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.
Trend
Fibonacci and Ema Trend + Pullback alerts This indicator tells you what to do with supports and resistances based on fibonacci with signs and alarms
and Ema 200 with buy or sell fast pullback alarms
When 0.5 is bear the price will seek to break the lower supports
sell from 0.5 to bear zone and obtain profits below the supports
stop loss above resistence
When 0.5 is bull the price will seek to break the highest resistances
buy from 0.5 to bull zone and profit above the resistances
stop loss below support
you can edit the indicator to have slower or faster levels if you want
The alarms that the indicator has :
Resistence down
Resistence up
Bull zone UP
Buy 0.5 Bull
Sell 0.5 Bear
Bear zone DOWN
Bear zone UP sell to 5.0 bear
Bull zone DOWN Buy to 0.5 bull
Support zone DOWN
Support zone UP
ema 200 pullback alerts
when price is going up active the buy fast pullback alarm
stop loss below ema 200 or support
when price is going Down active the sell fast pullback alarm
stop loss above ema 200 or resistence
Kzx | Trend Linethe indicator traces the trend line corresponding to support / resistance.
it is also completely configurable, for various and varied results
YesillimThe "Yesillim" indicator is a trend follower and trailing stop indicator that reacts quickly and aims to enter early in an uptrend and exit early from a downtrend. Since moving averages are used, it can be used in daytrade and scalping in daily or lower periods. The crossover and crossdown intersections of the price and the indicator line may be meaningful, but it is actually a color changing indicator and color changes should be interpreted. The bullish market gains strength when the color turns green, and the bearish market when it turns red. When prices get too far from the indicator, they are approaching again, in this case, it may be support will work like resistance according to the current trend. Like any indicator, it is possible to produce false signals in the horizontal market, so it should not be used alone, the oscillator and volume should support the current trend. In strong trend changes, angle changes in the indicator can also be interpreted manually. In this case, sharp angled turns indicate a sharp trend change. Technically customized weighted moving average weights are specially weighted with golden ratio coefficients, smoothed with a lower period for noise removal with the same principle and added bias. I wish it to be used in profitable transactions.
Turkish (Türkçe): Yeşillim indikatörü bir trend izleme ve hareketli iz süren indikatördür. Son barları agresif olarak ağırlıklandırdığı için var olan bir yükseliş trendine erken sokup, düşüş trendinden erken çıkarması olasıdır. İndikatör yorumlanırken fiyat ve indikatör kesişimleri anlamlı olsada (yükseliş düşüş trendlerinde destek-direnç görevi görebilecektir) ancak asıl amaç renk değişimi yorumlanmalıdır, yeşil yükseliş trendinin, kırmızı ise düşüş trendinin güç kazandığını göstermektedir. Her indikatör gibi yatay piyasada hatalı sonuçlar üretebilir, bu nedenle rsi, sokastik gibi bir osilatörle desteklenmesi hacimin mevcut trendi desteklemesi gerekmektedir. Kazançlı işlemlerde kullanılmasını temenni ederim.
Trend Power Index [Fournier-Eaton]Trend Power Index measures the power of a given trend relative to its past strength.
Increasing values indicate strengthening of an upward trend or weakening of a downward trend
Decreasing values indicate strengthening of a downward trend or weakening of an upward trend.
Crossing zero is a confirmation of trend initiation in the respective direction
Note: Parameters may be changed to account for low cycle times and high volatility
As always, please make any suggestions you might have or share problems or successes. Any feedback is helpful.
Supertrend BandsSupertrend Bands
What is the Supertrend indicator?
"The Supertrend indicator is a trend following overlay on your trading chart, much like a moving average, that shows you the current trend direction.
The indicator works well in a trending market but can give false signals when a market is trading in a range.
It uses the ATR (average true range) as part of its calculation which takes into account the volatility of the market. The ATR is adjusted using the multiplier setting which determines how sensitive the indicator is."
"For the basic Supertrend settings, you can adjust period and factor:
- The period setting is the lookback for the ATR calculation
- Factor is the what the ATR is multiplied by to offset the bands from price"
How to use this indicator
This indicator is inspired by a strategy I found. It includes four Supertrend indicators, each with different settings that displays trend strength and support/resistance zones. The default settings are optimal for cryptocurrency but do work quite well for traditional also. I highly recommend you try experimenting with different settings, increasing them to suit the instrument.
