Market Trading Tools - Golden & Death Crosses + AlertsOur Golden & Death Cross indicator is another indicator we are happy to present to interested people. The indicator detects the possible trend change and it is a well known tool among traders.
To make it more convenient for your use we have labeled the golden gross with a G and there is a green vertical bar that is available on the signal. Same for the death cross we have put a D and a red vertical bar.
The indicator can be used on any financial market; crypto, stocks or forex. We do not recommend a certain time frame as each time frame usually this depends on each trader to another, but it works on every time frame, the signals will appear on any time frame used.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We are happy to announce that our trading indicator is special and unique from different ones because it has alerts added to it and that feature isnt really available in most of the indicators around. We believe that the indicator plotting and style on chart is also easy for the eyes to catch and will probably not intersect with other indicators you might have on your chart, or at least our other indicators.
We have also enabled a function for our users to get a better view of the trend when they add the indicator to their chart. You can now view the trend background color (red&green) depending on if the price is above the EMA of your choice. you can also check whichever time interval you want that does not limit you to the time interval chosen on your chart itself.
Hope you enjoy it, Good luck and stay safe!
** If you are interested in this indicator. please use the link below to obtain access to this indicator.
Futures
Market Trading Tools - BOOM DCAOur DCA tool is an indicator that is mostly based on RSI. The DCA tool is there to let you know where you should start averaging your entries or longing or shorting a financial asset. It can also give you an idea about when a market can start going the other way depending on the time frame you are using.
DCA will signal two different buy signals and two different sell signals L/L1 - S/S1. S is for Short and L is for long. These signals can be used according to your own desire, S1 and L1 are a condition and S and L are a condition, it is rare when both will occur close to each other but in some cases they can be close depending on market situation. The indicator algorithm is based on 2 indicators, when these two intersect, the signals will be fired once the conditions are met.
** Our Indicator does not repaint.
** It can be used on any financial market; crypto, stocks or forex. We also encourage using time frames as law as the 15 minutes and above. The use of a higher than 4hr time frame requires special settings and once you have access to it, you can change the parameters as you want. We have enabled our users to freely use the settings as they wish and to their on discretionary.
Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.
We believe that we have not seen a similar indicator, and we are proud of our work and we will continue updating the indicator when we believe it is necessary according to market changes.
Good luck! and stay safe!
** If you are interested in this indicator, please use the link below to obtain access to it.
Session Trader2This is the second version of our work on developing signals for day trading stock index futures. In addition to finding signals that trade with the trend this script also looks for key reversal points during the day so that traders can now trade both ways. The signals are designed to operate on an intraday basis and have holding periods of 30 minutes or less. The script uses price action only as its signal generation trades rather than relying upon lagging indicator data. For info on how to obtain this scrip please see our signature file or message us directly on TV. We would be happy to show you.
Futures/Perpetuals DeltaBackwardation/Contango of OKEX, HUOBI, BITMEX, DERIBIT futures compared to XBTUSD.
Results indicate that backwardation can mark bottoms in price action.
Bitcoin Futures: Premium Discount Backwardation Contango [CR]Bitcoin Futures Premium Discount - Backwardation Contango
Cryptorhythms back at it again with another release for your quarantined pleasure! We've had this one in our back pocket for a few months adding new features and testing it out. Now its time to release it into the wild!
Intro
This indicator is used to capture additional profits by spread trading on futures contracts.
Description
This indicator is for members only and instructions will be given out upon becoming a member. It allows you to select from dozens of perpetual, futures and spot markets to compare, along with providing an info panel of many useful statistics and triggers.
How to get access?
You can get more information on joining by referring to my signature links. Members gain access to an entire suite of proven trading indicators and a supportive community of traders.
Relativity BEARS FUTURES 50X 4H AlgorithmHi,
This system is prepared only for leveraged markets and for Futures and CFD markets.
Leveraged processing apply to cryptocurrency contracts that are also subject to.
System parameters:
Timeframe = 4H (4 Hours)
Leverage = 50X
Position Size = %1 (0.01) Each Trade
Market Direction : Short
System features :
- It targets the Risk /Reward Ratio of 1/3 and above. (Risk/Reward Ratio >= 3 )
- If a Take Profit Point has come in a successful trade but the parameter conformity has not deteriorated, system continues the trade.
- In this way, you can catch strong long trends several times a year.
But it is strict as stop-loss and avoids large declines,whipsaws whenever possible.
- The system tries to avoid unnecessary processes as much as possible.
