AIO EMA & RSI by buyukPATRONAIO EMA & RSI by buyukPATRON
Bu Pine Script™, EMA (Exponential Moving Average) ve RSI (Relative Strength Index) göstergelerini birleştirerek güçlü bir teknik analiz aracı sunar. Kod, hem trend takibi hem de momentum analizi için kapsamlı özelleştirme seçenekleri sağlar.
Özellikler:
1. EMA Göstergesi:
Kısa ve Uzun EMA'lar:
Kısa EMA'lar: 8, 13, 21 (Opsiyonel olarak etkinleştirilebilir).
Uzun EMA'lar: 144, 200, 233 (Opsiyonel olarak etkinleştirilebilir).
Kullanıcı Tanımlı EMA'lar:
9 farklı EMA periyodu, renkleri ve çizgi kalınlıkları kullanıcı tarafından özelleştirilebilir.
EMA Kesişim İşaretçileri:
Yukarı Kesişim: EMA1, EMA2'nin üzerine çıktığında yeşil üçgen.
Aşağı Kesişim: EMA1, EMA2'nin altına indiğinde kırmızı üçgen.
Arka Plan Vurgusu:
Fiyat EMA1'in üzerinde olduğunda arka plan vurgulanır.
2. RSI Göstergesi:
Gösterge Ayarları:
RSI periyodu ve veri kaynağı kullanıcı tarafından seçilebilir.
Hareketli Ortalama Seçenekleri:
SMA, EMA, WMA, VWMA, SMMA gibi çeşitli hareketli ortalamalar veya Bollinger Bantları kullanılabilir.
Bantlar ve Görselleştirme:
Aşırı Alım (70) ve Aşırı Satım (30) seviyeleri yatay çizgilerle belirtilir.
Orta bant (50) gösterilir.
RSI için Bollinger Bantları ve renk geçişli görselleştirme eklenmiştir.
Kullanım:
Bu script, fiyat hareketlerinin trend yönünü (EMA'lar aracılığıyla) ve momentumunu (RSI aracılığıyla) analiz etmek isteyen yatırımcılar için uygundur. Özelleştirme seçenekleri, farklı piyasa koşulları ve stratejiler için esneklik sağlar.
Osilatörler
Swing Catcher DayThe "Swing Catcher" indicator identifies swing points on a daily time frame by combining Simple Moving Averages (SMA) for trend direction, Momentum to gauge price strength, and Average True Range (ATR) to confirm volatility. It marks potential swing highs and lows, validates them using trend and momentum alignment, and filters out noise with ATR-based volatility checks. This makes it an effective tool for spotting and trading significant price movements.
3 Different RSIs with Adjustable Timeframesyou can adjust it as per your choice. RSI monthly / Weekly and daily for long term,
and daily/hourly and 15 minutes for swing trading.
SignalSync Multi-Indicator TableThis indicator integrates multiple technical indicators, including EMA crossovers, RSI, MACD, Stochastic RSI, Williams %R, SuperTrend, and KST, all displayed in a dynamic table on your chart. This script provides a comprehensive view of various indicators, their values, conditions, and signals.
Here’s a brief breakdown :
1. Input Parameters: You allow users to set values for various technical indicators (e.g., RSI length, EMA periods, MACD settings, etc.) with adjustable defaults for different trading styles (short, medium, long-term).
2. Indicator Calculations: You calculate the values for indicators like RSI, MACD, Williams %R, Stochastic RSI, SuperTrend, and KST using user-defined settings.
3. EMA Crossover Logic: The script computes the difference between the short-term and long-term EMAs (9-21 and 20-50) and assigns buy/sell signals based on these crossovers.
4. KST Indicator: The script includes the KST (Know Sure Thing) indicator, calculating rate-of-change values and smoothing them with moving averages. It generates buy/sell signals when KST crosses its signal line.
5. VWAP: The script calculates the VWAP (Volume Weighted Average Price) to determine whether the price is above or below the VWAP, indicating bullish or bearish market sentiment.
6. Table Display: The script displays all the calculated values, conditions, signals, and parameters in a table that can be positioned anywhere on the chart.
Tripple RSI3 RSI Divergence & convergence
Stochastic
Level 80 & 20
Over bought at 80
Over Sold at 20
Multi-Indicator Trading System with ConfirmationWe have used the following indicators EMA cross over, RSI , VWAP, bollinger bands,support and resistance levels, that a regular trader uses to get a confirmation to sell or buy, this custom indicator givesa buy or sell signal when atleast 3 of the avove indicators give confirmation.
