[TTI] ATR channelsHISTORY AND CREDITS
Used by John Carter in his indicator’s toolbox. The ATR channels or the Keltner Channels represent the railroads or the natural movement of stocks.
WHAT IT DOES
Movements between the the The first multiplier lines (white) represent standard movement for the timeframe you are trading. Movements between the second multiplier (green/red lines) represent a 2stdv move of the stock in a single direction. Once a stock starts reaching the 3rd multiplier lines there’s an exponential chance that it will revert to the mean (cyan line)
Additionally, we have added the Institutional lines. These are thought in a Small Account Mastery class 2019 by John Carter, as the levels heavily watched by institutions. The default settings represent what John is teaching but they can be further customised.
HOW TO USE IT
ATRs channels or Keltner Channels can be great source for target or stop losses and can be used as a indicator for confluence with other technical tools like the Fibonacci lines.
Trading
Volatility ContractionVolatility Contraction is a strong trading setup for Positional Traders. It works on following time frame: Daily, Weekly and Monthly.
TradingGroundhog - Fundamental Analysis - Multiple RSI Ema(Script Available Version of my previous Fundamental Analysis - Multiple RSI Ema )
As the number of crypto currencies is expanding, we need to find the one which will boom in the next months, weeks or even days.
Therefore, I present to you a Fundamental Analysis tool based on RSI built in order to compare the RSI between the diverse cryptocurrencies.
When cryptocurrencies start to trend, become active, minable and especially "buyable", people are investing their money into them.
As a result,the Daily RSI rises and the price of the crypto in question increases steadily.
With "Fundamental Analysis - Multiple RSI EMA" you can :
Follow up to 20 RSI from different exchanges at the same time.
Find easily Increasing/Decreasing RSI as the lines get transparent if their RSI decrease.
You can also select market with high potential of booming as :
Booming Market : 60 < Daily RSI <= 100 (Strong green background)
Potent Market : 55 < Daily RSI <= 60 (Light green background)
Sleepy Market : 50 < Daily RSI <= 55 (Light red background)
Dying Market : 0 < Daily RSI <= 50 (Strong red background)
Futur booming crypto will go from the Potent Market to the Booming Market
Can be used with the following time frames depending on the necessity:
4H
Daily (Preferred)
Weekly
Monthly
Good trades !
Disclaimer (As it should always be one to any script)
***
This script is intended for and only to be used for personal purposes only. No such information provided by it constitutes advice or a recommendation for any investment or trading strategy for any specific person. There is no guarantee presented or implied as to the accuracy of specific forecasts, projections, or predictive statements offered by the script. Users of the script agree that its original developer does not take responsibility for any of your investment decisions. Please seek professional advice before trading.
***
Fibonacci Moving AverageThe Fibonacci Moving Average is a powerful indicator that takes into account many underlying moving averages to give out an approximate short-term/long-term view of the markets. Its strength lies with dynamic support and resistance levels. I have created this indicator in order to improve trend-following entry positions.
ATR-Adjusted RSIThis indicator adjusts the RSI values using the Average True Range. It is used the same way as a normal RSI.
Security. Scalp Adviser by Antony SavacheGreat script for quick deals. Buy and after 5 minutes sell with a target yield of 0.3%
Works on the principle of getting out of the pit. The pit is determined thanks to the rsi on the 15-minute time frame, the exit is determined by the rsi on the 1-minute timeframe. You can play with the rci values in the settings
Binary Option Strategy Tester with MartingaleIn Binary options, strategy testing is a bit different. The script is just a try to test Binary options strategies.
Assumption:
We are opening position at next candle after signal come
We are taking the position at opening price
Our call will be profitable if we get a green candle and put will be profitable if we get a red candle
We can open only one trade at a time. So if we are in trade, subsequent signals will be ignored.
The script is not counting your profit or loss, it just counting the winning and losing trades.
Input Options:
Choose long only or short only test. Default is both.
You can continue your trade with Martingale Level, up to 5. Default is 1 (no Martingale)
You can choose Martingale trade type
SAME: if call subsequent trade will be call only and vice versa
OPPOSITE: if call subsequent trade will be put
FOLLOW CANDLE COLOR: Subsequent trade will follow previous candle color
OPPOSITE CANDLE COLOR: Subsequent trade will opposite of previous candle color
You can choose trading session to test. Default is false.
The strategy is taken from Vdub Binary Options SniperVX v1 (by @vdubus) . I have deleted extra parts and kept only the necessary part.
Without Martingale
Result Table
With Martingale
I am very new to Pine script, so waiting for your comments and review.
