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Marksman Pro v1.1

--Marksman Pro V1.1--
This premium indicator has been designed to give multiple and consecutive buy or sell signals to help identify when you can scale in or out of a position. It is different from a traditional "BUY SELL" trend indicator as it allows the trader to receive more regular and frequent signals to build or decrease a position size without waiting for an "all-in" signal.
This indicator compares the last candle close price to the recent historical price action and provides a buy or sell signal if certain retracement or extension criteria is met.
The signal is calculated using retracements and extensions that are close to key levels of support/resistance and key fibonacci level breaches.
As the indicator uses the previous candle close to produce a signal, there is no repainting.
--Moving Average Controls--
The user must input:
1. A long term moving average, EMA or MA (i.e 200MA) that helps to identify/separate a longer term bullish or bearish trend
(This Moving average is plotted)
2. A shorter term Moving average, EMA or MA (i.e 13EMA) that captures the majority of parabolic moves up and down.
(This Moving average is also plotted)
• A price that closes above both of these Moving Averages is defined as closing in the Bullish region
• A price that close between these moving averages is defined as closing in the Ranging/Mid region
• A price the closes below these Moving averages is defined as closing in the Bearish region
--Signal Controls--
Users can then also control how difficult it is to produce a buy or sell signal in each of these 3 regions listed above, using the 6 inputs:
1. Bullish Sell Difficulty: (1-2000)
2. Mid Range Sell Difficulty (1-2000)
3. Bearish Sell Difficulty (1-2000)
1. Bullish Buy Difficulty (1-2000)
2. Mid Range Buy Difficulty (1-2000)
3. Bearish Buy Difficulty (1-2000)
Once you have refined the settings to show more sells at the tops and more buys on the dips, you can review the signal history to see what possible position sizes you can be using for each buy or sell signal in each moving average region.
This premium indicator has been designed to give multiple and consecutive buy or sell signals to help identify when you can scale in or out of a position. It is different from a traditional "BUY SELL" trend indicator as it allows the trader to receive more regular and frequent signals to build or decrease a position size without waiting for an "all-in" signal.
This indicator compares the last candle close price to the recent historical price action and provides a buy or sell signal if certain retracement or extension criteria is met.
The signal is calculated using retracements and extensions that are close to key levels of support/resistance and key fibonacci level breaches.
As the indicator uses the previous candle close to produce a signal, there is no repainting.
--Moving Average Controls--
The user must input:
1. A long term moving average, EMA or MA (i.e 200MA) that helps to identify/separate a longer term bullish or bearish trend
(This Moving average is plotted)
2. A shorter term Moving average, EMA or MA (i.e 13EMA) that captures the majority of parabolic moves up and down.
(This Moving average is also plotted)
• A price that closes above both of these Moving Averages is defined as closing in the Bullish region
• A price that close between these moving averages is defined as closing in the Ranging/Mid region
• A price the closes below these Moving averages is defined as closing in the Bearish region
--Signal Controls--
Users can then also control how difficult it is to produce a buy or sell signal in each of these 3 regions listed above, using the 6 inputs:
1. Bullish Sell Difficulty: (1-2000)
2. Mid Range Sell Difficulty (1-2000)
3. Bearish Sell Difficulty (1-2000)
1. Bullish Buy Difficulty (1-2000)
2. Mid Range Buy Difficulty (1-2000)
3. Bearish Buy Difficulty (1-2000)
Once you have refined the settings to show more sells at the tops and more buys on the dips, you can review the signal history to see what possible position sizes you can be using for each buy or sell signal in each moving average region.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情,请按照以下作者的说明操作,或直接联系Marksman_Pro。
除非您完全信任其作者并了解脚本的工作原理,否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
提醒:在请求访问权限之前,请阅读仅限邀请脚本指南。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情,请按照以下作者的说明操作,或直接联系Marksman_Pro。
除非您完全信任其作者并了解脚本的工作原理,否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
提醒:在请求访问权限之前,请阅读仅限邀请脚本指南。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。