Fibonacci Moving Average PlusFibonacci Moving Average Plus is a sophisticated technical indicator that employs the first 15 numbers of the Fibonacci sequence to create dynamic moving average channels. This indicator aims to capture both immediate and long-term price movements by calculating Exponential Moving Averages (EMAs) based on these Fibonacci values. By using Fibonacci-based moving averages for both high and low price points, the indicator generates a visual channel that reflects the ebb and flow of market trends, acting as potential zones of support and resistance. Additionally, the indicator provides midline, retracement, and extension levels rooted in Fibonacci ratios, which are frequently observed as key levels for reversals or trend continuation.
Ideology Behind Using Fibonacci Sequence-Based Moving Averages
The Fibonacci sequence, known for its mathematical harmony and prevalence in natural patterns, is widely utilized in technical analysis to identify potential turning points in markets. In this indicator, the first 15 Fibonacci numbers (5, 8, 13, 21, etc.) are used as the lookback periods for EMAs to capture different layers of market sentiment. These moving averages represent timeframes that are theoretically in alignment with the natural rhythms of market cycles, where key levels—often coinciding with Fibonacci numbers—can act as magnetic points for price.
The Fibonacci high and low channels aim to encapsulate price action, giving traders a sense of whether the market is trending, consolidating, or experiencing reversal pressure. These levels, grounded in both mathematics and market psychology, help traders spot areas where price might face resistance or find support.
Key Features
Fibonacci Moving Average High and Low: This indicator calculates the high and low EMAs based on Fibonacci sequence numbers (e.g., 5, 8, 13, etc.) for enhanced trend analysis.
Golden Pocket Retracement (GPR) and Extension (GPE) Bands: Displays common Fibonacci retracement and extension levels (0.618, 0.65 for retracement, and 1.618, 1.65 for extension).
Midline: Plots the average of the Fibonacci high and low to act as an additional reference level.
Stop-Loss Levels: Provides suggested stop-loss levels based on Fibonacci levels for both long and short positions.
Basic User Guide
Adjust Input Settings:
Input Timeframe: Set a specific timeframe for the Fibonacci moving average calculation, separate from the chart's primary timeframe.
Show Fibonacci MA High/Low: Toggle the visibility of the high and low Fibonacci moving averages.
Show Mid Line: Display a midline for added trend reference.
Show Golden Pocket Bands: Choose to display retracement or extension bands for potential support or resistance zones.
Show Stop-Loss Levels: Enable to visualize potential stop-loss levels for both long and short trades.
Interpretation:
Fibonacci MA High and Low: Use these lines to gauge the general trend. When the price is above both, it may indicate an uptrend; below both, a downtrend.
Golden Pocket Retracement: This zone (between 0.618 and 0.65) is often a key level for potential reversals or support/resistance.
Golden Pocket Extension: The 1.618 and 1.65 levels can indicate potential profit-taking or trend exhaustion points.
Stop-Loss Levels: The calculated stop-loss levels (long SL below and short SL above) can aid in risk management.
Customization:
You can customize the appearance and visibility of each component through the input settings to fit your specific strategy and visual preferences.
This indicator should be used alongside other technical analysis tools to provide a more comprehensive trading approach.
This Indicator would not exist without the original contributions and blessing from Sofien Kaabar
Komut dosyalarını "GOLD" için ara
P3 Weekly Goldbach levelsP3 Weekly Session Projections
Originality and Uniqueness:
Novel Time-Based Approach:
This indicator uniquely combines the previous weeks range analysis with mathematical Goldbach number sequences
Unlike standard Fibonacci retracements that use swing highs/lows, this script uses a specific weekly session window for consistent anchor points
The weekly reset mechanism ensures levels are always based on the most recent Sunday session, providing fresh, relevant levels
2. Mathematical Innovation:
First-of-its-kind application weekly Goldbach numbers (100, 97, 89, 83, 71, 59, 50, 47, 41, 29, 17, 11, 3, 0) as support/resistance levels
Dual-range projection system: Projects both standard deviations internally and overlays Goldbach levels for precise mathematical alignment
Auto-extending ranges when price breaks beyond 100/0 levels – automatically adds upper and lower GB ranges
3. Advanced Technical Features:
Dynamic label positioning with 4 different modes (Right Edge, Left of Line, Right of Line, Fixed Position)
Color-coded level hierarchy: Red (G:100), Green (G:0), Yellow (G:111/-111) for instant visual recognition
Session-based calculations using real market hours rather than arbitrary chart points
Clean weekly management – automatically removes previous levels and draws fresh ones each Sunday
Practical Usefulness:
1. Professional Trading Application:
Institutional session timing: plots when major institutions begin weekly positioning
Objective level placement: Eliminates subjective swing high/low selection - uses concrete session data
Multi-market applicability: Works on forex, indices, commodities, and crypto that trade during this session
2. Risk Management Benefits:
Predefined support/resistance zones based on mathematical progression rather than subjective analysis
Extension levels provide targets when price moves beyond normal ranges
Weekly refresh ensures levels remain relevant to current market structure
3. Unique Market Insights:
Goldbach number spacing provides mathematically-derived levels that often align with natural market movements
Session-based anchoring captures institutional weekly bias and positioning
Visual clarity with customizable labels and positioning for different trading styles
How It Differs from Existing Scripts:
Not a standard Fibonacci tool - uses specific mathematical sequence with weekly session anchoring
Not a generic pivot indicator - focuses on Sunday institutional session range
Not a simple support/resistance script - combines time-based analysis with mathematical projections
Not a rehash of existing indicators - genuinely novel approach combining session analysis with Goldbach mathematics
Target Audience:
Institutional traders using weekly analysis
Mathematical traders interested in number theory applications
Session-based analysts focusing on specific market opening periods
Risk management specialists needing objective level placement
This script represents genuine innovation in combining specific market session analysis with mathematical number theory, providing traders with a unique tool that doesn't exist elsewhere in the TradingView library.
Precious Metals & GSR (Zeiierman)█ Overview
The Precious Metals & GSR (Zeiierman) is designed to provide traders and investors with a comprehensive view of the Gold-Silver Ratio (GSR) and other precious metal relationships. This tool helps evaluate the relative strength between different metals by analyzing their price ratios over historical periods, using quantile-based analysis and trend interpretation tables to highlight key insights.
The Gold-Silver Ratio (GSR) is a widely utilized metric in precious metals trading, representing the number of silver ounces required to purchase one ounce of gold. Historically, this ratio has fluctuated, providing traders with insights into the relative value of these two metals. By analyzing the GSR, traders can identify potential trading opportunities based on historical patterns and market dynamics.
By integrating customizable percentile bands, gradient coloring for performance visualization, and dynamic ratio analysis, this indicator assists in understanding how one metal is performing relative to another, making it useful for trend tracking, risk management, and portfolio allocation.
█ How It Works
The Precious Metals & GSR Indicator operates by fetching the latest prices of the selected precious metals in the user's chosen currency. It then calculates the ratio between two selected metals (Metal 1 and Metal 2) and analyzes this ratio over a specified period. By computing quantile bands and high/low bands, the indicator provides insights into the historical performance and current standing of the ratio.
⚪ Ratio Calculation
The core of this indicator is the metal ratio, calculated by dividing the price of Metal 1 by Metal 2.
A rising ratio means Metal 1 is outperforming Metal 2.
A falling ratio means Metal 2 is outperforming Metal 1.
The indicator automatically retrieves live market prices of Gold, Silver, Platinum, and Palladium to compute the ratio.
⚪ Quantile Ratio Bands
The indicator calculates the highest (max) and lowest (min) ratio levels over a user-defined period.
It also plots quantile bands at the 10th, 25th, 50th (median), 75th, and 90th percentiles, providing deeper statistical insights into how extreme or average the current ratio is.
The median (Q50) acts as a reference level, showing whether the ratio is above or below its historical midpoint.
⚪ Interpretation Table
The Ratio Interpretation Table provides a text-based summary of the ratio’s strength.
It detects whether Metal 1 is at a historical high, low, or within common ranges.
This helps traders and investors make informed decisions on whether the ratio is overextended, mean-reverting, or trending.
⚪ Precious Metals Table
Displays live market prices for Gold, Silver, Platinum, and Palladium.
