FVG Breakout/BreakdownThe FVG Breakout/Breakdown indicator is designed to identify potential breakout and breakdown opportunities in the market, based on the concept of Fair Value Gaps (FVGs). FVGs are areas where price moves too quickly, leaving behind gaps between candlesticks, often seen as areas of inefficiency or imbalance that the market tends to revisit.
Key Concepts:
Fair Value Gaps (FVG):
FVG occurs when a price gap is created between candlesticks, typically when the high of one candle is lower than the low of the previous candle (for a bearish FVG) or the low of one candle is higher than the high of the previous candle (for a bullish FVG).
These gaps represent an imbalance between buying and selling pressure, and the market often revisits them, making them valuable for identifying potential entry points.
Bullish FVG: This occurs when the low of the current candle is higher than the high of the previous candle.
Condition: low > high
Bearish FVG: This occurs when the high of the current candle is lower than the low of the previous candle.
Condition: high < low
Breakout/Breakdown Signals:
Breakout: A bullish breakout signal occurs when the price breaks above a defined resistance level after an FVG gap. This suggests that the market may continue moving higher.
Breakdown: A bearish breakdown signal occurs when the price breaks below a defined support level after an FVG gap. This suggests that the market may continue moving lower.
NWOG (New Week Opening Gap):
The NWOG can be used as an additional factor to confirm the FVG signal. The gap between Friday's close and Monday's open is a crucial level for identifying the start of a new move for the week.
NWOG helps to further refine the timing of breakout or breakdown signals, only triggering them when price moves relative to the Monday Open and shows a new direction.
Chart patterns
FVG at NWOGFVG at NWOG (Fair Value Gap at New Week Opening Gap)
This concept combines two key ideas:
New Week Opening Gap (NWOG)
Fair Value Gap (FVG)
When we combine these two concepts, we are looking for Fair Value Gaps (which indicate market inefficiencies or price imbalances) that occur around the New Week Opening Gap. This can provide insight into potential breakout or breakdown opportunities for the next trading week.
NWOG with FVGThe New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a trading tool designed to analyze price action and detect potential support, resistance, and trade entry opportunities based on two significant concepts:
New Week Opening Gap (NWOG): The price range between the high and low of the first candle of the new trading week.
Fair Value Gap (FVG): A price imbalance or gap between candlesticks, where price may retrace to fill the gap, indicating potential support or resistance zones.
When combined, these two concepts help traders identify key price levels (from the new week open) and price imbalances (from FVGs), which can act as powerful indicators for potential market reversals, retracements, or continuation trades.
1. New Week Opening Gap (NWOG):
Definition:
The New Week Opening Gap (NWOG) refers to the range between the high and low of the first candle in a new trading week (often, the Monday open in most markets).
Purpose:
NWOG serves as a significant reference point for market behavior throughout the week. Price action relative to this range helps traders identify:
Support and Resistance zones.
Bullish or Bearish sentiment depending on price’s relation to the opening gap levels.
Areas where the market may retrace or reverse before continuing in the primary trend.
How NWOG is Identified:
The high and low of the first candle of the new week are drawn on the chart, and these levels are used to assess the market's behavior relative to this range.
Trading Strategy Using NWOG:
Above the NWOG Range: If price is trading above the NWOG levels, it signals bullish sentiment.
Below the NWOG Range: If price is trading below the NWOG levels, it signals bearish sentiment.
Price Touching the NWOG Levels: If price approaches or breaks through the NWOG levels, it can indicate a potential retracement or reversal.
2. Fair Value Gap (FVG):
Definition:
A Fair Value Gap (FVG) occurs when there is a gap or imbalance between two consecutive candlesticks, where the high of one candle is lower than the low of the next candle (or vice versa), creating a zone that may act as a price imbalance.
Purpose:
FVGs represent an imbalance in price action, often indicating that the market moved too quickly and left behind a price region that was not fully traded.
FVGs can serve as areas where price is likely to retrace to fill the gap, as traders seek to correct the imbalance.
How FVG is Identified:
An FVG is detected if:
Bearish FVG: The high of one candle is less than the low of the next (gap up).
Bullish FVG: The low of one candle is greater than the high of the next (gap down).
The area between the gap is drawn as a shaded region, indicating the FVG zone.
