TEWY - Magic Strength Indicator (SI) ScreenerDetail about this indicator
This is screener to identify outperforming Stocks/Ticker based on the indicator "TEWY - Magic Strength Indicator (SI)" I deployed earlier. So please checkout that indicator description to understand more about this screener logic.
Below are the parameters that you may need to use to get outperforming indices/tickers.
1. Screener Set Name :
• Here you can see few of the predefined Index/Ticker sets i created, which you can use to screen Index/Ticker.
• If you select Set for 'Indices' you will get the list of Indices which are out performing NSE:NIFTY. Once you know which index is outperforming, then select the Set for that Index which I already given in the dropdown. That you will get the list of outperforming stock under that index.
• If you want to see all scripts of selected Sector Index that are outperforming NIFTY and may or may not be be outperforming Sector index, then please uncheck the box for "Outperforming Child Index Also". This will get you all the list of Stocks/Tickers which are outperforming Main Index NIFTY.
• If you want to see out-performers for specific period of time then change "How Many Outperforming Candles/Bars" as per your choice
• If you want to see under performers for Short trades then select "Find Short Trades" checkbox
• If you want to see the scripts which are just changed there signal then select "Latest Only" checkbox
Always respect RISKS and follow stop loss. In market stop loss is the only friend of yours.
I have given a sample illustrational image below, which should help you understand this indicator.
Best of luck
Momentum Göstergesi (MOM)
TEWY - Magic Strength Indicator (SI)Detail about this indicator
1. This indicator is used to identify the trend based on the momentum of the counter selected.
2. This indicator is calculated three different metrics for selected script and it's Parent/Main Index as NSE:NIFTY (default) and Sector Index. Keep in mind below point
a) Parent/Main index is set to default NSE:NIFTY, though there is option to provide your own custom parent index e.g. US30, US 100'
B) Sector Index is identified automatically for set to predefined stocks and rest ate set to default NIFTY 500. Again you have option to change it to your preference
3. I have used the rate of change and RSI of it to calculate momentum for script, it's parent index and sector index.
4. I would typically use this indicator to see momentum on the Monthly and Weekly first and daily timeframe to get proper entry.
5. Also please try to stay in the long position only unless you understand the consequences for shorting a stock . why? because the imminent nature of the market is to go upward only.
6. Please try to keep base inputs as defaults, though it allows you to change input parameters
Let's understand this indicator
• On the tor right corner you would see three different numbers. 1st number is SI of the underlying Ticker. 2nd number is SI for the Sector Index and 3rd is for Parent Index SI.
• If selected ticker is outperforming it's parent index the you see one green "▲" and if ticker is also outperforming it's sector index then you would see two green "▲▲". Same on the downside.
• I would only take long position if selected ticker is at least outperforming Parent index, that means at least one green "▲".
• I would take exit from the position if I see no more green "▲".
Always respect RISKS and follow stop loss. In market stop loss is the only friend of yours.
I have given a sample illustrational image below, which should help you understand this indicator.
Best of luck
Relative Momentum Index- Fatih Küst alt 80-20 ayarlanmış momentum
Usage:
Add your favorite oscillator, RSI , Klinger , TSI, CMF , or anything else to a chart.
Click the little ... (More) on the oscillator.
Then add this indicator "Divergence Indicator (any oscillator)" on your oscillator of choice.
Click the settings on this indicator and make sure the source is set to the right plot from your oscillator.
Watch for it to plot divergences...
Add this indicator a second time on the price chart (and select the same oscillator plot), but check the box "plot on price (rather than on indicator)""
See you divergence plotted on price (as well as on the oscillator)
Relative Strength Index Leaderwhat will happen for the RSI if the price will increases or decreases by X percent ? This indicator takes your hands.
For instance:
You set Leader1 = 1 and Leader2 = -1 (by default), So this indicator shows you that if the price will increase 1% (Leader1) or decrease 1% (Leader2) How much the RSI will be?
