MACD with DPO Strategy by NGExplanation of the MACD with DPO Strategy:
MACD (Moving Average Convergence Divergence):
The MACD is a trend-following indicator that shows the relationship between two moving averages of a price.
In this script:
We calculate the MACD line by subtracting the slow moving average (typically 26-period EMA) from the fast moving average (typically 12-period EMA).
The Signal line is calculated as a 9-period EMA of the MACD line.
The Histogram is the difference between the MACD line and the Signal line, indicating the momentum of the price trend.
Buy Condition: The script generates a buy signal when the MACD histogram crosses from negative to positive (indicating a bullish momentum) and DPO is also positive.
Sell Condition: The script generates a sell signal when the MACD histogram crosses from positive to negative (indicating a bearish momentum) and DPO is also negative.
DPO (Detrended Price Oscillator):
The DPO removes long-term trends from prices, making it easier to identify shorter-term cycles or oscillations.
In this script:
We calculate the DPO by subtracting a shifted simple moving average (SMA) from the close price. The shifting period depends on half the specified period.
We also calculate the DPO SMA as a 30-period EMA of the DPO values.
DPO Color: The DPO line is colored green when the DPO is above zero (indicating upward momentum) and red when it is below zero (indicating downward momentum). The histogram is also colored based on whether the DPO is positive or negative.
Plotting and Alerts:
The script plots the MACD, Signal, and Histogram on the chart.
Additionally, it plots the DPO and its SMA with different colors depending on whether the DPO is above or below zero.
Buy Signal: A green arrow labeled "BUY" is plotted below the bar when both MACD and DPO indicate a bullish condition.
Sell Signal: A red arrow labeled "SELL" is plotted above the bar when both MACD and DPO indicate a bearish condition.
Background colors are used to highlight the chart whenever a buy or sell condition occurs.
The script also includes alerts for both buy and sell signals, allowing users to set notifications when conditions are met.
How to Use:
Identify Buy and Sell Signals:
The script generates a Buy signal when:
The MACD histogram crosses from negative to positive (bullish momentum), and
The DPO is above zero (indicating upward momentum).
The script generates a Sell signal when:
The MACD histogram crosses from positive to negative (bearish momentum), and
The DPO is below zero (indicating downward momentum).
Chart Visualization:
The MACD histogram and Signal line help visualize the momentum and potential trend reversal.
The DPO and DPO SMA help visualize the shorter-term price cycles.
The signals (Buy and Sell) will be plotted on the chart with arrows indicating entry points.
Customization:
You can adjust the MACD and DPO parameters (such as fast_length, slow_length, period_) to fit your trading style or market conditions.
The script can be used in any timeframe depending on your strategy (e.g., intraday trading or longer-term trading).
Example Scenario:
If you're looking for potential buy opportunities, wait for the script to generate a buy signal (green arrow) where the MACD histogram has shifted to positive, and DPO is also in the green (above zero). This signals that both momentum and cycle direction are aligned for a potential upward movement.
Conversely, for sell opportunities, wait for the red arrow where MACD momentum is turning negative and DPO is also negative (below zero), indicating a bearish condition.
This combination of MACD and DPO allows traders to identify stronger and more reliable entry/exit points by confirming the trend with the MACD and detecting shorter-term price cycles with the DPO.
Cerca negli script per "12月4号是什么星座"
Uptrick: Volume-Weighted EMA Signal### **Uptrick: Volume-Weighted EMA Signal (UVES) Indicator - Comprehensive Description**
#### **Overview**
The **Uptrick: Volume-Weighted EMA Signal (UVES)** is an advanced, multifaceted trading indicator meticulously designed to provide traders with a holistic view of market trends by integrating Exponential Moving Averages (EMA) with volume analysis. This indicator not only identifies the direction of market trends through dynamic EMAs but also evaluates the underlying strength of these trends using real-time volume data. UVES is a versatile tool suitable for various trading styles and markets, offering a high degree of customization to meet the specific needs of individual traders.
#### **Purpose**
The UVES indicator aims to enhance traditional trend-following strategies by incorporating a critical yet often overlooked component: volume. Volume is a powerful indicator of market strength, providing insights into the conviction behind price movements. By merging EMA-based trend signals with detailed volume analysis, UVES offers a more nuanced and reliable approach to identifying trading opportunities. This dual-layer analysis allows traders to differentiate between strong trends supported by significant volume and weaker trends that may be prone to reversals.
#### **Key Features and Functions**
1. **Dynamic Exponential Moving Average (EMA):**
- The core of the UVES indicator is its dynamic EMA, calculated over a customizable period. The EMA is a widely used technical indicator that smooths price data to identify the underlying trend. In UVES, the EMA is dynamically colored—green when the current EMA value is above the previous value, indicating an uptrend, and red when below, signaling a downtrend. This visual cue helps traders quickly assess the trend direction without manually calculating or interpreting raw data.
2. **Comprehensive Moving Average Customization:**
- While the EMA is the default moving average in UVES, traders can select from various other moving average types, including Simple Moving Average (SMA), Smoothed Moving Average (SMMA), Weighted Moving Average (WMA), and Volume-Weighted Moving Average (VWMA). Each type offers unique characteristics:
- **SMA:** Provides a simple average of prices over a specified period, suitable for identifying long-term trends.
