Five-in-one Strategy combines five analytical tools into a single price chart overlay: the Dual Thrust Trading Algorithm (DTTA), Semafore, HalfTrend, Nick Rypock Trailing Reverse, and Tweezer or Kangaroo Tail candlestick patterns. It generates trade signals us
Indicator · Pine Script v5 · On the chart
merge Humble LinReg Candles and UT Bot Alerts
This indicator overlays linear regression candles and a UT Bot style ATR trailing stop on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code101
Settings8inputs
LicenceNone stated
Last update3 years ago15 Jun 2023
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
When linear regression is enabled, open, high, low and close are replaced by regression values, and rising candles are green while falling candles are red. Buy and sell states combine candle direction, body size versus a three-bar average, and a session window. Exits use ATR trailing-stop crossovers outside that session. Sensitivity, ATR period, regression length, Heikin Ashi source and signal smoothing are the main settings. It is an indicator and does not place orders.
- Linear regression OHLC candles
- ATR trailing stop signals
- Session time filter
- Optional Heikin Ashi source
- Signal smoothing length
Details
Published by
spawnaga on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Candlestick patterns, Volatility & bands, Trend, Sessions & time
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Session Time | string | 0000-2359 | sessionTime |
| Signal Smoothing | int | 7 | signal_length |
| Exponential MA (Signal Line) | bool | true | sma_signal |
| Key Vaule. 'This changes the sensitivity' | int | 2 | a |
| ATR Period | int | 11 | c |
| Signals from Heikin Ashi Candles | bool | false | h |
| Lin Reg | bool | true | lin_reg |
| Linear Regression Length | int | 11 | linreg_length |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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