Bitfinex dominion V2With this indicator you can check the current tendency of a crypto pair from Bitfinex.
It will tell if the market is in bullish or bearish mode.
That can be an extra layer of analysis to make your decision.
You will see it will swap from red, dark red to green or dark green. The more bright the color is, the more you will see the tendency is strong.
PS: Take in consideration this indicator doesn't follow the price shown by tradingview. So it's not useful at all to decide to go LONG or SHORT based on what this indicator shows and what tradingview price ( candlestick ) shows. It's more a market direction indicator...
Market
Bitfinex BTC longs/total ratioRatio of bitfinex longs versus the total btc in positions. Maybe a good indicator of market sentiment. It allows you to see too where were people taking profit or closing positions. Remember that ratio going up doesn't necesarily mean more longs positions are being added. It could mean shorts are closing position massively. The conversely is also true.
The rate above 0.5 doesn't necesarily bullish, though, and the indicator is "timeframe" agnostic. So take into account that there could be tons of longs positions that were opened since back before summer 2017, It seems to be too of positions opened at prices below 4.000$. That's why the average seems to be around 0.6.
The blue lines indicates current ratio (or on close for past bars). The red line is the max ratio (higher shorts versus lowest longs).
40 DOMINANT ALTCOINS BINANCEThis indicator is a combination of 40 different altcoins which are found on Binance exchange.
I have listed all Binance altcoins in the order of the oldest listed and the newest.
Due to limitations on TV for calling only 40 securities at the same time, I have limited myself with adding only the oldest ones (9+ months) and some 8+ to make up at least 40 for more data.
I have excluded BTC, BCC, ETH, USDT, BNB from list as these are the trading pairs.
I have some updates in mind and will try to add more options in coming months
Regularly updating 40 altcoins list by sorting them by market cap and available historical data from Binance
Adding Bitfinex, Bittrex and other exchanges separetly, as there is only 40 security call limit
Adding ETH; USDT pairs for all above exchanges.
You can add any indicator to this indicator - such as MACD, RSI, EMA and so on to help you analyse it more deeper
When you load this indicator, it takes about 1 min wait as it takes and calculates a lot of data. After it is loaded, it works perfectly.
Currently there is only 40 oldest altcoins to gather enough data, but as time passes, I will change some of them to create better picture of alt coins.
Please report any problems and give feedback.
Any idea of improvement is welcome and I will try my best.
Please support me an consider to give a small tip to addresses bellow. It would greatly help me to free more time for improvements as I am working to support family and my time is limited for markets.
ETH: 0xac290B4A721f5ef75b0971F1102e01E1942A4578
BTC: 39p3rKuJYKGqph1Qs35yEfNWoPvpUJBBcy
This will greatly help me to keep update this indicator and give me more time to analyse and sort out all altcoins my their market cap, volume and influence.
Bitfinex dominionThis indicator will show you which gang is dominating the market : the bearish gang (short masters),
or the bullish gang (long masters).
The bearish gang is drawn in red and the Bullish one is in green color.
If red is above green, that means we have a bearish tendency on the market.
if green goes above red, that means the market is going the bullish way.
It's nice to use it on 1H or 30 minutes intervals.
Here's what I do : When the dominion is changing hands (=a shift in color), then that mean the market
is moving in another direction. I then use my other indicators to make a decision so to create a trade
at the very moment of the dominance change or not...
NB1: make sure you know what you do before using this "what I do" strategy. It can be not suited to
everyone. Trading is a risky business. So don't take words as granted from people like me or others.
The best thing to do is : testing,testing then re-testing while having a good money management.
I've burnt myself many times before.
NB2: Margin trading can be really risky if you use this "what I do" strategy. Because price can go far in
counter direction before getting back to our target price. So you can risk a margin call. So it's better
using this "what I do" strategy on market trading only.