QFL bull bypassThis bypass indicator triggers plots 1 when the price is above the QFL base.
This can be used as a "bypass" by a consumer indicator that can skip trades when the bypass is triggering.
You can use it for long and short strategies, to prevent using buy or sell signals in areas were the price is either overextended.
QFL works better in 1, 2 or 4 hours timeframes.
DAYOFWEEK performance1 -Objective
"What is the ''best'' day to trade .. Monday, Tuesday...."
This script aims to determine if there are different results depending on the day of the week.
The way it works is by dividing data by day of the week (Monday, Tuesday, Wednesday ... ) and perform calculations for each day of the week.
1 - Objective
2 - Features
3 - How to use (Examples)
4 - Inputs
5 - Limitations
6 - Notes
7 - Final Tooughs
2 - Features
AVG OPEN-CLOSE
Calculate de Percentage change from day open to close
Green % (O-C)
Percentage of days green (open to close)
Average Change
Absolute day change (O-C)
AVG PrevD. Close-Close
Percentage change from the previous day close to the day of the week close
(Example: Monday (C-C) = Friday Close to Monday close
Tuesday (C-C) = Monday C. to Tuesday C.
Green % (C1-C)
Percentage of days green (open to close)
AVG Volume
Day of the week Average Volume
Notes:
*Mon(Nº) - Nº = Number days is currently calculated
Example: Monday (12) calculation based on the last 12 Mondays. Note: Discrepancies in numbers example Monday (12) - Friday (11) depend on the initial/end date or the market was closed (Holidays).
3 - How to use (Examples)
For the following example, NASDAQ:AAPL from 1 Jan 21 to 1 Jul 21 the results are following.
The highest probability of a Close being higher than the Open is Monday with 52.17 % and the Lowest Tuesday with 38.46 %. Meaning that there's a higher chance (for NASDAQ:AAPL ) of closing at a higher value on Monday while the highest chance of closing is lower is Tuesday. With an average gain on Tuesday of 0.21%
Long - The best day to buy (long) at open (on average) is Monday with a 52.2% probability of closing higher
Short - The best day to sell (short) at open (on average) is Tuesday with a 38.5% probability of closing higher (better chance of closing lower)
Since the values change from ticker to ticker, there is a substantial change in the percentages and days of the week. For example let's compare the previous example ( NASDAQ:AAPL ) to NYSE:GM (same settings)
For the same period, there is a substantial difference where there is a 62.5% probability Friday to close higher than the open, while Tuesday there is only a 28% probability.
With an average gain of 0.59% on Friday and an average loss of -0.34%
Also, the size of the table (number of days ) depends if the ticker is traded or not on that day as an example COINBASE:BTCUSD
4 - Inputs
DATE RANGE
Initial Date - Date from which the script will start the calculation.
End Date - Date to which the script will calculate.
TABLE SETTINGS
Text Color - Color of the displayed text
Cell Color - Background color of table cells
Header Color - Color of the column and row names
Table Location - Change the position where the table is located.
Table Size - Changes text size and by consequence the size of the table
5 - LIMITATIONS
The code determines average values based on the stored data, therefore, the range (Initial data) is limited to the first bar time.
As a consequence the lower the timeframe the shorter the initial date can be and fewer weeks can be calculated. To warn about this limitation there's a warning text that appears in case the initial date exceeds the bar limit.
Example with initial date 1 Jan 2021 and end date 18 Jul 2021 in 5m and 10 m timeframe:
6 - Notes and Disclosers
The script can be moved around to a new pane if need. -> Object Tree > Right Click Script > Move To > New pane
The code has not been tested in higher subscriptions tiers that allow for more bars and as a consequence more data, but as far I can tell, it should work without problems and should be in fact better at lower timeframes since it allows more weeks.
The values displayed represent previous data and at no point is guaranteed future values
7 - Final Tooughs
This script was quite fun to work on since it analysis behavioral patterns (since from an abstract point a Tuesday is no different than a Thursday), but after analyzing multiple tickers there are some days that tend to close higher than the open.
PS: If you find any mistake ex: code/misspelling please comment.
Decision Points for TradingSimple script to highlight
Previous Day Low (PDL), Previous Day High(PDH), Previous Day Close(PDC)
Big round Numbers (BRN)
High Of the Day (HoD)
Low Of the Day (LOD)
-- Will add more DP's going fwd.
Usage : Especially useful to trade on NIFTY/Bank Nifty without any additional specific indicators.
Especially for daily analysis and intraday trading - Decision Points(DP's) are critical and will be using this simple script.
