Inizia

Meanreversion

BBPCTIndicator tracks percentage distance between current price and its historical deviations, to produce premium and discount zones, suggest mean reversions,cooldowns and pullbacks Script so far is traditional,simple, and straight forward ,tinkered it real quick on friend request after failing to find properly done and intuitive work on Bollinger Bands % in pine library It might or might not be re-published as open source or study protected script , really depends on how future updates goes,how much work will be put in and how unique end result will be. //Input Options in first release Option to switch between small (6) variety of filters (This time no non-traditional filters to avoid overwhelming and confusing users ,current list still yields good diversity for changing indicators behavior and pinpointing best suited filtering direction, in future current types will be swapped with more advanced ones and consolidated into three options tailored for different market conditions - trending,ranging, and balanced(?) - jack of all trades master of none.) Option to toggle basic warnings about possible reversals,option for colored bars(candles) and/or arrow plots OB/OS levels can be adjusted via inputs Note: Current default compiling will lack traditional values as i ditched them and set to personal preference, set to 100 0 for traditional look Sigma can be changed in inputs,length obviously can be changed too Source can be changed //Upcoming updates Polishment- algorithmic change for cores logic Attempt to build logic to differentiate pullbacks from reversals More complex reversal recognition and their confirmations Proper color coding //Screencaps Dont use comment section for asking access , got two warnings already from tradingview moderators because people flood the comment section and apparently its offence from my end to not provide directions for access. If u are willing to test indicator and actually deliver feedback,ideas, params - Dm(direct message) and we add u ,expiration timer will be set in place to clean up in case no feedback is delivered. P.S its not likely i will add more people to testing after people count reach 40-50 or script becomes older than week
Indicatore Pine Script®
di InSilico
61
GMS: Candlestick Patterns with RSI FilterI wanted to apply an RSI filter to some of the new Candlestick Patterns (in the indicators tab) since some of them looked to be quite effective for picking reversals. Turns out it's a pretty good pairing. You can modify the RSI length in addition to the upper and lower thresholds. I also added in check boxes to combine different bullish and bearish patterns. The candlestick patterns included are: 1. Long Upper Shadow 2. Long Lower Shadow 3. Doji 4. Bullish Harami 5. Bearish Harami 6. Bullish Engulfing 7. Bearish Engulfing Hope it helps! Andre
Indicatore Pine Script®
di GlobalMarketSignals
4
Hammer & Shooting Star IndicatorA hammer candle is defined here as 1) the lower shadow (wick) is at least twice the length of the main body and 2) the close is in the top half of the range. A shooting star has the opposite conditions 1) the upper shadow is at least twice the size of the main body and 2) the close is in the lower half of the range. These candles should not be used by themselves but used in context ie with Bollinger bands, RSI or other oscillators they can form part of a mean reversion system.
Indicatore Pine Script®
di DavidOConnorSpain
2
Wick SniperThis indicator is free to all Oasis Trading Group members. The Wick Sniper was created to catch volatile moves that are extended from the mean. It uses an advanced ATR formula to follow price like a band, with an upper deviation and a lower deviation. I have also added a 1 candle offset so that the moves are not in "hindsight". Feel free to experiment with the inputs to find what is best for your asset. For Access or Questions: Private message us. Thank you.
Indicatore Pine Script®
di OasisTrading
11
Channel ATR1 - What is the Channel ATR indicator This is an envelope indicator (like the Bollinger bands indicator) used to evaluate how much the price diverge from it's moving average. This indicator can be used as a system on it's own. I recommend to use it when the market goes side way, although, you can also use it when the market is trending. What makes this indicator so relevant and reliable ? The use of the ATR to build the envelope. Read below if you wan to know more. 2 - How is the Channel ATR computed The main component is an EMA. The envelope is made of 3 layers, each is the Average True Range, plot at a multiple distance from the EMA (1*EMA, 2*EMA, 3*EMA) . If you don't know what is the ATR, it's basically a measure of the volatility (you can read more about it here ). Each layer of the envelope is a multiple of the measure of the volatility. Let's see how to use it. 3 - How to use the Channel ATR indicator You can use this indicator in different strategies : - Return to the mean: When the price goes out of the envelope, it's an excess of the market. You can take advantage of this by betting to a return to the EMA value. - Trend following : If the market is tending, you can buy/sell when the price touch the EMA and place a target at another level in the envelope. - Stop loss: Since each envelope layer is built from the ATR (i.e. the volatility), you can use it to place your stop at least at 1 ATR from your entry, to not be hit by the market noise. - Find your own way : The Channel ATR is a very rich and powerful indicator, you can try to built your own trading system on the top of it.
