ICT Macros [LuxAlgo]The ICT Macros indicator aims to highlight & classify ICT Macros, which are time intervals where algorithmic trading takes place to interact with existing liquidity or to create new liquidity.
🔶 SETTINGS
🔹 Macros
Macro Time options (such as '09:50 AM 10:10'): Enable specific macro display.
Top Line , Mid Line , Bottom Line and Extending Lines options: Controls the lines for the specific macro.
🔹 Macro Classification
Length : A length to detect Market Structure Brakes and classify macro type based on detection.
Swing Area : Swing or Liquidity Area selection, highest/lowest of the wick or the candle bodies.
Accumulation , Manipulation and Expansion color options for the classified macros.
🔹 Others
Macro Texts : Controls both the size and the visibility of the macro text.
Alert Macro Times in Advance (Minutes) : This option will plot a vertical line presenting the start of the next macro time. The line will not appear all the time, but it will be there based on remaining minutes specified in the option.
Daylight Saving Time (DST) : Adjust time appropriate to Daylight Saving Time of the specific region.
🔶 USAGE
A macro is a way to automate a task or procedure which you perform on a regular basis.
In the context of ICT's teachings, a macro is a small program or set of instructions that unfolds within an algorithm, which influences price movements in the market. These macros operate at specific times and can be related to price runs from one level to another or certain market behaviors during specific time intervals. They help traders anticipate market movements and potential setups during specific time intervals.
To trade these effectively, it is important to understand the time of day when certain macros come into play, and it is strongly advised to introduce the concept of liquidity in your analysis.
Macros can be classified into three categories where the Macro classification is calculated based on the Market Structure prior to macro and the Market Structure during the macro duration:
Manipulation Macro
Manipulation macros are characterized by liquidity being swept both on the buyside and sellside.
Expansion Macro
Expansion macros are characterized by liquidity being swept only on the buyside or sellside. Prices within these macros are highly correlated with the overall trend.
Accumulation Macro
Accumulation macros are characterized by an accumulation of liquidity. Prices within these macros tend to range.
The script returns the maximum/minimum price values reached during the macro interval alongside the average between the maximum/minimum and extends them until a new macro starts. These levels can act as supports and resistances.
🔶 DETAILS
All required data for the macro detection and classification is retrieved using 1 minute data sets, this includes candles as well as pivot/swing highs and lows. This approach guarantees the visually presented objects are same (same highs/lows) on higher timeframes as well as the macro classification remain same as it is in 1 min charts.
8 Macros can be displayed by the script (4 are enabled by default):
02:33 AM 03:00 London Macro
04:03 AM 04:30 London Macro
08:50 AM 09:10 New York Macro
09:50 AM 10:10 New York Macro
10:50 AM 11:10 New York Macro
11:50 AM 12:10 New York Launch Macro
13:10 PM 13:40 New York Macro
15:15 PM 15:45 New York Macro
🔶 ALERTS
When an alert is configured, the user will have the ability to be notified in advance of the next Macro time, where the value specified in 'Alert Macro Times in Advance (Minutes)' option indicates how early to be notified.
🔶 LIMITATIONS
The script is supported on 1 min, 3 mins and 5 mins charts.
🔶 RELATED SCRIPTS
Cari dalam skrip untuk "北证50+股票+新浪财经"
ICT Algorithmic Macro Tracker° (Open-Source) by toodegreesDescription:
The ICT Algorithmic Macro Tracker° Indicator is a powerful tool designed to enhance your trading experience by clearly and efficiently plotting the known ICT Macro Times on your chart.
Based on the teachings of the Inner Circle Trader , these Time windows correspond to periods when the Interbank Price Delivery Algorithm undergoes a series of checks ( Macros ) and is probable to move towards Liquidity.
The indicator allows traders to visualize and analyze these crucial moments in NY Time:
- 2:33-3:00
- 4:03-4:30
- 8:50-9:10
- 9:50-10:10
- 10:50-11:10
- 11:50-12:10
- 13:10-13:50
- 15:15-15:45
By providing a clean and clutter-free representation of ICT Macros, this indicator empowers traders to make more informed decisions, optimize and build their strategies based on Time.
Massive shoutout to @reastruth for his ICT Macros Indicator , and for allowing to create one of my own, go check him out!
Indicator Features:
– Track ongoing ICT Macros to aid your Live analysis.
- Gain valuable insights by hovering over the plotted ICT Macros to reveal tooltips with interval information.
– Plot the ICT Macros in one of two ways:
"On Chart": visualize ICT Macro timeframes directly on your chart, with automatic adjustments as Price moves.
Pro Tip: toggle Projections to see exactly where Macros begin and end without difficulty.
"New Pane": move the indicator two a New Pane to see both Live and Upcoming Macro events with ease in a dedicated section
Pro Tip: this section can be collapsed by double-clicking on the main chart, allowing for seamless trading preparation.
This indicator is available only on the TradingView platform.
⚠️ Open Source ⚠️
Coders and TV users are authorized to copy this code base, but a paid distribution is prohibited. A mention to the original author is expected, and appreciated.
⚠️ Terms and Conditions ⚠️
This financial tool is for educational purposes only and not financial advice. Users assume responsibility for decisions made based on the tool's information. Past performance doesn't guarantee future results. By using this tool, users agree to these terms.
TradePro's 2 EMA + Stoch RSI + ATR StrategySaw TradePro's "NEW BEST HIGHEST PROFITING STRATEGY WITH CRAZY RESULTS - 2 EMA+ Stochastic RSI+ ATR", and was curious on the back testing results. This strategy is an attempt to recreate it.
