[TT] Daily Levels
These pivots are based on calculations that i have been using for quite some time. I'm sure There is no need to explain on how to use pivots.
Labels are given to understand and you can Msg me here or comment if u need any explanation.
I have given few examples below.. check i t out
XAUUSD
BTCUSD
Nifty
Banknifty
Entry
Gain/StopLoss Percentage LinesGain/StopLoss Percentage Lines is a quick way to enter your Entry Price in to a stock and track the percentage of gain or loss at the 5% and 10% markers.
Click on the gear settings icon and type in your entry price. The percentage is defaulted to 5%. You can change this to a different percentage at this screen. Note that whatever number you enter will be doubled for the upper and lower lines. For instance, if you want to set your first red line stop loss and green gain line at 2.5%, your two other upper and lower green and red lines will be at 5%.
However, this will not change the text on the tab marker.
To change the tab text, go in to the Pine Editor and change the green text that says "5% Gain" and "5% Loss" to your new percentages.
Bjorgum MTF MAScope:
Up to 3 MA's can be applied at the users discretion
Choose between 10 different average types including favorites from the Bjorgum series from HEMA to Reversal T3's
Each MA can be independently set
Go Multi-timeframe! Any MA can be set to any timeframe of reference you choose (ex. using 3 different timeframes of higher resolution to your chart reference to establish a multi-time frame trend)
RSI HEATMAP. Use the bar color or the MA color selection toggle to set your color to reference RSI on a gradient. This helps to establish clear visual reference to momentum on top of trend analysis
Assigning RSI bar color to an MA of a higher time frame can allow you to see visual reference of momentum of the greater trend that may be at play.
Example: trying to get short on a 15min while your 1hr and 4hr RSI Heatmap burns deep in oversold.
RSI color can be assigned to the bar color, the MA (1,2 or 3), or both. Alternatively, bar color can be assigned to a more simple rising/ falling MA color and price above/ below the MA for bar color.
ALL MTF FUNCTIONS ARE NON_REPAINTING.
The Idea
The original inspiration behind the script came from an observation of a constant struggle of Pinecoders of both youth or experience to find accurate multi-timeframe indicators that do not repaint, and appear as should on historical bars, while performing reliably in real time. I encourage you to scroll the Pinecoders FAQ on a recent piece explaining the difficulties and caveats of different approaches, but I would like to reference the elimination of the historical bar offset for THIS purpose. MA's are based on closing prices, that is to say they are confirmed and will not change once the bar has closed. There is no need to offset these for historical reference. The purpose of the historical offset is best exemplified, for example, with an intraday strategy involving daily breakouts. Let's entertain going long on a break to a new daily high. We would not know that in real time so we need to reference the previous bars close for BACKTESTING purposes, otherwise we get "lookahead bias". There is no shortage of strategies unintentionally employing this bias out there (I'm sure you have come across them with their unrealistic results).
There is no worry of repainting with the MTF security function included within this script, nor will it offset for something involving lookahead bias. I encourage those that are playing with the code or perhaps writing strategies of their own to borrow the functions within. There is also a function that will return the 10 MA variable selection - yours to keep.
With all that in mind, I wanted a practical script that is easily deployable in everyday trading for the average trader that gives the user a firm grip on their trading steering wheel equipped with the feel of the road. Incorporating several MA's of differing times with the RSI heatmap gives a good visual reference and feel to your trading environment, while offering a level of customization that will fit an individuals personal trading style. The RSI heatmap gradient is per percentage between 30 and 70 and your 2 colors - anything outside of those levels gives you the vibrant bias color
Below I walk through 2 examples of live trades scenarios I made using the mindset the script offers.
The Trade
LONG IZEA
Timeframe: 4hr chart
- 3 Tilson MA's of varying length are deployed at varying intraday time frames
- A bullish pattern in an uptrend offers a possible trade allowing entry from a low risk point from the pattern low
- See the chart for notes and observations using the script
- Notice how the heatmap brightens up as price extends far away from the averages - your risk has elevated for a new position
- Notice the heatmap cool off while price action consolidates sideways
The Trade
SHORT BTCUSDT
Timeframe: 4hr chart
- 3 EMAs are employed - same length (50), with 3 successive timeframe resolutions
- A downtrend is formed with a sharp move to stack the EMAs into layers
- A pull back opportunity presents itself in bearish consolidation
- Notice a Doji star at resistance establishing a swing high as RSI cools off into the EMA dynamic resistance for entry
- An '"equal legs" measured move can be used for a trade target with a stop out above the swing high.
