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WatermarkLook in the lower-left corner of this chart. If you load the script on your chart, you will see how the watermark animates. You can personalize it in the script's "Settings/Inputs" tab to use it in your chart snapshots. Do keep in mind that if you use it when publishing ideas, videos or scripts, House Rules prohibit advertising on your chart. For Pine coders This script uses our new table feature in Pine to position a watermark on the chart, and the new varip type of variable to animate it. Look first. Then leap.
Indicador Pine Script®
por TradingView
36
Quantumvest - Auto LevelsAuthor: Arthur Wayne Description: This script automatically plots levels according to Primetime Trading Academy guidelines. Directions: On the monthly chart, you should select two significant monthly support/resistance levels and input them into the script. It is recommended to mark these levels with the price label tool. The script will then automatically plot 2 monthly 'wings' or additional monthly support/resistance levels above and below the original monthly high and low that are the same distance apart. Located half way in between the monthly levels, there will be weekly support/resistance levels. None of the values will go below 0. These levels should then be used on lower time-frames for technical analysis. There is the option to customize the number of monthly wings, the width of the box surrounds the monthly s/r levels, the x-position of the level labels, as well as the colors for everything. The biggest drawback is that levels will not save in between charts. This is a limitation of Pine Script and how TradingView does not offer the ability to create custom drawing tools, only indicators and strategies. This is why it is recommended to use the price label tool to keep track in between charts for different assets. Regardless, this script should make the process of drawing levels manually far more efficient than it was before.
Indicador Pine Script®
por QuantumvestArthur
Auto Fib Retracement with Buy/SellKey Features of the Advanced Script: Multi-Timeframe (MTF) Analysis: We added an input for the higher timeframe (higher_tf), where the trend is checked on a higher timeframe to confirm the primary trend direction. Complex Trend Detection: The trend is determined not only by the current timeframe but also by the trend on the higher timeframe, giving a more comprehensive and reliable signal. Dynamic Fibonacci Levels: Fibonacci lines are plotted dynamically, extending them based on price movement, with the Fibonacci retracement drawn only when a trend is identified. Background Color & Labels: A background color is added to give a clear indication of the trend direction. Green for uptrend, red for downtrend. It makes it visually easier to understand the current market structure. "Buy" or "Sell" labels are shown directly on the chart to mark possible entry points. Strategy and Backtesting: The script includes strategy commands (strategy.entry and strategy.exit), which allow for backtesting the strategy in TradingView. Stop loss and take profit conditions are added (loss=100, profit=200), which can be adjusted according to your preferences. Next Steps: Test with different timeframes: Try changing the higher_tf to different timeframes (like "60" or "240") and see how it affects the trend detection. Adjust Fibonacci settings: Modify how the Fibonacci levels are calculated or add more Fibonacci levels like 38.2%, 61.8%, etc. Optimize Strategy Parameters: Fine-tune the entry/exit logic by adjusting stop loss, take profit, and other strategy parameters. This should give you a robust foundation for creating advanced trend detection strategies
Indicador Pine Script®
por Arif_Reza
CPR, Camarilla & Moving AverageThis script is created primarily for Intraday trading but can also be used for short and long term trading. This is a combination of Central Pivot Range (CPR), Moving Averages and Camarilla Pivot levels (with inner levels). This helps you to combine the strategies of CPR and Moving Averages to identify the best trading opportunities with greater edge. Central Pivot Range and Camarilla pivots are taken from PivotBoss by Franc Ochoa. Key features: # Daily CPR levels # Weekly CPR levels # Monthly CPR levels # Previous Day High and Lows # Previous Week Highs and Lows # Previous Month Highs and Lows # Camarilla Pivots with inner Levels # CPR Levels for the next Day, Week and Month # 5 Simple moving averages and 5 Exponential Moving Averages What separates this script from other scripts with CPR and Moving averages? # One of the few indicators (if not the only one) which combines the 2 types of Moving Averages, CPR and also Camarilla Pivots. # CPR Levels for not just the next Day, but for next Week(Weekly CPR) and Month(Monthly CPR) also. # Hide the previous day's levels according to your wish. This is the most unique feature of this indicator. You can set the number of Daily CPR levels you want to load in the chart. This is not just for the Daily CPR but also for the Weekly and Monthly CPR also. This makes the chart less cluttered and prevents the candles from getting buried in the indicators. Please notice how the previous day's CPR levels are hidden in the displayed demo chart on the script page. In the chart, only one trading day's data is shown(by default). # This script is OPEN SOURCE. Strategies : For CPR & Camarilla Strategies for intraday trading and swing trading refer to the book 'Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market' by Franklin O. Ochoa. Moving averages strategies : Moving averages can be combined and also used individually for several strategies * 9 EMA can be used as trailing stop loss for strong moving trends that helps you to catch big moves. * 20sma can be used not just trailing stop loss but also for taking re-entry to the trend. * Golden cross - The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside. This indicates a bullish turn in the market. Eg: 50 SMA cuts 200 SMA from below. * Death Cross - The death cross occurs when the short term moving average crosses the long-term average from above. This indicates a bearish turn in the market. Eg: 50 SMA cuts 200 SMA from above. * When 20 SMA is above 50 SMA and 20 SMA and 50 SMA are angling up like parallel lines, then it denotes bullish strength. If this happens right after Golden Cross, big moves to the upside can be expected. * When 20 SMA is below 50 SMA and 20 SMA and 50 SMA are angling down like parallel lines, then it denotes bearish strength. If this happens right after Death Cross, big moves to the downside can be expected. * When 20SMA and 50 SMA are going flat and crossing each other, then it denotes sideways sentiment. Moving average strategies are taken from the book 'How to Make Money in Intraday Trading' by Ashwani Gujral. For learning more about how to combine CPR and Moving averages in your trading please refer to this book.
