BTC Scalp 003echnical Indicators:
EMAs: 50-period and 200-period Exponential Moving Averages to identify trend direction.
Bollinger Bands: 20-period SMA with standard deviation to gauge volatility.
RSI: 14-period Relative Strength Index to detect overbought or oversold conditions.
MACD: Moving Average Convergence Divergence for momentum assessment.
Volume: Current volume and its 20-period moving average to confirm trade signals.
Indicatori e strategie
SMK1352 - Multi-Position IndicatorThis is a new beginning indicator made by myself. I will try to improve and enhance it.
it is just for information and reference only and not suggested to be based for real trades.
any usage responsibility is just on user part.
PseudoPlotLibrary "PseudoPlot"
PseudoPlot: behave like plot and fill using polyline
This library enables line plotting by polyline like plot() and fill().
The core of polyline() is array of chart.point array, polyline() is called in its method.
Moreover, plotarea() makes a box in main chart, plotting data within the box is enabled.
It works so slowy to manage array of chart.point, so limit the target to visible area of the chart.
Due to polyline specifications, na and expression can not be used for colors.
1. pseudoplot
pseudoplot() behaves like plot().
//use plot()
plot(close)
//use pseudoplot()
pseudoplot(close)
Pseudoplot has label. Label is enabled when title argument is set.
In the example bellow, "close value" label is shown with line.
The label is shown at right of the line when recent bar is visible.
It is shown at 15% from the left of visible area when recent bar is not visible.
Just set "" if you don't need label.
//use plot()
plot(close,"close value")
//use pseudoplot
pseudoplot(close, "close value")
Arguments are designed in an order as similar as possible to plot.
plot(series, title, color, linewidth, style, trackprice, histbase, offset, join, editable, show_last, display, format, precision, force_overlay) → plot
pseudoplot(series, title, ,linecolor ,linewidth, linestyle, labelbg, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay) → pseudo_plot
2. pseudofill
pseudofill() behaves like fill().
The label is shown(text only) at right of the line when recent bar is visible.
It is shown at 10% from the left of visible area when recent bar is not visible.
Just set "" if you don't need label.
//use plot() and fill()
p1=plot(open)
p2=plot(close)
fill(p1,p2)
//use pseudofill()
pseudofill(open,close)
Arguments are designed in an order as similar as possible to fill.
fill(hline1, hline2, color, title, editable, fillgaps, display) → void
pseudofill(series1, series2, fillcolor, title, linecolor, linewidth, linestyle, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay) → pseudo_plot
3. plotarea and its methods
plotarea() makes a box in main chart. You can set the box position to top or bottom, and
the box height in percentage of the range of visible high and low prices.
x-coordinate of the box is from chart.left_visible_bar_time to chart.right_visible_bar_time,
y-coordinate is highest and lowest price of visible bars.
pseudoplot() and pseudofill() work as method of plotarea(box).
Usage is almost same as the function version, just set min and max value, y-coodinate is remapped automatically.
hline() is also available. The y-coordinate of hline is specified as a percentage from the bottom.
plotarea() and its associated methods are overlay=true as default.
Depending on the drawing order of the objects, plot may become invisible, so the bgcolor of plotarea should be na or tranceparent.
//1. make a plotarea
// bgcolor should be na or transparent color.
area=plotarea("bottom",30,"plotarea",bgcolor=na)
//2. plot in a plotarea
//(min=0, max=100 is omitted as it is the default.)
area.pseudoplot(ta.rsi(close,14))
//3. draw hlines
area.hline(30,linestyle="dotted",linewidth=2)
area.hline(70,linestyle="dotted",linewidth=2)
4. Data structure and sub methods
Array management is most imporant part of using polyline.
I don't know the proper way to handle array, so it is managed by array and array as intermediate data.
(type xy_arrays to manage bar_time and price as independent arrays.)
method cparray() pack arrays to array, when array includes both chart.left_visible_bar_time and chart.right_visible_bar.time.
Calling polyline is implemented as methods of array of chart.point.
Method creates polyline object if array is not empty.
method polyline(linecolor, linewidth, linestyle, overlay) → series polyline
method polyline_fill(fillcolor, linecolor, linewidth, linestyle, overlay) → series polyline
Also calling label is implemented as methods of array of chart.point.
Method creates label ofject if array is not empty.
Label is located at right edge of the chart when recent bar is visible, located at left side when recent bar is invisible.
label(title, labelbg, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay) → series label
label_for_fill(title, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay) → series label
visible_xyInit(series)
make arrays of visible x(bar_time) and y(price/value).
Parameters:
series (float) : (float) series variable
Returns: (xy_arrays)
method remap(this, bottom, top, min, max)
Namespace types: xy_arrays
Parameters:
this (xy_arrays)
bottom (float) : (float) bottom price to ajust.
top (float) : (float) top price to ajust.
min (float) : (float) min of src value.
max (float) : (float) max of src value.
