Terminal : Important U.S Indices Change (%) DataHello.
This script is a simple U.S Indices Data Terminal.
You can also set the period to look back manually in the menu.
In this way, an idea can be obtained about Major U.S Indices.
Features
Value changes on a percentage basis (%)
Recently, due to increasing interest, the NQNACE index has been added.
Index descriptions are printed on the information panel.
Sentiment NYSE ARCA and AMEX indices added.
Indices
SP1! : S&P 500 Futures Index
DJI : Dow Jones Industrial Average Index
NDX : Nasdaq 100 Index
RUT : Russell 2000 Index
NYA : NYSE Composite Index
OSX : PHLX Oil Service Sector Index
HGX : PHLX Housing Sector Index
UTY : PHLX Utility Sector Index
SOX : PHLX Semiconductor Sector Index
SPSIBI : S&P Biotechnology Select Industry Index
XNG : NYSE ARCA Natural Gas Index
SPGSCI : S&P Goldman Sachs Commodity Index
XAU : PHLX Gold and Silver Sector Index
SPSIOP : S&P Oil and Gas Exploration and Production Select Industry Index
GDM : NYSE ARCA Gold Miners Index
DRG : NYSE ARCA Pharmaceutical Index
TOB : NYSE ARCA Tobacco Index
DFI : NYSE ARCA Defense Index
NWX : NYSE ARCA Networking Index
XCI : NYSE ARCA Computer Technology
XOI : AMEX Oil Index
XAL : AMEX Airline Index
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
Cerca negli script per "GOLD"
Fibonacci Retracement level with 10 preset cross alert.The Fibonacci retracement is also called the golden mean or golden section.
It has been used to analyze the proportions of natural objects as well as man-made systems such as financial markets.
The mathematics of the golden ratio and of the Fibonacci sequence is intimately interconnected. The Fibonacci sequence is:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, ....
The golden ratio is the limit of the ratios of successive terms of the Fibonacci sequence (or any Fibonacci-like sequence).
This Fibonacci retracement level indicator automatically plots 7 support and resistance levels on chart based on selected number of bars.
How it works?
It shows the Fibonacci retracement support and resistance levels for a given range and display the corresponding ratio on the right side of the levels. The price range and levels are adjustable by user, you can easily identify the major and minor support/resistance levels from the chart with your desired inputs.
Features and inputs:
Show Level Label, enable to display the level on chart.
Range, it's the number of bars used to detect the highest and lowest price. The default value is 300 it means the indicator will plot the Fibonacci retracement based on the price range of last 300 bars.
If you want to use different ratios other than the default ones, you can change them from input Level1 to Level5.
You can change the color of each level line from the following available colors: silver , gray, white, maroon, red, purple, fuchsia, green, lime, olive, yellow, navy, blue, teal, aqua, orange.
The highest and lowest level are auto detected and can't be changed.
Line style: you can choose from: Solid, Dotted and Dashed.
1 is Solid like this: ______________________
2 is Dashed - - - - - - - - - - - - - - - - - - -
3 is dotted ............................................
It works on all timeframes and Renko, Heikin Ashi, Bars, Candle and Line chart types.
There are also 10 pre-set alert conditions for you to choose.
For example, if you chose "Cross over Level 1", alert will be triggered when close price cross above level 1.
"Please Use the link below to obtain access to this indicator".
Fib Thermometer - S&P500Fib Retracement is such an amazing tool 😎 , and when u incorporate it onto a chart, no matter a forex , stock or future one, you will always secure some important and meaningful levels for your trading. I am not a huge fan of it actually 😵, but I would say it is an eye opener for me, because sometimes things don't fully make sense will make you money. I can't deny its popularity in our community and also in the trading world.
