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Priceaction

[blackcat] L1 Stochastic J Price Action OscillatorLevel: 1 Background The KDJ oscillator display consists of 3 lines (K, D and J - hence the name of the display) and 2 levels. K and D are the same lines you see when using the stochastic oscillator. The J line in turn represents the deviation of the D value from the K value. The convergence of these lines indicates new trading opportunities. Just like the Stochastic Oscillator, oversold and overbought levels correspond to the times when the trend is likely to reverse. Function L1 Stochastic J Price Action Oscillator with Long Strength Indicator use stochastic KDJ signal as input source and it combines with price action algorithm to form a brand-new oscillator which have less noise signal with a long signal strength indicator so as to alleviate inherent KDJ saturation issue. Key Signal cond --> buy signal condition from KDJ j value deduction fastline --> fast line of new oscillator slowline --> slow line of new oscillator Pros and Cons Pros: 1. it takes over KDJ's advantages 2. it can greatly reduce KDJ saturation issue Cons: 1. no short entry signal is derived. 2. only long signal strength indicator is disclosed Remarks An improved version of KDJ with less satration observed. Readme In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts. The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works. Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element. Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level. Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated. Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop. Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Penunjuk Pine Script®
oleh blackcat1402
7
DePriExchange weighted price for cryptocurrencies DECENTRALIZED PRICE CHART FOR DECENTRALIZED WORLD See non-manipulated , globally price action that comes from whole liquidity! The main idea behind this script is that... The value of each trading pair finally determined globally and the price displayed in exchanges is its own and not global! differences between exchanges, reduced to near zero gradually by market makers and arbitrages, so.. Every min tick price changes Must be backed by liquidity to be part of the global fluctuations more liquidity gives it more credibility more credibility give it more weight ..Against opposing movements. This script can collect price of crypto pairs from 12 exchanges that listed on TV and have effective volume. In the first step, summarizes the volume of all exchanges and creates the total volume In the next step, divide each exchange volume to total volume to obtain relative weight of each exchange. In the final step, multiply each exchange price to weight of itself and summarizes these numbers .. now, we have Exchange weighted price! The results on high liquidity pairs like BTCUSDT, ETHUSDT, is not much differ then simple chart but when you apply it on lower liquidity, lower time frames of altcoins, you realize its benefits and usefulness. Altcoins chart in composite and simple mode is very differ, I hope you enjoy from TRUE CHART. With this, also you can.. Filter and smooth candlestick chart with SMA or EMA Plot a line chart of pair at your desired frame separate from the main chart for monitor important price levels Get realtime report of whole volume of pair on included exchanges Get realtime report of each exchange weight and share Note.1: some of pairs queted on more than one like BTCUSD, BTCUSDT, BTCUSDC and etc. In this pairs we choose the one that usually has more volume on that exchange. Note.2: At this time, supported queted currencies are BTC, ETH, USD, USDT, BUSD, USDC, USDK. Note.3: This script is relatively heavy! This is not cuz of bad coding. Each bar compution contains at least one plot and some of security calls, so 10 to 15 seconds is normal load time. Note.4: You can combine this with your price action base scripts and use balanced OHLCV. The necessary explanations about this are available in the code. Note.5: You must only include exchanges that support your ticker, Otherwise you will receive an error. I hope it comes useful to you.
Penunjuk Pine Script®
oleh Algorca
3
BANKNIFTY - PRICE ACTION TRADING SYSTEM (BackTestable + Alerts)This study is based on several Price Action parameters of :- • Candle Pattern, • Supply Demands, • Support and Resistance , • Breakouts. ► How To Use This Study ? • Suitable Trade Session for this study 10:15 AM to 02:30 PM ( UTC +05:30) • Buy Whenever a Up Arrow Appears on Chart with text "TYPE: LE". • Sell Whenever a Down Arrow Appears on Chart with text "TYPE: SE". • Exit Buy Whenever a Down Arrow Appears with text "TYPE: LX" After A Buy call and Exit Sell Whenever a up Arrow Appears with text "TYPE: SX" After A Sell Call. • Take Only 1 trade Per Trading Session. Backtest Values Used:- Initial Capital : 1000000 Order Size (Lots) : 1 (Contract) Lots Pyramiding : 0 orders Commission : 0.001% Test Yourself and give feedback. PM us to obtain access.
Strategi Pine Script®
oleh Algonize
19
Angle & Price FlowThis is a simple end of the day indicator based on open and close values. Angles: Identifying narrow angles helps to find breakouts Maximum angle = High chance of reversal Minimum angle = Chance of breakouts on the next day or upcoming days. Price Flow: I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using rounding bottoms and rounding top patterns, sharp corners for reversals. Features: Multi time frame Labels Hide previous period Combine it with other indicators for better result.
Penunjuk Pine Script®
oleh Arun_K_Bhaskar
11
Angle & Price FlowThis is a simple end of the day indicator based on open and close values. Angles: Identifying narrow angles helps to find breakouts Maximum angle = High chance of reversal Minimum angle = Chance of breakouts on the next day or upcoming days. Price Flow: I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using rounding bottoms and rounding top patterns, sharp corners for reversals. Features: Multi time frame Labels Hide previous period Combine it with other indicators for better result.
