Sell Gravitation IndexThe Sell Gravitation Index was created by Howard Wang and was published in Stocks & Commodities V37:02 (36-38)
This indicator is similar to the relative strength index but the big difference is that this indicator gives early buy and sell signals which I find very helpful. Buy when it rises above its signal line and sell when it falls below its signal line.
Let me know if you would like to see me publish any other scripts!
Trendcontinuation
MWDX AverageThis is a variation of an exponential moving average which follows the price pretty smoothly. Feel free to change the factor to adjust how closely it follows the price. I set the default to 0.2
Let me know if you want me to write code for any other indicators!
Filthy REPAINTING of McNasty Profits*** THIS SCRIPT REPAINTS ***
Looking at the history will go you NO IDEA as to actual performance, or alerts that triggered within each bar. I made all of the alerts repaint in order to allow an alert each minute a condition is met, and never again after.
For instance; receive an alert each time the price is within a particular plotted area on the chart (as defined by settings). This could not be accomplished without repainting.
In order to receive a notification of the price crossing a particular line, YOU NEED TO SET ALERTS TO "ONCE PER MINUTE."
This way, if you use an alert to enter a position and then get stopped out, you can re-enter on the next alert if the price moves in the original direction again within the same bar.
Also, I made this script so that each entry has an available Stop Loss alert that will get you out of a position going in the wrong direction (and option to enter in opposite direction). You set the parameters within the settings.
Although each position has a tight Stop Loss available via Alert, I also recommend using a similar tight Stop Loss directly on your exchange in case an error occurs anywhere within the chain.
This script HAS A LOT OF OPTIONS for how you can use it, from very conservative to extremely aggressive. There are NINE customizable alerts for the user to decide how/when to use, or ignore entirely.
When the Alerts are set to "ONCE PER MINUTE" you will get an alert each time the price crosses the corresponding area on the chart, but the characters only remain on the charts history if the alert was still firing (Once Per Minute) when the bar closed. This is why the Alerts on the chart's history are completely irrelevant.
As you can imagine, this is a LOT OF ALERTS. Consequently, this is meant for use with "bot trading" using the Alerts to automatically Open and Close positions.
I am using it with 3Commas to make trades on Bybit.
At the time of publishing, this is "Invite Only." I need to test it out over a range of time, conditions, chart time frames, pairs, etc... before opening it to the public.
Ultimate Pullback IndicatorWhat is the Ultimate Pullback Indicator?
This indicator detects pullback trading opportunities by analyzing price action in a very specific manner.
By combining simple trend filters with various advanced candlestick patterns it detects high-probability trend-continuation setups (and optional exits).
If you use this script to set alerts then you will never miss a pullback trading opportunity ever again!
I personally use this indicator to profitably trade pullback signals in the forex markets on multiple timeframes, from the 15-Minute chart to the 4-Hour and Daily chart.
For more information visit my website: The Ultimate Pullback Indicator .
How Do I Access It?
I currently use this script to trade live money in the forex markets, but I’m also constantly testing and improving it. Therefore this is a constant work-in-progress and I’m always taking meticulous care to make it better.
That’s why this is a premium script that requires payment to access. The other advantage of charging for it is that it retains exclusivity to only a select few dedicated traders.
You can access the script by purchasing a monthly subscription on my website .
If you don’t want to pay for this script then I completely understand and I have plenty of other free scripts that you might be interested in!
Free Trial
I’m a trader myself and so I know how skeptical you might be that this indicator is worth your time and money.
That’s why I am offering a free 14 day trial of the indicator. All you need to do to initiate your trial is Join My Mailing List!
How It Works
When price is above the 50-EMA the script will wait for a pullback of at least two red candles. Once that condition is met, it begins searching for advanced entry patterns.
The opposite is true for short trades – price must be below the 50-EMA and must pull back by at least two green candles before it will begin searching for entry reasons.
Once it detects a valid entry reason it will draw a green arrow (for longs) or a red arrow (for shorts) as well as your stop loss and target price (the red and green lines).
But these settings can be customized however you like. You can change the EMA to any period you want, you can adjust your stop loss distance, you can enable or disable the entry and exit reasons as you wish, and you can adjust the rules for some of the patterns.
For a full list of features and visual examples visit the indicator page on my website: The Ultimate Pullback Indicator .
