Relative Open Interest - TradingriotRelative Open Interest
This indicator presents a normalized visualization of Open Interest, employing methodology similar to oscillators like RSI.
It transforms raw Open Interest data into an intuitive format that helps identify significant shifts in market positioning within perpetual futures markets.
Overbought Territory (>70)
When the indicator enters overbought territory, it signals substantial new directional perpetuals futures increase in the market.
This surge in positioning can signal two potential scenarios:
Momentum Continuation: The influx of new participants reinforces the existing trend
Mean Reversion: The rapid accumulation of positions creates conditions for a potential reversal
Oversold Territory (<30)
Oversold readings indicate a significant reduction in open positions, typically through a combination of:
Voluntary position closures
Stop-loss triggers
Forced liquidations
These conditions often present compelling mean reversion opportunities as the market digests this rapid position reduction.
Implementation Framework
While this indicator provides valuable insights into market positioning dynamics, it should be integrated within a comprehensive analytical framework rather than used in isolation.
The signals it generates are most effective when confirmed by complementary technical and fundamental analysis tools.
The indicator's strength lies in its ability to quantify and visualize significant changes in market participation, offering traders a sophisticated metric for understanding potential market inflection points and positioning dynamics.
Can be used on any timeframe with any lookback, make sure to backtest the settings that work best for you.
Do not forget that indicator only works when used on Binance perpetual futures charts.
Трендовый анализ
SmartTrend MasterOverview:
"SmartTrend Master" indicator creates a comprehensive trend prediction model using multiple technical analysis indicators. The script includes features such as linear regression, moving averages ensemble predictions, buy/sell signals, and custom alerts. The goal is to provide visual cues and automated alerts to assist traders in making informed decisions.
________________________________________
1. Linear Regression Trendline
• Description: This section plots a linear regression line on the chart, helping to visualize
the overall price trend over a set period.
• Inputs:
o Linear Regression Length : Number of bars used for the regression calculation (default 50).
o Offset : Adjusts the regression line horizontally (default 0).
o Plot: A red line representing the linear regression trendline.
________________________________________
2. Simple Moving Averages (SMA)
• Description: Short-term and long-term moving averages are plotted to give a smoothed
view of the price movement.
• Inputs:
o Short-term SMA Length : Period for the short-term moving average (default 10).
o Long-term SMA Length : Period for the long-term moving average (default 50).
o Show Short-term SMA : Toggle to display the short-term SMA.
o Show Long-term SMA : Toggle to display the long-term SMA.
________________________________________
3. Exponential Moving Average (EMA)
• Description: The EMA reacts more quickly to recent price movements than a simple moving
average.
• Inputs:
o EMA Length : Period for the exponential moving average (default 20).
o Show EMA : Toggle to display the EMA.
o Plot: Orange line representing the EMA.
________________________________________
4. Ensemble Approach (Weighted Average of Indicators)
• Description: The ensemble prediction combines multiple indicators using a weighted
average approach. This method can offer a more robust prediction of the price trend.
• Inputs:
o Weights for Indicators: Adjust the weights for each indicator (Linear Regression, Short
SMA, Long SMA, and EMA) to prioritize certain trends.
o Plot: Purple line representing the ensemble prediction.
________________________________________
5. Signals Based on Ensemble Prediction
• Description: Buy and sell signals are generated based on the ensemble prediction, with
additional filters to improve signal reliability.
• Inputs:
o Signal Threshold : Minimum price difference from ensemble prediction to trigger signals
(default 0.5).
o Minimum Bars Between Signals : Minimum number of bars between signals to avoid
excessive alerts (default 5).
o Volume Threshold : Minimum volume for signals (default 20,000).
o Smooth Ensemble Prediction : Period to smooth the ensemble prediction for signal
confirmation.
________________________________________
6. Shading with Color Gradient
• Description: Color fills between the regression line and ensemble prediction are shaded to
visually indicate trend direction.
________________________________________
7. Alerts
• Description: Alerts are triggered for buy and sell signals based on the conditions defined in
the script.
________________________________________
8. Validation Alert
• Description: If the total weights do not sum to 1, a warning label is displayed on the
chart.
________________________________________
9. New Cross Conditions
• Description: Additional signals are generated when the price crosses both the linear
regression line and the ensemble prediction simultaneously.
__________________________________________
Conclusion:
This Pine Script offers an integrated approach for trend analysis and signal generation using a combination of technical indicators. Traders can customize it to suit their needs and gain insights for making informed trading decisions.
__________________________________________________________________________________
Disclaimer:
__________________________________________________________________________________
The information contained in my Scripts/Indicators/Ideas/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, back test, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Systems are only for educational purposes!
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from author. E-mail:ask2maniish@gmal.com
SmartTrend MasterOverview:
"SmartTrend Master" indicator creates a comprehensive trend prediction model using multiple technical analysis indicators. The script includes features such as linear regression, moving averages ensemble predictions, buy/sell signals, and custom alerts. The goal is to provide visual cues and automated alerts to assist traders in making informed decisions.
________________________________________
1. Linear Regression Trendline
• Description: This section plots a linear regression line on the chart, helping to visualize
the overall price trend over a set period.
