Yield Curve Version 2.41Welcome to Yield Curve Version 2.41
* Please read description to help understand the information displayed.
* NOTE - This script requires 1 real time update before accurate information is displayed, therefore WILL NOT display the correct information if the Bond Market is Closed over the Weekend.
* NOTE - When values are changed Via Input setting they do take a bit to display based off all the information that is required to display this script.
**FEATURES**
* Input Features let you view the information the way YOU like via Input Settings
* Displays Current Version Title - Toggleable On/Off via Input Settings - Default On
* Plots the Yield Curve of the Bonds listed (Middle Green and Red Line)
* Displays the Spread for each Bond (Top Green and Red Labels) - Toggleable On/Off via Input Settings - Change Size via Input Settings - Default On
* Displays the current Yield for each Bond (Bottom Green and Red Labels) - Toggleable On/Off via Input Settings - Change Size via Input Settings - Default On - Large Size
* Plots the Average of the Entire Yield Curve (BLUE Line within the Yield Curve) - Toggleable On/Off via Input Settings - Default On
* Displays messages based off Yield Inversions (Orange Text) - Toggleable On/Off via Input Settings - Default On if Applicable
* Displays 2 10 Inversion Warning Message (Orange Text) - Toggleable On/Off via Input Settings - Default On if Applicable
* Plots Column Data at the Bottom that tries to help determine the Stability of the Yield Curve (More information Below about Stability) - Toggleable On/Off via Input Settings - Default On
* Plots the 7,20 and 100 SMA of the STABILITY MAX OVERLOAD (More information Below about Stability Max Overload) - Toggleable On/Off via Input Settings - Default On for 100SMA Off for 7 and 20 SMA
**Bottom Columns are all about STABILITY**
* I have tried to come up with an algorithm that helps understand the Stability of the Yield Curve. There are 3 Sections to the Bottom Columns.
* Section 1 - STABILITY (Displayed as the lightest Green or Red Column) Values range from 0 to 1 where 1 equals the MOST UNSTABLE Curve and 0 equals the MOST STABLE Curve
* Section 2 - STABILITY OVERLOAD (Displayed just above the Stability Column a shade darker Green or Red Column)
* Section 3 - STABILITY MAX OVERLOAD (Displayed just above the Stability Overload Column a shade darker Green or Red Column)
What this section tries to do is help understand the Stability of the Curve based on the inversions data. Lower values represent a MORE STABLE curve. If the Yield Curve currently has 0 Inversions all Stability factors should equal 0 and therefore not plot any lower columns. As the Yield Curve becomes more inverted each section represents a value based off that data. GREEN columns represent a MORE Stable Curve from the resolution prior and vise versa.
STABILITY tests the current Stability of the Curve itself again ranging from 0 to 1 where 0 equals the MOST Stable Curve and 1 equals the MOST Unstable Curve.
STABILIY OVERLOAD adds a value to STABLITY based off STABILITY itself.
STABILITY MAX OVERLOAD adds the Entire value to STABILITY derived again from STABILITY.
This section also allows us to see the 7,20 and 100 SMA of the STABILITY MAX OVERLOAD which should always be the GREATEST of ALL STABILTY COLUMNS.
Remember - All information displayed can be tuned On or Off besides the Curve itself. There are also other Features Accessible Via the Input Settings.
I will continue to update this script as there is more information I would like to gather and display!
I hope you enjoy,
OpptionsOnly
Komut dosyalarını "20蒙古币兑换人民币" için ara
EMA Trading StrategyThis script is based on exponential moving average strategy, or EMA strategy, is used to identify trends on the chart.
When EMA 20 and 55 are above EMA 200 and EMA 20 is green, this shows an uptrend, good for a long.
When EMA 20 turns red then it's time to sell.
Ultimate Moving Average Package (17 MA's)Included is the:
VWAP
Current time frame 10 EMA
Current time frame 20 EMA
Current time frame 50 EMA
Current time frame 10 SMA
Current time frame 20 SMA
Current time frame 50 SMA
Daily 10 EMA
Daily 20 EMA
Daily 50 EMA
Daily 50 SMA
Daily 100 SMA
Daily 200 SMA
Weekly 100 SMA
Weekly 200 SMA
Monthly 100 SMA
Monthly 200 SMA
All Daily/Weekly/Monthly MA's can be seen on intraday charts. Current time frame MA's change depending on your time frame. Obviously you dont need all 17 on your chart but you can pick the ones you like and disable the rest.
[TH] MA CloudThis script uses concept of ichmok cloud to SMA . ( But the details are different )
It is useful for 1-3 month swing trading (if open market is 5days in a week).
