4 Exponential Moving Averages + One Extra for 1D Charts4 Exponential Moving Averages + One Extra for 1D Charts
I use 4 EMAs for my 1 hour and 4 hours Chart.
Additionally for 1D Charts, sometime i need to use 9 EMA. Now is in place. Enjoy it!
I used them only for support my analisys based on Elliot Waves and Fibonacci projections and Retracements, which are my main strategy.
Cari dalam skrip untuk "wave"
Rainbow MA StudyI've been interested in 'Multiple Moving Averages' lately and came across another script on here for a Rainbow MA.
Unfortunately its source is private and I wanted to try things out with other MA types so I put this together.
I also wanted to make it a seperate study so I could view regular bars without the clutter.
The general rule of thumb with these is the larger the price movement the wider the lines become giving you sort of a wave effect.
When the lines bunch up together you know there's going to be a breakout opportunity that will present itself.
Partly art, partly practical, entirely overkill. Enjoy!
The anchor multiplier should basically allow you to view things in relation to another time period, but it takes forever to load and will likely time out.
Since there are 63 MA's being calculated and plotted changing options on the fly takes some time to process and load.
I'm also pretty new to pine script so it's probably not the best implementation.
MA types: EMA (default), SMA, WMA, VWMA, SMMA, DEMA, TEMA, HullMA, ZEMA, TMA, SSMA
Play around with these to see some different effects.
The white line is the current close price.
Color 1 МАs: 2,3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15
Color 2 MAs: 17, 19, 21, 23, 25, 27, 29, 31, 33, 35, 37, 39, 41
Color 3 MAs: 44, 47, 50, 53, 56, 59, 62, 65, 68, 71, 74
Color 4 MAs: 78, 82, 86, 90, 94, 98, 102, 106, 110, 114, 118, 122
Color 5 MAs: 126, 131, 137, 143, 149, 155, 155, 161, 167, 173, 179, 185, 191, 197
You can more easily change the colors at the top of this source code instead of one by one in the settings.
If you want this on your main chart instead of a separate window you'll just need to change overlay=true in the study.
References & Thanks:
JustUncleL:
For the timeframe anchor, MA variants, and generally awesome work. This is more practical.
StickyCheeba:
For the idea.
Here's some shots to get an idea of the differences.
HullMA:
VWMA:
SSMA:
TMA:
RSI + Stoch/RSIThis is a combination of 2 of the most used indicators. RSI and stochastic/RSI
Ive coded them both to work together to save space on your chart and work as only ONE indicator.
I specifically only use the D line with my rsi , but you have the option to use the K and D line if you so choose.
RSI is good for momentum
Stochastic is good for short term momentum.
They work very well together and if you are a swing trader or scalper they can help immensely when looking for sniper entry areas after you've done you're initial pattern, level, fibonacci and wave analysis.
I like the way this works and have been using these two indicators for a while so I figured I would share.
Happy new year everyone, God bless!
Dynamic Range Channel [DW]This is an experimental study that utilizes Kaufman's Adaptive Moving Average and the McGinley Dynamic.
First, a fast and slow KAMA based McGinley Dynamic are calculated. The divergence between them is used to indicate wave direction.
The channel's bounds are calculated by taking the highest high and lowest low of the slow McGinley Dynamic over a specified channel period.
The dynamic midline is calculated by taking the mean of the highest and lowest values over the specified channel period.
Custom bar colors are included.
Also includes Williams Fractals for additional confirmation signals.
Fibonacci Commodity Stenth IndexFibonacci Commodity Strength Value tells us about the strength and weakness of bull or bear market.
The main focus in this is too be done at reversal. It can also be used for identifying fake ups/downs.
If all the 4 lines moves upward after a huge up spike, then notice the values of all 4 values. If red fib is smaller than green fib then it is a fake trend. If its more then its uptrend and same for bear movement. ;)
It also represents cci (in terms of values) and rsi (in terms of waves).
Enjoy !!!!!
AutoFibLevels - FixedPersonally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again.
That is one of the issues, some times you may want to drop more than one fibo on the chart to see where they over lap and that, makes your chart hell to look into.
