Mulakan

Cari dalam skrip untuk "bear"

Volume Bull/Bear Activity [ZC]Volume Bull/Bear Activity Summary This indicator generates a summary of bull/bear activity for 20 symbols. For each symbol, two bars are displayed, colored green and red. The green bar indicates bull volume, reflecting activity within the last candle of the symbol. The red bar signifies bear volume within the real-time bar, continuously updated. You can seamlessly adjust the timeframe for this indicator. Features : Bear/Bull Volume bars ( Realtime ) ability to add 20 symbols price is colored in Green or red to determine if its Green/Red candle . More into its data
Penunjuk Pine Script®
oleh TZack88
41
Bull Bear Trend IndicatorIntroduction: Origin of the Swing Point Indicator In the quest for a reliable indicator that accurately predicts trend directions and identifies valid highs and lows, the genesis of the Swing Point Indicator emerged. Faced with the challenge of finding a tool that provided comprehensive market analysis and actionable insights, the need for a novel solution became evident. Combining insights gleaned from market analysis and innovative algorithmic approaches, the Swing Point Indicator was born. Enhanced Feature: Highs and Lows Labeling in Trend Direction In addition to its core functionalities, the Swing Point Indicator incorporates an advanced feature that enhances the visualization of trend direction. This feature provides further clarity by selectively labeling highs and lows based on the prevailing trend, reinforcing the identification of higher highs and lower lows in uptrends and downtrends, respectively. Overlapping labels on highs and lows signify a potential trend change, providing traders with valuable insight into market reversals. Detailed Description: 1. Uptrend Labeling: - Higher Highs (Green Label with Price): In an uptrend, where higher highs are observed, the indicator labels these points with vibrant green color and includes the corresponding price value. This visually highlights the significance of higher highs as pivotal points in the upward trajectory of prices. - Higher Lows (Red Marker without Text or Diamond): To complement the identification of higher highs, higher lows are marked with a distinct red marker or diamond, devoid of any accompanying text. While these points are crucial in delineating the ascending trend, their emphasis lies in their role as support levels, providing a foundation for upward price movements. 2. Downtrend Labeling: - Lower Lows (Red Label with Price): Conversely, in a downtrend characterized by lower lows, the indicator labels these points with conspicuous red color, accompanied by the corresponding price value. Lower lows signify critical levels of downward price momentum, acting as indicators of potential bearish continuation. - Lower Highs (Green Marker without Text or Diamond): Lower highs, indicative of downward retracements in a downtrend, are marked by distinctive green markers or diamonds without accompanying text. While these points denote temporary pauses or pullbacks in the bearish trend, their emphasis lies in their role as resistance levels, impeding upward price movements. Functionality and Utility: - Customizable Lookback Candle Count: Traders have the option to adjust the lookback candle count, which is set by default at 108 candles in the settings. This flexibility allows traders to tailor the indicator to their specific trading preferences and timeframes. - Equal Highs or Lows Option: When enabled, the Swing Point Indicator can identify equal highs or equal lows, providing traders with additional insight into market dynamics. - Formation Confirmation: A new higher high along with its higher low or a new lower low along with its lower high is confirmed after two candles have closed following the swing point candle. This ensures the reliability of the identified trend direction. Conclusion: The incorporation of selective labeling for highs and lows based on trend direction, alongside the introduction of customizable settings and formation confirmation criteria, enhances the effectiveness of the Swing Point Indicator. This feature-rich tool empowers traders with a nuanced understanding of market dynamics, highlighting critical price levels and trend reversals. By offering enhanced visualization, customizable options, and confirmation criteria, the Swing Point Indicator equips traders with the confidence and precision needed to navigate the markets successfully, contributing to more informed and profitable trading strategies.
