指標和策略
Kalman Step Signals [AlgoAlpha]Take your trading to the next level with the Kalman Step Signals indicator by AlgoAlpha! This advanced tool combines the power of Kalman Filtering and the Supertrend indicator, offering a unique perspective on market trends and price movements. Designed for traders who seek clarity and precision in identifying trend shifts and potential trade entries, this indicator is packed with customizable features to suit your trading style.
Key Features
🔍 Kalman Filter Smoothing : Dynamically smooths price data with user-defined parameters for Alpha, Beta, and Period, optimizing responsiveness and trend clarity.
📊 Supertrend Overlay : Incorporates a classic Supertrend indicator to provide clear visual cues for trend direction and potential reversals.
🎨 Customizable Appearance : Adjust colors for bullish and bearish trends, along with optional exit bands for more nuanced analysis.
🔔 Smart Alerts : Detect key moments like trend changes or rejection entries for timely trading decisions.
📈 Advanced Visualization : Includes optional entry signals, exit bands, and rejection markers to pinpoint optimal trading opportunities.
How to Use
Add the Indicator : Add the script to your TradingView favorites. Customize inputs like Kalman parameters (Alpha, Beta, Period) and Supertrend settings (Factor, ATR Period) based on your trading strategy.
Interpret the Signals : Watch for trend direction changes using Supertrend lines and directional markers. Utilize rejection entries to identify price rejections at trendlines for precision entry points.
Set Alerts : Enable the built-in alert conditions for trend changes or rejection entries to act swiftly on trading opportunities without constant chart monitoring.
How It Works
The indicator leverages a Kalman Filter to smooth raw price data, balancing responsiveness and noise reduction using user-controlled parameters. This refined price data is then fed into a Supertrend calculation, combining ATR-based volatility analysis with dynamic upper and lower bands. The result is a clear and reliable trend-detection system. Additionally, it features rejection markers for bullish and bearish reversals when prices reject the trendline, along with exit bands to visualize potential price targets. The integration of customizable alerts ensures traders never miss critical market moves.
Add the Kalman Step Signals to your TradingView charts today and enjoy a smarter, more efficient trading experience! 🚀🌟
Dynamic Momentum Range Index (DMRI)//@version=5
indicator("Dynamic Momentum Range Index (DMRI)", shorttitle="DMRI", overlay=false)
// Inputs
n = input.int(14, title="Momentum Period", minval=1)
atrLength = input.int(14, title="ATR Length", minval=1)
maLength = input.int(20, title="Moving Average Length", minval=1)
// Calculations
pm = close - close // Price Momentum (PM)
atr = ta.atr(atrLength) // Average True Range (ATR)
va = pm / atr // Volatility Adjustment (VA)
// Moving Average and Dynamic Range Factor (DRF)
ma = ta.sma(close, maLength)
drf = math.abs(close - ma) / atr
// Dynamic Momentum Range Index (DMRI)
dmri = va * drf
// Normalization
maxVal = ta.highest(dmri, atrLength)
minVal = ta.lowest(dmri, atrLength)
dmriNormalized = (dmri - minVal) / (maxVal - minVal) * 100
// Zones for Interpretation
bullishZone = 70
bearishZone = 30
// Plotting DMRI
plot(dmriNormalized, title="DMRI", color=color.blue, linewidth=2)
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
hline(50, "Neutral", color=color.gray)
// Background Coloring
bgcolor(dmriNormalized > bullishZone ? color.new(color.green, 90) : na, title="Bullish Zone Highlight")
bgcolor(dmriNormalized < bearishZone ? color.new(color.red, 90) : na, title="Bearish Zone Highlight")
Dynamic Momentum Range Index (DMRI)//@version=5
indicator("Dynamic Momentum Range Index (DMRI)", shorttitle="DMRI", overlay=false)
// Inputs
n = input.int(14, title="Momentum Period", minval=1)
atrLength = input.int(14, title="ATR Length", minval=1)
maLength = input.int(20, title="Moving Average Length", minval=1)
// Calculations
pm = close - close // Price Momentum (PM)
atr = ta.atr(atrLength) // Average True Range (ATR)
va = pm / atr // Volatility Adjustment (VA)
// Moving Average and Dynamic Range Factor (DRF)
ma = ta.sma(close, maLength)
drf = math.abs(close - ma) / atr
// Dynamic Momentum Range Index (DMRI)
dmri = va * drf
// Normalization
maxVal = ta.highest(dmri, atrLength)
minVal = ta.lowest(dmri, atrLength)
dmriNormalized = (dmri - minVal) / (maxVal - minVal) * 100
// Zones for Interpretation
bullishZone = 70
bearishZone = 30
// Plotting DMRI
plot(dmriNormalized, title="DMRI", color=color.blue, linewidth=2)
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
hline(50, "Neutral", color=color.gray)
// Background Coloring
bgcolor(dmriNormalized > bullishZone ? color.new(color.green, 90) : na, title="Bullish Zone Highlight")
bgcolor(dmriNormalized < bearishZone ? color.new(color.red, 90) : na, title="Bearish Zone Highlight")
Bitcoin HalvingsColors the bar on the date of each Bitcoin halving, plus one into the future (estimated).
