TrendRibbonThis simple indicator is my first script in Pine Editor, it helps you predict reversal points and establish the trend direction based on where the price is in the MA ribbon
These are its features:
- Bar color changes based on trend direction
- Rev signal is placed when the price should reverse
- A Moving average ribbon is plotted on the chart
How to use it?
A. When the price is below the red line then it's a downtrend
B. When the price is above the red line then it's an uptrend
C. Using the "rev" signals to support your analysis and forecasts
Ribbon
Volume Weighted ALMA RibbonsVolume weighted version of ALMA Ribbons script found here
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If you find it useful please consider a tip/donation to the rumpy liquidation recovery fund : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
unRekt Multi 'Type' MA+unRekt Moving Averages with Mutliple MA Types, Guppy, Ribbons and Trendline.
This script has 8 Adjustable Moving Averages that default to 8, 13, 21, 34, 55, 100, 200, 300.
Select what type of moving average you want to use including; EMA, SMA, WMA, VWMA, SMMA, DEMA, TEMA, HullMA, SSMA, ZEMA, TMA
All options can be turned on or off using input switch:
Trendline will show current trend based on price.
MA Ribbons have 9 MA's.
Guppy option is designed to be used with MA Ribbon.
Fib EMA RibbonPretty weird and experimental fibonacci ribbon overlay, for visual use and fun only at the moment. Will update the script if i think of any other ways to use it, ideas welcome.
Meant for use with Heikin Ashi candles.
Biffy
NTOP - Trend OverlayNTOP is a collection of trend-following tools show short and long term trends.
Since NTOP is the antithesis of VFAP, all the components are based on trend and and complement each other to give a full picture. NTOP produces signals that give both entries and exits on any timeframe. Options to configure are showing/hiding which signals you prefer and OB/OS sensitivity; there are no adjustments that need to be made as this indicator is made to be as simple as possible.
Signal Line: long term, good for determining if a winning position should be exited if it's going in the wrong direction
Ribbon: short/medium/long term, great for entering and adding to position
Bull/Bear Signals in the form of text: specific price points where the trend is overextended or confirmed
Bar Coloring: Two main colors, blue and red, to visualize trend, with a dark color to show interim price movements that may retrace
A list of my indicators and pricing: medium.com
1 minute:
30 minute:
Daily:
Monthly:
Visita Interiora Terrae Rectificando Invenies Occultum Lapidem
Moving average ribbon with trade signals.
The indicator is simple to use and implements a powerful strategy that will be used for future iterations of V.I.T.R.I.O.L.
This indicator works best on 1hr to 4hr time frames
This Indicator was designed for FOREX but can be applied to other markets as well.
1) Set your chart to use Heikin Ashi candles
2) When a "Open Long" or "Open Short" signal is generated wait for it to lock in at the close of the candlestick.
3) If the THICK MA matches the same color as the signal generated AFTER the candlestick closes then there is a higher chance of accuracy.
4) The Ribbon Helps determine reversals in the market as well as the overall trend. You can use this indicator in "buy the dip" and "sell the peak" trends.
In the inputs tab you can toggle between a EMA ribbon and a RMA ribbon.
RMA is a moving average used in RSI. It is the exponentially weighted moving average with alpha = 1 / length.
12 SMA Ribbon -30d(50,100,200)This ribbon uses SMA of 12 inputs for traders mainly trading stocks.
A market is assumed to have 30 working days in a month
Author: O.A.
12 SMA Ribbon - 22dThis ribbon uses sMA of 12 inputs for traders mainly trading stocks. A market is assumed to have 22 working days in a month
Author: O.A.
12 WMA Ribbon -30d(50,100,200)This ribbon uses WMA of 12 inputs for traders.
A market is assumed to have 30 working days in a month
50, 100, and 200 day averages are included.
Author: O.A.
12 WMA Ribbon This ribbon uses WMA of 12 inputs for traders mainly trading stocks. A market is assumed to have 22 working days in a month
Author: O.A.
Neo Triple Ribbon [NeoButane]A collection of three ribbons that have designated uses:
Baby: follows price action quickly
Strong: creates a support/resistance area
Follower: follows trend momentum for sentiment bias, considerably slower with an option to quicken it
The moving averages were made unique by myself, so you won't get them anywhere else. The exception is the current iteration's Follower, which is the McGinley Dynamic.
TTM Squeeze RibbonTTM created to show multiple timeframes at once. Have updated the graphics to be a bit more simple than previous versions.
The idea is that fast lines cross slow lines to give a more detailed picture. The TTM is also 12x slowe than regular TTM, so 2h candles on this TTM is is equal to 24h candles on regular TTM
It is made up of 6 components.