- **EMA:** Gives more weight to recent prices, making it more responsive to recent market movements.
- **SMMA (RMA):** A slower-moving average that reduces noise, ideal for capturing smoother trends.
- **WMA:** Weighs prices based on their order in the dataset, making recent prices more influential.
- **VWMA:** Integrates volume data, emphasizing price movements that occur with higher volume, making it particularly useful in volume-sensitive markets.
3. **Signal Line for Trend Confirmation:**
- UVES includes an optional signal line, which applies a secondary moving average to the primary EMA. This signal line can be used to smooth out the EMA and confirm trend changes. The signal line’s color changes based on its slope—green for an upward slope and red for a downward slope—providing a clear visual confirmation of trend direction. Traders can adjust the length and type of this signal line, allowing them to tailor the indicator’s responsiveness to their trading strategy.
4. **Buy and Sell Signal Generation:**
- UVES generates explicit buy and sell signals based on the interaction between the EMA and the signal line. A **buy signal** is triggered when the EMA transitions from a red (downtrend) to a green (uptrend), indicating a potential entry point. Conversely, a **sell signal** is triggered when the EMA shifts from green to red, suggesting an exit or shorting opportunity. These signals are displayed directly on the chart as upward or downward arrows, making them easily identifiable even during fast market conditions.
5. **Volume Analysis with Real-Time Buy/Sell Volume Table:**
- One of the standout features of UVES is its integration of volume analysis, which calculates and displays the volume attributed to buying and selling activities. This analysis includes:
- **Buy Volume:** The portion of the total volume associated with price increases (close higher than open).
- **Sell Volume:** The portion of the total volume associated with price decreases (close lower than open).
- **Buy/Sell Ratio:** A ratio of buy volume to sell volume, providing a quick snapshot of market sentiment.
- These metrics are presented in a real-time table positioned in the top-right corner of the chart, with customizable colors and formatting. The table updates with each new bar, offering continuous feedback on the strength and direction of the market trend based on volume data.
6. **Customizable Settings and User Control:**
- **EMA Length and Source:** Traders can specify the lookback period for the EMA, adjusting its sensitivity to price changes. The source for EMA calculations can also be customized, with options such as close, open, high, low, or other custom price series.
- **Signal Line Customization:** The signal line’s length, type, and width can be adjusted to suit different trading strategies, allowing traders to optimize the balance between trend detection and noise reduction.
- **Offset Adjustment:** The offset feature allows users to shift the EMA and signal line forward or backward on the chart. This can help align the indicator with specific price action or adjust for latency in decision-making processes.
- **Volume Table Positioning and Formatting:** The position, size, and color scheme of the volume table are fully customizable, enabling traders to integrate the table seamlessly into their chart setup without cluttering the visual workspace.
7. **Versatility Across Markets and Trading Styles:**
- UVES is designed to be effective across a wide range of financial markets, including Forex, stocks, cryptocurrencies, commodities, and indices. Its adaptability to different markets is supported by its comprehensive customization options and the inclusion of volume analysis, which is particularly valuable in markets where volume plays a crucial role in price movement.
#### **How Different Traders Can Benefit from UVES**
1. **Trend Followers:**
- Trend-following traders will find UVES particularly beneficial for identifying and riding trends. The dynamic EMA and signal line provide clear visual cues for trend direction, while the volume analysis helps confirm the strength of these trends. This combination allows trend followers to stay in profitable trades longer and exit when the trend shows signs of weakening.
2. **Volume-Based Traders:**
- Traders who focus on volume as a key indicator of market strength can leverage the UVES volume table to gain insights into the buying and selling pressure behind price movements. By monitoring the buy/sell ratio, these traders can identify periods of strong conviction (high buy volume) or potential reversals (high sell volume) with greater accuracy.
3. **Scalpers and Day Traders:**
- For traders operating on shorter time frames, UVES provides quick and reliable signals that are essential for making rapid trading decisions. The ability to customize the EMA length and type allows scalpers to fine-tune the indicator for responsiveness, while the volume analysis offers an additional layer of confirmation to avoid false signals.
4. **Swing Traders:**
- Swing traders, who typically hold positions for several days to weeks, can use UVES to identify medium-term trends and potential entry and exit points. The indicator’s ability to filter out market noise through the signal line and volume analysis makes it ideal for capturing significant price movements without being misled by short-term volatility.
5. **Position Traders and Long-Term Investors:**
- Even long-term investors can benefit from UVES by using it to identify major trend reversals or confirm the strength of long-term trends. The flexibility to adjust the EMA and signal line to longer periods ensures that the indicator remains relevant for detecting shifts in market sentiment over extended time frames.
#### **Optimal Settings for Different Markets**
- **Forex Markets:**
- **EMA Length:** 9 to 14 periods.
- **Signal Line:** Use VWMA or WMA for the signal line to incorporate volume data, which is crucial in the highly liquid Forex markets.