So you have 3 horns, One of them main RSI that shows the amount of RSI right now, and 2 others show what will happen for RSI if the price increase or decrease by X percent.
if you need to contact me or new suggestions for improving send me an email:
sydalifazel@gmail.com
[MattLet] RSI Andrew CardwellAndrew Cardwell RSI helps to identify the range shift, which states whether the market is in bullish or bearish phase.
When RSI oscillates in the range of 40 to 80 we can said that we are in a uptrend (blue background color on RSI), however when RSI oscillates in the range of 20 to 60 we are in a downtrend (red background color on RSI).
Finally if the RSI oscillates between 40 to 60, it is considerated a sideway phase (gray background color on RSI).
Keep in mind that within an uptrend or downtrend there may be a lateral phases and then continue in the trend (gray boxes on the BTC/USD price xample)
I added bearish and bullish divergences (hidden divergences too) to help users to indentify possible trending endings.
Note: I still working improving how the indicator display the areas, so I will letting you know when I finish that. Anyway, you can use it normally right now.
Good Luck!
Jerry Buy Sell IndicatorThis indicator has unique conditions in the script that create the following:
1. Buy and Sell zones
2. Early Buy, Buy and Sell signals that are determined by conditions including relative position to the zero line.
3. Defines 6 different short term trends
4. Trend Labels to show the current short term trend (located in the lower right corner).
5. Buy, Sell, Buy Zone & Warning Zone Labels
6. 14 user controlled inputs allow the user to customize the settings.
7. Unique functionality that allows you to create trade alerts based on conditions being met with criteria scans built into the indicator.
# 7 is a cool unique feature of our indicator. For example you can easily create a TRADE ALERT for a symbol based on a Buy Signal being met in any time frame. This is possible because we have built into the script the ability to select multiple conditions including BUY ALERT, EARLY BUY ALERT AND SELL ALERT. You can also use the alerts to scan your stocks individually for buy zones and warning zones or for crossing above or below the clouds. TradingView alerts can notify you via pop-up, email, sound notification, email to SMS & sound notifications.
Buy Sell Indicator Features
----- Trends
- Red Dots (Red Cloud) = Warning zone. Generally do not buy or consider selling.
- Dark Red Dots = Warning BUT Improving. Things are getting better.
- Grey Dots = Neutral. No clear short term trend.
- Yellow Dots = Early. Great for high conviction stocks but early for the main buy signal.
- Dark Green Dots = In the buy zone but losing strength.
- Green Dots (Green Cloud) = Trend is bullish & stock is in the buy zone.
- Trend Line = Shows the prevailing direction of price and if the momentum is beamish, bullish or neutral.
----- Buy & Sell Signals
- Early Buy Bubble= The first day the Early Buy signal is triggered. Early Buy Signals occur below the zero line and are higher risk/reward. This is a unique feature of this indicator.
- Buy Bubble = Indicator Buy Signal Triggered. Buy Signals occur above the zero line.
- Sell Bubble = Indicator Sell Signal Triggered.
----- Ways To Use The Indicator
1. Buy/Sell during with the main buy and sell Alerts in the Buy (green shaded) and Warning (red shaded) zones.
2. In The Red You’re Dead. Most buy signals happen outside of the red warning zone. There are exceptions like reversals and momentum squeezes.
3. Buy Sell Indicator can be used by itself or with other indicators (Momentum Dream works well)
4. Use Red and Green Clouds/Shading to assist with position direction. In the buy zone look to go long. In the red zone generally do not add to your position or consider selling.
5. Use Red Clouds to tighten stops or close positions.
6. Customize the indicators to vary the results by selecting Wilders, SMA, EMA, WMA, and HullMA moving averages.
7. The early buy signal/bubble appears on the chart the first day the early buy signal is triggered and can be used for entry into high conviction stocks or if you want to take a higher risk/reward trade.