Prices are shown in different units (oz, kg, grams, and troy ounces) based on user preferences.
A color-coded system highlights price changes, making it easier to track market movements.
⚪ Physical Holding Calculator
Users can enter their precious metal holdings to estimate their current value.
The system adjusts calculations based on weight, purity (24K, 22K, etc.), and unit of measurement.
The holding value is displayed in the selected currency (USD, EUR, GBP, etc.).
█ How to Use
⚪ Trend Identification
If the ratio is increasing, Metal 1 is gaining strength relative to Metal 2 → Possible Long Position on Metal 1 / Short on Metal 2
If the ratio is decreasing, Metal 2 is gaining strength relative to Metal 1 → Possible Short Position on Metal 1 / Long on Metal 2
⚪ Mean Reversion Strategy
When the ratio reaches the 90th percentile, Metal 1 is historically overextended (expensive) compared to Metal 2.
Traders may look to sell Metal 1 and buy Metal 2, expecting the ratio to decline back toward its historical average.
Example (Gold/Silver Ratio): If the GSR is above the 90th percentile, gold is very expensive relative to silver, suggesting a potential buying opportunity in silver and/or a selling opportunity in gold.
When the ratio reaches the 10th percentile, Metal 1 is historically undervalued (cheap) compared to Metal 2.
Traders may look to buy Metal 1 and sell Metal 2, expecting the ratio to rise back toward its historical average.
Example (Gold/Silver Ratio): If the GSR is below the 10th percentile, gold is very cheap relative to silver, suggesting a potential buying opportunity in gold and/or a selling opportunity in silver.
⚪ Common Strategy Based on GSR Insights
A common approach involves monitoring the ratio for extreme values based on historical data. When the ratio reaches historically high levels, it suggests that gold is expensive relative to silver, potentially indicating a buying opportunity for silver and/or a selling opportunity for gold. Conversely, when the ratio is at historically low levels, silver is expensive relative to gold, suggesting a potential buying opportunity for gold and/or selling opportunity for silver. This mean-reversion strategy relies on the tendency of the GSR to return to its historical average over time.
⚪ Hedging & Portfolio Diversification
If Gold is strongly outperforming Silver, investors may shift allocations to balance risk.
If Silver is rapidly gaining on Gold, it may indicate increased industrial demand or speculative interest.
⚪ Inflation & Economic Cycles
A rising Gold-Silver ratio often correlates with economic downturns and increased risk aversion.
A falling Gold-Silver ratio may signal stronger economic growth and higher inflation expectations.
█ Settings
Precious Metals Table
Select which metals to display (Gold, Silver, Platinum, Palladium)
Choose measurement units (oz, kg, grams, troy ounces)
Ratio Analysis
Select Metal 1 & Metal 2 for ratio calculation
Set historical length for quantile calculations
Interpretation Table
Enable automated insights based on ratio levels
Physical Holdings Calculator
Enter metal weight, purity, and unit
Select calculation currency
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
AMD-PO3-Goldbach levels [promuckaj]This script is developed on time & price, algorithmic market theory that is well explained in the book "Demystifying ICT" by Hopiplaka.
Indicators main features:
*PO3 - Goldbach(IPDA) levels which is based on the size of a price range (dealing range) as a factor of power of three (3^n).
There is PO3 numbers starting from 3 to 177147 as predefined, but also there is field for custom one so that users can experiment.
By selecting the PO3 number script calculate range low and range high using PO3 formula based on the current price and represent it on the chart into multiple levels of Goldbach numbers. At each this levels it is expected to see price that form block, fair value gap etc..., as defined in concept by ICT.
Levels:
Ext => External range
Low => Range low
High => Range high
FVG => Fair value gap
RB => Rejection block
OB => Order block
LV => Liquidity void
BR => Breaker
MB => Mitigation block
*AMD (Accumulation, Manipulation, Distribution) cycles, that can be modified by changing timings and colors.
Using PO3-Goldbach levels to identify where at the current time profile price is, there can be done trades in line with AMD cycles.
Default timings are set for Forex pairs.
*FVG, HIPPO, Displacement is well known parts of a market structure, so those three are also implemented here with some possible changes for them (colors, extension, labels...).
FVG => Fair value gap, imbalances in the market, or when buying and selling are not equal, in most cases can become a magnet for the price.
HIPPO => Hidden interbank price point objective, invention by Hopiplaka to demonstrate meaning of this "hidden" order block. It basically take the wicks of 2 consecutive bars that create a fair value gap.
DISPLACEMENT => It is practically similar to FVG but with option to measure length and strength, where in combination it will calculate and mark candle by looking back to the bars to determine the candle range standard deviation.
FEATURES:
-Multiple PO3 numbers, including special option to set your custom one
-Color and style customization
-Main levels mode, only Low, High and Equilibrium levels
-PO3 table with all PO3 calcs from multiple numbers, and mark the same levels from multiple
-Option to shift DR up or down
-Option to show you always upper/lower main DR levels (Low/High/Eq.)
NOTE:
-First of all special thanks to fxdmn that gives me idea from his indicator, how to present this through my own script.
-GB levels requires the correct symbols price calculation to work properly, everything is done by auto calc, tested well on EURUSD,SP500,DXY,Gold and BTC.
CE - 42MACRO Fixed Income and Macro This is Part 2 of 2 from the 42MACRO Recreation Series
However, there will be a bonus Indicator coming soon!
The CE - 42MACRO Fixed Income and Macro Table is a next level Macroeconomic and market analysis indicator.
It aims to provide a probabilistic insight into the market realized GRID Macro regimes,
track a multiplex of important Assets, Indices, Bonds and ETF's to derive extra market insights by showing the most important aggregates and their performance over multiple timeframes... and what that might mean for the whole market direction.
For traders and especially investors, the unique functionalities will be of high value.
Quick guide on how to use it:
docs.google.com
WARNING
By the nature of the macro regimes, the outcomes are more accurate over longer Chart Timeframes (Week to Months).
However, it is also a valuable tool to form an advanced,
market realized, short to medium term bias.
NOTE
This Indicator is intended to be used alongside the 1nd part "CE - 42MACRO Equity Factor"
for a more wholistic approach and higher accuracy.
Methodology:
The Equity Factor Table tracks specifically chosen Assets to identify their performance and add the combined performances together to visualize 42MACRO's GRID Equity Model.
For this it uses the below Assets:
Convertibles ( AMEX:CWB )
Leveraged Loans ( AMEX:BKLN )
High Yield Credit ( AMEX:HYG )
Preferreds ( NASDAQ:PFF )
Emerging Market US$ Bonds ( NASDAQ:EMB )
Long Bond ( NASDAQ:TLT )
5-10yr Treasurys ( NASDAQ:IEF )
5-10yr TIPS ( AMEX:TIP )
0-5yr TIPS ( AMEX:STIP )
EM Local Currency Bonds ( AMEX:EMLC )
BDCs ( AMEX:BIZD )
Barclays Agg ( AMEX:AGG )
Investment Grade Credit ( AMEX:LQD )
MBS ( NASDAQ:MBB )
1-3yr Treasurys ( NASDAQ:SHY )
Bitcoin ( AMEX:BITO )
Industrial Metals ( AMEX:DBB )
Commodities ( AMEX:DBC )
Gold ( AMEX:GLD )
Equity Volatility ( AMEX:VIXM )
Interest Rate Volatility ( AMEX:PFIX )
Energy ( AMEX:USO )
Precious Metals ( AMEX:DBP )
Agriculture ( AMEX:DBA )
US Dollar ( AMEX:UUP )
Inverse US Dollar ( AMEX:UDN )
Functionalities:
Fixed Income and Macro Table
Shows relative market Asset performance
Comes with different Calculation options like RoC,
Sharpe ratio, Sortino ratio, Omega ratio and Normalization
Allows for advanced market (health) performance
Provides the calculated, realized GRID market regimes
Informs about "Risk ON" and "Risk OFF" market states
Visuals - for your best experience only use one (+ BarColoring) at a time:
You can visualize all important metrics:
- GRID regimes of the currently chosen calculation type
- Risk On/Risk Off with background colouring and additional +1/-1 values
- a smoother GRID model
- a smoother Risk On/ Risk Off metric
- Barcoloring for enabled metric of the above
If you have more suggestions, please write me
Fixed Income and Macro:
The visualisation of the relative performance of the different assets provides valuable information about the current market environment and the actual market performance.
