[NLX-L2] Fisher Stochastic Center of Gravity (v4)- Fisher Stochastic Center of Gravity-
This is Fisher's Stochastic Center of Gravity converted to pine v4 by blackcat. A very powerful entry indicator!
The original was published by DasanC & EmpiricalFX and it's a very interesting take on FSCG.
All the credit for the indicator goes to the authors and inventor of FSCG, this is just a mod to be used with my NLX Modular Trading Framework .
- How to Use -
1. Add a Trend Indicator like Trend Index MTF to your chart
2. Add " Fisher Stochastic Center of Gravity" Indicator to your Chart and select the Trend Index MTF with Type L1 in the Settings as Source
2. Add the Backtest to your Chart and select the FSCG Signal with Type L2 as Source
- Alerts for Automated Trading -
See my signature below for more information. Contact me for the Alert module.
在腳本中搜尋"N+credit最新动态"
Profit Maximizer StrategyFirst I would like to thank to @KivancOzbilgic for developing this indicator.
All the credit goes to him.
I just created a strategy, in order to try to find the perfect parameters, timeframe and currency for it.
I will provide below the same description like he has in the publish of profit maximizer
Profit Maximizer - PMax combines the powerful sides of MOST (Moving Average Trend Changer) and SuperTrend (ATR price detection) in one indicator.
Backtest and optimization results of PMax are far better when compared to its ancestors MOST and SuperTrend. It reduces the number of false signals in sideways and give more reliable trade signals.
PMax is easy to determine the trend and can be used in any type of markets and instruments. It does not repaint.
The first parameter in the PMax indicator set by the three parameters is the period/length of ATR.
The second Parameter is the Multiplier of ATR which would be useful to set the value of distance from the built in Moving Average.
I personally think the most important parameter is the Moving Average Length and type.
PMax will be much sensitive to trend movements if Moving Average Length is smaller. And vice versa, will be less sensitive when it is longer.
As the period increases it will become less sensitive to little trends and price actions.
In this way, your choice of period, will be closely related to which of the sort of trends you are interested in.
We are under the effect of the uptrend in cases where the Moving Average is above PMax;
conversely under the influence of a downward trend, when the Moving Average is below PMax.
Built in Moving Average type defaultly set as EMA but users can choose from 8 different Moving Average types like:
SMA : Simple Moving Average
EMA : Exponential Movin Average
WMA : Weighted Moving Average
TMA : Triangular Moving Average
VAR : Variable Index Dynamic Moving Average aka VIDYA
WWMA : Welles Wilder's Moving Average
ZLEMA : Zero Lag Exponential Moving Average
TSF : True Strength Force
Tip: In sideways VAR would be a good choice
You can use PMax default alarms and Buy Sell signals like:
1-
BUY when Moving Average crosses above PMax
SELL when Moving Average crosses under PMax
2-
BUY when prices jumps over PMax line.
SELL when prices go under PMax line.
PIVOT differenceall credit to pine coders of TV- www.tradingview.com
this is just example of the new function and how we can make smart pivot system for low TF
on the right side (the normal pivot that we use S1 and R1 level shown)
the lines represent the trend of the pivot and there levels
here i use 30 min pivot MTF on 5 min chart
in this example we can see that we have much more correct way to estimate break up or down
the get price function allow you to make alerts of crossing of the trend line ( I am lazy now so maybe later I add it:) )
you can use same TF as the chart or higher
and then examine where you think you nned to buy and sell
I normaly add linear regression or other method of choice for conformation of buy or sell oppertunity
this is just raw idea but this function can be exploited with any trend line or system that one can think about
this is just example to think on :)
RSI with Self-Adjusting Linear Regression Bands (Expo)RSI with Self-Adjusting Linear Regression Bands (Expo) makes use of RSI and Linear Regression to create an RSI that follows the current trend. The indicator has an upper and lower self-adjusting Linear Regression Band that act as RSI boundaries.
HOW TO USE
The indicator can be used in multiple ways, for instance, to find overbought and oversold areas. Or to identify trends as well as pullbacks in trends.
