Expected Move from RSI [SS]Publishing this experimental indicator.
What it does:
The indicator uses a user-defined lookback period on a user-defined timeframe to lookback at all instances of RSI. It breaks RSI down as follows:
RSI between
0 - 10
10 - 20
20 - 30
30 - 40
40 - 50
50 - 60
60 - 70
70 - 80
80 - 90
90 - 100
From there, it stores the ticker's move from open to high and open to low. It will then use this data to look at the current RSI based on the specified timeframe and plot the expected move based on the average move the ticker does with a similar RSI reading.
It will plot the expected range, with the high range being plotted in green and the low range being plotted in red.
It will also display an infographic that dictates the current RSI based on the selected time frame, the anticipated up move and the anticipated down move. This infographic will also tell you the strength of the relationship (correlation) RSI has with the ticker's high or low price:
From there the user can determine whether this RSI reading is traditionally bullish or bearish for the ticker. A greater down move indicates that the RSI traditionally elicits a bearish response. A greater up move indicates the inverse.
The user can also view a chart of a breakdown of the anticipated moves based on RSI. If the option to "Show Expected Move Table" is select in the settings menu, the following table will appear:
From here you can see the average up move and down move a ticker does based on its corresponding RSI reading.
NOTE: When using the table, please adjust your chart timeframe to the selected timeframe on the indicator. Thus, if you are looking at the 1 hour levels, please adjust your chart to the 1 hour timeframe to use the chart.
Additional Note: When using the table, an "NaN" means that there are no instances of the ticker being at that RSI level within the designated timeframe period. You can extend your lookback period to up to 500 candles to see if it finds additional instances of similar RSI. Otherwise, you can adjust the selected timeframe.
Uses:
The indicator can be used on all timeframes. It can help give you an idea as to whether the RSI indicates a bearish or bullish sentiment.
It can signal a potential reversal or continuation. It can also help you with determining target prices for day trades and scalp trades.
And that is the indicator. Its pretty straight forward. It is experimental and new, so feel free to play around with it and let me know your thoughts.
Safe trades everyone and thank you for reading!
Komut dosyalarını "用户自选股中各股票的均线排列状态（5日、10日、20日均线）" için ara
Market Structure & Liquidity: CHoCHs+Nested Pivots+FVGs+Sweeps//Purpose:
This indicator combines several tools to help traders track and interpret price action/market structure; It can be divided into 4 parts;
1. CHoCHs, 2. Nested Pivot highs & lows, 3. Grade sweeps, 4. FVGs.
This gives the trader a toolkit for determining market structure and shifts in market structure to help determine a bull or bear bias, whether it be short-term, med-term or long-term.
This indicator also helps traders in determining liquidity targets: wether they be voids/gaps (FVGS) or old highs/lows+ typical sweep distances.
Finally, the incorporation of HTF CHoCH levels printing on your LTF chart helps keep the bigger picture in mind and tells traders at a glance if they're above of below Custom HTF CHoCH up or CHoCH down (these HTF CHoCHs can be anything from Hourly up to Monthly).
//Nomenclature:
CHoCH = Change of Character
STH/STL = short-term high or low
MTH/MTL = medium-term high or low
LTH/LTL = long-term high or low
FVG = Fair value gap
CE = consequent encroachement (the midline of a FVG)
~~~ The Four components of this indicator ~~~
1. CHoCHs:
•Best demonstrated in the below charts. This was a method taught to me by @Icecold_crypto. Once a 3 bar fractal pivot gets broken, we count backwards the consecutive higher lows or lower highs, then identify the CHoCH as the opposite end of the candle which ended the consecutive backwards count. This CHoCH (UP or DOWN) then becomes a level to watch, if price passes through it in earnest a trader would consider shifting their bias as market structure is deemed to have shifted.
•HTF CHoCHs: Option to print Higher time frame chochs (default on) of user input HTF. This prints only the last UP choch and only the last DOWN choch from the input HTF. Solid line by default so as to distinguish from local/chart-time CHoCHs. Can be any Higher timeframe you like.
•Show on table: toggle on show table(above/below) option to show in table cells (top right): is price above the latest HTF UP choch, or is price below HTF DOWN choch (or is it sat between the two, in a state of 'uncertainty').
•Most recent CHoCHs which have not been met by price will extend 10 bars into the future.
• USER INPUTS: overall setting: SHOW CHOCHS | Set bars lookback number to limit historical Chochs. Set Live CHoCHs number to control the number of active recent chochs unmet by price. Toggle shrink chochs once hit to declutter chart and minimize old chochs to their origin bars. Set Multi-timeframe color override : to make Color choices auto-set to your preference color for each of 1m, 5m, 15m, H, 4H, D, W, M (where up and down are same color, but 'up' icon for up chochs and down icon for down chochs remain printing as normal)
2. Nested Pivot Highs & Lows; aka 'Pivot Highs & Lows (ST/MT/LT)'
•Based on a seperate, longer lookback/lookforward pivot calculation. Identifies Pivot highs and lows with a 'spikeyness' filter (filtering out weak/rounded/unimpressive Pivot highs/lows)
•by 'nested' I mean that the pivot highs are graded based on whether a pivot high sits between two lower pivot highs or vice versa.
