[MBY]Support Your Trading(Trend ver)Hi, this is Yong.
This indicator Support Your Trading,
based on Trend channel & etc.,
this version only for test.
Penunjuk Bill Williams
Trend Direction Helper (ZigZag and S/R and HH/LL labels)Hey everyone
First of all, I'd like to thank Ricardo Santos, Backtest Rookies for the inspiration for this script.
Actually, most of it is coming from them and I only mixed them up (and added my secret sauce ^^). If some of you are not thinking about a trading secret sauce, please get serious for a moment :)
Some of you asked me how I do to set the trend direction. You all understood that if you get an UP label, then the price should go up and vice-versa for down.
But it's not so easy to define the good signals for each asset and each timeframe. I'm going to repeat what I said yesterday because ... well... that's what trading is about
So quoting myself here "The inputs set by default will have to be changed for your asset/timeframe and can't be generic for everything. You have to play with the inputs until the signals will make sense to you
The indicator/strategy with a unique configuration that you'll never check or update according to the market condition DOES NOT exit. "
BUT... a bit of patience and practice and you might do wonders.
The Method
I never realized until now but by connecting the higher highs/lower lows, I was drawing zigzag lines.
The Zig Zag Master is Ricardo Santos . Please give him a follow, he's awesome
For those who don't want to draw on the chart or (my preferred choice) need some inspiration to define your trend directions, this script is for YOU (and your family, your pet, your girlfriend/boyfriend, ...)
I think that each asset/timeframe chart has its own history. What worked in a post could work in the future.
In that regard, if a trend direction worked in the past, that's the parameter that I'll use to trade with it in a demo account and make sure it's relevant. If not then I will adjust
If you're trading with new indicators or a new method right away on your real trading account, you're gonna have a bad time imgflip.com
Lines EVERYWHERE
The script draws the classical horizontal pivots + the zig zag lines + the Higher Highs/Lower Lows label in just 1 script. I'm very excited to share a script (on which I coded 100 lines out of 500) but no one else did it
The horizontal pivots part are coming from Backtest Rookies
For more security, you can add a pullback on a moving average after getting a signal. Pullbacks are necessary to limit any eventual loss or maximize your gains by getting in the trend sooner.
I really give you a solid method and a great script in my opinion. 6 years of experience given away for FREE :p (when Dave will start thinking as a business man instead :O)
Does it repaint ?
Getting this question twice a day. You guys are obsessed with the repainting :)
Short answer, yes because it will calculate the pivots and zig zags whenever new higher highs/lower lows will be formed.
However, the trend direction code is based on the candle close so it shouldn't repaint. If it does, please let me know
See you all on Monday
Love you all
Dave
____________________________________________________________
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Disclaimer:
Trading involves a high level of financial risk, and may not be appropriate because you may experience losses greater than your deposit. Leverage can be against you.
Do not trade with capital that you can not afford to lose. You must be aware and have a complete understanding of all the risks associated with the market and trading. We can not be held responsible for any loss you incur.
Trading also involves risks of gambling addiction.
Please notice I do not provide financial advice - my indicators, strategies, educational ideas are intended to provide only some source code for anyone interested in improving their trading
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Hoang_dep_trai//Created by user Hoang Dep Trai
//Forex Session Templates Based on EST-New York Time Zone
//Special Thanks to TheLark AKA The Coding Genius for helping me with the "On - Off" CheckBoxes in the inputs tab
study(title="Hoang_dep_trai",shorttitle="Hoang_dep_trai", overlay=true)
timeinrange(res, sess) => time(res, sess) != 0
//Change true to false = You have to turn on, won't show up by default
//****Always use lowercase letters
doEurOpen = input(defval=true, type = bool, title="Euro Open On")
doEurSession = input(defval=true, type = bool, title="Euro Session On")
doEurClose = input(defval=true, type = bool, title="Euro Close On")
//You can copy and paste these colors. white - silver - gray - maroon - red - purple - fuchsia - green - lime
// olive - yellow - navy - blue - teal - aqua - orange
europeSession = #1E90FF
//****Note ---- Use Military Times --- So 3:00PM = 1500
bgcolor(doEurSession and timeinrange(period, "0815-1215") ? europeSession : na, transp=75)
MacAlligatorO indicador é baseado nos parâmetros do Alligator de Bill Wiliams, onde o histograma mostra a diferença do preço médio em relação à mandíbula, vc consegue extrair setups como Ponto Contínuo, Breakout, Power Breakout, entre outros Ficou mais rápido do que o Awsome Oscilator. já que utiliza o pm puro ao invés da mediana entre os lábios e mandíbula.
