[volfgang] WAVEA compass to the financial charts.
The Volfgang WAVE Indicator helps you to decode complex market trends and make informed decisions in your trading.
Quick Summary
The WAVE has a signal line which alternates between Red or Blue.
Red is bearish and Blue is bullish.
It turns Blue when the WAVE line crosses above the signal and holds for 1 bar.
it turns Red when the WAVE line crosses below the signal and holds for 1 bar.
(You can change the signal line’s length in the settings, the default is 3 which is suited towards Day Trading – For Swing Traders I recommend 4 or 5 – For Investors 6 to 9).
The WAVE line will change colour to alert you when price is potentially pivoting.
When the WAVE is WHITE, the trend is currently Bearish but could flip bullish soon.
When the WAVE is GREEN, the trend is Bullish and there is strong Bullish momentum.
When the WAVE is ORANGE, it means trend is bullish but there is danger of a Bearish Reversal.
When the WAVE is PINK it means there is strong Bearish Momentum.
WAVETrend Scanner
The WAVETrend Scanner can be enabled in the settings and gives you a quick overview of the current trend across 8 potential timeframes:
You can use this to make sure the trades you are taking on lower timeframes align with the current bias on higher term timeframes, thus ensuring a higher chance of success.
WAVE Colours
The background colour of the WAVE also changes according to the current trend across multiple timeframes. The scanner is constantly measuring the current trend across 7 timeframes;
When 4 timeframes line up Bullish, the WAVE is LIGHT BLUE (Cyan)
When 5 timeframes line up Bullish, the WAVE is DARK BLUE (Navy)
When 6+ timeframes line up Bullish, the WAVE is GREEN
When 4 timeframes line up Bearish, the WAVE is ORANGE
When 5 timeframes line up Bearish, the WAVE is RED
When 6+ timeframes line up Bearish, the WAVE is PINK
Divergence Checker & Buy/Sell Signals
The BUY and SELL Signals are represented by a BLUE or RED Histogram line that extends from the WAVE to the 0 Line.
A BUY signal shows when a Crossover occurs & there is a Bullish Diversion Present within the last 50 bars.
A SELL signal appears when a Crossunder occurs & there is Bearish Diversion present within the last 50 bars.
You can change the length of the Divergence Checker in the settings, default is 50 bars.
Under The Hood
The WAVE pulls information from multiple sources within a set period such as;
Close Price
Highest Price
Lowest Price
EMA
The script applies a set of complicated algebraic equations. Which essentially measures the and of recent price action.
Then it uses EMA's to measure from the and , whilst applying more weight to recent price action.
The functions then calculate more averages which measure the difference from and .
Next, it uses all of these calculated averages to create a value that represents the current WAVE condition. This calculation will determine whether the WAVE is in a bullish or bearish trend.
This sum is then smoothed out to get one more value, which is used to display the info box content that allows us to see exactly at what price the WAVE will keep rising or keep falling.
One final calculation also predicts the point at which the WAVE will flip trend. It uses similar calculations to the "Keep Rising/Falling" prediction function, but its aim is to predict the exact price at which the WAVE will cross.
What gives the WAVE indicator an edge over most Stochastic Indicators, is how it uses Pinescript's "request.security" function to pull information from multiple timeframes in order to generate plots, info data and colours to add much more relevant information to the chart which you can use to make informed trading decisions. This is what allows the WAVETrend Scanner to work.
The WAVE indicator is designed to work with all markets and asset types.
Kriptopara
BBO-ALPHA-PHANTOMHello friends, this is the second time I am publishing this script, hopefully the description will be sufficient and you can use it reliably.
Script Description:
The script consists of several indicators and generates buy and sell signals based on their calculations. Here's a breakdown of the functions and indicators used in the script:
Moving Average Convergence Divergence (MACD):
Fast Length: The number of periods used for calculating the fast moving average.
Slow Length: The number of periods used for calculating the slow moving average.
Source: The price source used for calculations (default is the closing price).
Signal Smoothing: The number of periods used for smoothing the signal line.
Oscillator MA Type: The type of moving average used for the oscillator line (default is Exponential Moving Average).
Signal Line MA Type: The type of moving average used for the signal line (default is Exponential Moving Average).
Benefit: MACD is a trend-following momentum indicator that helps identify potential trend reversals, bullish or bearish market conditions, and generate buy and sell signals based on the crossovers of the oscillator and signal lines.
Relative Strength Index (RSI):
RSI Length: The number of periods used for calculating RSI.
RSI Source: The price source used for RSI calculations (default is (high + low + close) / 3).
MA Type: The type of moving average used for smoothing RSI values (default is Simple Moving Average).
MA Length: The number of periods used for smoothing RSI values.
Benefit: RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought and oversold conditions, potential trend reversals, and generate buy and sell signals based on the crossovers of RSI and its moving average.
Money Flow Index (MFI):
MFI Length: The number of periods used for calculating MFI.
Source: The price source used for MFI calculations (default is (high + low + close) / 3).
Benefit: MFI is a momentum indicator that uses both price and volume data to measure buying and selling pressure. It helps identify overbought and oversold conditions and potential trend reversals.