Returns: (xy_arrays)
method polyline(this, linecolor, linewidth, linestyle, overlay)
Namespace types: array
Parameters:
this (array)
linecolor (color) : (color) color of polyline.
linewidth (int) : (int) width of polyline.
linestyle (string) : (string) linestyle of polyline. default is line.style_solid("solid"), others line.style_dashed("dashed"), line.style_dotted("dotted").
overlay (bool) : (bool) force_overlay of polyline. default is false.
Returns: (polyline)
method polyline_fill(this, fillcolor, linecolor, linewidth, linestyle, overlay)
Namespace types: array
Parameters:
this (array)
fillcolor (color)
linecolor (color) : (color) color of polyline.
linewidth (int) : (int) width of polyline.
linestyle (string) : (string) linestyle of polyline. default is line.style_solid("solid"), others line.style_dashed("dashed"), line.style_dotted("dotted").
overlay (bool) : (bool) force_overlay of polyline. default is false.
Returns: (polyline)
method label(this, title, labelbg, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay)
Namespace types: array
Parameters:
this (array)
title (string) : (string) label text.
labelbg (color) : (color) color of label bg.
labeltext (color) : (color) color of label text.
labelsize (int) : (int) size of label.
format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").
shorttitle (string) : (string) another label text for recent bar is not visible.
xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.
overlay (bool) : (bool) force_overlay of label. default is false.
Returns: (label)
method label_for_fill(this, title, labeltext, labelsize, format, shorttitle, xpos_from_left, overlay)
Namespace types: array
Parameters:
this (array)
title (string) : (string) label text.
labeltext (color) : (color) color of label text.
labelsize (int) : (int) size of label.
format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").
shorttitle (string) : (string) another label text for recent bar is not visible.
xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 10%.
overlay (bool) : (bool) force_overlay of label. default is false.
Returns: (label)
pseudoplot(series, title, linecolor, linewidth, linestyle, labelbg, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay)
polyline like plot with label
Parameters:
series (float) : (float) series variable to plot.
title (string) : (string) title if need label. default value is ""(disable label).
linecolor (color) : (color) color of line.
linewidth (int) : (int) width of line.
linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".
labelbg (color) : (color) color of label bg.
labeltext (color) : (color) color of label text.
labelsize (int) : (int) size of label text.
shorttitle (string) : (string) another label text for recent bar is not visible.
format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").
xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.
overlay (bool) : (bool) force_overlay of polyline and label.
Returns: (pseudo_plot)
method pseudoplot(this, series, title, linecolor, linewidth, linestyle, labelbg, labeltext, labelsize, shorttitle, format, xpos_from_left, min, max, overlay)
Namespace types: series box
Parameters:
this (box)
series (float) : (float) series variable to plot.
title (string) : (string) title if need label. default value is ""(disable label).
linecolor (color) : (color) color of line.
linewidth (int) : (int) width of line.
linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".
labelbg (color) : (color) color of label bg.
labeltext (color) : (color) color of label text.
labelsize (int) : (int) size of label text.
shorttitle (string) : (string) another label text for recent bar is not visible.
format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").
xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.
min (float)
max (float)
overlay (bool) : (bool) force_overlay of polyline and label.
Returns: (pseudo_plot)
pseudofill(series1, series2, fillcolor, title, linecolor, linewidth, linestyle, labeltext, labelsize, shorttitle, format, xpos_from_left, overlay)
fill by polyline
Parameters:
series1 (float) : (float) series variable to plot.
series2 (float) : (float) series variable to plot.
fillcolor (color) : (color) color of fill.
title (string)
linecolor (color) : (color) color of line.
linewidth (int) : (int) width of line.
linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".
labeltext (color)
labelsize (int)
shorttitle (string)
format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").
xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.
overlay (bool) : (bool) force_overlay of polyline and label.
Returns: (pseudoplot)
method pseudofill(this, series1, series2, fillcolor, title, linecolor, linewidth, linestyle, labeltext, labelsize, shorttitle, format, xpos_from_left, min, max, overlay)
Namespace types: series box
Parameters:
this (box)
series1 (float) : (float) series variable to plot.
series2 (float) : (float) series variable to plot.
fillcolor (color) : (color) color of fill.
title (string)
linecolor (color) : (color) color of line.
linewidth (int) : (int) width of line.
linestyle (string) : (string) style of plotting line. default is "solid", others "dashed", "dotted".
labeltext (color)
labelsize (int)
shorttitle (string)
format (string) : (string) textformat of label. default is text.format_none("none"). others text.format_bold("bold"), text.format_italic("italic"), text.format_bold+text.format_italic("bold+italic").
xpos_from_left (int) : (int) another label x-position(percentage from left of chart width), when recent bar is not visible. default is 15%.
min (float)
max (float)
overlay (bool) : (bool) force_overlay of polyline and label.
