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Trendstone Squeeze v1.0The idea of the Squeeze is to figure out when the market is primed for a movement. The script is based on the excellent description of John Carter on the second edition of his book. I made a few changes regarding the sources of data, he uses a plain momentum oscillator, I have added an aggressive and a conservative profile. Aggresive profile is good for entries as the oscillator has a faster response while the conservative is better for entries as it will keep you in the trade. In conjunction with other tools like volatility adjusted bands you can create rules that would use both triggers.
Indicatore Pine Script®
di redknight666
18
CMF and Scaled EFI OverlayCMF and Scaled EFI Overlay Indicator Overview The CMF and Scaled EFI Overlay indicator combines the Chaikin Money Flow (CMF) and a scaled version of the Elder Force Index (EFI) into a single chart. This allows traders to analyze both indicators simultaneously, facilitating better insights into market momentum and volume dynamics , specifically focusing on buying/selling pressure and momentum , without compromising the integrity of either indicator. Purpose Chaikin Money Flow (CMF): Measures buying and selling pressure by evaluating price and volume over a specified period. It indicates accumulation (buying pressure) when values are positive and distribution (selling pressure) when values are negative. Elder Force Index (EFI): Combines price changes and volume to assess the momentum behind market moves. Positive values indicate upward momentum (prices rising with strong volume), while negative values indicate downward momentum (prices falling with strong volume). By scaling the EFI to match the amplitude of the CMF, this indicator enables a direct comparison between pressure and momentum , preserving their shapes and zero crossings. Traders can observe the relationship between price movements, volume, and momentum more effectively, aiding in decision-making. Understanding Pressure vs. Momentum Chaikin Money Flow (CMF): - Indicates the level of demand (buying pressure) or supply (selling pressure) in the market based on volume and price movements. - Accumulation: When institutional or large investors are buying significant amounts of an asset, leading to an increase in buying pressure. - Distribution: When these investors are selling off their holdings, increasing selling pressure. Elder Force Index (EFI): - Measures the strength and speed of price movements, indicating how forceful the current trend is. - Positive Momentum: Prices are rising quickly, indicating a strong uptrend. - Negative Momentum: Prices are falling rapidly, indicating a strong downtrend. Understanding the difference between pressure and momentum is crucial. For example, a market may exhibit strong buying pressure (positive CMF) but weak momentum (low EFI), suggesting accumulation without significant price movement yet. Features Overlay of CMF and Scaled EFI: Both indicators are plotted on the same chart for easy comparison of pressure and momentum dynamics. Customizable Parameters: Adjust lengths for CMF and EFI calculations and fine-tune the scaling factor for optimal alignment. Preserved Indicator Integrity: The scaling method preserves the shape and zero crossings of the EFI, ensuring accurate analysis. How It Works CMF Calculation: - Calculates the Money Flow Multiplier (MFM) and Money Flow Volume (MFV) to assess buying and selling pressure. - CMF is computed by summing the MFV over the specified length and dividing by the sum of volume over the same period: CMF = (Sum of MFV over n periods) / (Sum of Volume over n periods) EFI Calculation: - Calculates the EFI using the Exponential Moving Average (EMA) of the price change multiplied by volume: EFI = EMA(n, Change in Close * Volume) Scaling the EFI: - The EFI is scaled by multiplying it with a user-defined scaling factor to match the CMF's amplitude. Plotting: - Both the CMF and the scaled EFI are plotted on the same chart. - A zero line is included for reference, aiding in identifying crossovers and divergences. Indicator Settings Inputs CMF Length (`cmf_length`): - Default: 20 - Description: The number of periods over which the CMF is calculated. A higher value smooths the indicator but may delay signals. EFI Length (`efi_length`): - Default: 13 - Description: The EMA length for the EFI calculation. Adjusting this value affects the sensitivity of the EFI to price changes. EFI Scaling Factor (`efi_scaling_factor`): - Default: 0.000001 - Description: A constant used to scale the EFI to match the CMF's amplitude. Fine-tuning this value ensures the indicators align visually. How to Adjust the EFI Scaling Factor Start with the Default Value: - Begin with the default scaling factor of `0.000001`. Visual Inspection: - Observe the plotted indicators. If the EFI appears too large or small compared to the CMF, proceed to adjust the scaling factor. Fine-Tune the Scaling Factor: - Increase or decrease the scaling factor incrementally (e.g., `0.000005`, `0.00001`, `0.00005`) until