Higher Timeframe EMAThis script plots a higher timeframe EMA to your chart.
You can specify the timeframe and the length of the EMA in the settings.
This chart demonstrates the 5-minute 50EMA (black) combined with the 1-hour 50EMA (colored) on the 1 minute timeframe.
Average
Optimized Random Average (Linear) mcbw_This is a moving average with a customizable random kernel. You can shape your kernel by selecting your parameters in the settings window. This is not something that is immediately ready to mess with by just applying it on the chart, it is very useful for people who are researching indicators and developing new tools. To see the shape of your kernel you can plug it into google or wolfram. This indicator and the related ones are rather technical in nature, so feel free to comment any questions you may have and to see if anyone has asked your question.
Read more here:
Happy studying and enjoy your life!
2019 will be absolutely insane!
Generalized Average Generic Gaussian Envelope mcbw_This is a moving average with a customizable gaussian kernel. You can shape your kernel by selecting your parameters in the settings window. This is not something that is immediately ready to mess with by just applying it on the chart, it is very useful for people who are researching indicators and developing new tools. To see the shape of your kernel you can plug it into google or wolfram. This indicator and the related ones are rather technical in nature, so feel free to comment any questions you may have and to see if anyone has asked your question.
Read more here:
Happy studying and enjoy your life!
2019 will be absolutely insane!
Generalized Average Polynomial Envelope mcbw_This is a moving average with a customizable polynomial kernel. You can shape your kernel by selecting your parameters in the settings window. This is not something that is immediately ready to mess with by just applying it on the chart, it is very useful for people who are researching indicators and developing new tools. To see the shape of your kernel you can plug it into google or wolfram. This indicator and the related ones are rather technical in nature, so feel free to comment any questions you may have and to see if anyone has asked your question.
Read more here:
Happy studying and enjoy your life!
2019 will be absolutely insane!
Multiple Security Average VolumeCame up with an idea to show an average volume of up to 6 securities together. Helps when looking at Bitcoin with its multiple exchanges.
Triple guppy w/ up/down colours - squattterThe trend is your friend.
Works well on 2hr TF which shows 30+60 ema from 8hr and Daily TFs.
Use a higher TF momentum indicator such as TRIX to confirm.
Auto-Line With DriftA variation on the Auto-Line indicator, we allow it to get closer to the price thanks to a drift , this also allow the line to be more directional .
This indicator can be used with moving averages using crosses as signals or as a band indicator by ploting a + dev as the upper band and a - dev as the lower one.
For any help or suggestions feel free to send a message :)
Multi Z Score [DW]This is an experimental study using z scores of multiple sampling periods to analyze price trends.
Z score measures the number of standard deviations price is from its mean.
In this study, z scores are calculated over a Fibonacci sequence of sampling periods from 3 to 4181.
The scores are then averaged with equal weighting, resulting in a display of long term trend with short term sensitivity.
Custom bar colors are included. The color scheme is based on the perceived trend from the average z score.
Earnings Support and Resistance Levels [NeoButane]Inspired by @LazyBear's/@timwest's script:
Usage: support and resistance levels based on averaging price around earnings and quarterly opens.
What it is plotting:
1. A horizontal level whenever earnings occur. If actual earnings is higher than estimated, the line turns green, else red.
2. A horizontal level every quarterly open, colored black.
3. An average between the two mentioned above, colored orange.
4. 5% moves away from 3M open and earnings
5. Misc: 5% move away from that 5% move away, then 10% move away from the 2nd 5% move away.
By default, 4 and 5 are off to reduce visual noise.
Idea: Traders panic around certain dates that always happen, and traders always panic in the wrong direction. The market is composed of traders trading in the wrong direction at the same time, all the time. That means price will bounce back and forth as the gambling dens colloquially known as 'forex brokerages' or 'stock exchanges' take your money in the form of fees, time, and liquidations. So I put two lines on the chart and put one right in between, because it always goes back. I hope you can find it useful!
Note: This was a part of the old fundamental data indicators and is not officially for use, so while it should work on most U.S. stocks and a couple of other exchanges, it is not perfect.
Ehlers Distance Coefficient FilterThis indicator was described by John F. Ehlers in his book "Rocket Science for Traders" (2001, Chapter 18: Ehlers Filters).
15minMAThis script lets you plot a simple or exponential moving average from a specific time frame that you can select. For example, if you always want the Daily 50MA on your chart, regardless of what resolution your chart is on, this will do it. It's also color coded to show if it's rising or falling.
