SMI BarsUses SMI (Stochastic Momentum Index) to set bar colors:
When SMI above overbought, bar color is red.
When SMI is between 0 and overbought, bar color is maroon
When SMI is between oversold and 0, bar color is green
When SMI is below oversold, bar color is lime.
When SMI crosses above or below 0, bar color is orange.
在腳本中搜尋"momentum"
SPY Master v1.0This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500.
The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price actions are usually where most unprofitable trades occur. Because we cannot predict exactly when trending periods will occur, the algorithm basically bets money on all trade opportunities during all market conditions. Despite an accuracy rate of only 40%, the algorithm's asymmetric risk/reward profile allows the average winner to be 2x the average loser. The end result is a positive (profitable) net payout.
TRADING RULES:
Buy/Cover = EMA3(RSI2) cross> 50
Sell/Short = EMA5(RSI2) cross< 50
BACKTEST SETTINGS:
- Period = March 2011 - Present
- Initial capital = $10,000
- Dividends excluded
- Trading costs excluded
PERFORMANCE COMPARISON:
There are 657 trades, which means 1,314 orders. Assuming each order costs $2 (what I pay for at Interactive Brokers), total trading costs should be $2,628.
-SPY (buy & hold) = 132.73 ---> 193.22 = +45.57% (dividends excluded)
-SPY Master v1.0 = $12,649 - $2,628 = $10,021 = +100.21%
DISCLAIMER: None of my ideas and posts are investment advice. Past performance is not an indication of future results. This strategy was constructed with the benefit of hindsight and its future performance cannot be guaranteed.
Zweig Market Breadth Thrust Indicator [LazyBear]The Breadth Thrust (BT) indicator is a market momentum indicator developed by Dr. Martin Zweig. According to Dr. Zweig a Breadth Thrust occurs when, during a 10-day period, the Breadth Thrust indicator rises from below 40 percent to above 61.5 percent.
A "Thrust" indicates that the stock market has rapidly changed from an oversold condition to one of strength, but has not yet become overbought. This is very rare and has happened only a few times. Dr. Zweig also points out that most bull markets begin with a Breadth Thrust.
All parameters are configurable. You can draw BT for NYSE, NASDAQ, AMEX or based on combined data (i.e., AMEX+NYSE+NASD). There is also a "CUSTOM" mode supported, so you can enter your own ADV/DEC symbols.
More info:
Definition: www.investopedia.com
A Breadth Thrust Signal: www.mcoscillator.com
A Rare "Zweig" Buy Signal: www.moneyshow.com
Zweig Breadth Thrust: recessionalert.com
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
UCS_Squeeze_OptimizationSqueeze Momentum Indicator - Optimized
All Updates from Version 3 + Squeeze Optimized further.
WaveTrend with Crosses [LazyBear]LazyBear's wavetrend oscillator enhanced with wavetrend cross visualization on the indicator as well as with bar color highlights.
Indicator: ElliotWave Oscillator [EWO]This oscillator has to be used in conjunction with other EW tools (certainly cannot be the main indicator).
EWO has:
- Higher values during third waves' up
- Lower but still Positive values during the first and fifth waves up
- Negative values during the biggest corrections or downtrend impulse waves.
Personally, I am still trying to figure out EW, so do not use this. Just wanted to publish this for the EW masters out there who can put this to good use.
Appreciate any comments/feedback.
Indicator: Chande's QStick IndicatorQStick from Tushar Chande (more info => www.investopedia.com)
This numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' periods have been up, indicating that buying pressure has been increasing
I added more markings to clearly highlight the divergences (marked them in the chart above).
Appreciate any comments/feedback.
4H Golden Cross - The Sign of GloryCalculates the golden cross on the 4-hour timeframe
Displays the result on any timeframe
Draws a green vertical beam (a vertical line or background stripe) on the bar where the golden cross happened, so it’s clearly visible regardless of your chart timeframe
This is used to see the effectiveness of the 4h golden cross without having to change timeframes continually
Newzage - Fed Net LiquidityThe Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX (S&P 500 Index).
The formula he shared on Twitter uses the Fed Balance Sheet, TGA (Treasury General Account), and Reverse Repo.
