B4Signals Levels PremiumB4Signals Levels is a versatile indicator that allows traders to recognize key price levels, entry and exit points, and appropriate risk management.
B4Signals Levels indicator identifies trade entries for pivot points and breakouts. Trade entry points identified with B4Signals Levels are highly accurate on their own but they become very powerful when integrated into the rest of the B4 suite of indicators. Each entry is confirmed and validated with the the B4Signals Trading System before opening a position.
B4Signals Levels features:
10 clearly identified pivot points that provide traders with key support, resistance, trade entry and exit levels
Trade entry signals with profit target and stop loss levels
Breakout signals with profit target and stop loss levels
Trend reversal arrows for possible peak points of an existing trend
Trend exhaustion arrows for profit taking zones
Traders can enable and customize the following:
Select the aggregation to fit the trader's style of trading (intraday, swing trades, options, etc.)
Customize the visibility of the historical levels for backtesting
Customize the visibility of different types of trade entries
Setup alerts and get notified:
Trade entries are triggered
Price breakouts are triggered
Trend reversal has been identified
Trend exhaustion has been identified
Disclaimer
Copyright by B4Signals.
The information contained in our scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. We will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Buysell
B4Signals IndicatorB4Signals Indicator is part of a suite of technical indicators that will help you target high value trading opportunities no matter what you trade. A successful trader understands the need to take advantage of opportunity when there is a trend that exhibits good momentum. Now, with B4Signals Indicator you can capture momentum while managing risks with our multi-featured indicator that is designed to identify breakouts or breakdowns in every market condition while providing clear trade entries and exists upon a single glance.
B4Signals Indicator is simple and easy to learn, yet robust enough to be reliable across all types of stocks, in all types of market environments. It provides high probability of reliable signals. It harnesses the power of confluence of indicators to confirm buy/sell conditions.
Virtually every day, B4Signals Indicator proves itself in the real world trading arena-rendering profits over a variety of markets and time frames. We combined highly successful trend following strategies to identify breakout or breakdown points as entry signals. B4Signals Indicator is an extremely accurate tool, and a vital and part of our B4 Trading System, a suite of technical indicators that provides amazingly accurate buy and sell entries, protective stops, trailing stops and profit targets. With every trade you will know the precise entry level and whether you are going long or short, how much you need to risk on the trade and when to exit.
Either As A Stand Alone Indicator or As a Part of Our Suite:
B4Signals Indicator can be used standalone or as a part of your current trading strategy.
Let the B4 Trading System show you when to get in a trade, how long to let your profits run, and when to exit. Virtually every possible market contingency is covered by the system rules so you always know exactly what to do. At the time of every entry, you always have a solid protective stop and precise target so you know exactly where to get in and where to get out and what to do in case things don’t go your way. This eliminates many stressful decisions associated with trading errors and unnecessary losses. B4Signals Indicator was designed for both new and seasoned traders.
B4Signals Indicator Features:
Trading Bands - These bands by themselves can be highly effective tools, but the potential for trading success is greatly increased when combined with B4 System
Confluence Conformation Cloud - A special combination of top performing, proven technical indicators that produces an incredibly easy and reliable way to identify the start and end of market trends
Bull Bear Lines - These fire either red or green to alert you to get ready to enter your position
Buy & Sell Signal Entries - When these signals are generated, they alert us to a market ready to possibly explode to new highs or lows
Trend Line - Identifies the prevailing direction of price. It shows the direction and speed of price, clearly and accurately identifying when bullish or bearish momentum is high
Squeeze Dots - Alerts you when markets may break out of a consolidation range
Squeeze Cloud - Changes colors in the bands when a squeeze is present getting you ready for an explosion in price action
Labels - Market Forecast, Trend, Divergence and Squeeze Alert. These labels are color coded to held you identify market turning points
Bar Coloring - Allows several options to color the candles according o strategies within the indicator
Our indicator is completely customizable and clearly identifies buy and short signals based on a combination of 12 unique metrics.
B4Signals Indicator Works In Any Market & Allows Users To:
Stay in positions longer, and catch entries/exits & reversals with crystal clear signals for precision
Designed for both trend following and contrarian traders
Timely filter out noise from the price in order to have clear pictures of the underlying market trend
Catch trends when they change bullish/bearish colors from green to red & vice versa
Improves chances of getting out of a winning position in profit
Disclaimer
Copyright by B4Signals.