the amplitudes of the CMF and EFI visually align. - The optimal scaling factor may vary depending on the asset and timeframe. Verify Alignment: - Ensure that the scaled EFI preserves the shape and zero crossings of the original EFI. - Overlay the original EFI (if desired) to confirm alignment. How to Use the Indicator Analyze Buying/Selling Pressure and Momentum: - Positive CMF (>0): Indicates accumulation (buying pressure). - Negative CMF (<0): Indicates distribution (selling pressure). - Positive EFI: Indicates positive momentum (prices rising with strong volume). - Negative EFI: Indicates negative momentum (prices falling with strong volume). Look for Indicator Alignment: - Both CMF and EFI Positive: - Suggests strong bullish conditions with both buying pressure and upward momentum. - Both CMF and EFI Negative: - Indicates strong bearish conditions with selling pressure and downward momentum. Identify Divergences: - CMF Positive, EFI Negative: - Buying pressure exists, but momentum is negative; potential for a bullish reversal if momentum shifts. - CMF Negative, EFI Positive: - Selling pressure exists despite rising prices; caution advised as it may indicate a potential bearish reversal. Confirm Signals with Other Analysis: - Use this indicator in conjunction with other technical analysis tools (e.g., trend lines, support/resistance levels) to confirm trading decisions. Example Usage Scenario 1: Bullish Alignment - CMF Positive: Indicates accumulation (buying pressure). - EFI Positive and Increasing: Shows strengthening upward momentum. - Interpretation: - Strong bullish signal suggesting that buyers are active, and the price is likely to continue rising. - Action: - Consider entering a long position or adding to existing ones. Scenario 2: Bearish Divergence - CMF Negative: Indicates distribution (selling pressure). - EFI Positive but Decreasing: Momentum is positive but weakening. - Interpretation: - Potential bearish reversal; price may be rising but underlying selling pressure suggests caution. - Action: - Be cautious with long positions; consider tightening stop-losses or preparing for a possible trend reversal. Tips Adjust for Different Assets: - The optimal scaling factor may differ across assets due to varying price and volume characteristics. - Always adjust the scaling factor when analyzing a new asset. Monitor Indicator Crossovers: - Crossings above or below the zero line can signal potential trend changes. Watch for Divergences: - Divergences between the CMF and EFI can provide early warning signs of trend reversals. Combine with Other Indicators: - Enhance your analysis by combining this overlay with other indicators like moving averages, RSI, or Ichimoku Cloud. Limitations Scaling Factor Sensitivity: - An incorrect scaling factor may misalign the indicators, leading to inaccurate interpretations. - Regular adjustments may be necessary when switching between different assets or timeframes. Not a Standalone Indicator: - Should be used as part of a comprehensive trading strategy. - Always consider other market factors and indicators before making trading decisions. Disclaimer No Guarantee of Performance: - Past performance is not indicative of future results. - Trading involves risk, and losses can exceed deposits. Use at Your Own Risk: - This indicator is provided for educational purposes. - The author is not responsible for any financial losses incurred while using this indicator. Code Summary //@version=5 indicator(title="CMF and Scaled EFI Overlay", shorttitle="CMF & Scaled EFI", overlay=false) cmf_length = input.int(20, minval=1, title="CMF Length") efi_length = input.int(13, minval=1, title="EFI Length") efi_scaling_factor = input.float(0.000001, title="EFI Scaling Factor", minval=0.0, step=0.000001) // --- CMF Calculation --- ad = high != low ? ((2 * close - low - high) / (high - low)) * volume : 0 mf = math.sum(ad, cmf_length) / math.sum(volume, cmf_length) // --- EFI Calculation --- efi_raw = ta.ema(ta.change(close) * volume, efi_length) // --- Scale EFI --- efi_scaled = efi_raw * efi_scaling_factor // --- Plotting --- plot(mf, color=color.green, title="CMF", linewidth=2) plot(efi_scaled, color=color.red, title="EFI (Scaled)", linewidth=2) hline(0, color=color.gray, title="Zero Line", linestyle=hline.style_dashed) - Lines 4-6: Define input parameters for CMF length, EFI length, and EFI scaling factor. - Lines 9-11: Calculate the CMF. - Lines 14-16: Calculate the EFI. - Line 19: Scale the EFI by the scaling factor. - Lines 22-24: Plot the CMF, scaled EFI, and zero line. Feedback and Support Suggestions: If you have ideas for improvements or additional features, please share your feedback. Support: For assistance or questions regarding this indicator, feel free to contact the author through TradingView. --- By combining the CMF and scaled EFI into a single overlay, this indicator provides a powerful tool for traders to analyze market dynamics more comprehensively. Adjust the parameters to suit your trading style, and always practice sound risk management.
