Dash System with RSI/MFI/Stoch MTFHere I am providing you Improved single system to get all components to take better and smarter trading decisions and improve your trading with
a) Dashboard - to gauge market sentiment across all TF.
b) VWAP – to get idea about trend and fair value of market.
c) BB – to get idea about volatility and contraction/expansion in price.
1.Gauge Sentiment across timeframe for various indicators in single dashboard.
RSI - to get the idea about relative price strength across all TFs.
MFI- gives idea whether trend is supported by volume or not across all TFs.
STOCH – IT is a range bound momentum oscillator. It is designed to display the location of the close compared to the high/low range over a user defined number of periods. You can use STOCH for Identifying overbought and oversold levels and also for identifying bull and bear set ups or signals across all TFs.
with this dashboard , you will get complete sentiment of market on your screen whether you use lower to upper TF or upper to lower TF approach. you can see market behavior and sentiment with these all in one dashboard across all TFs.
2.Dashboard better be used with MA or vwap to get trend direction and just for that this system has
a) VWAP- a technical analysis tool used to measure the average price weighted by volume . It's similar to a moving average in that when price is above VWAP , prices are rising and when price is below VWAP , prices are falling. VWAP is primarily used by technical analysts to identify market trend.
b) Bollinger Band - This is an oscillator meaning that it operates between or within a set range of numbers or parameters. the standard parameters for Bollinger Bands are a 20 day period with standard deviations 2 steps away from price above and below the SMA line. Essentially Bollinger Bands are a way to measure and visualize volatility . As volatility increases, the wider the bands become. Likewise, as volatility decreases, the gap between bands narrows.
Volatility can generally be seen as a cycle. Typically periods of time with low volatility and steady or sideways prices (known as contraction) are followed by period of expansion. Expansion is a period of time characterized by high volatility and moving prices. Periods of expansion are then generally followed by periods of contraction. It is a cycle in which traders can be better prepared to navigate by using Bollinger Bands because of the indicators ability to monitor ever changing volatility .
Read more about it on Bollinger Bands (BB).
And as a bonus added ability for BB to use SMA or EMA line as basis as per your comfort.
2. Added feature to change location of dashboard on chart, now you can place it on top left, top right, bottom left, bottom right corner of chart as per your comfort.
3. ability to hide/show for all TFs.
Now you can on/off 5min, 15 min, 30 min, 60 min, 4 hour, daily ,weekly and monthly TF column if you do not use it. you can keep and work with TFs as per your comfort and liking.
4. Added feature to hide/show indicators, MFI , Stoch , VWAP and BB Bands
Now you can on/off indicator s MFI , Stoch , VWAP and BB bands if you don't need them on dashboard as per your need.
Hope IT helps to take better trading decisions and improve your trading experience.
Cari dalam skrip untuk "mtf"
RSI/CCI/MFI/ADX/Stoch MTF DashBoardGauge Sentiment across timeframe for various indicators in single dashboard.
RSI - to get the idea about relative price strength across all TFs.
CCI /ADX- to get idea about power and strength in trend across all TFs.
MFI- gives idea whether trend is supported by volume or not across all TFs.
with this dashboard , you will get complete sentiment of market on your screen whether you use lower to upper TF or upper to lower TF approach. you can see market behavior and sentiment with these all in one dashboard across all TFs.
Better use this with MA or vwap to get trend direction.
Added feature to change location of dashboard on chart, now you can place it on top left, top right, bottom left, bottom right corner of chart as per your comfort.
2. Added ability to hide/show for all TFs.
Now you can on/off , 5min, 15 min, 30 min, 60 min, 4 hour, daily ,weekly and monthly TF column if you do not use it. you can keep and work with TFs as per your comfort and liking.
3. Added feature to hide/show indicators, MFI, CCI, ADX.
Now you can on/off indicator s MFI, CCI and ADX if you don't need them on dashboard as per your need.
Made dashboard cell width and height auto adjusted, so that it values can be visible fully on TV app on mobile too.
Hope it provides a better visual experience to read data on dashboard.
4. Added Stochastic as indicator to dashboard. STOCH is a range bound momentum oscillator. It is designed to display the location of the close compared to the high/low range over a user defined number of periods. You can use STOCH for Identifying overbought and oversold levels and also for identifying bull and bear set ups or signals across all TFs.
