Inizia

Channeltrend

Pivot-Based Channels & Bands [Misu]█ This Indicator is based on Pivot detection to show bands and channels. The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level. █ Usages: Use channels as a support & resistance zone. Use bands as a support & resistance zone. It is also very powerfull to use it as a breakout. Use mid bands & mid channels as a trend direction or trade filter as a more usual moving average. █ Parameters: Show Pivot Bands: show bands. Show Pivot Mid Band: show mid bands. Show Pivot Channels: show channels. Show Pivot Mid Channel: show mid channels. Deviation: deviation used to calculate pivot points. Depth: depth used to calculate pivot points.
Indicatore Pine Script®
di Fontiramisu
DEMA Supertrend Bands [Misu]█ Indicator based on DEMA (Double Exponential Moving Average) & Supertrend to show Bands . DEMA attempts to remove the inherent lag associated with Moving Averages by placing more weight on recent values. Supertrend aims to detect price trends, it's also used to set protective stops. █ Usages: Combining Dema to calculate Supertrend results in nice lower and upper bands. This can be used to identify potential supports and resistances and set protective stops. █ Parameters: Length DEMA: Double Ema lenght used to calculate DEMA. Dema is used by Supertrend indicator. Length Atr: Atr lenght used to calculate Atr. Atr is used by Supertrend indicator. Band Mult: Used to calculate Supertrend Bands width. █ Other Applications: The mid band can be used to filter bad signals in the manner of a more classical Moving Average.
Indicatore Pine Script®
di Fontiramisu
Supertrend Channels [LuxAlgo]The Supertrend is one of the most used indicators by traders when it comes to determining whether the market is up-trending or down-trending. This indicator is displayed as a trailing stop, showing a lower monotonic extremity during up-trends and an upper monotonic extremity during down-trends. Today we propose a channel indicator based on the Supertrend trailing stop using trailing maximas/minimas. Settings Length: Atr length used by the Supertrend indicator. Mult: Multiplicative factor for the Atr used by the Supertrend indicator. Usage The ability of the indicator to show an up-trend or down-trend is the same as the Supertrend, with rising channels when an up-trend is detected by the Supertrend and declining channels when a down-trend is detected by the Supertrend. The look of the channels can remind of the Donchian channels indicator, and as such a similar usage can be appropriate. The extremities can for example be used as supports and resistances. Additionally, the channel's average can be used to filter out noisy variations in the price while keeping a good distance from the price.
Indicatore Pine Script®
di LuxAlgo
25
Linear Regression Channel - Auto Volume BasedBased on oryginal TV indicator BUT with a little twist. ;) I really like the regression channel - but the problem is that the length needs to be always manually adjusted. In this script I try to solve this issue. This is modified version on TV indicator - Linear Regression Channel. The main difference is that now you don't get static length - it is automatically adjuested to the recent price action (determined by highest volume in last 300 bars).
Indicatore Pine Script®
di okhanLAB
10
[mdeacey] EMA% Channel + BB Range StrategyThis strategy is based off the users selection of an EMA and percentage defined channel. The strategy longs when a red "reversal candle" (that exceeds the averages of 3 and 9 above the EMA 3) is found until such time that either the price goes outside the Bollinger Band or the green reversal candle is found. The same but opposite process for shorts. If the price begins trending and moves outside the channel all trades are exited to prevent loss. For trending markets the sister strategy (" EMA% Channel + Bollinger Band Trending Strategy") should instead be used. The obvious fallback to this strategy is that: - If the bands are too wide we don't have a good definition of trending vs ranging and the price can move up/down significantly and trend whilst remaining within the ranging channel. We try to mitigate this through use of a stoploss defined by ATR and a pretty tight channel. This is a tightrope exercise as making the percentage channels tighter misses earlier entries in optimal cases. Change the parameters to find an EMA and percentages to find the best R/R in your case. Potential further iteration: - It would be good to see if the R/R changes positively if we only allow shorts above the EMA and longs below it. All options are configurable and code open source. Happy trading!