Trading Strategy Using FVG:
Price Filling the FVG: Price is likely to retrace to fill the gap. A reversal candle in the FVG zone can indicate a trade setup.
Support and Resistance: FVG zones can act as support (in a bullish FVG) or resistance (in a bearish FVG) if the price retraces to them.
Combined Strategy: New Week Opening Gap (NWOG) and Fair Value Gap (FVG):
The combined use of NWOG and FVG helps traders pinpoint high-probability price action setups where:
The New Week Opening Gap (NWOG) acts as a major reference level for potential support or resistance.
Fair Value Gaps (FVG) represent market imbalances where price might retrace to, filling the gap before continuing its move.
Signal Logic:
Buy Signal:
Price touches or breaks above the NWOG range (indicating a bullish trend) and there is a bullish FVG present (gap indicating a support area).
Price retraces to fill the bullish FVG, offering a potential buy opportunity.
Sell Signal:
Price touches or breaks below the NWOG range (indicating a bearish trend) and there is a bearish FVG present (gap indicating a resistance area).
Price retraces to fill the bearish FVG, offering a potential sell opportunity.
Example:
Buy Setup:
Price breaks above the NWOG resistance level, and a bullish FVG (gap down) appears below. Traders can wait for price to pull back to fill the gap and then take a long position when confirmation occurs.
Sell Setup:
Price breaks below the NWOG support level, and a bearish FVG (gap up) appears above. Traders can wait for price to retrace and fill the gap before entering a short position.
Key Benefits of the Combined NWOG & FVG Indicator:
Combines Two Key Concepts:
NWOG provides context for the market's overall direction based on the start of the week.
FVG highlights areas where price imbalances exist and where price might retrace to, making it easier to spot entry points.
High-Probability Setups:
By combining these two strategies, the indicator helps traders spot high-probability trades based on major market levels (from NWOG) and price inefficiencies (from FVG).
Helps Identify Reversal and Continuation Opportunities:
FVGs act as potential support and resistance zones, and when combined with the context of the NWOG levels, it gives traders clearer guidance on where price might reverse or continue its trend.
Clear Visual Signals:
The indicator can plot the NWOG levels on the chart, and shade the FVG areas, providing a clean and easy-to-read chart with entry signals marked for buy and sell opportunities.
Conclusion:
The New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a powerful tool for traders who use price action strategies. By incorporating the New Week's opening range and identifying gaps in price action, this indicator helps traders identify potential support and resistance zones, pinpoint entry opportunities, and increase the probability of successful trades.
This combined strategy enhances your analysis by adding layers of confirmation for trades based on significant market levels and price imbalances. Let me know if you'd like more details or modifications!
