Price Volume Buy/Sell Signal with Multi Trend Indicators

27 Apr

I'm not too good to write explanations because I'm not a native english spoken (Bahasa is my language) so I will try to make it short about this indicator that I had made for my own need for crypto currencies trading

Forgive me if there is wrong grammar or typing in this explanations

THE BACKGROUND
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In the past I had trying to look for many indicators that suit my needs for crypto trading but none of them meet my needs and I was a person who is believe that in every market there should be ask & demand volumes

Lastly I had found an indicator by everget which using built-in TradingView Price Volume Trend but it only giving 1 MA length so after watching how ta.pvt behave for several days I had adding another length for Slow Length & Filter Length also adding Volume Delta check but I need also trend indicators made by timmy1986 for trends confirmation and adding more trend indicators in it to meet my need

So here there are an indicator that giving Buy/Sell signal based on Price Volume Trend and multiple timeframe trend indicators in 1 indicator

HOW INDICATOR WORK
=====================
This indicator will checking PVT MA and showing buying/selling signal based on crossover between line in the background also there is UP TREND/DOWN TREND signal based on Fast, Slow and Filter MA

UP TREND signal will showing up when PVT, Fast and Slow line is above filter line while DOWN TREND when PVT, Fast and Slow line is below filter line with Volume Delta check so sometime even when all line is above/under filter line but Volume Delta show ing the opposite then it will not showing UP TREND/DOWN TREND signal

Also in this indicator you will find simpleSupport/Resistance based on Pivot, Chandelier Exit by everget which I use for signal confirmation when I'm testing this indicator and I had deciding to not removing it from this indicator and symbol screener for up to 40 symbol (if your account supporting it) based on Price Volume Trend where you can choose to disable/enable Chandelier Exit or Screener

For trend indicators you can choose which trend to show, so far there is about 8 trend indicators for buy/sell signal confirmation

Buy/Sell indicator can work correctly for scalping or swing trading in any instrument/market as long there is volume data in it & the built-in price volume trend by TradingView working fine

You can setup by your self the values needed in this indicators to meet your needs, either for scalping or swing trading

I'm accepting any feedbacks/ideas/suggestions about this indicators to make this indicator better

PS : don't ask about the source codes since I will not publishing it but any feedbacks, ideas, suggestions will be gladly accepted to make this indicator better

28 Apr

Nota Keluaran

- made small improvement for calculating volume delta by using highest & lowest to determine the trend for minimizing false buy/sell signal
- changing the word "scalping long" and "scalping short" to "buy" and "sell"

4 hari lalu

Nota Keluaran

- removing screener from this indicator, have plan to make it as standalone screener with MTF and 3 different kind of trend detection, RSI, MFI and Volume Delta
- adding minimum threshold value in setting for better buy/sell signals which use Volume Delta threshold in percentage

4 hari lalu

Nota Keluaran

- a quick update because found 1 false buy signal when do real time crypto trading and changing the condition from ...

SELL SIGNALS
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perCDP := chperCDP > pVD and close < open[1] ? -1 : 0
perCDP := chperCDP > pVD and close < open and (close < open[1] or close < close[1]) ? -1 : 0

BUY SIGNALS
============
perCDP := chperCDP < pVD and close < open[1] ? -1 : 0
perCDP := chperCDP > pVD and close < open and (close < open[1] or close < close[1]) ? -1 : 0

so far looking good for now and I think this will be the last update for buy/sell signals

[img=i.imgur.com/kMTUX4K.jpeg]https://i.imgur.com/kMTUX4K.jpeg[/img]

if you find there is still any false signals please let me know

appreciating any feedbacks/ideas/suggestions about this indicator

Terima Kasih