The information contained in our scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. We will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
3 Seas RSI Wave OscillatorTraditional Triple RSI Oscillator combining a Fast, Normal, and Slow RSI to achieve high accuracy entry and exit strategies. This indicator is UNIQUE because it uses a mathematical filter to trim false signals from the RSI, thus creating a reliable RSI driven entry and exit indicator represented by red and green arrows. For additional functionality divergences are identified and live plotted. UNIQUELY Alongside the 0 axis an OBV function is charted relative to the RSI to allow OBV and RSI divergences to be observed on equal mathematical scales, this is exceedingly useful to observe relative strength at pools of liquidity. The three main configured RSI's are also plotted for traditional usage case but can be removed.
Green arrow indicates a Buy opportunity optimized for standard Dollar Cost Averaging strategies.
Red arrow indicates a Sell opportunity optimized for standard Dollar Cost Averaging strategies.
Not Financial Advice.
Super Rev StudyThe super Rev Study is a buy sell indicator that uses a combination of 3 super trend lines , EMA, Williams %R and the squeeze momentum indicator.
The super trend lines and ema are utilised to locate the trend.
The williams %R has been incorporated to determine overbought/oversold conditions.
The buy and sell flags are generated based on the following conditions:
The location of the price in relation to the super trend lines
if the price is above or below the EMA.
If the Williams %R is oversold/overbought
The squeeze momentum indicator can be added as a filter to only allows trade in certain conditions i.e bullish and above the 0 line or avoid trades if bearish and above the 0 line for example.
All the indicators involved can be customised to created a unique indicator
Created by manomanomano, Developed by @badshah_e_alam
Mesa Advanced TriggersThis indicator is based on the indicator 'MESA Phase ' by shayankm (so shoutouts to him for the open source code)
MESA Phase :
sayankm: www.tradingview.com
In this advanced version of the indicator, green/red dots will be printed on the pivot points & alerts can be triggered on these. There is also a zone (which you can adjust) that dot's will not be printed in, you want to adjust this to try and avoid dots being printed during sideways movement.
Weis Wave Volume Bar Colours AdvancedIn this advanced version of the Weis Wave Volume Bar Colour indicator, you can change the trend length for the green & red bars individually. Alerts can also be triggered at the start of a new trend easily, by the green/red dots.
72s Strat: Backtesting Adaptive HMA+ pt.1This is a follow up to my previous publication of Adaptive HMA+ few months ago, as a mean to provide some kind of initial backtesting tools. Which can be use to explore many possible strategies, optimise its settings to better conform user's pair/tf, and hopefully able to help tweaking your general strategy.
If you haven't read the study or use the indicator, kindly go here first to get the overall idea.
The first strategy introduce in this backtest is one most basic already described in the study; buy/sell is when movement is there and everything is on the right side; When RSI has turned to other side, we can use it as exit point (if in profit of course, else just let it hit our TP/SL, why would we exit before profit). Also, base on RSI when we make entry, we can further differentiate type of signals. --Please check all comments in code directly where the signals , entries , and exits section are.
Second additional strategy to check; is when we also use second faster Adaptive HMA+ for exit. So this is like a double orders on a signal but with different exit-rule (/more on this on snapshots below). Alternatively, you can also work the code so to only use this type of exit.
There's also an additional feature which you can enable its visuals, the Distance Zone , is to help measuring price distance to our xHMA+. It's just a simple atr based envelope really, I already put the sample code in study's comment section, but better gonna update it there directly for non-coder too, after this.
In this sample I use Lot for order quantity size just because that's what I use on my broker. Also what few friends use while we forward-testing it since the study is published, so we also checked/compared each profit/loss report by real number. To use default or other unit of measurement, change the entry code accordingly.
If you change your order size, you should also change the commission in Properties Tab. My broker commission is 5 USD per order/lot, so in there with example order size 0.1 lot I put commission 0.5$ per order (I'll put 2.5$ for 0.5 lot, 10$ for 2 lot, and so on). Crypto usually has higher charge. --It is important that you should fill it base on your broker.
SETTINGS
I'm trying to keep it short. Please explore it further again. (Beginner should also first get acquaintance with terms use here.)
