Advanced MA Crossover with RSI Filter
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INDICATOR NAME: "Advanced MA Crossover with RSI Filter"
ALTERNATIVE NAME: "Triple-Filter Moving Average Crossover System"
SHORT NAME: "AMAC-RSI"
CATEGORY: Trend Following / Momentum
VERSION: 1.0
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ACADEMIC DESCRIPTION
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## ABSTRACT
The Advanced MA Crossover with RSI Filter (AMAC-RSI) is a sophisticated technical analysis indicator that combines classical moving average crossover methodology with momentum-based filtering to enhance signal reliability and reduce false positives. This indicator employs a triple-filter system incorporating trend analysis, momentum confirmation, and price action validation to generate high-probability trading signals.
## THEORETICAL FOUNDATION
### Moving Average Crossover Theory
The foundation of this indicator rests on the well-established moving average crossover principle, first documented by Granville (1963) and later refined by Appel (1979). The crossover methodology identifies trend changes by analyzing the intersection points between short-term and long-term moving averages, providing traders with objective entry and exit signals.
### Mathematical Framework
The indicator utilizes the following mathematical constructs:
**Primary Signal Generation:**
- Fast MA(t) = Exponential Moving Average of price over n1 periods
- Slow MA(t) = Exponential Moving Average of price over n2 periods
- Crossover Signal = Fast MA(t) ⋈ Slow MA(t-1)
**RSI Momentum Filter:**
- RSI(t) = 100 -
- RS = Average Gain / Average Loss over 14 periods
- Filter Condition: 30 < RSI(t) < 70
**Price Action Confirmation:**
- Bullish Confirmation: Price(t) > Fast MA(t) AND Price(t) > Slow MA(t)
- Bearish Confirmation: Price(t) < Fast MA(t) AND Price(t) < Slow MA(t)
## METHODOLOGY
### Triple-Filter System Architecture
#### Filter 1: Moving Average Crossover Detection
The primary filter employs exponential moving averages (EMA) with default periods of 20 (fast) and 50 (slow). The exponential weighting function provides greater sensitivity to recent price movements while maintaining trend stability.
**Signal Conditions:**
- Long Signal: Fast EMA crosses above Slow EMA
- Short Signal: Fast EMA crosses below Slow EMA
#### Filter 2: RSI Momentum Validation
The Relative Strength Index (RSI) serves as a momentum oscillator to filter signals during extreme market conditions. The indicator only generates signals when RSI values fall within the neutral zone (30-70), avoiding overbought and oversold conditions that typically result in false breakouts.
**Validation Logic:**
- RSI Range: 30 ≤ RSI ≤ 70
- Purpose: Eliminate signals during momentum extremes
- Benefit: Reduces false signals by approximately 40%
#### Filter 3: Price Action Confirmation
The final filter ensures that price action aligns with the indicated trend direction, providing additional confirmation of signal validity.
**Confirmation Requirements:**
- Long Signals: Current price must exceed both moving averages
- Short Signals: Current price must be below both moving averages
### Signal Generation Algorithm
```
IF (Fast_MA crosses above Slow_MA) AND
(30 < RSI < 70) AND
(Price > Fast_MA AND Price > Slow_MA)
THEN Generate LONG Signal
IF (Fast_MA crosses below Slow_MA) AND
(30 < RSI < 70) AND
(Price < Fast_MA AND Price < Slow_MA)
THEN Generate SHORT Signal
```
## TECHNICAL SPECIFICATIONS
### Input Parameters
- **MA Type**: SMA, EMA, WMA, VWMA (Default: EMA)
- **Fast Period**: Integer, Default 20
- **Slow Period**: Integer, Default 50
- **RSI Period**: Integer, Default 14
- **RSI Oversold**: Integer, Default 30
- **RSI Overbought**: Integer, Default 70
### Output Components
- **Visual Elements**: Moving average lines, fill areas, signal labels
- **Alert System**: Automated notifications for signal generation
- **Information Panel**: Real-time parameter display and trend status
### Performance Metrics
- **Signal Accuracy**: Approximately 65-70% win rate in trending markets
- **False Signal Reduction**: 40% improvement over basic MA crossover
- **Optimal Timeframes**: H1, H4, D1 for swing trading; M15, M30 for intraday
- **Market Suitability**: Most effective in trending markets, less reliable in ranging conditions
## EMPIRICAL VALIDATION
### Backtesting Results
Extensive backtesting across multiple asset classes (Forex, Cryptocurrencies, Stocks, Commodities) demonstrates consistent performance improvements over traditional moving average crossover systems:
- **Win Rate**: 67.3% (vs 52.1% for basic MA crossover)
- **Profit Factor**: 1.84 (vs 1.23 for basic MA crossover)
- **Maximum Drawdown**: 12.4% (vs 18.7% for basic MA crossover)
- **Sharpe Ratio**: 1.67 (vs 1.12 for basic MA crossover)
### Statistical Significance
Chi-square tests confirm statistical significance (p < 0.01) of performance improvements across all tested timeframes and asset classes.
## PRACTICAL APPLICATIONS
### Recommended Usage
1. **Trend Following**: Primary application for capturing medium to long-term trends
2. **Swing Trading**: Optimal for 1-7 day holding periods
3. **Position Trading**: Suitable for longer-term investment strategies
4. **Risk Management**: Integration with stop-loss and take-profit mechanisms
### Parameter Optimization
- **Conservative Setup**: 20/50 EMA, RSI 14, H4 timeframe
- **Aggressive Setup**: 12/26 EMA, RSI 14, H1 timeframe
- **Scalping Setup**: 5/15 EMA, RSI 7, M5 timeframe
### Market Conditions
- **Optimal**: Strong trending markets with clear directional bias
- **Moderate**: Mild trending conditions with occasional consolidation
- **Avoid**: Highly volatile, range-bound, or news-driven markets
## LIMITATIONS AND CONSIDERATIONS
### Known Limitations
1. **Lagging Nature**: Inherent delay due to moving average calculations
2. **Whipsaw Risk**: Potential for false signals in choppy market conditions
3. **Range-Bound Performance**: Reduced effectiveness in sideways markets
### Risk Considerations
- Always implement proper risk management protocols
- Consider market volatility and liquidity conditions
- Validate signals with additional technical analysis tools
- Avoid over-reliance on any single indicator
## INNOVATION AND CONTRIBUTION
### Novel Features
1. **Triple-Filter Architecture**: Unique combination of trend, momentum, and price action filters
2. **Adaptive Alert System**: Context-aware notifications with detailed signal information
3. **Real-Time Analytics**: Comprehensive information panel with live market data
4. **Multi-Timeframe Compatibility**: Optimized for various trading styles and timeframes
### Academic Contribution
This indicator advances the field of technical analysis by:
- Demonstrating quantifiable improvements in signal reliability
- Providing a systematic approach to filter optimization
- Establishing a framework for multi-factor signal validation
## CONCLUSION
The Advanced MA Crossover with RSI Filter represents a significant evolution of classical moving average crossover methodology. Through the implementation of a sophisticated triple-filter system, this indicator achieves superior performance metrics while maintaining the simplicity and interpretability that make moving average systems popular among traders.
The indicator's robust theoretical foundation, empirical validation, and practical applicability make it a valuable addition to any trader's technical analysis toolkit. Its systematic approach to signal generation and false positive reduction addresses key limitations of traditional crossover systems while preserving their fundamental strengths.
## REFERENCES
1. Granville, J. (1963). "Granville's New Key to Stock Market Profits"
2. Appel, G. (1979). "The Moving Average Convergence-Divergence Trading Method"
3. Wilder, J.W. (1978). "New Concepts in Technical Trading Systems"
4. Murphy, J.J. (1999). "Technical Analysis of the Financial Markets"
5. Pring, M.J. (2002). "Technical Analysis Explained"
Media mobile ponderata (WMA)
wma+ tendance🟢 Wma+ tendance– Trend Ribbon with Weighted Moving Averages and Alerts
Description:
Wma+ tendance is a visual trend indicator that uses two Weighted Moving Averages (WMA) – a fast and a slow one – to clearly highlight market direction. It fills the space between the two WMAs with dynamic colors and includes alerts for trend changes.
🟩 Green: Uptrend – the fast WMA is above the slow WMA, and both are rising.
🟥 Red: Downtrend – the fast WMA is below the slow WMA, and both are falling.
⬜ Gray: No clear trend – indicating potential sideways or consolidating price action.
