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[blackcat] L3 Xerxes ChannelsLevel 3 Background The stock price channel theory is a widely used and mature theory in western securities analysis. In the 1970s, American Xerxes first established this theory. Function In fact, it is contained by the short-term small channel and runs up and down in the long-term large channel. The basic trading strategy is that when the short-term small channel approaches the long-term large channel, it indicates a recent reversal of the trend. The trend reverses downwards as the upper edge approaches, capturing short-term selling points. The trend reverses upward as the lower edge approaches, capturing short-term buying points. Studying this method can successfully escape from the top and catch the bottom in every wave of the market and seek the maximum profit. The long-term major channel reflects the long-term trend state of the stock, the trend has a certain inertia, and the extension time is long, reflecting the large cycle of the stock, which can grasp the overall trend of the stock, and is suitable for medium and long-term investment; The short-term small channel reflects the short-term trend status of the stock, accommodates the ups and downs of the stock, effectively filters out the frequent vibrations in the stock trend, but retains the up and down fluctuations of the stock price in the large channel, reflecting the small cycle of the stock, suitable for medium short-term speculation; The long-term large channel is upward, that is, the general trend is upward. At this time, when the short-term small channel touches or is close to the bottom of the long-term large channel, it indicates that the stock price is oversold and there is a possibility of a rebound. The short-term small channel has touched the top of the long-term large channel, indicating that the stock price has been overbought, and there will be a correction or consolidation in the form, and there is a trend of approaching the long-term large channel. It is more effective if the K-line trend and the short-term small channel trend also match well; The long-term big channel goes up, and the short-term small channel touches the top of the long-term big channel. At this time, the stock is in the stage of strong elongation. It can be appropriate to wait and see. When it turns flat in the short-term or turns its head down, it is a good delivery point, but it will penetrate If the area is a risk area, you should pay close attention to the reversal signal and ship at any time; The long-term large channel is downward, that is, the general trend is downward. At this time, the short-term small channel or the stock price peaks and the selling pressure increases, and there is a downward trend again. The bottoming pattern means that the buying pressure is increasing, and there is a requirement for slow decline adjustment or stop decline, and the price movement will tend to be close to the upper edge of the long-term large channel. Callbacks should be treated with caution, and buy only after confirming the reversal signal; The long-term large channel is down, while the short-term small channel penetrates the bottom line of the long-term large channel downward. At this time, it is mostly a slump process, and there is a rebound requirement, but the decline process will continue. It is not appropriate to open a position immediately. There is an upward trend, and when the short-term small channel turns back up and crosses back, it is a better opportunity to open a position at a low level; When the long-term large channel is flat horizontally for a long time, it is to consolidate the market, and the price fluctuates up and down along the channel. At this time, it is the stage of adjustment, opening and washing, indicating the emergence of the next round of market. Short-term speculators can sell on highs and buy on lows. If the short-term small channel strongly crosses the long-term large channel, and the long-term large channel turns upward, it indicates that a strong upward trend has begun. If the short-term small channel penetrates down the long-term large channel, and the long-term large channel turns downward, it indicates that the decline will continue. In a large balanced market, buy when the stock price hits the lower rail of the large channel at the bottom of the swing, and sell when the stock price hits the upper rail of the large channel at the peak of the swing. Remarks Feedbacks are appreciated.
Indicatore Pine Script®
di blackcat1402
2
Moving Average Filters Add-on w/ Expanded Source Types [Loxx]Moving Average Filters Add-on w/ Expanded Source Types is a conglomeration of specialized and traditional moving averages that will be used in most of indicators that I publish moving forward. There are 39 moving averages included in this indicator as well as expanded source types including traditional Heiken Ashi and Better Heiken Ashi candles. You can read about the expanded source types clicking here . About half of these moving averages are closed source on other trading platforms. This indicator serves as a reference point for future public/private, open/closed source indicators that I publish to TradingView. Information about these moving averages was gleaned from various forex and trading forums and platforms as well as TASC publications and other assorted research publications. ________________________________________________________________ Included moving averages ADXvma - Average Directional Volatility Moving Average Linnsoft's ADXvma formula is a volatility-based moving average, with the volatility being determined by the value of the ADX indicator. The ADXvma has the SMA in Chande's CMO replaced with an EMA, it then uses a few more layers of EMA smoothing before the "Volatility Index" is calculated. A side effect is, those additional layers slow down the ADXvma when you compare it to Chande's Variable Index Dynamic Average VIDYA. The ADXVMA provides support during uptrends and resistance during downtrends and will stay flat for longer, but will create some of the most accurate market signals when it decides to move. Ahrens Moving Average Richard D. Ahrens's Moving Average promises "Smoother Data" that isn't influenced by the occasional price spike. It works by using the Open and the Close in his formula so that the only time the Ahrens Moving Average will change is when the candlestick is either making new highs or new lows. Alexander Moving Average - ALXMA This Moving Average uses an elaborate smoothing formula and utilizes a 7 period Moving Average. It corresponds to fitting a second-order polynomial to seven consecutive observations. This moving average is rarely used in trading but is interesting as this Moving Average has been applied to diffusion indexes that tend to be very volatile. Double Exponential Moving Average - DEMA The Double Exponential Moving Average (DEMA) combines a smoothed EMA and a single EMA to provide a low-lag indicator. It's primary purpose is to reduce the amount of "lagging entry" opportunities, and like all Moving Averages, the DEMA confirms uptrends whenever price crosses on top of it and closes above it, and confirms downtrends when the price crosses under it and closes below it - but with significantly less lag. Double Smoothed Exponential Moving Average - DSEMA The Double Smoothed Exponential Moving Average is a lot less laggy compared to a traditional EMA. It's also considered a leading indicator compared to the EMA, and is best utilized whenever smoothness and speed of reaction to market changes are required. Exponential Moving Average - EMA The EMA places more significance on recent data points and moves closer to price than the SMA (Simple Moving Average). It reacts faster to volatility due to its emphasis on recent data and is known for its ability to give greater weight to recent and more relevant data. The EMA is therefore seen as an enhancement over the SMA. Fast Exponential Moving Average - FEMA An Exponential Moving Average with a short look-back period. Fractal Adaptive Moving Average - FRAMA The Fractal Adaptive Moving Average by John Ehlers is an intelligent adaptive Moving Average which takes the importance of price changes into account and follows price closely enough to display significant moves whilst remaining flat if price ranges. The FRAMA does this by dynamically adjusting the look-back period based on the market's fractal geometry. Hull Moving Average - HMA Alan Hull's HMA makes use of weighted moving averages to prioritize recent values and greatly reduce lag whilst maintaining the smoothness of a traditional Moving Average. For this reason, it's seen as a well-suited Moving Average for identifying entry points. IE/2 - Early T3 by Tim Tilson The IE/2 is a Moving Average that uses Linear Regression slope in its calculation to help with smoothing. It's a worthy Moving Average on it's own, even though it is the precursor and very early version of the famous "T3 Indicator". Integral of Linear Regression Slope - ILRS A Moving Average where the slope of a linear regression line is simply integrated as it is fitted in a moving window of length N (natural numbers in maths) across the data. The derivative of ILRS is the linear regression slope. ILRS is not the same as a SMA (Simple Moving Average) of length N, which is actually the midpoint of the linear regression line as it moves across the data. Instantaneous Trendline The Instantaneous Trendline is created by removing the dominant cycle component from the price information which makes this Moving Average suitable for medium to long-term trading. Laguerre Filter The Laguerre Filter is a smoothing filter