No-lose trading targets (based on RSI) By Mustafa ÖZVERThis code shows expected reaction target prices after sudden moving based on RSI. Red area means the price is on overbought area, green area means the price is on oversold area. If you see red area under price, you can make short option to next to the horizontal beginning price of red area. If you see green area over price, you can make long option to next to the horizontal beginning price of green area.
When this code works
- The green area starts where rsi value is on oversold
- The red area starts where rsi value is on overbought
Of course, this code may be failed, do not forget the target may never come. But hopefully price will cross over the target.
And you (as developers) can develop this code by using anything instead of rsi to get up-down target prices.
But only this values can not guarantee good results for trading. BE CAREFUL
在腳本中搜尋"Buy sell"
Best Bulls Bears Volume trend Breakout V2 [badshah_e_alam]This is a intraday indicator. Only to be used on timeframe less than daily charts.
This indicator purely uses volume to plot the graph. The indicator helps in conforming a breakout strategy.
This indicator is advanced version of my previously developed indicator you can check this link
Total volume is made up of buying volume and selling volume . Buying volume is the number of shares, contracts, or lots that were associated with green bars, and selling volume is the number that were associated with red bars.
The labels on the right side are the current bar value and that days bulls /bears weightage.
the first value shows the current bar volume.
second value show the bulls weight in %
third value show the bears weightage throughout the day ( %)
The Blue plot in graph keeps the track of bulls movement in intraday( %)
The Red plot in graph keeps the track of bears movement in intraday ( %)
X axis is time.
Y axis ranges from 100 to -100
I use 1:2 risk to reward ratio. Do your own research.
**not a financial advice**
Example of price increasing, volume decreasing
this indicator can be used for confirming a breakout strategy with bulls or bears in action. In the current example, the buyer’s volume percentage is reducing and the price is increasing throughout the day. Hence a breakout of the trendline is confirmation of a short trade.
Example of Price reducing, volume decreasing
example of price moving down , bears losing the grip
Example of price decreasing volume increasing
Thanks to nizar9599 for giving idea to improve my previous indicator.
DISCLAIMER
Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the user based on information received or a market analysis is expressly excluded by me.
All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
Do your own research, This is not a financial advice.
Bubbles DectorIn this version of my indicator, you can see the trend in the bars themselves, this is an extremely accurate view of how the market is performing on a lower scale timeframe.
The indicator calculates the buy and sell signals using HLC3, Simple Moving Average ( SMA ), and the Exponential Moving Average ( EMA ) as soon as they cross. This indicator is useful with time intervals starting at 3m .
I have already tested many other timeframes, the 3m gives the most logical point of view when trying to enter the market. I've also been able to see how the buy/sells signals perform, which they perform well if you're using ZONES. This is to note they help once you're able to see where the wick rejects.
HA Chart with two EMA Trends and Signal Alert by GodtrixHi guys, how ya doing!
Benefits:
1) This tool is to add convenience of viewing HA chart at the same time with your main candle chart at different timeframe (resolution), so you save energy from switching between the candles and timeframe.
2) It comes with two seperate EMA:
a) 1day EMA trend lines set at length 10 & 20, this is the best setting ever for seeing long term trend.
-> Bull Trend - Blue line (10) above Red line (20) AND the same time price candle is above the Red line
-> Bear Trend - Red line (20) above Blue line (10) AND the same time price candle is below the Blue line
b) 2nd EMA trend lines for your own preference and conveniences. I use it at 2 hour timeframe, to help me decide for Entry/Exit orders, works great for me.
3) Provided with Singal Alert for Buy Sell Entry & Exit (This is not strategy, please study history and do your own calculation before following the Alert Signals)
There is two choices:
-> Normal Crossover - it simply alert you going from Red to Green or Green to Red candle
-> Strong Crossover with short Tail - This is a better version that checks on the candle size, tail size and body (open-close) size
If you want a complete Strategy, please go over to my script section, I've also published Strategy tool.
COINBASE:BTCUSD COINBASE:ETHUSD
{Indyan}SupertrendHello trader friends,
A very simple but effective supertrend startegy which help u to get good RR. It is combination of 3 supertrend values with sma crossover. Enrty at pullback after sma crossover , exit only if sell signal low is broken.
I hope it will help my trader friends.
Love Indyan
ADL Balance of PowerThis script brings together Price (blue), Volume (red) in form of adjusted ADL (including gaps) and every ADL candle is split into Buying Volume ADL (green line) and Selling Volume ADL (magenta).
