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Cycle

Long and Short Signal_1hours [zavaUnni]This indicator is available in the 1 hour chart. The Stochastic value of 1 hour of 3 types of length was requested, summed, and then the value was derived. The blue line is the K and the orange line is D of the Stochastic. The default is Stochastic, but when RSI is selected in the settings, it can be viewed as the relative strength index of the Stochastic. If the K value crosses down at 100, a short signal is generated Cross up below -100 and you'll get a long signal. You can receive a ready signal by checking Position Ready in Settings. Short ready signal when the k line goes up to 100. Long ready signal when the k line goes below -100. A small spread value of the candle relative to the volume is the principle that resistance has occurred. Displayed the resistance value based on the average value of the last 100 candles. The higher the value of the red Histogram, the stronger the selling. The lower the value of the green Histogram value, the stronger the buying . The gray histogram is when there's no buying or selling pressure.
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zavaUnni tarafından
6
Hybrid, Zero lag, Adaptive cycle MACD [Loxx]TASC's March 2008 edition Traders' Tips includes an article by John ​Ehlers titled "Measuring Cycle Periods," and describes the use of bandpass filters to estimate the length, in bars, of the currently dominant price cycle. What are Dominant Cycles and Why should we use them? Even the most casual chart reader will be able to spot times when the market is cycling and other times when longer-term trends are in play. Cycling markets are ideal for swing trading however attempting to “trade the swing” in a trending market can be a recipe for disaster. Similarly, applying trend trading techniques during a cycling market can equally wreak havoc in your account. Cycle or trend modes can readily be identified in hindsight. But it would be useful to have an objective scientific approach to guide you as to the current market mode. There are a number of tools already available to differentiate between cycle and trend modes. For example, measuring the trend slope over the cycle period to the amplitude of the cyclic swing is one possibility. We begin by thinking of cycle mode in terms of frequency or its inverse, periodicity. Since the markets are fractal; daily, weekly, and intraday charts are pretty much indistinguishable when time scales are removed. Thus it is useful to think of the cycle period in terms of its bar count. For example, a 20 bar cycle using daily data corresponds to a cycle period of approximately one month. When viewed as a waveform, slow-varying price trends constitute the waveform's low frequency components and day-to-day fluctuations (noise) constitute the high frequency components. The objective in cycle mode is to filter out the unwanted components--both low frequency trends and the high frequency noise--and retain only the range of frequencies over the desired swing period. A filter for doing this is called a bandpass filter and the range of frequencies passed is the filter's bandwidth . Indicator Features -Zero lag or Regular MACD/signal calculation - Fixed or Band-pass Dominant Cycle for MACD and Signal MA period inputs -10 different moving average options for both MACD and Signal MA calculations -Separate Band-pass Dominant Cycle calculations for both MACD and Signal MA calculations - Slow-to-Fast Band-pass Dominant Cycle input to tweak the ratio of MACD MA input periods as they relate to each other
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loxx tarafından
3
Sentimental Cycles with CrossingsThis indicator provides the following options, where you can choose to display: DEMA TEMA cycles, filtered by default with sentiment. Sentiment cloud, based on the 200ema area between the 1 minute and 1 hour lines. One or both ema crossings with their respective timeframes (independent from current chart timeframe) and optional line display. One or two tickers and their respective crossings based on selected timeframes. Additional EMA lines supplied with their very own timeframe. This indicator is intended to be used any way suitable to the user, nearly every aspect is customizable, and the defaults are just enough to get you started on deciding whether it's time to enter calls or puts. TIPS for optimal results: - Try using 2 charts: the 1 minute and the 1 hour per symbol. Under the 1 minute chart, use the 3 minute and 5 minute timeframe for crossings. - Try to start a position when a sentimental DEMA TEMA cloud is beginning to form. The first bar usually pays thicc. - Tickers SPY and VXX can be of good reference for market direction. If all crossings coincide, it's because there's a strong momentum in a certain direction for the market.
