RSI-VWAP Indicator %█ OVERALL
Simple and effective script that, as you already know, uses vwap as source of the rsi, and with good results as long as the market has no long-term downtrend.
RsiVwap = rsi (vwap (close), Length)
The default settings are for BTC in a 30 minute time frame. For other pairs and time frames you just have to play with the settings.
█ FEATURES
• The option to start trading from a certain date has been added.
• To make the profit more progressive, a percentage of your equity is used for entries and a percentage of your position is used for closings.
• The option to trade in Spot mode has been added, since, for the TradingView backtest, the money is infinite and if you do not limit it somehow,
it would offer you much better profits than the live trading.
QuantityOnLong = Spot ? (EquityPercent / 100) * ((strategy.equity / close) - strategy.position_size) : (EquityPercent / 100) * (strategy.equity / close)
• The option to stop the system when the drawdown exceeds the fixed limit has been added.
Drawdown, as you already know, is a very important measure of risk in trading systems.
The maximum drawdown will tell us what the maximum loss of a trading system has been during a period. This maximum loss is determined by:
strategy.risk.max_drawdown(Risk, strategy.percent_of_equity)
• Leverage plotted on labels added.
█ ALERTS
To enjoy the benefits of automatic trading, TradingView alerts can be used as direct buy-sell orders on spot, or long-close orders with leverage.
Currently there are Chrome extensions that act as a bridge between TradingView and your Exchange or Broker.
This is an example of syntax for this type of extensions. Copy and paste a message like this into the alert window:
{{strategy.order.action}} @ {{strategy.order.price}} | e = {{exchange}} a = account s = {{ticker}} b = {{strategy.order.action}} {{strategy.order.alert_message}}
█ NOTE
Certain Risks of Live Algorithmic Trading You Should Know:
• Backtesting cannot assure actual results.
• The relevant market might fail or behave unexpectedly.
• Your broker may experience failures in its infrastructure, fail to execute your orders in a correct or timely fashion or reject your orders.
• The system you use for generating trading orders, communicating those orders to your broker, and receiving queries and trading results from your broker may fail.
• Time lag at various point in live trading might cause unexpected behavior.
• The systems of third parties in addition to those of the provider from which we obtain various services, your broker, and the applicable securities market may fail or malfunction.
█ THANKS
Thanks to TradingView, its Pine code, its community and especially those Pine wizards who post their ideas that helps us to learn.
If the world is heading toward a equitable new world economic order, let's get rich first ...
Happy trading!
Pesquisar nos scripts por "vwap"
Dynamic Sigma VWAP and Volume Sigma LevelsEver Wondered How can you confidently Identify Reversals / and Trend Direction with Volume ?
So this Script will help you out with that!
What I am talking About?
1. Volume Standard Deviations Spikes being Projected Over the Price
2. Dynamic VWAP being Calculated from the Points of extremities in Volume Action {estimated using Standard Deviation Sigma Level}
So,
This is how sigma levels of 1sigma, 2sigma and 3sigma will look over the volume
Whenever Volume Spikes through these Sigma Levels,
Price Projections are Formed by this Indicator, both on Current Timeframes and Higher Timeframes Prices
So,
This is what price projection of Volume Sigma Levels (1,2,3sigmas crosses) will look if projected on Same Timeframe period
And This is how they look on chart using Higher Timeframe Period, (Default Higher Time Frame is 60mins, You can tweak as per your convenience)
Once All the Sigmas are projected Over the Price,
Dynamic VWAP is calculated from the points where volume crosses current Time Frame 2sigma and 3sigma Levels
see,
This helps out in figuring a lot of things in the price volume action!
Play with it, and Enjoy!
Long only strategy VWAP with BB and Golden Cross EMA50/200
This is strategy, mainly designed for stock markets
It makes uses of the EMA 50/ 200 ( Golden cross) and VWAP and Bollinger bands.
It only takes long positions. It can be adapted to all time frames, but preferably to be used with longer timeframes 1h +
The rules for entry are the next ones :
1. EMA50 > EMA 200
2. if current close > vwap session value
3. check if price dipped BB lower band for any of last 10 candles
EXIT RULE
1. price closes above BB upper
STOP LOSS EXIT
1. As configured --- default is set to 1%
Stock Market Strategy : VWAP, MACD, EMA, Breakout, BBHello there,
Today I bring you a stock market strategy, specialized in NASDAQ stocks.
Its a daytrading strategy, that can only do a max of 1 trade per day. In this case it only trades the first 2 opening hours of the market.
