[EDU] Close Open Estimation Signals (COE Signals)EN:
Close Open Estimation ( aka COE ) is a very simple swing-trading indicator based on even simpler idea. This indicator is from my educational series, which means that I just want to share with another way to look at the market in order to broaden your knowledge .
Idea :
Let's take n previous bars and make a sum a of close - open -values of each bar. Knowledgeable of you may already see the similarity to RSI calculation idea . Now let's plot this sum and see what we have now.
We can see, that whenever COE crosses over 0-level, uptrend begins, and if COE crosses under 0-level, downtrend begins. The speed of such signals can be adjusted by changing lookback period: the lower the lookback, the faster signals you get, but high-quality ones can be obtained only via not-so-fast lookback as when the market is consolidating or volatility is to high, there can be many garbage signals, like 95+% of other indicators have.
Let's explore more and calculate volatility of COE(v_coe in the code): current COE - previous CEO .
Now it appears that when v_coe crosses over 0-level, it's a signal, that this is a new low and soon the uptrend will follow. Analogically for crossing under 0-level .
I guess now you understood what these all are about: COE crossings show global trend signals , while Volatility COE ( v_coe or VCOE ) crossings show reversal points .
For signals I further calculated volatility of VCOE(VVCOE) and then volatility of VVCOE(VVVCOE). Why? Because for me they seem to be more accurate, but you are welcome to experiment and figure best setups for yourself and by yourself, I just share my opinion and experience .
COE can be helpful only in high liquidity markets with good trend or wide sideways .
If you want to experiment with COE, just copy the code and play with it. Curious of you will probably find it helpful eventhough the idea is way too simple.
By it's perfomance COE can probably beat QQE at open price settings.
(use open of the price at indicator to get zero repaint! )
Examples :
If you any questions, feel free to DM me or leave comments.
Good luck and take your profits!
- Fyodor Tarasenko
RU:
Close Open Estimation ( aka COE ) — это очень простой индикатор свинг-трейдинга, основанный на еще более простой идее. Этот индикатор из моей образовательной серии, а это значит, что я просто хочу поделиться с другим взглядом на рынок , чтобы расширить ваши знания .
Идея :
Возьмем n предыдущих баров и составим сумму a из close - open -значений каждого бара. Знающие люди могут уже заметить сходство с идеей расчета RSI . Теперь давайте построим эту сумму и посмотрим, что у нас сейчас есть.
Мы видим, что всякий раз, когда COE пересекает выше 0-уровня, начинается восходящий тренд , а если COE пересекает ниже 0-уровня, начинается нисходящий тренд. Скорость таких сигналов можно регулировать изменением ретроспективы: чем меньше ретроспектива, тем быстрее вы получаете сигналы, но качественные можно получить только через не- такой быстрый взгляд назад, как когда рынок консолидируется или волатильность слишком высока, может быть много мусорных сигналов, как у 95+% других индикаторов.
Давайте рассмотрим больше и рассчитаем волатильность COE(v_coe в коде): текущий COE - предыдущий CEO .
Теперь кажется, что когда v_coe пересекает уровень 0, это сигнал о том, что это новый минимум и вскоре последует восходящий тренд . Аналогично для пересечения под 0-уровнем .
Думаю, теперь вы поняли, о чем все это: COE пересечения показывают глобальные сигналы тренда , а пересечения Volatility COE ( v_coe или VCOE ) показывают точки разворота .
Для сигналов я дополнительно рассчитал волатильность VCOE(VVCOE), а затем волатильность VVCOE(VVVCOE). Почему? Потому что для меня они кажутся более точными, но вы можете поэкспериментировать и подобрать оптимальные настройки для себя и для себя, я просто делюсь своим мнением и опытом .
COE может быть полезен только на рынках с высокой ликвидностью и хорошим трендом или широким боковиком .
Если вы хотите поэкспериментировать с COE, просто скопируйте код и поэкспериментируйте с ним. Любознательные из вас, вероятно, сочтут это полезным, хотя идея слишком проста.
По своей результативности СОЕ может составить конкуренцию широко известному QQE, используя open цены.
(используйте open цены на индикаторе, чтобы получить нулевую перерисовку! )
Примеры :
Если у вас есть вопросы, пишите мне в личные сообщения или оставляйте комментарии.
Удачи и профита всем!
- Федор Тарасенко
Concept
[Strategy Alert Webhook Demo] Buy One Sell One Buy One Sell One
Two Options to send Alert Order via Webhook
1. Order fill events with `alert_message` on strategy.close(), strategy.entry(), strategy.exit() and strategy.order()
NOTE: Need to fill the Alert Creation box with `{{strategy.order.alert_message}}`
2. Send Alert through `alert()`
ATR Range ProbabilityUse ATR for measure range probability reversal or target line calculate by close price +- %ATR
Default line and table show -100 to 100%, And the rest can add in setting tab max 200%
- This release measure base on TF D, Line and Table appear on TF D and lower
- Table show range %ATR ,data and difference form current price ,
- line price and text need to be update.
Jathuko Boncu Serok Cendolserok brrooo....
