SIVE 2.0 - [Soldi]SIVE 2.0 IS FINALLY HERE, after the long awaited update we are finally able to bring to you SIVE 2.0!
SIVE 1.0 (Systematic Institutional Volatility Expansion) brought a whole new approach to the algorithm and retail trading game on TradingView. Never before have you had access to a quantitative institutional approach like this, after years in development and testing we finally brought SIVE 1.0 to market. With very very high demand, support and so much positive feedback we knew that what we've created really hit the mark for so many traders!
What is SIVE?
SIVE as stated above stands for, Systematic Institutional Volatility Expansion. What this means is we have a highly effective system that reads what institutional algorithms are proven to be looking at. While only providing alerts during periods where Volatility is Expanding
We don't shy away from volatility here, that is where the bread and butter lays. volatility is a double edged sword that not many people know how to effectively use to their advantage. Simply put, because they are told in their retail trading that volatility is risky, and that you should stay away from volatile products. I say embrace it with the right tools.
What Has Changed?
At the core, SIVE 2.0 brings more efficient calculations to the volatility modelling as well as the triggering of trades!
Trend Scalper - This is a sub-set strategy we have included, what it measures is 'Super Trend' with a deviation of 7 and the MTI ribbon crosses. This is to be used as a way to scalp and trade the momentum of the market. I am aware that another brand/community has put this out as a paid feature to their algorithm. Since they didn't want to credit me for my contribution I decided to release it for free and also add it here. This is listed in my scripts as a free to use access.
Volatility Confluence - We have now also added a feature where you can choose how many volatility models you want to be aligned before SIVE calls an alert. There are a total of 9 models we have included, example. You choose 3 'Volatility Confluence', this means that SIVE will only call alerts when 3 of those 9 models agree. This can be very effective if you want to have more refined volatility trades, giving you more confidence that an expansion will take place.
Low Volatility Flashes - You now have the ability to control the low volatility back ground flash feature that was included with SIVE 1.0
Volatility Candles - You can now plot the volatility strength as candles! before you weren't able to see the actual underlaying volatility . Till now, turn this on and watch it turn you candles into a colourful array of the rainbow based on the volatility . Note - You will either need to *bring to front* or turn off the price data to see it
Take Profit System (beta) - Before on SIVE 1.0 and in the beta versions we had an early version of the money management. Where based on the ATR on the trade it would give you a suggested Stop Loss and Take Profit area. Now we have completely over hauled that and re calculated how we approach this also giving the trader 2 different options to choose from for suggested Stop Loss placement. We also included a 'Dynamic Take Profit' system that's based on the MTI to give you momentum based Take Profits. These are still in beta stages so any feedback is much appreciated and as always will be reviewed and considered.
RSI bands - Reverse plot the RSI onto your chart. Plot the over sold and over Bought static lines to price!
Moving Average Filter ( Multi Time Frame ) - Introducing a way further refine the trade alerts and give more power into the traders hands. We know that many many traders like to only trade if example. price is Greater Than 200 EMA. We wanted to give traders a choice to refine the trade alerts based on this information. You can choose between 'Price vs MA' - which is explained in that example just provided. The other option is 'MA vs MA', this allows you to filter out trades based on if a Moving Average of your choice(MA1) is Greater than MA2. With all this we also provided Multi Time Frame accessibility to just further give the trader more control and range. You also have the ability to just plot the Moving averages and not filter the trades at all!
Kill Zone / Time Sessions - Including another free script that has already been posted to my account. This script is also unique as it plots the specified time zones 24 hours in advanced . If you trade example. 'New York Session', Instead of using an indicator that only shows you after the fact it happens. You can now plot that time zone 24 Hours in advanced and watch how price trades to it and interacts with it. It has 4 completely customizable Time Zone slots. Please adjust to your time zone and desired sessions.
Here are some examples of SIVE working across various charts with the different features
USDCAD - 1 Hour
Take Profit System
XAUUSD ( Gold ) - 15 min
Trend Scalper System
US30(Dow Jones) - 15 min
Volatility Candles + Low Volatility Flashes
BTCUSD ( Bitcoin ) - 1 hour
Support / Resistance + Dashboard + Multi Time Frame MTI
USOIL (WTI Crude Oil ) - 5m
Kill Zones + Moving Average Filter
APPL( Apple ) - 1 hour
Moving Average Filter
Trend
Directional Volatility Index (DVI) - SoldiDirectional Volatility Oscillator
What the DVI does is it measure 9 different volatility models based on their directional correlation and then scores that. While it calculated the volatility it also measures and scores 5 different indicators to find the likeliness of a retail position. That way the Oscillated value being plotted is that of an accurate modelled nature. This indicator aims to measure and score the directional volatility across the 9 different volatility models and then plots it as an oscillator. Included in that calculation is a measure of the likeliness of a retail traders position.
This can be used to gauge liquidity sweeps in a strategy like Smart Money Concepts. As, all the retail money is long - expect a sweep of the lows or equal highs. etc. more so you can also use this as a market meter like RSI , if the market is Over bought or Over sold, the DVI value will be over 100 or under -100 - or this tool can be used to gauge the underlaying trend!