This script will draw fibonacci levels for you based on the time frame you are in, for each time frame the number of bars that it will look into differs and if you need to, you can adjust them per time frame separately.
And as always for indicators, you have total control on which lines to draw and clouds, and their color and transparency.
The reason this title has Fix, is that I totally forgot to change some titles in the script so in the style you would see some errors in titles and also, the 1.618 line had a wrong title, sorry and thanks
AutoFibLevelsPersonally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again.
That is one of the issues, some times you may want to drop more than one fibo on the chart to see where they over lap and that, makes your chart hell to look into.
This script will draw fibonacci levels for you based on the time frame you are in, for each time frame the number of bars that it will look into differs and if you need to, you can adjust them per time frame separately.
And as always for indicators, you have total control on which lines to draw and clouds, and their color and transparency.
ChartMojo Opening 1 min. range -V1Opening 1 min range script. Many view (floor traders) the opening minute as how the overnight energy gets delivered to the market and is an important gravity -3.55% area, with its own support and resistance . There are probabilities (roughly) in some instruments that price tends to have a high percentage of returning to the range at least once in 2 days. In my experience it returns to it often on most days. On chart example here..(especially in futures ) price tends to return to it often and in this case when it returns from the bottom..sells tend to stack up in front of it on the first approach several tiers deep. Price tends to reverse on this range..if it breaks through it, it often marks a shift in trend. Try it for yourself. For me it's indispensable. Wave structures often start and end (exhaust) there. Also the relationship of the previous days opening range is shown..which can show an important relationship (trend). It's an interesting shift thinking in terms of opens rather than closes. Many view trend and market structure from the open to be the most relevant, and the opening 1 min range is an important element. Enjoy. I like to use this with my trading time zones. Might want to reference Pivots , Patterns and Intraday Swing Trades by William Scheier.
Triple EMA difference colors - GcNaif PandorraTriple EMA difference colors
* choose colors on your choice
* choose wave count on your choice
ROC TideAdds some depth to the traditional rate of change (ROC) indicator. Instead of just having one ROC line with a single lookback period, this takes a minimum lookback period, n , and plots 20 ROC lines with lookback periods of n, 2n, 3n, ..., 20n . These lines will appear green when greater than zero, red when less than zero, and yellow when equal to zero by default.
Then it plots the average of those 20 ROC's as a yellow filled area so as to make it easier to see where the balance (or "tide") of the ROC waves are located.
MACD Divergence MultiTimeFrame [FantasticFox]This is a MACD divergence on 3 time-frames, 1h, 4h and 1D.
Please insert the indicator into a 1h chart, otherwise change the lengths' inputs.
you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors.
H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish.
Gray circles on 4h macd is for those traders who want to check the confirmation on Elliott wave changes.
*Thanks to RicardoSantos MACD divergence.
Trend v2.3Update to Trend v2.2
fixed a bug in rsi functionality hopes this kills the repainting issue noted. also added a swing wave time count. Paints blocks white when the desired swing threshold has been met. Could be useful for trend exhaustion warning. Anyhoo, thanks for taking a peek at this. Hope it is useful.
[RS]JDSarano Alert V0Request for JDSarano:
alert signal on indicator accordance:
Coral trend Indicator from LazyBear
pip Collector from LazyBear ( I use this only for the red, gray, green background
Weis Wave Volume (LazyBear) default settings. (2)
Linear Regression Bull and Bear power acummulation V0
UCS_SQZ_Opt_Alert
R.E.Signal V3.0: Updated version to work with Key Hidden LevelsHi, I updated the code to be able to use Tim West's TW_UB indicator, which helps a lot with seeing price waves, coloring bars that form new highs green, new lows red and inside and outside bars red.
The indicator now only plots range expansion bars, with a triangle shape above or below each bar to make it visually clear.
Hope you find this of use.
Cheers,
Ivan.
Thermal Expansion Wave VDUB_v1TEW_V1
*** Modified, Madrid Ma Ribbon, Mashup. Using three colours indicating thermal expansion zones using Hull ma for the pivot points.