Market Structure Break with RSIMrBishop specializes in market structure breaks and using RSI oscillator. What is classified as a market structure break is when a candle closes below the most recent swing high's bottom wick or when a candle closes above the most recent swing low's top wick. RSI oscillator is set to 60/40 with length of 10 and a SMA length of 10. I enter a long trade when RSI line is below the 50 mark and there is a market structure break. I enter a short trade when RSI is above the 50 mark and there is a market structure break.
WaveTrend V4The **WaveTrend V4** indicator combines MACD and WaveTrend oscillators to identify trends and potential reversal points. Here's a simplified guide to using it:
---
### **Key Components**
1. **WaveTrend Lines**
- **Green Line (WT1):** Fast-moving oscillator.
- **Red Line (WT2):** Slow-moving signal line.
- **Overbought (-60)/Oversold (60):** Horizontal dashed lines marking extremes.
2. **MACD Lines**
- **Blue Line (MACD):** Standard MACD line.
- **Purple Line (Smoothed MACD):** Smoothed version of the MACD.
- **Orange Line (Signal):** MACD signal line.
3. **Background Colors**
- **Green:** Uptrend (buying pressure).
- **Red:** Downtrend (selling pressure).
- **Yellow:** Indecision/neutral market.
---
### **How to Use It**
1. **Trend Identification**
- **Buy Signal:** Green background + WT1 crosses **above** WT2 (especially if both are below -60).
- **Sell Signal:** Red background + WT1 crosses **below** WT2 (especially if both are above 60).
- **Indecision:** Yellow background – avoid taking positions until trend clarifies.
2. **Overbought/Oversold Zones**
- **Oversold (WT1 < -60):** Potential buying opportunity if WT1 starts rising.
- **Overbought (WT1 > 60):** Potential selling opportunity if WT1 starts falling.
3. **MACD Confirmation**
- Look for alignment between the **smoothed MACD** (purple) crossing the **signal line** (orange) and the WaveTrend trend color.
4. **Divergence**
- **Bullish Divergence:** Price makes lower lows, but WT1 forms higher lows.
- **Bearish Divergence:** Price makes higher highs, but WT1 forms lower highs.
---
### **Pro Tips**
- Combine with price action (support/resistance) for higher accuracy.
- Avoid trading in "yellow" zones (indecision).
- Use stop-losses to manage risk during false signals.
This indicator works best in **trending markets** – be cautious in sideways conditions!
Momentum Divergence TrackerThis Pine Script v6 component is designed to identify momentum divergences across multiple timeframes, allowing traders to spot potential trend reversals.
How it works:
Divergence Detection: The script identifies bullish and bearish divergences between price movements and momentum indicators (Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Stochastic Oscillator). A divergence occurs when the price makes a lower low, but the indicator makes a higher low (Bullish Divergence) or makes a higher high, but the indicator makes a lower high (Bearish Divergence).
Multi-Timeframe Analysis: The script evaluates divergences across user-specified timeframes (e.g., 15m, 1h, 4h). The function uses request.security to access higher timeframes, ensuring alignment with the trader’s analysis preferences.
Volume-Based Filtering: Signals are validated using a high-volume filter, where current volume must exceed a multiplier of the 20-period moving average of volume.
Signal Aggregation: The results from multiple timeframes are combined into a single output - a bullish signal is triggered when any timeframe shows bullish divergence under high volume, and a bearish signal is triggered when any timeframe shows bearish divergence under high volume.
Visualization: Bullish divergences are plotted as green upward triangles below price bars and Bearish divergences are plotted as red downward triangles above price bars.
Inputs:
RSI Settings: RSI Length.
MACD Settings: MACD Fast Length, MACD Slow Length, MACD Signal Length.
Stochastic Settings: Stochastic Length, %K, %D.
Volume Multiplier: A filter that multiplies the average volume threshold.
Timeframes: Comma-separated list of timeframes for analysis (e.g., 15m, 1h, 4h).
Alerts:
Alerts can be triggered when Bullish Divergence or Bearish Divergence is detected.
Use Case:
Identify Reversals: Spot potential trend changes driven by momentum divergence.
