Inverted EMAThe concept of an inverted Exponential Moving Average (EMA) isn't commonly used in traditional technical analysis or trading strategies. Inverting the EMA essentially means taking the reciprocal of the EMA values. While it may not have widespread use or recognition, here are some potential considerations or interpretations for the inverted EMA:
1. **Inverse Trend Indicator:**
- Inverting the EMA might be considered as an alternative approach to trend analysis. When the inverted EMA is rising, it could suggest a potential bearish trend, and when it is falling, it might indicate a bullish trend. Traders might explore using this as a contrarian or unconventional trend indicator.
2. **Volatility Indicator:**
- The inverted EMA might be used as a measure of volatility. When the values are fluctuating rapidly, it could imply increased volatility in the underlying asset. This could be useful for traders who are interested in gauging market dynamics.
3. **Divergence Analysis:**
- Traders may explore divergences between price and the inverted EMA. For instance, if prices are making new highs, but the inverted EMA is not, it could signal potential weakness or divergence in the bullish trend.
4. **Inverse Moving Average Crossovers:**
- In the context of moving average crossovers, traders usually look for crossovers between shorter and longer EMAs as potential signals. Inverting this concept, crossovers between inverted short-term and long-term EMAs might be explored for unconventional trading signals.
5. **Systematic Exploration:**
- Traders and researchers sometimes experiment with unconventional indicators to discover new patterns or behaviors in the market. The inverted EMA could be part of systematic exploration to uncover unique insights that traditional indicators might not reveal.
It's important to note that the interpretation and use of the inverted EMA depend on the trader's strategy, risk tolerance, and specific market conditions. Traders should thoroughly backtest any strategy involving unconventional indicators and use them cautiously in live trading. Additionally, the effectiveness of the inverted EMA may vary across different financial instruments and timeframes.
Moving
EMA + Lower Timeframe EMA (correct display in Replay Mode)This indicator shows
one EMA for the current timeframe
one EMA for a lower timeframe
Unlike the built-in Tradingview EMA indicator, this indicator shows the correct values for the lower timeframe EMA during Replay Mode.
Fisher+ [OSC]The Fisher Transform Indicator is classified as an oscillator, meaning that its value swings above and below a central point. This characteristic allows traders to identify overbought and oversold conditions, providing potential clues about market reversals. As mentioned previously, it is an oscillator so the strength of the move is displayed by how long the fisher line stays above/below zero. Indicator can be used to aid in confluence near supply/demand zones.
White Line = Fisher
Red/Blue Line = Moving Average
--Changes color whether fisher line is above/below the MA
Red/Blue Shaded Line = Moving Average
--Changes color based on a smoothing factor
Red/Blue Shaded Fill = Asset in Overbought/Oversold Conditions
Red/Blue Circles = Asset in Extreme Overbought/Oversold Conditions
Red/Blue Triangles = MACD Signals Below/Above "0"
Divergence Labels = Asset Signaling Divergence
The moving average line will turn red/blue as long as the fisher line is below/above the moving average. The shaded MA line will switch colors based on if it is moving in an up/down trend. The MA can also be used as a signal and treated similar to an oscillator. Market trending conditions will either keep the MA below/above the dashed zero line.
MACD code credited to LazyBear's MACD Leader indicator. It is used to filter out/confirm any signals such as divergences. As long as the MACD Leader line is above both the MACD line and signal lines then it'll signal with with a triangle. MACD divergences will be added at a later time.
Oscillating Length Moving Averages***CREDIT TO TradingView's TA Library*** (), Attempted to use "import TradingView/ta/4" to import the library, but for whatever reason
some of the functions failed to work, while others had no issue, so I opted to just copy paste what I wanted to use.
This moving average uses an oscillator to influence the length used during calculation. Extremely customizable/tunable with ability to change Max and Min length values, length multiplier, length multiple,4 different settings ,( Decline , <>Peak, >Decline , <>Peak, ><Trough
step6:Select Final Filtering method
step7:plot
[AIO] Multi Collection Moving Averages 140 MA TypesAll In One Multi Collection Moving Averages.
Since signing up 2 years ago, I have been collecting various Сollections.
I decided to get it into a decent shape and make it one of the biggest collections on TV, and maybe the entire internet.
And now I'm sharing my collection with you.
