ALFX - CEI SniperHello everyone!
This is a reasonably comprehensive indicator for taking entries on the lower timeframe based on my personal experiences.
This indicator uses three key elements to provide entries that occur only a handful of times throughout the month on lower timeframes. The first element incorporated is used in naked trading strategies, which involve using specific conditions for the candle profile to determine short-term directional bias; for example, the candle must be an engulfing candle to be considered a valid entry. The second element is the use of EMAs to identify crossovers, usually called 'Slingshot' candles, which push price in the pro-trend direction after a short-term pullback. The last element is MACD pro-trend crossovers, which can indicate a future reversal or a continuation of the trend direction with a good level of consistency.
How to Use
The most important element of this indicator is the standard buy and sell signal candles. You will find that they do not appear often and are displayed on the chart as either Green or Red Candles with Diamonds above (sell) or below (buy) them; if you receive an alert and see one of these candles form you can consider the entry in the proposed direction. All other elements are designed to support the entry and confirm that the entry is indeed 'high-probability.' In terms of elements, these are just some of the questions I ask myself before taking the trade.
1) Does this entry candle make sense?
2) Has price tested an area of significance and rejected it? If so, how many times did it test?
3) Am I trading with the trend?
4) Was there a market structure break?
5) Is the EMA the same colour as the entry candle?
6) Has there been a recent MACD pro-trend crossover?
Every person is different, and so you must create your own confirmations to support your trading style.
Settings description
NOTE: The default value for each setting are my settings; it is advisable to backtest this to see if in the current market condition the indicator works satisfactorily; my personal study makes me feel that this indicator performs well anywhere between 1-10m timeframe
Entry Type
Enable Long: Enable this if you want to see all long related data (TRUE)
Enable Short: Enable this if you want to see validation for short related data (TRUE)
Trading Session Times
Use Session Filter: Use this if you only want signals during New York and London Trading Sessions (TRUE)
London Start Time: The start time of the London session (03)(15)
London End Time: The end time of the London Session (07)(00)
New York Start Time: The start time of the New York Session (08)(00)
New York End Time: The end time of the New York Session (12)(00)
Standard Candle
Room To Left Interval Check: Price action Technique which involves checking the X number of previous candles to see if the price has space to move in the intended signal direction (2)
Largest of Last X Candles: Price Action Technique which involves checking X number of previous candles to see if volume has entered the market in the form of a larger candle body (7)
Slingshot Candle
Aggressive Slingshot Candles: High-Risk Slingshot Candles where there is not as much confirmation of predicted price movement (False)
Conservative Slingshot Candles: Medium Risk Slingshot Candles where predicted price movement has more confirmations (False)
Conservative Entry Arrows: Safer entry candles where bias has been confirmed (False)
Trend Arrows: If you prefer directional arrows for your slingshot candles, use this (False)
Show Buy & Sell Letters: If you prefer Buy and Sell headers for slingshot candles, use this (False)
EMA Settings
SlingShot EMA Long: Slow EMA used for Slingshot candles (62)
SlingShot EMA Short: Fast EMA used for Slingshot candles (38)
EMA Timeframe: General EMA used in some of the logic (can be left as "Same as Chart" setting) (Same as Chart)
EMA 1 Length: High Timeframe EMA used to determine trend direction and filter MACD Signals (100)
Pullback
Percentage Values SpaceManBTCPercentage Values SpaceManBTC
This is a free release indicator, it makes use of tradingviews new update to pinescript.
The goal of this script is to allow the user to choose a point in time on the chart and price.
In doing so it will generate automatically the percentage deviations specified by the user in the settings.
The code is quite simple, specify a point in origin, and apply percentage deviations on price from that point,
For usecase I find it can be quite useful for round numbers personally which is why ive set the default to be: 5,10,15,20.
Similar to playing round values that may provide some psychological reason for resistance/support I beleive the same can be done with % from important swing highs and lows in the correct trading environments.
