TFTF is an algorithm that solves one of the big unknowns of any trader, the direction where the prices of the asset will go.
TF is based on the analysis of sentiment and other macro economic factors that influence the evolution of present and future prices of almost any asset.
The algorithm performs the necessary calculations and draws a a lower indicator of green or red bar. In this way alerts a future evolution of prices. As soon as that bar goes from green to red or vice versa, it indicates that prices are going to fall or rise respectively and as long as the indicator bar continues in the same color it indicates that the trend is still strong. This is a dynamic indicator and can change the alert regardless of whether the candle has closed or not.
TF must be used in conjunction with other indicators of your preference to find the right time to go long or short, or to find levels of overbought or oversold, support or resistance levels, Fibonacci or those of your preference to find the best points of entry or exit. In short TF allows to resolve the doubt in which side of the trade I must place, whether to go long or short.
It can be used in any type of asset, Stock, Futures, Forex or Crypto and in almost any time frame. The greater the volatility of the asset, the timeframe may be shorter.
AAPL 2018 in a daily basis highlighting the buying days
AAPL 2018 in a daily basis highlighting the selling days
ESZ8 in 15 min time frame
CLF9 in 240 min time frame
Trendfollowing
🥢Crypto-Sticks: Anchored Momentum v1.0 by Cryptorhythms🥢Crypto-Sticks™: Anchored Momentum (Rudy Stefenel)
A new series of indicators brought to you by Cryptorhythms...giving you an alternate look at your trusted favorites! Follow me, there are still 2 dozen Crypto-Sticks indicators planned - all will be released in public library.
🚀Indicator Specific Info
🐻Thanks to Lazybear for posting the original AM code I updated to create this indicator! (give that man a follow/thumbs-up, hes a legend!)
New Crypto-Sticks option is an EMA of the average signal line output. Eventually I will go back and update the previous indicators with this feature as well!
In this indicator there is an option to smooth the raw momentum or not. Here's an example of smoothed momentum:
Heiken Ashi candles (default) adds some more clear trend changing points. HA example here:
Volume weighting the HA candles adds a different dimension to the indicator which I have to explore more fully. VW
adds too much noise in my opinion. I left there in case you want to experiment. An example of VW+HA:
💭Please leave me any ideas or feedback you have!
🚫If you use volume weighting you should be on heiken candles.
🚀Crypto-Sticks General Info
🚧This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
📊Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier. I recommend using the indicator on this setting.
🔊Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
👍Enjoying this indicator or find it useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Philosof fib maI like Fibonacci and I think multiple MAs are best for identifying the trend. This one is based on someone else's script. I just need to share it with a friend =)
JF Moving Average ColoredThe Moving Average Colored is really easy to use, it just shows the actual trend, so you could buy when it turns to green or you can sell when it turns to red. It works better on the Forex Pairs EURUSD, USDJPY, USDCAD, EURJPY, GBPJPY, GBPUSD, GBPAUD, GBPNZD, GBPCAD, GBPCHF and XAUUSD.
Monthly Weekly Daily Hourly CLOSESDraws horizontal segments where the last Monthly, Weekly, Daily and Hourly closes are.
Easily identify current price relative position to these key prices.
I use it as a kind of pivot points and help me with trend following entries: longs if up from last close, shorts if down from last close.
Monthly: red line (MMMMM)
Weekly: orange line (WWWWW)
Daily: yellow line (DDDDD)
Hourly: white line (HHHHH)
//Original idea from "Key Levels
Keltner Channels Linda RaschkeThis channel is a second version designed by the famous american analyst Linda Raschke; it allows you to find the main trend and to implement a trend-following strategy. You can open a new long/short position when the price cross up the basis and the upper/lower band (jointly with other indicators).
Simple TrenderOriginates from:
I was reading some Impulse Trading literature by A. Elder.. In it, someone named Kerry Lovvorn proposed "An End of Day Trend Following System" for someone lazy.