Directional Movement Index (DMI):
Signal Length: The number of periods used for smoothing the ADX line.
Length: The number of periods used for calculating DMI.
Benefit: DMI consists of three lines: ADX, +DI (Plus Directional Indicator), and -DI (Minus Directional Indicator). ADX measures the strength of a trend, while +DI and -DI indicate the direction of the trend. DMI helps identify trend strength, trend direction, and potential trend reversals.
Stochastic Oscillator:
SmoothK: The number of periods used for smoothing %K line.
SmoothD: The number of periods used for smoothing %D line.
Length RSI: The number of periods used for calculating RSI within Stochastic.
Length Stoch: The number of periods used for calculating Stochastic.
Benefit: Stochastic Oscillator is a momentum indicator that compares the closing price of an asset to its price range over a specific period. It helps identify overbought and oversold conditions and potential trend reversals.
Moving Averages (MA):
MA50: Simple Moving Average with a length of 50 periods.
MA200: Simple Moving Average with a length of 200 periods.
Benefit: Moving averages are commonly used to
Advantages of the script compared to common indicators:
Comprehensive analysis: The script combines several indicators such as MACD, RSI, MFI, DMI, Stochastic Oscillator and Moving Averages. It thus provides a broader and more comprehensive view of the market and its development.
Synergy of indicators: Using multiple indicators increases the reliability and confirmation of signals. Combining different indicators can provide potentially stronger and more accurate signals of a trend change.
Identifying Oversold and Overbought Levels: RSI, MFI and Stochastic Oscillator are used to identify oversold and overbought levels in the market. This can help uncover opportunities to buy or sell in line with these levels.
Identifying trends and their strength: DMI and Moving Averages help identify trends in the market and provide information about their strength. This can help traders in deciding the appropriate time to enter and exit the market.
Early signal generation: The script generates signals based on a combination of various indicators, which can help traders identify potential trading opportunities at an early stage.
The main thing for me is that it helps me from overtrading, I only trade when I get an alert or see it on the chart. I recommend
I find it best to trade in the 1h and 2h time frame. The shorter ones like 15min and 30min are perfect for me to get out of the position.
It is important to note that no indicator guarantees 100% accuracy in generating signals and trading on financial
Volume Accumulation Oscillator (VAO)The Volume Accumulation Oscillator (VAO) is a powerful momentum-based indicator designed to assess the strength of volume accumulation in a given asset. It helps traders identify periods of intense buying or selling pressure and potential trend reversals.
The VAO calculates the Net Volume Accumulation (NVA) by considering the volume, open, close, high, and low prices. It then applies exponential moving averages (EMAs) to smooth the NVA and calculates the VAO by comparing the smoothed NVA with its EMA over a specified signal period.
The VAO is plotted as a line chart, providing a clear visual representation of its values. Positive VAO values indicate strong bullish volume accumulation, suggesting potential upward price movement. Conversely, negative VAO values indicate significant selling pressure and the possibility of a downtrend.
To enhance the analysis, the indicator includes reference levels such as the zero line and +/-1 levels. These levels serve as important reference points for interpreting the VAO values and identifying key turning points in the market.
Additionally, the VAO histogram is included, which further illustrates the strength and direction of volume accumulation. The histogram bars are color-coded, with green bars representing positive VAO values and red bars representing negative VAO values.
The Volume Accumulation Oscillator is a versatile tool that can be used in various trading strategies. Traders can look for divergences between the VAO and the price chart to identify potential trend reversals. Combining the VAO with other technical analysis techniques can provide valuable insights into market dynamics and help traders make informed trading decisions.
Note: It is recommended to customize the indicator's parameters and conduct thorough backtesting to align it with your specific trading strategy and preferences before using it for live trading.
Disclaimer: This indicator is provided for educational and informational purposes only. Trading involves risks, and it is important to exercise caution and conduct your own analysis before making any investment decisions.
Buy/Sell singal with RSI, MA, RSI DIV1. Overview
I'll explain a strategy that uses the simple but powerful technical analysis techniques RSI, MA, VOLUME, and RSI Divergence to identify Buy/Sell signals. This strategy utilizes Pine Script of TradingView.
Our strategy is based on four fundamental components.
- RSI (Relative Strength Index)
- MA (Moving Averages)
- Volume
- RSI Divergence
By using these four techniques together, we can find potential buy/sell signals.
2. Code Interpretation
To understand the TradingView code we used, let's examine each section one by one.
- RSI Calculation: RSI is a technical indicator that measures the relative strength of a price and is often used to identify overbought or oversold conditions. In our code, we calculate the RSI over a given period.
- Moving Averages: This code calculates short-term and long-term moving averages. Moving averages represent the average price over a specific period and are used to identify long-term price trends. Their intersections are considered potential buy/sell signals.
- RSI Divergence: RSI divergence represents a mismatch between the price trend and the RSI trend. It occurs when the price makes a new high or low, but the RSI does not. This indicates a weakening of the price trend and is considered a powerful signal of trend change.
- Volume Calculation: When the volume of transactions occurring during a specific period is x times more than the average volume, it is considered a signal of trend change.