This strategy uses 50 / 200 EMAs, Stochastic RSI and ATR.
Long Entry Criteria:
- 50 EMA > 200 EMA
- Price closes below 50 EMA
- Stochastic RSI has gone into oversold < 20
- Stochastic RSI crosses up while making higher low from previous cross up
Short Entry Criteria:
- 50 EMA < 200 EMA
- Price closes above 50 EMA
- Stochastic RSI has gone into overbought > 80
- Stochastic RSI crosses down while making lower high from previous cross down
Stop-loss is set to ATR stop-loss
Take Profit is 2x the risk
All parameters are configurable.
Enjoy~~
BitCoin RSI TrendWhat is it?
This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set.
How to use it?
For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red.
Why to use it?
The buy and sell strength of the BTC controls the other coins, and it is noticeable when the BTC is over sold and the RSI exceeding the 70, the price will reverse its movement to down, thus it is advisable to not open long position if the RSI of BTC is above the 70-75. Also, if the RSI is under 50 there is a big possibility to move down further to the over bought areas. The best is to buy a altcoins when the BTC RSI is between 50 and 70.
For example, I could avoid a bad long trade on MATICUSDT when the RSI of BTC is going under 50
Or, get a good long trade on MATICUSDT when the RSI of BTC is between 50 and 70
Combined Moving Averages + Squeeze & Volume Spike SignalsThis is a set of 4 combined moving averages. Each moving average is a combination of an EMA, SMA, HMA, RMA, WMA and VWMA with the same length as set in your input settings. All 6 of them are added together and then divided by 6 for an average of all of them. This is based on the theory that most traders use their own preference of moving averages, so combining them all should give us a better idea of where price should actually react since we are using the average of what most traders are using on their charts. It also smooths the moving averages out as well so you get a much easier to read moving average than any of them on their own which should help you hold positions longer and time your entries better.
The default lengths used for this indicator are as follows: 10, 50, 100 and 500. These lengths can be updated in the settings. The 10 and 500 will change colors when the individual moving average is less than or greater than its previous value. Price above or below the moving average does not affect the colors. The 50 and 100 are colored based on whether the 50 is greater/less than the 100.
The two middle length moving averages by default are the 50 and 100. This has been turned into a cloud because it is the area where price typically bounces, since tons of traders use the 50 and 100 moving averages. This should be your long/short zone when price is trending.
Each moving average can be set to use a different source such as close, open, high, low, ohlc4, etc. You can also adjust the length of each moving average. Default settings work well, but feel free to customize them to your liking. You can also change the colors of the lines in the settings.
Beware that changing the lengths of MA #2 and MA #3 will change the signals, squeezes and the cloud.
VOLUME SPIKES
The cloud will change to a brighter color when a volume spike is detected. When a major volume spike is detected, it will turn very bright colored green/red according to the direction of the cloud. This notifies you of volume spikes so you have a better idea of how strong the trend is. If the cloud is a dark green/red then that means that volume is less than or equal to the recent median volume.
SIGNALS
There are also signals that will be given when the current candle is in the cloud, the candle is going in the same direction as the cloud, the MA #2 and MA #3 is going in the same direction and a volume spike is detected. These help you identify good entries when markets are trending. Be cautious of these signals when the trend is sideways and not clearly moving in one direction. The signals can be turned on or off in the settings.
SQUEEZE
Many times when moving averages squeeze together, a big move happens shortly after. Because of this I added a yellow background color when a squeeze is detected. It looks at the median value difference of the MA #2 and MA #3 and if the current value difference is less than the median multiplied by the multiplier in the settings then it will change the background color to notify you. The default value of the multiplier is .6, meaning the squeeze signal will only show if the current value difference of the cloud is less than .6 of the median difference. The multiplier can be adjusted in the settings to suit your preferences. Lower values will only show tighter squeezes.
MARKETS
This indicator can be used on all markets including stocks, crypto, futures and forex.
TIMEFRAMES
This indicator can be used on all timeframes.
PAIRINGS
We recommend pairing this combined moving average with Trend Friend Swing Trade And Scalp Signals for extra confluence. Look for price to bounce in the cloud with good volume and a confirming signal from Trend Friend for highly probable moves.
RSI Trend Heatmap in Multi TimeframesRSI Trend Heatmap in Multi Timeframes
Description
Sometimes you want to look at the RSI Trend across multiple time frames.
You have to waste time browsing through them.
So we've put together every time frame you want to see in one indicator.
We have 10 layers of RSI Trend heatmap available for you.
You can set the timeframe as you want on the Settings page.
Description of Parameter RSI Setting ** You can change it by setting.
RSI Trend Length : (Default 50)
Source : (Default close)
RSI Sideways Length : (Default 2 = RSI between 48 .. 52)
Description of Parameter RSI Timeframe ** You can change it by setting.
