MTFT Last HML wOpen, TheStrat Suite (3of5)Multi Time Frame Tools
Multi Time Frame Tools (MTFT) is a suite of scripts aimed to establish a standard timeframe-based color scheme. This can be utilized to overlay different timeframes calculations/values over a single timeframe. As one example, this would allow to observe the 5-month moving average, 5-week moving average, and 5-day moving average overlaid over each other. This would allow to study a chart, get accustomed to the color scheme and study all these at the same time much easier.
All indicators calculated using the below specific timeframes as input, will always use the color scheme outlined below. This is to get you in habit of recognizing the different timeframes overlaid in top of each other. These can be personalized.
Longer TF analysis.
Yearly - Black
Semi-Annual - Yellow
Quarterly - White
Monthly - Maroon
Weekly - Royal Blue
Daily - Lime
Shorter TF analysis.
4 hour - Fuchsia
1 hour - Orange
30 min - Red
15 min - Brown
10 min - Purple
5 min - Lilac
All color coordination is able to be modified in either the “Inputs” or “Style” section. If you need to make changes, make sure to select “Save as Default” on the bottom right of the settings menu.
Recommended Chart Color Layout
I played around with color coordination a lot. The final product was what worked best for me. I personally use the following chart settings to accent all available TF colors.
-> Click on the settings wheel on your chart. -> Click on “Appearance”.
Background - Solid -> On the top row pick the 6th color from the left.
Vert Grid Lines and Horz Grid Lines -> On the top row pick the 7th color from the left.
You may of course change these and the indicator line colors as you like.
Adding indicator to Chart
-> Open the TradingView “Indicators & Strategies” library, the icon has “ƒx”. -> All premium scripts will be located under “Invite-Only Scripts” -> Click indicator to add to your chart.
MTFT TheStrat Suite (5 Scripts)
Rob Smith is the creator of ‘TheStrat’ trading strategy. For ‘TheStrat’ I have put together a suite of 5 premium scripts that combined will offer people interested in learning ‘TheStrat’ a cleaner learning process. For 2 of the 5 scripts specifically, the MTFT approach of overlaying multiple longer timeframes(TF) over a shorter TF selected as a display cannot be utilized. The other 2 scripts will have full MTFT functionality and they are my personal favorite. I will be providing very basic info to utilize this script; it is up to you to dive deep into learning this strategy. I am not an expert with the tool or a financial advisor. As with all aspects of life, I recommend you research, learn, discern and practice extensively in order to become a master.
1. MTFT Patterns Pro/Noob
2. MTFT Full Time Frame Continuity Table
*3. MTFT Last HML wOpen
4. MTFT Actionable Signal Targets
5. MTFT Reversal Lines
MTFT Last HML wOpen, TheStrat Suite (3of5)
Plots previous High, Mean(50% line), and Low of the previous candlestick and the open for the active TF. This allows you to see how TheStrat Absolute Truths move within the different timeframes. In the image below you see the monthly TF selected. Price on the monthly candlestick has created several reversals up and down.
Now Utilizing this tool, you get to see how priced moved on the daily TF with the previous monthly HML lines plotted(Maroon lines) over the active month so you can see exactly how the absolute truths occur inside each month. Notice the previous High/Low are a thicker width then the Mean, this outlines more clearly which of the lines you are looking at. I’ve included some comments on basic observations.
Now for contrast, below I show you the daily TF selected with the previous quarter HML lines plotted(White lines) over the active quarter.
Script Features includes:
1. Three Timeframes per script instance. Example below shows 3 timeframes in use, Yearly(Black Lines), Quarterly( White Lines), and Monthly (Maroon Lines) on the weekly timeframe candlestick. This is where using a timeframe-based color scheme per individual timeframe will come in very handy. The open of the active timeframe is displayed using the small circles that make a line. The displayed open feature is another way to track full time frame continuity if you are tracking the open of several timeframes. The open of the active timeframe is displayed using the small circles that make a line.
2. 20 different TF to pick from per slot. Timeframes(TF) include: Yearly(Y), Semi-annually(S), Quarterly(Q), Monthly(M), 2-Week(2W), Weekly(W), 3-Day(3D), Daily(D), 12 hour, 8 hour, 6 hour, 4 hour, 3 hour, 2 hour, 1 hour, 30 min, 15 min, 10 min, 5 min. Notice: 2W, 3D, 2D, 12h, 8h, 6h, 3h, and 2h don’t have a supported color scheme as I do not personally use them. They are available to pick from in the timeframe selection and you can set a color for these timeframes under the “Unsupported Color Scheme” section in the settings menu for the script if you would like to use them.
3. Enable/Disable High, Mean, Low or Open on any of the timeframe slots. Custom selection of plots will create clarity in observing timeframe-based analysis. Example below shows the Yearly Open enabled on a Monthly timeframe candlestick selected, along with the 6-month HML lines(This is similar to the quarter, the semi-annual)it shows how the start of the year gave a clear direction several times in the past few years for BTC/USD. A similar analysis can be done across multiple settings. TheStrat Actionable Signals paired with ideas like these can be great setups.
4. Auto-hide timeframes based on specific timeframes selected. For this script, I look for HML lines to have at least 4 total candlesticks within the selected TF. I disable any setting that has 3 or less candlesticks. This applies to all timeframes. This will allow for you to leave several instances of the script in your chart and zoom in and out to see macro/micro levels of a chart. The example below has 2 different instances of the script enabled, first instance (Y, Q, M), and second instance (W, D, 4h). with the Month candlestick selected. Notice how only the Year HML plots are displayed. All other lower timeframes are hidden, this will allow for an easy transition into a lower timeframe analysis.