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JuanLagos94 tarafından
Easy AspectsHi Traders, Planetary Aspects divided into 2 parts, Hard (Square and Opposition) & Easy (Trine and Sextile) Aspects, the Conjunction is depending on the planets. This Easy Aspects script, contains: 1. Trine is an angle of 120°, which is 1/3 of the 360° ecliptic 2. Sextile is an angle of 60°, which is 1/6 of the 360° ecliptic or 1/2 a trine (120°) The objectives of this script are: 1. you can see the Hard Aspects schedule in certain periods, history and future.. (you can double check it in horoscopes.astro-seek.com ) 2. this script allows you see based on specific aspect view, you can observe the correlation between the hard aspects and market reaction (is it turning or is it a swinghigh/ low? Here are some examples; TRINE Sextile
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tradingwithtime tarafından
2
Hard Aspects Hi Traders, Planetary Aspects divided into 2 parts, Hard (Square and Opposition) & Easy (Trine and Sextile) Aspects, the Conjunction is depending on the planets. This Hard Aspects script, contains: 1. Square is an angle of 90°, which is 1/4 of the 360° ecliptic or 1/2 an opposition (180°) 2. Opposition is an angle of 180°, which is 1/2 of the 360° ecliptic 3. Conjunction is an angle of approximately (~) 0–⁠10°. Typically, an orb of ~10° is considered to be a Conjunction ( I include Opposition in this script). The objectives of this script are: 1. you can see the Hard Aspects schedule in certain periods, history and future.. (you can double check it in horoscopes.astro-seek.com ) 2. this script allows you see based on specific aspect view, you can observe the correlation between the hard aspects and market reaction (is it turning or is it a swinghigh/ low? Here are some examples; SQUARE: OPPOSITION CONJUNCTION
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tradingwithtime tarafından
Moon Phase , Eclipse & 4 SeasonsHi Traders, This script is a little bit different than the others Moon Phase scripts, added Moon Eclipse and 4 Seasons.. The objectives of this script: 1. you can see the Moon Phase schedule at certain periods (you can double check it in mooncalendar.astro-seek.com) 2. you can see the correlation between the Moon Phase and market reaction 3. you can see the correlation between the Moon Eclipse and market reaction 4. you can see the correlation between the 4 Seasons and market reaction Those Dates are the Moon Phase (history & future), so when the Moon Phase arrived, we can forecast the turning or swinghigh/low in the market (cryptos, stocks, commoditties & indexes), the turning or swinghigh/low is +/- 1 day. Those lines are just a simply vertical lines that can help us backtest easily, hopefully we can take profit from this Moon Phase.. New Moon & Full Moon New Moon Full Moon Moon Eclipse 4 Seasons (Spring Equinox, Summer Solstice, Autumn Equinox, Winter Solstice)
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tradingwithtime tarafından
16
Retrogrades hi Traders, The objectives of this script: 1. you can see the Retrogrades schedule at certain periods ((you can double check it in horoscopes.astro-seek.com) 2. you can see the correlation between the Retrogrades and market reaction What Is Retrograde Motion? The astronomical explanation for retrograde motion starts with understanding that the planets in our solar system orbit the Sun at different distances and speeds. While we orbit the Sun ourselves, we can observe the other planets moving across our sky, following their own paths. Sometimes, it can appear (from our perspective) that a planet has abruptly switched directions and has started to move in reverse across the sky. This is, of course, an illusion caused by the position of Earth in relation to that of the planet, since a planet in orbit always travels in one set direction and can’t suddenly reverse course. This is why we call the phenomenon apparent retrograde motion, as it only looks like the planet is moving backward (“retrograde motion”)! This Retrogrades script, contains all of Planetary Retrogrades Motion; 1. Mercury Retrogrades ( ≈ 21 days ) 2. Jupiter Retrogrades ( ≈ 121 days ) 3. Venus Retrogrades ( ≈ 41 days ) 4. Uranus Retrogrades ( ≈ 151 days ) 5. Mars Retrogrades ( ≈ 72 days ) 6. Saturn Retrogrades ( ≈ 138 days ) 7. Pluto Retrogrades ( ≈ 159 days ) 8. Neptune Retrogrades ( ≈ 158 days ) Here are some examples or Retrogrades: Jupiter Retrograde Venus Retrograde Uranus Retrofrade Mars Retrograde Saturn Retrograde Pluto Retrograde Neptune Retrograde
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tradingwithtime tarafından
5