Indicador Pine Script®
por sudheeshmohan
59
Join data and union of 2 hystorical markets How to create a union from two contiguous Tradingview tickers (series) Francesco Marzolo March 18, 2021 Go to the older ticker of the two, for example CME: SP1! and open it on Tradingview. On the graph thus created, add this script. In the indicator settings select the same ticker as the chart in Symbol1 while in Symbol2 the ticker from which to retrieve the most recent data, for example: SPX500 The operation this script does is examine each bar of the two tickers, where there is a value for the second it holds this one, where it does not exist in second ticker it keeps the value of the first one. This new series is called Merge. So now in the chart there will be 4 series: - that of the original chart without script - the same series loaded via script (Symbol1) - series 2 of "new" data (Symbol2) - the Merge series that "prefers" the Symbol2 data if present, otherwise it shows Symbol1 So now you have to change the visibility of the 4 series to see the differences: - turn off the visibility of the chart indicator - turn off the Symbol1 series in the script properties (old data only) - switch off the Symbol2 series as well (only new data) - switch on the Merge series (new data if existing, old if not present in the new ticker)
Indicador Pine Script®
por franzb0
Random Synthetic Asset GenerationThis script generates pseudo-random asset data . Due to the nature of the random generator, it is impossible to use this indicator as input for other indicators because the instance of the script that the indicator is applied to will automatically be different from the instance that is plotted on the chart. Therefore, the idea is to use this script in other scripts (to make it possible to backtest on random data, for example). The script has four main input parameters. Random Number Generator Method: It supports two methods for generating the pseudo-random numbers (one by Ricardo Santos and one by Wichmann-Hill). Seed: You can specify the seed to use. Each unique seed will generate a unique set of pseudo-random data. Intrabar Volatility: This basically sets how volatile the generated wicks will be (0 = no wicks). Price Multiplier: This is just a multiplier for the generated price data, so that you can scale up or down the generated price data. You can also change the colors of the bars. In addition to this, the indicator also generates random volume. In order to make it possible to show both volume and price, you need to have two identical instances of the indicator. One on the chart, and one in its own panel. Then, go into the Style tab in the indicator settings on the instance in the panel. Untick Up-Candles and Down-Candles boxes, and tick the Volume box. In a similar manner, you can also plot the true range data and the candle change data as well, by ticking one of those boxes instead.
Indicador Pine Script®
por lejmer
13
EMA CrossoversUseful for identifying and receiving alerts about uptrends and downtrends. This script uses two Exponential Moving Averages (EMAs) to find price uptrends and downtrends. An Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points. The script produces uptrend and downtrend signals based on crossovers and divergences between the two EMAs, the user will be able to spot a trend change (when the EMAs crossover) and to determine the strength of the current trend (when the EMAs diverge). It is also posible to get alerts for uptrends and downtrends on the web and mobile app with sound and pop-ups as well as via email. The optimal time to enter and exit the market can be concluded from this trend changes. The user can set their own EMAs, by default they are set to 21 and 55 periods for medium and long term respectively. When the medium term EMA crosses below the long term EMA the asset is in a downtrend and the price will decline, and when the medium term EMA crosses above the long term EMA the asset is in an uptrend and price will increase. This scripts plots the following indicators and signals on the chart to help the user to identify trends: 1.- Medium and long term EMAs as lines overlaid on the price chart. 2.- Up green triangles above bars when the price is on an uptrend and down red triangles below bars when the price is on a downtrend. 3.- Arrows with text to indicate the start of an uptrend or downtrend. The user can enable and disable the indicators and signals as well as set colors and shapes to their liking. This script also lets the user create alerts for uptrends and downtrends. To create a new alert using this script follow this instructions: 1.- Once you added this script to your chart, go to the alerts panel (right on web or bottom tool bar on the mobile app) and add a new alert (alarm clock icon with a plus sign). 2.- A modal window will open. On the “Condition” dropdown menu select “EMA Crossovers”. 3.- On the next dropdown menu (right below the “Condition” one) you can select from two types of alerts “Uptrend started” and “Downtrend started”. 4.- Lastly you can set all the normal alert options and create the alert.
Indicador Pine Script®
por carlosrudriguez
11
Efficient Work [LucF]█  OVERVIEW Efficient Work measures the ratio of price movement from close to close ( resulting work ) over the distance traveled to the high and low before settling down at the close ( total work ). The closer the two values are, the more Efficient Work approaches its maximum value of +1 for an up move or -1 for a down move. When price does not change, Efficient Work is zero. Higher values of Efficient Work indicate more efficient price travel between the close of two successive bars, which I interpret to be more significant, regardless of the move's amplitude. Because it measures the direction and strength of price changes rather than their amplitude, Efficient Work may be thought of as a sentiment indicator. █  CONCEPTS This oscillator's design stems from a few key concepts. Relative Levels Other than the centerline, relative rather than absolute levels are used to identify levels of interest. Accordingly, no fixed levels correspond to overbought/oversold conditions. Relative levels of interest are identified using:  • A Donchian channel (historical highs/lows).  • The oscillator's position relative to higher timeframe values.  • Oscillator levels following points in time where a divergence is identified. Higher timeframes Two progressively higher timeframes are used to calculate larger-context values for the oscillator. The rationale underlying the use of timeframes higher than the chart's is that, while they change less frequently than the values calculated at the chart's resolution, they are more meaningful because more work (trader activity) is required to calculate them. Combining the immediacy of values calculated at the chart's resolution to higher timeframe values achieves a compromise between responsiveness and reliability. Divergences as points of interest rather than directional clues A very simple interpretation of what constitutes a divergence is used. A divergence is defined as a discrepancy between any bar's direction and the direction of the signal line on that same bar. No attempt is made to attribute a directional bias to divergences when they occur. Instead, the oscillator's level is saved and subsequent movement of the oscillator relative to the saved level is what determines the bullish/bearish state of the oscillator. Conservative coloring scheme Several additive coloring conditions allow the bull/bear coloring of the oscillator's main line to be restricted to specific areas meeting all the selected conditions. The concept is built on the premise that most of the time, an oscillator's value should be viewed as mere noise, and that somewhat like price, it only occasionally conveys actionable information. █  FEATURES Plots  • Three lines can be plotted. They are named Main line , Line 2 and Line 3 . You decide which calculation to use for each line:    • The oscillator's value at the chart's resolution.    • The oscillator's value at a medium timeframe higher than the chart's resolution.    • The oscillator's value at the highest timeframe.    • An aggregate line calculated using a weighed average of the three previous lines (see the Aggregate Weights section of Inputs to configure the weights).  • The coloring conditions, divergence levels and the Hi/Lo channel always apply to the Main line, whichever calculation you decide to use for it.  • The color of lines 2 and 3 are fixed but can be set in the "Colors" section of Inputs.  • You can change the thickness of each line.  • When the aggregate line is displayed, higher timeframe values are only used in its calculation when they become available in the chart's history,   otherwise the aggregate line would appear much later on the chart. To indicate when each higher timeframe value becomes available,   a small label appears near the centerline.  • Divergences can be shown as small dots on the centerline.  • Divergence levels can be shown. The level and fill are determined by the oscillator's position relative to the last saved divergence level.  • Bull/bear markers can be displayed. They occur whenever a new bull/bear state is determined by the "Main Line Coloring Conditions".  • The Hi/Lo (Donchian) channel can be displayed, and its period defined.  • The background can display the state of any one of 11 different conditions.  • The resolutions used for the higher timeframes can be displayed to the right of the last bar's value.  • Four key values are always displayed in the Data Window (fourth icon down to the right of your chart):   oscillator values for the chart, medium and highest timeframes, and the oscillator's instant value before it is averaged. Main Line Coloring Conditions  • Nine different conditions can be selected to determine the bull/bear coloring of the main line. All conditions set to "ON" must be met to determine the bull/bear state.  • A volatility state can also be used to filter the conditions.  • When the coloring conditions and the filter do not allow for a bull/bear state to be determined, the neutral color is used. Signal  • Seven different averages can be used to calculate the average of the oscillator's value.  • The average's period can be set. A period of one will show the instant value of the oscillator,   provided you don't use linear regression or the Hull MA as they do not work with a period of one.  • An external signal can be used as the oscillator's instant value. If an already averaged external value is used, set the period to one in this indicator.  • For the cases where an external signal is used, a centerline value can be set. Higher Timeframes  • The two higher timeframes are named Medium timeframe and Highest timeframe . They can be determined using one of three methods:   • Auto-steps: the higher timeframes are determined using the chart's resolution. If the chart uses a seconds resolution, for example,    the medium and highest resolutions will be 15 and 60 minutes.   • Multiples: the timeframes are calculated using a multiple of the chart's resolution, which you can set.   • Fixed: the set timeframes do not change with the chart's resolution. Repainting  • Repainting can be controlled separately for the chart's value and the higher timeframe values.  • The default is a repainting chart value and non-repainting higher timeframe values. The Aggregate line will thus repaint by default,   as it uses the chart's value along with the higher timeframes values. Aggregate Weights  • The weight of each component of the Aggregate line can be set.  • The default is equal weights for the three components, meaning that the chart's value accounts for one third of the weight in the Aggregate. High Volatility  • This provides control over the volatility filter used in the Main line's coloring conditions and the background display.  • Volatility is determined to be high when the short-term ATR is greater than the long-term ATR. Colors  • You can define your own colors for all of the oscillator's plots.  • The default colors will perform well on both white and black chart backgrounds. Alerts  • An alert can be defined for the script. The alert will trigger whenever a bull/bear marker appears in the indicator's display.   The particular combination of coloring conditions and the display of bull/bear markers when you create the alert will thus determine when the alert triggers.   Once the alerts are created, subsequent changes to the conditions controlling the display of markers will not affect the existing alert(s).  • You can create multiple alerts from this script, each triggering on different conditions. Backtesting & Trading Engine Signal Line  • An invisible plot named "BTE Signal" is provided. It can be used as an entry signal when connected to the PineCoders Backtesting & Trading Engine as an external input.   It will generate an entry whenever a marker is displayed. █  NOTES • I do not know for sure if the calculations in Efficient Work are original. I apologize if they are not. • Because this version of Efficient Work only has access to OHLC information, it cannot measure the total distance traveled through all of a bar's ticks, but the indicator nonetheless behaves in a manner consistent with the intentions underlying its design. For Pine coders This code was written using the following standards:  • The PineCoders Coding Conventions for Pine .  • A modified version of the PineCoders MTF Oscillator Framework and MTF Selection Framework .
Indicador Pine Script®
por LucF
17
Hyper Frame Fibo MA RibbonsIntroduction Moving averages are an integral part of the TA world. There are different types of moving averages and each person uses them depending on their strategy and market conditions. Meanwhile, the main variable in calculating the averages is their LENGTH. This value is optional, but not every value is applicable. After much experience in the world of financial markets, I came to the conclusion that although the most popular length values are 20, 50, 100, and 200, the Fibonacci number come with surprising results . Description The following script calculates seven averages with the length of Fibonacci numbers (34, 55, 89, 144, 233, 377 and 610) with the formula of your choice (SMA, EMA, WMA, HMA) and shows that we named it FiboMa . You can also have Bollinger Bands with the desired frame at the same time. This is not the whole story... You can see the same values ​​from smaller or larger frames at the same time! We named this feature Hyper Frame Vision . It is possible to display values ​​for FiboMa up to three hyper frames (with the main frame a total of 4 levels) and in the Bollinger Bands one hyper frame (with the main frame a total of 2 levels). By default, the display of FiboMa hyper frame values ​​is limited to the last 10 bars, which you can change to an arbitrary value by changing the source code. The display of hyper frame values ​​is not limited for Bollinger Band. What is its use? What is it good for? Support and Resistance Using dynamic support / resistance is much smarter than static! This protects you from the risk of many fake breaks, and your profit and loss limits will be more flexible and more efficient. The intersection of FiboMa ribbons are potential points of support / resistance. We use colors to easily identify supports / resistances. Any average lower than the price is assumed as support and displayed in green, and any average above the price is assumed as resistance so displayed in red. So the color of the averages is dynamic. The color of FiboMa is a range from red to green. Whatever colors get saturated , the lenght is longer and the more power it has as support / resistance. Volatility With this script, you also have the ability to monitor the amount of market volatility ! The combination of Bollinger Bands and FiboMa provides a clear view of the market volatility. The decrease and compression of the FiboMa width is a sign of a decrease in volatility and vice versa. Trend I don't see the need for additional explanation, only whenever the price is higher than the middle band , the BB cloud is green , and whenever it is lower , is red . The wider FiboMa means the stronger trend. How to use In the script settings you have the ability to enable or disable anything except. --------------------------------------------- Similar scripts have been published before and we were inspired by them and tried to improve idea and code uniqe one. I hope it will be useful .. Support us with your likes and comments .. We have anothers great script .. Just started.
Indicador Pine Script®
por Algorca
1
Slippage Calculator Hello everyone, This is the first script I publish, also my English is not the best my apologies. This simple study script is an attempt to estimate the slippage during a trade. By no means it is a precise calculation, it is just an approach that can be improved. You are welcome to take this simple script and use it and change it at your convenience just ask your acknowledge. My approach considers the total fluctuation the price gets as a consequence for the total volume on that specific bar. The volume on each bar is given in BTC, thus you get that by using the formula. vol = volume * vwap The total variation in price is considered as twice the size of the bar plus the gap between to consecutive bars. that is the total fluctuation of price on each bar = (2 * (high - low) + abs(open - close )) which is not totally true since inside each bar price can fluctuate a lot more. The script considers you are trading your total equity (eq_BTC ) each time. The fraction of your equity of the volume bar is eq_BTC / vol Then eq_BTC / vol is the portion or the total fluctuation in price that is due to your entry or exit from the market. (2 * (high - low) + abs(open - close )) * eq_BTC / vol is the average change in price due you enter o exit a position. ** the 2 factor accounts for the two directions in the market buying and selling. There is more behind this formula I can explain you in more detail if you like. I haven't seen anywhere a formula like this one, so it is intended to be a first attempt to get a better approach. Finally the output of the scripts is how many ticks the price might change due to your trade on each bar round(slippage/syminfo.mintick) The script is focused in crypto but it can be used as well on forex markets. Take care, @yvponce
Indicador Pine Script®
por yvponce
3
Candlestick Pattern FinderThis script identifies common candlestick patterns and marks them with a tool-tip on the chart. It is a compilation of Tradingview's built-in candlestick finding scripts so it uses the same rules defined by Tradingview to identify the patterns. Instead of using a separate indicator for each candlestick pattern, you can use this script to find all the candlestick patterns with a single indicator. By default, the script does not mark any of the detected patterns on the chart. You will have to open the indicator settings and enable the patterns you would like to see on the chart. There are also three tick-boxes that let you to enable/disable all the selected bearish/bullish/neutral patterns at once, i.e. if you would like to only see bearish patterns, you can disable all the bullish and neutral patterns at once with the corresponding tick boxes. When you enable bullish patterns again, the script will show your selection of bullish patterns again on the chart. When you hover on the tool-tips with your cursor, a short description about the pattern will be displayed.
