Inizia

Reversal

Market Sniper - Trading/Scalping SuiteWelcome to Market Sniper. Market sniper is meant to be a suite for trading/scalping alongside my indicators script, RSI, Stochastic and Horizontals. It is based on over 15 Indicators/Oscillators so there is no need for convoluted charts and constantly changing charts/indicators for a better understanding of the market. Warnings: I can't stress this enough! This isn't a magic pill that will transform your illiterate grandmother into an expert trader! This is a very powerful tool whose function is to complement your trading/save time (and yes, with practice be your main trading tool). This algorithm requires setting up and training to be used correctly, please do not expect to load it up and immediately be scalping the 1s charts. This algorithm is heavy and might require constant refreshes of the browser on slower computers. Labels overlap at the moment, working on this part at the moment. So, always zoom in before doing a trade / change the "+- signals in settings" Candlestick patterns need tweaking, I personally have it off and use my own judgement atm. What it includes: Trend reversal / continuation (Macd, Stochastics, money flow , CCI , momentum, DIOSC (automatic trendlines ), SuperTrend, Moving averages, etc, etc.) RSI divergence drive / drive counter (base code from Libertus, check his profile as he has very helpful scripts) Bull Market expansions for longterm take profit and increasing position Candlestick patterns Trend reversal / Continuation Green = Bullish reversal Red = Bearish trend reversal Orange = Trend continuation / strengthening Trend Continuation/Strengthening A warning here, trend strengthening also means that many times the indicators are overextended or close to it ------ The numbers reflect the amount of indicators that are signaling a reversal over the specified period on the settings. For higher timeframes this setting should be on a lower value and the opposite for lower timeframes. This works on every market and every timeframe(according to months of my own paper and real trading). Remember that each market/asset/commodity has different soft spots so tweaking, backtesting and present accuracy review should be of maximum priority. Bull Market expansion phase Warning: The indicator purposely does not show any signals during bear markets. It is my opinion bear markets complexity render this tool close to useless. It was designed to be used in higher timeframes, tough it SEEMS to have a good track record / be useful in lower timeframes. it will ALWAYS give a fake signal at the end of a bull market because of the very nature of the code. It is based of EMAs, RSI and Stochastic Candlestick Patterns Bullish candlestick patterns: Hammer Inverted Hammer Dragonfly Gravestone Bearish candlestick pattern: Shooting Star Hanging Man Gravestone Dragonfly RSI divergence drive - Credit to Libertus for the base code of this section The green triangle means there are at least 2 drives of valid divergence, yellow for 3 and red for 4+. The script shows triangles when confirmation candle closes. You need to know how divergence works to use this section. investopedia can easily get you there. For cryptos I use 2-4h+ timeframes, for traditional markets I use 15min+ for forex I use it basically in every timeframe. For questions/suggestions and access PM me in the platform itself and don't forget -> FEEDBACK IS IMPORTANT Thank you all
Indicatore Pine Script™
di gazur
15
Combo Backtest 123 Reversal & Elder Ray (Bear Power) 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 Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the ability of buyers to drive prices above the consensus of value. Bear Power reflects the ability of sellers to drive prices below the average consensus of value. Bull Power is calculated by subtracting the 13-day EMA from the day's High. Bear power subtracts the 13-day EMA from the day's Low. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... WARNING: - For purpose educate only - This script to change bars colors.
Strategia Pine Script™
di HPotter
4
Combo Strategy 123 Reversal & Elder Ray (Bear Power) 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 Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the ability of buyers to drive prices above the consensus of value. Bear Power reflects the ability of sellers to drive prices below the average consensus of value. Bull Power is calculated by subtracting the 13-day EMA from the day's High. Bear power subtracts the 13-day EMA from the day's Low. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... WARNING: - For purpose educate only - This script to change bars colors.
