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Scalping EMA ADX RSI with Buy/Sell AlertsThis is a study indicator that shows the entries in the strategy seen in one of the youtube channel so it does not belong to me. I can't tell who it is because it's against the House Rules to advertise but you can find out if you look for it on youtube. Default values of oscilators and ema adjusted as suggested. He says he got the best results in 5 min timeframe but i tried to make things as modifiable as possible so you can mess around with the settings and create your own strategy for different timeframes if you'd like. Suggested to use with normal candlestick charts. The blue line below indicates the ADX is above the selected threshold set in the settings named "Trend Ready Limit". You can set alerts for Buy, Sell or Buy/Sell signal together. The entry strategy itself is pretty straight forward. The rules for entry are as follows, the script will check all of this on auto and will give you buy or sell signal : Recommended time frame: 5 min For Long Entry: - Check if price above the set EMA (Can disable this rule if you'd like in the settings) - RSI is in Oversold - ADX is above set "Trend Ready" threshold (Meaning there is a trend going on) - Price must approve the trend of previous candles. This is bullish for buy entries and bearish for sell entries. - Enter with stop loss below last swing low with 1:1 or 1.5:1 take profit ratio. For Short Entry: - Check if price below the set EMA (Can disable this rule if you'd like in the settings) - RSI is in Overbought - ADX is above set "Trend Ready" threshold (Meaning there is a trend going on) - Price must approve the trend of previous candles. This is bullish for buy entries and bearish for sell entries. - Enter with stop loss above last swing high with 1:1 or 1.5:1 take profit ratio. This is my first indicator. Let me know if you want any updates. I am not sure if i can add everything but i'll try nonetheless. Changed: Signals will check up to 2 candles before if the RSI is below or above the set value to show signal. This is because sometimes the entry signal is right but the response might be a bit late.
Pine Script® göstergesi
serkany88 tarafından
7
Scalping Dips On Trend (by Coinrule)Coinrule's Community is an excellent source of inspiration for our trading strategies. In these months of Bull Market, our traders opted mostly on buy-the-dips strategies, which resulted in great returns recently. But there has been an element that turned out to be the cause for deep division among the Community. Is it advisable or not to use a stop-loss during a Bull Market? This strategy comes with a large stop-loss to offer a safer alternative for those that are not used to trade with a downside protection. Entry The strategy buys only when the price is above the Moving Average 50 , making it less risky to buy the dip, which is set to 2%. The preferred time frame is 1-hour. The stop-loss is set to be quite loose to increase the chances of closing the trade in profit, yet protecting from unexpected larger drawdowns that could undermine the allocation's liquidity. Exit Stop loss: 10% Take Profit: 3% In times of Bull Market, such a trading system has a very high percentage of trades closed in profit (ranging between 70% to 80%), which makes it still overall profitable to have a stop-loss three times larger than the take profit. Pro tip: use a larger stop-loss only when you expect to close in profit most of the trades! The strategy assumes each order to trade 30% of the available capital and opens a trade at a time. A trading fee of 0.1% is taken into account.
Pine Script® stratejisi
Coinrule tarafından
4
SCALP BTC - PPO DivergenceO indicador Oscilador de Preços (PPO) é uma ferramenta de análise técnica, usada para medir o momento que é muito semelhante ao MACD. O MACD emprega duas Médias Móveis de vários comprimentos (que são indicadores de atraso) para identificar a direção e a duração da tendência. Então, o MACD leva a diferença de valores entre essas duas Médias Móveis (Linha MACD) e uma EMA dessas Médias Móveis (Linha de Sinal) e plota a diferença entre as duas linhas como um histograma que oscila acima e abaixo de uma linha central zero. O PPO é exatamente o mesmo, no entanto, ele pega os mesmos valores que o MACD e os calcula como uma porcentagem. O propósito disso é que ele torna as comparações de valor muito mais simples e diretas em períodos mais longos de tempo.
Pine Script® göstergesi
TheAnchorWhale tarafından
3
Triad Trade MatrixOverview Triad Trade Matrix is an advanced multi-strategy indicator built using Pine Script v5. It is designed to simultaneously track and display key trading metrics for three distinct trading styles on a single chart: Swing Trading (Swing Supreme): This mode captures longer-term trends and is designed for trades that typically span several days. It uses customizable depth and deviation parameters to determine swing signals. Day Trading (Day Blaze): This mode focuses on intraday price movements. It generates signals that are intended to be executed within a single trading session. The parameters for depth and deviation are tuned to capture more frequent, shorter-term moves. Scalping (Scalp Surge): This mode is designed for very short-term trades where quick entries and exits are key. It uses more sensitive parameters to detect rapid price movements suitable for scalping strategies. Each trading style is represented by its own merged table that displays real-time metrics. The tables update automatically as new trading signals are generated. Key Features Multi-Style Tracking: Swing Supreme (Large): For swing trading; uses a purple theme. Day Blaze (Medium): For day trading; uses an orange theme. Scalp Surge (Small): For scalping; uses a green theme. Real-Time Metrics: Each table displays key trade metrics including: Entry Price: The price at which the trade was entered. Exit Price: The price at which the previous trade was exited. Position Size: Calculated as the account size divided by the entry price. Direction: Indicates whether the trade is “Up” (long) or “Down” (short). Time: The time when the trade was executed (formatted to hours and minutes). Wins/Losses: The cumulative number of winning and losing trades. Current Price & PnL: The current price on the chart and the profit/loss computed relative to the entry price. Duration: The number of bars that the trade has been open. History Column: A merged summary column that shows the most recent trade’s details (entry, exit, and result). Customizability: Column Visibility: Users can toggle individual columns (Ticker, Timeframe, Entry, Exit, etc.) on or off according to their preference. Appearance Settings: You can customize the table border width, frame color, header background, and text colors. History Toggle: The merged history column can be enabled or disabled. Chart Markers: There is an option to show or hide chart markers (labels and lines) that indicate trade entries and exits on the chart. Trade History Management: The indicator maintains a rolling history (up to three recent trades per trading style) and displays the latest summary in the merged table. This history column provides a quick reference to recent performance. How It Works Signal Generation & Trade Metrics Trade Entry/Exit Calculation: For each trading style, the indicator uses built-in functions (such as ta.lowestbars and ta.highestbars) to analyze price movements. Based on a customizable "depth" and "deviation" parameter, it determines the point of entry for a trade. Swing Supreme: Uses larger depth/deviation values to capture swing trends. Day Blaze: Uses intermediate values for intraday moves. Scalp Surge: Uses tighter parameters to pick up rapid price changes. Metrics Update: When a new trade signal is generated (i.e., when the trade entry price is updated), the indicator calculates: The current PnL as the difference between the current price and the entry price (or vice versa, depending on the trade direction). The duration as the number of bars since the trade was opened. The position size using the formula: accountSize / entryPrice. History Recording: Each time a new trade is triggered (i.e., when the entry price is updated), a summary string is created (showing entry, exit, and win/loss status) and appended to the corresponding trade history array. The merged table then displays the latest summary from this history. Table Display Merged Table Structure: Each trading style (Swing Supreme, Day Blaze, and Scalp Surge) is represented by a table that has 15 columns. The columns are: Trade Type (e.g., Swing Supreme) Ticker Timeframe Entry Price Exit Price Position Size Direction Time of Entry Account Size Wins Losses Current Price Current PnL Duration (in bars) History (the latest trade summary) User Customization: Through the settings panel, users can choose which columns to display. If a column is toggled off, its cells will remain blank, allowing traders to focus on the metrics that matter most to them. Appearance & Themes: The table headers and cell backgrounds are customizable via color inputs. The trading style names are color-coded: Swing Supreme (Large): Uses a purple theme. Day Blaze (Medium): Uses an orange theme. Scalp Surge (Small): Uses a green theme. How to Use the Indicator Add the Indicator to Your Chart: Once published, add "Triad Trade Matrix" to your TradingView chart. Configure the Settings: Adjust the Account Size to match your trading capital. Use the Depth and Deviation inputs for each trading style to fine-tune the signal sensitivity. Toggle the Chart Markers on if you want visual entry/exit markers on the chart. Customize which columns are visible via the column visibility toggles. Enable or disable the History Column to show the merged trade history in the table. Adjust the appearance settings (colors, border width, etc.) to suit your chart background and preferences. Interpret the Tables: Swing Supreme: This table shows metrics for swing trades. Look for changes in entry price, PnL, and trade duration to monitor longer-term moves. Day Blaze: This table tracks day trading activity.It will update more frequently, reflecting intraday trends. Scalp Surge: This table is dedicated to scalping signals.Use it to see quick entry/exit data and rapid profit/loss changes. The History column (if enabled) gives you a snapshot of the most recent trade (e.g., "E:123.45 X:124.00 Up Win"). Use allerts: The indicator includes alert condition for new trade entries(both long and short)for each trading style. Summary: Triad Trade Matrix provides an robust,multi-dimensional view of your trading performance across swing trading, day trading, and scalping. Best to be used whith my other indicators True low high Vma Ext_Adv_CustomTbl This indicator is ideal for traders who wish to monitor multiple trading styles simultaneously, with a clear, technical, and real-time display of performance metrics. Happy Trading!
