Swing-Based VWAPSwing-Based VWAP
Summary:
The "Swing-Based VWAP" indicator enhances traditional VWAP calculations by incorporating swing-based logic. It dynamically adapts to market conditions by identifying key swing highs and lows and calculating VWAP levels around these pivot points. This makes it a versatile tool for traders seeking actionable price insights.
Explanation:
What is Swing-Based VWAP?
The Swing-Based VWAP is a modified version of the Volume-Weighted Average Price (VWAP). It calculates VWAP not only for a chosen timeframe (e.g., session, week) but also adapts dynamically to market swings. By identifying swing highs and lows, it offers more precise levels for potential price action.
Unique Features:
1. Dynamic Swing Integration:
- Uses pivot points to determine significant price levels.
- Calculates VWAP based on these points to adapt to market trends.
2. User-Friendly Settings:
- Includes options to hide VWAP on higher timeframes for chart clarity.
- Flexible swing size input for adjusting sensitivity.
How to Use:
1. Configuring Swing Settings:
- Use the "Swing Setting" input to determine the sensitivity of swing detection.
- Higher values identify broader swings, while smaller values capture more granular movements.
2. Enabling/Disabling VWAP:
- Toggle VWAP visibility using the "Use VWAP" option.
- The "Hide VWAP on 1D or Above" setting lets you control visibility on higher timeframes.
3. Anchor Period:
- Select your preferred anchoring period (e.g., session, week) to match your trading style.
4. Adjusting the Data Source:
- Use the "Source" input to select the price source (default: HLC3).
5. Visualizing Swing-Based VWAP:
- The script plots a dynamic VWAP line based on detected swing points.
- This line highlights average price levels weighted by volume and swing pivots.
指標和策略
Ji Long Short OpenThis Pine Script indicator provides multiple moving averages, including Simple Moving Averages (SMA), Volume-Weighted Moving Averages (VWMA), and Volume-Weighted Average Price (VWAP). It helps traders analyze trends, support, and resistance levels effectively. Fully customizable, it suits various strategies by offering dynamic visualizations and enhanced insights for TradingView users.
Horizontal lines by AydmaxxIndicator Description: Horizontal Lines by Aydmaxx
This indicator plots customizable horizontal lines on the chart to assist with technical analysis. It allows traders to define a starting price and a step size (gap) between the lines, making it versatile for a variety of strategies, such as identifying support, resistance, or key price levels.
How to Use:
Starting Price (Bottom): Enter the price level where the first (lowest) line should begin. This is your base level.
Example: If you're analyzing a market with prices around 2550, you can set this value to 2550 to align the indicator with your focus.
Gap (Step Size): Specify the interval or step size between consecutive lines.
Example: If you want lines every 10 points, set this value to 10.
Number of Lines: Adjust the total number of lines to display on the chart.
Line Style and Width: Customize the appearance of the lines (solid, dashed, dotted) and their thickness.
Line Colors and Transparency: Choose primary and secondary colors for alternating lines, and adjust the transparency to match your visual preferences.
This indicator is ideal for visualizing price zones and can be tailored to suit any trading style. Adjust the parameters based on your market analysis to highlight key price levels effectively.
Multi-EMA Indicator by Anand Padmanabhan @pBasic indicator which includes 21, 34, 50, 100 and 200 EMA
5 Pips GridDescription:
The 5 Pips Grid Tool is a versatile and visually intuitive indicator designed to enhance your trading experience by creating a customizable grid of horizontal lines at fixed intervals. Ideal for scalpers, day traders, and price action enthusiasts, this tool helps identify and navigate key price levels with ease.
Features:
Customizable Base Price: Set your preferred starting price for the grid.
Adjustable Line Spacing: Define the interval between each line in price units (e.g., 5 pips or any other value).
Dynamic Visualization: Automatically generates lines above and below the base price, aiding in the identification of price zones, support, and resistance levels.
Interactive Flexibility: Easily modify grid parameters to adapt to market conditions or personal trading strategies.
Performance Optimized: Draws lines only within visible and future-relevant chart areas to maintain chart clarity and prevent clutter.
Use Cases:
Highlight potential entry and exit zones based on price intervals.
Visualize and manage trading strategies, including range trading and breakout levels.
Aid in psychological pricing zones for instruments with consistent pip ranges.
This indicator ensures you never miss key levels while keeping your chart clean and actionable. Perfect for technical traders who value precision and clarity.
Candlestick with Volume & Overbought/OversoldTo find above 120k volume cantle in over brought and over sold area.it can change the trend
Pivot PointsPivot Points Indicator
The Pivot Points indicator highlights areas on the chart where candles close in opposite colors. These points occur when the price shifts from bullish to bearish, or vice versa, indicating potential reversals or continuation patterns. These points are more easily seen on a line chart and represent areas where the price changes direction to create peak formations.
