PROTECTED SOURCE SCRIPT
[SK] Scouter
Updated
Welcome to the Scouter Indicator
What you will enjoy the most out of this big combo breaker are the many configuration options that will enable you to play around and explore different ideas that will help you find patterns more easily while keeping a sexy modern aesthetic, in a single indicator selection. The name gets pretty long so you'll want to collapse the indicators list with the dropdown arrow provided underneath it.
Below is the list of the different building blocks of the indicator and the available settings for each.
3Moving Averages -------------------------------
Configuration:
* Toggle On/Off
* Length of data
* Source of data
* 4 Types of averages to choose from:
-- Weighted
-- Exponential
-- Simple
-- Volume Weighted
* Crossovers
-- Moving Average 2
-- Moving Average 3
-- VWAP
-- Source of data
-- OFF to disable
* Color
VWAP --------------------------------------------
Configuration:
* Toggle on/off
* Source of data
* Crossovers
-- Moving Average 1
-- Moving Average 2
-- Moving Average 3
-- Source of data
-- OFF to disable* Color
Action Cloud -----------------------------------
Select 2 plots from the indicators configured to create a filled cloud.
Whenever the bottom edge crosses over the top edge the fill color changes to the 'Down' color.
* Toggle on/off
* Top / Bottom Edge Source
-- Moving Average 1
-- Moving Average 2
-- Moving Average 3
-- VWAP
-- Keltner Boll Midline
-- Bollinger Top
-- Bollinger Bottom
-- Keltner Top
-- Keltner Bottom
* Color Up / Down
Keltner Boll Clouds --------------------------
These are cloud fills that resemble trends or golden areas in the price action.
It's up to interpretation, play around with them and see how useful they can be for your own trading.
North cloud is created from the top of the Bollinger to the Top of the Kernel
South cloud is created from the bottom of the Kernel to the bottom of the Bollinger
Configuration:
* Toggle on/off
* Source of data
* Length of data
* Keltner Multiplier
* Bollinger Deviation
* Cloud style ( Fill, Bands )
* Cloud Transparency
* Show / Hide Midline moving average
* Type of moving average used
* Moving Average Crossovers
What you will enjoy the most out of this big combo breaker are the many configuration options that will enable you to play around and explore different ideas that will help you find patterns more easily while keeping a sexy modern aesthetic, in a single indicator selection. The name gets pretty long so you'll want to collapse the indicators list with the dropdown arrow provided underneath it.
Below is the list of the different building blocks of the indicator and the available settings for each.
3Moving Averages -------------------------------
Configuration:
* Toggle On/Off
* Length of data
* Source of data
* 4 Types of averages to choose from:
-- Weighted
-- Exponential
-- Simple
-- Volume Weighted
* Crossovers
-- Moving Average 2
-- Moving Average 3
-- VWAP
-- Source of data
-- OFF to disable
* Color
VWAP --------------------------------------------
Configuration:
* Toggle on/off
* Source of data
* Crossovers
-- Moving Average 1
-- Moving Average 2
-- Moving Average 3
-- Source of data
-- OFF to disable* Color
Action Cloud -----------------------------------
Select 2 plots from the indicators configured to create a filled cloud.
Whenever the bottom edge crosses over the top edge the fill color changes to the 'Down' color.
* Toggle on/off
* Top / Bottom Edge Source
-- Moving Average 1
-- Moving Average 2
-- Moving Average 3
-- VWAP
-- Keltner Boll Midline
-- Bollinger Top
-- Bollinger Bottom
-- Keltner Top
-- Keltner Bottom
* Color Up / Down
Keltner Boll Clouds --------------------------
These are cloud fills that resemble trends or golden areas in the price action.
It's up to interpretation, play around with them and see how useful they can be for your own trading.
North cloud is created from the top of the Bollinger to the Top of the Kernel
South cloud is created from the bottom of the Kernel to the bottom of the Bollinger
Configuration:
* Toggle on/off
* Source of data
* Length of data
* Keltner Multiplier
* Bollinger Deviation
* Cloud style ( Fill, Bands )
* Cloud Transparency
* Show / Hide Midline moving average
* Type of moving average used
* Moving Average Crossovers
Release Notes
- Added colored fills between the moving averages when crossing down for easier to read signals and a splash of sexy.
- With this I removed the "action cloud" feature as these pretty much replace it, look nicer and is easier on config.
- Cleaned up configurations panel, removed unnecessar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.