Originally it is just price closing above an 8 ema (low) for long. Exit when price closes below an 8 ema (low). The opposite for a short position.
Conditions: Buy when price closed below ema (low) for two bars or more, then closes above. Opposite for a short position. I do not follow this condition. Though it may help with whipsaw.
My condition is when price closes above the 26 ema (low) (works the best for me) I place orders above the initial crossing bars high. Opposite for lows.
I look for stocks that are low in price to go long on. I want the run from 2's to 15's
I look for stocks that are mid-teens/20's in price to go short on. I want the run from 20's to 2's
I look for stock with news and earnings that are already running (up or down) to play the pullback.
These conditions can easily be scanned for on thinkorswim
From first glance, the system looks like CMsling shotsystem. Although, I plagiarized some parts of the codes, because I am inept when it comes to that shit, it differs as it is not a moving average crossover system.
It is a price crossing over concept. A moving average VWAP is used for best entries on pullbacks.
Purpose:
--To catch the majority of a trend/wave/run.
--To identify pullback areas to go long or short while in midst of trend. To catch pullbacks off news and earning runners.
--To catch the initial start of trend with clear rules to enter
--Clear rules to exit
Issues
--possibilities of getting ninja sliced the fuck up. Can be mitigated by entering stocks with decent average volume. And also only going long above 200 ema and short below it. ADX won't work, at the initial start of the trend it will show not trending. Can look at blow off volume at the bottom followed by increase in buying for long and vice versa for short.
--Can give some huge gains away through gap ups or gap downs from news or earnings during trend. However, can get huge gain on gaps from news or earning. Nature of the game.
--Need some brass balls and a supply of pepto to stomach through some of the pullbacks. Gut wrenching seeing big gains dwindle. But they all even out at the end, you hope. (see NBEV and IGC, and CRON and others. shit don't go in straight lines, homie)
Pros
--It's simple and easy. Overall, you profit
--works with any security
Cons
--It can be stressful.
--does not work well on lower time frames. Do not recommend going below 15 minutes
--Possibility of working on 5 minutes with a time frame breakout strategy (15,30 min).
Couple it with LazyBear "Weis Wave Volume" indicator. Works well for pullback entries.
Enjoy. Ride some waves.
1 HOUR Trend Friend (BTC)Trend Friend V.1.
-The Trend Friend indicator is tuned for 1 HOUR timeframe (BTC) only to capture the overall trend.
-Signals are meant to be possible entries and profit taking opportunities
-No strategy is 100%
-Fib Band width can be adjusted for instrument and volatility
ABOVE BASIS (Uptrend)
Long signals = buy and hold bias
Short signals = take profit OR scalp opportunities
Price drops below basis, exit Long position
BELOW BASIS (Downtrend)
Short signals = Short and hold bias
Long signals = take profit OR scalp opportunities
Trend BarsThis trading tool identifies when price is in a range and when the trend is established from.
Exclusive for our members.
Parabolic DanyThis script is based on a strategy that includes the following indicators:
EMA at 100 periods;
RSI at 14 periods;
Parabolic SAR;
For the signals to occur the requirements are:
The price must cut the exponential moving average to 100 periods and close over;
The next spark plug must be of the same direction as the one that cut the moving average;
You must break the support or resistance generated by a swing within 20 previous spark plugs;
The Parabolic SAR must be in favor of operation;
The strategy is that you enter the market at the opening of the candle after the signal with a STOP LOSS of 25 pips and a Risk / Yield of 1 or 1.5 and maybe follow the Trailing Stop operation.
Good trading at all.
Bear vs Bull Trend indicator by Atilla YurtsevenHi Traders,
Bear vs Bull Trend indicator helps you to determine the trend direction easily. Using this indicator, you will not need to look for the cross-over anymore. You can simply choose your favorite Trend detection indicator from the properties (sma, wma, ema, linear). I usually use Linear trends.