Multi-Timeframe Analysis: Analyze divergences across various timeframes in one script.
Volume Confirmation: Ensure signals align with significant volume activity to increase reliability.
To use this component, add it to your TradingView chart. Customize the input parameters to fit your strategy and monitor the visualized divergences for potential trading opportunities.
Volatility Compression OscillatorThis Pine Script v6 component is designed to identify periods of volatility compression, which often precede significant market moves.
Here's how it works:
Bollinger Bands Width (BBW): The script calculates the width of the Bollinger Bands across multiple timeframes (5m, 15m, 1h, daily) to detect periods of tightening.
Average True Range (ATR): The ATR is calculated for the same timeframes to identify declining volatility.
Compression Score: A numerical score is generated by averaging the BBW values and dividing by the sum of ATR values across the timeframes. This score indicates the level of volatility compression.
Alerts: Alerts are triggered when the compression score falls below a specified threshold, indicating a potential breakout or breakdown.
Visualization: The compression score is plotted on the chart, and periods of extreme compression are highlighted with a background color. If enabled, volume data is also plotted to confirm compression phases.
To use this component, add it to your TradingView chart. Adjust the input parameters to suit your analysis needs and monitor the compression score and alerts for potential trading opportunities.
Whale Activity Impact OscillatorThe "Whale Activity Impact Oscillator" is a Pine Script v6 component designed to identify abnormal price movements caused by potential whale activity in the crypto market.
Here's how it works:
Inputs: The script allows users to configure the volume spike multiplier, price spike multiplier, lookback period, minimum volume threshold, and thresholds for strong buy and sell signals.
Data Calculations: It calculates the average volume and average percentage price change over the specified lookback period.
Whale Detection Logic: The script detects a volume spike if the current volume exceeds the average volume by the specified multiplier. It detects a price spike if the percentage price change exceeds the average by the specified multiplier.
Signals: A buy signal is generated when both a volume spike and a price increase are detected. A sell signal is generated when both a volume spike and a price decrease are detected.
Output: The oscillator is displayed as a histogram below the price chart. Green bars indicate buy signals, red bars indicate sell signals, and gray bars indicate normal activity. The height of the bars is proportional to the magnitude of the price change.
Alerts: The script includes alerts for whale buying and selling detected signals.
Edge Cases: The script avoids false signals in low-liquidity environments by setting a minimum volume threshold and filtering out signals during low market activity.
This component can be added to a TradingView chart to help traders identify potential whale activity and make informed trading decisions.
RSI/MACD Momentum ScalperThe RSI/MACD Momentum Scalper is a technical analysis tool designed to identify market momentum and provide actionable buy, sell, and take-profit signals by combining the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators. This script uses a color-coded candle system to visually highlight trend strength and direction, making it particularly useful for scalpers and short-term traders who seek clarity and precision.
How It Works
This indicator operates on two core momentum principles: the RSI and MACD. Here's a breakdown of how it combines these components to deliver unique insights:
Relative Strength Index (RSI):
Measures the strength of price movements on a scale from 0 to 100.
A bullish trend is identified when the RSI is above 50, indicating upward momentum.
A bearish trend is identified when the RSI is below 50, signaling downward momentum.
Moving Average Convergence Divergence (MACD):
Compares two moving averages (Fast and Slow) of the price to measure trend momentum.
Generates a bullish signal when the MACD line is above the Signal line.
Generates a bearish signal when the MACD line is below the Signal line.
The indicator allows the user to select the type of moving average (EMA, DEMA, or HMA) for further customization.
Combined Momentum Analysis:
Green candles (strong bullish signal) : When both the RSI is above 50 and the MACD line is above the Signal line.
Red candles (bearish signal): When both the RSI is below 50 and the MACD line is below the Signal line.
Light grey candles (neutral signal): When only one of the conditions is true, indicating indecisiveness in market momentum.
Buy/Sell Signals:
Buy Signal: Triggered when the conditions for a bullish trend are newly met (both RSI > 50 and MACD > Signal line).
Sell Signal: Triggered when the conditions for a bearish trend are newly met (both RSI < 50 and MACD < Signal line).
Take-Profit Signals (Optional):
Highlights opportunities to exit a trade when a trend reverses:
Take-profit bullish: When a bullish trend ends.
Take-profit bearish: When a bearish trend ends.
