[astropark] I Love GannDear Followers,
yet another great tool! Gann was historically a great trader, who strictly followed his theory and died so rich!
Gann Fan is a great indicator: it draws a series of trendlines from important highs and lows in the chart and, as you will see from the chart itself, price action feels those trendlines, which acts as support and resistance !
Once a trendline is broken up, price tends to go upper to the next one, while the contrary happens when a trendline is broken down.
Here an example on BTCUSD:
Here an example on EURUSD:
This indicator
draws for you the Gann Fan, you don't need to do anything !
works on both cryptocurrencies, stocks and forex charts
works on every timeframe, but I suggest you to use it on high timeframes, where it's more reliable
lets you select the starting and the ending day-time from which and to which you want to see gann fans
lets you make trendlines be drawn dashed if you like, as well as you can edit their width
Breakouttrading
Donchain BreakoutIt is a long only strategy.
1. Buy when price breaks out of the upper band.
2. Exit has two options. Option 1 allows you to exit using lower band. Option 2 allows you to exit using basis line.
3. Slippage and commissions are not considered in the return calculation.
[astropark] Support Resistance Trendlines Swing PointDear Followers,
I'm very happy to publish this new tool, which will help you easily find
basic trend momentum (red if a bearish momentum is found, green viceversa)
Support Levels (where you can place your buy orders or short targets)
Resistance Levels (where you can place your sell orders or long targets)
Trendlines , known as diagonal supports and resistances (if price breaks a green one, then it's time to buy/long! otherwise if price breaks a red one, then it's time to sell/short)
Donchian Channel , which will memorize for you latest highs and lows, which may get retested for example
Swing Point , very useful point where to open a position while price holding above or below it
This script:
works on all timeframes
lets you edit each support-resistance cloud settings
lets you activate a third support-resistance cloud if you like
lets you choose if enable only one or disable all of them or whatever combination...
lets you choose to enable or disable trendlines, basic trend, donchian channel, swing point, etc... So very customizable user experience!
This is a premium indicator , so send me a private message in order to get access to this script.
BEST Long Term Levels Breakout ScreenerHello traders
Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke)
We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - Long Terms concept
I had the idea from @scarff.
I think it's genius and I use this long terms level in my trading across all assets.
The screener, in particular, analyzes whenever the price breaks out a weekly/monthly/quarterly/yearly level on candle close .
Triggering events on candle close = we get rid of the REPAINTING = we remove the fake signals (in that case the fake breakouts).
The candle close is based on the close of the current chart => if the chart displays candlesticks on the weekly timeframe, then the considered close will be the weekly close.
If in daily timeframe, the close will be .............................. 4h (#wrong)..... kidding :) .............. DAILY obviously
II - How did I set the screener
The visual signals are as follow:
- square: breakout of a high/low weekly level
- circle: breakout of a high/low monthly level
- diamond: breakout of a high/low quarterly level
- flag: breakout of a high/low yearly level
- dash: none of the above
Then the colors are:
- green when bullish
- red when bearish
- orange/dash when none of the above
Cool Hacks
"But sir... what can we do with only 3 instruments for a screener?" I agree not much but...
As said previously... you can add multiple times the same indicator on a chart :)
Wishing you all the BEST trading and.... wait for it... BEST weekend
Dave
ORB WITHOUT WEAK CANDLE WITH ALERTS [MV]This indicator for automation Trading with Alerts
I already explain every plot in Chart
Opening Range Breakout LinesDisclaimer: Use proper risk management and remember that all trading involves risk.
Based on RicardoSantos' "Open Session Breakout Trader Strategy"
I turned it into a study and tweaked it for trading Silver
My goal when creating this was to help visualize breakout lines for multiple trading days at the same time without having to always draw them in.
TradewithPuneet: Pro-BreakoutsThe Pro-Breakouts strategy is designed to get into a LONG position when a stock enters an Uptrend after a breakout. This strategy gives you:
• BUY signals : On a breakout, with strong probability of continuing up-moves.
• No SHORT signals are included in this strategy.
Through this strategy, we aim to ride a big chunk of the Uptrend till it reverses.
The strategy uses certain filters to avoid fake breakouts. Once those filter conditions are met, the stock waits for a breakout of key resistance level. Upon the breakout, the stock gives a BUY signal. Finally, when the stock breaks its key support level, it gives an EXIT signal.
