Barholle eMA and RSI Movement TestThis is a test that offers insight into whether and asset is heading into bullish or bearish territory.
This indicator/test offers insight into the Exponential Moving Average's velocity and acceleration as well as the Stochastic RSI's velocity, acceleration and jerk. Included is a 'Stochastic Difference' and 'Stochastic Growth' indicators (commented out) that measure the difference between K and D in the Stoch RSI as well as the rate of it's change. This test is all about crossovers - the best leading indicator is a downward cross of the eMA velocity over the eMA acceleration, indicating a drop in price in the current or next bar.
The lines or importance have been set to -2 and 5, but these should be adjusted to suit your preferences. These numbers were chosen in order to try and create some kind of threshold after which action might be suggested. Backtesting is highly recommended so you can see how the test does and does not work. It is super powerful, but it is not omniscient - its an RSI and eMA derivative, past success does not necessarily dictate future success.
Please look at the code for several more plots you can use of derivatives and other ideas explore but commented out for greater legibility of the graph. Commenting and commenting (or uncommenting all and just disabling some in the settings) and comparing the graphs and crossovers is a useful exercise. To that end, one last concept - the MARSI - a combined moving averages and RSI measurement - was abandoned because it didn't appear to indicate anything of use, however you may find crossovers or patterns with it comparing it to other graphs, so it was left in but commented.
Please take a look at the comments and all the math and indicators 'left on the cutting room floor' in the script. Maybe you'll find a gem in the redux version of this script.
Outreach regarding the script, patterns noticed and full-on stealing of the script are all permitted. Many elements of this script were nabbed from other scripts - thank you to a community of coders who put it all out there.
Üstel Hareketli Ortalama (EMA)
[francrypto® strategy] 4 EMAs, P.SAR & Vol.Prof. (by kv4coins)(ENG)
This script consists of my own strategy for cryptocurrency (but can be adapted very well for stocks, forex, etc.)
Is a combination of:
- Four Exponentials Moving Average (EMA), configurables: by defect are 10, 21, 55 and 200 periods in yellow, aqua, orange and blue each of them
- Parabolic SAR System (PSAR), configurable
- Volume Profile (that has been developed by kv4coins - he has already authorized me to use it under the same OSS Licence Terms: MPL 2.0), configurable: with another default values and bilingual support for Spanish (SPA)
How it works
1) It is always better to detect specifics candlesticks or patrons: doji , pinbar or inverted pinbar , engulfing bars , morning star or evening star , harami , twizzer bottom or top , etc.
2) The 10 and 21 periods EMA help to identify the short-term behavior
3) The 55 periods EMA can be used like a support or resistance in medium-term, as 200 periods EMA in very long-term
4) It will convenient search for a double cross (10 & 21) or a triple cross (10, 21 & 55) to determine the medium-term change Downtrend to UpTrend (or viceversa)
5) Confirm the change patron with the Parabolic SAR and then identify potencials purchases or sales
6) Use Volume profile to detect potential supports or resistances areas, in order to set stop limit/loss and take profit orders.
Hope this helps!
Cheers,
FRANCRYPTO®
–––––– 0 ––––––
(ESP)
Este script consiste en mi propia estrategia para criptomonedas (pero puede adaptarse muy bien para acciones, forex, etc.)
Es la combinación de:
1) Cuatro Medias Móviles Exponenciales (EMA), configurables: por defecto son de 10, 21, 55 y 200 períodos en amarillo, turquesa, naranja y azul cada una de ellas
2) Sistema Parabolic SAR (PSAR), configurable
3) Perfil de Volumen (que fuera desarrollado por kv4coins - que ya me ha autorizado a su uso bajo las mismas condiciones de la Licencia OSS: MPL 2.0), configurable: con otros valores por defecto y soporte bilingüe para Español (SPA)
Cómo funciona
1) Siempre va a resultar mejor detectar velas japonesas específicas o patrones: doji , martillos o martillos invertidos , velas envolventes , patrón amanecer o atardecer , harami , velas gemelas , etcétera
2) La EMA de 10 y 21 períodos ayudan a identificar el comportamiento de corto plazo
3) La EMA de 55 períodos puede ser usada como un soporte o resistencia de mediano plazo, como así también, la EMA de 200 períodos en el muy largo plazo
4) Será conveniente buscar un doble cruce (10 & 21) o un triple cruce (10, 21 & 55) para determinar un cambio de la tendencia de mediano plazo de bajista hacia alcista (o viceversa)
5) Confirmá el patrón de cambio con la Parabólica de SAR y entonces identificá potenciales compras o ventas
6) Usá el perfil de volumen para detectar las potenciales zonas de soporte o resistencia, principalmente para establecer ordenes stop limit/loss o take profit.
