[BM] HTF Candle Evolution█ OVERVIEW
This script shows how a higher timeframe candle evolves over time.
It was created as a visual aid to #TheStrat and provides a new way of looking at Timeframe Continuity.
█ FEATURES
General
HTF: Higher Timeframe selection with dropdown and ability to manually input a timeframe that is not present in the dropdown.
Label: Show a label with the selected higher timeframe.
Marker: Shows a marker symbol at the start of each new higher timeframe.
Align: Aligns the candles around a selected center line.
The Strat
Multi-timeframe analysis is used extensively in #TheStrat (created by Rob Smith), so the ability to add #TheStrat coloring has been made available.
Scenario: Define the colors for the strat scenario's.
Coloring of: Choose which part of the candles you want the selected strat scenario colors to be applied to.
Band: Display a band that shows the active strat scenario color of the selected higher timeframe.
All features are completely customizable.
Multi
Multi-Timeframe Simple TrendSimple Trend State Indicator inspired by @TaPlot's Price Time Frame Continuity indicator. Indicator works well on any Chart Timeframe although some aliasing of the State Response should be expected when comparing a State Response calculated on one Chart Timeframe to a Higher Chart Timeframe ie. comparing the State Result for 30 min from both a 1D Chart and 130 min Chart.
Current Trend State is calculated based on the Current Angle of the SMA Length "L". A Simple moving average is used as an Array Function has to be used to calculate the current MA Value for Time Frames < Chart.
Current Trend State Control is as follows:
Long Trend State = Current Angle > Min Long Angle
Bullish Trend State = Current Angle < Min Long Angle and Current Angle > Max Reversal Angle
Neutral Trend State = Current Angle < Max Reversal Angle and Current Angle > Min Reversal Angle
Bearish Trend State = Current Angle < Min Reversal Angle and Current Angle > Max Short Angle
Short Trend State = Current Angle < Max Short Angle
I use Gann Angle based State Angle definitions in my charts.
Visualization of the Trend State is controlled via the colors selected in the GUI.
Indicator output creates 6 Panels organized linearly at the Location defined via the GUI. Each panel identifies the Timeframe and Timeframe State for the Timeframes selected in the GUI.
IMPORTANT - Timeframes 4-6 MUST be < Current Chart. Timeframes 1-3 should be >= Current Chart
What does the Tool give you? It enables you to see, based on a standardized measure, the relative behavior of the underlying trends on the selected Timeframe ie . the current Asset Trend Support Structure.
So for Simple Trend Following: an identified Bullish Pulse could be Identified, and then followed to the highest Timeframe that is able to maintain that Bullish State. This is your Pivotal Timeframe. If a Bearish Pulse is identified then ride it until it grows strong enough to change the Trend State of the panel below your Pivotal Timeframe.
2TimeFrame Candles by EsIstTurnt//Not my original idea, Ive pretty much just doubled the code to have 2 Candles .All Credit goes to the creator of "Multi-Time Period Charts" as I have it saved in my library. I cant find it anymore and searching the script doesn't appear it seems so if its you let me know (and ill credit you). Why did I opt to plot 2 candles you say? 2*candles=(info)*2. 3 if we count the regular plot. Anything more than that and its too busy/blurring to really visualize trends but this was a bit of a game changer no more switching timeframes back and forth .
Everything Bitcoin [Kioseff Trading]Hello!
This script retrieves most of the available Bitcoin data published by Quandl; the script utilizes the new request.security_lower_tf() function.
Included statistics,
True price
Volume
Difficulty
My Wallet # Of Users
Average Block Size
api.blockchain size
Median Transaction Confirmation Time
Miners' Revenue
Hash Rate
Cost Per Transaction
Cost % of Transaction Volume
Estimated Transaction Volume USD
Total Output Volume
Number Of Transactions Per Block
# of Unique BTC Addresses
# of BTC Transactions Excluding Popular Addresses
Total Number of Transactions
Daily # of Transactions
Total Transaction Fees USD
Market Cap
Total BTC
Retrieved data can be plotted as line graphs; however, the data is initially split between two tables.
The image above shows how the requested Bitcoin data is displayed.
However, in the user inputs tab, you can modify how the data is displayed.
For instance, you can append the data displayed in the floating statistics box to the stagnant statistics box.
The image above exemplifies the instance.
You can hide any and all data via the user inputs tab.
In addition to data publishing, the script retrieves lower timeframe price/volume/indicator data, to which the values of the requested data are appended to center-right table.
The image above shows the script retrieving one-minute bar data.
Up arrows reflect an increase in the more recent value, relative to the immediately preceding value.
Down arrows reflect a decrease in the more recent value relative to the immediately preceding value.
The ascending minute column reflects the number of minutes/hours (ago) the displayed value occurred.
