MZ HTF HFT ROCit Bot - Non Repainting Scalper v1.2 ADX RSI MOM This is a new iteration based on my Momentum trading bot.
This is an original script meant to be a high frequency trader that works on higher time frame calculations.
I came up with the idea that using calculus I can figure out the actual rate of change and momentum with different calculations than the momentum indicator that is provided by trading view. Once momentum is shifted on a small time frame, it will provide an entry signal. The script is meant to be used on an algorithmic trading system for scalping purposes. It should be run on a one minute time frame. Unfortunately due to various plotting constraints in Pinescript, you cannot plot the rate of change and momentum and price in the same pane. To counter this, I have a showdata toggle to give you values of the indicators at each entry.
This version has two main entry settings toggled with a checkbox. There is the ROC (rate of change) version and the MOM (momentum) entry signals.
The rate of change version is meant to take a look at your moving average and try to trigger when it hits a certain rate of change point. This can be helpful if you rather play it safer. I have noticed that you can get slightly better entry points but also does not give you as many entries. The momentum algorithm will give you faster entry points and might work best with a slight offset (use your back test to help you figure it out).
I have started to add tooltips to help you along. If you have suggestions please let me know.
How does it work?
Let's just assume that you are looking at a one minute chart. I recommend using the one minute for bots because it will give you the fastest execution for entries. Pinescript has an issue where the signal is not usually sent until the end of the bar/beginning of next bar. If the signal was triggered at the beginning of a 15 minute bar, it might not actually send the signal until the following 15 minute bar. If you are trading on small time frames, this can make all the difference. If you are using an algo platform that trailing stops, stop losse, take profits, etc. I would recommend you use that platform to close your trade. The close trade message will work, but pinescript does not know the exact entry price you received, so if you are trying to collect small profits, it is best that intermediary platform does that calculation for you. If you are dealing with larger moves, instead of small 1-3% scalps, you are probably fine to use the close message setting from pinescript.
Ok, so to take an example. I like to use the 3L and 3S tokens on Kucoin. This gives you a lot of volatility to work with compared to other tokens and coins. However, it can also meas that you are likely taking a higher risk. However, there are some things that can help with that (more on that later).
So we have a token we want to run, and have it on the 1m chart.
First, be sure that all of your filters are OFF when you start playing with the back test. This allows you to see how to best optimize the bot.
Use the show data to show you additional data when you are backtesting. This can allow you to try to filter out results or market conditions that do not work. I typically work with the RSI and use the 30 minute and 15 minute RSIs. I make sure that it is trading within a certain band - about 40-75. You can try the inverse and only buy during really low RSI's as well.
www.dropbox.com
Find the source of your data with the variant drop down. You can use any time frame, open, close. high, low, olc4. Open is pretty much guaranteed to not have any repainting issues - although all the other calcs use a custom isbarconfirmed security repaint calculation. I have been finding that Open and SMA work well, but feel free to explore. If you use a source like open, close, high, low, etc - the interval will not change anything further. If you use a variant such as an sma, you should try to find an interval that works well for that token. For instance, try an sma of 8-11 minutes and see which gives you the best backtest result without changing anything else. Offset ALMA/LSMA parameters are only used for those specific variants. These specific parameters will also affect the ALMA and LSMA if you use that variant in the trend filter. In other words, you can skip these if you are not using those types of moving averages.
www.dropbox.com
Configure the ROC and MOM intervals. If you are using a source such as open, close, etc- this is where you set the interval for your change. So consider using OHLC4 or a interval of 5 thru 15 and see what works best. The Momentum inverval usually works best in the 2-5 bars. There is a custom calculation I added in to try to filter out false entries as momentum is waning. This calculation works best in 2-5 bar interval.
Configure the trigger point and offset. If you are using rate of change, the best settings will likely be between -1 to 0.5. If you are using momentum, you will likely want -20 to 10. This is where you will notice the entries will shift a bit. Try to find a balance between your backtest settings and actually finding what you thin will be the best entries based on a slight delay from trading view, to algo, to your trading platform. This can likely be a minute (maybe even) or so- so be sure to not get too caught up between the backtest results and be sure to finesse the entries to actually fit nicely - maybe a bar earlier than you would likely think. If your entries are coming in too early, you can use the offset to delay your entry by a few bars. This is both science and an art form- don't get too caught up on the back test results as that is based on having all the data tha already transpired, it's not based on how it will actually perform during deployment.