Enhanced Market Opportunity StrategyThe Enhanced Market Opportunity Strategy is a versatile Pine Script designed for trading various asset classes (forex, crypto, indices, etc.) and timeframes. It combines technical indicators like MACD, RSI, and EMA with dynamic risk management tools such as ATR-based stop-loss and take-profit levels. The script highlights buy/sell signals and includes features like partial profit targets, trailing stops, and performance tracking (wins/losses). It also provides customizable alerts and labels for price movements (+100 points) for effective trade execution
Custom Strategy: Supertrend + RSI + EMA### **Indicator Description: Custom Strategy - Supertrend + RSI + EMA**
यह इंडिकेटर तीन पॉपुलर इंडिकेटर्स (Supertrend, RSI, और EMA) को मिलाकर बनाया गया है। इसका उद्देश्य यह है कि यह केवल उन्हीं परिस्थितियों में **Buy** और **Sell** सिग्नल जनरेट करे, जब तीनों इंडिकेटर्स एक साथ सकारात्मक (Buy) या नकारात्मक (Sell) संकेत दें।
---
### **इंडिकेटर के मुख्य घटक:**
1. **Supertrend:**
- Supertrend एक ट्रेंड-फॉलोइंग इंडिकेटर है जो प्राइस की दिशा के अनुसार ट्रेंड की पहचान करता है।
- अगर कैंडल Supertrend की नीचे वाली रेखा (Support Line) से ऊपर बंद हो, तो यह **Buy** सिग्नल देता है।
- अगर कैंडल Supertrend की ऊपर वाली रेखा (Resistance Line) से नीचे बंद हो, तो यह **Sell** सिग्नल देता है।
2. **RSI (Relative Strength Index):**
- RSI का उपयोग ओवरबॉट और ओवरसोल्ड कंडीशन की पहचान के लिए किया जाता है।
- अगर RSI की वैल्यू 50 से ऊपर हो, तो इसका मतलब प्राइस में बुलिश मूवमेंट है (**Buy Signal**)।
- अगर RSI की वैल्यू 50 से नीचे हो, तो इसका मतलब प्राइस में बेयरिश मूवमेंट है (**Sell Signal**)।
3. **EMA (Exponential Moving Average - 50):**
- EMA (50) एक पॉपुलर मूविंग एवरेज है जो पिछले 50 कैंडल्स का वेटेड एवरेज लेता है।
- अगर प्राइस EMA (50) से ऊपर है, तो यह **Buy Signal** दर्शाता है।
- अगर प्राइस EMA (50) से नीचे है, तो यह **Sell Signal** दर्शाता है।
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### **Buy और Sell सिग्नल कब जनरेट होते हैं?**
- **Buy Signal:**
जब तीनों कंडीशन्स सही हों:
1. प्राइस Supertrend की सपोर्ट लाइन से ऊपर हो।
2. RSI वैल्यू 50 से ऊपर हो।
3. प्राइस EMA (50) से ऊपर हो।
- **Sell Signal:**
जब तीनों कंडीशन्स सही हों:
1. प्राइस Supertrend की रेजिस्टेंस लाइन से नीचे हो।
2. RSI वैल्यू 50 से नीचे हो।
3. प्राइस EMA (50) से नीचे हो।
---
### **इंडिकेटर की विशेषताएं:**
- **सटीक सिग्नल जनरेशन:**
- इंडिकेटर केवल मजबूत और भरोसेमंद सिग्नल्स देता है, क्योंकि यह तीन अलग-अलग इंडिकेटर्स को मिलाकर काम करता है।
- **Buy और Sell सिग्नल्स के लिए एरो प्लॉट:**
- चार्ट पर ग्रीन एरो (BUY) और रेड एरो (SELL) दिखाए जाते हैं।
- **EMA लाइन प्लॉट:**
- चार्ट पर EMA (50) को भी विज़ुअल रूप से दिखाया गया है।
- **पृष्ठभूमि हाईलाइटिंग:**
- जब Buy या Sell सिग्नल जनरेट होता है, तब चार्ट की पृष्ठभूमि को हल्के हरे (Buy Zone) या लाल (Sell Zone) रंग से हाईलाइट किया जाता है।
---
### **इंडिकेटर के उपयोग के लाभ:**
1. यह उन ट्रेडर्स के लिए उपयोगी है जो **ट्रेंड-फॉलोइंग स्ट्रेटजी** अपनाते हैं।
2. एक ही चार्ट पर तीनों इंडिकेटर्स को मर्ज करके एक स्पष्ट और सटीक सिग्नल प्राप्त करना।
3. अधिक भरोसेमंद ट्रेडिंग निर्णय लेने में मदद करता है।
---
### **कैसे उपयोग करें?**
1. इंडिकेटर को TradingView पर अपने चार्ट में ऐड करें।
2. Buy या Sell सिग्नल जनरेट होने पर ट्रेड एंट्री लें।
3. अपनी ट्रेडिंग स्ट्रेटजी के अनुसार स्टॉप-लॉस और टारगेट सेट करें।
---
### **Disclaimer (अस्वीकरण):**
यह इंडिकेटर केवल शैक्षिक उद्देश्यों के लिए है। इसका उपयोग करने से पहले अपनी रिसर्च करें और उचित जोखिम प्रबंधन अपनाएं। ट्रेडिंग में नुकसान का जोखिम हमेशा होता है।
---
अगर आपको किसी और विवरण की आवश्यकता हो, तो बताएं! 😊
Dynamic Hybrid IndicatorHedef: Kısa vadeli trend dönüşlerini erken tespit ederek al-sat sinyalleri üretmek.
Zaman Dilimi: 1 dakikalık, 5 dakikalık ya da 15 dakikalık grafikler.