It furthermore makes it possible to obtain a deeper understanding of how the interconnected market works and makes it simple to identify the actual market direction,
thus also providing all the information to derive overall market health, market strength or weakness.
Utility:
The Fixed Income and Macro Table is divided in 4 Columns which are the GRID regimes:
Economic Growth:
Goldilocks
Reflation
Economic Contraction:
Inflation
Deflation
Top 5 Fixed Income/ Macro Factors:
Are the values green for a specific Column?
If so then the market reflects the corresponding GRID behavior.
Bottom 5 Fixed Income/ Macro Factors:
Are the values red for a specific Column?
If so then the market reflects the corresponding GRID behavior.
So if we have Goldilocks as current regime we would see green values in the Top 5 Goldilocks Cells and red values in the Bottom 5 Goldilocks Cells.
You will find that Reflation will look similar, as it is also a sign of Economic Growth.
Same is the case for the two Contraction regimes.
******
This Indicator again is based to a majority on 42MACRO's models.
I only brought them into TV and added things on top of it.
If you have questions or need a more in-depth guide DM me.
GM
Eagle-CrossingThis is Arcane Bears First Script Which charts your Golden Cross and Death Cross, You can update the settings as you see fit!
If you have any questions please join us at www.arcanebear.com
[Wda Inner Circle] Golden Duck Runner With TargetsThe "Golden Duck Runner With Targets" is a sophisticated technical analysis indicator designed for active traders seeking precise entry and exit points in fast-moving markets. This indicator combines dual EMA trend analysis with pullback detection and implements a comprehensive risk management system based on candle size calculations with automatic position cleanup functionality.
Key Features
Dual EMA System
- Fast EMA (18-period): Golden line (linewidth=2) that tracks short-term price momentum
- Trend Filter EMA (111-period): Extra thick line (linewidth=4) for major trend identification
- Blue: Bullish trend (Fast EMA > Slow EMA)
- Red: Bearish trend (Fast EMA < Slow EMA)
Advanced Signal Generation
The indicator employs a sophisticated pullback detection algorithm that ensures high-probability entries:
Long Signal Requirements:
- Market must be in uptrend (18 EMA > 111 EMA)
- Price must pull back below the 18 EMA while staying above the 111 EMA
- Price must then close back above the 18 EMA with bullish momentum
- No duplicate signals until position is closed
Short Signal Requirements:
- Market must be in downtrend (18 EMA < 111 EMA)
- Price must pull back above the 18 EMA while staying below the 111 EMA
- Price must then close back below the 18 EMA with bearish momentum
- No duplicate signals until position is closed
This methodology ensures traders enter positions only after proper trend confirmation and healthy pullback completion. Dynamic Risk Management System
Unlike static risk management approaches, this indicator calculates Stop Loss and Take Profit levels based on the actual volatility of the entry candle, providing adaptive risk management:
Risk Levels (Based on Entry Candle Size):
- Stop Loss: 2x entry candle size (providing adequate breathing room)
- Take Profit 1: 3x entry candle size (1.5:1 reward-to-risk ratio)
- Take Profit 2: 5x entry candle size (2.5:1 reward-to-risk ratio)
- Take Profit 3: 8x entry candle size (4:1 reward-to-risk ratio)
Automatic Position Management
Clean Chart Technology:
- Positions automatically close when TP3 or Stop Loss levels are hit
- All risk management lines are automatically removed upon trade completion
- Charts remain clean and focused on active opportunities only
- Maximum holding period of 20 bars prevents stale signals
Visual Elements
- Golden Entry Level: Clearly marks your exact entry price
- Color-Coded Risk Lines: Dark red for stop loss, blue for take profits
- Golden Arrow Signals: Easy-to-spot entry points with BUY/SELL labels
- Entry Candle Highlighting: Gold-colored candles mark signal bars
- Information Dashboard: Real-time display of trend direction, position status, entry price, and bars held
- Professional Color Scheme: Consistent golden theme throughout
Trading Applications
Best Suited For:
- Scalping: Short-term trades in liquid markets (1-5 minute charts)
- Day Trading: Intraday momentum plays (15-minute to 1-hour charts)
- Swing Trading: Multi-day position holding (4-hour to daily charts)
- Forex Markets: Major currency pairs with good liquidity
- Stock Trading: High-volume equities and indices
- Cryptocurrency: Bitcoin, Ethereum, and major altcoins
- Commodities: Gold, Silver, Oil, and other liquid futures
Optimal Market Conditions:
- Trending Markets: Works best when clear trend direction is established
- Moderate Volatility: Candle-based risk management adapts to market conditions
- Liquid Markets: Ensures accurate execution at calculated levels
- Session Overlaps: Forex majors during London/New York overlap
- News-Driven Moves: Captures momentum after fundamental catalysts
Risk Management Philosophy
This indicator implements a position sizing approach that adapts to market volatility through several key principles:
Adaptive Risk Calculation:
- Risk levels scale with actual market volatility (candle size)
- Larger candles = wider stops and targets
- Smaller candles = tighter risk management
- Maintains consistent risk-reward ratios across all market conditions
Professional Exit Strategy:
- Multiple take profit levels allow for position scaling
- Automatic cleanup prevents chart clutter
- Real-time monitoring of all risk levels
- Maximum 20-bar holding period prevents overholding
Market-Neutral Approach:
- Works equally well in bull and bear markets
- Trend-following methodology captures major moves
- Pullback timing ensures favorable entry prices
Usage Instructions
Setup Phase:
1. Apply to Chart: Add indicator to your preferred timeframe
2. Verify Settings: Confirm EMA periods (18 and 111) suit your style
3. Enable Alerts: Set up TradingView alerts for entry signals
4. Plan Position Size: Determine risk per trade before signals appear
Signal Identification:
1. Trend Confirmation: Monitor EMA colors and positioning
- Bullish Setup: 18 EMA (golden) above 111 EMA (blue)
- Bearish Setup: 18 EMA (golden) below 111 EMA (red)
2. Wait for Pullback: Price must retrace to 18 EMA level
- Long: Price pulls back below 18 EMA but stays above 111 EMA
- Short: Price pulls back above 18 EMA but stays below 111 EMA
3. Entry Confirmation: Golden arrow appears when conditions are met
- BUY signal: Price closes back above 18 EMA with momentum
- SELL signal: Price closes back below 18 EMA with momentum
Position Management:
1. Entry Execution: Enter trade at signal candle close price
2. Risk Placement: Use provided stop loss level (dark red line)
3. Profit Taking: Scale out at blue TP levels (TP1: 3x, TP2: 5x, TP3: 8x)
4. Position Monitoring: Watch dashboard for trade status and duration
Exit Management:
- Automatic Cleanup: Lines disappear when TP3 or SL is hit
- Time Exit: Position closes after 20 bars if targets not reached
- Manual Override: Traders can exit earlier based on discretion
Advanced Features
Pullback Quality Control
The indicator uses sophisticated logic to ensure only high-quality setups:
- Trend Structure Validation: Pullbacks must respect major trend EMAs
- Momentum Confirmation: Requires decisive close through 18 EMA
- No Whipsaw Protection: Prevents signals during choppy conditions
- Duplicate Prevention: Only one signal per trend move
Real-Time Monitoring System
- Live Position Tracking: Dashboard shows current status
- Automatic Level Updates: Lines adjust to current bar position
- Alert Integration: Built-in notifications for all signal types
- Performance Metrics: Entry price and duration tracking
Customization Options
Display Controls:
- Toggle Fast EMA visibility
- Toggle Trend Filter EMA visibility
- Enable/disable signal arrows
- Show/hide information dashboard
Parameter Adjustment:
- Modify Fast EMA period (default: 18)
- Adjust Trend Filter EMA period (default: 111)
- Customize alert messages
Market Analysis Benefits
Trend Following Advantage:
- Captures major directional moves early
- Avoids counter-trend trades in strong markets
- Adapts to changing market conditions automatically
Timing Optimization:
- Enters after healthy pullbacks for better prices
- Avoids chasing momentum at extremes
- Provides multiple profit-taking opportunities
Risk Control:
- Volatility-adjusted stop losses prevent random exits
- Excellent risk-reward ratios (up to 4:1)
- Automatic position management reduces emotional decisions
Educational Value
This indicator serves as an excellent learning tool for understanding:
Technical Analysis Concepts:
- EMA crossover strategies and trend identification
- Pullback trading methodology and timing
- Support and resistance level recognition
- Momentum confirmation techniques
Risk Management Principles:
- Position sizing based on market volatility
- Multiple take profit level strategies
- Stop loss placement using market structure
- Time-based exit rules
Trading Psychology:
- Systematic approach reduces emotional trading
- Clear rules for entry and exit decisions
- Patience waiting for quality setups
- Disciplined risk management practices
Performance Optimization Tips
Timeframe Selection:
- Lower Timeframes (1-15m): More signals, requires faster execution
- Higher Timeframes (1h-4h): Fewer but higher quality signals
- Daily Charts: Swing trading with excellent risk-reward ratios
Market Selection:
- High Liquidity: Ensures accurate execution at calculated levels
- Trending Assets: Maximizes strategy effectiveness
- Volatile Periods: Provides larger profit targets
- Session Timing: Trade during active market hours
Risk Management:
- Never risk more than 1-2% of account per trade
- Use position sizing that allows for multiple concurrent trades
- Consider correlation between instruments when trading multiple markets
- Maintain trading journal to track performance
Backtesting and Validation
Historical Performance Analysis:
Users are encouraged to conduct thorough backtesting across different:
- Market conditions (trending vs. ranging)
- Volatility environments (high vs. low)
- Time periods (various years and seasons)
- Asset classes (forex, stocks, crypto, commodities)
Forward Testing Recommendations:
- Start with paper trading to understand signal timing
- Use small position sizes during learning phase
- Track all trades for performance analysis
- Gradually increase position size as confidence builds
Technical Specifications
Pine Script Details:
- Version: Pine Script v5
- Chart Type: Overlay indicator
- Resource Limits: max_lines_count=500, max_labels_count=500
- Repainting: Non-repainting signals (confirmed on bar close)
- Real-time Updates: Yes, with live dashboard
- Alert Compatibility: Full TradingView alert support
System Requirements:
- TradingView account (Basic or higher recommended)
- Stable internet connection for real-time data
- Compatible with all TradingView supported markets
- Works on desktop, mobile, and web platforms
Disclaimer and Risk Warning
IMPORTANT: This indicator is designed for educational and analytical purposes only.