Examples
Here is an example on BTCUSD - 1d
- as you can see there is significant trend when the DVI is crossed
Here is that same example on BTCUSD - 1d zoomed into 4h
- as you can see there is significant trend when the DVI is crossed
Gann Seasonal Dates by JayCThis script marks important seasonal dates with a vertical line that Gann used to watch for Trend changes.
March 21st
June 22nd
September 23rd
December 22nd
And 50% Levels - Minor seasonal dates.
February 4th
May 6th
August 8th
November 7th
In the settings you can change line colors and toggle the Offset. Offset is the way the script draws lines to show future dates, I offset by 365 so it will show incorrectly at some points in back testing.
Log OscillatorThe Log Oscillator measures the mean of logarithmic returns, given this data you can assume market expectancy in returns of the mean. When seeing positive Means you can assume positive returns will follow positive returns if positive autocorrelation is present. Vice versa for the other event of negative returns.
How you can effectively use this indicator and oscillator is by looking at a higher time frame and if the oscillator is positive, you can go to a lower timeframe and try to trade in that direction of the market as the expected returns are positive in nature.
You can also spot trend divergences very well as the trend continues but the returns are dropping that means the returns are mean reverting and can have a potential to flip to the other side
Trend Indicator (dow trending) - FontiramisuIndicator showing pivots and interpret a trend out of it.
Pivots are calculating with deviation parameter to validate with more precision.
Trending moves are calculated according to Dow Theory :
In an uptrend, if the price made a new high, the price must make a new high to confirm the trend, otherwise, it might signal a possible change in the trend.
In an uptrend, if the price made a new low, the price must make a new low to confirm the trend, otherwise, it might signal a possible change in the trend.
The indicator can show 2 trends with 2 different "Pivot Depth"
See indicator parameters.
Tab is display at the bottom right corner to show trend direction and if it is hesitating
Fontilab Library is used to code this indicator
Fibonacci Timing PatternThe Fibonacci Timing Pattern is a price-based counter that seeks to determine short-term and medium-term reversals in price action. It is based on the following set of conditions:
* For a bullish Fibonacci timing signal: The market must shape 8 consecutive close prices where each close price is lower than the close prices from 3 and 5 periods ago.
* For a bearish Fibonacci timing signal: The market must shape 8 consecutive close prices where each close price is higher than the close prices from 3 and 5 periods ago.
The signals of the pattern are ideally used in a sideways market or used in tandem with the trend (bullish signals are taken in a bullish market and bearish signals are taken in a bearish market).
Alien Brain👉 What is this indicator ?
This indicator is made up with the help of Multi Trend , Moving Average and Price Action , In this beautiful indicator, The buy and sell entry is taken by comparing the trend in the higher time frame with the Trend in the short time frame using our secret logic.
👉 What kind of Buy and Sell signal is there on this indicator ?
Four types of buy and sell signals are displayed on this indicator, each marked as M.Buy(Master Buy) , M.Sell (Master Sell) , Buy1, Sell1, Buy2 , Sell2, Buy3 and Sell3 respectively. These four types of indications are obtained by comparing the trend in the higher time frame with the Trend in the short time frame.
👉 What kind of Take Profit signal is there on this indicator ?
Four types of take profit signals are displayed on this indicator, each marked as TP1,TP2,TP3 and TP4 respectively. The take profit signals available for both buy and sell entries. The take profit of the buy entry is shown in Green Color and the take profit of the sell entry is shown in Red Color.
Note : Take Profit Signals Only Available for Master Buy and Master Sell
👉 What kind of Exit signal is there on this indicator ?
Exit signals can be seen at the end of the trend
Note : Exit Signals Only Available for Master Buy and Master Sell
👉 How many alarms does this indicator have ?
This indicator has 18 types of alarm for Buy , Sell , Take Profit and Exit signal, and it is best to set the alarm by selecting the Alert Once Bar Close option to avoid repaint.
👉 On which coins can this indicator be used ?
This indicator is best used on all cryptocurrencies, forex markets and stocks , This indicator is very helpful to get high returns on all cryptocurrencies with low price and high voltality
Note : This indicator only works well in 1 min time frame , Use appropriate values when using other coins. If you have difficulty finding the value, you can contact us.
Default Setup Instructions 👇
Time Frame : 1 Minute
Default Coin : OGNUSDT
The following settings can be found in this indicator
TOP BRAIN - Factor : This is the ATR Factor Value for High Time Frame trend. You can change this value according to the volatility, the ATR Factor value is also used to reduce the chance of a fake signal
MID BRAIN - Factor : This is the ATR Factor Value for Low Time Frame trend. You can change this value according to the volatility, the ATR Factor value is also used to reduce the chance of a fake signal
MID BRAIN - Threshold : This is the difference between price and moving average. Changing the value of this option will change the accuracy of the trading signal
LOW BRAIN - Factor : This is the ATR Factor Value for Second Low Time Frame trend.
Take Profit - TP1 Percentage : Give What percentage for take First TP of Master Signal
Take Profit - TP2 Percentage : Give What percentage for take Second TP of Master Signal
Take Profit - TP3 Percentage : Give What percentage for take Third TP of Master Signal
Take Profit - TP4 Percentage : Give What percentage for take Fourth TP of Master Signal
SONIC BHOOM👉 What is this indicator ?
This indicator is made up of Trend and Moving Average, The idea used in this indicator is to understand the current trend and take buy sell entry based on moving average
👉 How many alarms does this indicator have ?
