Trend Analyzer - SwingSwiss SuiteTrend Analyzer aims to define and analyze the trend of a particular asset at a given time using MACD, mathematical functions, and moving average.
It comes in very handy when determining an overall strategy or when you need to decide on whether a trade makes sense or not.
Finally, you can build a complete strategy around the indicator.
QUICK OVERVIEW
When the histogram is green, it means that the asset is currently bullish. Blue shows a possible reversal while red is synonymous with a bearish trend.
In the configuration panel, you can change the length of the data analysis.
The lower the number, the more recent the data captured is. Therefore, it's more predictive.
USE CASES
- You want to make a long trade on a 30mn chart but the indicator is red on the 30mn chart but also in the lower charts showing that the trend is not likely to reverse... You should think twice about that trade.
- You want to short the market on a 2h chart but on the lower charts, the green indicator is showing... Wait for a little bit, you might short at a higher price.
POSSIBLE STRATEGY
Let's take the BTCUSDT Future on the 2h chart :
You can display the indicator twice.
The first one with a length of 5, the second one with a length of 4.
To enter a long trade, wait for the green on length 5 and exit it at blue or red on length 4! It works like magic ;)
Disclaimer:
Trading and investing in the financial markets involves substantial risk of loss and is not suitable for every investor.
All trading strategies are used at your own risk.
Trend Analyzer is part of the SwingSwiss Suite, contact me for more info
Trend
Bitcoin Logarithmic Regression RainbowI know there are a lot of BTC rainbows out there, I just wanted to publish my version with my fittings to the BTC price.
The grey channel at the bottom encloses the March 2020 Corona dump.
For best experience USE WEEKLY TIMEFRAME .
Dilip Support/Resistance Level To LevelThis "on chart" indicator is used purely as a visual sentiment to directional momentum of the pair you are looking at.
it is split into two parts, both of which i will explain below.
1, The SMA (Green and Red) this is used to find the directional momentum
2, the Level, is used to decide if the market is in a bullish or bearish move, hence determining whether or not to go long or short.
-only go long when price above Level, and short, below.
i have found it very good at calling out bad trades, when the direction changes quickly.
same as all my other indicators this is fully adjustable in the settings.
i find, with the standard settings, it works best on the 5 munites timeframe as shown, but again, can be used on any time frame.
For access, send me a DM on TradingView
Dilip Nifty Trend ZonesExtended version script.
This indicator can be set up for 5 different tickers, so you can fill up your favourite tikers as fixed and switch between them without changing settings options of Tick Count,
Using option "Show default Zones if not Matched" - you can set up default options,
switching off "Show default Zones if not Matched" - will hide indicator for not matched tikers
By default option is Off
I hope it helps,
Note: Since Trend Finding Indicator works in NIFTY only amounts vary across the board. The background height is set to readjust based on the highest bars. This lookback amount is adjustable by the user and it does not affect calculations what so ever.
For access, send me a DM on TradingView
Dilip Banknifty Trend ZonesExtended version script.
This indicator can be set up for 5 different tickers, so you can fill up your favourite tikers as fixed and switch between them without changing settings options of Tick Count,
Using option "Show default Zones if not Matched" - you can set up default options,
switching off "Show default Zones if not Matched" - will hide indicator for not matched tikers
By default option is Off
I hope it helps,
Note: Since Trend Finding Indicator works in BANKNIFTY only amounts vary across the board. The background height is set to readjust based on the highest bars. This lookback amount is adjustable by the user and it does not affect calculations what so ever.
For access, send me a DM on TradingView
EMA+RSI Pump & Drop Swing Sniper (With Alerts)This is using an EMA and RSI with slightly modified settings to give good entry and exit points while looking at Bitcoin. I use this on a 4-hour chart and with other indicators to find good positions to enter a trade or exit if things are turning red.
If you click on the EMA line it will color the bars of the chart based on if they are above or below the EMA - This is just visually helpful for me to see the active trend.
Make sure you hover over or click on the EMA line to see the colors of the candles change - it's not visible by default or without doing this.
