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.
Entry
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.
ATR and RSI Buy / Sell Signal Beta 1.0This has been a long time coming for me.
I need to clean it up and add inputs for others to customize it that's why its protected.
This is configured for US securities.
Goal: Signal when to enter a trade on either side
Method: ATR and 2 RSI signals using:
3 Minute Chart Resolution
MUST have an active (can be hidden) BUILT-IN ATR ; length = 4 and set to RMA smoothing
MUST add the script; THEN go to the scripts settings and change the source to ATR. TV does not allow this to be set to default (that I know of)
I have default settings how I use them but you can modify:
ATR period (Length) =4
ATR multiplier = 0.9 (can edit by 0.1 increments.
The 1st Length/offset/resolution is defaulted to the 1 minute RSI.
The 2nd Length/offset/resolution is defaulted to the 3 minute RSI.
1)
OVERBOUGHT or OVERSOLD
*Please understand I use a length of 4 for this script, that is why the RSI OB/OS limits are so high/low.
Overbought conditions will light yellow if the 1m RSI > 90 and the 3min RSI > 85 and the time is between 09:42am and 16:00
Oversold conditions will light yellow if the 1m RSI < 10 and the 3min RSI < 10 and the time is between 09:42am and 16:00
The script ensures that if it is OB/OS under these conditions than it will not signal a buy or sell.
2)ATR
The script identifies reversals via the close breaking past the previous ATR on the preceding candle. ATR will not move UP on a short and will not move down on a long. It trails the last candle it was not broken.
The script plots labels up and down to identify the start of a reversal. Each start will have an accompanying line to display the continuation of the trend in one direction.
The script displays the value of the STOP as it trails price action. One could continue to mirror this value if you chose to. I use the fib tool for my targets and manage it as P/A demands.
3) RSI SIGNALLING
The script identifies a trend by analyzing BOTH RSI (1m and 3m) measures and requires that the current bar's readouts for BOTH measures are either greater or lower than the preceding candle.
The script also requires that both measures are above or below 50 to signal a trend.
The script will plot the trend as arrows up or down, it will display a (-) when the these conditions are not met.
Requirements to signal a BUY (LIME GREEN) or SELL (BRIGHT RED):
**Ensure your chart candle colors are faded so you can see the signal.**
**Precision is set to 0; remember TV rounds up or down for the visual measure but uses the exact measure for the script**
During the first 12 minutes:
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There are no OB/OS conditions as informed in section 1.
ATR stop line must be present OR the current bar close is higher than the ATR stop of the preceding candle whether it is a long or short stop signal. Quick whips are accounted for.
The current bar close MUST be higher or lower than the preceding candle's HIGH or LOW.
The script MUST identify the RSI signalling as detailed above in section 3.
The candle will light LIME or BRIGHT RED when these conditions are met and will not deceive the statements I have made.
It is important to understand that the signal may become null if the conditions do not persist through the final close of the candle. This means that a snapshot of the indicator does not accurately represent
what it will display at different times during each countdown of EACH 3 minute candle. Sometimes it signals to go long and once RSI gets too high it no longer signals. This is a good thing. Limits FOMO entries.
@ 09:42 until 16:00
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OB/OS yellow candles will now occur as detailed in section 1.
Candles MUST clear the HIGH or LOW of the TWO preceding candles.
Candles MUST be trending as defined in section 3.
Candles MUST conform the conditions of the ATR stop.
I want to thank;
@pinescripters
@freedom_trader_
and I will even thank the manual lol
I have manually back tested this because I am working on the proper coding to have TV do it for me.
My strategy requires me to cover 25% of my position at 0.5 of the TV ATR 4 length RMA indicator.
Once the first target is hit than the STOP is moved to break-even.
If the target is not hit than my maximum loss is also 0.5 of the TV ATR 4 length RMA indicator.
I tested 3 full days, always on the 3min chart.
I tested 96 trades. All occurring immediately upon signal.
85 were wins and 9 were losses, 88.5% profitable.
Please understand that my intend is to cover enough quickly to cover commission costs and limit losses.
The remaining 75% of my position are sold off in the following pattern unless P/A demands that I override the FIB tool. Let them run when you can.
Position ENTRY
25% cover @ 0.5 x ATR
25% of remaining position cover @ 1.75 x ATR
25% of remaining position cover @ 2.5 x ATR
25% of remaining position cover @ 3.5 x ATR (APX 40% of the initial position)
I will further back test in the near future with an expanded risk.
[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.
