Top 3 Largest Candles with Fibonacci LevelsThis TradingView Pine Script indicator finds the three largest candles by body size within the last 300 bars and plots Fibonacci levels for each of these candles. The Fibonacci levels include:
Level 0:
The top of the body for a bearish candle.
The bottom of the body for a bullish candle.
Level 1:
The bottom of the body for a bearish candle.
The top of the body for a bullish candle.
Level -1:
A level below Level 0, calculated as one body length below Level 0.
Level 2:
A level above Level 1, calculated as one body length above Level 1.
How the Script Works
Find the Three Largest Candles:
The script loops through the last 300 bars and identifies the three candles with the largest body size (absolute difference between the open and close prices).
Draw Fibonacci Levels:
For each of the three largest candles, the script draws Fibonacci levels (-1, 0, 1, 2) using thin gray lines and adds labels to identify each level.
Color Coding:
The largest candle is highlighted in red with a label "1st Largest".
The second largest candle is highlighted in orange with a label "2nd Largest".
The third largest candle is highlighted in yellow with a label "3rd Largest".
Visualization:
Each candle is highlighted with a vertical line from high to low.
Fibonacci levels are plotted with corresponding labels for clarity.
المؤشرات والاستراتيجيات
Top 3 Largest Candles with Fibonacci LevelsThis TradingView Pine Script indicator finds the three largest candles by body size within the last 300 bars and plots Fibonacci levels for each of these candles. The Fibonacci levels include:
Level 0:
The top of the body for a bearish candle.
The bottom of the body for a bullish candle.
Level 1:
The bottom of the body for a bearish candle.
The top of the body for a bullish candle.
Level -1:
A level below Level 0, calculated as one body length below Level 0.
Level 2:
A level above Level 1, calculated as one body length above Level 1.
How the Script Works
Find the Three Largest Candles:
The script loops through the last 300 bars and identifies the three candles with the largest body size (absolute difference between the open and close prices).
Draw Fibonacci Levels:
For each of the three largest candles, the script draws Fibonacci levels (-1, 0, 1, 2) using thin gray lines and adds labels to identify each level.
Color Coding:
The largest candle is highlighted in red with a label "1st Largest".
The second largest candle is highlighted in orange with a label "2nd Largest".
The third largest candle is highlighted in yellow with a label "3rd Largest".
Visualization:
Each candle is highlighted with a vertical line from high to low.
Fibonacci levels are plotted with corresponding labels for clarity.
BTC Dominance by amig0dieg0 I'll be straightforward: this is my attempt to guess the popular BTC Dominance indicator.
It's simple: sell on red, buy on green, within the context of larger timeframes.
Volume and Bollinger Band Arrow IndicatorThis is an indicator that is marked with arrows when the candle has a high volume despite its small size
It works when the candle touches the bolinger band (20, 2) at least once, and may be modified or added later
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tema.alt private 1tema.alt private 1tema.alt private 1tema.alt private 1tema.alt private 1tema.alt private 1tema.alt private 1
tema.alt private 3.0tema.alt private 3.0tema.alt private 3.0tema.alt private 3.0tema.alt private 3.0tema.alt private 3.0
RM - rKrRM - rKr Indicator
The RM - rKr Indicator is designed to evaluate price momentum by analyzing relative percentage deviations of price components (high, open, low, and close) from their simple moving average. It provides a comprehensive signal of market conditions through color-coded bars, crossovers, and dynamic alerts.
Key Features
• Relative Kr Calculations: Calculates the relative percentage deviation of each price component (high, open, low, close) from their respective moving averages. The results are then averaged to provide a single momentum value.
• Dynamic Bar Coloring: Bars are color-coded based on the sum's value:
Green for positive momentum (sum > 0).
Purple for negative momentum (sum < 0).
• Crossover Signals: Visual markers indicate when the momentum crosses above or below the zero line, signaling potential long (⦿ below bars) or short (⦿ above bars) opportunities.
• Alerts: Built-in alert conditions notify traders of bullish or bearish market conditions when the momentum value crosses zero.
