Ratio Smoothed, Volume Weighted Moving AverageThis is experimental moving average doesn't use a period/length but instead buffers the price per share and transfers that price per share at a given ratio per bar while also releasing the previous values at a decay ratio.
The idea is that volume is the engine by which the price moves but spikes in volume can cause noise. By having a buffer of price per share units, this VWMA style indicator can behave more like a WMA combined with volume (VAWMA) but smooths out the noise of recent volume. The end result is a price movement that is smooth but also still based strongly up on the average price per share and will always eventually catch up to the true price per share value.
A metaphor to understand this could be a bucket with a hole in it where water is flowing sporadically into the bucket. The level of water in the bucket may change drastically but instead of all the water emptying out immediately, it is throttled by the hole in the bottom. As the level rises, the water pressure increases and the flow increases so that the virtual bucket never has a chance to fill up but also never really empties either.
Komut dosyalarını "META股价历史数据" için ara
Financial MetricsGives a sneak peak into some of the important financial ratios described below:
1. P/E : price to earnings ratio (Green when P/E<15)
2. PEG: Price to earnings growth ratio (Green when PEG<1)
3. P/S: Price to sales ratio (Green when P/S<2)
4. EV/FCF: Enterprise Value to Free Cashflow ratio
5. OPM: Operating Profit Margin % (Green when OPM>15%)
6. D/E: Debt to equity ratio (Green when D/E<1)
7. ROE: Return on equity % (Green when ROE>15%)
8. Div_Yield: Dividend yield
Disclaimer: All the limits defined are based on the widely accepted general values, but are subjective to particular sector or group of stocks. For example IT stocks command higher valuation than cyclical stocks like metal. So Compare with other stocks of the same sector to reach any conclusion.
Heat Zone Relative Volatility Index 2.0v2 of Heat Zone RVI
• Updated aesthetics and added various alerts.
• The use of temperature descriptions with these Heat Zone scripts is more so metaphoric of the interpretations from what the RVI attempts to indicate primarily.
--- Due to the additions of the Overheated and Freezing Zones , the indicator-pane scaling is a little different from the original Heat Zone RVI .
Ex.)
--- If you like the scaling the way it was on v1, you can change it back by going into the settings , opening up the style page, and unchecking/turning off the Overheated Top Line as well as the Freezing Bottom Line . Otherwise, you can leave the settings be in regards to this matter.
Ex.)
Disclaimer : I am by no means a highly skilled or professional coder/programmer. I just enjoy dabbling and tinkering every now and again.
HOPE YOU ENJOY
Combo Backtest 123 Reversal & Awesome Oscillator (AO) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
WARNING:
- For purpose educate only
- This script to change bars colors.
Exploring UnicodeThis script demonstrates how to display Unicode characters and symbols, including emoji, in Pine:
• Part 1 displays multi-line labels on hi/lo pivots.
• Part 2 displays price/volume bumps using small up/down arrows plotted with plotchar() .
• Part 3 detects bounces and uses plotshape() to mark them.
You can use our `f_bounceFrom()` function from this part as confirmation for signals in your strategies.
Note that the labels displayed on pivots with the code in Part 1 are plotted in the past. In realtime, they would only appear where they are after 50 bars have elapsed from that point. The other plots are plotted on the bar where their conditions are detected.
You can display thousands of Unicode characters and symbols using Pine. As you can see with our script, it is very easy to do so. The challenge will often be to find the exact symbols you are looking for. Many websites exist to help you explore Unicode characters or symbols. The PineCoders Resources page contains a section presenting a few of them.
Duyck has a Unicode font function script containing functions to convert strings to monospaced Unicode representations. TradingView uses the Trebuchet font for most of its text, including text displayed with Pine scripts. While its numerals are monospace and will align vertically in labels text, Duyck's functions will be handy when you need to convert characters to a monospaced form, so they also align vertically in multi-line labels.
What is Unicode?
Unicode is to character encoding what Wikipedia is to knowledge; it holds codes to a good proportion of the characters or symbols used by humans, past or present. In the early days of computing, environments from different manufacturers often used different character encoding schemes, making transport between them difficult. Unicode solves that challenge. It is a comprehensive encoding scheme that visionaries from Xerox and Apple came up with in the late 80's. The addition of members from the Research Libraries Group, Sun Microsystems, Microsoft, Next and Metaphor created the "Unicode working group" and later, the Unicode Consortium , which continues to improve and manage the Unicode standard.
