TRADE.GODANN-based script, comparing the previous and current closing of the asset with its percentage of change and determining the purchase or sale accordingly.
I recommend using the time of the script in 60 minutes and the time of opration and 5 minutes for a better scalp.
For junior time I recommend 240 minutes for the script time and 60 minutes for the operating time.
Thanks Thiago Kerbes;)
"股价站上60月线"に関するスクリプトを検索
RSI|The Wave PrincipleThe Wave Principle | Modified RSI
30 green | 70 red = Strong Movement (Possible Impulse)
20 cyan | 80 Yellow = Strongest Movement
Support and Resistance Level (Trend Continuation)
Uptrend= 40
Downtrend = 60
Break+Retest = BR
Div = Divergence (Change in trend)
--------------------------------------------
This indicator has been modified from original RSI to fit Wave Principle characteristics:
Uptrend Impulsive Wave over 70 RSI it changes color to red, and > 80 yellow stronger impulse | Usually means continuation, at least once more.
Downtrend Impulsive Wave under 30 RSI it changes color to green, and < 20 cyan stronger impulse | Usually means continuation, at least once more.
Once RSI reached these levels, it doesn't mean trend reversal but a correction is expected. If it shows divergence along with an Ending Diagonal, it's a confirmation for trend reversal.
In a corrective wave, levels 40-60 represents support and resistance levels where price won't go further. Indicating Corrective Waves, not as strong as Impulsives.
Prices can breakout RSI trend lines and retest from the other side before continue the new trend as also described in the Wave Principle.
--------------------------------------------
The Scale Of Sacred SoundsBased on the Sacred Sound Scale
How to use it:
This indicator is designed to capture the inferred behavior of traders and investors by using two groups of averages.
Meant for longer trades and trend indicator.
Used on any timescale as needed.
Can trade on long or short where the slow MA crosses fast Ma or where the Slow MA compresses and flips open again.
Follow the trend to the end - pot of gold at the end of the rainbow :-)
References:
Based on Daryl Guppy GMMA and
www.guppytraders.com
Read more at:
whatmusicreallyis.com
There is one tuning in which the frequencies 432, 528, 424 and 440 Hz can peacefully coexist. The scale has 32+1 pure harmonic tones and the reference frequency of 256 Hz. It comes from the Natural Ascending Series of Harmonics 32 to 64 of the 8 Hz Fundamental Tone, and represents its 6th double. I call this tuning The Scale of Sacred Sounds.
Representation using ancient Sumerian/Babylonian/Vedic math:
32; 33; 34; 35; 36; 37; 38; 39; 40; 41; 42; 43; 44; 45; 46; 47; 48; 49; 50; 51; 52; 53; 54; 55; 56; 57; 58; 59; 60; 61; 62; 63; 64
Representation using musical ratios:
1/1; 33/32; 17/16; 35/32; 9/8; 37/32; 19/16; 39/32; 5/4; 41/32; 21/16; 43/32; 11/8; 45/32; 23/16; 47/32; 3/2; 49/32; 25/16; 51/32; 13/8; 53/32; 27/16; 55/32; 7/4; 57/32; 29/16; 59/32; 15/8; 61/32; 31/16; 63/32; 2/1
The math for deriving one of the above series from the other is simple. Divide all numbers from the ancient series by the first, then simplify the fractions. Conversely, the series of ratios can be turned into the series of integers by calculating their least common denominator (the smallest whole number that is a multiple of all numbers under the fraction bar) and discarding it.