- **Best Use:** Short-term trend following, with an emphasis on identifying rapid changes in market sentiment.
- **Stock Markets:**
- **EMA Length:** 20 to 50 periods.
- **Signal Line:** SMA or EMA with a slightly longer length (e.g., 50 periods) to capture broader market trends.
- **Best Use:** Medium to long-term trend identification, with volume analysis confirming the strength of institutional buying or selling.
- **Cryptocurrency Markets:**
- **EMA Length:** 9 to 12 periods, due to the high volatility in crypto markets.
- **Signal Line:** SMMA or EMA for smoothing out extreme price fluctuations.
- **Best Use:** Identifying entry and exit points in volatile markets, with the volume table providing insights into market manipulation or sudden shifts in trader sentiment.
- **Commodity Markets:**
- **EMA Length:** 14 to 21 periods.
- **Signal Line:** WMA or VWMA, considering the impact of trading volume on commodity prices.
- **Best Use:** Capturing medium-term price movements and confirming trend strength with volume data.
#### **Customization for Advanced Users**
- **Advanced Offset Usage:** Traders can experiment with different offset values to see how shifting the EMA and signal line impacts the timing of buy/sell signals. This can be particularly useful in markets with known latency or for strategies that require a delayed confirmation of trend changes.
- **Volume Table Integration:** The position, size, and colors of the volume table can be adjusted to fit seamlessly into any trading setup. For example, a trader might choose to position the table in the bottom-right corner and use a smaller size to keep the focus on price action while still having access to volume data.
- **Signal Filtering:** By combining the signal line with the primary EMA, traders can filter out false signals during periods of low volatility or when the market is range-bound. Adjusting the length of the signal line allows for greater control over the sensitivity of the trend detection.
#### **Conclusion**
The **Uptrick: Volume-Weighted EMA Signal (UVES)** is a powerful and adaptable indicator designed for traders who demand more from their technical analysis tools. By integrating dynamic EMA trend signals with real-time volume analysis, UVES offers a comprehensive view of market conditions, making it an invaluable resource for identifying trends, confirming signals, and understanding market sentiment. Whether you are a day trader, swing trader, or long-term investor, UVES provides the versatility, precision, and customization needed to make more informed and profitable trading decisions. With its ability to adapt to various markets and trading styles, UVES is not just an indicator but a complete trend analysis solution.
Time Zone Box & Alerts (Simplified)### Description
This Pine Script indicator is designed for TradingView and provides functionality for drawing time-based boxes on the chart, as well as generating alerts and labels. It is particularly useful for visualizing specific time ranges within each trading day and managing alerts based on those time intervals.
#### **Features:**
1. **Box Drawing for Specific Time Ranges**:
- **Time Interval Customization**: Allows users to specify the start and end times for the box using inputs (e.g., from 9:30 AM to 12:30 PM). The box will automatically adjust based on these times.
- **Historical Data**: The script calculates the high and low prices within the specified time range and draws a box accordingly. This box will be created for each trading day, capturing all relevant historical data within the defined time interval.
2. **Dynamic Alerts**:
- **Custom Alerts**: Users can define custom alert messages for specific times within the trading day (e.g., before and after the trading range). Alerts are triggered once per bar close at the specified times.
3. **Labels for Key Time Points**:
- **Customizable Labels**: Labels can be added at specific times to indicate important trading actions (e.g., "No Trade," "Open Trade," and "Close Trade"). The text, color, and size of these labels are customizable.
- **Label Display**: Labels appear on the chart at defined times to provide visual cues for trading decisions.
4. **Visual Customization**:
- **Box and Label Colors**: Users can choose colors for the box and labels to match their preferences or trading setup.
- **Box Transparency**: The box can be customized with varying levels of transparency to enhance chart visibility.
#### **Usage:**
1. **Set Up Time Intervals**: Define the start and end times for the box using the input fields. Adjust these settings to fit your trading strategy and time zones.
2. **Adjust Alerts and Labels**: Customize the alert messages and label text to fit your trading plan.
3. **Apply to Chart**: Add the script to your TradingView chart to visualize the time-based boxes, receive alerts, and see the labels.
This script helps traders visually identify significant time ranges within the trading day and receive timely alerts and labels, enhancing their decision-making process.
SP500 RatiosThe "SP500 Ratios" indicator is a powerful tool developed for the TradingView platform, allowing users to access a variety of financial ratios and inflation-adjusted data related to the S&P 500 index. This indicator integrates with Nasdaq Data Link (formerly known as Quandl) to retrieve historical data, providing a comprehensive overview of key financial metrics associated with the S&P 500.
Key Features
Price to Sales Ratio: Quarterly ratio of price to sales (revenue) for the S&P 500.
Dividend Yield: Monthly dividend yield based on 12-month dividend per share.
Price Earnings Ratio (PE Ratio): Monthly price-to-earnings ratio based on trailing twelve-month reported earnings.
CAPE Ratio (Shiller PE Ratio): Monthly cyclically adjusted PE ratio, based on average inflation-adjusted earnings over the past ten years.
Earnings Yield: Monthly earnings yield, the inverse of the PE ratio.
