[astropark] ALGO Trading V1.2 [strategy]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator : the upgraded version of ALGO Trading V1 for Binance Bitcoin PERP on 15m timeframe!
It is runnable on a bot , just write me in order to help you do it.
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a Filter Noise option, which reduces overtrading
enable/disable a Trailing Stop option
enable/disable/config a Take Profit option, with Re-Entry
enable/disable a secret Smart Close Option which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy (where to start a long trade) or 1 sell (for short trade). If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher on RE-ENTRY signal to maximize your profit.
Strategy results are calculated on the time window from December 2019 to now, so on more than 7 months, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use proper money and risk management strategies.
In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator (just search for astropark's "ALGO Trading V1.2" indicator and choose the one with "alarms" suffix).
You can check out previous ALGO Trading V1 indicator here below:
This is a premium indicator , so send me a private message in order to get access to this script.
Cerca negli script per "algo"
FUNCTION: Goertzel algorithm -- DFT of a specific frequency binThis function implements the Goertzel algorithm (for integer N).
The Goertzel algorithm is a technique in digital signal processing (DSP) for efficient evaluation of the individual terms of the discrete Fourier transform (DFT).
In short, it measure the power of a specific frequency like one bin of a DFT, over a rolling window (N) of samples.
Here you see an input signal that changes frequency and amplitude (from 7 bars to 17). I am running the indicator 3 times to show it measuring both frequencies and one in between (13). You can see it very accurately measures the signals present and their power, but is noisy in the transition. Changing the block len will cause it to be more responsive but noisier.
Here is a picture of the same signal, but with white noise added.
If you have a cycle you think is present you could use this to test it, but the function is designed for integration in to more complicated scripts. I think power is best interrupted on a log scale.
Given a period (in bars or samples) and a block_len (N in Goertzel terminology) the function returns the Real (InPhase) and Quadrature (Imaginary) components of your signal as well as calculating the power and the instantaneous angle (in radians).
I hope this proves useful to the DSP folks here.
Fianchetto v1Hello, I created this script last year I decided I would release it to the public. This script uses Moving Averages to attack or defend price action given the current conditions of the market. This strategy is ONLY for currencies I would NOT recommend using on any other markets. This strategy is wrong about 55% of the time so use at your own risk. This strategy has 2 main focuses, 1. Catching trends and riding trends 2. Defending Profits from a Trend, as a trend starts to form you want to make sure you can get the most juice out of the trend while also ensuring profit taking throughout the trend. This algorithm uses moving averages in a more creative way than just trading crossover's, we use a small MA to use it's direction of travel as a traffic light while using a bigger MA as a filter for our trade bias (bear or bull). Our Traffic light or small MA is what ensures we are defending profits as when the traffic light switches colors we close our trade even if our filter is still the same bias. This however does not mean we are done trading the current trend wave, We wait for our traffic light to switch back to the same bias as our filter to re-enter the trade. I will be updating this system as time goes on, if you have any questions or problems please pm me, QuantsGambit
Patient Trendfollower (7)(alpha) Backtesting AlgorithmThis is an alpha version of backtesting algorithm for my Patient Trendfollower (7) strategy. It can help you adapt the indicator to other charts than EURUSD. Please bear in mind that price action, volume profiles and supzistences are a catalyst for successful trading, not an indicator. You can get significantly better results if you use these things in your trading and use Trendfollower only as a secondary tool.
Patient Trendfollower Indicator
Thanks belongs to @everget and Satik FX, their contributions are highlighted on an indicator page.
[astropark] ALGO Trading V3 [strategy]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on many timeframes (from 1h and above is suggested), just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V1" or "ALGO Trading V2" , but a twin sister of them.
For your reference, here it is the "ALGO Trading V1" indicator
and here the "ALGO Trading V2"
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option , which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator (just search for astropark's "ALGO Trading V3" indicator and choose the one with "alarms" suffix).
