ARKADIY V1.0This strategy is made for trading Bitcoin (BTC) using data from BITMEX exchange on 4 hour timeframe.
There is also a special indicator for the strategy to receive alerts on your tradingview platform which is very handful to enter the market as soon as there is a buy/sell signal.
Strategy is based on Pine script v.4 and it uses several indicators and oscillators (modified RSI, CCI, ADX, TRIX and EMA) to generate a buy/sell signal for BTC.
There is no repaint, which means that a signal will not disappear when price goes in wrong direction.
And this is one of the advantages of the strategy over other 90% strategies.
The strategy is a SWING strategy, which means that a signal for opening a position (buy or sell) at the same time closes previous position.
Because of its specificity the strategy doesn’t have take profit/stop loss options and doesn’t use leverage.
The strategy has a backtest statistics on TradingView. 2018 – 1197%, 2019 – 79%, until March 13, 2020 – 88% of net profit.
Max drawdown (the sum of non-profitable trades until receiving a profitable trade) during a year not more than 14%.
To get access to the strategy write in comments and in private messages.
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Данная стратегия работает на инструменте биткоин ( BTC ) по котировкам биржи BITMEX на 4 часовом таймфрейме, а также имеет удобные алерты для сигналов на сделку (будильник).
Это позволит Вам заниматься своими делами, не следя за тем, что происходит на рынке, но в нужное время совершить сделку, получив предупреждение на телефон / компьютер.
Стратегия построена на последней версии Pine Script, в ее основе лежит совокупность множества индикаторов и правил (модифицированные RSI, CCI, ADX, TRIX and EMA), которые в определенный момент дают сигнал на покупку или продажу BTC . Стратегия протестирована с использованием аргумента "Recalculate After Order is Filled" и подразумевает "non-repaint" базис. Другими словами, если стратегия показала вход в сделку (по итогу закрытия свечи) - то сигнал так и остается без изменений. Это выгодно отличает данную стратегию от 90% таковых в Trading View и дает уверенность, что появившийся сигнал не исчезнет в случае, если рынок пойдет в противоположную сторону.
Данная стратегия относится к сегменту SWING стратегий, когда один сигнал является одновременно закрытием одной сделки и открытием противоположной.
В связи со спецификой стратегии она не использует стоп-ордера, поэтому предполагает торговлю без плечей.
Ваш риск ограничен временным интервалом от момента, как цена пошла в противоположную сторону, до момента пока стратегия не дала сигнал на перекладку в новую сделку.
Статистика, подтвержденная бэктестом в Trading View, за последние пару лет: 2018 - 197%, 2019 - 79%, на 13.03.20 - 88%. Это данные по Чистой прибыли на вложенный капитал.
Максимальная длящаяся просадка (совокупность минусовых сделок до момента возникновения плюсовой сделки) в течение года составляет не более 18%
Основные отличия от индикаторов наших коллег:
+ Результаты бэктеста не в excell, а в платформе Trading View – прозрачная статистика по сделкам
+ Построен на принципах non-repaint basis – сигналы не исчезают и не появляются из неоткуда
+ Работает на 4Н таймфрейме. Это значит сделки не могут быть чаще, чем в раз в 4 часа. Занимайтесь своими делами, пока стратегия стоит на страже рыночного анализа. Она сама Вам сообщит, когда нужно открыть / закрыть сделку.
+ Разберется любой! Стратегия построена по принципу one-click setup
+ Поддержка с возможностью организации телефонного звонка.
Для предоставления доступа к данной стратегии - пожалуйста пишите в комментариях запрос с копией в личные сообщения. Мы быстро с Вами свяжемся.
Indice Commodity Channel (CCI)
Point and Figure (PnF) CCIThis is live and non-repainting Point and Figure Chart Commodity Channel Index - CCI tool. The script has it’s own P&F engine and not using integrated function of Trading View.
Point and Figure method is over 150 years old. It consist of columns that represent filtered price movements. Time is not a factor on P&F chart but as you can see with this script P&F chart created on time chart.
P&F chart provide several advantages, some of them are filtering insignificant price movements and noise, focusing on important price movements and making support/resistance levels much easier to identify.
Commodity Channel Index – CCI was developed by Donalt Lambert. CCI can be used to identify overbought or oversold, a new trend or warn of extreme conditions. CCI measures the difference between a security's price change and its average price change. High positive readings indicate that prices are well above their average, which is a show of strength. Low negative readings indicate that prices are well below their average, which is a show of weakness.
