SRG Fibs SmoothedPLEASE READ: HOW TO UNDERSTAND HOW THIS INDICATOR WORKS FOR ME!
Why did I code this?
I never know where is the best place to buy
Sometimes I get greedy and just don't want to sell...
I want to protect myself from losses and still be able to make some trades
What does this do?
This script plots Fibonacci levels dynamically according to a specified length
It also has a smooting value so it looks a bit more clean (and allows for dynamic trailing stop loss)
Internal Fib levels allow to plot fibonacci levels between each main level (scalpers and day traders should be happy with this)
Fib Projection toggle so we can have "the same behaviour" during aggressive Bull Runs.
How to test this thing?
BTC USD Daily chart
For starters, use the following settings:
- Length: 365 (lookback of a full year)
- Smooth: 56 (8 week period)
- Inter Fib levels: OFF
- Fib projection: OFF
Have a look into the chart and check some support/resistance zones. Also check the behaviour of the indicator during the 2021 Jan -> Mar bull run (we will need it later)
If you like to check different time frames. Use these settings:
- Indicator Timeframe: 4 hours
- Length: 2190 (1 year)
- Smooth: 336 (8 weeks)
- Inter Fib Levels: ON
- Fib Projection: OFF
You can now test the chart using the 2H timeframe to see the movement, and how the Internal Fib levels work
Now as we're getting bullish:
- Indicator Timeframe: 4 hours
- Length: 2190 (1 year)
- Smooth: 336 (8 weeks)
- Inter Fib Levels: OFF
- Fib Projection: ON
You can now check the behaviour of the indicator during the 2021 Jan - Mar Bullrun in the 2H or 4H chart, to see some stop loss magic.
Komut dosyalarını "scalp" için ara
Market Delta Volume for Realtime BarsWhat is it?
Market Delta Volume Tool for real-time bars
A market delta tool that shows, (1) the volume that got transacted on upticks - or the market buy volume; (2) the volume that got transacted on downticks - or the market sell volume (3) the market delta volume (i.e., market buy volume - market sell volume); (4) the total volume (market buy volume + market sell volume + neutral volume); and (4) the volume that got transacted without a change in price - or the neutral volume (total volume = market buy volume + market sell volume + neutral volume)
NOTE: THIS WORKS ONLY ON REAL-TIME BARS, NOT ON HISTORICAL BARS! The dotted line marks the start of real-time data (i.e., the bar from which the indicator started collecting and displaying data). You will see accurate data only for bars to the right of this line.
The longer you keep a chart open with the study enabled, the more data it collects and displays and the better your analysis can potentially be.
Note that the data gets reset every time any of the options is changed, the market is switched, the browser is refreshed, or the script is reloaded.
DATA ISN'T STORED. I.e., every time a new symbol is loaded/or the same symbol is reloaded, data gets refreshed.
Who is it for?
For traders who are used to analyzing buy/sell activity using market delta information. Especially, short-term trader/scalpers who are used to keeping the same chart open through the trading session.
Also for traders to see and study how anomalies in volume can give clues to buyer/seller absorption, initiative buying/selling etc.
Can be used to better understand VSA as well, although not necessary.
Essentially, this gives real-time delta volume information; use it however you see fit.
[blackcat] L1 New TRIX ScalperNOTE: Because the originally released script failed to comply with the House Rule in the description, it was banned. After revising and reviewing the description, it is republished again. Please forgive the inconvenience caused.
Level: 1
Background
The Triple Exponential Moving Average (TRIX) indicator is a strong technical analysis tool. It can help investors determine the price momentum and identify oversold and overbought signals in a financial asset. Jack Hutson is the creator of the TRIX indicator . He created it in the early 1980s to show the rate of change in a triple exponentially smoothed moving average.
When used as an oscillator, it shows a potential peak and trough price zones. A positive value tells traders that there is an overbought market while a negative value means an oversold market. When traders use TRIX as a momentum indicator, it filters spikes in the price that are vital to the general dominant trend.
A positive value means momentum is rising while a negative value means that momentum is reducing. A lot of analysts believe that when the TRIX crosses above the zero line it produces a buy signal, and when it closes below the zero line, it produces a sell signal.The indicator has three major components:
Zero line
TRIX line (or histograms)
Percentage Scale
Function
The TRIX indicator determines overbought and oversold markets, and it can also be a momentum indicator. Just as it is with most oscillators, TRIX oscillates around a zero line. Additionally, divergences between price and TRIX can mean great turning points in the market. TRIX calculates a triple exponential moving average of the log of the price input. It calculates this based on the time specified by the length input for the current bar.