Indicatore Pine Script™
di HPotter
3
LuxAlgo® - Oscillator Matrix™Oscillator Matrix™ is an all-in-one indicator that incorporates 6+ unique components designed for interoperability & confluence with one another to provide a powerful trend following & reversal detection experience. Users can create various ways to utilize the indicator's features together such as looking for excess money flowing into the market alongside strong reversal signals appearing or getting real-time divergence signals alongside a lack of money flowing into the market to predict upcoming trends. This indicator is described as an 'Oscillator Matrix' as it's made up of many different components that can create a systematic approach to analyzing markets alone, however, the indicator also can serve as a great secondary piece to a user's primary analysis with or without our other LuxAlgo Premium indicators. 🔶 FEATURES Below we describe each component of Oscillator Matrix™ in order of each's significance for the most confluent analysis possible. Money Flow - Easily see the amount of buying or selling liquidity entering the market by analyzing the green & red waves and how they react with their thresholds to achieve further insight. Best to analyze first before considering any signals the indicator can generate. Thresholds - Dynamic levels that align above/below the Money Flow to show at which level significant buying or selling is actually taking place. Overflow - Small lighter waves that occur within the Money Flow's display when excess buying or selling activity is occurring to accurately predict upcoming reversals. Hyper Wave - An oscillator ribbon in green/grey that provides highly reactive trend following signals & powerful divergence detection. Real-Time Divergences - Real-time divergence labels that appear on the Hyper Wave oscillator's adaptive ribbon. A highly effective approach to a concept that's not typically done for oscillators. Users can also increase the sensitivity of divergences within the settings. Reversal Signals - Small dots on the upper or lower boundaries represent high frequency points that indicate possible reversals or a warning signal to upcoming larger reversal signals which are indicated separately by the large triangular arrows on the top & bottom of the indicator's panel. Confluence Zones - Allows the Money Flow & Hyper Wave oscillator to be used together to display easily interpretable shades of bullish & bearish activity. Brighter, more vibrant colors indicate strong bullish or bearish confluence between these 2 features. Confluence Meter - An optional display at the current bar to easily find the current level of confluence between all features within Oscillator Matrix™ indicated by the arrow pointing to bullish or bearish levels. (Disabled by default) Generally, we recommend using these features in order from first to last, whereas analyzing components of the Smart Money Flow category prior to considering other features in your analysis is most productive to ensure you find proper confluence alongside any signal that is generated. 🔶 USAGE In the image below, we can see 5 points of interest to a user analyzing Oscillator Matrix™ based on various different behaviors. Point 1 : Here we can see a large reversal signal arrow at the bottom of the panel. These signals, like all signals in LuxAlgo Premium & any indicator in general are not meant to be used as buy/sell signals themselves. What makes this signal particularly more of interest opposed to other reversal signals that may not play out right away is the Money Flow that corresponding as weak. We can tell the Money Flow is weak because it is not near the red threshold level. This indicates to us that there is not real selling pressure occurring and that the market could easily reverse in these conditions. Point 2 : In this specific area we can notice the Money Flow in green is moving upwards alongside the green threshold level. This combination indicates a high probability there is a lot of real buying volume coming into the market, opposed to the previous example (point 1) where the Money Flow was not near the threshold level. We can also notice the Hyper Wave Oscillator is printing a green dot while above the 50 value on Oscillator Matrix™ panel, further indicating a likely bullish impulse to come. Point 3 : There are multiple indications here showing us the market may potentially be reversing. The most notable being the larger red reversal arrow, however, as we mentioned previously these cannot be used by themselves. A further indication is that on the Money Flow we can see Overflow has occurred by the lighter small wave that has appeared & is now turning downwards. This indicates that an excess of buyers have come into the market & are likely to be washed out with a move to the downside. We can see this happen once again about 8 candles later paired with a high frequency reversal signal (red dot) which marked a local high before the larger impulse down. Point 4 : You can notice during the recent 25 or so candles the high frequency reversal points (green & red dots) have been highly effective for indicating potential local highs & lows in real-time. There was a previous real-time bullish divergence detected while Money Flow was