Trend FinderThe "𝙏𝙍𝙀𝙉𝘿 𝙁𝙄𝙉𝘿𝙀𝙍" indicator is a powerful tool designed to detect trends and identify potential reversal points in asset prices. It operates as both a trend-following and mean reversion indicator, offering insights into market movements.
Trend Identification:
Trend Detection:
This indicator primarily identifies trends in asset prices.
When the "𝙏𝙍𝙀𝙉𝘿 𝙁𝙄𝙉𝘿𝙀𝙍" value is above the middle line, it typically indicates an upward trend in the asset's price.
Color Coding: During an upward trend, the bars are colored green, signaling strength in the upward movement. Conversely, during a downtrend, the bars turn red, indicating a potential downward movement in the asset's price.
Calculation Process:
Moving Averages: The calculation involves using multiple Simple Moving Averages (SMAs) based on the open and close prices of the asset.
Incremental SMA Lengths: These SMAs are calculated with increasing lengths, creating a series of comparisons between closing and opening SMAs. If the closing SMA exceeds the opening SMA, a value of 1 is assigned; otherwise, it's assigned as 0.
Aggregation: All these SMA values are compiled into an array and processed to derive an average, emphasizing the trend direction and strength.
Application:
Trend Strength: The indicator's value reflects the overall strength and direction of the trend. Higher values suggest an end or reversing of trend, while lower values what crosses over or under Midline may indicate a trend changing and indicate incrising of trend strength.
Reversal Indication: Besides identifying trends, it can also serve as a mean reversion indicator, potentially pinpointing potential tops and bottoms in the market.
Midline: Additional in settings can be changed a position of midline to up or down to your personal preference.
The "𝙏𝙍𝙀𝙉𝘿 𝙁𝙄𝙉𝘿𝙀𝙍" indicator amalgamates moving averages and trend analysis, offering a comprehensive view of market trends and potential reversal points. Its adaptability through parameter adjustments allows for fine-tuning to suit various market conditions.
Dönemler
Monday range by MatboomThe "Monday Range" Pine Script indicator calculates and displays the lowest and highest prices during a specified trading session, focusing on Mondays. Users can configure the trading session parameters, such as start and end times and time zone. The indicator visually highlights the session range on the chart by plotting the session low and high prices and applying a background color within the session period. The customizable days of the week checkboxes allow users to choose which days the indicator should consider for analysis.
Session Configuration:
session = input.session("0000-0000", title="Trading Session")
timeZone = input.string("UTC", title="Time Zone")
monSession = input.bool(true, title="Mon ", group="Trading Session", inline="d1")
tueSession = input.bool(true, title="Tue ", group="Trading Session", inline="d1")
Users can configure the trading session start and end times and the time zone.
Checkboxes for Monday (monSession) and Tuesday (tueSession) sessions are provided.
SessionLow and SessionHigh Functions:
SessionLow(sessionTime, sessionTimeZone=syminfo.timezone) => ...
SessionHigh(sessionTime, sessionTimeZone=syminfo.timezone) => ...
Custom functions to calculate the lowest (SessionLow) and highest (SessionHigh) prices during a specified trading session.
InSession Function:
InSession(sessionTimes, sessionTimeZone=syminfo.timezone) => ...
Determines if the current bar is inside the specified trading session.
Days of Week String and Session String:
sessionDays = ""
if monSession
sessionDays += "2"
if tueSession
sessionDays += "3"
tradingSession = session + ":" + sessionDays
Constructs a string representing the selected days of the week for the session.
Fetch Session Low and High:
sessLow = SessionLow(tradingSession, timeZone)
sessHigh = SessionHigh(tradingSession, timeZone)
Calls the custom functions to obtain the session low and high prices.
Plot Session Low and High and Background Color for Session
plot(sessLow, color=color.red, title="Session Low")
plot(sessHigh, color=color.red, title="Session Low")
bgcolor(InSession(tradingSession, timeZone) ? color.new(color.aqua, 90) : na)
Pivot Break [ProjeAdam]OVERVIEW
This indicator provides us great convenience when analyzing the parity by drawing a range at the highest, lowest and middle levels of the previous time period in the time period we choose, and showing where the price is currently in the range it has created in the past.
ALGORITHM - How does the indicator work ?
It draws the highest and lowest values in the time of the parity you selected in the previous ‘’Time Value’’ setting by creating a range.
We can change our ‘’Time Value’’ from the settings.
In the example above, we select our Time Value setting as "Monthly" and it draws the highest and lowest values of the month in the past parity.
In this example above, we select our Time Value setting as "Weekly", it captures the highest and lowest values of the price of the past week.
The algorithm automatically plots the selected Time Value of the price in the past.
When our price falls below its past value by the Time Value we selected, our background color becomes red.
In the example above, our background becomes red for places where the price has fallen below the values of the past week
When our price rises above its historical value by the Time Value we selected, our background color becomes green.
In the example above, our background is green for the places where the price breaks above last week's values.
When breaking up or down, our background color changes only at the first break and an alarm comes here.
The breakdowns in this indicator can also be used as an auxiliary tool in trend analysis.
While the price breaking the previous time frame up and holding there is a positive confirmation for the uptrend in the market, we can consider the price breaking the previous time frame down and holding here as a downtrend in the parity.
SETTINGS PANEL
1-We can change Language of Price Labels
2-We can choose the past time highest or lowest of our price with which we want to create a range
3-Show background of break up and break down
4-If we activeted buttons allow us to receive alarms in case of breakdown in these parities that we activate.