Foundational Concepts
Before diving into the indicator, it’s important to understand a few key concepts:
When price is trending upward, it creates higher highs and higher lows. Each high or low acts as a pivot point. In an uptrend, the price is more likely to break the previous high (pivot point) and continue higher. You can enter a buy trade when the price breaks the previous high, anticipating the continuation of the trend.
When price is trending downward, it creates lower lows and lower highs. Each high or low is also a pivot point. In a downtrend, the price is more likely to break the previous low (pivot point) and continue lower. You can enter a sell trade when the price breaks the previous low, anticipating the continuation of the trend.
For reversal trades, it’s helpful to be familiar with chart patterns like double tops, double bottoms, and head and shoulders. The Pivot Points indicator can assist in identifying these patterns, helping you determine entry points, as well as where to place your stop loss.
Recommended Setup
It’s recommended to have two charts open side by side: one displaying a line chart and the other showing a candlestick chart, with the Pivot Points indicator applied to both. This setup allows you to easily identify the market structure and price action as it approaches these levels. You can also add a 20-period Simple Moving Average (SMA) to both charts to help identify the overall trend. Additionally, consider adding the Relative Strength Index (RSI) to the line chart to confirm overbought or oversold conditions.
This approach can be used on any timeframe.
Contributing
If you have suggestions, improvements, or bug fixes, I encourage you to submit pull requests. Collaboration helps make the indicator more versatile and useful for everyone.
Disclaimer
Any trading decisions you make are entirely your responsibility.
The MetaTrader 5 version of this indicator is available on my GitHub repository: roshaneforde/pivot-points-indicator
DTFX SCE [Wang Indicators]DTFX Single Candle Entry Model
Overview : The "Single Candle Entry Model" indicator is designed to help traders leverage price action through a simple yet effective trading strategy. This indicator automatically detects candles that encompass both the high and low of the previous candle, creating key price zones for potential market entries.
Key Features:
Automated Candle Detection:
Identifies candles that break both the high and low of the previous candle.
Highlights significant price zones for potential trade entries.
Fibonacci and GAN Levels:
Integrates Fibonacci retracement levels (30%, 50%, 70%) and GAN levels to identify pullbacks within the price zone.
Provides clear visual cues for entry points based on retracement analysis.
Customizable Alerts and Zones:
Alerts triggered when the price returns to the identified entry zone.
Flexible customization options for zone colors and Fibonacci levels to match trading preferences.
Versatility:
Applicable to all asset classes, including stocks, forex, and cryptocurrencies.
Compatible with all timeframes – from scalping on the 1-minute chart to swing trading on daily charts.
Why Use This Indicator?
Enhanced Risk/Reward Ratio: By entering trades at optimal retracement levels, traders can maximize profit potential while minimizing risk.
User-Friendly: Suitable for both beginner and experienced traders looking to simplify their trading process.
Efficient Market Entries: Focuses on high-probability setups driven by price action, providing a strategic edge in various market conditions.
Take your trading to the next level with the Single Candle Entry Model – an essential tool for disciplined and precise market entries.
Buyers vs Sellers % Buyers vs Sellers Imbalance Indicator
This indicator calculates the real-time imbalance between buyers and sellers to help traders understand market sentiment and momentum. It uses multiple factors to give accurate percentages for buying and selling pressure, making it a powerful tool for trend following, scalping, or swing trading.
How It Works
Candle Analysis
Breaks down each candle into its body, upper wick, and lower wick to evaluate buying or selling pressure.
Larger candles and wicks carry more weight in the calculation.
Volume Integration
Incorporates trading volume for more accurate buy/sell pressure percentages.
Trend Filter (9 EMA)
Identifies trends by analyzing whether the price is above or below the 9 EMA and whether it's acting as support or resistance.
Consolidation Detection
Uses market volatility (ATR) to detect choppy, sideways conditions and adjusts the calculations to avoid misleading signals.
Candlestick Patterns
Adjusts the percentages when specific bullish or bearish patterns (e.g., engulfing, morning star) are detected.
How to Use
Imbalance Shifts: Look for significant changes in the buy/sell percentages to identify momentum shifts.
Trend Confirmation: Combine the indicator with the 9 EMA trend filter to confirm uptrends (price above EMA) or downtrends (price below EMA).
Avoid Consolidation: Use the built-in consolidation detection to avoid trading during low-volatility, choppy conditions.
Customization
Lookback Period: Adjust the sensitivity of the indicator by changing the number of candles analyzed.
Trend Settings: Customize how the 9 EMA influences the calculations.
Flexibility: Choose where to display the percentages on your chart (top-left, top-right, etc.) for convenience.
Why Use It?
