FxCanli CostaFxCanli Costa indicator draws all of the following with FxCanli Costa strategy
▪️ Market Structure
▪️ Up Trend with Green Lines
▪️ Down Trend with Red Lines
▪️ Imbalance(FVG)
▪️ Limit order Level
▪️ Entry Level
▪️ Stop Loss Level
▪️ Take Profit Level
******* Lets first understand about the FxCanli COSTA Strategy *******
Think that, we wait price to reverse from any level -
I call it PRZ (Potential Reversal Zone)
it can reverse in 2 type
Type 1 - it will reverse with 2 wave
Type 2 - it will reverse with 1 wave
⚫ What is PRZ (Potential Reversal Zone)?
Depends on your technical analysis, it can be any Harmonic Pattern level
or it can be Order block at Price action concept.
⚫ What is Imbalance (FVG)?
Fair Value Gaps are price jumps caused by imbalanced buying and selling pressures.
A bullish Fair Value Gap is created when there is a gap between the high of the first candle and the low of the third candle.
A bearish Fair Value Gap is created when there is a gap between the low of the first candle and the high of the third candle.
⚫ FxCanli Costa Strategy is starting now
At my trades, I always wait trend reversal ( Type1 or Type 2 , That I mention above)
for buy trades, I enter the trade below the break out candles
for sell trades, I enter the trade above the break out candles
⚫ Where to put stop loss and take profit?
Stop loss is always above/below swing High/Low
and take profit has to be at least 1/1 Risk/Reward ratio
******* What is FxCanli COSTA Indicator? *******
FxCanli Costa draws all these, depends on FxCanli Costa Strategy
🔴 Market Structure
▪️ Up Trend with Green Lines
▪️ Down Trend with Red Lines
🔴 Trade Levels
FxCanli Costa Indicator first draws Buy Limit level or Sell limit level on the chart
and when Price Reaced to that level it will show Entry / Stop Loss / Take Profit levels
it puts stop loss above/below swing High/Low
and it put Take profit depends on Risk/Reward ratio from inputs.
🔴 FILTERING
FxCanli Costa Indicator's input has got some filtering parts
With these filtering you will not enter all trades
For Example Fibonacci Filtering
it will only give entry signal of impulse's 0.618 and more fibonacci level
🔵 Others Filter are;
RSI Filtering - It will give entry signal, if only RSI is at Overbought or Oversold
EMA Filtering - It will give entry signal with the same direction of Exponential Moving Average
Imbalance Filtering - It will give entry signal, if there is FVG - Imbalance at the entry level
Thanks alot, wish you great trades
Indicatori e strategie
Strategy without indicators v11. General Script Strategy
The objective of this strategy is to open buy or sell orders every new hour based on:
Whether the previous candle closed high (buy) or low (sell).
The presence of tops and bottoms to avoid opening orders at times of possible reversals.
The strategy also allows the user to set a date range (start date and end date) to calculate profit, loss, percentage of gain and percentage of loss only in that period.
2. Initial Settings and Parameters
Start Date and End Date: The start_date and end_date variables define the date range to account for profits and losses. These dates can be adjusted by the user to view results in specific periods.
3. Conditions for Order Entry
At each time change, the script checks the conditions for buying or selling, using the following variables and logic:
Detection of Bullish or Bearish Candle:
bullish_candle: True if the previous candle closed high.
bearish_candle: True if the previous candle closed lower.
Analysis of Tops and Bottoms:
To avoid opening orders close to tops and bottoms, the script uses the function find_top_and_bottom(period), which analyzes the last 500 candles and identifies the highest value (top) and the lowest value (bottom).
The variables current_top and current_bottom store these values.
next_top and next_bottom indicate whether the current candle is close to a top (prevents buying) or a bottom (prevents selling).
4. Opening Orders (Buy and Sell)
At each time change, the script checks the conditions to open buy or sell orders:
Condition for Sell:
The sell order is opened if the previous candle was bullish (bullish_candle) and is not close to a top (not next_top).
If there is an open buy order, it is closed before the new sell order.
Buy Condition:
The buy order is opened if the previous candle was bearish (bearish_candle) and is not near a bottom (not_near_bottom).
If there is an open sell order, it is closed before the new buy order.
5. Calculating Profit and Loss
The profit and loss calculation is only done within the configured date range (start_date and end_date):
Profit and Loss:
total_profit and total_loss accumulate the profit and loss values of all operations during the defined period.
percentage_gain and percentage_loss calculate the percentage of gain and loss in relation to the initial capital.
6. Displaying Results on the Chart
The script displays on the chart, next to the candles, the information on Total Profit, Total Loss, % Gain and % Loss:
Strategy Summary
Setting the Date Range: Allows you to set the period for calculating profit and loss.
Previous Candlestick Analysis: Decide whether to buy or sell based on the previous candlestick.
Preventing Entries at Tops and Bottoms: Avoids buying at tops and selling at bottoms to reduce false signals.
Result Calculation: Accumulates profits, losses and percentages within the configured date range.
Results Display on Chart: Displays the configured statistics directly on the chart, next to the candlesticks.
