MS COT Commercial OscillatorStochastics indicator on the COT commercials net positions. It looks for the actual level of this value inbetween the extreme values of the lookback period. A value above 80 oder 90 percent is interpreted as a bulllish extreme, a value below 20 or 10 percent is interpreted accordingly a bearish. In fact the absolute level of the commercials net positions should be considered as well. The default value for the lookback period is 26 weeks. Higher values reduce the number of signals but increase their quality.
This script actually was inspired by someone but I forgot by whom :-) ... my apology!
Komut dosyalarını "股价在8元左右净利润为正市值小于80亿的热门股票有哪些" için ara
[blackcat] L3 Composite MACD-KDJ-RSI-WR-DMI Trading SystemLevel: 3
Background
The moving average convergence / divergence (MACD) indicator is a pulse oscillator that is mainly used to trade trends. Although it is an oscillator, it is not typically used to identify overbought or oversold conditions. It appears in the diagram as two lines that oscillate without limits. The crossing of the two lines provides trading signals similar to a system with two moving averages.
The KDJ indicator is a technical indicator used to analyze and predict changes in stock performance and the price patterns of a traded asset. The KDJ indicator is also known as the random index. It is a very useful technical indicator that is most commonly used in short term stock market trend analysis. KDJ is a derived form of the Stochastic Oscillator Indicator with the only difference that an additional line is called the J-line. Values of% K and% D indicate whether the security is overbought (over 80) or oversold (under 20). The moments when% K exceeds% D are the moments to sell or buy. The J line represents the deviation of the% D value from% K. The value of J can exceed for the% K and% D lines on the graph.
The Relative Strength Index (RSI) developed by J. Welles Wilder is a pulse oscillator that measures the speed and change of price movements. The RSI hovers between zero and 100. Traditionally, the RSI is considered overbought when it is above 70 and oversold when below 30. Signals can be generated by looking for divergences and error fluctuations.
Williams% R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams% R can be used to find entry and exit points in the market. The indicator is very similar to the stochastic oscillator and is used in the same way.
The Directional Movement Index (DMI) is an indicator developed by J. Welles Wilder in 1978 to determine in which direction asset prices are moving. The indicator does this by comparing previous highs and lows and drawing two lines: a positive movement line (+DI) and a negative movement line (-DI). The optional third line is called "Directional Movement (DX)" and it shows the difference between the two lines. When +DI is higher than -DI, the upward pressure on the price is greater than the downward pressure. If -DI is higher than +DI, the price will have greater downward pressure. This indicator can help traders assess the trend direction. Crosses between lines are sometimes used as buying and selling signals.
Function
L3 Composite MACD-KDJ-RSI-WR-DMI Trading System is a simple trading system composed of MACD-KDJ-RSI-WR-DMI together. It can produce 6 types of long entries and 3 types of short entries. It utilizes divergence effect from MACD, KDJ and RSI to detect trend reversal. 6 types of Bottom and top divergence labels are displayed in the chart together with "BUY" and "SELL".
NOTE:In order to make the actual label of the chart more clear, this script does not add stop loss and take profit functions and according labels.
Signal
b1~b3 ---> MACD, KDJ, RSI bottom divergence signal respectively, which hint bull trend may start soon.
d1~d3 ---> MACD, KDJ, RSI top divergence signal respectively, which hint bear trend may start soon.
longentry1~6 ---> with composite indicators together, 6 types of long entry signal are produced.
shortentry1~3 ---> with composite indicators together, 3 types of short entry signal are produced.
Pros and Cons
Pros:
1. excellent open-close, long-short entry signal generation with multiple powerful indicators
2. indicator resonance can help to promote the confidence level of signal and divergence alerts
Cons:
1. integration of multiple indicators is not deeply optimized. fake signal may be produced without filtering schemes
2. no range filter is added
Remarks
To celebrate number of followers exceeds 100. This is my first L3 script published.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
[blackcat] L1 Close Histogram OscillatorLevel: 1
Background
A histogram is a special chart that is applied to statistical data that is divided into numerically ordered groups. For example groups with close relationships in the vicinity like "Close-ref(Close ,1)", "Close-ref(Close,2)" and so on. A histogram provides a snapshot of all the data so that you can quickly get an overview of the historical data, especially its general shape.In a histogram, the bars are linked - in contrast to a bar chart for categorical data, in which the bars represent categories that are in no particular order and are separated. The height of each bar in a histogram indicates either the number of individuals (called the frequency) in each group or the percentage of individuals (the relative frequency) in each group. Each individual in the data set falls into exactly one bar.
Function
L2 Close Histogram Oscillator is a novel overbought and oversold indicator that estimate the trend state by counting a specific bar relationship nearby. Once nearby bars reach consensus, it may spread to global quickly. The reason why I got this inspiration is because I have been engaged in the research of blockchain consensus mechanism. The market is a complex system, and its consensus depends on the common human characteristics: greed and fear. The trend of the market often also conforms to sociological characteristics. Maybe it's a bit complicated for me to say that. However, if you understand the principle of the spread of rumors and viruses, you can understand the situation where some individuals in the market have local consensus and gradually spread to the overall situation. This is the process of trend formation.
