super SSL [ALZ]This script is designed and optimized for MULTI TIME
by Ali Zebardast (ALZ)
1.in part of ssl
Original Version credits to Mihkel00
Actual Version i just set alerts and change the parameters for BTCUSDT 1min Chart.
He designed for daily time. I tried to optimize 1 min time-frame .
And fix the errors with OTT
"This script has a SSL / Baseline (you can choose between the SSL or MA), a secondary SSL for continiuation trades and a third SSL for exit trades.
Alerts added for Baseline entries, SSL2 continuations, Exits.
Baseline has a Keltner Channel setting for "in zone" Gray Candles
Added "Candle Size > 1 ATR" Diamonds from my old script with the criteria of being within Baseline ATR range."
2.in part of Range
two Filter Buy and Sell for 3min
Wait For Bar close
ssl2 :Be under the candle for buy
and The bar color must confirm the order of purchase (Blue)
3.in part of OTT
when candles close over HOTT, means an UPTREND SIGNAL
and to Fuchia when candles begin closing under LOTT line to indicate a DOWNTREND SIGNAL.
FLAT ZONE is highlighted also to have the maximum concentration on sideways market conditions.
There are three quantitative parameters in this indicator:
The first parameter in the OTT indicator set by the two parameters is the period/length.
OTT lines will be much sensitive to trend movements if it is smaller.
And vice versa, will be less sensitive when it is longer.
As the period increases it will become less sensitive to little trends and price actions.
In this way, your choice of period, will be closely related to which of the sort of trends you are interested in.
The OTT percent parameter in OTT is an optimization coefficient. Just like in the period
small values are better at capturing short term fluctuations, while large values
will be more suitable for long-term trends.
The final adjustable quantitative parameter is HIGHEST and LOWEST length which is the source of calculations.
Credits go to:
SSL Hybrid www.tradingview.com
HIGH and LOW OTT : www.tradingview.com
Range Filter www.tradingview.com
Ağırlıklı Hareketli Ortalama (WMA)
[MACLEN] TRUE RANGEThis is a true range (TR) based strategy with weighted moving average (WMA) smoothing to remove noise.
In addition, it includes a risk management strategy using 4 "safes" in the same operation to always seek to make a profit.
This is for evaluation only, and it is not recommended to use with real money.
It is a work in progress. I read your comments.
Bears Bulls Impulse█ OVERVIEW
Maybe another version of the Bears Bulls indicator, but with a unique interpretation on the scripts found here on Tradingview. Again, this indicator is not meant to be used alone but as an entry/exit confirmation with other indicators.
█ CONCEPTS
Using a modified version of the WMA indicator, the LWMA , this indicator will work similarly to the Bears Bulls Power indicator. Quoting from Admiral Markets, "Bulls Power measures the capability of buyers in the market to lift prices above an average consensus of value. Bears Power measures the capability of sellers to drag prices below an average consensus of value. Using them in tandem with a trend measure allows you to identify favorable entry points."
█ HOW TO USE IT
As soon as the color changes, it indicates a change in the price direction and divergences. Green buy, red sell? Not that simple, but following that pattern for scalping may result in some good entries. Following this indicator blindly will not be accurate as using another indicator to filter the signals in favor of a major trend (that indicator could be another Bears Bulls Inpulse from a higher time frame)
jma + dwma crossoverThis crossover system was originally conceptualized by Jurik Research and made public to the world on their website .
The indicator consists of the faster Jurik Moving Average (JMA) and the slower Double Weighted Moving Average (DWMA). A long signal is shown when the JMA line crosses above the DWMA line (indicating a possible reversal in trend). A short signal is shown when the JMA line crosses below the DWMA line. Take profit signals are shown when the JMA line reverses directions. Alerts for signals are included in this indicator.
The default settings are not optimized for any timeframe. Both JMA and DWMA lines are defaulted to hidden.
Credit to @everget for the re-creation of the Jurik Moving Average in pinecsript.
Kahlman HullMA / WT Cross StrategyA strategy created using Hull Moving Average and WT Cross .
Hull Moving Average turns green and WT Cross crossover this is a long. Otherwise short.
Stop Loss and Take Profit settings are available. You can set it to the level you want or turn it off.
According to my measurements, it shows the best performance in the 4-hour period. But you can find the best settings that are correct from the Strategy settings.
Anchored TWAP with StDev Bands [MrShadow]TWAP with:
- Anchoring: Custom, Day, Week, Month, Quarter, Year (custom anchoring can be selected by dragging a vertical line through the chart)
- Standard Devation Bands
- Auto-coloring depending on the trend
DayTradingFutures Cross-StrategyOVERVIEW
This indicator was designed to help beginners use a cross over strategy that can be used for entries, exits and to for trend direction.