Trend Trigger 15 SecThe following are printed:
The FAST ma is a HULL smoothed transparent line that closely hugs the price bars. This is the trigger line. (default 9/3 length)
The MIDLINE ma is a HULL smoothed solid thick line that tries to show the short term trend and is used to confirm bias. (default 100 length)
The SLOWEST ma is a HULL smoothed transparent thicker line that tries to show the long term trend. It is not used in any calculation and only for visual aide. (default 200 length)
Every GREEN or RED tag that prints, will display the percentage change over the last 12 bars.
Every tag is the trigger that confirms:
1)The CLOSE is above the MIDLINE ma
2)The FAST ma is climbing (GREEN) or falling (RED)
3)RSI is climbing/falling and confirms direction with the FAST ma. The RSI has a length of 5 that is smoothed with a 7 period HULL.
4)The tag text will change from white to purple if the (very fast) RSI is above/equal to 85 or below/equal to 15.
5)The close is above either the last or second to last bar's close.
6)The percentage of change (of close) over the last 12 bars is more than 0.25% or less than -0.25%
Each trigger will print a stop line and targets at = 0.5x stop value, 1x stop value, 1.5x stop value, 2x stop value. These lines continue to print until the FAST ma changes direction. I use a formatted gamma box to easily overlay and extend those lines when needed.
_______________________________________________________________________________________________________________________________________________________________________________________________________________
Here is an example of the use of a gamma box to draw an actual entry. I draw set it up so that, while holding control; click on the 1st target line, then move far right and click in space so the 2nd target line ALIGNS with the pointer.
EXAMPLE:
imgur.com
GAMA BOX SETTINGS:
imgur.com
__________________________________________________________________________________________________________________________________________________________________________________________________________________
The LONG position stop value is calculated by determining the lowest low of the last 12 bars - 0.1*wma(atr(20),20).
The SHORT position stop value is calculated by determining the highest high of the last 12 bars + 0.1*wma(atr(20),20).
These calculations find the low of the last 3 minutes, extend it by a small amount, and then draws the stops and targets.
There is always a running tag that prints ahead of the current bar. It displays the percentage change in the current direction of the FAST ma. It also shows the RSI value which will turn purple if RSI is >=85 or <=15.
The circle and flag below the tag helps visually confirm the trend direction of the FAST and MIDLINE mas.
The circle colors in diction of the MIDLINE ma
The flag colors in the direction of the FAST ma.
When they are both RED, both lines confirm a SHORT entry.
When they are both GREEN, both lines confirm a LONG entry.
If you enable the PM signal, position entries will fire before 09h30m30s (coded begin time).
If you enable "backtest", prior days will show tags/targets/stops including PM times.
There is a single alarm option. It will fire for either a LONG or SHORT entry.
The alarm is listed as "SIGNAL".
Once it is armed, the alarm will show as active in the "Alerts" column, which will read: {{ticker}} {{plot_3}}% @ {{close}}
This will print (when fired):
The ticker,
The percentage of change over the last 12 bars. If the value is negative than the entry is trending DOWN, if this value is positive; than the entry is trending UP)
The price at which the alarm fired.
SuperTrend Oscillator [LuxAlgo]This oscillator is made of three components, all derived from the SuperTrend indicator. This approach allows the user to easily determine overbought/sold zones, identify whether a retracement is present or if the price is ranging or trending. It also allows for the anticipation of the potential price cross with the SuperTrend.
We provide additional information including whether a signal returned by the SuperTrend was false, as well as the percentage of false signals.
Settings
Length: Period of the "average true range" used in the calculation of the SuperTrend
Mult: Multiplicative factor for the "average true range"
Smooth: Determines the degree of smoothing of the histogram
Misc:
Fixed Transparency: Use a fixed transparency for the main oscillator
Show Lines: Show the lines displayed by the indicator
Show Labels: Show the labels displayed by the indicator
Usage
The indicator is in a range of (-100,100) with values closer to 100/-100 indicating a stronger trend. The main oscillator value above 0 indicates that the price is above the SuperTrend.
It is possible to identify when a retracement is present in a trend. This is often indicated by an oscillator value moving within 50/-50.
Each overbought/oversold level can be used to determine potential exit points.
The indicator also includes two additional oscillators derived from the main oscillator. A smoothed version of the main oscillator (Signal), and a smoothed version of the difference between the Main and Signal oscillators (Histogram), thus making the oscillator part of the indicator more similar to MACD.