Key Signal
fastcounter --> fast close histogram counters
slowcounter --> slow close histogram counters
attention --> bottom price appears, with height of 10 in white
readybuy --> a small position buy opportunity after first bottom detected, with height of 20 in yellow
buylow --> a small position buy at low price, with height of 30 in lime
longentry --> a confirmed long entry signal by close histogram counter, with height of 40 in green
risk --> oscillator top is reached and trend reversal may happen, with height drop from 100 to 80 in red
Pros and Cons
Pros:
1. since this is based on consensus formation principle, i think this is a leading indicator by spreading local consensus to global
2. it is an oscillator, overbought and oversold can be easily observed.
Cons:
1. the model is not complex enough to depict market behavior exactly.
2. sideways and chop market will make this indicator's output hard to read.
Remarks
This is rare! I combined my previous theory of developing cellular automata with the market to produce such a weird indicator. I hope to inspire everyone and study market behavior in a deeper level.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
CASH TRAP OSILADORESFor Best Results, Collect Minimum of 4 Confirmations. When the Relative Strength Index is above the top line, look for sales. If it is below the bottom line, Find purchases.
If the Stochastic Oscillator is above the upper line, look for sales, If it is below the bottom line, look for purchases. (also applying price action and looking for bounce points)
PARAMETERS
RSI= 4 (70,30)
STOCH= 5/1/1 (80,20)
Ruckard TradingLatinoThis strategy tries to mimic TradingLatino strategy.
The current implementation is beta.
Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo.
It's aimed at BTCUSDT pair and 4h timeframe.
STRATEGY DEFAULT SETTINGS EXPLANATION
max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two years
calc_on_order_fills=false : To wait for the 4h closing is too much. Try to check if it's worth entering a position after closing one. I finally decided not to recheck if it's worth entering after an order is closed. So it is false.
calc_on_every_tick=false
pyramiding=0 : We only want one entry allowed in the same direction. And we don't want the order to scale by error.
initial_capital=1000 : These are 1000 USDT. By using 1% maximum loss per trade and 7% as a default stop loss by using 1000 USDT at 12000 USDT per BTC price you would entry with around 142 USDT which are converted into: 0.010 BTC . The maximum number of decimal for contracts on this BTCUSDT market is 3 decimals. E.g. the minimum might be: 0.001 BTC . So, this minimal 1000 amount ensures us not to entry with less than 0.001 entries which might have happened when using 100 USDT as an initial capital.
slippage=1 : Binance BTCUSDT mintick is: 0.01. Binance slippage: 0.1 % (Let's assume). TV has an integer slippage. It does not have a percentage based slippage. If we assume a 1000 initial capital, the recommended equity is 142 which at 11996 USDT per BTC price means: 0.011 BTC. The 0.1% slippage of: 0.011 BTC would be: 0.000011 . This is way smaller than the mintick. So our slippage is going to be 1. E.g. 1 (slippage) * 0.01 (mintick)
commission_type=strategy.commission.percent and commission_value=0.1 : According to: binance . com / en / fee / schedule in VIP 0 level both maker and taker fees are: 0.1 %.
BACKGROUND
Jaime Merino is a well known Youtuber focused on crypto trading
His channel TradingLatino
features monday to friday videos where he explains his strategy.
JAIME MERINO STANCE ON BOTS
Jaime Merino stance on bots (taken from memory out of a 2020 June video from him):
'~
You know. They can program you a bot and it might work.
But, there are some special situations that the bot would not be able to handle.
And, I, as a human, I would handle it. And the bot wouldn't do it.
~'
My long term target with this strategy script is add as many
special situations as I can to the script
so that it can match Jaime Merino behaviour even in non normal circumstances.
My alternate target is learn Pine script
and enjoy programming with it.
WARNING
This script might be bigger than other TradingView scripts.
However, please, do not be confused because the current status is beta.
This script has not been tested with real money.
This is NOT an official strategy from Jaime Merino.
This is NOT an official strategy from TradingLatino . net .
HOW IT WORKS
It basically uses ADX slope and LazyBear's Squeeze Momentum Indicator
to make its buy and sell decisions.
Fast paced EMA being bigger than slow paced EMA
(on higher timeframe) advices going long.
Fast paced EMA being smaller than slow paced EMA
(on higher timeframe) advices going short.
It finally add many substrats that TradingLatino uses.
SETTINGS
__ SETTINGS - Basics
____ SETTINGS - Basics - ADX
(ADX) Smoothing {14}
(ADX) DI Length {14}
(ADX) key level {23}
____ SETTINGS - Basics - LazyBear Squeeze Momentum
(SQZMOM) BB Length {20}
(SQZMOM) BB MultFactor {2.0}
(SQZMOM) KC Length {20}
(SQZMOM) KC MultFactor {1.5}
(SQZMOM) Use TrueRange (KC) {True}
____ SETTINGS - Basics - EMAs
(EMAS) EMA10 - Length {10}
(EMAS) EMA10 - Source {close}
(EMAS) EMA55 - Length {55}
(EMAS) EMA55 - Source {close}
____ SETTINGS - Volume Profile
Lowest and highest VPoC from last three days
is used to know if an entry has a support
VPVR of last 100 4h bars
is also taken into account
(VP) Use number of bars (not VP timeframe): Uses 'Number of bars {100}' setting instead of 'Volume Profile timeframe' setting for calculating session VPoC
(VP) Show tick difference from current price {False}: BETA . Might be useful for actions some day.
