Trend Following with Donchian Channels and MACDThis is a trend following system based on the Donchian Channels. Instead of using a simple moving average crossover, this system uses the MACD as the trendfilter:
Long positions:
* Price makes a new 50 day high,
* The MACD-line crosses above or is above the Signal-line.
* Both the MACD and the Signal-lines are above the zero-line.
Short positions:
* Price makes a new 50 day low,
* The MACD-line crosses below or is below the Signal-line.
* Both the MACD and the Signal-lines are below the zero-line.
Stoploss:
The initial and the trailing stoploss are 4 ATRs away from the price.
Komut dosyalarını "ATR" için ara
Impulse levelsThe indicator detects impulses based on an increase in ATR and volume, and also plots levels based on these impulses.
DMI (Multi timeframe) DI Strategy [KL]Directional Movement Index Strategy
Entry conditions:
- (a) when DI+ > DI- on timeframe #1, and
- (b) Confirmation: when DI+ > DI- on timeframe #2
In the shown example, timeframe1 was same as the chart (1H) and timeframe2 was 1D.
Stop Loss: ATR based trailing stop
About DMI
Can refer to Investopedia for general understanding.
Applications of DMI in this strategy:
- Assumes uptrend when DI+ is above DI- (when green DI+ lines above red DI-), vice versa for downtrend. This is checked in two different timeframes that can be set by user in settings.
- DX is ignored, it doesn't give a direction of the trend. But if DX was applied, it would be a good indicator for quantifying the strength of uptrend/downtrend. This measurement would typically be read along a threshold (i.e. if below 20, then market is likely consolidating). All of these have been commented out (ignored by pinescript's interpreter via //) in the codes, as said; we are not using DX for sake of simplicity.
Visualizations
To make the chart look cleaner, DMI plots have been simplified to just down/up arrows placed at bottom of the chart.
Referring to the example chart:
- Green arrows : when DI+ > DI- for both timeframes, implies uptrend
- Red arrows: other way around (DI+ < DI-), implies downtrend
DC Breakout Strategy | This is simplicity at its finest.As the title already describes: this is a Donchian breakout strategy. This strategy, as of now, only goes long. It goes long when the price close makes a new high and the 8 day moving average is above the 32 day moving average. The strategy exits the trade if the price breaks the atr trailing stop of * 3 or the 8 day moving average crosses below the 32 day moving average.
This is simplicity at its finest.
SuperTrend+ CleanedSimilar to SuperTrend+ which allows for confirmation bars.
Differences:
Limited to SMA calculation of average true range.
Can filter outlier volatility.
Can apply a standard deviation to the ATR value.
RSI c/w MA, ADX and ATR data I have added 3 items to the RSI indicator which helps me to get more information at the same time.
1) ADX value - when ADX is above 25 we have a strong trend
2) ATR Value - helps me to calculate my daily targets and stop-loss levels at a glance.
3) A simple moving average - This shows me the trend of RSI. If the price breaks a trend line and at the same time RSI crosses above the MA, it shows me a breakout has happened. In longer timeframes, it can show you in advance if you should expect a reversal in the trend.
You can turn on or off the MA as well as the ADX line.
Kifier's MFI/STOCH Hidden Divergence/Trend BeaterMFI/STOCH Hidden Divergence/Trend Beater
General Idea:
My premise around this strategy was to make a general strategy for crypto that would help out with finding entry positions for when you’re bullish on a crypto and want to hold on for a while, and at the same time avoiding massive drops. Essentially a way to mix long term/ swing trading; I somewhat achieved my goal however it still requires a lot of logic tuning of the trend averages.
I’m a huge proponent of volume indicators and coupled with average closing price, I think this gives a really good idea of what is happening with the market. It gives an idea on the market and retail investor sentiment. This generally gives you logical entry positions (Although I don’t know how amazing that will work with all cryptos, there’s a fine line between a good strategy and one that just rides bubble market conditions, some would argue that’s still a success and others not)
How it works:
There are many components to the strategy that try to do different things:
First of all there are two types of entries, a MFI hidden divergence with a STOCH check, essentially it will only fire when a divergence is detected while STOCH is above 50%, however this might be changed in the future as due to the volatile nature of cryptos, the STOCH is not too effective. The second entry is a simple MFI/STOCH trend, if STOCH is above 50% and the trend is detected to be in a trending long, once a MFI crossover over the 50% line is detected an entry is placed, this is designed to get out profit where the divergence would otherwise be less accurate during strongly trending conditions.
-MFI is a great indicator, as a volume weighted momentum indicator I find it the most accurate of all, the STOCH however is a great indicator to get a general picture of simple market conditions and can filter out the emotional noise of retail investors.
-VWMA and an SMA (The bottom oscillator) gives an idea of the trend tacking into account of the volume, this serves as a more short term filter of the trend for filters.