8. The standard buy signal is shown when conditions have been met to indicate a better buy entry point with less risk.
Disclaimer: The information contained in our scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. We will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Please Use the link below for more information.
NRTH_ Smart SignalsA Custom Unique indicator by NRTH_
Comes included with the Premium Package.
NRTH_ Smart Signals is made up of over 5+ indicators and custom calculation methods. Get access to a full set of trading tools & relevant data all within one indicator to give you the levels of confluence you need.
Smart Signals works in any market & allows users to:
Detect the direction of trends in the price using two different algorithms designed for both trend following and contrarian traders.
Get automatic pivot point levels in real-time.
Filter out noise with the MA Trend Filter
Built-In Alerts
Visual Risk Management
Customizable Entry Rules
2 Calculation Methods
Get Confirmation
Use our MA Trend filter to detect the direction of trends for any asset & on any timeframe allowing traders to increase their confidence in positions and follow trends. The larger the cloud, the larger the trend.
Choose between the two calculation methods:
Leading
More sensitive
Designed to predict moves based on market data
Lagging
Less sensitive
Waits for confirmation signals
Both calculation methods have the possibility to adjust the sensitivity of these signals to market price variations, as well as the option to make them less sensitive to ranging markets so that you can trade only the variations you want.
The algo uses both momentum and trend calculation to find an entry, highly recommended use with the built-in MA Filter for best results.
Trade 24/7 without pressing a button
Smart Signals has integrated alerts which give you the ability to automate your signals with 3rd party applications. Simply adjust the sensitivities for your market and trade on autopilot.
You can also use Heikin Ashi Charts with the algo IF you only place limit orders on the exact price line that the trade outputs to ensure accurate real-time results
(Heikin Ashi trading is NOT recommended for automated trading, manual limit orders must be placed in order to match real-time results with backtested data)
Backtesting Results Info
Period 7/7/2021-15/11/2021
Entry value at $1000 with 10x leverage
Binance standard taker fee rate (0.04%)
ATR Exits : 1:2 RR
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Disclaimer
Copyright NRTH_ Indicators 2021.
NRTH_ and all affiliated parties are not registered as financial advisors. The products & services NRTH_ offers are for educational purposes only and should not be construed as financial advice. You must be aware of the risks and be willing to bear any level of risk to invest in financial markets. Past performance is not necessarily indicative of future results. NRTH_ and all individuals associated assume no responsibility for your trading results or investments.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Jigga - Relative Strength - SectorsHi All !!
I came across relative strength concept from below indicator.
Indicator Name: (Relative-Strength by modhelius)
Note: Sorry !! Could not add indicator url here.
Formula:
RelativeStrength = (sectorValue / sectorValue ) / (indexValue / indexValue ) - 1 * 100
I used same concept and combine all sector's relative strength against Nifty50 index.
How to use:
You can change length based on your convenience and show/hide sectors.
Indicator will show strength line for that sector.
you can use this to identify momentum stocks.
RSI Performance - TradingEDThis case study is based on a previous RSI study, but with three different counts to compare different trends. The use of this indicator is restricted to private use, and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any type of trading operator of any experience level, from beginner to intermediate and advanced .
Key components of the original indicator:
● The Relative Strength Index ( RSI ) is a popular momentum oscillator developed in 1978.
● The RSI provides technical traders signals about bullish and bearish price momentum, and it is often plotted beneath the graph of an asset's price.
● An asset is usually considered overbought when the RSI is above 70% and oversold when it is below 30%.
It is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to assess overbought or oversold conditions in the price of an asset. The RSI is displayed as an oscillator (a line chart moving between two extremes) and can read from 0 to 100. Overbought does not necessarily mean that the price will reverse lower, just as oversold does not mean that the price will reverse higher. Rather, the overbought and oversold conditions simply alert traders that the RSI is near the extremes of its recent readings.
Main functions of this modified indicator:
1) The SOURCE for the counts can be determined by the trader (close, open, etc).
