FAKKA_MACDTFC on 6 timeframes for macd
Shows when the majority of MACD across multiple timeframes is supportive
Hareketli Ortalamanın Yakınsaması / Iraksaması (MACD)
MACD/RSI/EMA D1/H4/H1This script is a custom indicator written in Pine Script, designed for use on TradingView. It combines multiple technical analysis tools to analyze market conditions across three different timeframes: daily (D1), 4-hour (H4), and 1-hour (H1). The indicator focuses on three main technical indicators: MACD, RSI, and EMA.
Key Functions:
1. MACD (Moving Average Convergence Divergence):
• The script calculates the MACD line and its signal line. It detects whether the MACD is moving upwards (bullish) or downwards (bearish) by comparing the current and previous values.
2. RSI (Relative Strength Index):
• RSI is calculated for each timeframe, and it indicates whether the market is overbought (>50, bullish) or oversold (<50, bearish).
3. EMA (Exponential Moving Average):
• The script calculates the 20, 50, and 200-period EMAs. It checks whether the short-term EMA (20) is above the medium (50) and long-term EMA (200), which would signal a bullish market. The opposite would signal a bearish market.
Timeframes:
• The indicator calculates values for D1, H4, and H1 timeframes.
Logic for Strong and Weak Signals:
• Strong Buy: All timeframes (D1, H4, H1) show a bullish trend (MACD > 0, RSI > 50, and bullish EMA conditions).
• Weak Buy: Either D1 or H4 or H1 shows a bullish trend (but not all).
• Strong Sell: All timeframes show a bearish trend.
• Weak Sell: Either D1 or H4 or H1 shows a bearish trend.
• Wait: No clear signal is present.
Table:
The results of the analysis are presented in a table at the bottom right of the TradingView chart, showing:
• MACD direction (with arrows indicating whether the MACD is bullish or bearish).
• RSI values (with arrows showing whether it’s above or below 50).
• EMA state (with arrows showing whether the market is in a bullish, bearish, or neutral state).
• Signal: The overall recommendation (strong/weak buy/sell or wait), along with the corresponding color.
This script helps traders to quickly visualize the trend strength across multiple timeframes and make more informed trading decisions based on a combination of MACD, RSI, and EMA signals.
EMA 200 Price Deviation AlertsThis script is written in Pine Script v5 and is designed to monitor the difference between the current price and its 200-period Exponential Moving Average (EMA). Here’s a quick summary:
200 EMA Calculation: It calculates the 200-period EMA of the closing prices.
Threshold Input: Users can set a threshold (default is 65) that determines when an alert should be triggered.
Price Difference Calculation: The script computes the absolute difference between the current price and the 200 EMA.
Alert Condition: If the price deviates from the 200 EMA by more than the specified threshold, an alert condition is activated.
Visual Aids: The 200 EMA is plotted on the chart for reference, and directional arrows are drawn:
A sell arrow appears above the bar when the price is above the EMA.
A buy arrow appears below the bar when the price is below the EMA.
This setup helps traders visually and programmatically identify significant price movements relative to a key moving average.
RSI, ADX, MACD & Stochastic by MBRSI, ADX, MACD & Stochastic by MB
This comprehensive trading indicator combines four powerful technical analysis tools into a single script:
Relative Strength Index (RSI): Measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.
Average Directional Index (ADX): Used to quantify trend strength and helps traders identify strong trends.
Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages of a security’s price.
Stochastic Oscillator: Compares a particular closing price of a security to a range of its prices over a certain period of time.
Features:
Adjustable Parameters: Fine-tune the length of each indicator to match your trading strategy.
Combined Oscillator: A normalized composite indicator that integrates the RSI, ADX, MACD, and Stochastic Oscillator to provide a holistic view of market conditions.
Reference Plots: Visualize individual indicators alongside the combined oscillator for deeper analysis.
Overbought/Oversold Levels: Highlight key levels to aid in identifying potential reversal points.
Parameters:
RSI Length
MA Length
ADX Length
DI Length
MACD Fast Length
MACD Slow Length
MACD Signal Length
Stochastic K Length
Stochastic D Length
Stochastic K Smoothing
This script is designed to provide traders with a comprehensive tool for analyzing market trends and identifying potential trading opportunities. The combined oscillator offers a unique perspective by integrating multiple indicators into a single, easy-to-read plot.
Enhanced MA Crossover with Clouds and Support/ResistanceОписание индикатора: "Enhanced MA Crossover with Clouds and Support/Resistance"
Общая информация:
Индикатор "Enhanced MA Crossover with Clouds and Support/Resistance" — это профессиональный многофункциональный инструмент для технического анализа, разработанный для платформы TradingView. Он объединяет в себе проверенные временем методы анализа, такие как скользящие средние (EMA), уровни поддержки и сопротивления, а также сигналы на основе RSI, чтобы предоставить трейдеру комплексное представление о состоянии рынка. Индикатор помогает определять тренды, ключевые уровни, точки входа/выхода и моменты разворота, что делает его универсальным решением для торговли на любых временных интервалах.
Основные функции:
Скользящие средние (EMA):
Индикатор отображает четыре экспоненциальных скользящих средних (EMA) с настраиваемыми периодами:
Быстрая EMA : Реагирует на краткосрочные изменения цены.
