StockCloud_Chopiness This indicator describes the state of the market. If the region is under green shades, you could take trade based on your other criterias and if its red , the market is chopping and it is not advisable to take the trade. This works for BANKNIFTY spot chart and ideally on a 5 min Time frame. Do not use this alone but use it best with Price Action. Also ignonre this indicator values on sudden spike candles, wait for the PA and indicator behaviour to take the trade.
Green signifies the possibility of being in a trend state and doesnt mean a long condition and red in a consolidation / trap state and doesnt mean a short condition.
M-oscillator
True Range Outlier Detector (TROD)True Range Outlier Detector (TROD) shows you weather or not a candle is larger than normal. This works by taking the normalized true range and if the candle exceeds a score of 0.5 or -0.5 it triggers the outlier detection. This is great for building strategies if you want to refrain from buying larger than normal up or down ticks. The only feature is the ability to change the lookback period of the normalization. I hope you find this as useful as I do!
Enjoy!
Smooth Stochastic and RSI ComboA lot of people run both stochastic and rsi on one chart so I figured I would make something that combines the two. This script takes both the rsi and the stochastic, smooths them both and then plots them both on top of each other. I have filled it to make an error range and I colored it with the direction of its mean. I hope this frees up some room on your screen! Enjoy!
ps this is not stochastic rsi, its both stochastic and rsi.
Pair Prowler [CR]Pair Prowler by Cryptorhythms
Intro
Members needed a new scalping indicator, so of course I listened and delivered. Pair prowler is not crypto specific and can be applied to a variety of timeframes, markets, and tickers. Its meant to be a general purpose scalping aid providing actionable signals that help you time the market.
Description
This indicator relies upon various methods relataed to probabilities, statistics and data science to predict optimal times to buy or sell any given time series data. The goal was to create a tool that isolated short form trades, making it easier to follow a noisy market. With built in safety features to help trades make smart decision real time when it matters. The focus is making high hit rate uncorrelated returns to your base market.
There are still a large list of features to implement on the indicator. Most of the parameters will be made dynamic needed no changing or interaction from the user. This will also help prevent potential overfits from over-enthusiastic optimization =)
Private
This indicator is reserved for our members only to prevent decay as long as possible. You can view my signature at the bottom of this post for more information on membership. Membership seats are also capped!
Dont worry, there are 2 new free public scripts coming as well in the near future!
Adulari OscillatorThis indicator is included with Adulari Professional.
Adulari Oscillator is a trading tool that can be used on any asset, and any given timeframe. It is special because it self-optimizes, meaning no configuration is required before usage.
How do I use it?
Never use this indicator as standalone trading signal, it is meant to be used as confirmation.
Look for strong trends crossing on the middle line.
Combine the trend strength indications with the signals. For example: if a bullish signal was printed after a strong downtrend this may indicate a strong reversal.
The accuracy shown in the indicator is merely a tool. Past results do not indicate future results. Historical data will differ from future data.
Features:
Self-optimizing, no configuration required.
Purple dots for bullish trend reversals, gray crosses for bearish trend reversals.
Gradient histogram that shows the strength of a bullish or bearish trend with a stronger color.
White line that indicates clear bottoms or tops.
Automatically determined top and bottom borders that may show trend reversals.
Dashboard that shows the accuracy of the signals, total amount of signals, total amount won, and total amount lost.
Alert conditions that allow you to set alerts for bullish or bearish signals.
How does it work?
The oscillator line is calculated using our custom version of the very well-known and loved stochastic. The bullish signals are given when the oscillator value falls below the oversold line, and the bearish signals when the oscillator value exceeds the overbought line. These oversold and overbought lines are determined by our algorithm. The accuracy shown in the dashboard is calculated with the following methods: the highest or lowest price within the lookback range divided by the price at the moment of a signal multiplied by the minimum percentage change. When this condition is true it means a signal was valid and thus it will be added to the total wins, when the condition is false it will be added to the total losses. Accuracy is then determined by dividing the total wins by total signals. A win is when the minimum percentage move in the settings occurred within x amount of bars (settings) after a signal. When these conditions are not met, it will be considered a loss. Keep in mind that this is not a trading strategy, and these wins/losses do not represent actual trades. The accuracy also does not represent a winrate or anything of a sort while using the indicator.