INDICATOR IN ACTION
This indicator is a modification of RafaelZioni's work "Linear Regression Trend bands"
Credit to: RafaelZioni
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
MWD Highs & LowsThis is a minor update and modification to the script by kisshore19: I updated a few pieces to make it v4 compliant (color. and syminfo. prefixes, etc), inserted the passed variables on the functions, and modified a few items per my preference (line style, removed the infinity offset, added transp). Very minor updates, the work is all credit to kisshore19. I wanted to be able to update which previous days/weeks were shown so bringing it up to date with v4 was the idea.
Pi-cycle top for Bitcoin bull-runUsage
Whenever the Pi-Cycle top conditions are met, the red circle appears at the bottom of the chart. Theoretically, this marks the top of the bull-run in Bitcoin within 3 days.
Credit and overview
Indicator Overview
The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days.
It uses the 111 day moving average (111DMA) and a newly created multiple of the 350 day moving average, the 350DMA x 2.
Note: The multiple is of the price values of the 350DMA not the number of days.
For the past three market cycles, when the 111DMA moves up and crosses the 350DMA x 2 we see that it coincides with the price of Bitcoin peaking.
It is also interesting to note that 350 / 111 is 3.153, which is very close to Pi = 3.142. In fact, it is the closest we can get to Pi when dividing 350 by another whole number.
It once again demonstrates the cyclical nature of Bitcoin price action over long time frames. Though in this instance it does so with a high degree of accuracy over the past 7 years.
How It Can Be Used
Pi Cycle Top is useful to indicate when the market is very overheated. So overheated that the shorter term moving average, which is the 111 day moving average, has reached a x2 multiple of the 350 day moving average. Historically it has proved advantageous to sell Bitcoin at this time in Bitcoin’s price cycles.
Created By Philip Swift
BITCOIN Miners Revenue VS Price Correlation OscillatorUse 3D(3-day candle) as timeframe for best reading.
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original template for Correlation indicator was created by obaranova. credit goes to her.
Weeknights Donchian CloudDonchian Channel Trading system visualised as a cloud.
Regular/Quick inputs;
Length: 20
Entry Length: 20
Stop Length: 10
Alternate/Slower Inputs;
Length: 55
Entry Length: 55
Stop Length: 20
For a more in-depth review, look up "Turtle Trading" rules
The simplest way to use the cloud;
-When the cloud flips from above to below (support), close any shorts and open a long
-When the cloud flips from below to above (resistance), close any longs and open a short
-Cloud is flipped based on a breakout on the high / low
-Most effectively used on the daily, but can be used on any time frame
-For traditional markets, an input of 20 is most commonly used
-For 24/7 markets, an input of 28 is most commonly used
-Find an input that makes the most sense to you!
I appreciate any feedback, feel free to message me on twitter / comment!
Twitter ; @ImWeeknight
Credit to user KivancOzbilgic for helping with the script
Spread by//Every spread & central tendency measure in 1 script with comfortable visualization, including scrips's status line.
Spread measures:
- Standard deviation (for most cases);
- Average deviation (if there are extreme values);
- GstDev - Geometric Standard Deviation (exclusively for Geometric Mean);
- HstDev - Harmonic Deviation (exclusively for Harmonic Mean).
These modified functions will calculate everything right, they will take source, length, AND basis of your choice, unlike the ones from TW.
Central tendency measures:
- Mean (if everything's cool & equal);
- Median (values clustering towards low/high part of the rolling window);
- Trimean (3/more distinguishable clusters of data);
- Midhinhe (2 distinguishable clusters of data);
- Geometric Mean ( |low.. ... ... .. .... ... . . . . . . . . . . . .high| this kinda data); <- Exp law
- Harmonic Mean { |low. . . . . . . . . . . . . . .. . . .high| kinda data). <- Reciprocal law
Listen:
1) Don't hesitate using Standard Deviation with non-mean, like "Midhinge Standard Devition", despite what ol' stats gurus gonna say, it works when it's appropriate;
2) Don't check log space while using Geometric Mean & Geometric Standard Deviation, these 2 implement log stuff by design, I mean unless u wanna make it double xd
3) You can use this script, modify it how you want, ask me questions whatever, just make money using it;
4) Use Midrange & Midpoints in tandem when data follows ~addition law (like this . . . . . . . . . . . . . . . . . . . . .). <- just addition law
Look at the data, choose spread measure first, then choose central tendency measure, not vice versa.
!!!