Price to Book Ratio: Quarterly ratio of price to book value.
Inflation Adjusted S&P 500: Monthly S&P 500 level adjusted for inflation.
Revenue Per Share: Quarterly trailing twelve-month sales per share, not adjusted for inflation.
Earnings Per Share: Monthly real earnings per share, adjusted for inflation.
User Configuration
The indicator offers flexibility through user-configurable options. You can choose to display or hide each metric according to your analysis needs. Users can also adjust the line width for better visibility on the chart.
Visualization
The selected data is plotted on the chart with distinct colors for each metric, facilitating visual analysis. A dynamic legend table is also generated in the top-right corner of the chart, listing the currently displayed metrics with their associated colors.
This indicator is ideal for traders and analysts seeking detailed insights into the financial performance and valuations of the S&P 500, while benefiting from the customization flexibility offered by TradingView.
Uptrend & SMAThe "Uptrend and Close to SMA" indicator is designed to help traders identify when the price of a stock is in an uptrend and is trading near its Simple Moving Average (SMA) over a user-defined period. The indicator uses multi-timeframe analysis, allowing the user to select different timeframes for calculating the SMA.
Key Features:
SMA Calculation: The indicator calculates the SMA for a selected timeframe (e.g., daily, weekly, monthly) based on a user-specified period (default is 150 periods).
Multi-Timeframe Options: Users can choose between multiple timeframes (1 day, 1 week, 1 month, 3 months, 6 months, 12 months) to calculate the SMA, providing flexibility in trend analysis.
Proximity Threshold: The indicator includes a proximity threshold in percentage terms, allowing users to define how close the real-time price needs to be to the SMA to trigger a visual alert.
Uptrend Identification: The indicator identifies an uptrend when the real-time price is above the selected SMA.
Visual Alerts: If the price is above the SMA and within the defined proximity threshold, the background color of the chart will change to green, signaling that the stock is in an uptrend and close to the SMA.
Alert Condition: The indicator includes an alert condition that triggers when the price is in an uptrend and within the proximity threshold, allowing traders to be notified when their criteria are met.
Percentage Difference Display: A table displays the percentage difference between the real-time price and the SMA, providing a quick reference to see how far the price is from the SMA in percentage terms.
This indicator is especially useful for traders looking for potential buying opportunities when a stock is trending upwards but still near its moving average, indicating potential continuation or momentum.
Daily Bias Engine | PDH/PDL Range This program is designed to track the previous day range and interactions with the mean threshold on the following day.
The bias strategy is simple:
If you create new range highs over a PDH, you will lean towards calls.
If you create new range lows over a PDL, you will learn towards puts.
If neither event happens, no bias can be determined and therefore no trades taken.
If by 12:00pm there still is no bias determined, it will show moderate strength based on the trend.
Remember, use this strategy to outline your bias and find a cheap entry model to take advantage of.
Multi-Factor StrategyThis trading strategy combines multiple technical indicators to create a systematic approach for entering and exiting trades. The goal is to capture trends by aligning several key indicators to confirm the direction and strength of a potential trade. Below is a detailed description of how the strategy works:
Indicators Used
MACD (Moving Average Convergence Divergence):
MACD Line: The difference between the 12-period and 26-period Exponential Moving Averages (EMAs).
Signal Line: A 9-period EMA of the MACD line.
Usage: The strategy looks for crossovers between the MACD line and the Signal line as entry signals. A bullish crossover (MACD line crossing above the Signal line) indicates a potential upward movement, while a bearish crossover (MACD line crossing below the Signal line) signals a potential downward movement.
RSI (Relative Strength Index):
Usage: RSI is used to gauge the momentum of the price movement. The strategy uses specific thresholds: below 70 for long positions to avoid overbought conditions and above 30 for short positions to avoid oversold conditions.
ATR (Average True Range):
Usage: ATR measures market volatility and is used to set dynamic stop-loss and take-profit levels. A stop loss is set at 2 times the ATR, and a take profit at 3 times the ATR, ensuring that risk is managed relative to market conditions.
Simple Moving Averages (SMA):
50-day SMA: A short-term trend indicator.
200-day SMA: A long-term trend indicator.
Usage: The strategy uses the relationship between the 50-day and 200-day SMAs to determine the overall market trend. Long positions are taken when the price is above the 50-day SMA and the 50-day SMA is above the 200-day SMA, indicating an uptrend. Conversely, short positions are taken when the price is below the 50-day SMA and the 50-day SMA is below the 200-day SMA, indicating a downtrend.
Entry Conditions
Long Position:
-MACD Crossover: The MACD line crosses above the Signal line.
-RSI Confirmation: RSI is below 70, ensuring the asset is not overbought.
-SMA Confirmation: The price is above the 50-day SMA, and the 50-day SMA is above the 200-day SMA, indicating a strong uptrend.
Short Position:
MACD Crossunder: The MACD line crosses below the Signal line.
RSI Confirmation: RSI is above 30, ensuring the asset is not oversold.
SMA Confirmation: The price is below the 50-day SMA, and the 50-day SMA is below the 200-day SMA, indicating a strong downtrend.