Медленная EMA : Показывает долгосрочный тренд.
Средняя EMA : Используется для фильтрации шума и выявления среднесрочных тенденций.
Длинная EMA : Помогает определить глобальный тренд.
Эти линии позволяют трейдеру быстро оценить динамику цены и силу текущего тренда.
Облака между EMA:
Между быстрой и медленной EMA формируется цветное облако:
Зеленое облако : Указывает на восходящий тренд (быстрая EMA выше медленной).
Красное облако : Указывает на нисходящий тренд (быстрая EMA ниже медленной).
Облака служат визуальным ориентиром для определения тренда и зон перекупленности/перепроданности.
Сигналы на основе пересечений EMA и RSI:
Индикатор генерирует четкие сигналы "BUY" (зеленая стрелка вверх) и "SELL" (красная стрелка вниз):
BUY : Быстрая EMA пересекает медленную EMA снизу вверх, и RSI выше 50. Это указывает на начало восходящего тренда.
SELL : Быстрая EMA пересекает медленную EMA сверху вниз, и RSI ниже 50. Это сигнализирует о возможном развороте или продолжении нисходящего тренда.
Фильтр RSI снижает количество ложных сигналов, так как учитывает силу движения цены.
Уровни поддержки и сопротивления:
Индикатор автоматически определяет ключевые уровни поддержки и сопротивления на основе локальных минимумов и максимумов (пиков и впадин). Эти уровни являются важными зонами для разворота или пробоя цены.
Уровни поддержки отображаются зелеными горизонтальными линиями , а уровни сопротивления — красными .
Пользователь может настроить глубину поиска (lookback) и порог чувствительности (threshold), чтобы адаптировать уровни под свои нужды.
Легенда текущего состояния:
В правом верхнем углу графика отображается легенда с текущим состоянием рынка:
"Long" , если быстрая EMA выше медленной.
"Short" , если быстрая EMA ниже медленной.
Легенда позволяет быстро оценить общую тенденцию и принять решение о направлении торговли.
Алерты:
Индикатор поддерживает алерты для сигналов "BUY" и "SELL". Трейдеры могут настроить уведомления через интерфейс TradingView, чтобы не пропустить важные моменты.
Фоновая анимация:
При появлении сигнала фон графика временно окрашивается в соответствующий цвет:
Зеленый фон для сигнала "BUY".
Красный фон для сигнала "SELL".
Это помогает быстро реагировать на изменения на рынке.
Как торговать по индикатору:
Определение тренда:
Используйте скользящие средние и цвет облака для определения текущего тренда:
Если быстрая EMA выше медленной (зеленое облако), рынок находится в восходящем тренде. Рассматривайте только покупки (Long).
Если быстрая EMA ниже медленной (красное облако), рынок находится в нисходящем тренде. Рассматривайте только продажи (Short).
Точки входа:
Сигналы "BUY" и "SELL" помогают определить моменты для открытия позиций:
BUY : Открывайте длинную позицию, когда быстрая EMA пересекает медленную снизу вверх, и RSI выше 50. Это указывает на начало восходящего тренда.
SELL : Открывайте короткую позицию, когда быстрая EMA пересекает медленную сверху вниз, и RSI ниже 50. Это сигнализирует о возможном развороте или продолжении нисходящего тренда.
Для повышения точности можно использовать дополнительные подтверждения, например, пробой уровней поддержки/сопротивления.
Уровни поддержки и сопротивления:
Уровни поддержки и сопротивления помогают определить важные зоны для разворота или пробоя цены:
Если цена приближается к уровню поддержки, рассмотрите возможность покупки (Long), особенно если быстрая EMA выше медленной.
Если цена приближается к уровню сопротивления, рассмотрите возможность продажи (Short), особенно если быстрая EMA ниже медленной.
Пробой уровня поддержки или сопротивления может сигнализировать о начале нового тренда.
Выход из позиции:
Закрывайте позицию, если:
Быстрая EMA пересекает медленную в противоположном направлении (например, закрывайте Long, если быстрая EMA пересекает медленную сверху вниз).
Цена достигает следующего уровня поддержки или сопротивления.
Также можно использовать стоп-лоссы и тейк-профиты для управления рисками.
Комбинирование с другими инструментами:
Для повышения точности сигналов рекомендуется комбинировать индикатор с другими инструментами анализа:
Объемы : Подтверждайте сигналы ростом объема.
Осцилляторы : Используйте MACD или Stochastic для дополнительного подтверждения.
Паттерны свечей : Ищите паттерны разворота (например, пин-бары) вблизи уровней поддержки/сопротивления.
Параметры настройки:
Параметры EMA:
Длина быстрой EMA: Период для быстрой EMA (по умолчанию: 9). Чем меньше значение, тем более чувствительна линия к изменениям цены.
Длина медленной EMA: Период для медленной EMA (по умолчанию: 21). Рекомендуется использовать значения, которые соответствуют вашему временному интервалу.
Длина средней EMA: Период для средней EMA (по умолчанию: 50). Хорошо подходит для среднесрочной торговли.
Длина длинной EMA: Период для длинной EMA (по умолчанию: 200). Используется для определения глобального тренда.