140 Different Types of Moving Averages are waiting for you.
Specifically :
"
AARMA | Adaptive Autonomous Recursive Moving Average
ADMA | Adjusted Moving Average
ADXMA | Average Directional Moving Average
ADXVMA | Average Directional Volatility Moving Average
AHMA | Ahrens Moving Average
ALF | Ehler Adaptive Laguerre Filter
ALMA | Arnaud Legoux Moving Average
ALSMA | Adaptive Least Squares
ALXMA | Alexander Moving Average
AMA | Adaptive Moving Average
ARI | Unknown
ARSI | Adaptive RSI Moving Average
AUF | Auto Filter
AUTL | Auto-Line
BAMA | Bryant Adaptive Moving Average
BFMA | Blackman Filter Moving Average
CMA | Corrected Moving Average
CORMA | Correlation Moving Average
COVEMA | Coefficient of Variation Weighted Exponential Moving Average
COVNA | Coefficient of Variation Weighted Moving Average
CTI | Coral Trend Indicator
DEC | Ehlers Simple Decycler
DEMA | Double EMA Moving Average
DEVS | Ehlers - Deviation Scaled Moving Average
DONEMA | Donchian Extremum Moving Average
DONMA | Donchian Moving Average
DSEMA | Double Smoothed Exponential Moving Average
DSWF | Damped Sine Wave Weighted Filter
DWMA | Double Weighted Moving Average
E2PBF | Ehlers 2-Pole Butterworth Filter
E2SSF | Ehlers 2-Pole Super Smoother Filter
E3PBF | Ehlers 3-Pole Butterworth Filter
E3SSF | Ehlers 3-Pole Super Smoother Filter
EDMA | Exponentially Deviating Moving Average (MZ EDMA)
EDSMA | Ehlers Dynamic Smoothed Moving Average
EEO | Ehlers Modified Elliptic Filter Optimum
EFRAMA | Ehlers Modified Fractal Adaptive Moving Average
EHMA | Exponential Hull Moving Average
EIT | Ehlers Instantaneous Trendline
ELF | Ehler Laguerre filter
EMA | Exponential Moving Average
EMARSI | EMARSI
EPF | Edge Preserving Filter
EPMA | End Point Moving Average
EREA | Ehlers Reverse Exponential Moving Average
ESSF | Ehlers Super Smoother Filter 2-pole
ETMA | Exponential Triangular Moving Average
EVMA | Elastic Volume Weighted Moving Average
FAMA | Following Adaptive Moving Average
FEMA | Fast Exponential Moving Average
FIBWMA | Fibonacci Weighted Moving Average
FLSMA | Fisher Least Squares Moving Average
FRAMA | Ehlers - Fractal Adaptive Moving Average
FX | Fibonacci X Level
GAUS | Ehlers - Gaussian Filter
GHL | Gann High Low
GMA | Gaussian Moving Average
GMMA | Geometric Mean Moving Average
HCF | Hybrid Convolution Filter
HEMA | Holt Exponential Moving Average
HKAMA | Hilbert based Kaufman Adaptive Moving Average
HMA | Harmonic Moving Average
HSMA | Hirashima Sugita Moving Average
HULL | Hull Moving Average
HULLT | Hull Triple Moving Average
HWMA | Henderson Weighted Moving Average
IE2 | Early T3 by Tim Tilson
IIRF | Infinite Impulse Response Filter
ILRS | Integral of Linear Regression Slope
JMA | Jurik Moving Average
KA | Unknown
KAMA | Kaufman Adaptive Moving Average & Apirine Adaptive MA
KIJUN | KIJUN
KIJUN2 | Kijun v2
LAG | Ehlers - Laguerre Filter
LCLSMA | 1LC-LSMA (1 line code lsma with 3 functions)
LEMA | Leader Exponential Moving Average
LLMA | Low-Lag Moving Average
LMA | Leo Moving Average
LP | Unknown
LRL | Linear Regression Line
LSMA | Least Squares Moving Average / Linear Regression Curve
LTB | Unknown
LWMA | Linear Weighted Moving Average
MAMA | MAMA - MESA Adaptive Moving Average
MAVW | Mavilim Weighted Moving Average
MCGD | McGinley Dynamic Moving Average
MF | Modular Filter
MID | Median Moving Average / Percentile Nearest Rank
MNMA | McNicholl Moving Average
MTMA | Unknown
MVSMA | Minimum Variance SMA
NLMA | Non-lag Moving Average
NWMA | Dürschner 3rd Generation Moving Average (New WMA)
PKF | Parametric Kalman Filter
PWMA | Parabolic Weighted Moving Average
QEMA | Quadruple Exponential Moving Average
QMA | Quick Moving Average
REMA | Regularized Exponential Moving Average
REPMA | Repulsion Moving Average
RGEMA | Range Exponential Moving Average
RMA | Welles Wilders Smoothing Moving Average
RMF | Recursive Median Filter
RMTA | Recursive Moving Trend Average
RSMA | Relative Strength Moving Average - based on RSI
RSRMA | Right Sided Ricker MA
RWMA | Regressively Weighted Moving Average
SAMA | Slope Adaptive Moving Average
SFMA | Smoother Filter Moving Average
SMA | Simple Moving Average
SSB | Senkou Span B
SSF | Ehlers - Super Smoother Filter P2
SSMA | Super Smooth Moving Average
STMA | Unknown
SWMA | Self-Weighted Moving Average
SW_MA | Sine-Weighted Moving Average
TEMA | Triple Exponential Moving Average
THMA | Triple Exponential Hull Moving Average
TL | Unknown
TMA | Triangular Moving Average
TPBF | Three-pole Ehlers Butterworth
TRAMA | Trend Regularity Adaptive Moving Average
TSF | True Strength Force
TT3 | Tilson (3rd Degree) Moving Average
VAMA | Volatility Adjusted Moving Average
VAMAF | Volume Adjusted Moving Average Function
VAR | Vector Autoregression Moving Average
VBMA | Variable Moving Average
VHMA | Vertical Horizontal Moving Average
VIDYA | Variable Index Dynamic Average
VMA | Volume Moving Average
VSO | Unknown
VWMA | Volume Weighted Moving Average
WCD | Unknown
WMA | Weighted Moving Average
XEMA | Optimized Exponential Moving Average
ZEMA | Zero Lag Moving Average
ZLDEMA | Zero-Lag Double Exponential Moving Average
ZLEMA | Ehlers - Zero Lag Exponential Moving Average
ZLTEMA | Zero-Lag Triple Exponential Moving Average
ZSMA | Zero-Lag Simple Moving Average
"
Don't forget that you can use any Moving Average not only for the chart but also for any of your indicators without affecting the code as in my example.
But remember that some MAs are not designed to work with anything other than a chart.
All MA and Code lists are sorted strictly alphabetically by short name (A-Z).
Each MA has its own number (ID) by which you can display the Moving Average you need.
Next to the ID selection there are tooltips with short names and their numbers. Use them.
The panel below will help you to read the Name of the selected MA.
