Stochastic Pop and Drop by Jake Bernstein v1 [Bitduke]I found a simple strategy by Jake Bernstein, modified it a little and created a strategy with Risk Management System (SL+TP); After that I test it on the different cryptocurrency pairs.
About the Indicator
Basically it's the strategy of 2 indicators: Stochastic Oscillator to define the bias and Average Directional Index to confirm it.
One again, It uses Stochastic Oscillator to define the trading bias. In particular, the trading bias was deemed bullish when the weekly 14-period Stochastic Oscillator was above some default value (in him paper - 50) and rising and vice versa.
Once the trading bias is established, Steckler used the Average Directional Index (ADX) to define a slowdown in the trend. ADX measures the strength of the trend and a move below 20 signals a weak trend.
Modifications
I didn't implement Average Directional Index (ADX) and test just different sources for data, oscillator periods and different levels in relation to the crypto market.
So, it shows good results with two tight thresholds at 55 and 45 level.
The bar chart below the defining the bullish and bearish periods (green and red) and gives a signal to enter the trade (purple bars).
Backtesting
Backtested on XBTUSD , BTCPERP (FTX) pairs. You may notice it shows good results on 3h timeframe.
Relatively low drawdown
~ 10% (from 2019 to date) FTX
~ 22% (4 years from 2016) Bitmex
I backtested on the different altcoin pairs as well, but the results were just not good.
Relatively good results were shown by some index pairs from the FTX exchange ( FTX:SHITPERP ), but I think there is a few data for backtesting to be asure in them.
Bitmex 3h (2017 - 2020) :
i.imgur.com
FTX 3h (2019 - 2020):
i.imgur.com
Possible Improvements
- Regarding trading algorithm it would be good to check with strategy with ADX somehow. Maybe for the better entries
- As for Risk Management system, it can be improved by adding trailing stop to the strategy.
Link: school.stockcharts.com
隨機震盪指標(KD)
WhiteSRSI
This indicator, combines stochastic and rsi of different timeframes, is convenient when used on younger timeframes.
Stoch RSI+Stoch RSI+
It is based on mainstream setting
Shows Stochastic RSI K line(blue) and nStochastic RSI D line(red)
■Buy sign
will buy when golden cross occured and Stochastic RSI K line <= OverBought%
■Sell sign
will buy when dead cross occured and Stochastic RSI K line >= OverSold%
Dumb Indicator 21 - Function's Candlestick Bar's StyleThe idea is help traders to see the patterns and levels from a different point o view.
This script create candlestick using the opening, high, low and close price as source on your favorite function.
It's very simple to use:
Select a function in the drop box list, the number of bars length, check or uncheck the boxes to treat source as logarithm, smooth, and if you want to plot the SMA from the results.
To make a deeper analysis, you can select to plot the candles in Stochastic or in Percent Rank way.
The Stochastic and Percent Rank plot will show how far the price is close to highest or lowest value of the source from the last "Stochastic Length" number of bars.
Some functions with different names can plot the same results.
This indicator works on every kind of market, but you will need to find the best function and length to use.
Please, if you find anything good with this, share to everyone.
CryptoSignalScanner - Stochastic Trend IndicatorDESCRIPTION:
This script has been designed to provide the ideal buy and sell moment on the lower time frames.
• This scripts is based on the Stochastic RSI Indicator.
• When we are in an uptrend the background becomes green.
• When we are in a downtrend the background becomes red.
• It is also possibility to set the overbought and oversold range.
HOW TO USE:
• When the blue line (stochastic K) has crossed above the red line (stochastic D) in the oversold area then this is the ideal moment to get into a trade.
• When the blue line (stochastic K) has crossed below the red line (stochastic D) in the overbought area then this is the ideal moment to get out of a trade.
• Use this together with the CryptoSignalScanner - Advanced BUY/SELL indicator to get a stronger confirmation.
• Use the Fibonacci tool together with the Eliot Waves to help you to find the ideal buy or sell moment.
HOW TO GET ACCESS TO THE SCRIPT:
• Use the link below to subscribe to our indicators.