1. Estratégia Geral do Script
O objetivo dessa estratégia é abrir ordens de compra ou venda a cada nova hora com base em:
Se a vela anterior fechou em alta (compra) ou em baixa (venda).
A presença de topos e fundos para evitar abrir ordens em momentos de possíveis reversões.
A estratégia também permite que o usuário configure um intervalo de datas (data inicial e data final) para calcular o lucro, perda, percentual de ganho e percentual de perda apenas nesse período.
2. Configurações e Parâmetros Iniciais
Data Inicial e Data Final: As variáveis data_inicial e data_final definem o intervalo de datas para contabilizar os lucros e perdas. Essas datas podem ser ajustadas pelo usuário para visualizar resultados em períodos específicos.
3. Condições para Entrada de Ordens
A cada mudança de hora, o script verifica as condições de compra ou venda, usando as seguintes variáveis e lógicas:
Detecção de Vela de Alta ou Baixa:
vela_de_alta: Verdadeiro se a vela anterior fechou em alta.
vela_de_baixa: Verdadeiro se a vela anterior fechou em baixa.
Análise de Topos e Fundos:
Para evitar abrir ordens próximas de topos e fundos, o script utiliza a função find_top_and_bottom(periodo), que analisa as últimas 500 velas e identifica o valor mais alto (topo) e o valor mais baixo (fundo).
As variáveis topo_atual e fundo_atual armazenam esses valores.
topo_proximo e fundo_proximo indicam se a vela atual está perto de um topo (evita compra) ou de um fundo (evita venda).
4. Abertura de Ordens (Compra e Venda)
A cada mudança de hora, o script verifica as condições para abrir ordens de compra ou venda:
Condição para Venda:
A ordem de venda é aberta se a vela anterior foi de alta (vela_de_alta) e não está perto de um topo (not topo_proximo).
Se houver uma ordem de compra aberta, ela é fechada antes da nova ordem de venda.
Condição para Compra:
A ordem de compra é aberta se a vela anterior foi de baixa (vela_de_baixa) e não está perto de um fundo (not fundo_proximo).
Se houver uma ordem de venda aberta, ela é fechada antes da nova ordem de compra.
5. Cálculo de Lucros e Perdas
O cálculo de lucro e perda só é feito dentro do intervalo de datas configurado (data_inicial e data_final):
Lucro e Perda:
lucro_total e perca_total acumulam os valores de lucro e perda de todas as operações durante o período definido.
percentual_ganho e percentual_perca calculam o percentual de ganho e perda em relação ao capital inicial.
6. Exibição dos Resultados no Gráfico
O script exibe no gráfico, próximo das velas, as informações de Lucro Total, Perda Total, % de Ganho e % de Perda:
Resumo da Estratégia
Configuração de Intervalo de Datas: Permite configurar o período para cálculo do lucro e da perda.
Análise de Vela Anterior: Decide se a ordem é de compra ou venda com base na vela anterior.
Prevenção de Entradas em Topos e Fundos: Evita compras em topos e vendas em fundos para reduzir sinais falsos.
Cálculo de Resultados: Acumula lucros, perdas e percentuais dentro do período de datas configurado.
Exibição dos Resultados no Gráfico: Exibe as estatísticas configuradas diretamente no gráfico, próximo das velas.
VWAPs [crlmx]VWAP indicator triple with daily weekly monthly averages and none of the gap connecting segment that hurt the eye
Institutional Order Finder (IOF) - Hidden Order Block LiteInstitutional Order Finder (IOF) - Hidden Order Blocks
Institutional Order Finder (IOF) Indicator: Detecting Breaker Blocks and Hidden Order Blocks (HOBs)
The Institutional Order Finder (IOF) Lite is designed to assist traders in identifying breaker blocks, also known as hidden order blocks (HOBs). The indicator helps identify untouched bodies within order blocks and offers comprehensive analysis of fair value gaps (FVGs) and order blocks based on engulfing candles. The method for detecting engulfing patterns is customizable (available in the Pro version).
Features of the Institutional Order Finder (IOF) Lite Indicator
The indicator detects breaker blocks and distinguishes between complete HOBs and partial HOBs (PHOBs). An HOB is created when the body of a candle, to the left of an engulfing candle, ideally fits through the fair value gaps without being touched by wicks. The indicator differentiates between:
HOB (Hidden Order Block): The body completely fits through the FVGs and is untouched by wicks, making it a strong and reliable breaker block.
PHOB (Partial Hidden Order Block): The body does not fully fit, but at least the equilibrium (50% level of the body left of the engulfing candle) is covered by the FVGs.
The minimum requirement for a “good” HOB is for the equilibrium to be crossed by the FVGs. This method provides a focused and high-quality view of the market structure.
Visualization and Market Structure Analysis
The Institutional Order Finder (IOF) displays order blocks as lines, with the equilibrium being a critical analysis point. Once the equilibrium is reached, the order block is considered invalid. In addition to HOBs and PHOBs, the indicator also displays fair value gaps, as well as invalidated order blocks (OBs) and breaker blocks (BBs). Understanding these invalidations is essential for interpreting market behavior and potential turning points. The line representation offers a cleaner view, making it easier to combine multiple timeframes and spot clusters.