Параметры RSI:
Длина RSI: Период для расчета RSI (по умолчанию: 14). RSI помогает фильтровать ложные сигналы.
Параметры уровней поддержки/сопротивления:
Глубина поиска для уровней: Количество баров для поиска локальных минимумов и максимумов (по умолчанию: 20). Увеличьте значение для более долгосрочных уровней.
Порог чувствительности (в %): Минимальное изменение цены для определения уровня (по умолчанию: 0.3%). Уменьшите значение для более точных уровней.
Максимальное количество уровней: Количество отображаемых уровней (по умолчанию: 5). Увеличьте значение для более детального анализа.
Преимущества:
Многофункциональность: Индикатор объединяет несколько популярных инструментов анализа в одном решении, что экономит время и упрощает анализ.
Настройка: Все параметры настраиваются под индивидуальные предпочтения трейдера, что делает индикатор универсальным.
Простота использования: Интуитивно понятный интерфейс и четкие визуальные сигналы делают индикатор доступным для трейдеров любого уровня.
Автоматизация: Алерты позволяют автоматизировать процесс торговли и не пропускать важные моменты.
Рекомендации:
Перед использованием индикатора на реальном счете протестируйте его на исторических данных и оптимизируйте параметры под конкретный актив.
Для повышения точности сигналов рекомендуется комбинировать индикатор с другими инструментами анализа (например, объемами или осцилляторами).
Управляйте рисками с помощью стоп-лоссов и тейк-профитов.
AVWAP Distance (MACD Style)This indicator measures the distance of two AVWAP just like how MACD measures the distance between 2 MA's.
Enhanced BarUpDn StrategyEnhanced BarUpDn Strategy
The Enhanced BarUpDn Strategy is a refined price action-based trading approach that identifies market trends and reversals using bar formations. It focuses on detecting bullish and bearish momentum by analyzing consecutive price bars and key support/resistance levels.
Key Features:
✅ Trend Confirmation – Uses a combination of bar patterns and indicators (e.g., moving averages, RSI) to confirm momentum shifts.
✅ Entry Signals – A buy signal is triggered when an "Up Bar" (higher high, higher low) follows a bullish setup; a sell signal when a "Down Bar" (lower high, lower low) confirms bearish momentum.
✅ Enhanced Filters – Incorporates volume analysis and additional conditions to reduce false signals.
✅ Stop-Loss & Risk Management – Uses recent swing highs/lows for stop placement and dynamic trailing stops for maximizing gains.
AN_B_EMACrossEMA crossover (short-term EMA crossing above long-term EMA).
Positive MACD (MACD line greater than the signal line).
RSI above 55.
A "B" label is plotted below the candle when conditions are satisfied.
MACD Buy and Sell SignalIndikator buy dan sell berdasarkan macd, gunakan filter ema agar lebih akurat
MACD Crossover Trend Line Zones BUY/SELLIt's cool. It shows the MACD crossovers as zones, so you can tell the direction of the trend. Buy/Sell signals are just something extra, don't solely rely on them.
MACD Divergence all in oneMACD Divergence all in one
It can also be named as MACD dual divergence detector pro !
A sophisticated yet user-friendly tool designed to identify both bullish and bearish divergences using the MACD (Moving Average Convergence Divergence) indicator. This advanced script helps traders spot potential trend reversals by detecting hidden momentum shifts in the market, offering a comprehensive solution for divergence trading.
🎯 Key Features:
• Automatic detection of bullish and bearish divergences
• Clear visual signals with color-coded lines (Green for bullish, Red for bearish)
• Smart filtering system to eliminate false signals
• Customizable parameters to match your trading style
• Clean, uncluttered chart presentation
• Optimized performance for real-time analysis
• Easy-to-read labels showing divergence types
• Built-in signal spacing to avoid clustering
📊 How it works:
The indicator uses an advanced algorithm to analyze the relationship between price action and MACD momentum to identify:
Bullish Divergences:
- Price makes higher lows while MACD shows lower lows
- Signals potential trend reversal from bearish to bullish
- Marked with green lines and upward labels
Bearish Divergences:
- Price makes lower highs while MACD shows higher highs
- Signals potential trend reversal from bullish to bearish
- Marked with red lines and downward labels
⚙️ Customizable Settings:
1. MACD Parameters:
- Fast Length (default: 12)
- Slow Length (default: 26)
- Signal Length (default: 9)
2. Divergence Detection:
- Left/Right Pivot Bars
- Divergence Lookback Period
- Minimum/Maximum Divergence Length
- Divergence Strength Filter
3. Visual Settings:
- Clear color coding for easy identification
- Adjustable line thickness
- Customizable label size
💡 Best Practices:
- Most effective on higher timeframes (1H, 4H, Daily)
- Combine with support/resistance levels
- Use with trend lines and price action
- Consider volume confirmation
- Best results during trending markets
- Use appropriate stop-loss levels
🎓 Trading Tips:
1. Look for bullish divergences near support levels
2. Watch for bearish divergences near resistance zones
3. Confirm signals with other technical indicators
4. Consider market context and overall trend
5. Use proper position sizing and risk management
⚠️ Important Notes:
- Past performance doesn't guarantee future results
- Always use proper risk management
- Test settings on historical data first
- Different timeframes may require parameter adjustments
- Not all divergences lead to reversals
Created by: Anmol-max-star
Last Updated: 2025-02-25 16:15:08 UTC
📌 Regular updates and improvements planned!