This means less commission and less sideways market.
- Since it takes advantage of the reverse market, it is suitable not only for long and short but only for short position, ie "bears".
But this neutralizes unnecessary processes.
- Stop-Loss points and Snow-take points are shown in red and green.
-However, if there is a small amount of follow-up available at the computer, it is recommended to put stop-loss only.
Because the system revises both stop-loss and take profit points according to the conditions formed.
Doing this in the right major long trend here allows you to be in trades.
-The system takes into account the risk and only opens transactions where the value corresponding to 10 leverage ratio is greater than the risk.
This provides as much protection from risk as possible.
-Alerts added.
About Backtest :
Since this system uses leveraged market, backtest results are not healthy.
But since it targets the 1/3 Risk Reward Rate (3.00),
we must look Ratio Avg Win/Loss and it must be over 0.5 because :
This ratio means: When we reach 33% of our correct trades in all our trades, we are at breakeven.
This is 100 - 33 = 66
33/66 = 0.5 (Ratio Avg. Win / Avg Loss )
So whenever this rate is over 0.5, we make a profit.
*** The fact that this ratio is over 0.70-1.00 in terms of securing ourselves because there is a maturity in the future indicates that we are doing
successful snowball trades.(Because future contracts have loss of maturity and end dates)
And we achieve success cumulatively.
Important Note : This system is prepared only for these parameters.
These parameters are designed for Futures and CFDs.
It doesn't work in spot markets and Forex Markets.
NOTE :
The system has been prepared as a strategy to present success in a transparent manner.
Please check "Ratio Avg . Win / Avg Loss" rates in backtests.(Especially preferred financial instruments what you trade generally)
Important Note 2 -
Although the system revises the stop and take profit points in the required parameters, the most accurate place is when the signal comes.
It should be entered when the signal comes as much as possible and if this did not happen,
trade must be opened in the nearest bars after the signal comes.
If the position is not closed, renew your position in the new month by observing the maturity conditions.
Here you should pay attention to the maturity, the cost of transportation.
Because the more time to maturity, the more advantageous it will be.
Best regards.
Relativity BULLS FUTURES 50X 4H AlgorithmHi,
This system is prepared only for leveraged markets and for Futures and CFD markets.
Leveraged processing apply to cryptocurrency contracts that are also subject to.
System parameters:
Timeframe = 4H (4 Hours)
Leverage = 50X
Position Size = %1 (0.01) Each Trade
System features :
- It targets the Risk /Reward Ratio of 1/3 and above. (Risk/Reward Ratio >= 3 )
- If a Take Profit Point has come in a successful trade but the parameter conformity has not deteriorated, system continues the trade.
- In this way, you can catch strong long trends several times a year.
But it is strict as stop-loss and avoids large declines,whipsaws whenever possible.
- The system tries to avoid unnecessary processes as much as possible.
This means less commission and less sideways market.
- Since it takes advantage of the reverse market, it is suitable not only for long and short but only for long position, ie "bulls".
But this neutralizes unnecessary processes.
- Stop-Loss points and Snow-take points are shown in red and green.
-However, if there is a small amount of follow-up available at the computer, it is recommended to put stop-loss only.
Because the system revises both stop-loss and take profit points according to the conditions formed.
Doing this in the right major long trend here allows you to be in trades.
-The system takes into account the risk and only opens transactions where the value corresponding to 10 leverage ratio is greater than the risk.
This provides as much protection from risk as possible.
-Alerts added.
About Backtest :
Since this system uses leveraged market, backtest results are not healthy.
But since it targets the 1/3 Risk Reward Rate (3.00),
we must look Ratio Avg Win/Loss and it must be over 0.5 because :
This ratio means: When we reach 33% of our correct trades in all our trades, we are at breakeven.
This is 100 - 33 = 66
33/66 = 0.5
So whenever this rate is over 0.5, we make a profit.
*** The fact that this ratio is over 0.70-1.00 in terms of securing ourselves because there is a maturity in the future indicates that we are doing
successful snowball trades.(Because future contracts have loss of maturity and end dates)
And we achieve success cumulatively.
Important Note : This system is prepared only for these parameters.
These parameters are designed for Futures and CFDs.
It doesn't work in spot markets and Forex Markets.
NOTE :
The system has been prepared as a strategy to present success in a transparent manner.
Please check "Ratio Avg . Win / Avg Loss" rates in backtests.