For instance, 15 minutes means the displayed value occurred 15 minutes prior to the current time (value).
Volume, price, and indicator data can be retrieved on lower timeframe charts ranging from 1 minute to 1440 minutes.
The image above shows retrieved 5-minute volume data.
Several built-in indicators are included, to which lower timeframe values can be retrieved.
The image above shows LTF VWAP data. Also distinguished are increases/decreases for sequential values.
The image above shows a dynamic regression channel. The channel terminates and resets each fiscal quarter. Previous channels remain on the chart.
Lastly, you can plot any of the requested data.
The new request.security_lower_tf() function is immensely advantageous - be sure to try it in your scripts!
EsIstTurnt's Relative Value Comparison Multi SymbolCompare the relative valuation of up to 8 tickers. By taking a shorter term moving average and dividing by a longer term moving average(optionally with an offset) we get a value that is either above or below 1. Easy to tell what is undervalued and overvalued with this setup. Useful for comparing different asset classes or sector specific securities looking for outperformers/underperformers. Overvalued and Undervalued levels marked by Red and Green background. Recommended in conjunction with other indicators of your choosing for confirmation of trend changes but this is good for getting a broader view of the market you're interested in. Multiple timeframes, sources available however you should tinker with it to find what gives you the best view for your preferred timeframe.
Scalp 1min CryptoThis scalping strategy is designed for 1min timeframe.
It uses indicators: SuperTrend 15m ( is used to filter the trade as to open only long position or short position), Wavetrend 1min, Bollinger Band 3min, Stoch 3min to find entry.
TP: optimized value : 0.5 - 1
Stoploss: You have two choice: % or when SuperTrend reverse
If you would like use scripts, please ib to me.
You are welcom!
15min ETH Binance Future Full for auto tradingThe strategy is optimized for ETHBUSDPERP or ETHUSDTPERP pairs on Binance Future. With other altcoins, you need change set up of indicators.
This is a swing strategy to follow the trend on the 15m frame, use the pullback condition in the smaller timeframe to enter the trade.
Entry long: price close above ema10 and ema30, macd(12,26,9) (tf1m) < macd(12,26,9) (tf1m) and rsi < 80 (not overbought) and parabol sar is below price
Exit long: price hit TP1, TP2, ... or touch stoploss or have entry short signal
Entry short: price close below ema10 and ema30, macd(12,26,9) (tf1m) > macd(12,26,9) (tf1m) and rsi > 20 (not oversold) and parabol sar is aboce price
Exit short: price hit TP1, TP2, ... or touch stoploss or have entry long signal
In addition, the strategy also has profit risk management feature: move stoploss to entry and take multiprofit, plot resistant in higher timeframe 1D, 4H for activing take profit.
If you find any helpful for your trading and need scripts, please inbox to me.
You are welcom!
[CP]Pivot Boss Multi Timeframe CPR Inception with MACD and EMAINTRODUCTION:
This indicator combines multi-timeframe CPR bands with MACD Momentum and EMA trend, all projected on the candlestick chart through a novel visualization.
If you have seen my other indicators on TradingView, you would know that I use floor pivots a lot and “Secrets of a Pivot Boss” is my favorite book. While using floor pivots, time and again I have noticed an interesting price behavior,
Trending moves in price typically start from around the Central Pivot Range (CPR). The CPR could be from ANY timeframe. These moves can easily be caught using simple momentum and trend indicators like MACD and EMA crossovers.
Yes, it is that simple. Follow along to understand how to use this indicator.
INDICATOR SETTINGS:
RANGEBOUND MACD AND EMA MARKINGS:
TradingView limits the max number of labels that can be shown on a chart to 500. Therefore, if you go far back enough, you won't see any markings for the MACD or EMA setups. If you are looking to test the efficacy of this indicator in the past, change the start and end dates to your desired timeframe and then select the ‘Mark MACD and EMA Setups in Range?’ option.
MULTI TIMEFRAME CENTRAL PIVOT RANGE:
Here you can select CPRs and their bands from which timeframes are shown on the chart. I will share my favorite settings later in this description.
CPR CONFIGURATION:
Show CPR Labels: CPRs markings can carry labels, so that you don’t confuse between which line is what. Use this setting to toggle them On/Off.
Show Next Time Period Pivots: Check this option if you want to see the CPR of the next time period. This is typically done to figure out the ’Two Day CPR Relationship’ . Read the book, “Secrets of a Pivot Boss”, to understand more.
EMA TREND:
Show EMA on the Chart: EMAs will be plotted on the chart. Standard stuff.
Mark EMA Crossovers on Chart: EMA crossovers will be marked on the chart in diamond shapes. If you are using EMA crossovers, I recommend setting this option to True.
Rest of the EMA settings are fairly obvious.
