Swing
Hi/Lo Swing Index [by hajixde]Author: Hajixde
This indicator illustrates the High-to-Low variation. It works nicely on shorter time frames.
The index value is calculated based on the observation length (Memory Length). By changing this input, you can have a wider or shorter observation range.
MA Length is the moving average filter length, which smooths out the signal.
There is an additional smoothing function to make the output even smoother (Smoothing Length). Remember, that "Smoothing Length" is better to be less than "MA Length".
You may activate the trend direction.
Percentage Oscillator SwingThe percentage price oscillator (PPO) is a technical momentum indicator.
It shows the relationship between the close of a candle and the highest/lowest point with a specific lenght in percentage terms.
Rules
The higher percentage on the values upwards, compared to those downwards, the higher the power of the bull trend.
The higher percentage on the values downwards, compared to those upwards, the higher the power of the bear trend.
Multi TimeFrame (MTF) Trend StrengthCalculate and display simple multi timeframe (3 timeframe) trend strength using heikin ashi.
D Indicators - Positional tool*Presenting a perfect setup for Positional and Swing traders.
1) Slow and Fast Bands
# 3 fast and 3 slow, in total of 6 EMA bands are added to the indicator in order
to make accurate decisions and helping find out in which trend the price is.
Enter when price gives a breakout above or below all of the 6 bands.
2) Trend Indicators
# Total of 3 trend indicators are also included:
Trend Indicator 1 ---> It is a SMA(20) and its color changes based upon
Trend Indicator 2 ---> will be plotted at the bottom of the screen. Based upon RSI
Trend Indicator 3 ----> EHMA
Their color will be yellow whenever the market is sideways which will act
as a cautionary sign that in about next phase the price will be rangebound.
Use them as a helping hand, and check whether they show the same trend or not while you enter.
3) Support/Resistance lines
# On charts, this indicator is used to locate levels of support and resistance.
As a function, Targets and SL can be planned.
When a candle closes above the support/resistance line, the lines change
color automatically. It'll turn green.
If the price is below the sup, it will also change color to red.
4) High/Low
# Will mark the high/low of a particular swing so that, one can place the SL over there and enter.
Thank you and regards,
D Indicators
One For All - Trend Insight System (Light ver.)Introduction :
Compared to the TIS v1.0, this "light" version is simpler to use and to understand, hence it will suits the basic needs of traders and investors looking for a clear and user friendly indicator to assess the current trend situation for continuous markets. The settings allow an adaptation for call markets, but more backtesting needed at your discretion (see notes below on call markets).
The TIS takes price action, volume and volatility, to :
- provide a clear and easy to interpret global picture on the current trend siuations
- give hints for decent take profit and exit points
- help find support and resistance levels
- assess trend strength and momentum
Disclaimer :
The Trend Insight System (TIS) is among the most perfected trend following indicator. Built around the Verbatim (the main colored line), it is inspired by Tushar S. Chande's work on volatility, that I really enjoyed reworking in-depth and re-engineer from scratch, after some tweaks and managing to factor-in the volumes, the Verbatim was born.
The Verbatim is essentially a "smart" moving average that will adapt itself to the price action, the volatility and the volumes, in order to filter-out whipsaw price action and help the user clarify opportunities for trend trading. Since the various components of the TIS helps serve as Support & Resistance level (see examples below), it will also prove to be helpful for swing traders.
Please use with caution, proper risk management and along with your favorite oscillator, channels, candlestick reading and signals system (such as the Pattern Detection System that will be provided complimentary to the TIS, in a separate script).
Some explanation :
Verbatim line :
- Green shows a bullish trend, orange for consolidation and red for bearish trend
- When it consolidates, it can be extended to the right to be used as a Support & Resistance line
example use case :
In summary :
- A possible entry is when price action confirms over the consolidating (orange) Verbatim, or after the Verbatim turns green. Please note that they both can prove to be false trend start, so these signals are best used with other indicators for confirmation
- A possible exit point show up when the price action starts closing into the Verbatim, or even safer, when the price action confirms under the verbatim, again, to be used with other indicators on the side
Trend Strength and Momentum:
- Read the current status at a glance
- Trend strength is the relative position of each trend lines (most of which are hidden on this "light" version), from -100% (=bear power) to +100% (=bull power)
- Momentum is measuring the slope of the Verbatim (and another hidden "smart" trend line) also from -100% to +100%; trend lines pointing downwards = bears waking up / in force, horizontal = consolidation or upwards = bulls waking up/in force
Important notes :
While is a very powerful yet easy to read Technical Analysis tool, it has been fully optimized for continuous markets such as crypto.