Logarithmic representation using musical constants (definition given further down):
0,000; 30,772; 60,625; 89,612; 117,783; 145,182; 171,850; 197,826; 223,144; 247,836; 271,934; 295,464; 318,454; 340,927; 362,905; 384,412; 405,465; 426,084; 446,287; 466,090; 485,508; 504,556; 523,248; 541,597; 559,616; 577,315; 594,707; 611,802; 628,609; 645,138; 661,398; 677,399; 693,147
Bitfinex Longs/Shorts Ratio AlertableThis script contains Bitfinex longs/short ratio and generates alarms with a given input .default value is 60 which means alerts when either shorts/longs reach 60:40 ratio
RSI / Stoch / SRSI / MFI / Aroon Overlay [SigmaDraconis]Combines 4 popular indicators (RSI, Stoch, SRSI, MFI) and 1 peculiar one (Aroon) in 1 for those who want to save indicators but not only.
This is an evolution of my (simpler) "RSI / Stoch / Stoch RSI (SRSI) Overlay " that you can find on my scripts.
Added bands for oversold/overbought areas (70/30 common for RSI and 80/20 for SRSI and MFI), as well as a middle 50 horizontal line.
Neutral bands around 55-45 added as well that can be hidden for less clutter. I also recommend a more transparent coloring for these since Pine script doesn't allow default transparency for horizontal lines.
By default only RSI and Stoch are activated, you can activate Aroon, MFI and SRSI on the inputs window.
Some extra notes:
* RSI, Stoch and MFI can help to strengthen one's decision as well as Aroon to predict a possible trend reversal, SRSI can show when RSI has high probability of being topped or bottomed when oversold/overbought but don't forget to look at volume and how the trend progresses that can keep SRSI above 80 or below 20 while RSI and price continues to trend, divergences are most helpful here to find possible reversal areas.
* This chart depicts some interesting divergences, as well as Stoch tops and bottoms and confluences between RSI/MFI and Stoch on some over-extended tops and bottoms that shown being good reversal zones.
RSI resistances are shown as well, failing to break above 60 or the neutral zone (this is a bearish BTC trend chart after all) or failing to gain support to break up certain levels (RSI notes a more bullish trend when consistently above 60 and more bearish below 40).
If you like it and use it to profit, please tip me below :)
Tip jars:
BTC: 15nMBiEGVrdGcu9C1h6QRcTNRvugHkqrMQ
ETH: 0xC33845946c48B61fBCbEA0367ec2238CaF2b73bc
BTS: sigma-draconis
Chop and explodeThe purpose of this script is to decipher chop zones from runs/movement/explosion
The chop is RSI movement between 40 and 60
tight chop is RSI movement between 45 and 55. There should be an explosion after RSI breaks through 60 (long) or 40 (short). Tight chop bars are colored black, a series of black bars is tight consolidation and should explode imminently. The longer the chop the longer the explosion will go for. tighter the better.
Loose chop (whip saw/yellow bars) will range between 40 and 60.
the move begins with blue bars for long and purple bars for short.
Couple it with your trading system to help stay out of chop and enter when there is movement. Use with "Simple Trender."
Best of luck in all you do. Get money.
Build A BotThis is the Robot we built during the 60 Minute Build-A-Bot webinar on September 12, 2018. We had a great time, and a lot of participation and the best part was that we finished up this robot and even ran a backtest in exactly 60 minutes! We built this robot based on recommendations and suggestions from those who were attending live. Lots of pieces in this robot, but you can always tinker with it, remove stuff, add things, whatever you want!
This version uses the CCI as a trigger for trade entry. The other version uses the Hull Moving Average as a trigger for trade entry.
Volume Zone Oscillator and Price Zone (VZO/PZO) [NeoButane]" Volume Precedes Price is the conceptual idea for the oscillator."
"The main idea of the VZO was to try to change the OBV to look like an oscillator rather than an indicator, also to include time; primarily to identify which zone the volume is located in during a specific period "
How to read this indicator:
Positive reading -> bullish
Negative reading -> bearish
-60 or 60 is seen as the limit of the oscillator range, and a pullback should be expected from there.
Plus and minus signs have been added to the top and bottom for VZO and PZO, with an adjustable threshold to trigger.
Alert conditions have been added to this indicator for ease of use.
