OPEN-SOURCE SCRIPT
CLuceSalutem
Short Description: This Pine Script combines the Gaussian Moving Average, Stochastic Oscillator, and VWAP to create a versatile trading indicator. It integrates ATR-based trailing stops and Fibonacci levels to enhance decision-making for both trend and momentum traders.
Detailed Description: The Gaussian Stochastic VWAP Strategy is designed for traders seeking a comprehensive tool that identifies trends, momentum shifts, and key price levels. The script features:
Gaussian Moving Average (GMA): Smooths price data for reliable trend detection.
Stochastic Oscillator (%K and %D): Highlights momentum shifts and overbought/oversold conditions.
VWAP with Bands: Tracks volume-weighted price averages with dynamic standard deviation bands for support and resistance.
ATR-Based Trailing Stops: Provides adaptive stop-loss levels for long and short trades.
Fibonacci Levels: Automatically plots key retracement levels for price targets and reversals.
Signal Alerts: Generates buy/sell signals based on stochastic crossovers and Gaussian trend alignment.
This indicator is versatile and works on various timeframes, making it suitable for scalpers, swing traders, and position traders.
Categories
Trend Analysis
The Gaussian Moving Average helps identify the direction of the market trend.
Momentum
Stochastic Oscillator highlights shifts in market momentum, assisting in entry and exit timing.
Support & Resistance
VWAP bands and Fibonacci levels provide clear areas of interest for price action.
Detailed Description: The Gaussian Stochastic VWAP Strategy is designed for traders seeking a comprehensive tool that identifies trends, momentum shifts, and key price levels. The script features:
Gaussian Moving Average (GMA): Smooths price data for reliable trend detection.
Stochastic Oscillator (%K and %D): Highlights momentum shifts and overbought/oversold conditions.
VWAP with Bands: Tracks volume-weighted price averages with dynamic standard deviation bands for support and resistance.
ATR-Based Trailing Stops: Provides adaptive stop-loss levels for long and short trades.
Fibonacci Levels: Automatically plots key retracement levels for price targets and reversals.
Signal Alerts: Generates buy/sell signals based on stochastic crossovers and Gaussian trend alignment.
This indicator is versatile and works on various timeframes, making it suitable for scalpers, swing traders, and position traders.
Categories
Trend Analysis
The Gaussian Moving Average helps identify the direction of the market trend.
Momentum
Stochastic Oscillator highlights shifts in market momentum, assisting in entry and exit timing.
Support & Resistance
VWAP bands and Fibonacci levels provide clear areas of interest for price action.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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