which is based on Laguerre polynomials. The filter requires the current price, three prior prices, a user defined factor called Alpha to fill its calculation. Adjusting the Alpha coefficient is used to increase or decrease its lag and it's smoothness. Leader Exponential Moving Average The Leader EMA was created by Giorgos E. Siligardos who created a Moving Average which was able to eliminate lag altogether whilst maintaining some smoothness. It was first described during his research paper "MACD Leader" where he applied this to the MACD to improve its signals and remove its lagging issue. This filter uses his leading MACD's "modified EMA" and can be used as a zero lag filter. Linear Regression Value - LSMA (Least Squares Moving Average) LSMA as a Moving Average is based on plotting the end point of the linear regression line. It compares the current value to the prior value and a determination is made of a possible trend, eg. the linear regression line is pointing up or down. Linear Weighted Moving Average - LWMA LWMA reacts to price quicker than the SMA and EMA. Although it's similar to the Simple Moving Average, the difference is that a weight coefficient is multiplied to the price which means the most recent price has the highest weighting, and each prior price has progressively less weight. The weights drop in a linear fashion. McGinley Dynamic John McGinley created this Moving Average to track price better than traditional Moving Averages. It does this by incorporating an automatic adjustment factor into its formula, which speeds (or slows) the indicator in trending, or ranging, markets. McNicholl EMA Dennis McNicholl developed this Moving Average to use as his center line for his "Better Bollinger Bands" indicator and was successful because it responded better to volatility changes over the standard SMA and managed to avoid common whipsaws. Non lag moving average The Non Lag Moving average follows price closely and gives very quick signals as well as early signals of price change. As a standalone Moving Average, it should not be used on its own, but as an additional confluence tool for early signals. Parabolic Weighted Moving Average The Parabolic Weighted Moving Average is a variation of the Linear Weighted Moving Average. The Linear Weighted Moving Average calculates the average by assigning different weight to each element in its calculation. The Parabolic Weighted Moving Average is a variation that allows weights to be changed to form a parabolic curve. It is done simply by using the Power parameter of this indicator. Recursive Moving Trendline Dennis Meyers's Recursive Moving Trendline uses a recursive (repeated application of a rule) polynomial fit, a technique that uses a small number of past values estimations of price and today's price to predict tomorrows price. Simple Moving Average - SMA The SMA calculates the average of a range of prices by adding recent prices and then dividing that figure by the number of time periods in the calculation average. It is the most basic Moving Average which is seen as a reliable tool for starting off with Moving Average studies. As reliable as it may be, the basic moving average will work better when it's enhanced into an EMA. Sine Weighted Moving Average The Sine Weighted Moving Average assigns the most weight at the middle of the data set. It does this by weighting from the first half of a Sine Wave Cycle and the most weighting is given to the data in the middle of that data set. The Sine WMA closely resembles the TMA (Triangular Moving Average). Smoothed Moving Average - SMMA The Smoothed Moving Average is similar to the Simple Moving Average (SMA), but aims to reduce noise rather than reduce lag. SMMA takes all prices into account and uses a long lookback period. Due to this, it's seen a an accurate yet laggy Moving Average. Smoother The Smoother filter is a faster-reacting smoothing technique which generates considerably less lag than the SMMA (Smoothed Moving Average). It gives earlier signals but can also create false signals due to its earlier reactions. This filter is sometimes wrongly mistaken for the superior Jurik Smoothing algorithm. Super Smoother The Super Smoother filter uses John Ehlers’s “Super Smoother” which consists of a a Two pole Butterworth filter combined with a 2-bar SMA (Simple Moving Average) that suppresses the 22050 Hz Nyquist frequency: A characteristic of a sampler, which converts a continuous function or signal into a discrete sequence. Three pole Ehlers Butterworth The 3 pole Ehlers Butterworth (as well as the Two pole Butterworth) are both superior alternatives to the EMA and SMA. They aim at producing less lag whilst maintaining accuracy. The 2 pole filter will give you a better approximation for price, whereas the 3 pole filter has superior smoothing. Three pole Ehlers smoother The 3 pole Ehlers smoother works almost as close to price as the above mentioned 3 Pole Ehlers Butterworth. It acts as a strong baseline for signals but removes some noise. Side by side, it hardly differs from the Three Pole Ehlers Butterworth but when examined closely, it has better overshoot reduction compared to the 3 pole Ehlers Butterworth. Triangular Moving Average - TMA The TMA is similar to the EMA but uses a different weighting scheme. Exponential and weighted Moving Averages will assign weight to the most recent price data. Simple moving averages will assign the weight equally across all the price data. With a TMA (Triangular Moving Average), it is double smoother (averaged twice) so the majority of the weight is assigned to the middle portion of the data. The TMA and Sine Weighted Moving Average Filter are almost identical at times. Triple Exponential Moving Average - TEMA The TEMA uses multiple EMA calculations as well as subtracting lag to create a tool which can be used for scalping pullbacks. As it follows price closely, it's signals are considered very noisy and should only be used in extremely fast-paced trading conditions. Two pole Ehlers Butterworth The 2 pole Ehlers Butterworth (as well as the three pole Butterworth mentioned above) is another filter that cuts out the noise and follows the price closely. The 2 pole is seen as a faster, leading filter over the 3 pole and follows price a bit more closely. Analysts will utilize both a 2 pole and a 3 pole Butterworth on the same chart using the same period, but having both on chart allows its crosses to be traded. Two pole Ehlers smoother A smoother version of the Two pole Ehlers Butterworth. This filter is the faster version out of the 3 pole Ehlers Butterworth. It does a decent job at cutting out market noise whilst emphasizing a closer following to price over the 3 pole Ehlers. Volume Weighted EMA - VEMA Utilizing tick volume in MT4 (or real volume in MT5), this EMA will use the Volume reading in its decision to plot its moves. The more Volume it detects on a move, the more authority (confirmation) it has. And this EMA uses those Volume readings to plot its movements. Studies show that tick volume and real volume have a very strong correlation, so using this filter in MT4 or MT5 produces very similar results and readings. Zero Lag DEMA - Zero Lag Double Exponential Moving Average John Ehlers's Zero Lag DEMA's aim is to eliminate the inherent lag associated with all trend following indicators which average a price over time. Because this is a Double Exponential Moving Average with Zero Lag, it has a tendency to overshoot and create a lot of false signals for swing trading. It can however be used for quick scalping or as a secondary indicator for confluence. Zero Lag Moving Average The Zero Lag Moving Average is described by its creator, John Ehlers, as a Moving Average with absolutely no delay. And it's for this reason that this filter will cause a lot of abrupt signals which will not be ideal for medium to long-term traders. This filter is designed to follow price as close as possible whilst de-lagging data instead of basing it on regular data. The way this is done is by attempting to remove the cumulative effect of the Moving Average. Zero Lag TEMA - Zero Lag Triple Exponential Moving Average Just like the Zero Lag DEMA, this filter will give you the fastest signals out of all the Zero Lag Moving Averages. This is useful for scalping but dangerous for medium to long-term traders, especially during market Volatility and news events. Having no lag, this filter also has no smoothing in its signals and can cause some very bizarre behavior when applied to certain indicators. ________________________________________________________________ What are Heiken Ashi "better" candles? The "better formula" was proposed in an article/memo by BNP-Paribas (In Warrants & Zertifikate, No. 8, August 2004 (a monthly German magazine published by BNP Paribas, Frankfurt), there is an article by Sebastian Schmidt about further development (smoothing) of Heikin-Ashi chart.) They proposed to use the following: (Open+Close)/2+(((Close-Open)/( High-Low ))*ABS((Close-Open)/2)) instead of using : haClose = (O+H+L+C)/4 According to that document the HA representation using their proposed formula is better than the traditional formula. What are traditional Heiken-Ashi candles? The Heikin-Ashi technique averages price data to create a Japanese candlestick chart that filters out market noise. Heikin-Ashi charts, developed by Munehisa Homma in the 1700s, share some characteristics with standard candlestick charts but differ based on the values used to create each candle. Instead of using the open, high, low, and close like standard candlestick charts, the Heikin-Ashi technique uses a modified formula based on two-period averages. This gives the chart a smoother appearance, making it easier to spots trends and reversals, but also obscures gaps and some price data. Expanded generic source types: Close = close Open = open High = high Low = low Median = hl2 Typical = hlc3 Weighted = hlcc4 Average = ohlc4 Average Median Body = (open+close)/2 Trend Biased = (see code, too complex to explain here) Trend Biased (extreme) = (see code, too complex to explain here) Included: -Toggle bar color on/off -Toggle signal line on/off
