Profit TraderWhat is this?
This module will helps you to implement 2 strategies: Trend Following and Swing Trading. You will have a complete strategies in any market condition. This module will reach it's maximum potential if you combine with our other module: Trend Optimizer module and momentum line module
The Indicators & strategies?
This module consist of short term and medium term resist and support (R/S). R/S is based on price fractals, modified to a simpler visualization, and Standard Deviation that shows in grey area.
1. The short R/S (the blue & red lines, we called: R/S) represent 1 week timeframe fractal. R/S is used for breakout strategy. This indicator will be perfectly works with our other module: Trend Optimizer. While the trend is positive and price breaks R, it indicate an uptrend phase. Watch the S level, as long price stays above S, trend following method will works. On the other side, while the trend is flattening and price breaks S, it indicate early bearish phase.
2. The medium R/S (the blue & red dots, we called: R/S+) represent 1 month timeframe fractal. RS+ is used for swing strategy. This indicator will also perfectly works with our other module: trend optimizer. While the trend is consolidating, trader have to change from R/S into R/S+ (dotted line) as a swing high (sell on strength) & swing low range (buy on weakness).
3. The grey area around charts. it is a statistical standard deviation +/-2 from 20 days price average which is commonly used in Bollinger Band as well. This grey area works well with RS+ (the blue & red dots). Grey area, as what we knows in standard deviation, when data (price) moves outside the deviation, it tends to have a reversal movement back into deviation area. If the price piking above its grey area, it tends to have a pullback movement. If price drop below its grey area, it tends to have a rebound.
Benefit For You
You'll have a guidance how to follow the trend while the major trend is as you expected, and how to trade in swing low - high condition while the trend is sideways.
If you combine this script with our other two module: Trend optimizer module & Momentum Line Module, You'll have a complete template to analyze both trend and swing strategies.
Cerca negli script per "swing trading"
[UPRIGHT Trading] OrderZones - Supply & Demand (Predictive) (cc)Hello Traders,
This is one that I've been working on a very, Very long time. As easy as it is to draw after the fact, as someone well versed in Supply and Demand; it's a bit more difficult to create all the calculations to show them, code them out, and then I went a step further — attempting to predict future ones as well.
Let's talk about what Supply & Demand Zones are. They are a pattern and technical analysis technique used in day and swing trading. Demand zone represents the area with strongest buying pressure and Supply zone represents selling pressure. Often these zones will show Institutional/Large buyers and sellers executing their orders causing price to move up or down very quickly, creating a long wick on a small and sometimes momentum that feeds into the larger timeframes. Therefore, in the simplest terms, the Supply and Demand Orderzones are the zones the price often gets rejected from or returned to; when Demand exceeds Supply, price jumps up and vice versa.
Unlike lines of support and resistance , these are zones more closely than precise lines, but can help gauge Support and Resistance on the fly.
Richard Wykoff was one of the first market analysts to explain the interaction of these phases, giving them four labels. It is in the understanding of Wyckoff's explanation of market price action, that supply and demand zones are also known as Accumulation and Distribution zones (Accumulation, Markup, Distribution, Markdown).
Shows potential entries on break from zone. Pivots. Large breakdowns or breakouts signalling possible trend change.
Super Fast Real-time Orderzone creation. Resistance line at Supply, shows multiple dimensions of each zone when large enough.
Different calculation, line, transparency settings
Minimalist mode with autobox
Features:
Multiple calculation modes with different lengths and displays.
AutoBox (Predictive Orderzones).
Buy/Sell Highlights.
UPRIGHT – Ultimate Reversals (Support/Resistance version).
Breakouts/Breakdowns + Signals.
Pivot Labels (HH, HL, etc).
Pivot Bar.
Pivot Buy /Sell Signals.
Fully Customizable—Change line types, transparency, colors, etc).
I am still working on the calculations for one more addition, but as it is, this should help anyone automate their S/D technical analysis.
Please see author instructions for access.
Cheers,
Mike
(UPRIGHT Trading)
Market Rhythm Trading Algo with Super SignalsThe Market Rhythm trading algo is designed using many different confluence data points that gives you a virtually unlimited combination of settings to manage risk on any given underlying asset. Designed with flexibility in mind, Market Rhythm can be used on futures, stocks, options, and even crypto.
The current settings are what give you the most buy and sell signals. Be sure to change the 'Rate of Change' source to something like hl2 instead of close where it's set to get even more signals.
How to Use:
Regular vs Super - Market Rhythm includes a set of regular signals, which are given on many price bars. Super signals are a combination of regular signals based on a length of bars you set. This is an effective way to clean up the chart and give more reliable buy and sell signals.
The idea behind so many points of confluence is to give you many different ways to filter out the signals you don't want to trade, or just don't like trading. With built in filters using rate of change, rsi, and chop index, you can customize the feel of your signals based on your risk. You can even use the Settings1 and Settings2 and ADX to separate your risk management into 2 different market conditions. For lower ADX settings you can manage risk much tighter for choppier, less trending markets. For higher ADX settings you will be able to set your risk management based on stronger trends.
The Adaptive Average included also changes based on Settings1/2 to give you a better idea of changing market conditions.
The Moving Average Ribbon can be used to temper your decisions for entering or exiting a trade. For instance, if you receive a red (sell signal) during a strong up trend, and the Adaptive Average is green, and the MA Ribbon is all green, then you have a pretty good idea of whether or not its safe to stay in the trade or go ahead and take profit.
Depending on your favorite time frame, Market Rhythm can be used for intraday scalping, as well as, daily swing trading. Not sure if your favorite discord pump stock is ready to go up? Check it against Market Rhythm and you'll have a much better idea of whether it's still going up or if you've missed the move. Trade safer and happier with Market Rhythm.
The small green triangles are 'regular buy signals' and the larger green triangles are 'super buy signals'.
The small red triangles are 'regular sell signals' and the larger red triangles are 'super sell signals'.
Use this indicator against your levels or main strategy for maximum effectiveness.
Limitations:
This script does not mark reversals. It will only identify safe trade zones during periods of strong momentum.
Disclaimer:
The information contained in my scripts/indicators/ideas 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, 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/strategies/ideas are only for educational purposes!
Clutch AlgoThe Clutch Algo provides reversal signals and trend signals. The indicator can be used for stocks, crypto and forex. It can also be used for day trading and swing trading.
Reversal signals were done by modifying the Bollinger Bands and MACD and combining them in a unique way to find explosive price actions. These have been modified to provide signals at the bottom or top of a trend to catch price reversals and to improve margin of safety on trades. These signals are labeled as “Long” and “Short”.
We also added automatic support and resistance zones to increase the accuracy of the “Long” and “Short” signals. This was done by using historical price action of highs and lows and periods of consolidation where price reversed.
The trend signals, which are labeled as “Bull” and “Bear” signals use a combination of exponential moving averages. These signals can be used as trend continuations.
We also added an exponential moving average cloud to help traders easily visualize trend. This can be used as a guide to help you stay in a trade to maximize profits. It can also be used as a guide to get out of a trade if price breaks out of the cloud. The third use of the cloud can be used as support resistance in between high/low support and resistance zones.
Tips:
- Only take long/short signals when there is a support or resistance zone formed at or near the long/short signal, preferably within 1-3 bars of the support or resistance zone. Signals too far from "Long" or "Short" signals reduces your margin of safety.
- When in a Long or Short position, use support or resistance zones as a stop loss level as price is likely to go against the position.
- When taking a Long/Short or Bull/Bear signal, wait for candles to be completed to get best entry possible.
- Previous support zones can be used as resistance zones and previous resistance zones can be used as support zones.
- The support and resistance (SR) period can be adjusted. Numbers in the SR settings are bars looking back. For example, a setting of 10, looks back 10 bars.
