Cipher DCA Strategy70% + Accurate trading strategy, tailored for swing trading and Dollar-Cost Averaging (DCA) approach to build positions during bearish or oversold market conditions.
Here's how it works:
Market Entry: The script identifies optimal entry points by pinpointing when stocks are in an oversold state, making it an ideal time to buy. This is crucial for accumulating assets at lower prices, setting the stage for significant gains as the market rebounds.
Position Accumulation: By utilizing DCA, the strategy allows you to buy into the market in increments, reducing the impact of volatility and helping to mitigate risk during market downturns.
Swing Trading: Once the market begins to show signs of recovery, the strategy shifts to swing trading mode. It captures the upward momentum by holding positions through the market's upswing, aiming to sell near the peak of the bull market.
Market Exit: The indicator not only helps in buying low but also in selling high, guiding you to exit positions near what could be the top of the market cycle.
Médias Móveis
Abz Simple TrendThe goal of this indicator is to provide an "at-a-glance" trend-oriented moving averages indicator that helps with medium and long term trades and investments.
It should work on any chart timeframe but is intended for people interested in how the price is trending over longer timeframes.
Everything in the indicator is calculated against a weekly chart. This means if you're viewing it on another chart timeframe, such as the daily chart, the indicator will show the lines in the same places.
This indicator is intended to be easy enough for people without significant technical chart reading knowledge: Red means the market momentum is likely negative. Green is "bullish".
This is a lagging indicator. If you're new, this may seem like a bad thing, but markets eventually "revert to the mean". They tend to overshoot up and down from major trend lines, but eventually reconnect.
The indicator tracks 4 different moving averages:
- The Main moving average that is the thick, bright line on the chart
- The momentum line
- The 28w moving average (with smoother applied)
- The slow moving average (200w with special filters and smoother applied). This is the final mean reversion line.
The indicator is set up with multiple alerts and you can adjust everything via the settings.
Just remember that no indicator is a "cure all". You should not blindly trade based on the signals this gives out. It is not optimized to be the perfect trading bot but it will help to validate or invalidate your decisions. It's my favorite "at-a-glance" indicator, but I always look at the price action and see when the price reverses as that will occur before the indicator confirms it.
Other indicators that may help you confirm your decisions include: Volume, MACD, and RSI (especially when you understand divergences between the price action and the RSI).
Uptrick: Arbitrage OpportunityINTRODUCTION
This script, titled Uptrick: Arbitrage Monitor, is a Pine Script™ indicator that aims to help traders quickly visualize potential arbitrage scenarios across multiple cryptocurrency exchanges. Arbitrage, in general, involves taking advantage of price differences for the same asset across different trading platforms. By comparing market prices of the same symbol on two user-selected exchanges, as well as scanning a broader list of exchanges, this script attempts to signal areas where you might want to buy on one exchange and sell on another. It includes various graphical tools, calculations, and an optional Automated Detection signal feature, allowing users to incorporate more advanced data scanning into their trading decisions. Keep in mind that transaction fees must also be considered in real-world scenarios. These fees can negate potential profits and, in some cases, result in a net loss.
PURPOSE
The primary purpose of this indicator is to show potential percentage differences between the same cryptocurrency trading pairs on two different exchanges. This difference is displayed numerically, visually as a line chart, and it is also tested against user-defined thresholds. With the threshold in place, buy and sell signals can be generated. The script allows you to quickly gauge how significant a spread is between two exchanges and whether that spread surpasses a specified threshold. This is particularly useful for arbitrage trading, where an asset is bought at a lower price on one exchange and sold at a higher price on another, capitalizing on price discrepancies. By identifying these opportunities, traders can potentially secure profits across different markets.
WHY IT WAS MADE
This script was developed to help traders who frequently look for arbitrage opportunities in the fast-paced cryptocurrency market. Cryptocurrencies sometimes experience quick price divergences across different exchanges. By having an automated approach that compares and displays prices, traders can spend less time manually tracking price discrepancies and more time focusing on actual trading strategies. The script was also made with user customization in mind, allowing you to toggle an optional Automated-based approach and choose different moving average methods to smooth out the displayed price difference.
WHAT ARBITRAGE IS
Arbitrage is the practice of buying an asset on one market (or exchange) at a lower price and simultaneously selling it on another market where the price is higher, thus profiting from the price difference. In cryptocurrency markets, these price differentials can occur across multiple exchanges due to varying liquidity, trading volume, geographic factors, or market inefficiencies. Though sometimes small, these differences can be exploited for profit when approached methodically.
EXPLANATION OF INPUTS
The script includes a variety of user inputs that help tailor the indicator to your specific needs:
1. Compared Symbol 1: This is the primary symbol you want to track (for example, BTCUSDT). Make sure it's written in all capital and make sure that it's price from that exchange is available on Tradingview.
2. Compare Exchange 1: The first exchange on which the script will request pricing data for the chosen symbol.
3. Compared to Exchange: The second exchange, used for the comparison.
4. Opportunity Threshold (%): A percentage threshold that, when exceeded by the price difference, can trigger buy or sell signals.
