Parametric Oscillator (Expo)Parametric Oscillator (Expo)
DESCRIPTION
Parametric Oscillator is an ATR based indicator that both shows the momentum in the market and overbought/oversold areas. The indicator has a price line that can be used for market timing.
This indicator is a good complement to Cumulative Delta (Expo) . If you absolutely want to understand momentum and market timing, these indicators should be used together with Parametric ATR Signal (Expo) .
HOW TO USE
1. Use the indicator to detect trends.
2. Use the indicator to assess the momentum in the market.
3. Use the indicator to identify overbought and oversold areas.
4. Combine the indicator with Cumulative Delta (Expo) and with Parametric ATR Signal (Expo) .
INDICATOR IN ACTION
REGULAR – SCALE
TREND
• A positive trend: the candlesticks are above the midline.
• A negative trend: the candlesticks are below the midline.
• The midline can act as a support or resistance level
OverBought
• The candlesticks are approaching the upper-cloud
OverSold
• The candlesticks are approaching the lower-cloud
EURUSD
BTCUSD
BRENT
EURUSD
LOGARITHMIC – SCALE
TREND
• A positive trend: the candlesticks are close to the upper cloud.
• A negative trend: the candlesticks are close to the lower cloud.
OverBought
• We must have a negative trend and the Price-line peak up above the midline.
OverSold
• We must have a positive trend and the Price-line peak down below the midline
EURUSD
BTCUSD
GOLD
RENKO CHART
BTCUSD
DIVERGENCES
All types of momentum oscillator indicators produce divergences and so does Parametric oscillator (Expo). Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high.
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Y our feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas 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 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, 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 are only for educational purposes!
Trendfollowing
Leavitt Convolution & Acceleration by CryptorhythmsLeavitt Projection, Convolution, & Acceleration by Cryptorhythms
Intro
Bringing you another open source Gem this time from the January 2020 Issue of TASC.
Description
In the article in the Oct 2019 TASC issue titled "An interplanetary marriage" author Jay Leavitt describes the evolution process required in strategy design by introducing his Mars strategy. This grew out of concepts presented in his earlier TASC articles such as the stratosphere, moon rocket, and tech emini strategies. This dual indicator uses a linear regression of price data to help derive slope and acceleration information, in turn helping him to identify trends and trend turning points.
Additions
As usual a few useful extras are included such as a rudimentary signaling system, bar coloration by trade state, overbought/oversold areas to assist in algorithmic setups, and more!
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 71st script on Tradingview!
💬Check my Signature for other information
[RSM] Relative Strength Momentum 10 sources v1.1This indicator was designed to compare relative price momentum across multiple related/unrelated symbols, maximum of 10.
Each symbol's momentum/trend is determined by price movement and custom weighted moving averages.
You can use this indicator to determine changing trends by looking at correlated leading symbols.
Description of Input Parameters:
Dark theme: Turn on this checkbox if you are using the dark theme in Tradingview.
MA Type: Default is preferred, but allows you to choose different Moving Averages to determine momentum.
MA Period: Ideal period is 200 for a Chart TF of 15 minutes to 1 Hour for most symbols I've tested. (US/Euro Indexes CFD and Futures )
Symbol 1-10: Enter a valid Symbol in Tradingview otherwise indicator will return an error.
Color Symbol 1-10: Pick a unique color for each corresponding Symbol.
Display Symbol 1-10: Checkbox to turn on/off corresponding symbol's plot.
Access to Script:
Please contact me privately on Tradingview, user id: a.tesla2018
Alternatively, use the links below for method of payment/access to this indicator. Please do not forget to mention your TV name in notes.
Bollinger Bands Trend Model-BuschiEnglish
In general, Bollinger Bands are used as an indicator to visualize the "reversion to the mean". However, in this model, by using smaller variable values (default: 10 time intervals instead of 20, 1 standard deviation instead of 2), they are used as an trend following indicator. Two consecutive closes above the upper band form a buy signal (symbol 'B' above bar) which is reversed by two consecutive closes below the lower band (symbol 'S' under bar) and vice versa. The corresponding buying (green) and selling (red) zones are coloured between the bands.