This indicator has two types of alarm for buy signal and sell signal, and it is best to set the alarm by selecting the Alert Once Bar Close option to avoid repaint.
👉 On which coins can this indicator be used ?
This indicator is best used on all cryptocurrencies and forex markets, You can use this indicator with any Time Frame, and this indicator is set to the 1000SHIBUSDT Coin, 5min Time Frame by default. Use appropriate values when using other coins. If you have any difficulty in finding the Value, you can contact us.
Default Setup Instructions 👇
Duration: 5 Minute
Default Coin : 1000SHIBUSDT
The following settings can be found in this indicator
Trend Length :This is an average True change value, Average True Range (ATR) is the average of True ranges over the specified period. ATR measures volatility, taking into account any gaps in the price movement.
Trend High : This is the ATR Factor Value. You can change this value according to the volatility, the ATR Factor value is also used to reduce the chance of a fake signal
Threshold :
The Threshold is the difference between price and moving average. Changing the value of this option will change the accuracy of the trading signal
Real Woodies CCIAs always, this is not financial advice and use at your own risk. Trading is risky and can cost you significant sums of money if you are not careful. Make sure you always have a proper entry and exit plan that includes defining your risk before you enter a trade.
Ken Wood is a semi-famous trader that grew in popularity in the 1990s and early 2000s due to the establishment of one of the earliest trading forums online. This forum grew into "Woodie's CCI Club" due to Wood's love of his modified Commodity Channel Index (CCI) that he used extensively. From what I can tell, the website is still active and still follows the same core principles it did in the early days, the CCI is used for entries, range bars are used to help trader's cut down on the noise, and the optional addition of Woodie's Pivot Points can be used as further confirmation of support and resistance. This is my take on his famous "Woodie's CCI" that has become standard on many charting packages through the years, including a TradingView sponsored version as one of the many stock indicators provided by TradingView. Woodie has updated his CCI through the years to include several very cool additions outside of the standard CCI. I will have to say, I am a bit biased, but I think this is hands down one of the best indicators I have ever used, and I am far too young to have been part of the original CCI Club. Being a daytrader primarily, this fits right in my timeframe wheel house. Woodie designed this indicator to work on a day-trading time scale and he frequently uses this to trade futures and commodity contracts on the 30 minute, often even down to the one minute timeframe. This makes it unique in that it is probably one of the only daytrading-designed indicators out there that I am aware of that was not a popular indicator, like the MACD or RSI, that was just adopted by daytraders.
The CCI was originally created by Donald Lambert in 1980. Over time, it has become an extremely popular house-hold indicator, like the Stochastics, RSI, or MACD. However, like the RSI and Stochastics, there are extensive debates on how the CCI is actually meant to be used. Some trade it like a reversal indicator, where values greater than 100 or less than -100 are considered overbought or oversold, respectively. Others trade it like a typical zero-line cross indicator, where once the value goes above or below the zero-line, a trade should be considered in that direction. Lastly, some treat it as strictly a momentum indicator, where values greater than 100 or less than -100 are seen as strong momentum moves and when these values are reached, a new strong trend is establishing in the direction of the move. The CCI itself is nothing fancy, it just visualizes the distance of the closing price away from a user-defined SMA value and plots it as a line. However, Woodie's CCI takes this simple concept and adds to it with an indicator with 5 pieces to it designed to help the trader enter into the highest probability setups. Bear with me, it initially looks super complicated, but I promise it is pretty straight-forward and a fun indicator to use.
1) The CCI Histogram. This is your standard CCI value that you would find on the normal CCI. Woodie's CCI uses a value of 14 for most trades and a value of 20 when the timeframe is equal to or greater than 30minutes. I personally use this as a 20-period CCI on all time frames, simply for the fact that the 20 SMA is a very popular moving average and I want to know what the crowd is doing. This is your coloured histogram with 4 colours. A gray colouring is for any bars above or below the zero line for 1-4 bars. A yellow bar is a "trend bar", where the long period CCI has been above/below the zero line for 5 consecutive bars, indicating that a trend in the current direction has been established. Blue bars above and red bars below are simply 6+n number of bars above or below the zero line confirming trend. These are used for the Zero-Line Reject Trade (explained below). The CCI Histogram has a matching long-period CCI line that is painted the same colour as the histogram, it is the same thing but is used just to outline the Histogram a bit better.
2) The CCI Turbo line. This is a sped-up 6 period CCI. This is to be used for the Zero-Line Reject trades, trendline breaks, and to identify shorter term overbought/oversold conditions against the main trend. This is coloured as the white line.
3) The Least Squares Moving Average Baseline (LSMA) Zero Line. You will notice that the Zero Line of the indicator is either green or red. This is based on when price is above or below the 25-period LSMA on the chart. The LSMA is a 25 period linear regression moving average and is one of the best moving averages out there because it is more immune to noise than a typical MA. Statistically, an LSMA is designed to find the line of best fit across the lookback periods and identify whether price is advancing, declining, or flat, without the whipsaw that other MAs can be privy to. The zero line of the indicator will turn green when the close candle is over the LSMA or red when it is below the LSMA. This is meant to be a confirmation tool only and the CCI Histogram and Turbo Histogram can cross this zero line without any corresponding change in the colour of the zero line on that immediate candle.
