Bollinger Band Crossover SignalI'm a little surprised I couldn't find a BB crossover script on here since I've always used it on other charting software. So of course I had to write one in for TradingView.
Essentially what this script signifies are price breakouts when price crosses over the upper BB band. So what it shows is that market conditions are entering overbought territory.
Length is set to 20 and Standard Deviation is set to 2. These are the default settings.
The way I use the script is to identify breakouts in price, as well as a signal to start scaling out of a position if I am already in one.
Signals
Confluence of Indicators and Signals v1 skvWhy this script
This script will display the buy or sell signals received from indicators, super trend, adx, rsi, macd, sma, and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping with 5 minutes time frame only after the signals are understood clearly.
How to use
Strong Buy - when series of buy/long signals generated by indicators, bright green up arrow indicates momentum/strength
Strong Sell - when series of sell/short signals generated by indicators, bright orange down arrow indicates momentum/strength
Exits - use the pivot lines, or the RSI-LX, SX exit signals. Also combine with Bollinger Bands to understand the exit points.
Look for reversals at pivot resistance and support.
Disclaimer
1. Only for educational purpose
2. Intraday scalping strategies only and on 5 min timeframe
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
TradeChartist Plotter™TradeChartist Plotter is an extremely useful and adaptive indicator that connects to any oscillator to plot highs and lows, Divergences and also Bull and Bear Zones based on the Oscillator and user input to filter zones. When plotted as normal or Heikin Ashi price bars/candles, the divergences can be plotted on price bars and in addition ™TradeChartist MA Visualizer can be plotted and used to filter trade zones derived from the Oscillator connected.
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™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗣𝗹𝗼𝘁𝘁𝗲𝗿 𝗨𝘀𝗲𝗿 𝗠𝗮𝗻𝘂𝗮𝗹
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To connect an oscillator to ™TradeChartist Plotter, follow the steps below.
From the ╔═══ 𝗣𝗹𝘂𝗴 𝗢𝘀𝗰𝗶𝗹𝗹𝗮𝘁𝗼𝗿 ═══ 🔌 dropdown, choose the Oscillator plot which is active on the chart.
Choose the Oscillator Smoothing factor if smoothing is not available on the original oscillator plot by using the Osᴄɪʟʟᴀᴛᴏʀ Sᴍᴏᴏᴛʜɪɴɢ input box.
Enter Upper and Lower Bands for the Oscillator plot that helps detect Highs/Lows, Divergences, Trade Zones etc. by using the Uᴘᴘᴇʀ Bᴀɴᴅ and Lᴏᴡᴇʀ Bᴀɴᴅ input boxes. For example, for oscillators like RSI, bands can be 60/40 or 70/30 or even 50/50 to help filter highs/lows on Oscillator and the main price chart based on Oscillator values above Upper Band and Oscillator values below Lower Band.
Osᴄɪʟʟᴀᴛᴏʀ Bᴀsᴇ Lɪɴᴇ is required especially for Oscillators that don't have 0 as its base line. For example, RSI, Stochastic etc. oscillate between 0 and 100. For Oscillators like these, a base line value is really useful on ™TradeChartist Plotter especially to detect Divergences, Highs/Lows, Trade Zones and even to plot the Oscillator as a Histogram or Area plot.
Pʟᴏᴛ Bᴀsᴇ Lɪɴᴇ ᴀɴᴅ Bᴀɴᴅs plots base line and the bands if Oscillator plot is chosen.
There are three plot types under Pʟᴏᴛ Tʏᴘᴇ and they are
══ Plot Oscillator - This option plots the connected Oscillator
══ Plot Price Candles - This option plots price candles and if overlaid on main chart, Highs/Lows, Divergences etc can be visualized along with ™TradeChartist MA Visualizer if enabled.
══ Plot Price Bars - This option plots price bars and if overlaid on main chart, Highs/Lows, Divergences etc can be visualized along with ™TradeChartist MA Visualizer if enabled.
Pʟᴏᴛ HA Cᴀɴᴅʟᴇs/Bᴀʀs plots Heikin Ashi candles/bars. It doesn't affect the Oscillator plot or in anyway alter the Oscillator plot.
Pʟᴏᴛ Sᴛʏʟᴇ dropdown has three types of styles - Line, Histogram and Area plot styles for the Oscillator plot.
Pʟᴏᴛ Pʀɪᴄᴇ Hɪɢʜs ᴀɴᴅ Lᴏᴡs plots the price highs and price lows corresponding to the Bull and Bear zones of the Oscillator connected.
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╔═════════ 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 ═════════╗
MA Visualizer is a powerful and very useful original ™TradeChartist visual method to plot Moving Averages of the close price of the security for user specified look back period in a visually appealing style in the form of colour coded bands. MA Visualizer not only helps the trader spot the price action of the security relative to the moving average, but also paints a visual picture of the trend strength, which must be seen and used on chart to appreciate its elegance. One of 15 different types of Moving Averages can be used to visualize the price action.
Activate 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 and choose the MA type from MA Vɪsᴜᴀʟɪᴢᴇʀ Tʏᴘᴇ dropdown and entering the lookback period in MA Vɪsᴜᴀʟɪᴢᴇʀ ᴘᴇʀɪᴏᴅ input box.
MA Visualizer colour theme can be be changed from MA Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ dropdown.
The faster of the two set of bands that form the MA Visualizer reacts to price action faster and can be clearly seen from its change of colour from Bull Colour to Bear Colour or vice-versa earlier than the slower set of bands. The fill colour between the bands also helps the user stay in a trade or exit a trade based on other confirmators.
Enabling Dᴀᴢᴢʟɪɴɢ Vɪsᴜᴀʟɪᴢᴇʀ makes the Visualizer dazzle. Uncheck this option for normal view of MA Visualizer.
𝐔𝐬𝐞 𝐌𝐀 𝐕𝐢𝐬𝐮𝐚𝐥𝐢𝐳𝐞𝐫 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐥𝐭𝐞𝐫 filters the trade zones based on MA Visualizer's trend agreeing with the Oscillator trend. Fɪʟᴛᴇʀ Eᴀʀʟʏ Vɪsᴜᴀʟɪᴢᴇʀ Bʀᴇᴀᴋᴏᴜᴛs filters the trades based on faster MA Visualizer plot's trend.