Deutsch
Im Allgemeinen werden Bollinger-Bänder als ein Indikator verwendet, um die "Rückkehr zum Mittelwert" zu visualisieren. In diesem Modell werden sie durch kleine Variablen-Werte (Standardwert: 10 Zeitintervalle anstatt 20, 1 Standardabweichung anstatt 2) jedoch als Trendfolge-Indikator verwendet. Zwei aufeinanderfolgende Schlusskurse über dem oberen Band (Symbol 'B' über dem Balken) bilden ein Kaufsignal, das durch zwei aufeinanderfolgende Schlusskurse unter dem unteren Band (Symbol 'S' unter Balken) umgekehrt wird. Gleiches gilt umgekehrt. Die entsprechenden Kauf-Zonen (grün) und Verkauf-Zonen (rot) werden zwischen den Bändern eingefärbt.
Auto Trend Channel by Atilla YurtsevenHi traders,
I have coded this "Auto Trend Channel" script to help myself to draw a perfect trend. I usually use "Open / Close" as source. Play around with the "Lookback" period to find the best fit. Hope you enjoy it.
Note: This indicator repaints as highs and lows changed.
Remember to follow me and drop some comments below.
Disclaimer: This is not financial advice
Trade safe,
Atilla Yurtseven
[RSM] Relative Strength Momentum v1.0 [pvt]This indicator was designed to compare relative price momentum across multiple related/unrelated symbols, maximum of 6.
Each symbol's momentum/trend is determined by price movement and custom weighted moving averages.
You can use this indicator to determine changing trends by looking at correlated leading symbols.
Description of Input Parameters:
Dark theme: Turn on this checkbox if you are using the dark theme in Tradingview.
MA Type: Default is preferred, but allows you to choose different Moving Averages to determine momentum.
MA Period: Ideal period is 200 for a Chart TF of 15 minutes to 1 Hour for most symbols I've tested. (US/Euro Indexes CFD and Futures)
Symbol 1-6: Enter a valid Symbol in Tradingview otherwise indicator will return an error.
Display Symbol1-6: Checkbox to turn on/off corresponding symbol's plot.
Access to Script:
Please contact me privately on Tradingview, user id: a.tesla2018
Alternatively, use the links below for method of payment/access to this indicator.
TradewithPuneet: Pro-PullbacksThe Pro-Pullbacks strategy is designed to trade pullbacks . In other words, this strategy will give you:
• BUY signals : When in an already established Uptrend , a stock falls but then resumes its upward trajectory.
• SHORT signals : When in an already established Downtrend , a stock rises but then resumes its downward trajectory.
Through this strategy, we aim to trade in the direction of an already established trend by entering on a pullback. Thus, instead of trying to catch the whole trend, this strategy tries to profit from an already established trend.
The strategy uses certain filters to identify whether the stock is in Uptrend or Downtrend. Next, it identifies pullbacks to an identified trend. Pullbacks are sometimes too short or too deep. This strategy ignores such short & deep pullbacks. Finally, it identifies certain threshold levels (for confirmation), beyond which the stock is expected to resume the original trend. If the stock closes beyond the threshold level, it gives the necessary BUY or SHORT signal.
The strategy guides you the price level at which to enter a trade. You can enter your choice of target profit and stop loss levels.
This strategy is only built for stocks, not for indices or any other financial instrument.
TradewithPuneet: Pro-BreakoutsThe Pro-Breakouts strategy is designed to get into a LONG position when a stock enters an Uptrend after a breakout. This strategy gives you:
• BUY signals : On a breakout, with strong probability of continuing up-moves.
• No SHORT signals are included in this strategy.
Through this strategy, we aim to ride a big chunk of the Uptrend till it reverses.
The strategy uses certain filters to avoid fake breakouts. Once those filter conditions are met, the stock waits for a breakout of key resistance level. Upon the breakout, the stock gives a BUY signal. Finally, when the stock breaks its key support level, it gives an EXIT signal.
The strategy guides you the price level at which to BUY and EXIT. You can also input your acceptable stop loss and profit booking levels, which are then displayed on the chart. The resistance and support lines (which result in trades) are drawn automatically on the chart.
The strategy is for medium to long-term traders . It works only on Daily timeframes and on closing prices. Hence, during the market hours, if a stock breaks out of its key-resistance level, you will see a BUY signal, but if it closes below it, the signal will disappear.
This strategy is only built for stocks, not for indices or any other financial instrument.
