DB KCBB%D WavesDB KCBB%D Waves
What does the indicator do?
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility. You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Zone Alert
DB KCBB%D MEDIUM Buy Alert
DB KCBB%D STRONG Buy Alert
DB KCBB%D Sell Alert
DB KCBB%D STRONG Sell Alert
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
在腳本中搜尋"Buy sell"
RPS OscillatorGood day to everyone!
How RPS Oscillator is different and useful while taking positions?
RPS Oscillator is a volume weighted oscillator which provides major buy/sell signals (Look for Green Up and Red Down Signals).
Users can enable to show leading (minor) buy/sell signals (Look for small Green/Red Circles). By default, it's disabled to avoid too many calls.
How to take trades using RPS Oscillator?
RPS Oscillator has a moving average with three colors.
Aqua - Uptrend
Yellow - Probable Trend Reversal or Major Volatile Move Coming
Red - Downtrend
How to find the strength of the trend using RPS Oscillator?
The uptrend is strong when you see the moving average in aqua color moving upwards.
The downtrend is strong when you see the moving average in red color moving downwards.
Avoid take any positions when the moving average is going sideways.
How to use the divergence in the RPS Oscillator?
The Bullish divergence gives the alert for the trend reversal to the upside.
The Bearish divergence gives the alert for the trend reversal to the downside.
The Hidden Bullish divergence gives the alert for the trend correction to the upside.
The Hidden Bearish divergence gives the alert for the trend correction to the downside.
How to get notified through RPS Oscillator without keeping eyes on the charts?
You can configure alerts for major happenings in the oscillator.
Major Long/Buy Signal
Major Short/Sell Signal
Bullish Divergence
Bearish Divergence
Hidden Bullish Divergence
Hidden Bearish Divergence
~RPS~
[VC] Box Chart Index V1.0The ''V.C Box Chart Index'' shows the shortest possible wave. It graphically shows the continuous up movement or continuous down movement in the form of a box. As soon as the direction changes, the box changes as well.
It is an effortless way to show the price change that occurred in the box visually. It also correlates to what Wyckoff said about as the buying waves increase in volume, time, and length & the selling waves shorten, lookout for a change in the prevailing trend.
The example below shows more big green boxes than red, and the price change caused by the green box has made the uptrend.
Important Note:
V.C Box Chart Index also correlates to another indicator named V.C Box Chart Histogram
V.C Box Chart Histogram draws the cumulative delta based on each box as a histogram. Combining these two indicators empowers you to see the cumulative demand & supply and buying & selling quantity of each box.
See the Example Blow:
The above example shows that supply is decreasing on down boxes, indicating that fewer sellers are left to pull the market down.
On the other hand, demand increases on the up boxes, indicating that more buyers are coming into the market. As a result, every green box is breaking the previous high & price is moving upside.
For a more comprehensive understanding of the co-relation of these two indicators, read the description from the link below.
V.C Box Chart Index Settings & Properties Explained
Border of Box:
Allow you to show/hide the border of the box
Positive Box & Negative Box Borders:
Allow you to change the border color & opacity
Positive Box & Negative Box:
Allow you to change the color & opacity of the box
Disclaimer Note:
V.C Box Chart Index is not a BUY/SELL signal based indicator or a holy grail trading system.
It is purely Volume, Delta, Orderflow, Demand & Supply imbalance and comparative analysis based indicator tool kit. Before applying this indicator to your analysis, you should know about Volume, Delta & Spread, and Demand & Supply.
Some basic understanding of Sir Richerd Wyckoff's Theory can also be helpful.
Vix FIX / Stochastic Weights StrategyThis script is based off of Chris Moody's Vix Fix Indicator modified by OskarGallard and BigBitsIO's Stochastic Weights.
This script is a compilation of several different stochastic indicators (and RSI ) where the K value of each indicator is equally weighted. The purpose of the indicator is to combine many indicators together in a fashion that weights them easier. By default, the Stochastic and Stochastic RSI are both enabled - the idea is to speed up the relatively slower Stochastic and to slow down the relatively fast Stochastic RSI . BigBitsIO's Stochastics are also available that can also be added to the weighted calculation. Only the K value is weighted, as the D value is just a moving average of the weighted K.
- Why is this modifed stochastic useful?
- To weight multiple indicators together so that you can attempt to find optimal values shared amongst the indicators. Ex: If Stochastic RSI is 100 and Stochastic is 50, K would be 75 and not particularly high. If you add in a 50 RSI , the K would be 67 in this example. If we weight indicators together that all have a high value they could potentially help find elements that align together to produce a stronger signal.
In this script we have the red "S" triangles which are Exits (overbought stochastic crosses).
Added alerts for stochastic exit signals. Alerts are Pre-Set to only Alert on Bar Close.
The "Williams Vix Fix" is one of the most reliable indicators in history for finding market bottoms. The Vix Fix is simply a code from Larry Williams creating almost identical results for creating the same ability the Vix has to all assets.
The VIX has always been much better at signaling bottoms than tops. Simple reason is when market falls retail traders panic and increase volatility , and professionals come in and capitalize on the situation. At market tops there is no one panicking... just liquidity drying up.
The FE green triangles are "Filtered Entries".