In this script, I am not intending to give a brand new version of auto drawing fib levels, but to catch the optimal timings to buy the upcoming rally after a crash 😊. Buying the dips is the approach to get rich , right? But more wisely, we can instead to buy the higher lows , not the lowest lows in order to avoid the bankruptcy risk. Nothing advanced to teach here, doing so just takes your extra patience and willingness to seek confirmation. 🕵
To cut it short, I have utilized 52-week highs and lows and two important fib levels (0.236 and 0.618) , with ten most heavily weighted stocks in s&p500 index to create some awesome signals. The rationale is first defining two fib levels with the 52-week-high-low range, then if those stocks rebounded just higher than 0.236 levels, we can confirm the trend has changed and start our buying . For the 0.618 level, you can use it as a profit taker , or a sell signal during the bull run. What decides a trend continuation or a trend change is the degree of the retracement , and 0.236 would be an ideal level to confirm the trend has changed.😃
For your own convenience, you can amend or diy the script to make it work for you by simply put your favorite stocks or indexes on the list. Hope you find it really helpful and HAPPY TRADING!!! 😃
If you find my scripts useful, please click the FOLLOW button and I am VERY VERY GRATEFUL.😘
eha MA CrossIn the study of time series, and specifically technical analysis of the stock market, a moving-average cross occurs when, the traces of plotting of two moving averages each based on different degrees of smoothing cross each other. Although it does not predict future direction but at least shows trends.
This indicator uses two moving averages, a slower moving average and a faster-moving average. The faster moving average is a short term moving average. A short term moving average is faster because it only considers prices over a short period of time and is thus more reactive to daily price changes.
On the other hand, a long term moving average is deemed slower as it encapsulates prices over a longer period and is more passive. However, it tends to smooth out price noises which are often reflected in short term moving averages.
There are a bunch of parameters that you can set on this indicator based on your needs.
Moving Averages Algorithm
You can choose between three types provided of Algorithms
Simple Moving Average
Exponential Moving Average
Weighted Moving Average
I will update this study with more educational materials in the near future so be informed by following the study and let me know what you think about it.
Please hit the like button if this study is useful for you.
Cloud Version 2.0This is a revised version of the "Cloud" indicator. Some of the changes are as follow:
Updated EMA values:
Multi Exponential Moving Average ( EMA ) plotted.
Exponential Moving Average ( EMA ) - 10, 15, 20, 25, 30, 35, 40, 45, 50, 100, and 200 (Default Values)
Updated RSI Overbought/Oversold default values:
Built-in RSI plotted above or below candlestick .
Relative Strength Index ( RSI ) - Length 14, Overbought 85, & Oversold 15 (Defualt Values)
Built in auto tracking number of last candle/s Highest & Lowest with the closing price of the previous candle by placing Blue Lines (highest/lowest) and Previous closed price candle stick with an Orange Line.
Recently added 50 and 200 crossover moving averages:
The death cross signals a possible shift in trend sentiment from bullish to bearish . Golden Cross signals a shift in a bearish trend to a bullish trend .
Death Cross and Golden Cross Alerts
PSAR (Uptrend/Downtrend)
Support & Resistance Zone (Standard)
Buy/Short Alerts and Notifications
ORTI Bollinger Bands V3 (Static Timeframe Multi-Period)The "ORTI Bollinger Bands V3 (Static Timeframe Multi-Period MA)" is public scrypt, based in a previous study, but with some better functions (“ORTI Bollinger Bands V2 (Static Timeframe Multi-Period MA”).
This is a redesigned and recalculated set of the common plotted lines with the typical two "Standard Deviations" (positively and negatively) away from the original calculation of a "Simple Moving Average" of the security's price.
But now, with the option to convert the "Simple Moving Average" to adapt into 9 different kinds of "Moving Averages", to have a much more robust indicator which in turn would serve both as "Bollinger Bands" and by any of the most used "Moving Averages", a hybrid basically.
