Buy Sell IndicatorThis Buy Sell Indicator uses price action calculations to determine the bullish or bearish nature of the current market and then calculates if the price action is strong enough to give a signal. The indicator is fully adjustable so you can fine tune it to fit your specific trading style with Scalp Mode, Swing Mode, Long Swing Mode and candle trailing length. It also has an automatic trailing stop loss and take profit features that can be customized.
For price action identification, scalp mode looks at the candle body, candle wicks and size of the body and wicks and compares all of that to the previous candle to see if it is bullish or bearish. Swing mode will compare the current candle to the last 2 candles and long swing mode will compare the current candle to the last 10 candles. It’s looking for higher highs & lower lows, if the candle body is large or small and much more.
There are also filters that prevent signals from being given when the candle is small or has not made a higher high or lower low compared to the previous candle and multiple other filters to help hold positions longer. Once the price action direction has been confirmed, then the script looks at a massive amount of other calculations to determine if a signal should be given or not. These calculations are made up of all of my best indicators combined into a master signal generator as well as more new calculations from things I have learned over time and tested extensively that have not been made available to the public until now.
Price action as well as many other factors will all have to be confirming the direction before a signal can come in, but it reacts very quickly so it can give early signals at the first sign of reversal. Fine tune your settings to match your trading style from within the input settings and then look for potential reversal areas and take signals that appear in that reversal area for the highest probability of winning trades. I decided not to include any support or resistance or similar tools in order to keep the indicator lightweight and respond as fast as possible as well as update the candles as quickly as possible. This also lets you keep your charts clean and only use the support & resistance tools that you prefer since everyone has a different trading style.
HIGHER TIMEFRAME AND/OR MARKET SCANNER
There is also a higher timeframe scanner available as a separate indicator titled Buy Sell Signal Scanner that you can find on my profile. It can be customized to show you up to 8 higher timeframes of your current ticker or any other ticker you like. This is useful for trading with the trend of the higher timeframes or you can set it to the same timeframe as your chart and scan other tickers that usually move together or opposite for extra confirmation. Each ticker/timeframe will be displayed in a table on the chart and colored green or red depending if it is currently bullish or bearish. If you are using a different timeframe than the current chart, then it will display the timeframe next to the ticker name.
HOW TO USE
CANDLES
The candles will paint blue or orange according to the price action detected. This can be customized or turned on/off and will follow the price action according to the trade mode settings. Using these candle colors helps to get rid of anxiety when watching candles come in that are in the opposite direction of your trade. I highly recommend using this feature as it helps you control your emotions much better during trading.
TRADE MODE
The trade mode settings let you choose between Scalp Mode, Swing Mode and Long Swing mode. They all use the same price calculations, but each mode has its own filters to hold through ranging price action in a slightly different way. You can also adjust the candle trailing length to make it hold positions even longer. The candle trailing length will not let a signal come in until there is a higher high or lower low than the previous X number of candles from this setting.
Scalp mode will get you in and out of positions the earliest. Swing mode will hold signals longer by filtering out ranging price action. Long swing mode uses even more filtering to hold positions even longer than swing mode and let price range more without calling out every move. Each one of these modes will also be affected by the candle trailing length.
It should be noted that using swing mode and long swing mode or increasing the candle trailing length will make the signals not perform as well when price action is whipsawing up and down and also will not have as early of entries and exits as scalp mode due to the range breaks that are needed for a signal to be given. That being said, it will hold positions much longer when markets are trending and still have great entries and exits, so use the longer settings when markets are trending and then switch to scalp mode when the market is chopping around and moving sideways for best results.
Scalp Mode
Swing Mode
Long Swing Mode
STOPLOSS
There is an automatic stoploss feature as well. It calculates the average candle height and adds/subtracts that from the highest high or lowest low of the past X number of candles according to your Stoploss Candle Trail Length. Use a lower number for a tight trailing stoploss and increase the number for a more loose stoploss. You can also customize the color of the stoploss line and label or turn it off if you prefer. The stoploss will update on every candle for proper trailing but it will not switch to an opposing signal until the candle closes with a new signal.
TAKE PROFIT
There is an automatic take profit level generator as well that also uses the average candle height for its calculations. There are 3 settings that let you set the average candle size multiplier for each take profit level. The default settings are evenly spaced at 3, 6 and 9 times the average candle height from where the most recent signal locked in at candle close. Adjust these numbers to suit your preference. You can also customize the color of the take profit lines and label or turn it off if you prefer. The take profit levels will not change to an opposing signal until the opposing signal is confirmed on the candle close.
Auto Stoploss & Take Profit
SIGNALS
The default signals are green and red arrows. The color can be adjusted in the settings or you can turn the bull or bear signals on or off if you only want entry signals for the direction of the trend.
VOLUME SPIKE SUPPORT & RESISTANCE
There are volume based auto support & resistance levels that are off by default, but can be turned on in the settings. It calculates the average volume over multiple periods and gets the average of that and then looks for volume spikes that were greater than the average, multiplied by the volume spike multiplier in the settings. If set to 3, then the volume spike will need to be 3 times or higher than the average volume bar for a level to show up. Increase or decrease this number to get more or less levels.
VOLUME WARNING
If volume is very low compared to normal, then a volume warning label will appear at the top of the chart letting you know that volume is very low and to trade with caution. I recommend not trading during those times though as price can whipsaw very easily.
ALERTS
There are also alerts that can be triggered for buy signals as well as sell signals. They are set to only send signals when the bar is confirmed so you won’t get alerts for signals that repaint while the candle is still open. You can use these alerts to send signals to your own trading bot if you choose to.