Agrupación de velas 5m en una vela 15mcon este indicador podras saber en el grafico de 5 minutos, cuales velas pertenecen al grupo de una vela de 15 minutos
EMA36ssasdasdsaasddsasaddasdassaddsadasasddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd
Three Consecutive Candles with Increasing VolumeNOT MY SCRIPT, this script tells you if candles are moving in 3 or more in a row (TREYLLO)
fvg+support and ristence + ema Indicator Description: EMA with OB, FVG, Alerts, and Support/Resistance
This script combines multiple technical analysis tools into a single indicator to provide traders with enhanced market insights. Here's what it offers:
Features:
Exponential Moving Averages (EMAs):
Supports dynamic input lengths for EMA 20, EMA 50, EMA 100, and EMA 200.
Plots EMAs on the chart with distinct colors for quick visualization of trends.
Order Block (OB) Identification:
Automatically detects bullish and bearish order blocks based on user-defined parameters, including periods and threshold percentage.
Provides visual markers (triangle shapes) to highlight significant order blocks on the chart.
Offers flexibility to use candle bodies or wicks for OB calculations.
Fair Value Gap (FVG) Detection:
Identifies "UP" and "DOWN" fair value gaps with customizable lookback periods.
Plots boxes and lines to highlight gaps, with optional midpoint (CE) lines for added precision.
Configurable colors, styles, and behavior for filled gap management.
Support and Resistance:
Automatically detects pivot highs and lows to plot dynamic support and resistance levels.
Highlights potential reversal zones for better decision-making.
Alerts:
The indicator is equipped with built-in alerts to notify users of significant events, such as order block formations or FVG appearances.
Use Cases:
Trend Analysis: Use EMAs to identify the current market trend and potential crossover opportunities.
Order Flow Insights: Recognize critical order blocks where institutional traders may enter or exit.
Gap Trading: Spot fair value gaps to understand price inefficiencies and potential filling zones.
Reversal Zones: Leverage support and resistance levels to anticipate market turning points.
Yacare 3-21
Este indicador tiene las siguientes características:
1. Dos medias móviles simples (SMA):
- SMA de 3 períodos (línea rápida)
- SMA de 21 períodos (línea lenta)
2. Identificación de tendencias:
- Alcista: cuando SMA3 > SMA21
- Bajista: cuando SMA3 < SMA21
- Lateral: cuando la diferencia entre ambas SMAs es menor al 1%
3. Señales visuales:
- Las líneas cambian de color según la tendencia
- Flechas en los cruces de las medias móviles
- Una etiqueta que muestra el tipo de tendencia actual
Para usar este indicador en TradingView:
1. Abre el editor de Pine Script
2. Copia y pega el código
3. Guarda y añade al gráfico
HTF FVG and Wick Fill tracking FOR DAVEA higher time frame canlde body and wick overlay for 1hr to daily for example
Improved G-Trend DetectionIt is the Improved version of G trend channel detection.
The Umair Trend Detection Indicator is a powerful tool designed to help traders identify potential buy and sell opportunities by combining dynamic price channels with RSI-based confirmation. This indicator is suitable for all types of financial markets, including stocks, forex, and cryptocurrencies.
Key Features:
Dynamic G-Channels
Calculates upper, lower, and average price channels based on the "G-Channel" methodology.
Helps identify market extremes and potential reversal points.
RSI Confirmation
Integrates RSI (Relative Strength Index) to filter buy and sell signals.
Avoids false signals by ensuring market momentum aligns with trend direction.
Buy/Sell Signals
Generates "Buy" signals when bullish conditions align with oversold RSI levels.
Generates "Sell" signals when bearish conditions align with overbought RSI levels.
Exit Signals
Provides optional exit points for both long and short positions using a buffer for confirmation.
Visual Clarity
Displays clearly plotted channels and average lines to help visualize price trends.
Buy and sell signals are marked with arrows for easy identification on the chart.
Custom Alerts
Offers customizable alerts for buy, sell, and exit conditions, ensuring traders never miss an opportunity.
Input Parameters:
Channel Length: Controls the sensitivity of the G-Channels.
Multiplier: Adjusts the width of the channels to suit different market conditions.
RSI Settings: Customize RSI length and thresholds for overbought/oversold conditions.
Exit Signal Buffer: Adds flexibility to the exit strategy by delaying signals for confirmation.