If you have any ideas what to add to my work to add more sources or make calculations cooler, suggest in DM .
Dual Regime Strategy (DRS)/Introduction
The Dual Regime Strategy (DRS) is a composite strategy consisting of two signals, both catering to two different market regimes. The stock market experiences periods of high volatility followed by periods of low volatility, a mean reversion strategy performs well during periods of high volatility while a trend following strategy performs well during periods of low volatility. This is the basis for the mean reversion signal and the momentum signal.
/Signals
1. Mean Reversion Signal
Definition: Mean reversion is a financial theory that suggests that asset prices and financial markets tend to fluctuate around a long-term average or mean value. In other words, when the price of an asset moves significantly away from its historical average, it is likely to revert, or move back, towards that average over time.
Concept: Mean reversion assumes that extreme price movements are temporary and that there is an inherent tendency for prices to return to their historical average or equilibrium level. Traders and investors who follow mean reversion strategies often look for overbought or oversold conditions in the market to identify potential trading opportunities. They believe that when prices deviate too far from their mean, there is a higher probability of a reversal.
DRS strategy: The Keltner Channel is a volatility-based technical indicator that consists of three lines: an upper channel, a lower channel, and a middle channel. It is primarily used for mean reversion strategies. The strategy uses a Keltner channel to trigger the mean reversion signals by identifying potential overbought and oversold conditions.
2. Momentum Signal
Definition: Momentum, in the context of financial markets, refers to the tendency of assets to continue moving in the same direction as their recent past price movements. It is based on the idea that assets that have been performing well recently are more likely to continue performing well, and assets that have been performing poorly are more likely to continue performing poorly.
Concept: Momentum traders and investors seek to identify and ride existing price trends. They believe that there is a persistence in price movements, and they aim to capitalize on this persistence by buying assets that have shown recent strength and selling assets that have shown recent weakness.
DRS strategy: The Exponential Moving Average is used to identify the strength and direction of the existing trend. When the price remains above the moving average, it indicates bullish momentum and vice versa for bearish momentum.
/Results
The backtest results are based on a starting capital of $13,700 (convenient amount for retail traders) with 5% of equity for the position size and pyramiding of 2 to allow one open position at a time for each signal. Commissions vary from broker to broker and they are calculated in different ways so a simple $3 per order is used in backtesting this strategy. Slippage of 3 ticks is used to ensure the results are representative of real world, market order trading. The backtest results are available to view at the bottom of this page.
Note:
Past performance in backtesting does not guarantee future results. Broker execution and market changes can significantly affect strategy performance in live trading.
Originality:
The DRS strategy is unique in its combination of both Momentum Strategy and Mean Reversion Strategy components within a single trading strategy. This dual-regime approach allows the strategy to adapt to different market conditions. Additionally, it incorporates short positions for momentum signals, this ensures that the strategy remains active in bear markets.
1. Mean Reverting Regimes
In mean-reverting regimes, markets exhibit high volatility with prices oscillating around a historical average. The DRS employs the Keltner Channel as a core tool for identifying overbought and oversold conditions, which are prevalent in such regimes.
Detection: The strategy detects mean reverting opportunities when prices deviate significantly from the middle band of the Keltner Channel, signaling an overbought or oversold condition.
Execution: Trades are executed with the expectation that prices will revert to the mean. For example, buying when the price is below the lower band (oversold) and selling when it's above the upper band (overbought).
2. Trending Regimes
In trending regimes, markets move in a persistent direction, either up or down. The DRS utilizes the Exponential Moving Average (EMA) to identify and follow these trends.
Trend Identification: The EMA helps in determining the overall direction of the trend, while the number of days price stays above the moving average indicates the strength of the trend.
Trade Execution: The strategy capitalizes on strong trends by taking positions in the direction of the trend (long positions in uptrends and short positions in downtrends).
/Tickers
This strategy has been backtested primarily on SPY. It also performs well on IWF and QQQ.
High Volume Engulfing Candle_bullHornThe "High Volume Engulfing Candle" indicator is a technical analysis tool used in trading to identify specific candlestick patterns that suggest potential reversals or significant price movements in a financial instrument. It focuses on two key criteria: the engulfing candlestick pattern and high trading volume. Here's a brief description of the indicator:
Engulfing Candlestick Pattern: The indicator looks for bullish and bearish engulfing candlestick patterns.
Bullish Engulfing: This pattern occurs when the current candlestick completely engulfs the previous one. In other words, the current candlestick's body (the open and close prices) is larger than the previous candlestick's body, and it closes higher than the previous candle's close. It suggests a potential bullish reversal.
Bearish Engulfing: This pattern occurs when the current candlestick's body completely engulfs the previous one, but in the opposite direction. The current candlestick's body is larger than the previous candlestick's body, and it closes lower than the previous candle's close. It suggests a potential bearish reversal.
High Volume Confirmation: In addition to the engulfing pattern, the indicator considers trading volume. It looks for instances where the volume accompanying the engulfing candle is significantly higher than a moving average of the volume. This indicates strong market participation and validates the importance of the engulfing candle pattern.
Arrows on the Chart: When a high volume engulfing candle pattern is detected, the indicator plots arrows on the price chart. A green triangle pointing up is used for bullish engulfing patterns, while a red triangle pointing down is used for bearish engulfing patterns. These arrows help traders quickly identify potential reversal points.