(VP) Number of bars {100}: If 'Use number of bars (not VP timeframe)' is turned on this setting is used to calculate session VPoC.
(VP) Volume Profile timeframe {1 day}: If 'Use number of bars (not VP timeframe)' is turned off this setting is used to calculate session VPoC.
(VP) Row width multiplier {0.6}: Adjust how the extra Volume Profile bars are shown in the chart.
(VP) Resistances prices number of decimal digits : Round Volume Profile bars label numbers so that they don't have so many decimals.
(VP) Number of bars for bottom VPOC {18}: 18 bars equals 3 days in suggested timeframe of 4 hours. It's used to calculate lowest session VPoC from previous three days. It's also used as a top VPOC for sells.
(VP) Ignore VPOC bottom advice on long {False}: If turned on it ignores bottom VPOC (or top VPOC on sells) when evaluating if a buy entry is worth it.
(VP) Number of bars for VPVR VPOC {100}: Number of bars to calculate the VPVR VPoC. We use 100 as Jaime once used. When the price bounces back to the EMA55 it might just bounce to this VPVR VPoC if its price it's lower than the EMA55 (Sells have inverse algorithm).
____ SETTINGS - ADX Slope
ADX Slope
help us to understand if ADX
has a positive slope, negative slope
or it is rather still.
(ADXSLOPE) ADX cut {23}: If ADX value is greater than this cut (23) then ADX has strength
(ADXSLOPE) ADX minimum steepness entry {45}: ADX slope needs to be 45 degrees to be considered as a positive one.
(ADXSLOPE) ADX minimum steepness exit {45}: ADX slope needs to be -45 degrees to be considered as a negative one.
(ADXSLOPE) ADX steepness periods {3}: In order to avoid false detection the slope is calculated along 3 periods.
____ SETTINGS - Next to EMA55
(NEXTEMA55) EMA10 to EMA55 bounce back percentage {80}: EMA10 might bounce back to EMA55 or maybe to 80% of its complete way to EMA55
(NEXTEMA55) Next to EMA55 percentage {15}: How much next to the EMA55 you need to be to consider it's going to bounce back upwards again.
____ SETTINGS - Stop Loss and Take Profit
You can set a default stop loss or a default take profit.
(STOPTAKE) Stop Loss % {7.0}
(STOPTAKE) Take Profit % {2.0}
____ SETTINGS - Trailing Take Profit
You can customize the default trailing take profit values
(TRAILING) Trailing Take Profit (%) {1.0}: Trailing take profit offset in percentage
(TRAILING) Trailing Take Profit Trigger (%) {2.0}: When 2.0% of benefit is reached then activate the trailing take profit.
____ SETTINGS - MAIN TURN ON/OFF OPTIONS
(EMAS) Ignore advice based on emas {false}.
(EMAS) Ignore advice based on emas (On closing long signal) {False}: Ignore advice based on emas but only when deciding to close a buy entry.
(SQZMOM) Ignore advice based on SQZMOM {false}: Ignores advice based on SQZMOM indicator.
(ADXSLOPE) Ignore advice based on ADX positive slope {false}
(ADXSLOPE) Ignore advice based on ADX cut (23) {true}
(STOPTAKE) Take Profit? {false}: Enables simple Take Profit.
(STOPTAKE) Stop Loss? {True}: Enables simple Stop Loss.
(TRAILING) Enable Trailing Take Profit (%) {True}: Enables Trailing Take Profit.
____ SETTINGS - Strategy mode
(STRAT) Type Strategy: 'Long and Short', 'Long Only' or 'Short Only'. Default: 'Long and Short'.
____ SETTINGS - Risk Management
(RISKM) Risk Management Type: 'Safe', 'Somewhat safe compound' or 'Unsafe compound'. ' Safe ': Calculations are always done with the initial capital (1000) in mind. The maximum losses per trade/day/week/month are taken into account. ' Somewhat safe compound ': Calculations are done with initial capital (1000) or a higher capital if it increases. The maximum losses per trade/day/week/month are taken into account. ' Unsafe compound ': In each order all the current capital is gambled and only the default stop loss per order is taken into account. That means that the maximum losses per trade/day/week/month are not taken into account. Default : 'Somewhat safe compound'.
(RISKM) Maximum loss per trade % {1.0}.
(RISKM) Maximum loss per day % {6.0}.
(RISKM) Maximum loss per week % {8.0}.
(RISKM) Maximum loss per month % {10.0}.
