blackcat1402

Ever wondered if there's a magic formula that can help you navigate the choppy waters of the financial market? Well, look no further than the L1 Dynamic Multi-Layer Bollinger Bands! This powerful tool is like a trading wizard's secret weapon, designed to keep you one step ahead of the game.## What Are Special Points of These Bollinger Bands?These Bollinger Bands are a technical analysis tool that was invented by John Bollinger. They're a volatility indicator, meaning they can help you understand the market's volatility and predict future price movements. However, Here, the bands are composed of a middle band being a simple moving average (SMA) of the close price, and an upper and lower band that are respectively 1.382 and 2.56 times the standard deviation of the close price over a 21-day period.## The L1 Dynamic Multi-Layer Bollinger BandsNow, meet the L1 Dynamic Multi-Layer Bollinger Bands. This isn't your average Bollinger Bands. No, this is a high-tech, state-of-the-art version that's been upgraded with a touch of L1 magic!### Dynamic Layer:The "L1" in L1 Dynamic Multi-Layer Bollinger Bands stands for "Level 1" which means this indicator is free to use and open sourced. This indicator may provides the foundation for your trading strategy. It's the 21-day SMA of the close price, acting as the central nervous system of the trading operation.### Multi-Layer Structure:But that's not all! The L1 Dynamic Multi-Layer Bollinger Bands also calculates two additional bands, `up2` and `loow2`, which are respectively 2.56 times the standard deviation above and below the middle band. These additional layers give us a layered perspective on the volatility of the price, providing a more comprehensive view of market dynamics.### Color Coding:And let's not forget the color coding! The area between the upper and lower bands is filled with a color that indicates the direction of the price movement. Green, as in "Go Green!" is our signal for an upward trend, while red, as in "Red Alert!", is our signal for a downward trend. It's like our eyes, guiding us through the trading maze.## How to Use L1 Dynamic Multi-Layer Bollinger Bands1. **Add the Indicator to Your Chart**: Click on the "Add to Chart" button in the Pine-Script editor. This is like planting the L1 Dynamic Multi-Layer Bollinger Bands in your trading chart.2. **Interpreting the Bands**: The middle band is the 21-day SMA of the close price. The upper band is 1.382 times the standard deviation above the middle band, and the lower band is 1.382 times the standard deviation below the middle band. These bands are like the safety zones in a wild animal's territory. When the price moves outside these bands, it's like a wild animal crossing the territory.3. **Multi-Layer Structure**: The script also calculates two additional bands, `up2` and `loow2`, which are respectively 2.56 times the standard deviation above and below the middle band. These bands are like the wild animals' offspring, providing a more layered perspective on the volatility of the price.4. **Color Coding**: The area between the upper and lower bands is filled with a color that indicates the direction of the price movement. Green is like the "Go Green!" signal for an upward trend, while red is like the "Red Alert!" signal for a downward trend. It's like our eyes guiding us through the trading maze.## The Power of L1 Dynamic Multi-Layer Bollinger BandsThe L1 Dynamic Multi-Layer Bollinger Bands is like a supercharged trading machine. It can help you identify potential support and resistance levels, and it can also provide insights into the market's volatility. It's like having a trading wizard on your side, always one step ahead.But remember, like any tool, it's not a silver bullet. It's just a tool to help you make more informed decisions. It's up to you to use it wisely and make the most out of it.So, why wait? Go ahead, add the L1 Dynamic Multi-Layer Bollinger Bands to your chart, and start trading like a boss! After all, the L1 Dynamic Multi-Layer Bollinger Bands are here to help you navigate the choppy waters of the financial market with style and panache. Happy trading!*Please note that this article is for educational purposes only and should not be used as the sole basis for any trading decisions. Trading involves risk, and it is possible to lose money when trading stocks and other financial instruments. Use this information at your own risk.*

This idea is from Million Eric on X. I am his follower and try to convert his idea into a Pine Script with my understanding of technical indicators. The Zero-Lag EMA Band is a sophisticated technical analysis tool designed to provide traders with a comprehensive view of market trends. This innovative indicator merges the Zero-Lag EMA, a derivative of the traditional Exponential Moving Average, with Bollinger Bands to create a unique trend indicator that is less laggy and more responsive to market changes.The Zero-Lag EMA Band is calculated by taking the standard deviation of the price data and adding or subtracting it from the Zero-Lag EMA to create an upper band and a lower band. This process results in a trend band that can help traders identify potential support and resistance levels, providing them with a more accurate assessment of the market's behavior.The Zero-Lag EMA Band is particularly useful for traders who need to react quickly to market changes. It offers a more timely assessment of potential trend reversals, allowing traders to capitalize on market opportunities and mitigate risk.The indicator's design is based on the principle of Zero-Lag, which aims to reduce the lag associated with traditional EMAs. This feature makes the Zero-Lag EMA Band a powerful tool for traders who want to stay ahead of the market and make more informed decisions.In summary, the Zero-Lag EMA Band is a comprehensive and responsive tool for traders looking to identify and capitalize on market trends. It is a valuable addition to any trader's toolkit, offering a more accurate and timely assessment of potential trend reversals and providing a more comprehensive view of the market's behavior.Certainly! Let's go through the Pine Script code line by line to understand its functionality:Pine Script®//@version=5This line specifies the version of Pine Script being used. In this case, it's version 5.Pine Script®indicator('[blackcat] L1 Zero-Lag EMA Band', shorttitle='L1 ZLEMA Band', overlay=true)This line defines the indicator with a title and a short title. The `overlay=true` parameter means that the indicator will be plotted on top of the price data.Pine Script®length = input.int(21, minval=1, title='Length')This line creates an input field for the user to specify the length of the EMA. The default value is 21, and the minimum value is 1.Pine Script®mult = input(1, title='Multiplier')This line creates an input field for the user to specify the multiplier for the standard deviation, which is used to calculate the bands around the EMA. The default value is 1.Pine Script®src = input.source(close, title="Source")This line creates an input field for the user to specify the data source for the EMA calculation. The default value is the closing price of the asset.Pine Script®// Define the smoothing factor (alpha) for the EMA alpha = 2 / (length + 