TradeChartist Tantalizer Pro™TradeChartist Tantalizer Pro is an extensive set of trading Indicators, Signal generators and Utilities all packed into 1 script. The script's visually appealing design and its functionality offers a pleasing experience for the users, thereby complementing their analysis and helps understand asset's price action better.
What does ™TradeChartist Tantalizer Pro do?
1. MA Tantalizer plots Moving Averages Tantalizer (Fishnet or Tantalized) based on user selection from a dropdown of 10 MAs (SMA, EMA, Zero-Lag EMA, SMMA, WMA, DEMA, TEMA, VIDYA (Variable Index DYnamic Average), T3 MA (developed by Tim Tillson featured in his article "Better Moving Averages" in 1998), Modified T3 MA). If length input is 10, Tantalizer plots 20 MA plots ranging from 10 MA to 200 MA. The Tantalized MAs help the traders to visually spot price trends and along with other indicators within the script, helps make an informed trade decision. 20 MA plots can be individually plotted or hidden from the indicator settings.
2. Plots two MAs based on user input length and timeframe which helps detect MA crosses as shown below.
3. Generates Intensity framework based Signals with recommended Stop Loss (trails with Equilibrium Line) along with Intensity Bands plot. (disables MA Tantalizer)
4. Plots Intensity candles to help spot trend and trend changes.
5. Generates TradeChartist's Rubicon framework based signals with recommended Stop Loss (trails and reverses trade when closes below or above, based on trade direction) along with Rubicon Environment plot.
6. Offers RSI color candles, Automatic Levels Generator in the toolkit to help traders visually spot RSI changes and Support/Resistance levels on chart. RSI Color Candles is a very helpful tool especially in spotting price trends on Heikin Ashi charts.
The sheer number of interesting things that can be done with this script from plotting visually engaging MA Tantalizer, detecting MA crosses not just on chart Timeframe, but also crosses between MAs of different timeframes, switching between Rubicon and Intensity environments, switching between RSI and Intensity color candles to plotting Support/Resistance levels using Automatic Levels Generator, makes this script quite versatile and a real Tantalizer.
This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to the indicator before deciding to take lifetime access to this script)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
TradeChartist MTF RSI Spotter™TradeChartist MTF RSI Spotter is an elegant Multi Timeframe RSI tool that helps spot price trends using visually engaging and appealing RSI plots and backgrounds compared to the basic RSI plot. Also the Bull and the Bear background fills + HTF RSI based background fills are highly useful for traders who like to visually understand areas of entry and exit based on RSI .
What does ™TradeChartist MTF RSI Spotter do?
Plots RSI with visually spottable colors for Bull and Bear zones (Green and Red) with optional background fill.
Plots RMA based on User specified length.
Plots user preferred HTF RSI on same chart as chart TF - HTF resolution from indicator settings drop-down must be used.
Fills Bull and Bear zone colors based on HTF based RSI movement.
Spots Regular RSI Bullish and Bearish Divergences.
Plots RSI color candles on main chart based on Upper and Lower RSI band.
Plots RSI based on RSI smoothing (1 for Regular RSI without smoothing) and Heikin Ashi RSI if opted from indicator settings.
This indicator works like a dream when used with other indicators for confirmation of Trends.
Note 1: Divergences don't work to trader's expectations all the time. It is a great indicator but has to be used with caution and entries must be confirmed using another indicator like Volume , Trend, fundamentals, market sentiment etc. They can't be used on their own to decide entry and exit.
Note 2: Bull and Bear RMA with chart TF RSI should be used for confirmation and not as a standalone indicator for entry and exit.
Example charts
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
™TʀᴀᴅᴇCʜᴀʀᴛɪsᴛ Tʀᴇɴᴅsᴇᴛᴛᴇʀ™TradeChartist Trendsetter is an elegantly designed functional indicator that helps spot price trends based on user input and volatility to generate high probability BUY and SELL signals.
1. What does ™TradeChartist Trendsetter do?
Plots high probability BUY/SELL signals based on user input and price volatility.
Plots recommended Stop Loss and SOS signals.
Plots regular RSI divergences based on user input.
Plots Linear Regression trend lines based on user input.
Displays Trendsetter Dashboard with useful trade information.
Displays real time gains tracker.
Tracks another symbol on Dashboard based on user input.
Alerts when BUY and SELL signals are generated.
2. What markets can this indicator be used on?
Forex
Stocks - Signal prices calculated taking gaps into account.
Commodities
Cryptocurrencies
and almost any asset on Trading View.
Works really well when there is good volume, volatility or both in the asset traded/observed.
