Short Swing Bearish MACD Cross (By Coinrule)This strategy is oriented towards shorting during downside moves, whilst ensuring the asset is trading in a higher timeframe downtrend, and exiting after further downside.
This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to hodl this cash, or use it to reinvest when the market reaches attractive buying levels. Alternatively, you can use this when trading contracts on futures markets where there is no need to already own the underlying asset prior to shorting it.
ENTRY
This script utilises the MACD indicator accompanied by the Exponential Moving Average (EMA) 450 to enter trades. The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 11-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9.
The EMA 450 is used as additional confirmation to prevent the script from shorting when price is above this long-term moving average. Once price is above the EMA 450 the script will not open any shorts - preventing the rule from attempting to short uptrends. Due to this, this strategy is ideal for setting and forgetting.
The script will enter trades based on two conditions:
1) When the MACD signals a bearish cross. This occurs when the EMA 11 crosses below the EMA 26 within the MACD signalling the start of a potential downtrend.
2) Price has closed below the EMA 450. Price closing below this long-term EMA signals that the asset is in a sustained downtrend. Price breaking above this could indicate a bullish strength in which shorting would not be profitable.
EXIT
This script utilises a set take-profit and stop-loss from the entry of the trade. The take profit is set at 8% and the stop loss of 4%, providing a risk reward ratio of 2. This indicates the script will be profitable if it has a win ratio greater than 33%.
Take-Profit Exit: -8% price decrease from entry price.
OR
Stop-Loss Exit: +4% price increase from entry price.
Based on backtesting results across a selection of assets, the 45-minute and 1-hour timeframes are the best for this strategy.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
The backtesting data was recorded from December 1st 2021, just as the market was beginning its downtrend. We therefore recommend analysing the market conditions prior to utilising this strategy as it operates best on weak coins during downtrends and bearish conditions, however the EMA 450 condition should mitigate entries during bullish market conditions.
Komut dosyalarını "crypto" için ara
RVol Over Time [vnhilton]I recommend to do the following to give you indicator values at a better glance & for a cleaner chart: 1) Turn off labels on price scale. 2) Turn down opacity for Rvol-O-T down to 0%. 3) Move the indicator to the chart pane or to the volume pane. 4) Pin the indicator to scale A (same scale as the price chart/pane). Now you can only see the RVol-O-T on the top left.
Relative Volume (RVol) is an indicator that compares current volume with Average Daily Volume (ADV) for a set period of time. This can be used to find tickers in play, as those trading with an RVol >1 means it's trading above average volume, which may be worthy of your attention.
This indicator calculates RVol as the day progresses, which may be useful if you have strategies with an intraday criterion e.g. the ticker needs to be trading at Rvol > 2, 30 minutes after the open for stocks (You can see RVol in % or float form).
The chart snapshot image above shows BTCUSDT. Reason for this ticker is because for cryptocurrencies & forex pairs, market data is complete so this indicator can work correctly. If you try this indicator on stocks, indices or futures, you may notice that there's a discrepancy between daily volume candles & the summation of intraday candles (they don't equate each other - huge difference between the 2), causing the indicator to not work as effectively. To solve this problem, you would have to get extra market data from TradingView, or to integrate your broker with TradingView to pass along your broker's data feed (provided your broker also has real-time data - if not you may need to get extra market data via the broker).
Indicator for proxy BTC and ALT dominanceThis indicator calculates a proxy for BTC dominance and ALT domance from total crypto cap by removing USDT and USDC. The indicator has 4 plots:
Proxy BTC Dominance = BTC dominance / (total crypto cap - stablecoin cap)
Proxy ALT Dominance = (Total crypto cap - stablecoins - btc cap) / (total crypto cap - stablecoin cap)
A reference plot of BTC Dominance
A reference plot of Stablecoin dominance
4 main Stablecoin MarketCapThis indicator summarized 4 main stablecoin marketcap (USDT, USDC , BUSD, DAI).
It is given that most of the transactions of cryptocurrencies are traded by stablecoins, and USDT, USDC , BUSD and DAI shared 90%+ of the stablecoins market capacity. Therefore, by summarizing these 4 main stablecoins total market capacity, can reflect the overall demand power.