REMARKS:
• This advice is NOT financial advice.
• We do not provide personal investment advice and we are not a qualified licensed investment advisor.
• All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
• We will not and cannot be held liable for any actions you take as a result of anything you read here.
• We only provide this information to help you make a better decision.
• While the information provided is believed to be accurate, it may include errors or inaccuracies.
Good Luck,
The CryptoSignalScanner Team
Better Stochastic RSI to find DivergencesThis indicator is a modified version of a stochastic RSI oscillator. I want to share this because it is really good for analysis of divergence between price action and the oscillator. You can also use it to trade overbought and oversold conditions.
To find out more what a divergences is when we talk about trading. Take a look at this: medium.com
Trend Scalper (Expo)Trend Scalper (Expo)
DESCRIPTION
Trend Scalper (Expo) is a Scalping strategy based on RSI, Stochastic and moving averages techniques. The idea is to visualize scalping opportunities in trends.
The trend is determined by the color of the moving average called ‘TrendHolder’ The ‘Trendholer’ consists of 3 colors, green, red and orange. Green is a positive trend, red is a negative trend and orange is a neutral or no trend.
Scalping opportunities are visualized by the circles and the triangles. The circles are based on RSI calculation. The triangles are based on Stochastic calculation.
- If there is a green circle and a green triangle and ‘Trendholder’ is orange or green, Enter Long!
- If there is a red circle and a red triangle and ‘Trendholder’ is orange or red, Enter Short!
Combine the indicator with HEIKIN ASHI candlesticks.
HOW TO USE
1. Use the indicator to find scalping opportunities in trends.
I NDICATOR IN ACTION
BTCUSD
EURUSD
GOLD
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
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 continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Y our feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
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 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!
Borjas Tarh RangerBorjas Tarh Ranger
This indicator has a Light ( Low TF ) and a Heavy ( High TF ) lines which are based on Stochastic Calculations.
Best used for Ranging price action .
Light > 80 => Purple Color
Light < 20 => Aqua Color
The Heavy can be Support or Resistance for the Light. Also, you could spot Divergences on both of them.
Besides, the EMA can be used for Support and Resistance as well but the Heavy has more weight than the EMA .
© mrhashem
© Borjas Tarh Company
How to pirnt out siganl price on candleHi, this is Yong from Mby_lab
this codes explain how print out signal price on candles.
only working on 4H timeframe.
Core code based on 3H timeframe so This time close show on 4H, realtime close.
if 3H close fixed, then it will show on 4H line break style and this is not show twice on candle cause like this
When 3H closed / 4H = realtime
4H closed / 3H = realtime
then like this
3am close show 4am candle
6am close show next 4H candle for 8am~
..
.....
enjoy this!
this codes can help solve timeframe / security issues.
//
StOrc
Combining both Stochastic and Stochastic RSI for better data consolidation for more accurate user analysis
The big shortCreated an indicator for overbought zone based on crossover to smooth moving average with RSI and STOCHASTIC for altcoin with alert condition so you can know before exit scam by big whales next time :)
Ultimate Gemstone‘’Ultimate Gemstone = best indicator to accurately predict price movement based on momentum’’
This indicator is combination of multiple indicators (RSI, Stoch, GM, Moving averages & CCI) works on all the trading assets and time frames. Accurately predicts top and bottoms ( tested on all major crypto's, stocks and forex).
Comes with 6 different presets with different calculations giving additional flexibility to the user.
"Instructions How To Use"
This indicator is based on four different moving lines depicting momentum; first line (Aqua) is a fast trend line, which reacts rapidly to existing price action, second line (Purple) is slower and takes more price action into account, while third line (Yellow) is the slowest and depicts overall trend. Additionally, CCI/EMA moving line with changing color's (red/green) acts as a another trend confirmation tool.