CapX Core SignalsThis is an indicator that generates Long and Short Signals on multiple marketable instruments such as Indices, Stocks and Crypto. This indicator has almost everything for intraday and Swing trading. Works perfectly on multiple timeframe and give signal on real time. Tested on Indices.
We make use of Relative Strength and Moving Averages to Generate Signal but at the same time, a signal is confirmed by Volatility Indicators and trend. This way we are able generate a few signals but more precise one. While generating a signal, system gives us Stop Loss Level Instantly which is calculated from Average Ture Range.
MACD Level Modified - The Smooth Line help reduce false break out
RSI is confirmed with Crossover of RSI and EMA
ADX level used to Identify Volatility ,
ATR Multiplied with float factor to give Stop Loss Range. - User get option to input ATR Float Value
EMA 9, EMA 14 and EMA 21 Used to Identify Short trend in market
DEMA 100 and DEMA 200 used to find Long Trend in Market
Support Resistance Levels marked
What makes this Indicator Unique is that it is free from clutters, indicators and signals. Less Number of signals but precise one are only generated. Charts are not cluttered with many drawing or indicators so you get a clear view of price actions and you can further work on chart and candle Pattern.
We have placed a Information Dashboard on top right corner that work real time to give you exact trend checked with EMA and Confirmed by other moving averages. The Dashboard also informs about On Going Market volatility in simple words and gives faster signal in color coded cells.
Capovex CoreCapovex Core
This is an indicator that generates Entry and Exit Signals on multiple marketable instruments such as Indices, Stocks and Crypto. This indicator has almost everything for intraday and Swing trading. Works perfectly on multiple timeframe and give signal on real time. Tested on Indices.
We make use of Relative Strength and Moving Averages to Generate Signal but at the same time, a signal is confirmed by Volatility Indicators and trend. This way we are able generate a few signals but more precise one. While generating a signal, system gives us Stop Loss Level Instantly which is calculated from Average Ture Range.
MACD Level Modified - 12, 26, 14 - The Smooth Line help reduce false break out
RSI is confirmed with Crossover of RSI and RSiMA
ADX level used to Indentify Volatility, Signal generated on ADX less than 20 gets an Alert Icon
ATR Multiplied with float factor to give Stop Loss Range. - User get option to input ATR Float Value
EMA 9, EMA 14 and EMA 21 Used to Identify Short trend in market
DEMA 100 and DEMA 200 used to find Long Trend in Market
What makes this Indicator Unique is that it is free from clutters, indicators and signals. Less Number of signals but precise one are only generated. Charts are not cluttered with many drawing or indicators so you get a clear view of price actions and you can further work on chart and candle Pattern.
We have placed a Information Dashboard on top right corner that work real time to give you exact trend checked with EMA and Confirmed by other moving averages. The Dashboard also informs about On Going Market volatility in simple words and gives faster signal in color coded cells.
Double RSI/LSMA Double RSI uses a Slow RSI combined with a Fast RSI to generate Buy and Sell signals. Least Squares Moving Average is only here for filtering signals. It is very good on certain stocks or ETFs on longer timeframes for swing trading. If you get a Buy signal look at the LSMA trend and if the candle is above the LSMA. It works great for me on lower timeframes scalping futures and on higher timeframes swinging options. It is better than paying for Buy and Sell signals. Its my first script/indicator so play with it and see what you think. Let me know if you guys find anything that makes it better. Hopefully this helps some traders out there.
Spartan Trading Round NumbersRound number Swing Trading System:
Setup part 1: Set Near Round Number And Specific Gap in indicator input session
Setup part 2: What is the direction of the trend? Use Dow Theory, moving averages or your preferred technical analysis to determine the trend. Only trade with the trend.
Setup part 3: Wait for the price to swing in the direction of the trend
Setup part 4: Wait for a correction to begin after a high in an uptrend or low in a downtrend near a round number.
Entry price: Set your entry price at the next round number up in a downtrend or down in an uptrend
Stop loss: Set your stop loss at the next but one round number or the fifty level
Take profit: Set your profit target 200-300 Points from your entry price.
Institutional Behavior AnalyticsJapanese below / 日本語説明は下記
■Summary
This indicator provides analysis on institutional investors/traders’ behavior by discovering and interpreting patterns of CFTC positions and price action in order to help users follow market directions that maker makers create and make decisions.
■What can we do with this indicator?
●Display institutional investors/traders’ position(CFTC COT position)
●Analyze institutional investors/traders’ behavior
Analyze institutional investors’ behavior from CFTC position data and price action and patternize the movement where strong buying/selling pressures are indicated
●Notify institutional investors’ behavioral changes with signals and alerts
In case strong buying/selling pressures detected, signals will be displayed along with the factors by which the behavioral changes identified. Alerts can be set with the same condition as signals.
■Why is it important to analyze institutional investors/traders behavior?
Financial markets are created by institutional investors/traders aka market makers. Analyzing their behavior and knowing where they are heading are chances for retail traders for trend trading.
■Functions
There is three core functions in this indicator.
1. CFTC COT Positions
2. Institutional Behavior Analysis
3. Alert
■Function Details:
1. CFTC COT Positions
1-1. CFTC COT Position
This indicator shows COT(Commitment of Traders) positions provided by CFTC with selection of legacy format and new format.
Users also can select position type from Futures only and Futures and Options.
Data source is quandle.com
The indicator shows the data of the assets listed below based on the code and the ticker code of which users open charts.
This is upgrade functions of CFTC Positions by COT Report(Legacy and New Format) Indicator which I previously released by adding more assets and new functions; (1)manual CFTC code entry, (2)display of changes from previous week and (3) Auto-identification of peak position level (see below)
CFTC Positions by COT Report(Legacy and New Format)
Indices:
Dow Jones Industrial Average / CFTC code:12460P / when DJI/US30 open
S&P 500 STOCK INDEX / CFTC code:13874P / when SPX / SPX500USD /US500 open
NASDAQ-100 STOCK INDEX / CFTC code:20974P / when NDX/US100 open
E-MINI Russel2000 INDEX / CFTC code:239742 / when RUT/US2000 open
NIKKEI STOCK AVERAGE / CFTC code:240741 / when NI225 / JP225USD open
Currencies:
EURO / CFTC code:099741 / when EURUSD open
Japanese Yen / CFTC code:097741 / when USDJPY open
British Pound / CFTC code:096742 / when GBPUSD or EURGBP open
Australian Dollars / CFTC code:232741 / when AUDUSD open
New Zealand Dollars / CFTC code:112741 / when NZDUSD open
Canadian Dollars / CFTC code:090741 / when USDCAD open
Swiss Franc / CFTC code:092741 / when USDCHF open
Commodities:
USOIL / CFTC code:067411 / when USOIL open
Brent oil / CFTC code:06765T / when UKOIL open
GOLD / CFTC code:088691 / when GOLD or XAUUSD open
Silver / CFTC code:084691 / when SILVER or XAGUSD open
Platinum / CFTC code:076651 / when PLATINUM or XPTUSD open
Palladium / CFTC code:075651 / when PALLADIUM or XPDUSD open
Copper(Grade#1) / CFTC code:085692 / HG1! or HG2! Open
Natural Gas(Henry Hub) / CFTC code:023391 / when NATURALGAS open)
Corn / CFTC code:002602 / ZC1! Or ZC2! Open
Cryptos:
Bitcoin / CFTC code:133741 / when BTCUSD open
Ether / CFTC code:146021 / when ETHUSD open
Data to be displayed:
Legacy format:
1. Open Interest
2. Non Commercial Long
3. Non Commercial Short
4. Non Commercial Net Positions (calculated by 2 and 3)
5. Non Commercial Spreads
6. Commercial Long
7. Commercial Short
8. Commercial Net Positions(calculated by 6 and 7)
9. Total Long
10. Total Short
11. Non Reportable Positions Long
12. Non Reportable Positions Short
13. Non Reportable Net Positions(calculated by 11 and 12)
New format:
1. Open Interest
2. Producer/Merchant/Processor/User Longs
3. Producer/Merchant/Processor/User Shorts
4. Producer/Merchant/Processor/User Net Positions(calculated by 2 and 3)
5. Swap Dealer Longs
6. Swap Dealer Shorts
7. Swap Dealer Net Positions(calculated by 5 and 6)
8. Swap Dealer Spreads
9. Money Manager Longs
10. Money Manager Shorts
11. Money Manager Net Positions(calculated by 9 and 10)
12. Money Manager Spreads
13. Other Reportable Longs
14. Other Reportable Shorts
15. Other Reportable Net Positions(calculated by 13 and 14)
16. Other Reportable Spreads
17. Total Reportable Longs
18. Total Reportable Shorts
19. Non Reportable Longs
20. Non Reportable Shorts
21. Non Reportable Net Positions(calculated by 19 and 20)
Sample chart
Colors and chart type are configurable.
