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Trendreversal

Haos Visual Divergence + Volume Analysis█  OVERVIEW The Haos Visual Oscillators is a trend indicator that combines two William % indicators with different periods , to show Over Sold and Over Bought signals. I have added Divergences and a volume indicator to check if buying or selling pressure is exhausted or showing divergences this can help spot trend reversals code taken from: www.prorealcode.com █  DESCRIPTION Divergences: • checks up to 20 pivot points to look for Divergences • Divergences require single candle confirmation • Divergences are only confirmed if oscillator pivot is of close proximity of a price pivot Volume Indicator: • checks for volume divergences or exhaustion This is done by comparing relative change in price to the relative change in volume when oscillator is at over bought or over sold levels indicator Columns: • Yellow => divergence has been spotted • Dim Yellow => divergence was spotted on the previous candle • Blue => volume exhaustion was spotted • Dim Blue => volume exhaustion was spotted on the previous candle • Green => OverSold • Red => OverBought OB/OS: • OverBough t => above 30 • OverSold => below -30 Alerts: • Regular Bullish Divs • Hidden Bullish Divs • Regular Bearish Divs • Hidden Bearish Divs - if you realized that I posted 2 versions of the indicator : • its because I named the first version wrongly on the publishing name and cant change it
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waifuGod tarafından
2
Haus Visual Divergence + Volume Analysis█  OVERVIEW The Haos Visual Oscillators is a trend indicator that combines two William % indicators with different periods , to show Over Sold and Over Bought signals. I have added Divergences and a volume indicator to check if buying or selling pressure is exhausted or showing divergences this can help spot trend reversals code taken from: www.prorealcode.com █  DESCRIPTION Divergences: • checks up to 20 pivot points to look for Divergences • Divergences require single candle confirmation • Divergences are only confirmed if oscillator pivot is of close proximity of a price pivot Volume Indicator: • checks for volume divergences or exhaustion This is done by comparing relative change in price to the relative change in volume when oscillator is at over bought or over sold levels indicator Columns: • Yellow => divergence has been spotted • Dim Yellow => divergence was spotted on the previous candle • Blue => volume exhaustion was spotted • Dim Blue => volume exhaustion was spotted on the previous candle • Green => OverSold • Red => OverBought OB/OS: • OverBought => above 30 • OverSold => below -30 Alerts: • Regular Bullish Divs • Hidden Bullish Divs • Regular Bearish Divs • Hidden Bearish Divs
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waifuGod tarafından
1
Leading Indicator [TH]The leading indicator is helpful to identify early entries and exits (especially near support and resistance). Green = trend up Red = trend down How it works: The leading indicator calculates the difference between price and an exponential moving average. Adding the difference creates a negative lag relative to the original function. Negative lag is what makes this a leading indicator. The amount of lead is exactly equal to the amount of lag of the moving average. The leading indicator has lagging signals at turning points. The leading indicator will always have noise gain, which gets eliminated by applying a moving average. Modifying the alpha values will modify the amount of noise and change the sensitivity of trend change. Example 1: Changing alpha1 from 0.25 to 0.15 lowers noise, more clearly identifies trend, and adds delay to this indicator. Example 2: Changing alpha1 from 0.25 to 0.35 increases noise, less clearly identifies trend, BUT more quickly indicates a trend change. Calculations: Where: alpha1 = 0.25 alpha2 = 0.33 Leading = 2 * (arithmetical mean of current High and Low price) + (alpha1 - 2) * (arithmetical mean of previous High and Low price) + (1 - alpha1) * (previous 'Leading' value) Total Leading = alpha2 * leading + (1 - alpha2) * (previous 'Total Leading' value) EMA = 0.5 * (arithmetical mean of previous High and Low price) + 0.5 * (previous 'EMA' value) Uptrend when 'Total Leading' value is greator than the EMA Downtrend when 'Total Leading' value is lesser than the EMA Cybernetic Analysis for Stocks and Futures, by John Ehlers (page 231-235)
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TanHef tarafından
8
Renko Candles OverlayHello All, For long time I got many request for Renko Candles and now here it's, Renko Candles Overlay . I tried to make almost everything optional, so you can play with the options as you want. Let see the options: Method: the option for brick scaling method: ATR, ATR/2, ATR/4, Percent, Traditional - ATR Period: period for Average True Range and it's valid if the method is ATR - ATR/2 Period: period for Average True Range and it's valid if the method is ATR/2 - ATR/4 Period: period for Average True Range and it's valid if the method is ATR/4 - Traditional: User-defined brick size, it's valid if the method is Traditional - Percent: Percent of Close price, it's valid if the method is Percent if the method is not Traditional (fixed brick size) then Brick size is calculated/updated when new bricks added. so The box sizes may be different because of the calculation is dynamic. Levels & Lines for new Bricks: if you enable this option then the script shows the levels for new brick Change Bar Color: optionally the script changes the bar color by using direction of the bricks and some other options for coloring. The script shows the bricks for visible area, which is approximately 280 candles. so if you change the width and number of the bricks then number of bricks that is shown is adjusted automatically to fit the screen. you can see the examples below: The script shows the levels to new brick as a line and label: Because of real-time bar is not confirmed until the candle close, the script shows the bricks as Unconfirmed , and unconfirmed bricks shown in different color: You can change the width of the bricks (width is 10 in following example): Optionally candle colors are changde by the direction of the bricks: If you have any recommendation then please drop a comment under the script ;) Enjoy!