When the indicator goes up, it is expected that the overall market demand will increase.
When the indicator goes down, it is expected that the cryptocurrencies market might be in a recession.
This indicator could be more useful in a longer timeframe, day-trade or even shorter might not be the suitable timeframe.
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V2 update
Separate 4 sectors and shadowed in different colors for 4 different stablecoins for more accurated view.
MACDPROThis MACDPRO indicator is based on MACD, RSI, ADX, BB and it has LONG/SHORT alerts for signals
In script settings you can specify:
1) Dispertion value, 3 by default.
2) Noise filter smooth factor, 16 by default.
3) Enable/Disable RSIPROv5 TrendIndicator algorythm
4) Setting RSI Overbought and Oversold values
5) Enable/Disable stop loss and take profit filter for indicator
6) Enable/Disable BB
Best fits for 30-60 min timeframe. Also good for 15min scalping strategy. Fits for any crypto coins, forex, metals, oil and bonds.
This is very powerfull script and will be private soon
Directional Movement IndexADX is an oscillating indicator, displayed as a single line, ranging from 0 to 100, it only indicates the strength of the trend and does not indicate its direction. In other words, the ADX is non-directional, meaning that it measures the strength of a trend, but doesn’t distinguish between uptrend and downtrends. So, during a strong uptrend, the ADX rises and during a strong downtrend, the ADX also rises.
Here is how you correctly read what ADX is saying about the market. Here are 5 aspects regarding the interpretation of the ADX:
1- When ADX is above 25, trend strength is strong. Usually, once the ADX gets above 25 this signals the beginning of a trend. Big moves (upwards or downwards) tend to happen when ADX is right around this number. You can experiment with this number, some traders that want faster signals, tend to use a 20 threshold when trading with the ADX.
2- When ADX is below 25, traders must avoid trend trading strategies as the market is in accumulation or distribution phase. So, when we see the ADX line below 20 or 25 level, we forget about trend following strategies and we apply strategies suitable for a ranging market.
3- When ADX is above 25 and Positive Directional Movement Indicator (+DMI) is above the Negative Directional Movement Indicator (-DMI). ADX measures the strength of an uptrend. The crossover between the 2 Directional Movement Indicator, as the ADX line is well above 25 can result in an excellent bullish move.
4- The Positive Directional Movement Indicator (+DMI) should be above the Negative Directional Movement and the ADX should be above 25 signals for a strong upward trend for long opportunities. When ADX is above 25 and Positive Directional Movement Indicator is below the Negative Directional Movement Indicator, ADX measures the strength of a downtrend and short opportunities.
5- Values over 50 of the ADX indicate a very strong trend
There are pros and cons of ADX.
So, why is the ADX useful for traders: First, is excellent at quantifying trend strength. Also, it allows traders to see the strength of bulls and bears at the same time. It is good at filtering out trades, during accumulation periods and is good at identifying trending conditions.
But the ADX also has its limitations. The most important disadvantage is the fact that ADX is a lagging indicator that follows the price, so we must be very careful when we apply this indicator, because we might miss the inception of the trend and join it when it’s nearly over.
Also, it offers many false signals when used on shorter time frames, so it’s advisable to trade it on higher time frames Also, the ADX does not contain all of the data necessary a for proper analysis of price action, so it must be used in combination with other tools or indicators.
Now that we fully covered the good and the bad regarding ADX, let’s see how it is used in a trading strategy.
The trading strategy involves a DMI crossover, confirmed by ADX above consolidation threshold. If +DMI crossover, we take long position and if -DMI crosses over, we take a short position.
Candles are re-colored for easy demonstration of uptrend, downtrend and consolidation periods.
Green candles – ADX > Consolidation Threshold and +DMI > -DMI
Red candles – ADX > Consolidation Threshold and +DMI < -DMI
Black candles – ADX < Consolidation Threshold
Repaint – This is a non-repainting strategy - All the signals are generated at candle closing. All the calculations are made on previous candle’s open, high, low, close. No request security function is used. No data is being used from higher time frame. Trade exit uses close function instead of exit to avoid limit orders. Only one long trade at a time (no pyramiding) is allowed.