ORDERS:
Base Minimum Profit Before Exit:
The number is multiplier of ongoing ATR. Means that when basic exit condition is met, algo will check whether you're already in minimum profit or not, if not, let it still run to TP or SL, or until it meets subsequent exit condition, then it will check again.
Default Target Profit:
Multiplier of ATR at signal. If reached before any eligible exit condition is met, exit TP.
Base StopLoss Point:
You can change directly in code to use other like ATR Trailing SL, fix percent SL, or whatever. In the sample, 4 options provided.
Maximum StopLoss:
This is like a safety-net, that if at some point your chosen SL point from input above happens to be exceeding this maximum input that you can tolerate, then this max point is the one will be use as SL.
Activate 2nd order...:
The additional doubling of certain buy/sell with different exits as described above. If enable, you should also set pyramiding to at least: 2. If not, it does nothing.
ADAPTIVE HMA+ PERIOD
Many users already have their own settings for these. So in here I only sample the default as first presented in the study. Make it to your adaptive.
MARKET MOVEMENT
(1) Now you can check in realtime how much slope degree is best to define your specific pair/tf is out of congestion (yellow) area. And (2) also able to check directly what ATR lengths are more suitable defining your pair's volatility.
DISTANCE ZONE
Distance Multiplier. Each pair/tf has its own best distance zone (in xHMA+ perspective). The zone also determine whether a signal should appear or not. (Or what type of signal, if you wanna go more detail in constructing your strategy)
USAGE
(Provided you already have your own comfortable settings for minimum-maximum period of Adaptive HMA+. Best if you already have backtested it manually too and/or apply as an add-on to your working strategy)
1. In our experiences, first most important to define is both elements in the Market Movement Settings . These also tend to be persistent for whole season since it's kinda describing that pair/tf overall behaviour. Don't worry if you still get a low Profit Factor here, but by tweaking you should start to see positive changes in one of Max Drawdown and Net Profit, or Percent Profitable.
2. Afterwards, find your pair/tf Distance Zone . When optimising this, what we seek is just a "not to bad" equity curves to start forming. At least Max Drawdown should lessen more. Doesn't have to be great already, but should be better, no red in Net Profit.
3. Then go manage the "Trailing Minimum Profit", TP, SL, and max SL.
4. Repeat 1,2,3. 👻
5. Manage order size, commission, and/or enable double-order (need pyramiding) if you like. Check if your equity can handle max drawdown before margin call.
6. After getting an acceptable backtest result, go to List of Trades tab and find the biggest loss or when many sequencing loss in a row happened. Click on it to go to exact point on chart, observe why the signal failed and get at least general idea how it can be prevented . The rest is yours, you should know your pair/tf more than other.
You can also re-explore your minimum-maximum period for both Major and minor xHMA+.
Keep in mind that all numbers in Setting are conceptually in a form of range . You don't want to get superb equity curves but actually a "fragile" , means one can easily turn it to disaster just by changing only a fraction in one/two of the setting.
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If you just wanna test the strength of the indicator alone, you can disable "Use StopLoss" temporarily while optimising settings.
Using no SL might be tempting in overall result data in some cases, but NOTE: It is not recommended to not using SL, don't forget that we deliberately enter when it's in high volatility. If want to add flexibility or trading for long-term, just maximise your SL. ie.: chose SL Point>ATR only and set it maximum. (Check your max drawdown after this).
I think this is quite important specially for beginners, so here's an example; Hypothetically in below scenario, because of some settings, the buy order after the loss sell signal didn't appear. Let's say if our initial capital only 1000$ using leverage and order size 0,5 lot (risky position sizing already), moreover if this happens at the beginning of your trading season, that's half of account gone already in one trade . Your max SL should've made you exit after that pumping bar.
The Trailing Minimum Profit is actually look like this. Search in the code if you want to plot it. I just don't like too many lines on chart.
To maximise profit we can try enabling double-order. The only added rule coded is: RSI should rising when buy and falling when sell. 2nd signal will appears above or below default buy/sell signal. (Of course it's also prone to double-loss, re-check your max drawdown after. Profit factor play its part in here for a long run). Snapshot in comparison:
Two default sell signals on left closed at RSI exit, the additional sell signal closed later on when price crossover minor xHMA+. On buy side, price haven't met our minimum profit when first crossunder minor xHMA+. If later on we hit SL on this "+buy" signal, at least we already profited from default buy signal. You can also consider/treat this as multiple TP points.
