BEST Dollar Cost AverageHello traders
This is an upgraded version of my Dollar Cost Average (Data Window) script
1 - What is Dollar-Cost Averaging ( DCA )?
Dollar-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of investment at regular intervals. The purchases occur regardless of the asset's price.
I hope you're hungry because that one is a biggie and gave me a few headaches. Happy that it's getting out of my way finally and I can offer it
🔸 This indicator will analyze for the defined date range, how a dollar-cost average ( DCA ) method would have performed (green panel) versus investing all the hard earnt money at the beginning (orange panel)
=> green versus orange
2- What's on the menu today?
My indicator works with all asset classes and with the daily/weekly/monthly inputs.
⚠️⚠️⚠️ However, results are only visible on the DAILY timeframe chart
As always, let's review quickly the different fields so that you'll understand how to use it (and I won't get spammed with questions in DM ^^)
🔸 Use current resolution: if checked will use the resolution of the chart
🔸 The timeframe used for DCA: different timeframe to be used if Use current resolution is unchecked
🔸 Amount invested in your local currency: The amount in Fiat money that will be invested at each period selected above
🔸 Starting Date
🔸 Ending Date
🔹 The script screenshot shows a DCA with 100 USD invested daily from 01.01.2017 to 01.28.2020
3- Bonus (DATA WINDOW)
🔸 Please check this screenshot to understand what you're supposed to see: Data window
And a quick video that I did months ago explaining how we can use this data window effectively
4 - Specifications used
I got the idea from this website dcabtc.com and the result shown by this website and my indicator are very interesting in general and for your own trading
The formula used for the DCA calculation is the one from the Investopedia website.
Best regards and best of luck
Dave
Alerts
Linear Regression - Auto Adjust To Ideal Pearson's R (Min & Max)This is meant as a partner to my linear regression strategy script. This one however is just the indicator only so you can overlay the technique over other strategies.
To use this script you need to understand what Pearson's R is; which is how correlated a set of data is to a line within a given deviation (+ or -).
If the Pearson's R is negative (-) then the trend is going upwards. If the value is positive (+) then the trend is going downwards.
There is a lot of debate as to what the ideal negative and positive values are for the Pearson's R, so you can change these in the settings. What the script will do is attempt to automatically find (and draw the trend lines) based on a given minimum period and a maximum period (both set in the settings) that match the ideal Pearson's R settings selected.
Ideally the data is MOST correlated the closest it is to -1 or 1. This means the pattern is very reliable.
This script was designed and works very well with the bar replay mode. You may need a more professional version of TradingView to use this correctly. This mode allows you to see the script in action as it mutates and changes according to the new data being introduced.
I've pre-set the Pearson's R (+) and (-) ranges to what I think is ideal.
CryptoSignalScanner - Stochastic Trend IndicatorDESCRIPTION:
This script has been designed to provide the ideal buy and sell moment on the lower time frames.
• This scripts is based on the Stochastic RSI Indicator.
• When we are in an uptrend the background becomes green.
• When we are in a downtrend the background becomes red.
• It is also possibility to set the overbought and oversold range.
HOW TO USE:
• When the blue line (stochastic K) has crossed above the red line (stochastic D) in the oversold area then this is the ideal moment to get into a trade.
• When the blue line (stochastic K) has crossed below the red line (stochastic D) in the overbought area then this is the ideal moment to get out of a trade.
• Use this together with the CryptoSignalScanner - Advanced BUY/SELL indicator to get a stronger confirmation.
• Use the Fibonacci tool together with the Eliot Waves to help you to find the ideal buy or sell moment.
HOW TO GET ACCESS TO THE SCRIPT:
• Use the link below to subscribe to our indicators.
REMARKS:
• This advice is NOT financial advice.
• We do not provide personal investment advice and we are not a qualified licensed investment advisor.
• All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
• We will not and cannot be held liable for any actions you take as a result of anything you read here.
• We only provide this information to help you make a better decision.
• While the information provided is believed to be accurate, it may include errors or inaccuracies.
Good Luck,
The CryptoSignalScanner Team
Madmex Trading Suite + FiltersA goodie for my trading groups and friends. A suite of different MAs with Filters with multiple Long/Short Alerts, works as well for pyramiding.
