Pre-market Highs & Lows on regular trading hours (RTH) chartShows pre-market highs and lows on RTH or ETH chart
-Pre-market duration user input (default is 16 'bar hours'; covering the time from S&P RTH close at 4pm >> 9:30am RTH open next day
-Displays on both RTH and ETH charts
-Written for ES (ES1! or e.g ESM2023), but tested and working on SPY, SPX
-Works across timeframes
Example usage on Electronic trading hours (ETH) chart; showing the 'bar hours' user input lookback duration visually
Ações
Stock Intrinsic Value & MOS IndicatorStock Intrinsic Value and MOS Indicator is a powerful tool that can help investors to evaluate the potential value of a particular stock. By taking into account key financial metrics such as earnings per share, price-to-earnings ratio, and dividend yield, this indicator provides a comprehensive analysis of a company's fundamentals, and can be used to estimate its intrinsic value.
To use this indicator, simply input the relevant financial metrics for the stock you're interested in from Yahoo finance, including the P/E ratio, earnings per share, and dividend yield. The indicator will then calculate the stock's intrinsic value based on these inputs, taking into account the company's earnings potential and dividend payments.
In addition to calculating the intrinsic value, the Stock Intrinsic Value and MOS Indicator also allows investors to add a margin of safety to their analysis, which can help to account for unexpected market events or uncertainties. By adding a margin of safety of 20% - 30%, for example, investors can ensure that they are buying the stock at a significant discount to its intrinsic value, providing a cushion against potential losses.
Using the Stock Intrinsic Value and MOS Indicator can be a valuable tool for investors looking to make informed decisions about their investments. By taking into account key financial metrics and adding a margin of safety, investors can be more confident in their investment decisions, and can potentially maximize their returns over the long-term.
However, it's important to remember that the Stock Intrinsic Value and MOS Indicator is just one tool among many that investors can use to evaluate potential investments. As with any investment strategy, it's important to conduct thorough research and analysis before making any investment decisions. Additionally, it's important to keep in mind that no investment strategy is foolproof, and that even the most well-informed investment decisions can still result in losses.
Overall, the Stock Intrinsic Value and MOS Indicator can be a valuable tool for investors looking to evaluate potential investments and make informed decisions about their portfolio. By using this indicator in combination with other tools and strategies, investors can potentially maximize their returns and achieve their long-term investment goals.
Stock Dissect DashboardI developed this script, to help me in my analysis process of Stocks.
In it I have combined several things that I look at when evaluating a company.
First, there is the Macro part, where I have added the most important (at least for me) macro indicators, such as inflation, interest rates, initial jobless claims etc.
Under the last is the latest reported value, next we have the previous, and next to them is the change.
Underneath it is the technical part.
I have added the 1-Week, 1-Month, 3-Month, and 1-Year returns. This way I can easily see the performance of the stock over time.
We have a market regime indicator, which tells us whether the stock is Trending, Mean-Reverting, or Neutral.
Also, I've added the RSI and 50 and 200 Day Moving Averages for additional analysis
At the bottom, I've included some of the fundamentals that I look at in my analysis process. We have the PE and PB ratio, as well as the debt-to-equity and profit margins.
I hope you guys like it and saves you as much time and energy as it did for me.
Happy trading!
FlashTrade 20 Asset ScreenerThe FlashTrade 20 Asset Screener is a powerful screening tool written in Pinescript and designed for use in Tradingview. It simultaneously monitors a combination of seven (7) lagging and three (3) leading indicators for twenty (20) assets, such as; stocks, cryptocurrencies, or forex pairs.
The screener sends summarized numeric data as an alert to external programs that specialize in automated trading. This proprietary technology developed by the algorithmic trading firm known as FlashTrade.AI is now integrated with the rules-based trading platform TradeLab.AI.
The lagging indicators tracked by the screener are as follows:
1. The 8 Period Exponential Moving Average (8EMA): It determines whether it is over or under the 21 Period Exponential Moving Average (21EMA).