Ain't gonna place ® sign on standard deviations like one B guy did in 1980s lmao, but if your wanna use Harmonic Deviations in science/write about/cite it/whatever, pls give me a lil credit at least, I've never seen it anywhere and unfortunately had to develop it by myself. it's useful when your data develops by reciprocals law (opposite to exponential).
Peace TW
JMA + A2RTS + AlertsThe script is a combination of two high quality scripts Everget's JMA and Alex Grover's A2RTS script, all credit too them for the original code.
Additional thanks to Mango2Juice for the continued help as this is my first script published and it would not of been possible without the help.
The goal of this script is to allow for you to enter into trends and too keep you in them while maximizing profit.
Trade Conditions:
Buy Enter: when JMA goes from red to green and use yellow line (A2RTS) as a trail stop
Buy Exit: when A2RTS flips or JMA goes back to red
Sell Enter: when JMA goes from green to red and use yellow line (A2RTS) as a trail stop
Sell Exit: When A2RTS flips or JMA goes back to green
Alerts have also been added for when JMA changes color and when A2RTS flips
Please drop a comment below if this script is helpful or if you have any question
Once again this is my first script and I hope you all enjoy it.
RVC-Trade-With-Pivot-LevelsHow to Use PIVOT Levels for Trading
Always remember ->: *Trade with trend*
About script:
1. Daily and Weekly close above Pivot Level.
-- Sentiment is highly positive. Pivot Level acts as strong support.
2. Daily Close above Pivot and Weekly Close Below Pivot
-- Sentiment is positive.Weekly Pivot Level may act as strong resistance.
3. Daily close below Pivot and weekly close above Pivot
-- Sentiment is negative but weekly Pivot Level can acts as strong support.
4. Daily and Weekly Close below Pivot Level
-- Sentiment is highly Negative. Pivot Level acts as strong resistance.
BUY/SELL -- ENTRY
BUY ABOVE 23.6% UPWARD
IF Trend is positive and price cross and sustains above 23.6%(R1) upside, then it will be entry from BUY perspective.
If R1 is entry, R2/R3/R4/R5 ... will be targets.
SELL Below 23.6% Downward
IF Trend is negative and price cross and sustains below 23.6%(S1) downside, then it will be entry from SELL perspective.
If S1 is Sell side entry, S2/S3/S4/S5 will be targets.
Before taking ENTRY on BUY or SELL Side, please know your risk levels, Stop Loss and trade EXECUTION process.
Finally:
My view is my view and remains with me only. Once you accept it and trade it, it becomes your view. So credit or blame all yours.:)
CDC Action Zone V.2 Strategy BacktestPublished for backtest purpose
All credit to : CDC Action Zone V.2 by piriya33
จัดทำขึ้นเพื่อการดูผล Backtest เขียวซื้อแดงขาย
ตัวสคริปท์มีการเพิ่ม
- Strategy Long/Short/Both // ปรับได้ใน Setting
- Back test range // ปรับได้ใน Setting
WOMBO COMBO: EMA & VWAP & MACD & BB & STCHello my fellow investors,
After hours of reading, backtesting, and YouTube video watching I discovered that EMA, VWAP, BB, MACD, and STC produce the most consistent results for investment planning. This strategy allows you to pick between the aforementioned indicators or layer them together.
It works on the pricipal of:
1) Always follow the market trend - buy/sell above/below 200EMA
2) Follow corporate investing trends - buy/sell above/below VWAP
3) Apply MACD check - buy--> MACD line above signal line and corssover below histogram \\ sell --> MACD line below signal line and crossover above histogram.
4) Check volitility with price against BB limits upper/Sell or lower/buy
5) When STC crosses about 10 buy and when it drops below 90 sell
6) Exit position when stop loss is triggered or profit target is hit. BB also provides a parameter to exit positions.
This code is the product of many hours of hard work on the part of the greater tradingview community. The credit goes to everyone in the community who has put code out there for the greater good.
Pro StochasticsMy take on coding a Stochastic Indicator for professional use.
Contains many options and settings for you to tweak, and can be used on different timeframes.
I've also decided to make the code Open to all to use.
But it would be great if you credit me when you use my code. :)
FRAMA slower and lowerMuch credit in the notes. I use this to follow the whole crypto market long and short. Implementation and backtesting is everything!