-OBV checks are done between the OBV and an EMA of the OBV, to get the idea of a volume weighted long trend, which is important for crypto as there are massive rallies to go up due to retail greed, it’s great to jump onto it at the beginning, and get off before the stack of cards fall apart.
-ATR is used to detect when the market is relatively just ranging or moving sideways, which is where the hidden divergence entries are done, during predictable and profitable market conditions.
- Stop loss is based on the closest support of the entry, this is a nice medium of room to breath but also an actual stop loss.
Future plans and improvements:
Currently there’s a lot I want to improve, mostly the divergence detection and the overall sharpe ratio could be much better, but the current value of 0.5 gives me hope that the strategy is onto something. I also want to change TP from a percentage stop to something more dynamic but that might be too optimistic. The current plan is to paper trade test this either by manual or by a python bot, to see how it performs with some user input as well.
SuperTrend+Based upon popular SuperTrend (AKA: ATR Trailing Stop) indicator with the following differences and improvements:
Defaults to using Volume-Adjusted WMA ( VAWMA ) for ATR. (Can still be configured to behave exactly like classic SuperTrend.)
Can use SMA, EMA, WMA, VWMA, and VAWMA instead of just SMA.
Confirmation close bars for avoiding false breaks.
Details:
If the confirmation closing bars value is greater than zero (default of two bars), the trend will only reverse if the price closes outside the boundary for that number of bars (does not need to be consecutive) or if the opposite side of the bar exceeds the boundary.
The confirmation bar count will reset if the trend has resumed (opposite boundary is broken).
Confirmation examples:
In a down-trend, but the previous two bars close above the boundary.
In a down-trend, but the low of the previous bar exceeds the boundary.
In a down-trend, but the high of the previous bar exceeds the boundary when confirmation bars are set to zero.
NSDT Trend CandlesThis script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the direction of the trend and exit (or reverse) when the candle color changes.
Table Identifies the Price Extensively Using RSI, MA, and ATR ⬤ INDICATOR KEY
⬤ INTRODUCTION
The indicator has presented as a table to show the perspective result of different indicators to help the user identify the status of the price if it’s extended or not. The table starts with the ATR section, which gives out a better look to compare the current day’s candle wide versus the average candle wide of a certain length of period that selected by the user. The second section of the table, showing RSI values at the most common upper timeframes, and the different percentages between the current price and long-term moving average entered by the user.
⬤ INDICATOR OVERVIEW
⬤ FINAL COMMENTS
▸This’s not a trading signal, but it helps to make a trading decision whether to set targets, stop loss, and enter a new trade.
▸If you found this content useful, please consider supporting presented indicators projects through PayPal which mentioned in the signature box, below.
▸ Trade Safe✌️.
⬤ OTHER GREAT INDICATORS CREATED BY MUQWISHI
📈 Muqwishi Volumetric Candle
📈 Support and Resistance For Day Trader | By MUQWISHI
3 x EMA + Stochastic RSI + ATR8,20,40 EMAs + RSI crossover. Stop Loss at ATR x3. Profit Target at ATRx2
EMA RSI ATR Hidden Div Strat - 1 MinHey there!
Hereby I present you the EMA RSI Lowest Low Hidden Divergence strategy, which I discovered on a youtube channel.
He has tested the strategy hundreds of times manually, herewith I try to automate the whole thing.
Since I use the strategy with a bot, it can only enter long positions for now. But in the future I will add the possibility to trade short positions.
The strategy was tested with BTC/ USDT in 1m chart (8 days). The values must be adjusted depending on the timeframe and coin.
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How does the strategy work?
First of all, we need a bullish hidden divergence.
Once this is detected, the following parameters are checked:
The 50 EMA must cross the 250 EMA .
Then, the candle must close above the 50 EMA .
The K line of the RSI STOCH indicator need to crosses the D line.
If the next candle closes above the 50 EMA , a long position is opened.
The stop loss is determined with the "lowest low/highest high lookback".
The profit factor is multiplied by the value of the lowest low/highest high lookback.
The results of the strategy are without commissions and levers.
If you have any questions or feedback, please let me know in the comments.
In the future I will add other types of stop loss / take profits. (ATR; %; eg.)
I wish you good luck with the strategy!
Log ATR-%RThis indicator uses a combines the "Williams %R" and "ATR_Normalized" indicators to find potential price bottoms, as suggested by simultaneous extreme values on both of the aforementioned indicators. This is represented by near zero values one this indicator. A log transform is used to make the dips easier to spot.
Elder Impulse System with 4x ATR + 2 EMAElder Impulse System with 4x ATR based on Kelter Channels (Source can be close price or low price)+ 2 EMA in gift :)
3 EMA Stochastik RSI ATR SL TP only LONGHey there!
Here i will show you the 3 EMA RSI Stochastic Crossover strategy with an ATR SL and TP.
