Scalping Trading System ALERT Crypto and StocksThis is the alert version of the strategy with the same name.
Indicators
SImple Moving Average
Exponential Moving Average
Keltner Channels
MACD Histogram
Stochastics
Rules for entry
long= Close of the candle bigger than both moving averages and close of the candle is between the top and bot levels from Keltner . At the same time the macd histogram is negative and stochastic is below 50.
short= Close of the candle smaller than both moving averages and close of the candle is between the top and bot levels from Keltner . At the same time the macd histogram is positive and stochastic is above 50.
Rules for exit
We exit when we meet an opposite reverse order.
This strategy has no risk management inside, so use it with caution !
Swing
Rolling largest Impulse Murreys LinesExperimental:
Uses Kadane's max subarray sum algorithm to find the largest impulse within a window and draws Murrey's math lines based on that impulse.
Hi/Lo Swing Index [by hajixde]Author: Hajixde
This indicator illustrates the High-to-Low variation. It works nicely on shorter time frames.
The index value is calculated based on the observation length (Memory Length). By changing this input, you can have a wider or shorter observation range.
MA Length is the moving average filter length, which smooths out the signal.
There is an additional smoothing function to make the output even smoother (Smoothing Length). Remember, that "Smoothing Length" is better to be less than "MA Length".
You may activate the trend direction.
Percentage Oscillator SwingThe percentage price oscillator (PPO) is a technical momentum indicator.
It shows the relationship between the close of a candle and the highest/lowest point with a specific lenght in percentage terms.
Rules
The higher percentage on the values upwards, compared to those downwards, the higher the power of the bull trend.
The higher percentage on the values downwards, compared to those upwards, the higher the power of the bear trend.
Multi TimeFrame (MTF) Trend StrengthCalculate and display simple multi timeframe (3 timeframe) trend strength using heikin ashi.
Swing LineThe author was inspired by Charles Dow's concept on trend and Gann's concept on swing trade.
Swing line can help identify resistance and support. Breaking resistance indicate an uptrend. Breaking support indicates a downtrend. This is a simple and intuitive method in trend determination.
However, many chart readers nowadays set Candlestick as preferred pattern. The shared indicator provides another choice for constructing swing lines.
Volatility OscillatorThis tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range.
Can be used to identify patterns such as parallel channels and likely direction of price action as pictured below.
Swing Failure Pattern Inquisitor SFP Inquisitor
v0.2a
coded by Bogdan Vaida
Code for Swing High, Swing Low and Swing Failure Pattern.
Note that we're still in the alpha version, bugs may appear.
Note that the number you set in your Swing History variable
will also be the minimum delay you see until the apples appear.
This is because we're checking the forward "history" too.
The SFP will only check for these conditions:
- high above Swing History high and close below it
- low below Swing History high and close above it
In some cases you may see an apple before the SFP that "doesn't fit"
with the SFP conditions. That's because that apple was drawn later and
the SFP actually appeared because of the previous apple .
20 candles later.
Legend:
🍏 - swing high
🍎 - swing low
🧺 - candle where the last swing was driven from
🍌 - swing failure pattern
🍎🍌 - hungry scenario: swing low but also a SFP compared to the last swing
VuManChu Swing FreeThis is the old version of Range Filter from DonovanWall, that VuManChu is selling in his discord as "VuManChu Swing" which in reality is just Range Filter, a open-source script from DonovanWall.
Range Filter & LabelsAll credit goes to @DonovanWall for the Range Filter.
I just added Buy & Sell labels to demonstrate how the VuManChu Swing generates the same exact signals as the Range filter using the exact same settings between the two indicators.
This would only seem plausible if VuManChu Swing runs on the same code as the Range Filter.
It looks likely to be the old version of the Range Filter, where it had only two Inputs, Range Size and Range Period
Gann Circle Swing LevelsThis indicator is based on W. D. Gann's Square of 9 Chart and can be interpreted as the Gann Circle / Gann Wheel / 360 Degree Circle Chart or Square of the Circle Chart.
Spiral arrangement of numbers on the Square of 9 chart creates a very unique square root relationship amongst the numbers on the chart. If you take any number on the Square of 9 chart, take the square root of the number, then add 2 to the root and re-square it, resulting in one full 360 degree cycle (i.e. a 360 degree Circle) out from the center of the chart.
For example,
the square root of 121 = 11,
11 + 2 = 13,
and the square of 13 = 169
The number 169 is one full 360 degree cycle out (with reference to 121) from the center of the Square of 9 chart.