- Buy/Sell Signals: Each technical indicator generates buy or sell signals. These signals are marked as labels on the chart. In our strategy, buy/sell signals are generated when the RSI exits overbought or oversold zones, when the moving averages cross, and when RSI divergence occurs.
3. Signal Detection
3.1 Buy/Sell Signals Using RSI
The RSI indicator has a value between 0 and 100, with values over 70 generally considered the overbought zone and those under 30 as the oversold zone.
A buy signal is generated when the RSI rises from the oversold zone.
Conversely, a sell signal is generated when the RSI falls from the overbought zone.
3.2 Detecting Buy/Sell Signals Through Moving Average Crosses
Moving averages help identify price trends.
A buy signal is generated when the short-term moving average crosses the long-term moving average upward.
Conversely, a sell signal is generated when the short-term moving average crosses the long-term moving average downward.
The color of each bar can be changed according to each signal.
3.3 Detecting Signals When Volume is X Times Higher Than Average
When the volume is x times higher than average, a marker is placed above each bar.
A green marker is displayed when the buy volume is high.
A red marker is displayed when the sell volume is high.
4. Conclusion
This technical analysis strategy is very simple but effective. Using RSI, moving averages, volume, and RSI divergence, you can find effective buy/sell signals.
By leveraging Pine Script in TradingView, you can easily apply this strategy and find signals in real-time.
Always remember that risk management is important in trading. This strategy may not be effective in all market conditions, so always use appropriate risk management strategies alongside it.
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1. 개요
간단하지만 강력한 기술적 분석 전략인 RSI, MA, VOLUME, RSI Divergence를 사용한 Buy/Sell 신호 표시 전략에 대해 설명드리겠습니다.
이 전략은 트레이딩뷰의 Pine Script를 활용합니다.
우리의 전략은 다음 네 가지 기본 구성 요소에 기반합니다.
- RSI (Relative Strength Index)
- MA (Moving Averages)
- 거래량
- RSI Divergence
이 네 가지 기법을 함께 사용하여 잠재적인 매수/매도 신호를 찾아냅니다.
2. 코드 해석
우리가 사용한 트레이딩뷰 코드를 이해하기 위해 각 섹션을 하나씩 살펴보겠습니다.
RSI 계산: RSI는 가격의 상대적 강도를 측정하는 기술적 지표로, 과매수 또는 과매도 조건을 식별하는 데 자주 사용됩니다. 우리의 코드에서는 주어진 기간 동안의 RSI를 계산합니다.
이동평균: 이 코드에서는 단기 이동평균과 장기 이동평균을 계산합니다. 이동평균은 특정 기간 동안의 가격 평균을 나타내며, 가격의 장기적인 트렌드를 식별하는 데 사용됩니다. 이들의 교차점은 잠재적인 매수/매도 신호로 간주됩니다.
RSI Divergence: RSI 다이버전스는 가격 추세와 RSI 추세 사이의 불일치를 나타냅니다. 가격이 새로운 고점 또는 저점을 만들면서 RSI가 그렇지 않을 때 발생합니다. 이것은 가격 트렌드의 약화를 나타내며 강력한 트렌드 변화 신호로 간주됩니다.
VOLUME 계산 : 특정 구간동안의 평균 거래량보다 x배 이상 거래량이 많이 발생하였을때 트렌드 변화 신호로 간주됩니다.
매수/매도 신호: 각 기술적 지표는 매수 또는 매도 신호를 생성합니다. 이러한 신호는 차트에 라벨로 표시됩니다. 우리의 전략에서는 RSI가 과매도 또는 과매수 영역을 벗어날 때, 이동평균이 교차할 때, 그리고 RSI 다이버전스가 발생할 때 매수/매도 신호를 생성합니다.
3. 신호 감지
3.1 RSI를 활용한 매수/매도 신호
RSI 지표는 0에서 100 사이의 값을 가지며, 일반적으로 70 이상은 과매수 영역, 30 이하는 과매도 영역으로 간주됩니다.
과매도 영역에서 RSI가 상승하면 매수 신호가 생성됩니다.
반대로, 과매수 영역에서 RSI가 하락하면 매도 신호가 생성됩니다.
3.2 이동평균 교차로 매수/매도 신호 감지
이동평균은 가격의 트렌드를 식별하는 데 도움이 됩니다.
단기 이동평균이 장기 이동평균을 상승으로 교차하면 매수 신호가 생성됩니다.
반대로, 단기 이동평균이 장기 이동평균을 하락으로 교차하면 매도 신호가 생성됩니다.
각 신호에 따라 해당 봉의 색깔도 변경할 수 있습니다.
3.3 평균 거래량보다 x배 이상 거래량이 발생했을 때 신호 감지
평균 거래량보다 x배 이상 거래량이 발생했을 때 각 봉 위에 표시가 됩니다.
매수 거래량이 많을 경우 초록색으로 표시가 됩니다.
매도 거래량이 많을 경우 빨간색으로 표시가 됩니다.
* 모든 기준이 되는 수치와 색상은 설정에서 개인의 취향에 맞게 설정 가능합니다.
4. 결론
이 기술적 분석 전략은 매우 간단하지만 효과적입니다. RSI, 이동평균, 거래량, RSI 다이버전스를 사용하여 효과적인 매수/매도 신호를 찾을 수 있습니다.