Strategy Time frame – D (To filter out false signals, higher time frame is recommended)
Strategy For – Swing Traders
Assets – Cryptocurrencies + Stocks
Cipher Twister - Long and ShortINTRO / NOTES:
This script is based on Market Cipher B Oscillator by Falcon
The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot.
The script also differs from the original that it has been upgraded to Pinescript v4
This oscillator can be used with ALL time frames, but generally works the best on 15 minute and 1 hour charts on ANY market, no matter, stock, forex, crypto, spot, futures, derivatives, Nasdaq etc...
DEFINITIONS:
This oscillator forms the foundation of Buy and Exit of Long and Short Trades.
There are 2 'Red' Lines at the top of the channel and 2 Green Lines at the bottom of the channel.
These two channels are set at default to be +53 / -53 and +60 / -60 respectively. These two lines will serve as the threshold point if one is to make cautious trades only.
There is a center line which divides the Oscillator into two parts. Above the center line, the market is in over bought territory and Below the center line is in over sold territory.
'Red' dots are drawn by the indicator to represent a potential Short (or a signal to exit from a Long position)
'Green' dots are drawn by the indicator to represent a potential Long (or a signal to exit from a Short position)
The 'Red' and 'Green' dots are draw when a Cross between both wt1 & wt2 cross, thus providing a fantastic indication of potential trend reversal and entry/exit of a position.
STRATEGY NOTES:
The strategy to use this indicator with for realistic and proper results would be to use it with an automated Trading Bot such as Profit Trailer (PT-BOT)
You could use this strategy manually, however it would mean you would need to sit in front of the screen all day and night long and activate the trades immediately after the 'red'/'green' dots are drawn. Usually this will result in non-optimal entries and exits as well as loss on various instances when a 'red' and 'green' dot are printed close together (which is usually when the market goes into correction/consolidation) and slow entries/exits will result in a loss rather than a small profit or exit at BE (Break Even)
ACTUAL STRATEGY (For use with automated bot)
To be used in conjunction with Heikin Ashi Candles for added cautionary measures
For LONGs ONLY
--------------------
1/ When 'Green' dot is drawn, ACTIVATE Long Position
(Use 1.5% Risk Management for each trade)
(Use Lot size based on 1.5% risk management and xLeverage (if any))
2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management
3/ When 'Red' dot is drawn, CLOSE Long Position.
*If you want to add extra caution to your trade, only activate the trade if the 'Green' dot is BELOW the 'Green' Markers
*For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration
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For SHORTs ONLY
--------------------
1/ When 'Red' dot is drawn, ACTIVATE Short Position
(Use 1.5% Risk Management for each trade)
(Use Lot size based on 1.5% risk management and xLeverage (if any))
2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management
3/ When 'Green' dot is drawn, CLOSE Short Position
*If you want to add extra caution to your trade, only activate the trade if the 'Red' dot is Above the Red Markers
*For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration
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Supplementary Notes:
Make sure that your bot configuration will only activate ONE TRADE when the 'Green'/'Red' dot appears.
Occasionally during high volatility , 'red'/'green' dots will appear intermittently before remaining drawn, thus the oscillator 'redraws' the dots during market movement.
There will be times where occasionally a 'green' dot or a 'red' dot will appear, the trade will be opened, but the trade will fail due to the market manipulation (algorithm/market maker bots/fake volume etc), to wipe out those trading on derivatives and futures markets using leverage. Do not worry about this, no bot can make 100% wins, no strategy will achieve 100% win ratio and one necessarily doesn't need a high win ratio when using strict money management practices with your trading for SL and lot size.
If you use this method, you will see great results, but again I must stress, using this method with a fully automated bot is the only way to achieve proper results.
two BollingersThe Double Bollinger Band consists of an average and two Bollingers and two backgrounds, each of which has separate settings and can be approved more strongly for trades. Moves and vice versa. With the price chart coming out of the second band, the price is much more likely to move in the same direction.
To use this feature, we had to use two Bollinger indicators with different settings at the same time, but we no longer need to do this with the Double Bollinger .