1)This line calculates the smoothing factor alpha for the EMA. It's a common formula for EMA calculation.Pine Script®// Initialize a variable to store the previous EMA value var float prevEMA = naThis line initializes a variable to store the previous EMA value. It's initialized as `na` (not a number), which means it's not yet initialized.Pine Script®// Calculate the zero-lag EMA emaValue = na(prevEMA) ? ta.sma(src, length) : (src - prevEMA) * alpha + prevEMAThis line calculates the zero-lag EMA. If `prevEMA` is not a number (which means it's the first calculation), it uses the simple moving average (SMA) as the initial EMA. Otherwise, it uses the standard EMA formula.Pine Script®// Update the previous EMA value prevEMA := emaValueThis line updates the `prevEMA` variable with the newly calculated EMA value. The `:=` operator is used to update the variable in Pine Script.Pine Script®// Calculate the upper and lower bands dev = mult * ta.stdev(src, length) upperBand = emaValue + dev lowerBand = emaValue - devThese lines calculate the upper and lower bands around the EMA. The bands are calculated by adding and subtracting the product of the multiplier and the standard deviation of the source data over the specified length.Pine Script®// Plot the bands p0 = plot(emaValue, color=color.new(color.yellow, 0)) p1 = plot(upperBand, color=color.new(color.yellow, 0)) p2 = plot(lowerBand, color=color.new(color.yellow, 0)) fill(p1, p2, color=color.new(color.fuchsia, 80))These lines plot the EMA value, upper band, and lower band on the chart. The `fill` function is used to color the area between the upper and lower bands. The `color.new` function is used to create a new color with a specified alpha value (transparency).In summary, this script creates an indicator that displays the zero-lag EMA and its bands on a trading chart. The user can specify the length of the EMA and the multiplier for the standard deviation. The bands are used to identify potential support and resistance levels for the asset's price.In the context of the provided Pine Script code, `prevEMA` is a variable used to store the previous value of the Exponential Moving Average (EMA). The EMA is a type of moving average that places a greater weight on the most recent data points. Unlike a simple moving average (SMA), which is an equal-weighted average, the EMA gives more weight to the most recent data points, which can help to smooth out short-term price fluctuations and highlight the long-term trend.The `prevEMA` variable is used to calculate the current EMA value. When the script runs for the first time, `prevEMA` will be `na` (not a number), indicating that there is no previous EMA value to use in the calculation. In such cases, the script falls back to using the simple moving average (SMA) as the initial EMA value.Here's a breakdown of the role of `prevEMA`:1. **Initialization**: On the first bar, `prevEMA` is `na`, so the script uses the SMA of the close price over the specified period as the initial EMA value.2. **Calculation**: On subsequent bars, `prevEMA` holds the value of the EMA from the previous bar. This value is used in the EMA calculation to give more weight to the most recent data points.3. **Update**: After calculating the current EMA value, `prevEMA` is updated with the new EMA value so it can be used in the next bar's calculation.The purpose of `prevEMA` is to maintain the state of the EMA across different bars, ensuring that the EMA calculation is not reset to the SMA on each new bar. This is crucial for the EMA to function properly and to avoid the "lag" that can sometimes be associated with moving averages, especially when the length of the moving average is short.In the provided script, `prevEMA` is used to simulate a zero-lag EMA, but as mentioned earlier, there is no such thing as a zero-lag EMA in the traditional sense. The EMA already has a very minimal lag due to its recursive nature, and any attempt to reduce the lag further would likely not be accurate or reliable for trading purposes.Please note that the script provided is a conceptual example and may not be suitable for actual trading without further testing and validation.

Script IntroductionThe [blackcat] L3 Ultimate Market Sentinel (UMS) is a technical indicator specifically designed to capture market turning points. This indicator incorporates the principles of the Stochastic Oscillator and provides a clear view of market dynamics through four key boundary lines — the Alert Line, Start Line, Safe Line, and Divider Line. The UMS indicator not only focuses on the absolute movement of prices but also visually displays subtle changes in market sentiment through color changes (green for rise, red for fall), helping traders quickly identify potential buy and sell opportunities.In the above image, you can see how the UMS indicator labels different market conditions on the chart. Green candlestick charts indicate price increases, while red candlestick charts indicate price decreases. The Alert Line (Alert Line) is typically set at a higher level to warn of potential overheating in the market; the Start Line (Start Line) is in the middle, marking the beginning of market momentum; the Safe Line (Safe Line) is at a lower level, indicating a potential oversold state in the market; the Divider Line (Divider Line) helps traders identify whether the market is in an overbought or oversold area.Script Usage1. **Identifying Turning Points**: Traders should pay close attention to the Alert Line and Safe Line in the UMS indicator. When the indicator approaches or touches the Alert Line, it may signal an imminent market reversal; when the indicator touches the Safe Line, it may indicate that the market is oversold and there is a chance for a rebound.2. **Color Changes**: By observing the color changes in the histogram, traders can quickly judge market trends. The transition from green to red may indicate a weakening of upward momentum, while the shift from red to green could suggest a slowdown in downward momentum.3. **Trading Strategy**: The UMS indicator is suitable for a variety of trading timeframes, ranging from 1 minute to 1 hour. Short-term traders can use the UMS indicator to capture rapid market fluctuations, while medium-term traders can combine it with other analytical tools to confirm the sustainability of trends.Advantages and Limitations of the Indicator**Advantages**:- Intuitive color coding that is easy to understand and use.- Multiple boundary lines provide comprehensive market analysis.- Suitable for a variety of trading timeframes, offering high flexibility.**Limitations**:- As a single indicator, it may not cover all market dynamics.- For novice traders, it may be necessary to use the UMS indicator in conjunction with other indicators to improve accuracy.- The indicator may lag in extreme market conditions.Special NoteThe [blackcat] L3 Ultimate Market Sentinel (UMS) indicator is a powerful analytical tool, but it is not omnipotent. The market has its inherent risks and uncertainties, so it is recommended that traders use the UMS indicator in conjunction with their own trading strategies and risk management rules. Additionally, it is always recommended to fully test and verify any indicator in a simulated environment before actual application.