5. Plot Style?: Allows you to choose between plotting the raw difference line or a moving average of that difference.
6. MA Type: Select among SMA, EMA, WMA, RMA, or HMA for your moving average calculation.
7. MA Length: The lookback period for the selected moving average.
8. Plot Buy/Sell Signals?: Enables or disables the plotting of arrows signaling potential buy or sell zones based on threshold crossovers.
9. Automated Detection?: Toggles an additional multi-exchange data scan feature that calculates the highest and lowest prices for the specified symbol across a predefined list of exchanges.
CALCULATIONS
At its core, the script calculates price1 and price2 using the request.security function to fetch close prices from two selected exchanges. The difference is measured as (price1 - price2) / price2 * 100. This results in a percentage that indicates how much higher or lower price1 is relative to price2. Additionally, the script calculates a slope for this difference, which helps color the line depending on whether it is trending up or down. If you choose the moving average option, the script will replace the raw difference data with one of several moving average calculations (SMA, EMA, WMA, RMA, or HMA).
The script also includes an iterative scan of up to 15 different exchanges for Automated detection, collecting the highest and lowest price across all those exchanges. If the Automated option is enabled, it compiles a potential recommendation: buy at the cheapest exchange price and sell at the most expensive one. The difference across all exchanges (allExDiffPercent) is calculated using (highestPriceAll - lowestPriceAll) / lowestPriceAll * 100.
WHAT AUTOMATED DETECTION SIGNAL DOES
If enabled, the Automated detection feature scans all 15 supported exchanges for the specified symbol. It then identifies the exchange with the highest price and the exchange with the lowest price. The script displays a recommended action: buy on the lowest-exchange price and sell on the highest-exchange price. While called “Automated,” it is essentially a multi-exchange data query that automates a portion of research by consolidating different price points. It does not replace thorough analysis or guaranteed execution; it simply provides an overview of potential extremes.
WHAT ALL-EX-DIFF IS
The variable allExDiffPercent is used to show the overall difference between the highest price and the lowest price found among the 15 pre-chosen exchanges. This figure can be useful for anyone wanting a big-picture view of how large the arbitrage spread might be across the broader market.
SIGNALS AND HOW THEY ARE GENERATED
The script provides two main modes of signal generation:
1. Raw Difference Mode: If the user chooses “Use Normal Line,” the script compares the percentage difference of the two selected exchanges (price1 and price2) to the user-defined threshold. When the difference crosses under the positive threshold, a sell signal is displayed (red arrow). Conversely, when the difference crosses above the negative threshold, a buy signal is displayed (green arrow).
2. Moving Average Mode: If the user selects “Use Moving Average,” the script instead references the moving average values (maValue). The signals fire under similar conditions but use the average line to gauge whether the threshold has been crossed.
HOW TO USE THE INDICATOR
1. Add the script to your chart in TradingView.
2. In the script’s settings panel, configure the symbol you wish to compare (for example, BTCUSDT), choose the two exchanges you want to evaluate, and set your desired threshold.
3. Optionally, pick a moving average type and length if you prefer a smoother representation of the difference.
4. Enable or disable buy/sell signals according to your preference.
5. If you’d like to see potential extremes among a broader list of exchanges, enable Automated Detection. Keep in mind that this feature runs additional security requests, so it might slow down performance on weaker devices or if you already have many scripts running.
EXCHANGES TO USE
The script currently supports up to 15 exchanges: BYBIT, BINANCE, MEXC, BLOFIN, BITGET, OKX, KUCOIN, COINBASE, COINEX, PHEMEX, POLONIEX, GATEIO, BITSTAMP, and KRAKEN. You can choose any two of these for direct comparison, and if you enable the Automated detection, it will attempt to query them all to find extremes in real time.
VISUALS
The exchanges and current prices & differences are all plotted in the table while the colored line represents the difference in the price. The two thresholds colored red are where signals are generated. A cross below the upper threshold is a sell signal and a cross above the lower threshold is a buy signal. In the line at the bottom, purple is a negative slope and aqua is a positive slope.
LIMITATIONS AND POTENTIAL PROBLEMS
If you enable too many visual elements such as signals, additional lines, and the Automated-based scanning table, you may find that your chart becomes cluttered, or text might overlap. One workaround is to remove and reapply the indicator to refresh its display. You may also want to reduce the number of displayed table rows by disabling some features if your chart becomes too crowded. Sometimes there might be an error that the price of an asset is not available on an exchange, to fix this, go and select another exchange to compare it to, or if it happens in Automated detection, choose a different asset, ideally more widely spread.
UNIQUENESS
This indicator stands out due to its multifaceted approach: it doesn’t just look at two exchanges but optionally scans up to 15 exchanges in real time, presenting users with a much broader view of the market. The dual-mode system (raw difference vs. moving average) allows for both immediate, unfiltered signals and smoother, noise-reduced signals depending on user preference. By default, it introduces dynamic visual cues through color changes when the slope of the difference transitions upward or downward. The optional Automated detection, while not a deep learning system, adds a functional intelligence layer by collating extreme price points from multiple exchanges in one place, thereby streamlining the manual research process. This combination of features gives the script a unique edge in the TradingView ecosystem, catering equally to novices wanting a straightforward approach and to advanced users looking for an aggregated multi-exchange analysis.