Multi-Timeframe Analysis (MTF)
The Lite version allows analysis of up to three different timeframes, helping traders observe the relevance and strength of order blocks across different time periods. For each selected timeframe, not only confirmed order blocks are shown, but also “potential order blocks (OBs) and breaker blocks (BBs).” These blocks are currently forming and are not yet confirmed. Potential OBs and BBs can provide crucial insights into the current market structure, especially for traders who seek early signals.
Lite Version and Limitations
The Lite version of the Institutional Order Finder (IOF) indicator has certain limitations. It can display only up to three timeframes, offers fewer customization options, and focuses on basic analysis tools. Nonetheless, the Lite version is a powerful tool for gaining initial insights into the functionality of the MT Breaker Block indicator and improving understanding of market structure.
Why Use the Institutional Order Finder (IOF) Indicator?
The Lite indicator offers a precise way to analyze and visualize order blocks and breaker blocks. By focusing on identifying untouched bodies and the equilibrium, the indicator provides a unique perspective on market structure, often missing from traditional order block indicators. With its ability to conduct multi-timeframe analysis and identify potential order blocks in real time, the IOF Lite indicator offers a detailed understanding of potential price movements.
Special thanks to Moneytaur for inspiring the creation of this indicator.
Settings Overview
GENERAL SETTINGS
Historical order blocks: Enables the display of historical order blocks on the chart.
Order blocks: Activates the detection and display of order blocks (OB).
Show high quality breaker blocks: Displays only high-quality breaker blocks (BB) that meet strict criteria. The lines for high-quality BBs are twice as thick as regular lines.
ENGULFING
Please choose Engulfing engine: Choose the type of engulfing pattern used to detect order blocks (e.g., “Engulfing Strict” for stricter criteria).
MTF SETTINGS
Default timeframe: Sets the default timeframe for order block analysis when the multi-timeframe (MTF) mode is turned off.
Show MTF order blocks: Enables the display of order blocks from multiple timeframes.
Timeframe 1, Timeframe 2, Timeframe 3: Specify the individual timeframes for MTF analysis.
Activate Timeframe 1, Activate Timeframe 2, Activate Timeframe 3: Control which MTF timeframes are actively used in the analysis.
ORDER BLOCK SETTINGS
Order Block Filter Strategy: Choose a filtering strategy to display only the most relevant OBs.
Extend order blocks to the right: Extends order blocks to the right until they are invalidated.
Show timeframe as label: Displays the timeframe of the order block as a label on the chart.
Bearish OB, Bullish OB, Breaker Block, Old Order Blocks, Old BB-Blocks (and possible): Choose colors for different types of order blocks and breaker blocks for easier visual distinction.
Label text color: Sets the color of the text within labels.
Label background color: Defines the background color of the labels.
Line width: Specifies the thickness of the lines that represent order blocks.
Please choose style of lines / current timeframe, Please choose style of lines / alternative timeframe: Choose the style of lines (e.g., solid or dotted) for the current and alternative timeframes.
Timeframe label offset in bars from actual bar: Determines the offset of labels relative to the candles, improving visibility.
FAIR VALUE GAPS
Show Fair Value Gaps: Activates the detection and display of fair value gaps (FVG), highlighting potential liquidity gaps.
FILTER SETTINGS
Number of Previous Candles (Candle Pattern Strength): Specifies the number of previous candles to analyze to determine the strength of the candle pattern.
Candle Size Multiplier (Candle Pattern Strength): Sets a multiplier for the candle size within the pattern to emphasize stronger patterns.
RSI Period (RSI): Defines the period for the RSI indicator, used to analyze overbought/oversold conditions.
Overbought Level (RSI), Oversold Level (RSI): Sets the RSI threshold values to identify potential trend reversal points.
Minimum Volume (Volume): Specifies the minimum volume that must be reached to validate order blocks and breaker blocks.
This guide provides a comprehensive breakdown of the Institutional Order Finder (IOF) Lite Indicator settings, allowing you to customize and maximize the indicator’s functionality for optimal trading insights.
COIN/ETH RatioThis TradingView indicator calculates and visualizes the ratio between Coinbase's stock price (COIN) and Ethereum's price (ETH) to help traders compare Coinbase's performance relative to Ethereum over time. This can be useful for those interested in understanding correlations or relative strength between a traditional crypto exchange stock and a major cryptocurrency.
PΞCKΞR All-In-One (PECKER AIO)The PΞCKΞR All-In-One (PECKER AIO) indicator offers traders a comprehensive tool for technical analysis, blending various features into a single indicator. It integrates essential analytical tools such as RSI, Moving Averages, divergence detection, and multiple EMA overlays.
RSI in-chart divergences:
Identify both regular and hidden bullish/bearish divergences to anticipate potential market swings.
Visually overlay divergences directly on the chart for quick recognition.
Moving Averages:
Choose from SMA, EMA, or SMMA.
Adjustable lengths to suit different trading strategies.
Multi-Timeframe EMAs:
No matter which time-frame you are looking at, display 4-hour, daily, weekly, and more EMA levels to track critical trend changes across different timeframes.