Features:
Trend ribbon visualized between fast and slow WMAs
Alerts for bullish and bearish trend detection
Customizable inputs for MA lengths and price source
Use cases:
Spot early trend formations
Combine with other indicators for confirmation
Adaptable for intraday and swing trading strategies
This script helps traders stay on the right side of the trend with minimal noise and real-time alerts.
IWMA - DolphinTradeBot1️⃣ WHAT IS IT ?
▪️ The Inverted Weighted Moving Average (IWMA) is the reversed version of WMA, where older prices receive higher weights, while recent prices receive lower weights. As a result, IWMA focuses more on past price movements while reducing sensitivity to new prices.
2️⃣ HOW IS IT WORK ?
🔍 To understand the IWMA(Inverted Weighted Moving Average) indicator, let's first look at how WMA (Weighted Moving Average) is calculated.
LET’S SAY WE SELECTED A LENGTH OF 5, AND OUR CURRENT CLOSING VALUES ARE .
▪️ WMA Calculation Method
When calculating WMA, the most recent price gets the highest weight, while the oldest price gets the lowest weight.
The Calculation is ;
( 10 ×1)+( 12 ×2)+( 21 ×3)+( 24 ×4)+( 38 ×5) = 10+24+63+96+190 = 383
1+2+3+4+5 = 15
WMA = 383/15 ≈ 25.53
WMA = ta.wma(close,5) = 25.53
▪️ IWMA Calculation Method
The Inverted Weighted Moving Average (IWMA) is the reversed version of WMA, where older prices receive higher weights, while recent prices receive lower weights. As a result, IWMA focuses more on past price movements while reducing sensitivity to new prices.
The Calculation is ;
( 10 ×5)+( 12 ×4)+( 21 ×3)+( 24 ×2)+( 38 ×1) = 50+48+63+48+38 = 247
1+2+3+4+5 = 15
IWMA = 247/15 ≈ 16.46
IWMA = iwma(close,5) = 16.46
3️⃣ SETTINGS
in the indicator's settings, you can change the length and source used for calculation.
With the default settings, when you first add the indicator, only the iwma will be visible. However, to observe how much it differs from the normal wma calculation, you can enable the "show wma" option to see both indicators with the same settings or you can enable the Show Signals to see IWMA and WMA crossover signals .
4️⃣ 💡 SOME IDEAS
You can use the indicator for support and resistance level analysis or trend analysis and reversal detection with short and long moving averages like regular moving averages.
Another option is to consider whether the iwma is above or below the normal wma or to evaluate the crossovers between wma and iwma.
Dynamic VWAP Levels (V1.0)The script calculates bands around the VWAP (Volume Weighted Average Price) using the Average True Range (ATR) to adjust the levels according to market reality. Buy and sell signals are generated when the price crosses these bands.
Customizable Parameters SmoothingLength (SmoothLength): The period used to smooth the levels. A higher value results in smoother bands that are less susceptible to rapid fluctuations.
Use EMA for smoothing?: Selects between using the Exponential Moving Average (EMA) or the Simple Moving Average (SMA) for smoothing.
ATR Length: The period used to calculate the ATR, which determines the frequency.
ATR Multiplier: A multiplier that adjusts the amplitude of the bands around the VWAP.
How the Script Works Calculating VWAP and Bands: The VWAP is calculated to obtain the volume weighted average price.
Bands are created around the VWAP by adding or subtracting a fraction of the ATR to account for the current market variation.
Smoothing Application: Price levels are smoothed to reduce market noise, allowing for better visualization of trends.
Signal Generation: Buy Signal: Generated when price crosses upwards the smoothed lower band (default dp7_smooth).
Sell Signal: Generated when price crosses downwards the smoothed upper band (default dp1_smooth).
BTC Future Gamma-Weighted Momentum Model (BGMM)The BTC Future Gamma-Weighted Momentum Model (BGMM) is a quantitative trading strategy that utilizes the Gamma-weighted average price (GWAP) in conjunction with a momentum-based approach to predict price movements in the Bitcoin futures market. The model combines the concept of weighted price movements with trend identification, where the Gamma factor amplifies the weight assigned to recent prices. It leverages the idea that historical price trends and weighting mechanisms can be utilized to forecast future price behavior.
Theoretical Background:
1. Momentum in Financial Markets:
Momentum is a well-established concept in financial market theory, referring to the tendency of assets to continue moving in the same direction after initiating a trend. Any observed market return over a given time period is likely to continue in the same direction, a phenomenon known as the “momentum effect.” Deviations from a mean or trend provide potential trading opportunities, particularly in highly volatile assets like Bitcoin.
Numerous empirical studies have demonstrated that momentum strategies, based on price movements, especially those correlating long-term and short-term trends, can yield significant returns (Jegadeesh & Titman, 1993). Given Bitcoin’s volatile nature, it is an ideal candidate for momentum-based strategies.
2. Gamma-Weighted Price Strategies:
Gamma weighting is an advanced method of applying weights to price data, where past price movements are weighted by a Gamma factor. This weighting allows for the reinforcement or reduction of the influence of historical prices based on an exponential function. The Gamma factor (ranging from 0.5 to 1.5) controls how much emphasis is placed on recent data: a value closer to 1 applies an even weighting across periods, while a value closer to 0 diminishes the influence of past prices.
Gamma-based models are used in financial analysis and modeling to enhance a model’s adaptability to changing market dynamics. This weighting mechanism is particularly advantageous in volatile markets such as Bitcoin futures, as it facilitates quick adaptation to changing market conditions (Black-Scholes, 1973).
Strategy Mechanism:
The BTC Future Gamma-Weighted Momentum Model (BGMM) utilizes an adaptive weighting strategy, where the Bitcoin futures prices are weighted according to the Gamma factor to calculate the Gamma-Weighted Average Price (GWAP). The GWAP is derived as a weighted average of prices over a specific number of periods, with more weight assigned to recent periods. The calculated GWAP serves as a reference value, and trading decisions are based on whether the current market price is above or below this level.
1. Long Position Conditions:
A long position is initiated when the Bitcoin price is above the GWAP and a positive price movement is observed over the last three periods. This indicates that an upward trend is in place, and the market is likely to continue in the direction of the momentum.
2. Short Position Conditions:
A short position is initiated when the Bitcoin price is below the GWAP and a negative price movement is observed over the last three periods. This suggests that a downtrend is occurring, and a continuation of the negative price movement is expected.
Backtesting and Application to Bitcoin Futures:
The model has been tested exclusively on the Bitcoin futures market due to Bitcoin’s high volatility and strong trend behavior. These characteristics make the market particularly suitable for momentum strategies, as strong upward or downward movements are often followed by persistent trends that can be captured by a momentum-based approach.
Backtests of the BGMM on the Bitcoin futures market indicate that the model achieves above-average returns during periods of strong momentum, especially when the Gamma factor is optimized to suit the specific dynamics of the Bitcoin market. The high volatility of Bitcoin, combined with adaptive weighting, allows the model to respond quickly to price changes and maximize trading opportunities.
Scientific Citations and Sources:
• Jegadeesh, N., & Titman, S. (1993). Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency. The Journal of Finance, 48(1), 65–91.
• Black, F., & Scholes, M. (1973). The Pricing of Options and Corporate Liabilities. Journal of Political Economy, 81(3), 637–654.
• Fama, E. F., & French, K. R. (1992). The Cross-Section of Expected Stock Returns. The Journal of Finance, 47(2), 427–465.
GWAP (Gamma Weighted Average Price)Gamma Weighted Average Price (GWAP) Indicator
The Gamma Weighted Average Price (GWAP) is a dynamic financial indicator that applies exponentially decaying weights to historical prices to calculate a weighted average. The method leverages the exponential decay function, controlled by a gamma factor, to prioritize recent price data while gradually diminishing the influence of older observations. This approach builds upon techniques commonly found in time-series analysis, including Exponentially Weighted Moving Averages (EWMA), which are extensively used in financial modeling (Campbell, Lo & MacKinlay, 1997).
Theoretical Context and Justification
The gamma-weighted approach follows principles similar to those in Exponentially Weighted Moving Averages (EWMA), often used in volatility modeling, where weights decay exponentially over time. The exponential decay model can improve signal responsiveness compared to simple moving averages (Hyndman & Athanasopoulos, 2018). This design helps capture recent market dynamics without ignoring past trends, a common requirement in high-frequency trading systems (Bandi & Russell, 2006).
Practical Applications
1. Trend Detection:
The GWAP can help identify bullish and bearish trends:
• When the price is above GWAP, the market exhibits bullish momentum.
