Forex Session Volume ExplorerFigure out the best time to trade your favorite Currency Pair, Commodity, or Crypto!
This indicator is an exploration of how Forex Sessions affect volume. The colored plots below represent the accumulative volume during each of the four major trading sessions: London, New York, Tokyo, and Sydney.
Plots have been normalized as a percentage of total volume, i.e. London = 34.2 signifies that 34.2% of all volume occurs during the London Session.
Trading the session with the highest volume will greatly benefit your Win Rate, especially when using "typical" indicators and strategies.
Use in conjunction with my previous tool for a clean & customizable visual representation of Forex Sesssions:
Forex Trading Sessions
Cheers,
EFX (@DasanC)
[b]forex
Forex Trading SessionsThere are a million Forex Trading Session indicators out there, but I couldn't find one with all of the following requirements:
1. Automatically show the Sessions that actually affect the current pair (for instance, Tokyo session doesn't matter when trading EURGBP)
2. Editable colors or at the very least no distracting colors
3. Editable times for each exchange session
4. Unique indication of the start of a session vs the end of a session. (Sometimes, I don't notice a background going from Navy Blue to Black)
This indicator has everything I could ever want in a Sessions Tool:
Subdued default colors
Editable colors
Editable session ranges
Obvious, but not obnoxious indication of start and stop
Automatically hide irrelevant Sessions
Cheers. EFX
Intraday FOREX london scalperThis forex System is only for ECN Broker Account.
Pairs: Major with spread < 0.0001 (EUR/USD).
Setup:
Wait for the market to make to 60 minute from the open.
If the market is near the intraday high be prepared to go short
If the market is near an intraday low for the same time period, then be prepared to go long.
Rules for entry
For sell setups: Enter on sell stop 1 pip from low of the last 15 min bar.
For buy setups: Enter in buy stop 1 pip from high of the last 15-minute bars.
Rules for exit
Take profit: Close out positions on 6 pips profit..
Stop Loss: Close out on 5 pips loss or if trade takes more than 1 minute.
Forex sessions with daylight savingsThis will adjust with Daylight Savings (DS) however you will need to update the start and end dates of DS once each year. That said, it's valid for 2021 and I'll try to remember to update this script each year so people don't have up to do the update of the DL start and end dates.
If there is a way to know these dates automatically in pine script someone please let me know.
Notice that Sydney has an offset of -1 instead of 1 for DS since being on the other side of the planet (sorry flat Earthers but this is a side-effect of a globe) they need to put their clocks backwards for DS instead of forwards.
Features:
Shows sessions for: Frankfurt, London, New York, Sydney & Tokyo
Includes Daylight savings changes
Has a legend you can display and hide to see which colors are for which sessions around the world
Allows you to show or hide each session individually
Allows you to display the legend in the same opacity as the indicators or 0 opacity to make it more readable.
This is my first public script so feedback most welcomed.
ExpertToken Buy/Sell SignalExpertToken Buy/Sell Signal เป็นอินดิเคเตอร์ที่สามารถบอกสัญญาณการซื้อขาย และบอกแนวโน้มของราคาได้
หลักการทำงาน
สัญญาณ Buy/Sell ถูกกำหนดโดยการใช่ CCI วัดโมเมนตัมการซื้อขาย หาก CCI ส่งสัญญาณว่าแรงขายเยอะเกินไป และมีแนวโน้มราคาจะกลับตัวสูงขึ้น ก็จะส่งสัญญาณ Buy แต่หาก CCI ส่งสัญญาณว่าแรงซื้อเยอะเกินไป และมีแนวโน้มราคาจะกลับตัวต่ำลง ก็จะส่งสัญญาณ Buy
เส้นสีน้ำเงินเป็นเส้น EMA 200 ไว้ใช้บอกแนวโน้มระยะยาว
เมฆขาว ประกอบไปด้วย เส้นสีเขียว(เส้น EMA เคลื่อนที่เร็ว) และเส้นสีแดง(เส้น EMA เคลื่อนที่ช้า) โดยให้ทั้งสองเส้นตัดกันเพื่อบอกสัญญาณการกลับตัว ค่าเริ่มต้นของทั้งสองเส้นเป็น 20, 50
วิธีการใช้อินดิเคเตอร์
ขั้นตอนแรก ให้ดูเส้นสีน้ำ หากราคาอยู่เหนือเส้นสีน้ำเงิน อาจมีแนวโน้มที่ราคาจะขึ้น
ขั้นตอนที่สอง ให้ดูเมฆ ที่ถูกสร้างขึ้นโดยการน้ำเส้น EMA 2 เส้น สีเขียวและสีแดง หากเส้นสีเขียวอยู่เหนือเส้นสีแดง ราคาอาจมีแนวโน้มที่ขึ้น หากเส้นสีแดงอยู่เหนือเส้นสีเขียว ราคาอาจจะลง แต่ถ้าหากราคาอยู่ในโซนเมฆขาว(ราคาอยู่ระหว่างเส้นเขียวกับสีแดง) ราคาอยู่ในช่วงเป็นกลาง
สุดท้าย หากมีข้อความบอกสัญญาณบอกว่า Buy หรือ Sell ให้พิจารณาจากสองขั้นตอนก่อนหน้านี้ หากมันสอดคล่องกับสองขั้นตอนก่อนหน้านี้ ให้พิจารณาการเปิดตำแหน่งตามสัญญาณ
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ExpertToken Buy/Sell Signal is an indicator that can give you trading signals. and tell the trend of the price
How it works
Buy/Sell signals are determined by using CCI to measure trading momentum.