Fundamentally there are a few cases here:
- ADL action normally precedes price action when it corresponds with buying/selling power positions (higher or lower)
- when money flows out and Selling Volume ADL higher than buying volume ADL then price will be trying to catch down until they meet (price and ADL) or until Selling ADL reverses downwards (e.g. selling power is receding)
- when money flows out and Buying Volume higher than Selling ADL it means price is being pushed up on lower volume
- when money flows in and Buying Volume ADL higher than selling volume ADL then price will be trying to catch up until they meet (price and ADL) or until Buying ADL reverses downwards (e.g. buying power is receding)
- when money flows in and Selling Volume higher than Buying ADL it means price is being pushed down on lower volume
LordPepe Stochastic SignalsThis is the Lord Pepe. Howdy. Basic buy/sell indicator to accumulate along a downtrend and release your stack during the uptrend and oversold levels of the stochastic. The buys should be used to stack, and sells indicate levels of profit taking, they do not signal a long term reversal, only < 25% of stack should be released on "OB" signals.
OB - overbought (sell)
OS - oversold (buy)
[FTA] Double Responsive Price FilterThis is a very special indicator which uses a series of double filtering methods to filter out bad price data.
Each filter uses a very complex mathematical formula to obtain the data, based on the Wave Function, then applies initial signal filtering on the output.
The output of each filter is then compared to each other, and the output of this stage goes through another signal filtering process which is used in aviation industry (NASA) to track objects and keep them under radar!
The final output is then squeezed through a truncated bandpass filter and plotted as two colors.
This is to ensure a very quick and responsive entry and exit signal without any lagging, and also to ensure that the trader stays in the trade as long as profitable!
Buy when color is aqua.
Sell when color is fuchsia.
SmoothOps v1 - StudyThe purpose of this script was to fine tune an indicator on BTCUSDT . I think the results speak for themselves in the study version.
This is a script that uses the MACD to predict future price movement. The original MACD signal lags too much for my taste so I went searching for something that could give signals sooner. I decided a smooth macd would help filter out noise and grabbing the highest values and lowest values over the past number of bars. I spent several days backtesting different settings and combinations of signals to arrive at what you see now. This strategy has been fine tuned for BTC /USDT on Binance, so I suggest you only use it for that. Any other coin/pair and exchange will need a new backtest since the data will be different. This is not a generalized indicator like everything else. It's specifically good at one thing: prediction BTCUSDT on Binance.
I wanted to also add the histogram from the study version but there wasn't a good way to do that, so I came up with a visual solution using color transitions on the 168sma. When the color changes from blue to red it means the histogram is reversing.
I added forecasting to the moving averages to help people predict future movement so they can make decisions by something other than just a sign of when to buy/sell.
There is a transition prediction feature that blurs the macd signal to show when a reversal may occur before it happens.
I also added precitions into the indicator that show when there may be a possible bounce or major move because of a current squeeze in the moving averages.
And finally...
My biggest issue with indicators that other people sell is that they become visually deceptive when using supports and buy/sell signs. I came up with a solution that shows you exactly if you made profits during the trade or not. Hopefully this will inspire others to do something similar.
How to use:
Use only on BTCUSDT Binance.
Set the preset to the timeframe you want. I HIGHLY suggest only using the 1h timeframe. It gives the best profit over time.
Set the preset to custom if you want to try using your own settings.
You can change the source input if you want. ohlc4 usually works best for 1h.
Adjust the moving averages to your liking. You can also toggle the checkbox to completely remove them.
Turn on/off the forecasting of the moving averages.
Turn on/off the additional signals with the checkbox.
Transition prediction uses a blur variable to signal when the macd might be slowing down and reversing.
Bounce prediction and sensitivity tries to find possible reversal areas when price falls too fast or hits a specific moving average.
Macro signals just tries to show when price is above the 168moving average to get the macro trend.
Squeeze prediction indicates when a possible strong move may occur. Could go up or down though.
Show profit is my favorite part because it shows if you made profit during the last trade visually and non deceptively.
Relative Volume at Time█ OVERVIEW
This indicator calculates relative volume, which is the ratio of present volume over an average of past volume.
It offers two calculation modes, both using a time reference as an anchor.
█ CONCEPTS
Calculation modes
The simplest way to calculate relative volume is by using the ratio of a bar's volume over a simple moving average of the last n volume values.
This indicator uses one of two, more subtle ways to calculate both values of the relative volume ratio: current volume:past volume .
The two calculations modes are:
1 — Cumulate from Beginning of TF to Current Bar where:
current volume = the cumulative volume since the beginning of the timeframe unit, and
past volume = the mean of volume during that same relative period of time in the past n timeframe units.
2 — Point-to-Point Bars at Same Offset from Beginning of TF where:
current volume = the volume on a single chart bar, and
past volume = the mean of volume values from that same relative bar in time from the past n timeframe units.