Moving Median Price by Atilla YurtsevenMoving Median Price is similar to Moving Average. However it uses the median instead of the mean. I believe that median is more important than the mean in some cases. Let me explain why:
There are 5 employees in a company. Their annual salary is $24,000,00. There's also a CEO of the company and his annual salary is $100,000.00. So if you calculate the mean to find the average salary using mean, you find $36,666.66. Well, nobody gets paid more than $24K but the CEO. Median helps us here. If you use median, the average salary is $24,000.00.
Keep in mind that you can use the median to find the average salary you pay per employee. You can still use mean for different purposes.
I have also added 2. Median to the script. You can enable or disable.
Disclaimer: I'm not an advisor and this script or the article is not financial advice.
Trade safe,
Atilla Yurtseven
Stochastic binary option styleUsing Time Frames For Trend – You can also use different time frames to determine trends with stochastic. To do this you will need to use two different time frame charts, I like to use the weekly/daily or daily/hourly combination depending on the asset. Weekly/daily works well with stocks and indices while I prefer the shorter time frame for currency and commodities. This is how it works; stochastic on the longer term chart sets trend, stochastic on the shorter term chart gives the signal. If, on the weekly chart, stochastic is pointing up then you would trade bullish signals on the daily charts. Or if using the daily/hourly combo the stochastic on the daily would set trend while signals would come from the hourly chart.
Green color bar and background means k is > d, the crowd is bullish (trend is bullish, a bullish crossover is happened), red is the contrary (bears are the leaders)
Credit to Michael Hodges
TrenderTrender is an indicator that compiles trend-following ideas in a complete friendly-custom indicator. Based on classic arithmetic moving averages, exponential moving averages, volume and a little bit of Fibonacci. Indicator built and usable in TradingView, focused only for easy visualization of the trend.
Directional Movement Index with double exponential moving averagThe Directional system is a trend-following method developed by J. Welles Wilder,
in the mid-1970s. It identifies trends and shows
when a trend is moving fast enough to make it worth following. It helps traders to
profit by taking chunks out of the middle of important trends.
Trading Rules
1. Trade only from the long side when the positive Directional line is above the
negative one. Trade only from the short side when the negative Directional line
is above the positive one. The best time to trade is when the ADX is rising, show-
ing that the dominant group is getting stronger.
2. When ADX declines, it shows that the market is becoming less directional. There
are likely to be many whipsaws. When ADX points down, it is better not to use
a trend-following method.
3. When ADX falls below both Directional lines, it identifies a flat, sleepy mar-
ket. Do not use a trend-following system but get ready to trade, because major
trends emerge from such lulls.
4. The single best signal of the Directional system comes after ADX falls below
both Directional lines. The longer it stays there, the stronger the base for the
next move. When ADX rallies from below both Directional lines, it shows that
the market is waking up from a lull. When ADX rises by four steps
from its lowest point below both Directional lines, it “rings a bell” on a
new trend . It shows that a new bull market or bear market is being
born, depending on what Directional line is on top.
5. When ADX rallies above both Directional lines, it identifies an overheated mar-
ket. When ADX turns down from above both Directional lines, it shows that the
major trend has stumbled. It is a good time to take profits on a directional trade.
If you trade large positions, you definitely want to take partial profits.
This particular version uses DEMA (double exponential moving averages) in attempt to catch moves sooner.
A.M E Trend
Hi Trading View,
This is my Custom Indicator and Strategy that i am currently using. This is a Trend following indicator that plots entries on certain market criteria.
The indicator will Plot Bollinger Bands and also 2 EMA's on the trading time frame and also 2 EMA's on the Daily time frame for quick view on overall market Direction.
This indicator is looking for:
Market Direction
Pullbacks to EMA's
Price Action
Lows and Highs
Trend continuation
Once these conditions are met the indicator will place signals onto the chart in the direction of the trade.
This indicator will look for both Long and Short Signals.
This indicator can be used on Multiple Time Frames and currency pairs.
I use this indicator mainly on the 15M and 1H chart.
You are also able to set alerts for the signals so if you are not near the charts all the time you will get a notification pop up on the trading view app
User discretion should be used while using this indicator, I look for rejection and reversal candles such as a Doji, Long Wick Bar or Engulfing.
Trading Rules:
Stop loss below or above previous low or high of signal bar.
Look for a 1:1 or 1:1.5 risk reward (some trades go way further).
Have Fun and Enjoy.
Ash
Trend Confirmation Indicator - Triple OBVDear all, you might wonder is there a confirmation indicator that has a high hit rate, is dependable, and could rely on the information it gives you when making a decision?