Penunjuk Pine Script®
oleh shubhambitw02
2
Zig-Zag Volume Profile (Bull vs. Bear) [Kioseff Trading]Hello! Thank you @Pinecoders and @TradingView for putting polylines in production and making this viable!! This script "Zig Zag Volume Profile" implements the polyline feature for Pine Script! Features Volume Profile anchored to zig zag trends Bull vs Bear profiles! Delta x price level Standard POC and value area lines, in addition to separated POCs and value area lines for bull profiles and bear profiles Up to 9999 profile rows per zigzag trend Stylistic options for profiles Configurable zig zag - profiles generated for small to large trends Polylines! This script generates Bull vs. Bear volume profiles for zig zag trends! The zigzag indicator is configurable as normal; minor and major trend volume profiles are calculable. This indicator can be thought of as "Volume Profile/Delta for Trends''. Up to 9999 volume profile levels (price levels) can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of volume at price and volume delta. Zig Zag Bull Vs Bear Profiles The image above shows primary functionality! Green profiles = buying volume Red profiles = selling volume Profiles are generated for each trend identified by the zigzag indicator. The image above shows the indicator calculating volume delta for specific price blocks on the profile. Aggregate volume delta for the identified trend is displayed over the profile! The image above shows Bull Profile POC lines and value area lines. Bear Profile POC lines and value area lines are also shown! All colors and transparencies are configurable to the user's liking :D Additionally, you can select to have the profiles drawn on contrasting sides. Bull Profile on left and Bear Profile on right. For a more traditional look - you can select to draw the Bull & Bear profiles on the same x-point. The indicator is robust enough to calculate on "long zig zags" and "short zig zags"; curved profiles can also be used! The image above exemplifies usage of the indicator! Bull & Bear volume profiles are calculated for trends on the 30-second timeframe. The image above shows a more "utilitarian" presentation of the profiles. Once more, line and linefill colors/transparencies are all customizable; the indicator can look however you would like it to! The image above shows key levels, the Bull vs. Bear profile, and volume delta for the current trend! That's about it :D This indicator is part of a series titled "Bull vs. Bear" - a suite of profile-like indicators I will be releasing over coming days. Thanks for checking this out! Of course, a big thank you to @RicardoSantos for his MathOperator library that I use in every script. If you have any suggestions please feel free to share!
Penunjuk Pine Script®
oleh KioseffTrading
46
Volume Profile - BearJust another Volume Profile but you can fit into your chart better by moving back and forth horizontally. also note you can fix the number of bars to show the volume by that way you can use a fib retracment to line up high/low volume nodes with fib levels... see where price as bad structure. or just play with the colors to make a cool gradient? Volume Profile is a technical analysis tool used by traders to analyze the distribution of trading volume at different price levels within a specified time frame. It helps traders identify key support and resistance levels, potential areas of price reversals, and areas of high trading interest. Here's how to read Volume Profile on a trading chart: 1. **Choose a Time Frame**: Decide on the time frame you want to analyze. Volume Profile can be applied to various time frames, such as daily, hourly, or even minute charts. The choice depends on your trading style and goals. 2. **Plot the Volume Profile**: Once you have your chart open, add the Volume Profile indicator. Most trading platforms offer this tool. It typically appears as a histogram or a series of horizontal bars alongside the price chart. 3. **Identify Key Elements**: a. **Value Area**: The Value Area represents the price range where the majority of trading volume occurred. It is often divided into three parts: the Point of Control (POC) and the upper and lower value areas. The POC is the price level where the most trading activity occurred and is considered a significant support or resistance level. b. **High-Volume Nodes**: High-volume nodes are price levels where there was a significant amount of trading volume. These nodes can act as support or resistance levels because they represent areas where many traders had their positions. c. **Low-Volume Areas**: Conversely, low-volume areas are price levels with little trading activity. These areas may not provide strong support or resistance because they lack significant trader interest. 4. **Interpretation**: - If the price is trading above the POC and the upper value area, it suggests bullish sentiment, and these levels may act as support. - If the price is trading below the POC and the lower value area, it suggests bearish sentiment, and these levels may act as resistance. - High-volume nodes can also act as support or resistance, depending on the price's current position relative to them. 5. **Confirmation**: Volume Profile should be used in conjunction with other technical analysis tools and indicators to confirm trading decisions. Consider using trendlines, moving averages, or other price patterns to validate your trading strategy. 6. **Adjust for Different Time Frames**: Keep in mind that Volume Profile analysis can yield different results on different time frames. For example, a support level on a daily chart may not hold on a shorter time frame due to intraday volatility. 7. **Practice and Experience**: Like any trading tool, reading Volume Profile requires practice and experience. Analyze historical charts, paper trade, and refine your strategies over time to gain proficiency. 8. **Stay Informed**: Stay updated with market news and events that can impact trading volume. Sudden news can change the significance of volume levels.
