OPEN-SOURCE SCRIPT

Dynamic Bern Trail

Actualizado
This indicator will help you following price movements in trending or ranging markets. Within it's calculations it uses ATR, EMA with a smoothing effect. It includes a buffer zone to help determine where price may turn around and reverse or to identify when a breakout occurs by breaking through the ATR trail. You can customize and play around with several settings to adjust it for your asset. Adjustments that can be made besides visuals are ATR Length, ATR Multiplier, EMA Length, Smoothing Length and the Buffer Multiplier.
Notas de prensa
Multi-timeframe added. Also you can now choose between EMA, SMA, RMA, HMA, DEMA and TMA for the main plot. When first created only the EMA was used, so you might have to change some of the other settings when choosing your desired Moving average.
Notas de prensa
Added a current "ADX" label level reading. It will update with each new bar that is produced. (So be careful on higher timeframes)
50 and above is Blue = "Really strong trend"
50 - 25 is Purple = "Strong trend"
25 - 20 is Gray = "Neutral" Keep an eye out.
20 and Below is Red =" Weak or no trend"
Note: Please remember the ADX does not keep trend direction in mind, you can have a high reading of 50 and price is decreasing. Meaning its a strong trend to the downside.
You can switch the ADX label On/Off.
Notas de prensa
Clean code.
Notas de prensa
Typo fixed.
Notas de prensa
Added VWMA and WMA to the MA Type options.
Moving AveragesTrend AnalysisVolatility

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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