Also, enabling Pʟᴏᴛᴛᴇʀ Bᴀᴄᴋɢʀᴏᴜɴᴅ Fɪʟʟ under 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 helps detect the trade zones with or without the MA Visualizer filter enabled.
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╔═══════ 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲𝘀 ═══════╗
Plotter detects both Regular and Hidden Bullish (in a Bear Zone) and Bearish Divergences (in a Bull Zone) at every occurence based on the Oscillator connected. This can be filtered by the use of filtering by Upper and Lower Band values in the Oscillator section. Divergences can also be plotted on price bars based on Pʟᴏᴛ Tʏᴘᴇ .
To plot divergences, enable 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲𝘀, Sʜᴏᴡ Rᴇɢᴜʟᴀʀ Dɪᴠᴇʀɢᴇɴᴄᴇs and Sʜᴏᴡ Hɪᴅᴅᴇɴ Dɪᴠᴇʀɢᴇɴᴄᴇs .
Users can further filter Divergences by entering the number of bars to the right in Rɪɢʜᴛ ʙᴀʀs ғᴏʀ Pɪᴠᴏᴛ Cᴏɴғɪʀᴍᴀᴛɪᴏɴ input box to confirm the Price Pivot (for Regular divergences) and Oscillator Pivot (for Hidden Divergences).
Note: Divergences can not be traded at every instance or as a standalone indicator. It just indicates a possibility of strength exhaustion and should not be trusted during a trending market. Higher smoothing (done sensibly) also filters divergences. Divergence can be a strong confirmator once a reversal is detected. For example, using MA Visualizer can help confirm a divergence and vice-versa to identify the trend changes. This means that the confirmations may happen after a few bars since the divergence in agreement with the MA Visualizers trend change.
The example chart of 4hr BTC-USDT chart shows the Divergences filtered by use of RSI 60/40 bands, MA Visualizer and Regression channel trends. It is important to note that the trend intensity colour on the plot and bars (if bar colour option is enabled) will help detect if the Divergence would hold.
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╔═══════ 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 ═══════╗
Pʟᴏᴛᴛᴇʀ Bᴀᴄᴋɢʀᴏᴜɴᴅ Fɪʟʟ - Plots background fill based on Bull and Bear Zones based on the Oscillator connected and the filters used.
Plotter offers two vibrant Colour Themes, namely Chilli and Flame , which can be opted from Pʟᴏᴛᴛᴇʀ Tʜᴇᴍᴇ dropdown. These themes also offer the option to plot the trend intensity on the price bars as bar colours by enabling Cᴏʟᴏᴜʀ Bᴀʀs . Bar colors can also be inverted using Iɴᴠᴇʀᴛ Bᴀʀ Cᴏʟᴏᴜʀ option.
Users can also choose to use the Simple theme and choose preferred colours from Sɪᴍᴘʟᴇ Tʜᴇᴍᴇ ʙᴜʟʟ Cᴏʟᴏᴜʀ and Sɪᴍᴘʟᴇ Tʜᴇᴍᴇ ʙᴇᴀʀ Cᴏʟᴏᴜʀ colour input.
Note : The indicator does not repaint and can be confidently used for alerts and trade entries without worrying about plots disappearing after bar close.
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Example Charts
1. EUR-USD 15m chart with 3 Plotters on chart, 1 with ™TradeChartist MDO , 1 on main chart and 1 HA Bar chart showing various ways of plotting highs/lows, divergences and Trade zones using 55 period LSMA MA Visualizer.
2. XAU-USD 15m chart with Chande Momentum Oscillator connector to Plotter with 200 period SMA Visualizer used as Trade Filter.
3. LINK-USDT 1hr chart with ™TradeChartist Risk Meter connected to Plotter with 144 period Hull MA Visualizer as Trade filter on Main chart with Divergences plotted based on Risk Meter Volatility Risk Oscillator.
4. Example 3 above with Plotter's Trend Identifier connected to ™TradeChartist Plug and Trade as Oscillatory Signal with Past performance and trades plotted.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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ADOL_ BOT SYSTEM(ABS)English))
ADOL_ BOT SYSTEM(ABS) : : Entry, Stop Loss, Profit Loss (Liquidation), Breakthrough, Push/Rebound, Support/Resistance, Wave Assistance, Trend Line Assistance, Momentum (Intensity) Signals All indicators //
Concept tree)
Entry) Long is the entry of long, and the short is the entry of short. Start trading after the signal generation peak ~ the next peak. H is the standard for HH breakthrough long and L is for LL breakthrough shot.
Stop loss) The low/high point of the signal bar becomes the stop loss at the time of entry (consider continuous flow). If the wave suddenly breaks before you start doing a profit, a stop loss or a full cut is recommended.
Liquidation) L Blue is a recommended spot for long liquidation and S Blue is a short liquidation. Even if you trade according to the trend, it is recommended to liquidate in installments (or total liquidation) when a liquidation signal occurs.
Use) You can draw a trend line according to the wave flow. The small shape of the wave assists the flow of the wave. Check the down-long and up-short signals, and determine the advantageous section.
Support/Resistance) The support/resistance line is a high probability of an inflection point, but it is often the baseline for a limit trade because it can be retested.
Application) The support/resistance line exerts a strong effect when it is overlapped with the ghost candle and box circle.
Explained by chart:
한국어))
아돌봇시스템(ABS) : : 진입, 손절, 익절(청산), 돌파, 눌림/반등, 지지/저항, 파동보조, 추세선 보조, 모멘텀(강도) 신호 전부 표시기 //
개념트리)
진입) 롱은 롱의 진입, 숏은 숏의 진입 시그널입니다. 시그널 발생봉 ~ 다음봉 이후 거래를 시작합니다. H는 HH돌파롱, L은 LL돌파숏의 기준이 됩니다.
손절) 시그널봉의 저점/고점은 진입시의 손절가가 됩니다(연속된 흐름 고려). 익절을 하기전에 갑자기 웨이브가 깨지면 손절이나 본절이 추천됩니다.