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LonesomeTheBlue tarafından
137
[UPRIGHT Trading] MoneyFlowTrend Oscillator(cc) PremiumHey Traders, Tonight I'm updating my beloved original MoneyFlowTrend Oscillator with a Premium version. A little background: This is an indicator that I've been working to bring to life for years; learning pinescript code has allowed me to do just that. Built on the idea of Supply & Demand Zones, this utilizes money flow and numerous calculations to create a picture of what is happening underneath the surface of the price action. Richard Wykoff was one of the first market analysts to explain how the economic cycle can be applied to explain market price action; thus, technical analysis . He described two zones among the total of 4 phases; the two zones are Distribution and Accumulation zones, also known as Supply & Demand zones. ______________________________ Since most of you already know the economic cycle, I will try to be concise. The basic ideas: When supply > demand, the price goes up down. When demand > supply, price goes up. When demand = supply, the price stays about the same (going sideways). Price action has --Uptrends, downtrends, and price ranges (consolidation). Wykoff's 4 phases to explain this price action : 1) Accumulation (Demand zone) 2) Markup (Uptrend) 3) Distribution (Supply zone) 4) Markdown (Downtrend) ______________________________ With all that said, usually you will either see a sharp jump from a supply or demand zone or it will consolidate within it. Until a new one is formed on the chart. This indicator attempts to put all of that into a lower indicator. I tried to separate the retailers and the banks and then put them back together to get a full picture. Premium: -Even MORE (quality & quantity) Accurate signals. -Reversal Signal added (Circle- shown on chart) -Cleaner Scaling and Organization. The chart shown above should look like this: Good luck traders. Cheers, Mike (UPRIGHT Trading)
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UPRIGHTTrading tarafından
Projection Bandwidth [CC]The Projection Bandwidth was created by Mel Widner (Stocks and Commodities Jul 1995) and this is another of my series of indicators that I consider undiscovered gems. For those of you who are unaware, the Bandwidth indicator measures the distance between the high and low bands and if you remember from my Projection Bands script, the Projection Bands give pretty accurate early signals of trend reversals and followed fairly closely by a large bulge in the bands. The large bulges in the bands essentially act as the confirmation that the trend reversal is happening and so that brings me to this indicator. This indicator gives signals based on if it has reached a peak or a valley. Both extremes mean that the current trend is ending and I have color coded it based on the buy and sell signals from my Projection Bands indicator. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red. Let me know if there are any other scripts or indicators you would like to see me publish!
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cheatcountry tarafından
11
Trend Analysis Index [CC]The Trend Analysis Index was created by Adam White and not to be confused with the Trend Analysis Indicator that I also published. This indicator operates under the same idea but using a completely different calculation to achieve similar results. The idea behind this indicator is for a combination of volatility and trend confirmation. If the indicator is above it's signal line then the stock is very volatile and vice versa. If the stock is currently trending as in above a chosen moving average for example and the indicator falls below the signal line then there is a pretty good chance in a trend reversal. The recommended buy and sell system to use is to pair this indicator with a moving average crossover system which I have included in the script. Buy when the indicator is above it's signal and the shorter moving average crosses above the longer moving average. For selling you would do the same and sell when the indicator is above it's signal and the shorter moving average crosses below the longer moving average. I have included strong buy and sell signals in addition to the normal ones so stronger signals are darker in color and normal signals are lighter in color. Let me know what other indicators or scripts you would like to see me publish!
