Pivot Reversal strategy long onlyPivot Point Reversal Strategy
Pivot point reversal strategy is based on the first support level’s price action during the bullish trend and the first resistance level during the bearish trend . Traders follow the main trend and enter into the trade after reversal analyzing pivot point levels.
This version is an upgraded version, combining the initial pivot point reversal strategy together with one of the most accuracy moving average in my opinion for day trade, the Least square moving average.
At the same time I applied an option to backtest using a date range and a leverage calculator.
The default options are optimized for BTC /USDT 2H charts, using 0.1% comission fee.
If you have any questions, let me know
Trend
3x EMA fast, 3 x MA slow + BB + PsarThis is a trend system which combines multiple fast EMA + mulitple slower SMA together with bollinger band channel and PSAR.
For entry rules the ones that I use are:
Long
We are inside BB channel, psar is ascending, and our close is above all moving averages or below all EMA'S + 1 SMA
WE can exit either when our close is below all EMA's or when PSAR is descending or when we hit upper/lower BB levels
Short
We are inside BB channel, psar is descnending, and our close is below all moving averages or below all EMA's + 1 SMA
WE can exit either when our close is above all EMA's or when PSAR is ascending or when we hit upper/lower BB levels
If you have any questions, let me know
Burgerized MTF BB + Reverse Engineering RSI (RERSI) + Hidden S&RThis is a mod of a script by informanerd that has helped me immensely with my trading setup.
HUGE HUGE HUGE credit to him! Check him out! He gave me permission to publish this and so here I am, sharing it with you. I hope you all like it!
This version is functionally essentially the same - the difference is in visualization choices and automation.
Instead of selecting different timeframes, and thus having to change not one but 4 timeframes manually every time you look at a different time frame on the main chart, I found (with help from the kind community in the Pine Script chat right here on Tradingview!) a method to choose multiples so that you can have consistent results no matter what timeframe you are looking at.
Default is set to multiples of 2, 4 and 8 which is the system I found works best for myself personally.
I also changed visualization - crossovers are now highlighted in the background of the respective bands. By default I have chosen different transparency levels for crossovers then sitting inside the bands. This destroyed the ability to modify colors the old school way in Style tab, but I have added inputs for all the relative settings so you can modify the visual aspect to your hearts content, as I know my colors make most people barf (something I did when I was younger maybe?).
Hope the nice barfs of color help you quickly see trends and reversals - I know they help me! Happy trading, no matter your timeframe! xD
Vwap mtf Swing Stock StrategyThis is a trending strategy designed for stock market, especially long trending assets such as TSLA, NIO, AMAZON and so on.
Its made of volatility bands and weekly VWAP, in this case daily and weekly.
This strategy has been adapted to go long only.
Rules for entry
For long , we want to enter close of a candle is above vwap weekly, and at the same time the close of a candle cross-under the lower volatility band.
For exit , we want to enter close of a candle is below vwap weekly, and at the same time the close of a candle cross-over the upper volatility band.
This strategy does not have a risk management inside, so use it with caution.
If you have any questions, let me know !
Ichimoku + RSI Crypto trending strategyThis is a crypto trending strategy designed for big timeframes such as 3-4h+.
Its components are:
RSI
ICHIMOKU full pack
Heikin Ashi candles for logic calculation inside
Rules for entry.
For long : we have a long cross condition on ichimoku and price is above the ichimoku lines, and at the same time RSI value is > 50.
For long : we have a short cross condition on ichimoku and price is below the ichimoku lines, and at the same time RSI value is < 50.
Rules for exit
We exit whenever we receive an opposite signal of the initial entry.
SInce this strategy is using no risk management inside, I recommend to be careful with it .
If you have any questions, let me know !
3 RSI 6sma/ema ribbon crypto strategyThis is a very efficient swing trading strategy designed for crypto long timeframes like 2h+.
Initially we have 3 RSI .
AFter that we use them as source for 6 SMA/EMA for each RSI, 5, 30, 50, 70, 90, 100. With those we create a ribbon that we are going to use in order to check the direction of the trend.