Penunjuk Pine Script®
oleh thebearfib
3
Bull and Bear Market '20% IndicatorThis indicator uses the somewhat crude method of calculating bear/bull markets using the following popular ' 20% rule ': A bear market begins when an asset trades 20% below its recent high for more than two months, a bear market ends when an asset trades 20% above its recent low for one month or more. The 1d time-frame should be used, here's why: "A bear market begins when an asset trades 20% below its recent high for more than two months." If we take the standard trading month to be around 20-22 days (excluding weekends), then two months would be approximately 40-44 days. This is why we set the `bearDuration` to 60 days in the script to capture the "more than two months" criteria. Using a daily timeframe, 60 bars represent roughly 3 months (since markets are not open every day due to weekends and holidays). "...a bear market ends when an asset trades 20% above its recent low for one month or more." This is why the `bullDuration` is set to 20 days in the script, which represents roughly one trading month on a daily timeframe. So, to capture the mentioned bear and bull market definitions, you'd want to apply the script on a daily (1d/1D) chart.
Penunjuk Pine Script®
oleh Tom_DeFi
Bull & Bear Engulfing - 3 Strike and 180 CandlesHello, SenatorVonShaft here. This indicator shows 3 differend candlestick formations: 1- Bullish & Bearish Engulfing Candle 2- Bullish & Bearish 3 Strike Candle 3- Bullish & Bearish 180 Degree Candle It has 3 variables 1- Bar Fullness - Differs from %50 - %100 showing 1 candle's fullness 2- Avg. Backwds Candls - Gets the average weight of the backward candles 3- Avg. Bar Height Multiplier - This variable is multiplied by above value to determine engulfing candles. Plots: - Green & Red Arrows Only : Shows Bullish & Bearish engulfing candles - Green & Red 180 : Shows a bullish or bearish engulfing candle taken over by a bigger opposite candle - Green & Red 3S : Shows bullish & bearish 3 strike candle formation Please feel free to comment your thoughts below. See you.
Penunjuk Pine Script®
oleh SenatorVonShaft
Bull Bear Correlation Tracker PaneThe Bull Bear Correlation Tracker is a versatile indicator designed to help traders identify the direction and strength of market trends by comparing the price action of multiple assets. It is particularly useful for those who are familiar with the carry trade principle, as it can detect when positively or negatively correlated assets move in favor or against the asset being traded. This indicator can be used for various markets, including crypto and forex, by simply adjusting the default options. Key features of the Bull Bear Correlation Tracker include: Multiple methods for determining trend direction: Supertrend, Pivot Point SuperTrend by LonesomeTheBlue, MACD - Zero Cross, and MACD - Grow/Shrink. These methods help traders identify the primary trend direction and potential trade opportunities. Optional slow trend display for additional insights into market trends, allowing traders to analyze both short-term and long-term trends simultaneously. Supports up to three symbols, enabling traders to analyze multiple assets simultaneously and better understand their correlation. Assumed correlation settings to test traders' hypotheses about asset relationships, allowing traders to make informed decisions about potential correlations between different assets. Customizable correlation period and smoothing settings to fine-tune the indicator's performance, providing traders with the ability to optimize the indicator based on their preferred trading style and market conditions. Market hours filter to focus on specific trading hours, ensuring that the indicator only displays data during the hours specified. Customizable color settings for easy visualization of trends, helping traders quickly identify the direction and strength of market trends. Correlation histogram display to visualize asset relationships, providing traders with a clear visual representation of how different assets are correlated. This indicator can be used to either force the correlation to be assumed positive or negative if the trader knows the correlation, or to use the actual data calculated between the traded asset and other assets if the correlation is broken often. This flexibility makes the Bull Bear Correlation Tracker suitable for trading various assets, including cryptocurrencies and forex, as well as for traders with different levels of experience. By utilizing the Bull Bear Correlation Tracker, traders can gain valuable insights into market trends and correlations between different assets, helping them make more informed decisions and improve their trading strategies. Note: I used back-testing for fine tuning do not base your trades on signals from the testing framework.
Penunjuk Pine Script®
oleh farkasszilard
Rotational Gravity OscillatorMade using elements from two Cheatcountry scripts: Includes a Bollinger Band for bounds that forms a trend follower based on the 0 point. Includes CheatCountry color code signals, different color scheme. Bright colors are strong signals, ark are weak, green bull, red bear, the basics. Switches for Bollinger Band color codes, which can actually be useful signals. This oscillator can be used for divergences, trends, signal strength, confirmation, volatility readings, you name it. It is a comparative oscillator, that compares adaptively smoothed, weighted modified Change of Gravity oscillators between 2 symbols and multiple lengths to determine directional momentum as one asset compares to another. The default uses the Crypto TOTAL market cap to help trade cryptocurrencies. You will notice that BTC will give sell signals in uptrends at times. That is because it is being compared to an index of the total Crypto market cap, and since alt-coins move faster, BTC will lag behind this index. Give CheatCountry a follow, hes one of the MVPs of Tradingview Pinescripters, constantly giving us access to novel new concepts as they are published by professionals.