* Cloud
Simple Moving Average ( SMA ) 20 days & 60 days were used to make cloud region( green, red cloud )
- 20 days, 60days SMA were translated to 20days future from now ( =SMA Leading span 1,2 )
- if 20days sma > 60days sma => green
- if 20days sma < 60days sma => red
- if close price < cloud => The bigger red cloud means stronger resistance
- if close price > cloud = > The bigger green cloud means stronger support
* Leading Span (Most important)
Instead of using lagging span, I used leading span.
We can predict 20 days sma's direction with this leading span & current price(close price)
- if close price makes Dead Cross over leading span & close price < 20days sma
=> 20days sma heading down soon
- if close price makes Golden Cross over leading span & close > 20days sma
=> 20days sma heading up soon
* buy
Buy IF 20days sma heading up soon & close price >= green cloud ( even better if 20days sma >= 60days sma )
OR IF 20days sma heading up soon & close price < red cloud & cloud is small ( low success rate )
Turtle SystemFirst pinescript strategy I've ever written so still learning what is possible.
This strategy is based on the famous turtle system and tried to stay true
to the rules within the confines of what pinescript will allow me to do.
Features:
Green lines represents the 20/55 day highs (configurable)
Red lines represent the 10/20 day lows (configurable)
Purple line represents stop (defaults to 2N away configurable)
Pyramids up to 5 long positions (each 1N away configurable).
Arrows:
Up Arrow Green - 20 day long position entered
Up Arrow Purple - 55 day long position entered
Down Arrow Green - Winning trade exited out.
Down Arrow Red - Losing Trade either stopped out or exited out.
Code tracks successful wins as it is only allowed to enter positions if the last trade was not a wining trade.
One limitation, only supports Long trades although wouldn't be a lot of work to also make it support Short. NASDAQ:AAPL
Love to hear feedback on improvements, particularly to make it more robust.
Sexy RSI for sexy tradersHello fellow sexy traders.
I was tired of constantly having to add my own horizontals/MAs to the default RSI so I decided to make this modification.
The default settings include channels from 40-80 (green horizontals) for a bullish range, and 20-60 (red horizontals) for the bearish range.
Also includes white line at 50 level, and blue horizontals at extremes (90 and 10).
If RSI stays in one of the red or green range that can signify the trend direction, as directed by Andrew Cardwell (inventor of the RSI).
If you wish for other levels to be included, just let me know! Comment on here or dm me on twitter @boss_charts and I can add the settings for you, so all you have to do is click a button and it will set it to your desired config. I want this to be a tool that is useful for heavy traders to save them time.
Additionally, in order to tell the level of the RSI and how overextended it might be, I added the setting for the RSI to change color depending on its level. Current settings are as follows:
Normal RSI (30-70) = PURPLE
Conventional Overbought/Oversold (30-20 + 70-80) = RED
1st extended (20-15 + 80-85) = PINK
2nd extended (15-10 + 85-90) = ORANGE
VERY EXTENDED (<10 + >90) = YELLOW
That way you can get an idea of how drastic a move is by the color alone. According to Dr. Cardwell, a drastic move to over/under extended can be a sign of strength.
Finally, there are the default MAs added that Mr. Cardwell defines as useful for defining the trend. These being the 9 MA and 45 EMA/WMA.
The strategy with these is to have the MAs on both price and RSI. If the 9MA is above the 45 MA on both price and RSI, then this is bullish and you can look for longs.
Conversely, if the 9 is below the 45 on both RSI and price that is bearish, and you can look for shorts.
I added the background color change for the points where the MAs cross each other, so you do not have to have the MAs fogging up your charts to know where they are relative to one another. This is similar to my MA cross indicator which contains the same functionality.
Never financial advice. Backtest it for yourself and find MA configurations that work for you.
Enjoy! Feel free to send feedback/requests whenever.
Multi SMA EMA WMA HMA BB (5x8 MAs Bollinger Bands) MAX MTF - RRBMulti SMA EMA WMA HMA 4x7 Moving Averages with Bollinger Bands MAX MTF by RagingRocketBull 2019
Version 1.0
All available MAX MTF versions are listed below (They are very similar and I don't want to publish them as separate indicators):
ver 1.0: 4x7 = 28 MTF MAs + 28 Levels + 3 BB = 59 < 64
ver 2.0: 5x6 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64
ver 3.0: 3x10 = 30 MTF MAs + 30 Levels + 3 BB = 63 < 64
ver 4.0: 5(4+1)x8 = 8 CurTF MAs + 32 MTF MAs + 20 Levels + 3 BB = 63 < 64
ver 5.0: 6(5+1)x6 = 6 CurTF MAs + 30 MTF MAs + 24 Levels + 3 BB = 63 < 64
ver 6.0: 4(3+1)x10 = 10 CurTF MAs + 30 MTF MAs + 20 Levels + 3 BB = 63 < 64
Fib numbers: 8, 13, 21, 34, 55, 89, 144, 233, 377
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group, a total of 4 TFs * 7 MAs = 28 MAs. You can assign any type/timeframe combo to a group, for example:
- EMAs 9,12,26,50,100,200,400 x H1, H4, D1, W1 (4 TFs x 7 MAs x 1 type)
- EMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 x M15, H1 (2 TFs x 14 MAs x 1 type)
- D1 EMAs and SMAs 8,13,21,30,34,50,55,89,100,144,200,233,377,400 (1 TF x 14 MAs x 2 types)
- H1 WMAs 13,21,34,55,89,144,233; H4 HMAs 9,12,26,50,100,200,400; D1 EMAs 12,26,89,144,169,233,377; W1 SMAs 9,12,26,50,100,200,400 (4 TFs x 7 MAs x 4 types)
- +1 extra MA type/timeframe for BB
There are several versions: Simple, MTF, Pro MTF, Advanced MTF, MAX MTF and Ultimate MTF. This is the MAX MTF version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing
- Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options
- Advanced MTF: +4 extra MAs/group (4x7 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option
- MAX MTF: +2 subtypes/group, packed to the limit with max possible MAs/TFs: 4x7, 5x6, 3x10, 4(3+1)x10, 5(4+1)x8, 6(5+1)x6
- Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols
MAX MTF version tests the limits of Pinescript trying to squeeze as many MAs/TFs as possible into a single indicator.