¡Espero que pueda serles de utilidad!
Saludos,
FRANCRYPTO®
[JRL] Multi-Symbol Strength TrackerI created this script to compare cryptocurrencies that tend to be correlated, but it could also be used for forex or any other market. It is a fairly simple concept and compares price of each symbol to the specified period ema. This is helpful for tracking highly correlated symbols and visualizing moments when they are out of sync, perhaps signaling good times for buying or selling.
Moving Average ToolThe Moving Average Tool is the only indicator you will ever need to plot MA lines. It comes loaded with 9 different types of moving averages so traders can lay down any line at any length. There is also an option to plot a trigger line. Features: SMA , SMMA, EMA, LSMA, ZLSMA, HULL, LWMA, VWMA and ALMA. Simply pick an average type and enter the desired length.
RSI Over EMA (Range Lines)This is another version of the RSI over EMA Trend Sniper script that I released here:
This one gives you better control across pairs wither higher volatility with the extra lines and more alert possibilities.
Here are the useful Alert functions within this indicator:
LONGS:
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Lower Green line
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Upper Green line
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Lower Amber line
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Upper Amber line
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Lower Red line
-Aqua line (RSI Line) - Crossing UP (Long Alert) on the Upper Red line
SHORTS:
-Aqua line (RSI Line) - Crossing DOWN (Short Alert) on the Lower Green line
-Aqua line (RSI Line) - Crossing DOWN (Short Alert) on the Upper Green line
-Aqua line (RSI Line) - Crossing DOWN (Short Alert) on the Lower Amber line
-Aqua line (RSI Line) - Crossing DOWN (Short Alert) on the Upper Amber line
-Aqua line (RSI Line) - Crossing DOWN (Short Alert) on the Lower Red line
-Aqua line (RSI Line) - Crossing DOWN (Short Alert) on the Upper Red line
You can setup alerts for the Aqua line (RSI Line) 'crossing up' (Long Alert) or 'crossing down' (Short Alert) on any of the colored EMA lines.
By default the lines are spread out at 10/20/30 and that should cover high volatility charts. But, this is customizable and you can reduce the size of Green/Amber/Red lines to try and get a better more focused setup for whichever coin you are trading on. I have found this version of the RSI over EMA to work better with alt coins that are generally more volatile, but using it on Bitcoin works too.
I am using this for Cryptocurrency alerts, but not for automation to enter or exit a trade. It's important to only use this on normal candles, and only use it as a confirmation of a possible good entry or exit.
PSAR + EMA + TEMACombined PSAR with EMA and/or TEMA lines, including fast/slow plots, for entry/exit signals. Includes signals for all plots.
Credit to TEMA With Alert by BerkSay and Parabolic SAR by Alex Orekhov (everget).
EMA based ATR Stops-If the FAST EMA is ABOVE the SLOW EMA then the ATR Stops will be placed x amount BELOW the lows
-If the FAST EMA is BELOW the SLOW EMA , then the ATR Stops will be placed x amount ABOVE the highs
-If the fast ema is above the slow ema but they are sloping down, their colours will turn to a shade of blue
-If the fast ema is below the slow ema but they are sloping up, their colours will turn to a lighter shade of blue
-I added an extra ema but it is off by default
TAYOR!
Awesome Heikin Ashi [Morty]This indicator uses Heikin Ashi candles and two EMAs to help you follow the trend and enter the trade. Heikin Ashi candles help to smooth the price and EMAs are used to detect trend. The default parameter of EMA is EMA10 and EMA20. You can use it at any timeframe. You should always adjust the EMA length according to different timeframes.
Features:
- Highlight background based on two EMAs
- Adjustable EMA length
- Adjustable Label size
- Show entry and exit signal labels
- Show stoploss price
- You can choose Long only or Short only or both signals
- Alert functions for notification
NOTE: If you use this signal to enter a trade, make sure the candle is close and enter in the next candle.
[Sidders] MACDEMASAR IndicatorCame across a cool idea for a strategy that couldn't find in the indicator database, so decided to code it up myself for your pleasure.
Indicators consists of 3 indicators: EMA(200) to determine the overall trend, and the MACD & Parabolic SAR to determine entries (and exits).
Long entry contains 4 conditions and is generated when price is above the 200EMA (1), the MACD crosses above the signal line (2), while they are both below 0 line (3) and when the parabolic SAR is below the closing price of the bar (4).