Jakarta - Celsius Network LLC menggugat mantan manajer investasinya, Jason Stone pada selasa lalu. Perusahaan pemberi pinjaman kripto ini menuduh Stone mencuri aset puluhan juta dolar sebelum bangkrut bulan lalu.
Dalam pengaduan yang diajukan di pengadilan kebangkrutan Manhattan, Celsius menuduh Stone dan perusahaannya KeyFi Inc melakukan kelalaian fatal. Stone juga dituduh tidak berkompeten dalam berinvestasi kripto.
Dikutip dari Reuters, Rabu (24/8/2022), Celsius mengatakan Stone terbukti gagal memberikan untung dan menyebabkan kerugian puluhan juta dolar.
Baca artikel detikfinance, "Diduga Tilep Kripto Puluhan Juta Dolar, Manajer Ini Digugat Perusahaannya" selengkapnya
[FrizLabz] FVGFVG indicator --
Allows your Charts to stay CLEAN for your T.A. by plotting the FVGs on top of the Candles inside of its Borders
FVGs can also be turned off and you can Remove the Bar Color only
Each FVG has a tooltip that you can hover your mouse over to get the (Type of FVG, Size, Top, Middle, Bottom, Time)
FVGs Using Plots so that they go all the way back in history you can have more than 500 on the chart
Uses 4 Plots to achieve this 4 are used to prevent the fill() from carrying over to the next bar if there are 2 FVGs
Can remove Bar Color - Theres no option to change Bar Color because it will cover up the FVG
Hope you guys Enjoy,
Magic EMA Ultra [Jay Jani]\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\
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Compare ticker against SPX - yoyo This script is built on a request of one of the best trader yoyo. The script compares the performance of a tickers against SPX.
The script gives user option to override default SPX ticker to a ticker of their choice using settings.
The script does a % change comparison against base stock which is SPX by default for same timeframes and you can see relativity of stock to the other.
It also does plot a line that shows any divergence.
WMACDThis is MACD but little different.
The idea behind this is to use MACD to find resistance and support level first. So we can use the logic of volume profiles for this setting and by imply the MACD on it you can make the hybrid for it .
The line represent the both resistance level and if macd is above or bellow the zero
if line is red the macd is bellow zero if it lime then it above zero .
The bars represent the macd (in gray) - left side is buy and right side is sell
so how to use it ?
for example : if MACD is red and price is bellow the line we are in bear state and the line represent the resistance
lets say price bellow the line and macd line is green then this is buy signal and our goal is to reach the price of the supposed resistance
, if price break the line up then we are in bull time mode and strong buy .
Now our line will become the support line .
you can change the setting of the MACD to make it more sensitive or less sensitive as regular macd with fast and slow length
This is a concept idea how to make the MACD to find resistance and support level
so try to play with it to see how it work
BEST Strategy Template w/ Custom SL/TP Size - EducationalHello traders
I'm getting this question at least once per week: "how to define a custom exit quantity for my stop loss and a different one for my take profit"
Instead of answering every day the same question in my DMs, I've decided to publish an educational strategy template script using this
Features
- Select to use or not the SL and/or TP
- Define how many pips/USD the SL/TP should be set at from the entry
- Define what quantity percentage you want to close at SL and/or at TP (lines 301 to 320 in the code)
- Classical custom trailing stop where the SL is moved to breakeven once the TP is hit
- Get real-time backtesting stats based on the options you've selected
Update
You might not know it yet but from last week (or maybe the week before), the qty/qty_percent from the strategy.exit function refers now to the initial position size (and not the remaining position size like before)
For example:
strategy.exit("EX1", qty_percent = 50, stop = constant)
strategy.exit("EX2", qty_percent = 20, stop = constant)
What happened before
After "EX1" reaches SL levels, "EX2" exits 20% from the % of the remaining position size.
If the initial position size = 100 contracts
EX1 exits 50 contracts
EX2 exits 20% of 50 contracts = 10 contracts
What's happening now
After "EX1" reaches SL levels, "EX2" exits 20% from the % of the original position size.
If the initial position size = 100 contracts
EX1 exits 50 contracts
EX2 exits 20 (20% of 100 contracts) contracts
I think this is an improvement and I really enjoy this new behavior.
See you in a few days with another post :)
ALL THE BEST
Dave
[QG] Dynamic Zones Value ChartThe classic value charts indicator has fixed overbought and oversold levels at 8 and 10 levels and the idea of adding dynamic zones around them instead of fixed levels is appealing.
During the strong trending movements, the overbought and oversold levels also dynamically move up or down.
I have used the dynamic zones code by @allanster.
The idea of using dynamic zones on value charts comes from a similar indicator available in mql4.
Money Velocity Population Adjusted (MVPA)MVPA=GDPPC/( M2 /POP). An adaptation to normal Money Velocity, taking into account populations for more volatile plots/different perspective. Major world economy's money supply velocity. Compare how each country's monetary policy has played out and current trajectory in comparison to others. The velocity of money is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period. The concept relates the size of economic activity to a given money supply, and the speed of money exchange is one of the variables that determine inflation .