Risk Acknowledgment:
- No Guarantee of Profits: Past performance does not predict future results
- Substantial Risk of Loss: Trading involves risk and is not suitable for all investors
- Market Volatility: Cryptocurrency and forex markets can be extremely volatile
- Technical Analysis Limitations: No indicator is 100% accurate
- Leverage Warning: Using leverage amplifies both profits and losses
User Responsibilities:
- Personal Research: Always conduct independent analysis
- Risk Assessment: Only trade with money you can afford to lose
- Position Sizing: Use appropriate risk management for your account size
- Market Knowledge: Understand the markets you're trading
- Professional Advice: Consult financial advisors when needed
Legal Disclaimer:
- This tool provides analysis, not investment advice
- Users are solely responsible for trading decisions
- No warranty is provided regarding accuracy or profitability
- Historical results do not guarantee future performance
- Seek professional guidance for investment decisions
Support and Development
Continuous Improvement:
This indicator is actively maintained and updated to ensure:
- Compatibility with TradingView platform changes
- Bug fixes and performance optimizations
- Feature enhancements based on user feedback
- Documentation updates and educational content
Conclusion
The "Golden Duck Runner With Targets" represents a comprehensive approach to technical analysis that combines trend following, pullback timing, and adaptive risk management. Its automatic cleanup functionality and professional visual design make it suitable for traders of all experience levels who demand precision and reliability in their analytical tools.
By focusing on high-probability setups with excellent risk-reward ratios, this indicator helps traders develop disciplined trading habits while providing the flexibility to adapt to various market conditions and trading styles.
Remember: Successful trading requires patience, discipline, and continuous learning. This tool provides the analysis - the trading decisions and their consequences remain entirely with the user.
Developed for serious traders who demand precision, reliability, and professional-grade risk management with clean, clutter-free chart visualization.
Wolf of crypto MA Cross & Price Cross this indicator by Wolf of crypto is helping you spot the price action crossing the 200MA or the 50MA crossing the 200MA (Golden cross or Death cross)
ADVANCED EMA RIBBON SUITE PRO [Multi-Timeframe + Alerts + Dash]🎯 ADVANCED EMA RIBBON SUITE PRO
📊 DESCRIPTION:
The most comprehensive EMA Ribbon indicator on TradingView, featuring 14 customizable
EMAs (5-200), multi-timeframe analysis, gradient ribbon visualization, smart alerts,
and a real-time dashboard. Perfect for trend following, scalping, and swing trading.
🔥 KEY FEATURES:
• 14 EMAs with Fibonacci sequence option (5, 8, 13, 21, 34, 55, 89, 144, 200)
• Multi-Timeframe (MTF) analysis - see higher timeframe trends
• Dynamic gradient ribbon with trend-based coloring
• Golden Cross & Death Cross detection with alerts
• Professional themes (Dark/Light) with 6 visual styles
• Real-time information dashboard
• Customizable transparency and colors
• Trend strength visualization
• Price position analysis
• Smart alert system for all major crossovers
📈 USE CASES:
• Trend Identification: Ribbon expansion/contraction shows trend strength
• Entry/Exit Signals: EMA crossovers provide clear trade signals
• Support/Resistance: EMAs act as dynamic S/R levels
• Multi-Timeframe Confluence: Combine timeframes for higher probability trades
• Scalping: Use faster EMAs (5-20) for quick trades
• Swing Trading: Focus on 50/200 EMAs for position trades
🎯 TRADING STRATEGIES:
1. Ribbon Squeeze: Trade breakouts when ribbon contracts
2. Golden/Death Cross: Major trend reversals at 50/200 crosses
3. Price Above/Below: Long when price above most EMAs, short when below
4. MTF Confluence: Trade when multiple timeframes align
5. Dynamic S/R: Use EMAs as trailing stop levels
⚡ OPTIMAL SETTINGS:
• Scalping: 5, 8, 13, 21 EMAs on 1-5 min charts
• Day Trading: Full ribbon on 15-60 min charts
• Swing Trading: Focus on 50, 100, 200 EMAs on daily charts
• Position Trading: Use weekly timeframe with monthly MTF
📌 KEYWORDS:
EMA, Exponential Moving Average, Ribbon, Multi-Timeframe, MTF, Golden Cross,
Death Cross, Trend Following, Scalping, Swing Trading, Dashboard, Alerts,
Support Resistance, Fibonacci, Professional, Advanced, Suite, Indicator
*Created using PineCraft AI (Link in Bio)
Auto Intelligence Selective Moving Average(AI/MA)# 🤖 Auto Intelligence Moving Average Strategy (AI/MA)
**AI/MA** is a state-adaptive moving average crossover strategy designed to **maximize returns from golden cross / death cross logic** by intelligently switching between different MA types and parameters based on market conditions.
---
## 🎯 Objective
To build a moving average crossover strategy that:
- **Adapts dynamically** to market regimes (trend vs range, rising vs falling)
- **Switches intelligently** between SMA, EMA, RMA, and HMA
- **Maximizes cumulative return** under realistic backtesting
---
## 🧪 materials amd methods
- **MA Types Considered**: SMA, EMA, RMA, HMA
- **Parameter Ranges**: Periods from 5 to 40
- **Market Conditions Classification**:
- Based on the slope of a central SMA(20) line
- And the relative position of price to the central line
- Resulting in 4 regimes: A (Bull), B (Pullback), C (Rebound), D (Bear)
- **Optimization Dataset**:
- **Bybit BTCUSDT.P**
- **1-hour candles**
- **2024 full-year**
- **Search Process**:
- **Random search**: 200 parameter combinations
- Evaluated by:
- `Cumulative PnL`
- `Sharpe Ratio`
- `Max Drawdown`
- `R² of linear regression on cumulative PnL`
- **Implementation**:
- Optimization performed in **Python (Pandas + Matplotlib + Optuna-like logic)**
- Final parameters ported to **Pine Script (v5)** for TradingView backtesting
---
## 📈 Performance Highlights (on optimization set)
| Timeframe | Return (%) | Notes |
|-----------|------------|----------------------------|
| 6H | +1731% | Strongest performance |
| 1D | +1691% | Excellent trend capture |
| 12H | +1438% | Balance of trend/range |
| 5min | +27.3% | Even survives scalping |
| 1min | +9.34% | Robust against noise |
- Leverage: 100x
- Position size: 100%
- Fees: 0.055%
- Margin calls: **none** 🎯
---
## 🛠 Technology Stack
- `Python` for data handling and optimization
- `Pine Script v5` for implementation and visualization
- Fully state-aware strategy, modular and extendable
---
## ✨ Final Words
This strategy is **not curve-fitted**, **not over-parameterized**, and has been validated across multiple timeframes. If you're a fan of dynamic, intelligent technical systems, feel free to use and expand it.