트레이딩뷰의 Pine Script를 활용하여 이 전략을 쉽게 적용하고, 실시간으로 신호를 찾아낼 수 있습니다.
항상 거래에 있어서는 리스크 관리가 중요하다는 점을 명심하십시오. 이 전략이 모든 시장 상황에 효과적이지는 않을 수 있으므로, 항상 적절한 리스크 관리 전략을 함께 사용해야 합니다.
Crypto Trend IndicatorThe Crypto Trend Indicator is a trend-following indicator specifically designed to identify bullish and bearish trends in the price of Bitcoin, and other cryptocurrencies. This indicator doesn't provide explicit instructions on when to buy or sell, but rather offers an understanding of whether the trend is bullish or bearish. It's important to note that this indicator is only useful for trend trading.
The band is a visual representation of the 30-day and 60-day Exponential Moving Average (EMA). When the 30-day EMA is above the 60-day EMA, the trend is bullish and the band is green. When the 30-day EMA is below the 60-day EMA, the trend is bearish and the band is red. When the 30-day EMA starts to converge with the 60-day EMA, the trend is neutral and the band is grey.
The line is a visual representation of the 20-week Simple Moving Average (SMA) in the daily timeframe. "Bull" and "Bear" signals are generated when the 20-day EMA is either above or below the 20-week SMA, in conjunction with a bullish or bearish trend. When the band is green and the 20-day EMA is above the 20-week SMA, a “Bull” signal emerges. When the band is red and the 20-day EMA is below the 20-week SMA, a “Bear” signal emerges. The 20-week SMA can potentially also function as a leading indicator, as substantial price deviations from the SMA typically indicate an overextended market.
While this indicator has traditionally identified bullish and bearish trends in various cryptocurrency assets, past performance does not guarantee future results. Therefore, it is advisable to supplement this indicator with other technical tools. For instance, range-bound indicators can greatly improve the decision-making process when planning for entries and exits points.
Hani angle support and resistanceBy examining the intersections of the average price in the past, this indicator identifies points as support and resistance, according to which it determines a diagonal line to the last average price in the future.
As you can see in the picture, these points are more important than floors and ceilings, and they can be cited more
According to the 360-period cycles of the market, it has the best performance
In this indicator, there are two lines that show the average price in different periods.
Ingulf candles and the pattern of three return candles are used for the signal
In the scalp model, the pattern of three consecutive candles and one engulfing candle is used
In the model of circles, Engulfing candle is also used according to algo
By default, this stop loss calculation is twice the size of the signal candle, which you can change according to the type of transaction.
Enter the amount of your balance and change the amount of contract size according to the currency
For example, the contract size is Bitcoin (1) and the contract size is EURUSD (100,000) and XAUUSD (100) and enter the amount of risk in each transaction.
At the time of the signal, you will see the exact size required to enter the transaction (not including the commission, because each exchange has a different commission and a different spread).
For a better view of the market, you can pay special attention to the distance and angle of the two lines.
Support and resistance lines are continuously displayed for 500 candles to be considered in the future of the market
This indicator requires basic knowledge of candlestick and it is better for the trader to make the final decision according to the market situation. However, an alarm has also been set that sends the stop loss amount for use in the web hook.
The price at the moment of the signal is also alarmed for comparison so that the signal can be compared at the time of the alarm.
The size of the ATR band is used to measure the wave if the waves are large enough to send cleaner signals.
The green label: distance between the last intersection and the average price.
The yellow label: distance between two periods of the average price
White label: lot size to enter the market
pink label: ATR size
Bitcoin SOPR HeatmapSOPR (spent output profit ratio) is a metric, provided by Glassnode to measure if most BTC are moved in profit or in loss. The higher SOPR is, the more profits are realized (theoretically) and vice versa.
This indicator shows SOPR visually as a heatmap directly on the Bitcoin chart.
Cold temperatures (blue, purple) show bear markets. Bear market peaks should be visible in dark purple.
Hot temperatues (yellow, red) show bull markets. Hype phases should be visible in red.
I recommend to hide chart when using the indicator. Otherwise you can also enlarge the heatmap in the settings.
The indicator works best on BTCUSD standard charts on daily timeframe. Otherwise you will see an error message.
Degen IndicatorThis indicator uses candle patterns I have identified by studying cryptocurrency charts. The main goal is to help you tune out noise and price swings so you are better able to trade with the trend. If you can trade with the trend you will be profitable. Don’t fight the trend.
Signals:
Orange T with Orange Bar - Top
Grey T - Weak Top
Orange P - Pause (Minimal pullback expected before additional upside)
Grey B - Weak Bottom
Green B - Possible Bottom
Blue B with Blue Bar - Likely Bottom
Grey D - Weak Dump
Pink D - Possible Dump
Red D - Likely Dump
Bar Colors:
Grey Green #699969 (Slightly Bullish)
Green #2ca02c (Bullish)
Bright Green #00ff00 (Strong Bullish)
Light Pink #cf6666 (Slightly Bearish)
Red #d62728 (Bearish)
Bright Red #ff0000 (Strong Bearish)
Orange Top #ff9800 (Local price maximum)
Blue Bottom #0066ff (Local price minimum)
Recommended Settings:
Change the Body and the Wick to be Grey. Deselect Border.