Similarly, if you take any number on the Square of 9 chart, take the square root of the number, then subtract 2 from the root and re-square it, resulting in one full 360 degree inward rotation towards the center of the chart.
For example,
the square root of 565 = 23.77,
23.77 - 2 = 21.77,
and the square of 21.77 = 473.93 (approximately equal to 474, which is directly below 565 on the Square of 9 chart)
The number 474 is one full 360 degree inward rotation (with reference to 565) towards the center of the chart.
How to Use this Indicator ?
This indicator is useful for finding coordinate squares on the Gann Circle that are making hard aspects to a previous position (such as a significant top or bottom) on the circle.
Input :
Swing Point (Significant price point, such as a top or a bottom)
Low / High ? (Is it a bottom or a top)
Number of Gann Levels (Number of Gann Cycles to be projected)
Output :
Gann Support or Resistance Levels (color coded as follows) :
Swing High or Swing Low (BLUE)
Support levels calculated with reference to the Swing High (RED)
Resistance levels calculated with reference to the Swing Low (LIME)
GSO + RSI + MACD + MFI + Bollinger BandsThis script uses a Gann Swing Oscillator , RSI , MACD , MFI and Bollinger Bands to generate long and short signals for cryptocurrencies on the 5 minute chart.
The Gann Swing Oscillator was inspired by HPotter's GSO.
This script is for educational purposes only. This script is NOT to be used as financial advice. I will not accept liability for any losses which may occur as a result of using this script.
SMA + Trend Strength + Trailing Stop LossThe 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given conditions at a time, which are represented as a trend meter on the bottom right of the screen. A trailing stop loss indicator is included to secure your profits or limit your loss in case the market reverses on you unexpected. Please use this indicator responsibly with proper risk management, and never rely on the indicator by itself for buy and sell signals.
When the simple moving average color is green, it means that at least 4 of 5 conditions are confirming a move upwards, this is when you can take an entry into a trade based on your entry strategy. As the trend continues, the color will eventually change to yellow signaling a divergence. This is when you can use your exit strategy to find a good point to sell. It is wise not to take new positions when the color is trending yellow.
If the color changes from yellow to orange, that is a warning sign that the trend is about to change or has begun to change. Prices may have already fallen. However, sometimes the color will change from yellow back to green signaling a continuation of the trend. You can either keep holding or take a new position in this instance.
When the color is red, this signals fear in the market, you should stay out of the market at first. However, as the market consolidates and the color starts changing back to orange, this is an opportunity to take a long position at a reasonably low price.
Simple Moving Average (13-Bar) Color Explanation:
The colors change based on 5 market conditions represented in the trend meter.
Green: Strong Uptrend
Yellow: Divergence Present
Orange: Warning
Red: Fear
Trend Meter Explanation:
The trend meter draws 5 arrows indicating bullish or bearish presence.
LL = Lower Lows - Detects when the market is trending with lower lows.
HH = Higher Highs - Detects when the market is trending with higher highs.
MA = SMA Direction - A formula is used to determine the direction of the SMA.
DI = Directional Index - Identifies when upwards momentum is trending.
RSI = Relative Strength Index - Identifies when the RSI is in an uptrend state.
Note: For advanced users, this indicator has a hidden DMI(4, 4, 4) and RSI(14) indicator used to determine the last two conditions. The Directional Index is based on a DI Plus momentum moving average to determine a momentum trend and the RSI trending over 50 will constitute an uptrend signal as below 50 it will point down.
Trailing stop loss:
The trailing stop loss is determined based on the lowest price of the last 8 bars.
A gray step-line is drawn at the suggested stop activation price.
A red step-line is drawn at the suggested stop limit price.
When the price breaches the trailing stop, a red X will appear below the bar.
You can turn each of these features on or off based on your preference. Happy trading!
CRYPTO Trend Direction Multiple EMA'sToday I bring an indicator specialized in crypto markets.
Its made of multiples EMA : very fast, fast, normal, slow, very slow
The logic behind its simple :
For long : we check that the EMA are in ascending order like EMA 5 > EMA 10 > EMA 20 .... and at the same time that last close of candle is above all of them.
For short : we check that the EMA are in descending order like EMA 5 < EMA 10 < EMA 20 .... and at the same time last close of candle is below all of them.
It can be used with all time frames.
Enjoy it !
Swing Reversal IndicatorSwing Reversal Indicator was meant to help identify pivot points on the chart which indicate momentum to buy and sell. The indicator uses 3 main questions to help plot the points:
Criteria
Did price take out yesterday's high or low?