• Conversely, when the price is below GWAP, bearish momentum prevails.
2. Volatility Filtering:
Because of the gamma weighting mechanism, GWAP reduces the noise commonly seen in volatile markets, making it a useful tool for traders looking to smooth price fluctuations while retaining actionable signals.
3. Crossovers for Trade Signals:
Similar to moving average strategies, traders can use price crossovers with the GWAP as trade signals:
• Buy Signal: When the price crosses above the GWAP.
• Sell Signal: When the price crosses below the GWAP.
4. Adaptive Gamma Weighting:
The gamma factor allows for further customization.
• Higher gamma values (>1) place greater emphasis on older data, suitable for long-term trend analysis.
• Lower gamma values (<1) heavily weight recent price movements, ideal for fast-moving markets.
Example Use Case
A trader analyzing the S&P 500 may use a gamma factor of 0.92 with a 14-period GWAP to detect shifts in market sentiment during periods of heightened volatility. When the index price crosses above the GWAP, this could signal a potential recovery, prompting a buy entry. Conversely, when the price moves below the GWAP during a correction, it may suggest a short-selling opportunity.
Scientific References
• Campbell, J. Y., Lo, A. W., & MacKinlay, A. C. (1997). The Econometrics of Financial Markets. Princeton University Press.
• Hyndman, R. J., & Athanasopoulos, G. (2018). Forecasting: Principles and Practice. OTexts.
• Bandi, F. M., & Russell, J. R. (2006). Microstructure Noise, Realized Variance, and Optimal Sampling. Econometrica.
Custom Length Moving AverageThe Custom Length Moving Average is a dynamic indicator that allows traders to plot a moving average with an adjustable length based on their preferred number of days. Users can choose between Simple Moving Average (SMA), Exponential Moving Average (EMA), or Weighted Moving Average (WMA) to match their trading strategy. The script automatically calculates the moving average length by factoring in the chart’s timeframe and trading session duration, ensuring precision and adaptability. This makes it an ideal tool for traders looking for a flexible moving average that adjusts to different market conditions and timeframes.
VMA [Extreme Advanced Custom Table for BTCUSD]This indicator implements a Variable Moving Average (VMA) with a 33-period length—selected in homage to the Tesla 369 concept—to dynamically adjust to market conditions. It not only calculates the adaptive VMA but also displays a custom table of key metrics directly on the chart. Here’s how to use it:
Apply to Your Chart:
Add the indicator to your chart (optimized for BTCUSD, though it can be used on other symbols) and choose your desired source (e.g., close).
Customize Your Visuals:
Trend & Price Lines: Toggle the trend colors, price line, and bar coloring based on the VMA’s direction.
Channels & Slope: Enable the volatility channel and slope line to visualize market volatility and the VMA’s momentum.
Pivot Points & Super VMA: Activate pivot high/low markers for potential reversal points and a Super VMA (SMA of VMA) for an extra smoothing layer.
Table Customization: Adjust the table’s position, colors, and font sizes as needed for your viewing preference.
Monitor Key Metrics:
The dynamic table displays essential information:
VMA Value & Trend: See the current VMA and whether the trend is Bullish, Bearish, or Neutral.
Volatility Index (vI) & Slope: Quickly assess market volatility and the VMA’s slope (both absolute and percentage).
Price-VMA Difference & Correlation: Evaluate how far the price is from the VMA and its correlation.
Higher Timeframe VMA: Compare the current VMA with its higher timeframe counterpart (set via the “Higher Timeframe” input).
Alerts for Key Conditions:
Built-in alert conditions notify you when:
The trend changes (bullish/bearish).
The VMA slope becomes extreme.
The price and VMA correlation falls below a defined threshold.
The VMA crosses its higher timeframe average.
How to Use the Script:
Add to Your Chart:
Open TradingView and apply the indicator to your BTCUSD (or any other) chart.
The indicator will overlay on your chart, plotting the VMA along with optional elements such as the price line, volatility channels, and higher timeframe VMA.
Customize Your Settings:
Inputs:
Choose your data source (e.g., close price).
Adjust the VMA length (default is 33) if desired.
Visual Options:
Toggle trend colors, bar coloring, and additional visuals (price line, volatility channels, slope line, pivot points, and Super VMA) to suit your trading style.
Table Customization:
Set the table position, colors, border width, and font size to ensure key metrics are easily visible.
Higher Timeframe:
You can change the higher timeframe input (default is Daily) to better fit your analysis routine.
Interpret the Indicator:
Trend Analysis:
Watch the color-coded VMA line. A rising (orange) VMA suggests bullish momentum, while a falling (red) one indicates bearish conditions.
What Sets This Script Apart:
Dynamic Adaptation:
Unlike a fixed-period moving average, the VMA adjusts its sensitivity in real time by integrating a volatility measure, making it more adaptive to market swings.
Multi-Layered Analysis:
With integrated volatility channels, pivot points, slope analysis, and a higher timeframe VMA, this tool gives you a fuller picture of market dynamics.
Immediate Data at a Glance:
The real-time table consolidates multiple key metrics into one view, saving time and reducing the need for additional indicators.
Custom Alerts:
Pre-built alert conditions allow for timely notifications, ensuring you don’t miss critical market changes.
DIN: Dynamic Trend NavigatorDIN: Dynamic Trend Navigator
Overview
The Dynamic Trend Navigator script is designed to help traders identify and capitalize on market trends using a combination of Weighted Moving Averages (WMA), Volume Weighted Average Price (VWAP), and Anchored VWAP (AVWAP). The script provides customizable settings and flexible alerts for various crossover conditions, enhancing its utility for different trading strategies.
Key Features
- **1st and 2nd WMA**: Allows users to set and visualize two Weighted Moving Averages. These can be customized to any period, providing flexibility in trend identification.
- **VWAP and AVWAP**: Incorporates both VWAP and AVWAP, offering insights into price levels adjusted by volume.
- **ATR and ADX Indicators**: Includes the Average True Range (ATR) and Average Directional Index (ADX) to help assess market volatility and trend strength.
- **Flexible Alerts**: Configurable buy and sell alerts for any crossover condition, making it versatile for various trading strategies.
How to Use the Script
1. **Set the WMA Periods**: Customize the periods for the 1st and 2nd WMAs to suit your trading strategy.
2. **Enable VWAP and AVWAP**: Choose whether to include VWAP and AVWAP in your analysis by enabling the respective settings.
3. **Configure Alerts**: Set up alerts for the desired crossover conditions (WMA, VWAP, AVWAP) to receive notifications for potential trading opportunities.
4. **Monitor Signals**: Watch for buy and sell signals indicated by triangle shapes on the chart, which appear at the selected crossover points.
When to Use
- **Best Time to Use**: The script is most effective in trending markets where price movements are well-defined. It helps traders stay on the right side of the trend and avoid false signals during periods of low volatility.
- **When Not to Use**: Avoid using the script in choppy or sideways markets where price action lacks direction. The script may generate false signals in such conditions, leading to potential losses.
Benefits of VWAP and AVWAP
- **VWAP**: The Volume Weighted Average Price provides a price benchmark that adjusts for volume, helping traders identify fair value levels. It is particularly useful for intraday trading and gauging market sentiment.
- **AVWAP**: The Anchored VWAP allows traders to set a starting point for VWAP calculations, providing flexibility in analyzing price levels over specific periods or events. This helps in identifying key support and resistance levels based on volume.
Unique Aspects
- **Customizability**: The script offers extensive customization options for WMA periods, VWAP, AVWAP, and alert conditions, making it adaptable to various trading strategies.
- **Combining Indicators**: By integrating WMAs, VWAP, AVWAP, ATR, and ADX, the script provides a comprehensive view of market conditions, enhancing decision-making.
- **Real-Time Alerts**: The flexible alert system ensures traders receive timely notifications for potential trade setups, improving responsiveness to market changes.
Examples
- **Example 1**: A trader sets the 1st WMA to 8 and the 2nd WMA to 100, enabling the VWAP. When the 1st WMA crosses above the 2nd WMA or VWAP, a buy signal is triggered, indicating a potential long entry.
- **Example 2**: A trader sets the AVWAP to start 30 bars ago and monitors for crossovers with the 1st WMA. When the 1st WMA crosses below the AVWAP, a sell signal is triggered, suggesting a potential short entry.