💡 The future of simple-yet-smart trading begins here.
23/35 SR Channels (Hitchhikers Guide To Goldbach)This indicator highlights potential short-term support and resistance zones based on the 23rd and 35th minute of each hour. At each of these time points, it draws a zone from the high to the low of the candle, extending it forward for a fixed number of bars.
Key features:
🔸 Orange zones mark the 23-minute candle
🔹 Blue zones mark the 35-minute candle
📏 Zones extend for a customizable number of bars (channelLength)
🔄 Existing zones are removed if they overlap significantly with a new one
🏷️ Optional labels show when a 23 or 35 zone is created
This tool is ideal for traders looking to identify time-based micro-structures and intraday reaction zones.
AutoFib Breakout Strategy for Uptrend AssetsThis trading strategy is designed to help you catch powerful upward moves on assets that are in a long-term uptrend, such as Gold (XAUUSD). It uses a popular technical tool called the Fibonacci Extension, combined with a trend filter and a risk-managed exit system.
✅ When to Use This Strategy
• Works best on higher timeframes: Daily (1D), 3-Day (3D), or Weekly (W).
• Best used on uptrending assets like Gold.
• Designed for swing trading – holding trades from a few days to weeks.
📊 How It Works
1. Find the Trend
We only want to trade in the direction of the trend.
• The strategy uses the 200-period EMA (Exponential Moving Average) to identify if the market is in an uptrend.
• If the price is above the 200 EMA, we consider it an uptrend and allow long trades.
2. Identify Breakout Levels
• The strategy detects recent high and low pivot points to draw Fibonacci extension levels.
• It focuses on the 1.618 Fibonacci level, which is often a target in strong trends.
• When the price breaks above this level in an uptrend, it signals a potential momentum breakout – a good time to buy.
3. Enter a Trade
• The strategy enters a long (buy) position when the price closes above the 1.618 Fibonacci level and the market is in an uptrend (above the 200 EMA).
4. Manage Risk Automatically
• The trade includes a stop-loss set to 1x the ATR (Average True Range) below the entry price – this protects against sudden drops.
• It sets a take-profit at 3x the ATR above the entry – aiming for higher rewards than risks.
⚠️ Important Notes
• 📈 Higher Timeframes Preferred: This strategy works best on Daily (D), 3-Day (3D), and Weekly (W) charts, especially on Gold (XAUUSD).
• 🧪 Not for Deep Backtesting: Due to the nature of how pivot points and Fib levels are calculated, this strategy may not perform well in backtesting simulations (because the historical calculations can shift). It is better used for live analysis and forward testing.
CANX MA Crossover© CanxStixTrader
Moving average crossover systems measure drift in the market. They are great strategies for time-limited traders. KEEP IT SIMPLE
This strategy works both for buys and sells using the reaction line to guide your position against the reactions.
HOW TO USE THE INDICATOR
1) Choose your market and timeframe.
2) Choose the length.
3) Choose the multiplier.
4) Choose if the strategy is long-only or bidirectional (longs & shorts).
TIPS
The strategy works best in bullish markets as that is the primary direction that market such as stocks, indexes and metals like to move.
- Increase the multiplier to reduce whipsaws
- Increase the length to take fewer trades
- Decrease the length to take more trades
- Try a Long-Only strategy to see if that performs better.
The base set up when you load the indicator is for the 1 minute chart on gold. We found that it also works well on the US Indexes. For other markets you may need to change the length and multiplier to suit the market and back test its results.
AI-123's BTC vs Gold (Lag Correlation)
DISCLAIMER
I made this indicator with the help of ChatGPT and using what I have learned so far from The Pine Script Mastery Course, LOTS of edits based on what I have learned so far had to be made as well as additions and modifications to my liking thanks to what I have learned so far. I am aware this already exists but I have done my best to make a first ever script/indicator while learning how to properly publish as well, so please bear that in mind.
Overview
This indicator analyzes the correlation between Bitcoin (BTC) and Gold (XAUUSD), with a customizable lag applied to the Gold price, providing insight into the macro relationship between these two assets.
It is designed for traders and investors who want to track how Bitcoin and Gold move in relation to each other, particularly when Gold is lagged by a specific number of days.
Key Features:
BTC and Gold (Lagged) Price Overlay: Display Bitcoin (BTC) and Gold (XAUUSD) prices on the chart, with an adjustable lag applied to the Gold price.
Rolling Correlation Calculation: Measures the correlation between Bitcoin and lagged Gold prices over a customizable lookback period.
Adjustable Lag: The number of days that Gold is lagged relative to Bitcoin is fully customizable (default: 20 days).
Customizable Correlation Length: Allows you to choose the lookback period for the correlation (default: 50 days), providing flexibility for short-term or long-term analysis.
Normalized Plotting: Prices of Bitcoin and Gold are normalized for better visual alignment with the correlation values. BTC is divided by 1000, and Gold by 100.
Correlation Scaling: The correlation value is amplified by 10 for better visual clarity and comparison with price data.
Zero Line: Horizontal line representing a correlation of 0, making it easier to identify positive or negative correlation shifts.
Maximum Correlation Lines: Horizontal lines at +10 and -10 values for extreme correlation scenarios.
Input Settings:
Gold Symbol: Customize the Gold ticker (default: OANDA:XAUUSD).
Bitcoin Symbol: Customize the Bitcoin ticker (default: BINANCE:BTCUSDT).
Lag (in trading days): Adjust the number of trading days to lag the Gold price relative to Bitcoin (default: 20).
Correlation Length (days): Set the number of days over which the rolling correlation is calculated (default: 50).
How to Use:
Price Comparison: The BTC (Spot) and Lagged Gold plots give you a side-by-side visual comparison of the two assets, normalized for clarity.
Correlation Line: The correlation line helps you gauge the strength and direction of the relationship between BTC and lagged Gold. Positive values indicate a strong positive correlation, while negative values indicate a negative correlation.
Visual Analysis: Watch how the correlation shifts with changes in lag and correlation length to identify potential market dynamics between Bitcoin and Gold.
Potential Applications:
Macro Trading: Track how Bitcoin and Gold behave in relation to each other during periods of economic uncertainty or inflation.
Sentiment Analysis: Use the correlation data to understand the sentiment between digital and traditional assets.
Strategic Timing: Identify potential opportunities where Bitcoin and Gold show a strong correlation or diverge based on the lag adjustment.
Understanding Macro Trends/Correlations.
Disclaimer:
This indicator is for informational purposes only. The correlation between Bitcoin and Gold does not guarantee future performance, and users should conduct their own research and use risk management strategies when making trading decisions.
Notes: This script uses historical data, so results may vary across different timeframes.
Customization options allow users to adjust the lag and correlation length to better fit their trading strategy.
Future Enhancements: Additional Correlation Line: A second correlation line for different lengths of lag or different assets.
Color-Coding of Correlation: Future updates may include color-coded correlation strength, visually indicating positive or negative correlation more effectively.
29&71 Goldbach levelsThe indicator automatically plots horizontal lines at the 29 and 71 price levels on your chart. These levels serve as psychological barriers in the market, where price action may react or consolidate, just as prime numbers are fundamental in the theory of numbers.
---
Features:
- 29 Level: Identifies significant areas where market participants may encounter support or resistance, similar to the importance of prime numbers in Goldbach's conjecture.
- 71 Level: Marks another key zone that might indicate possible price breakouts or reversals, offering traders a reference point for decision-making.
