Divide4 V3This script is specially developed for the reference of Crude Palm Oil Futures (CPO) market traders.
Before using this script, traders need to know a few important things, namely:
1. Use of this script is limited to the Crude Palm Oil Futures (CPO) market only;
2. The appropriate time-frame for the purpose of using this script is a small time-frame, i.e. 1 minute to 5 minutes;
Procedures for using indicators.
1. Once the market opens, change the time-frame to 1 minute;
2. The line on the trading day will only be known after the first candle is completed, i.e. at 10.31 am;
3. Then, you can key in order if you want;
4. Let the 1 minute time-frame remain until 11 a.m. Then, you can change a larger time-frame such as 3 minutes or 5 minutes if desired.
Entry.
1. The recommended Max Entry is once Long and once Short only on the same day;
2. If the first Entry reaches Profit Target, it is not recommended to make an Entry for the second time;
3. If the first Entry is about Stop Loss, the second Entry is recommended as opposed to the first Entry.
For example, if the first Entry is Long, but does not reach Profit Target, otherwise it is about Stop Loss, then the recommended second Entry is Short, even though the price is about Entry for Long.
Long.
1. Traders can only make a purchase when the market price hits the blue line;
2. If traders hold a long position, traders can make a sale to close the long position when the price hits the green or purple line closest to the blue line;
3. On the other hand, if the price goes down again after a buy is made, traders need to make a sale to close the buy position when the price goes down to hit the white line closest to the blue line.
Short.
1. Traders can only make a sale when the market price hits the yellow line;
2. If traders hold a short position, traders can make a purchase to close the short position when the price hits the green or purple line closest to the yellow line;
3. On the other hand, if the price rises again after the sale is made, then traders need to make a purchase to close the selling position when the rising price hits the white line closest to the yellow line.
Futures
TradingWise Supply and Demand Indicator 1.0TradingWise Supply and Demand Indicator 1.0 is based on the Price Action candlestick patterns to identify the Supply and Demand zones in the charts (Areas of liquidity). It works on all Timeframes and Asset Classes. This Script helps the traders to identify the demand and supply zones with identifications on the candle stick patterns indicating the origin of the Strong move. Also it generates Alerts automatically once the supply or demand area is formed thus by reducing the hours spent on the charts and reducing the missed trade Opportunities as well. This Indicator is extremely helpful for those on Full time Jobs/ Busy Schedule.
Buy/Sell Alerts by Indicator:
Green Diamond + DZ Sign ---> Indicates the Demand Zone Formation. Place Buy Trade upon Entry Criteria Met
Orange Diamond + SZ Sign ---> Indicates the Supply Zone Formation. Place Sell Trade upon Entry Criteria Met
Binance Futures BasisCONCEPT
The futures basis for multiple coins based on the Binance coin margin quarterly futures contracts.
If you need a run down of what the futures basis is, check out this short educational post (click on the chart):
In short: the futures basis is the premium at which futures contracts are trading compared to the spot market.
FEATURES
Futures basis for the following coins:
BTC
ETH
LTC
BNB
ADA
DOT
BCH
LINK
There's also an average futures basis which is an average premium of all the coins I just listed.
As you can see there's also a zero line which you can turn on in the settings.
This is quite useful for when the futures start trading in or close to backwardation.
It's possible to show all the premiums at the same time.
This makes it easy to look for outliers.
You can choose the candle source too.
By default it's set on "close" which probably makes the most sense.
All data will be based on candle closes.
However if you're looking at higher timeframes sometimes crucial info is lost when you keep it on "close".
As you can see in this BTC futures basis example with "close" as a candle source you don't seen anything peculiar even though there were two violent liquidation cascades that temporarily had a huge impact on the futures basis.
If you then select "ohlc4" for example which uses an average value of each candle you can clearly see the impact that those drops had.
Basically when you're looking at most recent data I prefer candle close, but when looking at higher timeframes for historic data the ohlc4 option is more useful.
At the time of publishing this indicator it's using the September quarterly futures contracts (which is the closest expiration).
I'll update this every time the expiration happens.
However, in the settings you'll find the code for these futures contracts.
If you want to take a look at the next expiration for example, which is December right now, you can just fill in the Binance code of those contracts and it'll re-calculate everything and print the futures basis for the December futures.
This way you can also update the indicator yourself each time contracts expire (to make sure the indicator keeps working just in case I were to disappear or something).
