Scott's historical ATR(volatility) percentileHistorical Volatility Percentile using Average True Range as measure of volatility.
Historical True Range Percentile
Range
Smart Labelling - Range FilterThis is a labelling module based on a range filter . Notice that the trick here is to use fibonachi numbers . Use smaller range multiplier for higher TFs. This module may serve as a signal generator to be passed through a signal filter.
Quote from the original author:
This is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI. First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount. Next, the filter is calculated by gating price movements that do not exceed the specified range. Lastly the target ranges are plotted to display the prices that will trigger filter movement.
Cyatophilum Trend IndicatorYou should already know that you shouldn't trade against the market, but rather in the trend direction.
You might also have noticed that during range market ( sideways action ) bad trades were more likely to happens.
With this indicator, the trend is highlighted.
Green for bullish trend.
Red for bearish trend.
No color for range market.
Use this indicator as a filter on top of your already existing indicators.
When the zone is green, only listen long signals.
When the zone is red, only listen short signals.
Where there is no zone, avoid all trades.
Eagle Eye Indicator [B]Indicator version with three different modes, Range/Range Additive/Range Normalized.
Colorscheme is the same as the original overlay Project Eagle Eye
5 Sessions RangeThis script averages the range of the previous 5 sessions and displays it on the chart
The sessions are adjustable
Trend Channel [Gu5]SMA 200 determines the trend
Bullish trend, green candles. Down trend, red candles.
If the market value is narrow to the SMA200 channel, yellow candles.
Setting recommended for SMA Range
BTCUSD = 100
EURUSD = 1000
SPX = 100
ETHUSD = 10
RePaNoCHa V4 [Alerts]Script for automatic trading with Alerts.
LG --> Long (green: not confirmed) (lime: confirmed)
ST --> Short (maroon: not confirmed) (red: confirmed)
TS --> Trailing Stop
xL --> Close Long Position
xS --> Close Short Position
SL --> Stop Loss
The trailing stop closes the trade if the price changes direction by a specified percentage or offset. There is no ideal distance because markets and price are always changing and we know that is impossible to exit on the top or bottom. This script interpolate the trailing Stop Offset with profit, higher profit --> higher Trailing Stop Offset. Despite this, it's difficult to catch the price but not impossible. It has a TS delay too. It take a snapshot every X seconds, if the TS is activated the alert is triggered, otherwise the price keeps fluctuating until a new snapshot.
It can be easily converted to Backtest. Just delete "//" on the corresponding part.
Default settings for XBT:USD at 1H.
Range Candles - JDThis tool takes a "RANGE" chart and transforms it into "NORMAL" or "HEIKEN-ASHI" candles.
Instantly giving you a much better visual interpretation of the "range" information!!!
NOTE: due to the nature of Pinescript and how range charts are constructed it's possible the candles are not formed on every tick!!!
When formed though, they don't repaint and are calculated differently for every bar so you get approximately the most accurate view at the price action that Tradingview can offer you!
For compasrison:
this is a view of the "1 minute" chart:
this is the normal "1 range" chart without the candles
this is the same "1 range" chart with Heiken-Ashi candles
this is the normal "1000 range" chart (+/- equal to the 1 minute) without the candles
this is the same "1000 range" chart with Heiken-Ashi candles
JD.
#NotTradingAdvice #DYOR
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
Opening Range Breakout - ORBThe opening range is simply the high and low of a given period after the market opens. This period is generally the first 30 minutes or the first hour of trading.
During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on price action after the bell rings.
Since the opening bell is associated with big trading volumes and volatility, this time of the session provides many trading opportunities. In this manner, traders use the opening range to set entry points on the chart and to forecast the price action for the day.
Combo Strategy 123 Reversal & Breakout Range Short This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Breakout Range Short Strategy
WARNING:
- For purpose educate only
- This script to change bars colors.
[RS]ZigZag Percent Reversal - Forecast - patterns - labels description:
• Zig Zag indicator plots points on the chart whenever prices reverse
by a percentage greater than a pre-chosen variable.
• Forecasts area based on zigzag statistics.
• Displays labels with detected patterns.