2) You can select the type of MOVING AVERAGE, among many available options ( SMA , EMA , DEMA , HMA , etc.)
3) The MEASURE can be based on a CANDLES count if you are trading OHLC Charts from 1D onwards, or if your trading is intraday, you can also select counts by MINUTES, HOURS or DAYS, depending on your trading style.
4) LENGTH, by default it will be loaded as in the STRATEGY, but considering the previous point, you can modify it according to your convenience.
5) You have the option to hide or show a LABEL at the top of the chart, with respect to the signals: BULLISH green, BEARISH red.
Main performance functions of this modified indicator:
I) In the case of the PERFORMANCE that appears at the right of the chart, you have the option to adjust the WIDTH of each box.
II) The TEXT of the PERFORMANCE is not modifiable, but you can customize the default color. *
III) The BACKGROUND of the PERFORMANCE, you can customize the default color. *
IV) You have the option to hide or show a PERFORMANCE that appears at the right of the chart.
Main functions to customize the style of this indicator:
a) You can select the color for the ADJUSTED LEVEL and for the MOVING AVERAGE, with the colors that best suit you.
b) The CROSSOVER/CROSSUNDER signal between the MOVING AVERAGE and the ADJUSTED LEVEL can also be customized. *
c) For any type of SIGNAL, it is painted as a VERTICAL LINE in the graph, you can change the color that comes by default. *
d) In the case of the LABEL that appear at the top, the text is not modifiable, but you can customize both the type of label and change the default color. *
e) You can select the color for OVERVALUED and for UNDERVALUED levels, with the colors that best suit you.
f) You can select the colors for the BACKGROUND of the indicator according to the trend, whether it is BEARISH or BULLISH, with the colors that best suit you. *
* By default, they are marked as red for downtrends and green for uptrends.
Momentum Oscillator - Column PlotThis script is based on the existing Momentum Indicator which shows whether the underlying percentage change in closing price is positive or negative.
This script however uses columns to plot the change and shows this as green for >0 change, and red for <0.
TRIX RSI - Tripple Exponetial Relative Strength (TRSI) This indicator applies the RSI formula over the TRIX indicator to get the TRIX RSI.
The EMA and the TRIX RSA cross gives you an indication for a trend change
DSI - Dynamic Strength Index The DSI is a volume weighted momentum indicator similar but superior to the traditional RSI.
The DSI algorithm takes values for RSI, MFI, OBV and stochastics, then gives them each a different weighting depending on their historic reliability in different market conditions, and then averages out the values.
This results in a very reliable, noise-free momentum indicator, especially reliable on high timeframes.
Further features include:
Auto Trendlines - Up-downtrend lines to show support, resistance and breakouts
Supertrend- A momentum (ATR based) version of the Supertrend.
Divergences - Bullish and bearish momentum divergences, with confirmation signals.
General Rules:
Bullish above 50
Bearish below 50
Enjoy!
MM
Trend StrengthA NRTH_ Technical Indicator Study
Comes included with the Essentials or Premium Package.
Indicator features
MTF Capability
Custom Candle Colors
Identify Trend Direction and Strength
Usage Tips
Works on all timeframes and markets, recommended use with bar colors on.
Backgrounds = Confirmed Trend
Oscillator Colors;
Bright Green/Red = Strong Trend
Black/White = Weak Trend / Pullback
(NOTE: Using MTF Candles does cause Repainting until higher timeframe candle closes)
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Disclaimer
Copyright NRTH_ Indicators 2021.
NRTH_ and all affiliated parties are not registered as financial advisors. The products & services NRTH_ offers are for educational purposes only and should not be construed as financial advice. You must be aware of the risks and be willing to bear any level of risk to invest in financial markets. Past performance is not necessarily indicative of future results. NRTH_ and all individuals associated assume no responsibility for your trading results or investments.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Smart Entry BETAA Custom Unique indicator by NRTH_
Comes included with the Premium Package.