Purpose:
Making the default bar colors Grey will help you tune into the trend. Look for clusters of candles where only one non Grey color is present. If there are 3 - 5 or more of the same color also pay attention to the size of the candles. You can see the strength of the moves if they are growing or shrinking in size. Oftentimes a trend will end with an Engulfing Candle after a cluster of candles with the other color. Use this as a sign to exit your position and/or enter a new position.
Advice:
Start on HTF and find the clusters of Tops and Bottoms. Dial into lower timeframes to find the local Tops and Bottoms for entry points. Look for clusters of signals. Be ready for one candle to signify a change in the trend then look for confirmation with additional candles. Do not think about Tops or Bottoms as absolutes. A Top that gets beat with a Bullish Engulfing candle is telling you the Bullish strength is strong. Do not short Grey D’s. Do not long Grey B’s. As always, use these signals in conjunction with your other preferred methods of trading to find confluence and trade with the trend. On LTF this indicator will be very noisy. On HTF it will be more stable.
Logic:
Signals were developed by myself and subjected to extensive backtesting. Each signal uses various combinations of: candle names (Doji, Morning Star, Bearish Engulfing, Bullish Engulfing, etc), volume, price change as a percent, price change as an absolute number, length of the wick the open, close, high, and low candle values. The signals incorporate these values ranging from one candle prior to many candles prior attempting to predict the trend.
Logic not used:
Moving Averages, RSI, OBV, VPVR and Bollinger Bands.
[MiV] MA Screener v1.0In my trading I stick to the following strategy: I buy an asset above the 100/200 moving average and then sell it.
The most problematic thing in all this is to look for assets that are above the 100 or 200 moving average, and to assess how "far" the price is from that moving average.
In fact, to solve this problem I created this indicator.
It works with 30 different assets and displays the state of its two moving averages, whether the price is higher or not, and how much higher the price is from that level.
Trendmaster - Crypto Flow IndexWhat it is:
The Trendmaster Crypto Flow Index is a unique tool designed to give you an overview of the performance of different Crypto market sectors and sub-sectors. It helps you to identify where you should be focusing your investments for maximum portfolio efficiency and profitability.
What it does:
The Crypto Flow Index presents a visual overview of the flows of retail and institutional capital into the four main market sectors: Large Caps, Alts Coins, Shit Coins, and Stable Coins as well as several other sub-sectors. Each sector is assigned a "Flow Score", which indicates its current performance, demand, and strength in percentage terms. The "Flow Score" also provides insights into the current stage of the market cycle and the typical over and underperformances of assets that correlate to it. Additionally, the index factors in the sector have a "Correlation" to the broader market, allowing you to see the best sectors for trading and investing, either for positional hedging or differential plays.
How to Use it:
To use the Trendmaster Crypto Flow Index, you can simply observe the evolving colored line within the indicator and the table overview. You can identify which sectors are outperforming or underperforming the general market and make informed decisions about where to direct your focus and funds. By monitoring the transitions of Flow between sectors, you can gain invaluable insights into the market cycle and the typical over and underperformances of assets that correlate to it. This information will help you to maximize portfolio efficiency by targeting different market sectors based on their performance to the overall cryptocurrency market. The index covers different sectors, including Large caps, Alts, Shit, Stables, AI, Defi, Dex, Exchange, Gaming, Meme, Metaverse, Nft, Privacy, Smart, and Sports.
Examples of Cryptocurrencies represented in the different market sectors:
Large caps: The biggest market cap cryptocurrencies such as BTC and ETH.
Alts: High-cap and high-volume digital assets that are smaller than large caps, such as LTC and XRP.
Shit coins: Smaller cap projects that are highly speculative and experience significant price volatility, such as BAT and HOT.
Stables: Fiat-pegged assets that provide a stable value, such as USDT and USDC.
AI: Projects that are based on artificial intelligence, such as FET and AGIX.
DeFi: Leverages high volume smart contract platforms to provide financial products in crypto, mainly ERC20 tokens such as LINK and AAVE.
DEX: Decentralized exchanges with their own utility tokens, such as UNI and SUSHI.
Exchange: Centralized exchanges with their own utility tokens, such as BNB and CRO.
Gaming: Web3/crypto gaming platforms with their own utility tokens, such as AXS and GMT.
Meme: Similar to shit coins, but with no real functionality and based purely on social media and memes, such as DOGE and SHIB.
Metaverse: Projects that aim to provide Metaverse assets such as virtual land and assets, such as MANA and SAND.
NFT: Non-fungible tokens with their own token or NFT-based platforms that have their own utility tokens, such as APE and LOOKS.
Privacy: Anonymous and privacy-focused chains, such as XMR and ZEC.
Smart: Projects that provide smart contract alternatives to ETH, such as ADA and AVAX.
Sports: Fan tokens based on real-world sports teams or platforms that support and distribute them, such as CHZ and FLOW.
Short Term Bubble RiskThis risk indicator uses the extension of the closing price to the 20W SMA and displays a color-coded risk oscillator. The higher the oscillator is, the greater the short-term risk and vice-versa. This indicator has historically worked well for estimating the short-term risk of Bitcoin and Ethereum on a weekly timeframe.
