OPEN-SOURCE SCRIPT
TS-DASH-v3.0 - Signal Arrows
Overview
The TS-DASH-v3.0 - Signal Arrows is a chart overlay indicator designed specifically to act as a visual companion to the 13 - TS-DASH-v3.0 dashboard.
What it Does
It prints clear bullish (green) and bearish (red) signal arrows directly on your price chart to identify potential trade entries. Rather than relying on a single calculation, the indicator acts as a "confluence engine." It continuously evaluates a basket of technical metrics and market internals, generating a signal only when a user-defined minimum number of these forces align in the same direction.
Key Features (High-Level):
Multi-Factor Confluence: It grades market conditions by aggregating data from moving average alignment, momentum flow, trend strength, cumulative volume delta (buying vs. selling pressure), and broader market internals.
Signal Confirmation: To reduce noise and false breakouts, the indicator requires the aligned conditions to hold for a set number of consecutive bars before officially plotting an arrow.
Smart "Kill Switch": A built-in risk management filter that automatically blocks signals during unfavorable or risky trading environments. This includes filtering out choppy times of day, low-volume periods, and adverse macroeconomic environments (such as sudden shifts in volatility structures or bond yields).
Customizable: Traders can toggle individual metrics and safety filters on or off to tailor the strictness of the signals to their personal strategy.
The TS-DASH-v3.0 - Signal Arrows is a chart overlay indicator designed specifically to act as a visual companion to the 13 - TS-DASH-v3.0 dashboard.
What it Does
It prints clear bullish (green) and bearish (red) signal arrows directly on your price chart to identify potential trade entries. Rather than relying on a single calculation, the indicator acts as a "confluence engine." It continuously evaluates a basket of technical metrics and market internals, generating a signal only when a user-defined minimum number of these forces align in the same direction.
Key Features (High-Level):
Multi-Factor Confluence: It grades market conditions by aggregating data from moving average alignment, momentum flow, trend strength, cumulative volume delta (buying vs. selling pressure), and broader market internals.
Signal Confirmation: To reduce noise and false breakouts, the indicator requires the aligned conditions to hold for a set number of consecutive bars before officially plotting an arrow.
Smart "Kill Switch": A built-in risk management filter that automatically blocks signals during unfavorable or risky trading environments. This includes filtering out choppy times of day, low-volume periods, and adverse macroeconomic environments (such as sudden shifts in volatility structures or bond yields).
Customizable: Traders can toggle individual metrics and safety filters on or off to tailor the strictness of the signals to their personal strategy.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Discord: discord.gg/MM7wCHV7gB
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Discord: discord.gg/MM7wCHV7gB
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.