Take profit and stop loss. This should be self explanatory. This script can toggle between static take profit and a trailing profit. For scalping, you will likely want to limit it below 2% to get a good win ratio. Stop loss should be at least 5-6% for these types of 3L/3S tokens to give the strategy some room to move (if the token goes down 2% before it shoots back up, the price will go down 6%). This does not yield the best R/R ratio from a traditional trader perspective, but the statistical probabilities are in your favor for these events will happen. If you have better ideas for how to set this all up, feel free to contribute your ideas in the comments as we can all learn from each other. You can definitely set a much tighter stop loss with a larger take profit to get a lower win rate but in turn might get much better returns. It's all up to you.
FILTERS www.dropbox.com
These filters require you to know a bit about each indicator and how you want to use them. I will only go over the general idea.
Variant Filter - this is especially useful if you want to trade above a moving average. Say for instance you only want to take trades when we are over the 100 Day moving average. Or above a 30 minute, 30 bar EMA, etc. Although originally ported over from my other scripts, this is not a filter that I use often in conjunction with this script.
RSI - perhaps you want to buy when we are below the 30 line on the 30 minute RSI, or we want only want to have the strategy work when we are above the 50 RSI, this can all be configured here. I typically like to try a few different rationales here.
Now with brand NEW ADX filter - this is a brand new idea that seems to work rather well. Based on your ADX settings you can also turn on the "only uptrend" which will try to calculate if you are in an uptrend based on your ADX config. Please keep in mind that uptrend is based relatively on the ADX settings.
- There is a sprinkle of RSI magic in the entry signal to make sure that rsi is not declining in the calculation, so this can affect how many entries you get.
Some other tips:
Forward test.
Set up your algo bot on a one minute interval.
Set up take profit and stop loss on your algo trading platform.
Don't use the exact settings as your backtest, maybe try a slightly more conservative approach from the algo trading platform to make sure you are within range of triggering your events with a slight delay from signal to execution. If you have a 1.6% take profit, perhaps try 1.5% on your platform first.
By using these scripts you agree that you are trading at your own risk. I make no guarantees of returns or results. I just provide tools to help you trade better. However, I hope this ROCit will take you to the moon. And if it does, be sure to give me a shout as well as some tips of your own.
Send me a message with any questions or suggestions.
Komut dosyalarını "scalp" için ara
FY Forex ScalperFy Forex Scalper Indicator:
A powerful indicator that you can use to scalp forex markets, it helps you identify the trend and direction of the market in both long term and short term time frames. The Arrows give you entry points. Read the detailed explanation below and if you have any questions feel free to message.
How does it work:
Fy Forex Scalper has two main aspects one is candles and the other is band both are color coded and works independently. As we all know, markets are not always trending and often move in a tight range. The Fy Forex Scalper indicator assists you in identifying trading opportunities by displaying trading zones and non-trading zones by painting the candles in three different colors: red, yellow, and green. When the candles are red, the script is in the selling zone, when the candles are green, the script is in the buying zone, and when the candles are yellow, the script is non trading zone. The band mainly works as support and resistance and gives you overall trend direction, If the band is red the trend direction is down and if band is in green the trend is up. So both candles and band give you the trend direction how to enter the trade explained below.
How to enter the trade:
Long Entry: Enter the trade when you get the up arrow near the band and make sure the band color is green. When you get the up arrow and band is red you can consider it as false signal.
Short Entry: Enter the trade when you get a down arrow near the band and make sure the band color is also red. When you get the down arrow and the band is in green color you can consider it as a false signal.
What markets it work:
Mainly use it for Forex, Crypto or scripts that move faster.
What time frame is best:
Use 5 mins when the market is moving (like Asian or London opening) use one min when the market isn’t moving.
Can we use it for Swing Trading:
Though it works , but the primary purpose of this indicator is for scalping so better use it on shorter time frames.
How to get access:
This is invite only script so to get access message me.
TRADINGEDGE ACADEMY'S INTRADAY SCALPING SYSTEMTE SCALPER has been designed to assist the traders during the live market hours in their decision making process. Along with Multitimeframe Trend Analyzer, this system supports the traders to quickly decide ENTRY & EXIT prices while SCALPING.
TimeFrame: Works best in 3mins & 5mins TF.
How to take entry:
1. Conifrm Trend using Multitimeframe Trend Analyzer.
BLUE - BULLISH
RED - BEARISH
2. FOR BULLISH ENTRY
1st BLUE candle shows probable BUYING ENTRY. 2nd BLUE candle closing above the 1st BLUE candle gives CONFIRMATION.
After CONFIRMATION, BUY at candle's HIGH with last wave's LOW as SL for TARGET R:R - 1:1.
REMEMBER, THIS IS A SCALPING TOOL. KEEP BOOKING PROFITS.
3. FOR BEARISH ENTRY - Folow the same rules.
NOTE - For DEMO & ACCESS, contact me.