Disclaimer: All the information in this article, including the algorithm & indicator, was provided and published for informational purposes only and should not be considered legal or financial advice.
PS: Please leave some comments and remember to follow me. I share only the indicators that i use.
Happy trading :)
Atilla Yurtseven
Ichimoku Cloud Score MTFThis is a simple multi time frame (MTF) conversion of the Ichimoku Cloud Score indicator.
All credit goes to the following users for the initial implementations:
- User @dashed :
- User @sjb933 :
This script calculates the Cloud Score based on the sjb933 version; all I've done is convert the script to Pinescript version 3 (to ensure the security function works as intended) and add MTF capability.
I'm a big fan of MTF analysis when using indicators (particularly oscillators). Using a higher time frame runs into the issue of the indicator repainting until the relevant higher time frame candle closes (this is inevitable and logical - so don't comment saying it repaints!). However, for lagging indicators such as this one, adding a lower time frame provides potential entry and exit signals into the larger trend, and also provides early warning of large trend shifts before the current time frame will. This can give you more control over your trades, and in my experience helps lagging indicators such as Ichimoku stay relevant in high volatility markets that are vastly different from when the indicators were conceived.
Any queries please let me know.
Cheers,
RJR
Tillson Moving Average(vwma) singleT3 Moving Average indicator was originally developed by Tim Tillson in 1998/99.
T3 Moving Average is considered as improved and better to traditional moving averages as it is smoother and performs better in trending market conditions.
It offers multiple opportunities when the price is in the state of retracement and therefore allows to minimize your exposed risk and allowing your profits run.
This version provides simple T3 MA
Source options - all standard + HA
T3 based on 6x vwma
Only adds 1 T3 MA on chart
Consider a tip in ETH to
0xac290B4A721f5ef75b0971F1102e01E1942A4578
Thank you and have a nice day
CryptoJoncis
RSI/MFI - MTF - Entry signals/Trend colored bars - JD@version=2
This indicator is designed to give early entry signals as well as to follow trend moves, according to different settings.
The indicator shows a histogram of the RSI ro MFI in relation to an ema of the RSI or MFI.
The histogram is then smoothed to give early reversal/entry signals.
The actual RSI/MFI line with oversold/overbought indication can be displayed or omitted, as preferred.
in addition to the RSI/MFI line or as an alternative to it, the background colour can be set to change folowing the RSI/MFI signals.
The timeframe can be chosen. Higher timeframes (eg. 3h) tend to give less false signals.
version 5.
added support for custom Multiple Time Frame selection.
added option for choice of RSI or MFI as base indicator.
added option for price bar coloring according to the indicator. (deselecting "borders" in the "style" tab is recommended)
price bar coloring can be adjusted for different strategies:
1. following the slope of the histogram (for faster entry/exit signals)
2. according to positive or negative histogram (for longer moves)
3. according to pos. or neg. RSI/MFI (for longer term trend holds)
4. uptrend: biased towards faster buy signals and slower sell signals to stay in the uptrend
5. downtrend: biased towards faster sell signals and slower buy signals to stay in the downtrend
A longer timeframe (eg. 3x) is recommended for following trend moves.
try different strategies to see what works better for RSI or MFI.
JD.
TT3 indicatorHow does this indicator works and what it is?
It consist of 3 T3 moving averages. T3 moving average was developed by by Tim Tillson and is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well.
This indicator works on any stock, index, future or cryptocurrency.
The ways how you can use it:
When the price is above the green band, trade with longs
When the price is below the red band, trade with shorts
When the price crosses down Signal T3 while above the green band, close the long position and reopen it only if price breaks up above the Signal T3 and is above green band.
When the price crosses up Signal T3 while below the red band, close short position. If price drops down below Signal T3, open short position again.
The bands are working as supports and resistances. When price is above the green band and drops, there is a high chance it will bounce back as soon as it hits the Long Band T3. (It will act as support)
When price is below the red band and rises, there is a high chance it will bounce back as soon as it hits the Short Band T3 (it will act as resistance)
Any ideas, feedback and comments will be really helpful.