For longer-term trading, what you need to maximise is the Minimum Profit , so it won't exit whenever an exit condition happened, it can happen several times before reaching minimum profit. Hopefully this snapshot can explain:
Notice in comparison default sell and buy signal now close in average after 3 days. What's best is when we also have confirmation from higher TF. It's like targeting higher TF by entering from smaller TF.
As also mention in the study, we can still experiment via original HMA by putting same value for minimum-maximum period setting. This is experimental EU 1H with Major xHMA+: 144-144, Flat market 13, Distance multiplier 3.6, with 2nd order activated.
Kiwi was a bit surprising for me. It's flat market is effectively below 6, with quite far distance zone of 3.5. Probably because I'm using big numbers in adaptive period.
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The result you see in strategy tester report below for EURUSD 15m is using just default settings you see in code, as follow:
0,1 lot for each order (which is the smallest allowed by my broker).
No pyramiding. Commission: 0.5 usd per order. Slippage: 3
Opening position is only using basic strategy #1 (RSI exit). Additional exit not activated.
Minimum Profit: 1. TP: 3.
SL use: Half-distance zone. Max SL: 4.5.
Major xHMA+: 172-233. minor xHMA+: 89-121
Distance Zone Multiplier: 2.7
RSI: Standard 14.
(From our forward-testing, the difference we get from net profit is because of the spread, our entry isn't exactly at the close/open price. Not so much though, but not the same. If somebody can direct me to any example where we can code our entry via current bid/ask price, that would be awesome!)
It's already a long post (sorry), think I'm gonna pause here. Check out the code :)
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DISCLAIMER: Past performance is no guarantee of future results , and so on.. you know the drill ;)
Please read whole description first before using, don't take 1-2 paragraph and claim it's the whole logic, you are responsible of your own actions and understanding.
MTF SwingSwiss - Premium@panthair9, a SwingSwiss user, asked me to develop this script based on the two SwingSwiss crosses.
The indicator shows in real-time how the other timeframes are trading the asset.
It's pretty useful to know that the higher timeframes are also trading your way as it limits your risk (because you are trading the right trend)
You can choose up to five timeframes and style the lines and colored blocks 😃
There is one line per timeframe and whenever the green cross appears on the timeframe, it will get updated into the line as well !! I love the thing, thanks again @panthair9 ❤️
PS:
Dear SwingSwiss community, I am really trying to build the best indicator out there!
If you feel like I could improve the indicator in any way, just ask!
I'll do my best to make your dream indicator come true 🙌
Have A Great Day
Dan
NeverBot Basic Momentum ShiftNeverBots Basic Momentum Shift Script
This script is a basic up/down indicator to tell you which way momentum has shifted, this should be used as part of another system to add confluence to your already existing long or short thesis. Uses a simple algebraic equation to define the momentum and when up or down has shifted above/below the other.
Combine this with an MA strategy to get entries for a good hit rate. Typically used for intraday but you can still use this as an indicator for higher time frames.
Crypto is very volatile and momentum can shift within a few minutes which is why you will see some failed signals, but typically it works very well for catching the big moves in crypto as momentum becomes very strong due to FOMO etc..
Rolling Cumulative VolumeThis indicator show a simple rolling cumulative volume. A field is specified. Then all last volume indicators are summed.
For example it could calculate last 24h Volume if you use the 1h bars and set the length for 24.
© 2021 - SwingSwiss - BUY/SELL© 2021 - Dan Chetrit - BUY/SELL"
Product Description:
The Indicator combines the Relative Strength Index, Moving Average Convergence Divergence as well as Volume and Stochastic.
The idea is to cross multiple data and signals from these indicators in order to trigger buy when crossing above and sell when crossing below the signal line.
The idea was also to find a mathematical function that will trade the convergence of these lines trying to predict the market.
This indicator works better on a daily chart.
The indicator works long and short but is better for long positions.
The script also includes an EMA 50 line as well as an overbought/oversold RSI background.