Ma'RenkoMa'Renko is simple, yet powerful trading system designed to help scalpers who use Renko charts (including ATR-based, but it should work with any type of candles as well). The thickness of color bands represents different trend characteristics (mostly volume and speed of price changing) which allow a trader to filter out false pivot points, enter and exit more wisely. The chart speaks for itself.
Entry helperHello traders,
This is a script I use daily as a scalper and it helps me a lot, maybe it can help you, this is why I am sharing it!
PART 1 - DESCRIPTION
This program is specifically designed to help scalpers but can be used for all types of trading but won't be as useful.
This script is what I call an entry helper as it calculates dynamically the position size, stop loss and take profit levels and more.
When scalping and placing market entry orders, the price can move significantely while you are calculating your position size according to your stop loss, capital, risk and especially close price that changes very quickly, this results in a risk that is not ideally controlled and personally was a source of frustration and stress. I wanted to enter my quantity and stop loss values as fast as possible and make the process easier.
This script automates the calculation of the position size, stop loss and take profit levels according the the users input and prints the data visibly on the screen so it is easy to copy by the trader. It allows the trader to be confident that his risk is as controlled as possible.
The script is easy to use and set up, this guide will help you if you have any difficulies or questions.
PART 2 - HOW TO USE THE SCRIPT
- SET THE CAPITAL SETTINGS
1 - Set your capital value in $
- SET THE TRADE SETTINGS
2 - Set your trade side (BUY or SELL)
3 - Set you desired risk in % of your capital
- ENTRY SETTINGS
4 - Set your entry from 2 different options
|MARKET| (default option)
This option will place the entry level at the last available price
|LIMIT|
This option allows you to input a fixed price level for the entry
- STOP LOSS SETTINGS
5 - Select your stop loss placement from 4 different options
|EXTREMA STOP LOSS| (default option)
This option will place the stop loss at the highest/lowest (extrema) price level within the last N candles
|ATR EXTREMA|
This option uses the same price level as the EXTREMA STOP LOSS but will add/soustract the last ATR value (calculated on the N last candles) multiplied by a coefficient that you input
|TICKS EXTREMA|
This option uses the same price level as the EXTREMA STOP LOSS but will add/soustract a number of ticks that you input
|PRICE LEVEL|
This option allows you to input a fixed price level for the stop loss
- TAKE PROFIT SETTINGS
6 - Select your take profit from 3 different options
|NONE| (default option)
This option will not display any take profit level, I have added this option as I don't have take profit targets
|RR|
This option uses a risk to reward ratio (reward/risk) that you input, it will automatically calculate the take profit level that corresponds
|PRICE LEVEL|
This option allows you to input a fixed price level for the take profit
- QUANTITY AND FEE SETTINGS
7 - Set the quantity settings, it represents the quantity in a lot (usually 100 000 in forex, 100 in stocks 1 for crypto currencies)
8 - Set the fee per quantity (turning lot)
- VISUAL SETTINGS
9 - Show or remove the tab
- TAB SETTINGS
10 - Select the data that you want to display in the tab (the tab will adapt automatically)
NOTES:
The vertical dashed line shows what candle has been used for the calculation of the stop loss, it allows you to visualize what candle the script has selected in case of an EXTREMA stop loss option.
I hope this helps you out! Any suggestions are welcome and I hope that the guide is clear enough.
Happy trading!
Swing ComparatorHere I bring you an array of methods to compare the swings and consistency between assets.
This indicator is excellent for swing traders and scalpers looking to maximize their profits by examining which of two closely related pairs provides greater price fluctuation during given period.
This indicator works against two assets, which are to be configured in settings.
This indicator has 5 particular plots for you to examine, each which can be considered for you to contemplate which pair for you to next perform a trade on.
First off, let's start with the blue.
The blue is simply a pearson correlation coefficient, thankfully now included in tradingview. This provides a value of 1 as values show to be close correlation, 0 showing no correlation, and -1 showing negative correlation - meaning an increase in one pair correlates to a decrease in another pair. This will turn green when greater than 0.975, showing a very strong relationship between the two pairs, and red when below -0.975. This is the only plot to be interpreted on a scale from -1 to +1.
Next, we have the purple and yellow background plots, followed by the white and green moving averages. Though similar, these are all slightly different.
For each of these 4 plots, a value greater than 0 indicates greater price swings for your Symbol #1, while a value less than 0 indicates greater price swings for Symbol #2.
These calculations are performed on a per bar basis, meaning you're likely going to be examining bars longer than what you'll normally be trading on. Use confluence, as well as your own judgement for this.
For example, if symbol #1 provides a bar with an open value 1% greater or less than close, providing a 1% swing on a given bar, but symbol #2 provides 2%, the indicator will fall down toward the negative, as Symbol #2 had the greater swing.