Same example as above, but now with the Weekly timeframe candlestick selected. Notice that without changing any settings on the scripts the Quarterly (White) and Monthly (Maroon) are now visible.
One more time, this time with the 30m candlestick timeframe selected. Notice that without changing any settings on the scripts the Day(Green) and the 4 hour(Pink) plots appear.
5. Custom Width Selection in script settings per plot type, High, Mean, Low and Open.
IMPORTANT NOTE for TradingView Admin: One of the lessons I would consider most important in attaining clarity regarding trading, is “TheStrat” by Rob Smith. His lesson on “actionable signals” is something that can be applied to any strategy. For this reason, I am including “MTFT TheStrat Patterns Pro” script in all images that will depict confluence for a better trade selection.
Example using TheStrat Pro MTFT with this indicator.
Look for a “TheStrat actionable signal” or a “TheStrat Reversal signal” on a smaller timeframe that has an instance of this indicator on a larger timeframe calculation that is in range of the candlestick that formed your actionable signal. This means that the indicators plot you are observing must be above the low and below the high of the candlestick that is the actionable signal/reversal signal. Image below shows what this would look like with this indicator.
The Image below shows what this would look like with this indicator. The selected timeframe is the Daily, it shows an ‘H’ char below which is an indication of a Hammer Actionable signal and the low from last week is in range showing some potential support. This actionable signal is meant to be played for LONGS. If the high is breached than you would enter a LONG position. For targets you would look at the previous pivots, for this example all targets were hit. This won’t always play out so nice and clean, but given that there is so many stocks and so many signals this is just a thought to improve the quality of the signal as it has extra confluence.
Pesquisar nos scripts por "high low"
NSDT MA High-LowThis may seem like a pretty basic Moving Average indicator but I haven't seen one that changes the calculation point depending if the market is going up or down.
I've added three EMA's (length of 20) on this sample chart to demonstrate the differences. These are not included with the indicator.
Green, EMA calculated on High
Red, EMA calculated on Low
Yellow, EMA calculated on Close (default)
Blue, EMA calculated on HIGH when rising but on LOW when falling. (looks at 3 candles back to gauge direction)
* * * Note you can choose between 5 different Moving Average types
Notice how the Blue line (when going up it's calculated on the High) is catching up to the Green line (which is already calculated on the High)?
Notice how the Blue line (when going down so it's calculated on the Low) is catching up to the Red line (which is already calculated on the Low)?
This gives a faster response in the direction of the market because it switches between calculating on the High or Low based on market direction.
This script is free and open source.
ArtiumPro Main Market StructureThis indicator maps out Market Structure using real time price action rather than simply pulling "pivot" points. Use to see at a glance where a BOS or CHoCH has occurred and where the current and historic highs and lows are.
- M-BOS happens when a main break of structure occurs (trend continuation) the continuation of a bullish or bearish trend.
User setting change line style, color and transparency & turn off text, change text color and transparency
- M-CHoCH happens when a Change of Character occurs (trend change) this is the 1st sign of a possible change of the trend direction from bullish to bearish or bearish to bullish
User setting change line style, color and transparency & turn off text, change text color and transparency
- M-swh & M-swl are the current active unmitigated highs and lows
- User setting for M-swh & M-swl allows you to chose the amount of active highs / lows you want to see on the chart. this can be used at a glace to see where potential liquidity may be laying. If you only want to see the last most current
high an low you can turn on the "just last active" option box.
- User settings to turn on or off the old mitigated highs lows making it easy to see at a glance when old highs and lows have been broken or swept. The label for this is also customizable to user preference.
High and Low Fibonacci Pivot PointsThis is a standard fibonacci retracement level indicator and free to use for all. I couldn't find any decent retracement levels that works for me (and definitely wasted money on paid script access that didn't work so well for my trading style), so I created this for my own use and now sharing it with the TradingView community. Fibonacci retracement levels help traders predict key areas where a stock/security may find support or resistance. The common ratios are available, such as 23.6, 38.2, 61.8 and so forth. You can choose from Day, Week or Month for your fibonacci retracement lines. In order to keep in sync with my particular style of keeping charts nice and clean, I've created this indicator with defaults to use friendly color schemes. You can of course, choose another color, etc... that fits your own taste. All of my published scripts utilize TradingView's version 5 scripting.
Main Features:
- Show or hide pre-market high and lows (the pre-market high & lows are hidden by default)
- Show or hide the 1-hour 20 EMA line (hidden by default, as this is more uncommon than the 1-hour 50 EMA line for potential support or resistance)
- Show or hide the 1-hour 50 EMA line
- Show or hide the fibonacci retracement lines (the 50% line is hidden by default)
- Option to allow the fibonacci retracement lines to start out the first few minutes of market open to use the pre-market high & low. Once the stock/security price breaks either the pre-market high or pre-market low, it reverts to using the day's high and low. This only works on chart timeframes under the daily time frame.
FYI:
All customizable settings have a help/info window. Please refer to the help/info window, if you're unsure of what a setting does what. Also, note that I wrote and published this script after market close, so I haven't had the chance to check/test if everything works, which can only be fully verified during market open hours (for non-crypto securities).
* Please note that this script is in its early beta stage and there could be bugs. This is being provided as is and the information provided by this script is meant for informational/entertainment purposes only.
