J_TPO Velocity VariationThis one is a very random indicator but with an excellent concept. Unfortunately, I don't know much about the origin of this indicator or who made it. Still, the first appearance was around 2004 on a Meta Trader forum. There are a lot of variations of the J_TPO indicator. One of them is the J_TPO Velocity. The difference from the original version is that it uses the price range of the latest candles to change the magnitude of the indicator value, but the concept is the same.
More info here
In its original form, an oscillator between -1 and +1 is a nonparametric statistic quantifying how well the prices are ordered in consecutive ups (+1) or downs (-1), or intermediate cases. The velocity variation adds the price range, and this script variation adds a baseline as a filter for the indicator. This indicator will work as a confirmation indicator. Using it with the trend filter will work as an entry indicator.
Besides the columns representing the indicator's values, 2 more signals will be printed on the chart. One is the middle cross, the other the kicking middle cross. The first will print a signal when the J_TPO crosses the middle line (0) in favor of the trend. A diamond will be printed when the baseline is above 0, and the cross is upwards. The inverse for crosses downwards. The other signal is the Kicking middle cross which will appear when the cross comes after an opposite cross. This will give only one signal per cross in the same direction, which may help identify earlier the trend direction.
Exponential Moving Average (EMA)
Percent above or Below Moving Average Candle colourFilter:
If green candle is 'x' % above moving average than colour of candle is turn in blue colour.
If red candle is 'x' % below moving average than colour of candle is turn in orange colour.
RSI + GDAX EMA ConfluencerHighly customizable RSI + GDAX EMA tool to help you quickly spot levels of confluence
- Displays current RSI levels as a plot
- Displays current 12 + 26 EMA as a plot
- 7 customizable time frames
- Each time frame marks RSI oversold, RSI overbought, 12 EMA, and 26 EMA as a line with label
- Each time frame RSI and EMA have options to toggle visibility and oversold/overbought only so you can choose exactly what you want to see
Planned for future release:
- Further customization for lines (color, size, direction, etc)
- Further customization for labels (location, offset, color, size, etc)
- Highlighting areas of confluence (if 2-3+ lines are within a certain % of each other)
Pranoyama MA/RSI toolEng: The indicator highlights the overbought and oversold RSI levels on the bars. Also draws two moving averages: sma or ema. The RSI levels, the type of moving averages and their period are set by the user.
Rus: Индикатор подсвечивает на барах уровни перекупленности и перепроданности по RSI, а так же рисует две скользящие средние на выбор: sma или ema. Уровни RSI, тип скользящих средних и их период устанавливаются пользователем.
p.s. Это адаптация ранее опубликованного мной индикатора
Three Legged Goose FuturesThree-Legged Goose is an all-in-one intraday trading system.
Three-Legged Goose Futures is the same system as our "Three-Legged Goose" indicator, simply optimized for futures trading by working across all futures market sessions.
Three-Legged Goose Futures ONLY works on futures charts, please use our original Three-Legged Goose for equities.
It features a sleek and customizable Opening range overlay with infinitely generating price targets, Average Daily Range Zones, Curated Anchored VWAPs, Total Volume and ATR analysis, as well as our state of the art Market Momentum Trend detection.
Three-Legged Goose also has important Daily levels, including the Previous Day's High and Low and the Current Days Open, three fully customizable Exponential Moving Averages, a customizable ema cloud, and a toggleable standard vwap .
Three-Legged Goose Futures also includes overnight highs and lows as well as previous New York Session highs and lows.
Using this indicator allows you to get rid of any unnecessary indicators that are taking up those valuable slots in TradingView.
AVWAP + ORBS:
The Opening Range Breakout system builds off of our recommended 15min opening range and does all of your price target calculations based on the width of the opening range. These targets are fully customizable within the settings,
to allow fine-tuning from ticker to ticker. We have programmed three Anchored vwaps at different time intervals to act as a dynamic trend-finding instrument. These, along with the opening range breakout system, can help you quickly spot the day's trend and dynamic support and resistance long before your standard moving averages have caught up with price intraday.
Average Daily Range Zones:
We believe these zones to be essential to trading, especially with our system. These zones tend to act as areas of major support and resistance as well as give an idea of the projected volatility of the underlying.
