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Zlsma

Chandelier Exit ZLSMA StrategyIntroducing a Powerful Trading Indicator: Chandelier Exit with ZLSMA If you're a trader, you know the importance of having the right tools and indicators to make informed decisions. That's why we're excited to introduce a powerful new trading indicator that combines the Chandelier Exit and ZLSMA: two widely-used and effective indicators for technical analysis. The Chandelier Exit (CE) is a popular trailing stop-loss indicator developed by Chuck LeBeau. It's designed to follow the price trend of a security and provide an exit signal when the price crosses below the CE line. The CE line is based on the Average True Range (ATR), which is a measure of volatility. This means that the CE line adjusts to the volatility of the security, making it a reliable indicator for trailing stop-losses. The ZLEMA (Zero Lag Exponential Moving Average) is a type of exponential moving average that's designed to reduce lag and improve signal accuracy. The ZLSMA takes into account not only the current price but also past prices, using a weighted formula to calculate the moving average. This makes it a smoother indicator than traditional moving averages, and less prone to giving false signals. When combined, the CE and ZLSMA create a powerful indicator that can help traders identify trend changes and make more informed trading decisions. The CE provides the trailing stop-loss signal, while the ZLSMA provides a smoother trend line to help identify potential entry and exit points. In our indicator, the CE and ZLSMA are plotted together on the chart, making it easy to see both the trailing stop-loss and the trend line at the same time. The CE line is displayed as a dotted line, while the ZLSMA line is displayed as a solid line. Using this indicator, traders can set their stop-loss levels based on the CE line, while also using the ZLSMA line to identify potential entry and exit points. The combination of these two indicators can help traders reduce their risk and improve their trading performance. In conclusion, the Chandelier Exit with ZLSMA is a powerful trading indicator that combines two effective technical analysis tools. By using this indicator, traders can identify trend changes, set stop-loss levels, and make more informed trading decisions. Try it out for yourself and see how it can improve your trading performance. Warning: The results in the backtest are from a repainting strategy. Don't take them seriously. You need to do a dry live test in order to test it for its useability. - Here is a description of each input field in the provided source code: length: An integer input used as the period for the ATR (Average True Range) calculation. Default value is 1. mult: A float input used as a multiplier for the ATR value. Default value is 2. showLabels: A boolean input that determines whether to display buy/sell labels on the chart. Default value is false. isSignalLabelEnabled: A boolean input that determines whether to display signal labels on the chart. Default value is true. useClose: A boolean input that determines whether to use the close price for extrema calculations. Default value is true. zcolorchange: A boolean input that determines whether to enable rising/decreasing highlighting for the ZLSMA (Zero-Lag Exponential Moving Average) line. Default value is false. zlsmaLength: An integer input used as the length for the ZLSMA calculation. Default value is 50. offset: An integer input used as an offset for the ZLSMA calculation. Default value is 0. - Ty for checking this out and good luck on your trading journey! Likes and comments are appreciated. 👍 -- Credits to: ▪ @everget – Chandelier Exit (CE) ▪ @netweaver2022 – ZLSMA
Pine Script™ strategy
by simwai
3
SLSMA PullbacksThis script picks up two types of pullbacks using the SLSMA line. The pb1 signal picks up a fast first pullback as price action breaks the SLSMA line. The pb2 signal detects a stronger pivot with the trend. There is an option to filter pb1 signals with trend in the settings. Lower highs and Higher lows are displayed as labels along the SLMSA line. This tool can be overlaid on your chart or over an indicator using it as its external source.
Pine Script™ indicator
by veryfid
3
PSAR BBPT ZLSMA BTC 1minLong entry: PSAR gives buy signal BBPT prints green histogram ZLSMA is below the price ZLSMA has uptrend SL is smaller than the max SL Optional Sessions and EMA filters Short entry PSAR gives sell signal BBPT prints red histogram ZLSMA is above the price ZLSMA has downtrend SL is smaller than the max SL Optional Sessions and EMA filters SL: Placed below ZLSMA + offset on long Placed above ZLSMA + offset on short TP1: 1x the SL by default Takes no profit by default, 50% is also a good setting TP2: 2x the SL by default Take out all remaining position size. If price reaches TP1, the SL is set to the entry price.