One can use the histogram to anticipate when the price might cross the SuperTrend by comparing the sign between the main and histogram. Potential false signals can also be filtered with this method.
Certain crosses between the price and SuperTrend can be filtered out when the histogram and main oscillator have a different sign (here main = 1, histogram = -1).
We include various indications in order to analyze the signals returned by the SuperTrend. The indicator displays symbols indicating whether a signal was false or not.
A cross symbol will be displayed at the top of the displayed lines when the previous Buy signal was false, else a checkmark is displayed. Symbols displayed at the bottom of the lines are referring to sell signals. We also provide a percentage of false signals, calculated over the entire chart history.
Details
The scaling method used is similar to max-min normalization. We first compute the difference between the price and SuperTrend and divide the result by the difference between the upper and lower extremity used to compute the SuperTrend. Values higher than (1,-1) can occur when price crosses the SuperTrend and as such we use the max and min functions to attenuate these.
The filter used to compute the signal line is based on exponential averaging and is fully adaptive. The smoothing factor used for its computation is the squared value of the main oscillator, divided by length . Since higher values of the oscillator are associated with trending markets, the filter will be closer to the main oscillator when the market is ranging.
Tradelivio's Ranging vs Trending Indicator ADXThis indicator is based on ADX and helps identify if a market is ranging/consolidating or trending.
Default setting are as follows:
0-15 Absent Trend
15-25 Weak Trend
25+ Strong Trend
FYI:
50-75 Very Strong Trend
75-100 Extremely Strong Trend
You can configure 3 levels of strength (Absent, Weak & Strong)
Please keep in mind that a falling ADX line only means that the trend strength is weakening, and it usually does not mean the trend is reversing, unless there has been a price climax.
StochasticLSMAIntroducing the worlds first StochasticLSMA. A powerful Stochastic that shows trends and highlights market tops/bottoms. This may be the ultimate tool in locating tops and bottoms on any timeframe.
How to tune the settings:
Depending on what chart you use and what timeframe you are on it may be necessary to dial in the settings to correctly locate the tops and bottoms you wish to trade. Here are some settings to try:
32 < Finds longer term Tops and bottoms.
21 < Great for longer term tops and bottoms on hourly and daily charts.
19 < If 21 is not accurate enough.
17 < If 19 is not accurate enough.
13 <Great setting for short to mid range tops and bottoms and lower timeframes. (default)
11
9
6 < Excellent for finding shorter term tops and bottoms on all timeframes.
*Changing the “Stochastic Price” setting to “hl3” or “low” can help hone in on lows and highs.*
It can be very useful to to use 2 StochasticLSMA indicators with different settings. Here we have two examples how to use multiple indicators on the ETHUSD Daily chart. One set on 13 and the other on 6. A trader can enter on the 6 length indicator and exit on the 13. It also shows how it has the potential to filter out “bad entries” by matching the bottoms.
Example of different length settings.
Alerts:
Overbought: K line crosses over overbought line (Red Dot)
Oversold: K line crosses under oversold line (Green Dot)
Buy Signal: K line is under oversold line and trends up (Green Up Arrow)
Sell Signal: K line is over oversold line and trends down (Red Down Arrow)
Last Chance Sell Signal: As K line leaves overbought line (Yellow Dot)
Last Chance Buy Signal: As K line leaves oversold line (Yellow Dot)
Example of alert signals and trigger enabled in settings
CH-I: Trend - Multi-Timeframe WatchlistWatchlists give only a flat perspective on changes in the market, as they show only the daily change of underlyings and give no comprehensible context to other underlyings and other timeframes to show the bigger picture.
With a cockpit showing price changes of different underlyings over several timeframes at the same time, a real understanding can be developed about shorter term momentum embedded into a longer term trend.
Look how major commodity currencies (in purple) have outrun other major currencies in recent months, but where the biggest losers in the last days as seen below. When now looking at the also displayed chart of the Norwegian Krone against the US Dollar, this gives more context, as the indication clearly shows, that commodity currencies in general have been rising for the last months and startet dropping recently.
By grouping related underlyings with the same kind of representation, it also becomes clear, in which of these sectors the action is gaining or losing momentum.
Here you can see how the major european markets (in green) are currently outperforming most other major markets with the major asian markets (in purple) being the laggards.