Market Momentum Trend Detection:
We paint our momentum analysis directly on your candles. By taking the overall Market Internals + the underlying's Price movement, we can determine areas where we feel comfortable adding risk on or taking risk off.
This will help those that struggle at identifying trends and valid reversals.
All of the default settings are our recommended settings.
Please check the Author Instructions Below for how to gain access to our indicators.
Tripple EMA Strategy - Dhan HQDear Traders,
Here with presenting the new Indicator (Strategy) which is primarily built based on the the EMA moving Average and Candlestick Pattern.
Idea behind this Indicator: I am sure every trader would have traded using Moving average one day or the other. And Moving average is theoretically they are Lagging and the EMA are used in place of Moving average just to avoid a bit of Lag to take advantage of those accuracy while avoiding the Lag. In order to be successful in trading Money Management and Risk Management is very much crucial and should be part of every trade we place.
What this indicator is providing:
Based on the EMA and candlestick patterns and using the inputs provided for RISK and Money Management options, Indicator continuously scans for trading opportunities and provides alerts for possible trades. I have tried to capture some analytical inputs for one to think and take control over the Reward, Risk and Money management parameters to tweak the indicator accordingly.
Below are the Analytical outputs provided:
1. Total Trades taken (History till present) and its profitability % & appx PNL
2. Current Dates & Yesterday's Trades along with its appx PNL
3. Long Trades performance vs Short Trades performance
4. Retrieve PNL values post specified Date in the Input settings.
5. Last 7 Days PNL
6. Month's PNL
Note: There is known BUG in the calculation where the first date of the month for Monthly PNL value is a trading Holiday then Monthly PNL is being displayed as 0. similarly this Bug is flowed for Last 7 Days PNL. This will be addressed in upcoming version along with planned release.
Alerts & Notifications:
There are basically 2 types of Alerts provided one with General Notification and Other with Dhan HQ notifications to support Algo Trades for Dhan HQ Baskets.
Overview for Dhan HQ Trade Alerts:
1. When the Day Beginning (At Session Start) Hedge Position can be placed and shall be squared off post Closing the session
2. During the course of the Day Buy & Sell Baskets shall be executed
3. Can map the Trade Level SL values
4. Can map Daily Limit for SL to avoid excessive Loss. Upon Loss you could stop trades for the complete day or you may restart the trade post completion of X no of hours.
Enjoy!
DISCLAIMER: No sharing, copying, reselling, modifying, or any other forms of use are authorized for our documents, script / strategy, and the information published with them. This informational planning script / strategy is strictly for individual use and educational purposes only. This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement. I am not responsible for any losses you may incur. Please invest wisely.
Happy to receive suggestions and feedback in order to improve the performance of the indicator better.
RSI TrendRSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be more precise based on OB/OS condition of price action. In addition normal RSI trend is plotted with trend color from Hull MA. Best Performance with Heiken Ashi Candles.
OB/OS Settings provided
Hull Buy/Sell Signals plotted
Double RSI FAST and DEFAULT signal with crossover
Bar Color applied based on Hull RSI Trend
Hull Trend + RSI + Price Action
EMA 10,55,200 (CriptoAprendices) CriptoAprendices
Media Móvil Exponencial (EMA'S )de 10,55 Y 200 en Un Solo Indicador
EMA + VWAP (CriptoAprendices)CriptoAprendices 2022
Estrategia EMA 9 + VWAP (Day Trading)
Lo ideal es usar EMA DE 9 + VWAP (Session) y operar en grafico de 5 minutos
4EMA SET & VWAP帶有價格及名稱標籤可自訂的4條EMA線和VWAP
Customizable 4 EMA lines and VWAP with price and name labels.
Bollinger BandsThis is the combination of three indicators (BOLLINGE BAND+VWAP+EMA200)
CREATED BY ANKR SINGH
Simple and Exponential Moving Averages (20, 50, 200)Displays the 20, 50, and 200 simple and exponential moving averages in 1 indicator.
Munich's Momentum Wave V2MUNICH'S MOMENTUM WAVE VERSION 2 IS LIVE!!!
There are a few big things to note with this one.
I decided to upload this as an entirely new script due to the number of changes differing from the first version, but as the last one, this will still work on ANY TIMEFRAME, ANY ASSET CLASS, ANY PRICE! .