The three moving lines acts as support and resistance depending on there location to each other. Non-moving parts include fibonacci support and resistance (68.2 & 38.2) areas of the oscillator. Different caution (Red, Green dots & background flashes) settings based on GM indicator to help identify perfect buying and selling opportunities. Additionally, the oscillator has oversold, overbought, bullish and bearish control zones similar to RSI/Stoch oscillators. Similar to RSI/Stoch divergences and trendlines do also work on this oscillator. Other ways to use is Aqua line crossovers with the Purple line, giving hard buy/sell signals and Aqua(fast) line turning (angle change) indicating momentum is reversing.
Example 1: When faster moving line gets pulled into the medium and slower line (especially in the overbought territory of the oscillator) gives you indication to be prepared as most likely the price will go down. Perfectly called Bitcoin top in 2017.
Example 2: BTC bottom in dec2018 and start of new trend in feb2019
Example 3 BTC Top in june2019
Example 4 works across all time frames, Recent BTC price action from 6500 to 7700.
Example 5 LINKBTC daily
Double Smoothed Stochastic RSI [ChuckBanger]This is a double smoothed stochastic RSI . Stoch RSI is a very good indicator but it can sometimes give the trader false indications because of its jagged (noisy) motion. There is a lot of filters out there that can give a good result but it very often it also adds unacceptable lag. And lag is delaying your decision-making.
This filter is ideal to clean up common technical indicators like stoch RSI , Willams %R or whatever your favorite oscillator you have. The chart here is just an example for demonstrating purposes. But it gives the user a visual representation of how it can look like. And it works on all time frames and markets you can think of...
[Stochastic, MACD - Double-Cross] – Signal (Expo)Stochastic, MACD – Signal (Expo)
DESCRIPTION
This indicator is pairing the Stochastic and MACD and creates a variant of the famous Double Cross Strategy . The indicator is entirely built upon traditional Stochastic and MACD calculations.
This indicator has built-in flexibility that allows you to determine the interval in which stochastic has to be in. It gives you the opportunity to decide if you only want to have trend signals or also want to have market change signals.
HOW TO USE
1. Determine in which interval stochastics has to be in: (Above X and Below Y)
• "The Oversold-value should be above X." A higher value is used in positive trends. A lower value is used when the market is trading in a range or when there is higher volatility. Lower value has the ability to capture market changes.
•" The Overbought-value should be below Y." This value sets the upper limit so that a signal doesn’t appear when stochastic is overbought.
2. Combine the indicator with the original MACD indicator. In order to confirm the momentum.
3. When a signal appears, consider Enter the market.
INDICATOR IN ACTION
USDJPY
BTCUSD
BTCUSD
Dow Jones Industrial Average Index
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 continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
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 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!
Stochastic - Signal (Expo)Stochastic - Signal (Expo)
DESCRIPTION
Stochastic is a popular momentum indicator that is built around the assumption that in an uptrend the price close near the high and in a downtrend the price close near the low. By calculating stochastic in this way gives the opportunity to see price momentum and price changes.
THIS INDICATOR PLOTS STOCHASTIC-SIGNALS and makes use of the standard calculation of Stochastic. The indicator has built-in flexibility that allows you to determine the oversold/overbought value and CrossOver/CrossUnder value of Stochastic. This enables you to fit the values to the current market characteristics.
HOW TO USE
1. Determine the oversold and overbought value depending on current market characteristics
2. Determine the CrossOver and CrossUnder value depending on current market characteristics
3. When the signal appears, consider Enter the market.
INDICATOR IN ACTION
Wall Street This setting on the indicator enables you to follow trends!
AMZN
Dow Jones Industrial Average Index
GOLD
DIVERGENCES
All types of momentum oscillator indicators produce divergences and so does Stochastics. Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high.
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 continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE FREE INDICATOR
• Contact me on TradingView or use the links below
-----------------
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 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!
Stochastic Delta PivotsBased on stochastics converging and diverging, identifying pivot points to detect early momentum changes.
DiNapoli Stochastic PredictorStochastic Predictor is a brand new development to the toolkit of DiNapoli traders.
This indicator allows us to identify the price points at which the Stochastic might shift. These points often operate as Support and Resistance.
If you'd like to subscribe to this one or other DiNapoli indicators, please drop me a private message.