Indicatore Pine Script®
di Brykou
1
EMA Mean Reversionthis is a mean reversion strategy using ema std deviations use flat scaling 5 orders buy and sell - just close it back when it hits the VWMA strategy operates to make dozens of small profitable trades in exchange for a larger loss on rare trending moves. It works by projecting five 0.5% std deviations from the ema as volatility bands to help you scale into shorts and longs. generally flat scaling will work better than ascending. there is no SL logic for the strategy - positions should be closed when prices crosses back through the VWMA . To be used on lower timeframes only as the bands to do not expand or contract according to ATR
Indicatore Pine Script®
di Rovket192
2
MXKE | Swing Trader AssistIntroduction Swing Trader Assist indicator is designed to assist in the systematic identification of Hammers & Lookback signals within Uptrending markets, Stars & Lookback signals within Downtrending markets, and Mean Reversion signals within Sideways markets. The trader must first identify a strong market trend, then apply the indicator. Application of the indicator to weak trends will render equally weak signals. Application of the indicator to strong trends will render equally strong signals. Identification of strong trends is the responsibility of the individual trader and is instrumental to the successful deployment of this indicator and accompanying trading plan. *Please comment below to request access* *Please share with me on Twitter your usage and/or ideas for improvement so that I may improve this indicator in the future* Market Types Uptrend: Higher highs + Higher lows Downtrend: Lower highs + Lower lows Sideways: Higher highs + Lower lows (Expanding Range) or Lower highs + Higher lows (Narrowing Range) Position Sizing 1R = .25%-2% of total nominal capital dependent upon timeframe and risk appetite Order Types Entry: Buy Stop 1 tick above High of “Up” Signal Bars; Sell Stop 1 tick below Low of “Down” Signal Bars Stop: Bar Close <= 1 tick below Low of “Up” Signal Bar; Bar Close >= 1 tick above High of “Down” Signal Bar Profit Target: 1.5R distance from “Up” or “Down” fill level with the option to trail stop on each new swing high/low; Bollinger Band Midline minimum 1.5R distance from “Sideways” fill level with option to trail stop on continuation to the opposite end of the range (opposite Bollinger Band) Trading Plan ❑ Market Type is clearly identifiable as Up, Down or Sideways ❑ Swing Trader Assist indicator is set to the corresponding Market Type: Up, Down or Sideways ❑ Position size is no more than .25%-2% of total nominal capital (based on distance from Signal Bar fill level to Signal Bar stop level as 1R) ❑ Distance from Signal Bar fill level to potential Profit Target is minimum 1.5R ❑ On Hammer or Star fill: close position into trend extension at 1.5R+ or adjust trailing stop on each new swing high/low ❑ On Mean Reversion fill: close position at midline or adjust trailing stop on each continuation to opposite end of range Usage Notes The indicator will display developing signals intrabar and it is therefore suggested to wait until bar close to act on any signals. “Autodetect” setting under “Market Type” is currently in beta mode. While it is designed to reveal only relevant signals within strong trends based on a series of EMAs, this setting has not been extensively tested. Use with caution. The indicator is not meant to be a mechanical trading system. It is designed to assist the trader in objectively and systematically identifying signal bars during the execution of the below swing trading plan. It is up to the trader to determine if overall price action warrants acting upon the signal bars or not. Case Studies
Indicatore Pine Script®
di mikegyulai
188
ATR-ranged Donch on 15min// This is a simple Mean Reversion & Breakout Indicator. // A Donchian Channel is plotted. A threshold equal to 0.25 of Daily ATR. // If price reverses from this threshold, then it can be taken as possible Mean Reversion. // If price crosses the previous Donchian levels, it can be taken as a possible breakout. // Typical of such strategy is the whipsaw effect when price movement is just flat. // I have marked the region where the lower and higher thresholds are closer to be an indicative of whipsaw. // But it is not really effective to avoid whipsaw.
Indicatore Pine Script®
di Masa_1234
4
Global Market Signals: Is the Trend Your Friend? AlgorithmWelcome! This is a fully customizable strategy to help generate great trade signals as well as provide basic analysis on any market of your choice. All the trades occur at the open of a candle. Settings: 1. Long or Short 2. Look back length 3. New Highs or New Lows? 4. Trade Duration 5. Trend SMA Length 6. Above or Below Trend SMA Example: Using a Daily SPY chart. The Default Settings are: 1. Long 2. 10 3. New Lows 4. 5 5. 200 6. Above What this means is that you will be going long when there is a new 10 day lowest close, you'll hold the trade for 5 days, and the trades only occur above the 200 day simple moving average. **When you test your settings, make sure that in the Properties tab, you have the "Order Size" set at 100 and in the drop down menu to the right, make sure "% of equity" is selected.**
Strategia Pine Script®
di GlobalMarketSignals
3
Bollinger Band Strategy (Basic) Version 1 This strategy is for learning purposes only. Pay special attention to these strategies on longer aggregation periods (like 1 hr chart or more). Don't expect accurate results when you set a limit to 10 cents above your entry to be accurate. For example if you set the chart to 1 day, the price may move down and hit a stop 10 times then tag your limit. If this doesn't make sense, just don't use strategies here. Learn more first. That being said, I don't have specific recommendations for each aggregation period, backtesting isn't always perfect. Now then, this strategy can be used as the traditional BB method by setting the "Stop" and "Limit Out" to like 10000, check "Reversal Entry" and uncheck "Limit Time of Day" This will keep the strategy running just reverse your position when price crosses outside each band. INPUTS: Length - length of WMA that I used for mean of Bollinger Band (this may suppose to be SMA, too bad) Source - O-H-L-C basis for WMA Deviation - normal Standard deviation that would be set when using Bollinger Band Trailing stop check box - your stop value will be either a hard stop or trailing stop for an exit Stop - the stop value - remember you can set this really high and it won't stop out Limit Out - the limit value for exit Reversal Entry check box - This changes each entry from a reversal (traditional idea of BB) to enter a trend trade - hopefully version 2 will have choice to trend one direction and reversal in the other. Limit Time of Day - Especially when trading futures, you may want to only trade a specific time of day, when this box is checked, you can set the entry times below, exit will still only occur based on limit/stop or a flip entry order (the opposite entry condition is met) Tips: when I don't know a thing about a price range, like gold. I can set the limit out to 10000 and play with a trailing stop to get a better idea of what is even possible before tuning further.
Strategia Pine Script®
di oldinvestor