--for example: STH = normal pivot. MTH is pivot high with a lower STH on either side. LTH is a pivot high with a lower MTH on either side. Same applies to pivot lows (STL/MTL/LTL)
•This is a useful way to measure the significance of a high or low. Both in terms of how much it might be typically swept by (see later) and what it would imply for HTF bias were we to break through it in earnest (more than just a sweep).
• USER INPUTS: overall setting: show pivot highs & lows | Bars lookback (historical pivots to show) | Pivots: lookback/lookforward length (determines the scale of your pivot highs/lows) | toggle on/off Apply 'Spikeyness' filter (filters out smooth/unimpressive pivot highs/lows). Set Spikeyness index (determines the strength of this filter if turned on) | Individually toggle on each of STH, MTH, LTH, STL, MTL, LTL along with their label text type , and size . Toggle on/off line for each of these Pivot highs/lows. | Set label spacer (atr multiples above / below) | set line style and line width
3. Grade Sweeps:
•These are directly related to the nested pivots described above. Most assets will have a typical sweep distance. I've added some of my expected sweeps for various assets in the indicator tooltips.
--i.e. Eur/Usd 10-20-30 pips is a typical 'grade' sweep. S&P HKEX:5 - HKEX:10 is a typical grade sweep.
•Each of the ST/MT/LT pivot highs and lows have optional user defined grade sweep boxes which paint above until filled (or user option for historical filled boxes to remain).
•Numbers entered into sweep input boxes are auto converted into appropriate units (i.e. pips for FX, $ or 'handles' for indices, $ for Crypto. Very low $ units can be input for low unit value crypto altcoins.
• USER INPUTS: overall setting: Show sweep boxes | individually select colors of each of STH, MTH, LTH, STL, MTL, LTL sweep boxes. | Set Grade sweep ($/pips) number for each of ST, MT, LT. This auto converts between pips and $ (i.e. FX vs Indices/Crypto). Can be a float as small or large as you like ($0.000001 to HKEX:1000 ). | Set box text position (horizontal & vertical) and size , and color . | Set Box width (bars) (for non extended/ non-auto-terminating at price boxes). | toggle on/off Extend boxes/lines right . | Toggle on/off Shrink Grade sweeps on fill (they will disappear in realtime when filled/passed through)
4. FVGs:
•Fair Value gaps. Represent 'naked' candle bodies where the wicks to either side do not meet, forming a 'gap' of sorts which has a tendency to fill, or at least to fill to midline (CE).
•These are ICT concepts. 'UP' FVGS are known as BISIs (Buyside imbalance, sellside inefficiency); 'DOWN' FVGs are known as SIBIs (Sellside imbalance, buyside inefficiency).
• USER INPUTS: overall setting: show FVGs | Bars lookback (history). | Choose to display: 'UP' FVGs (BISI) and/or 'DOWN FVGs (SIBI) . Choose to display the midline: CE , the color and the line style . Choose threshold: use CE (as opposed to Full Fill) |toggle on/off Shrink FVG on fill (CE hit or Full fill) (declutter chart/see backtesting history)
////••Alerts (general notes & cautionary notes)::
•Alerts are optional for most of the levels printed by this indicator. Set them via the three dots on indicator status line.
•Due to dynamic repainting of levels, alerts should be used with caution. Best use these alerts either for Higher time frame levels, or when closely monitoring price.
--E.g. You may set an alert for down-fill of the latest FVG below; but price will keep marching up; form a newer/higher FVG, and the alert will trigger on THAT FVG being down-filled (not the original)
•Available Alerts:
-FVG(BISI) cross above threshold(CE or full-fill; user choice). Same with FVG(SIBI).
-HTF last CHoCH down, cross below | HTF last CHoCH up, cross above.
-last CHoCH down, cross below | last CHoCH up, cross above.
-LTH cross above, MTH cross above, STH cross above | LTL cross below, MTL cross below, STL cross below.
////••Formatting (general)::
•all table text color is set from the 'Pivot highs & Lows (ST, MT, LT)' section (for those of you who prefer black backgrounds).
•User choice of Line-style, line color, line width. Same with Boxes. Icon choice for chochs. Char or label text choices for ST/MT/LT pivot highs & lows.
////••User Inputs (general):
•Each of the 4 components of this indicator can be easily toggled on/off independently.
•Quite a lot of options and toggle boxes, as described in full above. Please take your time and read through all the tooltips (hover over '!' icon) to get an idea of formatting options.
•Several Lookback periods defined in bars to control how much history is shown for each of the 4 components of this indicator.
•'Shrink on fill' settings on FVGs and CHoCHs: Basically a way to declutter chart; toggle on/off depending on if you're backtesting or reading live price action.
•Table Display: applies to ST/MT/LT pivot highs and to HTF CHoCHs; Toggle table on or off (in part or in full)
////••Credits:
•Credit to ICT (Inner Circle Trader) for some of the concepts used in this indicator (FVGS & CEs; Grade sweeps).
•Credit to @Icecold_crypto for the specific and novel concept of identifying CHoCHs in a simple, objective and effective manner (as demonstrated in the 1st chart below).