The following options to convert the "Simple Moving Average" ( SMA ) to:
• Exponential Moving Average ( EMA )
• Weighted Moving Average ( WMA )
• Arnaud Legoux Moving Average ( ALMA )
• Hull Moving Average ( HMA )
• Volume-weighted Moving Average ( VWMA )
• Least Square Moving Average ( LSMA )
• Smoothed Moving Average ( SMMA )
• Double Exponential Moving Average ( DEMA )
The cherry on the top , for this private version: is when you want to get a predetermined count in "natural temporalities" as minutes, hours or days, in any graph you could get a static average, and this count will be automatically respected. For example, a "Moving Average" could be configurated to know a trend per day, week or month... or whatever comes to mind, and at every single chart that you move through (5m, 15m, 1h, 4h, etc), you will see the same average to make your own "trend analysis" into a micro/macro market view.
As in traditional "Bollinger Bands", the "Standard Deviations" are still a measure of volatility , when markets become more volatile, bands widen, during the less volatile periods, the bands contract.
A common fact in trading is that, prices vary most of the time and there is a lot of truth in this assertion, since the markets consolidate mainly as bullish andbearish . Market trends are sometimes very rare, so trading them may not be as easy as you might think. If we look at prices in this way, we can define the trend as a deviation from the norm (rank).
Usually, most Traders use “Moving Averages” to identify commercial areas and analyze markets. A “Moving Average” helps the Trader isolate the trend a lot and can also indicate when a trend may be receding.
The importance of using any of the “Moving Averages” in the “Bollinger Bands”, becomes a reality and reveals the average price of a marketable instrument in a given period of time. However, there are different ways to calculate the averages, and that is why there are different types of “Moving Averages”. They are called "in motion" because, as the price moves, new data is added to the calculation, thus changing the average.
The base of the “Bollinger Bands” measures and represents the deviation or volatility of the price and this is the reason why they can be very useful to identify a trend. Even the use of two sets of “Bollinger Bands”, one generated with the parameter "one Standard Deviation" and the other with the typical configuration of "two Standard Deviations", can help us to see the price in a different way.
Another great advantage of “Bollinger Bands” is that, they adjust dynamically as volatility increases and decreases. As a result, the “Bollinger Bands” automatically expand and contract in synchronization with the price action, creating an envelope of precise trends.
Note: The previous calculation example is not the default, the parameters can be adjusted according to the criteria of the merchant.
As everyone knows, and as you can find on the internet, the "Moving Averages" are one of the most commonly used technical indicators in Stock, Futures , Forex and Crypto trading. Market analysts and traders, use "Moving Averages" to help identify trends in price fluctuations, smoothing out the noise and short-lived spikes (from news and earnings announcements, for example) for individual securities or indexes.
They are calculated by adding recent closing prices and then dividing that by the number of time periods in the calculation average. A simple, or arithmetic, a "Moving Average" that is calculated by adding the closing price of the security for several time periods and then dividing this total by that same number of periods. Short-term averages respond quickly to changes in the price of the underlying, while long-term averages are slow to react.
There are different types of "Moving Averages", calculated in different ways and over different time periods, which reveal different information for traders. The type of "Moving Average" and measurement period used determine the strategies a trader implements. So, many traders watch for short-term averages to cross above longer-term averages to signal the beginning of an uptrend. Short-term averages can act as levels of support when the price experiences a pullback.
As is usual, traders and market analysts commonly use several periods in creating "Moving Averages" to plot on their charts. For identifying significant, long-term support and resistance levels and overall trends, but they only consider the 50-day, 100-day and 200-day moving averages as the most common. Based on historical statistics, these longer-term moving averages are considered more reliable trend indicators and less susceptible to temporary fluctuations in price.
There is such popular trading patterns that use "Simple Moving Averages" include the “death cross” and a “golden cross”. A “death cross” occurs when the short period "Moving Average" crosses below the long period "Moving Average" and this is considered abearish signal that further losses are in store; the “golden cross” occurs when a short-term "Moving Average" breaks above a long-term moving average, this can signal further gains are in store, that is interpreted as bearish .