Trading TRIX indicator signals
Zero line cross
TRIX can help determine the impulse of the market. With the 0 value acting as a centerline, if it crosses from below, it will be mean that the impulse is growing in the market.Traders can, therefore, look for opportunities to place buy orders in the market. Similarly, a cross of the centerline from above will mean a shrinking impulse in the market. Traders can, therefore, look for opportunities to sell in the market.
Signal line cross
To select the best entry points, investors add a signal line on the TRIX indicator. The signal line is a moving average of the TRIX indicator, and due to this, it will lag behind the TRIX.A signal to place a buy order will occur when the TRIX crosses the signal line from below. In the same way, a signal to place a sell order will come up when the TRIX crosses the signal line from above. This is applicable in both trending and ranging markets.In trending markets, a signal line cross will indicate an end of the price retracement, and the main trend will resume. In ranging markets, a signal line confirms that resistance and support zones have been upheld in the market.
Divergences
Traders can use the Triple Exponential Average can to identify when important turning points can happen in the market. They can achieve this by looking at divergences. Divergences happen when the price is moving in the opposite direction as the TRIX indicator.When price makes higher highs but the TRIX makes lower highs, it means that the up-trend is weakening, and a bearish reversal is about to form. When the price makes lower lows, but the TRIX makes higher lows, it means that a bullish reversal is about to happen. Bullish and bearish divergences happen when the security and the indicator do not confirm themselves. A bullish divergence can happen when the security makes a lower low, but the indicator forms a higher low. This higher low means less downside momentum that may foreshadow a bullish reversal. A bearish divergence happens when the commodity makes a higher low, but the indicator forms a lower high. This lower high indicates weak upside momentum that can foreshadow a bearish reversal sometimes. Bearish divergences do not work well in strong uptrends. Even though momentum appears to be weakening due to the indicator is making lower highs, momentum still has a bullish bias as long as it is above its centerline.When bullish and bearish divergences work, they work very well. The secret is to separate the bad signals from the good signals.
Key Signal
RXval --> new TRIX indicator.
AvgTRX --> linear regression average of new TRIX indicator.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
MACD Long StratFirst script I've written, but the concept is pretty simple. This uses the MACD with settings fast_SMA = 6 and slow SMA=16 and uses the distance between the 2 (histogram) to look for potential trend reversals to flag potential entries for Long trades. It waits for the confirmation looking backward 2 x timeframes (to reduce false calls slightly). You can adjust it to open / close quicker (1 timeframe instread of 2) but backtesting shows 2 timeframe delay is best to avoid false signals.
The script suggests Long entry points based on this criteria and uses the converse (reducing histogram / SMA difference delayed by 2 timeframes) to suggest exit or trade close points for downward reversal. It was originally written looking at 1m scalps but backtesting shows this is even more effective on higher timeframes (1D).
Crypto EMA Trend Reversal StrategyThis is an EMA crossover strategy which involves 5 EMAs to trigger trades. The strategy has two take profit settings and uses a stop loss.
TP1 and SL are based on ATR and TP2 is an EMA crossover.
The strategy goes both long and short and the default settings work particularly well as a scalping strategy for ETHUSDT on the 5M time frame.
I have also created another version with tweaked settings for scalping LINKUSDT on the 5M with very similar results.
There is an option to add a volume condition parameter within the script on lines 26-28 which can be added to the end of lines 34-35 in the following format: and vol_cond
I personally don't currently use the volume condition parameter.
ADX SignalsThis script uses the Average Direction Index, On Balance Volume, and Exponential Moving Average, Moving Average Cross, MACD, Donchian Channels and two Parabolic SARs for stop loss, a normal one and a line one.
I tried to make the script as straightforward as possible, Buy when there is a buy signal and sell when there is a sell signal. I like using it on the smaller time-frames because I'm a scalper and I like going in and out quickly, but this indicator can be used on any timeframe and works on any instrument. The buy signal is triggered when the DI+ goes above the 30 level, the ADX is not increasing, on balance volume is at it's lowest, the price is above the lower Donchian Channel and last MACD hist bar is lower than the previous one. The sell signal is triggered when the DI- goes above the 30 level, the ADX is not increasing, on balance volume is at it's highest, the price is below the upper Donchian Channel and last MACD hist bar is upper than the previous one.
If you have any suggestions feel free to leave them in the comments below or Message me directly.
Lower Time Frame ScalperThis indicator is meant to identify lower timeframe momentum shifts in Forex pairs by using simple moving averages and the Kijun Sen indicator around key psychological levels.
Alert functionality for buy and sell conditions have also been built in to allow the trader time away from charts.
