Just simple usage of box.new and box.set_* methods in PineScript. Absolutely useless made for fun and self study.
As we can discover by studying the history of BTCUSD, the fall is always swift. Confirmation of this - today's collapse. In this strategy, an attempt is made to catch such drop by using quick entry and quick exit. Let's describe what this strategy consists of: • TEMA (you can find this strategy separately on this page or on platform) • VWMACD • HMA •...
I'm sharing this little script allowing you to display a breakeven rectangle for the move contract after manually writing your parameters (strike price, contract price). In case you are long your breakeven (at expiration) is when the price expire outside the rectangle. In case you are short your breakeven (again at expiration) is when the price is staying inside...
This indicator is a functional enhancement to John Bollinger's Bollinger Bands. I've used Volume to adapt dynamic length which is used in basis (middle line) of Bollinger Bands and Simple Moving Average is replaced with Adaptive Ehlers Deviation Scaled Moving Average ( AEDSMA ). BOLLINGER BANDS BASIC USAGE AND LIMITATIONS Bollinger bands are popular among...
Volatility is a statistical measure of the dispersion of returns for market index. In most cases, the higher the volatility, the higher the risk. Volatility is often measured as either the standard deviation or variance between returns from market index. This indicator helps you identify the direction of the trend by calculating the standard deviation of the movement.
Simple way how to use Linear Regression for trading. What we use: • Linear Regression • HMA as a trend filter Logic: Firstly we make simple linear regression moving. It is the white line which appears on the chart. Then we make second line (named: band2) on the chart by multiplying linreg and value difference. The third step is to ad HMA as a trend filter. The...
Value-at-Risk is a risk measurement tool widely used by banks and institutions. This script uses historical simulation method for the calculation of VaR. The default settings are 250-days period. 1 percentile (or 99 percentile confidence level.) This means the daily loss for the past 250 days should not exceed the risk measure 99% of the time. traders can...
Liquidity, Information and Market Timing * Market Liquidity The term liquidity can refer to many things in finance. In this article, we will limit the scope of discussion to the market’s ability to transact without incurring a significant increase in volatility. As we know, liquidity and volatility have an inversed relationship — the more ample the liquidity,...
This is a simple cross under/over script, if the close is lower than the lower band SELL, if it has crossed above buy/close short the script is equipped with a 55 SMA signal filter for less noise, you can customize the lengths based on the pair and time frame, i would recommend using higher lengths on lower timeframes and lower length on higher time frames,...
While coding some filters into another indicator for Long/Short I noticed that ta.nearest.percentile might be the most useful tool in pinescript I've ever encountered. While percentile_nearest can be used for all kind of things I decided to code moving averages from it and made bands for bottom percentage and top percentage. The indicator will calculate the top %...
Hello, This is the Witcher Bot This bot is got best performance at BTCUSDTPERP BINANCE FUTURES this is bot for leverage 1x, I tried focusing at highest % profitable trades, bot could be optimalised to even higher profit net. TP: 1.1 SL: 8.2 Stop-loss unfortunelly have to be high to avoid bear/bull traps The core of this strategy is trend strenght ( MONEY...
Hi everyone, I'm sharing a simple script I made for a friend. He was looking for a way to add another asset to his chart, and monitor relevant movements \ spot eventual correlation, especially when trading Cryptocurrencies. We couldn't find a similar script already available so here it is - the code is commented and I hope it's clear enough :) Notes: - The...
This indicator aims to compare between two charts if trader isn't sure which one is more active and powerful, it does NOT show entries or help your chart analysis directly. The main features of this indicator is to show vitality and range of any given chart. Volatility: it calculates the average profit of every swing in the range and the final result will be...
Shows procented drowdown levels from maximum price U can set 3 area levels. By default its 25%, 50%, 75%
Logarithmic Bollinger Bands Published by Eric Thies on January 14, 2022 Summary In this script I have taken the standard Bollinger band pinescript and made efforts to eliminate the behavior experienced in periods of high volatility in which we see the bands disappear completely off the chart by adding exponential plotting and logarithmic sourcing to the...
It is an indicator that simultaneously displays the Bollinger Bands (BB) and Keltner Channel (KC) calculated for the log scale. * If you need the normal scale version, please turn off the log mode in the settings. I think the usage is the same as normal BB and KC. From here, it ’s an original way of thinking. I thought about countermeasures for the phenomenon...
This indicator is based on the margin requirements of the CME exchange. Zones act as support and resistance levels, which are more likely to have a price reaction. The recommended zones for entering a position, as well as taking profits, are zones 50 and 100. For example, you decide to open a short position on the +100 zone, in which case it is recommended to...