Some time ago I published an example of simple custom screener in PineScript: The only thing this screener did is created a dynamic label with screener output. Recently TradingView announced alerts from the strategy with the possibility to add custom messages to alerts. So using it I was able to create a bit more advanced screener which sends results as...
This indicator allows to compare the performance (% change) of a given symbol with the larger market ( AMEX:SPY ) and/or with a custom symbol, which defaults to AMEX:XLK (an ETF tracking technology companies from the S&P 500). The performance for the current symbol is displayed as a blue histogram, while performance for the AMEX:SPY and the custom symbol are...
Our Buy Sell System indicator generally works on a modified version of the ATR ( Average True Range ) formula. The Buy Sell System is a trading method that generates Buy and Sell signals when conditions are met. These conditions include Exponential Moving Averages, ATR and depends on price action as well. Our indicator also shows a green/red background that...
Our Trend Reversals indicator is there to notify you when a trend reversal (depending on your time frame) might occur. Trend Reversals will signal a cross shape signal (X), that will be in red when a downfall might happen and will be in green when a movement up is about or might happen. The indicator algorithm is based on 3 indicators, when these three intersect,...
Our Divergence indicator is another indicator we are happy to present to interested traders. The indicator detects the possible trend change and it is a well known tool among traders based on bullish and bearish divergences. To use the indicator well, it will spot divergences but some minimal work might be needed to be done as connecting the waves together to...
Our Auto Adjustable Support & Resistance indicator draws support and resistance lines that can help you estimate where a ticker or financial asset can range, reach or break. The support lines are in lime color while the resistance lines are in red. The colors will automatically change depending on where the candle is. So for example, if the candle is above the...
Our Golden & Death Cross indicator is another indicator we are happy to present to interested people. The indicator detects the possible trend change and it is a well known tool among traders. To make it more convenient for your use we have labeled the golden gross with a G and there is a green vertical bar that is available on the signal. Same for the death...
Our DCA tool is an indicator that is mostly based on RSI. The DCA tool is there to let you know where you should start averaging your entries or longing or shorting a financial asset. It can also give you an idea about when a market can start going the other way depending on the time frame you are using. DCA will signal two different buy signals and two different...
Relative Strength Comparison with automatic selection of relevant index Added support for most european and north american exchanges.
Modification to Elder's Force Index (EFI) Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results! Adjust lookback from standard/suggested 13 candlesticks Added a color indication to positive or negative force reading Added background color tint for an easier read on dashboard setups Suggested...
Dear Followers, does volume say something about market makers and what will happen in near future? Today a new Price Action Tool , the "Volume that matters" indicator. When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume! Specific Volume spikes happen as reactions at support or resistance...
This gauge is the band break Ewo, or rather known as the advance get the mechanical trader ewo. Buy when the back and the candles are painted blue, if you activate see ewo on the chart buy when the candles are above the upper band. Sell when the back is selling and the candles are painted red or if the ewo is on the chart sell when the candle is below the band.
This moving average was developed by John Josephen in his Mechanical Trader Book. Buy when the price is above the moving average you will also see that the candles are painted yellow. Sell when the price is below the moving average, you will also see that the candles are painted red. It also has the standard deviation 13 periods and deviation 1 of the same moving...
Dear Followers, today a new Price Action Tool , the "Pinbar that matters" , also known as Hammer (bullish case) and Inverted Hammer (bearish case). Everybody knows the importance of pinbar to highlight reaction at support or resistance range , as well as at supply and demand zones market makers' actions trend switching in short-term and mid-term...
this indicator is On Balance Volume (OBV) and BB Stop with ema. Buy: when the OBV is over Move average (gold) and BBstop is aqua. Sell: when the OBV is below the moving average and BBstop is orange. Check all time the tendency with channel support and resistance and Fibonacci levels.
Dear Followers, today a new Swing and Scalping Strategy based on WVAP , mainly designed for Bitcoin and High-Cap Cryptocurrencies, like Ethereum. It works also on Forex and Stocks. It works great since 15m and above till 1D. I suggest you to use it on 15m, 30m or 1h timeframes . VWAP or "Volume Weighted Average Price" is a volume-based indicator similar to a...
#Always follow MAJOR trend, find MINOR trend as per Major trend and choose entry/exit accordingly . Suppose major trend is blue so only go long while inside minor trend is green, when it turns RED exit from long but dont short in BLUE i.e. major uptrend and vice versa for downtrend i.e. major should be pink and minor should be red for short and when it turn green...
The Larsson line supports trend trading of tech assets over long timeframes: - Trend trading (unsuitable for range trading) - 4h candles to monthly candles (less suitable for hourly candles, unsuitable for high-frequency trading) - Tech stocks and cryptocurrencies (not designed for commodities) The indicator can aid traders following a rule based trading system...