If CCI signals too much selling pressure and there is a tendency for the price to reverse higher It sends a buy signal, but if CCI signals that it is overbought and the price tends to reverse lower will send signal Buy
The blue line is the EMA 200 line to indicate a long-term trend.
The white cloud consists of a green line (fast moving EMA line) and a red line (slow moving EMA line), with the two lines intersecting to signal a reversal. The default values for both lines are 20, 50.
How to use the indicator
The first step is to look at the watercolor lines. If the price is above the blue line There may be a tendency for prices to go up.
The second step is to look at the clouds that are created by watering the 2 EMA lines, green and red. If the green line is above the red line The price may tend to go up. If the red line is above the green line, the price may go down, but if the price is in the white cloud zone (the price is between the green and red line), the price is in the neutral range.
Finally, if there is a signal to say Buy or Sell, consider the previous two steps. If it complies with the previous two steps Consider opening a position based on a signal.
Engulfing Candle Rejection IndicatorThis indicator allows you to filter noisy chart, with engulfing candles which have been rejected from current trend lines. Trend lines by default are 21 MA (fast) and 10 MA (slow one). If fast moving average is greater than slower one, automatically indicator would represent that like uptrend, and if opposite then like a downtrend.
Consider to work only on higher time frames like 1H and higher, so you really can find only best entries.
Have fun, best wishes!
Volatility Adjusted Grid [Gann]█ OVERVIEW
Gann Square of 9 is one of the many brilliant concepts from W.D.Gann himself where it revolves around the idea that price is moving in a certain geometrical pattern. Numbers on the Square of 9 spiral tables, especially those lie in every 45degree in the chart act as key vibration levels where prices have tendency to react to (more on the table below).
There are few square of 9 related scripts here in Tradingview and while there's nothing wrong with them, it doesn't address 1 particular issue that i have: The numbers can be too rigid even when scaled based on current price because the levels are fixed, which makes them not tradable on certain timeframes depending on where the price currently sitting.
Heres 5min and 1hour Bitcoin chart to illustrate what i mean: Grey line on the left is based on Volatility Adjusted levels, while red/blue on the right are the standard Gann levels.
You can see that on 1hour chart, it provides a good levels (both Volatility Adjusted and the standard one happened to share the same multiplier in this case),
1Hour Chart:
On 5 min chart tells a different story as the range between blue/red levels can be deemed as to big for a short term trade, while the grey line is adjusted to suit that particular timeframe (You can still adjust to make it bigger/smaller from the settings, more on this below)
5Min Chart:
█ Little bit on Gann Square of 9 table
This is the square of nine table, the numbers highlighted in Red are known as Cardinal Cross and considered to be a major Support/Resistance while those in Blue color are known as Ordinal Cross considered as minor (but still important) Support/Resistance levels
Similarly, this script use these numbers (and certain multipliers) to print out the levels, with Cardinal numbers represented by solid lines and Ordinal numbers by dotted lines.
█ How it Works and Limitations
The Volatility Adjusted grid will go through several iterations of different multipliers to find the Gann number range that is at least bigger than times ATR. Because it's using ATR to determine the range, occasionally you'll notice that the line become smaller as ATR contracting (and vice versa). To overcome this, you can change the size range multiplier from the settings to retrieve the previous range size.
Use the size guide at the bottom left to find the multiplier that suits your need:
1st Row -> Previous Range -- Change Range Size to number lower than this to get a smaller range
2nd Row -> Next Range -- Change Range Size to number higher than this to get a larger range
Example:
Before:
After:
As you'll soon realise, the key here is to find the range that fits the historical structure and suits your own strategy. Enjoy :)
█ Disclaimer
Past performance is not an indicator of future results.