Using fixed TP/SL is advised. I might add TP/SL Alerts later on...
Good luck!
Feedback is appreciated!
Simple Reversal PointThis indicator finds possible points of reversion, you can use it to stack positions and get a good average price for when the price changes direction, it is the trader responsibility to manage the position and make a profit.
-Added alerts
Acceleration/Deceleration with alerts (Hendo@4C)My variation of the Acceleration/Deceleration by Bill Williams. I found the existing variations of this indicator on TradingView severely lacking in terms of options. Credits go to a close friend who recommended writing this.
NOTE: The setting called: "Invert acceleration dots", can make gauging tops and bottoms "earlier" easier. Due to the nature of this indicator and the fact that you can set alerts on deceleration.
//Overview of settings//
“Plot tops and bottoms” default: True
An option to enable plotting shapes when a top or bottom is printed. I use a non conventional way to detect tops and bottoms. This secures false signals. Alerts can be added to this.
“Fill background” default: True
Fills the background between the A/D and the 0 line.
“Source for A/D” default: (high+low)/2
This is the source for calculation of the indicator. Bill Williams himself describes using the “HL2” and this is what the default value is. Potentially once could experiment with “HLC3” (high+low+close)/3. Since this is also a popular way of using this indicator.
“Length of F-SMA” default: 5
The length of the fast simple moving average that the indicator uses. Again: The default is 5 but one could experiment with higher/lower values to change the reaction time of the indicator.
“Length of S-SMA” default: 34
The lenght of the slow simple moving average that the indicator uses. The default by Bill Williams here is 34. One could experiment with higher values to reduce noise.
“Activate less noise mode” default: False
Uses a proprietary way of averaging values in price. This creates an entirely new indicator in itself. Can be very useful for trading the lower timeframes. It is however advised to understand that enabling this settings will not make the indicator the “standard A/D // AC” anymore.
“Plot alert levels” default: False
This setting allows you to plot extra levels at certain values (just like the RSI for example). Keep in mind however that you need to manually adjust the values to fit the instrument you’re trading. Of course you can set alerts to these levels. Be careful enabling this: Since it might pull the chart out of proper scaling.
“Value of +Line plot” default: 25”
Sets the level of the first “alert level” described earlier. I picked 25 as an example for Bitcoin. Be careful setting these levels: Since it might pull the chart out of proper scaling.
“Value of -Line plot” default: -25”
Sets the level of the second “alert level” described earlier. I picked -25 as an example for Bitcoin. Be careful setting these levels: Since it might pull the chart out of proper scaling.
“Fill background between lines” default: False
Enabling this will fill the background between the previously discussed +Line plot and the -Line plot. Again: Much like RSI.
“Color background if 0 is crossed” default: True
Colors the background of the indicator everytime the 0 line is crossed. Of course alerts can be set up in order to push an alert every time this happens. The default color for this is “Fuchsia”. Because it contrasts well.
“Show visual accel/decel” default: True
Uses a few simple mathematical functions in order to calculate if the A/D is accelerating or decelerating. If enabled it will plot dots when the A/D is accelerating up or accelerating down: Meaning: When the change is more rapid than the previous change (hence acceleration).
"Invert acceleration dots" default: False
Changes the previous function mentioned: Let’s say you don’t want to know acceleration but you want to know the the A/D is decelerating (meaning: The change is less rapid than the previous change). You can enable this setting. If you enable this it will plot dots on the A/D when we’re decelerating instead of accelerating. (hence deceleration).
"Color entire background of A/D" default: False
In case you desire to plot the entire background of the indicator you can enable this setting. Might make it a little bit more easy to spot changes in the A/D (especially when using multiple indicators).
That’s all in terms of settings. Most of these settings also describe the use case.
The use case as described by TradingView is the following:
“The Accelerator Oscillator (AC) is an indicator developed by Bill Williams that helps traders gauge changes in momentum. It is based on the Awesome Oscillator (AO) and measures the difference between that indicator and its 5-period moving average, effectively showing how quickly the AO changes and predicting what it will do next. If the AC is in positive territory, the upward acceleration is likely to continue. If the AC is in negative territory, the downward acceleration is likely to continue. The bars in the histogram have 2 colors: red indicating a fall in price and green indicating a rise in price. Various specific buy and sell signals can be derived from the color of the bars and whether they are above or below the 0-line.”