1: The "Momentum" Ribbon, the teal and pink line is like the regular TTM momentum except it is made of two momentums, one faster than the other that cross each other. When the fast is above the slow the outline is blue, when the fast is below the slow the outline is red.
2: The "Acceleration" Ribbon, the Green and Purple line that shows if acceleration is positive or negative. eg when Acceleration crosses 0, it means Momentum is switching from Postive to Negative.
Think of a car going from 0 to 100 to 0 mph. Momentum and Acceleration will start from 0. The acceleration will be positive until Car reaches 100, when the Acceleration will go back to 0 (car is not accelerating any more).
Acceleration will now be negative while going from 100 to 0, when car reaches 0 mph and stops, Acceleration will go from negative back to 0 aswell.
Acceleration line LEADS Momentum.
3: Background Momentum Ribbon, this shows Momentums on timeframes slower than main Momentum Line.
4:The Red/Yellow Middle Line, this is hard to explain, but it is a Momentum Line that is average of all Momentum Lines, it will slowly rise/fall but can change direction sharply. When it goes from Red to Yellow this indicates a large amount of fast Momemtums have crossed the Slower Momentums and good for indicating Bottom or Tops of moves, and Convergences/Divergences with price
5: Yellow/Gold pump band. This is Bollinger Band Applyed to the Red/Yellow line and shows Volatility very well even though it is unconventional use for the BB.
6: Classic squeeze dots. Small black dot is squeeze, larger dots show squeezes on 2x, 4x, and 8x timeframes aswell
This indicator is meant as a reference to be used with normal TA (Levels etc) and not designed to be an algorithm you can use to blindly fomo smash Long/Short.
Enjoy
-furby
MA Study: Different Types and More [NeoButane]A study of moving averages that utilizes different tricks I've learned to optimize them. Included is Bollinger Bands, Guppy (GMMA) and Super Guppy.
The method used to make it MtF should be more precise and smoother than regular MtF methods that use the security function. For intraday timeframes, each number represents each hour, with 24 equal to 1 day. For daily, 3 is 3 day, for weekly, 4 is the 4 weekly, etc. If you're on a higher timeframe than the one selected, the length will not change.
Log-space is used to make calculations work on many cryptos. The rules for color changing Guppy is changed to make it not as choppy on MAs other than EMA. Note that length does not affect SWMA and VWAP and source does not affect VWAP.
A short summary of each moving average can be found here: medium.com
List of included MAs:
ALMA: Arnaud Legoux
Double EMA
EMA: Exponential
Hull MA
KAMA: Kaufman Adaptive
Linear Regression Curve
LSMA: Least Squares
SMA: Simple
SMMA/RMA: Smoothed/Running
SWMA: Symm. Weighted
TMA: Triangular
Triple EMA
VWMA: Volume Weighted
WMA: Weighted
ZLEMA: Zero Lag
VWAP: Vol Weighted Average
Welles Wilder MA
crashm111 3-200 Moving Average RibbonAll the moving averages bewteen 3 and 200 in increments of 5.
with the ability to change colours
and change between simple and exponential.
It provides an easy and fast way to determine the trend direction and possible reversals.
SS EMA / SMA RibbonColor Change if above or below EMAs / Ribbon
StokedStocks EMA / SMA Ribbon 9 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 200
EMAs Color Change if above or below EMAs / Ribbon
Lime : Uptrending; Long Bias
Green : Dip Buy / ReEntry or downtrend reversal warning
Red : Downtrend. Short Bias
Maroon : Short Reentry (sell the peak) or uptrend reversal warning
1st strategy Long when Price crosses above all EMAs
2nd strategy if late is buy first or second pullback to 9 or 20 EMA which are the 1st and 2nd ribbon lines (in an uptrend)
3rd strategy is Short once price crosses UNDER all EMAs
Use Trailing stop % once long or short
Better when shorter time frames line up with Longer time Frames for less risk EXAMPLE Above all EMAs on 5min chart and on Daily Chart
Dual Timeframe SMA Ribbon CrossoverCopyright by RJ 3/2018
Should be used with lower timeframe and higher timeframe charts
First set your chart to the lower timeframe you'd like to analyze
see f.bpcdn.co
For this method, low timeframe/high suitable timeframe pairs are:
5min with 30min parent
15min with 1hr parent
30min with 4hr parent
4hr with daily parent
daily with weekly parent
weekly with monthly parent
On lower timeframe chart - Plot of 2 smas length 6, 1 Offset
If smas cross - and bar crosses the sma convergence, and full body of bar crosses SMAs - then this is a buy or sell opportunity
For confirmation - on the higher timeframe chart, check if bar is above or below the smas for that day