TL - VR Pivot PointsPivot Points with mid levels used in the VR Piv Strat.
Pivots are calculated using the following formula:
R3: R1 + (High-Low)
R2: Pivot + (High-Low)
R1: 2 * Pivot - Low
Pivot: (High + Low + Close)/3
S1: 2 * Pivot - High
S2: Pivot - (High - Low)
S3: S1 - (High - Low)
CCI Swing and resistance [zavaUnni] The candles you see on this indicator is the value open price, closing price, high, and low is converted to a selected index value.
Select from selectable settings: rsi , cci , mfi , or stochstic
The default indicator is set to cci .
O_ = ta. cci (open,i_length)
H_ = ta. cci (high,i_length)
L_ = ta. cci (low,i_length)
C_ = ta. cci (close,i_length)
Like the close, open, high, low price, the MA value is converted to the selected index and displayed as a yellow line
short_A = ta. sma (close, short_lenA)
short = ta. cci (short_A,i_length2)
The MA length can be converted from the set value and is defaulted to 5 days.
If C_ is above short, it looks like a teal color, and if C_ is below, it looks like a red color.
-High and low -
When the selected index reaches the oversold value, it finds a high value, and when it reaches the oversold value, it finds a low value.
Oversold and overbought values can be changed in the setting, and the default setting is 100 and -100.
The default setting is recommended unless otherwise noted.
The method of finding the low value is to find the lowest value (var) when the index crosses from 100 to reach -100, until it rises to 100.
The same is true of finding high values.
It was marked with a teal color when going from oversold to oversold, and red color when going down from oversold to oversold.
-os, ob and resistances-
The bar at the top and bottom of the index shows resistance, over-buying, and over-selling values
Over-buying and over-selling values are hidden, so you can change them to be seen if necessary.
1. The volume is large, but if the change rate of candlestic(spred_rate) is not large, resistance has occurred.
2. If thespred_rate is excessively large compared to the volume , oversold or oversold occurs.
Based on the above two basic theories, we created the following formula to derive the strength of the resistance.
Resistance Index = spred_rate / volume
We find the average value of the resistance Index,
If the spred_rate is higher than the predicted value, it is oversold or oversold.
If the spred_rate value is lower than the predicted value, the resistance was derived as the issuance signal.
The larger the deviation from the predicted value, the higher the saturation.
The presence of bright red can be seen as a result of greater resistance.
The same goes for over-buying and over-selling prices
The brighter the gray, the more spread without trading volume , and it can be judged that it is not a true bull or a true bear.
[GARUFI] High/Low Day, Week, Month and Year-With this indicator you can easily identify where are the core High and Lows on the chart, with the following options:
Daily High and Low
Weekly High and Low
Monthly High and Low
Yearly High and Low
The indicator looks to the last period on each setting and you can select the color and line presentation for each timeframe option.
TheStrat Teach V2This indicator was coded to help me see, learn and trade TheStrat. Please share with the wider community and good luck trading. See my profile signature for contact details or questions.
// BAR NUMBERS
Using the 1, 2, 3 numbering system on the chart allows you to quickly see various combinations.
- Possibility to up/down ARROWS or the “U/D” text
- Decide which number to show and the colour
- Position and colouring are editable of numbers and bars (1, 2, 3)
- Limited to the last 100 candles for performance.
// TARGET LINES
Add target HIGH and LOW lines with custom timeframe option (default D and previous candle) to identify the target lines for long and short move.
- Possible to reposition target candle focus to previous or current candle
- Added the 50% line for visual reference or use in 0.5 retracement
- Also, possible to show both bull/bears 0.618 lines
- Ability to change all line colours and style
//HIGHER TIME FRAME
Four custom time frames can be selected to show their timeframe HIGH/LOW on lower timeframes which allows you to keep track of important price ranges on higher timeframes.
- Default to M, W, D, 1 hour including pricing labels on each HIGH/LOW line
- Able to change all line colours and styles
// TheSTRAT patterns
Once enabled it shows the various patterns historically for learning purposes to help identify the various #TheSTRAT combo or for to back test patterns.
- Patterns: 2-1-2/1-2-2/3-2-2/3-1-2/2-2-2 Randy Jackson/3-2/2-2/1-3/3-1/Pivot MG
- Added Hammers and Shooters labels
//ALERTS
Added alert conditions to setup alerts on target H/L lines and all four custom H/L lines.
- Triggers when price movement crosses above the HIGH line
- Triggers when price movement crosses below the LOW line
// INFO PANEL
The info panel is a summary information area to show Full Time Frame Continuity (FTFC) and suggests possible actionable setup on the current chart. It is possible to disable sections.
ATR(D) : shows the daily movement potential of the stock over the last 14 days
Num # : Take the percentage drawdown of portfolio size amount divided by the current stock price (15% of 5000 = 750 drawdown max)
Risk $lg : Stop loss risk amount long - shows price difference between the current candle low and previous candle low, assuming you use this for your stop loss x Num #
Risk $lg : Stop loss risk amount short - shows price difference between the current candle low and previous candle low, assuming you use this for your stop loss x Num #
H/4H/D/W/M : Full Time Continuity (FTC) to see if open is above (green) or below (red) close of current candle in that time frame
Actionable? : Suggest if current view have a possible #TheStrat actionable combo
VocsOng Intraday Support ResistanceOverview
This indicator is meant for intraday trading, mainly designed for SPX . The main purpose of this indicator is to mark out the key levels of support and resistance for intraday.