Volume Zone Oscillator, write-up by the author (recommended reading)
http:capitalsynergy.com/resources/IFTA09VZO.pdf
Volume Zone Oscillator, uses and formula
https:www.investopedia.com/articles/active-trading/072815/how-interpret-volume-zone-oscillator.asp
Price Zone Oscillator, uses and formula
https:www.investopedia.com/terms/p/price-zone-oscillator.asp
Fib,Guppy Multiple MA(FGMMA)(A/D & Volume Weight,SMA,EMA)[cI8DH]Features:
- 3 + 12 MAs (12 is chosen because Guppy has 12 MAs)
- MA types can be set to Simple, Exponential, Weighted, and Smoothed
- Volume weight can be applied to all available MAs (the built-in VWMA uses Simple MA)
- It is possible to count in only effective portions of the volume in the equation by using Accum/Dist Volume Weight
- Secondary smoothing (useful when volume weight is enabled)
- Predefined MA sets based on Fibonacci sequence (2,3,5,8,.., 377), Guppy (3,5,8,10,12,15 &30,35,40,45,50,60), and cI8DH (2,3,5,8,12,17 & 30,34,39,45,52,60)
Recommended settings:
- hlc3 as input source captures all the essential information encapsulated in a candle. I'd use hlc3 as the default option. In uptrend, "low" and in downtrend, "high" might give more relevant results when using MAs for structural analysis of a market. For commonly used MAs (EMA20, SMA50,100,200), "close" should be used due to their self-fulfilling prophecy effect.
- When you have volume weight above 0, you may want to use secondary smoothing.
- Try not to use Simple MA for smaller lengths (below 20). Sharp changes in the past (right before the period specified by the length) will affect the current value of MA dramatically leading to confusion.
- I am using the first 3 MAs for SMA 50,100,200. You can disable them from the MA type selector all at once when using Fib or Guppy ribbons.
MA-based analysis:
There are different ways of structuring a market. Geometrical (trend lines, channels, fans, patterns, etc) and Fib retracement-based structuring is very common among traders. MAs give an alternative way of analyzing markets. MA ribbons such as Guppy (6 slow and 6 fast-moving MAs) are popular for analyzing market flow. IMO default Guppy sets are a bit random as the numbers do not have an elegant sequence. So I proposed my sets based on increasing sequene spacing (+1). These two MA ribbons are good for market flow analysis but the spacing of the MAs are not ideal for structuring a market. Ribbons based on the Fib sequence is a better choice for structuring a market. This is the equivalent of Fib channels but in a more dynamic form. Among other things, MA Fib ribbon can be used to assess market momentum and to compare different stages of a market. Here are two "educational-only" examples:
Notes:
- Smoothed MA with length L = Exponential MA with length 2*L-1
- Read the background section in my ADP indicator to understand how A/D Volume is calculated
Better RSI with bullish / bearish market cycle indicator This script improves the default RSI. First. it identifies regions of the RSI which are oversold and overbought by changing the color of RSI from white to red. Second, it adds additional reference lines at 20,40,50,60, and 80 to better gauge the RSI value. Finally, the coolest feature, the middle 50 line is used to indicate which cycle the price is currently at. A green color at the 50 line indicates a bullish cycle, a red color indicators a bearish cycle, and a white color indicates a neutral cycle.
The cycles are determined using the RSI as follows:
if RSI is overbought, cycle switches to bullish until RSI falls below 40, at which point it becomes neutral
if RSI is oversold, cycle switches bearish until RSI rises above 60, at which point it becomes neutral
a neutral cycle is exited at either overbought or oversold conditions
Very useful, please give it a try and let me know what you think
MG - Multiple time frame Stochastic RSIAllows user to view stochastic RSI from two different time frames.