Because of the size of the collection I think this is the optimal and most convenient use. Correct me if this is not the case.
Unknown - Some MAs I collected so long ago that I lost the full real name and couldn't find the authors. If you recognize them, please let me know.
I have deliberately simplified all MAs to input just Source and Length.
Because the collection is so large, it would be quite inconvenient and difficult to customize all MA functions (multipliers, offset, etc.).
If you need or like any MA you will still have to take it from my collection for your code.
I tried to leave the basic MA settings inside function in first strings.
I have tried to list most of the authors, but since the bulk of the collection was created a long time ago and was not intended for public publication I could not find all of them.
Some of the features were created from scratch or may have been slightly modified, so please be careful.
If you would like to improve this collection, please write to me in PM.
Also Credits, Likes, Awards, Loves and Thanks to :
@alexgrover
@allanster
@andre_007
@auroagwei
@blackcat1402
@bsharpe
@cheatcountry
@CrackingCryptocurrency
@Duyck
@ErwinBeckers
@everget
@glaz
@gotbeatz26107
@HPotter
@io72signals
@JacobAmos
@JoshuaMcGowan
@KivancOzbilgic
@LazyBear
@loxx
@LuxAlgo
@MightyZinger
@nemozny
@NGBaltic
@peacefulLizard50262
@RicardoSantos
@StalexBot
@ThiagoSchmitz
@TradingView
— 𝐀𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬 !
So just a Big Thank You to everyone who has ever and anywhere shared their codes.
K's Reversal Indicator IIK’s Reversal Indicator II uses a moving average timing technique to deliver its signals. The method of calculation is as follows:
* Calculate a moving average (by default, a 13-period moving average).
* Calculate the number of times where the market is above its moving average. Whenever that number hits 21, a bearish signal is generated, and whenever that number if zero, a bullish signal is generated.
The indicator signals short-term to mid-term reversals as a mean-reversion move.
Geometrical Mean Moving AverageThe geometric moving average is a type of moving average that calculates the geometric mean of the previous n-periods of the price time series. Unlike the simple moving average that uses the arithmetic mean to continuously calculate the moving average as new price data comes in, the geometric moving average uses the geometric mean formula to get the moving average of the price data as new ones come in.
Why use a geometric moving average?
The geometric moving average differs from the simple moving average in how it is calculated. Most importantly, the geometric mean takes into account the compounding that occurs from period to period.
How can you use a geometric mean moving average?
You can use the GMMA just as you would use any other moving average indicator. You can use it to identify the direction of the trend, and in this case, it can also serve as a support level during an uptrend or a resistance level during a downtrend.
Drawbacks with a geometric moving average
Just like other moving average indicators, the GMA has limitations. Some of them are as follows:
It lags because it uses past price data.
It is pretty useless when the price action is choppy or moving predominantly sideways. During such periods, it can give multiple false signals.
YinYang RSIYinYang RSI is a Momentum Oscillator. It is loosely based on the standard RSI but uses our Custom True Value Zone Algorithm. Essentially it is a stronger, more accurate RSI that isn't manipulated by consolidation. YinYang RSI moves slightly slower than the standard RSI but when it does move it is much more accurate.
Why do we deem YinYang RSI to be a more accurate RSI? Well, let's discuss some of the underlying logic behind it. YinYang RSI is derived from the High and Low data from multiple Security Requests, we send that data into a modified Donchian Channel to calculate its Basis. That basis is then taken and averaged between multiple different VWMA calculations to ‘Smooth’ it out before we send it into an RSI calculation and display the final results.
This may sound a little confusing and you may be wondering, why bother doing this? The main reason we created the YinYang RSI is to remove the fact that consolidation causes Regular RSI to go down in index value. In our opinion RSI shouldn’t go down due to consolidation. By removing consolidation from RSI it innately made the RSI more smooth and since it became more smooth there were less times it crossed the RSI Moving Average (MA). In turn, since it crosses the RSI MA less, it means when it does cross the RSI MA, it is a much stronger more accurate signal; but don’t just take our word for it! Let’s get into some examples to show you exactly how it works:
Our RSI is very smooth, because of the way we apply VWMA to it, it keeps it from being a jagged line like the regular RSI is:
Our Indicator features 3 RSI’s in it: YinYangRSI, Regular RSI and YinYang Stoch RSI. The reason there are 3 is not only for the Information Tables (we will talk about this later), but also for the fact that you can overlay them on top of each other.
Here is the same dates but with Regular RSI:
Hopefully you can see how different they are and how smooth ours is, but if not, lets overlay them so you get a better idea:
When the YinYang RSI and Regular RSI are overlaid on top of each other, the Regular RSI’s colors change for easier readability. The Regular RSI turns Pink and the Regular RSI MA turns Orange. As you can see here, they function much differently and it is quite clear that the YinYang RSI holds itself during consolidation and is more smooth.
You may be asking yourself, this is great and all, but how does it help me trade?
Well, now that you understand the difference between YinYang and Regular RSI let's discuss exactly that!
So as you can see in the image above, when the RSI crosses the RSI MA it represents a strong movement in price is likely about to occur. When the RSI is very low (20 or less) and it crosses ABOVE the RSI MA, this represents a BUY/LONG signal. When the RSI is very high (80 or above) and it crosses BELOW the RSI MA, this represents a SELL/SHORT signal.
There are times where it is a good time to buy or sell, but the RSI may not be in the right place. This is rare but it does happen. We marked a location that did exactly that with an Orange circle in the picture above. These things happen, however we don’t recommend you act on them. The main reason is that they are much more risky. Nothing will ever be 100% accurate, but the key is making decisions that are more in your favor than not. When the RSI and RSI MA cross and the RSI is near 50, it's much less accurate, however, not impossible for it to be a good signal.
