MZ SRSI Strategy V1.0Strategy Introduction
This strategy starts from selection of 1st Moving Average from one of following:
SMA
EMA
DEMA
TEMA
LRC
WMA
MF
VAMA
TMA
HMA
JMA
Kijun v2
EDSMA
McGinley
Then it calculates the RSI of selected 1st Moving Average
In the end it calculates Moving Average of previously calculated RSI and for this purpose 2nd Moving Average is also selected from above list.
Cross of RSI and its Moving Average generates Strategy Alerts
Only long trades are enabled currently
Default Settings
I've set the default selection to the perfect options for 1D and 4h timeframes. You can modify both MAs selection and their length according to your selected timeframe.
Following default settings are used:
Heiken Ashi Candles are selected by default as source
1st Moving Average selection is set to LRC (Linear Regression Curve)
Length of 1st Moving Average is set to 50
RSI length is set to 2 because it is supposed to be fast
2nd Moving Average of RSI is set to TMA (Triangular Moving Average)
Length of 1st Moving Average is set to 5
Start date is set to 2011
Backtesting can also be done selecting %age of equity
Suggestions for Usage
Mostly winning trades have no prominent drawdown so losing trades can be abolished with Stoploss. Would soon add Stoploss, MTF and Takeprofit options in next version. Also if you want an alerts version of it then just comment below and would publish it later. I’ve found this strategy useful on 1D and 4h timeframes with described default settings.
Cerca negli script per "mtf"
GenericTALibrary "GenericTA"
What is it?
The real generic library. Which means it is just covering most built-in indicators / functions, but with more parameters, so the user don't have to write more few lines to achieve something simple and replicative.
Development process?
Will tidy it up, and setting up in later stage.
Welcome to inbox me to improve the library ------
If you are finding a similar thing. That's a good news. Because I am making it.
Hx MTF Moving AverageThis script provides a quick and easy access to different timeframes of a moving average in one indicator and one tab.
It handles up to 4 different timeframes and the current timeframe if it is different from the preset timeframes.
The moving average is not displayed if the current timeframe is higher than the preset timeframe, as per TradingView recommandations.
Available moving average types: sma , wma , ema , vwma , rma (RSI), hma (Hull) and smma (Smoothed).
The default settings provide an example of commonly used timeframes with associated colors ranked from Hot (shorter, more nervous) to Cold (longer, less nervous) while the current timeframe is displayed in gray.
These settings are just an example and are NOT meant to be used as a trading system! DYOR!
MACD PlusMoving Average Convergence Divergence – MACD
The MACD is an extremely popular indicator used in technical analysis. It can be used to identify aspects of a security's overall trend. Most notably these aspects are momentum, as well as trend direction and duration. What makes the MACD so informative is that it is actually the combination of two different types of indicators. First, the MACD employs two Moving Averages of varying lengths (which are lagging indicators) to identify trend direction and duration. Then, it takes the difference in values between those two Moving Averages (MACD Line) and an EMA of those Moving Averages (Signal Line) and plots that difference between the two lines as a histogram which oscillates above and below a center Zero Line. The histogram is used as a good indication of a security's momentum.
Added Color Plots to Settings Pane.
Switched MTF Logic to turn ON/OFF automatically w/ TradingView's Built in Feature.
Added Ability to Turn ON/OFF Show MacD & Signal Line.
Added Ability to Turn ON/OFF Show Histogram.
Added Ability to Change MACD Line Colors Based on Trend.
Added Ability to Highlight Price Bars Based on Trend.
Added Alerts to Settings Pane.
Customized Alerts to Show Symbol, TimeFrame, Closing Price, MACD Crosses Up & MACD Crosses Down Signals in Alert.
Alerts are Pre-Set to only Alert on Bar Close.
Added ability to show Dots when MACD Crosses.
Added Ability to Change Plot Widths in Settings Pane.
