Fat Side PathI got the idea for a narrow Donchian Channel with a short lookback period which closely follows the price fluctuation in which the sides of the channel have a thickness according to the range of the last touching candle.
Any channel, be it Donchian, Keltner, Bollinger Bands or Parallel, has an upside and a downside, touching the upside is a buy signal as this may initiate an uptrend, the downside a sell signal because a down trend may come.
This gave me the idea to make only the last touched side fat, thus creating visible switching between uptrend and downtrend. However this is ‘too digital’, as in practice also periods of no trend occur in which signaling a trend would give a false signal. In a Donchian channel (and also Bollinger Bands) such periods are marked by narrowing the channel. So I gave a no trend signal to the sides when the channel is narrower than a minimum width to call a trend. I gave the thing nice colours and proper default settings.
Use of the channel in trading.
I think this thing can be useful for swing trading. In channels two typical things may happen that should be noted by the trader, these are LB, Leaving the Border, which signals a trend reversal and FTT, Failure To Traverse, i.e. the price doesn’t manage to cross the channel to the other side. This affirms the trend. FTT’s are not expected in short lookback channels like this path (Sidenote: Fibonacci levels can be regarded as predictions where FTT’s may occur). The fat side indicates direction. Because somehow trends seem to end with a notable range extension, this channel sometimes produces a “Big Blob” where the trend reverses.
I intend to use this thing together with my Keltner Fibzones channel, where the zones serve as a ‘landscape’ in which the Fat Side Path meanders providing ‘comments’ on the short term price movements.
Uptrend
Alert// Short+long: SAR+HMA+Bollinger+support/resistanceHello, dear friends.
This script can be used for various strategies. Whether it's a scalp like now or more positional purchases. To determine the minimum and maximum, SAR ,resistance points, support points+HMA+ Bollinger channel are used. The entry occurs when the SAR intersects with the HMA , if it is above or below the support/ resistance levels.
In the settings there is a "back" how many bars to use back to search for these conditions.Also the standard setting is SAR+ multiplier.
The strategy based on these alerts is the same, but the conditions stipulate that the entry into the deal does not occur (while you are in the deal) if the purchase is more expensive than the previous one.
Stacked Moving AveragesThe Stacked Moving Averages indicator lets you see if a ticker is in an uptrend, downtrend, or no trend based on the condition of the moving averages. If the moving averages are stacked such that MA1>MA2>MA3>MA4>MA5, then that is described as an uptrend. If the moving averages are stacked such that MA5>MA4>MA3>MA2>MA1, then that is defined as a downtrend.
The moving averages can be SMA, EMA, or DEMA, and it’s possible to view all the moving average series in the chart or hide all series and only see if there is an uptrend or downtrend according to the condition.
Note: If length 4 OR length 5 is zero the MA4 OR MA5 will be ignored.
EMA CrossoversUseful for identifying and receiving alerts about uptrends and downtrends.
This script uses two Exponential Moving Averages (EMAs) to find price uptrends and downtrends. An Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points. The script produces uptrend and downtrend signals based on crossovers and divergences between the two EMAs, the user will be able to spot a trend change (when the EMAs crossover) and to determine the strength of the current trend (when the EMAs diverge). It is also posible to get alerts for uptrends and downtrends on the web and mobile app with sound and pop-ups as well as via email. The optimal time to enter and exit the market can be concluded from this trend changes.
The user can set their own EMAs, by default they are set to 21 and 55 periods for medium and long term respectively. When the medium term EMA crosses below the long term EMA the asset is in a downtrend and the price will decline, and when the medium term EMA crosses above the long term EMA the asset is in an uptrend and price will increase.
This scripts plots the following indicators and signals on the chart to help the user to identify trends:
1.- Medium and long term EMAs as lines overlaid on the price chart.
2.- Up green triangles above bars when the price is on an uptrend and down red triangles below bars when the price is on a downtrend.
3.- Arrows with text to indicate the start of an uptrend or downtrend.
The user can enable and disable the indicators and signals as well as set colors and shapes to their liking.
This script also lets the user create alerts for uptrends and downtrends. To create a new alert using this script follow this instructions:
1.- Once you added this script to your chart, go to the alerts panel (right on web or bottom tool bar on the mobile app) and add a new alert (alarm clock icon with a plus sign).
2.- A modal window will open. On the “Condition” dropdown menu select “EMA Crossovers”.
3.- On the next dropdown menu (right below the “Condition” one) you can select from two types of alerts “Uptrend started” and “Downtrend started”.
4.- Lastly you can set all the normal alert options and create the alert.
Doble stochastic oscillator fast and slowThis is a two stochastic in one indicator :
We have a normal stochastic, and a slower one in order to identify changes in the price movement.