█ COMPONENTS
Here is a brief overview of the indicator:
Weighted Moving Averages
I find that by using a weighted moving average ( WMA ) to show a crossover, is very close to using a MACD signal line cross or using a RSI signal crossing over the 50/Mid Line. In my main strategy, I use the 5period (fast) and with the crossing of the 20period (slow) WMA for entries and the 50period WMA to show the short term trend. Please note, that I use the 50 period for day trading, if you are using a swing trade or plan on holding positions long term, a higher period may be preferred . All of the moving averages are customizable by color, length, and timeframe. **I feel comfortable trading this strategy at the 5min,10min, and 15min charts.
1 — 5 WMA- this is the white moving average closest to price and is the first part of our small cloud.
2 — 20 WMA - this is the yellow moving average and is the second part of or small cloud.
3 — 50 WMA - this is the directional trend.
Moving Average Clouds
The cloud (which is optional) appears when the trader should be looking to go Long or Sell Short. The dividing line is when both the 5 and 20 periods are over the 50 period.
Trade Management
This is a tool to help with setting your stop loss, break even, and target levels. Currently you can set these based on the current ATR ( Average True Range ).
The “Buy” and “Sell” signals are the ATR indicator based on your risk tolerance (fully customizable). Different ticker symbols will require different ATR values, please back test! When applying your stop loss, drag the stop line to small arrow of the signal callout.
Trading Session
The indicator was designed for beginners to trade during the New York Session (08:30 – 16:00 CST). However, the indicator will ONLY show signals AFTER opening and BEFORE close (09:00 – 14:30 CST). The reason for this is that there is greater volatility during the open and I do not recommend to be in a trade at the end of the session.
Buy and Sell Alerts
Alerts can also be set, when an entry can be made. This prevents a person from having to watch the charts for an extended period of time.
Faults of this strategy:
Time of RANGES/CONSOLIDATION periods and EXTREME VOLITITY KILLs this strategy!! Do not trade this strategy during these periods!!
Disclaimer:
NO strategy is 100% effective! I am not responsible for any loss trades or malfunctions of this code. I recommend to paper trade any new strategy before trading with real money! I am not a financial advisor, trading can be very risky!
Weighted Least Squares Moving AverageLinearly Weighted Ordinary Least Squares Moving Regression
aka Weighted Least Squares Moving Average -> WLSMA
^^ called it this way just to for... damn, forgot the word
Totally pwns LSMA for some purposes here's why (just look up):
- 'realistically' the same smoothness;
- less lag;
- less overshoot;
- more or less same computationally intensive.
"Pretty cool, huh?", Bucky Roberts©, thenewboston
Now, would you please (just look down) and see the comparison of impulse & step responses:
Impulse responses
Step responses
Ain't it beautiful?
"Motivation behind the concept & rationale", by gorx1
Many been trippin' applying stats methods that require normally distributed data to time series, hence all these B*ll**** Bands and stuff don't really work as it should, while people blame themselves and buy snake oil seminars bout trading psychology, instead of using proper tools. Price... Neither population nor the samples are neither normally nor log-normally distributed. So we can't use all the stuff if we wanna get better results. I'm not talking bout passing each rolling window to a stat test in order to get the proper descriptor, that's the whole different story.
Instead we can leverage the fact that our data is time-series hence we can apply linear weighting, basically we extract another info component from the data and use it to get better results. Volume, range weighting don't make much sense (saying that based on both common sense and test results). Tick count per bar, that would be nice tho... this is the way to measure "intensity". But we don't have it on TV unfortunately.
Anyways, I'm both unhappy that no1 dropped it before me during all these years so I gotta do it myself, and happy that I can give smth cool to every1
Here is it, for you.
P.S.: the script contains standalone functions to calculate linearly weighted variance, linearly weighted standard deviation, linearly weighted covariance and linearly weighted correlation.
Good hunting
NSDT HAMA CandlesHAMA (Heiken-Ashi Moving Average) Candles are built using different moving average lengths for the open, high, low, and close. Those levels are then run through the Heiken-Ashi Candle formula to create a new hybrid candle on the chart. There is an additional Moving Average plotted as well for overall direction.
This may be used best for identifying trending markets. By referencing the HAMA Candle indicator, it may help guide you to stay in a trade a bit longer, or wait a bit longer before entering at the beginning of a potential trend.
We added a Gradient Color scheme option for a more colorful view of potential trend directional changes. The gradient code is taken from the Pinecoders Gradient Framework (Pro Advance/Decline Gradient example) at
There are three different Moving Average types to choose from. (EMA, SMA, WMA). All MA lengths can be modified. All colors can be modified. All options can be turned on or off.
This was previously an "invite-only" indicator, but we decided to publish it publicly and open source.
R950S- MehmetAltun
hello, it allows you to see both rsi and ma and ema values on the same screen. You can set the levels you want in the Aarlar section. You can make the coloring you want.