❶.Non commercial long(green)/short(purple)/net(blue) position
❷.All data in legacy format
❸. All net positions in new format
1-2 Manual CFTC code entry
Besides the assets above, users now can enter CFTC code manually when they want to specify CFTC code regardless of charts they are opening and see other assets' COT position data.
1-3 Changes from previous week
Changes from previous week are displayed as text for Open interest, Non Commercial Long/Short/Net positions.
1-4 Auto-identification of peak position level in past N week
By specifying number of weeks(=N), the indicator automatically identify highest position level in the past N weeks for Non-commercial long and short positions.
By knowing this, users can prepare for trend reversal possibilities.
Sample chart
2. Institutional Behavior Analysis
This indicator detects institutional behavior changes based on changes of positions and price action and then categorizes them into patterns where strong buying/selling pressures of institutional investors are indicated.
Once the patterns identified, those will be displayed as signals and also it plots the factors in text by which the patterns are identified in order to support users’ decision making.
Sample chart
What makes indicator suggest institutional investors’ strong buy/sell will be remarked in the bottom right corner.
Please be noted that this function works on weekly timeframe only as institutional investors positions are updated on weekly basis by CFTC.
3. Alert
Alerts can be set with the same condition as signals so that users do not miss indicated strong buying/selling pressure of institutional investors.
■What timeframe/trading style is this indicator for?
As CFTC position updated on weekly basis, weekly, daily and 4H timeframes are most appropriate hence swing trading and day trading is best fitting trading style.
Scalping? Possible but why would we aim such small movement, knowing the directions that institutional investors are going to which could lead to big trends.
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■サマリー
機関投資家の建玉とプライスアクションに基づいて機関投資家の行動分析を提供するインジケーターです。
機関投資家の強い買い圧力、売り圧力が示唆されるケースをその構成要素と共にパターン分類。
マーケットメーカーの作り出す相場の方向性に追従しやすくなるように、ユーザーの意思決定を支援します。
■このインジケーターでできること
●CFTC建玉の分析
CFTC(アメリカ商品先物取引委員会)が公開するCOT(Commitment of Traders)レポートに基づき機関投資家や商業筋の建玉データを分析することができます。
●機関投資家の行動分析
建玉データと値動きから機関投資家の行動を分析することが可能です。
インジケーターは建玉データとプライスアクションを基に機関投資家の強い買い圧力、売り圧力が示唆されるケースをその構成要素と共にパターン分類します。
●機関投資家の行動変化をシグナルとアラートで通知
機関投資家の強い買い圧力、売り圧力が検知された場合、その構成要素と共にシグナルを表示します。またシグナル表示のタイミングでアラート設定することも可能です。
■なぜ機関投資家の建玉や行動を分析することが重要なのか？
相場はマーケットメーカーと呼ばれる機関投資家によって作られています。
彼らのポジション状況や行動を分析し、彼らがどの方向に進んでいるのかを知ることは、個人投資家にとってトレンドフォローでトレードする機会、特に大きなトレンドに乗る機会を見出すことに繋がります。
機能
このインジケーターには主に3つの機能が搭載されています。
1. CFTC建玉データの表示
2. 機関投資家の行動分析
3. アラート
1. CFTC建玉データの表示
1-1. CFTC建玉データの表示
COTレポートが提供するCFTC建玉をサブウィンドウに表示することができます。
データレイアウトについては、レガシーフォーマットと新フォーマットの二つのレポートフォーマットを選択可能です。
またポジション種類として先物のみを表示するか、先物とオプションを含んだポジションを表示するかの選択も可能です。
インジケーターが表示する対象の資産と該当のCFTCコード、どのティッカーコードのチャートで表示されるかは以下の通りです。(データソースはquandle.com)
この機能は以前リリースしたCFTC Positions by COT Report(Legacy and New Format) Indicatorのアップグレードバージョン機能です。
対象データが追加されている他、新機能として(1)マニュアルでのCFTCコード指定、(2)前週比の表示、(3)過去のピークポジションのレベルライン自動描画が追加されています。 （詳細は下記）
CFTC Positions by COT Report(Legacy and New Format)
株価インデックス:
ダウ工業平均 / CFTC code:12460P / DJI/US30 を開いたとき
S&P500 / CFTC code:13874P / SPX / SPX500USD /US500
ナスダック100指数 / CFTC code:20974P / NDX/US100
E-MINI ラッセル2000指数 / CFTC code:239742 / RUT/US2000
日経平均 / CFTC code:240741 / NI225 / JP225USD
通貨:
ユーロ / CFTC code:099741 / EURUSDを開いた時
円 / CFTC code:097741 / USDJPY
ポンド / CFTC code:096742 / GBPUSD または EURGBP
豪ドル / CFTC code:232741 / AUDUSD
ニュージーランドドル / CFTC code:112741 / NZDUSD
カナダドル / CFTC code:090741 / USDCAD
スイスフラン / CFTC code:092741 / USDCHF
コモディティ:
WTI原油 / CFTC code:067411 / USOIL
北海ブレント原油 / CFTC code:06765T / UKOIL
ゴールド / CFTC code:088691 / GOLD または XAUUSD
シルバー / CFTC code:084691 / SILVER または XAGUSD
プラチナ / CFTC code:076651 / PLATINUM または XPTUSD
パラジウム / CFTC code:075651 / PALLADIUM または XPDUSD
銅(Grade#1) / CFTC code:085692 / HG1! または HG2!
天然ガス(Henry Hub) / CFTC code:023391 / NATURALGAS
コーン / CFTC code:002602 / ZC1! または ZC2!