Strategy results are calculated on the time window from 1995 to now, so on more than 15 years, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you backtest how the indicator will perform on any chart and timeframe you may like to test and/or trade. Of course results will be very different depending on the chart and timeframe you will open. I tested a lot of charts and always you can find a combination that keep this strategy in profit on swing trading style (and this means that if you can have a daily look at the chart you can always manage to maximize your profit on each trade!)
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] ALGO Trading V2 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on many timeframes (ones between 1h and 1D are suggested, but just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V1" or "ALGO Trading V3" , but a twin sister of them. Search them on TradingView to know them better.
Here you can find ALGO Trading V1
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option , which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "ALGO Trading V2" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
Strategy results are calculated on the time window from January 2018 to now, so on more than 2 years, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] ALGO Trading V2 [strategy]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on many timeframes (ones between 1h and 1D are suggested, but just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V1" or "ALGO Trading V3" , but a twin sister of them. Search them on TradingView to know them better.
Here you can find ALGO Trading V1
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option , which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator (just search for astropark's "ALGO Trading V2" indicator and choose the one with "alarms" suffix).
Strategy results are calculated on the time window from January 2019 to now, so on more than 1 year, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you backtest how the indicator will perform on any chart and timeframe you may like to test and/or trade. Of course results will be very different depending on the chart and timeframe you will open. I tested a lot of charts and always you can find a combination that keep this strategy in profit on swing trading style (and this means that if you can have a daily look at the chart you can always manage to maximize your profit on each trade!)
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] ALGO Trading V1 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on Low Timeframes (1h is suggested) but also on even lower ones (till 15m) and on higher ones (no further than 1D), just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V2" or "ALGO Trading V3" , but a twin sister of them. Search them on TradingView to know them better.
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option , which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "ALGO Trading V1" and then choosing the indicator with "strategy" suffix in the name, or you can find here below
Strategy results are calculated on the time window from January 2019 to now, so on more than 1 year, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] ALGO Trading V1 [strategy]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot , which works great on Low Timeframes (1h is suggested) but also on even lower ones (till 15m) and on higher ones (no further than 1D), just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is not an evolution of "ALGO Trading V2" or "ALGO Trading V3" , but a twin sister of them. Search them on TradingView to know them better.
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a "filter noise" option, which try to reduce overtrading (you can easily check it on backtesting)
enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.
In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator (just search for astropark's "ALGO Trading V1" indicator and choose the one with "alarms" suffix).
Strategy results are calculated on the time window from January 2019 to now, so on more than 1 year, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you backtest how the indicator will perform on any chart and timeframe you may like to test and/or trade. Of course results will be very different depending on the chart and timeframe you will open. I tested a lot of charts and always you can find a combination that keep this strategy in profit on swing trading style (and this means that if you can have a daily look at the chart you can always manage to maximize your profit on each trade!)
This is a premium indicator , so send me a private message in order to get access to this script.
Alerts on OnePunch Algo StudyIn this study you will be able to get alerts based on the OnePunch Algo Strategy Version 1 and 2.
How To Use:
Open Alerts and Pick Alerts on OnePunch Algo Study option.
For buy alerts, pick Buy Signal option
For sell alerts, pick Sell Signal option
Simple as that. This script will provide buying and selling alerts to your email and mobile app notifications.
MACKAVELLI Algorithmic StrategyI had a hard time finding a strategy that would work in different time-frames and multiple different currency pairs. This is what I ended up with after countless hours of research and testing. I designed this strategy for auto-algorithmic trading and it uses three different indicators for Long/Short positions and a 4th indicator for exiting positions.
1) A green-light indicator that tells you whether or not you can go long/short.
2) A confirmation indicator that executes the long/short positions.
3) A chop indicator that measures the distance between the two MA's. When they're too close a trade will not be executed, as this usually indicates a chop zone.
4) A third MA is used as an exit indicator.
5) Finally, a loop function is designed to prevent repeat signals. Once a signal is produced on bar close it cannot happen again until that trade is closed or a new position is opened.