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cheatcountry tarafından
[Rygel] Trend Reversal IndicatorThis indicator is a trend reversal detector. It provides a bullish or bearish signal derived from the analysis of 22 indicators. It analyzes and aggregates the divergences and the overbought and oversold conditions to determine a signal strength going from -100 to 100. You can choose the appearance of the signals, how sensitive you want the signals to be and the indicators you want to use. You can also display divergences, and show signal, divergence, overbought and oversold strength as a background color. This indicators also provides several alerts. You can find more information about the divergence algorithm I'm using on this page . Please note this indicator will not give you buy nor sell signals. A bullish signal will not always be followed by a bearish one and vice-versa. You may get the same type of signals for a long time ; expect to see far more bearish signals in a bullish market and far more bullish signals in a bearish market. You should never make a buy or sell decision based solely on this indicator, even when the signal is very strong. This indicator is made to help you to confirm your market analysis and to warn you of possible incoming trend reversals so you can anticipate them and adapt your trading strategy accordingly. It may also help you to optimize your DCA times of purchase. Please note a signal becomes final only after the bar after it is closed, as a divergence pivot may still be invalidated by then. When the signal bar is closed, the signal is considered as confirmed but may still disappears if it is invalidated by the next bar. When the second bar is closed, the signal is made final and stays definitely on the chart. This indicator currently supports the following indicators as sources: AO (Awesome Oscillator) BBP (Bear Bull Power) CCI (Commodity Channel Index) CMF (Chaikin Money Flow) CO (Chaikin Oscillator) EOM (Ease of Movement) MACD (Moving Average Convergence Divergence) MACD histogram MFI (Money Flow Index) MOM (Momentum) OBV (On-Balance Volume) OBV oscillator RSI (Relative Strength Index) RVGI (Relative Vigor Index) RVI (Relative Volatility Index) Stochastic Stochastic RSI TSI (True Strength Index) UO (Ultimate Oscillator) VWMACD (Volume-Weighted MACD) VWMACD histogram WT (Wave Trend) You can disable any of them in the settings. You only need one indicator source enabled for the Trend Reversal Indicator to work. If you disable some indicators, you may need to lower the sensitivity or even use a custom one as the signals strength will probably be higher as it will be easier to match most of the indicators. As this indicator makes a lot of computation, it takes a few seconds to load. If it's an issue for you, you may improve its performance by disabling some indicator sources. HOW IS THE SIGNAL CALCULATED The algorithm analyzes the last three bars (the current one and the two previous bars) and for each enabled indicator source: Add one point for a positive divergence ; Add one point for an oversold condition (when the indicator supports it) ; Add one point for a strongly oversold condition (cumulated with the oversold point) ; Remove one point for a negative divergence ; Remove one point for an overbought condition ; Remove one point for a strongly overbought condition (cumulated with the overbought point). It then normalizes the signal from -100 to 100, where -100 is the minimum theoretical score and 100 is the maximum theoretical one. The algorithm detects up to 100 bars long divergences. SETTINGS SIGNAL SENSITIVITY You can set the indicator sensitivity to one of five levels. Very low (60): Low (55): Medium (50): (this is the default value) High (45): Very high (40): You can also set a custom sensitivity by choosing "Custom" and filling the "Custom sensitivity" field. SIGNAL APPARENCE Show signal strength: replace the "Bear" and "Bull" label with the signal strength. Show indicator names: add the indicator names to the label to know exactly what got detected. OB is for "overbought", OS is for "oversold", OB+ is for "strongly overbought" and OS+ for "strongly oversold". DIVERGENCES Show divergences: add all the detected divergences to the graph. The more divergences are in the same zone, the brighter the colors are. Please note TradingView limits to 500 the number of lines you can display at anytime, so divergences will only be shown for the most recent bars. BACKGROUNDS You can show signal, divergence, overbought and oversold strength as a background color. Show signal background: Show divergence background: The more divergences are detected in the same bar, the brighter the color is. Please note the divergence background only shows confirmed divergences. It requires two bars for a divergence to be confirmed. Show overbought and oversold background: The more overbought and oversold conditions are detected in the same bar, the brighter the color is. You can also combined all of the backgrounds for even more eye pain. ALERTS This indicator offers multiple alerts. New trend reversal signal: a new trend reversal signal has been detected. Bar is not yet closed, signal may still be invalidated and disappear. It's the earliest alert you can get but you'll also get many false positives. New bearish trend reversal