در صحنه بزرگ بازار مالی، هر معامله‌گری به دنبال شریکی است که بتواند او را به خوبی در تانگوی بازار هدایت کند. اندیکاتور "جفت نامتجانس" همان شریکی است که با ظرافت با حرکات بازار می‌رقصد. این اندیکاتور نقاطی از بازار را در کنار هم قرار می‌دهد و به معامله‌گران کمک می‌کند تا نقطه‌ای در فضای تانگو بازار پیدا کنند. تصور کنید زمانی که بازار آرام است، "جفت نامتجانس" مانند دو ساحل به هم متصل هستند. آنها تقریباً روی نمودار همپوشانی دارند، انگار که نجوا می‌کنند: "حالا، بیایید از گام‌های آرام رقص لذت ببریم." این دوره ادغام در بازار است، هیچ حرکت قیمتی مهمی وجود ندارد و معامله‌گران می‌توانند استراحت کنند و از جزء به جزء جزئیات بازار به آرامی لذت ببرند. اما استاد بازار همیشه دوست دارد ملودی را به طور غیرمنتظره تغییر دهد. وقتی فعالیت افزایش می‌یابد، مانند این است که سرعت موسیقی بیشتر شود و فضای تانگویی که آرام بود، مشتاق می‌شود. در این لحظه، نقاط "جفت نامتجانس" شروع به دور شدن می‌کنند، گویی دو رقصنده مشتاق و پرشور هستند و هر کدام حرکات رقص انفرادی خود را به نمایش می‌گذارند. در این لحظه جدایی، به معامله‌گران می‌گوید: "آیا آماده‌اید؟ بازار در شرف رقصیدن است، وقت آن است که مهارت‌های رقص خود را نشان دهید!" تغییرات اندیکاتور "جفت نامتجانس" مانند یک فشارسنج برای احساسات در بازار است. وقتی نقاط به هم متصل هستند، احساسات در بازار پایدار است و معامله‌گران می‌توانند با آرامش نظاره‌گر باشند و منتظر فرصت‌ها بمانند. اما وقتی از هم جدا می‌شوند، احساسات در بازار افزایش می‌یابد و معامله‌گران باید به سرعت واکنش نشان دهند تا لحظاتی را که می‌توانند سودآور باشند، شکار کنند. روش محاسبه این اندیکاتور شبیه یک رقص با دقت طراحی شده است. با محاسبه میانگین متحرک، میانگین حجم معاملات و بخش کوتاه‌مدت قیمت، بخشی از بازار را به تصویر می‌کشد. این محاسبات شبیه گام‌های رقص هستند، هر گام دقیق و قوی است و اطمینان حاصل می‌کند که معامله‌گران می‌توانند بخشی از بازار را حفظ کنند. در کاربرد عملی، اندیکاتور "جفت نامتجانس" فقط یک خط ثابت روی نمودار نیست، بلکه بیشتر شبیه یک شریک رقص زنده است. می‌تواند قسمت بازار را تشخیص دهد و معامله‌گران را راهنمایی کند تا به طور انعطاف‌پذیر در فضای رقص بازار پاسخ دهند. چه در دوره آرام بازار و چه در طول حرکت، می‌تواند سیگنال‌های واضحی ارائه دهد تا به معامله‌گران در تصمیم‌گیری‌های هوشمندانه کمک کند. اکنون، بیایید ناحیه بازار این کد را به زبان طبیعی توصیف کنیم: - **HJ_1**: این پایه و اساس مراحل رقص در بازار است، با محاسبه میانگین متحرک و حجم معاملات، بخش حرکت در بازار را تعیین می‌کند. - **HJ_2** و **HJ_3**: این بخش‌ها بازوهای شریک رقص هستند که با کاهش نوسانات، به معامله‌گران در تعیین جهت دور بازار کمک می‌کنند. - **HJ_4**: این لنز احساسات بازار است، با محاسبه بخش کوتاه‌مدت قیمت، تنش و حرکت در بازار را آشکار می‌کند. - **A7** و **A9**: این بخش‌ها راهنمای مراحل رقص هستند، وقتی حرکت در بازار افزایش می‌یابد، از هم جدا می‌شوند و معامله‌گران را در جهت درست هدایت می‌کنند. - **WATCH**: این نقاط تعیین‌کننده رقص هستند، وقتی بخش‌ها همپوشانی دارند، بازار آرام است. وقتی از هم جدا می‌شوند، بازار فعال است. اندیکاتور "جفت نامتجانس" مانند یک رقص با دقت طراحی شده است که به معامله‌گران این امکان را می‌دهد که جایگاه خود را در فضای رقص بازار پیدا کنند، چه رقص آهسته و آرام و چه تانگوی پر از حرکت. به یاد داشته باشید، بازارها همیشه در حال تغییر هستند و جفت نامتجانس شریک ایده‌آلی است که می‌تواند شما را در رقصیدن گام‌های عالی هدایت کند. در ادامه، این بخش کد TradingView این اندیکاتور را ارائه می‌دهد: Pine Script® این اسکریپت "جفت نامتجانس" از سه نوع مختلف میانگین متحرک استفاده می‌کند: EMA (میانگین متحرک نمایی)، DEMA (میانگین متحرک نمایی دوگانه) و TEMA (میانگین متحرک نمایی سه‌گانه). کاربر می‌تواند نوع میانگین متحرکی را که می‌خواهد استفاده کند، از طریق ورودی‌ها انتخاب کند. در اینجا توابع اصلی این اسکریپت آورده شده است: 1. تعریف توابع DEMA و TEMA: این دو تابع برای محاسبه میانگین‌های متحرک مربوطه استفاده می‌شوند. EMA میانگین متحرک نمایی است، که نوع خاصی از میانگین متحرک است که به داده‌های جدیدتر اولویت می‌دهد. در ابتدا، ema1 یک EMA از "طول" است و ema2 یک EMA از ema1 است. DEMA دو برابر ema1 منهای ema2 است. 2. دعوت از کاربر برای انتخاب استفاده از EMA، DEMA یا TEMA: این قسمت از اسکریپت به کاربر این امکان را می‌دهد که نوع میانگین متحرکی را که می‌خواهد استفاده کند انتخاب کند. 3. تعریف الگوریتمی که به عنوان "الگوریتم جفت نامتجانس" شناخته می‌شود: این قسمت از اسکریپت یک الگوریتم پیچیده را برای محاسبه مقداری به نام "HJ" تعریف می‌کند. این الگوریتم شامل محاسبات پیچیده متعدد و کاربردهای EMA، DEMA، TEMA است. 4. ترسیم نمودار: کد زیر برای ترسیم نمودار در TradingView استفاده می‌شود. از تابع plot برای ترسیم خطوط، و تابع plotcandle برای ترسیم نمودار شمعی (K-line) استفاده می‌شود و از رنگ‌های زرد و قرمز برای نمایش نقاط مختلف استفاده می‌شود. 5. تعیین نقاط: قسمت آخر کد از رنگ‌های زرد و قرمز برای ترسیم نقاط برای HJ_7 استفاده می‌کند. اگر نقطه‌ای برای HJ_7 تعیین شود، نقطه نمودار به رنگ مطابق تغییر می‌کند.