Opposite conditions for shorts
Exit Strategy
Stop Loss: Set at 2 times the ATR from the entry price. This dynamically adjusts to market volatility, allowing for wider stops in volatile markets and tighter stops in calmer markets.
Take Profit: Set at 3 times the ATR from the entry price. This ensures a favorable risk-reward ratio of 1:1.5, aiming for higher rewards on successful trades.
Visualization
SMAs: The 50-day and 200-day SMAs are plotted on the chart to visualize the trend direction.
MACD Crossovers: Bullish and bearish MACD crossovers are highlighted on the chart to identify potential entry points.
Summary
This strategy is designed to align multiple indicators to increase the probability of successful trades by confirming trends and momentum before entering a position. It systematically manages risk with ATR-based stop loss and take profit levels, ensuring that trades are exited based on market conditions rather than arbitrary points. The combination of trend indicators (SMAs) with momentum and volatility indicators (MACD, RSI, ATR) creates a robust approach to trading in various market environments.
MACD with 1D Stochastic Confirmation Reversal StrategyOverview
The MACD with 1D Stochastic Confirmation Reversal Strategy utilizes MACD indicator in conjunction with 1 day timeframe Stochastic indicators to obtain the high probability short-term trend reversal signals. The main idea is to wait until MACD line crosses up it’s signal line, at the same time Stochastic indicator on 1D time frame shall show the uptrend (will be discussed in methodology) and not to be in the oversold territory. Strategy works on time frames from 30 min to 4 hours and opens only long trades.
Unique Features
Dynamic stop-loss system: Instead of fixed stop-loss level strategy utilizes average true range (ATR) multiplied by user given number subtracted from the position entry price as a dynamic stop loss level.
Configurable Trading Periods: Users can tailor the strategy to specific market windows, adapting to different market conditions.
Higher time frame confirmation: Strategy utilizes 1D Stochastic to establish the major trend and confirm the local reversals with the higher probability.
Trailing take profit level: After reaching the trailing profit activation level scrip activate the trailing of long trade using EMA. More information in methodology.
Methodology
The strategy opens long trade when the following price met the conditions:
MACD line of MACD indicator shall cross over the signal line of MACD indicator.
1D time frame Stochastic’s K line shall be above the D line.
1D time frame Stochastic’s K line value shall be below 80 (not overbought)
When long trade is executed, strategy set the stop-loss level at the price ATR multiplied by user-given value below the entry price. This level is recalculated on every next candle close, adjusting to the current market volatility.
At the same time strategy set up the trailing stop validation level. When the price crosses the level equals entry price plus ATR multiplied by user-given value script starts to trail the price with EMA. If price closes below EMA long trade is closed. When the trailing starts, script prints the label “Trailing Activated”.
Strategy settings
In the inputs window user can setup the following strategy settings:
ATR Stop Loss (by default = 3.25, value multiplied by ATR to be subtracted from position entry price to setup stop loss)
ATR Trailing Profit Activation Level (by default = 4.25, value multiplied by ATR to be added to position entry price to setup trailing profit activation level)
Trailing EMA Length (by default = 20, period for EMA, when price reached trailing profit activation level EMA will stop out of position if price closes below it)
User can choose the optimal parameters during backtesting on certain price chart, in our example we use default settings.
Justification of Methodology
This strategy leverages 2 time frames analysis to have the high probability reversal setups on lower time frame in the direction of the 1D time frame trend. That’s why it’s recommended to use this strategy on 30 min – 4 hours time frames.
To have an approximation of 1D time frame trend strategy utilizes classical Stochastic indicator. The Stochastic Indicator is a momentum oscillator that compares a security's closing price to its price range over a specific period. It's used to identify overbought and oversold conditions. The indicator ranges from 0 to 100, with readings above 80 indicating overbought conditions and readings below 20 indicating oversold conditions.
It consists of two lines:
%K: The main line, calculated using the formula (CurrentClose−LowestLow)/(HighestHigh−LowestLow)×100 . Highest and lowest price taken for 14 periods.
%D: A smoothed moving average of %K, often used as a signal line.
Strategy logic assumes that on 1D time frame it’s uptrend in %K line is above the %D line. Moreover, we can consider long trade only in %K line is below 80. It means that in overbought state the long trade will not be opened due to higher probability of pullback or even major trend reversal. If these conditions are met we are going to our working (lower) time frame.
On the chosen time frame, we remind you that for correct work of this strategy you shall use 30min – 4h time frames, MACD line shall cross over it’s signal line. The MACD (Moving Average Convergence Divergence) is a popular momentum and trend-following indicator used in technical analysis. It helps traders identify changes in the strength, direction, momentum, and duration of a trend in a stock's price.
The MACD consists of three components:
MACD Line: This is the difference between a short-term Exponential Moving Average (EMA) and a long-term EMA, typically calculated as: MACD Line=12-period EMA−26-period
Signal Line: This is a 9-period EMA of the MACD Line, which helps to identify buy or sell signals. When the MACD Line crosses above the Signal Line, it can be a bullish signal (suggesting a buy); when it crosses below, it can be a bearish signal (suggesting a sell).