MARKETS
This buy sell indicator can be used on any market with price data such as stocks, crypto, forex and futures.
TIMEFRAMES
This buy sell indicator can be used on any timeframe.
PAIRINGS
We recommend pairing this Buy Sell Indicator with our Buy Sell Signal Scanner so you can check other timeframes and trade with the trend or use the scanner to look at other markets that move together or opposite of the ticker you are trading for extra confirmation of direction.
"bot" için komut dosyalarını ara
Assassin's Grid
Introduction: Are you a fan of automated grid-based trading and holding onto your crypto assets like they're the last Snickers bar in the world? If so, this Pine script could be your new best friend!
Grid Trading Genius: The script uses some seriously advanced grid trading techniques to automatically place orders at different price levels, creating a mesh of positions that move with the market like a well-oiled machine. This strategy can be great for traders who are willing to sit back and let their positions grow like a fine wine over time.
Optimization Features: The script comes loaded with all sorts of features and tools to help traders optimize their grid positions, like position exits and custom alerts for creating limit and market orders. This helps keep traders in the loop and allows them to take action as needed, like a ninja in the night.
Unique Twists: One of the unique features of this script is the option to choose between normal or incremental entry steps in a 1,2,3,... ratio. By choosing incremental entries, traders can potentially improve their average price and increase their potential profits like a boss. Just keep in mind that this script doesn't have a stop loss feature, but it does include the option to sell without profit on the final entry or on all entries if desired. Additionally, the script is always open to improvement and any ideas for improving it are welcome, like a blank canvas.
Conclusion: If you love automated trading and have the patience and determination to stick to a solid strategy, this Pine script could be a great fit for you. It's suitable for traders who are comfortable with more complex trading approaches and are willing to put in the time and effort to learn and master the script's various features and techniques, like a Jedi Knight
Day Trading Booster by DGTTiming when day trading can be everything
In Stock markets typically more volatility (or price activity) occurs at market opening and closings
When it comes to Forex (foreign exchange market), the world’s most traded market, unlike other financial markets, there is no centralized marketplace, currencies trade over the counter in whatever market is open at that time, where time becomes of more importance and key to get better trading opportunities. There are four major forex trading sessions, which are Sydney , Tokyo , London and New York sessions
Forex market is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide, but that doesn’t mean it’s always active the entire day. It may be very difficult time trying to make money when the market doesn’t move at all. The busiest times with highest trading volume occurs during the overlap of the London and New York trading sessions, because U.S. dollar (USD) and the Euro (EUR) are the two most popular currencies traded. Typically most of the trading activity for a specific currency pair will occur when the trading sessions of the individual currencies overlap. For example, Australian Dollar (AUD) and Japanese Yen (JPY) will experience a higher trading volume when both Sydney and Tokyo sessions are open
There is one influence that impacts Forex matkets and should not be forgotten : the release of the significant news and reports. When a major announcement is made regarding economic data, currency can lose or gain value within a matter of seconds
Cryptocurrency markets on the other hand remain open 24/7, even during public holidays
Until 2021, the Asian impact was so significant in Cryptocurrency markets but recent reasearch reports shows that those patterns have changed and the correlation with the U.S. trading hours is becoming a clear evolving trend.
Unlike any other market Crypto doesn’t rest on weekends, there’s a drop-off in participation and yet algorithmic trading bots and market makers (or liquidity providers) can create a high volume of activity. Never trust the weekend’ is a good thing to remind yourself
One more factor that needs to be taken into accout is Blockchain transaction fees, which are responsive to network congestion and can change dramatically from one hour to the next
In general, Cryptocurrency markets are highly volatile, which means that the price of a coin can change dramatically over a short time period in either direction
The Bottom Line
The more traders trading, the higher the trading volume, and the more active the market. The more active the market, the higher the liquidity (availability of counterparties at any given time to exit or enter a trade), hence the tighter the spreads (the difference between ask and bid price) and the less slippage (the difference between the expected fill price and the actual fill price) - in a nutshell, yield to many good trading opportunities and better order execution (a process of filling the requested buy or sell order)
The best time to trade is when the market is the most active and therefore has the largest trading volume, trading all day long will not only deplete a trader's reserves quickly, but it can burn out even the most persistent trader. Knowing when the markets are more active will give traders peace of mind, that opportunities are not slipping away when they take their eyes off the markets or need to get a few hours of sleep
What does the Day Trading Booster do?
Day Trading Booster is designed ;
- to assist in determining market peak times, the times where better trading opportunities may arise
- to assist in determining the probable trading opportunities
- to help traders create their own strategies. An example strategy of when to trade or not is presented below
For Forex markets specifically includes
- Opening channel of Asian session, Europien session or both
- Opening price, opening range (5m or 15m) and day (session) range of the major trading center sessions, including Frankfurt
- A tabular view of the major forex markets oppening/closing hours, with a countdown timer
- A graphical presentation of typically traded volume and various forext markets oppening/clossing events (not only the major markets but many other around the world)
For All type of markets Day Trading Booster plots
- Day (Session) Open, 5m, 15m or 1h Opening Range
- Day (Session) Referance Levels, based on Average True Range (ATR) or Previous Day (Session) Range (PH - PL)
- Week and Month Open
Day Trading Booster also includes some of the day trader's preffered indicaotrs, such as ;
- VWAP - A custom interpretaion of VWAP is presented here with Auto, Interactive and Manual anchoring options.