Theoretically, Unicode encodes values representing characters or glyphs —not their pictorial representations. The letters "A" or "a", or the blue heart emoji "💙" are each represented by a Unicode value. In practice, however, there are many different versions of the Latin alphabet in Unicode. That is how our low pivot label can display different representations of the letters "ITV". The exact rendition of Unicode symbols on a specific device is left to equipment manufacturers and typeface designers.
The current Unicode space is comprised of 17 planes of 65,536 characters each, which allows for more than one million code points . Planes are further divided into character blocks , which typically hold a character set corresponding to one script—or language. Emoticons are in the character block starting at U+1F600.
Look first. Then leap.
AlignedMA and Cumulative HighLow StrategyCombining the indicators:
1. Aligned Moving Average Index :
2. Cumulative High Low Index :
3. Supertrend
Works best in long only for crypto and precious metals.
My scenario is to present how much you can earn by investing 1000 for full 10 years. Hence, I am using fixed 1000 initial deposit and 100% equity per trade without any pyramiding. This allows us to compare gains to buy and hold.
Voss Predictor (A Peek Into the Future) - Dr. John EhlersI have been sitting on this for over a year, but I now present this "Voss Predictive Filter" multicator employing PSv4.0 upon initial release, originally formulated by the great and empowering Dr. John Ehlers for TASC - August 2019 Traders Tips. This is a slightly modified version of the original indicator John Ehlers designed. My improved implementation is an all-in-one combination of three indicators, consisting of Ehlers' 2-pole bandpass filter, fed into the Voss predictor, and my Correlation Color. I also purposefully attempted to make this indicator work on both "Light" and "Dark" charts equally well.
You can search for this indicator's white paper, entitled "A PEEK INTO THE FUTURE By John Ehlers", on his site in the educational reference section. It's VERY important that you fully grasp how this indicator works and when it doesn't during trending price movements. According to "TV House Rules", I can't link directly to his white paper on his web site. Technically he's a vendor, even though it has been divulged to me, that he is intending to retire after his last and final wØℾk$#Øp, where he is publicly disseminating the bulk of his unpublished proprietary code that drives his other website VERY SOON.
I love John Ehlers in a respectfully appreciative manner and he is my hero in life! I simply don't revel about pretended celebrities and supposed rock stars. I will never be able to adequately explain to you how much he has influenced me AND this website as it currently exists AND what is in store for the future of the ever evolving "Power of Pine". His inspiring legacy of code poetry shall forever be immortally enshrined here on TV and influence it.
Back to the topic of interest, this script originating from John Ehlers' mind... This indicator helps to anticipate cyclic turning points via negative group delay. It is NOT a predictive crystal ball. Do not become cluelessly disillusioned by it's title. I need to explain.
For example, this indicator could not have anticipated that the bold faced lie of "15 Days to Slow the Spread" of the CHImeravirus "plandemic" in the USA, would turn into our factual reality of multi state mandated orders demanding months of unconstitutional prison cell styled lockdowns with closures and the absurd criminalization of not wearing a mouth mask made from underwear while not being evidently ill, additionally combined with 24/7 black magick mass hypnosis spoon feeding non-scientific fear based psychological propaganda from the world's "finest" epidemiological data analysts and misleaders, eventually decimating the world's markets into zombie economies with abhorrent results of long term massive unemployment and financial hardship on a chart scale never before witnessed. Yep, it's NOT capable of predetermining any of that. I just wanted to make that very clear by example in a metaphorical manner many people can relate to concerning Voss' ability to anticipate.
The indicator consists of a bandpass filter coupled to the Voss predictor. Also, one thing about the Voss predictor, it can catch minute turning points or even false ones as explained in the white paper. So... I included my Correlation Color as a fitting companion to aid you in filtering out false signals during trending price movements. The Voss Predictive Filter should never be used alone, be forewarned!
Features List Includes:
Dark Background - Easily disabled in indicator Settings->Style for "Light" charts or with Pine commenting
AND a few more... Why list them, when you have the source code to explore!
When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members , I may implement more ideas when they present themselves as worthy additions. Have a profitable future everyone!