How to Use the Indicator
Customization Options:
Trend Timeframe: Set a specific timeframe for trend analysis (e.g., 1h, 4h, 1D).
RSI Settings: Adjust the RSI length to match your trading strategy.
MACD Settings: Customize the Fast, Slow, and Signal lengths to suit market conditions.
Moving Average Type: Choose between EMA, DEMA, or HMA for the MACD calculation.
Colors: Select the colors for bullish, bearish, and neutral candles to match your preferences.
Signals and Visualization:
Enable or disable Buy/Sell Signals and Take-Profit Signals through the settings.
Use the color-coded candles to quickly assess trend direction and momentum strength:
Green: Strong upward momentum.
Red: Strong downward momentum.
Light Grey: Neutral or indecisive market.
The plotted buy (triangle up) and sell (triangle down) signals assist in identifying entry points, while take-profit (square) signals help secure gains during trend reversals.
What Makes It Unique
Integrated Approach: Combines two of the most widely-used momentum indicators (RSI and MACD) into a single tool, offering a clear, cohesive analysis of market trends.
Candle-Based Visualization: Changes the candle colors to reflect momentum, eliminating the need to constantly check separate indicator panels.
Customizability: Provides advanced options such as timeframe selection, MA type, and user-defined settings for RSI and MACD lengths, making it adaptable to different trading strategies.
Signal Precision: Goes beyond traditional RSI and MACD by offering precise buy, sell, and take-profit signals based on combined momentum logic.
Ease of Use: Tailored for both beginner and experienced traders by providing simple visual cues (candle colors and plot shapes) while retaining the depth of advanced settings.
The RSI/MACD Momentum Scalper is particularly beneficial for scalpers and intraday traders looking for a dynamic, easy-to-read tool that minimizes noise while focusing on high-probability trade opportunities.
Zig Zag + RVI / Owl of ProfitZig Zag + Relative Vigor Index (RVI) Strategy
This strategy combines the Zig Zag indicator for identifying trends and the Relative Vigor Index (RVI) for momentum-based entry and exit signals.
Features:
Zig Zag Indicator:
Helps identify major price trends and reversals.
Threshold: 5% (default) to filter out minor price movements.
Dynamically tracks highs and lows to determine the direction of the trend.
Relative Vigor Index (RVI):
Measures market momentum based on closing and opening prices relative to the range.
Length: 14 (default).
Overbought Level: 60 (default).
Oversold Level: 40 (default).
Entry and Exit Logic:
Long Condition:
Zig Zag trend is up.
RVI crosses above the oversold level (40).
Short Condition:
Zig Zag trend is down.
RVI crosses below the overbought level (60).
Exit Long:
Zig Zag trend reverses to down.
OR RVI crosses below the overbought level (60).
Exit Short:
Zig Zag trend reverses to up.
OR RVI crosses above the oversold level (40).
Visualization:
Zig Zag Lines:
Green lines for uptrends and red lines for downtrends plotted on the price chart.
RVI:
Plotted in blue with horizontal overbought (60) and oversold (40) levels for reference.
Customization:
Adjustable Zig Zag percentage threshold for filtering trend reversals.
Configurable RVI levels and length to fit various market conditions.
This strategy is ideal for traders looking to combine trend identification with momentum-based signals for precise entries and exits.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
Triple EMA (TEMA) + Fisher Transform / Owl of ProfitTriple EMA (TEMA) + Fisher Transform Strategy
This strategy combines the Triple Exponential Moving Average (TEMA) and Fisher Transform to identify trend and momentum-based entry and exit signals.
Features:
Triple EMA (TEMA):
A smoothed trend-following indicator designed to reduce lag.
Length: 21 (default).
Helps identify trend direction and crossover signals.
Fisher Transform:
Converts price movements into a Gaussian normal distribution.
Length: 10 (default).
Smoothing: Optional smoothing is applied to reduce noise.
Entry and Exit Logic:
Long Condition:
Price crosses above the TEMA line.
Fisher Transform crosses above 0.
Short Condition:
Price crosses below the TEMA line.
Fisher Transform crosses below 0.
Exit Long:
Price crosses below the TEMA line.
OR Fisher Transform crosses below 0.
Exit Short:
Price crosses above the TEMA line.
OR Fisher Transform crosses above 0.
Visualization:
TEMA:
Plotted in blue on the price chart to show trend direction.