- Again, take note of distance from EMA's, the heatmap in combination with trend development surrounding the MA's
These were just two ideas to show you an example of how to implement some strategy into your trading and to get some interesting use from the indicator. Hope you enjoyed the read and happy trading.
Boom Hunter - Entry Point Screener AlertsStock screener for Boom Hunter and Boom Hunter Pro entry zones. This script will screen 18 different stocks for entry zones.
1. Enter in any ticker ID's from charts you wish to scan in the settings.
2. Go to desired timeframe.
3. Click add alert button at top toolbar.
4. Select Boom Screener indicator, input alert notification settings and/or change alert name and click create.
The script will then scan the stocks and alert you of any entry zones from the timeframe you set the alerts.
A new alert needs to be created for each timeframe you wish to screen.
Boom Hunter ProBoom Hunter Pro is the ultimate indicator for targeting perfect long entries and epic shorts. Boom Hunter comes with a super fast oscillator that uses Ehlers Early Onset Trend (EOT). This is the Center Of Gravity Oscillator (COG) with a super smoothing filter and a roofing filter. This indicator is tuned for 1 hour charts but can be used on any time frame.
Colored bars can be turned on to assist in finding an entry. Purple signifies a drag and potential dump.
Fibonacci lines can be turned on to track price action and find entries/exit.
This indicator follows the same rules as COG. For more information please see my COG HOWTO here:
Relative Volume Screener AlertsThis script will screen 12 different stocks and current chart (13 in total) for entry points from my relative volume indicator.
1. Enter in any ticker ID's from charts you wish to scan in the settings.
2. Go to desired timeframe.
3. Click add alert button at top toolbar.
4. Select RVOL Screener Alerts indicator, input alert notification settings and/or change alert name and click create.
The script will then scan the stocks and alert you of any entry points from the timeframe you set the alerts.
A new alert needs to be created for each timeframe you wish to screen.
You can find my relative volume indicator here:
Bybit Futures ShortsThe whales love to short! This indicator emulates a strategy used by institutions to find short entries. It is designed for use on the Bybit exchange 4hr futures contracts but can be used on any timeframe on any Bybit contract. This is a great way to short with the whales. Please note this only works with Bybit.
Below is an example on 4hr chart:
Below is an example on 1hr chart:
Below is an example on Daily chart:
Good Luck!
MM Scalper A scalpers Dream just like my other algorithms you have your SL, 2TPs, and entry points to scalp the market based on these two MoneyMoves Moving averages.
can use
Entry
2 TP
ATR x1.5 or x2 Stop Loss auto generated per signal.
BB Bands, TMA Bands, Donchain channels, or volatility cloud
MTF support and resistance
pivot high/low
works on all timeframes for scalpers, intraday, or even swing.
effective on binary as well.
Directions are simple
when one Ma crosses the other you will receive a signal with all your inputs
the signals change based on the length you set on the Baseline and Slop
use market structure and its it a sure winner
Link below or PM us for access to this indicator Happy Trading
Boom HunterEvery "boom" begins with a pullback... This indicator will help traders find bottoms and perfect entries into a pump. It combines two indicators, Dr. John Ehlers Early Onset Trend (EOT) and the infamous Stochastic RSI. The indicator features a built in dump and dip detector which usually picks up signals a few candles before it happens. The blue wave (EOT) shows trend, when waves travel up so does the price. Likewise for the opposite. Low points are revealed when EOT bottoms out and flat lines. Traders can then use the Stochastic RSI crossover to enter a trade. As the EOT lines get closer together there is more movement in price action, so as they get wider traders can expect sideways action. This indicator works on all timeframes but has had excellent results on hourly chart.
Entry zones are marked with a green dot at top of indicator. This signals a bottom is being formed and traders should look for an entry.
Exit points are marked with a red dot at top of indicator. This signals a peak and great time to exit.
Dips and dumps are indicated in red at bottom of indicator.
LSMA Wave RiderThe LSMA Wave Rider uses Least Squares Moving Average to make a fast oscillator ideal for scalping lower timeframe charts. Upper and lower bands contract during pullback and expand as it "booms". The perfect entry is the first crossover after bands expand. This is a great tool for entering trades.
The above image shows two examples of perfect entries:
1. The upper and lower bands contract getting tighter as it pulls back.
2. The upper and lower bands then begin to expand as it gets ready to fly.
3. The oscillator crosses over showing entry point.
* Please note that this strategy may not work during major downtrends. *
Oscillator 2 is used to detect diversions. Reduce the number to pick up shorter diversions and increase to 200 to pickup larger diversions.