Customizable Moving Average RibbonThis indicator is a highly customizable moving average ribbon with some unique features.
This script can utilize multiple unique sources, including a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the MA ribbon. Insignificant price movements will not cause a change in the plotted lines of the indicator unless a new threshold is breached or a "brick" is created. This is highly useful for quickly identifying consolidation areas or overall flat price movement.
There are two methods for selecting the box size when utilizing the renko source. Box size is critical for the overall function and efficacy of the plots you will visually see with this indicator. Box size is set automatically using the Average True Range "ATR" or manually using the "Traditional" setting. The simplest way to determine a manual box size is to take the ATR of the given instrument and round it to the nearest decimal place. As an example, if the ATR for the asset is 0.18, you would round that number to 0.2 and utilize this as your traditional box size.
The MA ribbon contains eleven adjustable moving average lines. Users can choose to turn off as many as they would like. Users can also adjust the length of the individual moving averages and the source for all moving averages. There are nine types of moving averages to choose from for the ribbon. The MA options are:
Exponential Moving Average = 'EMA'
Double Exponential Moving Average= 'DEMA'
Triple Exponential Moving Average = 'TEMA'
Simple Moving Average = 'SMA'
Relative Moving Average = 'RMA'
Volume Weighted Moving Average = 'VWMA'
Weighted Moving Average = 'WMA'
Smoothed Simple Moving Average = 'SSMA'
Hull Moving Average = 'HULL'
We believe that the ribbons features, including the line color change, help quickly identify trends and give users optimum customization. Users can select from five different color schemes including:
Green/Red
Purple/White
White/Blue
Silver / Orange
Teal/ Orange
Multi indicators tableThis is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty.
The Volatility category includes the Average True Range (ATR) and Bollinger Bands indicators. The Trend category comprises the Average Directional Index (ADX), four Exponential Moving Averages (EMAs), Aroon, Parabolic SAR, and the Supertrend. The Momentum category includes the Stochastic Relative Strength Index (StochRSI), Money Flow Index (MFI), Williams %R, Relative Strength Index (RSI), and Commodity Channel Index (CCI). The Reversal category includes Parabolic SAR, Moving Average Convergence Divergence (MACD), and PP Supertrend. Finally, the Volume category includes the Volume Exponential Moving Average (EMA) indicator.
The indicators states are easily readable, the indicator case is colored based on his actual state. A bullish color (green by default), a bearish color (red by default),
a very bullish color (dark green by default), a very bearish color (dark red by default) and a neutral color (gray by default) displayed when the indicator doesn't give us a clear signal. Some indicators do not have a very bullish or very bearish state. Concerning volatility indicators, the bullish color indicates high volatility, the bearish color indicates low volatility, and the neutral color indicates normal volatility.
Most of the indicators displayed in the table are customizable, and traders can choose to hide the categories they don't want to use. The Indicator provides a quick and easily readable view on the market and allows traders to reduce the number of indicators on their chart making it lighter and more readable.
Bitcoin Correlation MapHello everyone,
This indicator shows the correlation coefficients of altcoins with bitcoin in a table.
What is the correlation coefficient?
The correlation coefficient is a value that takes a value between 0 and 1 when a parity makes similar movements with the reference parity, and takes a value between 0 and -1 when it makes opposite movements.
In order to obtain more meaningful and real-time results in this indicator, the weighted average of the correlation values of the last 200bar was used. You can change the bar length as you wish. With the correlation value, you can see the parities that have similar movements with bitcoin and integrate them into your strategy.
You can change the coin list as you wish, and you can also calculate their correlation with etherium instead of bitcoin .
The indicator shows the correlation value of 36 altcoins at the moment.
The indicator indicates the color of the correlated parities as green and the color of the inversely correlated parities as red.
Cheers
Dynamic Volume Oscillator [CryptoScripts]The Dynamic Volume Oscillator uses a combination of volume and momentum to nail whenever a reversal is likely to happen. I've also included divergences (both regular and hidden) that you can toggle on/off and adjust the settings to fit your trading style.
Colors - The green wave indicates an uptrend while the purple wave indicates a downtrend.
Overbought/Oversold - Green backgrounds indicate the DVO is oversold and a reversal to the upside is likely to happen within the next few candles. Red backgrounds indicate the DVO is overbought and a reversal to the downside is likely to happen within the next few candles. You can adjust the levels to trigger when the signal flashes. Experiment with different timeframes/altcoins to see which settings work best. Some coins are more volatile than others and lower timeframes tend to reach higher levels vs higher timeframes.
Divergences - The settings of 1 and 3 for the lookbacks are so the divergence signal appears only 1 candle before the actual divergence happens (on the replay tool) vs 4-5 candles from other indicators. This means your entry on a divergence signal is 2 candles after it prints (for backtesting purposes).
Alerts - I also added alerts for Overbought, Oversold, Regular and Hidden Bearish/Bullish Divergences.
Let me know if you have any questions! Enjoy :)
Renko Ichimoku CloudThis script utilizes its source from a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the Ichimoku Cloud. Insignificant price movements will not cause a change in the plotted lines of the indicator unless a new threshold is breached or a "brick" is created.
