OPEN-SOURCE SCRIPT
Adaptive Daytrade Signal
This is an adaptive day trading signal that analyzes market conditions using ADX+EMA; in trending markets, it automatically switches to VWAP+EMA to follow the trend on pullbacks, and in ranging markets, it switches to RSI + Bollinger Bands for counter-trend trading.
Recommended timeframes: 3- to 15-minute charts; Instruments: Nikkei 225 futures, S&P 500; for individual stocks, high-volume large-cap stocks; Session restrictions: For individual stocks, it’s effective to wait and see for the first 30 minutes after the open (adjust using “Limit to session”)
The key feature is that it automatically assesses market conditions and switches trading strategies accordingly. The chart background color lets you see the current market phase at a glance (green = uptrend, red = downtrend, gray = range-bound).
In trending phases (trend-following), the system waits for pullbacks or retracements to the EMA9 and enters only when the price is moving in the same direction as the VWAP. This is a classic approach in stock day trading and offers a good balance between win rate and potential profit.
In ranging phases (counter-trend), the system targets rebounds at the outer bands of the Bollinger Bands combined with RSI overbought conditions. Since attempting to follow the trend when there is no clear trend can result in being caught in a round-trip loss, the system automatically switches to this strategy when the ADX is weak.
In line with our opportunity-focused risk management policy, we set stop-losses relatively tight (based on the most recent swing or ATR × 1.0) and use a two-tiered profit-taking strategy: TP1 (1R) as a target for partial profit-taking, and TP2 (2.5R) to let profits run. Stop-loss and profit-taking lines are automatically displayed on the chart.
Since all parameters are adjustable, by adjusting the two settings—ADX trend threshold (trend detection sensitivity) and Volume vs. avg (volume filter)—you can balance the frequency of signals between prioritizing opportunities and prioritizing accuracy.
This indicator is calculated based on closing price candlesticks and does not use `request.security`, so there is no risk of repainting. However, signals are confirmed once the candlestick closes, and labels are displayed after the candlestick closes.
Recommended timeframes: 3- to 15-minute charts; Instruments: Nikkei 225 futures, S&P 500; for individual stocks, high-volume large-cap stocks; Session restrictions: For individual stocks, it’s effective to wait and see for the first 30 minutes after the open (adjust using “Limit to session”)
The key feature is that it automatically assesses market conditions and switches trading strategies accordingly. The chart background color lets you see the current market phase at a glance (green = uptrend, red = downtrend, gray = range-bound).
In trending phases (trend-following), the system waits for pullbacks or retracements to the EMA9 and enters only when the price is moving in the same direction as the VWAP. This is a classic approach in stock day trading and offers a good balance between win rate and potential profit.
In ranging phases (counter-trend), the system targets rebounds at the outer bands of the Bollinger Bands combined with RSI overbought conditions. Since attempting to follow the trend when there is no clear trend can result in being caught in a round-trip loss, the system automatically switches to this strategy when the ADX is weak.
In line with our opportunity-focused risk management policy, we set stop-losses relatively tight (based on the most recent swing or ATR × 1.0) and use a two-tiered profit-taking strategy: TP1 (1R) as a target for partial profit-taking, and TP2 (2.5R) to let profits run. Stop-loss and profit-taking lines are automatically displayed on the chart.
Since all parameters are adjustable, by adjusting the two settings—ADX trend threshold (trend detection sensitivity) and Volume vs. avg (volume filter)—you can balance the frequency of signals between prioritizing opportunities and prioritizing accuracy.
This indicator is calculated based on closing price candlesticks and does not use `request.security`, so there is no risk of repainting. However, signals are confirmed once the candlestick closes, and labels are displayed after the candlestick closes.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.