Returns: (pseudo_plot)
plotarea(pos, height, title, bordercolor, borderwidth, bgcolor, textsize, textcolor, format, overlay)
subplot area in main chart
Parameters:
pos (string) : (string) position of subplot area, bottom or top.
height (int) : (float) percentage of visible chart heght.
title (string) : (string) text of area box.
bordercolor (color) : (color) color of border.
borderwidth (int) : (int) width of border.
bgcolor (color) : (string) color of area bg.
textsize (int)
textcolor (color)
format (string)
overlay (bool) : (bool) force_overlay of polyline and label.
Returns: (box)
method hline(this, ypos_from_bottom, linecolor, linestyle, linewidth, overlay)
Namespace types: series box
Parameters:
this (box)
ypos_from_bottom (float) : (float) percentage of box height from the bottom of box.(bottom is 0%, top is 100%).
linecolor (color) : (color) color of line.
linestyle (string) : (string) style of line.
linewidth (int) : (int) width of line.
overlay (bool) : (bool) force_overlay of polyline and label.
Returns: (line)
pseudo_plot
polyline and label.
Fields:
p (series polyline)
l (series label)
xy_arrays
x(bartime) and y(price or value) arrays.
Fields:
t (array)
p (array)
Japanese Candlestick Strategy with Alerts @tradingbauhausWhat does this script do?
This script is a trading tool that identifies common Japanese candlestick patterns on price charts. When it detects one of these patterns, it generates buy or sell signals and marks the patterns on the chart. Additionally, it includes alerts to notify users in real time when a signal is detected.
How does it work?
1. Pattern Identification
The script looks for the following Japanese candlestick patterns:
Hammer: A bullish candle with a long lower shadow. Indicates a potential bullish reversal.
Hanging Man: A bearish candle with a long lower shadow. Indicates a potential bearish reversal.
Shooting Star: A bearish candle with a long upper shadow. Indicates a potential bearish reversal.
Bullish Engulfing: A bullish candle that completely "engulfs" the previous bearish candle. Indicates a potential bullish reversal.
Bearish Engulfing: A bearish candle that completely "engulfs" the previous bullish candle. Indicates a potential bearish reversal.
Bullish Harami: A bullish candle that is completely within the range of the previous bearish candle. Indicates a potential bullish reversal.
Bearish Harami: A bearish candle that is completely within the range of the previous bullish candle. Indicates a potential bearish reversal.
2. Signal Generation
The script generates buy or sell signals based on the detected patterns:
Buy Signal: Triggered when a Hammer, Bullish Engulfing, or Bullish Harami appears.
Sell Signal: Triggered when a Hanging Man, Shooting Star, Bearish Engulfing, or Bearish Harami appears.
3. Markers on the Chart
To help users easily visualize the patterns, the script marks the candles that meet the conditions:
Hammer: Marked with a label "H" below the candle.
Hanging Man: Marked with a label "HM" above the candle.
Shooting Star: Marked with a label "SS" above the candle.
Bullish Engulfing: Marked with a label "BE" below the candle.
Bearish Engulfing: Marked with a label "SE" above the candle.
Bullish Harami: Marked with a label "BH" below the candle.
Bearish Harami: Marked with a label "SH" above the candle.
4. Real-Time Alerts
The script includes alerts to notify users when a signal is detected:
Buy Alert: Triggered when a buy signal appears. The message is: "A buy signal has been detected (Hammer, Bullish Engulfing, or Bullish Harami)."
Sell Alert: Triggered when a sell signal appears. The message is: "A sell signal has been detected (Hanging Man, Shooting Star, Bearish Engulfing, or Bearish Harami)."
How to Use It
1. Apply the Script
Users need to copy and paste the script into the Pine Script editor in TradingView.
Save the script and apply it to the chart.
2. View the Signals
Patterns will be marked on the chart with the corresponding labels (H, HM, SS, BE, SE, BH, SH).
3. Set Up Alerts
Users can create alerts in TradingView to receive notifications when a buy or sell signal is detected.
Alerts can be configured to send notifications via email, app messages, etc.
4. Backtesting
Users can use the "Strategy Tester" tab in TradingView to test the strategy’s performance on historical data.
Example Usage
If a Hammer appears, the script will mark the candle with a label "H" and send an alert: "A buy signal has been detected (Hammer, Bullish Engulfing, or Bullish Harami)."
If a Hanging Man appears, the script will mark the candle with a label "HM" and send an alert: "A sell signal has been detected (Hanging Man, Shooting Star, Bearish Engulfing, or Bearish Harami)."
Tips for Users
Confirmation: Always confirm signals with other indicators or technical analysis (e.g., support/resistance, RSI, moving averages).
Risk Management: Use stop-loss and take-profit orders to protect capital.
Testing: Test the strategy on different assets and timeframes before using it in live trading.
