SonicR PVA VolumesI decided to practice and rewrite some interesting scripts from mt4 to pinescript for myself, all credits are in the source code.
An interesting indicator, I decided to post it like all other alternatives have closed source code, I hope it will be useful for someone!
With this indicator, you can filter small volumes, thereby making less noise so that you notice a possible trend reversal.
For example, rising/extreme factor set to - 1.263, some volume was filtered, now it's more easy to understand, isn't ?
Sonic
Sonic R + EMA system by Dzung_NagaThis is a trading system that can use for finding price trending in 1D or 4H timeline.
Dragon Lines is consist of EMA 34 applied each to high, low, and close. EMA89 is like a trend line.
When the price line is up with DL and EMA89, the trend is up and vice versa.
When the DL cross the EMA89 from bottom up, it's calling up of price.
When the DL cross the EMA89 from top down, it's calling down of price.
I also using EMA system to make the trend clear. EMAs will be the support or resistance zone depend on the price is up or below them.
EMA system is consist of: EMA200, EMA257, EMA458, EMA630
Sonic R by VuTien - edited by Dzung_NagaChange EMA610 to EMA630
Change style: EMA630 to black and thicker.