Fully customizable with color, length, and line width options.
Price Level Markers:
Annote key price points such as daily, weekly, monthly opens, highs, lows, and mid-levels.
Monday range (High - 0.5 - Low) also included.
Adaptable to right-anchored or standard display styles to match user preferences.
This all-encompassing indicator is designed to suit both day traders and long-term strategists, providing a detailed yet straightforward approach to chart analysis.
Profit Hunter The Tower of Data指標用途 / Purpose of the Indicator
本指標旨在綜合監測加密貨幣市場的狀況。透過分析比特幣與以太坊的市值佔比、穩定幣市場比率、歷史最高點距離（ATH）及波動性指標（ATR），交易者可以獲取市場動態、評估風險以及尋找潛在的交易機會。
English: This indicator aims to provide a comprehensive monitoring of the cryptocurrency market conditions. By analyzing the market dominance of Bitcoin and Ethereum, the stablecoin market ratio, distance to all-time high (ATH), and volatility indicator (ATR), traders can gain insights into market dynamics, assess risks, and identify potential trading opportunities.
指標依據 / Basis of the Indicator
1. 市值佔比：計算比特幣和以太坊在總市場中的佔比，幫助判斷主流加密貨幣的市場情緒。
2. 穩定幣比率：評估比特幣市值與穩定幣總市值的比例，反映資金在風險資產和穩定幣之間的流動情況.
3. 歷史最高點距離（ATH）：顯示當前價格距離歷史最高價的百分比，幫助識別潛在的市場頂部或底部。
4. ATR 波動性指標：使用平均真實範圍（ATR）來測量市場的波動性，為風險管理提供參考。
1. Market Dominance: Calculates the market share of Bitcoin and Ethereum in the total market, helping to assess the market sentiment of major cryptocurrencies. 2. Stablecoin Ratio: Assesses the ratio of Bitcoin's market cap to the total market cap of stablecoins, reflecting the flow of funds between risk assets and stablecoins. 3. Distance to All-Time High (ATH): Displays the percentage distance from the current price to the historical peak, helping to identify potential market tops or bottoms. 4. ATR Volatility Indicator: Uses Average True Range (ATR) to measure market volatility, providing a reference for risk management.
數值大小含意及操作建議 / Value Interpretation and Trading Suggestions
1. 市值佔比：> 60% 顯示市場對比特幣和以太坊的信心較高，適合進行長期持有或交易；< 60% 可能表示資金流出，需謹慎觀察市場情緒。
2. 穩定幣比率：>800% 表明市場對比特幣的信心強，適宜進場交易；< 800% 反映市場對穩定幣的需求增加，建議觀望
3. ATH 距離：正值顯示當前價格低於歷史最高點，可能存在回升機會；負值則表示當前價格高於歷史最高點，需謹慎進場。
4. ATR 波動性指標：1-30 分 市場波動性低，適合穩健操作；31-70 分 市場波動性中等，需注意潛在風險；71-99 分 市場波動性高，建議減少倉位或觀望。
1. Market Dominance: > 60% indicates high confidence in Bitcoin and Ethereum, suitable for long-term holding or trading; < 60% may indicate capital outflow, caution is advised. 2. Stablecoin Ratio: > 700% suggests strong confidence in Bitcoin, suitable for entering trades; < 700% reflects increased demand for stablecoins, suggesting a watchful approach. 3. Distance to All-Time High (ATH): Positive values indicate the current price is below the historical peak, presenting a potential rebound opportunity; negative values indicate the current price is above the historical peak, caution is advised. 4. ATR Volatility Indicator: 1-30 Points indicates low market volatility, suitable for stable operations; 31-70 Points indicates moderate market volatility, watch for potential risks; 71-99 Points indicates high market volatility, recommend reducing positions or adopting a wait-and-see approach. \72\72\72
Long-Term Pivot and Golden Crossover Strategy//@version=5
strategy("Long-Term Pivot and Golden Crossover Strategy", overlay=true)
// Input for moving averages
shortTerm = input.int(100, title="Short-term SMA Period") // 100-period SMA
longTerm = input.int(200, title="Long-term SMA Period") // 200-period SMA
// Calculate moving averages
sma100 = ta.sma(close, shortTerm)
sma200 = ta.sma(close, longTerm)
// Golden crossover: when short-term SMA crosses above long-term SMA
goldenCrossover = ta.crossover(sma100, sma200)
// Calculate daily pivot points (traditional formula)
pivot = (high + low + close) / 3
support1 = pivot - (high - low)
resistance1 = pivot + (high - low)
support2 = pivot - 2 * (high - low)
resistance2 = pivot + 2 * (high - low)
// Plot SMAs and pivot points on the chart
plot(sma100, color=color.blue, title="100-period SMA", linewidth=2)
plot(sma200, color=color.red, title="200-period SMA", linewidth=2)
plot(pivot, color=color.purple, title="Pivot Point", linewidth=2)
plot(support1, color=color.green, title="Support 1", linewidth=1)
plot(resistance1, color=color.green, title="Resistance 1", linewidth=1)