Disclaimer:
This indicator is for informational purposes only. Always conduct your own analysis and use proper risk management techniques. Trading involves risk of loss, and past performance does not guarantee future results.
🤝 Support:
Feel free to leave comments for:
- Suggestions
- Improvements
- Feature requests
- Bug reports
- General feedback
Your feedback helps make this tool better for everyone!
Happy Trading and May the Trends Be With You! 📈
MACD com Sinais📌 Descrição:
Este indicador aprimora o clássico MACD (Moving Average Convergence Divergence) ao identificar automaticamente oportunidades de compra e venda com base nos cruzamentos das linhas do MACD e da linha de sinal em relação à linha zero. Ele fornece sinais claros no gráfico para ajudar os traders a tomarem decisões com mais confiança.
✅ Regras do Indicador:
Sinal de Compra (BUY): Ocorre quando a linha do MACD cruza acima da linha de sinal abaixo da linha zero. Isso indica um possível início de uma tendência de alta.
Sinal de Venda (SELL): Ocorre quando a linha do MACD cruza abaixo da linha de sinal acima da linha zero. Isso sugere uma possível reversão para baixa.
🔍 Diferenciais:
✔️ Baseado no clássico MACD com médias de 12 e 26 períodos.
✔️ Exibe setas e etiquetas diretamente no gráfico para facilitar a visualização.
✔️ Ideal para traders que operam reativamente ao mercado.
✔️ Funciona em qualquer timeframe e ativo.
📈 Como usar?
1️⃣ Adicione este indicador ao seu gráfico.
2️⃣ Aguarde os sinais "BUY" e "SELL" aparecerem.
3️⃣ Utilize em conjunto com outras confirmações (exemplo: suporte/resistência, volume, price action).
⚠️ Aviso: Nenhum indicador garante 100% de acerto. Use-o como parte de uma estratégia bem estruturada!
💡 Dica: Combine este indicador com análise técnica para maximizar sua assertividade.
12, 27, 50, EMA Trend Indicator with MACD This indicator combines 3 Exponential Moving Averages (EMAs) and the MACD. This indicator is designed to help confirm entry/exit points using multi-timeframe EMA relationships and MACD signals. I will work on incorporating RSI into this soon.
Background Color Indicators:
Green Background:
12 EMA > 27 EMA > 50 EMA (bullish alignment).
MACD Line above Signal Line → Indicates bullish market conditions.
Red Background:
12 EMA < 27 EMA < 50 EMA (bearish alignment).
MACD Line below Signal Line → Indicates bearish market conditions.
Signal Generation:
Buy Signal:
Occurs when the 12 EMA crosses above the 27 EMA, indicating short-term bullish momentum.
Confirmation requires 27 EMA > 50 EMA and MACD Line > Signal Line.
Result: Strong potential for price continuation upward.
Sell Signal:
Occurs when the 12 EMA crosses below the 27 EMA, signaling potential bearish momentum.
Confirmation requires 27 EMA < 50 EMA and MACD Line < Signal Line.
Result: Indicates potential for downward price continuation.
Exponential Moving Averages (EMAs):
12 EMA (Expansion Phase): Tracks short-term momentum shifts.
27 EMA (Momentum/Transition Phase): Acts as a bridge between short-term and mid-term trends.
50 EMA (Trend Indicator): Highlights medium-term trend direction.
415 EMA (Long-Term Trend): Filters out market noise and focuses on long-term trend direction.
MACD (Moving Average Convergence Divergence):
MACD Line: Difference between the 12-period and 27-period EMAs.
Signal Line: 9-period EMA of the MACD line.
MACD Histogram: Visualizes the distance between the MACD line and the Signal line.
Scalping StrategyThis Pine Script code defines a crypto scalping strategy that uses the RSI and MACD indicators to generate trading signals. Here’s a breakdown of how it works:
### Strategy Setup
- **Version & Name:**
The script uses Pine Script version 6 and is named "Crypto Scalping Strategy". It’s set to run on the chart (with `overlay=true`).
- **Position Sizing:**
The strategy uses 10% of the account equity per trade, as specified by `default_qty_type=strategy.percent_of_equity` and `default_qty_value=10`.
### Input Parameters
- **RSI Length:**
The RSI period is set to 14 by default (`rsiLength = input(14, title="RSI Length")`).
- **MACD Parameters:**
The MACD is computed with three inputs:
- Fast Length: 12
- Slow Length: 26
- Signal Length: 9
These values are adjustable through the input boxes.
### Indicator Calculations
- **Data Source:**
The strategy uses the closing price of the asset (`data = close`).