The 5-, 10-, 20-, and 50-day moving averages are often used to spot near-term trend changes. Changes in direction by any of these shorter-term "Moving Averages" are watched as possible early clues to longer-term trend changes. Crossovers of the 50-day moving average by either the 10-day or 20-day "Moving Averages" are regarded as significant. The 10-day "Moving Average", plotted on an hourly chart, is frequently used to guide traders in intraday trading.
For more technical information: Investopedia
But why we have to use in our TECHNICAL ANALYSISthe same Moving Averages (10, 20, 30, 50, 100 and 200) for all time frame OHLC charts (1m, 5m, 15m, 1h, 4h, 1d, 1w and 1m)? That does not make any sense.
This is when you must go back to (statistic) basics: reliability and validity are a very important aspects of selecting a survey instrument. Reliability refers to the extent that the instrument yields the same results over multiple trials. Validity refers to the extent that the instrument measures what it was designed to measure.
Content validity measures the extent to which the items that comprise the scale accurately represent or measure the information that is being assessed. Are the real traders answering this question, that are asked representative of the possible data that they are trying to read? Well, I think maybe not.
Such as correlations, to verify the relevance of the “timeframe” questions, we could start at… Operation hours, the first data that has you should find may be is correlated with questions from: Does your trend indicator has a straight relationship of time under your time-analisys examination to determine if validity is present? If the scores are highly correlated, it is called convergent validity, then if convergent validity exists and validity is supported.
Criterion-related validity has to do with how well works the counting from the instrument, as a known outcome they are expected in a real, natural and measurable lapse time. Such as correlations are used to determine if criterion-related validity your counting data, would must be at: minutes, days, weeks, months, etc.
That is when we start with the rhythm, as in music. If your trading day in operation at Forex is made up of 24-hours, during 5-days of the week, there you have your first clue. Now, what did you want and have to measure? Well, first of all you need a daily, weekly and monthly count to begin with all your indicators.
For some reason, there are a lot of questions about time and calendars which all are answered by reference to astrology, because the original purpose of astrology was to create a reliable method of measuring the passage of time, the clock by which we live our lives: 12 Hours. It is very interesting!
Even though there are really 24 hours in a day, but therefore you would think we should have 12-time units in our day, not 24, each of which is twice as long as our current hour. But the only reason we would think like this is because we have forgotten about the way ancient astrology divides the time lapses into smaller units.
And now, the next step is when you should refresh your elementary school classes, those mathematics that I'm pretty sure you so hated: relation of prime numbers, compound numbers, divisible numbers and multiples.
You may think about the relationship that exists between the time period and the operative session, as well as the chart that you are consulting; so then, you must find the ideal configuration of those numbers that are only divisible between themselves and 1, or the numbers that besides being divisible by themselves and the unit and are also divisible by other numbers.
For example: for an hourly chart, if a day is divided into 24-hours in base of the number 12, is because it has a larger number of integer factors: 12/6=2, 12/4=3, 12/3=4, 12/2=6. Son then, all of your other indicators should find this relation.
This is when you must start questioning yourself, if you are really working with an adequate configuration of Moving Averages and Oscillators?
Another example:
• Relative Strength Index (14)
• Stochastic %K (14, 3, 3)
• Commodity Channel Index (20)
• Average Directional Index (14)
• Momentum (10)
• MACD Level (12, 26, 9)
• Stochastic RSI Fast (3, 3, 14, 14)
• Williams Percent Range (14)
• Ultimate Oscillator (7, 14, 28)
Bitcoin Stock to FlowModeling Bitcoin's Value With Scarcity
The Stock to Flow model for Bitcoin suggests that Bitcoin price is driven by scarcity over time.
Bitcoin is the first scarce digital object the world has ever seen. It is scarce like silver & gold, and can be sent over the internet, radio, satellite etc. Bitcoin includes a mathematical mechanism to restrict its supply over time making it more rare as time goes on. Digital Scarcity.