Added in Alert Feature where Cross Up if above 0 or cross down if below 0 (OFF By Default).
Squeeze Pro
Traditionally, John Carter's version uses 20 period SMAs as the basis lines on both the BB and the KC.
In this version, I've given the freedom to change this and try out different types of moving averages.
The original squeeze indicator had only one Squeeze setting, though this new one has three.
The gray dot Squeeze, call it a "low squeeze" or an "early squeeze" - this is the easiest Squeeze to form based on its settings.
The orange dot Squeeze is the original from the first Squeeze indicator.
And finally, the yellow dot squeeze, call it a "high squeeze" or "power squeeze" - is the most difficult to form and suggests price is under extreme levels of compression.
Colored Directional Movement Index (CDMI) , a custom interpretation of J. Welles Wilder’s Directional Movement Index (DMI), where :
DMI is a collection of three separate indicators ( ADX , +DI , -DI ) combined into one and measures the trend’s strength as well as its direction
CDMI is a custom interpretation of DMI which presents ( ADX , +DI , -DI ) with a color scale - representing the trend’s strength, color density - representing momentum/slope of the trend’s strength, and triangle up/down shapes - representing the trend’s direction. CDMI provides all the information in a single line with colored triangle shapes plotted on the bottom. DMI can provide quality information and even trading signals but it is not an easy indicator to master, whereus CDMI simplifies its usage. The CDMI adds additional insight of verifying/confirming the trend as well as its strength
Label :
Displaying the trend strength and direction
Displaying adx and di+/di- values
Displaying adx's momentum (growing or falling)
Where tooltip label describes "howto read colored dmi line"
Ability to display historical values of DMI readings displayed in the label.
Added "Expert Trend Locator - XTL"
The XTL was developed by Tom Joseph (in his book Applying Technical Analysis ) to identify major trends, similar to Elliott Wave 3 type swings.
Blue bars are bullish and indicate a potential upwards impulse.
Red bars are bearish and indicate a potential downwards impulse.
White bars indicate no trend is detected at the moment.
Added "Williams Vix Fix" signal. The Vix is one of the most reliable indicators in history for finding market bottoms. The Williams Vix Fix is simply a code from Larry Williams creating almost identical results for creating the same ability the Vix has to all assets.
The VIX has always been much better at signaling bottoms than tops. Simple reason is when market falls retail traders panic and increase volatility , and professionals come in and capitalize on the situation. At market tops there is no one panicking... just liquidity drying up.
The FE green triangles are "Filtered Entries"
The AE green triangles are "Aggressive Filtered Entries"
ATR Trailing Stops S/R [LM]Hello Traders,
I would like to introduce you ATR Trailing Stops S/R . The idea is to look for important levels that are identified by trailing stop line, where it usualy spents a lot of time without any move usualy turns out to be good level for bounces.
Script for atr trailing line is originaly taken from: script made by @dgmoon
It has various setting
Timeframe and atr settings
Show lines
Extend lines
Line count - how many lines will be rendered
Candle count - how many candles has to trailing line spend at the same level
Colors - controls color of plot and lines
I hope you will enjoy it, as I enjoyed to write it.
Lukas
'RSI Ultra' Fully Customizable Relative Strength Index MTF [DM]Greetings Colleagues
Today, I share the classic RSI.
As in the last indicator (moving average oscillator by ) I try to show you how you can take advantage of any indicator to infinity.
For now I let you experiment with the "2" RSIs and their histograms to measure divergence.
The 1st and 2nd RSI are fully customizable together or separately. Length, source, time frame, colors.
Horizontal control levels such as RSIs are fully customizable.
In the next update "tomorrow I will possibly add some details"
I hope their brains don't explode, tomorrow more.
SAR MTF levelsThis indicator displays last Parabolic SAR dot levels on most common timeframes. Default option is cross shape, but can be set as lines as well. Very easy to track visually, without continuously changing chart resolution.