How It Works
Calculates the percentage difference between price components (high, open, low, close) and their simple moving averages.
Averages the results to derive a single momentum value (sum).
Uses zero as the baseline to determine market direction:
Positive values suggest bullish momentum.
Negative values suggest bearish momentum.
Highlights potential trade opportunities with crossover signals when the sum crosses the zero line.
How to Use
• Identify Trends: Use bar colors and the momentum value to gauge market direction.
• Spot Reversals: Monitor for crossover signals near the zero line to identify potential entry or exit points.
• Confirm Conditions: Combine with other indicators for enhanced trend confirmation.
Example Use Cases
Momentum Trading: Use green or purple bars to confirm bullish or bearish momentum.
Reversal Signals: Watch for crossover signals near the zero line for potential trend reversals.
Volatility Assessment: Employ the indicator to measure price momentum deviations over time.
Disclaimer
This indicator provides an analytical view of price momentum and market conditions. It does not guarantee future performance and should be used in conjunction with other tools and proper risk management strategies.
Calazans_MME_MMA_PRFEste foi um indicador para PLotar, no gráfico, um sinal quando um PFR se formar. A identificação, segue os padrões difundidos pelo Stormer, coloquei as definições dele sobre a melhor efetividade quanto a posição do preço em relação as médias, e acrescentei uma verificação quanto a posição do estocástico para melhorar o padrão. Ele plotara algumas médias que fazem parte de meu operacional, mas você poderá desabilitá-las se achar conveniente.
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Vertical Lines OverlayVertical Lines Overlay with Custom Time Inputs
This script allows users to draw vertical lines on their charts at specific times of the day, providing a customizable tool for marking key events, session changes, or any other time-based analysis.
Features:
Customizable Time Inputs: Set up to 6 distinct times (hours and minutes) to draw vertical lines.
Line Style Options: Choose between solid, dotted, or dashed line styles for each line.
Line Width Control: Adjust the thickness of each line individually.
Color Selection: Assign unique colors to each vertical line for better visibility and organization.
Dynamic Time Offsets: Adjust line positions with predefined time offsets, ensuring compatibility across different trading instruments and time zones.
Automatic Line Drawing: Lines are plotted automatically at the specified times if the conditions are met.
How to Use:
Open the settings panel by clicking the gear icon.
Enable or disable each line by toggling the respective checkboxes.
Set the desired time for each line using the hour and minute inputs.
Customize line styles, widths, and colors for each line.
Optionally, apply a time offset based on your trading instrument or preference.
Miko Kerb VIX9D/VIX6Munder construction
Strategia of Kerberosa
VIX9D/VIX6M
- 3D MovingAverage
- 9D MovingAverage
LONG when
fear was >0.90
+
3D closes under 0.9
or
3D closes under 9D
RSI edginthis strategy is on the 5 min timeframe
step 1 - Find the candle where the rsi just crossed below 20 and mark it as candle 1
step 2 - mark the high of candle 1 and wait for a candle to break the high and close above it. Once the candle closes above the candle 1 high, we will mark it as candle 2.
step 3 - when the candle 2 comes, there are 2 ways
a. If candle 2 is formed and rsi hasnt crossed above 50 we will wait for rsi to cross above 50
b. if candle 2 is formed and rsi has already crossed above 50 move to step 4
step 4 - once rsi is above 50 mark the low between candle 1 and candle 2 and when a candle breaks and closes below the low, we will mark it as candle 3.
step 5- Mark the high between candle 1 and candle 3, once a candle crosses above the high and closes above the high, we will take our entry
Stop loss - at the low between candle 1 and candle 3.
