Moving Average Suite + VWAP + TICKThis indicator combines some of the commonly used moving averages, VWAP, and TICK sentiment, all of which are useful for all types of trading
By default, this indicator includes:
- 21/50/100/200 period smoothed simple moving average
- great for determining trends
- also act as support / resistance line for price
- 9 period exponential moving average
- fast trend / direction indicator
- Volume Weighted Average Price
- no explanation required
- $TICK sentiment as background fill
- overall market sentiment and direction
- +/- 500 levels are colored green/red and are usually indication of institutional order flow --> critical for trading indexes such as SPY or QQQ
- deep green/red background indicates +/-1000 on the $TICK, which are usually associated with overbought or oversold
Market
MTF Market Structure Highs and LowsThe indicator marks the last fractal highs and lows (W,D,4H and 1H options) to help determine current market structure. The script was created to help with directional bias but also as a MTF visual aid for stop hunts/liquidity raids.
Liquidity areas are where we assume trader's stop losses would be when buying or selling. Liquidity lies above and below swing points and institutions need liquidity to fill large orders.
Monitor price action as it hits these areas for a potential reversal trade.
Market System Quality Number (Market SQN)––––History & Credit
Developed by Dr. Van Tharp, SQN it is the ratio between the R-expectancy and its standard deviation, multiplied by the square root of the number of trades.
Here is an extract of Dr.Tharp's blog post:
Importance of Market Type
Basically, my definition of a bull market is one that’s going up. A neutral (or sideways) market is one that moves sideways in a range — or perhaps a bigger range if volatile. And a bear market goes down.
Market type has no predictive value, it is just descriptive. In other words, you never will know how long it is going to last. But you don’t need prediction to make money. You just need wins that are bigger or more numerous than your losses which need to be smaller or fewer.
In addition, you can learn a lot about what works and what doesn’t work when you use a particular market type that fits your time frame and how you want to trade. That concept is extremely important because two key Tharp Think principles are:
It’s easy to design a good system that works well in any one market type and
It’s insane to expect that same system to work well in all market types.
In fact, I have recently focused our Systems Development workshop upon the principle of creating trading systems for particular market types.
–––––How to use it
If you are a directional, momentum trader, the Market SQN can give you an unbaised measure of wether you are in an uptrend, sideways or downtrending market.
Color legend
Lime = Super Bullish trend
Green = Bullish trend
Cyan = Neutral trend
Dark Red = Bearish trend
Red = Super Bearish trend
Sessions & Days Of The WeekTraders tend to focus their energy on specific sessions or time periods. This indicator will plot the days of the week, and also highlight the following sessions: Frankfurt (2:00am - 11:00am EST), London (3:00am - 12:00pm EST), New York (8:00am - 5:00pm EST), Sydney (5:00pm - 2:00am EST), Tokyo (7:00pm - 4:00am EST).
It’s important to be aware that Session Open and Close times will vary based on the time of year, as countries shift over to daylight savings time.
Argo IV - EXPERIMENTAL strategy for 3commas with alertsThis strategy lets users create BUY/SELL alerts for 3commas single bots in a simple way, based on a built in set of indicators that can be tweaked to work together or separately through the study settings. Indicators include Bollinger Bands , Williams %R , RSI , EMA , SMA , Market Cipher, Inverse Fisher Transform, RSI divergence.
It is based on the ARGO I study ( here ), with the following major differences:
- It uses pyramiding (see strategy "properties")
- It includes a lot of new options for deal start/close conditions for maximum control
- It doesn't require any external tool to backtest.
If the user choses to create both BUY and SELL signals from the study settings, the alert created will send both BUY and SELL signals for the selected pair. Note the script will only send alerts for the pair selected in the study settings, not for the current chart (if different).
Important : it is only an early experiment, I will only release the script when satisfied with performance. Until then, I advise not to use this for any real trading.
How to use:
- Add the script to the current chart
- Open the strategy settings , insert bot details. Pairs MUST be in capital letters or 3commas will not recognize them.
- Still in the settings, tweak the deal start/close conditions from various indicators until happy. The strategy will plot the entry / exit points on the chart
- When happy, right click on the "..." next to the study name, then "Add alert'".
- Under "Condition", on the second line, chose "Any alert () function call". Add the webhook from 3commas, give it a name, and "create".