Important Note 2 -
Although the system revises the stop and take profit points in the required parameters, the most accurate place is when the signal comes.
It should be entered when the signal comes as much as possible and if this did not happen,
trade must be opened in the nearest bars after the signal comes.
If the position is not closed, renew your position in the new month by observing the maturity conditions.
Here you should pay attention to the maturity, the cost of transportation.
Because the more time to maturity, the more advantageous it will be.
Best regards.
Relativity BEARS FUTURES 10X 1D AlgorithmHi,
This system is prepared only for leveraged markets and for Futures and CFD markets.
Leveraged processing apply to cryptocurrency contracts that are also subject to.
System parameters:
Timeframe = 1D (1 Day)
Leverage = 10x
Position Size = %1 (0.01) Each Trade
System features :
- It targets the Risk /Reward Ratio of 1/3 and above. (Risk/Reward Ratio >= 3 )
- If a Take Profit Point has come in a successful trade but the parameter conformity has not deteriorated, system continues the trade.
- In this way, you can catch strong long trends several times a year.
But it is strict as stop-loss and avoids large declines,whipsaws whenever possible.
- The system tries to avoid unnecessary processes as much as possible.
This means less commission and less sideways market.
- Since it takes advantage of the reverse market, it is suitable not only for long and short but only for short position, ie "bears".
But this neutralizes unnecessary processes.
- Stop-Loss points and Snow-take points are shown in red and green.
-However, if there is a small amount of follow-up available at the computer, it is recommended to put stop-loss only.
Because the system revises both stop-loss and take profit points according to the conditions formed.
Doing this in the right major long trend here allows you to be in trades.
-The system takes into account the risk and only opens transactions where the value corresponding to 10 leverage ratio is greater than the risk.
This provides as much protection from risk as possible.
-Alerts added.
About Backtest :
Since this system uses leveraged market, backtest results are not healthy.
But since it targets the 1/3 Risk Reward Rate (3.00),
we must look Ratio Avg Win/Loss and it must be over 0.5 because :
This ratio means: When we reach 33% of our correct trades in all our trades, we are at breakeven.
This is 100 - 33 = 66
33/66 = 0.5
So whenever this rate is over 0.5, we make a profit.
*** The fact that this ratio is over 0.70-1.00 in terms of securing ourselves because there is a maturity in the future indicates that we are doing
successful snowball trades.(Because future contracts have loss of maturity and end dates)
And we achieve success cumulatively.
Important Note : This system is prepared only for these parameters.
These parameters are designed for Futures and CFDs.
It doesn't work in spot markets and Forex Markets.
NOTE :
The system has been prepared as a strategy to present success in a transparent manner.
Please check "Ratio Avg . Win / Loss" rates in backtests.
Important Note 2 -
Although the system revises the stop and take profit points in the required parameters, the most accurate place is when the signal comes.
It should be entered when the signal comes as much as possible and if this did not happen,
trade must be opened in the nearest bars after the signal comes.
Here you should pay attention to the maturity, the cost of transportation.
Because the more time to maturity, the more advantageous it will be.
Best regards.
Relativity BULLS FUTURES 10X 1D AlgorithmHi,
This system is prepared only for leveraged markets and for Futures and CFD markets.
Leveraged processing apply to cryptocurrency contracts that are also subject to.
System parameters:
Timeframe = 1D (1 Day)
Leverage = 10x
Position Size = %1 (0.01) Each Trade
System features :
- It targets the Risk /Reward Ratio of 1/3 and above. (Risk/Reward Ratio >= 3 )
- If a Take Profit Point has come in a successful trade but the parameter conformity has not deteriorated, system continues the trade.
- In this way, you can catch strong long trends several times a year.
But it is strict as stop-loss and avoids large declines,whipsaws whenever possible.
- The system tries to avoid unnecessary processes as much as possible.
This means less commission and less sideways market.
- Since it takes advantage of the reverse market, it is suitable not only for long and short but only for long position, ie "bulls".
But this neutralizes unnecessary processes. (Short market direction, the system for bears will be published separately.)
- Stop-Loss points and Snow-take points are shown in red and green.
-However, if there is a small amount of follow-up available at the computer, it is recommended to put stop-loss only.
Because the system revises both stop-loss and take profit points according to the conditions formed.
Doing this in the right major long trend here allows you to be in trades.
-The system takes into account the risk and only opens transactions where the value corresponding to 10 leverage ratios is greater than the risk.
This provides as much protection from risk as possible.
-Alerts added.