The AE green triangles are "Aggressive Filtered Entries".
Added Alerts to Williams Vix Fix (Aggressive Entry and Filtered Entry). Alerts are Pre-Set to only Alert on Bar Close.
Added "Ehlrers StochCCI" indicator of user @glaz
The Ehlrers StochCCI is a variation of Ehlers Stochastic RSI replaced with CCI.
The John Ehlers' article in August, 2006, "Modeling The Market = Building Trading Strategies," describes a process for extracting trend and cyclic elements from market data, then recombining them for trading purposes. He used the Stochastic RSI denoted the cyclic elements.
Added ability to show Dots when StochCCI Crosses.
Sell: fuchsia dots.
Buy: green dots.
Added alerts for (Buy / Sell) StochCCI. Alerts are Pre-Set to only Alert on Bar Close.
DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB.
Trend MasterThis is a trend aggregator for confirmation and trend signals. It basically aggregates many buy/sell signals and confirmation and by combining them provides a strong buy/sell signal or trend confirmation.
The actual layout idea and trend confirmation is derived from Trend Meter and this indicator uses few other indicator, such as Chandelier Exit, WaveTrend, QQE Signals, Parabolic SAR and AlphaTrend. This indicator aggregates signal from different methods to find out more powerful and confirmed Trend and combines them into one Signal. It also uses Technical Ratings from TradingView team to filter out false signal, it tremendously opts out false signals and improve profitability.
The first seven dots are these
All 3 Trend Meters Now Align
MACD Crossover - Fast - 8, 21, 5
RSI 13: > or < 50
RSI 5: > or < 50
MA Crossover
MA Crossover
Chaikin Money Flow
Alphatrend
Technical Ratings
Then trend
Chandelier Exit
WaveTrend
QQE Signals
Parabolic Sar
All 3 Trend Meters aligns and A signal from trend i
Instructions
Change buy/sell policy based on market trend
Works on all TimeFrame but gives more accuracy on 4H, 1D.
Buy when green big dot appears at the bottom.
Sell when red big dot appears at the bottom.
Red/green dot at the top line appears when three trend meter is aligned and this is a good confirmation.
Any red/green dot below horizontal bars are trend signals.
Big red/green got at the bottom appears whenever there's a good confirmation from trend meter and a buy/sell signal comes from any trend signals.
Also look on the technical ratings bar, green means buy, red means sell and yellow means neutral.
Look for Support or Resistance Levels for price to be attracted to.
Find confluence with other indicators.
The more Trend meters are lit up the better.
Alert
01 Buy Signal = Strong Buy Signal
02 Sell Signal = Strong Sell Signal
03 Buy Signal = Strong Buy Signal
04 Sell Signal = Strong Sell Signal
Thanks to TradingView Technical Ratings authors, evergot, Lij_MC, KivancOzbilgic for their work. This indicator was heavily inspired from their work.
Deadly Trio V2.0Overview:
This is a fully featured StochRSI, RSI & Bollinger Bands customisable indicator with custom conditions and alerts that can be taken advantage of using automated solutions such as Autoview, 3Commas or using it alongside/testing BUY/SELL conditions against your favourite markets to maximise gains. Finally you can use this a standalone manual general purpose signals indicator to scalp or accumulate your chosen market.
Time Frame:
This Indicator is specially customize for 5min time frame, but you can use it on Higher Time Frames as well, such as 15min, 1hr, 4hr and 1Day.
How to Use:
Long Position:
When the RSI is in Oversold (below 30) in 5min time frame, and Deadly Trio shows BUY Signal, then enter in the trade with long position.
Take Profit for Long Position:
When the candle touches the middle line (White Line) then it will be consider as the Target 1 Hit. When the candle touches the Upper Band then it will be consider as the Target-2 Hit. Always book some profit on Target-1. To play safe, you can close your trade in profit when the Target-1 Hit.
Short Position:
When the RSI is in Overbought (above 70) in 5min time frame and Deadly Trio Indictor shows SELL Signal, then enter in the trade with short position.
Take Profit for Short Position:
When the candle touches the middle line (White Line) then it will be consider as the Target 1 Hit. When the candle touches the Lower Band then it will be consider as the Target-2 Hit. Always book some profit on Target-1. To play safe, you can close your trade in profit when the Target-1 Hit.
How to do DCA (Dollar Cost Averaging):
If you want to maximize your profit, or you want to exit your trade always in profit then DCA (Dollar Cost Averaging) is very necessory. For DCA, always buy in parts. If you are in Long Position and another BUY signals appears on Deadly Trio, then Buy some more as per your financial conditions. Same condition apply for Short Position when SELL signal appears.
When to EXIT the Trade:
If you are in Long Position/Short Position and SELL / BUY Signal appears on the candle then close your Long Position/Short Position. You can also use this condition as a STOP LOSS.
[UPRIGHT Trading] OrderZones - Supply & Demand (Predictive) (cc)Hello Traders,
This is one that I've been working on a very, Very long time. As easy as it is to draw after the fact, as someone well versed in Supply and Demand; it's a bit more difficult to create all the calculations to show them, code them out, and then I went a step further — attempting to predict future ones as well.
