Schaff Trend CycleWhat is STC?
This is an open source indicator but I added a few improvements to its code and a more friendly UI.
The STC indicator is a forward-looking, leading indicator, that generates faster, more accurate signals than earlier indicators, such as the MACD because it considers both time (cycles) and moving averages. Like any chart indicator, the tool is best used with other forms of analysis and its performance will surely vary as market conditions change.
Know more about STC here: Investopedia .
How to Read STC :
1. Main use
--look if momentum is bullish or bearish
--Bullish = Above 75
--Bearish = Below 25
--Neutral = negligible movement inside here
2. If flat at extremes (100 and 0), it means that the momentum is strong
3. Pivots
--To show if there’s a shift of momentum
Access and Documentation:
Message or PM me to know how to get access.
مؤشر الزخم
Better Donchian OscillatorWhat is BDO?
- BDO is the Better Donchian Oscillator. This is a proprietary indicator which I derived from the donchian formula.
BDO usage
1. BDO is mainly used to determine overbought and oversold levels. I think it is more accurate in determing these levels than RSI or MACD.
2. It can also be used to follow major trends with a very high accuracy, although it is lagging. However, its main oscillator in the middle is still a leading indicator.
Access and Documentation:
Message or PM to know how to get access.
ZFelds Stoch Cubed³Three Stochastic Lengths combined into one unit based on the Stochastacult Strategy.
Thanks to Krown and The Caretaker for the inspiration for this indicator.
Pink = Fast Plot
Red/Orange = Medium Plot
Blue/Green = Slow Plot
Purple Zone = Bearish Control Zone
Blue Zone = Bullish Control Zone
The indicator is used in the following fashion for optimal scalping entries/exits especially.
Long Entries: Look for the fast (Pink) Plot to cross upwards through the Medium AND Slow Plots in the Bearish Control Zone (Purple Zone)
Short Entries: Look for the fast (Pink) Plot to cross DOWNWARDS through the Medium AND Slow Plots in the Bullish Control Zone (Blue Zone)
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Pink Crossing Red/Orange plots = earlier signal
Pink Crossing Blue/Green plots = later signal (often continuation signal)
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These postures can hold even more weight when aligned with divergence, horizontal levels, moving averages, Bollinger bands, etc.
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Recursive Median Oscillator by Jhon EhlersEN: Impulsive noise spikes or extreme price or volume data are not unusual in the financial markets and these extreme values can throw off your averaging calculations. Ehlers thinks, How can you set up a data filter to remove these extreme price movements? This Stocks & Commodities Contributing Editor shows you a way to handle this by using a filter that discards all data except the median value.
TR: Dürtüsel fiyat hareketleri, aşırı fiyatlamalar yada hacim artışları finansal piyasalarda olağan dışı değildir ve bu hareketler genelde ortalama hesaplarımızın savrulmasına sebep olur. Ehlers bu aşırı fiyat hareketliliklerinin neden olduğu ortalamalardaki bu savrulmanın nasıl kaldırıcağını düşünür ve medyan değer hariç tüm verileri silen bir filtre kullanarak bunu halletmenin bir yolunu bulur.
Market Waves Omega All-In-One IndicatorMarket Waves Omega Indicator consists of 5 separate indicators wrapped into one display area, which makes it easy to see all the information in one go.
Momentum waves
The main area of Market Waves Omega Indicator are the momentum waves, this shows bear and bull divergence as shown on the diagram below:
The idea here is that you are looking for a big momentum wave, followed by a smaller trigger wave. At that point, the price will move accordingly. Note the lighter blue peaks, when these light blue peaks cut in, it’s the end of that trend and the actual trigger point. The wave is not complete until the close of that candle.
The best way to use Market Waves Omega Indicator is to work on the higher time frames first, to get a bigger picture of where the market is moving. So on the daily, if it looks bullish, then you should be looking for bull triggers on the smaller time frames to trade.
VWAP
The next indicator that needs to be considered is the VWAP, shown on the diagram above in yellow. VWAP is volume-weighted average price and shows where the volume is on a positive or negative position. This is typically used by traders on the smaller time frames but gives the user an idea of where the main buyers or sellers are at that point.