About Backtest :
Since this system uses leveraged market, backtest results are not healthy.
But since it targets the 1/3 Risk Reward Rate (3.00),
we must look Ratio Avg Win/Loss and it must be over 0.5 because :
This ratio means: When we reach 33% of our correct trades in all our trades, we are at breakeven.
This is 100 - 33 = 66
33/66 = 0.5
So whenever this rate is over 0.5, we make a profit.
*** The fact that this ratio is over 0.70-1.00 in terms of securing ourselves because there is a maturity in the future indicates that we are doing
successful snowball trades.(Because future contracts have loss of maturity and end dates)
And we achieve success cumulatively.
Important Note : This system is prepared only for these parameters.
These parameters are designed for Futures and CFDs.
It doesn't work in spot markets.
NOTE :
The system has been prepared as a strategy to present success in a transparent manner.
Please check "Ratio Avg. Win / Loss" rates in backtests.
Important Note 2 -
Although the system revises the stop and take profit points in the required parameters, the most accurate place is when the signal comes.
It should be entered when the signal comes as much as possible and if this did not happen,
trade must be opened in the nearest bars after the signal comes.
Best regards.
Crypto Type: Regular, Perpetual, Or Futures?A simple way to find out if the security in question is a regular, perpetual, or futures pair.
This reads the data of the security's description and sees if the word perpetual or futures is mentioned.
The method to check if a string has the letters we seek was first introduced by MichelT .
Thank you for checking this out and I hope this helps unlocking new hidden potential.
Session.TrdrThis a script designed to find continuation patterns on a variety of instruments but ideally on futures over short periods of time. The script can be used to trade trend over weekly and even monthly time frames but is best used for day trading. The script uses price action only as its key inputs highlighting the points during the trading day when the dominant flow has resumed. The script is designed to be traded on the 15M time frame for intra-day signals. To get access to the script please see the contact details in our signature.
Quarters, halves and roundiesThis indicator shows the quarters (25/75), halves (50) and roundies (00) between an upper and lower limit.
It is often used for futures ( CME_MINI:NQ1! or CME_MINI:ES1! ).
You can switch on/off the quarters (25/75) and choose a color for the lines.
Feel free to comment below if you like it, what you need to be improved or changed or whatever variations you wish!
NSDT Session Background ShadingA simple script to add background colors to specific timeframes. Great for trading futures so you can separate sessions for easier viewing. Use for stocks to separate pre, open, and post market times.
There are three timeframes that can be set and all colors can be modified.
McMillan Volatility Bands w/ Buy & Sell Signals [optstrategist]BACKGROUND
McMillan Volatility Bands are an alternative approach to John Bollinger's "Bollinger Band" study and developed by world-renowned options trader and author Lawrence G. McMillan. Given his background in options trading, it was natural for Lawrence to approach any volatility-based study in the same manner options are priced --using Black-Scholes model. This model of pricing assumes a financial asset's volatility should be measured in percentage change rather than absolute value change.
OVERVIEW
The McMillan Volatility Bands indicator for TradingView will plot the 3 and 4-standard deviation bands around a 20-day moving average. This is how Larry has always used this system. The user can, however, change the standard deviation value as well as the moving average length to their preferred setting. This indicator can be used on any asset and on any timeframe.
Furthermore, the indicator will plot buy and sell signals based on a trading system used by Larry in his flagship newsletter publication The Daily Strategist. The system gives a signal when price closes outside the 4-sigma band and then closes back within the 3-sigma band. That 'signal bar' will be colored red or green for a sell or buy signal setup, respectively.
Finally, an arrow will be plotted on the chart where the system would actually enter the trade. This is determined when price trades a little beyond the extreme of the 'signal bar'. The level by which price has to go beyond the 'signal bar' is an input parameter and can be adjusted by the user. We've chosen the default value of 0.34. This means, the indicator will not give a buy or sell entry until the price moves: 1/3 x beyond the extreme signal bar. This is to prevent getting whipsawed by some setups that never really move in your favor. We've found it successfully removes the less-valuable trade setups.
PARAMETERS
ma_length => length of the moving average that the volatility bands work off of
outside_sigma => standard deviation of outer volatility band
inside_sigma => standard deviation of inner volatility band
entry_trigger_cushion => this refers to the percentage of the signal bar's range. The default value is 0.34. This means price will need to move 1/3 (~34%) of the signal bar's range beyond the high (for a buy) or low (for a sell) of the signal bar to trigger a buy/sell entry. This entry plots the arrow on the chart. We have found requiring this extra move in price eliminates many of the less-desirable signals at the expense of entering the better signals a little later.