QuickPivot Zones**Pivot Levels with Auto Support & Resistance**
This custom Pine Script indicator calculates and displays **pivot points** on your chart, offering automatic detection of potential support and resistance levels. The script calculates regular and "quick" pivot levels, allowing traders to visualize areas where price might reverse or consolidate.
### Key Features:
- **Customizable Source**: Choose whether to base pivots on `High`, `Low`, or `Close` price data.
- **Pivot Calculation**: Identifies pivot highs and lows, offering insights into possible support and resistance zones.
- **Quick Pivot Option**: Offers quicker reaction to market changes with smaller pivot calculation intervals.
- **Dynamic Levels**: Automatically updates and plots dynamic levels of support and resistance.
- **Clear Visualization**: Quickly spot key levels on the chart with distinct plot styles and shapes.
- **Flexible Inputs**: Adjust the pivot sensitivity using `left`, `right`, and `quick_right` parameters for fine-tuned results.
### Usage:
- **Pivot Points** are often used by traders to identify reversal zones or potential breakouts. This indicator will help you spot significant price levels that may impact future price movements.
- **Quick Pivot** mode provides faster updates for short-term traders or during volatile market conditions.
### Ideal For:
- **Day Traders**: Traders seeking quick and responsive pivot points.
- **Swing Traders**: To monitor key support and resistance areas for medium-term trades.
- **Price Action Traders**: Traders relying on price movements and levels without relying on traditional indicators.
Start using **Pivot Levels with Auto SR** to improve your technical analysis and decision-making process today!
---
Fund Master Plus (TV Rev1, Dec2024)License: Mozilla Public License 2.0 (Open Source)
Version: Pine Script™ v6
Indicator Name: Fund Master Plus (TV Rev1, Dec2024)
Short Title: Fund Master Plus
About Fund Master Plus
Fund Master Plus indicator is an oscillating technical analysis tool designed to simulate the fund inflow and outflow trend.
Key features:
1. Fund Master Value and Candle
The candle highlights the direction of the Fund Master value.
Green candles represent an upward trend, while red candles indicate a downward trend.
When the candle crossover 0, it is a sign of the start of mid term bull, vice versa.
When the candle is above 0, it is a sign of mid-term bull, vice versa.
2. Fund Master Bar
This bar provides added visual representation of the Fund Master value.
Green bars represent and upward trend, while red bars indicate a downward trend.
3. FM EMA (Exponential Moving Average)
The Fund Master EMA (Exponential Moving Average) helps smooth out FM value fluctuations
and identify the overall trend.
When the candle crossover FM EMA, it is a sign of the start of short term bull, vice vera.
When the candle is above FM EMA, it is a sign of short term bull, vice versa.
4. EMA of FM EMA
This is an EMA of the Fund Master EMA, which can provide additional insights into the
trend's strength.