Now you may be wondering, how come I see 2 SELL or 2 BUY signals before the RSI moves a lot? This is quite normal. Based on the picture above, all of the BUY and SELL signals are accurate, but not all of them have insane price movements. However, they all did feature SOME price movements. Just because a BUY or SELL (RSI and RSI MA crossing) happens, doesn’t mean the RSI is going to move all the way from 80 to 20, sometimes the price only moves a bit and then corrects back. This is completely normal.
The part that is up to you is knowing when to exit these trades. You can use the YinYang RSI to see entry locations for Long/Short, but it can be risky to assume that you can go from a BUY right to a SELL and vice versa.
Don’t fret, there is a reason we have our YinYang Stoch RSI within this indicator and its not just because we felt like it! When you overlay the YinYang RSI and YinYang Stoch RSI on top of each other, you can get a very good idea of when a signal may be over and likely it’s a good time to get out. However, first, just so you understand what our YinYang Stoch RSI does, let's take a quick look at it.
At first glance, the YinYang Stoch RSI can look pretty strange and even overwhelming, this is completely normal. It features drastic movements, but only when there is good reason to! When the blue line (K) crosses the orange line (D) it represents momentum in price. So when the blue line crosses above the orange line it means BUY and when the blue line crosses below the orange line it means SELL.
How it works with the YinYang RSI is simple, lets toggle the two of them on together in the settings:
It may look a little confusing at first, and we don’t necessarily recommend you do it for your entry as it can be a little too much and sometimes confusing, but it can be very helpful for understanding your exit and if the momentum has changed/died down. Here's an example based on our initial BUY/SELL image above:
So since we’re talking about the double SELL signal and how to know if its momentum is ending we’ve zoomed in on this example. Here we can see where the pink circle is, that the YinYang Stoch RSI has gained buy momentum and the sell momentum has likely ended here. This is canceled out however, by the fact that shortly after we see another SELL signal combined with the Stoch RSI crossing under and also showing SELL momentum. The blue Vertical lines are to show visually where the stoch crossed over/under as they can be a little hard to see visually. Also, based on this example, you can see where the orange circle is that was clearly a very good buy location and also has the stoch crossover in that location too. So even though the RSI isn’t very low, there is still a decent amount of bullish momentum in that location. Is this enough for you to make a purchase on? In our opinion, it’s still a little too risky, but maybe it fits your trading style, or maybe you decide its a good time to Dollar Cost Average / purchase just a small amount.
Now, you may be wondering, as we mentioned it early, what are those Information Tables that have been sitting on the right of every example?
These Information Tables are there to display very important Time Frame data for you. Not only can you see 6 Different Time Frames, which you can customize within your Settings. You also get to see the level of RSI and RSI MA for YinYang, Regular and YinYang Stoch RSI. Being able to see this data on multiple different Time Frames without having to change the Time Frame you are on can be very helpful, especially if you’re trading on a lower Time Frame like 15 minutes. The color of the box is based on if the RSI has crossed the MA or not. When the box is Green, the RSI is greater than the MA (Bullish). When the box is Red, the RSI is less than the MA (Bearish).
This concludes our Tutorial on how to use YinYang RSI, below you will see all of our current Settings, what they all mean and how you can customize them.
Settings:
1. Show Signals:
Signals are when the RSI crosses the RSI MA (for any RSI TYPE active). When these crosses happen, it will make a plot on the chart that represents Buy and Sell Signals. These signals have alerts that correspond with them, but you will manually need to set up these alerts yourself through the indicator. Please refer to TradingView for how to set up alerts.
2. RSI Type:
We have 3 types of RSI’s within this Indicator:
YinYang RSI
Regular RSI
YinYang Stoch RSI
These RSI’s can be used individually or overlaid on top of each other for easier comparison. It can be useful to go back and forth between indicators or have them overlaid to get a better understanding of what's going on.
2.1. YinYang RSI:
Our YinYang RSI is our custom RSI that is based on our True Value Zone Algorithm. It is the main purpose of this Indicator but can be used in conjunction with Regular RSI and YinYang Stoch RSI. YinYang RSI is a much more smooth, slow moving form of RSI that doesn’t go down from consolidation and therefore makes the RSI and RSI MA crosses much more accurate.
2.2. Regular RSI:
This is a regular RSI that is within our indicator so you can make comparisons and also overlay on top of our YinYang RSI and/or YinYang Stoch.
2.3. YinYang Stoch RSI:
This is a Stoch RSI that is calculated with our YinYang RSI’s values to create a very unique Stoch RSI. Our YinYang Stoch RSI moves very drastically and quickly when there is true momentum swings but it never really hovers in the middle. It makes its way from 0-100 and 100-0 within 2-3 candles usually and if it makes it all the way, you know there is momentum backing this price movement.
3. Information Tables:
3.1. Show Information Tables:
Our Information tables display 6 different Time Frame resolutions to give you the data of YinYang RSI/MA, Regular RSI/MA and Stoch RSI/MA over multiple different Time Frames so you don’t constantly have to keep changing yours and can focus on the trade at hand.
You can choose to display:
‘All’,
‘None’,
‘YinYang RSI’,
‘Regular RSI’,
‘YinYang Stoch RSI’
and/or any combination of the three so you can see all the data you want to your liking.
3.2. Display Tables Direction:
Since there are 6 different Time Frames shown, and you have the ability to display all 3 RSI and MA values, this table can get pretty big. If you have a large monitor and not too many indicators active it's no big deal and a vertical display is likely what you’ll want. However, if you have a smaller monitor or many Indicators active, it will scrunch this Indicator and make it difficult to see all of your Time Frames in the tables. For this reason, we have the option to display them ‘Horizontally’.