Customization: Adjust the script according to user preferences (e.g., change the percentage of equity per trade).
Final Notes
This script is a useful tool for identifying Japanese candlestick patterns and generating trading signals. However, it is not infallible. We recommend using it as part of a broader strategy and always practicing on a demo account before trading with real money.
I hope this explanation is clear and helpful for your users! If they have more questions, feel free to ask. 😊
High Volume Support and Resistance Levels مقدمة عن المؤشر:
مؤشر "High Volume Support and Resistance Levels" هو أداة تحليل تقني تهدف إلى مساعدة المتداولين في تحديد مستويات الدعم والمقاومة الأكثر أهمية بناءً على أحجام التداول العالية. يعتمد المؤشر على فكرة أن المستويات التي تحدث عندها أحجام تداول كبيرة هي نقاط مهمة حيث يكون للسعر احتمالية كبيرة للتوقف أو الارتداد أو حتى الكسر.
فوائد استخدام المؤشر:
يتم تحديد مستويات الدعم والمقاومة بناءً على النشاط الكبير في السوق، مما يعكس أهمية هذه المستويات بالنسبة للمتداولين الآخرين هذه المستويات تعتبر نقاط رئيسية لاتخاذ قرارات التداول.
تحليل البيانات بسهولة بدلاً من الاعتماد على تحليل يدوي أو تخمين مستويات الدعم والمقاومة، يقوم المؤشر بمعالجة البيانات تلقائيًا لتوفير مستويات دقيقة.
يساعد المؤشر على التعرف على كسر الدعم أو المقاومة، وهو أمر يمكن أن يكون إشارة لبداية اتجاه جديد أو تغيير في الزخم.
تخصيص كامل حسب احتياجات المتداول:
القدرة على تحديد عدد المستويات المطلوبة (1 إلى 6 مستويات).
إمكانية اختيار ألوان الخطوط وسمكها لتتناسب مع التفضيلات الشخصية.
تنبيهات للكسر:
يرسل المؤشر تنبيهًا عندما يتجاوز السعر مستوى مقاومة أو دعم رئيسي. هذا التنبيه يمكن أن يساعد في اتخاذ قرارات سريعة للتداول.
الدقة:
المؤشر يقوم بتحليل أحجام التداول خلال فترة محددة (مثل 500 شمعة) مما يجعل نتائجه قائمة على بيانات دقيقة وموثوقة.
كيف يعمل المؤشر؟
تحليل الشموع السابقة:
المؤشر يقوم بمراجعة عدد معين من الشموع السابقة (الفترة الزمنية تُحدد في الإعدادات).
يتم اختيار الشموع ذات أحجام التداول الأعلى.
رسم خطوط الدعم والمقاومة:
يتم رسم خطوط أفقية على الرسم البياني عند أعلى وأدنى سعر للشموع ذات أحجام التداول العالية.
الخطوط تمثل مستويات الدعم والمقاومة الرئيسية.
التنبيه عند الكسر:
إذا تجاوز السعر أعلى مستوى مقاومة، يعتبر ذلك إشارة إلى كسر صعودي (Breakout).
إذا انخفض السعر أسفل مستوى الدعم، يعتبر ذلك إشارة إلى كسر هبوطي.
تنويه:
المؤشر هو أداة مساعدة فقط ويجب استخدامه مع التحليل الفني والأساسي لتحقيق أفضل النتائج.
Introduction to the indicator:
The "High Volume Support and Resistance Levels" indicator is a technical analysis tool that aims to help traders identify the most important support and resistance levels based on high trading volumes. The indicator is based on the idea that levels at which high trading volumes occur are important points where the price has a high probability of stopping, rebounding or even breaking.
Benefits of using the indicator:
Support and resistance levels are determined based on high market activity, reflecting the importance of these levels to other traders. These levels are key points for making trading decisions.
Easily analyze data Instead of relying on manual analysis or guessing support and resistance levels, the indicator automatically processes the data to provide accurate levels.
The indicator helps identify a break of support or resistance, which can be a signal of the beginning of a new trend or a change in momentum.
Fully customizable to the needs of the trader:
Ability to specify the number of levels required (1 to 6 levels).
Possibility to choose the colors and thickness of the lines to suit personal preferences.
Break Alerts:
The indicator sends an alert when the price breaks a major resistance or support level. This alert can help in making quick trading decisions.
Accuracy:
The indicator analyzes the trading volumes over a specific period (such as 500 candles) making its results based on accurate and reliable data.
How does the indicator work?
Previous candle analysis:
The indicator reviews a certain number of previous candles (the time period is specified in the settings).
Candles with the highest trading volumes are selected.
Drawing support and resistance lines:
Horizontal lines are drawn on the chart at the highest and lowest prices of candles with high trading volumes.
The lines represent the main support and resistance levels.