**TradingView Duygusal Hat Teknik Göstergesi Kullanıcı Rehberi** **I. Genel Bakış** Duygusal Hat, piyasa ruhunu analiz ederek yakalayabilen yenilikçi bir teknik gösterge. Geçtiğimiz üç gün boyunca açılış, en yüksek, en düşük ve kapanış fiyatlarının ortalamasını hesaplar ve Dinamik Hareketli Ortalama (DMA) ve Üs Eksiyonel Ortalama (EMA) kavramlarını birleştirerek piyasa ruhunu yansıtan bir değer üretir. TradingView platformunda Pine Script dilinde uygulanan Duygusal Hat, kullanıcılara piyasa ruhunu analiz etmek için sezgisel bir araç sunar. **II. Hesaplama Yöntemi** 1. **İşığı (Ray)**: Geçtiğimiz üç gün boyunca ortalama fiyatları (2 * C + H + L) / 4 şeklinde hesaplayın, burada C kapanış fiyatı, H en yüksek fiyat ve L en düşük fiyatdır. Daha sonra, bu ortalamanın 3 günlük Dinamik Hareketli Ortalamasını (SMA) alın ve yumuşatma faktörü 2 olarak ayarlayın. 2. **CL (Kapanış Çizgisi)**: İşığın değerini CL'ye atayın; bu, daha sonraki hesaplamalar için temel olacak. 3. **DIR1 (Yön Değişimi)**: CL ve iki gün önceki CL arasındaki mutlak farkı hesaplayın, bu da fiyat hareketinin büyüklüğünü gösterir. 4. **VIR1 (Aralık İçindeki Hacim)**: Son iki gün boyunca CL ve bir gün önceki CL arasındaki mutlak farkların toplamını hesaplayın, bu da fiyat dalgalanmaları toplamını ölçer. 5. **ER1 (Verimlilik Oranı)**: DIR1 ve VIR1'in oranı, fiyat hareketinin verimliliğini ölçer. 6. **CS1 (Kümülatif Güç)**: ER1'e ağırlıklı bir işlem uygulayarak CS1 elde edin. 7. **CQ1 (Kümülatif Çarpan)**: CS1'in karesini alın, bu da fiyat hareketinin kumulatif etkisini daha da güçlendirir. 8. **AMA5 (Düzenli Hareketli Ortalama)**: CL'nin Dinamik Hareketli Ortalamasını (DMA) CQ1 ile çarparak hesaplayın ve sonucu 2 günlük Üs Eksiyonel Ortalama (EMA) ile işlemeyin. 9. **Maliyet (Cost)**: AMA5'in 7 günlük Dinamik Hareketli Ortalamasını (SMA) hesaplayın. 10. **CLX (Kümülatif Çizgi)**: AMA5 ve Maliyetin ortalamasını alın ve CLX'i elde edin. 11. **Duygusal Hat**: CLX'in N gün boyunca sürekli artış oranını hesaplayın, burada N 7 gün olarak öntanımlıdır. Sonuçları 100 ile çarparak Duygusal Hat değerini elde edin. 12. **MA_Duygusal Hat (Duygusal Hatın Ortalama Hareketli Ortalama)**: Duygusal Hat'ın N günlük Ortalama Hareketli Ortalamasını (SMA) hesaplayın, burada N 6 gün olarak öntanımlıdır. **III. Piyasa Mantığı** Fiyat hareketinin kumulatif etkisini ve verimliliğini analiz ederek, Duygusal Hat piyasa ruhunun gücünü ortaya çıkarmaya çalışır. Duygusal Hat arttığında, piyasanın olumlu bir hava aldığını ve yatırımcıların hisse senedi konusunda iyimser olabileceğini gösterir; düşen bir Duygusal Hat ise piyasanın zayıf bir hava aldığını belirtebilir. Duygusal Hat'ın mutlak değeri ve eğilim değişiklikleri, yatırımcılar için alım, sakla veya satış için referans noktaları sunabilir. **IV. Kullanım** 1. **Dikkat Çağırıcı Sinyal**: Duygusal Hat %20'yi aştığında, piyasa ruhu olumlu bir şekilde başlayabilir ve yatırımcılar ilgili hisselere dikkat etmelidir. 2. **Giriş Sineli**: Duygusal Hat %40'yi aştığında, piyasa ruhu nispeten güçlüdür ve yatırımcılar piyasaya girmeyi düşünebilir. 3. **Pozisyon Azaltma Sineli**: Duygusal Hat %80'i aştığında, piyasa fazla iyimser olabilir ve yatırımcılar pozisyonlarını azaltmayı düşünmelidir. 4. **Çıkış Sineli**: Duygusal Hat, N günlük Ortalama Hareketli Ortalama'nın altına düştüğünde, piyasa ruhunda bir değişiklik olduğunu ve yatırımcılar piyasadan ayrılmayı düşünmeleri gerektiğini gösterir. **V. Notlar** - Duygusal Hat, yatırımcılara yardımcı olacak bir araçtır ve yatırımcılar diğer teknik ve temel analizler ile tümleşik değerlendirmeler yapmalıdır. - Piyasa ruhu çeşitli faktörler tarafından etkilenebilir ve Duygusal Hat gecikme yaşayabilir, bu nedenle yatırımcılar dikkatli kullanmalıdır. - Yatırımcılar, risk toleransınına ve yatırım stratejilerine göre Duygusal Hat'ın parametrelerini ayarlamalıdır. **VI. Sonuç** Duygusal Hat, piyasa ruhunu miktarda yöntemlerle yansıtan sezgisel bir göstergedir ve yatırımcılara piyasa dinamikleri gözlemlemek için yeni bir perspektif sunar. Ancak, hiçbir teknik gösterge kesin değildir ve yatırımcılar dikkatli olmakla kullanmalıdır, kişisel deneyimlerini ve piyasa koşullarını birleştirerek kararlar almalıdır. TradingView platformu üzerinden, yatırımcılar Duygusal Hat göstergesini'lerine kolayca ekleyebilir ve işlem kararlarını desteklemek için kullanabilirler.

" L5 Alchemy Gold (ALGOLD)" هو مؤشر شامل لمتابعة الاتجاه فی التداول. یستخدم بیانات الحجم والسعر لإنشاء مذبذب مشابه لـ MACD مع تأخیر مخفض. یحتوی المؤشر على مرشحات متکیفة وتقلبات وALMA للتصفیة وکاشف للتباین. یوفر إشارات دخول وخروج استنادًا إلى تقاطعات الخطوط السریعة والبطیئة. یساعد المتداولین على فهم اتجاهات السوق وتخصیص استراتیجیات التداول. مرحبًا بک فی عالم التداول، حیث تتحدث الرسوم البیانیة وتکون المؤشرات هی المترجمین! الیوم، سنغوص فی عالم مؤشر " L5 Alchemy Gold (ALGOLD)" - لیس مجرد مؤشر عادی، بل هو مایسترو یتبع الاتجاهات ویتمایل على إیقاع الأسواق. **میلاد ALGOLD:** ولدت ALGOLD فی أزقة تداول الرقمیة، وهی من صنع blackcat1402 الذی قرر أن 'التأخیر' هو کلمة من ثلاثة أحرف لیس مرحبًا بها فی مفرداته. هذا المؤشر الذی یتبع الاتجاه لیس مجرد خط آخر على الرسم البیانی الخاص بک؛ بل هو مفاعل الانصهار للمعلومات الحجم والسعر. تخیل مذبذب MACD ولکن مع تأخیر أقل وأکثر ثقة. هذا هو ALGOLD بالنسبة لک! إنه مؤشر یتبع الاتجاه الذی یدمج بیانات الحجم والسعر لإنشاء مذبذب شبیه بـ MACD، بهدف معالجة مشکلة التأخیر النموذجیة فی المؤشرات التی تعتمد فقط على السعر. یعتبر دمج المعلومات الرائدة للحجم مع بیانات السعر المتأخرة نهجًا ذکیًا لإنشاء إشارات أکثر فی الوقت المناسب. بالإضافة إلى ذلک، فإن تضمین مرشح التقلبات لتقلیل الإشارات الخاطئة خلال الأسواق الجانبیة هو تحسین مدروس. یتم تشکیل المؤشر " L5 Alchemy Gold (ALGOLD)" لیکون شاملاً للغایة. یتضمن: 1. مرشح متکیف لتنعیم بیانات السعر والحجم. 