INVITE-ONLY SCRIPT
Candle Surf Signal
Updated
This script works very well for all assets across various timeframe charts. Good for use with scalping, long term swings, or in combination with multi-timeframe trading.
Surf the candles!
Surf the candles!
Release Notes
This script is an improvement to the original Candle Surf indicator. This version allows for better custom control over period length and channel length. Typically both numbers are set to the same, but you can experiment by changing them to be different if you want.This script works well for all assets across various timeframe charts. Good for use with scalping, long term swings, or in combination with multi-timeframe trading.
Green arrows and green backgrounds indicate a buy condition.
Red arrows and red backgrounds indicate a sell condition.
Typically you would enter trades at the beginning of a new series of green arrows/red arrows. Successive arrows of same color indicate the condition is still true. No colored backgrounds with no arrows indicate a neutral condition.
Surf the candles!
Release Notes
Symbol change, timeframe changeRelease Notes
Title edit, input label edits.Release Notes
Added candle filters. Candles opposing the signal direction are now "neutral", showing no signal or background coloring.Updated chart to Coinbase:
BTCUSD 1WRelease Notes
Added fast/slow length controls for convergences/divergencesAdded MA smoothing
******recommended to keep the same ratios of the settings inputs. For example, default settings are 20,40,20. If you want the indicator to react faster, lower the numbers but be sure to maintain the same ratio: 10,20,10 or 5,10,5 or 7,14,7....etc.******
Release Notes
Renaming of settings labelsRelease Notes
Edited Moving Average settingRelease Notes
Added momentum threshold settingRelease Notes
Updated code to V4 PinescriptRelease Notes
Updated V4 code, input labelingRelease Notes
New Labeling and Signal Indications.Release Notes
Updated to Version 5 Pinescript. Improved accuracy changes.Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Xylochef for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″Contact me for access to this script. Once you have access, you can add it to any chart. It works well with any type of trading style. I use it primarily for cryptocurrency and forex trading! Message me and I will train you how to use it and set it up!
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Warning: please read before requesting access.
Disclaimer
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