MACD MOMENTUM:
Projecting MACD parameters directly on the candlesticks is surely going to give you a new perspective about price action and MACD.
Also, in order to better understand the MACD projections on the chart, you can add a standard MACD indicator on the chart with default settings to figure out what my indicator is actually showing you.
Marking MACD Crossovers on Chart: Marks the MACD signal crossovers on the chart. This visualization was a game changer for me.
Show MACD Histogram on Chart: Projects the complete MACD Histogram in a novel fashion (Try it!). You will be able to visually see the ebbs and flow of momentum in the charts.
Mark MACD Histogram Peaks on Chart: Marks only the MACD peaks instead of the complete histogram. Peaks are a great way to enter an ongoing trend and to play an intraday rangebound market.
Rest of the settings are just the standard settings that you will find in a typical MACD indicator.
ALERTS:
Not shown in the settings panel, but I have added alerts for EMA and MACD Crossovers so that you don’t have to sit in front of the charts or constantly check the price all day long.
If you don’t know how to set alerts in TradingView, then please Google it.
INDICATOR USAGE EXAMPLES:
This indicator can be used in intraday as well as in higher timeframes.
There are quite a few variations possible, I personally prefer to use the EMA crossovers in intraday (5m) and MACD on Daily timeframes.
This is just a matter of personal preference, some people might prefer using EMAs only or MACD only in all timeframes.
Here are my personal settings for the intraday 5-minute timeframe:
Turn on all the CPR pivots starting from Yearly all the way to Daily. You can turn on 6 hourly and 4 hourly as well if you want.
Hourly CPR is mostly used when the price is in a strong trend and you missed the entry and don’t know when to enter. Price will typically experience pullbacks towards the Hourly CPR, before resuming in the direction of the trend. That is your chance to hop onto the bandwagon.
For Intraday, I keep the Bands off. Just a personal preference here.
You can turn ON the Show CPR Labels , if you want.
Turn ON both the options in the EMA TREND section. You would want to see the EMA crossovers marked on the chart as well as the EMAs themselves, as the distance between the two EMAs will give you an idea about the strength of the trend.
Keep rest of the settings in the EMA section as default (you can change the colors if you wish). I keep the same EMAs as the ones kept in the MACD indicator. I like to keep things simple.
In the MACD MOMENTUM section, turn ON Mark MACD Histogram Peaks on Chart and all the other options turned OFF. Leave the other settings as default. By the way, these are the default settings of the standard MACD Indicator.
You can set up EMA Bullcross and Bearcross alarms if you like.
Before checking out the examples, remember one super simple rule:
SOME OF THE BEST TRENDING MOVES IN THE MARKET, BE IT INTRADAY OR OTHERWISE, ORIGINATE IN THE VICINITY OF A LARGER TIMEFRAME PIVOT/CPR.
Look for price settling above/below a pivot, and then a move away from the pivot in any direction is typically a trending move.
You can use hourly pivots or MACD Histogram peaks marked on the chart to enter an existing trend, or add to your positions.
Let’s have a look at a few recent intraday examples from the Crypto, Indian, and US equity markets.
I have added my comments in the charts to make you easily understand what is going on.
Understand that both, moving average crossover and MACD, will give out a lot of signals (chop) every day. But almost 70% of them are going to be fake signals. It is the signals that you get when the price is near a Pivot, that tend to convert into gorgeous trending moves that last.
BTC 5m Charts
NIFTY Futures 5m Charts (good intraday trends are hard to find here, as the market is very efficient)
TSLA 5m Charts
Some important points for using this indicator in higher timeframes:
For higher timeframes, my personal preference is to go with the MACD indicator. I personally find MACD to be lethal on daily and weekly timeframes, if you know how to use it well.
The default settings of the indicator are the settings I use for both, Daily and Weekly, timeframes. Additionally, I turn off the CPR labels.
In theory large trending moves still have a big probability to start near an important pivot level, however, in larger timeframes, trending moves can start from anywhere. They need not start in the vicinity of any important pivot (but they often do!).
Weekly pivots can act as great pullback levels when the price is in strong momentum, when trading on the daily timeframe.
Quarterly Pivots act as great pullback levels when the price is in strong momentum, when trading on the weekly timeframe.
BTC Weekly Chart
BTC Daily Chart
Nifty Weekly Chart
Nifty Daily Chart
NASDAQ Weekly Chart
NASDAQ Daily Chart
FINAL WORDS:
Please understand that I have Cherry Picked the examples to showcase the capability of the indicator and its usage.
DO NOT conflate the accuracy of examples with the accuracy of this indicator.
Biggest catch is the fact that this indicator, like every other indicator out there, will have whipsaws. Some I have also marked in the example charts.
You need to come up with your own technique to avoid whipsaws, one technique I have shared here…… big moves typically start near pivots.