Market StructureMarket Structure indicator is designed for lightning-fast understanding of market conditions. It works very simply.
White bars signal a bullish market structure.
Black bars signal a bearish market structure.
It is possible to construct an independent trading strategy based on this indicator, starting from pivots:
HH - Higher High
LL - Lower Low
HL - Higher Low
LH - Lower High
As well as to combine this indicator with anything else. Margin zones, trading on breakout of important pivots, wave analysis and any other strategy you use.
Great for beginners, for easy understanding of market conditions.
Enjoy!
Vgnomics ScalperVGNOMICS Scalper is a tool to help you find great scalping opportunities. There is great variety of ways to use this indicator to get amazing results. The VGNOMICS Scalper is a new trading indicator that can be used in any market. The technique we combine with this indicator is easy to learn and apply to your trades, but practice makes perfect. This indicator is based on a mathematical calculation that always occurs, no matter which time-frame, market, asset, option, stock or crypto.
How does it work?
The script determines whether we have a bullish or bearish trend based on a combination of price action and moving averages.
When the price crosses this trend, a buy or sell signal is placed (green or red arrow). The indicator will then draw 5 colored dots extended with 5 colored lines. Every line or dot represents a possible entry / exit position. These values are chosen based of a mathematical formula on the previous price movements.
The distance between the red en the black line is calculated from the price action from the current and previous candle.
If there was a big price movement, the distance between the black and the red line will be much greater than when the price action is much smaller.
The distance between the blue and the black line is always the same distance as the distance between the red and the black line.
The yellow line will always represent the high or the low, depending on whether there's a short or a long signal.
These lines tend to be key levels between which the price will bounce.
There are many ways to use and interpret these levels.
How to trade with this indicator?
We have allot of different strategies that can be implemented for this indicator.
But we will explain 3 working strategies that work for us.
Scalp trading is one of the most profitable forms of trading. They can lead to very high profits but are very hard to achieve. In this tutorial we will show you how the VGNOMICS Scalper indicator can assist you with locating great scalp opportunities.
The tutorial below is just one example of how this indicator can be used. Every line represents a key price level at which scalping opportunities can take place.
Strategy 1
Long position:
1) A green arrow at the bottom of the screen indicates a potential long position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a long position at the yellow line. (Entry)
5) Place a take profit order at the orange line. (Exit)
6) Order is filled. (Long position)
7) Take profit at the orange line. (Exit)
8) Yellow line (entry) gets respected most of the time.
Short position:
1) A red arrow at the bottom of the screen indicates a potential short position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a short position at the yellow line. (Entry)
5) Place a take profit order at the orange line. (Exit)
6) Order is filled. (Short position)
7) Take profit at the orange line. (Exit)
This strategy does not include a stoploss. It's up to you to implement this indicator in your own strategy. Stoploss orders could be placed at the lines (Key price levels) below / above your entry.
For example:
The stoploss order could have been placed on the black line, or alternatively, we could have placed a second long order on the black line and exit at the yellow line while we place a stoploss order on the blue line. (see strategy 2)
The price tends to swing between these key levels and can be used in various ways.
Strategy 2
Long position (same strategy for short postion but for a red arrow):
1) A green arrow at the bottom of the screen indicates a potential long position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a long position at the yellow line. (Entry)
5) Place a take profit order at the orange line. (Exit)
6) Order is filled. (Long position)
7) Price did not reach our profit target orange line. (Exit)
8) Place a second limit order with the same size for a long position at the black line. (Entry)
9) Order is filled. (Long position)
10) Place a take profit order at the yellow line. (Exit)
11) Take profit at the yellow line and break even order for the first position. (Exit)
Strategy 3
Long position (same strategy for short postion but for a red arrow):
1) A green arrow at the bottom of the screen indicates a potential long position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a long position at the black line. (Entry)
5) Order is filled. (Long position)
6) Place take profit orders at the yellow/orange/red line. (Exit)
7) Take profit. (Exit)
You want to use this indicator?
Go to the VGNOMICS website.
Price density [Measuring Market Noise:Take advantage]$$ Market noise can be problematic to some types of trading strategies yet beneficial to others.
By measuring noise using the 'Price Density' can enable us to improve our
trading edge and turn noise to our advantage.