This momentum wave indicator now will give you data for when trend could turn, and two momentum indicators to help you decide when to take an entry.
First off,
*I have added an alma ma (alma) that will track momentum alongside price action and further lead the indicator consisting of the Munich waves.
* The background feature will track the price using a method derived from the Bollinger bands, after calculations, it will color the background based on the average of the momentum's ema's, the alma ma, and also the alma in comparison to the alma's value pre offset ( the offset is 3, following the basis).
*There are now 5 basis values given from the increase in ema samples.
If anyone has any questions feel free to pm me or comment below. Thank you guys for the support! :)
INDEX:BTCUSD TVC:NDQ AMEX:SPY BITSTAMP:ETHUSD BINANCE:BTCUSDT FX:USDJPY NASDAQ:AAPL
München's Momentum WaveMUNICH'S MOMENTUM WAVE:
This momentum tracker has features sampled from Madrid's moving average ribbon but has differentiated many values, parameters, and usage of integers. It is derived using momentum and then creates moving averages and mean lengths to help support the strength of a move in price action, and also has the key mean length that helps determine HL/LH or rejections into trend continuation. This indicator works on ALL TIME FRAMES, ALL ASSET CLASSES ON ALL SETTINGS!!
HOW DO I USE IT?
*First off, I have arranged the input settings into groups based on the parts of the indicator it affects.
*You want to use the aqua/white/yellow (Munich's line) as your leading indicator, this is a combined average of the MoM indicator.
* When using Munich's line you want to look at the relation to the mean line (the flat line that adjusts based on price action. You will often see rejections of this line into trend continuation. I personally have caught perfect LH/HL bounce trades off of this indicator.
* Use the Background and other colored moving averages to help pre-determine moves based on the -3 offset value of Munich's line. This was by design not to create 'accurate' results, but to help predict momentum swings based on sharper moves in price action better than if all values lined up to the current bar.
Cheat Code's Notes:
I hope you guys find this indicator to be useful, this is most likely the best indicator that I have written. Simply for the fact it is useful on any chart, any timeframe with any setting. If you guys have any issues with it, shoot me a pm or drop a comment. Thanks!
-CheatCode1
BINANCE:BTCUSDT BITSTAMP:ETHUSD BITSTAMP:BTCUSD PEPPERSTONE:JPYX TVC:DXY TVC:NDQ AMEX:SPY
MFI StrategyThis indicator is based on MFI25 and EMA55 and optimized for 1 day graph and slow swing trading to show large moves and tops and bottoms.
You can change the MFI and EMA settings according to your style of trading.
The change from green to red and visa versa are the buying and selling moments.
The yellow line indicates that a change is possibly comming or not really sollid, so with yellow it's your own feeling that is leading.
Always combine this graph with others. F.i. a RSI14 to look for divergenses.
Ps. I'm not a professional or very experienced trader, but this indicator works perfect for me.
Succes.
TASC 2022.09 LRAdj EMA█ OVERVIEW
TASC's September 2022 edition of Traders' Tips includes an article by Vitali Apirine titled "The Linear Regression-Adjusted Exponential Moving Average". This script implements the titular indicator presented in this article.
█ CONCEPT
The Linear Regression-Adjusted Exponential Moving Average (LRAdj EMA) is a new tool that combines a linear regression indicator with exponential moving averages . First, the indicator accounts for the linear regression deviation, that is, the distance between the price and the linear regression indicator. Subsequently, an exponential moving average (EMA) smooths the price data and and provides an indication of the current direction.
As part of a trading system, LRAdj EMA can be used in conjunction with an exponential moving average of the same length to identify the overall trend. Alternatively, using LRAdj EMAs of different lengths together can help identify turning points.
█ CALCULATION
The script uses the following input parameters:
EMA Length
LR Lookback Period
Multiplier
The calculation of LRAdj EMA is carried out as follows:
Current LRAdj EMA = Prior LRAdj EMA + MLTP × (1+ LRAdj × Multiplier ) × ( Price − Prior LRAdj EMA ),
where MLTP is a weighting multiplier defined as MLTP = 2 ⁄ ( EMA Length + 1), and LRAdj is the linear regression adjustment (LRAdj) multiplier:
LRAdj = (Abs( Current LR Dist )−Abs( Minimum LR Dist )) ⁄ (Abs( Maximum LR Dist )−Abs( Minimum LR Dist ))
When calculating the LRAdj multiplier, the absolute values of the following quantities are used:
Current LR Dist is the distance between the current close and the linear regression indicator with a length determined by the LR Lookback Period parameter,
Minimum LR Dist is the minimum distance between the close and the linear regression indicator for the LR lookback period ,
Maximum LR Dist is the maximum distance between the close and the linear regression indicator for the LR lookback period .