There are 9 main support and resistance that forms this intraday support resistance indicator.
1. Today's Open
Today's open is often a neglected area because by default change percentage is always based on yesterday close. So having a line drawn for today's open is the very starting point.
2. Yesterday Close
3. Yesterday High
4. Yesterday Low
Yesterday Close, High, Low are important intraday trading areas, it is very common that price action resist at this area.
5. Past 4 Days Calculated Estimated High (YesterdayClose + (EstimatedRange/2) :: EstimatedRange = Nearest day x0.4, followed by 0.3, 0.2, 0.1)
6. Past 4 Days Calculated Estimated Low (YesterdayClose - (EstimatedRange/2) :: EstimatedRange = Nearest day x0.4, followed by 0.3, 0.2, 0.1)
This is a calculated estimated high/low range based on past 4 days range. Weighing the nearest day heaviest of 40%, followed by 30%, 20%, 10%.
This calculated high/low area apparently also act as good support and resistance area sometimes.
7. Expected Move High (YesterdayClose + VIX/100 * SquareRoot(1/365))
8. Expected Move Low (YesterdayClose - VIX/100 * SquareRoot(1/365))
This is the formula used to calculate expected move LIVE based on current VIX. This is based from today's open.
9. 1.5% to 2% from SPX Open today
This marks out a zone where SPX is 1.5% to 2% away from today's open. This gives a general guide on a fix percentage change based on today's open.
Statistically, SPX close within 1.5% change from today's open 93.18% of the time in the past 10 years.
How I use them?
First to note, this indicator works best on 1 minute chart. Other timeframe might not be that accurate.
All these are intraday support and resistance. They can be simply use as support and resistance by default.
In addition to that, 7,8,9 are also used as overbought/oversold indicator because they are centered to today's open.
As SPX move towards 7,8,9, it shows how overbought or oversold it is.
I use this indicator with SPX 0 dte options trading.
So as SPX approaches the oversold area, and near any of the support, I will sell a 30 wide put credit spread at 5 delta away or $1 target credit.
This trade entry goes together with a bracket take profit (80%) and stop loss (200%) OCO order.
Volume Adaptive Chikou Scalping StudyIDEA PLACEMENT
This indicator uses “Chikou” cross concept of Ichimoku cloud indicator and enhances usage of High/Low data with Volume Breakout and Volatility based dynamic adaption.
I’ve been working on making Moving Averages more adaptive based on Volume Breakout and Volatility but as we know Mas work better on close values. I wanted to create a study that may have maximum data available and that’s how I came up with the concept of making adaptive Ichimoku Cloud. Except, I used different concept than Ichimoku. As we know that Tenkan-sen and Kijun-sen from Ichimoku Cloud average out highest and lowest values within 26 and 9 period respectively but I tried making it Volume Breakout and Volatility based Adaptive but couldn’t get better results.
Along the way I came up with an idea of instead of averaging out just keeping the High/Low values data separate and intact and to do so I took Linear regression of High values of Volume Breakout and Volatility based Adaptive dynamic period and similarly with Low values.
Then the strategy was to use Chikou for crossover and crossunder indication and for this purpose I used Chikou with same dynamic length as used before in High/Low linear regression.
The idea becomes simple as when Adaptive Dynamic Chikou crosses Adaptive Dynamic Linear Regression of High/Low values then Lowest / Highest value within current Adaptive Dynamic Length becomes the next Support / Resistance.
SIGNALS
Not every Chikou cross would give signal instead signal should be supported by either Volume Breakout or Volatility whatever you have selected from.
FIBONACCI EVELOPE BANDS
I’ve included ATR based Fibonacci multiple bands which would act as good support/resistance zones.
DEFAULT SETTINGS
I’ve set default Minimum length to 20 and Maximum length to 50 which I’ve found works best for almost all timeframes but you can change this delta to adpat your timeframe accordingly with more precision.
Dynamic length adoption is enabled based on both Volume and Volatility but only one or none of them can also be selected.
Trend signals verification is enabled based on Volume but Volatility can also be enabled for more precise confirmations.
In “RVSI” settings TFS Volume Oscillator is set to default but others work good too especially Volume Zone Oscillator. For more details about Volume Breakout you can check “MZ RVSI Indicator”
ATR breakout is set to be true if period 14 exceeds period 46 but can be changed if more adaption with volatility is required.
FURTHER ENHANCEMENTS
I’ve used Linear Regression of High/Low values because I found better results with it but SMA and HMA can also be used. I’m planning to perpetually use this study for Dynamically length adaption and trades confirmations in other strategies.
Jeges JigsThis is a combination of all my old indicators, with an added feature for trend lines (inspiration for this came from Wedge Maker script thanks to veryfid, I hope he doesn't mind).
This script looks for a period with increased volatility , as measured by ATR ( Average True Range ), then it looks for a high or a low in that area.
When price is above EMA (400 is default, can be changed), it looks for the highs and adds multiples of ATR to the high. Default values for multipliers are 3,9 and 27, meaning that the script will show 3xATR level above the high, 9xATR above the high and 27xATR above the high.
When price is below EMA it looks for the lows and subtracts multiples of ATR from the low.The script will show 3xATR level below the low, 9xATR below the low and 27xATR below the low.
Multipliers values can be changed as well, making it a versatile tool that shows potential levels of suppport/resistance based on the volatility .