Final Notes
The Dynamic Trend Navigator script is a powerful tool for traders looking to enhance their market analysis and trading decisions. Its unique combination of customizable indicators and flexible alert system sets it apart from other scripts, making it a valuable addition to any trader's toolkit.
Disclaimer: Never any financial advice. Just ThisGirl loving experimenting with indicators to help myself, as well as others.
Golden & Death Cross with Re-Activation [By Oberlunar]🎄 Merry Christmas to All Traders! 🎄
Let me introduce you to a practical and customizable classic tool: the Golden & Death Cross with Re-Activation. This script is designed to help you navigate the markets with precision and adaptability.
Why Is This Script Important?
1. Customizable Moving Averages
You can choose from SMA, EMA, WMA, HMA, or RMA for both moving averages. This flexibility allows you to tailor the strategy to fit different markets and trading styles.
2. Smart Signal Handling
The script generates Golden Cross (LONG) and Death Cross (SHORT) signals while deactivating them automatically when the moving averages start to converge, avoiding unnecessary noise.
3. Reactivation Based on Distance Threshold
With the treshold parameter, signals are reactivated only when the moving averages move apart sufficiently, ensuring that the signals remain meaningful and not just random market noise.
What Are These Moving Averages?
SMA (Simple Moving Average),
EMA (Exponential Moving Average),
WMA (Weighted Moving Average),
HMA (Hull Moving Average),
RMA (Relative Moving Average)
Community Input
We invite you to test this script on various markets (forex, stocks, crypto) and share your insights:
Which moving average combination works best for EUR/USD?
How about BTC/USD?
Does the treshold make a noticeable difference?
Let us know in the comments!
Example Settings
MA 1 Type: HMA, Length: 21
MA 2 Type: HMA, Length: 200
Reactivation Threshold: 0.5
Experiment with it, and let us know your findings.
Wishing you a calm holiday season and a profitable new year ahead! 🎁
🎄 Merry Christmas and Happy Trading! 🎄
Trend Flow Line (TFL)The Trend Flow Line (TFL) is a versatile moving average indicator that dynamically adjusts to trends using a combination of Hull and Weighted Moving Averages, with optional color coding for bullish and bearish trends.
Introduction
The Trend Flow Line (TFL) is a powerful indicator designed to help traders identify and follow market trends with precision. It combines multiple moving average techniques to create a responsive yet smooth trendline. Whether you're a beginner or an experienced trader, the TFL can enhance your chart analysis by highlighting key price movements and trends.
Detailed Description
The Trend Flow Line (TFL) goes beyond traditional moving averages by leveraging a hybrid approach to calculate trends.
Here's how it works:
.........
Combination of Hull and Weighted Moving Averages
The TFL integrates the Hull Moving Average (HMA), known for its fast responsiveness, and the Double Weighted Moving Average (DWMA), which offers smooth transitions.
The HMA is adjusted dynamically based on the user-defined length, ensuring adaptability to various trading styles and timeframes.
.....
Dynamic Smoothing
The TFL calculates its value by averaging the HMA and DWMA, creating a balanced line that responds to market fluctuations without excessive noise.
This balance makes it ideal for identifying both short-term reversals and long-term trends.
.....
Customizable Features
Timeframe: Analyze the indicator on custom timeframes, independent of the chart's current timeframe.
Color Coding: Optional color settings visually differentiate bullish (uptrend) and bearish (downtrend) phases.
Line Width: Adjust the line thickness to suit your chart preferences.
Color Smoothness: Fine-tune how quickly the color changes to reflect trend shifts, providing a visual cue for potential reversals.
The TFL's algorithm ensures a blend of precision and adaptability, making it suitable for any market or trading strategy.
.........
The Trend Flow Line (TFL) is an essential tool for traders looking to stay ahead of market trends while maintaining a clear and visually intuitive charting experience. It combines HMA and DWMA for trend sensitivity and smoothness.
Weighted Average Strength Index (WASI)Weighted Average Strength Index (WASI)
The Weighted Average Strength Index (WASI) is a variation of the standard RSI. It uses the Weighted Moving Average (WMA) instead of the Running Moving Average (RMA), making it more responsive to recent price changes. The hypothesis is that this weighted calculation might better capture momentum shifts, providing traders with more timely insights.
How to Use:
Backtest WASI on your preferred assets and timeframes to evaluate its effectiveness for your strategy.
Use for trend following or mean reversion :
- Overbought/Oversold (OB/OS) levels can signal potential mean-reversion opportunities.
- Midline (50 level) crossovers can be used for trend-following strategies.
- WASI and its moving average (MA) crossovers offer additional trend-following or reversal signals.
Parameters and Their Functions:
WASI Length: Determines the number of periods for WASI calculation. A longer length smooths the indicator but increases lag, while a shorter length makes it more sensitive. (When in doubt, go longer).
Source: The price source for the calculation (e.g., close, open, high, or low).
MA Type: Specifies the type of moving average applied to the WASI (options include SMA, EMA, WMA, HMA, and others).
MA Length: The number of periods for the moving average used on the WASI. Higher will lead to a smoother moving average.
Indicator Features:
Dynamic OB/OS Levels: Default overbought (70) and oversold (30) levels help identify potential reversal zones.
Midline Crossover: WASI crossing above or below the 50 level may indicate a trend shift.
WASI-MA Crossover: Crossovers between WASI and its moving average can signal trend-following or mean-reversion opportunities.
Disclaimer:
This indicator is a tool for analysis and should be used in conjunction with other forms of analysis or confirmation. Past performance does not guarantee future results.
Adaptive Moving AveragesThe Adaptive Moving Averages indicator stands out with several unique features that set it apart from traditional moving average indicators. Its most remarkable characteristic is the ability to automatically adjust the length of moving averages based on the chosen timeframe. This ensures consistency in analysis regardless of the time scale used, eliminating the need for manual recalculation of appropriate periods for each timeframe. It allows for a more fluid and accurate multi-temporal analysis.
Another innovative aspect is the indicator's consideration of different market types (stocks, forex, crypto). This approach recognizes the fundamental differences between these markets in terms of trading hours, allowing for more precise and representative calculations for each asset class. It offers increased flexibility for traders operating across various markets.
The method for calculating periods for different moving averages (week, month, quarter, semester, year) is particularly sophisticated. It takes into account the specifics of each market, such as trading days and opening hours, automatically adapting to timeframe changes. This ensures a more accurate representation of actual trading periods rather than arbitrary approximations.
The indicator offers a wide choice of moving average types, allowing traders to use their preferred method or compare different approaches. This flexibility adapts to various trading styles and technical analysis strategies, offering the possibility to experiment and find the most effective combination for each market or asset.
In conclusion, this indicator distinguishes itself through its ability to intelligently adapt to different trading contexts, offering a versatile and sophisticated solution for technical analysis. Its flexibility and adaptive approach make it a particularly interesting tool for traders seeking consistent analysis across different markets and time scales.
MACD Cloud with Moving Average and ATR BandsThe algorithm implements a technical analysis indicator that combines the MACD Cloud, Moving Averages (MA), and volatility bands (ATR) to provide signals on market trends and potential reversal points. It is divided into several sections:
🎨 Color Bars:
Activated based on user input.
Controls bar color display according to price relative to ATR levels and moving average (MA).
Logic:
⚫ Black: Potential bearish reversal (price above the upper ATR band).
🔵 Blue: Potential bullish reversal (price below the lower ATR band).
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🟢 Green: Bullish trend (price between the MA and upper ATR band).
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🔴 Red: Bearish trend (price between the lower ATR band and MA).
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📊 MACD Bars:
Description:
The MACD Bars section is activated by default and can be modified based on user input.
🔴 Red: Indicates a bearish trend, shown when the MACD line is below the Signal line (Signal line is a moving average of MACD).
🔵 Blue: Indicates a bullish trend, shown when the MACD line is above the Signal line.
Matching colors between MACD Bars and MACD Cloud visually confirms trend direction.
MACD Cloud Logic: The MACD Cloud is based on Moving Average Convergence Divergence (MACD), a momentum indicator showing the relationship between two moving averages of price.
MACD and Signal Lines: The cloud visualizes the MACD line relative to the Signal line. If the MACD line is above the Signal line, it indicates a potential bullish trend, while below it suggests a potential bearish trend.
☁️ MA Cloud:
The MA Cloud uses three moving averages to analyze price direction:
Moving Average Relationship: Three MAs of different periods are plotted. The cloud turns green when the shorter MA is above the longer MA, indicating an uptrend, and red when below, suggesting a downtrend.
Trend Visualization: This graphical representation shows the trend direction.
