Inizia

Cerca negli script per "reversal"

Combo Backtest 123 Reversal and 2/20 EMA This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Secon strategy This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met. Please, use it only for learning or paper trading. Do not for real trading. WARNING: - For purpose educate only - This script to change bars colors.
Strategia Pine Script®
di HPotter
2
Bull Bear Divergence IndicatorFor Constance Brown-like analysis with divergence signals between price and indicator (i.e. stock close / RSI divergence) Using two different lines: an indicator high line for bearish, and an indi low line for bullish divergences For your individual studies, choose your indicator and replace rsi in line 10 with it, any thing else is auto. Script bottom: optional comparison linse addable Note1: The script only shows divergences to recent pivots, not between actual pivot and one "a few pivots ago" Note2: Though reversal predictions with the example of SPLK here are quite good, in general better results are obtained with un-normalized indicators.
Indicatore Pine Script®
di dep0tyoxxx
7
3-Bar-Reversal-Pattern Strategy Backtest This startegy based on 3-day pattern reversal described in "Are Three-Bar Patterns Reliable For Stocks" article by Thomas Bulkowski, presented in January, 2000 issue of Stocks&Commodities magazine. That pattern conforms to the following rules: - It uses daily prices, not intraday or weekly prices; - The middle day of the three-day pattern has the lowest low of the three days, with no ties allowed; - The last day must have a close above the prior day's high, with no ties allowed; - Each day must have a nonzero trading range. Please, use it only for learning or paper trading. Do not for real trading.
Strategia Pine Script®
di HPotter
4
Triple Bollinger BandsI found myself using multiple bollinger bands a lot so I decided to add them all to one script and add the ability to adjust them by 0.2. It has helped me by not taking up as much space in the upper left corner as well as improving my in's and outs of trend continuation trades. If you manage to find a double top at +2 or greater deviation, and with a bearish divergence on the RSI as shown in this picture, GO SHORT SON! This was a fast and easy 35 - 40 pips and if you used your fibonacci for an exit you had little doubt of the final result and could have even been prepared for an immediate reversal knowing you were then at an oversold -2.8 deviation. I could go on and on........
Indicatore Pine Script®
di TimeFliesBuy
8
Outside Reversal SetUpwww.tradingview.com This is an outside reversal set up from Frank Ochoa's book Secrets of a Pivot Boss. He recommends using this in confirmation with Pivots but I guess you can play with any other indicator of your choice. PATTERN PSYCHOLOGY " The power behind this pattern lies in the psychology behind the traders involved in this setup. If you have ever participated in a breakout at support or resistance only to have the market reverse sharply against you, then you are familiar with the market dynamics of this setup . Basically, market participants are testing the waters above resistance or below support to make sure there is no new business to be done at these levels. When no initiative buyers or sellers participate in range extension, responsive participants have all the information theyneed to reverse price back toward a new area of perceived value."
Indicatore Pine Script®
di cristian.d
9
1-2-3 Reversal Strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Indicatore Pine Script®
di HPotter
Reversal off EMA-XsEMA-Xs works mostly on Forex due to the small prices and price fluctuations. It does work on Gold, oddly enough, and some others like UKX 100...but mostly on forex. It doesn't work as well on JPY pairs but occasionally does; the JPY pairs give less signals, but when a JPY pair gives a signal, its a high probability setup. Another script EMA-XL works better on the higher priced instruments like S&P, DJI, OIL, BTC etc. This script will show 3 moving averages: 13, 34, 200 and works on the 5m, 1hr, 4hr, daily charts. Signals "B" or "S" will be on the chart above or below the candles respectively. When to open: The script gives buy and sell signals based on a counter-trend move away from the MA's. When the price rises a specific percent above/below the EMA, it'll give a signal. It's best to take a trade when it gives a cluster of consecutive signals near the same price. If using on the 5m, definitely wait for consecutive signals. Also, use this in conjunction with support and resistance areas. Using with fibs for confirmation really makes this a good tool with high probability: IE, when price hits a fib and the script gives a signal, its a high probability setup. When to close: 1. After a fast move up/down you may use this to counter trade a scalp 10+ pips, but you need to be quick; applies mostly to the 5m chart. 2. If you have the tenacity wait until you see an opposite signal. With this method you may be holding a loosing trade for a while. But what I've noticed is if it trends against you, price usually with come near to the first time it signaled. You may want to stack trades on each cluster of signals. IE first trade is 1000 units, next is 2000 units, etc... then close when prices comes near the first time it signaled. By this time, if you held, you should have profit. This strategy will really test your mental resilience. 3. Wait until it comes back to one of the trendlines; remember this is a counter trend signal so price is moving away from the MA and it always returns to touch one of the MA's...LOL eventually 4. Applying to scalping on the 5m, keep the stops tight because if the instrument trends hard and fast, you'll be upside-down quickly. If you put a lot of time into using this signal generator, you can really make good profit. But with all tools, you need to master it. There are nuances to the simple logic of this script that can be both fun and frustrating. With all endeavors, if you put the time into it, you will reap the rewards. Good luck and let me know if you have any questions/comments.