A linha mais grossa é o acelerador, refere-se à diferença do preço médio e os lábios e com sua coloração medida pelos dentes, ficou mais ágil que o Accelerator Oscilator, já que usa o pm puro ao invés de subtrair do AO.
E a linha mais fina é por minha conta e demonstra a qualidade da tendência e divergências. 'É relativamente simples de se operar, mas precisa acostumar os olhos. Um setup simples é esperar uma boa tendência no histograma e entrar quando o acelerador voltar próximo ou menor que zero, no rompimento da máxima do candle ou abertura, dependendo da sua confiança.
Awesome Oscillator with EMAThe indicator is the Awesome Oscillator but with Exponential Moving Averages . I simply replaced SMA by EMA in the calculus and added, as an option, smoothing with a variable period. It reduces greatly lags and is more efficient when the price moves big.
It is used the same way the standard Awesome Oscillator works. You can refer to the TradingView page about this simple indicator.
I added smoothing as an option too. You can add it or remove it and set the period you want in the settings of the indicator.
Awesome Oscillator Hull MAIt is the Awesome Oscillator , but with a Hull Moving Average. It gives the indicator way more precision about the trend.
It is used the same way the standard Awesome Oscillator works. You can refer to the TradingView page about this simple indicator.
I added smoothing as an option too. You can add it or remove it and set the period you want in the settings of the indicator.
Bull and Bear Fear Expert by Walter Downs StrategyBull and Bear Fear Expert by Walter Downs Strategy
AO By Minh DucAwesome Oscillator By Minh Duc
- Awesome Oscillator
- Fast Line Cross
- Master Trendline
Use for all time frame.
Price: 50$ for a month with user guide trading system.
Contact me: Telegram @minhduc1712
CryptoEarnings Alligator EMAIt is very useful indicator to predict the market trend very fast. It works in all time frame but it is more useful in short time frame like 3 Min, 5 Min, 15 Min for intraday traders
IO_William's Variable Accumulation DistributionThis is an academic version of William's Variable Accumulation Distribution(WVAD) smoothed with a weighted moving average for measuring correlation of price with intraday volume
Wisemen Bill Ali Williams v3Use 2 timeframe:
Current timeframe + configurable timeframe (default: 6hours)
Get resistance & support for both timeframe.
Entry when breakout both resistance or both support
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Double Accelerator OscillatorThis is a modified version of Bill Williams' Accelerator. The Accelerator measures the difference between the Awesome Oscillator(another Williams indicator) and its 5 day SMA.
This script plots 2 accelerators rather than 1. Users can define the lengths of the fast and slow SMA's used in the Awesome Oscillator calculation by adjusting the options in the input menu.
We set the default the lengths of the fast and slow SMA's used in the first Awesome Oscillator calculation as 34 and 7 periods. Then to find the Accelerator Oscillator, the difference between the Awesome Oscillator and its 7 period SMA is calculated. The second Accelerator uses shorter window lengths than the first. The fast SMA length is 5 by default and the slow SMA length is 18. Finally, the length of the Awesome Oscillator SMA used to calculate the second Accelerator Oscillator is 3.
By utilizing two Accelerator Oscillators with increasingly shorter window lengths, this indicator identifies changes in momentum very well.
The red and green histogram represents the first Accelerator Oscillator. It is green when the Accelerator is increasing and red when it is decreasing. I found this layout to be more practical than the standard, which plots the AC as green when it is greater than 0 and red when less than zero. The second Accelerator Oscillator is plotted as the bright green and pink circle line. It uses the same coloring conditions as above.
Crayons GrayonsUpdate for
Crayons 0.2
Crayons is early onset hyper customizable trend reversal trading suite
There is some big changes for Signal and Pivot generation and its set as Default mode so in case of nostalgia for white noise there is an option to "rollback" placed at the top of input menu
As always- hyper customizable
Every singal core crayon signal group will be turned on by default so open input menu for personalizing signals to charts and personal character
Crayons 0.2-
Greatly improved Signal quality
Improved Pivot detection logic
Two Set's of Pivots "Cleaned" and "Vanilla"
Optional Polichrome candle painter mode to provide additional information on demand
Optional Labels for signals and pivots
Secondary risk filter filtering "riskier" signal sequences (Experimental)
Second MA is changed by ATR modified to work as trailing S/R (Source is ohlc4 for whip protection model is experimental ,filters used is not suitable for micro tf so atr calls for higher periods, its experimental and will be fixed or removed with later updates, added for testing purposes)