LINEdicator - Trendanalysis toolThis indicator creates an trend channel based on an EMA/SMA combo and a Parabolc SAR indicator.
Watch for the peaks and the size of the red/green channel for possible trend change.
Can also be used as an Entry/Exit/Stop-Loss setting tool.
Trend
STOCHASTIC-RSI / RSI AREASAn easy Stochastic-RSI and RSI combined to show oversold and overbought areas.
market phases - JDThis indicator shows the relation of price against different period ma's.
When put in daily Timeframe it gives the 1400 Day (= 200 Weekly) and the 200 ,100 an 50 Daily.
The lines show the 200,100 and 50 ma in relation to the 1400 ma.
JD.
#NotTradingAdvice #DYOR
CryptoCoyns MACDS [v2018-12-10]CryptoCoyns MACDS
This indicator implements a standard Moving Average Convergance / Divergance
that works on any chart timeframe. It shows the strength of the current trend.
MACD Crosses are highlighted with yellow circles to make them more obvious.
Strength is indicated by histogram colours moving from Red (weak) through to Light Green (strong):
Red indicates a strong down trend
Yellow indicates a positive change is coming and moving out of a downtrend.
Green indicates a weakening upward trend moving towards a change to a downward trend.
Light Green indicates a strong upward trend
All colours are fully configurable.
If you get some value out of this indicator please consider making
a small donation to my favourite charity the Save the Children's Fund.
Every donation will make a difference to the lives of children.
All donations over $2 are tax deductible. You can donate here:
savethechildrenfundraising.org.au
Copyright (c) 2018, Grant Cause aka CryptoCoyns
Repulsion Moving Average - Least Crosses MAA Moving Average With Less Whipsaws Signals
The cross of the price with a moving average is one of the easiest strategy in technical analysis and could have worked if market price wasn't so noisy (In general periods of 1 to 20 produces the most whipsaws) . So it is possible to create a moving average who can manage to escape those noisy periods and produce 0 whipsaws ?
This question was asked by one of my work colleagues and i responded : "well... almost 0".
The Motion Of A Moving Average
Moving Average estimate the Trend and will always have phase shift, they will still follow the price and cross it during high volatility or low volatility periods, and when a moving average cross the price during a low volatility period you can expect lot of crosses.
In order to fix this behaviour a simple calculation exist :
FixMa = LongPeriodMA + MediumPeriodMA - ShortPeriodMA
We can see things in that way, the medium term MA is high pass filtered (subtracted) with a short term MA and the result is summed to a long term MA. We give more reactivity to our long term MA and thus creating some kind of repulsion motion with the price. Of course this can sometimes make the filter kinda zero-lag to some price periods (when the long term MA is near the price) .
Comparison
In red a simple moving average of period 100 and in blue our repulsion moving average :
In the image the short term moving average period is 100, since the long term period of the moving average is equal to short term x 3 you could be interested to look at the comparison of our moving average with the actual long term moving average :
Less crosses, i think you can see it.
Something to notice is that its always a tradeoff between Signal Speed and Signal Numbers , a classic moving average create faster signals but also a high numbers of them, a classic trailing stop create less signals but slowest ones, our moving average is some kind of average between those indicators.
Improvement Methods - Choice of The Filter/More Terms
A bad behaviour of our filter can be fixed by using filters who tend to create less crosses with the price or by developing the formula of our filter by adding more terms as follow :
fixma = ma(Price,a) + ma(Price,b) + ma(Price,c) - ma(Price,d) - ma(Price,e)
where a > b > c > d > e . The number of subtractive terms is equal to the number of summing terms - 1.
Way To Use
This indicator can be used like any moving average with cross strategy. Can also be used as a trailing stop.
No tests have been made proving that this indicator provide support and resistance levels, such signals come from more centered indicators.
Hope you enjoy
For any questions/demands feel free to pm me, i would be happy to help you :)
New Choppiness IndexThis script tries to identify trending regions and ranging choppy regions.
Green areas are trends; Red areas are consolidation areas.
If you are a trend follower trader you should focus on green areas;
If you are a harmonic pattern trader you should focus on red areas.
I did not play with the parameters extensively, but as a rule of thumb higher parameters
helps on long term trades.
This tool seems to work better for major currencies pairs, presumably due to the
high exchanged volumes that reduces weird fluctuations.