CONCLUSION
Uptrick: Arbitrage Monitor is a versatile and customizable Pine Script™ indicator that highlights price differences for a specified symbol between two user-selected exchanges. Through signals, threshold-based alerts, and optional Automated detection across multiple exchanges, it aims to support traders in identifying potential arbitrage opportunities quickly and efficiently. This script makes no guarantees of profitability but can serve as a valuable tool to add to your trading toolkit. Always use caution when implementing arbitrage strategies, and be mindful of market risks, exchange fees, and latency.
ADDITIONAL DISCLOSURES
This script is provided for educational and informational purposes only. It does not constitute financial advice or a guarantee of performance. Users are encouraged to conduct thorough research and consider the inherent risks of arbitrage trading. Market conditions can change rapidly, and orders may fail to execute at desired prices, especially when large price discrepancies attract competition from other traders.
Range Channel by Atilla YurtsevenThis script creates a dynamic channel around a user-selected moving average (MA). It calculates the relative difference between price and the MA, then finds the average of the positive differences and the negative differences separately. Using these averages, it plots upper and lower bands around the MA as well as a histogram-like oscillator to show when price moves above or below the average thresholds.
How It Works
Moving Average Selection
The indicator allows you to choose among multiple MA types (SMA, EMA, WMA, Linear Regression, etc.). Depending on your preference, it calculates the chosen MA for the selected lookback period.
Relative Difference Calculation
It then computes the percentage difference between the source (typically the closing price) and the MA. (diff = (src / ma - 1) * 100)
Positive & Negative Averages
- Positive differences are averaged and represent how far the price typically moves above the MA.
- Negative differences are similarly averaged for when price moves below the MA.
Range Channel & Oscillator
- The channel is plotted around the MA using the average positive and negative differences (Upper Edge and Lower Edge).
- The “Untrended” histogram plots the difference (diff). Green bars occur when price is above the MA on average, and red bars when below. Two additional lines mark the upper and lower average thresholds on this histogram.
How to Use
Identify Overbought/Oversold Zones: The upper edge can serve as a dynamic overbought level, while the lower edge can suggest potential oversold conditions. When the histogram approaches or crosses these levels, it may signal price extremes relative to its average movement.
Trend Confirmation: Compare price action relative to the channel. If price and the histogram consistently remain above the MA and upper threshold, it could indicate a stronger bullish trend. If they remain below, it might signal a prolonged bearish trend.
Entry/Exit Timings:
- Entry: Traders can look for moments when price breaks back inside the channel from an extreme, anticipating a mean reversion.
- Exit: Watching how price interacts with these dynamic edges can help define stop-loss or take-profit points.
Because these thresholds adapt over time based on actual price behavior, they can be more responsive than fixed-percentage bands. However, like all indicators, it’s most effective when used in conjunction with other technical and fundamental tools.
Disclaimer
This script is provided for educational and informational purposes only. It does not guarantee any specific outcome or profit. Use it at your own discretion and risk.
Trade smart, stay safe.
Atilla Yurtseven
Lokesh(bank nifty option buying) MA Crossover with RSI use it directly in bank nifty option chart for 5 minute time frame specialy for put buying
EMA + Stochastic Strategy (day trading)Setup Instructions
Exponential Moving Averages (EMA):
Use two EMAs:
50-period EMA for the overall trend.
20-period EMA for shorter-term movements.
Trend Confirmation:
If the 20 EMA is above the 50 EMA, focus on buy opportunities.
If the 20 EMA is below the 50 EMA, focus on sell opportunities.
Stochastic Oscillator:
Set Stochastic to a 14, 3, 3 period (default).
Overbought level = 80; Oversold level = 20.
Look for crossovers:
Buy: Stochastic %K crosses above %D in the oversold zone (below 20).
Sell: Stochastic %K crosses below %D in the overbought zone (above 80).
Entry and Exit Rules
Buy Signal:
The 20 EMA is above the 50 EMA, confirming an uptrend.
The Stochastic Oscillator is in the oversold zone (below 20), and %K crosses above %D.
Enter when the price retraces to and bounces off the 20 EMA in the direction of the trend.
Sell Signal:
The 20 EMA is below the 50 EMA, confirming a downtrend.
The Stochastic Oscillator is in the overbought zone (above 80), and %K crosses below %D.
Enter when the price retraces to and rejects off the 20 EMA in the direction of the trend.
Stop Loss and Take Profit
Stop Loss:
For buy trades: Place the stop loss below the recent swing low.
For sell trades: Place the stop loss above the recent swing high.
Take Profit:
Use a risk-to-reward ratio of 1:2 or higher.
Alternatively, exit the trade when Stochastic reaches the opposite extreme (80 for buys, 20 for sells).
Example
Scenario: GBP/USD on a 15-minute chart.
The 20 EMA is above the 50 EMA, indicating an uptrend.
The Stochastic Oscillator dips below 20, and %K crosses above %D.
Enter a buy trade when the price bounces off the 20 EMA.
Place a stop loss below the nearest swing low and a take profit at twice the risk.
Tips for Success
Avoid Choppy Markets: Ensure the EMAs are diverging, and there’s a clear trend.