Breakout alert:
If the price exceeds the highest resistance level, this is a signal for an upward breakout.
If the price drops below the support level, this is a signal for a downward breakout.
Disclaimer:
The indicator is an auxiliary tool only and should be used in conjunction with technical and fundamental analysis to achieve the best results.
Momentum Indicators Suite
This script is designed to provide a Momentum Indicator, combining multiple technical analysis indicators to compute a summary metric (totalPoints) for evaluating the current market state as Bullish, Bearish, or Neutral. The indicators operate independently, and their individual outputs contribute points to the total score for each bar.
Indicators and Their Roles:
Relative Strength Index (RSI):
Measures the strength of price momentum on a scale from 0 to 100.
A value above 50 adds a bullish point, and a value below 50 adds a bearish point.
Interaction: RSI contributes to the overall momentum score (totalPoints) but is independent of other indicators.
Moving Average Convergence Divergence (MACD):
Consists of a MACD line and a signal line.
If the MACD line is above the signal line, it adds a bullish point; if below, it adds a bearish point.
Interaction: It works alongside other momentum indicators but doesn’t directly affect them.
Stochastic Oscillator:
Uses %K and %D lines to measure the position of the current close relative to its range.
A bullish point is added when %K > %D and > 50, while a bearish point is added when %K < %D and < 50.
Interaction: Combines short-term momentum with other indicators.
True Strength Index (TSI):
Evaluates price momentum using a double-smoothed EMA.
Positive TSI adds a bullish point; negative TSI adds a bearish point.
Interaction: Similar to RSI, it independently contributes to the momentum score.
Commodity Channel Index (CCI):
Measures the deviation of price from its moving average.
Positive values add a bullish point, negative values add a bearish point.
Interaction: Its values are compared to thresholds for extreme overbought or oversold conditions.
Choppiness Index (CHOP):
Determines whether the market is trending or ranging.
A low CHOP value (< 38.2) adds a bullish point (trending), while a high value (> 61.8) adds a bearish point (choppy).
Interaction: It acts as a filter to identify trending vs. non-trending conditions.
Vortex Indicator (VI):
Compares the relationship between up and down movements over a period.
If the positive Vortex line (VI+) is above the negative line (VI−), a bullish point is added; otherwise, a bearish point.
Interaction: Works well in identifying directional momentum.
How Indicators Interact:
Independent Calculations: Each indicator operates independently, calculating its own contribution based on its specific logic.
Contribution to Total Points: The totalPoints variable aggregates the results of all indicators. Indicators can contribute +1 for bullish conditions or -1 for bearish conditions. This total determines the overall market state:
Positive totalPoints: Bullish
Negative totalPoints: Bearish
Zero totalPoints: Neutral
Visual Interaction:
Indicators are plotted separately, providing individual insights. If you wish, you can uncheck all the indicator plots to make it much more visible and clear.
A fill feature visually combines the outputs of CCI and CHOP by coloring the area between their plots:
Green for bullish trends.
Red for bearish trends.
Gray for neutral states.
Enhancements for Market State Analysis:
Trend Detection:
The combination of indicators provides a holistic view of market momentum, ranging from short-term (e.g., Stochastic Oscillator) to longer-term trends (e.g., MACD, TSI).
Visual Cues:
Simplicity:
Each indicator contributes independently, and the scoring mechanism aggregates their results into a single, interpretable output (totalPoints).
Summary:
This script combines multiple momentum indicators to create a comprehensive view of market conditions. Each indicator evaluates different aspects of price behavior (momentum, trend strength, range, etc.) and contributes to a total score. The script doesn’t directly link indicators, but their combined outputs allow traders to assess whether the market is bullish, bearish, or neutral. The fill feature adds visual clarity, helping users quickly interpret the combined effect of the indicators.
MarktQuants Supertrend"MarktQuants Supertrend" is an indicator designed to help traders visualize market trends using a combination of moving averages and dynamic range calculations. It adapts to market conditions, providing insights into potential trend directions:
Trend Identification:
Utilizes a customizable moving average (MA Type) with options like SMA, EMA, SMMA, WMA, VWMA, TEMA, DEMA, LSMA, HMA, or ALMA to smooth price action.
Calculates a dynamic range based on the highest high over a specified period (Length), adjusted by multipliers (Multiplier Alpha and Multiplier Beta).
Signal Generation:
The indicator assesses price relative to both the moving average and the calculated range (Average Range or Lookback Alpha and Beta).
Scores are computed to determine if the price action suggests a long (bullish) or short (bearish) trend via crossover signals from these scores.
Visual Indicators:
Candlesticks: The color changes based on the trend direction; greenish for long conditions and purplish for short conditions, enhancing visual trend recognition.
Moving Average Line: Plotted in semi-transparent color matching the trend, with a bold line for clarity.
Range Indicator: A line representing the average range, filled with semi-transparent color to show potential support or resistance levels.
