The Insider - Hunt Bitcoin CoT DeltaThe Insider - Hunt Bitcoin CoT Delta
The gift of the Squeeze in the Largest 4 open Interest Shorts vs Longs.
Why Bother another CoT signal?
Its different & focused on the Insider's.
Performance -
This Indicator provided a
1. Signal 1 = 26th March 2019 = SUPER LONG at $4,500 that saw a near $14,000 run up
2. Signal 2 = 18th & 24th June 2019 = SHORT at the second & final level $11,700 after repeated attempts & failure in the $13K range, the mini Echo Bitcoin Bull of 2019
3. Signal 3 = 17th December 2019 = LONG $6,900, Bitcoin rallied to Mid $10,500's
4. Signal 4 = 18th Feb 2020 = SUPER SHORT from $9,700's to a final extreme Low of $3,000, calling the CV-19 collapse
5. Signal 5 = 17th March 2020 = LONG from $5,400 no closure point yet
6. Signal 6 = 29th June 2020 = SUPER LONG reiterate from $10,700 no closure sell signal yet
7. Signal 7 = 17th May 2020 = LONG another accumulate LONG with no sell signal yet generated at Post H&S's low of $33,000
Note - This indicator only commences March 2019, as Bitcoin futures were a recent introduction and needed to settle for 6 months in both use and data, no signals were meaningful prior & data was light.
What is Provided. - Please note the need to also add the Hunt Bitcoin Historical Volatility Indicator for full understanding.
We provide 3 things with the 3 indicators.
'Insider' indications from Largest players in the futures market.
1. Bitcoin Macro Buy Signals.
a) The Bitcoin Commitment of Traders results see us focus solely on Largest 4 Short Open Interest & Largest 4 Long Open Interest aspects of the CoT Release data.
When the difference - is tight, a kind of pinch, these have been great Buy signals in Bitcoin.
We call this difference the Delta & When Delta is 5% or less Bitcoin is a Buy.
2. Bitcoin Macro Sells.
a) A sell signal is Triggered in Bitcoin at any point the Largest 4 short OI > or = to 70
3. AMPLIFIER Trade signals 'Super' Longs or Shorts -
Extreme low volatility events leads to highly impulsive & volatile subsequent moves, if either of 1 or 2 above occur, combined with extreme low volatility
a 'Super Long' or 'SUPER SELL' is generated. In the case of the short side, given Bitcoins general expansive and MACRO Bull trend since inception, we seek an additional component
that is an extreme differential/Delta reading between 4 biggest Longs & Shorts OI.
Namely CoT Delta also must be > 47.5%
We also have a Cautionary level, where it is not necessarily a good idea to accumulate Bitcon, as a better opportunity lower may avail itself, see conditions below.
So the required logic explicitly stated below for all Signals.
1. Long - Hunt Bitcoin CoT Delta < or = 5
2. SUPER Long - Hunt Bitcoin CoT Delta < or = 5; and 2 Day Historical Bitcoin Volatility = or < 20
3. Short - Largest 4 Sellers OI = or > 70
4. SUPER Short - Largest 4 Sellers OI = or > 70; AND..
Hunt Bitcoin CoT Delta = or > 47.5 AND 2 Day Historical BTC Volatility = or < 20
5. Caution - Largest 4 Sellers OI = or > 67.5 AND Hunt Bitcoin CoT Delta = or > 45
WARNING SEE Notes Below
Note 1 - = Largest 4 Open Interest Shorts
Note 2 - = Largest 4 Open Interest Longs
Note 3 - = Hunt Cot Delta = (Largest 4 sellers OI) -( Largest 4 Buyers OI)
Caution = Avoid new Bitcoin Accumulation Right Now, A sell signal might follow Enter on next Long
Note 4 - The Hunt Bitcoin COT Delta signal is a Largest 'Insider' Tracking tool based on a segment of Commitment of Traders data on Bitcoin Futures, released once a week on a Friday.
It is a Macro Timeframe signal , and should not be used for Day trading and Short Timeframe analysis , Entries may be optimised after a Hunt Bitcoin CoT Signal is generated by separate shorter Timeframe analysis.
Note 5 - The Historical Bitcoin Volatility is an additional 'Amplifier' component to the 'Hunt Bitcoin Cot Delta' Insider Signal
Note 6 - The Historical Bitcoin Volatility criteria varies by timeframe, the above levels are those applying on a Two Day TF Chart, select this custom timeframe in Trading View.
if additional criteria are met for LONG & SHORT insider signals, they may become 'Super Longs/Shorts', see conditions box above.
Cerca negli script per "Futures"
The Signal - Hunt Bitcoin CoT Buy/SellThe Signal - Hunt Bitcoin CoT Buy/Sell
Why Bother with another CoT signal?
Its different & focused on the Insider's. The Largest 4 Open Interest Seller and the Largest 4 open Interest Longs, plus the distance they are apart, the Delta, what does high percentage of Largest 4 sellers mean with a low 4 OI Buyers. , what when the usually higher Sellers are low and the largest 4 buyers almost the same value , Time to track the insiders Delta..