BOSCILLATOR. A BOSS OSCILLATORI would like to first say I do not the indicator pieces. Would like to personally give thanks and credit to @MarkBench for coding this indicator and helping to get my vision for this system finally able to be published and used by anyone. I would also like the thank @lazy bear and @ChrisMoody for their bringing the Firefly oscillator and the SCHAFF TREND and the PPO price percentage oscillator to trading view. and @scilentor for his version of Godmode with LSMA . Thanks to @Shizaru for bringing Frama moving average (which we have adopted into the PPO as one of the base selections for the first time, as well as the ALMA ). Divergences have also been added. and components of the firefly have been removed such as the histogram. I have added two oscillators in the picture. The bottom is the standard settings. The above is how I prefer mine to look after tweaking the settings.
Before I get into explaining how its used. I want to say all the indicators are open and none privately owned or at least owned by indivduals who brought them to trading view. Any due permission is granted at my disclocsure. I also want to say this is not your typical mashup of indicators as the is a very clear way to view and use this specifically. Also I want to say original tools from their original scripts are also improved. For example the PPO being used we have added the FRAMA and ALMA moving average basis option which it did not have before. And now everything has clear divergences and some other minor changers. but here are the rules and examples.
THE BOSCILLATOR - A MULTI-LEVEL CONFLUENCE/CONFIRMATION FILTER VISUALIZATION
Some shorthand
(Main oscillator - firefly)
(background wave thing - PPO )
(the red vertical up and down line with red and green dots - STC )
(the blue, yellow and red dots - warning dots)
WHO IS THIS INDICATOR FOR? - This indicator itself is not meant to be a signal giver to buy or sell right now even though it could be and some of the original scripts are used as such. This indicator is actually meant to be a VISUAL CONFIRMATION & FILTER for trades taken in other methods outside of this indicator. What are some of those methods that may benefit from having this? Pivot point traders, FIB traders, Bollinger band traders, Moving average traders.. just to name a few. This indicator itself is meant to in a quick glance allow the trade to see the condition of many different elements outside of the main price and chart, and determine if that trade looks like it has too much risk, or if that trade looks suitable. It also provides a series of confirmations that could be used for adding to a position at different levels at the trade's discretion.
OPTIMAL CONDITIONS FOR CONSIDERING A SHORT = The PPO is orange/red + the STC is at the TOP + the Firefly is above the midline. The warning dots are being printed at the top. There is regular or hidden bearish divergence present.
OPTIMAL CONDITIONS FOR CONSIDERING A LONG = The PPO is light/dark green + the STC is at the BOTTOM + the Firefly is below the midline. The warning dots are being printed at the bottom. There is regular or hidden bullish divergence present.
Triggers for scaling/adding into your position = Keeping in mind that this oscillator on its own is not meant to be the sole reason for taking a trade, here are some triggers you will see for getting into position (preferably with the optimal conditions being met) The firefly flips from a green line into a red slide and vise versa. The firefly crosses the midline up or down. The STC begins going up/down and triggers a green or red dot while crossing one of the levels at 20 or 80. The warning dots being made begin to be printed lower/higher than the dot before last. The PPO shift from one color to the next in the favored direction of the trade you wish to make.
Signs for taking profit and protecting your trade = The Dots begin to print, the PPO changes colors at the top or bottom. the STC arrived are the top.
FILTER SITUATIONS TO AVOID TRADES = Wise to not take a trade if the PPO and the firefly do not agree. For example - if the PPO is showing green yet the firefly is still red may be an indication that it is getting a bit late for you to enter the trade. Same with opposing divergences and warning dots contradicting the trade you are looking at. The STC being already on the bottom or top may be a small indication that trade may already have been a little too ripe, but on its own is not always the case.
When selecting the PPO settings and moving average you are going to want it to be in favor of what you are trying to accomplish.IF you are one low time frames and trying to swing or scalp trade... chances are you want a reactive MA setting that iss responsive. Iwould recommend the HULL, ALMA, TEMA DEMA. For the Higher time frame the EMA or the T3 WDma can be wuite patient and helpful for a constant reminder of caution
Some notes - for the swing and scalp trading... in my experience the PPO moving average basis sees more responsive changes with the FRAMA , ALMA , HULL settings. for entering a trade, at least a couple of your triggers being present increases the success rate by a lot.
This chart illustrates the usefullness of having a Zero lag function for the firefly. The firefly should not be taken for signals or trades itself. However it is the most precise finder of divergences within the system. It is aways good to flip on and off zero lag just to take a quick look for divergences you might have mixed.
