Super Trend ReversalsMain Concept
The core idea behind the Super Trend Reversals indicator is to assess the momentum of automated trading bots (often referred to as 'Supertrend bots') that enter the market during critical turning points. Specifically, the indicator is tuned to identify when the market is nearing bottoms or peaks, but just before it shifts direction based on the triggered Supertrend signals. This approach helps traders engage with the market right as the reversal momentum builds up, allowing for entry just as conditions become favorable and exit before momentum wanes.
How It Works
The Super Trend Reversals uses multiple Supertrend calculations, each with different period and multiplier settings, to form a comprehensive view of the trend. The total trend score from these calculations is then analyzed using the Relative Strength Index (RSI) and Exponential Moving Averages (EMA) to gauge the strength and sustainability of the trend.
A key feature of this indicator is the isCurrentRangeSmaller() function, which evaluates if the current price range is lower than the average over the recent period. This function is critical as it helps determine the stability of the market environment, reducing the likelihood of entering or exiting trades based on erratic price movements that could lead to false signals.
التقلب
ATR+Order Block IndicatorThe ATR+Order Block Indicator is a unique and comprehensive tool designed to combine volatility-based analysis with key price action levels to provide traders with reliable entry and exit points. This indicator merges the Average True Range (ATR) for dynamic trailing stop calculation with order block detection to identify significant support and resistance zones on the chart. This combination offers traders a powerful blend of trend-following and price level analysis for improved trading decisions.
How the Components Work Together:
1. ATR-Based Trailing Stop:
• The Average True Range (ATR) is a widely used volatility indicator that measures the degree of price movement over a specified period. In this indicator, the ATR is used to create a trailing stop that dynamically adjusts to market conditions.
• How It Works: The ATR value is multiplied by a user-defined multiplier (ATR Multiplier) to set the distance of the trailing stop from the current price. This trailing stop moves with the price:
• If the price moves upwards, the trailing stop adjusts higher, ensuring it only moves in the direction of the trade.
• If the price moves downwards, the trailing stop adjusts lower accordingly.
• Purpose: This trailing stop helps traders manage risk by automatically adjusting to market volatility, ensuring that stops are not too tight in volatile conditions or too wide in quieter markets. It also helps lock in profits while maintaining a position in the market’s direction.
2. Order Block Detection:
• Order blocks are areas on the chart where significant buying (accumulation) or selling (distribution) has occurred. These zones often act as potential support or resistance levels due to the presence of unfilled buy or sell orders by large institutions or traders.
• How It Works: The indicator identifies the highest high (seller order block) and the lowest low (buyer order block) within a user-defined lookback period. These are plotted on the chart:
• Buyer Order Block: Represents a potential support area where buying interest is likely to reappear.
• Seller Order Block: Represents a potential resistance area where selling interest may reemerge.
• Purpose: By identifying these order blocks, traders can anticipate potential price reversals or continuations, aligning their trades with key market levels where significant buying or selling has occurred.
Justification for Combining These Components:
1. Enhanced Signal Accuracy and Context:
• The combination of ATR-based trailing stops with order block detection provides a dual-layered approach to trade decisions:
• ATR Trailing Stop offers trend-following signals based on volatility, helping traders capture market momentum.
• Order Blocks provide context to these signals by highlighting critical price levels where market participants have previously shown strong interest.
• This fusion allows traders to filter signals more effectively, ensuring trades are aligned with both market trends and key support/resistance zones.
2. Dynamic Risk Management:
• Using the ATR to set a dynamic trailing stop ensures that the stop-loss level adapts to the changing volatility of the market. When combined with order block detection, traders gain an additional layer of risk management:
• Stop Loss Placement: Traders can place stops just outside identified order blocks to protect against sudden price reversals while maintaining a tight stop aligned with current market volatility.
3. Reducing Market Noise and Avoiding False Signals:
• The indicator includes a mechanism to avoid repetitive signals, requiring a minimum gap between signals. This reduces noise and helps traders avoid multiple false entries in choppy market conditions.
• Order Blocks provide additional validation: For example, a buy signal generated near a Buyer Order Block carries more weight, as it aligns both with the ATR-based momentum and a key support area.
4. Improving Entry and Exit Strategies:
• Entry Points: The indicator generates buy (long) signals when the price crosses above the ATR trailing stop and sell (short) signals when it crosses below. These signals are enhanced by considering their proximity to order blocks, ensuring trades are initiated at strategic price levels.
• Exit Points: The ATR trailing stop provides a dynamic exit strategy, allowing trades to run while adjusting to market volatility. Traders can also use order blocks as targets or potential reversal points to exit trades.
5. Providing a Comprehensive Trading Tool:
• This indicator is unique in its integration of volatility and price level analysis, offering a well-rounded approach to trading. It combines the best of both worlds: trend-following momentum with the ATR and price action sensitivity through order blocks, making it suitable for different market conditions and trading styles.
How to Use the Indicator:
• Set the Parameters:
• Choose an ATR Period (default is 10) to define the number of bars for ATR calculation.
• Set the ATR Multiplier (default is 1.5) to adjust the sensitivity of the trailing stop.
• Define the Order Block Lookback Period (default is 20) to determine how many bars back the script will search for order blocks. Recommended 50.
• Interpret the Signals:
• BUY Signal: When the price crosses above the ATR trailing stop, indicating upward momentum. Confirm this signal by checking if it is near a Buyer Order Block.
• SELL Signal: When the price crosses below the ATR trailing stop, indicating downward momentum. Look for proximity to a Seller Order Block for added confidence.
• Monitor and Manage Trades:
• Use the ATR trailing stop for dynamic stop-loss placement.
• Watch for price action around the order blocks to make informed decisions about taking profits or cutting losses.
Conclusion:
The ATR+Order Block Indicator combines volatility and price action analysis in a unique way that offers traders a comprehensive tool for making informed trading decisions. By leveraging the strengths of both ATR-based dynamic stops and order block detection, it provides a balanced approach to trend-following and support/resistance trading, enhancing overall trading effectiveness and confidence.
Rempi Volume
Greetings, dear traders. I present to your attention the concept of a Rempi Volume indicator + info table.
Rempi Volume displays volume in a color palette, where:
gray color - very weak volume,
blue color - weak volume,
green color - normal volume,
orange color - high volume,
red color - very high volume,
purple color - ultra high volume
The indicator also supports the function of displaying a moving average, the default is 20.
The indicator can color bars on the main price chart, depending on how much volume is currently inside the bar.
The Rempi Volume indicator table has the following information for the trader:
Current Bar -information about the current bar: its volume in real time, as well as the percentage of buyers and sellers.
Previous Bar - information about the previous bar: its volume, as well as the percentage of buyers and sellers. (data is updated at bar close)
10 Bar Volume Comparison - data on the volume of buyers or sellers for the previous 10 bars on the chart.
Volume Change - changing the amount of volume between the current and previous bar, in real time.
Average Volume - average trading volume for the current day.
Market Volatility - market volatility and recommendations.
Current Trend - current trend on the market.
RSI - RSI indicator and recommendations.
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Приветствую вас уважаемые трейдеры. Вашему вниманию представляю концепт индикатора объемов Rempi Volume + информативная таблица.
Rempi Volume отображает объем в цветовой палитре , где:
серый цвет - очень слабый объем,
голубой цвет - слабый объем,
зеленый цвет - нормальный объем,
оранжевый цвет - высокий объем,
красный цвет - очень высокий объем,
фиолетовый цвет - ультра высокий объем
Также индикатор поддерживает функцию отображения скользящей средней, по умолчанию равна 20.
Индикатор может окрашивать бары на основном графике цены, в зависимости ,какой объем в данный момент внутри бара.
Таблица индикатора Rempi Volume имеет следующую информацию для трейдера:
Current Bar - информация о текущем баре: его объем в режиме реального времени, а также процентное соотношение покупателей и продавцов.
Previous Bar - информация о предыдущем баре: его объем , а также процентное соотношение покупателей и продавцов. ( данные обновляются на закрытии бара )
10 Bar Volume Comparison - данные об объеме покупателей или продавцов за предыдущие 10 баров на графике.
Volume Change - изменение количества объема между текущим и предыдущим баром,в режиме реального времени.
Average Volume - средний объем торгов за текущий день.
Market Volatility - волатильность рынка и рекомендации.
Current Trend - текущее направление рынка.
RSI - показатель RSI и рекомендации.
Uptrick: Momentum-Volatility Composite Signal### Title: Uptrick: Momentum-Volatility Composite Signal
### Overview
The "Uptrick: Momentum-Volatility Composite Signal" is an innovative trading tool designed to offer traders a sophisticated synthesis of momentum, volatility, volume flow, and trend detection into a single comprehensive indicator. This tool stands out by providing an integrated view of market dynamics, which is critical for identifying potential trading opportunities with greater precision and confidence. Its unique approach differentiates it from traditional indicators available on the TradingView platform, making it a valuable asset for traders aiming to enhance their market analysis.
### Unique Features
This indicator integrates multiple crucial elements of market behavior:
- Momentum Analysis : Utilizes Rate of Change (ROC) metrics to assess the speed and strength of market movements.
- Volatility Tracking : Incorporates Average True Range (ATR) metrics to measure market volatility, aiding in risk assessment.
- Volume Flow Analysis : Analyzes shifts in volume to detect buying or selling pressure, adding depth to market understanding.
- Trend Detection : Uses the difference between short-term and long-term Exponential Moving Averages (EMA) to detect market trends, providing insights into potential reversals or confirmations.
Customization and Inputs
The Uptrick indicator offers a variety of user-defined settings tailored to fit different trading styles and strategies, enhancing its adaptability across various market conditions:
Rate of Change Length (rocLength) : This setting defines the period over which momentum is calculated. Shorter periods may be preferred by day traders who need to respond quickly to market changes, while longer periods could be better suited for position traders looking at more extended trends.
ATR Length (atrLength) : Adjusts the timeframe for assessing volatility. A shorter ATR length can help day traders manage the quick shifts in market volatility, whereas longer lengths might be more applicable for swing or position traders who deal with longer-term market movements.
Volume Flow Length (volumeFlowLength): Determines the analysis period for volume flow to identify buying or selling pressure. Day traders might opt for shorter periods to catch rapid volume changes, while longer periods could serve swing traders to understand the accumulation or distribution phases better.
Short EMA Length (shortEmaLength): Specifies the period for the short-term EMA, crucial for trend detection. Shorter lengths can aid day traders in spotting immediate trend shifts, whereas longer lengths might help swing traders in identifying more sustainable trend changes.
Long EMA Length (longEmaLength): Sets the period for the long-term EMA, which is useful for observing longer-term market trends. This setting is particularly valuable for position traders who need to align with the broader market direction.
Composite Signal Moving Average Length (maLength): This parameter sets the smoothing period for the composite signal's moving average, helping to reduce noise in the signal output. A shorter moving average length can be beneficial for day traders reacting to market conditions swiftly, while a longer length might help swing and position traders in smoothing out less significant fluctuations to focus on significant trends.
These customization options ensure that traders can fine-tune the Uptrick indicator to their specific trading needs, whether they are scanning for quick opportunities or analyzing more prolonged market trends.
### Functionality Details
The indicator operates through a sophisticated algorithm that integrates multiple market dimensions:
1. Momentum and Volatility Calculation : Combines ROC and ATR to gauge the market’s momentum and stability.
2. Volume and Trend Analysis : Integrates volume data with EMAs to provide a comprehensive view of current market trends and potential shifts.
3. Signal Composite : Each component is normalized and combined into a composite signal, offering traders a nuanced perspective on when to enter or exit trades.
The indicator performs its calculations as follows:
Momentum and Volatility Calculation:
roc = ta.roc(close, rocLength)
atr = ta.atr(atrLength)
Volume and Trend Analysis:
volumeFlow = ta.cum(volume) - ta.ema(ta.cum(volume), volumeFlowLength)
emaShort = ta.ema(close, shortEmaLength)
emaLong = ta.ema(close, longEmaLength)
emaDifference = emaShort - emaLong
Composite Signal Calculation:
Normalizes each component (ROC, ATR, volume flow, EMA difference) and combines them into a composite signal:
rocNorm = (roc - ta.sma(roc, rocLength)) / ta.stdev(roc, rocLength)
atrNorm = (atr - ta.sma(atr, atrLength)) / ta.stdev(atr, atrLength)
volumeFlowNorm = (volumeFlow - ta.sma(volumeFlow, volumeFlowLength)) / ta.stdev(volumeFlow, volumeFlowLength)
emaDiffNorm = (emaDifference - ta.sma(emaDifference, longEmaLength)) / ta.stdev(emaDifference, longEmaLength)
compositeSignal = (rocNorm + atrNorm + volumeFlowNorm + emaDiffNorm) / 4
### Originality
The originality of the Uptrick indicator lies in its ability to merge diverse market metrics into a unified signal. This multi-faceted approach goes beyond traditional indicators by offering a deeper, more holistic analysis of market conditions, providing traders with insights that are not only based on price movements but also on underlying market dynamics.
### Practical Application
The Uptrick indicator excels in environments where understanding the interplay between volume, momentum, and volatility is crucial. It is especially useful for:
- Day Traders : Can leverage real-time data to make quick decisions based on sudden market changes.
- Swing Traders : Benefit from understanding medium-term trends to optimize entry and exit points.
- Position Traders : Utilize long-term market trend data to align with overall market movements.