Anchor ZonesL.A. Little, who wrote two books on trend trading, explained a key timing concept called anchor zones which was used, within his trading system, to enter and exit the market at appropriate times.
Anchor zones are formed from anchor bars. An anchor bar is a bar that has one or more of these components: wide range, high volume or gaps. For this script we're going to require two or more of the components. When an anchor bar forms, we'll note the high and low of the bar and draw a zone across time as prices develops. For this script, we'll also note the open and close of the candle to hint at other levels of support or resistance. The boundaries of these zones can act as support or resistance, but they also mark out the areas where price can often get trapped.
A breakout from these zones on high volume can suggest the beginning of a new trend. In general, anchor zones are a good compliment to price action strategies. For more information on how to use these, refer to L.A. Little's books.
References
onlinelibrary.wiley.com
www.tradingsetupsreview.com
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Pocket PivotsPocket Pivots are described in the book "Trade like an O'Neil Discipline" by Dr. Chris Kacher and Gil Morales. There’s no exact definition of Pocket Pivots, but there is an exact definition for the volume signature: The volume should be higher than the largest down volume of the last 10 trading days.
This is a modification of Pocket Pivots. We use the level where the Pocket Pivot occurred and draw a zone across the chart until the criteria for another Pocket Pivot is met again. This way we can use them as support/resistance zones. Instead of the volume being higher than the volume for each of the previous periods, we just use an SMA of the volume and make sure the volume on the final candle is higher than the average for the previous periods. Last but not least, we have the possibility to draw support/resistance levels off the back of different counts. Seven-count for hyper-aggressive pocket pivots, eight-count for aggressive, nine for measured and ten for passive.
Hyper-aggressive Pocket Pivots
Aggressive Pocket Pivots
Measured Pocket Pivots
Passive Pocket Pivots
All
Using "All" to see all the pivots can be messy, but the confluence of support/resistance is more than helpful for defining truly important levels.
People have created a methodology/rules for buying and selling with Pivot Points, but as I understand there's no general consensus on their application, so please do some research before you decide to use them in your trading.
References
www.chartmill.com
www.mypivots.com
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Yang & Zheng Extension of Garman & KlassFirst off, a huge thank you to the following people:
theheirophant: www.tradingview.com
alexgrover: www.tradingview.com
NGBaltic: www.tradingview.com
This is the Yang & Zhang extension of Garman & Klass. The equation was modified to include the logarithm of the open price divided by the preceding close price. As a result, this function uses the open, high, low and close prices to estimate volatility. This modification allows the volatility estimator to account for the opening jumps, but as the original function, it assumes that the underlying follows a Brownian motion with zero drift (the historical mean return should be equal to zero). This estimator tends to overestimate the volatility when the drift is different from zero, however, for a zero drift motion, this estimator has an efficiency of eight times the classic close-to-close estimator (standard deviation).
This script allows you to transform the volatility reading. The intention of this is to be able to compare volatility across different assets and timeframes. Having a relative reading of volatility also allows you to better gauge volatility within the context of current market conditions.
For the signal lie I chose a repulsion moving average to remove choppy crossovers of the estimator and the signal. This may have been a mistake, so in the near-future I might update so that the MA can be selected. Let me know if you have any opinions either way.
References
www.rdocumentation.org
www.quantshare.com
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Parkinson Historical VolatilityFirst off, a huge thank you to the following people:
theheirophant: www.tradingview.com
alexgrover: www.tradingview.com
NGBaltic: www.tradingview.com
The Parkinson Historical Volatility (PHV), developed in 1980 by the physicist Michael Parkinson, aims to estimate the volatility of returns for a random walk using the high and low in any particular period. An important use of the PHV is the assessment of the distribution prices during the day as well as a better understanding of the market dynamics. Comparing the PHV and a periodically sampled volatility helps traders understand the tendency towards mean reversion in the market as well as the distribution of stop-losses.
This script allows you to transform the volatility reading. The intention of this is to be able to compare volatility across different assets and timeframes. Having a relative reading of volatility also allows you to better gauge volatility within the context of current market conditions.
For the signal lie I chose a repulsion moving average to remove choppy crossovers of the estimator and the signal. This may have been a mistake, so in the near-future I might update so that the MA can be selected. Let me know if you have any opinions either way.