plot(support2, color=color.green, title="Support 2", linewidth=1)
plot(resistance2, color=color.green, title="Resistance 2", linewidth=1)
// Entry Condition: Golden crossover with price above the pivot point
longCondition = goldenCrossover and close > pivot
// Exit Condition: You can use a stop-loss and take-profit, or a bearish crossover
stopLossPercent = input.float(3, title="Stop Loss (%)") / 100 // Wider stop loss for long-term trades
takeProfitPercent = input.float(10, title="Take Profit (%)") / 100 // Higher take profit for long-term trades
// Calculate stop-loss and take-profit prices
longStopLoss = close * (1 - stopLossPercent)
longTakeProfit = close * (1 + takeProfitPercent)
// Execute strategy
if (longCondition)
strategy.entry("Long", strategy.long, stop=longStopLoss, limit=longTakeProfit)
// Optional: Exit strategy based on a bearish crossover
exitCondition = ta.crossunder(sma100, sma200)
if (exitCondition)
strategy.close("Long")
// Strategy exit with custom stop loss and take profit
strategy.exit("Take Profit/Stop Loss", from_entry="Long", stop=longStopLoss, limit=longTakeProfit)
Profit Hunter The Tower of Data指標用途 / Purpose of the Indicator
中文：本指標旨在綜合監測加密貨幣市場的狀況。透過分析比特幣與以太坊的市值佔比、穩定幣市場比率、歷史最高點距離（ATH）及波動性指標（ATR），交易者可以獲取市場動態、評估風險以及尋找潛在的交易機會。
English: This indicator aims to provide a comprehensive monitoring of the cryptocurrency market conditions. By analyzing the market dominance of Bitcoin and Ethereum, the stablecoin market ratio, distance to all-time high (ATH), and volatility indicator (ATR), traders can gain insights into market dynamics, assess risks, and identify potential trading opportunities.
指標依據 / Basis of the Indicator
中文：1. 市值佔比：計算比特幣和以太坊在總市場中的佔比，幫助判斷主流加密貨幣的市場情緒。 2. 穩定幣比率：評估比特幣市值與穩定幣總市值的比例，反映資金在風險資產和穩定幣之間的流動情況。 3. 歷史最高點距離（ATH）：顯示當前價格距離歷史最高價的百分比，幫助識別潛在的市場頂部或底部。 4. ATR 波動性指標：使用平均真實範圍（ATR）來測量市場的波動性，為風險管理提供參考。
English: 1. Market Dominance: Calculates the market share of Bitcoin and Ethereum in the total market, helping to assess the market sentiment of major cryptocurrencies. 2. Stablecoin Ratio: Assesses the ratio of Bitcoin's market cap to the total market cap of stablecoins, reflecting the flow of funds between risk assets and stablecoins. 3. Distance to All-Time High (ATH): Displays the percentage distance from the current price to the historical peak, helping to identify potential market tops or bottoms. 4. ATR Volatility Indicator: Uses Average True Range (ATR) to measure market volatility, providing a reference for risk management.
數值大小含意及操作建議 / Value Interpretation and Trading Suggestions
中文：1. 市值佔比：> 60% 顯示市場對比特幣和以太坊的信心較高，適合進行長期持有或交易；< 60% 可能表示資金流出，需謹慎觀察市場情緒。 2. 穩定幣比率：> 700% 表明市場對比特幣的信心強，適宜進場交易；< 700% 反映市場對穩定幣的需求增加，建議觀望。 3. ATH 距離：正值顯示當前價格低於歷史最高點，可能存在回升機會；負值則表示當前價格高於歷史最高點，需謹慎進場。 4. ATR 波動性指標：1-30 分 市場波動性低，適合穩健操作；31-70 分 市場波動性中等，需注意潛在風險；71-99 分 市場波動性高，建議減少倉位或觀望。
English: 1. Market Dominance: > 60% indicates high confidence in Bitcoin and Ethereum, suitable for long-term holding or trading; < 60% may indicate capital outflow, caution is advised. 2. Stablecoin Ratio: > 700% suggests strong confidence in Bitcoin, suitable for entering trades; < 700% reflects increased demand for stablecoins, suggesting a watchful approach. 3. Distance to All-Time High (ATH): Positive values indicate the current price is below the historical peak, presenting a potential rebound opportunity; negative values indicate the current price is above the historical peak, caution is advised. 4. ATR Volatility Indicator: 1-30 Points indicates low market volatility, suitable for stable operations; 31-70 Points indicates moderate market volatility, watch for potential risks; 71-99 Points indicates high market volatility, recommend reducing positions or adopting a wait-and-see approach.
Brono MacroThis indicator, developed by someone (satz) helps identify macro market trends and potential reversal points by aligning with Institutional Order Flow. It provides visual markers for key timeframes and allows traders to better time entries and exits based on larger market movements. Perfect for traders using ICT (Inner Circle Trader) concepts, it highlights critical time periods on the chart, enabling a strategic approach to trading major market trends.