Histogram: The histogram shows the difference between the MACD Line and the Signal Line, visually representing the momentum of the trend. Positive histogram values indicate increasing bullish momentum, while negative values indicate increasing bearish momentum.
In our script we are interested in only MACD and signal lines. When MACD line crosses signal line there is a high chance that short-term trend reversed to the upside. We use this strategy on 45 min time frame.
ATR is used to adjust the strategy risk management to the current market volatility. If volatility is low, we don’t need the large stop loss to understand the there is a high probability that we made a mistake opening the trade. User can setup the settings ATR Stop Loss and ATR Trailing Profit Activation Level to realize his own risk to reward preferences, but the unique feature of a strategy is that after reaching trailing profit activation level strategy is trying to follow the trend until it is likely to be finished instead of using fixed risk management settings. It allows sometimes to be involved in the large movements.
Backtest Results
Operating window: Date range of backtests is 2023.01.01 - 2024.08.01. It is chosen to let the strategy to close all opened positions.
Commission and Slippage: Includes a standard Binance commission of 0.1% and accounts for possible slippage over 5 ticks.
Initial capital: 10000 USDT
Percent of capital used in every trade: 30%
Maximum Single Position Loss: -4.79%
Maximum Single Profit: +20.14%
Net Profit: +2361.33 USDT (+44.72%)
Total Trades: 123 (44.72% win rate)
Profit Factor: 1.623
Maximum Accumulated Loss: 695.80 USDT (-5.48%)
Average Profit per Trade: 19.20 USDT (+0.59%)
Average Trade Duration: 30 hours
These results are obtained with realistic parameters representing trading conditions observed at major exchanges such as Binance and with realistic trading portfolio usage parameters.
How to Use
Add the script to favorites for easy access.
Apply to the desired timeframe between 30 min and 4 hours and chart (optimal performance observed on 45 min BTC/USDT).
Configure settings using the dropdown choice list in the built-in menu.
Set up alerts to automate strategy positions through web hook with the text: {{strategy.order.alert_message}}
Disclaimer:
Educational and informational tool reflecting Skyrex commitment to informed trading. Past performance does not guarantee future results. Test strategies in a simulated environment before live implementation
MACD Divergence StrategyStrategy Description: MACD Divergence with SMA Crossover Strategy
Overview:
The MACD Divergence with SMA Crossover Strategy is designed to identify high-probability trading opportunities based on the interaction of the MACD (Moving Average Convergence Divergence) indicator and key moving averages. This strategy focuses on detecting divergences between the MACD line and the signal line, combined with specific conditions related to the 50-period and 800-period SMAs. It ensures that the MACD and signal lines do not cross the zero line between the current and previous divergence points, thereby filtering out weaker signals and enhancing the accuracy of trade entries.
Key Components:
Simple Moving Averages (SMAs):
50-period SMA: A short-term trend indicator that helps identify the prevailing market direction.
800-period SMA: A long-term trend indicator used to gauge the overall market trend.
MACD Indicator:
MACD Line: Represents the difference between the 12-period EMA and the 26-period EMA.
Signal Line: A 9-period EMA of the MACD line.
Histogram: The difference between the MACD line and the signal line, used to visualize the strength of the signal.
Trade Conditions:
Long Position (Buy):
The 50 SMA is above the 800 SMA, indicating a bullish market trend.
The MACD line and signal line are both below zero, signifying a potential bullish reversal.
A bullish divergence is detected when the MACD line crosses above the signal line below zero, without either line crossing the zero level between the current and previous cross.
Short Position (Sell):
The 50 SMA is below the 800 SMA, indicating a bearish market trend.
The MACD line and signal line are both above zero, signaling a potential bearish reversal.
A bearish divergence is detected when the MACD line crosses below the signal line above zero, without either line crossing the zero level between the current and previous cross.
Signal Plotting:
Long Signals: Displayed when the conditions for a bullish divergence and SMA alignment are met, marked with a green upward arrow on the chart.
Short Signals: Displayed when the conditions for a bearish divergence and SMA alignment are met, marked with a red downward arrow on the chart.
Higher Time Frame(HTF)The Higher Time Frame (HTF) will be displayed in a box. You can choose HTF periods from: 15min, 30min, 1hour, 2hour, 3hour, 4hour, 6hour, 8hour, 12hour, 1day, 1week, 2week, 4week, 1month, 2month, 3month, 4month, 6month, and 1year.
An error will occur if you set a period longer than the current candlestick period being displayed. The HTF Box can display a maximum of 500 boxes. There is no guarantee that all combinations of periods will work correctly.