Pine Script® göstergesi
MaximusGains tarafından
Multi-Average Trend Indicator (MATI)[FibonacciFlux]Multi-Average Trend Indicator (MATI) Overview The Multi-Average Trend Indicator (MATI) is a versatile technical analysis tool designed for traders who aim to enhance their market insights and streamline their decision-making processes across various timeframes. By integrating multiple advanced moving averages, this indicator serves as a robust framework for identifying market trends, making it suitable for different trading styles—from scalping to swing trading. MATI 4-hourly support/resistance MATI 1-hourly support/resistance MATI 15 minutes support/resistance MATI 1 minutes support/resistance Key Features 1. Diverse Moving Averages - COVWMA (Coefficient of Variation Weighted Moving Average) : - Provides insights into price volatility, helping traders identify the strength of trends in fast-moving markets, particularly useful for 1-minute scalping . - DEMA (Double Exponential Moving Average) : - Minimizes lag and quickly responds to price changes, making it ideal for capturing short-term price movements during volatile trading sessions . - EMA (Exponential Moving Average) : - Focuses on recent price action to indicate the prevailing trend, vital for day traders looking to enter positions based on current momentum. - KAMA (Kaufman's Adaptive Moving Average) : - Adapts to market volatility, smoothing out price action and reducing false signals, which is crucial for 4-hour day trading strategies. - SMA (Simple Moving Average) : - Provides a foundational view of the market trend, useful for swing traders looking at overall price direction over longer periods. - VIDYA (Variable Index Dynamic Average) : - Adjusts based on market conditions, offering a dynamic perspective that can help traders capture emerging trends. 2. Combined Moving Average - The MATI's combined moving average synthesizes all individual moving averages into a single line, providing a clear and concise summary of market direction. This feature is especially useful for identifying trend continuations or reversals across various timeframes . 3. Dynamic Color Coding - Each moving average is visually represented with color coding: - Green indicates bullish conditions, while Red suggests bearish trends. - This visual feedback allows traders to quickly assess market sentiment, facilitating faster decision-making. 4. Signal Generation and Alerts - The indicator generates buy signals when the combined moving average crosses above its previous value, indicating a potential upward trend—ideal for quick entries in scalping. - Conversely, sell signals are triggered when the combined moving average crosses below its previous value, useful for exiting positions or entering short trades. Insights and Applications 1. Scalping on 1-Minute Charts - The MATI excels in fast-paced environments, allowing scalpers to identify quick entry and exit points based on short-term trends. With dynamic signals and alerts, traders can react swiftly to price movements, maximizing profit potential in brief price fluctuations. 2. Day Trading on 4-Hour Charts - For day traders, the MATI provides essential insights into intraday trends. By analyzing the combined moving average and its relation to individual moving averages, traders can make informed decisions on when to enter or exit positions, capitalizing on daily price swings. 3. Swing Trading on Daily Charts - The MATI also serves as a valuable tool for swing traders. By evaluating longer-term trends through the combined moving average, traders can identify potential swing points and adjust their strategies accordingly. The flexibility of adjusting the lengths of the moving averages allows for tailored approaches based on market volatility. Benefits 1. Clarity and Insight - The combination of diverse moving averages offers a clear visual representation of market trends, aiding traders in making informed decisions across multiple timeframes. 2. Flexibility and Customization - With adjustable parameters, traders can adapt the MATI to their specific strategies, making it suitable for various market conditions and trading styles. 3. Real-Time Alerts and Efficiency - Built-in alerts minimize response times, allowing traders to capitalize on opportunities as they arise, regardless of their trading style. Conclusion The Multi-Average Trend Indicator (MATI) is an essential tool for traders seeking to enhance their technical analysis capabilities. By seamlessly integrating multiple moving averages with dynamic color coding and real-time alerts, this indicator provides a comprehensive approach to understanding market trends. Its versatility makes it an invaluable asset for scalpers, day traders, and swing traders alike. Important Note As with any trading tool, thorough analysis and risk management are crucial when using this indicator. Past performance does not guarantee future results, and traders should always be prepared for market fluctuations.
Pine Script® göstergesi
FibonacciFlux tarafından
Uptrick: MultiTrend Squeeze System**Uptrick: MultiTrend Squeeze System Indicator: The Ultimate Trading Tool for Precision and Versatility 📈🔥** ### Introduction The MultiTrend Squeeze System is a powerful, multi-faceted trading indicator designed to provide traders with precise buy and sell signals by combining the strengths of multiple technical analysis tools. This script isn't just an indicator; it's a comprehensive trading system that merges the power of SuperTrend, RSI, Volume Filtering, and Squeeze Momentum to give you an unparalleled edge in the market. Whether you're a day trader looking for short-term opportunities or a swing trader aiming to catch longer-term trends, this indicator is tailored to meet your needs. ### Key Features and Unique Aspects 1. **SuperTrend with Dynamic Adjustments 📊** - **Adaptive SuperTrend Calculation:** The SuperTrend is a popular trend-following indicator that adjusts dynamically based on market conditions. It uses the Average True Range (ATR) to calculate upper and lower bands, which shift according to market volatility. This script takes it further by combining it with the RSI and Volume filtering to provide more accurate signals. - **Direction Sensitivity:** The SuperTrend here is not static. It adjusts based on the direction of the previous SuperTrend value, ensuring that the indicator remains relevant even in choppy markets. 2. **RSI Integration for Overbought/Oversold Conditions 💹** - **RSI Calculation:** The Relative Strength Index (RSI) is incorporated to identify overbought and oversold conditions, adding an extra layer of precision. This helps in filtering out false signals and ensuring that trades are taken only in optimal conditions. - **Customizable RSI Settings:** The RSI settings are fully customizable, allowing traders to adjust the RSI length and the overbought/oversold levels according to their trading style and market. 3. **Volume Filtering for Enhanced Signal Confirmation 📉** - **Volume Multiplier:** This unique feature integrates volume analysis, ensuring that signals are only generated when there is sufficient market participation. The Volume Multiplier can be adjusted to filter out weak signals that occur during low-volume periods. - **Optional Volume Filtering:** Traders have the flexibility to turn the volume filter on or off, depending on their preference or market conditions. This makes the indicator versatile, allowing it to be used across different asset classes and market conditions. 4. **Squeeze Momentum Indicator (SMI) for Market Pressure Analysis 💥** - **Squeeze Detection:** The Squeeze Momentum Indicator detects periods of market compression and expansion. This script goes beyond the traditional Bollinger Bands and Keltner Channels by incorporating true range calculations, offering a more nuanced view of market momentum. - **Customizable Squeeze Settings:** The lengths and multipliers for both Bollinger Bands and Keltner Channels are customizable, giving traders the flexibility to fine-tune the indicator based on their specific needs. 