HLC True Strength Indicator (with Vix)HLC True Strength Indicator Volume Weighted with Vix Line by SpreadEagle71
This indicator is a True Strength Indicator with Close, High and Low used together, along with the TSI of the Vix.
The white line is the close. The red line is the lows and the blue is the highs. These are also volume-weighted.
How to Interpret:
1. zero line crosses. If SPY/SPX500 crosses the zero line, then its bullish. If the purple Vix line crosses up, watch out because this is bearish.
2. white/blue/red lines cross purple (Vix). If they cross upwards, this is bullish. If downward, this is bearish. Basically, SPX, ES1!, SPY or even DIA can be used. The security and the Vix should travel in opposite directions and cross the zero-line at the same time. But this is not always the case.
3. Black area infills. These are used between the close and the highs (blue) and the lows(red). Close should not be between these in order to have momentum.
4. Close (white line) leads. Close is the last price so it tends to show where the others (highs and lows) are going. If the close is sagging below a high where the blue lines are on top, this could mean that there is a reversal coming. Same holds true for a white line above a "valley" formed by the blue and red lines; it could mean a reversal to the upside soon.
5. The Black Infill areas as a squeeze or contraction/expansion area. The thinner the black infill areas, the more of a momentum "squeeze" could be present. Wide black infill areas mean increased volatility and what may come next is a reversion to the mean for volatility. See TTM Squeeze Indicator or the Squeeze Momentum Indicator (kudos LazyBear).
Lastly, just remember indicators indicate; they are not magic. :)
SpreadEagle71
Cari dalam skrip untuk "spx"
world stage index ver02This is an indicator that expresses the ratio of "stage1" and "stage4" of world index.
40 symbols are as follows
("TVC:SHCOMP" is revised to "SSE:000001")
(JAPAN, US, EUROPE, and CANADA)
OSE:NK2251!, DJ:DJI , NASDAQ:IXIC, SP:SPX , XETR:DAX, TVC:CAC40 , TVC:UKX, TSX:TSX
(ASIA)
SSE:000001, SZSE:399001, TVC:HSI, TWSE:TAIEX, BSE:SENSEX , OANDA:SG30SGD, INDEX:KSI, SET:SET
(EUROPE)
INDEX:SX5E, INDEX:FTSEMIB, SIX:SMI , BME:IBC, EURONEXT:BEL20, TVC:AEX, OMXCOP:OMXC25, XETR:0Q5X
(Pacific Ocean)
ASX:XJO, TVC:NZ50G, IDX:COMPOSITE, FTSEMYX:FBMKLCI, BMFBOVESPA:IBOV, BMV:ME , BVL:SPBLPGPT, BYMA:IMV
(Eastern Europe & Middle East)
MOEX:IMOEX, GPW:WIG20, OMXHEX:OMXH25, OMXSTO:OMXS30, DFM:DFMGI, TADAWUL:TASI, OSE:GNRI, EGX:EGX30
The criteria are as follows:
EMA5≧EMA20≧EMA40 : Stage1
EMA5≦EMA20≦EMA40 : Stage4
A.The sum of Stage1 was multiplied by 2.5 and drawn on a scale of 0 to 100, with yellow area
B.The Sum of Stage4 was multiplied by 2.5 and drawn on a scale of 0 to 100, with blue area.
C. The ratio of A/B was multiplied by 2.5 and drawn on a scale of 0 to 100, with red lines.
This idea is from Kojirou Kousi.
40 symbols of this script are partially different from Kojiro kousi's idea.
But he said the difference isn't matter.
tradingview社の上海総合指数の銘柄コード変更に合わせて、"TVC:SHCOMP" を "SSE:000001"に改訂しました。
「小次郎講師指数」に着想を得た、世界40カ国の株価指数stage状態です。
参考文献は、小次郎講師著書「世界一わかりやすい投資の勝ち方」です。
小次郎講師とは一部異なるシンボルを採用していますが、
多少の違いは余り大した問題では無いと御本人から教わった事があります。
先進国に関してはおそらくほとんど同じだと思います。
stage1の合計の%を黄色、stage4の合計の%を青色、stage1の合計/stage4の合計の%を赤で表示しています。
雰囲気で分かればいいので、正確な数字までは表示しませんでした。
個人的には現状分析以外にも、プラクティス時に世界情勢を把握するのに重宝しています。
Volatility Adapted Relative StrengthVARS uses a stock's ALPHA in comparison to the SPX to determine whether there is RS on an volatility adjusted basis.
SPXL Futures Strategy- Buy/sell signals for SPXL using futures momentum.
