Trend and Momentum DashboardI created this indicator to tell me when it's time to trade (going long) and when it's time to wait (or going short).
You can enter up to 13 ticker (default is S&P500 and key market segments).
For each ticker, fibonacci levels are calculated and represented either in 5 color or 3 color mode as single lines.
(Thanks to eykpunter for the fibonacci level implementation. I'm using his code and modified it slightly).
Color coding (5 color mode) explanation:
blue = in uptrend area
light blue = in prudent buyers area
gray = in center area
light red = in prudent sellers area
red = in downtrend area
The topline is a combination of all ticker and shows if the market is either bullish or bearish (threshold adjustable in settings)
The bullish/bearish trend can also be used as background color. Alternatively the last bar in the selected time period is been highlighted.
How to use it:
The indicator works on all timeframes. Use the color coding explanation above to see the status of each asset.
a) You can evaluate "long" term trend using day or week timeframe. e.g. I'm usually trading only long and stay out of the market when it is not bullish (top line & background = blue). I'm also using it to know which segments/assets are currently "hot".
b) You can evaluate short term momentum (using 1h or lower timeframe) and see in which direction the market/assets are moving. e.g. I use this when the exchanges open to see how the day is going to move.
I've attached 3 examples in the screenshot - first is the default, in the second one I'm using different asset classes and the third one is for crypto.
Limitations:
There are security request limits as well as string limitations for the security calls in pine script, so I went to the maximum what is currently possible.
(No financial advise, for testing purposes only)
Trendindicator
Simple EMA trend indicatorSimple EMA trend indicator , pretty straightforward green equates to bullish and usually a retest/wick is often seen , same for the flipside viceversa
Generalized SSL by Vts// Generalized SSL:
// This is the very first time the SSL indicator, whose acronym I ignore, is on Tradingview.
// It is based on moving averages of the highs and lows.
// Similar channel indicators can be found, whereas
// this one implements the persistency inside the channel, which is rather tricky.
// The green line is the base line which decides entries and exits, possibly with trailing stops.
// With respect to the original version, here one can play with different moving averages.
// The default settings are (10,SMA)
//
// Vitelot/Yanez/Vts March 2019
Swing Chart V1 by Phi35 © With this indicator, which plots the swing chart of the 3 degrees, swing traders can automate their work of tracking the right bars.
How it works:
Minor Degree (one bar) (gray)= If the current high is higher than the previous high or the current low is lower than the previous low.
Intermediate Degree (two bar) (baby blue)= If the current high is higher than previous and the penultimate high etc.
Main Degree (three bar) (red)= If the current high is higher than the previous, the penultimate and the high before penultimate high etc.
Alert:
On crossover there will be an alert (popup with a message) and in addition you will see "diamonds" on the place where the crossover took place
If there is an issue or any suggestions, feel free to contact me. Do not modify the code without permission.
Swing Chart V1 by Phi35 ©