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[SignalFI] DynaPIV TrendWelcome! We're pleased to introduce DynaPIV Trend! This single script provides a array of valuable trend information that can help in short term scalping strategies, and helping define trend strength across support and resistance points. The heart of DynaPIV is an dynamic, volatility adjusted moving average based on fibonacci ratios. The script creates a visual representation of trend based on the pivots created with this dynamic moving average as has both short and long term support and resistance lines delineated by color and thickness. In general, the script will color bars according to the trend. By default, our safe mode is enabled which will filter out potential false breakouts, as well identify channeling zones (where bars are white). Disabling Safe Mode will provide more opportunities for scalping, however increases the risk of trend invalidation. By nature the trader is meant to follow the comprehensive visual presented by DynaPIV Trend, inclusive of horizontal and diagonal painted support and resistance lines. NOTE: The script is useful for timeframes 5M to 2HR. However the recommended is 30M - 1HR. Using the script on higher timeframes will invalidate the dynamic nature of the DynaPIV Trend volatility calculation and thus render the trend invalid. SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and educate market decisions we developed a set of Trading Indicators which are available on TradingView. SignalFI indicators are just that, indicators. Our indicators are generally configured to use completely historical data (negating repaint), and we advise all alerts created with SignalFI indicators to be fired upon "close" of the current candle. Our indicators can provide valuable context and visualization support when performing market analysis and executing buy and sell decisions. However. we are not financial experts, and all information presented on this site or our other media outlets are for educational purposes only. For subscription information, visit www.signalfi.net and follow us on twitter: @signalfi_
Indicatore Pine Script®
di SignalFi
1
Dark Cloud Cover and Piercing Line {LucaBono}Questo candlestick pattern parla da solo! Come potete vedere dal grafico questo pattern individua i massimi e i minimi, più o meno momentanei. Si possono effettuare svariati tipi di trade in quanto è valido per tutti i tipi di mercato e timeframe e potrebbe essere ottimo per il trading di breve termine o scalping in base al timeframe utilizzato. Si basa sul Dark Cloud Cover, un pattern ribassista che ho migliorato aggiungendo dei filtri per individuare quelli più significativi e non vi resta altro che entrare in direzione short nel caso del Dark Cloud Cover che ho impostato con una freccia verso il basso, sopra la candela, e la scritta DCCShort. Per quanto riguarda l'ingresso long ci basiamo sul pattern Piercing Line che altro non è che l'opposto del Dark Cloud Cover. Ho inserito sul grafico una freccia verso l'alto posta sotto la candela con la scritta PLLong. Cercalo tra gli indicatori, lascia un like se lo trovi utile e..buon trading! Timeframe Weekly su GOLD This candlestick pattern speaks for itself! As you can see from the graph this pattern identifies the maximum and minimum, more or less momentary. Various types of trade can be made as it is valid for all types of markets and timeframes and could be excellent for short term trading or scalping based on the timeframe used. It is based on the Dark Cloud Cover, a bearish pattern that I improved by adding filters to identify the most significant ones and there is nothing left but to enter short in the case of the Dark Cloud Cover that I set with an arrow down, over the candle , and the word DCCShort. As for the long entry we rely on the Piercing Line pattern which is nothing but the opposite of the Dark Cloud Cover. I placed an upward arrow on the chart under the candle with the PLLong inscription. Look for it among the indicators, leave a like if you find it useful and ... good trading!