This script is unique because it does a few things. It self-optimizes based on historical data, which I was not able to find in this specific stochastic like oscillator format. And it will show you the average accuracy of the signals based on all the signals given on the chart, which I was not able to find in this same exact format either.
Wave Fusion By CryptoScriptsThe Wave Fusion indicator is finally here! This indicator is a combination of the Wave Strength Oscillator and RSVP Extractor. It used a combination of momentum waves, volume, price, RSI, and statistical analysis to help nail down whenever the current price is overextended and due for a reversal. I'm currently using the 1D timeframe for BTC but feel free to experiment on different timeframes to see what works best for you. In the description below, I'll go over each signal, how it's derived, and how to use them!
Oversold (Green shaded area) - The oversold indication appears whenever all oscillators are oversold and is usually a good indicator that a reversal to the upside is around the corner (at least for a short period). Be advised these are the weakest of the three signals so I recommend using this signal with other indicators (such as my MFI Pro).
Overbought (Red shaded area) - The overbought indication appears whenever all oscillators are overbought and is usually a good indicator that a reversal to the downside is around the corner (at least for a short period). Be advised these are the weakest of the three signals so I recommend using this signal with other indicators (such as my MFI Pro).
Green Diamond - The green diamonds indicate whenever one or more oscillators are oversold AND one or more oscillators are outside of the bollinger bands, which is great for catching reversals to the upside. These may come two or three at a time so it may be best to wait until they have all printed before entering.
Red Diamond - The red diamonds indicate whenever one or more oscillators are overbought AND one or more oscillators are outside of the bollinger bands which is great for catching reversals to the downside (as seen in the chart). These may come two or three at a time so it may be best to wait until they have all printed before entering.
Rocket - The rocket symbol occurs whenever ALL oscillators are oversold and one or more oscillators are outside of the bollinger bands . This is great for catching reversals to the upside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Red Alarm - The red alarm symbol occurs whenever ALL oscillators are overbought and one or more oscillators are outside of the bollinger bands . This is great for catching reversals to the downside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Moon - The Moon symbol occurs whenever ALL oscillators are oversold and ALL oscillators are outside of the bollinger bands . This is great for catching reversals to the upside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Blood Moon - The red alarm symbol occurs whenever ALL oscillators are overbought and ALL oscillators are outside of the bollinger bands . This is great for catching reversals to the downside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Strongest to Weakest Buy Signals - Moon --> Rocket --> Green Diamond --> Green Shaded Area
Strongest to Weakest Sell Signals - Blood Moon --> Red Alarm --> Red Diamond --> Red Shaded Area
Input Options
Show Histogram - I also included a Histogram in the indicator to help gauge the level of buys/sell strength but kept it hidden for the default levels (i.e a green diamond with a red histogram bar is usually a good sign a reversal is about to happen to the upside whereas a green diamond with a green histogram bar may indicate a false reversal and there's still more room to the downside until a red bar appears. Always backtest this!)
Show Overbought/Oversold Levels - This is if you want to ignore all of the green/red shaded areas and only focus on the diamonds and rocket/alarm signals
Wave Overbought/Oversold Levels - Free free to change to value of the overbought/oversold levels to change where the green/red shades areas print
Momentum Overbought/Oversold Levels - Free free to change to value of the overbought/oversold levels to change where the green/red shades areas print
Histogram Length - This will not change anything with the signals but I included it so you can change the visuals if it helps you
Momentum Length - This will change where the signals plot
Momentum Signal - This only changes the yellow signal line and nothing else. It's not incorporated into any equation
Average Length - This will change where the signals plot
Alerts
I've set alerts on this indicator for each icon (Oversold, Overbought, Green Diamond, Red Diamond, Rocket, Red Alarm, Moon , Blood Moon). I HIGHLY recommend setting the alerts for Candle Close so that you can be sure the signal is confirmed.