Indicatore Pine Script®
di shamgar331
Trend Strength Meter [Eˣ]📊 Trend Strength Meter - Free Indicator Overview The Trend Strength Meter quantifies market momentum with a simple 0-100 score. No more guessing if a trend is strong or weak - this indicator gives you an objective, numerical measurement of trend strength that combines trend direction, momentum, volatility, and moving average alignment into one clear reading. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 What This Indicator Does Quantifies Trend Strength: • Measures trend on a scale from -100 (extreme bearish) to +100 (extreme bullish) • Combines 4 key components: Trend Direction, Momentum, Volatility, MA Alignment • Provides objective measurement instead of subjective interpretation • Works on all timeframes and instruments Visual Display: • Green Histogram Bars = Bullish strength (0 to +100) • Red Histogram Bars = Bearish strength (0 to -100) • Smooth Overlay Line = Trend direction (filters noise) • Triangle Markers = Trend reversals (zero-line crosses) • Background Zones = Visual strength categories Multi-Timeframe Analysis: • See strength readings from 3 timeframes simultaneously • Identify when trends align across multiple timeframes • "ALIGNED" indicator shows when all timeframes agree • Spot divergences between timeframes Clean & Professional: • Minimal clutter, maximum clarity • Compact info panel in top-right corner • No overwhelming indicators or text • Easy to read at a glance ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 Understanding The Strength Scale Bullish Readings (0 to +100) +75 to +100 - VERY STRONG BULL • Extremely powerful uptrend • All components aligned bullishly • Best time for aggressive long positions • Trend likely to continue • Strategy: Hold longs, avoid shorts +50 to +75 - STRONG BULL • Strong uptrend with good momentum • High probability of continuation • Quality long setups • Pullbacks are buying opportunities • Strategy: Enter longs on dips +25 to +50 - BULL • Moderate bullish trend • Decent upward momentum • Trend following longs work • Watch for weakening signals • Strategy: Ride the trend, trail stops +10 to +25 - WEAK BULL • Weak bullish bias • Trend may be exhausting • Lower probability setups • Consider taking profits • Strategy: Caution, reduce position sizes -10 to +10 - NEUTRAL • No clear trend • Choppy, range-bound market • Conflicting signals • Low probability for trend trades • Strategy: Stay flat or trade ranges Bearish Readings (0 to -100) -10 to -25 - WEAK BEAR • Weak bearish bias • Trend may be exhausting • Lower probability setups • Consider taking profits on shorts • Strategy: Caution, reduce position sizes -25 to -50 - BEAR • Moderate bearish trend • Decent downward momentum • Trend following shorts work • Watch for weakening signals • Strategy: Ride the trend down, trail stops -50 to -75 - STRONG BEAR • Strong downtrend with momentum • High probability of continuation • Quality short setups • Bounces are selling opportunities • Strategy: Enter shorts on rallies -75 to -100 - VERY STRONG BEAR • Extremely powerful downtrend • All components aligned bearishly • Best time for aggressive short positions • Trend likely to continue • Strategy: Hold shorts, avoid longs ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 How To Use This Indicator Basic Usage 1. Check Current Strength • Look at the histogram height and color • Read the exact number in the info panel • Note the status label (STRONG BULL, WEAK BEAR, etc.) • Higher absolute value = stronger trend 2. Watch For Reversals • Triangle markers appear when strength crosses zero • 🟢 Green triangle up = Bullish reversal signal • 🔴 Red triangle down = Bearish reversal signal • These mark potential trend changes 3. Monitor Multi-Timeframe Alignment • Check if all timeframes show same direction • "✓ ALIGNED" = All timeframes agree (high confidence) • "✗ Mixed" = Timeframes disagree (lower confidence) • Aligned trends have higher probability 4. Observe Strength Changes • Rising strength = Trend strengthening • Falling strength = Trend weakening • Strength near extremes (+75/-75) = Potential exhaustion • Strength near zero = Indecision/consolidation ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 Trading Strategies Strategy 1: Trend Following Best For: Capturing major moves Timeframes: 1H, 4H, Daily Rules: 1. Wait for strength to reach +50 or higher (or -50 or lower) 2. Check MTF alignment - all timeframes should agree 3. Enter on pullbacks in the direction of strength 4. Hold position while strength remains above +25 (or below -25) 5. Exit when strength crosses back to weak zone or reverses Example - Long Setup: • Strength crosses above +50 = Strong bull trend • All MTF readings positive and aligned • Wait for minor pullback to support • Enter long with stop below recent swing low • Hold while strength stays above +25 • Exit if strength drops below +10 or reverses to negative Strategy 2: Reversal Trading Best For: Catching