First, yellow focuses on only open/close bar values, and thus the body of the candlestick.
Purple, on the other hand, focuses on the wicks of the candle - thus, the high/low values. I've opted to make these two different values as a wick focuses on the embodiment within the time period, and body focuses on the open/close instant.
Next, the green is an extended EMA of the purple - High/Low ratio. This is important to examine trend overtime, and reduce unneeded noise.
Lastly, the white is simply difference in the standard deviation of the particular bars, between the two symbols you have selected. The tends to usually tie up with the green pretty well.
Considering this is going to by nature be very noisy datasets, I have included in settings the option to extend an EMA for everything. They have their default settings, but if you'd like to examine the trend without an EMA, feel free to set it to 1 to eliminate its effects.
I have additionally added the ability to introduce clipping, as well as scale the correlation coefficient to remain visible when examining very short term time scales. In the future, I hope to properly normalize all plots to remain within a -1 to +1 basis. Please be patient as I have multiple projects ongoing.
Suggestions and constructive criticism are very well encouraged.
Anyone is welcome to utilize this in their code, as well, i just ask you provide credit.
As you reduce to time frames less than a day, you will likely have to reduce the coefficient min/max closer to 0.025, or just hide it entirely.
TODO:
Make it look better. Sorry, folks.
Introduce latency between pairs.
Examine significance of a coefficient of determination
Remove static weights and introduce z-score and linear normalization.
Consider adding room for a 3rd pair. This could get ugly, however.
Safe Scalpy Stop Loss. Percentage from price visualizer.This is my first script I have published so bear with me.
I have thrown this together so you can easily see on the chart where -0.5%, -1% and -2% would be from the last candle close. I also replicated these to show positive values in case you are shorting.
I have also added a custom value setting so you can set the line at whatever percentage value you like and included an adjustable recent higher high and higher low finder to help create a recent range as it seems to work well in tandem for scalping range based price movement.
You can turn all these things on and off in the settings on the style checkboxes.
I felt the need to make this because I like to scalp trade with leverage like a total degen from time to time. Often the setups happen very quickly. It is difficult to calculate where to set a stop loss in a hurry so I keep a fixed account size/lev and just vary the position percentage size based on the percentage of the stop loss from the current price.
Sometimes when switching from a lower volatility chart to high volatility one it is easy to get caught out by quickly entering a scalp trade only to find you made your position way too big or you shouldn't have entered at all. You thought it was only moving 0.2% per candle instead of 3%. Whoops. Rekt.
This indicator is all about trying to help me avoid that with a visual clue to back up the bad maths I do quickly in my head.
I often hide it and only show it when I'm ready to enter a position to double check my SL and entry are set in a sensible area.
I thought I would publish it in case someone else finds such a simple tool handy.
Apologies if there is already something out there that does this job. I couldn't find it.
See you all on the moon.
Ehlers Super PassBand Filter [CC]The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and exit points. Buy when the indicator line is green and sell when it is red.
Let me know if there are other indicators you would like to see me publish or if you want something custom done!
1 Minute Scalper
How to use:
Green background: Long
With green background wait for white bars to appear, once white bars appear wait for green bars and enter long on break of high or close of green bar. The stop out of trade should be a candle that closes below the pivot: it should be apparent. (Can enter long after white bars if it has a long tail Stop below the tail).
Red background: Short
With red background wait for black bars to appear, once black bars appear wait for red bars and enter short on break of low or close of red bar. The stop out of trade should be a candle that closes above the pivot. (Can enter short after black bars if it has a long tail).
best of luck
Master ScalpA unique scalpel indicator with high accuracy analyzes the market and determines the points for entering a position. Allows you to trade inside the channel. The algorithm underlying it is protected by copyright.
[astropark] Crypto Swing Trading [alarms]Dear Followers,
today a Swing Trading Strategy , runnable on a bot , which works great from 30m timeframe and above. Best suggested timeframes are 1h and 4h.
If you are a scalper, you will love suggested entries for fast profit. You can run it from 1 minute timeframe if you are used to scalp trading and close each trade whenever you fell happy (a proper trailing stop strategy is suggested anyway).
This indicator can trigger till 5 or 20 buy or sell signals in a row before reverting (it changes greatly depending on timeframe you use), so use a proper money management .
This script will let you set alarms whenever a Buy or a Sell signal is drawn on chart. This way you can set all notifications you may need in order to be alerted on each triggered signal.
The backtesting-strategy version of this script can be found here below or by searching for "Crypto Swing Trading" and then choosing the "strategy" version.
Strategy results are calculated on the timeframe from January 2018 to now, so on about 2 years, using 10000$ as initial capital and working at 3x leverage (very safe leverage!).