- Pivot High/Low detection - Another custom interpretation of Pivot Points High Low indicator.
- A Moving Average with option to choose among SMA, EMA, WMA and HMA
An example strategy - Channel Bearkout Strategy
When day trading a trader usually monitors/analyzes lower timeframe charts and from time to time may loose insight of what really happens on the market from higher time porspective. Do not to forget to look at the larger time frame (than the one chosen to trade with) which gives the bigger picture of market price movements and thus helps to clearly define the trend
Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
The Fearless Power Suite systemDear TradingView community and followers,
Through my years I have often seen trading systems with many functionalities or indicators that can be customized in numerous ways; however I wanted something that could stomach most trading contexts without having to change settings while allowing me to have the freedom of a clean chart to keep using discretionary trading as confluence.
Using a complex combination of bullish/bearish technical breakouts (looking at general market structure while combining candlestick patterns, exponential moving averages and various indicators that indicate new trends), the aim of this system is to catch safe breakouts and at the same time notify the user of fake outs and unfavorable market conditions.
Settings to be used:
The following settings are to be used; the Fearless Power Suite system (FPS) is based on candlestick closes to correctly identify market conditions and patterns. It is not recommended to change them because waiting for candlestick closes in my opinion adds extra “confirmation” for decision taking.
Len: 14
Source_input: Close
Start: 0.02
Increment: 0.02
Max value: 0.2
How to use the system:
General context: Bias formation for directional trading is formed by looking at the general market structure which in this case is primarily created by looking at the cloud formed by the 2 moving averages. “The cloud” is referred as the space within the 2 moving averages.
One of the lines is the 21 EMA (which is my favorite classical EMA) and a “Super MA” formed by a simple mathematical equation. This allows the trader to always keep an eye on key support and resistance levels and optimize entries by entering at these given levels. The 21 EMA is a must in my opinion to enter bounces within a trend or very aggressive entries while the “Super MA” is rather to find extreme points for market reversals.
Top and bottom warning: Indicators signaling potential bottoms or tops already exist but the warning often comes only after a certain breakdown/breakup already happening but rarely on the candlestick itself.
Example: To give you a bearish signal, indicators often give you a signal on an engulfing red candlestick that follows a smaller green candlestick because it shows weakness, but rarely do you see this warning made on the green candlestick itself! Of course, it’s a signal given with less confirmation but to take partial profit on your trades it is quite effective.
Market structure breakout signals: Taking into account the general structure of the market (trending/ranging) as a result of using volatility and volume as key indicators of this complicated mix, trade signals are often given when it is considered “safe” to enter. The beauty of this, which is decently rare from what I’ve seen, is that during choppy conditions (which are not recommended to be traded) the trader will get fewer signals than usually. This is doable thanks to the volume and volatility monitoring.
The aim of these structure breakout signals is to reduce market noise and only highlight key moments of the market when you should pay attention. The candlestick formations which will create these signals will always have a certain importance from a market structure perspective and so a SL can easily be found at all times when entering during that time.
No trade zones: As previously mentioned one of the features of this system is to notify the trader in case of bad context. 2 different signals might come up “No long” or “No short” which means that from a statistical perspective it is highly recommended not to take a long or short entry in that given signal to avoid disastrous trades.
The “No long”/”No short” function of the system primarily uses Daily Range data which will continue to change during the day until the daily close, information such as Daily Low and Daily High will thus evolve. This means that sometimes this part of the FPS system will repaint but it’s not a common occurrence. This function is mainly used to reduce your current risk in case you are in a trade or to not enter any position, but not a signal for entry on its own.
Concepts combination:
This system will give you a decent amount of trade opportunities, I strongly advice you nevertheless to always find confluence in your decision making with discretionary trading as well if possible. Patience is key as always. Here is a small list of trade combinations to be used to improve results.
Example 1: Entering a position when getting a market breakout signal given after seeing a top or bottom warning on your chart. This is what we could call a “double confirmation”.
Example 2: Using the “Super MA” considered as extreme value for market reversals in a certain timeframe (15minutes for this example) while also looking at the above timeframe (1 hour in this example) for the 21EMA to be situated at the same level for a trending bounce and thus again getting a double confirmation. (Because both timeframes expected a reaction from that level). Seek a market structure breakout signal on the 15 minutes to get even more confirmation and a pre-made Stop Loss.
Limitations:
Although the signals are all created following a strict amount of technical rules not all should be taken. It is the trader’s duty to always find confluence to improve long term results. This is not a “magical bot”; I firmly believe that the best combination in trading comes from new technologies and using human intelligence.
When the Fearless Power Suite system (FPS) is used on a chart where volume data is not available not all functions will be available as volume data is taken into serious consideration for entries and trend following signals. General market structure and part of the FPS system will still be available nonetheless.
PS: The FPS works for every market and every timeframe, I personally mainly use it on cryptocurrencies (and on the SP500 and DXY for added confirmation to get a general grasp of market context).
I hope this description was useful enough :)
Oasis Trading Group: Correlation Table The Correlation Table is an indicator that is used to measure the Correlation Coefficient of multiple assets at the same time in an easy to read table.
A quick introduction into reading a Correlation Coefficient:
A strong positive correlation (one asset moves in one direction the other asset also moves in the same direction) = +1.00
A strong negative correlation (one asset moves in one direction the other asset moves in the opposing direction) = -1.00
Typically you would like to see the correlation strength to be greater than 0.7 or less than -0.7 for there to be a tradable correlation. A reading close to zero would not offer optimal trade entries.