Easy Entry/Exit Trend Colors (With Alerts)This is an updated version of user Algokid's script called 'AK MACD BB INDICATOR V 1.00'. You can find that original script here:
I added many alerts along with the Bullish and Bearish alerts when the MACD crosses over the Upperband or crosses down on the Lowerband.
I personally use this indicator with Crypto charts (Bitcoin on a 15min, 1hour, and 4 hour timeframe) as one of many confirmations that it's a good time to enter a trade. This script was made to be easy to follow with the colors of GREEN triangles being a good uptrend or entry confirmation, and RED being a confirmation to sell/short or exit your trade.
It's important to use this indicator in combination with other indicators that can give you more confirmations to enter or exit a trade, and make sure you are on normal candles and not HA or any other candles as you can get wildly inaccurate results.
This script also has the Death & Golden crosses, which is the slow and fast moving averages crossing over each other. I don't use this as an additional confirmation, it's just nice to know where the cross happens.
Stochastic RVIBased on the Stochastic RSI but uses RVI (Relative Volatility Index) as source. Another great tool for finding market lows and entry points. This oscillator is also good for finding accurate diversions.
Entry master RSI pullbackSimply using a single RSI and placing a signal after it crosses the 50 level after being overbought or oversold in the same direction.
Volume Strength IndicatorThis Indicator is built to give you an edge into the market. Given volume, volatility and price-action, it compares market conditions against the maximum that have occurred so far in the session. Useful for intraday and day trading for timing entries with the smart money.
The green/red histogram gives us a view into the relative strength of the current bar, whether they have strong buying or selling power.
The orange signal line gives us a view of the recent trend, which can be modified using the various inputs.
Buy and Hold entry finderHello everyone!
This is a indicator based on the MACD and the distance between the current price and the Exponential moving Average .
The signal gets triggered if the current MACD (with default settings) is under 0 and the Distance from the Ema gets smaller if under ema or gets bigger if over ema . In edition you can set a max distance from the ema .
This indicator was invented for buy and hold strategy s only.
I invented this indicator to find better entrys for my saving plans on the MSCI WORLD AND MSCI EMERGING MARKETS ETF on the 1 day timeframe.
Instead of investing every month, i only invest on the green Arrow Signal.
For example, lets say there is no buy signal for 3 months, then i invest the summary of the three months on the buy signal.
OSCAR Oscillator by GenZai - NNFXOSCAR Oscillator by GenZai
Green line is the Oscar Rough
Red line is the Oscar
By default based on the 8 last candles and smoothed using RMA
Purple line is the Slow Oscar
By default based on the 16 last candles and smoothed using WMA
HOW TO USE
Exit signaling
This indicator can be used as an exit indicator when line cross each other.
Entry signaling
When the green line crosses up, it indicates a long entry
When the red line crosses up, it indicates a short entry
Overbought/Oversold
When the indicator crosses the dashed grey lines it indicates Overbought Oversold
Slow Oscar Add-on
This is an Add-on to the orignal Oscar indicator
Can be hidden if you want the original experience of the Oscar indicator.
Can be used as a confirmation indicator by looking at the direction of the slope to verify is your are trending long or trending short.
Can be used as a baseline to confirm signals given by Oscar
Can be used to tweak your signals and test different settings.
Stock or Forex?
The program was originally written for stocks, but works equally well with the Forex market.
How this indicator is calculated ?
This is the formula we use to calculate the Oscar:
let A = the highest high of the last eight days (including today)
let B = the lowest low of the past eight days (including today)
let C = today's closing price
let X = yesterday's oscillator figure (Oscar)
Today's "rough" oscillator equals (C-B) divided by (A-B) times 100.
Next we "smooth" our rough number (let's call it Y) like this:
Final oscillator number = ((X divided by 3) times 2), plus (Y divided by 3).
SETTINGS:
You can choose between different smoothing options:
RMA: Moving average used in RSI. It is the Adjusted exponential moving averages (also known as Wilder's exponential moving average)
SMA : Simple moving average
EMA : Exponential moving average
WMA : Weighted moving average
Fractal Adaptive Entry IndicatorThis entry indicator was inspired by John Ehle'rs "Fractal Adaptive Moving Average"
It's a very sensitive entry indicator that must be paired with a long-term trend detector in order to filter false positives.
Warning I have not backtested this indicator and will not make any claims to its performance.
Visually, it looks promising, however, backtesting and statistical analysis takes time.
Happy trading
<3
Reflex - A new Ehlers indicatorSource: Stocks and Commodities V38
Hooray! A new John Ehlers indicator!
John claims this indicator is lag-less and uses the SPY on the Daily as an example.