signal: identical, but with bearish signals only. New bullish trend reversal signal: identical, but with bullish signals only. Confirmed trend reversal signal: a trend reversal signal has been confirmed. The signal bar is closed but the signal may still be invalidated by the current bar. You'll get far less false positives. Confirmed bearish trend reversal signal: identical, but with bearish signals only. Confirmed bullish trend reversal signal: identical, but with bullish signals only. Final trend reversal signal: a trend reversal signal has been confirmed and is now final. The signal bar and the following one are closed. The signal can't change anymore but it will likely be too late to act on some signals, especially bearish ones. Crashes can be brutal whereas bullish trend reversals usually take more time to unfold. Final bearish trend reversal signal: identical, but with bearish signals only. Final bullish trend reversal signal: identical, but with bullish signals only. I hope you'll enjoy this indicator and I hope it will be as useful to you as it is to me. Feel free to comment if you experience a bug or if an important feature is missing for you. If you like this indicator, please note it has been designed to be used it with my R.S.I. with divergences indicator and my M.A.C.D. with divergences indicator .
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CryptoRygel tarafından
17
8X Trend ATR SAR Dingue V58X Trend ATR SAR Dingue V5 - This is the updated version for Pine Script 5. 8x indicator into 1 : 2x ATR indicator - 3x Trend indicator - 3x SAR indicator Trends are helpful to spot reversal and support resistance, especially on bigger time frames. This indicator gives you a global view of various trends all at once. You can easily turn them On or Off as to not clog the screen. Each trend is also color-coded to visualize quickly the position of the price compared to it. You can customize lengths, adjust line sizes, have the start of a new trend marked with a circle, fill in colors. 'Tool tips' explain other settings and if you have any questions, feel free to ask in the comments below. Thank you for the feedback and check all my ‘Dingue’ indicators.
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CryptoDINGUE tarafından
4
Fibonacci levels MTFHello All, I got some requests for a script that shows Fibonacci Levels of Higher Time Frame Candles. so I made/published this script. I hope it would be useful for you. Options: You can set Higher Time Frame, by default it's 1 Day. Optionally it can use Current or Last Candle of higher time frame to calculate/show its Fibonacci Levels. It can show higher time frame candles at the background optionally. You can change its colors. You can enable/disable/change each Fibonacci levels and their colors. You can enable/disable Fibonacci Labels that is shown at the right ride and see only Fibonacci lines/levels example, Fibonacci levels with higher time frame candles: P.S. if you have ideas to improve this script, drop a comment under the script please Enjoy!
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LonesomeTheBlue tarafından
49
High-Low IndexHello All, High-Low Index is a breadth indicator based on Record High Percent (RHP). RHP is based on new 52-week highs and new 52-week lows. RHP => 100 * (new highs) / (new highs + new lows). High-Low Index is a 10-day Simple Moving Average of the RHP, which makes it a smoothed version of RHP. You can find many articles about High-Low Index on the net. High-Low Index above 50 indicates that there are more new highs than new lows, and considered as Bullish. High-Low Index below 50 indicates that there are more new lows than new highs, and considered as Bearish. High-Low Index = 0 indicates there is no new highs (0% new highs). High-Low Index = 100 indicates that there is at least 1 new high and no new lows. and High-Low Index = 50 indicates that new highs and new lows is equal. by default 40 cryptos are used in the script and shows High-Low Index for these cryptos. but you can change them as you wish. for example you can set all of them as stocks and see High-Low Index for these stocks. You can set " Time frame " and the " Length " using the options. For example; if you set " Time frame " = 1 Week and the " Length " = 52 then it finds High-Low Index for 52weeks . or another example; if you set " Time frame " = 1 Day and the " Length " = 22 the High-Low Indexn it finds High-Low Index for 22days. You can enable/disable Record High Percent or Simple Moving Average of High-Low Index. Some traders use High-Low Index with its SMA, for example; High-Low Index generates a buy signal when it crosses above its moving average, and a sell signal when it crosses below its moving average. Optionally you can see the securities in a table on the left bottom, you can change table size by usşng the options. In the Table, for each security/cell; => if background is green then it has New High => if background is red then it has New Low => if background is gray then no New High, no New Low => if background is back then Data is not available for the security As you can see in the screenshot below, the securities were changed and stocks are used instead of cryptos, so it calculates & shows High-Low Index for these stocks. you can also find explanation in this screenshot: Enjoy!
