Average
Multiple Moving AveragesThis is really simple. But useful for me as I don't have a paid account. No-pro users can only use 3 indicators at once and because I rely heavily on simple moving averages it can be a real pain.
This one indicator features:
20 MA
50 MA
100 MA
200 MA
which I find are the most useful overall. The 20 and 50 over all time frame but in particular < 1 day, the 100 and 200 at > 4 hr time frames. In general I don't use the 100 MA that much. The daily 200 MA is a critical support for many assets like stocks and cryptos. I'm by no means a pro and if you are learning I recommend becoming familiar with moving averages right at the beginning.
If you want to deactivate some of the lines, you can do it via the indicator's settings icon.
BTC World Price: Multi-Exchange VWAPBTC World Price: Multi-Exchange VWAP
__________________________
WHAT IT DOES
What you see above are not Bitmex candles, but this indicator's.
Bitcoin is listed on multiple exchanges. Many people have called for a single global index that would quote BTC price and volume across all exchanges: this script is such a virtual aggregate (formerly: Multi-Listed , Volume-Weighted Average Price ).
It will, independently for each tick, for any time-frame:
- Quote the price (O, H, L, C) and volume from Bitfinex (USD), Binance (USDT), bitFlyer (Yen), Bithumb (S. Korean Won), Coinbase (USD), Kraken (EUR) and even Bitmex (USD Contracts).
- Weight each price with the corresponding volume of the exchange.
- Quote the FOREX conversion rate in USD for each currency (USDJPY etc.)
- Finally return global average price (candles) in USD.
- Additionally provide (H+L)/2 etc. values.
No more "on Coinbase this" or "on Bitstamp that", you've now got a global overview!
See CoinMarketCap: Markets for reference. I've included alternative exchanges in the comments at the top of the script.
__________________________
HOW TO USE IT
Basically just add it to your chart and use the indicator's candles instead of the chart's main ticker.
By default, BTC World Price will display candles only, but you can also display OHLC & averages (in whichever style you want).
You may indeed want to hide the main symbol (top-left corner, click the 'eye' button next to its name), or switch it to something else than candles/bars (e.g. line).
Make sure "Scale Price Chart Only" is disabled if you want to use the auto-zoom feature. (if other indicators are messing your zoom, you can try to select "Line with Breaks" or "Area with Breaks" to allow these to overflow from the main window)
By clicking the triangle next to the indicator's name, you can select "Visual Order" (e.g "Bring to Front").
You can select regular Candles or Heikin-Ashi in Options.
In the Format > Inputs tab, you can select which exchanges to quote. By default, all of them are enabled.
The script also exposes the following typical values to the backend, which you can use as Price Source for other indicators: (e.g. MA, RSI, in their "Format > Input" tab)
Open Price (grey)
High Price (green)
Low Price (red)
Close Price (white)
(H + L)/2 (light blue)
(H + L + C)/3 (blue)
(O + H + L + C)/4 (purple)
They are all hidden by default (by means of maximum transparency).
In the Format > Style tab, you can change their color, transparency and style (line, area, etc), as well as uncheck Candles and Wicks to hide these.
If you are using "Indicator Last Value" and want to clear the clutter from all these values, simply uncheck them in Style. They will still be available as Price Source for other indicators.
You can also choose to scale it to the left, right (default) or "screen" (no scaling).
Once you're satisfied with your Style, you may click "Default"> "Save as default" in the botton-left. Everytime you load the indicator, it will look the same. ("Reset Settings" will reset to the script's defaults)
__________________________
Please leave feedback below in comments or pm me directly for bugs and suggestions.
Quad EMAAllow multiple moving averages to be displayed without needing to use up multiple charting indicators individually
yellow(Ema8),fuchsia(Ema13),green(Ema21),aqua(Ema55)
Triple MASuper simple.
Three simple moving averages all in a single indicator for your convenience.
Default values:
MA 1 - 20
MA 2 - 50
MA 3 - 100
If you like this or any of my other scripts - please consider chucking some BTC my way ;) 1LbFxAYJSVPxirT8eW31QHaGbySHyPYgMq
VolumeThis is an OBV (On Balance Volume) with two different moving averages on it plus a bollinger band set to OBV to find the squeeze and expansion points on OBV. As you many know, OBV is one of those indicators that can show you the volume and not only that but also the direction that volume is going.
Always show daily EMAThis script will always plot the daily EMA regardless of which timeframe you are on.
All of BTC (Average BTC price)A script to give average price across multiple exchanges(for now only USD) v1(Bitstamp,Bitfinex,Coinbase) and plot as candles that can be adjusted to current currency (via exchange rate)
please comment if you want your exchange added and what foreign exchanges should be averaged first(japan?,china??,korea??!!,mexico???!!)
Whats in future versions?
Add Look at volume to give weight to average function
auto exchange rates?
strategy!!??
pretty colors?
please drop any suggestions below
//insert donation info//
if i helped you in anyway feel free to donate to=
BTC: 37e8WqB9hmDwZN9jJDp2yj5B32CqrEzvjw
ETH: 0x45c5e69028924772bf15092236f33c1e07cee97c
LTC: MJVNYkW4NGubZACaX3wNJcVJjJS7Yr6Hok
As im in the amazing contry know as mexico and use the very valuable MXN it takes very little to help alot
//end shameless donation info//
and for those of you wondering yes i have inverted the colors of the candles intentionally... you can edit them from the script settings
DayMidPointDayMidPoint - Plot the moving average of the Daily price midpoint for short periods of time (i.e. 3 day or 5 day). Great for detecting the short term daily trend direction to determine a SHORT or LONG position building in a stock. Use with DayHigh and DayLow indicators. for nice price channels on a chart.
