FX Bull_TradersStreamComplete Solution for Trading. In this Indicator
1. Oscillators = In that you will find EMA, SMA & Bollinger Band
2. Length = It's Length of EMA & SMA
3. Demand Zone = Wherever you find "DZ" Label and with that Trend and Location is in your favour than you can go Long from that zone. And another thing you can choose base Quantity Up to 6 Bases.
4. Supply Zone = Wherever you find "SZ" Label and with that Trend and Location is in your favour than you can go Short from that zone. And another thing you can choose base Quantity Up to 6 Bases.
5. Higher Time Frame = Choose this thing so, tool can know what is your Higher Time Frame accordingly this it will judge your ITF & LTF.
6. Higher Distal & Lower Distal = Please enter manually the no.'s of your Upper Distal Line & Lower Distal Line. and when changing chart don't forget to make it "0"
7. Trend @ ITF = Choose your Trend. (Please choose your Trend from your ITF (Intermediate Time Frame)Time frame, to get better results)
9. Risk As per DATR in % = Calculates as per DATR (Daily Average True Range)
10. 1st Symbol & 2nd Symbol = To have other symbol price in your chart.
11. Explosive Candle & Basing Candle = Tick to view Explosive & Boring candle in zone formations & Untick hide the indication.
Média de Amplitude de Variação (ATR)
Average True Range ChannelThe Main Idea came from "The Way of Turtle" and I'd just adjusted it.
If you have an interesting then find the book near library.
Thank you and have a nice day :)
Normailzed CandleThis indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day.
Larry Williams talks about Open being the most important price of the day. Hence, this indicator.
The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days.
Average are not perfect calculations since occurrences(of Red or Green) will vary within the time-span used for averages.
These can used to gauge likelihood of the intra-day price reversal. If the price exceeds green/red line, there is higher likelihood of the price closing above/below open.
The blue lines are average Open-to-close for Green and Red occurrences.
Be careful on days where consecutive 3rd Highest High or Lowest Low day is made and also on the next day after such day. Prices may turn direction at least for a short while.
The precursor to this script of the Candle Infopanel script. That script was just numbers in panel and this is a graphical representation. I
Some of the calculations from original script are commented here because it would make visuals clutters (and probably the left-out calculation are not critical to making trade decisions!)
SpiralSwinger V2 by SpiralmanPre-release of Spiral Swinger V2 - a trading system based on godmode oscillator.
Please don't send requests yet, as it's in testing phase now, not for public use!
Free two week trial + user manual will be available after next update release.
(15) Trade Risk Reduction VS-132TRR calculates the volatility of your stock. This is just the magnitude of each days price fluctuations, or what technicians refer to as the True Range. TRR averages the True Range (ATR) over three different time periods.
Why three? You want a sensitive indicator that reflect both the long term historical volatility of the equity as well as what that volatility is right now. Obviously the most recent trading days are the most important. The three ATR periods and their weighting factors are:
1) We use a 251 day period which equates to 1 trading year because we want to know what the historical volatility is. This one year period is not weighted.
2) We utilize a 21 day period because the most recent weeks tells us what the stock volatility has been over the previous calendar month. This is weighted by a factor of 2.
3) Finally, we utilize the last weeks data, Last 5 days, (L5D) to provide us with the stocks movement in the most recent trading days. This is weighted by a factor of 4.
The total of ATR251*(1) + ATR21*(2) + ATR5*(4) is then divided by the total of all factors (7).
This results in the Weighted Average True Range that the Trade Risk Reduction utilizes to produce the dynamic bands on your charts as well as power the Risk and Stop loss calculators. These indicate where this indicator is currently recommending you place stops. In the Format options of the application you are provided with the ability to adjust these band. Keep in mind that each stock will act in it's own unique and characteristic way. Looking closely at the stock's historical data, both in longer and shorter time periods should provide you with some insight into the normal variations and fluctuations of this particular equity. Below EBAY provides an example of this.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
Moving Average Responsive ATRThis is an experimental moving average that gets more sluggish when the volatility increases.
It has two parameters:
- Period, the period for the average true range calculation.
- Responsiveness, higher value more responsive (range: 0.001…1.0)
Candle Information Panel//This indicator shows Day's candle measurements with past averages. First column shows the candle details for the present day.
//"Open - Low", "High - Open", "Range(=High-low)", "Body(open-close)"
//Averages are calculated for occurences of Green and Red days. Up Averages are for Green days and Down Averages are for Red days.