Strategia Pine Script®
di mdeacey
2
[mdeacey] EMA% Channel + Bollinger Band Trending StrategyThis strategy is based off the users selection of an EMA and percentage defined middle, upper and lower channels. The strategy longs if the price crosses the middle to upper channel until such time that a "reversal candle" (that exceeds the averages of 3 and 9 above the EMA 3) is found – and then shorts that reversal candle in the hope the price will change state from trending to ranging and move back to the middle channel. The same but opposite process for shorts. The two obvious fallbacks to this strategy are that: - Once trending the price can continue upwards. We try to mitigate this through use of a stoploss defined by ATR. - Certain percentage thresholds can trigger a long/short with not much room to move before coming back to the middle channel. This is a tightrope exercise as making the percentage channels tighter misses earlier entries in more optimal cases. Change the parameters to find an EMA and percentages to find the best R/R. All options are configurable and code open source. Happy trading!
Strategia Pine Script®
di mdeacey
Repeated Median Regression with Interactive Range SelectionGreetings to all! As you probably know, TradingView now supports interactive inputs that can be directly set on a chart. I decided to build a tool that takes advantage of this incredible feature. This tool applies robust linear regression within a time interval on the chart that you can select interactively. Method The script uses an algorithm known as Repeated Median Regression . It belongs to the class of so-called robust regression methods. The reason they are called “robust” is that these methods are much less sensitive to outliers in the data than the ordinary least squares. The calculation procedure is as follows: For each data point, this algorithm collects the slopes of the lines connecting that point to all other points in the sample, calculates the median slope, and then obtains the median value of these median slopes. Subsequently, it calculates the intercepts of the regression line and the mean absolute error (MAE) of the model. Based on these results, a linear channel is plotted. The upper and lower channel boundaries are set by the MAE value multiplied by a user-defined coefficient. Further reading You can read more about robust linear regression on Wikipedia . For more information on interactive inputs, see the User Manual's page . Previous publication I have already posted a script using the repeated median regression method. Although the core algorithm is essentially the same, interactive input provides fundamentally different functionality to the current script. A word of caution Currently, the interactive interval selection mode can be triggered only when the script is loaded to the chart. Thus, you might have to reload it when switching between different timeframes.
Indicatore Pine Script®
di tbtkg
18
FEJ - DogeMarginFEJ - DogeMargin ist ein All-in-One Indikator. Mit dem ihr euch praktisch das Upgrade auf eine bezahlte Tradingview Version sparen könnt. - Wave-Detector: Bestehend aus einem innovativen Wave-Trenddetector mit dessen hilfe es sehr leicht ist einen Trendwechsel und die vorraussichtliche Stärke des kommenden Moves zu erkennen. - NMA: Eine dynamische Trendlinie um die stärke der Signale zu überprüfen. - Channel: Um potenzielle Trendwenden bzw. Überkaufte oder Überverkaufte Situationen zu erkennen. - Golden- & Deathcross: SMA basierende Crosses um potenzielle Trendwendepunkte zu erkennen und bestehende Signale zu überprüfen. Die SMA Crosses sind in einem festgelegten Timeframe, welcher sich in den Einstellungen anpassen lässt. Die SMA´s sind optional einblendbar. In einem Update folgen noch MACD Crosses. - Volume Candles: Dieser passt die Farbe der Candles entsprechend dem aktuellen Volumen und dessen Richtung an. Dunkel Violett - Der Preis sinkt und das Volumen ist größer als 200% des Durchschnitts der letzten 20 Tage - Stark Bearish Violett - Der Preis sinkt und das Volumen ist zwischen 50% und 200% des Durchschnitts der letzten 20 Tage - Volumen ist weder stark noch schwach Helles Violett - Der Preis sinkt und das Volumen ist geringer 50% des Durchschnitts der letzten 20 Tage - Wenig Support für die aktuellen Preisbewegungen. Aqua - Der Preis steigt und das Volumen ist größer als 200% des Durchschnitts der letzten 20 Tage - Stark Bullish Blau - Der Preis steigt und das Volumen ist zwischen 50% und 200% des Durchschnitts der letzten 20 Tage - Volumen