Ichimoku breakoutIf you use Ichimoku Cloud strategies, this indicator is very useful for you!
This code indicates the candles that break the ichimoku cloud in both directions!
conversion line, base line and lagging span are disable by default, you can enable it from settings window.
green triangles under the candles with green backgrounds show break out the red clouds.
red triangles at the top of the candles with red backgrounds show break out the red clouds.
you can set alerts to be notified when an Ichimoku Cloud is broken.
Financial Astrology Moon LongitudeMoon energy represent the masses, crowds, public places, children and emotions. The transit of the Moon through the zodiacal signs will color the crowd emotional responses that fluctuate based on the elemental qualities of the signs: fire (energetic and impulsive), earth (rigid, static, patient), water (assimilation, transformation, humor fluctuations), air (expansion, fervent, germination).
The daily average speed of the Moon is 13 degrees, for this reason the emotional elemental energy is transforming in average every 2 days and few hours, this mood fluctuations produces the short term instinctive and emotional actions performed by traders that forget the precise mathematical / statistical approach in favor of irrational and emotional impulses.
Based on statistical buy/sell frequency analysis we discovered that for BTC-USD, the Moon is usually bullish in zodiac signs: Aries, Libra, Scorpio, Aquarius and Pisces, the most relevant bullish sign is "Aquarius", from 206 observations in all the BTC-USD price history where Moon was in this sign the 60% of those days the price increased compared to the previous day. The bearish zodiac signs for BTC-USD are: Taurus, Cancer, Leo, Sagittarius and Capricorn, the most relevant bearish sign is "Capricorn".
Interestingly this zodiac sign locations tends to fluctuate during some periods of time and from the last 10 observations of the Moon transiting through Aries we noted that 7 of the 10 observations coincide with a dip, sometimes the Moon in Aries indicate the reversal of the short term trend, this is kind of expected considering that when Moon approaches Taurus the fall becomes more likely due to the fact that Moon in Taurus is a bearish signal.
With this indicator there is unlimited possibilities to explore across different markets and complementing with Moon phases this may be the perfect financial astrology indicator for those intraday traders that keep positions only for few hours.
We encourage you to analyze the Moon zodiac sign cycles in different markets and share with us your observations, leave us a comment with your research outcomes. Happy trading!
Note: The Moon longitude indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the longitude is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
Hull MA with BB (With Alerts)This is a combination of the standard Bollinger bands with a VWAP(Pink line), and the 'Hull Trend with Kahlman' script by user capissimo, and the NMA (Moving Average 3.0 (3rd Generation)) script by everget.
You can find the original scripts here:
This indicator gives you several confirmations of a good entry and exit positions for Crypto currency like bitcoin and most alt coins. I use this on a 15min, 30min, 1hour, and 4hour chart for best results.
How to use:
Entry Signals:
-A candle closes above the NMA (Yellow Step Line). AND
-You see a Long (text) flag. AND
-The candles are near the bottom of the Bollinger bands and heading upwards.
Exit Signals:
-Candles have passed below and closed below the NMA (Yellow Step Line). AND
-You see a Short (text) flag.
It's important to use these confirmations with other indicators so you have the best entry/exit positions, and make sure you are on normal candles and not HA or any other types.
There are alerts built in that you can setup for the Short and Long text flags that you see. These are generally good alerts to follow. I use the alerts as a reminder to check the charts and see if my other indicators line up for a good trade.
Penrose DiagramGreetings Traders! This is my measly 2 dimensional non-curved take on a Penrose Diagram .
What is a Penrose Diagram?
jila.colorado.edu
"A Penrose diagram is a kind of spacetime diagram arranged to make clear the complete causal structure of any given geometry. They are an indispensable map for navigating inside a black hole. Roger Penrose, who invented this kind of diagram in the early 1950s, himself calls them conformal diagrams." - Source: jila.colorado.edu
Penrose Diagrams allow an understanding of an infinite surface by projecting 4D Spheres on 2 Dimension Squares. The 4D shape within the 2D Square has the ability to reference a definable edge on an infinite boundary.
I thought this concept interesting, as I tend to hold a viewpoint of price being infinite in its own nature, and tried to combine the concepts as best I could.
In a true Penrose Diagram, you'd see curvature as you reached the edge of each Diagram Square to represent the curvature of space-time and the distorted boundary. However due to limitations of Pine and perhaps my own abilities, I decided to go the cheap route and opt for straight lines, as well as beginning each new Penrose Diagram on a new Session Start.