It's basically a maxed out Advanced version with subtypes allowing for mixed types within a group (i.e. both emas and smas in a single group/TF)
Pinescript has the following limits:
- max 40 security calls (6 calls are reserved for dupe checks and smoothing, 2 are used for BB, so only 32 calls are available)
- max 64 plot outputs (BB uses 3 outputs, so only 61 plot outputs are available)
- max 50000 (50kb) size of the compiled code
Based on those limits, you can only have the following MAs/TFs combos in a single script:
1. 4x7, 5x6, 3x10 - total number of MTF MAs must always be <= 32, and you can still have BB and Num Levels = total MAs, without any compromises
2. 5(4+1)x8, 6(5+1)x6, 4(3+1)x10 - you can use the Current Symbol/Timeframe as an extra (+1) fixed TF with the same number of MTF MAs
- you don't need to call security to display MAs on the Current Symbol/Timeframe, so the total number of MTF MAs remains the same and is still <= 32
- to fit that many MAs into the max 64 plot outputs limit you need to reduce the number of levels (not every MA Group will have corresponding levels)
Features:
- 4x7 = 28 MAs of any type
- 4x MTF groups with XY step line smoothing
- +1 extra TF/type for BB MAs
- 2 MA subtypes within each group/TF
- 4x7 = 28 MA levels with adjustable group offsets, indents and shift
- supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA)
- custom tickers/symbols for each group
- show max bars back option
- show/hide both groups of MAs/levels/BB and individual MAs
- timeframe filter: show only MAs/Levels with TFs <>= Current TF
- hide MAs/Levels with duplicate TFs
- support for custom TFs that are not available in free accounts: 2D, 3D etc
- support for timeframes in H: H, 2H, 4H etc
Notes:
- Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running
- Possible reasons for missing MAs on a chart:
- there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart.
- for charts with low/fractional prices i.e. 0.00002 << 0.001 (default Y smoothing step) decrease Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0)
- for charts with high price values i.e. 20000 >> 0.001 increase Y smoothing as needed (set Y = 10-20). Higher values exceeding MAs point density will cause it to disappear as there will be no points to plot. Different TFs may require diff adjustments
- TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts
- attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug.
- Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default)
- Slow load/redraw times. This indicator becomes slower, its UI less responsive when:
- Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness.
- the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode).
- Reload the page/Load a fresh chart and then apply the indicator or
- Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow)
- in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level
- initial load and redraw times after a param change in UI also depend on TF. For example: D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec. M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars).
- when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow.
- show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot
- Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times
- In max zoom mode all dynamic levels disappear (they behave like text)
- Dupe check includes symbol: symbol, tf, both subtypes - all must match for a duplicate group
- For the dupe check to work correctly a custom symbol must always include an exchange prefix. BB is not checked for dupes
Good Luck! Feel free to learn from/reuse the code to build your own indicators.
Multi SMA EMA WMA HMA BB (4x5 MAs Bollinger Bands) Adv MTF - RRBMulti SMA EMA WMA HMA 4x5 Moving Averages with Bollinger Bands Advanced MTF by RagingRocketBull 2019
Version 1.0
This indicator shows multiple MAs of any type SMA EMA WMA HMA etc with BB and MTF support, can show MAs as dynamically moving levels.