• Inputs:
o Linear Regression Length : Number of bars used for the regression calculation (default 50).
o Offset : Adjusts the regression line horizontally (default 0).
o Plot: A red line representing the linear regression trendline.
________________________________________
2. Simple Moving Averages (SMA)
• Description: Short-term and long-term moving averages are plotted to give a smoothed
view of the price movement.
• Inputs:
o Short-term SMA Length : Period for the short-term moving average (default 10).
o Long-term SMA Length : Period for the long-term moving average (default 50).
o Show Short-term SMA : Toggle to display the short-term SMA.
o Show Long-term SMA : Toggle to display the long-term SMA.
________________________________________
3. Exponential Moving Average (EMA)
• Description: The EMA reacts more quickly to recent price movements than a simple moving
average.
• Inputs:
o EMA Length : Period for the exponential moving average (default 20).
o Show EMA : Toggle to display the EMA.
o Plot: Orange line representing the EMA.
________________________________________
4. Ensemble Approach (Weighted Average of Indicators)
• Description: The ensemble prediction combines multiple indicators using a weighted
average approach. This method can offer a more robust prediction of the price trend.
• Inputs:
o Weights for Indicators: Adjust the weights for each indicator (Linear Regression, Short
SMA, Long SMA, and EMA) to prioritize certain trends.
o Plot: Purple line representing the ensemble prediction.
________________________________________
5. Signals Based on Ensemble Prediction
• Description: Buy and sell signals are generated based on the ensemble prediction, with
additional filters to improve signal reliability.
• Inputs:
o Signal Threshold : Minimum price difference from ensemble prediction to trigger signals
(default 0.5).
o Minimum Bars Between Signals : Minimum number of bars between signals to avoid
excessive alerts (default 5).
o Volume Threshold : Minimum volume for signals (default 20,000).
o Smooth Ensemble Prediction : Period to smooth the ensemble prediction for signal
confirmation.
________________________________________
6. Shading with Color Gradient
• Description: Color fills between the regression line and ensemble prediction are shaded to
visually indicate trend direction.
________________________________________
7. Alerts
• Description: Alerts are triggered for buy and sell signals based on the conditions defined in
the script.
________________________________________
8. Validation Alert
• Description: If the total weights do not sum to 1, a warning label is displayed on the
chart.
________________________________________
9. New Cross Conditions
• Description: Additional signals are generated when the price crosses both the linear
regression line and the ensemble prediction simultaneously.
__________________________________________
Conclusion:
This Pine Script offers an integrated approach for trend analysis and signal generation using a combination of technical indicators. Traders can customize it to suit their needs and gain insights for making informed trading decisions.
__________________________________________________________________________________
Disclaimer:
__________________________________________________________________________________
The information contained in my Scripts/Indicators/Ideas/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, back test, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Systems are only for educational purposes!
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from author. E-mail:ask2maniish@gmal.com
Pump & Dump - Matryx Ai📊 Pump & Dump - Matryx Ai Strategy 📊
The Pump & Dump - Matryx Ai strategy is a robust trading tool designed to capitalize on market momentum, detecting buy and sell opportunities with precision. It integrates Supertrend, VWMA smoothing, and ATR thresholds to provide actionable signals while offering visual clarity for efficient decision-making.
🎯 Purpose of the Strategy
This strategy is tailored to:
Identify buy and sell opportunities based on volatility and volume-weighted trends.
Highlight strong buy ("🚀") and strong sell ("☄️") signals for trend reversals.
Adapt to user-defined date ranges for focused backtesting and live trading.
🛠 Key Components
1️⃣ Supertrend Indicator
ATR-Based Support/Resistance: Calculates dynamic price levels using the ATR (Average True Range) and a Supertrend factor.
Helps identify trend direction.
2️⃣ VWMA Smoothing
VWMA (Volume-Weighted Moving Average): Smoothens price trends by incorporating trading volume.
Advanced calculations (a1, a2, a3, and a4) are used to confirm price momentum.
3️⃣ ATR Thresholds
Dynamic Bands (xh and xl): Define upper and lower thresholds for price movement, providing clear entry and exit points.
4️⃣ Buy and Sell Logic
Buy Signal:
Triggered when a4 is below the lower ATR threshold (xl) and the price crosses above the smoothed trend line (b1).
Sell Signal:
Triggered when a4 exceeds the upper ATR threshold (xh) and the price crosses below the smoothed trend line (b1).
5️⃣ EMA Overlays (Optional)
User-selectable EMAs (200, 50, 20) provide additional trend analysis.
📈 Visual Features
Bar Colors:
Green: Indicates a buy signal (bullish trend).
Red: Indicates a sell signal (bearish trend).
Icons for Strong Signals:
🚀 Strong Buy: Indicates a powerful bullish signal during a confirmed uptrend.
☄️ Strong Sell: Indicates a strong bearish signal during a confirmed downtrend.
EMA Lines: Optional overlays for longer-term trend analysis.
🚀 Trading Logic
Buy Condition
Price (a4) crosses below the lower ATR threshold (xl) and exceeds the smoothed trend line (b1).
Occurs within the specified date range.