Each stochastic RSI indicator is fully customizable, offering the following options:
- Timeframe
- RSI source
- RSI length
- Stochastic length
- Stochastic average length
- Stochastic smoothing length
Usage:
Comparing stochastic RSI across two different time frames can sharpen trades. For example, if you configure a 60 min and 5/15 min stochastic RSI pair, you might enter a long trade when the 60 min stoch RSI crosses up and exit / take profit when the 5 min stock RSI crosses down.
NG [Simple Harmonic Oscillator]The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle.
The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent.
The SHO has overbought and oversold levels at +40 and -40, respectively.
At extreme periods, the oscillator may reach the levels of +60 and -60.
The zero level demonstrates an equilibrium between the periods of bulls and bears.
The SHO oscillates between +40 and -40.
The crossover at those levels creates buy and sell signals.
In an uptrend, the SHO fluctuates between 0 and +40 where the bulls are controlling the market.
On the contrary, the SHO fluctuates between 0 and -40 during downtrends where the bears controlthe market.
Reaching the extreme level -60 in an uptrend is a sign of weakness.
Ichimoku Cloud w/SelIchimoku Cloud with selection for:
Regular:
conversionPeriods = 9,
basePeriods = 26
laggingSpan2Periods = 52,
displacement = 26
Crypto:
conversionPeriods = 10,
basePeriods = 30,
laggingSpan2Periods = 60,
displacement = 30
Crypto Doubled:
conversionPeriods = 20,
basePeriods = 60,
laggingSpan2Periods = 120,
displacement = 30
3 Linear Regression CurveFast 3LRC - 15/30/60 standard settings - 15/30 give a lot of noise, but give you a some time to prepare for the 60 to flip
DEMA Double Exponential Moving Average Strategy@Moneros 2017
Based on The DEMA is a fast-acting moving average that is more responsive to market changes than a traditional moving average
en.wikipedia.org
!!!! IN ORDER TO AVOID REPAITING ISSUES !!!!
!!!! DO NOT VIEW IN LOWER RESOLUTIONS THAN res/2 PARAMETER !!!!
for example res = 120 view >= 60m res = 60 view >= 30m
the length of the DEMA sampling shouldn't be longer than a candle
Best profits tested on BTCUSD
res = 105 slowPeriod = 2 fastPeriod = 32
res = 125 slowPeriod = 3 fastPeriod = 21
res = 120 slowPeriod = 2 fastPeriod = 32
res = 130 slowPeriod = 1 fastPeriod = 24
res = 40 slowPeriod = 4 fastPeriod = 93
res = 60 slowPeriod = 1 fastPeriod = 67
BTCUSD
RSI in Bull and Bear Market V2.0RSI oversold at 60/40 in bullish market
And Overbought at 40/60 in Bearish market
for more info of this Strategy
WaveTrend [MastroFran]Great indicator to show short term price movements. 5 day moving average oscillator. When green crosses red and under the 60 mark, buy with caution. when over the 60 mark and red crosses green sell immediately for highest profits.
Hersheys CoCo VolumeCoCo Volume shows you volume movement of your symbol after subtracting the movement from another symbol, preferrably the sector or market the stock belongs to.
My latest update to my CoCoVolume Indicator. It calculates today's volume percent over the 60 period average for both your symbol and index, and displays that difference. If the percent is over the max it highlights the color, showing BIG action for that stock.
The last version was calculating the percent volume difference from yesterday to today for the stock and index and displaying the difference. The prior method had large swings on low volume stocks... this one shows the independent volume action much better. The default values will suit most stocks.
You can set three variables...
- the index symbol, default is SPY
- the period for averaging, default is 60
- the max volume percent, default is 500
Good trading!
Brian Hershey
close-hl2 Price actionStill not tested, but looks very good ; it is the difference between EMA median price and EMA close in different time frame, I used 240, 60, and the current Time frame ,plus one more customed period ; can forcast the price movement , but it s not in scale, so it can not show how much higher or lower the price can goes but just the next direction. I think intraday on 5 ,15 ,60 better then high frame.If you need to try on Daily frame have to change the period to higher then Daily
Everyday 0002 _ MAC 1st Trading Hour WalkoverThis is the second strategy for my Everyday project.
