Miyagi STrend
Miyagi: The attempt at mastering something for the best results.
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
Miyagi STrend was created to allow traders the ability to both scalp and swing trade from as singular indicator. STrend aims to help traders catch more of the move.
STrend starts with the native TradingView SuperTrend indicator and adds in extra filtering in the form of the SuperTrend Oscillator (ST OSC), and an Adaptive Moving Average (AMA) - all of which are adjustable.
Entry conditions start with the following:
Long Entry: SuperTrend must be green (candles above SuperTrend), price above the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum +100.
Short Entry: SuperTrend must be red (candles below SuperTrend), price below the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum -100.
Exits are provided for both directions, long and short, when the SuperTrend Oscillator (ST OSC) hits maximum (+100/-100).
Please note the SuperTrend Oscillator (ST OSC) is not shown on the chart however is used for the final calculation to confirm entries.
We have added an "Entry on Exit" selector which allows users to enable entries on exit candles. This may allow more trades, however will incur more risk.
With "Entry on Exit" selected entry and exit alerts CAN fire in same candle and may require delays if using STrend as a swing indicator.
Without "Entry on Exit" selected entry and exit alerts CANNOT fire in same candle. This will produce less signals overall however may be safer for traders to use.
It would be best suited to utilize a stoploss when trading with Miyagi STrend to minimize risk.
Alerts are meant to fire on "Once per Bar Close" to confirm entry and exit signals.
Happy Trading!
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
Miyagi STrend was created to allow traders the ability to both scalp and swing trade from as singular indicator. STrend aims to help traders catch more of the move.
STrend starts with the native TradingView SuperTrend indicator and adds in extra filtering in the form of the SuperTrend Oscillator (ST OSC), and an Adaptive Moving Average (AMA) - all of which are adjustable.
Entry conditions start with the following:
Long Entry: SuperTrend must be green (candles above SuperTrend), price above the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum +100.
Short Entry: SuperTrend must be red (candles below SuperTrend), price below the Adaptive Moving Average (AMA), and lastly the SuperTrend Oscillator (ST OSC) at maximum -100.
Exits are provided for both directions, long and short, when the SuperTrend Oscillator (ST OSC) hits maximum (+100/-100).
Please note the SuperTrend Oscillator (ST OSC) is not shown on the chart however is used for the final calculation to confirm entries.
We have added an "Entry on Exit" selector which allows users to enable entries on exit candles. This may allow more trades, however will incur more risk.
With "Entry on Exit" selected entry and exit alerts CAN fire in same candle and may require delays if using STrend as a swing indicator.
Without "Entry on Exit" selected entry and exit alerts CANNOT fire in same candle. This will produce less signals overall however may be safer for traders to use.
It would be best suited to utilize a stoploss when trading with Miyagi STrend to minimize risk.
Alerts are meant to fire on "Once per Bar Close" to confirm entry and exit signals.
Happy Trading!
Информация о релизе:
Updated Stoploss conditions to fire exit alerts on ST trend change.
Информация о релизе:
Updated "Entry on Exit" default value to false.
Информация о релизе:
Update alert conditions
Информация о релизе:
Updated default values again
Информация о релизе:
Super Trend selector re-added.
Информация о релизе:
Added user defined above/below AMA % setting to filter out entries X% away from the AMA line.
No Long Above AMA % added on user selectable input.
No Short Below AMA % added on user selectable input.
No Long Above AMA % added on user selectable input.
No Short Below AMA % added on user selectable input.
Информация о релизе:
Re-added all inputs
Информация о релизе:
Added HTF 1,2,3 on selector switches to allow STrend users to trade with the trend of the higher timeframes.
HTF's must be larger values than the chart timeframe.
If all timeframes agree = signals allowed
HTF's must be larger values than the chart timeframe.
If all timeframes agree = signals allowed
Информация о релизе:
Entry on Exit fix for HTF's
Информация о релизе:
Added RSI Filtering to filter signals.
RSI Maximum can be used to avoid late longs if RSI > RSI Maximum.
RSI Minimum can be used avoid shorts near bottoms if RSI < RSI Minimum.
RSI Maximum can be used to avoid late longs if RSI > RSI Maximum.
RSI Minimum can be used avoid shorts near bottoms if RSI < RSI Minimum.
Информация о релизе:
RSI Update
Информация о релизе:
Naming conventions
Информация о релизе:
RSI Long/Short separation
Информация о релизе:
Update for Outbound Signal Sender - Backtesting
Информация о релизе:
MFI Update
Информация о релизе:
MFI Updates for min/max long and short separation
Информация о релизе:
Added Volume and Time Filter
Информация о релизе:
Update for MFI
Информация о релизе:
RSI Tooltip updates
Информация о релизе:
External Source upgrade for backtester
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