I’ve decided to add any alert I could think of: Meaning there are in total 22 customizable alerts to set up when using this indicator. If you have any conditions that I forgot to add feel free to leave a comment.
Trailing Stop Loss ATR + AlertI share this TSL indicator with alert (I use it only for Stocks), the configuration is very simple, you must select if it is a Short or Long operation, time at which the operation was opened,% of the daily ATR for TSL. It also contains:
- Alert
- Panel Info
Study for Squeeze Momentum Indicator [LazyBear]This study is based on LazyBear Squeeze Momentum Indicator and my strategy developed using it.
I added some custom feature and filters.
Main improvements are:
1- study is updated to version 4 of pine script;
2- I added alerts for entry rules and exit rules.
3- Alert syntax can be customized for webhooks: I added one example only for long entry.
You can customize a lot of features to get a profitable strategy.
Here is a link to original study.
Please use comment section for any feedback.
Simple EMA CrossQuick script I put together to complete the following:
---
- Simple EMA with the option to either display both or consolidate them as one
- Single EMA will change color based on a cross of the two EMA values entered
- Programmed alerts for bullish/bearish crossover
Enjoy!
Keltner Channel Alerts [QuantNomad]This is a script with alerts for standard Keltner Channer Strategy you can find in TradingView.
Use "Once Per Bar" option when creating alerts.
Parabolic trend scalperThis is based on a well known 5 min forex scalping strategy that analyses the general trend and goes long/short in that direction. Trades are filtered against a number of fundamentals to minimise the chances of weak signals.
Dark green = Upward trend
Light green = Long signal
Dark red = Downward trend
Light red = Short signal
Alerts are built in and should be set to 'once per candle' if trading with a bot. Ensure that your setup ignores alerts for positions already open in the same direction.
BEST Algorithm Builder FOREXHello traders 👋
I. 💎 SCRIPTS ACCESS AND TRIALS 💎
1. Every trial request access has to be done through my website.
2. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here: Daveatt
3. Many video tutorials explaining clearly how all our indicators work are available on our website > guides section and also on Discord + Youtube
4. You may also contact me directly for more information regarding the trading method included in the indicator or how to access it
II. Forewords
This indicator is for the Intraday FOREX traders looking for fixed entries based on our proprietary trading method.
We've been working on it for months and releasing now for our subscribers.
We designed this framework for FOREX major/minor/exotic pairs.
III. Optimized system for lowering risk/capturing most of the opportunities
We worked hard on reducing the risk as much as we could.
The built-in hard-exit (also called invalidation) system does a huge job in exiting a position way before a Stop Loss will get hit
EUR/USD
USD/CAD
IV. Trade Manager and compatible with dynamic alerts
It includes :
- our proprietary method with fixed entries
- a hard exit system (built-in stop-loss)
- multiple options for user-defined stop-loss/take-profit settings (price value, distance in pips, percentage, trailing, ...)
- 🔔 Compatible with dynamic alerts 🔔
Dynamic alerts are bringing automated trading to a whole new level. The third-party solutions capturing TradingView alerts are able to use them.
- Algorithmic Supports and Resistances used as safeguards and take profit zones
Final words
We made it as simple as we could (to be honest it's a very simple system for the end-user) - even with several hundreds of calculations in the indicator.
Please hit me up for any questions/feedbacks/comments
Become the BEST trader you deserve to be
Dave
[SignalFI] Simple MA X [3 Stage]Welcome!
This strategy recently came up as a way to stage entries when using simple moving averages for trading on high time-frames.
The goal of this script is to provide early warning for Simple Moving Average (SMA) crosses.
Three events are taken in account:
1) Close crossing above or below the "Fast" SMA
2) Close crossing above or below the "Slow" SMA
3) "Fast" SMA crossing above or below the "Slow" SMA
In this way, you will receive early warning of the main SMA crosses as price rises above or falls below each of the SMAs defined.