Indicatore Pine Script®
di loxx
7
STD Adaptive ADXm w/ Floating Levels [Loxx]STD Adaptive ADXm w/ Floating Levels is a standard deviation adaptive ADX indicator with adaptive floating boundary levels What is the ADX? Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator. After all, the trend may be your friend, but it sure helps to know who your friends are. In this article, we'll examine the value of ADX as a trend strength indicator. What is the ADXm? Unlike the traditional ADX indicator, where the ADX itself is plotted in absolute units and detection of the trend direction is hindered, this indicator clearly displays the positive and negative ADX half-waves (displayed as colored on the chart). Included: -Toggle on/off bar coloring -Toggle on/off fill coloring
Indicatore Pine Script®
di loxx
2
Adaptivity: Measures of Dominant Cycles and Price Trend [Loxx]Adaptivity: Measures of Dominant Cycles and Price Trend is an indicator that outputs adaptive lengths using various methods for dominant cycle and price trend timeframe adaptivity. While the information output from this indicator might be useful for the average trader in one off circumstances, this indicator is really meant for those need a quick comparison of dynamic length outputs who wish to fine turn algorithms and/or create adaptive indicators. This indicator compares adaptive output lengths of all publicly known adaptive measures. Additional adaptive measures will be added as they are discovered and made public. The first released of this indicator includes 6 measures. An additional three measures will be added with updates. Please check back regularly for new measures. Ehers: Autocorrelation Periodogram Band-pass Instantaneous Cycle Hilbert Transformer Dual Differentiator Phase Accumulation (future release) Homodyne (future release) Jurik: Composite Fractal Behavior (CFB) Adam White: Veritical Horizontal Filter (VHF) (future release) What is an adaptive cycle, and what is Ehlers Autocorrelation Periodogram Algorithm? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 135: "Adaptive filters can have several different meanings. For example, Perry Kaufman's adaptive moving average (KAMA) and Tushar Chande's variable index dynamic average (VIDYA) adapt to changes in volatility . By definition, these filters are reactive to price changes, and therefore they close the barn door after the horse is gone.The adaptive filters discussed in this chapter are the familiar Stochastic , relative strength index (RSI), commodity channel index (CCI), and band-pass filter.The key parameter in each case is the look-back period used to calculate the indicator. This look-back period is commonly a fixed value. However, since the measured cycle period is changing, it makes sense to adapt these indicators to the measured cycle period. When tradable market cycles are observed, they tend to persist for a short while.Therefore, by tuning the indicators to the measure cycle period they are optimized for current conditions and can even have predictive characteristics. The dominant cycle period is measured using the Autocorrelation Periodogram Algorithm. That dominant cycle dynamically sets the look-back period for the indicators. I employ my own streamlined computation for the indicators that provide smoother and easier to interpret outputs than traditional methods. Further, the indicator codes have been modified to remove the effects of spectral dilation.This basically creates a whole new set of indicators for your trading arsenal." What is this Hilbert Transformer? An analytic signal allows for time-variable parameters and is a generalization of the phasor concept, which is restricted to time-invariant amplitude, phase, and frequency. The analytic representation of a real-valued function or signal facilitates many mathematical manipulations of the signal. For example, computing the phase of a signal or the power in the wave is much simpler using analytic signals. The Hilbert transformer is the technique to create an analytic signal from a real one. The conventional Hilbert transformer is theoretically an infinite-length FIR filter. Even when the filter length is truncated to a useful but finite length, the induced lag is far too large to make the transformer useful for trading. From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, pages 186-187: "I want to emphasize that the only reason for including this section is for completeness. Unless you are interested in research, I suggest you skip this section entirely. To further emphasize my point, do not use the code for trading. A vastly superior approach to compute the dominant cycle in the price data is the autocorrelation periodogram. The code is included because the reader may be able to capitalize on the algorithms in a way that I do not see. All the algorithms encapsulated in the code operate reasonably well on theoretical waveforms that have no noise component. My conjecture at this time is that the sample-to-sample noise simply swamps the computation of the rate change of phase, and therefore the resulting calculations to find the dominant cycle are basically worthless.The imaginary component of the Hilbert transformer cannot be smoothed as was done in the Hilbert transformer indicator because the smoothing destroys the orthogonality of the imaginary component." What is the Dual Differentiator, a subset of Hilbert Transformer? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 187: "The first algorithm to compute the dominant cycle is called the dual differentiator. In this case, the phase angle is computed from the analytic signal as the arctangent of the ratio of the imaginary component to the real component. Further, the angular frequency is defined as the rate change of phase. We can use these facts to derive the cycle period." What is the Phase Accumulation, a subset of Hilbert Transformer? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 189: "The next algorithm to compute the dominant cycle is the phase accumulation method. The phase accumulation method of computing the dominant cycle is perhaps the easiest to comprehend. In this technique, we measure the phase at each sample by taking the arctangent of the ratio of the quadrature component to the in-phase component. A delta phase is generated by taking the difference of the phase between successive samples. At each sample we can then look backwards, adding up the delta phases.When the sum of the delta phases reaches 360 degrees, we must have passed through one full cycle, on average.The process is repeated for each new sample. The phase accumulation method of cycle measurement always uses one full cycle's worth of historical data.This is both an advantage and a disadvantage.The advantage is the lag in obtaining the answer scales directly with the cycle period.That is, the measurement of a short cycle period has less lag than the measurement of a longer cycle period. However, the number of samples used in making the measurement means the averaging period is variable with cycle period. longer averaging reduces the noise level compared to the signal.Therefore, shorter cycle periods necessarily have a higher out- put signal-to-noise ratio." What is the Homodyne, a subset of Hilbert Transformer? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 192: "The third algorithm for computing the dominant cycle is the homodyne approach. Homodyne means the signal is multiplied by itself. More precisely, we want to multiply the signal of the current bar with the complex value of the signal one bar ago. The complex conjugate is, by definition, a complex number whose sign of the imaginary component has been reversed." What is the Instantaneous Cycle? The Instantaneous Cycle Period Measurement was authored by John Ehlers; it is built upon his Hilbert Transform Indicator. From his Ehlers' book Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading by John F. Ehlers, 2004, page 107: "It is obvious that cycles exist in the market. They can be found on any chart by the most casual observer. What is not so clear is how to identify those cycles in real time and how to take advantage of their existence. When Welles Wilder first introduced the relative strength index (rsi), I was curious as to why he selected 14 bars as the basis of his calculations. I reasoned that if i knew the correct market conditions, then i could make indicators such as the rsi adaptive to those conditions. Cycles were the answer. I knew cycles could be measured. Once i had the cyclic measurement, a host of automatically adaptive indicators could follow. Measurement of market cycles is not easy. The signal-to-noise ratio is often very low, making measurement difficult even using a good measurement technique. Additionally, the measurements theoretically involve simultaneously solving a triple infinity of parameter values. The parameters required for the general solutions were frequency, amplitude, and phase. Some standard engineering tools, like fast fourier transforms (ffs), are simply not appropriate for measuring market cycles because ffts cannot simultaneously meet the stationarity constraints and produce results with reasonable resolution. Therefore i introduced maximum entropy spectral