Inizia

Buysellsignal

Smoothing ATR bandThere are two bands calculated with the ATR and I added "Smoothing" into the script. Smoothing ATR with multiplier can display two bands above and below the price. We can ONLY find some ATR bands in Community Scripts with "Basic" setting which is used to set Stop Loss. And yet , Smoothing ATR with multiplier is capable of making traders manifestly recognize OverBought & OverSold. FurtherMore, I added a condition with "plotshape", which is "Stop Hunt" Stop Hunt is an absolutely usual strategy to clean the leverage and it always makes high volatility moves. When high> above band and close< above band , long signal, it means it had been abundantly bought but the larger traders weren't satisfied; therefore, they quickly sold out to lower the price. The sell condition is on the contrary. The signals mainly make traders manifestly recognize OverBought & OverSold.
Indicatore Pine Script®
di khlin712
11
Buy/Sell EMA CandleThis indicator is designed to display various technical indicators, candle patterns, and trend directions on a price chart. Let's break down the code and explain its different sections: Exponential Moving Averages (EMA): The code calculates and plots five EMAs of different lengths (13, 21, 55, 90, and 200) on the price chart. These EMAs are used to identify trends and potential crossovers. Engulfing Candle Patterns: The code identifies and highlights potential bullish and bearish engulfing candle patterns. It checks if the current candle's body size is larger than the combined body sizes of the previous and subsequent four candles. If this condition is met, it marks the pattern on the chart. s3.tradingview.com EMA Crossovers: The code identifies and highlights points where the shorter EMA (ema1) crosses above or below the longer EMA (ema2). It plots circles to indicate these crossover points. Candle Direction and RSI Trend: The code determines the trend direction of the last candle based on whether it closed higher or lower than its open price. It also calculates the RSI (Relative Strength Index) and determines its trend direction (overbought, oversold, or neutral) based on predefined thresholds. s3.tradingview.com Table Display: The code creates a table displaying trend directions for different timeframes (monthly, weekly, daily, 4-hour, and 1-hour) for candle direction and RSI trends. The trends are labeled with "L" for long, "S" for short, and "N/A" for not applicable. High Volume Bars (HVB): The code identifies and colors bars with above-average volume as either bullish or bearish based on whether the price closed higher or lower than it opened. The color and conditions for high volume bars can be customized. s3.tradingview.com Doji Candle Pattern: The code identifies and marks doji candle patterns, where the open and close prices are very close to each other within a certain percentage of the candle's high-low range. RSI-Based Candle Coloring: The code adjusts the color of the candles based on the RSI value. If the RSI value is above the overbought threshold or below the oversold threshold, the candles are colored yellow. Usage and Interpretation: Traders can use this indicator to identify potential trend changes based on EMA crossovers and candle patterns like engulfing and doji. The RSI trend direction can provide additional insight into potential overbought or oversold conditions. High volume bars can indicate potential price reversals or continuation patterns. The table provides an overview of trend directions on different timeframes for both candle direction and RSI trends. Keep in mind that this is a complex indicator with multiple features. Users should carefully evaluate its performance and consider combining it with other indicators and analysis methods for more accurate trading decisions. The table is designed to provide a consolidated view of trend directions and other indicators across multiple timeframes. It is displayed on the chart and organized into rows and columns. Each row corresponds to a specific aspect of analysis, and each column corresponds to a different timeframe. Here's a breakdown of the components of the table: Row 1: Separation. Row 2 (Header Row): This row contains the headers for the columns. The headers represent the different timeframes being analyzed, such as Monthly (M), Weekly (W), Daily (D), 4-hour (4h), and 1-hour (1h). Row 3 (Content Row): This row contains labels indicating the types of information being displayed in the columns. The labels include "T" for Trend, "C" for Current Candle, and "R" for RSI Trend. Row 4 and Onwards: These rows display the actual data for each aspect of analysis across different timeframes. For each aspect of analysis (Trend, Current Candle, RSI Trend), the corresponding rows display the following information: Monthly (M): The trend direction for the given aspect on the monthly timeframe. Weekly (W): The trend direction for the given aspect on the weekly timeframe. Daily (D): The trend direction for the given aspect on the daily timeframe. 4-hour (4h): The trend direction for the given aspect on the 4-hour timeframe. 1-hour (1h): The trend direction for the given aspect on the 1-hour timeframe. The trend directions are represented by labels such as "L" for Long, "S" for Short, or "N/A" for Not Applicable. The table's purpose is to provide a quick overview of trend directions and related information across multiple timeframes, aiding traders in making informed decisions based on the analysis of trend changes and other indicators.