Customization:
Users can toggle between using the average range or specific lookback periods for trend signals via the Use Average Range option.
Adjustable parameters for the moving average and range calculations allow for fine-tuning to various market instruments or trading styles.
Inputs:
Range Settings:
Length: Defines the period for calculating the highest high.
Lookback Alpha & Lookback Beta: Different lookback periods for range calculation.
Multiplier Alpha & Multiplier Beta: Multipliers for adjusting the range.
Use Average Range: Switch to use average or specific range for signals.
Color Inputs: Select the bullish and bearish colors based on the users personal preference.
Moving Average Settings:
Type: Choice of moving average type.
Length: Length of the moving average.
Source: The price source for the moving average calculation (default is close price).
Note: This indicator is best used alongside other analysis tools to confirm trends and signals. Always consider the broader market context.
This description should meet TradingView's standards for indicator descriptions, providing clear context, functionality, and customization options to potential users.
LevelUp^ Power Trend ScreenerScreen for symbols in a Power Trend using the Pine Screener. This screener supports all equity types from stocks to ETFs to crypto.
When a Power Trend is active, there is a stronger than usual uptrend underway. The concept of a Power Trend was created by Investor's Business Daily to mimic the trading style of IBD's Founder and legendary trader, William O'Neil.
🔹 What Starts A Power Trend?
✓ Low is above the 21-day EMA for at least 10 days.
✓ 21-day EMA is above the 50-day SMA for at least five days.
✓ 50-day SMA is in an uptrend.
✓ Close up for the day.
🔹 What Ends A Power Trend?
✓ 21-day EMA crosses under 50-day SMA.
✓ Close 10% below recent high and below the 50-day SMA.
🔹 Screening Features - Setting Your Search Criteria
There are various search options that can be customized to meet your preferences.
▪ In A Power Trend
To cast the widest net, select only this option and all stocks in a Power Trend will be returned.
▪ Power Trend Started
This option will search for symbols that began a Power Trend on the most recent daily bar.
▪ Power Trend Ended
This option will search for symbols where there was an active Power Trend, however, it ended on the most recent daily bar.
▪ Days In A Power Trend
This option can be helpful if you would like to find stocks that recently entered a Power Trend, for example, stocks that have been in a Power Trend for less than 5 days. Another use would be to search for stocks where the Power Trend has been active for a longer period of time, for instance, over 50 days.
▪ 1 Week % Change
With this option you can search for stocks that are up/down a specific percentage over the past week. For example, search for stocks in a Power Trend that are up 5% or more in the past week.
▪ 1 Month % Change
Similar to the above, narrow the search to percent changes based on monthly data. For example, return stocks in a Power Trend that are down 10% or more in the past month.
▪ Limit Symbol Types
If you have a watchlist that has multiple symbol types, for example stocks and crypto, you can set this option to limit the search to one or more symbol types. You can configure this option by clicking the drop-down to the right of the indicator name and selecting Settings.
🔹 Installation And Usage
▪ Mark this indicator as a Favorite.
▪ Use the Pine Screener to search for Power Trends.
▪ Save the search results to a watchlist.
▪ View the watchlist in TradingView.
🔹 Power Trend Indicator
This screener is designed to be used along with the Power Trend indicator to view Power Trends on your chart.
🔹 Important Notes
▪ This indicator is for screening, there is no visible output on the chart.
▪ Once you mark this screener as a Favorite, you can remove it from your chart.
▪ The Power Trend concept as defined by Investor's Business Daily is based on moving averages on the daily timeframe. Given this requirement, this screener is also limited to searching the same timeframe.
shakeout checker Amitthis is for checking shakeout made by amit soni
this is for private use and maybe not many people will undertand this
NAS Strategie [tradbie]Dieser Indikator soll dir das Trading erleichtern. Hiermit lassen sich alle erforderlichen Einstellungen tätigen, wie Sessions, BoS etc.
Keine Gewähr, Trading ist mit hohem Risiko verbunden, daher soll dieser Indikator nur auf Demo-Accounts genutzt werden!
Adaptive Bollinger Bands Buy Signal-By Anas Albeikits an advanced version of bollinger bands indicator that show the best signals for closing under the lower band so you can enter long from there
GT_VIPПокупка/Продажа индикатор основан на уровнях RSI
Настройка индикатора на дневку, 5 дней и недели
Period - 10
Oversold - 54
Настройка индикатора на месяце
Period - 10
Oversold - 40
44-SMA-CROSS-INDICATOR-V244-SMA-CROSS-INDICATOR-V2 signals long or short on the basis of 44SMA cross
PowerStrike ProPowerStrike Pro is a powerful trading indicator designed to help traders identify high-probability buy and sell signals using a combination of ATR (Average True Range), RSI (Relative Strength Index), MACD, Supertrend, and weighted support/resistance levels. It is ideal for traders who want to combine multiple technical analysis tools into one comprehensive indicator.