Good set of parameters are:
(55, 9) the default ones, doing impressively well in EURUSD Daily;
(8, 5) doing well in GBPCHF Daily, short trades to be set at lower timeframes.
Happy trading,
vitelot/yanez/Vts
January 2019
Hitting the like button is a free sign of gratitude.
Ichimoku A/D Breakoutthis is basically a clone of the super a/d indicator but we're using a standard ichimoku as the source for the trend instead of the supertrend indicator
Heiken-Ashi Direction Bias BlocksThis script adds red/green blocks to the top of every chart that show the current daily Heiken Ashi candle colour, so even when you're on a 1h or 4h chart you can quickly see if the current day is bullish or bearish. The higher timeframe is customisable too, so if you prefer to use weekly HA values, then now's your time to shine.
Useful for quickly going through charts without having to load the daily HA chart each time.
Trend Follower With Help of Donchian Channels - TFWHDCThis is a simple Day Trade indicator, but can be used for swing and long term trades.
It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows.
The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout occurs the current and the next bars are colored red (default). This way this indicator can show if its an uptrend or a downtrend.
I hope this indicator will be useful for many traders!
Thank you!
TBCRI - Trend Bar Color Reversal IndicatorAn idea I had today morning so I had to write. It seems to detect trends well. It has three phases like a semaphor, painting the chart bars of green, yellow or red.
=== Bar Color Meaning ===
Green: uptrend
Yellow: don't care
Red: downtrend
I think it can be useful!
Thanks!
Retention-Acceleration FilterAnother Adaptive Filter
This indicator share the same structure as a classic adaptive filter using an exponential window with a smoothing constant.
However the smoothing constant used is different than any previously made (Kalman Gain, Efficiency ratio, Scaled Fractal Dimension Index) ,
here the smoothing constant is inspired by the different formulations for parameters resolution used in HPLC S. Said (J. High Resolution Chromatograpy &Chromatography Communciations, (1979) 193).
Different assumptions can be made which lead to different expressions for resolution in chromatographic parameters, therefore we will use highest's and lowest's in order to estimate an optimal smoothing constant based on if the market is trending or not. It can be complicated at first but the goal is to provide both smoothness at the right time and a fast estimation of the market center.
Handling Noise
In Red a Pure Sinewave. In White Sinewave + Noise. In Blue our filter of Period 3
Handling stationary signals is not the best thing to do since we need highest's and lowest's and for that non stationary signals with trend + cycle + noise are more suitable.
It is also possible to make it act faster by quiting the pow() function of AltK with sqrt(length) and smoothing the remaining constant.
red-sell green-buyThis indicator is hybrid of some indicator with some modification
The system is very simple (red sell, green buy )
you can use ATR system , part of price system or traditional system . and for each time frame that you use set the TF =tf to same time frame or higher then the frame that you use
Its has many nice functions
but in basic it show you the up trend of the bears compare to the bulls
This is example on same tf with part of price method
here example of using TF 240 over 60 min
Synergy StatsSynergy Stats
This indicator is intended to complement the Synergy indicator. It provides the following statistics:
A percentage showing how often the two assets move in the opposite direction over a given lookback period.
Similarly, another percentage showing how often the two assets move in the same direction over the same lookback period.
Count the number of times (occurrences) when the two assets move in the same direction for more than 4 bars.
Count the number of times the alternative asset moves more than x%
Count the number of times that chart asset moved in the same direction of the alternative asset when the alternative asset moved more than x%
Both indicators were developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation.
The full free post can be found here: backtest-rookies.com
SynergySynergy
This indicator was developed for use in an investigation/tutorial using Pine Script to analyse Gold and US Dollar Index correlation.
The first indicator shall measure the percentage change between the open and close of each bar and compare it to the same percentage change of an alternative asset. Additionally, we shall color the background when the two assets move in the same direction. This should allow us to more easily see when the two assets move together and spot trends in their moment.
The yellow bars show use the percentage change in the price of gold. The blue bars show the percentage change in the price of the US Dollar index. If the bar is above zero, it means that the asset closed up. Conversely, if it is below zero, it means the asset closed down. Finally, the grey bars show bars in which the two assets closed in the same direction.
It can be used in conjunction with a second indicator (to be published soon) that provides statistics generated from this indicator.
The full free post can be found here: backtest-rookies.com
MA + EMA Crossover Strategy EMA and MA crossovers are good signals fo trend reversal
You can look at my other scripts.
www.tradingview.com
If you want to ask something, you can message me.