LEAN ChangeLEAN = Difference between %K and %D values of stochastic
Change in LEAN is plotted over the bar as a "Circle"
RED Circle => LEAN is decreased from previous value
GREEN Circle => LEAN is increased from previous value
Value of LEAN can be viewed at data window.
Lane's Stochastics (yasujiy)This script is original Lane's Stochastics.
Default script uses SMA for %D, but this %D is calculated separately numerator and denominator.
GBP CopperThis is copper prices in GBP.
After noticing that the FTSE100 shot up in March 2018 very sharply and continued into May while the rest of the world seemed to take its time carrying on until September while the FTSE fell back after its May peak, I wonder if the price of copper had any effect.
So here's the price of Copper in GBP.
TradingView Alerts to MT4 MT5 + dynamic variables NON-REPAINTINGAccidentally, I’m sharing open-source profitable Forex strategy. Accidentally, because this was aimed to be purely educational material. A few days ago TradingView released a very powerful feature of dynamic values from PineScript now being allowed to be passed in Alerts. And thanks to TradingConnector, they could be instantly executed in MT4 or MT5 platform of any broker in the world. So yeah - TradingConnector works with indices and commodities, too.
The logic of this EURUSD 6h strategy is very simple - it is based on Stochastic crossovers with stop-loss set under most recent pivot point. Setting stop-loss with surgical precision is possible exactly thanks to allowance of dynamic values in alerts. TradingConnector has been also upgraded to take advantage of these dynamic values and it now enables executing trades with pre-calculated stop-loss, take-profit, as well as stop and limit orders.
Another fresh feature of TradingConnector, is closing positions only partly - provided that the broker allows it, of course. A position needs to have trade_id specified at entry, referred to in further alerts with partial closing. Detailed spec of alerts syntax and functionalities can be found at TradingConnector website. How to include dynamic variables in alert messages can be seen at the very end of the script in alertcondition() calls.
The strategy also takes commission into consideration.
Slippage is intentionally left at 0. Due to shorter than 1 second delivery time of TradingConnector, slippage is practically non-existing. This can be achieved especially if you’re using VPS server, hosted in the same datacenter as your brokers’ servers. I am using such setup, it is doable. Small slippage and spread is already included in commission value.
This strategy is NON-REPAINTING and uses NO TRAILING-STOP or any other feature known to be faulty in TradingView backtester. Does it make this strategy bulletproof and 100% success-guaranteed? Hell no! Remember the no.1 rule of backtesting - no matter how profitable and good looking a script is, it only tells about the past. There is zero guarantee the same strategy will get similar results in the future.
To turn this script into study so that alerts can be produced, do 2 things:
1. comment “strategy” line at the beginning and uncomment “study” line
2. comment lines 54-59 and uncomment lines 62-65.
Then add script to the chart and configure alerts.
This script was build for educational purposes only.
Certainly this is not financial advice. Anybody using this script or any of its parts in any way, must be aware of high risks connected with trading.
Thanks @LucF and @a.tesla2018 for helping me with code fixes :)
Apirine Stochastic MACD w/ MA Selection by Cryptorhythms📊 Apirine Stochastic MACD w/ MA Selection by Cryptorhythms
Intro
Had to re-release due to moderation.
This happens to be my first open source indicator, hope you all enjoy it!
Description
This indicated is ported from November 2019 issue of TASC. “The Stochastic MACD Oscillator” in this issue, author Vitali Apirine introduces a new indicator created by combining the stochastic oscillator and the MACD . He describes the new indicator as a momentum oscillator and explains that it allows the trader to define overbought and oversold levels similar to the classic stochastic but based on the MACD .
Options
-You can enable bar coloration for trade state (signal conditions setup in the "long" and "short" variables).
-You can choose histogram or columns for the convergence/divergence display.
-You can turn on/off and adjust the overbought / oversold zones.
-You can choose what type of moving average to use in the calculation from a small selection of options. This gives you more flexibility to adapt the indicator to your needs.
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 70th script on Tradingview!
🤐Check my Signature for other information
