Yellow Crosses mean both shorts and longs are increasing market is getting volatile
Gray Crosses means margin traders undecided on that candle
Green Crosses mean longs are increasing and shorts are being pulled out
Red Crosses mean Longs are being pulled out and shorts being put in
RSI of Longs and Shorts used.
Hope the indicator helps you in anyway.
Only works for BTC.
Dear all, you might wonder is there a confirmation indicator that has a high hit rate, is dependable, and could rely on the information it gives you when making a decision?
Here I present an indicator I developed specifically for cryptocurrency, in the minds of eliminating fakeouts and traps.
Trend is always invalid then there is a lack of volume, so by...
This indicator measures value of basis (or spread) of current Futures contracts compared to spot. The default settings are specifically for Bitmex XBTU19 and XBTZ19 futures contracts. These will need to be updated after expiration. Also, it seems that Tradingview does not keep charts of expired contracts. If anyone...
WHAT IT DOES
Bitcoin is listed on multiple exchanges. Many people have called for a single global index that would quote BTC volume across all exchanges: this script is such a virtual volume aggregate of the 17 largest fiat exchanges on TradingView (listed in the script comments, and in Format > Inputs for you to...
These Bollinger Bands are exponential because the variance is calculated using the exponential moving average, rather than just adding the normal standard deviation to the ema. This may be more useful because the exponential standard deviation should be more sensitive to near term increases or decreases in volatility.
Please do not forget that Bollinger Bands...
This is an experiment I did a while back ago.
I often think On Balance Volume is a great indicator as trend direction and volume cannot lie.
However, I bumped into a few problems.
It is slow, doesn't show volatility and often time it is prone to chop.
That's why I added ATR to the equation.
Original OBV calculation
src > 0? : +volume : src < 0?...
This tool is simple yet very effective. It creates new candles on the chart based on the MACD.
Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line.
The rules for using it are pretty simple:
1.Buy on Green
2.Sell on red
Continue looking for more signifcant pivot points.
This script is based on my "Significant Pivot Reversal Strategy".
In this strategy I use concept of pivot of pivot points.
So for PoP I require that pivot highs point should have 2 lower pivot highs points around them and pivot low 2 higher pivot lows points.
Transparent lines represent usual pivot levels...
Latest version. Nobody gave me feedback and managing requests to add people became a PITA. Enjoy.
I like money, you like money, this set up has the potential to make a LOT of it. That being said, I do NOTmake any warranties of this making you money, nor do I guarantee you will NOT lose money. In the end, you're the one configuring it and interpreting the results....
Here is a scirpt of ChrisMoody modified with the alerts of purchases and sales.
I just have a problem with automation. At the bottom of my script my alerts "Buy1" and "Sell2" give alerts constantly and I wish to have a single alert before the order is completed. Before "Sell1" or Buy2 ".
I found the function "barstate.isfirst" that could possibly...
Free strategy again.
I found using 3 volatility stop with different settings could be very helpful when trading an intraday trending market.
With the ATR setting or 5, 10, 15, we can weed out many false break.
Vstop setting is OHLC4.
On the other hand, this strategy also utilize Renko as part of the strategy, so you could say this strategy is...
HI BIG PLAYERS,
this script I wrote for an enquiry of a tradingview-user. It should represent the Filtered Waves idea from Arthur Merril and used by Linda Raschke.
It's similar like a visualization of Elliott Waves.
On YouTube title "MTA UK Chapter Presentation with Linda Raschke" between 34-36 minutes Linda Raschke shows the rules for her Filterd Waves.
This indicator colors volume bars that are significantly higher volume than the vol moving average ( SMA ). Utilizes two multiplier that can be adjusted by user. Defaults are that the indicator colors volume bars yellow if 20% higher than average, and orange if over 50% higher than average.
Reason why i created this indicator is i typically don't care about...
The Grover Llorens Activator is a trailing stop indicator deeply inspired by the parabolic SAR indicator, and aim to provide early exit points and reversal detection. The indicator was posted not so long ago, you can find it here :
Today a strategy using the indicator...
This is a modified version of Bill Williams' Accelerator. The Accelerator measures the difference between the Awesome Oscillator(another Williams indicator) and its 5 day SMA.
This script plots 2 accelerators rather than 1. Users can define the lengths of the fast and slow SMA's used in the Awesome Oscillator calculation by adjusting the options in the input...