Performance -
This Indicator provided a
1. Signal 1 = 26th March 2019 = SUPER LONG at $4,500 that saw a near $14,000 run up
2. Signal 2 = 18th & 24th June 2019 = SHORT at the second & final level $11,700 after repeated attempts & failure in the $13K range, the mini Echo Bitcoin Bull of 2019
3. Signal 3 = 17th December 2019 = LONG $6,900, Bitcoin rallied to Mid $10,500's
4. Signal 4 = 18th Feb 2020 = SUPER SHORT from $9,700's to a final extreme Low of $3,000, calling the CV-19 collapse
5. Signal 5 = 17th March 2020 = LONG from $5,400 no closure point yet
6. Signal 6 = 29th June 2020 = SUPER LONG reiterate from $10,700 no closure sell signal yet
7. Signal 7 = 17th May 2020 = LONG another accumulate LONG with no sell signal yet generated at Post H&S's low of $33,000
Note - This indicator only commences March 2019, as Bitcoin futures were a recent introduction and needed to settle for 6 months in both use and data, no signals were meaningful prior & data was light.
What is Provided. - Please note the need to also add the Hunt Bitcoin Historical Volatility Indicator for full understanding.
We provide 3 things with the 3 indicators.
'Insider' indications from Largest players in the futures market.
1. Bitcoin Macro Buy Signals.
a) The Bitcoin Commitment of Traders results see us focus solely on Largest 4 Short Open Interest & Largest 4 Long Open Interest aspects of the CoT Release data.
When the difference - is tight, a kind of pinch, these have been great Buy signals in Bitcoin.
We call this difference the Delta & When Delta is 5% or less Bitcoin is a Buy.
2. Bitcoin Macro Sells.
a) A sell signal is Triggered in Bitcoin at any point the Largest 4 short OI > or = to 70
3. AMPLIFIER Trade signals 'Super' Longs or Shorts -
Extreme low volatility events leads to highly impulsive & volatile subsequent moves, if either of 1 or 2 above occur, combined with extreme low volatility
a 'Super Long' or 'SUPER SELL' is generated. In the case of the short side, given Bitcoins general expansive and MACRO Bull trend since inception, we seek an additional component
that is an extreme differential/Delta reading between 4 biggest Longs & Shorts OI.
Namely CoT Delta also must be > 47.5%
We also have a Cautionary level, where it is not necessarily a good idea to accumulate Bitcon, as a better opportunity lower may avail itself, see conditions below.
So the required logic explicitly stated below for all Signals.
1. Long - Hunt Bitcoin CoT Delta < or = 5
2. SUPER Long - Hunt Bitcoin CoT Delta < or = 5; and 2 Day Historical Bitcoin Volatility = or < 20
3. Short - Largest 4 Sellers OI = or > 70
4. SUPER Short - Largest 4 Sellers OI = or > 70; AND..
Hunt Bitcoin CoT Delta = or > 47.5 AND 2 Day Historical BTC Volatility = or < 20
5. Caution - Largest 4 Sellers OI = or > 67.5 AND Hunt Bitcoin CoT Delta = or > 45
WARNING SEE Notes Below
Note 1 - = Largest 4 Open Interest Shorts
Note 2 - = Largest 4 Open Interest Longs
Note 3 - = Hunt Cot Delta = (Largest 4 sellers OI) -( Largest 4 Buyers OI)
Caution = Avoid new Bitcoin Accumulation Right Now, A sell signal might follow Enter on next Long
Note 4 - The Hunt Bitcoin COT Delta signal is a Largest 'Insider' Tracking tool based on a segment of Commitment of Traders data on Bitcoin Futures, released once a week on a Friday.
It is a Macro Timeframe signal , and should not be used for Day trading and Short Timeframe analysis , Entries may be optimised after a Hunt Bitcoin CoT Signal is generated by separate shorter Timeframe analysis.
Note 5 - The Historical Bitcoin Volatility is an additional 'Amplifier' component to the 'Hunt Bitcoin Cot Delta' Insider Signal
Note 6 - The Historical Bitcoin Volatility criteria varies by timeframe, the above levels are those applying on a Two Day TF Chart, select this custom timeframe in Trading View.
if additional criteria are met for LONG & SHORT insider signals, they may become 'Super Longs/Shorts', see conditions box above.
The Amplifier - Two Day Historical Bitcoin Volatility PlotThe 3rd piece to the other two pieces to our CoT study. This is the Amplifier, which turns select signals into 'Super' Buys/Sells
The other two being the 'Bitcoin Insider CoT Delta', and the on chart Price indicator most will have, if no others the 'Hunt Bitcoin CoT Buy/Sell Signals' that will indicate the key signals, ave 4 a year on the chart as they occur.
Why Bother another CoT signal?
Its different & focused on the Insider's.