analysis (mesa) for the measurement of market cycles. This approach, originally developed to interpret seismographic information for oil exploration, produces high-resolution outputs with an exceptionally short amount of information. A short data length improves the probability of having nearly stationary data. Stationary data means that frequency and amplitude are constant over the length of the data. I noticed over the years that the cycles were ephemeral. Their periods would be continuously increasing and decreasing. Their amplitudes also were changing, giving variable signal-to-noise ratio conditions. Although all this is going on with the cyclic components, the enduring characteristic is that generally only one tradable cycle at a time is present for the data set being used. I prefer the term dominant cycle to denote that one component. The assumption that there is only one cycle in the data collapses the difficulty of the measurement process dramatically." What is the Band-pass Cycle? From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 47: "Perhaps the least appreciated and most underutilized filter in technical analysis is the band-pass filter. The band-pass filter simultaneously diminishes the amplitude at low frequencies, qualifying it as a detrender, and diminishes the amplitude at high frequencies, qualifying it as a data smoother. It passes only those frequency components from input to output in which the trader is interested. The filtering produced by a band-pass filter is superior because the rejection in the stop bands is related to its bandwidth. The degree of rejection of undesired frequency components is called selectivity. The band-stop filter is the dual of the band-pass filter. It rejects a band of frequency components as a notch at the output and passes all other frequency components virtually unattenuated. Since the bandwidth of the deep rejection in the notch is relatively narrow and since the spectrum of market cycles is relatively broad due to systemic noise, the band-stop filter has little application in trading." From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 59: "The band-pass filter can be used as a relatively simple measurement of the dominant cycle. A cycle is complete when the waveform crosses zero two times from the last zero crossing. Therefore, each successive zero crossing of the indicator marks a half cycle period. We can establish the dominant cycle period as twice the spacing between successive zero crossings." What is Composite Fractal Behavior (CFB)? All around you mechanisms adjust themselves to their environment. From simple thermostats that react to air temperature to computer chips in modern cars that respond to changes in engine temperature, r.p.m.'s, torque, and throttle position. It was only a matter of time before fast desktop computers applied the mathematics of self-adjustment to systems that trade the financial markets. Unlike basic systems with fixed formulas, an adaptive system adjusts its own equations. For example, start with a basic channel breakout system that uses the highest closing price of the last N bars as a threshold for detecting breakouts on the up side. An adaptive and improved version of this system would adjust N according to market conditions, such as momentum, price volatility or acceleration. Since many systems are based directly or indirectly on cycles, another useful measure of market condition is the periodic length of a price chart's dominant cycle, (DC), that cycle with the greatest influence on price action. The utility of this new DC measure was noted by author Murray Ruggiero in the January '96 issue of Futures Magazine. In it. Mr. Ruggiero used it to adaptive adjust the value of N in a channel breakout system. He then simulated trading 15 years of D-Mark futures in order to compare its performance to a similar system that had a fixed optimal value of N. The adaptive version produced 20% more profit! This DC index utilized the popular MESA algorithm (a formulation by John Ehlers adapted from Burg's maximum entropy algorithm, MEM). Unfortunately, the DC approach is problematic when the market has no real dominant cycle momentum, because the mathematics will produce a value whether or not one actually exists! Therefore, we developed a proprietary indicator that does not presuppose the presence of market cycles. It's called CFB (Composite Fractal Behavior) and it works well whether or not the market is cyclic. CFB examines price action for a particular fractal pattern, categorizes them by size, and then outputs a composite fractal size index. This index is smooth, timely and accurate Essentially, CFB reveals the length of the market's trending action time frame. Long trending activity produces a large CFB index and short choppy action produces a small index value. Investors have found many applications for CFB which involve scaling other existing technical indicators adaptively, on a bar-to-bar basis. What is VHF Adaptive Cycle? Vertical Horizontal Filter (VHF) was created by Adam White to identify trending and ranging markets. VHF measures the level of trend activity, similar to ADX DI. Vertical Horizontal Filter does not, itself, generate trading signals, but determines whether signals are taken from trend or momentum indicators. Using this trend information, one is then able to derive an average cycle length.
Indicatore Pine Script®
di loxx
8
Jurik Composite Fractal Behavior (CFB) on EMA [Loxx]Jurik Composite Fractal Behavior (CFB) on EMA is an exponential moving average with adaptive price trend duration inputs. This purpose of this indicator is to introduce the formulas for the calculation Composite Fractal Behavior. As you can see from the chart above, price reacts wildly to shifts in volatility--smoothing out substantially while riding a volatility wave and cutting sharp corners when volatility drops. Notice the chop zone on BTC around August 2021, this was a time of extremely low relative volatility. This indicator uses three previous indicators from my public scripts. These are: JCFBaux Volatility Jurik Filter Jurik Volty The CFB is also related to the following indicator Jurik Velocity ("smoother moment") Now let's dive in... What is Composite Fractal Behavior (CFB)? All around you mechanisms adjust themselves to their environment. From simple thermostats that react to air temperature to computer chips in modern cars that respond to changes in engine temperature, r.p.m.'s, torque, and throttle position. It was only a matter of time before fast desktop computers applied the mathematics of self-adjustment to systems that trade the financial markets. Unlike basic systems with fixed formulas, an adaptive system adjusts its own equations. For example, start with a basic channel breakout system that uses the highest closing price of the last N bars as a threshold for detecting breakouts on the up side. An adaptive and improved version of this system would adjust N according to market conditions, such as momentum, price volatility or acceleration. Since many systems are based directly or indirectly on cycles, another useful measure of market condition is the periodic length of a price chart's dominant cycle, (DC), that cycle with the greatest influence on price action. The utility of this new DC measure was noted by author Murray Ruggiero in the January '96 issue of Futures Magazine. In it. Mr. Ruggiero used it to adaptive adjust the value of N in a channel breakout system. He then simulated trading 15 years of D-Mark futures in order to compare its performance to a similar system that had a fixed optimal value of N. The adaptive version produced 20% more profit! This DC index utilized the popular MESA algorithm (a formulation by John Ehlers adapted from Burg's maximum entropy algorithm, MEM). Unfortunately, the DC approach is problematic when the market has no real dominant cycle momentum, because the mathematics will produce a value whether or not one actually exists! Therefore, we developed a proprietary indicator that does not presuppose the presence of market cycles. It's called CFB (Composite Fractal Behavior) and it works well whether or not the market is cyclic. CFB examines price action for a particular fractal pattern, categorizes them by size, and then outputs a composite fractal size index. This index is smooth, timely and accurate Essentially, CFB reveals the length of the market's trending action time frame. Long trending activity produces a large CFB index and short choppy action produces a small index value. Investors have found many applications for CFB which involve scaling other existing technical indicators adaptively, on a bar-to-bar basis. What is Jurik Volty used in the Juirk Filter? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive. What is the Jurik Moving Average? Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines. Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun. Modifications and improvements 1. Jurik's original calculation for CFB only allowed for depth lengths of 24, 48, 96, and 192. For theoretical purposes, this indicator allows for up to 20 different depth inputs to sample volatility. These depth lengths are 2, 3, 4, 6, 8, 12, 16, 24, 32, 48, 64, 96, 128, 192, 256, 384, 512, 768, 1024, 1536 Including these additional length inputs is arguable useless, but they are are included for completeness of the algorithm. 2. The result of the CFB calculation is forced to be an integer greater than or equal to 1. 3. The result of the CFB calculation is double filtered using an advanced, (and adaptive itself) filtering algorithm called the Jurik Filter. This filter and accompanying internal algorithm are discussed above.