Use Stochastic for Confirmation: Only take trades when the Stochastic Oscillator aligns with the EMA trend.
Combine with Price Action:
Watch for candlestick patterns (e.g., pin bars, engulfing candles) near the 20 EMA for additional confirmation.
Practice Discipline: Stick to your stop-loss and take-profit rules.
Bitcoin Reversal PredictorOverview
This indicator displays two lines that, when they cross, signal a potential reversal in Bitcoin's price trend. Historically, the high or low of a bull market cycle often occurs near the moment these lines intersect. The lines consist of an Exponential Moving Average (EMA) and a logarithmic regression line fitted to all of Bitcoin's historical data.
Inspiration
The inspiration for this indicator came from the PI Cycle Top indicator, which has accurately predicted past bull market peaks. However, I believe the PI Cycle Top indicator may not be as effective in the future. In that indicator, two lines cross to mark the top, but the extent of the cross has been diminishing over time. This was especially noticeable in the 2021 cycle, where the lines barely crossed. Because of this, I created a new indicator that I think will continue to provide reliable reversal signals in the future.
How It Works
The logarithmic regression line is fitted to the Bitcoin (BTCUSD) chart using two key factors: the 'a' factor (slope) and the 'b' factor (intercept). This results in a steadily decreasing line. The EMA oscillates above and below this regression line. Each time the two lines cross, a vertical colored bar appears, indicating that Bitcoin's price momentum is likely to reverse.
Use Cases
- Price Bottoming:
Bitcoin often bottoms out when the EMA crosses below the logarithmic regression line.
- Price Topping:
In contrast, Bitcoin often peaks when the EMA crosses above the logarithmic regression line.
- Profitable Strategy:
Trading at the crossovers of these lines can be a profitable strategy, as these moments often signal significant price reversals.
IU Higher Timeframe MA Cross StrategyIU Higher Timeframe MA Cross Strategy
The IU Higher Timeframe MA Cross Strategy is a versatile trading tool designed to identify trend by utilizing two customizable moving averages (MAs) across different timeframes and types. This strategy includes detailed entry and exit rules with fully configurable inputs, offering flexibility to suit various trading styles.
Key Features:
- Two moving averages (MA1 and MA2) with customizable types, lengths, sources, and timeframes.
- Both long and short trade setups based on MA crossovers.
- Integrated risk management with adjustable stop-loss and take-profit levels based on a user-defined risk-to-reward (RTR) ratio.
- Clear visualization of MAs, entry points, stop-loss, and take-profit zones.
Inputs:
1. Risk-to-Reward Ratio (RTR):
- Defines the take-profit level in relation to the stop-loss distance. Default is 2.
2. MA1 Settings:
- Source: Select the data source for calculating MA1 (e.g., close, open, high, low). Default is close.
- Timeframe: Specify the timeframe for MA1 calculation. Default is 60 (60-minute chart).
- Length: Set the lookback period for MA1 calculation. Default is 20.
- Type: Choose the type of moving average (options: SMA, EMA, SMMA, WMA, VWMA). Default is EMA.
- Smooth: Option to enable or disable smoothing of MA1 to merge gaps. Default is true.
3. MA2 Settings:
- Source: Select the data source for calculating MA2 (e.g., close, open, high, low). Default is close.
- Timeframe: Specify the timeframe for MA2 calculation. Default is 60 (60-minute chart).
- Length: Set the lookback period for MA2 calculation. Default is 50.
- Type: Choose the type of moving average (options: SMA, EMA, SMMA, WMA, VWMA). Default is EMA.
- Smooth: Option to enable or disable smoothing of MA2 to merge gaps. Default is true.
Entry Rules:
- Long Entry:
- Triggered when MA1 crosses above MA2 (crossover).
- Entry is confirmed only when the bar is closed and no existing position is active.
- Short Entry:
- Triggered when MA1 crosses below MA2 (crossunder).
- Entry is confirmed only when the bar is closed and no existing position is active.
Exit Rules:
- Stop-Loss:
- For long positions: Set at the low of the bar preceding the entry.
- For short positions: Set at the high of the bar preceding the entry.
- Take-Profit:
- For long positions: Calculated as (Entry Price - Stop-Loss) * RTR + Entry Price.
- For short positions: Calculated as Entry Price - (Stop-Loss - Entry Price) * RTR.
Visualization:
- Plots MA1 and MA2 on the chart with distinct colors for easy identification.
- Highlights stop-loss and take-profit levels using shaded zones for clear visual representation.
- Displays the entry level for active positions.
This strategy provides a robust framework for traders to identify and act on trend reversals while maintaining strict risk management. The flexibility of its inputs allows for seamless customization to adapt to various market conditions and trading preferences.
HOD/LOD/PMH/PML/PDH/PDL Strategy by @tradingbauhaus This script is a trading strategy @tradingbauhaus designed to trade based on key price levels, such as the High of Day (HOD), Low of Day (LOD), Premarket High (PMH), Premarket Low (PML), Previous Day High (PDH), and Previous Day Low (PDL). Below, I’ll explain in detail what the script does:
Core Functionality of the Script:
Calculates Key Price Levels:
HOD (High of Day): The highest price of the current day.