CHoCH demo page 1: shifting tweak; arrow diagrams to demonstrate how CHoCHs are defined:
CHoCH demo page 2: Simplified view; short lookback history; few CHoCHs, demo of 'latest' choch being extended into the future by 10 bars:
USAGE: Bitcoin Hourly using HTF daily CHoCHs:
USAGE-2: Cotton Futures (CT1!) 2hr. Painting a rather bullish picture. Above HTF UP CHoCH, Local CHoCHs show bullish order flow, Nice targets above (MTH/LTH + grade sweeps):
Full Demo; 5min chart; CHoCHs, Short term pivot highs/lows, grade sweeps, FVGs:
Full Demo, Eur/Usd 15m: STH, MTH, LTH grade sweeps, CHoCHs, Usage for finding bias (part A):
Full Demo, Eur/Usd 15m: STH, MTH, LTH grade sweeps, CHoCHs, Usage for finding bias, 3hrs later (part B):
Realtime Vs Backtesting(A): btc/usd 15m; FVGs and CHoCHs: shrink on fill, once filled they repaint discreetly on their origin bar only. Realtime (Shrink on fill, declutter chart):
Realtime Vs Backtesting(B): btc/usd 15m; FVGs and CHoCHs: DON'T shrink on fill; they extend to the point where price crosses them, and fix/paint there. Backtesting (seeing historical behaviour):
Typical Sweeps: Pivot high/low boxes. Grade sweeps, Handles/PipsTool to show typical pip-grade/ handle-grade sweep distance above pivot highs and pivot lows
-In consolidation/ranging periods (i.e. most of the time); Highs/Lows may by swept by fairly consistent distances in typical stop raids.
-Idea is from ICT teaching on typical Pip-grade sweeps in FX (10,20,30pips). Designed to work on FX, Indices, Commodities, Bitcoin.
-Above chart shows S&P; sweeping below and then above by 5 handles.
///inputs///
~choose sweep distance handles ($) or pips: will auto-calculate depending on the asset: FX= pips; Indices/stocks/commodities = handles ($)
--(2,5,10,20,30,50,100, 500, 1000)
~choose pivot lookback: larger number for more significant swing highs/lows
~choose number of historical boxes to display
~toggle on/off Pivot high boxes and Pivot low boxes independently
~extend boxes fully to the right (default is not extend)
~toggle on/off text
~text & box formatting options
Bitcoin, hourly chart; Pivot lookback = 15; $100 sweep boxes:
Eur/Usd; 15m chart; Pivot lookback = 30; 10pip sweep boxes; Boxes extended fully to the right:
Divergence Macd+RSI Fast[RSU] -- No RepaintThis indicator combines the divergence of rsi and macd and displays it on the candlestick chart.
RSI:
1. When rsi is at a high point, once it falls by 1 k line, it will detect the divergence from the previous high point. This can quickly find the divergence that has taken effect and help you quickly capture the trend before a sharp decline or rise.
The difference between other RSI divergence indicators: the official divergence indicator is to detect the 5 and the k line, which may lead to a large amount of decline.
2. This indicator detects the previous high and the previous low of 5, 10, 20 lengths at the same time, instead of only detecting a fixed length, so that more deviations can be found.
MACD:
1. When MACD-diff line(orange color) is at a high point, once it falls by 1 k line, it will detect the divergence from the previous high point. This can quickly find the divergence that has taken effect and help you quickly capture the trend before a sharp decline or rise.
2. This indicator detects the previous high and the previous low of 5, 10, 20, 40 , 60 lengths at the same time, instead of only detecting a fixed length, so that more divergences can be found.
Notice:
Because it is a quick divergence detection, it is recommended to confirm that the divergence takes effect after the current k is completely closed first. I have identified this state in the indicator as "k not end".
Disadvantages and Risks:
Since it is a quick discovery, there will be error identification. Error divergences will recolor to grey.
Suggestion:
Use Alert catching divergence occurrences.
Please do not:
Don't go short in the uptrend, don't go long in the downtrend.
Top divergences that occur because of a strong uptrend are usually only temporary pullbacks. Bottom divergences in persistent declines are also temporary rallies. Do not attempt to trade such low-return trades.
It is recommended to use the divergence indicator when the stock price has made a new high and retraced, and once again made a new high, because this often leads to the end of the trend.
Divergence how to use:
1. After the previous candlestick was completely closed, a bottom divergence was found.
2. Open an long order at the beginning of the second bar, or as close to the bottom as possible (because the stop loss will be smaller).
3. Break the stop loss price below the previous low where the divergence occurred, which already means that the divergence is wrong.
Simple Moving Averages (10 & 20 & 50 & 200) for ScalpingSimple Moving Averages for Scalping (10 / 20 / 50 / 200 SMAs)
Swing Dream - PAINT BARS | MA | EMA | DMA | VWAP | TABLE | ADR %- Swing Dream -
Script created for breakout-swing traders, in the style of QullaMaggie * , Dan Zanger, Oliver Kell, and Stockbee.
The following indicators are used by most successful breakout-swing traders such as mentioned above.
(As published) it contains:
Painted Bars, also known as inside/outside candles. Used for candle analysis and to determine breakout pivots & levels. For instance; use it in different timeframes and seek formations (ex, 3-1-2). For further inspiration, study Rob Smith's The Strat .