3.3. Res1 / Res2/ Res3 / Res4 / Res5 / Res6:
These represent the different resolutions (Time Frames) being used in your information tables and can be modified to display whatever resolution works best for your trading style. By default they are:
Res1: Current Timeframe
Res2: 15 Minute
Res3: 1 Hour
Res4: 4 Hour
Res5: 1 Day
Res6: 1 Week
Backup Res (not changeable): 5 Minute (this is only used if your Current Timeframe in Res1 is a duplicate of one of the other resolutions)
Alerts are available and customizable within the Indicator. You can set up an alert for any of the RSI crossing Signals.
If you have any Questions or Concerns, don’t hesitate to contact us.
HAPPY TRADING!
Average Range LinesThis Average Range Lines indicator identifies high and low price levels based on a chosen time period (day, week, month, etc.) and then uses a simple moving average over the length of the lookback period chosen to project support and resistance levels, otherwise referred to as average range. The calculation of these levels are slightly different than Average True Range and I have found this to be more accurate for intraday price bounces.
Lines are plotted and labeled on the chart based on the following methodology:
+3.0: 3x the average high over the chosen timeframe and lookback period.
+2.5: 2.5x the average high over the chosen timeframe and lookback period.
+2.0: 2x the average high over the chosen timeframe and lookback period.
+1.5: 1.5x the average high over the chosen timeframe and lookback period.
+1.0: The average high over the chosen timeframe and lookback period.
+0.5: One-half the average high over the chosen timeframe and lookback period.
Open: Opening price for the chosen time period.
-0.5: One-half the average low over the chosen timeframe and lookback period.
-1.0: The average low over the chosen timeframe and lookback period.
-1.5: 1.5x the average low over the chosen timeframe and lookback period.
-2.0: 2x the average low over the chosen timeframe and lookback period.
-2.5: 2.5x the average low over the chosen timeframe and lookback period.
-3.0: 3x the average low over the chosen timeframe and lookback period.
Look for price to find support or resistance at these levels for either entries or to take profit. When price crosses the +/- 2.0 or beyond, the likelihood of a reversal is very high, especially if set to weekly and monthly levels.
This indicator can be used/viewed on any timeframe. For intraday trading and viewing on a 15 minute or less timeframe, I recommend using the 4 hour, 1 day, and/or 1 week levels. For swing trading and viewing on a 30 minute or higher timeframe, I recommend using the 1 week, 1 month, or longer timeframes. I don’t believe this would be useful on a 1 hour or less timeframe, but let me know if the comments if you find otherwise.
Based on my testing, recommended lookback periods by timeframe include:
Timeframe: 4 hour; Lookback period: 60 (recommend viewing on a 5 minute or less timeframe)
Timeframe: 1 day; Lookback period: 10 (also check out 25 if your chart doesn’t show good support/resistance at 10 days lookback – I have found 25 to be useful on charts like SPX)
Timeframe: 1 week; Lookback period: 14
Timeframe: 1 month; Lookback period: 10
The line style and colors are all editable. You can apply a global coloring scheme in the event you want to add this indicator to your chart multiple times with different time frames like I do for the weekly and monthly.
I appreciate your comments/feedback on this indicator to improve. Also let me know if you find this useful, and what settings/ticker you find it works best with!
Also check out my profile for more indicators!
Moving Average CandlesInspired by Ricardo Santos's " Multiple Moving Average Candle System V0" ()
This script plots 6 moving averages using the plotcandle function rather than the normal plot function. Result is a stylish indicator that shows moving average crossovers in a more visual way. Moving average type options available are , or Simple, Exponential, Hull, Relative, Volume Weighted, and Arnaud Legoux Moving Averages, Linear Regression Curve, and Median. Lengths for each can be set in settings along with selection specific parameters. Good for plotting/visualizing potential entry/exit points based on your preferred moving averages crossing over, or just as some eye candy.
TimeLy Moving Average - TMAHello traders, I'm Only Fibonacci.
With this indicator, you will see the averages according to the hourly, weekly and monthly price movements in many periods on the chart.
This will show you the moving average values of the price over different periods in a progressive manner on the chart that is open to you.
Options and Usage
To see the hourly average, your chart's time range must be less than or equal to 60 minutes, otherwise it will produce a NaN value.
In order to see the daily average, your chart must be open for any minute period or (even if the second is open, it must be greater than 6 seconds). Otherwise, it does not produce any value.
Your chart must be larger than the second chart to see the weekly average. In other words, you can see the weekly average with at least 1 minute chart open.
In order to see the monthly average, your chart time interval must be above 10 minutes, otherwise you will not be able to see data again.
Settings
You choose the moving average type and the time interval value you want to see from the indicator settings.
You can also select a source for moving averages.
Enjoy it, you can make improvements on it.
Please do not forget to comment for various bug reports.
MADI(Moving average deviation rate index)This script is "Moving average deviation rate" to Indexing.
index = average deviation rate / (Sigma * (input:SIgma)) * 100
It's for people who like simplicity.
Broadview Dominance SuiteIntroducing the revolutionary Broadview Dominance Suite, a culmination of scientific precision and astute mathematical finance, designed to provide traders with unparalleled insights into market dynamics and the balance of power. This suite leverages a comprehensive set of seven distinct moving averages, including the Simple Moving Average (SMA), Exponential Moving Average (EMA), Hull Moving Average (HMA), Weighted Moving Average (WMA), Volume Weighted Moving Average (VWMA), Triple Exponential Moving Average (TEMA), and Least Squares Moving Average (LSMA). Through the combination of these moving averages, the Broadview Dominance Suite offers traders an authoritative perspective on the control exerted by market participants over a given period.