The other data the indicator is showing is the overall trend. This reading is a simple calculation based on the correlation length the user inputs, the indicator will determine if price action is trending up or down based on this length.
The indicator has a reading for the current timeframe that is on the chart and also a second timeframe which is defaulted to the daily.
This indicator is an add-on to the and I hope to have more updates coming soon.
For Access or Questions: Private message us. Thank you.
Modified Color Relative Strength IndexThis indicator is old normal RSI, but I have Modified its Color, to make trade able to investigate the trend easier
This indicator uses the concept of:
- RSI Relative Strength Index
- and Many Different MA (For example EMA SMA RMA LSMA WMA etc.)
There are 2 line displays in this indicator
1) Normal RSI line, Default is set as White color
2) MA line which calculates from RSI, a trader can choose the model to calculate RSIMA in setting
How Modified Color Relative Strength Index work?
We use RSI as we normally use, but the RSIMA is a little different in this Indicator
I use the idea that if RSI is over RSIMA, the Trend seems to be Uptrend which will display as a Green color filled. Same as if RSI is lower than RSI MA that trend seems to be a Down Trend.
With this idea, we can identify the trend of the chart but we still don't know whether the trend is strong or not, to satisfy this problem the change rate of RSIMA came into its role.
Now let me reviewing you some of my 5-grade math ideas:
Remember how to calculate the Average value? that's right we sum all of the values and divide it all by the amount of the number
for example, we want to calculate the average value of 1 2 3 4 5 so it should be (1+2+3+4+5)/5 which is the amount of number and then we get the average value of 1 2 3 4 5 = 3
now apply that concept to the change in RSIMA value
There will be 3 stages of the color displayed in RSIMA
1) Green will be displayed if the rate of change or RSIMA is over X time average rate of change of this RSIMA while trader and change X in the setting (Positive value)
2) Red will be displayed if the rate of change or RSIMA is over X time average rate of change of this RSIMA while trader and change X in the setting (Negative value)
3) Light Blue and Orange (Gray) will be displayed if the rate of change or RSIMA is not over X time average rate of change of this RSIMA while trader and change X in the setting if the recently is red the RSIMA line will be orange while it is green, RSIMA will be color in Light Blue
Green and Red can be a help to confirm, how strong the trend is. While Light blue and Orange mean there is a small amount of change so traders should be prepared to Buy/Sell
Use of Modified Color Relative Strength Index
When the area between RSI and RSIMA is Green and RSIMA is colored in Green, That is a Strong Uptrend
Same a Strong Down Trend, area between RSI and RSIMA need to be RED and RSIMA colored in red too,
other than this is considered as a sideway Trend or weak Trend
Apply RSI with other Indicator
- You can use any indicator that can help you enter the trade easier with it
- I personally use it with MACD, BB Band, and UT Bot Alerts
FIN_BOTthis script is just for test,
can be not correct working, is just for now, soon will be better,
this is for test, and it will be prodaction as soon as possible,
Plasse be shur that you don use it as prodaction.
DB KCBB%D Wave SignalsDB KCBB%D Wave Signals
What does the indicator do?
This indicator is a version of my DB KCBB%D indicator updated with signal detection. It results from weeks of analysis of the KCBB%D waves for patterns. I'm releasing it publicly to help those who like the KCBB%D indicator but desire a version with signals built into it.
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility . You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator, watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Signal
DB KCBB%D Buy Warning Signal
DB KCBB%D Sell Signal
DB KCBB%D Sell Warning Signal
DB KCBB%D Death Cross Sell Signal
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
CFB Utility - Date & TimeCrypto Fusion Bot's new and improved Date and Time Indicator! Avoid trades like never before with new features and time zone compatibility.
New Features Include:
Every Time Zone that little peanut can imagine!
Time declaration down to the 3 minute!
C.F.B. themed colors
Day Start indication
User friendly layout
Price change scalping short and long strategy indicatorPrice change scalping Short and Long indicator uses a rate of change momentum oscillator to calculate the percent change in price between a period of time. Rate of change calculation takes the current price and compares it to a price of "n" periods while the period of time can be defined by a user. The calculated rate of change value is then compared to the upper threshold and the lower threshold values to determine if a position should be opened. If the threshold is crossed and filtering conditions are met a strategy position will be triggered. Entry, take profit, and stop loss prices are calculated and displayed on the chart as well as positions directions. Once the entry price is crossed, a long or short position is created and once the take profit price is crossed, the stop loss price will begin to trail behind the price action using the close of the previous bar. Once the trailing stop price is crossed, the position is closed. If the entry price is not crossed and the price action crosses the stop level, the trade setup is cancelled. The indicator is enhanced by DCA algorithm which allows to average entry price with safety orders. The script also allows to use Martingale coefficient to increase averaging power
Advantages of this script:
The indicator has custom alert settings for each strategy action
The indicator can be used with 3Commas, Cryptohopper, Alertatron or Zignaly bots
High frequency and low duration of trades
Can be used with short-term timeframes ranging from 5 to 60 minutes
Indicator is sustainable to market slumps due to DCA implementation
Can be used for short and long positions (can be adjusted to long only, short only or both)
Can be applied to any market and quote currency
Easy to configure user interface settings
Built in detailed statistic menu
How to use?