Trend CheckpointsTrend Checkpoints reversals
Green :
1-Trend meter 3 green oscillators
2- Stochastic Rsi going down from 100-75
3- Stochastic Rsi with red background (optional on settings)
4- Price action above
Red :
1-Trend meter 3 red oscillators
2- Stochastic Rsi going down from 0-25
3- Stochastic Rsi with green background (optional on settings)
4- Price action below
nTrend Moving AverageHello Traders
This script color the candles to remove some noise related to the natural color of the candles
Basically, it will color the candles based on how the candle is positionned versus a moving average
For traders thinking that price above a moving average is bullish/price below a moving average is bearish, this is a powerful instrument to have in your toolbox
Enjoy
Dave
Renko - RSI MomentumIn essence this Renko trading system is the following:
1. Momentum based entries
2. Trend trading system (small losses, big wins)
3. As well as a trend continuation system
------------------------------
!IMPORTANT!
------------------------------
- You MUST have a Pro+ account. Why? Cause Renko NEEDS to run on 1min or 5min chart, nothing larger.
If you don't, the chart will repaint .
------------------------------
CHART SETUP
------------------------------
1. Set chart to Renko
2. Set period of chart to 1 min (or 5 min)
3. Set Renko box size method to "Traditional"
4. Set Renko box size to:
- JPY Pairs: 0.2 to 0.4
- Other Major/Minors: 0.002 - 0.004
- Exotic pairs: NO IDEA... (I haven't tested them yet)
5. Load the indicator
------------------------------
RULES
------------------------------
Trend Entry
An arrow will appear the following conditions are met:
LONG: RSI(7) goes above 55 AND price is above the 50 SMA
SHORT: RSI(7) goes below 45 AND price is below the 50 SMA
Enter immediately after the bar is printed.
Counter Trend Entry
An orange dot appears when the following conditions are met:
LONG: RSI(7) goes above 55 AND price is below the 50 SMA and above the 10 EMA
SHORT: RSI(7) goes below 45 AND price is above the 50 SMA and below the 10 EMA
I would not suggest entering immediately but rather finding a trendline or support/resistance that is being broken.
Exit
- Exit when a white bar is printed
- OR use your own discretion. Like 2 bars in opposite direction or on EMA cross or hit of support/resistance.
------------------------------
CHART
------------------------------
- Green bars are when the RSI(7) is above 55.
- Red bars are when the RSI(7) is below 45.
- White bars are when the RSI(7) is between 45and 55.
------------------------------
Ultimate Trend Analyzer by HypesterTrading is not all about scalping/day trading. To have a healthy and diversified portfolio, you should always have some trending long term assets to mitigate risks and keep your wallet always on the green side.
That's why Hypester once again innovates with the Ultimate Trend Analyzer. With the UTA you can check the trend's health with one glance.
Do not fool yourself, the Ultimate Trend Analyzer offers different trading profiles, so it doesn't matter what kind of trading you are doing, from long positions to intraday scalping - UTA can quickly adapt with one click. UTA offers Swing/Longterm, Day Trading and Scalping profile.
It also has two correlation methods, volume, and price. So you can decide what you want to prioritize most.
Not only that, there are two smoothing methods, linear regression and symmetrical averaging so you can remove noises from your indicator line.
The UTA offers you insight about the trend's health, just by looking at the background color, the stronger the color, stronger the trend. So higher up it is, stronger the uptrend is. The lower it is, stronger the downtrend.
Nevertheless, the UTA also gives you insight within trend corrections and peaks and bottoms with the indicator line color. So if you have a bullish trend and you see an orange line color, it means that direction is changing and you will observe a line color change, which means the course is now bearish even though the overall trend is going up. This feature is great for swing/scalp trading looking at the big picture.
Trend Strength Index by TradingeneТhis indicator shows the strength of the trend. Although its logic is quite simple but it copes with its task well. Аnd that's its advantage.
TFTF is an algorithm that solves one of the big unknowns of any trader, the direction where the prices of the asset will go.
TF is based on the analysis of sentiment and other macro economic factors that influence the evolution of present and future prices of almost any asset.