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LonesomeTheBlue tarafından
32
GreatBlueTradingTeam FibDev SignalsScript Purpose: This script was designed to look for trend reversals and be used with other TA tools to help build confluence for day traders. TA Used: Without diverging too much information, this script relies on Highs, Lows, Opens, EMAs, Standard Deviations, Fib Numbers, and Fib Levels. Script Overview: First we look at the price action found on the Daily chart to create a set of zones using Fibs and Standard Deviations thats serves as our gauge on how far the price will move on any given day. Then, we create another set of zones ("intraday" zones if you will) that are built on much faster price action and relevant to the chart time period that is selected. These zones are also created using a combination of Fibs and Standard Deviations. From here, we compare the intraday price action with these two zones and look for areas where we feel overbought or oversold conditions are forming to create the bullish or bearish signals provided by the indicator. Script Shortcomings: Due to the fact this script is looking for breaks in trends, or trend reversals, it is subject to high risk especially in times of strong market trends where it could experience repeated failed signals. We recommend using this script in combination with other forms of TA for additional confluence as well as general market awareness that may influence trends and market behavior. Script Access: Please PM us to obtain information about accessing this script, or view our profile for contact information.
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GreatBlueTrades tarafından
CryptoGraph MA DivergenceCryptoGraph MA Divergence is a multifunctional trading tool that identifies aspects of trend trading. The indicator is based on moving averages, transformed into an oscillator. This way it becomes possible to get a better visualisation of MA's relative to each other, and more importantly, it enables us to spot divergences based on MA's. This simply yet effective enhancement wasn't seen before as an oscillator, so I decided to make and share it. Features of the indicator: - Blue/Purple wave (Based on Moving Averages) - White line (Average of Blue/Purple Wave) - Green/Red Dots (Trend reversals) - Red/Green lines (Wider red and green lines are regular divergences, thinner red and green lines are hidden divergences) What to look for? - A red or green dot may be a very early indication of a trend reversal, in times of consolidation they cluster together. Use other CryptoGraph indicators to filter these dot clusters. - Blue/Purple wave crossing 0 line. - Divergences. Divergences are automatically spotted in the indicator. HOWEVER, always try to find them manually, since the indicator won't be able to spot them all automatically. For access contact me through TradingView or Discord.
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ScryptoMB tarafından
5
pNRTRLibrary "pNRTR" Provides functions for calculating Nick Rypock Trailing Reverse (NRTR) trend values with higher precision offsets for both low, and high points rather than the standard single offset. pnrtr(float low_offset = 0.2, float high_offset = 0.2, float value = close) low_offset Offset used for nrtr low_point calculations. Default is 0.2. high_offset Offset used for nrtr high_point calculations. Default is 0.2. value Variable used for nrtr point calculations. Default is close.