Indicador Pine Script®
por niko_83
2
Weis Pip Wave jayyWhat you see here is the Weis pip wave.  The Weis pip wave shows how far in price a Weis wave has traveled through the duration of a Weis wave.  The Weis pip wave is used in combination with the Weis cumulative volume wave.  The two waves must be set to the same "wave size" and using the same method as described by Weis. Using the traditional Weis method simply enter the desired wave size in the box "Select Weis Wave Size".  In the example shown, it is set to 5 points.  Each wave for each security and each timeframe requires its own wave size.  Although not the traditional method a more automatic way to set wave size would be to use ATR.  This is not the true Weis method but it does give you similar waves and, importantly, without the hassle of selecting a wave size for every chart. Once the Weis wave size is set then the pip wave will be shown. I have put a zigzag of a 5 point Weis wave on the above bar chart.  I have added it to allow your eye to get a better appreciation for Weis wave pivot points.  You will notice that the wave is not in straight lines connecting wave tops to bottoms this is a function of the limitations of Pinescript version 1.  This script would need to be in version 4 to allow straight lines.  I will elaborate on the Weis pip zigzag script. What is a Weis wave?  David Weis has been recognized as a Wyckoff method analyst he has written two books one of which, Trades About to Happen, describes the evolution of the now popular Weis wave.  The method employed by Weis is to identify waves of price action and to compare the strength of the waves on characteristics of wave strength.  Chief among the characteristics of strength is the cumulative volume of the wave.  There are other markers that Weis uses as well for example how the actual price difference between the start of the Weis wave from start to finish.  Weis also uses time, particularly when using a Renko chart.  Weis specifically uses candle/bar closes to define all wave action.   David Weis did a futures.io video which is a popular source of information about his method. Cheers jayy PS This script was published a day ago, however, I had included some links to the website of a person that uses Weis pip waves and also a dropbox link that contains the Weis wave chart for May 27, 2020, published by David Weis. Providing those links is against TV policy and so the script was hidden by TV.  This is the identical script with the identical settings but without the offending links. If you want to see the pip Weis method in practice then search Weis pip wave. I have absolutely no affiliation.  If you want to see Weis chart in pdf then message me and I will give a link or the Weis pdf.  Why would you want to see the Weis chart for May 27, 2020?  Merely to confirm the veracity of my algorithm.  You could compare my chart () from the same period to the Weis chart. Both waves are for the ES!1 4 hour chart and both for a wave size of 5.
Indicador Pine Script®
por jayy
30
(FRAMA) Fractal Adaptive Moving AverageThis script plots UP TO 4 FRAMAs (Fractal Adaptive Moving Average), a particularly useful adaptive MA which uses fractal price theory to "adapt" itself, or better, to auto-adjust its parameters. It's quite reactive, but its major strength resides in its ability to filter the noise during lateral price movements, avoiding some false signal provided by more common moving averages. By default, the script plots the basic FRAMA version, the one firstly developed by John Ehlers, but also provides the possibility to play with the parameters, to obtain a modified FRAMA. Unfortunately I'm not able to provide web sources about FRAMA here, due to Tradingview policies. So search online if you need more details about FRAMAs. Please show me your support if you like my scripts. Hope you enjoy them.
Indicador Pine Script®
por Bezzus
12
Pivot Point SupertrendHello All, There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more. The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower bands by ATR. As you can see in the algorithm the script gives weigth to past pivot points, this is done for smoothing it a bit. As I wrote above it may keep you in the trend more, lets see an example: As an option the script can show main center line and I realized that when you are in a position, this line can be used as early exit points. (maybe half of the position size) While using Pivot Points, I added support resistance lines by using Pivot Point, as an option the script can show S/R lines: And also it can show Pivot Points: When you changed Pivot Point Period you can see its reaction, in following example PP period is 4 (default value is 2). Smaller PP periods more sensitive trendlines. Alerts added for Buy/Sell entries and Trend Reversals. (when you set alerts use the option " Once Per Bar Close ") ENJOY!
Indicador Pine Script®
por LonesomeTheBlue
217
Linear Regression - Auto Adjust To Ideal Pearson's R (Min & Max)This is meant as a partner to my linear regression strategy script. This one however is just the indicator only so you can overlay the technique over other strategies. To use this script you need to understand what Pearson's R is; which is how correlated a set of data is to a line within a given deviation (+ or -). If the Pearson's R is negative (-) then the trend is going upwards. If the value is positive (+) then the trend is going downwards. There is a lot of debate as to what the ideal negative and positive values are for the Pearson's R, so you can change these in the settings. What the script will do is attempt to automatically find (and draw the trend lines) based on a given minimum period and a maximum period (both set in the settings) that match the ideal Pearson's R settings selected. Ideally the data is MOST correlated the closest it is to -1 or 1. This means the pattern is very reliable. This script was designed and works very well with the bar replay mode. You may need a more professional version of TradingView to use this correctly. This mode allows you to see the script in action as it mutates and changes according to the new data being introduced. I've pre-set the Pearson's R (+) and (-) ranges to what I think is ideal.