- For real-time signals at close, use ES1! on 2 minute chart and sign up for real-time cboe mini futures data feed in tradingview.
- All buys and sells are at near close of US RTH market at 4pm.
- Best to use the script with other breadth signals to decide on trading strategy.
- Script is compatible with SPY, SPXL, RSP, QQQ, TQQQ and many other SPX correlated tickers, however it’s primarily developed for SPX.
Relative Strength with S&P500Relative Strength (RS) - S&P500
Relative Strength with compare to SPX - US S&P 500. This indicator shows Strength compare to SPX.
VolatilityDivergenceRedGreen by STTAName: VolatilityDivergenceRedGreen by STTA
- Underlying and implied volatiliy normally show negative correlated behavior (price rises, vola falls and vice versa)
- This study shows symbols in on candles in chart where Undelying and corresponding vola index show same bahvior for 1,2 or 3 consecutive bars. (price rises and vola rises and vice versa)
- This situation is called Vola Divergence. Red, when prices and vola fall; green, when price and vola rise
- This information can be used to detect possible end of Up/Down-Swings.
- User can configure if rising or falling or both price movements shall be displayed.
- This study can be used with root symbols, which provide corresponding volatility indices.
- supported Root Symbols: SPX, NDQ, DJI, RUT, CL, XLE, GC, SI, EUR, HSI, FXI, EWZ, AMZN, AAPL, GS, GOOG, IBM, DEU40
- in all other symbols, no symbols are displayed.
Inputs
- underlying displayed in chart
Settings/Parameter
- each Divergence can be switched off/on separately
- output of each displayed symbol can be configured
Outputs
- RedDiv1: first bar with rising price and rising volatility index
- GreenDiv1: first bar with falling price and falling volatility index
- RedDiv2: second bar in a row with rising price and rising volatility index
- GreenDiv2: second bar with falling price and falling volatility index
- RedDiv3: third bar in a row with rising price and rising volatility index
- GreenDiv3: third bar in a row with falling price and falling volatility index
Live off your portofolio (decumulate)This indicator simulates living off your portofolio consisting of a single security or stock such as the SPY etf or even Bitcoin. The simulation starts at a certain point on the chart (which you input as year and month).
Withrawals from the portofolio are made each month according to the yearly withdrawal rate you enter, such as the 4% SWR. The monthly withdrawal income is calculated in USD at the beginning of the retirement period and then adjusted according to the US inflation (CPI) on 01/01 of each year.
The blue graph represents the USD value of the remaining portofolio.
This indicator is meant to be used on daily, weekly or monthly time frame. It may not work properly (and makes little sense to use) on intraday timeframe or larger time frames such as quarterly (3M).
When withdrawing, the indicator considers that fractional stock values can be used (the portofolio value is kept as a float). This may not be true, as most stock brokers currently don't allow this.
It does not explicitly take into account dividends. In order to do this you will have to enable "Adjust for dividends" by clicking on "adj" in the lower right corner of the screen, or by using the indicator on a Total Return (TR) index such as DAX. Unfortunately SPX does not have dividend data, you will have to use the SPY etf (which doesn't have a long history)
Relative StrengthRelative Strength show the quotient (ratio) between a numerator (Your Security) and a common denominator (SPX, BTC, ...).
I inspired myself from already established indicators. But I've made my own because I had some issues with others.
Sometimes the moving average weren't fixed but where floating through the window.
Sometimes the colors (Up, Down) were inaccurate because the compiler didn't notice infinitesimal changes (0.0001 > 0.0002)
Thanks.
(The Relative Strength indicator is at the top of the chart.)
Ratio (Relative Strength) & EMAsRatio (Relative Strength) & EMAs
This indicator is used to compare the actual symbol with another one by calculating the ratio. EMA1 and EMA2 of the ration are shown as well. The idea is to choose an index like the NDX or SPX for comparison and to determine if the actual symbol outperforms the index or not - separate the wheat from the chaff. The rules are as follow:
When the calculation ratio (symbol divided ratio symbol) is above EMA1 and EMA1 is above EMA2) the background turs green. If not the background turn red.
Relative Strength ComparisonThis script plots the ratio between a ticker and the selected index. Currently, I have US equities indexes listed + BTC. It's a great way to check for relative strength, determine if absolute highs relative to the ratio are being made, etc.
Additionally, optional comparison of the RSI is included. I was just testing something out but figured I'd leave in here because why not. If you use this, enable the 1.0 line.
Script is a bit slow, will try to optimize eventually.
world stage indexThis is an indicator that expresses the ratio of "stage1" and "stage4" of world index.