Work on avoiding whipsaws and finding you own edge in the markets.
If you really want to learn how to use Pivots, read the book ’Secrets of a Pivot Boss’ . This book can change your life.
MTF Triple Kagi Indicator v1.0Introduction
The indicator attempts to implement three (3) time-based, multi-timeframe, non-repainting Kagi lines as an overlay to your chart and applying a trend bullish/bearish trend strength evaluation based on the position of the Kagi close prices between the Fast Kagi and Slow Kagi.
How is it original and useful?
This indicator is unique in that it combines a Fast and Slow Kagi timeframes and applies the following trend analysis to determine bullish/bearish strength:
Strong Bullish = when both Fast and Slow Kagi are below the current price and Slow is less than or equal to Fast Kagi.
Moderate Bullish = when both Fast and Slow Kagi are below the current price and Slow is greater than Fast Kagi.
Neutral = when current price is between the Fast and Slow Kagi.
Moderate Bearish = when both Fast and Slow Kagi are above the current price and Slow is less than Fast Kagi.
Strong Bearish = when both Fast and Slow Kagi are above the current price and Slow greater than or equal to Fast Kagi.
In addition, the indicator adds a Trigger Kagi that you can optionally use as a faster Kagi to see more confirmation of trend within the Fast/Slow Kagi combination. It is not used in the bullish/bearish comparison analysis but is simply informative in confirming the trend with a smaller timeframe than the Fast Kagi.
How does it compare to other scripts in the Public Library?
This indicator makes use of the security() function and applies the best-practices as provided by the PineCoders' script called `security()` revisited so that the indicator will not repaint when you refresh the chart or re-open it at a later date. In addition, at the time of initial publishing, this indicator is the only publicly available indicator that combines multiple time-based Kagi lines to offer a simple trend analysis status for short-term or long-term traders.
What does it do and how does it do it?
When applied to the chart for the first time, the default settings will work to produce Kagi lines from the beginning of the chart history up to the real-time bar. All three Kagi lines will default to the current chart's timeframe, therefore it is expected that you open the settings and adjust the Fast and Slow Kagi settings to provide the full effects of the indicator's features. The example chart above is using a 1-Hour chart with a Fast Kagi of 1 day (ATR(6)), a Slow Kagi of 1-Week (ATR(6)) and a Trigger Kagi of 6-Hours (ATR(14)). These settings are not universal for all markets; thus, it will require trial and error adjustments to tune the indicator to the specific market you are evaluating.
Lastly, the example chart above is illustrating how this indicator could be used with the 3Commas DCA Bot Strategy to provide entry and exit signals to simulate a bot's performance using the powerful Strategy Tester within TradingView to further evaluate the indicators influence on hypothetical trading conditions. The indicator provides a plot data point called "Kagi Bullish/Bearish Signal" that can be used in other chart strategies as a signal provider. The following is the meaning of the numeric signal value for this data point:
Strong Bullish = 2
Moderate Bullish = 1
Neutral = 0
Moderate Bearish = -1
Strong Bearish = -2
Enjoy! 😊👍
Pivot Points High Low Multi Time FrameHello All,
There are built-in and published Pivot Point High Low indicators in Public Library but as far as I see none of them is for Higher Time frames. so I decided to write & publish this script. I hope it would be useful while trading or developing your own scripts. I also did this to use in one of my future projects (we will see it in a few weeks/months ;) ).
I tried to make all settings optional, so you can play with them as you wish.
P.S. There is no control mechanism if the chart time frame is lower than the time frame in the options. So you better set higher time frame in the options than the chart time frame.
Enjoy!
MTF RSI & STOCH Strategy by kziThis script is a teaml job with Indicator-Johns.
First he used my script, then i transform his code.
The origine:
The first transformation:
www.tradingview.com
Funny moment together, thanks for that. :)
This sharing is an indicator where you can see the average of different time frames.
The RSI is the blue line
The Stock is the yellow line
You can manage the timeframe in the parameters.
The strategy is to take position when the two lines get overbought or oversold and close when the stoch and RSI goes to the middle.
MTF Kagi Indicator v1.0Introduction
The indicator attempts to implement a time-based, multi-timeframe, non-repainting Kagi lines as an overlay to your chart using traditional candlesticks.
How is it original and useful?
This indicator is unique in that it allows you to choose from among three different methods to define the reversal amount. They are:
ATR (Average True Range): After each Kagi line is drawn, the latest ATR value from the selected timeframe will be used until a new vertical Kagi line is drawn. At this point, the latest ATR value will be used for the reversal amount until it changes again. This means that the reversal amount will adjust as price action volatility changes.
Fixed Amount: This method will be useful if you desire to fix the reversal amount, like the normal Kagi Chart. Thus, use this option if you desire to mimic the same Kagi Chart on TradingView.
