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Chart Champions - Part 1 - nPOC - Levels - VWAPsThank you for sparing you time to read my indicator. This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved. Chart Champions – Part 1 –Lvls nPOC VWAPS This indicator is broken down into: • Levels • VWAPS • Naked Point of Control Levels It displays the levels to the right of the price Axis to enable the user to have a cleaner chart. The below levels will automatically appear: dOpen – pdHigh – pdLow – pdEQ – pwEQ Optional Levels include: mOpen – pmOpen – pdOpen – dbyOpen – wOpen – pwOpen VWAPs Optional VWAPs Daily (including pdVWAP close) – Weekly – Monthly Naked Points of Control (nPOC) To view the nPOC move the chart back in time to pick up the nPOCs. Chart Champions – Part 2 – CCV IBs POC This indicator is broken down into: • Chart Champions Value • Initial Balance • Points of Control Chart Champions Value (CCV) CCV is based on the 80% rule of the dOpen opening outside of the pdVAH/pdVAL. Please do you own research to fully understand how this trading strategy works (readily avaliable online). Initial Balance (IB) IB is based on the first 60 minutes of the market opening. It captures the highest and lowest points within that 60 minutes. Please do you own research to fully understand how this trading strategy works (readily avaliable online). Points of Control (POCs) POC are the price levels where the most volume was traded. Developing POC (dPOC) will constantly move with volume/price action through out the day. Optional POCs Previous Day POC (pdPOC) – Day Before Yesterday POC (dbyPOC) Chart Champions – Part 3 – Sessions - Manual Input This indicator is broken down into: • Manual Inputs (daily, weekly, monthly) • IGOR SessionsTtimes • Pre + Market Openings Manual Input Daily x3 Weekly x 3 Monthly x 3 This allows the trader to put in specific levels. IGOR Session Times This is a user specific requirement to highlight cetain times during the day, displayed at the bottom of the chart in the colour strip. Pre + Market Openings This allows the user to see when pre market trading has started and with the live maket has started, displayed at the top of the chart in colours. A huge thank you goes out to: Stackoverflow users AnyDozer and Bjorn. TV user ahancock for allow me use of this code. Disclaimer the lower the timeframe the more information it processes.
Indicatore Pine Script®
di Frien_dd-DisDev
60
Bitcoin Bulls and Bears by @dbtrBitcoin 🔥 Bulls & Bears 🔥 v1.0 This free-of-charge BTC market analysis indicator helps you better understand what's going with Bitcoin from a high-level perspective. At a glance, it will give you an immediate understanding of Bitcoin’s historic price channel dating back to 2011, past and current market cycles, as well as current key support levels. Usage Use this indicator with any BTCUSD pairs , ideally with a long price history (such as BNC:BLX ) We recommend to use this indicator in log mode, combined with Weekly or Monthly timeframe. Features 🕵🏻‍♂️ Historic price channel curve since 2011 🚨 Bull & bear market cycles (dynamic) 🔥 All-time highs (dynamic) 🌟 Weekly support (dynamic, based on 20 SMA ) 💪 Long-term support (channel bottom) 🔝 Potential future price targets (dynamic) ❎ Overbought RSI coloring 📏 Log/non-log support 🌚 Dark mode support Remarks With exception of the price channel curve, anything in this indicator is calculated dynamically , including bull/bear market cycles (based on a tweaked 20SMA), ATHs, and so on. As a result, historic market cycles may not be 100% accurately reflected and may also differ slightly in between various time-frames (closest result: Monthly). The indicator may even consider periods of heavy ups/downs as their own market cycles, even though they weren’t. Due to its dynamic nature, this indicator can however adapt to the future and helps you quickly identify potential changes in market structure, even if the indicator is no longer updated. On top of that bullmarket cycles (colored in green) feature an ingrained RSI: the darker the green color, the more the RSI is overbought and close to a correction (darkest color in the chart = 90 Weekly RSI). In comparison with past bull cycles, it helps you easily spot potential reversal zones. Thanks Thanks to @quantadelic and @mabonyi which both have worked on the BTC "growth zones" indicator including the price channel, of which I have used parts of the code as well as the actual price channel data. Follow me Follow me here on TradingView to be notified as soon as new free and premium indicators and trading strategies are published. Inquire me for any other requests. Enjoy & happy trading!