____ SETTINGS - Decimals
(DECIMAL) Maximum number of decimal for contracts {3}: How small (3 decimals means 0.001) an entry position might be in your exchange.
EXTRA 1 - PRICE IS IN RANGE indicator
(PRANGE) Print price is in range {False}: Enable a bottom label that indicates if the price is in range or not.
(PRANGE) Price range periods {5}: How many previous periods are used to calculate the medians
(PRANGE) Price range maximum desviation (%) {0.6} ( > 0 ): Maximum positive desviation for range detection
(PRANGE) Price range minimum desviation (%) {0.6} ( > 0 ): Mininum negative desviation for range detection
EXTRA 2 - SQUEEZE MOMENTUM Desviation indicator
(SQZDIVER) Show degrees {False}: Show degrees of each Squeeze Momentum Divergence lines to the x-axis.
(SQZDIVER) Show desviation labels {False}: Whether to show or not desviation labels for the Squeeze Momentum Divergences.
(SQZDIVER) Show desviation lines {False}: Whether to show or not desviation lines for the Squeeze Momentum Divergences.
EXTRA 3 - VOLUME PROFILE indicator
WARNING: This indicator works not on current bar but on previous bar. So in the worst case it might be VP from 4 hours ago. Don't worry, inside the strategy calculus the correct values are used. It's just that I cannot show the most recent one in the chart.
(VP) Print recent profile {False}: Show Volume Profile indicator
(VP) Avoid label price overlaps {False}: Avoid label prices to overlap on the chart.
EXTRA 4 - ZIGNALY SUPPORT
(ZIG) Zignaly Alert Type {Email}: 'Email', 'Webhook'. ' Email ': Prepare alert_message variable content to be compatible with zignaly expected email content format. ' Webhook ': Prepare alert_message variable content to be compatible with zignaly expected json content format.
EXTRA 5 - DEBUG
(DEBUG) Enable debug on order comments {False}: If set to true it prepares the order message to match the alert_message variable. It makes easier to debug what would have been sent by email or webhook on each of the times an order is triggered.
HOW TO USE THIS STRATEGY
BOT MODE: This is the default setting.
PROPER VOLUME PROFILE VIEWING: Click on this strategy settings. Properties tab. Make sure Recalculate 'each time the order was run' is turned off.
NEWBIE USER: (Check PROPER VOLUME PROFILE VIEWING above!) You might want to turn on the 'Print recent profile {False}' setting. Alternatively you can use my alternate realtime study: 'Resistances and supports based on simplified Volume Profile' but, be aware, it might consume one indicator.
ADVANCED USER 1: Turn on the 'Print price is in range {False}' setting and help us to debug this subindicator. Also help us to figure out how to include this value in the strategy.
ADVANCED USER 2: Turn on the all the (SQZDIVER) settings and help us to figure out how to include this value in the strategy.
ADVANCED USER 3: (Check PROPER VOLUME PROFILE VIEWING above!) Turn on the 'Print recent profile {False}' setting and report any problem with it.
JAIME MERINO: Just use the indicator as it comes by default. It should only show BUY signals, SELL signals and their associated closing signals. From time to time you might want to check 'ADVANCED USER 2' instructions to check that there's actually a divergence. Check also 'ADVANCED USER 1' instructions for your amusement.
EXTRA ADVICE
It's advised that you use this strategy in addition to these two other indicators:
* Squeeze Momentum Indicator
* ADX
so that your chart matches as close as possible to TradingLatino chart.
ZIGNALY INTEGRATION
This strategy supports Zignaly email integration by default. It also supports Zignaly Webhook integration.
ZIGNALY INTEGRATION - Email integration example
What you would write in your alert message:
||{{strategy.order.alert_message}}||key=MYSECRETKEY||
ZIGNALY INTEGRATION - Webhook integration example
What you would write in your alert message:
{ {{strategy.order.alert_message}} , "key" : "MYSECRETKEY" }
CREDITS
I have reused and adapted some code from
'Directional Movement Index + ADX & Keylevel Support' study
which it's from TradingView console user.
I have reused and adapted some code from
'3ema' study
which it's from TradingView hunganhnguyen1193 user.
I have reused and adapted some code from
'Squeeze Momentum Indicator ' study
which it's from TradingView LazyBear user.
I have reused and adapted some code from
'Strategy Tester EMA-SMA-RSI-MACD' study
which it's from TradingView fikira user.
I have reused and adapted some code from
'Support Resistance MTF' study
which it's from TradingView LonesomeTheBlue user.
I have reused and adapted some code from
'TF Segmented Linear Regression' study
which it's from TradingView alexgrover user.
I have reused and adapted some code from
"Poor man's volume profile" study
which it's from TradingView IldarAkhmetgaleev user.
FEEDBACK
Please check the strategy source code for more detailed information
where, among others, I explain all of the substrats
and if they are implemented or not.
Q1. Did I understand wrong any of the Jaime substrats (which I have implemented)?
Q2. The strategy yields quite profit when we should long (EMA10 from 1d timeframe is higher than EMA55 from 1d timeframe.