RedK_Supply/Demand Volume Viewer v1Background
============
VolumeViewer is a volume indicator, that offers a simple way to estimate the movement and balance (or lack of) of supply & demand volume based on the shape of the price bar. i put this together few years ago and i have a version of this published for another platform under different names (Directional Volume, BetterVolume) in case you come across them
what is V.Viewer
=====================
The idea here is to find a "simple proxy" for estimating the demand or supply portions of a volume bar - these 2 forces have the potential to affect the current price trend so we want an easy way to track them - or to understand if a stock is in accumulation or distribution - we want to do this without having access to Level II or bid/ask data, and without having to get into the complexity of exploring the lower timeframe price & volume data
- to achieve that, we depend on a simple assumption, that the volume associated with an up move is "demand" and the volume associated with a down move is "Supply". so we basically extrapolate these supply and demand values based on how the bar looks like - a full "green" price bar / candle will be considered 100% demand, and a full "red" price bar will be considered 100% supply - a bar that opens and closes at the same level will be 50/50 split between supply & demand.
- you may say this is a "too simple" of an assumption to make, but believe me, it works :) at least at the basic scenario we need here: i'm just exploring the volume movement and finding key levels - and it provides a good improvement compared to the classic way we see volume on a chart - which is still available here in VolumeViewer.
in all cases, i consider this to be work in progress, so i'd welcome any ideas to improve (without getting too complicated) - there's already a host of great volume-based indicators that will do the multi timeframe drill down, but that's not my scope here.
Technical Jargon & calculation
===========================
1. first we calculate a score % for the volume portion that is considered demand based on the bar shape
skip this part if it sounds too technical => if you're into coding indicators, you would probably know there are couple of different concepts for that algorithm - for example, the one used in Balance Of Power formula - which i'm a big fan of - but the one i use here is different. (how?) this is my own, ant it simply applies double weight for the "wick" parts of a price bar compared to the "body of the bar" -- i did some side-by-side comparison in past and decided this one works better. you can change it in the code if you like
2. after calculating the Bull vs Bears portion of volume, we take a moving average of both for the length you set, to come up with what we consider to be the Demand vs Supply - as usual, i use a weighted moving average (WMA) here.
3. the balance or net volume between these 2 lines is calculated, then we apply a final smoothing and that's the main plot we will get
4. being a very visual person, i did my best to build up the visuals in the correct order - then also to ensure the "study title" bar is properly organized and is simple and useful (Full Volume, Supply, Demand, Net Volume).
- i wish there was a way in Pine to hide a value that i still need to visually plot but don't want it showing its value on the study title bar, but couldn't find it. so the last plot value is repeated twice.
How to use
===========
- V.Viewer is set up to show the simplified view by default for simplicity. so when you first add it to a chart, you will get only the supply vs demand view you can see in the middle pane in the above chart
- Optional / detailed mode: go into the settings, and expose all other plots, you will be able to add the classic volume histogram, and the Supply / Demand lines - note these 2 lines will be overlay-ed on top of each other - this provides an easy way to see who is in control - especially if you change the display of these 2 lines into "area" style. This is what is showing in the lower pane in the above chart.
** Exploring Key Price Levels
- the premise is, at spots where there's big lack of balance, that's where to expect to find key price levels (support / resistance) and these price levels will come into play in future so can be used to set entry / exit targets for our trades - see the example in the AAPL chart where you can easily locate these "balance or reversal levels" using the tops/bottoms/zero-crossings from the Net Volume line
** Use for longer-term Price Analysis
- we can also use this simple indicator to gain more insights (at a high level) of the price in terms of accumulation vs distribution and if the sellers or buyers are in control - for example, in the above AAPL chart, V.Viewer tells us that buyers have been in control since October 19 - even during the recent drop, demand continued to be in play - compare that to DIS chart below for the same period, where it shows that the market was dumping DIS thru the weakness. DIS was bleeding red most of the time
Final thoughts
=============
- V.Viewer is an attempt to enhance the way we see and use Volume by leveraging the shape of the price bar to estimate volume supply & demand - and the Net between the 2
- it will work for stocks and other instruments as long as there's volume data
- note that V.Viewer does not track trend. each bar is taken in isolation of prior bars - the price may be going down and V.Viewer is showing supply going up (absorption scenario?) - so i suggest you do not use it to make decisions without consulting other trend / momentum indicators - of course this is a possible improvement idea, or can be implemented in another indicator, add in trend somehow, or maybe think of making this a +100 / -100 Oscillator .. feel free to play with these thoughts
- all thoughts welcome - if this is useful to you in your trading, please share with other trades here to learn from each other
- the code is commented - please feel free to use it as you like, or build things on top of it - but please continue to credit the author of this code :)
good luck!