Configurable Multi MA Crossover Voting SystemThis strategy goes long when all fast moving averages that you have defined are above their counterpart slow moving averages.
Long position is closed when profit or loss target is hit and at least one of the fast moving averages is below its counterpart slow moving average.
The format of the config is simple. The format is : FASTxSLOW,FASTxSLOW,...
Example : If you want 2 moving averages fast=9,slow=14 and fast=20,slow=50 you define it like this : 9x14,20x50
Another example : 5x10,10x15,15x20 => means 3 moving average setups : first wih fast=5/slow=10, second with fast=10/slow=15, last with fast=15/slow=20
You can chose the type of moving average : SMA, WMA, VWMA (i got issues with EMA/RMA so i removed them)
You can chose the source of the moving average : high, close, hl2 etc.
You can chose the period on which ATR is calculated and ATR profit/loss factors.
Profit is calculated like : buy_price + atr_factor*atr
Loss is calculated like : buy_price - atr_factor*atr
Performance in backtest is variable depending on the timeframe, the options and the market.
Performance in backtest suggests it works better for higher timeframes like 1d, 4h etc.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
Correlation StrategyThis is a basic strategy that shows how to trigger short/long/close signals on chart's symbol based on calculations made on another symbol which we consider correlated to it.
With default parameters, ETH/USDT as base symbol, the strategy shows good results in backtest for several symbols : DENT/USDT, BTT/USDT, FTT/USDT, DOT/USDT etc.
This is not surprising giving the importance of ETH in the crypto market so it makes sense many crypto currencies will follow ETH big movements.
Note : the strategy with default parameters is supposed to be applied on 4h timeframe. On other timeframes, try another support length.
How the strategy works :
A wma is calculated on the base symbol, with 200 length by default.
When wma is rising, we go long. When wma is falling we go short.
Take profit for Long/Short and Stop Loss for Long/Short are calculated percentages so 0.05 = 5% etc.
Also, Take profit / Stop loss are calculated on the base symbol not the chart's symbol.
The script uses the Monthly Returns table slightly modified to include buy & hold returns. Credits to @QuantNomad
JC blended MAs v3The best, simplest moving averages you'll find.
Well not really. But it does have SMA, WMA, and EMA in one place. Plus an additional one that averages those, that might give you a leg up because it's not really a standard thing and you won't create a massive worldwide machine-driven feedback loop that crashes the markets (instead profit from them). Or something like that.
Each moving average has their own definable averaging length.
The master time resolution is also definable, or you can use the chart's. (The latter which is not very useful for moving averages, yet so many of them on trading view don't let you specify otherwise.)
For example you can set the master resolution to 5 minutes, 1 hour, 1 day, etc. (Default is 1 hour.) The graphs don't change, only the resolution.
Note: There are a few rare, extreme edge cases where the graphs won't render, which are obvious. In which case all you need to do is choose a more sane resolution. This is more about the limits of Trading View than specific script bugs.
Cloud Ribbon ++ by [JohnnySnow]Inspired by my favorite EMA ribbon - "EMA Ribbon " by fskrypt.
This Ribbon ADD the option to choose the avarage algorithm of the ribbon .
Created also to be more friendly to read along with trendlines and Fibonacci retracements.
For those like me that NOT use this ribbon to find exact price action but instead, to have a grasp of possible Support/Resistance strenght ahead.
High transparency lines and a configurable color palette for filling the background give the ribbon a look of support/ Resistance cloud Strenght.
Each MA length, line, and background color can be easily configured.
Arch1tect's New Toy (Strategy Tester Version)Description:
The version of Arch1tect's New Toy indicator with Strategy Tester added.
This indicator tries to predict market trends by simply utilising 2 moving averages crossovers.
How it works:
Buy signals are triggered when the faster MA crosses over the slower MA from the downside to the upside.
Sell signals are triggered when the faster MA crosses under the slower MA from the upside to the downside.
How to use:
Take buys when buy signal is triggered AND close existing sell position
Take sells when sell signal is triggered AND close existing buy position
Note:
Settings are optimised for XAUUSD on the M1 chart.
Extra:
Alerts are included.
You can toggle between EMA, WMA and SMA to your liking.
Indicator version:
Inverse Fisher Transform on Williams %RInverse Fisher Transform On Williams %R
Since Williams R indicator produces negative values, I preferred to add 50 instead of subtracting 50.
It produces values between 0.5 and -0.5.
Generates clear buy and sell signals.
Williams %R determines overbought and oversold levels.
You can see more softly.
Dr.Om's SuperTrend IndicatorRiding along the Super Trend -
Super Trend Bullish candle (STBullCandle) is a candle where low is lower than supertrend and close is greater than super trend.