청산) L청은 롱의 청산, s청은 숏의 청산 추천자리입니다. 추세를 따라 트레이딩을 하더라도 청산시그널 발생시 분할청산(or전량청산)을 권장합니다.
활용) 웨이브의 흐름에 맞춰 추세선 긋기를 할 수 있습니다. 웨이브의 작은형은 파동의 흐름을 보조합니다. 내림롱, 오름숏 시그널을 확인하고, 유리한 구간을 판단합니다.
지지/저항) 지지/저항선은 높은 확률의 변곡점이지만, 종종 리테스트를 할 수 있기 때문에 지정가 매매의 기준선이 됩니다.
응용) 지지/저항선은 고스트캔들, 박스권과 중첩시 강력한 효과를 발휘합니다.
차트로 설명 :
use and more strategy - send PM (더 많은 전략과 사용 - PM보내기) ▼ ▼ ▼ ▼
RogTrader AlgoA simple BUY/SELL algorithm based on Moving Averages (EMA), MACD, RSI, Stochastic, ADX, ATR, CCI, OBV, Pivot Points, and Parabolic Sar, and Volume averaged.
Simple algo that uses multiples indicator strengths and weight them to generate buy and sell signals
Indicator strengths are displayed on each candle (green is bullish and red is bearish)
Green Buy and Red Sell shall be primarily used for long positions
Bull and Bear Strengths are created based on Price Action, and Volume, the length of the array shows upward or downward strength
Indicators' Signal Strength shows number Indicators' indication for the direction.
Bollinger Bands are in red and green filled
VWAP Bands are in gray, green, and red
Linear Regression is the blue line
Check multiple timeframes.
RSI Chart Bars 8 55 45Dear Traders
This RSI 8 period made for perfect entry for Long and Short for Intraday/Scalping in any time frame, when RSI 8 crossed above 55 the Candle charged to White then you can go for Long/Buy and when crossed below 45 the Candle changed to Yellow so you can go for Short/Sell, it working in any time frame.
Thanks & Regards
Nesan
GreenCrypto Strategy
This strategy majorly uses MA, Tilson and S&R. MA is used for predicting the trend, Instead of normal cross-over of the MA, we are calculating the trend of the MA itself (whether MA is moving upward or downward by comparing the previous and current value of MA), along with MA we also use Tilson to calculate the MA.
Once we have MA and Tilson we take average and merge both MA and Tilson MA to get a double confirmation on the trend of the market. for entry and exit we use S&R with the merged MA, if the trend change is at the support or resistance level we go for LONG/SHORT respectively. Here we are doing continuous LONG+SHORT position, this provides more opportunity to capture unexpected market trend.
Enter a Long Trade when the script shows "Long" and exit either when you get "Short" signal or when it meets your target.
Parameters:
"Use 1:EST, 2:SST, 3:HST ?" : Select EMA , SMA or HullMA (works best on HullMA)
Length: Length of the EMA / SMA /HullmA
Factor: Used for calculation of Tilson and the Support and resistance .
Date/month/day : for selecting the right backtesting the period (currently it set to Jan 2018 to current day )
for this backtesting i have used 1000$ capital and 0.02% commission for each trade.
This strategy works best on 4H time fram but you can also use it on 1 day or higher timeframe charts
The default config present in this script is designed for ETH but it will also work with other coins)
Config for Specific Crypto coins (Please feel free to try out other configs also) :
ADA, BNB, EOS : "Use 1:EST, 2:SST, 3:HST ?" = 3
"Length" = 8
"Factor" = 0.9
ETC, XLM : "Use 1:EST, 2:SST, 3:HST ?" = 3
"Length" = 8
"Factor" = 0.85
Please DM me if you would like to tryout 7 Days free trail.
[Study] GreenCrypto Signal You can find the backtesting result of this indicator in here:
This indicator majorly uses MA, Tilson and S&R. MA is used for predicting the trend, Instead of normal cross-over of the MA, we are calculating the trend of the MA itself (whether MA is moving upward or downward by comparing the previous and current value of MA), along with MA we also use Tilson to calculate the MA.
Once we have MA and Tilson we take average and merge both MA and Tilson MA to get a double confirmation on the trend of the market. for entry and exit we use S&R with the merged MA, if the trend change is at the support or resistance level we go for LONG/SHORT respectively. Here we are doing continuous LONG+SHORT position, this provides more opportunity to capture unexpected market trend.
Enter a Long Trade when the script shows "Long" and exit either when you get "Short" signal or when it meets your target.
Parameters:
"Use 1:EST, 2:SST, 3:HST ?" : Select EMA , SMA or HullMA (works best on HullMA)
Length: Length of the EMA / SMA /HullmA
Factor: Used for calculation of Tilson and the Support and resistance .
This indicator works best on 4H time frame but you can also use it on 1 day or higher timeframe charts
The default config present in this script is designed for ETH but it will also work with other coins)
Config for Specific Crypto coins (Please feel free to try out other configs also) :
ADA, BNB, EOS : "Use 1:EST, 2:SST, 3:HST ?" = 3
"Length" = 8
"Factor" = 0.9
ETC, XLM : "Use 1:EST, 2:SST, 3:HST ?" = 3
"Length" = 8
"Factor" = 0.85
Please DM me if you would like to tryout 7 Days free trail.
Thanks
[NLX-L2] Renko Flip- Renko Flip -
This indicator give you signals based on non-repainting Renko blocks (ATR based) on regular candle charts and is Multi-Timeframe compatible.
- Example: How to Use -
1. Add a Trend Indicator like Trend Index MTF to your chart
2. Add this Renko Flip Indicator to your Chart and select the Trend Index MTF with Type L1 in the Settings as Signal Source
3. Add the Backtest Module to your Chart and select the Renko Flip Signal with Type L2 as Source
The Hurst-Exponent-Signal-Filter can be used as well, simply add it in between the Renko Flip and Backtest/Alert module :)
- Alerts for Automated Trading -
See my signature below. Contact me for the Alert module.