Indicatore Pine Script®
di loxx
3
Fisher Transform, clone of MT4 "Fisher_no_repainting" [Loxx]The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution.1 The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. Included: - Oversold and overbought regions This is an exact clone of the "Fisher_no_repainting" MT4 indicator
Indicatore Pine Script®
di loxx
2
JMA filter 2This is based on ChuckBanger Juric indicator (a modification of it) things you need to know how to work with this one to control the wave setting you need to adjust the length , slow ,fast and c in menu for optimal result positive trend is above zero in green negative trend bellow zero red the best part herein this indicator is to finding of high and low based on lower treshold =trel higher threshold for high =treh there is signals once it crossed up or down for each time frame you need to set the threshold for optimal results as it change for each TF it will be different so be careful about it so rule of thumb is to look for the previous peaks either up or down and to set the threshold according to it it more sensitive then RSI to my opinion and very good to detect sweet spot either for sell or buy one can add alerts (not included) or modify it to make it better here on Tesla
Indicatore Pine Script®
di RafaelZioni
5
Real Woodies CCIAs always, this is not financial advice and use at your own risk. Trading is risky and can cost you significant sums of money if you are not careful. Make sure you always have a proper entry and exit plan that includes defining your risk before you enter a trade. Ken Wood is a semi-famous trader that grew in popularity in the 1990s and early 2000s due to the establishment of one of the earliest trading forums online. This forum grew into "Woodie's CCI Club" due to Wood's love of his modified Commodity Channel Index (CCI) that he used extensively. From what I can tell, the website is still active and still follows the same core principles it did in the early days, the CCI is used for entries, range bars are used to help trader's cut down on the noise, and the optional addition of Woodie's Pivot Points can be used as further confirmation of support and resistance. This is my take on his famous "Woodie's CCI" that has become standard on many charting packages through the years, including a TradingView sponsored version as one of the many stock indicators provided by TradingView. Woodie has updated his CCI through the years to include several very cool additions outside of the standard CCI. I will have to say, I am a bit biased, but I think this is hands down one of the best indicators I have ever used, and I am far too young to have been part of the original CCI Club. Being a daytrader primarily, this fits right in my timeframe wheel house. Woodie designed this indicator to work on a day-trading time scale and he frequently uses this to trade futures and commodity contracts on the 30 minute, often even down to the one minute timeframe. This makes it unique in that it is probably one of the only daytrading-designed indicators out there that I am aware of that was not a popular indicator, like the MACD or RSI, that was just adopted by daytraders. The CCI was originally created by Donald Lambert in 1980. Over time, it has become an extremely popular house-hold indicator, like the Stochastics, RSI, or MACD. However, like the RSI and Stochastics, there are extensive debates on how the CCI is actually meant to be used. Some trade it like a reversal indicator, where values greater than 100 or less than -100 are considered overbought or oversold, respectively. Others trade it like a typical zero-line cross indicator, where once the value goes above or below the zero-line, a trade should be considered in that direction. Lastly, some treat it as strictly a momentum indicator, where values greater than 100 or less than -100 are seen as strong momentum moves and when these values are reached, a new strong trend is establishing in the direction of the move. The CCI itself is nothing fancy, it just visualizes the distance of the closing price away from a user-defined SMA value and plots it as a line. However, Woodie's CCI takes this simple concept and adds to it with an indicator with 5 pieces to it designed to help the trader enter into the highest probability setups. Bear with me, it initially looks super complicated, but I promise it is pretty straight-forward and a fun indicator to use. 1) The CCI Histogram. This is your standard CCI value that you would find on the normal CCI. Woodie's CCI uses a value of 14 for most trades and a value of 20 when the timeframe is equal to or greater than 30minutes. I personally use this as a 20-period CCI on all time frames, simply for the fact that the 20 SMA is a very popular moving average and I want to know what the crowd is doing. This is your coloured histogram with 4 colours. A gray colouring is for any bars above or below the zero line for 1-4 bars. A yellow bar is a "trend bar", where the long period CCI has been above/below the zero line for 5 consecutive bars, indicating that a trend in the current direction has been established. Blue bars above and red bars below are simply 6+n number of bars above or below the zero line confirming trend. These are used for the Zero-Line Reject Trade (explained below). The CCI Histogram has a matching long-period CCI line that is painted the same colour as the histogram, it is the same thing but is used just to outline the Histogram a bit better. 2) The CCI Turbo line. This is a sped-up 6 period CCI. This is to be used for the Zero-Line Reject trades, trendline breaks, and to identify shorter term overbought/oversold conditions against the main trend. This is coloured as the white line. 3) The Least Squares Moving Average Baseline (LSMA) Zero Line. You will notice that the Zero Line of the indicator is either green or red. This is based on when price is above or below the 25-period LSMA on the chart. The LSMA is a 25 period linear regression moving average and is one of the best moving averages out there because it is more immune to noise than a typical MA. Statistically, an LSMA is designed to find the line of best fit across the lookback periods and identify whether price is advancing, declining, or flat, without the whipsaw that other MAs can be privy to. The zero line of the indicator will turn green when the close candle is over the LSMA or red when it is below the LSMA. This is meant to be a confirmation tool only and the CCI Histogram and Turbo Histogram can cross this zero line without any corresponding change in the colour of the zero line on that immediate candle. 4) The +100 and -100 lines are used in two ways. First, they can be used by the CCI Histogram and CCI Turbo as a sort of minor price resistance and if the CCI values cannot get through these, it is considered weakness in that trade direction until they do so. You will notice that both of these lines are multi-coloured. They have been plotted with the ChopZone Indicator, another TradingView built-in indicator. The ChopZone is a trend identification tool that uses the slope and the direction of a 34-period EMA to identify when price is trending or range bound. While there are ~10 different colours, the main two a trader needs to pay attention to are the turquoise/cyan blue, which indicates price is in an uptrend, and dark red, which indicates price is in a downtrend based on the slope and direction of the 34 EMA. All other colours indicate "chop". These colours are used solely for the Zero-Line Reject and pattern trades discussed below. They are plotted both above and below so you can easily see the colouring no matter what side of the zero line the CCI is on. 5) The +200 and -200 lines are also used in two ways. First, they are considered overbought/oversold levels where if price exceeds these lines then it has moved an extreme amount away from the average and is likely to experience a pullback shortly. This