Possible use cases:
Breakout trading, when price crosses a certain level, it may show potential profit targets for trades opened at a breakout.
Stoploss helper. Many traders use ATR for their stoplosses, 1 ATR below the swing low for long trades and 1 ATR above the swing high for short trades are common values used by many traders. In this case, the Lookback value comes handy, if we want to look maybe at a more recent value for swing high/low point.
It highlights ATR peaks, it also displays Bollinger bands of SMA400 (or Ema), breakouts for upper/lower bands.
Another thing you get is Parabolic SAR and Zigzag based on SAR.
Quantum Basic Radar PanelOverview
One of the biggest issues trading any market is in keeping track of trading opportunities as they arise across all the various timeframes without having multiple monitors or charts open and this is where the Radar Panel steps in. Using TradingView’s Table function, we have incorporated a host of our leading indicators on the panel which can be applied to any timeframe and from which you can instantly spot opportunities as they arise whether in terms of trend, reversals, volatility, or volume. In addition, when using a scanner such as this, it also highlights broad sentiment if, for example, you have added currency pairs from the same matrix or a group of stocks from the same sector. And you can of course have multiples open across the various timeframes.
The Quantum Radar Panel is a powerful indicator that keeps track of indicator signals of up to 10 different symbols in real time. For each symbol, it can display the current signals of 4 Quantum Trading indicators namely:
Quantum Tick Volumes
Quantum Dynamic Price Pivots
Quantum Dynamic Volatility
Quantum Live Camarilla Levels
It can also display the current Open, High, Low, and Close prices of each symbol. Each indicator has 1 or more columns allotted to them to display information about their respective signals. Below we will discuss what each indicator does and how it displays its signals in the Radar Panel.
Tick Volumes
Volume is a powerful leading indicator, yet few traders ever take advantage of its awesome power. Why? Because identifying volume trends using the standard indicator can be confusing, and judging volume height even more so!
The Quantum Tick Volumes indicator takes a simple tool and makes it come to life! First, it paints the volume bar to match the candle. This makes it quick and easy to identify buying and selling volume with the associated price action.
Second, the Quantum Tick Volume indicator displays a dynamic mid-point, instantly telling you whether volumes are high, average or low in the session. No more guesswork! Volume analysis made simple – making it easy to spot profitable trading opportunities – fast!
In the Radar Panel, the Tick Volumes indicator displays 2 columns -Volume and Midpoint.
Columns
Volume – this column displays the current volume of the symbol and changes colors according to the sentiment of the current candle.
Midpoint – this column displays half of the highest volume bar within the current day and it is visible in intraday timeframes only
Dynamic Price Pivots
The Quantum Dynamic Price Pivots indicator could best be described as the Swiss army knife of trading. Power, simplicity and functionality all in one tool. Many traders struggle to identify reversal points based on price action alone. Why? Because you need to have a complete understanding of candlesticks, candles and candle patterns.
The dynamic pivot appears once a three-candle price pattern is created. This is one of the first signs of a possible change in sentiment, based on the price action alone. A pivot high in an uptrend, and pivot low in a down trend. So, whether you are trading long or short, the Quantum Dynamic Price Pivots indicator will instantly give you a visual signal to – pay attention! Powerful, yet so simple, and two indicators in one!
In the Radar Panel, the Dynamic Price Pivots indicator displays the last signal (isolated high or isolated low) and the number of bars since it was last seen.
Column
Last Signal – this column displays the last pivot arrow that appeared in the chart in the form of an upward (isolated low) or downward (isolated high) arrow and the number of bars since it was detected. The cell turns yellow when the arrow is seen in the last 3 bars or less.
Dynamic Volatility
Volatility can be both good and bad. Great for making money fast. Not so good when you’re on the losing side! But how do you know when a market is volatile. Is the price action you are seeing normal for that currency pair? And more importantly, what is normal?
The Quantum Dynamic Volatility indicator is designed with one objective in mind. To show you, dynamically volatile price action. You then decide, based on the price action, whether to wait, or take advantage. One of the hardest things to learn in trading, is when to stay out. The Quantum Dynamic Volatility indicator makes this child’s play – keep you safe. It could almost be called your safety belt!
In the Radar Panel, the Dynamic Volatility indicator displays the number of bars since a volatile candle was last seen.
Column
Last Signal – this column displays the number of bars since a volatile candle was detected. The cell turns magenta when the signal is seen in the last 3 bars or less.
Live Camarilla Levels
What is the Camarilla protocol, how does it work and what will it do for me?
Put simply it is a chameleon of an indicator and will appeal whether you are a more discretionary type of trader, making and taking decisions yourself, or if you prefer a more systematic or mechanical approach often associated with an EA for example. With the Camarilla levels indicator both approaches can be embraced and accommodated.
The Camarilla protocol has its roots in the open outcry trading pits, where traders considered floor pivots an essential tool. Based on these original ideas and incorporating the Camarilla equation we have developed a unique indicator which delivers clear and precise price-based support and resistance levels, which act as targets for profits, triggers for potential reversals, signals for possible breakouts, and finally stop loss placement. So, if you’re a swing or reversal trader, it’s the perfect indicator. Equally if you prefer breakout trading, again it’s the perfect indicator. And all with predetermined and clear levels for any price objectives and profit targets, with stop loss placement covered also.
In other words, a complete indicator, and one which is delivered with potential trading setups built in to help you see when key levels are being approached or breached. And to help you further when using the indicator, we have also included some simple messages to guide you as the various levels are approached and tested.