Performance -
This Indicator provided a
1. Signal 1 = 26th March 2019 = SUPER LONG at $4,500 that saw a near $14,000 run up
2. Signal 2 = 18th & 24th June 2019 = SHORT at the second & final level $11,700 after repeated attempts & failure in the $13K range, the mini Echo Bitcoin Bull of 2019
3. Signal 3 = 17th December 2019 = LONG $6,900, Bitcoin rallied to Mid $10,500's
4. Signal 4 = 18th Feb 2020 = SUPER SHORT from $9,700's to a final extreme Low of $3,000, calling the CV-19 collapse
5. Signal 5 = 17th March 2020 = LONG from $5,400 no closure point yet
6. Signal 6 = 29th June 2020 = SUPER LONG reiterate from $10,700 no closure sell signal yet
7. Signal 7 = 17th May 2020 = LONG another accumulate LONG with no sell signal yet generated at Post H&S's low of $33,000
Note - This indicator only commences March 2019, as Bitcoin futures were a recent introduction and needed to settle for 6 months in both use and data, no signals were meaningful prior & data was light.
What is Provided. - Please note the need to also add the Hunt Bitcoin Historical Volatility Indicator for full understanding.
We provide 3 things with the 3 indicators.
'Insider' indications from Largest players in the futures market.
1. Bitcoin Macro Buy Signals.
a) The Bitcoin Commitment of Traders results see us focus solely on Largest 4 Short Open Interest & Largest 4 Long Open Interest aspects of the CoT Release data.
When the difference - is tight, a kind of pinch, these have been great Buy signals in Bitcoin.
We call this difference the Delta & When Delta is 5% or less Bitcoin is a Buy.
2. Bitcoin Macro Sells.
a) A sell signal is Triggered in Bitcoin at any point the Largest 4 short OI > or = to 70
3. AMPLIFIER Trade signals 'Super' Longs or Shorts -
Extreme low volatility events leads to highly impulsive & volatile subsequent moves, if either of 1 or 2 above occur, combined with extreme low volatility
a 'Super Long' or 'SUPER SELL' is generated. In the case of the short side, given Bitcoins general expansive and MACRO Bull trend since inception, we seek an additional component
that is an extreme differential/Delta reading between 4 biggest Longs & Shorts OI.
Namely CoT Delta also must be > 47.5%
We also have a Cautionary level, where it is not necessarily a good idea to accumulate Bitcon, as a better opportunity lower may avail itself, see conditions below.
So the required logic explicitly stated below for all Signals.
1. Long - Hunt Bitcoin CoT Delta < or = 5
2. SUPER Long - Hunt Bitcoin CoT Delta < or = 5; and 2 Day Historical Bitcoin Volatility = or < 20
3. Short - Largest 4 Sellers OI = or > 70
4. SUPER Short - Largest 4 Sellers OI = or > 70; AND..
Hunt Bitcoin CoT Delta = or > 47.5 AND 2 Day Historical BTC Volatility = or < 20
5. Caution - Largest 4 Sellers OI = or > 67.5 AND Hunt Bitcoin CoT Delta = or > 45
WARNING SEE Notes Below
Note 1 - = Largest 4 Open Interest Shorts
Note 2 - = Largest 4 Open Interest Longs
Note 3 - = Hunt Cot Delta = (Largest 4 sellers OI) -( Largest 4 Buyers OI)
Caution = Avoid new Bitcoin Accumulation Right Now, A sell signal might follow Enter on next Long
Note 4 - The Hunt Bitcoin COT Delta signal is a Largest 'Insider' Tracking tool based on a segment of Commitment of Traders data on Bitcoin Futures, released once a week on a Friday.
It is a Macro Timeframe signal , and should not be used for Day trading and Short Timeframe analysis , Entries may be optimised after a Hunt Bitcoin CoT Signal is generated by separate shorter Timeframe analysis.
Note 5 - The Historical Bitcoin Volatility is an additional 'Amplifier' component to the 'Hunt Bitcoin Cot Delta' Insider Signal
Note 6 - The Historical Bitcoin Volatility criteria varies by timeframe, the above levels are those applying on a Two Day TF Chart, select this custom timeframe in Trading View.
if additional criteria are met for LONG & SHORT insider signals, they may become 'Super Longs/Shorts', see conditions box above.
Hunt Bitcoin CoT Buy/Sell signalWhy Bother another CoT signal?
Its different & focused on the Insider's.
Performance -
This Indicator provided a
1. Signal 1 = 26th March 2019 = SUPER LONG at $4,500 that saw a near $14,000 run up
2. Signal 2 = 18th & 24th June 2019 = SHORT at the second & final level $11,700 after repeated attempts & failure in the $13K range, the mini Echo Bitcoin Bull of 2019
3. Signal 3 = 17th December 2019 = LONG $6,900, Bitcoin rallied to Mid $10,500's
4. Signal 4 = 18th Feb 2020 = SUPER SHORT from $9,700's to a final extreme Low of $3,000, calling the CV-19 collapse
5. Signal 5 = 17th March 2020 = LONG from $5,400 no closure point yet
6. Signal 6 = 29th June 2020 = SUPER LONG reiterate from $10,700 no closure sell signal yet
7. Signal 7 = 17th May 2020 = LONG another accumulate LONG with no sell signal yet generated at Post H&S's low of $33,000
Note - This indicator only commences March 2019, as Bitcoin futures were a recent introduction and needed to settle for 6 months in both use and data, no signals were meaningful prior & data was light.