[NLX-L2] Hurst Exponent Signal Filter- Hurst Exponent Signal Filter -
The Hurst Exponent Signal Filter is meant to be used with an external signal source, this can be any indicator with a signal plot output (-1 Sell / 1 Buy)
It filters out a lot of noisy signals and improves the performance of many indicators.
- Example: How to Use -
1. Add a trend Indicator like Trend Index MTF to your chart
2. Add an indicator with a signal plot like Fishers Stochastic Center of Gravity to your Chart and select the Trend Index MTF with Type L1 in the Settings as Signal Source
3. Add this Hurst Signal Filter to your Chart and select the Fishers Stochastic Center of Gravity with Type L2 in the Settings as Signal Source
4. Add the Backtest Module to your Chart and select the Hurst Signal Filter with Type L2 as Source
- Alerts for Automated Trading -
See my signature below. Contact me for the Alert module.
Logistic EMA w/ Signals by DGTLogistic Map Equation - The logistic map connects fluid convection, neuron firing, the Mandelbrot set and so much more.
This study is an attempt to apply Logistic Map Equation in Trading
Logistic Map Equation
Xn+1 = r * Xn * (1 - Xn)
Where,
r - growth rate
Xn - percentage of theoretical maximum of measured event (from 0 to 1)
(1 - Xn) - represents constraints of the environment, presents the idea of negative feedback
For trading the measured event will be the price of the instrument (price is commonly reffered as source in mathematicall forumlations),
hence
r - growth rate can be expressed as => change(source, length) / source, expressing r in such manner mades the equation dynamic with regards to the growth rate
Xn - percentage of theoretical maximum of the price for given duration can be expressed as => source / highest(length)
Putting pieces together we are ready to plot
Printed alone does not seem to provide much useful visualization for trading, in fact not easy to interpret especially when the market is an uptrend
What it has numerically,
Provides a ratio, where sudden changes are much more reflected thanks to negative feedback nature of the logistic equation.
As we know moving average indicators are lagging and the logistic map may fit here to reduce the lag
With this study you will find application of Logistic Map Equation with combination of Exponential Moving Average (EMA)
Logistic EMA (LEMA) and LEMA COLORS
one line with user defined periods of length, where the colors of the line will change automatically depending where the value is compared to 50-100-200 moving average
Multiple LEMAs : optional – three fixed lenght of 50-100-200 period lines
LEMA Signals
Various signals are added by using LEMA and applying some common market approaches. Use with caution and with conjunction of other indicators
Thanks to @allanster for the idea
A fascinating YouTube video explaining the logistic map - “This equation will change how you see the world (the logistic map)”
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 constitute professional and/or financial advice. You alone have 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
ELLIPSE: Bidirectional Swing Trading Strategy (Strategy Version)The eternal question that has occupied humanity since its early existence is what is the meaning of life and why am I here? On a daily basis this quest for meaning is distilled into a somewhat simpler question: What is the reason for getting up every morning?
For many of us, these thoughts arise even more as autumn arrives and it gets dark, bleak and cold outside. I guess it is easier to forget about the meaning of your life, while swimming on a sandy beach, enjoying a cocktail. Than you are living you life and you don’t need to rationalize it. Everything makes perfect sense!
In winter however, you need to get more “creative”. I, for example, would always try to change my perspective of things by doing something that makes my heart beat faster, like drinking a bottle of Heineken on a Friday evening or having endless conversations with my mates about stupid things, or kicking a ball against BALLONTHEROOF 7 on a Saturday morning. During the week, I would take out my frustrations on the fitness equipment at the local gym.
But what if all of this is canceled by CORONA? All that’s left is to work for the boss and run your 10km lap twice a week. The question is, what do you do now, with this huge amount of ”free” time than any old person would give anything for. When you are young time is never ending, when you are older it is never enough. Time has reached a different dimension in these days.
However, you can still do 2 things. You can slowly let the walls come to you and give up or you can actually do something useful with your time and find something that you are good at.
For us this choice was easy. After the success of our positioning trading strategy the MATRIX, at the time of the corona lockdown, we started making a swing trading strategy for the 4H timeframe, called ELLIPSE. We have included all feedback and any improvements we received about the positioning strategy and integrated it into the 4H script.
The main requirements of the script that we had set ourselves were:
Bidirectional
Low max drawdown
High profit factor
Works on all main crypto coins
By fully focusing ourselves on the script over the past few months, I can’t help but (unhumbly) say that we have not only succeeded in our mission, but that we have absolutely surpassed ourselves!
The only bright spot in this heavy corona time is, if a drug becomes available, there is extra money in the bank!
***The script is invite-only, message us to get script access***
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User Guidelines:
The trading strategy was designed and optimized for trading cryptocurrencies only; furthermore it works best on established cryptocurrencies that have a clear historical trend such as:
BTCUSD
ETHUSD
LTCUSD
XRPUSD
ADAUSD
The trading strategy is based on swing trading methodology. The script must therefore be used on 4h candles only .
Use USD trading pairs only (e.g. use ETHUSD instead of the ETHBTC) since the individual trend is captured more effectively and therefore gives better results.
The trading strategy is bidirectional , both long and short entries are generated.
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Indicators used in this strategy:
Ichimoku Cloud ; acts as the leading indicator.
Volume ; without strong volume , a market move is not valid.
MACD and Vortex ; both being used as confirmation indicators.
Choppiness index ; avoids trading in choppy markets.
Simple and Exponential Moving Averages ; prevents trading against the trend.
The trading strategy is easy to use, bidirectional, trend based and without repainting, meaning once a signal has been made it is permanent and that no future data is used in the decision making. It detects the trend and filters out market noise based on more than 10 technical indicators. ONLY when all indicators align with each other the algorithm prints a LONG or SHORT signal. The trading strategy provides high probability trading signals and minimizes risk! This script aims to capture the profit from short to medium trending moves and by doing so filters out non-substantial trends and avoids the associated risks with these trades.
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Features:
NO Repaint once candle is closed.
Stop loss feature ; set your own stop loss to manage your risks.
Customizable Display for the Ichimoku cloud indicator display.
Bidirectional ; both long and short trading positions can be enabled.