Hope IT helps to take better trading decisions.
OMEP S MTF [JoseMetal]PERFECT LONG EXAMPLE:
imgur.com
PERFECT SHORT EXAMPLE:
imgur.com
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ENGLISH
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- Description:
This indicator is based in one of my indicators (check my profile to test it), the OMEP S, which is a mix of RSI, MFI and Stochastic in order to take advantage of the best of each indicator and fix their weaknesses.
The purpose of this indicator is to create a multiple time frame oracle with 3 different timeframes, which allows you to see the overall status at a glance and find the perfect trigger for an entry.
- Visual:
Colors are THE SAME as the main indicator (again, the "OMEP S") to prevent confusion.
DOTS: crossover/under of the OMEP with its signal line.
CROSSES: the same, BUT stronger signal because the crossover occurs in the upper/lower area, meaning better entry.
A tag showing the current OMEP value of all timeframes appears at the end (right) of the indicator.
- Usage and recommendations:
For 1H you can set timeframes to 1H, 3H, and 8H, for 4H you can use 4H, 12H and D.
Whenever you get 3 crosses and you get the highlighted color (green/red) matching with the crosses = perfect entry.
Getting (for example) 1H cross, 3H cross but 8h is still different color is usually just a bounce or change of trend, is recommended to trade with the trend.
- Customization:
Everything you can customize in the OMEP S is also here, RSI, MFI and Stochastic periods, relevance in the calculations.
You can customize 3 timeframes to be shown at the same time.
Also, the margin for the tags showing OMEP value.
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ESPAÑOL
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- Descripción:
Este indicador está basado en uno de mis indicadores (revisa mi perfil para probarlo), el OMEP S, que es una mezcla de RSI, MFI y Estocástico con el fin de aprovechar lo mejor de cada indicador y mejorar o eliminar sus debilidades.
El propósito de este indicador es crear un oráculo de 3 marcos de tiempo simultáneos, lo que le permite ver el estado general de un vistazo y encontrar el gatillo perfecto para una entrada.
- Visual:
Los colores son LOS MISMOS que los del indicador principal (de nuevo, el "OMEP S") para evitar confusiones.
PUNTOS: cruces del OMEP con su línea de señal.
CRUCE: lo mismo, PERO una señal más fuerte porque el cruce se produce en la zona superior/inferior, lo que significa una mejor entrada.
Al final (a la derecha) del indicador aparece una etiqueta con el valor actual del OMEP en todos los marcos de tiempo.
- Uso y recomendaciones:
Para 1H se recomienda las temporalidades de 1H, 3H y 8H, para 4H se recomienda utilizar 4H, 12H y D.
Siempre que obtenga 3 cruces y obtenga el color destacado (verde/rojo) que coincida con los cruces = entrada perfecta.
Si se suceden 3 cruces sin que ninguna cambie de estado se mostrará el fondo de color, destacando una entrada perfecta.
Obtener (por ejemplo) 1H cruz, 3H cruz pero 8h sigue siendo de color diferente suele ser solo un rebote o cambio de tendencia, se recomienda operar con la tendencia y evitar esos casos o no optar por un take profit muy alejado.
- Personalización:
Todo lo que se puede personalizar en el OMEP S también está aquí, RSI, MFI y periodos estocásticos, relevancia en los cálculos.
Se pueden personalizar 3 marcos de tiempo para que se muestren al mismo tiempo.
También, se puede configurar el margen de las etiquetas en las que se muestra el valor del OMEP para cada temporalidad.
[MattLet] VWAPS + Standard Deviation Bands MTFVWAP is the volume-weighted average price for a futures contract plotted as a line on the price chart. The calculation is the sum of traded volume, multiplied by the price, divided by the sum of the traded volume.
This study has a number of uses. It provides the current volume-weighted average price for the trading day or the trading session.
I have added Standard Deviation Bands to the VWAP indicator. This indicator has three upper and three lower bands. The Standard Deviation Factor of these bands can be set in the parameters.
Features:
1 - VWAPS Multi Timeframe
2 - Standard Deviations Bands Multi Timeframe
3 - Colored candles/bars on "Daily Vwap" crossing up and down.
4 - Every elements styles edition.
MultipleRSI + MTFsHello everyone.