WANT TO PURCHASE OR NEED MORE INFORMATION ON McMILLAN VOLATILITY BANDS?
Visit the link below to see purchasing options as well as screenshots of the indicator and how we trade it at McMillan Analysis Corp.
Price CorrelationsThis indicator shows price correlations of your current chart to various well-known indices.
Values above 0 mean a positive correlation, below 0 a negative correlation (not correlated).
It works well with daily candle charts and above, but you may also try it on 1h candles.
The default indices:
- Gold
- S&p 500
- Mini Dow Jones
- Dow Jones
- Russel 2000
- Nasdaq 100
- Crude Oil
- Nikkei 225 (Japan)
- FTSE 100 (UK)
- Silver
- DAX Futures (DE)
You can change the defaults to compare prices with other indices or stocks.
Bitcoin future premiumsThis shows the actual premium or the deviation between chosen active bitcoin futures and the bitcoin perpetual price as a representation of the underlying bitcoin price.
It's centered around zero meaning the futureprice and the perpetual contract are the same.
This simple indicator can for example be used to indentify sentiment in the market.
Please make sure you fill out active contracts in the settings for this indicator to work.
XBT % ContangoSimilar to my other indicators, but measures XBTUSD Contango in terms of percent.
Also, built it so you could change the values that give the red and green signals. Default values are 0% or less (backwardation) indicates green. However, i found that a 0.5% setting worked will finding local bottoms for current contract of XBTH20 (March 2020). The upper value default is at 5%, and signals red when the next contract reaches over 5%.
My assumption is as BTC increases in value over time, measuring contango in terms of percent will be a better measure of the XBT futures curve.
Futures APRFutures basis % for any ticker.
Requires: an index to compare against, the futures ticker, and the expiration year/month/day/hour. Optional second ticker to compare with.
Example explanation using bitcoin futures:
For Deribit, their futures expire at 0800UTC and the ticker will show the date of expiration. For example, BTC27H20's expiration is the 27th of March, 2020, at 0800UTC. For BitMEX, their futures expire at 1200UTC and have the same expiration dates.
www.deribit.com
"3 and 6 months quarterly of the March, June, September, December cycle; Quarterly futures expire the last Friday of each calendar quarter at 08.00 UTC."
www.bitmex.com
Archived page here: archive.is
"This contract settles on the .BXBT30M Index value as of the Jun 26, 5:00 AM (12:00:00 PM UTC)."
Once the June 2020 contract does expire you can always replace "XBTM20" with the currently running contract.
Notes on futures charts that never expire:
For OKEx, their futures charts are continuous, meaning that the indicator's values won't be accurate past prior expirations. This will be the same for other continuous futures charts such as BTC1!. This is because they are displaying previously expired contracts combined together.
Dunnigan's Way TrendA rising trend requires two consecutive days of high and low points are relatively high prices, so as to confirm that the point reached by the price operation is higher than the high point in the falling trend. This judgment mode is very simple and effective, not inferior to those more complex methods.
一个升势需要连续两天的高点和低点均居于相对较高的价位, 从而确认价格运行所达到的点位高于降势中的高点,这种判断模式非常简洁,而且效果很好,不次于那些比较复杂的方法。
Bitcoin Futures SentimentMonitors the sentiment across Bitcoin Futures, large discrepancies indicate potential low risk (buy/green) and high risk (sell/red) zones.
Ichimoku+P&F+Stoch+NoRange+HL+crossupThis is a highly advance trading strategy for high frequency trading on Bitmex, Binance Futures, ByBit and others. I'm using variations of this script to manage $500K institutional account! Forward tested results available for 1.5 years. This script uses combination of Ichimoku cloud on multi-timeframe. Uses Stochastic RSI indicator on multi-timeframe. Uses Point and Figure analysis. Used EMA crossup for longs
Currently looking for Beta Testers.
Instructions:
1. Each coin is unique so needs a lot of time to fine tune the parameters.
2. This parameters tuned only for Longs (inquire for Shorts)
3. This is only tuned for BTC but I have tuned parameters for all coins (inquire for help)
Settings:
1. Chart timeframe: 3
2. P&F timeframe: 1
3. Ichimoku timeframe: 15
5. Stochastic timeframe: 15
Current exchange integration: Bitmex, Binance Futures, Bybit... More will be added soon.