5. **Visual and Aesthetic Customization 🎨** - **Color-Coding for Clarity:** The indicator is color-coded to make it easy to interpret signals. Bullish trends are marked with a vibrant green color, while bearish trends are highlighted in red. Neutral or unconfirmed signals are displayed in softer tones to reduce noise. - **Histogram Visualization:** The primary trend direction and strength are displayed as a histogram, making it easy to visualize the market's momentum at a glance. The height and color of the bars provide immediate feedback on the strength and direction of the trend. 6. **Alerts for Real-Time Trading 🚨** - **Custom Alerts:** The script is equipped with custom alerts that notify traders when a buy or sell signal is generated. These alerts can be configured to send notifications through various channels, including email, SMS, or directly to the trading platform. - **Immediate Reaction:** The alerts are triggered based on the confluence of SuperTrend, RSI, and Volume signals, ensuring that traders are notified only when the most robust trading opportunities arise. 7. **Comprehensive Input Customization ⚙️** - **SuperTrend Settings:** Adjust the ATR length and factor to control the sensitivity of the SuperTrend. This allows you to adapt the indicator to different market conditions, whether you're trading a volatile cryptocurrency or a more stable stock. - **RSI Settings:** Customize the RSI length and thresholds for overbought and oversold conditions, enabling you to tailor the indicator to your specific trading strategy. - **Volume Settings:** The Volume Multiplier and the option to toggle the volume filter provide an additional layer of customization, allowing you to fine-tune the indicator based on market liquidity and participation. - **Squeeze Momentum Settings:** The lengths and multipliers for Bollinger Bands and Keltner Channels can be adjusted to detect different levels of market compression, providing flexibility for both short-term and long-term traders. ### How It Works: A Deep Dive Into the Mechanics 🛠️ 1. **SuperTrend Calculation:** - The SuperTrend is calculated using the ATR, which measures market volatility. The indicator creates upper and lower bands around the price, adjusting these bands based on the current level of market volatility. The direction of the trend is determined by the position of the price relative to these bands. - The script enhances the standard SuperTrend by ensuring that the bands do not flip-flop too quickly, reducing the chances of false signals in a choppy market. The direction is confirmed by checking the position of the close relative to the previous band, making the trend detection more reliable. 2. **RSI Integration:** - The RSI is calculated over a customizable length and compared to user-defined overbought and oversold levels. When the RSI crosses below the oversold level, and the SuperTrend indicates a bullish trend, a buy signal is generated. Conversely, when the RSI crosses above the overbought level, and the SuperTrend indicates a bearish trend, a sell signal is triggered. - The combination of RSI with SuperTrend ensures that trades are only taken when there is a strong confluence of signals, reducing the chances of entering trades during weak or indecisive market phases. 3. **Volume Filtering:** - The script calculates the average volume over a 20-period simple moving average. The volume filter ensures that buy and sell signals are only valid when the current volume exceeds a multiple of this average, which can be adjusted by the user. This feature helps filter out weak signals that might occur during low-volume periods, such as just before a major news event or during after-hours trading. - The volume filter is particularly useful in markets where volume spikes are common, as it ensures that signals are only generated when there is significant market interest in the direction of the trend. 4. **Squeeze Momentum:** - The Squeeze Momentum Indicator (SMI) adds a layer of market pressure analysis. The script calculates Bollinger Bands and Keltner Channels, detecting when the market is in a "squeeze" — a period of low volatility that typically precedes a significant price move. - When the Bollinger Bands are inside the Keltner Channels, the market is in a squeeze (compression phase). This is often a precursor to a breakout or breakdown. The script colors the histogram bars black during this phase, indicating a potential for a strong move. Once the squeeze is released, the bars are colored according to the direction of the SuperTrend, signaling a potential entry point. 5. **Integration and Signal Generation:** - The script brings together the SuperTrend, RSI, Volume, and Squeeze Momentum to generate highly accurate buy and sell signals. A buy signal is triggered when the SuperTrend is bullish, the RSI indicates oversold conditions, and the volume filter confirms strong market participation. Similarly, a sell signal is generated when the SuperTrend is bearish, the RSI indicates overbought conditions, and the volume filter is met. - The combination of these elements ensures that the signals are robust, reducing the likelihood of entering trades during weak or indecisive market conditions. ### Practical Applications: How to Use the MultiTrend Squeeze System 📅 1. **Day Trading:** - For day traders, this indicator provides quick and reliable signals that can be used to enter and exit trades multiple times within a day. The volume filter ensures that you are trading during the most liquid times of the day, increasing the chances of successful trades. The Squeeze Momentum aspect helps you catch breakouts or breakdowns, which are common in intraday trading. 2. **Swing Trading:** - Swing traders can use the MultiTrend Squeeze System to identify longer-term trends. By adjusting the ATR length and factor, you can make the SuperTrend more sensitive to catch longer-term moves. The RSI and Squeeze Momentum aspects help you time your entries and exits, ensuring that you get in early on a trend and exit before it reverses. 3. **Scalping:** - For scalpers, the quick signals provided by this system, especially in combination with the volume filter, make it easier to take small profits repeatedly. The histogram bars give you a clear visual cue of the market's momentum, making it easier to scalp effectively. 4. **Position Trading:** - Even position traders can benefit from this indicator by using it to confirm long-term trends. By adjusting the settings to less sensitive parameters, you can ensure that you are only entering trades when a strong trend is confirmed. The Squeeze Momentum indicator will help you stay in the trade during periods of consolidation, waiting for the next big move. ### Conclusion: Why the MultiTrend Squeeze System is a Game-Changer 🚀 The MultiTrend Squeeze System is not just another trading indicator; it’s a comprehensive trading strategy encapsulated within a single script. By combining the power of SuperTrend, RSI, Volume Filtering, and Squeeze Momentum, this indicator provides a robust and versatile tool that can be adapted to various trading styles and market conditions. **Why is it Unique?** - **Multi-Dimensional Analysis:** Unlike many other indicators that rely on a single data point or calculation, this script incorporates multiple layers of analysis, ensuring that signals are based on a confluence of factors, which increases their reliability. - **Customizability:** The vast range of input settings allows traders to tailor the indicator to their specific needs, whether they are trading forex, stocks, cryptocurrencies, or commodities. - **Visual Clarity:** The color-coded bars, labels, and signals make it easy to interpret the market conditions at a glance, reducing the time needed to make trading decisions. Whether you are a novice trader or an experienced market participant, the MultiTrend Squeeze System offers a powerful toolset to enhance your trading strategy, reduce risk, and maximize your potential returns. With its combination of trend analysis, momentum detection, and volume filtering, this indicator is designed to help you trade with confidence and precision in any market condition.