Is today's range bigger than yesterday? (Indicates activity in price)
Is the close in the upper/lower portion of the candle? Thus, indicating momentum in that direction
This indicator was built to help me find pivot points for directional options trading however can be used for equities and forex swing trading and other strategies. Used in conjunction with a BB extreme can provide good setups.
Alerts are available for both the long and the short positions and the indicator will repaint as price moves.
The character Plotted can be changed in the settings
The size of the candle area can be changed as well if you want to tighten/loosen the trigger points based on the third question above.
SVIEWThis is momentum based indicator
Input
1. Two EMA
2. Stochastic
Thought process
1. Difference between fast and slow ema has a oscillating nature.
2. Stochastic %k %d crossover gives early signals
3. early entry gives low risk high reward setup
Calculation
1. A= EMA (fast) - EMA (slow)
2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive, bar is green
When A is decreasing and B is negative, bar is red
Else, bar is black
Use
This is an early entry signal system. When used with Channel trading system, it gives high probability, low risk high reward setups
Example
When price has breached below -2 Keltner channel, and impulse candle turns green, go long (or sell put options )
29 minutes ago
Release Notes:
This is combination of
1. Ema diff
2. stochastic
3. Keltner channel
4. Bollinger bands
5. bunch of EMAs
Thought process
1. Difference between fast and slow ema has a oscillating nature.
2. Stochastic %k %d crossover gives early signals
3. early entry gives low risk high reward setup
Calculation
1. A= EMA (fast) - EMA (slow)
2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive, bar is green
When A is decreasing and B is negative, bar is red
Else, bar is black
Use
This is an early entry signal system. When used with Channel trading system, it gives high probability, low risk high reward setups
Example
When price has breached below -2 Keltner channel, and impulse candle turns green, go long (or sell put options )
Combo Strategy 123 Reversal & Gann Swing Oscillator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
WARNING:
- For purpose educate only
- This script to change bars colors.
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
[blackcat] L2 Swing Trading IndicatorLevel: 2
Background
Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis.
Function
L2 Swing Trading Indicator
Key Signal
trend --> trend line with color candles standing for trend strength
pump --> whale pump indicator
top --> top zone for selling point
bbuy --> botton zone for buying point
varr1 ---> for selling points
bullbear --> use 50 as bull bear boundary
Pros and Cons
Pros:
1. Clear to see the trend reversals with strength changes
2. Whale pump indicator confirm the validity of trend reversals
Cons:
1. oversold zone is hidden due to using zero line as bottom
Remarks
NA
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
JBravo SwingThis follows Johnny Bravo Dominate Stocks strategy. When full price bar closes above SMA 9, this indicates a buy. When price bar closes below EMA20, this indicates a sell. If the MAs are all sloping up and aligned in order 9,20,180, then this indicates a Strong Buy. If the MAs are all sloping down and aligned in order 180,20,9, then this indicates a Strong Sell.
Fractals | Swing Points | Highs & Lows | Custom PeriodsSimple script which marks out key swing highs & lows.
One of the only indicators I have on the chart most days
- perfect for naked charting
- quickly helps you to visually identify key areas of interest
An extension of Bill Williams fractals
- aka short term swing points
Allows you to filter for only the most prominent swing points
- you can even overlay multiple swingpoint filters in different colours (as per example chart)
The number ( Fractal Periods) is simply:
- the number of less prominent points either side of your swing high/low
- example shown on the chart
Otherwise make a fist
- look at your 5 knuckles
- swing high is your middle knuckle
- 2 lower points either side
Bill Williams Original Fractal:
Fractal Periods = 2
Your Fractal Period for Filtering:
3, 4, 5, 30, 365, etc
Allows you to find swing points down to:
Fractal Periods = 1
Simple, easy, shared to enjoy =)
[LunaOwl] Swing Filter作品: 擺盪濾波器 (Swing Filter)
This is a Swing Filter, the function is to remind you that you do not need to trade during the neutral period, only buy or long when the series is higher than the high-level you set, when the series is lower than the low-level you set, you need to short or hedge. Hope your to use it happily. In a larger time frame, the length can be set smaller, the default value is 100.
這是一個擺盪濾波器，它的功能是提醒您在中性時期不用交易，僅在市場高水平的時候買進持有或做多，當來到低水平時需要做空或對沖。希望使用愉快。此外，在較大的時間框架，期數設定小一點，預設是100。