The code for the current (September) contracts is U2021.
The code for the next expiration (December) is Z2021.
This will become out dated of course.
TRADING
You can find more info on how it's useful for trading in the educational post I linked.
Some short notes...
This premium works very similar to the perpetuals basis or funding.
Simply put a high premium could be a sign that the market is overbought and a very low premium could be a sign that the market is oversold.
Backwardation (below 0) is very rare and usually only happens after a violent crash. Historically those are good buying opportunities.
Divergences also often work really well.
If you want access send me a private message so we can discuss it.
Cheers.
Aggregated Futures BasisCONCEPT
An indicator that shows you the futures basis, which is the premium that classic futures contracts are trading at compared to the spot market.
By default its settings are for bitcoin quarterly contracts (closest expiration date), although there's a lot of customizing possible.
You could also use this indicator for other coins but then you'll have to change the inputs.
I'll manually update the contracts when they get close to expiration, but you could do this yourself as well (just in case I disappear for some reason and don't update it anymore).
For more info on what the futures basis is exactly check out this short educational post (click chart):
FEATURES
As previously mentioned, the default settings are for bitcoin.
The index used is the Bitmex BXBT index. It's a dynamic and volume weighted spot index which is perfect to get an average price of the spot market.
If you want to look at the ethereum futures basis for example then I suggest using the BETH Bitmex index, same concept as the BXBT chart but for ETH.
The futures used are quarterly contracts of the most prominent exchanges in crypto.
There's also an option to add an average plot (or only show the average: use the selection box) which calculates the average premium of all the futures contracts selected (you can also choose to exclude certain contracts).
The standard settings show you the premium in percentage terms, but there's also an options to show the annualized premium.
If I don't update the indicator when the contracts expire you'll have to fill in the tickers of the next quarterlies and you'll also have to change the expiration date to make sure this annualized premium still works.
There's a "zero line" you can add which is useful for when the futures get close to backwardation.
And you can set up bullish and bearish signals of your choosing. By default it shows a bull signal when the premium goes below zero and a bear signal when the premium goes above 10 (if you put it on annualized you'll want to change this threshold).
TRADING
The futures basis can be very useful to gauge market sentiment.
It can give you a better idea of how aggressive market participants are by looking at how much the futures are going up or down relatively to spot.
Divergences also often have an impact.
If you want access to this indicator send me a private message so we can discuss it.
Cheers.
Trade Vertex - Bank Nifty Volume IndicatorNSE:BANKNIFTY
We all know that the value of an Bank Nifty is derived from top banking sector underlying stocks.
The value of Bank Nifty is calculated from free float market capitalization.
Using the same formula, I made an indicator on the bases of weighted volume of each stock.
This indicator will help you to plot Volume on Bank Nifty.
Trade Calculator by RealmixA clean Trade Calculator for any Asset, which calculates everything you need to know.
This script is a modified version of the Position Calculator by Mysteriown. Link:
I try to make it a bit better for Futures Trading.
Target Price for KuCoin FuturesWhen trading on KuCoin, it can be difficult to determine what you're exit price should be.
This script solves this issue by giving you an exit price based on a given entry price, a base margin, and a target profit %.
USE CASES:
No Entry Price:
If you have no position in KuCoin, then this use case could be more helpful. With no entry price inputted, two lines will be drawn above and below the current closing price.
The blue line represents your exit price for if you were to enter into a long at the current close.
The orange line represents your exit price if you were to enter into a short at the current close.
With Entry Price:
If you're already in a position in KuCoin, then this case might be more helpful.
The green line represents your exit price for a long from your entry price
The red line represents your exit price for a short from your entry price
The yellow line represents your entry price itself.
Noncommercial long futures position to overall Open InterestThis is an indicator that gets data from Quandl and presents weekly CFTC futures data (www.cftc.gov). In this indicator, the noncommercial long/short positions are calculated as a percentage of overall Open Interest. This indicates the bullish/bearish sentiment of the market.
Futures OI and Net positionsThis is an indicator that gets data from Quandl and presents weekly CFTC futures data (www.cftc.gov). In this indicator, Open Interest (OI) and net noncommercial positions are presented. Net_noncommercial positions are calculated as noncommercial_long - noncommercial_short.
