Forex-&-Day-Sessions-By Blackwolf for FOREX.COM 00:00-24:00 v2.0Script for Broker FOREX.COM for the correct midnight hour
It shows a vertical line at midnight of every day.
It also marks with different colors three daily sessions: Asia, Europe and America
The time zone is for Rome
Script da utilizzare con broker FOREX.COM per la correttezza e la corrispondenza automatica della mezzanotte
Lo script segna automaticamente delle linee verticali in corrispondenza della mezzanotte dal lunedì al venerdì in modo da definire chiaramente l'inizio e la fine della giornata.
Inoltre le sessioni di trading giornaliere Asia, Europa, America vengono evidenziate con delle fasce colorate per definire le diverse sessioni di mercato.
Lo script ha come orario di base il fuso West America ed è già stato preimpostato per avere la corrispondenza esatta con l'orario di Roma (US 18.00 = Roma 00.00)
Range
Daily Max & Min for Bitfinex by BlackwolfThis script shows the min and max price level of each day. It can be used also for support and resistance level.
Lo script mostra il prezzo massimo e minimo raggiunto nelle 24 ore. può essere utilizzato come idea per supporti e resistenze
2pm_3pm_4pm GBPUSD TARI PRIVATEFX:GBPUSD
This strategy is only for GBPUSD on 1h chart.
You can get maximum 1 signal per day, so you have to watch the chart only a few minutes per day.
The signal to buy or to sell will apper at 2pm or at 3pm or at 4pm UCT+2 (Rome).
With the signal you will see 2 lines to set Take Profit and Stop loss.
If the position doesn't reach the TP or the SL you have to close the position at 1pm of the day after (TP and SL change to exit_trade)
The idea behind this strategy is to gain because of the afternoon volatility for this pair.
You can modify the amount to invest.
The standard version is set for a initial capital to invest on this strategy of 1.000 USD, and every trade is set to invest around 4,5% of the initial capiatl, so the SL is around 45 USD. This is very important for the Risk Management, and has a Risk/Reward ratio around 2.
Looking at the equity line we see a profit almost 3 times the initial capital, and a DD of 1 third of it.
To use this strategy subscribe at 40€/month. Find more on my FB page.
Wish you the best guys!
Tari.
Gap finder (gold minds)This tool highlights where gaps happens and outlines in the chart where the gap zones are. If there is a gap up there is a green line, a gap down it is red. The gap zone is highlighted in blue. You can choose the size of your gap with the input menu to the desired size. Feel free to ask comment below. Made for the Gold Minds group
%ATR - TCTAThe enhanced version of %ATR of "codermua"
The %ATR calculated by EMA(red) , SMA(purple) and WMA(yellow) added to existing indicator which include only RMA(blue) calculation.
Range Action Verification Index (RAVI)Range Action Verification Index (RAVI) indicator script. This indicator was originally developed by Tushar Chande (see his book "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System").
True Rolling Pivot Range IndicatorHere is the actual 3 day rolling pivot range indicator as detailed in Mark Fisher's book The Logical Trader.
Day25RangeDay25Range(1) - Plot on the candle the 25% low range of the daily price. This helps to show when the current price is at or below the 25% price range of the day. Best when used with other indicators to show early wakening strength in price. On the attached chart, if you look at Jan 23, 2018 you will see a red candle that closed below the 25% mark of the trading day. For that day the 25% mark was at 38.66 and the close of the day was at 38.25 That indicators a potential start of a strong swing trade down. A second signal was given on Jan 25, 2018 when a red candle closed (37.25) below the 25% mark (38.08) again. Within the next few days a third weak indicator signaled on Jan 30,2018 with a close (35.88) below the Day25Range (37.46). price continued down from there for the next 4 days before starting to reverse. If the price closes below the 25% daily range as shown on the Day25Range(1) indicator, this could indicate a possible start of weakening in the price movement.
Day25RangeDay25Range(1) - I use this indicator to show where the lower 25% daily range of a stock is. This helps to show weakness in a stock during the trading day. I use this indicator with a CIRCLE or DOT plotted on the candle. Makes it easy to show weakness during the trading day.
Day75RangeDay75Range(1) use to plot the 75% range of a trading day. I use a CIRCLE or DOT to indict the 75% range of the trading day.
SL/TP assistantThis is a simple script to quickly see changes in % in each candle.
In blue open/close variation. In red Histogram with range between high and low.
This helps me understand very quickly what's the typical change in % for a specific timeframe/pair, so I can fine tune my Stop Losses and Take Profits.
Volume Weighted Average Range Bands [DW]This is an experimental study designed to identify the underlying trend bias and volatility of an instrument over any custom interval TradingView supports.
First, reset points are established at points where the opening price of the interval changes.
Next, Volume Weighted Average Price (VWAP) is calculated. It is the cumulative sum of typical price times volume divided by the cumulative volume. The cumulation starts over upon each reset point.
After that, Volume Weighted Average Range (VWAR) is calculated. The formula structure is the same as VWAP, except using range rather than typical price.
Lastly, the bands are calculated by multiplying the VWAR by the specified multiplier (approximate Golden Ratio by default) and by 1 through 5, then adding to and subtracting from the VWAP.
Custom Bar Colors are included.