trend changes early Timeframes: 15min, 1H, 4H Rules: 1. Watch for strength to reach extreme levels (+75 or -75) 2. Look for divergence (price new high/low but strength declining) 3. Wait for zero-line cross (triangle marker appears) 4. Enter in direction of new trend 5. Use tight stops since you're catching early Example - Bullish Reversal: • Strength at -80 (very strong bear) • Price makes new low but strength only at -70 = Divergence • Green triangle appears = Zero-line cross • Enter long on confirmation • Stop below recent swing low • Target: Strength reaching +50 Strategy 3: Avoid Bad Trades Best For: Improving win rate Timeframes: All Rules: • DON'T trade when strength is between -10 and +10 (neutral zone) • DON'T go long when strength is negative • DON'T go short when strength is positive • DON'T trade against MTF alignment • DO wait for clear strength readings Why It Works: Most losses come from trading in choppy markets or against the trend Strategy 4: Position Sizing Based On Strength Best For: Risk management Timeframes: All Rules: • Strength +75 to +100 or -75 to -100 = Full position size (2-3% risk) • Strength +50 to +75 or -50 to -75 = Normal position (1.5-2% risk) • Strength +25 to +50 or -25 to -50 = Reduced position (1% risk) • Strength -10 to +10 = No trades or minimal size (0.5% risk) Why It Works: Bigger positions in stronger trends, smaller in weak trends ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ Settings Explained Multi-Timeframe Analysis • Toggle ON/OFF the MTF readings in the info panel • Turn OFF for cleaner display if you only trade one timeframe Timeframe 1, 2, 3 (Default: 15min, 1H, 4H) • Choose which timeframes to analyze • For day trading: Use 5min, 15min, 1H • For swing trading: Use 1H, 4H, Daily • For position trading: Use 4H, Daily, Weekly • Higher timeframes show bigger picture trends MA Length (Default: 20) • Moving average period for trend direction component • Lower values (10-15): More responsive, more signals • Higher values (25-50): Smoother, fewer signals • Recommended: 20 for most styles ATR Length (Default: 14) • Period for measuring volatility • Standard setting works well for most markets • Recommended: Keep at 14 RSI Length (Default: 14) • Period for momentum measurement • Standard setting works well for most markets • Recommended: Keep at 14 Show Trend Labels on Chart • Toggle ON to display "BULL" / "BEAR" text at reversals • Keep OFF for cleaner chart (default) • Useful when backtesting to see historical signals Show Reversal Signals • Toggle triangle markers at zero-line crosses • Keep ON to catch trend changes • Turn OFF if you only care about current strength ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎓 How The Calculation Works The indicator measures 4 components, each worth 25 points (total = 100): 1. Trend Direction (25 points) • Compares price to moving average • Checks if MA is rising or falling • Perfect score: Price above rising MA • Minimum score: Price below falling MA 2. Momentum (25 points) • Uses RSI to measure momentum strength • RSI > 70 = Maximum bullish points • RSI < 30 = Maximum bearish points • RSI near 50 = Neutral points 3. Volatility Alignment (25 points) • Checks if price moves align with volatility • Strong moves in trending direction = High score • Weak moves or counter-trend = Low score • Uses ATR to measure volatility 4. Moving Average Alignment (25 points) • Checks EMA 8, 21, and 55 positioning • Perfect bullish: 8 > 21 > 55 above price • Perfect bearish: 8 < 21 < 55 below price • Misaligned = Reduced score Final Score = Sum of all 4 components (-100 to +100) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📱 Info Panel Guide Current • Shows exact strength number for current timeframe • Color-coded background (green = bullish, red = bearish) • Larger number for quick visibility Status • Text description of current trend state • Examples: "STRONG BULL", "WEAK BEAR", "NEUTRAL" • Quick interpretation without looking at number Timeframe Readings • Shows strength for each selected timeframe • Color-coded for quick reading • Compare to spot divergences MTF Alignment • ✓ ALIGNED = All timeframes show same direction (high confidence) • ✗ Mixed = Timeframes disagree (proceed with caution) • Most reliable trades happen when aligned ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📱 Alert Setup This indicator includes 4 alert types: 1. Bullish Reversal • Triggers when strength crosses from negative to positive • Potential trend change from bearish to bullish • Early warning of new uptrend 2. Bearish Reversal • Triggers when strength crosses from positive to negative • Potential trend change from bullish to bearish • Early warning of new downtrend 3. Very Strong Bull • Triggers when strength reaches +75 or higher • Extreme bullish conditions • Aggressive long opportunity 4. Very Strong Bear • Triggers when strength reaches -75 or lower • Extreme bearish conditions • Aggressive short opportunity To Set Up