Sell Condition
Price (a4) crosses above the upper ATR threshold (xh) and falls below the smoothed trend line (b1).
Occurs within the specified date range.
Date Range
The strategy only operates within the user-defined start and end dates, ensuring precise testing and trading control.
🔔 Alerts
R&M Long Alert: Notifies the user of a buy signal.
R&M Short Alert: Notifies the user of a sell signal.
🌟 How to Use
1️⃣ Load the Script: Copy and paste the code into the Pine Editor on TradingView, then apply it to your chart.
2️⃣ Customize Inputs:
Adjust the ATR period, Supertrend factor, and VWMA parameters to suit your trading style.
Define the date range for targeted backtesting or live trading.
3️⃣ Enable EMA Overlays: Toggle optional EMAs (200, 50, 20) for additional trend-following support.
4️⃣ Monitor Signals: Use the bar colors, buy/sell labels, and strong signal icons to guide your trades.
5️⃣ Backtest and Optimize: Analyze performance over historical data to refine settings.
6️⃣ Trade Live: Activate alerts to receive real-time buy/sell notifications.
🏆 Why Use This Strategy
Dynamic Adaptation: Integrates ATR and VWMA to adapt to market volatility.
Precision Signals: Combines Supertrend and volume-weighted averages for high-accuracy signals.
Visual Clarity: Iconic markers, bar colors, and EMAs simplify decision-making.
Customizable Framework: Tailored for various trading styles and conditions.
The Pump & Dump - Matryx Ai strategy empowers traders with the tools needed to confidently navigate market trends, detect breakouts, and capitalize on reversals. 📊✨
Buy Sell Scalper - Matryx Ai📊 Buy Sell Scalper - Matryx Ai Strategy 📊
The Buy Sell Scalper - Matryx Ai strategy is a precision tool designed for short-term traders focused on quick market entries and exits. It combines ATR trailing stops and Heikin Ashi candles (optional) to deliver dynamic buy and sell signals with clear visual cues. Here’s a breakdown of the strategy’s components:
🎯 Purpose of the Strategy
This strategy is tailored for:
Scalpers looking to capitalize on small, quick market movements.
Providing real-time buy and sell signals based on market volatility.
Visual clarity and ease of use, making it accessible for traders of all levels.
🛠 Key Components
1️⃣ ATR Trailing Stop
ATR (Average True Range): Measures market volatility over a specified period.
The ATR Trailing Stop dynamically adjusts to price movements, acting as a guide for trend direction and trade signals.
2️⃣ Heikin Ashi Integration (Optional)
Smooths out market noise for clearer trend analysis.
If enabled, the strategy uses Heikin Ashi close prices for calculations.
3️⃣ Buy and Sell Logic
Buy Signal: Generated when the price crosses above the ATR trailing stop.
Sell Signal: Triggered when the price crosses below the ATR trailing stop.
Only long trades are executed, with positions closed on sell signals.
📈 Visual Features
Buy Signal (Green Label): Marks optimal entry points on the chart.
Sell Signal (Red Label): Highlights points where positions should be closed.
Bar Colors: Green for bullish trends and red for bearish trends, making it easy to track market direction visually.
🚀 Trading Logic
Buy Condition
Price crosses above the ATR trailing stop.
A crossover occurs between the EMA (price average) and the ATR trailing stop.
Must fall within the specified date range.
Sell Condition
Price crosses below the ATR trailing stop.
A crossover occurs between the ATR trailing stop and the EMA.
Positions are closed on sell signals to secure profits or minimize losses.
Date Range
The strategy only operates within a user-defined date range, providing flexibility to target specific trading periods.
🔔 Alerts
Configured for real-time notifications:
"UT Long" for buy signals.
"UT Short" for sell signals.
Alerts can be delivered to your device or desktop, ensuring you never miss a trading opportunity.
🌟 How to Use
1️⃣ Load the Script: Paste the code into the Pine Editor on TradingView and apply it to your chart.
2️⃣ Customize Inputs:
Adjust the ATR period and sensitivity (Key Value) for your preferred trading style.
Enable or disable Heikin Ashi signals for smoother trends.
Define the date range to focus on specific trading periods.
3️⃣ Monitor Signals: Use the visual buy/sell markers and bar colors to guide your trades.
4️⃣ Backtest: Evaluate the strategy's performance on historical data to optimize settings.
5️⃣ Trade Live: Activate real-time alerts to stay informed of trading opportunities.
🏆 Why Use This Strategy
Scalping Precision: Ideal for short-term trades with rapid entry/exit signals.
Dynamic Market Adaptation: Adjusts to volatility using ATR trailing stops.
Visual Simplicity: Clear buy/sell markers and color-coded bars for easy interpretation.
Heikin Ashi Option: Reduces noise for smoother signal detection.
Customizable Framework: Fits different trading styles and timeframes.