The script is fully alertable on each of the defined crosses:
1) Early Bull/Bear = Close crossing above or below the "Fast" SMA
2) Mild Bull/Bear = Close crossing above or below the "Slow" SMA
3) Bull/Bear MA = "Fast" SMA crossing above or below the "Slow" SMA
The idea is that you can split your order entry/exit conditions into stages, during bull markets taking a (example) 33% position when the Early Bull alert fires, 33% at Mild Bull, and the last 33% at Bull MA alerts. Reversing the process when exiting in order to reduce the lagging nature of the standard SMA cross strategy.
Ichimoku Kinko Hyo Cloud - no offset - no repaint - strategyIchimoku Kinko Hyo Cloud - no offset - no repaint - RSI filter - strategy
The indicator contains both the standard Ichimoku Cloud , as well as the one without the visual offset.
The Strategy Tester indicates good backtest results when the Ichimoku Cloud is paired with the RSI .
However, it seems it likes to work more as a standalone system.
The indicator can be easily converted to the study() mode by commenting/uncommenting a few lines,
then the alarms can be configured.
There are entry and exit signals ready to be used by the alert system.
The coloring of the cloud without offset contains all 3 conditions: Uptrend , Downtrend , Transition .
BEST Long Term Levels Breakout ScreenerHello traders
Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke)
We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - Long Terms concept
I had the idea from @scarff.
I think it's genius and I use this long terms level in my trading across all assets.
The screener, in particular, analyzes whenever the price breaks out a weekly/monthly/quarterly/yearly level on candle close .
Triggering events on candle close = we get rid of the REPAINTING = we remove the fake signals (in that case the fake breakouts).
The candle close is based on the close of the current chart => if the chart displays candlesticks on the weekly timeframe, then the considered close will be the weekly close.
If in daily timeframe, the close will be .............................. 4h (#wrong)..... kidding :) .............. DAILY obviously
II - How did I set the screener
The visual signals are as follow:
- square: breakout of a high/low weekly level
- circle: breakout of a high/low monthly level
- diamond: breakout of a high/low quarterly level
- flag: breakout of a high/low yearly level
- dash: none of the above
Then the colors are:
- green when bullish
- red when bearish
- orange/dash when none of the above
Cool Hacks
"But sir... what can we do with only 3 instruments for a screener?" I agree not much but...
As said previously... you can add multiple times the same indicator on a chart :)
Wishing you all the BEST trading and.... wait for it... BEST weekend
Dave
BEST Cloud ALL MAHello traders
Hope you're all doing well
This script is a generic cloud generator using a pre-selected set of moving averages (I probably forgot a lot but listed all the ones I used at least once).
A cloud is a visual representation of the gap between two moving averages - it shows right away how big in that gap (=how far they are from each other)
The challenge is to find a cloud such as the price often stay stuck between those 2 MA - and when it's getting finally out (up or down), it would be strong enough to signal a beginning of a trend.
This is a cool intellectual challenge for all aspiring traders
For that script, I defined a trend according to how the 2 MAs are located relative to each other (MA1 > MA2 or MA1 < MA2) and if the price gets out of the cloud.
You'll get :
- the option to color the candles based on a trend
- cool triangles entry signals
- and alerts on those triangles
All the BEST
Dave
BEST Ultimate Engulfing ScreenerHello traders
Continuing deeper and stronger with the screeners serie. I keep getting requests private messages and requests saying that screeners aren't possible with TradingView.
My answer is always... "Reallyyy ??" (I never find a better answer than that...)
I'll publish a few screeners just for everyone to understand what can be done with Pinescript. We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - What is an engulfing pattern
Let's start with a screener to check for a very famous candlestick pattern called engulfing
Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle ‘engulfing’ the entire body of the candle before it.
The engulfing candle can be bullish or bearish depending on where it forms in relation to the existing trend
Source and more info here
These engulfing candles indicate a strong shift in direction, and when combined with observation of the price-trending direction that precedes it, this shift creates the opportunity for a trading strategy.