There are 4 MA groups + 1 BB group, a total of 4 TFs * 5 MAs = 20 MAs. You can assign any type/timeframe combo to a group, for example:
- EMAs 12,26,50,100,200 x H1, H4, D1, W1 (4 TFs x 5 MAs x 1 type)
- EMAs 8,10,13,21,30,50,55,100,200,400 x M15, H1 (2 TFs x 10 MAs x 1 type)
- D1 EMAs and SMAs 8,10,12,26,30,50,55,100,200,400 (1 TF x 10 MAs x 2 types)
- H1 WMAs 7,77,89,167,231; H4 HMAs 12,26,50,100,200; D1 EMAs 89,144,169,233,377; W1 SMAs 12,26,50,100,200 (4 TFs x 5 MAs x 4 types)
- +1 extra MA type/timeframe for BB
There are several versions: Simple, MTF, Pro MTF, Advanced MTF and Ultimate MTF. This is the Advanced MTF version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +2 custom Timeframes for each group (2x5 MTF) +1 TF for BB, TF XY smoothing
- Pro MTF: 4 custom Timeframes for each group (4x3 MTF), 1 TF for BB, MA levels and show max bars back options
- Advanced MTF: +2 extra MAs/group (4x5 MTF), custom Ticker/Symbols, Timeframe <>= filter, Remove Duplicates Option
- Ultimate MTF: +individual settings for each MA, custom Ticker/Symbols
Features:
- 4x5 = 20 MAs of any type
- 4x MTF groups with XY step line smoothing
- +1 extra TF/type for BB MAs
- 4x5 = 20 MA levels with adjustable group offsets, indents and shift
- supports any existing type of MA: SMA, EMA, WMA, Hull Moving Average (HMA)
- custom tickers/symbols for each group - you can compare MAs of the same symbol across exchanges
- show max bars back option
- show/hide both groups of MAs/levels/BB and individual MAs
- timeframe filter: show only MAs/Levels with TFs <>= Current TF
- hide MAs/Levels with duplicate TFs
- support for custom TFs that are not available in free accounts: 2D, 3D etc
- support for timeframes in H: H, 2H, 4H etc
Notes:
- Uses timeframe textbox instead of input resolution dropdown to allow for 240 120 and other custom TFs
- Uses symbol textbox instead of input symbol to avoid establishing multiple dummy security connections to the current ticker - otherwise empty symbols will prevent script from running
- Possible reasons for missing MAs on a chart:
- there may not be enough bars in history to start plotting it. For example, W1 EMA200 needs at least 200 bars on a weekly chart.
- price << default Y smoothing step 5. For charts with low/fractional prices (i.e. 0.00002 << 5) adjust X Y smoothing as needed (set Y = 0.0000001) or disable it completely (set X,Y to 0,0)
- TradingView Replay Mode UI and Pinescript security calls are limited to TFs >= D (D,2D,W,MN...) for free accounts
- attempting to plot any TF < D1 in Replay Mode will only result in straight lines, but all TFs will work properly in history and real-time modes. This is not a bug.
- Max Bars Back (num_bars) is limited to 5000 for free accounts (10000 for paid), will show error when exceeded. To plot on all available history set to 0 (default)
- Slow load/redraw times. This indicator becomes slower, its UI less responsive when:
- Pinescript Node.js graphics library is too slow and inefficient at plotting bars/objects in a browser window. Code optimization doesn't help much - the graphics engine is the main reason for general slowness.
- the chart has a long history (10000+ bars) in a browser's cache (you have scrolled back a couple of screens in a max zoom mode).
- Reload the page/Load a fresh chart and then apply the indicator or
- Switch to another Timeframe (old TF history will still remain in cache and that TF will be slow)
- in max possible zoom mode around 4500 bars can fit on 1 screen - this also slows down responsiveness. Reset Zoom level
- initial load and redraw times after a param change in UI also depend on TF. For example:
D1/W1 - 2 sec, H1/H4 - 5-6 sec, M30 - 10 sec, M15/M5 - 4 sec, M1 - 5 sec.
M30 usually has the longest history (up to 16000 bars) and W1 - the shortest (1000 bars).
- when indicator uses more MAs (plots) and timeframes it will redraw slower. Seems that up to 5 Timeframes is acceptable, but 6+ Timeframes can become very slow.
- show_last=last_bars plot limit doesn't affect load/redraw times, so it was removed from MA plot
- Max Bars Back (num_bars) default/custom set UI value doesn't seem to affect load/redraw times
- In max zoom mode all dynamic levels disappear (they behave like text)
1. based on 3EmaBB, uses plot*, barssince and security functions
2. you can't set certain constants from input due to Pinescript limitations - change the code as needed, recompile and use as a private version
3. Levels = trackprice implementation
4. Show Max Bars Back = show_last implementation
5. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
6. Smoothing is applied by default for visual aesthetics on MTF. To use exact ma mtf values (lines with stair stepping) - disable it
Good Luck! You can explore, modify/reuse the code to build your own indicators.
ADX +- DiThis Adx +-Di is just a complete version of what the ADX is supposed to signal.
So you have:
15 (contraction), 20 (threshold), 30 (expansion), 40 (resistance) levels.