How It Helps:
The Umair Trend Detection Indicator is perfect for traders looking for an easy-to-use trend-following system with strong confirmation. By combining dynamic channels with RSI, it provides accurate and reliable signals to enter and exit trades, minimizing risks associated with false breakouts or trend reversals.
Use Cases:
Trend Trading: Identify and follow long-term trends with confidence.
Swing Trading: Spot reversals and capitalize on medium-term price movements.
Risk Management: Use exit signals to lock in profits or limit losses effectively.
This indicator is a versatile tool for both novice and experienced traders. Fine-tune its settings to align with your trading style and improve your decision-making in any market.
Enhanced Market Opportunity Strategy (Updated)Script Description:
Script Name: Enhanced Market Opportunity Strategy (Updated)
This script is a comprehensive trading strategy designed for TradingView that identifies buying and selling opportunities based on configurable parameters, trend alignment, and risk management. It integrates visual alerts, performance metrics, and real-time trading signals. Below is a detailed overview of its features:
Features:
1. Strategy Inputs:
Buy Strategy Levels: Configurable levels for entry, stop loss, and three take-profit targets.
Sell Strategy Levels: Similar levels for short trades.
Risk Management:
Adjustable risk percentage per trade.
Account balance for position sizing.
Trend Filters:
Short-term and long-term EMAs for trend identification.
Minimum pip movement to validate signals.
2. Technical Analysis:
EMA-Based Trend Conditions:
Bullish (buy signals): When the short-term EMA is above the long-term EMA.
Bearish (sell signals): When the short-term EMA is below the long-term EMA.
Position Sizing:
Automatically calculates trade size based on risk percentage and pip distance to the stop loss.
3. Visual and Alert Features:
Key Levels:
Plots for entry, stop loss, and take-profit levels for both buy and sell strategies.
Background Trend Indication:
Green for bullish trends and red for bearish trends.
Markers and Alerts:
Visual "BUY" and "SELL" markers on the chart for detected opportunities.
Real-time alerts with calculated position size for actionable trades.
4. Performance Metrics:
Tracks:
Total trades executed.
Wins and losses.
Total profit and win rate.
Maximum drawdown.
Table Display:
A table on the chart shows performance metrics, including profit, trades, win rate, and more.
How it Works:
Trend Identification:
The script uses EMA crossovers to detect market trends.
It only generates buy signals in bullish trends and sell signals in bearish trends.
Trade Validation:
Buy or sell opportunities are validated based on the proximity of the price to defined entry levels and the occurrence of a candlestick pattern (close above open for buy and vice versa for sell).
Profit and Loss Tracking:
Tracks whether take-profit or stop-loss levels are hit and updates total profit, wins, and losses accordingly.
Backtesting Performance:
Historical trades are evaluated, and key performance metrics are calculated.
Enhanced Market Opportunity Strategy (Updated)Script Description:
Script Name: Enhanced Market Opportunity Strategy (Updated)
This script is a comprehensive trading strategy designed for TradingView that identifies buying and selling opportunities based on configurable parameters, trend alignment, and risk management. It integrates visual alerts, performance metrics, and real-time trading signals. Below is a detailed overview of its features:
Features:
1. Strategy Inputs:
Buy Strategy Levels: Configurable levels for entry, stop loss, and three take-profit targets.
Sell Strategy Levels: Similar levels for short trades.
Risk Management:
Adjustable risk percentage per trade.
Account balance for position sizing.
Trend Filters:
Short-term and long-term EMAs for trend identification.
Minimum pip movement to validate signals.
2. Technical Analysis:
EMA-Based Trend Conditions:
Bullish (buy signals): When the short-term EMA is above the long-term EMA.
Bearish (sell signals): When the short-term EMA is below the long-term EMA.
Position Sizing:
Automatically calculates trade size based on risk percentage and pip distance to the stop loss.
3. Visual and Alert Features:
Key Levels:
Plots for entry, stop loss, and take-profit levels for both buy and sell strategies.
Background Trend Indication:
Green for bullish trends and red for bearish trends.
Markers and Alerts:
Visual "BUY" and "SELL" markers on the chart for detected opportunities.
Real-time alerts with calculated position size for actionable trades.