The Buy Sell Scalper - Matryx Ai strategy empowers traders with a robust, user-friendly tool for identifying profitable opportunities in fast-moving markets. 📊✨
rjOptions - ProOption indicator for check trend
use cash scrip (not future)
select strike price near current price
it will show trend of scrip
use 5 min timeframe for intraday trend
use 15 to 30 min time frame for weekly trend
Dual EMA Volatility Barrier | JeffreyTimmermansDual EMA Volatility Barrier
The "Dual EMA Volatility Barrier" indicator combines the power of the Double Exponential Moving Average (DEMA) with volatility-based stops to provide a robust trend-following system. This indicator helps traders identify and confirm trends, offering a way to filter out noise using volatility measures like the Average True Range (ATR) and a higher timeframe filter for additional trend validation.
Key Features
Dual Exponential Moving Average (DEMA):
DEMA Calculation: A more responsive moving average that reduces lag compared to standard EMAs. This helps detect trend changes faster.
Source Customization: Allows traders to choose the source (default is close), which can help adapt the strategy for different market conditions.
Volatility Barrier (Vstop):
Volatility-Based Stops: The Vstop is calculated using the Average True Range (ATR) multiplied by a user-defined factor. This forms a dynamic stop level that adjusts based on market volatility.
Trend Direction: The Vstop adapts to whether the market is in an uptrend or downtrend, providing a stop-loss level that moves accordingly.
Higher Timeframe Trend Filter:
Higher Timeframe DEMA: The higher timeframe filter uses a DEMA from a larger timeframe to confirm the trend direction. Only consider bullish signals if the price is above the higher timeframe DEMA.
Customizable Higher Timeframe: Traders can select any timeframe (e.g., D for daily) to check the trend from a higher perspective.
Signal Generation:
Bullish Signal: Triggered when the trend is up, and the price is above the higher timeframe DEMA, with a corresponding Vstop change indicating an upward trend.
Bearish Signal: Triggered when the trend is down and the price is below the higher timeframe DEMA, with a corresponding Vstop change indicating a downward trend.
Trend Reversals: Identifies key trend reversals by showing the transition between uptrend and downtrend states.
Plotting and Visuals:
DEMA and Vstop Plot: The indicator plots both the DEMA and the Vstop on the chart, providing a visual guide for trend and volatility.
Background Color Fill: The area between the DEMA and Vstop is filled with a color (green for bullish, red for bearish) to provide a clear visual representation of the trend.
Signal Labels: Plot arrows and labels ("Bullish" and "Bearish") directly on the chart to highlight trend changes.
Dashboard:
Ticker & Timeframe Display: The dashboard in the bottom-right corner shows the current symbol (ticker) and timeframe, along with the current trend (Bullish or Bearish).
Real-Time Updates: The dashboard updates in real time, providing traders with quick insights into the current market conditions.
Alerts:
Bullish Alert: Activated when the trend is bullish and confirmed by the higher timeframe DEMA.
Bearish Alert: Activated when the trend is bearish and confirmed by the higher timeframe DEMA.
Customizable Messages: Alerts provide details about the ticker and trend conditions for easy action.
Improvements:
Higher Timeframe Filtering: The higher timeframe DEMA filter ensures that traders align their trades with the broader market trend, improving the overall accuracy of signals.
Volatility-Based Stops: The ATR-based volatility stops allow for adaptive risk management that responds to changing market conditions.
Dynamic Signal Detection: The bullish and bearish signals change in real time, providing actionable insights for traders.
Visual and Dashboard Updates: The chart visually reflects the trend and volatility dynamics, while the dashboard provides summary information at a glance.
Customizable Alerts: Alerts based on trend changes make it easy to stay informed without constantly monitoring the chart.
Use Cases:
Trend Following: Ideal for identifying and following strong trends by combining short-term and long-term trend indicators.
Volatility-Based Risk Management: Use the Vstop to manage trade exits, as it adjusts to market volatility.
Higher Timeframe Confirmation: Use the higher timeframe DEMA to ensure that the trade aligns with the overall market trend.
Alerts for Real-Time Action: Set alerts to notify when the market signals a shift, whether bullish or bearish.
The Dual EMA Volatility Barrier is a powerful tool for traders seeking to combine trend-following with volatility management. The integration of DEMA, ATR, and a higher timeframe filter allows for a more nuanced understanding of market conditions, ensuring traders can make informed decisions with minimal lag.
This script is inspired by "viResearch" . However, it is more advanced and includes additional features and options.
-Jeffrey
Indicador de Agressão com Confluências BY LUAN BRENO O indicador "Indicador de Agressão com Confluências" foi projetado para identificar sinais de compra e venda em cenários onde há "agressão" nos movimentos de preço, ou seja, grandes movimentos de preço em relação à média recente, com validação de vários critérios técnicos para melhorar a confiabilidade dos sinais. Abaixo está uma explicação detalhada sobre o funcionamento e a lógica do indicador. INSTAGRAN:@Luanbreno_
Advanced Trend Strategy [BITsPIP] V2.0.0The BITsPIP team is super excited to share our latest trading gem with you all. We're all about diving deep and ensuring our strategies can stand the test of time. So, we invite you to join us in exploring the awesome potential of this new strategy and really put it through its pace with some deep backtesting. This isn't just another strategy; it boasts a profit factor hovering around 1.5 across over 1000 trades, which is quite an achievement. Consider integrating it with your trading bots to further enhance your trading efficiency and profit generation. Curious? Ask for trial access or drop by our website for more details.