Indicatore Pine Script®
di LuTrader_LB
Bandpass Cycle Indicator [Ehlers]This indicator is NOT used for entry and exit conditions when trading. Instead, it's purpose is to tell you what the state of the market is: trending or cyclical. >WHO IS THIS FOR? This is especially useful for strategies that use scalping or martingale betting to turn a profit. You don't want to be caught in a bullish trend with several open short orders. Algo traders welcome. >HOW DOES IT WORK? I'm glad you asked. It's based on Ehlers' work regarding signal filtering. Essentially, it uses a bandpass filter to reduce noise that is inherent in the market and display the underlying frequency. First, we get rid of the high-frequency noise - think jitters, long wicks, etc... price action that usually effects EMAs and other MAs. We don't want any of that. Next, we get rid of low-frequency noise - this is a little more difficult to picture, but we're essentially ignoring cycles (Elliot waves) from other longer time frames. We don't care if the Daily bars are just about to reverse if it doesn't affect our scalping strategy. Finally, we find the root mean square (RMS) of the high and low points of our newly created signal (red) and plot them (black). These will act as triggers to tell us if a market is in cycle or trending. >HOW DO YOU READ IT? Background colors: -Blue is cycle - you're safe. -Red is trending down -Green is trending up Crossovers: -Red above Upper Black: Uptrend -Red below Lower Black: Downtrend -Red in the middle: Cycle >IS IT PREDICTIVE? Momentum tends to pick up quickly and decline quickly, so if you'll often see a small Red or Green strip before a large price movement. After long periods of cyclic movement (or consolidation), there isn't much momentum in the system, so any small price action will be considered a trend -> these small movements are picked up by other human traders and bots. Trading volume increases more and more until you have a swing in one direction. So yes, it can be predictive due to the nature of signals and oscillation. Maybe not necessarily predictive of which direction price will go, but when volatility is about to increase.
Indicatore Pine Script®
di DasanC
5 EMAs plus Crossing AlertsHi all, This is a simple indicator that plots 5 EMA lines of your choice to the screen. Can be used to trigger scalping Bots (stoploss around 0.5% recommended, take profit 1% or higher, please backtest!) Also can be used for manual scalping, 1 or 2 candles at a time. Features: 1) Alerts are triggered when EMAs 1 (Signal line) and 2 (Baseline) cross - a Long signal is called if the cross is above EMA 3 (Trendline), a short if the cross is below EMA3 2) Signals are represented visually as a triangle on the chart, below the candles is a long, above is a short 3) TradingView Alerts can be easily set as I have labelled the signals clearly as many other Indicators like this aren’t easy to work out if trying to create alerts to trigger a 3commas bot, for example! Each EMA is fully customisable and if you wish to take advantage of the alerts, only a few simple rules need to be followed: EMA1 needs to be less than EMA2. EMA2 needs to be the same or greater than EMA3 That’s it, happy trading! Big shout out to B and the gang over at Crypto Trading Group!
Indicatore Pine Script®
di ChrisKaye
10
FXTraderariel Psychology LevelsThis is the FXTraderariel Psychology Indicator. It calcutes a sell and buy zone according to Psychology Levels. The indicators shows also potential Take Profit Targets. Depending on the settings and trading style, it can be used for scalping or long-term trading. The indicator can be used on every time frame, but we advise to use it on H1, H4 and D1. Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system.Not should every Signal be traded. Trades should be watched closely. Please contact us at fxtraderariel.com
Indicatore Pine Script®
di Twicekiller
5
Quantum Currency Strength Indicator (CSI)If there is only one TradingView indicator you ever buy for trading forex – this has to be it. Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it’s almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help. The Quantum Currency Strenght indicator breaks this complex market down into the building blocks, the currencies themselves, from which you can then identify quickly, clearly and easily those pairs offering the best opportunities, which to ignore for the time being, and which to add to your watchlist. It’s your radar on the currency market. The Quantum Currency Strength indicator has been designed with one simple objective in mind. To give you a bird’s eye view of the eight major currencies. To show you in a simple, quick and easy way, when a currency is either oversold or overbought, rising or falling strongly, or just going nowhere. To help you, the indicator defines the overbought and oversold regions for you, with a simple horizontal line. One near the top at 80, and the other near the bottom at 20. When a currency reaches the upper grey line, it’s approaching an overbought state, and when a currency touches the lower grey line, conversely it’s approaching an oversold state. It is at these points a trend is likely to reverse, offering you low-risk trading opportunities. Something you could never do quickly or easily yourself. It displays the eight currencies individually, giving you endless combinations of trading opportunities from scalping to swing and trend trading in all the various currency pairs and in every timeframe. US dollar – red Euro – orange British pound – yellow Swiss franc – green Japanese yen – magenta Canadian dollar – purple Australian dollar – blue New Zealand dollar – white Whilst this concept is simple, its use is sophisticated, and one which you can apply in a variety of ways. In fact four very different, but equally powerful ways, all of which will help you make money, confidently and without emotion: First – the indicator tells you when an individual currency is overbought or oversold. Strong or weak. Unlike some assets, currencies never go to zero. It is when they reach these extreme points, that currencies offer the lowest risk trading opportunities. These are the regions at which a currency is likely to reverse from a previous trend, giving you the potential to get into a low-risk trading position early. Second – the indicator will also tell you when it’s time to exit. After all, if it’s good enough to get you in, it’s good enough to get you out as well. Third – when the currencies are all bunched together in the middle of the indicator – guess what. It’s time to sit on the sidelines and wait. Finally, take your trading to another level using multiple timeframes. After all, if a currency is moving higher, or lower, across three timeframes, then even more reason to take a low-risk trade, so using the indicator in multiple timeframes is key. And if this wasn’t enough. There is even more! You can configure the indicator to your own personal trading style. Think of it like the volume control on your radio. You adjust it to your own personal preference. Well it’s the same here. If you are a scalping trader, simply adjust one of the indicator settings to speed up the indicator. If you are a swing or trend trader, tweak the controls to slow it down a little – the choice is yours. More control means one thing – more consistency and greater profits. After all, why buy an indicator that you cannot match to your trading style? It would be like buying a radio with no volume control. That’s why we call them the next generation of trading indicators for TradingView. The Quantum Currency Strength indicator works in all timeframes from seconds and ticks to minutes and months, and the colour of each currency line on the indicator can be changed to your own personal preferences.
Indicatore Pine Script®
di QuantumTradingSoftware
8
CryptoMedics Algorithmic Trading BandsCryptoMedics are happy to announce the release of our new Algorithmic trading bands! The Bands can be used as dynamic support and resistance levels. Anything from scalping on the 1m chart to swing trading on the daily. The opportunities are endless. Developed using tried and tested methods that hedge funds from wallstreet to smart individual traders have used for years now. Now all available to you. Here is an example of scalping with it on the 3m chart on BCHZ18. If you would've used 10x leverage you would've made a total of 760%! Examples: Another example on XBTUSD using the bands to catch a swing trade These results are undeniably good and I bet you can't find similar ones with any other indicator!
Indicatore Pine Script®
di CryptoMedics_Bot
5
Volatility FilterOver the past few weeks (as of today, which is: 12th of October 2018) there has been little to no volatility in most of the major cryptocurrencies. What volatility does come in comes and goes very quickly. It's difficult to discern good and bad moments to be in a trade. As a result I decided to create a volatility filter based on Hurst exponent market phases, Bollinger Band width, moving averages, volume and the average true range. The results are the above. You can use this indicator against any asset or within any market. It actually reaps excellent results against the DJI and XAUUSD One of my suggested uses for it is if you're scalping, only enter a position when there is volatility (when there's no background color present). If you're swinging, only enter a position when there's low volatility (when the red background color is present). Another way to use it (although this isn't intended, just incidental) is to take a position in the direction of the first bar after the red background has gone/after low volatility has passed. So if we get a declining candle when we exit a low volatility zone, short. Otherwise long. This is the experimental side of it though. However, this indicator won't tell you what direction to trade in, so in order to get use from it I suggest having a trend filter and a trigger. Luckily these two things are in most traders' arsenal. If not, take a look at my other script which is a timelessly brilliant trigger for buying and selling: Something else to consider is that the volatility is relative. If we go through a period of incredibly high volatility then afterwards we can sometimes expect the volatility filter to plot a red background even though there is still acceptable volatility left in the market. The volatility at that point is much less than the volatility beforehand. With all that said, this easy-to-read tool will help you avoid flat periods when scalping and, conversely, help you determine good times to enter a swing trade. For those who had difficulty trading the markets as of late due to volatility, this indicator is perfect for you Access to the filter is provided for 10$, payable in most low-transaction-fee cryptocurrencies. Access is limited to 250 customers. For more information message me through TradingView or message @overttherainbow through Telegram. Have a nice day and good luck trading.