References
www.rdocumentation.org
www.ivolatility.com
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Rogers & Satchell Volatility EstimationFirst off, a huge thank you to the following people:
theheirophant: www.tradingview.com
alexgrover: www.tradingview.com
NGBaltic: www.tradingview.com
The Rogers & Satchell function is a volatility estimator that outperforms other estimators when the underlying follows a geometric Brownian motion with a drift (historical data mean returns different from zero). As a result, it provides a better volatility estimation when the underlying is trending. However, the Rogers & Satchell estimator does not account for jumps in price (gaps). It assumes no opening jump. The function uses the open, close, high, and low price series in its calculation and it has only one parameter, which is the period to use to estimate the volatility.
This script allows you to transform the volatility reading. The intention of this is to be able to compare volatility across different assets and timeframes. Having a relative reading of volatility also allows you to better gauge volatility within the context of current market conditions.
For the signal lie I chose a repulsion moving average to remove choppy crossovers of the estimator and the signal. This may have been a mistake, so in the near-future I might update so that the MA can be selected. Let me know if you have any opinions either way.
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Godmode 4.0.2 [Supply/Demand]First off, a huge thank you to the following people:
LEGION:
LazyBear: www.tradingview.com
xSilas: www.tradingview.com
Ni6HTH4awK: www.tradingview.com
sco77m4r7and:
SNOW_CITY: www.tradingview.com
oh92: www.tradingview.com
alexgrover: www.tradingview.com
cI8DH: www.tradingview.com
DonovanWall: www.tradingview.com
shtcoinr: www.tradingview.com
This is the third iteration of Godmode. This time I borrowed the method used by shtcoinr to render supply/demand, resistance and support zones. The idea here is to input the appropriate benchmark tickerid to the asset class you're trading and to paint zones according to the price activity of the selected tickerid. This works very well trying to paint meaningful zones against noisy stocks, currencies, commodities etc. Use a correlation coefficient to determine the best benchmark for your asset class.
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Function for Least Squares Moving AverageThank you to alexgrover for putting me wide to this, after putting up with long conversations and stupid questions. Follow him and behold: www.tradingview.com
What is this?
This is simply the function for a Least Squares Moving Average. You can render this on the chart by using the linreg() function in Pine.
Personally I like to use the slope of the LSMA to help determine what direction to take a trade in, but I'm sure there are other, more exotic ways of using it and, if you know how to get your fingers dirty with Pine, you can create more exotic versions of it by modifying the function provided.
Want to learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Godmode 4.0.1 [Correlator]First off, a huge thank you to the following people:
@LEGION:
@LazyBear: www.tradingview.com
@xSilas: www.tradingview.com
@Ni6HTH4awK: www.tradingview.com
@sco77m4r7and:
@SNOW_CITY: www.tradingview.com
@oh92: www.tradingview.com
@alexgrover: www.tradingview.com
@cI8DH: www.tradingview.com
@DonovanWall: www.tradingview.com
This is my second iteration of Godmode. This time I allowed the possibility to correlate two benchmarks against one another, thereby giving you twice the signals (once there's a strong correlation between the two, inverse or otherwise). That aside, there are no changes to this indicator that the first iteration doesn't have:
There are still more iterations planned, but if you guys have any ideas or wishes regarding what direction I go, then please let me know.
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources as well as any other scripts I publish.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Godmode 4.0.0 [Oscillator]First off, a huge thank you to the following people:
LEGION:
LazyBear: www.tradingview.com
xSilas: www.tradingview.com
Ni6HTH4awK: www.tradingview.com
sco77m4r7and:
SNOW_CITY: www.tradingview.com
oh92: www.tradingview.com
alexgrover: www.tradingview.com
cI8DH: www.tradingview.com
DonovanWall: www.tradingview.com
Since I've been on TradingView I've become somewhat enthralled by Godmode and the collective work that goes in to it, so I decided to publish my own iteration, building off the ideas already present. (This is a great way to get familiar with Pine by the way, just in case there are any beginners reading this)
Changes
The first change I made was to allow the user to select whatever tickerid they wanted as a benchmark. If trading XBTUSD on BitMEX for example, the indicator will react to exchange-specific activity, which means it will respond to all the little whipsaws, whipsaws that can be especially present on a futures exchange. By typing CRYPTOCAP:BTC or CRYPTOCAP:TOTAL we endeavor to remove noise. It can also signal earlier. Less noise and less lag. Another idea would be to choose a benchmark that has a strong inverse relationship with the asset you're trading: try CRYPTOCAP:USDT as the benchmark against BTC to see what I mean.