Be advised, you need to adjust the settings for each currency pair and time-frame. Once you do that, back-test it and count the last 100 trades to determine accurately your wins/losses. Long entries are the top of the previous bar, shorts are the bottom of the previous bar. This is a more accurate way of counting wins/losses. Tradingview back-test's are not accurate because of where they estimate your long/short entries are, it's very misleading.
Right now I have it setup for 2hr USDCAD with a back-test of 58% win rate on the last 100 trades.
The chop indicator is set to 0.04, I suggest starting there. 0.03 is the lowest I would go. You can go all the way up to 0.1 and higher if needed. You'll start missing big trades though.
The EMA for green-light signal is set to 10, a lower number will give you more entries but less accurate results, bigger number will give less entries with more accuracy but with missed opportunities. 10 is a good starting point.
This strategy is also designed so you can use tight stop losses to prevent large losses. This is because the strategy typically catches trends on the way up/down, minimizing risk for reversal.
I use Heikin Ashi candles for a smoother chart to work with. I have not tested this strategy with normal candles.
DEMO this strategy before using it live and make sure you back-test and tune it before you start. This is written in PINE V3 SO IT WILL NOT REPAINT.
Vix spread Betting/CFD strategy. Highest profit factor ever?Recently I have noticed that many CFD and spread betting providers (I wont mention which ones but they are easy to find with a quick google search) are letting users "trade" the CBOE Volatility Index ( VIX ). I thought this was unusual as the VIX is not a purchasable asset; it is a measure of implied volatility (both long and short) on the S&P500 calculated through a formula using the price of S&P options. As far as I know the VIX has never been directly tradeable until now, VIX related products like ETFs which attempt to follow the VIX has been available for nearly two decades however they suffer greatly from slippage which makes them difficult to trade.
I am astonished that we are now, for the first time, able to bet on the result of a formula. I think that CFD and spread betting providers have made a mistake, they were probably just looking to add more tradable products and didn't think through fully that the VIX is not like any of their other products, and is much easier to profit from when using a quantitative strategy.
This strategy works live on 4H and daily charts and achieves absolutely ridiculous results. I set it to start with $100 initial capital, and over the course of 465 trades it made $73154339495899.86 profit due to compounding profits. This is a profit factor of 695603.753. I don't expect to earn this much profit myself as I am sure that CFD and spread betting providers will eventually realize that it was a mistake to let traders have positions betting on the outcome of a formula, and eventually stop allowing VIX trades to be placed. I am currently trading using this algorithm, and will maybe let others use this script eventually after I've had my fun. So follow me :)
PPSignal System Algorithm Introduction
System Algorithm based on historical price probabilities and volumes. We recommend use financial stock, bond, crypts, indices, futures and Forex market (GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, USOIL, XAUUSD, SOYUSD, DXY, SPY, SP1!, bitcoin) with defined trends above 50 or 100 and 200 simple moving averages idem if you want trade downtrend financial assets.
Use projections and retracements Fibonacci, MACD and RSI or Stoch oscillator and figures charters Head and shoulder, triangles and double bottom, double top, etc.
This system will notify you of the probability of success. The profit will be defined for yourself and according to your investor profile.
There are stocks and other assets with high returns but the system does not know exactly. Check in the Strategy tester section and then net profit.
We have other tools that support to PPsignal system, we will publish them shortly.
Define system parameters
As it is a system that is based on past data we recommend using the most historical data weekly (W) but you an use day historical data or 3 o 2 hs.
Candle color: you can choose if you want a trend color for candles or not, in the chart propieties menu detach the border option.
PPsignal it's a very simple system with which you will have a great support when it is a good time for enter in the marker and out.
we await your comments.
Eng. Oscar Alejandro Peruchena
Quants Mathematical and Market Analyst
Automatic Monthly Pivots with built-in Fibonacci LevelsClassic Floor Trader Pivots (algorithm decision points) with color segmented Fibonacci levels plotted in real-time Enjoy! Multi-variable Time Frame Pivots with Custom fib levels is in works.
FTA 2Hello there,
What you see here is V2 of FTA .