### Best Practices
To maximize the effectiveness of the Uptrick indicator, consider the following:
- Combine with Other Indicators : Use alongside other technical tools like RSI or MACD for additional validation.
- Adapt Settings to Market Conditions : Adjust the indicator settings based on the asset and market volatility to improve signal accuracy.
- Risk Management : Implement robust risk management strategies, including setting stop-loss orders based on the volatility measured by the ATR.
### Practical Examples and Demonstrations
- Example for Day Trading : In a volatile market, a trader notices a sharp increase in the momentum score coinciding with a surge in volume but stable volatility, signaling a potential bullish breakout.
- Example for Swing Trading : On a 4-hour chart, the indicator shows a gradual alignment of decreasing volatility and increasing buying volume, suggesting a strengthening upward trend suitable for a long position.
### Alerts and Their Uses
- Alert Configurations : Set alerts for when the composite score crosses predefined thresholds to capture potential buy or sell events.
- Strategic Application : Use alerts to stay informed of significant market moves without the need to continuously monitor the markets, enabling timely and informed trading decisions.
Technical Notes
Efficiency and Compatibility: The indicator is designed for efficiency, running smoothly across different trading platforms including TradingView, and can be easily integrated with existing trading setups. It leverages advanced mathematical models for normalizing and smoothing data, ensuring consistent and reliable signal quality across different market conditions.
Limitations : The effectiveness of the Uptrick indicator can vary significantly across different market conditions and asset classes. It is designed to perform best in liquid markets where data on volume, volatility, and price trends are readily available and reliable. Traders should be aware that in low-liquidity or highly volatile markets, the signals might be less reliable and require additional confirmation.
Usage Recommendations : While the Uptrick indicator is a powerful tool, it is recommended to use it in conjunction with other analysis methods to confirm signals. Traders should also continuously monitor the performance and adjust settings as needed to align with their specific trading strategies and market conditions.
### Conclusion
The "Uptrick: Momentum-Volatility Composite Signal" is a revolutionary tool that offers traders an advanced methodology for analyzing market dynamics. By combining momentum, volatility, volume, and trend detection into a single, cohesive indicator, it provides a powerful, actionable insight into market movements, making it an indispensable tool for traders aiming to optimize their trading strategies.
Deviation Adjusted MA Overview
The Deviation Adjusted MA is a custom indicator that enhances traditional moving average techniques by introducing a volatility-based adjustment. This adjustment is implemented by incorporating the standard deviation of price data, making the moving average more adaptive to market conditions. The key feature is the combination of a customizable moving average (MA) type and the application of deviation percentage to modify its responsiveness. Additionally, a smoothing layer is applied to reduce noise, improving signal clarity.
Key Components
Customizable Moving Averages
The script allows the user to select from four different types of moving averages:
Simple Moving Average (SMA): A basic average of the closing prices over a specified period.
Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to recent price changes.
Weighted Moving Average (WMA): Weights prices differently, favoring more recent ones but in a linear progression.
Volume-Weighted Moving Average (VWMA): Adjusts the average by trading volume, placing more weight on high-volume periods.
Standard Deviation Calculation
The script calculates the standard deviation of the closing prices over the selected maLength period.
Standard deviation measures the dispersion or volatility of price movements, giving a sense of market volatility.
Deviation Percentage and Adjustment
Deviation Percentage is calculated by dividing the standard deviation by the base moving average and multiplying by 100 to express it as a percentage.
The base moving average is adjusted by this deviation percentage, making the indicator responsive to changes in volatility. The result is a more dynamic moving average that adapts to market conditions.
The parameter devMultiplier is available to scale this adjustment, allowing further fine-tuning of sensitivity.
Smoothing the Adjusted Moving Average
After adjusting the moving average based on deviation, the script applies an additional Exponential Moving Average (EMA) with a length defined by the smoothingLength input.
This EMA serves as a smoothing filter to reduce the noise that could arise from the raw adjustments of the moving average. The smoothing makes trend recognition more consistent and removes short-term fluctuations that could otherwise distort the signal.
Use cases
The Deviation Adjusted MA indicator serves as a dynamic alternative to traditional moving averages by adjusting its sensitivity based on volatility. The script offers extensive customization options through the selection of moving average type and the parameters controlling smoothing and deviation adjustments.
By applying these adjustments and smoothing, the script enables users to better track trends and price movements, while providing a visual cue for changes in market sentiment.
Kijun_ATROVERVIEW
Kijun + ATR is an indicator that combines Lagging Kijun Base Line From Ichimoku Cloud (direction indicator) and Volatility Indicator ATR.
By combining ATR with kijun we can filter out noise from Base Line.
CALCULATIONS
Kijun is calculated by taking average of lowest and highest point of price over set lenght.
ATR is just default Tradingview Indicator that calculates average true range of price over set period of time.
WORKING
When both close > lower and not close < upper are true indicator indicate long by color limeand indicates short when close < upper by color fuchsia (Color can be changed in settings)
Indicator works best in Trending Market Regimes can have problems by signaling tops in Consolidating Market Regimes during bear markets and by sygnaling bottom in short consolidating market regimes during bull market.
Dema AFR | viResearchDema AFR | viResearch
Conceptual Foundation and Innovation
The "Dema AFR" indicator combines the Double Exponential Moving Average (DEMA) with an Average True Range (ATR)-based adaptive factor to create a responsive and adaptable trend-following system. The DEMA is known for its ability to smooth price data while reducing lag, making it highly effective for trend detection. By incorporating the ATR as a volatility factor, this indicator adapts dynamically to market conditions, allowing traders to capture trends while accounting for changes in volatility. The result is the Adaptive Factor Range (AFR), which provides clear signals for potential trend shifts and helps manage risk through its adaptive nature. This combination of DEMA smoothing and an ATR-based factor enables traders to follow trends more effectively while maintaining sensitivity to changing market conditions.
Technical Composition and Calculation
The "Dema AFR" script consists of two main components: the Double Exponential Moving Average (DEMA) and the Adaptive Factor Range (AFR). The DEMA is calculated over a user-defined length, smoothing out price fluctuations while reducing lag compared to traditional moving averages. The ATR is used to create a dynamic factor that adjusts the AFR based on market volatility. The factor is calculated by multiplying the ATR by a user-defined factor value, which scales the ATR to define upper and lower bounds for the AFR. The Adaptive Factor Range is derived from the DEMA, with upper and lower bounds set by adding or subtracting the ATR-based factor from the DEMA. When the price moves outside these bounds, the AFR is adjusted, and signals are generated. If the lower bound is exceeded, the AFR adjusts upward, while exceeding the upper bound causes the AFR to adjust downward. This dynamic adjustment helps the indicator stay responsive to market movements.
Features and User Inputs
The "Dema AFR" script provides several customizable inputs, allowing traders to tailor the indicator to their strategies. The DEMA Length controls the smoothing period for the DEMA, while the ATR Period defines the window for calculating the Average True Range. The ATR Factor determines the scale of the adaptive factor, controlling how much the AFR adjusts to volatility. Additionally, customizable bar colors and alert conditions allow traders to visualize the trend direction and receive notifications when key trend shifts occur.
Practical Applications
The "Dema AFR" indicator is designed for traders who want to capture trends while adapting to market volatility. The adaptive nature of the AFR makes it responsive to trend changes, providing early signals of potential trend reversals as the AFR adjusts to market movements. By incorporating ATR into the AFR calculation, the indicator adjusts to changing volatility, helping traders manage risk by staying aligned with market conditions. The AFR also helps confirm whether a price move is supported by momentum, improving the accuracy of trade entries and exits.
Advantages and Strategic Value
The "Dema AFR" script offers a significant advantage by combining the smoothness of the DEMA with the adaptability of the ATR-based factor. This dynamic combination allows the indicator to adjust to market conditions, providing more reliable trend signals in both trending and volatile markets. The adaptive nature of the AFR reduces the risk of false signals and helps traders stay on the right side of the trend while managing risk through volatility-adjusted ranges.
Alerts and Visual Cues
The script includes alert conditions that notify traders of key trend changes. The "Dema AFR Long" alert is triggered when the AFR indicates a potential upward trend, while the "Dema AFR Short" alert signals a potential downward trend. Visual cues such as color changes in the bar chart help traders quickly identify shifts in trend direction, allowing them to make informed decisions in real time.
Summary and Usage Tips
The "Dema AFR | viResearch" indicator provides traders with a powerful tool for trend analysis by combining DEMA smoothing with an ATR-based adaptive factor. This script helps traders stay aligned with trends while accounting for market volatility, improving their ability to detect trend reversals and manage risk. By incorporating this indicator into your trading strategy, you can make more informed decisions, whether in trending or volatile market environments. The "Dema AFR" offers a reliable and flexible solution for traders at all levels.
Note: Backtests are based on past results and are not indicative of future performance.
Kalman PSaR [BackQuant]Kalman PSaR
Overview and Innovation
The Kalman PSaR combines the well-known Parabolic SAR (PSaR) with the advanced smoothing capabilities of the Kalman Filter . This innovative tool aims to enhance the traditional PSaR by integrating Kalman filtering, which reduces noise and improves trend detection. The Kalman PSaR adapts dynamically to price movements, making it a highly effective indicator for spotting trend shifts while minimizing the impact of false signals caused by market volatility.
Please Find the Basic Kalman Here:
Kalman Filter Dynamics
The Kalman Filter is a powerful algorithm for estimating the true value of a system amidst noisy data. In the Kalman PSaR, this filter is applied to the high, low, and closing prices, resulting in a smoother and more accurate representation of price action. The filter’s parameters—process noise and measurement noise—are customizable, allowing traders to fine-tune the sensitivity of the indicator to market conditions. By reducing the impact of noise, the Kalman-filtered PSaR offers clearer signals for identifying trend reversals and continuations.
Enhanced PSaR Calculation
The traditional Parabolic SAR is a popular trend-following indicator that highlights potential entry and exit points based on price acceleration. In the Kalman PSaR, this calculation is enhanced by the Kalman-filtered prices, providing a smoother and more reliable signal. The indicator continuously updates based on the acceleration factor and max step values, while the Kalman filter ensures that sudden price spikes or market noise do not trigger false signals.
Min Step and Max Step: These settings control the sensitivity of the PSaR. The Min Step sets the initial acceleration factor, while the Max Step limits how fast the PSaR adapts to price changes, helping traders fine-tune the indicator’s responsiveness.
Optional Smoothing Techniques To further enhance the signal clarity, the Kalman PSaR includes an optional smoothing feature. Traders can choose from various smoothing methods, such as SMA, Hull, EMA, WMA, TEMA, and more, to reduce short-term fluctuations and emphasize the underlying trend. The smoothing period is customizable, allowing traders to adjust the indicator’s behavior according to their preferred trading style and timeframe.
Color-Coded Candle Painting The Kalman PSaR features color-coded candles that change according to the trend direction. When the price is above the PSaR, candles are painted green to indicate a long trend, and when the price is below the PSaR, candles are painted red to signal a short trend. This visual representation makes it easy to interpret market sentiment at a glance, improving decision-making speed during fast-moving markets.
Key Features and Customization
Kalman Filter Customization: The process noise and measurement noise parameters allow traders to adjust how aggressively the filter adapts to price changes, making it suitable for both volatile and stable markets.
Smoothing Options: A variety of moving average types, such as SMA, Hull, EMA, and more, can be applied to smooth the PSaR values, ensuring that the signal remains clear even in choppy markets.
Dynamic Trend Detection: The Kalman PSaR dynamically updates based on price movements, helping traders spot trend reversals early while filtering out false signals caused by short-term volatility.
Bar Coloring and PSaR Plotting: Traders can choose to color candles based on trend direction or plot the PSaR directly on the chart for additional visual clarity.
Practical Applications
Trend-Following Strategies: The Kalman PSaR excels in trend-following strategies by providing timely signals of trend changes. The dynamic nature of the indicator allows traders to capture significant price movements while avoiding market noise.
Reversal Identification: The indicator’s ability to filter out noise and provide smoother signals makes it ideal for identifying reversals in volatile markets.
Risk Management: By plotting clear stop levels based on the PSaR, traders can use this indicator to effectively manage risk, placing stop-loss orders at key points based on the trend direction.
Conclusion
The Kalman PSaR is a fusion of the classic Parabolic SAR and the Kalman filter, offering enhanced trend detection with reduced noise. Its customizable filtering and smoothing options, combined with dynamic trend-following capabilities, make it a versatile tool for traders seeking to improve their timing and signal accuracy. The adaptive nature of the Kalman filter, combined with the robust PSaR logic, helps traders stay on the right side of the market and manage risk more effectively.
Kalman Filter RoC with Adaptive Thresholds [BackQuant]Kalman Filter RoC with Adaptive Thresholds
Another Kalman Script !!
Please Find the Basic Kalman Here:
Overview and Purpose
The Kalman Filter RoC with Adaptive Thresholds is an advanced tool designed for traders seeking to refine their trend detection and momentum analysis. By combining the robustness of the Kalman filter with the Rate of Change (RoC) indicator, this tool offers a highly responsive and adaptive method to identify shifts in market trends. The inclusion of adaptive thresholding further enhances the indicator’s precision by dynamically adjusting to market volatility, providing traders with reliable entry and exit signals.