Pine Script® kütüphanesi
birdgineer tarafından
Trendorithm PrimeTrendorithm Prime is a toolkit made up of several different innovative indicators, designed by our team of developers. Get access now and create your own, unique trading strategies using our - all in one algorithm. Our algorithm works in any market and focuses on finding the direction of the trends and remove noise from the price, for smooth understanding of the market. Extra Confirmation Using binomial distribution, the past values are processed to interpret the direction of trend. After that, the signals are triggered based the volatility of the market,which is derived from the averages of candle size. All of these signals were optimised for each timeframe using timeframe multiplier. Setting a lesser value on quotient adjusts the lookback length and volatility conditions, thus producing more number of signals that supports scalping trades. Higher the number in quotient, the frequency of trades reduce which helps the trader to hold trades for longer time. Our Confirmation Signals helps to analyze the direction of trends for all markets and all timeframes, it boosts Trader’s confidence prior taking trades. We made our Confirmation Signals flexible in order to suit any kind of trading style. By adjusting the Quotient value in the settings, Traders can control the frequency of signals generated easily. The Confirmation Signals includes a special type of signal called "Prime" which includes candle coloring to see the strength of the trend. Our Candle-system is designed in 3 different colorings. Green ( Bullish ) Red ( Bearish ) Purple (possible reversal or the possible formation of a new trend) Trendo Cloud The power of moving averages is always ultimate. This cloud made up of multiple moving averages acts as a dynamic support and resistance. The color and width of the cloud is used to find potential entry and exit points for trades. Trend Catcher and Trend Chaser The trend catcher is a trend-following indicator moves close to the price that aims to estimate the recent trend of price. It indicates green in uptrend and red in case of a downtrend. The trend chaser is similar to the previous Trend Catcher, but it aims to chase long-term trends. They are specially calculated from the highs and lows of price. Acts as a filter for confirmation signals and provides clarity for the direction of trend. All of these functionalities tend to help users understand the market conditions as trending or ranging. If you are using this script, you acknowledge that past performances are not indicative of future results and that there are a lot of factors required that go into being a profitable trader. You can see the Author’s instructions below to get access to this prime indicator.
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trendorithm tarafından
1
Trend ExplorerAre we in a bull or a bear market? From the technical analysis point of view, the answer is "It depends". It depends from the parameters of your indicator, the timeframe of the pair you are looking and the volatility of that specific market you are looking to. After I experimented with various trending indicators I decided to develop a framework that potentially could "embed" already existing logic from well known indicators (e.g. Supertrend OTT etc.). The most important part is that I managed to abstract that logic away and experiment even further to produce some more robust, market and timeframe resolution agnostic results. While at the same time I was able to switch between market and timeframe resolution specific configuration to take some decision. Finally, I decided to share this code with you folks! Developed this indicator "Trend Explorer" in an effort to make the aforementioned abstraction of all those trending indicators. The goal is to enable the user to explore and combine different approaches in order to create a more robust and market general/specific, timeframe resolution invariant/fluctuating and volatility auto/manual adjusted indicator according to his needs. The logic behind the abstraction is fairly simple. The trending indicator consists of two boundary lines the "bull trend low boundary" (green) and the "bear trend high boundary" (red). The indicator also has a control line (orange). Every time the control line crosses a boundary there is a trend reversal! The boundary lines are defined by the thresholds. To be more precise, boundaries are pulled upwards by thresholds (blue) during a bull market and downwards during a bear market. I challenge the user to experiment with the different ways of calculating the thresholds and the control. I am open to suggestions that might improve and extend the possibilities of this indicator. Any feedback, comments, general thoughts or bug reports are welcome. Why did I chose those defaults? For threshold calculation I chose MINMAX which calculates the local minimum and maximum using a sliding window. As far as I know it is not used in any existing trending indicator, but it seems reasonable for a trader to search for local min and max to make a decision. The width of the sliding window a.k.a the "period to remember" the local min and max is 30 days by default, just because I believe that for regular people it is a reasonable period of time to forget too. Also, compared to the SUBADD method MINMAX does not seem to lag behind, especially when using averages in the SUBADD mode. Moreover, I consider MINMAX to be more general than the margins