Overall, the "High Volume Engulfing Candle" indicator combines the visual recognition of candlestick patterns with volume analysis to provide traders with potential signals for trend reversals or significant price moves in the market. Traders can use these signals as part of their technical analysis and trading strategies.
Gann Dates█ INTRODUCTION
This indicator is very easy to understand and simple to use. It indicates important Gann dates in the future based on pivots (highs and lows) or key dates from the past.
According to W.D. Gann the year can be seen as a cycle or one full circle with 365 degrees. The circle can be symmetrically divided into equal sections at angles of 30, 45, 60, etc. The start of the cycle can be a significant key date or a pivot in the chart. Hence there are dates in the calendar, that fall on important angles. According to W.D. Gann those are important dates to watch for significant price movement in either direction.
In combination with other tools, this indicator can help you to time the market and make better risk-on/off decisions.
█ HOW TO USE
ibb.co
You need to adjust the settings depending on the chart. The following parameters can be adjusted:
Gann angles: The script will plot dates that are distant from pivots by a multiple of this.
Gann dates per pivot: The amount of dates that will show.
Search window size for pivots: This is how the local highs and lows are detected in the chart. The smaller this number the more local highs and lows will show.
You also have the option to hide dates derived from lows/highs, or show dates based on two custom key dates.
█ EXAMPLES
The following chart shows the price of Gold in USD with multiples of 20 days from local pivots.
The following chart shows the price of Bitcoin in USD with multiples of 30 weeks from two custom dates (in this case the low in late 2018 and the low in late 2022).
The Square of NineThe Square of Nine
█ OVERVIEW
This script is made to make it easy for traders to visualize the movement of price along the square of nine table. This script Places the square of nine table right infront of you in the middle of the screen, which is why it's suggested that you would use it on the side of your main chart.
This script gives you ability to adjust number of revolutions which is the number of rings making the square of nine table up to 9 revs.
You can also change the price unit ( increments ) for each step.
You can use this indicator as a visual reference to track the price action along the square of 9 and make sense of the mechanism behind turning points. It is made to complement both :
- Gann Static Square of 9
- Gann Dynamic Square of 9
You can enable all of the following degrees and adjust their visual appearances on the chart :
360, 45, 90, 135, 180, 225, 270, 315
█ Future Plans and upgrades to this script may include :
1. Adjustable starting price.
2. Astro Integrations.
3. Visuals and matching prices.
and more! feel free to let me know what you'd like to see!
█ How to use :
1. Put the script on your chart
2. Selected your desired levels to activate and the number of desired revolutions.
give the script a few seconds and you should be set.
AMDX-XAMDGuided by ICT tutoring and also inspired by the teaching of
Daye', I create this versatile "AMDX" indicator.
A = Accumulation
M = Manipulation
D = Distribution
X = Continuation Or Reversal
This indicator shows a different way of viewing all the Timeframes by dividing them into Quarters, in this context the Trading sessions are divided into a 90m cycle, dividing each time range into Q1-Q2-Q3-Q4, in this way you have a clear vision of what the price is likely to do
True Open Times =
Opening Week - Monday at 6pm
Opening Day - 00:00
Asia -7.30pm
London -01.30
New York -07:30
PM -1.30pm
Session Times =
Q1 Asia 18:00-00:00
Q2 London 00:00-06:00
Q3 New York 06:00-12:00
Q4 PM 12:00-18:00
The user has the possibility to:
- Choose whether to display AMDX W
- Choose whether to display AMDX D
- Choose whether to display AMDX Session
- Choose to show the text in the Box
- Choose to show open levels
The indicator should be used as ICT and 'Daye' show in their concepts.
The indicator divides everything into Quarter ranges and classifies them into Q1-Q2-Q3-Q4 (as in the example above), and each Quarter has its own specific function, and can be used in this way:
If Q1 does an expansion it is likely that Q2 will do a consolidation, Q3 will do a Manipulation and Q4 will do a reversal returning to Q1
-If we are Bullish we buy under Open Session
-If we are Bearish we buy above open session
As in the example below:
If something is not clear, comment below and I will reply as soon as possible.
Bitcoin Cycles IndicatorBitcoin Cycles Indicator
The "Bitcoin Cycles Indicator" is designed to provide insights into the current market cycle of Bitcoin. It utilizes a combination of market cap real and total volume transfer to generate a visual representation of the market cycle.
Indicator Phases:
Cycle Lows (Green): Indicates potential low points in the cycle.
Under Valued (Aqua): Represents phases where Bitcoin might be undervalued.
Fair Market Value (Purple): Reflects periods considered to be at fair market value.
Aggressively Valued (Orange): Marks phases where Bitcoin might be aggressively valued.
Over Valued (Red): Suggests potential overvaluation of Bitcoin in the cycle.
Bitcoin Cycles can identify periods of increased risk when transaction behavior on-chain is indicative of major cycle highs. It also identifies areas of value opportunity where on-chain transaction behavior signals major cycle lows.
Historically, Bitcoin has exhibited cyclical behavior roughly every four years, coinciding with significant events known as "halvings."
While the historical correlation between Bitcoin's cycles and halving events is compelling, market dynamics are subject to change. Traders and investors should approach the market with a comprehensive strategy, incorporating multiple indicators and risk management techniques to navigate Bitcoin's evolving landscape.
[PUZ] MACD MTB System MTFMACD Moving Average convergence/divergence
Here are a little articel how the MACD is calculated an how you can use it.
en.wikipedia.org
This Indicator have many differet spezifications than a normal MACD.