Let's talk about what Supply & Demand Zones are. They are a pattern and technical analysis technique used in day and swing trading. Demand zone represents the area with strongest buying pressure and Supply zone represents selling pressure. Often these zones will show Institutional/Large buyers and sellers executing their orders causing price to move up or down very quickly, creating a long wick on a small and sometimes momentum that feeds into the larger timeframes. Therefore, in the simplest terms, the Supply and Demand Orderzones are the zones the price often gets rejected from or returned to; when Demand exceeds Supply, price jumps up and vice versa.
Unlike lines of support and resistance , these are zones more closely than precise lines, but can help gauge Support and Resistance on the fly.
Richard Wykoff was one of the first market analysts to explain the interaction of these phases, giving them four labels. It is in the understanding of Wyckoff's explanation of market price action, that supply and demand zones are also known as Accumulation and Distribution zones (Accumulation, Markup, Distribution, Markdown).
Shows potential entries on break from zone. Pivots. Large breakdowns or breakouts signalling possible trend change.
Super Fast Real-time Orderzone creation. Resistance line at Supply, shows multiple dimensions of each zone when large enough.
Different calculation, line, transparency settings
Minimalist mode with autobox
Features:
Multiple calculation modes with different lengths and displays.
AutoBox (Predictive Orderzones).
Buy/Sell Highlights.
UPRIGHT – Ultimate Reversals (Support/Resistance version).
Breakouts/Breakdowns + Signals.
Pivot Labels (HH, HL, etc).
Pivot Bar.
Pivot Buy /Sell Signals.
Fully Customizable—Change line types, transparency, colors, etc).
I am still working on the calculations for one more addition, but as it is, this should help anyone automate their S/D technical analysis.
Please see author instructions for access.
Cheers,
Mike
(UPRIGHT Trading)
Candles Colored Green/Red According To Buy & Sell PressureCANDLES COLORED GREEN OR RED ACCORDING TO BUY & SELL PRESSURE
This indicator paints each candle green, red or blue depending on whether the buy/sell pressure for that candle is bullish, bearish or neutral.
***TURN OFF NORMAL CANDLE COLORS***
For this script to show properly on the chart, make sure you go to chart settings(gear icon in top right corner) and in the symbol tab, uncheck body, borders and wick.
***HOW TO USE***
When the directional movement index indicator shows more buying pressure than selling pressure, the candle will appear lime green. This indicates bullish buying pressure.
When the directional movement index indicator shows more selling pressure than buying pressure, the candle will appear red. This indicates bearish selling pressure.
When the directional movement index indicator shows the same amount of buy and sell pressure, the candle will appear blue. This indicates neutral buy/sell pressure.
Use the color changes to see if there is more buying or selling to pinpoint reversals and understand current market buying. Wait to enter or exit positions until the candles turn the opposite color.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This DMI color coded candlestick indicator can be used on all timeframes.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Directional Movement Index, Color Coded Buy & Sell Pressure Volume Profile, Auto Support And Resistance and Money Flow Index in combination with this Buy & Sell pressure Candle indicator.
Jerry Romine Momentum Dream With Risk ManagementThe Momentum Dream Indicator with Risk Management is really two powerful indicators combined in one.
The Momentum Dream Indicator is a volatility and momentum indicator that measures the relationship between the Bollinger Bands and Keltner Channels to help identify consolidations and signal potential breakouts.
MOMENTUM DREAM INDICATOR:
SIGNALS AND ZONES:
Green Arrow = Post Squeeze Buy Triggered = GREEN ⇧ shows squeeze out on upward momentum (often a good time to buy)
Orange Arrow = Post Squeeze Sell Alert = ORANGE ⇩ shows squeeze out on downward momentum (often a good time to sell or NOT buy)
Green Dot on Chart - Day one of the buy zone
Green Shading - Buy Zone
Pink Dot on Chart - Day one of warning zone
Red Shading - Warning zone. Often a good time not to buy or to consider selling.
LABELS (Color Indicates Direction):
Momo Up / Down = Current momentum direction.
Squeeze = Squeeze is on and squeeze line dots are red.
Dots = number of day or bars the squeeze has been in red(on)
Squeeze Fired = Green or Orange arrow shows squeeze fired direction.
Stacked = Fibonacci 8, 21, 34, 55, 89 EMA are stacked up or down
SQUEEZE LINE COLOR DEFINITIONS:
Dark Red = Extra Squeeze (In & Out)
Red = Original Squeeze (In & Out)
Pink = Pre-Squeeze (In)
Yellow = Pre-Squeeze (Out)
Green = Bollinger Bands are officially outside of Keltner Channels
STRATEGY
There are multiple ways the Momentum Dream Indicator can be used.
1. Buy/Sell during the squeeze (generally lower volatility and lower option premiums)
2. Buy/Sell when the squeeze fires to catch the breakout (volume/volatility often increase)
3. Use Buy/Sell Zones with other signals for entering positions
4. Use Momentum to assist with position direction
5. Use fading momentum to tighten stops or close positions.
* The labels only show when certain criteria are met. For example if a squeeze fired the label only shows on that day but the indicator arrow will always show. For this reason the labels on the chart above will vary from day to day and only alert you when needed. :)
RISK MANAGEMENT INDICATOR
Risk management is a vital part of investing and this indicator provides 2 recommended positions sizes. One based on the classic 1-2% risk rule where you never risk more than X% of your account. A second based on position size not exceeding X% of your account.