Below 20 the price is not trending
Above 30 the price is trending
Below 15 price has been in contraction for too long
Between 20 and 30 price is in a "transition zone".
I finally added a "Resistance" level (40), which has to be adapted to best represent the historical levels where price usually encounters resistance, and where the price can be declared "overtrending", which means a return to lower levels is likely to happen.
I've chosen mild colors, and set the Adx Color to White, because I use black background, you can easily change that.
Enjoy
-Maurice
Average Directional Index with DI SpreadThis indicator converts conventional triple lined ADX, DI+ and DI- into two lines. First line is the
original ADX line and second line is obtained by subtracting DI- from DI+ which named DI Spread(DIS)
If ADX is greater than 20 there is a trend and if greater than 40 there is a strong trend but ADX does not tell
the trend direction
To determine trend direction, DIS can be used with ADX; Sımply; If DIS is greater than 0, it is an uptrend and If DIS
is less than 0, it is a downtrend.
To sum up;
If ADX is greater than 20 and especially greater than 40 with positive DIS value, this implies an uptrend.
If ADX is greater than 20 and especially greater than 40 with negative DIS value, this implies a downtrend.
*Because of coloration and reference levels used, this indicator is really simple and efficient to analyze trend direction.
MFI Multi-TimeframeThe Money Flow Index (MFI) is an oscillating momentum and market strength indicator that was developed by Gene Quong and Avrum Soudack. It is also a leading indicator, which means it tends to lead price action, and is similar in calculation as J. Welles Wilder's Relative Strength Index (RSI) with the significant difference being that the MFI uses both price and volume. Like the RSI, the MFI is a range-bound oscillator that oscillates between zero and 100 and is interpreted in a similar way as the RSI. The ultimate aim of the MFI is to determine whether money is flowing in or out of a security over a specified look-back period.
HOW IS IT USED ?
The MFI oscillates between 0 and 100 and a security is considered overbought when its MFI rises above 80 and oversold when its MFI falls below 20. These levels are the suggested overbought and oversold levels as suggested by Quong and Soudack, though they do not suggest these levels as entry signals. Instead, these caution levels warn that the price action and the current trend have reached extremes that may be unsustainable. Quong and Soudack also recommend using the 90 and 10 lines as truly overbought and truly oversold levels respectively. MFI movements above 90 and below 10 are rare and indicate a higher level of unsustainability.
Finally, failure swings from the 20 or 80 levels can also be used to identify potential price reversals and trade entries. A failure swing occurs when the MFI moves over the overbought or oversold level but reverses back before reaching the opposite level. Thus, when the MFI crosses up over the 20 (oversold) level but reverses before it reaches the 80 (overbought) level, it indicates that the uptrend is weak and that it may reverse soon. This signals that you should cover any long positions or go short. Similarly, when the MFI crosses down over the 80 (overbought) level but reverses before it reaches the 20 (oversold) level, it indicates a weakness in the down trend and the probability that the trend will reverse. This would be a signal to close of any short positions; or a signal to long buy.
I added the possibility to add on the chart a 2nd timeframe for confirmation.
If you found this script useful, a tip is always welcome... :)
Exponential Moving Average (Set of 3) [Krypt] + 13/34 EMAsI took Krypt's script and essentially added on to it.
the 20/50/100/200 EMAs should be used together as support and resistance as normal.
Wait for price to break 200 EMA
Wait for 50 EMA to cross 200 EMA
Wait for pullback to 50 EMA to open position
20 and 100 EMAs are for extra information about moving support and resistance
and 13/34 EMAs should be used in conjunction
When 13 EMA crosses 34 EMA, open position
When price gets far from 13/34, close position (because price will attempt to revert back to mean)
This is better for scalping and swing trades than the 20/50/100/200 setup.
Twitter: @AzorAhai06
Gap Gain Test V1.0 by @overratedtraderOddball indicators for entertainment purposes only. This is best used on daily chart.
Look at the 20 ALMA to gauge likelihood of stock following its up or down gap.
- if above the 20 ALMA , follow the gap direction
- if below the 20 ALMA , take counter trend trade
If stock gaps up AND closes higher than it opens, that gain % (close/open) is colored green and if stock gaps down and closes lower than it opens, that gain % (close/open) is colored green
Conversely if the stock gaps up BUT closes lower than it opens, red and if a stop gaps down but closes higher than it opens, red.
Enjoy and follow me on twitter @overratedtrader for more nonsensical and out-of-the-box ideas.
Adaptive Donchian ChannelThis indicator adds a level of adaptivity to the simple Donchian Channel by adjusting the sensitivity (lookback periods) of the channel's upper and lower bounds based on the amount of time that has elapsed since the price has hit/expanded the channel boundaries. Comparing the results of this indicator to the standard Donchian Channel, the readier level of responsiveness may prove self-evident.