The strategy guides you the price level at which to BUY and EXIT. You can also input your acceptable stop loss and profit booking levels, which are then displayed on the chart. The resistance and support lines (which result in trades) are drawn automatically on the chart.
The strategy is for medium to long-term traders . It works only on Daily timeframes and on closing prices. Hence, during the market hours, if a stock breaks out of its key-resistance level, you will see a BUY signal, but if it closes below it, the signal will disappear.
This strategy is only built for stocks, not for indices or any other financial instrument.
W5T BITSThe B.I.T.S (Breakout Intelligent Breakout Signals) Trading Suite is for swing and day trading instruments with Volume and price action. So Cryptocurrency, Futures , Stocks and Commodities on all time frames. We are looking at squeezes in price action with increased volume . Then the proximity to our points of control, which are different EMA´s
Developed through in our Cloud
Signal Candles Both Long & Short
Entry & Stop Loss Prices
Automated Bias Indicator
W5T Special Points of Control
Yesterday's HLC levels and labels
Automatic Risk Calculator when trading Stocks
Training Bootcamp
See our signature to learn more!
(TBO) Trending Break OutTBO (Trending Break Out) is an indicator designed to help identify trends within the markets. Users are able to see trend continuations and potential trend reversals. Potential breakouts are also shown as trend strength increases or decreases. There are buy signals and short signals included as well. Clouds show underlying support or resistance areas and potential changes in trend strength. Pivots show resistance and support as well.
-Brought to you by Drungle_OG and MooninPapa (YouTubes)
BOSS Automatic Trendlines and Support Zones IndicatorTHE BEST FOREX, BINARY OPTIONS, STOCK AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Our auto-trendlines indicator and our support and resistance zones indicator with Fast and Slow EMA's all combined in one!
TrendLines
Trendlines when drawn properly make an excellent tool for traders. Used improperly though, they become ineffective and even counterproductive, resulting in a belief that prices have made a reversal when they really haven't, or that a trend has strength when price action suggests it doesn't.
The Boss Auto Trendline Indicator draws the trendlines automatically, and now you can effectively use trendlines as part of your trading strategy.
Trendlines highlight a trend or range (sideways movement). A trendline connects swing lows, where the low is lower than the surrounding prices, and swing highs in price. When the price rises, the swing lows rise.
Red Lines & Dots.
Connecting these lows with a line results in an ascending trendline , showing you that the trend is up. A trendline can also be drawn along the swing highs. This shows the angle of ascent, and the strength of the price move, whether strongly higher or not.
Green Lines & Dots
When the price falls, the swing highs fall. Connecting these highs with a line results in a descending trendline , illustrating the downward trend. A trendline can also be drawn along the swing lows. This shows the angle of descent and the strength of the downward price movement.
Support & Resistance Zones
Green = Support Zones
Red = Resistance Zones
The basic trading method for using support and resistance is to buy/long near support in uptrends, and to sell/short near resistance in downtrends.
Fast & Slow EMA's
Trend Following - you essentially use the EMA to track the primary trend. If a trading pair does not close beyond the average - you stay in the trade.
Moving Average Crosses - by using two different exponential moving average crosses you can generate buy and/or sell signals. For example, you can have a fast average cross a slow average to trigger a trade signal.
Dynamic Support and Resistance - EMA periods like the 21 or 55 can act as support and resistance zones.
BOSS Automatic TrendlinesTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Trendlines when drawn properly make an excellent tool for traders. Used improperly though, they become ineffective and even counterproductive, resulting in a belief that prices have made a reversal when they really haven't, or that a trend has strength when price action suggests it doesn't.
The Boss Auto Trendline Indicator draws the trendlines automatically, and now you can effectively use trendlines as part of your trading strategy.
Trendlines highlight a trend or range (sideways movement). A trendline connects swing lows, where the low is lower than the surrounding prices, and swing highs in price. When the price rises, the swing lows rise.
Red Lines & Dots.
Connecting these lows with a line results in an ascending trendline, showing you that the trend is up. A trendline can also be drawn along the swing highs. This shows the angle of ascent, and the strength of the price move, whether strongly higher or not.
Green Lines & Dots
When the price falls, the swing highs fall. Connecting these highs with a line results in a descending trendline, illustrating the downward trend. A trendline can also be drawn along the swing lows. This shows the angle of descent and the strength of the downward price movement.