The Risk Management Indicator does all of the hard math and provides you with a realistic trading plan, position size, and trail stop based on your customizable criteria. If you’ve ever wondered how much of a stock to buy, when to sell and when to take profits this indicator is for you!
Please Use the link below for more information or to purchase.
CPR by PIVOT EDGEIntroduction to the Indicator "CPR by PIVOT EDGE - with AUTO BUY SELL Triggers"
The Foundation layout for this indicator is based on PIVOT's strategy which are nothing but the most important levels that the price has respected in the past. The values for the pivots are derived from the key attributes of the price in any timeframe such as the previous OPEN, HIGH, LOW and CLOSE. These define the mood of the price and where it intends to move in relation to the previous range formed. Earlier HIGH - LOW i.e the RANGE indicates the possible movement that a stock can make in the current session and as per the calculated pivots we can possible find out the tentative supports and resistances. In addition to this indicator, It is advisable to use the price action theory which helps in taking a right decision for entries.
This indicator by itself is complete in nature, i.e it guides the user for possible entry levels and the projected targets that we can achieve and also the likely stop loss limit in case the price reverses. So beforehand even before entering into a trade position, the user can ascertain what can be his loss or max profit and then he can chose an optimum position size for favorable results. This Indicator also comes with labels for all PIVOTS like CPR , TC , BC , S1,R1, PDH , PDL etc.. which makes it easier to understand levels and trade
The beauty of this Indicator lies in the fact that it can be used for all types of trading styles like Scalping, Intra day, Swing or Positional and Investments also. It works on all timeframes and across all market segments like EQUITY, COMMODITIES , FUTURES , FOREX etc. This indicator can be used for any exchange and any time zone also without any changes or adjustments needed.
Now let us understand the features of this Indicator in detail.
TIMEFRAME - It has options to choose between Day, week and month as timeframe. By default it is set to Day timeframe - Though this Indicator works on all timeframes, it is advisable to work on ,15,30 mins Intraday and 1H,2H, 4H for Swing and D,W candles for Positional trades.
DISPLAY CPR BAND - This displays the CPR range that consists of Pivot , TC and BC . This Band or Range is the core of this indicator and this gives a detailed information about the tentative range and momentum of the market for the present period
as well a prediction for next session and also can tell you the history of its prior period. This level acts as both support and resistance based on the direction of the trend. The unique feature built in this indicator is that
the CPR Band changes its color based on whether it is ascending or descending CPR or in other works if it is higher value relation or lower value relation compared to previous session. Green for Higher and red for lower relation.
DISPLAY SUPPORT RESISTANCE - This indicates the important support and resistance levels for the day which is derived from the price details of prior period that is based on HIGH / LOW / CLOSE of prior period.
DISPLAY PREVIOUS HIGH / LOW / CLOSE - I have included Daily / Weekly. It is important to know the earlier highs / lows and close since price respects it very much just like support and resistance .
DISPLAY TOMORROW CPR - This displays the CPR band and support / resistance for tomorrow. It give an advance information of tomorrows trend and momentum today itself if you study the CPR concepts you can be prepared for tomorrows' market and can very well know in advance if it will be a sideways market or a trending day.
PMA - Pivot Moving averages are an important combination of 3 Fibonacci series based moving averages. Here I have used 9,14 & 23 as the series which I found gave best results after long period of back testing and finetuning. It clearly gives you the mid term trend of the price and if you just follow the color of the band then you wont go wrong. Always try to take entries whenever price finds support or resistance close to the curve and avoid taking entries whenever price is too far from these curves.
These curves and the area are also color coded to depict buying and selling zones.
MAJOR TREND - This displays the prevailing major trend in the market and I have used as 200 period moving average by default which you can change to suit your needs. You can check the major trend of the market by using higher timeframes above 1Hr.
MARKET BIAS INDICATOR - One more unique feature of this Indicator is the background color which denotes on which medium trend currently the market is i.e whether Buying is favorable or selling is favorable. Light blue if for Buying zone and Light yellow is for selling zone.
BUY SELL triggers - This is going to be the most unique and advanced feature of this indicator. I have carefully studied and created a special trigger system which will alert the user whenever a BUY or SELL opportunity is presented in the stock. This is the result from a lot of study of the pivot strategies, CPR techniques, Price action theory, Candle stick patterns , market structure and my trading experience all put together. You can set the automatic alerts to any number of stocks to whichever timeframe you prefer either for Intraday or even swing & positional trading. ( Depends on the type of Trading view account you hold). Please note that this Indicator trigger's works even for the free trading view account and you do not need paid version.
Color classification - Buy triggers bars will be colored in Parrot green or Lime green color, Sell triggers bars will be colored in pink color. Regular Bullish and bearish candles will remain as Green and red.
ALERTS - I have coded automatic alert system in trading view and named them as ENTRY SIGNALS. You can add alerts to any of the stocks at whichever timeframe you prefer so that whenever there is a BUY or a SELL condition met, you will get notification or Desktop / Mobile app / Email etc.