What is Provided. - Please note the need to also add the Hunt Bitcoin Historical Volatility Indicator for full understanding.
We provide 3 things with the 3 indicators.
'Insider' indications from Largest players in the futures market.
1. Bitcoin Macro Buy Signals.
a) The Bitcoin Commitment of Traders results see us focus solely on Largest 4 Short Open Interest & Largest 4 Long Open Interest aspects of the CoT Release data.
When the difference - is tight, a kind of pinch, these have been great Buy signals in Bitcoin.
We call this difference the Delta & When Delta is 5% or less Bitcoin is a Buy.
2. Bitcoin Macro Sells.
a) A sell signal is Triggered in Bitcoin at any point the Largest 4 short OI > or = to 70
3. AMPLIFIER Trade signals 'Super' Longs or Shorts -
Extreme low volatility events leads to highly impulsive & volatile subsequent moves, if either of 1 or 2 above occur, combined with extreme low volatility
a 'Super Long' or 'SUPER SELL' is generated. In the case of the short side, given Bitcoins general expansive and MACRO Bull trend since inception, we seek an additional component
that is an extreme differential/Delta reading between 4 biggest Longs & Shorts OI.
Namely CoT Delta also must be > 47.5%
We also have a Cautionary level, where it is not necessarily a good idea to accumulate Bitcon, as a better opportunity lower may avail itself, see conditions below.
So the required logic explicitly stated below for all Signals.
1. Long - Hunt Bitcoin CoT Delta < or = 5
2. SUPER Long - Hunt Bitcoin CoT Delta < or = 5; and 2 Day Historical Bitcoin Volatility = or < 20
3. Short - Largest 4 Sellers OI = or > 70
4. SUPER Short - Largest 4 Sellers OI = or > 70; AND..
Hunt Bitcoin CoT Delta = or > 47.5 AND 2 Day Historical BTC Volatility = or < 20
5. Caution - Largest 4 Sellers OI = or > 67.5 AND Hunt Bitcoin CoT Delta = or > 45
WARNING SEE Notes Below
Note 1 - = Largest 4 Open Interest Shorts
Note 2 - = Largest 4 Open Interest Longs
Note 3 - = Hunt Cot Delta = (Largest 4 sellers OI) -( Largest 4 Buyers OI)
Caution = Avoid new Bitcoin Accumulation Right Now, A sell signal might follow Enter on next Long
Note 4 - The Hunt Bitcoin COT Delta signal is a Largest 'Insider' Tracking tool based on a segment of Commitment of Traders data on Bitcoin Futures, released once a week on a Friday.
It is a Macro Timeframe signal , and should not be used for Day trading and Short Timeframe analysis , Entries may be optimised after a Hunt Bitcoin CoT Signal is generated by separate shorter Timeframe analysis.
Note 5 - The Historical Bitcoin Volatility is an additional 'Amplifier' component to the 'Hunt Bitcoin Cot Delta' Insider Signal
Note 6 - The Historical Bitcoin Volatility criteria varies by timeframe, the above levels are those applying on a Two Day TF Chart, select this custom timeframe in Trading View.
if additional criteria are met for LONG & SHORT insider signals, they may become 'Super Longs/Shorts', see conditions box above.
Hunt Bitcoin CoT Open Interest DeltaWhy Bother another CoT signal?
Its different & focused on the Insider's.
Performance -
This Indicator provided a
1. Signal 1 = 26th March 2019 = SUPER LONG at $4,500 that saw a near $14,000 run up
2. Signal 2 = 18th & 24th June 2019 = SHORT at the second & final level $11,700 after repeated attempts & failure in the $13K range, the mini Echo Bitcoin Bull of 2019
3. Signal 3 = 17th December 2019 = LONG $6,900, Bitcoin rallied to Mid $10,500's
4. Signal 4 = 18th Feb 2020 = SUPER SHORT from $9,700's to a final extreme Low of $3,000, calling the CV-19 collapse
5. Signal 5 = 17th March 2020 = LONG from $5,400 no closure point yet
6. Signal 6 = 29th June 2020 = SUPER LONG reiterate from $10,700 no closure sell signal yet
7. Signal 7 = 17th May 2020 = LONG another accumulate LONG with no sell signal yet generated at Post H&S's low of $33,000
Note - This indicator only commences March 2019, as Bitcoin futures were a recent introduction and needed to settle for 6 months in both use and data, no signals were meaningful prior & data was light.
What is Provided. - Please note the need to also add the Hunt Bitcoin Historical Volatility Indicator for full understanding.
We provide 3 things with the 3 indicators.
'Insider' indications from Largest players in the futures market.
1. Bitcoin Macro Buy Signals.
a) The Bitcoin Commitment of Traders results see us focus solely on Largest 4 Short Open Interest & Largest 4 Long Open Interest aspects of the CoT Release data.