LOD (Low of Day): The lowest price of the current day.
PMH (Premarket High): The highest price during the premarket session (before the market opens).
PML (Premarket Low): The lowest price during the premarket session.
PDH (Previous Day High): The highest price of the previous day.
PDL (Previous Day Low): The lowest price of the previous day.
Draws Horizontal Lines on the Chart:
Plots horizontal lines on the chart for each key level (HOD, LOD, PMH, PML, PDH, PDL) with specific colors for easy visual identification.
Defines Entry and Exit Rules:
Long Entry (Buy): If the price crosses above the PMH (Premarket High) or the PDH (Previous Day High).
Short Entry (Sell): If the price crosses below the PML (Premarket Low) or the PDL (Previous Day Low).
Long Exit: If the price reaches the HOD (High of Day) during a long position.
Short Exit: If the price reaches the LOD (Low of Day) during a short position.
How the Script Works Step by Step:
Calculates Key Levels:
Uses the request.security function to fetch the HOD and LOD of the current day, as well as the highs and lows of the previous day (PDH and PDL).
Calculates the PMH and PML during the premarket session (before 9:30 AM).
Plots Levels on the Chart:
Uses the plot function to draw horizontal lines on the chart representing the key levels (HOD, LOD, PMH, PML, PDH, PDL).
Each level has a specific color for easy identification:
HOD: White.
LOD: Purple.
PDH: Orange.
PDL: Blue.
PMH: Green.
PML: Red.
Defines Trading Rules:
Uses conditions with ta.crossover and ta.crossunder to detect when the price crosses key levels.
Long Entry: If the price crosses above the PMH or PDH, a long position (buy) is opened.
Short Entry: If the price crosses below the PML or PDL, a short position (sell) is opened.
Long Exit: If the price reaches the HOD during a long position, the position is closed.
Short Exit: If the price reaches the LOD during a short position, the position is closed.
Executes Orders Automatically:
Uses the strategy.entry and strategy.close functions to open and close positions automatically based on the defined rules.
Advantages of This Strategy:
Based on Key Levels: Uses important price levels that often act as support and resistance.
Easy to Visualize: Horizontal lines on the chart make it easy to identify levels.
Automated: Entries and exits are executed automatically based on the defined rules.
Limitations of This Strategy:
Dependent on Volatility: Works best in markets with significant price movements.
False Crosses: There may be false crosses that generate incorrect signals.
No Advanced Risk Management: Does not include dynamic stop-loss or take-profit mechanisms.
How to Improve the Strategy:
Add Stop-Loss and Take-Profit: To limit losses and lock in profits.
Filter Signals with Indicators: Use RSI, MACD, or other indicators to confirm signals.
Optimize Levels: Adjust key levels based on the asset’s behavior.
In summary, this script is a trading strategy that operates based on key price levels, such as HOD, LOD, PMH, PML, PDH, and PDL. It is useful for traders who want to trade based on significant support and resistance levels.
Zero Lag Signals For Loop [QuantAlgo]Elevate your trend-following investing and trading strategy with Zero Lag Signals For Loop by QuantAlgo , a simple yet effective technical indicator that merges advanced zero-lag mechanism with adaptive trend analysis to bring you a fresh take on market momentum tracking. Its aim is to support both medium- to long-term investors monitoring broader market shifts and precision-focused traders seeking quality entries through its dual-focused analysis approach!
🟢 Core Architecture
The foundation of this indicator rests on its zero-lag implementation and dynamic trend assessment. By utilizing a loop-driven scoring system alongside volatility-based filtering, each market movement is evaluated through multiple historical lenses while accounting for current market conditions. This multi-layered approach helps differentiate between genuine trend movements and market noise across timeframe and asset classes.
🟢 Technical Foundation
Three distinct components of this indicator are:
Zero Lag EMA : An enhanced moving average calculation designed to minimize traditional lag effects
For Loop Scoring System : A comprehensive scoring mechanism that weighs current price action against historical contexts
Dynamic Volatility Analysis : A sophisticated ATR-based filter that adjusts signal sensitivity to market conditions
🟢 Key Features & Signals
The Zero Lag Signals For Loop provides market insights through:
Color-coded Zero Lag line that adapts to trend direction
Dynamic fills between price and Zero Lag basis for enhanced visualization
Trend change markers (L/S) that highlight potential reversal points
Smart bar coloring that helps visualize market momentum
Background color changes with vertical lines at significant trend shifts
Customizable alerts for both bullish and bearish reversals
🟢 Practical Usage Tips
Here's how you can get the most out of the Zero Lag Signals For Loop :
1/ Setup:
Add the indicator to your TradingView chart by clicking on the star icon to add it to your favorites ⭐️
Start with the default Zero Lag length for balanced sensitivity
Use the standard volatility multiplier for proper filtering
Keep the default loop range for comprehensive trend analysis
Adjust threshold levels based on your investing and/or trading style
2/ Reading Signals:
Watch for L/S markers - they indicate validated trend reversals
Pay attention to Zero Lag line color changes - they confirm trend direction
Monitor bar colors for additional trend confirmation
Configure alerts for trend changes in both bullish and bearish directions, ensuring you can act on significant technical developments promptly.