1. Apply the indicator to a trading pair your are interested in using 5 to 60 minutes timeframe chart
2. Configure the indicator: change layer values, order size multiple and take profit/stop loss values according to current market cycle stage
3. Set up a TradingView custom alert using the indicator settings to trigger on a condition you are interested in
4. indicator will send alerts when to enter and when to exit positions which can be applied to your portfolio using external trading platforms
5. Update settings once market conditions are changed using backtests on a monthly period
[SCOPO]Scalping BotEnglish, German is found Below
Scalping Indicator (5min Mostly)
- An Indicator that Creates Possible Trades, created on MA's, Volumebased Support and Ressistance and MACD, The Take Profits are created by a Simple Support and Ressitance Indicator (Built In)
- The Indicator sends with the Alert Function Buy and Sell Signals
- These Signals exists from 3 Entrys, 5 Take Profits and 1 Additional Take Profit who should be used after Entry 2/3 has been filled
- If a Signal gets Invalid or an Entry has been filled ,there comes a new Alert
- The Indicator Plots Lines on the Chart for TP/SL and has an Integrated Backtester table
If you got Questions pls Contact me via PM!
Update Rolled out Today (2.9.2022)
- Its now possible to set your own choosen minimal TP, before was 0.3 % and the next Ressistance above would have been taken for longs
- FilterMA can now be choosen from Different MA's via Dropdown menu
- Length of FilterMA can now be set by user
- Those Changes have been done to make it usefull for higher Timeframes too
German
Scalping Indikator
- Kurzbeschreibung: Ein Indikator der mit EMA & Macd und Volumenbasierten Supports/Ressistance Long - & Shorttrades vorschlägt
- Der Indikator sendet mit der Alarm Funktion Kauf und Verkaufsignale
Diese Signale bestehen aus 3 Entrys, 5 Take Profits sowie 1 Additional Take Profit der Aktiv wird nachdem der Entry 2 / 3 gefüllt wurde
Sollte ein Signal Invalidiert werden dann kommt ein erneuter Alarm
Sollte der 1.Entry gefüllt werden dann kommt auch ein Alarm
- Der Indikator gibt visuell auf dem Chart Linien für TP/SL wieder und besitzt auch ein Integriertes Info Fenster für ehemalige Trades.
- Die TP's werden durch eine eingebaute Support/Ressistance Funktion ausgewählt.
Alle verbesserungsvorschläge bitte per PN an @ridicolous
Update vom 2.9.2022
- Es wurde die möglichkeit mindest TP's zu setzen hinzugefügt
- Die FilterEMA kann nun aus einer Auswahl verschiedener MA's ausgewählt werden
- FilterMA längen können nun angepasstwerden
- Diese Aenderungen wurden hinzugefügt um das Skript auch auf höheren Timeframes laufen lassen zu können
MACD ULTRA with ALERTS - by OVARIDE WORK IN PROGRESS!
Coded by OVARIDE (littlegreenfish)
Made to be used with Dark Theme. Made to be used with Heikin Ashi bars (You can enable Real Price from chart settings). Test and use at your own risk. Not recommended for NEW/ INEXPERIENCED TRADERS using this for short-timeframe scalping. Bot integration is possible for high timeframes using the built-in alerts as a trigger via webhooks
Features
This is a reworked MACD code with added buffs for traders wanting more information from this basic indicator.
What this indicator does -
1. Plots a traditional MACD indicator with full input control from within the settings. All colors and values are editable , as you would expect from the standalone indicator.
2. Adds shape to the chart when MACD crosses over Signal line, while both MACD and Signal lines are below the ZERO line.
3. Adds shape to the chart when MACD crosses over ZERO line.
4. Highlights trend direction. Purple = Up Trend Likely , Yellow = Up Trend may end (use caution) , Red = Strong Down Trend Begins.
5. Ability to set alerts for -
a) When MACD crosses Signal Line.
b) When MACD crosses Zero line.
c) When an Up Trend is likely to begin.
d) When an Up Trend is slowing and may end.
e) When a Strong Down Trend begins.
Considerations -
1. Traders may use this indicator in conjunction with an existing strategy to confirm entries and exits. Traders may also use this indicator as a standalone indicator to assist with entries and exits.
2. Possible Long entries -
a) When MACD crosses Signal line while blow the Zero Line
b) When MACD crosses Zero
c) When Up Trend is Likely to begin and the background is highlighted in purple.
3. Possible stop-loss / exits (Omitted MACD crossing below Signal line and MACD crossing below Zero line)
a) When Up Trend Is slowing and the background is highlighted Yellow
b) When a Strong Down trend begins and the background is highlighted in Red. All open long position trades should be ended here.
4. The trend algorithm is hard-coded. Changing the MACD and Signal values from within the settings WILL NOT change the result of when and how the trend directions are highlighted.
5. Trend highlights are ONLY A GUIDE . You can still take entry positions in non-highlighted, yellow or red regions if your overall technical analysis tells you to.
UPDATE NOTES (IF ANY) WILL BE PUBLISHED BELOW
DB KCBB%D WavesDB KCBB%D Waves
What does the indicator do?
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility. You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Zone Alert
DB KCBB%D MEDIUM Buy Alert
DB KCBB%D STRONG Buy Alert
DB KCBB%D Sell Alert
DB KCBB%D STRONG Sell Alert
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
Optimal Confidence Scalper [OCS]Introduction
OCS : Optimal Confidence Scalpers, Utilise the computational approach towards finding confidence estimating in signal generating process, It helps u enter and exit the financial markets quickly, It buy and sell many times in a day with the objective of making consistent profits from incremental movements in the traded security's price. As we all know Lag is very undesirable because a trading system. Late trades can many times be worse than no trades at all, Main aim of the System is to find optimal Entry and Exit points for a successful trade
Mathematics behind the indicator
The indicator use two fundamentals pillars :
Estimation of a Confidence Interval
In frequentist statistics, a confidence interval (CI) is a range of estimates for an unknown parameter. A confidence interval is computed at a designated confidence level; the 95% confidence level is most common, but other levels, such as 90% or 99%, are sometimes used.