The strategy works as follows:
For long positions, the EMA's must be in the following order:
The 8 E M A must be above the 14 E M A and the 14 E M A must be above the 50 E M A.
The buy signal is given to us by the Stochastic RSI indicators.
The K line must cross the D line above. The following candle must then close above all E M A's.
The stop loss is determined by three times the value of the ATR.
The take profit is determined by two times the value of the ATR.
In this strategy only long positions are traded.
CRYPTO 3EMA Strategy with Take Profit & Stop Loss based on ATRSimple 3 EMA Strategy with plotted Take Profit and Stop Loss
Entry condition:
- Middle EMA cross above the Slow EMA
- Set take profit and stop loss exit conditions based on ATR Indicator
Exit condition:
- Fast EMA cross below the Middle EMA
HamStar Tweezer Engulfing DetectorStandard candle pattern identifier like many already available, however this one allows to filter with ATR or RVOL to help remove false signals.
Please comment any suggestions, questions or requests.
*Disclaimer*
some of the pattern logic was located throughout the internet and is not mine. I have simply cobbled it together and added the filters.
Kagi Implementation (+ATR)My Own Kagi Indicator Implementation!
I couldn't find anywhere on the internet a simple implementation of the Kagi indicator (apart from a seemingly complicated JavaScript implementation).
So I decided to implement it myself and test it against the built-in Kagi indicator calculated by the built-in security function - They ended up exactly the same! (You can see my orange plot completely covers the security's purple plot)
My calculations are based on this article from a site called "euroland", the article is called "Kagi Chart" (I can't post the link because of TradingView restrictions)
Bonus: The built-in kagi indicator uses only Fixed Amount Reversal Size. One that is interested in an ATR Reversal Size can modify the calculation a bit (see script's comments) to easily create and use it.
Some interesting info about the security function I discovered while doing this script:
After I implemented it I noticed that my calculations are the same except the fact that all my values are delayed by 1 bar (relative to the security's indicator). After some research I discovered that the security function uses future data in it's calculation and therefore it cannot be trusted for testing live-trading strategies, unless it is given the appropriate parameters (see script for example).
Have fun trading and don't lose money!
Teo Trading 26 - Shifted ATR with Source CodeThis Indicator calculates the typical Stop Value using previus close and ATR.
You can change Multiplier in input Parameters.
Many times it is a bad solution to decide the Stop Level. I recommend you to make a Backtest before to decide to use it.
I think that ATR only can be used in a few type of strategies.
This indicator was publishied previosly without Source Code. Now The Source Code is Available.
PG ATR based Stop LossA stoploss system that enables traders to exit with limited loss or even trailing loss.
Use the levels of indicator against the candle that has seen signidicant move for running positions and the candle in which a new position is taken.
Example : For long Nifty Future at 14990 levels, when Indicator is showing 14820 at bottom on a 30 min chart, 14820 can be used as a stop loss,
similarly for short conditions upper values above top of he candle will be followed.
For medium term ongoing positions, use the levels marked against candle that offered a major move, or the candles that has put the underlying in a new price zone or range.
15-30 minutes are suitable period for intraday / short term trades. Two hours or day periods can be used for positional trades.
**Queries are welcme.**
Electrified Aggressive Momentum SignalWhat this can be used for:
If you've already decided you want to trade a symbol, this can identify points of momentum alignment.
If a strong move has recently happened and you're looking for a change in momentum.
How it works:
This is a weighted combination of a Stochastic RSI and two modified SuperTrend (ATR Trailing Stop) indicators:
The Stochastic RSI signal is based upon aligned momentum and is negated at the overbought and oversold points.
The SuperTrend formula uses high and low values for calculation and both fast and slow can be adjusted for sensitivity.
Philosophy:
Signals have to be useful to humans. If a signal occurs to late, you've missed it. The intent of this indicator is to assist in timing a trade at very short time-frames. It assumes your conviction about a trade already exists, but you are trying to get an optimal entry.
Opposing momentum (weak signal) within an uptrend can be a sign that you should wait before entering. The frequency of a signal can indicate the strength of the trend. As the frequency of the aligned signal value decreases so does the reward vs risk.
VWAP-ATR-SSLThis is an experimental idea to transform the original script created by @Fleite28 in a kind of SSL with volatility bands.
@Fleite28 has made all script and he have all credits, I just give him this idea.
I'm using this indicator to confirm:
1-potential bull trend (when you have 2x green lines with support)
2-potential bear trend (2x lines red - resistance)
3-consolidations (inside green support and red resistance).
Try to use this with a Market Profile Volume and some trend lines.
VBand StrategyVBand Strategy is simply used Vwap funcation and atr 14 for find the entry and exit points. This simple Strategy.