Robust analysis of noise can inform us when it is best to avoid trend-following
systems (when noise is too high), and vice versa for systems based on a
mean-reverting trading premise (when market noise is low).
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Using Noise to our advantage
* Two techniques:
-Measure Noise and trade when suitable for the system
~ High noise = avoid trend-following
~ Low noise = avoid mean-reversion
-Match assets to strategies
~ Only trade 'noisy assets' with Mean-reversion Strategies
~ Only trade 'efficient assests' with Trend-following Strategies
## Price density:-
High values = High noise
Low values = Low noise
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Disclaimer!! Do your own research
Full Swing Gold Vwap Macd SMO StrategyThis is a full strategy designed for gold market using 12h timeframe chart.
Its components are:
VWAP monthly
SMO oscillator
MACD histogram
Rules for entry:
For long: when enter when close of the candle is above vwap monthly, current histogram is higher than the previous one and SMO oscillator is above 0
For long: when enter when close of the candle is below vwap monthly, current histogram is lower than the previous one and SMO oscillator is below 0
Rules for exit:
We exit the trade if we get a reverse condition.
We also exit the trade based on a risk management system, both for SL and TP using % movements.
If you have any questions let me know !
Liquidity Rainbow - Trillion ResearchThis indicator uses regression along with RSI and moving averages from multiple time frames to help you visualize the market in a single view. After learning the notations, you will be able to identify pockets of liquidity and determine high/low probability price zones without drawing a single line.
Booster symbols help confirm short term trends and breakouts based off of two waveform functions, one long period, the other with a much shorter period. You get the buy signal that everyone else sees plus the confirmation!
This is a system that is not fully developed, PNL is not available yet. Strategy version is coming soon, still back testing.
I am tuning this model for crypto specifically, although it works for anything with a price chart.
2 EMAs (configurable to MA)
Dragonskin - RGB circle plots eMA
Rainbow - RGB area plots eMA
+When you see the rainbow appear it means that the price is above the slowest ema baseline. Generally bullish as price tends to ride the rainbow. Ideally, you will see a white cloud at the origin.
-When you see white step line cutting into the upper colors of the rainbow.
Once the price has traded below the rainbow for the FIRST time, not just wicked. You can set a target that's just above the previous high bodys above the rainbow. Do not sell the dip, let the floppers flop.
The second time price cuts down through a thick rainbow is usually bearish .
What makes me so sure? Liquidity
In order to be successful, we need to understand liquidity, the juiciest pockets of profit.
I will reveal more of the strategy in the second script.
For now, use:
SUN symbol - Notice how the price always seems to come back and sweep up any SUNs that get left behind (up and down) this is a liquidity nugget
CLOUD(s) indicators of support. Meaning that on ema trend we expect a lower price but each time that happens, it gets bought up above baseline. weak->strong (little gray - light blue - white)
LIGHTNING indicator of resistance. Meaning the price is not being allowed to recover, each time it rises above baseline, it is sold down again.
YELLOW CROSS - Classically known as a whale manipulation indicator. It tends to indicate a strong bearish move incoming or the reversal of an ongoing bearish move. There's dumping. "Get ready something is happening" indicator.
HEARTS = BUY
SPADES = Buy
CLUBS = Sell
DIAMONDS = SELL
*do not use these during periods of consolidation. consolidation is a period when the price swings in both directions but not too much. In a narrow range the indicators can pop up.
Why does this happen?
Short periods, during which exchanges stabilize the prices, are necessary for the redistribution of assets over the course of trading. Sometimes they happen multiple times a week and can last 24 or 48hours. Also it is a great time to eat up algo traders and that's why you'll see noise.
You want to focus on the period immediately following a consolidations. Don't rush it, they really do take 20 hours+
If you realize that you are in one of these consolidation ranges, limit order the tips of the wicks, nothing in the middle. There is not much profit here but also there is minimal risk.
If you're confirmed in a consolidation, exchanges will work to buoy the price to the appropriate mark price even if there is a big buy/sell order. A lot of time price will go up the congruent amount afterwards to compensate the toxic vwap .
I hope this helps people see the bigger picture and become even more successful with bigger gains.
I've tested this on all the major cryptos. Bitcoin BTC Ethereum ETH HEX
Honestly, I have tested very few stonks with this, later.