Indicatore Pine Script®
di dbtr
7
|AG| Previous Analysis█  OVERVIEW Analysis of previous levels is one of the best strategies in order to get good entries or take profits levels. This analysis involves Monthly and Weekly Previous Levels and One User Definition Option. So u could select any period like Daily or even hours according to ur trading style. The previous levels are High and Low. And the Current (NOT PREVIOUS) open level. This script also includes one Fibonacci Selector that will calculate the Fibbo level between previous High and Low Levels of the user selection. Almost everything could be modified in the input panel. Input Options A detailed explanation of input settings:  • # Of Previous    • This option leads us to select the number of previous weeks, months, or the user selection back.       • Example: If we select Previous High, Low WEEKLY so if # Of previous is one is going to be the past levels but if is 2 so consequently 2 previous levels.       • In the case of 0 is going to be the actual levels  • Fibbo & Label Selector   Here we can select the period.    • Monthly, Weekly, And User Definition is available.       • Fibonacci Selector :       • Here we could choose between different levels of Fibonacci or No_Plot Option  • Label Offset       • Here we select the amount of distance between label and actual price  • Time Start       • Here we could highlight one period START and END like one Week start day and end day.       • User Definition Value in order to be more flexible. Interesting Code Lines:  • Fibonacci function getFib(a, b)=> fib1 = a + (b - a) * -0.618 fib2 = a + (b - a) * -0.270 fib3 = a + (b - a) * 0.114 fib4 = a + (b - a) * 0.214 fib5 = a + (b - a) * 0.382 fib6 = a + (b - a) * 0.500 fib7 = a + (b - a) * 0.618 fib8 = a + (b - a) * 0.786 fib9 = a + (b - a) * 0.886 ext_ = a + (b - a) * 1.270 ext1 = a + (b - a) * 1.618  • Exact Distance and % Distance f_dist (_src, _src3) => float _dist = _src3 - _src float _perc = _dist / _src3 //* 100
Indicatore Pine Script®
di Anderson-FX
4
|AG| VWAP ANALYSIS|AG| VWAP ANALYSIS The volume-weighted average price (VWAP) is a trading benchmark used by traders that gives the average price security has traded throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of the security. VWAP is calculated by adding up the $ traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded. A detailed formula and calculations could be found here: -> fanf2.user.srcf.net Actually, TradingView has an option for Anchored Vwap is a really good implementation for specific analysis. The following script takes into account the #Time_Period_Change and plots the VWAP calculation. The #Time_Period Available for this script are:   -> Day   -> Week   -> Monthly   -> Quarter   -> Year 1. The option that we have is the SOURCE:   -> HLC3 (High, Low, Close)/3 is the right way to calculate VWAP.   -> But I included other traditional options:    -> open, high, low, close, hl2, hlc3, ohlc4 2. The option of Turn ON/OFF VWAP   -> Timeframe selection:     -> All, 1. Day, 2. Week, 3. Month, 4. Quarter, 5. Year, 6. >=Weekly, 7. >=Montlhy     -> With this, we could select the time for plotting the VWAP. And some cool features such as >= that we are going to plot different Timeframes VWAP calculations.   -> Vwap Label:     -> We could select if show labels or not 3. The option of Turn ON/OFF Previous VWAP Level   -> VWAP of one selected Time Period is going to end with a final price this level most of the time is retested and gives us a good opportunity for entry into one trade. Or could be used as Stop Loss.    -> Timeframe selection:      -> 1. Day, 2. Week, 3. Month, 4. Quarter, 5. Year, 6. >=Weekly, 7. >=Montlhy, 8. >=Daily   -> Factor     -> The factor options lead as increment the extension of the previous time period.     -> Example: D is the normal time period and with factor, we change from 1D to 2D in order to extend previous levels of VWAP.     ->The Factor option is only available in 1. Day and 2. Week. With a Min Value of 1 and a Maximum Value of 50.   -> Labels:     -> We could select if show labels or not 4. The option of Turn ON/OFF Standard Deviation Bands   -> Label:     -> We could select if show labels or not   -> Timeframe selection:     -> 1. Day, 2. Week, 3. Month, 4. Quarter, 5. Year 5. The option of Turn ON/OFF Previous Standard Deviation   -> Timeframe selection:     -> None, 1. Day, 2. Week, 3. Month, 4. Quarter, 5. Year, 6. >=Weekly, 7. >=Montlhy, 8. Quarter & Year   -> STDEV LEVEL     -> Since there are different options for Standard Deviation I included 4 options       -> 1       -> 2       -> 3      -> User Selection         -> In this option we could select any NUMBER for STVDEV 0.25 of step.  -> Label:    -> We could select if show labels or not 6. The Lockback Setting   -> This Script also includes an option to only plot a certain amount of days back.   The main reason in order to have a more clear chart.    -> We could select between:     -> PLOT ALL     -> CUSTOM   -> If we select Custom Then we could select the Number of Days Back that is going to be plotted. 7. Color Theme Here we select the color (Visual Desing)   -> Color Theme     -> Text Color     -> Here I use the recent input.color option added for TradingView making the color selection really simple 8. Time Period Highlighter   -> In this option, we could select one time period in order to plot one tiny background and identify the change in the time period.    -> Timeframe selection:      -> 1. Day, 2. Week, 3. Month, 4. Quarter, 5. Year 9. Label Offset   -> Finally, this option leads us to change the position of the labels into the X-axis by default 20. This script has many options the combinations and the possibilities of making different analyses are bast. Here some examples of what we could make: DEFAULT SETTING: PREVIOUS VWAP FOR TIME PERIOD >= WEEK (work good as S&D levels) PREVIOUS VWAP Week WITH A FACTOR OF 4 STANDARD DEVIATION BANDS - DAY STANDARD DEVIATION BANDS - WEEK STANDARD DEVIATION BANDS - MONTH STANDARD DEVIATION BANDS - QUARTER STANDARD DEVIATION BANDS - YEAR PREVIOUS STANDARD DEVIATION - DAY SDTV 3 PREVIOUS STANDARD DEVIATION - WEEK SDTV 3 USING STANDARD DEVIATION BANDS - WEEK WITH LOCKBACK -> PLOT ALL WITH CUSTOM 30 DAYS I think the options possibilities of analysis using #VWAP are truly awesome. I like the relationship that one previous VWAP has with Standard Pivot Points. Good Luck, Anderson,
Indicatore Pine Script®
di Anderson-FX
9
RSI of VWAP [SHORT selling]This is SHORT selling version of RSIofVWAP strategy. Settings and Logic are totally different from LONG side version , hence I am publishing it as a new strategy. Settings ============ VWAP of RSI Length 15 Slow EMA Length 200 Short entry level 25 Cover short level 70 stop loss 5 SHORT Entry ============ condition1 : When RSIofVWAP crossdown below 25 and VWAP is below ema200 condition2: When weekly RSIofVWAP crossdown 70 and VWAP (note : session vwap , not weekly vwap) is below ema200 condition3: Use VIX value , if you want to short when the price is above ema200 vwap RSI crossing down 70 and VIX RSI is cossing up 70 enter short ... This is like falling knife :-) I need to add the code -- later if any of above condition is TRUE , SHORT entry will be taken Take Profit ============ When close less than short entry price and RSIofVWAp is crossing up 25 , take profit ...close 1/3 of the position Exit ============ When RSIofVWAP crossing up 70 level Stop Loss ============ Stop Loss is set to 5% Note: 1. When strategy is in SHORT position , background and bar color changes to gray 2. When strategy is already in short position , possible entries are shown in yellow background 3. RSI Length 15 is working most of the equities on hourly chart. ( RSI length 9 and 14 also works good , but not for all ... You may want to try which setting works for your symbol) 4. weekly VWAP (blue color) is also plotted by default ... you can disable it if you dont want to see it. But there is advantage keeping it on the chart , you can notice whenever weekly VWAP crosses above 70 line , trend is UP ... if you have LONG position you can hold on it ... Hurray :-) Warning ============ For the educational purposes only
Strategia Pine Script®
di eemani123
9
BBofVWAP with entry at Pivot PointThis strategy uses BB of VWAP and Pivot point to enter and exit the Long position. settings BB length 50 BB Source VWAP Entry When VWAP crossing up BB midline and price/close is above weekly PivotPoint ( you can also use Daily pivot point ) Exit When VWAP is crossing down BB lower band Stop Loss Stop loss defaulted to 5% Note : Long will position will be exited on either VWAP crossing down BB lower band or stop loss is hit - whichever comes first . Being said that some time your stop loss exit is less than 5% which saves from more losses. Entry is based on weekly Pivot point , so any time frame below weekly will work perfect. I have tested t on 30 min , 1 HR , 4 Hr , Daily charts. Even weekly setting shows good results , that will work for long term investing style. if you change Pivot period to Daily , chose time frames below Daily. I also noticed this strategy mostly do not enter Long position in a down trend. Even it finds one , it will be exited with minimal loss. Warning For the use of educational purposes only