The Formula for the Commodity Channel Index ( CCI ) Is:
CCI = (Typical Price – L-period SMA of TP) / (0.015 * Mean Deviation)
Mean Deviation = (SumOf 1->L ( |TP – MA| )) / L
L = Length
TP = Typical Price
If you are new to Point & Figure Chart then you better get some information about it before using this tool. There are very good web sites and books. Please PM me if you need help about resources.
Options in the Script
Box size is one of the most important part of Point and Figure Charting. Chart price movement sensitivity is determined by the Point and Figure scale. Large box sizes see little movement across a specific price region, small box sizes see greater price movement on P&F chart. There are four different box scaling with this tool: Traditional, Percentage, Dynamic (ATR), or User-Defined
4 different methods for Box size can be used in this tool.
User Defined: The box size is set by user. A larger box size will result in more filtered price movements and fewer reversals. A smaller box size will result in less filtered price movements and more reversals.
ATR: Box size is dynamically calculated by using ATR, default period is 20.
Percentage: uses box sizes that are a fixed percentage of the stock's price. If percentage is 1 and stock’s price is $100 then box size will be $1
Traditional: uses a predefined table of price ranges to determine what the box size should be.
Price Range Box Size
Under 0.25 0.0625
0.25 to 1.00 0.125
1.00 to 5.00 0.25
5.00 to 20.00 0.50
20.00 to 100 1.0
100 to 200 2.0
200 to 500 4.0
500 to 1000 5.0
1000 to 25000 50.0
25000 and up 500.0
Default value is “ATR”, you may use one of these scaling method that suits your trading strategy.
If ATR or Percentage is chosen then there is rounding algorithm according to mintick value of the security. For example if mintick value is 0.001 and box size (ATR/Percentage) is 0.00124 then box size becomes 0.001.
And also while using dynamic box size (ATR or Percentage), box size changes only when closing price changed.
Reversal : It is the number of boxes required to change from a column of Xs to a column of Os or from a column of Os to a column of Xs. Default value is 3 (most used). For example if you choose reversal = 2 then you get the chart similar to Renko chart.
Source: Closing price or High-Low prices can be chosen as data source for P&F charting.
Upper Band : as default, Upper band is 100
Lower Band : as default, Lower band is -100
There are alerts when P&F CCI moves above Upper Band or moves below Lower Band.
AllinStrategy v5.0 ::: Allin® MarketEnergy™You need two indicators for it to work: AllinTension 5.0 and AllinStrategy 5.0 and use them in synergy.
They measure and gather information and then present them in an intuitive way for better opportunity spotting and a better and quicker decision making about buy or sell entries in certain markets.
In works with crypto, stock, fiat and futures market.
I will explain how it works o a page but as a thumb rule: the more GREEN you see turning up like an energy the more LONG situation is and the more RED you see turning up like en energy the more SHORT the situation is.
The best thing about a product of mine is that it can be backtested. Results of backtesting yields up to 85% of accuracy and risk-reward ratio up to 5X or more.
Indicator - AllinTension 5.0
This indicator will enable you to actually feel the market on several levels. Exploiting informations from different timeframes and different oscillators with different setting and average them out.
With this indicator you will either confirm the sensed direction or you will skip the opportunity because signals are not properly aligned. To be able to resist FOMO is really crucial here. Opportunities are in abundance. There will be more. A lot more. Really.
How to read it and properly use it?
For more in depth understanding on how it works and proper usage of it. There is lot of information on the page.
Strategy: AllinStrategy 5.0
This strategy indicator is used as a backtesting platform for different types of various settings for a selected pair.
Backtesting means you can test each TimeFrame (best 1-9min) with various AllinTension indicator settings. You will get a result for profitability in the last period (but it is not that important anything but for maybe feeling bad you missed it), success rate in percent (anything above 70% is good enough) and you have to watch the ratio of the max dropdown and average trade size (least acceptable is -5x, better is 2x or less).
So you will learn which strategy (TF and indicator setting) has steadily preformed best while being profitable in the past and assume it will do that in the same manner with same accuracy in the future. It sometimes changes so you need to preform rutine testing after some bigger market movements.
With this you will find the best preforming TImeFrame for each window. You will adjust settings for each window differently to diversify view on the market. My personal best setting are for the first window 4-16-64, second window 3-9-27, third window 2-8-32 and forth last window 5-20-80.
