Bollinger Bands on MacdOnly longs when Macd line is above Bollinger Band and shorts when Macd line is above Bollinger Band, this will avoid many problems.
thumbs up!!!
Buy
Climatic Volume X- Climate volume detection
- Relative volume value in bar
- Automatic zone generation (possibility of configuration)
- Additional features
¡¡¡Thumbs up¡¡¡
Elephant Bar by Oliver VelezThis script detects an event created by Oliver Velez, basically it is a wide-range candle, its range is noticeably larger than the previous candles, this event indicates a possible continuation of the movement, or the beginning of an extended movement. The candle has to be of good body, as a rule it can be taken that the body must be more than 70%. The stop goes below the minimum of the candle and the signal is given when the next candle followed by the elephant candle exceeds its body, this condition is not programmed so that the alert indicates that an elephant candle was generated and the trader has some time to visualize the graph and wait for the signal. Example below:
NOTE: IT IS VERY IMPORTANT THAT THE TRADER ANALYZE THE CONTEXT OF THE MARKET WHERE THE ELEPHANT BAR IS GENERATED AND DETERMINE ACCORDING TO ITS EXPERIENCE IF THE EVENT HAS A GOOD PROBABILITY OF PROJECTION, YOU MUST NOT TAKE AN ENTRY ONLY BY THIS EVENT, IF YOU DO YOU WILL LOSE ALL YOUR MONEY
.
One of the problems of the elephant bar is that it generates a fairly wide risk unit with respect to other narrow range events, so the risk / benefit ratio is not very large, but it is an event that deserves attention when it occurs in a good location since it generally generates continuation.
If you want to have a lower risk unit and improve the risk / benefit ratio, you can play the “Gift Zone”, when detecting an elephant bar you can wait for a step back inside the elephant bar area and take a position, this will give you a less distance to the stop, but this can lead to the event escaping if there is no recoil.
- The size of the candle is determined by comparing a range of previous candles (you can set the amount at your discretion)
- Search factor: by default 1.3, this means that all bars that have a range greater than the average range of previous candles + 30%, are considered elephant candles (can be configured at your discretion)
- Possibility to configure the percentage of the body that the elephant candle must have.
- Possibility of filtering up to 2 means with direction detection and color change (fully configurable)
- Possibility of filtering by mobile averages
- Alerts
- Additional features
Thumb up if you liked me ..
MFI/RSIThis is a simple study that combines MFI and RSI and provides buy/sell alerts.
The red lines are MFI.
the blue lines are RSI.
Boundries are colored as the indicators and are user configurable.
Black triabgles are buy/sell points when both MFI and RSI are overbought/sold.
Market Thrust IndicatorThe Market Thrust indicator is a powerful measure of the stock market's internal strength or weakness. There are four components to this indicator:
1-Advancing Issues on the New York Stock Exchange (NYSE) – $ADV
2-Advancing Volume on the NYSE – $UVOL
3-Declining Issues on the NYSE – $DECL
4-Declining Volume on the NYSE – $DVOL
The formula for Market Thrust is given below:
($ADV x $UVOL)-($DECL x $DVOL)
When used for day-trading, the trend of the Market Thrust indicator is what is most important.
Rising Market Thrust Indicator: Considered a bullish sign; can act as a confirmation signal when combined with a rising stock, index ETF, or stock index future's price.
Falling Market Thrust Indicator: Considered a bearish sign; can act as a confirmation signal of a decreasing market price.
The Market Thrust indicator could be used for detecting divergences in trends. Divergences occur when:
- Price is trending higher, but the Market Thrust indicator is not moving higher or is even going down.
- Price is trending lower, however, the Market Thrust technical analysis tool is not trending lower, it is either not trending or is trending higher.
Add a fully configurable trend line over MTI.
Read more at: commodity.com
Leledc Exhaustion Bar V4 PLUSLeledc Exhaustion Bar indicator created by glaz converted to Pine 4, plotshape was added.
Double MACD Buy and SellIndicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube:
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a movement)
- Choppines zone configurable (detects if the market is stable or not)
Visualization of entries in trend and counter-trend according to the rules described in the video.
Buy and sell alerts.
Note: I do not recommend using only this indicator as an investment strategy, it is another tool that must be complemented with a market study by the trader.