40 symbols are as follows
(JAPAN, US, EUROPE, and CANADA)
OSE:NK2251!, DJ:DJI, NASDAQ:IXIC, SP:SPX, XETR:DAX, TVC:CAC40, TVC:UKX, TSX:TSX
(ASIA)
TVC:SHCOMP, SZSE:399001, TVC:HSI, TWSE:TAIEX, BSE:SENSEX, OANDA:SG30SGD, INDEX:KSI, SET:SET
(EUROPE)
INDEX:SX5E, INDEX:FTSEMIB, SIX:SMI, BME:IBC, EURONEXT:BEL20, TVC:AEX, OMXCOP:OMXC25, XETR:0Q5X
(Pacific Ocean)
ASX:XJO, TVC:NZ50G, IDX:COMPOSITE, FTSEMYX:FBMKLCI, BMFBOVESPA:IBOV, BMV:ME, BVL:SPBLPGPT, BYMA:IMV
(Eastern Europe & Middle East)
MOEX:IMOEX, GPW:WIG20, OMXHEX:OMXH25, OMXSTO:OMXS30, DFM:DFMGI, TADAWUL:TASI, OSE:GNRI, EGX:EGX30
The criteria are as follows:
EMA5≧EMA20≧EMA40 : Stage1
EMA5≦EMA20≦EMA40 : Stage4
A.The sum of Stage1 was multiplied by 2.5 and drawn on a scale of 0 to 100, with yellow area
B.The Sum of Stage4 was multiplied by 2.5 and drawn on a scale of 0 to 100, with blue area.
C. The ratio of A/B was multiplied by 2.5 and drawn on a scale of 0 to 100, with red lines.
This idea is from Kojirou Kousi.
40 symbols of this script are partially different from Kojiro kousi's idea.
But he said the difference isn't matter.
「小次郎講師指数」に着想を得た、世界40カ国の株価指数stage状態です。
参考文献は、小次郎講師著書「世界一わかりやすい投資の勝ち方」です。
小次郎講師とは一部異なるシンボルを採用していますが、
多少の違いは余り大した問題では無いと御本人から教わった事があります。
先進国に関してはおそらくほとんど同じだと思います。
stage1の合計の%を黄色、stage4の合計の%を青色、stage1の合計/stage4の合計の%を赤で表示しています。
雰囲気で分かればいいので、正確な数字までは表示しませんでした。
個人的には現状分析以外にも、プラクティス時に世界情勢を把握するのに重宝しています。
Improved Bollinger Swing Strategy Stock NasdaqThis is an improved bollinger band strategy adapted to Nasdaq Index/Stocks.
The new update include a multiple logic calculation BB adapted for long and short, together with a risk management using movement in %.
Rules for entry
For long we have a crossover between the close and the lower band from the bb
For long we have a crossover between the close and the upper band from the bb
Rules for exit
We exit when we either find a reverse condition, or if we hit the take profit/stop loss levels.
If you have any questions, let me know !
Stock trending strategy This is a long only strategy designed maily for stock markets and futures. In general it works best with 1h, however it can be optimized with other timeframes as well.
Components:
VWAP
MACD histogram
EMA 9
Rules for entry
Long :
For VWAP: close is above the vwap daily
EMA: close is above the moving average
MACD histogram is above 0
Short:
For VWAP: close is belowthe vwap daily
EMA: close is below the moving average
MACD histogram is below 0
Rules for exit
This strategy does not have any risk management inside. Instead it exits whenver it receives an opposite signal form the original one used for entry.
If you have any questions let me know !
Ichimoku with MACD/ CMF/ TSIThis is a very powerful trend strategy designed for markets such as stocks market , stock index and crypto.
For time frames I found out that 1h seems to do the trick.
Components:
Ichimoku full pack
MACD histogram
CMF oscillator
TSI oscillator
Rules for entry
Long :
For Ichimoku:Tenkan part of cloud is bigger than kijun, Chikou is above 0 , close of a candle is above the Senkou
MACD histogram is above 0
CMF oscillator is positive and bigger than 0.1
TSI oscillator is above 0
Short:
For Ichimoku:Tenkan part of cloud is smaller than kijun, Chikou is below 0 , close of a candle is belowthe Senkou
MACD histogram is below 0
CMF oscillator is negative and below -0.1
TSI oscillator is below 0
Rules for exit
This strategy does not have any risk management inside. Instead it exits whenver it receives an opposite signal form the original one used for entry.
If you have any questions let me know !