At the heart of the Broadview Dominance Suite lies the concept of the balance of power, a pivotal determinant of market dynamics. The balance of power refers to the tug-of-war between buyers (bulls) and sellers (bears) within the market. By analyzing the relationship between the market participants, the suite allows traders to identify and comprehend who holds control over a specific timeframe.
The seven different types of moving averages employed in the Broadview Dominance Suite contribute to an in-depth assessment of market dominance. Each moving average possesses unique characteristics that facilitate a comprehensive evaluation of the balance of power. Let's delve into the moving averages included in this suite and their respective properties:
Simple Moving Average (SMA): The SMA, known for its simplicity, calculates the average price over a specified period. When applied to the balance of power, the SMA provides a smoothed line that highlights overall price trends. Its straightforward nature allows for a clear interpretation of the dominant market forces.
Exponential Moving Average (EMA): The EMA assigns more weight to recent prices, making it highly responsive to short-term price movements. By incorporating the EMA into the balance of power analysis, traders can identify potential trend reversals and shifts in market control with increased accuracy.
Hull Moving Average (HMA): The HMA employs weighted moving averages and a square root function to reduce lag and noise. This results in a smoother line that closely aligns with current price action. When assessing the balance of power, the HMA enables traders to discern precise trend indications, minimizing false signals and providing a clearer understanding of market dominance.
Weighted Moving Average (WMA): The WMA assigns varying weights to different price points within the selected period, placing greater emphasis on recent data. This feature allows the WMA to be more sensitive to recent price changes. When utilized in the analysis of the balance of power, the WMA excels at detecting short-term shifts in market control and identifying periods of heightened buying or selling pressure.
Volume Weighted Moving Average (VWMA): The VWMA incorporates trading volume into its calculation, highlighting the importance of volume in determining market dynamics. By integrating volume data, the VWMA offers a more comprehensive understanding of price levels where significant buying or selling activity occurs. In the context of the balance of power, the VWMA provides valuable insights into the intensity of market control exerted by the bulls or bears.
Triple Exponential Moving Average (TEMA): The TEMA employs multiple exponential smoothing techniques to reduce lag and enhance responsiveness. It excels at capturing short-term price movements and potential trend reversals. By incorporating the TEMA into the analysis of the balance of power, traders can gain a deeper understanding of swift shifts in market control, allowing for timely decision-making.
Least Squares Moving Average (LSMA): The LSMA minimizes the sum of squared differences between the moving average and the actual price, resulting in a curve that closely fits the price data. When applied to the balance of power, the LSMA provides a smooth line that effectively captures significant price trends. Its ability to filter out noise ensures a clearer representation of dominant market forces.
By combining these seven moving averages within the Broadview Dominance Suite, traders gain an authoritative assessment of market control. The interplay between these moving averages presents a nuanced and multi-faceted perspective on the balance of power. When a line falls below the center line, it signifies the market is under the control of the bears, indicating a dominance of selling pressure. Conversely, when the lines rise above the center line, it suggests the market is controlled by the bulls, with buying pressure prevailing.
Consensio Allocation ToolOriginally created and taught by Taylor Jenks, this indicator provides portfolio allocation suggestions based on the behaviour of price and 3 simple moving averages (4/10/40 by default)
(ie. when short & medium term SMAs are above the long term then allocation is to be 100%).
This percentage allocated to the stock/commodity is to be reduced as it passes below the SMA's, particularly as each moving average crosses.
Consensio is useful for scaling in and out of a position as the portfolio allocation will change according to the momentum of the asset.
The rules below are my own based on understanding of the trading system developed by Jenks and his online content.
This script has the following rules:
if fastAboveSlowMA and not mediumAboveSlowMA
allocation := 30.0
else if longAboveFastMA
allocation := 0.0
else if fastAboveMediumMA and fastAboveSlowMA
allocation := 100.0
else if not fastAboveMediumMA and fastAboveSlowMA
allocation := 80.0
else if not fastAboveMediumMA and not fastAboveSlowMA
allocation := 50.0
else if not mediumAboveSlowMA and fastAboveSlowMA
allocation := 50.0
// Calculate adjusted allocation percentage based on crossing moving averages
allocation := allocation + (priceAboveFastMA ? 10.0 : -10.0)
allocation := allocation + (priceAboveMediumMA ? 10.0 : -10.0)
Moving Average Scalper by nnamdertWhat does this Indicator Do?
By request and popular demand, I have created a quick and easy Moving Average Crossover Scalper Indicator. This indicator simply allows the trader to visualize scalping opportunities in an easy way using MA crossovers.
The Indicator also plots multiple higher moving averages via an "optional" table. The table gives a quick glance at the overall trend (based on moving Averages alone).
Users can adjust the initial Moving Average Length and the number of additional Moving Average Lengths to be plotted on the chart.
How do I use it?
As shown below, the cross overs are very easy to see. The Stoploss "should" be set at the most recent swing high or low prior to the MA Cross.
The dotted yellow line must cross above or below the thick mutli-colored line in order to be considered valid.
As seen in the screenshot below, an optional input setting turns ON / OFF additional Moving Average "Lines" and plots them on the chart. In addition, the indicator color fills between the moving averages based on Bullish or Bearish movement. If the lines are in continuity, then the color will be either RED or GREEN depending on the market sentiment (bull or bear).
The total number of Moving Averages listed in the table can be manually adjusted in the settings by the user. The table is small and see-through so it works on mobile devices as well and allows the user to still see the candles easily. Simply double clicking on the table will bring up the settings.
As shown below, the table can be relocated to a position acceptable to the user if it is in the way. This option is available under input settings.