Indicatore Pine Script®
di AleSaira
8
Extreme Entry with Mean Reversion and Trend FilterThis non-repainting indicator is an improved version of my previous work, a more versatile tool designed to provide traders with dynamic and adaptive entry signals while incorporating a mean reversion and trend filtering mechanism. By combining RSI overbought/oversold, regular divergence and confirmatory momentum oscillator such as CCI or MOM, this indicator generates more precise and timely signals for entering trades. The indicator offers a comprehensive set of entry conditions for both Buy and Sell entries: • For Buy entries, it checks for oversold conditions based on RSI levels, and detects bullish divergence patterns while oversold and it identifies upward crossovers in the selected entry signal source (CCI or Momentum). • Similarly, for Sell entries, it identifies downward crossovers of the CCI or Mom, after the recent overbought conditions, and bearish divergence patterns inside the overbought RSI. To refine the entry signals even further, the indicator utilizes a mean reversion filter. Traders can choose to display signals that occur inside or outside the upper and lower mean reversion bands: • Range Entries are indicating potential buying opportunities near the lower band and selling opportunities near the upper band. This is based on the concept of mean reversion, which suggests that prices tend to return to the average when they reach the upper or lower bands. By focusing on these signals, traders can take advantage of price movements that have a higher probability of reversing towards the mean. • Extreme Entries, on the other hand, represent signals that occur outside of the bands, signaling potential pullbacks during strong trends. By entering positions only at extreme highs or lows, traders can avoid getting caught in the middle of the trend. This approach helps traders capitalize more favorable trading opportunities which have a high reward-risk ratio. Trend Filter acts as a directional bias for the entry signals. When enabled, long and short entry conditions are filtered based on the relationship between the closing price and the EMA. Traders have the flexibility to customize, tweak the indicator filter and values in the settings according to their preferences strategies and traded assets, tailoring the signals to their specific needs. The script sets alert conditions to trigger alerts for buy, sell, or both entry signals. This indicator can be used in conjunction with price action or other technical analysis tools for confirmation and better trading decisions. I created this indicator for my own use, and I share this for informational purposes only. It does not constitute financial advice so use at your own risk and consider your financial situation before making any trading decisions. The indicator's accuracy is not guaranteed, and past performance is not indicative of future results. I appreciate your feedback on this indicator. As I am new to script development, I am open to comments and suggestions to improve it. If you encounter any issues while using this indicator, please let me know in the comments section. If you find it helpful, I kindly ask for your support in boosting it. Thank you for your cooperation.
Indicatore Pine Script®
di spudow
22
Edri Extreme Points Buy & SellEDRI EXTREME POINTS BUY & SELL INDICATOR This Buy and Sell (non-repainting) indicator uses signals based on the combined CCI/Momentum and RSI indicators and optional regular divergence. The idea of the indicator is to look for a potential reversal after the price reached extreme points (overbought or oversold) and signals an entry when the price shows signs of momentum for reversal. Optionally, it considers finding a divergence while RSI is at the extreme levels to improve the predictability of a possible reversal. Additionally, the indicator includes a simple Mean Reversion visual on the chart to assist users in identifying extreme price levels and potential reversal opportunities. It features upper and lower bands that can be optionally plotted, showing calculated values where price bounces at those extreme levels. The purpose of these bands is to help traders avoid getting trapped in the middle of a trend and to guide them to buy low and sell high. (It's important to note that this is purely a visual aid and does not impact the generation of trade signals.) By utilizing the Mean Reversion bands alongside the entry conditions, traders can gain insights into potential price reversals and make more informed decisions about when to enter or exit trades. Buy and Sell Entry conditions: • The indicator looks at the CCI/Momentum indicator to turn positive (if buy) or negative (if sell) after the RSI was overbought or oversold in the recent past. • It also checks if there is a 3-period regular bullish divergence in the RSI (if buy), or regular bearish divergence (if sell) and consider these in the entry condition. • If these conditions are met, this indicator suggests that it may be a good time to enter a trade. In summary this is how this indicator works: • The indicator takes input settings such as the choice between using CCI or Momentum as the entry signal source, length parameters for CCI/Momentum, RSI levels for overbought and oversold conditions, RSI length, and options to plot mean reversion bands on the chart. • It calculates the CCI and Momentum and RSI values based on user-defined length.. • It checks for regular bullish and bearish divergences (3 periods) in the RSI if the option is enabled. • The script plots shapes on the chart to indicate the buy and sell signals based on the entry conditions. • If the mean reversion bands option is enabled, it calculates the mean reversion, standard deviation, upper band, and lower band values. • It also plots the upper band, mean reversion line, and lower band on the chart if the mean reversion bands option is enabled. • This indicator includes alert conditions to generate alerts for the buy and sell signals. • On top of that, users can opt to use only one alert for both buy and sell signals. (This can save Trading view subscribers with limited alerts.) Important! Please do not consider everything you read here as financial advice. Additionally, do not rely solely on indicators for making your trading decisions. It is important to note that no indicator or strategy is perfect. Therefore, it is always recommended to backtest everything and practice proper risk management. I appreciate your feedback on this indicator. As I am new to script development, I am open to comments and suggestions to improve it. If you encounter any issues while using this indicator, please let me know in the comments section. If you find it helpful, I kindly ask for your support in boosting it. Thank you for your cooperation.