EMA 21 + MacD + RSI + Alma
Setting
EMA 21 = Green
EMA 9 = yellow
MacD = 5 35 5
RSI = 10
Alma 20 0.8 8
RULES
Long:
1. EMA 9 below 21
2. RSI above 50 from Oversold
3. Macd Solid green
4. SL @ ALMA
5. Conditional buy limit order @ top wick
6. 1:3 RR
Short:
1. EMA 9 above 21
2. RSI below 50 from Overbought
3. Macd Solid red
4. SL @ ALMA
5. Conditional sell limit order @ bottom wick
6. 1:3 RR
Moving Averages Ribbon (7 EMAs/SMAs)This Indicator provides a combination which is suitable for visualizing many Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs). There are 7 possible periods 5,9,20,50,100,200,250. There is a possibility to show only EMAs or only SMAs or both. EMAs have thinner curves by default, to be able to distinguish them from SMAs. Additionally, there are highlighted channels between the MAs of the highs and the MAs of the lows, showing a channel of specific moving averages. It comes with a presetting showing EMAs 5,9,20,50,200 and SMAs 9,20,50,200, while the MA channels are only visible for 9 and 50.
EMAs:
SMAs:
Both
Multi Type RSI [Misu]█ This Indicator is based on RSI ( Relative Strength Index ) & multiple type of MA (Moving Average) to show different variations of RSI.
The relative strength index (RSI) is a momentum indicator used in technical analysis to evaluate overvalued or undervalued conditions in the price of that security.
█ Usages:
The purpose of this indicator is to obtain the RSI calculated with different MAs modes instead of the classic RMA.
The red and green zones indicate the oversold and overbought zones.
Buy or sell signals are marked by the green and red circles
We have 2 different signal modes : when the different size RSIs cross and when the fast RSI crosses the extreme bands.
Alerts are setup.
█ Parameters:
Lenght RSI: The lenght of the RSI. (14 by default)
RSI MA Type: The type of MA with which the rsi will be calculated. ("SMA", "EMA", "SMMA (RMA)", "WMA", "VWMA")
Fast Lenght MA: The fast lenght smoothing MA.
Slow Lenght MA: The Slow lenght smoothing MA.
Lower Band: The lenght of the lower band. (25 by default)
Upper Band: The lenght of the upper band. (75 by default)
Signal Type: The mode with which buy and sell signals are triggered. ("Cross 2 Mas", "Cross Ma/Bands")
Synthetic EMA Momentum w/ DSL [Loxx]Synthetic EMA Momentum w/ DSL is a momentum indicator that is calculated with 5 different EMAs of increasing period to derive a final momentum value. This helps reduce noise and improve signal quality. Discontinued signal lines are uses to calculate signal values.
What are DSL Discontinued Signal Line?
A lot of indicators are using signal lines in order to determine the trend (or some desired state of the indicator) easier. The idea of the signal line is easy : comparing the value to it's smoothed (slightly lagging) state, the idea of current momentum/state is made.
Discontinued signal line is inheriting that simple signal line idea and it is extending it : instead of having one signal line, more lines depending on the current value of the indicator.
"Signal" line is calculated the following way :
When a certain level is crossed into the desired direction, the EMA of that value is calculated for the desired signal line
When that level is crossed into the opposite direction, the previous "signal" line value is simply "inherited" and it becomes a kind of a level
This way it becomes a combination of signal lines and levels that are trying to combine both the good from both methods.
In simple terms, DSL uses the concept of a signal line and betters it by inheriting the previous signal line's value & makes it a level.
