Signals Pirate™ Buy Sell SignalsSignalsPirate™ Algo Premium includes standard Buy and Sell signals on the chart, All-in-One Premium Market Dashboard with current trades, and a wide variety of customizability to help you create your own, unique trading strategies.
The main Input options are 'Reactivity' and 'Depth', which allow for a dynamic trend following strategy that works on all time frames and assets. Using these values the strategy will print the bundles main ‘Buy’ and ‘Sell’ signals to try and identify the trend early and accurately. Their main functions are to dynamically calculate volatility and current trend direction – but we’ve gone more in-depth below!
Reactivity:
Reactivity controls how quickly the Algo reacts to changes in trend. This part of the bundle takes into account the Average True Range (ATR) to gauge current market volatility and direction of the trend. Lowering the reactivity value will generate quicker reaction times of the algorithm as it will lower the threshold of volatility required for a signal to be generated. Therefore, it’ll show trades more frequently.
Depth:
Depth controls the position of the signals according to the trend swing. Calculated using a variation of the Average Direction Index (ADX) to measure the changes in prices over a given period, when running parallel to the Reactivity volatility filter the trend can be identified quickly and accurately on any given time frame or asset. Higher Depth will allow for less frequent and slower entries. In contrast, lower Depth will give more frequent and earlier entries.
The default settings are the best settings we’ve found so far but you can change them to build your own unique trading strategy. We’d recommend experimenting with these values to find the best results for the asset you are trading, and your own personal trading and investing style.
Direction for use:
1. Use on any asset class and time frame.
2. Fine tune the Reactivity (volatility) and Depth (trend sensitivity).
3. Enter Long on ‘Buy’ signal after candle close, enter Short on ‘Sell’ signal after candle close.
4. Exit position on opposite entry signal, for example if you’re currently in a Long position and a ‘Sell’ signal is printed, close your Long position at the candle close, even if you do not plan on shorting and vice versa.
As mentioned previously, this is a trend base system that dynamically operates to function with superior accuracy regardless of what you’re trading. But with the level of customisation available, this can easily be fine tuned to accommodate scalping, reversal trading, or even long term investing.
The Dashboard shows the most relevant and real-time information within a simple panel on the chart. It includes three sections. The first section shows Volatility, Volume, Current Sentiment. The second section shows Trends from a 1-minute timeframe to a Month. The third section shows current trade with Variable TP 1, TP 2, TP 3 (calculated using a combination of S/R levels and ATR values), and Maximum Profit for the current trade that could have been entered using this bundle.
We hope you love this all in one package, and it takes your trading and investing to the next level. Please let us know if you have any questions or queries regarding the logic behind the bundle, or if you have any suggestions for improvements etc. We love your feedback and are constantly striving to continuously improve!
Mata Wang Kripto
iCryptoScalperHi everyone!
In this post I would like to present my personal indicator for short-term strategies on cryptocurrencies called iCryptoScalper , but let me first introduce myself:
I am a theoretical physicist with a deep passion for trading and mathematical modelling of the financial markets.
I started trading cryptocurrencies more than 4 years ago and, throughout this period, I got more and more involved in trying to describe the mechanisms governing
the price action at lower timeframes like 1, 5 and 15 minutes.
As a beginner, I started with the usual "buy and hold" strategy, the safest but also boring option. Afterthat, I tried to get more involved on speed trading
and scalping and, as it happens to all the beginners, I went through many mistakes.
At the beginning, trying to find the best scalping strategy, was a very difficult task and I barely managed to perform well, mostly because every trade were overwhelmed
by my emotional approach and the fear of missing the right entry point and/or exit point. However, thanks to these difficulties, I understood that I needed
an algorithmic procedure to improve my performances and overtake the emotional approach, with a more technical approach: a mathematical guide that precisely tells me how to behave in the best way possible to be profitable.
To achieve this goal, I put all my efforts in trying to write a consistent mathematical model able to give me all the statistical informations I needed to reach
the best performances and, of course, the best possible profits.
The iCryptoScalper is an explicit mathematical tool to be used for scalping strategies and optimized for different cryptocurrency pairs on 15/30 min timeframes.
The script gives you many useful informations and details regarding the current and subsequent trade, accompanied with a detailed overview on both the last 20 short
and long trade results.