used by the SUBADD since margins should be configured based on the underlying market volatility. For a source of min and max I chose the low and high values just because they are timeframe resolution invariant, meaning that they have the same (not exactly due to number precision and rounding, but very close) results for a single pair whether you use "4 hour" or "1 day" time interval! Another popular choice might be (close, close) since many traders wait for the daily candle to close in order to discard outliers. However, this approach is not resolution invariant and it depends from the time interval the user has selected. Do you have any interesting trending indicator you would like to see how it performs in this framework logic? Let me know! Do you have in mind any variation of Control or Thresholds calculation you would like to test? Please describe it in the comments below so I can add it in my implementation for you! Did you find any other bug or you experienced any strange behavior? PM me with a description of the bug, the trading pair the timeframe resolution the exact time (candle) and all the necessary configurations for this indicator so I can reproduce it on my machine! Please enjoy with caution, Jason
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jason5480 tarafından
12
One For All - Trend Insight System (Light ver.)Introduction : Compared to the TIS v1.0, this "light" version is simpler to use and to understand, hence it will suits the basic needs of traders and investors looking for a clear and user friendly indicator to assess the current trend situation for continuous markets. The settings allow an adaptation for call markets, but more backtesting needed at your discretion (see notes below on call markets). The TIS takes price action, volume and volatility, to : - provide a clear and easy to interpret global picture on the current trend siuations - give hints for decent take profit and exit points - help find support and resistance levels - assess trend strength and momentum Disclaimer : The Trend Insight System (TIS) is among the most perfected trend following indicator. Built around the Verbatim (the main colored line), it is inspired by Tushar S. Chande's work on volatility, that I really enjoyed reworking in-depth and re-engineer from scratch, after some tweaks and managing to factor-in the volumes, the Verbatim was born. The Verbatim is essentially a "smart" moving average that will adapt itself to the price action, the volatility and the volumes, in order to filter-out whipsaw price action and help the user clarify opportunities for trend trading. Since the various components of the TIS helps serve as Support & Resistance level (see examples below), it will also prove to be helpful for swing traders. Please use with caution, proper risk management and along with your favorite oscillator, channels, candlestick reading and signals system (such as the Pattern Detection System that will be provided complimentary to the TIS, in a separate script). Some explanation : Verbatim line : - Green shows a bullish trend, orange for consolidation and red for bearish trend - When it consolidates, it can be extended to the right to be used as a Support & Resistance line example use case : In summary : - A possible entry is when price action confirms over the consolidating (orange) Verbatim, or after the Verbatim turns green. Please note that they both can prove to be false trend start, so these signals are best used with other indicators for confirmation - A possible exit point show up when the price action starts closing into the Verbatim, or even safer, when the price action confirms under the verbatim, again, to be used with other indicators on the side Trend Strength and Momentum: - Read the current status at a glance - Trend strength is the relative position of each trend lines (most of which are hidden on this "light" version), from -100% (=bear power) to +100% (=bull power) - Momentum is measuring the slope of the Verbatim (and another hidden "smart" trend line) also from -100% to +100%; trend lines pointing downwards = bears waking up / in force, horizontal = consolidation or upwards = bulls waking up/in force Important notes : While is a very powerful yet easy to read Technical Analysis tool, it has been fully optimized for continuous markets such as crypto. It is highly advised to use the default settings provided as they have been backtested more thoroughly ("continuous market" and "close" input) To prevent confusing casual users and to avoid overoptimization -risky at best and counter productive at worst, according to legendary traders such as Mark Douglas- this version has most of the customization settings locked out; volume integration, smoothing method used, smoothing constant, volatility setting, period of study. The settings left available are : - continuous market / call market selection, selecting "continuous maket" will use a specifically designed method of calculation for volatility , based on ATR, while selecting "call market" will automatically use ATR for calculating the volatility , and - input source selection for the volatility calculation, which only works for "continuous market". The locked out settings might be included in the future in a more restricted yet complete "Expert mode" version. End notes : It will always be considered a work in progress to help bring out the best of trend analysis. Suggestions are welcomed to make it a more user-friendly tool.