Penunjuk Pine Script®
oleh Arun_K_Bhaskar
2
RANGE IDENTIFIER [ASHUTOSH]This script is for intraday purpose and mainly for index traders. It works well on 3/5 min time frame. Script provides VIP( very important pivot) level and one support and resistance. It's ideal for price action traders trading breakouts and mean reversion. It is built on true range. It can be customized as per the traders requirement. True range is on daily time period. Divisor will decide the broadness of the range. Bigger the divisor narrower the range.
Penunjuk Pine Script®
oleh SniperTrades
3
Price breaksThis indicator displays the High/Low/Close of the previous day/week/month as horizontal lines. Of course, everything is configurable but to keep it simple and non-intrusive it only displays: month's H/L/C levels on D time frame (drawn as circles) week's levels on 4h (as crosses) day's levels on 1h (as line) These levels act as support / resistance over and over again, see current (08/24/2020) BTCUSD chart, the previous month's close (blue circles) did act as support and held on 08/11, also prev month's high (red circles) was not broken on 08/21. Once these levels break we might see lower prices but so far both of them act as good support to consider.
Penunjuk Pine Script®
oleh icostan
4
Super Indicator ver 1.0This indicator determines the strength of the price movement by taking into consideration Relative Strength, Exponential Moving Average & Moving Average with customized settings Time Frame:- Can be used on any time frame BUY:- A buy call is generated when the Moving Average line cross below the RSI & EMA line SELL:- A sell call is generated when the Moving Average line cross above the RSI & EMA line. The further the MA line is from RSI & EMA line, the more is the strength of the signal.
Penunjuk Pine Script®
oleh papai_001
31
New Age PivotsHere I'm proposing possibly the simplest and most relevant pivot style for intraday traders like me. It utilizes fundamentals of the average range and devises S/R around that. Pivot point in this is today's open (colored lime), which is far more relevant than yesterday's/past data based pivots. This is an attempt to reduce the influence of historical data as much as possible, as traders grow in their experience and skill, this becomes the newest and most successful methodology to stay profitable over the long run. Just my pov. This is purely for educational purposes, no past performance be it visual or mathematical is a guarantee of success in the future. Use it at your own discretion. The author takes no responsibility of your individual profit or loss. Also, the script will be checked protected for protection against theft, however, you can use it by adding to your favorites. I've added the ability to hide and view historical S/R as well, it looks best when your chart is clutter-free. Enjoy~
Penunjuk Pine Script®
oleh Pratik_4Clover
1
1337PAThis script looks at % moves and uses z-scoring to highlight bars that are statistically significant in either direction. The output columns values represent % moves within a trading period on an asset. The colors are explained below: Lime - Significant Bright red - Significant Transparent lime - normal Transparent red - normal White - low % It then uses a lookback function for a user-defined window and calculates the average % move on bullish bars and bearish bars. When the average % move in the bullish direction over the lookback window becomes greater than the average % move in the bearish direction over the lookback window, it will highlight the background either green or red, signifying a trend in price. It's a fantastic indicator to use in conjunction with , which does similar things but for volume . You can spot disparities in volume / price action and use that to inform trading decisions... for instance, a statistically significant volume day but a low significant PA day could provide some insight into the market. You can also use the background (trend direction) in conjunction with the obv printout on 1337-Volume as multiple points of confirmation for trade decisions... i.e., volume and price action trend logic points to bearish or bullish outcome... or maybe price action is leaning bullish but volume suggests otherwise... Enjoy!
Penunjuk Pine Script®
oleh LARP_Capital
2
Advance strategy for trading and scalping for Crypto / Forex Hello traders , here i am introducing my strategy with updated features. It provide signals for entering in the market and signal for exit. Signal for opening short / sale position is when Price drop bellow the yellow line of the Indicator ( Price action ) and same time the red line of the Indicator Momentum Action is dropping . Additional confirmation is if the price goes bellow MAMA line as well ( Violet colour on the chart ) For open buy/long position we need to see break over the Price action indicator ( Yellow line ) and same time the red line of Momentum indicator must goes over 0 level of the bottom chart. The rule currently use 2 bars difference from break of price indicator or break of momentum level 0 , so the indicator will show long/short if the break of both points is within 2 bars . I can suggest entering on H1 or H3/H4 time frames as on lower frames more noise . I have added few more filters for more clear signals and higher win rate .  Added are MAMA ( The Mesa Adapter Moving Average by John Ehlers ) and FAMA ( Following Adaptive Moving Average )  Additional filter for monitoring Higher Time Frame Time frame position of the Momentum indicator .  For Example if we are watching basically at H1 time frame we can set HTF Filter Period to monitor 4 hours time frame and once we have same direction signals we will have confirmation . ( Moving Action indicator is same way in H1 and H4 ) .  Alerts can be set once signal appear you can be notified accordingly so you dont miss any trades  As before strongly suggest using Momentum Action Indicator on the chart .  Free trial period 15 days is available for all users who want to try the strategy , please contact me via personal message if you want to receive a trial period or for more information. Thank you.