Let us have a look to all the detailed informations the script shows to you:
CHART
- Lines: The script plots for you the Entry price (yellow line), the Stop Loss price (red line) and a series of 8 Take Profit levels (green lines).
- Background: The green background color indicates that the script is in a long position, viceversa, the red background color indicates that the script is in a short position.
- Labels: The blue labels indicate the maximum achieved profit for each trade.
- Alerts: The script shows two types of alerts, the "prepare to #" one and the true entry one. The prepare alert is very useful to understand when the strategy is going
to enter a specific trade, thus giving you the possibility to set up all the necessary Entry/SL/TP levels on your favorite trading platform.
- Crosses: The green and red crosses are precisely located at the corresponding long and short entry price for the next trade, thus giving you a preview on the target price
that has to be reached for the indicator to enter. They are computed thanks to a mathematical model I set up and optimized for each cryptocurrency pair.
PANEL
- Overview: This part shows you two probability tables for the last 20 long and short trades each. The first table indicates the set of probabilities of reaching the corresponding TP level, whereas the second table shows the conditional probability , namely the probability of reaching a certain profit level once the previous one has been achieved.
Below the tables you can find three quantities again referring to the last 20 long and short trades: the Average Maximum Profit , the Average Maximum Drawdown and the Average Risk/Reward Ratio .
Last but not least, the correlation between the current asset and BTC is displayed together with the current BTC status.
- Active Trade: This part collects all the data related to the current trade status.
- Next Trade: This part collects all the data related to the next trade status.
ATTENTION!
Please notice that the equity line you see in the "Strategy Tester" section of TradingView is unreliable compared to the real performances of the script. This is due to the
fact that the TradingView engine is designed for backtesting automatic trading strategies and not real-time trading bots.
An example is the following: Bob buys 1 BTC-PERP contract at 10000$, setting the Stop Loss at 9000$. The price of the perpetual then goes to 12000$ and then go back hitting the Stop Loss. For the TradingView Engine this is a
trade with a permanent loss of 1000$. However, for the iCryptoScalper users, the trade is perfectly fine thanks to the numerous TP levels (and corresponding probabilities) given by the script within the trade window.
Zlema Strateg Long 5mJust putting this out there.
I created this Strategy based on Everget Zlema.
Opens long trade when Zlema changes color.
It is profitable as it is, but just putting it out to the community to see if someone else has ideas to make it better.
How to make this strategy better?
1. FInd a way to filter ranging bad trades.
2. Trades would be more profitable if entry point had an entry on the candle the zlema changes color.
3. I had to put TP 5 limit, but the optimal would be when the zlema changes color back to red (if ranging trades can we filtered that is).
In any case, just putting it out there, hope it is useful for someone, and I am open to suggestions.
Follow the Crypto ShortsThis script allows to test the impact of variations in the number of BTCUSD Shorts Positions on its price. In particular, it compares the number of short positions with its moving average to decide if shorts are being liquidated. In case the number of short positions crosses below its moving average, it will generate a Long Position, which will be closed if shorts crosses above its moving average.
Mayer Multiple StrategyCreated by Trace Mayer, the Mayer Multiple is calculated dividing the current price of Bitcoin by its 200-day moving average. This simple script allows to backtest strategies based on Mayer Multiple levels, which can be easily adjusted. It can be tested on any chart and any timeframe.
Ichimoku 4H crypto strategy -- LONG ONLYThis is a LONG ONLY strategy for 4h timeframe of any Cryptocurrency/USD pairs. The strategy opens only 1 position at a time with the following conditions.
Open Long Position when:
1. Closed price above cloud AND
2. Green cloud ahead AND
3. Conversion line above Baseline AND
4. Lagging span above cloud and price action AND
Close trade when:
1. Lagging span gets below price action or cloud OR
2. Price gets inside the cloud OR
3. Price gets below baseline
You can use it on a lower timeframe at YOUR OWN RISK. My optimal timeframe is 4 Hour candles.
Cheers.
[Joy] AladdinDirectly used for entertainment purposes in figuring out the market trend:
Sell/bearish sign: I open a short position on the candle's close. I am bearish on the instrument.