Included:
Loxx's Expanded Source Types
Alerts
Signals
Bar coloring
Related indicators
Smoother Momentum MACD w/ DSL
T3 Velocity
Smoother Momentum MACD w/ DSL [Loxx]Smoother Momentum MACD w/ DSL uses two different EMA calculations to derive momentum and then calculates the MACD between those momentum outputs. This indicator uses a variation of Discontinued Signal Lines for the breakout/breakdown/reversal signals . There are three different signal types: middle, levels, and slope. I've also added alerts and signals. The discontinued signal lines can be smoothed using EMA or Fast EMA.
What are DSL Discontinued Signal Line?
A lot of indicators are using signal lines in order to determine the trend (or some desired state of the indicator) easier. The idea of the signal line is easy : comparing the value to it's smoothed (slightly lagging) state, the idea of current momentum/state is made.
Discontinued signal line is inheriting that simple signal line idea and it is extending it : instead of having one signal line, more lines depending on the current value of the indicator.
"Signal" line is calculated the following way :
When a certain level is crossed into the desired direction, the EMA of that value is calculated for the desired signal line
When that level is crossed into the opposite direction, the previous "signal" line value is simply "inherited" and it becomes a kind of a level
This way it becomes a combination of signal lines and levels that are trying to combine both the good from both methods.
In simple terms, DSL uses the concept of a signal line and betters it by inheriting the previous signal line's value & makes it a level.
Included:
Loxx's Expanded Source Types
Alerts
Signals
Bar coloring
Other momentum indicators
CFB-Adaptive Velocity Histogram
Variety-Filtered, Squeeze Moving Averages
William Blau Ergodic Tick Volume Indicator (TVI)
MTF EMA Ribbon & Bands + BBMulti Timeframe Exponential Moving Average Ribbon & Bands + Boillinger Bands
I used the script "EMA Ribbon - low clutter, configurable " by adam24x, I made some color change and I added a few indicators (Boillinger Bands, EMA on multi timeframe and EMA bands from "34 EMA Bands " by VishvaP).
The script can display various EMA from the chart's timeframe but also EMA from other timeframes.
Bollinger Bands and EMA bands can also be added to the chart.
Stoch/RSI with EMA50 Cross & HHLLA hybrid but simple indicator that plots 4 strategies in one pane .
1) RSI Indicator
2) Stoch RSI
3) EMA50 Cross (To determine direction in current timeframe)
4) Higher Highs & Lower Lows to analyze the trend and break of trend
The relative strength index (RSI) is a momentum indicator used in technical analysis. It is displayed as an oscillator (a line graph) on a scale of zero to 100. When the RSI indicator crosses 30 on the RSI chart, it is a bullish sign and when it crosses 70, it is a bearish sign.
The Stochastic RSI (StochRSI) is also a momentum indicator used in technical analysis. It is displayed as an oscillator (a line graph) on a scale of zero to 100. When the StochRSI indicator crosses 20 on the RSI chart, it is a bullish sign and when it crosses 80, it is a bearish sign.
The EMA50Cross denotes two cases in the script:
a) A crossover of CMP on the EMA50 is highlighted by a green bar signals a possible bullish trend
b) A crossunder of CMP on the EMA50 is highlighted by a red bar signals a possible bearish trend
The HHLL is denoted by mneumonics HH, HL,LH, LL. A combination of HHs and HLs denotes a uptrend while the combination of LLs and LHs denoted a downtrend
The current script should be used in confluence of other trading strategies and not in isolation.
Scenario 1:
If a EMA50Cross over bar (GREEN) is highlighted with the StochRSI below 20 and the given script is plotting HHs and HLs, we are most likely in a bullish trend for the given timeframe and a long can be initiated in confluence with other trading strategies used by the user. The RSI signal may now be utilized to determine a good range of entry/exit.
Scenario 2:
If a EMA50Cross under bar (RED) is highlighted with the StochRSI above 80 and the given script is plotting LLs and LHs, we are most likely in a bearish trend for the given timeframe and a short can be initiated in confluence with other trading strategies used by the user. The RSI signal may now be utilized to determine a good range of entry/exit.
Disclaimer:
The current script should be used in confluence with other trading strategies and not in isolation. The scripts works best on 4H and 1D Timeframes and should be used with caution on lower timeframes.
This indicator is not intended to give exact entry or exit points for a trade but to provide a general idea of the trend & determine a good range for entering or exiting the trade. Please DYOR
Credit & References:
This script uses the default technical analysis reference library provided by PineScript (denoted as ta)