Fisher Transform:
Plotted in red on a separate pane, with a dotted zero line for reference.
Zero Line:
A horizontal line at 0 helps visualize Fisher Transform crossovers.
Customization:
Adjustable TEMA and Fisher Transform lengths to fit different market conditions.
Optional smoothing for Fisher Transform to reduce noise.
This strategy is ideal for traders looking to combine trend-following and momentum-based signals for precise entries and exits.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
SuperTrend + Stochastic Oscillator / Owl of ProfitSuperTrend + Stochastic Oscillator Strategy
This strategy combines SuperTrend and Stochastic Oscillator to identify trend-based entry and exit points with momentum confirmation.
Features:
SuperTrend Indicator:
Uses ATR (Average True Range) to determine trend direction.
ATR Period: 10 (default).
Multiplier: 3.0 (default).
Identifies bullish (green) and bearish (red) trends.
Stochastic Oscillator:
Measures momentum and identifies overbought or oversold conditions.
%K Period: 14 (default).
%D Period: 3 (default).
Smooth %K: 3 (default).
Entry and Exit Logic:
Long Condition:
SuperTrend indicates a bullish trend.
Stochastic %K crosses above %D.
Stochastic %K is below 20 (oversold level).
Short Condition:
SuperTrend indicates a bearish trend.
Stochastic %K crosses below %D.
Stochastic %K is above 80 (overbought level).
Exit Logic:
Exit conditions can be added using stop-loss, take-profit, or custom rules.
Visualization:
SuperTrend:
Plotted directly on the price chart with green and red lines indicating bullish and bearish trends.
Background fill highlights the trend direction.
Stochastic Oscillator:
Plotted on a separate pane with overbought (80) and oversold (20) levels highlighted.
%K is blue, and %D is orange for easy identification.
Buy and Sell Signals:
Clearly marked with "Long" and "Short" labels for easy visualization.
This strategy is ideal for traders looking to combine trend-following and momentum-based indicators for more reliable entry and exit points.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
SuperTrend + Stochastic / Owl of ProfitSuperTrend + Stochastic Strategy
This strategy combines the SuperTrend indicator with the Stochastic Oscillator to identify trend-following entry and exit points with momentum confirmation.
Features:
SuperTrend Indicator:
Uses ATR (Average True Range) to determine trend direction.
Factor: 3.0 (default).
ATR Length: 10 (default).
Indicates bullish (green) and bearish (red) trends.
Stochastic Oscillator:
Helps identify overbought and oversold conditions.
%K Length: 14 (default).
%D Length (Smoothing): 3 (default).
Overbought Level: 80 (default).
Oversold Level: 20 (default).
Entry and Exit Logic:
Long Condition:
SuperTrend indicates a bullish trend.
Stochastic %K crosses above the oversold level (20).
Short Condition:
SuperTrend indicates a bearish trend.
Stochastic %K crosses below the overbought level (80).
Exit Long:
SuperTrend changes to bearish.
OR Stochastic %K crosses below the overbought level (80).
Exit Short:
SuperTrend changes to bullish.
OR Stochastic %K crosses above the oversold level (20).
Visualization:
SuperTrend:
Plotted directly on the price chart with green and red colors indicating bullish and bearish trends.
Background color changes based on the trend direction.
Stochastic Oscillator:
%K and %D lines plotted in a separate pane with overbought (80) and oversold (20) levels highlighted.
%K is blue, and %D is orange for easy identification.
Alerts:
Not included in this script but can be added for buy and sell conditions to ensure no missed opportunities.
This strategy is ideal for traders looking to combine trend direction with momentum oscillators for more precise entries and exits. Use it for backtesting and refining your trading approach.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
RSI / Owl of ProfitRSI Strategy
This strategy uses the Relative Strength Index (RSI) to generate buy and sell signals based on overbought and oversold conditions. It also includes customizable stop-loss and take-profit levels for better risk management.
Features:
RSI Calculation:
Length: 14 periods (default).
Overbought Level: 70 (default).
Oversold Level: 30 (default).
Stop-Loss and Take-Profit:
Stop-loss and take-profit levels are calculated as a percentage of the entry price.
Default values:
Stop-Loss: 2%
Take-Profit: 4%
Entry and Exit Logic:
Long Condition:
Triggered when RSI is below the oversold level (default: 30).