Indicatore Pine Script®
di spudow
59
Advanced Exponential Smoothing Indicator (AESI) [AstrideUnicorn]The Advanced Exponential Smoothing Indicator (AESI) provides a smoothed representation of price data using the exponential smoothing technique. It helps traders identify the overall trend and potential reversal points in the market. SETTINGS Length: The number of periods used for the calculation of the exponential moving average (EMA). Higher values provide a smoother result but may lag behind price movements. Alpha: The smoothing factor that determines the weight of the recent price data in the smoothing calculation. Higher values give more weight to recent data, resulting in a more responsive indicator. Cloud Mode: Determines whether to display a cloud between the AESI line and the EMA line. When enabled, the cloud represents bullish (green) and bearish (red) market conditions. HOW TO USE The AESI indicator consists of a single line that represents the advanced exponential smoothing of the price data. It aims to provide a smoother version of the price series, reducing noise and revealing the underlying trend. Bullish Condition: When the AESI line is above the EMA line, it indicates a bullish market condition. Traders may consider looking for buying opportunities or holding onto existing long positions. Bearish Condition: When the AESI line is below the EMA line, it suggests a bearish market condition. Traders may consider looking for selling opportunities or holding onto existing short positions. Optional Cloud Mode: Enabling the cloud mode allows you to visualize bullish and bearish market conditions more clearly. The cloud appears between the AESI line and the EMA line, providing a visual representation of the prevailing market sentiment. Bullish Cloud: When the AESI line is above the EMA line, the cloud is green, indicating a potential bullish market condition. Bearish Cloud: When the AESI line is below the EMA line, the cloud is red, indicating a potential bearish market condition. Note: The AESI indicator is most effective when used in conjunction with other technical analysis tools and indicators to confirm trading signals and make informed trading decisions. Adjusting the Parameters: You can adjust the Length and Alpha parameters to find the best ones for different timeframes and market conditions. Experimenting with different parameter values can help you find the optimal settings for your trading strategy. It is recommended to backtest the AESI indicator on historical price data and evaluate its performance before using it in live trading. Remember that no indicator can guarantee profitable trades, and it is important to use risk management techniques and exercise caution when making trading decisions.
Indicatore Pine Script®
di AstrideUnicorn
3
Trend hunter strategy - buy & sellThe indicator combines multiple technical indicators and conditions to generate buy and sell signals. Here's how the indicator works and how to use it: Strategy Selection: The indicator provides a dropdown menu to choose the type of strategy. The available options are "Pullback" and "Simple." Supertrend Settings: The Supertrend indicator is used to identify the trend direction. The indicator takes two input parameters: ATR Length: Specifies the length of the Average True Range (ATR) used in the Supertrend calculation. The default value is 10. Factor: Specifies the factor used in the Supertrend calculation. The default value is 3.0. EMA Settings: The indicator also includes an Exponential Moving Average (EMA) condition. You can enable or disable the EMA condition using the "Ema Condition On/Off" checkbox. If enabled, the indicator calculates an EMA based on the close price. You can specify the length of the EMA using the "Ema Length" input parameter. The default value is 200. RSI Settings: The Relative Strength Index (RSI) indicator is used to generate additional conditions. You can enable or disable the RSI condition using the "Rsi Condition On/Off" checkbox. If enabled, the indicator calculates the RSI based on the close price. You can specify the length of the RSI using the "Rsi Length" input parameter. The default value is 14. Additionally, you can set the overbought and oversold levels for the RSI using the "RSI BUY Level" and "RSI SELL Level" input parameters, respectively. The default value for both is 50. Final Conditions: The indicator combines the Supertrend, EMA, and RSI conditions to generate buy and sell signals. The specific conditions depend on the chosen strategy: For the "Simple" strategy, the buy condition is when the Supertrend is in an up trend, not in a previous long position, the RSI is above the overbought level, and the close price is above the EMA. For the "Pullback" strategy, the buy condition is when there is a cross under of the previous low with the Supertrend, the Supertrend is in an up trend, the RSI is above the overbought level, and the close price is above the EMA. The sell conditions are the opposite of the respective buy conditions. Backtest Period: You can specify the start and end dates for the backtesting using the "Start calculations from" and "End calculations" inputs, respectively. The default start date is "2005-01-01" and the default end date is "2045-03-01." (this is work in progress) Still working on the table part, it is a bit tricky. Trade Direction: You can choose the trade direction using the "Trade Direction" input parameter. The available options are "Long," "Short," and "Both." Depending on the selected trade direction, the indicator will generate signals accordingly. Visual Display: The indicator plots the Supertrend line on the price chart. Buy signals are shown as green labels below the price bars. Sell signals are shown as red labels above the price bars. Adjust the input parameters according to your preferences, and then apply the indicator to a chart to see the generated signals. Please note that this indicator should be used for educational purposes only and should be thoroughly tested before using it for real trading.