Buy/bullish sign: I open a long position on the candle's close. I am bullish on the instrument.
Red circle: If I run a long position, I take at least 50% unrealized profit into a realized profit on the close candle. I might even convert some portion of the underlying spot into stable coins. I am essentially taking profit along the way as the trend is developing.
Green circle: If I am running a bearish short position, I take at least 50% unrealized profit into a realized profit on the candle's close. I am essentially taking profit along the way as the trend is developing.
Below are used for indications only:
Down Arrows: It is not directly used in opening/closing positions. When the down arrow finishes and the candle close, it sometimes indicates a local top. It does not mean the macro trend has changed.
Up Arrows: It is not directly used in opening/closing positions. When the up arrow finishes and the candle close, it sometimes indicates a local bottom. It does not mean the macro trend has changed.
Red Crosses: It indicates a squeeze may be incoming. When the red crosses finish, the price may move significantly in any one direction. It does not say which direction. It only gives me caution.
Experimental - Below Work in Progress may be from the config only:
>> Jasmine - Tweak of Aladdin
>> Candle color - Logic is different from Aladdin
>> Background color - Logic is different from Aladdin
FAQs
Q: Does it use some EMA /MA/Ichimoku/Parabolic SAR, etc? Does it use any indicator with tweaked settings?
Answer: No.
Q: What does it mostly use?
Answer: Volume and gradual flow of non-interrupted data. The logic depends on the correlation between volume , price bars and the wicks.
Q: Can you make it free or make it open source?
Answer: There is no free lunch in this world. I will never reveal or share the source code or make it free for all!
Q: Do you provide ongoing support for the indicator?
Answer: Yes, I will continue updating the indicator as long as I can. However it depends entirely on me. I may stop updating as well.
Q: Are the bullish /buy & the bearish /sell markers automatic?
Answer: Yes. I do not control it!
Q: Is this financial advice?
Answer: Any views expressed by the indicator are personal entertainment views & shouldn't form a basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions. It is not financial advice. I highly recommend not even think of using this for actual real-life trading with real money. Neither I nor the indicator is responsible for any misuses, including any profit/loss. There is no warranty on this entertainment product
Combo Ichimoku + CDC Action Zone by fukuizThis indicator combines the famous indicators Ichimoku and CDC ActionZone.
#A brief introduction to Ichimoku #
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
#A brief introduction to CDC ActionZone #
CDC ActionZone is a very simple system, utilizing just two exponential moving averages. The 'zones' in which different 'actions' should be taken are highlighted in different colors. Calculations for the zones
They are based on the relative position of price to the two EMA lines and the relationship between the two EMAs.
The CDC ActionZone was developed by Piriya333, a Thai technical analyst.
#How to use #
The basic method for using Ichimoku+CDC ActionZone is to follow the green/red color and the cloud.
Buy condition
-Buy when the bar closes in green and closes above the cloud
Sell condition
-sell when the bar closes in red.
Scanner Alert ExamplesThis is a visual representation of the alerts built into the Vib Scanner Table (right side of main panel) and Vib Scanner Labels (bottom most panel) that are based on Mr. A's TrueVibration (other lower panel). Instead of a table or scanner labels, this indicator will print labels direction under/over candles identifying where the scanners will trigger alert, but this script only looks at a single asset. You can use this script to see how various settings play out across an asset's entire history and fine tune your scanner settings to your likings.
All of the alerts are coded the exact same way across all 3 of these:
Qualified pivots longs trigger with a "potential pivot long" occurs with a higher local low compared to the last time SmoothVib was under 30. Qualified shorts require the potential pivot short occur at a lower local high than the last time SmoothVib was over 70. As with the table, there is the option to choose to either require a Full Reset (SmoothVib goes all the way to the other extreme first) or just a partial reset (SmoothVib only comes out of OB/OS territory and back into it).
Overbought/Oversold FSR Divergences look for regular and hidden divergences in the FSR while it is in overbought or oversold territory.
Charge V1 Bull Alert is triggered when Full Vib is over the Full Vib Bull Threshold and FSR crosses over the Full Vib. Bear alert is Full Vib below Full Vib Bull Threshold and FSR crosses below Full Vib.