""=None,
"M"=1Month, "2W"=2Weeks, "W"=1Week,
"3D"=3Days, "2D"=2Days, "D"=1Day,
"720"=12Hours, "480"=4Hours, "240"=4Hours, "180"=3Hours, "120"=2Hours,
"60"=60Minutes, "30"=30Minutes, "15"=15Minutes, "5"=5Minutes, "1"=1Minute
Default Configurate of RSI Timeframe (for a time frame of 1 hour to 1 day)
"W"= Timeframe 1 month shown in line 90-100 --> Represent Long Trend of RSI
---------------------------------------
"D2"= Timeframe 2 days shown in line 70-80 --> Represent Trend of RSI
"D"= Timeframe 1 day shown in line 60-70 --> Represent Trend of RSI
---------------------------------------
"240"= Timeframe 3 hours shown in line 40-50 --> Represent Signal Up/Signal Down/Divergence of RSI
"120"= Timeframe 2 hours shown in line 30-40 --> Represent Signal Up/Signal Down/Divergence of RSI
"60"= Timeframe 1 hour shown in line 20-30 --> Represent Signal Up/Signal Down/Divergence of RSI
"30"= Timeframe 30 minutes shown in line 10-20 --> Represent Signal Up/Signal Down/Divergence of RSI
"15"= Timeframe 15 minutes shown in line 00-10 --> Represent Signal Up/Signal Down/Divergence of RSI
Description of Colors
Dark Bule = Extreme Uptrend / Overbought / Bull Market (RSI > 67)
Light Bule = Uptrend (RSI between 50-52 .. 67)
Yellow = Sideways Trend / Trend Reversal (RSI between 48 .. 52) ** You can change it by setting.
Light Red = Downtrend (RSI between 33 .. 48-50)
Dark Red = Extreme Downtrend / Oversold / Bear Market (RSI < 33)
How to use
1. You must first know what the main trend of the RSI is (look at the 60-80 line). If it is red, it is a downtrend. and if it's blue shows that it is an uptrend
2. Throughout the period of the main trend There will always be a reversal of the sub-trend. (Can see from the 0-50 line), but eventually will return to follow the main trend.
3. Unless the sub trend persists for a long time until the main trend changes.
Multiple Indicator 50EMA Cross AlertsHere’s a screener including Symbol, Price, TSI, and 50 ema cross in a table output.
The 50 Exponential Moving Average is a trend indicator
You can find bullish momentum when the 50 ema crossed over or a bearish momentum when the 50 ema crossed under we are looking to take advantage by trading the reversion of these trends.
True strength index (TSI) is a trend momentum indicator
Readings are bullish when the True Strength Index shows positive values
Readings are bearish when the indicator displays negative values.
When a value is above 20, we look for selling overbought opportunity and when the value is under 20, we look for buying oversold opportunity.
You can select the pair of your choice in the settings.
Make sure to create an alert and choose any alerts then an alert will trigger when a price cross under or cross over the 50 ema for every pair separately.
This allow the user to verify if there is a trade set up or not.
Disclaimer
This post and the script don’t provide any financial advice.
ROC PercentileRate Of Change Percentile calculates the current ROC (user defined length) as a percentile rank.
We use 2 separate arrays, one for all positive ROC values and one for all negative values within a defined lookback period. Then the current ROC value is compared to those arrays to find it's percentile ranking.
For example, a ranking of 75 means the ROC is in the 75th percentile of all POSITIVE ROC values over the lookback period.
A ranking of -80 is in the 80th percentile of all NEGATIVE ROC values over the lookback period.
Most ROC scripts use raw ROC values (or smoothed or otherwise altered), or have stochastic formula applied to them, I've not seen one that displays ROC as percentile ranking of previous positive/negative values.
What is the advantage?
Raw ROC data only gives half the picture. What we want to do is compare the ROC to previous ROC values, to give a sense of scale. Raw ROC values don't give you that context and you can only compare visually, usually limited to the number of bars you can see on your screen.
Using a percentile ranking gives us the context of current Rate of Change relative to the previous Rate of Change over a large lookback period, and not just visually but mathematically.
Why not using a long stochastic ROC? The problem with stochastics in general is that an outlier data point can ruin the data for the rest of the lookback period.
For example, imagine a huge outlier 8% ROC. The 2nd largest ROC is 4% and the 3rd largest is 2%, with all other values below this.
In this example, a stochastic ROC would display the 8% outlier as 100, the 4% as 50, the 2% as 25 and all other data would be squeezed down between 0-25.
Additionally, a value of 60 may have vastly different meaning depending on whether the lookback period contains a large outlier or not.
With a percentile ranking, that 8% outlier would still have a value of 100. But the 4% and 2% would be 99 and 98 respectively (this assumes 100 data points in the series, in reality values will usually be decimals).
This effectively flattens the curve and gives a more consistent and dependable experience, allowing you to more accurately assess the relative importance of the current ROC.
The line of circles is set at the 50 and -50 values for quick comparison.
Values > 50 represent ROC greater than 50% of previous positive ROC values.
Values < -50 represent ROC greater than 50% of previous negative ROC values.
Bank Zones #PipGangHello Traders,
If you trade Forex and Indices this indicator will help you identify Buying and Selling levels that Banks are interested in. These levels are displayed on all time frames. Colors of the lines can be customized.
I also added code to show two EMA's, just uncomment the code to show them. :-)
How to use this indicator.
Show Bank Zones - this will enable/disable horizonal lines on the chart.
Price - enter bank zone price.
Increment By - plots three horizonal lines in pips above and below bank zone price.
Note: Decimal placement is KEY, this may vary by symbol.
Sample Settings:
US30USD
Price 35600.0
IncrementBy 50 (equals 50 pips)
XAUUSD
Price 1850.000
IncrementBy 5 (equals 50 pips)
GBPJPY
Price 152.500
IncrementBy .5 (equals 50 pips)
GBPUSD
Price 1.34100
IncrementBy .005 (equals 50 pips)
Forex scalper 2xEMA + SRSI + MACDThis is a forex scalping strategy designed for the most liquid pairs, like major forex pairs.
Its made of
1 EMA 50
1 EMA 100
Stochastic RSI
MACD
Rules
For long :close of the candle is above moving average 50, moving average 50> moving average 100, macd histogram is positive and cross over of stochastic rsi with the oversold level.