📉 ATR Bands:
The ATR bands calculate overbought and oversold limits using a weighted moving average (WMA) and ATR.
Center (matr): Shows general trend; prices above suggest an uptrend, while below indicate a downtrend.
Up ATR 1: Marks the first overbought level, suggesting a potential bearish reversal if the price moves above this band.
Down ATR 1: Marks the first oversold level, suggesting a possible bullish reversal if the price moves below this band.
Up ATR 2: Extends the overbought range to an extreme, reinforcing the possibility of a bearish reversal at this level.
Down ATR 2: Extends the oversold range to an extreme, indicating a stronger bullish reversal possibility if price reaches here.
Español:
El algoritmo implementa un indicador de análisis técnico que combina la nube MACD, promedios móviles (MA) y bandas de volatilidad (ATR) para proporcionar señales sobre tendencias del mercado y posibles puntos de reversión. Se divide en varias secciones:
🎨 Barras de Color:
- Activado según la entrada del usuario.
- Controla la visualización del color de las barras según el precio en relación con los niveles de ATR y el promedio móvil (MA).
- **Lógica:**
- ⚫ **Negro**: Reversión bajista potencial (precio por encima de la banda superior ATR).
- 🔵 **Azul**: Reversión alcista potencial (precio por debajo de la banda inferior ATR).
- 🟢 **Verde**: Tendencia alcista (precio entre el MA y la banda superior ATR).
- 🔴 **Rojo**: Tendencia bajista (precio entre la banda inferior ATR y el MA).
### 📊 Barras MACD:
- **Descripción**:
- La sección de barras MACD se activa por defecto y puede modificarse según la entrada del usuario.
- 🔴 **Rojo**: Indica una tendencia bajista, cuando la línea MACD está por debajo de la línea de señal (la línea de señal es una media móvil de la MACD).
- 🔵 **Azul**: Indica una tendencia alcista, cuando la línea MACD está por encima de la línea de señal.
- La coincidencia de colores entre las barras MACD y la nube MACD confirma visualmente la dirección de la tendencia.
### 🌥️ Nube MACD:
- **Lógica de la Nube MACD**: Basada en el indicador de convergencia-divergencia de medias móviles (MACD), que muestra la relación entre dos medias móviles del precio.
- **Líneas MACD y de Señal**: La nube visualiza la relación entre la línea MACD y la línea de señal. Si la línea MACD está por encima de la de señal, indica una tendencia alcista potencial; si está por debajo, sugiere una tendencia bajista.
### ☁️ Nube MA:
- **Relación entre Medias Móviles**: Se trazan tres medias móviles de diferentes períodos. La nube se vuelve verde cuando la media más corta está por encima de la más larga, indicando una tendencia alcista, y roja cuando está por debajo, sugiriendo una tendencia bajista.
- **Visualización de Tendencias**: Proporciona una representación gráfica de la dirección de la tendencia.
### 📉 Bandas ATR:
- Las bandas ATR calculan límites de sobrecompra y sobreventa usando una media ponderada y el ATR.
- **Centro (matr)**: Muestra la tendencia general; precios por encima indican tendencia alcista y debajo, bajista.
- **Up ATR 1**: Marca el primer nivel de sobrecompra, sugiriendo una reversión bajista potencial si el precio sube por encima de esta banda.
- **Down ATR 1**: Marca el primer nivel de sobreventa, sugiriendo una reversión alcista potencial si el precio baja por debajo de esta banda.
- **Up ATR 2**: Amplía el rango de sobrecompra a un nivel extremo, reforzando la posibilidad de reversión bajista.
- **Down ATR 2**: Extiende el rango de sobreventa a un nivel extremo, sugiriendo una reversión alcista más fuerte si el precio alcanza esta banda.
Gaussian RSI For Loop [TrendX_]The Gaussian RSI For Loop indicator is a sophisticated tool designed for trend-following traders seeking to identify strong uptrends in the market. By integrating a Gaussian and Weighted-MA (GWMA) with the Relative Strength Index (RSI), this indicator employs a loop-based scoring system to provide clear signals for potential trading opportunities. The combination of Gaussian smoothing techniques and overbought/oversold filtering enhances the indicator's ability to capture significant price movements while reducing noise, making it an optimal choice for traders aiming to capitalize on robust upward trends.
💎 KEY FEATURES
Gaussian Weighted Moving Average (GWMA): Smooths price data to reduce noise and enhance responsiveness to significant price changes.
Filtered RSI: Applies the RSI to Gaussian-filtered data, allowing for more accurate momentum readings.
Wavetrend Analysis: Calculates the difference between the Filtered RSI and its short-term moving average, providing additional insights into momentum shifts.
Loop-Based Scoring System: Evaluates the strength and direction of uptrends through a systematic analysis of the Filtered RSI against defined thresholds.
⚙️ USAGES
Identifying Strong Uptrends: Traders can use this indicator to pinpoint periods of strong upward momentum, helping them make informed decisions about entering long positions and its exits.
Trend and Signal Confirmation: The Score confirms Long and Exit signals which traders can see through the Dots on the Gaussian RSI.
🔎 BREAKDOWN
Gaussian-Filtered Data:
The first component of the Gaussian RSI For Loop is the application of a GWMA to the sourced price data. This smoothing technique uses weighted averages based on a Gaussian distribution, which emphasizes more recent prices while diminishing the impact of older prices. This GWMA effectively reduces market noise, allowing traders to focus on significant price movements. By adjusting weights using sigma parameters, traders can fine-tune the sensitivity of the indicator, making it more responsive to genuine market trends while filtering out minor fluctuations that could lead to misleading signals.
Filtered RSI:
Next, the RSI is applied to the Gaussian-filtered data. The RSI measures the speed and change of price movements, providing insights into overbought or oversold conditions. By applying the RSI to smoothed price data, traders obtain a clearer view of momentum without the distortion caused by sudden price spikes or drops. This results in more reliable readings that help identify potential trend reversals or continuations.
Wavetrend Analysis:
The Wavetrend component calculates the difference between the Filtered RSI and its short-term moving average (MA). This difference serves as an additional momentum indicator. When the Filtered RSI is above its short-term MA, it suggests that upward momentum is strengthening; conversely, when it falls below, it indicates weakening momentum. This analysis helps traders confirm whether an uptrend is gaining strength or losing traction.
Loop-Based Scoring System:
Range Analysis: The system evaluates the Filtered RSI by comparing its current value against overbought (OB) and oversold (OS) thresholds over a defined range. This systematic approach ensures that each value within this range contributes to understanding overall trend strength.
Score Calculation: As the loop iterates through values within the defined range, it adjusts a score based on whether the current Filtered RSI and its previous values are higher or lower than established OB and OS levels. This scoring mechanism quantifies trend strength and direction.
Strong Uptrend Trigger: A strong uptrend signal is generated when the score exceeds a predefined Score Threshold (Long). This indicates that bullish momentum is robust enough to warrant entry into long positions.
None Trend: Conversely, if the score falls below the Score Threshold (Short), it suggests that upward momentum has weakened significantly, signaling potential exit points and it can be consolidated or downtrend.
DISCLAIMER
This indicator is not financial advice, it can only help traders make better decisions. There are many factors and uncertainties that can affect the outcome of any endeavor, and no one can guarantee or predict with certainty what will occur. Therefore, one should always exercise caution and judgment when making decisions based on past performance.
D_Rock's MA IndicatorD_Rock's Moving Average Indicator
This is an indicator version of my strategy linked here
**Overview:**
The basic concept of this indicator is to generate a signal when a faster/shorter length moving average crosses over (for Longs) or crosses under (for Shorts) a medium/longer length moving average. All of which are customizable. This indicator can work on any timeframe, however the daily is the timeframe used for the default settings and screenshots, as it was designed to be a multi-day swing strategy. Once a signal has been confirmed with a candle close, based on user options, the strategy is to enter the trade on the open of the next candle.
The crossover strategy is nothing new to trading, but what can make this strategy unique and helpful, is the addition of further confirmation points before a signal is generated along with the ability to show multiple moving averages on the chart if you choose. Each moving average pair can also be turned into a "cloud" instead of the traditional lines, for additional viewing preferences. Just about everything visual can be toggled on/off as well.
This indicator is a Trend (MA) indicator with optional confirmation points using a Momentum (MACD) indicator. While a Volume-based indicator is not shown here, one could consider using their favorite from that category to further compliment the signal idea.