You may notice that the indicator can give multiple signals back-to-back or be overbought/oversold for multiple candles. When this happens, it's best to look at other indicators such as the MFI Pro, MACD, etc to nail the best entry and have confluence with your decision. With that said, having multiple signals back-to-back can also be an indication that the move is close to happening. This indicator works with crypto and stocks as well.
If you have any questions or would like to purchase this indicator, please comment below or PM me. I also made a video tutorial for the indicator on my Youtube channel (link is next to my profile pic)
Be advised past performance is not indicative of future returns. Backtest EVERY timeframe and NEVER blindly take signals! Also, never invest more than you can afford to lose.
Enjoy :)
Adaptive Fisherized KSTIntroduction
Heyo guys, here is a new adaptive fisherized indicator of me.
I applied Inverse Fisher Transform, Ehlers dominant cycle analysis,
smoothing and divergence analysis on the Know Sure Thing (KST) indicator.
Moreover, the indicator doesn't repaint.
Usage
I didn't backtest the indicator, but I recommend the 5–15 min timeframe.
It can be also used on other timeframs, but I have no experience with that.
The indicator has no special filter system, so you need to find an own combo in order to build a trading system.
A trend filter like KAMA or my Adaptive Fisherized Trend Intensity Index could fit well.
If you find a good combo, let me know it in the comments pls.
Signals
Zero Line
KST crossover 0 => Enter Long
KST crossunder 0 => Enter Short
Cross
KST crossover KST MA => Enter Long
KST crossunder KST MA => Enter Short
Cross Filtered
KST crossover KST MA and KST above 0 => Enter Long
KST crossunder KST MA and KST under 0 => Enter Short
KST crossunder 0 => Exit Long
KST crossover 0 => Exit Short
More to read: KST Explanation
Enjoy and let me know your opinion!
--
Credits to
- @tista
- @blackcat1402
- @DasanC
- @cheatcountry
Oscillating Length Moving Averages***CREDIT TO TradingView's TA Library*** (), Attempted to use "import TradingView/ta/4" to import the library, but for whatever reason
some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use.
This moving average uses an oscillator to influence the length used during calculation. Extremely customizable/tunable with ability to change Max and Min length values, length multiplier, length multiple,4 different settings ,( Decline , <>Peak, >Decline , <>Peak, ><Trough
step6:Select Final Filtering method
step7:plot
Divergence and Pivot - Detector For Any IndicatorI present to you an indicator capable of determining the divergence and convergence points for any indicator you choose. It will also determine Pivot points.
All you need to do is add the indicator to your favorites and call it. Next, you need a second indicator for which you want to find divergences or pivots. Next you need choise 'Oscillator Source' section in my indicator, after that you need to choose the name of the indicator for which you want to find divergences . - Done!
Thanks to the developers of TradingView for posting the source code of the "Divergence Indicator" indicator.
Screener _-_ FVVO by SavosRUIt is my first attempt to make SCREENER
Screener by 20 coins to detect Filter of Volatility Oscilator & Volume Threshold
Now - without ALERTS!
But it will be added ASAP...
==================
Это первая моя попытка сделать СКРИНЕР.
Проверяет наличие сигнала всплеска волатильности и объема на 20 монетах.
Монеты - настраиваются.
Алерты - пока отсутствуют, но планируются в будущем.
Band of Filtered RS by Mustafa ÖZVERBand of Filtered RS by Mustafa ÖZVER
This code shows a range (max-min values) price may get if we get strong movements. These values is based on RSI (Relative Strange Index). And also these are calculated using RSI, if we get trades to make rsi is equal to 25 (or rsi down limit) or 75 (rsi up limit) or any value you set, how much will price value get? This code calculate these and shows these to you on graph.
This price are between these band limits because we expect cross reaction to hard movements on price.