Available at bosscripts.com
Website bosscripts.com
52 Week High/Low to YesterdayThis script adds the 52 weeks (one year) high/low to the chart but it wouldn't update the value on the current trading day, so that it would remain at the same level for the whole trading day. It can come really handy for day trading the day of the 52 weeks high/low breakout/breakdown.
PlutusX BreakoutHello PlutusX Family,
We created this GBPUSD breakout strategy for you all. This strategy can be easily automated on your broker account. This strategy is SPECIFICALLY for people who have no time to stare at charts (like me), or do not necessarily want to learn technical analysis.
Currency Pair: GBPUSD
Time Frame: Any (H1 is better)
Trading Rules:
1- Open your chart on 08:00 AM (GMT), or 02:00AM MST.
2- This strategy will find Max & Min price to use for later, in addition to 2 t/p zones.
3- You have 2 numbers. Maximum Price & Minimum Price. Now should open 2 pending orders:
Buy Stop:
At: Maximum Price Line + 2 pips
T/P: 1st dotted line above the Maximum Price Line
T/P: 2nd dotted line above the Maximum Price Line
S/L: Minimum Price Line - 2 pips
Expiratory: Next trading day at 08:00 AM (GMT)
Sell Stop:
At: Minimum Price Line - 2 pips
T/P: 1st dotted line below the Minimum Price Line
T/P: 2nd dotted line below the Minimum Price Line
S/L: Maximum Price Line + 2 pips
Expiratory: Next trading day at 08:00 AM (GMT)
4- Now you can even turn off your computer and sleep. If any of above pending orders activated, let it touch T/P or S/L itself. It may take some hours or even some days. Please never close it manually.
Inactive pending orders will expire next trading day at 08:00 AM (GMT). At this time you should go to the first stage and repeat this cycle for the next day.
--
I'd recommend that you use this in addition to your technical analysis. Be aware of fundamental news such as NON-Farm, FOMC, etc. Those news sources tend to create intense volatility in the FX market and could trigger buy & sell orders simultaneously. In which, I'd suggest a technique called fading. Video on that soon.
Now that my TED Talk is over on blockchain I can be more active with the trading series and technical analysis.
Be sure to use the PlutusX EMA script that I created for BTC as well.
--
I created this script as a "study" with TV so that means there are now values assigned to W/L ratio or P/L. However, you can easily visualize the P/L and W/L ratio and from our count, we are experiencing a 73% win ratio with ~120% gains YoY. Not bad for an easily automated strategy.
--
ATTENTION
We are not accountable for the loss that may occur from using this strategy. This is merely a tool for your trading arsenal. Trading involves risk to lose some or all of your money. Past results are NOT indicative of future returns. Trade carefully my friends.
Peso Pros Asia Breakout with AlertsAsia Breakout indicator using some magic sauce with two take profit levels and alerts to go long or short. Works on a variety of pairs as discussed in the Peso Pros group and course. SL the other side of the trade at the middle of the box or the end.
LB_MP - Trade AlertsYou must use this indicator on a LineBreak chart.
Alerts
A red bar means go short.
A green bar means go long.
Any yellow bar is a good exit, most likely the first yellow after a trade should be used.
Setting Alerts
You can set alerts by selecting the indicator when you add a new alert.
It will alert a new long position.
It will alert a new short position.
It will alert closing signals.
Honestly, you can probably find better exits on a different chart. But it's still profitable on any time frame of anything you want to trade. Enjoy!!
SignalToSignal.com - Logical Trade LevelsOur Logical Trade Levels (Targets and Stall Points) indicator is a simple but powerful version of support and resistance. We do a fair bit a behind the scenes algorithmic magic but essentially these levels act as very strong support and resistance for entries and also targets. Many of our previously published ideas use these levels to determine likely stall points for our entries as well as best targets up and down. You can see from those published levels how easily you know where price will likely stall out or needs to move through.
While these levels work great for simple support and resistance style break out trading, they work even better when used in combination with our other systems. When using Logical Trade Levels with our other indicators you have a complete solution for not only entering trades correctly (using our Volume Analysis Trading System) but also exiting and avoiding trades at what are the best and worst areas based on the Logical Trade Levels.
To gain access to the Logical Volume Trading System, please visit our website .