So ALLinStrategy is a visual representation of the market and the most important thing, it includes a feature "Strategy Tester" to backtest chosen strategy. The results may surprise you and they can all be proven!:) So what do you do in this case? :):)
But to really understand the market and given signals from this Strategy, you will need indicator ALLinTension or you are going blindfolded guess trading.
How to read it and properly use it?
For more in depth understanding on how it works and proper usage of it There is lot of information on the page.
For strategy to work you first have to find profitable and accurate enough TF (more than 70% should do the trick)and indicator settings (there are some favourites) and apply it to your executing strategy.
ALLinTension v5.0 ::: Allin® MarketEnergy™You need two indicators for it to work: AllinTension 5.0 and AllinStrategy 5.0 and use them in sinergy.
They measure and gather information and then present them in an intuitive way for better opportunity spotting and a better and quicker decision making about buy or sell entries in certain markets.
In works with crypto, stock, fiat and futures market.
I will explain how it works o a page but as a thumb rule: the more GREEN you see turning up like an energy the more LONG situation is and the more RED you see turning up like en energy the more SHORT the situation is.
The best thing about a product of mine is that it can be backtested. Results of backtesting yields up to 85% of accuracy and risk-reward ratio up to 5X or more.
Indicator - AllinTension 5.0
This indicator will enable you to actually feel the market on several levels. Exploiting informations from different timeframes and different oscillators with different setting and average them out.
With this indicator you will either confirm the sensed direction or you will skip the opportunity because signals are not properly aligned. To be able to resist FOMO is really crucial here. Opportunities are in abundance. There will be more. A lot more. Really.
How to read it and properly use it?
For more in depth understanding on how it works and proper usage of it There is lot of information on the page.
Strategy: AllinStrategy 5.0
This strategy indicator is used as a backtesting platform for different types of various settings for a selected pair.
Backtesting means you can test each TimeFrame (best 1-9min) with various AllinTension indicator settings. You will get a result for profitability in the last period (but it is not that important anything but for maybe feeling bad you missed it), success rate in percent (anything above 70% is good enough) and you have to watch the ratio of the max dropdown and average trade size (least acceptable is -5x, better is 2x or less).
So you will learn which strategy (TF and indicator setting) has steadily preformed best while being profitable in the past and assume it will do that in the same manner with same accuracy in the future. It sometimes changes so you need to preform rutine testing after some bigger market movements.
With this you will find the best preforming TImeFrame for each window. You will adjust settings for each window differently to diversify view on the market. My personal best setting are for the first window 4-16-64, second window 3-9-27, third window 2-8-32 and forth last window 5-20-80.
So ALLinStrategy is a visual representation of the market and the most important thing, it includes a feature "Strategy Tester" to backtest chosen strategy. The results may surprise you and they can all be proven!:) So what do you do in this case? :):)
But to really understand the market and given signals from this Strategy, you will need indicator ALLinTension or you are going blindfolded guess trading.
How to read it and properly use it?
For more in depth understanding on how it works and proper usage of it There is lot of information on the page.
For strategy to work you first have to find profitable and accurate enaugh TF (more than 70% should do the trick)and indicator settings (there are some favorites) and apply it to your executing strategy.
Commodity Channel Index MACD I've not seen any reprensentation of this type based on CCI chanel....
This indicator is an hybrid between CCI and MACD.
The CCI MACD line is calculated using a moving average between 2 CCI period a (FastCCI - SlowCCI) aplied on the (Fast + Slow) periods
The CCI signal line is a moving average of (CCI MACD line, on the signal line smoothing length.
The histogram is only the difference between the CCI MACD and CCI Signal line
//--------CODER--------//
R.V
Double MA CCI"What is the Commodity Channel Index (CCI)?
Developed by Donald Lambert, the Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine when an investment vehicle is reaching a condition of being overbought or oversold. It is also used to assess price trend direction and strength. This information allows traders to determine if they want to enter or exit a trade, refrain from taking a trade, or add to an existing position. In this way, the indicator can be used to provide trade signals when it acts in a certain way.
KEY TAKEAWAYS
• The CCI measures the difference between the current price and the historical average price.
• When the CCI is above zero it indicates the price is above the historic average. When CCI is below zero, the price is below the hsitoric average.
• High readings of 100 or above, for example, indicate the price is well above the historic average and the trend has been strong to the upside.
• Low readings below -100, for example, indicate the price is well below the historic average and the trend has been strong to the downside.
• Going from negative or near-zero readings to +100 can be used as a signal to watch for an emerging uptrend.