Percent of Price: This method, like the ATR, will produce the reversal amount using the latest close price against the given percentage value.
In addition, the indicator will allow you to define the Up and Down line colors and width. You can even elect to have a Kagi line drawn on the real-time bar or not.
How does it compare to other scripts in the Public Library?
This indicator makes use of the security() function and applies the best-practices as provided by the PineCoders' script called " `security()` revisited " so that the indicator will not repaint when you refresh the chart or re-open it at a later date. In addition, the indicator provides three possible alerts for Alert Conditions or Any Alert() Function Call. They are:
"Break Shoulder" - this alert will trigger (Once Per Bar) when the close price crosses above the shoulder (higher) of the previous Kagi line.
"Break Waist" - this alert will trigger (Once Per Bar) when the close price crosses below the waist (lower) of the previous Kagi line.
"New Kagi Line" - this alert will trigger (Once Per Bar) when the indicator draws a new vertical Kagi line and continues to monitor the next trend change.
When using the "Any alert() function call" option in creating alerts, the following placeholders are supported in the alert message: {{shoulder_price}}, {{waist_price}}, and {{kagi_close_price}}
What does it do and how does it do it?
When applied to the chart for the first time, the default settings will work to produce Kagi lines from the beginning of the chart history up to the real-time bar. The Kagi line width will have a width of 1 pixel and the colors will match the normal color schemes that TradingView charts have for rising and falling colors. The reversal method will default to ATR with a period length of 14 so that it can provide a visually appealing Kagi lines where the reversal amount will be adaptive for all price charts. The default timeframe will be the chart's timeframe, but it can be changed to any higher timeframe. Using a timeframe that is lower than the current chart will not disable the indicator, but the lines will not be accurate since lower timeframe prices are being grouped to fit the current timeframe.
Enjoy! 😊👍
DiNapoli Oscillator Predictor TableThis indicator displays a table containing the Oscillator Predictor Overbought (OB) and Oversold Levels (OS) from Higher Timeframes: a green background denotes a market above OB in that particular timeframe, and a red one denotes an OS market.
It allows displaying current and future Predictor values.
Only Higher Timeframes states do appear in the table. Lower Timeframes are grayed out, due to inability to get reliable results for such behaviour in current Tradingview environment.
The position of the table can be customized through the input panel.
Note: This indicator is quite demanding in terms of resources, and it might take some seconds to fully populate the table.
Heikin Multi Time Frame// How it Works \\
This script calculates the open and close prices of Heikin Ashi candles across multiple timeframes,
If the candle formed on that timeframe is green it will display in the table a green square, If the candle is red, the square will display red.
// Settings \\
You can change the colours of the plots
You can also Change any of the timeframes which the Heikin Ashi candles are being calculated on
// Use Case \\
Heikin Ashi candles are often used to give a smoother trend direction and help cancel out some of the noice/consolidation.
It can also be use as trend detection for multiple timeframes at once
/ / Suggestions \\
Happy for anyone to make any suggestions on changes which could improve the script,
// Terms \\
Feel free to use the script, If you do use the scrip please just tag me as I am interested to see how people are using it. Good Luck!
super SSL [ALZ]This script is designed and optimized for MULTI TIME
by Ali Zebardast (ALZ)
1.in part of ssl
Original Version credits to Mihkel00
Actual Version i just set alerts and change the parameters for BTCUSDT 1min Chart.
He designed for daily time. I tried to optimize 1 min time-frame .
And fix the errors with OTT
"This script has a SSL / Baseline (you can choose between the SSL or MA), a secondary SSL for continiuation trades and a third SSL for exit trades.
Alerts added for Baseline entries, SSL2 continuations, Exits.
Baseline has a Keltner Channel setting for "in zone" Gray Candles
Added "Candle Size > 1 ATR" Diamonds from my old script with the criteria of being within Baseline ATR range."
2.in part of Range
two Filter Buy and Sell for 3min
Wait For Bar close
ssl2 :Be under the candle for buy
and The bar color must confirm the order of purchase (Blue)
3.in part of OTT
when candles close over HOTT, means an UPTREND SIGNAL
and to Fuchia when candles begin closing under LOTT line to indicate a DOWNTREND SIGNAL.
FLAT ZONE is highlighted also to have the maximum concentration on sideways market conditions.
There are three quantitative parameters in this indicator:
The first parameter in the OTT indicator set by the two parameters is the period/length.
OTT lines will be much sensitive to trend movements if it is smaller.
And vice versa, will be less sensitive when it is longer.
As the period increases it will become less sensitive to little trends and price actions.
In this way, your choice of period, will be closely related to which of the sort of trends you are interested in.