Charge V2 uses a "most recent DBI" filter and will trigger an alert any time the FSR crosses the Full Vibration and is in agreement with the most recent DBI .
Pivots V1 Bull Alert is triggered when Full Vib is over the Full Vib Bull Threshold and FSR pivots above the Full Vib. Bear Pivots are the opposite of this.
Pivots V2 look for similar FSR pivots , but with a Leading/Lagging Full Vib comparison. Bull Alerts require Leading Full to be above Lagging Full and the FSR to pivot on top of both. Bear pivots are the exact opposite.
Bull and Bear Stampede's look for FSR crossing over 120 or under -20, respectively, and indicate EXTREME momentum.
Please note: these alerts are my extensions of the TrueVibration indicator and concepts by TrueCrypto28, aka Mr. A. HUGE thank you to him for all his incredible work!
While these scanners can be used as standalone to some extent, an understanding of TrueVibration will take them to another level.
Vib Scanner LabelsVib Scanner Labels (bottom most panel) is an alternate option for the Vib Scanner Table (seen on right side of main chart area). Instead of a table that only sends alerts on bar close, this will print labels identifying any asset that is meeting the chosen alert criteria IN REAL TIME, though the alerts will still only trigger on bar close. It can be useful if you want to get an early eye on assets that may trigger an alert in the very near future.
Please note: these alerts are my extensions of the TrueVibration indicator and concepts by TrueCrypto28 Mr. A (TrueCrypto28). HUGE thank you to him for all his incredible work!
I've inset a pared down version of it in the main chart image here for some clarity. The TrueVibration indicator is still driving the candle colors in this chart image.
While these scanners can be used as standalone to some extent, an understanding of TrueVibration will take them to another level.
Two other indicators go hand in hand with this:
The "Vib Scanner Table" (again, seen on the right side of the main panel) will display all scanned assets in a table with momentum readings colored for various reasons explained in that indicator detail. All of the alerts are identical.
"Scanner Alert Examples" (labels displayed directly under/over candles) will display labels directly on the chart you're looking at, see the results across an asset's entire history, and can tweak the scanner settings to your liking.
All of the alerts are coded the exact same way across all 3 of these:
Qualified pivots longs trigger with a "potential pivot long" occurs with a higher local low compared to the last time SmoothVib was under 30. Qualified shorts require the potential pivot short occur at a lower local high than the last time SmoothVib was over 70. As with the table, there is the option to choose to either require a Full Reset (SmoothVib goes all the way to the other extreme first) or just a partial reset (SmoothVib only comes out of OB/OS territory and back into it).
Overbought/Oversold FSR Divergences look for regular and hidden divergences in the FSR while it is in overbought or oversold territory.
Charge V1 Bull Alert is triggered when Full Vib is over the Full Vib Bull Threshold and FSR crosses over the Full Vib. Bear alert is Full Vib below Full Vib Bull Threshold and FSR crosses below Full Vib.
Charge V2 uses a "most recent DBI" filter and will trigger an alert any time the FSR crosses the Full Vibration and is in agreement with the most recent DBI .
Pivots V1 Bull Alert is triggered when Full Vib is over the Full Vib Bull Threshold and FSR pivots above the Full Vib. Bear Pivots are the opposite of this.
Pivots V2 look for similar FSR pivots , but with a Leading/Lagging Full Vib comparison. Bull Alerts require Leading Full to be above Lagging Full and the FSR to pivot on top of both. Bear pivots are the exact opposite.
Bull and Bear Stampede's look for FSR crossing over 120 or under -20, respectively, and indicate EXTREME momentum.
Godson Advanced Crossover ScriptThe Godson Advanced Crossover Script is advanced because it does two things
1: as a trend following indicator the script uses 2 VWAP ema's offset by 1 day(this is adjustable) and an ATR upper and lower band to find entries into larger trends.
2: it also allows you to setup alerts on a lower timeframe that follow a higher timeframe for example, if the 12hr is bearish(candles are red), you can trade shorts only in the 15min timeframe.