First of all some keypoints to it:
-It uses Gunbot
-Many Microtrades on a bullish market
-Even make Profit on Sideway & wavy downtrends
-Double up to infinity
-Controlled downtrend averaging
-Visualizer available allowing visible emulation of the Script & Gunbot trading together.
-More Features & Optimization still to come!
It has the same core as V1 but a few big changes/additions.
As I don't want to force these changes on to everyone I made an additional version.
Finns Trading Algorithm AlertsHello there,
I have developed a Microprofit Script for Tradingview and would like to introduce you to it.
First of all some keypoints to it:
-It uses Gunbot
-Many Microtrades on a bullish market
-Even make Profit on Sideway & wavy downtrends
-Double up to infinity
-Controlled downtrend averaging
-Visualizer available allowing visible emulation of the Script & Gunbot trading together.
-More Features & Optimization still to come!
Forex Master v2.0 (EUR/USD)This is version 2 of my Forex Master algorithm originally posted here:
BACKTEST CONDITIONS:
Initial equity = $100,000 (no leverage)
Order size = 100% of equity
Pyramiding = disabled
TRADING RULES:
Long entry = EMA5(RSI20) cross> 50
Profit limit = 50 pips
Stop loss = 50 pips
Short entry = EMA5(RSI20) cross< 50
Profit limit = 50 pips
Stop loss = 50 pips
Long entry = Short exit
Short entry = long exit
DISCLAIMER: None of my ideas and posts are investment advice. Past performance is not an indication of future results. This strategy was constructed with the benefit of hindsight and its future performance cannot be guaranteed.
Statistically Extreme Areas by QTX Algo SystemsStatistically Extreme Areas by QTX Algo Systems
Overview
This indicator helps traders pinpoint potential reversal zones by detecting when prices become statistically overextended. By combining advanced statistical analysis with volatility and momentum metrics—including BBWP, SMI, PMARP, and Bollinger Band Oscillator (BBO) slope analysis—it provides clear visual cues for identifying market extremes and managing risk.
How It Works
Baseline Statistical Calculation:
The indicator starts by establishing a baseline price range using historical data through a statistical percentile approach. This captures the typical extremes over a significant period and forms the foundation for further analysis.
Volatility Adjustment:
A Bollinger Band Width Percentile (BBWP) measure is used to assess recent price variability. This dynamic volatility factor adjusts the baseline, ensuring that signals are only generated when overall market volatility exceeds a minimum threshold.
Momentum and Trend Verification:
A double‐smoothed Stochastic Momentum Index (SMI) captures short-term momentum, while a Price – Moving Average Ratio (PMARP) confirms the prevailing trend's strength. Additionally, a Bollinger Band Oscillator (BBO) calculates the slopes of the upper and lower bands to further refine the detection of extreme conditions without relying solely on a simple mashup of standard indicators.
Why It's Different
Rather than merely merging common indicators, this tool integrates distinct layers of analysis to produce a cohesive and dynamic framework. The synthesis of statistical extremes, real-time volatility adjustments, and momentum/trend verification helps filter out noise and false signals, offering traders a robust method to identify reversal zones and set precise stop-loss levels. This multi-dimensional approach delivers actionable insights that go beyond what traditional support/resistance or momentum indicators can offer on their own.
How to Use
Interpret the Visual Cues:
Watch for the color-coded background changes that signal statistically extreme conditions.
Integrate with Your Analysis:
Use these visual alerts alongside other technical tools to refine your entry and exit decisions and to enhance your overall risk management.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading analysis. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and perform your own analysis before trading.
Statistical Price Bands with Trend Filtering by QTX Algo SystemsStatistical Price Bands with Trend Filtering by QTX Algo Systems
Overview
This indicator generates adaptive support and resistance bands by fusing statistical analysis with real-time volatility and trend measurements. It highlights areas where prices appear overextended, providing traders with clear visual cues for potential reversals or risk management adjustments.
How It Works
Baseline Statistical Calculation:
The indicator begins by deriving a baseline price range from historical data using a statistical percentile approach. This percentile reflects the typical extremes observed over a significant period, forming the foundation for the bands.