This Ichmoku Cloud includes all standard lines with standard lengths. These include:
Tenken Sen
Kiju Sen
Senkou A/B
Chikou Span
We have also included plotted marks for when there is a Tenken Sen/ Kiju Sen cross and for the Kumo cloud twist.
There are two methods for selecting the box size. Box size is critical for the overall function and efficacy of the plots you will visually see with this indicator. Box size is set automatically using the Average True Range "ATR" or manually using the "Traditional" setting. The simplest way to determine a manual box six is to take the ATR of the given instrument and round it to the nearest decimal place. As an example, if the ATR for the asset is 0.017, you would round that number to 0.02 and utilize this as your traditional box size.
Live Portfolio ScreenerThe live portfolio screener indicator is a tool that help users to track the performance of their investments in real-time. The indicator provides a detailed breakdown of the user's portfolio, including the current profit and loss (P&L) for each stock that is invested in. This allows users to quickly and easily see how their portfolio is performing and make informed decisions about their investments on charts. Overall, this tool is an essential tool for anyone looking to stay on top of their investments and make data-driven decisions.
This indicator can load any symbol globally usable.
How to use this indicator ?
in this indicator firstly
you have add script name. (For example if you want to add symbol you have add in 's01 ' means the first symbol)
after that
you have to add price for each (For example if you want to add buy price for the first symbol then add the buy price in ' Bp01 ')
then the quantity comes in picture which is below price list and named here as Bq01 which means 'Buy quantity for first symbol'
Crypto Index (DXY) CandlesA modification of @loxx's "Dollar Index (DXY) Candles" allowing for a user selected basket of tickers using the same weights as the standard DXY. Ticker Inputs are in descending order so highest weight is at the top by default, although weighting can be changed manually by modifying the symbol's corresponding weight input in the settings. The Idea was to get a bird's eye view of the crypto space using some of the more relevant names in the space. User's can use the toggle in the settings for viewing the default DXY for comparison. Indicator should be used as a confirmation when looking at long term trend changes in the space, shorter time frames may, or may not be as useful.
Wave Fusion By CryptoScriptsThe Wave Fusion indicator is finally here! This indicator is a combination of the Wave Strength Oscillator and RSVP Extractor. It used a combination of momentum waves, volume, price, RSI, and statistical analysis to help nail down whenever the current price is overextended and due for a reversal. I'm currently using the 1D timeframe for BTC but feel free to experiment on different timeframes to see what works best for you. In the description below, I'll go over each signal, how it's derived, and how to use them!
Oversold (Green shaded area) - The oversold indication appears whenever all oscillators are oversold and is usually a good indicator that a reversal to the upside is around the corner (at least for a short period). Be advised these are the weakest of the three signals so I recommend using this signal with other indicators (such as my MFI Pro).
Overbought (Red shaded area) - The overbought indication appears whenever all oscillators are overbought and is usually a good indicator that a reversal to the downside is around the corner (at least for a short period). Be advised these are the weakest of the three signals so I recommend using this signal with other indicators (such as my MFI Pro).
Green Diamond - The green diamonds indicate whenever one or more oscillators are oversold AND one or more oscillators are outside of the bollinger bands, which is great for catching reversals to the upside. These may come two or three at a time so it may be best to wait until they have all printed before entering.
Red Diamond - The red diamonds indicate whenever one or more oscillators are overbought AND one or more oscillators are outside of the bollinger bands which is great for catching reversals to the downside (as seen in the chart). These may come two or three at a time so it may be best to wait until they have all printed before entering.
Rocket - The rocket symbol occurs whenever ALL oscillators are oversold and one or more oscillators are outside of the bollinger bands . This is great for catching reversals to the upside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Red Alarm - The red alarm symbol occurs whenever ALL oscillators are overbought and one or more oscillators are outside of the bollinger bands . This is great for catching reversals to the downside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Moon - The Moon symbol occurs whenever ALL oscillators are oversold and ALL oscillators are outside of the bollinger bands . This is great for catching reversals to the upside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Blood Moon - The red alarm symbol occurs whenever ALL oscillators are overbought and ALL oscillators are outside of the bollinger bands . This is great for catching reversals to the downside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Strongest to Weakest Buy Signals - Moon --> Rocket --> Green Diamond --> Green Shaded Area
Strongest to Weakest Sell Signals - Blood Moon --> Red Alarm --> Red Diamond --> Red Shaded Area
Input Options
Show Histogram - I also included a Histogram in the indicator to help gauge the level of buys/sell strength but kept it hidden for the default levels (i.e a green diamond with a red histogram bar is usually a good sign a reversal is about to happen to the upside whereas a green diamond with a green histogram bar may indicate a false reversal and there's still more room to the downside until a red bar appears. Always backtest this!)