The rules are simple :
We follow the trend based on a big EMA, in this case 200, after that, we check for VWAP direction , then, we check histogram from MACD. This is the simple logic of the strategy.
Inside there is another strategy, that not just do the above, but also uses Bollinger bands, and checks for breakout of bottom or top line. Also it uses Average directional Index, for even a bigger criteria .
So for example a long condition it would be : candle is above the ema, and candle is above vwap, and histogram is positive, and candle break the top bb level and ADI < 40 -> long signal . The opposite works for short(ADI > 20).
In this case all this criterias are between the first 2 hours of market. So we enter between the first hour, and exit in the next hour. For this we need to use very short time frames.
Hope you enjoy it.
Let me know if you have any questions
[CP]VWAP + 9 Moving Averages + 3 Jurik MA9 Adjustable EMAs with offsets, with two of them having the option of adjustable 'bands' around them.
VWAP line along with an offset and adjustable 'band'.
Incredible 3 Jurik Moving Averages!
A single indicator giving you infinite options to play around with EMAs, VWAP and the amazing JMA.
Note: The bands look best in dark mode.
BNF VWAP & MAThe script picks up Bank nifty stocks with their current respective weights and plots a Volume Weighted Average Price ( VWAP ) line along with 2 EMAs of your choice and an alert when the EMAs cross over and also when price crosses VWAP .
You can customize the script for MA type and lengths and to remove alert. Basic utility of the script is to analyse volumes driving the Bank Nifty index.
Credits to @daytraderph and his script (Custom Volume ) who's code I used to build this script. Also thanks to my friend @Varun who helped me code it.
WOMBO COMBO: EMA & VWAP & MACD & BB & STCHello my fellow investors,
After hours of reading, backtesting, and YouTube video watching I discovered that EMA, VWAP, BB, MACD, and STC produce the most consistent results for investment planning. This strategy allows you to pick between the aforementioned indicators or layer them together.
It works on the pricipal of:
1) Always follow the market trend - buy/sell above/below 200EMA
2) Follow corporate investing trends - buy/sell above/below VWAP
3) Apply MACD check - buy--> MACD line above signal line and corssover below histogram \\ sell --> MACD line below signal line and crossover above histogram.
4) Check volitility with price against BB limits upper/Sell or lower/buy
5) When STC crosses about 10 buy and when it drops below 90 sell
6) Exit position when stop loss is triggered or profit target is hit. BB also provides a parameter to exit positions.
This code is the product of many hours of hard work on the part of the greater tradingview community. The credit goes to everyone in the community who has put code out there for the greater good.
Hikkake PatternLifted description from web:
Hikkake means to trap, trick, or ensnare. Primarily, this price pattern seeks to identify inside bar breakouts and profit from their failures.
An inside bar is a price bar that is entirely within the range of the preceding price bar. Inside bars are typical on price charts of most timeframes.
While you’ll often find inside bars in congested markets, they also offer a low-risk entry point for price action traders. The contracted range of an inside bar offers a natural tight stop-loss.
Hence, inside bar breakouts seem attractive. However, if you are patient and focus on identifying false breakouts, you might be able to find more reliable trading setups in the form of Hikkakes.
In a nutshell, the Hikkake pattern offers a systematic approach to trading false inside bar breakouts.
As a filter I incorporated VWAP into the code to only trigger Bullish / Bearish signals when price is Above/Below VWAP respectively. The ATR is used to create a Stop buffer (red cross) for the Entry signal ( green dot ). The R1 and R2 (orange squares) are two possible profit targets that are customizable to different Risk multiples based upon the difference between Entry and Stop.
BAT Multi Anchored VWAPMulti Anchored VWAP which includes:
BTC Key Pivots
SPX Key Pivots
Yearly Opens
5 Adjustable Dates
Works on all assets, unlike some VWAP calculations.
Colored Volume Weighted Average PriceSimple addition to the standard VWAP indicator.
If price is above VWAP the plot is colored green. If below plot is colored red.
Colors are configurable.
You can also choose the source for price (i.e. open/low/high etc)
Moonhub IndexMoonhub Index combines several popular technical indicators to create an aggregated index that aims to give a clearer overall picture of the market. The index takes into account the current market condition (trending, ranging, or volatile) to adjust its calculations accordingly.