At the same time I added more levels, so its easier visually to identify in each scenario we are.
The slower oscillator, also change color based on direction it has.
Green color = long direction - > buy
Red color = short direction - > sell
Improved On balance volume with BB channel and double MAThis is an improved version of the on balance volume indicator.
I made it inside a bollinger band channel, so we can define better the zones. At the same time I applied 2 moving averages on OBV, to get a better idea of the trend and at same time that change direction of the trend.
Green - > uptrend - > we look for buy positions
Red - > downtrend -> we look for sell positions.
At the same time we have to be aware of crosses on bollinger bands, which can indicate a change in the trend .
Improved Commodity Channel IndexI took the normal CCI version and I made it better and more pleasantly visual.
At the same time now the CCI changes color based on the direction is going to take
We also have more levels, to define even better the current situation.
Details are simple :
green color cci = uptrend - > buy
red color cci = downtrend - > sell
RSI TrendsRSI is a momentum indicator, however most people seem to be using it to go against the momentum by trying to identify tops/bottoms using it. Its in my opinion the wrong way to be using it. It can be easily used for trend following which seems like a better use for it.
Uptrend - RSI > 60
Downtrend - RSI < 40
Sideways - RSI between 40 and 60
If however not interested in filtering for sideways trends and convert it to a long-short only strategy that stays in market all the time then it can be simply modified by setting both overbought/oversold thresholds to 50. In such a case uptrend will be above 50 and downtrend will be less than 50.
Note: wait for close for current bar to be confirmed as RSI is calculated at close
Y&J BOOMERANG EMA x3Basic EMA scalping strategy . HFX Short time frames, using candlestick patterns to find Exponential Moving Highs and Low to Indicate Active Trends
Webby's RSIMike Webster's RSI (Really Simple Indicator), aka Webby's RSI .
This script is a PineScript port of John Muchow's ThinkScript port.
This indicator useful during an uptrend to gauge the general market trend. It is used against leading market indexes like Nasdaq.
It tracks day low against 21d ema. Day low above 21d ema and above in the range of 0.5% to 2% is considered as normal and positive.
During the initial days of an uptrend, above 2% is considered positive and strong uptrend but not during the late stage of the uptrend. Below 21d ema, the uptrend may be under pressure, and caution is recommended.
Volume Divergence by MMIt's a simply volume indicator. You should watch for breaks on both volume uptrend and volume downtrend. It uses fibonacci numbers to build smoothed moving average of volume.
Also you can check divergences for trend reversal and momentum loss.
Buy in long term uptrend (Weekly and Daily)Condition: in uptrend, EMA8 > EMA144 (User can change the EMA# from input);
Price Action: (Price crossover EMA144) or (price touched EMA144 and close above it);
Trading Plan: Buy at close or next open; Initial Stop below EMA144;
No Exit strategy in this study, trader needs to move stop by other rules; such as, uptrend line break;
Back test Weekly and daily chart for SPY, QQQ, TLT, GLD, IWM, XLF, XLK, XOP, GS, IBM, APPL, CAT, LVS
1. When side way move or price From uptrend to Down trend, Entry could be stopped quickly with small loss;
2. When buy in trending move, the position could be hold for few years.
The best sample is QQQ weekly chart.
This is my first tradingview script. I created this script file and tested in one week.
Maybe, this script is too simple, other people published similar code already; Sorry, I didn't Check that yet.
Enhanced Exponential Deviation Bands - Vitali ApirineEverybody has heard of Bollinger banding right? Well, if you are looking for those, you have come to the wrong place. This is something very similar though! These are "Enhanced Exponential Deviation Bands" in the overlay panel employing PSv4.0, originally devised by Vitali Apirine for an article in TASC - July of 2019 Traders Tips. This indicator is freely available for all members to use.
The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section if you do have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members, I may implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
DH: Bully Bar Grid Uptrend PredictorBULLY BAR GRID UPTREND PREDICTOR
Enhanced with Tradingview Alerts.
WHAT IS A BULLY BAR?
In trading, especially in Grid Trading, sometimes you need that extra "nudge" to jump in, start a trade, start a Grid or stay in a trade that you're already in, right? That's where the BULLY BAR GRID UPTREND PREDICTOR comes in... it helps to reinforce a decision to jump into a LONG trade. Once you see a YELLOW candle (especially a yellow candle with a green border) , this indicator is signaling a high probability (or possibility) that an uptrend is forthcoming. Sometimes this uptick can be a lot, other times less, but if you are grid trading and have set reasonable parameters for your grid range, you are likely going to trend up and out the top of your grid for a profit.
GUARANTEED UPTREND?
