DB KCBB%D Wave SignalsDB KCBB%D Wave Signals
What does the indicator do?
This indicator is a version of my DB KCBB%D indicator updated with signal detection. It results from weeks of analysis of the KCBB%D waves for patterns. I'm releasing it publicly to help those who like the KCBB%D indicator but desire a version with signals built into it.
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility . You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator, watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Signal
DB KCBB%D Buy Warning Signal
DB KCBB%D Sell Signal
DB KCBB%D Sell Warning Signal
DB KCBB%D Death Cross Sell Signal
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
Волновой анализ
Tide Finder (TiFi)Very helpful for price-action trading. Works excellently with 1-hour time frames and below.
See Tide Finder Plus (TiFi+) if you want help from this indicator in higher time frames.
See also: Adaptive Rebound Line (ARL) .
The idea for this indicator was brought on by the concept of high and low tides and everything related to the concept.
RSI + MA, LinReg, ZZ (HH HL LH LL), Div, Ichi, MACD and TSI HistRelative Strength Index with Moving Average, Linear Regression, Zig Zag (Highs and Lows), Divergence, Ichimoku Cloud, Moving Average Convergence Divergence and True Strength Index Histogram
This script is based on zdmre's RSI script, I revamped a lot of things and added a few indicators from ParkF's RSI script.
Disable Labels in the Style tab and the histogram if you don't enlarge the indicator and it seems too small.
Look to buy in the oversold area and bounce of the support of the linear regression.
Look to sell in the overbought area and bounce of the resistance of the linear regression.
Look for retracement to the moving average or horizontal lines, and divergences for potential reversal.
RSI
The Relative Strength Index (RSI) is a well versed momentum based oscillator which is used to measure the speed (velocity) as well as the change (magnitude) of directional price movements.
Moving Average
Moving Average (MA) is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance.
Linear Regression
The Linear Regression indicator visualizes the general price trend of a specific part of the chart based on the Linear Regression calculation.
Zig Zag (Highs and Lows)
The Zig Zag indicator is used to identify price trends, and in doing so plots points on the chart to mark whenever prices reverse by a larger percentage point than a predetermined variable or marker.
Divergence
The divergence indicator warns traders and technical analysts of changes in a price trend, oftentimes that it is weakening or changing direction.
Ichimoku Cloud
The Ichimoku Cloud is a package of multiple technical indicators that signal support, resistance, market trend, and market momentum.
MACD and TSI Histogram
MACD can be used to identify aspects of a security's overall trend.
The True Strength Index indicator is a momentum oscillator designed to detect, confirm or visualize the strength of a trend.
SBS AlgoHello traders, I am here again with a new and improved indicator.
This indicator is based on a pivot breakout algorithm which gives buy and sell signals according to the breakout of trendline. This is an advanced version of another script. It also takes price action into consideration along with some basic indicators like MACD and ADX to give good entry signals.
NOTE: This indicator is not designed to take entries completely based on signals it gives. Please use it along with your trading strategy to add more confluence to your trading system and maximize your profits.
I hope you guys will like this one too .Enjoy 👍
In case you find any bug, please do report in comment section .Thank you.
Event Locator BasicUsable under any conditions and in all markets, the 'event locator' provides a foundational layer for any count-based trading strategy or system. This specific installment color codes events - all down events are green, up events are blue, double-marked events are red, and smooth events are gray. It also wraps the price sequence in a 3-d line landscape plot - providing a visual using lines that are event sensitive. Though events are sometimes referred to as 'fractals,' this is not a fractal tool. These marks are based on 3 candles, not 5 as is common with the Bill Williams fractal scripts. Every countable event on the chart will be marked using this tool. Really, Elliott Wave should have told you about this... (because you can't legitimately count w/o it)
//This indicator was originally a mod of the 'Williams Fractals' indicator - modified by Erek A.D., Nov. 2017
//It was rewritten from the ground up by 'Brobear' in Sept./Oct. 2018
//This code marks 'rough' AND 'smooth' EVENTS in price flow
//EVENTS are naturally created in markets when SEPARATION occurs at candle tips
//SEPARATION happens when a high is flanked by lower highs or a low is flanked by higher lows
//EVENT LOCATORS like this provide an objective foundation for counting price movement
DlineDline is a indicator that was developed by B-Negative. This indicator was developed under convergence logic. If we have many information of prices, when the information was averaged with more enough, the average line will be the linear line that has direction. The direction of this linear line can help traders to analyze the direction of trends. Dline was made with TEMA, EMA, DEMA, and Dline line that is a average line between DEMA and EMA.