Indicatore Pine Script®
di brutaltraderyt
1
HK Percentile Interpolation One This script is designed to execute a trading strategy based on Heikin Ashi candlesticks, moving averages, and percentile levels. Please note that you should keep your original chart in normal candlestick mode and not switch it to Heikin Ashi mode. The script itself calculates Heikin Ashi values from regular candlesticks. If your chart is already in Heikin Ashi mode, the script would be calculating Heikin Ashi values based on Heikin Ashi values, which would produce incorrect results. The strategy begins trading from a start date that you can specify by modifying the `startDate` parameter. The format of the date is "YYYY MM DD". So, for example, to start the strategy from January 1, 2022, you would set `startDate = timestamp("2022 01 01")`. The script uses Heikin Ashi candlesticks, which are plotted in the chart. This approach can be useful for spotting trends and reversals more easily than with regular candlestick charts. This is particularly useful when backtesting in TradingView's "Rewind" mode, as you can see how the Heikin Ashi candles behaved at each step of the strategy. Buy and sell signals are generated based on two factors: 1. The crossing over or under of the Heikin Ashi close price and the 75th percentile price level. 2. The Heikin Ashi close price being above certain moving averages. You have the flexibility to adjust several parameters in the script, including: 1. The stop loss and trailing stop percentages (`stopLossPercentage` and `trailStopPercentage`). These parameters allow the strategy to exit trades if the price moves against you by a certain percentage. 2. The lookback period (`lookback`) used to calculate percentile levels. This determines the range of past bars used in the percentile calculation. 3. The lengths of the two moving averages (`yellowLine_length` and `purplLine_length`). These determine how sensitive the moving averages are to recent price changes. 4. The minimum holding period (`holdPeriod`). This sets the minimum number of bars that a trade must be kept open before it can be closed. Please adjust these parameters according to your trading preferences and risk tolerance. Happy trading!
Strategia Pine Script®
di jensenvilhelm
4
Multi-Divergence Buy/Sell IndicatorThe "Multi-Divergence Buy/Sell Indicator" is a technical analysis tool that combines multiple divergence signals from different indicators to identify potential buy and sell opportunities in the market. Here's a breakdown of how the indicator works and how to use it: Input Parameters: RSI Length: Specifies the length of the RSI (Relative Strength Index) calculation. MACD Short Length: Specifies the short-term length for the MACD (Moving Average Convergence Divergence) calculation. MACD Long Length: Specifies the long-term length for the MACD calculation. MACD Signal Smoothing: Specifies the smoothing length for the MACD signal line calculation. Stochastic Length: Specifies the length of the Stochastic oscillator calculation. Stochastic Overbought Level: Defines the overbought level for the Stochastic oscillator. Stochastic Oversold Level: Defines the oversold level for the Stochastic oscillator. Calculation of Indicators: RSI: Calculates the RSI based on the specified RSI Length. MACD: Calculates the MACD line, signal line, and histogram based on the specified MACD parameters. Stochastic: Calculates the Stochastic oscillator based on the specified Stochastic parameters. Divergence Detection: RSI Divergence: Identifies a bullish divergence when the RSI crosses above its 14-period simple moving average (SMA). MACD Divergence: Identifies a bullish divergence when the MACD line crosses above the signal line. Stochastic Divergence: Identifies a bullish divergence when the Stochastic crosses above its 14-period SMA. Buy and Sell Conditions: Buy Condition: Triggers a buy signal when all three divergences (RSI, MACD, and Stochastic) occur simultaneously. Sell Condition: Triggers a sell signal when both RSI and MACD divergences occur, but Stochastic divergence does not occur. Plotting Buy/Sell Signals: The indicator plots green "Buy" labels below the price bars when the buy condition is met. It plots red "Sell" labels above the price bars when the sell condition is met. Usage: The indicator can be used on any timeframe and for any trading instrument. Look for areas where all three divergences (RSI, MACD, and Stochastic) align to generate stronger buy and sell signals. Consider additional technical analysis and risk management strategies to validate the signals and manage your trades effectively. Remember, no indicator guarantees profitable trades, so it's essential to use this indicator in conjunction with other tools and perform thorough analysis before making trading decisions. Feel free to ask any questions
Indicatore Pine Script®
di brutaltraderyt
10
Fib top and bottom Hunter - No Repaint "Top and bottom Hunter" indicator combines two popular technical analysis tools, Fibonacci retracement levels and the Relative Strength Index (RSI), to identify potential trading opportunities in the market. Fibonacci retracement levels are based on the Fibonacci sequence, a mathematical series where each number is the sum of the two preceding ones. In trading, Fibonacci retracement levels are used to identify potential support and resistance levels based on the recent price action. The indicator uses two Fibonacci levels, fib_0 and fib_1, which are typically set to 0.382 and 0.618, respectively. These levels represent common retracement ratios. To calculate the Fibonacci levels, the indicator considers the highest and lowest prices within a specified range, typically the highest and lowest of the last two bars. It calculates the fib_range, which is the difference between the highest and lowest prices. Then, fib_level_0 