Kalman Filter Dynamics
The Kalman Filter is renowned for its ability to estimate the true state of a system amidst noisy data. In this indicator, the Kalman filter is applied to the price data to smooth out fluctuations and generate a more accurate representation of the underlying trend. This is particularly useful in volatile markets where noise can obscure the true direction of price movements. The Kalman filter adapts in real-time based on user-defined parameters, such as process noise and measurement noise, making it highly customizable for different market conditions.
Rate of Change (RoC) and Smoothing The Rate of Change (RoC) is a classic momentum indicator that measures the percentage change in price over a specific period. By integrating it with the Kalman-filtered price, the RoC becomes more responsive to genuine price trends while filtering out short-term noise. An optional smoothing feature using the ALMA (Arnaud Legoux Moving Average) further refines the signal, allowing traders to adjust the calculation length and smoothing factor (sigma) for even greater precision.
Adaptive Thresholds A key innovation in this indicator is the adaptive thresholding mechanism. Traditional RoC indicators rely on static thresholds to identify overbought or oversold conditions, but the Kalman Filter RoC adapts these thresholds dynamically. The adaptive thresholds are calculated based on the historical volatility of the filtered RoC values, allowing the indicator to adjust in response to changing market conditions. This feature reduces the risk of false signals in choppy or highly volatile markets.
Divergence Detection The Kalman Filter RoC also includes divergence detection, helping traders identify when the momentum of the RoC diverges from the price action. Divergences can often signal potential reversals or trend continuations, making them a valuable tool in any trader’s toolkit. Regular and hidden divergences are plotted directly on the chart, providing visual cues for traders to act upon.
Customization and Flexibility This indicator offers a wide range of customization options, making it suitable for various trading strategies and market conditions:
Process Noise & Measurement Noise: These parameters control how sensitive the Kalman filter is to price changes and help traders fine-tune the balance between noise reduction and signal responsiveness.
ALMA Smoothing: Traders can apply ALMA smoothing to the RoC signal to reduce short-term volatility and improve signal clarity.
Adaptive Threshold Calculation Period: The length of the lookback period for the adaptive thresholds can be adjusted, allowing traders to tailor the indicator to fit their specific trading style.
Practical Applications
Trend Detection: The Kalman-filtered RoC helps identify shifts in momentum, making it easier for traders to spot emerging trends early. The dynamic thresholding ensures that these signals are reliable, even in volatile markets.
Divergence Trading: Divergences between the RoC and price action are clear indicators of potential trend reversals. The visual plotting of divergences simplifies the process of identifying these opportunities.
Momentum Analysis: The combination of Kalman filtering and RoC provides a smoother, more accurate view of market momentum, helping traders stay on the right side of the market.
Conclusion
The Kalman Filter RoC is a powerful and adaptable tool that merges advanced filtering techniques with momentum analysis. Its real-time responsiveness and dynamic thresholding make it a highly effective indicator for identifying trends, managing risk, and capitalizing on divergence signals. Traders looking to enhance their trend-following or momentum strategies will find this indicator to be a valuable addition to their toolkit.
Thus following all of the key points here are some sample backtests on the 1D Chart
Disclaimer: Backtests are based off past results, and are not indicative of the future.
INDEX:BTCUSD
INDEX:ETHUSD
BINANCE:SOLUSD
Adaptive Momentum Oscillator [BackQuant]Adaptive Momentum Oscillator
Please take time to read the following.
Conceptual Foundation and Innovation
The Adaptive Momentum Oscillator brings a new approach to momentum trading by introducing percentile-based adaptive thresholding. Unlike traditional momentum oscillators that rely on static overbought and oversold levels, this indicator adjusts dynamically to changing market conditions, providing more relevant signals in real-time. By combining percentile-based thresholds with a smoothed momentum oscillator, this tool allows traders to detect trend shifts with a higher degree of accuracy.
Technical Composition and Calculation
The core of this oscillator uses a lookback period to calculate the highest and lowest values of a smoothed price source (using a non-robust moving average). These values are then used to compute the oscillator, which normalizes the current price between the lookback high and low. The true innovation lies in its adaptive thresholds, which adjust based on percentiles of past oscillator values over a user-defined lookback period.
Lookback Period: The indicator checks the highest and lowest smoothed price over a set period, which becomes the basis for calculating momentum.
Percentile-Based Thresholds: The upper and lower thresholds are dynamically set at user-defined percentiles of historical momentum values, allowing the oscillator to adapt to the volatility and strength of the market.
Smoothing Length: Users can adjust the smoothing of the source input to fine-tune the sensitivity of the oscillator.
Features and User Inputs offer a host of customizable settings to suit different market conditions and trading strategies:
Adaptive Thresholding: Traders can set the lookback period and define the percentile levels for the upper (long) and lower (short) thresholds. This provides the ability to dynamically adjust to changing market conditions and avoid static thresholds that may become irrelevant over time.
Signal Line Customization: Users can configure the signal line width, colors for long, short, and neutral conditions, and choose whether to display adaptive threshold lines on the chart.
Candle Coloring: An optional feature allows traders to color the price bars based on the oscillator's trend signal, adding a visual confirmation layer for trend shifts.
Practical Applications
This oscillator is particularly effective in markets where the strength and direction of momentum are essential for identifying potential trend reversals or confirming ongoing trends. Traders can leverage the Adaptive Momentum Oscillator to:
Capture Adaptive Trends: The percentile-based thresholds adjust dynamically, ensuring that traders catch significant trends while filtering out market noise.
Avoid False Signals: By adapting to historical momentum levels, the oscillator reduces the risk of false breakouts or breakdowns, allowing for more reliable entries and exits.
Optimize Entries and Exits: With dynamically adjusting thresholds, the oscillator helps traders time their positions more effectively, minimizing the risk of getting caught in choppy or uncertain markets.
Advantages and Strategic Value
It offers a clear advantage over traditional static oscillators by continuously adjusting its sensitivity to market conditions. The adaptive percentile thresholds ensure that the indicator remains relevant, regardless of changes in volatility or market direction. This feature, combined with a customizable UI, makes the Adaptive Momentum Oscillator a powerful tool for traders looking to refine their momentum-based strategies with dynamic thresholds.
Summary and Usage Tips
The Adaptive Momentum Oscillator is a versatile tool for both trend-following and contrarian traders. Its dynamic nature allows for better alignment with current market conditions, while its user-friendly inputs offer extensive customization options. Traders are encouraged to experiment with the percentile-based threshold settings to find the optimal balance between signal sensitivity and noise reduction, particularly in fast-moving or volatile markets.
This indicator is best used in combination with other trend-confirmation tools, offering a dynamic layer to your trading system.
Thus following all of the key points here are some sample backtests on the 1D Chart
Disclaimer: Backtests are based off past results, and are not indicative of the future.
INDEX:BTCUSD
INDEX:ETHUSD
BINANCE:SOLUSD
RSI Standard Deviation | viResearchRSI Standard Deviation | viResearch
The "RSI Standard Deviation" indicator, developed by viResearch, introduces a new approach to combining the Relative Strength Index (RSI) with a standard deviation measure to offer a more dynamic view of market momentum. By applying standard deviation to the RSI values, this indicator refines the traditional RSI, providing a more precise and adaptive way to measure overbought and oversold conditions. This unique combination allows traders to better understand the underlying volatility in RSI movements, leading to more informed decisions in trending and ranging markets.
Technical Composition and Calculation:
The core of the "RSI Standard Deviation" lies in calculating the RSI based on user-defined input parameters and then applying standard deviation to these RSI values. This method enhances the sensitivity of the RSI, making it more responsive to market volatility.
RSI Calculation:
RSI Length (len): The script computes the Relative Strength Index over a customizable length (default: 21), offering a traditional measure of momentum in the market. The RSI tracks the speed and change of price movements, oscillating between 0 and 100 to indicate overbought and oversold conditions.
Standard Deviation Applied to RSI:
Standard Deviation Length (sdlen): The script calculates the standard deviation of the RSI values over a user-defined period (default: 35). This standard deviation represents the volatility in RSI movements, adding a new layer of analysis to traditional RSI.
Upper (u) and Lower (d) Bands:
The standard deviation values are used to create upper and lower bands around the RSI, offering an adaptive range that expands or contracts based on market volatility. This helps traders identify moments when the market is more likely to reverse or continue its trend.
Trend Identification:
Uptrend (L): The script identifies an uptrend when the RSI moves above the lower band and stays above the midline (50). This indicates that the market is gaining upward momentum, potentially signaling a long position.
Downtrend (S): A downtrend is identified when the RSI moves below 50, suggesting a weakening market and a potential short position.
Features and User Inputs:
The "RSI Standard Deviation" script offers various customization options, enabling traders to tailor it to their specific needs and strategies:
RSI Length: Traders can adjust the length of the RSI calculation to control how quickly the indicator responds to price movements.
Standard Deviation Length: Adjusting the standard deviation length allows users to control the sensitivity of the upper and lower bands, fine-tuning the indicator’s responsiveness to market volatility.
Source Input: The script can be applied to different price sources, offering flexibility in how it calculates RSI and standard deviation values.
Practical Applications:
The "RSI Standard Deviation" indicator is particularly useful in volatile markets, where traditional RSI may produce false signals due to rapid price movements. By adding a standard deviation measure, traders can filter out noise and better identify trends.
Key Uses:
Trend Following: The standard deviation bands provide a clearer view of momentum shifts in the RSI, allowing traders to follow the trend more confidently.
Volatility Assessment: The indicator dynamically adjusts to market volatility, making it easier to assess when the market is overbought or oversold and when a trend reversal is likely.
Signal Confirmation: By comparing the RSI to the adaptive standard deviation bands, traders can confirm signals and avoid false entries during periods of high volatility.
Advantages and Strategic Value:
The "RSI Standard Deviation" offers several advantages:
Enhanced Precision: The combination of RSI and standard deviation results in a more refined momentum indicator that adapts to market conditions.
Noise Reduction: The standard deviation bands help filter out short-term market noise, making it easier to identify significant trend changes.
Dynamic Volatility Awareness: By using standard deviation, the indicator adjusts its bands based on real-time volatility, providing more accurate overbought and oversold signals.
Summary and Usage Tips:
The "RSI Standard Deviation" is a powerful tool for traders looking to enhance their RSI analysis with volatility measures. For optimal performance, traders should experiment with different RSI and standard deviation lengths to suit their trading timeframe and strategy. Whether used to follow trends or confirm momentum signals, the "RSI Standard Deviation" provides a reliable and adaptive solution for modern trading environments.
Inverted SD Dema RSI | viResearchInverted SD Dema RSI | viResearch
The "Inverted SD Dema RSI" developed by viResearch introduces a new approach to trend analysis by combining the Double Exponential Moving Average (DEMA), Standard Deviation (SD), and Relative Strength Index (RSI). This unique indicator provides traders with a tool to capture market trends by integrating volatility-based thresholds. By using the smoothed DEMA along with standard deviation, the indicator offers improved responsiveness to price fluctuations, while RSI thresholds offer insight into overbought and oversold market conditions.
At the core of the "Inverted SD Dema RSI" is the combination of DEMA and standard deviation for a more nuanced view of market volatility. The use of RSI further aids in detecting price extremes and potential trend reversals.
DEMA Calculation (sublen): The Double Exponential Moving Average (DEMA) smoothes out price data over a user-defined period, reducing lag compared to traditional moving averages. This provides a clearer representation of the market's overall direction.
Standard Deviation Calculation (sublen_2): The standard deviation of the DEMA is used to define the upper (u) and lower (d) bands, highlighting areas where price volatility may signal a change in trend. These dynamic bands help traders gauge price volatility and potential breakouts or breakdowns.
RSI Calculation (len): The script applies the Relative Strength Index (RSI) to the smoothed DEMA values, allowing traders to detect momentum shifts based on a modified data set. This provides a more accurate reflection of market strength when combined with the DEMA.
Thresholds: The RSI is compared to user-defined thresholds (70 for overbought and 55 for oversold conditions). These thresholds help in identifying potential market reversals, especially when the price breaks outside of the calculated standard deviation bands.
Uptrend (L): An uptrend signal is generated when the RSI exceeds the upper threshold (70) and the price is not above the upper standard deviation band, indicating that there may be room for further price appreciation.
Downtrend (S): A downtrend signal occurs when the RSI falls below the lower threshold (55), indicating that the price may continue to decline.
The "Inverted SD Dema RSI" offers a wide range of customizable settings, allowing traders to adjust the indicator based on their trading style or market conditions.
DEMA Length (sublen): Controls the period used to smooth the price data, impacting the sensitivity of the DEMA to recent price movements.
Standard Deviation Length (sublen_2): Defines the length over which the standard deviation is calculated, helping traders control the width of the upper and lower bands.
RSI Length (len): Adjusts the period used for the RSI calculation, providing flexibility in determining overbought and oversold conditions.
RSI Thresholds: Traders can define their own levels for detecting trend reversals, with default values of 70 for an uptrend and 55 for a downtrend.
The "Inverted SD Dema RSI" is particularly well-suited for traders looking to capture trends while accounting for volatility and momentum. By using a smoothed DEMA as the foundation, it effectively filters out noise, making it ideal for detecting reliable trends in volatile markets.
Key Uses:
Trend Following: The indicator’s combination of DEMA, standard deviation, and RSI helps traders follow trends more effectively by reducing noise and identifying key momentum shifts.
Volatility Filtering: The use of standard deviation bands provides a dynamic measure of volatility, ensuring that traders are aware of potential breakouts or breakdowns in the market.
Momentum Detection: The inclusion of RSI ensures that the indicator is not only focused on trend direction but also on the strength of the underlying momentum, helping traders avoid entering trades during weak trends.