Rules for entry:
For long : if either all the SMA/EMA's from the 2nd RSI are telling us to go long, or all the all SMA/EMA's from the 3rd rsi are telling us to go long F
For short : if either all the SMA/EMA's from the 2nd RSI are telling us to go short, or all the all SMA/EMA's from the 3rd rsi are telling us to go short
We exit when we get an opposite condition than the entry one.
Caution: this strategy has no risk management inside, so use it with caution. If you have any questions , let me know !
TradePro Parabolic SAR BackgroundTradePro Parabolic SAR Background
This indicator is a small tribute to youtuber TradePro
The operation is simple. It is the same Parabolic SAR indicator with its default configuration, but in background format. It is a new way to visualize the same information, more understandably. It is in itself a complete trading system, it can be used in conjunction with the traditional Parabolic SAR to locate the stop loss.
Parabolic SAR
In stock and securities market technical analysis, parabolic SAR (parabolic stop and reverse) is a method devised by J. Welles Wilder, Jr., to find potential reversals in the market price direction of traded goods such as securities or currency exchanges such as forex. It is a trend-following (lagging) indicator and may be used to set a trailing stop loss or determine entry or exit points based on prices tending to stay within a parabolic curve during a strong trend.
Similar to option theory's concept of time decay, the concept draws on the idea that "time is the enemy". Thus, unless a security can continue to generate more profits over time, it should be liquidated. The indicator generally works only in trending markets, and creates "whipsaws" during ranging or, sideways phases. Therefore, Wilder recommends first establishing the direction or change in direction of the trend through the use of parabolic SAR, and then using a different indicator such as the Average Directional Index to determine the strength of the trend.
A parabola below the price is generally bullish, while a parabola above is generally bearish. A parabola below the price may be used as support, whereas a parabola above the price may represent resistance.
Scalp ProScalp Pro is a scalping tool that uses the MACD mechanism. MACD lines are smoothed using fibonacci numbers and pi numbers. In this way, the noise on the signal is reduced. A " BUY " signal is generated when the lines cross upwards. If the lines cross down, a " SELL " signal is generated. The logic is very simple and the Indicator is very useful.
I wish you many profitable trades.
Jacky Trend ExpertThe Trend expert is a calculation of SMA and MA for a special trend formula to estimate the momentum of the daily Trend.
Basically, it is how it read:
1. Red candle is shorterm uptrend.
2. Green candle is a short-term downtrend.
3. The height of the candle is momentum price bet stronger or weaker.
4. Maroon color line is the EMA 20 days. The trend above EMA20 is stronger.
Percentage MACD Enhanced 3This MACD is calculated using percentage above or below the zero line for consistency and compatibility across different stocks and markets. The price bars are colored when MACD is above/below extreme levels and crossed in that direction. The intention is to use this setting on a longer time frame and trade only in the direction the bars are colored. This setting is also a powerful way to take profits! As usual, my scripts are public for scrutiny and to adjust for your personal needs.
Auto Fib Time Zones and Trend-Based Fib Time by DGTFibonacci time zones, based on the Fibonacci number sequence, are vertical lines that represent potential areas where a swing high, low, or reversal could occur.
Trend-Based Fib Time shows probable price corrections in an existing trend. A useful tool to use in addition to Elliot Wave counting, Fib Time helps to identify how far the wave is likely to travel
Please note, Time zones aren't concerned with price, only time
Disclaimer :
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Momentum Trading By Mahfuz AzimA following indicator is Momentum Trading that uses fast QQE crosses with Moving Averages
Use for trend direction filtering. QQE or Qualitative Quantitative Estimation is based
Relative strength index (RSI), but uses a smoothing technique as an additional transformation. Three crosses can be selected (all selected by default)
Financial Astrology Indexes ML Daily TrendDaily trend indicator based on financial astrology cycles detected with advanced machine learning techniques for some of the most important market indexes: DJI, UK100, SPX, IBC, IXIC, NI225, BANKNIFTY, NIFTY and GLD fund (not index) for Gold predictions. The daily price trend is forecasted through planets cycles (angular aspects, speed phases, declination zone), fast cycles are based on Moon, Mercury, Venus and Sun and Mid term cycles are based on Mars, Vesta and Ceres . The combination of all this cycles produce a daily price trend prediction that is encoded into a PineScript array using binary format "0 or 1" that represent sell and buy signals respectively. The indicator provides signals since 2021-01-01 to 2022-12-31, the past months signals purpose is to support backtesting of the indicator combined with other technical indicator entries like MAs, RSI or Stochastic . For future predictions besides 2022 a machine learning models re-train phase will be required.