This is not the "Holy Grail", so use a proper risk management strategy.
This is a premium indicator , so send me a private message in order to get access to this script.
PeBAS €$ 5minMy EuroDollar Scalper Script for the 5min Timeframe.
Script analyses the Trend and scalp only in the right direction. In short-trends we scalp short, in long-trends we scalp long. Everything else is stupid, i think.
Take care, there is no Stop Loss.
The script does not repaint!
Try it and think about your positions. Start for example with very small positions and get a ffeling for the script. And enjoy!
Take care in have the sunshine in your heart ... :)
Momentum Candle SEKOLAH TRADINGMomentum Candle - Sekolah Trading
This indicator is intended for scalpers because it has a high probability of winning on the 15-minute and 5-minute timeframes.
How to Use:
1. When a large candle with a short wick appears, a signal arrow will be displayed.
2. If the arrow remains visible until the candle closes, you may enter a trade on the next candle.
3. If the signal appears below a bullish candle, you can enter a buy trade following the momentum. If the signal appears above a bearish candle, you can enter a sell trade accordingly.
This indicator was developed by the Research and Development team at Sekolah Trading.
Andromeda [Loxx]Andromeda is a lower timeframe, high-leverage scalping indicator tuned to Cryptocurrency futures trading. It works by scanning for volatility spikes and then calculation the likelihood that those spikes will break market structure to the upside or downside.
Settings
Volatility Type: ATR or TRD, these types will be expanded in future releases.
Signal Speed: How quickly you'd like signals to flow in
Equity Calculation Method: Fixed or compounded. This determines trade size. If fixed, then the strategy uses the same quantity per trade, if compounded the strategy uses a percentage of cash on hand as that cash grows or shrinks
% Risk Per Trade: How much you'd like to risk per trade.
Leverage Multiple: How much leverage you'd like to use
% Maintenance Margin: You can find this value posted on the exchange you use
Enabled Forced Liquidation Stop-loss?: If enabled, the strategy will liquidate at measures of leverage automatically. 10x leverage liquidates at 10% opposite move for the trade, for example. This number will be adjusted by the % Maintenance Margin determined by the exchange.
% Minimum Take Profit Cutoff: This controls whether you wish to take trades only over XX% volatility. Since this indicator is to be used for small tight scalps, this keeps you out of trades that are too small to be useful for your desired trading style
Activate Long Pullback Rule?: This controls how the trade is entered. If activated, then the entry won't occur until a pullback happens after market structure break
Activate Short Pullback Rule?: This controls how the trade is entered. If activated, then the entry won't occur until a pullback happens after market structure break
Activate Trend Flip Exits?: Force strategy to exit when trend flips from short to long and long to short
Number of Take Profits: How many take profits levels. 1-5
Activate Trailing Take Profit?: Allows you to set a trailing stop loss after TP2 his hit
Trailing Take Profit Offset Multipler: This determines when the trailing stoploss hits. It's a multiple of volatility
Activate Moving Stop-loss?: Forces the stop loss to move up as targets are reached
Where to Move Stop-loss: At which Take Profit level do we begin to move stoplosses upward with targets
Show dip buying levels: If you have a high risk appetite, these are levels where you could increase your investment size, this has no effect on the strategy but is included for if you wish to manually add to your position size
Activate Longs?: Toggles on/off Longs
Activate Longs?: Toggles on/off Shorts
The remaining settings are multiples of volatility for Take Profits and dip buying levels
UI components
Big green and red plus signs means an entry point. PTF with green and red arrows means "prepare for trend flip". Not every PTF will actually flip the trend. These are just warning shots to make you aware that a possible trend flip is coming. Labels nest to market structure breaks with numbers are the ideal entry level. You can set limit orders at these levels so as to incur less exchange fees on Binance or Bybit for example. The data window provides useful information about the current trade and targets and stoploss of the next upcoming trade giving the current price action of the asset.
Other things to note
this is an extremely high risk strategy depending on how you tune the settings. You can tune down the settings to make it less risky at the cost of profit and hit rate, but that's up to you and your trading style. This can be used all all timeframes, but is meant for timeframes below 4 hours.
SIVE 2.0 - [Soldi]SIVE 2.0 IS FINALLY HERE, after the long awaited update we are finally able to bring to you SIVE 2.0!
SIVE 1.0 (Systematic Institutional Volatility Expansion) brought a whole new approach to the algorithm and retail trading game on TradingView. Never before have you had access to a quantitative institutional approach like this, after years in development and testing we finally brought SIVE 1.0 to market. With very very high demand, support and so much positive feedback we knew that what we've created really hit the mark for so many traders!
What is SIVE?