Multi timeframes RSI Screener & indicator by noop42Since my previous x4 multi timeframes Stochastic RSI script seems to have been appreciated, I decided to make a 2nd version of this tool which focuses on the RSI indicator only.
Default parameters
RSI length : 14
Timeframes: 5, 15, 60, 240
OB/OS zones : 70 & 30
Repaint mode: enabled
Display lines: enabled
Display screener: enabled
Convergence warnings: timeframes 1, 2 & 3
Details
Repaint mode : Disabling it makes the indicator wait for the current candle to close before to change its value
Display lines: Allows you to disable RSI lines drawings, in order to move the screener on your main chart for example.
Display screener: Allows you to disable the screener, in order to use RSI lines only
OB/OS convergences warnings : Allows you to select which timeframe(s) must be taken into consideration for convergence signals (Selected timeframes can be distinguished in the screener, followed by a * char in the timeframes column)
Note The Stochastic RSI version of this tool is available here
Macd Divergence + MTF EMA MACD Divergence + Multi Time Frame EMA
This Strategy uses 3 indicators: the Macd and two emas in different time frames
The configuration of the strategy is:
Macd standar configuration (12, 26, 9) in 1H resolution
10 periods ema, in 1H resolution
5 periods ema, in 15 minutes resolution
We use the two emas to filter for long and short positions.
If 15 minutes ema is above 1H ema, we look for long positions
If 15 minutes ema is below 1H ema, we look for short positions
We can use an aditional filter using a 100 days ema, so when the 15' and 1H emas are above the daily ema we take long positions
Using this filter improves the strategy
We wait for Macd indicator to form a divergence between histogram and price
If we have a bullish divergence, and 15 minutes ema is above 1H ema, we wait for macd line to cross above signal line and we open a long position
If we have a bearish divergence, and 15 minutes ema is below 1H ema, we wait for macd line to cross below signal line and we open a short position
We close both position after a cross in the oposite direction of macd line and signal line
Also we can configure a Take profit parameter and a trailing stop loss
Smart On Balance Volume MTFSmart On Balance Volume
And constructed this indicator to have a variation of the conventional volume, the on balance volume is an indicator that is not given much value when I think that it is a formidable underlying basis of what is happening more when some etf cannot be measured with the PVI or NVI.
The Stochastico is built with the OBV signal of 3 different time frames, as it is for daily work
Has multiple settings and signals =
Color in overbought and oversold zones
visual alerts of crossovers in overbought and oversold zones
Alerts in for TDW on overbought and oversold
Signal length for% K
Signal length for% D
Smoothing length for% K and% D
A switch is added to toggle between the 3 time frames and the main one
Switch is added so you can see the original OBV
A switch is added to change the color in the bars
If you like it and find it useful please leave the comments below
Burgerized MTF BB + Reverse Engineering RSI (RERSI) + Hidden S&RThis is a mod of a script by informanerd that has helped me immensely with my trading setup.
HUGE HUGE HUGE credit to him! Check him out! He gave me permission to publish this and so here I am, sharing it with you. I hope you all like it!
This version is functionally essentially the same - the difference is in visualization choices and automation.
Instead of selecting different timeframes, and thus having to change not one but 4 timeframes manually every time you look at a different time frame on the main chart, I found (with help from the kind community in the Pine Script chat right here on Tradingview!) a method to choose multiples so that you can have consistent results no matter what timeframe you are looking at.
Default is set to multiples of 2, 4 and 8 which is the system I found works best for myself personally.
I also changed visualization - crossovers are now highlighted in the background of the respective bands. By default I have chosen different transparency levels for crossovers then sitting inside the bands. This destroyed the ability to modify colors the old school way in Style tab, but I have added inputs for all the relative settings so you can modify the visual aspect to your hearts content, as I know my colors make most people barf (something I did when I was younger maybe?).