The OTT percent parameter in OTT is an optimization coefficient. Just like in the period
small values are better at capturing short term fluctuations, while large values
will be more suitable for long-term trends.
The final adjustable quantitative parameter is HIGHEST and LOWEST length which is the source of calculations.
Credits go to:
SSL Hybrid www.tradingview.com
HIGH and LOW OTT : www.tradingview.com
Range Filter www.tradingview.com
DiNapoli MACD Predictor TableThis indicator displays a table containing the MACD Predictor states from Higher Timeframes: a green background denotes a bullish predictor in that particular timeframe, and a red one denotes a bearish predictor.
Only Higher Timeframes states do appear in the table. Lower Timeframes are grayed out, due to inability to get reliable results for such behaviour in current Tradingview environment.
The position of the table can be customized through the input panel.
Note: The indicator is resource hungry, and sometimes it might need some seconds to fully populate the table.
MTF Ichimoku Analysis[tanayroy]Ichimoku can state market conditions better than any indicator or group of indicators(My own perspective). Ichimoku works seamlessly in different timeframes. Analysis of Ichimoku in different timeframes can give you the bigger picture of the market.
This indicator analyzes six different timeframes with Ichimoku in depth. Default timeframes are 5M, 30M, 60M, D, W, and M. You can change the default timeframes from the setting.
As we are dealing with many relations, we can define the relationship with a simple score to get the trend strength.
Ichimoku Analysis:
Relationship of Price(P) with Ichimoku indicators: Here we are analyzing the current price and Ichimoku indicators. The position of price with respect to Ichimoku indicators states the market condition clearly.
Price(P) and Kumo(C): P > C = Bullish (↑). P < C = Bearish (↓). P <> C = consolidation or no trend(↔). Score: ±2
Price(P) and Tenkan Sen(T): P >= T = Bullish (↑). P < T = Bearish (↓). Score: ±0.5
Price(P) and Kijun Sen(K): P >= K = Bullish (↑). P < T = Bearish (↓). Score: ±0.5
Price(26 bars ago) and Chiku(L): L >= P(26) = Bullish (↑). L < P(26) = Bearish (↓). Score: ±0.5
Tenkan Sen and Kijun Sen Relation. Tenkan Sen depicts short-term trends and Kijun depicts mid-term trends. So this relationship is important for analyzing the current trend of the market.
Tenkan Sen(T) and Kijun Sen(K): T >= K = Bullish (↑). T < K = Bearish (↓). Score: ±2
Direction of Ichimoku indicators.
The direction of Ichimoku indicators helps us to understand the trend strength.
Tenkan Sen's(T) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Kijun Sen's(K) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Senkou A(A) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Senkou B(A) direction: Upward slope = Bullish (↑). Downward slope = Bearish (↓). Flat=consolidation or no trend(↔). Score: ±0.5
Cloud and other Ichimoku indicators:
Kumo or Cloud is very important in the Ichimoku system. Analyzing its relation with other indicators is important to detect the overall market condition.
Kumo(C) and Tenkan Sen(T): T >= C = Bullish (↑). T < C = Bearish (↓). T <> C = consolidation or no trend(↔). Score: ±0.5
Kumo(C) and Kijun Sen(K): K >= C = Bullish (↑). K < C = Bearish (↓). K <> C = consolidation or no trend(↔). Score: ±0.5
Kumo(C) and Chiku(L): L >= C = Bullish (↑). L < C = Bearish (↓). L <> C = consolidation or no trend(↔). Score: ±0.5
Kumo(C) Shadow: By analyzing the last 252 bars(you can change this option) we are analyzing the Kumo shadow behind the current price. If Kumo shadow is present behind the price, trend strength will be weakened. Score: ±0.5
Kumo(C) Future (Senkou A(A) and Senkou B(B)): A >= B = Bullish (↑). A < B = Bearish (↓). Score: ±0.5
Chiku(L) Analysis:
Vertical and Horizontal Chiku analysis will tell us about the possible consolidation of the price.
Chiku Vertical: if the price consolidates for the next 5 bars(You can change this option) will it run into the price. Please remember we are placing the current price 26 bars ago and we are interested to see the current price in open space for a clear trend. Score: ±0.5
Chikou Horizontal: If Chiku is in open space (Not running into the price), we want to review Chiku vertically i.e how much percentage of fall or rise of the current price can cause Chiku to run into the price.
So, the maximum trend score is ±10.5.
Ichimoku signals:
We know, that the crossover of Ichimoku indicators provides important signals. In this section, you can see all the crossover i.e when they happened (Bars ago)
Distance between price and Tenkan Sen and Kijun Sen: We know, the price come back to Tenkan/Kijun if it goes far away from Tenkan/Kijun. So it is important to note the distance between Tenkan and Price.