ist weder stark noch schwach Helles Blau - Der Preis steigt und das Volumen ist geringer 50% des Durchschnitts der letzten 20 Tage - Wenig Support für die aktuellen Preisbewegungen. - S & R Lines: Dieser Indikator zeigt die für diesen Timeframe aktuellen Support und Resistance Linien an. - EMA Ribbons: Dieser Indikator zeigt ein Ribbon für den aktuellen Timeframe an. Wave Mit Hilfe der Welle in der Mitte lassen sich Trendwenden erkennen.Die Trendwende ist besonders stark, wenn das Signal bei einem Bull-Signal unterhalb der gelben NMA-Line liegt ; bei einem Bear-Signaloberhalb der gelben NMA-Linie liegt. Wenn Kurs in folge eines Signals nach der NMA schließt, deutet das auf einen Trendwechsel hin. Bis dahin Mit hilfe des Dogeprotocol lassen sich diese Signale noch weiter verbessern undgegenprüfen Channel NMA Golden- & Deathcross Zeigt an wo sich entweder ein SMA Golden- oder Death-Cross befindet WICHTIG: Der TimeFrame für die Crosses ist festgelegt - Standardmäßig auf 4h (240m) Es macht am meisten Sinn, den TF auf 1/10 deines Beobachtungszeitramens zu stellen. 2x SMA´s Volume Candles S & R Lines EMA Ribbos ____________________________________________________________________________________________________________________________ English: FEJ - DogeMargin is an all-in-one indicator. With which you practically do that Upgrading to a paid Tradingview version can save you money. - Wave detector: Consists of an innovative wave trend detector with its help it is very easy to change the trend and the anticipated Recognize the strength of the upcoming move. - NMA: A dynamic trend line to check the strength of the signals. - Channel: Around potential trend reversals or overbought or oversold situations to recognize. - Golden & Death cross: SMA based crosses around potential trend turning points to recognize and to check existing signals. The SMA Crosses are in a fixed timeframe, which can be found in the settings can be adjusted. The SMAs can optionally be faded in. MACD Crosses will follow in an update. - Volume Candles: This adjusts the color of the candles according to the current volume and its direction. Dark Purple - The price is falling and the volume is greater than 200% of the Last 20 Day Average - Strongly Bearish Purple - The price is going down and the volume is between 50% and 200% of the Last 20 days average - volume is neither strong nor weak Light purple - the price goes down and the volume is less than 50% of the Average of the last 20 days - Little support for the current ones Price movements. Aqua - The price goes up and the volume is greater than 200% of the Last 20 days average - Strong Bullish Blue - The price is increasing and the volume is between 50% and 200% of the Last 20 days average - volume is neither strong nor weak Light blue - the price goes up and the volume is less 50% of the Average of the last 20 days - Little support for the current ones Price movements. - S & R Lines: This indicator shows the current support and for this timeframe Resistance lines on. - EMA Ribbons: This indicator shows a ribbon for the current timeframe. Wave Trend reversals can be seen with the help of the wave in the middle. The turnaround is particularly strong when the signal is at one Bull signal is below the yellow NMA line; on a bear signal is above the yellow NMA line. If course closes on a signal after the NMA , it indicates one Change of trend. Until then With the help of the Dogeprotocol, these signals can be improved even further double check Channel NMA Golden & Death Cross Shows where either a SMA golden or death cross is located IMPORTANT: The timeframe für crosses is fixed - by default to 4h (240m) It makes the most sense to set the TF to 1/10 of your observation timeframe. 2x SMAs Volume candles S&R Lines EMA Ribbos
Indicatore Pine Script®
di FiatEaterJens
4
Linear Regression Channel / Curve / Slope by DGTTʜᴇ Lɪɴᴇᴀʀ Rᴇɢʀᴇꜱꜱɪᴏɴ Cʜᴀɴɴᴇʟꜱ Linear Regression Channels are useful measure for technical and quantitative analysis in financial markets that help identifying trends and trend direction. The use of standard deviation gives traders ideas as to when prices are becoming overbought or oversold relative to the long term trend The basis of a linear regression channel    Linear Regression Line – is a line drawn according to the least-squares statistical technique which produces a best-fit line that cuts through the middle of price action, a line that best fits all the data points of interest. The resulting fitted model can be used to summarize the