- Customizable: You can adjust the colors, line styles, or alerts associated with these levels to fit your trading preferences.
How to Use:
- Use the 29 and 71 levels to spot potential areas of support or resistance on the chart.
- Watch for price reactions at these levels for possible breakout or reversal setups.
- Combine the levels with other technical indicators for added confirmation.
---
This indicator blends the theory of prime numbers with market analysis, offering traders a novel approach to identifying key levels that might influence price movements.
MA Win RateMoving Average Cross Win Rate
This simple yet useful script calculates the percentage of times a moving average crossover successfully predicts price movement.
Win Conditions:
1] A Golden Cross (fast MA crossing above slow MA) where the price moves up afterward.
2] A Death Cross (fast MA crossing below slow MA) where the price moves down afterward.
In this script, I have used a Simple Moving Average (SMA) for illustration.
You can modify the code to apply any type of moving average and test its accuracy.
FuTech : MACD Crossovers Advanced Alert Lines=============================================================
Indicator : FuTech: MACD Crossovers Advanced Alert Lines
Overview:
The "FuTech: MACD Crossovers Advanced Alert Lines" indicator is designed to assist traders in identifying key technical patterns using the :-
1. MACD (Moving Average Convergence Divergence) and
2. Golden/Death Crossovers
By visualizing these indicators directly on the chart with advanced lines, it helps traders make more informed decisions on when to enter or exit trades.
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Key Features of "FuTech: MACD Crossovers Advanced Alert Lines":
1. MACD Crossovers:
a) The MACD is one of the most widely used indicators for identifying momentum shifts and potential buy/sell signals. This indicator plots vertical lines on the chart whenever the MACD line crosses the signal line.
b) Upward Crossover (Bullish Signal) : When the MACD line crosses above the signal line, a green vertical line will appear, indicating a potential buying opportunity.
c) Downward Crossover (Bearish Signal) : When the MACD line crosses below the signal line, a red vertical line will appear, signaling a potential selling opportunity.
2. Golden Cross & Death Cross:
a) The Golden Cross occurs when the price moves above a long-term moving average (like the 50-day moving average), signaling a potential upward trend.
b) The Death Cross occurs when the price moves below a long-term moving average, signaling a potential downward trend.
c) These crossovers are displayed with customizable lines on the chart to easily spot when the market is shifting direction.
d) Golden Cross (Bullish Signal) : A blue vertical line appears when the price crosses above the selected long-term moving average.
e) Death Cross (Bearish Signal) : A purple vertical line appears when the price crosses below the selected long-term moving average.
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Customization Options:
This indicator offers several customization options to suit your trading preferences:
1) MACD Settings:
a) Choose between different moving average types (EMA, SMA, or VWMA) for calculating the MACD.
b) Adjust the lengths of the fast, slow, and signal MACD periods.
c) Control the width and color of the vertical lines drawn on the chart for both up and down crossovers.
2) Golden Cross / Death Cross Settings:
a) Select the moving average type for the Golden Cross / Death Cross (EMA, SMA, or VWMA).
b) Define the lookback period for calculating the Golden Cross / Death Cross.
c) Customize the appearance of the Golden and Death Cross lines, including their width and color.
You can use both as well as either of the MACD lines or Golden Crossover / Death Crossover Lines respectively as per your trading strategies
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How "FuTech: MACD Crossovers Advanced Alert Lines" indicator Works:
a) The indicator monitors the price and calculates the MACD and Golden/Death Crosses.
b) When the MACD line crosses above or below the signal line, or when the price crosses above or below the long-term moving average, it plots a vertical line on the chart.
c) These lines help traders quickly spot potential turning points in the market, providing clear signals to act upon.
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Use Case:
a) Swing Traders: The indicator is useful for spotting momentum shifts and trend reversals, helping you time entries and exits for short- to medium-term trades.
b) Long-Term Traders: The Golden and Death Cross signals help identify major trend changes, giving insights into potential market shifts.
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Why Use This "FuTech: MACD Crossovers Advanced Alert Lines" Indicator ?
a) Clear Visuals : The vertical lines provide clear and easy-to-spot signals for MACD crossovers and Golden/Death Crosses.
b) Customizable : Adjust settings for your personal trading strategy, whether you're focusing on short-term momentum or long-term trend shifts.
c) Supports Decision Making : With its advanced line plotting and customizable features, this indicator helps you make quicker and more informed trading decisions.
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How to Use:
a) MACD Crossovers: Look for green lines to signal potential buying opportunities (when the MACD line crosses above the signal line) and red lines for selling opportunities (when the MACD line crosses below the signal line).
b) Golden Cross / Death Cross: Use the blue lines to confirm when a positive trend may begin (Golden Cross) and purple lines to warn when a negative trend may start (Death Cross).
=============================================================
Conclusion:
"FuTech: MACD Crossovers Advanced Alert Lines" indicator combines two powerful technical analysis tools, the MACD and Golden/Death Crosses, to provide clear, actionable signals on your chart.
By customizing the appearance of these signals and combining them with your trading strategy, you can enhance your decision-making process and improve your trading outcomes.
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Thank you !
Jai Swaminarayan Dasna Das !
He Hari ! Bas Ek Tu Raji Tha !
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Asset Correlation with XAU/USD (Macroeconomics X Gold)This Pine Script calculates the correlation of economic assets with gold (XAU/USD), including indicators such as the DXY, the S&P 500, the US 10-year yield (US10Y), oil (USOIL), the USD/JPY pair, and the AUD/USD pair. The goal is to analyze the impact of these variables on the price of gold, particularly in a macroeconomic context.
Main Features:
Asset Monitoring: The script monitors 24-hour variations of six key assets (DXY, S&P 500, US10Y, USOIL, USDJPY, AUDUSD), along with the price of XAU/USD.
Percentage Change Calculation: The percentage change for each asset is calculated based on the previous day's close, compared to the most recent 5-minute close.
Direction Determination: The direction of each asset (whether the change is positive, negative, or neutral) is calculated and used to determine the potential impact on the price of gold.
Interactive Tables: The results of directions, variations, and impacts are displayed in a table on the screen, with each asset being evaluated by its weight (influence on gold) and direction. The table also includes arrows indicating the impact of each asset on the price of gold, based on the correlation between them.
Dominance: The overall dominance of gold is calculated based on the weights and directions of the assets, generating a result that reflects whether gold is trending upwards or downwards due to the other observed assets. An arrow symbol indicates whether the dominance is positive (⬆️), negative (⬇️), or neutral (—).
Table Details:
The table displays the monitored assets, their assigned weights, the direction (arrows up, down, or neutral), the percentage change of each asset, and the impact of these assets on the price of gold.
The last column shows the "dominance" overall, with the final impact of these assets on the direction of the XAU/USD price.
Usage: This script is useful for traders and analysts who want to monitor how different macroeconomic factors (such as the value of the dollar, the S&P 500, US interest rates, oil prices, and currency pairs) influence the price of gold. It provides a clear view of how these assets correlate with gold, helping to make more informed decisions in the market.
For a better view of the table, right-click on >> visual order >> bring it to the top.
Sniper Entry Indicator, Crypto, Forex, Indices, I ndicator Description:
Momentum & Sideways Market Detector is a powerful TradingView indicator that combines the strengths of RSI (Relative Strength Index) and Moving Averages to identify market momentum and detect sideways movements. This versatile tool is designed to work effectively across various asset classes, including Cryptocurrencies, Forex pairs, Gold, and major stock indices like Nifty, BankNifty, Finifty, and Midcap.
Key Features:
Momentum Detection: The indicator uses RSI to gauge market momentum, highlighting overbought and oversold conditions to signal potential reversals by Displaying strength on the chart, above 90 it will be overbought and check for reversal trade, below 10 it will be oversold and check for the long opportunity.
Sideways Market Identification: It utilizes a combination of Moving Averages to detect low-volatility periods and sideways market conditions, helping traders avoid choppy markets. Area or label highlighted by blue means it is sideways, you can ignore entries in this zone.
Multi-Asset Compatibility: The indicator is optimized to perform well on diverse asset classes, including Crypto, Forex, Commodities, and Equity Indices, making it a versatile tool for traders of all types. It is compatible with Indian indices as well giving trader opportunity to see live trade with strike price entry and sl. It also trails the SL when reached the first target.