Volatility Adjustment:
A dynamic volatility factor is then calculated by comparing the moving standard deviation of price to its moving average. This factor adjusts the baseline, ensuring that the bands reflect current market variability. The use of both a long-term dispersion measure and a short-term percentile-based volatility metric helps confirm that overall market volatility remains above a minimum threshold.
Trend Filtering:
In parallel, the indicator assesses trend direction by comparing the current price to a volume-weighted moving average (VWMA). This trend component shifts the bands in the direction of the prevailing market bias—moving the bands upward during uptrends and downward during downtrends.
Why It’s Different
Unlike traditional static support/resistance tools, this indicator integrates multiple layers of analysis—statistical extremes, real-time volatility, and trend direction—to create bands that continuously adapt to market conditions. This synthesis produces a dynamic framework that not only identifies potential overextended price areas but also provides practical stop loss levels, setting it apart from other basic band or moving average models.
How to Use
Customize the baseline statistical setting to match your trading style. Use the dynamically adjusted bands as visual cues for potential reversal zones or as guides for setting stop losses. Combine these insights with other technical tools to refine your entry and exit decisions.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading strategy. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and perform your own analysis before trading.
Volatility Based SMI with Dynamic Bands by QTX Algo SystemsVolatility Based SMI with Dynamic Bands by QTX Algo Systems
Overview
This advanced oscillator redefines the classic Stochastic Momentum Index (SMI) by incorporating adaptive volatility scaling and dynamically tilting its overbought and oversold levels based on market trends. The result is a context-sensitive momentum tool that adjusts its thresholds in real time, helping traders identify potential reversals or trend continuations more effectively.
How It Works
Enhanced SMI Calculation:
The indicator starts by computing a double‐smoothed SMI. Two layers of exponential moving averages—controlled by the “Smoothing K” and “Smoothing D” inputs—are applied to both the relative price range and the overall range (difference between the highest high and lowest low) over a fixed period. This process reduces short-term noise and isolates the underlying momentum.
Adaptive Volatility Scaling:
A normalized volatility measure is derived using a fixed Bollinger Band Width Percentile (BBWP) approach. This volatility metric is used to create an adaptive adjustment factor that scales the SMI, ensuring that the oscillator’s sensitivity reflects current market conditions without being distorted by temporary extremes.
Dynamic Threshold Adjustment:
The indicator then calculates trend strength using a lookback period (set by the “Trend Lookback Period” input) that compares the current price to a volume-weighted moving average (VWMA). This trend strength is used to adjust the base overbought and oversold levels (fixed at 50 and –50) through two mechanisms:
Band Tilt Strengths:
The “Upper Band Tilt Strength” and “Lower Band Tilt Strength” inputs determine how aggressively the respective thresholds are shifted in response to the prevailing trend. In an uptrend, for example, the oversold level is raised more noticeably, while in a downtrend, the overbought level is lowered.
Opposite Band Compression:
The “Opposite Band Compression Strength” input further refines this adjustment by accelerating the contraction of the opposite band during trend reversals, enhancing the indicator’s responsiveness.
How to Use and Input Adjustments
Smoothing K & Smoothing D:
Adjust these to control the degree of smoothing in the SMI calculation. Lower values provide quicker, albeit noisier, responses, while higher values yield smoother signals.
SMI EMA Length:
This sets the sensitivity of the moving average applied to the SMI, affecting how promptly crossover signals are generated.
Trend Lookback Period:
Defines the historical window for assessing trend strength. A longer period gives a more stable trend, while a shorter period increases responsiveness.
Upper/Lower Band Tilt Strength:
These parameters determine how much the overbought and oversold levels shift in response to the market’s trend. Increasing these values results in more pronounced threshold adjustments.
Opposite Band Compression Strength:
This setting influences how quickly the opposite band compresses during trend reversals, thereby fine-tuning the dynamic nature of the oscillator’s thresholds.