I hope this indicator proves useful for you and your trading style. If you have any suggestions please let me know.
Ignition Cha Cha ChaIgnition Cha Cha Cha (ICCC) is a 3 color coded moving average indicator which numerically quantify the angle of their trends. I have labeled them as fast, medium and slow. The trend colors are Green for bullish, Red for bearish and Grey for sideways. The sideways movement can be user defined for all 3 in the settings under Threshold. If you regard for example anything under 10º as sideways then place 10 in the corresponding threshold and any angle under 10º will give a grey moving average and a grey labeled text. I use this chart in several ways. If you don't want moving averages all over your Chartistic Masterpiece you can turn off the plots and leave the numeric angles which will give you an overview of the trend. Conversely if you want to make the ultimate trend chart you can setup a 4 chart layout, Weekly, Daily, 12 hour and 4 hour and add the indicator with 200/50/25 moving averages and look for confluence. I find the best way for this is turn off the candles and use the moving averages with the numeric labels. You also have the ability to turn off and on different aspects of the indicator so that there is good control over its look. Also I have given the indicator lots of Alert presets for all 3 of the moving averages so you can avoid demented screen-stairing. Please forgive the name, my mother made me do Ballroom dancing lessons as a kid.
Multiple Moving Average ToolkitFeatures Overview:
Multiple Moving Averages: The script allows you to plot up to five different Moving Averages (MAs) on your chart at the same time. You can choose the type of MA (EMA, SMA, HMA, WMA, DEMA, VWMA, VWAP) and the length of each one.
Color Ribbon: You can turn the MAs into a color ribbon by selecting the "Turn into Color Ribbon?" option. This will make the area between the MAs colored and can help you identify trends more easily.
MA Value Table: You can draw a table on your chart that displays the current values of each MA, whether the trend is bullish or bearish along with the length of the MAs. The current ATR value is also shown in the last cell of the table. You can choose the location of the table (Top Left, Top Right, Bottom Left, Bottom Right) and the transparency of the background color.
Crosses: The script can detect when two MAs cross over each other (1st MA crosses 5th MA and vice versa), indicating a potential trend reversal. It will plot crosses on the chart at the point of the crossover and give an alert if the "Bullish Cross Detected" or "Bearish Cross Detected" condition is met.
How to use:
Once the script is added to your chart, you can customize the settings to fit your preferences. You can choose the type and length of each MA, whether to turn them into a color ribbon, whether to plot crosses, and whether to draw the MA Value Table.
The MA Value Table can be moved to a different location on the chart by selecting the "Location of Table" option and choosing Top Left, Top Right, Bottom Left, or Bottom Right.
Watch for MA crossovers and alerts to identify potential trend reversals. The script can help you identify bullish and bearish trends by color-coding the area between the MAs and displaying the current values of each MA in the table.
Breakdown of the script:
User Inputs
The first section of the script defines several user inputs that allows you to customize the indicator. These include options for turning the MAs into a color ribbon, plotting crosses when there is a bullish or bearish cross of the MAs, drawing a table of the MA values, and setting the transparency of the ribbon. You can also select the location of the MA value table and customize the settings for each individual MA.
Moving Average Calculation
The script defines a function called "getMA" that calculates the moving average for a given type and length. The function uses a switch statement to determine which type of moving average to use, such as an exponential moving average (EMA), simple moving average (SMA), Hull moving average (HMA), weighted moving average (WMA), double exponential moving average (DEMA), volume-weighted moving average (VWMA), or volume-weighted average price (VWAP).
The script then calls this function to calculate the values of up to five different MAs, depending on the user input. The ATR (average true range) is also calculated using the TA library.
Color Filter and Cross Detection
The script sets a color filter based on the relationship between the MAs. If the shorter-term MAs are above the longer-term MAs, the filter is set to green to indicate a bullish trend, and if the shorter-term MAs are below the longer-term MAs, the filter is set to red to indicate a bearish trend. You can adjust the transparency of the ribbon to make it more or less visible.
The script also detects when there is a bullish or bearish cross of the MAs and can generate alerts to notify you.
MA Plotting
The script plots up to five MAs on the chart, depending on the user input. The MAs are plotted as lines with different colors and thicknesses, and you can choose to turn them into a color ribbon if desired.
Cross Plotting
The script plots crosses on the chart when there is a bullish or bearish cross of the MAs. The crosses are plotted as X shapes at the location of the cross and are color-coded to indicate the direction of the cross.
MA Value Table
Finally, the script draws a table of the MA values on the chart, displaying the values of each MA as well as the current trend and the ATR. You can customize the location of the table, and the table is colored to match the color filter of the MAs.
Feel free to message me or comment on the post with any questions or issues!
Much more to come!
Thanks for reading, enjoy!
Multi-Symbol Cross Indicator Template - Unleash Your Potential!Unlock your full trading potential with this powerful and versatile Multi-Symbol Cross Indicator Template! This script is designed to make you stand out from the crowd by enabling you to monitor multiple symbols on a single chart for specific events, such as a Golden Cross or Death Cross. With its high adaptability to include various technical indicators, you're in complete control of your trading decisions and market analysis.
By using the built-in request.security function, this template fetches data for your chosen symbols from the selected exchange and calculates the conditions (e.g., moving average crossovers) for each symbol. Although the current implementation focuses on Golden Crosses and Death Crosses, the sky is the limit when it comes to modifying the script to incorporate other technical indicators such as RSI, MACD, or Bollinger Bands.
You, as a discerning trader, can easily customize the script by selecting your preferred exchange and symbols through input options. This flexibility allows you to monitor your favorite markets without the need for any direct code modification, giving you the ultimate adaptability for various trading strategies and market analysis purposes.