For short :close of the candle is below moving average 50, moving average 50 < moving average 100, macd histogram is negative and cross under of stochastic rsi with the overbought level.
Exit
For exit we have take profit and stop loss using fixed pip points.
For this example on EURUSD we use 20 pips for both tp and sl
IF you have any questions let me know !
EBB & Flow: a multi-EMA-based BB cloudIntro
This is an idea evolved out of the market maker method and EMA convergence, divergence, and mean reversion.
The market maker method informs us that the 5, 13, 50 and 200 EMAs are important to regulating price. Those EMA lengths are multiples of the 50 and 200 on lower major timeframes -- the 1 minute, 5, 15, 1H, 4H, 1D. I include the 21 because it is also a multiple and in crypto very often respected.
When market makers are testing price, they set their range and spike in the direction they test for liquidity. This can get chaotic. For instance, in a shorter time frame consolidation inside a bigger timeframe uptrend, it can be too easy to forget where you are in the many trends playing out.
When the EMAs are dragged over each other during normal price movement, you get these crisscrossing tracks of price, and the individual breaks can be hard to trace.
The range is what matters, ultimately, and the range is dynamic. In that case, the Bollinger Band is a great tool for detecting outliers in this case.
The Answer
So the answer this indicator seeks to give, is to look for outliers. This gives you a scalping strategy built on Traders Reality thinking and best put together with the PVSRA indicator, which I may include in this indicator just for the sake of concision, but they can work alongside each other or separately.
The key thing is the different EMA clouds, which are bollinger bands. Tight bands mean imminent breaks, favouring the trend. Vector candles out of a zone, pins to the low/high, etc. are all very relevant alongside this indicator.
You can also use it on its own and scalp the breaks of a cloud.
How it works
Each cloud is a standard deviation from their respective EMA, all in the same colour. The deviation multiple is 1.618 by default. Yes, fibonacci sequences are usually nonsense, but it works better with the BB than 2, 2.5 or 3.
Using just the clouds, you can see where each EMA is headed and how it behaves within the deviation of the others.
But that on its own isn't enough.
The indicator will also print snowflakes above and below the candle for notable outliers. It will be in the colour of the cloud it breaks, but only if that break is also breaking the smaller EMA clouds too.
The most snowflakes will be yellow because that's the 13 EMA. That one is dependent on nothing else and every break will print a snowflake. The 21 will be dependent on the 13. The 50 dependent on the 13 and 21 breaks. The 200 the most important.
For example, if the 200 EMA-BB or EBB is broken at the upper band, deviating by more than 162% of price over a 200 period EMA, and that break is not above the 50 EMA cloud, there will be no snowflake. However, if it exceeds the 13, 21, 50, and 200 clouds, then a purple snowflake will appear above the bar.
Any snowflake is an extreme in price. The purple is an especially good point of entry. That doesn't mean it is a perfect entry. You can build position from it, though, and be relatively certain of a price correction in the near future, because not only was this major EMA cloud violated, but all of the smaller ones too.
Reminder
You still need your PVSRA and candlesticks. This indicator on its own may have a nice hit rate for scalping and building position, as an alternative to the TDI or alongside it, but it is not enough on its own, just like the TDI.
Enjoy!
Quantitative Qualitative Estimation QQE
The QQE indicator is a momentum based indicator to determine trend and sideways.
The Qualitative Quantitative Estimation (QQE) indicator works like a smoother version of the popular Relative Strength Index (RSI) indicator. QQE expands on RSI by adding two volatility based trailing stop lines. These trailing stop lines are composed of a fast and a slow moving Average True Range (ATR). These ATR lines are smoothed making this indicator less susceptible to short term volatility.
The most common method of using QQE is to look for crosses of the fast and slow moving trailing stop lines during periods when the QQE line reflects overbought or oversold conditions
Qualitative Quantitative Estimation made up of a smoothed Relative Strength Index (RSI) indicator plus fast and slow volatility-based trailing levels.
Qualitative Quantitative Estimation can be used in two directions:
1.Determine the trend, i.e. if the line is above the 50 level, the trend is ascending, if below - descending;
2.Search for signals at the moment of crossing of the QQE FAST (maroon) and QQE SLOW (blue) lines.
The QQE itself is generally considered to indicate an up-trend ifQQE FAST is above QQE SLOW, and a down-trend if below QQE SLOW.
Often a middle-range between 40 and 60 is set and if the indicator is in that range, then the market is considered to be tracking sideways, or in no trend.
You will need to set only one parameter – “SF” "RSI SMoothing Factor", an analogue of the period in RSI.
By the way, judging from the open source information, the algorithm used the standard strength index with a period of 14 for calculations.
Various signals can be created from the indicator such as:
-Buy when QQE FAST crosses above QQE SLOW below 50 level or just buy when QQE lines crosses above 50 level.
-Sell when QQE FAST crosses below QQE SLOW above 50 level or just sell when QQE lines crosses below 50 level.
WARNING: QQE IS A RSI BASED INDICATOR SO THAT IT CAN TRIGGER FALSE SIGNALS DURING DIVERGENCES!
Kıvanç Özbilgiç
Nifty VolumeWhy this Script : Nifty 50 does not provide volume and some time it is really useful to understand the volume .
This is the pine script which calculate the nifty 50 volume .
Logic :
Take each stock contribute to nifty 50 and find it's volume .
Multiply the same with contribution percentage of the same on Nifty 50
Add up all of them and find the total volume .