Penunjuk Pine Script®
oleh burgercrisis
[blackcat] L2 Bull-Bear MomentumLevel 2 Background Momentum effect is generally called "inertia effect". Momentum effect was proposed by Jegadeesh and Titman (1993), which refers to the tendency of the return rate of the stock to continue the original direction of movement, that is, the return rate of the stock with a higher return rate in the past period will still be higher than the return rate in the past low-yielding stocks. Function The Bullish and Bearish Momentum Technical Indicator is a strategy for buying and selling by analyzing the strength and weakness of recent price trends. Traders seek to take advantage of the rising or falling trend of stock prices. When this technical indicator indicates that the stock is entering a strong upward trend, the trader will buy the stock; Will choose to short the stock. In short, momentum trading is trading with the trend. Momentum trading is based on the idea that if there is enough momentum behind the current price action, it will continue to move in the same direction. When an asset reaches a higher price, it usually attracts more investor attention, driving up the market price. The price rise continues until sellers start to enter the market consistently, and once sellers slowly outpace buyers, momentum weakens and the trend may reverse. I have not marked special tags for this indicator usage. Users are expected to define according to their own understanding. On the whole, the basic usage is to start long positions when the first green column appears; when the first red column appears, close long positions or open short positions. Remarks Feedbacks are appreciated.
Penunjuk Pine Script®
oleh blackcat1402
1
Bull Bear Power VoidThere are a million oscillators out there based on volume. My biggest problem with them is that they simply tell you whether you have volume to the upside or volume to the down side. it's kind of tricks you with the lack of information into thinking you have a change in your trend or that you're going to be able to break out of a range across a moving average or through some trend line or support and resistance. However many of these Oscillators are failing because they lacked to tell you one key thing. they tell you that you have volume but they never tell you if it's enough volume. Even a popular indicator like the MACD can have its MACD Line crossing upwards over the signal, telling you that you have an uptrend but again it's still failing to give you the results of how much volume you have and is it enough volume in that crossover. It boils down to the one key fact that with out volume there is no momentum. This should be able to make trading crossovers a lot easier. So in today's video I'm going to show you the newest addition to the trading View Community Scripts and it is called, "The Bull Bear Void Volume Oscillator" From my own testing, this oscillator can predict weather the next candle will get you the move you need or not. In the markets you cannot have anything good without volume. after you have volume you have momentum. you cannot have momentum without volume and this is the key thing that causes people to fail when they look for breakouts, trend reversals, or if they're wondering whether this move is a fake out. This indicator is based on the study volume spread analysis or VSA. This indicator is designed to be paired perfectly with the Heiken Ashi Algo oscillator. www.INSERTA-LINK-HERE.com This indicator is strictly to be used as a confirmation indicator and not to be used by itself to tell you when to buy or sell. what are its parts. The void is a bullish and bearish Cloud that appear extending from the center of words and the center down words. This is the average range of volume. anything that appears to close inside of this void is usually a ranging volume and it is not enough to break the trend or break out. The MACD and MACD Signal Line Just like using the macd these two lines indicate whether the trend is moving up for the trend is moving down The Colored Columns RED Column - Indicates volume movie downward Light Red - indicates volume is pulling back from a downward move Green - indicates volume is moving upwards Light Green - indicates volume is moving down from an outboard move Rules for a SELL CONFIRMATION TRADE The macd line must be underneath the signal line and the macd line must be below the midline. A bullish column must appear below the midline and it must extend outside of the red void. if you are using the heikin-ashi Aldo oscillator you must also have a red heiken Ashi candle close below -10. To do a by trade you simply reverse the rules.