Pine Script® göstergesi
Uptrick tarafından
AdvancedLines (FiboBands) - PaSKaL Overview : AdvancedLines (FiboBands) - PaSKaL is an advanced technical analysis tool designed to automate the plotting of key Fibonacci retracement levels based on the highest high and lowest low over a customizable period. This indicator helps traders identify critical price zones such as support, resistance, and potential trend reversal or continuation points. By using AdvancedLines (FiboBands) - PaSKaL , traders can easily spot key areas where the price is likely to reverse or consolidate, or where the trend may continue. It is particularly useful for trend-following, scalping, and range-trading strategies. Key Features: Automatic Fibonacci Level Calculation : - The indicator automatically calculates and plots key Fibonacci levels (0.236, 0.382, 0.5, 0.618, and 0.764), which are crucial for identifying potential support and resistance levels in the market. Adjustable Parameters : - Bands Length: You can adjust the bands_length setting to change the number of bars used for calculating the highest high and lowest low. This gives flexibility for using the indicator on different timeframes and trading styles. - Visibility: The Fibonacci levels, as well as the midline (0.5 Fibonacci level), can be shown or hidden based on your preference. - Color Customization: You can change the color of each Fibonacci level and background fills to suit your chart preferences. Fibonacci Levels - The main Fibonacci levels plotted are: - 0.236 – Minor support/resistance level - 0.382 – Moderate retracement level - 0.5 – Midpoint retracement, often used as a key level - 0.618 – Golden ratio, considered one of the most important Fibonacci levels - 0.764 – Strong reversal level, often indicating a continuation or change in trend Background Fill - The indicator allows you to fill the background between the Fibonacci levels and the bands with customizable colors. This makes it easier to visually highlight key zones on the chart. How the Indicator Works: AdvancedLines (FiboBands) - PaSKaL calculates the range (difference between the highest high and the lowest low) over a user-defined number of bars (e.g., 300). Fibonacci levels are derived from this range, helping traders identify potential price reversal points. Mathematical Basis : Fibonacci retracement levels are based on the Fibonacci sequence, where each number is the sum of the previous two (0, 1, 1, 2, 3, 5, 8, 13, etc.). The ratios derived from this sequence (such as 0.618 and 0.382) have been widely observed in nature, market cycles, and price movements. These ratios are used to forecast potential price retracements or continuation points after a major price move. Fibonacci Levels Calculation : Identify the Range: The highest high and the lowest low over the defined period are calculated. Apply Fibonacci Ratios: Fibonacci ratios (0.236, 0.382, 0.5, 0.618, and 0.764) are applied to this range to calculate the corresponding price levels. Plot the Levels: The indicator automatically plots these levels on your chart. Customizing Fibonacci Levels & Colors: The "AdvancedLines (FiboBands) - PaSKaL" indicator offers various customization options for Fibonacci levels, colors, and visibility: Fibonacci Level Ratios: - You can customize the Fibonacci level ratios through the following inputs: - Fibo Level 1: 0.764 - Fibo Level 2: 0.618 - Fibo Level 3: 0.5 - Fibo Level 4: 0.382 - Fibo Level 5: 0.236 - These levels determine key areas where price may reverse or pause. You can adjust these ratios based on your trading preferences. Fibonacci Level Colors: - Each Fibonacci level can be assigned a different color to make it more distinguishable on your chart: - Fibo Level 1 Color (default: Yellow) - Fibo Level 2 Color (default: Orange) - Fibo Level 3 Color (default: Green) - Fibo Level 4 Color (default: Red) - Fibo Level 5 Color (default: Blue) - You can change these colors to fit your visual preferences or to align with your existing chart themes. Visibility of Fibonacci Levels: - You can choose whether to display each Fibonacci level using the following visibility inputs: - Show Fibo Level 1 (0.764): Display or hide this level. - Show Fibo Level 2 (0.618): Display or hide this level. - Show Fibo Level 3 (0.5): Display or hide this level. - Show Fibo Level 4 (0.382): Display or hide this level. - Show Fibo Level 5 (0.236): Display or hide this level. - This allows you to customize the indicator according to the specific Fibonacci levels that are most relevant to your trading strategy. Background Fill Color - The background between the Fibonacci levels and price bands can be filled with customizable colors: - Fill Color for Upper Band & Fibo Level 1: This color will fill the area between the upper band and Fibonacci Level 1. - Fill Color for Lower Band & Fibo Level 5: This color will fill the area between the lower band and Fibonacci Level 5. - Adjusting these colors helps highlight critical zones where price may reverse or consolidate. How to Use AdvancedLines (FiboBands) - PaSKaL in Trading : Range Trading : Range traders typically buy at support and sell at resistance. Fibonacci levels provide excellent support and resistance zones in a ranging market. Example: If price reaches the 0.618 level in an uptrend, it may reverse, providing an opportunity to sell. Conversely, if price drops to the 0.382 level, a bounce might occur, and traders can buy, anticipating the market will stay within the range. Trend-following Trading : For trend-following traders, Fibonacci levels act as potential entry points during a retracement. After a strong trend, price often retraces to one of the Fibonacci levels before continuing in the direction of the trend. Example: In a bullish trend, when price retraces to the 0.382 level, it could be a signal to buy, as the price might resume its upward movement after the correction. In a bearish trend, retracements to levels like 0.618 or 0.764 could provide optimal opportunities for shorting as the price resumes its downward movement. Scalping : Scalpers focus on short-term price movements. Fibonacci levels can help identify precise entry and exit points for quick trades. Example: If price is fluctuating in a narrow range, a scalper can enter a buy trade at 0.236 and exit at the next Fibonacci level, such as 0.382 or 0.5, capturing small but consistent profits. Stop-Loss and Take-Profit Levels : Fibonacci levels can also help in setting stop-loss and take-profit levels. Example: In a bullish trend, you can set a stop-loss just below the 0.236 level and a take-profit at 0.618. In a bearish trend, set the stop-loss just above the 0.382 level and the take-profit at 0.764. Identifying Reversals and Continuations : Reversals: When price reaches a Fibonacci level and reverses direction, it may indicate the end of a price move. Trend Continuation: If price bounces off a Fibonacci level and continues in the same direction, this may signal that the trend is still intact. Conclusion : AdvancedLines (FiboBands) - PaSKaL is an essential tool for any trader who uses Fibonacci retracements in their trading strategy. By automatically plotting key Fibonacci levels, this indicator helps traders quickly identify support and resistance zones, forecast potential reversals, and make more informed trading decisions. For Trend-following Traders: Use Fibonacci levels to find optimal entry points after a price retracement. For Range Traders: Identify key levels where price is likely to reverse or bounce within a range. For Scalpers: Pinpoint small price movements and take advantage of quick profits by entering and exiting trades at precise Fibonacci levels. By incorporating AdvancedLines (FiboBands) - PaSKaL into your trading setup, you will gain a deeper understanding of price action, improve your decision-making process, and enhance your overall trading performance.
Pine Script® göstergesi
uPaSKaL tarafından
8
EBL - Enigma BOS Logic Select Higher Time FrameThe "EBL – Enigma BOS Logic" is a unique multi-timeframe trading indicator designed for traders who rely on structured price action and key level retests to find high-probability trade opportunities. This indicator automates the identification of significant price levels on a higher timeframe, plots them across all lower timeframes, and provides actionable signals (buy/sell) when price retests those levels. It is ideal for traders who focus on lower timeframes for precise entries while using higher timeframe structure for trend confirmation. How the Indicator Works Key Level Detection: The indicator allows the user to select a key level timeframe (e.g., 1H, 4H, Daily, Weekly). It then identifies Break of Structure (BOS) levels on the selected timeframe. When a bullish-to-bearish or bearish-to-bullish reversal is detected on the selected timeframe, the corresponding high or low of the reversal candle is stored as a key level. These key levels are plotted as horizontal lines on all lower timeframes, helping the trader visualize critical support and resistance zones across multiple timeframes. Retest Confirmation: Once a key level is established, the indicator continuously monitors the price action on lower timeframes. If the price touches or crosses a key level, it is considered a retest, and an alert is generated. The indicator plots a retest marker (customizable as a circle or diamond) at the exact price level where the retest occurred, providing a clear visual cue for the trader. Trading Signals: When a retest is detected, a table is displayed on the chart with the following information: The trading pair. The signal direction (Buy/Sell). The price at which the retest occurred. This table gives traders instant insight into actionable opportunities, making it easier to focus on live market conditions without missing critical retests. Key Features Multi-Timeframe Analysis: The indicator focuses on a higher timeframe selected by the user, ensuring that only the most relevant key levels are plotted for lower timeframe trading. Dynamic Retest Signals: It dynamically identifies when price retests a key level and provides both visual markers and real-time alerts. Customizable Retest Markers: Users can customize the retest marker's shape (circle/diamond) and color to suit their preferences. Signal Table: A built-in table displays clear buy or sell signals when retests occur, ensuring that traders have all the necessary information at a glance. Alerts: The indicator supports real-time alerts for retests, helping traders stay informed even when they are not actively monitoring the chart. How to Use the Indicator Select a Key Level Timeframe: In the input settings, choose a higher timeframe (e.g., 4H or Daily) to define key levels. The indicator will calculate Break of Structure (BOS) levels on the selected timeframe and plot them as horizontal lines across all lower timeframes. Monitor Lower Timeframes for Retests: Switch to a lower timeframe (e.g., 15m, 5m) to wait for price to approach the key levels plotted by the indicator. When a retest occurs, observe the signal table and retest marker for actionable trade signals. Act on Buy/Sell Signals: Use the information provided by the signal table to make trading decisions. For a buy signal, wait for bullish confirmation (e.g., price holding above the retested level). For a sell signal, wait for bearish confirmation (e.g., price holding below the retested level). Trading Concepts and Underlying Logic The indicator is based on the Break of Structure (BOS) concept, a core principle in price action trading. BOS levels represent points where the market shifts its trend direction, making them critical zones for potential reversals or continuations. By focusing on higher timeframe BOS levels, the indicator helps traders align their lower timeframe entries with the overall market trend. The concept of retests is used to confirm the validity of a key level. A retest occurs when the price returns to a previously identified BOS level, offering a high-probability entry point. Use Cases Scalping: Traders who prefer lower timeframe scalping can use the indicator to align their trades with higher timeframe key levels, increasing the likelihood of successful trades. Swing Trading: Swing traders can use the indicator to identify key reversal zones on higher timeframes and plan their trades accordingly. Intraday Trading: Intraday traders can benefit from the real-time alerts and signals generated by the indicator, ensuring they never miss critical retests during active trading hours. Conclusion The "EBL – Enigma BOS Logic" is a powerful tool for traders who want to enhance their price action trading by focusing on key levels and retests across multiple timeframes. By automating the identification of BOS levels and providing clear retest signals, it helps traders make more informed and confident trading decisions. Whether you are a scalper, intraday trader, or swing trader, this indicator offers valuable insights to improve your trading performance.