Users can:
-Show Origin
-Choose distance from origin
-Toggle Labels altogether
-Choose color of lines
-Decide to show above, below, or both. For retracements and extensions.
-Customize the % Amount
To Do
-Customize line styles
-Customize line size
-Customize Font size
-Add more options for number of percentages
EMA deviation & Range with barcolor changeThis indicator includes an EMA, a range and outer lines similar to the Bollinger Bands, but with a different calculation (which also becomes apparent once you compare the two). This indicator fits very well with the EMA pullback strategy.
The color of the candles changes depending on where it is located.
Above the EMA - green
Below it - red
Inside the range - black
All colors as well as lines are customizable under the Style tab.
The "Deviation" can be set to 0, here there are only slight deviations.
The EMA range can be adjusted in 0.1 steps to achieve the highest possible accuracy of the pullbacks.
If you have any questions, please don't hesitate to contact me.
Retracer Barcolor With LuckyNickVaFibonacci Input Preset Retracer. This for highlighting your favorite Fibonacci retracement levels. Before using this indicator you should already have knowledge of what Fibonacci is & how to use it. These are levels where it said to be that the market may or may not reverse at. This is more used for anticipation, confluence & should be used in combination with other tools to confirm price action & your own analysis of your expectations. But quickly explained Fibonacci levels are Price Reversal levels that are self fulfilled due to mass trading at these price reversal levels. So the correct way to find opportunity with this script is to use these levels to analyze price action for Pullbacks in the market.
Stochastic & RSIThis script is a simple extension of the Built-In Stochastic RSI that also plots the RSI and prints the values of ATR and ADX of the last bar of the current timeframe to a small table in the corner.
The script can be used to define the entry for a trade when the stochastics crossed and RSI is below or above 0.50 (for going long or short).
OANDA:BTCUSD
I like to use the Stochastics and RSI indicators for pullback strategies, and with this inidcator you dont have to add both indicators to your setup. The ATR can be used to define the value of your stop-loss and the ADX (e.g. > 25) give you a hint for the strength of the current trend.
Fibonacci and Ema Trend + Pullback alerts This indicator tells you what to do with supports and resistances based on fibonacci with signs and alarms
and Ema 200 with buy or sell fast pullback alarms
When 0.5 is bear the price will seek to break the lower supports
sell from 0.5 to bear zone and obtain profits below the supports
stop loss above resistence
When 0.5 is bull the price will seek to break the highest resistances
buy from 0.5 to bull zone and profit above the resistances
stop loss below support
you can edit the indicator to have slower or faster levels if you want
The alarms that the indicator has :
Resistence down
Resistence up
Bull zone UP
Buy 0.5 Bull
Sell 0.5 Bear
Bear zone DOWN
Bear zone UP sell to 5.0 bear
Bull zone DOWN Buy to 0.5 bull
Support zone DOWN
Support zone UP
ema 200 pullback alerts
when price is going up active the buy fast pullback alarm
stop loss below ema 200 or support
when price is going Down active the sell fast pullback alarm
stop loss above ema 200 or resistence
LSMA CrossoverThis is a simple script designed to help filter out bad trades. LSMA is a trend king and by using the 21,200 and 1000 length lines traders can get a clear view of where price action is travelling. This indicator is the perfect companion to the LSMA Wave Rider indicator. Once a pullback is discovered (price action crosses under blue or white line) Traders can use LSMA Wave Rider to locate perfect entry point.
Least Squares Moving Average follows these rules:
When price crosses over it signals a bull trend.
When price crosses under it signals bear trend.
When price stays close or on the line sideways action is to be expected.
The direction of the line shows the direction of the trend.
Here is an example of finding good trades. Price action pulls below white or blue line.
Another example of what a pullback looks like.
This example shows how to find trend using crossovers.
Another example how trend can be found but by using line direction.