This script allows you to use three diverent RSI indicators with different timeframes. For the first RSI there is the possibility to show divergernces (regular & hidden) for two different lengths.
Cheers!
derThommmi
Multi-Timeframe (MTF) Dashboard by RiTzMulti-Timeframe Dashboard
Shows values of different Indiactors on Multiple-Timeframes for the selected script/symbol
VWAP : if LTP is trading above VWAP then Bullish else if LTP is trading below VWAP then Bearish.
ST(21,1) : if LTP is trading above Supertrend (21,1) then Bullish , else if LTP is trading below Supertrend (21,1) then Bearish.
ST(14,2) : if LTP is trading above Supertrend (14,2) then Bullish , else if LTP is trading below Supertrend (14,2) then Bearish.
ST(10,3) : if LTP is trading above Supertrend (10,3) then Bullish , else if LTP is trading below Supertrend (10,3) then Bearish.
RSI(14) : Shows value of RSI (14) for the current timeframe.
ADX : if ADX is > 75 and DI+ > DI- then "Bullish ++".
if ADX is < 75 but >50 and DI+ > DI- then "Bullish +".
if ADX is < 50 but > 25 and DI+ > DI- then "Bullish".
if ADX is above 75 and DI- > DI+ then "Bearish ++".
if ADX is < 75 but > 50 and DI- > DI+ then "Bearish+".
if ADX is < 50 but > 25 and DI- > DI+ then "Bearish".
if ADX is < 25 then "Neutral".
MACD : if MACD line is above Signal Line then "Bullish", else if MACD line is below Signal Line then "Bearish".
PH-PL : "< PH > PL" means LTP is trading between Previous Timeframes High(PH) & Previous Timeframes Low(PL) which indicates Rangebound-ness.
"> PH" means LTP is trading above Previous Timeframes High(PH) which indicates Bullish-ness.
"< PL" means LTP is trading below Previous Timeframes Low(PL) which indicates Bearish-ness.
Alligator : If Lips > Teeth > Jaw then Bullish.
If Lips < Teeth < Jaw then Bearish.
If Lips > Teeth and Teeth < Jaw then Neutral/Sleeping.
If Lips < Teeth and Teeth > Jaw then Neutral/Sleeping.
Settings :
Style settings :-
Dashboard Location: Location of the dashboard on the chart
Dashboard Size: Size of the dashboard on the chart
Bullish Cell Color: Select the color of cell whose value is showing Bullish-ness.
Bearish Cell Color: Select the color of cell whose value is showing Bearish-ness.
Neutral Cell Color: Select the color of cell whose value is showing Rangebound-ness.
Cell Transparency: Select Transparency of cell.
Column Settings :-
You can select which Indicators values should be displayed/hidden.
Timeframe Settings :-
You can select which timeframes values should be displayed/hidden.
Note :- I'm not a pro Developer/Coder , so if there are any mistakes or any suggestions for improvements in the code then do let me know!
Note :- Use in Live market , might show wrong values for timeframes other than current timeframe in closed market!!
Day/Week/Month/3M/6M/12M MTF breaks by makuchakuThis indicator plots breaks for multiple timeframes. Works on Daily to Yearly timeframes.
Currently supported timeframes :
Daily
Weekly
Monthly
Quarterly
Half Yearly
Yearly
It currently plots all breaks together. From Indicator settings hide what you don't need and save as default settings.
Renko LineBreak HeikinAshi background & MTFWe can have all the 3 types of candle plots (bar styles) over normal candles in the same chart.
We will have better picture on whats happening in specific chart candle type / bar style.
Option provided to turn off/on specific bar type.
Multi time frame is enabled.
Specific time frame can be chosen for individual bar style.
Multiple MTF Variable Moving Average by HassonyaVMA(Variable Moving Average) automatically adjusts its smoothing constant on the basis of Market Volatility.
Use VMA like other Moving Averages. This indicator lazybear's variable moving average has been upgraded and arranged in multi-time frame.
There are 5 variable moving averages whose periods can be changed.
Trend Direction Colors: GREEN COLOR = UpTrend, BLUE COLOR = Potential Congestion, RED COLOR = DownTrend.
If you want, you can use multi-time frame period breakouts
If you want, you can use moving average breakouts of different lengths in the same period.
In this way, you can use 5 moving moving averages in the same period or in different periods.