I. Deep Backtesting
We're all in on transparency and solid results, which is why we didn't stop at 100... or even 500 trades. We went over 1000, making sure this strategy is as robust as they come. No flimsy forecasts or sneaky repainting here. Just good, solid strategy that's ready for the real deal. Curious about the details? Check out our detailed backtesting screenshot for the BINANCE:BTCUSDT in a 5-minute timeframe. It's all about giving you the clear picture.
#No Overfitting
#No Repainting
Backtesting Screenshot
II. Algorithmic Trading
Thinking of trading as a manual game? Think again! Manual trading is a bit like rolling the dice - fun, but kind of risky if you're aiming for consistent wins. Instead, why not lean into the future with algorithmic trading? It's all about trusting the market's rhythm over the long term. By integrating your strategy with a trading bot, you can enjoy peace of mind, rest easy, and keep those emotional trades at bay.
III) Applications
Dive into the Advanced Trend Strategy, your versatile tool for navigating the market's waters. This strategy shines in under an hour timeframes, offering adaptability across stocks, commodities, forex, and cryptocurrencies. Initially fine-tuned for low-volatility cryptos like BINANCE:BTCUSDT , its default settings are a solid starting point.
But here's where your expertise comes into play. Each market beats to its own drum, necessitating nuanced adjustments to stop loss and take profit settings. This customization is key to maximizing the strategy's effectiveness in your chosen arena.
IV) Strategy's Logic
The Advanced Trend Strategy is a powerhouse, blending the precision of Hull Suite, RSI, and our unique trend detector technique. At its core, it’s designed for savvy risk management, aiming to lock in substantial profits while steering clear of minor market ripples. It utilizes stop-loss and take-profit thresholds to form a profit channel, providing a safety net for each trade. This is a trend-following strategy at heart, where these profit channels play a critical role in maximizing returns by securing positions within these "warranty channels."
1. Trend-Following
The market's complexity, influenced by countless factors, makes small movements seem almost chaotic. Yet, the principle of #Trend-Following shines in less volatile markets in long term. The strategy excels by pinpointing the ideal moments to enter the market, coupled with refined risk management to secure profits. It’s tailored for you, the individual trader, enabling you to ride the waves of market trends upwards or downwards.
2. Risk Management
A key facet of the strategy is its emphasis on pragmatic risk management. Traders are empowered to establish practical stop-loss and take-profit levels, tailoring these crucial parameters to the specific market they are engaging in. This customization is instrumental in optimizing long-term profitability, ensuring that the strategy adapts fluidly to the unique characteristics and volatility patterns of different trading environments.
V) Strategy's Input Settings and Default Values
1. Alerts
The strategy comes equipped with a flexible alert system designed to keep you informed and ready to act. Within the settings, you’ll find options to configure order/exit and comment/alert messages to your preference. This feature is particularly useful for staying on top of the strategy’s activities without constant manual oversight.
2. Hull Suite
i. Hull Suite Length: Designed for capturing long-term trends, the Hull Suite Length is configured at 1000. Functioning comparably to moving averages, the Hull Suite features upper and lower bands. Currently, it is set to 1000.
ii. Length Multiplier: It's advisable to maintain a minimal value for the Length Multiplier, prioritizing the optimization of the Hull Suite Length. Presently, it is set to 1.
3. RSI Indicator
i. The RSI is a widely recognized tool in trading. Adapt the oversold and overbought thresholds to better match the specifics of your market for optimal results.
4. StopLoss and TakeProfit
i. StopLoss and TakeProfit Settings: Two distinct approaches are available. Semi-Automatic StopLoss/TakeProfit Setting and Manual StopLoss/TakeProfit Setting. The Semi-Automatic mode streamlines the process by allowing you to input values for a 5-minute timeframe, subsequently auto-adjusting these values across various timeframes, both lower and higher. Conversely, the Manual mode offers full control, enabling you to meticulously define TakeProfit values for each individual timeframe.
ii. TakeProfit Threshold # and TakeProfit Value #: Imagine this mechanism as an ascending staircase. Each step represents a range, with the lower boundary (TakeProfit Value) designed to close the trade upon being reached, and the upper boundary (TakeProfit Threshold) upon being hit, propelling the trade to the next level, and forming a new range. This stair-stepping approach enhances risk management and increases profitability. The pre-set configurations are tailored for BINANCE:BTCUSDT. It's advisable to devote time to tailoring these settings to your specific market, aiming to achieve optimal results based on backtesting.
iii. StopLoss Value: In line with its name, this value marks the limit of loss you're prepared to accept should the market trend go against your expectations. It's crucial to note that once your asset reaches the first TakeProfit range, the initial StopLoss value becomes obsolete, supplanted by the first TakeProfit Value. The default StopLoss value is pegged at 1.6(%), a figure worth considering in your trading strategy.
VI) Entry Conditions
The primary signal for entry is generated by our custom trend detection mechanism and hull suite values (ascending/descending). This is supported by additional indicators acting as confirmation.
VII) Exit Conditions
The strategy stipulates exit conditions primarily governed by stop loss and take profit parameters. On infrequent occasions, if the trend lacks confirmation post-entry, the strategy mandates an exit upon the issuance of a reverse signal (whether confirmed or unconfirmed) by the strategy itself.