Why the strategy yields much less profit when we should short (EMA10 from 1d timeframe is lower than EMA55 from 1d timeframe)?
Any idea if you need to do something else rather than just reverse what Jaime does when longing?
FREQUENTLY ASKED QUESTIONS
FAQ1. Why are you giving this strategy for free?
TradingLatino and his fellow enthusiasts taught me this strategy. Now I'm giving back to them.
FAQ2. Seriously! Why are you giving this strategy for free?
I'm confident his strategy might be improved a lot. By keeping it to myself I would avoid other people contributions to improve it.
Now that everyone can contribute this is a win-win.
FAQ3. How can I connect this strategy to my Exchange account?
It seems that you can attach alerts to strategies.
You might want to combine it with a paying account which enable Webhook URLs to work.
I don't know how all of this works right now so I cannot give you advice on it.
You will have to do your own research on this subject. But, be careful. Automating trades, if not done properly,
might end on you automating losses.
FAQ4. I have just found that this strategy by default gives more than 3.97% of 'maximum series of losses'. That's unacceptable according to my risk management policy.
You might want to reduce default stop loss setting from 7% to something like 5% till you are ok with the 'maximum series of losses'.
FAQ5. Where can I learn more about your work on this strategy?
Check the source code. You might find unused strategies. Either because there's not a substantial increases on earnings. Or maybe because they have not been implemented yet.
FAQ6. How much leverage is applied in this strategy?
No leverage.
FAQ7. Any difference with original Jaime Merino strategy?
Most of the times Jaime defines an stop loss at the price entry. That's not the case here. The default stop loss is 7% (but, don't be confused it only means losing 1% of your investment thanks to risk management). There's also a trailing take profit that triggers at 2% profit with a 1% trailing.
FAQ8. Why this strategy return is so small?
The strategy should be improved a lot. And, well, backtesting in this platform is not guaranteed to return theoric results comparable to real-life returns. That's why I'm personally forward testing this strategy to verify it.
MENSAJE EN CASTELLANO
En primer lugar se agradece feedback para mejorar la estrategia.
Si eres un usuario avanzado y quieres colaborar en mejorar el script no dudes en comentar abajo.
Ten en cuenta que aunque toda esta descripción tenga que estar en inglés no es obligatorio que el comentario esté en inglés.
CHISTE - CASTELLANO
¡Pero Jaime!
¡400.000!
¡Tu da mun!
Traders Dynamic Index(RSI) w/ Bull&Bear Control ZonesMomentum (RSI) is one of the most commonly used indicators for trading, but the vast majority of traders who use it, simply apply it as an oscillator to measure overbought and oversold conditions. However, momentum is much more complex than that and using a basic RSI fails to highlight these complexities.
What this highlights are some of the areas/zones that many people may not even know about or are unaware what the RSI can actually reveal about a particular trend.
What this indicator is showing:
Fast moving RSI (Green) - 1 period
Slow moving RSI (Red) - 9 period
Bollinger Bands
Relative Strength: 1 - 100
Bearish Control Zone: 30(Below) - 45
Bullish Control Zone: 60 - 70 (Above)
How this identifies trends:
Bear Market(Bearish Control Zone):
-Support: 20(Below) - 30
-Resistance: 55 - 65
-Momentum will test resistance but will fail to hold support at 50
Bull Market(Bullish Control Zone):
-Support: 45 - 50
-Resistance: 80 - 90(Above)
-Momentum will test support but will not continue past the 45 support
How this identifies reversals:
If a market is bullish, but loses support at 45 and tests 30, it has begun reversal. If a market is bearish, but breaks 60 and tests 70, it has begun reversal.
-A bull market reversal is confirmed if it finds resistance at 60 after testing bearish support
-A bear market reversal is confirmed if it finds support at 50 after testing bullish resistance
Slow & Fast RSI w/ Boll Bands:
-The Slow and Fast RSI crossovers will act as Intermediate trends within the Macro trend - Fast crosses slow, bullish. Slow cross fast, bearish.
-Use in confluence with the Macro trend.
-While under Bearish Control, the Slow RSI will act as resistance for the Fast RSI.
-While under Bullish Control, the Slow RSI will act as support for the Fast RSI.
-The two will have an impulsive crossover when the Macro trend reverses.
-The Bollinger Bands will act as a volatility gauge for potential approaching tests of Support & Resistances. (Expansions & Contractions)
This is an analog of TDIGM (GoldMinds)
-Added Bullish/Bearish Control Zones.
-Changed Fast RSI to Green and Slow RSI to Red.
RSI + MFI - Crypto Bull and Bear market A fancy styled version of the RSI (Relative Stochastic Index) + MFI (Money Flow Index) oscillators in order to emphasize buy and sell opportunities.
The 80 and 20 Bands are meant to be used in Bull or Bear markets. Better performing in D timeframes.
The circles represent the cross between RSI and MFI .
Designed for Crypto Markets
Thanks @micheleprandina
Credits:
Triumph ChannelsChannel uses @KivancOzbilgic's VIDYA script as a basis and the maximum distance between Least Square Moving Average (14) over a specified number of periods (80) as size.