Custom AO with Open Difference**Custom AO with Open Difference Indicator**
This indicator, *Custom AO with Open Difference*, is designed to help confirm trend direction based on the relationship between the daily open price and recent 4-hour open prices. It calculates the Awesome Oscillator (AO) based on the difference between the daily open price and the average of the previous six 4-hour open prices. This approach provides insight into whether the current open price is significantly diverging from recent short-term opens, which can indicate a trend shift or continuation.
### Technical Analysis and Features
1. **Trend Confirmation**: By comparing the daily open with the mean of six previous 4-hour open prices, this indicator helps identify trends. When the current daily open is below the average of recent opens, the AO value will plot as green, signaling potential upward momentum. Conversely, if the daily open is above the recent average, the histogram will plot red, suggesting possible downward momentum.
2. **Non-Repainting**: Since it relies on completed 4-hour and daily open prices, this indicator does not repaint, ensuring that all values remain fixed after the close of each period. This non-repainting feature makes it suitable for backtesting and reliable for trend confirmation without fear of historical changes.
3. **AO Mean Calculation**: The indicator calculates the average of six previous 4-hour open prices, providing a smoothed value to reduce short-term noise. This helps in identifying meaningful deviations, making the AO values a more stable basis for trend determination than using just the latest 4-hour or daily open.
4. **Histogram for Visual Clarity**: The indicator is displayed as a histogram, making it easy to identify trend changes visually. If the AO bar turns green, it’s a signal that the 4-hour average is below the daily open, suggesting an uptrend or bullish momentum. Red bars indicate that the daily open is above the recent 4-hour averages, potentially signaling a downtrend or bearish momentum.
### Practical Application
The *Custom AO with Open Difference* is a versatile tool for confirming the open price trend without needing complex oscillators or lagging indicators. Traders can use this tool to gauge the market sentiment by observing open price variations and use it as a foundation for decision-making in both short-term and daily timeframes. Its non-repainting nature adds reliability for traders using this indicator as part of a broader trading strategy.
Voltron + DVOL/UVOL Combined IndicatorCombinations of my technical analysis and some general market exhaustion
Multi VWAPs (Daily Weekly Monthly Yearly)This indicator calculates VWAP for daily, weekly, monthly, and yearly timeframes, which can be toggled on/off in the settings.
Each VWAP (Daily, Weekly, Monthly, and Yearly) is plotted with a different color for easy distinction:
Daily VWAP: Blue
Weekly VWAP: Green
Monthly VWAP: Purple
Yearly VWAP: Red
BRD Simple Moving Averages (12, 22, 55, 100, 200)Simple and clean moving averages. Easy to change the 5 values to your own in the script editor.
52-Week Low Buy-High Sell StrategyThis strategy can be used to test how much profit you would make on a script if you invest at 52 Week Low and Sell at 52 week high previous to the 52 week low.
[TT] Delta Based Support & Resistance Before Getting to the Indicator Concept, You need to understand What delta is.
For simple yet accurate understanding lets say the difference between Buyers and sellers is called delta. In a given time frame like 15mins for example, if we have 100 buyers and 75 sellers, delta will be 25, positive number indicates the buyers are dominating that particular candle. The volume of this candle will be 175, where delta indicates who dominated by just showing 25. We are literally following the volume, or in simple words the directional volume.
Now we all know that market is moved by Buyers and sellers and not by price alone. In that case why are we depending on indicators that are moved by close price which can be manipulated in real time. There is only one element in the market that cannot be manipulated and that is volume. We are using that Delta to determine our Direction and trend.
Note : Please wait for the candle to close and Level to form and only then enter on a retest of the level.
Usage of this Indicator.
in the following pictures one can see this indicator on NSE:BANKNIFTY And NSE:NIFTY , India's most Liquidity IDX and accuracy of our indicator.
Once the Buyers dominate the market after consolidation a support is formed and when sellers dominate a resistance is formed.
NSE:NIFTY 5Mins
Nifty50 1Hr
NSE:BANKNIFTY 1Hr
BANKNIFTY 5Min
BANKNIFTY 5Min
One can Use this in any Entity with volume like Commodities and Forex but do understand that forex have different exchange and different brokers and volume so be ware while working with such. following are the Forex and BTC and Gold
BITSTAMP:BTCUSD 1Hr
FXOPEN:XAUUSD 1Hr
4Hrs
This will help You get confirmation for Many other strategies. Always remember one thing, don't search for the trade let the trade come to you. Trade only when you see a perfect confirmation.
TRADE ENTRY
Enter in a trade when the price gets back in to the level Look at the following Chart in any timeframe.
For any Explanation you can contact me in Tradingview.
Note: CVD Calculation taken from Tradingview
Sumit Infusion-ndpDarvas with pivot. This script allows user to vies darvas box with ema distance and pivot .
ATAMOKU - Ichimoku-Based Independent Scoring System
Name Origin of ATAMOKU:
The name ATAMOKU combines "Ata" (which means "I existed" in Japanese and "ancestor or father" in Turkish, which is also my name) and "Moku," meaning "cloud" in Japanese. This name reflects a unique scoring system based on Ichimoku principles, designed to help traders analyze trends and identify entry and exit points more accurately.