What Makes It Proprietary
Traditional SMI indicators typically rely on fixed thresholds for overbought and oversold conditions. Our approach is proprietary because it seamlessly integrates adaptive volatility scaling with dynamic, trend-based threshold adjustments. This fusion produces an oscillator that is acutely sensitive to current market conditions, offering a more nuanced and context-aware view of momentum that stands apart from conventional methods.
How to Use
Monitor the oscillator for crossovers between the SMI and its EMA, which serve as potential signals for reversals or confirmations of trend continuation. Fine-tune the input parameters to match your market conditions and trading style, and use the dynamically adjusted thresholds in conjunction with other technical analysis tools to refine your entry and exit decisions.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading strategy. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and perform your own analysis before trading.
Volatility Based Momentum by QTX Algo SystemsVolatility Based Momentum by QTX Algo Systems
Overview
This indicator is designed to determine whether a market trend is genuinely supported by both momentum and volatility. It produces per-candle signals when a smoothed momentum oscillator is above its moving average, a Price – Moving Average Ratio confirms overall trend strength by remaining above a preset level with a positive slope, and when at least one of two distinct volatility metrics is rising. This integrated approach offers traders a consolidated and dynamic view of market energy, delivering more actionable insights than a simple merger of standard indicators.
How It Works
The indicator fuses two complementary volatility measures with dual momentum assessments to ensure robust signal generation. One volatility metric evaluates long-term market behavior by analyzing the dispersion of logarithmic price changes, while the other—derived from a Bollinger Band Width Percentile—captures recent price variability and confirms that market volatility remains above a minimum threshold. A trading signal is generated only when at least one of these volatility measures shows a sustained upward trend over several candles.
For momentum, a double‐smoothed Stochastic Momentum Index provides a refined, short-term view of price action, filtering out market noise. In addition, the PMARP serves as a confirmation tool by comparing the current price to its moving average, requiring that its value remains above a defined level with a positive slope to indicate a strong trend. Together, these elements ensure that a signal is only produced when both the market’s momentum and volatility are in alignment.
Although the components used are based on well-known technical analysis methods, the thoughtful integration of these elements creates a tool that is more than the sum of its parts. By combining long-term volatility assessment with a real-time measure of recent price variability—and by merging short-term momentum analysis with a confirmation of overall trend strength—the indicator delivers a more reliable and comprehensive view of market energy. This holistic approach distinguishes it from standard indicators.
How to Use
Traders can adjust the volatility threshold setting to tailor the indicator to their preferred market or timeframe. The indicator displays per-candle signals when both the refined momentum criteria and the dynamic volatility conditions are met. These signals are intended to be used as part of a broader trading strategy, in conjunction with other technical analysis tools for confirming entries and exits.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading strategy. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and perform your own analysis before trading.
Continuation Opportunity Indicator by QTX Algo SystemsContinuation Opportunity Indicator by QTX Algo Systems
Overview
This indicator is designed to pinpoint key moments within an established trend when a pullback is likely just a temporary consolidation rather than a reversal. It distinguishes phases of reduced volatility—suggesting a pause or consolidation—from moments when volatility subsequently increases, confirming that the prevailing trend is resuming. This integrated approach combines multiple classical elements into a unique tool that offers traders clear insight into trend continuity.
How It Works
The indicator marries two types of volatility measurements with dual momentum assessments and a trend filter to generate continuation signals. Two complementary volatility metrics are used: one assesses long-term price dispersion to gauge overall market behavior, while the other employs a percentile-based method to capture recent variability and ensure that overall market volatility meets a minimum threshold. A critical part of the signal generation is that the pullback must occur during a period of reduced volatility, indicating consolidation, and then be followed by an increase in volatility, which confirms the resumption of the trend.
For momentum analysis, a double‐smoothed oscillator provides a refined, short-term view of price action, and a Price – Moving Average Ratio (PMARP) confirms the trend’s strength by requiring that it remains above or below a set threshold with a positive or negative slope, respectively. Signals are produced based on crossover events in the momentum oscillator that occur after a pullback, with the subsequent rise in volatility validating the trend continuation. A moving average-based trend filter further ensures that these signals align with the broader market direction.