Renko Price Bars Overlay// Shows the price renko bars (or range bars) instead of the PERIOD renko
// bars that are integrated into Trading View. The normal renko bars that
// Trading View offers only consider the drawing of a new brick when the
// price closes above or below the required brick size. This can produce
// misleading charts since depending on the time interval of a chart, new
// bricks may or may not be drawn. True price renko bars will draw a new
// brick immediately upon the price exceeding the next target brick size.
// When running this script in "Traditional" mode, the painting of the
// brick overlay band is INDEPENDENT of the chart interval. If price
// exceeds the required target price for the next brick, the band is
// updated immediately, instead of waiting for the price bar on the chart
// interval to close first. The brick starting anchor point will attempt
// to be a "nice number" at a round interval for the chart ticker. For
// example, if viewing EURUSD with the box size equal to 50 ticks/pips,
// the open and close prices will take the form of 1.2100, 1.2150, 1.2200,
// 1.2250, and so on. This is the same behavior as the normal traditional
// Renko bars in Trading View and other major trading platforms such as
// Meta Trader.
// Use the tick size in traditional mode to specify the block size, in
// ticks. This may give interesting results in FOREX pairs... as the tick
// size in Trading View may be 0.00001 instead of the normal pip size of
// 0.0001, so a 10 pip block size may be '100', and not the expected '10'.
// FOREX futures should work in the manner expected, a 10 pip block size
// will indeed equal 0.0010.
// The "ATR" mode functions differently than the Trading View built in
// version. The block size is updated each time the range is exceeded.
// In Trading View, when using the ATR mode, the ATR is the last ATR
// value calculated on the ENTIRE data interval, and is applied to all
// past data. You can see this when you press the '+' sign of the ticker
// in the top left of the chart window and you will see the brick size
// as a constant, the brick size is not a function of the ever changing
// ATR value of the price action. The block size of this script is not
// updated for each price candle (i.e. each 1HR on a 1HR chart), instead
// it is updated only when the price thresholds are exceeded requiring a
// the band to be updated. At that point the current ATR is considered
// and the brick size is updated.
// Options exist to show the current high and low of the brick, and to
// show the required levels that the price must exceed to draw a new
// brick and update the band.
Please leave comments if you notice any bugs or would like any new features added. I don't find much use for plotting the H/L of the current renko candle, but I have seen some request it in the past.
Cheers.
LFOM IndexThe ultimate Momentum Oscillator!
The ticker line act as a common momentum oscillator. When it's orange, the trustability of the overbought/oversold condition is greater.
The thiner line is made to be used on range moments, such as squares or envelopes.
The background collors indicates good moments to buy (green) or sell (red) - the signal is triggered in the very moment that the background color appears.
How to use:
!!!!! DON'T SELL ON STRONG BULL TRENDS AND DON'T BUY ON STRONG BEAR TRENDS!!
When facing a extremely strong bull market, overbought areas must be used as signs to take profits, not points to enter conter positions. The same rule applies to strong bear markets, in which the oversold areas indicates good points to cover position.
MgGinley Dynamic Divergence [DW]This is an experimental study designed to visualize momentum and average range by expressing divergences between price and a McGinley Dynamic as a percentage.
How To Set Backtest Date RangeExample how to select and set date range window to be backtested. Normally when you change chart period it changes the number of days being backtested which means as you increas the chart period (for example from 5min to 15min) you also increase the number of days traded, so you can not compare apples to apples for which period would yield best returns for your strategy. Now you can. Incorporate this code replacing buy and sell with your strategy, then simply input the From and To dates in Format -> Inputs, and then change the chart period to view updated results.
NOTE: There is a limit in backtesting to 2000 orders, so please be aware of this when setting your date ranges. If you set your range too high, you may be exceeding this limit on some periods and not on others, so this would yield incorrect comparison of returns per period. If you see in your backtesting results that you are nearing this limit for one of your periods you are testing, then reduce the date range to a smaller number of days.
Enjoy!
(Thanks to @Gesundheit "Adeel" for pointing me in the right direction on this!)
ATR True Range - Multi Timeframe - BonavestTo add this indicator to your charts:
Click the 'Add to Favorite Scripts' button down below this description.
This simple indicator is merely for displaying mulitple ATR ranges at a glance on one chart.
SETTINGS
Each ATR is completely configurable:
Length - to base the ATR on
Timeframe - 'Chart' uses the current chart resolution; other timeframes are available on pull downs
Multiplier - Each ATR can use a multiplier to be able to show multiples or fractions of the full ATR. (i.e. 85=85%, 150=150%)
Dark Theme - Default colors for black or dark backgrounds
I use this indicator for:
Determining price ranges
Setting stop losses and take profit levels
Average Daily Range - without open barBasic ADR-indicator that is showing the daily range on lower timeframes as well, without using the current open daily bar for calculation.
Also plots as line in a separate indicator window. Updates displayed value when hovering over the candles on the chart to see historical Numbers.
Average True Range - without open barBasic ATR without the current open bar in progress, it calculates the closed bars within the chosen ATR Period
MTF Previous Open/Close/RangeThis indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels.
The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart.
Otherwise you can select manually.
Indicator plots the open/close and colors the high-low range area in the background.
Hope this simple indicator will help you !
You can check my indicators via my TradingView's Profile : @PRO_Indicators