Indicator features
Built-In Alerts
Visual Risk Management
Customizable Entry Rules
Usage Tips
Smart Entry is currently a BETA algo. we are still in the process of tweaking and programming it only give entry signals when they are confirmed, and work of very strict parameters to allow for trading all the way down to the 5m timeframe. It is currently at a stage where it can produce profitable trades or even just act as a confirmation signal in use with another strategy, but this project will be ongoing until we can obtain high profitability levels on very low timeframes.
The algo uses both momentum and trend calculation to find an entry, highly recommended use with the built-in MA Filter for best results.
Works for all markets with the ability to customize to your liking.
Backtesting Results Info
Period 1/1/2021-1/10/2021
Entry value at $1000 with 10x leverage
Binance standard taker fee rate (0.04%)
ATR Exits : 1:2.9 RR
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Disclaimer
Copyright NRTH_ Indicators 2021.
NRTH_ and all affiliated parties are not registered as financial advisors. The products & services NRTH_ offers are for educational purposes only and should not be construed as financial advice. You must be aware of the risks and be willing to bear any level of risk to invest in financial markets. Past performance is not necessarily indicative of future results. NRTH_ and all individuals associated assume no responsibility for your trading results or investments.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Trend AlgoA NRTH_ Premium Momentum Based Strategy
Comes included with the Premium Package.
Indicator features
Built-In Alerts
Visual Risk Management
Customizable Entry Rules
Usage Tips
This strategy works on timeframes as low as 5m, great for scalping or day trading.
The algo identifies price momentum with strict entry signal settings (can be made more or less sensitive).
Works for all markets with the ability to customize to your liking.
Backtesting Results Info
Period 1/1/2021-1/10/2021
Entry value at $1000 with 10x leverage
Binance standard taker fee rate (0.04%)
ATR Exits : 1:2 RR
-------------------------------------------
Disclaimer
Copyright NRTH_ Indicators 2021.
NRTH_ and all affiliated parties are not registered as financial advisors. The products & services NRTH_ offers are for educational purposes only and should not be construed as financial advice. You must be aware of the risks and be willing to bear any level of risk to invest in financial markets. Past performance is not necessarily indicative of future results. NRTH_ and all individuals associated assume no responsibility for your trading results or investments.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Delayed-VelocityThis indicator shows the delayed velocity and it's moving average (delayed further) of the price pattern
Momentum Long StrategyThis is a momentum indicator strategy that plots 2 lines on the momentum indicator and if both cross above zero a long entry is generated and if both cross below zero a long exit is generated. It also has code to check and make sure the condition is still true when launching the official alert, which helps back testing and live results line up, however be sure to enter commission and slippage into the properties to accurately reflect profits. There's also an optional "percent" option and selecting the MOM1 option in the "MOM Choice" field as it uses a slightly different calculation and may provide better results than the standard momentum calculation. The zero line plotted on the indicator so you can clearly see when lines are crossing above or below zero. Also I'd like to thank @felipecms14 for his open source momentum code. I added back testing date ranges to this so you can easily pull up and see back tested results for a certain date range. I also added a buy and sell message field in the properties so you can launch alerts that will work with automated trading services. Simply enter your buy message and sell message into those fields in the properties and then when you create an alert enter {{strategy.order.alert_message}} into the alert body and it will dynamically pull in your buy and sell messages when it fires alerts.
Momentum StrategyThis is a momentum indicator strategy that plots 2 lines on the momentum indicator and if both cross above zero a long entry is generated and if both cross below zero a short entry is generated. It also has code to check and make sure the condition is still true when launching the official alert, which helps back testing and live results line up, however be sure to enter commission and slippage into the properties to accurately reflect profits. There's also an optional "percent" option and selecting the MOM1 option in the "MOM Choice" field as it uses a slightly different calculation and may provide better results than the standard momentum calculation. Also I'd like to thank @felipecms14 for his open source momentum code. I added back testing date ranges to this so you can easily pull up and see back tested results for a certain date range.