Full backtest feature ; Easily generate your own backtest results for each asset (Strategy Version Script).
Alerts ; Get notified via email / pop-up / sms / app once a signal is given! (Alert Version Script).
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Backtest results
Below are the back test results. Only well established cryptocurrencies are displayed with a clear historical trend:
Long and short trading positions,
Signal to signal trading (no multiple orders),
Initial Capital: 10 000 USD,
Order size: 10% of equity per trade,
commission fee 0.1%, period: start of chart,
Exchange-----Asset------Timeframe---Percent Profitable----Profit Factor---Total Trades----Max Drawdown----------Net Profit------
Bínance------BTCUSDT------4H-----------------54.4---------------5.32-----------------57----------------1.58%------------40.34%-(4034 USD)
Bínance------ETHUSD-------4H-----------------50.9---------------5.01---------------- 57----------------2.96%------------54.93%-(5493 USD)
Bínance------LTCUSD--------4H-----------------61.0---------------5.08-----------------59----------------2.09%------------57.06%-(5706 USD)
Bínance------XRPUSD-------4H-----------------43.13--------------3.52-----------------51----------------2.42%------------43.13%-(4313 USD)
Bínance------ADAUSD-------4H-----------------57.5---------------3.36-----------------47----------------3.46%------------40.82%-(4082 USD)
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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.
***The script is invite-only, message us to get script access***
CSRS v2Candlesticked RSI v2 for price action traders!
See the True Momentum.
6 chart type, smooth RSI , add signal lines, find divergences, special alerts
This is 2nd version with major upgrade
Improved and more powerful
fully customizable.
features:
See RSI in 6 type of chart(Candles, Hollow Candles, Siwi Candles, Heikin Ashi, HL Bar, Line)
Monitor Up to 3 RSI , each one at desired resolution, source and length
Smooth each one of chart separately to remove noises
Add up to 3 signal line to primary chart in your desired source and type( SMA , EMA , WMA , HMA )
Find divergences which has special parameters
Gradient color adjustment of line chart
Add alert for reaching to important levels and detected divergences
ELLIPSE: Bidirectional Swing Trading Strategy (Alert Version)This is the alert version of our original script ELLIPSE: Ultimate Bidirectional Swing Trading Strategy.
This release has the same internal algorithm as the ELLIPSE Strategy script. But instead of showing back test results, this script provides the functionality to add alerts that can notify the user via email / pop-up / sms / app once a signal is given! You must manually add these alerts via TradingView. If you need help setting up these alerts, feel free to ask in the comment box or send us a dm.
***The script is invite-only, message us to get script access***
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User Guidelines:
The trading strategy was designed and optimized for trading cryptocurrencies only ; furthermore it works best on established cryptocurrencies that have a clear historical trend such as:
BTCUSD
ETHUSD
LTCUSD
XRPUSD
ADAUSD
The trading strategy is based on swing trading methodology. The script must therefore be used on 4h candles only .
Use USD trading pairs only (e.g. use ETHUSD instead of the ETHBTC) since the individual trend is captured more effectively and therefore gives better results.
The trading strategy is bidirectional , both long and short entries are generated.
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Indicators used in this strategy:
Ichimoku Cloud ; acts as the leading indicator.
Volume ; without strong volume , a market move is not valid.
MACD and Vortex ; both being used as confirmation indicators.
Choppiness index ; avoids trading in choppy markets.
Simple and Exponential Moving Averages ; prevents trading against the trend.
The trading strategy is easy to use, bidirectional, trend based and without repainting, meaning once a signal has been made it is permanent and that no future data is used in the decision making. It detects the trend and filters out market noise based on more than 10 technical indicators. ONLY when all indicators align with each other the algorithm prints a LONG or SHORT signal. The trading strategy provides high probability trading signals and minimizes risk! This script aims to capture the profit from short to medium trending moves and by doing so filters out non-substantial trends and avoids the associated risks with these trades.
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Features:
NO Repaint once candle is closed.
Stop loss feature ; set your own stop loss to manage your risks.
Customizable Display for the Ichimoku cloud indicator display.
Bidirectional ; both long and short trading positions can be enabled.
Full backtest feature ; Easily generate your own backtest results for each asset (Strategy Version Script).
Alerts ; Get notified via email / pop-up / sms / app once a signal is given! (Alert Version Script).
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Backtest results
Below are the back test results. Only well established cryptocurrencies are displayed with a clear historical trend.
Back test results: (long and short trades, signal to signal, order size: 100% of equity, commision fee 0.1%, period: start of chart)
Exchange-----Asset---------Timeframe---Percent Profitable----Profit Factor-----Total Trades----Max Drawdown---Average bars in trade-----Net Profit
Bínance------BTCUSDT---------4H-----------------54.4---------------3.37-------------------57----------------14.9---------------------38------------------1978
Bínance------ETHUSD----------4H-----------------50.9---------------3.48------------------- 57---------------26.8----------------------37------------------3953
Bínance------LTCUSD-----------4H-----------------61.0---------------3.15-------------------59----------------20.9---------------------33------------------3098
Bínance------XRPUSD----------4H-----------------43.1---------------2.44--------------------51---------------22.4----------------------26------------------1226
Bínance------ADAUSD----------4H-----------------57.5---------------3.47--------------------47---------------34.7----------------------35------------------1233
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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.
***The script is invite-only, message us to get script access***
[NLX-L2] QQE++- NLX Modular Trading Framework -
I've written this QQE Indicator from scratch and the functionality is self-explaining.
The Qualitative Quantitative Estimation (QQE) indicator is computed based on a combination of smoothed RSI and the average true range.
- Getting Started -
1. Add this QQE Indicator to your Chart
2. Add the Backtest module to your Chart
3. Select the QQE Indicator in the Backtest Settings
- Alerts for Automated Trading -
This module is coming soon and you will be able to create alerts for the QQE Signals as part of my framework.
See my signature below for more information.
- Note -
The high win-rate in the backtest is the result of taking partial take-profits in between trade entry and exit.
Don't be fooled, it's impossible to achieve 80% profitable trades but due to take-profit orders 80% of the trades at least secure some profit.