2. مرشح التقلبات بناءً على المتوسط الحقیقی المتوسط (ATR). 3. متوسط متحرک لتولید معلومات السعر الملساء. 4. ALMA (متوسط Arnaud Legoux المتحرک) لمزید من التصفیة للسعر والحجم. 5. کاشف التباین لتحدید الانعکاسات المحتملة للاتجاه. یتم تقسیم معلمات إعدادات المؤشر " L5 Alchemy Gold (ALGOLD)" إلى ثلاثة مجموعات: 1. **إعدادات الکیمیاء (Alchemy Setting)**: - Alchemy Sharpness (القیمة الافتراضیة: 7) - یتحکم فی حدة المرشح المتکیف. - Alchemy Period (القیمة الافتراضیة: 55) - یحدد نعومة المتذبذب. 2. **إعدادات DVATR**: - DVATR Length (القیمة الافتراضیة: 11) - یحدد طول الفترة لـ DVATR، بما یشابه طول ATR. - DVATR Threshold (القیمة الافتراضیة: 0.07) - یضبط الحساسیة لاکتشاف السوق الجانبی. - Smooth Length (القیمة الافتراضیة: 21) - ینعم نتائج DVATR، موازنة مع کشف التقلبات. 3. **إعدادات التباین (Divergence Setting)**: - معلمات مثل Pivot Lookback، Max/Min of Lookback Range - تحدد الحساسیة لاکتشاف التباین. - خیارات لتمکین أو تعطیل الرسوم البیانیة لأنواع مختلفة من التباین (Bullish, Hidden Bullish, Bearish, Hidden Bearish). **الکیمیاء تلتقی بالتداول:** فی قلب ALGOLD تکمن 'إعدادات الکیمیاء'. فکر فیها کما لو کانت الصلصة السریة التی تعطی هذا المؤشر میزته. مع مقابض 'حدة الکیمیاء' و'فترة الکیمیاء'، أنت لست فقط تنعم البیانات؛ أنت تصنع فن المالیة. الحدة تحدد المزاج، والفترة تحدد الإیقاع. **ترویض زئیر السوق مع DVATAR:** الأسواق الجانبیة؟ یضحک ALGOLD فی وجه هذه مع إعدادات DVATAR. باستخدام ATR کأساس، یقوم هذا المیزة بتصفیة همسات السوق وزئیرها، وتمییز بین هجوم الأسد ونزهة القط. إنه مثل امتلاکک لخاتم مزاج السوق على الرسم البیانی الخاص بک! **الغوص من أجل التباین:** إعدادات التباین هو المکان الذی یلعب فیه ALGOLD دور المحقق. إنه یبحث عن تلک الانعکاسات السوقیة الخفیة. مع مجموعة من إعدادات النظرة الخلفیة والخیار لرسم أنواع مختلفة من التباین، إنه مثل إعطاء الرسم البیانی الخاص بک زوج من نظارات المحقق. **سیمفونیة بصریة:** الآن، دعنا نتحدث عن الجوانب البصریة. إذا کانت ALGOLD فیلمًا، فسوف تفوز بجائزة الأوسکار لأفضل تأثیرات بصریة. المؤشر " L5 Alchemy Gold (ALGOLD)" حیوی وبدیهی: 1. **لون شریط الشموع**: تغیرات اللون التدرجی للدلالة على قوة الاتجاه، مع الألوان الأکثر دفئا للاتجاهات الصعودیة والألوان الأکثر برودة للاتجاهات الهابطة. 2. **ألوان وأشکال الخطوط**: - اللون الأخضر یمثل الخط السریع، الأحمر للخط البطیء. - التقاطعات لهذه الخطوط تشیر إلى الدخول (مثلثات) والخروج (أشکال الصلیب). - یتم إنشاء شریط بین هذه الخطوط، مملوء بالأخضر للاتجاهات الصعودیة والأحمر للاتجاهات الهابطة. 3. **مخطط الهیستوغرام**: - هیستوغرام أحمر للقیم أعلى من 0 والاتجاه الصعودی. - هیستوغرام أزرق للقیم أعلى من 0 والتصحیح. - هیستوغرام أخضر للقیم أقل من 0 والاتجاه الهابط. - هیستوغرام أصفر للقیم أقل من 0 والارتداد. ألوان شرائط الشموع تتغیر مثل الحرباء، تتکیف مع مزاج السوق. الخط السریع (باللون الأخضر) والخط البطیء (باللون الأحمر) یرقصان على شاشتک، مما یخلق عرضًا بصریًا رائعًا. عندما یتقاطعان، فإنه لیس مجرد إشارة؛ بل إعلان! **الهیستوغرام الذی یحکی القصص:** یعد الهیستوغرام ALGOLD راوی قصص بحد ذاته. تخیل مخطط شریطی یظهر لیس فقط اتجاه السوق ولکن أیضًا تقلبات مزاجه. الأشرطة الحمراء للاتجاهات الصعودیة، والأزرق لتلک التصحیحات الخفیة، الأخضر للاتجاهات الهبوطیة، والأصفر للارتدادات. إنه کأن یکون لدیک توقعات الطقس السوقی فی متناول یدیک! **الدخول والخروج: رقصة الثیران والدببة:** - **معاییر الدخول**: تقاطع مرکب وتقاطع للخطوط السریعة والبطیئة للمذبذب ALGOLD. - **معاییر الخروج**: تقاطع وتقاطع للخطوط السریعة والبطیئة للمذبذب ALGOLD، ولکن باستخدام إطار زمنی أقل للحصول على المزید من الحساسیة. عندما یتعلق الأمر بالدخول والخروج من الصفقات، یشبه ALGOLD مدرس الرقص المخضرم. إشارات الدخول هی تقاطع وتقاطع متناسق للخطوط السریعة والبطیئة، مما یخبرک عندما تتدخل. وعندما یحین الوقت للخروج؟ یوفر لک تقاطع وتقاطع مماثل على إطار زمنی أقل الإشارة. إنه کأن یکون لدیک شریک رقص یعرف بالضبط متى یقود ومتى یتبع. **التخصیص: خیاط التداول الشخصی الخاص بک:** ماذا بعد؟ لیس ALGOLD مؤشرًا یناسب الجمیع. مع إعداداته التی یمکن تخصیصها، یمکنک تکییفه لیناسب أسلوبک فی التداول. سواء کنت تحب التداول الناعم والبطیء أو الحاد والسریع، یتکیف ALGOLD معک. إنه بمثابة البدلة المصممة خصیصًا من مؤشرات التداول! **تجمیع کل شیء معًا:** إذاً، ها أنت ذا یا متداولین. الـ" L5 Alchemy Gold (ALGOLD)" لیس مجرد مؤشر؛ بل هو بوصلة السوق الخاصة بک، ومترجم الاتجاهات، وخیاط التداول الخاص بک، کل ذلک فی حزمة أنیقة واحدة. سواء کنت متداولًا محنکًا أو مبتدئًا، فإن ALGOLD هو حلیفک فی فک ألغاز السوق. وأخیرًا، تذکر أن الأسواق هی أرضیة الرقص، ومع ALGOLD، أنت دائمًا مستعد للرقص. اختبره، وقم بتعدیله، واجعله خاصًا بک. ومن یعلم، مع ALGOLD بجانبک، قد تصبح أسطورة التداول التی کنت مقدرًا لتکونها! تداول سعید، ودع الاتجاهات تکون دائمًا فی صالحک!