Customizable Parameters: Users can adjust RSI and Moving Average settings to suit their trading style and timeframe preferences.
Settings:
Stock/Option (Whether you want to trade Sport or it's option, if unchecked it will look for expiry of the stock option, month, and year, user also needs to provide the call and put option)
Spot Symbol (I have provided some of the spot symbols for the selection which will help him to configure it's F&O )
Backtest Day (User can backtest the data by changing the day to previous lookback, it is a very good feature to test the results.)
Remove lines from the table (If table is too long, i have provided the option to remove some of the lines from the table, provide number to remove the lines)
This indicator is a must-have for traders looking to enhance their strategy by accurately identifying market conditions and adapting their trades accordingly.
RSI PRECISION v.3RSI PRECISION v.3 (MACD, StochRSI, SMA Signals)
Developed by Giorgos Protonotarios (2021-2023)
RSI PRECISION is an alternative to the classic Relative Strength Index (RSI). The indicator aims to enhance the classic RSI and make it more accurate on longer timeframes. Additionally, the indicator works as an advanced signaling machine, offering five different categories of leading trading signals. RSI PRECISION is an ideal tool for analyzing highly volatile markets, such as cryptocurrency and small-cap stocks.
In this 3rd version, the core formula remains the same, however, there are new trading signals and a great number of new parameters. Traders have the opportunity to fully customize the indicator according to their needs.
What is new ?
The RSI formula remains the same, however, there are additional features:
• Selected StochRSI signals
• Low-timeframe SMA signal (<60 minutes)
• High-timeframe SMA signal (>60 minutes)
• SMA on the RSI PRECISION readings
• Ability to customize everything in settings (tooltips added)
Note: You can turn off any trading signal by unselecting it in Settings>Style.
□ NEW TRADING SIGNALS (v.3)
■ SELECTED STOCHRSI SIGNALS
The selected StochRSI signals are visualized by a cross (+) on the top and bottom of the indicator. The settings for StochRSI are the classic 8.5.3 (customizable). By default, the crossover is generated when StochRSI crosses above 25, and the crossunder when StochRSI crosses below 75.
(i) Bullish StochRSI cross
• Symbol: Cross (+) on the Top
• Event: StochRSI crosses above level 25
(ii) Bearish StochRSI cross
• Symbol: Cross (+) on the Bottom
• Event: StochRSI crosses below level 75
■ SMA CROSSOVERS (LOW/HIGH TIMEFRAMES)
These trading signals are generated when the price of an asset crosses above or below a preset SMA.
There are two different SMAs, one shown on low timeframes, and one on high timeframes. You can adjust the periods for both, by default 200 periods.
(i) Low-Timeframe SMA Cross (<60 minutes)
• Symbol: Bullish (↥) on the top of the indicator and bearish (↧) on the bottom
• Event: The price crosses above or below the selected SMA on low timeframes
(ii) High-Timeframe SMA Cross (>60 minutes)
• Symbol: Bullish (↥) on the top of the indicator and bearish (↧) on the bottom
• Event: The price crosses above or below the selected SMA on high timeframes
■ SMA LINE ON RSI PRECISION
This is just a simple SMA line on the RSI PRECISION readings. By default, it is set at 50 periods.
• SMA Line (blue-dashed)
You can turn it off by unselecting it in Settings>Style.
□ OLDER TRADING SIGNALS
The 3rd version of RSI PRECISION also includes all previous signals.
■ RSI PRECISION CROSSES
This signal corresponds to a bullish/bearish RSI PRECISION cross. By default, it is 5 for a bullish crossover and 100 for a bearish crossunder. These numbers are indicative and can be customized.
(i) Bullish RSI PRECISION Cross
• Symbol: Green arrow (▲) on the Top
• Event: RSI PRECISION crosses above level 5
(ii) Bearish RSI PRECISION Cross
• Symbol: Red arrow (▼) on the Bottom
• Event: RSI PRECISION crosses below level 100
■ MACD CROSSOVER SIGNALS
The MACD signals are visualized by a green/red dot (•). The default settings are the standard MACD settings (12,6,9).
(i) Bullish MACD cross
• Symbol: Green Dot (•) on the Top
• Event: MACD crosses above its signal line
(ii) Bearish MACD cross
• Symbol: Red Dot (•) on the Bottom
• Event: MACD crosses below its signal line
NOTE: In lower timeframes, MACD generates too many signals. You can switch off “MACD BULLISH & BEARISH CROSSOVERS” by clicking on ‘SETTINGS’, then ‘STYLE’, and then unselecting ‘Bullish MACD Cross’ and ‘Bearish MACD Cross’.
■ GOLDEN/DEATH CROSSES (SMA CROSSOVERS)
The cross of the 50-day moving average above the 200-day moving average is called a golden cross, and it is considered a bullish signal. The cross of the 50-day moving average below the 200-day moving average is called a death cross, and it is considered a bearish signal.
The Golden/Death crosses are visualized by (X). By default, 50 periods for the fast SMA and 200 periods for the slow SMA (both are customizable).
(i) Bullish SMA Cross
• Symbol: (X) on the Top
• Event: The fast SMA crosses above the Slow SMA
(ii) Bearish RSI Cross
• Symbol: (X) on the Bottom
• Event: The fast SMA crosses below the Slow SMA
□ More about the Indicator
■ MISSION
Enhancing the classic Relative Strength Index (RSI) and making it more accurate on longer timeframes, during choppy market conditions, and especially near market tops/bottoms.
■ OBJECTIVES
(1) Creating a better RSI that works as an “All-in-one” indicator
(2) Identifying overbought/oversold market levels in a simple and user-friendly manner
(3) Making precise calculations near market tops and bottoms, where price volatility is always booming
(4) Making precise calculations on longer timeframes (weekly, monthly) where the classic RSI readings are hardly readable
(5) Offering five different categories of trading signals (RSI, StochRSI, MACD, Golden/Death Crosses, SMAs) in a single indicator
■ RSI PRECISION CALCULATIONS
The RSI PRECISION formula consists of three (3) different components:
(a) Relative Strength Index component (the classic RSI)
(b) Periodic Price Volatility component (PPV, essential)
(c) RSI Volatility component (less important)
RSI PRECISION FORMULA ADJUSTMENTS
(i) CLASSIC RSI
This measurement corresponds to the classic RSI. If the other two components of the formula are set to zero (0%), then by entering 100% here, the RSI PRECISION becomes identical to the classic RSI.
-By default, 100%
(ii) PERIODIC PRICE VOLATILITY -PPV
The Periodic Price Volatility (PPV) is an advanced measurement of price volatility and an essential component of the core RSI PRECISION formula. You can easily adjust the weight of PPV in the formula.
-By default, 100%
(iii) RSI VOLATILITY
This is an extra measurement of volatility. This time the focus is exclusively on periodic RSI volatility, not on price volatility.
-By default, 5%
■ FINAL THOUGHTS
RSI PRECISION v.3 is an improved RSI indicator offering five leading trading signals. Everything is combined in one place to create an all-in-one TA tool. I have been using it as my only indicator for quite some time.
As always, happy trading, and remember, if you want to rule the world, create code, not war.
□ Giorgos Protonotarios,
Financial Analyst, Building Web
(October 5th 2023)
CE - 42MACRO Equity Factor Table This is Part 1 of 2 from the 42MACRO Recreation Series
The CE - 42MACRO Equity Factor Table is a whole toolbox packaged in a single indicator.
It aims to provide a probabilistic insight into the market realized GRID Macro Regime, use a multiplex of important Assets and Indices to form a high probability Implied Correlation expectation and allows to derive extra market insights by showing the most important aggregates and their performance over multiple timeframes... and what that might mean for the whole market direction, as well as the underlying asset.
WARNING
By the nature of the macro regimes, the outcomes are more accurate over longer Chart Timeframes (Week to Months).
However, it is also a valuable tool to form a proper,
market realized, short to medium term bias.
NOTE
This Indicator is intended to be used alongside the 2nd part "CE - 42MACRO Yield and Macro"
for a more wholistic approach and higher accuracy.
Due to coding limitations they can not be merged into one Indicator.
Methodology:
The Equity Factor Table tracks specifically chosen Assets to identify their performance and add the combined performances together to visualize 42MACRO's GRID Equity Model.