is more useful for the CCI Histogram than the Turbo CCI, in all honesty. You will also notice that these are coloured either red, green, or yellow. This is the Sidewinder indicator portion. The documentation on this is extremely sparse, only pointing to a "relationship between the LSMA and the 34 EMA" (see here: tlc.thinkorswim.com). Since I am not a member of Woodie's CCI Club and never intend to be I took some liberty here and decided that the most likely relationship here was the slope of both moving averages. Therefore, the Sidewinder will be green when both the LSMA and the 34 EMA are rising, red when both are falling, and yellow when they are not in agreement with one another (i.e. one rising/flat while the other is flat/falling). I am a big fan of Dr. Alexander Elder as those who follow me know, so consider this like Woodie's version of the Elder Impulse System. I will fully admit that this version of the Sidewinder is a guess and may not represent the real Sidewinder indicator, but it is next to impossible to find any information on this, so I apologize, but my version does do something useful anyways. This is also to be used only with the Zero-Line Reject trades. They are plotted both above and below so you can easily see the colouring no matter what side of the zero line the CCI is on. How to Trade It According to Woodie's CCI Club: Now that I have all of my components and history out of the way, this is what you all care about. I will only provide a brief overview of the trades in this system, but there are quite a few more detailed descriptions listed in the Woodie's CCI Club pamphlet. I have had little success trading the "patterns" but they do exist and do work on occasion. I just prefer to trade with the flow of the markets rather than getting overly scalpy. If you are interested in these patterns, see the pamphlet here (www.trading-attitude.com), hop into the forums and see for yourself, or check out a couple of the YouTube videos. 1) Zero line cross. As simple as any other momentum oscillator out there. When the long period CCI crosses above or below the zero line open a trade in that direction. Extra confirmation can be had when the CCI Turbo has already broken the +100/-100 line "resistance or support". Trend traders may wish to wait until the yellow "trend confirmation bar" has been printed. 2) Zero Line Reject. This is when the CCI Turbo heads back down to the zero line and then bounces back in the same direction of the prevailing trend. These are fantastic continuation trades if you missed the initial entry either on the zero line cross or on the trend bar establishment. ZLR trades are only viable when you have the ChopZone indicator showing a trend (turquoise/cyan for uptrend, dark red for downtrend), the LSMA line is green for an uptrend or red for a downtrend, and the SideWinder is either green confirming the uptrend or red confirming the downtrend. 3) Hook From Extreme. This is the exact same as the Zero Line Reject trade, however, the CCI Turbo now goes to the +100/-100 line (whichever is opposite the currently established trend) and then hooks back into the established trend direction. Ideally the HFE trade needs to have the Long CCI Histogram above/below the corresponding 100 level and the CCI Turbo both breaks the 100 level on the trend side and when it does break it has increased ~20 points from the previous value (i.e. CCI Histogram = +150 with LSMA, CZ, and SW all matching up and trend bars printed on CCI Histogram, CCI Turbo went to -120 and bounced to +80 on last 2 bars, current bar closes with CCI Turbo closing at +110). 4) Trend Line Break. Either the CCI Turbo or CCI Histogram, whichever you prefer (I find the Turbo a bit more accurate since its a faster value) creates a series of higher highs/lows you can draw a trend line linking them. When the line breaks the trendline that is your signal to take a counter trade position. For example, if the CCI Turbo is making consistently higher lows and then breaks the trendline through the zero line, you can then go short. This is a good continuation trade. 5) The Tony Trade. Consider this like a combination zero line reject, trend line break, and weak zero line cross all in one. The idea is that the SW, CZ, and LSMA values are all established in one direction. The CCI Histogram should be in an established trend and then cross the zero line but never break the 100 level on the new side as long as it has not printed more than 9 bars on the new side. If the CCI Histogram prints 9 or less bars on the new side and then breaks the trendline and crosses back to the original trend side, that is your signal to take a reversal trade. This is best used in the Elder Triple Screen method (discussed in final section) as a failed dip or rip. 6) The GB100 Trade. This is a similar trade as the Tony Trade, however, the CCI Histogram can break the 100 level on the new side but has to have made less than 6 bars on the new side. A trendline break is not necessary here either, it is more of a "pop and drop" or "momentum failure" trade trying in the new direction. 7) The Famir Trade. This is a failed CCI Long Histogram ZLR trade and is quite complicated. I have never traded this but it is in the pamphlet. Essentially you have a typical ZLR reject (i.e. all components saying it is likely a long/short continuation trade), but the ZLR only stays around the 50 level, goes back to the trend side, fails there as well immediately after 1 bar and then rebreaks to the new side. This is important to be considered with the LSMA value matching the side of the trade, so if the Famir says to go long, you need the LSMA indicator to also say to go long. 8) The Vegas Trade. This is essentially a trend-reversal trade that takes into account the LSMA and a cup and handle formation on the CCI Long Histogram after it has reached an extreme value (+200/-200). You will see the CCI Histogram hit the extreme value, head towards the zero line, and then sort of round out back in the direction of the extreme price. The low point where it reversed back in the direction of the extreme can be considered support or resistance on the CCI and once the CCI Long Histogram breaks this level again, with LSMA confirmation, you can take a counter trend trade with a stop under/over the highest/lowest point of the last 2 bars as you want to be out quickly if you are wrong without much damage but can get a huge win if you are right and add later to the position once a new trade has formed. 9) The Ghost Trade. This is nothing more than a(n) (inverse) head and shoulders pattern created on the CCI. Draw a trend line connecting the head and shoulders and trade a reversal trade once the CCI Long Histogram breaks the trend line. Same deal as the Vegas Trade, stop over/under the most recent 2 bar high/low and add later if it is a winner but cut quickly if it is a loser. Like I said, this is a complicated system and could quite literally take years to master if you wanted to go into the patterns and master them. I prefer to trade it in a much simpler format, using the Elder Triple Screen System. First, since I am a day trader, I look to use the 20 period Woodie's on the hourly and look at the CZ, SW, and LSMA values to make sure they all match the direction of the CCI Long Histogram (a trend establishment is not necessary here). It shows you the hourly trend as your "tide". I then drill down to the 15 minute time frame and use the Turbo CCI break in the opposite direction of the trend as my "wave" and to indicate when there is a dip or rip against the main trend. Lastly, I drill down to a 3 minute time frame and enter when the CCI Long Histogram turns back to match the main trend ("ripple") as long as the CCI Turbo has broken the 100 level in the matched direction. Enjoy, and please read the pamphlet if you have any questions about the patterns as they are not how I use these and will not be able to answer those questions.