" L5 Alchemy Gold (ALGOLD)" göstergesi, trendi takip eden bir gösterge olarak öne çıkıyor. ALGOLD, volume ve fiyat bilgilerini birleştirerek gecikme sorununu çözmeyi hedefliyor. Gösterge, adaptif filtreler, volatilite filtresi, tetikleyici hareketli ortalama, ALMA ve sapma dedektörü gibi özellikler içeriyor. Ayrıca, görsel olarak da zengin bir deneyim sunuyor. ALGOLD, giriş ve çıkış noktalarını belirlemek için hızlı ve yavaş çizgilerin çapraz geçişlerini kullanıyor. Gösterge, kişiselleştirilebilir ayarlarıyla her tüccara uyum sağlıyor. Grafiklerin konuştuğu ve göstergelerin çevirmen olduğu ticaret dünyasına hoş geldiniz! Bugün, " L5 Alchemy Gold (ALGOLD)" alanına dalıyoruz - sıradan bir gösterge değil, piyasaların ritmine göre dans eden trendi takip eden bir usta. **ALGOLD'un Doğuşu:** Dijital sokakların TradingView'ında doğan ALGOLD, 'lag'in dilinde hoş karşılanmayan bir üç harfli kelime olduğunu belirleyen blackcat1402'nin beynin çocuğudur. Bu trendi takip eden gösterge, grafiğinizdeki sadece başka bir çizgi değil; volume ve fiyat bilgilerinin bir füzyon reaktörü. Daha az lag ve daha fazla özgüvenle bir MACD osilatörü hayal edin. İşte bu ALGOLD! Bu, volume ve fiyat verilerini karıştıran bir trend takip göstergesidir, bu da yalnızca fiyat göstergelerinde tipik olan gecikme sorununu çözmeyi amaçlar. Öncü volume bilgilerinin geciken fiyat verileriyle entegrasyonu, daha zamanında sinyaller oluşturmak için akıllıca bir yaklaşımdır. Ayrıca, yan yatay pazarlar sırasında yanıltıcı sinyalleri azaltmak için bir volatilite filtresinin dahil edilmesi dikkate değer bir iyileştirmedir. " L5 Alchemy Gold (ALGOLD)" göstergesi oldukça kapsamlı bir şekilde şekilleniyor. İçerir: 1. Fiyat ve volume verilerini düzleştirmek için bir adaptif filtre. 2. Ortalama Gerçek Aralığa (ATR) dayalı bir volatilite filtresi. 3. Düzleştirilmiş fiyat bilgileri üretmek için bir tetikleme hareketli ortalaması. 4. Fiyat ve volume filtrelemesi için daha fazla bir ALMA (Arnaud Legoux Hareketli Ortalama). 5. Potansiyel trend ters dönüşlerini belirlemek için bir sapma dedektörü. " L5 Alchemy Gold (ALGOLD)" gösterge giriş ayar parametreleri, üç gruba ayrılmıştır: 1. **Alchemy Ayarı**: - Alchemy Keskinlik (Varsayılan: 7) - Adaptif filtrenin keskinliğini kontrol eder. - Alchemy Periyodu (Varsayılan: 55) - Osilatörün düzgünlüğünü belirler. 2. **DVATR Ayarı**: - DVATR Uzunluğu (Varsayılan: 11) - DVATR için periyot uzunluğunu belirler, ATR'nin Uzunluğuna benzer. - DVATR Eşiği (Varsayılan: 0.07) - Yatay piyasa algılama için duyarlılığı ayarlar. - Düzleştirme Uzunluğu (Varsayılan: 21) - DVATR çıktısını düzleştirir, volatilite algılama ile dengelenir. 3. **Farklılık Ayarı**: - Pivot Geriye Bakma, Geriye Bakma Aralığının Maks/Min gibi Parametreler - Farklılık algılama için duyarlılığı belirler. - Çeşitli farklılık türleri için çizimleri etkinleştirme veya devre dışı bırakma seçenekleri (Boğa, Gizli Boğa, Ayı, Gizli Ayı). **Alchemy ile Trading Buluşuyor:** ALGOLD'un kalbinde 'Alchemy Ayarı' bulunur. Bunu, bu göstergenin avantajını sağlayan gizli sos olarak düşünün. 'Alchemy Keskinlik' ve 'Alchemy Periyot' düğmeleriyle, sadece verileri düzleştirmiyorsunuz; finansal sanat yaratıyorsunuz. Keskinlik havayı belirler ve periyot temposunu belirler. **DVATR ile Piyasanın Gürültüsünü Tame Edin:** Yanal piyasalar mı? ALGOLD, DVATR Ayarı ile bunlara güler. ATR'yi baz alarak, bu özellik piyasanın fısıltılarını ve gürültülerini filtreler, bir aslanın saldırısını ve bir kedinin yürüyüşünü ayırt eder. Grafiğinizde bir piyasa ruh hali yüzüğünüz var gibi! **Divergence için Dalış:** 'Divergence Ayarı', ALGOLD'un dedektiflik oynadığı yerdir. O, o hileli piyasa ters dönüşlerini arıyor. Bir dizi bakış geriye ayarı ve farklı divergence türlerini çizme seçeneği ile, grafiğinize bir çift dedektif gözlüğü vermiş gibi olur. **Görsel Bir Senfoni:** Şimdi, görsellerden bahsedelim. Eğer ALGOLD bir film olsaydı, en iyi görsel efektler için bir Oscar kazanırdı. " L5 Alchemy Gold (ALGOLD)" göstergesi canlı ve sezgiseldir: 1. **Mum Çubuk Rengi**: Eğilim gücünü belirtmek için gradyan renk değişiklikleri, boğa eğilimleri için daha sıcak renkler ve ayı eğilimleri için daha soğuk renkler. 2. **Çizgi Renkleri ve Şekilleri**: - Yeşil renk, hızlı çizgiyi temsil eder, yavaş çizgi için kırmızı. - Bu çizgilerin çaprazlamaları, girişleri (üçgenler) ve çıkışları (çapraz şekiller) belirtir. - Bu çizgiler arasında yeşil ile doldurulmuş bir bant oluşturulur for uptrends ve kırmızı for downtrends. 3. **Histogram**: - 0'ın üzerinde ve yukarı eğilim için kırmızı histogram. - 0'ın üzerinde ve retracement için mavi histogram. - 0'ın altında ve aşağı eğilim için yeşil histogram. - 0'ın altında ve yukarı sıçrama için sarı histogram. Mum çubukları, piyasanın ruh haline uyum sağlayarak şamaleonlar gibi renk değiştirir. Hızlı çizgi (yeşil) ve yavaş çizgi (kırmızı) ekranınızda vals yapar, görsel bir ziyafet yaratır. Onlar çaprazlandığında, bu sadece bir sinyal değil; bir beyanname! **Hacimleri Anlatan Histogram:** ALGOLD histogramı, kendi başına bir hikaye anlatıcıdır. Sadece piyasanın yönünü gösteren değil, aynı zamanda ruh hali dalgalanmalarını da gösteren bir çubuk grafik hayal edin. Yükselen trendler için kırmızı çubuklar, gizli geri çekilmeler için mavi, düşen trendler için yeşil ve sıçrama için sarı. Bu, parmaklarınızın ucunda bir piyasa hava durumu tahmini gibi! **Giriş ve Çıkış: Boğalar ve Ayıların Dansı:** - **Giriş Kriterleri**: ALGOLD osilatörünün hızlı ve yavaş çizgilerinin birleşik çapraz geçişi ve çapraz altı. - **Çıkış Kriterleri**: ALGOLD osilatörünün hızlı ve yavaş çizgilerinin çapraz geçişi ve çapraz altı, ancak daha fazla duyarlılık için daha düşük bir zaman çerçevesi kullanılır. İşlemlere giriş ve çıkış söz konusu olduğunda, ALGOLD deneyimli bir dans eğitmeni gibidir. Giriş sinyalleri, hızlı ve yavaş çizgilerin uyumlu çapraz geçişi ve çapraz altıdır, size ne zaman adım atmanız gerektiğini söyler. Peki ya çıkmak zamanı olduğunda? Daha düşük bir zaman çerçevesinde benzer bir çapraz geçiş ve çapraz alt, size gereken dürtüyü verir. Bu, tam olarak ne zaman öncülük etmesi ve ne zaman izlemesi gerektiğini bilen bir dans partnerine sahip olmak gibidir. **Kişiselleştirme: Kişisel Ticaret Terziniz:** Daha ne mi var? ALGOLD, herkese uyan bir gösterge değil. Özelleştirilebilir ayarları ile onu kendi ticaret stilinize göre şekillendirebilirsiniz. Ticaretinizi düz ve yavaş mı yoksa keskin ve hızlı mı seviyorsunuz, ALGOLD size uyum sağlar. O, ticaret göstergelerinin kişiye özel takım elbisesi! **Hepsini Bir Araya Getirme:** İşte burada, tüccarlar. " L5 Alchemy Gold (ALGOLD)" sadece bir gösterge değil; o, sizin pazar pusulanız, trend çevirmeniniz ve ticaret terziniz, hepsi tek bir şık pakette birleşmiş. Deneyimli bir tüccar olun ya da yeni başlayın, ALGOLD, piyasanın gizemlerini çözme konusunda müttefikinizdir. ALGOLD turunu tamamlarken, piyasaların bir dans pisti olduğunu ve ALGOLD ile her zaman dans etmeye hazır olduğunuzu unutmayın. Onu test edin, ayarlayın ve kendiniz yapın. Ve kim bilir, ALGOLD yanınızda olduğunda, belki de olmanız gereken ticaret efsanesi olabilirsiniz! Mutlu ticaretler ve trendler her zaman lehinize olsun!