Also in this version, you will notice on some instruments that, as an example, two triangles overlap each other when you Extend the Penrose Diagram. The result of this is intentional and is due to the calculation of the first Triangle for the Penrose Diagram. The data points for each triangle are variable upon the average highest/lowest point from Open Price and the Max/Min highest/lowest point from Open Price over a variable amount of days. For typical instruments such as Futures products and Forex, it is common to see differences between the Highest High Breakout & Lowest Low Breakout, and therefore a difference between the true center of the Triangle and the corresponding angles. I prefer to use a 20-Day Average Period for Forex and Futures Products, for Crypto a 30 Day Average Period, all adjustable from the options menu.
Due to the differences between the data points(particularly the difference from the Session Open to the Highest High/ Lowest Low), the initial values for the extended Penrose Diagram will sometimes overlap with the initial triangle for Penrose Diagram creation. However keep in mind, all triangles are exactly the same, just rotated 180°and translated above and below the current Session Open Price. You can confirm this yourself using the handy Triangle Tool in your Drawing Tools directly from your TradingView Chart.
Haven't managed to play around on all instruments yet, so give it a whirl, and any feedback is greatly appreciated. Hope you enjoy!
-@DayTradingOil
Trading time by JZChanges the colors of candles within your selected trading zone -> good for reminding that you are out of trading window anymore. Can work as session indicator. This is the first version so be nice :)
Ichimoku BarsThis script follows off the principles of the Ichimoku Cloud indicator. The green zones display optimal time to buy according to the Ichimoku model. The red zones show optimal time to sell according to the Ichimoku model inverse. The yellow zones show where the conversion line meets the base line (potential up or down movement at this point). Feel free to contact me to fix any problems or add additional info.
NIMBLR F2F Momentum & Indecisive Candle FinderIndicator based on strategy shared by Nimblr in Elearnmarket Face to face interview
Red Circle means "Indecision" (I)
Green Plus means "Momentum" (M)
TST Signals & AlertsThis is an unofficial script for strategies tested on Trading Strategy Testing Youtube channel. Over time, most successful strategies will be added with an option to set strategy-specific alerts . TST Signals & Alerts will draw signals on the chart when the entry conditions are met. You can also opt for displaying indicators .
My script is meant for beginners but can be used by veterans too. Just pick one or two strategies, you don't want to flood your chart with conflicting signals. You may want to support your trades with a proper analysis. Is the market trending? Is there a fundament around the corner?
If a new signal occurs when there is still an open position, you are not supposed to take another.
The current version includes MACD and ADX + BB and BB strategies.
MACD strategy:
►Buy, when MACD crosses below the signal line when it is negative. The price must also be above 200 EMA.
►Sell, when MACD crosses above the signal line when it is positive. The price must also be below 200 EMA.
►This strategy was tested on 15-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 61% over 100 trades.
►►►MACD has to be added to your chart separately because it needs a new window. Ticking display indicators will not add MACD to your chart.
►►►MACD was also tested by a different channel I made a script for. You can view the results and the script here:
ADX + BB strategy:
►Buy, when the price is above 200 EMA and ADX becomes higher than 25.
►Sell, when the price is below 200 EMA and ADX becomes higher than 25.
►Stop-loss is either 200 EMA or Bollinger Bands level. Check the channel for more information.
►This strategy was tested on 5-minute charts of EURUSD, USDJPY, AUDUSD with reward-to-risk ratio 1,2 and win rate of 56% over 100 trades in total.
BB strategy:
►Buy, when the price is above 200 EMA and candle's low is below the lower Bollinger Band.
►Sell, when the price is below 200 EMA and candle's high is above the upper Bollinger Band.
►This strategy was tested on 15-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 52% over 100 trades in total.
►►►Due to the relatively low win rate of this strategy, you need to filter out potentially harmful signals with a proper analysis.
Bear in mind that backtesting performance doesn't guarantee future profitability. • Most systematic strategies are not suitable for each timeframe - if you use the different timeframe than the one it was tested on, the result can differ significantly. • You should perform your own backtest to base your trades on more data & to establish confidence in the selected strategy. • This script is not a replacement for proper analysis.
New strategies will be added when I have time. If I see multiple people asking for the same feature, I might agree to release it with a new version. I am not going to add input options in this script, it could come as a separate script though. I am in no way affiliated with the Youtube channel, so if you find the script helpful, shot me a message or send me some TradingView coins >)
If you encounter any bug, you can report it in a message or in comments. Support it with screenshot and relevant information such as a time when it occurred and what options were on etc.