There is a similar script by @daytraderph which is built for Bank Nifty (custom volume) . I took the same and built for Nfity.
Nifty has 50 stocks and you cant call security method more than 40 times from one Pine script, so this is the limitation of this script. It consider top 40 stocks and find the volume (which contribute pretty much around 95% of the volume) and convert the same to 100 %
Simple Moving Average Double HelixThis one is a mix of colour-coded moving averages and Ichimoku. It features two pairs of SMAs--default values of 9/20 and 50/200. Each SMA will be green when it rises and red when it falls. The spaces between each pair will fill with green or red depending on which line is on top. 9 over 20 or 50 over 200 makes a green cloud; if 9 or 50 falls below, the cloud will switch to green.
There's also the Ichimoku lagging span and a 35-period SMA (grey) that can be used as a trailing stop loss guideline.
Ideal long setup:
9, 20, 50, and 200 SMA are all green
both clouds are green
lagging span is above historic price action
Ideal short setup:
9, 20, 50, and 200 SMA are all red
both clouds are red
lagging span is below historic price action
RSI5_50 with DivergenceThis is variation of RSI Divergence strategy.
I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI
settings
=========
short term RSI period 5
long term RSI period 50
stopLoss is 8% --- if setting is enabled
BUY Rule
========
RSI 50 is above 50 line
short term RSI is showing divergence
Add to existing
==============
if already in position, BUY when shorTermRSI is crossing above 20
TakeProfit
=========
when longTermRSI reaches 60,65, 70 and 75 level , take partial profits .
(not when crossing down --- This may affect on profits , because when price goes down , it goes very fast )
Exit
=====
when longTermRSI is crossing down 30
OR stopLoss value hits
Note: When I tested this with GOOGL stock , I have got excellent results ... any experts there , please check everything is good with scripting ...
Happy Trading
PowerX Strategy Bar Coloring [OFFICIAL VERSION]This script colors the bars according to the PowerX Strategy by Markus Heitkoetter:
The PowerX Strategy uses 3 indicators:
- RSI (7)
- Stochastics (14, 3, 3)
- MACD (12, 26 , 9)
The bars are colored GREEN if...
1.) The RSI (7) is above 50 AND
2.) The Stochastic (14, 3, 3) is above 50 AND
3.) The MACD (12, 26, 9) is above its Moving Average, i.e. MACD Histogram is positive.
The bars are colored RED if...
1.) The RSI (7) is below 50 AND
2.) The Stochastic (14, 3, 3) is below 50 AND
3.) The MACD (12, 26, 9) is below its Moving Average, i.e. MACD Histogram is negative.
If only 2 of these 3 conditions are met, then the bars are black (default color)
We highly recommend plotting the indicators mentioned above on your chart, too, so that you can see when bars are getting close to being "RED" or "GREEN", e.g. RSI is getting close to the 50 line.
BO - Bar's direction Signal - BacktestingBO - Bar's direction Signal - Backtesting Options:
A. Factors Calculate probability of x bars same direction
1. Periods Counting: Data to count From day/month/year To day/month/year
2. Trading Time: only cases occurred in trading time were counted.
B. Timezone
1. Trading time depend on Time zone and specified chart.
2. Enable Highlight Trading Time to check your period time is correct
C. Date Backtesting
* Only cases occurred in Date Backtesting were reported.
D. Setup Options & Rule
1. Reversal after 2 bars same direction
* Probability of 3 bars same direction < 50
* 2 bars same direction is start of series
2. Reversal after 3 bars same direction
* Probability of 4 bars same direction < 50
* 3 bars same direction is start of series
3. Reversal after 4 bars same direction
* Probability of 4 bars same direction < 50
* 3 bars same direction is start of series
4. Reversal after 5 bars same direction
* Probability of 5 bars same direction < 50
* 4 bars same direction is start of series
5. Reversal after 6 bars same direction
* Probability of 6 bars same direction < 50
* 5 bars same direction is start of series
Technical Analysis - Panel Info//A. Oscillators & B. Moving Averages base on TradingView's Technical Analysis by ThiagoSchmitz
//C.Pivot base on Ultimate Pivot Points Alerts by elbartt
//D. Summary & Panel info by anhnguyen14
Panel Info base on these indicators:
A. Oscillators
1. Rsi (14)
2. Stochastic (14,3,3)
3. CCI (20)
4. ADX (14)
5. AO
6. Momentum (10)
7. MACD (12,26)
8. Stoch RSI (3,3,14,14)
9. %R (14)
10. Bull bear
11. UO (7,14,28)
B. Moving Averages
1. SMA & EMA: 5-10-20-30-50-100-200
2. Ichimoku Cloud - Baseline (26)
3. Hull MA (9)
C. Pivot
1. Traditional
2. Fibonacci
3. Woodie
4. Camarilla
D. Summary
Sum_red=A_red+B_red+C_red
Sum_blue=A_blue+B_blue+C_blue
sell_point=(Sum_red/32)*100
buy_point=(Sum_blue/32)*100
sell =
Sum_red>Sum_blue
and sell_point>50
Strong_sell =
A_red>A_blue
and B_red>B_blue
and C_red>C_blue
and sell_point>50
and not crossunder(sell_point,75)
buy =
Sum_red>Sum_blue
and buy_point>50
Strong_buy =
A_red50
and not crossunder(buy_point,75)
neutral = not sell and not Strong_sell and not buy and not Strong_buy
Multi SMA EMA WMA HMA BB (5x8 MAs Bollinger Bands) MAX MTF - RRBMulti SMA EMA WMA HMA 4x7 Moving Averages with Bollinger Bands MAX MTF by RagingRocketBull 2019
Version 1.0
All available MAX MTF versions are listed below (They are very similar and I don't want to publish them as separate indicators):