To activate, go to settings and activate the box to the left of the name. If you uncheck the box, the moving average will disappear.
Stay with the trade and investment. I wish you abundance.
muh gap! [FAIR VALUE GAP FINDER]Change the colors of the indicator to contrast your chart! Make sure to also change the transparency for the colors.
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This indicator finds fair value gaps which are inefficiencies in price delivery. Gaps can be used for entry or even bias.
I've included midpoints, lines, and boxes. Boxes have the greatest range with respect to historic PA so keep that in mind.
I will be updating this script in the future, potentially adding an MTF function, mitigation of gaps and alarms.
Let me know if you guys have any additional ideas.
Best,
P
Strat Radar_vtStrat Radar is a visual tool to trade "TheStrat" methodology.
TheStrat is a simple yet powerful model to view the market. From one bar to the next, there are only three possible scenarios or three types of candles:
type 1 - an inside bar. Market is in consolidation.
type 2 - a directional bar (2 up or 2 down). Market is trending.
type 3 - an outside bar. This is a broadening formation and market is taking liquidity from both upside and downside.
So by looking at candle type and combination, one can visualize what price is doing in the market.
Strat Radar makes it possible for user to see candle type and sequence for all major time frames – from a 5m bar to a yearly bar - all in one chart! And even better, it allows user to see not just one bar but last three bars!
Certain candle combination creates high probability trade setups, for example 2-1-2 or 2-2 reversals, so by looking at Strat Radar, user can quickly determine whether there are any good trading opportunities. The simple and visual layout makes it easy to go through a watch list and use Strat Radar as a scanner. There is no need to flip through multiple time frame charts.
Features:
Show candle type and color for twelve time frames from 5m to yearly bar
Show candle type and color for last three bars of each time frame
Location of candle number and candle color have specific meaning:
For non-directional bars ( 1 and 3):
Below candle means close > open
Above candle means close < open
For directional bar 2:
Below candle means: 2 up
Above candle means: 2 down
Candle color: green - close>open, red – close < open
A built-in trend strength system that can be turned on or off
A reversal marker that can be turned on or off. It is based on a combination of Strat candle sequence and trend strength
Since candle type and combination are clearly shown for each time frame, it is easy to determine whether is Full Time Frame Continuity (FTFC).
Strat Radar_vt is a light version of the full indicator and covers:
- most futures market
- 30 stocks in Dow Index
- Index and sector ETFs : SPY , QQQ , DIA, IWM , XLE , XLF , XLU , GDX , XLK , XLV , XLY , XLB , ITB , XRT , SMH , IBB , KRE , XLC , GDXJ , KBE
- Some key stocks: AAPL , AMZN , FB , GOOGL , TSLA , NVDA , NFLX
- Forex pairs: DXY , AUDCAD , AUDJPY , AUDNZD , AUDUSD , EURCAD , EURGBP , EURJPY , EURUSD , GBPJPY , GBPUSD , NZDUSD , USDCAD , USDJPY
Full version works on all stocks and assets. If you like this indicator and require the full version, please contact the author.
SSL ChannelSSL Channel:
Multiple Moving Averages to choose from (SMA, EMA, SMMA (RMA), WMA, VWMA)
Option for a second SSL Channel
MTF
[Sextan] T-Step LSMA MTF BacktestLevel: 1
NOTE: This is a request by @scantor516 to backtest T-Step LSMA by alexgrover with my Sextan framework. You can backtest many of my indicators in minutes now! Of course,you can define your own indicator in the highlighted area in compliance with the uniform format, which guarantee when you use "Indicator on Indicator" function, it would not produce any error.
Courtesy of alexgrover for his T-Step LSMA
Background
Backtesting of technical indicators and strategies is the most common way to understand a quantitative strategy. However, the complicated configuration and adaptation work of backtesting many quantitative tools makes many traders who do not understand the code daunted. Moreover, although I have written a lot of strategies, I am still not very satisfied with the backtest configuration and writing efficiency. Therefore, I have been thinking about how to build a backtesting framework that can quickly and easily evaluate the backtesting performance of any indicator with a "long/short entry" indicator, that is, a "simple backtesting tool for dummies". The performance requirements should be stable, and the operation should be simple and convenient. It is best to "copy", "paste", and "a few mouse clicks" to complete the quick backtest and evaluation of a new indicator.