-
2% StopThis indicator is simply based on the 2% rule, you must insert the entry point (the price at what you bought) by clicking the gear on the top left.
If you see the chart different is becouse the default entry is set to 1 and but it fixes if you set the proper entry price.
a little bit about the 2% rule :
Following the 2% Rule will keep any loss in your account to a rela-
tively small, livable size.
The 2% Rule prohibits you from risking more than 2% of your account
equity on any single trade.
This Rule does
not limit your position size—it only limits your risk.
Of course, if you are planning to hold your position down to zero,
then its maximum size would have to be capped at 2%. On the
other hand, if you do a much more sensible thing and use a stop, your
risk per share will decrease, and your permitted size will increase.
The distance from your entry price to the stop level defines your
maximum dollar risk per coin.
The 2% Rule defines your maximum risk for the entire position.
Knowing the risk per share and the total permitted risk makes it
easy to calculate the maximum number of coins /shares you may trade.
Credit about this idea goes to Dr Elder Alexander.
COVID Statistics Tracker & Model Projections by Cryptorhythms😷 COVID-19 Coronavirus Tracker & Statistics Tools by Cryptorhythms 😷
📜Intro
I wanted to put some more meaning behind the numbers for 2020's Covid pandemic. I hope this tool can help people analyze and deal with these hard times. With these metrics I hope to give greater depth and dimension to whats available. While also at the same time creating something that looks decently presentable and gives actionable information.
I had planned on including a few forecasting models and letting the user play with values to see how social distancing works. But alas I couldnt complete those in the scope of time I gave myself for the indicator. If you are interested in collaborating on it, I will share what I have with you and we can further work on it.
📋Description
The script contains 3 main parts you will interact with. I suggest you enable the chart labels for "indicator name" and "indicator last value" to make the charts more readable (right click on the scale of your chart and goto the "labels" pop out menu). Depending on what plots and data you choose to chart, logarithmic and regular scales can both be applied in different situations. To get similar visuals to the examples I will show below, you can goto the indicator options > style tab. I then play with the line styles, colors and transparencies to achieve the nice looking charts. Please also note there is a distinction between "Infected" and "Infectious". A model telling you the number of infected doesnt designate whether that person can still pass the virus on to others (infectious). So Infectious numbers are usually lower than total confirmed, but this isnt always the case if for example a country wasnt testing very much during the early phase or something else.
🚧Disclaimer
I am not a medical professional and none of this should be considered medical advice. All of the models, numbers and math I sourced from professional places but this is not a guarantee of the future only an approximation based on current information. Numbers change daily and so can these models!
🌐PART ONE
In this area you select a region to read the proper statistics data from tradingview. You can do global totals, country totals, or for a few places (AU, CA, CN, US) you can see state/province totals. Remember to SELECT ONLY ONE region.
🧮PART TWO
The Plots/Stats/Data section includes:
1. ) Plot the Days to Double Number of Confirmed
2. ) Plot the Infection Growth Ratio
3. ) Plot Fatality Risk Rate (Total Deaths / Total Outcomes)
4. ) Plot Overall Fatality Rate / Recovery Rate
5. ) Plot % of World Infected & % of USA Infected
6. ) Plot Daily New Deaths, Confirmed & Recovered
7. ) Plot Daily Change Percentages
🎱PART THREE
Forecasting Models and Settings:
1 .) Plot the % of Custom Population Infected (Vs. the Region Selected in Part 1 of Settings)
2 .) Plot the True Num. of Infectious (Death Model / DM)
3 .) Plot the Current and Next Weeks Cumulative Infection Projection (DM)
4 .) Plot Estimated Infection Rates? (DM)
5 .) Enable Basic Trajectory Projection?