• Going from positive or near-zero readings to -100 may indicate an emerging downtrend.
• CCI is an unbounded indicator meaning it can go higher or lower indefinitely. For this reason, overbought and oversold levels are typically determined for each individual asset by looking at historical extreme CCI levels where the price reversed from." ----> 1
SOURCE
1: (SINCE IM NOT A "PRO" MEMBER I C'ANT POST THE SOUCRE URL..., webpage consulted at : 8:50 GMT -5 ; the 2020-01-18)
I- Added a 2nd MA length and changed the default values of the source type and switched the SMA to a MA.
II- In process to add analytic MACD histogram correlation and if possible, ploting a relative histogram between the CCI upper and lower band.
P.S.:
Don't set your moving averages lengths to far from each other... This could result in fewer convergence and divergence, also in fewer crossing MA's.
Have a good year 2020 !!
//----CODER----//
R.V.
Woodies CCI Trading System - Patterns - Strategy TesterWoodies CCI Trading System - Patterns (Strategy Tester Mode) .
The Woodies CCI was initially designed for trading Stocks, Options and the Future Market.
However, different styles of traders can make use of it in various markets and any chart timeframes.
The Woodies CCI Trading System - Patterns takes a Strategy Builder like approach and can be easily configured to scan simultaneously for any available pattern.
The purpose of this tool is to compress everything down to 1 alert to warn of any opportunities, and it can also be automated .
To further improve the success rate , the patterns' performance can be studied with the help of the Strategy Tester .
The Strategy Tester Mode allows for instant backtesting on historical data.
It can assist in determining the right combination of patterns and exit rules , and it can help decide which patterns are better for which market.
The Alert Mode can be found on this page Woodies-CCI Trading System - Patterns (Alert Mode) .
This trading system contains all the particular features as described by Woodie, and more.
▪ Pattern Recognition (entry signals based on well-defined patterns)
- Trade patterns that are in agreement with the established trend
1. Zero-Line Reject (ZLR)
2. Trend Line Break (TLB) - with the trend
3. Horizontal Trend Line Break (HTLB) - with the trend
4. Tony Trade (TT)
5. GB100 (GB)
6. Reverse Divergence (RD)
- Trade patterns that are against the trend (these patterns indicate the possibility of a change in trend direction and are recommended for experienced traders)
1. Shamu Trade (ST)
2. The Famir Trade (FT)
3. Vegas Trade (VT)
4. Ghost Trade (GT)
5. Hook From Extreme (HFE)
6. Trend Line Break (TLB) - counter-trend
7. Horizontal Trend Line Break (HTLB) - counter-trend
▪ Exit rules
1. CCI Trend Line Breaks
2. CCI crossing back through the 100 lines
3. TCCI hooking or going flat, not moving, or no progress
4. CCI hook from extremes
5. Profit target hit
6. CCI forming a flat top formation
7. CCI crossing a Horizontal Trend Line
8. When the LSMA disagrees with the trade
9. CCI crossing the Zero-Line (ZL)
▪ WCCI Histogram coloring based on Woodie's trend definition
- Blue for Uptrend
- Red for Downtrend
- Gray for No Trend
- Yellow for trend establishment
▪ The LSMA is on the Zero-Line - it is the 25 period Least Squares Moving Average (it shows the ZL as a series of red and green segments)
- Red segments - the market price is below LSMA
- Green segments - the market price is above LSMA
▪ Chop Zone Indicator (CZI) - Positioned on the levels +100 and -100 (it shows market direction)
- Cyan shows up market
- Brown shows down market
- Multiple colors show market in a sideways mode
▪ Sidewinder Indicator (SI) - Positioned on the levels +200 and -200
- Red shows a flat or non-trending market
- Yellow shows a trending market
- Green shows a strong trending market
▪ The Woodies CCI (14) is indicated with the fuchsia color
▪ WCCI length auto-change to 20 on 1-hour chart intervals and higher
▪ The Turbo CCI (6) has a dark red color
▪ TWCCI auto-hide on 1-hour chart intervals and higher
▪ Early Alert Functionality available (eg 20 seconds before the signal is considered valid)
▪ Simplified Alerts
- An all in one alert
- Alerts for entry triggers
- Alerts for exit conditions
▪ Some Pattern Statistics are available on the chart in a panel
Simple Steps to set it up:
1 - Choose at least 1 pattern ( with-the-trend patterns are friendlier than the counter-trend ones)
2 - Choose at least 1 exit condition
3 - Set the alerts (1 for Entry and 1 for Exit, or 1 alert running for both Entry and Exit)
For Beginners:
For the new trader, the trend continuation patterns are easier to manage.