Timeframe units
Timeframe units can be defined in three different ways:
1 — Using Auto-steps, where the timeframe unit automatically adjusts to the timeframe used on the chart:
— A 1 min timeframe unit will be used on 1sec charts,
— 1H will be used for charts at 1min and less,
— 1D will be used for other intraday chart timeframes,
— 1W will be used for 1D charts,
— 1M will be used for charts at less than 1M,
— 1Y will be used for charts at greater or equal than 1M.
2 — As a fixed timeframe that you define.
3 — By time of day (for intraday chart timeframes only), which you also define. If you use non-intraday chart timeframes in this mode, the indicator will switch to Auto-steps.
Relative Relativity
A relative volume value of 1.0 indicates that current volume is equal to the mean of past volume , but how can we determine what constitutes a high relative volume value?
The traditional way is to settle for an arbitrary threshold, with 2.0 often used to indicate that relative volume is worthy of attention.
We wanted to provide traders with a contextual method of calculating threshold values, so in addition to the conventional fixed threshold value,
this indicator includes two methods of calculating a threshold channel on past relative volume values:
1 — Using the standard deviation of relative volume over a fixed lookback.
2 — Using the highs/lows of relative volume over a variable lookback.
Channels calculated on relative volume provide meta-relativity, if you will, as they are relative values of relative volume.
█ FEATURES
Controls in the "Display" section of inputs determine what is visible in the indicator's pane. The next "Settings" section is where you configure the parameters used in the calculations. The "Column Coloring Conditions" section controls the color of the columns, which you will see in three of the five display modes available. Whether columns are plotted or not, the coloring conditions also determine when markers appear, if you have chosen to show the markers in the "Display" section. The presence of markers is what triggers the alerts configured on this indicator. Finally, the "Colors" section of inputs allows you to control the color of the indicator's visual components.
Display
Five display modes are available:
• Current Volume Columns : shows columns of current volume , with past volume displayed as an outlined column.
• Relative Volume Columns : shows relative volume as a column.
• Relative Volume Columns With Average : shows relative volume as a column, with the average of relative volume.
• Directional Relative Volume Average : shows a line calculated using the average of +/- values of relative volume.
The positive value of relative volume is used on up bars; its negative value on down bars.
• Relative Volume Average : shows the average of relative volume.
A Hull moving average is used to calculate the average used in the three last display modes.
You can also control the display of:
• The value or relative volume, when in the first three display modes. Only the last 500 values will be shown.
• Timeframe transitions, shown in the background.
• A reminder of the active timeframe unit, which appears to the right of the indicator's last bar.
• The threshold used, which can be a fixed value or a channel, as determined in the next "Settings" section of inputs.
• Up/Down markers, which appear on transitions of the color of the volume columns (determined by coloring conditions), which in turn control when alerts are triggered.
• Conditions of high volatility.
Settings
Use this section of inputs to change:
• Calculation mode : this is where you select one of this indicator's two calculation modes for current volume and past volume , as explained in the "Concepts" section.
• Past Volume Lookback in TF units : the quantity of timeframe units used in the calculation of past volume .
• Define Timeframes Units Using : the mode used to determine what one timeframe unit is. Note that when using a fixed timeframe, it must be higher than the chart's timeframe.
Also, note that time of day timeframe units only work on intraday chart timeframes.
• Threshold Mode : Five different modes can be selected:
— Fixed Value : You can define the value using the "Fixed Threshold" field below. The default value is 2.0.
— Standard Deviation Channel From Fixed Lookback : This is a channel calculated using the simple moving average of relative volume
(so not the Hull moving average used elsewhere in the indicator), plus/minus the standard deviation multiplied by a user-defined factor.
The lookback used is the value of the "Channel Lookback" field. Its default is 100.
— High/Low Channel From Beginning of TF : in this mode, the High/Low values reset at the beginning of each timeframe unit.
— High/Low Channel From Beginning of Past Volume Lookback : in this mode, the High/Low values start from the farthest point back where we are calculating past volume ,
which is determined by the combination of timeframe units and the "Past Volume Lookback in TF units" value.
— High/Low Channel From Fixed Lookback : In this mode the lookback is fixed. You can define the value using the "Channel Lookback" field. The default value is 100.
• Period of RelVol Moving Average : the period of the Hull moving average used in the "Directional Relative Volume Average" and the "Relative Volume Average".
• High Volatility is defined using fast and slow ATR periods, so this represents the volatility of price.
Volatility is considered to be high when the fast ATR value is greater than its slow value. Volatility can be used as a filter in the column coloring conditions.
Column Coloring Conditions
• Eight different conditions can be turned on or off to determine the color of the volume columns. All "ON" conditions must be met to determine a high/low state of relative volume,
or, in the case of directional relative volume, a bull/bear state.