and fib_level_1 are determined by subtracting the Fibonacci ratios from the highest price. The RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought and oversold conditions in the market. The RSI parameters used in this indicator are rsi_length (length of the RSI calculation), rsi_overbought (upper threshold indicating overbought conditions), and rsi_oversold (lower threshold indicating oversold conditions). The RSI value is calculated based on the closing prices. The indicator generates buy and sell signals based on specific conditions: Buy Condition: A buy signal is triggered when the RSI crosses above the oversold level (rsi_oversold) and the closing price is higher than fib_level_1. This indicates a potential reversal or bounce from the Fibonacci support level. Sell Condition: A sell signal is triggered when the RSI crosses below the overbought level (rsi_overbought) and the closing price is lower than fib_level_0. This suggests a potential reversal or pullback from the Fibonacci resistance level. In summary, this indicator combines the power of Fibonacci retracement levels and the RSI to identify potential trading opportunities. It helps traders find confluence between the Fibonacci support or resistance levels and the RSI readings, indicating potential trend reversals or bounces. Traders can use this information to make informed decisions about entering or exiting positions in the market. Feel free to change the settings for what works best for you and use this with other confluences. I personally use RSI overbought and oversold values as 80 and 20
Indicatore Pine Script®
di brutaltraderyt
38
Inside candle (Inside Bar) Strategy- by smartanuThe Inside Candle strategy is a popular price action trading strategy that can be used to trade in a variety of markets. Here's how you can trade the Inside Candle strategy using the Pine script code provided: 1. Identify an Inside Candle: Look for a candlestick pattern where the current candle is completely engulfed within the previous candle's high and low. This is known as an Inside Candle. 2. Enter a Long Position: If an Inside Candle is identified, enter a long position at the open of the next candle using the Pine script code provided. 3. Set Stop Loss and Take Profit: Set a stop loss at a reasonable level to limit your potential losses if the trade goes against you. Set a take profit at a reasonable level to take profit when the price reaches the desired level. 4. Manage the Trade: Monitor the trade closely and adjust the stop loss and take profit levels if necessary. You can use the Pine script code to automatically exit the trade when the stop loss or take profit level is hit. 5. Exit the Trade: Exit the trade when the price reaches the take profit level or the stop loss level is hit. It's important to note that the Inside Candle strategy is just one of many strategies that traders use to trade the markets. It's important to perform your own analysis and use additional indicators before making any trades. Additionally, it's important to practice proper risk management techniques and never risk more than you can afford to lose.
Indicatore Pine Script®
di anukul786
2
Chandelier Exit ZLSMA StrategyIntroducing a Powerful Trading Indicator: Chandelier Exit with ZLSMA If you're a trader, you know the importance of having the right tools and indicators to make informed decisions. That's why we're excited to introduce a powerful new trading indicator that combines the Chandelier Exit and ZLSMA: two widely-used and effective indicators for technical analysis. The Chandelier Exit (CE) is a popular trailing stop-loss indicator developed by Chuck LeBeau. It's designed to follow the price trend of a security and provide an exit signal when the price crosses below the CE line. The CE line is based on the Average True Range (ATR), which is a measure of volatility. This means that the CE line adjusts to the volatility of the security, making it a reliable indicator for trailing stop-losses. The ZLEMA (Zero Lag Exponential Moving Average) is a type of exponential moving average that's designed to reduce lag and improve signal accuracy. The ZLSMA takes into account not only the current price but also past prices, using a weighted formula to calculate the moving average. This makes it a smoother indicator than traditional moving averages, and less prone to giving false signals. When combined, the CE and ZLSMA create a powerful indicator that can help traders identify trend changes and make more informed trading decisions. The CE provides the trailing stop-loss signal, while the ZLSMA provides a smoother trend line to help identify potential entry and exit points. In our indicator, the CE and ZLSMA are plotted together on the chart, making it easy to see both the trailing stop-loss and the trend line at the same time. The CE line is displayed as a dotted line, while the ZLSMA line is displayed as a solid line. Using this indicator, traders can set their stop-loss levels based on the CE line, while also using the ZLSMA line to identify potential entry and exit points. The combination of these two indicators can help traders reduce their risk and improve their trading performance. In conclusion, the Chandelier Exit with ZLSMA is a powerful trading indicator that combines two effective technical analysis tools. By using this indicator, traders can identify trend changes, set stop-loss levels, and make more informed trading decisions. Try it out for yourself and see how it can improve your trading performance. Warning: The results in the backtest are from a repainting strategy. Don't take them seriously. You need to do a dry live test in order to test it for its useability. - Here is a description of each input field in the provided source code: length: An integer input used as the period for the ATR (Average