MA, Simple Moving Averages (Basic levels = 10,20,50,200). Use this indicator to define resistance/support areas as well as the overall long/swing-term trend. In breakout strategies such as EP, Flags, etc this can be used for trailing stops; an example, post-breakout, let the price ride the 20ma before exiting your position.
EMA, Exponential Moving Averages with periods inspired by Qullamaggie (10,20,65). Use this on shorter timeframes (ex, 1h) and for the same principles as MAs.
VWAP, Volume-Weighted Average Price. As for the previous, utilize this as a level indicator to find areas of resistance/support. Good for swing-trading as it implies whenever holders are profitable or not.
DMA, Displaced Moving Average (Horizontal). Personally, I use this a lot. Works very well for trailing stops (post breakout) and "bounce" areas. Choose your own offset and period.
ADR%, Average Daily Range Percentage. Displayed in the table and used to define a symbol's volatility. A very good tool for Qullamaggie-style trading. Personally, I try to find setups with over 6% ADR. Basic definition; low ADR% = Increased chance of a symbol to move slower and in smaller ranges. A higher value equals the opposite.
Table. A table with basic symbol-related information. Could save you plenty of time whenever you scan or search for new swing setups. Looking to add more features here.
Why should you use this script? Well, instead of having tens of different indicators, use this script and combine everything together with EP, Flag, or breakout principles. Suited for every plan, and more efficient in my opinion.
View settings to turn on/off different indicators.
* If you're looking for an introduction and further explanation of how Qullamaggie uses mentioned indicators, I could recommend checking out his website, stream, or participation in "Chat With Traders".
At last, I want to credit: @jkcqld @neolao @TheScrutiniser
This Script will get updated and improved.
// TechFille006
MathConstantsLibrary "MathConstants"
Mathematical Constants
E() The number e
Log2E() The number log (e)
Log10E() The number log (e)
Ln2() The number log (2)
Ln10() The number log (10)
LnPi() The number log (pi)
Ln2PiOver2() The number log (2*pi)/2
InvE() The number 1/e
SqrtE() The number sqrt(e)
Sqrt2() The number sqrt(2)
Sqrt3() The number sqrt(3)
Sqrt1Over2() The number sqrt(1/2) = 1/sqrt(2) = sqrt(2)/2
HalfSqrt3() The number sqrt(3)/2
Pi() The number pi
Pi2() The number pi*2
PiOver2() The number pi/2
Pi3Over2() The number pi*3/2
PiOver4() The number pi/4
SqrtPi() The number sqrt(pi)
Sqrt2Pi() The number sqrt(2pi)
SqrtPiOver2() The number sqrt(pi/2)
Sqrt2PiE() The number sqrt(2*pi*e)
LogSqrt2Pi() The number log(sqrt(2*pi))
LogSqrt2PiE() The number log(sqrt(2*pi*e))
LogTwoSqrtEOverPi() The number log(2 * sqrt(e / pi))
InvPi() The number 1/pi
TwoInvPi() The number 2/pi
InvSqrtPi() The number 1/sqrt(pi)
InvSqrt2Pi() The number 1/sqrt(2pi)
TwoInvSqrtPi() The number 2/sqrt(pi)
TwoSqrtEOverPi() The number 2 * sqrt(e / pi)
Degree() The number (pi)/180 - factor to convert from Degree (deg) to Radians (rad).
Grad() The number (pi)/200 - factor to convert from NewGrad (grad) to Radians (rad).
PowerDecibel() The number ln(10)/20 - factor to convert from Power Decibel (dB) to Neper (Np). Use this version when the Decibel represent a power gain but the compared values are not powers (e.g. amplitude, current, voltage).
NeutralDecibel() The number ln(10)/10 - factor to convert from Neutral Decibel (dB) to Neper (Np). Use this version when either both or neither of the Decibel and the compared values represent powers.
Catalan() The Catalan constant
Sum(k=0 -> inf){ (-1)^k/(2*k + 1)2 }
EulerMascheroni() The Euler-Mascheroni constant
lim(n -> inf){ Sum(k=1 -> n) { 1/k - log(n) } }
GoldenRatio() The number (1+sqrt(5))/2, also known as the golden ratio
Glaisher() The Glaisher constant
e^(1/12 - Zeta(-1))
Khinchin() The Khinchin constant
prod(k=1 -> inf){1+1/(k*(k+2))^log(k,2)}
Stochastic RSI - DurbtradeDurbtrade Stoch RSI -
1) Stoch RSI
A) The K line can be customized to change color based on vertical direction.
B) The space between K line and D line can be filled with a color depending on whether K line is above or below the D line.
C) There are color-coded, cross-over and cross-under background fills, to signal when the K line crosses the D line.
D) K line is drawn in front of D line (D line is drawn behind K line).
E) Default values : K = 3, D = 4, RSI Length = 14, Stoch Length = 14
2) Horizontal Lines
A) Horizontal lines can be drawn automatically, so you don't have to draw them, and they don't extend past the current bar.
B) There are 11 customizable horizontal lines,
and each line is set to non-customizable increments (zero, 10, 20, 30, 40, fifty, 60, 70, 80, 90, hundred).