Jan 18, 2025
Release Notes
We've made the script public. Also, We've updated the basic properties of our strategy to enhance risk management capabilities. The "Commission" has been adjusted to 0.05%. Take a look at our latest backtesting outcomes on BINANCE:BTCUSDT , showcasing the performance across more than 1000 closed trades.
BITsPIP
[GrandAlgo] Candle Trap ZonesThe Candle Trap Zones indicator identifies areas where price becomes "trapped" within a defined range and refines these zones using a proprietary algorithm. This unique approach ensures that only the most relevant zones, based on both proximity and price behavior, are highlighted for traders. By integrating advanced features like Fibonacci Cloud visualization and customizable detection parameters, the indicator offers tools to support detailed and adaptable price action analysis.
How It Works:
The Candle Trap Zones indicator evaluates historical price data to identify ranges where price has been trapped. Zones are filtered using proximity detection to prevent overlaps and maintain clarity. Additionally:
The strength parameter adjusts the sensitivity of zone identification, while the trap detection range determines how far back the algorithm evaluates price data.
The Fibonacci Cloud acts as an extension of the identified zones, providing additional precision by highlighting key levels just outside the zones
The auto-adjustment feature dynamically modifies zones if new zones are formed in close proximity, ensuring the chart reflects the most relevant areas.
The zone extension feature expands zones when price re-enters, allowing traders to track extended interactions with critical levels.
Key Features:
Proximity-Based Trap Zone Detection
Dynamically identifies and refines trap zones while avoiding overlaps to keep charts clean.
Fibonacci Cloud Integration:
Extends trap zones with Fibonacci-based levels, providing actionable reference points for potential reactions.
Customizable Detection Parameters:
Fine-tune zone detection with adjustable strength and range settings to suit various trading styles.
Real-Time Alerts:
Sends notifications when price enters, exits, or re-tests a trap zone, enabling timely trading decisions.
Dynamic Zone Updates:
Continuously recalculates zones as new data becomes available, reflecting current market conditions.
Clear and Intuitive Visuals:
Trap zones and Fibonacci clouds are highlighted in distinct colors for seamless chart analysis.
Use Cases:
Identify areas where price consolidates or liquidity builds up.
Monitor zones for potential breakouts or reversals.
Fibonacci Clouds serve as additional reference points for anticipating market reactions and refining trade setups
Trap zones may highlight areas of accumulation or distribution where traders can anticipate price reversals or breakouts.
Useful for identifying liquidity zones in range-bound markets or pinpointing key levels for breakout trades in trending markets.
Adaptable for use in Forex, crypto, stocks, and other trading markets.
Disclaimer:
This indicator is a technical analysis tool designed to assist traders by providing insights into market conditions. It does not guarantee future price movements or trading outcomes and should not be relied upon as a sole decision-making tool. The effectiveness of this indicator depends on its application, which requires your trading knowledge, experience, and judgment.
Trading involves significant financial risk, including the potential loss of capital. Past performance of any tool or indicator does not guarantee future results. This script is intended for educational and informational purposes only and does not constitute financial or investment advice. Users are strongly encouraged to perform their own analysis and consult with a qualified financial professional before making trading decisions.
HA-Based Trend IndicatorHA-Based Trend Indicator
Description:
This indicator combines the power of Heikin Ashi (HA) candles with the precision of OHLC data to provide an intuitive visual representation of trends. It identifies when a trend is confirmed by wickless HA candles while displaying results on traditional OHLC charts for better clarity and real-time trading compatibility.
Objective:
The HA-Based Trend Indicator is designed to:
Visualize bullish and bearish trends based on Heikin Ashi candles.
Identify potential entry and exit points using reliable, non-repainting signals.
Simplify analysis with color-coded trendlines and automated alerts.
Key Features:
Heikin Ashi Conversion: HA candles are calculated directly from OHLC data.
Wickless Candle Detection: Bullish or bearish signals are generated when an HA candle aligns perfectly with the trend.
Trend Visualization: A green line (bullish trend) or red line (bearish trend) is displayed directly on the chart.
Entry/Exit Signals: Icons precisely mark bullish or bearish entry points after confirmation.
Automated Alerts: Real-time notifications ensure you never miss a critical signal.
How to Use the Indicator:
Add the indicator to your TradingView chart.
Set up alerts to receive notifications whenever a bullish or bearish signal is detected.
Monitor the trendlines (green for bullish, red for bearish) to track overall market direction.
Use the entry signals displayed as icons to take positions based on HA candle confirmations.
Customize colors and styles as needed for better readability.
Note:
This indicator is designed to work without a premium subscription and ensures reliability in real-time and backtesting scenarios. It is ideal for intraday and swing traders seeking to optimize their decisions using visual trends and confirmed signals. CME_MINI:MNQH2025
ZenAlgo - Haze 1.0ZenAlgo - Haze 2.0
Elevate Your Trading with Advanced Market Insights
The ZenAlgo - Haze 2.0 indicator revolutionizes technical analysis with its intelligent and adaptable design, optimized for both Crypto and Forex markets. By integrating advanced Ichimoku-inspired logic and real-time signal detection, it empowers traders to make informed decisions with confidence and precision.