My opinions and research are my own and do not constitute financial advice in any way whatsoever.
Nothing published by me constitutes an investment recommendation, nor should any data or Content published by me be relied upon for any investment/trading activities.
I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
Any ideas to further improve this indicator are welcome :)
[NH] Forex SessionsOverview of the 3 main forex trading sessions (New York, London, Tokyo) with alerts and a clean, minimalistic look.
New York:
8:00 am - 5:00 pm EST
London:
3:00 am - 12:00 pm EST
Tokyo:
7:00 pm - 4:00 am EST
Directional Strength Panel█ OVERVIEW
The panel display trend momentum of selected coins/symbol (up to 6) based on the Arnaud Legoux Moving Average (ALMA). I'm using ALMA to measure the trend because it resolves 2 main issue of the more common moving averages, smoothing and responsiveness. By removing the minor fluctuations in price without sacrificing the responsiveness, the trend become much more clearer and easier to be measured.
In essence, as the meter approaches 100, it means the ALMA is pointing up (0 means pointing down)
█ Features
- Adjustable ALMA settings with options to turn on/off display the ALMA on current chart
- Select 6 symbols of your choice to be monitored in the settings (You have to manually update the label to display)
- Working on all timeframes
- Switch the panel color to suit background chart theme (Light/Dark)
█ Developer Notes
I'm working with table a lot lately and decided to publish this as a sample if anyone wishes to edit the script to display whatever they want. main calculation in get_data() function should be clamped to value between 0-100. As for the panel size, you can edit the row_max (currently set to 20 and 40) if you need it to be smaller or bigger (**i feel anything smaller than 16 is ugly)
█ Disclaimer
Past performance is not an indicator of future results.
My opinions and research are my own and do not constitute financial advice in any way whatsoever.
Nothing published by me constitutes an investment recommendation, nor should any data or Content published by me be relied upon for any investment/trading activities.
I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
Any ideas to further improve this indicator are welcome :)
Central Bank Interest RatesThis indicator will show central bank interest rates on any major currency pairs.
I included the last 10 values for the study and will update them with future changes.
Major currencies: USD, CAD, NZD, AUD, JPY, EUR, CHF, GBP
I might add CZK, TRY, ZAR, and Yuan in the future.
Sideways detection bollinger bandsSideways detection indicator using Bollinger bands .
In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend.
If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or not.
Of course using it as a standalone has no usage, and it has to be combined with other tools like moving average, oscillators and so on.
IF you have any questions let me know
3x EMA fast, 3 x MA slow + BB + PsarThis is a trend system which combines multiple fast EMA + mulitple slower SMA together with bollinger band channel and PSAR.
For entry rules the ones that I use are:
Long
We are inside BB channel, psar is ascending, and our close is above all moving averages or below all EMA'S + 1 SMA
WE can exit either when our close is below all EMA's or when PSAR is descending or when we hit upper/lower BB levels
Short
We are inside BB channel, psar is descnending, and our close is below all moving averages or below all EMA's + 1 SMA
WE can exit either when our close is above all EMA's or when PSAR is ascending or when we hit upper/lower BB levels
If you have any questions, let me know
[astropark] price levels lightDear Followers,
today I'm glad to present you an light version indicator of my "price levels" one that you can see here below:
It's a great analysis tool, for both scalpers, day traders and swing traders, and it works on every timeframe, market and pair .
I suggest you so check-out previous version indicator's description to understand how to use it and why such a tool may be important for your trading journey.
This light indicator puts the focus on following values only:
Monday Range (High - Low - Mid Range)
Weekly Open (which is also Monday Open)
Monthly Open
Yearly Open
Yearly Range (High - Low)
Besides it's a light version, it comes with a nice feature, enabled by default: shows only latest value of each type!
This way you will have a very clean chart, as you can skip to see previous not anymore important values, focusing on latest ones.
As in the not-light version, you can:
choose price levels to hide and show
change each level color / thickness / display style (solid or dotted)
choose to show or hide price labels and change their size
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] Moon Phases [alarms]Dear Followers,
today I'm glad to present you an indicator which calculates Moon Phases and let's you set an alert over it.
This is a public free indicator based on the public one by @paaax:
I added my usual alert system logic, plus some more customization inputs for easy coloring.
The lower the timeframe you use it and set your alerts on, the more precise the alert value you get.
Here below the script for backtesting it:
Enjoy!