Pine Script® göstergesi
Niko-picasso369 tarafından
REVELATIONS (VoVix - PoC) REVELATIONS (VoVix - POC): True Regime Detection Before the Move Let’s not sugarcoat it: Most strategies on TradingView are recycled—RSI, MACD, OBV, CCI, Stochastics. They all lag. No matter how many overlays you stack, every one of these “standard” indicators fires after the move is underway. The retail crowd almost always gets in late. That’s never been enough for my team, for DAFE, or for anyone who’s traded enough to know the real edge vanishes by the time the masses react. How is this different? REVELATIONS (VoVix - POC) was engineered from raw principle, structured to detect pre-move regime change—before standard technicals even light up. We built, tested, and refined VoVix to answer one hard question: What if you could see the spike before the trend? Here’s what sets this system apart, line-by-line: o True volatility-of-volatility mathematics: It’s not just "ATR of ATR" or noise smoothing. VoVix uses normalized, multi-timeframe v-vol spikes, instantly detecting orderbook stress and "outlier" market events—before the chart shows them as trends. o Purist regime clustering: Every trade is enabled only during coordinated, multi-filter regime stress. No more signals in meaningless chop. o Nonlinear entry logic: No trade is ever sent just for a “good enough” condition. Every entry fires only if every requirement is aligned—local extremes, super-spike threshold, regime index, higher timeframe, all must trigger in sync. o Adaptive position size: Your contracts scale up with event strength. Tiny size during nominal moves, max leverage during true regime breaks—never guesswork, never static exposure. o All exits governed by regime decay logic: Trades are closed not just on price targets but at the precise moment the market regime exhausts—the hardest part of systemic trading, now solved. How this destroys the lag: Standard indicators (RSI, MACD, OBV, CCI, and even most “momentum” overlays) simply tell you what already happened. VoVix triggers as price structure transitions—anyone running these generic scripts will trade behind the move while VoVix gets in as stress emerges. Real alpha comes from anticipation, not confirmation. The visuals only show what matters: Top right, you get a live, live quant dashboard—regime index, current position size, real-time performance (Sharpe, Sortino, win rate, and wins). Bottom right: a VoVix "engine bar" that adapts live with regime stress. Everything you see is a direct function of logic driving this edge—no cosmetics, no fake momentum. Inputs/Signals—explained carefully for clarity: o ATR Fast Length & ATR Slow Length: These are the heart of VoVix’s regime sensing. Fast ATR reacts to sharp volatility; Slow ATR is stability baseline. Lower Fast = reacts to every twitch; higher Slow = requires more persistent, “real” regime shifts. Tip: If you want more signals or faster markets, lower ATR Fast. To eliminate noise, raise ATR Slow. o ATR StdDev Window: Smoothing for volatility-of-volatility normalization. Lower = more jumpy, higher = only the cleanest spikes trigger. Tip: Shorten for “jumpy” assets, raise for indices/futures. o Base Spike Threshold: Think of this as your “minimum event strength.” If the current move isn’t volatile enough (normalized), no signal. Tip: Higher = only biggest moves matter. Lower for more signals but more potential noise. o Super Spike Multiplier: The “are you sure?” test—entry only when the current spike is this multiple above local average. Tip: Raise for ultra-selective/swing-trading; lower for more active style. Regime & MultiTF: o Regime Window (Bars): How many bars to scan for regime cluster “events.” Short for turbo markets, long for big swings/trends only. o Regime Event Count: Only trade when this many spikes occur within the Regime Window—filters for real stress, not isolated ticks. Tip: Raise to only ever trade during true breakouts/crashes. o Local Window for Extremes: How many bars to check that a spike is a local max. Tip: Raise to demand only true, “clearest” local regime events; lower for early triggers. o HTF Confirm: Higher timeframe regime confirmation (like 45m on an intraday chart). Ensures any event you act on is visible in the broader context. Tip: Use higher timeframes for only major moves; lower for scalping or fast regimes. Adaptive Sizing: o Max Contracts (Adaptive): The largest size your system will ever scale to, even on extreme event. Tip: Lower for small accounts/conservative risk; raise on big accounts or when you're willing to go big only on outlier events. o Min Contracts (Adaptive): The “toe-in-the-water.” Smallest possible trade. Tip: Set as low as your broker/exchange allows for safety, or higher if you want to always have meaningful skin in the game. Trade Management: o Stop %: Tightness of your stop-loss relative to entry. Lower for tighter/safer, higher for more breathing room at cost of greater drawdown. o Take Profit %: How much you'll hold out for on a win. Lower = more scalps. Higher = only run with the best. o Decay Exit Sensitivity Buffer: Regime index must dip this far below the trading threshold before you exit for “regime decay.” Tip: 0 = exit as soon as stress fails, higher = exits only on stronger confirmation regime is over. o Bars Decay Must Persist to Exit: How long must decay be present before system closes—set higher to avoid quick fades and whipsaws. Backtest Settings Initial capital: $10,000 Commission: Conservative, realistic roundtrip cost: 15–20 per contract (including slippage per side) I set this to $25 Slippage: 3 ticks per trade Symbol: CME_MINI:NQ1! Timeframe: 1 min (but works on all timeframes) Order size: Adaptive, 1–3 contracts No pyramiding, no hidden DCA Why these settings? These settings are intentionally strict and realistic, reflecting the true costs and risks of live trading. The 10,000 account size is accessible for most retail traders. 25/contract including 3 ticks of slippage are on the high side for NQ, ensuring the strategy is not curve-fit to perfect fills. If it works here, it will work in real conditions. Tip: Set to 1 for instant regime exit; raise for extra confirmation (less whipsaw risk, exits held longer). ________________________________________ Bottom line: Tune the sensitivity, selectivity, and risk of REVELATIONS by these inputs. Raise thresholds and windows for only the best, most powerful signals (institutional style); lower for activity (scalpers, fast cryptos, signals in constant motion). Sizing is always adaptive—never static or martingale. Exits are always based on both price and regime health. Every input is there for your control, not to sell “complexity.” Use with discipline, and make it your own. This strategy is not just a technical achievement: It’s a statement about trading smarter, not just more. * I went back through the code to make sure no the strategy would not suffer from repainting, forward looking, or any frowned upon loopholes. Disclaimer: Trading is risky and carries the risk of substantial loss. Do not use funds you aren’t prepared to lose. This is for research and informational purposes only, not financial advice. Backtest, paper trade, and know your risk before going live. Past performance is not a guarantee of future results. Expect more: We’ll keep pushing the standard, keep evolving the bar until “quant” actually means something in the public code space. Use with clarity, use with discipline, and always trade your edge. — Dskyz , for DAFE Trading Systems
Pine Script® stratejisi
DskyzInvestments tarafından
5