4) The +100 and -100 lines are used in two ways. First, they can be used by the CCI Histogram and CCI Turbo as a sort of minor price resistance and if the CCI values cannot get through these, it is considered weakness in that trade direction until they do so. You will notice that both of these lines are multi-coloured. They have been plotted with the ChopZone Indicator, another TradingView built-in indicator. The ChopZone is a trend identification tool that uses the slope and the direction of a 34-period EMA to identify when price is trending or range bound. While there are ~10 different colours, the main two a trader needs to pay attention to are the turquoise/cyan blue, which indicates price is in an uptrend, and dark red, which indicates price is in a downtrend based on the slope and direction of the 34 EMA. All other colours indicate "chop". These colours are used solely for the Zero-Line Reject and pattern trades discussed below. They are plotted both above and below so you can easily see the colouring no matter what side of the zero line the CCI is on.
5) The +200 and -200 lines are also used in two ways. First, they are considered overbought/oversold levels where if price exceeds these lines then it has moved an extreme amount away from the average and is likely to experience a pullback shortly. This is more useful for the CCI Histogram than the Turbo CCI, in all honesty. You will also notice that these are coloured either red, green, or yellow. This is the Sidewinder indicator portion. The documentation on this is extremely sparse, only pointing to a "relationship between the LSMA and the 34 EMA" (see here: tlc.thinkorswim.com). Since I am not a member of Woodie's CCI Club and never intend to be I took some liberty here and decided that the most likely relationship here was the slope of both moving averages. Therefore, the Sidewinder will be green when both the LSMA and the 34 EMA are rising, red when both are falling, and yellow when they are not in agreement with one another (i.e. one rising/flat while the other is flat/falling). I am a big fan of Dr. Alexander Elder as those who follow me know, so consider this like Woodie's version of the Elder Impulse System. I will fully admit that this version of the Sidewinder is a guess and may not represent the real Sidewinder indicator, but it is next to impossible to find any information on this, so I apologize, but my version does do something useful anyways. This is also to be used only with the Zero-Line Reject trades. They are plotted both above and below so you can easily see the colouring no matter what side of the zero line the CCI is on.
How to Trade It According to Woodie's CCI Club:
Now that I have all of my components and history out of the way, this is what you all care about. I will only provide a brief overview of the trades in this system, but there are quite a few more detailed descriptions listed in the Woodie's CCI Club pamphlet. I have had little success trading the "patterns" but they do exist and do work on occasion. I just prefer to trade with the flow of the markets rather than getting overly scalpy. If you are interested in these patterns, see the pamphlet here (www.trading-attitude.com), hop into the forums and see for yourself, or check out a couple of the YouTube videos.
1) Zero line cross. As simple as any other momentum oscillator out there. When the long period CCI crosses above or below the zero line open a trade in that direction. Extra confirmation can be had when the CCI Turbo has already broken the +100/-100 line "resistance or support". Trend traders may wish to wait until the yellow "trend confirmation bar" has been printed.
2) Zero Line Reject. This is when the CCI Turbo heads back down to the zero line and then bounces back in the same direction of the prevailing trend. These are fantastic continuation trades if you missed the initial entry either on the zero line cross or on the trend bar establishment. ZLR trades are only viable when you have the ChopZone indicator showing a trend (turquoise/cyan for uptrend, dark red for downtrend), the LSMA line is green for an uptrend or red for a downtrend, and the SideWinder is either green confirming the uptrend or red confirming the downtrend.
3) Hook From Extreme. This is the exact same as the Zero Line Reject trade, however, the CCI Turbo now goes to the +100/-100 line (whichever is opposite the currently established trend) and then hooks back into the established trend direction. Ideally the HFE trade needs to have the Long CCI Histogram above/below the corresponding 100 level and the CCI Turbo both breaks the 100 level on the trend side and when it does break it has increased ~20 points from the previous value (i.e. CCI Histogram = +150 with LSMA, CZ, and SW all matching up and trend bars printed on CCI Histogram, CCI Turbo went to -120 and bounced to +80 on last 2 bars, current bar closes with CCI Turbo closing at +110).
4) Trend Line Break. Either the CCI Turbo or CCI Histogram, whichever you prefer (I find the Turbo a bit more accurate since its a faster value) creates a series of higher highs/lows you can draw a trend line linking them. When the line breaks the trendline that is your signal to take a counter trade position. For example, if the CCI Turbo is making consistently higher lows and then breaks the trendline through the zero line, you can then go short. This is a good continuation trade.
5) The Tony Trade. Consider this like a combination zero line reject, trend line break, and weak zero line cross all in one. The idea is that the SW, CZ, and LSMA values are all established in one direction. The CCI Histogram should be in an established trend and then cross the zero line but never break the 100 level on the new side as long as it has not printed more than 9 bars on the new side. If the CCI Histogram prints 9 or less bars on the new side and then breaks the trendline and crosses back to the original trend side, that is your signal to take a reversal trade. This is best used in the Elder Triple Screen method (discussed in final section) as a failed dip or rip.
6) The GB100 Trade. This is a similar trade as the Tony Trade, however, the CCI Histogram can break the 100 level on the new side but has to have made less than 6 bars on the new side. A trendline break is not necessary here either, it is more of a "pop and drop" or "momentum failure" trade trying in the new direction.