The script produces 3 signals
L: this is a long signal, this is signaled when the ema's crossover and the candle breakouts of the ATR bands, if the signal agrees with the upper trend
S: this is a short signal, it signals when the ema's crossunder and the candle breaks down of the ATR bands, if the signal agrees with the upper trend
H: this is for anything in-between, A is for apple, H is for Hedge.
you can set the upper trend timeframe to the same as the lower trend if you want all signals to alert
you can also turn the lines on or off if you need to visualize things
i will update this script as we progress
TrendsThe Trends indicator is created for trend trading and (Bitsgap) crypto bots of crypto assets over longer time periods.
Works best for 4h, Daily and Weekly candles (even Monthly), but unsuitable for hourly candles and day trading.
This indicator shows you if a crypto pair is in a Bear, Bull or Sideways market.
The idea is to simplify decision making when to sell or buy, or what pairs to use with trading bots.
Stick to the rule of not having bots in a Bear trend!
- Blue = Bull trend
- Red = Bear trend
- Green = Sideways trend - which can be profitable with trading bots
Pattern Recognition Pullback Strategy profit calculatorThis script has been designed for use in botting Crypto spot / futures.
The intended use is send signals to a 3commas bot setup for the exchange. The bot uses candle measuring percentile nearest rank filters and range
breakouts to decide if the market is trending. When the market is trending it will look for pullbacks below a moving average and buy in the trend direction on a pullback discount. This is the profit calculator part of the script
With this script you will not be able to send tradingview signals, that is because it is a payed premium service and for security reasons I am the only one with access to making signals from this script.
I provided a user manual:
drive.google.com
Volume Adaptive Chikou Scalping StudyIDEA PLACEMENT
This indicator uses “Chikou” cross concept of Ichimoku cloud indicator and enhances usage of High/Low data with Volume Breakout and Volatility based dynamic adaption.
I’ve been working on making Moving Averages more adaptive based on Volume Breakout and Volatility but as we know Mas work better on close values. I wanted to create a study that may have maximum data available and that’s how I came up with the concept of making adaptive Ichimoku Cloud. Except, I used different concept than Ichimoku. As we know that Tenkan-sen and Kijun-sen from Ichimoku Cloud average out highest and lowest values within 26 and 9 period respectively but I tried making it Volume Breakout and Volatility based Adaptive but couldn’t get better results.
Along the way I came up with an idea of instead of averaging out just keeping the High/Low values data separate and intact and to do so I took Linear regression of High values of Volume Breakout and Volatility based Adaptive dynamic period and similarly with Low values.
Then the strategy was to use Chikou for crossover and crossunder indication and for this purpose I used Chikou with same dynamic length as used before in High/Low linear regression.
The idea becomes simple as when Adaptive Dynamic Chikou crosses Adaptive Dynamic Linear Regression of High/Low values then Lowest / Highest value within current Adaptive Dynamic Length becomes the next Support / Resistance.
SIGNALS
Not every Chikou cross would give signal instead signal should be supported by either Volume Breakout or Volatility whatever you have selected from.
FIBONACCI EVELOPE BANDS
I’ve included ATR based Fibonacci multiple bands which would act as good support/resistance zones.
DEFAULT SETTINGS
I’ve set default Minimum length to 20 and Maximum length to 50 which I’ve found works best for almost all timeframes but you can change this delta to adpat your timeframe accordingly with more precision.
Dynamic length adoption is enabled based on both Volume and Volatility but only one or none of them can also be selected.
Trend signals verification is enabled based on Volume but Volatility can also be enabled for more precise confirmations.
In “RVSI” settings TFS Volume Oscillator is set to default but others work good too especially Volume Zone Oscillator. For more details about Volume Breakout you can check “MZ RVSI Indicator”
ATR breakout is set to be true if period 14 exceeds period 46 but can be changed if more adaption with volatility is required.
FURTHER ENHANCEMENTS
I’ve used Linear Regression of High/Low values because I found better results with it but SMA and HMA can also be used. I’m planning to perpetually use this study for Dynamically length adaption and trades confirmations in other strategies.
Speculative Growth Map (FOR BITCOIN)With the ever-increasing volatility flooding the cryptocurrency markets how do you ever know which side of the coin do you lie on in your investments?