When the signal moving average is increasing from 0 to 1 indicates an increase of buy force, when is decreasing from 1 to 0 indicates an increase in sell force, finally, when is sideways around the 0.4-0.6 area predicts a period of buy/sell forces equilibrium, traders indecision which result in a price congestion within a narrow price range.
We also have published same indicator for Crypto-Currencies research portfolio:
DISCLAIMER: This indicator is experimental and don’t provide financial or investment advice, the main purpose is to demonstrate the predictive power of financial astrology. Any allocation of funds following the documented machine learning model prediction is a high-risk endeavour and it’s the users responsibility to practice healthy risk management according to your situation.
Trend From Volume And Price (TFVAP)Indicator that indicates buying and selling times based on price and volume and who is imposed of the two (VAP).
It uses the trends of the Dow theory (primary: 365 days/1 year, secondary: 90 days/3 months and tertiary: 21 days/3 weeks) and the identification of Elliot waves, both impulse and correction, based on the Fibonacci retracements (23.61% , 38.2%, etc.).
- Purple line is the evolution in percentage of the price in the primary trend
- Blue line is the evolution in percentage of the volume in the primary trend
- White line is the evolution in percentage of the (volume % - price %) in the primary trend, if white line > 0
- Green triangleup is time of start to buy
- Green square is time of stop to buy
- Red triangledown is time of sell
To understand it better:
If the purple line goes up it indicates that the price is rising, if it goes down, that the price is down.
If the blue line is greater than 0 it indicates that there are more purchases than sales, if the blue line is less than 0 it indicates that there are more sales than purchases.
If the white line is greater than 0 there is a high volume of purchases or low sales for the price that there is, it is likely that the price will rise.
If the white line is less than 0 there is a low volume of purchases or high sales for the price that there is, it is likely that the price will go down.
PD: Ignore the chart drawings, the indicator script is only represented at the bottom
Papercuts Super Trend MTF v02All my scripts are part of a suite called Papercuts .
This one uses one current timeframe supertrend and adds Four Automatic Higher Timeframe Supertrends based on those same parameters to help you determine larger trends while only needing a single chart. This works quite well on 5 and 15 minute charts and will look up in time. Confident trends can be identified by having two or more lines in the same direction.
When unified, the intensity of the glow should increase a trends confidence. Unify collapses the 3 highest timeframe supertrends into the first higher timeframe supertrend. Without Unify on, the overall trends are usually easier to see at just a glance. Higher timeframe supertrends can show support or resistance and act as stop loss limit ranges if you choose. Unify keeps things a bit cleaner and more compact.
V02 updated to fsecurity for no repainting and added a 3MA trend option as well.
Thanks to @Pinecoders for helping me better understand the security function!
Here is a view with Unify on....
Here is a view with Unify off...
NSDT Trend CandlesThis script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the direction of the trend and exit (or reverse) when the candle color changes.
SPX Intraday Mood IndicatorThe SPX Intraday Mood Indicator tries to gauge the intraday market direction of the S&P 500 (SPX) by focusing on internal market data.
Based on the 0DTE Mood Indicator concept. Overall strength/weakness is converted into a directional Mood Percentage which can help with choosing a trade type.
Use at your own risk and discretion. Potential trade ideas offer no guarantees. Intraday Charts Only. Turn off extended hours data. Only works on SPX.
This first version is untested and I am only sharing it to gather feedback on its accuracy, use at your own risk.