data, to predict unobserved values from the same system. Linear Regression Line then present basis for the channel calculations The linear regression channel    2. Upper Channel Line – A line that runs parallel to the Linear Regression Line and is usually one to two standard deviations above the Linear Regression Line.    3. Lower Channel Line – This line runs parallel to the Linear Regression Line and is usually one to two standard deviations below the Linear Regression Line. Unlike Fibonacci Channels and Andrew’s Pitchfork, Linear Regression Channels are calculated using statistical methods, both for the regression line (as expressed above) and deviation channels. Upper and Lower channel lines are presenting the idea of bell curve method, also known as a normal distribution and are calculated using standard deviation function. A standard deviation include 68% of the data points, two standard deviations include approximately 95% of the data points and any data point that appears outside two standard deviations is very rare. It is often assumed that the data points will move back toward the average, or regress and channels would allow us to see when a security is overbought or oversold and ready to revert to the mean please note : Over time, the price will move up and down, and the linear regression channel will experience changes as old prices fall off and new prices appear █  Linear Regression Study Features   Linear Regression Channel     - Linear regression line as basis     - Customizable multiple channels based on Standard Deviation     - ALERTs for the channel levels   Linear Regression Curve     - Linear regression curve as basis     - Optional : Bands based on Standard Deviation or Volatility (ATR). Bands are applied with fixed levels 1, 2 and 3 times StdDev or ATR away from the curve   Linear Regression Slope     - Optional : Up/Down slope arrows for a used defined period █  Volume / Volatility Add-Ons   High Volatile Bar Indication   Volume Spike Bar Indication   Volume Weighted Colored Bars
Indicatore Pine Script®
di dgtrd
147
(IK) Grid ScriptThis is my take on a grid trading strategy. From Investopedia: "Grid trading is most commonly associated with the foreign exchange market. Overall the technique seeks to capitalize on normal price volatility in an asset by placing buy and sell orders at certain regular intervals above and below a predefined base price." This strategy is best used on sideways markets, without a definitive up or down major trend. Because it doesn't rely on huge vertical movement, this strategy is great for small timeframes. It only goes long. I've set initial_capital to 100 USD. default_qty_value should be your initial capital divided by your amount of grid lines. I'm also assuming a 0.1% commission per trade. Here's the basic algorithm: - Create a grid based on an upper-bound (strong resistance) and a lower-bound (strong support) - Grid lines are spaced evenly between these two bounds. (I recommend anywhere between 5-10 grid lines, but this script lets you use up to 15. More gridlines = more/smaller trades) - Identify nearest gridline above and below current price (ignoring the very closest grid line) - If price crosses under a near gridline, buy and recalculate near gridlines - If price crosses over a near gridline, sell and recalculate near gridlines - Trades are entered and exited based on a FIFO system. So if price falls 3 grid lines (buy-1, buy-2, buy-3), and subsequently crosses above one grid line, only the first trade will exit (sell-1). If it falls again, it will enter a new trade (buy-4), and if it crosses above again it will sell the original second trade (sell-2). The amount of trades you can be in at once are based on the amount of grid lines you have. This strategy has no built-in stop loss! This is not a 'set-it-and-forget-it" script. Make sure that price remains within the bounds of your grid. If prices exits above the grid, you're in the money, but you won't be making any more trades. If price exits below the grid, you're 100% staked in whatever you happen to be trading. This script is more complicated than my last one, but should be more user friendly. Make sure to correctly set your lower-bound and upper-bound based on strong support and resistance (the default values for these are probably going to be meaningless). If you change your "Grid Quantity" (amount of grid lines) make sure to also change your 'Order Size' property under settings for proper test results (or default_qty_value in the strategy() declaration).