Like I wrote the last time - my goal is to create a new strategy everyday
for the rest of 2016 and post it here on TradingView.
I'm a complete beginner so this is my way of learning about coding strategies.
I'll give myself between 15 minutes and 2 hours to complete each creation.
This is basically a repetition of the first strategy I wrote - a Moving Average Crossover,
but I added a tiny thing.
I read that "Statistics have proven that the daily high or low is established within the first hour of trading on more than 70% of the time."
(source: )
My first Moving Average Crossover strategy, tested on VOLVB daily, got stoped out by the volatility
and because of this missed one nice bull run and a very nice bear run.
So I added this single line: if time("60", "1000-1600") regarding when to take exits:
if time("60", "1000-1600")
strategy.exit("Close Long", "Long", profit=2000, loss=500)
strategy.exit("Close Short", "Short", profit=2000, loss=500)
Sweden is UTC+2 so I guess UTC 1000 equals 12.00 in Stockholm. Not sure if this is correct, actually.
Anyway, I hope this means the strategy will only take exits based on price action which occur in the afternoon, when there is a higher probability of a lower volatility.
When I ran the new modified strategy on the same VOLVB daily it didn't get stoped out so easily.
On the other hand I'll have to test this on various stocks .
Reading and learning about how to properly test strategies is on my todo list - all tips on youtube videos or blogs
to read on this topic is very welcome!
Like I said the last time, I'm posting these strategies hoping to learn from the community - so any feedback, advice, or corrections is very much welcome and appreciated!
/pbergden
6 EMAThis indicator allows you to set up 6 EMAs.
By default, the EMAs are based on the candle's closing price.
The default values are 7, 20, 60, 120, 200, and 400, and you can toggle each EMA on or off as needed.
Trinity Multi-Timeframe MA TrendOriginal script can be found here: {Multi-Timeframe Trend Analysis } www.tradingview.com
1. all credit the original author www.tradingview.com
2. why change this script:
- added full transparency function to each EMA
- changed to up and down arrows
- change the dashboard to be able to resize and reposition
How to Use This Indicator
This indicator, "Trinity Multi-Timeframe MA Trend," is designed for TradingView and helps visualize Exponential Moving Average (EMA) trends across multiple timeframes. It plots EMAs on your chart, fills areas between them with directional colors (up or down), shows crossover/crossunder labels, and displays a dashboard table summarizing EMA directions (bullish ↑ or bearish ↓) for selected timeframes. It's useful for multi-timeframe analysis in trading strategies, like confirming trends before entries.
Configure Settings (via the Gear Icon on the Indicator Title):
Timeframes Group: Set up to 5 custom timeframes (e.g., "5" for 5 minutes, "60" for 1 hour). These determine the multi-timeframe analysis in the dashboard. Defaults: 5m, 15m, 1h, 4h, 5h.
EMA Group: Adjust the lengths of the 5 EMAs (defaults: 5, 10, 20, 50, 200). These are the moving averages plotted on the chart.
Colors (Inline "c"): Choose uptrend color (default: lime/green) and downtrend color (default: purple). These apply to plots, fills, labels, and dashboard cells.
Transparencies Group: Set transparency levels (0-100) for each EMA's plot and fill (0 = opaque, 100 = fully transparent). Defaults decrease from EMA1 (80) to EMA5 (0) for a gradient effect.
Dashboard Settings Group (newly added):
Dashboard Position: Select where the table appears (Top Right, Top Left, Bottom Right, Bottom Left).
Dashboard Size: Choose text size (Tiny, Small, Normal, Large, Huge) to scale the table for better visibility on crowded charts.