The indicators used in this composite index are:
Hull Moving Average (HMA)
Fisher Transform (FT)
Williams Alligator
Moving Average Convergence Divergence (MACD)
Average True Range (ATR)
On-Balance Volume (OBV)
Money Flow Index (MFI)
Accumulation/Distribution (AD)
Pivot Points
True Strength Index (TSI)
Volume-Weighted Average Price (VWAP)
The script calculates the values of each indicator and then normalizes and weighs them according to predefined weights. The composite index is formed by summing the weighted values of each indicator. The final Moon Index is plotted on the chart, along with several other related lines like the exponential moving averages (EMA) and simple moving averages (SMA) of the index.
This custom index can be used by traders to get a more comprehensive view of the market and make better-informed trading decisions based on the combined insights of multiple indicators.
ZenBot Signals - Trend StrengthI developed this indicator as a "regime detection" for my algo trading bot. It uses the ADX +/- values with a few twists.
- If ADX DI+ is over 30 and DI- is below 20 and falling (inverse for shorts)
- Price action rising/falling thru various VWAP standard deviations indicates a strong trend break
- Some other custom juju (open source so have fun).
I use this primarily to monitor the SPY index as a backdrop for my long and short trades. If the colored line below price bars is red or green, a strong trend is present and there is a decent trade environment.
Bollinger BandsThis is the combination of three indicators (BOLLINGE BAND+VWAP+EMA200)
CREATED BY ANKR SINGH
Ultimate IndicatorThis is a combination of all the price chart indicators I frequently switch between. It contains my day time highlighter (for day trading), multi-timeframe long-term trend indicator for current commodity in the bottom right, customizable trend EMA which also has multi-timeframe drawing capabilities, VWAP, customizable indicators with separate settings from the trend indicator including: EMA, HL2 over time, Donchian Channels, Keltner Channels, Bollinger Bands, and Super Trend. The settings for these are right below the trend settings and can have their length and multiplier adjusted. All of those also have multi-timeframe capabilities separate from the trend multi-time settings.
The Day Trade Highlight option will draw faint yellow between 9:15-9:25, red between 9:25-9:45, yellow between 9:45-10:05. There will be one white background at 9:30am to show the opening of the market. while the market is open there will be a very faint blue background. For the end of the day there will be yellow between 15:45-15:50, red between 15:50-16:00, and yellow between 16:00-16:05. During the night hours, there is no coloring. The purpose of this highlight is to show the opening / closing times of the market and the hot times for large moves.
The indicators can also be colored in the following ways:
1. Simple = Makes all colors for the indicator Gray
2. Trend = Will use the Donchian Channels to get the short-trend direction and by default will color the short-term direction as Blue or Red. Unless using Super Trend, the Donchian Channel is used to find short-term trend direction.
3. Trend Adv = Will use the Donchian Channels to get the short-trend direction and by default will color the short-term direction as Blue or Red. Unless using Super Trend, the Donchian Channel is used to find short-term trend direction. If there is a short-term up-trend during a long-term down-trend, the Blue will become Navy. If short-term down-trend during long-term up-trend, the Red will be Brown.
4. Squeeze = Compares the Bollinger Bands width to the Keltner Channels width and will color based on relative squeeze of the market: Teal = no squeeze. Yellow = little squeeze. Red = decent squeeze. White = huge squeeze. if you do not understand this one, try drawing the Bollinger Bands while using the Squeeze color option and it should become more apparent how this works. I also recommend leaving the length and multiplier to the default 20 and 2 if using this setting and only changing the timeframe to get longer/shorter lengths as I've seen that changing the length or multiplier can more or less make it not work at all.
Along with the indicator settings are options to draw lines/labels/fills for the indicator. I enjoy having only fills for a cleaner look.
The Labels option will show Buy/Sell signals when the short-term trend flips to agree with the long-term trend.
The Trend Bars option will do the same as the Labels option but instead will color the bars white when a Buy/Sell option is given.
The Range Bars option shows will color a bar white when the Close of a candle is outside of a respective ranging indicator option (Bollinger or Keltner).
The Trend Bars will draw white candles no matter which indicator selection you make (even "Off"). However, Range Bars will only draw white when either Bollinger or Keltner are selected.
The Donchian Channels and Super Trend are trending indicators and should be used during trending markets. I like to use the MACD in conjunction with these indicators for possibly earlier entries.
The Bollinger Bands and Keltner Channel are ranging indicators and should be used during ranging markets. I like to use the RSI in conjunction with these indicators and will use 60/40 for overbought and oversold areas rather than 70/30. During a range, I wait for an overbought or oversold indication and will buy/sell when it crosses back into the middle area and close my position when it touches the opposite band.