暗号資産:
ビットコイン / CFTC code:133741 / BTCUSD
イーサ / CFTC code:146021 / ETHUSD
表示されるデータ:
レガシーフォーマット(一般的によく見るのはこのフォーマットです。)
1. Open Interest
2. Non Commercial Long
3. Non Commercial Short
4. Non Commercial Net Positions (calculated by 2 and 3)
5. Non Commercial Spreads
6. Commercial Long
7. Commercial Short
8. Commercial Net Positions (calculated by 6 and 7)
9. Total Long
10. Total Short
11. Non Reportable Positions Long
12. Non Reportable Positions Short
13. Non Reportable Net Positions(calculated by 11 and 12)
新フォーマット:
1. Open Interest
2. Producer/Merchant/Processor/User Longs
3. Producer/Merchant/Processor/User Shorts
4. Producer/Merchant/Processor/User Net Positions(calculated by 2 and 3)
5. Swap Dealer Longs
6. Swap Dealer Shorts
7. Swap Dealer Net Positions(calculated by 5 and 6)
8. Swap Dealer Spreads
9. Money Manager Longs
10. Money Manager Shorts
11. Money Manager Net Positions(calculated by 9 and 10)
12. Money Manager Spreads
13. Other Reportable Longs
14. Other Reportable Shorts
15. Other Reportable Net Positions(calculated by 13 and 14)
16. Other Reportable Spreads
17. Total Reportable Longs
18. Total Reportable Shorts
19. Non Reportable Longs
20. Non Reportable Shorts
21. Non Reportable Net Positions(calculated by 19 and 20)
サンプルチャート:
色とグラフ/線種は変更可能です。
❶.Non commercial(いわゆる投機筋)のポジション: ロング(緑)/ショート(紫)/ネット(青)
❷.レガシーフォーマットの全データ出力
❸. 新フォーマットで提供される全てのネットポジション
1-2 CFTCコードのマニュアル入力
上記のアセットに加え、任意のCFTCコードを指定して建玉データを表示することができます。
現在開いているチャートに関係なく、特定のアセットの建玉を確認したい時、他のアセットの建玉との相関を見るときに活用できます。
1-3 前週比の表示
Open Interest, Non Commercial（投機筋）のLong/Short/Netについて、前週比を表示します。
1-4. 過去N週間における建玉のピークを自動表示
過去N週間(Nはパラメータ設定)におけるNon Commercial（投機筋）のロング·ショートポジションのピークを自動で表示します。
過去の建玉のピークを知ることで、建玉が再びそのラインに接近した時のトレンド転換の可能性に備えることが可能です。
サンプルチャート
2. 機関投資家の行動分析
この機能では建玉の変化とプライスアクションから機関投資家の行動変化を検知し、機関投資家の強い買い、売りの存在が示唆されるケースをパターン分類します。
パターンが特定されたタイミングでシグナル表示するとともに、パターンを構成する要素（何を以て機関投資家の強い買い/売りの存在を判断したか）をテキストで表示することでユーザーの意思決定を支援します。
サンプルチャート
インジケーターが機関投資家の強い買い·売りの存在が示唆されると判断した要素がサブウィンドウの右下に記載されます。
この機能は週足でのみ有効です。
3. アラート
上記2のシグナルが表示されるタイミングでアラートを設定することができます。
機関投資家の強い買い·売りを検知したタイミングを逃さないよう活用してください。
■このインジケーターが適しているタイムフレーム
CFTCのポジションが週次で更新されることから、長めの時間軸である週足、日足から4時間足くらいまでが適しています。
トレードスタイルとしては、機関投資家が作る大きなトレンドに追尾するスイングトレードが最も適していると考えますが、デイトレードにも使えます。
E³ Trend GuardWe all need help staying in trades as long as possible, buckling down through those pesky pullback and consolidation periods, and this script really helps you gain some better insight!
The TREND GUARD indicator is great for keeping you in trending trades through pullbacks and short consolidations. It is a STOP INDICATOR and helps you with your exits. It can work for Swing Trading on strongly trending stocks ( bullish and bearish ) as well as help you on intraday trades of the same. It can also be used to gain insight for entries (see below).
HOW TO USE:
FOR EXITS:
Once you've entered a trending stock that may be providing Alpha (excess returns or depreciation vs the market), you can use the strong Yellow line that is behind the candlesticks (see TIP #1 below) to keep you in your trade or inform you of when you should think about exiting. What you are looking for, is for the yellow line to not cross over to the other side of the yellow band from the "trending side" of your trade. In other words, when price is running up the band, similar to trading Bollinger Bands , or above the band, and the band is curving up or running upward as well, that can be considered "in trend" and LONG ( bullish ) in direction. The converse is true for "in trend" SHORT ( bearish ) direction.
FOR ENTRIES:
It wasn't built for entries, but users are reporting good results for using it for entries. The best technique for entry appears to be to allow the band to run sideways during a consolidation, then enter on the side where a strong breakout/down candle or price occurs through to outside the yellow band. This is very similar and indeed somewhat corresponds to entering breakouts of bases (sideways consolidation areas).
TIP
In order to see the strong yellow line (looks like a thread behind the candlesticks ), you have at least three choices:
Change your charts to LINE type on the CLOSE pricing;
Point at the indicator on the chart and it will highlight it and the line that is behind the Candlesticks will come forward
On the Data Information pane you can toggle HIDE candlesticks to see it more clearly
THE MECHANICS:
So what's going on behind the scenes here?
Instead of the traditional statistical band approach like Bollinger, or Keltner, or ATR bands, which all spread out from a "center line" (calculated as OHLC4, etc) ... I have instead created the upper band with a Moving Average of the Highs of each period (candle) and a lower band with a Moving Average of the Lows of each period (candle). I used the weighted moving average in order to make current pricing more relevant. And through backtesting I have found the ideal period to be 10.
CREDIT TO: The original Moving Average Ribbon by TradingView™
[blackcat] L5 Price Positioning Index for Market SeasonsLevel: 5
Background
Are you tired of traditional Japanese candlesticks? Do you want to try a new type of candle master chart? This is my private L5 version, which introduces "Market Season Bands" for oversold and overbought status, historical resistance and support arrows in dynamic forms, inherent pyramiding for buy and sell.
Function
L3 Price Positioning Index is totally brand-new candle chart invented by myself. This main chart can provide effective resistance and support levels, and you can see where the price is running at any time. There are 3 key color bands. Blue-Green gredient band is used to indicate oversold support or breakthrough support levels; the color is blue means extreme oversold, green means oversold you can ignore. This band indicates the season of market entering "Winter". The Green-Orange band indicates the midline position where prices may pause; the green color here means bear middle while orange color here means bull middle. Accordingly, middle band color indicates market season entering "Spring or Autumn" . Finally, Pink-Red band indicates overbought resistance or breakthrough resistance levels; the pink color means market season is NOT bullish while the red color indicates it is a good market season to long. top band color indicates the market season entering "Summer". Enjoy your "Summer" with profit!
There are two types of candlestick charts.
The first type candles are mid-to-long-term trend candles, navy represents an uptrend and the length of the candle represents a change in intensity; maroon represents a downward trend and the length of the candle represents a change in intensity. You can find principle in L5 Price Positioning Index code. In L5 version, to simplif the visual effect, the display is hidden. This trend candle is the effective support and resistance level of the second type short-term swing candle.
The second type candles are short-term candles fluctuate around the first medium- and long-term trend candles. The second short-term candle is divided into five colors: green means pump; red means retracement in the ascending process; blue and yellow means bearish rebounce and trend reversal signal; white means dump; blue means price rebound in the descending process. I describe these in raindrop or snow-drop form, which can be quite familar for you to imagine the temperature of the market :).
Key Signal
THREE KEY LINES:
htop --> Pink-Red band, "Market in Summer", overbought resistance or pump breakout threshold
hmid --> Green-Orange band, "Market in Spring or Autumn", price pause zone, sideways may happen here
hbot --> Blue-Green gredient band, "Market in Winter", oversold support or dump breakout threshold
MID-LONG TERM CANDLES:
colorful trend line, it is an important support or resistance for short term price movements and the bull-bear boundary for market seasons.
SHORT TERM CANDLES:
1. bear rebounance --> rebounce in down trend candle with blue color
2. pump --> up trend pump candle with green color
3. trend reversal --> trend reversal candle with yellow color
4. dump --> bearish dump candle with white color
5. bull retracement --> retracement in up trend candle with red
Pros and Cons
Pros:
1. Long term trend identification by three lines for overbought, oversold and breakouts
2. Mid term trend support and resistance with a colorful boundary
3. Short term price behaviors are classified into 5 types of candles in blue, green, yellow, red and white
Cons:
I invent this to solve traditional JP candlestick shortcomings. If you find anything on Cons, just feedback to me for improvements.