7) The Famir Trade. This is a failed CCI Long Histogram ZLR trade and is quite complicated. I have never traded this but it is in the pamphlet. Essentially you have a typical ZLR reject (i.e. all components saying it is likely a long/short continuation trade), but the ZLR only stays around the 50 level, goes back to the trend side, fails there as well immediately after 1 bar and then rebreaks to the new side. This is important to be considered with the LSMA value matching the side of the trade, so if the Famir says to go long, you need the LSMA indicator to also say to go long.
8) The Vegas Trade. This is essentially a trend-reversal trade that takes into account the LSMA and a cup and handle formation on the CCI Long Histogram after it has reached an extreme value (+200/-200). You will see the CCI Histogram hit the extreme value, head towards the zero line, and then sort of round out back in the direction of the extreme price. The low point where it reversed back in the direction of the extreme can be considered support or resistance on the CCI and once the CCI Long Histogram breaks this level again, with LSMA confirmation, you can take a counter trend trade with a stop under/over the highest/lowest point of the last 2 bars as you want to be out quickly if you are wrong without much damage but can get a huge win if you are right and add later to the position once a new trade has formed.
9) The Ghost Trade. This is nothing more than a(n) (inverse) head and shoulders pattern created on the CCI. Draw a trend line connecting the head and shoulders and trade a reversal trade once the CCI Long Histogram breaks the trend line. Same deal as the Vegas Trade, stop over/under the most recent 2 bar high/low and add later if it is a winner but cut quickly if it is a loser.
Like I said, this is a complicated system and could quite literally take years to master if you wanted to go into the patterns and master them. I prefer to trade it in a much simpler format, using the Elder Triple Screen System. First, since I am a day trader, I look to use the 20 period Woodie's on the hourly and look at the CZ, SW, and LSMA values to make sure they all match the direction of the CCI Long Histogram (a trend establishment is not necessary here). It shows you the hourly trend as your "tide". I then drill down to the 15 minute time frame and use the Turbo CCI break in the opposite direction of the trend as my "wave" and to indicate when there is a dip or rip against the main trend. Lastly, I drill down to a 3 minute time frame and enter when the CCI Long Histogram turns back to match the main trend ("ripple") as long as the CCI Turbo has broken the 100 level in the matched direction.
Enjoy, and please read the pamphlet if you have any questions about the patterns as they are not how I use these and will not be able to answer those questions.
Treat Sideways👉 What is this indicator ?
Understanding the Sideways Trend is the best trading method, and we have written this script intending to make you a better sideways filter indicator. Treat Sideways helps you understand the sideways trend and trade in a risk free manner.
👉 On which coins can this indicator be used ?
This indicator is best used on all cryptocurrencies, stocks , forex markets
👉 How work this indicator ?
We understand the trend using our secret logic and price action, and After that, we mark the sideways movement in a box. The moving average line helps us to construct this indicator.
👉 Default Coin and Time Frame ?
XRPUSDT
Time Frame : 1 min
MA Line Color Details 👇
The Blue color of the MA line indicates the Sideways Trend
The Red color of the MA line indicates the Down Trend
The Green color of the MA line indicates the Up Trend
Indicator Settings 👇
Box Height : This setting can be used to set the size of the Sideways trend
Time Gap : This option is used to control unexpected down trend and up trend
Up Down Threshold : This option should be adjusted according to the time frame and voltality
Color :
Option to change the color of the box that appears in the sideways trend
Border Color : Option to change the color of the box border that appears in the sideways trend
Opacity : Option to change the opacity of the box border that appears in the sideways trend
Line Width : You can adjust the width of the MA line with this option
RORA MAGNITUDE👉 What is this indicator ?
This indicator is made up of super trend and moving average, the logic used in this indicator is to understand the trend with moving average and take buy sell entry with super trend
👉 What kind of buy sell signal is there on this indicator ?
Six types of buy sell signals are displayed on this indicator, each marked as Buy1, Sell1, Buy2 , Sell2, Buy3, Sell3, Buy4 , Sell4, Buy5 , Sell5 , Buy6 and Sell6 respectively. These Six types of indicators are obtained by differentiating the small trends detected by the super trend coming in the same trend in the moving average by percentage.
The percentage to be given for each of these six types of signals can be given in the indicator setting.
👉 How many alarms does this indicator have ?
This indicator has two types of alarm for buy signal and sell signal, and it is best to set the alarm by selecting the Alert Once Bar Close option to avoid repaint.
👉 On which coins can this indicator be used ?
This indicator is best used on all cryptocurrencies, the best suitable TIMEFRAME is 1 Min , and this indicator is set to the ETHUSDT coin by default. Use appropriate values when using other coins. If you have difficulty finding the value, you can contact us.