Indicador Pine Script®
por Gentleman-Goat
20
Daily RangeHey traders, at first thanks to the one and only Master Educator Stefan Kassing for sharing his legendary system with us! And also credit to Mortdiggiddy , RootDuk and PineCoders for helping me with the script =) This script is calculating the daily range (in pips) of the current market you are in, in relation to the last 70 days (10 weeks) . It is used for a possible Take Profit in Stefan Kassing's System . How to add the script to your chart: 1. Click " Add to Favorite Scripts " -> i.imgur.com 2. Go in the Chart & click the little arrow in the upper bar and then click " Daily Range ", then the Daily Range appears in the top left corner -> i.imgur.com To avoid errors make sure to right-click the Y-Axis on the right side of the chart and then left-click "Scale Price Chart Only" . -> i.imgur.com Also be aware that the daily range is only showing up , if you are in the daily time interval or below and you are not hovering with the cursor over the past candles respectively above or below them . If you are using this script in exotic currencypairs or uncommon other markets , the daily range can be incorrect or not showing up . So don't hesitate contacting me , then I will try to add the markets that you want to. To change the color or the decimal places of the number, you can click the gear in the upper left corner. -> i.imgur.com Happy Pips
Indicador Pine Script®
por AndreSolbach
30
Delta Volume Columns [LucF]Displays delta volume columns using intrabar volume information. Each volume column is divided into three sections: buying, selling and neutral volume. Volume for each section is determined from the volume and price movement of each intrabar at a user-selected lower resolution. Features include: - Choice of color themes for either dark or light chart backgrounds - Delta volume columns - Volume Balance displayed as the difference between the MAs of buying and selling volume - Display of divergences between a bar’s volume balance and the bar’s price movement (example: buying volume > selling volume but close < open). Divergences can be shown in 2 different color schemes (including green/red showing a tentative direction), on volume columns and/or on chart bars - Display of bar by bar volume balance with highlighting of above average volume - Display of the usual total volume MA - Choice of the lower resolution used to retrieve intrabar information - Alerts configurable on any combination of the markers, with control over long/short direction - Choice of 3 different markers: 1. Double bumps: two consecutive bars where buying or selling volume is in the same direction and where volume > volume MA 2. Divergence confirmations: direction of the price bar following a price/volume balance divergence 3. Volume balance shifts: zero level crossings of the volume balance MA delta The chart shows the two main modes of display: - Top pane : shows the stacked volume columns with divergences in orange and the flattened volume balance MAs delta at the bottom of the volume columns. This volume balance is the same shown in the bottom pane. The top pane also shows the instant volume balance strip above the volume columns. The strip’s colors show which of the buying or selling volume was greater, and colors are brighter if the total volume was above the total volume MA. - Bottom pane : shows the volume balance MAs delta with markers 1 and 2. Given that this graphic has no price momentum component, I find quite eerie how it often looks like a momentum-based signal. The default 5 minute intrabar resolution is used in combination with the weekly chart, which is excessive. This script uses a special characteristic of the security() function’s behavior when it is sent to a resolution lower than the chart’s resolution. Details are given in the script’s comments. This method has the advantage of working under more circumstances than some of the other loop-based methods, but it also has its limits. IMPORTANT This is what you need to know: - The method used does not work on the realtime bar—only on historical bars. Consequently, the volume column shown on the realtime bar is a normal volume column plotted in green or red, following price movement. The column will only show delta volume information after it closes and becomes a historical bar. - The indicator only works on some chart resolutions: 5, 10, 15 and 30 minutes, 1, 2, 4, 6, and 12 hours, 1 day, 1 week and 1 month. The script’s code can be modified to run on other resolutions, but chart resolutions must be divisible by the lower resolution used for intrabars. - Intrabar resolutions can be selected from 1, 5, 15, 30, 45 minutes, 1, 2, 3, 4 hours, 1 day, 1 week and 1 month. The intrabar resolution must of course be smaller than the chart’s resolution. - Contrary to my other indicators where alerts must be configured to trigger “Once Per Bar Close” in order to avoid false triggers (or repainting), all this indicator’s alerts are designed to trigger using previous bar information since the indicator’s calculations in the realtime bar are not exact. Markers are not plotted with a negative offset; they appear at the beginning of the realtime bar following confirmation of the marker’s condition on the previous bar. Alerts for this indicator should thus be configured to trigger “Once Per Bar” so they trigger at the beginning of the realtime bar. Note that the penalty is not that great, as it is simply the instant between the close of the previous realtime bar and the opening of the next. The advantage of using this technique is that the indicator does not repaint; a marker that appears at the beginning of the realtime bar will never disappear. - The script only plots information that is reliable in the realtime bar, i.e., total volume and markers. All other plots are set to n/a to prevent misleading traders. - When the difference between the chart’s resolution and the lower resolution is too important, volume columns will not calculate for all bars in the dataset. On Delta Volume Buying or selling volume are misnomers, as every unit of volume transacted is both bought and sold by 2 different traders. There is no such thing as “buy only” or “sell only” volume, but trader lingo is riddled with original fabulations. Without access to order book information, traders work with the assumption that when price moves up during a bar, there was more buying pressure than selling pressure. The built-in volume indicator available on TradingView uses this logic to color the volume columns green or red. While this script’s numbers are more precise because it analyses a number of intrabars to calculate its information, it uses the exact same imperfect logic to calculate its buying/selling/neutral sections. Until Pine scripts can have access to how much volume was transacted at the bid/ask prices, our so-called buying/selling volume information will always be a mere proxy. Divergences You may wonder how there can be divergences between buying/selling volume information and price movement. This will sometimes be due to the methodology’s shortcomings we have just discussed, but divergences may also occur in instances where because of order book structure, it takes less volume to increase the price of an asset than it takes to decrease it. As usual, divergences are points of interest because they reveal imbalances, which may or may not become turning points. I do not share the overwhelming enthusiasm traders have for divergences. To your pattern-hungry brain, the orange bars this indicator shows on chart will—as divergences on other indicators do–appear to often indicate turnarounds. My opinion is that reality is generally quite sobering, as many who have tried building automated rules based on divergences will tell you. I do not have hard numbers on the lack of performance of divergences—only many failed attempts to make them perform, which a few experienced strategy modelers I know share with me. Please don’t try to read too much into them. While they look great on past data, I find they are often difficult to use in realtime to make bets with good odds. Thanks to: - A guy called Kuan who commented on a Backtest Rookies presentation of an intrabar delta volume indicator using a for loop. The heart of “my” indicator is code borrowed from Kuan; I just built a hopefully useful wrapper around it. - @theheirophant, my partner in the exploration of the sometimes weird abysses of security() ’s behavior at lower resolutions.