The indicator can be used on every type of market: indices, stocks, cryptocurrencies, currencies, and others but, according to backtesting, it works better for the US stock market.
This study is not a guaranteed profit. You should backtest or trade virtual money before using this study on your real portfolio, as it is intended to be a tool. Do your research and learn about the company you are investing in.
Disclaimer:
Trading and investing in the financial markets involves substantial risk of loss and is not suitable for every investor.
All trading strategies are used at your own risk.
Please send me a private message or comment on TradingView to gain access to the script.
Buying Selling Volume low lagOriginally written by @ceyhun
I added a low lag filter to key components to smooth the bars. The user can adjust the parameters 'fast' and 'slow' to tune.
capam
The original comments of ceyhun are below repeated:
Buying Selling Volume
-Buy Volume
-Sell Volume
-Buy Volume Percent %
-Sell Volume Percent %
-Volume Index
-Buy Sell Volume-
BuyVolume>SellVolume=Blue barcolor
SellVolume>BuyVolume=Purple barcolor
-Volume Index-
VolumeIndex>length and close > open =Cyan barcolor
VolumeIndex>length and close < open =Gray barcolor
VolumeIndex<=length = Yellow barcolor
MOSTIFWhat is MOSTIF ?
MOSTIF is a combined trading strategies. There are indicators according to 3 different trading strategies and 7 different indicators are included. Trailing Stop and Partial Profits options are included.
Indicators
1-) Improved MOST. Values can be changed according to your wishes any market but settings may vary by market.
2-) Tillson T3 Indicator. Values can be changed according to your wishes any market and activating T3 Line for confirmation.
3-) 5 Different Oscillator Types. ("CCI", "RSI", "STOCH", "MFI" and "AVERAGE") are created with special algo types.
PT MSTx StochasticVersion 1.0 of our MSTx Stochastic indicator helps determine when a trend is strong vs. exhausted. The indicator is a modified version of the original stochastic. We added a second line for further confluence, which acts as support & resistance. The added smoothing toggle of the indicator can help you get a different perspective of the move. We also added a series of Fibonacci levels that act as pivotal areas. We have two highlighted areas that offer volatility. Our Red zone (upper fibs) should prompt you to look for short entries & our Grey zone (mid fibs), which acts as a neutral/range area.
Main line – Faster settings that move through support/resistance quicker.
Signal line- Slower settings that tend to act as support/resistance for our main line.
Strategy:
Shorting- Look for the Main line to cross down into the Signal line & then retest the Signal line. Stronger signal if algo is active (Maroon).
Longing – Look for the Main line to cross up into the Signal line & then retest the Signal line. Stronger signal if algo is active (Green).
This Oscillator was built around our buy sell indicator & it is used on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!
Market Trading Tools - Buy Sell SystemOur Buy Sell System indicator generally works on a modified version of the ATR ( Average True Range ) formula. The Buy Sell System is a trading method that generates Buy and Sell signals when conditions are met. These conditions include Exponential Moving Averages, ATR and depends on price action as well. Our indicator also shows a green/red background that indicates the trend on a chosen time frame.
** Our Indicator does not repaint.
** It can be used on any financial market; crypto, stocks or forex. We also encourage using time frames as the 15 minutes and above. The use of a higher than 4hr time frame requires special settings and once you have access to it, you can change the parameters as you want. We have enabled our users to freely use the settings as they wish and to their on discretionary.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We are happy to announce that our trading indicator is special and unique from different ones because it firstly eliminates noise coming out from an average ATR indicator. We believe we are providing a service second to none and we are happy with our product.We believe that we have not seen a similar indicator, and we are proud of our work and we will continue updating the indicator when we believe it is necessary according to market changes. We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator
Market Trading Tools - DivergencesOur Divergence indicator is another indicator we are happy to present to interested traders. The indicator detects the possible trend change and it is a well known tool among traders based on bullish and bearish divergences.
To use the indicator well, it will spot divergences but some minimal work might be needed to be done as connecting the waves together to make sure that you get the best entries. You can also wait for the dots to appear in order to take a trade either long or short depending on whatever financial market you are trading and your trading strategy.
The red dots will signify a bearish divergence (trend reversal to the downside), while the green dots will signify a bullish divergence (trend reversal to the upside). The orange and purple dots also will signify a stronger divergence either bullish or bearish .