ver 1.0: 4x7 = 28 MTF MAs + 28 Levels + 3 BB = 59 < 64
ver 2.0: 5x6 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64
ver 3.0: 3x10 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64
ver 4.0: 5(4+1)x8 = 8 CurTF MAs + 32 MTF MAs + 20 Levels + 3 BB = 63 < 64
ver 5.0: 6(5+1)x6 = 6 CurTF MAs + 30 MTF MAs + 24 Levels + 3 BB = 63 < 64
ver 6.0: 4(3+1)x10 = 10 CurTF MAs + 30 MTF MAs + 20 Levels + 3 BB = 63 < 64
Fib numbers: 8, 13, 21, 34, 55, 89, 144, 233, 377
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group, a total of 4 TFs * 7 MAs = 28 MAs. You can assign any type/timeframe combo to a group, for example:
- EMAs 9,12,26,50,100,200,400 x H1, H4, D1, W1 (4 TFs x 7 MAs x 1 type)
- EMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 x M15, H1 (2 TFs x 14 MAs x 1 type)
- D1 EMAs and SMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 (1 TF x 14 MAs x 2 types)
- H1 WMAs 13,21,34,55,89,144,233; H4 HMAs 9,12,26,50,100,200,400; D1 EMAs 12,26,89,144,169,233,377; W1 SMAs 9,12,26,50,100,200,400 (4 TFs x 7 MAs x 4 types)
- +1 extra MA type/timeframe for BB
There are several versions: Simple, MTF, Pro MTF, Advanced MTF, MAX MTF and Ultimate MTF. This is the MAX MTF version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing
- Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options
- Advanced MTF: +4 extra MAs/group (4x7 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option
- MAX MTF: +2 subtypes/group, packed to the limit with max possible MAs/TFs: 4x7, 5x6, 3x10, 4(3+1)x10, 5(4+1)x8, 6(5+1)x6
- Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols
MAX MTF version tests the limits of Pinescript trying to squeeze as many MAs/TFs as possible into a single indicator.
It's basically a maxed out Advanced version with subtypes allowing for mixed types within a group (i.e. both emas and smas in a single group/TF)
Pinescript has the following limits:
- max 40 security calls (6 calls are reserved for dupe checks and smoothing, 2 are used for BB, so only 32 calls are available)
- max 64 plot outputs (BB uses 3 outputs, so only 61 plot outputs are available)
- max 50000 (50kb) size of the compiled code
Based on those limits, you can only have the following MAs/TFs combos in a single script:
1. 4x7, 5x6, 3x10 - total number of MTF MAs must always be <= 32, and you can still have BB and Num Levels = total MAs, without any compromises
2. 5(4+1)x8, 6(5+1)x6, 4(3+1)x10 - you can use the Current Symbol/Timeframe as an extra (+1) fixed TF with the same number of MTF MAs
- you don't need to call security to display MAs on the Current Symbol/Timeframe, so the total number of MTF MAs remains the same and is still <= 32
- to fit that many MAs into the max 64 plot outputs limit you need to reduce the number of levels (not every MA Group will have corresponding levels)
Features:
- 4x7 = 28 MAs of any type
- 4x MTF groups with XY step line smoothing
- +1 extra TF/type for BB MAs
- 2 MA subtypes within each group/TF
- 4x7 = 28 MA levels with adjustable group offsets, indents and shift
- supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA)
- custom tickers/symbols for each group
- show max bars back option
- show/hide both groups of MAs/levels/BB and individual MAs
- timeframe filter: show only MAs/Levels with TFs <>= Current TF
- hide MAs/Levels with duplicate TFs
- support for custom TFs that are not available in free accounts: 2D, 3D etc
- support for timeframes in H: H, 2H, 4H etc
Notes:
- Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running
- Possible reasons for missing MAs on a chart:
- there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart.
- for charts with low/fractional prices i.e. 0.00002 << 0.001 (default Y smoothing step) decrease Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0)
- for charts with high price values i.e. 20000 >> 0.001 increase Y smoothing as needed (set Y = 10-20). Higher values exceeding MAs point density will cause it to disappear as there will be no points to plot. Different TFs may require diff adjustments
- TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts
- attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug.
- Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default)
- Slow load/redraw times. This indicator becomes slower, its UI less responsive when:
- Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness.
- the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode).
- Reload the page/Load a fresh chart and then apply the indicator or
- Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow)
- in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level
- initial load and redraw times after a param change in UI also depend on TF. For example: D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec. M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars).
- when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow.
- show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot
- Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times
- In max zoom mode all dynamic levels disappear (they behave like text)
- Dupe check includes symbol: symbol, tf, both subtypes - all must match for a duplicate group
- For the dupe check to work correctly a custom symbol must always include an exchange prefix. BB is not checked for dupes
Good Luck! Feel free to learn from/reuse the code to build your own indicators.