This indicator goes beyond simple buy/sell volume analysis by incorporating price action, volume, candlestick patterns, and trend dynamics. It helps traders make more informed decisions by providing a clearer picture of market sentiment.
DotThis script allows users to mark a specific candlestick for multi-timeframe analysis or observation. It is designed to facilitate better tracking and analysis of selected areas across different timeframes.
VWAP Strategy BY VGPATELThis strategy provides clear buy and sell signals based on the interaction of price and VWAP, helping traders to capitalize on intraday price movements while filtering out market noise.
My strategy{ "secret": "eyJhbGciOiJIUzI1NiJ9.eyJzaWduYWxzX3NvdXJjZV9pZCI6MTA1NTM1fQ.LjhZON_V472svSJ-DYbE8zFstu01THnQ5pOiaFixEEY", "max_lag": "300", "timestamp": "{{timenow}}", "trigger_price": "{{close}}", "tv_exchange": "{{exchange}}", "tv_instrument": "{{ticker}}", "action": "{{strategy.order.action}}", "bot_uuid": "1eb94d98-de6e-4a1c-810c-edfc0a713306", "strategy_info": { "market_position": "{{strategy.market_position}}", "market_position_size": "{{strategy.market_position_size}}", "prev_market_position": "{{strategy.prev_market_position}}", "prev_market_position_size": "{{strategy.prev_market_position_size}}" }, "order": { "amount": "{{strategy.order.contracts}}", "currency_type": "base" }}
My strategy{ "secret": "eyJhbGciOiJIUzI1NiJ9.eyJzaWduYWxzX3NvdXJjZV9pZCI6MTA1NTM1fQ.LjhZON_V472svSJ-DYbE8zFstu01THnQ5pOiaFixEEY", "max_lag": "300", "timestamp": "{{timenow}}", "trigger_price": "{{close}}", "tv_exchange": "{{exchange}}", "tv_instrument": "{{ticker}}", "action": "{{strategy.order.action}}", "bot_uuid": "1eb94d98-de6e-4a1c-810c-edfc0a713306", "strategy_info": { "market_position": "{{strategy.market_position}}", "market_position_size": "{{strategy.market_position_size}}", "prev_market_position": "{{strategy.prev_market_position}}", "prev_market_position_size": "{{strategy.prev_market_position_size}}" }, "order": { "amount": "{{strategy.order.contracts}}", "currency_type": "base" }}
9:45 AM Vertical Lines9:45 AM vertical lines babyyy - this script just adds a line to the chart at 9:45 AM EST each day.
[blackcat] L2 Quantitative Trading Reference█ OVERVIEW
The script " L2 Quantitative Trading Reference" calculates and plots various directional indicators based on price movements over a specified period. It primarily focuses on identifying trends, trend strength, and specific candlestick patterns such as strong bearish candles.
█ LOGICAL FRAMEWORK
The script consists of several main components:
Input Parameters:
None explicitly set; however, implicit inputs include high, low, and close prices.
Custom Functions:
count_periods: Counts occurrences of a condition within a given lookback period.
every_condition: Checks if a condition holds true for an entire lookback period.
calculate_and_plot_directional_indicators: Computes directional movement indices and determines market conditions like direction, strength, and specific candle types.
Calculations:
• The script calculates the True Range, differences between highs/lows, and computes directional movement indices.
• It then uses these indices to determine the current market direction, strength, and identifies strong bearish candles.
Plotting:
• Plots histograms representing different conditions including negative directional movement in red, positive directional movement in green, continuous strength in yellow, and strong bearish candles in aqua.
Data flows from the calculation of basic price metrics through more complex computations involving sums and comparisons before being plotted according to their respective conditions.
█ CUSTOM FUNCTIONS
count_periods:
Counts how many times a certain condition occurs within a specified number of periods.
every_condition:
Determines whether a particular condition has been met continuously throughout a specified number of periods.
calculate_and_plot_directional_indicators:
This function encompasses multiple tasks including calculating the True Range, Positive/Negative Directional Movements and Indices, determining the market direction, assessing strength via bar continuity since the last change, and identifying strong bearish candles. It returns four arrays containing directional movement, positivity status, continuous strength, and strong bearish candle occurrence respectively.
█ KEY POINTS AND TECHNIQUES
• Utilizes custom functions for modular and reusable code.
• Employs math.sum and ta.barssince for efficient computation of cumulative values and counting bars since a condition was met.
• Uses ternary operators (condition ? value_if_true : value_if_false) extensively for concise conditional assignments.
• Leverages Pine Script’s built-in mathematical functions (math.max, math.min, etc.) for robust financial metric calculations.
• Implements histogram plotting styles to visually represent distinct market states effectively.