I also added the ability to smooth the plot, yet again removing noise but adding considerable lag.
The linear regression of the wave-trend is calculated in place of the EMA. This is plotted as columns with the midline (50) as the base. This is just calculating the slope of the wave-trend and can signal a weakening trend before a reversal takes place.
Using cI8DH's True RSI script () as inspiration, I added a function for calculating the True TSI in an attempt to remove any bullish bias. Funnily enough, when I tried to do the same with the RSI I had some problems. I'll try to resolve this in the coming weeks.
Made slight changes to the aesthetics. Tried to bring the two main plots alive by making their bold, opaque colors stand off the subtle tones in the background.
To Do List
1. I would like to sort out the issue with the True RSI.
2. When the plots are smoothed, there's an issue with the green 'Caution!' dots appearing in the lower half of the indicator.
3. I'd like to adjust the code so that if the 'Benchmark' box is empty, that it will automatically register the current tickerid as the 'Benchmark'.
If anyone has any suggestions on other fixes or how to apply the fixes mentioned by me, please don't hesitate to reach out to me here or through other media platforms.
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
BITMEX:XBTUSD
CRYPTOCAP:BTC
CRYPTOCAP:TOTAL
CRYPTOCAP:USDT.D
BO Swing Finder R0.6 by JustUncleLThis indicator alert study attempts to detect confirmed Swing points. It uses Bollinger Band centre line crosses as the main signal. The main detection occurs by looking for the first BB centre line cross that was initiated from outside the Bollinger Channel (alternatively KC channel can be used).
The optional HullMA (any any other MA pair) are used to confirm the swing direction. The indicator also plots the two KitKat Support and Resistance lines with optional High/Low labelling on KitKat1 lines.
This indicator tool is suitable for any time frame and can be traded with Binary Option (even 1min) orders (2-3 candle expiry) or as Forex trade orders. It is suitable for Currencies, Cryptocurrencies and Metals. May also be useful on other markets as well.
The MA filtering options, each MA line can be a different type, with an optional offset:
SMA = Simple Moving Average.
EMA = Exponential Moving Average.
WMA = Weighted Moving Average
VWMA = Volume Weighted Moving Average
SMMA = Smoothed Simple Moving Average.
DEMA = Double Exponential Moving Average
TEMA = Triple Exponential Moving Average.
HullMA = Hull Moving Average, fast moving MA.
SSMA = Ehlers Super Smoother Moving average, similar results to HullMA.
ZEMA = Near Zero Lag Exponential Moving Average.
TMA = Triangular (smoothed) Simple Moving Average.
NOTE: The signal calculations do occur on the current candle, so the state of the signal may re-build until the current candle is closed. I have designed the script to behave this way on purpose. This gives traders the option of
preparing their trade early or even taking the trade early if they want. Otherwise the trader can be more conservative and wait for signal candle to close, to give them a confirmed signal. (This is NOT re-painting as the historical signal states are fixed and will not change, unless you change some setup options.)
Hints:
1) As with all indicator and alerting tools, not all signals will yield a tradable successful swing. You need to apply you own analysis on each signal to determine the probability of success.
2) When using the MA to filter the signals you should use it for two types of filtering:
Supportive that confirm swing like fast moving MAs with fairly short lengths, eg HullMA(21,25).
Long Term Direction with smoother longer length MAs like SMMA(180,220) to show up swings back into direction of the longer term trends.
Inspiration: @Lyiness
References:
Momentum VMA KITKAT CROSS v2.1 by vdubus (- Vdubus_Channel www.vdubus.co.uk)
Bill Williams. Awesome Oscillator (AO) Backtest This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Bill Williams. Awesome Oscillator (AO) Signal Line This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
Strategy Bill Williams. Awesome Oscillator (AO) This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
Bill Williams. Awesome Oscillator (AO) Hi
Let me introduce my Bill Williams. Awesome Oscillator (AO) script.