🟢 Pro Tips
Fine-tune the Zero Lag length based on your timeframe:
→ Lower values (20-40) for more responsive signals
→ Higher values (60-100) for stronger trend confirmation
Adjust volatility multiplier based on market conditions:
→ Increase multiplier in volatile markets
→ Decrease multiplier in stable trending markets
Combine with:
→ Volume analysis for trade validation
→ Multiple timeframe analysis for broader context
→ Other technical tools for comprehensive analysis
MULTI TF SCANNERMulti-Timeframe Moving Average Scanner Script
This script is designed to scan multiple timeframes for specific moving average (MA) crossovers to help traders identify potential buy or sell signals. The moving averages, such as the Simple Moving Average (SMA) or Exponential Moving Average (EMA), are calculated for different timeframes, allowing the script to provide a comprehensive analysis of the market trend.
Features:
Multiple Timeframe Analysis:
The script scans across various timeframes, including 5 minutes, 15 minutes, 1 hour, 4 hours, 1 day, and 1 week.
The moving averages are calculated for each of these timeframes, enabling the trader to gauge trends across short, medium, and long-term periods.
MA Crossover Detection:
The script checks for crossovers between a fast-moving average (e.g., 9-period) and a slow-moving average (e.g., 50-period).
A bullish crossover (fast MA crossing above slow MA) signals a potential buy, while a bearish crossover (fast MA crossing below slow MA) signals a potential sell.
Recursive Timeframe Check:
Before generating a buy or sell signal, the script checks for confirmations from higher timeframes.
Signals are only generated when the crossovers align across multiple timeframes (e.g., a buy signal on the 5-minute chart is confirmed by a bullish crossover on the 1-hour and 4-hour charts).
Signal Quality Indicator:
The script assigns a quality score to each signal based on how many higher timeframes confirm the crossover.
A stronger confirmation across multiple timeframes increases the quality of the signal, which can be visualized on the chart.
Optimized for Performance:
The calculations for moving average crossovers are designed to minimize unnecessary recalculations, optimizing the script’s performance and reducing lag.
The multi-timeframe checks are done only when the moving average crossover occurs or changes, ensuring efficiency.
User-Friendly Interface:
The results are displayed on the chart with clear visual cues to indicate the buy/sell signals and signal strength.
The script is minimalistic, with an uncluttered interface, providing the user with only the most relevant information for making trading decisions.
DIN: Dynamic Trend NavigatorDIN: Dynamic Trend Navigator
Overview
The Dynamic Trend Navigator script is designed to help traders identify and capitalize on market trends using a combination of Weighted Moving Averages (WMA), Volume Weighted Average Price (VWAP), and Anchored VWAP (AVWAP). The script provides customizable settings and flexible alerts for various crossover conditions, enhancing its utility for different trading strategies.
Key Features
- **1st and 2nd WMA**: Allows users to set and visualize two Weighted Moving Averages. These can be customized to any period, providing flexibility in trend identification.
- **VWAP and AVWAP**: Incorporates both VWAP and AVWAP, offering insights into price levels adjusted by volume.
- **ATR and ADX Indicators**: Includes the Average True Range (ATR) and Average Directional Index (ADX) to help assess market volatility and trend strength.
- **Flexible Alerts**: Configurable buy and sell alerts for any crossover condition, making it versatile for various trading strategies.
How to Use the Script
1. **Set the WMA Periods**: Customize the periods for the 1st and 2nd WMAs to suit your trading strategy.
2. **Enable VWAP and AVWAP**: Choose whether to include VWAP and AVWAP in your analysis by enabling the respective settings.
3. **Configure Alerts**: Set up alerts for the desired crossover conditions (WMA, VWAP, AVWAP) to receive notifications for potential trading opportunities.
4. **Monitor Signals**: Watch for buy and sell signals indicated by triangle shapes on the chart, which appear at the selected crossover points.
When to Use
- **Best Time to Use**: The script is most effective in trending markets where price movements are well-defined. It helps traders stay on the right side of the trend and avoid false signals during periods of low volatility.
- **When Not to Use**: Avoid using the script in choppy or sideways markets where price action lacks direction. The script may generate false signals in such conditions, leading to potential losses.
Benefits of VWAP and AVWAP
- **VWAP**: The Volume Weighted Average Price provides a price benchmark that adjusts for volume, helping traders identify fair value levels. It is particularly useful for intraday trading and gauging market sentiment.
- **AVWAP**: The Anchored VWAP allows traders to set a starting point for VWAP calculations, providing flexibility in analyzing price levels over specific periods or events. This helps in identifying key support and resistance levels based on volume.
Unique Aspects
- **Customizability**: The script offers extensive customization options for WMA periods, VWAP, AVWAP, and alert conditions, making it adaptable to various trading strategies.
- **Combining Indicators**: By integrating WMAs, VWAP, AVWAP, ATR, and ADX, the script provides a comprehensive view of market conditions, enhancing decision-making.
- **Real-Time Alerts**: The flexible alert system ensures traders receive timely notifications for potential trade setups, improving responsiveness to market changes.
