Bollinger Bands Reversal + IBS Strategy█ STRATEGY DESCRIPTION
The "Bollinger Bands Reversal Strategy" is a mean-reversion strategy designed to identify potential buying opportunities when the price deviates below the lower Bollinger Band and the Internal Bar Strength (IBS) indicates oversold conditions. It enters a long position when specific conditions are met and exits when the IBS indicates overbought conditions. This strategy is suitable for use on various timeframes.
█ WHAT ARE BOLLINGER BANDS?
Bollinger Bands consist of three lines:
- **Basis**: A Simple Moving Average (SMA) of the price over a specified period.
- **Upper Band**: The basis plus a multiple of the standard deviation of the price.
- **Lower Band**: The basis minus a multiple of the standard deviation of the price.
Bollinger Bands help identify periods of high volatility and potential reversal points.
█ WHAT IS INTERNAL BAR STRENGTH (IBS)?
Internal Bar Strength (IBS) is a measure of where the closing price is relative to the high and low of the bar. It is calculated as:
IBS = (Close - Low) / (High - Low)
A low IBS value (e.g., below 0.2) indicates that the close is near the low of the bar, suggesting oversold conditions. A high IBS value (e.g., above 0.8) indicates that the close is near the high of the bar, suggesting overbought conditions.
█ SIGNAL GENERATION
1. LONG ENTRY
A Buy Signal is triggered when:
The IBS value is below 0.2, indicating oversold conditions.
The close price is below the lower Bollinger Band.
The signal occurs within the specified time window (between `Start Time` and `End Time`).
2. EXIT CONDITION
A Sell Signal is generated when the IBS value exceeds 0.8, indicating overbought conditions. This prompts the strategy to exit the position.
█ ADDITIONAL SETTINGS
Length: The lookback period for calculating the Bollinger Bands. Default is 20.
Multiplier: The number of standard deviations used to calculate the upper and lower Bollinger Bands. Default is 2.0.
Start Time and End Time: The time window during which the strategy is allowed to execute trades.
█ PERFORMANCE OVERVIEW
This strategy is designed for mean-reverting markets and performs best when the price frequently deviates from the Bollinger Bands.
It is sensitive to oversold and overbought conditions, as indicated by the IBS, which helps to identify potential reversals.
Backtesting results should be analyzed to optimize the Length and Multiplier parameters for specific instruments.
Indicatori e strategie
Consecutive Bearish Candle Strategy█ STRATEGY DESCRIPTION
The "Consecutive Bearish Candle Strategy" is a momentum-based strategy designed to identify potential reversals after a sustained bearish move. It enters a long position when a specific number of consecutive bearish candles occur and exits when the price shows strength by exceeding the previous bar's high. This strategy is optimized for use on various timeframes and instruments.
█ SIGNAL GENERATION
1. LONG ENTRY
A Buy Signal is triggered when:
The close price has been lower than the previous close for at least `Lookback` consecutive bars. This indicates a sustained bearish move, suggesting a potential reversal.
The signal occurs within the specified time window (between `Start Time` and `End Time`).
2. EXIT CONDITION
A Sell Signal is generated when the current closing price exceeds the high of the previous bar (`close > high `). This indicates that the price has shown strength, potentially confirming the reversal and prompting the strategy to exit the position.
█ ADDITIONAL SETTINGS
Lookback: The number of consecutive bearish bars required to trigger a Buy Signal. Default is 3.
Start Time and End Time: The time window during which the strategy is allowed to execute trades.
█ PERFORMANCE OVERVIEW
This strategy is designed for markets with frequent momentum shifts.
It performs best in volatile conditions where price movements are significant.
Backtesting results should be analysed to optimize the `Lookback` parameter for specific instruments.
DMI Strategy█ STRATEGY DESCRIPTION
The "DMI Strategy" is a trend-following strategy that uses the Directional Movement Index (DMI) and a 200-period Exponential Moving Average (EMA) to identify potential long entries. It enters a long position when specific conditions are met and exits when the Relative Strength Index (RSI) indicates overbought conditions. This strategy is designed for use on daily or higher timeframes.
█ WHAT IS THE DMI?
The Directional Movement Index (DMI) consists of three components:
- **DI+ (Plus Directional Indicator)**: Measures upward trend strength.