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上位足(Higher Time Frame, HTF) をボックスで表示します。
上位足の期間は、15分 30分 1時間 2時間 3時間 4時間 6時間 8時間 12時間 1日 1週 2週 4週 1月 2月 3月 4月 6月 1年から選べます。
表示しているローソク足の期間より長い期間を設定しないとエラーとなります。
上位足ボックスは最大500個表示することができます。
全ての期間の組み合わせで正しく動くことを保証するものではありません。
Macro Times [Blu_Ju]About ICT Macro Times:
The Inner Circle Trader (ICT) has taught that there are certain time sessions when the Interbank Price Delivery Algorithm (IPDA) is running a macro. The macro itself could be a repricing macro, a consolidation macro, etc. - this depends on where price currently is in relation to its draw. The times the macro is active do not change however, and are always the following (in New York local time):
8:50-9:10 (premarket macro)
9:50-10:10 (AM macro 1)
10:50-11:10 (AM macro 2)
11:50-12:10 (lunch macro)
13:10-13:40 (PM macro)
15:15-15:45 (final hour macro)
Because these times are fixed, traders can anticipate a setup is likely to form in or around these sessions. Setups may involve sweeps of liquidity (highs/lows), repricing to inefficiencies (e.g., fair value gaps), breaker setups, etc. (The specific setup involved is beyond the scope of this script; this script is concerned with visually marking the time sessions only.)
About this Script:
The scope of this script is to visually identify the macro active time sessions. This script draws vertical lines to mark the start and end of the macro time sessions. Optionally, the user can use a background color for the macro session with or without the vertical lines. The user can also toggle on or off any of the macro sessions, if he or she is only interested in certain ones. The user also has the freedom to change the times of the macro sessions if he or she is interested in a different time.
What makes this script unique is that it plots the macro time sessions after midnight for each day, before the real-time bar reaches the macro times. This is advantageous to the trader, as it gives the trader a visual cue that the macro times are approaching. When watching price it is easy to lose track of time, and the purpose of this script is to help the trader maintain where price is in relation to the macro time sessions in a simple, visual way.
FXN - Week and Day Separator midnight open. A simple modification of the regular FXN day separator indicator. It starts the days at 12:00 of the time-zone you select as opposed to the regular 17:00 server time.
Timing - Fx MGKWhat You See:
Session Boxes:
As you observe, the larger purple box represents the Asian Session, spanning from around 22:00 to 06:00 UTC. You notice how it captures the overnight market activity.
The smaller, greyish box marks the London Session, from about 08:00 to 12:00 UTC. You can see how the price action changes during this session.
The New York Session is also indicated, with vertical lines possibly marking the open and close, helping you track movements as the U.S. markets come into play.
High and Low Levels:
Horizontal lines are drawn at the high and low of each session. You can use these as potential support or resistance levels, aiding in your decision-making process.
Vertical Lines:
These lines likely correspond to specific key times, such as session opens or closes. You can quickly identify the transition between sessions, which is crucial for your timing.
Color Coding:
Each session is color-coded, making it easier for you to distinguish between them at a glance. The purple, grey, and additional lines offer a clear visual distinction.
How You Use It:
This indicator is your go-to for understanding how different market sessions affect price action. You’ll use it to:
Recognize important price levels within each session.
Identify potential entry and exit points based on session highs and lows.
Observe how the market transitions from one session to another, giving you insight into the best times to trade.
Customization:
You have the flexibility to adjust the settings. You can change session times to suit your trading hours, modify colors to match your chart theme, and even choose which sessions to display or hide based on your focus.
This tool is designed to enhance your analysis, providing you with a structured view of market sessions. With this indicator, you’re well-equipped to navigate the global markets with greater precision and confidence.
Perfect Order Alert USDJPY/BTCUSD/XAUUSDPerfect Order Alert USDJPY/BTCUSD/XAUUSD 日本語解説は下記
This indicator detects the perfect order of three moving averages and displays on the Panel in an easy-to-understand visual manner whether there is an uptrend, downtrend, or non-trend for each time leg.
This indicator detects perfect orders for the three currency pairs USDJPY/BTCUSD/XAUUSD on the 5-minute, 15-minute, 1-hour, and 4-hour time frames, and displays them on the Panel on the chart, with “▲” for up, “▼” for down, and “ー” for non-trend, so that you can quickly determine the trend. The panel is displayed on the chart.
In order to check for perfect orders without missing them, it is also possible to set up alerts that notify you of all the time frames and currency pairs as well.
Functions
Displaying 4H, 1H, 15M, 5M, up (▲), down (▼), other (-), of USDJPY/BTCUSD/XAUUSD on the panel.
*(By default, 20EMA, 75EMA, and 200EMA are hidden.)
Display position setting of the panel (You can choose from upper left, upper top, upper right, lower left, lower bottom, or lower right).
Panel color and text color change function
The moving average line can be hidden by default.
Moving average period change
Moving average color and thickness can be changed.
EMA/SMA switchable
Alert function - One alert can be set for each currency pair and time frame ▲▼, which is very useful.
Perfect Order Alert
You can use it even if you have a free account with only one alert setting.
To use the alert function, go to the Tradingview default alert settings, select “USDJPY/BTCUSD/XAUUSD” for the top item of conditions, and select “Call Alert() function” in the frame just below it!
_* Supplementary explanation: ＿＿＿＿＿＿＿＿＿＿＿＿
Please note that due to the limitation of the script, only 3 currency pairs and 4 time frames are displayed with 12 items (Panels for currency pairs other than USDJPY/BTCUSD/XAUUSD are also created, but they are indicators for other scripts, so if you are interested in other currency pairs, please use those. If you are interested in other currency pairs, please use them.)