5. Candle Turn Green or Red
This feature generates alerts to signal potential trend changes.
6. Bottom Deviation & Top Deviation
Line plot and label of these deviation will show on indicator and the price chart to help user
identify potential buying and selling opportunities.
7. Alertcondition for Turn Green or Turn Red
User can set the alert using the Create Alert (the Clock Icon).
8. Table Summary
A table summary is provided to show indicator name, FM value, FM candle status,
Crossover, Crossunder, Turn Green, Turn Red status, Bar Number etc.
A tooltip for Filter Setting and a filter status check.
SOP to use the indicator:
Table (GR1):
Show Table: This option enables or disables the display of the table.
Text Size: This option allows you to set the text size for the table entries.
Width: This option sets the width of the table.
Fund Master Candle Color Setting (GR2):
FM candle will up by default.
This option enables the color setting of Fund Master candle.
Up: This option sets the color of the Fund Master candle for uptrend.
Down: This option sets the color of the Fund Master candle for downtrend.
Fund Master Bar and Color Setting (GR3):
Show Fund Master Bar: This option enables or disables the display of the Fund Master bar.
Up: This option sets the color of the Fund Master bar for uptrend.
Down: This option sets the color of the Fund Master bar for downtrend.
Fund Master EMA plots (GR4):
Show FM EMA: This option enables or disables the display of the Fund Master EMA line.
Look Back Period: This option sets the lookback period for the Fund Master EMA calculation.
EMA Color: This option sets the color of the Fund Master EMA line.
Show EMA of FM EMA: This option enables or disables the display of the EMA of the Fund Master EMA line.
Look Back Period 2: This option sets the lookback period for the EMA of the Fund Master EMA calculation.
Alerts: Fund Master Crossover & Crossunder EMA Line or 0 (GR5):
Show FM Crossover 0: This option enables or disables the display of the alert for FM crossover above the 0 line.
Show FM Crossunder 0: This option enables or disables the display of the alert for FM crossover below the 0 line.
Show FM Crossover EMA: This option enables or disables the display of the alert for FM crossover above the EMA line.
Show FM Crossunder EMA: This option enables or disables the display of the alert for FM crossover below the EMA line.
Bottom and Top Deviation (GR6):
Show Bottom Deviation: This option enables or disables the display of the bottom deviation line.
Show Top Deviation: This option enables or disables the display of the top deviation line.
Turn Green, Turn Red Alert (GR7):
Show Turn Green/Red Alerts: This option enables or disables the display of alerts for when the Fund Master value changes direction.
Current & Turn Green/Red Alerts: This option sets the number of bars to look back for the turn green/red alerts.
Band and User Input Setting (GR8):
100: This option enables or disables the display of the 100 band.
0: This option enables or disables the display of the 0 band.
-100: This option enables or disables the display of the -100 band.
User Input: This option enables or disables the display of a custom band based on user input.
Value: This option sets the value for the custom band.
Disclaimer
Attached chart is for the purpose of illustrating the use of indicator, no recommendation of buy/sell.
In this chart, all features in the setting are turned on (default and non default).
This chart is used to demonstrate the FM trend movement from mid-term bear to mid-term bull,
short-term bear and bull, bottom deviation and top deviation.
Hope this help. Merry Christmas and Happy New Year.
EMA RSI Trend Reversal Ver.1Overview:
The EMA RSI Trend Reversal indicator combines the power of two well-known technical indicators—Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI)—to identify potential trend reversal points in the market. The strategy looks for key crossovers between the fast and slow EMAs, and uses the RSI to confirm the strength of the trend. This combination helps to avoid false signals during sideways market conditions.
How It Works:
Buy Signal:
The Fast EMA (9) crosses above the Slow EMA (21), indicating a potential shift from a downtrend to an uptrend.
The RSI is above 50, confirming strong bullish momentum.
Visual Signal: A green arrow below the price bar and a Buy label are plotted on the chart.
Sell Signal:
The Fast EMA (9) crosses below the Slow EMA (21), indicating a potential shift from an uptrend to a downtrend.