Examples
- **Example 1**: A trader sets the 1st WMA to 8 and the 2nd WMA to 100, enabling the VWAP. When the 1st WMA crosses above the 2nd WMA or VWAP, a buy signal is triggered, indicating a potential long entry.
- **Example 2**: A trader sets the AVWAP to start 30 bars ago and monitors for crossovers with the 1st WMA. When the 1st WMA crosses below the AVWAP, a sell signal is triggered, suggesting a potential short entry.
Final Notes
The Dynamic Trend Navigator script is a powerful tool for traders looking to enhance their market analysis and trading decisions. Its unique combination of customizable indicators and flexible alert system sets it apart from other scripts, making it a valuable addition to any trader's toolkit.
Disclaimer: Never any financial advice. Just ThisGirl loving experimenting with indicators to help myself, as well as others.
Multiple Values TableThis Pine Script indicator, named "Multiple Values Table," provides a comprehensive view of various technical indicators in a tabular format directly on your trading chart. It allows traders to quickly assess multiple metrics without switching between different charts or panels.
Key Features:
Table Position and Size:
Users can choose the position of the table on the chart (e.g., top left, top right).
The size of the table can be adjusted (e.g., tiny, small, normal, large).
Moving Averages:
Calculates the 5-day Exponential Moving Average (5DEMA) using daily data.
Calculates the 5-week and 20-week EMAs (5WEMA and 20WEMA) using weekly data.
Indicates whether the current price is above or below these moving averages in percentage terms.
Drawdown and Williams VIX Fix:
Computes the drawdown from the 365-day high to the current close.
Calculates the Williams VIX Fix (WVF), which measures the volatility of the asset.
Shows both the current WVF and a 2% drawdown level.
Relative Strength Index (RSI):
Displays the current RSI and compares it to the RSI from 14 days ago.
Indicates whether the RSI is increasing, decreasing, or flat.
Stochastic RSI:
Computes the Stochastic RSI and compares it to the value from 14 days ago.
Indicates whether the Stochastic RSI is increasing, decreasing, or flat.
Normalized MACD (NMACD):
Calculates the Normalized MACD values.
Indicates whether the MACD is increasing, decreasing, or flat.
Awesome Oscillator (AO):
Calculates the AO on a daily timeframe.
Indicates whether the AO is increasing, decreasing, or flat.
Volume Analysis:
Displays the average volume over the last 22 days.
Shows the current day's volume as a percentage of the average volume.
Percentile Calculations:
Calculates the current percentile rank of the WVF and ATH over specified periods.
Indicates the percentile rank of the current volume percentage over the past period.
Table Display:
All these values are presented in a neatly formatted table.
The table updates dynamically with the latest data.
Example Use Cases:
Comprehensive Market Analysis: Quickly assess multiple indicators at a glance.
Trend and Momentum Analysis: Identify trends and momentum changes based on various moving averages and oscillators.
Volatility and Drawdown Monitoring: Track volatility and drawdown levels to manage risk effectively.
This script offers a powerful tool for traders who want to have a holistic view of various technical indicators in one place. It provides flexibility in customization and a user-friendly interface to enhance your trading experience.
RSI Trend [MacroGlide]The RSI Trend indicator is a versatile and intuitive tool designed for traders who want to enhance their market analysis with visual clarity. By combining Stochastic RSI with moving averages, this indicator offers a dynamic view of market momentum and trends. Whether you're a beginner or an experienced trader, this tool simplifies identifying key market conditions and trading opportunities.
Key Features:
• Stochastic RSI-Based Calculations: Incorporates Stochastic RSI to provide a nuanced view of overbought and oversold conditions, enhancing standard RSI analysis.
• Dynamic Moving Averages: Includes two customizable moving averages (MA1 and MA2) based on smoothed Stochastic RSI, offering flexibility to align with your trading strategy.
• Candle Color Coding: Automatically colors candles on the chart:
• Blue: When the faster moving average (MA2) is above the slower one (MA1), signaling bullish momentum.
• Orange: When the faster moving average is below the slower one, indicating bearish momentum.
• Integrated Scaling: The indicator dynamically adjusts with the chart's scale, ensuring seamless visualization regardless of zoom level.
How to Use:
• Add the Indicator: Apply the indicator to your chart from the TradingView library.
• Interpret Candle Colors: Use the color-coded candles to quickly identify bullish (blue) and bearish (orange) phases.
• Customize to Suit Your Needs: Adjust the lengths of the moving averages and the Stochastic RSI parameters to better fit your trading style and timeframe.
• Combine with Other Tools: Pair this indicator with trendlines, volume analysis, or support and resistance levels for a comprehensive trading approach.
Methodology:
The indicator utilizes Stochastic RSI, a derivative of the standard RSI, to measure momentum more precisely. By applying smoothing and calculating moving averages, the tool identifies shifts in market trends. These trends are visually represented through candle color changes, making it easy to spot transitions between bullish and bearish phases at a glance.
Originality and Usefulness:
What sets this indicator apart is its seamless integration of Stochastic RSI and moving averages with real-time candle coloring. The result is a visually intuitive tool that adapts dynamically to chart scaling, offering clarity without clutter.