One of the biggest differences between cryptocurrency and traditional financial markets lies in the foundational technology that underpins cryptocurrency, known as blockchain. This revolutionary technology enables individual investors to gain insights into the flow of large funds through on-chain transfers, thus providing a unique advantage in the market. These significant funds, often referred to as "Whales," have the ability to exert considerable influence over the price movements of cryptocurrencies, particularly Bitcoin. As a result, monitoring and analyzing Whale trends holds immense importance, both in terms of understanding the fundamental dynamics and leveraging technical aspects of the market.Let's delve into the KDJ oscillator display, a powerful tool for cryptocurrency traders. Comprising three lines, namely K, D, and J, the KDJ display draws parallels with the stochastic oscillator. The K and D lines are identical to those seen in the stochastic oscillator, while the J line represents the deviation of the D value from the K value. By observing the convergence of these lines, traders can identify potential trading opportunities and capitalize on them. Moreover, similar to the Stochastic Oscillator, the KDJ display also highlights oversold and overbought levels, indicating moments when the ongoing trend is likely to reverse.In the realm of cryptocurrency trading, the L2 KDJ with Whale Pump Detector emerges as a composite indicator that seamlessly integrates the KDJ display with the Whale Pump Detector. This integration imparts an additional layer of sophistication to the analysis process, allowing traders to filter out false signals that may arise from the KDJ display. Consequently, traders can make more informed decisions by leveraging the power of this composite indicator.For further information and access to the L2 KDJ with Whale Pump Detector script, you can visit the following link: [L2 KDJ with Whale Pump Detector](tradingview.com/script/vDX9m7PJ-L2-KDJ-with-Whale-Pump-Detector/). However, it is important to exercise caution while using any script and ensure that you fully trust the author and comprehend the script's functionality. If you are uncertain, consider exploring open-source alternatives available within the [TradingView Community Scripts](tradingview.com/script/) section.This article introduces the advanced version of L2 KDJ, called L5 KDJ. The L5 KDJ indicator is mainly composed of three parts.The first part is the color band of KDJ, which changes color based on the strength of the market trend. The closer the color is to cool colors, the market tends to be bearish; if the color leans towards warm colors, it indicates a bullish market. This color change can provide valuable market information to help traders assess the current market trend and situation.In addition, the fluctuation range of the KDJ color band is between 0 and 100. To better utilize this indicator, I set 0 to 20 as the oversold zone and 80 to 100 as the overbought zone. When the oscillator oscillates within this range, the color of the band changes, indicating the current position of the market. This setting can help traders more accurately determine overbought and oversold conditions, enabling them to make wiser trading decisions.It should be noted that in some extreme market conditions, the color band may exhibit special color changes. In a trending market, if the color band leans towards warm colors, it indicates that the market may be in an overbought state; whereas if the color band leans towards cool colors, it may indicate an oversold market. These special color changes can help traders better understand the market conditions and take appropriate trading strategies in a timely manner.In summary, L5 KDJ is an advanced version of L2 KDJ, which integrates the KDJ color band and the color changes of the market trend, providing traders with more useful market information. Proper use of the L5 indicator can help traders more accurately assess the market trend and position, enabling them to make wiser trading decisions.Part 2. This is the KDJ candle in yellow and purple. These candles are key signals for generating entry and exit signals. They are generated through multiple high-order filters. The candles are divided into yellow and purple parts, where yellow represents long positions and purple represents short positions. There are also yellow and purple labels for opening and closing signals. The yellow label 'L' represents long entry, and the yellow label 'TP' represents closing long positions. Similarly, the purple label 'S' represents short entry, and the purple label 'TP' represents closing short positions. Each label is followed by an '@' symbol, followed by a percentage. This percentage represents the dynamic candle's deviation from the mean deviation value. The mean deviation value indicates whether the current market is in an extreme condition. It is not only used to determine overbought and oversold conditions and closing signals, but also to identify opportunities for short-term rebounds. This rebound strategy can be used in conjunction with the BNF. Overall, the yellow and purple candles will fluctuate above and below the KDJ color band. When the candles are far away from the color band, there is a tendency to regress. In this case, it is advisable to consider entering for a rebound or to take timely profits and exit.In addition, the third major characteristic is the whale jump indicator. For whale departure, this is the same as my classic whale jump algorithm. Of course, here it is defined that the starting point for bullish whales is 0, and the starting point for bearish whales is 100. The color bars generated by bullish whales are purple and red, with purple indicating that bullish whales are actively buying long positions, and red indicating that bullish funds are starting to pause or relay. Bearish funds are represented by yellow and green colors, with yellow bars indicating strong bearish selling pressure and green indicating situations where bearish intensity pauses or relays.Finally, this indicator will generate alert signals for long entry, short entry, short take profit, and long take profit, which can be implemented through the alert function. Overall, the L5 KDJ indicator has significant improvements compared to the L2 KDJ indicator. These advantages are mainly reflected in the stability of the signals, noise filtering, and accurate generation of long and short entry signals, as well as the generation of closing signals. Additionally, it also displays the deviation rate (used for BNF rebound strategy). I hope this will bring more convenience to traders.