4. Performance Metrics:
Tracks:
Total trades executed.
Wins and losses.
Total profit and win rate.
Maximum drawdown.
Table Display:
A table on the chart shows performance metrics, including profit, trades, win rate, and more.
How it Works:
Trend Identification:
The script uses EMA crossovers to detect market trends.
It only generates buy signals in bullish trends and sell signals in bearish trends.
Trade Validation:
Buy or sell opportunities are validated based on the proximity of the price to defined entry levels and the occurrence of a candlestick pattern (close above open for buy and vice versa for sell).
Profit and Loss Tracking:
Tracks whether take-profit or stop-loss levels are hit and updates total profit, wins, and losses accordingly.
Backtesting Performance:
Historical trades are evaluated, and key performance metrics are calculated.
Swing Trading with Mean Reversion - Stonk_BUDThe Swing Trading Analyzer is built for traders looking to catch medium-term swing trading opportunities. It combines trend-following techniques with mean reversion strategies, making it a versatile tool for analyzing daily and weekly charts.
---
#### **Key Features**
- **Moving Average Crossovers**
Tracks 10-day and 50-day moving averages to identify trend shifts. You'll see clear signals for bullish (BUY) and bearish (SELL) momentum.
- **Mean Reversion Analysis**
Uses Bollinger Bands and Z-score calculations to pinpoint overbought and oversold conditions. These tools help confirm when the price is stretched and likely to reverse back toward the mean.
- **Swing Trading Focus**
Designed specifically for daily and weekly timeframes, this indicator avoids the noise of intraday trading and helps you focus on bigger moves.
- **Visual and Alert System**
Plots clear BUY and SELL signals directly on your chart, with optional background highlights for overbought (red) and oversold (green) zones. Plus, you can set custom alerts to get notified when signals trigger.
---
#### **How It Works**
- **Buy Signals**: Triggered when the 10-day moving average crosses above the 50-day moving average, and the price shows oversold conditions (Z-score < -2 and price below the lower Bollinger Band).
- **Sell Signals**: Generated when the 10-day moving average crosses below the 50-day moving average, with overbought confirmation (Z-score > 2 and price above the upper Bollinger Band).
---
Who It's For
- Swing traders looking for reliable signals to ride medium-term market trends.
- Anyone who wants a blend of trend-following and mean reversion strategies.
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**Pro Tip**: Pair this indicator with solid risk management and additional tools like volume analysis for even better results.
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Big Inside Bar & Engulfing Candle Highlight
Please change inputs as per time frame.
Big Inside bars and engulfing candles are candlestick patterns that traders use to analyze markets and identify potential trading opportunities:
Inside bar
The high and low of the current candle are contained within the high and low of the previous candle. This pattern indicates consolidation or indecision in the market, and suggests that the current trend may continue or reverse.
Engulfing candle
The second candle completely engulfs the first candle. This pattern signals a sudden change in market sentiment, and strong buying or selling momentum. A bullish engulfing indicates a bullish reversal, while a bearish engulfing indicates a bearish reversal.
(BUY-SELL)RSI with Bollinger BandsThis script for TradingView combines two popular technical analysis indicators - the Relative Strength Index (RSI) and Bollinger Bands - to identify when an asset's price may be overbought or oversold.
Here's how it works:
Input parameters:
rsiLength: the RSI calculation period (default is 14).
rsiOverbought: the overbought level of the RSI (default is 70).
rsiOversold: RSI oversold level (default is 30).
bbLength: Bollinger Bands calculation period (default is 20).
bbMult: standard deviation multiplier for Bollinger Bands (default is 2.0).
reducePyramiding: option to reduce pyramiding (off by default).
Indicator Calculation:
The script calculates RSI and Bollinger Bands using the built-in functions ta.rsi() and ta.bb().
Signal conditions:
Buy signal: generated when the RSI falls below the rsiOversold level and the closing price is below the lower Bollinger Band.
Sell signal: generated when the RSI rises above the rsiOverbought level and the closing price is above the upper Bollinger Band.
Pyramiding:
The script uses the buyCount and sellCount counters to track the number of consecutive buy and sell signals.
The maxTrades parameter defines the maximum number of trades in one direction (1 if reducePyramiding is enabled, and 3 otherwise).