• A volatility state can also be used to filter the conditions.
• When the coloring conditions and the filter do not allow for a high/low state to be determined, the neutral color is used.
• Transitions of the color of the volume columns determined by coloring conditions are used to plot the up/down markers, which in turn control when alerts are triggered.
Colors
• You can define your own colors for all of the oscillator's plots.
• The default colors will perform well on light or dark chart backgrounds.
Alerts
• An alert can be defined for the script. The alert will trigger whenever an up/down marker appears in the indicator's display.
The particular combination of coloring conditions and the display settings for up/down markers when you create the alert will determine which conditions trigger the alert.
After alerts are created, subsequent changes to the conditions controlling the display of markers will not affect existing alerts.
• By configuring the script's inputs in different ways before you create your alerts, you can create multiple, functionally distinct alerts from this script.
When creating multiple alerts, it is useful to include in the alert's message a reminder of the particular conditions you used for each alert.
• As is usually the case, alerts triggering "Once Per Bar Close" will prevent repainting.
Error messages
Error messages will appear at the end of the chart upon the following conditions:
• When the combination of the timeframe units used and the "Past Volume Lookback in TF units" value create a lookback that is greater than 5000 bars.
The lookback will then be recalculated to a value such that a runtime error does not occur.
• If the chart's timeframe is higher than the timeframe units. This error cannot occur when using Auto-steps to calculate timeframe units.
• If relative volume cannot be calculated, for example, when no volume data is available for the chart's symbol.
• When the threshold of relative volume is configured to be visible but the indicator's scale does not allow it to be visible (in "Current Volume Columns" display mode).
█ NOTES
For traders
The chart shown here uses the following display modes: "Current Volume Columns", "Relative Volume Columns With Average", "Directional Relative Volume Average" and "Relative Volume Average". The last one also shows the threshold channel in standard deviation mode, and the TF Unit reminder to the right, in red.
Volume, like price, is a value with a market-dependent scale. The only valid reference for volume being its past values, any improvement in the way past volume is calculated thus represents a potential opportunity to traders. Relative volume calculated as it is here can help traders extract useful information from markets in many circumstances, markets with cyclical volume such as Forex being one, obvious case. The relative nature of the values calculated by this indicator also make it a natural fit for cross-market and cross-sector analysis, or to identify behavioral changes in the different futures contracts of the same market. Relative volume can also be put to more exotic uses, such as in evaluating changes in the popularity of exchanges.
Relative volume alone has no directional bias. While higher relative volume values always indicate higher trading activity, that activity does not necessarily translate into significant price movement. In a tightly fought battle between buyers and sellers, you could theoretically have very large volume for many bars, with no change whatsoever in bid/ask prices. This of course, is unlikely to happen in reality, and so traders are justified in considering high relative volume values as indicating periods where more attention is required, because imbalances in the strength of buying/selling power during high-volume trading periods can amplify price variations, providing traders with the generally useful gift of volatility.
Be sure to give the "Directional Relative Volume Average" a try. Contrary to the always-positive ratio widely used in this indicator, the "Directional Relative Volume Average" produces a value able to determine a bullish/bearish bias for relative volume.
Note that realtime bars must be complete for the relative volume value to be confirmed. Values calculated on historical or elapsed realtime bars will not recalculate unless historical volume data changes.
Finally, as with all indicators using volume information, keep in mind that some exchanges/brokers supply different feeds for intraday and daily data, and the volume data on both feeds can sometimes vary quite a bit.
For coders
Our script was written using the PineCoders Coding Conventions for Pine .
The description was formatted using the techniques explained in the How We Write and Format Script Descriptions PineCoders publication.
Bits and pieces of code were lifted from the MTF Selection Framework and the MTF Oscillator Framework , also by PineCoders.
█ THANKS
Thanks to dgtrd for suggesting to add the channel using standard deviation.
Thanks to adolgov for helpful suggestions on calculations and visuals.
Look first. Then leap.
Multi Time Frame Trend, Volume and Momentum ProfileWHAT DOES THIS INDICATOR DO?
I created this indicator to address some of the significant inconveniences when analyzing a security, such as continually switching between different time frames to determine the trend and potential pullbacks, adding volume or volume-derived indicators, and finally, something that would help me determine the strength of the trend (maybe two additional indicators here). So I decided to code this all-in-one indicator that you can add multiple times to your chart depending on the settings you want to use, or just optimize the parameters for the particular asset and then switch between the options.
As the name suggests, it consists of three main sections - Trend , Volume , and Momentum . You have complete control over the parameters, including the Time Frames you want to use for each one (they can be different). So, let me explain each section in more detail.