C) The 11 lines are divided into 2 groups:
a) 4 PAIRS of lines WITH fill options (10/90, 20/80, 30/70, 40/60... 8 lines total), and
b) 3 INDIVIDUAL lines WITHOUT fill options (zero, fifty, hundred).
D) The 4 fills give you the option to fill the space between each pair with a customizable color and opacity,
regardless of whether the lines themselves are drawn or not.
(all default values are what I feel work best for this indicator...
and initially, only the zero, fifty, and hundred lines are drawn automatically .
You may add the other lines if you choose to, by adjusting the opacity to your liking).
3) Conclusion
A) As with my previous indicators, this one maximizes information, color, discernment, clarity, and customization.
B) It is optimized for your ability to be able to easily customize the indicator according to your preferences...
for use on your own personal television, laptop, or cellular phone screen setup... and on all chart zoom levels and layouts.
C) Please feel free to comment your thoughts, critiques, or suggestions. They are all helpful!
D) Check out my previous pine script indicators if you like this one. They work really well together.
E) I hope that you find this script useful.
F) Enjoy!
//Durbtrade
Moving Average BandsUse this script to find buy and sell zones for BTC based on momentum of the move relative to the average asset price over a given period. The script plots a series of offset bands above and below the Simple Moving Average. When price crosses another band further from the SMA, the background is rendered brighter. The brighter the background, the stronger the buy and sell signal is, as the expectation is that price wants to return to the SMA. Settings are adjustable to fine tune to various time frames and assets. Good settings for BTC Daily are length 30, layers at 10, 20, 30, and 40.
On 1H BTC/USD I use length 200, layers at 5, 10, 15, 20 to find decent swing trading opportunities.
On BTC/USD 1D chart, combine with Bitcoin Logarithmic Growth Curve from @mabonyi (original by @quantadelic )for confluence of very reliable signals.
RSI Relative Strength Index 3X - DurbtradeDurbtrade Triple RSI - 3 individual RSI's on 1 indicator, each distinguishable by length, as well as line color, thickness, opacity, and type.
(note: usable line TYPES are limited... try experimenting)
1) RSI's
A) Each RSI can be customized to change color based on RSI vertical direction (default = only RSI #1 changes color).
B) All 3 RSI's use a single Source (default Close).
C) You may customize the length of each RSI individually (I LOVE my default 14, 7, and 3!).
D) RSI #1 is the primary RSI, and is plotted LAST, so that it is drawn ABOVE RSI #2, which is drawn above RSI #3.
2) Horizontal Lines
A) Horizontal lines are also drawn automatically, so you don't have to, and they don't extend past the current bar.
B) There are 11 customizable lines, and each one is set to non-customizable increments (zero, 10, 20, 30, 40, fifty, 60, 70, 80, 90, hundred).
C) The 11 lines are divided into 2 groups:
a) 4 PAIRS of lines WITH fill options (10/90, 20/80, 30/70, 40/60... 8 lines total), and
b) 3 INDIVIDUAL lines WITHOUT fill options (zero, fifty, hundred).
D) The 4 fills give you the option to fill the space between each pair with a customizable color and opacity (the default is what I personally feel is best for each).
3) Conclusion
A) As with my previous indicators, this one maximizes information, discernment, clarity, and customization.
B) It is optimized for your ability to be able to customize a relatively basic but important indicator with ease
for use on your own personal television, laptop, or cellular phone screen setup... and on all chart zoom levels and layouts.
B) And, this being my 3rd script, please feel free to comment, critique, or leave suggestions. I find them helpful!
C) Check out my previous pine scripts if you like this one. They work well together.
D) I hope that you find this useful.
E) Enjoy!
//Durbtrade
mForex - Bollinger Bands - Pinbar scalping systemTransaction setup parameters
Time frame: M5, M15
Currency pair: Any except XAU/USD
Trading strategies
=== BUY ===
Price break out of the lower Bollinger Bands
The Pinbar reversal candlestick appears and closes the candle on the lower Bollinger Bands
Stop loss: Nearest bottom + 3-5 pips
Profit target: 10-20 pips
=== SELL ===
Price break out of the upper Bollinger Bands
The Pinbar reversal candle appeared and closed below the upper
Stop loss: Nearest peak + 3-5 pips
Profit target: 10-20 pips
* If you have any questions or suggestions for this strategy, feel free to ask us.
unRekt - KISS AddieKISS Addie is the ADX and DI+- indicator and is part of the 'keeping it simple' series. ADX is your Average Directional Index and DI is you Directional Movement Indicator.
ADX - Will show the strength of the trend regardless of direction.
00 - 10 : No trend
10 - 20 : Transitioning trend
20 - 40 : Trending
40 - 99 : Exhausted (Can also be considered a stronger trend the higher it goes, but look to exit position once it begins to downward slope and pay attention to DI spread)
DI - Will show the direction of movement. This indicator includes two views of the DI. the DI+ and DI- crossover and a histogram of the spread between the two.
Bullish : Green crosses over red.
Bearish : Red crosses over green.
ADX+DMI_by_BIMashed together Chris Moody's ADX thing with his DMI thing.