SIVE as stated above stands for, Systematic Institutional Volatility Expansion. What this means is we have a highly effective system that reads what institutional algorithms are proven to be looking at. While only providing alerts during periods where Volatility is Expanding
We don't shy away from volatility here, that is where the bread and butter lays. volatility is a double edged sword that not many people know how to effectively use to their advantage. Simply put, because they are told in their retail trading that volatility is risky, and that you should stay away from volatile products. I say embrace it with the right tools.
What Has Changed?
At the core, SIVE 2.0 brings more efficient calculations to the volatility modelling as well as the triggering of trades!
Trend Scalper - This is a sub-set strategy we have included, what it measures is 'Super Trend' with a deviation of 7 and the MTI ribbon crosses. This is to be used as a way to scalp and trade the momentum of the market. I am aware that another brand/community has put this out as a paid feature to their algorithm. Since they didn't want to credit me for my contribution I decided to release it for free and also add it here. This is listed in my scripts as a free to use access.
Volatility Confluence - We have now also added a feature where you can choose how many volatility models you want to be aligned before SIVE calls an alert. There are a total of 9 models we have included, example. You choose 3 'Volatility Confluence', this means that SIVE will only call alerts when 3 of those 9 models agree. This can be very effective if you want to have more refined volatility trades, giving you more confidence that an expansion will take place.
Low Volatility Flashes - You now have the ability to control the low volatility back ground flash feature that was included with SIVE 1.0
Volatility Candles - You can now plot the volatility strength as candles! before you weren't able to see the actual underlaying volatility . Till now, turn this on and watch it turn you candles into a colourful array of the rainbow based on the volatility . Note - You will either need to *bring to front* or turn off the price data to see it
Take Profit System (beta) - Before on SIVE 1.0 and in the beta versions we had an early version of the money management. Where based on the ATR on the trade it would give you a suggested Stop Loss and Take Profit area. Now we have completely over hauled that and re calculated how we approach this also giving the trader 2 different options to choose from for suggested Stop Loss placement. We also included a 'Dynamic Take Profit' system that's based on the MTI to give you momentum based Take Profits. These are still in beta stages so any feedback is much appreciated and as always will be reviewed and considered.
RSI bands - Reverse plot the RSI onto your chart. Plot the over sold and over Bought static lines to price!
Moving Average Filter ( Multi Time Frame ) - Introducing a way further refine the trade alerts and give more power into the traders hands. We know that many many traders like to only trade if example. price is Greater Than 200 EMA. We wanted to give traders a choice to refine the trade alerts based on this information. You can choose between 'Price vs MA' - which is explained in that example just provided. The other option is 'MA vs MA', this allows you to filter out trades based on if a Moving Average of your choice(MA1) is Greater than MA2. With all this we also provided Multi Time Frame accessibility to just further give the trader more control and range. You also have the ability to just plot the Moving averages and not filter the trades at all!
Kill Zone / Time Sessions - Including another free script that has already been posted to my account. This script is also unique as it plots the specified time zones 24 hours in advanced . If you trade example. 'New York Session', Instead of using an indicator that only shows you after the fact it happens. You can now plot that time zone 24 Hours in advanced and watch how price trades to it and interacts with it. It has 4 completely customizable Time Zone slots. Please adjust to your time zone and desired sessions.
Here are some examples of SIVE working across various charts with the different features
USDCAD - 1 Hour
Take Profit System
XAUUSD ( Gold ) - 15 min
Trend Scalper System
US30(Dow Jones) - 15 min
Volatility Candles + Low Volatility Flashes
BTCUSD ( Bitcoin ) - 1 hour
Support / Resistance + Dashboard + Multi Time Frame MTI
USOIL (WTI Crude Oil ) - 5m
Kill Zones + Moving Average Filter
APPL( Apple ) - 1 hour
Moving Average Filter
[blackcat] L3 Bias ScalperLevel: 3
Background
Bias alone is a powerful tool for trading. I use SMA3, SMA10, SMA20, SMA30 to cover short and middle term of the trend for scalping. Multiple biases can be introduced for long and short entries.
Function
Use SMAs and biases for scalping with whale move alert (banker fund flow detection)
Key Signal
buy --> entry signal for long
strongbuy --> entry signal for long
add --> buy more or re-entry signal for long
reduce --> partial exit for long
exit --> complete exit for long
sell --> short entry signal
whalemove --> banker fund move detection
Pros and Cons
This script provides entry signal together with whale detection by bias algorithms, you can use whale move to predict next move of trend in large time frame. However, trading signal should be further filtered out for more precise entry signal.
Remarks
At beginning, I want to make it simple and it looks very complex at the end...
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Double MACD Intraday Scalp identifier Please be aware - this script is not to be used in isolation but is a relatively easy way of detecting potential intraday scalps combined with other analysis. It is to be used on a 5 minute interval chart.