Indicador Pine Script®
por LucF
69
Triangular Moving Average (TMA) bandsWhat in the world is up folks ??!?? Here's the indicator of the day. Sharing a simple one today because I'm busy coding for a few clients (fun life of a top script author on TradingView) The TMA bands is an indicator that I discovered on FXCM a few years ago FXCM TMA bands From the screenshot above, we see that when the price hits the lower band, it's a possible reverse BUY signal. When it hits the upper band, it's a possible SELL signal Methodology 1) The Take Profit 1 is the middle line, Take Profit 2 is the opposite band. 2) Once the TP1 is hit, set your Stop Loss to breakeven 3) Once the TP2 is hit, if you still want to stay in the trade, set your Stop Loss to the TP1 That's what we call a trailing stop loss which I offered in the Trade Manager : Trade-Manager-Open-Source-Version/ It will be a powerful tool in your arsenal for some scalp/intraday trades After years of coding for traders, I worked with many brokers/API/languages so I'm very used to convert a script from a broker to another one (shameless self-advertising) PS Tomorrow I'll share the Signal version of my Algorithm Builder: You'll be able to connect it in a single click to a very cool Backtest System made by the Pinescripters community In other words, I'm selling the scripts to allow you to build your own signals in a few clicks AND to connect it easily to a kick-ass backtesting tool. More to come tomorrow Hope you'll like it, like me, love it, love me, tip me :) ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. (Meaning... a few likes only = no indicators = Dave enjoying the beach) - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Indicador Pine Script®
por Daveatt
34
vdubongCustom script I fabricated which I use for Binary Trading on the 1m & 3m charts together with Price action & Time management but the principles are the same for all mediums. Use Price action buy/sell in the clear zones. Use the outer 'pink' horizontal lines (highs / lows / pivots points) to place SL's. I personally run an additional BB 50/2 for clearer BB higher highs & lower low perspective, but it's not part of the script. Script variables are fully customisable. I don't take ownership of any part of the script, I not a programmer /script writer just a dabbler. Enjoy :) - VDUBONG UPDATED
Indicador Pine Script®
por vdubus
1
Order Flow Hawkes Process [ScorsoneEnterprises]This indicator is an implementation of the Hawkes Process. This tool is designed to show the excitability of the different sides of volume, it is an estimation of bid and ask size per bar. The code for the volume delta is from www.tradingview.com Here’s a link to a more sophisticated research article about Hawkes Process than this post arxiv.org This tool is designed to show how excitable the different sides are. Excitability refers to how likely that side is to get more activity. Alan Hawkes made Hawkes Process for seismology. A big earthquake happens, lots of little ones follow until it returns to normal. Same for financial markets, big orders come in, causing a lot of little orders to come. Alpha, Beta, and Lambda parameters are estimated by minimizing a negative log likelihood function. How it works There are a few components to this script, so we’ll go into the equation and then the other functions used in this script. hawkes_process(params, events, lkb) => alpha = clamp(array.get(params, 0), 0.01, 1.0) beta = clamp(array.get(params, 1), 0.1, 10.0) lambda_0 = clamp(array.get(params, 2), 0.01, 0.3) intensity = array.new_float(lkb, 0.0) events_array = array.new_float(lkb, 0.0) for i = 0 to lkb - 1 array.set(events_array, i, array.get(events, i)) for i = 0 to lkb - 1 sum_decay = 0.0 current_event = array.get(events_array, i) for j = 0 to i - 1 time_diff = i - j past_event = array.get(events_array, j) decay = math.exp(-beta * time_diff) past_event_val = na(past_event) ? 0 : past_event sum_decay := sum_decay + (past_event_val * decay) array.set(intensity, i, lambda_0 + alpha * sum_decay) intensity The parameters alpha, beta, and lambda all represent a different real thing. Alpha (α): Definition: Alpha represents the excitation factor or the magnitude of the influence that past events have on the future intensity of the process. In simpler terms, it measures how much each event "excites" or triggers additional events. It is constrained between 0.01 and 1.0 (e.g., clamp(array.get(params, 0), 0.01, 1.0)). A higher alpha means past events have a stronger influence on increasing the intensity (likelihood) of future events. Initial value is set to 0.1 in init_params. In the hawkes_process function, alpha scales the contribution of past events to the current intensity via the term alpha * sum_decay. Beta (β): Definition: Beta controls the rate of exponential decay of the influence of past events over time. It determines how quickly the effect of a past event fades away. It is constrained between 0.1 and 10.0 (e.g., clamp(array.get(params, 1), 0.1, 10.0)). A higher beta means the influence of past events decays faster, while a lower beta means the influence lingers longer. Initial value is set to 0.1 in init_params. In the hawkes_process function, beta appears in the decay term math.exp(-beta * time_diff), which reduces the impact of past events as the time difference (time_diff) increases. Lambda_0 (λ₀): Definition: Lambda_0 is the baseline intensity of the process, representing the rate at which events occur in the absence of any excitation from past events. It’s the "background" rate of the process. It is constrained between 0.01 and 0.3 .A higher lambda_0 means a higher natural frequency of events, even without the influence of past events. Initial value is set to 0.1 in init_params. In the hawkes_process function, lambda_0 sets the minimum intensity level, to which the excitation term (alpha * sum_decay) is added: lambda_0 + alpha * sum_decay Alpha (α): Strength of event excitation (how much past events boost future events). Beta (β): Rate of decay of past event influence (how fast the effect fades). Lambda_0 (λ₀): Baseline event rate (background intensity without excitation). Other parts of the script. Clamp The clamping function is a simple way to make sure parameters don’t grow or shrink too much. ObjectiveFunction This function defines the objective function (negative log-likelihood) to minimize during parameter optimization.It returns a float representing the negative log-likelihood (to be minimized). How It Works: Calls hawkes_process to compute the intensity array based on current parameters.Iterates over the lookback period:lambda_t: Intensity at time i.event: Event magnitude at time i.Handles na values by replacing them with 0.Computes log-likelihood: event_clean * math.log(math.max(lambda_t_clean, 0.001)) - lambda_t_clean.Ensures lambda_t_clean is at least 0.001 to avoid log(0).Accumulates into log_likelihood.Returns -log_likelihood (negative because the goal is to minimize, not maximize). It is used in the optimization process to evaluate how well the parameters fit the observed event data. Finite Difference Gradient: This function calculates the gradient of the objective function we spoke about. The gradient is like a directional derivative. Which is like the direction of the rate of change. Which is like the direction of the slope of a hill, we can go up or down a hill. It nudges around the parameter, and calculates the derivative of the parameter. The array of these nudged around parameters is what is returned after they are optimized. Minimize: This is the function that actually has the loop and calls the Finite Difference Gradient each time. Here is where the minimizing happens, how we go down the hill. If we are below a tolerance, we are at the bottom of the hill. Applied After an initial guess the parameters are optimized with a mix of bid and ask levels to prevent some over-fitting for each side while keeping some efficiency. We initialize two different arrays to store the bid and ask sizes. After we optimize the parameters we clamp them for the calculations. We then get the array of intensities from the Hawkes Process of bid and ask and plot them both. When the bids are greater than the ask it represents a bullish scenario where there are likely to be more buy than sell orders, pushing up price. Tool examples: The idea is that when the bid side is more excitable it is more likely to see a bullish reaction, when the ask is we see a bearish reaction. We see that there are a lot of crossovers, and I picked two specific spots. The idea of this isn’t to spot crossovers but avoid chop. The values are either close together or far apart. When they are far, it is a classification for us to look for our own opportunities in, when they are close, it signals the market can’t pick a direction just yet. The value works just as well on a higher timeframe as on a lower one. Hawkes Process is an estimate, so there is a leading value aspect of it. The value works on equities as well, here is NASDAQ:TSLA on a lower time frame with a lookback of 5. Inputs Users can enter the lookback value and timeframe. No tool is perfect, the Hawkes Process value is also not perfect and should not be followed blindly. It is good to use any tool along with discretion and price action.