The RSI is below 50, confirming weak or bearish momentum.
Visual Signal: A red arrow above the price bar and a Sell label are plotted on the chart.
Key Features:
EMA Crossovers: The Fast EMA crossing above the Slow EMA signals potential buying opportunities, while the Fast EMA crossing below the Slow EMA signals potential selling opportunities.
RSI Confirmation: The RSI helps confirm trend strength—values above 50 indicate bullish momentum, while values below 50 indicate bearish momentum.
Visual Cues: The strategy uses green arrows and red arrows along with Buy and Sell labels for clear visual signals of when to enter or exit trades.
Signal Interpretation:
Green Arrow / Buy Label: The Fast EMA (9) has crossed above the Slow EMA (21), and the RSI is above 50. This is a signal to buy or enter a long position.
Red Arrow / Sell Label: The Fast EMA (9) has crossed below the Slow EMA (21), and the RSI is below 50. This is a signal to sell or exit the long position.
Strategy Settings:
Fast EMA Length: Set to 9 (this determines how sensitive the fast EMA is to recent price movements).
Slow EMA Length: Set to 21 (this smooths out price movements to identify the broader trend).
RSI Length: Set to 14 (default setting to track momentum strength).
RSI Level: Set to 50 (used to confirm the strength of the trend—above 50 for buy signals, below 50 for sell signals).
Risk Management (Optional):
Use take profit and stop loss based on your preferred risk-to-reward ratio. For example, you can set a 2:1 risk-to-reward ratio (2x take profit for every 1x stop loss).
Backtesting and Optimization:
Backtest the strategy on TradingView by opening the Strategy Tester tab. This will allow you to see how the strategy would have performed on historical data.
Optimization: Adjust the EMA lengths, RSI period, and risk-to-reward settings based on your asset and time frame.
Limitations:
False Signals in Sideways Markets: Like any trend-following strategy, this indicator may generate false signals during periods of low volatility or sideways movement.
Not Suitable for All Market Conditions: This indicator performs best in trending markets. It may underperform in choppy or range-bound markets.
Strategy Example:
XRP/USD Example:
If you're trading XRP/USD and the Fast EMA (9) crosses above the Slow EMA (21), while the RSI is above 50, the indicator will signal a Buy.
Conversely, if the Fast EMA (9) crosses below the Slow EMA (21), and the RSI is below 50, the indicator will signal a Sell.
Bitcoin (BTC/USD):
On the BTC/USD chart, when the indicator shows a green arrow and a Buy label, it’s signaling a potential long entry. Similarly, a red arrow and Sell label indicate a short entry or exit from a previous long position.
Summary:
The EMA RSI Trend Reversal Indicator helps traders identify potential trend reversals with clear buy and sell signals based on the EMA crossovers and RSI confirmations. By using green arrows and red arrows, along with Buy and Sell labels, this strategy offers easy-to-understand visual signals for entering and exiting trades. Combine this with effective risk management and backtesting to optimize your trading performance.
Nine Sweeper Ver.1Nine Sweeper Indicator Manual
Overview:
The Nine Sweeper Indicator is a powerful technical analysis tool designed to identify potential trend exhaustion points in the market. It does this by counting a specific series of price conditions that suggest a trend may be reaching its limit. The Nine Sweeper Indicator consists of two phases:
Nine Setup Phase (9 Bars): This phase tracks consecutive bars where the price either makes higher highs (for buy setups) or lower lows (for sell setups).
Thirteen Countdown Phase (13 Bars): This phase tracks consecutive closes that are greater (for buy countdowns) or lower (for sell countdowns) than the close from two bars ago.
How the Nine Sweeper Works:
Nine Setup Phase (9 Bars):
The Nine Setup phase tracks a series of consecutive bars in which:
Buy Setup: The close of the current bar is higher than the close of the previous bar, repeated for 9 consecutive bars.
Sell Setup: The close of the current bar is lower than the close of the previous bar, repeated for 9 consecutive bars.