Alerts: 1. Click "Alert" button (clock icon) 2. Select "Trend Strength Meter" 3. Choose your alert type 4. Configure notifications 5. Click "Create" ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💎 Pro Tips & Best Practices ✅ DO: • Trust the extremes - Readings above +75 or below -75 are highly reliable • Wait for alignment - Best trades happen when MTF shows "ALIGNED" • Use with price action - Combine with support/resistance for entries • Respect the neutral zone - Avoid trading when strength is -10 to +10 • Scale position size - Bigger positions in stronger trends • Watch for divergence - Price new high but strength declining = Warning • Follow the trend - Don't fight strong readings (±50 or more) ⚠️ DON'T: • Don't trade neutral readings - Wait for clear strength above ±25 • Don't fade extremes - Very strong trends (+75/-75) can stay extreme • Don't ignore MTF - Mixed timeframes = Lower probability • Don't overtrade - Wait for quality setups with good strength • Don't use alone - Combine with support/resistance and risk management • Don't expect perfection - Even strong trends can reverse suddenly 🎯 Best Timeframes: • Scalping: 1min, 5min (fast readings, quick changes) • Day Trading: 5min, 15min, 1H (balanced view) • Swing Trading: 1H, 4H, Daily (stable trends) • Position Trading: 4H, Daily, Weekly (major trends) 🔥 Best Markets: • Trending markets (crypto, indices, commodities) • High liquidity instruments (BTC, ES, NQ, EUR/USD) • Avoid on low-volume stocks or exotic pairs ⏰ Works Best When: • Market has clear direction • Good volatility (not too choppy, not too quiet) • Multiple timeframes aligned • Away from major news events ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🚀 What Makes This Different? Unlike subjective trend analysis, the Trend Strength Meter: • Objective Measurement - No guessing, exact numerical score • Multi-Component - Combines 4 factors, not just one indicator • Multi-Timeframe - See alignment across timeframes instantly • Clean Visual - Professional display, easy to interpret • Actionable - Clear signals for entries, exits, and position sizing • Universal - Works on all timeframes and instruments • Proven Components - Based on trend, momentum, volatility, MA alignment Perfect For: • Trend followers who want confirmation • Swing traders seeking high-probability setups • Risk managers wanting to size positions properly • Anyone tired of subjective "is this trend strong?" questions ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📈 Common Patterns To Watch Pattern 1: The Steady Climb • Strength gradually rises from +25 to +50 to +75 • Indicates building momentum • Trade: Hold longs, add on pullbacks Pattern 2: The Quick Spike • Strength jumps from 0 to +75 in few bars • Indicates explosive momentum • Trade: Enter quickly, but expect pullback Pattern 3: The Exhaustion • Strength at +80, price new high, strength drops to +70 • Bearish divergence forming • Trade: Take profits, prepare for reversal Pattern 4: The Whipsaw • Strength oscillates between +10 and -10 • Choppy, range-bound market • Trade: Stay flat, wait for breakout Pattern 5: The False Breakout • Strength briefly crosses +50 then drops back • Weak momentum, trend not confirmed • Trade: Wait for sustained strength above +50 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📈 Upgrade Your Trading System This free indicator quantifies trend strength objectively. Want more? 🔥 Check out my premium scripts for: • Automated entry and exit signals with trend confirmation • Advanced multi-timeframe strategy systems • Dynamic position sizing based on trend strength • Backtested performance with statistics • Complete trading solutions • And much more... 👉 Visit my profile for professional-grade trading tools! ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📝 Important Notes • This indicator measures trend strength, not direction alone • Strong readings don't guarantee continuation (manage risk) • Always use with proper stop losses • Combine with support/resistance analysis • Test on demo before live trading • Past performance doesn't guarantee future results • Adjust settings to match your trading style Disclaimer: For educational purposes only. Trading involves substantial risk. Always do your own research and never risk more than you can afford to lose. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🙏 Support This Work If this indicator helps your trading: • ⭐ Give it a thumbs up • 💬 Share your best strength-based trades in comments • 🔔 Follow for more free professional tools • 🚀 Share with traders who need objective trend analysis Questions about trend strength? Drop a comment and I'll help! ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Developed with ❤️ for traders who want objective, quantified analysis ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Version History • v1.0 - Initial release with 4-component strength calculation and MTF analysis
Indicatore Pine Script®
di Exponential-X