Strategia Pine Script®
di ediks123
3
Multi RSI based on Timeframe This code has been inherited from " 3 RSI Multi Timeframe Inception" by pranjalchaubey and enhanced/modified to include 2 more RSI indicators. The RSIs considered are 15 minutes, 1 Hour, Daily, Weekly and Monthly displayed based on chart time frame. The number of RSI indicators displayed is context dependant or time frame based, as below, 15min, hourly and daily RSIs are displayed on 15 mins or hourly charts, often used for Intraday trading, Daily, Weekly and Monthly RSIs are displayed for Daily charts / Swing trading and Weekly and Monthly RSIs for Weekly time frame / Positional trades.
Indicatore Pine Script®
di prashanthraju
1
CPR with SMA, EMA, VWAP & Super Trend by GuruprasadMeduriThis script will allow to add CPR with Standard Pivots and 4 Indicators. Standard Pivot has 9 levels of support and 9 levels of resistance lines. It has CPR , 3 levels of Day-wise pivots , 3 levels of Weekly pivots and 3 Levels of Monthly Pivots . In Addition to the CPR and Pivot, this script will allow user to Add 4 more Indicators - SMA, EMA, VWAP and SuperTrend as well. All the Support and resistance levels can be enabled / disabled from settings. It will allow to select multiple combinations of support and resistance levels across 3 levels at any of the 3 time-frames individually and combined. All 4 Indicators can be can be enabled / disabled from settings. This will allow the indicators to be plotted individually and combined along with any combination of CPR & Pivots. These number of combinations will allow user to visualize the charts with desired indicators, pivot support & resistance levels on all or any of the 3 time frames. For Ease of access, listed few points on how the script works.. - CPR and day-wise level 1 & 2 (S1 & R1) enabled by default and can be changed from settings - Day-wise Level 2 & 3 (S2, R2, S3 & L3) can be enabled from settings - Weekly 3 levels and Monthly 3 levels can be enabled from settings - CPR & pivot levels colored in blue lines - All support levels colored in Green - All resistance levels Colored in Red - Day-wise pivot , support & resistance are straight lines - Weekly pivot , support & resistance are cross (+) lines - Weekly pivot , support & resistance are circle (o) lines - SMA, EMA, VWAP and SuperTrend Enabled by Default - SMA Colored in Orange - EMA Colored in Red - EMA Colored in Teal - SuperTrend Colored in standard Red & Green with triangle arrows - Any combinations can be selected from settings-> Inputs & style
Indicatore Pine Script®
di GuruprasadMeduri
68
Elder Impulse SnapshotNASDAQ:AMZN I've always been intrigued by the Elder Impulse System but found it labour intensive with its flipping back and forth between daily and weekly charts. I also wasn't fond of the way it repainted the candlesticks. So I set out to build a version where you could get every trade signal filtered down in one chart and still see the real price action. This article provides a decent overview of the original system: www.investopedia.com Elder Impulse Snapshot uses two EMAs and two MACDs, one of each to process both the daily and weekly data. The daily data gets an EMA of 13 periods and the standard MACD settings. For the weekly info, the EMA is set to 65 periods and all the MACD values are also multiplied by five (60, 130, 45). Buy signals are generated when both EMAs and both MACD histograms are rising. When all four of these elements are falling, sell signals are generated. If any of the indicators disagree, no signal is generated and entering any trade is not advised. The blue and red arrows are the buy and sell signals. From my reading, it appears Dr. Elder recommended exiting the trade as soon as the system no longer generated a signal, though the case could be made for taking partial profit and moving up your stop loss to ride the trend out longer provided you haven't been stopped out yet.