//Average are not perfect calculations since occurences(of Red or Green) will vary within the timespan used for averages.
//This can used to guage general sense of probability of the price movement.
//e.g. if the Open to Low for a day exceeds UpAv value, then there is higher likelihood of day being Red.
//similarly, trade can be held in expectation of price reaching the DnAv and stop loss can be trailed accordingly.
//Not a perfect system. But something to work on further to increase price action understanding.
//Be careful on days where consecutive 3rd Highest High or Lowest Low day is made and also on the next day after such day. Prices may turn direction at least for a short while.
Complete Credit goes to @pinecoders who gave me the main script on tradingview chat room.
Stop ATRStop based on price volatitlty.
It uses ATR indicator multiplied by a factor as a reference for protective stop.
BlackPika XBTUSD AlgoIntroducing the Blackpika Algo for XBTUSD and other pairs on crypto for smaller timeframes (< 1H).
Ideally, it is to be used on XBTUSD bitmex on 5m/15m/30m Interval.
Sensitivity adjustement is available to the user to fine tune on each timeframe and pair.
The script's basic foundation is on ATR, volatility, RSI, StochRSI, Donchian channels.
No repaint. Alerts available for all signals including take profit signals.
Trailing ATR StopsThis script plots a trailing stop of the ATR multiplied by a user-defined number. Since it is meant to be used as a trailing stop, the value doesn't fluctuate with the price as a normal ATR indicator does, but stays fixed unless price moves away from it. In that case it follows the price. If price crosses the stop level, it resets itself based on current price and starts trailing all over again.
User Settings:
Support - Use for a trailing stop while long
Resistance - Use for a trailing stop while short
Both - Acts like a channel and can spot periods of lower volatility
RJT - Trading ZonesThis is the Visual Indicator component of my Trading Zones System; other indicators are the Trade Visualiser and Trader Placer.
This indicator is based around a convergence and divergence of moving averages. As the signal line moves into the yellow "zone" from below a long position is opened. This position is closed and reversed when either the upper or lower boundary is crossed downwards by the signal line. This is all reversed for short trades.
The channel is created by adding a factor of previous values, from a configurable period, to an exponential moving average of the signal line.
Best used on the Daily timeframe of any Forex or Commodity market, but is successful on all timeframes.
Go Long when background turns from Red to Green.
Go Short when background changes from Green to Red.
Signal Smoothing = Length of signal period
Signal Look back period = Period of look back for highest value (when long, lowest value when short) to create channel width
Channel multiple= Multiple of highest value to be added to EMA of Signal to create zone (larger number = wider zone)
ATR with EMAATR is a very powerful indicator to understand volatility in market, using along with EMA gives you fair idea with is volatility is moving high and low.
ATR Position Sizing by Solah AzmanThe indicator generates position sizing based on ATR value, the idea is to minimize position size during a period of high volatility. If you have a high-risk tolerance you can change the trading style to "High Volatility Entry".
Opening Range Breakout LinesDisclaimer: Use proper risk management and remember that all trading involves risk.
Based on RicardoSantos' "Open Session Breakout Trader Strategy"
I turned it into a study and tweaked it for trading Silver
My goal when creating this was to help visualize breakout lines for multiple trading days at the same time without having to always draw them in.
VWAP ATR mean reeeeeeeeeeMean reversion strategy which lets you set a VWAP length, ATR length - then creates signal when distance closing price from VWAP is greater than ATR x a multiplier which you set
Risk Calculator_Traders StreamHello Guys here we introducing another important tool, in that you can calculate how much Risk you want to take for that trade and what is the wiggle room for Stop Loss from your Distal line. Not only that now you can get how much qty you have to buy as per risk calculation. Please comment below for any information.......
Stop Loss_Traders StreamHello Guys we created another tool to calculate your Risk / Stop Loss per Trade. This will automatically calculates the DATR and as per your Risk Input it will calculate and show Stop Loss Price and even it will draw a Red coloured Horizontal line for your reference. Before changing stock don't forget to make Zero @ "Distal Line of DZ / SZ". Please post if any recommendations.........
Average Daily Range Label by Theoris (ADR)This indy show Label of
* Last price
* Range of Low - High ( from Average daily range calculation )
* ADR (14 ) default period 14
* value of current range ( pip ) / Average daily range.
Example
now price is
1499.4
( 1486.959 - 1510.841 ) --- > This is range calculate from ADR for normal range.