In 2017 BTC exceeded the market capitalization of Silver. After the next halving in 2024, Bitcoin will become the hardest asset the world has ever seen, rarer than Gold.
There is only enough Bitcoin in the world for each person to own .0023 BTC. Because of this, Bitcoin's value should continue to rise over time.
Live Mini Terminal 6 : Major U.S Indices Change DataThis script displays relative data changes occurring in the adjustable period and/or adaptive automatic period in US Major Indices.
It was inspired by the data terminals used by commercial traders.
Period selection can be adjusted in the menu.
This script uses the adaptive period algorithm used by Autonomous LSTM and Relativity scripts.
Or you can set the period manually from the menu.
For more information about adaptive period this script uses:
This script works only for 1 day (1D) and 1 week (1W) time frames.
The most efficient time frame is 1 week (1W) because of different time-zones .
Features
Value changes on a percentage basis (%)
Recently, due to increasing interest, the NQNACE index has been added.
Index descriptions are printed on the information panel.
Sentiment NYSE ARCA and AMEX indices added.
INSTRUMENTS
SP1! : S&P 500 Futures Index
DJI : Dow Jones Industrial Average Index
NDX : Nasdaq 100 Index
RUT : Russell 2000 Index
NYA : NYSE Composite Index
OSX : PHLX Oil Service Sector Index
HGX : PHLX Housing Sector Index
UTY : PHLX Utility Sector Index
SOX : PHLX Semiconductor Sector Index
SPSIBI : S&P Biotechnology Select Industry Index
XNG : NYSE ARCA Natural Gas Index
SPGSCI : S&P Goldman Sachs Commodity Index
XAU : PHLX Gold and Silver Sector Index
SPSIOP : S&P Oil and Gas Exploration and Production Select Industry Index
GDM : NYSE ARCA Gold Miners Index
DRG : NYSE ARCA Pharmaceutical Index
TOB : NYSE ARCA Tobacco Index
DFI : NYSE ARCA Defense Index
NWX : NYSE ARCA Networking Index
XCI : NYSE ARCA Computer Technology
XOI : AMEX Oil Index
XAL : AMEX Airline Index
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
USAGE
The script can be used as an indicator by putting it under the chart as shown above.
It is necessary to enlarge to see clearly.
Since it is not often looked at,such use is the best method for healthy interpretation.
Regards.
Easy Read_Combo IndicatorEasy Read is a combo indicator. It is designed to plot,
5 SMAs: 20, 50, 100, 144, 200 (with Golden and Death Cross)
6 EMAs: 21, 55, 89, 144, 200, 377 (with Golden and Death Cross)
2 Bollinger Bands with 1st and 2nd standard deviation and a 'Trend Line'
Cobra Indicator with cobra line and cobra buy/sell signals
Buy and take profit signals based on over bought levels in RSI and STOCH
The indicator is pretty straight forward to use. The buy-sell signal show you long/short entries and MAs will help you decide the take profit zone.
BTC 1D Alerts V1This script contains a variety of key indicator for bitcoin all-in-one and they can be activated individually in the menu. These are meant to be used on the 1D chart for Bitcoin.
1457 Day Moving Average: the bottom of the bitcoin price and arguably the rock bottom price target.
Ichimoku Cloud: a common useful indicator for bitcoin support and resistance.
350ma fibs (21 8 5 3 2 and 1.6) : Signify the tops of each logarthmic rise in bitcoin price. They are generally curving higher over the long term. For halvening #3, the predicted market crash would be after hitting the 350ma x3 fib. Also the 350 ma / 111 ma cross signifies bull market top within about 3 days as well. Using the combination of the 350ma fibs and the 350/111 crosses, reasonably identify when market top is about to occur.
50,120,200 ma: Common moving averages that bitcoin retests during bull market runs. Also, the 50/200 golden and death crosses.