RSI
Another indicator within Market Waves Omega Indicator is the RSI, which every trader uses to get an idea of whether the price is overbought or oversold:
Money Flow
The Money Flow Index (MFI) is a technical oscillator that uses price and volume for identifying overbought or oversold conditions in an asset. It can also be used to spot divergences which warn of a trend change in price:
Stoch RSI
Stochastic RSI oscillator was developed to take advantage of both momentum indicators in order to create a more sensitive indicator that is attuned to a specific security's historical performance rather than a generalized analysis of price change.
Green Dots
One of the biggest indicators use to trade off the Market Waves Omega Indicator are green dots :
The green dots are showing when the RSI is super low and therefore should spark some buying pressure due to market being oversold.
One great thing about Market Waves Omega Indicator is that all the data is in one place, and you can see a lot of information, making it easier to scroll through the different time frames at speed and understand the general market position.
Vol%MAThis study finds buying/selling opportunities on the basis of candlestick and volume percentage changes, prequalified by momentum.
Candlestick percentage changes that are equal to or greater the desired percentage with the momentum range are marked by blue diamonds.
Volume percentage changes that are equal to or greater the desired percentage with the momentum range are marked by red circles.
When candlestick and volume percentage changes aligned with user configurations are under momentum, a buy signal is triggered with BUY ASSET and a black triangle is placed at the bottom of the chart.
When candlestick and volume percentage changes aligned with user configurations are above momentum, a sell signal is triggered with SELL ASSET and a black triangle is placed at the top of the chart.
AKM MomentumAKM Momentum
Rekomendasi
FCPO
Timeframe Value LM Upper Value LM Bottom
3M 30 -30
15M 50 -50
Hull Signal and Auto Fib 30 secThis script will not be given away for free. Been months of developing and the effort is paying off.
The code uses a 40 HULL MA on the 30 second chart to identify up/down changes in trend. It ensures the equity is positive on the day to go long, or negative on the day to go short.
It draws the stop and fib lines according to the current 3 min ATR over the last 4 periods (12 minutes) : x1 x2 x3 x4 x6
Candles are highlighted upon entries. Grid begins.
Code resets upon one of the following:
- 4x target achieved and the trade has been active for 30 minutes
- 6x target achieved
- Stop hits
- 30 minutes have lapsed and the close is less than target x2
I have performed simple strategy analyses and have determined:
(Approximately)
34% lose x1
66% achieve 1:1, manually stop out at B/E after first target hits
48% achieve 2:1, manually stop out above B/E after x2 target hits
38% achieve 3:1, manually stop out above x1 after x3 target hits (will reset fib grid without change in trend)
13% achieve 4:1, manually stop out above x3 after x4 target hits (will reset fib grid without change in trend)
I have not evaluated for x6 though it expected to be around 5% of the winning trades. (will reset fib grid without change in trend)
Message me if your interested further.
Point and Figure (PnF) MomentumThis is live and non-repainting Point and Figure Chart Momentum tool. The script has it’s own P&F engine and not using integrated function of Trading View.
Point and Figure method is over 150 years old. It consist of columns that represent filtered price movements. Time is not a factor on P&F chart but as you can see with this script P&F chart created on time chart.
P&F chart provide several advantages, some of them are filtering insignificant price movements and noise, focusing on important price movements and making support/resistance levels much easier to identify.
Momentum indicator measures the rate of change or speed of price movement. It compares the current price with the previous price from a number of periods ago. By analysing the rate of change , possible to gauge the strength or “momentum”. By using this script we get Point and Figure chart momentum.
If you are new to Point & Figure Chart then you better get some information about it before using this tool. There are very good web sites and books. Please PM me if you need help about resources.
Options in the Script
Box size is one of the most important part of Point and Figure Charting. Chart price movement sensitivity is determined by the Point and Figure scale. Large box sizes see little movement across a specific price region, small box sizes see greater price movement on P&F chart. There are four different box scaling with this tool: Traditional, Percentage, Dynamic (ATR), or User-Defined
4 different methods for Box size can be used in this tool.
User Defined: The box size is set by user. A larger box size will result in more filtered price movements and fewer reversals. A smaller box size will result in less filtered price movements and more reversals.
ATR: Box size is dynamically calculated by using ATR, default period is 20.
Percentage: uses box sizes that are a fixed percentage of the stock's price. If percentage is 1 and stock’s price is $100 then box size will be $1
Traditional: uses a predefined table of price ranges to determine what the box size should be.