Short Condition:
Triggered when RSI is above the overbought level (default: 70).
Exit Logic:
Long positions are exited when either:
The price reaches the take-profit level.
The price hits the stop-loss level.
Short positions are exited under the same conditions, but reversed for stop-loss and take-profit.
Visualization:
RSI Indicator:
Not plotted on the main chart but is used internally to trigger buy and sell signals.
Signals are automatically executed based on RSI levels, with clear position management via SL and TP.
This strategy is ideal for traders looking for a simple and effective momentum-based system that includes built-in risk management.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
MFI + CVD RSI + MO + ACC/DISTThis is a combination 4 oscillators:
Money flow index (MFI)
Cumulative volume delta relative strength index (CVD RSI)
Momentum (MO)
Accumulation/Distribution (ACC/DIST)
RSI + BB / Owl of ProfitRSI + Bollinger Bands Strategy
This strategy combines the Relative Strength Index (RSI) and Bollinger Bands (BB) to identify overbought and oversold conditions for high-probability trade setups.
Features:
Bollinger Bands (BB):
Basis Line: A 20-period Simple Moving Average (default).
Upper Band: Basis + 2 standard deviations of the closing price.
Lower Band: Basis - 2 standard deviations of the closing price.
RSI (Relative Strength Index):
Length: 14 periods (default).
Overbought Level: 70 (default).
Oversold Level: 30 (default).
Entry and Exit Logic:
Long Condition:
RSI crosses above the oversold level (30).
Price touches or drops below the lower Bollinger Band.
Short Condition:
RSI crosses below the overbought level (70).
Price touches or exceeds the upper Bollinger Band.
Exit Long:
RSI crosses above the overbought level (70).
OR price crosses above the BB Basis line.
Exit Short:
RSI crosses below the oversold level (30).
OR price crosses below the BB Basis line.
Visualization:
Bollinger Bands:
Upper and lower bands are displayed in blue with a shaded fill for easier trend identification.
The basis line is plotted in orange.
RSI:
RSI is displayed on a separate pane with horizontal lines at overbought (70) and oversold (30) levels.
RSI line is plotted in purple for clear visualization.
Alerts:
Not included but can be added for buy and sell conditions to ensure no trade opportunity is missed.
This strategy is designed for traders who want to combine momentum and volatility to identify high-probability reversal zones. Use it for backtesting and fine-tuning to suit your trading preferences.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
TVMC - Composite Indicator with Technical RatingsDescription:
The TVMC (Trend, Volume, Momentum, Composite) indicator is a powerful multi-component tool designed to provide traders with a comprehensive understanding of market conditions. By combining four essential technical analysis components—trend, momentum, volume, and volatility—this indicator offers clear and actionable insights to assist in decision-making.
Key Features:
1. Trend Component (TC):
* Based on MACD (Moving Average Convergence Divergence), this component analyzes the relationship between two exponential moving averages (fast and slow) to determine the prevailing market trend.
* The MACD signal is normalized to a range of -1 to +1 for consistency and clarity.
2. Momentum Component (MC):
* Utilizes RSI (Relative Strength Index) to measure the strength and speed of price movements.
* This component highlights overbought or oversold conditions, which may indicate potential market reversals.
3. Volume Confirmation (VC):
* Compares the current trading volume to its moving average over a specified period.
* High volume relative to the average confirms the validity of the current trend.
4. Volatility Filter (VF):
* Uses ATR (Average True Range) to gauge market volatility.
* Adjusts and smooths signals to reduce noise during periods of high volatility.
5. Technical Ratings Integration:
* Incorporates TradingView’s Technical Ratings, allowing users to validate signals using moving averages, oscillators, or a combination of both.
* Users can choose their preferred source of ratings for enhanced signal confirmation.
How It Works:
The TVMC indicator combines the weighted contributions of the Trend, Momentum, and Volume components, further refined by the Volatility Filter. Each component plays a specific role:
* Trend: Identifies whether the market is bullish, bearish, or neutral.
* Momentum: Highlights the strength of price action.
* Volume: Confirms whether the current price action is supported by sufficient trading activity.
* Volatility: Filters out excessive noise in volatile market conditions, providing a smoother and more reliable output.
Visualization:
1. Bullish Signals:
* The indicator line turns green and remains above the zero line, indicating upward momentum.