Short entry is build up the same but in reverse: price is below the 200EMA(1), signal line crosses below the MACD line (2), while they are both above the 0 line (3) and when the parabolic SAR is above the closing price of the bar (4).
Place the stoploss on the parabolic SAR dot below/above the candle that created the signal. Profit target 1:1 risk:reward ratio, but can ofcourse be changed according to your risk apetite. Might add automatically drawn SL/TPs in a later update.
Concept behind the strategy should work on all timeframes, but will require proper backtesting. I think with additional filters the strategy can also be way more finetuned and profitable, personally haven't had the time yet to dive into that.
Have also added alerts for your convenience.
Enjoy!
All in One StudyHere is my All in One Strategy converted into a Study with Alert Conditions you can use for whatever purpose you wish.
Each condition is set up similarly to the way I had the strategy set up, if you pick the indicators you want to base your alerts on it will alert you only if the check box is true.
You can pick one or more of the indicators if you'd like. I only suggest to pick one at a time so you don't have overlapping buy/sell alerts.
I think everyone will find the message of the market falling alert amusing :-)
Customizable Daily EMAs (up to 8)This indicator provides you with up to 8 different EMAs that are customizable.
You can specify how many EMAs you want on the chart (up to a maximum of 8), as well as the length and color of each EMA. In addition, the resolution of all EMAs can also be customized - by default all EMAs follow the Daily timeframe but you could set this to any timeframe you want or you could choose for it to follow the timeframe chart as most other EMA Indicators do.
The reason for creating this indicator is because I was looking for Daily EMAs, but wanted to view the chart in a different time period without the EMA lines themselves changing. In addition, I wanted to view ample EMAs at once, and have the ability to change their length as I see fit.
You can see this demonstrated on the 4-hour chart above. Despite the chart being a 4 hourly chart, the EMAs are Daily EMAs.
In the example above all 8 EMAs have been activated, but you could turn any of these off to suit your own preferences.
The default EMAs are set to the following: 20, 50, 100, 200, 5, 9, 13, 26.
The First 4 are ideal for longer-term targets, while the smaller timeframes are more suited to short-term trading targets.
I have made this script Open-source for anybody to view, copy and modify if they need.
Simple Bollinger Bands + 3 EMAWe know that the number of indicators that we can use is limited, that is why with this indicator the Bollinger Bands + 3 EMAs join and be able to use 4 indicators in 1.
Bollinger Bands (BB)
Bollinger Bands (BB) are a widely popular technical analysis instrument created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to security prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (the type of trend line and period can be changed by the trader; however a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. Typically the Upper and Lower Bands are set to two standard deviations away from the SMA (The Middle Line); however the number of standard deviations can also be adjusted by the trader.
Exponential Moving Average (EMA)
Moving averages visualize the average price of a financial instrument over a specified period of time. However, there are a few different types of moving averages. They typically differ in the way that different data points are weighted or given significance. An Exponential Moving Average (EMA) is very similar to (and is a type of) a weighted moving average. The major difference with the EMA is that old data points never leave the average. To clarify, old data points retain a multiplier (albeit declining to almost nothing) even if they are outside of the selected data series length.
The 3 EMAs that the Script has, are configured as follows:
Fast EMA (purple) 10 periods.
Slow EMA (blue) 55 periods.
Big EMA (olive) 200 periods.
However, you can configure each one with the color and the number of periods you want.
There are other indicators in the Public Library that have similar functions to this Script, but they all do it in a more complex and less friendly way when configuring it, for this reason we wanted to keep this Script as simple as possible.
Ehlers NonLinear Filter [CC]The NonLinear Filter was created by John Ehlers and this one of his more unknown filters that work very well as a trendline and moving average. This is one of my favorites along with the instantenous trendlines that he created. 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 scripts for!
EMA 730 Ribbon MTF - Support and ReistanceThe EMA 730 line is a great way to show dynamic support and resistance . Price action travels "through" this line on each timeframe. This script pulls the EMA 730 Line from multiple timeframes so a trader can visually see price action bounce between support and resistance lines. Lower bands (white lines) can be turned off using "tickbox" in settings. EMA length can also be adjusted in settings. Some charts may work better with a length of 750.
Example of EMA Bands on lower timeframe.
Table: EMA SurveillanceThis script will show information of interest about Moving Averages from the selected timeframe.
The idea is to provide data from higher timeframes (Daily preferably).
The information provided includes:
• selected length and calculation
• a relative position of the close to the average (above, below, and how much)
• how many periods passed since the moving average has been tested - any break counts as a test, it doesn't have to close on the opposite side
Global Settings:
• Timeframe of the moving averages
• Choose to see simple words such as "Above" / "Below" OR the specific percentage OR how much percentage % it moved from the moving average?