The "Inverted SD Dema RSI" provides several key advantages over traditional trend-following indicators:
Reduced Lag: The use of DEMA ensures faster trend detection, reducing the lag associated with simple moving averages.
Noise Reduction: The integration of standard deviation helps filter out irrelevant price movements, making it easier to identify significant trends.
Momentum Awareness: The addition of RSI provides valuable insight into the strength of trends, helping traders avoid false signals during periods of weak momentum.
The "Inverted SD Dema RSI" offers a powerful blend of trend-following and momentum detection, making it a versatile tool for modern traders. By integrating DEMA, standard deviation, and RSI, the indicator provides a comprehensive view of market trends and volatility. Traders are encouraged to experiment with different settings for the DEMA length, standard deviation, and RSI thresholds to fine-tune the indicator for their specific trading strategies. Whether used for trend confirmation, volatility assessment, or momentum analysis, the "Inverted SD Dema RSI" offers a valuable tool for traders seeking a comprehensive approach to market analysis.
Volume-Price PercentileDescription:
The "Volume-Price Percentile Live" indicator is designed to provide real-time analysis of the relationship between volume percentiles and price percentiles on any given timeframe. This tool helps traders assess market activity by comparing how current volume levels rank relative to historical volume data and how current price movements (specifically high-low ranges) rank relative to historical price data. The indicator visualizes the ratio of volume percentile to price percentile as a histogram, allowing traders to gauge the relative strength of volume against price movements in real time.
Functionality:
Volume Percentile: Calculates the percentile rank of the current volume within a user-defined rolling period (default is 30 bars). This percentile indicates where the current volume stands in comparison to historical volumes over the specified period.
Price Percentile: Calculates the percentile rank of the current candle's high-low difference within a user-defined rolling period (default is 30 bars). This percentile reflects the current price movement's strength relative to past movements over the specified period.
Percentile Ratio (VP Ratio): The indicator plots the ratio of the volume percentile to the price percentile. This ratio helps identify periods when volume is significantly higher or lower relative to price movement, providing insights into potential market imbalances or strength.
Real-Time Data: By fetching data from a lower timeframe (e.g., 1-minute), the indicator updates continuously within the current timeframe, offering live, intra-candle updates. This ensures that traders can see the histogram change in real-time as new data becomes available, without waiting for the current candle to close.
How to Use:
Adding the Indicator: To use this indicator, add it to your chart on TradingView by selecting it from the Indicators list once it is published publicly.
Setting Parameters:
Volume Period Length: This input sets the rolling window length for calculating the volume percentile (default is 30). You can adjust it based on the desired sensitivity or historical period relevance.
Candle Period Length: This input sets the rolling window length for calculating the price percentile based on the high-low difference of candles (default is 30). Adjust this to match your trading style or analysis period.
Interpreting the Histogram:
The histogram represents the volume percentile divided by the price percentile.
Above 1: A value greater than 1 indicates that volume is relatively strong compared to price movement, which may suggest high activity or potential accumulation/distribution phases.
Below 1: A value less than 1 suggests that price movement is relatively stronger than volume, indicating potential weakness in volume relative to price moves.
Near 1: Values close to 1 suggest a balanced relationship between volume and price movement.
Application: Use this indicator to identify potential breakout or breakdown scenarios, assess the strength of price movements, and confirm trends. When volume percentile consistently leads price percentile, it might signal sustained interest and support for the current price trend. Conversely, if volume percentile lags significantly, it might warn of potential trend weakness.
Best Practices:
Multiple Timeframe Analysis: While the indicator provides real-time updates on any timeframe, consider using it alongside higher timeframe analysis to confirm trends and volume behavior across different periods.
Customization: Adjust the period lengths based on the asset’s typical volume and price behavior, as well as your trading strategy (e.g., short-term scalping vs. long-term trend following).
Complement with Other Indicators: Use this indicator in conjunction with other volume-based tools, trend indicators, or momentum oscillators to gain a comprehensive view of market dynamics.
Median Standard Deviation | viResearchMedian Standard Deviation | viResearch
The "Median Standard Deviation" indicator, developed by viResearch, introduces a unique combination of median smoothing and standard deviation to detect trends and volatility in market data. This tool provides traders with a stable and accurate measure of price trends by integrating median smoothing with a customized calculation of the standard deviation. This innovative approach allows for enhanced sensitivity to market fluctuations while filtering out short-term price noise.
Technical Composition and Calculation:
The "Median Standard Deviation" indicator incorporates median smoothing and dynamic standard deviation calculations to build upon traditional volatility measures.
Median Smoothing:
DEMA Calculation (len_dema): The script applies a Double Exponential Moving Average (DEMA) to smooth the price data over a user-defined period, reducing noise and helping traders focus on broader market trends.
Median Calculation (median_len): The smoothed DEMA data is further refined by calculating the 50th percentile (median) over a specified length, ensuring that the central tendency of price data is captured more accurately than with a simple moving average.
Volatility Measurement:
ATR Calculation (atr_len, atr_mul): The script incorporates the Average True Range (ATR) to measure market volatility. The user-defined ATR multiplier is applied to this value to calculate upper and lower trend bands around the median, providing a dynamic measure of potential price movement based on recent volatility.
Standard Deviation Analysis:
Standard Deviation Calculation (len_sd): The script calculates the standard deviation of the median over a user-defined length, providing another layer of volatility measurement. The upper and lower standard deviation bands (sdd, sdl) act as additional indicators of price extremes.
Trend Detection:
Trend Logic: The indicator uses the calculated bands to identify whether the price is moving within or outside the standard deviation and ATR bands. Crosses above or below these bands are used to signal potential uptrends or downtrends, offering traders a clear view of market direction.
Features and User Inputs:
The "Median Standard Deviation" script offers a variety of user inputs to customize the indicator to suit traders' styles and market conditions:
DEMA Length: Allows traders to adjust the sensitivity of the DEMA smoothing to control the amount of noise filtered from the price data.
Median Length: Users can define the length over which the median price is calculated, providing flexibility in capturing short-term or long-term trends.
ATR Length and Multiplier: These inputs let traders fine-tune the ATR calculation, affecting the size of the dynamic upper and lower bands.
Standard Deviation Length: Controls how the standard deviation is calculated, allowing for further customization in detecting price volatility.
Practical Applications:
The "Median Standard Deviation" indicator is particularly effective in volatile markets where price swings can lead to false signals using traditional methods. By combining median smoothing and standard deviation, this tool provides a more robust analysis of trends and price movements.
Key Uses:
Trend Following: The upper and lower bands provide clear signals for entering and exiting trades based on whether the price is moving outside the calculated ranges.
Volatility Detection: The integration of ATR and standard deviation bands allows traders to assess market volatility in real time, enabling more informed trading decisions.
Noise Reduction: The use of median smoothing ensures that short-term price fluctuations do not interfere with broader trend analysis, making this indicator ideal for traders looking to avoid whipsaws in volatile markets.
Advantages and Strategic Value:
The "Median Standard Deviation" indicator offers several key advantages:
Precision in Trend Detection: The combination of median smoothing and standard deviation allows traders to detect trends with greater accuracy, reducing the risk of false signals.
Customization: With several adjustable parameters, traders can fine-tune the indicator to suit different timeframes and trading strategies.
Volatility Sensitivity: By incorporating ATR and standard deviation, this indicator provides an adaptive measure of market volatility, ensuring that traders are always aware of potential price swings.
Summary and Usage Tips:
The "Median Standard Deviation" indicator is a powerful tool for traders looking to refine their analysis of market trends and volatility. Its combination of median smoothing and standard deviation provides a nuanced view of market movements, helping traders make better-informed decisions. It's recommended to experiment with the various input parameters to optimize the indicator for specific needs, whether used for trend detection, volatility analysis, or noise reduction. The "Median Standard Deviation" offers a reliable and adaptable solution for modern trading strategies.
Please keep in mind the following text: Backtests are based on past results and are not indicative of future performance.
Uptrick: Dual Moving Average Volume Oscillator
Title: Uptrick: Dual Moving Average Volume Oscillator (DPVO)
### Overview
The "Uptrick: Dual Moving Average Volume Oscillator" (DPVO) is an advanced trading tool designed to enhance market analysis by integrating volume data with price action. This indicator is specially developed to provide traders with deeper insights into market dynamics, making it easier to spot potential entry and exit points based on volume and price interactions. The DPVO stands out by offering a sophisticated approach to traditional volume analysis, setting it apart from typical volume indicators available on the TradingView platform.
### Unique Features
Unlike traditional indicators that analyze volume and price movements separately, the DPVO combines these two critical elements to offer a comprehensive view of market behavior. By calculating the Volume Impact, which involves the product of the exponential moving averages (EMAs) of volume and the price range (close - open), this indicator highlights significant trading activities that could indicate strong buying or selling pressure. This method allows traders to see not just the volume spikes, but how those spikes relate to price movements, providing a clearer picture of market sentiment.
### Customization and Inputs
The DPVO is highly customizable, catering to various trading styles and strategies:
- **Oscillator Length (`oscLength`)**: Adjusts the period over which the volume and price difference is analyzed, allowing traders to set it according to their trading timeframe.
- **Fast and Slow Moving Averages (`fastMA` and `slowMA`)**: These parameters control the responsiveness of the DPVO. A shorter `fastMA` coupled with a longer `slowMA` can help in identifying trends quicker or smoothing out market noise for more conservative approaches.
- **Signal Smoothing (`signalSmooth`)**: This input helps in reducing signal noise, making the crossover and crossunder points between the DVO and its smoothed signal line clearer and easier to interpret.
### Functionality Details
The DPVO operates through a sequence of calculated steps that integrate volume data with price movement:
1. **Volume Impact Calculation**: This is the foundational step where the product of the EMA of volume and the EMA of price range (close - open) is calculated. This metric highlights trading sessions where significant volume accompanies substantial price movements, suggesting a strong market response.
2. **Dynamic Volume Oscillator (DVO)**: The heart of the indicator, the DVO, is derived by calculating the difference between the fast EMA and the slow EMA of the Volume Impact. This result is then normalized by dividing by the EMA of the volume over the same period to scale the output, making it consistent across various trading environments.
3. **Signal Generation**: The final output is smoothed using a simple moving average of the DVO to filter out market noise. Buy and sell signals are generated based on the crossover and crossunder of the DVO with its smoothed version, providing clear cues for market entry or exit.
### Originality
The DPVO's originality lies in its innovative integration of volume and price movement, a novel approach not typically observed in other volume indicators. By analyzing the product of volume and price change EMAs, the DPVO captures the essence of market dynamics more holistically than traditional tools, which often only reflect volume levels without contextualizing them with price actions. This dual analysis provides traders with a deeper understanding of market forces, enabling them to make more informed decisions based on a combination of volume surges and significant price movements. The DPVO also introduces a unique normalization and smoothing technique that refines the oscillator's output, offering cleaner and more reliable signals that are adaptable to various market conditions and trading styles.
### Practical Application
The DPVO excels in environments where volume plays a crucial role in validating price movements. Traders can utilize the buy and sell signals generated by the DPVO to enhance their decision-making process. The signals are plotted directly on the trading chart, with buy signals appearing below the price bars and sell signals above, ensuring they are prominent and actionable. This setup is particularly useful for day traders and swing traders who rely on timely and accurate signals to maximize their trading opportunities.
### Best Practices
To maximize the effectiveness of the DPVO, traders should consider the following best practices:
- **Market Selection**: Use the DPVO in markets known for strong volume-price correlation such as major forex pairs, popular stocks, and cryptocurrencies.
- **Signal Confirmation**: While the DPVO provides powerful signals, confirming these signals with additional indicators such as RSI or MACD can increase trade reliability.
- **Risk Management**: Always use stop-loss orders to manage risks associated with trading signals. Adjust the position size based on the volatility of the asset to avoid significant losses.
### Practical Example + How to use it
Practical Example1: Day Trading Cryptocurrencies
For a day trader focusing on the highly volatile cryptocurrency market, the DPVO can be an effective tool on a 15-minute chart. Suppose a trader is monitoring Bitcoin (BTC) during a period of high market activity. The DPVO might show an upward crossover of the DVO above its smoothed signal line while also indicating a significant increase in volume. This could signal that strong buying pressure is entering the market, suggesting a potential short-term rally. The trader could enter a long position based on this signal, setting a stop-loss just below the recent support level to manage risk. If the DPVO later shows a crossover in the opposite direction with decreasing volume, it might signal a good exit point, allowing the trader to lock in profits before a potential pullback.
- **Swing Trading Stocks**: For a swing trader looking at stocks, the DPVO could be applied on a daily chart. If the oscillator shows a consistent downward trend along with increasing volume, this could suggest a potential sell-off, providing a sell signal before a significant downturn.
You can look for:
--> Increase in volume - You can use indicators like 24-hour-Volume to have a better visualization
--> Uptrend/Downtrend in the indicator (HH, HL, LL, LH)
--> Confirmation (Buy signal/Sell signal)
--> Correct Price action (Not too steep moves up or down. Stable moves.) (Optional)
--> Confirmation with other indicators (Optional)
Quick image showing you an example of a buy signal on SOLANA:
### Technical Notes
- **Calculation Efficiency**: The DPVO utilizes exponential moving averages (EMAs) in its calculations, which provides a balance between responsiveness and smoothing. EMAs are favored over simple moving averages in this context because they give more weight to recent data, making the indicator more sensitive to recent market changes.