Jerry Romine Momentum Dream With Risk ManagementThe Momentum Dream Indicator with Risk Management is really two powerful indicators combined in one.
The Momentum Dream Indicator is a volatility and momentum indicator that measures the relationship between the Bollinger Bands and Keltner Channels to help identify consolidations and signal potential breakouts.
MOMENTUM DREAM INDICATOR:
SIGNALS AND ZONES:
Green Arrow = Post Squeeze Buy Triggered = GREEN ⇧ shows squeeze out on upward momentum (often a good time to buy)
Orange Arrow = Post Squeeze Sell Alert = ORANGE ⇩ shows squeeze out on downward momentum (often a good time to sell or NOT buy)
Green Dot on Chart - Day one of the buy zone
Green Shading - Buy Zone
Pink Dot on Chart - Day one of warning zone
Red Shading - Warning zone. Often a good time not to buy or to consider selling.
LABELS (Color Indicates Direction):
Momo Up / Down = Current momentum direction.
Squeeze = Squeeze is on and squeeze line dots are red.
Dots = number of day or bars the squeeze has been in red(on)
Squeeze Fired = Green or Orange arrow shows squeeze fired direction.
Stacked = Fibonacci 8, 21, 34, 55, 89 EMA are stacked up or down
SQUEEZE LINE COLOR DEFINITIONS:
Dark Red = Extra Squeeze (In & Out)
Red = Original Squeeze (In & Out)
Pink = Pre-Squeeze (In)
Yellow = Pre-Squeeze (Out)
Green = Bollinger Bands are officially outside of Keltner Channels
STRATEGY
There are multiple ways the Momentum Dream Indicator can be used.
1. Buy/Sell during the squeeze (generally lower volatility and lower option premiums)
2. Buy/Sell when the squeeze fires to catch the breakout (volume/volatility often increase)
3. Use Buy/Sell Zones with other signals for entering positions
4. Use Momentum to assist with position direction
5. Use fading momentum to tighten stops or close positions.
* The labels only show when certain criteria are met. For example if a squeeze fired the label only shows on that day but the indicator arrow will always show. For this reason the labels on the chart above will vary from day to day and only alert you when needed. :)
RISK MANAGEMENT INDICATOR
Risk management is a vital part of investing and this indicator provides 2 recommended positions sizes. One based on the classic 1-2% risk rule where you never risk more than X% of your account. A second based on position size not exceeding X% of your account.
The Risk Management Indicator does all of the hard math and provides you with a realistic trading plan, position size, and trail stop based on your customizable criteria. If you’ve ever wondered how much of a stock to buy, when to sell and when to take profits this indicator is for you!
Please Use the link below for more information or to purchase.
Super D2Momentum Indicator based on previous candle structure over past 40 periods
- Blue is momentum score
- Green = 15 ema
- Red = 50 sma
- orange = 100 sma
The indicator looks at the previous candles differences between open, close, high, and low to determine momentum. A high close relative to open or low indicates very strong momentum for example.
Trend Strength Directional IndicatorThis study was inspired by two famous Trading View contributors. Shout out to Lazy Bear and Crypto Face!
In this study you have a live view of the strength of direction the market is heading. The indicator that looks like a black wave is showing us the momentum of price action. When a green dot appears under the lower level it is a indication that we should consider buying, and if the red dot appears over the upper level we should sell. The custom MFI indicator determines how much money is flowing into the market. If it is green that means money is flowing into the market and if it shows red it means that money is flowing out of the market.
Crypto Squeeze StrategyThis strategy was inspired by two famous Trading View contributors. Shout out to Lazy Bear and Crypto Face!
The strategy includes a similar replication of the blue wave, and MFI indicator. The point of the strategy is to buy when the blue wave crosses up the zero value, and the MFI is greater than zero value. This indicates that there is strong bullish momentum and money flowing into the market.