So you can see trend strength + direction
green-ish = uptrend-ish//red-ish = downtrend-ish
Colors can be adjusted though.
below 10 = gray, not much going on
10 - 20 = light green/light red, could be the beginning o something
20 - 40 = bright green / bright red, something is going on
above 40 = dark green, dark red, exhaustion (default is 40, can be adjusted to whatever)
Technical Analysis - Panel Info//A. Oscillators & B. Moving Averages base on TradingView's Technical Analysis by ThiagoSchmitz
//C.Pivot base on Ultimate Pivot Points Alerts by elbartt
//D. Summary & Panel info by anhnguyen14
Panel Info base on these indicators:
A. Oscillators
1. Rsi (14)
2. Stochastic (14,3,3)
3. CCI (20)
4. ADX (14)
5. AO
6. Momentum (10)
7. MACD (12,26)
8. Stoch RSI (3,3,14,14)
9. %R (14)
10. Bull bear
11. UO (7,14,28)
B. Moving Averages
1. SMA & EMA: 5-10-20-30-50-100-200
2. Ichimoku Cloud - Baseline (26)
3. Hull MA (9)
C. Pivot
1. Traditional
2. Fibonacci
3. Woodie
4. Camarilla
D. Summary
Sum_red=A_red+B_red+C_red
Sum_blue=A_blue+B_blue+C_blue
sell_point=(Sum_red/32)*100
buy_point=(Sum_blue/32)*100
sell =
Sum_red>Sum_blue
and sell_point>50
Strong_sell =
A_red>A_blue
and B_red>B_blue
and C_red>C_blue
and sell_point>50
and not crossunder(sell_point,75)
buy =
Sum_red>Sum_blue
and buy_point>50
Strong_buy =
A_red50
and not crossunder(buy_point,75)
neutral = not sell and not Strong_sell and not buy and not Strong_buy
EMA x4 with CROSSThis is an EMA with 4 lines, preset to 10,20,55 and 200. You can change the numbers of each line to whatever you want. There are also two cross indicators built in, one for the 10/20 and one for the 55/200. Individual lines and crosses can be shown or hidden in the settings.
MA Ribbon HA* Inspired by Krypt's and Madrid's Ribbon
* Supplemental to bullish or bearish trend confirmations with Heikin Ashi candles (e.g. 10/20 MA cross)
* Default of: MA 5-55, 100 and 200
* Ability to switch between Simple vs Exponential MAs
You may switch color gradient by using this tool,
www.perbang.dk
Hope this helps. Please do let me know if you know how to script the wishlist below =)
Thanks!
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Wishlist/to do next:
1. Be able to do this color change on counter-trend by implementing this script from Madrid's:
leadMAColor = change(ma05)>=0 and ma05>ma100 ? lime
: change(ma05)<0 and ma05>ma100 ? maroon
: change(ma05)<=0 and ma05=0 and ma05
change(ma)>=0 and ma05>maRef ? lime
: change(ma)<0 and ma05>maRef ? maroon
: change(ma)<=0 and ma05=0 and ma05
na(src ) ? na : src
...
price = dropn(src, dropCandles)
3. Be able to update line thickness of E/MA 10 & 20, as well as their colors.
4. A way to input two HEX colors and automatically update the ribbon lines to have those color gradient.
CM_ADX+DMI ModMashed together Chris Moody's ADX thing with his DMI thing.
So you can see trend strength + direction
green-ish = uptrend-ish//red-ish = downtrend-ish
Colors can be adjusted though.
below 10 = gray, not much going on
10 - 20 = light green/light red, could be the beginning o something
20 - 40 = bright green / bright red, something is going on
above 40 = dark green, dark red, exhaustion (default is 40, can be adjusted to whatever)
Market Breadth EMAs V2Second version of Market Breadth EMAs for $SPY. Getting a little more complicated than V1 but removed noise.
Key:
Green line = % of stocks above their 20-period moving average, the "twitch line"
Red line = % of stocks above their 200-period moving average, the "long term trend"
White line = weighted average of the % of stocks above the 20/50/100/200 averages, the "general trend." Captures bursts that the 200 misses, and is more trustworthy than the 20.
Background colors = limits of the red/green/white where reversals have happened historically. The darker the color, the stronger the signal.
Histogram = the change in the white line over time, for different time periods: 1/4/10/20, the "trend strength/confidence." i.e. If the white line "General Trend" has been drifting lower for a month but started increasing the past 2 days, you might have 3 red histograms and 1 green one.
Techniques:
If the green, red, or white line is above 50%, then more than half the stocks are above that average. So, if they're in the top half, bullish market. Bottom half, bearish market.
If the green line is above the red, market has rising/bullish momentum. If red is above green, market has falling/bearish momentum.
If the white line is rising, bullish momentum. If it's falling, bearish momentum.
If the histograms are all green, there is strong momentum in that direction. The % of stocks above their important averages has been increasing each day for both the short term and long term.
If the histograms go from all green to a mix of green and red, be on the lookout for a reversal from one of the background levels. Usually initiates from the 20 (green line) first.
If price dips without the histogram changing, HODL.