Conditions for going Long -
1. High of current candle should be higher than high of STBullCandle.
2. We can consider 1 or 2 candles after the STBullCandle for this condition.
3. If filterRsi is enabled, then we make an additional check of RSI being greater than the weighted moving average.
4. Should not be holding an existing long position
5. SuperTrend should be positive
Super Trend Bearish candle (STBearCandle) is a candle where high is higher than supertrend and close is lower than super trend.
Conditions for going Short -
1. Low of current candle should be lower than low of STBullCandle.
2. We can consider 1 or 2 candles after the STBearCandle for this condition.
3. If filterRsi is enabled, then we make an additional check of RSI being lower than the weighted moving average.
4. Should not be holding an existing short position
5. SuperTrend should be negative.
If holding long, EXIT LONG Position Criteria -
1. SL would be if close is lesser than the ST candle low
2. Direction of ST becomes Negative
3. If Reward to Risk ratio is given, then exit if target is achieved.
If holding short, EXIT SHORT Position Criteria -
1. SL would be if close is higher than the ST candle high
2. Direction of ST becomes +ve
3. If Reward to Risk ratio is given, then exit if target is achieved.
MA CloudMA Cloud - a highly configurable cloud for Moving Averages
Creates a cloud from max. 5 Moving Averages.
Users can freely decide, for each average wether it should be SMA,EMA or WMA and also for the time period.
They shades and colors can be freely chose for each combination of MA's, giving you a maximum freedom to configure your cloud.
Stochastic RSI + WMA + SMA strat// "...an entry signal it's a cross down or up on
// the stochastics. if you're in a downtrend
// on the hourly time frame you
// must also be in a downtrend on the five
// minute so the five period has to be below the 144
// as long as the five period is still trading below
// the 144 period on both the hourly and the five minutes
// we are looking for these short signals crosses down
// in the overbought region of the stochastic. Viceversa for longs"
// Works well with a wide stop with 20 bars lookback
// for the SL level and a 2:1 reward ratio Take Profit .
// These parameters can be modified in the Inputs section of the strategy panel.
Ultimate Moving Average [CC+RedK]The Ultimate Moving Average was created by myself and @RedKTrader and I can proudly say that this is the holy grail of moving averages. Not only does this moving average react to the current price trends like a normal moving average but we have also included the ability to react to volume, momentum, and volatility. The only thing this moving average can't do is wash your car.
The Ultimate Moving Average doesn't even use a set length so it is fully adaptable to any type of market whether it is choppy or trending. It tightens during volatile markets and loosens during choppy markets. I have included 3 of the main moving averages of a fixed length of 20 days to show you just how much better our moving average is.
The overall concept of this moving average was to fully adapt to any and all changes of the underlying stock. We used my Variable Power Weighted Moving Average as a base and changed the script to adapt to momentum instead. The idea behind this was when momentum reaches an extreme in either direction we tighten the moving average to be able to react accordingly. We then used the idea behind my Variable Length Moving Average to be able to react to volatility and make the length itself into a separate variable.
All of this work combined to create the most reactive moving average out there and I guarantee you will be using this in your daily trading! Let me know if there are any other scripts you would like to see me publish.
4 MA Strategy + Position Management// This is a simple crossover Moving Average strategy, good for long term crypto trades.
// It buys when the MA "X" crosses up the MA "Y", viceversa for shorts.
// Both MAs are selectable from the Inputs section in the front panel.
// There is also a Position Management option thats
// sizes positions to have the same USD risk (using leverage) on each trade,
// based on the percentage distance to the stop loss level.
// If you turn this option on you will see how the profit
// grows exponentially while the drawdown percentage almost remains the same.
Ehlers Distance Coefficient Filter [CC]The Distance Coefficient Filter was created by John Ehlers and this is one of his more unknown moving averages. It works well because in an uptrend or downtrend it behaves more like a trailing stop system but it also deals with issues like pullbacks pretty quickly. I think it works well with the default values but let me know if you find a more profitable system. Buy when the indicator turns green and sell when it turns red.
Let me know if there are any other indicators you would like to see me publish!
5MA_X_LThis is a 5 day moving average crossing long strategy in 10 min. chart, used in short term momentum trading strategy.
Momentum trading Strategy: When S&P 500 index is at up trend (or above 60 sma ), buy 10+ stocks in top 20% stock RS ranking at equal weight using this MA5X_L strategy. Change stocks when any stock exited by algorithm.
Back test start since 2020/7/1, each long entry for condition 1 is $30000, condition 2 is $20000, with max of 2 long positions.
Setup: 10 minutes chart
Buy condition 1) 3 wma cross up 195 wma (5day) 2) 3wma > 78wma > 195wma UP Trend Arrangement (UTA)
Exit condition 1) 3 wma cross under 195 wma 2) position profit > 20% and 3 wma cross under 6 ATRs line (green)