Its main use is crypto, but it can be used in all markets
Booz StrategyBooz Backtesting : Booz Backtesting is a method for analyzing the performance of your current trading strategy . Booz Backtesting aims to help you generate results and evaluate risk and return without risking real capital.
The Booz Backtesting is the Booz Super Swing Indicator equivalent but gives you the ability to backtest data on different charts.
This is an Indicator created for the purpose of identifying trends in Multiple Markets, it is based on Moving Average Crossover and extra features.
Swing Trading: This function allows you to navigate the entire trend until it is not strong enough, so you can compare it with fixed parameters such as Take Profit and Stop Loss.
Take Profit and Stop Loss function: With this function you will be able to choose the most optimal parameters and see in real time the results in order to choose the best combination of parameters.
Leverage : We have this function for the futures markets where you can check which is the most appropriate leverage for your operation.
Trend Filter: allows you to take multiple entries in the same direction of the market.
If the market crosses below the 200 moving average, it will take only short entries.
If the market crosses above the 200 moving average, it will take only long entries.
Timeframes
Charting from 1 Hour, 4 Hour, Daily, Weekly, Weekly
Markets :Booz Backtesting can be tested in Cryptocurrency, Stocks and Futures markets.
Background Color : at a glance, you can see what cycle the market is in.
Green background : Shows that the market is in a bullish cycle.
Red background: Shows that the market is in a bearish cycle.
double Bollinger BandsThe Double Bollinger Band consists of an average and two Bollingers and two backgrounds, each of which has separate settings and can be approved more strongly for trades. Moves and vice versa. With the price chart coming out of the second band, the price is much more likely to move in the same direction.
To use this feature, we had to use two Bollinger indicators with different settings at the same time, but we no longer need to do this with the Double Bollinger.
Its main use is crypto, but it can be used in all markets
Cheat Code- Example 1; Short-Term; Follow the Trend BINANCE:BTCUSDT ; BINANCE:ETHUSDT ; BINANCE:FILUSDT ;
This strategy is simple and easy to read and takes advantage of conditional signs of trend reversals. It works best in 10-minute time frames for most large and mid-cap crypto. This code is a tutorial for creating a profitable yet easy strategy, and hopefully, it can be put to good use :)
Booz Super SwingBooz Super Swing is an Indicator created for the purpose of identifying trends in Multiple Markets, it is based on Moving Average Crossover and extra features.
Trend Filter: allows you to take multiple entries in the same direction of the market.
If the market crosses below the 200 moving average it will take only short entries.
If the market crosses above the 200 moving average it will take only long entries.
Background Color : at a glance, you can see what cycle the market is in.
Green background : Shows that the market is in a bullish cycle.
Red background: Shows that the market is in a bearish cycle.
Markets : Booz Super Swing can be used and has been tested in Cryptocurrency, Stocks and Futures markets.
Timeframes
Charting from 1 Hour, 4 Hour, Daily, Weekly, Weekly
Weak Point :
Are Sideways Markets
Alarms :
Buy : Allows you to notify and automate entries based on market detection.
Sell : Allows you to notify and automate entries based on market detection.
Bozz Strategy
Booz Backtesting : Booz Backtesting is a method for analyzing the performance of your current trading strategy . Booz Backtesting aims to help you generate results and evaluate risk and return without risking real capital.
The Booz Backtesting is the Booz Super Swing Indicator equivalent but gives you the ability to backtest data on different charts.
This is an Indicator created for the purpose of identifying trends in Multiple Markets, it is based on Moving Average Crossover and extra features.
Swing Trading: This function allows you to navigate the entire trend until it is not strong enough, so you can compare it with fixed parameters such as Take Profit and Stop Loss.
Take Profit and Stop Loss function: With this function you will be able to choose the most optimal parameters and see in real time the results in order to choose the best combination of parameters.
Leverage : We have this function for the futures markets where you can check which is the most appropriate leverage for your operation.
Trend Filter: allows you to take multiple entries in the same direction of the market.
If the market crosses below the 200 moving average, it will take only short entries.
If the market crosses above the 200 moving average, it will take only long entries.
Timeframes
Charting from 1 Hour, 4 Hour, Daily, Weekly, Weekly
Markets :Booz Backtesting can be tested in Cryptocurrency, Stocks and Futures markets.