Machine Learning Signal FilterIntroducing the "Machine Learning Signal Filter," an innovative trading indicator designed to leverage the power of machine learning to enhance trading strategies. This tool combines advanced data processing capabilities with user-friendly customization options, offering traders a sophisticated yet accessible means to optimize their market analysis and decision-making processes. Importantly, this indicator does not repaint, ensuring that signals remain consistent and reliable after they are generated. Machine Learning Integration The "Machine Learning Signal Filter" employs machine learning algorithms to analyze historical price data and identify patterns that may not be immediately apparent through traditional technical analysis. By utilizing techniques such as regression analysis and neural networks, the indicator continuously learns from new data, refining its predictive capabilities over time. This dynamic adaptability allows the indicator to adjust to changing market conditions, potentially improving the accuracy of trading signals. Key Features and Benefits Dynamic Signal Generation: The indicator uses machine learning to generate buy and sell signals based on complex data patterns. This approach enables it to adapt to evolving market trends, offering traders timely and relevant insights. Crucially, the indicator does not repaint, providing reliable signals that traders can trust. Customizable Parameters: Users can fine-tune the indicator to suit their specific trading styles by adjusting settings such as the temporal synchronization and neural pulse rate. This flexibility ensures that the indicator can be tailored to different market environments. Visual Clarity and Usability: The indicator provides clear visual cues on the chart, including color-coded signals and optional display of signal curves. Users can also customize the table's position and text size, enhancing readability and ease of use. Comprehensive Performance Metrics: The indicator includes a detailed metrics table that displays key performance indicators such as return rates, trade counts, and win/loss ratios. This feature helps traders assess the effectiveness of their strategies and make data-driven decisions. How It Works The core of the "Machine Learning Signal Filter" is its ability to process and learn from large datasets. By applying machine learning models, the indicator identifies potential trading opportunities based on historical data patterns. It uses regression techniques to predict future price movements and neural networks to enhance pattern recognition. As new data is introduced, the indicator refines its algorithms, improving its accuracy and reliability over time. Use Cases Trend Following: Ideal for traders seeking to capitalize on market trends, the indicator helps identify the direction and strength of price movements. Scalping: With its ability to provide quick signals, the indicator is suitable for scalpers aiming for rapid profits in volatile markets. Risk Management: By offering insights into trade performance, the indicator aids in managing risk and optimizing trade setups. In summary, the "Machine Learning Signal Filter" is a powerful tool that combines the analytical strength of machine learning with the practical needs of traders. Its ability to adapt and provide actionable insights makes it an invaluable asset for navigating the complexities of financial markets. The "Machine Learning Signal Filter" is a tool designed to assist traders by providing insights based on historical data and machine learning techniques. It does not guarantee profitable trades and should be used as part of a comprehensive trading strategy. Users are encouraged to conduct their own research and consider their financial situation before making trading decisions. Trading involves significant risk, and it is possible to lose more than the initial investment. Always trade responsibly and be aware of the risks involved.
Pine Script® göstergesi
Julien_Eche tarafından
10
Swing-Based Volatility IndexSwing-Based Volatility Index This indicator helps traders quickly determine whether the market has moved enough over the past few hours to justify scalping. It measures the percentage price swing (high to low) over a configurable time window (e.g., last 4–8 hours) and compares it to a minimum threshold (e.g., 1%). ✅ If the percent move exceeds the threshold → Market is volatile enough to scalp (green background). 🚫 If it's below the threshold → Market is too quiet (red background). Features: Adjustable lookback period in hours Custom threshold for volatility sensitivity Automatically adapts to the current chart timeframe This tool is ideal for scalpers and short-term traders who want to avoid entering trades in low-volatility environments.
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crodl tarafından
Liquidity Volume Panel Liquidity Volume Panel – Precision Tool for Scalpers & Intraday Traders This panel is designed to help traders quickly identify volume-driven moves, liquidity events, and fair-value zones. It combines classic volume analysis with enhanced tools like RVOL and VWAP deviation bands, making it ideal for scalping, momentum trading, and intraday strategies. 🔍 Included Features: ✅ Relative Volume (RVOL) Indicator Displays current volume in relation to its 20-period average – excellent for spotting low-activity zones or high-pressure breakouts. ✅ Dynamic Volume Coloring & Spike Detection Color-coded volume logic highlights normal, strong, and extremely high volume, with visual markers for volume spikes (>200% of average). ✅ VWAP with ±1σ & ±2σ Bands Industry-standard deviation bands show overbought/oversold conditions and dynamic support/resistance based on volume-weighted pricing. ✅ Background Highlighting Subtle orange background alerts you when volume surges beyond extreme levels – making liquidity clusters instantly recognizable. Usage: Use this panel as a decision-making tool for entries, reversals, or breakouts – especially in fast-moving markets. Best used on lower timeframes for precision scalping.
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Mathias81 tarafından
Reversal rehersal v1This indicator was designed to identify potential market reversal zones using a combination of RSI thresholds (shooting range/falling range), candlestick patterns, and Fair Value Gaps (FVGs). By combining all these elements into one indicator, it allow for outputting high probability buy/sell signals for use by scalpers on low timeframes like 1-15 mins, for quick but small profits. Note: that this has been mainly tested on DE40 index on the 1 min timeframe, and need to be adjusted to whichever timeframe and symbol you intend to use. Refer to the backtester feature for checking if this indicator may work for you. The indicator use RSI ranges from two timeframes to highlight where momentum is building up. During these areas, it will look for certain candlestick patterns (Sweeps as the primary one) and check for existance of fair value gaps to further enhance the hitrate of the signal. The logic for FVG detection was based on ©pmk07's work with MTF FVG tiny indicator. Several major changes was implemented though and incorporated into this indicator. Among these are: Automatically adjustments of FVG boxes when mitigated partially and options to extend/cull boxes for performance and clarity. Backtesting Table (Experimental): This indicator also features an optional simplified table to review historical theoretical performance of signals, including win rate, profit/loss, and trade statistics. This does not take commision or slippage into consideration. Usage Notes: Setup: 1. Add the indicator to your chart. 2. Decide if you want to use Long or Short (or both). 3. If you're scalping on ie. 1 min time frame, make sure to set FVG's to higher timeframes (ie. 5, 15, 60). 4. Enable the 'Show backtest results' and adjust the 'Signals' og 'Take profit' and 'Stop loss' values until you are satisfied with the results. Use: 1. Setup an alert based on either of the 'BullishShooting range' or 'BearishFalling range' alerts. This will draw your attention to watch for the possible setups. 2. Verify if there's a significant imbalance prior to the signal before taking the trade. Otherwise this may invalidate the setup. 3. Once a signal is shown on the graph (either Green arrow up for buys/Red arrow down for sells) - you should enter a trade with the given 'Take profit' and 'Stop loss' values. 4. (optional) Setup an alert for either the Strong/Weak signals. Which corresponds to when one of the arrows are printed. Important: This is the way I use it myself, but use at own risk and remember to combine with other indicators for further confluence. Remember this is no crystal ball and I do not guarantee profitable results. The indicator merely show signals with high probability setups for scalping.