When the difference - is tight, a kind of pinch, these have been great Buy signals in Bitcoin.
We call this difference the Delta & When Delta is 5% or less Bitcoin is a Buy.
2. Bitcoin Macro Sells.
a) A sell signal is Triggered in Bitcoin at any point the Largest 4 short OI > or = to 70
3. AMPLIFIER Trade signals 'Super' Longs or Shorts -
Extreme low volatility events leads to highly impulsive & volatile subsequent moves, if either of 1 or 2 above occur, combined with extreme low volatility
a 'Super Long' or 'SUPER SELL' is generated. In the case of the short side, given Bitcoins general expansive and MACRO Bull trend since inception, we seek an additional component
that is an extreme differential/Delta reading between 4 biggest Longs & Shorts OI.
Namely CoT Delta also must be > 47.5%
We also have a Cautionary level, where it is not necessarily a good idea to accumulate Bitcon, as a better opportunity lower may avail itself, see conditions below.
So the required logic explicitly stated below for all Signals.
1. Long - Hunt Bitcoin CoT Delta < or = 5
2. SUPER Long - Hunt Bitcoin CoT Delta < or = 5; and 2 Day Historical Bitcoin Volatility = or < 20
3. Short - Largest 4 Sellers OI = or > 70
4. SUPER Short - Largest 4 Sellers OI = or > 70; AND..
Hunt Bitcoin CoT Delta = or > 47.5 AND 2 Day Historical BTC Volatility = or < 20
5. Caution - Largest 4 Sellers OI = or > 67.5 AND Hunt Bitcoin CoT Delta = or > 45
WARNING SEE Notes Below
Note 1 - = Largest 4 Open Interest Shorts
Note 2 - = Largest 4 Open Interest Longs
Note 3 - = Hunt Cot Delta = (Largest 4 sellers OI) -( Largest 4 Buyers OI)
Caution = Avoid new Bitcoin Accumulation Right Now, A sell signal might follow Enter on next Long
Note 4 - The Hunt Bitcoin COT Delta signal is a Largest 'Insider' Tracking tool based on a segment of Commitment of Traders data on Bitcoin Futures, released once a week on a Friday.
It is a Macro Timeframe signal , and should not be used for Day trading and Short Timeframe analysis , Entries may be optimised after a Hunt Bitcoin CoT Signal is generated by separate shorter Timeframe analysis.
Note 5 - The Historical Bitcoin Volatility is an additional 'Amplifier' component to the 'Hunt Bitcoin Cot Delta' Insider Signal
Note 6 - The Historical Bitcoin Volatility criteria varies by timeframe, the above levels are those applying on a Two Day TF Chart, select this custom timeframe in Trading View.
if additional criteria are met for LONG & SHORT insider signals, they may become 'Super Longs/Shorts', see conditions box above.
RSI Classic Strategy (by Coinrule)One of the questions hobbyist traders more often ask is: what is the perfect trading indicator?
Every indicator is just a tool, so its efficiency is proportional to your ability to read its signals and translate them into an actionable trading strategy. The RSI is likely the most flexible and easy to use among the technical indicators.
This trading strategy tries to catch short-term swings on the coins of your choice with a simple yet profitable setup.
Buy when the RSI is lower than 30 (you can adjust it to 35 in times of steep uptrend).
Sell when the RSI is greater than 65 (the target may range between 60 and 75 depending on the volatility of the coin).
Note that the buy signal comes when the indicator crosses below 30 and not when it crosses above 30 as it happens on the built-in RSI strategy on Tradingview.
The present script overperforms the built-in strategy, even adding trading fees and using a lower amount of capital for each trade (30%). That means that the system can deliver higher net-profits with lower risk levels.
A typical example of market conditions where this strategy works perfectly is as follows.
The first initial breakout indicates that a new leg up in the trend may start. Bitcoin starts to trade within a range which you can identify when it reaches the point 3. That is the perfect time to start the rule because
- trading within a channel anticipates possible swings up and down
- the trend is on the upside, providing low downside risk in buying the dips.
This strategy works well with selected coins of your choice, and it's a great fit on leverage exchanges like Binance Futures.
If you prefer to run it across all available coins on the market, instead, you may choose an optimized version.
Normalized Volatility IndicatorFrom an article by Rajesh Kayakkal:
"Early bear phase signals can help you get out of the market before it turns down. This indicator tells you how.
There are many ways to identify the trend of a financial market, the most common being the 200-day exponential moving average (Ema). When price is trending down below the 200-day Ema, the market is believed to be in a bear phase. If the market is trending up above the 200-day Ema, it is considered to be in a bull phase.
Since every indicator fails at times, I wanted to find other indicators to confirm a trend. In my quest for another indicator to determine the trend for the financial markets, I found the Cboe Volatility Index (Vix) to be a good indicator of the market direction. The Vix is calculated from the weighted average of the implied volatilities of various options on the Standard & Poor’s 500 index futures.