The algorithm performs the necessary calculations and draws a a lower indicator of green or red bar. In this way alerts a future evolution of prices. As soon as that bar goes from green to red or vice versa, it indicates that prices are going to fall or rise respectively and as long as the indicator bar continues in the same color it indicates that the trend is still strong. This is a dynamic indicator and can change the alert regardless of whether the candle has closed or not.
TF must be used in conjunction with other indicators of your preference to find the right time to go long or short, or to find levels of overbought or oversold, support or resistance levels, Fibonacci or those of your preference to find the best points of entry or exit. In short TF allows to resolve the doubt in which side of the trade I must place, whether to go long or short.
It can be used in any type of asset, Stock, Futures, Forex or Crypto and in almost any time frame. The greater the volatility of the asset, the timeframe may be shorter.
AAPL 2018 in a daily basis highlighting the buying days
AAPL 2018 in a daily basis highlighting the selling days
ESZ8 in 15 min time frame
CLF9 in 240 min time frame
MSignal Trend Continuation Indicator Msignal Trend Continuation Indicator
Alerts continuation trading patterns and signals trades that take advantage of price action turning points.
It seeks to find near term support and resistance levels and then identifies places on the chart to entry, and take profit of the established short term trend.
The indicator is based in price action and market timing algorithms to determine these turning points at significant price levels in the markets.
That way, you can be sure you have chance to enter in the market at the best level of the trend and take a high probability trade and ride the best part of the trend.
Once the MSignal indicator has spotted a continuation pattern, it clearly displays a Buy or Sell signal on your chart, showing you exactly where possible entry to continue with the trend.
ElanStrategy v2.0A trend-following strategy with a twist.
I worked on the premise that Bitcoin price swings can not be predicted properly, since it's such a heavily manipulated market. Therefore, I chose to work with following the trend instead of predicting reversals.
It uses a weighted average of short, medium, and long range MA's.
This is the second version (see link below for v1.0), The main difference is that this new version uses a less binary position - it will change the position more gradually.
This one will automatically correct for bar duration, and works well from 1 to 4 hour charts. (1 hour chart seems to have data going back to only 2018/01/01 at the moment of writing, so I recommend using the 2H chart or higher)
Previous version:
Smoothed CandlesIt is a graphical indicator that brings several advantages.
Eliminates noise.
Facilitates the identification of the trends.
Uses fibonacci ratios.
Can be used as directional force indicator.
Adaptive Trend OscilatorAdaptive strategy for strong move starting points. When it capture signal stay in that direction until lost momentum or get a counter signal
Script and Bot Marketplace's Trend Detector 2.0Use this custom indicator to analyze the current trend of any market that you choose on all time frames. Works great as a secondary indicator while day or swing trading.
Interested? Check us out here: www.scriptandbotmarketplace.com
Join our discord to talk about bots, scripts, and crypto: discord.gg
Trend followerThis indicator is a trend follower that uses exponential moving averages to estimate the trend strength and prints a BUY label every time that price action matches the algorithm conditions. Always wait for the closure of the current candle to confirm the conditions match.
Ideally, the trade should be taken with a BUY STOP order placed above the signal candle and a STOP LOSS below the most recent swing low; make sure you allow enough room for the trade to breathe.
For additional resources, follow my YouTube channel .
You can also join my Facebook group or PM me directly here on Tradingview.
Daytrading Indicator for trend continuation entry
Daytrading Indicator for precise entry base in trend continuation pattern
ITekSignal Full v1.0 Trend REVERSAL and CONTINUATION ITekSignal Trading System helps you identify trend reversals — quickly and accurately.
There’s a price action pattern that occurs in every market and on every time-frame.
This price pattern shows a fight for balance, between seller and buyers…
When the pattern is completed, that means the fight for balance has ended.
And you’d know which side has won: Seller or Buyers, Supply or Demand, Bulls or Bears.
Once ITekSignal indicator has spotted a reversal, it clearly displays these Buy or Sell alerts on your charts… showing you exactly where possible reversals may occur.
ITekSignal Indicator will draw an up/down arrow on your chart, telling you there’s a trade opportunity for you to consider. So we’d enter the market for a ride of the new trend.