It is highly advised to use the default settings provided as they have been backtested more thoroughly ("continuous market" and "close" input)
To prevent confusing casual users and to avoid overoptimization -risky at best and counter productive at worst, according to legendary traders such as Mark Douglas- this version has most of the customization settings locked out; volume integration, smoothing method used, smoothing constant, volatility setting, period of study. The settings left available are :
- continuous market / call market selection, selecting "continuous maket" will use a specifically designed method of calculation for volatility , based on ATR, while selecting "call market" will automatically use ATR for calculating the volatility , and
- input source selection for the volatility calculation, which only works for "continuous market".
The locked out settings might be included in the future in a more restricted yet complete "Expert mode" version.
End notes :
It will always be considered a work in progress to help bring out the best of trend analysis.
Suggestions are welcomed to make it a more user-friendly tool.
One For All - Trend Insight System v1.0Introduction :
The TIS takes price action, volume and volatility, to :
- provite a clear and easy to interpret global picture on the current trend siuations
- give hints for good take profit and exit points (see local consolidation line)
- help find support and resistance levels
- assess trend strength and momentum
Disclaimer :
The Trend Insight System (TIS) is among the most perfected trend following indicator. Built around the Verbatim (the main colored line), it is inspired by Tushar S. Chande's work on volatility, that I really enjoyed reworking in-depth and re-engineer from scratch, after some tweaks and managing to factor-in the volumes, the Verbatim was born.
The Verbatim is essentially a "smart" moving average that will adapt itself to the price action, the volatility and the volumes, in order to filter-out whipsaw price action and help the user clarify opportunities for trend trading. Since the various components of the TIS helps serve as Support & Resistance level (see examples below), it will also prove to be helpful for swing traders.
Please use with caution, proper risk management and along with your favorite oscillator, channels, candlestick reading and signals system (such as the Pattern Detection System that will be provided complimentary to the TIS, in a separate script).
Some explanation :
Verbatim line :
- Green is bullish trend, orange for consolidation and red for bearish trend
- When it consolidates, it and be extended to the right to be used as a Support & Resistance line
example use case :
Local consolidation line :
- A more optimal way to find an exit point when we have missed a top formation
example use case :
Verbatim channel :
- A way to visualize price disequilibrium
example use case:
Verbatim cloud:
- Stronger Support and Resistance levels
- Price disequilibrium
- Consolidation range (when Verbatim is inside the cloud and did not go through)
example use case:
Trend Strength and Momentum:
- Read the current status at a glance
- Trend strength is the relative position of each trend lines, from -100% (=bear power) to +100% (=bull power)
- Momentum is measuring their slope also from -100% to +100%; trend lines pointing downwards = bears waking up / in force, horizontal = consolidation or upwards = bulls waking up/in force
Important notes :
While is a very powerful yet easy to read Technical Analysis tool, it has been fully optimized for continuous markets such as crypto.
Each item of the Trend Insigth System can be disabled to suit your personal use. It is highly advised to use the default settings provided.
To prevent confusing casual users and to avoid overoptimization -risky at best and counter productive at worst, according to legendary traders such as Mark Douglas- this version has most of the customization settings locked out; volume integration, smoothing method used, smoothing constant, volatility setting, period of study. The settings left available are :
- continuous market / call market selection, selecting "continuous maket" will use a specifically designed method of calculation for volatility, based on ATR, while selecting "call market" will automatically use ATR for calculating the volatility, and
- input source selection for the volatility calculation, which only works for "continuous market".
The locked out settings might be included in the future in a more restricted yet complete "Expert mode" version.
End notes :
It will always be considered a work in progress to help bring out the best of trend analysis.
Suggestions are welcomed to make it a more user-friendly tool.
Swing LineThe author was inspired by Charles Dow's concept on trend and Gann's concept on swing trade.
Swing line can help identify resistance and support. Breaking resistance indicate an uptrend. Breaking support indicates a downtrend. This is a simple and intuitive method in trend determination.
However, many chart readers nowadays set Candlestick as preferred pattern. The shared indicator provides another choice for constructing swing lines.
Volatility OscillatorThis tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range.
Can be used to identify patterns such as parallel channels and likely direction of price action as pictured below.
Swing Failure Pattern Inquisitor SFP Inquisitor
v0.2a
coded by Bogdan Vaida
Code for Swing High, Swing Low and Swing Failure Pattern.