HOW DOES THE INDICATOR WORK?
1. Trend Settings
In order to determine the trend, you need to set up two Moving Averages. You have a wide choice here - SMA, EMA, WMA, RMA, HMA, DEMA, TEMA, VWMA, and ALMA. Since the indicator does not plot the moving averages on the chart, I strongly suggest using this indicator along with the free "Trend Indicator for Directional Trading(main)" , which you can find in the Public Library. Once you set up the Trend Resolution, the Types of MAs, and their lengths, the indicator will generate a histogram of their convergences and divergences.
The change in colors should help you more easily determine the trend:
a) Bright Green - bull trend and price trending up (a good place to open long)
b) Dark Green - bull trend and price trending down (stay flat or open a long position with great caution)
c) Bright Red - bear trend and price trending down (a good place to open short)
d) Dark Red - bear trend and price trending up (stay flat or open a short position with great caution)
e) In addition, you can change the color palette to reflect the bull/bear trend momentum by scrolling to the bottom and selecting "Color Based on Bull/Bear Momentum", but I will discuss this in more detail below.
This part of the indicator is useful for opening a trade in the direction of the trend or for spotting a potential divergence. Both cases are illustrated below.
2. Volume Settings
The calculations for this part of the indicator are partially taken from "Multi Time Frame Effective Volume Profile" . I will quickly outline the specifics here, but if you want a more thorough understanding of how it works, please check the description of the MTF Effective Volume Profile indicator .
You have three elements with the following default settings - Resolution (5-min), Lookback (100), and Average (1). This means that the indicator will analyze the last one hundred 5-min bars and will plot a sum of only those that are at least 1 times bigger than the average. Those that are smaller than the average will be left out from the calculation. What you get is a trend line showing you accumulation/distribution based on modified volume parameters.
This part of the indicator is useful for spotting exhaustions and increased buying/selling volume that is opposite to the price trend. As you will see in the picture below, in frame 1 the selling pressure is decreasing, while buying volume is increasing. At one point supply dries out and the bulls take control, thus reverting the price. In frame 2, however, you can see that the higher high is not met with nearly as much buying volume as in the previous peak, showing that the bulls are exhausted and maybe a trend change will follow or at the very least that the bull trend will take a break.
3. Momentum Settings
The final part is an RSI smoothed through a Moving Average with the addition of some minor optimizations. Thus, the parameters you have to configure here aside from the resolution are the RSI length, the moving average that will be used, and its length. Out of the three, this is the most lagging component, but it's also the most accurate one. I must mention that due to the modified nature of this RSI, overbought and oversold levels carry less weight to the trading signals. Rather, pay attention to the change of colors, as they do so when the RSI changes direction based on preset parameters. The picture below shows such instances.
4. Additional Settings
This section consists of 4 elements:
a) Length of Trend - filters out the noise and gives a signal only when the trend becomes more established
b) ADX Threshold - filters out trading ranges and indecision zones when it's not recommended to open a trade
c) Select Analysis - choose what part of the indicator you want to see from a drop-down menu
d) Color Based on Bull/Bear Momentum - a global setting that will override the preset coloring of each indicator and will replace it with colors based on bull/bear strength and momentum - green for bulls, red for bears, and gray for non-trading zones.
The last part of this indicator is a combination of all of the above and is called a Points-Based System . It generates 3 rows of dots that go light green when bull criteria are met, orange when bear criteria are met, or gray when it's neither of the two. When you get a column of 3 green dots you get a buy signal. Similarly, a column of 3 orange dots gives you a sell signal. Grey zones are non-tradeable. It goes without saying that the frequency and quality of the signals you get will almost entirely depend on your settings, so feel free to experiment and adjust the indicator to catch the best moves for the given security.
In terms of indicator adjustments, I have left almost every part open to configuration. That is 15 parameters and 35 adjustable colors.
HOW MUCH DOES THE INDICATOR COST ?
As much as I would like to offer it for free (as some of my other ones), a great deal of work, trading logic, and testing have gone into creating this indicator. More than a few hundred iterations and a few dozen branches were required to reach the end result which is a precise combination of usefulness, simplicity, and practicality. Furthermore, this indicator will continue to be updated and user-requested features that improve its performance will be added.
Disclaimer: The purpose of all indicators is to indicate potential setups, which may lead to profitable results. No indicator is perfect and certainly, no indicator has a 100% success rate. They are subject to flaws, wrongful interpretation, bugs, etc. This indicator makes no exception. It must be used with a sound money management plan that puts the main emphasis on protecting your capital. Please, do not rely solely on any single indicator to make trading decisions instead of you. Indicators are storytellers, not fortune tellers. They help you see the bigger picture, not the future.