Price Range Box Size
Under 0.25 0.0625
0.25 to 1.00 0.125
1.00 to 5.00 0.25
5.00 to 20.00 0.50
20.00 to 100 1.0
100 to 200 2.0
200 to 500 4.0
500 to 1000 5.0
1000 to 25000 50.0
25000 and up 500.0
Default value is “ATR”, you may use one of these scaling method that suits your trading strategy.
If ATR or Percentage is chosen then there is rounding algorithm according to mintick value of the security. For example if mintick value is 0.001 and box size (ATR/Percentage) is 0.00124 then box size becomes 0.001.
And also while using dynamic box size (ATR or Percentage), box size changes only when closing price changed.
Reversal : It is the number of boxes required to change from a column of Xs to a column of Os or from a column of Os to a column of Xs. Default value is 3 (most used). For example if you choose reversal = 2 then you get the chart similar to Renko chart.
Source: Closing price or High-Low prices can be chosen as data source for P&F charting.
There is 2 options for P&F Momentum
Length: Length for the P&F Momentum, default value is 10
Display as: there are two options and can display as “Histogram” or “Line”
Growing or Waning Patterns [Alerts]Example how to color patterns of 3 bodies growing or waning by percentage with or without trend. Also included option for alert triggers. The yellow triangles on the chart denote where the alert triggers will fire.
• Choose Pattern Of Filter: shows bodies growing or waning or both.
• Sample Lengths Of AvgBar: number of recent bars to use for average size.
• BigBar Is Min% Of AvgBar: the minimum percent of average the big bar must be.
• MedBar Is Max% Of BigBar: the maximum percent of big bar the medium bar can be.
• SmlBar Is Max% Of MedBar: the maximum percent of medium bar the small bar can be.
• Repeat Pattern If n Bars: the number of bars to ignore repeat patterns, 1 allows all.
• Trending: on requires the growing or waning patterns to also be trending.
• GrayBars: colors non pattern bodies gray.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
ALTS-Trend
ALTS-Trend
Altcoins-Trend is a technique that shows how much Altcoins is dominating the Marketcap and it's effect over the whole Crypto Market ,and that will show you alts season in each time frame because trend is relative .
*** Features
* Color grading to show you the Increase of domination effect (Green).
* Color grading to show you the Decrease of domination effect (Red) .
* Better understanding to the market ,and that will help you with a very good timed trades at the best trading times for altcoins .
/////////////////////////////////////////////
*Note
Special thanks for Lazybear for his momentum algorithm .
Volume Weighted TSI V 1.0This script uses a unique calculation for True Strength Indicator (TSI) and incorporates volume weighting the chosen source over a variable length.
The frame length changes dynamically to minimize chop zones.
Two lines:
- a signal line and a moving average of the signal line
There are a few ways to use this indicator:
- look for the cross of the signal line with the moving average for an early marker, this is more volatile
- look for the signal line cross with zero line a medium volatility marker
- look for the average to cross the zero line, a less volatile marker but comes in later
- over sold and over bought zones, suggest looking for exits from those zones as a trigger
Parameter explanation:
- setting the source for the TSI, this is then weighed with volume
- setting the maximum and minimum length, this sets the boundaries for the dynamic length/frame, actual frame lengths will fall within these boundaries (be sensitive to using very high lengths the indicator may fail on loop calculations)
- setting the change look back for TSI, the standard setting is 1, you can play with this for fine tuning
- the boundary that sets the value for overbought/oversold
What you see
- signal line
- moving average of signal line, this is colored to show points of velocity
- overbought/oversold circles at the top or bottom that meet boundary criteria
- diamonds that show crossing events
MomBSThis script is a momemtum buy/sell indicator that works very well on sideways markets, particularly trading stablecoins against each other or against fiat. Trading stablecoins is only profitable when your exchange fees are roughly no more then 0.2%, and is one of the best ways to mitigate risk in your portfolio.
This indicator also works very well on stocks and ETFs on 1 day candlestick charts.
It has clear visual references where buys and sells should take place. Blue arrows underneath, pointing up, are buy signals and and the alert condition of BUY ASSET.
There are also clear references of blue arrows pointing down, above the candlestick , to indicate a sell signal. The alert condition of SELL ASSET.
Oct 25 Added momentum filter to reduce weaker signals
Squeeze Momentum Strategy based on Indicator [LazyBear][Bitduke]I improved Squeeze Momentum Indicator by LazyBear (momentum filter, changed data source to ohlc4) and transformed it into a strategy, adding a risk management system + ability to customize time frames for backtest.