Penunjuk Pine Script®
oleh CoffeeshopCrypto
68
ndt Bull & Bearndt Bull & Bear là tìm hướng đi lên hay xuống; dễ dàng cho việc mua và bán. Chúc bạn nhiều may mắn. ndt cảm ơn mọi sự giúp đỡ của bạn để ra nhiều dụng cụ hỗ trợ các anh chị !!!! Chúc bình an. Khi thấy mũi tên XANH chỉ lên là Mua (long); Khi thấy mũi tên TRẮNG chỉ xuống là Bán (short) ========================================= ndt Bull & Bear used to find the trend; it is easy to use as color and Arrow indication When you see a Light BLUE arrow UP, indicate trending is UP (time to go long) When you see a WHITE arrow pointing down, indicate trending is DOWN (Time to short) ndt@copyright tin & sang
Penunjuk Pine Script®
oleh doinguoilacloi
Bull/Bear Buy/Bail CandlesBased on BullBearPower indicator, this is a heavily modified version with colored candles to show when bulls or bears are buying or bailing. Includes Fibonacci Levels based on Highest/Lowest value in variable length, along with optional second timeframe and alternative calculation for candles and linear regression curves for increased versatility. Green = bullish /long, Aqua = still-bullish albeit weakening, blue = weak albeit strengthening and red = weak/short. Perfect as a confirmation indicator for those looking to time markets.
Penunjuk Pine Script®
oleh EsIstTurnt
1
Bull& Bear Bars Count/CalculatorIn bull trend, bull bars are more than bear bars and vice versa. More important, if the bull/bear bars are more continuous, the trend is typically stronger. So, if the bars amount is visualized, it would be much more easier to identify the unfolding trend in front of you. This indicator shows you the amount of bull/bear bars by columns. The higher the column, the bars are more continuous, the trend is stronger.
Penunjuk Pine Script®
oleh yeungshawn
Combo 2/20 EMA & Bull And Bear Balance This is combo strategies for get a cumulative signal. First strategy This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Second strategy This new indicator analyzes the balance between bullish and bearish sentiment. One can cay that it is an improved analogue of Elder Ray indicator. To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb. WARNING: - For purpose educate only - This script to change bars colors.
Strategi Pine Script®
oleh HPotter
1
XTZ trading strategy for Bear monthsThis is my 3rd approach into trading XTZ. It is tuned into bear months and needs to work for at least 30 days. It looks at the rebalance oscillator and bear market indicator and tries to find a position in the market that does not lose money within the month. Use the cog icon to update the trading window to fit previous months, and check out the data window for its real performance. Do not rely on the Strategy Tester since this strategy is performing only with `strategy.order` making the values of the Strategy Tester irrelevant and inconsistent with its performance.
Strategi Pine Script®
oleh hugodanielcom
Rebalance as a Bear/Bull indicatorCheck if the current market has a Bear tendency or a Bull tendency. Bear areas are marked as red squares going down from 0. Bull areas are marked as green squares going up from 0. Buying/Selling windows of opportunity On top of the Bear/Bull squares, this indicator tries to show you the windows where to look for good buying/selling opportunities. These are marked as full columns: Blue columns represent a window to look out for good buying opportunities Pink columns represent a window to look out for good selling opportunities How is this possible? This is an indicator of a simple idea to check if the market has a Bear or Bull tendency: 1. Start with a virtual portfolio of 60/40 tokens per fiat. 2. Rebalance it when its ratio oscillates by a given % (first input) 3. Count the number of times the rebalancer buys, and sells 4. When the number of buys is greater than the number of sells => the market is going down 5. When the number of sells is greater than the number of buys => the market is going up This is shown as the "Bear/Bull Strength" squares (red when bear, green when bull) An extra rebalancer is also kept that works at each bar (regardless of the input %). This is used to calculate an amount of tokens beying sold/bought and used as a "market force" coefficient. Another extra: based on both the bear/bull strengh and market force an attempt is made to provide good buying/selling windows of analysis. The blue background is a buying opportunity, the red background is a sell opportunity. In a bear market sales are delayed, and in a bull market buys are delayed.