To find out more about how to gain access to this indicator, please use the provided information below or just message me. Thank you for your time.
RogTrader HFT AlgoThis is a simple algorithm to generate Buy, Sell, Short, and Cover Signals. It uses the following:
RSI , MACD , Stochastic , Bollinger Bands , Ketler Channels, ATR Trailing Stop, Trend, and Volume .
Usage is simple: Green Background is Long and Red Background is Short positions.
LE = Long Entry
LX = Long Exit
SE = Short Entry
SX = Short Exit
This is not a trade recommendation, rather informative signals, and please do your due diligence. Thanks!
Escaping of Rate from Avarage By Mustafa OZVEREscaping of Rate from Average By Mustafa OZVER
This code shows a location of a rate or price (or etc.) from the average, rated by the standard deviation.
To show that, calculates the ema and standard deviation of our data then calculates the distance between ema and the current data by the standard deviation.
In summary, we can say that this value is the current distance by the long term standard deviation.
This value is between +1 and -1 because we expect the absolute value of the standard distance does not get far from the long term standard deviation.
For scalping, we can use this value as
buy signal when the value is below -1,
sell signal when the value is above +1,
But only this value can not guarantee good results for trading. BE CAREFUL
Gregoire Channel WidthThis indicator goes with the Gregoire Channel (not shown). It measures the distance from an edge to the middle of the channel.
This serves two purposes:
1) Volatility adjusted position sizing
2) Options buying/selling
-----------------
The formula for volatility adjusted position size is: (account value * risk) / (GC Width / Entry price).
For example, let's say we have a $15,000 account size and want to risk 2% on a TQQQ trade. The GC Width is $8.77 and entry is $167.59.
That gives us a position size of: (15,000 * 0.02) / (8.77 / 167.59) = $5,732.84. Our stop would be around the middle of the channel, in this case.
We use this so we avoid getting blown out in fast-moving markets, yet still make enough for slow moving markets. Too much risk destroys accounts!
-----------------
The green and red colors indicate areas to buy and sell options. RED = sell options, GREEN = buy options.
Options are priced according to volatility. We want to buy them when volatility is low, and sell them when volatility is high. These can also be used as take-profit areas: we buy options on the green and close for profit on the red areas, etc.
VF Indicator - VSA tradeIn order to see inside the market, and what the insiders and market makers are doing, we have one tool at our disposal which reveals their activity instantly, and that tool is VOLUME . Volume is the catalyst which when combined with price, provides the foundation stone that is volume price analysis. Base on this concept, Volume Flow Indicator been create. Volume Flow Indicator is an indicator to track buy/sell volume relative to price movement.
Volume Flow Indicator is builds on 2 line, Volume Line and Price line.
1. When Price Line trade below Volume Line, VF will turn RED – Trigger SELL
2. When Price Line trade above Volume Line, VF will turn GREEN – Trigger BUY
The 2 Line move direction also will show the weakness or strength of the background of the chart. When both line moving down, the rebound will likely end up a trap and price will continues move lower.
Price moving sideways - When VF pointing downwards it mean distribution and when VF start to turn Green, it mean end of accumulation.
VF best work when stock price is in pullback. Pullback buying climax occurs when the market makers wish to restock their empty warehouse, and here the trigger is fear of a loss. The market is generally moved fast into a price fall, usually on news, with investors then selling in panic, and with the market makers then stepping in to buy & stop the stock falling further, once buying is complete (Pullback completed) price action begins. VF will trigger buy ( Green Dot ) when the pullback is completed and in continues in Green zone when price continues moving up. However if pullback fail to rebound, VF will turn sell (Red Dot).
Wyckoff’s second law then introduces the concept of time as enshrined in the law of cause and effect. Here the law states that if the cause is large then the effect should also be large if the two are in agreement. In other words, if the time taken to build the next phase of a campaign by the market makers is large, then we should expect to see this reflected in an extended move in the price action as a result.
You can think of this as the effect of winding the spring of a clockwork toy. The more the spring are wound, the greater the energy stored, and the greater the distance the car will travel, once it is released. This is the basic principle of cause and effect.
VF indicator will show this in the area between Volume Line and Price Line. More thicker the Green Zone or Red Zone will show how much the Bullish momentum or Bearish momentum.
Volume reveals the truth behind price action, with VF indicator both volume and price can be easily monitor along the chart real time.
PT Trend BarsVersion 1.0 of our Trend Bars Indicator offers a visual of the current trend. The purpose of it is to help you avoid counter trading the trend. It will not identify the exact top or bottom, but it will help you identify overall in which direction the market wants to head. High time frame trend bar candles will allow you to ride the wave for multiple weeks.