Key Features
ATR Filtered Signals: Ensures signals are only generated during significant price movements.
Weighted Support/Resistance: Dynamically calculates support and resistance levels based on recent price action.
RSI Divergence Detection: Identifies bullish and bearish divergences for early trend reversal signals.
Supertrend Integration: Adds Supertrend buy/sell signals for additional confirmation.
MACD Strength: Incorporates MACD histogram strength to confirm momentum.
Customizable Parameters: Adjust all settings to fit your trading style and timeframe.
How to Use PowerStrike Pro
1. Adding the Indicator
Go to TradingView and open your chart.
Click on the "Indicators" button at the top of the chart.
Search for "PowerStrike Pro" and select it to add it to your chart.
2. Understanding the Signals
Buy Signal (Green Triangle): Appears below the price when the indicator detects a strong buying opportunity.
Sell Signal (Red Triangle): Appears above the price when the indicator detects a strong selling opportunity.
Supertrend Signals: Additional buy/sell signals are displayed as labels (▲ for buy, ▼ for sell).
Support/Resistance Lines: Blue and red dashed lines represent weighted support and resistance levels.
3. Customizing the Indicator
Open the Settings of the indicator by clicking on the gear icon.
Adjust the parameters to suit your trading strategy. For example:
RSI Period: Increase for smoother RSI values or decrease for more sensitivity.
ATR Multiplier: Adjust to filter out smaller price movements.
Support/Resistance Weight: Control how much weight is given to recent peaks and valleys.
4. Interpreting the Strength Labels
Buy Strength (%): Displays the strength of the buy signal as a percentage. Higher values indicate stronger signals.
Sell Strength (%): Displays the strength of the sell signal as a percentage. Higher values indicate stronger signals.
Use these labels to gauge the confidence level of each signal.
5. Combining with Other Tools
Use PowerStrike Pro in conjunction with other indicators like moving averages, volume analysis, or trendlines for additional confirmation.
For example, only take buy signals when the price is above a key moving average (e.g., 200 EMA).
Example Trading Strategy
Trend Confirmation: Ensure the higher timeframe trend is bullish (e.g., using a 50-period SMA on the 1-hour chart).
Signal Confirmation: Wait for a Buy Signal (green triangle) with a strength of at least 75%.
Entry: Enter the trade when the price breaks above the nearest resistance level (red dashed line).
Stop Loss: Place your stop loss below the nearest support level (blue dashed line).
Take Profit: Use a risk-reward ratio of 1:2 or trail your stop loss using the Supertrend indicator.
Tips for Success
Backtest: Test the indicator on historical data to understand its performance in different market conditions.
Risk Management: Always use proper risk management techniques, such as position sizing and stop-loss orders.
Avoid Overloading: While PowerStrike Pro combines multiple tools, avoid adding too many additional indicators to prevent analysis paralysis.
Community Feedback
We encourage you to share your experiences with PowerStrike Pro in the TradingView community. Let us know how you’ve customized it or combined it with other tools to improve your trading results!
Conclusion
PowerStrike Pro is a versatile and powerful indicator that simplifies technical analysis by combining multiple tools into one. Whether you’re a beginner or an experienced trader, it can help you identify high-probability trading opportunities with confidence. Happy trading!
44-SMA-CROSS-INDICATOR44-SMA-CROSS-INDICATOR public indicator to signal long or short if price crosses above or below the 44 SMA
SPY Moving Averages and Signalsbased on OM strategy.......................
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BOT AVAXUtilizar um bot no mercado financeiro pode oferecer diversas vantagens tanto para investidores iniciantes quanto para os mais experientes. Vou listar algumas dessas vantagens de forma clara e objetiva.
Vantagens de Usar um Bot de Trading
Automação: Um bot pode executar negociações automaticamente com base em parâmetros pré-definidos, economizando tempo e esforço.
Precisão: Bots seguem regras estritas e não são influenciados por emoções, reduzindo o risco de erros humanos.
Velocidade: Bots podem reagir instantaneamente a mudanças no mercado, garantindo que oportunidades de trading não sejam perdidas.
Consistência: Executam estratégias de forma consistente, sem desvios ou hesitações, garantindo a aplicação uniforme de sua estratégia.
Análise Avançada: Bots podem analisar grandes volumes de dados em tempo real, identificando padrões e oportunidades que um humano pode não perceber.
Diversificação: Permitem a execução simultânea de várias estratégias em diferentes mercados, diversificando o risco.
Disponibilidade 24/7: Bots podem operar continuamente, sem interrupções, aproveitando oportunidades de mercado que surgem a qualquer hora do dia ou da noite.
Backtesting: Facilitam o teste de estratégias em dados históricos para avaliar a sua eficácia antes da implementação no mercado real.