The divergence indicator we are publishing today works on crypto, stocks, forex, futures and almost all financial assets, however we do recommend using higher time frames for better results and to filter the noise around the divergences (dots), however using lower time frames can just allow you a better entry sometimes since reversals happen on lower time frames than larger ones.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator (click on it once). Once the indicator is added to your chart you will see the indicator popping up to a lower pane.
We are happy to announce that our trading indicator is special and unique from different ones because of the features added above + we have added alerts to it. We believe that the indicator plotting and style on chart is also clean and easy for the eyes to catch compared to other indicators around. We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator
Buy and Sell CONFIRMATION ENTRY"Buy and Sell CONFIRMATION ENTRY" Product Description:
The indicator identifies market trends with visual buy/sell alerts on the chart.
Useful on higher timeframes available on Tradingview (ex: 4 hours, 1 Day).
The "Buy and Sell Confirmation" Indicator combines Moving Average Convergence Divergence and Relative Strength Index, which triggers technical signals when it crosses above (to buy) or below (to sell) its signal line. The crossovers transformed in buy and sell indicators is also taken as a signal of a market is overbought or oversold. The swing lines help you draw Elliott Waves to understand better where the market is heading.
The indicator can be used for every type of market: indices, stocks, cryptocurrencies, currencies and others.
This study is not a guarantee profit. You should backtest or trade virtual money before using this study on your real portfolio, as it is intended to be a tool and not a fortune teller.
Disclaimer: Trading and investing in the stock market and cryptocurrencies involves substantial risk of loss and is not suitable for every investor. The content covered in this videos is NOT to be considered as investment advice. I’m NOT a financial adviser. All trading strategies are used at your own risk.
Please send me a private message on TradingView to gain access to the script.
Buy/Sell IndicatorBased on logic from many top contributors here, the script utilizes LazyBear's WaveTrend Oscillator Indicator along with custom code to plot a few key components for daily trading;
Boundaries for entry and exit points which are based on a 6-day trend in OPEN/HIGH and OPEN/LOW prices.
Daily HIGH and LOW points to establish a good view of stock's movements
Entry and exit points with confidence levels. These can be treated as entry points for short to medium term investments
Entry points come in the colours of White and Lime, where white is slightly confident and lime is extremely confident
Exit points come in the colours of Maroon, and Red, where maroon is slightly confident and red is extremely confident
Each Entry and Exit point also comes without text, or with a M or H above it, where M indicates medium confidence on the point and an O indicates overconfidence.
Use Case:
The best possible use case is to enter a trade on a LIME point with O text, this means that is an overconfident entry point.
The trade should be exited on a RED point with O text, this means that is an overconfident exit point.
But you can do with the indicators as you please.
In addition to LazyBear's code, the following existing models and indicators are taken into account:
RSI of closing price over a period of 25
EMA of RSI
Market Sniper - Trading/Scalping SuiteWelcome to Market Sniper.
Market sniper is meant to be a suite for trading/scalping alongside my indicators script, RSI, Stochastic and Horizontals.
It is based on over 15 Indicators/Oscillators so there is no need for convoluted charts and constantly changing charts/indicators for a better understanding of the market.
Warnings:
I can't stress this enough! This isn't a magic pill that will transform your illiterate grandmother into an expert trader! This is a very powerful tool whose function is to complement your trading/save time (and yes, with practice be your main trading tool).
This algorithm requires setting up and training to be used correctly, please do not expect to load it up and immediately be scalping the 1s charts.
This algorithm is heavy and might require constant refreshes of the browser on slower computers.
Labels overlap at the moment, working on this part at the moment. So, always zoom in before doing a trade / change the "+- signals in settings"
Candlestick patterns need tweaking, I personally have it off and use my own judgement atm.
What it includes:
Trend reversal / continuation (Macd, Stochastics, money flow , CCI , momentum, DIOSC (automatic trendlines ), SuperTrend, Moving averages, etc, etc.)
RSI divergence drive / drive counter (base code from Libertus, check his profile as he has very helpful scripts)
Bull Market expansions for longterm take profit and increasing position
Candlestick patterns
Trend reversal / Continuation
Green = Bullish reversal
Red = Bearish trend reversal
Orange = Trend continuation / strengthening
Trend Continuation/Strengthening
A warning here, trend strengthening also means that many times the indicators are overextended or close to it
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The numbers reflect the amount of indicators that are signaling a reversal over the specified period on the settings.