-Market Enemy
Ehlers Market Mode Indicator [CC]The Market Mode Indicator was created by John Ehlers (Rocket Science For Traders pgs 114-117) and this is a handy tool that will tell you if the market is currently in a cycle or a trend. When the current market is in a cycle or choppy state then the indicator will read 0 and when it is in a trend then it will read 1. He uses some advanced digital signal processing to figure out the current trend and for how long it has been trending. I have included buy and sell signals using the trendline and so buy when the line turns green and sell when it turns red. Let me know if this indicator is useful for you.
Let me know if there are any other indicators you would like to see me publish!
Natural Market Combo [CC]The Natural Market Combo was created by Jim Sloman and this is another one of my Ocean series of indicators to provide his full life's work free of charge to everyone. Just as the name implies, this is a combination of his two market indicators ( Natural Market River and Natural Market Mirror ) and this is a momentum indicator like the others. Big thanks to @altcoinz and @tmac87 for providing me the full source code and documentation to be able to publish all of Jim's work. This indicator is very simple to understand in that it takes the 2 market indicators and creates his own average of both indicators then smooths the result. I did fix an error that he didn't account for in his original script so the results are much more accurate. I have included strong buy and sell signals as darker colors and normal buy and sell signals as normal colors. Buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators or scripts you would like to see me publish!
Market breadth Percentage of stocks above MA of various indexesPercentage of stock above moving average is a common market breadth indicator. This script can show multiple lines of percentage of stock above different moving average (5,20,50,100,150,200) of different US indexes.
Anticipated Market TypeDisplays the anticipated market type based on the last 300 bars of data:
Trending Market: High probability that the next bar will be in the same direction as previous. Best conditions for a trend trading strategy
Neutral Market: High probability that price is random - the next bar direction is a coin toss. Many "typical" indicators fail in a random market
Sideways Market: High probability that price is autoregressive and the next bar direction is opposite the previous - compressed markets often have sudden fast breakouts
This tool does not give you entries and exits, but assists in deciding to use a Trend-following or Mean-reverting strategy.
Blue (3.5-6) indicates a trending market.
Yellow (0-2.5) indicates a sideways market.
Green (2.5-3.5) indicates a random market
This algorithm tells you when it breaks down by indicating a Neutral/Random market.
In short, it can't say the market type and advises you to not trade or simply use another tool in the meantime.
I personally use this tool to configure my trading robots on a weekly basis. I combine manual TA and stats algos to
try and determine what type of market the next week holds, with a fair bit of success.
The algorithms incorporated are Market Meanness Index (which I've made Open Source) and Fractal Dimension , a significantly faster algo than the MMI, but using a different set of maths.
Cheers!
Natural Market River [CC]The Natural Market River was created by Jim Sloman (Ocean Theory pgs 59-62) and this is another momentum indicator that is extremely similar to the previous indicator I published, the Natural Market Mirror . This has almost identical buy and sell signals but different way to handle calculations so I'm going to leave it up to you which one you will prefer. Since this is almost identical, the buy and sell signals work in the same way with both strong signals and normal ones. Buy when the line turns green and sell when it turns red.
Let me know what other indicators you would like to see me publish!
Natural Market Mirror [CC]The Natural Market Mirror was created by Jim Sloman (Ocean Theory pgs 49-57) and this is a continuation of my series from Jim Sloman's indicators. This indicator is also a momentum indicator and is very similar to the previous indicator I published, the Ocean Indicator and of course this indicator is built using ideas from the Ocean indicator. It may just be my opinion but I feel like this indicator provides better buy and sell signals in comparison. I built this using strong buy and sell indicators in addition to normal ones so darker colors are the strong signals and lighter colors are the normal signals. Buy when the line turns green and sell when it turns red.
Let me know what other indicators you would like me to publish!
Crypto Scanner [MensaTrader]Market Scanner
By default set up to scan 7 Crypto Currencies on 3 different Time frames
Default assets are from Binance listing, but can be changed in settings.
First timeframe is set to Daily, (all timeframes can be changed in the settings), The RSI value for the Daily resolution is printed. The current conditions need it to be between the value of 40 and 50, If this condition is met then the box will light are green, if they are not they will stay red.
Second timeframe is set to 4 Hour, RSI for this timeframe and assset will also be printed here, the conditions for it are different though. Currently set up so if the RSI value is lower than 40 the box will light up green. This 40 value can be changed in the settings aswell.