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Jomse tarafından
9
Multi-Timeframe Stochastic OverviewPurpose of the Multi-Timeframe Stochastic Indicator: The Multi-Timeframe Stochastic Indicator provides a consolidated view of market conditions across multiple timeframes (M1, M5, M15, H1) based on the Stochastic Oscillator, a popular technical analysis tool. The main objective is to allow traders to quickly assess momentum and potential trend reversals across different timeframes on a single chart, helping to make informed trading decisions. --- General Purpose of Stochastic Oscillator: The Stochastic Oscillator measures the relationship between a security's closing price and its price range over a given period, aiming to identify momentum, overbought/oversold levels, and potential reversal points. It works on the assumption that: 1. In uptrends, prices tend to close near their highs. 2. In downtrends, prices tend to close near their lows. It consists of two lines: %K (fast line): Represents the raw Stochastic value. %D (slow line): A moving average of %K, used to smooth the data for better signals. The indicator is generally used to: Identify Overbought (price above 80% threshold) and Oversold (price below 20% threshold) conditions. Spot Bullish and Bearish divergences for potential trend reversals. Evaluate momentum strength within a trend. --- How This Multi-Timeframe Indicator Enhances Stochastic's Utility: 1. Multi-Timeframe Overview: The indicator calculates Stochastic values for multiple timeframes (1-minute, 5-minute, 15-minute, and 1-hour) and displays their market conditions (e.g., Bullish, Bearish, Overbought, Oversold, or Indecision) in an organized table format. This gives traders a broad perspective on short-term, mid-term, and long-term trends simultaneously. 2. Market Condition Summary: Bullish: Indicates upward momentum (both %K and %D > 50%). Bearish: Indicates downward momentum (both %K and %D < 50%). Overbought: Suggests potential trend exhaustion (both %K and %D > 80%). Oversold: Suggests a potential reversal to the upside (both %K and %D < 20%). Indecision: Highlights uncertainty when %K and %D are on opposite sides of the 50% level. 3. Quick Decision-Making: The color-coded table (green for Bullish/Overbought, red for Bearish/Oversold, orange for Indecision) allows traders to quickly identify dominant conditions and momentum alignment across timeframes, helping in trade confirmation. 4. Trend Analysis: By observing alignment or divergence in market conditions across timeframes, traders can gauge the strength of a trend or anticipate reversals. For example: If all timeframes show "Bullish," it suggests strong momentum. If smaller timeframes are "Overbought" while larger ones are "Bearish," it warns of a possible pullback. 5. Customizable Parameters: The indicator allows customization of Stochastic K, D, smoothing values, and overbought/oversold levels, enabling users to tailor the analysis to specific trading styles or market conditions. --- Use Cases: 1. Scalping: A scalper can use lower timeframes (e.g., M1, M5) to find overbought/oversold zones for quick trades. 2. Swing Trading: Swing traders can align smaller timeframes with higher ones (e.g., M15 and H1) to confirm momentum before entering a trade. 3. Trend Reversals: Overbought or oversold conditions across all timeframes may indicate a major reversal point, helping traders plan exits or countertrend entries. 4. Trend Continuation: Consistent bullish or bearish conditions across all timeframes confirm the continuation of a trend, providing confidence to hold positions. --- Summary: This indicator enhances the traditional Stochastic Oscillator by giving a multi-timeframe snapshot of market momentum, overbought/oversold conditions, and trend direction. It enables traders to quickly assess the overall market state, spot opportunities, and make more informed trading decisions.
Pine Script® göstergesi
Elwick tarafından
1
The Most Powerful TQQQ EMA Crossover Trend Trading StrategyTQQQ EMA Crossover Strategy Indicator Meta Title: TQQQ EMA Crossover Strategy - Enhance Your Trading with Effective Signals Meta Description: Discover the TQQQ EMA Crossover Strategy, designed to optimize trading decisions with fast and slow EMA crossovers. Learn how to effectively use this powerful indicator for better trading results. Key Features The TQQQ EMA Crossover Strategy is a powerful trading tool that utilizes Exponential Moving Averages (EMAs) to identify potential entry and exit points in the market. Key features of this indicator include: **Fast and Slow EMAs:** The strategy incorporates two EMAs, allowing traders to capture short-term trends while filtering out market noise. **Entry and Exit Signals:** Automated signals for entering and exiting trades based on EMA crossovers, enhancing decision-making efficiency. **Customizable Parameters:** Users can adjust the lengths of the EMAs, as well as take profit and stop loss multipliers, tailoring the strategy to their trading style. **Visual Indicators:** Clear visual plots of the EMAs and exit points on the chart for easy interpretation. How It Works The TQQQ EMA Crossover Strategy operates by calculating two EMAs: a fast EMA (default length of 20) and a slow EMA (default length of 50). The core concept is based on the crossover of these two moving averages: - When the fast EMA crosses above the slow EMA, it generates a *buy signal*, indicating a potential upward trend. - Conversely, when the fast EMA crosses below the slow EMA, it produces a *sell signal*, suggesting a potential downward trend. This method allows traders to capitalize on momentum shifts in the market, providing timely signals for trade execution. Trading Ideas and Insights Traders can leverage the TQQQ EMA Crossover Strategy in various market conditions. Here are some insights: **Scalping Opportunities:** The strategy is particularly effective for scalping in volatile markets, allowing traders to make quick profits on small price movements. **Swing Trading:** Longer-term traders can use this strategy to identify significant trend reversals and capitalize on larger price swings. **Risk Management:** By incorporating customizable stop loss and take profit levels, traders can manage their risk effectively while maximizing potential returns. How Multiple Indicators Work Together While this strategy primarily relies on EMAs, it can be enhanced by integrating additional indicators such as: - **Relative Strength Index (RSI):** To confirm overbought or oversold conditions before entering trades. - **Volume Indicators:** To validate breakout signals, ensuring that price movements are supported by sufficient trading volume. Combining these indicators provides a more comprehensive view of market dynamics, increasing the reliability of trade signals generated by the EMA crossover. Unique Aspects What sets this indicator apart is its simplicity combined with effectiveness. The reliance on EMAs allows for smoother signals compared to traditional moving averages, reducing false signals often associated with choppy price action. Additionally, the ability to customize parameters ensures that traders can adapt the strategy to fit their unique trading styles and risk tolerance. How to Use To effectively utilize the TQQQ EMA Crossover Strategy: 1. **Add the Indicator:** Load the script onto your TradingView chart. 2. **Set Parameters:** Adjust the fast and slow EMA lengths according to your trading preferences. 3. **Monitor Signals:** Watch for crossover points; enter trades based on buy/sell signals generated by the indicator. 4. **Implement Risk Management:** Set your stop loss and take profit levels using the provided multipliers. Regularly review your trading performance and adjust parameters as necessary to optimize results. Customization The TQQQ EMA Crossover Strategy allows for extensive customization: - **EMA Lengths:** Change the default lengths of both fast and slow EMAs to suit different time frames or market conditions. - **Take Profit/Stop Loss Multipliers:** Adjust these values to align with your risk management strategy. For instance, increasing the take profit multiplier may yield larger gains but could also increase exposure to market fluctuations. This flexibility makes it suitable for various trading styles, from aggressive scalpers to conservative swing traders. Conclusion The TQQQ EMA Crossover Strategy is an effective tool for traders seeking an edge in their trading endeavors. By utilizing fast and slow EMAs, this indicator provides clear entry and exit signals while allowing for customization to fit individual trading strategies. Whether you are a scalper looking for quick profits or a swing trader aiming for larger moves, this indicator offers valuable insights into market trends. Incorporate it into your TradingView toolkit today and elevate your trading performance!