• EMA or SMA
Moving Average Settings:
• Up to 6 different lengths
• You can deactivate the averages you don't need
I hope it will be useful. Good luck!
Yusram Mount MaV - Day MaVYüsram Mount HO - Day HO
This indicator shows the comparison between the 7-day fast simple average and the monthly slow average of 5 bars. The red line indicates the monthly green and blue lines the daily average. If the Green-Blue line crosses the red upwards, it is a buy signal and the opposite is a sell signal. As soon as it turns green blue without waiting for the sell signal, a sell signal is created. If you are trading fast, you can consider turning green to blue as an opportunity. In the long run, the red intersection can be interpreted as a Stop point.
I hope it will be useful to everyone.
You can also find the strategy indicator with the same name.
I got the name of this indicator from my daughter's name. The meaning of the name Yüsra means "convenience". I hope this indicator will help you.
Advance AMA with Sylvain BandsMany traders believe that the moving averages are favorite tools and analysts have spent decades trying to improve moving averages partiularly the simple moving average. One way to address the disadvantages of moving averages is to multiply the weighting factor by a volatility ratio which is called Adaptive moving averages.
This indicator uses an special adaptive moving averages which is developed by John Ehlers. The model adapts to price movement “based on the rate change of phase as measured by the Hilbert Transform Discriminator”. This method of adaptation features a fast and a slow moving average so that the composite moving average swiftly responds to price changes and holds the average value until the next bars close. In addition, the smoothed Volatility Bands were created by Sylvain Vervoort is included.
Table: Trendingness of Days and WeeksI really love the new Pinescript creation --- tables . This one is designed to remind you of DAILY and WEEKLY data when you drop to lower timeframe charts.
Weekly and Daily HIGHS and LOWS are completely objective pieces of information. Good for declaring characteristics of a trading day.
► If any week or day is considered BULLISH, it means the CLOSING price is ABOVE PREVIOUS week's or day's HIGH. The tile will be colored green.
► If any week or day is considered BEARISH, it means the CLOSING price is BELOW PREVIOUS week's or day's LOW. The tile will be colored red.
► When none of the above happens, I do not consider the week or day to be trending. Thereby, the week or day will be colored gray.
There is also a number that represents the strength of the trend. I am not interested in open, instead, the number represents a distance from PREVIOUS HIGH to the CLOSE.
This way, I ditch open and only consider how much the price moved after the breakout. An increasing momentum between the weeks or days signifies a strength. An opposite means weakness.
Obviously, the distance is always a positive number. If an instrument moves to the downside, you know that from the color of the tile.
Lastly, there are two different DAILY EXPONENTIAL MOVING AVERAGES. It is 200 and 20. My table reports back to you last time the price was above the moving average or below it. A period of 200 is often watched by long-term investors, whereas 20 seems to be frequently favored among short-term traders.
Have a good day!
Linear Regression + Moving Average1. Linear Regression including 2 x Standard Deviation + High / Low. Middle line colour depends on colour change of Symmetrically Weighted Moving Average . Green zones indicate good long positions. Red zones indicate good short positions. (Custom)
2. Symmetrically Weighted Moving Average. Colour change depending on cross of offset -1. (Fixed)
3. Exponentially Weighted Moving Average. Colour change depending on cross with Symmetrically Weighted Moving Average. (Custom)
Borg's BaselineMoving average baseline comprised of and an adjustable Keltner Channel band around the MA.
Used as directional bias indicator in systems trading.
The Secret Sauce [divonn1994]Indicates a positive buy signal when:
1) the ema close is about the ema open
2) Weis Waves are positive
3) There is a Green Candle
Indicates a sell signal when:
1) there is a red candle
2) the ema clos is below the ema open
This helps you get in at the beginning of every trend but mitigates losses if a downtrend occurs
I like to use it with 4 hour candles. I haven't tried it with lower scales.
Relative Strength Index; expertHow to use
Uptrend
Buy or Long on dip when RSI>50 or similar, RSI>Signal line and Divergence.
Downtrend
Short on dip(for a downtrend) when RSI<50 or similar, RSI<Signal line and Divergence(for a downtrend).
And you can use RSI to see if the trend has been braked yet. By drawing trend lines on RSI.
Sorry, I'm not good at English. But I am studying to be able to communicate better.
Good luck :)
Firstssk,
Crypto EMA Bands - Support and ResistanceEMA Bands for crypto markets shows support and resistance lines. Helps identify bull and bear market trends. SMA200 is white and turns yellow to signal pressure. Can also be useful for identifying Elliot waves and breakouts.