Scoring System Overview:
ATAMOKU leverages key Ichimoku values, including the Conversion Line, Base Line, and Leading Spans A and B. By applying mathematical functions and formulas, these values are used to generate a comprehensive score that indicates market strength and trend direction. This scoring system works independently of the price position relative to the Ichimoku cloud, allowing traders to identify potential entry and exit points in any time frame.
Signal and Smoothing Lines:
The script includes signal and smoothed lines that display signals continuously and can be customized with different smoothing techniques such as SMA, EMA, and WMA. These lines visually highlight entry and exit points, adapting to the trader's individual strategy.
Settings and Customization:
ATAMOKU offers several customization options to suit various trading preferences:
Scoring Method:
The scoring system uses hierarchical comparisons of Ichimoku values, with configurable weights for each comparison.
Smoothing Techniques:
Users can choose from several smoothing methods (SMA, EMA, WMA) to adjust signal sensitivity, allowing traders to fine-tune the display according to their preferred trading style.
Period Adjustments:
Options for adjusting the period of the scoring and smoothing calculations are provided to accommodate different time frames and trading strategies.
Display and Visualization:
ATAMOKU presents the data using a histogram and line chart format, enabling traders to observe trends and potential entry and exit points quickly and clearly.
Key Features:
Flexibility Across Time Frames, usable on any time frame without restriction.
Independent Cloud Position Scoring, Generates signals and identifies entry and exit points independently of the price position relative to the cloud.
Multi-Dimensional Analysis, Analyzes various Ichimoku data points and uses mathematical functions to offer traders a comprehensive market view.
Support and Contact:
For further information, customization questions, or support, please feel free to reach out via Private Message on TradingView. If you have a Premium account, additional contact details can also be included in the Signature field below.
Cloud [BRTLab]🔍 Overview
BRTLab Cloud is a powerful indicator designed to provide traders with a precise view of market trends and potential reversal points by combining an adapted Cloud similar to Ichimoku with custom mathematical logic. This indicator not only highlights trend direction and support/resistance zones but also integrates a Trend Reversal Signal (based on BRTLab Wave Hunter logic) to identify possible turning points, as well as a custom RSI to help spot entry opportunities within the cloud. It’s an effective tool for assessing both current trends and potential reversal points, while factoring in market uncertainty.
🔑 Key Features & Parameters
The BRTLab Cloud indicator operates similarly to the Ichimoku Cloud, but with an adapted trend-detection logic to provide more accurate signals. The primary methodology of the script is to determine the market trend using the Cloud, and then identify potential entry points based on signals derived from reversal points, overbought and oversold conditions using a custom RSI oscillator.
To enhance the versatility of the indicator, several filtering components are integrated, allowing users to tailor the signals to their specific trading styles:
Uncertainty Zones: The script features a unique uncertainty filter, which is visually represented by bars colored in orange on the chart. These zones highlight periods when the trend direction indicated by the Cloud might be changing, alerting the user to potential risks and advising caution before entering trades.
Cloud Width Filtering: A cloud width filter helps eliminate signals during weak trends, ensuring that only well-formed trends are considered for trading, which reduces the likelihood of acting on unreliable signals.
Trend Reversal Signal: The Trend Reversal Signal serves as a predictor for potential trend changes. It provides a signal marked with the symbol "↺" on the chart, indicating that a trend change is likely, and that the Cloud may soon shift direction. After this signal appears, continuing to trade with the current trend may be risky due to the potential reversal.
Key adjustable parameters include:
Cloud Timeframe: This setting allows the user to choose the timeframe for displaying the Cloud, either on the current timeframe or higher timeframes. Higher timeframes provide more stable and reliable trend directions, making this setting essential for adapting the indicator to different strategies.
Minimum Cloud Width (%): This parameter sets the minimum cloud width in percentage to filter out weak signals. By excluding signals on narrow clouds, the trader ensures that only significant trends are considered.
Signal Sensitivity: This adjusts the strength of the buy and sell signals generated by the custom RSI oscillator. A higher sensitivity value leads to stronger signals, which are ideal for traders seeking more decisive entry points.
Uncertainty Sensitivity: This setting helps define the "zone of uncertainty" on the chart, signaling potential reversals or areas where the trend may shift. A lower value makes the indicator more sensitive to uncertainty, potentially reducing the number of entries in risky conditions and filtering out unreliable signals.
Potential Take-Profit: This optional feature allows the user to display potential exit points based on the indicator's trend analysis. It provides an additional layer of guidance for setting targets and managing exits.
Among these settings, Cloud Timeframe, Signal Sensitivity, and Uncertainty Sensitivity offer the most flexibility, allowing users to adjust the script to match their preferred trading style:
The parameters Cloud Timeframe, Signal Sensitivity, and Uncertainty Sensitivity offer flexibility, with Cloud Timeframe providing stable trend direction from higher timeframes and Signal Sensitivity adjusting entry signal strength. The Uncertainty Sensitivity parameter filters high-risk areas, reducing potential entries by identifying trend ambiguity on the chart.