IMPORTANT NOTE : This indicator does not guarantee any favorable results nor protect your from any loss. You own the complete risk of your trades. It is suggested that you use this indicator and do back testing for considerable period to understand how it works the the potential win rate it can give.
Delta Ladder Candles SpacemanDelta Ladder Candles Spaceman
This is a tool thats very useful for traders primarily a goal to provide all types of traders some confluence to price action trading.
Using calculation of time and volume, the candles are created for the higher timeframe adjusted for buying and selling delta volume.
This tool is useful for determining an increase in buy or sell pressure as well as possibly to show trapped buyers and sellers when near points of extremes such as swing highs and lows.
Auto tick size takes into account exisiting volatility and finding an average to generate a size that is likely applicable to the timeframe selected whilst also allowing
the indicator to generate data accurately on all potential charts.
To generate the data it creates a candle profile essentially with an empty body to allow for a look into the general formation of a candle.
The logic is to provide a simpler version of volume metrics for tv charts without compramising.
TO DO:
Consider a non delta variant setting.
Look back period increase potential, perhaps allow for set periods to create candles on ignoring all other data points.
Potetial intrabar state component to give a more accurate buy/sell delta
Volume Play This is going to be my first published indicator on Trading View. Thanks for TradingView for providing us this great platform And thanks for all of those who helps me to built this indicator and share there ideas.I cannot mention everyone name here believe me that list going to be huge.Everyone’s idea and help is much appreciated.This is how our TradingView community is growing day by day with kindness and knowledge. Every time I take so much from community in form knowledge that every time somewhere I feel that I also need to do something for community and finally day arrived .A gift from my side to community.A gift of indicator-VOLUME PLAY
This volume based indicator has High Relative Volume bar Background, Low Relative Volume bar background ,Volume Labels of Buying volume, Selling volume and Total volume count with percentage, Highest Volume in Percentage and Highest 5x volume count and 10x volume count of bar.Plus I have did column scaling to take Down pan input so you can switch pane or add in existing pane without any major problem And all this works on any time frame. Isn’t it good idea?
This indicator displays the volume of each session in a similar manner of the default volume indicator.However it add on the last bar Green and Red bar colours. Green means buying is more than selling and Red means selling is more than buying.On top of Some bar If number appears That means that’s volume is highest multiple volume of 5 and if number appears with label means highest multiple volume of 10.So simple without label volume counts means 5x and with label means 10x.
Now some of bars has background colour of Mint green , Pastel red and White.That’s highlight high relative volume bars with a highly buying activity range in Green and high relative volume bars with a highly selling activity range in Red And white background is low relative volume for that timeframe bar.
I am kind of person who don’t keep show indicator value enable all time.So it’s come in mind why not plot this values without enabling it.So I decided to show this values of buying, selling and total volumes on top near middle pane.Interesting thing is that I made a label with the help of pine script Table feature.Thanks a lot to Pine Team to add this new great feature! It’s great alternative for labels feature.Because of this feature I am able to locate buying, selling and total volume at right place where in most of scenario it will adjust.
Please note that all values are estimate.It’s not accurate.I show volumes in K,M form.Plus with volume I also try to show Buying And Selling volume in percentage form to get rough idea about what’s going on in instrument.Idea is to get better view of volume by splitting it into Buying , Selling and Total volume.This allows you to see are the bulls or bears in-control in relation to the overall Volume.
By default this indicator overlay is false but you can move this indicator pane to existing upper or lower pane.It will help to save space as well.If combine with two indicator at same pane then it will create two value scale at right side.So you will not loose any indicators values.By default I used 50% of vertical space in indicator scale factor.
I tried to make this indicator as accurate as inbuilt volume indicator with added extra feature.The main aim of indicator to get Idea of volume role in that symbol with that specific timeframe.Result might not be accurate but I expect somewhat nearby to accurate.
Kept source code open purposely for learners of pine script. Please avoid misuse or selling of this indicator.Remember Sharing Is Caring. If someone has suggestions or any addition then please comment below.Wishing you all abundance of health, wealth, and prosperity.
After all its all about VOLUME PLAY.
Disclaimer:-This indicator is not meant for buy or sell signals.This post and the script don’t provide any financial advice. This indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
{Gunzo} Bulls Power vs. Bears PowerBulls Power vs. Bears Power is a unique tool that displays on each candle the balance between the bears (sellers) and the bulls (buyers).
OVERWIEW :
This indicator is mainly based on the popular indicator “Elder ray” made by Dr. Alexander Elder in 1989. This indicator has been developed in order to determine the strength of the competing groups of buyers and sellers in the markets.
CALCULATION :
To measure the competing power of bulls and bears, the indicator compares the current high (maximum power of the bulls) and current low (maximum power of the bears) to the average price using a exponential moving average.
Bull Power = Current High – EMA 13 (closing)
Bear Power = Current Low – EMA 13 (closing)
This Elder ray indicator can also tell us more information about market conditions :
If the current high and current low are above the EMA 13, the bulls are totally in control on the market
If the current high and current low are under the EMA 13, the bears are totally in control of the market
If the EMA 13 is in between of the current high and current low, there is strong fight about controlling the market, there is possible reversal in this configuration
SETTINGS :
Fast MA Period : Fast moving average period (only used for buy sell signal)
Slow MA Period : Slow moving average period (only used for buy sell signal)
Display candle labels : Show/hide candle labels on the chart
Display only bear labels above X : Exclude all top candle labels on the chart below the value specified.