II - How did I set the screener
I added an optional filter being Price vs SMA. The idea is to select only the engulfing whenever the price also breaks an SMA - this usually translates a stronger move - but could sometimes give the signal too late (#meh #trading #ain't #easy)
The visual signals are as follow:
- square: whenever the engine detects an engulfing and an SMA breakout
- triangle: the engine only detects an engulfing
- dash: none of the above
Then the colors are:
- orange when bullish
- yellow when bearish
- aqua/dash when none of the above
Cool Hacks
"But sir... what can we do with only 5 instruments for a screener?" I agree not much but...
even if I allow only 5 instruments per indicator - nothing prevents you from adding multiple times the same indicator and changing the selected instruments for each. I also show why the SPX500 gave a yellow triangle (bearish engulfing) and how to match it with the screener.
=> imgur.com
Wishing you all the BEST trading
Dave
Impulse Scalper [NXT2017] - with included market scannerPrivate Indicator.
HI BIG PLAYERS,
with this indicator it is possible to analyze small rebound effects in the trading market and to scalp the movement into the trend again.
HOW IT WORKS
Hereby the indicator use a candleformation with a huge wick inside of a band, based on a Simple Moving Average on the 50 highs and 50 lows.
A signal is shown with vertical red/green background around the bar for selling/buying. Furthermore, the high/low of the signal serves as StopLoss line and makes a horizontal red line inside the active trading time. The trade is to closing if the second candle after the signal is finished.
For example:
1. candle => signal
2. candle => entry on open price with the SL
3. candle => nothing to do
4. candle => close your trade after candle 3 is finished
For the analysis I have set the following settings:
Initial Capital: 100 000 (the default setting)
Base Currency: USD
OrderSize: 3% of equity
Pyramiding: 1 orders
Commission 0%
Verify Price For Limit Orders: 0 ticks
Slippage 0 ticks
Recalculate:
After Order is Filled (deactived)
On Every Tick (deactived)
A market scanner is also integrated in this indicator. Since good signals rarely occur in a market, the market scanner allows up to 10 markets to browse for the signals simultaneously. My favorite markets are currently selected as default.
The 10 default markets are:
AUDJPY
BTCEUR
BTCUSD
ETHBTC
ETHUSD
EURJPY
GBPNZD
NZDUSD
USDCAD
USDJPY
Market Scanner in action (in the settings you can also hide the labels):
Of course, alerts are also possible with the TradingView Alerts system. For example it's possible to get a message per signal to your e-mail, that you use on TradingView.
Access to the indicator: use the link below, thanks for your attention!
Kind regards
NXT2017
CYBER ENSEMBLE {PREVIEW}This is the PREVIEW version of CYBER ENSEMBLE
The subscription based PREMIUM version is found here:
Please PM me for access information.
Signals for the last 5 days are disabled.
Signal Alerts are disabled.
===============
CYBER ENSEMBLE is a sophisticated signalling script base on the interplay of an ensemble of optimized indicators and market state filters.
(>1000 lines of code)
Users are advised to manually back-test and optimize the settings for a particular chart and time frame, before proceeding with its use.
The algorithms will be periodically updated to further optimize and improve their performances, and new algorithms may be tested and added in the future.
Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment/trade decisions.
CYBER ENSEMBLE {PREMIUM}CYBER ENSEMBLE is a sophisticated signalling script base on the interplay of an ensemble of optimized indicators and market state filters.
(>1000 lines of code)
Users are advised to manually back-test and optimize the settings for a particular chart and time frame, before proceeding with its use.
The algorithms will be periodically updated to further optimize and improve their performances, and new algorithms may be tested and added in the future.
Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment/trade decisions.
Please PM me for access information.
Rhaps SMAEMA Combo v1.1There's many versions of this sort of thing around the Tradingview library, but i guess we all like things to our own specifications.
So this is my take on the SMA and EMA version combined.
Bunch of SMA's & EMA's, with labels, and G&D Cross Labels and Alerts.
These values can of course be changed to any you may prefer.
Rhapsodyy's Combo SMAEMA's v1.1
SMA's with Painted Labels : 10/30/50/80/200
EMA's with Painted Labels : 21/50/89/200/377
50SMA / 200SMA Golden & Death Crosses on Current Timeframe & Alerts
Daily 50SMA / 200SMA Golden & Death Crosses overlayed onto Current Timeframe & Alerts
50EMA / 200EMA Golden & Death Crosses on Current Timeframe & Alerts
Daily 50EMA / 200EMA Golden & Death Crosses overlayed onto Current Timeframe & Alerts