You can use different timeframes.
The histogramm workes a litle bit smother
The signalline have two different colors:
He is blue when the macd line is greater than the signalline and the signalline is red when the macd line is smaller than the signalline.
The macd line habe three different colores:
Color green when the macd line is greater than the macd line one period back and the macd line is under the signal line.
Color yellow when the macd line is smaller than the macd line one period back and the macd line is greater than the signalline.
Color gray when the conditions fot color yellow an green are not true
Three different types for Signals
The L1 signal show you a triange when the macd ist crossover or crossunder the signal line, you can use the L1 Threshold to filter the signals.
For example the L1 long threshold is equal to 0 than the Indicator show you only L1 long singnals when the crossover from the macd line to the signal line is smaller than 0.
This works like the same for all Signals (L2 signals / L3 signals)
The L2 signals show you a bigger triangle when the color from the macd line is eqal to yellow or green, you can use the L2 Threshold to filter the signals.
The L3 signals show you a green or red diamond when the histogramm is rising or falling, you can use the L3 Threshold to filter the signals.
Multibit Signal Compatible Indicator with DJMAD Multibit System
This Pine Script indicator is designed to function as part of the Multibit Signal System developed by DJMAD. It encompasses a comprehensive implementation of a MACD-based trading strategy with multiple threshold levels, color-coded signals, alert functionalities, and seamless compatibility with the Multibit Signal System for more sophisticated signal analysis and trading strategies.
Signal Daisychain:
Provides a configurable interface (Signal_Channel_Line1 to Signal_Channel_Line6) that allows users to select channel lines for Long and Short conditions, specifically designed for compatibility with the Multibit Signal System.
Multibit Signal Integration:
Utilizes functions from DJMAD's Signal_transcoder_library to encode and decode signals, ensuring compatibility with the Multibit Signal System for advanced signal processing and strategy development.
For more Informations about the Multibit System please look at djmad Tradingview Profile.
Daily Automatic OTE (FX4LIVING)Description:
The Daily Automatic OTE is the Free version of the Automatic OTE (FX4_LIVING) . Unlock the Daily OTE with this advanced indicator, simplifying the intricate world of Daily Fibonacci retracements.
In collaboration with FX4_LIVING, key levels are thoughtfully grouped for enhanced ease and organization. These include the High, Low, Equilibrium (EQ), and the Optimal Trade Entry (OTE).
Optimal Trade Entry is a concept taught by the Inner Circle Trader utilizing fibonacci retracements to gauge when price is considered in Premium or Discount. When price reaches 62% retracement of the anchored swings, price enters an area considered for an optimal trade entry.
This said, these levels can act as much more than a simple retracement tool, showing continuous levels that price refers back to based on Premium and Discount prices of the previous interval.
CME_MINI:NQ1! Price trading from Premium to Discount, landing at OTE at the end of the Day:
... another CME_MINI:NQ1! example, the following Day:
This tool provides with default levels aligned to FX4_LIVING's Trading Models. The integrated data table offers a distilled view of price action, enabling easy tracking where price is trading compared to the previous Day in percentage – where the High and the Low represent Previous Daily High and Previous Daily Low interchangeably. This feature allows you to quickly know where price is, even if you decide to hide the Fibonacci Levels.
Key Features:
Versatility Across Assets: Daily Automatic OTE is meticulously designed for futures, forex, and bond markets, offering a comprehensive solution for a wide range of financial instruments.
Adaptive Table Colors: witness the data table adapt its colors when price approaches OTE levels, aligning seamlessly with Fibonacci levels.
Other Features:
Customize Fibonacci and Key Level Line Style.
Personalize Fibonacci and Key Level Line Color.
Adjust Fibonacci and Key Level Line Width.
Tailor Table Size and Location.
Usage Guidance:
Add Daily Automatic OTE to your Tradingview chart.
Observe where and when Fibonacci Levels are traded. Leverage this invaluable information to shape your narrative, whether you choose to explore internal range liquidity or capitalize on post-purge reversals.
Customize your desired Timeframe and Fibonacci Levels according to your preferences.
These tools are available ONLY on the TradingView platform.
Automatic OTE (FX4LIVING) [Pro+]Description:
Unlock the precision of your trading endeavors with our cutting-edge Automatic OTE Fibonacci Tool. This advanced indicator not only simplifies the intricate world of Fibonacci retracements but also introduces a unique time-based anchoring feature.
Thanks to the Timeframe feature, analysts can anchor Fibonacci High and Low values to any selected timeframe. While many find Monthly, Weekly, Daily, 4H, and 1H ranges effective, our tool offers unparalleled flexibility, allowing custom Tradingview times for 90-minute candle ranges and other bespoke intervals.
In collaboration with FX4_LIVING, key levels are thoughtfully grouped for enhanced ease and organization. These include the High, Low, Equilibrium (EQ), and the Optimal Trade Entry (OTE).
Optimal Trade Entry is a concept taught by the Inner Circle Trader utilizing fibonacci retracements to gauge when price is considered in Premium or Discount. When price reaches 62% retracement of the anchored swings, price enters an area considered for an optimal trade entry.
This said, these levels can act as much more than a simple retracement tool, showing continuous levels that price refers back to based on Premium and Discount prices of the previous interval.