Indicatore Pine Script®
di christoefert
11
NoBrain BreakoutUse 3min. Time frame. Buy Stock Selection:- When Close Price Cross Monthly Standard Pivot R1 & Monthly Standard Pivot R1 is Greater than Previous Day High( PDH ) Or Close. Price must be Above 44 MA ,48 EMA & Vwap ***Buy When 3min Candle closed Above Camarilla R4 or Monthly Standard Pivot R1 whichever is High. Sell Stock Selection:- When Close Price Cross Monthly Standard Pivot S1 & Monthly Standard Pivot S1 is Less than Previous Day Low( PDL ) Or Close. Price must be Below 44 MA ,48 EMA & Vwap ***Sell When 3min Candle closed Below Camarilla S4 or Monthly Standard Pivot S1 whichever is Low. Trading time for 1st wave 9.30am to 10.45am. 2nd wave 12.45pm to 2.45pm. (Based on NSE/ BSE India) Indicators:- 1) Pivot Points Standard - Time Frame monthly.only select R1 2) Pivot Points Camarilla- Only select R4. 3) SMA 44 4) EMA 48 5) Vwap 6) For Trailing Stop Loss use SuperTrend- Length-13 Factor-2.7 or Length-15 Factor-3 (3min Timeframe)
Indicatore Pine Script®
di jxmodi
3
Numbers RenkoRenko with Volume and Time in the box was developed by David Weis (Authority on Wyckoff method) and his student. I like this style (I don't know what it is officially called) because it brings out the potential of Wyckoff method and Renko, and looks beautiful. I can't find this style Indicator anywhere, so I made something like it, then I named "Numbers Renko" (数字 練行足 in Japanese). Caution : This indicator only works exactly in Renko Chart. ////////// Numbers Renko General Settings ////////// Volume Divisor : To make good looking Volume Number. ex) You set 100. When Volume is 0.056, 0.05 x 100 = 5.6. 6 is plotted in the box (Decimal are round off). Show Only Large Renko Volume : show only Renko Volume which is larger than Average Renko Volume (it is calculated by user selected moving average, option below). Show Renko Time : "Only Large Renko Time" show only Renko Time which is larger than Average Renko Time (it is calculated by user selected moving average, option below). EMA period for calculation : This is used to calculate Average Renko Time and Average Renko Volume (These are used to decide Numbers colors and Candles colors). Default is EMA, You can choice SMA. ////////// Numbers Renko Coloring ////////// The Numbers in the box are color coded by compared the current Renko Volume with the Average Renko Volume. If the current Renko Volume is 2 times larger than the ARV, Color2 will be used. If the current Renko Volume is 1.5 times larger than the ARV, Color1.5 will be used. Color1 If the current Renko Volume is larger than the ARV . Color0.5 is larger than half Athe RV and Color0 is less than or equal to half the ARV. Color1, Color1.5 and Color2 are Large Value, so only these colored Numbers are showed when use "Show Only ~ " option. Default is Renko Volume based Color coding, You can choice Renko Time based Color coding. Therefore you can use two type coloring at the same time. ex) The Numbers Colors are Renko Volume based. Candle body, border and wick Colors are Renko Time based. ////////// Weis Wave Volume ////////// Show Effort vs Result : Weis Wave Volume divided by Wave Length. ex) If 100 Up WWV is accumulated between 30 Up Renko Box, 100 / 30 = 3.33... will be 3.3 (Second decimal will be rounded off). No Result Ratio : If current "Effort vs Result" is "No Result Ratio" times larger than Average Effort vs Result, Square Mark will be show. AEvsR is calculated by 5SMA. ex) You set 1.5. If Current EvsR is 20 and AEvsR is 10, 20 > 10 x 1.5 then Square Mark will be show. If the left and right arrows are in the same direction, the right arrow is omitted. Show Comparison Marks : Show left side arrow by compare current value to previous previous value and show right side small arrow by compare current value to previous value. ex) Current Up WWV is 17 and Previous Up WWV (previous previous value) is 12, left side arrow is Up. Previous Dn WWV is 20, right side small arrow is Dn. Large Volume Ratio : If current WWV is "Large Volume Ratio" times larger than Average WWV, Large WWV color is used. Sample layout
Indicatore Pine Script®
di akutsusho
59
Ichimoku Cloud MasterIchimoku Cloud Master aims to provide the ichimoku trader with easy alert functionality to not miss out on valuable trade setups. The key purpose of this script is to better visualise crucial moments in Ichimoku trading. These alerts should not be used for botting in my opinion as they always need a human to confirm the ichimoku market structure. For example, is the Kijun-Sen flat and too far away from price? A good ichimoku trader will not enter at such a point in time. Explanation of script: Chikou(lagging span): pink line, this is price plotted 26 bars ago. People ignore the power of this it is crucial to see how chikou behaves towards past price action as seen in the chart below where we got an entry at red arrow because chikou bounced from past fractal bottom. Kijun-Sen(base line): Black line or color coded line. This is the equilibrium of last 26 candles. To me this is the most important line in the system as it attracts price. Kijun = (Highest high of 26 periods + Lowest low of 26 periods) ÷ 2 Tenkan-Sen(conversion line): Blue line. This is the equilibrium of last 9 candles. In a strong uptrend price stays above this line. Tenkan = (Highest high of 9 periods + Lowest low of 9 periods) ÷ 2 Senkou A (Leading span A)= Pink cloud line, this is the average of the 2 components projected 26 bars in the future. Senkou A = (Tenkan + Kijun) ÷ 2 Senkou B (Leading span B) = Green cloud line, this is the 52 day equilibrium projected 26 bars in the future. Senkou B = (Highest high of prior 52 periods + Lowest low of prior 52 periods) ÷ 2 Notice how the distance between Chikou and the cloud is also 52 bars. This is all part of Hosoda's numbers which I am not going to explain here. Fractals: These are the black triangles you find at key turning point. If you want to know how they work reseach williams fractals. I've used fractals with a period of 9 as it is an ichimoku number. These fractals are useful when working with ichimoku wave theory. Again I will not explain that here but in further education Fractal Support: Ability to extend lines from the fractals which can be used as an entry/exit mechanism in your trading. For example wait for tenkan to cross kijun and then enter on fractal breakout. Signals: Crossing of Chikou (lagging span) with past Kijun-Sen: this will color code the Bars / Kijun-Sen (you can turn this off in options) The script also has a signal for this, this will be the green and purple diamonds. Where green is bullish and purple is bearish. wy is this important? When current price plotted 26 candles back (chikou) crosses over the past equilibrium (kijun-sen) this usualy means price has moved past resistance levels where sellers come in. This indicates a switch in market structure and price is bullish from this point, this is the same in the other direction. Kumo Twist: when the kumo cloud (future) has a crossover from for example green to red (bull to bear). The script plots these using the colored cross symbols as seen in the picture above. A chikou cross + a Kumo twist at same bar of next to eachother below the cloud can be a great entry sign: this would be an entry after cross in the chart above. Kijun Bounce: when in an uptrend the price retraces back to Kijun-Sen and starts to go back up. These are marked by the yellow circles as seen in chart below: low below Kijun-Sen and close above it Strong Trend: when Tenkan is above Kijun, price above cloud, future cloud green, chikou above close, chikou above Kijun we establish a strong bullish trend. For bearish the exact opposite. The script has a function to send an alert at the start of such trends and to plot them with small colored circles above the bars. Customisation: I've added options to disable specific aspects of the indicator for those traders who do not want to use all aspects of the indicator. In the customisation tab I've given each part a clear title so you can use your own colors/shapes. The perfect entry? Further info: Look into my education pane, I will be adding education in the future. The chance of me making a more advanced version of the script including line forecasting etc is rather high so watch out for that. For those who want to master this system I recommend reading the book: How to make money with the ichimoku system by Balkrishna M. Sadekar Or the originals books by Hosoda the inventor of Ichimoku if you can get your hands on them and can read Japanese. Almost all info about the ichimoku system you find on the internet will lose you money because they reduce the system to simple signals that do not generate money. I will be providing educational material on tradingview using this indicator.