Please note that this indicator is not a strategy or buy/sell signal. It just shows you the picture of Ichimoku in multiple timeframes. I am working on some strategies of Ichimoku and will publish the same when my research is complete.
If you want to analyze Ichimoku in a single timeframe, please review the following indicator.
To maintain the table size you can use the shorthand notation from the setting.
Table with detailed analysis:
Table with shorthand notation:
Please comment if you want any clarification or found any bugs to report.
Dash System with RSI/MFI/Stoch MTFHere I am providing you Improved single system to get all components to take better and smarter trading decisions and improve your trading with
a) Dashboard - to gauge market sentiment across all TF.
b) VWAP – to get idea about trend and fair value of market.
c) BB – to get idea about volatility and contraction/expansion in price.
1.Gauge Sentiment across timeframe for various indicators in single dashboard.
RSI - to get the idea about relative price strength across all TFs.
MFI- gives idea whether trend is supported by volume or not across all TFs.
STOCH – IT is a range bound momentum oscillator. It is designed to display the location of the close compared to the high/low range over a user defined number of periods. You can use STOCH for Identifying overbought and oversold levels and also for identifying bull and bear set ups or signals across all TFs.
with this dashboard , you will get complete sentiment of market on your screen whether you use lower to upper TF or upper to lower TF approach. you can see market behavior and sentiment with these all in one dashboard across all TFs.
2.Dashboard better be used with MA or vwap to get trend direction and just for that this system has
a) VWAP- a technical analysis tool used to measure the average price weighted by volume . It's similar to a moving average in that when price is above VWAP , prices are rising and when price is below VWAP , prices are falling. VWAP is primarily used by technical analysts to identify market trend.
b) Bollinger Band - This is an oscillator meaning that it operates between or within a set range of numbers or parameters. the standard parameters for Bollinger Bands are a 20 day period with standard deviations 2 steps away from price above and below the SMA line. Essentially Bollinger Bands are a way to measure and visualize volatility . As volatility increases, the wider the bands become. Likewise, as volatility decreases, the gap between bands narrows.
Volatility can generally be seen as a cycle. Typically periods of time with low volatility and steady or sideways prices (known as contraction) are followed by period of expansion. Expansion is a period of time characterized by high volatility and moving prices. Periods of expansion are then generally followed by periods of contraction. It is a cycle in which traders can be better prepared to navigate by using Bollinger Bands because of the indicators ability to monitor ever changing volatility .
Read more about it on Bollinger Bands (BB).
And as a bonus added ability for BB to use SMA or EMA line as basis as per your comfort.
2. Added feature to change location of dashboard on chart, now you can place it on top left, top right, bottom left, bottom right corner of chart as per your comfort.
3. ability to hide/show for all TFs.
Now you can on/off 5min, 15 min, 30 min, 60 min, 4 hour, daily ,weekly and monthly TF column if you do not use it. you can keep and work with TFs as per your comfort and liking.
4. Added feature to hide/show indicators, MFI , Stoch , VWAP and BB Bands
Now you can on/off indicator s MFI , Stoch , VWAP and BB bands if you don't need them on dashboard as per your need.
Hope IT helps to take better trading decisions and improve your trading experience.
RSI/CCI/MFI/ADX/Stoch MTF DashBoardGauge Sentiment across timeframe for various indicators in single dashboard.
RSI - to get the idea about relative price strength across all TFs.
CCI /ADX- to get idea about power and strength in trend across all TFs.
MFI- gives idea whether trend is supported by volume or not across all TFs.
with this dashboard , you will get complete sentiment of market on your screen whether you use lower to upper TF or upper to lower TF approach. you can see market behavior and sentiment with these all in one dashboard across all TFs.
Better use this with MA or vwap to get trend direction.
Added feature to change location of dashboard on chart, now you can place it on top left, top right, bottom left, bottom right corner of chart as per your comfort.
2. Added ability to hide/show for all TFs.
Now you can on/off , 5min, 15 min, 30 min, 60 min, 4 hour, daily ,weekly and monthly TF column if you do not use it. you can keep and work with TFs as per your comfort and liking.
3. Added feature to hide/show indicators, MFI, CCI, ADX.
Now you can on/off indicator s MFI, CCI and ADX if you don't need them on dashboard as per your need.
Made dashboard cell width and height auto adjusted, so that it values can be visible fully on TV app on mobile too.
Hope it provides a better visual experience to read data on dashboard.
4. Added Stochastic as indicator to dashboard. STOCH is a range bound momentum oscillator. It is designed to display the location of the close compared to the high/low range over a user defined number of periods. You can use STOCH for Identifying overbought and oversold levels and also for identifying bull and bear set ups or signals across all TFs.
Hope IT helps to take better trading decisions.
SuperJump QQE MOD MTFThis is a QQE MOD MTF version.