15s Chart + 15m Automatic OTE:
5m Chart + 4H Automatic OTE:
This tool provides analysts the flexibility to input various Fibonacci Levels, with default settings aligned to FX4_LIVING's Trading Models. The integrated data table offers a distilled view of price action, enabling easy tracking where price is trading compared to the previous selected interval in percentage – where the High and the Low represent 0% and 100% interchangeably. This feature allows you to quickly know where price is, even if you decide to hide the Fibonacci Levels.
Key Features:
Versatility Across Assets: Auto OTE Pro+ is meticulously designed for futures, forex, and bond markets, offering a comprehensive solution for a wide range of financial instruments.
Timeframe Customization: Auto OTE Pro+ allows users to anchor timeframes, providing analysts with the flexibility to explore various ranges.
Adaptive Table Colors: witness the data table adapt its colors when price approaches OTE levels, aligning seamlessly with Fibonacci levels.
Other Features:
Customize Fibonacci and Key Level Line Style.
Personalize Fibonacci and Key Level Line Color.
Adjust Fibonacci and Key Level Line Width.
Tailor Table Size and Location.
Usage Guidance:
Add Auto OTE to your Tradingview chart.
Observe where and when Fibonacci Levels are traded. Leverage this invaluable information to shape your narrative, whether you choose to explore internal range liquidity or capitalize on post-purge reversals.
Customize your desired Timeframe and Fibonacci Levels according to your preferences.
These tools are available ONLY on the TradingView platform.
Terms and Conditions
Our charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. Our charting tools are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using our charting tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products.
Finally, the purchaser indemnifies the seller from any and all liability. If the purchaser was invited through the Friends and Family Program, they acknowledge that the provided discount code only applies to the first initial purchase of the Toodegrees Premium Suite subscription. The purchaser is therefore responsible for cancelling – or requesting to cancel – their subscription in the event that they do not wish to continue using the product at full retail price. If the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We hold no reimbursement, refund, or chargeback policy. Once these Terms and Conditions are accepted by the Customer, before purchase, no reimbursements, refunds or chargebacks will be provided under any circumstances.
By continuing to use these charting tools, the user acknowledges and agrees to the Terms and Conditions outlined in this legal disclaimer.
Market SessionsDraws a vertical line at market opens and closes.
The colors can be changed and the opening times can be changed too.
Daye Quarterly Theory ~ DQT [Liquidity_Pro]Thanks
This indicator puts the time-based research of trader Daye on your chart. Daye studied the ICT killzones and macro times and presented his findings, as “Quarterly Theory” on YouTube. Thank you Daye for sharing!
This indicator is not the first, so S/O to @toodegrees, @a1tmaniac and @joshuuu for their own excellent Quarterly Theory indicators. Last but not least, huge thanks go to ICT for his trading innovation and generous free price action education and to @twingall for his insight, attention to detail and great teamwork coding this indicator.
Daye’s Quarterly Theory
First, the fundamental concept is that all units of time can be divided by four into quarters -- just as we look at the year’s corporate reporting cycle of Q1, Q2, Q3, and Q4.
Dividing the day by four, into six hour quarters and again into 90 minute quarters and again into 22.5 minute ‘Micro’ quarters we reach the smallest unit shown by this indicator. Apply it to your NQ1! or ES1! charts and you may see remarkable confluence with the ICT macro times!
Why would we want to do this? It helps us understand, visualize and predict ICT’s PO3 concept:
• A - Accumulation (required for a cycle to occur)
• M - Manipulation
• D - Distribution
• X - Reversal/Continuation
The bottom line - we want to sell after a manipulation (M) up, or buy after a manipulation down and Quarterly Theory plots times on your chart where this may occur. Every asset is different, so back-test and research it.
Note, this indicator always shows Q1 as the accumulation quarter (by color), but the order is not fixed and instead of AMDX may appear as XAMD, where Q1 is the Reversal/Continuation quarter. We may eventually offer an update to this indicator which would automatically transpose the quarter colors for you.
The Quarters
Yearly:
• Q1 - Jan, Feb, Mar
• Q2 - Apr, May, Jun
• Q3 - Jul, Aug, Sep
• Q4 - Oct, Nov, Dec
Monthly (starts with the first month’s Monday regardless of the date):
• Q1 - Week 1, first Monday of the month
• Q2 - Week 2, second Monday of the month
• Q3 - Week 3, third Monday of the month
• Q4 - Week 4, fourth Monday of the month
Weekly (Daye ignores Friday and Sunday’s price action):
• Q1 - Mon
• Q2 - Tue
• Q3 - Wed
• Q4 - Thu
Daily (times are all EST / New York):
• Q1 - 18:00 - 00:00 Asia
• Q2 - 00:00 - 06:00 London
• Q3 - 06:00 - 12:00 NY AM
• Q4 - 12:00 - 18:00 NY PM
90 Minute:
• Q1 - 18:00 - 19:30
• Q2 - 19:30 - 21:00
• Q3 - 21:00 - 22:30
• Q4 - 22:30 - 00:00
Micro (22.5 minute quarters, DQT only displays Micros on 7 minute TF or lower)
• Q1 - 18:00 - 18:22:30
• Q2 - 18:22:30 - 18:45
• Q3 - 18:45 - 19:07:30
• Q4 - 19:07:30 - 19:30
About the DQT Indicator
This indicator plots the quarterly time boxes in a panel which can be placed above or below your chart. It allows you to add labels with the opening time and dates and also place time of day markers which can be useful for anyone who wants to mark lunch, and of the trading day or perhaps a favorite ICT macro time. It also works on GOLD (CAPITALCOM), DXY (TVC), currencies and stocks in Regular Trading Hour (RTH) mode.