DominantCycleCollection of Dominant Cycle estimators. Length adaptation used in the Adaptive Moving Averages and the Adaptive Oscillators try to follow price movements and accelerate/decelerate accordingly (usually quite rapidly with a huge range). Cycle estimators, on the other hand, try to measure the cycle period of the current market, which does not reflect price movement or the rate of change (the rate of change may also differ depending on the cycle phase, but the cycle period itself usually changes slowly). This collection may become encyclopaedic, so if you have any working cycle estimator, drop me a line in the comments below. Suggestions are welcome. Currently included estimators are based on the work of John F. Ehlers mamaPeriod(src, dynLow, dynHigh) MESA Adaptation - MAMA Cycle   Parameters:      src : Series to use      dynLow : Lower bound for the dynamic length      dynHigh : Upper bound for the dynamic length   Returns: Calculated period Based on MESA Adaptive Moving Average by John F. Ehlers Performs Hilbert Transform Homodyne Discriminator cycle measurement Unlike MAMA Alpha function (in LengthAdaptation library), this does not compute phase rate of change Introduced in the September 2001 issue of Stocks and Commodities Inspired by the @everget implementation: Inspired by the @anoojpatel implementation: paPeriod(src, dynLow, dynHigh, preHP, preSS, preHP) Pearson Autocorrelation   Parameters:      src : Series to use      dynLow : Lower bound for the dynamic length      dynHigh : Upper bound for the dynamic length      preHP : Use High Pass prefilter (default)      preSS : Use Super Smoother prefilter (default)      preHP : Use Hann Windowing prefilter   Returns: Calculated period Based on Pearson Autocorrelation Periodogram by John F. Ehlers Introduced in the September 2016 issue of Stocks and Commodities Inspired by the @blackcat1402 implementation: Inspired by the @rumpypumpydumpy implementation: Corrected many errors, and made small speed optimizations, so this could be the best implementation to date (still slow, though, so may revisit in future) High Pass and Super Smoother prefilters are used in the original implementation dftPeriod(src, dynLow, dynHigh, preHP, preSS, preHP) Discrete Fourier Transform   Parameters:      src : Series to use      dynLow : Lower bound for the dynamic length      dynHigh : Upper bound for the dynamic length      preHP : Use High Pass prefilter (default)      preSS : Use Super Smoother prefilter (default)      preHP : Use Hann Windowing prefilter   Returns: Calculated period Based on Spectrum from Discrete Fourier Transform by John F. Ehlers Inspired by the @blackcat1402 implementation: High Pass, Super Smoother and Hann Windowing prefilters are used in the original implementation phasePeriod(src, dynLow, dynHigh, preHP, preSS, preHP) Phase Accumulation   Parameters:      src : Series to use      dynLow : Lower bound for the dynamic length      dynHigh : Upper bound for the dynamic length      preHP : Use High Pass prefilter (default)      preSS : Use Super Smoother prefilter (default)      preHP : Use Hamm Windowing prefilter   Returns: Calculated period Based on Dominant Cycle from Phase Accumulation by John F. Ehlers High Pass and Super Smoother prefilters are used in the original implementation doAdapt(type, src, len, dynLow, dynHigh, chandeSDLen, chandeSmooth, chandePower, preHP, preSS, preHP) Execute a particular Length Adaptation or Dominant Cycle Estimator from the list   Parameters:      type : Length Adaptation or Dominant Cycle Estimator type to use      src : Series to use      len : Reference lookback length      dynLow : Lower bound for the dynamic length      dynHigh : Upper bound for the dynamic length      chandeSDLen : Lookback length of Standard deviation for Chande's Dynamic Length      chandeSmooth : Smoothing length of Standard deviation for Chande's Dynamic Length      chandePower : Exponent of the length adaptation for Chande's Dynamic Length (lower is smaller variation)      preHP : Use High Pass prefilter for the Estimators that support it (default)      preSS : Use Super Smoother prefilter for the Estimators that support it (default)      preHP : Use Hann Windowing prefilter for the Estimators that support it   Returns: Calculated period (float, not limited) doEstimate(type, src, dynLow, dynHigh, preHP, preSS, preHP) Execute a particular Dominant Cycle Estimator from the list   Parameters:      type : Dominant Cycle Estimator type to use      src : Series to use      dynLow : Lower bound for the dynamic length      dynHigh : Upper bound for the dynamic length      preHP : Use High Pass prefilter for the Estimators that support it (default)      preSS : Use Super Smoother prefilter for the Estimators that support it (default)      preHP : Use Hann Windowing prefilter for the Estimators that support it   Returns: Calculated period (float, not limited)
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lastguru tarafından
6
2π Indicator including Prediction-FeaturePI Cycle indicator is very good on finding potential tops. PI cycle uses the 350MA/111MA which equals around 3,14 Using the 700MA its very obvious that we can spot potential Bottoms. We are also using the 111MA, so 700MA/111MA equals to 6,30 which is ~ 2π. I also built in a Prediction feature so we could speculate on a potential Bottom in the future. Obviously the prediction might change over time if price is more volatily it changes the outcome. Use Daily chart for best results.