- **RSI Calculation:**
The Relative Strength Index (RSI) is calculated using the closing price and the defined period:
```pine
rsi = ta.rsi(data, rsiLength)
```
- **MACD Calculation:**
The MACD is computed using the specified fast, slow, and signal lengths. It returns three values, but only the MACD line and signal line are used:
```pine
= ta.macd(data, macdFastLength, macdSlowLength, macdSignalLength)
```
### Trade Entry Conditions
- **Long Entry (Buy):**
A long position is initiated when two conditions are met:
1. The MACD line crosses above the signal line (bullish crossover).
2. The RSI is below 30, suggesting the asset is oversold.
```pine
longCondition = ta.crossover(macdLine, signalLine) and rsi < 30
```
When these conditions are true, the strategy enters a long trade:
```pine
if longCondition
strategy.entry("Long", strategy.long)
```
- **Short Entry (Sell):**
A short position is taken when:
1. The MACD line crosses below the signal line (bearish crossover).
2. The RSI is above 70, indicating the asset is overbought.
```pine
shortCondition = ta.crossunder(macdLine, signalLine) and rsi > 70
```
When met, the strategy enters a short trade:
```pine
if shortCondition
strategy.entry("Short", strategy.short)
```
### Trade Exit Conditions
- **Exiting a Long Position:**
A long trade is closed if either:
1. The MACD line crosses below the signal line (a bearish crossover), or
2. The RSI rises above 50 (suggesting a shift from oversold conditions).
```pine
longExit = ta.crossunder(macdLine, signalLine) or rsi > 50
if longExit
strategy.close("Long")
```
- **Exiting a Short Position:**
A short trade is closed if either:
1. The MACD line crosses above the signal line (a bullish crossover), or
2. The RSI falls below 50.
```pine
shortExit = ta.crossover(macdLine, signalLine) or rsi < 50
if shortExit
strategy.close("Short")
```
### Summary
- **Core Logic:**
The strategy seeks to buy when the asset is oversold (RSI < 30) and shows a bullish MACD crossover, and to sell when it is overbought (RSI > 70) with a bearish MACD crossover. It exits positions based on reversals in these signals.
- **Scalping Approach:**
By using relatively short-term indicators and conditions, the strategy is geared towards quick entries and exits, which is typical for scalping in volatile markets like cryptocurrencies.
This code sets up a systematic approach to trade based on technical indicators, aiming to capture small profits from short-term price movements while managing risk by exiting trades when the market conditions reverse.
Bar Color - Moving Average Convergence Divergence [nsen]The Pine Script you've provided creates a custom indicator that utilizes the MACD (Moving Average Convergence Divergence) and displays various outputs, such as bar color changes based on MACD signals, and a table of data from multiple timeframes. Here's a breakdown of how the script works:
1. Basic Settings (Input)
• The script defines several user-configurable parameters, such as the MACD values, bar colors, the length of the EMA (Exponential Moving Average) periods, and signal smoothing.
• Users can also choose timeframes to analyze the MACD values, like 5 minutes, 15 minutes, 1 hour, 4 hours, and 1 day.
2. MACD Calculation
• It uses the EMA of the close price to calculate the MACD value, with fast_length and slow_length representing the fast and slow periods. The signal_length is used to calculate the Signal Line.
• The MACD value is the difference between the fast and slow EMA, and the Signal Line is the EMA of the MACD.
• The Histogram is the difference between the MACD and the Signal Line.
3. Plotting the Histogram
• The Histogram values are plotted with colors that change based on the value. If the Histogram is positive (rising), it is colored differently than if it's negative (falling). The colors are determined by the user inputs, for example, green for bullish (positive) signals and red for bearish (negative) signals.
4. Bar Coloring
• The bar color changes based on the MACD's bullish or bearish signal. If the MACD is bullish (MACD > Signal), the bar color will change to the color defined for bullish signals, and if it's bearish (MACD < Signal), the bar color will change to the color defined for bearish signals.
5. Multi-Timeframe Data Table
• The script includes a table displaying the MACD trend for different timeframes (e.g., 5m, 15m, 1h, 4h, 1d).
• Each timeframe will show a colored indicator: green (🟩) for bullish and red (🟥) for bearish, with the background color changing based on the trend.
6. Alerts
• The script has alert conditions to notify the user when the MACD shows a bullish or bearish entry:
• Bullish Entry: When the MACD turns bullish (crosses above the Signal Line).
• Bearish Entry: When the MACD turns bearish (crosses below the Signal Line).
• Alerts are triggered with custom messages such as "🟩 MACD Bullish Entry" and "🟥 MACD Bearish Entry."
Key Features:
• Customizable Inputs: Users can adjust the MACD settings, histogram colors, and timeframe options.
• Visual Feedback: The color changes of the histogram and bars provide instant visual cues for bullish or bearish trends.
• Multi-Timeframe Analysis: The table shows the MACD trend across multiple timeframes, helping traders monitor trends in different timeframes.
• Alert Conditions: Alerts notify users when key MACD crossovers occur.
Ultimate Trading BotHow the "Ultimate Trading Bot" Works:
This Pine Script trading bot executes buy and sell trades based on a combination of technical indicators:
Indicators Used:
RSI (Relative Strength Index)
Measures momentum and determines overbought (70) and oversold (30) levels.
A crossover above 30 suggests a potential buy, and a cross below 70 suggests a potential sell.
Moving Average (MA)
A simple moving average (SMA) of 50 periods to track the trend.
Prices above the MA indicate an uptrend, while prices below indicate a downtrend.