Let's be real... we're talking crypto right? Nothing is guaranteed, but at least the odds are on your side with the BULLY BAR indicator!
ALERT READY
You can set a Tradingview alert to signal you each time a yellow BULLY BAR appears on the asset of your choice. Any time frame is ok, but we recommend 1 HOUR CANDLES (or greater) for best results. Just select the BULLY BAR in the alert set-up window and set parameters to GREATER THAN / VALUE = 0 --- that's it. Every time a yellow candle Bully Bar appears, you'll be notified and can evaluate the trading opportunity at-hand.
HOW TO READ BULLY BAR SIGNALS
1) Set your candle style to HEIKIN-ASHI (highly recommended for better results)
2) Use a chart time frame of ONE HOUR or greater. (If you are tempted to use a shorter time frame, review the signal history in the shorter timeframe FIRST to confirm accuracy.)
3) Wait for a YELLOW candle or set an ALERT (there will also be a correlating yellow diamond at bottom of chart.) This is your signal that an uptrend may be possible.
4) If the yellow candle has a GREEN border (or whatever color you normally use for an up candle) then there is a good probability price action will move up.
5) If the yellow candle has a RED border (or whatever color you normally use for a down candle) then there is a better than average possibility price action will move up.
6) If there are OTHER MARKET CONDITIONS that dominate current prices (like a continuing long downtrend, an oversold market, or perhaps you are already close to strong upper resistance levels) then you should ignore any "questionable" Bully Bar signals that might trigger under conditions such as this. If you are using 1 HOUR+ candles you have plenty of time to evaluate the signal opportunity.
TO THE MOON?
The Bully Bar does not indicate exactly when or how far up a trend or price uptick might occur, but if you are grid trading and have your grid range set to a reasonably range (based on upper resistance levels, fibonacci levels or average recent range fluctuations) then the odds of a successful exit out the top of your grid is a reasonable expectation. In fact, be prepared, because you may need to close out your grid at a profit and move it up to a higher range!
WANT TO LEARN MORE ABOUT GRID TRADING?
COMBINE WITH OTHER GRID INDICATORS
It is recommended you use this indicator in combination with other indicators, your knowledge of trading and market conditions. This will help you refine your grid start parameters and opportunities. This BULLY BAR indicator works hand-in-glove with the GRID RANGE FINDER INDICATOR , the GRID BOX MAPPER and the GRID START INDICATOR .
Join our Crypto Grid Masters Community (Discord) for additional help and ideas with my indicators and your grids!
Automate your Grid Strategy using the Grid Bot here:
cryptogridbot.com
THIS IS A PAID INDICATOR
(currently at 50% off annual subscription)
PURCHASE or SUBSCRIBE HERE:
ez.ht
AFTER YOU'VE PURCHASED - ping me here at Tradingview with receipt number (@ DanHollings ) or my Discord
Any indicator you purchase will be added to the "Invite-Only" section of your indicators area at Tradingview as quickly as I can get to it.
PLEASE HIT THE LIKE BUTTON (and follow me... lots of great stuff in the works!)
As always, I appreciate your support. Please share with others.
ENJOY!
Dan Hollings
Master Crypto Grid Trader
Host of the "High Leverage Lounge"
Please Explore My Other Indicators, Scripts, Grids and Educational Ideas.
@ DanHollings on Tradingview
Crypto Grid Bot
cryptogridbot.com
Crypto Grid Master Discord
cryptogridtrader.com
BOSS Smooth Stochastic Bull/Bear Oscillator With Alerts THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Short Entry
During a price downtrend and you get a sell signal (red dot) enter short when the "K" line (green line) drops below 65 (mid upper band).
Long Entry
During an uptrend, buy when you get a long signal (green dot) and "D" line (red line) rises above 35 (mid lower band) .
Bull/Bear
Green background indicates bullish price action (uptrend)
Red background indicates bearish price action (downtrend)
Available At bosscripts.com
Website bosscripts.com
Pin Bar-Trading RoadMapPin bar- Trading RoadMap
Simple Script to show
Up Pin Bar = Yellow
Down Pin Bar = Black
The Pin Bar Criteria:
- The Shadow ≥ 2 X Body
- Open And Close In The Top 33%
Have a peaceful and profitable trading day 😊
Khaled Maziad
Helios v1.0 - by @cryptomrdavis -1.0
This is another indicator for you guys. From different indicators its get the signals and combines them into one.
Green marks an uptrend and red an downtrend.