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defnotcf tarafından
Tesla Coil MLThis is a re-implementation of @veryfid's wonderful Tesla Coil indicator to leverage basic Machine Learning Algorithms to help classify coil crossovers. The original Tesla Coil indicator requires extensive training and practice for the user to develop adequate intuition to interpret coil crossovers. The goal for this version is to help the user understand the underlying logic of the Tesla Coil indicator and provide a more intuitive way to interpret the indicator. The signals should be interpreted as suggestions rather than as a hard-coded set of rules. NOTE: Please do NOT trade off the signals blindly. Always try to use your own intuition for understanding the coils and check for confluence with other indicators before initiating a trade.
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jdehorty tarafından
25
Take Profit ScreenerI'm going to introduce you to the Take Profit Screener tool. It allows you to manually scan your watchlist to determine at a glance the assets that have the best profitability potential. It is a 2 in 1 tool that allows you to : identify where your Take Profit ratios are located whether you are in SHAD or Cycle Strategy identify the potential reward percentages when approaching the key Fibonacci levels Before you start using it, you need to: sort your watchlist according to the price (Last) in order to have price ranges more or less close to each other when jumping from a symbol to another disable the Auto Scale and Magnet feature select your first symbol display the tool (the indicator more exactly) The settings dialog box is organised in 3 sections: Strategy : By setting this section, you will answer the question " Where do my Take Profit ratios stand in relation to my entry price, and according to Risk Management Strategy adopted (SHAD or Cycle)? " Fibonacci : By setting this section, you will answer the question " What percentage gain can I expect as I approach one of the key Fibonacci levels? " Layout : This is the settings for the look and feel Strategy Section Active : This part of the indicator won't display on your chart if unchecked Type : Choose between SHAD or Cycle Strategy. When choosing SHAD, you can select 2, 4, 8 or 16 SHAD Levels. When choosing Cycle, you can enter whatever ratio value you wish in the Strategy Ratio (Cycle only) input. SHAD xNN : When choosing SHAD Strategy, you should select at least one level and more if need be. Strategy Ratio (Cycle only) : When choosing Strategy Type Cycle, you can enter whatever ratio value you wish there. Freeze Entry Price & Value : Leave it unchecked whenever the current price of the asset is located within your desired area (i.e. Reload Zone) while attempting to estimate its potential reward. Conversely, keep it checked whenever the current price of the asset is outside your desired area, but you need to anticipate the potential reward of this asset if its price reaches a certain level, your Entry price. Enter this price there and check the box. Show price : If checked, both Take Profit ratio and Price are displayed. If unchecked, then price is hidden. Extend Line : If checked, then lines showing Take Profit levels extend to the left. Label Offset : If checked, then the label that displays Take Profit ratio and price shift to the right by a value that ranges from 0 to 100 candles. Label Style : You can choose between Right or Top. This will determine the orientation of the label. Fibonacci Section Active : This part of the indicator won't display on your chart if unchecked Type : Choose between SHAD or Cycle Strategy. When choosing SHAD, you can select 2, 4, 8 or 16 SHAD Levels. When choosing Cycle, you can enter whatever ratio value you wish in the Strategy Ratio (Cycle only) input. SHAD xNN : When choosing SHAD Strategy, you should select at least one level and more if need be. Strategy Ratio (Cycle only) : When choosing Strategy Type Cycle, you can enter whatever ratio value you wish there. Freeze Entry Price : Leave it unchecked whenever the current price of the asset is located within your desired area (i.e. Reload Zone) while attempting to estimate its potential reward. Conversely, keep it checked whenever the current price of the asset is outside your desired area, but you need to anticipate the potential reward of this asset if its price reaches a certain level, your Entry price. Enter this price there and check the box. Color : You can define the color of Fibonacci line levels
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boursicotman tarafından
14
Ultimate HODL WaveThe basis for this indicator is the HODL Wave (> 1 Year) developed by Unchained Capital. This represents the percentage of coins that have not been moved for at least a year. The Hull MA perfectly tracks the HODL Wave and provides an easy bull/bear trend in the mid-term. The long-term and more macro bull/bear trend is decided by if the Hull MA is above or below the base MA. I have purposefully chosen the 365 day length for the Hull MA and the 730 day for the base MA on the daily timeframe since they represent 1 year and 2 years respectively.