I have a MACD/RSI combination indicator if you'd like that as well :D
As always, trade at your own risk. This is not some secret indicator that will 100% win. As always, the trades you see in the picture use a 1:1.5 or 1:2 risk to reward ratio, for today (August 8, 2022) it won 5/6 times with one trade still open at the end of the day. Manage your account correctly and you'll win in the long term. Hit me up with any questions or suggestions. Happy Trading!
Tabajara + Multiple MA + Bollinger Bands + VWAP + HiLoSetup Tabajara
Based on several Tabajara setups published in TradingView, idealized by André Machado, aka "WallSt Ogro".
Bar colors follow trend and change based on the main direction.
Including indicators:
Simple Moving Averages and Exponential Averages
Bollinger Bands
VWAP
HiLo indicator
Rolling VWAP with Standard DeviationsAdding standard deviation bands to TradingView's Rolling VWAP tool
Rolling VWAP with stdev█ OVERVIEW
Based on TradingView's Rolling VWAP (RVWAP) indicator, this indicator includes the option of plotting lines for the first and second standard deviations of the RVWAP, which some traders like to use for entry/exit decisions and support/resistance.
█ HOW TO USE
In the Style tab, use the checkboxes to enable or disable the plots. By default, the first standard deviation lines are enabled, but the second deviation lines are disabled.
█ THANKS
Thanks to TradingView for the original RVWAP code.
Moving Average Suite + VWAP + TICKThis indicator combines some of the commonly used moving averages, VWAP, and TICK sentiment, all of which are useful for all types of trading
By default, this indicator includes:
- 21/50/100/200 period smoothed simple moving average
- great for determining trends
- also act as support / resistance line for price
- 9 period exponential moving average
- fast trend / direction indicator
- Volume Weighted Average Price
- no explanation required
- $TICK sentiment as background fill
- overall market sentiment and direction
- +/- 500 levels are colored green/red and are usually indication of institutional order flow --> critical for trading indexes such as SPY or QQQ
- deep green/red background indicates +/-1000 on the $TICK, which are usually associated with overbought or oversold
Swing Dream - PAINT BARS | MA | EMA | DMA | VWAP | TABLE | ADR %- Swing Dream -
Script created for breakout-swing traders, in the style of QullaMaggie * , Dan Zanger, Oliver Kell, and Stockbee.
The following indicators are used by most successful breakout-swing traders such as mentioned above.
(As published) it contains:
Painted Bars, also known as inside/outside candles. Used for candle analysis and to determine breakout pivots & levels. For instance; use it in different timeframes and seek formations (ex, 3-1-2). For further inspiration, study Rob Smith's The Strat .
MA, Simple Moving Averages (Basic levels = 10,20,50,200). Use this indicator to define resistance/support areas as well as the overall long/swing-term trend. In breakout strategies such as EP, Flags, etc this can be used for trailing stops; an example, post-breakout, let the price ride the 20ma before exiting your position.
EMA, Exponential Moving Averages with periods inspired by Qullamaggie (10,20,65). Use this on shorter timeframes (ex, 1h) and for the same principles as MAs.
VWAP, Volume-Weighted Average Price. As for the previous, utilize this as a level indicator to find areas of resistance/support. Good for swing-trading as it implies whenever holders are profitable or not.
DMA, Displaced Moving Average (Horizontal). Personally, I use this a lot. Works very well for trailing stops (post breakout) and "bounce" areas. Choose your own offset and period.
ADR%, Average Daily Range Percentage. Displayed in the table and used to define a symbol's volatility. A very good tool for Qullamaggie-style trading. Personally, I try to find setups with over 6% ADR. Basic definition; low ADR% = Increased chance of a symbol to move slower and in smaller ranges. A higher value equals the opposite.
Table. A table with basic symbol-related information. Could save you plenty of time whenever you scan or search for new swing setups. Looking to add more features here.
Why should you use this script? Well, instead of having tens of different indicators, use this script and combine everything together with EP, Flag, or breakout principles. Suited for every plan, and more efficient in my opinion.
View settings to turn on/off different indicators.
* If you're looking for an introduction and further explanation of how Qullamaggie uses mentioned indicators, I could recommend checking out his website, stream, or participation in "Chat With Traders".
At last, I want to credit: @jkcqld @neolao @TheScrutiniser
This Script will get updated and improved.
// TechFille006
4 Anchored VWAP4 Anchored VWAP all together. This indicaor can be used as dynamic support and resistance.
Just apply and set dates