When this condition is met, a "9" label appears on the chart, signaling the completion of the setup phase.
Thirteen Countdown Phase (13 Bars):
After the Nine Setup phase completes, the Thirteen Countdown phase begins.
Buy Countdown: The close of the current bar must be higher than the close from two bars ago, repeated for 13 consecutive bars.
Sell Countdown: The close of the current bar must be lower than the close from two bars ago, repeated for 13 consecutive bars.
When this condition is met, a "13" label appears on the chart, signaling the completion of the countdown phase.
Using the Nine Sweeper Indicator:
Buy Signal:
A buy signal is generated when a "9" buy setup is followed by a "13" buy countdown. This indicates that the market may be exhausted to the downside, and a reversal to the upside could be imminent.
Sell Signal:
A sell signal is generated when a "9" sell setup is followed by a "13" sell countdown. This suggests that the market may be exhausted to the upside, and a reversal to the downside could be imminent.
Plotting the Indicator:
"9" Labels:
Green "9": Plotted below the bar for a buy setup (green when the buy setup is completed).
Red "9": Plotted above the bar for a sell setup (red when the sell setup is completed).
"13" Labels:
Green "13": Plotted below the bar for a buy countdown (green when the buy countdown is completed).
Red "13": Plotted above the bar for a sell countdown (red when the sell countdown is completed).
Strategy & Signal Confirmation:
The Nine Sweeper Indicator helps identify potential exhaustion points in a trend. For better accuracy, combine it with other indicators or chart patterns (such as RSI, MACD, or key support/resistance levels) to confirm the validity of the signals.
Example: If a buy signal is triggered (a "9" followed by a "13" buy countdown) and the RSI is below 30 (indicating oversold conditions), this could increase the likelihood of an upward reversal.
Adjusting the Nine Sweeper:
You can customize the Nine Sweeper settings to suit your trading strategy:
Nine Setup Length (9 Bars): The number of bars required to complete the Nine Setup phase. The default is 9, but you can adjust it depending on your preferred trading style or market conditions.
Thirteen Countdown Length (13 Bars): The number of bars required to complete the Thirteen Countdown phase. The default is 13, but you can experiment with this parameter for more aggressive or conservative signals.
Backtesting and Optimization:
To evaluate the effectiveness of the Nine Sweeper indicator, you can backtest the strategy on historical data using platforms like TradingView. By adjusting the setup and countdown lengths, you can optimize the indicator to suit specific market conditions and improve performance.
Limitations of Nine Sweeper:
While the Nine Sweeper is a powerful tool, it’s important to remember that no indicator is foolproof. Here are some limitations to keep in mind:
False Signals: In strong trending markets, the Nine Sweeper might give false signals or fail to predict the trend reversal.
Market Context: Always consider the broader market context, including the prevailing trend, volatility, and other fundamental factors, before acting on a signal.
Not a Standalone Tool: The Nine Sweeper works best when combined with other technical indicators (e.g., moving averages, RSI) and chart patterns to provide more accurate signals.
Summary:
The Nine Sweeper Indicator is a useful tool for identifying potential exhaustion points and trend reversals in the market. By counting a series of price conditions across multiple bars, it helps traders spot when the market may be reaching a turning point. However, as with any indicator, it should be used in conjunction with other analysis tools to increase the accuracy and reliability of trading signals.