Newcomers should stick to trend-following patterns until they feel very confident!
Here are Three Entry Choices:
1 - Conservative -
Wait until the bar closes to enter - This is the easiest to execute.
2 - Conservative to Aggressive -
Woodie would like the beginner to enter the market if, with 20 seconds left in the bar, a valid CCI pattern presents itself.
3 - Very Aggressive -
Enter trade as soon as the bar indicates a signal during price bar formation. This is for experienced traders, as the signal conditions are final at the close of the bar and the intra-bar changes are not recorded.
Your implicit learned skills are put to the test here. Be fair to yourself and allow yourself time to grow and improve your skills.
You are strongly urged to follow the Option 2.
Money Management: Apply an Initial Protective Stop; Use Trade Exits; Study the past performance - Statistics (Strategy Tester Mode).
Related Tools:
Woodies-CCI Trading System - Patterns - Alerts
Risk Management System (Stop Loss, Take Profit, Trailing Stop Loss, Trailing Take Profit) - it can be connected to the Woodies-CCI Trading System - Patterns - Alerts
Early/Delayed Signal Explained
Woodies CCI Trading System - Patterns - AlertsWoodies CCI Trading System - Patterns (Alert Mode) .
The Woodies CCI was initially designed for trading Stocks, Options and the Future Market.
However, different styles of traders can make use of it in various markets and any chart timeframes.
The Woodies CCI Trading System - Patterns takes a Strategy Builder like approach and can be easily configured to scan simultaneously for any available pattern.
The purpose of this tool is to compress everything down to 1 alert to warn of any opportunities, and it can also be automated .
To further improve the success rate , the patterns' performance can be studied with the help of the Strategy Tester .
The Strategy Tester Mode allows for instant backtesting on historical data.
It can assist in determining the right combination of patterns and exit rules , and it can help decide which patterns are better for which market.
This trading system contains all the particular features as described by Woodie, and more.
▪ Pattern Recognition (entry signals based on well-defined patterns)
- Trade patterns that are in agreement with the established trend
1. Zero-Line Reject (ZLR)
2. Trend Line Break (TLB) - with the trend
3. Horizontal Trend Line Break (HTLB) - with the trend
4. Tony Trade (TT)
5. GB100 (GB)
6. Reverse Divergence (RD)
- Trade patterns that are against the trend (these patterns indicate the possibility of a change in trend direction and are recommended for experienced traders)
1. Shamu Trade (ST)
2. The Famir Trade (FT)
3. Vegas Trade (VT)
4. Ghost Trade (GT)
5. Hook From Extreme (HFE)
6. Trend Line Break (TLB) - counter-trend
7. Horizontal Trend Line Break (HTLB) - counter-trend
▪ Exit rules
1. CCI Trend Line Breaks
2. CCI crossing back through the 100 lines
3. TCCI hooking or going flat, not moving, or no progress
4. CCI hook from extremes
5. Profit target hit
6. CCI forming a flat top formation
7. CCI crossing a Horizontal Trend Line
8. When the LSMA disagrees with the trade
9. CCI crossing the Zero-Line (ZL)
▪ WCCI Histogram coloring based on Woodie's trend definition
- Blue for Uptrend
- Red for Downtrend
- Gray for No Trend
- Yellow for trend establishment
▪ The LSMA is on the Zero-Line - it is the 25 period Least Squares Moving Average (it shows the ZL as a series of red and green segments)
- Red segments - the market price is below LSMA
- Green segments - the market price is above LSMA
▪ Chop Zone Indicator (CZI) - Positioned on the levels +100 and -100 (it shows market direction)
- Cyan shows up market
- Brown shows down market
- Multiple colors show market in a sideways mode
▪ Sidewinder Indicator (SI) - Positioned on the levels +200 and -200
- Red shows a flat or non-trending market
- Yellow shows a trending market
- Green shows a strong trending market
▪ The Woodies CCI (14) is indicated with the fuchsia color
▪ WCCI length auto-change to 20 on 1-hour chart intervals and higher
▪ The Turbo CCI (6) has a dark red color
▪ TWCCI auto-hide on 1-hour chart intervals and higher
▪ Early Alert Functionality available (eg 20 seconds before the signal is considered valid)
▪ Simplified Alerts
- An all in one alert
- Alerts for entry triggers
- Alerts for exit conditions
▪ Some Pattern Statistics are available on the chart in a panel
Simple Steps to set it up:
1 - Choose at least 1 pattern ( with-the-trend patterns are friendlier than the counter-trend ones)
2 - Choose at least 1 exit condition
3 - Set the alerts (1 for Entry and 1 for Exit, or 1 alert running for both Entry and Exit)
For Beginners:
For the new trader, the trend continuation patterns are easier to manage.