White candles indicate bullish trend
Black candles indicate bearish trend
Strategy:
Daily is our favorite time frame to use when trying to identify the overall macro trend of the asset. Once we cross bull with three consecutive white candles, we can assume we are bullish until the candles flip bear again (black). On lower time frame, if the candles flip color but the price is going against trend, you can assume we are going for a retest.
This Oscillator is best used with the PT Buy Sell indicators we provide. It offers extra confluence for a stop loss & for a target for swing setups. It is included as part of the library. Just message us for access!
Jackrabbit.modulus.JRlingThis is the standalone version of JRling, with the full capability of the modulus framework. JRling is a strategic blend of moving averages, multiple RSI , multiple Stochastics, Bollinger Bands , and Williams %R .
The number of confirming buys and sells can be selected from the settings menu. This module supports full confirmation bias/crossover and differential timeframe analysis.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
[astropark] Nova BandsDear followers,
today a new analysis and scalping tool for day trading on low timeframes (5-15 minutes) or to plan swing trades on hourly timeframes. It can be used also on high timeframes just for analysis current market trend.
The indicator plots a series of levels which create a nice bands flow.
The slope of levels make you easily understand when price is in consolidation, in uptrend or in downtrend.
The golden rule is always the same: buy low and sell high .
This indicator plots:
3 "price is low here" levels (from dark green to light green)
3 "price is average here" levels
3 "price is high here" levels (from purple to orange)
When bands are flat, price is in consolidation and this is best condition to trade with nova bands.
When price reaches higher bands, you will open a short position with targets below levels, fully closing your position when price hits the average level (black).
Here an example on Bitcoin on 15m using 1h resolution:
The same applies when price reaches lower bands, you will open a long position with targets above levels, fully closing your position when price hits the average level (black).
When bands get nearer and nearer is called "Bands Squeeze": price is next to a main breakout move, volatility is coming!
Here an example of SPX500: after long consolidation and bands getting nearer and neared, we had the breakout, downwards in this case.
In this screenshot you can see what signals algorithm provided:
Our suggestion is to play safe these kind of scenarios, no reason to FOMO buy/sell. Just wait for price consolidation / getting back inside the bands.
For example you would have skip first three buy signals, while you would have longed the last two as price came back inside bands after the big volatility which made price went below bands.
Another example is TSLA stock on 15m with 1h resolution:
Price touched the first bullish level and made a big move upwards, breaking bands with a +90% move.
In this case, you would have skipper first 2 sell signals, while you would have accepted next two with stoploss above recent high.
Acceptable also the other two sell signals, which you may have closed when price retraced to lower levels:
You can of course run trends like this buying on price hitting bullish/lower levels after a long consolidation and sell on price hitting middle and higher levels:
A trader who wants to be a winner must understand that money and risk management are very important, so manage your position size and always have a stop loss in your trades.
Here some examples how the indicator works on different markets:
EURUSD 15m with standard settings and 1h resolution
GOLD (XAUUSD) 15m with standard settings and 1h resolution
Facebook (FB) 15m with standard settings and 1h resolution
This is a premium indicator , so send me a private message in order to get access to this script.
RSI, CCI WaveTrend God by Keiron RichieThis script uses Relative Strength Index ( RSI ), Commodity Channel Index ( CCI ) and WaveTrend (WT) together as an oscillator with an additional custom RSI rate of change indicator and buy/sell background color zones derived from a complex combination of these indicators.
The White line shows the moving average of RSI as an oscillator
The Green line is the fast Exponential Moving Average ( EMA ) of CCI & the Red line is the slow EMA of CCI .
The Blue area is the EMA of WaveTrend WT
How to read:
If the RSI , CCI or WT crosses above a programmed threshold and the other lines are also within a pre-defined buy range then the background will change to green for buy.
If the RSI , CCI or WT crosses below a programmed threshold and the other lines are also within a pre-defined sell range then the background will change to red for sell.
Where requirements are not met, the background is neither green nor red.
There are also red and green indicator x’s at the top/bottom of the indicator. They show a drastic change in Relative strength within a short period. This often indicates an immediate buy or sell opportunity.
Buy, Sell, Exit Buy and Exit Sell alerts are included.
Use the link below to obtain access to this indicator.
Rain On Me V2As promised, here is Rain On Me Indicator V2! As the name suggests, this indicator will rain money down on you. More seriously, Rain On Me V2 is a complete overhaul of the V1.
For those who are new to this indicator or for those who already knew it, here is a complete description of this indicator.
This indicator contains:
-Fully configurable multi-timeframe buy or sell signals based on ATR with the possibility to set the period, deviation, period of the ATR and choose the source or type of signals: RMA, SMA , EMA, WMA, VWMA, SMMA, KMA, TMA, HullMA, DEMA, TEMA, CTI.