-- astropark
quarter level dinamicLimited quarter level script but more flexible in compared to my FX script, same logic behind
quarter level 0.5 to 2.0This script could help to see edged level for a reverse on forex, not for yen pairs and is based on quarter and round number theory.
I suggest to use it on H4 timeframe or lower to have a confermation on support or resistance level.
TradingWise Supply and Demand Indicator 1.0TradingWise Supply and Demand Indicator 1.0 is based on the Price Action candlestick patterns to identify the Supply and Demand zones in the charts (Areas of liquidity). It works on all Timeframes and Asset Classes. This Script helps the traders to identify the demand and supply zones with identifications on the candle stick patterns indicating the origin of the Strong move. Also it generates Alerts automatically once the supply or demand area is formed thus by reducing the hours spent on the charts and reducing the missed trade Opportunities as well. This Indicator is extremely helpful for those on Full time Jobs/ Busy Schedule.
Buy/Sell Alerts by Indicator:
Green Diamond + DZ Sign ---> Indicates the Demand Zone Formation. Place Buy Trade upon Entry Criteria Met
Orange Diamond + SZ Sign ---> Indicates the Supply Zone Formation. Place Sell Trade upon Entry Criteria Met
WOTS Forex IndicatorThe WOTS Forex Indicator gives you a true picture of the market entry points, after a scan it performs every period (after every candlestick closes) . It is pretty straightforward in its use with clear visual representation of the entry and exit points provided by the indicator.
This allows you to make improved entry and exit points either you're going long or short on any Forex pair you like, and accommodates many trading styles, systems, and strategies.
It will work along most TradingView indicators and the timeframes we recommend you using it are the 30M, 1H and sometimes the 4H chart.
The specific components of the indicator are:
Methodology:
The indicator uses a MACD oscillator to determine the local trend direction and to give buy & sell signals when its conditions are met.
An optional build-in indicator, exponential moving average cross (EMA cross), can be used to filter out 'false' signals.
The calculation of the entry points are drawn from universal prices that fit every pair in the Forex market you may choose.
Persistent variables are used for buy and sell prices, enabling color-coding of the signals (profitable or not).
Features:
Color coded labels - Buy & Sell
Four types of entries - Bull Buy = orange, Scalp Buy = green & Bear Sell = purple, Scalp Sell = red
Universal prices fitting all Forex pairs
Four Buy and Sell signal alerts
Remarks:
In our experience and recommendation, the values used work best on the 30-minute & 1-Hour timeframes. We encourage everyone to experiment the best results we had, were on this specific timeframe, higher or even lower.
Using the indicator on non-standard charts (Heikin Ashi, Renko etc.) can produce unrealistic results.
- Thanks to John Aslanis and Alexandros Temelkou the idealists and creators of this indicator.
Use the link below to watch a tutorial video, request a trial, or purchase for access
test Xbr Super Volume 3.0A new update that can be used in liquid markets using graphical analysis.
The logic of this indicator is to automatically carry out the analysis of points where there is volume absorption, indicating on the graph through an arrow and lines from which defenses and fights can be generated.
Using this methodology we can find good moments to negotiate.
Stronger Classical Support/Resistance + Round LevelsI wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced, accurate and efficient.
As the result it could do the followings for now:
- Draw more strong classical resistance/support levels by checking previous direction changes of the chart as far as Pine technically allows
- Colorize the levels based on the counted points of retracement/pullback (The darker the color is, the stronger the level is.)
- Show the number of reactions to each level
- Change the color of each level based on its main role as support, resistance or both
- Draw close round levels to current price for Forex pairs
I suggest all users of my previous S/R indicators to try this one.
Feel free to send me any issue or opinion!
FieryTrading Suite AThis trading suite offers a complete package to traders, both long- and short-term. The idea here is that by combining FieryTrading Suite A and B, one can get a better grip on the markets, thus making more profitable trades. This trading suite is suited for all time frames and assets. Ideally one would combine this trading suite with their own strategies or indicators.
This indicator pack consists of several parts and offers quite some customization.
// FieryTrading Suite A
Bar Trend: the bars will get colored according to the current, short-term, trend. Green is bullish, red is bearish and yellow is neutral. By tweaking the Bar Trend Length one can make the bar trend more or less responsive. Higher lengths are better for long term trading, whereas a shorter length is better for short-term or scalping.
MTF EMA: this is actually two indicators in one. First, we have the EMA on the chart, which is a general current trend indicator. Above the EMA means bullish, under the EMA means bearish. This EMA is also colored according to the long-term trend, which gets pulled from a higher time-frame. Green means long term bullish, red long-term bearish, yellow neutral.