Remarks
1. Closed-source, Invite-only, NOT free. (Free version is available by search "L3 Price Positioning Index")
2. Highl recommended to use this indicator for >= 4H timeframe, which means this is powerful for swing trading.
3. IMPORTANT!!! To have superior visual effect, you need to enter "Chart Setting" --> "Symbol" --> TURN OFF "Body", "Borders" and "Wick" of traditional JP candles.
Subscription
500 Tradingview Coins per Monthly Sub.
500X10 Tradingview Coins per Yearly Sub.
GTI BThis indicator is a slightly modified, and slightly beefed-up, Stochastic RSI.
The standard Stochastic RSI is great for visualizing momentum swings, but does little to inform about transitions between larger trends that may require several Stochastic oscillations to play out. This makes Stochastic indicators difficult to use on their own, particularly outside of swing trading. Thankfully, as an oscillator itself, the standard RSI has cycles that occur more gradually. Because of this, it is possible to use Stochastic oscillations to decipher the short term swings of price action while using the standard RSI to help determine when there are likely to be reversals of larger trends. When used properly, this approach allows an investor to enter or exit positions at local highs or lows, while also improving the odds of executing at the start of new trends.
Aside from plotting both indicators in the same panel, this script also applies a useful color scheme to assist in determining good entry and exit points. The color of the Stochastic line is dependent on combinations of the current value of the line, whether or not it is above the trigger line, and also the current RSI value. The default colors of the Stochastic line is white when it is above the trigger line, and dark blue when it is below, making it easy to identify crosses. When RSI is oversold, the line will be colored by shades of green. When the Stochastic line crosses over the trigger line at these low RSI levels, the color flips from dark to light green. If RSI and Stochastic lines are all high, cross-under events will have the color change from dark red to red.
The strategy behind the color is as follows:
- Entries for longs or exits for shorts are best when RSI is oversold, so the line will be green at this point. Look for crossovers of the Stochastic lines when the are low (below 15) and looking like they will soon climb higher.
- Exits for longs or entries for shorts follow the same logic, but at high levels rather than low. Look for the Stochastic line to be red, and above a value of 85.
*Note* - Do some back-testing with this indicator to get a good feel for how it works. Due diligence is to observe it in bear, bull, and sideways trends, as they all produce unique outputs. Thankfully, the variations in behavior show some clear patterns through this indicator, adding to its ability to identify larger trends. For example, during the types of sell-offs and liquidation events that are oh so common in crypto, even the standard RSI may need to go through several oscillations before "resetting" and identifying a true bottom. When this occurs, RSI will be weak so the stochastic line will be green for much longer as it oscillates. A Stochastic line that reaches high levels but remains green is a good way to tell that another drop is coming, especially when this occurs on time frames in the several hours range. This is clearly useful during those trying times.
As another note, strong trends will require the use of divergence with the Stochastic oscillations to enter or exit positions at the best time. Strong trends will have the oscillator top or bottom out multiple times, so waiting for the oversold or overbought conditions to produce divergences will offer improved odds.
All in all, this indicator makes some useful combinations of two of the most popular market calculations around, and displays the information in a very user-friendly manner. It is powerful enough identify trends on short or long time frames, and concise enough to do so quickly and reliably.
Thank you for taking the time to read, and happy investing.
Multi-Function RCI(strategic signal,alert and divergence)Japanese below / 日本語説明は下記
Overview
Multi-function RCI indicator with functions below.
1.Multiple signals according to conditions where 3 RCI lines cross
2.Alert when signals triggered
3.Auto divergence drawing
What is RCI?
RCI is one of the oscillator indicators such as RSI and stochastic, measuring overbought/oversold. While RSI and stochastic measures overbought/oversold by price axis, RCI measures by price and time axis.
Please see the details below.
Functions:
1.Multiple signals according to conditions where RCI 3 lines cross
There is two types of signals available in this indicator
A. Overbought/oversold signals
B. Strategic signals
A. Overbought/oversold signals
These signals are displayed when each RCI line crosses upperband/lowerband.
Conditions are as follows:
-RCI(Short) cross over/under upper band
-RCI(Short) cross over/under lower band
-RCI(Middle) cross over/under upper band
-RCI(Middle) cross over/under lower band
-RCI(Long) cross over/under upper band
-RCI(Long) cross over/under lower band
Upper band and lower band can be parameterized.
a. Cross over upper band/Cross under lower band:
These signal are good to judge trend maturity. Once trends get matured, market usually goes into sideways and lead to trend reversal.
b. Cross under upper band/Cross over lower band:
These signal are good to catch trend reversal.
The longer RCI period gets, the bigger price movement gets.
Sample chart
RCI(middle,dark blue) and RCI(Long, magenta) crosses over/under upper band/lower band
B. Strategic signals
Strategic signals are more appropriate to judge timing to enter a trade.
Signals will be appeared when conditions below met with option to select signal sensitivity.
-RCI(Short) crosses over RCI(Middle)
-RCI(Middle) crosses over RCI(Long) and RCI(Long) is below zero line
-RCI(Short) crosses over RCI(Long) and RCI(Long) is below zero line
-RCI(Short) crosses under RCI(Middle)
-RCI(Middle) crosses under RCI(Long) and RCI(Long) is below zero line
-RCI(Short) crosses under RCI(Long) and RCI(Long) is below zero line
With signal sensitivity “Advanced” selected, signals will be displayed when conditions above are met above upper band or below lower band.
Advanced mode is more suitable to aim bigger trend while standard mode is for short term up/down movement.
Signal sensitivity is designed for users to select depending on their trading style(Day trading, swing trading, scalping) and strategy.
Once strategic signals triggered, prepare for trend reversal, observing price action.
The two charts below describe how different signal sensitivity makes.
Sample chart(Standard)
RCI(middle, dark blue) and RCI(long,magenta) cross signals are displayed as an example
Sample chart(Advanced)
RCI(middle, dark blue) and RCI(long,magenta) cross signals are displayed as an example
As you can see, advanced mode is more suitable to aim big movement as RCI cross happens after maximum stretch, while standard is good to catch smaller wave.
2.Alert when signals triggered
Alert can be set with above-mentioned signal conditions.
3.Auto divergence drawing
Divergence line will be automatically drawn as per the logic below.
Also, users can select which RCI line(Short/middle/long) will be targeted to detect divergence.
Bearish : When two consecutive pivot highs go up but RCI values corresponding to each high go down.
Bullish: When two consecutive pivot lows go down but RCI values corresponding to each low go up.
Pivot highs(lows) are identified when those are preceded by n lower highs(lows) and proceeded by n lower highs(lows).
* n is parameterized.
See the diagram below.
How to access this indicator?
This indicator is paid and invited-only indicator.
Please see the instruction below.
Comment section is only for comments on the indicator or updates. Please refrain from contacting me using comments to follow TradingView house rules.
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多機能RCIインジケーターです。以下の機能が搭載されています。
1.複数タイプのシグナル表示(シグナル感度制御付き)
2.アラート設定
3.ダイバージェンス自動描画
RCIとは?