Default Setup Instructions 👇
Duration: 1 Minute
Default Coin : ETHUSDT
The following settings can be found in this indicator
1. Base Threshold: This value can be adjusted according to the volatility of each coin
👉 Default value : 3
2.Interval: Option used to increase or decrease the distance between Buy Trend and Sell Trend (stop loss should be increased with increasing interval)
👉 Default value : 5
3. First : Percentage to take the first signal from the trend
👉 Default Value : 0
4. Second : Percentage to take the second signal from the trend
👉 Default Value : 1.5
5. Third : Percentage to take the third signal from the trend
👉 Default Value : 0.5
6. Fourth : Percentage to take the fourth signal from the trend
👉 Default Value : 0.5
7. Fifth : Percentage to take the fifth signal from the trend
👉 Default Value : 1
8. Sixth : Percentage to take the sixth signal from the trend
👉 Default Value : 50
9. Initial Time interval : This is the time gap between each signal. It should be given on a minute basis
👉 Default Value: 20
10. False Count : A system used to block signals, if necessary, on a 5-way signal
👉 Default Value : 1
11. Signal count : Option to set the number of signals to be displayed in 5 types of signals
👉 Default Value : 5
MACD Multiple AlertsThis script help traders to catch bullish and bearish momentum. It creates an alert for 40 altcoins based on the MACD cross over and cross under.
The MACD input are adjustable in the settings and you can choose your favorite assets.
Simply add this indicator to the chart wait that if finish to load and then create an alert on the time frame of your choice.
Enjoy your trading
F_rank_01
ATR with MAOVERVIEW
The Average True Range Moving Average (ATRMA) is a technical indicator that gauges the amount of volatility currently present in the market, relative to the historical average volatility that was present before. It adds a moving average to the Average True Range (ATR) indicator.
This indicator is extremely similar to the VOXI indicator, but instead of measuring volume, it measures volatility. Volume measures the amount of shares/lots/units/contracts exchanged per unit of time. Volatility, on the other hand, measures the range of price movement per unit of time.
The purpose of this indicator is to help traders filter between non-volatile periods in the market from volatile periods in the market without introducing subjectivity. It can also help long-term investors to determine market regime using volatility without introducing subjectivity.
CONCEPTS
This indicator assumes that trends are more likely to start during periods of high volatility, and consolidation is more likely to persist during periods of low volatility. The indicator also assumes that the average true range (ATR) of the last 14 candles is reflective of the current volatility in the market. ATR is the average height of all the candles, where height = |high - low|.
Suppose the ATR of the last 14 candles is greater than a moving average of the ATR(14) of the last 20 candles (this occurs whenever the indicator's filled region is colored BLUE). In that case, we can assume that the current volatility in the market is high.
Suppose the ATR of the last 14 candles is less than the moving average of the ATR(14) of the last 20 candles (this occurs whenever the indicator's filled region is colored RED). In that case, we can assume that the current volatility in the market is low.
HOW DO I READ THIS INDICATOR?
If the ATR line is above the ATR MA line (indicated by the blue color), the current volatility is greater than the historical average volatility.
If the ATR line is above the ATR MA line (indicated by the red color), the current volatility is less than the historical average volatility.
Infiten's Regressive Trend Channel An experiment using Pinescript's candle plotting feature. This indicator performs a linear regression on the lows, highs, and moving average, and plots them all in the form of a candlestick. If the close is below the prediction, the candlestick is red, if the close is above the regression, the candlestick is green. Effective and aesthetic way to analyze trends.
Tick PlusTick Plus
Tick+ is an all-in-one market internals dashboard.
Tick+ features a real-time NYSE or NASDAQ Tick chart, a dynamic Advancers/Decliners vs. VOLD chart, a market internals table readout including both NYSE and NASDAQ instruments, defensive and cyclical sector’s, and daily inflow/out analysis. Also included are customizable symbols readouts, so you can keep an eye on securities that are important to you!
The Tick chart displays a candlestick TICK chart for your chosen exchange and keeps track of the current day's high tick and low tick. Drawn behind these are our Key Reversal Zones.
The Advancers/Decliners vs. VOLD chart dynamically scales both instruments together to easily detect divergences that are known to cut the noise from the market and give an accurate indication of the day's trend.
Market Sync Indicator
This is a small but powerful indicator that analyzes the inflow and outflow of each exchange's underlying securities. When all the markets are in harmony, it will print a green or red symbol below the tick chart. We have also included this signal within the internals table labeled “trending,” which is simply the same signal presented in a more apparent area. Alerts can also be set with these signals to take advantage of the system across tickers.
Note: A gray readout indicates that every market is not moving in the same direction at that moment.
This indicator has been made to be customizable to fit your individual layout style! You are able to stack the Tick & Comparison Charts, as well as display the tables vertically or horizontally!
Note: We are measuring % change of symbols from the daily open to current price, this is so you can make an analysis based on today's info.
All of the default settings are our recommended settings.
Please check the Author Instructions Below for how to gain access to our indicators.
Cryptogrithm's Secret Momentum and Volatility IndicatorThis indicator is hard-coded for Bitcoin, but you may try it on other asset classes/coins. I have not updated this indicator in over 3 years, but it seems to still work very well for Bitcoin.
This indicator is NOT for beginners and is directed towards intermediate/advanced traders with a sensibility to agree/disagree with what this indicator is signalling (common sense).
This indicator was developed back in 2018 and I has not been maintained since, which is the reason why I am releasing it. (It still works great though! At the time of this writing of May 2022).
How to use:
Terms:
PA (Price Action): Literally the candlestick formations on your chart (and the trend formation). If you don't know how to read and understand price action, I will make a fast-track video/guide on this later (but in the meanwhile, you need to begin by learning Order-Flow Analysis, please google it first before asking).