This indicator is based on Bill Williams` recommendations from his book
"New Trading Dimensions". We recommend this book to you as most useful reading.
The wisdom, technical expertise, and skillful teaching style of Williams make
it a truly revolutionary-level source. A must-have new book for stock and
commodity traders.
The 1st 2 chapters are somewhat of ramble where the author describes the
"metaphysics" of trading. Still some good ideas are offered. The book references
chaos theory, and leaves it up to the reader to believe whether "supercomputers"
were used in formulating the various trading methods (the author wants to come across
as an applied mathemetician, but he sure looks like a stock trader). There isn't any
obvious connection with Chaos Theory - despite of the weak link between the title and
content, the trading methodologies do work. Most readers think the author's systems to
be a perfect filter and trigger for a short term trading system. He states a goal of
10%/month, but when these filters & axioms are correctly combined with a good momentum
system, much more is a probable result.
There's better written & more informative books out there for less money, but this author
does have the "Holy Grail" of stock trading. A set of filters, axioms, and methods which are
the "missing link" for any trading system which is based upon conventional indicators.
This indicator plots the oscillator as a histogram where periods fit for buying are marked
as blue, and periods fit for selling as red. If the current value of AC (Awesome Oscillator)
is over the previous, the period is deemed fit for buying and the indicator is marked blue.
If the AC values is not over the previous, the period is deemed fir for selling and the indicator
is marked red.
Primitive Delta DivergencePrimitive Delta Divergence
This indicator detects volume-price divergences by analyzing the relationship between price direction and volume bias over a rolling lookback period, revealing potential momentum shifts before they become apparent in price action alone.
Instead of relying solely on price movements, you can identify moments when volume sentiment contradicts price direction — a core concept borrowed from footprint chart analysis, adapted for traditional bar charts.
For example, when price moves higher but volume is predominantly bearish, or when price declines while volume shows bullish accumulation.
🔹 How it works
Lookback Period (n) → defines the rolling window for analyzing price and volume relationships
Creates a "meta-candle" from the lookback period, comparing its open vs. close for price bias
Volume classification → separates each bar's volume into bullish (green candles), bearish (red candles), or neutral (doji candles)
Volume bias calculation → generates a continuous score (-1 to +1) representing the directional volume pressure
Plots divergence signals when price direction and volume bias disagree
🔹 Use cases
Spot early momentum exhaustion when price and volume move in opposite directions
Identify potential reversal zones where volume suggests underlying weakness or strength
Enhance entry/exit timing by incorporating volume-based confirmation alongside price action
Apply footprint-style analysis to any timeframe without specialized charting tools
✨ Primitive Delta Divergence reveals the hidden story volume tells about price, uncovering divergences that traditional indicators might miss.
NAS100 Component Sentiment Scanner# NAS100 Component Sentiment Scanner
## 🎯 Overview
The NAS100 Component Sentiment Scanner analyzes the top-weighted stocks in the NASDAQ-100 index to provide real-time bullish/bearish sentiment signals that can help predict NAS100 price movements. This indicator combines multiple technical analysis methods to give traders a comprehensive view of underlying market sentiment.