The Speculative Growth Map, SGM, aims to show investors whether they are buying into the hype or actually getting a good deal on their purchase. This indicator works by working out the growth of the asset divided into eight major sections and two extreme scenarios. The first four lines, indicated by red. show that if the market enters into that area you should not be purchasing any more assets for that market as the market has entered into optimized growth. The next four lines, in green, indicate that you should be looking into purchasing the asset as it has entered a dip or a pullback. Next up, the yellow lines, indicate an extreme growth or extreme pullbacks. If the market comes close to either of these, it indicates major price action is about to occur.
How does it actually work?
It's pretty simple.
The SGM indicator works by creating EMAs of the close multiplied by 1%, 5%, 7.5%, and 10% growths for the hodl region in red. Vice Versa, EMAs of -1%, -5%, -7.5%, and -10% growth to indicate it's time to buy the asset. The yellow lines essentially mark out the bottom and the tops whenever the price goes below and above the buy and hodl region and then separates them into two but similar lines for the top and the bottom.
Period Dollar Cost Average BacktesterHere is a simple script to calculate the profits and other dollar cost average strategy statistics. This strategy was created to avoid asset price volatility, so the pump and dump scheme does not affect the portfolio. By dividing the investment amount into periods, the investor doesn’t need to analyze the market, fundamental analysis, or anything. The goal is to increase the asset holdings and avoid fast and robust price movements.
This indicator has some configurations.
Amount to buy: the amount to buy at each time
Broker fee %: the fee percentage that the broker has for spot trade
Frequency: the frequency of the investments. Example: 1 Day means that every day, it will buy an amount of the asset
Starting Date: when the indicator will start the investment simulation
Ending Date: when the indicator will end the investment simulation
InfoCell With/Height: it relates to the panel for view purposes. Change the values to fit better on your screen.
This indicator has three lines:
Total Invested (green): total amount invested at the end of the period
Total Net Profit (pink): total profit by converting the amount of the asset bought at the latest closing price
Holding Profits (yellow): the amount that would be in the portfolio if the investor had invested all the capital in a signal trade at the beginning of the period.
The statistics panel has some information to help you understand buying the asset in one or more trades. So, besides those three lines that were mentioned above, here are the other statistics:
Entry Price: The price of the asset when the first investment was made
Gross Profit: Total amount of profit, not excluding the losses
Gross Losses: Total amount of losses, not excluding the profits
Profit Factor: The Gross Profit divided by the Gross Loss. A value above 1 means it’s profitable.
Profit/Trades: Net profit per trade. This includes the broker fees.
Recovery Factor: The Net profit divided by the relative drawdown. The higher the recovery factor, the faster the recovery of a loss
Total Asset Bought: The amount of the asset that was bought at the end of the investment plan
Absolute Drawdown: The total amount of losses that made the account balance go below its initial value
Relative Drawdown: The max drawdown that occurred, no matter the account balance amount
Total Trades: number of times the investment was made in the selected period
Total Fee: total Fee that was spent on the total investment
Total Winning Trades: the total amount of winning trades. A trade is considered a winner if the net profit is up compared with the latest investment.
Total Losing Trades: the total amount of losing trades. A trade is considered a loser if the net profit is down compared to the latest investment.
Max consecutive wins: the max amount of consecutive winning trades
Max consecutive losses: the max amount of consecutive losing trades
The chart above uses the default configuration of the indicator. Placed on the BTCUSD market, taking the time range of January 1st, 2018 to January 1st, 2022, 4 years. Buying a BTC amount with 10 USDT every day in that period would generate a more than 500% profit. Compared to the profit amount by just holding the count, which was close to 350% profit, the dollar cost average by period would be much more profitable.
TFO + ATR Strategy with Trailing Stop LossThis strategy is an experiment to learn what happens when The Trend Flex Oscillator (by Dr. John Ehlers) is used in conjunction with a volatility indicator like ATR. It was designed with cryptocurrency trading in mind.
The way I coded this experiment makes it unsuitable for bear market conditions.
When applied to a bull market, this trend-following strategy will open long positions when oversold price action appear to be reversing. It will typically close a position within a few days unless it gets caught in a bear market, in which case it holds on for dear life. I have tried to make back-testing very simple, but you should never trust it. It's merely and interesting tool for adjusting the many parameters that I've made editable in the configuration window. Those values include the ATR and TFO parameters, as well as setting a trailing stop loss. When closing a position, the strategy can optionally be told to ignore the trend analysis and only obey the trailing stop loss value. I've made an attempt to allow the user to define the minimum profit necessary to allow the strategy to close all all positions. In my observations, the 2H candlestick charts seem to produce the best results, although the parameters of the strategy could theoretically be adjusted to suit other time periods.