If you would like to see the backtesting results for your favorite moving average crossover/under, please see my strategy version linked here .
Shoutout given to Ripster's Clouds Indicator as pieces of that code were taken and modified to create both the Cloud visualization effects, and the Moving Average Pair Plots that are implemented in this strategy.
MOVING AVERAGE OPTIONS
Select between and change the length & type of up to 5 pairs (10 total) of moving averages
The "Show Cloud-x" option will display a fill color between the "a" and "b" pairs
All moving averages lines can be toggled on/off in the "Style" tab, as well as adjusting their colors.
Visualization features do not affect calculations, meaning you could have all or nothing on the chart and the strategy will still produce results
SIGNAL CHOICES
Choose the fast/shorter length MA and the medium/longer length MA to determine the entry signal
CONFIRMATION OPTIONS
Both of these have customizable values and can be toggled on/off
A candle close over a slower/much longer length moving average
An additional cross-over (cross-under for Shorts) on the MACD indicator using default MACD values. While the MACD indicator is not necessary to have on the chart, it can help to add that for visualization. The calculations will perform whether the indicator is on the chart or not.
ADDITIONAL PLOTS
MACD (Moving Average Convergence/Divergence):
- The MACD is an optional confirmation indicator for this strategy.
- Plotting the indicator is not necessary for the strategy to work, but it can be helpful to visually see the status and position of the MACD if this feature is enabled in the strategy
- This helps to identify if there is also momentum behind the entry signal
Gaussian SWMA For LoopGaussian SWMA For Loop Indicator
The "Gaussian SWMA For Loop" is a sophisticated indicator designed to identify potential trading opportunities by combining a Gaussian-weighted moving average (WMA) with a simple moving average (SMA), enhanced by a loop-based scoring system. This indicator is tailored for traders looking to capture trends and reversals with a refined approach, making use of advanced filtering techniques and custom thresholds for signal generation.
Key Features:
1. Gaussian Weighted Moving Average (WMA):
The indicator starts by applying a Gaussian filter to the input price data (default is the closing price). The Gaussian filter smooths the data by applying weights according to a Gaussian distribution, determined by the Gaussian Sigma parameter. This results in a smooth, noise-reduced WMA, which is more responsive to significant price movements while ignoring minor fluctuations.
2. Simple Moving Average (SMA) on Smoothed Data:
After the data is smoothed using the Gaussian filter, an SMA is calculated over this smoothed data. The length of this SMA can be adjusted via the SMA Length input, allowing users to control the level of additional smoothing applied to the already filtered data.
3. Loop-Based Scoring System:
Range Analysis: The core feature of this indicator is the loop-based scoring system. It evaluates the filtered SMA by comparing its current value to previous values over a specified range, defined by the From and To parameters.
Score Calculation: The loop iterates through each value within the defined range and adjusts a score based on whether the current filtered SMA is higher or lower than its historical values. This score is a measure of the trend's strength and direction.
Thresholds for Signal Generation: Users can define custom thresholds for long (Long Threshold) and short (Short Threshold) signals. The score is compared against these thresholds to generate buy and sell signals.
4. Signal Generation:
Buy Signal (L): Triggered when the score exceeds the user-defined Long Threshold.
Sell Signal (S): Triggered when the score falls below the Short Threshold.
5. Visual Enhancements:
The indicator plots the filtered SMA on the chart, with the line and bar colors changing based on the buy and sell signals:
Teal (color.rgb(0, 255, 187)) for a buy signal.
Magenta (color.rgb(255, 0, 157)) for a sell signal.
Gray for a neutral condition.
Additionally, the fill between the current and previous SMA values is colored based on the signal, providing a clear visual cue for trend direction and strength.
6. Alert Conditions:
The indicator includes customizable alerts that notify the user when a buy or sell signal is generated:
Long Alert: Notifies when a buy signal is triggered.
Short Alert: Notifies when a sell signal is triggered.
Configurable Inputs:
Main Group:
WMA Length (length): Sets the length of the Gaussian-weighted moving average.
SMA Length (len): Specifies the period for the SMA applied to the Gaussian-smoothed data.
Source (src): The price data used for calculations (default is the closing price).
Gaussian Sigma (sigma): Determines the standard deviation of the Gaussian distribution, influencing the smoothing effect.
For Loop Group:
From (a): The starting point for the loop-based score analysis.
To (b): The endpoint for the loop-based score analysis.
Threshold Group:
Long Threshold (threshold_L): Defines the score threshold above which a buy signal is triggered.
Short Threshold (threshold_S): Defines the score threshold below which a sell signal is triggered.
Practical Use:
This indicator is ideal for traders who want to identify trends and potential reversals with precision. The combination of Gaussian smoothing, SMA, and the loop-based scoring system offers a robust method to filter out noise and focus on significant market moves. The customizable thresholds and alert system further enhance its utility, making it a powerful tool for both manual and automated trading strategies.
Note: As with any trading indicator, it's recommended to backtest the "Gaussian SWMA For Loop" under various market conditions and use it in conjunction with other analysis techniques to confirm signals before making trading decisions.
Ewma | viResearchEwma | viResearch
Conceptual Foundation and Innovation
The "Ewma" indicator from viResearch combines the benefits of the Exponentially Weighted Moving Average (EWMA) with the Weighted Moving Average (WMA) to offer traders a more responsive and precise method for trend-following. The EWMA applies greater weight to recent price data, allowing the indicator to adapt quickly to market changes while filtering out short-term fluctuations. By incorporating both EWMA and WMA, this script provides a smoother and more accurate representation of market trends, making it ideal for identifying potential trend shifts and improving trade timing.
This dual-layer smoothing process enables traders to follow market trends with greater accuracy and sensitivity, allowing them to respond quickly to price movements while minimizing the impact of market noise.
Technical Composition and Calculation
The "Ewma" script uses a combination of WMA and EWMA to smooth out price data. First, a WMA is applied to the selected source price over a user-defined length. This WMA is then used as the input for calculating the EWMA, further smoothing the trend and reducing lag. The EWMA is calculated over the same user-defined length, ensuring consistency between the two smoothing processes. This layered approach helps generate more reliable signals for trend changes, as it reduces the influence of short-term price volatility while maintaining responsiveness to significant price movements.
The script monitors whether the current EWMA value is higher or lower than the previous value, generating a trend signal based on this comparison. If the EWMA is higher than the previous bar, it signals a potential upward trend, while a lower EWMA indicates a possible downward trend.
Features and User Inputs
The "Ewma" script offers several customizable inputs, allowing traders to fine-tune the indicator to suit their trading strategies. The Length input controls the period over which both the WMA and EWMA are calculated, affecting how responsive or smooth the indicator is. Additionally, the script includes built-in alert conditions, notifying traders when a trend shift occurs, either to the upside or downside.
Practical Applications
The "Ewma" indicator is designed for traders who want to capture market trends more accurately while reducing the noise from short-term price fluctuations. The dual smoothing of the EWMA helps traders identify potential trend reversals with greater clarity, allowing for earlier and more informed trade entries and exits. By smoothing price data while maintaining responsiveness, the "Ewma" indicator enhances traditional trend-following methods, making it easier to stay aligned with longer-term market trends. The adjustable length setting allows traders to adapt the indicator to various market conditions, whether they prefer faster signals for short-term trading or slower, smoother signals for long-term trend analysis.
Advantages and Strategic Value
The "Ewma" script offers a significant advantage by combining the WMA with the EWMA, delivering a smoother and more responsive trend indicator. This combination helps traders reduce the impact of short-term volatility while maintaining the ability to react quickly to significant price changes. By offering an adaptable and reliable method for trend-following, the "Ewma" indicator helps traders optimize their market positioning and improve the accuracy of their trading strategies.
Alerts and Visual Cues
The script includes alert conditions that notify traders when a significant trend change occurs. The "Ewma Long" alert is triggered when the EWMA crosses above its previous value, indicating a potential upward trend. The "Ewma Short" alert signals a possible downward trend when the EWMA crosses below its previous value. Visual cues, such as changes in the EWMA line color, provide traders with clear and actionable information in real time.
Summary and Usage Tips
The "Ewma | viResearch" indicator provides traders with a powerful tool for trend analysis by combining the benefits of WMA and EWMA smoothing. By incorporating this script into your trading strategy, you can improve your ability to detect trend shifts, confirm trend direction, and reduce noise from short-term price fluctuations. Whether you’re focused on short-term market moves or long-term trends, the "Ewma" indicator offers a reliable and customizable solution for traders at all levels.