Another important benefit is the clear visibility of a shift in focus from one underlying or class of underlyings to another over time, which gives valuable insights into mode changes of differing markets to increase understanding of the current state of the relationships between different markets.
For more than half a year, mid and small caps have outperformed large caps in US equities, as much as Value caps have outperformed Growth caps. Here you see, how the outperformance of Value stocks has been maintained, but the focus shifted from smaller to bigger caps.
The indicator allows up to 20 individually selected ticker symbols classifiable into up to 6 separate groups with up to 12 different selectable time periods (including a custom time period) to be displayed.
The results can be displayed either only as a percentage change from start to end of the corresponding time period as well as additionally with highs and lows in the interval in a candlestick representation.
The output can be ordered by symbols as individually entered as well as by performance for a selectable time period.
For further convenience, a range of predefined sets of symbol is preconfigured to give insights into the development of markets for bonds, commodities, currencies, cryptos, equity markets and the economy without having to manually configure the corresponding symbols into the list of selectable symbols.
Additional details about Open, High, Low and Close values and the exact percentage changes as displayed as well as about selected symbols and allocated groups can be displayed by hovering the mouse over any time period or any symbol.
NSDT Heiken-Ashi Direction Bar MTFA simple script that places a bar at the bottom of the chart to indicate the direction of Heiken-Ashi candles - while still using traditional candles on the main chart. Try setting the bar on a higher timeframe to see the overall direction of the trend, while using traditional candles for entries/exits.
Trend Indicator A-V2 (Smoothed Heikin Ashi Cloud)"Trend Indicator A-V2" and "Trend Indicator B-V2" are updated and improved versions of my initial trend indicators. Totally rethinking the code, adding highs and lows in the calculations, including some more customisation through colour schemes.
In practice, this indicator uses EMAs and Heikin Ashi to provide an overall idea of the trend.
The "Trend Indicator A-V2" is an overlay showing “Smoothed Heikin Ashi” .
The "Trend Indicator B-V2" uses the same values in a different way to measure the momentum of the trend and identify potential trend rejections.
Please, take into account that it is a lagging indicator.
Trend Indicator B-V2 (Momentum measuring)"Trend Indicator A-V2" and "Trend Indicator B-V2" are updated and improved versions of my initial trend indicators. Totally rethinking the code, adding highs and lows in the calculations, including some more customisation through colour schemes.
In practice, this indicator uses EMAs and Heikin Ashi to provide an overall idea of the trend.
The "Trend Indicator A-V2" is an overlay showing “Smoothed Heikin Ashi” .
The "Trend Indicator B-V2" uses the same values in a different way to measure the momentum of the trend and identify potential trend rejections.
Please, take into account that it is a lagging indicator.
INDIGO - SwingTraderThis is a script that uses a couple of other indicators to find good swing trade entry's and exit's. You can choose which signals the script uses to calculate the position of the signals.
It uses the following:
- Stoch RSI
- MACD
- POC
- INDIGO Cloud
Also added are volume candles, acceleration of momentum indicators (triangle) and MACD candles. This way you can see more info to decide if the entry is valid.
I have used a couple of public scripts and tried to give credit to the original creators. If there is any script that hasn't been credited, please contact me.
Feedback is very much appreciated, positive and negative. Also If you have any question, feel free to ask me. I'll try to answer asap.
Enjoy the script :)
Adjustable MA & Alternating Extremities [LuxAlgo]Returns a moving average allowing the user to control the amount of lag as well as the amplitude of its overshoots thanks to a parametric kernel. The indicator displays alternating extremities and aims to provide potential points where price might reverse.
Due to user requests, we added the option to display the moving average as candles instead of a solid line.
Settings
Length: MA period, refers to the number of most recent data points to use for its calculation.
Mult: Multiplicative factor for each extremity.
As Smoothed Candles: Allows the user to show the MA as a series of candles instead of a solid line.
Show Alternating Extremities : Determines whether to display the alternating extremities or not.
Lag: Controls the amount of lag of the MA, with higher values returning a MA with more lag.
Overshoot: Controls the amplitude of the overshoots returned by the MA, with higher values increasing the amplitude of the overshoots.
