Ehlers Market State Indicator [CC]The Market State Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically part of three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for the market state which acts as a trend direction and tells you whether the trend is strong in either direction. Keep in mind that when the indicator rapidly switches then the market is choppy and when it is a steady line then it is a very strong trend. Essentially buy when the indicator line is green and sell when it is red.
Let me know if you would like me to publish other scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Trend
End Point Moving Average [CC]The End Point Moving Average was created by Patrick E. Lafferty (Stocks & Commodities V13 (413-417)) and it is essentially a variation of the weighted moving average but the weight system is different. Feel free to change the offset and length amounts to adjust to your needs but I'm using the default amounts in my script. This hugs the price very closely and I think you will enjoy this script as much as I had making it. As always buy when the indicator line is green and sell when it is red!
Let me know if you would like me to publish other scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Jsa Moving Average [CC]The Jsa Moving Average was created by George R. Arrington, Ph .D. (Stocks & Commodities V. 11:10 (427-431)) and it is an extremely simple formula but has very many great uses. For one thing it acts as support and resistance levels and it also acts like a trailing stop. It gives a wide enough berth during extended up or down trends to let you ride the wave up or down and when it gets close to the price it means that it is a choppy market. Buy when the indicator line is green and sell when it turns red.
Let me know if you would like to see me publish other indicators or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Rex Oscillator [CC]The Rex Oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. Buy when the indicator is green and sell when it turns red.
Let me know if you would like me to publish other scripts or if you want something custom done!
Vendredi's Daily SmashSpecial Thanks to Vendredi for helping me tweak and improve this indicator. It is now fully functional in TV to open both Long or Short Positions.
THIS INDICATOR WILL NOT WORK WITH DEFAULT C1, BASELINE, AND EXIT CONFIG. Think of it as a learning lesson. Put in a little effort to find proper config to use them :-D.
Long Entry Criteria
- Price must close above C1 indicator
- Price must remain above the C1 indicator in the current candle and be heading above the previous candle close
- Price must do the same as the two points above for the BASELINE indicator
- C2OPEN indicator criteria must be met for both the current candle and the previous closed candle (just like C1 indicator)
- Price must not be actively exceeding the upper bollinger band
- RSI must be above 70
- Closed candles are not limited to, but should absolutely apply to, C1, C2OPEN, and BASELINE
Short Entry Criteria
- Price must close below C1 indicator
- Price must remain below the C1 indicator in the current candle and be heading below the previous candle close
- Price must do the same as the two points above for the BASELINE indicator
- C2OPEN indicator criteria must be met for both the current candle and the previous closed candle (just like C1 indicator)
- Price must not be actively exceeding the upper bollinger band
- RSI must be below 30
- Closed candles are not limited to, but should absolutely apply to, C1, C2OPEN, V1 and BASELINE
Alert Config
- Select the Indicator and Select the VDS Buy or VDS Sell for Long or Short
The rest is up to you.
cATRpillerThis indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Composite RSI2/9Composite RSI is a new way of calculating the RSI. Unlike the RSI that is a sort of a momentum indicator, composite RSI2/9 is more a trending indicator. It tends to filter out insignificant price changes and seems to be good in identifying the underlying trends.
This indicator shows the average RSI between two periods (default values are 2 and 9) considering the same for multiple timeframes.
For example if the average between RSI2 and RSI9 for 1H and 4H is crssed below static sell level (values is adjustable) it could be read as a signal of down trend.
I suggets to use with higher timeframe.
Xtreme TrendDisclaimer: This base Script is derived and tweaked from Half Trend. But unlike halftrend, it doesn't repaint and signals come at different logic.
Background:
I was using this script and trading with this for a while. Few weeks back I had come across a similar Script being sold as premium in Tradingview for $100 per month. The seller has a lots of videos in youtube and claims that he has created this script by investing lakhs and it also takes consideration of price action !!! . No doubt he is a successful trader but if you watch his other videos you will realize that he trades with S/R, trendlines and price action. He speaks quite well, and the morphed videos give impressions that all his profits are from using this indicator. I fell for it, but then after using for a few days I had realized that both the indicators are almost same, but giving signals at different time. When I edited my indicator for a few settings, it appeared that now signals are also coming exactly at same point. I never wanted to publish this script, but this person was going on and on fooling people. So, I have decided to publish it here, as a protected code. Again this is no holy grail. Works well in trending market and hell in sideways.
How to Use:
PLEASE WAIT TILL CANDLE CLOSE, take entry in the beginning of next candle. Time frame: 5 mins for index, 15 mins - 30 mins for stocks
Add 200 EMA over it ( Personally I love using 50 MA) and buy when signal and price both are on same side. Example, buy when there is buy signal + price is above 200 EMA
Sell: When price is below 200 EMA and there is a sell signal on the indicator.