For higher timeframes this setting should be on a lower value and the opposite for lower timeframes.
This works on every market and every timeframe(according to months of my own paper and real trading). Remember that each market/asset/commodity has different soft spots so tweaking, backtesting and present accuracy review should be of maximum priority.
Bull Market expansion phase
Warning:
The indicator purposely does not show any signals during bear markets. It is my opinion bear markets complexity render this tool close to useless.
It was designed to be used in higher timeframes, tough it SEEMS to have a good track record / be useful in lower timeframes.
it will ALWAYS give a fake signal at the end of a bull market because of the very nature of the code.
It is based of EMAs, RSI and Stochastic
Candlestick Patterns
Bullish candlestick patterns:
Hammer
Inverted Hammer
Dragonfly
Gravestone
Bearish candlestick pattern:
Shooting Star
Hanging Man
Gravestone
Dragonfly
RSI divergence drive
- Credit to Libertus for the base code of this section
The green triangle means there are at least 2 drives of valid divergence, yellow for 3 and red for 4+.
The script shows triangles when confirmation candle closes.
You need to know how divergence works to use this section. investopedia can easily get you there.
For cryptos I use 2-4h+ timeframes, for traditional markets I use 15min+ for forex I use it basically in every timeframe.
For questions/suggestions and access PM me in the platform itself and don't forget -> FEEDBACK IS IMPORTANT
Thank you all
Theft Indicator - BOOM Buy/Sell SignalsWhat is our indicator?
Theft Indicator - BOOM is a script that shows entry levels on a condition that is met with our special algo. The algo consists of crossovers, which are not visible but we take pride in the effort we have put to make this indicator have a high success rate as long as you have a scalping target price set.
Does it Repaint?
Our indicator does NOT re-paint. Although while setting an alert it may pop up the repaint alert, please take into consideration that once a signal is fired on a "CLOSED BAR", our signal will never disappear, they do not repaint.
What Markets is it usable with?
You can use it in any market, Forex, Stocks, Crypto, Indices. All time frames work, not all trades will be profitable (this is how trading is, you can take a loss sometimes). But the Majority is profitable if you use a stop loss and target price.
How to use:
Simple plug and play it to your chart, in addition to a few other indicators we will recommend to you (we still have not published them yet), and this will confirm your trades. You can also connect TV alerts with a bot and let it run. Please be aware that SLIPPAGE time is important, If you run a bot on this indicator you HAVE to know that the buy/sell price will be on the bar AFTER the Candle close (For example: the BUY/SELL alert is on a candle, the buy/sell your bot or you will execute WILL be in the following candle depending on your trading system. We advise you to not leave the bot to trade on its own, you have to monitor and have a specific syntax that we will help you with creating according to your trading style.
P.S: This is not financial advice, we are just sharing our indicator that we know has good results, and it will take time for people in -ve profiles to recover losses and for the profiting to be more profitable. We use a specific trading method that only works with it
You can contact me for more information about the indicator, Goodluck :)
Theft Indicator - Pip GainerWhat is our indicator?
Theft Indicator - Pip Gainer is one of our recent published scripts that shows price action on a certain period of time (We Use a modified version of ATR). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a condition in our algo is met.
Does it Repaint?
Our indicator does NOT re-paint. Although while setting an alert it may pop up the repaint alert, please take into consideration that once a signal is fired on a "CLOSED BAR", our signal will never disappear, they do not repaint.
What Markets is it usable with?
This version is dedicated to FOREX markets, we encourage using it for low timeframes starting the 3 minute to the 15 minute timeframe. WE RECOMMEND USING THIS IN THE FOREX MARKET, ESPECIALLY WITH CURRENCY PAIRS.
How to use:
Simple plug and play it to your chart, in addition to a few other indicators we will recommend to you (we still have not published them yet), and this will confirm your trades. You can also connect TV alerts with a bot and let it run. Please be aware that SLIPPAGE time is important, If you run a bot on this indicator you HAVE to know that the buy/sell price will be on the bar AFTER the Candle close (For example: the BUY/SELL alert is on a candle, the buy/sell your bot or you will execute WILL be in the following candle depending on your trading system. We advise you to not leave the bot to trade on its own, you have to monitor and have a specific syntax that we will help you with creating according to your trading style.