3. Do the indicator signals repaint?
No. Once the BUY and SELL signals are generated with entry price (open price of signal candle), there is no repainting.
This can be verified using Trading View Bar Replay to check if the signals stay in the same candle in real-time as the Bar Replay.
4. Does the indicator send alerts when a signal is generated?
Yes. Traders can get alerts by setting up Trading View alerts for BUY/SELL signals. For confirmed BUY/SELL alerts, 'Once Per Bar' must be used as there is no need to wait for the candle close.
Example Charts
GBP-USD 1hr chart with indicator plots description
GOLD 4hr chart using Daily HTF resolution from indicator settings.
SPX 15m chart using Daily HTF resolution with RSI divergences.
Note: Default settings work really well for most assets and time frames. Change HTF resolution (default 4hr) from indicator settings and make sure it is higher time frame than the chart resolution.
ALMA CounterIt counts how many candles are below or above the Arnaud Legoux Moving Average (ALMA).
It may be useful to found good entry points.
Z Score Enhanced Time Segmented Volume (Multi MA)**THIS VERSION HAS BEEN STANDARDIZED WITH A Z SCORE CALCULATION AND ALLOWS THE USER TO SELECT WHICH MOVING AVERAGE THEY WOULD LIKE TO UTILIZE FOR THE SIGNAL LINE**
Chart shows the Non-Standardized Enhanced Time Segmented Volume (Multi MA) with default settings on top and the Standardized version with default settings on the bottom.
Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume . Essentialy it is designed to measure the amount of money flowing in and out of an instrument.
Time Segmented Volume was originally ported to TradingView by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0.
In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart.
If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart.
If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart.
If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart.
If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart.
At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero.
**Z Score // Standardized Option **
Thist Standardized code implements all of the above but also allows the user to select a threshold level that should not need to be adjusted for each instrument (since the output is standardized).
If the TSV value meets the long and short signal requirements above and TSV is greater than the threshold values a green or red box will print ABOVE the oscillator. The histogram will also change color based on which threshold TSV has met.
This calculation allows us to compare current volatility to the mean (moving average) of the population (Z-Length). The closer the TSV Z-Score is to the mean, the closer it will be to the Zero Line and therefore price is likely consolidating and choppy. The farther TSV Z-Score is from the mean, the more likely price is trending.
The MA Mode determines the Moving Average used to calculate TSV itself. The Z-Score is ALWAYS calculated with a simple moving average (as that is the standard calculation for Z-Score).
The Threshold Levels are the levels at which TSV Z-Score will change from gray to yellow, orange, green ( bullish ), or red ( bearish ).
Statistically speaking, confidence levels in relation to Z-Score are noted below. The built in Threshold Levels are the positive and negative values for 90%, 95%, and 99%. This would indicate when volatility is greater than these values they are out of the ordinary from the standard range. You may wish to adjust these levels for TSV Z-Score to be more responsive to your trading needs
80% :: 1.28
85% :: 1.44
90% :: 1.64
95% :: 1.96
99% :: 2.58
The Z Length is the period for which the Z Score is calculated
More information regarding Time Segmented Volume can be found here: www.worden.com
Original code ported by @liw0
Corrected by @vitelot
Updated/Enhancements by @eylwithsteph with inspiration from @storma
Multiple MA Options Credits to @Fractured and @lejmer
Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim
As always, trade at your own risk.
Enhanced Time Segmented Volume (Multi MA)**THIS VERSION ALLOWS THE USER TO SELECT WHICH MOVING AVERAGE THEY WOULD LIKE TO UTILIZE FOR THE SIGNAL LINE**
Chart shows two different options of many. Top option is the default settings and bottom option is a different moving average with no other changes.
Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume. Essentialy it is designed to measure the amount of money flowing in and out of an instrument.
Time Segmented Volume was originally ported to TradingView by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0.
In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart.
If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart.
If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart.
If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart.
If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart.
At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero.
More information regarding Time Segmented Volume can be found here: www.worden.com
Original code ported by @liw0
Corrected by @vitelot
Updated/Enhancements by @eylwithsteph with inspiration from @storma
Multiple MA Options Credits to @Fractured and @lejmer
Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim
As always, trade at your own risk.
Highs & Lows of Last [x] Bars===========
Highs & Lows of Last Bars
===========
We have found this indicator invaluable over the past few years - whether you prefer to trade Crypto, Forex, Commodities or something else this indicator could prove really useful. It's always nice to know the highs and lows of the last Week or Month, the problem being the information is only really relevant at the start or end of that chosen time period; throughout the mid-section of that time period the chart will either be displaying irrelevant information or info that has been/is being re-painted. Not good!