True Range) calculation. Default value is 1. mult: A float input used as a multiplier for the ATR value. Default value is 2. showLabels: A boolean input that determines whether to display buy/sell labels on the chart. Default value is false. isSignalLabelEnabled: A boolean input that determines whether to display signal labels on the chart. Default value is true. useClose: A boolean input that determines whether to use the close price for extrema calculations. Default value is true. zcolorchange: A boolean input that determines whether to enable rising/decreasing highlighting for the ZLSMA (Zero-Lag Exponential Moving Average) line. Default value is false. zlsmaLength: An integer input used as the length for the ZLSMA calculation. Default value is 50. offset: An integer input used as an offset for the ZLSMA calculation. Default value is 0. - Ty for checking this out and good luck on your trading journey! Likes and comments are appreciated. 👍 -- Credits to: ▪ @everget – Chandelier Exit (CE) ▪ @netweaver2022 – ZLSMA
Strategia Pine Script®
di simwai
5
BUY/SELL + ADVANCE DECLINEThis script is a custom trading view indicator that helps to identify potential buy and sell signals based on the RSI (Relative Strength Index) and SMA (Simple Moving Average) indicators. The script also identifies potential reversals using a combination of RSI and price action. It plots buy, sell, and reversal signals on the chart along with an SMA line. Additionally, it provides alerts based on the buy, sell, and reversal conditions. Changes made to the original script: Fixed the undeclared identifier 'c' error by calculating the difference between the current closing price and the previous closing price: c = close - close . Added an "ADD Value Floating Label" to the chart. The label shows the difference between the current and previous closing prices (ADD value) along with a "Bullish" or "Bearish" indicator based on the value of 'c'. The label is positioned at the top right of the visible chart area and remains static. Here's a summary of the major components of the script: Input settings: Define the input parameters for RSI and SMA. Calculation of RSI and SMA: Compute the RSI and SMA values based on the input parameters. Color definitions: Define colors for different conditions and levels. Condition definitions: Define various conditions for buy, sell, reversal, and other criteria. Buy and sell conditions: Determine buy and sell signals based on RSI, SMA, and price action. Reversal conditions: Identify potential reversals using RSI and price action. Plot signals: Display buy, sell, and reversal signals on the chart. Bar colors: Color the bars based on the identified signals. Plot SMA: Display the SMA line on the chart. Alert conditions: Set up alerts for buy, sell, and reversal conditions. ADD Value Floating Label: Add a label to the chart showing the ADD value and a "Bullish" or "Bearish" indicator.
Indicatore Pine Script®
di ChaseSpeegle
15
SPY 4 Hour Swing TraderThe purpose of this script is to spot 4 hour pivots that indicate ~30 trading day swings. As VIX starts to drop options trading will get more boring and as we get back on the bull and can benefit from swing trading strategy. Swing trading doesn't make a whole lot of sense when VIX is above 28. Seems to get best results on 4 hour chart for this one. This indicator spots a go long opportunity when the 5 ema crosses the 13 ema on the 4 hour along with the RSI > 50 and the ADX > 20 and Stoichastic values (smoothed line < 80 or line < 90) and close > last candle close and the True Range < 6. It also spots uses a couple different means to determine when to exit the trade. Sell condition is primarily when the 13 ema crosses the 5 ema and the MACD line crosses below the signal line and the smoothed Stoichastic appears oversold (greater than 60) and slop of RSI < -.2. Stop Losses and Take Profits are configurable in Inputs along with ability to include short trades plus other MACD and Stoichastic settings. If a stop loss is encountered the trade will close. Also once twice the expected move is encountered partial profits will taken and stop losses and take profits will be re-established based on most recent close. Also a VIX above 28 will trigger any open positions to close. If trying to use this for something other than SPXL it is best to update stop losses and take profit percentages and check backtest results to ensure proper levels have been selected and the script gives satisfactory results.
Strategia Pine Script®
di fbearman2000
SPY 1 Hour Swing TraderThe purpose of this script is to spot 1 hour pivots that indicate ~5 to 6 trading day swings. Results indicate that swings are held approximately 5 to 6 trading days on average, over the last 6 years. This indicator spots a go long opportunity when the 5 ema crosses the 13 ema on the 1 hour along with the RSI > 50. It also spots uses a couple different means to determine when to exit the trade. Sell condition is primarily when the 13 ema crosses the 5 ema and the MACD line crosses below the signal line and the smoothed Stoichastic appears oversold (greater than 60). Stop Losses and Take Profits are configurable in Inputs along with ability to include short trades plus other MACD and Stoichastic settings. If a stop loss is encountered the trade will close. Also once twice the expected move is encountered partial profits will taken and stop losses and take profits will be re-established based on most recent close. Once long trades are exited, short trades will be initiated if recent conditions appeared oversold and input option for short trading is enabled. If trying to use this for something other than SPXL it is best to update stop losses and take profit percentages and check backtest results to ensure proper levels have been selected and the script gives satisfactory results.