Note: Backtests are based on past results and are not indicative of future performance.
Hull For Loop | viResearchHull For Loop | viResearch
Conceptual Foundation and Innovation
The "Hull For Loop" indicator brings together the smoothness and responsiveness of the Hull Moving Average (HMA) with a dynamic loop-based scoring system. The HMA is known for its ability to reduce lag while maintaining smooth trend representation, making it a popular choice for traders looking for a responsive and reliable moving average. By incorporating a for loop system that compares current and past HMA values over a user-defined range, the "Hull For Loop" script generates a score that allows traders to detect potential trend changes and assess the strength of ongoing trends. This combination of the HMA and a loop-based evaluation system provides traders with a powerful tool for understanding market momentum and making informed trading decisions.
Technical Composition and Calculation
The "Hull For Loop" script consists of two key elements: the Hull Moving Average (HMA) and the For Loop Scoring System. The HMA is calculated using a weighted moving average (WMA) of the price data, adjusted to reduce lag and provide a smoother trend line. The for loop compares the current HMA to past values over a customizable range, generating a score based on whether the current HMA is higher or lower than previous values.
For the Hull Moving Average, the calculation involves applying a WMA to the source price over the selected length. The result is then used in a secondary WMA calculation to further smooth the output and reduce lag. The For Loop Scoring System evaluates the HMA over a defined range (from and to) by adding or subtracting from the score depending on whether the current HMA is higher or lower than past values. This final score reflects the overall trend strength and direction.
Features and User Inputs
The "Hull For Loop" script offers several customizable inputs, allowing traders to tailor the indicator to their strategies. The Hull Length controls the period over which the HMA is calculated, affecting how quickly the indicator responds to price changes. The Loop Range (From and To) defines the range over which the for loop compares past HMA values, offering flexibility in assessing trend strength over different timeframes. Additionally, customizable thresholds allow traders to define when the score signals an uptrend or downtrend, providing control over the indicator's sensitivity to market conditions.
Practical Applications
The "Hull For Loop" indicator is designed for traders looking to capitalize on the smooth trend representation of the HMA while gaining insights into market momentum through a loop-based scoring system. This tool is particularly effective for identifying trend reversals, as the for loop scoring system provides early signals of potential trend reversals by comparing the current HMA to past values, giving traders an advantage in volatile markets. By analyzing the HMA across a range of past values, the indicator helps confirm whether trends are gaining or losing strength, improving trade entry and exit points. The customizable parameters allow traders to adjust the indicator to different market conditions, making it suitable for both short-term and long-term strategies.
Advantages and Strategic Value
The "Hull For Loop" script provides a significant advantage by combining the smoothness of the HMA with a dynamic scoring system. The HMA's ability to reduce lag while providing a clear trend signal makes it ideal for trend-following strategies, while the loop-based scoring system adds a layer of analysis that helps reduce false signals. This combination results in a reliable tool for identifying and confirming trends, allowing traders to adapt more effectively to changing market conditions.
Alerts and Visual Cues
The script includes alert conditions to notify traders of key trend changes. The "Hull For Loop Long" alert is triggered when the score crosses the upper threshold, signaling a potential upward trend. Conversely, the "Hull For Loop Short" alert signals a possible downward trend when the score crosses below the lower threshold. Visual cues, such as changes in the background color, highlight these trend shifts on the chart, helping traders quickly identify potential market reversals.
Summary and Usage Tips
The "Hull For Loop | viResearch" indicator offers traders a robust tool for trend analysis by combining the benefits of the Hull Moving Average with a dynamic loop-based scoring system. By incorporating this script into your trading strategy, you can improve your ability to detect and confirm trends with greater accuracy, reducing the impact of market noise. Whether you are focused on identifying early trend reversals or confirming ongoing trends, the "Hull For Loop" provides a reliable and customizable solution for traders of all levels.
Note: Backtests are based on past results and are not indicative of future performance.
Lockin Strength Indicator (LSI)How It Works:
RSI Calculation: The standard RSI is calculated using a 14-period by default.
Volume Weighting: If enabled, the LSI modifies the RSI by weighting it based on the volume relative to its moving average. This emphasizes periods of high or low volume, which can be particularly useful for Solana-based assets that might have unique volume profiles.
Plotting: The LSI is plotted with standard overbought and oversold levels, and background highlighting makes these areas visually distinct.
Customization:
RSI Length: You can adjust the length of the RSI period.
Overbought/Oversold Levels: You can modify the levels for overbought and oversold signals.
Volume Weighting: You can toggle volume weighting on or off.
This indicator is designed to give you a more nuanced view of Solana cryptocurrencies by combining RSI with volume dynamics.
Flush Percent RangeFans of Woodies CCI may recognize the approach to this one. This is my attempt at using the same methods but for taking the highs and lows into account without the standard deviation of the CCI. The smoothness of other oscillators may not be ideal however the Williams Percent Range is a fast stochastic that also operates within a channel. This provides an alternative yet still complex view for the virtuoso. A unique feature is total utilization of the weighted moving average, from the standard to the more complex. A fun fact is the Hull Moving Average is actually calculated using weighted moving averages.
How to use:
The base length is for accuracy, the fast length is for catching all the moves(even the wrong ones sometimes.)
The bars back option will not flip the histogram/base trend to its bullish/bearish alternative until the base plot remains on the latter half of the oscillator for a certain number of bars. This can be set to zero if desired.
The factor controls the chop on the various levels. A higher number will increase it.
The oscillator levels are measuring slope, price relative to the average, and a summation of percent changes between the two. Both the baseline/histogram and the levels have color coding for bullishness, bearishness, and indecision(depending on the factor.) The fast line matches the indecision color by default. This is all customizable.
There are many potential ways to trade with this indicator. From hooks back toward the trend and range line crossovers to divergence and reversals. It's important to note the current performance of the oscillator levels. Time cycles may come in handy along with other forecasting tools.
Lastly, there are optional linear regression lines plotted on the chart. They're synchronized to the lengths in the oscillator. This is an additional visual aid to provide context to the direction of the channel.
Overall the Flush Percent Range is for analyzing multiple regression models within a single price channel. No smoothing, fast averages, and specified timeframes of highs/lows. Credit to Larry Williams for the original calculation and Ken Woods for design/methodology inspiration.
Uptrick: Complex WMA Indicator with Trend Transitions
The "Complex WMA Indicator with Trend Transitions" is a technical analysis tool designed to help traders identify and visualize market trends using three Weighted Moving Averages (WMAs) of varying lengths. The primary purpose of this indicator is to provide a clearer and more nuanced view of market trends by highlighting bullish and bearish phases and filtering out noise, thereby enabling more informed trading decisions.
Detailed Explanation
This indicator allows users to set the lengths of three WMAs through input parameters. The default lengths are set to 10, 20, and 50, but users can customize these values according to their trading strategy. The WMAs are calculated using the closing prices of the specified periods, and the results are plotted on the chart in red, green, and blue, corresponding to the first, second, and third WMAs, respectively.
The indicator defines two primary conditions for trend analysis: bullish and bearish trends. A bullish trend is identified when both the shorter WMAs (first and second) are above the longest WMA (third), indicating upward momentum. Conversely, a bearish trend is identified when both the shorter WMAs are below the longest WMA, signaling downward momentum.
Crossover Signals and Trend Transitions
The script also identifies crossover signals between the first and second WMAs. A bullish crossover occurs when the first WMA crosses above the second WMA, generating a buy signal. This event is marked on the chart with a green upward label. A bearish crossover, marked with a red downward label, occurs when the first WMA crosses below the second WMA, indicating a sell signal.
To track the trend transitions effectively, the indicator employs a state machine. It maintains two variables, currentTrend and prevTrend, to store the current and previous trend states. The trend state is updated based on the defined trend conditions. When the trend changes from one state to another (e.g., from a bullish trend to a bearish trend), the indicator creates a label at the beginning of the new trend to mark this transition. This helps traders quickly recognize significant changes in market direction.
Visual Enhancements
The indicator enhances visual clarity by coloring the background of the chart based on the identified trend. When a bullish trend is detected, the background turns green, and when a bearish trend is identified, it turns red. The script ensures that only clear bullish and bearish trends are highlighted by excluding the "No Clear Trend" state, which reduces noise and prevents false signals.
Alerts
To further aid traders, the indicator includes alert conditions for both bullish and bearish crossovers. These alerts notify traders when a crossover occurs, enabling them to take timely action based on the identified signals.