Indicatore Pine Script®
di Rashino
iPyra◬_ChillyWillyCHILLYWILLY ChillyWilly looks for the momentum trades. ChillyWilly combines the 4 different well known momentum indicators to bring the best signals. ChillyWilly works with any kind of market state, any kind of trading, and any kind of asset. ChillyWilly has more features than any other momentum indicator in the market: Combining shorter term momentum with longer term momentum, and looking for M's and W's for you. -------------------------------------- ChillyWilly is designed for longer time frame traders and investors. All you have to do is: 1- Use it like you would use RSI (ChillyWilly is ranging between 0-100 --> Closer to 0 means Long ~~ Closer to 100 means short) 2- Look for green or orange lines. (Orange means momentum is BOTH in a good location to long and showing a W ; Green means EITHER momentum is in a good location to long or showing a W) 3- Look for red or maroon lines. (Red means momentum is BOTH in a good location to short and showing a M ; Green means EITHER momentum is in a good location to short or showing a M) ------------------------------------------------------------ iPyra◬ Enlighten others
Indicatore Pine Script®
di MegalodonTrading
11
Standardized MACD Heikin-Ashi TransformedThe Standardized MACD Heikin-Ashi Transformed (St. MACD) is an advanced indicator designed to overcome the limitations of the traditional MACD. It offers a more robust and standardized measure of momentum, making it comparable across different timeframes and securities. By incorporating the Heikin-Ashi transformation, the St. MACD provides a smoother visualization of trends and potential reversals, enhancing its utility for traders seeking a clearer view of the underlying market direction. Methodology: The calculation of St. MACD begins with the traditional MACD, which computes the difference between two exponential moving averages (EMAs) of the price. To address the issue of non-comparability across assets, the St. MACD normalizes its values using the exponential average of the price's height. This normalization process ensures that the indicator's readings are not influenced by the absolute price levels, allowing for objective and quantitatively defined comparisons of momentum strength. Furthermore, St. MACD utilizes the Heikin-Ashi transformation, which involves deriving candles from the price data. These Heikin-Ashi candles provide a smoother representation of trends and help filter out noise in the market. A predictive curve of Heikin-Ashi candles within the St. MACD turns blue or red, indicating the prevailing trend direction. This feature enables traders to easily identify trend shifts and make better informed trading decisions. Advantages: St. MACD offers several key advantages over the traditional MACD- Standardization: By normalizing the indicator's values, St. MACD becomes comparable across different assets and timeframes. This makes it a valuable tool for traders analyzing various markets and seeking consistent momentum measurements. Heikin-Ashi Transformation: The integration of the Heikin-Ashi transformation smoothes out the indicator's fluctuations and enhances trend visibility. Traders can more easily identify trends and potential reversal points, improving their market analysis. Quantifiable Momentum: St. MACD's key levels represent the strength of momentum, providing traders with a quantifiable framework to gauge the intensity of market movements. This feature helps identify periods of increased or decreased momentum. Utility: The St. MACD indicator offers versatile utility for traders- Trend Identification: Traders can use the color-coded predictive curve of Heikin-Ashi candles to swiftly determine the prevailing trend direction. This aids in identifying potential entry and exit points in the market. Reversal Signals: Colored extremes within the St. MACD signal potential price reversals, alerting traders to potential turning points in the market. This assists in making timely decisions during market inflection points. Overbought/Oversold Conditions: The histogram version of St. MACD can be used in conjunction with the bands to detect short-term overbought or oversold market conditions, allowing traders to adjust their strategies accordingly. In conclusion, this tool addresses the limitations of the traditional MACD by providing a standardized and comparable momentum indicator. Its incorporation of the Heikin-Ashi transformation enhances trend visibility and assists traders in making more informed decisions. With its quantifiable momentum measurements and various utility features, the St. MACD is a valuable tool for traders seeking a clearer and more objective view of market trends and reversals. Key Features: Display Modes: MACD, Histogram or Hybrid Reversion Triangles by adjustable thresholds Bar Coloring Methods: MidLine, Candles, Signal Cross, Extremities, Reversions Example Charts: -Traditional limitations- -Comparisons across time and securities- -Showcase- See Also: -Other Heikin-Ashi Transforms-
Indicatore Pine Script®
di EliCobra
48
Gold & Silver Scanner Pro [FxScripts]***** FEATURES ***** Gold & Silver Scanner Pro is both a multi-functional indicator and market scanner combined. The combination allows you to have multiple eyes across the market, all from a single chart. The scanner is comprised of an intuitively designed 3-in-1 tool that tracks the key metrics that drive markets. Each use advanced algorithms to gather information from multiple data points, distilled into one simplified view. ***** TREND SCANNER ***** The first indicator featured on the chart is the Trend Scanner, this allows you to track price action across the wider market. Instantly see pattern shifts and emerging trends; when the market moves, you move with it. ***** MOMENTUM SCANNER ***** The second is the Momentum Scanner which offers a realtime representation of momentum shifts as they occur. This allows you to monitor false breakouts and catch the moves that matter. ***** VOLUME SCANNER ***** The third is the Volume Scanner which provides unique insight into where buy and sell volume is being placed across the market. It offers a further way of determining entry and exit points or simply confirmation that a trend is underway. ***** HOW IT WORKS ***** 1. The scanner surveys the market looking for strengths and weaknesses in Trend, Momentum or Volume. 