strongly in the red and this did indicate a small move upwards, however, with the Money Flow still holding in the red, another high frequency reversal dot, and then as the Money Flow begins to decrease further, we see a clean local top detected here at point 4. Point 5 : As the lower Confluence Zone moved into the bright red, we saw a large move to the downside and a large bullish reversal signal printed in real-time as well. Just like point 1, we have a very clear indication the selling has stopped as we further analyze the Money Flow is nowhere near it's true Activity Line. This analysis combined gave us a further indication of a larger reversal which played out with no lag at all as all reversal signals are fully predictive separate from the Hyper Wave oscillator itself, which can be used as a further trend following approach alongside signals & money flow. 🔶 NAVIGATING MARKET CONDITIONS In the image above we can see another example with 6 new points of interest marked in green & red shaded areas, all accompanied by a list of possible interpretations of the indicator. The importance of this usage example is to demonstrate the ability to focus on certain components of the indicator during specific market conditions. For any indicator attempting to catch reversals, trending market conditions will be a detriment to its usability. The same amount of the components within Oscillator Matrix™ will support trending market conditions as there are components to support ranging market conditions. The indicator further aims to provide clear abilities to detect when the market is likely trending or ranging. With an understanding of the components within the Smart Money Flow section particularly such as the Overflow & Thresholds, it's possible to develop a more significant understanding of when to consider the market is trending vs when to consider the market may be ranging. By doing this, we can potentially determine at certain points when to 'filter out' reversal signals or to just consider them merely indications of local tops/bottoms opposed to significant tops/bottoms. Analyzing a significant Overflow particularly is useful to consider a trend potentially coming to an end. For example, at point 5 in the image above we had a clear downtrend only until there was a very considerable amount of Overflow that begun a real reversal. We recommend studying the outlined chart above & the list of indications at each shaded area to develop a deep understanding of how to navigate varying market conditions & spot various points of confluence during reversals. 🔶 CONCLUSION & ACCESS This indicator is an extremely comprehensive approach to an oscillator that allows users to further develop a systematic approach to trading and can be paired great alongside other forms of technical analysis such as our LuxAlgo Signals & Overlays indicator. Although we believe this indicator to be useful, it's critical to understand that past performance is not necessarily indicative of future results and there are many more factors that go into being a profitable trader. You can see the Author's instructions below to get instant access to Oscillator Matrix™ & our LuxAlgo Premium suite.
Indicatore Pine Script™
di LuxAlgo
112
UO CrossThis particular UO Cross is evolved into far more flexible and visually intuitive oscillator than previous versions. After thorough experiments with the code of indicator, I came to new deductions on how to use it properly for random TF and made it simpler. How to read a chart using UOX: Before uptrend takes place, we see the both indicator levels moving towards green dotted line (40). When green UO index passes below 40, it's an alert that the market is about to interact to new demand levels, coloring it blue for a potential reversal. Once green UO index is moving up and crossing above green dotted line - the second signal of uptrend established. Another strong sign of uptrend is when green UO index passes above red UO index, coloring the space in between 2 indicators greenish. At this point of time, we can be more confident that the general movement of the price is headed upwards, although we might see some small corrections there. During uptrend Green UO index will fluctuate above red UO index. Both indices will rise, getting closer and closer to red dotted line, which psychologically would be the first signs of the reversal of the uptrend. When you see green UO index passing above red dotted line 60, coloring orangish, that's a serious alert for upcoming reversal. I'll once more remind you that at this point of time both UO indices are at overbought levels, def above 50. You know the situation is serious when you witness red UO index being very close to red dotted line! To confirm the signals for downtrend, you must see green UO index go down and passing below red dotted line. Second confirmation of downtrend is when green UO index crosses below red UO index, and colors the space in between indices red. With this indicator we can understand: Condition of the market Early signs and alerts for reversal Signals of entry Confirmations of those signals Visualized mass psychology behind domination of bulls / bears It would be much better if you combine it with volume-based indicators. Good luck!