LSMA Wave Rider can be found here:
MM PullbackThis Strategy Indicator that detects price reaction zones and give out high probability trades when price pulls back from the zone
with two built in Oscillators the Momentum Oscillator and StochRsi
Art x1.5 SL and Two Tp Levels and Sl alarm to help backtesting
also Built in Channel indicators to help filter trades
Also alerts for all the signals
How to Use
Best time to buy is when you see the Buy badge at the bounce off the Green MA
vis Versa for Sells
for signals that are away from the MA that acts like your major level of S&R
you can use the Bands to help catch the current trend
This is an advanced Market Structure Algo First be able to identify market trend and structure before using this algo
For access please PM
Happy trading
Pull Back Strategy SignalPull back strategy based on moving averages. The scripts will show buy or sell signal based on moving averages - exponential.
OGT Bollinger Bands Trend IndicatorWhat Is The OGT Bollinger Bands Trend Indicator?
This indicator is a pullback trend trading indicator which uses the following indicators:
- 200 EMA - Long Term Trend Direction
- 30, 35, 40, 45, 50, 60 EMAs - Shorter Term Trend Direction
- Bollinger Bands - Pullback / Entry Signal
How Are Signals Generated?
Buy
- Price above the 200 EMA
- Price touches lower BB with shorter term EMAs all aligned (not crossed)
- Indicator waits for price to close above midpoint BB with shorter term EMAs all still aligned (not crossed)
Sell
- Price below the 200 EMA
- Price touches upper BB with shorter term EMAs all aligned (not crossed)
- Indicator waits for price to close above midpoint BB with shorter term EMAs all still aligned (not crossed)
Alerts function built in, input settings customisable to show/not show indicators and change colours.
Trend ResumptionWe again keep it really simple.
This indicator just plots the combination of RGRR and GRGG candlesticks. (R = Red / Bearish, G = Green / Bullish)
When either pattern occurs, trade the combined high and combined low of recent 2 RR or recent 2 GG candles. I.e.,
Buy above GG's high with SL at GG's low.
Sell below RR's low with SL at RR's high.
Refer the shared chart for example. The signals were plotted on both the sides, and wherever triggered - gave rewards.
Only 1 at 05-Apr, 10:50 a.m. did not trigger, but that must then be ignored. Do not hurry to enter the trade, wait for breakout / breakdown above combined high / low.
Entry master RSI pullbackSimply using a single RSI and placing a signal after it crosses the 50 level after being overbought or oversold in the same direction.
Buy The Retrace studyA trend-following strategy entering pullbacks
Simple but efficient
The components of the script:
-MTF ATR based Trend
-Fib based cloud to help determine the trend
-Oscillator which is based on the current close relative to the close-only high-low range over a given period of time
The signal frequency can be changed on:
- Period - Length of the period to look for - i.e 25 means, the last 25 candles
- Bullline - signals created if oscillator above this level
- Bearline - signals created if oscillator below this level
I'd recommend taking the first few signals once the trend has changed.
Alerts are available as:
- First long / short signal
- Long / short signal
- Take profit long / short signal
- HTF trend change any direction
- HTF trend change up / down
Does not repaint - however, wait for a candle to close before entering a signal.
Excellent ADXThe Average Directional movement indeX (ADX) is an indicator that helps you determine the trend direction, pivot points, and much more else! But it looks not so easy as other famous indicators. It seems strange or even terrible, but don't be afraid. Let's understand how it works and get its power into your analysis tactics.
In the beginning, imagine a drunk man goes through a ladder: step by step. Up, up, down, up, down, down, up...
How can we understand which direction he goes? Exactly! We can count the number of steps in each direction. In the above example, in the upward – 4, in the downward – 3. So, it looks like he goes in an upward direction.
The ADX indicator counts the same steps, but for price. The size of each step equals 1 ATR for "DI Length" candles. On the indicator chart, we have the green and red lines. The green line represents a number of steps upward. The red line shows one downward. When the red line upper green, then the price goes below, then the trend is directed down. Later the green line comes above the red one, and then the trend changes the direction to upward. Wow? After that, you can easy detect the trend direction on the market!