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Pinnacle_Investor tarafından
AnNam RSI Cycle [PlungerMen] This script improves the default RSI 14 1: it identifies regions of the RSI which are oversold and overbought by changing the color of RSI from white to red. 2: it adds additional reference lines at 20,25.. 75,80 to better gauge the RSI value Finally, the coolest feature, the middle 50 line is used to indicate which cycle the price is currently at A green color at the 50 line indicates a bullish cycle, a red color indicators a bearish cycle, and a white color indicates a neutral cycle. The cycles are determined using the RSI as follows: if RSI is overbought, cycle switches to bullish until RSI falls below 40 , at which point it becomes neutral if RSI is oversold, cycle switches bearish until RSI rises above 60, at which point it becomes neutral a neutral cycle is exited at either overbought or oversold conditions Thank for TradeCamily!
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luongson107 tarafından
Bitcoin Bull Runs Mid Cycle Aligned This script plots 2 lines which are the 2013 and 2016 bull run. The plots are aligned on their mid cycles to the 2021 mid cycle. Settings: You can move the plots on the x and y axis in the settings for the Daily, Weekly and Monthly TFs. The plot is weird on the Monthly TF, best to use the Daily and Weekly. If it doesn't load at first you have to zoom out fully and go back to 2013 for it to load. Then it will load.
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jewinator_8 tarafından
12
Ehlers Cycle Period [CC]The Cycle Period was created by John Ehlers and this is yet another version that shows how to calculate the current cycle period which is the approximate amount of days between a current peak or valley and the next peak or valley. I would not recommend this for trading since it is more for informational use only but I would try experimenting with this output to be used with another indicator as an input length. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color. Let me know if there are any other scripts you would like to see me publish!
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cheatcountry tarafından
Ehlers Mesa Spectrum Dominant Cycle [CC]The Mesa Spectrum Dominant Cycle was created by John Ehlers and this is the foundation for many indicators he created that would later follow. This is his updated version of his original Mesa algorithm and I do not recommend this indicator as a stand alone for trading. This is more of an informational indicator that will tell you the current dominant cycle period which is the approximate period between peaks and valleys in the underlying data. I have color coded buy signals just in case with both strong and normal signals. Darker colors are strong and lighter colors are normal. Buy when the line is green and sell when it is red. Let me know if there are any other indicators you would like to see me publish!
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cheatcountry tarafından
25
Ehlers Cycle Amplitude [CC]The Cycle Amplitude was created by John Ehlers (Trend Modes and Cycle Modes) and this indicator wasn't meant to give buy and sell signals by itself but I'm publishing this open source script in case someone comes up with a cool way to use this indicator for buy and sell signals. This indicator essentially tells you the distance between the peaks from the Cycle BandPass Filter and I will be including the last script tomorrow most likely. I'm reusing the same exact buy and sell signals from the cycle bandpass filter so if you have any questions then feel free to refer to the link I posted. Let me know if there are any other scripts you would like to see me publish!