1D EMA Superguppy Ribbons: green = bull market, gray is indeterminate, red = bear market. Very high specificity indicator of bull runs, especially for bitcoin. You can change to 3D candle for even more specificity for a bull market start. Use the 1W for even more specificity. 1D Superguppy is recommended for decisionmaking.
1W EMA21: a very good moving average programmed to be shown on both the daily and weekly candle time. Bitcoin commonly corrects to this repeatedly during past bull runs. Acts as support during bull run and resistance during a bear market.
Steps to identifying a bull market:
1. 50/200 golden cross
2. 1D EMA superguppy green
3. 3D EMA superguppy green (if you prefer more certainty than step 2).
4. Hitting the 1W EMA21 and bouncing off during the bull run signifies corrections.
Once a bull market is identified,
Additional recommended buying and selling techniques:
Indicators:
- Fiblines - to determine retracements from peaks (such as all time high or recent highs)
- Stochastic RSI - 1d, 3d, and 1W SRSI are great time to buy, especially the 1W SRSI which comes much less frequently.
- volumen consolidado - for multi exchange volumes compiled into a single line. I prefer buying on the lowest volume days which generally coincide with dips.
- MACD - somewhat dubious utility but many algorithms are programmed to buy or sell based on this.
Check out the Alerts for golden crosses and 350ma Fib crosses which are invaluable for long term buying planning.
I left this open source so that all the formulas can be understood and verified. Much of it hacked together from other sources but all indicators that are fundamental to bitcoin. I apologize in advance for not attributing all the articles and references... but then again I am making no money off of this anyway.
[Coingrats] Trading strategie v1 [BETA]//=================================================================================================
THIS IS A BETA VERSION AND FREE TO USE FOR EVERYONE.
BECOME BETA TESTER, PLACE A COMMENT. FEEDBACK IS VALUED.
WHEN THE BETA PERIOD IS EXPIRED THIS SCRIPT WILL BE ADAPTED TO A FREE VERSION
FOR THE BETA TESTERS (DON'T FORGET YOUR COMMENT) THERE IS A LIFETIME OFFER FOR THE PREMIUM
I DEVELOPED THIS STRATEGY TO QUICKLY DISCOVER TREND CHANGES OR WHERE INDECISION IS PRESENT
DO NOT TRADE BLINDLY, BUT CHECK THE FINDINGS THAT YOU SEE ON THE CHART
USE WITH HOLLOW CANDLES ONLY!!!!
ALL PROCESSED IN ONE INDICATOR, ALSO WITH A FREE TRADINGVIEW ACCOUNT YOU CAN USE HIM.
FOR CONFIRMTION YOU CAN ADD THE INDICATORS RSI AND MACD
WE ARE ALSO DEVELOPING OUR OWN CRYPTORADAR THAT CAN GIVE YOU VARIOUS SIGNALS ON TELEGRAM.
CHECK THE WEBSITE MYCRYPTORADAR.COM
//=================================================================================================
//INFO DIVERGENCE STRATEGIE
- When there is a line visible the bull(green)/bear(red) divergence is legit. Go long or short
- When there is a green triangle above a candle, take some profits on the bull divergence
- When there is a red triangle below a candle, take some profits on the bear divergence
- You can play with the settings but i think this are the best settings.