Indicador Pine Script®
por ScorsoneEnterprises
Tetris with Auto-PlayThis indicator is implemented in Pine Script™ v6 and serves as a demonstration of TradingView's capabilities. The core concept is to simulate a classic Tetris game by creating a grid-based environment and managing game state entirely within Pine Script. Key Technical Aspects: Grid Representation: The script defines a custom grid structure using a user-defined type that holds the grid’s dimensions and a one-dimensional array to simulate a two-dimensional board. This structure is used to track occupied cells, clear full rows, and determine stack height. Piece Management: A second custom type is used to represent the state of a tetromino piece, including its type, rotation, and position. The code includes functions to calculate the block offsets for each tetromino based on its rotation state. Collision Detection and Piece Locking: Dedicated functions check for collisions against the grid borders and existing blocks. When a collision is detected during a downward move, the piece is locked into the grid, and any complete lines are cleared. AIgo-Driven Placement: The script incorporates a simple heuristic to determine the best placement for the next tetromino. It simulates different rotations and horizontal positions, evaluating each based on aggregated column height, cleared lines, holes, and bumpiness. This decision-making process is encapsulated in an AI-like function that returns the optimal rotation and placement. Rendering Using Tables: The visual representation is managed via TradingView’s table objects. The game board is rendered with a bordered layout, while a separate preview table displays the next piece and the current score. Each cell is updated with text and background colors that correspond to the state of the game. Execution Flow and Timing: The main execution loop handles real-time updates by dropping pieces at set intervals and checking for game-over conditions. The code leverages persistent variables and time comparisons to control game speed and manage transitions between piece drops. Executing: Add the indicator to the chart It starts playing itself till game over There are no parameters to change in this version but the grid in the code directly p.s. Sadly we have no interactive buttons in the current pinescript versions to play ourself, but its about the possibilitys what we could do ;-) Maybe in a future version there is more possible, if i find time to enhance and expand the idea Have fun :-)
Indicador Pine Script®
por djmad
11
Smart Range Breakout - SwiftEdgeDescription: The "Smart Range Breakout - SwiftEdge" indicator is a custom tool designed for identifying potential breakout opportunities on a 1-minute chart, with a focus on volatile markets like the DAX index. This script introduces a unique approach by combining range consolidation detection with volume confirmation and breakout validation, tailored for short-term trading strategies. How It Works: The indicator identifies consolidation periods where the price range (difference between the highest high and lowest low over a user-defined length) is below a multiple of the Average True Range (ATR). This helps detect periods of low volatility, which often precede breakouts. Once a consolidation is confirmed (minimum number of bars), a green box is drawn on the chart, spanning a fixed length of bars (default 50), representing the potential breakout zone. Breakouts are signaled only when a candle opens above the upper boundary (box top) or below the lower boundary (box bottom) of the consolidation box, ensuring a clear entry point based on price action at the open. The script includes a volume filter, requiring volume to exceed a moving average by a specified multiplier, and a confirmation period to validate the breakout over consecutive bars. To avoid signal clutter, only one breakout signal (up or down) is generated per box, and no further signals are issued until a new consolidation box is formed. How to Use: Apply the indicator to a 1-minute chart (optimized for DAX or similar volatile indices). Adjust the "Consolidation Length" (default 5) to set the lookback period for detecting consolidation. Modify the "Range Threshold (ATR Multiplier)" (default 2.0) to make the consolidation detection more or less strict based on market volatility. Use "Minimum Consolidation Bars" (default 2) to set the minimum duration of a consolidation phase. Tune "Confirmation Bars" (default 1) to require more bars to confirm the breakout. Set "Volume MA Length" (default 5) and "Volume Multiplier" (default 1.1) to filter breakouts with insufficient volume. Adjust "Max Box Length" (default 50) to control the duration of the breakout zone on the chart. Look for green triangles below the chart for bullish breakouts and red triangles above for bearish breakouts, occurring when a candle opens outside the box with confirmed volume. Originality: This script stands out by integrating a fixed-length consolidation box with an opening-price breakout condition, combined with volume and multi-bar confirmation. Unlike traditional breakout indicators that rely solely on closing prices or simple price thresholds, this approach prioritizes the opening price and limits signals to one per cycle, reducing noise in volatile markets. Chart Notes: The accompanying chart displays the indicator's output with green boxes indicating consolidation zones, yellow dots marking consolidation periods, and green/red triangles for breakout signals. No additional scripts or unrelated drawings are included to ensure clarity.
Indicador Pine Script®
por SwiftEdge
*Auto Backtest & Optimize EngineFull-featured Engine for Automatic Backtesting and parameter optimization. Allows you to test millions of different combinations of stop-loss and take profit parameters, including on any connected indicators. ⭕️ Key Futures Quickly identify the optimal parameters for your strategy. Automatically generate and test thousands of parameter combinations. A simple Genetic Algorithm for result selection. Saves time on manual testing of multiple parameters. Detailed analysis, sorting, filtering and statistics of results. Detailed control panel with many tooltips. Display of key metrics: Profit, Win Rate, etc.. Comprehensive Strategy Score calculation. In-depth analysis of the performance of different types of stop-losses. Possibility to use to calculate the best Stop-Take parameters for your position. Ability to test your own functions and signals. Customizable visualization of results. Flexible Stop-Loss Settings: • Auto ━ Allows you to test all types of Stop Losses at once(listed below). • S.VOLATY ━ Static stop based on volatility (Fixed, ATR, STDEV). • Trailing ━ Classic trailing stop following the price. • Fast Trail ━ Accelerated trailing stop that reacts faster to price movements. • Volatility ━ Dynamic stop based on volatility indicators. • Chandelier ━ Stop based on price extremes. • Activator ━ Dynamic stop based on SAR. • MA ━ Stop based on moving averages (9 different types). • SAR ━ Parabolic SAR (Stop and Reverse). Advanced Take-Profit Options: • R:R: Risk/Reward ━ sets TP based on SL size. • T.VOLATY ━ Calculation based on volatility indicators (Fixed, ATR, STDEV). Testing Modes: • Stops ━ Cyclical stop-loss testing • Pivot Point Example ━ Example of using pivot points • External Example ━ Built-in example how test functions with different parameters • External Signal ━ Using external signals ⭕️ Usage ━ First Steps: When opening, select any point on the chart. It will not affect anything until you turn on Manual Start mode (more on this below). The chart will immediately show the best results of the default Auto mode. You can switch Part's to try to find even better results in the table. Now you can display any result from the table on the chart by entering its ID in the settings. Repeat steps 3-4 until you determine which type of Stop Loss you like best. Then set it in the settings instead of Auto mode. * Example: I flipped through 14 parts before I liked the first