RCIはRSIやストキャスティクスと同様に買われすぎ・売られすぎを数値化するオシレーター系インジケーターの一つです。
RSIやストキャスティクスが価格軸だけを元に買われすぎ・売られすぎを数値化するのに対して、RCIは価格と時間軸の双方を考慮して買われすぎ・売られすぎを数値化するという違いがあります。
機能詳細は以下の通りです。
機能詳細
1.複数タイプのシグナル表示(シグナル感度制御付き)
3本のRCIとアッパーバンド・ロワーバンドとの交差条件で異なるシグナルを表示することができます。
このインジケーターには以下の2つのタイプのシグナルが存在します。
A. 買われすぎ/売られすぎシグナル
B. ストラテジーシグナル
A. 買われすぎ/売られすぎシグナル
RCIと買われすぎ・売られすぎの水準であるアッパーバンドとロワーバンドとのクロスでシグナルを表示します。
条件:
RCI(短期)がアッパーバンドを上抜いた時または下抜いた時
RCI(短期)がロワーバンドを下抜いた時または上抜いた時
RCI(中期)がアッパーバンドを上抜いた時または下抜いた時
RCI(中期)がロワーバンドを下抜いた時または上抜いた時
RCI(長期)がアッパーバンドを上抜いた時または下抜いた時
RCI(長期)がロワーバンドを下抜いた時または上抜いた時
アッパーバンドとロワーバンドはパラメータ設定可能です。(初期値は80と-80%)
<使い方>
A.アッパーバンドの上抜け/ロワーバンドの下抜け
トレンドの過熱感・成熟度の判断に使用。一般的にはトレンドが成熟しきった後に天井圏や底値圏を形成し、その後トレンド転換が発生します。
b.アッパーバンドの下抜け/ロワーバンドの上抜け
トレンド転換のタイミングを図るのに使用。
サンプルチャート
RCI中期(青)・長期(マゼンタ)が上下バンドを上抜いた時、下抜いた時
B. ストラテジーシグナル
3本のRCIの交差条件で発生するこのシグナルは相場の反転が期待できるシグナルということで、よりトレード機会の判断に向いています。
またシグナル発生の感度を、StandardとAdvancedの二つから選択することができます。
シグナル条件:
<シグナル感度: Standard>
<上昇示唆>
RCI(短期)がRCI(中期)を上抜いた時
RCI(中期)がRCI(長期)を上抜いた時かつ、RCI(長期)がゼロラインより下にある時※
RCI(短期)がRCI(長期)を上抜いた時かつ、RCI(長期)がゼロラインより下にある時
※ノイズを除去するため
<下落示唆>
RCI(短期)がRCI(中期)を下抜いた時
RCI(中期)がRCI(長期)を下抜いた時かつ、RCI(長期)がゼロラインより上にある時
RCI(短期)がRCI(長期)を下抜いた時かつ、RCI(長期)がゼロラインより上にある時
<シグナル感度: Advanced>
Advancedの場合は、RCIがアッパーバンドより上にある状態で上記の条件が満たされるか、ロワーバンドより下にある状態で上記条件が満たされた場合にのみシグナルが表示されます。
Advancedはよりトレンドの転換や大きな波を狙うのに適したものであるのに対し、Standardはより細かい動きを狙うためのシグナルとなるように設計しています。
この辺りの好みはトレードスタイルや狙いに応じて異なるため、トレーダーが各自選択できるように汎用的な作りとなっているのが特徴です。
ストラテジーシグナルが現れたらトレンド転換の可能性に備え、プライスアクションを見ながらトレードタイミングの判断を行います。
以下の二つのチャートでStandardとAdvancedモードで発せられるシグナルの違いが確認できます。
サンプルチャート(Standard モード)
中期RCI(青)と長期RCI(マゼンタ)の交差
サンプルチャート(Advanced モード)
中期RCI(青)と長期RCI(マゼンタ)の交差
AdvancedモードではRCIが最大限伸びたところからの交差を捉えているため、より大きな波を捉えられる一方で、Standardモードではより細かい波を捉えられることが確認できます。
3.ダイバージェンス自動描画機能
以下のロジックに基づきダイバージェンスを自動描画します。(初期表示:非表示)
下降示唆:2つの連続する高値(*)が切り上げられているが、 それぞれの高値に対応するRCIの値は切り下げている場合
上昇示唆:2つの連続する安値(*)が切り下がっているが、 それぞれの安値に対応するRCIは切り上がっている場合
*高値(安値)は、左右n本(**)ずつのローソク足の高値(安値)より高い(低い)高値(安値)をピボットハイ・ローとして算出しています。
** nはユーザ設定値です。
サンプルチャート
高値PL1はPL1の安値より左側にn個のより低い安値、右側にn個のより低い安値があった場合に安値として認識されます。
上記の例では安値がPL1>PL2と切り下がっていますが、対応するRCIの値はvalue1<value2と切り下がっているためダイバージェンスと認識されダイバージェンスラインが自動描画されます。
このようにロジックに基づいてダイバージェンスを認識してライン描画するため、肉眼で捉える場合より正確なダイバージェンスが把握できるでしょう。
言うまでもないことですが、ダイバージェンスが出たから逆張り、などの安易な発想は避けるべきです。
環境認識の一つの要素として見るべき指標でしょう。
インジケーターの使用について
当インジケーターは招待制インジケーター(有料)となっています。
使用を希望される方は以下の指示欄をご確認ください。
このページのコメント欄はインジケーターそのものに対するコメントやアップデートの記載のためのものとなっております。Tradingviewのハウスルールを守るためにもコメント欄からの連絡はご遠慮ください。
Swing Dream - PAINT BARS | MA | EMA | DMA | VWAP | TABLE | ADR %- Swing Dream -
Script created for breakout-swing traders, in the style of QullaMaggie * , Dan Zanger, Oliver Kell, and Stockbee.
The following indicators are used by most successful breakout-swing traders such as mentioned above.
(As published) it contains:
Painted Bars, also known as inside/outside candles. Used for candle analysis and to determine breakout pivots & levels. For instance; use it in different timeframes and seek formations (ex, 3-1-2). For further inspiration, study Rob Smith's The Strat .
MA, Simple Moving Averages (Basic levels = 10,20,50,200). Use this indicator to define resistance/support areas as well as the overall long/swing-term trend. In breakout strategies such as EP, Flags, etc this can be used for trailing stops; an example, post-breakout, let the price ride the 20ma before exiting your position.
EMA, Exponential Moving Averages with periods inspired by Qullamaggie (10,20,65). Use this on shorter timeframes (ex, 1h) and for the same principles as MAs.
VWAP, Volume-Weighted Average Price. As for the previous, utilize this as a level indicator to find areas of resistance/support. Good for swing-trading as it implies whenever holders are profitable or not.
DMA, Displaced Moving Average (Horizontal). Personally, I use this a lot. Works very well for trailing stops (post breakout) and "bounce" areas. Choose your own offset and period.
ADR%, Average Daily Range Percentage. Displayed in the table and used to define a symbol's volatility. A very good tool for Qullamaggie-style trading. Personally, I try to find setups with over 6% ADR. Basic definition; low ADR% = Increased chance of a symbol to move slower and in smaller ranges. A higher value equals the opposite.
Table. A table with basic symbol-related information. Could save you plenty of time whenever you scan or search for new swing setups. Looking to add more features here.
Why should you use this script? Well, instead of having tens of different indicators, use this script and combine everything together with EP, Flag, or breakout principles. Suited for every plan, and more efficient in my opinion.
View settings to turn on/off different indicators.
* If you're looking for an introduction and further explanation of how Qullamaggie uses mentioned indicators, I could recommend checking out his website, stream, or participation in "Chat With Traders".
At last, I want to credit: @jkcqld @neolao @TheScrutiniser
This Script will get updated and improved.
// TechFille006
Baekdoo compressed multi EMA box and its crossover indicatorHi forks,
I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo compressed multi EMA box and its crossover indicator tells us good trading time for swing trading.
Here is the idea. As you can see formula, I put ema of 5 days to 100 days.
and draw box when all disparity of the EMAs are less than 5%
I put those value in input variable as 105 (100 means same as max/min disparity ratio, 105 means max is 5% greater than min). This can be used 110 (10% of box) based on your needs.
Once box are drew, I put indicator when it crossover the box with 5 times larger than 60 days' highest volume. Then I put triangle indicator. This will be good trading point for short-mid term trading. you can check historical chart to evaluate this.