This combination is good as it uses one very slow MA and one highly overlapping one. Can be combined with ATR channels where Triumph will represent extreme in relevance to the previous days and ATR channels will work with current volatility.
I like to offset channel sizing by 3, so when the price gets outside the channel, it doesn't get engulfed by the blue just yet.
If you zoom out, this is good to spotting sideways price action too. When there is a trend, it will be big. Then, it will remain low in the contraction phase and it will make it easier to find the areas of contraction and trend in retrospective and study them before placing a new trade.
CHK 3TIMEFRAME RSI OB-OS SCREENER Sharing RSI Screener. It shows RSI Situation for 12 Stocks.
User can replace the stocks as per their respective exchange
User can select 3 Time Frames of his/her choice
User can change the OverBought / OverSold Values to 70/30. This indicator uses 80/20.
RSI BELOW 50 = PINK COLOR
OVERSOLD = MAROON COLOR
RSI ABOVE 50 = LIGHT GREEN COLOR
OVERBOUGHT = DARK GREEN COLOR
For Example : This Chart and the Indicator snapshot shows, the stock BPCL is Oversold for the 30 Min TimeFrame
For Example : The indicator snapshot shows, the stocks HDFC and AUBANK have their RSI's below 50 across the 30 Min / 60 Min / 120 Min
TimeFrames
Please give it some time to load, and every time you change Resolution.
Add another one, to have a screener screening 24 stocks :)
Study RSI3M3 from Walter J. BressertDear Trader,
Walter Bressert started with cycle trading and published is findings in different books.
In one off his documents "Timing is everything, The Cycle Trading Pattern" he's using a very simple oscillator.
This oscillator called RSI3M3.
The RSI3M3 is a 3-bar RSI smoothed with a 3-bar moving average.
Oscillator/Cycle Combinations that Identify Trading Cycle Tops and Bottoms.
Trading cycles show distinct tops and bottoms that are frequently accompanied by overbought and oversold levels of an oscillator that is derived from price activity.
This oscillator shows the ebb and flow of market energy, or the buying and selling power as it tops and bottoms.
Although not based on time, it quite frequently identifies cycle tops and bottoms with accuracy of 80-90% depending on the market and time frame.
With this kind of accuracy the oscillator can be used to identify high probability trading situations at tops and bottoms of cycles.
Even better, the oscillator can be used to generate mechanical buy and sell signals that take much of the judgment and stress out of trading.
In combination with other indicator, like the MACD, this could be a powerfull tool to make youre strategy more accurate.
Happy trading,
ADutchTourist
8020 Momentum and Pin CandleWe know the 80-20 Rule works very well in real life. It works well in technical analysis and price action as well.
This script identifies strong or momentum candles applying the rule body should be 80% or more of the range This is 80% body and 20% shadow.
Then there are pin candles where there is a 80% shadow and open and close is in one extreme and body is 20% or less.
If we can trade these 8020 candles effectively our trading will improve dramatically.
Use Momentum Candles for entry, stop loss, watching follow through etc
Use Pin Candles to look for reversals.
Works best in direction of trend.
In bullish market, green momentum candles are more powerful and pin candles after retracement is more powerful and vice versa.
多重平均线（Multi Moving Average）This is a Multi Moving Average indicator which redesign and translate for Chinese.
这是一个多重平均线（Multi Moving Average）指标。
本脚本的目的在于帮助使用中文的人了解该指标，特别是其用法。同时将该指标代码添加完整的中文注释，方便使用中文的人学习Pine语言。
平均线是最常用的技术分析方法之一。
本指标的特色
相对于官方提供的平均线，本版本平均线指标有两点特色：
1 可以在图表上一次显示多条（最多6条）移动平均线；
2 支持包括SMA、EMA、WMA、HMA、VWMA、RMA等多种平均线，可以根据自己的需求选择相应的平均线。
*注释
SMA：简单移动平均线
EMA：指数加权移动平均线
WMA：加权移动平均线
HMA：船体移动平均线
VWMA：成交量加权移动平均线
RMA：RSI指标中使用的移动平均线，也叫指数加权移动平均线
指标可调节参数
该指标有六个可设置的参数
1 MA1：默认为5；
2 MA2：默认为13；
3 MA3：默认为20；
4 MA4：默认为40；
5 MA5：默认为80；
6 MA6：默认为160。
本指标还有两项可选设置项
1 价格源：价格源默认使用收盘价，但是你还可以选择使用开盘价、最高价、最低价等其他的价格计算方式；
2 选择使用的MA类型；
Ehlers Zero Mean Roofing Filter [CC]The Zero Mean Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pg 80) and this is a much more reactive roofing filter compared to Ehler's Roofing Filter which I also added for reference. Buy when the indicator rises over 0 and sell when the indicator falls below 0.
This was a special request so let me know if there are other indicators you would like to see me publish or if you want something custom done!
万有引力（均线支撑阻挡Moving Average Support and Resisitance）系统This is a Moving Average indicator base on R/S which design for Chinese.