Stochastic Oscillator (%K and %D)
Identifies overbought and oversold conditions using a smoothed stochastic formula.
A crossover of %K above %D signals a buy, and a crossover below %D signals a sell.
MACD (Moving Average Convergence Divergence)
Uses a 12-period fast EMA and a 26-period slow EMA, with a 9-period signal line.
A crossover of MACD above the signal line suggests a bullish move, and a cross below suggests bearish movement.
Trade Execution:
Buy (Long Entry) Conditions:
RSI crosses above 30 (indicating recovery from an oversold state).
The closing price is above the 50-period moving average (showing an uptrend).
The MACD line crosses above the signal line (indicating upward momentum).
The Stochastic %K crosses above %D (indicating bullish momentum).
→ If all conditions are met, the bot enters a long (buy) position.
Sell (Exit Trade) Conditions:
RSI crosses below 70 (indicating overbought conditions).
The closing price is below the 50-period moving average (downtrend).
The MACD line crosses below the signal line (bearish signal).
The Stochastic %K crosses below %D (bearish momentum).
→ If all conditions are met, the bot closes the long position.
Visuals:
The bot plots the moving average, RSI, MACD, and Stochastic indicators for reference.
It also displays buy/sell signals with arrows:
Green arrow (Buy Signal) → When all buy conditions are met.
Red arrow (Sell Signal) → When all sell conditions are met.
How to Use It in TradingView:
Sniper TradingSniper Trader Indicator Overview
Sniper Trader is a comprehensive trading indicator designed to assist traders by providing valuable insights and alerting them to key market conditions. The indicator combines several technical analysis tools and provides customizable inputs for different strategies and needs.
Here’s a detailed breakdown of all the components and their functions in the Sniper Trader indicator:
1. MACD (Moving Average Convergence Divergence)
The MACD is a trend-following momentum indicator that helps determine the strength and direction of the current trend. It consists of two lines:
MACD Line (Blue): Calculated by subtracting the long-term EMA (Exponential Moving Average) from the short-term EMA.
Signal Line (Red): The EMA of the MACD line, typically set to 9 periods.
What does it do?
Buy Signal: When the MACD line crosses above the signal line, it generates a buy signal.
Sell Signal: When the MACD line crosses below the signal line, it generates a sell signal.
Zero Line Crossings: Alerts are triggered when the MACD line crosses above or below the zero line.
2. RSI (Relative Strength Index)
The RSI is a momentum oscillator used to identify overbought or oversold conditions in the market.
Overbought Level (Red): The level above which the market might be considered overbought, typically set to 70.
Oversold Level (Green): The level below which the market might be considered oversold, typically set to 30.
What does it do?
Overbought Signal: When the RSI crosses above the overbought level, it’s considered a signal that the asset may be overbought.
Oversold Signal: When the RSI crosses below the oversold level, it’s considered a signal that the asset may be oversold.
3. ATR (Average True Range)
The ATR is a volatility indicator that measures the degree of price movement over a specific period (14 bars in this case). It provides insights into how volatile the market is.
What does it do?
The ATR value is plotted on the chart and provides a reference for potential market volatility. It's used to detect flat zones, where the price may not be moving significantly, potentially indicating a lack of trends.
4. Support and Resistance Zones
The Support and Resistance Zones are drawn by identifying key swing highs and lows over a user-defined look-back period.
Support Zone (Green): Identifies areas where the price has previously bounced upwards.
Resistance Zone (Red): Identifies areas where the price has previously been rejected or reversed.
What does it do?
The indicator uses swing highs and lows to define support and resistance zones and highlights these areas on the chart. This helps traders identify potential price reversal points.
5. Alarm Time
The Alarm Time feature allows you to set a custom time for the indicator to trigger an alarm. The time is based on Eastern Time and can be adjusted directly in the inputs tab.
What does it do?
It triggers an alert at a user-defined time (for example, 4 PM Eastern Time), helping traders close positions or take specific actions at a set time.
6. Market Condition Display
The Market Condition Display shows whether the market is in a Bullish, Bearish, or Flat state based on the MACD line’s position relative to the signal line.
Bullish (Green): The market is in an uptrend.
Bearish (Red): The market is in a downtrend.
Flat (Yellow): The market is in a range or consolidation phase.
7. Table for Key Information
The indicator includes a customizable table that displays the current market condition (Bull, Bear, Flat). The table is placed at a user-defined location (top-left, top-right, bottom-left, bottom-right), and the appearance of the table can be adjusted for text size and color.
8. Background Highlighting
Bullish Reversal: When the MACD line crosses above the signal line, the background is shaded green to highlight the potential for a trend reversal to the upside.
Bearish Reversal: When the MACD line crosses below the signal line, the background is shaded red to highlight the potential for a trend reversal to the downside.
Flat Zone: A flat zone is identified when volatility is low (ATR is below the average), and the background is shaded orange to signal periods of low market movement.
Key Features:
Customizable Time Inputs: Adjust the alarm time based on your local time zone.
User-Friendly Table: Easily view market conditions and adjust display settings.
Comprehensive Alerts: Receive alerts for MACD crossovers, RSI overbought/oversold conditions, flat zones, and the custom alarm time.
Support and Resistance Zones: Drawn automatically based on historical price action.