For scalping, we can use these values as
long signal when price under down limit,
short signal when price over up limit,
But only these values can not guarantee good results for trading. BE CAREFUL
Signal #1This oscillator calculates the directional strength of the bars using a hydraulic balance mechanism based on a small amount of what I consider a fundamental property of a rod. It does not consider the amplitude of price movement, so can be used as a complement to volume-based oscillators.
This indicator uses simple analysis of past trading volume to determine its support for recent market activity. What I call Volume Buoyancy measures that strength and direction of support.
NOTE
• The command can be used with any symbol timeframe, including seconds.
• Historical values will always produce the same results. During execution, the values will change until the bar closes.
Bộ dao động này tính toán cường độ định hướng của các thanh bằng cách sử dụng cơ chế cân nguyên thủy dựa trên một số lượng nhỏ những gì tôi cho là thuộc tính cơ bản của một thanh. Nó không xem xét biên độ của chuyển động giá, vì vậy có thể được sử dụng như một phần bổ sung cho các bộ dao động dựa trên động lượng.
Chỉ báo này sử dụng phân tích đơn giản về khối lượng giao dịch trong quá khứ để xác định mức độ hỗ trợ của nó đối với hoạt động thị trường gần đây. Cái mà tôi gọi là Độ nổi khối lượng đo lường sức mạnh và hướng của hỗ trợ đó.
LƯU Ý
• Tập lệnh có thể được sử dụng với bất kỳ khung thời gian biểu đồ nào, kể cả giây.
• Các giá trị lịch sử sẽ luôn tạo ra các kết quả giống nhau. Trong thời gian thực, các giá trị sẽ thay đổi cho đến khi thanh đóng lại.
Rate of Change Candle Standardized (ROCCS)ROCCS is a standardized rate of change oscillator with "error bars". Rate of change helps traders gauge momentum in a market by comparing the current price with the price "n" periods ago. What makes this special is you get to see the momentum of the momentum via the candle view. The candle transformation utilizes a moving average to smooth the signal however this is only used for the close price. The high and low prices are not smoothed. The moving average has an adjustable period, and so does the standardization.
I hope you can find great use in this upgraded roc indicator.
Symbol Comparison MACDHow is this different?
This indicator will calculate a MACD between two symbols chosen. As the two symbols price difference grows or shrinks this indicator plots same as MACD and crosses should indicate interesting things with the right symbol selection.
How to use this?
Simply choose a second symbol for comparison or choose two if main chart symbol isn't needed for comparison, the rest of the settings are quite standard to MACD/PPO settings though 14 period signal seems to align better with my intentions.
Which market is it meant for?
Any market, enjoy creating unique combinations and comment any interesting discoveries. I recommend market internals.
What market conditions does this apply to?
Any condition.
TASC 2022.12 Short-Term Continuation And Reversal Signals█ OVERVIEW
TASC's December 2022 edition Traders' Tips includes an article by Barbara Star titled "Short-Term Continuation And Reversal Signals". This is the code that implements the concepts presented in this publication.
█ CONCEPTS
The article takes two classic indicators, the Commodity Channel Index (CCI) and the Directional Movement Indicator (DMI), makes changes to the traditional ways of visualizing their readings, and uses them together to generate potential signals. The author first discusses the benefits of converting the DMI indicator to an oscillator format by subtracting the −DI from the +DI, which is then displayed as a histogram. Next, the author shows how the use of an on-chart visual framework (i.e., choosing the line style and color, coloring price bars, etc.) can help traders interpret the signals produced the considered pair of indicators.
█ CALCULATIONS
The article offers the following signals based on the readings of the DMI and CCI pair, suitable for several types of trades:
• Short-term trend change signals:
A DMI oscillator above zero indicates that prices are in an uptrend. A DMI oscillator below the zero line and falling means that selling pressure is dominating and price is trending down. The sign of the DMI oscillator is indicated by the color of the price bars (which correlates with the color of the DMI histogram). Namely, green, red and grey price bars correspond to the DMI oscillator above, below and equal to zero . Colored price bars and the DMI oscillator make it easy for trend traders to recognize changes in short-term trends.