Usage
Moving averages using parametric kernels allows users to have more control over characteristics such as lag or smoothness; this can greatly benefit the analyst. A moving average with reduced lag can be used as a leading moving average in a MA crossover system, while lag will benefit moving averages used as slow MA in a crossover system.
Increasing 'Lag' will increase smoothness while increasing 'overshoot' will reduce lag.
The following indicator puts more emphasis on its alternating extremities, an upper extremity will be shown once the high price crosses the upper extremity, while a low extremity will be shown once the low price crosses the lower extremity. These can be interpreted like extremities of a band indicator.
The MA using a length value of 200 with a multiplicative factor of 1.
In general, extremities will effectively return points where price might potentially bounce in ranging markets while closing prices under trending markets will often be found above an upper extremity and under a lower extremity.
Reducing the lag of the moving average allows the user to obtain a more timely estimate of the underlying trend in the price, with a better fit overall. This allows the user to obtain potentially pertinent extremities where price might reverse upon a break, even under trending markets.
In the above chart, the price initially breaks the upper extremity, however, we can observe that the upper extremity eventually reaches back the price, goes above it, provides a resistance, and effectively indicates a reversal.
Users can plot candles from the moving average, these are fairly similar to heikin-ashi candles in the sense that CandleOpen(t) ≠ CandleClose(t-1) , each point of the candle is calculated as follows for our indicator:
Open = Average between MA(t-1) and MA(t-2)
High = MA using the high price as input
Low = MA using the low price as input
Close = MA using the closing price as input
Details
Lag is defined as the effect of moving averages to reflect past price variations instead of new ones, lag can be observed by the user and is the main cause of false signals. Lag is proportional to the degree of filtering returned by the moving average.
Overshooting is a common effect encountered in non-lagging moving averages, and is defined as the tendency of a moving average to exceed a maximum level (or minimum level, which can be defined as undershooting )
MA and rolling maximum/minimum, both using a length of 50 bars. While we can think of lag as a cost of smoothness, we can think of overshooting as a cost for reduced lag on some occasions.
Explaining the kernel design behind our moving average requires understanding of the logic behind lag reduction in moving averages. This can prove to be complex for non informed users, but let's just focus on the simpler part; moving averages can be defined as a weighted sum between past prices and a set of coefficients (kernel).
MA(t) = b(0)C(t) + b(1)C(t-1) + b(2)C(t-2) + ... + b(n-1)C(t-n-1)
Where n is the period of the moving average. Lag is (non optimally) reduced by "underweighting" past prices - that is multiplying them by negative numbers.
The kernel used in our moving average is based on a modified sinewave. A weighted sum making use of a sinewave as a kernel would return an oscillator centered at 0. We can divide this sinewave by an increasing linear function in order to obtain a kernel allowing us to obtain a low lag moving average instead of a centered oscillator. This is the main idea in the design of the kernel used by our moving average.
The kernel equation of our moving average is:
sin(2πx^α)(1 - x^β)
With 1>x>0 , and where α controls the lag, while β controls the overshoot amplitude.
Using this equation we can obtain the following kernels:
Here only α is changed, while β is equal to 1. Values to the left would represent the coefficients for the most recent prices. Notice how the most significant coefficients are given to the oldest prices in the case where α increases.
Higher overshoot would require more negative values, this is controlled by β
Here only β is changed, while α is equal to 1. Notice how higher values return lower negative coefficients. This effectively increases the overshoots amplitude in our moving average. We can decrease α in order for these negative coefficients to underweight more recent values.
Using α = 0 allows us to simplify the kernel equation to:
1 - x^β
Using this kernel we can obtain more classical moving averages, this can be seen from the following results:
Using β = 1 allows us to obtain a linearly decreasing kernel (the one of a WMA), while increasing allows the kernel to converge toward a rectangular kernel (the one of SMA).
macZLSMAMacd that shows instantaneous trend using ZLSMA. This crossover has the ability to reveal trend directions before it happens.
TrendBuddy_v1TrendBuddy is a trend signal generator indicator.
options:
control sensitivity of the signals
Sideways Market Detector
Filter signals based on Side Market
Indicator is based on combination of oscillators, moving averages, bollinger bands and price action.
The traders can use this tool to get trends when market is about to come out of choppy regions.