J. Welles Wilder’s average true range can also give an indication of the financial market trends; that is, when the market is in a bull phase, the average true range narrows, and when it is in a bear phase, the average true range expands. The normalized volatility indicator (Nvi) is based on this behavior.
Normalized volatility indicator (Nvi)
Average true range (Atr) varies depending on time. But how do we determine the phase of the financial market with Atr? Perhaps some type of ratio could give us a clue. A ratio presents a relationship of a quantity with respect to another. I did some research based on a ratio of the 64-day average true range and the end-of-day value of equity indexes such as the Standard & Poor’s 500 (Spx). I selected the 64-day period since it is close to the average number of trading days in a quarter. The ratio of the 64-day average true range and closing price does discount seasonal variations in the average true range and gives a single number that can be used to compare volatility of an instrument across many decades. I call this ratio the normalized volatility indicator.
I found an interesting correlation between Nvi and cycles of major equity market indexes. The formula for the Nvi is:
Nvi = 64 - Day average true range/End-of-day price * 100
The NVI gave advanced signals before the cyclical bear phase of SPX commenced in October 2000 and was almost on the spot with the bull phase that began in 2003 and the current secular bear market cycle, which started in November 2007."
Includes options to show inverse NVI and change the ATR length and smoothing.
Equity Index Overnight FakeoutThis script highlights when price violates the highest high or lowest low within the user's selected lookback period, with the caveat that it occurs during the GLOBEX session. The script is designed to work exclusively with the trading hours for CME and CBOT Equity Index futures. I'm planning to make a more customizable version down the line.
My reasoning behind this very simple script is that the low liquidity and participation of the overnight session creates a tendency for moves at extremes to mean revert. Let me know what you think.
Bitcoin Binance Sentiment IndexThe divergence of the price between the futures and spot markets for perpetual contracts could be a gauge of sentiment on a traded cryptoasset.
Sentiment analysis could be used to improve the the predictive value of technical and fundamental analysis.
The price of the perpetual contract is divided by the spot price for Bitcoin on Binance and two simple moving averages of this ratio are plotted together. For graphical purposes, the ratio between the two prices has been multiplied by 100. The moving averages were chosen arbitrarily and can be changed. Values above 100 mean that the average price of the futures over the last x periods was above the spot price over the same period. Conversely, values below 100 mean that the mean price of the futures over the last x periods was below the spot price over the same period. The indicator has been created for a daily timeframe.
This indicator is clearly intended for educational purposes only and does not constitute investment advice.
If you are interested in updates on this indicator or interested on sentiment analysis, put a like, subscribe or contact me in pm.
BIO
Relative Strength Index of EU and US Stock Index Trends quality//Relative Strength Index of European and US Stock Index Trends quality
//This indicator reveals the relative strength of European and US stock index futures.
//take Bull trend as an example , the current closed price>EMA20 value and the current closed price >20th previous bar closed price( deduction price),
//it's defined as a lower level bull trend .If the current price EMA20>EMA60, it's defined as a higher level bull trend .If the EMA20>EMA60>EMA120,it's defined as the highest level bull trend.
//You can choose to draw the curve with the deviation rate of the original major indexes to 20EMA, or draw the deviation rate with the average value (default value is 5 bars).
//In addition, a more technical method is added to analyze the deviation changes of the major indexes.The deviation rate changing velocity value, parameter tan (abbreviated by t) of 1, 2, 5, 10 is introduced.
//You can have the option of calculate the tan using average value of 5 candlesticks or original value.
//Taking tan1 as an example, it indicates how much the deviation rate between the current price and the previous candlestick has changed.
//The indicator of the index color and the description of the trend quality color can be switched off in option.
//In addition, this code color scheme is only suitable for black background (the code color needs to be changed by yourself if you use white background).
CompareThis indicator compare(Futures Price / Spot Price) futures and spot prices of an asset.
This indicator is made to work with crypto assets mainly.
Inputs:
1. Auto Symbols Selection: Select the symbols for comparision from the selected chart symbol (This option only works with Binance futures symbols)
2. Symbol 1: Symbol 1 for comparison
3. Symbol 2: Symbol 2 for comparison
4. Timeframe: Timeframe for comparison
Happy trading.
Turtle N NormalizedSimple script that calculates the normalized value of N. Rules taken from an online PDF containing the original Turtle system:
"The Turtles used a volatility-based constant percentage risk position sizing algorithm. The Turtles used a concept that Richard Dennis and Bill Eckhardt called N to represent the underlying volatility of a particular market.
N is simply the 20-day exponential moving average of the True Range, which is now more commonly known as the ATR. Conceptually, N represents the average range in price movement that a particular market makes in a single day, accounting for opening gaps. N was measured in the same points as the underlying contract.
The Turtles built positions in pieces which we called Units. Units were sized so that 1 N represented 1% of the account equity. Thus, a unit for a given market or commodity can be calculated using the following formula:
Unit = 1% of Account/(N x Dollars per Point)"
To normalize the Unit formula, this script instead takes the value of (close/N). Dollars per point = 1 for stocks and crypto, but will change depending on the contract specifications for individual futures.