MACD and EMA200 With SignalsThis is my first indicator. It PROVIDES BUY, SHORT, and FALSE Signals by taking the MACD and the 200EMA.
The MATRIX: Ultimate Crypto Position Strategy (Alert Version)Welcome back everyone,
It's been a while since our last post. In recent months we have worked on all kinds of projects, but more on that later. In the meantime, we also received a lot of positive feedback about our original 'The MATRIX: Ultimate Crypto Position Strategy' script.
One of the many requests was whether we could release an alert version.
However, since Pinescript does not provide the alert functionality in a strategy type script, it had to be converted to a study type script. Besides that, we have also added a stop-loss functionality. This release has the same internal algorithm as the original 'The MATRIX: Ultimate Crypto Position Strategy' script. But instead of showing back test results, this script provides the functionality to add alerts that can notify the user via email / pop-up / sms / app once a signal is given! You must manually add these alerts via TradingView. If you need help setting up these alerts, feel free to ask in the comment box or send us a dm.
***The script is invite-only, message us to get script access***
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The MATRIX: Ultimate Crypto Position Strategy should be used as follows:
• The trading strategy was designed and optimized for trading cryptocurrencies only ; furthermore it works best on established high market cap cryptocurrencies that have a clear trend such as:
BTCUSD
ETHUSD
LTCUSD
XRMUSD
EOSUSD
ADAUSD
DASHUSD
ETCUSD
• The trading strategy is based on swing/position methodology. The script must therefore be used on daily timeframe candles only (1D).
• Use USD trading pairs only (e.g. use ETHUSD instead of the ETHBTC) since the individual trend is captured more effectively and therefore gives better results.
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The MATRIX:Ultimate Crypto Position Strategy is based on the following indicators:
• Ichimoku Cloud ; acts as the leading indicator.
• Volume ; without strong volume , a market move is not valid.
• MACD and Vortex ; both being used as confirmation indicators.
• Choppiness index ; avoids trading in choppy markets.
• Bullish/ Bearish Regular Divergences in combination with RSI to spot tops and bottoms.
• Simple and Exponential Moving Averages ; prêvents trading against the trend.
The trading strategy is easy to use, trend based and without repainting, meaning once a signal has been made it is permanent and that no future data is used in the decision making. It detects the trend and filters out market noise based on more than 10 technical indicators. ONLY when all indicators align with each other the algorithm prints a BUY or SELL signal. The trading strategy provides high probability trading signals and minimizes risk! This script aims to capture the profit from longer term trending moves and by doing so filters out non-substantial trends and avoids the associated risks with these trades.
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The MATRIX: Ultimate Crypto Position Strategy has the following features:
• ALERTS can be enabled which can notify the user through email/popup/app once a signal is given.
• Automatically generated Buy / Sell alerts in the form of a label.
• NO Repaint once candle is closed.
• SAFEGUARD ; custom built-in security prevẹnts trading when the price is out of equilibrium.
• Customizable Display for the Ichimoku cloud indicator display.
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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.
***The script is invite-only, message us to get script access***
Super Guppy StrategyCM Super Guppy with Long/Short signals, backtesting, and additional options. Updated for PineScript v4.
COINBASE:BTCUSD
Features 2 primary modes, depending on your risk profile. These options are available in the settings:
"Early Signals" ON (default):
Prints a "long" on grey to green transitions AND red to gray transitions.
Prints a "short" on green to grey transitions AND gray to red transitions.
Will not print back-to-back repeated positions (i.e. green → grey → red will only print the first green → gray "short" signal and not print "short" twice).
Rotates long and short positions with no delay.
"Early Signals" OFF
Will close trades, but never open new ones, when guppy transitions to from any color to gray.
Open long: guppy transitions gray to green.
Close long: guppy transitions green to gray.
Open short: guppy transitions gray to red.
Close short: guppy transitions red to gray.
Does not rotate long and short positions back to back.
Additionally:
Can toggle on/off the 200EMA. Default is off.
Can toggle on/off short positions. Default is on.
In development: alerts
cosmic scalperCosmic Scalper is an intuitive & exotic trading engine, designed to Identify Trend, visually highlight our “Zone of Interest” & plot entry lines at its base, like a barcode, providing critical information to the trader’s mind in a clean, elegant way without cluttering the chart.
Components Of Script :
1. Trend Support Cloud : Based on Fibonacci ratio, the cloud has 3 layers or bands.
2. Entry Engine : The last band of the cloud gets highlighted when we enter “Zone of Interest” & vertical lines appear indicating possible entry points. Together this forms a trend fingerprint.
Mechanism Of Action :
1. Identify trend : The script observers multiple parameters on higher timeframes to identify trend & plots the fibonacci based 3 layer trend support cloud. The script will indicate a change of trend when the last band is breached & sustained.
2. Zone Of Interest : Once a trend is identified, we are looking for entries. But we wait for the other side to get exhausted first. When exhaustion is identified, the last band of the cloud gets highlighted. This “exhaustion” is measured using bespoke datasets created within the protocol. Conventional datasets like RSI, VWAP, MACD etc are only used as secondary or tertiary layer of information.
3. Entries : Once we have entered the highlighted ‘Zone of Interest’ the script will offer entry points represented by vertical lines in the last band, this Highlight + Vertical Lines together forms the trend fingerprint, giving traders crucial visual information to make informed decisions.
How to use :
1. Make a Higher Timeframe Analysis, 4hr, 6hr or Daily timeframe. Use TA or Bollinger Bands.
2. Once you have an informed bias, switch to the Cosmic Scalper on 1min timeframe to take position.
3. Target, Stop, Leverage : at user discretion
Have Questions? Feel free to PM me on TradingView
Ampleforth Rebase MACDThis script reveals Ampleforth rebase levels which are going to always work. In addition to that is MACD crossovers serving as potential buy/sell entries. You can set alerts for MACD crossovers and price entering balanced value area (0.96 - 1.06).
MACD signals can be used to automatically open a position and entering a balanced value area can be used as take-profit. Since the price will always move to this level, using this strategy without leverage should be profitable.
