:R ratio版本注释
Limited number of Trailing stoploss lines display period.版本注释
Trend reversal must be confirmed by closing above or below trailing Stoploss版本注释
Tutorial for the script added along with the the scenario like supertrend版本注释
*potential entry points added
*reversal signals are added for profit booking
版本注释
Few updates on stoplosses !!版本注释
Trailing SL updated开源脚本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
开源脚本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.