The bands are set from low to high, Band 1 being the fastest and Band 4 being the slowest. Band 4 is the one that sets the overall trend so when price is above Band 4, the trend is bullish and vice versa. Trend is strongest when price is above/below Band 1 and gets weaker as it filters through each band. Band 4 provides the strongest support/resistance and if that breaks the trend flips.
In the menu, you will see an option called "Remove Anti Trend?". It is enabled by default and it removes any bearish/resistance bands when the trend is up and any bullish/support bands when the trend is down. When turned off, it will show all Supertrend Bands as they are by default.
Bar Colors
Bar colors are optional and they reflect the current trend strength based on the Supertrend bands.
Alternate ways of using this indicator
You could leave everything as default or you can display individual bands. For instance, because I use many overlay indicators, most of the time I turn off all the bands and only show bar colors:
You can also turn off Bands 1 and 2 and only show the two slowest lengths:
This removes the noise of the two faster Supertrends.
Or just show the two fastest bands:
Any suggestions to improve this indicator are most welcome :)
Zig Lines with Percent & ValueOverview, Features, and Usage:
The Zig Lines with Percent & Value is an indicator that highlights the highest and lowest points of the market from pivot points and zigzag lines based on the ZigZag Period setting. By a default value of 13 for the ZigZag Period this works well on Bitcoin or other alt coins on the 1 hour or higher timeframe charts.
What makes this indicator unique is that it draws a green line to signify an uptrend or a red line to signify a down trend. It will also show the percent difference between the previous point/line, for example: If you see a -negative percentage point with a red line drawn to it, then you are looking at a low pivot point and then as the green line is drawn to a +positive percentage value the percentage you see is the difference between the two points. This is great to see a trend reversal as you can look at previous pivot points and notice about how far the price moves before it changes direction (trend reversal).
There is an invisible EMA line that is used to assist with coloring the negative vs positive values. The value above or below the percentage is the lowest or highest price at that pivot point . The display of the price at the pivot point depends on your ZigZag Period setting and the timeframe of your chart.
Added Bollinger Bands as it fits perfectly with the visuals of the Zig Lines & Pivots.
Usage of Bollinger Bands:
~As the price or candle gets close to the top or bottom of the Bollinger band it can give you a better confirmation that the pivot location is at it's final place, and the trend is more likely to switch directions.
It’s important to know this indicator should not be used for alerts of any type it does repaint as the green or red line is drawing based on live chart data and it can change depending on the direction of the market. This is a great visual tool for trend analysis or to be used with other indicators as a confirmation for a possible good entry or exit position.
Credits ( and consent to use ):
Credits go to user LonesomeTheBlue for creation of this 'Double Zig Zag with HHLL' script.
The addition of the Value above/below the Percentages is from user Noldo and that script is found here:
The Bollinger Bands setup was suggested by user countseven12 and his script that uses the same BB setup is found here:
References:
1. Chen, James. (2021 March 15). Zig Zag Indicator . Received from http: www.investopedia.com
2. Mitchell, Cory. (2021 April 30). Pivot Points . Received from http: www.investopedia.com
Volume Pump WaveThis indicator displays volume as a pump wave. Can be useful for chart analysis and easy detection of anomalies/trends.
LSMA CrossoverThis is a simple script designed to help filter out bad trades. LSMA is a trend king and by using the 21,200 and 1000 length lines traders can get a clear view of where price action is travelling. This indicator is the perfect companion to the LSMA Wave Rider indicator. Once a pullback is discovered (price action crosses under blue or white line) Traders can use LSMA Wave Rider to locate perfect entry point.
Least Squares Moving Average follows these rules:
When price crosses over it signals a bull trend.
When price crosses under it signals bear trend.
When price stays close or on the line sideways action is to be expected.
The direction of the line shows the direction of the trend.
Here is an example of finding good trades. Price action pulls below white or blue line.
Another example of what a pullback looks like.
This example shows how to find trend using crossovers.
Another example how trend can be found but by using line direction.