Indicatore Pine Script®
di Honestcowboy
3
Oscillators Overlay w/ Divergencies/Alerts by DGTAn oscillator is a technical analysis tool that, simply said, gauge momentum, determine market trend direction and duration. For some oscillators, fluctuations are bounded by some upper and lower band, and traders use them to discover short-term overbought or oversold conditions. Oscillators are often combined with moving average indicators to signal trend breakouts or reversals Histogram, is the difference between the oscillator and signal lines, which oscillates above and below a center line and is used as a good indication of an asset's momentum What to look for - Signal Line Crossover is the most common signal produced by the oscillators - Zero Line Crossovers have a very similar premise to Signal Line Crossovers - Divergence , when the oscillator and actual price are not in agreement, is another signal created by the oscillators - Overbought and Oversold , with any range-bound oscillator, conditions are a primary signal generated Oscillators Overlay study * Presents oscillators on top of the mian chart (price chart) * A single indicator for many well known and custom oscillators * Divergence detection * Alerts for various condtions The list of oscillators included; - Awesome Oscillator (AO) - Chaikin Oscillator (Chaikin Osc) - Commodity Channel Index (CCI) - Distance Oscillator - Elder-Ray Bear and Bull Power - Elliott Wave Oscillator (EWO) - Klinger Oscillator - Money Flow Index (MFI) - Moving Average Convergence Divergence (MACD) - Rate Of Change (ROC) - Relative Strength Index (RSI) - Stochastic (Stoch) - Stochastic RSI (Stoch RSI) - Volume Oscillator (Volume Osc) - Wave Trend In technical analysis, investors find oscillators to be important technical tools and consider them more effective when used in conjunction with other means of technical analysis Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Indicatore Pine Script®
di dgtrd
105
SnakeBand█ Overview. This indicator is based on a calculation method made using a ichimoku and Fibonacci. There are two lines, the upper line is the upper limit and the lower line is the lower limit. These upper and lower limits are drawn ahead of 26 candles, just like Ichimoku. █ Role. The characteristic of this indicator is that When prices reach the upper limit, they usually hesitate or try to fall, and when they reach the lower limit, they usually rebound or hesitate. In particular, it has an excellent effect on low-point purchases. Of course, it is often not the case, so you have to observe the speed and movement of the decline carefully, and it can be more effective if applied with the Elliot wave or harmonic. It can also be more effective if used with rsi or macd bowling bands. █ Memo. It applies to all four-hour bong, three-hour bong, one-bong, and main bong. It is important to keep studying and observing. This can give you the ability to capture the upward transition after hitting the lower limit.
Indicatore Pine Script®
di mizarkim
Mean Shift Pivot ClusteringCore Concepts According to Jeff Greenblatt in his book "Breakthrough Strategies for Predicting Any Market", Fibonacci and Lucas sequences are observed repeated in the bar counts from local pivot highs/lows. They occur from high to high, low to high, high to low, or low to high. Essentially, this phenomenon is observed repeatedly from any pivot points on any time frame. Greenblatt combines this observation with Elliott Waves to predict the price and time reversals. However, I am no Elliottician so it was not easy for me to use this in a practical manner. I decided to only use the bar count projections and ignore the price. I projected a subset of Fibonacci and Lucas sequences along with the Fibonacci ratios from each pivot point. As expected, a projection from each pivot point resulted in a large set of plotted data and looks like a huge gong show of lines. Surprisingly, I did notice clusters and have observed those clusters to be fairly accurate. Fibonacci Sequence: 1, 2, 3, 5, 8, 13, 21, 34... Lucas Sequence: 2, 1, 3, 4, 7, 11, 18, 29, 47... Fibonacci Ratios (converted to whole numbers): 23, 38, 50, 61, 78, 127, 161... Light Bulb Moment My eyes may suck at grouping the lines together but what about clustering algorithms? I chose to use a gimped version of Mean Shift because it doesn't require me to know in advance how many lines to expect like K-Means. Mean shift is computationally expensive and with Pinescript's 500ms timeout, I had to make due without the KDE. In other words, I skipped the weighting part but I may try to incorporate it in the future. The code is from Harrison Kinsley . He's a fantastic teacher! Usage Search Radius: how far apart should the bars be before they are excluded from the cluster? Try to stick with a figure between 1-5. Too large a figure will give meaningless results. Pivot Offset: looks left and right X number of bars for a pivot. Same setting as the default TradingView pivot high/low script. Show Lines Back: show historical predicted lines. (These can change) Use this script in conjunction with Fibonacci price retracement/extension levels and/or other support/resistance levels. If it's no where near a support/resistance and there's a projected time pivot coming up, it's probably a fake out. Notes Re-painting is intended. When a new pivot is found, it will project out the Fib/Lucas sequences so the algorithm will run again with additional information. The script is for informational and educational purposes only. Do not use this indicator by itself to trade!
Indicatore Pine Script®
di CryptoGearBox
3
CyclesTime based indicator attempting to show changes in a cycle based on the different time elapsed between new highs and new lows in a given time period. Useful when combined with elliott wave price structure. A drop above/below 0 suggests a wave 4 whilst new highs/lows of the indicator suggest whether a bullish or bearish trend is in place. You can change the time cycle as you like. Any Q's please post, i'll be happy to answer them. (If I can)
Indicatore Pine Script®
di csmottola71
1
EMA Options Clouds With SignalsEMA Clouds for Options! This indicator can help you confidently open and close options positions. Note that you should set stop a little below midline EMA . Risk reward for good signals is fairly consistent in profit. Most of the simulations I ran got between 1:2 and 1:4 profits. The losers usually can be avoided by making sure you are not in a choppy trading channel. Wait for EMAs to start separating and don't blindly follow every buy/sell. 3 wave EMA + Clouds: Defaults: EMA 8/32/64 Signals (off by default - turn on in settings): Buy Call/Sell Call (open/exit call positions) Buy Put/Sell Put (open/exit put positions) Enter signals bullish: Close over Middle EMA AND Short EMA > Middle EMA > Long EMA Exit signals bullish: Close under Middle EMA OR trend turns bearish (Short EMA < Middle EMA < Long EMA ) Enter signals bearish: Close under Middle EMA AND Short EMA < Middle EMA < Long EMA Exit signals bearish: Close over Middle EMA OR Short EMA > Middle EMA > Long EMA Cloud Colors (Default) Green: Bullish Red: Bearish White: Chop/Transition
Indicatore Pine Script®
di genome1776
13
Ehlers Hamming Moving Average [CC]The Hamming Moving Average is a custom script I made to attempt to create a moving average using Ehler's Hamming Window Indicator . Let me stress that this is extremely experimental considering the original indicator works by creating a sine wave by adjusting the Pedestal value. Change the Pedestal value to anything 5 or higher and you will see what I mean. I think this is a fun experiment so let me know what you think. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color. Buy when the line turns green and sell when it turns red. Let me know if there are any other indicators or scripts you would like to see me publish!
Indicatore Pine Script®
di cheatcountry
6