- **DI- (Minus Directional Indicator)**: Measures downward trend strength.
- **ADX (Average Directional Index)**: Measures overall trend strength, regardless of direction.
In this strategy, only the DI+ and DI- components are used to identify potential entry signals.
█ SIGNAL GENERATION
1. LONG ENTRY
A Buy Signal is triggered when:
The DI+ value is less than 5, indicating weak upward momentum.
The close price is above the 200-period EMA, confirming a bullish trend.
The signal occurs within the specified time window (between `Start Time` and `End Time`).
2. EXIT CONDITION
A Sell Signal is generated when the 2-period RSI exceeds 65, indicating overbought conditions. This prompts the strategy to exit the position.
█ ADDITIONAL SETTINGS
DI Length: The lookback period for calculating the DMI components. Default is 3.
Start Time and End Time: The time window during which the strategy is allowed to execute trades.
█ PERFORMANCE OVERVIEW
This strategy is designed for trending markets and performs best when the price is above the 200-period EMA.
It is sensitive to overbought conditions, as indicated by the RSI, which helps to lock in profits.
Backtesting results should be analysed to optimize the DI Length and RSI parameters for specific instruments.
Highlight Nearly Doji Candles Highlight Nearly Doji Candles
Drawing a channel from two crosses and the high/low often results in the channel lines and their midline acting as reliable resistance and support levels."
十字線2つと高値/安値からチャンネルを引くと、チャンネルラインとその中央線はレジスタンス/サポートラインになることが多い
JAHMUDOS 1Description
This indicator helps identify **trend reversals** and displays the next **Fibonacci levels**. It provides precise **entry signals** for the perfect entry point into a new trend, based on key market analysis and Fibonacci retracements.
**Features**:
- **Identify trend reversals**
- **Display Fibonacci levels**
- **Find optimal entry points**
**Benefits**:
- Increased accuracy in spotting turning points.
- Easy to use
**Recommended Use**: Ideal for swing traders and position traders.
Momentum Breakout StrategyDarshan yeh wali strategy hai apni
The strategy aims to capitalize on momentum and breakout conditions in the market by using a combination of technical indicators for entry and exit. It incorporates trend-following and mean-reversion principles with robust risk management.
Multi-Timeframe RSI AlertsSteps to Use:
Copy and paste the script into the Pine Script Editor in TradingView.
Save the script and add it to your chart.
Set up alerts:
Go to the Alerts tab in TradingView.
Create a new alert and select this script.
Choose Any alert() function call as the condition.
Flipstet ATR LoganFlipstet ATR Logan 입니다.
Flipstet ATR LoganFlipstet ATR LoganFlipstet ATR LoganFlipstet ATR Logan
TRENDSYNC BUY/SELL BY SIMPLY_DANTE-FXTrendSync Buy and Sell Indicator
PS: Kindly give me feedback on the comment section, I will really appriciate
Created By: Simply_Dante-FX
About the Author:
Simply_Dante-FX is a skilled trader and developer with a focus on creating custom indicators and strategies for technical analysis. With a strong understanding of market behavior, he has designed the TrendSync Buy and Sell indicator to help traders identify high-probability buy and sell signals based on a combination of trend-following, momentum, and price action strategies. Simply_Dante-FX aims to provide tools that enhance trading decisions and improve the overall trading experience.
---
Description:
The TrendSync Buy and Sell indicator is designed to help traders identify potential buy and sell signals based on a combination of trend-following and momentum-based strategies. This custom indicator combines a range of technical tools, including the Simple Moving Average (SMA), Average True Range (ATR), and the Relative Strength Index (RSI), to filter and confirm entry points.
---
How It Works:
1. Trend Identification (SMA):
- The indicator uses the 200-period Simple Moving Average (SMA) to determine the overall trend direction.
- A Buy Signal is generated when the price is above the SMA, indicating an uptrend.
- A Sell Signal is generated when the price is below the SMA, indicating a downtrend.
2. Range Filtering (ATR):
- The Average True Range (ATR) is used to filter out signals that occur during periods of low volatility.
- The ATR is multiplied by a user-defined range filter multiplier (default is 1.2) to ensure the signal is coming from a sufficiently volatile market condition.
3. Momentum Confirmation (RSI):
- The RSI is used as a momentum filter. For Buy Signals, the RSI must be above the user-defined threshold (default is 50), indicating bullish momentum.