Charts:
When applied, the indicator plots two moving averages alongside color-coded candles. The combination of visual cues and trend logic helps traders easily interpret market momentum and make informed decisions.
Enjoy the game!
Multi Timeframe MAsThis Pine Script indicator, titled "Multi Timeframe MAs," allows you to plot Exponential Moving Averages (EMAs) or Simple Moving Averages (SMAs) from multiple timeframes on a single chart. This helps traders and analysts visualize and compare different moving averages across various timeframes without having to switch between charts.
Key Features:
Multiple Timeframes:
The script supports six different timeframes, ranging from minutes to weekly intervals.
Users can input their desired timeframes, including custom settings such as "60" (60 minutes), "D" (daily), and "W" (weekly).
Moving Average Types:
Users can choose between Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) for each timeframe.
The script utilizes a ternary operator to determine whether to calculate an EMA or an SMA based on user input.
Customizable Periods:
Each moving average can have a different period, allowing for flexibility in analysis.
The default periods are set to commonly used values (e.g., 15, 20, 5, 12).
Visibility Controls:
Users can toggle the visibility of each moving average line, enabling or disabling them as needed.
This feature helps declutter the chart when specific moving averages are not required.
Black Stepped Lines:
All moving averages are plotted as black, stepped lines to provide a clear and consistent visual representation.
This makes it easy to distinguish these lines from other elements on the chart.
Example Use Cases:
Trend Analysis: Compare short-term and long-term trends by visualizing moving averages from different timeframes on a single chart.
Support and Resistance Levels: Identify key support and resistance levels across multiple timeframes.
Cross-Timeframe Strategy: Develop and test trading strategies that rely on the confluence of moving averages from different timeframes.
This script offers a powerful tool for traders and analysts who want to gain deeper insights into market movements by examining moving averages across multiple timeframes. With its customizable settings and user-friendly interface, it provides a versatile solution for a wide range of trading and analytical needs.
Z-Score Indicator by RafIf the z-score goes above 2, this may indicate overbought and If the z-score goes below -2, this may indicate oversold
Tillson T3 Moving Average - Screener mehmet şahin beyler//@version=4
//Developed by Tim Tillson
//author: KIVANÇ @fr3762 on twitter
study("Tillson T3", overlay=true)
T3FiboLine = input(false, title="Show T3 Fibonacci Ratio Line?")
length1 = input(8, "T3 Length")
a1 = input(0.7, "Volume Factor")
e1 = ema((high + low + 2 * close) / 4, length1)
e2 = ema(e1, length1)
e3 = ema(e2, length1)
e4 = ema(e3, length1)
e5 = ema(e4, length1)
e6 = ema(e5, length1)
c1 = -a1 * a1 * a1
c2 = 3 * a1 * a1 + 3 * a1 * a1 * a1
c3 = -6 * a1 * a1 - 3 * a1 - 3 * a1 * a1 * a1
c4 = 1 + 3 * a1 + a1 * a1 * a1 + 3 * a1 * a1
T3 = c1 * e6 + c2 * e5 + c3 * e4 + c4 * e3
col1 = T3 > T3
col3 = T3 < T3
color_1 = col1 ? color.green : col3 ? color.red : color.yellow
plot(T3, color=color_1, linewidth=3, title="T3")
length12 = input(5, "T3 Length fibo")
a12 = input(0.618, "Volume Factor fibo")
e12 = ema((high + low + 2 * close) / 4, length12)
e22 = ema(e12, length12)
e32 = ema(e22, length12)
e42 = ema(e32, length12)
e52 = ema(e42, length12)
e62 = ema(e52, length12)
c12 = -a12 * a12 * a12
c22 = 3 * a12 * a12 + 3 * a12 * a12 * a12
c32 = -6 * a12 * a12 - 3 * a12 - 3 * a12 * a12 * a12
c42 = 1 + 3 * a12 + a12 * a12 * a12 + 3 * a12 * a12
T32 = c12 * e62 + c22 * e52 + c32 * e42 + c42 * e32
col12 = T32 > T32
col32 = T32 < T32
color2 = col12 ? color.blue : col32 ? color.purple : color.yellow
plot(T3FiboLine and T32 ? T32 : na, color=color2, linewidth=2, title="T3fibo")
alertcondition(crossover(T3, T3 ), title="T3 BUY", message="T3 BUY!")
alertcondition(crossunder(T3, T3 ), title="T3 SELL", message="T3 SELL!")
alertcondition(cross(T3, T3 ), title="Color ALARM", message="T3 has changed color!")
Multi Moving AveragesGives option to plot 6 moving averages, could change the type of the moving averages and change their source type as well.
Powers Strategy IndicatorEMA cross with signals. NQ 5/20 and ES 9/30. Wait for cross and then look for pullback. Signal prints on next bullish or bearish candle.
EMA21 and EMA55 CrossoverTradingView will trigger when the 21-period Exponential Moving Average (EMA21) crosses the 55-period Exponential Moving Average (EMA55). The code includes basic alerts for both the crossover and crossunder events.
{Scalping 20-30 pips for TFF Traders}I am not suggest use indicator.
Use indicator 20-30pips only.
SMC Reading strategy
