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Trap Zone

4.5
This indicator serves as an alert for climax regions.

How does it work?
When the 20-period arithmetic moving average meets the 200-period arithmetic moving average, a conflict region forms with two major opposing forces fighting.
This causes the price to show random peaks until a winner side is defined, which can be dangerous.
Therefore, the indicator paints the region between the moving averages to alert you.

How to use it?
It can be used for specific volatility or support and resistance strategies, but it is recommended to avoid operations within this region.
So it is useful to plot it on the chart to remember when to stay out.

Features you can edit to your preference:
- Maximum distance between the averages to start coloring the zone
- Color only regions of approximation between moving averages or also when they're distancing and widening the zone
- Color of painted area
- Color, thickness and style of moving averages
Avis 2
MAKARIOS YACOUBIAN
2891
MAKARIOS YACOUBIAN 2020.08.16 07:06 
 

Good job , good tool to identify the change in the trend .

Aleksandr Tamonin
4109
Aleksandr Tamonin 2021.01.24 09:43 
 

Неплохой индикатор. Спасибо автору.

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Buy and sell signals based on Larry Williams's exponential moving average strategy 9.1 for trend reversals. How does it work? The indicator activates the buy and sell signal when a candle closes turning the 9 period EMA. How to use it? One way of using it, proposed by Larry Williams, is to enter a trade with a buy stop order one tick above the high of the candle with the buy signal, placing the stop loss order one tick below the candle's low. When there's a sell signal instead, place a sell
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Luigi Nunes Labigalini
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Luigi Nunes Labigalini
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Luigi Nunes Labigalini
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This Indicator is based on the high's moving average and the low's moving average for trend following and/or trailing stops. How does the indicator work? The indicator plots the uptrend dots until there is a close below the moving average of the lows. When this happens, a downtrend begins and is plotted until there is a close above the moving average of the highs. When this happens, another uptrend begins. And so it goes. How to use it? - Trend following: You can use it as buy signals when
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Luigi Nunes Labigalini
Buy and sell signals based on the Wave Setup strategy for entering a trade on the pullback after a reversal. How does the indicator work? The indicator activates the buy and sell signal when their respective conditions are met.  For an uptrend, we need a reversal up on the EMA9 followed by prices above the ascending SMA21 making a pullback and a touch on it.  For a downtrend, we need a reversal down on the EMA9 followed by prices below the descending SMA21 making a pullback and a touch on it.
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Luigi Nunes Labigalini
Buy and sell signals based on the Day Trade Trap Strategy for failed breakouts, popularized in Brazil by Alexandre Wolwacz (STORMER). How does the indicator work? The indicator activates the buy and sell signal when their respective conditions are met.  For a buy signal, we need a bar making a low lower than the previous day low. On this moment, the signal is plotted with the secondary color. For a sell signal, we need a bar making a high higher than the previous day high. On this moment, the
Setup PFR
Luigi Nunes Labigalini
Buy and sell signals based on the Reversal Closing Price Setup for trend continuation, created by Stormer. How does it work? The indicator activates the buy signal when we have a low below the 2 previous lows and a close above the previous close. For a sell signal we need a high above the 2 previous highs and a close below the previous close. How to use it? One way of using it, as suggested by Stormer, is to enter the trade with a buy stop order one tick above the high of the candle w
Setup Double 7s
Luigi Nunes Labigalini
Entry and exit signals from the Double 7's Strategy by Larry Connors in his book "Short Term Trading Strategies That Work". Larry claims this strategy predicted the market's direction over 80% of the time since 1995. Picking up the gains and being exposed in the market less than 25% of the time. Good for swing trading on Daily charts of SPY, Nasdaq, China's FXI, Brazil's EWZ and the majority of the equity ETFs and World Indices. How does it work? The indicator activates the buy signal when
Setup IFR2
Luigi Nunes Labigalini
Entry and exit signals from the IFR2 Strategy by Larry Connors in his book "Short Term Trading Strategies That Work". Larry claims this strategy correctly predicted the shortterm direction of the S&P 500 83.6% of the time from 1995 to 2007. How does it work? The indicator activates the buy signal when the price closes above the 200-day moving average and the 2-period IFR closes below 5. The sell signal is the opposite. How to use it? Enter the trade with a market order as soon as the cand
Filtrer:
Aleksandr Tamonin
4109
Aleksandr Tamonin 2021.01.24 09:43 
 

Неплохой индикатор. Спасибо автору.

MAKARIOS YACOUBIAN
2891
MAKARIOS YACOUBIAN 2020.08.16 07:06 
 

Good job , good tool to identify the change in the trend .

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Version 1.2 2020.10.09
Improved code.
Version 1.1 2020.08.20
Updated moving averages.