DayHigh - Plot the Moving Average of the Daily HighPlot the Moving Average of the Daily High for short periods of time (i.e 3 day or 5 day). Great for detecting when a stocks SELL pressure is running out and time to switch to a BUY strategy. Use in the DayHIGH indicator for nice price channels on a chart.
DayLow - Chart the Moving Average of the DAILY LOW PriceThis is a moving average of the Daily LOW Price over a short period of time (i.e. 3 day low moving average, etc...) Great for tracking trailing stops for a stock on an up swing.
Viperz Super EMA Mix v2.0Hello friends,
Welcome to Viperz Super EMA Mix v2.0!!!
v2.0: Added TEMA source as an input, so the default value can be changed. I also Added a full description of Viperz Super EMA Mix below.
I have created a multi-layered Exponential Moving Average chart indicator, called Viperz Super EMA Mix. This is used to measure momentum of market trends. I had Bitcoin/Crypto trading in mind while creating it. Here is a breakdown of the different moving averages included, their default values and the reasoning behind why they were chosen.
First, we have the most reactive EMA, which is a Triple EMA, or TEMA. The TEMA smooths price fluctuations and filters out more volatility than a traditional EMA. Therefore, I have chosen that as the green line which will be nearest to the current price. I used TEMA here, so it will help filter out some of the noise on the most reactive EMA on this indicator. I have chosen 7 as the default for length, since that is a week. I chose the color green because I am using a stop light theme to make it easy for myself, and hopefully, for others to remember. All you have to remember for color order is Green > Yellow > Red. If the green is above yellow and yellow is above red lines, then current trend is bullish.
Secondly, we have the next most reactive EMA, which is a Double EMA, or DEMA. The DEMA is a fast-acting moving average that is more responsive to market changes than a traditional moving average. The TEMA and DEMA will react with each other the most on the charts, since their default values are nearest each other and use smaller lengths. I chose them to be the first 2 EMAs, in a "reverse order", so that the noise filtering is done slightly more on the shorter EMAs with more volatility. I chose 14 as default on the DEMA, since that is 2 weeks. I choose the color yellow to stick with my stop light theme (green better then yellow better than red).
Third, we have a less reactive regular EMA, set at length 21. This represents 3 weeks and uses the color red. If green and yellow are below the red lines, then the trend is bearish.
Lastly, I included the 50 day and 200 day EMAs, because they very commonly used for Bitcoin trading. I could try to explain it, but they do a better job of explaining why 50 and 200 day EMAs are used if you check this article here: cointelegraph.com
The color chosen for the 50 day was white and 200 day was blue. This is also so it's easy for me to remember (America, red, white and blue). Here is the full color scheme order: Green, Yellow, Red, White, Blue.
*** Just remember traffic lights first on smaller time frames (1 - 4 Hour time frames) and American flag for larger time frames (Daily to Weekly time frames) and you'll be recognizing the color scheme easily at a glance in no time!
If you don't agree on any of the default values I have chosen, then I have made it so you can change the length or source input values to anything you want for each moving average. You can also adjust the coloring and size of the EMA's bands.
If you find different default values that you like and you want me to make a special version for you, please send me a personal message. I appreciate the likes and follows. :)
TLDR: This should be used as a momentum indicator while market trading. The easiest way to remember how to recognize the market trend using my color scheme is to think of a stop light. Green, yellow, then red. The last are red, white and blue, like the American flag. If the order of the colors is green, yellow, red, white, blue, then the market is strongly trending bullish. It is opposite for bearish trend. Traffic lights (green/yellow/red) work the best on smaller time frames (Hourlys) and American flag (red/white/blue) for larger time frames (daily-weekly). All default input values and sources can be changed for each EMA.
Thank you, enjoy!
BTC Price Spread - Coinbase & Futs - Premiums & DiscountsThis indicator takes the price of Bitcoin on Coinbase and the futures price on Mex, and compares it the average price of Bitcoin across other major exchanges.
This essentials give us a spread at which Bitcoin is going for.
In turn, this could be a possible tool to help determine market sentiment.
This indicator was created for experimental purposes.
Use at your own digression.
3SMAThis script plots three Simple Moving Averages instead of just one.
Support me going through grad school!
www.linkedin.com
BTC tip jar: 1Mv1s7nLaTsRoLai5WXEGg8doisXuiPUXy
ETH tip jar: 0x6113DDD23D0D5aCad3d1f8640A8A571E9Cb86cB8
LTC tip jar: LYvyoqTSWxa22TQw3E7818xy4AfYNi6xcm
BCH tip jar: 1GC7oZ7MhLkamKCDdZFnUfV21SKWq84VdY
Multidema - Multiple Double EMA
Finally a multiDEMA indicator!
You can set up to 4 Double exponential moving average at the same time with one indicator
I use it as a reference to see on what DEMA the price is reacting
Code is protected but the use is FREE for anyone!
ENJOY!
Currency StrengthRepublished: The original script violated house rules by including an external link to Backtest Rookies.
Background
The currency strength indicator takes up to 4 forex pairs and calculates the average strength across all pairs. The indicator uses the pair's daily percentage change to calculate the overall strength. For flexibility, it can accept any instrument as an input. This means you can use multiple instances to track various currency strengths. It was designed with the major pairs in mind but there is no reason why it cannot be used for other FX pairs.
Note: The indicator defaults to GBP. When setting it up for other currencies, be sure to flag whether the currency is a counter currency or not.
The code is provided free and open source. Please modify it as you see fit.
Screenshots
Defaults with Annotation
Yen strength beating pound strength
Opposing Trends