2. It displays the underlying strength or weakness as a series of dots with up to nine green dots showing strength and up to nine red dots showing weakness (nine data points in total). 3. Lighter colored dots are displayed where the strength of the trend, momentum or volume is lesser; if a dot is missing this is a sign of market neutrality. 4. All scanners have a sensitivity setting plus a volatility filter which can be adjusted according to your style of trading and the underlying instrument (full details below). 5. The background can be set to color-fill when the majority of dots are coloured either red or green, with higher values denoting greater strength or greater weakness. 6. Alerts can be configured in the same way as the background to provide both entry and exit signals (further details below). ***** INSTRUMENTS ***** Gold & Silver Scanner Pro works effortlessly with any of the XAG and XAU major or minor crosses: XAGAUD, XAGCHF, XAGEUR, XAGGBP, XAGJPY, XAGUSD, XAUAUD, XAUCHF, XAUEUR, XAUGBP, XAUJPY, XAUUSD Plus the following gold and silver futures: GC, SI ***** SETTINGS OVERVIEW ***** The scanner features the following customizable settings: ~~ Trend Settings ~~ ▶ Trend Filter - adjusting this will allow you to focus on short term trends (most suitable for scalping), medium or long term (best for swing trading). ▶ Countertrend Strength - increases the sensitivity of weaker vs stronger countertrends. As countertrends are trends that run against the main trend, this will assist in detecting the strength of a pullback or reversal and allow you to either hold, exit or reverse the trade with confidence. ~~ Momentum Settings ~~ ▶ Momentum Filter - increase or decrease the sensitivity of the momentum scanner. Increase to avoid periods of low or weak momentum, decrease to highlight stronger surges in momentum. ~~ Volume Settings ~~ ▶ Volume Filter - increase or decrease the sensitivity of the volume scanner. Increase to avoid periods where buy and sell volume can potentially cancel each other out. ~~ Volatility Settings ~~ ▶ Volatility Offset - use this to fine tune the volatility filter. A higher value generally delays the volatility filter allowing for confirmation of stronger trends, a lower value will detect trend, momentum or volume movement sooner but may be less accurate. ▶ Each scanner has its own setting allowing you to adjust how you monitor the underlying volatility for each. ▶ As with all settings, we recommend adjusting this to your style of trading, instrument and timeframe. ~~ Alerts ~~ Alerts can be configured to send notifications when anything from 5-9 bullish or bearish dots are showing. Exit markers can be configured when anything from 2+ dots are revealed. This adds an extra layer of sensitivity for traders who appreciate complete control over their trade. ~~ Display Settings ~~ You have the ability to hide all colored dots and only show the background or, alternatively, hide the background and only show colored dots. ***** TRIAL PERIOD ***** We offer a FREE, no questions asked, 7-day trial with every new registration. Visit the link below to register.
Indicatore Pine Script®
di FxScripts
3
PrimeMomentum 1.1The PrimeMomentum indicator is not just an adaptation of classic tools like MA, BB, RSI, or WaveTrend. It is an innovative tool that combines several key elements and offers a unique methodology for market analysis. Its primary goal is to help traders avoid false entries and provide signals for making trading decisions. What Makes PrimeMomentum Unique? Integration of Multi-Timeframe Data with a Unique Signal Filtering Approach PrimeMomentum processes data from four timeframes simultaneously, not merely to display trends but to assess the synchronization of momentum across each timeframe. This allows traders to receive signals only when all intervals confirm the direction. This approach minimizes the risk of false signals often encountered with standard tools. PrimeMomentum analyzes the market across four timeframes: TF1 (long-term): Displays the overall market direction. TF2 (medium-term): Refines the current dynamics. TF3 (short-term): Provides detailed analysis. TF4 (very short-term): Confirms entry or exit points. The combination of data from these timeframes allows traders to avoid frequent switching between intervals, simplifying analysis. Innovative Reversal Logic PrimeMomentum features a specialized algorithm for identifying trend reversals. Its uniqueness lies in the interaction between dynamic smoothing (EMA) and multi-level momentum assessment, enabling accurate identification of potential trend reversal points. Dynamic Adaptation to Market Conditions The indicator automatically adjusts smoothing parameters and threshold values based on market volatility. This enables it to adapt effectively to both calm and volatile markets. Signals for entering Long or Short positions are generated only when the following conditions are met: - Momentum shifts from negative to positive (for Long) or from positive to negative (for Short). - Dynamic smoothing confirms the trend. - Defined thresholds are reached. Trend Strength Assessment Unlike traditional indicators, PrimeMomentum evaluates not only the direction but also the strength of a trend by analyzing the relationship between momentum across each timeframe. This helps traders understand how stable the current market movement is. The indicator analyzes price changes over a specific period, determining how much current prices deviate from previous ones. This data allows for assessing the strength of market movements. Combination of Classic Elements with Proprietary Logic While PrimeMomentum may utilize some widely known components like EMA, its algorithm is built on proprietary logic for evaluating market conditions. This sets it apart from standard solutions that merely display basic indicators without deeper analysis. Added Value of PrimeMomentum Trend Visualization with Concept Explanations PrimeMomentum provides traders with clear visual signals, simplifying market analysis. Each element (color, line direction) is based on momentum and trend-smoothing concepts, enabling traders to make decisions quickly. Results are displayed as color-coded lines: - Dark violet: Long-term trend. - Blue: Medium-term trend. - Turquoise and light blue: Short-term trends. If all