bestnaf

ARS Pine Script

bestnaf Updated   
This script is a graphis representation of Gunbot`s addon called ARS.
There are 2 main functions in it:
1. Side/noSide detection and Trend Direction - it uses Candled recalculaion and protection() function to get 1H timeframe data
BAND shows the trading direction:
- GREY is Side market and allow to trade both sides
- GREEN is noSide and only LONG
- GED is noSide and only SHORT
it uses MA/EMA to detect Trend side and ATR/SMA(ATR) deviation to detect Side/noSide market

2. Pump Dump detection - uses current time frame data which have to be 1 minute
Indicated Slow (predictive) and Fast (reactive) PND signal + PND Close signals.
It uses Volume/SMA(volume) deviation + ROC + Close/EMA(close) deviation + Price delta change between last candle and current close

Logic of this Pine is:
- Sent Short/Long/Close/Flip signals according to function #1
- Sent PND signals to close/reopen position and PND close to close position when PND is over
Release Notes:
Update the Side/noSide Market to new BBW based algo
Release Notes:
- Fixed the Side/noSide indication on 1 min frame
Release Notes:
Changed the sensibility of PDP to make it less aggressive and exit when market became really calm
Release Notes:
Made PDP process less aggressive
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

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