Average Directional Index-BuschiA simple modification of the built-in "Average Directional Index":
To identify wether there is an uptrend or a downtrend, the function color is conditional:
no trend: black
small uptrend (weak threshold): light green
big uptrend (strong threshold): green
small downtrend (weak threshold): light red
big downtrend (strong threshold): red
Ehlers FilterThis is the Adaptive Ehlers Filter.
I had to unroll the for loops and array because TV is missing crucial data structures and data conversions (Arrays and series to integer conversion for values).
I'm in the process of releasing some scripts. This is a very old script I had. This contains volatility ranges and can be used as trading signals. You can also see how the EF moves up or down, the direction, when price is sideways, and use price breaks up and down as signals from the line.
Have fun, because I didn't making this script hahaha
NOTE : There is an issue with the script where at certain time frames it positions itself below or above. I think its due to calculations. If anyone knows the fix before I get the chance to take a look at it, please let me know.
books.google.com
5 Moving Average Exponential 7-15-30-50-2005 Moving Average Exponential. Crypto EMA. 7 is a fast support or resistance, 15 confirmation support or resistance. 30 Important support and resistance. 50 institutional support or resistance. 200 general trend, support and resistance.
Average DownThis strategy has been published for a Pyramiding tutorial on the Backtest Rookies website.
For a full overview of the code and an introduction to Pyramiding check out our site.
Summary
The code example will create a simple script that allows us to average down whenever our portfolio is down x%. The idea will be to bring our average cost down so that we can still exit with a profit when conditions improve. With this in mind, the strategy shall also have a simple take profit exit at x% above our average price.
Inputs
Target Loss to Average Down (%) : This is the target percentage level will trigger us to average down. In other words, if we have a close below this level from our average buying price, we will average down.
Target Take Profit : A standard take profit percentage level. Use this to set how much profit you will target.
% Of Current Holdings to Buy : Is the number of shares/contracts we will aim to buy when we average down. 50 will mean we buy 50% of our current holdings. So if we have 100 shares, then we buy 50 when we average down.
SMA Period : Defines our SMA lookback period. Our strategy will enter the first/initial position when we have a close above our SMA level.
Moving average cloud strategyHi folks!
Here a script uses the moving average cloud. A sma (50, aqua) and a sma (200, olive) are plotted on the cart. When both sma go up the cloud is green. When both sma go down the cloud is red. When sma (200, olive) goes down and sma (50, aqua) goes up the cloud is orange. When sma (200, olive) goes up and sma (50, aqua) goes down the cloud is lime.
There three entry points in this strategy.
Long
Aggressive: When the cloud turns orange and price closes above the sma (200).
Neutral: When the both sma make the golden cross.
Cautious: When the cloud is green and price closes sma (200) after searching for support. So not when there's a great distance between them.
In case you missed the entry point you can jump in when price CLOSES above sma (50). So after it searched for support on that line. The cloud has to be green at that moment.
Short
Aggressive: When the cloud turns lime and price CLOSES below the sma (200).
Neutral: When the both sma make the death cross.
Cautious: When the cloud is green and price is above the sma (200).
In case you missed the entry point you can jump in when price CLOSES above sma (50). So after it searched for support on that line.
There are also two exit points in this strategy.
Cautious: When price closes on the other side of the sma (50).
Neutral: When the cloud changes color.
Aggressive: When price closes on the other side of the sma (200). There's always the opportunity that the price searches for support at the sma (200) line and goes from that moment in the direction you want.
Don't wait for the cross of the both sma. Very usually you give a huge part of your profit away at that point.
Remember: Above the cloud is bullish area, never go short there. Below the cloud is bearish area, never go long there.
Remember 2: When the clouds changes rapidly from color we're not in a trend. The sma (200) will be almost flat at those situations. It's a sign not to go into a trade since the market doesn't know in which direction it will go.
Leeloo Triple Simple Moving AverageAllows you to have three simple moving averages in one indicator.
6 SMA's (fit to BTC) 9,20,30,50,128,200 (exponential optional)I've been using these for a while trading Bitcoin and I've found them to be the most useful to me. I replaced the 7 you may have seen in the first set with the 9 as I'm seeing it tested across many time frames quite frequently. The least used of the six is the 30 period, but it does have some influence I've found on the large time frames, mainly the weekly.