Indicatore Pine Script®
di overttherainbow
1
Yogev_Miness IndicatorIndicator «Yogev_Miness» Class : oscillator Trading type : scalping, intraday trading Time frame : 5-60 min Purpose : search for reversal points Level of aggressiveness : standard Indicator «Yogev_Miness» is developed for short-term intraday trading purposes. It can be used for time frames from 5 to 60 minutes and can be a useful tool for scalping trading. Indicator provides information about possible support/resistance levels in 2 dimensions: dynamic and stationary. This is achieved by using different technics to detect support/resistance lines. For the purposes of dynamic levels detection Indicator «Yogev_Miness» uses Gaussian function to find the most possible reversal points which are visualized with the green lines. To detect stationary levels pivot technics are used. These level lines can be used for stop-loss/take-profit purposes. As the result Indicator «Yogev_Miness» provides trader with sufficient information to take a trading decision: when to open the trade, when to close it, where stop-loss/take-profit orders should be set etc. Structure of the indicator Indicator consists of stationary and dynamic level lines: - stationary level lines (red/blue lines) – show the most likely points of max and min price values. Red line indicates the resistance level and signals about possible maximum price value. Blue line – the level of support, it signals about minimum price; - dynamic level lines (green lines) – show the most favorable point of price reverse. For the buy trades the bottom green line should be used. For the sell trades – the upper green line. Rules of trading When price gets close to the green line the opposite trade to the current movement should be opened. Buy from the bottom green line and sell from the upper green line. Profits are set near the opposite green line (for buy trades – upper line, for sell trades – bottom line). Positions can be held till the price enters the stationary level lines.
Indicatore Pine Script®
di Trade24Fx
Forex Signal buy sell Pro [PlungerMen]Forex Signal buy sell Pro , mix 2 indicaror in it for exactly Signal This Script is perfectly functional and works well by me and the best way to use this script is to use it with “Long Short" script, both compliment for each other. the "Long Short" script is Free, you can find it by searching If you want to be more accurate and more efficient, more comfortable when you do not want to see too many other indicators, you can register for our Professional edition. - The Professional Edition supports Level 1 and Level 2 commands ( display at chart : LONG+, long-, SHORT,+,short- ), which are very effective in allocating funds and optimizing your profits Besides that,You will be supported by personal preferences, profit maximization -2.64% -1.30% -3.21% -3.33% -3.27% Scalping Pro and B Long Short Pro - We will invite you to the signal channel Telgram with the announcement of the bottom and the peak of the BTC -2.64% -1.30% -3.21% -3.33% -3.27% 0.60% -0.13% ,the big variable variable has exists **We hope you enjoy this script. Your support will help us develop more good quality scripts in the future to serve the community ** **Remember, Like this script and posivite feedback if you are satisfied** if you have any questions, post a comment ... below here *********** Guide: + option for all frames : Click setting and input high and low for time inteval + hide wave trend : Click setting -> click Style --> Up trend Fill or Down trend fill ****** New features: this time we add two lines that can help traders trader safer. When the red line cross above the green line means we are in the downtrend and when the green line cross above the red line, which means we are in a uptrend. This new features will help traders do a safer trade at small time frame. We have the Script free for the user pass, search keyword " Bitmex Scalping PlungerMen" -->> 0.2 eth/1 month will be used Script: BForex Signal buy sell Pro an Super Bot alert telegram <--