Indicatore Pine Script™
di fract
6
Candlestick Pattern Detector - Aitch-TThis script detects the following candlestick patterns: Bullish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bullrami (Altenate Bull Harami) Bearish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bearami (Alternate Bear Harami) - Shooting Star How it works: - When you add the script to your chart, green and red dots will appear at the top and the bottom of the chart. - Red dots at the top of the chart point out the candles that have completed a bearish pattern . - Green dots at the bottom of the chart point out the candles that have completed a bullish pattern . How to use: Use it in conjunction with other analysis tools ( Fibonacci Retracements, Histogram, Willy, RSI , volume , etc) to determine high probability levels.
Indicatore Pine Script™
di Aitch-T
5
Cross UO v1This is my first script. I use 2x UO's as a tool to identify the stability and overall condition of a trend. The UO colored blue is more reactive to price change (candles) than red one, because it takes into account less candles. The difference in rates of change is a mass mental condition of a market. The combo might predict the reversals too. How to read a chart using it? We'd know the uptrend is stable when Blue UO fluctuates OVER Red UO. As blue UO reaches red band - it's time for reversal. To confirm the reversal of an uptrend - Blue UO must cross below Red UO. During downtrend, the blue and red UOs are reaching green band which would indicate that market is oversold. Once Blue UO touches green band and crosses above red UO - it's time for downtrend to reverse it's direction.
Indicatore Pine Script™
di fract
3
Linear Regression Trend Channel with Entries & AlertsPlease Use this Indicator If you understand the risk posed by linear regression trend channel Features Provides trend channel (best value for period is 40 on 5 minute timeframe Provides BUY/SELL entries based on current channel Provides custom color for channel Best used with MattyPips strategy indicators Risks : Please note, this script is the likes of Bollinger bands and poses a risk of falling in a trend range. Entries may keep running on the same direction while the market is moving.
Indicatore Pine Script™
di MrTuanDoan
23
Combo Backtest 123 Reversal & Elder Ray (Bear Power) 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 Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bear Power measures the ability of sellers to drive prices below the consensus of value. Bear Power reflects the ability of sellers to drive prices below the average consensus of value. Bull Power is calculated by subtracting the 13-day EMA from the day's High. Bear power subtracts the 13-day EMA from the day's Low. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... WARNING: - For purpose educate only - This script to change bars colors.
Strategia Pine Script™
di HPotter
Combo Strategy 123 Reversal & Elder Ray (Bear Power) 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 Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bear Power measures the ability of sellers to drive prices below the consensus of value. Bear Power reflects the ability of sellers to drive prices below the average consensus of value. Bull Power is calculated by subtracting the 13-day EMA from the day's High. Bear power subtracts the 13-day EMA from the day's Low. You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect... WARNING: - For purpose educate only - This script to change bars colors.
Indicatore Pine Script™
di HPotter
2
Failed ReversalThis is built on False Reversal or say Profit Booking logic where price is moving in an direction and suddenly reverses but then fails to sustain on that reversal and comes back to original trend.This is a Trend Following system and the entry exits are based on price action using 2 candles wherein close of second candle defines Entry and low of previous is SL.This also has an Stop loss Filter so that user's can avoid the trades having big candles as per their risk appetite .
Indicatore Pine Script™
di hPpsanj589
4
Cuban's Price Action ChannelThe latest in the indicator series tailored to discretionary traders. This script draws a channel by using the highs and lows of previous timeframes. The H1 and H4 fill is extremely useful for taking low timeframe front-side reversals in a ranging environment, while providing high timeframe levels to take profit at, and plan your next trade. I believe this script provides a solid fundamental price action understanding and foundation to anyone's discretionary trading setup.