- Standard settings work best on higher timeframe (4H or higher)
//INFO PIVOT REVERSAL STRATEGIE
- When there is a green cross under a candle = possible signal to go long
- When there is a red cross above a candle = possible signal to go short
//INFO S/R LINES AND TRENDLINES
- Automatic set S/R levels on the timeframe on your chart
- In the settings you can enable trendlines on your chart
- Calculation mode = strict. You get a clean chart with major S/R lines
- Calculation mode = loose. You get a chart with more S/R lines. It helps to find orderblocks
- Top and bottom fractal source. Choose what you like for setting the S/R lines
//INFO CANDLE STRATEGIE
- Paints outside candles green
- Paints inside candles blue
- Paints highwave candles purple
- Paints morning star patterns red
- Paints evening star patterns grey
- Marked bullish engulfing with a green BE mark
- Marked bearish engulfing with a red BE mark
//INFO EMA - SMA
- You have the choice of 5x EMA and 3X SMA lines
- Including crossover alerts for all crossovers
- Standard only crossover EMA8 - EMA21, Golden cross & Death cross (SMA) signals are enabled
- Signal// EMA8 - EMA21 crossover marked a bleu/purple dot on the crossover
- Signal// Golden cross marked a golden cross on the crossover
- Signal// Death cross marked a red cross on the crossover
- In the settings you can set your own crossover alerts
AEONDRIFT with FG & DFG {EMA} indicatorsAEONDRIFT with {EMA} implementation of FUSIONGAPS (FG) and DIFFERENTIAL FUSIONGAPS (DFG) derived indicators.
~JuniAiko
(=^~^=)v~
Check out the other analytical tools that I had published.
AEONDRIFT:
DBT MoMo v.4DBT MOMO
Introduction: The MoMo is a TradingView indicator designed to evaluate momentum and give the user signals according to momentum shifts, strength, extensions, traps, and divergence. It’s an all in one oscillator that will make reading price action near term and long term much easier.
Part One: Strength
The MoMo consist of two major parts. A 3-candle back formula and a 24-candle back formula. The 3-candle back is called the Price Line (the histogram on the MoMo). The 24-candle back is called the Trend Line (the line on the MoMo). Both lines are placed into a range from 20 to -20. It can go higher than 20 or lower than -20, but this is extremely rare and short lived.
A positive number indicates a bullish bias, a negative number indicates a bearish bias. When the Price or Trend line are ascending while below 0 this indicates that the bearish momentum is weakening. When the Price or Trend line are descending while above 0 this indicates that the bullish momentum is weakening.
In a strong trend the Trend Line will likely flatten out around 15 or -15. While the Trend Line is flat the Price Line will likely shift rapidly, this can lead to bull and bear traps, we will discuss this in the Trap section.
A rare, but powerful signal from the MoMo is when the Price and Trend Lines “pinch” and begin to move in the same direction. If this is happening the trader should be looking to follow the direction of these lines.
Part Two: Extensions
When both Price and Trend Lines are above 10 or below -10 this will begin to signal an extension.
Purple: Indicates the bears are extended to the downside and a pullback or trend reversal upward is likely.
Gold: Indicates the bulls are extended to the upside and a pullback or trend reversal downward is likely.
When only the Trend Line is above 10 the MoMo will shade the upper range red. This indicates the Trend is becoming bullish or entering an extension. If the Trend Line cannot maintain above 10 for long and breaks below 10 this indicates it’s an extension and trend will most likely continue downward.
When only the Trend Line is below -10 the MoMo will shade the upper range green. This indicates the Trend is becoming bearish or entering an extension. If the Trend Line cannot maintain below -10 for long and breaks above -10 this indicates it’s an extension and trend will most likely continue upward.
When the green or purple shading have turned off take the lowest point, this is considered a support level or a local bottom.
When the red or gold shading have turned off take the highest point, this is considered a resistance level or a local top.
The trader can preemptively trade the purple or gold warnings but be warned these warnings can go on for a long time if the trend is very strong. It is the same mentality of an overbought or oversold RSI, except the MoMo extensions have a much higher strike rate.
To avoid preemptively trading these extensions the trader should wait for confirmation on the Price Line and on price action. The Price Line (histogram) should be moving upward during a purple extension to begin showing a bottom. The Price Line (histogram) should be moving downward during the gold extension to begin showing a top.
Part Three: Traps
The relation between the Price Line and Trend Line can create trading signals for bull and bear traps. When the Trend Line is flattened out around 15 or -15, indicating a strong trend is in place, and the Price Line is rapidly moving towards the midline this may indicate a trap is forming.