LSMA Wave Rider can be found here:
Stochastic OTTStochastic OTT is Anıl Özekşi's latest derived version of Optimized Trend Tracker on Stochastic Oscillator.
You might like to view the original version of the indicator if you don't know about OTT yet:
He tried to solve the fake signals of Stochastic Oscillator by adopting OTT on the indicator.
He advised users to set the stochastic smoothing parameters to 500 and 200 on his latest video about SOTT.
He personally uses 1 min charts on stock market so the parameters of the indicator might have to be optimized for other time frames nad markets.
He exaggerated the Stochastic to 1000's to have better signals of percent values of OTT.
Also hes used VIDYA in both calculations of OTT and Stochastic smoothing.
Hope you'll enjoy the SOTT in your profitable trades.
Kıvanç
HuD DE | TEHuD DE | TE Expert is a combination of two indicators.
1. DE or Deviation Expert
DE is based on ema5 and ema20. This MA algorithm is to filter signals such as trend and convergence/divergence. It is represented by HA Candles.
There are 4 signals to assist traders in making decisions
i. Golden Cross = possible entry point ( Green Triangle )
ii. Death Cross = possible exit point ( Red Triangle )
iii. Cross Up Level 0 = look for Buy opportunity ( Green Diamond )
iv. Cross Down Level 0 = look for Sell opportunity ( Red Diamond )
There are also ema lines to monitor the movement of current candle movement.
2. TE or Trend Expert
TE is based on ema5 movement to assist traders to see the overall trend of chart movement.
The movement is represented by HA Candles.
There are 4 ema's lines to monitor HA Candles movements.
This lines act as support / resistance which can assist traders to see the current trend of the chart.
For example, if line is green ( Uptend) and the next candle drop below the first green ema lines, next line (ema10) acts as support.
If next candle breaks ema10, we can consider making an exit plan. Or for swing traders, they can consider waiting until candle drop below ema50 ( purple line ) before deciding to exit.
Note: This indicator setting only suitable for Bursa Malaysia market.
The Trending Band IndicatorThis indicator shows the trend of the market. The middle line is the 200-day moving average because it shows the long term trend of the market. However, since the market does give fake signals of going up and down through the 200-day moving average, I had to put a band on it to push through the fake signals. The first band around the middle line is 1 standard deviation of historical volatility which gives an area of cushion to prevent fake signals. The goal is if the stock is above the first top band, then the stock is in an uptrend. If the stock is below the first bottom band, then the stock is in a downtrend. If it is the middle of the first bands, then the stock is known to be rangebound.
The top most and bottom most yellow lines are 4 standard deviations of historical volatility which give an idea of where the floor and ceiling are. This helps investors and traders identify good buy and sell zones using the yellow lines to see overbought and oversold sides.
This is a great indicator for people who need help following the trend of a stock, etf , etc.
TEMA Cross +HTF BacktestThis is a follow up to a previous script release called " TEMA Cross Backtest ".
This new strategy uses two TEMA crosses, one for trend direction, one for entry and exit. The entry and exit parameters are the same as the previous script. The trend direction is based on a user configurable higher timeframe TEMA cross which determines when to take longs or shorts. When the indicator is purple, it is looking for shorts, and when it is yellow, it is looking for longs. The background of the chart is colored accordingly to see the trend direction at a glance.
The default settings are the ones I have found produce the highest backtest results. The backtest is set by default to use a $500 account, and use $500 for every entry and exit, no matter the direction or overall profit/loss.
Parts of script borrowed from other public scripts.
Relative Difference Of Squares Oscillator [CC]The Relative Difference Of Squares Oscillator was created by Marco Alves (Stocks and Commodities Aug 2020 pg 10) and this is a heavily customized version of his indicator that works for single stocks instead of the entire market. I have included extra buy and sell signals to account for strong signals vs normal signals based on some user feedback I got. Buy when the line turns green and sell when it turns red. Keep in mind that this is a lagging indicator so good for trend confirmation.
Let me know if there are any other scripts you would like to see me publish!