Overshoot Area: the green and red bands around the price are areas where the price might potentially reverse from. This works exceptionally well in consolidating (horizontal) markets. The wider the overshoot area, the stronger the trend. A very tight overshoot area might indicate that the price will soon make a strong move. Increase the overshoot length to make it better suited for long-term. Decrease the length for better detection of small moves.
Extra’s:
1) Extreme bars: when turned on, the bars will color blue if the price reaches a potential strong area of reversal or consolidation. Blue bars are also great areas to exit your current position. Increase the Extreme Multiplier in case you want it less responsive. Decrease the multiplier to quicker spot extreme bars, but with a higher margin of error.
2) FieryTrend: due to its popularity, I’ve decided to included my FieryTrend indicator in the Trading Suite. It’s a great tool to manually find trend lines, resistances and supports. See my FieryTrend indicator for more info.
3) Fractals: when turned on, this option will display fractals on the chart. These fractals are mainly used for stop-loss determination, but can be used for other strategies as well.
4) FT B Reversal: when turned on, this will place reversals of the FieryTrend Suit B on the chart. Make sure to keep the inputs of the FT B indicator the same on both the A and B suite. It might trigger some false-positives, don’t trade this blindly. Wait for the lighter color to completely disappear behind the darker one on FT B.
Alerts: Alerts can be created for Extreme Bars, Bar Trend and FieryTrading Suite B Reversals. Bar trend currently triggers an alert of every bullish / bearish bar, want to make it trigger once in the future, but I’m encountering an unknown bug.
// FieryTrading Suite B
This oscillator tries to give traders an idea of the current trend, as well as trend reversals. The higher the lengths, the bigger the potential trends can become. Be aware that higher lengths are less responsive to market movements. The default inputs are best for most traders. Alerts for this indicator can be made in the FT Trading Suite A, indicated by the blue up / down triangles.
// Potential strategies
There are several potential strategies that one can follow by just looking at the chart. Here are some examples:
1.0 For longer term trades one could simply trade the bar colors. Buy when the bar goes green, sell when it goes red.
1.1 You could exit the trade at either an Extreme Bar or when the price enters the Overshoot Area
1.2 During bullish trends (green bars, green MTF EMA), you could spot potential entries with the FieryTrading Suite B. Enter on every dip on the oscillator. Inverse would be true for shorts.
2.0 You could trade the FT B Reversals during their respective trend. So, trade bearish reversals during a red MTF EMA, bullish reversals during a green MTF EMA.
Never trade one indicator naked. Always use other indicators to confirm your bias.
For take-profit and stop-loss selection I would generally advise to look at the most recent fractal and place the stop above / below the fractal bar. Bullish trades should look at the pink fractal, bearish trades at the yellow fractal. When no fractal is available, look at the reversal bar and apply the same strategy.
For short term trades I’d advise a risk-reward of 1.5, longer term 2 – 2.5.
See the screenshots below for a couple of examples.
For access, please take a look at the "Author's Instructions" below.
Crypto SniperAn easy to follow indicator for scalping or long term trades. You can add this indicator to other analysis as a complementary indicator or use it alone for entry and exit your trades.
Features
• Simple entry signals, buy the contract at the end of the signal candle
• Additional entry signals can be enabled to increase your position and your profits
• Get exit signals for your opened trades.
• Alert conditions for all entries, additional entries and exits
• Enable ATR plot of Take Profit and Stop Loss
• Customize your ATR settings to adapt the indicator to any market
This indicator use some analysis to get the bottom/top of the cycles. Any market or timeframe and can be used. Specially designed for scalping on cryptocurrency futures markets.
B&S v3.2This strategy uses RMA, Moving Average used in RSI , to create the buy and sell signals. It is the exponentially weighted moving average with alpha = 1/length.
IT SHOWS ON THE GRAPH:
Buy: Long position.
Sell: Short position.
V ⇣: Institutional volume .
V ⇡: Institutional volume .
T ⇣: Downtrend.
T ⇡: Uptrend.
Volume (V ⇣/V ⇡) when Market Makers moving smart money.
When 200SMA is above 100SMA (T ⇡) 200SMA is below 100SMA (T ⇣)
HOW TO USE?
If you are trading any asset that is in an uptrend, avoid shorting until the sign (T ⇣) appears followed by the Institutional Volume signal (V ⇣) indicating reversion.
If you are trading any asset that is in a downtrend, avoid long positions until the signal (T ⇡) appears followed by the Institutional Volume signal (V ⇡) indicating reversal.
For long operations use "🕗 360" setting for Daily timeframe.
For Day Trade use "🕗 30" for 1 hour or 30 minutes timeframe.