Indicatore Pine Script®
di stvch
3
CPR by GuruprasadMeduriThis script will allow to add CPR with Standard Pivot ad 9 levels of support and 9 levels of resistance lines. It has CPR, 3 levels of Day-wise pivots, 3 levels of Weekly pivots and 3 Levels of Monthly Pivots. All the Support and resistance levels can be enabled / disabled from settings. It will allow to select multiple combinations of support and resistance levels across 3 levels at any of the 3 time-frames individually and combined. These number of combinations will allow user to visualize the charts with desired pivot support & resistance levels on all or any of the 3 time frames. For Ease of access, listed few points on how the script works.. - CPR and day-wise level 1 & 2 (S1, R1, S2 R2) enabled by default and can be changed from settings - Day-wise Level 3 (S3 & L3) can be enabled from settings - Weekly 3 levels and Monthly 3 levels can be enabled from settings - CPR & pivot levels colored in blue lines - All support levels colored in Green - All resistance levels Colored in Red - Day-wise pivot, support & resistance are straight lines - Weekly pivot, support & resistance are cross (+) lines - Weekly pivot, support & resistance are circle (o) lines - Any combinations can be selected from stettings-> Inputs & style // - This is an iterative development. Will add more features due course of time. Suggestions are always welcomed!!
Indicatore Pine Script®
di GuruprasadMeduri
35
BEST Long Term Levels Breakout ScreenerHello traders Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke) We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^ I - Long Terms concept I had the idea from @scarff. I think it's genius and I use this long terms level in my trading across all assets. The screener, in particular, analyzes whenever the price breaks out a weekly/monthly/quarterly/yearly level on candle close . Triggering events on candle close = we get rid of the REPAINTING = we remove the fake signals (in that case the fake breakouts). The candle close is based on the close of the current chart => if the chart displays candlesticks on the weekly timeframe, then the considered close will be the weekly close. If in daily timeframe, the close will be .............................. 4h (#wrong)..... kidding :) .............. DAILY obviously II - How did I set the screener The visual signals are as follow: - square: breakout of a high/low weekly level - circle: breakout of a high/low monthly level - diamond: breakout of a high/low quarterly level - flag: breakout of a high/low yearly level - dash: none of the above Then the colors are: - green when bullish - red when bearish - orange/dash when none of the above Cool Hacks "But sir... what can we do with only 3 instruments for a screener?" I agree not much but... As said previously... you can add multiple times the same indicator on a chart :) Wishing you all the BEST trading and.... wait for it... BEST weekend Dave
Indicatore Pine Script®
di Daveatt
5
FXN - Week and Day SeparatorThis is a simple indicator that marks the start of the week with a vertical line that help with identifying weekly cycles. This indicator also allows the user to show daily session breaks, which is turned off by default. This additional feature was introduced as when using the default Session Breaks from within Trading View, the line that appears at the start of the week conflicts with the weekly separator and can distort the clarity of the weekly separator. One usability aspect that is key to understand with this indicator is that the chart scale option must be set to "Scale Price Chart Only", otherwise when switching between symbols the charting view fits all data to the screen and the candle seem to have collapsed as a greater price range is displayed. This seems to be a limitation of when displaying a vertical line, with the extend.right principle is used. To change the scale of a chart, right-click on the price axis and choose "Scale Price Chart Only", rather than "Auto (Fits Data To Screen)".