Note the way that the indicator displays quarters is affected by the time frame you are viewing and as a result you may notice imperfections. Also, the indicator is not tuned to work with every broker, so for example with DXY, you will see the TVC feed is displayed nicely but other feeds are not.
Settings
The DQT indicator offers a great deal of flexibility to customize the display of quarters aesthetically. But it’s designed to work out-of-the-box on both light and dark background charts. It's set up to only show 90 minute and micro quarters initially, but in the settings, you can turn on the daily, weekly, monthly, and yearly quarters. Remember you will only see the Micros on the 7 minute TF or lower.
Lastly, the DQT indicator works well with our DOB indicator allowing you to visualize the confluence of high timeframe PDAs or POIs with manipulation quarters.
If you find our indicators useful, please boost, comment and share -- it's very motivational for us to develop them further and publish new ones!
TotalCustomTotalCustom sums our custom altcoin list's market caps together.
Primarily used to compare to the following:
A. price of bitcoin
B. Total 1, Total 2, Total 3
Used in the following way:
When there is a large gap on fixed time frames (i.e. 3 month, 6 month, YTD) between this indicator and the main comparisons, it is generally considered a good time to buy.
Bull Bear Indicator (BBI)/Introduction
The Bull Bear Indicator (BBI) identifies bull market conditions and bear market conditions for equity investors so they can avoid missing a bull market or getting caught in a bear market.
/Signals
There are two signals:
1. Bull Market Alert - This indicates prices of stocks in the broader market are rising.
2. Bear market Alert - This indicates prices of stocks in the broader market are falling.
Both signals are indicated by a background colour and an upward/downward triangle. A green background and an upward green triangle below the bar signifies an environment of rising prices. A red background and a downward red triangle above the bar indicates an environment of falling prices.
Lack of a coloured background indicates a transition period from Bull to Bear or Bear to Bull conditions. The transitions may be rapid during periods of high volatility.
/Construction
The indicator is constructed using market breadth, price action and moving averages.
1.Market Breadth:
Definition: Market breadth refers to the number of stocks advancing versus the number declining in the stock market. It provides insight into the overall health and strength of a market move.
Use in Identifying Bull/Bear Markets:
Bull Market Indicators: In a bull market, market breadth is typically strong, with a large number of stocks advancing. This indicates widespread participation in the market rally, confirming the strength and sustainability of the upward trend.
Bear Market Indicators: Conversely, in a bear market, market breadth weakens, with more stocks declining than advancing. This suggests that the downward movement is broad-based across the market, reinforcing the bearish sentiment.
How the indicator does this: The number of stocks in a bullish/bearish trend is counted and normalised to a percentage to determine what percentage of stocks in the overall market are bullish/bearish.
2. Price Action:
Definition: Price action involves the study of historical price movements to predict future price direction. It includes analyzing patterns, trends, and the reactions of prices to certain levels (like support and resistance).
Use in Identifying Bull/Bear Markets:
Bull Market Indicators: In a bull market, price action typically shows higher highs and higher lows, indicating an ongoing upward trend. The reaction to support levels is often strong, with prices bouncing off these levels.
Bear Market Indicators: In a bear market, the price action is characterized by lower highs and lower lows. Prices tend to break through support levels and bounce off resistance levels, reflecting the dominant downward trend.
3. Trend Analysis:
Definition: Trend analysis involves identifying the direction and strength of market movements. This was done using moving averages.
Use in Identifying Bull/Bear Markets:
Bull Market Indicators: A bull market is often identified by upward-sloping trendlines and prices consistently staying above key moving averages.
Bear Market Indicators: In a bear market, the trendlines slope downwards, and prices remain below key moving averages.
How the indicator does this: The average closing prices of the largest capitalised stocks and their intermediate trend is assessed relative to their moving averages, the moving average combines price action and trend because it is simply the average closing price over time.
/Originality
This indicator is simple and effective in that it uses multiple factors to assess the market environment. Market breadth gives an overview of the participation level in the market trend, price action helps identify specific patterns and reactions to key levels indicating a bull or bear market, and trend analysis provides a macro view of the market direction and its strength. Combining these tools can gives a comprehensive picture of the market environment and help in distinguishing between bull and bear markets. The market environments are boldly marked out through background colours and triangle markers. The indicator performance is only valid from 2002 to date because the market breadth data used is not available before this date.
Why market Market breadth: Because it takes into account all the stocks in the market, this is essential in identifying the level of participation in a trend.
Why moving averages: Because it ensures that the price action and overall trend of the stocks can be monitored over a given lookback period
So together, moving average/price action + market breadth = trend + participation
Note:
The indicator has no predictive power, performance described here does not guarantee future results. Equity markets are particularly volatile and prone to cycles, and individual psychology can significantly affect indicator interpretation. Price data may also vary across exchanges.
/Settings
The parameters are fixed and there is no room for optimisation however, style settings can be modified by the user.
/Tickers
The BBI indicator is ticker agnostic but best viewed on a 1 day chart of the SPY.
Klinger Oscillator AdvancedThe Klinger Oscillator is not fully implemented in Tradeview. While the description at de.tradingview.com is complete, the implementation is limited to the pure current volume movement. This results in no difference compared to the On Balance Volume indicator.