Key Features and Benefits
Market Adaptability : Effortlessly switch between Crypto and Forex settings with tailored parameters to match the volatility and behavior of each market type. Preconfigured options ensure seamless integration into your workflow.
Advanced Ichimoku-Inspired Logic : Provides comprehensive insights with components such as the Conversion Line (short-term trend indicator), Baseline (mid-term price action reference), Lead Lines (Kumo Cloud for projecting support and resistance), and Lagging Span (historical price movement tracker).
Intelligent Signal Detection : Identifies bullish and bearish signals with clear labels (Bull, Super Bull, Bear, Super Bear) and detects Kumo Cloud crossovers for enhanced trend confirmation.
Visual Enhancements : Includes dynamic labels for price levels, percentage distances, and signal strength, customizable Kumo Cloud shading for support and resistance, and annotated Lagging Span for trend clarity.
Alerts : Stay informed with configurable alert conditions for Bull, Super Bull, Bear, and Super Bear signals. Alerts are delivered via push notifications or email, ensuring you never miss critical market movements.
Customization Options : Offers market-specific settings optimized for Crypto (high volatility) and Forex (moderate volatility). Visual customization includes gradient color schemes and adjustable transparency for the Kumo Cloud.
Practical Applications
Trend Analysis : Use the Conversion Line, Baseline, and Kumo Cloud to identify emerging trends and reversals.
Signal Validation : Confirm bullish or bearish signals with the position of price relative to the Kumo Cloud.
Real-Time Decision-Making : Dynamic labels and alerts provide actionable insights for day trading, swing trading, or long-term strategies.
Example Scenarios
Bullish Market : A Bull label appears when the Conversion Line crosses above the Baseline within the Kumo Cloud. A Super Bull label signals a breakout above the Kumo Cloud, indicating strong upward momentum.
Bearish Market : A Bear label appears when the Conversion Line crosses below the Baseline inside the Kumo Cloud. A Super Bear label highlights a strong downward trend when the price exits below the Kumo Cloud.
Why Choose ZenAlgo - Haze 2.0?
The ZenAlgo - Haze 2.0 indicator provides unmatched adaptability and precision for traders navigating Crypto and Forex markets. With its advanced signal detection, customizable settings, and intuitive design, it’s an indispensable tool for traders looking to enhance their market analysis and trading decisions.
Experience the power of ZenAlgo - Haze 2.0 and take your trading to the next level. Add it to your TradingView chart today and unlock a world of advanced technical analysis.
Learn More About ZenAlgo
Advanced Swing High/Low Trend Lines# Advanced Swing High/Low Trend Lines Indicator
## Features:
### Dynamic Trend Lines
This indicator dynamically identifies swing highs and swing lows based on the user-defined `Swing Length`. It then connects these points to create trend lines that visualize the market's direction and key support/resistance levels.
### Customizable Settings
- **Swing Length**: Define the sensitivity for detecting swing highs and lows.
- **Points Required to Draw Trend**: Specify the minimum number of swing highs or lows required to establish a valid trend line.
- **Show Old Trends**: Toggle the visibility of previous trend lines to focus on the current market structure.
- **Line Appearance**: Customize the color, style (`solid`, `dotted`, `dashed`), and width of both trend and support lines.
### Trend Break Detection
- Automatically detects and highlights when the price breaks above a high trend line or below a low trend line.
- The broken trend line changes its color to indicate a trend break, helping traders quickly identify significant market shifts.
### Continuous Updates
- As new swing highs or lows are detected, the indicator updates existing trend lines or creates new ones, ensuring relevance in dynamic market conditions.
- Trend lines extend into the future, projecting potential areas of interest for traders.
## Benefits:
1. **Enhanced Market Visualization**:
- Provides a clear view of market trends, swing points, and potential reversal zones.
2. **Trend Reversal Alerts**:
- Identifies and visually emphasizes trend breaks, enabling proactive trading decisions.
3. **Fully Customizable**:
- Adjust settings to suit your trading style and strategy, ensuring compatibility with various markets and timeframes.
4. **Real-Time Adaptation**:
- Automatically adapts to changing market conditions, maintaining accuracy and relevance.
## Use Cases:
- **Trend Following**: Identify and trade in the direction of established trends.
- **Breakout Trading**: Spot trend breaks and capitalize on momentum shifts.
- **Support and Resistance Analysis**: Use trend lines to identify key levels where price may react.
This indicator is an essential tool for traders seeking to combine technical precision with visual clarity in their analysis.
Shooting Range by tradingcoach.dkExplanation of the Script
This script is a tool designed to identify bullish trading opportunities by analyzing the Relative Strength Index (RSI) on two customizable timeframes. It highlights areas where RSI values fall below specified thresholds on both timeframes, signaling potential oversold conditions. These signals can help traders identify potential market reversals, making the script particularly suitable for scalping strategies.
Key Features:
1. Customizable RSI Timeframes and Thresholds:
• You can select separate timeframes for the lower and higher RSI calculations.