Ampleforth seems like a nice asset to trade since it is unlikely to correlate with anything else. At least not when it gets to the extreme levels.
Fractal Trend Trading System [DW]This is an advanced utility that uses fractal dimension and trend information to generate useful insights about price activity and potential trade signals.
In this script, my Advanced FDI algorithm is used to estimate the fractal dimension of the dataset over a user defined period.
Fractal dimension, unlike spatial or topological dimension, measures how complexity or detail in an "object" changes as its unit of measurement changes, rather than the number of axes it occupies.
Many forms of time series data (seismic data, ECG data, financial data, etc.) have been theoretically shown to have limited fractal properties.
Consequently, we can estimate the fractal dimension from this data to get an approximate measure of how rough or convoluted the data stream is.
Financial data's fractal dimension is limited to between 1 and 2, so it can also be used to roughly approximate the Hurst Exponent by the relationship H = 2 - D.
When D=1.5, data statistically behaves like a random walk. D above 1.5 can be considered more rough or "mean reverting" due to the increase in complexity of the series.
D below 1.5 can be considered more prone to trending due to the decrease in complexity of the series.
In this script, you are given the option to apply my Band Shelf EQ algorithm to the dataset before estimating dimension.
This enables you to transform your data and observe how its newly measured complexity changes the outputs.
Whether you want to give emphasis to some frequencies, isolate specific bands, or completely alter the shape of your waveform, EQ filtration makes for an interesting experience.
The default EQ preset in this script removes the low shelf, then attenuates low end and high end oscillations.
The dominant cyclical components (bands 3 - 5 on default settings) are passed at 100%, keeping emphasis on 8 to 64 sample per cycle oscillations.
The estimated dimension is then used to calculate the High Dimension Zone and the Error Bands.
Both of these components are great for analyzing trends and for estimating support and resistance values.
The High Dimension Zone is composed of a high line, low line, and midline that update their values when D is at or above the user defined zone activation threshold.
The zone is then averaged over a user defined amount of updates and zone width is multiplied by a user defined value.
The Error Bands are composed of a high, low, and middle band that are calculated using an error adjusted adaptive filter algorithm that utilizes dimension as the smoothing constant modulator.
The basis filter for the error bands has two calculation types built in:
-> MA - Calculates the filters as adaptive moving averages modulated by D.
-> WAP - Calculates the filters as adaptive weighted average prices modulated by D.
The WAP starting point can be based on the High Dimension Zone being moved or a user defined interval.
You can also define the WAP's minimum and maximum periods for additional control of the initial and decayed sensitivity states.
The alpha (smoothing constant) modulator can be fine tuned using the designated dimension thresholds.
When D is at or below the low dimension threshold, the filter is most responsive, and vice-versa for the high dimension threshold.
Alpha is then multiplied by a user defined amount for additional control of sensitivity.
Band width is then multiplied by a user defined value.
A Hull transformation can be optionally performed on the zone averaging and band filter algorithms as well, which will alter the frequency and phase responses at the cost of some overshoot.
This transformation is the same as a typical Hull equation, but with custom filters being used instead of WMA.
The calculated outputs are then used to gauge the trend for signal and color scheme calculations.
First, a dominant trend indication is selected from its designated dropdown tab.
The available built in indications to choose from are:
-> Band Trend (Outer) - Detects band breakouts and saves their direction to gauge trend.
-> Band Trend (Median) - Uses disparity between source and the band median to gauge trend.
-> Zone Trend (Expansion) - Detects when the high fractal zone expands and saves its direction to gauge trend.
-> Zone Trend (Outer Levels) - Detects zone breakouts and saves their direction to gauge trend.
-> Zone Trend (Median) - Uses disparity between source and the zone median to gauge trend.
Then the trend output is optionally filtered before triggering signals.
There are multiple trend filtration options built into this script that can be used individually or in unison:
-> Filter Trend With High Fractal Zone - Filters the trend using the specified zone level or combination of levels with either disparity or crossover conditions.
There is a set of options for bullish and bearish trends.
-> Filter Trend With Error Bands - Filters the trend using the specified band level or combination of levels with either disparity or crossover conditions.
There is a set of options for bullish and bearish trends.
-> Filter Trend With Band - Zone Disparity Condition - Filters the trend using the specified band level, zone level, and disparity direction.
There is a set of options for bullish and bearish trends.
-> Filter By Zone That Moves With The Trend - Filters the specified trend by detecting when the high fractal zone’s direction correlates.
-> Filter By Bands That Move With The Trend - Filters the specified trend by detecting when the error bands’ direction correlates.
-> Filter Using Wave Confirmation - Filters the specified trend by detecting when source is in a correlating wave with user defined length.
You can also choose separate lengths for bullish and bearish trends.
-> Filter By Bars With Decreasing Dimension - Filters the specified trend by detecting when fractal dimension is decreasing, suggesting source is approaching more linear movement.
The filtered trend output is then used to generate entry and exit signals.
There are multiple options included to fine tune how these signals behave.
For entries, you have the following options built in:
-> Limit Entry Dimension - Limits the range of dimensional values that are acceptable for entry with user defined thresholds.
This can be incredibly useful for filtering out entries taken when price is moving in a more complex pattern,
or when price is approaching a peak and you’re a little late to the party.
-> Enable Position Increase Signals - Enables more entry signals to fire up to a user defined number of times when a position is active.
This is helpful for those who incrementally increase their positions, or for those who want to see additional signals as reference.
-> Limit Number Of Consecutive Trades - Limits the number of consecutive trades that can be opened in a single direction to a user defined maximum.
This is especially useful for markets that only trend for brief durations.
By limiting the amount of trades you take in one direction, you have more control over your market exposure.
There is a set of these options for both bullish and bearish entries.
For exits, you have the following options built in:
-> Include Exit Signals From High Fractal Zone - Enables exit signals generated from either crossover or disparity conditions between price and a specified zone level.
-> Include Exit Signals From Error Bands - Enables exit signals generated from either crossover or disparity conditions between price and a specified zone level.
-> Include Inactive Trend Output For Exits - Triggers exit signals when the filtered trend output is an inactive value.