Pine Script® stratejisi
Pineify tarafından
1
Uptrick: SMA Pivot Marker### Uptrick: SMA Pivot Marker (SPM) — Extensive Guide #### Introduction The **Uptrick: SMA Pivot Marker (SPM)** is a sophisticated technical analysis tool crafted by Uptrick to help traders interpret market trends and identify key price levels where significant reversals might occur. By integrating the principles of the Simple Moving Average (SMA) with pivot point analysis, the SPM offers a comprehensive approach to understanding market dynamics. This extensive guide explores the purpose, functionality, and practical applications of the SPM, providing an in-depth analysis of its features, settings, and usage across various trading strategies. #### Purpose of the SPM The **SMA Pivot Marker (SPM)** aims to enhance trading strategies by offering a dual approach to market analysis: 1. **Trend Identification**: - **Objective**: To discern the prevailing market direction and guide trading decisions based on the overall trend. - **Method**: Utilizes the SMA to smooth out price fluctuations, providing a clearer picture of the trend. This helps traders align their trades with the market's direction, increasing the probability of successful trades. 2. **Pivot Point Detection**: - **Objective**: To identify key levels where the price is likely to reverse, providing potential support and resistance zones. - **Method**: Calculates and marks pivot highs and lows, which are significant price points where previous trends have reversed. These levels are used to predict future price movements and establish trading strategies. 3. **Trend Change Alerts**: - **Objective**: To notify traders of potential shifts in market direction, enabling timely adjustments to trading positions. - **Method**: Detects and highlights crossover and crossunder points of the smoothed line, indicating possible trend changes. This helps traders react promptly to changing market conditions. #### Detailed Functionality 1. **Smoothing Line Calculation**: - **Simple Moving Average (SMA)**: - **Definition**: The SMA is a type of moving average that calculates the average of a security’s price over a specified number of periods. It smooths out price data to filter out short-term fluctuations and highlight the longer-term trend. - **Calculation**: The SMA is computed by summing the closing prices of the chosen number of periods and then dividing by the number of periods. For example, a 20-period SMA adds the closing prices for the past 20 periods and divides by 20. - **Purpose**: The SMA helps in identifying the direction of the trend. A rising SMA indicates an uptrend, while a falling SMA indicates a downtrend. This smoothing helps traders to avoid being misled by short-term price noise. 2. **Pivot Points Calculation**: - **Pivot Highs and Lows**: - **Definition**: Pivot points are significant price levels where a market trend is likely to reverse. A pivot high is the highest price over a certain period, surrounded by lower prices on both sides, while a pivot low is the lowest price surrounded by higher prices. - **Calculation**: The SPM calculates pivot points based on a user-defined lookback period. For instance, if the lookback period is set to 3, the indicator will find the highest and lowest prices within the past 3 periods and mark these points. - **Purpose**: Pivot points are used to identify potential support and resistance levels. Traders often use these levels to set entry and exit points, stop-loss orders, and to gauge market sentiment. 3. **Visualization**: - **Smoothed Line Plot**: - **Description**: The smoothed line, calculated using the SMA, is plotted on the chart to provide a visual representation of the trend. This line adjusts its color based on the trend direction, helping traders quickly assess the market condition. - **Color Coding**: The smoothed line is colored green (upColor) when it is rising, indicating a bullish trend, and red (downColor) when it is falling, indicating a bearish trend. This color-coding helps traders visually differentiate between uptrends and downtrends. - **Line Width**: The width of the line can be adjusted to improve visibility. A thicker line may be more noticeable, while a thinner line might provide a cleaner look on the chart. - **Pivot Markers**: - **Description**: Pivot highs and lows are marked on the chart with lines and labels. These markers help in visually identifying significant price levels. - **Color and Labels**: Pivot highs are represented with green lines and labels ("H"), while pivot lows are marked with red lines and labels ("L"). This color scheme and labeling make it easy to distinguish between resistance (highs) and support (lows). 4. **Trend Change Detection**: - **Trend Up**: - **Detection**: The indicator identifies an upward trend change when the smoothed line crosses above its previous value. This crossover suggests a potential shift from a downtrend to an uptrend. - **Usage**: Traders can interpret this signal as a potential buying opportunity or an indication to review and possibly adjust their trading positions to align with the new uptrend. - **Trend Down**: - **Detection**: A downward trend change is detected when the smoothed line crosses below its previous value. This crossunder indicates a potential shift from an uptrend to a downtrend. - **Usage**: This signal can be used to consider selling opportunities or to reassess long positions in light of the emerging downtrend. #### User Inputs 1. **Smoothing Period**: - **Description**: This input determines the number of periods over which the SMA is calculated. It directly affects the smoothness of the line and the sensitivity of trend detection. - **Range**: The smoothing period can be set to any integer value greater than or equal to 1. There is no specified upper limit, offering flexibility for various trading styles. - **Default Value**: The default smoothing period is 20, which is a common choice for medium-term trend analysis. - **Impact**: A longer smoothing period results in a smoother line, filtering out more noise and highlighting long-term trends. A shorter period makes the line more responsive to recent price changes, which can be useful for short-term trading strategies. 2. **Pivot Lookback**: - **Description**: This input specifies the number of periods used to calculate the pivot highs and lows. It influences the sensitivity of pivot point detection and the relevance of the identified levels. - **Range**: The pivot lookback period can be set to any integer value greater than or equal to 1, with no upper limit. Traders can adjust this parameter based on their trading timeframe and preferences. - **Default Value**: The default lookback period is 3, which provides a balance between detecting significant pivots and avoiding excessive noise. - **Impact**: A longer lookback period generates more stable pivot points, suitable for identifying long-term support and resistance levels. A shorter lookback period results in more frequent and recent pivot points, useful for intraday trading and quick responses to price changes. #### Applications for Different Traders 1. **Trend Followers**: - **Using the SMA**: Trend followers utilize the smoothed line to gauge the direction of the market. By aligning trades with the direction of the SMA, traders can capitalize on sustained trends and improve their chances of success. - **Trend Change Alerts**: The trend change markers alert trend followers to potential shifts in market direction. These alerts help traders make timely decisions to enter or exit positions, ensuring they stay aligned with the prevailing trend. 2. **Reversal Traders**: - **Pivot Points**: Reversal traders focus on pivot highs and lows to identify potential reversal points in the market. These points indicate where the market has previously reversed direction, providing potential entry and exit levels for trades. - **Pivot Markers**: The visual markers for pivot highs and lows serve as clear signals for reversal traders. By monitoring these levels, traders can anticipate price reversals and plan their trades to exploit these opportunities. 3. **Swing Traders**: - **Combining SMA and Pivot Points**: Swing traders can use the combination of the smoothed line and pivot points to identify medium-term trading opportunities. The smoothed line helps in understanding the broader trend, while pivot points provide specific levels for potential swings. - **Trend Change Alerts**: Trend change markers help swing traders spot new swing opportunities as the market shifts direction. These markers provide potential entry points for swing trades and help traders adjust their strategies to capitalize on market movements. 4. **Scalpers**: - **Short-Term Analysis**: Scalpers benefit from the short-term signals provided by the SPM. The smoothed line and pivot points offer insights into rapid price movements, while the trend change markers highlight quick trading opportunities. - **Pivot Points**: For scalpers, pivot points are particularly useful in identifying key levels where price may reverse within a short time frame. By focusing on these levels, scalpers can plan trades with tight stop-loss orders and capitalize on quick price changes. #### Implementation and Best Practices 1. **Setting Parameters**: - **Smoothing Period**: Adjust the smoothing period according to your trading strategy and market conditions. For long-term analysis, use a longer period to filter out noise and highlight broader trends. For short-term trading, a shorter period provides more immediate insights into price movements. - **Pivot Lookback**: Choose a lookback period that matches your trading timeframe. For intraday trading, a shorter lookback period offers quick identification of recent price levels. For swing trading or long-term strategies, a longer lookback period provides more stable pivot points. 2. **Combining with Other Indicators**: - **Integration with Technical Tools**: The SPM can be used in conjunction with other technical indicators to enhance trading decisions. For instance, combining the SPM with indicators like RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence) can provide additional confirmation for trend signals and pivot points. - **Support and Resistance**: Integrate the SPM’s pivot points with other support and resistance levels to gain a comprehensive view of market conditions. This combined approach helps in identifying stronger levels of support and resistance, improving trade accuracy. 3. **Backtesting**: - **Historical Performance**: Conduct backtesting with historical data to evaluate the effectiveness of the SPM. Analyze past performance to fine-tune the smoothing period and pivot lookback settings, ensuring they align with your trading style and market conditions. - **Scenario Analysis**: Test the SPM under various market scenarios to understand its performance in different conditions. This analysis helps in assessing the reliability of the indicator and making necessary adjustments for diverse market environments. 4. **Customization**: - **Visual Adjustments**: Customize the appearance of the smoothed line and pivot markers to enhance chart readability and match personal preferences. Clear visual representation of these elements improves the effectiveness of the indicator. - **Alert Configuration**: Set up alerts for trend changes to receive timely notifications. Alerts help traders act quickly on potential market shifts without constant monitoring, allowing for more efficient trading decisions. #### Conclusion The **Uptrick: SMA Pivot Marker (SPM)** is a versatile and powerful technical analysis tool that combines the benefits of the Simple Moving Average with pivot point analysis. By providing insights into market trends, identifying key reversal points, and detecting trend changes, the SPM caters to a wide range of trading strategies, including trend following, reversal trading, swing trading, and scalping. With its customizable inputs, visual markers, and trend change alerts, the SPM offers traders the flexibility to adapt the indicator to different market conditions and trading styles. Whether used independently or in conjunction with other technical tools, the SPM is designed to enhance trading decision-making and improve overall trading performance. By mastering the use of the SPM, traders can gain a valuable edge in navigating the complexities of financial markets and making more informed trading decisions.
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