ADR(14)
58/148.41
meaning use ADR period 14
today run 58 pips
from average 14 period is 148.41 pips
can change period to other normally I use 10 or 14
Timeframe to use default is Daily
[LunaOwl] 超級趨勢 (SuperTrend)SuperTrend indicator was developed by Olivier Seban. it shows trend direction. In addition,it provides buy/sell signal. while using super trend indicator, it is better to put stop loss. In fact, you can use the line for stop loss. In addition, you can also trail it as the price move in either direction. wish you a happy trade life.
超級趨勢是奧利維爾．塞班所開發。它可以顯示趨勢和買賣訊號，使用超級趨勢請設置止損單。其實你可以用移動止損線設置。也能價格波動的時候進行追蹤。祝大家交易愉快。
The purpose of publishing Chinese Scripts is to make Pine close to more Chinese user.
發布中文腳本的目的，是希望可以讓 Pine 親近更多中文圈的使用者。
UT Bot No scammers allowed. I protect CT
This dude on Twitter @TradingScript(UT Bot) tried to take this free script and sell it.
All the inputs he put in are there to make it look complex and don't actually do anything.
The only thing that changes is "Key Value". This is the ATR multiplier and in basic terms determines the sensitivity on the indicator. The original setting by HPotter is 3.5 multiplier (key vaule) and an ATR period of 5.
So yeah I recreated the script.
**If you compare this to that scammers script 95% of the signals are the same, I don't know the exact setting he used..
**HPotter is a Legend
Range Force Impulse The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance.
The indicator consists of the following:
Direction - True Range and Average True Range columns shown above and below 0 depending on direction of the period's price
-- TR (gray) shows the current period's trading volatility
-- ATR (Impulse colors, see below) shows an EMA of TR over a specified length
-- Can be used to determine stops and targets (Example: Stop loss at prev close - ATR, Target at 2x ATR)
Index - Alexander Elder's EMA of (change(close) * volume), shows crosses above 0 (green) and below 0 (red), and intermediate signals
-- Shows bull vs. bear interest/commitment/dominance
-- Elder recommends EMA length of 2 for daily chart buy/sell signals, and 13 for weekly chart bull/bear dominance & trend direction signals
-- Intermediate signals are shown above 0 when falling (salmon), or below 0 when rising (pale yellow)
System - Range columns are colored using Alexander Elder's censorship system (green: do not short, red: do not long, blue: is up to you)
-- Shows overall trend health (Macd histogram and EMA up/down changes)
Profit/Loss HelperHi guys, just a quick little indicator based on the ATR to help you set some profit and stop targets. This is NOT financial advice, just a simple indicator that will attempt to another indicator to consult when placing those stop and profit orders.
The indicator will give you the an average stop loss target based on a 2:1 risk reward ratio based on the current timeframe . The first profit target adheres to the 2:1 ratio and should be respected in sideways markets. The following two TPs will give you an indication of what more probable targets will be if you think that the asset is poised to move further.
Further to help with your analysis, the indicator will provide you 4 metrics from different timeframes also based on the ATR and the most probable size of the moves we may see in price. Again this is purely based on the ATR and nothing fancy so take it with a grain of salt and may it help you bring another check when placing orders on the market.
Ranging Script For Cash CrewDisclaimer:
THIS IS NOT A TESTED STRATEGY BY ANY MEANS AND SHOULD NOT BE TRADED UPON. ONLY USE IT TO LEARN AND I AM NOT GURANTING ANYTHING AS THIS IS NOT TESTED AND COULD VERY WELL NOT BE A GOOD INDICATOR. IT IS STILL IN INITIAL DEVELOPMENT PHASE.
The yellow lines above and below the candles are known as the entry/extension lines. They represent when there is a potential entry. The line above is for short entries and the line below is for long entries. The red line that is above the bottom yellow line, but below the candles is the exit point for a long position in the event that it entered one when the price crossed below the long entry line. The green line above the candle represents the short exit price in the event a position enters on that candle. The input labeled "TP Line Standard Deviation" adjusts the standard deviations of the last 20 candles high and open difference for above the lines above the candle and the last 20 candles open and low difference for the lines below the candle. These values gathered are then added to the open price of the candle to form the lines. The larger the number of deviations, the further it will go from the candles. The "Entry Multiplier" represents the multiplier size for the entry line. The larger it is, the further away from the candle open it will be. Once the position is entered, the tp should not change and it is the current value of the exit line.