Newcomers should stick to trend-following patterns until they feel very confident!
Here are Three Entry Choices:
1 - Conservative -
Wait until the bar closes to enter - This is the easiest to execute.
2 - Conservative to Aggressive -
Woodie would like the beginner to enter the market if, with 20 seconds left in the bar, a valid CCI pattern presents itself.
3 - Very Aggressive -
Enter trade as soon as the bar indicates a signal during price bar formation. This is for experienced traders, as the signal conditions are final at the close of the bar and the intra-bar changes are not recorded.
Your implicit learned skills are put to the test here. Be fair to yourself and allow yourself time to grow and improve your skills.
You are strongly urged to follow the Option 2.
Money Management: Apply an Initial Protective Stop; Use Trade Exits; Study the past performance - Statistics (Strategy Tester Mode).
Related Tools:
Woodies-CCI Trading System - Patterns - Strategy Tester
Risk Management System (Stop Loss, Take Profit, Trailing Stop Loss, Trailing Take Profit) - it can be connected to the Woodies-CCI Trading System - Patterns - Alerts
Early/Delayed Signal Explained
9KSCALPBOT 5x 15-min StrategyThis scalp bot uses low leverage to scalp small but high certainty movements on the 15-minute timeframe. Its amazing proprietary feature addresses the common problem of accumulated losses due to excessive stop-lossing -- this is done by assessing macro trends on higher timeframes when underwater, and then riding the position out until profitable again. You will get an average of about 1 entry and 1 exit per day.
The core logic uses a modified combination of CCI and Schaff Trend oscillators and a proprietary pattern recognition mechanic. Leverage should be kept low (5X or less) as the algorithm could temporarily go significantly underwater as well as pyramid (stack) same direction entries up to five times before closing. Any leverage higher than 5X significantly increases risk of liquidation. This bot has been consistently backtested for 10 months with about 75-85% win rate, 100%+ 3-month profitability, very low ~5% drawdown, all after factoring typical BitMex fees (0.06% after counting affiliate self-referral).
As with any automated strategy, it does not account for black swan events or disruptions in server connectivity (e.g., BitMex overload errors).
BEST Supertrend CCIHello traders
Today I present you a Supertrend not based on candle close but based on a CCI (Commodity Channel Index)
How does it work?
Bull event: CCI crossing over the 0 line
Bear event: CCI crossing below the 0 line
When the event is triggered, the script will plot the Supertrend as follow
UP Trend = High + ATR * Factor
DOWN Trend = Low - ATR * Factor
This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level.
Hope you'll enjoy it and it will improve your trading making you a better trader
Dave
Divergence Detector v1This indicator looks for divergences between price (close) and the indicator of your choice. You can see which indicators are supported further down. I discovered that there are 2 slight variations on how to calculate divergences in Pinescript, so I used both in this script.
Benefit : The accuracy of divergence detection becomes much higher.
Tradeoff : Some of the labels will overlap each other, not looking too pretty. I know how to fix this, but I didn't prioritize it with this version.
Supported indicators:
RSI (Relative Strength Index) - www.investopedia.com
ROC (Rate of Change) - www.investopedia.com
CCI (Commodity Channel Index) - www.investopedia.com
OBV (On Balance Volume) - www.investopedia.com
You can switch between them in the settings display of the indicator. Default is set to RSI.
CCI strategy on OIL1HThis indicator is based on Commodity Channel Index.
It buys when CCI on period 200 is under -130 and it´s rising last 12 bars. It closes the position by hitting Take Profit, Stop Loss or opening short position.
It sells when CCI on period 200 is over 130 and it´s falling last 12 bars. It closes the position by hitting Take Profit, Stop Loss or opening short position.
This strategy seems to working just on USOIL on 1 hour chart. This can predict that it´s just luck and not proper strategy or indicator I would use for trading.
This script is just for educational purposes and that´s why the script is open. I will be happy if you will leave comment and try to come up with some ideas how to improve this strategy, so it can be used also on other commodities/forex pairs.
