Tradewhatyousee

Step Rider Release Note: Idea of this script is to ride on the trend. Multiple dynamic support and resistance are identified and those levels are used Step Lines: There are 3 different periods by default are used to define 3 different step lines. On any trend, either of these 3 steps shall play major role Color Strength: Change in Red & Green color and its thickness changed based on how strong the up or down trend is. Disclaimer: //Disclaimer: Idea of publishing this script is to identify the strength of the instrument using multiple confirmation. //Disclaimer: Using this indicator, changing inputs, and trading decisions are up to the users/traders. //Courtesy: Thanks to Richard Donchian, Alan Hull as this indicator/script inspired by Donchian Channels, Hull Moving Average

Indicator

Donchian Blaster Release Note: Keeping in mind of getting full potential of Donchian Channels, As part of this script, Linear Regression is used as primary source to identify trend and execute the trades. Hull Moving Average given as alternative option in place of Linear regression. Linear Regression: Linear regression used to identify trend, trade setup, and stop. Based on this, Color fillings on Donchian channels is updated. That will give clear idea of strength or weakness in any trading instruments. HMA: HMA used as alternative to identify trend, trade setup, and stop. Based on this, Color fillings on Donchian channels is updated. That will give clear idea of strength or weakness in any trading instruments. Donchian Channels: As it is one of the oldest trend riding system, combined here with differentiation in color will help to go with the trend. Inputs: Input periods can be changed by users/traders as per their understanding and observations. //Disclaimer: Idea of publishing this script is to identify the strength of the instrument using multiple confirmation. //Disclaimer: Using this indicator, changing inputs, and trading decisions are up to the users/traders. //Courtesy: Thanks to Richard Donchian, Alan Hull, and author of LSMA as this indicator/script inspired by Donchian Channels, Hull Moving Average, and LSMA

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Adjacent HMA Stop Release Note: This indicator script setup is published to identify the strength and ride the trends. HMA: HMA 100 period is used as default. However this can be changed as per wish. Major turning points or decisions can be made using this HMA line. Purple color is used to identify this. This can be used as the final extreme stop for any trend before it turns. Adjacent Line: Blue colored Adjacent line can be used to determine the trend strength or ride the trend till it slows down. When trending move happens it can be ride till the candles comes within this Adjacent line. And then sideways move or the moves between HMA & Adjacent line can be traded Stop: Dotted lines in Red and Green colors are used as very tight stop. This can be also used as first level of profit booking when very strong move happens. Trend View: There is an optional 'Trend View' which can be used to determined the trend. Disclaimer: //This script/indicator published with the idea of finding the strength of any instruments. Trade decisions and execution are up to the traders/users as per their understanding //Courtesy: Thanks to Alan Hull and Richard Donchian as some of the concepts are inspired from them

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Modified Donchian Channel Release Note: This indicator setup highly inspired by Donchian Channel and Hull Moving Average. Big thanks to both Richard Donchian and Alan Hull. Back test and live test it and come to conclusion of how to use this indicator for live trading. 200 HMA: 200 Hull Moving Average plays major role in deciding the right trades using Donchian Channel. As part of this setup, If price is below 200 HMA, then the Donchian Channel is highlighted in Red color If price is above 200 HMA, then the Donchian Channel is highlighted in Green color Donchian Channel: Default 20 period is used for the Donchian channel. However, the color highlight as per 200 HMA position. Also, the middle basis color changes to Green and Red based on candle close of above or below. Additionally, 5 period Donchian basis is used as tight stop loss. This can be used wisely or optionally based on trade decisions Disclaimer: //Idea of publishing this script is to identify the strength of the instrument using multiple confirmation. //Using this indicator, changing inputs, and trading decisions are up to the users/traders. //Courtesy: Thanks to Richard Donchian and Alan Hull as this indicator/script inspired by Donchian Channels and Hull Moving Average

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Candle Color Generator Candle Color Generator: This indicator is designed to highlight the candle colors based on the combinations of Parabolic SAR (PSAR) and 2 Hull Moving Averages (HMA). Colors: Yellow, Red, and Green colors are used to describe the candle colors depends on its position to PSAR and 2 HMAs. PSAR: PSAR position above or below candle position is differentiated by Red and Green colors HMAs: As default settings 20 HMA is considered as lower period and 50 HMA is considered period for the calculation Trade What You See: This indicator will help to see how the setup of particular instrument coming up. Users/Traders can use and trade based on what they see and interpret from it. Disclaimer: Idea of publishing this script is to identify the strength of the instrument using multiple confirmation. Using this indicator, changing inputs (show/hide/change period), and trading decisions are up to the users/traders. Courtesy: Thanks to inventors of HMA (Alan Hull), PSAR(Welles Wilder) as these inputs are used to make some calculations

Indicator

Trade_WhatYouSee_byCK Trade What You See: This script/indicator is designed with the main purpose of identifying the strength of the instrument. Description added at each methods. Inputs can be changed by users as per their own rules as per their matching style. Happy Trading! PSAR: Default PSAR setting is used with the marking of red and green as per position of above or below candle. This will help to identify the current strength ATR: ATR based calculation used to identify ATR strength and its zone. This will help to double confirm the strength 2 EMA: There are 2 EMAs are used here to see the crossover and the strength of the candle. Disclaimer: Combination of these multiple strength identification may help the users/traders to see the strength of the instrument. That is the main and sole purpose of publishing this indicator. Changing the inputs, taking trading decisions are up to each individual users/traders.

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