Desired properties are Validity, Optimality and Invariance
Polynomial Filters
The polynomial filters are based on the orthogonal polynomials of Legendre and Laguerre. Orthogonal polynomials are widely used in applied mathematics, physics and engineering, and the Legendre and Laguerre polynomials are only two of infinitely many sets, each of which has its own weight function.
They can be characterized in three equivalent ways:
1. They are the optimal lowpass filters that minimize the NRR, subject to additional constraints than the DC unity-gain condition
2. They are the optimal filters that minimize the NRR whose frequency response H(ω) satisfies certain flatness constraints at DC
3. They are the filters that optimally fit, in a least-squares sense, a set of data points to polynomials of different degrees.
The System uses Predictive Differentiation Filters, as subset to Polynomial Filters
Components of the System
Buy Signal and Sell Signals
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=====================------ HOW TO USE IT
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ENTRY and EXITS
Momentum Bands
Confidence Levels
Indicator Properties
Provision For Alerts
1. Buy Signal Alert
2. Sell Signal Alert
3. Exit Alert if in Buy Trade
4. Exit Alert if in Sell Trade
Some Examples
What TimeFrames To Use
U can use any Timeframe, The indicator is Adaptive in Nature,
I personally use timeframes such as : 1m, 5m 10m, 15m, ..... 1D, 1W
How to Access
U will need to privately message me.
use comment box for constructive comments
Thanks
Stock Tech Bot One ViewTechnical indicators are not limited. Hence, here is another indicator with the combination of OBV, RSI, and MACD along with support, and resistance that follows the price while honoring the moving average of 200, 90 & 50.
The default lookback period of this indicator is 21 though it is changeable as per the user's desire.
The highest high and lowest low for the last 21 days lookback period proven to be the perfect Support & Resistance as the price of particular stock values are decided by market psychology. The support and resistance lines are very important to understand the market psychology which is very well proven with price action patterns and the lines are drawn based on,
Lower Extreme = 0.1 (Changeable)
Maximum Range = 21 days highest high - 21 days lowest low.
Support Line = 21 days lowest low + (Maximum Range * Lower Extreme)
Resistance Line = 21 days highest high - (Maximum Range * Lower Extreme)
RSI - Relative strength indicator is very famous to find the market momentum within the range of 0 - 100. Though the lookback period is changeable, the 14 days lookback period is the perfect match as the momentum of market movement for the last 3 weeks will always assist to identify the market regime. Here the momentum is just to highlight the indication (green up arrow under the candle for long and red down arrow above the candle for short) of market movement though it is not very important to consider if the price of the stock respect the support & resistance lines along with volume indicator (* = violet color).
OBV - Momentum:
The on-balance volume is always going indicator on any kind of tickers, which helps to identify the buying interest. Now, applying momentum on OBV with the positive movement for at least two consecutive days gives perfect confirmation for entry. A combination of the price along with this momentum(OBV) in the chart will help us to know the whipsaw in the price.
The Symbol "*" on top of each bar shows the market interest in that particular stock. If your ticker is fundamentally strong then you can see this "*" even when the market falls.
MACD:
One of the favorites and simple indicators widely used, where the thump of the rule is not to change the length even if it is allowed. It's OK to believe blindly in certain indicator and consider it while trading. That's why the indicator changes the bar color by following the MACD histogram.
Volume:
It may be the OBV works based on the open price and close price along with volume movement, it is wise to have the volume that is plotted along with price movement that should help you to decide whether the market is greedy or fearful.
The symbol "-" on top of each bar tells you a lot and don't ignore it.
Moving Average:
Moving average is a very good trend indicator as everyone considers seeing along with the price in the chart which is not omitted while we gauge the price movement alone with volume in this indicator. The 200, 90 & 50 MA's are everyone's favorite, and the same is plotted on the chart.
As explained above, the combination of all four indicators with price movement will give us very good confidence to take entry.
Candlestick Pattern:
You should admire the techniques of the candlestick pattern as you navigate the chart from right to left. Though there are a lot of patterns that exist, it is easy to enable and disable to view the signal as the label.
Further, last but not least, the exit always depends on individual conviction and how often the individual watch the price movement, if your conviction is strong then follow the down arrow red indication. If not, then exit with a trailing stop that indicates the bar with orange color.
Happy investing
Note: It is just a combination of multiple indicators and patterns to get one holistic view. So, the credit goes to all wise developers who publically published.
othman mekouar script version 4its a mix of ema, atr and ut bot alerts, its provide entries with the buy and sell signals
for me as a scalper the best time frame is the 1 min time frame
i took calls when the signal (buy) is above the 200 ema (the yellow line)
i took puts when the signal (sell) is bellow the 200 ema (the yellow line)
the taking profit or stop loss is the ATR line
i look also a lot at the trend lines, a signal with a break above or below the trend line confirms me a A+ setup
the think that i like the most about this strategy is your risk reward, usually i lose maybe 5 to 15% on a trade but i can win sometimes more than 100% in one trade)
There is also a lot of ways to adapt the indicator to the time frame you trade, as a scalper use the 1 min time frame, if you are a swing trader, you can use the 15min time frame or the 1h time frame, if you are a long term trader, you can use the 4h or daily time frame
feel free to contact me if you need any help
lets make money
Unicorn X-AlgoUnicorn X-Algo is a multifunctional trading indicator. It is designed to help traders make real-time decisions using quantitative models.