这是一个基于均线作为移动支撑阻挡的用法而设计的指标。
本脚本的目的在于帮助使用中文的人了解该指标，特别是其用法。同时将该指标代码添加完整的中文注释，方便使用中文的人学习Pine语言。
均线移动支撑阻挡的用法是葛南维八大买卖法则的基础。
本指标的特色
本指标利用均线的支撑阻挡效应来捕捉一段长期趋势的第二段行情。
*万有引力：即均值回归理论。认为价格始终在重复着远离其均值，再回到其均值；
*洛希极限：以均线为中心，以其0.2标准差构建其上下轨道，形成一个容错通道；
指标可调节参数
该指标有三个可设置的参数
1 短周期均线参数：默认为20；
2 长周期均线乘数：默认为80；
3 标准差参数：0.2
本指标还有两项可选设置项
1 价格源：价格源默认使用收盘价，但是你还可以选择使用开盘价、最高价、最低价等其他的价格计算方式；
2 是否显示强趋势的开关；
3 是否显示中趋势的开关；
指标用法
买入信号： 当指标出现上涨A或上涨B时，即为买入信号。其中上涨A为强趋势信号，上涨B为中趋势信号。
卖出信号： 当指标出现下跌A或下跌B时，即为卖出信号。其中下跌A为强趋势信号，下跌B为中趋势信号。
本指标支持配置买卖点的预警。
指标优势
1 适用于不同的时间周期和不同的交易品种；
2 对趋势有很好的识别效应。
指标局限性
本指标主要在于捕捉趋势的第二段，若当前趋势较弱时，第二段极有可能不成立。
Alerts EMA RSI [ Buy/Sell ]Buy alerts when RSI cross over 30, 40, 50, 60, 70 and EMA5 changes > 0.
Sell alerts when RSI cross down 80, 70, 60, 50, 40 and EMA5 changes < 0.
Simple Harmonic Oscillator (SHO)The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018 (pages 78-80) (www.ftaa.org.hk)
The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle. The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent. The SHO has overbought and oversold levels at +40 and -40, respectively. At extreme periods, the oscillator may reach the levels of +60 and -60. The zero level demonstrates an equilibrium between the periods of bulls and bears. The SHO oscillates between +40 and -40. The crossover at those levels creates buy and sell signals. In an uptrend, the SHO fluctuates between 0 and +40 where the bulls are controlling the market. On the contrary, the SHO fluctuates between 0 and -40 during downtrends where the bears control the market. Reaching the extreme level -60 in an uptrend is a sign of weakness. Mostly, the oscillator will retrace from its centerline rather than the upper boundary +40. On the other hand, reaching +60 in a downtrend is a sign of strength and the oscillator will not be able to reach its lower boundary -40.
Centerline Crossover Tactic
This tactic is tested during uptrends. The buy signals are generated when the WPO/SHI cross their centerlines to the upside. The sell signals are generated when the WPO/SHI cross down their centerlines. To define the uptrend in the system, stocks closing above their 50-day EMA are considered while the ADX is above 18.
Uptrend Tactic
During uptrends, the bulls control the markets, and the oscillators will move above their centerline with an increase in the period of cycles. The lower boundaries and equilibrium line crossovers generate buy signals, while crossing the upper boundaries will generate sell signals. The “Re-entry” and “Exit at weakness” tactics are combined with the uptrend tactic. Consequently, we will have three buy signals and two sell signals.
Sideways Tactic
During sideways, the oscillators fluctuate between their upper and lower boundaries. Crossing the lower boundary to the upside will generate a buy signal. On the other hand, crossing the upper boundary to the downside will generate a sell signal. When the bears take control, the oscillators will cross down the lower boundaries, triggering exit signals. Therefore, this tactic will consist of one buy signal and two sell signals. The sideway tactic is defined when stocks close above their 50-day EMA and the ADX is below 18
Relative Strength Index @ inflowjetRelative Strength Index 80/20 with extra 30/70 area and 50% dashed line
Relative Strength Index - JDRThis is the basic RSI, with more levels. The 80, 50 & 20 levels has been added. When the RSI is above the 50 level, it can be considered to be a uptrend. When the RSI is below the 50 level, it can be considered to be in a downtrend. However this is just an indication, price action is the best way to determine whether price is in an uptrend or downtrend.
Mathias & Christer Timeframe RSIThis strategy is based on High and low RSI.
If RSI is => 80 and RSI drops enter Sell position
If RSI is =< 20 anr RSI goes up enter Buy position.
as exit I use MA crosses
MA short (30)
MA Long (50)
Stochastic based on Closing Prices - Identify and Rank TrendsStochClose is a trend indicator that can be used on its own to measure trend strength, in a scan to rank a group of securities according to trend strength or as part of a trend following strategy. Moreover, it acts as a volatility-adjusted trend indicator that puts securities on an equal footing.