Background Color : at a glance, you can see what cycle the market is in.
Green background : Shows that the market is in a bullish cycle.
Red background: Shows that the market is in a bearish cycle.
Twitter
Website
Short Selling EMA Cross (By Coinrule)BINANCE:AVAXUSDT
This short selling script works best in periods of downtrends and general bearish market conditions, with the ultimate goal to sell as the the price decreases further and buy back before a rebound.
This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to to hodl this cash, or use it to reinvest when the market reaches attractive buying levels.
Entry
The exponential moving average ( EMA ) 20 and EMA 50 have been used for the variables determining the entry to the short. EMAs can operate better than simple moving averages due to the additional weighting placed on the most recent data points, whereas simple moving averages weight all the data the same. This means that price is tracked more closely and the most recent volatile moves can be captured and exploited more efficiently using EMAs.
Our backtesting data revealed that the most profitable timeframe was the 30-minute timeframe, this also enabled a good frequency of trades and high profitability.
A fast (shorter term) exponential moving average , in this strategy the EMA 20, crossing under a slow (longer term) moving average, in this example the EMA 50, signals the price of an asset has started to trend to the downside, as the most recent data signals price is declining compared to earlier data. The entry acts on this principle and executes when the EMA 20 crosses under the EMA 50.
Enter Short: EMA 20 crosses under EMA 50.
Exit
This script utilises a take profit and stop loss for the exit. The take profit is set at -8% and the stop loss is set at +16% from the entry price. This would normally be a poor trade due to the risk:reward equalling 0.5. However, when looking at the backtesting data, the high profitability of the strategy (93.33%) leads to increased confidence and showcases the high probability of success according to historical data.
The take profit (-8%) and the stop loss (+16%) of the strategy are widely placed to ensure the move is captured without being stopped out due to relief rallies. The stop loss also plays a role of mitigating losses and minimising risk of being stuck in a short position once there has been a fundamental trend reversal and the market has become bullish .
Exit Short: -8% price decrease from entry price.
OR
Exit Short: +16% price increase from entry price.
Tip: Research what coins have consistent and large token unlocks / highly inflationary tokenomics, and target these during bear markets to short as they will most likely have substantial selling pressure that outweighs demand - leading to declining prices.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
The backtesting data was recorded from December 1st 2021, just as the market was beginning its downtrend. We therefore recommend analysing the market conditions prior to utilising this strategy as it operates best on weak coins during downtrends and bearish conditions.
CANDLE FILTER Todays scripts is based on my Pullback And Rally Candles with other meaningful candles such as Hammers and Dojis.
You can choose which Candles to show on the cart and if you want to candles to appear above or below a moving average.
If you follow my work, you may recognise some of these candles which I'm about to show you however these candles are 1) more refined and 2) has moving average filters.
Ive included a D,6H,1H Candle in this script as on different timeframes - each swing low on average has a different amount of bars within the swing low / swing high so the DPB and RD will only work on the Daily
//Pullback candle
This candle is very powerful when used with simple Price Action such as Market Structure//Demand zones and support zones. (((((WORKS BEST IN UPTRENDS AND BOTTOM OF RANGES)))))
Ive included a D,6H,1H Pullback Candle in this script as on different timeframes - each swing low on average has a different amount of bars within the swing low so the DPB will only work on the Daily
//DAILY PULLBACK (Swing Traders)
snapshot
//4H PULLBACK (Swing Traders)
snapshot
- this signal will produce more signals due to the swing low filter on the 4H
//1H PULLBACK
snapshot
- this signal has been refined due to too many candle displaying in weak areas
!!!IF YOU DONT WANT TO USE PULLBACKS DURING DOWNTRENDS THEN USE THE EMA FILTER TO TURN OFF THE PULLBACKS WHEN PRICE IS BELOW THE MOVING AVERAGE!!!
//Rally candle (My personal Favourite) (((((WORKS BEST IN DOWNTRENDS AND TOP OF RANGES)))))
This candle is very powerful when used with simple Price Action such as Market Structure//Supply zones and Resistance zones.
