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Aj Algo Trend

The document is a Pine Script code for a trading indicator called 'kyle algo v1', which utilizes Keltner Channels and Supertrend calculations to identify buy and sell signals. It includes user-defined inputs for sensitivity, Keltner channel length, and ATR length, and plots multiple Exponential Moving Averages (EMAs) on the chart. The script also includes alert conditions for buy and sell signals based on the crossover and crossunder of the price and the Supertrend indicator.

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Aj Deshmukh
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98 views

Aj Algo Trend

The document is a Pine Script code for a trading indicator called 'kyle algo v1', which utilizes Keltner Channels and Supertrend calculations to identify buy and sell signals. It includes user-defined inputs for sensitivity, Keltner channel length, and ATR length, and plots multiple Exponential Moving Averages (EMAs) on the chart. The script also includes alert conditions for buy and sell signals based on the crossover and crossunder of the price and the Supertrend indicator.

Uploaded by

Aj Deshmukh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=5

// by kyle algo v1
// This source code is subject to the terms of the Mozilla Public License 2.0 at
https://mozilla.org/MPL/2.0/
indicator("kyle algo v1", overlay=true, precision=0, explicit_plot_zorder=true,
max_labels_count=500)
// Get user input
sensitivity = input.float(2.8, " Sensitivity (0.5 - 10)", 0.5, 10, step=0.1)
emaEnergy = input.bool(true, "EMA Energy")
keltner_length = input(10, "Keltner Channel Length")
atrPeriod = input(10, "ATR Length")
factor = input.float(3.5, "Factor", step = 0.01)
// Keltner Channel function
keltner_channel(src, length) =>
ma = ta.sma(src, length)
rangec = high - low
upper = ma + rangec
lower = ma - rangec
[upper, lower]

// Modified Supertrend function using Keltner Channel


supertrend(_src, factor, atrLen, kel_length) =>
[upperKeltner, lowerKeltner] = keltner_channel(_src, kel_length)
rangec = upperKeltner - lowerKeltner
upperBand = _src + factor * rangec
lowerBand = _src - factor * rangec
prevLowerBand = nz(lowerBand[1])
prevUpperBand = nz(upperBand[1])
lowerBand := lowerBand > prevLowerBand or close[1] < prevLowerBand ?
lowerBand : prevLowerBand
upperBand := upperBand < prevUpperBand or close[1] > prevUpperBand ?
upperBand : prevUpperBand
int direction = na
float superTrend = na
prevSuperTrend = superTrend[1]

if na(rangec[1])
direction := 1
else if prevSuperTrend == prevUpperBand
direction := close > upperBand ? -1 : 1
else
direction := close < lowerBand ? 1 : -1
superTrend := direction == -1 ? lowerBand : upperBand
[superTrend, direction]
// Get Components
ema1 = ta.ema(high, 9)
ema2 = ta.ema(high, 12)
ema3 = ta.ema(high, 15)
ema4 = ta.ema(high, 18)
ema5 = ta.ema(high, 21)
ema6 = ta.ema(high, 24)
ema7 = ta.ema(high, 27)
ema8 = ta.ema(high, 30)
ema9 = ta.ema(high, 33)
ema10 = ta.ema(high, 36)
ema11 = ta.ema(high, 39)
ema12 = ta.ema(high, 42)
ema13 = ta.ema(high, 45)
ema14 = ta.ema(high, 48)
ema15 = ta.ema(high, 51)
// Colors
green = #2BBC4D, red = #C51D0B
emaEnergyColor(ma) => emaEnergy ? (close >= ma ? green : red) : na
// Plots
plot(ema1, "", emaEnergyColor(ema1), editable=false)
plot(ema2, "", emaEnergyColor(ema2), editable=false)
plot(ema3, "", emaEnergyColor(ema3), editable=false)
plot(ema4, "", emaEnergyColor(ema4), editable=false)
plot(ema5, "", emaEnergyColor(ema5), editable=false)
plot(ema6, "", emaEnergyColor(ema6), editable=false)
plot(ema7, "", emaEnergyColor(ema7), editable=false)
plot(ema8, "", emaEnergyColor(ema8), editable=false)
plot(ema9, "", emaEnergyColor(ema9), editable=false)
plot(ema10, "", emaEnergyColor(ema10), editable=false)
plot(ema11, "", emaEnergyColor(ema11), editable=false)
plot(ema12, "", emaEnergyColor(ema12), editable=false)
plot(ema13, "", emaEnergyColor(ema13), editable=false)
plot(ema14, "", emaEnergyColor(ema14), editable=false)
plot(ema15, "", emaEnergyColor(ema15), editable=false)
[supertrend, direction] = supertrend(close, sensitivity, 11, keltner_length)
bull = ta.crossover(close, supertrend)
bear = ta.crossunder(close, supertrend)
y1 = low - (ta.atr(30) * 2)
y2 = high + (ta.atr(30) * 2)
buy = bull ? label.new(bar_index, y1, "BUY", xloc.bar_index, yloc.price, green,
label.style_label_up, color.white, size.normal) : na
sell = bear ? label.new(bar_index, y2, "SELL", xloc.bar_index, yloc.price, red,
label.style_label_down, color.white, size.normal) : na
[supertrends, directions] = ta.supertrend(factor, atrPeriod)
bodyMiddle = plot((open + close) / 2, display=display.none)
// Trend Catcher Indicator (Example)
ema100 = ta.ema(close, 10)
ema200 = ta.ema(close, 20)
trendCatcher = ta.crossover(ema100, ema200) ? 1 : ta.crossunder(ema100, ema200) ? -
1 : 0
trendColor = trendCatcher == 1 ? color.rgb(90, 23, 102) : na
barcolor(trendColor)
// Colored candles
barcolor(color = close > supertrends ? color.rgb(102, 255, 0) : color.rgb(255, 0,
0))
// 添加警報條件
alertcondition(bull, title="Buy", message="Buy!")
alertcondition(bear, title="Sell", message="Sell!")

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