• Trend continuation signals:
Blue circles appear near the bottom of the oscillator chart border when the DMI is above the zero line and the price is above its simple moving average in an uptrend . Dark red circles appear near the top of the chart in a downtrend when the DMI oscillator is below its zero line and below the 18-period moving average. Trend continuation signals are useful for those looking to add to existing positions, as well as for traders waiting for a pullback after a trend has started.
• Reversal signals:
The CCI signals a reversal to the downside when it breaks out of its +100 and then returns at some point, crossing below the +100 level. This is indicated by a magenta-colored diamond shape near the top the chart. The CCI signals a reversal to the upside when it moves below its −100 level and then at some point comes back to cross above the −100 level. This is indicated by a yellow diamond near the bottom of the chart. Reversal signals offer short-term rallies for countertrend traders as well as for swing traders looking for longer-term moves using the interplay between continuation and reversal signals.
Distance Bands Oscillator_KT █ OVERVIEW
This tool is based on both Bollinger Bands and Keltner Channels, and measures 3 distances between the two, respectively.
Upper Kelt to Upper Bollinger Band
Lower Kelt to Lower Bollinger Band
Kelt Basis to Bollinger Basis Basis
Similar to the Band Width indicator, this can be used as a measure of volatility, and can be used to measure uptrend, downtrend and chop regions on a given chart.
Happy Trading,
ET
Adaptive Fisherized Trend Intensity Index Introduction
Here, I modified the script "Trend Intensity Index" (TII) of @everyget.
TTI was developed by M.H. Pee, who also published other trend analysis indicators like the Trend Trigger/Continuation Factor
It helps to determine how strong the current trend is.
The stronger the trend, the higher the chance the price may continue moving in the current direction.
Features
Adaptive mode (based on Ehlers dominant cycle determination) => automatically determines the length
Inverse Fisher Transform => gives sharper signals
Customizable MA Types => discover the impact of different ma bases
Hann Window and NET smoothing => state-of-the-art smoothing
Trend Visualization => shows you the up/down/side trend
Usage
This indicator here offers a perfect trend filtering system. It is capable of up/down/side trend detection.
There are a lot of trend indicators which don't respect sidetrends, which makes this indicator pretty useful.
A lot of traders use trend-following trading systems.
A trader will usually make his/her entry in the market during a strong trend and ride it, until the TII provides an indication of a reversal.
For mean-revertive trading systems, you could use TII to just trade in side trend.
A lot of mean-revertive signal emitters like Bollinger Bands or RSI work most of the times better in side trend.
Furthermore, every timeframe could be used, but higher timeframes have more impact because trends are stronger there.
Signals
Green zone (Top) => Etablished bullish trend
"Peachy" Zone (Middle) => Sidetrend/flat market
Red Zone (Bottom) => Etablished bearish trend
Enjoy guys!
(Let me know your opinions!)
--
Credits to:
@blackcat1402
@DasanC
@cheatcountry
@everget
Adaptive Fisherized CMFIntroduction
Heyo, here I made a normalized Chaikin Money Flow (CMF) indicator with Inverse Fisher Transform (IFT) and some smoothing techniques.
I had to normalize the indicator in order to fit it to the IFT range (-1 -> 1).
Moreover, the good old adaptive mode is also included in this indicator. It uses Ehlers superb dominant cycle techniques.
It also has divergence detection, several options for individualisation and doesn't repaint.
Usage
www.investopedia.com
Signals
CMF above 0 => bullish market
CMF below 0 => bearish market
(You can also use the inner bands instead of the zero line, to make these signals more precise)
Bullish regular/hidden divergence => long
Bearish regular/hidden divergence => short
Enjoy guys!
PS: I really would like to hear some feedback of you.
Divergence Finder [Multigrain]█ OVERVIEW
This indicator is a divergence finder, designed to be overlayed on top of any oscillator. By utilizing an Exponential Moving Average, rather than built-in pivot functions, this allows for insignificant pivots of the oscillator to be filtered out. Additionally, by sampling more than just the previous oscillator pivot, this allows for divergences to be found that would otherwise be overlooked through other methods.