⚙️ Signals & Logic
The BRTLab Cloud indicator generates buy and sell signals based on a combination of cloud settings, custom RSI values, and uncertainty filters. The signal logic is designed to identify clear and reliable entry points, ensuring the trader can act with confidence. Here's how the signals work:
Long Signals (Buy): When the cloud is colored blue (indicating an uptrend), the custom RSI indicates a potential reversal within the cloud, and the uncertainty filter does not signal a risk zone, the indicator generates a buy signal. Additionally, the cloud width must meet the minimum percentage set in the "Minimum Cloud Width (%)" setting, which helps to exclude weak signals from narrow clouds, ensuring only strong trends are considered.
Short Signals (Sell): When the cloud is colored red (indicating a downtrend), the custom RSI signals a potential reversal inside the cloud, and the uncertainty filter does not indicate a risk zone, the indicator generates a sell signal. Similarly, the cloud width must match the minimum setting in "Minimum Cloud Width (%)", which filters out weak signals from narrow clouds.
Uncertainty Filter: The uncertainty filter plays a key role in ensuring that signals are reliable. If the uncertainty filter detects a risk zone (highlighted by orange-colored bars on the chart), the signal is considered less reliable, and traders are advised to be cautious. This feature significantly reduces the chances of acting on false signals.
Visualization: When a buy or sell signal is triggered, the indicator provides clear visual cues such as arrows or symbols on the chart to help the trader easily identify the signal. These visual cues are accompanied by the respective cloud color (blue for uptrend, red for downtrend), making it easy for traders to interpret the market direction at a glance.
🌟 Why it's Unique
The BRTLab Cloud indicator is based on a cloud system similar to the Ichimoku Cloud, but with several unique enhancements that significantly improve trend analysis and reversal detection:
Combination of Ichimoku Cloud and Trend Reversal Detection: The indicator incorporates a modified mathematical logic for more accurate detection of trend reversal points. This enhanced logic makes it more effective at spotting reversals compared to traditional methods. Additionally, the indicator provides a clear display of trends from higher timeframes without repainting, allowing traders to rely on more stable and reliable trend data, which is particularly useful for multi-timeframe analysis.
Unique Cloud Width Filtering: The "Minimum Cloud Width (%)" setting ensures that only strong trends trigger buy or sell signals, filtering out weak signals from narrow clouds. A wider cloud indicates a more established and reliable trend, providing further confidence in the trade direction.
Custom RSI Signal Sensitivity: The custom RSI has been optimized for more accurate entry and exit points across different trend phases. The "Signal Sensitivity" setting allows traders to adjust the indicator based on current market conditions, making it adaptable to both volatile and stable market environments. This helps to identify trend reversals with greater precision.
Enhanced Visualization: The indicator offers flexible visualization options, including gradient cloud styles and extremum zones, which aid in confirming key levels. These features enhance the trader’s ability to interpret market conditions and make informed decisions about entry and exit points.
🔶 Application of the Indicator
Example Usage:
Trading with BRTLab Cloud involves taking trend signals within the cloud. Long and short signals occur when the price reaches significant levels in the cloud, filtered by "Signal Sensitivity," "Uncertainty Sensitivity," and "Minimum Cloud Width (%)" settings. These features allow traders to determine optimal entry and exit points by signaling potential reversals while factoring in market uncertainty.
✅ Conclusion
BRTLab Cloud is a versatile and advanced tool for trend and reversal analysis, blending Ichimoku-style cloud methodology, Trend Reversal Signals (based on BRTLab Wave Hunter logic), and a custom RSI to deliver accurate entry and exit points. This indicator suits both short- and long-term trading strategies, providing precise signals that help minimize risk, particularly in uncertain market conditions.
⚠️ Risk Disclaimer
Trading involves significant risk, and most day traders experience losses. All content, tools, scripts, articles, and educational materials provided by BRTLab are solely for informational and educational purposes. Past performance does not guarantee future results.
Systematic Investment Tracker with Enhanced Features DCATürkçe Açıklama:
Bu TradingView Pine Script kodu, belirlenen tarih aralığında iki farklı yatırım stratejisi uygulayarak yatırım performansını analiz etmeyi sağlar. Kullanıcı, "Sürekli Alım" ve "Düştükçe Alım" stratejileri arasında bir karşılaştırma yapabilir. Her stratejide, toplam harcama, elde edilen miktar, ortalama maliyet ve kâr yüzdesi hesaplanır. Kod ayrıca dinamik alım miktarını ayarlama ve grafiksel işaretleyiciler ekleme özelliklerine sahiptir. Performans karşılaştırması için grafik üzerinde bilgi etiketi ve bir tablo sunulur. İki dil arasında geçiş yapma (Türkçe/İngilizce) seçeneği de mevcuttur.
English Description:
This TradingView Pine Script code enables users to analyze investment performance by applying two different investment strategies within a specified date range. Users can compare between "Systematic Purchase" and "Purchase on Decline" strategies. For each strategy, total expenditure, quantity acquired, average cost, and profit percentage are calculated. The script includes options for dynamic purchase adjustment and graphical markers. A performance comparison is presented through an info label and a table on the chart. Additionally, there is an option to switch between English and Turkish languages.
