█ OVERVIEW This Framework allows Pine Coders to quickly code Study() based signal/strategy and validate its viability before proceed to code with more advance/complex customized rules for entry, exit, trailstop, risk management etc.. This is somewhat an upgraded version of my earlier personal template with different strategy used, cleaner code and additional...
Composite Index by Constance Brown mixed with built-ins Divergence Indicator useful indicator to find divergence this script find divergence automatically for you
Sample Strategy: MACD Crossover with trend filter options MA Filter : Price Close Above MA, Search for Buy, Price Close Below MA, Search for Sell ADX Filter : Take trade only when ADX is above certain treshold MACD Signal : MACD Cross above signal line while under 0 line indicate Buy Signal MACD Cross below signal line while...
This indicator colors the background in vertical (green/red) stripes to indicate if the current trend is possibly bull / bear A region where the background is not colored indicates that the present trend can not be identified The algo combines the RVSI (Relative Volume Strength Index {ref fract} ) and the MACD The Relative Volume Strength Index has been...
This is a simple script that aggregates the USDTUSD pairs available on TradingView and shows the average price of (USDTUSD - 1). Heavy buying of BTC on USD exchanges (read: Coinbase) will result in a positive USDT premium Heavy selling of BTC on USD exchanges (read: Coinbase) will result in a negative USDT premium Heavy buying of BTC on USDT exchanges result in...
I gathered all the signals coming from the MACD & Donchian channels indicators and filtered them with EMA 200 or ADX > 25 indicators (which both of them show the trend), and put them on the chart to show me the buy and sell signals; the signals rules are as following: BUY: when we have an uptrend ( the price is above the EMA 200 or ADX > 25 ) & the macd line...
Okay User Avatar Rules using ( MACD 12 26 Close 9 ): Place a SELL signal when : 1. Histogram bar turned RED from GREEN 2. Within the previous group of green histogram bars the maximum value reached/passed +5.5 3. MACD fast & slow have values > 0 Place a BUY signal when : 1. Histogram bar turned GREEN from RED 2. Within the previous group of RED histogram bars has...
Study version of the script with alert conditions for up and down Note* The study version will not trigger at the same points the strategy version does due to the strategy limiting the orders to a buy then a sell, back testing didn't seem to change the results to much though Please experiment with the pyramid function in the strategy script to change how many...
This oscilator was created by Ricardo Santos using MACD's histogram as the series to find low and high fractals and from there find and plot divergences. I just modified it a little bit to make it to look more like the MACD public library indicator and use the actual MACD series (instead of the histogram) to find the fractals and from there plot divergences. I did...
The indicator flags long or blue when the macd histogram value > 0 and above the ema and short or red when the macd histogram value < 0 and below the ema I have added confirmations in the form of eliminating all bars on the histogram unless they meet the long / short entry conditions two bars in a row You can customize the length of the ema that determines the...
This is a histogram that can display a moving average's angle and also show how volatile the change in angle is. To use: Add any moving average indicator to the chart Click that indicator's More > Add Indicator on (MA) Select the Cosmic Angle indicator Adjust the Cosmic Angle 's Price To Bar Ratio value to reflect that of your chart's Adjust...
P/B Ratio Indicator for FQ and FY plotted on the chart and with a nice neat window overlay next to the current price visualizing both values.
A truly time based indicator to check the strength of the asset based on "Time". The main idea came to my mind about 2 years ago, When i was counting the candles in an impulse move and comparing it to number of retracement candles . So i got a period (13 for example) and checked the price change between the 13 candles, Then the space between those two...
It's just MACD and fill the color How to use RED : MACD < Signal line and MACD < 0 Blue : MACD > Signal line and MACD < 0 GREEN : MACD > Signal liine and MACD > 0 Yellow : MACD < Signal line and MACD < 0 Goodluck :D
This script uses the gap in moving averages standardized to the average true range to determine entry and exit points. The red line represents the current percentage of ATR that is deemed "The Dead Zone" - a move that is too small to be reliable. The histogram represents the gap between moving averages. When the histogram is above the red line, it confirms a...
Adaptive Ultra-Smooth Momentum indicator The Cycle-Swing-Indicator "CSI" provides an optimized "momentum" oscillator based on the current dominant cycle by looking at the swing of the dominant cycle instead of the raw source momentum. Offering the following improvements: Smoothness Zero delay Sharpness at turning points Robust and adaptable to market...
INTRO The indicator is calculating multiple moving averages on the value of price change %. It then combines the normalized (via arctan function) values into a single normalized value (via simple average). The total error from the center of gravity and the angle in which the error is accumulating represented by 4 waves: BLUE = Good for chance for price to go...
Hello Traders, Recently we got new features in Pine such Arrays of Lines, Labels and Strings. Thanks to the Pine Team! ( here ) So I decided to make new style of Multi Time Frame indicator and I used Array of Lines in this script. here it is, RSI Multi Time Frame script. it shows RSI for current time frame as it is and also it gets RSI for the Higher Time...