Penunjuk Pine Script®
oleh BTCGain
2
00,25,50,75,00 - RND/LVL00,25,50,75,00 - RND/LVL This concept is very simple.. Use round numbers as support and resistance, target the (.25 - .50 - .75) levels for take profit.. Basically, the rounds numbers are high liquidity zone (psychological and banks levels) You can clearly see the price moving between those zones. Recommanded timeframe : M30-H1-H4 (M15-M30) for entry.. I usually look at rejection at those levels for short or buy depend of the context. You can place SL on the next .25 pips over the hard round numbers resistance-support. Good Luck and if you have any comments, write bellow. Thanks! Here some example :
Penunjuk Pine Script®
oleh FX4_LIVING
8
Magic BandThis indicator can help you to understand the current trend and help you to take an entry, If your analysis looks good to go for long entry, check that where is your candle based on this indicator,If the candle is above the indicator it is goo to go for long and if it is bellow the indicator it is good to go for short. More than that the candle is closing strong above the indicator after crossing the indicator , then it is a good sign to take a long position. Similarly if the candle close strongly bellow the indicator after crossing the indicator then it is good to go for short position. Use the indicator with other indicators or your analysis. Please contact me for more details.
Penunjuk Pine Script®
oleh shijithlal
2
Price Action - Level/Zone (Expo)Price Action - Level/Zone (Expo) indicator identifies buying and selling pressure that has an impact on the price movement. This is visualized by a Zone, or Levels or with Barcolors depending on which settings are used. Depending on the selected settings the indicator can identify buying and selling pressure which pushes the price further in the trend direction and it can show exhausted buyers/sellers which is seen in reversal points. HOW TO USE 1. Use the indicator to identify buying and selling pressure. 2. Use the indicator to identify exhausted buyers and sellers. 3. Use the indicator to identify reversal points, pullbacks, or trend shifts. 4. Use the indicator to buy/short-sell breakouts of the zones. 5. Use the indicator to buy/short-sell when the price re-test the zones. -> Try the indicator on Heikin Ashi Candles , but it works as good at any type of candlestick, bars, Renko, or line break. INDICATOR IN ACTION 4 hour chart 4 hour chart I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Penunjuk Pine Script®
oleh Zeiierman
6
Price action Momentum Level/Zone (Expo) Price action Momentum Levels/Zones (Expo) indicator identifies relatively stronger Up and Down Momentum. This is visualized by a Zone, or Levels or with Barcolors depending on which settings are used. When the market has relatively stronger momentum it can be a sign that the sellers or buyers are exhausted and the market has to pause, make a pullback, or make a trend shift. HOW TO USE 1. Use the indicator to identify relatively stronger momentum. 2. Use the indicator to identify pullbacks or trend shifts. 3. Use the indicator to buy/short-sell breakouts of the zones. 4. Use the indicator to buy/short-sell when the price re-test the zones. INDICATOR IN ACTION 4 hour chart I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Penunjuk Pine Script®
oleh Zeiierman
10
[astropark] Engulfing that mattersDear Followers, today a new Price Action Tool , the "Engulfing that matters" . Everybody knows the importance of engulfing to find 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 engulfing matters ! And this tool will filter them for you. This indicator works on every timeframe (eg. 5m, 15m, 30m, 1h, 2h, 4h, 6h, 1D, ...) 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 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 Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator, so you can easily spot important points where to start a short or a long trade. Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator Here below some examples on how to use the indicator. BTCUSDT 1D ETHUSDT 1h BNBBTC 4h EURUSD 30m GBPUSD 5m TSLA 1D FB 4h XAUUSD 4h XAGUSD 15m Brent Oil 1D Here below an example of suggested entries on stoploss
Penunjuk Pine Script®
oleh astropark
2
UCS_Price Action Normalized VolatilityFor Stock, Futures and Forex traders this may not be a replacement for MACD . But for an Option Trader, this would make sense 1000 times. So, What is this? This is the MACD for OPTIONS traders, remove the smoothness and adjust for volatility . Thats all it is. Why is it important? No one, ABSOLUTELY no one should be buying options in high volatility period for a long haul. So, this indicator takes that out of your guess work and only spits out price movement with relation to volatility . You can use this exactly like a MACD for any options ( aka , volatility driven market). Few things I have added, since I created and used it privately. 1. Chop Zone - Trade the Extremes of any Product 2. Buyers Zone - Shorts reconsider 3. Sellers Zone - Longs reconsider Why did I create this? Volatility dictates the market movement. That is an indepth conversation. If you are curious you can research on how shorts are squeezed, what are market makers obligations, how they maintain profitability. How NITE got burned, are some starting point for your own research. So, if you are an options trader, I highly recommend to use this/test it and share your thoughts and how you use it. - Good Luck Everyone.
Penunjuk Pine Script®
oleh UDAY_C_Santhakumar
23