TradingView
jordanfung
Apr 29, 2021 2:19 PM

Mesa Advanced Triggers 

Ethereum / TetherUSBinance

Description

This indicator is based on the indicator 'MESA Phase [SHK]' by shayankm (so shoutouts to him for the open source code)

MESA Phase [SHK]: tradingview.com/script/h1b0RoGp-MESA-Phase-SHK/
sayankm: tradingview.com/u/shayankm/

In this advanced version of the indicator, green/red dots will be printed on the pivot points & alerts can be triggered on these. There is also a zone (which you can adjust) that dot's will not be printed in, you want to adjust this to try and avoid dots being printed during sideways movement.

Release Notes

Fixed dot high/low colours
Comments
jninvestments
@jordanfung Thanks for creating a very helpful script. I'm running into the same problem as @Psycomantis - the alerts get triggered 3 candles after the green or red dot appears which makes it very difficult to use this indicator. Is there a chance you could fix this? I'd be happy to live test this on multiple coins and report back what the results are.
LixxChartz
What is the signal indicator for the dots, or how are the printed
Psycomantis
Hi There, great indicator! Quick question, is it possible that the pivot zone can move with the graph? Let me explain, say for example you enter a trade, and the trade suddenly spikes (or falls), how can we make sure we miss sideways movement at the new high, or low? This would be particularly useful as I created alerts to trigger bots, I also noticed the alert gets triggered two minutes after the red or green dot appears, is it possible to change this to fire straight away?

Cheers,
pattt128
@Psycomantis, i think you c'ant fire it straight, the signal is on the write time because its use pivot and the dot are offset by -2 position
pattt128
@pattt128, i think we could improve it by smoothing the curve and reduce the pivot detection by 1 on the right
UnknownUnicorn16251912
What trading principle is this indicator based on?
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