SMA y HMA PersonalizablesEste indicador puede ser útil para observar cómo se comportan diferentes tipos de medios móviles (SMA y HMA) con distintos períodos en un gráfico de precios. Las SMA son buenas para ver tendencias a largo plazo, mientras que la HMA es conocida por su capacidad para reducir el retraso.
ugu_indikator2Kademe Alım, Stop Loss, TP ve TrendKademe Alım, Stop Loss, TP ve Trend Kademe Alım, Stop Loss, TP ve TrendKademe Alım, Stop Loss, TP ve Trend Kademe Alım, Stop Loss, TP ve Trend
KVS-EMA Seçmeli Ve Ekstra StratejiBu indikatör ayrı ayrı EMA değerlerini,
(Bir anda tüm ema değerleri ile ekran kargaşasından kurtulmak isteyenler için)
Ema'ların kesişim sinyallerini Anlık otomatik olarak almayı/almamayı,
Grafik değerlerini görmeyi/görmemeyi,
Tabloda RSI ve MacD Değerlerini ve ikazları görmeyi,
SAĞLAR..
Seçim Yapabilecek olanlar;
Kısa Vade (12-26),
Uzun Vade (10-20-50-100-200)
5-8-13-34
9-21
Ekstra Seçilebilenler;
Esma (Ema21/Smma21/Smma55)
Oto Fibo
Percentile momentum | RocheurIntroducing Rocheur’s Percentile Rank Momentum Indicator
The Percentile Rank Momentum indicator is an innovative tool designed to analyze market momentum using a combination of percentile rank and standard deviation . This indicator identifies long and short signals by comparing the price to a dynamically calculated percentile threshold and its deviation, offering traders a powerful method to detect trends and potential reversals.
How It Works
The indicator uses the percentile rank function to determine the relative position of the current price within a specified range of historical prices.
A standard deviation is then applied to the percentile rank to calculate an upper and lower boundary for signal generation. The key logic is as follows:
Percentile Calculation: The percentile rank of the price is calculated over a user-defined length.
Deviation Threshold: A standard deviation is computed over another customizable period to create dynamic thresholds.
Signal Generation:
Long Signal: Triggered when the price closes above the percentile rank plus a multiple of the deviation.
Short Signal: Triggered when the price closes below the percentile rank minus a multiple of the deviation.
Visual Representation
The Percentile Rank Momentum indicator features a clean and intuitive visual interface with customizable color modes:
Green Bars: Represent bullish conditions, indicating a potential long signal.
Red Bars: Represent bearish conditions, suggesting a potential short signal.
An additional line representing a 54-period Exponential Moving Average (EMA) is plotted, dynamically colored to reflect the current trend:
Green Line: Indicates an uptrend (long signal active).
Red Line: Indicates a downtrend (short signal active).
Customization & Parameters
To suit various trading styles and market conditions, the Percentile Rank Momentum indicator offers the following adjustable parameters:
Source: Defines the input price (e.g., close, hl2).
Percentile Length: Default set to 25, this determines the lookback period for the percentile rank calculation.
Deviation Length: Default set to 38, controls the sensitivity of the standard deviation used in thresholds.
Multiplier: Default set to 1.3, adjusts the weight of the deviation for long/short signal thresholds.
Percentile Percentage: Default set to 75, specifies the percentile level for ranking the price within the defined period.
Color Modes: Choose from eight unique color themes to personalize the visual appearance of the indicator.
Trading Applications
This versatile indicator can be applied in various trading scenarios, including:
Momentum Analysis: By identifying when prices move significantly beyond historical percentiles, the indicator highlights strong momentum conditions.
Risk Management: Clearly defined long and short signals help traders manage positions more effectively.
Final Note
Rocheur’s Percentile Rank Momentum indicator combines mathematical precision with visual clarity to provide a comprehensive view of market momentum. Its dynamic thresholds and customizable settings make it a flexible tool for traders seeking to refine their strategies. As with any indicator, thorough backtesting and parameter adjustments are essential for optimizing performance in different market conditions. This tool is designed to complement a robust trading plan and enhance decision-making for traders of all levels.
Percentile momentum | RocheurIntroducing Rocheur’s Percentile Rank Momentum Indicator
The Percentile Rank Momentum indicator is an innovative tool designed to analyze market momentum using a combination of percentile rank and standard deviation . This indicator identifies long and short signals by comparing the price to a dynamically calculated percentile threshold and its deviation, offering traders a powerful method to detect trends and potential reversals.