2. Bearish Signals:
* The indicator line turns red and falls below the zero line, signaling downward momentum.
3. Neutral Signals:
* The line is orange and stays near zero, indicating a lack of strong trend or momentum.
4. Zones:
* Horizontal lines at +30 and -30 mark strong bullish and bearish zones, respectively.
* A zero line is included for clear separation between bullish and bearish signals.
Recommended Usage:
* Best Timeframes: The indicator is optimized for higher timeframes such as 4-hour (H4) and daily (D1) charts.
* Trading Style: Suitable for swing and positional trading.
* Customization: The indicator allows users to adjust all major parameters (e.g., MACD, RSI, volume, and ATR settings) to fit their trading preferences.
Customization Options:
* Adjustable weights for Trend, Momentum, and Volume components.
* Fully configurable settings for MACD, RSI, Volume SMA, and ATR periods.
* Timeframe selection for multi-timeframe analysis.
Important Notes:
1. Originality: The TVMC indicator combines multiple analysis methods into a unique framework. It does not replicate or minimally modify existing indicators.
2. Transparency: The description is detailed enough for users to understand the methodology without requiring access to the code.
3. Clarity: The indicator is explained in a way that is accessible even to users unfamiliar with complex technical analysis tools.
Compliance with TradingView Rules:
* The indicator is written in Pine Script version 5, adhering to TradingView’s language standards.
* The description is written in English to ensure accessibility to the global community, with a clear explanation of all components and functionality.
* No promotional content, links, or unrelated references are included.
* The chart accompanying the indicator is clean and demonstrates its intended use clearly, with no additional indicators unless explicitly explained.
MACD / Owl of ProfitMACD Strategy
This strategy uses the MACD (Moving Average Convergence Divergence) indicator to identify potential trade opportunities based on bullish and bearish crossovers.
Features:
MACD Components:
MACD Line: The difference between the fast and slow exponential moving averages (default: 12 and 26 periods).
Signal Line: A 9-period EMA of the MACD Line.
Histogram: The difference between the MACD Line and Signal Line, representing momentum strength.
Crossover Logic:
Bullish Crossover: When the MACD Line crosses above the Signal Line, indicating upward momentum.
Bearish Crossover: When the MACD Line crosses below the Signal Line, indicating downward momentum.
Entry and Exit Logic:
Long Condition:
Triggered on a bullish crossover (MACD Line crosses above the Signal Line).
Closes any short position before opening (or adding to) a long position.
Short Condition:
Triggered on a bearish crossover (MACD Line crosses below the Signal Line).
Closes any long position before opening (or adding to) a short position.
Visualization:
MACD Line: Displays momentum trends.
Signal Line: Helps confirm trend reversals.
Histogram: Visualizes the strength and direction of momentum.
This strategy is straightforward and effective for momentum trading, ideal for traders looking to capture trend reversals and ride momentum shifts. Use it for backtesting and adaptation to your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
MACD + Parabolic SAR / Owl of ProfitMACD + Parabolic SAR Strategy
This strategy combines the MACD and Parabolic SAR indicators to identify potential buy and sell signals based on trend direction and momentum.
Features:
MACD (Moving Average Convergence Divergence):
A momentum-based indicator that identifies bullish and bearish trends.
MACD Line: The difference between the fast and slow exponential moving averages.
Signal Line: A 9-period EMA of the MACD Line.
Histogram: Represents the difference between the MACD Line and Signal Line.
Parabolic SAR (Stop and Reverse):
A trend-following indicator used to set trailing stop-loss levels.
Parameters:
Start: 0.02 (default).
Increment: 0.02 (default).
Max: 0.2 (default).
Entry and Exit Logic:
Long Condition:
MACD Line is above the Signal Line (bullish momentum).
Price is above the Parabolic SAR value.
Opens a long position.
Short Condition:
MACD Line is below the Signal Line (bearish momentum).
Price is below the Parabolic SAR value.
Opens a short position.
Exit Logic:
For long positions: Exits when short conditions are met.
For short positions: Exits when long conditions are met.
Visualization:
MACD: Displays MACD Line, Signal Line, and Histogram to analyze momentum shifts.
Parabolic SAR: Plotted as dots above or below the price, indicating trend direction.
This strategy is ideal for traders who prefer a combination of momentum and trend-following techniques for precise entries and exits. Use it for backtesting and fine-tuning to match your trading style.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