Display only bull labels above X : Exclude all bottom candle labels on the chart below the value specified.
Display opposite values : Show all candle labels on top (bearish) and bottom (bullish) or only show the candle labels for the winning force on the candle.
Display box for last candle : Show/hide the dominance boxes (red and blue) after last candle showing the last bear and bull power.
Display box after X candles : How many candles in the future the dominance boxes should be displayed.
Display slow / fast crossover (o) : Display crossover signals (circles) between fast line and slow line.
Display bear / bull fighting (x) : Display fighting signals (crosses) between bull and bears.
VISUALIZATIONS :
This indicator has 3 possible complementary visualizations:
Candle labels : The labels on top are the percentage of the bears on the candle, while the labels on the bottom are the percentage of the bulls on the candle. When the bulls are winning the labels are blue, when the bears are winning the labels are red, silver otherwise.
Box after last candle : The blue and red boxes after the last candle are the percentage of bears and bulls on the last candle of the chart. That boxes can be disabled in the settings if you feel it is redundant with the labels.
Signals : The signals are displayed at the bottom of the main area of trading. The orange “x” represents an area where bulls and bears are fighting hard. The blue “o” represents a buy signal (fast line crosses over the slow line) and the red “o” represents a sell sinal (fast line crosses under the slow line).
USAGE :
The most important rule in the usage of this indicator is :
“The higher the current bull power is (or bear power), the higher the chances are the next candle will also be bullish (or bearish).”
When the prices is increasing, it is very interesting to follow the bull power to verify that it is either stable or increasing. If the bull power keeps decreasing candle after candle, there is chances that in the next candles there will be a reversal.
When there is orange crosses in the signal area (bottom of the screen), it means that there is a big fight between bulls and bears and that the current price of the asset is probably stable. During these fighting areas, reversals are more likely to happen.
When there is a blue circle in the signal area (or red signal), it can be considered as a buy signal (or sell signal). These signals are determined by the crossover of the fast and slow lines of the total power of the bulls plus the bears.
LIMITATIONS :
As Pine script only allows to display about 50 drawings on the chart, the labels on the candles can not be printed on all the historical candles. The option “Display opposites” could be useful to hide unnecessary labels and then be able to display more older labels.
As the Elder ray indicator uses an average price (EMA 13 of closing price), the indicator may be lagging in some situations, but most of the time it will help to filter the bad signals contrary to the indicators that are too reactive.
Agisko Crypto Scalper v4.2 (BUY/SELL)Indicator that generates BUY and SELL shapes with alerts.
OSC scale can be configured to visualize the oscillator better. Nothing required, just for visualization.
DMI mark is by default 10 which is fine for most situations.
DMI range is the buffer zone where BUY orders will be created. E.g.: DMI mark 10 and DMI range 1 will create a zone for BUY when DMI+ is between 9 and 11 (10-1 and 10+1).
This works perfect on the 5 minute chart and is suggested to use the SELL alert for exits or use a take profit (TP) of 1% with optional trailing if you use bots like 3 commas.
Stoploss is the same. Use the SELL alert or set a manual stoploss of 2-5%.
Recent Trades - Real-Time Volume AnalysisRecent Trades - Real-Time Volume Analysis 📈
Another orderflow tool to add to the arsenal.
It works with trading pairs with volume data (i.e. it doesn't work for price indexes).
It is independent of the chart timeframe.
The interval can be set to a value between 1 to 1440 minutes (check settings).
It is possible to choose a different symbol than the one on the current chart (check settings).
This makes it easy to analyze multiple pairs at once .
Volume Chart
The Volume Chart shows the last 100 trades.
The chart scale can be either standard or zero-centred, and it can be compact or take the whole main chart area.
Trades Counter
The Trades Counter shows the Ratio of Buys and Sells for the chosen interval.
The % Percentage value for Buys & Sells, the trades Size and their number are also shown.
Trades Feed
The Trades Feed can show up to 50 recent trades (check settings).
The Trades can be filtered by min & max limits.
Set min & max values and type of trade to filter the Large Trades. They can be highlighted in the feed.
The Trades Feed colours may not work on some OSystems (e.g. Mac). It can be fixed in settings.
▪ Available trade info:
- elapsed Time since the trade was recorded
- Price at which the trade was executed
- Size of the trade
▪ Various Metrics are available at the bottom:
- Chosen Interval
- Chosen Symbol (Exchange & Pair)
- CVD direction
- Volume Delta amount
- Buys & Sells Ratio
- Total Trades and their Speed
- Total Volume and its Speed
- Number of Significant Trades, their % Percentage and their Speed
- Total Significant Volume, its % Percentage and its Speed
▪ The Numbers are formatted for better reading.
▪ Alerts:
- CVD direction change (⚠️this can trigger too often)
- Ratio level +/-
- Buy Volume - % Percent
- Sell Volume - % Percent
- New Trade (⚠️this can trigger too often if the volume is not filtered)
- Trades - Speed Limit
- Volume - Speed Limit
- New Large Trade
- Large Trades - Speed Limit
- Large Volume - Speed Limit
- Large Trades - % Percent
- Large Volume - % Percent
▪ ⚠️Some metrics can have abnormal values at the start of the interval.