Buy/Sell Signals for Natural Gas Futures//@version=5
indicator("Buy/Sell Signals for Natural Gas Futures", overlay=true)
// Input for Moving Averages
emaShortLength = input.int(20, title="Short EMA Length")
emaLongLength = input.int(50, title="Long EMA Length")
// Input for ATR (Stop-Loss, Take-Profit)
atrLength = input.int(14, title="ATR Length")
atrMultiplier = input.float(1.5, title="ATR Multiplier")
riskRewardRatio = input.float(2.0, title="Risk-Reward Ratio")
// Calculate Moving Averages
emaShort = ta.ema(close, emaShortLength)
emaLong = ta.ema(close, emaLongLength)
// Trend Detection
isUptrend = emaShort > emaLong
isDowntrend = emaShort < emaLong
// Average True Range (ATR) for Volatility-based Stop-Loss/Take-Profit
atr = ta.atr(atrLength)
// Breakout/Breakdown Levels (5-bar high/low for breakout/fall)
breakoutLevel = ta.highest(high, 5)
breakdownLevel = ta.lowest(low, 5)
// Buy Signal Condition
buySignal = close > breakoutLevel and isUptrend
// Sell Signal Condition
sellSignal = close < breakdownLevel and isDowntrend
// Stop-Loss and Take-Profit Levels (using ATR)
stopLossLong = close - (atr * atrMultiplier)
takeProfitLong = close + (atr * atrMultiplier * riskRewardRatio)
stopLossShort = close + (atr * atrMultiplier)
takeProfitShort = close - (atr * atrMultiplier * riskRewardRatio)
// Plot Buy/Sell Signals
plotshape(series=buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(series=sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
// Plot Stop-Loss and Take-Profit Levels for Buy and Sell
plotshape(series=buySignal ? stopLossLong : na, title="Stop-Loss Long", color=color.red, style=shape.triangledown, location=location.absolute, offset=-1, size=size.small)
plotshape(series=buySignal ? takeProfitLong : na, title="Take-Profit Long", color=color.green, style=shape.triangleup, location=location.absolute, offset=-1, size=size.small)
plotshape(series=sellSignal ? stopLossShort : na, title="Stop-Loss Short", color=color.red, style=shape.triangledown, location=location.absolute, offset=-1, size=size.small)
plotshape(series=sellSignal ? takeProfitShort : na, title="Take-Profit Short", color=color.green, style=shape.triangleup, location=location.absolute, offset=-1, size=size.small)
// Highlight the trend on the background (green for uptrend, red for downtrend)
bgcolor(isUptrend ? color.new(color.green, 90) : isDowntrend ? color.new(color.red, 90) : na)
// Alerts for Buy/Sell Signals
alertcondition(buySignal, title="Buy Signal Alert", message="Buy Signal Detected: Price has broken above resistance in an uptrend.")
alertcondition(sellSignal, title="Sell Signal Alert", message="Sell Signal Detected: Price has broken below support in a downtrend.")
MACD BY PRO MENTORCustom MACD Trading View Indicator by PRO MENTOR
The Custom MACD with 4-Color Histogram is a powerful, flexible technical indicator designed for traders who prefer customized settings and enhanced visual clarity. This indicator improves upon the traditional MACD by offering fully adjustable parameters, a dynamic 4-color histogram, and a zero-line reference to help traders make better-informed decisions.
Features:
Customizable Parameters:
Fast Length: The period for the faster moving average (default: 100).
Slow Length: The period for the slower moving average (default: 200).
Signal Smoothing: The period used to smooth the MACD signal line (default: 50).
Source: The price data used in calculations (default: close price).
Oscillator MA Type: Choice of "EMA" (Exponential Moving Average) or "SMA" (Simple Moving Average) for calculating the MACD line.
Signal Line MA Type: Choice of "EMA" or "SMA" for the signal line.
4-Color Histogram:
Green: Histogram is positive and increasing, signaling strong bullish momentum.
Lime: Histogram is positive but decreasing, indicating waning bullish momentum.
Red: Histogram is negative and decreasing, signaling strong bearish momentum.
Maroon: Histogram is negative but increasing, indicating waning bearish momentum.
Zero Line Reference:
A dotted zero line serves as a neutral reference point to identify bullish or bearish conditions. The MACD line above the zero line indicates bullish conditions, while below the zero line indicates bearish conditions.
Clear Visual Representation:
The MACD line (blue) and the signal line (orange) are plotted with distinctive colors for easy differentiation.
A color-coded histogram visually represents the strength and direction of the trend.
How It Works:
The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator. It is calculated as the difference between two moving averages: a fast and a slow moving average. The signal line, which is a smoothed moving average of the MACD line, is used to generate trading signals. This custom version allows traders to adjust key parameters to fit their trading style and market conditions.