In the Radar Panel, the Live Camarilla Levels indicator displays the 12 Camarilla levels in descending order, R6 to R1 and S1 to S6, as well as the Analysis based on where the current price is situated among the 12 levels.
Columns
Analysis – this column displays messages that can guide you as the various levels are approached and tested.
R6 – R1, S1 – S6 (12 columns) – these columns display the 12 Camarilla levels calculated for the current timeframe and each one changes colors depending on the current price
OHLC Prices
Apart from the 4 Quantum indicators, the Radar Panel also displays the current OHLC prices of each symbol.
Open
High
Low
Close
Their color changes depending on the current price action.
With the portability of the TradingView platform, having the Radar Panel in your set of tools truly puts all the power of 4 Quantum indicators right at your fingertips. Get yours now.
Quantum Radar PanelOverview
One of the biggest issues trading any market is in keeping track of trading opportunities as they arise across all the various timeframes without having multiple monitors or charts open and this is where the Radar Panel steps in. Using TradingView’s Table function, we have incorporated a host of our leading indicators on the panel which can be applied to any timeframe and from which you can instantly spot opportunities as they arise whether in terms of trend, reversals, volatility, or volume. In addition, when using a scanner such as this, it also highlights broad sentiment if, for example, you have added currency pairs from the same matrix or a group of stocks from the same sector. And you can of course have multiples open across the various timeframes.
The Quantum Radar Panel is a powerful indicator that keeps track of indicator signals of up to 10 different symbols in real time. For each symbol, it can display the current signals of 6 Quantum Trading indicators namely:
Quantum Tick Volumes
Quantum Dynamic Price Pivots
Quantum Dynamic Volatility
Quantum Trends
Quantum Trend Monitor
Quantum Live Camarilla Levels
It can also display the current Open, High, Low, and Close prices of each symbol. Each indicator has 1 or more columns allotted to them to display information about their respective signals. Below we will discuss what each indicator does and how it displays its signals in the Radar Panel.
Tick Volumes
Volume is a powerful leading indicator, yet few traders ever take advantage of its awesome power. Why? Because identifying volume trends using the standard indicator can be confusing, and judging volume height even more so!
The Quantum Tick Volumes indicator takes a simple tool and makes it come to life! First, it paints the volume bar to match the candle. This makes it quick and easy to identify buying and selling volume with the associated price action.
Second, the Quantum Tick Volume indicator displays a dynamic mid-point, instantly telling you whether volumes are high, average or low in the session. No more guesswork! Volume analysis made simple – making it easy to spot profitable trading opportunities – fast!
In the Radar Panel, the Tick Volumes indicator displays 2 columns -Volume and Midpoint.
Columns
Volume– this column displays the current volume of the symbol and changes colors according to the sentiment of the current candle.
Midpoint – this column displays half of the highest volume bar within the current day and it is visible in intraday timeframes only
Dynamic Price Pivots
The Quantum Dynamic Price Pivots indicator could best be described as the Swiss army knife of trading. Power, simplicity and functionality all in one tool. Many traders struggle to identify reversal points based on price action alone. Why? Because you need to have a complete understanding of candlesticks, candles and candle patterns.
The dynamic pivot appears once a three-candle price pattern is created. This is one of the first signs of a possible change in sentiment, based on the price action alone. A pivot high in an uptrend, and pivot low in a down trend. So, whether you are trading long or short, the Quantum Dynamic Price Pivots indicator will instantly give you a visual signal to – pay attention! Powerful, yet so simple, and two indicators in one!
In the Radar Panel, the Dynamic Price Pivots indicator displays the last signal (isolated high or isolated low) and the number of bars since it was last seen.
Column
Last Signal – this column displays the last pivot arrow that appeared in the chart in the form of an upward (isolated low) or downward (isolated high) arrow and the number of bars since it was detected. The cell turns yellow when the arrow is seen in the last 3 bars or less.
Dynamic Volatility
Volatility can be both good and bad. Great for making money fast. Not so good when you’re on the losing side! But how do you know when a market is volatile. Is the price action you are seeing normal for that currency pair? And more importantly, what is normal?
The Quantum Dynamic Volatility indicator is designed with one objective in mind. To show you, dynamically volatile price action. You then decide, based on the price action, whether to wait, or take advantage. One of the hardest things to learn in trading, is when to stay out. The Quantum Dynamic Volatility indicator makes this child’s play – keep you safe. It could almost be called your safety belt!
In the Radar Panel, the Dynamic Volatility indicator displays the number of bars since a volatile candle was last seen.
Column
Last Signal – this column displays the number of bars since a volatile candle was detected. The cell turns magenta when the signal is seen in the last 3 bars or less.
Trends
All traders know that price is a leading indicator. Yet few traders ever discover how to correctly interpret the start of a new trend, or indeed the end of an old one. To add further complexity, markets spend over 70% of their time in congestion, moving sideways in a narrow range. The traders worst enemy.
What’s the answer? Step forward – the Quantum Trends indicator. With this simple and elegant indicator, dynamic trends are painted for you instantly and dynamically, in real time. In trading any market, you need to be quick on your feet, and the Quantum Trends indicator delivers in spades! But even better, not only will it signal your possible entry and exit, but it also signals a market in congestion – equally important. Knowing when to stay out, is just as important as knowing when to get in.
In the Radar Panel, the Trends indicator displays where the last trend dot is heading and the sentiment of the dot or the trend direction.