However, Klinger's goal was to incorporate the trend as volume force in its strength and duration into the calculation. The expression ((V x x T x 100)) for volume force only makes sense as an absolute value, which should probably be expressed as ((V x abs(2 x ((dm/cm) - 1)) x T x 100)). Additionally, there is a need to handle the theoretical possibility of cm == 0.
Since, in general, significantly more trading volume occurs at the closing price than during the day, an additional parameter for weighting the closing price is implemented. In intraday charts, considering the closing price, in my opinion, does not make sense.
The TradeView implementation is displayed on the chart for comparison. Particularly in the analysis of divergence, significant deviations become apparent.
Seasonal Market Strategy (SMS)/Introduction
The Seasonal Market Strategy (SMS) is not a technical strategy, it is based on market seasonality and draws heavily from the work of Yale Hirsch, creator of the Stock Trader's Almanac.
/Signals
The strategy is long only. Four different seasonal signals are generated to ensure stock market history, cycles, psychology and patterns are turned into actionable trades. The signals are:
1. Sell in May and Go Away: A strategy suggesting investors sell stocks in May and avoid the market until November, based on historical underperformance during this period.
2. Turn of the Month: Trading tactic that capitalises on the tendency of stock prices to rise at the month's beginning.
3. Santa Claus Rally: Refers to the often-seen increase in stock prices around Christmas and the New Year.
4. Turn Around Tuesday: A pattern where stock markets rebound on Tuesdays following a decline on Mondays.
There is no logic or calculation, just dates for entry and exit. These seasonal patterns are explained in various places online for those who want to understand why they are profitable. Stock Trader's Almanac is a good resource to start with.
/Interpretation
SMS will display an upward blue arrow signifying a buy signal after the candle closes, when entry conditions are met. A label below the arrow will describe which signal was triggered and a number depicting the number of units (they can be deactivated in the style settings). SMS will also display a downwards pink arrow above the candle when the exit conditions are met.
/Strategy Results
The backtest results are based on a starting capital of $13,700 (convenient amount for retail traders) with 5% of equity for the position size and pyramiding of 4 consecutive positions because there are four signals. Because of the large amount of trades, this strategy is suitable with brokers that do not charge commissions, so commissions is set to zero while slippage of 3 ticks is used to ensure the results are representative of real world, market order, end-of-day trading. The backtest results are available to view at the bottom of this page.
NOTE:
Past results are not indicative of future results. The strategy is backtested in ideal conditions, it has no predictive abilities and seasonal trends may breakdown at anytime hence, results from live trading may not achieve the same performance shown here as each trader may introduce subjectivity or interfere with its performance or market conditions might change significantly.
/Tickers
This strategy has been backtested on the Dow Jones Industrial Average ETF with ticker DIA but it also performs well with the SPY ticker which is the ETF for the S&P500.
ICT Times [joshu]This TradingView indicator provides a comprehensive view of ICT killzones, Silver Bullet times, and ICT Macros, enhancing your trading experience.
In those time windows price either seeks liquidity or imbalances and you often find the most energetic price moves and turning points.
Features:
Automatic Adaptation: The ICT killzones intelligently adapt to the specific chart you are using. For Forex charts, it follows the ICT Forex times:
Asia: 2000-0000
London: 0200-0500
New York: 0700-1000
London Close: 1000-1200
For other charts, it uses the following session times:
Asia: 2000-0000
London: 0200-0500
New York AM: 0830-1100
New York PM: 1330-1600
Silver Bullet Times:
0300-0400
1000-1100
1400-1500
How to Use:
Simply apply the indicator to your chart, and the session boxes and Silver Bullet times will be plotted automatically.
Gann toolbox - Custom boxGann toolbox - Custom box
█ OVERVIEW
This script is designed to draw Gann boxes based on pivotal levels. It is made make it easy by being interactive where you do not have to input data manually but rather select your two points right after adding the script by clicking on the levels on the chart itself.
In addition, this script has some great features, such as the ability to select the number of divisions wanted up to three with a click from the menu and to adjust the end date based on the selected pivotal level. Not to mention that you can automatically add a follow-up box right after
The divisions included are the one division ( at 50% ), the two divisions ( at .333% and 666% ), and finally the three divisions ( at 25%, 50%, and 75% ).
You can also display the golden ration in Time and Price on your box when it's on the one division setting.
When choosing a different end point you're presented with 4 options for using your 2nd point as :
- 25% of the box
- 50% of the box
- 33 days total size box ( for lower time frame trading )
- 45 days total size box.
You can enable/disable multiple lines using the styling options.
█ Future Plans and upgrades to this script may include :
1. Box current volume.
2. Stat information box.
and more! feel free to let me know what you'd like to see!
█ How to use :
1. Put the script on your chart
2. You are going to be asked to select your first pivotal level, then your second pivotal level. Simply select them by clicking on the level on the chart.
give the script a few seconds and you should be set.
Blockunity Stablecoin Liquidity (BSL)Monitor the liquidity of the crypto market by tracking the capitalizations of the major Stablecoins.
Stablecoin Liquidity (BSL) is an ideal tool for visualizing data on major Stablecoins. The number of Stablecoins in circulation is one of the best indices of liquidity within the crypto market. It’s an important metric to keep an eye on, as an increase in the number of Stablecoins in circulation offers a great opportunity to see cryptoasset prices rise. The tool’s multiple on-board display modes enable analysis of its data in the best possible conditions.
The Idea
The goal is to provide the community with the ideal tool to visualize the liquidity of the crypto market, via the state of the market capitalizations of the major Stablecoins.