Note that we're still in the alpha version, bugs may appear.
Note that the number you set in your Swing History variable
will also be the minimum delay you see until the apples appear.
This is because we're checking the forward "history" too.
The SFP will only check for these conditions:
- high above Swing History high and close below it
- low below Swing History high and close above it
In some cases you may see an apple before the SFP that "doesn't fit"
with the SFP conditions. That's because that apple was drawn later and
the SFP actually appeared because of the previous apple .
20 candles later.
Legend:
🍏 - swing high
🍎 - swing low
🧺 - candle where the last swing was driven from
🍌 - swing failure pattern
🍎🍌 - hungry scenario: swing low but also a SFP compared to the last swing
VuManChu Swing FreeThis is the old version of Range Filter from DonovanWall, that VuManChu is selling in his discord as "VuManChu Swing" which in reality is just Range Filter, a open-source script from DonovanWall.
Range Filter & LabelsAll credit goes to @DonovanWall for the Range Filter.
I just added Buy & Sell labels to demonstrate how the VuManChu Swing generates the same exact signals as the Range filter using the exact same settings between the two indicators.
This would only seem plausible if VuManChu Swing runs on the same code as the Range Filter.
It looks likely to be the old version of the Range Filter, where it had only two Inputs, Range Size and Range Period
ORTI Swing High Low / Support Resistance (Static TFM)The "ORTI Swing High Low / Support Resistance (Static Timeframe Multi-Period)" is based into existing studies that shows support and resistance levels taking as reference the highest and lowest points of certain periods, as a redesigned and recalculated set of the common plotted lenght.
The cherry on the top for this version is, when you want to get a predetermined count in (ranges) units of time, as: minutes, hours or days, in any a intraday graph you could get a static lenght, and this count will be automatically respected. For example, an average could be configured to know a high or low levels per hour, day, week or month ... or whatever comes to mind, and at every single chart that you move through (5m, 15m, 1h, 4h, etc), you will see the same lenght to make your own "support and resistance analysis" into a micro / macro market view.
Remember that part of analyzing chart patterns, the support and resistance levels are undoubtedly two of the most highly discussed attributes of technical analysis. Part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction.
With the new features, you will get a little help to identify in your technical analysis some signals to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend. Support and resistance areas can be identified on your charts using this indicator.
For more technical information look at Investopedia.
Note: The previous calculation example is not the default, the parameters can be adjusted according to the criteria of the merchant.
Gann Circle Swing LevelsThis indicator is based on W. D. Gann's Square of 9 Chart and can be interpreted as the Gann Circle / Gann Wheel / 360 Degree Circle Chart or Square of the Circle Chart.
Spiral arrangement of numbers on the Square of 9 chart creates a very unique square root relationship amongst the numbers on the chart. If you take any number on the Square of 9 chart, take the square root of the number, then add 2 to the root and re-square it, resulting in one full 360 degree cycle (i.e. a 360 degree Circle) out from the center of the chart.
For example,
the square root of 121 = 11,
11 + 2 = 13,
and the square of 13 = 169
The number 169 is one full 360 degree cycle out (with reference to 121) from the center of the Square of 9 chart.
Similarly, if you take any number on the Square of 9 chart, take the square root of the number, then subtract 2 from the root and re-square it, resulting in one full 360 degree inward rotation towards the center of the chart.
For example,
the square root of 565 = 23.77,
23.77 - 2 = 21.77,
and the square of 21.77 = 473.93 (approximately equal to 474, which is directly below 565 on the Square of 9 chart)
The number 474 is one full 360 degree inward rotation (with reference to 565) towards the center of the chart.
How to Use this Indicator ?
This indicator is useful for finding coordinate squares on the Gann Circle that are making hard aspects to a previous position (such as a significant top or bottom) on the circle.
Input :
Swing Point (Significant price point, such as a top or a bottom)
Low / High ? (Is it a bottom or a top)
Number of Gann Levels (Number of Gann Cycles to be projected)
Output :
Gann Support or Resistance Levels (color coded as follows) :
Swing High or Swing Low (BLUE)
Support levels calculated with reference to the Swing High (RED)
Resistance levels calculated with reference to the Swing Low (LIME)
GSO + RSI + MACD + MFI + Bollinger BandsThis script uses a Gann Swing Oscillator , RSI , MACD , MFI and Bollinger Bands to generate long and short signals for cryptocurrencies on the 5 minute chart.