Trading Rush Signals & AlertsThis is an unofficial script for strategies tested on TRADING RUSH Youtube channel. Over time, most successful strategies will be added with an option to set strategy-specific alerts . Trading Rush Signals & Alerts will draw signals on the chart when the entry conditions are met. You can also opt for displaying indicators .
My script is meant for beginners but can be used by veterans too. Just pick only one or two strategies, you don't want to flood your chart with conflicting signals. You may want to support your trades with a proper analysis. If a new signal occurs when there is still an open position, you are not supposed to take another.
The current version includes MACD and Donchian Channels.
MACD strategy:
►Buy, when MACD crosses below the signal line when it is negative. The price must also be above 200 EMA.
►Sell, when MACD crosses above the signal line when it is positive. The price must also be below 200 EMA.
►This strategy was tested on 30-minute charts of EURUSD and EURJPY with reward-to-risk ratio 1,5 and win rate of 62% over 100 trades .
►►►MACD has to be added to your chart separately because it needs a new window. Indicators displaying will not add this indicator to the chart.
Donchian Channels strategy:
►Buy, when the price breaches Donchian to the upside after making a new low. The price must also be above 200 EMA.
►Sell, when the price breaches Donchian to the downside after making a new high. The price must also be below 200 EMA.
►Stop-loss is Donchian bottom for long and Donchian top for shorts. Check the channel for more information.
►This strategy was tested on 30-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 58% over 100 trades .
►►►I programmed alerts for Donchians to come ahead of an actual breach. If you often leave the screen when trading, this will help you. The necessary downside for that is the alerts might come when the signal doesn't trigger in the end. You will see a mark on the chart if the conditions are truly met.
Bear in mind that backtesting performance doesn't guarantee future profitability. • Most systematic strategies are not suitable for any timeframe. • You should perform your own backtest to base your trades on more data & to establish confidence in the selected strategy.
New strategies will be added when I have time. If I see multiple people asking for the same new feature, I might agree to release it with a new version. I am not going to add input options in this script, it could come as a separate script though. I am in no way affiliated with the Youtubechannel , so if you find the script helpful, shot me a message or send me some TradingView coins >)
If you encounter any bug, you can report it in a message or in comments. Support it with screenshot and relevant information such as a time when it occurred and what options were on etc.
One-Stop Trading SetupOne-Stop Trading Setup:
This script designed to identify up, down, and sideways trends. 200 HMA, 9 EMA, PSAR, and ATR are used to identify the strength of any instrument.
Candle Colors - Simpler approach to follow:
Green color indicates for up side trade signals
Red color indicates for down side trade signals
Yellow color can be interpreted for stop, sideways, and counter trade trade signals
Multiple Trade Setups:
Green Zone - Trading green candles within green zone has better odds of long trades
Red Zone - Trading red candles within red zone has better odds of short trades
200 HMA - Candles above 200 HMA mostly for long trades. Candles below 200 HMA usually for short trades. But the zone also very important to consider
9 EMA - Cross over above 200 HMA in Green zone, look for long trades. Cross over below 200 HMA in red zone, look for short trades
PSAR - This can be used as potential initial warning sign. Also can be used to exit partial or wait for it goes to opposite side for taking trade decisions
Candle Above all - If Green candle and above all the indicators, then very good sign of long side. If red candle and below all indicators, then very good sign of short side.
Multiple Time Frame:
This works very well with any instrument and on any time frame. Always its better to do analysis on multi time frame before entry, exit, and trade execution. Back test it with this setup and also observe it on live market. That will give edge in taking trade decisions. All the best and happy trading.
Disclaimer:
This script and setup is written with the sole purpose of identifying the strength of any instrument. Interpretation, trade decisions, and changing inputs are up to each individual users/trades.
IntradaySignal #Trading #Candlestick #SignalThis is a simple version of taking bull and bear positions.
Time Frame: Although the time frame decided while making the script was for 1 minute chart, but after checking, even Daily charts work good.
Asset class: The underlying here, is XAUUSD (GOLD) but confirmatory strong positional trades on stocks for intraday purposes.
Condition: The signals are meaningful and are of significant importance when its in trending pattern and not in sideways pattern.
The signals are presented by the background color. when the color is red, start taking short positions, and when the signal is green, go with long position.
StopLoss: Complete reliance on the script might not be rewarding, Prepare your own stoploss and targets. I advise you to take profit and book losses as per "resistance & support" zones.
SupertrendIndicatorSupertrend (13,2.5) & Supertrend (18,3) are best for intraday.
Loving the signals.