🐳 Whales 🆚 Little Fish 🐟THIS INDICATOR DETERMINES WHAT THE STRONG HANDS AND WEAK HANDS ARE DOING, BASED ON THE FAMOUS INDICATOR "KONCORDE", OBTAINED FROM THE PERCENTARY VARIATION OF THE INDICATOR IVP (POSITIVE VOLUME INDEX) AND IVN (VOLUME INDEX). ANYONE READING THE AVAILABLE DOCUMENTATION ON THESE TWO SMALL MATHEMATICAL JEWELRY WILL DISCOVER THAT THE ATTRIBUTED VOLUMES NEGOTIATED TO STRONG HANDS (IVN) OR WEAK HANDS (IVP).
NOTE: USE THIS INDICATOR ONLY IN INSTRUMENTS WITH REAL VOLUME.
Hash RibbonsBuying during Miner Capitulation yields wonderful returns.
The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.
Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.
Follow me to learn more about this indicator.
Buying Selling VolumeBuying Selling Volume
-Buy Volume
-Sell Volume
-Buy Volume Percent %
-Sell Volume Percent %
-Volume Index
-Buy Sell Volume-
BuyVolume>SellVolume=Blue barcolor
SellVolume>BuyVolume=Purple barcolor
-Volume Index-
VolumeIndex>length and close > open =Cyan barcolor
VolumeIndex>length and close < open =Gray barcolor
VolumeIndex<=length = Yellow barcolor
Buying and Selling Pressure RawBuying and Selling Pressure Raw
Raw Buying and selling pressure Indicator. The Raw buying and selling indication is provided in terms of a Columns.
Green bars above zero show the buying pressure and the red bars below the zero line show the selling pressure.
This presents a good visual representation of the dominating pressure.
Setup 9.1 by Larry Williams Setup 9.1 by Larry Williams.
The indicator will give text signal and change the color of the signal candle, being based exclusively on the setup 9.1
----------//---------------
PT-BR
Setup 9.1 do Larry Williams.
O indicador irá dar sinal de texto e alterar a cor do candle de sinal, se baseando exclusivamente no setup 9.1
Steroid RSI w/ Overbought & Oversold Alert/@version=2
//By Tantamount
//RSI with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & easily show threshold crossovers.
//RSI is used to measure the velocity and change of directional price movements. It is very useful to help determine when an asset is reaching an overbought or oversold condition.
//This RSI tool comes loaded with features and is easily configurable back to standard RSI or configure with your own preferences.
Customize to your liking:
Topo map view or standard with highlighted crossover color.
If you like this tool and would like to DONATE/TIP:
Stellar XLM address: GA5XIGA5C7QTPTWXQHY6MCJRMTRZDOSHR6EFIBNDQTCQHG262N4GGKTM
Bitcoin BTC address: 3QwPUnZvAKBXBMU7WMckNgDyfv6PApYduA
Multi-TF Avg BBandsMULTI-TF AVERAGE BBANDS - with signals (BETA)
Overall, it shows where the price has support and resistance, when it's breaking through, and when its relatively low/high based on the magic of standard deviation.
created by gamazama. send me a shout if u find this useful, or if you create something cool with it.
%BB: The price's position in the boilinger band is converted to a range from 0-1. The midpoint is at 0.5
Description of parameters
"BB:Window Length" is the standard BB size of 20 candles.
The indicator plots up to 7 different %BB's on different timescales
They are calculated independently of the timescale you are viewing eg 12h, 3d, 30m will be the same output
You can enter 7 timescales, eg. if you want to plot a range of bbands of the 12h up to 3d graphs, enter values between 0.5 and 3 (days) - you can also select 0 to disable and use less timescales, or select hours or minutes
Take note if you eg. double the main multiplier to 40, it is the same as doubling all your timescales
You can turn the transparency of the 7 x %BB's to 100 to hide them, their average is plotted as a thick cyan line
"Variance" is a measure of how much the 7 BB's agree, and changes colour based on the thresholds used for the strategy
---- TO START FROM SCRATCH ----
- set all except one to ZERO (0), set to 0, and everything after to 0.
Turn ON and right click -> move the indicator to a new pane - this will show you the internal workings of the indicator.
Then there is a few standard settings
"Source Smoothing Amount" applies a basic small sma on the price.
It should be turned down when viewing candles with less information, like 1D or more.