The Gann Swing Oscillator was inspired by HPotter's GSO.
This script is for educational purposes only. This script is NOT to be used as financial advice. I will not accept liability for any losses which may occur as a result of using this script.
SMA + Trend Strength + Trailing Stop LossThe 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given conditions at a time, which are represented as a trend meter on the bottom right of the screen. A trailing stop loss indicator is included to secure your profits or limit your loss in case the market reverses on you unexpected. Please use this indicator responsibly with proper risk management, and never rely on the indicator by itself for buy and sell signals.
When the simple moving average color is green, it means that at least 4 of 5 conditions are confirming a move upwards, this is when you can take an entry into a trade based on your entry strategy. As the trend continues, the color will eventually change to yellow signaling a divergence. This is when you can use your exit strategy to find a good point to sell. It is wise not to take new positions when the color is trending yellow.
If the color changes from yellow to orange, that is a warning sign that the trend is about to change or has begun to change. Prices may have already fallen. However, sometimes the color will change from yellow back to green signaling a continuation of the trend. You can either keep holding or take a new position in this instance.
When the color is red, this signals fear in the market, you should stay out of the market at first. However, as the market consolidates and the color starts changing back to orange, this is an opportunity to take a long position at a reasonably low price.
Simple Moving Average (13-Bar) Color Explanation:
The colors change based on 5 market conditions represented in the trend meter.
Green: Strong Uptrend
Yellow: Divergence Present
Orange: Warning
Red: Fear
Trend Meter Explanation:
The trend meter draws 5 arrows indicating bullish or bearish presence.
LL = Lower Lows - Detects when the market is trending with lower lows.
HH = Higher Highs - Detects when the market is trending with higher highs.
MA = SMA Direction - A formula is used to determine the direction of the SMA.
DI = Directional Index - Identifies when upwards momentum is trending.
RSI = Relative Strength Index - Identifies when the RSI is in an uptrend state.
Note: For advanced users, this indicator has a hidden DMI(4, 4, 4) and RSI(14) indicator used to determine the last two conditions. The Directional Index is based on a DI Plus momentum moving average to determine a momentum trend and the RSI trending over 50 will constitute an uptrend signal as below 50 it will point down.
Trailing stop loss:
The trailing stop loss is determined based on the lowest price of the last 8 bars.
A gray step-line is drawn at the suggested stop activation price.
A red step-line is drawn at the suggested stop limit price.
When the price breaches the trailing stop, a red X will appear below the bar.
You can turn each of these features on or off based on your preference. Happy trading!
CRYPTO Trend Direction Multiple EMA'sToday I bring an indicator specialized in crypto markets.
Its made of multiples EMA : very fast, fast, normal, slow, very slow
The logic behind its simple :
For long : we check that the EMA are in ascending order like EMA 5 > EMA 10 > EMA 20 .... and at the same time that last close of candle is above all of them.
For short : we check that the EMA are in descending order like EMA 5 < EMA 10 < EMA 20 .... and at the same time last close of candle is below all of them.
It can be used with all time frames.
Enjoy it !
Swing Reversal IndicatorSwing Reversal Indicator was meant to help identify pivot points on the chart which indicate momentum to buy and sell. The indicator uses 3 main questions to help plot the points:
Criteria
Did price take out yesterday's high or low?
Is today's range bigger than yesterday? (Indicates activity in price)
Is the close in the upper/lower portion of the candle? Thus, indicating momentum in that direction
This indicator was built to help me find pivot points for directional options trading however can be used for equities and forex swing trading and other strategies. Used in conjunction with a BB extreme can provide good setups.
Alerts are available for both the long and the short positions and the indicator will repaint as price moves.
The character Plotted can be changed in the settings
The size of the candle area can be changed as well if you want to tighten/loosen the trigger points based on the third question above.
Pro Algo Reversal 1 Signal No Repaint/No Lagging
This is a Reversal trading signal system (part 1) for any range markets. It’s better used with timeframe from 15 min to 60 min for day trading or swing trading. It generates reversal signals for the important turning point bars and candles with no repaint and no lagging.
How does it work?
* Defines support/resistance(S/R) levels based on floor trader’s pivot points and my own S/R levels.
* Calculates the reversal signals, price reactions close to all above S/R levels.
* Generates reversal trading signal: buy/long or sell/short based on all combined factors.
What are the Reversal signals?
* Blue arrow means trend is reversed to bullish
* Pink arrow means trend is reversed to bearish
How to use?