Shortly about Squeeze Momentum Indicator:
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).
Backtested on XBTUSD, ETHUSD (Bitmex). As you may notice it shows good results on 1h - 4h timeframes on these timeframes among these pairs. Relatively low drawdown ~ 12% (to date).
High – Low Trend Indicator Signal (Expo)High - Low Trend Indicator Signal - (Expo)
DESCRIPTION
This indicator is derived from my previous one called High – Low Trend Indicator (Expo) , but the difference is that this one generates Long signals and detects market changes. These two indicators are intended to be used in the same chart for better accuracy and validation of signals. The indicator is perfectly used to identify pullbacks in positive trends!
HOW TO USE
When a signal appears, consider enter long, or look for confirmation patterns. Such confirmation could be seen in the High – Low Trend Indicator (Expo) when the red cloud disappears or when the black price line crosses out from the red cloud, or when the black price line crosses up over the blue midline.
So,
1. Use the indicator to identify Long signals.
2. Use the indicator to find Entry points in positive trends.
3. Use the indicator to detect market changes.
4. Combine it with High – Low Trend Indicator (Expo).
INDICATOR IN ACTION
The indicator is best presented live, the graphs below are a good guide.
EURUSD
DAX
WALL STREET
GOLD
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Strategy based on Ehlers Smoothed Adaptive Momentum [LazyBear]Strategy based on Ehlers Smoothed Adaptive Momentum (ESAM) indicator by LazyBear, slightly improved.
Indicator itself was developed and described by John F. Ehlers in his book "Cybernetic Analysis for Stocks and Futures" (2004, Chapter 12: Adapting to the Trend).
Backtesting: XBTUSD (Bitmex): 2h, 3h, 4h
[STRATEGY] Jurik RSXA private strategy from the Profitable Jurik RSX preview for backtesting purposes.
SRSI Multi TFAs it states this is Satoshi RSI Multi Time Frame
Meaning you can now trade the HTF RSI momentum while on the LTF
so for instance I trade the 5m chart but using the m30 trend using this indicator
the multiple between the two values is 5 so id suggest you keep your multiple the same. So if you want to trade the H1 chart you would set the TREND or "HTF Fast Line" to 300.
Time frames are in integers and run all the way up the "D"
ex
5 min = 5
30 min = 30
60 min = 60
H4 = 240
etc.
you also have
D2, D3
W
M
etc.
best used with EW in mind or some other pattern analysis as this would act as CONFLUENCE to an idea you already entered OR as CONFIRMATION to an idea OR some form of MA such as TrendAID
There are signals in regards to momentum , short/long, and a signal i created that uses a series of other criteria to fire.
The strategy is easy for this is as folllowed
SRSI > Fast Line (cyan) and Fast Line > HTF Fast Line(gold) and Med Line(red) > HTF Fast Line == LONG or longs of interest NOTE WHEN THE TREND IS STRONG YOUR HTF slow line will RANGE above or below 50.
VICE versa
You will notice the cyan FAST LINE will LEAD , confirmation of trend reversal is when SRSI breaks above and the above follows.
CHEERS.
Stochastic Delta PivotsBased on stochastics converging and diverging, identifying pivot points to detect early momentum changes.
Wave Momentumthankyou to the original author of this script Vkn422
Very simple , shows momentum and changes candle colors to match
You only short when negative
you only long when positive
Must have confluence with other forms of analysis like Elliott Wave
This indicator was built with EW in mind and would excel in the hands of those who practice the wave analysis.
DK_GDTrendThis is a powerful indicator which combine Left side forecast, right side trading.
It is "All-in-one" features which deliver as :
1. Trend analysis
2. Safety zone and Risky zone analysis
3. Buy Entry Signal e.g ㊖
4. Sell Signal e.g 逃
5. Momentum index
6. Banker Chip index
**It suitable for swing trading and wave trading
Squeeze X Alerts BFThis is an alerts script for my Squeeze X strategy .
The default settings are the same. The alerts are based on the long and short signals that occur upon a cross of the momentum line to the positive or negative respectively.
Green background is bullish, red is bearish. Bright green lines indicate a long signal, bright red a short signal.
White background means no trade since we are in a period of choppy/sideways price action.
It can be useful to use momentum as a divergence indicator against price as an aside.