In summary...
This strategy has a bias for HODL (Holds on to Losses) meaning that it provides NO STOP LOSS protection!
Also note that the default behavior is designed for up to 15 open long orders, and executes one order to close them all at once.
Opening a long position is predicated on The Trend Flex Oscillator (TFO) rising after being oversold, and ATR above a certain volatility threshold.
Closing a long is handled either by TFO showing overbought while above a certain ATR level, or the Trailing Stop Loss. Pick one or both.
If the strategy is allowed to sell before a Trailing Stop Loss is triggered, you can set a "must exceed %". Do not mistake this for a stop loss.
Short positions are not supported in this version. Back-testing should NEVER be considered an accurate representation of actual trading results.
// portions © allanster (date window code)
// portions © Dr. John Ehlers (Trend Flex Oscillator)
This code is provided for educational purposes only. The results of this strategy should not be considered investment advice.
The user of this script acknowledges that it can result in serious financial loss when used as a trading tool
Relative Volume Strength Index (MZ RVSI)INTRODUCTION
Volume always plays a role of key indication for price movements and momentum and I always found the same problem with all available volume oscillators and indicators which is that their data is always in compounded form that can’t be easily used in raw form as a parameter in many strategies.
This indicator uses raw volume data from one of following oscillators:
TFS Volume Oscillator
On Balance Volume
Klinger Volume Oscillator
Cumulative Volume Oscillator
Volume Zone Oscillator
Then this data goes through the following process of noise filtration:
Hull Moving Average of input data to reduce noise
Relative Strength Index of HMA
Hull Moving Average of RSI to reduce noise for finalized RVSI
ADDITIONAL FEATURES
Heiken-Ashi: Heiken-Ashi values are optional to use in calculations and I’ve set them to default as I found good results with them.
Slope for Trend Detection: Slope of finalized RVSI is calculated in order to check volume trend direction. Another additional feature of Volume breakouts is also added which is used in dynamic coloring of RVSI. Dynamic color indications are as follows.
Green Color:
Strong Volume Uptrend above volume breakout point
Fuchsia Color:
Weak Volume Uptrend below volume breakout point but slope supported
Red Color:
Strong Volume Downtrend below volume breakout point
Gray Color:
Weak Volume Downtrend above volume breakout point but slope supported
Yellow Color:
Possible trend reversal as slope is flat.
DEFAULTS SETTINGS
Volume length is 30 (Better for timeframes higher than 1H)
Hull Moving Average and RSI length is set to 14
ADDITIONAL APPLICATIONS
This indicator can be used as divergence detection tool for volume same way as RSI is used for price divergence. I’ll soon add divergence signals inside the code and this code can be used in multiple ways as volume breakout indication in strategies for better results.
Slope Adaptive Moving Average (MZ SAMA)INTRODUCTION
This script is inspired from "Vitali Apirine (Stocks & Commodities V.36:5: Adaptive Moving Averages)" and a correction to Dynamic Volume Adaptive Moving Average (MZ DVAMA) . I have used slope filtering in order to adapt trends more precisely for better trades.
Slope adaption makes it better for adaptive moving average to detect trend health; making it easier to make decisions based on market strong price momentums, consolidations or breakouts. This isn’t possible with only using simply Adaptive Moving Averages .
Adaptive Moving Averages curve doesn’t change its length based on Slope but it uses slope adaptive color for trend strength detection.
TREND DETECTION
Green Color:
Strong Uptrend with good price momentum.
Red Color:
Strong Downtrend.
Yellow Color:
Market is either choppy, sideways or consolidating. Better to avoid taking new positions and if trade is running then its good to carry it on.
DEFAULTS SETTINGS
AMA length is 200 (Better for timeframes higher than 1H)
Minor length is 6
Major length is 14
Slope period is set to 34 with 25 of initial range. Consolidation is always below 17.