• RSI thresholds are adjustable to match your preferred trading style and market conditions.
2. Multi-Timeframe Analysis:
• The script calculates RSI for two timeframes simultaneously, allowing for a confluence of signals.
• A bullish signal is generated when RSI values on both timeframes fall below their respective thresholds, indicating oversold conditions.
3. Visual Feedback:
• The background of the chart is highlighted green when a signal occurs, making it easy to identify potential setups without extra chart clutter.
Precio Máximo y Mínimo del Cierre del Día Anterioridentifica el cierre del maximo y minimo del dia anterior
Dream Maker Support ResistanceChỉ báo giao dịch đơn giản chuyên dùng để kháng cự, hỗ trợ và phá vỡ ... Chỉ báo được tạo ra bởi Dream Maker.
Trend Strength Signals Multi timeframe arrayAn experimental script used for contrarian purposes. When indicator shows Long TP market is expected to trend upwards and bulls start taking their profits, overall signaling bullish conditions but also overbought market. Likewise when Short TP pops up, market is expected to trend downwards and bears start taking their profits, overall signaling bearish conditions but with also oversold market.
Ideally we wish to enter on a trending market after a pullback, therefore a possible use of this script could be to detect trending conditions on a higher timeframe then wait for a counter conditions on a lower timeframe and when the two timeframes align again look for possible entry in the direction of main timeframe e.g. assume we have bullish conditions on the 1h timeframe, with bulls starting to take their profits. At some point we will have a deeper pullback and so we expect that bears on the lower timeframe i.e 15m will start taking their profits. Once we start having bulls again on the lower timeframe taking profits we may consider that we are back in the main trend of the 1h chart and start looking for a bullish entry.
The script is purely experimental, does not constitute financial advice and further testing is required! I strongly encourage people to feel free and play around, tweak and improve the script.
Good luck!
DIDX# Changelog - DIDX Script
## Versão 6
### Melhorias
- *Organização por Grupos*: Inputs foram reorganizados em grupos (Média Móvel 1, Média Móvel 2, Média Móvel 3, RSI e Alerta), melhorando a legibilidade e usabilidade.
- *Configuração de Ativos*: Inclusão de suporte para múltiplos grupos de ativos, permitindo a definição de até 5 listas diferentes.
- Novo input de texto (text_area) para especificar os ativos de cada grupo.
- *Funcionalidade RSI*: Adicionado controle para exibir RSI baseado em candles (RSI Candles).
- *Parâmetros mais detalhados*: Cada grupo agora apresenta informações e dicas claras através de tooltips.
### Alterações
- *Nome*: O título do indicador foi alterado de "DIDX v7" para "DIDX".
- *Overlay*: Alterado o indicador para não utilizar mais overlay=true, simplificando a visualização separada do gráfico principal.
- *Simplificação do código*: Redução de redundâncias nos parâmetros e fórmulas com agrupamentos e uso eficiente de funções.
### Novas Funcionalidades
- *Seleção Dinâmica de Ativos*: Agora é possível alternar entre os grupos de ativos por meio de um seletor (Grupo de Ativos).
- *Área de Alerta Customizável*: O parâmetro Alerta Area agora está vinculado ao grupo Alerta, permitindo maior controle visual.
- *Capacidade Expandida*: Suporte para até 40 IDs de ativos por grupo e até 4096 caracteres em cada lista.
9EMA vs 20EMA Trend IndicatorTrend indicator using 9EMA and 20EMA. When 9EMA is above 20EMA the trend is bullish and the channel between the two turns gold. 20EMA above 9EMA and the channel turns blue. This is helpful in recognizing the nature of the trend in price action
HH-LL Trend Detector Strategy Here’s a TradingView strategy that use an algorithm of higher highs (HH) and lower lows (LL) to determine whether the trend is bullish or bearish. Especially made for weekly time frame.
Features
The script generates a buy signal for a bullish trend and a sell signal for a bearish trend.
Buy and Sell Only:
Opens a long position when the trend is Bullish.
Opens a short position when the trend is Bearish.
Visual Feedback:
Background color changes:
Green for Bullish trend.
Red for Bearish trend.
Gray for Neutral trend.
Free access for 3 weeks.
Trading Involves Risk
Trading financial instruments such as stocks, forex, or cryptocurrencies involves a high level of risk and may not be suitable for all investors. Prices can fluctuate significantly, and you could lose more than your initial investment. Always conduct thorough research, use risk management strategies, and never trade with money you cannot afford to lose.
EMA 9/20/50/200This script is an indicator that calculates and displays four Exponential Moving Averages (EMAs): EMA 9, EMA 20, EMA 50, and EMA 200. It helps traders identify trends and key price levels by visualizing EMAs across different timeframes.
Auto Support/ResistanceThis script is an Auto Support/Resistance indicator for Pine Script. It automatically detects and displays support and resistance levels based on pivot points. The user can configure the lookback period to determine how many bars are considered for identifying pivot highs and lows. The script plots the support (green line), resistance (red line), and a centerline (blue line) on the chart. It also marks pivot points with labels and displays the current values of support, resistance, and the centerline in a table on the chart. This tool helps traders identify key price levels for their trading strategies.