"Since the Turtles used the Unit as the base measure for position size, and since those units were volatility risk adjusted, the Unit was a measure of both the risk of a position, and of the entire portfolio of positions."
When the value of N is high, volatility is low and you should be more risk-on.
When the value of N is low, volatility is high and you should be more risk-off.
Donchian Channel Strategy [for free bot]
I present to you a script for testing the Donchian channel breakout strategy for the Binance_exchange.
This strategy is trending, and is especially effective for trading cryptocurrency futures.
This strategy is very flexible, and you can configure virtually all possible parameters, moreover, separately for longs and separately for shorts.
In the script, you can configure the parameters of the channel for entry and exit, the exit method, enable or disable purchases / sales, specify take profit and stop loss, and more.
On the example of optimization, only 20% of the deposit is used. This is done for diversification, since there are 37 contracts on binance_futures (at the time of writing the script description). That is, by optimizing the parameters for different currencies, you can very well reduce risks.
Представляю Вам скрипт для тестирования стратегии пробоя канала Дончиана для биржи Бинанс.
Данная стратегия относится к трендовым, и особенно эффективная на торговли криптовалютных фьючерсов.
Данная стратегия очень гибкая, и можно настроить фактически все возможные параметры, при чем, отдельно для покупок и отдельно для продаж.
В скрипте можно настроить параметры канала на вход и на выход, метод выхода, разрешить или запретить покупки/проаджи, указать тейк-профит и стоп-лосс и другое.
На примере оптимизации используется всего 20% от депозита. Это сделано для диверсификации, так как на фьючерсах бинансе присутсвует 37 контрактов (на момент написания описания скрипта). Т.е., оптимизировав параметры под разные валюты, можно очень хорошо снизить риски.
Noldo Blockchain Cryptocurrency Indicator
Hello, this script has the same logic as Noldo CFTC COT Forex Indicator :
And Noldo CFTC COT Commodities Indicator :
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Script briefly calculates the period length between two signals of Pivot Reversal Strategy when new signal arrives and allows us to see relative Blockchain data and price changes of Major Cryptocurrencies over that automatic length.
This saves us from the hassle and time wasting of searching for a reference point.
Usage
This script works only on all Bitcoin / U.S Dollar pairs and futures.
It only works on 1W graphics.
ICOT data are pulled via Quandl
NOTE :
Since blockchain data is very votalile, 7-day ema values are adjusted to take into account.
Regards.
Terminal : USD Based Stock Markets Change (%)Hello.
This script is a simple USD Based Stock Markets Change (%) Data Terminal.
You can also set the period to look back manually in the menu.
In this way, an idea can be obtained about Countries' Stock Markets.
And you can observe the stock exchanges of relatively positive and negative countries from others.
Features
Value changes on a percentage basis (%)
Stock exchange values are calculated in dollar terms.
Due to the advantage of movement, future data were chosen instead of spot values on the required instruments.
Stock Markets
Usa : S&P 500 Futures
Japan: Nikkei 225 Futures
England: United Kingdom ( FTSE ) 100
Australia: Australia 200
Canada: S&P / TSX Composite
Switzerland: Swiss Market Index
New Zealand: NZX 50 Index
China: SSE Composite (000001)
Denmark: OMX Copenhagen 25 Index
Hong-Kong: Hang Seng Index Futures
India: Nifty 50
Norway: Oslo Bors All Share Index
Russia: MOEX Russia Index
Sweden: OMX Stockholm Index
Singapore: Singapore 30
Turkey: BIST 100
South Africa: South Africa Top 40 Index
Spain: IBEX 35
France: CAC 40
Italy: FTSE MIB Index
Netherlands: Netherlands 25
Germany : DAX
Regards.
CBG Key Numbers v6Here is my opening range, key numbers indicator. It takes the Opening Range (5 minutes by default) and then plots the opening range and up to 7 extensions of that range above and below.
It's amazing how the OR is stamped up on the rest of the day's price movements.
2 strategies (at least) are to play the OR range breakout and to fade when price hits an extreme range.
You have total control over how you set up the various lines and colors.
If you start overlaying the trading day with the OR and it's extensions, you will see amazing patterns become clear. For example, the pump and reverse. This is where price pumps right out of the opening and then reverses later in the morning.
I have the opening price set to big circles as this is one of the most important reference points during the day.
Important: For some reason, the 9:30 am time Opening acts differently for equities and futures . For equities, you can set the time values to 0930. But for futures , to capture the Open at 9:30, you have to set the time values to start at 0830. I haven't been able to find a better solution but setting the times manually works. Make sure to set all the time values on the Options screen.
There is one more setting of interest. It is called IB Target Amount. This is a number above and below the opening range that I have observed price to hit whenever there's a breakout. This will allow you to predict a price target on breakouts. For SPY , I have found that price usually breaks out to at least 50 cents. On ES futures , it's 6 dollars. This can help you lock in 10% and 20% when trading options and is a great tool. That's why I have it so prominent in red. You will also see price return to this level during the day and act as support or resistance.
