The MA Sabres indicator is designed to identify potential trend reversals based on the behavior of a moving average (MA). It leverages visual cues to mark key areas on the chart, making it easier for traders to spot opportunities and manage trades effectively.
Purpose of MA Sabres
- Detect Trend Reversals:
- The indicator tracks a selected moving average (e.g., TEMA or another MA type) and identifies moments when:
- The trend shifts after maintaining a consistent direction for a specified number of bars.
- Areas of potential reversals are highlighted on the chart.
- The indicator tracks a selected moving average (e.g., TEMA or another MA type) and identifies moments when:
- Visual Representation:
- It plots dynamic “sabres” that act as visual markers of trend change zones.
- The “sabres” are curved lines created by connecting multiple points, representing the anticipated reversal region.
- Customizable Parameters:
- Choose the type of moving average and adjust its length.
- Configure the sensitivity of trend detection using customizable settings.
Key Parameters
len: The length of the moving average (default: 50).count: The minimum number of consecutive bars required to confirm a trend direction.UseTEMA: Toggle between TEMA or other MA types.MaType: Specify the type of moving average when not using TEMA.
How it Works
- Calculate the Moving Average:
- Based on the configuration, it uses either a TEMA or a selected MA to track price movements.
- Detect Trend Behavior:
- Identifies when the MA reaches a local extreme or starts changing direction.
- Tracks upward (rising) and downward (falling) trends using historical data.
- Draw “Sabres”:
- When a reversal is detected, the indicator calculates a series of points to create a parabola-like shape.
- These points are plotted as curved segments on the chart to mark potential trend change zones.
How to Use MA Sabres
- Configure the Indicator:
- Choose between TEMA or other moving averages and set the
lenparameter for your desired timeframe.
- Choose between TEMA or other moving averages and set the
- Monitor Trend Reversals:
- Observe the chart for “sabres” marking potential reversal points.
- Adapt and Customize:
- Modify the sensitivity (
count) and type of moving average to suit different market conditions.
- Modify the sensitivity (
Conclusion:
The MA Sabres indicator provides a unique way to visualize trend reversals with dynamic visual markers. It is a versatile tool for both novice and experienced traders to gain insights into market movements and optimize their trading strategies.
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//-------------------------------------// //PRC_MA Sabres //version = 0 //09.12.2024 //Iván González @ www.prorealcode.com //Sharing ProRealTime knowledge //-------------------------------------// // Inputs //-------------------------------------// len=50 count=20 UseTEMA=1 MaType=2 //-------------------------------------// //Method MA //-------------------------------------// if UseTEMA then ma=tema[len](close) else ma=average[len,MaType](close) endif //-------------------------------------// //Calculations //-------------------------------------// // MA falling if ma<=lowest[count](ma) then fl=1 else fl=0 endif up=fl[1] and ma>ma[1] // MA rising if ma>=highest[count](ma) then rs=1 else rs=0 endif dn=rs[1] and ma<ma[1] //ATR calculation atr=averagetruerange[14](close) n=barindex //-------------------------------------// //Calculations //-------------------------------------// if up and summation[len](up)=1 then // Puntos fijos xx1 = n-1 xx9 = n+len yy1 = low[1] - atr / 15 yy9 = low[1] + atr * 2 // Calcular los puntos intermedios en X (división uniforme) xx2 = xx1 + (xx9 - xx1) * 1 / 8 xx3 = xx1 + (xx9 - xx1) * 2 / 8 xx4 = xx1 + (xx9 - xx1) * 3 / 8 xx5 = xx1 + (xx9 - xx1) * 4 / 8 xx6 = xx1 + (xx9 - xx1) * 5 / 8 xx7 = xx1 + (xx9 - xx1) * 6 / 8 xx8 = xx1 + (xx9 - xx1) * 7 / 8 // Ecuación cuadrática para Y (emular parábola) aa = (yy9 - yy1) / pow((xx9 - xx1), 2) // Calcular el coeficiente de la parábola yy2 = yy1 + aa * pow((xx2 - xx1), 2) yy3 = yy1 + aa * pow((xx3 - xx1), 2) yy4 = yy1 + aa * pow((xx4 - xx1), 2) yy5 = yy1 + aa * pow((xx5 - xx1), 2) yy6 = yy1 + aa * pow((xx6 - xx1), 2) yy7 = yy1 + aa * pow((xx7 - xx1), 2) yy8 = yy1 + aa * pow((xx8 - xx1), 2) // Dibujar segmentos drawsegment(xx1,yy1,xx2,yy2)coloured("blue") drawsegment(xx3,yy3,xx2,yy2)coloured("blue") drawsegment(xx3,yy3,xx4,yy4)coloured("blue") drawsegment(xx5,yy5,xx4,yy4)coloured("blue") drawsegment(xx5,yy5,xx6,yy6)coloured("blue") drawsegment(xx7,yy7,xx6,yy6)coloured("blue") drawsegment(xx7,yy7,xx8,yy8)coloured("blue") drawsegment(xx9,yy9,xx8,yy8)coloured("blue") //DrawPoints drawpoint(xx1,yy1,1)coloured("blue") drawpoint(xx1,yy1,3)coloured("blue",70) drawpoint(xx1,yy1,5)coloured("blue",30) endif if dn and summation[len](dn) = 1 then // Puntos fijos x1 = n-1 x9 = n+len y1 = high[1] + atr / 15 y9 = high[1] - atr * 2 // Calcular los puntos intermedios en X (división uniforme) x2 = x1 + (x9 - x1) * 1 / 8 x3 = x1 + (x9 - x1) * 2 / 8 x4 = x1 + (x9 - x1) * 3 / 8 x5 = x1 + (x9 - x1) * 4 / 8 x6 = x1 + (x9 - x1) * 5 / 8 x7 = x1 + (x9 - x1) * 6 / 8 x8 = x1 + (x9 - x1) * 7 / 8 // Ecuación cuadrática para Y (emular parábola) a = (y9 - y1) / pow((x9 - x1), 2) // Calcular el coeficiente de la parábola y2 = y1 + a * pow((x2 - x1), 2) y3 = y1 + a * pow((x3 - x1), 2) y4 = y1 + a * pow((x4 - x1), 2) y5 = y1 + a * pow((x5 - x1), 2) y6 = y1 + a * pow((x6 - x1), 2) y7 = y1 + a * pow((x7 - x1), 2) y8 = y1 + a * pow((x8 - x1), 2) // Dibujar segmentos drawsegment(x1,y1,x2,y2)coloured("red") drawsegment(x3,y3,x2,y2)coloured("red") drawsegment(x3,y3,x4,y4)coloured("red") drawsegment(x5,y5,x4,y4)coloured("red") drawsegment(x5,y5,x6,y6)coloured("red") drawsegment(x7,y7,x6,y6)coloured("red") drawsegment(x7,y7,x8,y8)coloured("red") drawsegment(x9,y9,x8,y8)coloured("red") //DrawPoints drawpoint(x1,y1,1)coloured("red") drawpoint(x1,y1,3)coloured("red",70) drawpoint(x1,y1,5)coloured("red",30) endif return ma as "Moving Average" coloured("Grey")style(line,2) |
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Parece muy util. Gracias
de nada!
Ivan, riesci a creare un indicatore per le “evolventi paraboliche” ? grazie