StochClose measures the location of the current close relative to the close-only high-low range over a given period of time. In contrast to the traditional Stochastic Oscillator, this indicator only uses closing prices. Traditional Stochastic uses intraday highs and lows to calculate the range. The focus on closing prices reduces signal noise caused by intraday highs and lows, and filters out errant or irrationally exuberant price spikes.
Here are some examples when the high or low was out of proportion and suspect. Perhaps most famously, there were errant spike lows in dozens of ETFs in August 2015 (XLK, IJR, ITB). There were other spikes in VMBS (October 2014), IJR (October 2008) and KRE (May 2011). Elsewhere, there were suspicious spikes in IEI (April 2020), CHD (March 2020), CCRN (March 2020) and FNB (March 2020)
The preferred setting to identify medium and long-term uptrends is 125 days with 5 days smoothing. 125 days covers around six months. Thus, StochClose(125,5) is a 5-day SMA of the 125-day Stochastic based on closing prices. Smoothing with the 5-day SMA introduces a little lag, but reduces whipsaws and signal noise.
StochClose fluctuates between 0 and 100 with 50 as the midpoint. Values above 80 indicate that the current price is near the high end of the 125-day range, while values below 20 indicate that price is near the low end of the range. For signals, a move above 60 puts the indicator firmly in the top half of the range and points to an uptrend. A move below 40 puts the indicator firmly in the bottom half of the range and points to a downtrend.
StochClose values can also be ranked to separate the leaders from the laggards. In contrast to Rate-of-Change and Percentage Above/Below a Moving Average, StochClose acts as a volatility-adjusted indicator that can identify trend strength or weakness. The Consumer Staples SPDR is unlikely to win in a Rate-of-Change contest with the Technology SPDR. However, it is just as easy for the Consumer Staples SPDR to get in the top of its range as it is for the Technology SPDR. StochClose puts securities on an equal footing.
StochClose measures trend direction and trend strength with one number. The indicator value tells us immediately if the security is trending higher or lower. Furthermore, we can compare this value against the values for other securities. Securities with higher StochClose values are stronger than those with lower values.
Rate Of Change - Weekly SignalsRate of Change - Weekly Signals
This indicator gives a potential "buy signal" using Rate of Change of SPX and VIX together,
using the following criteria:
SPX Weekly ROC(10) has been BELOW -9 and now rises ABOVE -5
*PLUS*
VIX Weekly ROC(10) has been ABOVE +80 and now falls BELOW +10
The background will turn RED when ROC(SPX) is below -9 and ROC(VIX) is above +80.
The background will turn GREEN when ROC(SPX) is above -5 and ROC(VIX) is below +10.
So the potential "buy signal" is when you start to get GREEN BARS AFTER RED - usually with
some white/empty bars in between...but wait for the green. This indicates that the volatility
has settled down, and the market is starting to turn up.
This indicator gives excellent entry points, but be careful of the occasional false signals.
See Nov. 2001 and Nov. 2008, in both cases the market dropped another 25-30% before the final
bottom was formed. Always have an exit strategy, especially when buying in after a downtrend.
How I use this indicator, pretty much as shown in the preview. Weekly SPX as the main chart with
some medium/long moving averages to identify the trend, VIX added as a "Compare Symbol" in red,
and then the Weekly ROC signals below.
For the ROC graphs, you can show SPX+VIX together, SPX alone, or VIX alone. I prefer to display
them separately because they don't scale well together (VIX crowds out the SPX when it spikes).
Background color is still based on both SPX/VIX together, regardless of which graph is shown.
Note that there is no VIX data available on Trading View prior to 1990, so for those dates the
formula is using only ROC(SPX) and the assigned thresholds (-9 and -5, or whatever you choose).
RCI_NUU
Added signal in RCI.
Signals when the mid-term line crosses 80, -80.
Also, the background color changes when the medium-term line and the long-term line cross.
MAs & RSI strategy long onlyThis system originates from many articles by Enrico Malverti, Trading System, 2015.
Many trading systems are more stable if you use simple and not so innovative indicators, like exponential moving averages and Relative Strengthe index.
Differently by the original article:
- there is no ATR Filter, but we have introduced a Schaff Indicator. If you have multiple shares/commodities to choose, prefer what has a better value of Schaff;
- there is no fixed stop loss but a second moving average (fast), used as target. There are also Simple Mov Averages on lows (trailing stop loss for long) and a SMA on highs (trailing stop loss for short position).
Be careful, in the system only long case, because being short is not the reverse of being long (as stated in my blog)
SMA on highs are therefore only graphically put.
In this version, I’ve changed the “religious” use of EMAs (“sponsored by” Alexander Elder) to “ordinary” MAs: this because since simple moving averages measure all the factor in addition egual each one, this involve a sort of “offset” in the graph, while EMAs give a major “importance” to the last value (last close itself, you’re already considering): therefore this calculation may be counterproductive.
HOW TO OPERATE
BUY when prices crosses over SMAon long period (we suggest, however, sma long = Sma fast period = no. 11 for italian and european shares)
SELL when
prices go under SMA on lows (7 period), or under on SMA fast!
RSI crosses under level 70 or is higher than 75 (or 80, but in code there is 75)