Its core is a trend trading strategy based on our enhanced Trailing Stop-Loss algorithm. This strategy provides the user with position entry and exit signals. It is customizable and has a built-in instant backtesting feature.
For those who have difficulty with finding the good settings the indicator has the Automatic Mode. In this mode, there is no need for the user to adjust any settings. The indicator calculates optimized trading signals automatically.
In addition, the indicator provides a number of useful tools that aim to provide additional confirmation to the trading signals. They include: support and resistance levels forecast, price range prediction and institutional activity detection.
The script can send real-time alerts to the user’s Email and to the cell phone via notifications in the TradingView app.
The indicator can be used for various types of trend and swing trading, including positional trading, day trading and scalping.
Unicorn X-Algo allows users to:
forecast direction of trends with BUY and SELL signals;
determine the right time to close a position;
detect institutional activity in the market;
forecast key support and resistance levels;
predict the future price range for any market;
customize any settings and do a backtest with one click;
see historical trades on the chart;
use the fully Automatic Mode where the algorithm optimizes all its settings itself.
When using this script, keep in mind that past results do not necessarily reflect future results and that many factors influence trading results.
FEATURES
Trading signals
The feature calculates trend or swing entry and exit signals. The underlying strategy does not use fixed Take-Profit levels. It trails the price with a Trailing Stop-Loss to get as many pips as possible from price movements.
The feature is based on our custom Volatility Stop algorithm. It uses linear regressions instead of averaging. As our practice shows, this helps to reduce signal lag while keeping the number of false signals low.
Trading signals are customizable with Sensitivity and Trade Length parameters which determine the trading signals frequency and width of the Trailing-Stop levels, respectively.
Automatic Mode
The Trading Signals function has an automatic mode. When it is turned on, you do not need to adjust the trading signals settings. The algorithm tries to calculate the best settings automatically using an optimization algorithm.
In this mode, Buy and Sell signals are displayed as green and red triangles respectively. There are two types of exit signals displayed as circles and crosses. A circle signal means that a price reversal is expected and you can partially close the position. A cross signal means that a trading signal in the opposite direction is expected soon and you can partially or completely close your position.
Support and Resistance Levels
Support/Resistance levels forecasting model. The forecasted levels are non-repainting. Once calculated for a specified period in the future (day, week, month, etc.), they don't change during this period.
The feature allows the trader to plan trades and use the forecasted levels as entry levels and targets for opening and closing positions. Both intraday and higher timeframes are supported.
The forecasting model analyses the distribution of the price time series to find clusters in the data. These clusters are then used to make the key price levels forecast.
Big Money Activity detection
The Big Money Activity tool identifies areas on the price chart associated with instructional traders' activity in the market.
Institutional activity in a trending market can be a leading signal for upcoming reversal. Institutions could be fixing their profit, causing the price to move against the current trend.
Institutional activity in a sideways market can be due to positions accumulation and signal a new trend formation.
The algorithm uses tick volume, volume, and volatility data to forecast activity of institutional investors. The method develops the idea described in the Daigler & Wiley (2015) and Shalen (1993) works. It says that when institutional traders actively open or close their positions in the market, a divergence between volume and volatility time-series arises. It can be due to their use of position-splitting algorithms that reduce the impact of their positions on the market.
Trading Range Forecast
Trading Range Forecast feature predicts the price range of an asset for a selected period of time in the future, called Forecast Horizon. It can be the next day or 12-hour trading session. This function works if your chart timeframe is intraday (i.e. the timeframe below "D"). It shows the upper and lower bounds between which the price is going to stay in the upcoming Forecast Horizon period.
Instant Backtesting
After changing any settings, you can immediately see the performance of the strategy on the Instant Backtesting panel. Two metrics are displayed there - the percentage of profitable trades and the total return. This information, as well as the historical trades shown on the chart, will help you quickly and easily evaluate any settings you make.
SETTINGS
TRADING SIGNALS
Trade Length - defines the length of the trades the algorithm tries to make. Recommended values are from 1.0 to 6.0.
Sensitivity - controls the sensitivity of the trading signals algorithm. The sensitivity determines the density of trading signals and how close the trailing-stop levels follow the price. The higher the value of this parameter is, the less sensitive the algorithm is. High values of the Sensitivity parameters (100-500) can help to withstand large price swings to stay in longer price moves. Lower values (10-100) work well for short- and medium-term trades.
TRADING TOOLS
Big Money Activity - turns on and off the identification of the areas associated with institutional traders activity.
SUPPORТ AND RESISTANCЕ LEVELS
Show Support And Resistance Levels - turns on and off support and resistance levels calculation.
TRADING RANGE FORECAST
Show Trading Range Forecast - turns on/off trading range forecasting
Forecast Horizon - sets the period for which the trading range forecast is made
Forecasting Method - allows to choose a forecasting algorithm for the trading range forecast.
BACKTESTING
Use Starting Date - turns on/off the starting date for the strategy and backtests. When off, all available historical data is used.
Starting Date - sets the starting date for the strategy and backtests.
Show Instant Backtesting Dashboard - turns on/off a dashboard that shows the current strategy performance: the percentage of profitable trades and total return.
Leverage - sets the leverage that the strategy uses.
