PROTECTED SOURCE SCRIPT
Kuberaksh
Kuberaksh is a dynamic, trend-following indicator designed to identify market direction and potential reversals with high clarity. Built on the core logic of the HalfTrend, this script provides traders with clean, actionable signals and visual confirmation of channel deviation.
🔑 Key Features & Logic
Adaptive Trend Detection: The indicator calculates the main trend line (ht) by tracking the price using an Average True Range (ATR) and combining it with Exponential Moving Average (EMA) principles applied to the highest and lowest prices.
Deviation Ribbons: It plots dynamic ATR High and ATR Low ribbons around the HalfTrend line, colored green (buy) or red (sell), which visually represent the current market volatility and channel extremes.
Reversal Signals: Clear Buy and Sell signals are generated when the price breaks the prior trend channel and the internal high/low tracking confirms a switch in direction. These signals are marked by arrows and optional labels.
🔑 Key Features & Logic
Adaptive Trend Detection: The indicator calculates the main trend line (ht) by tracking the price using an Average True Range (ATR) and combining it with Exponential Moving Average (EMA) principles applied to the highest and lowest prices.
Deviation Ribbons: It plots dynamic ATR High and ATR Low ribbons around the HalfTrend line, colored green (buy) or red (sell), which visually represent the current market volatility and channel extremes.
Reversal Signals: Clear Buy and Sell signals are generated when the price breaks the prior trend channel and the internal high/low tracking confirms a switch in direction. These signals are marked by arrows and optional labels.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.