Columns
Dot – this column displays whether the current trend dot is going upwards, downwards, or sideways
Trend Direction – this column displays the sentiment of the current trend dot and its color
Trend Monitor
One of the hardest things to do in trading, is to stay in, and take the maximum profit from any position. You know how it goes. You get in and all is going well. Then the market reverses. You get frightened, and close out. What happens next?
Yes, you guessed it – the market reverses again and starts to move fast. Now it’s too late. You have missed out on some great profits, and are left wishing you had stayed in.
That’s why we developed the Quantum Trend Monitor. It does just that. It monitors the strength of the trend. It will help you stay in, when your emotion is telling you to get out. The Trend Monitor will give you the confidence, not just to stay in, but to take the maximum profit from each and every trade.
In the Radar Panel, the Trend Monitor indicator displays where the trend line (one of Trend Monitor’s 2 modes) is heading at and the current sentiment or trend direction.
Columns
Trend Line – in the indicator proper, the trend line shows the progression or steepness of the trend’s momentum, and this information is simplified as the direction of the line, whether it is going upwards, downwards, or sideways.
Trend Direction – this column displays the current sentiment and its color
Live Camarilla Levels
What is the Camarilla protocol, how does it work and what will it do for me?
Put simply it is a chameleon of an indicator and will appeal whether you are a more discretionary type of trader, making and taking decisions yourself, or if you prefer a more systematic or mechanical approach often associated with an EA for example. With the Camarilla levels indicator both approaches can be embraced and accommodated.
The Camarilla protocol has its roots in the open outcry trading pits, where traders considered floor pivots an essential tool. Based on these original ideas and incorporating the Camarilla equation we have developed a unique indicator which delivers clear and precise price-based support and resistance levels, which act as targets for profits, triggers for potential reversals, signals for possible breakouts, and finally stop loss placement. So, if you’re a swing or reversal trader, it’s the perfect indicator. Equally if you prefer breakout trading, again it’s the perfect indicator. And all with predetermined and clear levels for any price objectives and profit targets, with stop loss placement covered also.
In other words, a complete indicator, and one which is delivered with potential trading setups built in to help you see when key levels are being approached or breached. And to help you further when using the indicator, we have also included some simple messages to guide you as the various levels are approached and tested.
In the Radar Panel, the Live Camarilla Levels indicator displays the 12 Camarilla levels in descending order, R6 to R1 and S1 to S6, as well as the Analysis based on where the current price is situated among the 12 levels.
Columns
Analysis – this column displays messages that can guide you as the various levels are approached and tested.
R6 – R1, S1 – S6 (12 columns) – these columns display the 12 Camarilla levels calculated for the current timeframe and each one changes colors depending on the current price
OHLC Prices
Apart from the 6 Quantum indicators, the Radar Panel also displays the current OHLC prices of each symbol.
Open
High
Low
Close
Their color changes depending on the current price action.
With the portability of the TradingView platform, having the Radar Panel in your set of tools truly puts all the power of 6 Quantum indicators right at your fingertips. Get yours now.
ATR Mark Up/DownThis script looks for a period with increased volatility, as measured by ATR (Average True Range), then it looks for a high or a low in that area.
When price is above EMA (200 is default, can be changed), it looks for the highs and adds multiples of ATR to the high. Default values for multipliers are 3,9 and 27, meaning that the script will show 3xATR level above the high, 9xATR above the high and 27xATR above the high.
When price is below EMA it looks for the lows and subtracts multiples of ATR from the low.The script will show 3xATR level below the low, 9xATR below the low and 27xATR below the low.
Multipliers values can be changed as well, making it a versatile tool that shows potential levels of suppport/resistance based on the volatility.
Possible use cases:
Breakout trading, when price crosses a certain level, it may show potential profit targets for trades opened at a breakout.
Stoploss helper. Many traders use ATR for their stoplosses, 1 ATR below the swing low for long trades and 1 ATR above the swing high for short trades are common values used by many traders. In this case, the Lookback value comes handy, if we want to look maybe at a more recent value for swing high/low point.
The levels shown by this indicator are not guaranteed to be or not to be reached by price, these levels should be used in confluence with other indicators and looked at as a visual helper.
That's all, hope you enjoy it!
PS.
*It does not plot the ATR. I don't know how to do it and IF it can be done
** It does not plot the EMA. If necessary,it can be added in a future update
Multi Level ZigZag Harmonic PatternsLets make things bit complicated.
Main difference between this script and the earlier Multi Zigzag Harmonic Pattern is the calculation logic of Zigzag 2, 3 and 4
In the earlier script, all zigzags were plain and were calculated on the basis of different lengths. (Such as 5, 10, 15, 20). These were derived on the basis of Multi Zigzag indicator
In this script, Zigzag 2, 3 and 4 are calculated in slightly different way. They are calculated on the basis of previous zigzag. This means, Zigzag 1 will be the input for Zigzag2 calculation and Zigzag 2 will be the input for Zigzag3 and so on. This is demonstrated in the script - Multi Level Zigzag
One important parameter which is specific to this script is: UseZigZagChain
If checked:
Zigzag2 is formed based on Zigzag1
Zigzag3 is formed based on Zigzag2
Zigzag4 is formed based on Zigzag3
This can lead to patterns covering huge number of candles as this chaining causes exponential effect in each levels. (Effective length grows exponentially in each level)
If unchecked:
Zigzag2 is formed based on Zigzag1 (Same as when checked)
Zigzag3 is formed based on Zigzag1. But, length is set to zigzag2Length + zigzag3Length
Zigzag4 is formed based on Zigzag1. But, length is set to zigzag2Length + zigzag3Length + zigzag4Length
This reduces exponential increase of zigzag lengths over next levels.