In this chart illustrates the general visual look and order of events to guide you along your way. Starts with the PPO turning green or red or orange which is potentially time to get out of your current trade. Then it switched colors when reversal begins and that is when you want to at the same time see the STC, the firefly, and lower caution dots coming in around the same area (highlighted in blue squares). Now near the end you see a red box. This is a filter aspect. The PPO is green, yet the others are saying down/short. This does not mean it must be a long, however it is great warning to maybe avoid getting to bearish for the downside in that time. You want the PPO and line up with the others and it should be visually apparent that they all want to go the same way.
Here is a list of some key elements (before changes this script made) of parts this oscillator includes. My original publication of my oscillation setup was blocked by the mods here.. this one however includes a large variety of items that have been altered from their original formats and a well-explained trading system to use it with.
// Firefly
Firefly Oscillator
// PPO
PPO PercentileRank Mkt Tops & Bottoms (@PuppyTherapy)
// Divergence
Divergence Indicator (any oscillator)
// Godmode
Godmode3.2+LSMA
// Schaff
Schaff Trend Cycle
// Frama
(FRAMA) Fractal Adaptive Moving Average
PRIME IMPULSE W/ 3MAThis indicator bundle, combined with PRIME-QUARTERS, provides a trader with everything needed, on chart, to make swing and scalper entries. The short candle SMA are used to execute immediate entries, while the larger candle tf indicate Continuation, trend changes and swing points. The color coded impulse indicator used both RSI and TSI variables to determine divergences and the probability of the impending impulse thereafter. Red and green within the candles indicate bull or bearish impulses, while the yellow bars signal decreased volume and momentum for the current impulse, indicating the possible end of trend and either retracement, or Reversal. $auceCamp
Ehler Fisher applied on distance EMAThis is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle.
It can be used in any market, any time frame .
For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short direction.
Also we can improve this condition even further, in this case if we cross up our previous line its a buy signal, and if we cross down its a sell signal.
For best usage combine the cross together with the position of fisher respecting the 0.
If you have any other questions, let me know with a private message.
OBV Pyrthe pyramide strategy based on coinrule script
the strategy is based on OBV scalper that i publish in past
seems very proftible for btc but the question is if this is because it bullish now
if i remove the filter then it will lose but the filter make it very profitable
wish all members best new year
this script work best for 1-5 min chart
Waters-Williams A/D OscillatorThis is the A/D oscillator, design by Jim Waters and Larry Williams. As any other oscillator, it measures the strength of the buy and sell pressure.
If a candle opens at the low, and closes at it's high, the signal given by the oscillator is 100. If it opens at high and closes at low, the signal will be 0. Since it completely disregard other values, it is common to use a smoothed version of it, which is the average of the last n values, just like the stochastic oscillator.
Tho it doesn't have much use for positioners or swing traders, day traders and scalpers can use it in confluence with volume to enter in a counter trend trade.
Crypto BOT lower timeframesThis is a crypto bot designed for lower time frames.
Its made of 2 EMA, one fast and one slower . They are combined together with Stochastic, MACD and price action patterns.
For entries we have multiple conditions :
First we check if one of our last 4 closed candles crossed above or below the faster EMA. After that for long, we check that last close is above the fast EMA, that the fast ema is above the slower EMA, at the same time that the histogram from MACD is positive and that we have crossover with the oversold line on stochastic. For the short , the opposite of long.
For exit we have TP/SL mechanic based on price % movement, in this example if the price moved 10% from the initial position it will exit.
L1 Mid-Term Swing Oscillator v1Level: 1
Background
Oscillators are widely used set of technical analysis indicators. They are popular primarily for their ability to alert of a possible trend change before that change manifests itself in price and volume . They should work best in times of sideways markets.
Function
L1 Short-Mid-Long-Term Swing Oscillator puts three terms of oscillators to cover short-term, middle-term and long-term oscillators at the same time. By resonating all these three oscillators, short-term scalping signal and middle term swing signal are disclosed. You can see both short and mid term signal under one indicator which give you more confidence to follow the trend.
Key Signal
I didn't handle the key signals well. I piled up all the useful signals I found, and it is really difficult to classify them one by one. I feel tired when I think about this problem. Therefore, the code of the overall signal is rather confusing, sorry.
Pros and Cons
Pros:
1. Three oscillators are used to cover short, mid, long term oscillations.
2. Short-Mid term resonance can be observed to have higher confidence level.
3. Use single indicator for scalping and swing trading is possible.
Cons:
1. No deep dive into very accurate long and short entries.
2. A trade off between sensitivity and stability may be needed by traders' subjective judge.
Remarks
I enjoyed the fun of put three different oscillator together to cover short, mid, long terms. But how to use them perfectly is really more brainstorming.
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.