The script is essentially a simple two layered time frame MACD used on a 5 minute chart by combining two MACDs into one script saving user indicator allowance limits.
The shorter MACD is 8/21/7 in BLACK and RED
The longer MACD is 3 x the above at 24/63/21 in BLUE and FUCHSIA and equivalent to a 15 minute chart overlay.
Both MACDs are replicated in the same colors on the main chart with EMAs.
The reason for these specific inputs is nothing more than personal preference and using the traditional 12/26/9 and trebling it for the 15 minute overlay at 36/78/27 is entirely up to the individual. Back testing different parameters to suit your own style is advised.
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Basic Rules for a Potential BUY setup with trades being taken on subsequent bar opening.
The long MACD (blue and fuchsia) suggests the Primary trend.
1. Long MACD above Signal and MACD above "0" and rising (Histogram is grey and rising away from zero) - Strong weighted signal.
2. Long MACD above Signal with MACD below "0" but rising (Histogram grey and rising towards zero) - Medium/Strong weighted signal.
3. Long MACD is NOT above Signal and below zero but rising (Histogram is grey and rising towards zero) - Medium weighted Signal.
The short MACD (black and red has the histogram turned off) is the Scalping trend within the above Primary trend.
4. Short MACD above Signal and MACD above "0" and rising is positive in combination with above. This is a fixed rule with no alternatives.
The reverse applies for a potential SELL setup with the Histogram orange.
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In the attached snapshot you'll see all the other analysis used in combination with the Double MACD to confirm or negate the potential setups with 3 x trades marked at the appropriate points. All 3 trades in this instance are "Medium Weighted Signal" setups applying Rules 3 and 4 but they all turned out to be successful using additional analysis to confirm. Only Trade 3 incurred drawdown and was placed after PRICE closed above VWAP on the preceding bar.
It is up to the individual to use whatever additional analysis they choose to confirm or negate any given potential setups and the below is used in the chart example. TP points are arbitrary to the individual's analysis style but these are generally short term scalp trades so diligence in applying personal goals and utilizing combination analysis is paramount to any success as always.
Volume Profile Session as shown.
Combination of Bollinger Bands with EMAs as shown.
VWAP as shown (green circles).
ADR bands (hidden).
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NB. This strategy is concentration intensive and becomes far more productive when following only a few FX pairs at any given time and although it was designed primarily for FX trading, it can be applied across all asset classes with equal success.
PM_Scalper_AlertsFriends,
Welcome to ProfitMaximizer(PM) Scalper Alert Indicator. This is same Indicator as that published by me on Dec 26, 2018 .
Since the old script was published using "heikin ashi" ,As per recent house rules it was moderated and hidden by Admin.
Based on the discussion with Admin and direction given by them republishing as it is with no change in the code but the chart is now with Real CANDLEs .
This indicator basically uses multiple time-frame and checks the price variation to determine the long and short candles.
On accumulation on good up moving candles the plot is done as Blue color that shows sign for LONG .
On accumulation on good down moving candles the plot is done as Black color that shows sign for SHORT .
Long : Change of Candle from Black to Blue Candle (U can customize color in Styles settings of this indicator)
Short : Change of Candle from Blue to Black Candle.
Alerts : Alerts are inbuilt in this indicator that can be used to get Alerts when the direction of the Candle(Blue to Black,Black to Blue) is getting changed . Financial Market is always risky.Any trade you make based on this indicator and its result is your responsibility.As an author i will be held no responsibility of your trade gain or loss.Be Cautious.
Note : This is scalper indicator and only works only in
1min ,2min, 5min, 15min .
In Higher timeframe the chart wont paint the colors.
Use the JETLINE to detect good entries ,Price above the JET line good for Long,Price Below the JET line good for short.
The Strategy version of this indicator published on 3-Sep-2018 is here for your study and reference.
Find the indicator useful,Share your feedback in comments and appreciate if this is useful.
Note : This chart can be applied for any TV supported charts.Examples Below.Thank you!
ETH Chart : 5min
EURUSD Chart :5min
SPX500 Chart :5min
[astropark] Trend Is Your Friend V3 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on High Timeframes (1D is suggested) but also on lower ones (just write me in order to help you find correct settings) and even better on 1m Renko chart!
If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested, there is "no-trend" below 1h!) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway).
This is not an evolution of "Trend Is Your Friend V1" or V2 , but a twin sister or the "Trend Is Your Friend V1" indicator you can see here below
and twin sister or the "Trend Is Your Friend V2" indicator you can see here below
This strategy differs for the engine used as basis, but has the same usage settings:
enable/disable signals on chart
enable/disable showing trend cloud
enable/disable bar coloring based on trend
enable/disable background coloring based on trend
edit trend period length (direct message me in order to help you fine best settings)
edit a smart variant option to enhance the trend cloud on your chart
enable/disable an option to smart enter trade
This strategy only trigger 1 buy or 1 sell. In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator.