Stochastic Optimized Trend Tracker *Strategy*Stochastic OTT is Anıl Özekşi's latest derived version of Optimized Trend Tracker on Stochastic Oscillator.
He tried to solve the fake signals of Stochastic Oscillator by adopting OTT on the indicator.
He advised users to set the stochastic smoothing parameters to 500 and 200 on his latest video about SOTT.
He personally uses 1 min charts on stock market so the parameters of the indicator might have to be optimized for other time frames nad markets.
He exaggerated the Stochastic to 1000's to have better signals of percent values of OTT .
Also hes used VIDYA in both calculations of OTT and Stochastic smoothing.
Said, Kıvanç Özbilgiç.
I just made a Strategy version of the script so that we lads can backtest it. The codes for that are yet again from Kıvanç Özbilgiç :) I just copy-pasted a few and did some adjustments. Hope you enjoy!
#betonyetmez
Swing LineThe author was inspired by Charles Dow's concept on trend and Gann's concept on swing trade.
Swing line can help identify resistance and support. Breaking resistance indicate an uptrend. Breaking support indicates a downtrend. This is a simple and intuitive method in trend determination.
However, many chart readers nowadays set Candlestick as preferred pattern. The shared indicator provides another choice for constructing swing lines.
sadosi trends and barrierThis indicator should be used for give ideas.
what they can do?
draw up and down trend lines
draw support and resistance lines
to inform about the current price
signal for high and low prices
how can?
By analyzing the prices in the 3 selected periods, 3 highs and 3 lows prices are marked. With the marked points, trend and resistance lines are drawn. The current price is analyzed and useful calculations displayed in the info box. Finaly adding moving averages. After all these transactions, the trend and resistances become easily visible on the chart.
You can fine-tune the angle of the trend using high and low extensions
you can catch different trend lines by changing the high and low trend points
By changing the periods, you can set position the trend lines more accurately.
When the price is too low or too high, the information box will warn you by change color.
The trend lines to be created are for the purpose of giving an idea and convenience. It can be used on all timeframes, including horizontal trends.
Volatility OscillatorThis tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range.
Can be used to identify patterns such as parallel channels and likely direction of price action as pictured below.
YesillimThe "Yesillim" indicator is a trend follower and trailing stop indicator that reacts quickly and aims to enter early in an uptrend and exit early from a downtrend. Since moving averages are used, it can be used in daytrade and scalping in daily or lower periods. The crossover and crossdown intersections of the price and the indicator line may be meaningful, but it is actually a color changing indicator and color changes should be interpreted. The bullish market gains strength when the color turns green, and the bearish market when it turns red. When prices get too far from the indicator, they are approaching again, in this case, it may be support will work like resistance according to the current trend. Like any indicator, it is possible to produce false signals in the horizontal market, so it should not be used alone, the oscillator and volume should support the current trend. In strong trend changes, angle changes in the indicator can also be interpreted manually. In this case, sharp angled turns indicate a sharp trend change. Technically customized weighted moving average weights are specially weighted with golden ratio coefficients, smoothed with a lower period for noise removal with the same principle and added bias. I wish it to be used in profitable transactions.
Turkish (Türkçe): Yeşillim indikatörü bir trend izleme ve hareketli iz süren indikatördür. Son barları agresif olarak ağırlıklandırdığı için var olan bir yükseliş trendine erken sokup, düşüş trendinden erken çıkarması olasıdır. İndikatör yorumlanırken fiyat ve indikatör kesişimleri anlamlı olsada (yükseliş düşüş trendlerinde destek-direnç görevi görebilecektir) ancak asıl amaç renk değişimi yorumlanmalıdır, yeşil yükseliş trendinin, kırmızı ise düşüş trendinin güç kazandığını göstermektedir. Her indikatör gibi yatay piyasada hatalı sonuçlar üretebilir, bu nedenle rsi, sokastik gibi bir osilatörle desteklenmesi hacimin mevcut trendi desteklemesi gerekmektedir. Kazançlı işlemlerde kullanılmasını temenni ederim.