Unicorn QuantDeeply customizable trading algorithm with instant backtesting. It emulates real trading and displays all the actions it takes on the chart. For example, it shows when to enter or partially close a position, move Stop-Loss to breakeven, etc. The user can replicate these actions in their trading terminal in real time. The algorithm uses up to three Take-Profit levels, and a Stop-Loss level that can move in a trade to protect the floating profit.
The script can send real-time alerts to the user’s Email and to the cell phone via notifications in the TradingView app.
The indicator is designed to be used on all timeframes, including lower ones for intraday trading and scalping.
HOW TO USE
Set the Stop-Loss and up to three Take-Profit levels. Choose the rules for moving the Stop-Loss level in a trade. Adjust the sensitivity of the trading signals. And check the backtest result in the Instant Backtesting dashboard. If the performance of the strategy satisfies you, proceed with the forward testing or live trading.
When using this script, please, keep in mind that past results do not necessarily reflect future results and there are many factors that influence trading results.
FEATURES
Trading Signals
The feature calculates Buy and Sell signals for trend or swing trading. The user can change the Sensitivity parameter to control the frequency of the signals. This allows them to be adjusted for different markets and timeframes.
Position Manager
To make the Position Manager setup as easy as possible, the algorithm calculates Stop-Loss and Take-Profit levels in Average True Range (ATR) units. They are self-adjusting for any market and timeframe, since they account for its average volatility .
You don't have to worry about what market you are trading - Forex, Stocks, Crypto, etc. With the self-adjusting Stop-Loss and Take-Profit, you can find settings that work for one market and use the same numerical values as a starting point for a completely different market.
Instant Backtesting
After changing any settings, you can immediately see the performance of the strategy on the Instant Backtesting panel. Two metrics are displayed there - the percentage of profitable trades and the total return. This information, as well as the historical trades shown on the chart, will help you quickly and easily evaluate the settings.
SETTINGS
TRADING SIGNALS
Sensitivity - controls the sensitivity of the trading signals algorithm. It determines the frequency of the trading signals. The higher the value of this parameter, the less trading signals you get and the longer trends the algorithm tries to catch. The lower the sensitivity value, the more signals you receive. This can be useful if you want to profit from small price movements.
POSITION MANAGER
SL - sets the Stop-Loss level measured in ATR units.
TP1, TP2, TP3 - set the Take-Profit levels measured in the ATR units.
Close % at TP1, Close % at TP2, Close % at TP3 - set portions of the open position (as a percentage of the initial order size) to close at each of the TP levels.
At TP1 move SL to, At TP2 move SL to - set the rules for moving the Stop-Loss level in an open trade to protect the floating profit.
Show Open Position Dashboard - turns on/off a dashboard that shows the current Stop-Loss and Take-Profit levels for the open position.
BACKTESTING
Use Starting Date - turns on/off the starting date for the strategy and backtests. When off, all available historical data is used.
Starting Date - sets the starting date for the strategy and backtests.
Show Instant Backtesting Dashboard - turns on/off a dashboard that shows the current strategy performance: the percentage of profitable trades and total return.
Leverage - sets the leverage that the strategy uses.
Pyramiding Order Volume CalculatorThis is a script to calculate the order volume for the current symbol given your current portfolio value and how many orders you want to place. This is useful when using a strategy that places pyramiding orders and your bot won't automatically divide up your portfolio.
NLX Trading Bot Framework (+Trend Score & QQE)- Demo of my NLX Modular Trading Framework -
It includes all the common indicators and creates a positive or negative score, which can be used with my Modular Trading Framework and linked to an entry/exit indicator to filter out buy/sell signals if the trend is not favorable.
Combination of:
SuperTrend
VWAP Bands
Relative Strength Index ( RSI )
Commodity Channel Index ( CCI )
William Percent Range (WPR)
Directional Movement Index (DMI)
Elder Force Index ( EFI )
Momentum
Demarker
Parabolic SAR
- Getting Started -
1. Add this Trend Index to your Chart
2. Add one of my Indicator Modules to your Chart, such as the QQE++ Indicator
3. In the QQE Indicator Settings combine it with the Trend Index (and choose L1 Type)
4. Optional: Add the Noise Filter, and in the Noise Filter Settings you select the QQE Indicator as combination (and choose L2 for Type)
5. Add the Backtest Module to your Chart
6. Select the Noise Filter in the Backtest Settings
- Access -
Only as part of the NLX Framework - see my signature below for more info.
ATR alerts & backtestingThe Basics
Alert will trigger if the current (real time) price surpasses the high of the ATR of the previous bar. (can also be set for the Low of the ATR). Each time the follow up candle surpasses the high of the previous ATR, the background will be coloured orange. This makes back testing easier on the eye. This can be turned off.
- Colours can be changed.
- Can also set a color and alert when the current price surpasses the Low of the ATR of the previous bar.
- ATR distance can be changed.
- Can be used on different chart types.
- Can be used as entry or exits in combination with bots.
- Can display only ATR top or bottom or both.
Example
An alert will trigger if the price of the current bar surpasses the red dot (ATR) of the previous bar.
Alerts can be created on all timeframes, if this is within your Tradingview plan.
Final Words
Disclaimer: Please use it with care and at own risk. The owner of this indicator is not liable for any financial losses.
Past performance is no guarantee of future returns.
Date and Time ConfirmationCustom Date and Time Confirmation.
You can set which days you don't want the bot to trade, specific times of day, and custom date ranges.
A walkthrough lesson can be found here:
