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Adaptive Look-back/Volatility Phase Change Index on Jurik [Loxx]Adaptive Look-back, Adaptive Volatility Phase Change Index on Jurik is a Phase Change Index but with adaptive length and volatility inputs to reduce phase change noise and better identify trends. This is an invese indicator which means that small values on the oscillator indicate bullish sentiment and higher values on the oscillator indicate bearish sentiment What is the Phase Change Index? Based on the M.H. Pee's TASC article "Phase Change Index". Prices at any time can be up, down, or unchanged. A period where market prices remain relatively unchanged is referred to as a consolidation. A period that witnesses relatively higher prices is referred to as an uptrend, while a period of relatively lower prices is called a downtrend. The Phase Change Index (PCI) is an indicator designed specifically to detect changes in market phases. This indicator is made as he describes it with one deviation: if we follow his formula to the letter then the "trend" is inverted to the actual market trend. Because of that an option to display inverted (and more logical) values is added. What is the Jurik Moving Average? Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines. Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun. That's why investors, banks and institutions worldwide ask for the Jurik Research Moving Average ( JMA ). You may apply it just as you would any other popular moving average. However, JMA's improved timing and smoothness will astound you. What is adaptive Jurik volatility One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive. What is an adaptive cycle, and what is Ehlers Autocorrelation Periodogram Algorithm? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers, 2013, page 135: "Adaptive filters can have several different meanings. For example, Perry Kaufman’s adaptive moving average (KAMA) and Tushar Chande’s variable index dynamic average (VIDYA) adapt to changes in volatility. By definition, these filters are reactive to price changes, and therefore they close the barn door after the horse is gone.The adaptive filters discussed in this chapter are the familiar Stochastic, relative strength index (RSI), commodity channel index (CCI), and band-pass filter.The key parameter in each case is the look-back period used to calculate the indicator. This look-back period is commonly a fixed value. However, since the measured cycle period is changing, it makes sense to adapt these indicators to the measured cycle period. When tradable market cycles are observed, they tend to persist for a short while.Therefore, by tuning the indicators to the measure cycle period they are optimized for current conditions and can even have predictive characteristics. The dominant cycle period is measured using the Autocorrelation Periodogram Algorithm. That dominant cycle dynamically sets the look-back period for the indicators. I employ my own streamlined computation for the indicators that provide smoother and easier to interpret outputs than traditional methods. Further, the indicator codes have been modified to remove the effects of spectral dilation.This basically creates a whole new set of indicators for your trading arsenal." Included -Your choice of length input calculation, either fixed or adaptive cycle -Invert the signal to match the trend -Bar coloring to paint the trend Happy trading!
Indicatore Pine Script®
di loxx
1
Position Size Calc. (Risk Management Tool)Programmed this tool to help prevent overtrading. Example of application: Suppose you want to trade ETHUSDT on a 1 minute chart and you are only willing to risk $10 in one single trade. This way, if you get stopped out, then you will only lose $10. Say you are using ATR based stop loss at 2x current ATR to set the initial stop. All these variables are now fixed, so you must make an adjustment to the size of your position. Quick illustration: Tolerable loss per trade is $10 , the current ATR of ETHUSDT is $4.06, the size of your stop is $8.12 (4.06*2), then your position size should be 1.2 ETH ($10/$8.12). This script will constantly monitor the current ATR and display the optimal position size on chart. Tolerable loss (aka "Risk amount") is defined by user in settings. Lines showing the size of SL and TPs on chart are optional, it was added to the script to help users draw the long/short position measuring tools built into TradingView. Other notes: Always consider market liquidity, size of bid-ask spreads, and the possibilities of gap ups/downs. It can never be guaranteed that stop market/limit orders will get filled at desirable prices. Actual stop losses might differ.
Indicatore Pine Script®
di DojiEmoji
3
MACD PlusMoving Average Convergence Divergence – MACD The MACD is an extremely popular indicator used in technical analysis. It can be used to identify aspects of a security's overall trend. Most notably these aspects are momentum, as well as trend direction and duration. What makes the MACD so informative is that it is actually the combination of two different types of indicators. First, the MACD employs two Moving Averages of varying lengths (which are lagging indicators) to identify trend direction and duration. Then, it takes the difference in values between those two Moving Averages (MACD Line) and an EMA of those Moving Averages (Signal Line) and plots that difference between the two lines as a histogram which oscillates above and below a center Zero Line. The histogram is used as a good indication of a security's momentum. Added Color Plots to Settings Pane. Switched MTF Logic to turn ON/OFF automatically w/ TradingView's Built in Feature. Added Ability to Turn ON/OFF Show MacD & Signal Line. Added Ability to Turn ON/OFF Show Histogram. Added Ability to Change MACD Line Colors Based on Trend. Added Ability to Highlight Price Bars Based on Trend. Added Alerts to Settings Pane. Customized Alerts to Show Symbol, TimeFrame, Closing Price, MACD Crosses Up & MACD Crosses Down Signals in Alert. Alerts are Pre-Set to only Alert on Bar Close. Added ability to show Dots when MACD Crosses. Added Ability to Change Plot Widths in Settings Pane. Added in Alert Feature where Cross Up if above 0 or cross down if below 0 (OFF By Default). Squeeze Pro Traditionally, John Carter's version uses 20 period SMAs as the basis lines on both the BB and the KC. In this version, I've given the freedom to change this and try out different types of moving averages. The original squeeze indicator had only one Squeeze setting, though this new one has three. The gray dot Squeeze, call it a "low squeeze" or an "early squeeze" - this is the easiest Squeeze to form based on its settings. The orange dot Squeeze is the original from the first Squeeze indicator. And finally, the yellow dot squeeze, call it a "high squeeze" or "power squeeze" - is the most difficult to form and suggests price is under extreme levels of compression. Colored Directional Movement Index (CDMI) , a custom interpretation of J. Welles Wilder’s Directional Movement Index (DMI), where : DMI is a collection of three separate indicators ( ADX , +DI , -DI ) combined into one and measures the trend’s strength as well as its direction CDMI is a custom interpretation of DMI which presents ( ADX , +DI , -DI ) with a color scale - representing the trend’s strength, color density - representing momentum/slope of the trend’s strength, and triangle up/down shapes - representing the trend’s direction. CDMI provides all the information in a single line with colored triangle shapes plotted on the bottom. DMI can provide quality information and even trading signals but it is not an easy indicator to master, whereus CDMI simplifies its usage. The CDMI adds additional insight of verifying/confirming the trend as well as its strength Label : Displaying the trend strength and direction Displaying adx and di+/di- values Displaying adx's momentum (growing or falling) Where tooltip label describes "howto read colored dmi line" Ability to display historical values of DMI readings displayed in the label. Added "Expert Trend Locator - XTL" The XTL was developed by Tom Joseph (in his book Applying Technical Analysis ) to identify major trends, similar to Elliott Wave 3 type swings. Blue bars are bullish and indicate a potential upwards impulse. Red bars are bearish and indicate a potential downwards impulse. White bars indicate no trend is detected at the moment. Added "Williams Vix Fix" signal. The Vix is one of the most reliable indicators in history for finding market bottoms. The Williams Vix Fix is simply a code from Larry Williams creating almost identical results for creating the same ability the Vix has to all assets. The VIX has always been much better at signaling bottoms than tops. Simple reason is when market falls retail traders panic and increase volatility , and professionals come in and capitalize on the situation. At market tops there is no one panicking... just liquidity drying up. The FE green triangles are "Filtered Entries" The AE green triangles are "Aggressive Filtered Entries"
Indicatore Pine Script®
di OskarGallard
44
Volume Indicators PackageCONTAINS 3 OF MY BEST VOLUME INDICATORS ALL FOR THE PRICE OF ONE! CONTAINS: Average Dollar Volume in RED Up/Down Volume Ratio in Green Volume Buzz/Volume Run Rate in BLUE If you would like to get these individually, I also have scripts for that too. Below is information about all three of these indicators, what they do, and why they are important. ---------------------------------------------------------------------------------------------AVERAGE DOLLAR VOLUME---------------------------------------------------------------------------------------- Dollar volume is simply the volume traded multiplied times the cost of the stock. Dollar volume is an extremely important metric for finding stocks with enough liquidity for market makers to position themselves in. Market Liquidity is defined as market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. The key concept you want to understand is that these big instructions with billions of dollars need liquidity in a stock in order to even think about buying it, and therefore these institutions will demand a large dollar volume . A good dollar volume amount, that represents a pretty liquid name, is typically above 100 million $ average. Why are institutions important? Simple because they are the ones who make stocks move, and I mean really move. If you want to see large growth from a stock in a short amount of time, you need institutions wielding billions of dollars to be fighting one another to buy more shares. Institutions are the ones who make or break a stock, this is why we call them market makers. My script calculates average dollar volume using four averages: the 50, the 30, the 20, and the 10 period. I use multiple averages in order to provide the accurate and up to date information to you. It then selects the minimum of these averages and divides this value by 1 million and displays this number to you. TL;DR? If you want monster moves from your stocks, you need to pick names with average high liquidity(dollar volume >= $100 million). The number presented to you is in millions of whatever currency the name is traded in. ---------------------------------------------------------------------------------------------UP/DOWN VOLUME RATIO----------------------------------------------------------------------------------------- Up/Down Volume Ratio is calculated by summing volume on days when it closes up and divide that total by the volume on days when the stock closed down. High volume up days are typically a sign of accumulation(buying) by big players, while down days are signs of distribution(selling) by big market players. The Up Down volume ratio takes this assumption and turns it into a tangible number that's easier for the trader to understand. My formula is calculated using the past 50 periods, be warned it will not display a value for stocks with under 50 periods of trading history. This indicator is great for identify accumulation of growth stocks early on in their moves, most of the time you would like a growth stocks U/D value to be above 2, showing institutional sponsorship of a stock. Up/Down Volume value interpretation: U/D < 1 -> Bearish outlook, as sellers are in control U/D = 1 -> Sellers and Buyers are equal U/D > 1 -> Bullish outlook, as buyers are in control U/D > 2 -> Bullish outlook, significant accumulation underway by market makers U/D >= 3 -> MONSTER STOCK ALERT, market makers can not get enough of this stock and are ravenous to buy more U/D values greater than 2 are rare and typically do not last very long, and U/D >= 3 are extremely rare one example I kind find of a stock's U/D peaking above 3 was Google back in 2005. -----------------------------------------------------------------------------------------------------VOLUME BUZZ----------------------------------------------------------------------------------------------- Volume Buzz/ Volume Run Rate as seen on TC2000 and MarketSmith respectively. Basically, the volume buzz tells you what percentage over average(100 time period moving average) the volume traded was. You can use this indicator to more readily identify above-average trading volume and accumulation days on charts. The percentage will show up in the top left corner, make sure to click the settings button and uncheck the second box(left of plot) in order to get rid of the chart line.
Indicatore Pine Script®
di monkaOMEGA
2
Cyclic Smoothed RSI with Motive-Corrective Wave Indicator This indicator uses the cyclic smoothed Relative Strength Index (cRSI) instead of the traditional Relative Strength Index (RSI). See below for more info on the benefits to the cRSI. My key contributions 1) A Weighted Moving Average (WMA) to track the general trend of the cRSI signal. This is very helpful in determining when the equity switches from bullish to bearish, which can be used to determine buy/sell points. This is then is used to color the region between the upper and lower cRSI bands (green above, red below). 2) An attempt to detect the motive (impulse) and corrective and waves. Corrective waves are indicated A, B, C, D, E, F, G. F and G waves are not technically Elliot Waves, but the way I detect waves it is really hard to always get it right. Once and a while you could actually see G and F a second time. Motive waves are identified as s (strong) and w (weak). Strong waves have a peak above the cRSI upper band and weak waves have a peak below the upper band. 3) My own divergence indicator for bull, hidden bull, bear, and hidden bear. I was not able to replicate the TradingView style of drawing a line from peak to peak, but for this indicator I think in the end it makes the chart cleaner. There is a latency issue with an indicator that is based on moving averages. That means they tend to trigger right after key events. Perfect timing is not possible strictly with these indicators, but they do work very well "on average." However, my implementation has minimal latency as peaks (tops/bottoms) only require one bar to detect. As a bit of an Easter Egg, this code can be tweaked and run as a strategy to get buy/sell signals. I use this code for both my indicator and for trading strategy. Just copy and past it into a new strategy script and just change it from study to a strategy, something like this: strategy("cRSI + Waves Strategy with VWMA overlay", overlay=overlay) The buy/sell code is at the end and just needs to be uncommented. I make no promises or guarantees about how good it is as a strategy, but it gives you some code and ideas to work with. Tuning 1) Volume Weighted Moving Average (VWMA): This is a “hidden strategy” feature implemented that will display the high-low bands of the VWMA on the price chart if run the code using “overlay = true”. - If the equity does not have volume, then the VWMA will not show up. Uncheck this box and it will use the regular WMA (no volume). - defines how far back the WMA averages price. 2) cRSI (Black line in the indicator) - Increase to length that amount of time a band (upper/lower) stays high/low after a peak. Reduce the value to shorten the time. Just increment it up/down to see the effect. - defines how far back the SMA averages the cRSI. This affects the purple line in the indicator. - defines how many bars back the peak detector looks to determine if a peak has occurred. For example, a top is detected like this: current-bar down relative to the 1-bar-back, 1-bar-back up relative to 2-bars-back (look back = 1), c) 2-bars-back up relative to 3-bars-back (lookback = 2), and d) 3-bars-back up relative to 4-bars-back (lookback = 3). I hope that makes sense. There are only 2 options for this setting: 2 or 3 bars. 2 bars will be able to detect small peaks but create more “false” peaks that may not be meaningful. 3 bars will be more robust but can miss short duration peaks. 3) Waves - The check boxes are self explanatory for which labels they turn on and off on the plot. 4) Divergence Indicators - The check boxes are self explanatory for which labels they turn on and off on the plot. Hints - The most common parameter to change is the . Different stocks will have different levels of strength in their peaks. A setting of 2 may generate too many corrective waves. - Different times scales will give you different wave counts. This is to be expected. A counter impulse wave inside a corrective wave may actually go above the cRSI WMA on a smaller time frame. You may need to increase it one or two levels to see large waves. - Just because you see divergence (bear or hidden bear) does not mean a price is going to go down. Often price continues to rise through bears, so take note and that is normal. Bulls are usually pretty good indicators especially if you see them on C,E,G waves. ---------------------------------------------------------------------------------------------------------------------------- cyclic smoothed RSI (cRSI) indicator ---------------------------------------------------------------------------------------------------------------------------- The “core” code for the cyclic smoothed RSI (cRSI) indicator was written by Lars von Theinen and is subject to the terms of the Mozilla Public License 2.0 at mozilla.org Copyright (C) 2017 CC BY, whentotrade / Lars von Thienen. For more details on the cRSI Indicator: The cyclic smoothed RSI indicator is an enhancement of the classic RSI, adding 1) additional smoothing according to the market vibration, 2) adaptive upper and lower bands according to the cyclic memory and 3) using the current dominant cycle length as input for the indicator. It is much more responsive to market moves than the basic RSI. The indicator uses the dominant cycle as input to optimize signal, smoothing, and cyclic memory. To get more in-depth information on the cyclic-smoothed RSI indicator, please read Decoding The Hidden Market Rhythm - Part 1: Dynamic Cycles (2017), Chapter 4: "Fine-tuning technical indicators." You need to derive the dominant cycle as input parameter for the cycle length as described in chapter 4. Hope this helps and good luck.
Indicatore Pine Script®
di Dr_Roboto
25
KINSKI Flexible MACDFlexible MACD (Moving Average Convergence/Divergence) Indicator The Moving Average Convergence Divergence consists of three elements: two moving averages (the MACD line and the signal line) and a histogram. The blue MACD line is the difference between a longer and a shorter EMA (here 13 and 21 periods preset), the red signal line is an SMA (here 8 preset) on the MACD line. The histogram (green: ascending, red: descending) shows the difference between both lines. As soon as the blue MACD line crosses the red signal line, circles are generated that indicate an up/down trend. If the red signal line is greater than or equal to the blue MACD line, this indicates a downward trend (red circle). If the blue MACD line is greater than or equal to the red signal line, this indicates an upward trend (green circle). The special thing about this MACD indicator is the many setting options, especially the definition of the MA variants for MACD (Fast, Slow) and signal. You can define the following MA types: "COVWMA", "DEMA", "EMA", "EHMA", "FRAMA", "HMA", "KAMA", "RMA", "SMA", "SMMA", "VIDYA", "VWMA", "WMA". You also have the following display options: - "Up/Down Movements: On/Off" - Shows ascending and descending MACD, signal lines - "Up/Down Movements: Rising Length" - Defines the length from which ascending or descending lines are detected - "Bands: On/Off" - Fills the space between MACD and signal lines with colors to indicate up or down trends - "Bands: Transparency" - sets the transparency of the fill color Disclaimer: I am not a financial advisor. For purpose educate only. Use at your own risk.
Indicatore Pine Script®
di KINSKI
Bar Balance [LucF]Bar Balance extracts the number of up, down and neutral intrabars contained in each chart bar, revealing information on the strength of price movement. It can display stacked columns representing raw up/down/neutral intrabar counts, or an up/down balance line which can be calculated and visualized in many different ways. WARNING: This is an analysis tool that works on historical bars only. It does not show any realtime information, and thus cannot be used to issue alerts or for automated trading. When realtime bars elapse, the indicator will require a browser refresh, a change to its Inputs or to the chart's timeframe/symbol to recalculate and display information on those elapsed bars. Once a trader understands this, the indicator can be used advantageously to make discretionary trading decisions. Traders used to work with my  Delta Volume Columns Pro  will feel right at home in this indicator's Inputs . It has lots of options, allowing it to be used in many different ways. If you value the bar balance information this indicator mines, I hope you will find the time required to master the use of Bar Balance well worth the investment. █  OVERVIEW The indicator has two modes: Columns and Line . Columns • In Columns mode you can display stacked Up/Down/Neutral columns. • The "Up" section represents the count of intrabars where `close > open`, "Down" where `close < open` and "Neutral" where `close = open`. • The Up section always appears above the centerline, the Down section below. The Neutral section overlaps the centerline, split halfway above and below it.  The Up and Down sections start where the Neutral section ends, when there is one. • The Up and Down sections can be colored independently using 7 different methods. • The signal line plotted in Line mode can also be displayed in Columns mode. Line • Displays a single balance line using a zero centerline. • A variable number of independent methods can be used to calculate the line (6), determine its color (5), and color the fill (5).  You can thus evaluate the state of 3 different components with this single line. • A "Divergence Levels" feature will use the line to automatically draw expanding levels on divergence events. Features available in both modes • The color of all components can be selected from 15 base colors, with 16 gradient levels used for each base color in the indicator's gradients. • A zero line can show a 6-state aggregate value of the three main volume balance modes. • The background can be colored using any of 5 different methods. • Chart bars can be colored using 5 different methods. • Divergence and large neutral count ratio events can be shown in either Columns or Line mode, calculated in one of 4 different methods. • Markers on 6 different conditions can be displayed. █  CONCEPTS Intrabar inspection Intrabar inspection means the indicator looks at lower timeframe bars ( intrabars ) making up a given chart bar to gather its information. If your chart is on a 1-hour timeframe and the intrabar resolution determined by the indicator is 5 minutes, then 12 intrabars will be analyzed for each chart bar and the count of up/down/neutral intrabars among those will be tallied. Bar Balances and calculation methods The indicator uses a variety of methods to evaluate bar balance and to derive other calculations from them: 1. Balance on Bar : Uses the relative importance of instant Up and Down counts on the bar. 2. Balance Averages : Uses the difference between the EMAs of Up and Down counts. 3. Balance Momentum : Starts by calculating, separately for both Up and Down counts, the difference between the same EMAs used in Balance Averages and an SMA of double the period used for the EMAs. These differences are then aggregated and finally, a bounded momentum of that aggregate is calculated using RSI. 4. Markers Bias : It sums the bull/bear occurrences of the four previous markers over a user-defined period (the default is 14). 5. Combined Balances : This is the aggregate of the instant bull/bear bias of the three main bar balances. 6. Dual Up/Down Averages : This is a display mode showing the EMA calculated for each of the Up and Down counts. Interpretation of neutral intrabars What do neutral intrabars mean? When price does not change during a bar, it can be because there is simply no interest in the market, or because of a perfect balance between buyers and sellers. The latter being more improbable, Bar Balance assumes that neutral bars reveal a lack of interest, which entails uncertainty. That is the reason why the option is provided to interpret ratios of neutral intrabars greater than 50% as divergences. It is also the rationale behind the option to dampen signal lines on the inverse ratio of neutral intrabars, so that zero intrabars do not affect the signal, and progressively larger proportions of neutral intrabars will reduce the signal's amplitude, as the balance calcs using the up/down counts lose significance. The impact of the dampening will vary with markets. Weaker markets such as cryptos will often contain greater numbers of neutral intrabars, so dampening the Line in that sector will have a greater impact than in more liquid markets. █  FEATURES 1 — Columns • While the size of the Up/Down columns always represents their respective importance on the bar, their coloring mode is independent. The default setup uses a standard coloring mode where the Up/Down columns over/under the zero line are always in the bull/bear color with a higher intensity for the winning side. Six other coloring modes allow you to pack more information in the columns. When choosing to color the top columns using a bull/bear gradient on Balance Averages, for example, you will end up with bull/bear colored tops. In order for the color of the bottom columns to continue to show the instant bar balance, you can then choose the "Up/Down Ratio on Bar — Dual Solid Colors" coloring mode to make those bars the color of the winning side for that bar. • Line mode shows only the line, but Columns mode allows displaying the line along with it. If the scale of the line is different than that of the scale of the columns, the line will often appear flat. Traders may find even a flat line useful as its bull/bear colors will be easily distinguishable. 2 — Line • The default setup for Line mode uses a calculation on "Balance Momentum", with a fill on the longer-term "Balance Averages" and a line color based on the "Markers Bias". With the background set on "Line vs Divergence Levels" and the zero line on the hard-coded "Combined Bar Balances", you have access to five distinct sources of information at a glance, to which you can add divergences, divergences levels and chart bar coloring. This provides powerful potential in displaying bar balance information. • When no columns are displayed, Line mode can show the full scale of whichever line you choose to calculate because the columns' scale no longer interferes with the line's scale. • Note that when "Balance on Bar" is selected, the Neutral count is also displayed as a ratio of the balance line. This is the only instance where the Neutral count is displayed in Line mode. • The "Dual Up/Down Averages" is an exception as it displays two lines: one average for the Up counts and another for the Down counts. This mode will be most useful when Columns are also displayed, as it provides a reference for the top and bottom columns. 3 — Zero Line The zero line can be colored using two methods, both based on the Combined Balances, i.e., the aggregate of the instant bull/bear bias of the three main bar balances. • In "Six-state Dual Color Gradient" mode, a dot appears on every bar. Its color reflects the bull/bear state of the Combined Balances, and the dot's brightness reflects the tally of balance biases. • In "Dual Solid Colors (All Bull/All Bear Only)" a dot only appears when all three balances are either bullish or bearish. The resulting pattern is identical to that of Marker 1. 4 — Divergences • Divergences are displayed as a small circle at the top of the scale. Four different types of divergence events can be detected. Divergences occur whenever the bull/bear bias of the method used diverges with the bar's price direction. • An option allows you to include in divergence events instances where the count of neutral intrabars exceeds 50% of the total intrabar count. • The divergence levels are dynamic levels that automatically build from the line's values on divergence events. On consecutive divergences, the levels will expand, creating a channel. This implementation of the divergence levels corresponds to my view that divergences indicate anomalies, hesitations, points of uncertainty if you will. It excludes any association of a pre-determined bullish/bearish bias to divergences. Accordingly, the levels merely take note of divergence events and mark those points in time with levels. Traders then have a reference point from which they can evaluate further movement. The bull/bear/neutral colors used to plot the levels are also congruent with this view in that they are determined by price's position relative to the levels, which is how I think divergences can be put to the most effective use. 5 — Background • The background can show a bull/bear gradient on four different calculations. You can adjust its brightness to make its visual importance proportional to how you use it in your analysis. 6 — Chart bars • Chart bars can be colored using five different methods. • You have the option of emptying the body of bars where volume does not increase, as does my TLD indicator, the idea behind this being that movement on bars where volume does not increase is less relevant. 7 — Intrabar Resolution You can choose between three modes. Two of them are automatic and one is manual:   a) Fast, Longer history, Auto-Steps (~12 intrabars) : Optimized for speed and deeper history. Uses an average minimum of 12 intrabars.   b) More Precise, Shorter History Auto-Steps (~24 intrabars) : Uses finer intrabar resolution. It is slower and provides less history. Uses an average minimum of 24 intrabars.   c) Fixed : Uses the fixed resolution of your choice. Auto-Steps calculations vary for 24/7 and conventional markets in order to achieve the proper target of minimum intrabars. You can choose to view the intrabar resolution currently used to calculate delta volume. It is the default. The proper selection of the intrabar resolution is important. It must achieve maximal granularity to produce precise results while not unduly slowing down calculations, or worse, causing runtime errors. 8 — Markers Six markers are available: 1. Combined Balances Agreement : All three Bar Balances are either bullish or bearish. 2. Up or Down % Agrees With Bar : An up marker will appear when the percentage of up intrabars in an up chart bar is greater than the specified percentage. Conditions mirror to down bars. 3. Divergence confirmations By Price : One of the four types of balance calculations can be used to detect divergences with price. Confirmations occur when the bar following the divergence confirms the balance bias. Note that the divergence events used here do not include neutral intrabar events. 4. Balance Transitions : Bull/bear transitions of the selected balance. 5. Markers Bias Transitions : Bull/bear transitions of the Markers Bias. 6. Divergence Confirmations By Line : Marks points where the line first breaches a divergence level. Markers appear when the condition is detected, without delay. Since nothing is plotted in realtime, markers do not appear on the realtime bar. 9 — Settings • Two modes can be selected to dampen the line on the ratio of neutral intrabars. • A distinct weight can be attributed to the count of the latter half of intrabars, on the assumption that later intrabars may be more important in determining the outcome of chart bars. • Allows control over the periods of the different moving averages used in calculations. • The default periods used for the various calculations define the following hierarchy from slow to fast:   Balance Averages: 50,   Balance Momentum: 20,   Dual Up/Down Averages: 20,   Marker Bias: 10. █  LIMITATIONS • This script uses a special characteristic of the `security()` function allowing the inspection of intrabars—which is not officially supported by TradingView. • The method used does not work on the realtime bar—only on historical bars. • The indicator only works on some chart resolutions: 3, 5, 10, 15 and 30 minutes, 1, 2, 4, 6, and 12 hours, 1 day, 1 week and 1 month. The script’s code can be modified to run on other resolutions, but chart resolutions must be divisible by the lower resolution used for intrabars and the stepping mechanism could require adaptation. • When using the "Line vs Divergence Levels — Dual Color Gradient" color mode to fill the line, background or chart bars, keep in mind that a line calculation mode must be defined for it to work, as it determines gradients on the movement of the line relative to divergence levels. If the line is hidden, it will not work. • When the difference between the chart’s resolution and the intrabar resolution is too great, runtime errors will occur. The Auto-Steps selection mechanisms should avoid this. • Alerts do not work reliably when `security()` is used at intrabar resolutions. Accordingly, no alerts are configured in the indicator. • The color model used in the indicator provides for fancy visuals that come at a price; when you change values in Inputs , it can take 20 seconds for the changes to materialize. Luckily, once your color setup is complete, the color model does not have a large performance impact, as in normal operation the `security()` calls will become the most important factor in determining response time. Also, once in a while a runtime error will occur when you change inputs. Just making another change will usually bring the indicator back up. █  RAMBLINGS Is this thing useful? I'll let you decide. Bar Balance acts somewhat like an X-Ray on bars. The intrabars it analyzes are no secret; one can simply change the chart's resolution to see the same intrabars the indicator uses. What the indicator brings to traders is the precise count of up/down/neutral intrabars and, more importantly, the calculations it derives from them to present the information in a way that can make it easier to use in trading decisions. How reliable is Bar Balance information? By the same token that an up bar does not guarantee that more up bars will follow, future price movements cannot be inferred from the mere count of up/down/neutral intrabars. Price movement during any chart bar for which, let's say, 12 intrabars are analyzed, could be due to only one of those intrabars. One can thus easily see how only relying on bar balance information could be very misleading. The rationale behind Bar Balance is that when the information mined for multiple chart bars is aggregated, it can provide insight into the history behind chart bars, and thus some bias as to the strength of movements. An up chart bar where 11/12 intrabars are also up is assumed to be stronger than the same up bar where only 2/12 intrabars are up. This logic is not bulletproof, and sometimes Bar Balance will stray. Also, keep in mind that balance lines do not represent price momentum as RSI would. Bar Balance calculations have no idea where price is. Their perspective, like that of any historian, is very limited, constrained that it is to the narrow universe of up/down/neutral intrabar counts. You will thus see instances where price is moving up while Balance Momentum, for example, is moving down. When Bar Balance performs as intended, this indicates that the rally is weakening, which does necessarily imply that price will reverse. Occasionally, price will merrily continue to advance on weakening strength. Divergences Most of the divergence detection methods used here rely on a difference between the bias of a calculation involving a multi-bar average and a given bar's price direction. When using "Bar Balance on Bar" however, only the bar's balance and price movement are used. This is the default mode. As usual, divergences are points of interest because they reveal imbalances, which may or may not become turning points. I do not share the overwhelming enthusiasm traders have for the purported ability of bullish/bearish divergences to indicate imminent reversals. Superfluity In "The Bed of Procrustes", Nassim Nicholas Taleb writes: To bankrupt a fool, give him information . Bar Balance can display lots of information. While learning to use a new indicator inevitably requires an adaptation period where we put it through its paces and try out all its options, once you have become used to Bar Balance and decide to adopt it, rigorously eliminate the components you don't use and configure the remaining ones so their visual prominence reflects their relative importance in your analysis. I tried to provide flexible options for traders to control this indicator's visuals for that exact reason—not for window dressing. █  NOTES For traders • To avoid misleading traders who don't read script descriptions, the indicator shows nothing in the realtime bar. • The Data Window shows key values for the indicator. • All gradients used in this indicator determine their brightness intensities using advances/declines in the signal—not their relative position in a fixed scale. • Note that because of the way gradients are optimized internally, changing their brightness will sometimes require bringing down the value a few steps before you see an impact. • Because this indicator does not use volume, it will work on all markets. For coders • For those interested in gradients, this script uses an advanced version of the Advance/Decline gradient function from the PineCoders Color Gradient (16 colors) Framework . It allows more precise control over the range, steps and min/max values of the gradients. • I use the PineCoders Coding Conventions for Pine to write my scripts. • I used functions modified from the PineCoders MTF Selection Framework for the selection of timeframes. █  THANKS TO: — alexgrover who helped me think through the dampening method used to attenuate signal lines on high ratios of neutral intrabars. — A guy called Kuan who commented on a Backtest Rookies presentation of their Volume Profile indicator . The technique I use to inspect intrabars is derived from Kuan's code. — theheirophant , my partner in the exploration of the sometimes weird abysses of `security()`’s behavior at intrabar resolutions. — midtownsk8rguy , my brilliant companion in mining the depths of Pine graphics. He is also the co-author of the PineCoders Color Gradient Frameworks .
Indicatore Pine Script®
di LucF
29
Volatility Stop MTFThis is a multi-timeframe version of our Volatility Stop , an ATR-based trend detector that can be used as a stop. ► Timeframe selection The higher timeframe can be selected using 3 different ways: • By steps (60 min., 1D, 3D, 1W, 1M, 1Y). • As a multiple of the current chart's resolution, which can be fractional, so 3.5 will work. • Fixed. Note that you can also use this indicator without the higher timeframe functionality. It will then behave as our normal Volatility Stop would. ► Stop breaches Two modes of stop-breaching logic can be selected. • In the default, Early Breach mode, the stop is considered breached when a bar at the chart's current resolution breaches the higher timeframe stop. • You may also choose to calculate breaches on the higher timeframe information only. Choosing the Early Breach mode has the advantage of generating faster exits. It will create a state of limbo where the stop has been breached but the Volatility Stop trend has not yet reversed. The impact of detecting earlier exits to minimize losses comes, as is usually the case, at the cost of a compromise: if the stop is breached early in a long trend, the indicator will then spend most of that trend in limbo. Sizeable portions of a trend can thus be missed. A few options are provided when you use Early Breach mode: • A red triangle can identify early breaches (default). • You can color bars or the background to identify limbo states. When in limbo, the color used to plot the indicator's line or shapes will always be darker. ► Alerts Five pre-defined alerts are supplied: • #1: On any trend change. • #2: On changes into an uptrend. • #3: On changes into a downtrend. • #4: Only on breaches of the uptrend by the chart's bars (Early Breach mode). Will not trigger on a trend change. • #5: Only on breaches of the downtrend by the chart's bars (Early Breach mode). Will not trigger on a trend change. As usual, alerts should be configured to trigger Once Per Bar Close . When creating alerts, you will see a warning to the effect that potentially repainting code is used, even if the indicator's default non-repainting mode is active. The warning is normal. ► Other features • You can color bars using the indicator's up/down state. When bars are colored, up bars are more brightly colored. • The HTF line is non-repainting by default, but you can allow it to repaint. • You can confirm the higher timeframe used by displaying it at a selectable distance from the last bar on the chart. • Choice of 2 color themes. • Choice of display as a line, circles, diamonds or arrows. The line can be used with the other shapes. If no line is required, set its thickness to zero. Enjoy! Look first. Then leap.
Indicatore Pine Script®
di TradingView
41
VRSI-MARSI AI wanted to create an indicator which resembles price movement, aside to volume movement. MARSI (= MA RSI(close)) = "yellow-blue" line which is the MA(5) of the RSI (9) of closing price. VRSI (= MA RSI(Volume)) = "orange" line which is the MA(5) of the RSI (9) of Volume . (Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style" > set "Opacity" of "RSI & VRSI")) Because it still is a RSI indicator, the midline (50), and Oversold/Overbought area's (20-30 & 70-80) are important to watch, especially the MARSI! Comparing the price movement with the "orange" Volume VRSI line helps to spot a possible trend change, for example when price goes up and an ascending Volume VRSI line starts to flatten or starts descending, this could be a sign that the Bullish trend is weakening, predicting a possible trend change. Or, when for example a downwards price movement is accompanied with a rising Volume VRSI line, this can be a sign of large Bearish power. This study comes with Bollinger Bands as an assisting tool, it is default made not visible but can be made visible ("settings" > "style" > Set "Opacity" of "basis, upper & lower") You can see where the MARSI ("yellow-blue" line) crosses the "basis", or bounces off the bands, ... All this is seen in "VRSI-MARSI B" "VRSI-MARSI A" contains the alerts: 1) Long/Short = "Triangle UP/DOWN", color: lime/red Condition: Movement of MA(5) of RSI (9) of price (close ) 2) Long2/Short2 = ">", color: lime/red Condition: Long/Short condition is true for 2 or more bars (= continuation) 3) Long3/Short3 = "•", color: lime/red Condition: MA RSI (Close) crosses MA RSI ( Volume ) 1 or more alerts can easily be disabled if desired (settings > inputs) Thanks! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- More information available in the script ;-)
Indicatore Pine Script®
di fikira
8
VRSI-MARSI BI wanted to create an indicator which resembles price movement, aside to volume movement. MARSI (= MA RSI(close)) = "yellow-blue" line which is the MA(5) of the RSI (9) of closing price. VRSI (= MA RSI(Volume)) = "orange" line which is the MA(5) of the RSI (9) of Volume . (Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style" > set "Opacity" of "RSI & VRSI")) Because it still is a RSI indicator, the midline (50), and Oversold/Overbought area's (20-30 & 70-80) are important to watch, especially the MARSI! Comparing the price movement with the "orange" Volume VRSI line helps to spot a possible trend change, for example when price goes up and an ascending Volume VRSI line starts to flatten or starts descending, this could be a sign that the Bullish trend is weakening, predicting a possible trend change. Or, when for example a downwards price movement is accompanied with a rising Volume VRSI line, this can be a sign of large Bearish power. This study comes with Bollinger Bands as an assisting tool, it is default made not visible but can be made visible ("settings" > "style" > Set "Opacity" of "basis, upper & lower") You can see where the MARSI ("yellow-blue" line) crosses the "basis", or bounces off the bands, ... All this is seen in "VRSI-MARSI B" "VRSI-MARSI A" contains the alerts: 1) Long/Short = "Triangle UP/DOWN", color: lime/red Condition: Movement of MA(5) of RSI (9) of price (close ) 2) Long2/Short2 = ">", color: lime/red Condition: Long/Short condition is true for 2 or more bars (= continuation) 3) Long3/Short3 = "•", color: lime/red Condition: MA RSI (Close) crosses MA RSI ( Volume ) 1 or more alerts can easily be disabled if desired (settings > inputs) Thanks! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- More information available in the script ;-)
Indicatore Pine Script®
di fikira
4
Visual RSI [LucF]Visual RSI offers a different way of looking at RSI by providing a composite representation of 9 different RSI-generated components. Instead of focusing on one line only, this approach blends multiple sources to provide the viewer with a larger context RSI-based picture. For those who don’t want to read • Green in bullish (>50) zone is the most bullish. • Red in bullish zone doesn’t necessarily mean bearish—it just means bullish strength is weakening. It may be just a pause before a reprise or exhaustion signalling a reversal—impossible to tell. • The same in inverse applies to the bearish zone (<50). For those who want to understand The nine components making up Visual RSI are: • a current timeframe RSI • a higher timeframe RSI • the delta between these two RSI lines • for each of these three basic components, two independent Bollinger band: one calculated for the bullish section of the scale (>50) and a separate one calculated for the lower bearish region. Dual BBs In my view, RSI’s position with regards to the centerline is much more important than its position in extreme areas. Why? Because the building block of RSI is the ratio of the averages of up/down moves during the RSI period. When the average of ups is greater, RSI is > 50. So while a rising signal starting from 20 let’s say, indicates that the rate of change is increasing, only when it crosses 50 can we say that sentiment balance has truly become bullish, and this information is more reliable than the signal being at a level corresponding to whatever estimate we make of what constitutes an extreme value. In my landscape, the general balance of a ratio provides more valuable information than the ratio’s exact value. The idea behind the dual BBs is to provide independent tracking information for both halves of the indicator’s space, which I find more useful than the normal method of simply adding a multiple of the standard deviation on both sides of the mean. With dual BBs, the upper BB will never go lower than the indicator’s centerline, and the lower BB will never go higher. The upper BB focuses on upper-bound volatility when the signal is bearish, and the lower BB focuses on downside volatility when the signal is bearish. The functions used to calculate the independent BBs are reusable on other signals if a centerline can be defined for them. A clamping percentage is implemented, so that when a BB line is hugging the centerline it clamps to it. This helps in providing earlier signals when they use the BB line states. Providing context to RSI What RSI measures indirectly is the balance in the rate of change—or the speed of price movement, but not its instant value, otherwise RSI would be even noisier. More precisely, RSI represents the relative strength of the up/down movement in the last n bars of RSI’s length, with 14 often used because that’s what Wilder proposed (Visual RSI’s defaults are 20 for the current timeframe and 40 for the higher timeframe). At every bar, a new value is added to the equation and an old value carrying equal weight is dropped, so a large dropped off value will have more impact on RSI’s value if the new bar’s move is small. This accounts for some of RSI’s speed in identifying exhaustion after important moves, but almost for some of its noise. Visual RSI is the result of trying to drown RSI’s noise in the context of other informational streams, while simultaneously providing even faster information than RSI alone, by giving more visual weight to the delta between the current and higher timeframe RSI’s. How to read Visual RSI The default settings show all 9 basic components as green/red areas of intensities varying with their importance. The most intense colors are reserved for the delta RSI and the BBs have the lightest intensities. The individual lines of components are intentionally difficult to distinguish so that focus is first on the general picture, including the all-important six-state background, and then on the delta RSI. One entry setup could be reversals in a larger trend context, so low pivots of the delta in a fully bullish context (a green background in the upper section of the indicator), and inversely, high pivots in a fully bearish context (a red background in the lower section of the indicator). Please resist the common misconception, when interpreting RSI, that a reversal in the signal will necessarily lead to a reversal in price. Each trend has its rhythm. Only machine-generated price action can progress regularly. It’s normal for trends to take a breather for some time before they continue or reverse, as traders driving the trend experience emotional fatigue and gradual fear. RSI reversals merely signify that such a breather has occurred—nothing more. Only the larger context can provide information that can situate that pause and put more meaningful odds on it having more probability of continuing in one direction or the other. This is the reasoning behind the setup just described. Features • All components can be hidden, displayed as a simple line, a uniformly colored fill, or a green/red fill (the default). • The background can be colored using 9 different methods, including 3 six-state methods using the rising/falling BB lines of the 3 basic components. These six states allow for bullish/bearish/neutral sentiment in both the upper and lower regions of the indicator. A bearish (dark red) background in the bullish (>50) section of the indicator represents decreasing bullishness. A bearish (slightly brighter red) in the bearish (<50) section of the indicator means incresingly bearish sentiment. The six-state backgrounds allow for neutral (no color) sentiment when no compelling signs can be found to conclude anything with meaningful odds. The default background uses the six-state method on the higher timeframe RSI’s BBs because I find it the most useful, as it represents the largest—and slowest—context sentiment among all the indicator’s components. • A thin status bar in the top part of the indicator also allows selection of the same 9 methods to color it. The default is a triple-state system using the rising/falling characteristics of the current timeframe RSI’s BBs to provide a short-term counterbalance to the long-term background. • Three different markers can be configured using approximately 70 permutations each, each filtered by 20 different filter permutations. When modification of the relevant parameters in the script’s Settings/Settings/Parameters section is added, possibilities are almost endless. If the generated signals are then fed into the PineCoders Engine and combined with the Engine’s own options, the permutations go up another order of magnitude, and changes to any setting can be instantly evaluated using the Engine’s backtesting results. • Five simple filters can be combined. They are additive. They include volume-related conditions and a chandelier, which I find useful because both volume and volatility (the chandelier using highs/lows and ATR) are sensible complementary sources to RSI’s momentum information. The filter’s state can be shown as a thin line at the bottom of the indicator. • Alerts can be configured using any of the marker/filter combinations mentioned. As usual, once your markers/filters are set up the way you want, create your alert from the chart/timeframe you want the alert to run on and be sure to use the “Once Per Bar Close” triggering condition. Use an alert message that will remind you of which combination of markers were used when creating the alert. • A plot providing entry signals for the PineCoders Backtesting & Trading Engine is supplied. It will use whichever marker/filter configuration is active to generate signals. • All higher timeframe information is non-repainting. Higher timeframe lines can be smoothed (the default). The selection of the higher timeframe can be made using 3 different methods: 1. By steps (if current timeframe <= 1 minute: 60 min, <= 60 min: 1D, <= 6H: 3D, <= 1D: 1W, <=1W: 1M, >1W: 12M) 2. By a user-defined multiple of the current timeframe 3. Using a fixed timeframe Thanks to: • Alex Orekhov aka @everget for the chandelier code. • @RicardoSantos who through a small remark early on, unknowingly put me on the track of eliminating noise through visual crowding. • The brilliant guys in the PineCoders Pro room for your knowledge, limitless creativity and constant companionship.
Indicatore Pine Script®
di LucF
22
Chaikin Oscillator HystogramThis indicator shows an hystogram with the Chainkin Oscilator values, with color changes in function of the direction (up/down) . Also show the 0 crossovers, up and down. Chaikin Oscillator gets its name from its creator, Marc Chaikin. The Chaikin Indicator applies MACD to the accumulation-distribution line rather than closing price. For me it's very usefull to identify (or confirm) trends up and trends down. All my published scripts: es.tradingview.com
Indicatore Pine Script®
di Nakitxu
3
Percentage OscillatorUsing momentum calculations on multiple time frames and adding everything together into 4 separate directions: 1- green: the strength and momentum in +45 to +90 degrees angle 2- blue: the strength and momentum in 0 to +45 degrees angle 3- orange: the strength and momentum in 0 to -45 degrees angle 4- red: the strength and momentum in -45 to -90 degrees angle Single parameter to control the size of the largest moving window. Uptrend is green with orange corrections Downtrend is red with blue corrections When downtrend turns into uptrend, blue becomes green When uptrend turns into downtrend, orange becomes red The natural cycle of the market is RED->BLUE->GREEN->ORANGE and so on, you will see the cycle repeats itself 3 times before a break up\down. The strength of the movement depends on the height and width of all the waves that created the 3 cycle movement (reminds Elliot in an oscillatory representation) The script is provided as is, there are no trading strategies implied or recommended. Feel free to PM with questions
Indicatore Pine Script®
di Spectrum101
1
Kawabunga Swing Failure Points Candles (SFP) by RRBKawabunga Swing Failure Points Candles (SFP) by RagingRocketBull 2019 Version 1.0 This indicator shows Swing Failure Points (SFP) and Swing Confirmation Points (SCP) as candles on a chart. SFP/SCP candles are used by traders as signals for trend confirmation/possible reversal. The signal is stronger on a higher volume/larger candle size. A Swing Failure Point (SFP) candle is used to spot a reversal: - up trend SFP is a failure to close above prev high after making a new higher high => implies reversal down - down trend SFP is a failure to close below prev low after making a new lower low => implies reversal up A Swing Confirmation Point (SCP) candle is just the opposite and is used to confirm the current trend: - up trend SCP is a successful close above prev high after making a new higher high => confirms the trend and implies continuation up - down trend SCP is a successful close below prev low after making a new lower low => confirms the trend and implies continuation down Features: - uses fractal pivots with optional filter - show/hide SFP/SCP candles, pivots, zigzag, last min/max pivot bands - dim lag zones/hide false signals introduced by lagging fractals or - use unconfirmed pivots to eliminate fractal lag/false signals. 2 modes: fractals 1,1 and highest/lowest - filter only SFP/SCP candles confirmed with volume/candle size - SFP/SCP candles color highlighting, dim non-important bars Usage: - adjust fractal settings to get pivots that best match your data (lower values => more frequent pivots. 0,0 - each candle is a pivot) - use one of the unconfirmed pivot modes to eliminate false signals or just ignore all signals in the gray lag zones - optionally filter only SFP/SCP candles with large volume/candle size (volume % change relative to prev bar, abs candle body size value) - up/down trend SCP (lime/fuchsia) => continuation up/down; up/down trend SFP (orange/aqua) => possible reversal down/up. lime/aqua => up; fuchsia/orange => down. - when in doubt use show/hide pivots/unconfirmed pivots, min/max pivot bands to see which prev pivot and min/max value were used in comparisons to generate a signal on the following candle. - disable offset to check on which bar the signal was generated Notes: Fractal Pivots: - SFP/SCP candles depend on fractal pivots, you will get different signals with different pivot settings. Usually 4,4 or 2,2 settings are used to produce fractal pivots, but you can try custom values that fit your data best. - fractal pivots are a mixed series of highs and lows in no particular order. Pivots must be filtered to produce a proper zigzag where ideally a high is followed by a low and another high in orderly fashion. Fractal Lag/False Signals: - only past fractal pivots can be processed on the current bar introducing a lag, therefore, pivots and min/max pivot bands are shown with offset=-rightBars to match their target bars. For unconfirmed pivots an offset=-1 is used with a lag of just 1 bar. - new pivot is not a confirmed fractal and "does not exist yet" while the distance between it and the current bar is < rightBars => prev old fractal pivot in the same dir is used for comparisons => gives a false signal for that dir - to show false signals enable lag zones. SFP/SCP candles in lag zones are false. New pivots will be eventually confirmed, but meanwhile you get a false signal because prev pivot in the same dir was used instead. - to solve this problem you can either temporary hide false signals or completely eliminate them by using unconfirmed pivots of a smaller degree/lag. - hiding false signals only works for history and should be used only temporary (left disabled). In realtime/replay mode it disables all signals altogether due to TradingView's bug (barcolor doesn't support negative offsets) Unconfirmed Pivots: - you have 2 methods to check for unconfirmed pivots: highest/lowest(rightBars) or fractals(1,1) with a min possible step. The first is essentially fractals(0,0) where each candle is a pivot. Both produce more frequent pivots (weaker signals). - an unconfirmed pivot is used in comparisons to generate a valid signal only when it is a higher high (> max high) or a lower low (< min low) in the dir of a trend. Confirmed pivots of a higher degree are not affected. Zigzag is not affected. - you can also manually disable the offset to check on which bar the pivot was confirmed. If the pivot just before an SCP/SFP suddenly jumps ahead of it - prev pivot was used, generating a false signal. - last max high/min low bands can be used to check which value was used in candle comparison to generate a signal: min(pivot min_low, upivot min_low) and max(pivot max_high, upivot max_high) are used - in the unconfirmed pivots mode the max high/min low pivot bands partially break because you can't have a variable offset to match the random pos of an unconfirmed pivot (anywhere in 0..rightBars from the current bar) to its target bar. - in the unconfirmed pivots mode h (green) and l (red) pivots become H and L, and h (lime) and l (fuchsia) are used to show unconfirmed pivots of a smaller degree. Some of them will be confirmed later as H and L pivots of a higher degree. Pivot Filter: - pivot filter is used to produce a better looking zigzag. Essentially it keeps only higher highs/lower lows in the trend direction until it changes, skipping: - after a new high: all subsequent lower highs until a new low - after a new low: all subsequent higher lows until a new high - you can't filter out all prev highs/lows to keep just the last min/max pivots of the current swing because they were already confirmed as pivots and you can't delete/change history - alternatively you could just pick the first high following a low and the first low following a high in a sequence and ignore the rest of the pivots in the same dir, producing a crude looking zigzag where obvious max high/min lows are ignored. - pivot filter affects SCP/SFP signals because it skips some pivots - pivot filter is not applied to/not affected by the unconfirmed pivots - zigzag is affected by pivot filter, but not by the unconfirmed pivots. You can't have both high/low on the same bar in a zigzag. High has priority over Low. - keep same bar pivots option lets you choose which pivots to keep when there are both high/low pivots on the same bar (both kept by default) SCP/SFP Filters: - you can confirm/filter only SCP/SFP signals with volume % change/candle size larger than delta. Higher volume/larger candle means stronger signal. - technically SCP/SFP is always the first matching candle, but it can be invalidated by the following signal in the opposite dir which in turn can be negated by the next signal. - show first matching SCP/SFP = true - shows only the first signal candle (and any invalidations that follow) and hides further duplicate signals in the same dir, does not highlight the trend. - show first matching SCP/SFP = false - produces a sequence of candles with duplicate signals, highlights the whole trend until its dir changes (new pivot). Good Luck! Feel free to learn from/reuse the code to build your own indicators!
Indicatore Pine Script®
di RagingRocketBull
22
Renko CandlesticksRenko charts are awesome . They reduce noise by only painting a brick on the chart when price moves by a specified amount up/down. When the price reverses, it must go twice the specified amount before a brick is painted. Time is not a factor, just price movement. Sometimes however, you want the pros of a renko chart, but on a regular candlestick chart. This indicator attempts to do just that. A band is placed around price action showing the upper and lower bounds of what would be the current renko brick. The band only goes up/down when the price action itself moves up/down by the amount you specify. There are several ways of specifying the amount: Fixed Price Amount: As the name says, you enter the brick size amount, i.e. the amount the price has to move before being in a new brick. % of Price: This method will calculate the amount the price has to move as a percentage of the price itself. This way as price goes up/down, your brick size will adjust accordingly. Recommended values would be around 1% or less. % of ATR: This option will make the brick size a percentage of the Average True Range. You can specify the ATR time frame to be different from your current time frame as well as the ATR length. For instance you could be on a 10 minute chart but specify the ATR to be daily with a length of 3 and a percentage amount of 15. This would make your brick size 15% of the Average True Range for the last 3 days. Recommended values are 10 to 20%. Use this indicator on any time frame, even the 1 minute as the renko bands span the price action the same way on any time frame easily letting you know whether or not the price has moved appreciably, regardless of how much time has passed. You can also set alerts easily, simply set the alert to crossing and choose “Renko Candlesticks” instead of “Value”. You will then see the options for the renko upper and lower bounds. Tested on Bitcoin with the following values: Fixed Price Amount: 30 ($30) % of Price: 0.45 (if Bitcoin is $7000 then the brick size would be $31.50) % of ATR: 15%, ATR Time Frame: 1D, ATR Length: 3 (3 days)
Indicatore Pine Script®
di ragamufin
21
Fibonacci Commodity Stenth IndexFibonacci Commodity Strength Value tells us about the strength and weakness of bull or bear market. The main focus in this is too be done at reversal. It can also be used for identifying fake ups/downs. If all the 4 lines moves upward after a huge up spike, then notice the values of all 4 values. If red fib is smaller than green fib then it is a fake trend. If its more then its uptrend and same for bear movement. ;) It also represents cci (in terms of values) and rsi (in terms of waves). Enjoy !!!!!
Indicatore Pine Script®
di LensOfChartist
5
Multi Cycles Predictive System ML - GBM IntegratedMulti-Cycle Predictive System: The Gradient Boosting Machine (GBM) Revolution Introduction: The Death of Static Analysis The financial markets are not static; they are a living, breathing, and chaotic system. Yet, for decades, traders have relied on static indicators—using the same RSI settings, the same MACD parameters, and the same Moving Averages regardless of whether the market is trending, chopping, or crashing. The Multi-Cycle Predictive System (MCPS) represents a paradigm shift. It is not just an indicator; it is an Adaptive Machine Learning Engine running directly on your chart. By integrating a fully functional Gradient Boosting Machine (GBM), this script does not guess—it learns. It monitors 13 distinct algorithmic models, calculates their real-time accuracy against future price action, and dynamically reallocates influence to the "winning" models using gradient descent. This is Survival of the Fittest applied to technical analysis. 1. The Core Engine: Gradient Boosting & Adaptive Learning At the heart of the MCPS is a custom-coded Gradient Boosting Machine. While most "ML" scripts on TradingView simply average a few indicators, this system replicates the architecture of advanced data science models. How the GBM Works: Ensemble Prediction: The system aggregates signals from 13 different mathematical models. Residual Calculation: It compares the ensemble's previous predictions against the actual price movement (Price Return) to calculate the error (Residual). Gradient Descent: It calculates the gradient of the loss function. We utilize a Huber Loss Gradient, which is robust against outliers (market spikes), ensuring the model doesn't overreact to volatility. Weight Optimization: Using a configurable learning rate, the system updates the weights of each sub-algorithm. Models that predicted correctly gain weight; models that failed lose influence. Softmax Normalization: Finally, weights are passed through a Softmax function (with Temperature control) to convert them into probabilities that sum to 1.0. The "Winner-Takes-All" Philosophy A common failure in ensemble systems is "Signal Dilution"—where good signals are drowned out by bad ones. The MCPS solves this with Aggressive Weight Concentration: Top 3 Logic: The script identifies the top 3 performing algorithms based on historical accuracy. The 90% Rule: It forces the system to allocate up to 90% of the total decision weight to these top 3 performers. Result: If Ehlers and Schaff are reading the market correctly, but MACD is failing, MACD is effectively silenced. The system listens only to the winners. 2. The 13 Algorithmic Pillars The MCPS draws from a diverse library of Digital Signal Processing (DSP), Statistical, and Momentum algorithms. It does not rely on simple moving averages. Ehlers Bandpass Filter: Isolates the dominant cycle in price data, removing trend and noise. Zero-Lag EMA (ZLEMA): Reduces lag to near-zero to track momentum shifts instantly. Coppock Curve: A classic long-term momentum indicator, modified here for adaptive responsiveness. Detrended Price Oscillator (DPO): Eliminates the trend to identify short-term cycles. Schaff Trend Cycle (STC): A double-smoothed stochastic of the MACD, excellent for identifying cycle turns. Fisher Transform: Converts price into a Gaussian normal distribution to pinpoint turning points. MESA Adaptive: Uses Maximum Entropy Spectral Analysis to detect the current dominant cycle period. Goertzel Algorithm: A DSP technique used to identify the magnitude of specific frequency components in the price wave. Hilbert Transform: Extracts the instantaneous amplitude and phase of the price action. Autocorrelation: Measures the similarity between the price series and a lagged version of itself to detect periodicity. Singular Spectrum Analysis (SSA): Decomposes the time series into trend, seasonal, and noise components (Simplified). Wavelet Transform: Analyzes data at different scales (frequencies) simultaneously. Empirical Mode Decomposition (EMD): Splits data into Intrinsic Mode Functions (IMFs) to isolate pure cycles. 3. The Dashboard: Total Transparency Black-box algorithms are dangerous. You need to know why a signal is being generated. The MCPS features two detailed dashboards (tables) located at the bottom of your screen. The Weight & Accuracy Table (Bottom Right) This is your "Under the Hood" view. It displays: Algorithm: The name of the model. Accuracy: The rolling historical accuracy of that specific model over the lookback period (e.g., 58.2%). Weight: The current influence that model has on the final signal. Watch this change in real-time. You will see the system "giving up" on bad models and "betting heavy" on good ones. Prob/Sig: The raw probability and directional signal (Up/Down). The GBM Stats Table (Bottom Left) Tracks the health of the Machine Learning engine: Iterations: How many learning cycles have occurred. Entropy: A measure of market confusion. High entropy means weights are spread out (models disagree). Low entropy means the models are aligned. Top 3 Weight: Shows how concentrated the decision power is. If this is >80%, the system is highly confident in specific models. Confidence & Agreement: Statistical measures of the signal strength. 4. How to Trade with MCPS This system outputs a single, composite Cycle Line (oscillating between -1 and 1) and a background Regime Color. Strategy A: The Zero-Cross (Trend Reversal) Bullish: When the Cycle Line crosses above 0. This indicates that the weighted average of the top-performing algorithms has shifted to a net-positive expectation. Bearish: When the Cycle Line crosses below 0. Strategy B: Probability Extremes (Mean Reversion) Strong Buy: When the Cycle Line drops below -0.5 (Oversold) and turns up. This indicates a high-probability cycle bottom. Strong Sell: When the Cycle Line rises above +0.5 (Overbought) and turns down. Strategy C: Regime Filtering The background color changes based on the aggregate consensus: Green/Lime: Bullish Regime. Look primarily for Long entries. Ignore weak sell signals. Red/Orange: Bearish Regime. Look primarily for Short entries. Gray: Neutral/Choppy. Reduce position size or wait. 5. Configuration & GBM Settings The script is highly customizable for advanced users who want to tune the Machine Learning hyperparameters. Prediction Horizon: How many days into the future are we trying to predict? (Default: 3). Accuracy Lookback: How far back does the model check to calculate "Accuracy"? GBM Learning Rate: Controls how fast the model adapts. High (0.2+): Adapts instantly to new market conditions but may be "jumpy." Low (0.05): Very stable, long-term adaptation. Temperature: Controls the "Softmax" function. Higher temperatures allow for softer, more distributed weights. Lower temperatures force a "Winner Takes All" outcome. Max Top 3 Weight: The cap on how much power the top 3 models can hold (Default: 90%). 6. Technical Nuances (For the Geeks) Huber Gradient: We use Huber loss rather than MSE (Mean Squared Error) for the gradient descent. This is crucial for financial time series because price spikes (outliers) can destroy the learning process of standard ML models. Huber loss transitions from quadratic to linear error, making the model robust. Regularization: L2 Regularization is applied to prevent overfitting, ensuring the model doesn't just memorize past noise. Memory Decay: The model has a "fading memory." Recent accuracy is weighted more heavily than accuracy from 200 bars ago, allowing the system to detect Regime Shifts (e.g., transitioning from a trending market to a ranging market). Disclaimer: This tool is a sophisticated analytical instrument, not a crystal ball. Machine Learning attempts to optimize probabilities based on historical patterns, but no algorithm can predict black swan events or fundamental news shocks. Always use proper risk management. The "Warmup Period" is required. The script needs to process 50 bars of history before the GBM engine initializes and produces signals. Author's Note: I built the MCPS because I was tired of indicators that stopped working when the market "personality" changed. By integrating GBM, this script adapts to the market's personality in real-time. If the market is cycling, Ehlers and Goertzel take over. If the market is trending, Coppock and ZLEMA take the lead. You don't have to choose—the math chooses for you. Please leave a boost and a comment if you find this helpful!
Indicatore Pine Script®
di jaydesaigu
Dragon Trend+Arrows Suite This indicator is a volatility-normalized momentum + trend state tool designed to provide a clean “market regime” read: UP / DOWN / NEUTRAL, with optional visual confirmation on the chart. Works on collection of clasic indicators and some simple math. ⚙️ How it works (logic) 1) Adaptive baseline The core reference line is an EMA(basisLen) acting as a dynamic equilibrium price. You can treat this setting as a sensitivity for entire thing. 2) ATR volatility envelope An ATR channel is built around the baseline: Upper Band = EMA + (ATR × multiplier) Lower Band = EMA − (ATR × multiplier) This scales signals to current volatility (tight markets vs. fast markets). 3) “Impulse” detection Bull impulse when price is above both the baseline and the upper ATR band. Bear impulse when price is below both the baseline and the lower ATR band. 4) Momentum confirmation (filters) Signals are confirmed only when momentum agrees: RSI must be on the correct side of 50 MACD Histogram must match direction (positive for bullish / negative for bearish) So a signal requires price expansion (ATR breakout) + momentum agreement (RSI + MACD). 🧭 Trend state behavior When a new BUY/SELL impulse is confirmed, the script updates a persistent trend state (“BUY”, “SELL”, or “NONE”). That state stays active until the opposite confirmed impulse appears. ✅ Visuals & Usage Made some minor, mostly visual upgrades on this release: Baseline + ATR bands are smoothed for cleaner visuals. Optional BUY/SELL arrows are plotted outside the channel to avoid overlap with channel. Optional full-chart background shading reflects the current trend state: Green = UPTREND Red = DOWNTREND A minimal top panel shows the current regime (UP / DOWN / NEUTRAL). I also recently added this channel smoother parameter (for Dragon Channel), if you want it to have less spikes on those MAs just use the bigger number, I picked 8 for default. Actualy its as simple as just follow the arrows direction, given the correct settings with slightly higher basisLen on higher TFs you can get prety accurate long shots. Ofcourse you can still can get random signals or noise on lower TFs, so it can be used as a background trend/momentum confirmation layer alongside your other favorite indicators or strategy tools.
Indicatore Pine Script®
di FxShareRobots
SCOTTGO - Buy Sell Volume📊 SCOTTGO - Buy Sell Volume Bars - Delta - Up Down Volume Bars This indicator disaggregates the total volume traded on each bar into estimated Buying Volume and Selling Volume to visualize market pressure and dominance directly in a dedicated sub-pane. Key Features: Volume Disaggregation: Uses a standard formula to estimate how much of a bar's total volume was associated with upward (buying) pressure and how much was associated with downward (selling) pressure. Visual Clarity: Plots the Buy Volume (teal, upward) and Sell Volume (red, downward) as separate columns against a transparent total volume background, allowing for quick assessment of pressure balance. Real-Time Badge: A dynamic badge is fixed to the corner of the chart (default: Top Right) providing a numeric summary of the latest bar: Buy %: Percentage of the bar's total volume estimated as Buying Volume. Sell %: Percentage of the bar's total volume estimated as Selling Volume. Delta %: The magnitude of the volume difference (Delta) as a percentage of total volume, indicating the strength of the dominant side. Dominance Indicator: The background color of the badge changes dynamically to immediately signal whether Buying (customizable color, default: Teal) or Selling (customizable color, default: Red) pressure was dominant on the current bar. Usage: Traders can use this tool to identify periods of heavy accumulation (high Buy Volume) or distribution (high Sell Volume), providing insight into the conviction behind price movements.
Indicatore Pine Script®
di SCOTTGO