• Displays slope information rate of price, time diferentials and angle(experimental)
NIBIRU MATRIXThe Nibiru Matrix is an entry timing tool based on oscillators and trends. It's to provide an intuitive way of timing trades when price is at the resistance or on the support.
The Nibiru Matrix provides trade entry hints and information about the current market behavior (trending or ranging). If the market is trending, it also shows the trend strength and direction. It is a secondary indicator meaning it trade should be made on the support or resistance using Nibiru Matrix as a confluence indicator.
What it plots?
Slow, fast and stochastic oscillators
Bar coloring to warn about possible setups
Trending/ranging market indication
Current volatility
2 methods of trend confirmation based on 2 different algorithms
Indicator components:
Trend/range setup - provides information about current possible trade strategy. Following a RANGE indicator, Voodoo Matrix suggests that the safest way to trade will be between the local support and resistance shown by Voodoo Support and Resistance, and following a TREND indicator, it is likely that a trending strategy or taking profit on larger ranges is more profitable.
Fast trend indicator - providing color based information on direction of the short-term trend. This is the most reactive trend indication shown by Voodoo Matrix. This can even be used for counter-main-trend scalping.
Green - uptrend
Red - downtrend
Gray - indecision
Slow trend indicator - providing color based information on direction of the long-term trend. It is based on the behavior of a longer period EMAs.
Green - uptrend
Red - downtrend
Gray - indecision
Volatility histogram - information on current price strength. Best used in confluence with the short term trend indicator.
Fast oscillator - oscillator based on stochastic RSI, modified to provide better information on timing and price movement. It's fast moving which helps time the shorter-term moves.
Slow oscillator - oscillator based on stochastic RSI, modified to provide better information on timing and price movement. It's slow moving and provides useful information about the price direction and strength of the move.
Stochastic oscillator - simple stochastic oscillator. Best used with both Fast and Slow Oscillators to get best timing and price movement strength and direction.
Overbought zone - area of the chart where the modified stochastic oscillator suggests the market is currently overbought.
Oversold zone - area of the chart where the modified stochastic oscillator suggests the market is currently oversold.
Neutral zone - area of the chart where the modified stochastic oscillator suggests the market is currently neutral.
Timing confirmation hints - signaling confirmation of fast oscillator forming a buy/sell setup.
Fast oscillator buy/sell color hint s – bar coloring to bring a focus and attention to possible buy/sell signal forming on the fast oscillator.
Use the link below or PM me to gain access to the indicator.
Combo Strategy 123 Reversal & Breakout Range Long This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Breakout Range Long Strategy
WARNING:
- For purpose educate only
- This script to change bars colors.
Daily Range -af v1.0Plots horizontal lines on the current daily open, high, low, midpoint; valid during regular trading hours only 9 am to 4:30 pm EST Monday - Friday.
Range & StopA market moving sideways will break out at one point in time. The trader does not know if the break-out will be upwards or downwards. Both are possible. The Range & Stop indicator offers the possibility to place an order in the edge of the fixed range area. If one order is executed, the other order can be the take profit order.
If price its trending price will always respect the range and the new areas of the price will always providing support and resistance on the edge of the range.
Stop and range also provide a stop lost base on atr volatility calculations to prevent Stop hunts before rising.
Comes with few Conditions for trend reversal recognition and candle color
If you are looking for access to this indicator please msg t.me
you can also join our community for questions and tutorials
discord.gg
Thx for your time & support.
Consolidation vs Trending
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures.
ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down. The indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.
When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend. When the -DMI is above the +DMI, prices are moving down, and ADX measures the strength of the downtrend.
ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies.
ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend
RePaNoCHa [Alerts]Script for automatic trading with Alerts (Use Backtest to customize your own settings)
All timeframes but good results on 2H.
LG --> Long
ST --> Short
TS --> Trailing Stop
xL --> Close Long Position
xS --> Close Short Position
SL --> Stop Loss
The trailing stop closes the trade if the price changes direction by a specified percentage or offset. There is no ideal distance because markets and price are always changing and we know that is impossible to exit on the top or bottom. This script interpolate the trailing Stop Offset with profit, higher profit -- > higher Trailing Stop Offset. Despite this, it's difficult to catch the price. If someone comes up with a good idea, comment, I'm happy to learn.