CG Level (Cryptogrithm Level/Yellow Line): PA level above = bullish, PA level below = bearish
CG Bands (Cryptogrithm Bands): This is similar to how bollingers work, you can use this the same was as bollinger bands. The only difference is that the CG bands are more strict with the upper and lower levels as it uses different calculations to hug the price tighter allowing it to be more reactive to drastic price changes (earlier signals for oversold/overbought).
CG Upper Band (Red Upper Line): Above this upper bound line means overbought.
CG Middle Band (Light Blue Line): If PA trades above this line, the current PA trend is bullish continuing in the uptrend. If PA trades below this line, the current PA trend is bearish continuing in the downtrend. This band should only be used for short-term trends.
CG Lower Band (Green Lower Line): Below this lower bound line means oversold.
What the CG Level (yellow line) tells you:
PA is trading above CG Level = Bullish
PA is trading below CG Level = Bearish
Distance between CG Level and price = Momentum
What this means is that the further away the price is from the CG Level, the greater the momentum of the current PA trend. An increasing gap between the CG Level and PA indicates the price's strength (momentum) towards the current upward/downward trend. Basically when the PA and CG Level diverge, it means that the momentum is increasing in the current trend and when they converge, the current trend is losing momentum and the direction of the PA trend may flip towards the other direction (momentum flip).
PA+CG Level Momentum:
To use the CG Level as a momentum indicator, you need to pay attention to how the price and the CG level are moving away/closer from each other:
PA + CG Level Diverges = Momentum Increasing
PA + CG Level Converges = Momentum Decreasing
Examples (kind of common sense, but just for clarity):
Case 1: Bullish Divergence (Bullish): The PA is ABOVE and trending AWAY above from the CG Level = very bullish, this means that momentum is increasing towards the upside and larger moves will come (increasing gap between the price and CG Level)
Case 2: Bearish Convergence (Bearish): - The PA is ABOVE the CG Level and trending TOWARDS the CG Level = bearish, there is a possibility that the upward trend is ending. Look to start closing off long positions until case 1 (divergence) occurs again.
Case 3: Neutral - The PA is trading on the CG Level (no clear divergence or convergence between the PA and CG Level) = Indicates a back and forth (tug of war) between bears and bulls. Beware of choppy price patterns as the trend is undecisive until either supply/liquidity is dried out and a winner between bull/bear is chosen. This is a no trade zone, but do as you wish.
Case 4: Bearish Divergence (Bearish): The PA is BELOW and trending AWAY BELOW from the CG Level = very bearish, this means that momentum is increasing towards the downside and larger downward moves will come (increasing gap between the price and CG Level).
Case 5: Bullish Convergence (Bullish): - The PA is BELOW the CG Level and trending TOWARDS the CG Level = bullish, there is a possibility that the downward trend is ending and a trend flip is occuring. Look to start closing off short positions until case 4 (divergence) occurs again.
CG Bands + CG Level: You can use the CG bands instead of the PA candles to get a cleaner interpretation of reading the momentum. I won't go into detail as this is pretty self-explanatory. It is the same explanation as PA+CG Level Momentum, but you are replacing the PA candles with the CG Bands for interpretation. So instead of the PA converging/diverging from the CG Level, the Upper and Lower Bound levels are converging/diverging from the CG level instead.
Convergence: CG Level (yellow line) trades inside the CG bands
Divergence: CG Level (yellow line) trades outside the CG bands
Bullish/Bearish depends on whether the CG Band is trading below or above the CG level. If CG Band is above the CG Level, this is bullish. If CG Band is below the CG level, this is bearish.
Crosses (PA or CG Band crosses with CG level): This typically indicates volatility is incoming.
There are MANY MANY MANY other ways to use this indicator that is not explained here and even other undiscovered methods. Use some common sense as to how this indicator works (it is a momentum indicator and volatility predictor). You can get pretty creative and apply your own methods / knowledge to it and look for patterns that occur. Feel free to comment and share what you came up with!
ScalpiusTrendCrypto trader and trading system developer Scott Phillips recently introduced a crypto trading system that specifies a set of rules for determining whether the crypto is in a trend. While the rules are not overly complex, they are complex enough that manual trend determination is somewhat laborious and prone to error. The ScalpiusTrend script is designed to automate this process. It operates is briefly summarized as follows:
1. It looks for a bar that breaks the Bollinger Band. That starts a pending trend.
2. When we find another bar with a higher high and higher close (uptrend) or lower low and lower close (downtrend), then the trend is confirmed.
3. The trend ends when the price touches the opposite Bollinger Band, or goes 20 bars without making a new low and new close.
The indicator is shown as a histogram plot below the main chart window. By default, the short black pending trend bars are off, but you can enable the Pending Bars checkbox in the indicator Settings menu to turn them on.
Swing High Swing Low This tool is the swing high swing low indicator. A swing high/low is a technical pattern that describes a local peak or trough on a chart. By connecting these peaks and troughs, we can determine the general direction the asset is trading. This indicator can be used on all time frames and in any market.
To use it, declare how many candles are needed to determine a swing level. By default, the indicator is set to two candles. This means that a candle must have two candles to the right AND left (totaling 5 consecutive candles) to be considered a swing level. If the middle candle has the highest high of the 5 consecutive candles, it will be classified as a Swing High. If the middle candle has the lowest low, it will be a Swing Low. Otherwise, it will be ignored.