Third timeframe is set to 1 Hour, This timeframe is looking for divergences. If a Divergence is found, the box will light up green and say "Bullish Divergence", This will stay green until either of the 2 invalidation conditions are met.
One condition is (For Bullish Divergence) to be cleared, If the recent Low where the divergence was formed gets taken out. Then the divergence sign will dissappear
Second condition is if the RSI Value climbs above 55, Then once again the Divergence sign will dissappear.
Use this to help scan multiple assets at once and find RSI values which suit your trading set ups.
I have tried to make as many options adjustable as possible including the Size of the Scanner, all in the settings.
BTC > bull market supportPlots the natural log of the price divided by the 20w SMA and 21w EMA, color coded by the Bitcoin price (green if above, red if below). Use this when comparing Altcoins to Bitcoin's performance. Works in daily & weekly timeframes only!
CM_Twiggs Money FlowFull Credit goes to LazyBear for publishing Original Code.
I added:
Threshold lines that changes the color of Histogram based on if it exceeds Threshold lines. Ability to turn off and on.
Ability to Turn Histogram Off/On
Ability to turn Twiggs Money Flow Line Off/On
Single PrintsThis indicator plots Single Print levels when applied on the 30min time frame.
In the settings the user can change:
Level Colors
Level Width
Level Linestyle (Dotted, Dashed, Solid)
Toggle Retested Levels on/off
Toggle Profile Mode on/off
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Limitations:
1. Must be on 30min time frame. If you use other time frames to trade I recommend using a separate chart.
2. By default, retested levels are set to hide. For some tickers, the time/space between the creation of the Single Print, and the retest of that Single Print is too large. This causes errors due to a limitation from Tradingview. However, this limitation does not effect untested (naked) Single Prints. Naked Single Prints can be drawn accurately for any ticker without error, so that is the default setting.
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About Single Prints:
Single Prints come from Market Profile charting.
They represent a breakout from an old area of value to a newer area of value.
After a confirmed breakout from value, the extreme of the old area of value is the Single Print.
The level is often sensitive and can provide good trade locations especially on lower time frames.
NVME Market ScannerNVME Market Scanner is a dashboard that scans our preset market pairs to identify the previous signal call made by the Vanquisher X algorithm. It will also tell you whether or not it is a good time to enter based on the buy or sell call being the previous bar of the next candle rather than multiple bars. Furthermore you can choose to remove each section of the dashboard so that it is smaller and you can also create your own market scanner with settings panel. The dashboard is fully customisable and editable.
Note: Due to the retrieval of data from multiple pairs, expect the load time of this indicator to be much slower compared to others!
Simple way to BEAT the market [STRATEGY]This script has been created to demonstrate the effectiveness of using market regime filters in your trading strategy, and how they can improve your returns and lower your drawdowns
This strategy adds a simple filter (A historical volatility percentile filter, an implementation of which can be found on my trading profile) to a traditional buy and hold strategy of the index SPY.
Note, There are other filters that could also be added including a long-term moving average/percentile rank filter/ADX filter etc, to improve the returns further.
The filter closes our long position during periods of volatility that exceed the 95th percentile (or in the top 5% of volatile days) and buys back when the volatility is below 95% rank of the past 100 days
Have included the backtest results since 1993 which is 28 years of data at the time of writing. Comparison of traditional buy and hold with this modified strategy can be found below:
Traditional buy and hold:
Return per year: 7.95 % (ex Dividends)
Total return: 851.1 %
Max drawdown: 50.79 %
'Modified' buy and hold (this script):
Return per year: 9.92 % (ex Dividends)
Total return: 1412.2 %
Max drawdown: 31.57 %
Feel free to use some of the market filters in my trading profile to improve and refine your strategies further, or make a copy and play around with the code yourself. This is just a simple example for demo purposes.
Percentile Rank Market FilterA simple script to filter bull and bear markets by using percentile rank filter. Using market regimes to filter by bull/bear/sideways markets helps to understand how your strategy will
behave in various market regimes and allows you to avoid unprofitable regimes and only trade in profitable ones.
The idea of market regime filtering is used in the most successful technical algorithmic trading strategies, as one should always design a trading strategy with a particular market in mind according to trading legend, Larry Connors
Feel free to use this script in your strategies to improve your profits and lower drawdowns.