Hope the nice barfs of color help you quickly see trends and reversals - I know they help me! Happy trading, no matter your timeframe! xD
Vwap mtf Swing Stock StrategyThis is a trending strategy designed for stock market, especially long trending assets such as TSLA, NIO, AMAZON and so on.
Its made of volatility bands and weekly VWAP, in this case daily and weekly.
This strategy has been adapted to go long only.
Rules for entry
For long , we want to enter close of a candle is above vwap weekly, and at the same time the close of a candle cross-under the lower volatility band.
For exit , we want to enter close of a candle is below vwap weekly, and at the same time the close of a candle cross-over the upper volatility band.
This strategy does not have a risk management inside, so use it with caution.
If you have any questions, let me know !
Papercuts Dual PSAR v01Dual PSAR is a trend following script that uses auto-higher timeframe calculation of the current timeframe to create a dual Parabolic Stop And Release.
This is useful because it can determine periods of transition or indecision and can flag those periods with which way it is learning even though it is undecided, what i call "Wait Zones".
When both PSARS are not in alignment, it uses the lower timeframe one to determine which way the wait zone is learning.
You can see below in the chart shows some good trends and some wait zones.
A wait zone can have bullish indication, but then still have a bearish continuation.
A wait zone can have bullish indication, and then enter a bull trend.
Typically I won't make trades in wait zones, and I will exit trades when entering one.
Just wanted to try this out and see how it did. Figured I'd share.
Triple Williams Alligator (MTF)This script is simply a Multi time frame version of the built in Williams Alligator script.
Higher time frame Alligators can often produce resistance and support as traders on different timeframes react to them. They can also act as a trend filter.
MA+ ROC MTF DashboardThis is a Multi Timeframe moving average ROC (percent of change) dashboard.
This dashboard shows percent of change of current price to a moving averages on different time frames.
Most left value in the dashboard always represents your chart time frame, while the next 3 represent other time frames which you can set in 'MA+ ROC' settings.
Support User Defined time frames or automatic time frames based on a multiplier value.
Better define same or higher time frames than your chart time frame to get accurate results.
Can work in conjunction with MA+ to display the moving average line, click here:
Like if you Like and follow-up for up coming new indicators: www.tradingview.com
W-steps easy script for smart indicator
based on high and low avreage line. when ever it above it buy=green and vice versa =red
use MTF no security type
a modified linear regression channel
i normaly use MRF of weely line and any TF of chart from 15min to 4 hours
it give sense where the good point to enter or short it
TDI Hedge Strategy
This is the incomplete version but upon multiple requests, I have released it early. All of the strategy and alert functions are yet to be written and I'll get around to it soon.
This indicator aims to be the best TDI indicator on TradingView. It is a strategy or study. It will have all of the filter, entry, and exit conditions for the strategies around the TDI.
What is implemented
MFI or RSI: the MFI is a much better TDI baseline than the RSI, in my opinion, and very effective
EMA or SMA used for the moving averages on fast, slow, and volatility band
Dynamic timeframe: set a factor of current timeframe and indicator will analyse higher timeframe automatically
Manual timeframe: set a higher timeframe to analyse different to currently viewed
Features for later
conditions for TDI filters/entries/exits
Strategy functions to use built-in strategy tester
BTE signal plot for Backtesting & Trading Engine
alerts
Enjoy!
EBB & Flow: a multi-EMA-based BB cloudIntro
This is an idea evolved out of the market maker method and EMA convergence, divergence, and mean reversion.
The market maker method informs us that the 5, 13, 50 and 200 EMAs are important to regulating price. Those EMA lengths are multiples of the 50 and 200 on lower major timeframes -- the 1 minute, 5, 15, 1H, 4H, 1D. I include the 21 because it is also a multiple and in crypto very often respected.
When market makers are testing price, they set their range and spike in the direction they test for liquidity. This can get chaotic. For instance, in a shorter time frame consolidation inside a bigger timeframe uptrend, it can be too easy to forget where you are in the many trends playing out.