-Colouring of candles on ATR. (green and red).
-Buy or sell signals with VPT (based on st_dev) with the possibility of adjusting the period and the multiplier. (Only works in markets with available volume information flows).
-Trend Parabolic SAR (Up / Down) fully configurable.
-Divergences with the possibility of choosing among the following signals: MACD, OBV, RSI, CCI.
-3 Moving averages with the possibility of choosing their values and their type for each one: SMA, EMA, RMA, WMA, VWMA. (default: WMA 1 = 7, WMA 2 = 21 and SMA 3 = 50).
-Fibonacci on 10 levels with level 0 in the middle. This Fibonacci helps a lot as it can make it easy for you to find an entry / exit point, a trend and even where to place your Take Profit and Stop Loss.
-Fully customizable Bollinger Band.
-Fully customizable Ichimoku cloud.
-Multi-timeframe Trendline that tells you the true trend of the current market based on volume. (Only works in markets with available volume information flows). It can change from green (for an uptrend) or red (downtrend) color.
To place an alert, always choose the "Once per bar" option.
You can place alerts on the following options:
-GO Buy / GO Sell (ATR).
-VPT Buy / Sell.
-PSAR (Up / Down).
-Divergences (Bullish / Bearish).
-Crossing of moving averages 1 and 2.
-Fibonacci key levels (0.382, 0.5 and 0.618) for Crossunder and Crossover in an uptrend or downtrend.
You can choose to show or hide from the chart all the options mentioned above.
Never follow buy or sell signals stupidly. Always watch that all the indicators are going in the same direction, that you are not in a range zone, that there is no resistance etc ...
Always wait for confirmation after a buy or sell alert before entering a position to make sure the label stays on the chart and doesn't disappear.
Please feel free to give your ideas, suggestions or bug reports in the comments area to help me improve it.
A BIG THANKS TO QUANTNOMAD FOR GIVING ME ITS AUTHORIZATION TO USE, MODIFY AND REPUBLIC ITS "Ultimate Pivot Points Alerts" script indicator:
Good trade everyone! And remember, money management is the most important!
Rain On Me IndicatorFinally, we made it :D
Rain On Me Indicator, As the name suggests this indicator will make money rain on you. More seriously, this indicator contains :
This indicator contains:
-Bullish and bearish RSI divergences showing on chart with alerts.
-Parabolic SAR with Labels on chart with buying or selling alerts.
-3 Moving Average (MA 1 : 7, MA 2 : 21 MA 3 HIDDEN : 50 (Cross alerts for Pullback)
-Customizable Bollinger band
-Fibonacci on 10 levels with the level 0 to the middle. This Fibonacci help a lot since it can let you find easily entry/exit point, trend and even where to place your Take Profit and Stop Loss. It have alerts for most important levels (0.382, 0.§, 0.618) for Crossunder and Crossover in Bullish or Bearish trend.
-Fully Customizable Ichimoku Cloud.
-Trend Buy/Sell Labels on chart with buying or selling signal alerts.
-Trend color visible on candles.
If an alert trigger of Buy/Sell Signal with the same alert based on PSAR, so you can be confident to enter in position. Alway checking fibs level that is the key thing with this indicator. the script has been set to have the best possible results on as many market as possible. But.best result for zfter backtesting is on
Forex : EUR/USD, USDJPY, USDCAD.
Indice : S&P500, NASDAQ, DOWJONES
Commodities : OIL, WTI
Everything work on following timeframe :
15MN, 1H, 4H, DAILY, WEEKLY.
So that you can avoid having to set it again, whether it be in minutes, hours, days, months.
So you can easily trade in the mode that suits you best. It works well on everything from indices to forex to commodities etc. I thank all those who allowed me to carry out this project. IF you feelt free to give your ideas, suggestions, for improve it by sending me messages.
This is really a first version sp it may contain bugs / errors that will be fixed over time.
A BIG THANK YOU TO QUANTNOMAD WHO GIVE ME HIS PERMISSION TO USE, MODIFY AND REPUBLISH HIS "Ultimate Pivot Points Alerts" Script Indicator :
Good trade to all !
RSI buy sell force This inidicator show by RSI buy and sell force
the blue is the buy
red line is the sell
gray is avreage of the two
when blue above red is a buy , blue bellow red is a sell.
very simple and nice indicator
Awesome Buy/Sell SignalBuy and Sell signals using Bill William oscillators. Works for anything with high volume both crypto and stocks.
Optimal at Lower time frames and larger time frames can give you trend.
Green painted bars bullish momentum
Grey painted bars undecided momentum
Red painted bars bearish momentum.