Multi SMA EMA WMA HMA BB (4x5 MAs Bollinger Bands) Adv MTF - RRBMulti SMA EMA WMA HMA 4x5 Moving Averages with Bollinger Bands Advanced MTF by RagingRocketBull 2019
Version 1.0
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group, a total of 4 TFs * 5 MAs = 20 MAs. You can assign any type/timeframe combo to a group, for example:
- EMAs 12,26,50,100,200 x H1, H4, D1, W1 (4 TFs x 5 MAs x 1 type)
- EMAs 8,10,13,21,30,50,55,100,200,400 x M15, H1 (2 TFs x 10 MAs x 1 type)
- D1 EMAs and SMAs 8,10,12,26,30,50,55,100,200,400 (1 TF x 10 MAs x 2 types)
- H1 WMAs 7,77,89,167,231; H4 HMAs 12,26,50,100,200; D1 EMAs 89,144,169,233,377; W1 SMAs 12,26,50,100,200 (4 TFs x 5 MAs x 4 types)
- +1 extra MA type/timeframe for BB
There are several versions: Simple, MTF, Pro MTF, Advanced MTF and Ultimate MTF. This is the Advanced MTF version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing
- Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options
- Advanced MTF: +2 extra MAs/group (4x5 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option
- Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols
Features:
- 4x5 = 20 MAs of any type
- 4x MTF groups with XY step line smoothing
- +1 extra TF/type for BB MAs
- 4x5 = 20 MA levels with adjustable group offsets, indents and shift
- supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA)
- custom tickers/symbols for each group - you can compare MAs of the same symbol across exchanges
- show max bars back option
- show/hide both groups of MAs/levels/BB and individual MAs
- timeframe filter: show only MAs/Levels with TFs <>= Current TF
- hide MAs/Levels with duplicate TFs
- support for custom TFs that are not available in free accounts: 2D, 3D etc
- support for timeframes in H: H, 2H, 4H etc
Notes:
- Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running
- Possible reasons for missing MAs on a chart:
- there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart.
- price << default Y smoothing step 5. For charts with low/fractional prices (i.e. 0.00002 << 5) adjust X Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0)
- TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts
- attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug.
- Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default)
- Slow load/redraw times. This indicator becomes slower, its UI less responsive when:
- Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness.
- the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode).
- Reload the page/Load a fresh chart and then apply the indicator or
- Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow)
- in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level
- initial load and redraw times after a param change in UI also depend on TF. For example:
D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec.
M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars).
- when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow.
- show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot
- Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times
- In max zoom mode all dynamic levels disappear (they behave like text)
1. based on 3EmaBB, uses plot*, barssince and security functions
2. you can't set certain constants from input due to Pinescript limitations - change the code as needed, recompile and use as a private version
3. Levels = trackprice implementation
4. Show Max Bars Back = show_last implementation
5. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
6. Smoothing is applied by default for visual aesthetics on MTF. To use exact ma mtf values (lines with stair stepping) - disable it
Good Luck! You can explore, modify/reuse the code to build your own indicators.
BB Quick Fire5 Bollinger Bands in levels 50,2.0 | 50,2.5 |50,3.0 |50,3.5 |50,4.0
This is used to identify pullbakcs and future pitchfork's.
CM Stochastic POP Method 2-Jake Bernstein_V1Yesterday Jake Bernstein authorized me to post his updated results with the Stochastic Pop Trading System he developed many years ago.
You can take a look at the Original System with Updated Settings at
This indicator is a different set of rules Jake mentioned in the PDF he allowed me to post.
To view the PDF use this link:
dl.dropboxusercontent.com
Today we’re releasing the version described in the PDF that uses the StochK values of 55, 50, and 45. The rules are discussed in the PDF but here is a simple breakdown:
Enter Long when StochK is below 50 and Crosses Above 55
Exit Long on Cross Below 55
Enter Short when StochK is Above 50 and crosses Below 45
Exit Short on Cross Above 45
Two Important Items to understand about this method:
To code the rules Precisely we need a function that will be available when Strategy Capabilities are released on TradingView.
There is one of Jakes Profit Maximizing Strategies that needs to be integrated with this code…which again we need the Strategy based Function that will be coming soon.
To Compare this system to the Stochastic Pop Method 1 System shown yesterday at I used the same Symbol and dates for you to compare…but remember to give this Method 2 System a Fair Look/Evaluation…we need the Soon To Be Released…TradingView Strategy Capabilities.
BackTesting Results Example: EUR-USD Daily Chart Since 01/01/2005
Strategy 1 – Stochastic Pop Method 2 System:
Go Long When Stochasticis below 50 and Crosses Above 55. Go Short When Stochastic is above 50 and Crosses Below 45. Exit Long/Short When Stochastic has a Reverse Cross of Entry Value.
Results:
Total Trades = 151
Profit = 40,758 Pips
Win% = 37.1%
Profit Factor = 1.26
Avg Trade = 270 Pips Profit
***Most Consecutive Wins = 4 ... Most Consecutive Losses = 7
Strategy 2:
Rules - Proprietary Optimization Jake Will Teach. Only Added 1 Additional Exit Rule.
Results:
Total Trades = 151
Profit = 60.305 Pips
Win% = 37.1%
Profit Factor = 1.38
Avg Trade = 399 Pips Profit
***Most Consecutive Wins = 4 ... Most Consecutive Losses = 7
Indicator Includes:
-Ability to Color Candles (CheckBox In Inputs Tab)
Green = Long Trade
Blue = No Trade
Red = Short Trade
Jake Bernstein will be a contributor on TradingView when Backtesting/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience and he is going to teach TradingView.com’s community how to create Trading Systems and how to Optimize the correct way.
Link To PDF:
dl.dropboxusercontent.com
Link to Original Version of Indicator with Updated Settings.
EMA/VWAP SuiteEMA/VWAP Suite
Overview
The EMA/VWAP Suite is a versatile and customizable Pine Script indicator designed for traders who want to combine Exponential Moving Averages (EMAs) and Volume Weighted Average Prices (VWAPs) in a single, powerful tool. It overlays up to eight EMAs and six VWAPs (three anchored, three rolling) on the chart, each with percentage difference labels to show how far the current price is from these key levels. This indicator is perfect for technical analysis, supporting strategies like trend following, mean reversion, and VWAP-based trading.