But it is still not the end. On the chart, we also have the fat blue line. This is the ADX line, and it represents the power of the trend. It is calculated from a distance between the green and red curves. The ADX line value grows if the distance is increased. If the movement is really powerful, then a number of steps into a direction much more prominent than one in an opposed direction. Then the blue line grows faster. But if the growth has stopped and the blue line turns back or already had changed self-direction, then it is a signal that the trend has ended too. It's an excellent sign to close the position (but not always). Easy? Not quite. Thresholds help you there. The indicator has two additional parameters: upper and lower thresholds to evaluate the trend-over signal strength. An u-turn of the ADX line above the upper threshold sends a strong signal. If one occurs between both thresholds, it is a bit weak signal. But if the blue line goes below the lower threshold, it looks like there is no trend, and the price goes side. We can also say that the price goes side when the ADX value gradually falls down.
The Excellent ADX indicator helps you catch pivot/pullback signals based on green, red, and blue lines. Each such signal is highlighted as a green (buy) or red (sell) dot on the plot. The size of the dot represents the strength of the signal. You can also check the position of green and red lines from each other to determine the trend direction and the place where it has been changed. The Excellent ADX indicator helps you there too. It highlights the trend direction by the background-color, so you'll never miss it! The Excellent ADX good compliance with the Price Channel indicator built for the same length. You can use them together to be on a trend wave always!
ATR Trend & ATR Top/Bottom (Expo)
ATR Trend & ATR Top/Bottom (Expo) is an advanced and multifunctional trading tool that gives insight into Trends, Pullbacks, and where Top/Bottom pattern can occur. The indicator is simple to use and understand therefore valuable to all trading styles.
One key feature is the ability to adjust settings according to the type of Trader you are. Trend Followers can easily enable Trend and Pullback settings and Scalpers can enable the Top/Bottom feature. The Trend, Pullback, and Top/Bottom setting can be displayed simultaneously for those that want to maximize their trading results!
Insights and Value the indicator brings:
✔ Clear perspective identifying short-term and long-term Trends
✔ A simple and convenient way to recognize Pullbacks and market impulses.
HOW TO USE
Identify the short-term and long-term Trend
Identify Pullbacks
Identify market impulses
Identify potential Tops/Bottoms
INDICATOR IN ACTION
1-hour chart (Trend-Setting used)
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I 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.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
EMA Pullback StudyA colored EMA (period can be chosen via inputs).
A signal is generated on the first price touch of the EMA following the price floating above or below it for several bars.
- If EMA is green and a green up arrow appears (price touch), look for buys.
- If EMA is red and a red down arrow appears look for sells.
Can be used with a longer period MA to confirm overall direction, MTF, chop zone, etc.
May wish to enter on the signal, or wait for price to turn back in direction of the trend.
Still in development!
Bollinger Band+ Multi EMA, SMAHello Everyone.
I make Bollinger band , 3 ema and 3 sma combined.
I think this indicator can use all timeframe.
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Indicator will show you
1. Trend follow
2. Pullback catch
2. Market bounce.
1. Trend Follow
- Trend Follow for I used 3 terms. They are short, Mid and Long Trend.
2. Pullback Catch
- EMA for Save, take care, alert Zones.
- Mid Term Trend can be catch also.
3. Market Bounce
- Bollinger Band will show you market re-bounce point.
Final Notes
Indicator will show Trend, Pullback, Market bounce and some support and resistant level.
TrendBand CycleSimple breakout signal with POTENTIAL target price and stop loss / trailing stop.
Cycle begin with green bar signal and will end if price break above target or break below stop loss.
Volume test and pullback signal only appear within cycle period.
Few example :
Scalper [SystemAlpha]This is a scalping tool designed for a two pane chart layout.