For this it uses the below Assets, with more to come:
Dividend Compounders ( AMEX:SPHD )
Mid Caps ( AMEX:VO )
Emerging Markets ( AMEX:EEM )
Small Caps ( AMEX:IWM )
Mega Cap Growth ( NASDAQ:QQQ )
Brazil ( AMEX:EWZ )
United Kingdom ( AMEX:EWU )
Growth ( AMEX:IWF )
United States ( AMEX:SPY )
Japan ( AMEX:DXJ )
Momentum ( AMEX:MTUM )
China ( AMEX:FXI )
Low Beta ( AMEX:SPLV )
International ex-US ( NASDAQ:ACWX )
India ( AMEX:INDA )
Eurozone ( AMEX:EZU )
Quality ( AMEX:QUAL )
Size ( AMEX:OEF )
Functionalities:
1. Correlations
Takes a measure of Cross Market Correlations
2. Implied Trend
Calculates the trend for each Asset and uses the Correlation to obtain the Implied Trend for the underlying Asset
There are multiple functionalities to enhance Signal Speed and precision...
Reading a signal only over a certain threshold, otherwise being colored in gray to signal noise or unclear market behavior
Normalization of Signal
Double Normalization of Signal for more Speed... ideal for the Crypto Market
Using an additional Hull Moving Average to enhance Signal Speed
Additional simple Background coloring to get a Signal from the HMA
Barcoloring based on the Implied Correlation
3. Equity Factor Table
Shows market realized Asset performance
Provides the approximate realized GRID market regimes
Informs about "Risk ON" and "Risk OFF" market states
Now into the juicy stuff...
Visuals:
There is a variety of options to change visual settings of what is plotted and where
+ additional considerations.
Everything that is relevant in the underlying logic which can improve comprehension can be visualized with these options.
More to come
Market Correlation:
The Market Correlation Table takes the Correlation of all the Assets to the Asset on the Chart,
it furthermore uses the Normalized KAMA Oscillator by IkkeOmar to analyse the current trend of every single Asset.
(To enhance the Signal you can apply the mentioned Indicator on the relevant Assets to find your target Asset movements that you intend to capture...
and then change the length of the Indicator in here)
It then Implies a Correlation based on the Trend and the Correlation to give a probabilistically adjusted expectation for the future Chart Asset Movement.
This is strengthened by taking the average of all Implied Trends.
Thus the Correlation Table provides valuable insights about probabilistically likely Movement of the Asset over the defined time duration,
providing alpha for Traders and Investors alike.
Equity Factors:
The table provides valuable information about the current market environment (whether it's risk on or risk off),
the rough GRID models from 42MACRO and the actual market performance.
This allows you to obtain a deeper understanding of how the market works and makes it simple to identify the actual market direction,
makes it possible to derive overall market Health and shows market strength or weakness.
Utility:
The Equity Factor Table is divided in 4 Sections which are the GRID regimes:
Economic Growth:
Goldilocks
Reflation
Economic Contraction:
Inflation
Deflation
Top 5 Equity Factors:
Are the values green for a specific Column?
If so then the market reflects the corresponding GRID behavior.
Bottom 5 Equity Factors:
Are the values red for a specific Column?
If so then the market reflects the corresponding GRID behavior.
So if we have Goldilocks as current regime we would see green values in the Top 5 Goldilocks Cells and red values in the Bottom 5 Goldilocks Cells.
You will find that Reflation will look similar, as it is also a sign of Economic Growth.
Same is the case for the two Contraction regimes.
This whole Indicator, as well as the second part, is based to a majority on 42MACRO's models.
I only brought them into TV and added things on top of it.
If you have questions or need a more in-depth guide DM me.
Will make a guide to all functionalities if necessity becomes apparent.
GM
Color Changing MACDJapanese below / 日本語説明は下記
This indicator shows MACD with its colors changing based on trend strength.
The purpose of this indicator is to visually understand phases of trends, which are beginning, advancing and ending, measuring the range between MACD line and signal line.
Since MACD is originated from moving average, the range between MACD line and signal line gradually expands as trends progress while the range gets narrowed as trends come closer to the end. The indicator visualizes this characteristics.
The colors change as follows:
Green: In bullish trend, the range between MACD and signal gets expanded from previous candle, which indicates up trends continue
Purple: The range between MACD and signal gets narrowed from previous candle, which indicates trends gradually come to end.
Red: In bearish trend, the range between MACD and signal gets expanded from previous candle, which indicates down trends continue
See the chart below.
Features
Coloring
MACD line and signal line's colors change according to the logic above.
You can also fill the gap between MACD line and signal line with the same color changing logic as lines.
Signals
Golden cross and death cross signals can be displayed.
Alert
Alerts can be set when golden and death crosses occur.
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トレンドの強弱で色が変わるMACDのインジケーターです。トレンドが初期、進展期、終了期と移り変わる様子を視覚的に判断できることを目的に開発しています。
トレンドの強弱はMACDラインとシグナルラインの幅で判断します。
MACDは移動平均線を元にしたインジケーターであるため、トレンドが進展するにつれMACDラインとシグナルラインの幅は徐々に広がります。一方で、トレンドが終盤に差し掛かかるにつれ上記の幅は狭まります。インジケーターはこのMACDの特徴を色で可視化します。
色は以下の通り変化します。
緑:上昇トレンドにおいて、MACDラインとシグナルラインの幅が前のローソク足のそれよりも拡大している場合
=>トレンドの勢いが強まっていることを示唆
紫:MACDラインとシグナルラインの幅が前のローソク足のそれよりも縮小している場合
=>トレンドの勢いが弱まっていることを示唆
赤:下降トレンドにおいて、MACDラインとシグナルラインの幅が前のローソク足のそれよりも拡大している場合
=>トレンドの勢いが強まっていることを示唆
サンプルチャート
機能
色変更
上記のロジックでMACDとシグナルラインの色を変更します。また両ラインの間をラインと同じロジックで塗りつぶすことも可能です。
シグナル
ゴールデンクロスとデッドクロスでシグナルを表示
アラート
ゴールデンクロスとデッドクロスでアラートを設定可能
Correlation Coefficient - DXY & XAUPublishing my first indicator on TradingView. Essentially a modification of the Correlation Coefficient indicator, that displays a 2 ticker symbols' correlation coefficient vs, the chart presently loaded.. You can modify the symbols, but the default uses DXY and XAU, which have been displaying strong negative correlation.
As with the built-in CC (Correlation Coefficient) indicator, readings are taken the same way:
Positive Correlation = anything above 0 | stronger as it moves up towards 1 | weaker as it moves back down towards 0
Negative Correlation = anything below 0 | stronger moving down towards -1 | weaker moving back up towards 0
This is primarily created to work with the Bitcoin weekly chart, for comparing DXY and Gold (XAU) price correlations (in advance, when possible). If you change the chart timeframe to something other than weekly, consider playing with the Length input, which is set to 35 by default where I think it best represents correlations with Bitcoin's weekly timeframe for DXY and Gold.
The intention is that you might be able to determine future direction of Bitcoin based on positive or negative correlations of Gold and/or the US Dollar Index. DXY has been making peaks and valleys prior to Bitcoin since after March 2020 black swan event, where it peaked just after instead. In the future, it may flip over again and Bitcoin may hit major highs or lows prior to DXY, again. So, keep an eye on the charts for all 3, as well as the indicator correlations.
Currently, we've moved back into negative correlation between Bitcoin and DXY, and positive correlation with Bitcoin and Gold:
Negative Correlation b/w Bitcoin and DXY - if DXY moves up, Bitcoin likely moves down, or if DXY moves down, Bitcoin likely moves up (or if Bitcoin were to move first before DXY, as it did on March 2020, instead)
Positive Correlation b/w Bitcoin and Gold - Bitcoin and Gold will likely move up or down with each other.
DXY is represented by the green histogram and label, Gold is represented by the yellow histogram and label. Again, you can modify the tickers you want to check against, and you can modify the colors for their histograms / labels.
The inspiration from came from noticing areas of same date or delayed negative correlation between Bitcoin and DXY, here is one of my most recent posts about that:
Please let me know if you have any questions, or would like to see updates to the indicator to make it easier to use or add more useful features to it.
I hope this becomes useful to you in some way. Thank you for your support!
Cheers,
dudebruhwhoa :)