METHODOLOGY:
Specifically, the more recently the channel was expanded in one direction, the longer the lookback period grows in that direction. Conversely, if the channel has not been expanded in a given direction, the lookback period will contract so as to allow for a tighter channel.
For example, let the initial lookback period be 20 bars and let the factor argument be 0.1 (or 2 bars to start, as 20*0.1 = 2). Now say the current bar sets a new 20-period high. Then the lookback period for the upper bound is expanded by 2 bars to 22, and the lookback period for the lower bound is contracted by 2 bars to 18, thereby making it simultaneously harder to set new highs and easier to set new lows (and vice versa for hitting new lows). If neither a new high nor a new low is formed, both periods contract by the given factor.
TonyUX EMA Scalper - Buy / SellThis is a simple scalping strategy that works for all time frames... I have only tested it on FOREX
It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA.
If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL.
If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL.
The red line is the highest close of the previous 8 bars --- This is resistance
The green line is the lowest close of the previous 8 bars -- This is support
EMA_ConvergenceFirst I have to give kudos to my son who I asked to take a shot at creating this little indicator. Nice work son!
While trading, one of the things I look for is when price or certain EMA's approach another EMA. The example that I use on this 1 minute SPY chart is an 8 EMA and 20 EMA. I am looking for when the 8 and 20 are within' 3 cents of each other. Many times when they are getting close, price is approaching a top or bottom. I am looking for a candlestick reversal around that area. You may want to know when PRICE is near the 50 EMA: Use EMA 1 and 50 for that. Having it light up on top of the page, or elsewhere, makes it easier to look for the convergence when it occurs. If it lights up for a long period, price may be going sideways. I don't enter into a trade until the EMA starts separating, usually with another candlestick formation.
You are able to change the distance for convergence and two EMA's. Unfortunately you will have to adjust the convergence number up as you increase in time frames. This is designed to see when they are close, not when they cross.
The bars on top of this example are lit up purple due to the 8 and 20 EMA are within' 3 cents of each other.
If you want to overlay the price bars, instead of having it separate, just change overlay to "true"
Enjoy.
Momentum Reversal StrategyBEST USE IN 15MIN TIME FRAME EURUSD / XAUSUD
1. Strategy Overview
This strategy hunts short-term momentum reversals at key levels during high-liquidity sessions.
Timeframes: 5-minute for entries; 15-minute for trend context
Sessions: London for EUR/USD & GBP/USD; New York for XAU/USD
Pairs: EUR/USD, GBP/USD, XAU/USD
Indicators (3 max):
EMA(20) and EMA(50) (close)
MACD (12, 26, 9) histogram
Optional: RSI(14) (for divergence filter)
2. Entry Rules
Trend Filter (15 min):
Long only if EMA20 > EMA50; short only if EMA20 < EMA50.
Price-Action Zone (5 min):
Identify recent swing high/low within past 20 bars.
Draw horizontal support (for longs) or resistance (for shorts).
Indicator Alignment (5 min):
MACD histogram crossing from negative to positive for longs, positive to negative for shorts.
Candle close beyond EMA20 in direction of trade.
Candle Confirmation:
Bullish engulfing or hammer at support for longs; bearish engulfing or shooting star at resistance for shorts.
Entry Execution:
Place market order on candle close that meets all above.
3. Exit Rules
Stop-Loss (SL):
Long: 1.5× ATR(14) below entry candle low.
Short: 1.5× ATR(14) above entry candle high.
Take-Profit (TP):
Set at 2× SL distance (RR 1:2).
Trailing SL:
After price moves 1× SL in profit, trail SL to breakeven.
Partial Booking:
Close 50% at 1× SL (50% of TP), move SL to entry.
Close remaining at full TP.
4. Trade Management
False Signal Filter: Skip trades when RSI(14) > 70 for longs or < 30 for shorts (avoids overbought/oversold extremes).
One Trade at a Time: No multiple positions on same pair.
Session Cutoff: Close any open trade 15 minutes before session end.
5. Risk Parameters
Risk per Trade: 1% of account equity.
Reward Target: ≥2% (1:2 RR) per trade.
Win-Rate Expectancy: ≥75% based on indicator confluence and price-action confirmation.