No security() function so no repaint but has time() and can appear a warning for it.
Alerts:
'Once per bar' More profit but not confirmed alerts (10-20% fake alerts)... I like risk
'Once per bar close' Confirmed alerts (0% fake alerts)... You will sleep better
Some settings:
XBTUSD (BITMEX)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 5
T3 Volume Factor = 0.9
Sampling Period = 16
Range Multiplier = 1.3
ADX lenght = 10
ADX Threshold = 20
SAR start = 0.07
SAR inc = 0.02
SAR max = 0.15
Pyramiding = 10
Trailing Stop Activation % = 0.5
Trailing Stop Offset % (when profit=0.5 %) = 0.35
Trailing Stop Offset % (when profit=10 %) = 1.5
Stop Loss = 3.5
Tics/Pips Correction = 10
Initial Capital = 1000
Quantity = 100 %
Commission value = 0.075 %
ETHUSD (BITMEX)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 5
T3 Volume Factor = 0.7
Sampling Period = 13
Range Multiplier = 0.9
ADX lenght = 11
ADX Threshold = 19
SAR start = 0.06
SAR inc = 0.03
SAR max = 0.15
Pyramiding = 10
Trailing Stop Activation % = 0.5
Trailing Stop Offset % (when profit=0.5 %) = 0.35
Trailing Stop Offset % (when profit=10 %) = 1.5
Stop Loss = 4
Tics/Pips Correction = 100
Initial Capital = 1000
Quantity = 100 %
Commission value = 0.075 %
BNBUSDT (BINANCE)
Timeframe = 2H
Position Side = LONG
Source = hlc3
T3 Length = 3
T3 Volume Factor = 1.6
Sampling Period = 17
Range Multiplier = 1.3
ADX lenght = 5
ADX Threshold = 18
SAR start = 0.04
SAR inc = 0.03
SAR max = 0.25
Pyramiding = 10
Trailing Stop Activation % = 0.5
Trailing Stop Offset % (when profit=0.5 %) = 0.4
Trailing Stop Offset % (when profit=10 %) = 1.5
Stop Loss == false
Tics/Pips Correction = 10000
Initial Capital = 1000
Quantity = 100 %
Commission value = 0.075 %
LTCUSDT (BINANCE)
Timeframe = 2H
Position Side = LONG
Source = hlc3
T3 Length = 3
T3 Volume Factor = 1.6
Sampling Period = 11
Range Multiplier = 1.1
ADX lenght = 6
ADX Threshold = 22
SAR start = 0.07
SAR inc = 0.04
SAR max = 0.15
Pyramiding = 10
Trailing Stop Activation % = 0.5
Trailing Stop Offset % (when profit=0.5 %) = 0.4
Trailing Stop Offset % (when profit=10 %) = 1.5
Stop Loss == false
Tics/Pips Correction = 100
Initial Capital = 1000
Quantity = 100 %
Commission value = 0.075 %
TRXUSDT (BINANCE)
Timeframe = 2H
Position Side = LONG
Source = hlc3
T3 Length = 3
T3 Volume Factor = 0.9
Sampling Period = 8
Range Multiplier = 1.2
ADX lenght = 4
ADX Threshold = 22
SAR start = 0.07
SAR inc = 0.04
SAR max = 0.15
Pyramiding = 10
Trailing Stop Activation % = 0.5
Trailing Stop Offset % (when profit=0.5 %) = 0.4
Trailing Stop Offset % (when profit=10 %) = 1.5
Stop Loss == false
Tics/Pips Correction = 100000
Initial Capital = 1000
Quantity = 100 %
Commission value = 0.075 %
NAS100 (OANDA)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 3
T3 Volume Factor = 1
Sampling Period = 12
Range Multiplier = 1.3
ADX lenght = 18
ADX Threshold = 21
SAR start = 0.08
SAR inc = 0.06
SAR max = 0.25
Pyramiding = 10
Trailing Stop Activation % = 0.2
Trailing Stop Offset % (when profit=0.5 %) = 0.15
Trailing Stop Offset % (when profit=10 %) = 1
Stop Loss = 1.8
Tics/Pips Correction = 10
Initial Capital = 1000
Quantity = 3 contracts
Commission value = 0.2 USD per contract
NATGAS(OANDA)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 3
T3 Volume Factor = 1
Sampling Period = 18
Range Multiplier = 1.1
ADX lenght = 10
ADX Threshold = 17
SAR start = 0.1
SAR inc = 0.04