ALERTS
Buy/Sell Alerts will follow on when slope is out of consolidation/choppiness area. Best entry is at absolute alerts timing but other trades can be started midway based on trend condition.
Support and ResistanceThis is a multi-timeframe indicator that lets you draw support and resistance lines based on the timeframe you choose. This means you can place daily support and resistance levels on lower timeframes such as the 1 minute timeframe. The cool thing about this indicator is that it uses the atr value, which is different from traditional support and resistance indicators that look at pivot points or zig zags to figure out where support and resistance lines should be placed. This one looks at pivot points to figure out where the atr should be first, then places lines in the upward and downward direction based on the atr value.
This means that you are able to see all future levels of support and resistance even if the price has never been at that level
Features:
1. MTF (Multi-timeframe) plotting. Allows you to plot resistance and support lines based on the daily timeframe you select. This means you can see major daily support and resistance levels on minor timeframes such as the 1 minute. These levels tend to act as stronger support and resistance levels compared to micro timeframe levels
2. Tells you future price levels. Since this indicator uses ATR indicator it shows you all future support and resistance levels where a ticker has never been
Inputs:
1. Timeframe: Select the timeframe you wish the indicator to be used on. My personal preference is the daily timeframe
2. Pivot Period: Changes the lines based on the pivot period you choose, I personally like the 5 pivot period
3. Lookback Period: How many bars should be taken into account, to determine ATR value and other calculations. Personally like the 150 bar lookback period, but if your trading extremely volatile tickers I suggest changing it to 50.
4. Line Closeness: This determines how far apart the lines are from each other. If it it set to 1 it means it will place each line 1 ATR value apart from each other. Lower the number closer the lines are to each other and vice versa
5. Number of lines plotted: This will change how many lines are plotted onto your chart. Default is 150, but if you want a lower amount 50 works as well
6. Show label: This just adds the number at which each line appears at
Errors:
1. Sometimes the lines won't show up, this is because there is not enough history for the indicator to take in. The standard amount of bars needed is 150, you can change it to 50 which sometimes works better for more violatile tickers.
Dynamic Volume Adaptive Moving Average (MZ DVAMA)INTRODUCTION
This indicator is inspired from "Vitali Apirine (Stocks & Commodities V.36:5: Adaptive Moving Averages)" but I have used Volume filtering to in order to adapt trends more precisely for better trades.
Volume adaption makes it better for adaptive moving average to detect trend health; making it easier to make decisions based on market strong momentums, consolidations or breakouts. This isn’t possible with only using simply Adaptive Moving Averages .
Adaptive Moving Averages curve doesn’t change its length based on Volume but it uses dynamic volume adaptive color for trend strength detection.
TREND DETECTION
Green Color:
Strong Uptrend with good volume supported momentum.
Lime Color:
Uptrend is relatively weak but still good enough to follow.
Red Color:
Strong Downtrend with volume support.
Gray Color:
Downtrend is relatively weak but still good enough to follow.
Yellow Color:
Market is either choppy, sideways or consolidating. Better to avoid taking new positions and if trade is running then its good to carry it on.
DEFAULTS SETTINGS
AMA length is 200 (Better for timeframes higher than 1H)
Minor length is 6
Major length is 14
Volume RSI period is considered to be 200 with 50 period for its Hull Moving Average
ALERTS
Buy/Sell Alerts will follow on when volume is breaking up above provided value. Best entry is at absolute alerts timing but other trades can be started midway based on trend condition.
BTC Golden Bottom with Adaptive Moving AverageIntroduction:
This study uses Adaptive Moving Average with 1 year of length to plot on all time history Index Calculated by Tradingview . All previous $BTC bear runs bottomed on this curve which makes it important enough. Use this only on " "
Default Values:
AMA length is 1 year
Minor length is 50
Major length is 100
Crypto Market Sentiment B [Morty]The Crypto Market Sentiment B indicator uses perpetual contracts premium to show the fear & greed mood of the Crypto market.
When the market is showing greed at relative highs, it is often a good selling point.
Markets in a panic mood with stable coins flowing back into cryptocurrencies are often bottom reversal points.
Berish divergence of the indicator may signal a major negative price move.
Crypto Market Sentiment Indicator A and Indicator B can be used together.
Here is the link of Indicator A.