Strategia Pine Script®
di fbearman2000
1
Traffic Light Signal - POSTraffic Light Signal (TLS) is simple and most easy setup to trade. How The Traffic Light Signal Works ? First You have to find a Green and red candle pair or red and green candle pair then mark there highest high and lowest low with the help of line tool. if High breaks go for Buy and when low breaks go Sell. Avoid Doji candle Pair to get better result. Additonal Indicator Used : Relative Strength Index : To find Overbought and Oversold Zones How to Take trade with The help of TLS indicator : The Indicator detects the Pair candle and detect whether the pair bar high or low cross over or cross under and display the signal over the chart. if Triangle UP Shape Appears on chart , Once the high of the signal candle breaks take entry for buy side StopLoss will be low of the signal candle. if Triangle Down Shape Appears on chart, once the low of the signal candle breaks take entry for Short side StopLoss will be low of the signal Candle. Always Try to take profit 1:2 or as per your risk rewards. Note : if you are scalping then avoid first and Last Bar of day in 1 min and 3 min timeframe only if you are Intraday Trader Use 5 Min and 15 Min max for this strategy. if your are positional Trader use 1hr or 1 day Timeframe to trade. No more than 3 trades to trade on this indicator. Use Additional Indicator for Accuracy Indicator works on Crypto , Equity , Futures , Options. Hope you like this if any issue with this indicator ask below or message me. Thanks and Regards, TradingTail
Indicatore Pine Script®
di LossTronaut
9
Adaptive Fusion ADX VortexIntroduction The Adaptive Fusion ADX DI Vortex Indicator is a powerful tool designed to help traders identify trend strength and potential trend reversals in the market. This indicator uses a combination of technical analysis (TA) and mathematical concepts to provide accurate and reliable signals. Features The Adaptive Fusion ADX DI Vortex Indicator has several features that make it a powerful tool for traders. The Fusion Mode combines the Vortex Indicator and the ADX DI indicator to provide a more accurate picture of the market. The Hurst Exponent Filter helps to filter out choppy markets (inspired by balipour). Additionally, the indicator can be customized with various inputs and settings to suit individual trading strategies. Signals The enterLong signal is generated when the algorithm detects that it's a good time to buy a stock or other asset. This signal is based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value is above a certain threshold and there is a crossover between the plus and minus lines of the ADX indicator, then the algorithm will generate an enterLong signal. Similarly, the enterShort signal is generated when the algorithm detects that it's a good time to sell a stock or other asset. This signal is also based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value is above a certain threshold and there is a crossunder between the plus and minus lines of the ADX indicator, then the algorithm will generate an enterShort signal. The exitLong and exitShort signals are generated when the algorithm detects that it's a good time to close a long or short position, respectively. These signals are also based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value crosses above a certain threshold or there is a crossover between the minus and plus lines of the ADX indicator, then the algorithm will generate an exitLong signal. Usage Traders can use this indicator in a variety of ways, depending on their trading strategy and style. Short-term traders may use it to identify short-term trends and potential trade opportunities, while long-term traders may use it to identify long-term trends and potential investment opportunities. The indicator can also be used to confirm other technical indicators or trading signals. Personally, I prefer to use it for short-term trades. Strengths One of the strengths of the Adaptive Fusion ADX DI Vortex Indicator is its accuracy and reliability. The indicator uses a combination of TA and mathematical concepts to provide accurate and reliable signals, helping traders make informed trading decisions. It is also versatile and can be used in a variety of trading strategies. Weaknesses While this indicator has many strengths, it also has some weaknesses. One of the weaknesses is that it can generate false signals in choppy or sideways markets. Additionally, the indicator may lag behind the market, making it less effective in fast-moving markets. That's a reason why I included the Hurst Exponent Filter and special smoothing. Concepts The Adaptive ADX DI Vortex Indicator with Fusion Mode and Hurst Filter is based on several key concepts. The Average Directional Index (ADX) is used to measure trend strength, while the Vortex Indicator is used to identify trend reversals. The Hurst Exponent is used to filter out noise and provide a more accurate picture of the market. In conclusion, the Adaptive Fusion ADX DI Vortex Indicator is a versatile and powerful tool for traders. By combining technical analysis and mathematical concepts, this indicator provides accurate and reliable signals for identifying trend strength and potential trend reversals. While it has some weaknesses, its many strengths and features make it a valuable addition to any trader's toolbox. --- Credits to: ▪️@cheatcountry – Hann Window Smoohing ▪️@loxx – VHF and T3 ▪️@balipour – Hurst Exponent Filter
Indicatore Pine Script®
di simwai
5
UB Profit Signal IndicatorThe UB Profit Signal indicator is a technical analysis tool designed to identify potential buy and sell signals in the market. The indicator is based on four technical indicators - Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Bollinger Bands (BB), and volume moving average. The script starts by defining input variables such as MACD Fast Length, MACD Slow Length, MACD Signal Length, RSI Length, etc. These variables are used to customize the indicator based on the user's preference. The MACD is calculated using the ta.macd function, which returns three variables: the MACD Line, Signal Line, and Histogram. The MACD line is calculated as the difference between two exponential moving averages of the price. The signal line is a moving average of the MACD line. The histogram shows the difference between the MACD line and the signal line. The RSI is calculated using the ta.rsi function, which calculates the RSI value based on the number of periods specified in the RSI Length input variable. The RSI is a momentum oscillator that measures the speed and change of price movements. The Bollinger Bands are calculated using the ta.sma and ta.stdev functions. The Simple Moving Average (SMA) is calculated using the close price over 21 periods, while the Standard Deviation is calculated using the close price over the same 21 periods. The upper and lower bands are then calculated based on the SMA and Standard Deviation. Finally, the buy and sell signals are generated based on specific conditions that combine the MACD, RSI, and BB values. For example, a buy signal is generated when the RSI value is greater than 30, the volume is greater than the volume moving average, the close price is greater than the 9-period SMA, and the close price is between the upper and lower BBs. Similarly, a sell signal is generated when the RSI value is less than 40, the volume is greater than the volume moving average, the close price is less than the 9-period SMA, and the close price is between the upper and lower BBs. The buy and sell signals are plotted on the chart using the plotshape function, which creates triangular shapes above and below the bars to indicate the signals. Green triangles indicate a buy signal, while red triangles indicate a sell signal. Overall, the UB Profit Signal indicator can be useful for traders looking to identify potential buy and sell signals in the market and take advantage of price movements.
