Introduction: The Oasis Trading Suite is a TradingView indicator designed to make following trend and finding key pivot points very easy. It provides the trader with advanced trend coloring for candles, pivot points both high and low, and a trail that will follow price and give signals when a “buy the dip” or “sell the rally” opportunity is presented.
Part One: Candle Coloring The Oasis Trading Suite colors candles based on a trending bullish or bearish bias; this will override the default red/green coloring of candles which is based on closes. Bullish Candles will be denoted with a green color by default. Bearish Candles will be denoted with a red color by default. Neutral Candles will be denoted with a gray candle by default. These are candles that do not have a trending bias.
Part Two: Pivots In addition to the normal red/green/gray candles there are also blue and orange candles. These candles are pivot bars. Blue bars denote Bottom Pivots Orange bars denote Top Pivots These pivots are not exactly support and resistance, but more of a zone of influence. They can act as support and resistance, swing zones, and breakout points. These are not standard pivots, they do not repaint, they form live and once closed will not move candles.
Part Three: Trail Finally, the Oasis Trading Suite gives the trader a trailing line that will turn green or red depending on trend. If price falls to the trail and the low (for green trail) is the only thing below the trail it will give a “buy the dip” signal. If the high (for red trail) is the only thing above the trail it will give a “sell the rally” signal. This trail is slightly lagging, so when trend is shifting there will sometimes be false signals at the final shifting point. I am experimenting with removing as many as possible using the “Strict Mode” found in the input settings for the Oasis Trading Suite.
Buy the Dip will be denoted by a Blue Arrow Sell the Rally will be denoted by an Orange Arrow
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Notas de prensa
NEW ALERTS FOR PIVOTS, BUY THE DIP/SELL THE RALLY ARROWS, AND NEW BULLISH/BEARISH TREND FORMED.
Notas de prensa
Fixed alert bug for pivot high and low Added new alerts for Trail flipping bullish/bearish
Notas de prensa
Added Daily, Weekly, Monthly, Quarterly, and Yearly Open-High-Low Levels.
Notas de prensa
Removed the OHL levels that I just added because they were making the indicator very laggy.
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