Logical ratios of patterns are coded as below:
Notations:
Lines XABCD forms the pattern in all cases. (OXABCD in case of Three drives )
abc = BC retacement of AB, xab = AB retracement of XA and so on
ABCD Classic
0.618 <= abc <= 0.786
1.272 <= bcd <= 1.618
AB=CD
Price difference between AB and CD are equal
Time difference between AB and CD are equal
ABCD Extension
0.618 <= abc <= 0.786
1.272 <= AD/ BC (price) <= 1.618
Gartley
xab = 0.618
0.382 <= abc <= 0.886
1.272 <= bcd <= 1.618 OR xad = 0.786
Crab
0.382 <= xab <= 0.618
0.382 <= abc <= 0.886
2.24 <= bcd <= 3.618 OR xad = 1.618
Deep Crab
xab = 0.886
0.382 <= abc <= 0.886
2.0 <= bcd <= 3.618 OR xad = 1.618
Bat
0.382 <= xab <= 0.50
0.382 <= abc <= 0.886
1.618 <= bcd <= 2.618 OR xad = 0.886
Butterfly
xab = 0.786
0.382 <= abc <= 0.886
1.618 <= bcd <= 2.618 OR 1.272 <= xad <= 2.618
Shark
xab = 0.786
1.13 <= abc <= 1.618
1.618 <= bcd <= 2.24 OR 0.886 <= xad <= 1.13
Cypher
0.382 <= xab <= 0.618
1.13 <= abc <= 1.414
1.272 <= bcd <= 2.0 OR xad = 0.786
Three Drives
oxa = 0.618
1.27 <= xab <= 1.618
abc = 0.618
1.27 <= bcd <= 1.618
5-0
1.13 <= xab <= 1.618
1.618 <= abc <= 2.24
bcd = 0.5
Double Bottom
Last two pivot High Lows make W shape
Last Pivot Low is higher than previous Last Pivot Low.
Last Pivot High is lower than previous last Pivot High.
Price has not gone below Last Pivot Low
Price breaks out of last Pivot High to complete W shape
Double Top
Last two pivot High Lows make M shape
Last Pivot Low is higher than previous Last Pivot Low.
Last Pivot High is lower than previous last Pivot High.
Price has not gone above Last Pivot High
Price breaks out of last Pivot Low to complete M shape
MM RemixThe MM Remix is comprised of the QQE indictor is calculated as follows: The Fast Trailing Level (TL) and Slow TL are found by calculating the ATR of the smoothed RSI over n-periods. The ATR is then further smoothed using the additional n-periods Wilders smoothing function. This smoothed ATR of RSI is then multiplied by the Fast and Slow ATR Multipliers to calculate the final Fast and Slow Trailing Levels.
A RSI crossover of the fast or slow ATR trailing lines. When the RSI crosses above the fast or slow ATR trailing lines it signals a buy setup. Conversely, when the RSI crosses below the fast or slow ATR trailing lines it signals a short setup.
RSI cross of the 50 level. When the RSI cross above the 50 level, it signals a buy setup. Conversely, when the RSI cross below the 50 level, it signals a short setup.
Fast / slow ATR trailing line crossover. When the fast ATR trailing line cross above the slow ATR trailing line, it signals a long setup. Conversely, when the fast ATR trailing line cross below the slow ATR trailing line, it signals a short setup.
Divergences between the price action and the QQE indicator. There are two types of divergence setups: Regular and hidden. Hidden divergences may signal trend continuation whereas regular divergences can indicate trend reversals.
Regular bullish divergence is when price action is setting new lows and the QQE indicator has higher lows. Regular bearish divergence is when price action is setting new highs and the QQE indicator has lower highs.
Hidden bullish divergence when price action is setting higher lows and the QQE indicator has lower lows. Hidden bullish divergence when price action is setting lower and the QQE indicator has higher highs.
Overbought / oversold. Overbought when the QQE indicator is above the 70 level. Oversold when the QQE is below the 30 level. If any of the QQE components have been moving below the 30 level and cross above, a signals a long setup. Conversely, if any of the QQE indicator components have been moving above the 70 level and then cross below, it signals a short setup.
Also The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and when it isn't.
The indicator consists of the "Aroon up" line, which measures the strength of the uptrend, and the "Aroon down" line, which measures the strength of the downtrend.
KEY TAKEAWAYS
The Arron indicator is composed of two lines. An up line which measures the number of periods since a High, and a down line which measures the number of periods since a Low.
The indicator is typically applied to 25 periods of data, so the indicator is showing how many periods it has been since a 25-period high or low.
When the Aroon Up is above the Aroon Down, it indicates bullish price behavior.
When the Aroon Down is above the Aroon Up, it signals bearish price behavior.
Crossovers of the two lines can signal trend changes. For example, when Aroon Up crosses above Aroon Down it may mean a new uptrend is starting.
The indicator moves between zero and 100. A reading above 50 means that a high/low (whichever line is above 50) was seen within the last 12 periods.
A reading below 50 means that the high/low was seen within the 13 periods.
Both have Buy/Sell alarms
Link below or PM us for access you this indicator Happy Trading