Indicatore Pine Script®
di luongson107
13
Spectro™ M by HypesterThis is the commercial version of the Spectro™ M The new BADASS Spectro™ M Ok, I gotta say this is so cool that I've been dying to write this release note, we're really proud with the amazing features we are releasing and the fact we could deliver them without raising the prices. Spectro™ Alerts New Settings The classic and loved entry/exit point finder, and now you can set the Spectro™ Alerts to your own preferences from aggressive to the safest triggering style. So now it can adapt to any trading style easily, from minute-leveraged scalping to yearly positions. Spectro™ Indicator (Pro 8X Indicator ) This is the Spectro™ brain, and before this update, it was an indicator that was worth extra $10, but now we decided to implement it on the M version for free! Knowing how Spectro™ is behaving will give you an edge when forecasting entry/exit points. Spectro™ Direction Change Alerts A life saver, subscriber's words not mine. Spectro™ plots warning signs when it detects possible trend changes before they happen! Spectro™ Multi-Resolution Another heavily requested feature, now you can check buy/sell alerts from other timeframes on your chart. Let's say you're trading on 5M but you only want the strongest signals, so you set your custom timeframe to 15M. Or if you are trading a 12H timeframe and you are sure of a reversal and you're trying to catch the bottom so you play around with the custom resolution around 30M~2H for a more reactive triggering. Or you might just want to confirm if you have a buy on the Daily before proceeding, that's a smart way to check the mid-range trend. Specter Clouds This is dope. I wish I could be more polite but this is as badass as it gets. This awesome new feature will tell you when the price is growing or decreasing out of the "organic" area, therefore, it will warn that whatever you're seeing, you shouldn't. In plain English: It means a reversal is coming. But it doesn't only warns you about reversals several bars before, it also forecasts the future price targets for the respective reversal! Also, the coloring of the cloud helps you find the bottom/top, the very beginning of the following reversal. X Algo Confirmations This is practical as ****! We know you guys are always checking other indicators to improve your odds so we decided to do it for you, but faster, better and more precise. We called it X because it checks so many indicators that we just called it X. This is a proprietary blend weighted average between several indicators, you can name all the common ones...STOCH, RSI, STOCH RSI, BB, DMI, ATR, MFI, OBV, CCI, MFI, DPO, MACD, EMO, TSI, Elliot Waves, Fractal Patterns, Fibonacci LEVELS...well you get it... plus 3 proprietary indicators on the conservative mode. Now speaking English: We check up to 20 indicators for you and deliver it in a way that all it takes is one second to check ALL of them. It also has an aggressive, moderate and conservative mode. The difference is just the amount indicators we check for you, more confirmations you need, more conservative you are. Trend Analyser 2.0 We offer 3 types of TA. A brand-new proprietary price-based trend analyzer that warns you about violent price change and corrections, an MA blend good for scalping and spotting trend reversals and a classic fully customizable MA crossing. Spectro offers you 8 different types of the most popular moving averages for the custom mode, from Simple Moving Averages to Fractal Moving Averages - so that creates 64 basic trend analyzer options. You can change the lookback (length) period, time frame resolution, and more. Resulting in a very flexible, simple to use and powerful trend analyzer with endless customization options.