Net Liquidity = Fed Balance Sheet - (TGA + Reverse Repo)
The data for each component above is accessible on the FRED website.
Fed Balance Sheet fred.stlouisfed.org
Treasury General Account (TGA) fred.stlouisfed.org
Reverse Repo fred.stlouisfed.org
This script uses net liquidity (NL) fair value calculation for SPX, then estimates entry and next target exit target for both long and short trades on SPY.
The script added RSI oversold/overbought signal to the original NL signal from Max... improving the "precision" of the buy/sell signals.
The script also uses RSI to estimate targets based on how overbought or oversold the index/SPY is.
MomentumBreak#1//condicion de compra: k>80
buycondition=crossover(k,oversold)
calculo de tamaño de la posicion segun el ultimo low dentro de lo n periodos anteriores, tambien usado como stop
salida por trailing stop
DT Dual-Lookback DLBThis script is based on the concept of Robert Miner Book "High Probabilities Strategies"
This script shows at the same time two timeframes and the overlapping area.
The green and red area shows the higher time frame period just as Robert Miner did this in his videos.
Because Robert Miner just says: 8.. 13.. 21.. i used this also as type for the setup.
This is not a complete trading strategy, but if fibonacci retracement/extensions in price and time and
elliot waves position and DT Dual-Lookback comed together there is a perhaps a signal.
Please read his book and look at his website and his DT reports to learn more about his strategy.
Heikin-Ashi Strategy + backtest rangeThis is Heikin-Ashi Strategy + Backtest range that I think useful for BTCUSD pair.
Pay Attention CandleThis is an attempt to detect the so called Pay Attention Candles from RexDog Trading System (RDTS). (They are not clearly defined by any specific set in stone rule, so this is just my interpretation)
You can turn on and off the bar highlight/triangles if chart gets too busy and you want only one of the indication types.
The way this is defined as evident in the code is - it looks at the candle size (without the wicks!!! only open to close) to decide whether it is larger than ATR mutlipied by a multiplier (1.5 by default here - you can adjust)
ATR period can also be adjusted but it's set to 9 by default.
Enjoy.
Ultra Money FlowIntroduction
The Ultra Money Flow script is a technical indicator for analyzing stock trends. It highlights buying and selling power, helping you identify bullish (rising) or bearish (falling) market trends.
Detailed Description
The Ultra Money Flow script calculates and visually displays two main components: Fast and Slow money flow. These components represent short-term and long-term trends, respectively.
Here's how it works:
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Inputs
You can adjust the speed of analysis (Fast Length and Slow Length) and the type of smoothing applied (e.g., Simple Moving Average, Exponential Moving Average).
Choose colors for visualizing the trends, with blue for bullish (positive) and orange for bearish (negative) movements.
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Money Flow Calculation
The script analyzes price changes (delta) over specified periods.
It separates upward price movements (buying power) from downward ones (selling power).
It then calculates the difference between these powers for both Fast and Slow components.
The types of smoothing methods range from traditional ones like the Simple Moving Average (SMA) to advanced ones like the Double Expotential Moving Average (DEMA) or the Triple Exponential Moving Average (TEMA) or the Recursive Moving Average (RMA) or the Weigthend Moving Average (WMA) or the Volume Weigthend Moving Average (VWMA) or Hull Moving Average (HMA).
Very Special ones are the Triple Weigthend Moving Average (TWMA) wich created RedKTrader .
I created the Multi Weigthend Moving Average (MWMA) wich is a simple signal line to the TWMA.
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Divergence
This indicator can show divergence by comparing the direction of price movements with the indicator value.
If the price and the indicator move in opposite directions, you can use these signals to help decide when to buy or sell.
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Auto Scaling
The script adjusts its calculations based on the time frame you are viewing, whether it's minutes, hours, or days, ensuring accurate representation across different time scales.
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Plotting
The script plots the Fast component as a histogram and the Slow component as a line, using the chosen colors to indicate bullish or bearish trends.
The thickness and transparency of these plots give additional clues about the strength of the trend.
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By using this indicator, traders can easily spot shifts in buying and selling power, allowing for better-informed decisions in the market.
Special Thanks
I use the TWMA-Function created from RedKTrader to smooth the values.
Special thanks to him for creating and sharing this function!