How It Works
The indicator uses the percentile rank function to determine the relative position of the current price within a specified range of historical prices.
A standard deviation is then applied to the percentile rank to calculate an upper and lower boundary for signal generation. The key logic is as follows:
Percentile Calculation: The percentile rank of the price is calculated over a user-defined length.
Deviation Threshold: A standard deviation is computed over another customizable period to create dynamic thresholds.
Signal Generation:
Long Signal: Triggered when the price closes above the percentile rank plus a multiple of the deviation.
Short Signal: Triggered when the price closes below the percentile rank minus a multiple of the deviation.
Visual Representation
The Percentile Rank Momentum indicator features a clean and intuitive visual interface with customizable color modes:
Green Bars: Represent bullish conditions, indicating a potential long signal.
Red Bars: Represent bearish conditions, suggesting a potential short signal.
Customization & Parameters
To suit various trading styles and market conditions, the Percentile Rank Momentum indicator offers the following adjustable parameters:
Source: Defines the input price (e.g., close, hl2).
Percentile Length: Default set to 25, this determines the lookback period for the
percentile rank calculation.
Deviation Length: Default set to 38, controls the sensitivity of the standard deviation used in thresholds.
Multiplier: Default set to 1.3, adjusts the weight of the deviation for long/short signal thresholds.
Percentile Percentage: Default set to 75, specifies the percentile level for ranking the price within the defined period.
Color Modes: Choose from eight unique color themes to personalize the visual appearance of the indicator.
Trading Applications
This versatile indicator can be applied in various trading scenarios, including:
Momentum Analysis: By identifying when prices move significantly beyond historical percentiles, the indicator highlights strong momentum conditions.
Risk Management: Clearly defined long and short signals help traders manage positions more effectively.
Final Note
Rocheur’s Percentile Rank Momentum indicator combines mathematical precision with visual clarity to provide a comprehensive view of market momentum. Its dynamic thresholds and customizable settings make it a flexible tool for traders seeking to refine their strategies. As with any indicator, thorough backtesting and parameter adjustments are essential for optimizing performance in different market conditions. This tool is designed to complement a robust trading plan and enhance decision-making for traders of all levels.
Percentile momentum | RocheurIntroducing Rocheur’s Percentile Rank Momentum Indicator
The Percentile Rank Momentum indicator is an innovative tool designed to analyze market momentum using a combination of percentile rank and standard deviation . This indicator identifies long and short signals by comparing the price to a dynamically calculated percentile threshold and its deviation, offering traders a powerful method to detect trends and potential reversals.
How It Works
The indicator uses the percentile rank function to determine the relative position of the current price within a specified range of historical prices.
A standard deviation is then applied to the percentile rank to calculate an upper and lower boundary for signal generation. The key logic is as follows:
Percentile Calculation: The percentile rank of the price is calculated over a user-defined length.
Deviation Threshold: A standard deviation is computed over another customizable period to create dynamic thresholds.
Signal Generation:
Long Signal: Triggered when the price closes above the percentile rank plus a multiple of the deviation.
Short Signal: Triggered when the price closes below the percentile rank minus a multiple of the deviation.
Visual Representation
The Percentile Rank Momentum indicator features a clean and intuitive visual interface with customizable color modes:
Green Bars: Represent bullish conditions, indicating a potential long signal.
Red Bars: Represent bearish conditions, suggesting a potential short signal.
Customization & Parameters
To suit various trading styles and market conditions, the Percentile Rank Momentum indicator offers the following adjustable parameters:
Source: Defines the input price (e.g., close, hl2).
Percentile Length: Default set to 25, this determines the lookback period for the
percentile rank calculation.
Deviation Length: Default set to 38, controls the sensitivity of the standard deviation used in thresholds.
Multiplier: Default set to 1.3, adjusts the weight of the deviation for long/short signal thresholds.
Percentile Percentage: Default set to 75, specifies the percentile level for ranking the price within the defined period.
Color Modes: Choose from eight unique color themes to personalize the visual appearance of the indicator.