📊 استراتيجية 5 مؤشرات + تنبيهات//@version=5
indicator("📊 استراتيجية 5 مؤشرات + تنبيهات", overlay=true)
// === المؤشرات الأساسية ===
ema20 = ta.ema(close, 20)
ema50 = ta.ema(close, 50)
sma200 = ta.sma(close, 200)
rsi = ta.rsi(close, 14)
volumeNow = volume
volumeAvg = ta.sma(volume, 20)
// === حساب نقاط القوة ===
bullScore = 0
bullScore += close > sma200 ? 1 : 0
bullScore += ema20 > ema50 ? 1 : 0
bullScore += rsi > 55 ? 1 : 0
bullScore += volumeNow > volumeAvg ? 1 : 0
bearScore = 0
bearScore += close < sma200 ? 1 : 0
bearScore += ema20 < ema50 ? 1 : 0
bearScore += rsi < 45 ? 1 : 0
bearScore += volumeNow > volumeAvg ? 1 : 0
// === نسبة السيطرة ===
bullPercent = (bullScore / 4) * 100
bearPercent = (bearScore / 4) * 100
// === إشارات مؤكدة للدخول ===
buySignal = bullPercent >= 100
sellSignal = bearPercent >= 100
// === رسم الإشارات فقط عند تحقق 100% ===
plotshape(buySignal, title="BUY Signal", location=location.belowbar, style=shape.labelup, text="BUY", color=color.green)
plotshape(sellSignal, title="SELL Signal", location=location.abovebar, style=shape.labeldown, text="SELL", color=color.red)
// === عرض النسبة في لابل (اختياري) ===
label.new(bar_index, high, text="🐂 Bulls: " + str.tostring(bullPercent, "#.##") + "%", style=label.style_label_up, size=size.tiny, color=color.green, textcolor=color.white)
label.new(bar_index, low, text="🐻 Bears: " + str.tostring(bearPercent, "#.##") + "%", style=label.style_label_down, size=size.tiny, color=color.red, textcolor=color.white)
// === التنبيهات ===
alertcondition(buySignal, title="✅ تنبيه شراء", message="🚀 تم دخول الثيران بقوة! فرصة شراء مؤكدة.")
alertcondition(sellSignal, title="⚠️ تنبيه بيع", message="🔥 تم دخول الدببة بقوة! فرصة بيع مؤكدة.")
WT + Stoch RSI Reversal Combo📊MR.Z RSI : WT + Stochastic RSI Reversal Combo
This custom indicator combines WaveTrend oscillator and Stochastic RSI to detect high-confidence market reversal points, filtering signals so they only appear when both indicators align.
🔍 Core Components:
✅ WaveTrend Oscillator
Based on smoothed deviation from EMA (similar to TCI logic)
Plots:
WT1 (main line)
WT2 (signal line = SMA of WT1)
Uses overbought/oversold thresholds (default: ±53) to filter signals
✅ Stochastic RSI
Momentum oscillator based on RSI's stochastic value
Plots:
%K: smoothed Stoch of RSI
%D: smoothed version of %K
Adjustable oversold/overbought thresholds (default: 20/80)
🔁 Combined Reversal Signal Logic:
🔼 Buy Signal
WT1 crosses above WT2 below WT oversold level (e.g., -53)
%K crosses above %D below Stoch RSI oversold level (e.g., 20)
🔽 Sell Signal
WT1 crosses below WT2 above WT overbought level (e.g., 53)
%K crosses below %D above Stoch RSI overbought level (e.g., 80)
🔔 Signals are only plotted and alerted if both conditions are true.
📌 Features:
Toggle on/off:
WaveTrend lines and histogram
Stochastic RSI
Combined Buy/Sell signals
Horizontal reference lines (±100, OB/OS)
Fully customizable smoothing lengths and thresholds
Signal plots:
✅ Green up-triangle = Combo Buy
✅ Red down-triangle = Combo Sell
Optional: Circle/cross markers for WT-only and Stoch-only signals
🔔 Built-in alerts for Buy/Sell signals
📈 Use Cases:
Reversal Trading: Wait for both indicators to confirm momentum shift
Entry Filter: Use in combination with trend indicators (like EMA)
Scalping or Swing: Works on intraday and higher timeframes
Smart Trend Predictor (EMA + Vol + Volatility)//@version=5
indicator("Smart Trend Predictor (EMA + Vol + Volatility)", overlay=true)
// === Inputs ===
emaFastLength = input.int(20, title="Fast EMA")
emaSlowLength = input.int(50, title="Slow EMA")
volatilityLength = input.int(14, title="Volatility Period")
volumeLength = input.int(20, title="Volume MA Length")
// === Indicators ===
emaFast = ta.ema(close, emaFastLength)
emaSlow = ta.ema(close, emaSlowLength)
volatility = ta.stdev(close - close , volatilityLength)
volumeMA = ta.sma(volume, volumeLength)
// === Signal Conditions ===
buySignal = ta.crossover(emaFast, emaSlow) and volatility > ta.sma(volatility, 14) and volume > volumeMA
sellSignal = ta.crossunder(emaFast, emaSlow) and volatility > ta.sma(volatility, 14) and volume > volumeMA
// === Plot EMAs ===
plot(emaFast, title="Fast EMA", color=color.lime)
plot(emaSlow, title="Slow EMA", color=color.orange)
// === Plot Signals ===
plotshape(buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.arrowup, size=size.small)
plotshape(sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.arrowdown, size=size.small)
Advanced DMA Pattern Detection SystemAdvanced DMA Pattern Detection System with Smart Intelligence
Professional-grade moving average indicator that combines traditional DMA analysis with advanced pattern recognition and probabilistic forecasting.