If you have any questions, please contact us through the Contact link on our website - signaltosignal.com
QFT Crypto Bottom FeederQFT Crypto Bottom Feeder
This indicator is intended to be used with alerts and Autoview for buy signals. I do not have sell signals enabled at the moment. The goal is to catch the bottoms of markets swings. I use this for 1,3 and 5 min charts for small %s. You can adjust the base sensitivity as well as how far down it's looking to buy. Defaults are 3 candles for bases/resistance, .20% below base for buys. The buy plots are absolute locations - so where they lie, is where the buy signal will execute.
DepthHouse - Envelope OscillatorDepthHouse Envelope Oscillator is designed to show dynamic support and resistance, along with possible over extension.
The indicator has two main functions. The Standard function (top) and the Shifted function (bottom).
The Standard Function:
The oscillators outermost edges represent dynamic support and resistance. These points can often represent excellent buy and sell opportunities. Especially in a ranging market.
Anything below or above these lines often represent a possible breakout or overexertion in either direction.
The Shift Function:
This works very similar to the standard function, however this actually offsets the calculations x to the right. This can be an excellent tool for breakout traders. In many breakouts, the horizontal lines actually shift from resistance to support, and visa versa depending on trend direction.
With this function enabled, the user can designate the position of the horizontal lines, which adjusts the buy sell signals in the middle as well.
Signals Beta:
Both functions give possible buy and sell signals shown by the circles in the middle. The strength of the signal is shown by the circle size. The larger the circle, the stronger the signal.
This feature is in beta testing is not advised to trade off of.
How to get:
As you can see this is an invite only script. In the coming months this indicator, along with many others will become pay to use only. (website on my profile page)
However all my indicators will be FREE until AT LEAST May of 2018 . So please try them out!
To take advantage of this FREE trial
1. Subscribe to my YouTube channel. I have many more videos to come! Maybe even leave a comment of what you would like to see next!
www.youtube.com
2. Comment on this indicator post! Maybe even give me a follow :D
I hope you all enjoy!!
Darvas BoxesExcerpt from TraderHQ: "Darvas Box is a great technical analysis indicator, with an interesting background and creator. Nicholas Darvas, a dancer by trade, made $2,000,000 in an 18-month period trading stocks using the Darvas Box method, while traveling the world on dance tours. The method is designed to capture emerging trends, and ride them for big potential profit, all while keeping risk contained."
Excerpt from Investopedia:
DEFINITION of 'Darvas Box Theory'
Darvas box theory is a trading strategy that was developed in 1956 by former ballroom dancer Nicolas Darvas. Darvas' trading technique involves buying into stocks that are trading at new highs. A Darvas box is created when the price of a stock rises above the previous high but falls back to a price not far from that high.
BREAKING DOWN 'Darvas Box Theory'
The Darvas box theory is essentially a momentum strategy. It uses market momentum theory and technical analysis to determine when to enter and exit the market, and it uses fundamental analysis to determine what to buy or sell. If the price breaks out of the box, it is a sign of a breakout. In this way, the Darvas box helps traders determine what price to enter and exit the market.
In 1956, Darvas turned an investment of $10,000 into $2 million over an 18-month period using this theory. While traveling as a dancer, Darvas obtained copies of The Wall Street Journal and Barron's, but he would only look at the stock prices to make his decisions. It has been said that Darvas was less happy about the profits that he made than he was about the ease and peace of mind that he got from implementing his system. Skeptics of Darvas' technique attribute his success to the fact that he was trading in a very bullish market. They also say that his results can't be attained if this technique is used in a bear market.
The Philosophy: What to Buy
The main idea behind Darvas' trading philosophy is to focus on growth industries. These are industries that are expected to outperform the market. Darvas selected a few stocks from these industries and monitored their prices every day. He looked for signs that the stock was ready to make a strong move. The main indicator he used to look for these signs was volume. A significant increase in volume increased the likelihood of a big move. Darvas looked for unusual volume on a handful of companies in industries he expected to grow.
The Trading Strategy: When to Enter and Exit
Once Darvas noticed unusual volume, he created a Darvas box with a narrow price range. The stock's low for the time period presents the floor of the box. The stock's high for the time period represents the ceiling of the box. When the stock breaks through the ceiling of the box, the trader is supposed to buy the stock. Likewise, when the stock goes below the floor of the Darvas box, it is time to sell."
Great trading strategy, and an indicator never before seen on TradingView!