When the EMAs are dragged over each other during normal price movement, you get these crisscrossing tracks of price, and the individual breaks can be hard to trace.
The range is what matters, ultimately, and the range is dynamic. In that case, the Bollinger Band is a great tool for detecting outliers in this case.
The Answer
So the answer this indicator seeks to give, is to look for outliers. This gives you a scalping strategy built on Traders Reality thinking and best put together with the PVSRA indicator, which I may include in this indicator just for the sake of concision, but they can work alongside each other or separately.
The key thing is the different EMA clouds, which are bollinger bands. Tight bands mean imminent breaks, favouring the trend. Vector candles out of a zone, pins to the low/high, etc. are all very relevant alongside this indicator.
You can also use it on its own and scalp the breaks of a cloud.
How it works
Each cloud is a standard deviation from their respective EMA, all in the same colour. The deviation multiple is 1.618 by default. Yes, fibonacci sequences are usually nonsense, but it works better with the BB than 2, 2.5 or 3.
Using just the clouds, you can see where each EMA is headed and how it behaves within the deviation of the others.
But that on its own isn't enough.
The indicator will also print snowflakes above and below the candle for notable outliers. It will be in the colour of the cloud it breaks, but only if that break is also breaking the smaller EMA clouds too.
The most snowflakes will be yellow because that's the 13 EMA. That one is dependent on nothing else and every break will print a snowflake. The 21 will be dependent on the 13. The 50 dependent on the 13 and 21 breaks. The 200 the most important.
For example, if the 200 EMA-BB or EBB is broken at the upper band, deviating by more than 162% of price over a 200 period EMA, and that break is not above the 50 EMA cloud, there will be no snowflake. However, if it exceeds the 13, 21, 50, and 200 clouds, then a purple snowflake will appear above the bar.
Any snowflake is an extreme in price. The purple is an especially good point of entry. That doesn't mean it is a perfect entry. You can build position from it, though, and be relatively certain of a price correction in the near future, because not only was this major EMA cloud violated, but all of the smaller ones too.
Reminder
You still need your PVSRA and candlesticks. This indicator on its own may have a nice hit rate for scalping and building position, as an alternative to the TDI or alongside it, but it is not enough on its own, just like the TDI.
Enjoy!
Red Linesimple script that give easy indication on the state of your asset
above the red line is bullish
below is bearish
the line is based on modify level of regular pivot S3 without the MTF function
NSDT Heiken-Ashi Direction Bar MTFA simple script that places a bar at the bottom of the chart to indicate the direction of Heiken-Ashi candles - while still using traditional candles on the main chart. Try setting the bar on a higher timeframe to see the overall direction of the trend, while using traditional candles for entries/exits.
+ True RSIThis is a better, cleaner version (in my opinion) of an part of an indicator I was using that was coded up by cI8DH. I reached out to him about cleaning up the code (things weren't working) for Pinescript v4, but he no longer seems to be active, so I thought I might take it upon myself to at least work out this portion of the indicator.
Much credit goes to him. Below is the indicator that he coded, of which only one part have I made additions to.
So, he calls this the True RSI. I was using it as part of the USI, which I posted above (it's the MA Percent indicator type). To my eyes it's not far different from the standard RSI, so I probably could have just made a version of that, but I like this one, and I was excited to add a few things (like candle coloring, which no longer works with his version!).
So, what's different?
I added two different background fills.
I made the lines types for the extremities and midline more appropriate for the indicator.
I added bullish, bearish, overbought, and oversold candle coloring.
I added a multitude of moving averages as well.
If this looks like my '+ %B' indicator, that is because I basically just moved the MA's and candle coloring code over. One could probably do this with many different indicators.
In the future I will probably add alerts, and maybe MA cross candles as well. Or not. Well, almost certainly alerts. Please enjoy!