Hope this will help your trading on equity as well as crypto. I didn't try it on futures . Best of luck all of you. Gazua~!
Aspen Trading S/R LevelsIn Trading, Objectivity Trumps Subjectivity
“Every trader is a steaming hot bowl of bias stew and must maintain self-awareness and lucidity behind the screens as the trading day oscillates between boredom and terror.”
The above quote is from a good friend of mine and veteran FX trader Brent Donnelly. It completely nails the biggest challenge for new and even experienced traders: being as objective as possible when making trading decisions.
Yes, as you become more experienced, subjectivity, market feel and experience are part of one’s decision-making matrix, but early on you do not have that luxury.
If you start each day knowing that price action in the market is random it will remind you to think objectively. There are, however, repeatable patterns that occur again and again…..it’s your job to identify them.
That’s where Support & Resistance levels come in.
Definitions: “Support” and “Resistance” Levels
Many technical indicators and tools can be subjective and challenging to learn. This is not the case with support and resistance levels.
Support and resistance are terms for two price levels on a chart that appear to limit the security’s range of movement.
The “support level” is where the price regularly stops falling and bounces up.
The “resistance level” is where the price normally stops rising and dips back down.
The more frequently a price hits either level, the more reliable that level is likely to be in predicting future price movements.
Understanding Support and Resistance Levels
Remember, the more informed and objective we can be with numbers, the more confident we can be with our trades. That’s important because, although price action is random (a fact that has been proven time and time again), there are repeatable patterns we can use to get an edge.
Two of those objective data points we can use to gain an edge are support and resistance levels. These are two of the best tools we have when it comes to swing trading. Why? Because they give us strong data points that suggest where an instrument is likely (and unlikely) to go.
But this is really key: Arbitrarily cataloging each price level that appears to be relevant as a support or resistance level isn’t going to get you far. That’s why Aspen Trading takes a unique approach to support and resistance levels.
With Aspen’s Support & Resistance Levels, we measure where trades (prices) occur in terms of frequency. This gives us a sense of where market participants are wagering prices may go.
That’s about as raw and unfiltered as you can get in terms of displaying what has taken place. There’s no room for interpretation - this is raw data that can be used to get a sense of where prices may be heading.
Learning The “Four Sets” of Support and Resistance Levels
There are four sets of support and resistance levels that are part of Aspen Trading’s S/R framework.
Each set of support and resistance levels is unique to a specified period of time. We display each of them in different colors on our charts when we analyze trades to make it easy for us to understand the data as we get comfortable reading charts.
You’ll see each of these levels on display in the charts that follow below. The four sets of support and resistance levels are classified as follows:
There are four sets of support and resistance levels that are displayed by Aspen Trading’s S/R Analysis Tool. Each one is unique to a specified period of time that we then display directly on the chart. The levels are classified as follows
GREEN: displays 2 solid lines (upper/lower)
ORANGE: displays 2 lines (upper/lower)
RED: displays 2 lines (upper/lower)
PURPLE: displays 2 lines (upper/lower)
IMPORTANT:
These lines will change/adjust until the end of the specified observation period is complete.
Once the observation period is complete, that range will then be displayed on the chart as a set of dotted lines that is shaded in to serve as a reference point for traders to know the key levels from the prior lookback period. This can often be very helpful.
What’s the distinction between the 4 color levels?
Essentially think of these levels on a rising scale of importance. While GREEN levels are certainly key, they do not hold the same level of significance as the PURPLE levels.
FY Forex ScalperFy Forex Scalper Indicator:
A powerful indicator that you can use to scalp forex markets, it helps you identify the trend and direction of the market in both long term and short term time frames. The Arrows give you entry points. Read the detailed explanation below and if you have any questions feel free to message.
How does it work:
Fy Forex Scalper has two main aspects one is candles and the other is band both are color coded and works independently. As we all know, markets are not always trending and often move in a tight range. The Fy Forex Scalper indicator assists you in identifying trading opportunities by displaying trading zones and non-trading zones by painting the candles in three different colors: red, yellow, and green. When the candles are red, the script is in the selling zone, when the candles are green, the script is in the buying zone, and when the candles are yellow, the script is non trading zone. The band mainly works as support and resistance and gives you overall trend direction, If the band is red the trend direction is down and if band is in green the trend is up. So both candles and band give you the trend direction how to enter the trade explained below.
How to enter the trade:
Long Entry: Enter the trade when you get the up arrow near the band and make sure the band color is green. When you get the up arrow and band is red you can consider it as false signal.
Short Entry: Enter the trade when you get a down arrow near the band and make sure the band color is also red. When you get the down arrow and the band is in green color you can consider it as a false signal.
What markets it work:
Mainly use it for Forex, Crypto or scripts that move faster.
What time frame is best:
Use 5 mins when the market is moving (like Asian or London opening) use one min when the market isn’t moving.
Can we use it for Swing Trading:
Though it works , but the primary purpose of this indicator is for scalping so better use it on shorter time frames.
How to get access:
This is invite only script so to get access message me.
RedK Magic RibbonRedK Magic Ribbon is simple script that combines a fast and a slow moving averages to create a 2-Moving Average Cross-over / trend visualization tool.
We utilize the Compound Ratio Weighted Average (CoRa Wave) as the fast MA line and the RedK Slow Smooth Weighted Moving Average (RSS_WMA) aka LazyLine as the slow MA line.
i put this script together when i found that i started using these 2 moving average lines in my trading charts most of the time. thought others may find it useful.
The simple idea is that when the 2 lines "agree" on direction, then this is possibly a confirmed trend in that direction.
Visually, when the 2 lines agree on a trend direction, Magic Ribbon gives either a green (up) or red (down) fill, when they disagree, it gives a gray fill - Gray areas are considered "no trade" or "get ready" zones depending on the situation.
This ribbon can be used to support trend-following trades, swing trading, or as a visual trend tracking tool
Suggested Usage Tips:
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* Position entry should be made as close to the RSS_WMA/LazyLine as possible to maximize gain.
* The RSS_WMA can act as a guide for Stop Loss
* An aggressive (or swing) trader may consider entries as soon as the CoRa Wave line changes color, but in context of the prevailing trend.
* if you intend to use this tool for trading, please test it using the PaperTrading or Rewind features of TV to get used to how it behaves and adjust accordingly.
* The Magic Ribbon should work on any timeframe.
* The basic settings are available - they enable adjusting the length and smoothness of the CoRa Wave and the Smoothness of the RSS_WMA - as well as the source price for each. Style settings enable to adjust color, line width, or hide/show various elements as needed.
* The most important tip for using the Magic Ribbon: when you first add it to your chart, is to fine-tune the length settings to your preference. start by adjusting the LazyLine (RSS_WMA) Smoothness value, so it tracks and barely touches the highs / lows of price bars - with the least amount of lag possible - then adjust the CoRa Wave length to make it as responsive as you need. Keep smoothness to the lowest you can use (i like 3 or 4 max) - the default settings are generic usable values based on my testing.
* as usual, please use this tool only as a guide - make your own detailed chart analysis and support your trading decision with signals and confirmations from other indicators .
*** This script does not repaint.
CCT ScalperThis indicator composes of 4 scalping lines, which works great for scalping, short-term day trading and swing trading.
What it does.
This is a simple scalping strategy based on rejection. Buy and Sell scalp entries are given when the market rejects off the CCT Scalper indicator.
Consolidation signals are also present when there is no trend.
How it does it.
These Scalper lines have been adjusted to work best with the CCT Entry Bar indicator.
It calculates rejection and entries after our Entry Bar confirms the current trend.
How to use it.
It is extremely important to use the CCT Scalper indicator together with the CCT Entry Bar Indicator.
The CCT Scalper entry strategy is applied when buy and sell rejection signals are present.
Only Buy scalps when the CCT Entry Bar shows bullish momentum.