Applications:
Identifying Trends:
When the MACD line is above the signal line and the histogram is positive, the trend is bullish.
When the MACD line is below the signal line and the histogram is negative, the trend is bearish.
Momentum Analysis:
The histogram color changes provide insight into the momentum strength and potential reversals.
Entry and Exit Signals:
Buy Signal: When the MACD line crosses above the signal line, especially above the zero line.
Sell Signal: When the MACD line crosses below the signal line, especially below the zero line.
Trend Reversal Detection:
Color changes in the histogram can alert traders to potential trend reversals or weakening momentum.
Benefits:
Customizability: Tailored to individual trading styles and market conditions with adjustable parameters.
Enhanced Visualization: The 4-color histogram provides detailed insight into trend strength and momentum shifts.
Broad Applicability: Works across various markets, including stocks, forex, cryptocurrencies, and commodities.
Limitations:
Lagging Nature: Like all moving average-based indicators, the MACD may lag in fast-moving markets.
False Signals: Sideways or choppy markets can lead to misleading signals.
Usage Tips:
Combine the Custom MACD with other technical indicators like RSI or Bollinger Bands to filter signals and improve accuracy.
Use the zero line as a reference for broader market trends.
Experiment with parameter settings to optimize the indicator for different timeframes and assets.
This Custom MACD Indicator by PRO MENTOR is a versatile tool for identifying trends, momentum, and potential trading opportunities. Its adaptability and enhanced features make it an excellent choice for traders at any experience level.
Stoch RSI Strategy by ZahidAramaiThis strategy combines the power of Stochastic RSI (StochRSI) with volume analysis to identify potential oversold bounces in the cryptocurrency market. The system is designed for catching momentum reversals while maintaining strict entry and exit criteria.
How It Works:
Uses Stochastic RSI with optimized settings (K:5, D:3, RSI Length:14)
Incorporates volume confirmation for trade validation
Implements momentum-based entry and exit rules
Entry Conditions:
Stochastic RSI drops below 10 (oversold condition)
Volume exceeds 100,000 (high liquidity confirmation)
Both conditions must occur simultaneously
Exit Conditions:
Stochastic RSI rises above 65 (momentum exhaustion)
Position automatically closes when exit condition is met
Strategy Do's:
✅ Use in ranging or trending markets
✅ Wait for both StochRSI and volume confirmations
✅ Monitor overall market conditions
✅ Consider using stop losses (not included in base strategy)
✅ Best used on 15m-1h timeframes
Strategy Don'ts:
❌ Don't override exit signals
❌ Avoid using during highly volatile news events
❌ Don't increase position size during drawdowns
❌ Don't use in low liquidity conditions
❌ Avoid trading against strong market trends
Implementation Tips:
Backtest thoroughly before live trading
Consider market volatility when setting exit levels
Monitor StochRSI divergences for additional confirmation
Use appropriate position sizing
Consider adding trailing stops for profit protection
Note: This strategy performs best in markets with clear momentum shifts and adequate volume. Always use proper risk management alongside these technical signals.
Altered - Boltzmann For LoopThe original script can be found at
New Additions
- A neutral score
- More versatile scoring mechanism
Trend Following StrategyIndicator Description: Trend Following Strategy
The Trend Following Strategy indicator is designed to provide clear and actionable buy and sell signals tailored for short-term timeframes, such as 1-minute, 5-minute, and 15-minute charts. It combines moving averages, volume analysis, and trend filtering to identify high-probability trading opportunities while optimizing risk management.
Key Features:
Dual Moving Averages (MA):
Short MA (default: 20) and Long MA (default: 50) provide crossover signals to indicate potential buy or sell opportunities.
Volume Confirmation:
Incorporates a Volume Moving Average (default: 20) to ensure signals align with significant market activity.
Trend Filter:
A trend filter (default: 50 MA) helps align trades with the broader market direction, reducing false signals in consolidating markets.