momentum lines reach a peak and begin turning downward, it may indicate an approaching bearish trend. If all lines reach a bottom and start turning upward, it may signal the beginning of a bullish trend. Reversals can also serve as signals for exiting positions. MoneyFlow The PrimeMomentum indicator includes a visualization of MoneyFlow, allowing traders to assess capital flows within the selected timeframe. This functionality helps to analyze market trends more accurately and make well-informed decisions. MoneyFlow Features: Dynamic MoneyFlow Visualization: MoneyFlow is displayed as an area that changes color based on its value: - Green (with transparency) when MoneyFlow is above zero (positive flow). - Red (with transparency) when MoneyFlow is below zero (negative flow). Automatic Scaling: MoneyFlow values automatically adjust to the chart’s scale to ensure visibility alongside the Momentum lines. Double Smoothing: To ensure a smoother and more representation, MoneyFlow uses double smoothing based on EMA. Customizable Colors and Transparency: Traders can customize the colors for positive and negative MoneyFlow and adjust the transparency level to fit their preferences. How MoneyFlow Works: - MoneyFlow calculations are based on the MFI (Money Flow Index), which considers both price and volume. - MoneyFlow values are integrated into the overall PrimeMomentum chart and combined with other signals for deeper analysis. Advantages of the New Functionality: - Helps quickly identify capital flows into or out of the market. - Complements Momentum analysis to provide a more comprehensive view of market conditions. - Enhances decision-making efficiency through flexible visualization settings. Note: MoneyFlow adapts to the selected timeframe and displays data corresponding to the current interval on the price chart. Simplicity for Beginners and Depth for Professionals The indicator is designed to be user-friendly for traders of all experience levels. Beginners benefit from intuitive signals, while experienced traders can leverage in-depth analysis for more complex strategies. PrimeMomentum Usage Modes PrimeMomentum adapts to various strategies and supports three modes: Short-term: Recommended to use a 2H timeframe. Optimal for intraday trading with small TakeProfit levels. Medium-term: Recommended to use a 1D timeframe for trades lasting several days. Long-term: Use the 1W timeframe for analyzing global trends. Support for Different Strategies Thanks to its flexible settings and support for multiple timeframes, PrimeMomentum is suitable for both day trading and long-term analysis. Why Is PrimeMomentum Worth Your Attention? Unlike standard indicators, which often rely solely on basic mathematical models or publicly available components, PrimeMomentum offers a comprehensive approach to market analysis. It combines unique momentum assessment algorithms, multi-timeframe analysis, and volatility adaptation. This not only provides traders with signals but also helps them understand the underlying market processes, making it a truly innovative solution. Disclaimer The PrimeMomentum indicator is designed to assist traders in market analysis but does not guarantee future profitability. Its use should be combined with traders' own research and informed decision-making.
Indicatore Pine Script®
di SetKryptoBalans
Trend Speed Analyzer (Zeiierman)█ Overview The Trend Speed Analyzer by Zeiierman is designed to measure the strength and speed of market trends, providing traders with actionable insights into momentum dynamics. By combining a dynamic moving average with wave and speed analysis, it visually highlights shifts in trend direction, market strength, and potential reversals. This tool is ideal for identifying breakout opportunities, gauging trend consistency, and understanding the dominance of bullish or bearish forces over various timeframes. █ How It Works The indicator employs a Dynamic Moving Average (DMA) enhanced with an Accelerator Factor, allowing it to adapt dynamically to market conditions. The DMA is responsive to price changes, making it suitable for both long-term trends and short-term momentum analysis. Key components include: Trend Speed Analysis: Measures the speed of market movements, highlighting momentum shifts with visual cues. Wave Analysis: Tracks bullish and bearish wave sizes to determine market strength and bias. Normalized Speed Values: Ensures consistency across different market conditions by adjusting for volatility. ⚪ Average Wave and Max Wave These metrics analyze the size of bullish and bearish waves over a specified Lookback Period: Average Wave: This represents the mean size of bullish and bearish movements, helping traders gauge overall market strength. Max Wave: Highlights the largest movements within the period, identifying peak momentum during trend surges. ⚪ Current Wave Ratio This feature compares the current wave's size against historical data: Average Wave Ratio: Indicates if the current momentum exceeds historical averages. A value above 1 suggests the trend is gaining strength. Max Wave Ratio: Shows whether the current wave surpasses previous peak movements, signaling potential breakouts or trend accelerations. ⚪ Dominance Dominance metrics reveal whether bulls or bears have controlled the market during the Lookback Period: Average Dominance: Compares the net difference between average bullish and bearish wave sizes. Max Dominance: Highlights which side had the stronger individual waves, indicating key power shifts in market dynamics. Positive values suggest bullish dominance, while negative values point to bearish control. This helps traders confirm trend direction or anticipate reversals. █ How to Use Identify Trends: Leverage the color-coded candlesticks and dynamic trend line to assess the overall market direction with clarity. Monitor Momentum: Use the Trend Speed histogram to track changes in momentum, identifying periods of acceleration or deceleration. Analyze Waves: Compare the sizes of bullish and bearish waves to identify the prevailing market bias and detect potential shifts in sentiment. Additionally, fluctuations in Current Wave ratio values should be monitored as early indicators of possible trend reversals. Evaluate Dominance: Utilize dominance metrics to confirm the strength and direction of the current trend. █ Settings Maximum Length: Sets the smoothing of the trend line. Accelerator Multiplier: Adjusts sensitivity to price changes. Lookback Period: Defines the range for wave calculations. Enable Table: Displays statistical metrics for in-depth analysis. Enable Candles: Activates color-coded candlesticks. Collection Period: Normalizes trend speed values for better accuracy. Start Date: Limits calculations to a specific timeframe. Timer Option: Choose between using all available data or starting from a custom date. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Indicatore Pine Script®