Indicatore Pine Script®
di spectertrading
20
OneX MultiCloudFree Indicator - Skeleton for OneX Scalping Indicator. Simply has multiple configurations of popular Ichimoku Settings. If you want to add any to those, please drop a comment with the settings in question. Current Features: 1. Can toggle between various Ichimoku settings 2. Can enable/disable Tenkan and Kijun in settings 3. Can enable/disable Lagging Span in settings Advanced Features planned for integration with scalping indicator: 1. Can show buy and sell signals based off Ichimoku rules 2. Alerts 3. Enable all clouds simultaneously with different colors
Indicatore Pine Script®
di hiteshbhatia3559
JackBot Scalper V5.4 Who I am Jack Donaghy, a crypto trader and wealth​ strategist at an international asset management firm. I have traded billions in assets for clients and have grown ​​a portfolio of personal assets by nearly 2200% within the last 1.5 years from trading. I originally invested in cryptocurrencies in November​​ of 2016 and been catching waves ever since. This bot is for those interested in scalping methods. What Jackbot Pro Scalper is scalping study for bitcoin that operates on small timeframes. It has a 60-70% success rate and operates with the goal of maximizing ​gains while minimizing losses. This bot works well with leveraged strategies as pursues both long and short positions.​ While I primarily use it on BitMex, I have seen good success on Bitfinex. When 5-30 minute charts, longer time frames can work but have not been successful enough to warrant​ publishing. Best results have come from 13 and 17-minute timeframes. How The bot works by 1. Defining its entry point. 2. Defining a take profit 3. Defining a stop loss. The magic of the bot is that it will not close a trade at the take profit, if volume and price are increasing, it will hold the exit until another indicator determines a reversal of the trend. More than that would ruin the logic so you will just have to see for yourself. To Trade Large Spikes = Entries (Green = Long, Red = Short) Small Spikes = Take Profit (Green = Long Exit, Red = Short Exit) Medium Spikes = Stop Loss (Purple = Long SL, Yellow = Short SL) Previous Results Backtested​, this bot shows that with 1 Bitcoin (unleveraged) you can make about 10K in a 1.5 month period. My personal experience was trading a test amount of bitcoin on a particularly good run at 25x leverage using 25% of a test portfolio It went from 0.015 bitcoin to 0.091 within 10 days. See ibb.co Disclaimer: This strategy is by no means perfect and not every trade will be a winner. Previously results show with a 25x leveraged position, the losses are ~20% before it will cut off the trade, however, the gains can be 40%+ (As the bot continues to run in certain conditions, it will often pick up major moves and hold them for longer.) It can have bad runs and a slew of poor entries, especially in tight volatile ranges. PLEASE NOTE: This strategy can struggle with chop following major moves, if you are manually entering, consider other market conditions before entry if the price is in a tight range.
Indicatore Pine Script®
di JackDonaghy
15
Quadruple EMA (QEMA)The Quadruple Exponential Moving Average (QEMA) is an advanced technical indicator that extends the concept of lag reduction beyond TEMA (Triple Exponential Moving Average) to a fourth order. By applying a sophisticated four-stage EMA cascade with optimized coefficient distribution, QEMA provides the ultimate evolution in EMA-based lag reduction techniques. Unlike traditional compund moving averages like DEMA and TEMA, QEMA implements a progressive smoothing system that strategically distributes alphas across four EMA stages and combines them with balanced coefficients (4, -6, 4, -1). This approach creates an indicator that responds extremely quickly to price changes while still maintaining sufficient smoothness to be useful for trading decisions. QEMA is particularly valuable for traders who need the absolute minimum lag possible in trend identification. ▶️ **Core Concepts** Fourth-order processing: Extends the EMA cascade to four stages for maximum possible lag reduction while maintaining a useful signal Progressive alpha system: Uses mathematically derived ratio-based alpha progression to balance responsiveness across all four EMA stages Optimized coefficients: Employs calculated weights (4, -6, 4, -1) to effectively eliminate lag while preserving compound signal stability Numerical stability control: Implements initialization and alpha distribution to ensure consistent results from the first calculation bar QEMA achieves its exceptional lag reduction by combining four progressive EMAs with mathematically optimized coefficients. The formula is designed to maximize responsiveness while minimizing the overshoot problems that typically occur with aggressive lag reduction techniques. The implementation uses a ratio-based alpha progression that ensures each EMA stage contributes appropriately to the final result. ▶️ **Common