Top 40 High Low Strategy for SPY, 5minThis strategy is developed based on my High Low Index SPY Top 40 indicator
Notes:
- this strategy is only developed for SPY on the 5 min chart . It seems to work with QQQ as well, but it isn't optimized for it
- P/L shown is based on 10 SPY option contracts, call or put, with strike price closest to the entry SPY price and expiry of 0 to 1 day. This includes commissions (can be changed). This is only an estimate calculated using an arbitrary multiplier factor, this can be changed in the setting
- P/L is based on $5000 initial capital
- Works with both regular / extended trading session turned on/off. However, max drawdown is 1/2 with extended trading session ON
- there is still a bug that doesn't allow alert to be created due to calculation error, will update once fixed
This strategy combines signals from the following indicators to determine entry signals:
- High Low Index SPY Top 40
- MACD
- Linear Regression Slope
Entry signal is triggered when:
- High Low Index line crosses the EMA line
- MACD trending in the same direction
- Linear Regression slope is accelerating above a threshold in the same direction, indicating a strong trend
Profit target(PT) and stop loss(SL) are determined using ATR value, with 2:1 Reward to Risk ratio as default.
Exit signal may be triggered prior to PT or SL trigger when:
- High Low Index SPY Top 40 shows a reversal after overbought or oversold conditions (optional)
- Opposite entry signal is triggered
There are a number of optional settings:
- Turn on/off "option trading", P/L will be calculated using share price only without multiplication factor for trading option contracts
- # of options per trade, default to 10
- Reinvest with profit made
- Trade with trailing SL after PT hit
- Take profit early based on Top 40 overbought/oversold
- Trade 0/1 day expiry. This will signal exit by the end of the day on Mon/Wed/Fri, and only exits 1/2 of positions (if in profit) on Tues/Thurs
- Can reduce the SL level without impacting PT
- No entry between 10:05 - 10:20 (don't ask me why, but statistically it performs better)
Consider donating me some of your profit if you make $$$ hahaha~ ;)
Enjoy~~
TPO[Fixed Range, Anchored, Bars Back]TPO Bars Back, Fixed Range and Anchored
Overview
The TPO Profile (Time Price Opportunity Profile) is a powerful market profile indicator that displays the amount of time price spent at different levels during a specified period. Unlike traditional volume profile indicators that show volume distribution, TPO Profile shows time distribution , providing insights into where price has spent the most time and identifying key support and resistance levels.
Key Advantages Over TradingView's Built-in TPO
Simplified Composite Creation : Automatically creates TPO profiles for any time range without manual split/merge operations
Instant Value Area Calculation : Immediately shows Value Area, POC, VAH, and VAL for your selected period
No Manual Assembly Required : TradingView's native TPO requires you to manually split sessions and merge them to create composites - this indicator does it automatically
Flexible Time Ranges : Create composites for any custom time period (multiple days, weeks, specific events) with a few clicks
Real-time Composite Updates : Anchor mode creates live composites that update as new data arrives
Multiple Composite Analysis : Easily compare different time periods without the tedious manual process
Key Features
Core Functionality
Time-Based Analysis : Shows time spent at each price level rather than volume
Configurable Time Blocks : Use any timeframe for TPO counting (30min, 1H, 4H, etc.)
Multiple Price Levels : Adjustable from 5 to 200 levels for granular analysis
Point of Control (POC) : Automatically identifies the price level with highest time activity
Value Area Calculation : Shows the price range containing 70% (configurable) of time activity
Automatic Composite Generation : Creates multi-session composites without manual intervention
Three Operating Modes
1. Bars Back Mode
Analyzes the last N bars from the current bar
Perfect for recent market activity analysis
Range: 10-500 bars
Use Case : Intraday analysis, recent session review
2. Fixed Range Mode
Analyzes a specific time period between start and end times
Ideal for historical analysis of specific events
Creates perfect composites for multi-day periods
Use Case : Earnings periods, news events, specific trading sessions, weekly/monthly composites
3. Anchor Mode (NEW)
Starts from a specific time and extends to the current bar
Dynamically updates as new bars form
Perfect for building live composites from any starting point
Use Case : Live session monitoring, event-based analysis from a specific point, growing composites
Visual Elements
TPO Bars
Horizontal bars showing time distribution at each price level
Longer bars = more time spent at that level
Color-coded to distinguish Value Area from outlying levels
Point of Control (POC)
Red line marking the price level with highest time activity
Most significant support/resistance level
Configurable line style (Solid/Dashed/Dotted) and width
Value Area High/Low (VAH/VAL)
Green and Orange lines marking the boundaries of the Value Area
Shows the price range containing the specified percentage of time activity
Optional display with customizable line styles
Single Print Detection
Identifies price levels touched by only one time block
Display options: Lines or Boxes
Purple color highlighting these significant levels
Often act as strong support/resistance in future trading
Customization Options
Time Block Configuration
Block Time : Choose timeframe for TPO counting (30min, 1H, 4H, etc.)