Mihkel00 modified Glaz's script, I modified Mihkel00 's script again.
This is a QQE Mod original version by Mihkel00 :
I simply changed the above script to update pine script 5.0 and extracted two functions.
Thank you to the two authors for sharing such a great script.
Multi Timeframe Moving AveragesI made this script to keep an eye on most important timeframes (1h, 4h, D, W, M)) moving averages while watching another timeframe. You can select what Ma's you want to be shown for each timeframe and some options to help your analysis (show history, show prices on mouse over label, etc...)
It includes 3 MA's:
- Fast (EMA)
- Middle (SMA)
- Slow (SMA)
You can configure length, source and color for each one.
Also includes a daily VWAP and an option to show the previous day close.
This script includes code from user Frien_dd-DisDev. I am very grateful to him
Thank you for interest.
Pablo.
ATR Report & Tool█ OVERVIEW
This indicator reports the historical probabilities of the price trading past its Average True Range (ATR).
█ CONCEPTS
It is common knowledge that the market is not likely to trade past 1x ATR. Is this true? How much unlikely exactly? The indicator reports the data in a table and tells you precisely how often the price made it past x times ATR.
You have identified two plausible entries at different price structures or two targets at significant projections; which one should you choose? While is it possible to reach them, is this indeed probable? The indicator complements your analysis for making sounds trading decisions.
█ FEATURES
Price Selection Tool
The indicator has a price selection tool embedded. You can select a price on the chart and it will show the distance relative to the ATR so you can easily refer to the historical probability table.
Multi-Timeframe
By default, the indicator uses the daily timeframe for analyzing how much price moves compared to its average volatility during a day. To the same extent, you can set it to any other timeframe.
Configurable ATR
• Pick your preferred smoothing between the Simple Moving Average (SMA) or the Relative Moving Average (RMA).
• Set the length for getting the average price movement. For example, you can set it to 20 for the daily ATR (20 trading days in a month), 12 for the weekly ATR (3 months), or 6 for the monthly ATR.
• Select the reference between “previous” or “current” ATR value (default set on previous).
Data Window
The indicator provides additional volatility-related values and reporting data.
Others
Automatically hides the indicator when the chart’s timeframe is higher than the indicator’s one.
█ NOTES
Calculation
The volatility is calculated from the selected period's low to high. It may use the previous close when the market gaps up/down.
Multi-Timeframe ATR Levels█ OVERVIEW
This indicator plots the upside and downside ATR levels popularized by Trader Dante.
█ CONCEPTS
Beyond a level's boundary, a market is trading over its average volatility. The indicator adds confirmation to "reversal" setups located at likely mean reversion. Oppositely, it highlights trades with an increased risk where the price is over-extended and when the market is possibly exhausted.
Inside the levels’ boundaries, a market is trading within its average range. The indicator adds confluence to your target selection. Indeed, a target set at or nearby a level is at reasonable reach for the selected period. In addition, it can improve your stop placement. Tucking your stop-loss outside the boundary of a level adds an extra assurance that your stop is beyond reach.
█ FEATURES
Multi-Timeframe
By default, the indicator sets the timeframe to the daily for tracking how much price moves compared to its average volatility during a day. To the same extent, you can set it to any other timeframe. For example, you can use the weekly or the monthly timeframe for adjusting your trading during the week or when approaching the end of the month.
Configurable ATR
• Pick your preferred smoothing between the Simple Moving Average (SMA) or the Relative Moving Average (RMA). The SMA is used in the original MT4 indicator, and the RMA is the default in TradingView.
• Set the length for getting the average price movement. For example, you can set it to 20 for the daily ATR (20 trading days in a month), 12 for the weekly ATR (3 months), or 6 for the monthly ATR. Also, you may set a shorter length when you want to emphasize the recent price volatility.
• Apply a custom multiplier on the ATR when you want to focus on a particular price movement.
• Select the reference between “previous” or “current” ATR value (default set on previous).
Customizable Labels
• Personalize what info to show in the labels located on the right side of the levels. You can compose the data for showing the price, the ATR, both the price and the ATR or none.
• On hovering a label, a smart tooltip displays the complementary data. The less info a label displays, the more its tooltip shows.
• Choose how to display the values. In addition to the labels, the indicator can display the last values on the price scale, the status line, and the data window.
Enhanced Coloring
At a glance, see which level the price is approaching with the "Cold & Warm" coloring or quickly glimpse when the price has reached or exceeded the ATR with the "Overflow" coloring.
Others
• Automatically hides levels when the chart’s timeframe is higher than the indicator’s one.
• Alerts setting.
█ NOTES
Calculation
Upper band = low* + ATR
Lower band = high* - ATR
*The previous close is used when a gap up/down occurs.
This is a PREMIUM indicator. I also have a free version of the Daily ATR Levels .