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cheatcountry tarafından
4
Ehlers Cycle BandPass Filter [CC]The Cycle BandPass Filter was created by John Ehlers (Cycle Modes and Trend Modes) and this is an alternate to the default BandPass Filter by changing some settings. This will be another series I will be introducing showing some indicators created by Ehlers and that didn't get much attention. This identifies the underlying cycle in the price data and these indicators aren't very common so I want to introduce more of these to tv. Buying and selling with these indicators can be a bit tricky but overall what Ehlers recommends is to buy at the lowest point and sell at the highest point to capture the underlying cycle. I have included strong buy and sell signals as darker colors and normal signals as lighter colors. Buy when the line turns green and sell when it turns red. Let me know if there are any other scripts you would like to see me publish!
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cheatcountry tarafından
2
Ehlers Instantaneous Phase Dominant Cycle [CC]The Instantaneous Phase Dominant Cycle was created by John Ehlers (Stocks & Commodities V. 18:3 (16-27)) and this is one of many similar indicators that I will be publishing from Ehlers in the next few months that calculate the current dominant cycle period. The cycle period can be used in multiple ways but generally this means that if the stock is currently at a low then the current cycle period will tell you when the next lowest low will get hit or vice versa. This is also useful for using this cycle period as an input for other indicators to provide a very good adaptive length. Let me know how you wind up using these indicators in your daily trading. I have included the same buy and sell signals from my recent Hilbert Transform and so buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you would like to see me publish!
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cheatcountry tarafından
2
Ehlers Adaptive Cyber Cycle [CC]The Adaptive Cyber Cycle was created by John Ehlers and this is a cycle based indicator which you don't find too many of these days. Each stock goes through cycles which are repeating patterns of price movement and cycle indicators help you find the timing of the cycle to capitalize on the underlying cycle. That is an extremely simple explanation but most importantly don't interpret these indicators as the same as other indicators because it may seem like there are very many false signals but that is because of the different cycles the stock is undergoing. Buy when the line turns green and sell when it turns red. Let me know if there are any other indicators you would like to see me publish.
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cheatcountry tarafından
6
Cyclic Smoothed RSI MTFAdaptive cyclic smoothed Relative Strength Indicator (csRSI MTF) The cyclic smoothed RSI MTF indicator is an enhancement of the RSI , adding zero-lag smoothing, adaptive oversold/overbought bands and period color highlighting from higher timeframe to filter signals. Providing the following advanced features: using the current dominant cycle length as input for the indicator to ensure more accurate change in trends, additional smoothing without introducing lag and maintaining clear sharp turns for signal generation, adaptive upper and lower bands to avoid whipsaw trades and adapt the indicator to trending/cyclic conditions, using higher time-frame csRSI oversold/overbought conditions to automatically highlight time windows with green/red backgrounds on the indicator panel for signal filtering and/or alert rules, can be used to trigger alerts on your key symbols to get informed when a red/green windows are reached. The following common problems with standard indicators are solved by this indicator: First, normal indicators introduce a lot of false signals due to their noisy signal line. Second, to compensate for the noise, one would normally try to add some smoothing. But this only results in adding more delay to the indicator, which makes it almost useless. Third, oscillators contain static threshold levels to define oversold/overbought conditions. However, the market is not static and changes between trending and cycling periods. In trending periods, these static oversold/overbought levels are useless ore will trigger too much whipsaw trades. Finally, indicators don't take their state from other timeframes into account to filter signals. All four problems described above are solved by the developed adaptive cyclic RSI with embedded MTF period highlighting. Examples S&P500 EMini Futures - csRSI 2H chart / 1D filter example signals S&P E-Mini Futures 2h chart with daily higher time-frame filtering period for the csRSI, showing the standard RSI in the lower panel for signal comparison, signals from the csRSI are marked on the price chart Bitcoin BTC /USD - csRSI 2H chart / 1D filter example signals Bitcoin BTC /USD 2h chart with daily higher time-frame filtering period for the csRSI, signals marked EUR/USD Forex - csRSI 20min chart / 2h filter example signals EUR/USD 20min chart with 2H higher time-frame filtering period for the csRSI, signals marked Info: All three examples are setup with the basic standard settings and no additional parameter adjustments. The placed arrows on the price/indicator panel and the projection price areas have been added manually to visualize the signals for an discretionary trading approach. They are derived based on standard technical indicator oscillator readings (signal turn above/below bands). Due to the nature of the indicator (ultra-smooth, sharp curves, dynamic bands), these signals are easy to spot, and will help to avoid whipsaw trades in volatile conditions. Settings & Parameter The Inputs section allows you to select the time frame for the indicator signals. We recommend keeping the indicator time-frame according to your chart time frame ("Same as chart"). The cycle length allows to improve the signals by entering the dominant cycle length of the analyzed dataset. This parameter is optional if the current dominant cycle is not known. In that case, leave it at 20. The dominant cycle length can even improve the indicator signal generation. The examples above have not been optimized by using the dominant cycle length and just used the standard setting of 20. The MTF CYCLE FILTER area is used to set the time-frame used as filter to plot the colored indicator background in red and green areas when the higher time-frame indicator is above (red) or below (green) the dynamic bands. These indicate the period of time with high probability to look for signals on the main indicator line. The MTF Resolution parameter input is important for generating the highlighted red/green areas on the indicator panel. You must enter a higher time-frame than your indicator time-frame in order to get the reliable highlighting. We recommend the following combinations of trading time-frame and filter time-frame resolutions: Chart Timeframe | MTF Indicator Highlighting Resolution ------------------------------------------------------------------------ 20 min | 2 h 2 h | 1 d You can enter the current dominant cycle length on the chosen higher time-frame resolution to even further optimize the indicator accuracy in the field "MTF CYCLE FILTER - Cycle Length". The Style sections allows to active/de-active individual plots. The standard setting disables the higher time-frame csRSI indicator which is only used to indicate the colored areas. If required, you can also enable the MTF indicator and adaptive bands to be plotted in the same indicator panel. The values shown in the style section also indicate which values are available for individual alert generation. Automatic Signals & Alerts It is possible to create your own automatic signals with the csRSI MTF indicator using the TradingView alert function. Click on the three dots "More" beside the indicator name label and select "Add Alert on csRSI ..." from the context menu. For example, if you want to receive an alert when the high probability periods (red/green highlighted areas) have been reached for a symbol without manually watching the indicator panel, you can set up a custom alert. The csRSI indicator provides the raw values necessary to set up your alarm conditions. Set the "CSRSI MTF" as the value for the "Out of Channel" condition and select the "HigBand MTF" and "LowBand MTF" indicator values as the upper and lower limit parameters in the alarm's dialog box. Once you have set up this alarm, you will not need to monitor your charts manually. The TradingView alert will inform you as soon as an important time zone is reached. These are the situations when you would open the chart and watch for trigger signals on the indicator line. If you set up this alert as an email, you can even focus on other things and let the csRSI MTF highlighter condition alert you when you should pay attention to the trading chart. Usage & Trade Signals Classic rules apply as with every technical oscillator. In addition use this indicator to identify the following conditions: Indicator turns above/below the adaptive upper and lower bands (expected trend reversals) Indicator crosses below upper band / crossed above lower band (start of trend reversal) Indicator crosses above upper band / crossed below lower band (trend continuation/confirmation) Divergence between price / indicator indicate strong signal confidence Hidden divergences between price/indicator indicate string signal confidence After strong price movements, wait for the second signal confirmed by a divergence Use the mentioned conditions in the highlighted red/green periods indicated by the MTF settings Purpose & Disclaimer This indicator is not designed for use as an automated trading strategy. This is an improved technical indicator using the dominant cycle to provide its advanced features. The basic applications of technical analysis for using oscillators apply. The script is intended for use in discretionary trading and can be used as a part of automated systems. Indicator signal failures will occur as you should expect with every technical indicator. If you are not sure if this indicator might help your trading style, please try and check our open source public version which will give you basic understanding upfront. Basic open-source public version This indicator is an advanced version of our public available open-source cyclic smoothed RSI indicator named "RSI cyclic smoothed v2". The advanced invite-only version provides fully automatic time frame highlighting by using a cyclically smoothed RSI from a higher time frame to indicate time frames with high probability signals. These high probability windows are highlighted when the indicator from the higher time frame is in dynamic overbought or oversold territory. You will find the basic open-source public version here below for your own review: How to get access Please check the "authors instructions" section for further details.
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StockMarketCycles tarafından
46