He states that drawing a line from peak to peak (or trough to trough) will correspond perfectly with the Asset.
I have to say I agree! There is typically one bar of lag or no lag at all!
I believe this indicator can be used for either entries or exits, but not both.
Entry
1. Entering Long positions at the pivot low points (Stocks and ETFs)
2. Entering Long when the Reflex crosses above the zero lines (Stocks, ETFs, Commodities)
Exit
1. Exiting Long positions at a new pivot high point (Stocks and ETFs)
2. Exiting Long when the Reflex crosses below the zero lines (Stocks, ETFs, Commodities)
In this example, I place a Long order on the SPY every time the Reflex crosses above the zero level and exit when it crosses below or pops my stop loss, set at 1.5 * Daily ATR.
4/6 Wins
+10.76%
For me, that's good enough to create a strategy and backtest on several Indices and ETFs, which is what I have a hunch this will work on.
I think there is a lot of promise from a single Indicator!
Let me know in the comment section if you're able to use this in a strategy.
FauxLife EFIModification to Elder's Force Index (EFI)
Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results!
Adjust lookback from standard/suggested 13 candlesticks
Added a color indication to positive or negative force reading
Added background color tint for an easier read on dashboard setups
Suggested pair with my On Balance Volume with Cross to use as a filter & entry/exit setup. Enter or exit trades when the two indicators switch at the same time or within 1-2 candlesticks of each other.
[astropark] Volume that mattersDear Followers,
does volume say something about market makers and what will happen in near future?
Today a new Price Action Tool , the "Volume that matters" indicator.
When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume!
Specific Volume spikes happen as
reactions at support or resistance range , as well as at supply and demand zones
market makers' actions
trend switching in short-term and mid-term future
They can be both bullish or bearish , but the real problem is that not all, but only a few volume candle matters ! And this tool will filter them for you.
This indicator works
on every timeframe (eg. 15m, 30m, 1h, 2h, 4h, 6h, 1D, ...), the higher, the better!
on cryptocurrencies (eg. XBTUSD, ETHUSD, ETHBTC, both USDT and BTC markets, ...)
on forex (eg. EURUSD, GPBUSD, JPYUSD, ...)
on stocks (eg. AMZN, FB, TSLA, GOOG, NFLX, ...)
on commodities (eg. GOLD, SILVER, OIL, ...)
This indicator has following options:
edit volume filter and period analysis
edit filter based on fixed or percentage volatility change
edit filter based on candle value size
show a suggestion of possible entries and stoploss
You can enhance your trading by using it together with my "Engulfing that matters", my "Pinbar that matters" and my "Breaker Blocks (BB) and Supply/Demand Order Blocks (OB)" indicators, so you can easily spot confluences and have more confidence in trades.
Here my Engulfing that matters indicator
Here my Pinbar that matters indicator
Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator
Here below some examples on how to use the indicator.
BTCUSDT 1D
ETHUSD 4h
LINKBTC 1h
EURUSD 4h
AMZN 1h
XAUUSD 4h
Here below an example of suggested entries and stoploss
This is a premium indicator , so send me a private message in order to get access to this script .
Naleen's Entry IndicatorHi
This indicator uses a combination of moving averages and RSI to trigger entry and exit signals.
Use alongwith my VWAP Indicator to enter positions
Tradespot Quant Tradespot - Quant is an extensive trading algorithm, signal generator and technicals screener packed into one beautifully designed, functional indicator. The script is very customisable to not limit the trader using it but does have some very respectable settings for BTCUSD & ETHUSD on the 4H and 45M charts that we run in an automated fashion here a tradespot round the clock on Binance Futures.
What does Tradespot Quant do?
Trade following signals generated via our bespoke algorithm
Full customisation to allow a deeper use of the indicator across different assets
Beautifully illustrated 'Take Profit' and 'Stop Loss' levels that are configurable to easily see how successful the model can run
Presets for BTCUSD & ETHUSD on the 4H/45M timeframes avaliable instantly for your use.
Innovative trade panel that illustrates key information such as what trade the algorithm is looking for next? is altcoin trading deemed safe or risky right now? How are the technicals looking regarding the overal market trend?
More features being added all the time, we have great ideas and our only limitation is how fast we can program it!
Do you do a free trial?
Yes! Get in touch for a complimentary 48 hour free trial to the indicator, no strings attached.
Who are you?
Tradespot has been creating scripts for years on TradingView that we use to leverage our social trading and signal group offerings. We currently have over $200K in assets trading with our strategies across over 300 users.
You can learn more about us on our website. Please reach out to me or see the link on our profile.