REVERSALS
The systems basically play reversals, it enters when the close is lower than its low of 5 bars ago to enter
It exits when the price is higher than the high of 5 days ago
Uses a 200 MA as a market filter, does not trade when the price is below its 200 Moving average
Uses a 5% stop, as per the red Stop Loss Line -- can be adjusted
The amount of bars it uses to look for reversals is set to 5 by default, but can be adjusted in settings.
Best to use on directional instruments where you know that the long term direction is up, for example:
TQQQ, SSO, SPX, SPY, or sector tickers -- but it would be best to include some more advanced filtering for sectors
LargestMarketCapsThis trading system uses a MA to check if the LARGEST CAP stocks are above or below the MA.
You can see from the indicator below how well it manages to capture big moves.
It aggregates the data of all the tickers to create the histogram indicator at the bottom of the chart called MarketLeaders.
If a ticker is above its moving average, then the output will increase by +1 and -1 if a ticker is below its moving average.
This is a powerful system because it uses not only data from one stock but from the stocks that really affect the market big time. If those stocks don't do well, the market won't do well either.
Basically if all the market leaders are doing well, then this system will buy those 20 tickers and keep positions open until the MarketLeaders indicator crosses below 0 -- meaning red.
It also has a red stop loss line, with a wide 15% stop loss to keep us in the trades for the long term.
I've used a 5-day chart because I wanted fewer signals, but higher quality signals.
There are no profit targets, this exits when the indicator turns red -- meaning below 0 or if a position falls 15% in price.
The MA setting is adjustable, the default is 20
These are the tickers that the strategy and indicator currently looks at
The tickers will need to be updated every 6-12 months to remove and ad those who have dropped out of the largest 20 stocks.
It would be a good idea to create a watchlist and alerts for the Large Cap tickers so you can scroll through to see how the system performed on each ticker
"SPX"
"QQQ"
"AAPL"
"MSFT"
"GOOG"
"FB"
"BRK.A"
"TSLA"
"V"
"JPM"
"WMT"
"UNH"
"MA"
"KO"
"PYPL"
"PG"
"HD"
"DIS"
"BAC"
"ADBE"
"CMCSA"
"NKE"
RELATED IDEAS / Indicators
Market Leaders Ribbon
Market Leaders Large Performance Table
Financial Astrology Indexes ML Daily TrendDaily trend indicator based on financial astrology cycles detected with advanced machine learning techniques for some of the most important market indexes: DJI, UK100, SPX, IBC, IXIC, NI225, BANKNIFTY, NIFTY and GLD fund (not index) for Gold predictions. The daily price trend is forecasted through planets cycles (angular aspects, speed phases, declination zone), fast cycles are based on Moon, Mercury, Venus and Sun and Mid term cycles are based on Mars, Vesta and Ceres . The combination of all this cycles produce a daily price trend prediction that is encoded into a PineScript array using binary format "0 or 1" that represent sell and buy signals respectively. The indicator provides signals since 2021-01-01 to 2022-12-31, the past months signals purpose is to support backtesting of the indicator combined with other technical indicator entries like MAs, RSI or Stochastic . For future predictions besides 2022 a machine learning models re-train phase will be required.
When the signal moving average is increasing from 0 to 1 indicates an increase of buy force, when is decreasing from 1 to 0 indicates an increase in sell force, finally, when is sideways around the 0.4-0.6 area predicts a period of buy/sell forces equilibrium, traders indecision which result in a price congestion within a narrow price range.
We also have published same indicator for Crypto-Currencies research portfolio:
DISCLAIMER: This indicator is experimental and don’t provide financial or investment advice, the main purpose is to demonstrate the predictive power of financial astrology. Any allocation of funds following the documented machine learning model prediction is a high-risk endeavour and it’s the users responsibility to practice healthy risk management according to your situation.
Moving Average Color StrategyHello,
Strategy based on scrips "Moving Average Color Direction Detection" from Dreadblitz published on Aug 9, 2019.
You can chose MA type, length and reaction setting to adjust to time frame/ticker. Always seemed like RSI is ahead of actual price action
and just messing around with MA on the RSI .
Couple I found:
SPXS / SPXL 20M timeframe, MA 32 Reaction 2 (HullMA) 50% of equity so you dont lose everything :)
UVXY / SVXY 20M MA 32 Reaction 6 (HullMA) 50% of equity so you dont lose everything :)
APPLY to RSI , or any indicator really and play with Adjustments.
Momentum StrategyThis strategy uses momentum to determine when to enter and exit positions. The default settings are set to look for a new 63 day high (~1 trading quarter) and a new 40 day relative high. If the stock is trending above the 50 day moving average it is a candidate to be bought. Stops are triggered when price closes below the 20 day or 50 day EMAs depending on how well the stock is trending. A stop could also be triggered even if price continues to move up, but is breaking down on a relative basis to a benchmark either SPX or BTCUSD . The goal is to hold on to our winners for as long as possible and cut the losers as soon as possible. This will alow us to capture the majority of major trends while avoiding many large drawdown and relative losers.