Remember, this script is more than just an example or template; it's the key to unleashing your inner trading genius. While it's not intended to be a standalone trading strategy, it serves as the foundation for you to build upon and create your own customized multi-symbol indicators or strategies. You are awesome, and with this Multi-Symbol Cross Indicator Template, there's no doubt that you're on the path to achieving great success in your trading journey!
Strategy Myth-Busting #4 - LSMA+HULL Crossover - [MYN]This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our fourth one we are automating is one of the strategies from "I Found The Best 1 Minute Scalping Strategy That Actually Works! ( Beginner Friendly )" from "Trade Domination" who claims to have made 366% profit on the 1 min chart of Solona despite having a 31% win rate in just a few weeks. As you can see from the backtest results below, I was unable to substantiate anything close to that that claim on the same symbol ( SOLUSD ), timeframe (1m) with identical instrument settings that "Trade Domination" was demonstrating with. Strategy Busted.
If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me.
This strategy uses a combination of 2 open-source public indicators:
LSMA
Hull Suite by InSilico
Trading Rules
1 min candles
Stop Loss on recent swing High/Low
1:5 Risk Ratio
Enter Long
LSMA cross above Red Hull Suite line
Price has to be above Hull Suite Line
Enter Short
LSMA crosses under green Hull Suite Line
Price has to be below Hull Suite Line
SMMA slope deviation alertThis indicator alerts when the deviation of close value from SMMA is more than 30% of the average deviation for the last 14 bars. The period of SMMA can be adjusted.
This indicator has 3 hardcoded timeframes so there is almost no sense what timeframe you use. It gathers data from 15m, 1H and 4H timeframes and combines then on one chart.
The markers are drawn one over another, for example, if you set 1H timeframe on you chart green markers from 15m can be placed under the same 1h-candle where the blue one lights on 1H. The algo is made to lower the risks of traders, so if you use 15m timeframe you will see green marker but if you use 1H you will see the blue marker on 1H (and don't see the green one because the blue is over the green). This is somewhat a "hardcoded scalp screener". You can "zoom in" and "zoom out" the row of markers by toggling between 15m and 1H and 4H but conditions for the signals are the same.
Black and blue markers light when the price is too far from the SMMA . "Too far" means that deviation is greater than the average deviation (for 14 bars) multiplied by 1.3.
Red and green markers light when besides the condition mentioned above, the price change is accelarating. Acceleration is considered in terms of the speed of running from SMMA . if SMMA was crossed by the priceline less than 8 bars ago and now it went so far that the condition of 30% is triggered then red and green markers light.
Correlated ATR MA | AdulariHow do I use it?
Never use this indicator as standalone trading signal, it should be used as confluence.
When the price is above the moving average this shows the bullish trend is strong.
When the price is below the moving average this shows the bearish trend is strong.
When the moving average is purple, the trend is bullish, when it is gray, the trend is bearish.
Features:
Purple line for bullish trend and gray line for bearish trend.
Custom formula combining an ATR and Hull MA to clearly indicate trend strength and direction.
Unique approach to moving averages by taking the average of 3 types of MA's combined with custom ATR's.
How does it work?
1 — ATR value is calculated, then the correlation between the source and ATR is calculated.
2 — Signal value is calculated from the difference between the previous source and ATR values.
3 — Final value is being calculated using the following formula:
cor * target + (1 - cor) * nz(atr , target)
4 — Moving average is calculated by getting the average of 3 values: a normal HMA, HMA plus final value, and HMA minus final value.
Smooth EMA/DEMA/TEMA/EHMA (SEMA)This is my attempt at smoothing the exponential moving average any its cousins. I literally just smoothed the source and alpha and this is what we got. I really like this because you get a nice smooth yet fast acting moving average that works better than a traditional simple moving average. This script also included directional alerts.
Smooth EMA
Smooth DEMA
Smooth TEMA
Smooth EHMA
Pranoyama - The Aurora BorealisENG:
The "aurora borealis" indicator has 2 operating modes. To enable it, go to the settings in the arguments section and check the boxes.
1) In the upper part of settings page you may turn on colored of classic candles by heiken ashi candles color. All high low open and close of candles will stay classic. Only color will change. Also you may find there, a moving average which has been added to determine the trend. This moving average is based on Heiken Ashi candles.
2) In the middle of the settings, there is a box which turn on the "Aurora borealis" indicator, it based on Heiken ashi candles and helps to determine the trend.
3) At the bottom of the settings page, you can change the color of candles/aurora.
РУС:
Индикатор "полярное сияние" имеет 2 режима работы. Для его включения войдите в настройки в раздел аргументы и поставьте галочки в соответствующих чек-боксах.
1) В Верхней части страницы настроек имеется возможность включить подсветку свечей в цветах Хейкен Аши. При этом все хаи, лои, открытия и закрытия останутся классическими. Кроме-того добавлена скользящая средняя для определения тренда, которая строится на основе свечей Хейкен Аши.
2) В середине страницы настроек имеется возможность включить индикатор "Полярное сияние", в честь которого назван индикатор/ Он не является свечами хейкен аши, но строится на основе этих свечей и помогает определить тренд.
3) В нижней части страницы настроек можно изменять цвет свечей/сияния
10 MAs Alpha Indicator by MontyThis indicator is a part of the script I coded earlier this month.
The name is to surprise one of our discord member.
I will publish that indicator in a few days as well, but publishing this as a gesture of giving back to the community.
Indicator has:
10 Moving Averages
Adjustable Color, Opacity and Size etc
Shows Labels for each of the MA.
Can be shifted between EMA or SMA
Can be fixed to show a specific TF MA on current Timeframe.