- **Normalization**: The normalization of the DVO by the EMA of the volume ensures that the oscillator remains consistent across different assets and timeframes. This means the indicator can be used on a wide variety of markets without needing significant adjustments, making it a versatile tool for traders.
- **Signal Line Smoothing**: The final signal line is smoothed using a simple moving average (SMA) to reduce noise. The choice of SMA for smoothing, as opposed to EMA, is intentional to provide a more stable signal that is less prone to frequent whipsaws, which can occur in highly volatile markets.
- **Lag and Sensitivity**: Like all moving average-based indicators, the DPVO may introduce a slight lag in signal generation. However, this is offset by the indicator’s ability to filter out market noise, making it a reliable tool for identifying genuine trends and reversals. Adjusting the `fastMA`, `slowMA`, and `signalSmooth` inputs allows traders to fine-tune the sensitivity of the DPVO to match their specific trading strategy and market conditions.
- **Platform Compatibility**: The DPVO is written in Pine Script™ v5, ensuring compatibility with the latest features and functionalities offered by TradingView. This version takes advantage of optimized functions for performance and accuracy in calculations, making it well-suited for real-time analysis.
Conclusion
The "Uptrick: Dual Moving Average Volume Oscillator" is a revolutionary tool that merges volume analysis with price movement to offer traders a more nuanced understanding of market trends and reversals. Its ability to provide clear, actionable signals based on a unique combination of volume and price changes makes it an invaluable addition to any trader's toolkit. Whether you are managing long-term positions or looking for quick trades, the DPVO provides insights that can help refine any trading strategy, making it a standout choice in the crowded field of technical indicators.
Nothing from this indicator or any other Uptrick Indicators is financial advice. Only you are ultimately responsible for your choices.
Advanced RenkoEnglish description, Türkçe açıklaması da hemen altında.
Advanced Renko Indicator User Guide
1. General Functionality of the Indicator:
The Advanced Renko indicator allows you to analyze market trends using Renko charts. Renko charts help filter out noise in price movements, making trends more apparent. This indicator can be customized with various settings, such as brick sizing methods, calculation periods, fixed level factors, and data source selections.
2. Key Features and Parameters:
A. Brick Sizing Settings:
Brick Type (tuglaTipi): Three options are available for brick sizing:
ATR (Average True Range): The brick size is determined using the ATR value multiplied by a coefficient, making it sensitive to market volatility.
Traditional: A fixed brick size that remains constant regardless of market volatility.
Percentage: The brick size is calculated as a percentage of the current closing price.
Fixed Brick Size (sabitTuglaBoyutu): When using the Traditional method, you can set the brick size with this parameter.
ATR Period (atrDonemi): Defines the period used for the ATR calculation, which affects the ATR-based brick size.
ATR Multiplier (atrCarpani): Adjusts the sensitivity of the ATR-based brick size.
Percentage (yuzde): Sets the percentage used to calculate the brick size when using the percentage-based method.
Minimum Volatility (minVolatilite): Ensures that unnecessary bricks are avoided by setting a minimum volatility threshold.
B. Calculation Periods:
Average Deviation Period (donem): Defines the period used for calculating the average deviation.
Short-Term Moving Average Period (shortMA_Period): The period used for calculating the short-term moving average.
Median Filtering Period (median_Period): The period used for median filtering.
Kaufman’s Adaptive Moving Average Period (kama_Period): The period used for calculating Kaufman’s Adaptive Moving Average.
C. Fixed Level Factors:
Fast Fixed Level Factor (fast_SF): Defines the fixed level factor used for the fast adaptive moving average calculation.
Slow Fixed Level Factor (slow_SF): Defines the fixed level factor used for the slow adaptive moving average calculation.
D. Data Source Selection:
Source Type (kaynakTipi): You can choose from various price data types, including open, high, low, close prices, and different average prices.
3. Dynamic ATR Multiplier Calculation: The dynamic ATR multiplier is calculated using the change in price over the ATR period and the simple moving average (SMA). This calculation helps adjust the ATR-based brick size according to market conditions.
4. Kaufman’s Adaptive Moving Average (KAMA): KAMA is calculated by considering price changes and volatility. The indicator evaluates the price changes and speed over the past period to calculate an adaptive moving average.
5. Median Filtering: Median filtering calculates the median of the selected data source over a specific period, providing a more balanced data set.
6. Brick Size Calculation:
ATR: The brick size is calculated using ATR and the dynamic multiplier.
Traditional: A fixed brick size is used.
Percentage: The brick size is calculated as a percentage of the closing price.
7. Average Deviation Calculation: Average deviation calculates the amount of deviation in the selected data source, helping the brick size adapt to volatility.
8. Adaptive Brick Sizing: The latest brick sizes are adjusted by averaging the brick sizes over a specific period. This allows the brick size to change dynamically according to market conditions.
9. Renko Brick Calculation: Renko bricks are calculated using the selected KAMA value. A new brick is formed when the price passes a certain level. This process is limited by specific loops.
10. Brick Formation Considering Price Deviations: Price deviation makes brick formation more sensitive. A new brick is formed when the price change exceeds a specified deviation amount.
11. Low Volatility Filter: If the ATR value is below the minimum volatility threshold, brick formation is halted. This prevents unnecessary brick formation.
12. Momentum-Based Brick Size: The brick size is adjusted according to market momentum using the RSI (Relative Strength Index). If RSI is above 70, the brick size is increased; if below 30, the brick size is decreased.
13. Candle Coloring: Candles are colored according to the direction of the Renko bricks. Rising bricks are shown in green, while falling bricks are shown in red.
14. Coloring Brick Levels: Renko closing and opening levels are colored and displayed on the chart. These levels help you see the trend direction more clearly.
15. Drawing Renko Bricks: Renko bricks are represented on the chart with green triangles for upward bricks and red triangles for downward bricks.
Benefits for Users:
Trend Tracking: Renko charts make it easier to see trends clearly.
Volatility Sensitivity: ATR-based brick sizes dynamically adjust to market volatility.
Flexibility: Offers customization with different brick sizing methods and data source options.
Momentum Analysis: RSI-based brick size adjustments are beneficial for momentum-based strategies.
Reducing Unnecessary Noise: The low volatility filter prevents unnecessary brick formation.
This indicator is a powerful tool for analyzing market trends and price movements. Users can customize the indicator according to their strategies for more effective use.
Important Disclaimer: No indicator, algorithm, or strategy can predict the markets with 100% accuracy. This tool is designed to help make informed decisions but should not be used as the sole basis for trading. Always consider using additional analysis and risk management strategies. Blind reliance on any tool can lead to significant financial losses.
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Advanced Renko Göstergesi Kullanım Kılavuzu
1. Göstergenin Genel İşleyişi:
Advanced Renko göstergesi, Renko grafikleri kullanarak piyasa trendlerini analiz etmenizi sağlar. Renko grafikleri, fiyat hareketlerindeki gürültüyü filtreleyerek trendlerin daha net bir şekilde görülmesine yardımcı olur. Bu gösterge, tuğla boyutlandırma yöntemleri, hesaplama dönemleri, sabit düzey faktörleri ve kaynak veri seçimleri gibi çeşitli ayarlarla özelleştirilebilir.
2. Anahtar Özellikler ve Parametreler:
A. Tuğla Boyutlandırma Ayarları:
Tuğla Tipi (tuglaTipi): Tuğla boyutlandırma yöntemi olarak üç seçenek sunuluyor:
ATR (Average True Range): ATR değeri ve bir çarpan kullanılarak tuğla boyutu belirlenir, bu da piyasa volatilitesine duyarlı hale getirir.
Geleneksel: Sabit bir tuğla boyutu belirleyebilirsiniz. Bu boyut, piyasa volatilitesinden bağımsız olarak sabit kalır.
Yüzde: Kapanış fiyatının belirli bir yüzdesi olarak tuğla boyutu hesaplanır.
Sabit Tuğla Boyutu (sabitTuglaBoyutu): Geleneksel yöntemi kullanırken, tuğla boyutunu bu parametreyle belirleyebilirsiniz.
ATR Dönemi (atrDonemi): ATR hesaplaması için kullanılacak dönemi belirler. Bu dönem, ATR tabanlı tuğla boyutunu etkiler.
ATR Çarpanı (atrCarpani): ATR tabanlı tuğla boyutunun hassasiyetini ayarlar.
Yüzde (yuzde): Yüzde tabanlı tuğla boyutunu hesaplamak için kullanılan yüzde değerini belirler.
Minimum Volatilite (minVolatilite): Gereksiz tuğlaların oluşmasını engellemek için minimum volatilite eşiğini belirler.
B. Hesaplama Dönemleri:
Ortalama Sapma Dönemi (donem): Ortalama sapma hesaplaması için kullanılacak dönemi belirler.
Kısa Vadeli Hareketli Ortalama Dönemi (shortMA_Period): Kısa vadeli hareketli ortalama hesaplaması için kullanılan dönemdir.
Medyan Filtreleme Dönemi (median_Period): Medyan filtreleme için kullanılacak dönemdir.
Kaufman’ın Adaptif Hareketli Ortalama Dönemi (kama_Period): Kaufman’ın Adaptif Hareketli Ortalama hesaplaması için kullanılan dönemdir.
C. Sabit Düzey Faktörleri:
Hızlı Sabit Düzey Faktörü (fast_SF): Hızlı adaptif hareketli ortalama hesaplaması için sabit düzey faktörünü belirler.
Yavaş Sabit Düzey Faktörü (slow_SF): Yavaş adaptif hareketli ortalama hesaplaması için sabit düzey faktörünü belirler.
D. Kaynak Veriyi Seçme:
Kaynak Tipi (kaynakTipi): Farklı fiyat veri türleri arasından seçim yapabilirsiniz. Bu seçenekler arasında açılış, yüksek, düşük, kapanış fiyatları ve farklı ortalama fiyatlar bulunmaktadır.
3. Dinamik ATR Çarpanı Hesaplama: Dinamik ATR çarpanı, fiyatın ATR dönemi içindeki değişimi ve basit hareketli ortalama (SMA) kullanılarak hesaplanır. Bu hesaplama, ATR tabanlı tuğla boyutunu piyasa koşullarına göre ayarlamaya yardımcı olur.
4. Kaufman’ın Adaptif Hareketli Ortalaması (KAMA): KAMA, fiyat değişikliklerini ve volatiliteyi dikkate alarak hesaplanır. Gösterge, fiyatın geçmiş dönemdeki değişimlerini ve hızını değerlendirerek adaptif bir hareketli ortalama hesaplar.
5. Medyan Filtreleme: Medyan filtreleme, seçilen kaynak verinin medyanını belirli bir dönem üzerinden hesaplayarak veriyi daha dengeli hale getirir.
6. Tuğla Boyutu Hesaplama:
ATR: ATR ve dinamik çarpanı kullanarak tuğla boyutu hesaplanır.
Geleneksel: Sabit tuğla boyutu kullanılır.
Yüzde: Kapanış fiyatının belirli bir yüzdesi alınarak tuğla boyutu hesaplanır.
7. Ortalama Sapma Hesaplama: Ortalama sapma, kaynak verinin sapma miktarını hesaplar. Bu hesaplama, tuğla boyutunun volatiliteye uyum sağlamasına yardımcı olur.
8. Uyarlamalı Tuğla Boyutlandırma: Son tuğla boyutları, belirli bir dönemdeki tuğla boyutlarının ortalaması alınarak ayarlanır. Bu, tuğla boyutunun piyasa koşullarına göre dinamik olarak değişmesine olanak tanır.
9. Renko Tuğla Hesaplama: Renko tuğlaları, seçilen KAMA değeri kullanılarak hesaplanır. Fiyat belirli bir seviyeyi geçtiğinde yeni bir tuğla oluşur. Bu süreç, belirli döngülerle sınırlandırılmıştır.
10. Fiyat Sapmalarını Dikkate Alarak Tuğla Oluşturma: Fiyat sapması, tuğla oluşumunu daha hassas hale getirir. Belirli bir sapma miktarının üzerinde değişiklik olduğunda yeni tuğla oluşturulur.
11. Düşük Volatilite Filtresi: ATR değeri minimum volatilite eşiğinin altındaysa, tuğla oluşumu durdurulur. Bu, gereksiz tuğla oluşumlarını engeller.
12. Momentum Tabanlı Tuğla Boyutu: RSI (Relative Strength Index) kullanılarak tuğla boyutu piyasa momentumuna göre ayarlanır. RSI 70’in üzerindeyse tuğla boyutu artırılır, 30’un altındaysa azaltılır.
13. Mum Boyama: Renko tuğlalarının yönüne göre mumlar renklendirilir. Yükselen tuğlalar yeşil, düşen tuğlalar kırmızı renkte gösterilir.
14. Tuğla Seviyelerini Renklendirme: Renko kapanış ve açılış seviyeleri grafikte renklendirilerek gösterilir. Bu seviyeler, trendin yönünü daha net bir şekilde görmenizi sağlar.
15. Renko Tuğlalarını Çizmek İçin Şekiller: Grafikte Renko tuğlaları, yukarı yönlü tuğlalar için yeşil üçgen, aşağı yönlü tuğlalar için kırmızı üçgen ile gösterilir.
Kullanıcılar için Faydaları:
Trend Takibi: Renko grafikleri, trendleri net bir şekilde görmenizi sağlar.