Wave Trend Momentum OscillatorThis momentum oscillator is instantaneous and also extremely accurate. For use on all timeframes. Shows wave trend momentum as well as reliable diversions. A secondary crossover (Wave Trend Crossover) can be turned on to give even earlier entries and exits. This indicator has the ability to show changes in trend before it happens. Diversions can be turned off in settings.
There are 3 different smoothing options to tune the indicator to your chart/timeframe. Default setting is HULL.
Wave trend has 4 coloring options: sold, dual color 1, dual color 2 or none (dont show wave trend).
A J line can be turned on in settings as well as the wave trend crossover.
BTC Health (OHLC and TEMA)The "health" (ie, price trend) of Bitcoin has a major influence on the whole cryptocurrency market. Therefore, it can be useful to check the price and trend of BTC prior to entering a new position. This indicator displays BTC candles plus a fast & slow TEMA below the primary chart, so you can check how BTC is behaving.
BTC quote is from BINANCE, using the timeframe of the main chart. TEMA periods can be customized.
EMA 730 Ribbon MTF - Support and ReistanceThe EMA 730 line is a great way to show dynamic support and resistance . Price action travels "through" this line on each timeframe. This script pulls the EMA 730 Line from multiple timeframes so a trader can visually see price action bounce between support and resistance lines. Lower bands (white lines) can be turned off using "tickbox" in settings. EMA length can also be adjusted in settings. Some charts may work better with a length of 750.
Example of EMA Bands on lower timeframe.
Dump Detector - Hull Moving AverageDump Detecter uses HMA (Hull Moving Average) to detect dumps/downtrends. Can be used as an exit trigger for long bots or an entry trigger for short bots. Pump signals can be turned on with tickbox.
Supertrend3n1it combines the 3 super trend indicator values to save space for more indicators in the chart , and it works perfectly with the stochastic RSI indicator
Percent up to ATH v. 2.0 (CHECK 1D TIMEFRAME)for the label to display the price change for 1 day, 1 week, 1 month and 1 year, you must switch the graph to the daily (1D) timeframe
this script shows:
- the maximum price and the date of this maximum
- the minimum price and date of this minimum
- current price and date of this price
- the difference between the current price and the maximum price in percent (%) and in dollars ($)
- the difference between the minimum price and the maximum price in percent (%) and in dollars ($)
- price change in percent and dollars for 1 day, 1 week, 1 month and 1 year
this script displays information in two languages - English and Russian
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Чтобы на метке отображалось изменение цены за 1 день, 1 неделю, 1 месяц и 1 год, необходимо переключить график на дневной (1D) таймфрейм
этот скрипт показывает:
- максимальную цена и дату этого максимума
- минимальную цена и дату этого минимума
- текущую цена и дату этой цены
- разница между текущей ценой и максимальной ценой в процентах (%) и в долларах ($)
- разница между минимальной ценой и максимальной ценой в процентах (%) и в долларах ($)
- изменение цены в процентах и долларах за 1 день, 1 неделю, 1 месяц и 1 год
этот скрипт отображает информацию на двух языках - английском и русском.
KAYA_TRENDThis is a trend indicator created for follow trend. You can follow trend from candle colors.
Lime = Bullish Trend
Red = Bearish Trend
Yellow = Trend is turning. Or trend is weakening.
Also you I added 1000 period LSMA with ATR bands for understanding trend.
If have a question please comment below.
Bitcoin 2-Year MA Multiplier by GodtrixHi guys, I found this tool very useful and accurate, but can't find it on Trading View, so I made one for myself and everyone here ;)
Alert is available too.
Indicator Overview
The 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns.
To do this, it uses a moving average (MA) line, the 2yr MA, and also a multiplication of that moving average line, 2yr MA x5.
Note: the x5 multiplication is of the price values of the 2yr moving average, not of its time period.
Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns. Selling Bitcoin when price goes above the 2yr MA x 5 (red line) has been historically effective for taking profit.
Why This Happens
As Bitcoin is adopted, it moves through market cycles. These are created by periods where market participants are over-excited causing the price to over-extend, and periods where they are overly pessimistic where the price over-contracts. Identifying and understanding these periods can be beneficial to the long term investor.
This tool is a simple and effective way to highlight those periods.
Credit to & Created By
Philip Swift
Date Created
July 2017
BITSTAMP:BTCUSD