Cracking Cryptocurrency - ParalloxParallox
Many traders are familiar with or utilize the Relative Strength Index ( RSI ) and/or the Commodity Channel Index ( CCI ). For good reason, these classic and simple to understand indicators have made their way into many traders indicator bays with mixed results. As we often do with our trading style and indicators here at Cracking Cryptocurrency is take things that traders have used one way and attempt to view it in a different light to improve our trading efficiency and performance. That is what we have done with Parallox.
Parallox harnesses the calculations of both the Relative Strength Index and Commodity Channel Index , but through a calculation for a new breed of trader and a new market. RSI and CCI were designed to work in the stock markets of old, and their effectiveness nowadays is more-so due to the "self fulfilling prophecy" concept of so many traders using them rather then their technical applicability to any particular market or market circumstance. Moreover, because so many retail traders now utilize the RSI and CCI , trading it the traditional way, for reversals, has created a golden zone of opportunity for larger traders, institutions, and whales to come in and grab the liquidity of counter-trend retail traders basing their signals off of overbought and oversold conditions in the market utilizing RSI and CCI .
What Parallox does is quite different. Instead of relying on the readings of RSI and CCI , it looks at the value of RSI relative to the value of CCI . By looking at the convergence or divergence of these two indicators, a much more accurate reading of the directional trend can be established. No more using these oscillators to pick false tops and bottoms, instead we can utilize their relative conditions to determine market trend. Not only that, but we can identify objective signals when we cross the barrier between convergence and divergence, therefore giving us clear buy and sell signals for any trading asset.
However, we haven't left reversal traders completely by the way side. What is often an "entry" point for reversal traders, when one has determined that the particular direction of the market is at it's extreme, is where Parallox crosses back the other way, identifying an "overbought" and "oversold" region of sorts, from which we can utilize as an exit indicator when in deeply profitable trending trades.
How to Use
Using Parallox is quite simple. It can be utilized as an Initiator or Confirmer, or also as a longer-term directional marker on any time frame. In it's most simple form, the Parallox Line will cross zero from below and the line will turn green. This is an indication that the market has moved from a bearish zone of control to a bullish zone of control, and can be viewed as a potential buy signal. Conversely, when the line crosses zero from above, the line will turn red, indicating the opposite and can be viewed as a potential short sell signal.
For exit indications in strongly trending markets, when the line goes below the lower dashed line when bearish , and above the upper dashed line when bullish , and comes either back below or back above, those can be seen as trend exhaustion signals and often represent great moments to take profit or to go flat in the market until another trend establishes itself.
Settings
Let's take a look at the settings of Parallox.
First, we can input the look back length we want for our RSI and CCI indicators. You will notice that the defaults are unnatural, that is because they are tuned specifically for the BTC USD market. When trading a different asset, you will want to experiment with the optimum look back length for the best signals.
We then take a moving average of our indicators to have plotted values to work with. As above, the look back lengths for the two moving averages are optimized for BTC USD. The same caveats for optimization apply.
Then we can select the smoothing, or type of moving average we wish to utilize. Parallox performs well with different types of moving average smoothing, and I recommend that you experiment with your style of trade to find the signals that best suit your trading system.
We can also select the source of our indicator values. By default, this is hl2 , which I find to be the best for most indicators, in a close tie with hlc3.
Strategy
Please let me know of your success stories, as well as any features you think would be helpful to add. If you notice any errors within it, please notify me so I can fix them. Trade Safely.
CCI CANDLE ICHIMOKU v1.0This indicator plots CCI candles with Ichimoku cloud and lines.
So you can get buy or sell signals like Ichimoku strategy system.
Your comments and suggestions will be greatly appreciated.
Good Luck,
Commodity Channel Indexcci in trading view is based on close price but the real formula Developed by Donald Lambert is based on typical price so I modified a formula little bit , and the result now are little smoothed
CCI RiderThis is my thank you to the TradingView community, for the people who are sharing their scripts, which allowed me to learn Pine Script.
So here is my first creation, feel free to experiment, modify and use it as you wish.
It is a CCI(default value is 100, can be changed), combined with an EMA of that CCI(default 21,changeable) that then colors the background according to the strength of the signal(if selected to do so).
To generate strong signals, it also uses Bollinger Bands to prevent whipsaws in high volatility situations.
The best signals are generated when the CCI crosses the limits set by the user (default is 100/-100), and is above/belov its EMA.
Exit signals are indicated, when the CCI crosses its EMA.
