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Trend Strength Indicator - "Tren"The Tren indicator is a combination of Trend Strength Indicators that I combined in an attempt to better aid position taking. It utilizes certain conditions amongst trend strength indicators and plots numbers 0-12 above (if bullish) or below (if bearish) depending on the conditions. The higher the number, the stronger the Trend Strength is. If one wanted to go long or short, but the trend strength was weak - a trader might want to reconsider their position. If a trader was currently in a position and experienced a retrace, but the trend strength was high and in their favor, a trader might use this indicator to reconsider exiting a trade - therefore maximzing profits. This indicator is not currently for sale, and is in its beta stages. Follow me for more updates and indicators.
Penunjuk Pine Script®
oleh TheYeet
1
Trend-following Microprofit w/ Smart DCA BACKTESTING VERSIONCompanion to the alert script: Tradingview doesn't like backtesting with too little capital or trade sizes less than 1 share, so the "Net Profit" number may not be accurate right off the bat. To get a better idea, change the order size or initial capital so the strategy is trading the appropriate % of initial capital. For example, if your personal capital is $2000 and you are making $100 trades, your trades are 5% of initial capital. That is roughly equivalent to the defaults using orders of 1 BTC with $100,000 capital. Tightening the stop level will improve the Net Profit to Max Drawdown ratio, making the strategy more suitable for large trade sizes. This script does not provide alerts for Gunbot. Find the settings you like using this strategy script, then plug those values into the alert script. If you like this you can buy me chocolate below. Cheers!
Strategi Pine Script®
oleh Gesundheit
28
Trend Volume Accumulation R1 by JustUncleLThis simple indicator shows the Accumulated Volume within the current uptrend or downtrend. The uptrend/downtrend is detected by a change in direction of the candles which works very well with Heikin Ashi and Renko charts. Alternatively you can use a Moving average direction to indicate trend direction, which should work on any candle type. You can select between 11 different types of moving average: SMA = Simple Moving Average. EMA = Exponential Moving Average. WMA = Weighted Moving Average VWMA = Volume Weighted Moving Average SMMA = Smoothed Simple Moving Average. DEMA = Double Exponential Moving Average TEMA = Triple Exponential Moving Average. HullMA = Hull Moving Average SSMA = Ehlers Super Smoother Moving average ZEMA = Near Zero Lag Exponential Moving Average. TMA = Triangular (smoothed) Simple Moving Average. Here is a sample chart using EMA length 6 for trend Direction:
Penunjuk Pine Script®
oleh JustUncleL
5
Trend Pullback Reversal TPRThe TPR(Trend Pullback Reversal) indicator forms a possible price trend with support and resistance lines. It also comes with a unqiue band and center line as additional features. TPR works on all timeframes and all symbols and all type of bar chart. TPR never repaints. There are 4 Parameters: Period: umber of bars used for calculations Factor: Multiplier factor, small number for short trend, large number for long trend Source: the input series, default is Close ShowBand: enable to show band and center line Most trend indicators have similar plot, the difference is where and when they change the direction. Unlike other trend indicators, TPR will focus on main trend and filter out most minor price movements. The green cross-line represents an uptrend, the red cross-line represents a downtrend. The additional band and center line may look like bollinger band, but the TPR band algorithm is completely different from bollingerband. There is no standard deviation in TPR band calculation.
Penunjuk Pine Script®
oleh Patternsmart
52