Our Highs & Lows of Last Bars Indicator will remove this re-painting problem and display up-to-date information from higher time frames without compromising the integrity of your current chart period.
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Most high & low finder indicators will use, (for example), a 'W' or 'M' as their higher TF to get HTF results - we do things just a little bit differently, it's like this:
Most other High/Low Indicators:
~ MON 1st (get high/low value from 'W' TF) ~
~ MON 8th (get new data and plot from 'W' TF)
etc. - This leads to gaps in the data, re-painting and missing lots of potential mid-week trades.
Our High & Low of Last Bars:
~ MON 1st (get high/low value from LAST 7 DAYS) ~
~ TUE 2nd (get high/low value from LAST 7 DAYS) ~
etc.
This provides a much smoother High/Low plot with more relevant information. You can clearly see areas of support and resistance, updated on the LTF chart using data from a HTF.
Because we've included 2 TF's you can use simultaneously you can see when the lower TF touches the Higher TF this (generally, but not always!) means there's a breakout coming!
Hope this is useful to you guys!
Good Luck and Happy Trading!
Areas of Support/Resistance & BreakoutA pretty little indicator showing pivotal breakouts - that is, locating critical pivot points within price action, connecting the dots and trading the breakouts from this area!
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Useful for finding good entry levels, exit levels, areas of strong support/resistance and most importantly - the Breakout!
Includes "Bars to the Left" variable so you can shorten or lengthen the indicator as required.
Good Luck and Happy Trading!
™TradeChartist Intensity™TradeChartist Intensity is a visual indicator that comes with Intensity color candles and Auto-fibs feature that helps any trader with Entry/Exit and levels confirmation based on where the price is, in relation to the Orange Price Equilibrium line and the 5 zones of Bull/Bear limits that fade into the top or bottom outer space.
™TradeChartist Intensity itself doesn't plot BUY or SELL signals, but when used with ™TradeChartist Rubicon gives a better picture for trade confirmations. It can also be used as a standalone indicator and works equally effective with other traditional and non-traditional indicators.
The indicator comes with simple settings with useful features outlined below.
Intensity Color Candles
Intensity Color Candles when activated from settings paints the candles/bars with colors specific to the Bull/Bear limits or the outer space and is easy to identify the signal strength over time.
Uptrend - The bars/candles move away from the Orange Price Equilibrium line towards the upper Bull limits with bar color fading slowly leading to outer space where the bar color turns neon green.
Downtrend - The bars/candles move away from the Orange Price Equilibrium line towards the lower Bear limits with bar color fading slowly leading to outer space where the bar color turns neon red.
When the price candle wick or body touches the Orange Price Equilibrium line, distinct torchlight circle appears to signal the trader of a potential change in price direction which can be used as a signal confirmation in conjunction with another indicator before taking a trade position.
Show Auto Fib Levels
Auto Fib Levels plot automatic Fib levels based on significant Highs and Lows based on Intensity strategy which mostly are reference prices of recent highest high above Orange Equilibrium price line and recent lowest low below the Orange Equilibrium price line.
15m XBT chart with 'Show Auto Fib Levels' checked and 'Show Fibs from current High/Low' unchecked under indicator settings
These Auto Fib Levels change when the price movement/trend changes direction and will be based on trending price direction.
Show Fibs from current High/Low
When this option is chosen from indicator settings, the auto fib levels are drawn from the highest high of the trending price direction to lowest low of last trend for uptrend or vice-versa for downtrend.
15m XBT chart as above with 'Show Fibs from current High/Low' unchecked under indicator settings
Show Profit Candles
Activating this option from indicator settings will automatically plot $ labels above candle highs that hit important resistance levels during uptrend and candle lows that hit important support levels during downtrend. This will help traders take out profits during trades based on their personal profit goals and realistic trade targets based on momentum/RSI/volatility etc.
Example chart of XAUUSD 1hr Gold chart showing both Long and Short trade Profit candles
Give a thumbs up or leave a comment if you like the script.
BERLIN Renegade - Entry and ExitThis is the entry and exit part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications.
For entry, it consists of Modified Chaikin Oscillator and Advanced MACD. The Advanced MACD is not available on its own, but all others are publically
available.
For exit it consists of the DIDI Index and the QQE line (original idea by Jie). Special thanks to Michael Kuczynski for the idea to include the FTLM digital filter.