Penunjuk Pine Script®
oleh hugodanielcom
CandleEvaluationLibrary "CandleEvaluation" Contains functions to evaluate bullish and bearish, engulfing, and outsized candles. They are different from the built-in indicators from TradingView in that these functions don't evaluate classical patterns composed of multiple candles, and they reflect my own understanding of what is "bullish" and bearish", "engulfing", and "outsized". isBullishBearishCandle() Determines if the current candle is bullish or bearish according to the length of the wicks and the open and close. int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar. returns Two values, true or false, for whether it's a bullish or bearish candle respectively. isTripleBull() Tells you whether a candle is a "Triple Bull" - that is, one which is bullish in three ways: It closes higher than it opens It closes higher than the body of the previous candle The High is above the High of the previous candle. int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar. returns True or false. isTripleBear() Tells you whether a candle is a "Triple Bear" - that is, one which is bearish in three ways: It closes lower than it opens It closes lower than the body of the previous candle The Low is below the Low of the previous candle. int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar. returns True or false. isBigBody() Tells you if the current candle has a larger than average body size. int _length - The length of the sma to calculate the average float _percent - The percentage of the average that the candle body has to be to count as "big". E.g. 100 means it has to be just larger than the average, 200 means it has to be twice as large. returns True or false isBullishEngulfing() Tells you if the current candle is a bullish engulfing candle. int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar. int _atrFraction The denominator for the ATR fraction, which is the small amount by which the open can be different from the previous close. returns True or false isBearishEngulfing() Tells you if the current candle is a bearish engulfing candle. int _barsBack How many bars back is the candle you want to evaluate. By default this is 0, i.e., the current bar. int _atrFraction The denominator for the ATR fraction, which is the small amount by which the open can be different from the previous close. returns True or false
Perpustakaan Pine Script®
oleh SimpleCryptoLife
16
Bull and Bear Marubozus Candlestick PatternMarubozus are an interesting candle pattern wherein the close and open of the candle are also the high / low points of the candle. In other words, a candle with no shadows or wicks. How reliable are they, though? Probably not very reliable on their own. It may also depend on the size of the candle. You would probably want to incorporate this candle pattern with other filters, like RSI, MACD, to filter trade opportunities.
Penunjuk Pine Script®
oleh UnknownUnicorn20967364
3
KINSKI ADXThis ADX indicator (Average Directional Index) tries to estimate the strength of a trend. The Average Directional Index is derived from the positive (+DI) and the negative directional indicator (-DI). The direction of movement is determined by comparing the highs and lows of the current and past periods. As soon as the indicator determines a trend strength for upward or downward trend, a label is displayed. An upward trend is labelled "Bullish Trend". The downward trend bears the label "Bearish Trend". The clouds in the background represent the movements of the Average Directional Index High/Low: Color orange: neutral, uncertain in which direction it is going. Color green: upward trend Color red: downward trend The line represents the average value of the ADX signal: Color orange: neutral: still uncertain in which direction it is going Color green / outgoing line: upward trend Color green / descending line: weakening upward trend Color red / exiting line: downward trend Color red / descending line: weakening downward trend The following configurable options are possible: "ADX Smoothing Directional Index Length Level Range Level Trend
Penunjuk Pine Script®
oleh KINSKI
7
Best Bulls Bears Volume trend Breakout V2 [badshah_e_alam]This is a intraday indicator. Only to be used on timeframe less than daily charts. This indicator purely uses volume to plot the graph. The indicator helps in conforming a breakout strategy. This indicator is advanced version of my previously developed indicator you can check this link Total volume is made up of buying volume and selling volume . Buying volume is the number of shares, contracts, or lots that were associated with green bars, and selling volume is the number that were associated with red bars. The labels on the right side are the current bar value and that days bulls /bears weightage. the first value shows the current bar volume. second value show the bulls weight in % third value show the bears weightage throughout the day ( %) The Blue plot in graph keeps the track of bulls movement in intraday( %) The Red plot in graph keeps the track of bears movement in intraday ( %) X axis is time. Y axis ranges from 100 to -100 I use 1:2 risk to reward ratio. Do your own research. **not a financial advice** Example of price increasing, volume decreasing this indicator can be used for confirming a breakout strategy with bulls or bears in action. In the current example, the buyer’s volume percentage is reducing and the price is increasing throughout the day. Hence a breakout of the trendline is confirmation of a short trade. Example of Price reducing, volume decreasing example of price moving down , bears losing the grip Example of price decreasing volume increasing Thanks to nizar9599 for giving idea to improve my previous indicator. DISCLAIMER Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the user based on information received or a market analysis is expressly excluded by me. All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments. Do your own research, This is not a financial advice.
Penunjuk Pine Script®
oleh TJalam
56
Percentile Rank Market FilterA simple script to filter bull and bear markets by using percentile rank filter. Using market regimes to filter by bull/bear/sideways markets helps to understand how your strategy will behave in various market regimes and allows you to avoid unprofitable regimes and only trade in profitable ones. The idea of market regime filtering is used in the most successful technical algorithmic trading strategies, as one should always design a trading strategy with a particular market in mind according to trading legend, Larry Connors Feel free to use this script in your strategies to improve your profits and lower drawdowns.
Penunjuk Pine Script®
oleh TraderHalai