Seems better when you mix it with pivots, S/R etc.
please comment, if you find this useful.
TS - Trend Moving AveragesOverview
Simple trend indentification indicator based on a mix of SMA & WMA components.
Default settings built for the 1D chart with an optional 3rd fast MA that can be toggled.
Can be used alongside more advanced Tradespot indicators
Access
PM me, our indicators come as a wider package.
Trend Trade ( in W, D, H, 15M )Condition:
Uptrend, EMA5 > EMA8 > EMA13
Downtrend, EMA5 < EMA8 < EMA13
EMA# input can be changed by user.
Trading Plan:
1. Long in Uptrend when Price croseover EMA5;
Buy EMA5 + 0.03 (Do not wait for close), initial stop EMA13-0.03
If it is a big Gap up, do not chase. Let it go;
2. Short in Downtrend when Price croseunder EMA5;
Short EMA5 - 0.03 (Do not wait for close), initial stop EMA13+0.03
If it is a big Gap Down, do not chase. Let it go;
3. No target strategy in this study;
Back test Weekly, daily, hourly, 15M chart for ES1!, CL1!, GC1!, SPY, QQQ, TLT, IWM, XLF, XLK, XOP, GS, IBM, APPL, AMD, MMM, WBA
When side way move, Entry could be stopped quickly with small loss;
When entry in trending move, the position could be hold for a good range, and keep adding to winner.
Using this study, Futures and ETFs are better than single stock. Big Gap can break the trend, and trigger big stop loss;
This study is designed to join an existing trend. Try not use this in the time frame below 15 min.
To catch the turning point of a swing, Price action (Demand/Supply Confirmation) and trendlineBreak could be more accurate than EMA/SMA lines.
GODMODE WAVESGODMODE WAVES
Basically used for Trend Direction purpose
Indicator shows Trend direction depending upon price action
Simple to use
Blue/Cyan color shows Trend is Bullish
Red color shows trend is Bearish
Bands acts as support and resistance
lable shows when the crossover happened
Bar colors
Red/Orange = Extremely over bought zone
Green = Extremely over sold zone
(Note = when bar colors appears take profits or wait for the retrace )
DM me for access
MTF Trend Scanner v2The MTF Trend Scanner searches multiple timeframes to identify the outlook for that particular timeframe. The overall trend becomes stronger with confluence between the timeframes.
However, the individual timeframe can be used on their own. When the colour switches red/green for the first, that mean it's the start of a new trend for that particular timeframe. It'll stay in trend until it switches off (this doesn't mean price can't reverse the opposite way so just keep that in mind!)
Use the link below to obtain access to this indicator
MATP, Moving Average Trend predictorMATP prepared based on moving average lines to predict Short term, mid term and long term trends. B for Buy and S for Sell character printed to take position based on short term and long term trend lines .
Call: Take Long (B) or Short (S) position when respective Char printed.
Please do tune indicators values from setting based on your script to get accurate call.
Happy Trade
By
Gops
Cubed Weighted Moving AverageThis is another indicator that I have created that is my favorite script yet for a weighted moving average. This indicator is very similiar to a classic weighted moving average but in this version I'm cubing the weights. It hugs the price very closely as you can see and of course buy when the indicator line is green and sell when it is red.
Let me know if you would like me to publish other scripts or if you want something custom done!
Scalping PullBack by AbhiSetup and hints:
When price is above the PAC(blue bars) we are only looking to buy as price comes back to the PAC, when price is below the PAC(red bars), we are only looking to sell when price comes back to the PAC
What we’re looking for when price comes back into the PAC we draw mini Trendlines (TL) utilising the Fractals and HH/LL points to guide your TL drawing.
Now look for the trend to pull back and break the drawn mini TL. That's is where we can place the scalp trade.
So we are looking for continuation signals in terms of a strong, momentum driven pullbacks of the PAC EMA(34).
The other EMAs are there to check for other Pullbacks when PAC EMA (34) is broken.
Other than the "SweetSpot Gold RN" indicator, you should not need any other indicator to scalp for pullbacks.
If you want to trade shallower Pullbacks for quicker scalps, try reducing the PAC and EMA combination lengths for example:
- 21 PAC and 55, 144, 377 for fast, medium, slow EMAs
- 13 PAC and 34, 89, 233 for fast, medium, slow EMAs
Each alert should be evaluated on it's own merits, the alerts are designed to highlight possible scalping trades from Pullback recoveries around the PAC.
auto take_profit levelAutomatic indicator of take profit levels for any time frame.
It can be used as a visualization of resistance levels, when the lines are located next to each other, the price goes to the side where the levels are located more freely.
If you have an indicator with signals, you can set take profit by levels.
