INVITE-ONLY SCRIPT
The Magic Buy and Sell Signals Indicator
Buy and Sell Signals
This script provides buy and sell signals based on a dynamically adjusted volatility filter, using a smoothed range calculated through exponential moving averages (EMA). The indicator is designed to identify trend shifts based on the direction and strength of price movement.
Key Features:
Dynamic Filter:
The volatility filter adapts to market dynamics, minimizing noise and capturing significant price moves.
It uses a configurable sampling period and a multiplier to adjust sensitivity.
Buy and Sell Signals:
Generates signals when the price crosses the filter and confirms a trend shift.
The logic differentiates between trend reversals and continuations.
Ready-to-Use Alerts:
Configurable alerts to ensure traders never miss critical opportunities.
Customization:
Indicator parameters can be adjusted to fit different assets and timeframes.
How It Works:
The dynamic filter smooths price variations based on recent volatility.
Buy signals are generated when the price crosses above the filter and confirms an uptrend.
Sell signals occur similarly during downtrends.
Applications:
Identification of entry and exit points in volatile markets.
Suitable for trend-following or reversal-based strategies.
Usage Instructions:
Add the script to your chart.
Adjust the parameters to match your asset and timeframe.
Activate alerts to receive automatic buy/sell notifications.
This script provides buy and sell signals based on a dynamically adjusted volatility filter, using a smoothed range calculated through exponential moving averages (EMA). The indicator is designed to identify trend shifts based on the direction and strength of price movement.
Key Features:
Dynamic Filter:
The volatility filter adapts to market dynamics, minimizing noise and capturing significant price moves.
It uses a configurable sampling period and a multiplier to adjust sensitivity.
Buy and Sell Signals:
Generates signals when the price crosses the filter and confirms a trend shift.
The logic differentiates between trend reversals and continuations.
Ready-to-Use Alerts:
Configurable alerts to ensure traders never miss critical opportunities.
Customization:
Indicator parameters can be adjusted to fit different assets and timeframes.
How It Works:
The dynamic filter smooths price variations based on recent volatility.
Buy signals are generated when the price crosses above the filter and confirms an uptrend.
Sell signals occur similarly during downtrends.
Applications:
Identification of entry and exit points in volatile markets.
Suitable for trend-following or reversal-based strategies.
Usage Instructions:
Add the script to your chart.
Adjust the parameters to match your asset and timeframe.
Activate alerts to receive automatic buy/sell notifications.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Norrax for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″Request access to the script via private message or via the link https://t.me/tradersforlifeX. Thank you.
Want to use this script on a chart?
Warning: please read before requesting access.
As a developer, my goal is to contribute to the community by creating solutions that promote collective growth. I believe in collaboration and knowledge sharing for continuous learning and innovation.
Disclaimer
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.