di Zeiierman
12
Oscillator Toolkit (Expo)█ Overview The Oscillators Toolkit stands at the forefront of technical trading tools, offering a comprehensive suite of sophisticated, adaptive, and unique oscillators. This toolkit has been thoughtfully designed to cater to all trading styles, ensuring versatility and utility for every trader. The toolkit features our flagship oscillators, including the WaveTrend Momentum, Leading RSI, Momentum Oscillator, and Bellcurves. Furthermore, it offers many great features such as trend recognition, market impulses, and trend changes; all consolidated into a single, easy-to-use indicator. Access to these high-quality oscillators and tools can elevate your trading strategy, providing you with insightful market analysis and potential trading opportunities. In addition, these tools help traders and investors to identify and interpret various market trends, momentum, and volatility patterns more efficiently. The Oscillator toolkit works in any market and timeframe for discretionary analysis and includes many oscillators and features: █ Oscillators WaveTrend Momentum The WaveTrend Momentum oscillator is a significant component of the toolkit. It factors in both the direction and the momentum of market trends. The waves within this system are both quick and responsive, operating independently to offer the most pertinent insights at the most opportune moments. Their rapid response time ensures that traders receive timely information, which is essential in the fast-paced, dynamic world of trading. Example of how to use the WaveTrend Momentum Oscialltor The WaveTrend Momentum is proficient at identifying trend reversals and pullbacks, allowing traders to enter or exit trades at optimal moments. Leading RSI The Leading Relative Strength Index (RSI) is a type of momentum oscillator that is commonly used in technical analysis to predict price movements. As the name suggests, it is an advanced form of the traditional Relative Strength Index (RSI), and it provides traders with more timely signals for market entries and exits. The Leading RSI works on similar principles but is designed to provide signals ahead of the traditional RSI. This is achieved through more advanced mathematical modeling and calculations, which aim to identify shifts in market momentum before they happen. It takes into account not only the current price action but also considers historical data in a way that can foresee changes in trend directions. Example of how to use the Leading RSI The Leading RSI is an enhanced version of the traditional Relative Strength Index, offering more timely indications of divergences and overbought or oversold market conditions. Momentum Oscillator This oscillator measures the amount that a security's price has changed over a given time span. It is an excellent tool for understanding the strength of a trend and its potential endurance. When the momentum oscillator rises, it suggests that the price is moving upwards and vice versa. The Momentum Oscillator is an advanced technical analysis tool that helps traders identify the rate of change or the momentum of the market. It is typically used to determine the strength or speed at which the price of an asset increases or decreases for a set of returns. This oscillator is considered 'fast-moving' and 'sensitive' because it responds quickly to changes in price momentum. The fast-moving nature of this oscillator helps traders to get early signals for potential market entry or exit points. The Momentum Oscillator analyzes the current price compared to the previous price and adds two additional layers of analysis: 'Buy & Sell moves' and 'Extremes.' Buy & Sell Moves: This layer of the oscillator helps identify the buying and selling pressure in the market. This can provide traders with valuable information about the possible direction of future price moves. When there is high buying pressure (demand), the price tends to rise, and when there is high selling pressure (supply), the price tends to fall. Extremes: This layer helps to identify extreme overbought or oversold conditions. When the oscillator enters the overbought territory, it could indicate that the price is at a high and could potentially reverse. Conversely, if the oscillator enters the oversold territory, it could suggest that the price is at a low and could potentially rebound. Example of how to use the Momentum Oscillator The Momentum Oscillator is a sensitive and fast-moving oscillator that adapts quickly to price changes while keeping track of the long-term momentum, making it easier to spot buying or selling opportunities in trends. Bellcurves The Bellcurves indicator is a powerful tool for traders that uses statistical analysis to help identify potential market reversals and key support and resistance levels by leveraging the principles of statistical analysis to measure market impulses. The concept behind this tool is the normal distribution, also known as the bell curve, which is a fundamental statistical concept signifying that data tends to cluster around the average or mean value. The "impulses" in the market context refer to significant price movements driven by a high volume of trading activity. These are typically sharp and swift moves either upwards (bullish impulse) or downwards (bearish impulse). These impulses often signify a strong sentiment in the market and can result at the beginning of a new trend or the continuation of an existing one. In effect, the Bellcurve indicator is designed to filter out minor price fluctuations or 'noise,' allowing traders to focus solely on significant market impulses. This makes it easier for traders to identify key market movements. Example of how to use the Bellcurve The Bellcurves uses the principles of statistical analysis