Indicatore Pine Script®
di RobMinty
85
Stochastic binary option styleUsing Time Frames For Trend – You can also use different time frames to determine trends with stochastic. To do this you will need to use two different time frame charts, I like to use the weekly/daily or daily/hourly combination depending on the asset. Weekly/daily works well with stocks and indices while I prefer the shorter time frame for currency and commodities. This is how it works; stochastic on the longer term chart sets trend, stochastic on the shorter term chart gives the signal. If, on the weekly chart, stochastic is pointing up then you would trade bullish signals on the daily charts. Or if using the daily/hourly combo the stochastic on the daily would set trend while signals would come from the hourly chart. Green color bar and background means k is > d, the crowd is bullish (trend is bullish, a bullish crossover is happened), red is the contrary (bears are the leaders) Credit to Michael Hodges
Indicatore Pine Script®
di Biticon
Ultimate Moving Average Package (17 MA's)Included is the: VWAP Current time frame 10 EMA Current time frame 20 EMA Current time frame 50 EMA Current time frame 10 SMA Current time frame 20 SMA Current time frame 50 SMA Daily 10 EMA Daily 20 EMA Daily 50 EMA Daily 50 SMA Daily 100 SMA Daily 200 SMA Weekly 100 SMA Weekly 200 SMA Monthly 100 SMA Monthly 200 SMA All Daily/Weekly/Monthly MA's can be seen on intraday charts. Current time frame MA's change depending on your time frame. Obviously you dont need all 17 on your chart but you can pick the ones you like and disable the rest.
Indicatore Pine Script®
di Craig_Stine
Consensio Vision MA - Tribute to Late Dean Tyler JenksA wonderful mentor, fearless leader and incredibly humble man, father alike and world renowned bitcoin influencer also known for the invention of robust money management system named consensio moving averages, Tribute to Late Dean Tyler Jenks who made this possible. Explanation this indicator make use of three simple moving averages, idea is to incrementally invest little by little in the bull market when all moving average is moving up A more in-depth guide for consensio is available here How to use this indicator? This indicator plots weekly moving average on daily and/or hourly time frame, the basic idea is to see how smaller time frame like daily and hourly trend reacts to larger time frame like weekly moving averages and what are the possible support and resistance area on these smaller time frame and also to arrive at better entry points while doing that. The name Consensio Vision is chosen cuz.. it's a free reminder to never loose long-term vision (in this case weekly trend) of where you're going Consensio Vision MA - Tribute to Late Dean Tyler Jenks Lucid's Principles Of Investing - These are principles foretold by Late dean tyler jenks.. he goes on to saying that those 12 principles will keep you out of trouble or will identify trouble or will identify your human behavioral problems 1. CASH IS KING - in terms of my investing principles is very simple cash is king, I would rather be in cash than any other asset class, unless an asset class is trending to the upside (or bull market) the cash is king 2. Market doesn't move in straight line - all asset classes trimmed up and down, as tyler goes on to say he dont believe in buy and hold strategy, i'm giving you the tools to get you out of market so you dont have drive down bear events like 2009 crash, he further suggests you sould react (or make decision) before a 10% drop in market. 3. Timeframe - trends are short days or weeks intermediate weeks or months and long months or years so principle number three is don't just talk about something is in a trend be precise are you talking about a short-term trend an intermediate term trend or a long-term trend... just saying something is in a trend is irresponsible, you've got to identify your time frame 4. Wait! Bear market is different - cash is king and unless asset class is trending up there are times that you want to take advantage of a trend that is down but it is not the equivalent of investing in a trend that is up it is far more dangerous far more difficult it can be done but that's not one of the main principles, (also check rule number 7 as both are related) 5. Only long-term trends are investments - word trading is not really an investment term trading means buying or selling it has nothing to do with what you're attempting to achieve in terms of either speculation gambling investing ... those are not opportunities for investing because they're short or they're intermediate.. that doesn't mean that you can't speculate and have that turn into a position trade and have it turn into a possible swing trade and then have it turn in to an investment however be prepared once you've made an investment where that investment in a short or an intermediate term time frame to move against you 6. Never invest in a FOMO (fear of missing out)- loss of money loss of cash loss of wealth is not equivalent to a loss of opportunity it is 100 times more important than a loss of opportunity 7. understand the importance of Percentage - a 50% gain is not an inverse equivalence of a 50% loss