Bottom Touch[Dizart]--------------- ---------------
The indicator determines the bottom in the market, from which a rebound or a global reversal may start with a high probability. Works on any symbol or market.
tuning - If the asset is low volatility, then the price often does not reach the bottom. Adjust the `Bottom Touch` to the closest bottom on the graph.
--------------- ---------------
Индикатор определяет дно на рынке, от которого с большой вероятность может начаться отскок или глобальный разворот. Работает на любом символе или рынке.
tuning - Если актив низковолатильный, то цена часто не доходит до дна. Отрегулируйте `Bottom Touch` до ближайшего дна на графике.
VR Crayons (Signals, Trend and Reversal Indicator)This indicator is a combination of many different basic technical analysis tools, such as RSI, Bollinger Bands, Moving Averages and others.
It's main goal is to provide a fast and reliable visual representation of the current price action and possible entry and exit points for trades.
Explanation of the individual functions:
The indicator includes 2 different functions:
1) The crayons (colors of the candles) show the current state of price action and trend
and can be used to find oversold or overbought areas as well price reversal points.
The colors can be turned off and/or changed in the settings.
2) The signals that can be used to enter or exit trades. There are 4 different types of signals:
Mini signals, high/low timeframe signals and special signals.
All of them can be turned on and off in the settings.
Further explanations
Crayons:
There are 3 general colors, gray, green and red.
Red signals a general downtrend,
Green a general uptrend,
Gray sideways action.
There are also multiple other colors to visualize special situations:
Blue signals overbought areas
Orange signals oversold areas
Yellow and purple signalling heavy oversold areas and a possible trend reversal to the upside
Dark Green signals heavy overbought areas and a possible trend reversal to the downside (Also marked with "R")
Lastly there are two special candle colors, dark red and light blue.
Those are volume weighted indicators of heavy dumping/pumping. I implemented them to signal higher than
average volume which dan be useful when looking for breakouts/-downs or to avoid fomoing into huge pumps or dumps
Signals:
As mentioned above, there are 4 different signal categories.
Signals for Lower Timeframes (5-30m) and Higher Timeframes (1h-D), special signals working on all timeframes
and mini signals which can be taken as TP points but also as entry points for trades.
The placement of the signals shows if it's a "BUY" (below the candles) or a "SELL" (above the candles).
Even-though signals are named "LTF signals", from my experience they can be used on all timeframes.
HTF signals do not work as good on lower timeframes.
For the best visualisation, disable candle borders in settings and turn the wick color to gray.
!! DISCLAIMER !!
All of these signals and bar colors are just visual helpers to find possible entry and exit points for your trades
and to get a quick overview of the current market conditions.
I would always recommend to use at least some basic technical analysis in combination.
And as always in trading, please use proper risk management! None of these signals can an will be 100% accurate!
!! All of these signals and colors are only valid AFTER candle close !!
!! This indicator is NOT repainting !!
Please don't use the comment section to ask for access to this indicator, you can always write me a PM.
3x SuperTrend IndicatorSimplified version of SuperTrend Indicator which plots up to 3 lines at once. Script is mainly for users of free TradingView version.
Mayfair Advanced Regressions 1.0This indicator maps two regressions.
The outer regression (green straight lines in the chart) tracks the main trend. It save you from working out your own trend channels, BUT it does move with the price, so it is different from a static channel. You can use it as a template for drawing static channels though.
The inner regression (the curved lines) is a parabolic regression. It shows the shorter term trend within the outer trend. This helps traders to judge when it is right or wrong to take a position on the edge of the main regression, based on whether the inner regression is indicating an acceleration out of the channel, or is shaping to go with the main trend.
We find it works best if there is a clear trend. If the market is not trending, then there isn't much point using a trend analysis tool like this.
Like all indicators, it is not perfect, and you should never rely on one indicator in any situation.
Chameleon indictor ║Tops and bottoms- This indicator uses a modified type of ADX, that offers a cleaner layout and improved signals. The indicator can be used by traders to identify possible tops, bottoms and changes in trends
- If the purple line moves downward after having been inside of the red line signals that a security possibly can have reached the bottom
- If the purple line moves upward after having been inside of the green line signals that a security possibly can reached the top
- The middle acts as a confirmation of the signal
// I have drawn lines on the chart to give examples of what the signals look like