How to Use
The tool is very easy to use and interpret. First of all, let's distinguish two main elements:
The chart as 3 distinct display modes to let you observe data in the best possible conditions.
There is a panel that summarizes the market capitalizations of the main Stablecoins.
Display Mode: Cumulative
In Cumulative mode (default), the different capitalizations are displayed one on top of the other with colored bands.
You can see that when the number of Stablecoins in circulation increases, crypto asset prices enter an uptrend. And if the liquidity of Stablecoins dries up, the trend will become bearish.
Display Mode: Aggregated
Aggregated mode displays a single line, which is the sum of the different capitalizations, varying between green and red depending on the state of this data according to its moving average declared in the 'Aggregated MA Lengh' field.
You can thus easily see trend changes and therefore opportunities to enter or exit the crypto market.
Display Mode: Independent
The Independent mode also displays the different capitalizations, but detached from each other with labels.
This display mode is particularly interesting for studying transfers from one Stablecoin to another, as can be seen below.
Other Settings
You can choose whether or not to include each of the Stablecoins data, and configure their display color. Note that in 'Cumulative' display mode, the data is taken into account even if the box is unchecked.
How it Works
The tool works in a simple way: We take the market capitalization data of the Stablecoins that interest us, then we process them according to the different display modes.
Let us know if you would like other ways of visualizing this data!
TASC 2023.12 Growth and Value Switching System█ OVERVIEW
This script implements a rotation system for trading value and growth ETFs, as developed by Markos Katsanos and detailed in the article titled 'Growth Or Value?' in TASC's December 2023 edition of Traders' Tips . The purpose of this script is to demonstrate how short-term momentum can be employed to track market trends and provide clarity on when to switch between value and growth.
█ CONCEPTS
The central concept of the presented rotation strategy is based on the observation that the stock market undergoes cycles favoring either growth or value stocks. Consequently, the script introduces a momentum trading system that is designed to switch between value and growth equities based on prevailing market conditions. Specifically tailored for long-term index investors, the system focuses on trading Vanguard's value and growth ETFs ( VTV and VUG ) on a weekly timeframe.
To identify the ETF likely to outperform, the script uses a custom relative strength indicator applied to both VTV and VUG in comparison with an index ( SPY ). To minimize risk and drawdowns during bear markets, when both value and growth experience downtrends, the script employs the author's custom volume flow indicator (VFI) and blocks trades when its reading indicates money outflow . Positions are closed if the relative strength of the current open trade ETF falls below that of the other ETF for two consecutive weeks and is also below its moving average. Additionally, the script implements a stop-loss when the ETF is trading below its 40-week moving average, but only during bear markets.
The script plots the relative strengths of the value and growth equities along with the signals triggered by the aforementioned rules. Information about the current readings of the relative strength and volume flow indicators, along with the current open position, is displayed in a table.
█ CALCULATIONS
The script uses the request.security() function to gather price data for both equities and the reference index. Custom relative strength and volume flow indicators are calculated based on the formulas presented in the original article. By default, the script employs the same parameters for these indicators as proposed in the original article for VTV and VUG on a weekly timeframe.
Volume ForecastThe Volume Forecast indicator on TradingView is a comprehensive tool designed to analyze historical price action and project future market movements based on the average sizes of candles. Incorporating various data points such as candle high/low, open/close, and real volumes, Volume Forecast provides traders with a holistic view of market dynamics, allowing for more informed decision-making.
Key Features:
Multi-Data Source Analysis:
Volume Forecast seamlessly integrates multiple data sources, including candle high/low, open/close prices, and real volumes. By considering these diverse elements, the indicator offers a nuanced understanding of market conditions.
Historical Candle Size Analysis:
The indicator conducts a thorough analysis of historical candle sizes, capturing key data points to calculate the average candle size over a specified period. This historical context serves as the foundation for forecasting future candle sizes.
Customizable Forecasting Parameters:
Traders have the flexibility to fine-tune forecasting parameters to align with their trading strategies. Whether focusing on open/close relationships, high/low points, or real volumes, users can customize the indicator to suit their preferences.
Predictive Algorithm:
Volume Forecast employs a sophisticated predictive algorithm that leverages historical candle size data to project the potential size of upcoming candles. This algorithmic approach enhances the indicator's accuracy in forecasting market movements.
Visual Clarity:
The indicator provides a clear visual representation on the TradingView chart, displaying historical candle sizes and forecasted values. Color-coded elements and visual cues help traders quickly interpret the data, facilitating timely decision-making.
Adaptive Real-Time Updates:
Volume Forecast dynamically updates in real-time, ensuring traders have access to the latest information. This adaptability allows for swift adjustments to trading strategies in response to changing market conditions.
Comprehensive Market Compatibility:
Whether trading stocks, forex, cryptocurrencies, or commodities, Volume Forecast is compatible across various financial instruments and timeframes. This versatility makes it a valuable asset for traders in different markets.
User-Friendly Interface:
With an intuitive interface, Volume Forecast is accessible to traders of all experience levels. The indicator's user-friendly design streamlines the analysis process, making it easier for traders to incorporate it into their trading routines.
In summary, Volume Forecast is a robust TradingView indicator that combines historical candle size analysis with advanced forecasting techniques. By incorporating multiple data sources and offering customization options, it empowers traders to make more informed decisions in anticipation of market movements. Whether used independently or in conjunction with other tools, Volume Forecast is a valuable asset for traders seeking a comprehensive understanding of market dynamics.