By default, the indicator displays eight EMAs and a session-anchored VWAP (AVWAP 1, in fuchsia) with their respective percentage difference labels, keeping the chart clean yet informative. Other VWAPs and their bands are disabled by default but can be enabled and customized as needed. The suite is designed to minimize clutter while providing maximum flexibility for traders.
Features
- Eight Customizable EMAs: Plot up to eight EMAs with user-defined lengths (default: 3, 9, 19, 38, 50, 65, 100, 200), each with a unique color for easy identification.
- EMA Percentage Difference Labels: Show the percentage difference between the current price and each EMA, displayed only for visible EMAs when enabled.
- Three Anchored VWAPs: Plot VWAPs anchored to the start of a session, week, or month, with customizable source, offset, and band multipliers. AVWAP 1 (session-anchored, fuchsia) is enabled by default.
- Three Rolling VWAPs: Plot VWAPs calculated over fixed periods (default: 20, 50, 100), with customizable source, offset, and band multipliers.
- VWAP Bands: Optional upper and lower bands for each VWAP, based on standard deviation with user-defined multipliers.
- VWAP Percentage Difference Labels: Display the percentage difference between the current price and each VWAP, shown only for visible VWAPs. Enabled by default to show the AVWAP 1 label.
- Customizable Colors: Each VWAP has a user-defined color via input settings, with labels matching the VWAP line colors (e.g., AVWAP 1 defaults to fuchsia).
Flexible Display Options: Toggle individual EMAs, VWAPs, bands, and labels on or off to reduce chart clutter.
Settings
The indicator is organized into intuitive setting groups:
EMA Settings
Show EMA 1–8 : Toggle each EMA on or off (default: all enabled).
EMA 1–8 Length : Set the period for each EMA (default: 3, 9, 19, 38, 50, 65, 100, 200).
Show EMA % Difference Labels : Enable/disable percentage difference labels for all EMAs (default: enabled).
EMA Label Font Size (8–20) : Adjust the font size for EMA labels (default: 10, mapped to “tiny”).
Anchored VWAP 1–3 Settings
Show AVWAP 1–3 : Toggle each anchored VWAP on or off (default: AVWAP 1 enabled, others disabled).
AVWAP 1–3 Color : Set the color for each VWAP line and its label (default: fuchsia for AVWAP 1, purple for AVWAP 2, teal for AVWAP 3).
AVWAP 1–3 Anchor : Choose the anchor period (“Session,” “Week,” “Month”; default: Session for AVWAP 1, Week for AVWAP 2, Month for AVWAP 3).
AVWAP 1–3 Source : Select the price source (default: hlc3).
AVWAP 1–3 Offset : Set the horizontal offset for the VWAP line (default: 0).
Show AVWAP 1–3 Bands : Toggle upper/lower bands (default: disabled).
AVWAP 1–3 Band Multiplier : Adjust the standard deviation multiplier for bands (default: 1.0).
Rolling VWAP 1–3 Settings
Show RVWAP 1–3 : Toggle each rolling VWAP on or off (default: disabled).
RVWAP 1–3 Color : Set the color for each VWAP line and its label (default: navy for RVWAP 1, maroon for RVWAP 2, fuchsia for RVWAP 3).
RVWAP 1–3 Period Length : Set the period for the rolling VWAP (default: 20, 50, 100).
RVWAP 1–3 Source : Select the price source (default: hlc3).
RVWAP 1–3 Offset : Set the horizontal offset (default: 0).
Show RVWAP 1–3 Bands : Toggle upper/lower bands (default: disabled).
RVWAP 1–3 Band Multiplier : Adjust the standard deviation multiplier for bands (default: 1.0).
VWAP Label Settings
Show VWAP % Difference Labels : Enable/disable percentage difference labels for all VWAPs (default: enabled, showing AVWAP 1 label).
VWAP Label Font Size (8–20) : Adjust the font size for VWAP labels (default: 10, mapped to “tiny”).
How It Works
EMAs : Calculated using ta.ema(close, length) for each user-defined period. Percentage differences are computed as ((close - ema) / close) * 100 and displayed as labels for visible EMAs when show_ema_labels is enabled.
Anchored VWAPs : Calculated using ta.vwap(source, anchor, 1), where the anchor is determined by the selected timeframe (Session, Week, or Month). Bands are computed using the standard deviation from ta.vwap.
Rolling VWAPs : Calculated using ta.vwap(source, length), with bands based on ta.stdev(source, length).
Labels : Updated on each new bar (ta.barssince(ta.change(time) != 0) == 0) to show percentage differences. Labels are only displayed for visible EMAs/VWAPs to avoid clutter.
Color Matching: VWAP labels use the same color as their corresponding VWAP lines, set via input settings (e.g., avwap1_color for AVWAP 1).
Example Use Cases
- Trend Following: Use longer EMAs (e.g., 100, 200) to identify trends and shorter EMAs (e.g., 3, 9) for entry/exit signals.
- Mean Reversion: Monitor percentage difference labels to spot overbought/oversold conditions relative to EMAs or VWAPs.
- VWAP Trading: Use the default session-anchored AVWAP 1 for intraday trading, adding weekly/monthly VWAPs or rolling VWAPs for broader context.
- Intraday Analysis: Leverage the session-anchored AVWAP 1 (enabled by default) for day trading, with bands as support/resistance zones.