█ EXTENDED KNOWLEDGE AND APPLICATIONS
Potential enhancements can involve adding alerts when specific conditions are met, incorporating additional technical indicators, or refining existing logic for better accuracy. This script's approach could be adapted for creating strategies that react to changes in market dynamics identified by these directional indicators. Related topics worth exploring in Pine Script include backtesting frameworks, multi-timeframe analysis, risk management techniques, and integration with external data sources.
Sessions [TBWS]Sessions displays the London, New York, and Asia trading sessions directly on your chart. Includes customizable session times, shaded areas, labels, and the option to toggle outlines—helping you focus on market activity with ease.
Merry ChristmasThis indicator creates a dynamic table of holiday greetings in 40 languages, taking advantage of Pine Script v6's new variable text size feature. The messages appear with randomized colors, sizes, and positions, refreshing with each bar update to create an ever-changing festive display. Includes traditional Christmas, Hanukkah, and New Year wishes across cultures. To fellow Pine developers who continue to push the boundaries of what's possible with Pine Script - thank you and happy holidays.
Cross-Symbol Candle Comparison IndicatorEasily compare the candle closing direction of your current chart's symbol with another symbol of your choice using this Pine Script indicator. Whether you're analyzing NAS100 against S&P500 or any other pair of assets, this tool highlights candles where the two symbols diverge:
Bullish vs. Bearish: Highlights candles when one symbol closes bullish and the other bearish, and vice versa.
Custom Symbol Input: Select any symbol to compare with the chart you're currently analyzing.
Multi-Timeframe Support: Works seamlessly across all timeframes to fit your trading style.
Enhance your technical analysis with this user-friendly and dynamic comparison tool. Perfect for traders seeking correlation or divergence insights between different assets.
PineTraderOT_V5Are you tired of the complexities of creating properly formatted order tickets in TradingView? We’ve got you covered! The PineTrader Order Ticket Generator library is here to simplify the process and help you automate your trading strategies with ease.
Why This Library?
Currently, TradingView doesn’t support JSON formatting natively. This means creating order tickets for automation often involves tedious string manipulations to build a message that services like PineTrader can understand. Our library takes care of all that for you by providing an easy-to-use method to generate correctly formatted JSON order tickets.
What Does It Do?
This library is your shortcut to creating automated trades using TradingView and PineTrader. It lets you build buy, sell, and pending orders with all the parameters you need, such as:
Take Profit (TP)
Stop Loss (SL)
Trailing Stops
And more!
Once your order ticket is ready, you can send it to the PineTrader webhook URL:
👉 webhook.pinetrader.io
The webhook communicates with your broker (like MT5) to execute trades based on the order ticket.
How to Use It?
Import the Library
Add this library to your Pine Script™ project.
Use CreateOrderTicket Method
Call the CreateOrderTicket function in your script and define the parameters for your trade, such as size, price, order type, and more.
Set Up Alerts
Create an alert in TradingView.
Use the webhook URL (webhook.pinetrader.io) for the alert notification.
Set the alert message to {{strategy.order.message}} (make sure to include alert_message in your strategy.entry or strategy.exit methods).
Enjoy Automation
Once the alert is triggered, the order ticket is sent to PineTrader, and your trades are executed automatically.
Example Workflow
Here’s how simple it is:
Define your trading parameters using CreateOrderTicket.
Add an alert linked to the PineTrader webhook.
Watch as your TradingView strategy seamlessly interacts with your broker!
Why Choose PineTrader Order Ticket Generator?
This library:
Saves time by automating the formatting of order tickets.
Reduces errors in creating JSON strings manually.
Simplifies integration between TradingView and brokers like MT5.
Automate your strategies today with the PineTrader Order Ticket Generator—the bridge between TradingView and effortless trading automation!
Higher Timeframe MAsPlots moving averages from a higher timeframe onto the current chart. Each line can have its own MA type and length.
TS Aggregated Median Absolute DeviationTS Aggregated Median Absolute Deviation (MAD) Indicator Explanation
Overview
The TS Aggregated Median Absolute Deviation (MAD) is a powerful indicator designed for traders looking for momentum-based strategies. By aggregating the Median Absolute Deviation (MAD) across multiple timeframes, it provides a comprehensive view of market dynamics. This indicator helps identify potential reversal points, overbought/oversold conditions, and general market trends by leveraging the concept of MAD, which measures price dispersion from the median.
Signal Generation:
Long Signal: Triggered when the price moves above the aggregated upper band
Short Signal: Triggered when the price moves below the aggregated red band
Alerts:
Real-time alerts are integrated to notify the user of long or short signals when confirmed:
Long Signal Alert: "TS MAD Flipped ⬆LONG⬆"
Short Signal Alert: "TS MAD Flipped ⬇Short⬇"
Optimization:
Adjust thresholds, MAD lengths, and multipliers for each timeframe to suit the specific asset and market conditions.
Experiment with enabling/disabling MAD components to focus on particular timeframes.