Includes:
- EMAs
- Price Action Channel
- Bar Color based on PAC, Impulse and TTM
- Pivot HL - Price, Shape, Text
- Pivot Extensions
- Dynamic Support Resistance
Reference:
- Scalping Swing Trading Tool R1-4 by JustUncle
- Support Resistance - Dynamic by LonesomeTheBlue
Buying/Selling Pressure & Trend Strength/Direction (Expo)"Trading in the direction of a strong trend reduces risk and increases profit potential."
Buying/Selling Pressure & Trend Strength/Direction (Expo) identifies the current buying and selling pressure which easily can be compared to each other to get a feel about if the buyers or the sellers dominate the market. The indicator is also used to determine when the price is trending strongly and where there is a high probability for a pullback or trend reversal.
Red line = Selling Pressure
Green line = Buying Pressure
Limit Value -- Trend Strength
0-200 -- Absent or Weak Trend
200-400 -- Strong Trend
400-600 -- Very Strong Trend
600-1000 -- Extremely Strong Trend (High probability for a pullback or trend reversal)
The limit values can differ some from crypto/currencies/stocks/indices, you can adjust the limits so that it matches the instrument. (but in general, the standard limit works perfectly).
The indicator displays the following:
Buy/Sell pressure.
When you should start looking for support/resistance levels.
Momentum.
Trend & which strength the trend has.
Geometric trend strength (Green/Red Triangles).
"Heads-up" pullback/reversal - signals (Thicker buy/sell lines).
♦ Geometric trend is a unique way to calculate trend strength and does only occur in specific circumstances. When it does, the trend is extremely strong or it's a sign of trend exhaustion. It's always good to start looking for potential reversal points when the market is in this mode, especially if a major support/resistance levels/zones are close.
♦ "Heads-up" pullback/reversal - signals identify areas where a pullback or a reversal can occur, and if this signal comes when the buying/selling pressure is above the limit value 600 a pullback/reversal is likely.
DIVERGENCES
All types of oscillators produce divergences and so does Buying/Selling Pressure & Trend Strength/Direction (Expo). Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high.
♢ ♢ The indicator is simple to understand and use. It can be used standalone or as a part of your current trading strategy. ♢ ♢
HOW TO USE
1. Use the indicator to identify buying and selling pressure.
2. Use the indicator to determine the trend strength.
3. Use the indicator to confirm the existence, or a continuation, of a trend or a trend reversal.
4. Use the indicator to identify trend exhaustion.
5. Use the indicator to identify divergences.
INDICATOR IN ACTION
Daily chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I 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.
My scripts/indicators/ideas are only for educational purposes!
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ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Rockstar - Pullback FlagSimple script to identify pullbacks in an uptrend.
Indicator will add yellow flags if ideal conditions are met.
Additionally plots SMA20, SMA50 and SMA200.
Use this indicator in combination with observed price action and your own strategy.
Do no trade blindly on this indicator.
Conditions:
Price above 200MA
50MA above 200MA
20MA near 50MA
RSI reset below 55
Price delta is close to delta between 20MA and 50MA (trying to filter out volatile moves)
Closed price is near 20MA (setting up again for a move)
[Trend] Support- & Resistance Levels/Zones (Expo)- Trend - Support & Resistance Levels/Zones (Expo) automatically identifies and displays support and resistance levels based on the direction of the trend.
Levels/Zones are displayed where there is a high probability that price will find Support in positive trends and Resistance in negative trends.
Trend Cloud and Trend Detection Line can be enabled.
The indicator can be used standalone or as a part of your current trading strategy.
Real-time
No repainting
Works on any market
HOW TO USE
1. Use the indicator to identify where the price can find support and resistance Levels/Zones in trends.
2. Use the indicator to identify the trend direction.
INDICATOR IN ACTION
4 hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I 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.
My scripts/indicators/ideas are only for educational purposes!