-> Dimension Target Exit Method - Triggers exit signals based on fractal dimension hitting a user defined threshold.
You can either choose for the exit to trigger instantly, or after dimension reverts from the target by a user specified amount.
-> Exit At Maximum Entry Dimension - Triggers exit signals when dimension exceeds the maximum entry limit.
-> Number Of Signals Required For 100% Exit - Controls the number of exit signals required to close the position.
You can also choose whether or not to include partial exits.
Enabling them will fire a partial signal when an exit occurs, but the position is not 100% closed.
Of course, there is a set of these options for bullish and bearish exits.
In my opinion, no system is complete without some sort of risk management protocol in place.
So in this script, bullish and bearish trades come equipped with optional protective SL and TP levels with signals.
The levels can be fixed or trailing, and are calculated with a user defined scale.
The available scales for SL and TP distances are ticks, pips, points, % of price, ATR, band range, zone range, or absolute numerical value.
Now what if you have some awesome signals of your own that you’d like to use in conjunction with this script?
Well good news. You can!
In addition to all of the customizable features built into the script, you can integrate your own signals into the system using the external data inputs and linking your script.
This adds a whole new layer of customization to the system.
With external signals, you can use your own custom dominant trend indication, filter the dominant trend, and trigger exits and protective stops using custom signals.
The signal input is an integer format. 1=Bull Signal, -1=Bear Signal, 2=Bull Exit, -2=Bear Exit, 3=Bull SL Hit, -3=Bear SL Hit, 4=Bull TP Hit, -4=Bear TP Hit.
You can also use the external input as a custom source value for either dimension or global sources to further tailor the system to your liking.
The color scheme in this script utilizes two custom gradients that can be chosen for bar and background colors:
-> Trend (Dominant or Filtered) - A polarized gradient that shows green scaled values for bullish trend and red scaled values for bearish trend.
The colors are brighter and more vibrant as perceived trend strength increases.
-> Dimension - A thermal gradient that shows cooler colors when dimension is higher, and hotter colors when dimension is lower.
Both color schemes are dependent on the designated dimension thresholds.
The script comes equipped with alerts for entries, additional entries, exits, partial exits, and protective stops so you can automate more and stare at your charts less.
And lastly, the script comes equipped with additional external outputs to further your analysis:
-> Entry And Exit Signals - Outputs in the same format as the external signal input with these additions: 5=Bull Increase, -5=Bear Increase, 6=Bull Reduce, -6=Bear Reduce.
You can use these to send to other scripts, including strategy types so you can backtest your performance on TV’s engine.
-> Dominant Trend - Outputs 1 for bullish and -1 for bearish. Can be used to send trend signals to another script.
I designed this tool with individuality in mind.
Every trader has a different situation. We trade on different schedules, markets, perspectives, etc.
Analytical systems of basically any type are very seldom (if ever) “one size fits all” and usually require a fair amount of modification to achieve desirable results.
That’s why this system is so freely customizable.
Your system should be flexible enough to be tailored to your analytical style, not the other way around.
When a system is limited in what you can control, it limits your experience, analytical potential, and possibly even profitability.
This is not your typical pre-set system. If you're looking for just another "buy, sell" script that requires minimal thought, look elsewhere.
If you’re ready to dive into a powerful technical system that allows you to tailor the experience to your style, welcome!
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This is a premium script, and access is granted on an invite-only basis.
To gain access, get a copy of the system overview, or for additional inquiries, send me a direct message.
I look forward to hearing from you!
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General Disclaimer:
Trading stocks, futures, Forex, options, ETFs, cryptocurrencies or any other financial instrument has large potential rewards, but also large potential risk.
You must be aware of the risks and be willing to accept them in order to invest in stocks, futures, Forex, options, ETFs or cryptocurrencies.
Don’t trade with money you can’t afford to lose.
This is neither a solicitation nor an offer to Buy/Sell stocks, futures, Forex, options, ETFs, cryptocurrencies or any other financial instrument.
No representation is being made that any account will or is likely to achieve profits or losses of any kind.
The past performance of any trading system or methodology is not necessarily indicative of future results.
Ichimoku Kinko Hyo and moreI am publishing my updated Ichimoku ++ study with a more suitable title. Future updates will take place with this version.
Description:
The intention of this script is to build/provide a kind of work station / work bench for analysing markets and especially Bitcoin . Another goal is to get maximum market information while maintaining a good chart overview. A chart overloaded with indicators is useless because the structure of the chart is more difficult to see. The chart should be clear and market structure should be easy to see. The script allows you to add indicators and signals in different visualizations to better assess the quality of signals and the sentiment of the market.
A general advise:
Use the included indicators and signals in a confluent way to get stoploss, buy and sell entry points. SR clusters can be identified for use in conjunction with Fractals and other indicators as entry and exit pints. My other scripts can also help. Prefer 4 hours, daily and a longer time frame. There is no "Holy Grail" :).
Binary KillerThis Binary Options strategy is for the 1-minute timeframe and utilized the martingale strategy. If it does not win the first one, and there is a signal to re-enter, 2.5x your trade amount and enter. (The most I have seen this strategy lose is four times in a row.) If you follow the signals, you are looking at a very high win percentage (relative term) when you combine the re-entries for the win.
1. Set alerts on ONCE PER BAR, do not set for bar end.
2. Once the alert signals, go to the chart and watch to make sure the signal CLOSES at the end of the candlestick. (While you are doing this you should have your binary options broker up, setting up your trade. Make sure you start your trade small. Nobody ever went broke taking a profit)
3. Set your trade time for 1 minute, enter as soon as the candle CLOSES, and the signal is confirmed. (It will go away if it is not a confirmed entry, DO NOT enter if the signal goes away)
4. If the trade is losing, look for a re-entry signal, enter at the close of the candle. Continue as long as you get signals or until you win.
*Trade this at your own risk, it is a risky strategy, know your limits, and do not overtrade. Get a few wins and get off.
Try not to mess with the settings too much, these are optimized for every forex pair.
This indicator is a combination of Bolinger Bands, Stoch, and RSI methods to ensure the best possible entry.