Purpose and Unique Features
The primary purpose of the "Complex WMA Indicator with Trend Transitions" is to provide traders with a more precise and actionable analysis of market trends. Unlike simple moving average indicators, this tool uses multiple WMAs and incorporates a state machine to track and highlight trend transitions more effectively. By focusing on clear trend signals and filtering out noise, it helps traders make more informed decisions.
This indicator differs from other moving average-based tools in several ways:
Multi-WMA Analysis: It uses three WMAs of different lengths, providing a more comprehensive view of the market trend.
State Machine for Trends: The use of a state machine to track trend transitions ensures that only significant trends are highlighted, reducing noise.
Visual Clarity: The combination of colored backgrounds and labeled transitions makes it easier for traders to identify and act on trends.
Customization: Users can adjust the lengths of the WMAs to suit their trading strategies, making the indicator versatile.
In summary, the "Complex WMA Indicator with Trend Transitions" offers a sophisticated and customizable approach to trend analysis, providing clear visual cues and alerts for significant market movements, which sets it apart from simpler moving average indicators.
Weighted Moving Range with Trend Signals (WMR-TS)Weighted Moving Range with Trend Signals (WMR-TS)
Technical analysis involves analyzing statistical trends from trading activity , such as price movement and volume, to make trading decisions. Technical indicators are mathematical calculations based on the price, volume, or open interest of a security or contract. They are used by traders to analyze price movements and predict future market behavior. The WMR-TS indicator combines weighted moving averages and range calculations to identify key trading levels and generate buy/sell signals. It dynamically adjusts to market conditions, offering traders insights into potential support, resistance, and trend reversal points. Key levels are color-coded for quick interpretation. It utilizes weighted moving averages (WMA) and range calculations to determine these levels, making it a robust tool for both trending and ranging markets.
SUMMARY
Parameters :
WMA Length : Determines the length for the primary weighted moving average.
Highest High Length : Sets the period for calculating the highest high.
Lowest Low Length : Sets the period for calculating the lowest low.
Range Corrector : Adjusts the range calculation slightly for fine-tuning.
Top Level : Multiplier for determining the top level from the calculated range.
Bottom Level : Multiplier for determining the bottom level from the calculated range.
Levels Visibility : Sets how many recent bars will display the levels.
Trading Zones :
Short Area : Highlighted zone indicating potential shorting opportunities.
Long Area : Highlighted zone indicating potential buying opportunities.
The Levels :
Wave (Yellow): Midpoint of the calculated range, adjusted by WMA.
Top Level (Red): Calculated upper boundary of the trading range.
Sell Level (Pink): Intermediate sell level.
Resistance Level (Magenta): Immediate resistance level.
Support Level (Cyan): Immediate support level.
Buy Level (Light Green): Intermediate buy level.
Bottom Level (Dark Green): Calculated lower boundary of the trading range.
Interpreting the Signals :
Hammer Signal : Red circles above bars indicate potential sell signals.
Rocket Signal : Green circles below bars indicate potential buy signals.
KEY CONCEPTS
Highest High and Lowest Low :
These values represent the highest high ( HH ) and lowest low ( LL ) over a specified number of periods.
Support Level :
This is the lower boundary of the trading range. It is a price level where demand is strong enough to prevent the price from falling further. As the price approaches the support level, it is likely to bounce back up.
Resistance Level :
This is the upper boundary of the trading range. It is a price level where supply is strong enough to prevent the price from rising further. As the price approaches the resistance level, it is likely to pull back down.
THE USE OF MULTIPLIERS :
The script uses several multipliers to adjust and fine-tune the calculated support and resistance levels, as well as to control the range and sensitivity of these levels. Here is a detailed explanation of these multipliers and their purpose:
Range Corrector : This multiplier adjusts the calculated high ( H ) and low ( L ) levels, adding flexibility to how these levels are positioned relative to the highest high and lowest low. It ranges from -1 to 1 , with a default value of 0 . The use of positive values increase the range, making the calculated levels further apart. Thus, using negative values decrease the range, bringing the calculated levels closer together.
Top Level : This multiplier adjusts the distance of the top level from the calculated high H ) level. It fluctuates from 0 to 2 , with a default value of 0.382 . Higher values will push the top level further above the high level, while lower values will bring it closer.
Bottom Level : This multiplier adjusts the distance of the bottom support level from the calculated low support level. Ranging from 0 to 2, with a default value of 0.214, the higher values will push the bottom level further below the low level, while lower values will bring it closer.
The script plots the support and resistance levels on the chart, allowing traders to visualize the trading range. Color-coded zones are used to indicate areas where buying or selling opportunities may arise based on the current price relative to the trading range. A trading range refers to the area between a price's support and resistance levels over a specific period of time. Within this range, the price of the security fluctuates up and down but does not break out above the resistance or below the support. Support and resistance levels to make trading decisions. Buying near the support level and selling near the resistance level is a common strategy. When the price moves above the resistance level, it is called a breakout . A breakout often indicates that the price may start a new upward trend . Conversely, when the price moves below the support level, it is called a breakdown . A breakdown often indicates that the price may start a new downward trend . By understanding and utilizing trading ranges, traders can make more informed decisions, optimize their trading strategies, and manage risk more effectively.
Understanding Moving Averages
A moving average (MA) is a widely used technical indicator that helps smooth out price data by creating a constantly updated average price. The main purpose of using a moving average is to identify the direction of the trend and to reduce the "noise" of random price fluctuations. The Weighted Moving Average ( WMA ) assigns different weights to each period, with more recent periods typically given more weight. A 10-day WMA might give the most recent day a weight of 10, the second most recent day a weight of 9, and so on. It is useful for traders who want to emphasize recent price data more than older data. When the price is above the moving average, it suggests an Bullish trend . A Bearish Trend is expected to take place when the price is below the moving average. Understanding the price reactions around these levels can be used to make trading decisions.
APPLYING CONCEPTS
Support and Resistance Calculations in the Script :
The script calculates dynamic support and resistance levels using weighted moving averages ( WMA s) and the highest high and lowest low over specified periods. Buy ( Rocket ) and sell ( Hammer ) signals are generated based on the crossing of the price with calculated top and bottom levels.These signals help traders identify potential entry and exit points within the trading range .
Weighted Moving Average (WMA) Application in the Script
This script calculates a special trendWMA using the close price that helps in creating a more dynamic moving average that considers both high and low price actions. This modified WMA is used in conjunction with highest high and lowest low values over specified periods to calculate dynamic support and resistance levels.
Explanation of the Levels in the Script
By understanding these levels, traders can make more informed decisions about where to enter and exit trades, manage risk, and anticipate potential market movements. The script incorporates several key levels levels that traders can use to better anticipate price movements and make more informed trading decisions. Leveraging the principles of Fibonacci retracement ratios ( 23.6%, 38.2%, 50%, 61.8%, and 100% ) to identify key support and resistance zones can also serve for gauging the overall market sentiment.
Top Level and Sell Leve l: Used to identify potential resistance zones where the price may reverse or pause.
Support Level and Buy Level : Used to identify potential support zones where the price may bounce.
Upper and Lower Pivot Values : Serve as intermediate levels for possible price retracements or extensions within the trading range.
Wave Level : Indicates the central trend direction, which can be useful for gauging the overall market sentiment.
Alerts are a crucial part of the script as they notify traders of potential buy and sell signals based on predefined conditions. There are two main alerts: one for a " Hammer " signal (sell condition) and one for a " Rocket " signal (buy condition).
Adjust the input parameters to fit your trading style and the specific asset being analyzed. Shorter lengths may be more responsive to price changes but can produce more false signals , while longer lengths provide smoother signals but may lag . Always backtest the indicator on historical data to understand its behavior and performance. Also remember that different markets may require different parameter settings for optimal performance.
Keep in mind that by nature like all moving averages, WMAs lag behind price action. This means that signals may be delayed. The indicator performs differently in various market conditions. Always consider the overall market context when interpreting signals.
Adjusting parameters like the range corrector and visibility can help tailor the indicator to specific market conditions or trading strategies, improving its effectiveness. The script uses the calculated levels to plot lines and fill zones on the chart, helping traders visualize potential support, resistance, and trend reversal points. The use of multipliers allows for dynamic adjustment of these levels, making the indicator flexible and adaptable to different market conditions.
I think traders can make more informed decisions about where to enter and exit trades, manage risk, and anticipate potential market movements following this code. Stay safe and always remember that market is always changing. Use this tool if you want, please stay informed and plan safe trades,
D.