//DAILY RALLY(Swing Traders)
snapshot
//4H RALLY(Swing Traders)
snapshot
- this signal will produce more signals due to the swing high filter on the 4H
!!!IF YOU DONT WANT TO USE RALLIES DURING UPTRENDSTHEN USE THE EMA FILTER TO TURN OFF THE RALLIES WHEN PRICE IS ABOVE THE MOVING AVERAGE!!!
//POWERFUL DOJIS (INDECISION)
snapshot
We look for indecision in key areas to see if momentum is shifting. When combined with Pullbacks or Rallys - this will enhance the odds of a probably area.
//HAMMERS
snapshot
//MOVING AVERAGES
snapshot
Short EMA = 50
Long EMA = 200
This filter can be used when the market is trending - look out for rejections off the moving averages
Also you can chance the Short And Long EMA to choose which MA cross you want to use
snapshot
ALSO ALL THE CANDLES HAVE A ALERT CONDITIONS WHICH YOU CAN ACCESS - THIS WILL ALERT ANY CANDLE YOU CHOOSE
Please leave a like/comment on this post as this is much appreciated....
DaveStratThis script attempts to guess inflection points in cryptocurrency asset prices using change in two simple moving averages on the daily timescale.
Bitcoin OnChain & Other MetricsHi all,
In these troubled times, going back to fundamentals can sometimes be a good idea 😊
I put this one up using data retrieved from “Nasdaq Data Link” and their “Blockchain.com” database.
Here is a good place to analyses some Bitcoin data “outside” its price action with 25 different data sets.
Just go to the settings menu and display the ones you are interested in.
If you want me to add more metrics, feel free to DM or comment below!
Hope you enjoy 😉
Optimised RSI strategy for Reversals (by Coinrule)The most common way to use the RSI to spot a good buy opportunity is to check for values lower than 30. Unfortunately, the RSI can remain in oversold territory for long periods, and that could leave you trapped in a trade in loss. It would be appropriate to wait for a confirmation of the trend reversal.
In the example above I use a short-term Moving Average (in this case, the MA9) coupled with an RSI lower than 40. This combination of events is relatively rare as reversal confirmations usually come when RSI values are already higher. As unusual as this setup is, it provides buy-opportunities with much higher chances of success.
The parameters of this strategy would be:
ENTRY: RSI lower than 40 and MA9 lower than the price
TAKE PROFIT and STOP-LOSS with a ratio of at least 2. That means that if you set up a take profit of 3%, your stop-loss shouldn’t be larger than 1.5%.
The advantage of this approach is that it has a high rate of success and allows you the flexibility of setting up the percentages of the take profit and stop-loss according to your preferences and risk appetite.
MACD Multiple AlertsThis script help traders to catch bullish and bearish momentum. It creates an alert for 40 altcoins based on the MACD cross over and cross under.
The MACD input are adjustable in the settings and you can choose your favorite assets.
Simply add this indicator to the chart wait that if finish to load and then create an alert on the time frame of your choice.
Enjoy your trading
F_rank_01
MACD Scalper AnalysisThis is a scalper analysis movement designed around MACD and 200 EMA
The rules are simple:
For long we check if the close of the candle is above the ema200 and we have a crossover between macd and signal
Once this happens we analyse the next candle, if its close higher than open , we can consider it a win and if its close lower than open we consider a lose.
For short we check if the close of the candle is below the ema200 and we have a crossunder between macd and signal
Once this happens we analyse the next candle, if its close higher than open , we can consider it a loss and if its close lower than open we consider a win.
Once we have all of this we analyse the average percentage movement and establish if the specific asset or timeframe is worthy for us.
At the same time it can give a good idea if we can go with a divergence strategy, like for example we have a short entry, but we will actually go long and viceversa.
If you have any questions let me know !
LOKEN (v4) BULLISH SMART MONEYThis indicator is based on Smart Money MCDX
(Pine editor @v4)
Indicator built for cryptocurrencies.
Best for day trading.
The coin seems overbought but still pump? Check this indicator
This indicator help you see when institutional buyer enter/exit trade and is a good combination with RSI + Stochastic RSI .