BTC-USD Commitment of Traders Bitsense v1.0INDICATOR EXPLANATION
The main data from the COT report is plotted using 4 lines. These are
The solid red line shows the commercial short (hedge) positions
The solid green line shows the commercial long positions
The dotted red line shows the non commercial short (not hedging) positions
The dotted green line shows the non commercial long positions
The shaded areas show the long and short situation in the bitcoin market as weak and strong
The lighter the color, the weaker the market is. So for example for Jan 2018 the first full month with the new futures we see a light red color between the commercial (solid green) and the noncommercial (dotted green) positioning line. This means that the market is weakening but on a longer timeframe still on an upward move. So this is a possible launchzone for any short trade but it is weak
The darker the color, the stronger the market. So for example in the middle of Feb 2018 we see a bigger area with different shades of green. There is a light green color shown between the commercial long (solid green) and the non commercial long (dotted green) line and a darker green color between the commercial long (solid green) and the commercial short (solid red) line. So this is a possible and strong launchzone for a long trade in bitcoin
HOW TO USE
Whenever Bitsense shows a light shaded colored area, that area then can be used as a launchzone for trades in the direction of the market but one needs to know that the light colors represent weak market conditions. So a light shaded red area represents a possible launchzone for a short trade but it is a very weak short market (no matter how many points the market moves in that direction it is still a weak condition)
Whenever Bitsense shows a darker shaded colored area, that area then can be used as a launchzone for trades in the direction of the market. The same goes for areas where light and darker shaded areas are together. These represent strong market conditions
As can be seen (mid feb 2018), even though the commercial shorts stay on top, Bitsense shows a strong long situation and the market starts rising. The COT report is different from traditional indicators and Bitsense shows this clearly. To explain, both of the dotted lines show the non commercial positions either long or short. These positions are traded in the direction of their color, so if the non commercial dotted green line stays on top of the non commercial red dotted line there are more long positions on bitcoin futures out there than there are short positions. But this is not that easy with the commercial positions. These are usually hedging positions which means a high commercial solid red line represents the commercial traders hedging a market that they think i a) high and b) can rise more, so they sell short positions to lock in gains from the market position, whereas solid green line commercial positions start rising only when markets are low because these traders usually lock in cheap market prices with buying long positions
Since there is just a very short accumulation of data since the inception of both bitcoin futures the indicator still might not work correctly and you have to be very careful in using it. It is published here as an information tool only and should not be used for any real trading without other means of information about the market
By using this indicator you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this indicator. All trading involves high risk and past performance is not necessarily an indication of future results
Market Hours PSTI modified following script for PST time users.
And also, it has only major 4 time zones (London/NewYork/Sydney/Tokyo), and supports 4H/1H/30M/15M/5M scales.
Gazzaahh~ TechFXC :-b
RSI CleverRSI Clever let's you trade in the direction of the market
You can add it to your entry rules as comfirmation of market direction
Green= long
Red= short
Orange= position shifting
Beta coefficientClassic Beta coefficient by the method of Yahoo. Use only on monthly TF with Beta window = 36
You can use any benchmark, for example DIA / SPY / QQQ / DAX / BTCUSD / GC1! / etc
Volume Weighted Market Mean 3.0 [Dia]150924 - v3.0
This script is a complete rewrite of the previous version here .
It gathers market data from up to 8 different Bitcoin exchange pairs (8 is maximum due to script limitations).The influence of each single exchange can be customized individually, default is 50% for 0-fee exchanges, 10% for futures and 100% for all others. For each single exchange a standard deviation from the composite mean price and a average price range are determined. To make data from exchanges with different liquidity comparable, all single exchange price ranges are normalized to the range of the composite mean price. To make data from exchanges with different fee structure (= exchanges that constantly trade at a premium / discount) comparable, all single exchange prices are corrected by their respective standard deviations. To account for trade volume, all price data is weighted by the current candles volume.
- optional Heikin Ashi candle display
- optional EMAs
- lots of switches to play around with ;-)
DecisionPoint Volume Swenlin Trading Oscillator [LazyBear]This is the volume version of "DecisionPoint Breadth Swenlin Trading Oscillator"
DecisionPoint Swenlin Trading Oscillator can be used to identify short-term tops and bottoms. You can read about the interpretation of the signals (& gotchas) in the link below.
I have added support for NYSE / NASD / AMEX and also a combined mode. You can specify custom advancing/declining volume symbols too.
More Info:
DBSTO:
Article: stockcharts.com
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
Having both Swenlin Breadth and Volume oscillators help spot the divergences quickly:
DecisionPoint Breadth Swenlin Trading Oscillator [LazyBear]DecisionPoint Swenlin Trading Oscillator can be used to identify short-term tops and bottoms. This is a breadth indicator. STO is designed to be calculated using either issues or volume, I will post a follow up indicator that makes use of volume.
You can read about the interpretation of the signals (& gotchas) in the link below.
I have added support for NYSE / NASD / AMEX and also a combined mode. You can specify custom advancing/declining mkt symbols too.
More Info:
stockcharts.com
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
High-Low Index [LazyBear]-- Fixed ---
Source: pastebin.com
Fixes an issue with "Combined" mode, using wrong symbols.
--- Original ---
The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows.
Readings below 50 indicate that there were more new lows than new highs. Readings above 50 indicate that there were more new highs than new lows. 0 indicates there were zero new highs (0% new highs). 100 indicates there was at least 1 new high and no new lows (100% new highs). 50 indicates that new highs and new lows were equal (50% new highs).
Readings consistently above 70 usually coincide with a strong uptrend. Readings consistently below 30 usually coincide with a strong downtrend.
More info:
stockcharts.com
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
Just noticed @Greeny has already published this -> Linking it here.
Zweig Market Breadth Thrust Indicator [LazyBear]The Breadth Thrust (BT) indicator is a market momentum indicator developed by Dr. Martin Zweig. According to Dr. Zweig a Breadth Thrust occurs when, during a 10-day period, the Breadth Thrust indicator rises from below 40 percent to above 61.5 percent.
A "Thrust" indicates that the stock market has rapidly changed from an oversold condition to one of strength, but has not yet become overbought. This is very rare and has happened only a few times. Dr. Zweig also points out that most bull markets begin with a Breadth Thrust.
All parameters are configurable. You can draw BT for NYSE, NASDAQ, AMEX or based on combined data (i.e., AMEX+NYSE+NASD). There is also a "CUSTOM" mode supported, so you can enter your own ADV/DEC symbols.
More info:
Definition: www.investopedia.com
A Breadth Thrust Signal: www.mcoscillator.com
A Rare "Zweig" Buy Signal: www.moneyshow.com
Zweig Breadth Thrust: recessionalert.com
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
UCS_TTM - Reversion BandsOk, Here we go - Version 1 of TTM Reversion Band goes live.
Link to TTM Reversion Band - www.tradethemarkets.com
Link to TTM Reversion Band Guide - kb.simplertrading.com
John Carters Mastering the trade - www.amazon.com
For the amount of information this has, the price tag is not hefty.
John's RTM Chapter Synopsis - www.tradethemarkets.com
What did I modify?
1. Automated the Daily + and Intraday settings. So Switching to intraday will change the setting automatically.
2. Added text callouts for RTM condition
a. John Carter's Indicator
b. Slope Based (my addition).
Future Improvement Planned.
1. Will Convert this into a system based on John's Indicator from TS.
2. Custom Options for Slope and MA setting for Trade filter.
Market Facilitation Index (MFI) The Market Facilitation Index is an indicator that relates price range to
volume and measures the efficency of price movement. Use the indicator to
determine if the market is trending. If the Market Facilitation Index increased,
then the market is facilitating trade and is more efficient, implying that the
market is trending. If the Market Facilitation Index decreased, then the market
is becoming less efficient, which may indicate a trading range is developing that
may be a trend reversal.