Trend and Momentum Indicators: Utilize the MACD and RSI for identifying trends and market conditions.
How to Use Sniper Trader:
Set Your Custom Time: Adjust the alarm time to match your trading schedule.
Monitor Market Conditions: Check the table for real-time market condition updates.
Use MACD and RSI Signals: Watch for MACD crossovers and RSI overbought/oversold signals.
Watch for Key Zones: Pay attention to the support and resistance zones and background highlights to identify market turning points.
Set Alerts: Use the built-in alerts to notify you of buy/sell signals or when it’s time to take action at your custom alarm time.
MACD+RSI Indicator Moving Average Convergence/Divergence or MACD is a momentum indicator that shows the relationship between two Exponential Moving Averages (EMAs) of a stock price. Convergence happens when two moving averages move toward one another, while divergence occurs when the moving averages move away from each other. This indicator also helps traders to know whether the stock is being extensively bought or sold. Its ability to identify and assess short-term price movements makes this indicator quite useful.
The Moving Average Convergence/Divergence indicator was invented by Gerald Appel in 1979.
Moving Average Convergence/Divergence is calculated using a 12-day EMA and 26-day EMA. It is important to note that both the EMAs are based on closing prices. The convergence and divergence (CD) values have to be calculated first. The CD value is calculated by subtracting the 26-day EMA from the 12-day EMA.
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The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security.
The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100. The indicator was developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, New Concepts in Technical Trading Systems.
In addition to identifying overbought and oversold securities, the RSI can also indicate securities that may be primed for a trend reversal or a corrective pullback in price. It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition.
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By combining them, you can create a MACD/RSI strategy. You can go ahead and search for MACD/RSI strategy on any social platform. It is so powerful that it is the most used indicator in TradingView. It is best for trending market. Our indicator literally let you customize MACD/RSI settings. Explore our indicator by applying to your chart and start trading now!
MACD Volume Strategy for XAUUSD (15m) [PineIndicators]The MACD Volume Strategy is a momentum-based trading system designed for XAUUSD on the 15-minute timeframe. It integrates two key market indicators: the Moving Average Convergence Divergence (MACD) and a volume-based oscillator to identify strong trend shifts and confirm trade opportunities. This strategy uses dynamic position sizing, incorporates leverage customization, and applies structured entry and exit conditions to improve risk management.
⚙️ Core Strategy Components
1️⃣ Volume-Based Momentum Calculation
The strategy includes a custom volume oscillator to filter trade signals based on market activity. The oscillator is derived from the difference between short-term and long-term volume trends using Exponential Moving Averages (EMAs)
Short EMA (default = 5) represents recent volume activity.
Long EMA (default = 8) captures broader volume trends.
Positive values indicate rising volume, supporting momentum-based trades.
Negative values suggest weak market activity, reducing signal reliability.
By requiring positive oscillator values, the strategy ensures momentum confirmation before entering trades.
2️⃣ MACD Trend Confirmation
The strategy uses the MACD indicator as a trend filter. The MACD is calculated as:
Fast EMA (16-period) detects short-term price trends.
Slow EMA (26-period) smooths out price fluctuations to define the overall trend.
Signal Line (9-period EMA) helps identify crossovers, signaling potential trend shifts.
Histogram (MACD – Signal) visualizes trend strength.
The system generates trade signals based on MACD crossovers around the zero line, confirming bullish or bearish trend shifts.
📌 Trade Logic & Conditions
🔹 Long Entry Conditions
A buy signal is triggered when all the following conditions are met:
✅ MACD crosses above 0, signaling bullish momentum.
✅ Volume oscillator is positive, confirming increased trading activity.
✅ Current volume is at least 50% of the previous candle’s volume, ensuring market participation.
🔻 Short Entry Conditions
A sell signal is generated when:
✅ MACD crosses below 0, indicating bearish momentum.
✅ Volume oscillator is positive, ensuring market activity is sufficient.
✅ Current volume is less than 50% of the previous candle’s volume, showing decreasing participation.
This multi-factor approach filters out weak or false signals, ensuring that trades align with both momentum and volume dynamics.
📏 Position Sizing & Leverage
Dynamic Position Calculation:
Qty = strategy.equity × leverage / close price
Leverage: Customizable (default = 1x), allowing traders to adjust risk exposure.
Adaptive Sizing: The strategy scales position sizes based on account equity and market price.
Slippage & Commission: Built-in slippage (2 points) and commission (0.01%) settings provide realistic backtesting results.
This ensures efficient capital allocation, preventing overexposure in volatile conditions.
🎯 Trade Management & Exits
Take Profit & Stop Loss Mechanism
Each position includes predefined profit and loss targets:
Take Profit: +10% of risk amount.
Stop Loss: Fixed at 10,100 points.
The risk-reward ratio remains balanced, aiming for controlled drawdowns while maximizing trade potential.
Visual Trade Tracking
To improve trade analysis, the strategy includes:
📌 Trade Markers:
"Buy" label when a long position opens.
"Close" label when a position exits.
📌 Trade History Boxes:
Green for profitable trades.
Red for losing trades.
📌 Horizontal Trade Lines:
Shows entry and exit prices.
Helps identify trend movements over multiple trades.