## 📊 How It Works
The indicator calculates sentiment scores for major NASDAQ-100 components (AAPL, MSFT, NVDA, GOOGL, AMZN, META, TSLA, AVGO, COST, NFLX) using:
- **RSI Analysis**: Identifies overbought/oversold conditions
- **Moving Average Trends**: Compares fast vs slow MA positioning
- **Volume Confirmation**: Validates moves with volume thresholds
- **Price Momentum**: Analyzes recent price direction
- **Market Cap Weighting**: Uses actual NASDAQ-100 weightings for accuracy
## 🚀 Key Features
### Real-Time Sentiment Analysis
- Weighted composite score based on individual stock analysis
- Color-coded sentiment line (Green = Bullish, Red = Bearish)
- Dynamic background coloring for strong signals
### Interactive Data Table
- Shows individual stock scores and signals
- Bullish/Bearish stock count summary
- Customizable position and size
### Smart Signal System
- **Bullish Signals**: Green triangle up when sentiment crosses threshold
- **Bearish Signals**: Red triangle down when sentiment falls below threshold
- **Alert Conditions**: Automatic notifications for signal changes
## ⚙️ Customization Options
### Technical Analysis Settings
- **RSI Period**: Adjust lookback period (default: 14)
- **RSI Levels**: Set overbought/oversold thresholds
- **Moving Averages**: Configure fast/slow MA periods
- **Volume Threshold**: Set volume confirmation multiplier
### Signal Thresholds
- **Bullish/Bearish Levels**: Customize trigger points
- **Strong Signal Levels**: Set extreme sentiment thresholds
- Fine-tune sensitivity to market conditions
### Display Options
- **Toggle Table**: Show/hide sentiment data table
- **Table Position**: 6 position options (Top/Bottom/Middle + Left/Right)
- **Table Size**: Choose from Tiny, Small, Normal, or Large
- **Background Colors**: Enable/disable signal backgrounds
- **Signal Arrows**: Show/hide buy/sell indicators
### Stock Selection
- **Individual Control**: Enable/disable any of the 10 major stocks
- **Dynamic Weighting**: Automatically adjusts calculations based on selected stocks
- **Flexible Analysis**: Focus on specific sectors or market leaders
## 📈 How to Use
### 1. Basic Setup
1. Add the indicator to your NAS100 chart
2. Default settings work well for most traders
3. Observe the sentiment line and signals
### 2. Signal Interpretation
- **Score > 30**: Bullish bias for NAS100
- **Score > 50**: Strong bullish signal
- **Score -30 to 30**: Neutral/consolidation
- **Score < -30**: Bearish bias for NAS100
- **Score < -50**: Strong bearish signal
### 3. Trading Strategies
**Trend Following:**
- Buy NAS100 when bullish signals appear
- Sell/short when bearish signals trigger
- Use background colors for quick visual confirmation
**Divergence Trading:**
- Watch for sentiment/price divergences
- Strong sentiment with weak NAS100 price = potential breakout
- Weak sentiment with strong NAS100 price = potential reversal
**Consensus Trading:**
- Monitor bullish/bearish stock counts in table
- 8+ stocks aligned = strong directional bias
- Mixed signals = wait for clearer consensus
### 4. Advanced Usage
- Combine with your existing NAS100 trading strategy
- Use multiple timeframes for confirmation
- Adjust thresholds based on market volatility
- Focus on specific stocks by disabling others
## 🔔 Alert Setup
The indicator includes built-in alert conditions:
1. Go to TradingView Alerts
2. Select "NAS100 Component Sentiment Scanner"
3. Choose from available alert types:
- NAS100 Bullish Signal
- NAS100 Bearish Signal
- Strong Bullish Consensus
- Strong Bearish Consensus
## 💡 Pro Tips
### Optimization
- **High Volatility**: Increase signal thresholds (±40, ±60)
- **Low Volatility**: Decrease thresholds (±20, ±40)
- **Day Trading**: Use smaller table, focus on real-time signals
- **Swing Trading**: Enable background colors, larger thresholds
### Best Practices
- Don't use as a standalone system - combine with price action
- Check individual stock table for context
- Monitor during market open for most reliable signals
- Consider earnings seasons for individual stock impacts
### Market Conditions
- **Trending Markets**: Higher accuracy, use with trend following
- **Ranging Markets**: Watch for false signals, increase thresholds
- **News Events**: Individual stock news can skew sentiment temporarily
## 🎨 Visual Guide
- **Green Line Above Zero**: Bullish sentiment building
- **Red Line Below Zero**: Bearish sentiment building
- **Background Color Changes**: Strong signal confirmation
- **Triangle Arrows**: Entry/exit signal points
- **Table Colors**: Quick sentiment overview
## ⚠️ Important Notes
- This indicator analyzes component stocks, not NAS100 directly
- Market cap weightings approximate real NASDAQ-100 weightings
- Sentiment can change rapidly during volatile periods
- Always use proper risk management
- Combine with other technical analysis tools
## 🔧 Troubleshooting
- **No signals**: Check if thresholds are too extreme
- **Too many signals**: Increase threshold sensitivity
- **Table not showing**: Ensure "Show Sentiment Table" is enabled
- **Missing stocks**: Verify individual stock toggles in settings
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**Suitable for**: Day traders, swing traders, NAS100 specialists, index traders
**Best Timeframes**: 5min, 15min, 1H, 4H
**Market Sessions**: US market hours for highest accuracy