(JS) BallistaAlright so this is a script I made by combining two existing ones and making a really cool discovery that has proven very useful.
You'll notice that there are two separate oscillators that are laid on top of each other. The background oscillator is my "Tip-and-Dip" oscillator which you can see here (will refer to this as TnD from here), and the foreground oscillator from the Squeeze , which can be viewed here .
Initially I just wanted to see how they interacted with one another and compare them, but this led to some pretty interesting observations.
First let me go through the options real quick to get that out of the way, though it is mostly self-explanatory.
Lookback Period defines the amount of bars used for the TnD oscillator.
Smoothing Value smooths out the TnD output.
Standard Deviations is used to calculate the TnD formula.
Color Scheme is preset BG colors.
Using Dark Mode changes colors based on dark mode or not.
Squeeze Momentum On turns the Squeeze in the foreground off and on.
Arrows Off turns the arrows on the indicator off and on.
Now to explain the indicator a bit more. I have the default lookback period as 40 due to the Squeeze being 20, which makes the TnD oscillator the "slow" output with the Squeeze being the "fast" output.
Some initial observations were that when both the Squeeze and the TnD are moving in the direction, when the Squeeze is higher (uptrend) or lower (downtrend) it seems to indicate strength in the move. As the move loses steam you'll notice the Squeeze diverge from the TnD.
However, the most useful thing I discovered about the interaction between these two indicators is where the name for it came from. So if you aren't familiar with what a Ballista is, per Wikipedia, "The ballista... sometimes called bolt thrower, was an ancient missile weapon that launched either bolts or stones at a distant target." There are instances where the Squeeze seems to get ahead of itself and gets too far away from the TnD (which is the long term trend between the two). The key thing to look for is an "inverted squeeze" - this is when the squeeze oscillator ends up flipping against the TnD. When this occurs there is an extremely high probability that you'll see price shoot back the opposite way of the Squeeze.
I've been using this setup myself for about a year now and have been very satisfied with the results thusfar. I circled some examples on the SPX daily chart here to show you what I mean with the inverted Squeeze shooting back.
The Box Percent StratHi guys,
Version Zero (more work needed) of an idea I've been meaning to out into a strategy for a while. 🤯
This uses percent boxes🤔 instead of traditional indicators like RSI, MACD etc. 🤫
Takes the first close price of the series and creates a Top Band 10% up, buys if price reaches that level, and puts a stop on a Bot Band, 10% down
When the first trade is in profit by another 10%, it enters another trade and moves the stop of the first trade to breakeven ~ this way it only has one unit of risk at a time
/// Designed for LONG only on Daily, 2D or 3D Charts👌🏻
/// Uses fixed investment risk amount, meaning you're willing to lose that amount per trade
/// Limit buy to not overpay on entries
/// Idea Based on the Darvas system:
/// System only enters trades on strength, when prices equals of exceeds the green line
/// It ads onto the trades, but only *IF* the previous trade is in profit by the UpBoxSize percent size
/// The trailing stop loss is moved up, with the red line
/// A key idea is to only take one unit of risk at a time, meaning for a new add on trade to be taken, the previous trade should be in profit by the same box size as the new new trade's stop loss
/// This will keep adding trades again and again, and they will stop out at the same stop loss
/// Yellow Circles is an MA that filters out choppy areas -- this system only does really well on trending linear markets like: TQQQ, SSO, SPX, SPY
/// Base setting is 10% UpBox Size and 10% DnBox Size: 15% & 15% will be more accurate but fewer signals. 13% profit and 10% stop loss will give a higher risk to reward ratio
Highest High, Lowest LowHi guys,
This is a simple indicator that I think looks 😎
Basically just determines what the Highest High and the Lowest Low for X bars is.
As many of you know, moving averages are quite susceptible to noise ~ I like how how this really shows key inflection points on the chart and reduces trade signal chop which leads to losses.
Seems to be a good system to use with bull flags, on tickers like: BTCUSD, TQQQ, SSO, SPX etc.
Highest High and Lowest Low lookback periods can be changed to your needs
Have included a Moving Average
Will be coding a strategy for this in the next couple of weeks.
Have included in an alert system
Spread from Moving average indicator is available under my other scripts -- seems to indicate when price momentum is starting to stall by price not moving further away from the moving average. That would indicate good points to take profits, as price will likely do a mean reversion 😭