6 .) Plot the Likelihood of > 0 **Infectious** in a Group (DM) for Today, Tomorrow and Next Week
7 .) Plot the True Num. of Infected (Confirmed/Tested Model)
8 .) Plot the Estimated Epidemiology for 7 and 14 Days Out (Hospital Beds, ICU Beds, Ventilator Units)
Planned But not completed
9.) SIR Epidemiology Model
10.) Exponential Growth Plot & Correlation
To use the Estimator for likelihood of Infected in N group of people you need to do 2 things. Select and use "Custom Population" as the population source for part 3. Then you need to enable "Custom Infected" as the source for the model. Then you enter your geographical area's population and confirmed cases. Its best to goto the smallest / most granular level of data available to accurately estimate the likelihood. So for instance in the order of least effective to most effective data source: global, country, state, county, city...etc.
If you do not understand what these terms or numbers represent, please read the source materials I have linked in the code, or use google. I dont have the time or expertise to explain all the various specific methods and terms included here. This entire project was a learning journey for me and I have zero experience in epidemiology so please excuse any errors I may have made. (and tell me, so I can change it!)
🔮Future Additions
If anyone has a model or stat they would like included I will be happy to add your code to this toolbox to make it more effective and give you credit here in the description. If you want to collaborate please message me.
📊Some Example Charts:
The Cryptorhythms Team wish you and your families all the absolute best of health!
P.S. Stay safe and act smart I dont think this will be the EOTW.
ApopheniaPays Crossing detector & 2-field date/time entryYou specify a horizontal line by value, start date/time, and end date/time, and choose a data source (bar close is the default) and it will label count how many times that source crosses that line between those dates/times.
Enter the start and end dates for your horizontal line as MMDDYY and HHMM (24 hour time).
: Jan 17, 2020 would be 11720 (properly it would be 011720, but Pine inputs delete leading 0s).
: November 17, 2020 would be 110720.
: 8:30 AM would be 0830.
: 8:30 PM would be 2030.
Remember to enter the right time zone.
I believe nobody else has published a 2-input date/time picker on TV, at least the last time I checked they hadn't, they all make you input M,D,Y,H,M as separate fields. Ugh!
If you use any parts of this code, please credit me. If somehow you happen to make a lot of money using this code, please think about what a fair share would be to pay me for my help, then give that amount to a worthwhile charity.
My VWAP Reversal + Pivot Points StandardThis indicator, with the addition of a standard VWAP indicator to the 5m chart, helps the operator when using a closing candle Price to initiate a VWAP Reversal strategy.
The strategy involves Price gapping up, look for a Close below the 1st 5m candle Low; else look for a Close above the 1st 5m candle High. On a break of VWAP, take the trade in the opposite direction of the gap, hence the VWAP Reversal. Not my own strat, credit to T3 Newsbeat, publicly posted on YouTube.
The Pivot Points Standard in the Pine 4 user manual, was the base source code, and leaving it here will allow me to remove the PP indicator I was using.
SuperTrendSuperTrend is one of the most common ATR based trailing stop indicators.
In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA.
The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a superindicator are 10 for average true range or trading period and three for its multiplier.
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price.
It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a ‘Supertrend’ closes above the price, it generates a sell signal as the colour of the indicator changes into red.
A ‘Supertrend’ indicator can be used on equities, futures or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market.
I had converted Supertrend indicator code for various platforms like Metastock in 2017, but in this TradingView version special credit goes to everget - Alex Orekhov which gave a great inspiration to look my indicators better with highlights, signals and alarms. Thank you Alex.
Pi Cycle Bitcoin top indicatorThe Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days.
It uses the 111 day moving average (111DMA) and a newly created multiple of the 350 day moving average, the 350DMA x 2.
Note: The multiple is of the price values of the 350DMA not the number of days.
For the past three market cycles, when the 111DMA moves up and crosses the 350DMA x 2 we see that it coincides with the price of Bitcoin peaking.
It is also interesting to note that 350 / 111 is 3.153, which is very close to Pi = 3.142. In fact, it is the closest we can get to Pi when dividing 350 by another whole number.
It once again demonstrates the cyclical nature of Bitcoin price action over long time frames. Though in this instance it does so with a high degree of accuracy over the past 7 years.
Full Credit to PositiveCrypto
Pivot Boss 4 EMA + BB + Parabolic SAR + IchimokuA combination of a few of my favorite indicators.
1) Pivot Boss 4 EMA
2) Bollinger Bands
3) Parabolic SAR
4) Ichimoku Cloud
All credit to original authors.