* Blue up arrow : Buy(Long) or continuous Buy(Long)
* Pink down arrow : Sell(Short) or continuous Sell(Short)
* Have to increase time frame to reduce signal noises, prefer 15-60 min.
* There is no way to filter all noises even with higher time frame, all the trades must have a stop.
How to access?
* PM me to obtain access
* 10 day Free Trial is available
SVIEWThis is momentum based indicator
Input
1. Two EMA
2. Stochastic
Thought process
1. Difference between fast and slow ema has a oscillating nature.
2. Stochastic %k %d crossover gives early signals
3. early entry gives low risk high reward setup
Calculation
1. A= EMA (fast) - EMA (slow)
2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive, bar is green
When A is decreasing and B is negative, bar is red
Else, bar is black
Use
This is an early entry signal system. When used with Channel trading system, it gives high probability, low risk high reward setups
Example
When price has breached below -2 Keltner channel, and impulse candle turns green, go long (or sell put options )
29 minutes ago
Release Notes:
This is combination of
1. Ema diff
2. stochastic
3. Keltner channel
4. Bollinger bands
5. bunch of EMAs
Thought process
1. Difference between fast and slow ema has a oscillating nature.
2. Stochastic %k %d crossover gives early signals
3. early entry gives low risk high reward setup
Calculation
1. A= EMA (fast) - EMA (slow)
2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive, bar is green
When A is decreasing and B is negative, bar is red
Else, bar is black
Use
This is an early entry signal system. When used with Channel trading system, it gives high probability, low risk high reward setups
Example
When price has breached below -2 Keltner channel, and impulse candle turns green, go long (or sell put options )
Combo Strategy 123 Reversal & Gann Swing Oscillator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
WARNING:
- For purpose educate only
- This script to change bars colors.
LFT Program by Algoz V2This strategy takes trades based on swing high and swing low. When ever a swing high is made and a momentum follow thru is there trade will be taken. By doing this we can exit early same time we would be able to enter a trade early. some time when minor swing highs and lows are there we avoid using a filter. Only Major swing highs and lows are taken.
While Traditional Trend following systems has drawbacks like Late entry and Delayed Exit, this program is designed to enter as early as possible with the support of momentum and swing high and exit also happens the same way. for new signal it should come with momentum. This program will take multiple entries as the sensitivity is to set to high. So it can be used on any instruments.
This is tuned for intraday. Users can modify input for market closing time. The default is set to close at 15:20 considering Indian NSE market. If you want to trade commodity then change the closing time respectively. Only factor to consider is that the minutes should be round number matched to the time frame. if its 5 min it should be divisible by 5 , if you are applying on 3 min, the minutes should be divisible by 3.
You can request Access using my Default signature below or through trading view chat box.
All the Best !!!
Logistic EMA w/ Signals by DGTLogistic Map Equation - The logistic map connects fluid convection, neuron firing, the Mandelbrot set and so much more.
This study is an attempt to apply Logistic Map Equation in Trading
Logistic Map Equation
Xn+1 = r * Xn * (1 - Xn)
Where,
r - growth rate
Xn - percentage of theoretical maximum of measured event (from 0 to 1)
(1 - Xn) - represents constraints of the environment, presents the idea of negative feedback
For trading the measured event will be the price of the instrument (price is commonly reffered as source in mathematicall forumlations),
hence
r - growth rate can be expressed as => change(source, length) / source, expressing r in such manner mades the equation dynamic with regards to the growth rate
Xn - percentage of theoretical maximum of the price for given duration can be expressed as => source / highest(length)
Putting pieces together we are ready to plot
Printed alone does not seem to provide much useful visualization for trading, in fact not easy to interpret especially when the market is an uptrend
What it has numerically,
Provides a ratio, where sudden changes are much more reflected thanks to negative feedback nature of the logistic equation.
As we know moving average indicators are lagging and the logistic map may fit here to reduce the lag
With this study you will find application of Logistic Map Equation with combination of Exponential Moving Average (EMA)
Logistic EMA (LEMA) and LEMA COLORS
one line with user defined periods of length, where the colors of the line will change automatically depending where the value is compared to 50-100-200 moving average
Multiple LEMAs : optional – three fixed lenght of 50-100-200 period lines
LEMA Signals
Various signals are added by using LEMA and applying some common market approaches. Use with caution and with conjunction of other indicators
Thanks to @allanster for the idea
A fascinating YouTube video explaining the logistic map - “This equation will change how you see the world (the logistic map)”
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script