Volatiliteye Duyarlılık: ATR tabanlı tuğla boyutları, piyasa volatilitesine göre dinamik olarak ayarlanır.
Esneklik: Farklı tuğla boyutlandırma yöntemleri ve kaynak veri seçenekleri ile özelleştirme imkanı sunar.
Momentum Analizi: RSI tabanlı tuğla boyutu ayarlamaları, momentum bazlı stratejiler için faydalıdır.
Gereksiz Gürültüleri Azaltma: Düşük volatilite filtresi, gereksiz tuğlaların oluşmasını engeller.
Bu gösterge, piyasa trendlerini ve fiyat hareketlerini analiz etmek için güçlü bir araçtır. Kullanıcılar, göstergeyi kendi stratejilerine göre özelleştirerek daha verimli bir şekilde kullanabilirler.
Önemli Uyarı:
Hiçbir gösterge, algoritma veya strateji piyasaları %100 doğrulukla tahmin edemez. Bu araç, bilinçli kararlar vermenize yardımcı olmak için tasarlanmıştır, ancak yalnızca ticaret için tek temel olarak kullanılmamalıdır. Daima ek analizler ve risk yönetimi stratejileri kullanmayı düşünün. Herhangi bir araca körü körüne bağlı kalmak, önemli finansal kayıplara yol açabilir.
Stock Market Scout's Buy/Sell Signals - PremiumEnglish description, Türkçe açıklaması da hemen altında.
Stock Market Scout's Buy/Sell Signals - Premium
This indicator combines four different technical analysis tools, enabling investors to analyze market trends and volatility, generate strong buy/sell signals, and detect divergences. Each tool is based on a specific analysis method, allowing investors to customize their strategies according to various market conditions. The strength of this indicator lies in its ability to offer a multi-dimensional analysis by combining various calculation methods.
Indicator 1: Buy/Sell Signals
Objective:
This indicator generates buy and sell signals by utilizing various data derived from price movements. It provides dynamic analysis sensitive to market movements by using adaptive price calculation methods and different volatility measurements.
How It Works:
Adaptive Moving Average (AMA): Calculates a moving average responsive to price movements. This average can quickly adapt to the current market situation and respond faster to trend changes.
Kaufman’s Adaptive Moving Average (KAMA): This average takes into account the direction and volatility of price movements. By adjusting itself according to market conditions, it provides more accurate trend information to investors.
Fractal Adaptive Moving Average (FRAMA): Considers the fractal structure of the price, allowing for more accurate detection of trends and turning points.
Volatility Measurements: The indicator utilizes various volatility measurement methods such as Wilder's ATR, AMA, KAMA, and FRAMA, enabling investors to optimize their buy and sell signals.
Time Interval: Different timeframes can be selected for buy and sell signals, allowing strategies to be more effective in specific timeframes.
Signal Generation: Based on price movements and volatility, buy and sell signals are displayed at specific levels on the chart. These signals are visualized with lines and labels.
Why Use It: This indicator provides dynamic analysis that can quickly adapt to market movements. Investors can make more informed buy and sell decisions by accurately analyzing trend changes and volatility in the market.
Author's Recommendation:
In the Buy/Sell Signals Section, create combinations of the data source types and volatility options I have designed for you to determine the strategy that suits you best; it won't take much of your time. For example: Keep the period settings of the Buy/Sell signals as 10. Data Source Type S_M_S-10, Volatility Type S_M_S-Ozel3 Volatility, Sensitivity Setting: 7 /// S_M_S-5, S_M_S-Ozel3 Volatility, Sensitivity Setting: 5 /// S_M_S-6, S_M_S-Ozel1 Volatility, Sensitivity Setting: 5 /// S_M_S-6, S_M_S-Ozel6 Volatility, Sensitivity Setting: 5, etc.
Stock_Market_Scout's Buy/Sell Signals – Premium adapts to every chart, but as you know, every chart has different dynamics. You can either stick to a single combination or find the most suitable combination for each chart; my recommendation is to find the most appropriate combination for each chart.
Indicator 2: Trend Tracking
Objective:
The Trend Tracking indicator analyzes the strength of market trends using Renko charts. Renko bricks reduce noise caused by price movements, making trends easier to identify.
How It Works:
Renko Brick Size: Users can choose whether to base Renko bricks on trend or volatility. A fixed brick size can be set, or a volatility-based dynamic brick size can be used.
Source Data: The indicator supports various types of data sources, ranging from standard OHLC prices to customized calculations.
Time Interval: Users can select the timeframe for calculating Renko bricks, allowing analysis of how trends change over different periods.
Trend Strength: The indicator calculates the correlation between Renko brick closing prices and price movements over a specific period, determining the strength of the trend based on this correlation. It provides information on the strength and direction of the trend.
Color Coding: When the trend strength reaches specific levels, candles are highlighted with color coding, offering a quick visual reference for the strength of the trend.
Why Use It: The Trend Tracking indicator helps investors to see market trends more clearly and analyze their strength. It is ideal for obtaining clearer signals in trend-based strategies.
Indicator 3: Trend Direction Simulation
Objective:
Trend Direction Simulation analyzes market trends using Renko bricks in three different timeframes. This allows investors to see how trends change and whether they are aligned across various timeframes.
How It Works:
Three Different Timeframes: Users can select three different timeframes, and Renko bricks are calculated separately for each timeframe. This allows the simultaneous analysis of short, medium, and long-term trends.
Source Data: Different data sources can be used for each timeframe, enabling more detailed analysis based on various data sources.
Renko Brick Size: Fixed or dynamic brick sizes can be set for each timeframe, allowing users to customize trend analysis based on different volatility levels.
Trend Simulation: Trend direction is calculated using Renko bricks for each timeframe and is visually displayed on the chart. Additionally, buy/sell signals can be generated to understand whether these trends are aligned.
Buy/Sell Signals: Trend Direction Simulation can generate buy and sell signals under certain conditions, helping to determine whether trends are aligned across different timeframes and identify potential turning points.
Why Use It: This indicator helps understand how trends change and whether they are aligned across different timeframes. Investors can use this simulation to analyze market trends more deeply and optimize their strategies accordingly.
Indicator 4: RSI and Divergences
Objective:
This indicator detects market divergences using the Relative Strength Index (RSI) and displays them on the chart. Divergences help identify potential turning points by determining the momentum of price movements.
How It Works:
RSI Calculation: RSI can be calculated using classic price data or Renko-based data, allowing analysis of how RSI responds under different market conditions.
Divergence Detection: The indicator detects positive and negative divergences between price and RSI. Positive divergence is when the price is falling, but RSI is rising, and negative divergence is when the price is rising, but RSI is falling.
Chart Display: Divergences are shown on the chart with special labels and lines. These visual representations provide information about potential turning points, making quick decision-making easier.
Color Coding: The indicator highlights divergences with color codes. Positive divergences are shown in shades of green, while negative divergences are shown in shades of red.
Why Use It: The RSI and Divergences indicator allows investors to identify market momentum and potential turning points. Divergences are critical in determining when trends may be ending or weakening. This indicator visually highlights such signals, helping investors make more informed decisions.
General Overview and User Guide
How to Use:
Buy/Sell Signals: First, select the data sources and volatility measurement methods you want to use in the Buy/Sell Signals section. Choose the timeframe and monitor the signals on the chart. Using these signals during periods when the trend is strong and volatility is at an appropriate level can help you make more successful trades.
Trend Tracking: Use Renko-based trend analysis in this section to determine the general direction of the market. Since trend strength is shown with color coding, you can quickly understand which direction is experiencing a strong movement. This information can be used to support your current positions or open new ones.
Trend Direction Simulation: Analyze trends in three different timeframes. Check whether the trends are aligned in each timeframe. If the trends are aligned, it may indicate a strong trend continuation. You can use the buy/sell signals obtained from the simulation as part of your strategy.
RSI and Divergences: Detect divergences between price movements and RSI using the RSI indicator. These divergences play a critical role in identifying potential trend reversals. Especially, negative divergences may indicate the end of an uptrend, while positive divergences may signal the end of a downtrend.
Why Use It:
Versatile Analysis: This indicator combines four different analysis tools on a single platform, allowing investors to conduct more in-depth market analysis. Each tool offers a different strategic approach, enhancing the versatility of the indicator.
Customizable Settings: The wide range of settings offered by the indicator allows investors to make customizations that suit their strategies. This enables flexibility and effectiveness under different market conditions.
Visual Aids: The visual signals provided on the chart offer quick and easily accessible information about trend direction, divergences, and buy/sell signals. This helps in making investment decisions quickly and effectively.
Rapid Adaptation to Market Conditions: Adaptive calculation methods quickly adapt to market conditions, producing accurate and timely signals. This helps investors to be more prepared for market fluctuations.
Note for Moderation and Approval Process: This indicator is not just about combining classic analysis tools but is also optimized to work effectively across different timeframes and market conditions. Each component adds value to the indicator, enhancing its uniqueness and utility. The broad customization options and versatile analysis capability offered to investors make this indicator much more than an ordinary combination.
Important Disclaimer: No indicator, algorithm, or strategy can predict the markets with 100% accuracy. This tool is designed to help make informed decisions but should not be used as the sole basis for trading. Always consider using additional analysis and risk management strategies. Blind reliance on any tool can lead to significant financial losses.
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Stock Market Scout'un Al/Sat Sinyalleri - Premium
Bu gösterge, dört farklı teknik analiz aracını bir araya getirerek, yatırımcıların piyasa trendlerini ve volatiliteyi analiz etmelerini, güçlü alım/satım sinyalleri üretmelerini ve uyumsuzlukları tespit etmelerini sağlar. Her bir araç, belirli bir analiz yöntemi üzerine kuruludur ve yatırımcıların çeşitli piyasa koşullarına göre stratejilerini özelleştirmelerine olanak tanır. Bu göstergenin güçlü yanı, çeşitli hesaplama yöntemlerini birleştirerek çok boyutlu bir analiz sunmasıdır.
Gösterge 1: Al/Sat Sinyalleri
Amaç:
Bu gösterge, fiyat hareketlerinden elde edilen çeşitli verileri kullanarak alım ve satım sinyalleri üretir. Gösterge, adaptif fiyat hesaplama yöntemlerini ve farklı volatilite ölçümlerini kullanarak, piyasa hareketlerine duyarlı dinamik bir analiz sağlar.
Nasıl Çalışır:
1. Adaptive Moving Average (AMA): Fiyat hareketlerine duyarlı bir hareketli ortalama hesaplar. Bu, piyasanın mevcut durumuna hızlıca adapte olabilen bir ortalamadır ve trend değişikliklerine daha hızlı yanıt verir.
2. Kaufman’s Adaptive Moving Average (KAMA): Bu ortalama, fiyat hareketlerinin yönünü ve volatilitesini dikkate alır. Piyasa koşullarına göre kendini ayarlayarak, yatırımcılara daha doğru trend bilgisi sağlar.
3. Fractal Adaptive Moving Average (FRAMA): Fiyatın fraktal yapısını dikkate alarak, trendlerin ve dönüş noktalarının daha doğru tespit edilmesine olanak tanır.
4. Volatilite Ölçümleri: Gösterge, Wilder's ATR, AMA, KAMA, FRAMA gibi çeşitli volatilite ölçüm yöntemlerini kullanarak, yatırımcının alım ve satım sinyallerini optimize etmesine olanak tanır.
5. Zaman Aralığı: Alım ve satım sinyalleri için farklı zaman dilimlerinin seçilmesi mümkündür. Bu sayede, stratejilerin belirli zaman dilimlerinde daha etkin çalışması sağlanır.
6. Sinyal Üretimi: Fiyat hareketlerine ve volatiliteye dayalı olarak, grafikte alım ve satım sinyalleri belirli seviyelerde gösterilir. Bu sinyaller, çizgiler ve etiketler ile görselleştirilir.
Neden Kullanılmalı:
Bu gösterge, piyasa hareketlerine hızlıca adapte olabilen dinamik bir analiz sağlar. Yatırımcılar, piyasadaki trend değişikliklerini ve volatiliteyi doğru bir şekilde analiz ederek daha bilinçli alım ve satım kararları verebilirler.
Yazardan tavsiye:
Al/Sat Sinyalleri Bölümü'nde sizler için oluşturduğum veri kaynağı türlerinden ve volatilite çeşitlerinden kombinasyonlar yaparak, size en uygun stratejiyi belirleyin, fazla zamanınızı almaz. Örneğin; Al/Sat sinyallerinin periyot ayarları 10 olarak kalsın. Veri Kaynağı Türü S_M_S-10, Volatilite Türü S_M_S-Ozel3 Volatility, Hassasiyet Ayarı: 7 /// S_M_S-5, S_M_S-Ozel3 Volatility, Hassasiyet Ayarı: 5 /// S_M_S-6, S_M_S-Ozel1 Volatility, Hassasiyet Ayarı: 5 /// S_M_S-6, S_M_S-Ozel6 Volatility, Hassasiyet Ayarı: 5 vb.
Stock_Market_Scout'un Al/Sat Sinyalleri – Premium, her grafiğe uyum sağlar fakat, sizlerin de bildiği üzere her grafiğin dinamikleri farklıdır. İster tek kombinasyon belirleyip onun üzerinden gidin, isterseniz her grafiğe en uygun kombinasyonu bulun, benim tavsiyem her grafiğe en uygun kombinasyonu bulmanızdır.