Show Overbought/Oversold Levels - This is if you want to ignore all of the green/red shaded areas and only focus on the diamonds and rocket/alarm signals
Wave Overbought/Oversold Levels - Free free to change to value of the overbought/oversold levels to change where the green/red shades areas print
Momentum Overbought/Oversold Levels - Free free to change to value of the overbought/oversold levels to change where the green/red shades areas print
Histogram Length - This will not change anything with the signals but I included it so you can change the visuals if it helps you
Momentum Length - This will change where the signals plot
Momentum Signal - This only changes the yellow signal line and nothing else. It's not incorporated into any equation
Average Length - This will change where the signals plot
Alerts
I've set alerts on this indicator for each icon (Oversold, Overbought, Green Diamond, Red Diamond, Rocket, Red Alarm, Moon , Blood Moon). I HIGHLY recommend setting the alerts for Candle Close so that you can be sure the signal is confirmed.
You may notice that the indicator can give multiple signals back-to-back or be overbought/oversold for multiple candles. When this happens, it's best to look at other indicators such as the MFI Pro, MACD, etc to nail the best entry and have confluence with your decision. With that said, having multiple signals back-to-back can also be an indication that the move is close to happening. This indicator works with crypto and stocks as well.
If you have any questions or would like to purchase this indicator, please comment below or PM me. I also made a video tutorial for the indicator on my Youtube channel (link is next to my profile pic)
Be advised past performance is not indicative of future returns. Backtest EVERY timeframe and NEVER blindly take signals! Also, never invest more than you can afford to lose.
Enjoy :)
Coin & market cap tableThis table was built specifically for the Crypto market.
It gives you a quick overview of the markets without having to scroll through numerous charts. The information is the overall markets daily change and the charts coins movement on a daily, weekly and monthly basis.
The weeks start on a Monday morning, the months start on the 1st of the month so this is last weeks data and last calendar months data.
It also gives you Bitcoins dominance. (Total2) you can change it to Bitcoin & Ethereum dominance (Total3)
Delbert Scalpbot Indicator 1.0.1Our script will catch market trend 1st by identify Highs, Lows, higher highs, higher lows, lower highs & lower lows created on market movement.
Based on market structure it will generate buy/sell signals on golden pockets like 0.62 fib level when a market structure break , it will start prompting ready to buy or ready to sell signal . Once price comes to our level the buy/sell signal will be generated and if any user set our indicator to his/her chart with alert function call , it will start giving u notification if u have trading view premium .
Best pert of this indicator is ,it will give u a proper entry price with SL & TP with proper position size as per your account balance & risk % per trade set by u :) you no need to go for a calculation .
Your position size = leverage x margin, so if indicator says u to take 1252$ in position size, u just go for 125.2$ in 10X leverage in cross mode .
With risk management tool set by us. User can set risk per trade also can set account balance in setting of it , for an example ,if user put 100$ trading account balance and set risk per trade 2% then each trade will be executed with considering maximum loss amount in $2 , not more than that . detail calculation set on script by Devs of Delbert team , and it is tested .
Preferred time frame to use 2,5,10,15 mins .
Preferred coins BTC / ETH or any large market cap coin .
Still it's not a financial advice to anyone , feedback appreciated if u like it . We will make it more better day by day .
- Team Delbert's Trading
Z Score BandThis is a band based on Z Score. What is Z Score? In layman's terms it's a method of finding outliers within a sequence of numbers. It's highly effective to quantify pump and dumps in the crypto market.
The middle line is a simple Exponential Moving Average, you can configure this with whatever period you prefer. It comes default with a period of 247 to which I find suitable for my style of trading. The upper and lower bound are determined by the standard deviation you choose in the settings, it comes with a default of 1.69 although I've heard people saying 2.5 is a better number to really pinpoint outliers.
Trading with this indicator is like trading with any band based indicator. The main difference is that this indicator's sole purpose when I wrote it is to help me find shorting positions in the futures market. On the contrary though, longs are also achievable although I rarely long the futures market.
If prices hit the upper bound and get rejected, it's probably because the move was an outlier, it doesn't happen often and when it does usually it reveals crypto's nature of buying spot and hedging short in the futures market. When prices stay above the upper bound, switch to a higher timeframe until we can see that it's still have some ways upwards.
What's true about using this as a shorting tool is also true with longs. However, it might not be as effective, I'd like to be proven wrong.
Beta ScreenerThis script allows you to screen up to 38 symbols for their beta. It also allows you to compare the list to not only SPY but also CRYPTO10! Features include custom time frame and custom colors.
Here is a refresher on what beta is:
Beta (β) is a measure of the volatility—or systematic risk—of a security or portfolio compared to the market as a whole (usually the S&P 500 ). Stocks with betas higher than 1.0 can be interpreted as more volatile than the S&P 500 .
Beta is used in the capital asset pricing model (CAPM), which describes the relationship between systematic risk and expected return for assets (usually stocks). CAPM is widely used as a method for pricing risky securities and for generating estimates of the expected returns of assets, considering both the risk of those assets and the cost of capital.
How Beta Works
A beta coefficient can measure the volatility of an individual stock compared to the systematic risk of the entire market. In statistical terms, beta represents the slope of the line through a regression of data points. In finance, each of these data points represents an individual stock's returns against those of the market as a whole.
Beta effectively describes the activity of a security's returns as it responds to swings in the market. A security's beta is calculated by dividing the product of the covariance of the security's returns and the market's returns by the variance of the market's returns over a specified period.
cov (a,b)/var(b)