ICT NEW YORK MIDNIGHT OPEN AND 8.30 AM OPENTHIS SCRPT SHOWS NEW YORK MIDNIGHT OPEN PRICE AND 8.30 AM OPEN PRICE (AM SESSION)
you can use this script in forex, indices and your platform timezone should be exchange market time or new york time
FarmGroup RGLineИндикатор основан на линии сопротивления и поддержки. РАБОЧИЕ ТФ 4ч и 6ч , на других СТРОГО НЕ СОВЕТУЕМ РАБОТАТЬ
ATH Levels V3Added the ability to hide the Peak ATH level so that you can zoom into lower levels with more detail. Useful when prices are tanking and you want a better view.
Input Text Area to Array then Reshape Table█ OVERVIEW
Simple method to convert from input.text_area to array using str.split.
Reshape table using switch, not necessary must use matrix.reshape.
Might be useful pine script to replace input.symbol.
█ FEATURES
Table can positioned by any position and font size can be resized.
Reshape table and sorting array if necessary.
█ CREDITS
Credits to TradingView for new update of input.text_area.
Fractal DimensionFractal dimension, as described by BCA-research. When the function reaches the lower boundary, the fractal dimension collapses. This indicates that the market participants, on different time frames, now are all betting on the same direction. The market is now overextended. However, the boundary value is arbitrary and can be modified.
Backtesting- IndicatorFor anyone interested, Here is an example of how to put backtesting results into an Indicator. This calculates the same values as you find in the Summary Screen of the built in Strategy backtester. This will use the same result size as the standard backtester i.e. 5 minute chart grabs roughly 1 month of data, 1 minute chart grabs 1 week of data, etc... I tried to keep this as self-contained as possible so I put most of the code for the results in the bottom of the Indicator. The results stop at the last completed trade signal i.e. a Buy has a Sell to it. This is the same indicator I posted earlier with the PCT Trailing StopLoss so you will see that code in here as well. As said in my previous posting, the indicator is just a simple EMA crossover to give it something to do and I would not recommend using this indicator on its own, but instead copy the code to your own indicator if you find it useful. I also left the code in so that you can switch back to a Strategy if you want to verify the results.
Additional Notes:
- The results are within an acceptable margin of error due to the fact that the Indicator is having to calculate based on when the Buy and Sell Signal occur as opposed to when actual trades occur like in the Strategy Backtester
- I was trying to find a way to set the number of Buy Signals to use i.e. show me the results from the past 100 trades but couldn't sort out the logic. I am open to suggestions. Also keep in mind I am not a coder by profession so if you have any ideas on that front, please explain it to me as though I am a 5 year old child and provide code examples if possible :)
- I included the Strategy results in the Screen Shots so that you can see where the results line up.
Additional Additional Note:
This is not financial advice. Use at your own risk.
Study forloop Star Diamond'Study forloop' pinescript Program to print star diamond
The Program Logic
I've taken the previous script and added a footer to it. instantly transformed into a diamond shape.
Flat Detect By Bollinger BandsThis simple script indicate the potential flat market zones, calculated based on the Bollinger Bands width.
It's showing the Bollinger Bands in red when the market is detected as flat.
You can adjust the Width Threshold with precision on the inputs settings.
Enjoy :)
Error Message -- DemoThis script is proof of concept to display an “error message” to provide user feedback when valid, but non-logical variables are input by the end user. In this example, the user enters a lower limit that is greater than the upper limit. The Pinescript user input box allows input types and min/max values, but it does not allow input conditions like (Upper > Lower) for each variable. This script evaluates the user input and determines if the variables are logical. If not, it will print an error box using the new Pinescript table function.
This is a demo only – there are no signals, strategies, or alerts. Hopefully, some pinescripters will find this idea useful and expand on the concept.
User inputs an Upper Limit that is lower than the Lower Limit – error message displayed.
User inputs logical Upper and Lower Limits (Upper Limit is greater than Lower Limit) – normal plots.
Examples of Rolling Average Using Automated AnchoringIn this study, I present a method to expose NaN values to development environment.
This exposure allows NaN values to be used by methods in scripts.
I also show how to use values, even NaN values, as anchors from which statistics can be computed from.
I demonstrate how to do this with constants and variables in methods for computing the cumulative/rolling average of a series.
I also show how to calculate the cumulative/rolling average from the start of a ticker series using the aforementioned methods.
Each method has a description on how some of their parts work as well as their constraints.
Method #1 - Can only be used for computing the rolling average on the ticker series.
Method #2 - The simple moving average from the Pine Script reference.
- Can be used to calculate the rolling average of the ticker series and number values of a series.
- This method seems to cause an error when there are many bars in the series.
Method #3 - The most versatile method due to the use of computing the rolling average using an array.
- Timeout will occur when computing the rolling average of an entire ticker series which is long.
- Timeout has not occurred when computing a rolling average of a series from NaN or non-NaN anchor points even when the series is long.
This is an attempt to get around the constraints of the built-in sma(source, length) function in which length cannot be dynamically adjusted.
Other Pine Script functions have that constraint which we can get around by defining our own functions.