to identify significant market impulses and potential market reversals. █ Why is this Oscillator Toolkit Needed? The Oscillator Toolkit is a vital asset for traders for several reasons: Insight into Market Trends: The Oscillator Toolkit provides valuable insight into current market trends. This includes understanding whether the market is bullish (rising) or bearish (falling), as well as identifying potential future price movements. Identification of Overbought or Oversold Conditions: Oscillators like those in the toolkit can help traders identify when an asset is overbought (potentially overvalued) or oversold (potentially undervalued). This can signal potential market reversals. Confirmation of Price Patterns: The oscillators in the toolkit can confirm price patterns and trends. For example, if a price pattern suggests a bullish trend, an oscillator can help confirm this by showing rising momentum. Versatility Across Markets and Timeframes: The Oscillator Toolkit is designed to work across a variety of markets, including stocks, forex, commodities, and cryptocurrencies. It's also effective across different timeframes, from short-term day trading to longer-term investment strategies. Timely Trade Signals: By providing real-time insights into market conditions and price momentum, the Oscillator Toolkit offers timely signals for trade entries and exits. Enhancing Trading Strategy: Every trader has a unique approach to the market. The Oscillator Toolkit, with its suite of different oscillators, provides a robust set of tools that can be customized to enhance any trading strategy, whether it's a trend following, swing trading, scalping, or any other approach. █ Any Alert Function Call This function allows traders to combine any feature and create customized alerts. These alerts can be set for various conditions and customized according to the trader's strategy or preferences. █ How are the Oscillators calculated? - Overview The Toolkit combines many of our existing premium indicators and new technical analysis algorithms to analyze the market. This overview covers how the main features are calculated. WaveTrend Momentum The WaveTrend Momentum oscillator operates at its core by comparing the current price to previous prices. If the current price is higher than the previous price, the oscillator value will rise, indicating an uptrend. Conversely, if the current price is lower than the previous price, the oscillator value will fall, indicating a downtrend. To make it unique and useful normalized weighting functions are added. Leading RSI The Leading RSI is based on the traditional Relative Strength Index, with an added exploration function that takes into account historical price movements. Momentum Oscillator The Momentum oscillator measures how quickly the price is changing, on average, over a certain period, relative to the variability of the price over that same period. It gives higher values when the price is changing rapidly in one direction and lower values when the price is fluctuating or changing more slowly. In addition, other functions, such as market extremes and buying/selling pressure, are factored in. Bellcurves The Bellcurves assume that some common historical price data is normally distributed, and once these patterns or moves are found the in the price data, a Bellcurve is formed. █ In conclusion , the Oscillator Toolkit is an advanced, versatile, and indispensable asset for traders across various markets and timeframes. This innovative collection includes different oscillators, including the WaveTrend Momentum, Leading RSI, Momentum Oscillator, and the Bellcurves Indicator, each serving a unique function in providing valuable insights into the market's behavior. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Indicatore Pine Script®
di Zeiierman
37
Combined Open and Close Volume MomentumCombined Open and Close Volume Momentum Indicator This indicator calculates and visualizes the momentum of Open and Close volumes based on changes in Open Interest (OI) and price direction. It provides traders with a clear view of volume dynamics and their impact on market momentum. Key Features: Open Volume Momentum: Tracks the momentum of volume associated with new positions being opened. Differentiates between green candles (positive momentum) and red candles (negative momentum). Accumulates momentum over time, with an option to reset periodically. Close Volume Momentum: Tracks the momentum of volume associated with closing existing positions. Momentum is weighted by price direction: Price increase → Positive momentum. Price decrease → Negative momentum. Accumulates momentum over time, with an option to reset periodically. Reset Functionality: Allows traders to reset accumulated momentum after a specified period (in days). Customizable reset period for both Open and Close volume momentum. Visual Representation: Green Line → Positive Open Volume Momentum. Red Line → Negative Open Volume Momentum. Blue Line → Positive Close Volume Momentum. Orange Line → Negative Close Volume Momentum. Includes a gray dotted zero line for reference. Use Case: This indicator is ideal for futures traders who want to: Analyze the impact of volume dynamics on market momentum. Differentiate between momentum caused by opening new positions and closing existing positions. Identify trends and reversals based on volume and price action. Reset momentum data periodically for fresh analysis. How It Works: Open Volume Momentum: Calculated from Open Interest changes when new positions are opened. Green candles → Positive momentum. Red candles → Negative momentum. Accumulated over time, with optional periodic resets. Close Volume Momentum: Calculated from volume associated with closing positions. Momentum is weighted by price direction: Price increases → Positive contribution. Price decreases → Negative contribution. Accumulated over time, with optional periodic resets. Reset Functionality: Enabled by default and customizable through input settings. Reset period is defined in days. Visualization: Open Volume Momentum is plotted as a line that changes color: Green Line → Positive momentum. Red Line → Negative momentum. Close Volume Momentum is plotted as a line that changes color: Blue Line → Positive momentum. Orange Line → Negative momentum. A gray dotted zero line is included for reference.