Standard BBands use an SMA, there one uses a blend between VWMA or SMA
Volume Weight settings, the same as SMA at 0, and the same as VWMA at 1
BB^2 is a bband drawn around the average %BB. Adjust the to change its window length
The BB^2 changes color when price moves up or down
Now its time to look at the parameters which affect the buy/sell signals
turn on "show signal range" - you see some red lines
buy and sell each have 4 settings
min/max variance will affect the brigtness of the signal range
range adjust will move the range up/down
mix BB^2 blends between a straight line (0) and BB^2's top or bottom (1)
a threshold of "variance" and "h/l points" is available to generate weaker signals.
these thresholds can be increased to show more weak signals
ONCE YOU ARE HAPPY WITH THE SIGNALS being generated, you can turn OFF , and move it back to the price pane
the indicator then draws a bband around the price to maps some info into the chart:
fills a colour between 0.5 & the mid BB^2 and converts relative to the price chart
draws a line in the middle of the midband.
controls how much these lines diverge from the price - adjust it to reduce noise
converts the signal range (red lines) to be relative to the price chart
if you like, you can adjust the sell & buy signals in the tab from and to and to match the picture. It messes with auto-scaling when moving back to though
enjoy, I hope that is easy enough to understand, still trying to make this more user-friendly.
If you want to send me some token of appreciation - btc: 33c2oiCW8Fnsy41Y8z2jAPzY8trnqr5cFu
I promise it will put a fat smile on my face
~RMCF~ RSI and MACD Reversal SignalFor AkibaDeep. Checks if RSI < 30 recently and if MACD diverges, placing a buy signal. Then, places a sell signal when MACD converges back.
Sell / Buy RatesThis script finds sell / buy rates and adds its linear regression to the chart. its aim is finding buying and selling power, then you can try to find trend reversals. Also you can find divergences, it's very important signal for trend reversal.
Linear regression is a basic and commonly used type of predictive analysis.
if you choose lower periods then it will be more sensitive. I choose 34 as it's one of fibonnaci number.
If you find my works useful, please consider a donation
BTC: 16XRqyS3Vgh1knAU1tCcruqhUrVm4QWWmR
The Grement - Low Time Frame Scalping (M15-M30)The Grement - Low Time Frame Scalping (M15-M30)
This is how it's work :
You need to put your candle on HEIKIN ASHI STYLE (Lower Noise, Clear Detail of Situation) *Important*
Light Blue Zone : Buy Zone (Long)
Blue Zone : Buy Zone Definetly
Dark Blue Zone : Prepare to Sell (Short)
Black Zone : Sell Zone (Short) (Wait for Next Buy Zone)
The Two Black Lines Cross Meaning Last Call Before Move. (Confirmation of Zone & Move)
Power Fractals Open Source I decided to make my power fractals indicator open source.
(/script/el8MaHcq-Power-Fractals/)
Feel free to use/change/improve.
Steroid CCI w/ Overbought & Oversold Alert//@version=2
//By Tantamount
//Channel Commodity Index (CCI) with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & show minute threshold crosses.
//CCI is a momentum based technical trading tool used to help determine when an asset is reaching an overbought or oversold condition and is an great alternative to RSI.
//This CCI tool comes loaded with features and is easily configurable back to standard CCI or with your own preferences.
Customize to your liking:
Simple alert signals
The full enchilada, with Topo map view!
Stand alone CCI oscillator
Buying with momentumThis is a beginner script, any feedback is welcome.
It indicates a bull trend with or without volume (yellow and green arrow) and give a buy signal (green flag) once the trend is "confirmed" and the stock became good for the buy market.
I look forward to make this for a bear market as well, but it's not good for now.
Symbols and its meanings:
Yellow Arrows --> When the EMA of 9 candles and the MA of 21 candles are higher then the previous candle.
Green Arrows --> When the EMA of 9 candles and the MA of 21 candles are higher then the previous candle and the volume is higher than the MA of 21 candles.
Green Flag --> The previous candles has a green arrow and the running candle reaches the previous candle high + 1 point/cent.
LongSetups with Entry Signals and Trailing Stop(HA)High probable Long Setups for any time frame and asset.
75+ win rate
Trailing stop always used as exit point
To trade only with the trand - enable MAs in the Inputs tab
x - means Entry signal is active and waiting for long validation
B - on a closed bar is entry signal for long
C - on a developing bar is exit long signal
Green line - long validation line. must close above to go long
Pink line - trailing stop
On Long Entry alert - use Once Per Bar Close option.
On Long Exit alert (Trailing stop triggered) - use Once Per Bar option to trigger sooner and protect your capital.
Always do your own analysis and make trades on your own risk. Find a confluence point where everything aligns and make your own decision. Don't enter a trade because the indicator tells you so. You are free to make a copy of the script and change it to your own needs for your own personal use.