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CptFantastic tarafından
9
One For All - Trend Insight System v1.0Introduction : The TIS takes price action, volume and volatility, to : - provite a clear and easy to interpret global picture on the current trend siuations - give hints for good take profit and exit points (see local consolidation line) - help find support and resistance levels - assess trend strength and momentum Disclaimer : The Trend Insight System (TIS) is among the most perfected trend following indicator. Built around the Verbatim (the main colored line), it is inspired by Tushar S. Chande's work on volatility, that I really enjoyed reworking in-depth and re-engineer from scratch, after some tweaks and managing to factor-in the volumes, the Verbatim was born. The Verbatim is essentially a "smart" moving average that will adapt itself to the price action, the volatility and the volumes, in order to filter-out whipsaw price action and help the user clarify opportunities for trend trading. Since the various components of the TIS helps serve as Support & Resistance level (see examples below), it will also prove to be helpful for swing traders. Please use with caution, proper risk management and along with your favorite oscillator, channels, candlestick reading and signals system (such as the Pattern Detection System that will be provided complimentary to the TIS, in a separate script). Some explanation : Verbatim line : - Green is bullish trend, orange for consolidation and red for bearish trend - When it consolidates, it and be extended to the right to be used as a Support & Resistance line example use case : Local consolidation line : - A more optimal way to find an exit point when we have missed a top formation example use case : Verbatim channel : - A way to visualize price disequilibrium example use case: Verbatim cloud: - Stronger Support and Resistance levels - Price disequilibrium - Consolidation range (when Verbatim is inside the cloud and did not go through) example use case: Trend Strength and Momentum: - Read the current status at a glance - Trend strength is the relative position of each trend lines, from -100% (=bear power) to +100% (=bull power) - Momentum is measuring their slope also from -100% to +100%; trend lines pointing downwards = bears waking up / in force, horizontal = consolidation or upwards = bulls waking up/in force Important notes : While is a very powerful yet easy to read Technical Analysis tool, it has been fully optimized for continuous markets such as crypto. Each item of the Trend Insigth System can be disabled to suit your personal use. It is highly advised to use the default settings provided. To prevent confusing casual users and to avoid overoptimization -risky at best and counter productive at worst, according to legendary traders such as Mark Douglas- this version has most of the customization settings locked out; volume integration, smoothing method used, smoothing constant, volatility setting, period of study. The settings left available are : - continuous market / call market selection, selecting "continuous maket" will use a specifically designed method of calculation for volatility, based on ATR, while selecting "call market" will automatically use ATR for calculating the volatility, and - input source selection for the volatility calculation, which only works for "continuous market". The locked out settings might be included in the future in a more restricted yet complete "Expert mode" version. End notes : It will always be considered a work in progress to help bring out the best of trend analysis. Suggestions are welcomed to make it a more user-friendly tool.
Pine Script® göstergesi
CptFantastic tarafından
8
Buy Sell Indicator by Independent ResearcherThis is an Buy and Sell Oscillator. Its show the trend reversal or change in price action of the market. This indicator is a combination of various moving averages. This is like a MACD but a very powerful version. How To Use It If green line gives crossover white line towards down then price is expected to fall. If red line gives crossover white line towards up then price is expected to rise. For better results of indicator trade after closing of crossover candle. There is a band +.20 to -.20 for better results trade on crossover happens between that band. Below you will see an example:- XAUUSD EURUSD
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TraderNo_1 tarafından
10
EE-Hunter-Strategy v1.EE-Hunter Strateji is one of the most common ATR based trailing stop indicators. Default method is RMA, when the alternative method is SMA . In this version you can change the ATR calculation method from the settings. The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a super indicator are 10 for average true range or trading period and three for its multiplier. The average true range (ATR) plays an important role in 'EE-Hunter Strategy' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility . The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the 'EE-Hunter Strategy' closes above the price and a sell signal is generated when it closes below the closing price. It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a 'EE-Hunter Strategy' closes above the price, it generates a sell signal as the colour of the indicator changes into red. A 'EE-Hunter Strategy' indicator can be used on equities, futures or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market. Good lucks, best regards.
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ENG_CAPITAL tarafından
5
Double DojiStrategy Kiss = 'Keep It Simple, Stupid' or 'Keep It Simple, Smart' The script simply identifies 2 consecutive Doji candles, and calculates Target on both the sides for given Reward : Risk factor. The High-Low to Open-Close ratio is set to default value 20. The Reward : Risk ratio is of default value 2. Both can be set to values of your choice. Accuracy best on Daily chart. Can be tried on any timeframe though. Trading Rules: Buy at higher / Short at lower of the 2 candles, with other as Stop Loss. If a Stop Loss is hit, go for reverse trade. If again a SL is hit, switch to other instrument. Important: If trading in Futures and target is achieved, hedge the position by buying an option (subject to liquidity). Reason is, the trend may condition to any extent and you would definitely not want to miss out the whole action. Check the shared example. For a risk to 175 points, reward is 2200+ points (more than 12.5 times).
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SushilKothawade tarafından
2