- For Sell Signals, the RSI must be below the opposite threshold (100 - RSI Threshold), indicating bearish momentum.
4.Price Action Conditions:
- Buy and Sell signals are further confirmed by price action:
- Buy Signal: Identifies higher lows during an uptrend.
- Sell Signal: Identifies higher highs during an uptrend, or lower highs in a downtrend.
5. Unified Signal:
- The script combines the various conditions to generate a unified signal, ensuring that only high-probability trade opportunities are highlighted.
How to Use It:
1.Buy Signal: Look for a green label below the bar, which indicates a potential buying opportunity. This signal is generated when:
- The price is above the 200-period SMA (uptrend).
- The RSI is above the defined threshold (momentum confirmation).
- The ATR-based range filter confirms sufficient market movement.
2. Sell Signal: Look for a red label above the bar, which indicates a potential selling opportunity. This signal is generated when:
- The price is below the 200-period SMA (downtrend).
- The RSI is below the defined threshold (momentum confirmation).
- The ATR-based range filter confirms sufficient market movement.
3. Visual Confirmation: The script also plots the 200-period SMA for easy identification of the overall trend direction.
4.Alert Setup: You can set up an alert using the “Unified Buy/Sell Alert” condition to notify you when a buy or sell signal is triggered.
Disclaimer:
- Risk Warning: The TrendSync Buy and Sell indicator is a tool for technical analysis and is not a guaranteed method for predicting market movements. Trading carries risk, and it is essential to use proper risk management techniques and not rely solely on any one indicator.
- No Financial Advice: This indicator does not constitute financial advice, and the author, Simply_Dante-FX, does not take responsibility for any trading losses or profits resulting from the use of this tool.
- Performance: Past performance is not indicative of future results. Always conduct your own analysis and use additional tools and strategies to confirm trade decisions.
Use this indicator with caution, and always ensure that you understand the risks involved in trading before committing real capital.
Breakout HANMANT//@version=5
indicator("Breakout", overlay=true)
// Define the condition for the previous candle
prevCandleOpen = ta.valuewhen(barstate.islast, open , 0)
prevCandleClose = ta.valuewhen(barstate.islast, close , 0)
prevCandleHigh = ta.valuewhen(barstate.islast, high , 0)
prevCandleLow = ta.valuewhen(barstate.islast, low , 0)
// Define the condition for the latest candle
latestCandleHigh = high
latestCandleLow = low
// Check for long condition
longCondition1 = (latestCandleHigh > math.max(prevCandleOpen, prevCandleClose, prevCandleHigh))
longCondition2 = (latestCandleLow > math.min(prevCandleOpen, prevCandleClose, prevCandleLow))
longCondition = longCondition1 and longCondition2
// Check for short condition
shortCondition1 = (latestCandleLow < math.min(prevCandleOpen, prevCandleClose, prevCandleLow))
shortCondition2 = (latestCandleHigh < math.max(prevCandleOpen, prevCandleClose, prevCandleHigh))
shortCondition = shortCondition1 and shortCondition2
// Plot the conditions
plotshape(longCondition, location=location.belowbar, color=color.green, style=shape.labelup, text="Long")
plotshape(shortCondition, location=location.abovebar, color=color.red, style=shape.labeldown, text="Short")
//@version=5
indicator("Inside Candle Strategy", overlay=true)
// Identify the previous candle's high and low
prevHigh = high
prevLow = low
// Identify the current candle's high and low
currHigh = high
currLow = low
// Check if the current candle is an inside candle
isInsideCandle = (currHigh < prevHigh) and (currLow > prevLow)
// Plotting the inside candle
bgcolor(isInsideCandle ? color.new(color.blue, 90) : na)
// Long and Short conditions
longCondition = isInsideCandle and (currHigh > currHigh )
shortCondition = isInsideCandle and (currLow < currLow )
// Generate signals
plotshape(series=longCondition, location=location.belowbar, color=color.green, style=shape.labelup, text="Long")
plotshape(series=shortCondition, location=location.abovebar, color=color.red, style=shape.labeldown, text="Short")
// Alerts
Vertical & Open Lines - Yearly [MsF]Yearly Vertical & Open Lines Indicator
This indicator helps traders visualize yearly boundaries and track previous year's price levels. It draws:
- Vertical lines at the start of each year
- Horizontal lines showing previous year's open and close prices
- Optional labels with price information
Features:
- Customizable line colors and styles
- Toggle yearly vertical lines
- Show/hide previous year's price levels
- Optional price labels
- Next year line preview
Usage:
1. Add indicator to your chart
2. Adjust Base Time to match your market's yearly reset time
3. Customize colors and styles using input options
4. Toggle features as needed
Multi-Condition Alert ScriptA Grok written Script/Alert I use for triggering a Sell on my DCA Bots. Sends an alert using an OR operator on 3 separate conditions. Any of the three conditions can trigger an alert based on user settings.