Dynamic Stop Loss and Take Profit:
Uses ATR (default length: 10) to dynamically calculate stop-loss and take-profit levels, ensuring trades adapt to market volatility.
Includes a customizable risk-to-reward ratio (default: 1.5) for consistent trade management.
Signal Refinement:
Prevents overlapping buy and sell signals for clarity.
Adjusts parameters to suit shorter timeframes, ensuring quicker responsiveness to market movements.
Visual Enhancements:
Plots bold, color-coded lines for stop-loss (red) and take-profit (green) levels on the chart.
Displays buy and sell signals as labels with relevant price levels.
Alerts:
Configurable alerts for buy and sell signals to keep you informed of trading opportunities in real-time.
Usage:
Timeframes: Optimized for lower timeframes (1m, 5m, 15m).
Buy Signal: Triggered when the short MA crosses above the long MA, with volume above its moving average, and the price above the trend filter.
Sell Signal: Triggered when the short MA crosses below the long MA, with volume above its moving average, and the price below both the trend filter and short MA.
This indicator is an excellent tool for traders seeking to capitalize on short-term trends while maintaining a disciplined risk management framework. Customize the parameters to fit your trading style and timeframes.
Altered - Adaptive Gaussian MA For Loop [BackQuant]The original indicator can be found at
Additional features
- A Neutral Zone
- More versatile scoring mechanisms
Trend Following StrategyThis is a trend following strategy singal that produces buy or sell signals based off of moving averages and other areas of price inefficiency
VWAP BY PRO MENTORDescription of the VWAP Indicator Strategy
The Volume Weighted Average Price (VWAP) is a widely-used technical indicator that provides a benchmark for the average price an asset has traded at throughout the day, based on both price and volume. It is particularly popular among institutional traders, intraday traders, and scalpers. Unlike moving averages that consider only price, VWAP incorporates volume, making it a more accurate representation of market sentiment and price levels.
Components of the VWAP:
Price Component: The average price is calculated using high, low, and close prices.
Volume Component: This adds weight to the prices based on the trading volume, emphasizing areas of high activity.
How the VWAP Strategy Works:
Bullish Bias:
When the price is above the VWAP line, it indicates that the asset is trading in a bullish environment.
Traders often use this as a signal to enter long positions or to avoid selling short.
Bearish Bias:
When the price is below the VWAP line, it indicates a bearish sentiment in the market.
Traders consider this a signal to enter short positions or avoid buying.
VWAP as Support/Resistance:
The VWAP line often acts as dynamic support or resistance.
Traders use it to identify pullbacks or breakouts during trending markets.
Entry and Exit Rules:
Entry Rules:
Go long when the price crosses above the VWAP line, signaling a potential uptrend.
Go short when the price crosses below the VWAP line, signaling a potential downtrend.
Exit Rules:
Exit when the price retraces back to the VWAP line, suggesting a potential reversal or consolidation.
Use additional indicators like RSI or MACD for confirmation.
Advantages:
Volume-Weighted Accuracy: VWAP incorporates volume into its calculation, making it a reliable tool for understanding true market trends.
Institutional Usage: Institutional traders use VWAP to gauge execution prices, ensuring trades occur near the average price.
Intraday Applicability: VWAP is reset daily, making it highly effective for intraday trading strategies.
Limitations:
Intraday Focus: VWAP is recalculated at the start of each trading session, limiting its use for multi-day trends.
Lagging Indicator: Like all moving averages, VWAP lags behind price movements due to its reliance on past data.
Enhancements:
Combine VWAP with other tools for greater reliability:
RSI or Stochastic Oscillator: To confirm overbought or oversold conditions.
Price Action Analysis: Identify key support and resistance levels.
Moving Averages: Integrate with EMAs or SMAs for better trend identification.
The VWAP Strategy is an effective tool for both novice and professional traders looking to align their trades with market sentiment and trends. Its combination of price and volume data makes it an indispensable indicator for intraday trading.
GTATR_N PatternTrend Reversal from down to Raise from lower low to reversal lower high and higher high form N pattern in starting a day and End of day