Happy trading
+++ use this tool on your own risk. i'm not responsible for your loses. DYOR +++
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BTC: 1GVRDK3HHr9CKM5SF2CGpCNXFuavB3L4j9
ETH: 0x7b825fa752b9926D3E8397cDb1d9E5473D074646
XMR: 41zL2SQS7zyZmwXKng2TeUWsMi5vMmkgSdDCjULUTvM6ichwm1E2ZDEYGt56zk9ghoM9bekhjycSwa8amtTcB2JiUet5jtg
NEO: AXja5xPDhczfm2ujHyBfpkQAAnMsXsazmb
TRX: THi1L1v2wHJxmQg6Wk9TgkKLcP6x2oMAwf
ZEC: zcZzFkRx95cp7MtuW8wLhC5zz5RYF9QkT2uPPmhZZHc6ppXepHGgCSeAS1rtD6WFdqsM5p1gZm2gfirnrnviucsdP4aCpqU
XLM: GAXUQJSW55C7MAC4GI26NZUGIKSHFDVFRFKZCXPLMPY4HCADSDT55XK6
WAVES: 3PCMkNpMHxSraTCkwV1ENcBKa9sXbVCGjQX
BCH: qz57n04ud6mn42u00aymqkku8tfh0lk4jv9c28mjvv
tippin.me
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Candle ID - Trading RoadMapCandle ID- Trading RoadMap
Simple Script to show
- Inside Bar
- Outside Bar
- Up Bar: Bar with a Higher Hi in comparison to the previous bar
- Down Bar: Bar with a Lower Low in comparison to the previous bar
Have a peaceful and profitable trading day 😊
Khaled Maziad
Pullback Trading [Fhenry0331]The indicator is taken from Alexander Elders "Triple Screen System," minus using the Weekly MACD as a filter/trend. I believe waiting for the force index and the weekly MACD histogram to line-up is uber conservative and a trader will miss too many signals (In my opinion).
The indicator is for a pullback trader. A trader that waits for a trend to develop then enters on a pullback.
The indicator defines an uptrend start: as the 13 ema crossing above the 26 ema. It defines a downtrend start: as the 13 ema crossing below the 26 ema.
The pullback in an uptrend: 13 ema is above the 26 ema. Elders-Force-Index is below the zero line. Price low has crossed below the 13 ema (one can also say price closes below the 13 ema if they so wish).
The pullback in a downtrend: 13 ema is below the 26 ema. Elders-Force-Index is above the zero line. Price high has also crossed above the 13 ema.
Please note that the pullback signals do not necessitate an automatic buy or sell (the instrument can be still pulling back deeper and not ready to resume it's trend.) One should place orders above (long) or below (short) bars with the pullback signals. Do so on signals until orders are filled.
Although the indicator is meant for pullbacks one can make an aggressive entry at the onset of a crossover of ema's.
For clarity background colors has been added to the indicator.
works well on daily time frame. Also look at intraday (5) minute time frame on trending stocks (news, earnings, volume, etc.)
Keep It Simple.
Enjoy!
Ibiza SunsetIbiza Island as giving me so much on Holliday With my Ibiza Sunset Strategy. So i decide to share my Ibiza Island Sunset Script !!!
Over the year in ibiza i develop a strategy that has giving me much joy
Ibiza Sunset its a indicator that tells you when a coin its about to emerge from deep underwater .
1 - Ones u see a buy signal ( Green Triangle UP ) coming out from water Then u setup your Long Trade .
2 - Keep climbing the island until u start to see Risk signal (Middle Risk ) or Vertigo signal (Mayor Risk)
º This mean Sunset its about to come so u better be aware of the current situation.
4 - Ones u see the Sunset u can Sell or Short your Position .
º If after Sunset finish you are not underwater then u can buy back and keep uptrend with more coins .
Sit back and relax watching the Sunset making money in some nice part of this Beautiful World xD !
If u like to try the indicator please comment or send me pm !!
Tip: This is a very advanced, yet simple indicator. Take time to tweak the water level, flagpoles, and sunset settings to maximize profit. Watch the video for a tutorial.
Thank for your time and support
Bitfinex dominion V2With this indicator you can check the current tendency of a crypto pair from Bitfinex.
It will tell if the market is in bullish or bearish mode.
That can be an extra layer of analysis to make your decision.
You will see it will swap from red, dark red to green or dark green. The more bright the color is, the more you will see the tendency is strong.
PS: Take in consideration this indicator doesn't follow the price shown by tradingview. So it's not useful at all to decide to go LONG or SHORT based on what this indicator shows and what tradingview price ( candlestick ) shows. It's more a market direction indicator...
CandlesThe default script has: Bolinger Bands, Moving Average and Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts.
Please note if moving average SMA (green line) crosses above SMA (red line) is uptrend , stock price will move up gradually. If suppose moving average SMA (green line) crosses below SMA(red line) is downtrend, stock price will move down. Also please validate with MACD & RSI for reference will get more clarity.