To avoid triggering alerts in such conditions, set the number of seconds to wait before checking whether they should fire.
▪ Note:
- Initially, the Recent Trades panel is positioned to the far right of the chart, so it may be hidden in the future. Drag the chart to the left to reveal it.
- The panel Position can be adjusted in settings.
▪ Related Studies:
- Volume Delta
- CumulativeVolumeDelta-CVD
- Counters Ratio
- Heatmap-Support-Resistance-Volume-Clusters
▪ Some layout examples:
Phát Support and resistant This indicator provides basicSupport and Resistance Levels to the user whilst displaying Break signal tags. It also has the ability to let the user display more significant breaks
Only more significant breaks of these basic levels are displayed to the user when optimized which avoids noise and messy signals.
It will also display breaks with candles it deems to be bullish (e.g. having a longer upper or lower wick).
Notation
The notation of "Buy/Sell" denotes a break of either a Support or Resistance level with a volume greater than the threshold.
The notation of "Buy breakout/sellbrekout" denotes a bullish or bearish candle on the break.
Usage & Details:
Knowing when S/R level is broken with significance can be of great help to a trader. Many times significant levels may not be broken with significant force and the move is therefore weaker and possibly not worth trading.
Buy_Sell_Pressure_v0.62This is a script that I've been using for some time, which covers Volume for me.
It shows the total volumes in typical Column format, however this script attempts to suss out the details of WHERE that volume went (buying or selling), how EFFECTIVE that volume was at moving the price, and finally a COMPARISON of Buy vs. Sell volume MA's showing us the average buying and selling pressure over time, to assist us with determining the timing of a reversal.
The oscillator portion shows us the Volume Columns and the MA's with shadow or offset MA's to detect reversals and crossovers of self, and on the bar/candle chart the bars are colored according to which volume is more dominant at that time.
Alert conditions are available for the following events:
- Buying Crosses over Selling (Bar Color Change)
- Selling Crosses over Buying (Bar Color Change)
- Sell Pressure Cross Up / Down (Single MA Direction Change)
- Buy Pressure Cross Up/ Down (Single MA Direction Change)
Precise_SignalThis signal combines a portion of Chris Moody's 2014 SlingShot and my 2017 MTF Indicators. Both of our prior scripts over indicated Buy and Sell Points. This signal indicates a buy or sell point much less than our prior scripts did but with absolute precision.
I would say it is 100% accurate, but that is because I am yet to find a timeframe and symbol where the Buy signal failed to see the equity move up or the Sell signal failed to see the equity move down over the next 5 bars. I have tested 2000 charts so far. To be safe, I would rather state this indicator is accurate nearly 100% of the time.
The indicator is made up of 2 main portions and both of them have to agree on a buy or sell in order to indicate such with a vertical green or maroon bar beneath the chart. If there is a failure to agree, nothing is signaled.
Indicator 1 combines a stochastic of a 3 hour chart and a daily chart to determine when the stochastics are in agreement on direction. When there is agreement, both of them MUST cross from a buy state to a sell state and vice versa at exactly the same time. This is difficult to achieve and it is already rare for this occurrence to produce a signal. When a signal is produce it is combine with Chris Moody's 2014 SlingShot Indicator which conservatively determines Buy and Sell signals based on EMAs and market direction. Signals from his SlingShot are infrequent.
BUY Signal
When my MTF signals Buy at the same time that the SlingShot signals a Buy, a vertical green bar will appear in the window containing this script. The vertical bar is based on the close price of the equity and is only final when the close price is final. A BUY signal means the equity will move up potentially as early as the next bar and achieve a higher value from the close price on the signal bar.
SELL Signal
Likewise, a sell signal from the MTF at the same time as a sell signal from the SlingShot will create a maroon bar in the window containing this script. The vertical bar is based on the close price of the equity and is only final when the close price is final. A SELL signal means the equity will move down potentially as early as the next bar and achieve a lower value from the close price on the signal bar.
The default values for this script are hard-coded into this script. You can edit any of the value you would like to play with other timeframes, stochastic, and moving average lengths.
I have played with these values and have hard-coded the ones that are most accurate. Please let me know if you find others that work.
Hopefully this becomes an extra tool in your technical trading toolkit.
Trend Chaser Pro Trend Chaser Pro( TCP ) is a powerful indicator that is made using several years of experience in trading and coding with a lot of backtesting. it can be used as a Stand-Alone indicator as well as in combination with other indicators to provide more confluence when trading. The main purpose of TCP is to help market participants by providing buy and sell signals as well as indication of Tops and Bottoms in any trading market.
- There are 3 main components to TCP :
1.Top/Bottom Indicators:
Tops are indicated with "❖". There are two colours that are used. light red for Tops and dark red for Max Tops
Bottoms are indicated with "✦". There are also two colours that are used to demonstrate Bottom conditions. light green indicates Bottoms and dark green indicates Max Bottoms
2. Buy/Sell indicator:
Buy signals are indicated with a green "●" and Sell signals are indicated with a red "●" using price volatilities with
calculation of price movement in trending and ranging environments .