Only Sell scalps when the CCT Entry Bar shows bearish momentum.
To access this indicator use the link below.
RaBot V1.0.0Rabot is an indicator for new users as well as experienced users.
This indicator tries to predict both buy and sell signals. You can configure it for both scalping and swing trading.
It has two modes, one more "conservative", where the number of entries will be less than the other "greedy" mode.
Based on the famous and complex indicator "Koncorde" that combines both trend and volume knowing the manipulation of strong and weak hands, patterns, and crossing of emas customized by us; for example: a buy signal in conservative mode will only open if the trend is bullish and vice versa.
The user can configure the way they like by opening many positions or few but more secure based on their trading style.
The indicator also has the option to configure which chart we want to obtain the trend from, this is to avoid perhaps opening shorts in a very bullish trend line for example.
Rabot is a fairly complex indicator, which can be used for automatic use of inputs and outputs, as well as manual.
You also have the option of NOT opening a position if there is one currently open, and the option for the next signal to be the opposite of the last one.
5TPs, 1SL, and Breakeven after take profit achieved.
Finally version 1.0.0 is now available! :)
This version does not have backtesting (we have another that yes)
We are continuously working, testing and updating bugs and improvements.
Do not hesitate to get in touch for a feedback, it will be welcome and we will take it into account.
RaBot V1.0.0 - BacktestingRabot is an indicator for new users as well as experienced users.
This indicator tries to predict both buy and sell signals. You can configure it for both scalping and swing trading.
It has two modes, one more "conservative", where the number of entries will be less than the other "greedy" mode.
Based on the famous and complex indicator "Koncorde" that combines both trend and volume knowing the manipulation of strong and weak hands, patterns, and crossing of emas customized by us; for example: a buy signal in conservative mode will only open if the trend is bullish and vice versa.
The user can configure the way they like by opening many positions or few but more secure based on their trading style.
The indicator also has the option to configure which chart we want to obtain the trend from, this is to avoid perhaps opening shorts in a very bullish trend line for example.
Rabot is a fairly complex indicator, which can be used for automatic use of inputs and outputs, as well as manual.
You also have the option of NOT opening a position if there is one currently open, and the option for the next signal to be the opposite of the last one.
5TPs, 1SL, and Breakeven after take profit achieved.
Finally version 1.0.0 is now available! :)
This version contains backtesting with 5000 backbars to see if it is being profitable or not.
We are continuously working, testing and updating bugs and improvements.
Do not hesitate to get in touch for a feedback, it will be welcome and we will take it into account.
Angel Algo PremiumAngel Algo provides a set of tools, combined into one solution. Each tool complements each other and is made to uniquely support your trading decisions for your daily trading tasks. You can immerse yourself into our customizable tools to create your own strategies using them.
With Angel Algo you can:
* Find trend direction using three different algorithms designed for trend following, swing and intraday traders.
* Determine market sentiment, overall trends and volume with our full custom dashboard.
* Get real-time support and resistance levels plotted automatically
* Get trend confirmation using one of the two custom candle coloring algorithms
Trading signals
We have 3 different algorithms for entry signals you can choose from
Regular Buy And Sell Signals
Our regular Buy And Sell Signals are finding optimal times to enter for any security. This algorithm uses our original trend filter based on market volatility that adapts to different assets and market conditions.
We give traders the ability to adjust the sensitivity and aggression of these signals to market price changes, as well as the option to make them less sensitive to ranging markets so you can adjust to any market.
We added Auto Best Settings toggle to automatically optimize the settings for you if you'd like.
By adjusting the sensitivity and aggression parameters you can adopt the signal algorithm to different trading styles. For trend following which tries to capitalize on longer trends you should make the signals to be less frequent by adjusting this parameters. The settings that lead to more frequent signals suit to swing trading style.
Strong Signals Algorithm
The Strong Signals use an algorithm based on trend filtering coupled with confirmation signal based on higher time frame trend direction. It finds "Strong" buy or sells that are a tad different from the regular buy & sell signals you will see, a lot of the time they land on top of each other which can be used as an extra confirmation tool. Traders can also use this as a stand alone on higher timeframes.
Angel Intraday algorithm
We constantly try to push Pine script to its limits developing new features. Angel Intraday is our machine learning algorithm in beta that scans for intraday contrarian signals.
To find entry points it forecasts price range for a trading session using linear regression analysis and Kalman filtering.
If an asset is trading 24 hours a day it works with 12 hour sessions, for stocks it forecasts a price range for 7 hour trading sessions which represent the full trading day.
You can use this algorithm to get intraday trading signals for any asset. One of the advantages of this algorithm is that it gives identical signals for all intraday timeframes. The optimal time frames to view the signals and to enter positions are any.
What is the information in our Dashboard?
We offer real-time dashboard showing useful information to analyze market conditions:
- Angel Algo Trend Detection
- Directional Movement
- Angel Cloud for moving average detection
- Relative Volume
- Overall Market Sentiment
All of this information is aimed to help traders understand when the market regime is changing. The first three features help you to judge about trend strength. Relative volume shows current activity of market participants. Overall market sentiment reflects the actual bias for market direction.
Trend weakness, low market activity and neutral sentiment are the signs that can help you in early detecting of ranging market and avoid false trend signals or switch to contrarian mode.
The tools provided by Angel Algo are designed to help you perform rational actions based on the market data in a systematic way and to reduce emotional factor in your trading.
Using this script, please, keep in mind that that past performance does not necessarily represent future results and that there are trading.
The Manager The Manger is a simple and repeatable trade management indicator suite for all instruments and for all timeframes.
The strategy that makes up this trade management tool includes:
1. Average volume calculations with auto lookbacks - Each candle then is identified as being above or below average volume with Dots above or below each candle.
2. Volume Distribution or Accumulation candles - Identifies if the candle has higher or lower volume compared to previous candle
a. If Higher volume and is a Down candle it is a distribution candle and is coloured Red.
b. If Higher volume and is an Up candles it is an accumulation candle and is coloured Green.
3. Adjustable BIAS cloud with four settings for Day Trading and Swing Trading. Red is Bearish BIAS with Price action and Green is a Bullish BIAS with Price Action.
Some of the simple rules to follow when using "The Manager" to help manage your trades Long or Short. (More is covered in our tutorial video)
1. When Short Trading and you get a Green Accumulation Candle with a Cyan Dot Above candle (Higher than Average Volume) printed. This is a sign of a potential reversal against your short trade and an aggressive profit taking exit is necessary.
2. When Long Trading and you get a Red Distribution Candle with a Cyan Dot Above candle (Higher than Average Volume) printed. This is a sign of a potential reversal against your long trade and an aggressive profit taking exit is necessary.
3. Pullbacks against the direction of your trade with Blue Dots Below Candles (Lower than average volume) show low momentum pullbacks and a sign to stay in your trade or revert to BIAS Cloud rules.
4. BIAS Cloud - When Green Changes to Red, this is your conservative exit for Long Trades. - When Red changes to Green, this is your conservative exit for short trade.
5. BIAS Cloud - When day trading and your position has a parabolic move - change settings to day trading aggressive
6. BIAS Cloud - When Swing trading and your position has a parabolic move - change settings to day trading conservative or moderate depending on how much room you want to give for a pullback against the direction of your swing trade.
Remember when day trading or swing trading, there is usually a data or news catalyst that reverses the direction of an instrument and potentially a trade that you are in. "The Manager" soon spots those with either accumulation or distribution candles combining with higher than average volume. And usually with a distinct candle stick formation rejecting highs or lows. The ability for you to visually see this on your chart with our indicator gives you chance to maximise your profits by understanding the behaviour represented by the coloured candles and the dots above or below the candles. The BIAS cloud allows for a more conservative approach to this as discussed above