When the Trend Line is flat around 15 and the Price Line begins moving towards 0, if the Price Line reaches 0 or close to 0 and the Trend Line is still flat, a trap has begone. Once the Price Line shifts from decreasing (red) to increasing (green) the trap is playing out. Therefore, the trader should look to exit short positions or enter long positions.
When the Trend Line is flat around -15 and the Price Line begins moving towards 0, if the Price Line reaches 0 or close to 0 and the Trend Line is still flat, a trap has begone. Once the Price Line shifts from increasing (green) to decreasing (red) the trap is playing out. Therefore, the trader should look to exit long positions or enter short positions.
Part Four: Divergences
The MoMo is exceptional at finding divergences with the Price Line and occasionally the Trend Line.
To find a divergence with the MoMo the trader must look for when the histogram is not following price action completely.
Bullish Divergence: Price makes a lower low, MoMo makes a higher low.
Bearish Divergence: Price makes a higher high, MoMo makes a lower high.
Hidden Bull Divergence: Price makes a higher low, MoMo makes a lower low.
Hidden Bear Divergence: Price makes a lower high, MoMo makes a higher high.
For Access or Questions: Private message us. Thank you.
BTC Top and Bottom PickerBTC Top and Bottom Picker
This study predicts BTC tops and bottoms using Bitstamp's daily close data/
It is based on Philip Swift's The Golden Ratio Multiplier post on Medium
In a nutshell:
The top is calculated when 111 daily SMA crossing 350 daily SMA
The bottom is calculated by dividing 350 daily SMA by 1.4
If you like this, please like and share it and follow me.
4 EMA en 1 Indicador y Cruce Dorado 50:200 Luis AlvarezA disposicion de todos este humilde aporte, donde hay comparacion de las EMAS mas importantes para una vision integral del movimiento del mercado
@LuisMerida @malkarma2
Moving Average Cross PointPlot label at the GoldenCross point and DeadCross Point.
=============================
ゴールデンクロスとデッドクロスの地点に、それぞれ「GC」「DC」の吹き出しを表示します。
Ultra Trabalza EMA/MA + Crosses & Rejections
EMA/MA crosses
Bullish cross = green "^"
Bearish cross = red "x"
Golden cross (50EMA > 200EMA) = Golden circle
Death cross (50EMA < 200EMA) = Red circle
Rejections
Bullish Wick through support = Gold candle
Bearish Wick through resistance = Purple candle
SMA 20, 50, 200This Script provides the 50 and 200 day moving average to provide a way to keep track of the classic Death Cross and Golden Cross. The 20 day moving average is just used as an early prediction of what the 50 day may do so you can keep and eye on it. If you are the kind of person that freaks out at sudden changes in the graphs it is probably best to just turn the 20 day off.
A Golden Cross is when the 50 day MA raises above the 200 day MA. This indicates the start of a Bull Market. This is the best time to buy as the market commonly will increase over the next few months or even years.
A Death Cross is when the 50 day MA drops below the 200 day MA. This indicates the start of a Bear Market. This is the best time to sell as the market will commonly decrease at least 20 percent or more over the next couple months or more.
I am not a financial advisor and this is just a tool to help you make your own decisions with your investments. My information is just based on common knowledge.
PpSignal Personal TemplateThis is my personal template strategy, I follow the tendency, with
-Donichian: I can se the high and low price.
-CFB: ha can see the trend short.
-Tigger MA: i can see the long trend.
-BB: I can see the short trend and the volatily.
-Ewo break band and Rsi Donicihan channel, the trend and oversold and overbought.
-PPSignal Scalper Double Cross Signal and EWO Smooth V4.0 for the background trend.
PpSignal Candle converter and psignal golden fibo zone.
dmw_3SMACross3 SMA set to 5 10 20 used to find the crossing points for pattern reversals or breakouts.