3.Bars colour
for a clearer visualisation of Buy/Sell indicator signals , colour of bars change from light blue to orange and vice versa.
light blue bar colour is an indication of uptrend and provides buy signal
orange bar colour is an indication of downtrend and provides sell signal
p.s. Period can be changed to have more aggressive (if decreasing the number) or more conservative( if increasing the number) signals.
(*please always remember that past performance of this indicator is not an indication of its future performance and you always need to do your own research before taking action in financial markets*)
(** PM to request access**)
Zeta ScalperWhat is Scalping?
Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock.
Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day.
The idea behind such type of trading is that small moves in an index or stock price are much easier to capture than the larger moves.
Traders who use such strategies are known as scalpers. When you take many small profits a number of times, say 10 points scalped 20 times per day, they can easily add up to large gains.
An Option Buyer's Biggest Enemy is Time Decay and when you scalp, you do not allow the time decay to eat your Option Premium as your Entry and Exit is often quick enough.
What is Zeta Scalper?
Zeta Scalper indicator is a momentum based indicator which tries to detect momentum based upon a number of Candle Stick Patterns.
When it thinks a move has the potential to turn into a big move, it generated its Buy/Sell Signals.
It is a well known fact that actual drivers of the market are Big Institutions, Mutual Funds & Big Guys with deep pockets.
They have large amounts of money to invest and they buy & sell in bulk.
When they buy, often their objective is to buy at lower levels (below average price of the day) & when they sell they sell at higher levels (above average price of the day).
Zeta Scalper seeks to detect this activity. When aggressive buying or selling starts where Buying & Selling Forces become unequal, the Price starts moving in one direction with candles making Higher Highs or Lower Lows.
Zeta Scalper detects these Higher Highs or Lower Lows and generates Buy or Sell signals when this happens.
In order to use this indicator, simply deploy this on your chart, and wait for Buy/Sell signals.
It works on all time frames including 1 min. 3min. 5min. & 10min. etc.
When a Buy Signal is followed by Sell signal (let it be after 3 - 4 candles or after many candles) or vice-versa, you have to switch your position to make most of the reverse move.
It is a general purpose indicator and may be used on stocks, commodities and currencies alike and is not meant for any specific market.
How to Take Buy/Sell Entry with Zeta Scalper?
Whenever you see a Buy Signal, mark its closing price with a horizontal line and as soon as a candle breaks this candle's High, it is time for you to take Entry.
Your STOP LOSS could be just 0.5% below your Entry Price, hence, no big loss even if things go wrong.
Keep moving your STOP LOSS up as the price moves in your favour and when market turns around and you see a SELL signal, it is time to book your BUY position profit and take Entry on SELL Side now and so on.
How to get this indicator?
This is invite-only indicator. Get in touch with us using information given below in Signature field to try this tool FREE.
Cryptowale - LynxWhat is Lynx?
Lynx is trend following centered oscillator, which accurately tells when to buy and when to sell, where to book partial profits, and when to rebuy for continuation trades.
Signals
BUY: this indicates to buy
SELL: this indicates to sell
CL: this indicates Continuation trade for BUY, in simple words BUY
CS: this indicates Continuation trade for Sell, in simple words SELL
TP: this indicates to take profit
Strategy
Use this indicator on higher timeframes only(above 4 hour charts)
Always wait for confirmation of signal. Signal confirms on candle close. You can filter signals with baseline in Lynx settings.
Buy and Sell CONFIRMATION ENTRY"Buy and Sell CONFIRMATION ENTRY" Product Description:
The indicator identifies market trends with visual buy/sell alerts on the chart.
Useful on higher timeframes available on Tradingview (ex: 4 hours, 1 Day).
The "Buy and Sell Confirmation" Indicator combines Moving Average Convergence Divergence and Relative Strength Index, which triggers technical signals when it crosses above (to buy) or below (to sell) its signal line. The crossovers transformed in buy and sell indicators is also taken as a signal of a market is overbought or oversold. The swing lines help you draw Elliott Waves to understand better where the market is heading.
The indicator can be used for every type of market: indices, stocks, cryptocurrencies, currencies and others.
This study is not a guarantee profit. You should backtest or trade virtual money before using this study on your real portfolio, as it is intended to be a tool and not a fortune teller.
Disclaimer: Trading and investing in the stock market and cryptocurrencies involves substantial risk of loss and is not suitable for every investor. The content covered in this videos is NOT to be considered as investment advice. I’m NOT a financial adviser. All trading strategies are used at your own risk.
Please send me a private message on TradingView to gain access to the script.
Volume strength with Accumulation Distribution in Cycle of understanding psychology behind candle formation, i posted my script which is intended to determine the buying and selling pressure with candle wicks.
Idea behind wicks was although buyer and seller tried to make price high and low but it did not sustain indicating weakness in strength.
in this script i have tried to see the volume along with candle formation and structure. i tried to measure and derive volume information with body length of candle. Also plotted Williams Accumulation distribution to understand real trend ( Demand( Accumulation ) vs Supply ( Distribution ) )
Once can see difference in Usual volume indicator and information derived from this custom indicator with combination of WAD.