Ehlers Enhanced Signal To Noise Ratio [CC]The Enhanced Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 87-88) and this is my favorite Ehlers Signal To Noise Ratio indicator. Scalpers like to use this indicator because when it is above the dotted line then the stock is trending and not trading sideways. Buy when the indicator line is green and sell when it is red.
Let me know when you want to see me publish other indicators or if you want something custom done!
StonkBTC - autoswitch secondary series for scalpersSince the drop in March of 2020, the U.S. ETF , SPY, has been correlated with bitcoin's moves, especially during the NY session.
This tool is meant to help traders who want to take advantage of that without having to switch the secondary series between BTCUSD and (generally) SPY when changing the ticker they are viewing.
How this works:
The indicator will automatically switch between bitcoin or equity index depending on what ticker your current chart is. Ideally this tool would be very simple to use.
Options:
Show/hide a 'track price' line
Index choice of SP500, Nasdaq 100, and Russell 2000. Further selection by ETF, futures, and CFD
Varied bitcoin price sources
Notes:
You will need a separate subscription to TradingView to view realtime CME futures data (if not, it will be delayed by 10 minutes). Because of this, the default option chosen is the CFD for the most complete chart when viewing bitcoin.
NY Core Trading Session: 9:30 a.m. to 4:00 p.m. ET
www.nyse.com
Ehlers Signal To Noise Ratio [CC]The Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 81-82) and this indicator is perfect for all of the scalpers out there! This will let you know when the stock is at a high volatility or not and when to buy or sell. If the indicator crosses over the dotted line then that means the stock is volatile and it is trading flat then it will be below the dotted line. Buy when the indicator line is green and sell when it is red.
This was a custom request so let me know if there are any other scripts you would like me to publish or if you want something custom done!
Phil's 45 EMA Scalper - Buy / Sell with Alertsgives buy / sell alert when candle closes above or below 45 EMA respectively.
VPTbollfib & Camarilla (Danarilla)I do not own the original indicators. This is just a combination of the two because of their nature to work in a similar way.
Camarilla Pivots run on the basis of intraday range trading. Usually after daily open you look the fade whatever move happened before. by shorting R3/H3 levels or longing R3/L3. Targeting the other side of the range. This is the infamous PivotBoss level calculations and you would want to activate camarilla and turn off the normal pivots. They use the previous days volatility to plot the next days levels.
But what about some confirmation?
Well RafaelIzoni (who made it open source for improvement) threw together this VPTbollfib. It is volume price trend crossing down a fib line using bollinger bands as price envelope. The beauty of this is that It will signal usually counter to current price action based on selling into uptrends or vise versa. Meaning you get signals to counter price. Which is what you might be looking for on range day trade scalps for camarilla. A wick reversal or engulfing + volume based signal is a very happy pairing together. And those signals are usually suitable for the target of the range you are day trading. Hourly time frame works quite well for both. And camarilla should also be on daily settings.
Special Thanks to Nanda (who published the pivotboss indicator AND) Helped to merge the scripts together.
This indicator alone is an entire trade system. Camarilla already is. If you know the rules. it can be used for entries, exits, risk management to trade the range on TREND, COUNTER TREND, and BREAKOUT plays. The bollinger band fibs add confirmation to the trends levels. And the VPT adds a secondary confirmation to take a camarilla trade.
Try it out. I think you will find both the levels on camarilla and the VPT signals quite suprising.
Number StrategyA simple strategy based on fib ratios and numbers
Best time frames for highest accuracy ( Requires Tradingview Pro )
34 mins for quick scalps
89 mins for weekly Swings
254 mins for monthly swings
-Ability to set alerts for btc and $ singals
-Modify Ema values, Set colour
-Trend following strategy, Needs an active trend for best results
-sideways/choppy action results in bad signals
How to trade:
-----------------
Long if Btc signal appears , preferred if price is trading above the 233 EMA .
You can use the 233 EMA for activating trades during price retest
Short if $ signal appears , preferred if price is trading Below the 233 EMA .
You can use the 233 EMA for activating trades during price retest
BEST IVFTHello traders
This is a Pine adaptation of this FXCM LUA indicator
Seems to be made mostly for tick data (< 1 min timeframe) and advanced scalpers
Always interesting to see that Pinescript is much easier than most of other trading programming languages out there :)
PS
You might like checking the data window panel from TradingView and mouseover your cursor on the chart. It will update the debug/historical data in real-time
imgur.com
Best,
Dave
4 Exponential Moving Averages With Colors(100,300,600,1000)4 Exponential Moving Averages With Colors(100,300,600,1000) With Colors
To play with Scalper,Swing, intraday