Core Features:
6 Key DMAs (5, 10, 20, 50, 100, 200) with descriptive labels showing trading purpose
Advanced Pattern Recognition - Detects Institutional Accumulation, Distribution Phases, Bull/Bear Transitions, and Choppy Markets
Probability Engine - Assigns confidence scores (0-100%) with Low/Medium/High classifications
Historical Validation - Tracks success rate of last 20 pattern signals for real performance data
Smart Alert System - Only triggers on significant pattern changes (20%+ probability shifts)
Dual Display System:
Movable Information Table - Shows current pattern, probability, confidence level, success rate, and recommended action
Chart Alerts & Background Colors - Visual confirmation of high-confidence setups (80%+ patterns)
Traditional DMA Labels - Clear identification of each average's trading significance
Complete Customization:
Master on/off controls for entire system
Individual toggles for all components (DMAs, table, alerts, colors)
Adjustable alert sensitivity (Conservative/Medium/Aggressive)
6 table positions to fit any chart layout
Perfect For: Swing traders, position traders, and anyone wanting systematic trend analysis with quantified probability scores rather than subjective interpretation.
Bottom Line: Transforms basic moving averages into an intelligent trading system that tells you exactly what the market structure means and what to do about it.
MA Table [RanaAlgo]The "MA Table " indicator is a comprehensive and visually appealing tool for tracking moving average signals in TradingView. Here's a short summary of its usefulness:
Key Features:
Dual MA Support:
Tracks both EMA (Exponential Moving Average) and SMA (Simple Moving Average) signals (10, 20, 30, 50, 100 periods).
Users can toggle visibility for EMA/SMA separately.
Clear Signal Visualization:
Displays Buy (▲) or Sell (▼) signals based on price position relative to each MA.
Color-coded (green for buy, red for sell) for quick interpretation.
Customizable Table Design:
Adjustable position (9 placement options), colors, text size, and border styling.
Alternating row colors improve readability.
Optional MA Plots:
Can display the actual MA lines on the chart for visual confirmation (with distinct colors/styles).
Usefulness:
Quick Overview: The table consolidates multiple MA signals in one place, saving time compared to checking each MA individually.
Trend Confirmation: Helps confirm trend strength when multiple MAs align (e.g., price above all MAs → strong uptrend).
Flexible: Suitable for both short-term (10-20 period) and long-term (50-100 period) traders.
Aesthetic: Professional design enhances chart clarity without clutter.
Ideal For:
Traders who rely on moving average crossovers or price-MA relationships.
Multi-timeframe analysis when combined with other tools.
Beginners learning MA strategies (clear visual feedback).
🔔 NIFTY 100+ Points Early Move Signal (1H)//@version=5
indicator("🔔 NIFTY 100+ Points Early Move Signal (1H)", overlay=true)
// === Inputs === //
squeezePeriod = input.int(20, title="Price Squeeze Lookback")
rangeTrigger = input.float(100.0, title="Target Move (in Points)")
rsiLength = input.int(14, title="RSI Length")
macdFast = input.int(12)
macdSlow = input.int(26)
macdSignal = input.int(9)
volMultiplier = input.float(1.5, title="Volume Spike Multiplier")
// === RSI & MACD === //
rsi = ta.rsi(close, rsiLength)
= ta.macd(close, macdFast, macdSlow, macdSignal)
macdBullish = macdLine > signalLine
macdBearish = macdLine < signalLine
// === Price Compression === //
hh = ta.highest(high, squeezePeriod)
ll = ta.lowest(low, squeezePeriod)
compressionRange = hh - ll
tightCompression = compressionRange < (rangeTrigger * 0.6) // Pre-expansion
// === Volume Spike === //
avgVol = ta.sma(volume, 20)
volSpike = volume > avgVol * volMultiplier
// === Early Signal Logic === //
bullSetup = tightCompression and rsi > 50 and macdBullish and volSpike
bearSetup = tightCompression and rsi < 50 and macdBearish and volSpike
// === Plotting Signals === //
plotshape(bullSetup, title="Bullish Setup", location=location.belowbar, color=color.green, style=shape.labelup, text="100↑")
plotshape(bearSetup, title="Bearish Setup", location=location.abovebar, color=color.red, style=shape.labeldown, text="100↓")
bgcolor(bullSetup ? color.new(color.green, 85) : na)
bgcolor(bearSetup ? color.new(color.red, 85) : na)
// === Alerts === //
alertcondition(bullSetup, title="Bullish 100pt Setup", message="🚀 NIFTY: 100+ point UP move likely!")
alertcondition(bearSetup, title="Bearish 100pt Setup", message="🔻 NIFTY: 100+ point DOWN move likely!")