Written in Pine 5, but should convert to 6 ok.
The three conditions are:
1. Moving Average Convergence - can select SMA or EMA and the fast and slow values. Script will send an alert based on the distance between the 2 values converging by a user selected percentage (E.G. alert when fast MA and slow MA gap closes by x%)
2. Counts Candles - Select Red or Green. I use it to count 3 consecutive red candles with a minimum 0.1 percent size. User can select number of candles and minimum percentage size to be counted. Red or green use positive values for the percentage in the dialogue. The script normalizes it.
3. RSI - user can choose period, value and crossing up or down as well as greater than or less than values.
If any of the three conditions, based on the user's selections becomes true - then an alert is sent.
The script begins a cycle when the fast MA crosses up the slow MA value. Timeframes are user defined for the alerts. I usually use 3M, 5M and 15M depending on the bot, but any value should work.
For candles, it resets its counter each time a condition is met (E.G. 3 consecutive red will start counting again at 0 with next candle)
In theory it would work counting green candles going up, but I have only used it to trigger sell events. And remember it starts its cycle when fast MA crosses up slow MA.
Use at your own risk. I provide no warranties or guarantees.
Feel free to use or modify for your own personal use. Not for sale or resale.
Piv high low ema 20shows pivot high low as well as ema 20 for ease. Original script without ema of luxalgo. Thanks
JDF + RSI + ADX (Scalping) MejoradoEste indicador de scalping avanzado combina múltiples herramientas de análisis técnico para ofrecer señales más precisas y confiables en mercados de alta volatilidad. Utiliza el sistema KAMA (Adaptive Moving Average) para detectar tendencias, junto con el RSI y el ADX para confirmar la fortaleza de la tendencia y evitar señales falsas. Además, incorpora un filtro de volatilidad basado en ATR, lo que ayuda a detectar condiciones de mercado óptimas para entrar o salir. Las señales de entrada se confirman solo cuando hay un alineamiento positivo entre estos indicadores, mientras que las señales de salida se generan si la tendencia pierde fuerza o el precio alcanza niveles de sobrecompra o sobreventa. El indicador también incluye una opción de análisis en temporalidades superiores para validar la dirección de la tendencia. Los globos visuales indican claramente las señales de compra (L), venta (S) y salida (SALIR) para facilitar la toma de decisiones en tiempo real. Ideal para traders que buscan precisión y eficiencia.
Definitive Trend Prediction%100 kesin sonuç beklemek yanıltıcıdır; piyasa haberleri, ani volatilite değişiklikleri veya ekonomik olaylar gibi dış faktörler stratejiyi etkileyebilir.
Relative Strength Screener V3relative strength vs spy screener list. based on a set of stocks, higher number is more strength vs spy.
Stochastic HistogramStochastic Histogram (Stoch-H)
This indicator visualizes the difference between the %K and %D lines of the stochastic oscillator as a histogram. The histogram bars are color-coded for easy interpretation:
- Green bars indicate positive values (%K is greater than %D).
- Red bars indicate negative values (%K is less than %D).
This tool is designed to help traders identify potential trend shifts and overbought/oversold conditions at a glance. Customize the %K, %D, and smoothing periods to fit your trading strategy. Perfect for traders seeking a straightforward, visual representation of stochastic momentum.
Stocastic Weekly 3.0 by ScancieitorStocastico semanal con señales de compra valido para todos los activos
PDH & PDL HOLY GRAIL SCRIPTThis will automatically plot PDH and PDL Lines so that you don't have to make adjustments every morning before the market opens.
You can simply focus on plotting the ONH or ONL levels instead.