Once a swing number is declared, the indicator will look for a starting swing high and swing low. The asset will trade inside the range established by the swing high/low lines. When the lines are parallel, it is considered a form of consolidation. You will likely see a lot of whipsaw action or chart patterns like bullflags or head-shoulders. Wait patiently for a break of this consolidation. The indicator will identify the new swing levels when the asset breaks out of this range.
Depending on the direction of the break, it will turn green for an uptrend or red for a downtrend. You should look to take long positions when the lines are green and short when the lines are red. You can use old swing levels as support or resistance in the future. The longer the line, the greater the likelihood that it will be support or resistance. This can help you identify potential entries.
The goal of this script is to make it easier to determine trends. Sometimes, we take the wrong trade because we don't understand which way the market is trending and what levels are important. This indicator is meant to take the guesswork out and make the trade easy and emotionless. This indicator works well on its own, but I suggest pairing it with another to add an extra confirmation before taking a trade. Happy Trading!
**Please note: Assets that have traded parabolically (steep inclines or declines) will have wide ranges that may not be broken. (see GME 2021)**
Market Bias (CEREBR)Hello Everyone. I hope you are all doing great. It's been a long time since I posted my first script here, and I got a lot of response from that.
So, I thought I should share this script also to everyone, and anyone that may find it useful. Personally, I use it to tell the general market conditions.
Here's how I works : The script tries to determine the overall direction of the market, using smoothed Heiken Ashi candles. The coloring system (using bright and dark colors) is an attempt to detect strong market and weak market conditions. There's also an oscillator within the script, but for now it isn't plotted. Credits to @jackvmk, I used part of his open-script code in this indicator.\
I have considered using the slope of the indicator plot as a filter for ranging market conditions. The plot goes relatively flat in 'flat' markets. However, I have not done anything about that yet. Maybe some other time.
I hope you find this useful. If you find a way to use this, please share it with the community in the comment section.
NOTE: THIS IS BY NO MEANS FINANCIAL ADVICE. You'll have to make your studies and come up with a way to apply this indicator to your trading style and strategy.
By the way, I would be going with the name 'CEREBR' for any subsequent scripts I release from now on.
Happy Trading, guys.
DiNapoli Candles TableThis indicator displays a matrix containing the color states of Dinapoli candles from Higher Timeframes.
Only Higher Timeframes states do appear in the table. Lower Timeframes are hidden due to inability to get reliable results for such behaviour in current Tradingview environment.
By default only 5 timeframes get activated: 1H, 4H, 1D, 1W and 1M. But many more are available to be displayed throught the Input Tab.
The position of the table can be customized through the input panel.
Note: The indicator is resource hungry, and sometimes it might need some seconds to fully populate the table.
DBI MTFDBI is the Directional Bias Indicator
This is a Daily timeframe concept that we can take to MTF's. What DBI does it takes an advanced look at Trend to produce four results... Active Green (which simply gives EDGE to buying exhausted or weak pullbacks that hold Bull Market Structure), Last Green (which means the indicator turned active Green and lost some of the characteristics that allowed it to go Active Green (this is a natural part of any pullback process and during these times there is still EDGE to finding confluent reasons too look for Longs until the indicator again turns to Active Red)), Active Red (which simply gives EDGE to shorting exhausted or weak bounces that hold Bear Market Structure), and Last RED (which means the indicator turned active Red and lost some of the characteristics that allowed it to go Active Green (this is a natural part of any pullback process and during these times there is still EDGE to finding confluent reasons too short until the indicator again turns to Active Green)).
As mentioned, this is a Daily TF concept, but, this indicator allows you to look at the same formula from the 5-minute chart to the Weekly chart. The benefit here is that it can allow the trained eye to get a better view at times where Longs have the path of least resistance and time when shorts have the path of least resistance. If we can give ourselves some extra EDGE toward knowing the path of least resistance on time frames that are above our trigger TF (The TF we plan to take a trade on) then we can be better prepared to either keep a tighter stop or perhaps give a Long or a Short more room to run due to what seems to be a friendly environment.
This indicator takes some time to understand, but, it has also been a massive favorite for many True Vibration 2.0 users for quite some time as this was previously built into that indicator. Utilizing True Vibration 2.0 along with DBI will heighten your experience dramatically.
Future Grand Trend This my version of try to think about next movement of chart.
WARNING:
- For purpose educate only
Offbeat Trading Ultra Market StructureTools utilized at Offbeat Trading
This script combines ZigZag lines and ATR to indicate for the user which swing points are significant when reading market structure. What really makes this script unique is how well it defines key market structure points to help traders avoid getting caught in the "noise" of markets. The combination of ZZ and ATR works well to isolate the meaningful market structure breaks.
This tool defines key market structure points for you and is an alternative to discretionary read on market structure. At Offbeat Trading we utilize the script alongside different price action rules and concepts. The screenshot showcases one way of utilizing the script in order to get a strong and mechanical directional bias. Purple = key market structure points shown by the script. From there one should add an entry trigger the biased direction.
ATR can be tweaked with an input multiplier for different variations depending in trader preference. Default settings works optimally on H1 timeframe from personal testing.