While the individual components—volatility measures, momentum oscillators, and trend filters—are standard in technical analysis, their deliberate integration in this script results in a tool that is greater than the sum of its parts. Rather than merely merging indicators, this system is crafted to filter out false signals and clearly differentiate between temporary consolidations and genuine trend continuations. By providing a holistic view of market behavior, it offers traders actionable insight into when a pullback is simply a pause before the trend resumes.
How to Use
Traders should monitor the chart for opportunity signals. These signals indicate that a consolidation phase is ending and that the overall trend is likely to continue. Adjust the volatility parameters as needed to suit your market or timeframe, and use these signals in conjunction with other technical analysis tools to confirm optimal entry and exit points.
Disclaimer
This indicator is for educational purposes only and is intended to support your trading strategy. It does not guarantee performance, and past results are not indicative of future outcomes. Always use proper risk management and perform your own analysis before trading.
Daily Single Trade [SMRT Algo]The Daily Single Trade Indicator by SMRT Algo is a powerful yet simple tool designed for traders who value precision, discipline, and a focus on high-quality trade setups. With a unique approach, this indicator identifies just one signal daily, making it ideal for traders who prefer a structured and stress-free trading routine.
Please note that this indicator only works for timeframes below 1H.
Key Features:
Market Open & Pre-Market Analysis: The indicator focuses on the market’s opening range and identifies breakout opportunities based on price action during these critical periods.
Customizable Risk-Reward Ratio: Plan your trades with precision by setting your desired RR, ensuring that your take-profit (TP) levels are multiples of your stop-loss (SL). Stop loss is not shown with this indicator.
Price Offset for SL: Add a customizable buffer to your SL and TP levels. This offset accounts for market volatility, reducing the chances of premature stop-outs while maintaining alignment with your trading plan.
Increasing this value will lead to a greater invisible stop loss, which will increase the TP size. The opposite is occurs when decreasing this value (less than 0). If you set it as 2.5 for example for TSLA: price is 340 and SL is 330 for example, SL becomes 327.5. This calculation will then be applied to calculate the TP.
In simple terms, if the offset is positive, SL becomes larger, TP becomes larger as well.
Exit Point Visibility: Display exit points on your chart to better visualize trade targets and stop levels.
Adjustable Market Open Time: Easily modify the market open hour and minute to suit your asset’s trading session. For example, U.S. stock traders can set the market open time to 9:30 AM EST (UTC-5).
By providing a single signal each day, the indicator minimizes overtrading and keeps your focus on the best opportunities.
With predefined SL, TP, and RR settings, the indicator fosters disciplined trading, reducing the influence of emotional decision-making. Whether you’re trading stocks, indices, or forex, the customizable market open time and RR ratio make this indicator versatile and adaptable.
The combination of precise SL and TP calculations with offset pip adjustments helps protect your trades from market noise while maintaining a favorable RR.
Perfect for those who can’t monitor markets all day, the single-signal approach allows you to execute a high-quality trade and move on with your day.
How to Use:
Set the Market Open Time: Adjust the open time to align with your asset’s session. For example, set 9:30 AM EST for U.S. stocks.
Define Your Risk-Reward Ratio: Choose an RR multiple (e.g., 1:2 or 1:3) that aligns with your risk tolerance and trading goals.
Apply Pip Offset: Add a buffer to your SL and TP to account for market volatility and reduce false stops.
The Daily Single Trade Indicator simplifies trading by focusing on one high-probability setup per day. It’s perfect for traders looking to maintain consistency, improve risk management, and reduce the stress of overanalyzing the markets.
How Alerts Work:
Individual Alerts: Set separate notifications for specific actions, such as breakout signals, take-profit levels, or stop-loss activations.
Master Alert: Manage all notifications with one streamlined setting, ensuring you never miss an opportunity while keeping your setup simple and efficient.
Take control of your trading with a strategy built for clarity, precision, and success!