Under B-Negative's concept, DEMA and EMA that are average lines will convergence and have same direction when the trends are coming. Amount of data must more enough and diferrect by assets' type. However, user can change value of DEMA, Dline, EMA, and TEMA by themself under 7 concepts below.
1. EMA will convergence to close Dline when the trend will be changing.
2. The uptrend will occure when EMA above/below Dline and candle sticks are green/red color.
3. TEMA was setted similair DEMA.
4. When new high/low of wave cross TEMA and can not retrun to create higher/lower high/low (At oversold/overbought, Stocastic 9,3,3 counting with loop technique), that is exit point of position.
5. Difference of timeframe or assets could use different parameters. (Setting based on 4 rule above.)
6. Divergence between Dline and EMA mean sentiment of assets are sideways.
7. If Dline and EMA look like same line, the trend is most strength trend.
Dline use thickness = 4
EMA use thickness = 1
This ex. is timeframe day.
over zig zagthis is best for 1 day. OVERVIEW This indicator was inspired by Arty. I've taken what he teaches and have applied the tools that he uses into one useful indicator. █ COMPONENTS Here is a brief overview of the indicator: Smoothed Moving Averages Arty uses three main smoothed moving averages and on occasion a fourth.
RSI TrendRSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be more precise based on OB/OS condition of price action. In addition normal RSI trend is plotted with trend color from Hull MA. Best Performance with Heiken Ashi Candles.
OB/OS Settings provided
Hull Buy/Sell Signals plotted
Double RSI FAST and DEFAULT signal with crossover
Bar Color applied based on Hull RSI Trend
Hull Trend + RSI + Price Action
Tom Joseph MACD 5-35 for Elliot WavesThis oscillator for the Elliott Theory has been invented by Tom Joseph and it's useful to correctly count the impulsive and corrective waves.
Its difference compared to a simple MACD is the peculiarity to use the ratio between the Fast SMA (default period set to 5) and the Slow SMA (default period se to 35).
The used formula is as below:
( (fast_SMA / slow_SMA) -1 ) * 100
Hope you could find it useful! 😉
CDC Fibonacci Retracement and ExtensionThis indicator is meant to be used as a tool to quickly identify
fibonacci retracements and projections in multiple charts during
the same date range.
Users can set the calculation date range and quickly flip through
different charts for comparisons
Steps for using this indicator is as follows:
1. Specify Start Date and End Date for calculations
2. Choose Open-ended mode for just retracements, this will disregard
end date in calculations.
3. Select price source, if Use Highs/Lows is selected, the indicator will
use high and low prices for calculation, if not, closing price eill
be used instead
4. Select and/or modify retracement / projection lines as you see fit.
5. Enjoy the result!
1+KillZoneLiteRemove plot line for a better view. I've made this to work on "US30 Global Prime" probably works on other pairs the codes left open to mod.
This Indicator shows 3 sessions to help you focus on timing. This will help you with learning pattern recognition aswell.
1. Gray zone is spreads. The gray zone will show up 30 min before spreads open up.
2. Blue is new york
3. Red is london reversal zone.
4. Look between the zones and also how price reacts within the zones and at what time.
5. This indicator also prints the sessions 1 day in advance to help with back testing aswell.
PharshK RSI and Zigzag with H/LIt is with RSI level
and Zigzag Pattern that Market goes on Maximum level and Lower Level
And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold
PharshK RSI and Zigzag with H/LIt is with RSI level
and Zigzag Pattern that Market goes on Maximum level and Lower Level
And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold
CHS Zig ZagCHS ZigZag stands for Changeable Source ZigZag
The original ZigZag indicator offered by TradingView doesn't have the ability to measure the tips and troughs based on closing prices (line chart), however, this indicator is capable of receiving an input from user that determines the price source used for further calculations.
The default inputs of the original ZigZag indicator have been also changed in order to make it adapt to pivots formed on line chart but users can change arbitrarily.
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FLEX KDJ INDHi Dears!
Here you have this ability to define different methods to aquire high and low bonds in KDJ indicator.