Indicatore Pine Script™
di cubantobacco
19
Combo Backtest 123 Reversal & ECO Strategy 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 We call this one the ECO for short, but it will be listed on the indicator list at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator. It is based on candlestick bars, and takes into account the size and direction of the candlestick "body". We have found it to be a very good momentum indicator, and especially smooth, because it is unaffected by gaps in price, unlike many other momentum indicators. We like to use this indicator as an additional trend confirmation tool, or as an alternate trend definition tool, in place of a weekly indicator. The simplest way of using the indicator is simply to define the trend based on which side of the "0" line the indicator is located on. If the indicator is above "0", then the trend is up. If the indicator is below "0" then the trend is down. You can add an additional qualifier by noting the "slope" of the indicator, and the crossing points of the slow and fast lines. Some like to use the slope alone to define trend direction. If the lines are sloping upward, the trend is up. Alternately, if the lines are sloping downward, the trend is down. In this view, the point where the lines "cross" is the point where the trend changes. When the ECO is below the "0" line, the trend is down, and we are qualified only to sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is above 0, we are not allowed to take short signals, and when the ECO is below 0, we are not allowed to take long signals. WARNING: - For purpose educate only - This script to change bars colors.
Strategia Pine Script™
di HPotter
3
Combo Strategy 123 Reversal & ECO 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 We call this one the ECO for short, but it will be listed on the indicator list at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator. It is based on candlestick bars, and takes into account the size and direction of the candlestick "body". We have found it to be a very good momentum indicator, and especially smooth, because it is unaffected by gaps in price, unlike many other momentum indicators. We like to use this indicator as an additional trend confirmation tool, or as an alternate trend definition tool, in place of a weekly indicator. The simplest way of using the indicator is simply to define the trend based on which side of the "0" line the indicator is located on. If the indicator is above "0", then the trend is up. If the indicator is below "0" then the trend is down. You can add an additional qualifier by noting the "slope" of the indicator, and the crossing points of the slow and fast lines. Some like to use the slope alone to define trend direction. If the lines are sloping upward, the trend is up. Alternately, if the lines are sloping downward, the trend is down. In this view, the point where the lines "cross" is the point where the trend changes. When the ECO is below the "0" line, the trend is down, and we are qualified only to sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is above 0, we are not allowed to take short signals, and when the ECO is below 0, we are not allowed to take long signals. WARNING: - For purpose educate only - This script to change bars colors.
Indicatore Pine Script™
di HPotter
6
Combo Backtest 123 Reversal & Ease of Movement (EOM) 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 This indicator gauges the magnitude of price and volume movement. The indicator returns both positive and negative values where a positive value means the market has moved up from yesterday's value and a negative value means the market has moved down. A large positive or large negative value indicates a large move in price and/or lighter volume. A small positive or small negative value indicates a small move in price and/or heavier volume. A positive or negative numeric value. A positive value means the market has moved up from yesterday's value, whereas, a negative value means the market has moved down. WARNING: - For purpose educate only - This script to change bars colors.
Strategia Pine Script™
di HPotter
TITAN StrategyTitan Strategy it's a Volatility & price action indicator giving you the exact point of exit or stop or reversal with 2 different lengths represent as 2-time frames to drive the trend and reversals during the bear market and the bull market with one adjustable level of taking profit and one adjustable stop loss level. Grate for swing trading and Bullrun recognition and scalp those short trade into the bear market and there its 2 more timeframes or lengths for the short environments where titan will scalp short into the average true range default settings are at 4% stop loss and 4% take profit How to use : Buy Signal: long condition Sell Signal: Short condition If you like to know how to apply to the service please send me a private msg we have a full pdf guide that comes with indicator its will be provided to you for mentoring propose thx for your time and support
Strategia Pine Script™
di Shenl0ng
4
Combo Strategy 123 Reversal & Ease of Movement (EOM) 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 This indicator gauges the magnitude of price and volume movement. The indicator returns both positive and negative values where a positive value means the market has moved up from yesterday's value and a negative value means the market has moved down. A large positive or large negative value indicates a large move in price and/or lighter volume. A small positive or small negative value indicates a small move in price and/or heavier volume. A positive or negative numeric value. A positive value means the market has moved up from yesterday's value, whereas, a negative value means the market has moved down. WARNING: - For purpose educate only - This script to change bars colors.
Indicatore Pine Script™
di HPotter
3