Gösterge 2: Trend Takibi
Amaç:
Trend Takibi göstergesi, Renko grafikleri kullanarak piyasa trendlerinin gücünü analiz eder. Renko tuğlaları, fiyat hareketlerinden kaynaklanan gürültüyü azaltır ve trendleri daha net bir şekilde görmeyi sağlar.
Nasıl Çalışır:
1. Renko Tuğla Boyutu: Kullanıcılar, trend mi yoksa volatilite mi baz alınarak Renko tuğlalarının nasıl oluşturulacağını seçebilirler. Sabit bir tuğla boyutu belirlenebilir veya volatilite tabanlı dinamik bir tuğla boyutu kullanılabilir.
2. Kaynak Veri: Gösterge, birçok farklı veri kaynağı türünü destekler. Bu veri kaynakları, standart OHLC fiyatlarından, özelleştirilmiş hesaplamalara kadar geniş bir yelpazeyi kapsar.
3. Zaman Aralığı: Kullanıcılar, Renko tuğlalarının hesaplanacağı zaman dilimini seçebilirler. Bu, farklı zaman dilimlerinde trendlerin nasıl değiştiğini analiz etmeye olanak tanır.
4. Trend Gücü: Gösterge, Renko tuğlalarının kapanış fiyatları ile belirli bir dönem boyunca fiyat hareketleri arasındaki korelasyonu hesaplar ve bu korelasyon üzerinden trend gücünü belirler. Korelasyon katsayısına dayalı olarak, trendin gücü ve yönü hakkında bilgi verir.
5. Renk Kodlaması: Trend gücü belirli seviyelerde olduğunda, mumlar renk kodlaması ile vurgulanır. Bu, yatırımcılara trendin gücü hakkında hızlı bir görsel referans sunar.
Neden Kullanılmalı:
Trend Takibi göstergesi, yatırımcıların piyasa trendlerini daha net bir şekilde görmelerine ve bu trendlerin gücünü analiz etmelerine yardımcı olur. Özellikle trend bazlı stratejilerde daha net sinyaller elde etmek için idealdir.
Gösterge 3: Trend Yönü Simülasyonu
Amaç:
Trend Yönü Simülasyonu, üç farklı zaman diliminde Renko tuğlalarını kullanarak piyasa trendlerini analiz eder. Bu sayede, yatırımcılar farklı zaman dilimlerinde trendlerin nasıl değiştiğini ve uyumlu olup olmadığını görebilirler.
Nasıl Çalışır:
1. Üç Farklı Zaman Dilimi: Kullanıcılar, üç farklı zaman dilimi seçebilirler ve her bir zaman dilimi için Renko tuğlaları ayrı ayrı hesaplanır. Bu, kısa, orta ve uzun vadeli trendlerin aynı anda analiz edilmesine olanak tanır.
2. Kaynak Veri: Her bir zaman dilimi için farklı veri kaynakları kullanılabilir. Bu, çeşitli veri kaynaklarına dayalı olarak daha detaylı bir analiz yapmayı mümkün kılar.
3. Renko Tuğla Boyutu: Her zaman dilimi için sabit veya dinamik tuğla boyutları belirlenebilir. Bu, kullanıcıların farklı volatilite seviyelerine göre trend analizini özelleştirmesini sağlar.
4. Trend Simülasyonu: Her bir zaman dilimi için trend yönü, Renko tuğlaları ile hesaplanır ve bu trendler grafikte görsel olarak gösterilir. Ayrıca, bu trendlerin uyumlu olup olmadığını anlamak için alım/satım sinyalleri üretilebilir.
5. Al/Sat Sinyalleri: Trend Yönü Simülasyonu, belirli koşullar altında alım ve satım sinyalleri üretebilir. Bu sinyaller, farklı zaman dilimlerinde trendlerin nasıl uyumlu olduğunu ve potansiyel dönüş noktalarını belirlemeye yardımcı olur.
Neden Kullanılmalı:
Bu gösterge, farklı zaman dilimlerinde trendlerin nasıl değiştiğini ve uyumlu olup olmadığını anlamaya yardımcı olur. Yatırımcılar, bu simülasyon ile piyasa trendlerini daha derinlemesine analiz edebilir ve stratejilerini bu trendlere göre optimize edebilirler.
Gösterge 4: RSI ve Uyumsuzluklar
Amaç:
Bu gösterge, RSI (Relative Strength Index) kullanarak piyasa uyumsuzluklarını tespit eder ve grafikte bu uyumsuzlukları gösterir. Uyumsuzluklar, fiyat hareketlerinin momentumunu belirleyerek olası dönüş noktalarını tespit etmeye yardımcı olur.
Nasıl Çalışır:
1. RSI Hesaplama: RSI, klasik fiyat verileri veya Renko tabanlı veriler kullanılarak hesaplanabilir. Bu sayede, farklı piyasa koşullarında RSI'nın nasıl tepki verdiği analiz edilebilir.
2. Uyumsuzluk Tespiti: Gösterge, fiyat ile RSI arasındaki pozitif ve negatif uyumsuzlukları tespit eder. Pozitif uyumsuzluk, fiyat düşerken RSI'nın yükselmesi; negatif uyumsuzluk ise fiyat yükselirken RSI'nın düşmesi olarak tanımlanır.
3. Grafik Üzerinde Gösterim: Uyumsuzluklar, grafikte özel etiketler ve çizgiler ile gösterilir. Bu görsel gösterimler, yatırımcılara potansiyel dönüş noktaları hakkında bilgi verir ve hızlı karar almayı kolaylaştırır.
4. Renk Kodlaması: Gösterge, uyumsuzlukları renk kodlarıyla vurgular. Pozitif uyumsuzluklar yeşil tonlarında, negatif uyumsuzluklar ise kırmızı tonlarında gösterilir.
Neden Kullanılmalı:
RSI ve Uyumsuzluklar göstergesi, yatırımcılara piyasa momentumunu ve olası dönüş noktalarını tespit etme imkanı sunar. Uyumsuzluklar, özellikle trendlerin sona erdiği veya zayıfladığı noktaları belirlemek için kritik öneme sahiptir. Bu gösterge, bu tür sinyalleri görsel olarak vurgulayarak yatırımcıların daha bilinçli kararlar almasına yardımcı olur.
Genel Değerlendirme ve Kullanım Rehberi
Nasıl Kullanılır:
1. Al/Sat Sinyalleri: İlk olarak, Al/Sat Sinyalleri bölümünde kullanmak istediğiniz veri kaynaklarını ve volatilite ölçüm yöntemlerini belirleyin. Zaman dilimini seçin ve grafik üzerinde sinyalleri izleyin. Bu sinyalleri, trendin güçlü olduğu ve volatilitenin uygun seviyede olduğu dönemlerde kullanmak, daha başarılı işlemler yapmanıza yardımcı olabilir.
2. Trend Takibi: Bu bölümde, Renko tabanlı trend analizini kullanarak piyasanın genel yönünü belirleyin. Trend gücü renk kodlamaları ile gösterildiği için, hangi yönde güçlü bir hareket olduğunu hızlıca anlayabilirsiniz. Bu bilgi, mevcut pozisyonlarınızı desteklemek veya yeni pozisyonlar açmak için kullanılabilir.
3. Trend Yönü Simülasyonu: Üç farklı zaman diliminde trendleri analiz edin. Her bir zaman diliminde trendlerin uyumlu olup olmadığını kontrol edin. Eğer trendler arasında uyum varsa, bu, güçlü bir trendin devam ettiğine işaret edebilir. Simülasyondan elde edilen al/sat sinyallerini, stratejinizin bir parçası olarak kullanabilirsiniz.
4. RSI ve Uyumsuzluklar: RSI göstergesini kullanarak fiyat hareketleri ile RSI arasındaki uyumsuzlukları tespit edin. Bu uyumsuzluklar, olası trend dönüşlerini belirlemede kritik rol oynar. Özellikle, negatif uyumsuzluklar yükseliş trendinin sonuna işaret edebilirken, pozitif uyumsuzluklar düşüş trendinin sona erebileceğini gösterir.
Neden Kullanılmalı:
• Çok Yönlü Analiz: Bu gösterge, tek bir platformda dört farklı analiz aracını birleştirerek yatırımcıların daha derinlemesine bir piyasa analizi yapmalarına olanak tanır. Her bir araç, farklı bir stratejik yaklaşım sunar ve bu da göstergenin çok yönlülüğünü artırır.
• Özelleştirilebilir Ayarlar: Göstergenin sunduğu geniş ayar seçenekleri, yatırımcıların kendi stratejilerine uygun kişiselleştirmeler yapmalarına olanak tanır. Bu, farklı piyasa koşullarında esnek ve etkili olmanızı sağlar.
• Görsel Yardımcılar: Grafik üzerinde sağlanan görsel sinyaller, trend yönü, uyumsuzluklar ve al/sat sinyalleri hakkında hızlı ve kolay erişilebilir bilgi sunar. Bu, yatırım kararlarını hızlı ve etkili bir şekilde almanıza yardımcı olur.
• Piyasa Koşullarına Hızlı Adaptasyon: Adaptif hesaplama yöntemleri, piyasa koşullarına hızla uyum sağlayarak doğru ve zamanında sinyaller üretir. Bu da yatırımcıların piyasa dalgalanmalarına karşı daha hazırlıklı olmasını sağlar.
Moderasyon ve Onay Süreci İçin Not:
Bu gösterge, sadece klasik analiz araçlarını birleştirmekle kalmayıp, farklı zaman dilimlerinde ve piyasa koşullarında etkin bir şekilde çalışacak şekilde optimize edilmiştir. Her bir bileşen, göstergeye ek bir değer katmakta ve bu da göstergenin özgünlüğünü ve faydasını artırmaktadır. Yatırımcılara sunduğu geniş özelleştirme seçenekleri ve çok yönlü analiz kabiliyeti, bu göstergeyi sıradan bir birleşimden çok daha fazlası haline getirir.
Önemli Uyarı:
Hiçbir gösterge, algoritma veya strateji piyasaları %100 doğrulukla tahmin edemez. Bu araç, bilinçli kararlar vermenize yardımcı olmak için tasarlanmıştır, ancak yalnızca ticaret için tek temel olarak kullanılmamalıdır. Daima ek analizler ve risk yönetimi stratejileri kullanmayı düşünün. Herhangi bir araca körü körüne bağlı kalmak, önemli finansal kayıplara yol açabilir.
Matrix Glitch | FractalystThe Matrix Glitch indicator is a visually engaging tool for traders, inspired by the iconic Matrix movie effects. It overlays price charts with dynamic, multi-colored glitches that sync with market data, creating a striking, almost surreal visual experience.
The indicator uses characters from various languages (e.g., Japanese, Chinese, Russian, English) to mimic the digital rain effect from the movies. Users can select a language, which activates a corresponding array of characters. These characters are randomly picked from the chosen array and displayed on the chart.
Underlying Calculations and Logic
Arrays in the Indicator
1- Character Management:
The script uses arrays to store sets of characters representing different symbols or alphabets. These arrays allow the indicator to dynamically select and update characters for display. Each element in these arrays corresponds to a specific character that will be used to populate the grid.
2- Current and Previous States:
Arrays are employed to keep track of the current state of characters that are displayed on the grid. Simultaneously, another set of arrays records the previous state of these characters. This dual-state management allows the script to smoothly transition between updates, handling changes in characters and visual effects like fading.
3- Transparency Control:
Transparency levels for each character in the grid are managed through arrays. These arrays store the opacity values, ensuring that each character has the appropriate level of transparency. By comparing the current and previous transparency states, the script can create effects like gradual fading or intensifying visibility.
4- Rain Effect Simulation:
To create the "rain" effect, the script maintains arrays that simulate the falling text by continuously updating the position and visibility of characters. As new characters enter the top of the grid, older ones are removed from the bottom, with their transparency levels adjusted to simulate movement.
5- Operational Flow:
Initialization : Arrays are initialized to manage both the characters and their transparency. This setup allows the script to handle the dynamic display efficiently.
Updates : During each cycle, new characters are selected and old characters are shifted accordingly. The arrays ensure that both the content and appearance of the grid are updated seamlessly.
Rendering : The arrays dictate how characters and their transparency are rendered on the grid, ensuring a cohesive and visually appealing effect.
Here's how to use the indicator step-by-step:
1- Apply the Indicator to Your Charts:
Begin by adding the indicator to your chart. This will activate the visual effect on your selected trading instrument or time frame.
Select Your Preferred Language of the Matrix Characters:
In the settings, choose the language or symbol set you want the matrix characters to display. This could be anything from traditional matrix-style characters to different alphabets or custom symbols.
2- Choose the Matrix Effect (Rain, Burst):
Decide on the type of visual effect you prefer. You can select from options like the classic "rain" effect, where characters fall from the top of the screen, or a "burst" effect, where characters explode outward or appear in a different dynamic pattern.
3- Adjust the Color According to Your Preference:
Customize the color of the matrix characters to suit your aesthetic or chart theme. You can select from a range of colors or even set up a gradient for more complex visual effects.
4- Adjust the Width and Height of the Matrix According to Your Screen:
Fine-tune the dimensions of the matrix display. Set the width and height so that the matrix fits perfectly on your screen, ensuring that it aligns well with other chart elements and doesn't obstruct your view.
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What Makes the Matrix Glitch Indicator Unique?