(D7R) FTX Ethereum FuturesEthereum FTX Contract Futures Price with 3 different value display modes. (Percentage, Delta, Absolute).
This information can be used to understand when futures are trading at relative strong/weak premium or discount against each other.
This information can either be used for cash-n-carry arbitrage, inter-exchange arbitrage, hedging or directional price speculation.
(D7R) Deribit Ethereum FuturesEthereum Deribit Contract Futures Price with 3 different value display modes. (Percentage, Delta, Absolute).
This information can be used to understand when futures are trading at relative strong/weak premium or discount against each other.
This information can either be used for cash-n-carry arbitrage, inter-exchange arbitrage, hedging or directional price speculation.
Spot VS Derivatives (BTC)This indicator shows you the difference between the price on the spot exchanges and the derivatives exchanges. When the ratio spikes upward, it is a good buying opportunity, and when it spikes downward, it is a good moment to sell. The best timeframe for this indicator is 4h. The calculation includes top 10 spot and derivatives exchanges by volume .
FTX Futures Premium %Charts the Futures Premium % for FTX futures markets
Change the asset name from BTC to ETH in settings to switch assets, and will work with all assets with long-dated futures markets on FTX as they are added
Full CRYPTO pack macd, rsi, obv, ema alert versionThis is the indicator version of a simple, yet very efficient crypto strategy, adapted to 4h time frame, on big coins like ETH and BTC . However it can be adapted to other markets, timeframes etc
For this strategy I use a combination of a trend line , an oscillator, price action and volume .
This study has alert for both long and short entries/exit.
The rules are the next ones:
Long : we check that current candle is ascending and above the moving average, the macd is in positive range, rsi is below overbought level and volume is bigger than the moving avg of volume .
For short, we have the opposite long rules.
If you have any questions, please let me know !
Implied Volatility BandsThis script produces price bands around an EMA based on a manually inputted Implied Volatility. The idea builds on my previous "Implied Move" script which helps visualize the distribution of prices that the market is 'pricing in' via options/implied volatility. It's up to the user to determine the implied volatility level they use, I like using the free version of QuikStrike that you can access via the CME Group website and then update the script's input daily. Another way to use the script is to input the implied volatility based on a forecast that you produce independently. Say implied volatility on June 2021 Crude Oil is 30% and you think it's rich by 2%, you can input 28% into the script to tweak the bands for a declining vol regime.
FuturesPremIndex V2Improving on the FPI version 1 , the following changes are incorporated.
1. The prices now use adjustable weighted averages for both spot and futures
2. The algorithm is improved for better normalization of data
3. The buy and sell zones are more precise with adjustable tolerance
Upcoming V3 would include , the FRI ( Funding rate index ) as well as even better targeting of the zones .
MS POIVThis indicator was introduced by Larry Williams in 2007 and is very similar to the well known OBV indicator.
As such, it should be examined for convergence and divergence with the price trend. The interpretation can be done using the Wyckoff principles.
* Price rises, POIV stays behind => no subsequent demand
* Price meets resistance, POIV reaches new highs => supply (distribution) in the background
* Price and POIV rise synchronously => price trend is intact
These statements can of course be applied correspondingly to falling prices.
Larry Williams wrote for explanation:
Despite the problem, volume indictors have proven their worth, but while it is
a good idea to watch the cumulative flow of buying and selling pressure, you
should not assign all of this buying and selling to bulls and bears. Combined
with other concepts, such as keying off the open, we can focus on something
more germane to trading based just on volume, or what some might consider
related volatility indicators, such as daily ranges.
Futures traders can consider at least one solution to this problem: open
interest. Open interest is the number of outstanding contracts in a particular
market. (...))
The formula is calculating the cumulative sum of open interest times the net
change in price, divided by the true range. We then add the OBV value to this
cumulative sum.
So we first take the net change in price (today’s close minus yesterday’s close)
to get a percentage of where within the range the close was. Not all of the
activity will be buying or selling; the market “tells” us what percentage of
open interest goes to the buy or sell side.
Not only that, it also means we are incorporating price and trend change into
the formula.
(...)
One note of warning is necessary. The Williams POIV AD is a specific formula
that compensates for the close within the range relationship, as well telling
us how much OI to use, but it is an indicator, not a trading system. In
practice, it is useful to confirm a trade or to focus attention on a potential
trade. It is not intended to stand as the sole reason to initiate a position
in the market.