Understanding the Visuals:
EMA Plots: Five colored lines on the chart (EMA1 shortest, EMA5 longest). Color changes based on direction: uptrend (your selected up color) if rising, downtrend (down color) if falling.
Fills Between EMAs: Shaded areas between consecutive EMAs, colored and transparent based on the faster EMA's direction and your transparency settings.
Crossover Labels: Arrow labels (↑ for crossover/uptrend start, ↓ for crossunder/downtrend start) appear on the chart at EMA direction changes, with tooltips like "EMA1".
Dashboard Table (top-right by default):
Rows: EMA1 to EMA5 (with lengths shown).
Columns: Selected timeframes (converted to readable format, e.g., "5m", "1h").
Cells: ↑ (bullish/up) or ↓ (bearish/down) arrows, colored green/lime or purple based on trend, with fading transparency for visual hierarchy.
Use this to quickly check alignment across timeframes (e.g., all ↑ in multiple TFs might signal a strong uptrend).
Trading Tips:
Trend Confirmation: Look for alignment where most EMAs in higher timeframes are ↑ (bullish) or ↓ (bearish).
Entries/Exits: Use crossovers on the chart EMAs as signals, confirmed by the dashboard (e.g., enter long if lower TF EMA crosses up and higher TFs are aligned).
Customization: On lower timeframe charts, set dashboard timeframes to higher ones for top-down analysis. Adjust transparencies to avoid chart clutter.
Limitations: This is a trend-following tool; combine with volume, support/resistance, or other indicators. Backtest on historical data before live use.
Performance: Works best on trending markets; may whipsaw in sideways conditions.
Price Persistence ScreenerPrice Persistence Screener
Pine Script v6 | Inspired by @pradeepbonde on X
This indicator, inspired by the insights of @pradeepbonde , is designed to identify stocks with high price persistence—stocks that consistently close higher than the previous day's close over various lookback periods. As described by Pradeep Bonde, stocks with high persistence are strong candidates for trading pullbacks or consolidations, as they often resume their upward trend due to aggressive buying and low selling pressure. This tool helps traders screen for such stocks and visualize their persistence across multiple timeframes.
Features:
Measures price persistence by counting bars where the closing price exceeds the previous bar’s close for fixed periods: 499, 252, 126, 60, 40, 20, 15, 10, and 5 bars.
Includes a customizable lookback period (1 to 499 bars) for flexible analysis.
Allows users to set a custom persistence threshold (0% to 100%) to highlight strong bullish trends.
How It Works:
For each lookback period, the indicator calculates how many times the closing price is higher than the previous bar’s close.
A higher count indicates stronger bullish persistence, signaling stocks with sustained upward momentum.
Usage:
This screener is aimed to be used on pine screener to see data in columns. Add this indicator to you favorites and in pine screener scan on your watchlist of up to 1000 stocks
Adjust the custom lookback period and threshold via input settings.
Sort columns to compare persistence across timeframes and identify stocks with high persistence for swing trading or long-term holding.
Settings:
Custom Lookback Period (Bars): Set the number of bars for the custom persistence calculation (default: 100).
Custom Persistence Threshold (%): Define the percentage threshold for highlighting high persistence in the custom period (default: 70%).
Credits:
This indicator is based on the price persistence concept shared by @pradeepbonde
in his YouTube video (www.youtube.com). He explains that stocks with high persistence—those consistently closing higher day after day—are strong candidates for trading pullbacks, as they tend to resume their upward trend. This screener automates and visualizes that concept, making it easier for traders to identify such stocks.
Note:
Ensure sufficient historical data is available for accurate calculations, especially for longer periods like 499 bars. if stock is less than 499 bars.
High persistence stocks may eventually lose momentum, signaling potential reversals or shorting opportunities, as noted by @pradeepbonde
.
Use this indicator as part of a broader trading strategy to screen strong trends with custom lookback scan, combining it with other technical or fundamental analysis.