Please note that we may change the functions or delete the indicator itself without prior notice.
Translated with DeepL.com (free version)
Reference image of the setting screenReference image of the setting screen
設定画面参考画像
3本の移動平均線のパーフェクトオーダーを検知し、時間足ごとに上昇トレンドか下降トレンドかノントレンドかを視覚的にわかりやすくPanelに表示するインジゲーターです。
このインジゲーターは、USDJPY/BTCUSD/XAUUSDの３通貨ペアの５分足、15分足、１時間足、４時間足のパーフェクトオーダーを検知して、チャートに表示されるPanelに、上昇は「▲」下降は「▼」ノントレンドは「ー」と、すぐに判断できる表示にしてあります。
パーフェクトオーダーを逃さずチェックできるように、それぞれの時間足や通貨ペアも全てを通知してくれるアラート設定が可能なのも特徴です。
機能紹介
・USDJPY/BTCUSD/XAUUSDの4H,1H,15M,5M,の上昇(▲),下降(▼),その他(-),をパネルに表示
※(デフォルトでは20EMA,75EMA,200EMAの３本で非表示にしてあります）
・パネルの表示位置設定（左上、上、右上、左下、下、右下、から選択できます。）
・パネルの色とテキスト色変更機能
・移動平均線表示非表示機能（デフォルトでは表示OFFにしてあります。）
・移動平均線期間変更
・移動平均線色と太さ変更
・EMA/SMA切り替え可能
・アラート機能ー１つのアラート設定で通貨ペアと時間足▲▼一つ一つを細かく教えてくれるので便利。
※パーフェクト オーダーアラート
無料アカウントで１つしかアラート設定できなくても使えます。
アラート機能はTradingviewデフォルトのアラート設定から、条件の一番上の項目を「USDJPY/BTCUSD/XAUUSD」選択、そのすぐ下の枠に「Alert()関数の呼び出し」を選択でOK！
＿※ 補足説明＿＿＿＿＿＿＿＿＿＿＿＿
・スクリプトの制限の為、３通貨ペアと４つの時間足の１２項目で表示させていますのでご了承ください
(USDJPY/BTCUSD/XAUUSD以外の通貨ペアのPanelも作成していますが別スクリプトのインジゲーターになりますので他の通貨ペアも興味がある方はそちらをお使いください）
・予告なしで機能の変更やインジゲーター自体の削除等行う事もあるかもなのでご了承ください。
Stef's Dollar Volume CounterStef's Dollar Volume Counter is my second script that I've worked on and coded. I am proud of this script because it does something very, very important: it counts the AMOUNT of money traded, not just the amount shares/contracts traded. This is key for understanding where the big and small money is.
This script is totally different from other Volume scripts because it shows the amount of money traded, NOT the shares/contracts/coins etc. Also, more importantly, it is different from other volume indicators in the same space because this script is specifically focused on showcasing specific dollar volume amounts either as a table or as a label.
Here are the 5 key features you can utilize with this:
1. Customizable Gradient Colors for BIG money and SMALL money: Visually distinguishes between high and low dollar volumes. Change the colors as needed in the indicator settings menu.
2. Dollar Volume Counter Table: Positioned at the bottom right of the chart, this table provides quick insights into the highest, lowest, and average dollar volumes over a specified period. You can customize the time period in the settings menu.
3. "Wow! Much Money!" Labels: Highlights the top three recent highest dollar volumes within the visible chart area, emphasizing significant trading periods. Also, it's hilarious :)
4. Customize the period for volume analysis, ranging from 1 to 12 months or more, with the selected timeframe displayed in the table.
5. It opens as a new pane below the chart so that you can still analyze price and more, as needed.
Thanks for reading! I look forward to hearing your feedback. This script will be updated to expand on more concepts and I'll add some cool features soon.
Brooks 18 Bars [KintsugiTrading]Brooks 18 Bars
Overview:
This indicator allows traders to specify a time frame within each trading day and plots lines at the highest and lowest prices recorded during that period. It is particularly useful for identifying key levels of support and resistance within a specified time range.
Features:
User-Defined Time Frame: Traders can input their desired start and end times in a 24-hour format, allowing flexibility to analyze different market sessions.
High and Low Price Levels: The indicator plots lines representing the highest and lowest prices observed within the specified time frame each day.
Clear Visual Representation: The high and low lines are color-coded for easy identification, with the high & low prices in Kintsugi Trading Gold.
How to Use:
Set the Time Frame:
Adjust the "Start Time Hour" and "Start Time Minute" to define the beginning of your desired time frame.
Adjust the "End Time Hour" and "End Time Minute" to define the end of your desired time frame.
Analyze Key Levels:
Al Brooks popularized the following idea and basis for creating this indicator:
On a 5-minute chart, Bar 1 has a 20-30% chance of being the High or Low of the day.
Bar 12 has a 50% chance.
Bar 18 has an 80-90% chance.
Use the plotted lines to identify significant support and resistance levels within your specified time frame. These levels can help inform your trading decisions, such as entry and exit points.
Good luck with your trading!