Indicatore Pine Script®
di Angick
Crypto Scanner Pro [FxScripts]***** FEATURES ***** Crypto Scanner Pro is both an indicator and market scanner combined. The combination allows you to have multiple eyes across the market, all from a single chart. Each scanner is comprised of an intuitively designed 3-in-1 tool that tracks the key metrics that drive markets. They each use advanced algorithms to gather information from multiple data points, distilled into one simplified view. ***** TREND SCANNER ***** The Trend Scanner allows you to track price action across the wider market. Instantly see pattern shifts and emerging trends; when the market moves, you can move with it. ***** MOMENTUM SCANNER ***** The Momentum Scanner offers realtime insights into momentum shifts as they occur. This allows you to monitor false breakouts and catch the moves that matter. ***** VOLUME SCANNER ***** The Volume Scanner provides unique indications into where buy and sell volume is being placed. It offers a further way of determining entry and exit points or simply confirmation that a trend is underway. ***** INSTRUMENTS ***** Crypto Scanner Pro works effortlessly with the following large cap coins: Avalanche, Bitcoin Cash, Bitcoin, BITO, BNB, Cardano, Chainlink, Dogecoin, Ethereum, Litecoin, Polkadot, Polygon, Shiba Inu, Solana, Stellar, Toncoin, XRP (Ripple) * ***** SETTINGS OVERVIEW ***** The scanner features the following customizable settings: ~~ Trend Settings ~~ Trend Filter - adjusting this will allow you to focus on short term trends (most suitable for scalping), medium or long term (best for swing trading). Countertrend Strength - increases the sensitivity of weaker vs stronger countertrends. As countertrends are trends that run against the main trend, this will assist in detecting the strength of a pullback or reversal and allow you to either hold, exit or reverse the trade with confidence. ~~ Momentum Settings ~~ Momentum Filter - increase or decrease the sensitivity of the momentum scanner. Increase to avoid periods of low or weak momentum, decrease to highlight stronger surges in momentum. ~~ Volume Settings ~~ Volume Filter - increase or decrease the sensitivity of the volume scanner. Increase to avoid periods where buy and sell volume can potentially cancel each other out. ~~ Volatility Settings ~~ Volatility Offset - use this to fine tune the volatility filter. A higher value generally delays the volatility filter allowing for confirmation of stronger trends, a lower value will detect trend, momentum or volume movement sooner but may be less accurate. Each scanner has its own setting allowing you to adjust how you monitor the underlying volatility for each. As with all settings, we recommend adjusting this to your style of trading, instrument and timeframe. ~~ Alerts ~~ Alerts can be configured to send notifications when anything from 6-10 bullish or bearish dots are showing. Exit markers can be configured when anything from 2+ dots are revealed. This adds an extra layer of sensitivity for traders who appreciate complete control over their trade. ~~ Display Settings ~~ You have the ability to hide all colored dots and only show the background or, alternatively, hide the background and only show colored dots. ***** TRIAL PERIOD ***** We offer a FREE, no questions asked, 7-day trial with every new registration. Visit the link below to register. * list subject to change as coins increase or decrease in popularity
Indicatore Pine Script®
di FxScripts
PRISMpSAR derived oscillator with its set of RSI & StochRSI and MAJestic (Momentum, Acceleration, Jerk) Oscillators Set pSAR and MAJ oscillators can be disabled and hidden. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Note: In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades. Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions. ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ Please check out my other indicators sets and series, e.g. LIVIDITIUM (dynamic levels), AEONDRIFT (multi-levels standard deviation bands), FUSIONGAPS (MA based oscillators), MAJESTIC (Momentum/Acceleration/Jerk Oscillators), PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators), PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level) and more to come. Constructive feedback and suggestions are welcome. If you like any of my set of indicators, and it has benefited you in some ways, please consider tipping a little to my HRT fund. =D cybernetwork @ EOS 37DzRVwodp5UZBYjCKvVoZ5bDdDqhr7798 @ BTC MPr8Zhmpsx2uh3F5R4WD98MRJJpwuLBhA3 @ LTC 1Je6c1vvSCW7V2vA6RYDt6CEvqGYgT44F4 @ BCH AS259bXGthuj4VZ1QPzD39W3ut4fQV5giC @ NEO rDonew8fRDkZFv7dZYe5w3L1vJSE51zFAx @ Ripple XRP 0xc0161d27201914FC0bAe5e350a193c8658fc4742 @ ETH GAX6UDAJ52OGZW4FVVG3WLGIOJLGG2C7CTO5ZDUK2P6M6QMYBJMSJTDL @ Stellar XLM xrb_16s8cj8eoangfa96shsnkir3wctdzy76ajui4zexek6xmqssweu85rdjxrt4 @ Nano ~ JuniAiko (=^~^=)v~
Indicatore Pine Script®
di cybernetwork
4