Strategy results are calculated on the timeframe from December 2012 to now, so on 8 years, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "trend is your friend v3" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] Trend Is Your Friend V3 [strategy]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on High Timeframes (1D is suggested) but also on lower ones (just write me in order to help you find correct settings) and even better on 1m Renko chart!
If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested, there is "no-trend" below 1h!) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway).
This is not an evolution of "Trend Is Your Friend V1" or V2 , but a twin sister or the "Trend Is Your Friend V1" indicator you can see here below
and twin sister or the "Trend Is Your Friend V2" indicator you can see here below
This strategy differs for the engine used as basis, but has the same usage settings:
enable/disable signals on chart
enable/disable showing trend cloud
enable/disable bar coloring based on trend
enable/disable background coloring based on trend
edit trend period length (direct message me in order to help you fine best settings)
edit a smart variant option to enhance the trend cloud on your chart
enable/disable an option to smart enter trade
This strategy only trigger 1 buy or 1 sell. In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator.
Strategy results are calculated on the timeframe from December 2012 to now, so on 8 years, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you backtest how the indicator will perform on any chart you may test. Of course results will be very different depending on the chart and timeframe you will open. I tested a lot of charts and always you can find a combination that keep this strategy in profit on swing trading style (and this means that if you can have a daily look at the chart you can always manage to maximize your profit on each trade!)
The alarms version of this indicator, which will let you set all notifications you may need in order to be alerted on each triggered signals, can be found by searching for the astropark's "trend is your friend v3" and then choosing the indicator with "alarms" suffix in the name.
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] Trend Is Your Friend V2 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on High Timeframes (1D is suggested) but also on lower ones (just write me in order to help you find correct settings) and even better on 1m Renko chart!
If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested, there is "no-trend" below 1h!) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway).
This is a twin sister or the "Trend Is Your Friend V1" indicator you can see here below
This strategy differs for the engine used as basis, but has the same usage settings:
enable/disable signals on chart
enable/disable showing trend cloud
enable/disable bar coloring based on trend
enable/disable background coloring based on trend
edit trend period length (you have to increase it if you go on lower timeframes or you go on FOREX/Stocks market, direct message me in order to help you fine best settings)
This strategy only trigger 1 buy or 1 sell. In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator.
Strategy results are calculated on the timeframe from January 2015 to now, so on 5 years, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "trend is your friend" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] Trend Is Your Friend V2 [strategy]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on High Timeframes (1D is suggested) but also on lower ones (just write me in order to help you find correct settings) and even better on 1m Renko chart!
If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested, there is "no-trend" below 1h!) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway).
This is a twin sister or the "Trend Is Your Friend V1" indicator you can see here below
This strategy differs for the engine used as basis, but has the same usage settings:
enable/disable signals on chart
enable/disable showing trend cloud
enable/disable bar coloring based on trend
enable/disable background coloring based on trend
edit trend period length (you have to increase it if you go on lower timeframes or you go on FOREX/Stocks market, direct message me in order to help you fine best settings)
This strategy only trigger 1 buy or 1 sell. In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator.
Strategy results are calculated on the timeframe from January 2015 to now, so on 5 years, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you backtest how the indicator will perform on any chart you may test. Of course results will be very different depending on the chart and timeframe you will open. I tested a lot of charts and always you can find a combination that keep this strategy in profit on swing trading style (and this means that if you can have a daily look at the chart you can always manage to maximize your profit on each trade!)
The alarms version of this indicator, which will let you set all notifications you may need in order to be alerted on each triggered signals, can be found by searching for the astropark's "trend is your friend v2" and then choosing the indicator with "alarms" suffix in the name.
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] Trend Is Your Friend V1 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on High Timeframes (1D is suggested) but also on lower ones (just write me in order to help you find correct settings) and even better on 1m Renko chart!
If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested, there is "no-trend" below 1h!) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway).
This strategy let's you edit following settings:
enable/disable signals on chart
enable/disable showing trend cloud
enable/disable bar coloring based on trend
enable/disable background coloring based on trend
enable a special option to enhance trend cloud on FOREX/Stocks charts (optional)
edit trend period length (you have to increase it if you go on lower timeframes, like 1h)
This strategy only trigger 1 buy or 1 sell. In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator.
Strategy results are calculated on the timeframe from August 2017 to now, so on almost 2 years and half, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "trend is your friend" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
This is a premium indicator , so send me a private message in order to get access to this script.