Unfortunately in strong trends, this exit signal is sometimes premature, using a 3x resolution of the indicator will improve this, maybe I will implement this in a later version.
I use it mostly in 15min charts and higher, I found in shorter timeframes still a lot of whipsaws, maybe experimenting with different lengths and levels will improve this.
As the Indicator allows the user to experiment with different lenghts and levels, and the colors will change according the setting, I find it a nice tool to search for the best mixture for different securities and timeframes.
See below an example of a nice signal.
I do suggest to use it in combination with other indicators.
True Trend (Conquer Trading & Investing)Simple yet powerful indicator that is the best way to define the trend that I've ever seen.
True Trend BTC (Conquer Trading & Investing)Bitcoin tends to really trend for long period of times, whether it’s up or down. It’s a trending asset because it’s a new asset, full of price discovery.
I really hope this indicator is instrumental in your Bitcoin trading, it really does an outstanding job in defining the trend and helping you stay with it.
TSI CCI HullThis is TSI and CCI combined. The CCI is customized and is using HullMA, but the TSI is default TSI
For use with the HMAv420 indicator, to form trading strategy based on the 3 indicators.
Best as all 3 indicators used on 3 timeframes at once, ie 1m 5m 1H
CCI Divergence PointerThis script points regular and optionally hidden types of bullish and bearish CCI divergences on the chart by drawing the divergence lines and optionally labels.
Hidden divergence is disabled by default, it can be enabled over settings window.
Regular divergence is enabled by default, it can be disabled over settings window.
There is an option to display the price channel additionally.
Added alerts for all types of divergences.
Multi momentum indicatorScript contains couple momentum oscillators all in one pane
List of indicators:
RSI
Stochastic RSI
MACD
CCI
WaveTrend by LazyBear
MFI
Default active indicators are RSI and Stochastic RSI
Other indicators are disabled by default
RSI, StochRSI and MFI are modified to be bounded to range from 100 to -100. That's why overbought is 40 and 60 instead 70 and 80 while oversold -40 and -60 instead 30 and 20.
MACD and CCI as they are not bounded to 100 or 200 range, they are limited to 100 - -100 by default when activated (extras are simply hidden) but there is an option to show full indicator.
In settings there are couple more options like show crosses or show only histogram.
Default source for all indicators is close (except WaveTrend and MFI which use hlc3) and it could be changed but for all indicators.
There is an option for 2nd RSI which can be set for any timeframe and background calculated by Fibonacci levels.
EMA20 MA50 MA200 + T3-CCIEMA20 MA50 MA200 + T3-CCI
This combination of triple Moving Average and CCI is a strategy to be used in conjunction with Harmonical Patterns and Fibonacci Rations .
Heikin Ashi price can be used as the price source for the Moving Averages and the T3-CCI, instead of the real price.
Two instances of the indicator can be spawned to have both the triple MAs and the T3-CCI on the chart (L-Click on the Indicator > Move To > New Pane Below).
Alerts are available to warn of possible opportunities in the markets .
A single alert that can fire on both conditions can be set. It can also be used by other indicators, such as the Risk Management Wrapper .
Additional Technical Analysis is required to confirm the signals before opening a position.
This indicator is an update to MA50 EMA20 MA200 .
inwCoin CCI Risk% Strategy=========================
English
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inwCoin CCI Risk% Strategy using CCI ( Commodity channel index ) and EMA of CCI to determine entry/ exit.
It's very good trend following strategy that it will not exit until the trend completely change.
Buy = EMA of CCI cross above 0
Sell = EMA of CCI cross under 0
You can adjust each parameters to see how's working for your setup.
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Thai
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inwCoin CCI Risk% Strategy ตัวนี้ผมเอา CCI มาช่วยในการหาจุดเข้าและจุดออก
โดยผมจะเอา EMA มาใส่ CCI ซ้อนไปอีกที เพื่อหาจุดเข้าและออกครับ
หลังจาก backtest แล้วก็พบว่า เป็นตัว trend following strategy ที่ค่อนข้างจับ trend ได้อยู่หมัด ( คือไม่ยอมออกง่ายๆ ถ้าราคาไม่หัวปักหนักๆ จริงๆ )
ตอนนี้ สำหรับ BTC ก็อย่างที่เห็น ว่า confirm trend ขาลงแล้ว .. หลังจากนี้ก็คงได้แต่รอการลงแรงๆ เพื่อปิดฉากขาลงสักรอบ แล้วค่อยขึ้นใหม่ 555