Long signal: Green bars (upper and lower are both green)
Short signal: Red bars (upper and lower are both red)
Exit signal: Purple bars (bottom) - DIDI Index with QQE line
Calculator (weighted) - evoA tool to calculate the average price and position size.
The "Risk Amount" input means the amount of dollars you lose if the trade gets stopped out (it should be based on a small percentage of your account).
TIPS
- If you use the weights to calculate an average price, make sure it adds up to 100% in total or you will get a weird number.
- Keep an eye on the risk amount if you take a trade, if I ever update the script it might set back to default which will change your position size.
- I tested it all but you might trade in a different way than me, so do your own calculation for every new thing you try with it.
If you find any bug please tell me so that no one ends up with a weird calculation or position size.
[fikira] Harmonic Patterns (Gartley)When using "Harmonic Patterns", always look at the bigger picture, please do not depend solely on the "Pattern".
Use other indicators,... to confirm what you think is going on!
That said, it is quite useful!
Here we have "The Gartley", bullish and bearish.
The "Pattern" is created by checking 5 consecutive (pivot) points, starting with X, A, B, C, and ending with point D.
At point D all 5 points are compared, calculated and verified.
When confirmed, a "Label" will be plotted at point D, together with the "Entry", "Take Profit" and "Stop Loss" price.
The "Entry", "Take Profit" and "Stop Loss" lines will be plotted as well at point D.
Lastly, a "Drawing" automatically will be displayed which makes the "Pattern" visible.
Please do mind, the "Drawing" is calculated differently, the "Drawing" sometimes can be displayed incorrectly
when prices are too close to each other (for example low Satoshi price changes).
THE "ENTRY" , "TAKE PROFIT", "STOP LOSS" PRICES AND LINES ARE NOT AFFECTED AT ALL BY THIS, THEY WILL SHOW CORRECTLY!
- 1 "TP point" can be changed ("TP Level 0.618")
- "Labels", "Lines", "Drawings" can be disabled/enabled
- "Labels" can be made smaller or bigger ("Size Label")
- "Labels" can be placed further or closer to the bar ("Distance TP Label" > higher = closer, lower = further)
- "Lines" can be made thicker or thinner ("TP Linewidth")
- "Drawings" can be made thicker or thinner ("Drawings Linewidth")
- "Drawings" are created by comparing with 100 bars back in history (default), should it be (very rarely) a triangle is displayed flat on the left side,
possibly the first point(s) is/are further than 100 bars ago, in this case increase "Period Drawings" above 100.
- When a lot (really a lot!) of "Patterns" appear on the chart, the first ones will not be displayed anymore, first the "Drawings", then the "Lines"
The last (present) ones will always be displayed in total without a problem!
- If you want to see "Patterns" with less correct measurement, change "Error Marge" 0.9 - 1" and "Error Marge" 1 - 1.1"), this gives max. about 10% extra margin
Thank you very much!
Peakestsignal Indicator - Valuetrading Indicator - Cheap Entry'sPrivate indicator.
HI BIG PLAYERS
Are you looking for the cheapest entry signal for trading?
This indicator gives the really cheaply entry signals. For buysignals you get a green background vertical line and for sellsignals you get a red background vertical line.
If you have a trend strategy and only need THE TREND for trading: believe me, this indicator give you the right signals.
Alerts are possible with the TradingView Alertsystem.
More examples of another markets:
HOT TO GET ACCESS: looking on below signature.
Kind regards
NXT2017
Mirror TSI-MACD by Trader JayI was playing around with the TSI-MACD and surprisingly it works quite well as a mirror.
There are 2 ways this can be used
1. Enter long when Blue line crosses up the Red
2. Exit long when Green line crosses the blue
or
1. Enter long when Blue line crosses up the Red
2. Exit long when Blue line crosses back down below the Red
IMPULSE_2PSAR_ST_CMGEmasCurrently under Development.
Designed to easily get the trend using both SuperTrend and CM Guppy Emas, and using 2 PSARs for entry and trend change alert.
intended to trade scalping and options
CryptoJJ - SSL indicatorThe SSL indicator with colour change. Tool for spotting trends and finding good entry points. I recommend using it for higher timeframes, from 4h to 1D.
Play with the settings, you can change the moving avarage type, its length, if you prefer having the default
bar colours in your chart, disable the colouring function in the script.
Good luck crypto traders!
CryptoJJ
SWING POINTS HOUNDTry's to find possible swing points and reversal points using mutli time frame moving averages and Fibonacci retracement with multiple lengths. Can be used to gauge trends and find potential entry points for trend following strategies. Can also be used to find potential price reversal points and areas of heavy resistance/support.