Here I present an indicator I developed specifically for cryptocurrency, in the minds of eliminating fakeouts and traps.
Trend is always invalid then there is a lack of volume, so by tracking the momentum of price direction & volume, we can have a ballpark about where the market is moving to.
On balance volume
obvshort = ema3
obvmedium = ema9
obvlong = ema26
This is a lagging indicator, which means it's not good at predicting reversal.
This is also the reason why
long signal = obvshort > obvmedium and obvshort > obvlong
shortsignal = obvshort < obvmedium and obvshort < obvlong
both without obvmedium >< obvlong
This indicator will not lie to you.
At last
Save Hong Kong, the revolution of our time.
CloudRest ATR based cloudThis is an indicator I have been working on for the past 2 years, developed specifically for cryptocurrency.
It is primarily a trend following indicator with great success and it performs the best in 4hrs to the weekly chart.
There are two components of this indicator.
The baseline from Ichimoku cloud and volatility stop .
baseline period = 26
volatility stop = 1.5ATR, 3
You can view this as the main component of a trend following system but you will need other confirmation indicators to confirm your entry.
Feel free to modify the script for your own system.
Feel free to follow me on twitter @Lancelot_Auger
I will be posting more content in the future, stay tuned.
And lastly,
Free hong kong, the revolution of our time!
Tabajara com Nutella [xdecow]Tabajara setup from André Machado
-ma 8
-ma 20
-ma 50
-ma 200 (blue)
-vwap (aqua)
-bollinger bands
-barcolor based on tabajara rules
Crayons GrayonsUpdate for
Crayons 0.2
Crayons is early onset hyper customizable trend reversal trading suite
There is some big changes for Signal and Pivot generation and its set as Default mode so in case of nostalgia for white noise there is an option to "rollback" placed at the top of input menu
As always- hyper customizable
Every singal core crayon signal group will be turned on by default so open input menu for personalizing signals to charts and personal character
Crayons 0.2-
Greatly improved Signal quality
Improved Pivot detection logic
Two Set's of Pivots "Cleaned" and "Vanilla"
Optional Polichrome candle painter mode to provide additional information on demand
Optional Labels for signals and pivots
Secondary risk filter filtering "riskier" signal sequences (Experimental)
Second MA is changed by ATR modified to work as trailing S/R (Source is ohlc4 for whip protection model is experimental ,filters used is not suitable for micro tf so atr calls for higher periods, its experimental and will be fixed or removed with later updates, added for testing purposes)
TMA Indicator v2.2This indicator is designed to show support and resistance at local extremes. Configurable SMA crossover events can be used to impart a bullish or bearish bias. This helps to reduce noise on the chart and increase profit factor. In other words, the indicator will only look for bullish breakouts if the fast moving average is above the slow moving average and vice-versa.
SMA Crossover events can be used to filter bullish or bearish resistance levels.
SMA Crossover events can be used to filter bullish or bearish breakout alerts.
Supports alerts for entries and exits based on breakouts of local extrema.
Alerts can be generated at every breakout or with SMA crossover filtering active.
Backtests would suggest that filtering with SMA crossovers often yields slightly lower profit but with a considerable improvement to profit factor.
Green/Red indicates long/short entry
Yellow/Orange indicates long/short exit
See here for an example backtest and visualization of active SMA signal filtering:
For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
TMA Indicator v2.1This indicator is designed to show support and resistance at local extremes.
Indicator can be configured to filter out bullish vs bearish resistance levels based on configurable parameters.
Supports alerts for entries and exits based on breakouts of local extrema.
Green/Red indicates long/short entry
Yellow/Orange indicates long/short exit
Backtest window: Jan 1, 2015 - Jul 21, 2019 (today)
For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
RenkoMasterRenkoMaster is a variant of our popular TrendMaster Script with adjusted parameters. It can be used to provide confluence when determining Renko entries and exits.
Setting Up The Indicator
After purchase, open the TradingView indicator library. Under the Invite-Only Scripts section, you will see RenkoMaster. Add it to your chart. Next, you must customise your theme settings to allow RenkoMaster to take over control of your candle colours. You can find a complete set-up tutorial on our website.
Candle Colours
By default, RenkoMaster will colour your candles in black and white. White candles indicate an uptrend in an asset and the candles will not change colour until the trend has reversed and a counter-trend signal has been printed. Black candles indicate a downtrend, they will remain black until a counter-trend long signal candle has been printed.