█ CONCEPTS
Interim Price Threshold
A new metric used when determining valid divergences is the Interim Price Threshold (IPT). The IPT is the maximum percent delta the price is allowed to "poke-through" the divergent line at any given time.
Interim Oscillator Threshold
Similar to the Interim Price Threshold, the Interim Oscillator Threshold (IOT) is the maximum percent delta the oscillator is allowed to "poke-through" the divergent line at any given time.
Dynamic Midline
Commonly a static midline is utilized when determining whether a divergence may be bullish or bearish. By utilizing the built-in percentile nearest rank function, the midline is automatically and dynamically determined based on the previous 250 bars. As a result certain divergences which may otherwise be overlooked will be discovered.
█ SETTINGS
Oscillator Source: The oscillator in which you want find divergences from. Default to a MACD oscillator when unchanged.
Price Source: The price source in which you want to find divergences from.
Moving Average Length: The length of the exponential moving average used when determining the pivot points of the selected oscillator.
█ USAGES
Divergence in technical analysis can indicate a significant bullish or bearish price move. A bullish divergence occurs when an asset's price makes a new low while an indicator begins to rise. A bearish divergence occurs when the price makes a new high but the indicator under consideration makes a lower high.
Stochastic Smooth Relative Strength Index (SSRSI)This is Stochastic RSI but it uses smoothed RSI instead. You use it the same as any other Stochastic RSI :)
The features in this scripts are: RSI Length, Extra Smoothing, Extra Smooth RSI Filter, Stochastic Length, and K and D.
I hope you find this release useful!
The Stochastic RSI indicator ( Stoch RSI ) is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user defined period of time. The Stochastic RSI is an oscillator that calculates a value between 0 and 1 which is then plotted as a line. This indicator is primarily used for identifying overbought and oversold conditions.
Stochastic Moving Average Delta Oscillator (SMADO)This is an interesting take on the stochastic oscillator. What I have done here is I've taken the cumulative sum of the deltas of all the simple moving averages from 1 to 200 and summed them. Next I transform this into a stochastic oscillator with ta.stoch. The point of this is to show you trends, tops and bottoms. I hope you find this indicator as interesting as I did. Please enjoy!
The Feature include: Stochastic Window, Number of MA's to check, General Smoothing, and Direction Indication.
Divergence Backtester - V2Further attempts to study divergence impact on price in shorter terms.
Previous study can be found here:
In this script, we are trying to gather the stats based on last two pivot state together. For example, Individual table of Pivot High Projection is as explained below:
But, by looking at the bigger picture, we can further estimate following things regarding the current unconfirmed pivot and the new pivot which is yet to be formed.
Public Sentiment Oscillator This is a combination of 9 common use indicators turned into on single oscillator. These indicators are: 200 day moving average cross, 9/12 ema cross, 13/48 sma cross, rsi, stochastic, mfi, cci, macd, and open close trend. I have weighted the scores to be pretty even so that its balances each indicator in the sum. Because of the odd number of indicators, I have decided to normalized the score to 10. I think this has the effect of making it easier to read.
The score definition: oc_trend > 0 ? 1 : 0, fast_e > slow_e ? 1 : 0, fast_s > slow_s ? 1 : 0, rsi < 30 ? 0 : rsi > 30 and rsi < 70 ? 0.5 : rsi > 70 ? 1 : 0, macd1 > macd2 ? 0.5 : macd1 < macd2 ? 0 : 0, (hist >=0 ? (hist < hist ? 0.5 : 0.25) : (hist < hist ? 0.25 : 0)), stoch < 20 ? 0 : stoch > 20 and stoch < 80 ? 0.5 : stoch > 80 ? 1 : 0, source > ma200 ? 1 : ex <= ma200 ? 0 : 0, mfi < 20 ? 0 : mfi > 20 and mfi < 80 ? 0.5 : mfi > 80 ? 1 : 0, cci < -100 ? 0 : cci > -100 and cci < 100 ? 0.5 : cci > 100 ? 1 : 0
I hope you find this useful in your trades. Enjoy!