Strategia Pine Script®
di tapRoot_coding
20
ChannelSlasher (1m - 3m)This is a moving average channel-based scalping strategy that is optimized for very short time-frames. In general, the optimal settings will be for the fast channel to be several periods shorter than the slow channel and the fast HMA (hull moving average) to be a few periods shorter than the fast channel. This strategy can offer wild swings in profitability with relatively small parameter changes, so I HIGHLY recommend you cross-validate any set of parameters across multiple exchanges AND across multiple tickers.
Strategia Pine Script®
di jsmith_crypto
GAURs Polynomial Regression ChannelsThanks to The Sweet Lord , here is the Gaur's Polynomial Regression Channel. Its a Polynomial Regression Channel but applied a little differently. Wont go into technical details much. Overview of options is as follows- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Channel Options - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1. Degree of Polynomial: 1/2/3 Default = 3 Defines the degree of polynomials - 1,2,3. Note here, degree 1 will not be a straight line since its applied differently. Try different degrees for different fits and market conditions. 2. Channel Length: Default 30 (candles) You can go beyond 100 or 200 candle lengths but smaller is the usual preference of Poly-Reg-channel traders. It all depends on market conditions and your style of trading. Do your research. I am usually comfortable with a range of 20-50 (in crypto markets). 3. Basis of Channel height/boundries: ATR/Manual Default: ATR ATR provides a dynamically adjusted entry/exit bounds of the channels. As ATR changes, the channel bounds also changes its height. It can also be fixed manually. Manual heights wont change automatically. 4. Basis of Y-Value: open/close/ sma / ema / wma /hilow Default: close Y- value is the y value of the (x,y) coordinates used while calculating the regression coefficients. Dont worry about it, its nothing serious. 5. Apply channel smoothning using sma?: Yes/No Default: Yes Without smoothning, the channel does not "look" good. 6. Shaded Area Height Percentage: Its the extra margin for the channel. Its in percentage of the total height (defined 3 above) of channels. The shaded area provides an extra allowance for your entries or exits beyond the ATR or manual heights. 7. Plot RSI?: Yes/No Default: Yes Plots RSI (orange line in between the channel - its different from the dotted center line) considering the downbound of channels as 0 (oversold) and upbound of channels as 100 (overbought) 8. Plot 200 sma?: Yes/No Default: Yes It plots a 200 period fast (green) and 225 period slow (red) sma . I usually use two MAs. Its visually very easy to understand. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Sample Strategy - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - You can develop your own strategy with the channels. But following is just one of the ways you can trade. Best Application: Ranging markets. But can be happily used in volatile conditions, with a little experience. 1. SMA: -- (this condition is optional really) If green (200) is above red (225) go only long. If red is above green go only short. Defines long term trend of the market. 2. Channel slope: -- (this stuff needs practice/experience) Depending on the channel slope, like if its tending to go up or down, you can choose to take only short or long trades. It defines short term momentum of the market. 3. ATR based heights: Since its ATR based, the channel height are our natural entry and exit points. Long: When price touches lower shaded area, consider possible long entry. Exit on price entering the upper shaded area. Short: Enter on upper bound shaded area, exit on lower. 4. RSI: For additional conformations. Again note, the RSI considers the lower bound of channel as 0 and upper as 100. But since, the channel moves up and down, the RSI will also move not only as RSI but also with the channel. Meaning, say if the RSI is valued at 50, then it will be near the center of the channel but since the center changes as time and price changes, the RSI valued at 50 at different times will not be at the same horizontal level respect to the graph, although it will be at the same level (center) respect to the channel. 5. PRC Channel Percentage label: This label is at the lower side a bit ahead of the current candle. Provides you info on what is the channel percentage. This is especially helpful in crypto markets to gauge your possible percentage profit where profits can be much higher than forex or other instruments. It can also helps you select a suitable market/instrument if the channels are based on ATR. 6. Extra indicators: I usually use stochastic along with this setup for extra conformations. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Donate - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Use freely and donate generously if you find value. Your help will really help. I had earlier provided BTC addresses for donations but it seems to violate TV House rules. Hope they make TV coins redeemable in future. - Pranav Joshi - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Extra Info - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - // © cpranavjoshi // special thanks to the "Trading View" people for providing this great platform for free // ------------------------ // MATH // ------------------------ // special thanks to an article on the web that provided layman friendly explanation of the maths // unfortunately i wont be able to provide the link to that article owing to TV restrictions, though i sincerely would have liked to credit the author. // Google search this phrase, and you should be able to get it in one of the first results - "polynomialregression Mathematics of Polynomial Regression" // my regression math calculation is a further resolution upon the generalized matrix formula given in the that article. // the generalized matrix looks scary but in fact its much simpler than one may assume // the summation sign things are just float numbers that can be easily found out // so we get a matrix with number of equations equal to the number of unknowns. // e.g. if its a 3rd degree poly, it has 4 unknowns (c0,c1,c2,c3) with 4 equations as in the generalized matrix // it can be resolved by simple algebra // Note: the results have been verified with excel using same input data points. // pine was difficult for me so i coded it in python first to verify // ------------------------ // WHY // ------------------------ // this script was coded because Pranav badly needed Polynomial channels (had used them in mt4 earlier) // and at the time of this coding, i could not find any readily available script in the trading view public library ( tnx public) // the complex math was probably the hurdle // i m not good in maths, but by the Will of the Lord, i could resolve the issue with simple algebra and logic // ------------------------ // PINE // ------------------------ // i am just an average (even poor probably) programmer and pine script is not my language // this is a humble attempt to write my first pine with whatever i could do quickly // experts - feel free to develop if needed. have used some workarounds in drawings/plottings. rectify them if possible // // // - Pranav Joshi
Indicatore Pine Script®
di cpranavjoshi
2
Price Action ChannelsHere are the brand new Price Action Channels. As time passes and the portfolio grows not only in volume but in assets managed, I have found out that what's needed from technical analysis can't occupy so much time in decision making. Why? I hope you take into consideration other critical variables that affect the market, such as fundamentals, market sentiment, news, the world economy, and so on. Thus, I want to make obvious TA is not supposed to give you miracle formulas. In my investments, technicals count for about 33% of my decision formula. Now about the indicator. I'm a big fan of simplicity, and the fact is, everything is numbers and their universal rules. So the approach we take is entirely following rules of statistics, taking into consideration the maximum amount of data to quantify and qualify moves(changes in price towards a single direction). Once those moves are defined, we measure their average size, which is the average price range in one direction. After that, we qualify them by using frequencies and figuring out how often each move happens, let's say: Asset X, 10% of the times when it moves upwards it's +1% Asset X, 14% of the times when it moves upwards it's +1,1% Asset X, 21% of the times when it moves upwards it's +1.3% Asset X, 25% of the times when it moves upwards it's +1.5% Asset X, 15% of the times when it moves upwards it's +1.6% Asset X, 10% of the times when it moves upwards it's +1,7% Asset X, 5% of the times when it moves upwards it's +2% With that data, we establish the size of the range and the most reasonable boundaries and thresholds. This is meant for channels. We consider there are 3 market conditions: Channels(Trending), Sideways, Spikes(abnormal price changes). So if you try to apply this indicator for huge movements, like news related pumps and such it won't work as it's supposed, since our approach here is to define what's "normal", and such spikes are anomalies. Sideway assets are doable but not advisable. We plot all the numbers in a panel, so it's easily readable while trading, and you can fully control where it appears on your screen. The indicator counts with following features in the Panel: Channel Sampling Size: Short-term, Mid-term, Long-term Risk Exposure: Minimum, Low, Modest, Medium, Moderate, High, Maximum Filtered Price Action Trading Assist X & Y Panel Position Study Strong.