Please disregard the red and green shaded rectangles. They are my own support and resistance zones and TV wouldn't let me hide them from the picture. :-)
I mostly use this on a 5 minute chart but any timeframe will work.
Open Interest Market Facilitation IndexOriginal script from ChartChampions :
Let's start.
This script was created by using Open Interest instead of Volume in the Market Facilitation Index.
Thus, it can make a difference in the Future and CFD Markets.
If your financial instrument is not from these markets, that is, if Open Interest is not used, you can choose Volume.
You can set "FUTURES" and "OTHERS" from the menu.
If you use the Open Interest (FUTURES) option in the menu on 1W bars and defined Future markets, it will not repaint.
This is the best use for Open Interests, as data is extracted from Quandl and CFTC COT reports are published once a week.
Color Change Rules :
In my version :
Green Bars = Green
Fade Bars = Orange
Fake Bars = Blue
Squat Bars = Red
To show the difference in the presentation, both the Futures option using Open Interest and the Others option using Volume were published to compare.
You can observe the difference.
Best regards.
plot CFTC COT disaggregated dataCFTC COT data is exported by quandl.com to tradingview
COT@quandl:
www.quandl.com
COT@tradingview
www.tradingview.com
How to use this script:
Select and load CFTC COT data for the commodity ticker in the chart
Will by default take current ticker, or allow to avvverride it with another
Traders' categories are those for commodities, not financial futs
Select And Configure :
-categories to be plotted
-Futures/Futures+Options
-by num_contracts/percent
-plot"Tot Spreads %" selection when also "Show as % of OI" selected
This script supercedes my other "MY_ CFTC GC/SI/CL (Disaggregated)" script
Delay Estimatorthis script can be used to adjust one of the free realtime tickers (such as SPX500, NAS100) to "look" like one of the delayed futures tickers (such as ES1!, NQ1!). This basically allows us to get an estimate of the realtime futures ticker price.
it uses bollinger bands to adjust the volatility and offset of the realtime ticker
it also provides a decimator to reduce the price into ticks, since futures often use 4 ticks per point
(CRISIS) BTC money flow oscilator V0.1Modified version of Ricado Santos' money flow oscilator.
now featuring 3 oscilators. Makes it easier to obseerve when dumps/pumps are targeting OKC futures contracts or just looking for divergences.
1x Aggregate of OKcoin:BTCCNY, Houbi:BTCCNY & Bitfinex:BTCUSD (Orange)
1X OKcoin 1 Week futures (pink)
1x OKcoin 3 Month futures (purple)
Herrick Payoff IndexThe Herrick Payoff Index is designed to show the amount of money flowing into or out of a futures contract. The Index uses open interest during its calculations, therefore, the security being analyzed must contain open interest.
The Herrick Payoff Index was developed by John Herrick.When the Herrick Payoff Index is above zero, it shows that money is flowing into the futures contract (which is bullish). When the Index is below zero, it shows that money is flowing out of the futures contract (which is bearish).
The interpretation of the Herrick Payoff Index involves looking for divergences between the Index and prices.
[Bitcoin] Lastbattle's nose pickerI've been working on a top and bottom picker script over the past couple of weeks, based on RSI of multiple timeframe closing price. It've been a pretty good trading system that's tested over the last meteoric rise from 220~270 and back down to 230 right now, and I think it should be released to the community.
Sure, I'm not worried about this strategy not working anymore after it is being used by the majority. Everyone have a different view of the market, and this is more towards psychology. It'll likely to hold for as long as there are still humans trading Bitcoins. Bitcoin market is full of emotions, you'll never run out of it.
So why does it work?
If you take a look at the live charts offered by Bitcoinwisdom and Cryptowatch, they only offer 1, 3, 5, and 15 minute timeframe by default with no other option to switch.
Naturally more traders will look at these levels for oversold and overbought condition.
The same indicator does not work for the broader commodities market such as Gold and Silver.
How does it work?
As long as the RSI levels of 1, 3, 5, and 15 minute fulfills the oversold/overbought level, a signal will be given.
The overbought/oversold level gets compensated the higher volatility the market is in.
Note: **
-This is only for exit strategy. If you're on long, consider reducing or exiting your position when it displays a red. On the other hand if you're short, consider reducing or covering your shorts if it shows a green.
-It may give false signal in a trending market, use your trading experience and judgement to filter them out. (eg: uptrend usually have more than 1 legs AND after a long consolidation, RSI gets to oversold/overbought easily... the market will tend to test the support/resistance again.)
-This is tuned for the 15m interval, the script won't work beyond this. I use it for scalping futures. Feel free to change or remove this line 'plot(interval == 15 and '
-Even if it shows a signal, it may not be the true top/bottom. Sometimes there may be a weak diverged leg aka 'last fart', so that's one reason I dont use this for entry until more confirmation is given via other indicators.
** If your chart is zooming all the way down to 0, right click on the price at the right and select 'Scale price only'
Go ahead and try this out with willy, etc and see what works better :D
Credits:
-LazyBear for the volatility switcher script