Consider to tip me if this indicator is any use for you and think that I should make more of them to help the community of traders.
ETH: 0xac290B4A721f5ef75b0971F1102e01E1942A4578
BTC: 39p3rKuJYKGqph1Qs35yEfNWoPvpUJBBcy
Supertrend MTF - multi time frameThis script allows to see the Supetrend of an higher timeframe (in the example above H4 vs Daily)
Add it to you favorites.
It is useful as:
- Higher timeframe trend detector (eg. price below higher timeframe Supertrend -> bullish trend )
- Filter, in combinations with other techniques (eg. price below higher timeframe Supertrend -> only short)
- Signal with the current Supetrend: (eg. when higher timeframe Supetrend and actual timeframe one are both in selling position then take sell trade)
If you find the work useful, please feel free to donate: paypal.me
Any feedback is welcome.
CCI colored barsThis indicator simply colors bars when CCI ( commodity channel index ) is above 0 line (green bars) or below (red bars).
Add it to you favorites .
It is useful as:
- Trend detector (eg. green bars -> bullish trend )
- Filter, in combinations with other techniques (eg. green bars, only long)
- Signal: (eg. green bar -> buy long)
If you find the work useful, please feel free to donate: paypal.me
Any feedback is welcome.
RSI-MTF-Histo-EntryThis indicator gives a histogram of RSI in relation to an ema of the RSI.
The histogram is then smoothed to reduce false signals.
The actualiteit RSI line with overbought/overvols signals can be added or omitted as preferred.
The background can be color coded if the RSI is above or below 50.
Version 2. Added support for MTF. Longer timesframes (1h-3h) tend to give better entry results.
As an example the indicator was added two times, one for the current timeframe and one for a longer timeframe.
"Cycling Willy" Indicator very good tbuy/sell/trend signals!This oscillator is based on the williams%R combined with EMA's for better signals. it shows momentum and ob/os signals and indicates market cycles.
you can switch between the two EMA's for more direct or filtered signals and smooth the %R if needed.
i added 4 alertconditions to be triggered on crossovers of signal EMA and Filter EMA.
please let me know in the comments what you think about the indicator!!
happy trading!
AutoTrendTrader"The Trend is your Friend" is a popular quote and Day-Traders, as well as long-term Investors, build their Strategies on top of this Mantra.
Leverage this Principle by using AutoTrendTrader to ride the Trend and let your Profits run!
Get Email-Alerts with your customized buy and sell signals, or use autoview to trigger and exit the trades.
Features:
Reliable Detection of Up- and Downtrends - this will enable you to enter strong Trends at the right time
Partial Profit Taking - Configure your perfect Mix of taking profits early vs. letting profits run
Reversing Signals - Limit your Draw-Down
Proprietary Algorithms combined with multiple Confirmations via other Technical Indicators
What's included:
AutoTrendTrader Study (generate Signals)
AutoTrendTrader Strategy (backtest your Settings)
This Study was built to be used with autoview . It generates Alerts that can be used as Entry-Signals. Taking Profits will be configured via autoview. You can configure partial profit taking via autoview and exit Positions via the reverse Signal.
But of course this Study can be used to generate Entry-Signals for any Asset and then exit Positions based on your own technical Analysis.
RSI-Histo-Entry_JDThis indicator shows a histogram of the RSI in relation to an ema of the RSI.
The histogram is then smoothed to give early reversal/entry signals.
The actual RSI line with oversold/overbought indication can be displayed or omitted, as preferred.
In addiction to the RSI line or as an alternative to it, the background colour can be set to change folowing the RSI signals.
JD.
Above Below EMA OscillatorGives you an average of which side of the EMA price has close without the noise of the chart. Useful for measuring trend strength or as a trade filter (eg. only go long if above / below)