that is the single most important rule or principle that Lucid uses in determining when to get into or out of an investment and it goes back to number six that a loss of money is not equivalent to a loss of opportunity 8. all long-term trends are fundamentally based, repeat all long-term trends are fundamentally based 9. number nine is a corollary but it's separate all short and intermediate term trends are not fundamentally based, long term trends are not affected by news are not affected by headlines are not affected by company announcements or country announcements they are affected in the short in the intermediate term and therefore your probability of success goes way up as your timeframe frame goes longer 10. Fundamental vs technical - technical tools are invaluable in identifying trends fundamental tools are not invaluable in identifying trends - that's why technical analysis is so important it gives you something that fundamental analysis will never give you in time so technical a pro active mechanism or money management tool and fundamental is a lagging indicator hoever its what drives the market in log term 11. Profitability based on time aka VISION- I see even very sophisticated investors doing is they let the technical tools give them a signal on the short-termer intermediate-term and they believe because it's the tool that they're using that it's giving them an equivalent probability of success and it is not! it's probability of success at the short-term is less than at the intermediate term and is less than at the long-term 12. the last one long-term trends are more important than intermediate which are more important than short term, tyler developed a scale where he ranks long-term trend 5, intermediate term trend 3, short-term with a 1 (note: if you add both 3 & 1 its still smaller then 5) if you add together my intermediate term weighting of 3 and the short term weighting of 1 that you do not equal the long term weighting of 5 that means that both the short and the intermediate term can be going in a direction but that does not negate the direction of the long term trend it's a simple way of looking at it and I use the word in number 12 important not simply to mean importance in terms of the weighting system but the probability of success of each of those 3 so if you're using a short term 15 minute 30 minute one hour signals or probability of success drops dramatically and therefore you've got to factor in where your stops are relative to that probability when you're in a long term trend a five waiting you don't need to use stops when you're in an intermediate term trend you've got to use stops and when you're in a short term trend you've got to use closed stops official website- lucidinvestmentstrategies.com
Indicatore Pine Script®
di anacondabitch
7
Pivot Point Monthly - bitcoin by Simon-RoseMonthly Version: I have written 3 Indicators because i couldn't find what i was looking for in the library, so you can turn each one on and off individually for better visibility. This are Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points and also on the Daily with the range between them. I will also publish some Ideas to show you how to use them if you are not familiar with the traditional pivot points strategy already. Unlike the usually 3 support & resistances i added 4 of them, specifically for trading bitcoin (on traditional markets this level of volatility usually never gets touched) Here you can see which lines are what for reference, as the Feature to label lines is missing in Pinescript (if you have a workaround pls tell me ;) ) This is the basic calculation used : PP = (xHigh+xLow+xClose) / 3 R1 = vPP+(vPP-Low) R2 = vPP + (High - Low) R3 = xHigh + 2 * (vPP - Low) R4 = xHigh + 3 * (vPP - Low) S1 = vPP-(High - vPP) S2 = vPP - (High - Low) S3 = xLow - 2 * (High - PP) S4 = xLow - 3 * (High - PP) If you have any questions or suggestions pls write me :) Happy trading Cheers Daily Version: Weekly Version:
Indicatore Pine Script®
di Simon-Rose
Pivot Points Daily - bitcoin by Simon-RoseDaily Version: I have written 3 Indicators because i couldn't find what i was looking for in the library, so you can turn each one on and off individually for better visibility. This are Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points and also on the Daily with the range between them. I will also publish some Ideas to show you how to use them if you are not familiar with the traditional pivot points strategy already. Unlike the usually 3 support & resistances i added 4 of them, specifically for trading bitcoin (on traditional markets this level of volatility usually never gets touched) Here you can see which lines are what for reference, as the Feature to label lines is missing in Pinescript (if you have a workaround pls tell me ;) ) This is the basic calculation used : PP = (xHigh+xLow+xClose) / 3 R1 = vPP+(vPP-Low) R2 = vPP + (High - Low) R3 = xHigh + 2 * (vPP - Low) R4 = xHigh + 3 * (vPP - Low) S1 = vPP-(High - vPP) S2 = vPP - (High - Low) S3 = xLow - 2 * (High - PP) S4 = xLow - 3 * (High - PP) If you have any questions or suggestions pls write me :) Happy trading Cheers Weekly Version: Monthly Version:
Indicatore Pine Script®
di Simon-Rose