The indicator is also capable of detecting CONTINUATION pattern (in addition to REVERSAL patterns)
ITekSignal indicator gives you all kinds of alerts you’ll ever need:
Trend Reversal alert & Trend Continuation alerts
Contact the Author for Subscription
@iteksignal
iteksignal@gmail.com
Guppy MMA 3, 5, 8, 10, 12, 15 and 30, 35, 40, 45, 50, 60Guppy Multiple Moving Average
Short Term EMA 3, 5, 8, 10, 12, 15
Long Term EMA 30, 35, 40, 45, 50, 60
Use for SFTS Class
ZTrendPick Bottoms and Tops of a trend with ZTrend indicator. Use this indicator in multi frame for superb results.
If you are a Short Term trader, then use 2 hourly and Daily timeframe combination.
So after a downtrend, buy when 2 hourly candle turns green and wait until Daily candle also turns Green. Exit when 2 hourly candle turns red.
Ride the trend and do not exit until the 2 hourly candle turns Red.
When 2 consecutive candle body become thin, means end of a trend is near. Therefore either reduce the position or hedge.
Discipline is the key, therefore exit on the indication and do not wait in hope of marking turning your side.
Matrix Trend Reverse EngineeringSelling algorithms.
Contact me to code your own indicators or strategy.
Donchian Channel Alerts R1 by JustUncleLThis idea is based on the Donchain Channel centre line Price action. When price moves from the highest/lowest point, the price will move to the center line first. At this point, the center line acts as dynamic support/resistance and often price will bounce back up. However, if price successfully breaks the centre line (primary entry condition), then prices will tend to catch up to the bottom channel line, many times making further moves in that direction (secondary entry condition).
This script alert idea is designed to be used with Renko (10pip brick recommended) Renko or Heikin Ashi (1 hour recommended) charts. It combines the Donchian Channel centre line price action with a directional coloured EMA (default length 8) to provide entry and exit signals.
There are three options to exit trade:
MA Cross (default exit) = exit occur when price breaks EMA in opposite direction.
Centre Cross = exit occurs when price breaks back passed the centre line in opposite direction.
Brick Colour = exit when a brick/bar paints in the opposite colour to trade direction.
Each Entry and Exit signal creates an Alertcondition that can be picked up by the TradingView Alarm system.
TIPS:
This type of Trading technique only works well in a trending market. Do not try to trade this technique in a ranging/flat market, wait for market to return to trend or pick another pair.
To get 10pip Bricks set Renko to "Traditional" type bricks and 0.001 for non-JPY currency pairs and 0.1 for JPY currency pairs. Also set chart Time frame to 5min or 15mins.
Renko chart:
Trendy ADX DI+ DI- Trend Strength - BonavestTo add this indicator to your charts:
Click the 'Add to Favorite Scripts' button down below this description.
Trendy ADX is a lower indicator that is used to determine strength of trends. The DI+ and DI- lines cross one another depending on the trend direction based on the Length input with the current trend, DI line, being on top or higher.
The ADX line shows the strength of the current trend, with a value over 20 being a trend with growing strength. Trends with ADX less than 20 are said to not be strong enough to be traded as well as if the ADX is less than both the DI+ and DI- even though it is higher than 20.
An added number value that is not a part of the typical ADX/DI indicator is the 'Score'. This is a value that ranges from -3 to +3 including 0. This score allows you to set alerts based on Score and be alerted when a certain level is reached. The Score values are fully configureable in the Input Settings screen.
The Length setting is the only important adjustment for the indicator itself. The 3 suggested values to use are 7, 11 and 20 (default 11).
The Threshold setting is purely for visual adjustment of the yellow dashed line (default 20).
I use this indicator for:
Keeps me in a trade longer to capture long trends
Determining if the current trend has more room to continue
Filter out reversal buy/sell signals if trend is just beginning
My observations in using this indicator is to ignore reversal signals if the ADX line has not crossed above the DI+ or DI- line of the current trend (red/green background). I also expect a small pullback or sideways price action when the ADX line does cross the current trending DI line.
There are 2 Built-In Notifications already created for you and are available by simply right clicking in the indicator area and selecting:
Condition: Trendy ADX
Then 1 of the 2 Alerts:
Trend Direction Change - Score crosses 0 changing to 1 (green/UP) or -1 (red/DOWN)
Trend Strength Change - Score changes in any direction by a value of 1
How to Trade the Average Directinal Index Video: youtu.be
This adaptation was based off of the original code from @MasaNakamura.