Language Selection:
Customizable Language: Unlike many indicators that might offer static or limited visual elements, the Matrix Glitch Indicator allows users to choose from a variety of languages for the characters displayed. This feature not only personalizes the user experience but also adds a cultural or linguistic element to trading charts. Users can select languages like Japanese, Chinese, Russian, or English, and many more.
This flexibility ensures that traders from different backgrounds can feel a connection with their charts through familiar or exotic scripts.
Dynamic Effects:
Effect Modes: The indicator offers two distinct modes - Rain Mode and Burst Mode. In Rain Mode, characters fall from the top of the chart, mimicking the iconic digital rain from the Matrix films.
In Burst Mode, characters radiate outward from a central point, creating a unique visual effect that can be synchronized with market volatility.
This dual-mode functionality allows traders to choose how they want their data to be visually represented, providing both aesthetic variety and potentially different insights into market behavior.
Color Customization:
Full Color Control: The ability to fully customize the color of the characters is a standout feature. Traders can match the indicator's colors to their trading platform's theme, their mood, or even specific market conditions (e.g., red for downturns, green for upturns). This level of customization not only aids in creating a personalized trading environment but can also serve as a visual cue for different market states.
Universal Display Compatibility:
Adjustability for All Displays: The indicator is designed to be fully adjustable for various screen resolutions and sizes. This ensures that whether you're trading on a high-resolution monitor, a laptop, or even a mobile device, the Matrix Glitch effect remains clear and impactful without compromising on the functionality of the trading chart. This adaptability is crucial in an era where trading can happen anywhere, making the indicator a versatile tool for traders on the go or in a static setup.
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Terms and Conditions | Disclaimer
Our charting tools are provided for informational and educational purposes only and should not be construed as financial, investment, or trading advice. They are not intended to forecast market movements or offer specific recommendations. Users should understand that past performance does not guarantee future results and should not base financial decisions solely on historical data.
Built-in components, features, and functionalities of our charting tools are the intellectual property of @Fractalyst use, reproduction, or distribution of these proprietary elements is prohibited.
By continuing to use our charting tools, the user acknowledges and accepts the Terms and Conditions outlined in this legal disclaimer and agrees to respect our intellectual property rights and comply with all applicable laws and regulations.
High-Low Cloud Trend [ChartPrime]The High-Low Cloud Trend - ChartPrime indicator, combines the concepts of trend following and mean reversion into a dynamic cloud representation. This indicator constructs high and low bands based on lookback periods, which adjust dynamically to reflect market conditions. By highlighting the upper and lower extremes, it provides a visual gauge for potential reversals and continuation points.
◆ KEY FEATURES
Dynamic Cloud Bands : Uses high and low derived from user-defined lookback periods to create reactive bands that illustrate trend strength and potential reversal zones.
Color-coded Visualization : Applies distinct colors to the bands based on the trend direction, improving readability and decision-making speed.
Mean Reversion Detection : Identifies points where price extremes may revert to a mean, signaling potential entry or exit opportunities based on deviation from expected values.
Flexible Visualization : Offers options to display volume or price-based metrics within labels, enhancing analytical depth.
◆ FUNCTIONALITY DETAILS
Band Formation : Calculates two sets of bands; one based on a primary lookback period and another for a shorter period to capture mean reversion points.
◆ USAGE
Trend Confirmation : Use the main bands to confirm the prevailing market trend, with the cloud filling acting as a visual guide.
Breakout Identification : Monitor for price breaks through the cloud to identify strong momentum that may suggest a viable breakout.
Risk Management : Adjust positions based on the proximity of price to either band, using these as potential support or resistance areas.
Mean Reversion Strategies : Apply mean reversion techniques when price touches or crosses the bands, indicating a possible return to a central value.
⯁ USER INPUTS
Lookback Period : Sets the primary period for calculating high and low bands.
Mean Reversion Points : Toggles the identification of mean reversion opportunities within the bands.
Volume/Price Display : Chooses between displaying volume or price information in the indicator's labels for enhanced detail.
The High-Low Cloud Trend indicator is a versatile and powerful tool for traders who engage in both trend following and mean reversion strategies. It provides a clear visual representation of market dynamics, helping traders to make informed decisions based on established and emerging patterns. This indicator's dual approach ensures that it is suitable for various trading styles and market conditions.
Periodical Trend [BigBeluga]The Periodical Trend indicator is designed to provide a detailed analysis of market trends and volatility. It utilizes a combination of Moving Averages and volatility measures to plot trend line, highlight potential trend reversals, and indicate mean reversion opportunities. The indicator offers customizable display options, allowing traders to adjust for sensitivity, volatility bands, and price deviation visibility.
🔵 KEY FEATURES
● Periodical Trend Analysis
Uses (high + volatility) or (low - volatility) as the foundation for trend analysis with a set period.
// Condition to update the AVG array based on the selected mode
if mode == "Normal"
? bar_index == 122
: bar_index % period == 0
AVG.push(close) // Add the close price to the AVG array
// Update AVG array based on the period and price comparison
if bar_index % period == 0
if close > AVG.last() // If the current close is greater than the last stored value in AVG
AVG.push(low - vlt) // Add the low price minus volatility to the array
if close < AVG.last() // If the current close is lower than the last stored value in AVG
AVG.push(high + vlt) // Add the high price plus volatility to the array
Provides adjustable sensitivity modes ("Normal" and "Sensitive") for different market conditions.
Trend direction is visualized with dynamic color coding based on the relationship between the trend line and price.
● Volatility Bands
Displays upper and lower volatility bands derived from a moving average of price volatility (high-low).
The bands help identify potential breakout zones, overbought, or oversold conditions.
Users can toggle the visibility of the bands to suit their trading style.
● Mean Reversion Signals
Detects mean reversion opportunities when price deviates significantly from the trend line.
Includes both regular and strong mean reversion signals, marked directly on the chart.
Signals are based on oscillator crossovers, offering potential entry and exit points.
● Price Deviation Oscillator
Plots an oscillator that measures the deviation of price from the average trend line.
The oscillator is normalized using standard deviation, highlighting extreme price deviations.
Traders can choose to display the oscillator for in-depth analysis of price behavior relative to the trend.
● Dynamic Trend Coloring
The indicator colors the background on the direction of the trend.
Green indicates bullish trends, while blue indicates bearish trends.
The trend colors adapt dynamically to market conditions, providing clear visual cues for traders.
🔵 HOW TO USE
● Trend Analysis
The trend line represents the current market direction. A green trend line suggests a bullish trend, while a blue trend line indicates a bearish trend.
Use the trend line in conjunction with volatility bands to confirm potential breakouts or areas of consolidation.
● Volatility Bands
Volatility bands offer insight into potential overbought or oversold conditions.
Price exceeding these bands can signal a strong trend continuation or a possible reversal.
● Mean Reversion Strategies
Look for mean reversion signals (regular and strong) when price shows signs of reverting to the trend line after significant deviation.
Regular signals are represented by small dots, while strong signals are represented by larger circles.
These signals can be used as entry or exit points, depending on the market context.
● Price Deviation Analysis
The oscillator provides a detailed view of price deviations from the trend line.
A positive oscillator value indicates that the price is above the trend, while a negative value suggests it is below.
Use the oscillator to identify potential overbought or oversold conditions within the trend.
🔵 USER INPUTS
● Period
Defines the length of the period used for calculating the trend line. A higher period smooths out the trend, while a shorter period makes the trend line more sensitive to price changes.
● Mode
Choose between "Normal" and "Sensitive" modes for trend detection. The "Sensitive" mode responds more quickly to price changes, while the "Normal" mode offers smoother trend lines.
● Volatility Bands
Toggle the display of upper and lower volatility bands. These bands help identify potential areas of price exhaustion or continuation.
● Price Deviation
Toggle the display of the price deviation oscillator. This oscillator shows the deviation of the current price from the trend line and highlights extreme conditions.
● Mean Reversion Signals
Toggle the display of mean reversion signals. These signals highlight potential reversal points when the price deviates significantly from the trend.
● Strong Mean Reversion Signals
Toggle the display of stronger mean reversion signals, which occur at more extreme deviations from the trend.
● Width
Adjust the thickness of the trend line for better visibility on the chart.
🔵 CONCLUSION
The Periodical Trend indicator combines trend analysis, volatility bands, and mean reversion signals to provide traders with a comprehensive tool for market analysis. By offering customizable display options and dynamic trend coloring, this indicator can adapt to different trading styles and market conditions. Whether you are a trend follower or a mean reversion trader, the Periodical Trend indicator helps identify key market opportunities and potential reversals.
For optimal results, it is recommended to use this indicator alongside other technical analysis tools and within the context of a well-structured trading strategy.
Open-Close Price DifferenceInput time A (open time) and time B (closing time)
do not do anything with the year-month-date, it's there because I don't know how to fix it and it needs to be in such format.
the difference of price will be shown on the indicator window one candle after the closing time (opening at such time)
For research purpose only, no other intended purposes.
Position Sizer by VolatilityDescription :
The **Position Sizer by Volatility (PSV)** is an indicator that helps traders determine what percentage of their deposit a position will occupy, taking into account the current market volatility. PSV calculates the range of price movements over recent periods and shows how large this movement is compared to historical data. The lower the value, the lower the volatility, and the smaller the stop-loss required relative to the current price.
Explanation of PSV Parameters:
- ` len ` (Period Length):** This parameter sets the number of candles (bars) on the chart that will be used to calculate volatility. For example, if `len` is set to 250, the indicator will analyze price movements over the last 250 bars. The larger the value, the longer the period used for volatility assessment.
- ` percent ` (Percentile):** This parameter determines how strong price fluctuations you want to account for. For instance, if you set `percent` to 95, the indicator will focus on the 5% of instances where the price range was the largest over the specified period. This helps evaluate volatility during periods of sharp price movements, which may require a larger stop-loss. A higher percentile accounts for rarer but stronger movements, and vice versa.
SMCL - Trend Change StructuresSMCL Indicator - Detailed Functionality
The SMCL (Structure Market Change Levels) indicator is designed to help traders visually detect and analyze changes in market structure. It focuses on identifying key pivot points and possible trend reversals by marking Change of Character (CHoCH) signals and calculating important levels like Premium and Discount zones.
Key Features:
Bullish and Bearish Structure Detection: Marks key trend changes on the chart using price pivots, with options to display only bullish or bearish structures.
Premium and Discount Zones Visualization: Identifies areas where the price may be in an overbought (Premium) or oversold (Discount) zone.
Win Rate Calculation: Calculates and displays the win rate on the chart to help you assess the indicator's effectiveness in real-time.
Full Customization: Adjust the colors of the structures and Premium/Discount zones to match your analysis style.
How to Use:
Bullish Structures: Look for CHoCH labels above recent highs indicating a potential shift to an uptrend.
Bearish Structures: Watch for CHoCH labels below recent lows indicating a potential shift to a downtrend.
Premium/Discount Levels: Use these zones to identify potential overbought or oversold conditions, ideal for planning entries or exits.
Win Rate: Monitor the win rate to gauge the reliability of the indicator over time.
This indicator is ideal for both intraday traders and swing traders looking for a simple yet powerful tool to identify market trend changes. Try it out and improve your trading decisions!
Technical Details:
1. Inputs:
Structure Period (prd): Defines the lookback period for detecting significant highs and lows (pivots). A higher period will consider a broader price range, identifying more prominent structures.
Response Period (resp): Determines how reactive the indicator is to recent price movements, affecting how quickly new structures are identified.
Show Bullish Structure (bull): A toggle to display bullish (uptrend) market structures on the chart.
Show Bearish Structure (bear): A toggle to display bearish (downtrend) market structures on the chart.
Show Premium & Discount (showPD): When enabled, the indicator will draw Premium (overbought) and Discount (oversold) levels on the chart.
2. Colors:
Bullish Color (bullColor): The color used to highlight bullish market structures.
Bearish Color (bearColor): The color used to highlight bearish market structures.
Premium Color (premColor): The color used to display the Premium (overbought) level.
Discount Color (discColor): The color used to display the Discount (oversold) level.
3. Structure Detection:
High and Low Pivot Points (Up, Dn): The indicator continuously tracks the highest and lowest prices over the specified structure period (prd). These pivot points are used to identify potential trend changes.
Change of Character (CHoCH) Detection:
When a new high is detected (Up > previous Up), it signifies a potential bullish trend change. A label with "CHoCH" is placed on the chart, if bullish structures are enabled.
Similarly, when a new low is detected (Dn < previous Dn), it signifies a potential bearish trend change. A "CHoCH" label is placed if bearish structures are enabled.
4. Premium & Discount Levels:
Premium Level (PremiumTop): Calculated as 10% below the detected high pivot. It represents a zone where the price may be considered overbought, suggesting a possible reversal or pullback.
Discount Level (DiscountTop): Calculated as 10% above the detected low pivot. It represents a zone where the price may be considered oversold, suggesting a possible buying opportunity.
These levels are drawn on the chart if the showPD option is enabled, helping traders visually assess the market's condition.
5. Probability Calculation:
Win Rate Calculation (WinRate): The indicator tracks the number of times the market structure changes from bullish to bearish and vice versa. It calculates the win rate as the ratio of bullish to bearish changes, providing insight into the strength of the detected structures.
This win rate is displayed on the chart in the latest bar, giving a real-time assessment of the indicator's performance.
6. Display Options:
The indicator offers full customization of colors and visibility for different components, allowing traders to tailor the visuals to their preferences.
Labels and lines are drawn with a 50% opacity by default, making them less intrusive while still visible on the chart.