Indicatore Pine Script®
di spectertrading
6
Enhanced Linear Regression Trend ChannelThis is my PSv4.0 enhanced version of "Linear Regression Channel", as it is more commonly known. I entitled it Enhanced Linear Regression Trend Channel, simply because it seems more accurate as a proper description. However, this is actually a dual linear regression channel all-in-one Swiss army knife, nicely packaged within 104 lines of code. The primary one tracks in real-time, while the secondary, with an enabled "time warp" setting, is displayed monitoring the linear regression channel in the past for comparison, providing fully adjustable tandem tracking capabilities. It seemed like a superb novel idea to me to add this capability for super analytical approaches. The Pearson correlation displays in the rear middle of the primary linear regression trend channel. I did this because during a steep uptrend zoomed in, it often moves off the chart being placed on the bottom and is no longer visible for a while. Additionally, for the second time, I am releasing my "Neon Source" plot feature in a bright stunning yellow corona. Charts these days have so many plots on them, so I devised a unique way to resolve any confusion by emulating neon light. You may still easily use candles with this neon line too, or just simply disable it if you wish. Features List Includes: Enable/disable dark background for enhanced visibility Dual "Source" selections Dual "Period" adjustments Dual "Deviation(s)" adjustments Dual "Time Warp" adjustments Dual selectable line extension method "Pearson Correlation" color change selection for enhancing visual acuity amongst other indicators Secondary "Linear Regression Trend Channel" time warped with enable/disable capability "Neon Source" has a brightness control with an enable/disable capability This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" hidden in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and ideas presented below in the comments section, when time provides it. When my indicators achieve more prevalent use by TV members, I will implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Indicatore Pine Script®
di ImmortalFreedom
10
Motion To Attraction ChannelsIntroduction Channels are used a lot on technical-analysis, however most of the them rely on adding/subtracting a volatility indicator to a central tendency indicator, sometimes the central tendency indicator can even be replaced by pure price. A great channel who does not rely on this kind of architecture is the Donchian channels or the quartiles bands. Here i propose a channel similar to the one made by Richard Donchian with some additional abilities. The Channels In my indicator, Motion To Attraction mean that the movement of an object a attract an object b , but we can resume this approach by saying that the longer a trend period is, the smaller the distance between each channels, for example if the price create a new highest then the lowest will move toward this new highest, each time coming closer. The philosophy behind this is that the longer a trend is the more probable it is that she will end. The code reflect it this way : here the parameter controlling the channel A (upper) c = change(b) ? nz(c ) + alpha : change(a) ? 0 : nz(c ) this is traduced by : if channel b move then the parameter c become greater, if channel a move then reset the parameter , the parameter d do the same. c is used to move the channel A, when c < 1 A is closer to the highest, when c = 1 A is in a central tendency point, when c > 1 A is closer to the lowest. Slaving the Movement It is possible to have a better control over the channels, this is done by making c and d always equal or lower than 1. Of course it could be another max value selected by the user. In order to do that add c1 and d1 as parameter with c1 = c > 1 ? 1 : c , same with d1 but replace c by d. Its safer to do this but i prefer how the channels act the other way, i will consider implementing this option in the future. Conclusion This channel indicator does not rely on past data thanks to recursion. The alpha variable at the start can also be adaptive, this let you make the channels adaptive even if such idea can add non desired results. Low length values can create effects where the lower channel can be greater than the higher one, this can be fixed directly in the code or using the method highlighted in the Slaving the Movement part.
Indicatore Pine Script®
di alexgrover
5