Luckily, I recently realized that TradingView provides an "Indicator on Indicator" feature, which is the perfect foundation for doing "hot swap" backtesting. My basic idea is to use a two-layer design. The first layer is the technical indicator signal source that needs to be embedded, which is only used to provide buy and sell signals of custom strategies; the second layer is the trading system, which is used to receive the output signals of the first layer, and filter the signals according to the agreed specifications. , Take Profit, Stop Loss, draw buy and sell signals and cost lines, define and send custom buy and sell alert messages to mobile phones, social software or trading interfaces. In general, this two-layer design is a flexible combination of "death and alive", which can meet the needs of most traders to quickly evaluate the performance of a certain technical indicator. The first layer here is flexible. Users can insert their own strategy codes according to my template, and they can draw buy and sell signals and output them to the second layer. The second layer is fixed, and the overall framework is solidified to ensure the stability and unity of the trading system. It is convenient to compare different or similar strategies under the same conditions. Finally, all trading signals are drawn on the chart, and the output strategy returns. test report.
The main function:
The first layer: "{Sextan} Your Indicator Source", the script provides a template for personalized strategy input, and the signal and definition interfaces ensure full compatibility with the second layer. Backtesting is performed stably in the backtesting framework of the layer. The first layer of this script is also relatively simple: enter your script in the highlighted custom script area, and after ensuring the final buy and sell signals long = bool condition, short = bool condition, the design of the first layer is considered complete. Input it into the PINE script editor of TradingView, save it and add it to the chart, you can see the pulse sequence in yellow (buy) and purple (sell) on the sub-picture, corresponding to the main picture, you can subjectively judge that the quality of the trading point of the strategy is good Bad.
The second layer: "{Sextan} PINEv4 Sextans Backtest Framework". This script is the standardized trading system strategy execution and alarm, used to generate the final report of the strategy backtest and some key indicators that I have customized that I find useful, such as: winning rate , Odds, Winning Surface, Kelly Ratio, Take Profit and Stop Loss Thresholds, Trading Frequency, etc. are evaluated according to the Kelly formula. To use the second layer, first load it into the TrainingView chart, no markers will appear on the chart, since you have not specified any strategy source signals, click on the gear-shaped setting next to the "{Sextan} PINEv4 Sextans BTFW" header button, you can open the backtest settings, the first item is to select your custom strategy source. Because we have added the strategy source to the chart in the previous step, you can easily find an option "{Sextan} Your Indicator Source: Signal" at the bottom of the list, this is the strategy source input we need, select and confirm , you can see various markers on the main graph, and quickly generate a backtesting profit graph and a list of backtesting reports. You can generate files and download the backtesting reports locally. You can also click the gear on the backtest chart interface to customize some conditions of the backtest, including: initial capital amount, currency type, percentage of each order placed, amount of pyramid additions, commission fees, slippage, etc. configuration. Note: The configuration in the interface dialog overrides the same configuration implemented by the code in the backtest script.
How to output charts:
The first layer: "{Sextan} Your Indicator Source", the output of this script is the pulse value of yellow and purple, yellow +1 means buy, purple -1 means sell.
The second layer: PINEv4 Sextans Backtest Framework". The output of this script is a bit complicated. After all, it is the entire trading system with a lot of information:
1. Blue and red arrows. The blue upward arrow indicates long position, the red downward arrow indicates short position, and the horizontal bar at the end of the purple arrow indicates take profit or stop loss exit.
2. Red and green lines. This is the holding cost line of the strategy, green represents the cost of holding a long position, and red represents the cost of holding a short position. The cost line is a continuous solid line and the price action is relatively close.
3. Green and yellow long take profit and stop loss area and green and yellow long take profit and stop loss fork. Once a long position is held, there is a conditional order for take profit and stop loss. The green horizontal line is the long take profit ratio line, and the yellow is the long stop loss ratio line; the green cross indicates the long take profit price, and the yellow cross indicates the long position. Stop loss price. It's worth noting that the prongs and wires don't necessarily go together. Because of the optimization of the algorithm, for a strong market, the take profit will occur after breaking the take profit line, and the profit will not be taken until the price falls.