result and entered its ID so I could visually evaluate it on the chart. Then select the stop loss type, choose it in place of Auto mode and repeat steps 3-4 or immediately follow the recommendations of the algorithm. Now the Genetic Algorithm at the bottom right will prompt you to enter the Parameters you need to search for and select even better results. Parameters must be entered All at once before they are updated. Enter recommendations strictly in fields with the same names. Repeat steps 5-6 until there are approximately 10 Part's left or as you like. And after that, easily pour through the remaining Parts and select the best parameters. ━ Example of the finished result. ━ Example of use with Takes You can also test at the same time along with Take Profit. In this example, I simply enabled Risk/Reward mode and immediately specified in the TP field Maximum RR, Minimum RR and Step. So in this example I can test (3-1) / 0.1 = 20 Takes of different sizes. There are additional tips in the settings. ━ * Soon you will start to understand how the system works and things will become much easier. * If something doesn't work, just reset the engine settings and start over again. * Use the tips I have left in the settings and on the Panel. ━ Details: Sort ━ Sorting results by Score, Profit, Trades, etc.. Filter ━ Filtring results by Score, Profit, Trades, etc.. Trade Type ━ Ability to disable Long\Short but only from statistics. BackWin ━ Backtest Window Number of Candle the script can test. Manual Start ━ Enabling it will allow you to call a Stop from a selected point. which you selected when you started the engine. * If you have a real open position then this mode can help to save good Stop\Take for it. 1 - 9 Сheckboxs ━ Allow you to disable any stop from Auto mode. Ex Source - Allow you to test Stops/Takes from connected indicators. Connection guide: //@version=6 indicator("My script") rsi = ta.rsi(close, 14) buy = not na(rsi) and ta.crossover (rsi, 40) // OS = 40 sell = not na(rsi) and ta.crossunder(rsi, 60) // OB = 60 Signal = buy ? +1 : sell ? -1 : 0 plot(Signal, "🔌Connector🔌", display = display.none) * Format the signal for your indicator in a similar style and then select it in Ex Source. ⭕️ How it Works Hypothesis of Uniform Distribution of Rare Elements After Mixing. 'This hypothesis states that if an array of N elements contains K valid elements, then after mixing, these valid elements will be approximately uniformly distributed.' 'This means that in a random sample of k elements, the proportion of valid elements should closely match their proportion in the original array, with some random variation.' 'According to the central limit theorem, repeated sampling will result in an average count of valid elements following a normal distribution.' 'This supports the assumption that the valid elements are evenly spread across the array.' 'To test this hypothesis, we can conduct an experiment:' 'Create an array of 1,000,000 elements.' 'Select 1,000 random elements (1%) for validation.' 'Shuffle the array and divide it into groups of 1,000 elements.' 'If the hypothesis holds, each group should contain, on average, 1~ valid element, with minor variations.' * I'd like to attach more details to My hypothesis but it won't be very relevant here. Since this is a whole separate topic, I will leave the minimum part for understanding the engine. Practical Application To apply this hypothesis, I needed a way to generate and thoroughly mix numerous possible combinations. Within Pine, generating over 100,000 combinations presents significant challenges, and storing millions of combinations requires excessive resources. I developed an efficient mechanism that generates combinations in random order to address these limitations. While conventional methods often produce duplicates or require generating a complete list first, my approach guarantees that the first 10% of possible combinations are both unique and well-distributed. Based on my hypothesis, this sampling is sufficient to determine optimal testing parameters. Most generators and randomizers fail to accommodate both my hypothesis and Pine's constraints. My solution utilizes a simple Linear Congruential Generator (LCG) for pseudo-randomization, enhanced with prime numbers to increase entropy during generation. I pre-generate the entire parameter range and then apply systematic mixing. This approach, combined with a hybrid combinatorial array-filling technique with linear distribution, delivers excellent generation quality. My engine can efficiently generate and verify 300 unique combinations per batch. Based on the above, to determine optimal values, only 10-20 Parts need to be manually scrolled through to find the appropriate value or range, eliminating the need for exhaustive testing of millions of parameter combinations. For the Score statistic I applied all the same, generated a range of Weights, distributed them randomly for each type of statistic to avoid manual distribution. Score ━ based on Trade, Profit, WinRate, Profit Factor, Drawdown, Sharpe & Sortino & Omega & Calmar Ratio. ⭕️ Notes For attentive users, a little tricks :) To save time, switch parts every 3 seconds without waiting for it to load. After 10-20 parts, stop and wait for loading. If the pause is correct, you can switch between the rest of the parts without loading, as they will be cached. This used to work without having to wait for a pause, but now it does slower. This will save a lot of time if you are going to do a deeper backtest. Sometimes you'll get the error “The scripts take too long to execute.” For a quick fix you just need to switch the TF or Ticker back and forth and most likely everything will load. The error appears because of problems on the side of the site because the engine is very heavy. It can also appear if you set too long a period for testing in BackWin or use a heavy indicator for testing. Manual Start - Allow you to Start you Result from any point. Which in turn can help you choose a good stop-stick for your real position. * It took me half a year from idea to current realization. This seems to be one of the few ways to build something automatic in backtest format and in this particular Pine environment. There are already better projects in other languages, and they are created much easier and faster because there are no limitations except for personal PC. If you see solutions to improve this system I would be glad if you share the code. At the moment I am tired and will continue him not soon. Also You can use my previosly big Backtest project with more manual settings(updated soon)
Indicador Pine Script®
por HALDRO
13
Uwen FX: UWEN StrategyThis Pine Script defines a trading indicator called "Uwen FX: UWEN Strategy" Where ideas coming from Arab Syaukani and modified by Fiki Hafana. It combines a CCI-based T3 Smoothed Indicator with a MACD overlay. Here's a breakdown of what it does: Key Components of the Script: 1. CCI (Commodity Channel Index) with T3 Smoothing Uses a T3 smoothing algorithm on the CCI to generate a smoother momentum signal. The smoothing formula is applied iteratively using weighted averages. The final result (xccir) is plotted as a histogram, colored green for bullish signals and red for bearish signals. 2. MACD (Moving Average Convergence Divergence) The MACD is scaled to match the range of the smoothed CCI for better visualization. Signal Line and MACD Line are plotted if showMACD is enabled. The normalization ensures that MACD values align with the CCI-based indicator. 3. Bar Coloring for Trend Indication Green bars indicate a positive trend (pos = 1). Red bars indicate a negative trend (pos = -1). Blue bars appear when the trend is neutral. How It Can Be Used: Buy Signal: When the xccir (smoothed CCI) turns green, indicating bullish momentum. Sell Signal: When xccir turns red, indicating bearish momentum. MACD Confirmation: Helps confirm the trend direction by aligning with xccir. I will add more interesting features if this indicator seems profitable
Indicador Pine Script®
por fikihafana