Allows analysis at different time granularities
Higher timeframes = broader perspective, Lower timeframes = finer detail
Visual Styling
Line Styles : Solid, Dashed, or Dotted for all line elements
Line Widths : 1-5 pixels for POC, VAH, and VAL lines
Colors : Fully customizable colors for all elements
Transparency : Adjustable transparency for better chart readability
Label Management
Show/Hide Labels : Toggle POC, VAH, VAL labels
Font Sizes : Tiny, Small, Normal, Large, Huge
Label Positioning : 8 different position options relative to lines
Offset Controls : Fine-tune label positioning
Line Extension
Level Offset Right : Controls how far lines extend
Smart extension logic:
Value ≤ 0: Infinite extension (extend.right)
Value ≥ 1: Extends exactly N bars ahead
Trading Applications
Support & Resistance
POC often acts as strong support/resistance
Value Area boundaries provide key levels
Single prints frequently become significant levels
Market Structure Analysis
Identify areas of price acceptance (thick TPO bars)
Spot areas of price rejection (thin TPO bars)
Understand where market participants are comfortable trading
Composite Profile Analysis
Create multi-day, weekly, or monthly composites instantly
Compare different composite periods without manual work
Analyze longer-term price acceptance levels
Build composites around specific events or announcements
Session Analysis
Monitor intraday session development in real-time
Compare different sessions (London, New York, Asia)
Track how profiles change throughout the trading day
Build live composites across multiple sessions
Event Analysis
Use Fixed Range mode for earnings, news events
Use Anchor mode to track price development from specific events
Compare pre/post event price acceptance levels
Create event-based composites automatically
Input Parameters
Mode Selection
Mode : Bars Back | Fixed Range | Anchor
Bars Back : Number of bars to analyze (10-500)
Start Time : Beginning time for Fixed Range and Anchor modes
End Time : Ending time for Fixed Range mode only
Analysis Configuration
Block Time : Timeframe for TPO blocks (e.g., "30" for 30-minute blocks)
TPO Levels : Number of price levels (5-200)
Value Area % : Percentage for Value Area calculation (50-95%)
Display Options
Show POC : Display Point of Control line
Show Value Area : Display Value Area box
Show VAH/VAL Lines : Display Value Area boundary lines
Show Single Prints : Display single print detection
Single Print Style : Lines or Boxes
Styling Controls
Colors : TPO, POC, Value Area, VAH, VAL, Single Print colors
Line Styles : POC, VAH, VAL line styles
Line Widths : POC, VAH, VAL line widths
Labels : Show/hide, font size, position, offset controls
Technical Details
Calculation Method
Divides the price range into equal levels based on TPO Levels setting
For each time block, determines which price levels it crosses
Adds +1 count to each crossed level
Identifies POC as the level with highest count
Calculates Value Area by expanding from POC until target percentage is reached
Performance Considerations
Historical data limited to prevent buffer overflow errors
Smart bounds checking for different timeframes
Optimized cleanup routines to prevent drawing object accumulation
Pine Script Version
Built on Pine Script v6
Uses modern Pine Script best practices
Efficient array handling and drawing object management
Best Practices
Timeframe Selection
Block Time = Chart Timeframe : Traditional TPO approach
Block Time > Chart Timeframe : Smoother, broader perspective
Block Time < Chart Timeframe : More granular, detailed analysis
Level Count Guidelines
Low levels (10-20) : Better for swing trading, major levels
High levels (50-100) : Better for scalping, precise entries
Very high levels (100+) : For very detailed analysis
Mode Selection
Bars Back : Daily analysis, recent activity
Fixed Range : Historical events, specific periods, manual composites
Anchor : Live monitoring, event-based analysis, growing composites
Composite Creation Workflow
Select Fixed Range or Anchor mode
Set your desired start time (and end time for Fixed Range)
Adjust TPO Levels for desired granularity
Enable VAH/VAL lines to see Value Area boundaries
The composite profile generates automatically with all key levels
This indicator eliminates the tedious manual process of creating composite TPO profiles in TradingView. Instead of splitting sessions and manually merging them, you get instant composite analysis with automatic Value Area calculation, POC identification, and single print detection. The combination of time-based analysis, multiple operating modes, and extensive customization options makes it a powerful tool for understanding market structure and price acceptance levels across any time period.
Hindsight TrendNon-realtime but highly accurate trend analyzer with only one fundamental parameter ( period aka "minimum trend length")
Basically Hindsight Trend is pivot points on steroids (handles many cases much better). Plus it shows the trend line.
Period
I usually like periods of 10, 20 or 30.
The indicator's delay is identical to the chosen period.
You can actually try a low period like 4 or 5 to get something resembling a realtime indicator.
Uptrends are based on candle lows, downtrends are based on candle highs. So it is possible to have an uptrend and a downtrend at the same time.
Triangles
At trend start, a triangle is drawn. (Trendline isn't always there if the trend didn't last that long.)
Triangle size shows how long the high or low that started the trend remained unbroken. E.g. with period 20: Small triangle = 20+ candles, medium triangle = 40+ candles, big triangle = 80+ candles. So a big triangle marks an important reversal point.
How Hindsight Trend works
Whenever a candle completes, its high and low are saved as potentially "notable" points. A high or low is the more notable the longer it stays unbroken (= not touched again by price).
Now we simply take the notable highs and lows (as in, staying unbroken at least for the user-selected period)... and connect them together - if they are close enough to each other (less than "period" candles away). And decorate the first point in each trend with a triangle.
We only know whether a point is notable after "period" more candles have printed, so that's where the indicator's delay comes from.
Finally we divide the period by 2 and look at highs and lows which are unbroken for that shorter time. While they are not fully "notable" as defined above, we'll call them "semi-notable". Those points are only considered at the end of a trend, and help us extend the trend line a bit further.