Hey, friends! blackcat is here to bring you an interesting and professional article today, talking about the "Triple Exponential Moving Average (TEMA) Channel" - a powerful tool as a trend indicator in volatile markets.First of all, let's delve into the origins of the TEMA indicator. It was invented by Patrick Mulloy in the mid-90s with the aim to address the lagging issue encountered when using oscillators or Exponential Moving Averages (EMA). The TEMA indicator smooths out short-term fluctuations by utilizing multiple moving averages. What sets it apart is its unique approach of continuously using the EMA's EMA and adjusting for lag in its formula.In this article, we will primarily focus on the functionality of the TEMA channel as a trend indicator. However, it's worth noting that its effectiveness is diminished in choppy or sideways markets. Instead, the TEMA indicator shines brightest in long-term trend trading. By utilizing TEMA, analysts can easily filter out and disregard periods of volatility, allowing them to focus on the overall trend.To gain a comprehensive understanding of market trends, it is often recommended to combine TEMA with other oscillators or technical indicators. This combination can help traders and analysts interpret sharp price movements and assess the level of volatility. For example, some analysts suggest combining the Moving Average Convergence Divergence (MACD) with the TEMA channel to evaluate market trends more accurately.Now, let's explore how the TEMA channel can be used as a tool to showcase interesting features of price support and resistance. In this script, the TEMA channel is represented by three bands: the upper band, the middle band, and the lower band. The upper band is depicted in white, the middle band in yellow, and the lower band in magenta.So, let's dive deep into the world of the TEMA channel and enjoy the benefits it brings to understanding market trends. Join us on this exciting journey!"[blackcat] L1 Triple EMA Channel" requires the overlay parameter set to true. This means that the indicator will be plotted on top of the price chart.The variable N is defined as an input integer with a default value of 21 and a label "Period". This allows users to change the period value when adding this indicator to their chart.The variables MAH, MAL, RRANGE, and RANGEMA are calculated using exponential moving averages (EMAs) applied multiple times to either high, low, or range values based on the specified period (N). These calculations help determine upper and lower channel levels for plotting.The variable UPPER represents the upper channel level by adding twice the RANGEMA value to MAH. It is then plotted using plot() function with parameters like color, linewidth etc.Similarly, The variable LOWER represents the lower channel level by subtracting twice RANGEMA from MAL. It is also plotted using plot() function with different color than UPPER line.Finally, The MID variable calculates midpoint between UPPER and LOWER channels by taking their average. It too gets plotted using plot() function but has different color than both UPPER & LOWER lines.

Today, what I'm going to introduce is a technical indicator that I think is quite in line with the indicator displayed by Tang - Fibonacci Bands with ATR. This indicator combines Bollinger Bands and Average True Range (ATR) to provide insights into market volatility and potential price reversals. Sounds complicated, right? Don't worry, I will explain it to you in the simplest way.First, let's take a look at how Fibonacci Bands are constructed. They are similar to Bollinger Bands and consist of three lines: upper band, middle band (usually a 20-period simple moving average), and lower band. The difference is that Fibonacci Bands use ATR to calculate the distance between the upper and lower bands and the middle band.Next is a key factor - ATR multiplier. We need to smooth the ATR using Welles Wilder's method. Then, by multiplying the ATR by a Fibonacci multiplier (e.g., 1.618), we get the upper band, called the upper Fibonacci channel. Similarly, multiplying the ATR by another Fibonacci multiplier (e.g., 0.618 or 1.0) gives us the lower band, called the lower Fibonacci channel.Now, let's see how Fibonacci Bands can help us assess market volatility. When the channel widens, it means that market volatility is high, while a narrow channel indicates low market volatility. This way, we can determine the market's activity level based on the width of the channel.In addition, when the price touches or crosses the Fibonacci channel, it may indicate a potential price reversal, similar to Bollinger Bands. Therefore, using Fibonacci Bands in trading can help us capture potential buy or sell signals.In summary, Fibonacci Bands with ATR is an interesting and practical technical indicator that provides information about market volatility and potential price reversals by combining Bollinger Bands and ATR. Remember, make good use of these indicators and apply them flexibly in trading! This code is a TradingView indicator script used to plot L3 Fibonacci Bands With ATR.First, the indicator function is used to define the title and short title of the indicator, and whether it should be overlaid on the main chart.Then, the input function is used to define three input parameters: MA type (maType), MA length (maLength), and data source (src). There are four options for MA type: SMA, EMA, WMA, and HMA. The default values are SMA, 55, and hl2 respectively.Next, the moving average line is calculated based on the user's selected MA type. If maType is 'SMA', the ta.sma function is called to calculate the simple moving average; if maType is 'EMA', the ta.ema function is called to calculate the exponential moving average; if maType is 'WMA', the ta.wma function is called to calculate the weighted moving average; if maType is 'HMA', the ta.hma function is called to calculate the Hull moving average. The result is then assigned to the variable ma.Then, the _atr variable is used to calculate the ATR (Average True Range) value using ta.atr, and multiplied by different coefficients to obtain four Fibonacci bias values: fibo_bias4, fibo_bias3, fibo_bias2, and fibo_bias1.Finally, the prices of the upper and lower four Fibonacci bands are calculated by adding or subtracting the corresponding Fibonacci bias values from the current price, and plotted on the chart using the plot function.