This structured visualization allows traders to analyze past performance directly on the chart.
⚡ How to Use This Strategy
1️⃣ Apply the script to a XAUUSD (Gold) 15m chart in TradingView.
2️⃣ Adjust leverage settings as needed.
3️⃣ Enable backtesting to assess past performance.
4️⃣ Monitor volume and MACD conditions to understand trade triggers.
5️⃣ Use the visual trade markers to review historical performance.
The MACD Volume Strategy is designed for short-term trading, aiming to capture momentum-driven opportunities while filtering out weak signals using volume confirmation.
Moneyball EMA-MACD indicator [VinnieTheFish]Summary of the Moneyball EMA-MACD Indicator Script
Author: VinnieTheFish
Purpose:
This indicator helps traders identify trend direction, momentum shifts, and potential trade signals based on EMA and MACD crossovers.
This Pine Script is a custom indicator that combines Exponential Moving Averages (EMAs) and MACD (Moving Average Convergence Divergence) to analyze price trends and momentum. The script uses a custom 9/50 MACD with a 16 smoothing period. The script is written in a way that you can create your own custom MACD settings and create alerts based on those parameters. The chart bars are color coded based on the relative position of the MACD and Signal line primarily for bullish long trade setups.
Bar color coding helps the trader spot potential reversals based on where the price currently resides in relation to the custom 9/50 EMA based MACD and the 16 period smoothing period for the signal line. Indicator also has custom alerts to notify the trader when a potential trade setup exists that correspond with the bar color change.
Question: So why is this called the Moneywell EMA-MACD Indicator?
Answer: In the movie Moneyball the Oakland A's broke down how to win a championship based on data. To make the playoffs you needed so many wins, then broken down by runs and then broken down to base hits. A base hit was good as a walk. With trading often times we look too often for home runs and ignore the importance of getting on base with small wins. This indicator was designed on shorter timeframes to identify those base hits, but can also be adapted to higher timeframes for swing trading.
Key Features:
User Inputs:
Configurable fast and slow lengths for MACD calculation.
Choice between SMA and EMA for oscillator and signal line smoothing.
Customizable signal smoothing length.
EMA Calculation:
Computes 3 EMA, 9 EMA, 20 EMA, and 50 EMA to track short-term and long-term trends.
MACD Calculation:
Computes MACD using either SMA or EMA based on user selection.
Generates the MACD signal line for comparison.
Crossover Conditions:
Detects MACD and Signal line crossovers above and below the zero line.
Identifies price momentum shifts.
Bar Coloring Logic:
Green: MACD is above 0 and above the signal line.
White: MACD is below the signal line.
Orange: MACD is below 0 but above the signal line.
Fuchsia: Bullish EMA 3/9 cross but price is still below the 20/50 EMA.
Alerts for Key Trading Signals:
MACD crossing above/below the zero line.
Signal line crossing above/below the zero line.
MACD reaching new highs/lows.
Alerts for colored bar conditions.
SatoshiSteps Swing StrategyCore Components:
The indicator combines three popular technical analysis tools:
Ichimoku Cloud: This helps identify the trend, support, and resistance levels.
RSI (Relative Strength Index): This momentum oscillator identifies overbought and oversold conditions.
MACD (Moving Average Convergence Divergence): This trend-following momentum indicator shows the relationship between two moving averages1 of prices.
Logic:
The strategy aims to identify potential swing trading opportunities by combining signals from these three components. It essentially looks for:
Trend Confirmation (Ichimoku):
Price should be above the Ichimoku cloud for buy signals.
Price should be below the Ichimoku cloud for sell signals.
The Tenkan-sen (conversion line) should cross above the Kijun-sen (base line) for buy signals.
The Tenkan-sen should cross below the Kijun-sen for sell signals.
Overbought/Oversold Conditions (RSI):
RSI should be below the overbought level for buy signals (avoiding buying when the market is potentially overextended).
RSI should be above the oversold level for sell signals (avoiding selling when the market is potentially oversold).
Momentum Confirmation (MACD):
The MACD line should be above the signal line for buy signals (indicating upward momentum).
The MACD line should be below the signal line for sell signals (indicating downward momentum).
Buy Signal:
A buy signal is generated when all the following conditions are met:
The Tenkan-sen crosses above the Kijun-sen.
The price is above both the Senkou Span A and Senkou Span B (the cloud).
The RSI is below the overbought level.
The MACD line is above the signal line.
Sell Signal:
A sell signal is generated when all the following conditions are met:
The Tenkan-sen crosses below the Kijun-sen.
The price is below both the Senkou Span A and Senkou Span B (the cloud).
The RSI is above the oversold level.
The MACD line is below the signal line.
Key Considerations:
Time Frame: The indicator has built-in adjustments for 1-hour and 4-hour timeframes, optimizing the parameters for each.
Customization: You can customize the overbought/oversold RSI levels and the styles of the buy/sell signals (triangle, label, arrow, circle) through the indicator's settings.
Accuracy: While the strategy combines multiple indicators to improve accuracy, remember that no trading indicator is perfect. Market conditions can change rapidly, and false signals can occur.
Risk Management: Always use proper risk management techniques, such as stop-loss orders, and never risk more than you can afford to lose.