Signal candles
A signal candle is printed when the price of an asset closes above or below the moving average cloud and the medium term trend moving average. By requiring two criteria for a single candle to print we will see a drastic reduction in the number of false signals.
The RenkoMaster entry technique further reduces the likelihood of false entries. To enter a trade we do not buy the signal block immediately. Instead, we treat the signal block as an indication that a trend change is possible. We want to see confirmation of this trend before making an entry. To enter we place a pending order a few ticks above or below the high or low of the signal block. By doing this we only enter a trade when the asset has shown a continuation in the direction of the suggested trend change.
Our Story
Founded in 2018 by IchimokuScholar and C00kie, TrendMaster is a team that produces technical analysis indicators with an emphasis on simplicity and noise reduction. We support a large community with educational content, automated market scanners and mentoring in our private chat rooms. We produce technical analysis indicators geared primarily towards the emerging Cryptocurrency asset class. We provide educational material to assist trader development and host a large online trend following community. All of our products are designed to help traders distinguish relevant information from background noise. Our indicators encourage disciplined trade management to maximise the opportunity captured while minimising losses.
IchimokuScholar
IchimokuScholar – In 2017 I retired from a career in higher education to focus on Trading. I like to trade long term trends, focusing primarily on continuation setups. I am dedicated to sharing my knowledge of trading and take great pleasure in simplifying technical analysis for newer traders.
C00kie
I started trading crypto in 2017 and immediately started coding a bunch of tools to improve my quality of life. Some definitely worked out better than others. Like to trade the higher timeframes and drawing horizontal lines on charts. I am also pretty much obligated to like cookies.
Higher High Lower Low Strategy (With Source Code)This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script changes bar color blue or black. if there is up-trend then bar color is blue, or if down-trend then bar color is black. also as you can see support and resistance levels change dynamically.
If you use smaller numbers for left/right bars then it will be more sensitive.
source code of :
Sheek SwingBot OfficialPros:
Ability to setup Alerts for buy/sell signals
Trend identification
Stand-alone for decision making
Cons:
Choppy sideways action results in meh/bad signals
Strategy is simple
Buy if bitcoin symbol is present and price is trading above the green cloud , DONT take the short signals only the buy
Short if Dollar symbol is present and price is trading below the red cloud .Again DONT take the anti trend calls
The cloud is your trend indicator
Have some limits inside the cloud
Risk management is advised!!!
, Happy Trading
Popat Trend AlanyzerThis tool will help you analyze the trend where you determine when you have to enter and when exits with your Technical analysis, with this indicator you can easily spot if market is trending or ranging and can trade according to it. You can use it with any time frame, you can use it bigger time frames for accurate result coz there are lot of noise in smaller time frame, this is not a 100% working system but you can make money in trending market buy with proper risk management and discipline.
I have include multiple indicator in the one , The main benefit of this all in one indicator is that you can use all of the indicator one by one by turning of all other in one click so your chart looks clean and you can see the candles. And if you have FREE plan in Trading view where you can use only 3 indicators but with this you can use more than 3 in single chart, included indicator are Moving averages and ichimoku kinko hyo.
USE OF INDICATORS
1)7/30 Moving averages
This is default indicator with 7/30 MA and background ploting (you can remove background color) when you add POPAT TREND ANALYZER
2) 50/200 cross trend arrows at top n bottom
If you enable this check you will see black and red circles on the top and bottom of your chart, where BLACK CIRCLE at bottom indicate bullish crossover between 50/200 in pertucaler time frames and RED CIRCLE at the top indicate bearish 50/200 crossover, and you can on off it by one click, with this you can easily see the current trend or crossover of 50/200 MA without add both MAs.
3) Ichimoku T & K On/Off
Enable this if you want to add only Tenkan and kijun, many TA experts only use T&K crossover to determine their next trade. For more information about ichimoku you can search on the internet.
4) Ichimoku Cloud On/Off
If you enable this you can add only kumo cloud which is combination of senkou A & senkou B and ploting it in the future. Many people want to use kumo cloud without Tenkan and kijun and want to use the favorites Moving averages with it, they will defiantly love it.
4) SMA 50/100/200 On/Off
Here I have added 3 big Moving averages which is 50,100 and 200, in the FREE plan of trading view you can only 3 indicators and you have to remove one for add another one but now you can easily add it by single check to see the big trend quickly and hide it easily.
If you have any question or suggestions you can comment below.
Happy Trading.