Pine Script™ strategy
by Rolan_Kruger
Chandelier Exit ZLSMA StrategyIntroduction Heyo guys, I recently checked out some eye-catching trading strategy videos on YT and found one to test. This indicator is based on the video. Usage The recommended timeframe is 5 min. Signals Long Entry => L Label Price crosses above ZLSMA and Chandelier Exit shows Buy Long Exit => green circle Price crosses below ZLSMA Short Entry => S Label Price crosses below ZLSMA and Chandelier Exit shows Sell Short Exit => orange circle Prices crosses above ZLSMA Ty for checking this out. Enjoy! -- Credits to @netweaver2011 - ZLSMA @everget – Chandelier Exit
Pine Script™ indicator
by simwai
19
Mother of All Moving Averages, MAMA [orion35]This indicator contains the huge number of 53 MA tools . So, with the Mother of All Moving Averages (MAMA) , you can draw any two of these MA tools (that is, almost all the "Moving Average" tools used in the market) in the length and thickness you want. These MA tools include traditional averages such as SMA , EMA , DEMA, as well as innovative averaging tools such as LFS (Laguerre Filter Smoother), LSMA (Least Square Moving Average), ZLSMA (Zerolag LSMA ) developed by @veryfid and SSMA (Super Smoothed Moving Average ) by John F. Ehlers . Another great feature of this indicator is that signals can be filtered according to the instant ADX (Average Directional Movement indeX) value of the market. By using this filter, false signals in horizontal markets can be reduced. Also, with the threshold value setting in the ADX filter, calibration can be made for different assets and time frames when desired. In addition, you can color the price bars according to the ADX threshold value you set. You can also automatically color these drawings in conditional formats as you wish. If desired, the intersections of the plotted curves can be showed as signals. You can also set alarms for these intersections. This indicator contains almost twice as many MA tools as the previous Super Moving Average Tools, SMAT indicator. For this reason, they are gathered in two main groups as " Traditional " and " New Generation " MA tools. These MA tools are listed as follows: --------- Mostly Traditional MA Tool s --------- LFS : Laguerre Filter Smoother SMA : Simple Moving Average EMA : Exponential MA DEMA : Double EMA TEMA : Triple EMA QEMA : Quadrupole EMA @everget ZLEMA : Zerolag EMA KZLEMA : Kalman ZLEMA LRSMA : Linear Regression SMA LREMA : Linear Regression EMA TMA : Triangular MA (slow) TMA v2 : Triangular MA (normal) TMA v3 : Triangular MA (fast) @Daveatt SMMA : SMoothed MA SSMA : Super Smoother MA © 2013 John F. Ehlers SSF : Super Smoother Filter @DonovanWall SSeMA : Smoothed SEnsitive MA @BakwaasTrading WMA : Weighted MA VWMA : Volume Weighted MA VWAP : Volume Weighted Average Price AMA : Adaptive MA @everget KAMA : Kaufman's Adaptive MA FrAMA : Fractal Adaptive MA @Shizaru ALMA : Arnaud Legoux MA --------- New Generation MA Tools --------- HMA : Hull MA EHMA : Exponential HMA @DonovanWall JMA : Jurik MA @everget RMA : Relative MA aka Rolling MA LWMA : Linearly Weighted MA @io72signals LSMA : Least Square MA ZLSMA : Zerolag LSMA @veryfid ARSI : Adaptive Relative Strength Index @everget WWMA : Welles Wilder's MA @KivancOzbilgic VMA : Variable MA by Tushar S. Chande, VIDYA : Variable Index Dynamic Average @KivancOzbilgic VIDYA v2 : @Mohamed3nan TSF : True Strength Force @KivancOzbilgic TILL : Tillson T3 MA @KivancOzbilgic DAF : Dynamically Adjustable Filter @alexgrover KFS : Kalman Filter Smoother @alexgrover PKF : Parametric Kalman Filter @alexgrover VAMA : Volatility Adjusted MA @Duyck CTI : Correlation Trend Indicator by John Ehlers BF : Blackman Filter @alexgrover MAMA : MESA Adaptive MA aka: Mother of AMA @KivancOzbilgic FAMA : Following Adaptive MA @KivancOzbilgic ARMA : Autonomous Recursive MA @alexgrover ZARMA : Zerolag ARMA @alexgrover A2RMA : Adaptive ARMA @alexgrover EDMA : Exponentially Deviating MA @MightyZinger BLP : Butterworth Low Pass Filter @DonovanWall GLP : Gaussian Low Pass Filter @DonovanWall SWMA : Sine Weighted MA @blackcat1402
Pine Script™ indicator
by orion35
8
Super Moving Average Tools [orion35] This indicator has been developed to cover almost all types of moving averages (MA) used in the market. Two of the 21 MA tools can be drawn independently on the price chart. These MA tools include traditional averages such as SMA , EMA , DEMA , as well as innovative averaging tools such as LFS (Laguerre Filter Smoother), LSMA (Least Square Moving Average), ZLSMA (Zerolag LSMA ) developed by @veryfid and SSMA (Super Smoothed Moving Average ) by John F. Ehlers . In addition, the traditional bar opening or closing values ​​can be drawn on the chart as a source, as well as the data produced by a different indicator (for example, RSI ) can be used to calculate the average with this indicator and can be plotted on that oscillator. The chart above shows the drawings made on both the price bars and the RSI oscillator. If desired, the intersections of the plotted curves can be showed as signals. Also, alarms have been added according to the intersection conditions. Another great feature of this indicator is that signals can be filtered according to the instant ADX (Average Directional Movement indeX) value of the market. By using this filter, false signals in horizontal markets can be reduced . Also, with the threshold value setting in the ADX filter, calibration can be made for different assets and time frames when desired. In addition, when desired, the data of different indicators drawn by using the "Raw Source" option can be intersected. You can also write the combinations you like from the different MA tools and settings you use as a comment below.
Pine Script™ indicator
by orion35
7