Indicatore Pine Script®
di Urbanstate
Faytterro Market Structerethis indicator creates the market structure with a little delay but perfectly. each zigzag is always drawn from highest to lowest. It also signals when the market structure is broken. signals fade over time. The table above shows the percentage distance of the price from the last high and the last low. zigzags are painted green when making higher peaks, while lower peaks are considered downtrends and are painted red. In fact, the indicator is quite simple to understand and use. "length" is used to change the frequency of the signal. "go to past" is used to see historical data. Please review the examples:
Indicatore Pine Script®
di faytterro
29
Limited Fisher Transformwhat is Limited Fisher Transform? This indicator is a compressed version of the Fisher transform indicator between 100 and 0 values. what it does? It allows us to define overbought and oversold zones by compressing the values ​​of the "fisher transform" indicator between 0 and 100. also these zones are the same for every timeframe and trading pair, just like RSI. how it does it? it use this formula: x = fisher transform values a = average how to use it? its use is indistinguishable from the standard fisher. You can use it to set alarms for overbought and oversold zones. so you will be notified when a possible opportunity arises in the market.
Indicatore Pine Script®
di faytterro
16
RSI TREND FILTERRSI TREND Filter on Chart RSI scaled to fit on chart instead of oscillator, Trend Analysis is easy and Hidden Divergence is revealed using this indicator. This indicator is an aim to reduce confusing RSI Situations. The Oversold and Overbought lines help to determine the price conditions so its easy to avoid Traps. Oversold and Overbought conditions are marked on Chart to make it useful to confirm a Buy or Sell Signals. RSI 50 level is plotted with reference to EMA50 and Oversold and Overbought Conditions are calculated accordingly. Uptrend: RSI Cloud / Candles above RSI 50 Level Down Trend: RSI Cloud / Candles below RSI 50 Level Sideways : Candles in the Gray Area above and below RSI 50 Level Default RSI (14) : is the Candlestick pattern itself Disclaimer: Use Solely at your own Risk.
Indicatore Pine Script®
di traderharikrishna
12
Adaptive Fisherized CMOIntroduction Heyo, here is another no-repaint adaptive fisherized indicator. I added Inverse Fisher Transform, Ehlers dominant cycle analysis and smoothing to the Chande Momentum Oscillator (CMO). Usage The CMO is a momentum oscillator which shows the usual movement of an asset. I recommend to use it from a lower timeframe with a higher timeframe set. Signals (Signal mode will come soon.) Zero Line CMO crosses above zero line => enter long CMO cross below zero line => ente short Overbought/Oversold CMO crosses above bottom band => enter long CMO crosses under top band => enter short MA (Maybe this signals will vary. Then, check update notes.) CMO crosses above MA => enter long CMO crosses below MA => enter short Enjoy and share your experience with it! More to read: CMO Explanationsp
Indicatore Pine Script®
di simwai
Chandelier Exit ZLSMA StrategyIntroduction Heyo guys, I recently checked out some eye-catching trading strategy videos on YT and found one to test. This indicator is based on the video. Usage The recommended timeframe is 5 min. Signals Long Entry => L Label Price crosses above ZLSMA and Chandelier Exit shows Buy Long Exit => green circle Price crosses below ZLSMA Short Entry => S Label Price crosses below ZLSMA and Chandelier Exit shows Sell Short Exit => orange circle Prices crosses above ZLSMA Ty for checking this out. Enjoy! -- Credits to @netweaver2011 - ZLSMA @everget – Chandelier Exit
Indicatore Pine Script®
di simwai
19
Adaptive Fisherized KSTIntroduction Heyo guys, here is a new adaptive fisherized indicator of me. I applied Inverse Fisher Transform, Ehlers dominant cycle analysis, smoothing and divergence analysis on the Know Sure Thing (KST) indicator. Moreover, the indicator doesn't repaint. Usage I didn't backtest the indicator, but I recommend the 5–15 min timeframe. It can be also used on other timeframs, but I have no experience with that. The indicator has no special filter system, so you need to find an own combo in order to build a trading system. A trend filter like KAMA or my Adaptive Fisherized Trend Intensity Index could fit well. If you find a good combo, let me know it in the comments pls. Signals Zero Line KST crossover 0 => Enter Long KST crossunder 0 => Enter Short Cross KST crossover KST MA => Enter Long KST crossunder KST MA => Enter Short Cross Filtered KST crossover KST MA and KST above 0 => Enter Long KST crossunder KST MA and KST under 0 => Enter Short KST crossunder 0 => Exit Long KST crossover 0 => Exit Short More to read: KST Explanation Enjoy and let me know your opinion! -- Credits to - @tista - @blackcat1402 - @DasanC - @cheatcountry
Indicatore Pine Script®
di simwai
2