This indicator calculates pivot high and pivot low points on the price chart based on configurable left and right bar counts. Confirmed pivot highs and lows are plotted with negative bar offsets directly on the price chart using line and cross styles. Addition
Indicator · Pine Script v4 · On the chart
WE:TDI-TD L/S BTC 15min
Calculates long and short entry signals tailored for Bitcoin on the 15-minute timeframe using a combination of the Relative Strength Index (RSI), Traders Dynamic Index (TDI) bands, and TD Sequential counts.
GitHub stars10on the repository
Pine versionv4older, still runs
Lines of code235
Settings7inputs
LicenceNone stated
Last update5 years ago13 Jul 2021
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
WE:TDI-TD L/S BTC 15min triggers long signals when RSI falls below 21 and breaches the lower TDI band, and short signals when RSI rises above 74 and crosses the upper band. The script overlays entry markers along with configurable dollar-based take profit and stop loss lines directly on the price chart. Users can select preferred exit modes, including fixed price targets or TD 9 candle completions.
- TDI and RSI oversold/overbought entry signals
- TD Sequential 9-count exit integration
- Configurable multi-tier dollar take profit levels
- Historical take profit and stop loss overlay lines
Details
Published by
davro on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Support & resistance
Markets
Crypto
Timeframes
M15-H1
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Take Profit 1--Entry Price +/- | int | 550 | takeProfit_1 |
| Take Profit 2--Entry Price +/- | int | 1500 | takeProfit_2 |
| Take Profit 3--Entry Price +/- | int | 2300 | takeProfit_3 |
| Stop Loss------Entry Price +/- | int | 750 | stopLoss |
| Prefered TP | string | TP 2 OR TD 9 | takeProfitMode |
| Keep Last TP/SL lines | bool | false | keepLastLines |
| (History) Show Previous Take Profit & Stop Loss | bool | true | showPrevious |
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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