How are the Buy/Sell Alerts fired?
We use the simple ATR (Average True Range) indicator. However we have modified the indicator to serve our trading system. Check below for a definition of what ATR is:
What is Average True Range - ATR?
The average true range (ATR) is a technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period. Specifically, ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The average true range is then a moving average, generally using 14 days, of the true ranges.
Why is our indicator special and different from the normal ATR indicators?
We have modified the mathematical equation and changed it slightly to give more accurate signals, we do not promise all trades are profitable, the use of this indicator is up to your own judgement and liability. We believe that we have an indicator like no other ATR.
P.S: This is not financial advice, we are just sharing our indicator that we know has good results, and it will take time for people in -ve profiles to recover losses and for the profiting to be more profitable. We use a specific trading method that only works with it
You can contact me for more information about the indicator, Goodluck :)
Theft Indicator - Buy/Sell Options Trading 1-3Mins ScalpingWhat is our indicator?
Theft Indicator - Buy/Sell Options Trading Signals is our third published script that shows price action on a certain period of time (We Use ATR indicator). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a condition in our algo is met.
Does it Repaint?
Our indicator does NOT re-paint. Although while setting an alert it may pop up the repaint alert, please take into consideration that once a signal is fired on a "CLOSED BAR", our signal will never disappear, they do not repaint.
What Markets is it usable with?
You can use it in any market, Forex, Stocks, Crypto, Indices. All time frames are profitable, not all trades. But the Majority is profitable if you use a stop loss and target price. Although this one is for STOCK OPTIONS, it can work for other markets as well, but it will best perform with STOCKS & OPTIONS TRADING
How to use:
Simple plug and play it to your chart, in addition to a few other indicators we will recommend to you (we still have not published them yet), and this will confirm your trades. You can also connect TV alerts with a bot and let it run. Please be aware that SLIPPAGE time is important, If you run a bot on this indicator you HAVE to know that the buy/sell price will be on the bar AFTER the Candle close (For example: the BUY/SELL alert is on a candle, the buy/sell your bot or you will execute WILL be on the following candle depending on your trading system) THIS IS WITH EVERY SCRIPT, NOT MINE ONLY. We advise you to not leave the bot to trade on its own, you have to monitor and have a specific syntax that we will help you with creating according to your trading style.
How are the Buy/Sell Alerts fired?
We use the simple ATR (Average True Range) indicator. However we have modified the indicator to serve our trading system. Check below for a definition of what ATR is:
What is Average True Range - ATR?
The average true range (ATR) is a technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period. Specifically, ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. The true range indicator is taken as the greatest of the following: current high less the current low; the absolute value of the current high less the previous close; and the absolute value of the current low less the previous close. The average true range is then a moving average, generally using 14 days, of the true ranges.
Why is our indicator special and different from the normal ATR indicators?
We have modified the uniqueness of ATR and changed it slightly to give more accurate signals, we do not promise all trades are profitable, the use of this indicator is up to your own judgement and liability. We believe that we have an indicator like no other ATR.
P.S: This is not financial advice, we are just sharing our indicator that we know has good results, and it will take time for people in -ve profiles to recover losses and for the profiting to be more profitable. We use a specific trading method that only works with it
You can contact me for more information about the indicator, Goodluck :)
Sassy's Buy Sell SignalsThis is my buy sell signals that I've been using for the last couple of weeks with relative success, it works better on the higher timeframes but can also be used on the lower timeframes for scalping with adjusted settings. The signals will grab the real price that you would be longing or shorting from on the labels for peace of mind.
How to use?
- Long: Long after a long signal has printed after candle close
- Short: Short after a short signal has printed after candle close
How do the signals generate?
- The signals are generated after the script considers it a "breakout" and closes outside of the safe zones, this is a real time signal and the signal will appear real time, you just have to wait for the candle close for confirmation.
The best way to use the script is to use it with confluence with other indicators or with your own technical analysis. Do please exercise risk management and have a stop loss at all times when using this script as it isn't perfect and things can go south real quick.