4. The purple and red short take profit and stop loss area and the purple red short stop loss fork. Once a short position is held, there will be a take profit and stop loss conditional order, the red is the short take profit ratio line, and the purple is the short stop loss ratio line; the red cross indicates the short take profit price, and the purple cross indicates the short stop loss price.
5. In addition to the above signs, there are also text and numbers indicating the profit and loss values of long and short positions. "L" means long; "S" means short; "XL" means close long; "XS" means close short.
TradingView Strategy Tester Panel:
The overview graph is an intuitive graph that plots the blue (gain) and red (loss) curves of all backtest periods together, and notes: the absolute value and percentage of net profit, the number of all closed positions, the winning percentage, the profit factor, The maximum trading loss, the absolute value and ratio of the average trading profit and loss, and the average number of K-lines held in all trades.
Another is the performance summary. This is to display all long and short statistical indicators of backtesting in the form of a list, such as: net profit, gross profit, Sharpe ratio, maximum position, commission, times of profit and loss, etc.
Finally, the transaction list is a table indexed by the transaction serial number, showing the signal direction, date and time, price, profit and loss, accumulated profit and loss, maximum transaction profit, transaction loss and other values.
Remarks
Finally, I will explain that this is just the beginning of this model. I will continue to optimize the trading system of the second layer. Various optimization feedback and suggestions are welcome. For valuable feedback, I am willing to provide some L4/L5 technical indicators as rewards for free subscription rights.
Bitcoin Movement vs. Coin's Movement MTFThis script tracks the percent change of Bitcoin vs. the percent change of the coin on the chart. Crypto markets are usually affected greatly by Bitcoin swings so being able to see if the given coin is trending above or below Bitcoin is useful market data. All choices made with this script are your own! Thanks.
Key Levels Importer (blockFlow)Introduction
This script was inspired by the Chart Champions team who generously share the key levels that they are monitoring with the group.
It provides a way for TradingView users to import the levels from a text file (known as the “dataset”) which can also be shared with the community.
The script will plot the levels with different colours depending on whether they are daily, weekly, monthly. volume or fibs.
It will also calculate and draw the high/low for the previous day.
The dataset
The format for the dataset is as follows:
:=::
The type value can be:
D - Daily level
W - Weekly level
M- Monthly level
V - Volume level (eg. VAH, POC, VAL)
F - Fib level
Alternatively you can use freeform text for the type but it may not be colour-coded as you wish
Note, lines and fields without an “=“ are ignored.
Example dataset
:#BTCUSD
:
:---------------------------
:Daily levels
:---------------------------
:
:D=57220:
:D=47724:
:D=40711:
:D=38190:
:D=29775.5:
:
:---------------------------
:Weekly levels
:---------------------------
:
:W=65560.5:
:W=50776:
:W=43190:
:W=31773:
:
:---------------------------
:Monthly levels
:---------------------------
:
:M=61421.5:
:M=43800:
:M=35027:
:
:---------------------------
:Fib levels MTF/HTF
:---------------------------
:
:F=59693.5:
:F=58521.5:
:F=44180.5:
:F=42481.5:
:F=28773:
:F=25984:
:
:---------------------------
:Other levels
:---------------------------
:
:nPOC=47980.5:
:nPOC=48340:
:Global_VAH=63775:
:Global_POC=57364.5:
:Global_VAL=40217:
:MTF_POC=47174:
:MTF_POC=34125.5:
How to import the dataset
It is recommended to create the dataset with a text editor.
To import it:
Open the indicator settings
Click the ‘Import Dataset’ field, press Control-A and Delete to clear out the contents
Copy/paste the dataset into the field
Click Ok
Additional settings
You can choose the line colour for each type of level
Show imported datarows - Check this box to displays the imported dataset values in tabular format on the bottom-left of the chart
Show yellow dots - Show yellow diamonds when price touches a level - see alerting below.
Hide levels > N% from current price - Levels more than 20% away from the current price will be hidden if this box is checked. The percentage value can be changed.
Alerting
The script can raise alerts when the price touches any of the levels.
This is visually represented on the chart by a yellow dot when the "show yellow dots option" is checked.
To avoid duplicate alerts when price repeatedly touches the level, the following criteria must be satisfied before an alert is raised (or a yellow dot printed).
1) Price first touches the level (open,high,low or close)
2) Price did not touch the level in the previous 10 candles