This indicator focus on buying activity by big players and is built for LONG or SPOT, shorter can still use it to determine when to exit short (if smart money appear on a significant TF you may not enter/stay in a short).
Banker plot show strong buyer activities (appear generally when RSI already overbought but still increasing).
It appear as a Histogram with a color code to better see the fading strength of the institutional activity :
Light Blue Bar = Institutional presence ( bullish )
Green Bar = Pump candle (very bullish ), (Banker > Banker MA)
Orange Bar = Retest candle = natural decline after a growth (Banker < Banker MA)
Black Bar = Down candle = progressive exit of institutional leads to this candle, you must have TP before.
Red Bar = Dump candle = steep decline, the institutional take profit hard. You better be out before that one.
Hot-Money plot show momentum and react fast to price action.
It appear as a filled zone (red or green) depending on the plot position compared to its average.
In a downtrend you may only see this one.
Key-Signals:
"Bullish signal 𓃓" = open a long
"Sell signal 💲" = close the long
I recommend you don't keep all the signals enabled at first.
(feel free to ask me the use of the other signals)
It seemed to me that SMART MONEY MCDX was counter-intuitive and archaic,
So i made this one for personal use,
I'm happy if this indicator helps you,
Have a good trade
Waddah Attar Explosion V3 [NHK] -Bollinger - MACDWaddah Attar Explosion Version3 indicator to work in Forex and Crypto, This indicator oscillates above and below zero and the Bollinger band is plotted over the MACD Histogram to take quick decisions, Colors are changed for enhanced look. dead zone is plotted in a background area and option is provided to hide dead zone. One can easily detect sideways market movement using Bollinger band and volume. when volume is in between Bollinger band no trades are to be taken as volume is low and market moving in sideways
credits to: @shayankm and @LazyBear
Read the main description below...
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This is a port of a famous MT4 indicator. This indicator uses MACD /BB to track trend direction and strength. Author suggests using this indicator on 30mins.
Explanation from the indicator developer:
"Various components of the indicator are:
Dead Zone Line: Works as a filter for weak signals. Do not trade when the up or down histogram is in between Dead Zone.
Histograms:
- Pink histogram shows the current down trend.
- Blue histogram shows the current up trend.
- Sienna line / Bollinger Band shows the explosion in price up or down.
Signal for ENTER_BUY: All the following conditions must be met.
- Blue histogram is raising.
- Blue histogram above Explosion line.
- Explosion line raising.
- Both Blue histogram and Explosion line above DeadZone line.
Signal for EXIT_BUY: Exit when Blue histogram crosses below Explosion line / Bollinger Band.
Signal for ENTER_SELL: All the following conditions must be met.
- Pink histogram is raising.
- Pink histogram above Explosion line.
- Explosion line raising.
- Both Pink histogram and Explosion line above DeadZone line.
Signal for EXIT_SELL: Exit when Pink histogram crosses below Explosion line.
All of the parameters are configurable via options page. You may have to tune it for your instrument.
Daily Scalping Moving AveragesThis is a technical analysis study based on the most fit leading indicators for short timeframes like EMA and SMA.
At the same time we have daily channel made from the last 2 weeks of ATR values, which will give us the daily top and bottom expected values(with 80%+ confidence)
We have 3 groups of lengths for short length, medium length and a bigger length.
At the same time we combine it with the daily vwap values .
In the end we are going to have a total of 7 indicators telling us the direction.
The way we can use it :
The max ratings that we can have are +7 for long and -7 for short
In general once we have at least 5 indicators(fast and medium ones) giving us a direction, there is a high chance that we can scalp that trend and then we can exit either when we will be at +7 or close to neutral point
At the same time is very important to be aware of the current position inside of the TOP/BOTTOM channel that we have.
For example lets assume we are at 40k on BTC and our top channel is around 41-42k while the bottom is around 38k. In this case the margin that we have for long is much smaller than for short, so we should be prepared to exit once we reach the top values and from there wait and see if there is a huge continuation or a reversal. If the top channel was hit and the market started the rebounce going downwards and the moving averages confirms it, then we have a huge advantage using the top points as a STOP LOSS and continue the short movements, giving us an amazing risk/reward ratio .
If you have any questions let me know !