Trading Applications
This versatile indicator can be applied in various trading scenarios, including:
Momentum Analysis: By identifying when prices move significantly beyond historical percentiles, the indicator highlights strong momentum conditions.
Risk Management: Clearly defined long and short signals help traders manage positions more effectively.
Final Note
Rocheur’s Percentile Rank Momentum indicator combines mathematical precision with visual clarity to provide a comprehensive view of market momentum. Its dynamic thresholds and customizable settings make it a flexible tool for traders seeking to refine their strategies. As with any indicator, thorough backtesting and parameter adjustments are essential for optimizing performance in different market conditions. This tool is designed to complement a robust trading plan and enhance decision-making for traders of all levels.
Engulfing BarIt indicates an Engulfing Bar.
Bullish Engulfing Bar:
(1) A bar that sweeps the LOW and closes above the previous day's close (If previous day is bullish)
(2) A bar that sweeps the LOW and closes above the previous day's open (If previous day is bearish)
Bearish Engulfing Bar:
(1) A bar that sweeps the HIGH and closes below the previous day's open (If previous day is bullish)
(2) A bar that sweeps the HIGH and closes below the previous day's close (If previous day is bearish)
MACD with DivergencesHere’s a comprehensive explanation of the MACD (Moving Average Convergence Divergence) indicator using the provided chart as a reference:
1. Key Components of the MACD Indicator
MACD Line (Blue Line):
It represents momentum in the market.
Significance: Indicates the strength and direction of a trend.
Signal Line (Red Line):
This acts as a trigger for buy or sell signals.
Significance: Helps confirm potential trend reversals or continuations.
Histogram (Green and Red Bars):
Represents the difference between the MACD Line and the Signal Line.
Significance: Visualizes momentum changes:
Positive histogram (green): Bullish momentum.
Negative histogram (red): Bearish momentum.
2. Identifying Trade Signals
Bullish Crossover:
When the MACD Line crosses above the Signal Line, it indicates upward momentum and a potential buy signal.
Bearish Crossover:
When the MACD Line crosses below the Signal Line, it indicates downward momentum and a potential sell signal.
Divergence:
Bullish Divergence: Price makes lower lows, but the MACD makes higher lows, suggesting a potential upward reversal (marked in the chart).
Bearish Divergence: Price makes higher highs, but the MACD makes lower highs, suggesting a potential downward reversal.
Overbought/Oversold Conditions:
While the MACD doesn’t directly indicate overbought or oversold conditions, extreme highs or lows in the MACD Line can signal market exhaustion.
3. Application in Trading Strategies
Short Term Trading:
On a 15-minute chart (like the one provided), traders can use crossovers to capture intraday momentum. For example:
Entry: Enter long positions on bullish crossovers.
Exit: Close positions when bearish crossovers occur.
Long Term Trading:
Use higher timeframes (e.g., daily charts) for trend confirmation and holding positions over weeks or months. Divergences are especially useful in identifying long-term trend reversals.
4. Interpreting MACD with Price Action
Confirming Trends:
If the price trends upward and the MACD histogram is green, it confirms the trend. Conversely, if the price is trending downward the red histogram validates the bearish trend.
Entry Points:
Enter trades on bullish crossovers or bullish divergence when supported by price action.
Exit Points:
Exit trades on bearish crossovers or when the histogram starts to shrink, indicating weakening momentum.
5. Common Mistakes and Tips
Mistakes:
Relying Solely on MACD: Using MACD without confirmation from other indicators or price action can lead to false signals.
Ignoring Timeframes: Misinterpreting MACD signals without considering the timeframe being analyzed.
Overtrading Crossovers: Not all crossovers lead to significant moves, especially in low-volatility markets.
Tips:
Combine indicators: Combine MACD with Heikin Ashi, support/resistance levels or RSI, and volume indicator for confirmation.
Check multiple timeframes: Use longer time frames to confirm trends and shorter timeframes for entry points.
Pay attention to divergences: Divergences are powerful indicators of potential reversals.
By understanding and applying the MACD indicator effectively, traders can enhance their ability to identify high-probability trade setups and improve overall trading performance.