Eficiência de Custos: Reduzem a necessidade de monitoramento constante, liberando tempo para outras atividades e potencialmente reduzindo custos operacionais.
Adaptação: Alguns bots podem ajustar suas estratégias com base em mudanças nas condições de mercado, mantendo a relevância da estratégia.
Minimização de Erros: Elimina a possibilidade de erros de digitação ou de execução que podem ocorrer em trades manuais.
Execução Rápida: São capazes de executar múltiplos trades em frações de segundo, aproveitando variações de preço momentâneas.
Disciplina: Mantêm a disciplina de trading ao seguir rigorosamente a estratégia definida, evitando decisões impulsivas.
Integração de Algoritmos Complexos: Permitem a utilização de algoritmos complexos que podem melhorar a performance de trading.
Acessibilidade: Tornam estratégias avançadas acessíveis a traders de todos os níveis de experiência, democratizando o trading algorítmico.
Benefícios Adicionais
Redução do Estresse: Automatizando o trading, os bots podem reduzir o estresse associado à tomada de decisões constantes no mercado.
Transparência: Facilitam a auditoria e o acompanhamento de cada trade executado, melhorando a transparência.
Personalização: Permitem a customização de estratégias de acordo com o perfil e objetivos do trader.
Oportunidades de Arbitragem: Identificam e exploram oportunidades de arbitragem com maior eficiência.
Melhoria Contínua: Com o uso de machine learning, alguns bots podem melhorar suas estratégias de forma contínua.
Usar um bot de trading pode proporcionar um equilíbrio eficiente entre automação e controle, permitindo que os investidores otimizem suas operações no mercado financeiro de forma mais segura e eficiente.
Se precisar de mais informações ou ajustes, estou aqui para ajudar! 😊
Algo mais que você gostaria de explorar ou outra dúvida?
BOT SOLANAUtilizar um bot no mercado financeiro pode oferecer diversas vantagens tanto para investidores iniciantes quanto para os mais experientes. Vou listar algumas dessas vantagens de forma clara e objetiva.
Vantagens de Usar um Bot de Trading
Automação: Um bot pode executar negociações automaticamente com base em parâmetros pré-definidos, economizando tempo e esforço.
Precisão: Bots seguem regras estritas e não são influenciados por emoções, reduzindo o risco de erros humanos.
Velocidade: Bots podem reagir instantaneamente a mudanças no mercado, garantindo que oportunidades de trading não sejam perdidas.
Consistência: Executam estratégias de forma consistente, sem desvios ou hesitações, garantindo a aplicação uniforme de sua estratégia.
Análise Avançada: Bots podem analisar grandes volumes de dados em tempo real, identificando padrões e oportunidades que um humano pode não perceber.
Diversificação: Permitem a execução simultânea de várias estratégias em diferentes mercados, diversificando o risco.
Disponibilidade 24/7: Bots podem operar continuamente, sem interrupções, aproveitando oportunidades de mercado que surgem a qualquer hora do dia ou da noite.
Backtesting: Facilitam o teste de estratégias em dados históricos para avaliar a sua eficácia antes da implementação no mercado real.
Eficiência de Custos: Reduzem a necessidade de monitoramento constante, liberando tempo para outras atividades e potencialmente reduzindo custos operacionais.
Adaptação: Alguns bots podem ajustar suas estratégias com base em mudanças nas condições de mercado, mantendo a relevância da estratégia.
Minimização de Erros: Elimina a possibilidade de erros de digitação ou de execução que podem ocorrer em trades manuais.
Execução Rápida: São capazes de executar múltiplos trades em frações de segundo, aproveitando variações de preço momentâneas.
Disciplina: Mantêm a disciplina de trading ao seguir rigorosamente a estratégia definida, evitando decisões impulsivas.
Integração de Algoritmos Complexos: Permitem a utilização de algoritmos complexos que podem melhorar a performance de trading.
Acessibilidade: Tornam estratégias avançadas acessíveis a traders de todos os níveis de experiência, democratizando o trading algorítmico.
Benefícios Adicionais
Redução do Estresse: Automatizando o trading, os bots podem reduzir o estresse associado à tomada de decisões constantes no mercado.
Transparência: Facilitam a auditoria e o acompanhamento de cada trade executado, melhorando a transparência.
Personalização: Permitem a customização de estratégias de acordo com o perfil e objetivos do trader.
Oportunidades de Arbitragem: Identificam e exploram oportunidades de arbitragem com maior eficiência.
Melhoria Contínua: Com o uso de machine learning, alguns bots podem melhorar suas estratégias de forma contínua.
Usar um bot de trading pode proporcionar um equilíbrio eficiente entre automação e controle, permitindo que os investidores otimizem suas operações no mercado financeiro de forma mais segura e eficiente.
Se precisar de mais informações ou ajustes, estou aqui para ajudar! 😊
Algo mais que você gostaria de explorar ou outra dúvida?