BTC Futures Premium IndexThe script collects data from various Futures and Spot prices and creates an index which identifies buy and sell zones . When combined with Open interest , this tool can be invaluable in making critical decisions .
Good Luck and I would request a like if you can spare that click :)
Thanks in advance and Happy Trading
Keltner + RSI Bitcoin Futures Trading [luca_badoer]This indicator combines the power of the Keltner channel with the power of the Relative Strength Indicator (RSI). It can help understand when the market is entering a bullish or a bearish trend.
Normally a Keltner channel would reference an Exponential Moving Average (EMA) of the price. In this case the Keltner Channel in the "Keltner + RSI Bitcoin Futures Trading " references the EMA of the 14-day RSI (white line). On top of that it overlays a 7-day RSI line (blue line). This produces some signals that are particularly useful in 2h, 4h and 1 day charts. The signals consist in the 7-day RSI line (blue line) crossing the upper (green) or lower (red) Keltner channels as well as the middle (white) line. Depending on the direction of the crossing (up or down) and the RSI level (from 0 to 100) at which the crossing takes place this produces bullish or bearish signals.
Examples:
- Bullish crossing: 7-day RSI (blue) crosses both the lower (red) and middle (white) lines upwards at a low to neutral RSI level (<70%)
- Bearish crossing: 7-day RSI (blue) cross both the upper (green) and middle (white) lines downwards at a high to neutral RSI (>30%)
Recommendations:
- Better to use it in 2h, 4h, and 1-day charts, thought it can also be used in lower timeframes. Confirmations of crossings in higher time-frames provide more certainty about the direction of the move.
- Use in combination with Heikin Ashi candles and volume indicators.
ADX Momentum cross + MacD + HH LL + Buy/Sell Signals and alerts Hello, This is the first indicator I have made and would like to contribute to the community.
This strategy came from trying to replicate a previous ADX Cross Indicator that I loved on MT4 which I used successfully on EUR/USD on high and low time frames. Through the process of trying to replicate it I failed, I decided to take what I had written so far and create my own ADX cross strategy using the combination of 3 ADX's, their lag. Then also using Higher highs and lower lows with the MacD to further filter the signals.
There are two buy and two sell conditions , the difference between these are just the order in which the ADX crossing determines the entry. The MacD and higher highs and lower lows are the same for filtering the signal.
You can change the look back for HH and LL look back range, along with the DI Length & ADX Smoothing for all ADX's. The lag used for either the buy or sell strategy with the Lag_Buy/Lag_Sell inputs. Lag_mid setting will affect all 4 conditions.
From testing and based on the ADX cross logic you should follow this structure when changing the inputs for:
DI Length: Lowest DI value (I.E. 1)
DI Lengtha: Middle DI value (I.E. 2)
DI Lengthb: Highest DI value (I.E. 3)
ADX Smoothing: Lowest Smoothing value (I.E. 1)
ADX Smoothinga: Middle Smoothing value (I.E. 2)
ADX Smoothingb: Highest Smoothing value (I.E. 3)
I tested this on the EUR/USD, but mainly I have been using it on BTC/USDT(binance) and BTC/USDT Perpetual futures(binance) with the 5 minute chart. I suggest playing around with the settings depending on the Symbol and timeframe you use because the default settings are what I last found to be optimal for my self on the 5min BTC/USDT Perpetual futures(binance) chart.
A good starting point I found when using the indicator on other charts is to use the below values:
DI Length: 7
DI Lengtha: 14
DI Lengthb: 21
ADX Smoothing: 7
ADX Smoothinga: 14
ADX Smoothingb: 21
If you have any questions, suggestions, or requests for this indicator feel free contact me. You can either comment on here or Message me
If you like this indicator please like and comment where you found it useful.
(D7R) FTX Bitcoin FuturesFTX Contract Futures Price with 3 different value display modes. (Percentage, Delta, Absolute).
This information can be used to understand when futures are trading at relative strong premium or discount against each other.
This information can either be used for hedging or price speculation when difference between contracts offer that arbitrage.
(D7R) Deribit Bitcoin FuturesDeribit Contract Futures Price with 3 different value display modes. (Percentage, Delta, Absolute).
This information can be used to understand when futures are trading at relative strong premium or discount against each other.
This information can either be used for hedging or price speculation when difference between contracts offer that arbitrage.