SAR max = 0.35
Pyramiding = 10
Trailing Stop Activation % = 0.2
Trailing Stop Offset % (when profit=0.5 %) = 0.15
Trailing Stop Offset % (when profit=10 %) = 1
Stop Loss = 1.6
Tics/Pips Correction = 1000
Initial Capital = 1000
Quantity = 4500 contracts
Commission value = 0.002 USD per contract
SPX500 (OANDA)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 3
T3 Volume Factor = 0.6
Sampling Period = 14
Range Multiplier = 1.3
ADX lenght = 12
ADX Threshold = 17
SAR start = 0.23
SAR inc = 0.05
SAR max = 0.2
Pyramiding = 10
Trailing Stop Activation % = 0.15
Trailing Stop Offset % (when profit=0.5 %) = 0.1
Trailing Stop Offset % (when profit=10 %) = 0.75
Stop Loss = 1.5
Tics/Pips Correction = 10
Initial Capital = 1000
Quantity = 8 contracts
Commission value = 0.2 USD per contract
US30 (OANDA)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 4
T3 Volume Factor = 0.9
Sampling Period = 11
Range Multiplier = 1.1
ADX lenght = 16
ADX Threshold = 24
SAR start = 0.08
SAR inc = 0.03
SAR max = 0.05
Pyramiding = 10
Trailing Stop Activation % = 0.15
Trailing Stop Offset % (when profit=0.5 %) = 0.1
Trailing Stop Offset % (when profit=10 %) = 0.75
Stop Loss = 1.5
Tics/Pips Correction = 10
Initial Capital = 1000
Quantity = 1 contracts
Commission value = 1.5 USD per contract
WHEAT (OANDA)
Timeframe = 2H
Position Side = BOTH
Source = hlc3
T3 Length = 3
T3 Volume Factor = 1.1
Sampling Period = 12
Range Multiplier = 1
ADX lenght = 13
ADX Threshold = 21
SAR start = 0.07
SAR inc = 0.05
SAR max = 0.15
Pyramiding = 10
Trailing Stop Activation % = 0.2
Trailing Stop Offset % (when profit=0.5 %) = 0.15
Trailing Stop Offset % (when profit=10 %) = 1
Stop Loss = 2.5
Tics/Pips Correction = 1000
Initial Capital = 1000
Quantity = 2500 contracts
Commission value = 0.003 USD per contract
Autonomous Recursive Moving AverageIntroduction
People often ask me what is my best indicators, i can't really respond to this question with a straight answer but i would say you to check this indicator. The Autonomous Recursive Moving Average (ARMA) is an adaptive moving average that try to minimize the sum of squares thanks to a ternary operator, this choice can seem surprising since most of the adaptive moving averages adapt to a smoothing variable thanks to exponential averaging, but there are lot of downsides to this method, i really wanted to have a flat filter during flat markets and this is what i achieved.
The Indicator
length control the amount of smoothing during trending periods, gamma is the trend sensitivity threshold, higher values of gamma will make an overall flat filter, adjust gamma to skip ranging markets.
gamma = 2, we can adjust to 3 while preserving smoothing reactivity with trading periods.
gamma = 3
low length and higher gamma create more boxy result, the filter add overshoots directly in the output, its unfortunate.
The Zero-Lag option can reduce the lag as well as getting additional flat results without changing gamma.
Conclusion
The indicator need work, but i can't leave without publishing it, the overshoots are a big problems, changing sma for another stable filter can help. I hope you find an use to it, i really like this indicator.
Thanks for reading
_SP(viaCM)_Opening-Range-FinalChris Moody's script. I just lessened the line/circle width, got rid of the highlighting overall, and reduced the highlighting between OR high and OR low.