Settings and Parameters** Period: Default: 15| Base smoothing period | When to Adjust: Decrease for extremely fast signals, increase for more stable output Alpha: Default: auto | Direct control of base smoothing factor | When to Adjust: Manual setting allows precise tuning beyond standard period settings Source: Default: Close | Data point used for calculation | When to Adjust: Change to HL2 or HLC3 for more balanced price representation Pro Tip: Professional traders often use QEMA with longer periods than other moving averages (e.g., QEMA(20) instead of EMA(10)) since its extreme lag reduction provides earlier signals even with longer periods. ▶️ **Calculation and Mathematical Foundation** Simplified explanation: QEMA works by calculating four EMAs in sequence, with each EMA taking the previous one as input. It then combines these EMAs using balancing weights (4, -6, 4, -1) to create a moving average with extremely minimal lag and high level of smoothness. The alpha factors for each EMA are progressively adjusted using a mathematical ratio to ensure balanced responsiveness across all stages. Technical formula: QEMA = 4 × EMA₁ - 6 × EMA₂ + 4 × EMA₃ - EMA₄ Where: EMA₁ = EMA(source, α₁) EMA₂ = EMA(EMA₁, α₂) EMA₃ = EMA(EMA₂, α₃) EMA₄ = EMA(EMA₃, α₄) α₁ = 2/(period + 1) is the base smoothing factor r = (1/α₁)^(1/3) is the derived ratio α₂ = α₁ × r, α₃ = α₂ × r, α₄ = α₃ × r are the progressive alphas Mathematical Rationale for the Alpha Cascade: The QEMA indicator employs a specific geometric progression for its smoothing factors (alphas) across the four EMA stages. This design is intentional and aims to optimize the filter's performance. The ratio between alphas is **r = (1/α₁)^(1/3)** - derived from the cube root of the reciprocal of the base alpha. For typical smoothing (α₁ < 1), this results in a sequence of increasing alpha values (α₁ < α₂ < α₃ < α₄), meaning that subsequent EMAs in the cascade are progressively faster (less smoothed). This specific progression, when combined with the QEMA coefficients (4, -6, 4, -1), is chosen for the following reasons: 1. Optimized Frequency Response: Using the same alpha for all EMA stages (as in a naive multi-EMA approach) can lead to an uneven frequency response, potentially causing over-shooting of certain frequencies or creating undesirable resonance. The geometric progression of alphas in QEMA helps to create a more balanced and controlled filter response across a wider range of movement frequencies. Each stage's contribution to the overall filtering characteristic is more harmonized. 2. Minimized Phase Lag: A key goal of QEMA is extreme lag reduction. The specific alpha cascade, particularly the relationship defined by **r**, is designed to minimize the cumulative phase lag introduced by the four smoothing stages, while still providing effective noise reduction. Faster subsequent EMAs contribute to this reduced lag. 🔍 Technical Note: The ratio-based alpha progression is crucial for balanced response. The ratio r is calculated as the cube root of 1/α₁, ensuring that the combined effect of all four EMAs creates a mathematically optimal response curve. All EMAs are initialized with the first source value rather than using progressive initialization, eliminating warm-up artifacts and providing consistent results from the first bar. ▶️ **Interpretation Details** QEMA provides several key insights for traders: When price crosses above QEMA, it signals the beginning of an uptrend with minimal delay When price crosses below QEMA, it signals the beginning of a downtrend with minimal delay The slope of QEMA provides immediate insight into trend direction and momentum QEMA responds to price reversals significantly faster than other moving averages Multiple QEMA lines with different periods can identify immediate support/resistance levels QEMA is particularly valuable in fast-moving markets and for short-term trading strategies where speed of signal generation is critical. It excels at capturing the very beginning of trends and identifying reversals earlier than any other EMA-derived indicator. This makes it especially useful for breakout trading and scalping strategies where getting in early is essential. ▶️ **Limitations and Considerations** Market conditions: Can generate excessive signals in choppy, sideways markets due to its extreme responsiveness Overshooting: The aggressive lag reduction can create some overshooting during sharp reversals Calculation complexity: Requires four separate EMA calculations plus coefficient application, making it computationally more intensive Parameter sensitivity: Small changes in the base alpha or period can significantly alter behavior Complementary tools: Should be used with momentum indicators or volatility filters to confirm signals and reduce false positives ▶️ **References** Mulloy, P. (1994). "Smoothing Data with Less Lag," Technical Analysis of Stocks & Commodities . Ehlers, J. (2001). Rocket Science for Traders . John Wiley & Sons.
Indicatore Pine Script®
di mihakralj