UnknownUnicorn16514332

datsana V.1

datsana ;
script uses analysis of :
- directional price movements ,
- strength / weakness of market,
- volatility

based on these indicators :
- DMI
- RSI & RSI div.
- Bollinger Bands
- Ehlers fisher transform
- DM

in order to find possible bullish / bearish reversals .

this script also uses a ‘deceleration’ system to filter reversal signals :
when a market is considered as too much volatile , then this ´deceleration system’ filters out all signals . ( you can turn off deceleration in the script settings )
you can also manage the ´deceleration density’ : the lower the deceleration density is , the more the filter be strict ( it will filter out more signals )


this indicators prints :
- RSI div. based support / resistance levels .
- bollinger bands
- ema199 / ema299 difference cloud
- liquidity gaps candles pattern ( ‘tkps’)
- possible reversal signals ( small arrows )
- filtered possible reversal signals ( triangles + ‘T’ or ‘B’ letters )


this script works better on low timeframes ( I recommend 15m to 1h TFs )
Release Notes:
changed colours
+ added an option to enable / disable tkps filter
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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