Thses Topologies are available in Popup menu and could be defined by user:
- "AVG" : Use average of cashed data in both High and low Bond
- "MEDIAN" : Use median of cashed data in both High and low Bond
- "MAX" : Use Max of cashed data in both High and low Bond
- "MIN" : Use Min of cashed data in both High and low Bond
- "WIDE" : Use Max of cashed data in High and Min of them for low Bond
- "NARROW" : Use Min of cashed data in High and Max of them for low Bond
- "FIX" : Use predefined constant values by user in 'Max BOND' and 'Min BOND'
- "GAUSS" Use statistical standard deviation method and 'Mult. Max BOND' and 'Mult. Min BOND' to calculate High and low Bond.
In "LEFT RANGE" and "RIGHT RANGE" you can define the range which be used to find pivot and extremum points in calculation of highest and lowest LONG-TERM KDJ Line.
'MEMORY' is the size of cash that you want to collect the extracted data from extreimum points for highest and lowest LONG-TERM-KDJ. If overflowing from this point the oldest value would be kicked from cash.
Other parts are same in KDJ Indicators.
Enjoy trading!
Shakib.
Structured zigzag support&resistance [LM]Hello Traders,
I would like to introduce you Structured zigzag support&resistance. It is based on the ZigZag semafor script made by DevLucem so shout out to him
The indicator is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones
I's the same zigzag indicator as my other zigzag indicator with highlight on diagonal lines(highs and lows are automatically classified and also new types of diagonal lines that connects low or highs and extends to right are drawn )
It has two settings:
Fist is to control horizontal lines and zigzag setting
Second is to control diagonal lines
I hope you will enjoy it as I enjoyed to write it.
Lukas
Elliott Wave 3 FinderThis script will attempt to find the location of the third wave in the Elliot Wave Theory. The bars will become highlighted when possible wave 3 criteria is met. Multiple bars in a row may have a painted background. The point at which the bars are no longer painted will potentially be at or near the end of wave 3.
The background paints a baby blue for wave 3s in an overall uptrend, and pink for downtrends.
Squeeze Momentum Indicator + 2.0This is a squeeze momentum oscillator with ADX-RSI, Elliot waves oscillator, HMA background and more.
I recommend configure ADX-RSI with the following settings:
-ADX Length = 14
-ADX smooth = 14
-RSI Length = 14
-Threshold = 15
-Upline = 70
-Downline = 30
Thanks to OskarGallard for develop this indicator.
I am Sc4lp1ng, the developer of EMA MTF cloud and TSI-ADX Histogram.
PopGun Trading, PG Pattern DetectorPopGun Bar Pattern Strategy
PG Trading
The indicator does the following:
It detects the Outside Bar, the smaller inside Bar and the 3rd Pop Gun that is bigger, than the inside Bar.
When the Pop Gun was detected, the indicator will calculate 3 targets for long and short trades.
In our understanding, a Pop Gun is neutral. The next candles after the Pop Gun will decide if the PG breakout is bullish or bearish.
So if one of the next candles after the PG is breaking the high or low of the PG Candle, this is a breakout confirmation and can traded long or short.
We are using the PG Indicator for Stock, Futures and Index Trading.
The Script uses 3 targets per default, but you can extend the target dots up to 6.
If you want to see the targets in plain text, you can activate the PG Box.
The targets are calculated really easy: Just the height of the candle multiplied with 1, 2 and 3 (4,5 and 6 additionally). In some communities there is an ATR calculation for more extended targets but it seems, that the ATR Calculation will sometimes lead to unreachable targets if the ATR is really high intraday...
We trade PopGuns starting at M15 chart. I think PGs smaler than M15 are not worth a trade...
Maybe i will add the ATR Function in the future just to compare the 2 ways to calculate PG targets. We are really doing well with 1,2,3 targets based on the PG Candle size. (Low to High).
Please leave a comment if you have some feature requests or input to make this the best Pop Gun Indicator in Trading View ;-)
RSI Divergence Scanner by zdmreDivergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
If the stock is rising and making new highs, ideally the RSI is reaching new highs as well. If the stock is making new highs, but the RSI starts making lower highs, this warns the price uptrend may be weakening. This is negative divergence.
Positive divergence is the opposite situation. Imagine the price of a stock is making new lows while the RSI makes higher lows with each swing in the stock price. Investors may conclude that the lower lows in the stock price are losing their downward momentum and a trend reversal may soon follow.
Divergence is one of the common uses of many technical indicators, primarily the oscillators.
Use it at your own risk