2. Two Closes of the 8 Period Exponential Average (8EMA): This confirms a trend as either bullish or bearish when it occurs over or under the 21 Period Exponential Moving Average (21EMA).
3. Ichimoku Cloud: This indicator identifies whether the price is above or below the cloud, indicating bullish or bearish trends.
4. Ichimoku Cloud: Conversion Line Above Base or Conversion Line Below Base: This measures the trend strength based on the distance between the conversion line and the base line.
5. Ichimoku Cloud: Lag Line Above Price or Lag Line Below Price: This tracks the lag line's position relative to the current price to confirm trend direction.
6. Ichimoku Cloud: Leading Cloud Green or Leading Cloud Red: This identifies the trend based on the color of the leading cloud.
7. MACD: This oscillator tracks the difference between two exponential moving averages and helps identify bullish or bearish momentum in the market.
The screener also tracks three leading indicators that primarily measure trading volume and momentum. These leading indicators are:
1. The Relative Strength Index (RSI): This oscillator measures the speed and change of price movements to identify overbought or oversold conditions in the market.
2. The Stochastic: This oscillator measures the momentum of price movements and helps identify potential trend reversals in the market.
3. The relative Vigor Index (RVGI): This indicator measures the strength of price movements by comparing the closing price to the trading range and helps identify trend reversals.
Overall, the FlashTrade 20 Asset Screener is a powerful tool for traders looking to automate their trading strategies. By monitoring multiple indicators for multiple assets simultaneously, it can identify trends and capitalize on opportunities when they present themselves.
[TTI] Minervini's Stock Under Pressure––––History & Credit––––
📚 Credit: This script is inspired by Mark Minervini's book, "Trade Like a Stock Market Wizard". The book is a must-read for any stock trader or investor, and it's where the idea for this indicator came from.
–––––What it does––––
💡 What it does: The Minervini's Stock Under Pressure Indicator is a powerful tool for stock traders and investors. It helps to identify when a stock is under pressure and less likely to breakout and continue its upward movement.
📈 How it works: The indicator uses price action and various moving averages to calculate when a stock is under pressure. It provides a clear signal in the when a stock is struggling to move higher by printing puple color on the pane, so you can adjust your trading strategy accordingly.
–––––How to use it––––
👨💼 How to use it: You can use the Minervini's Stock Under Pressure Indicator as an additional criteria while deciding whether a stock is likely to breakout. If the indicator is showing that the stock is under pressure, then you may want to wait for a better entry point or avoid the stock altogether. Remember trading is probabilities game.
📊 Calculations: The indicator is based on a complex calculation, but you don't need to worry about the details. All you need to do is to look for the signal and act accordingly.
💻 Installation: To use the indicator, simply install it on your TradingView chart and adjust the settings as necessary. You can customize the indicator to fit your trading style and preferences.
🚀 Get ready to trade like a stock market wizard with the Minervini's Stock Under Pressure Indicator!
[TTI] Whaley Breadth Thrust––––History & Credit
The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occured only 12 times!
–––––What it does
The indicator uses 3 conditions.
Condition 1: The Advancing and Declining NYSE stocks
Condition 2: The Up and Down volume
Condition 3:The absolute price increase in the SP500
It calculates different ratios and determine bullish or bearish setting based on this.
When only conditions 1 and 2 are present, we call this a Light Thrust. When all 3 conditions have occured then we call this Full Thrust.
–––––How to use it
Consider very bullish signal when you see this.
The light thrust occured on 12JAN23 on the SPX.
The signal occured in the following years: 1974, 1982, 1987, 2002, 2008
Live Portfolio ScreenerThe live portfolio screener indicator is a tool that help users to track the performance of their investments in real-time. The indicator provides a detailed breakdown of the user's portfolio, including the current profit and loss (P&L) for each stock that is invested in. This allows users to quickly and easily see how their portfolio is performing and make informed decisions about their investments on charts. Overall, this tool is an essential tool for anyone looking to stay on top of their investments and make data-driven decisions.
This indicator can load any symbol globally usable.
How to use this indicator ?
in this indicator firstly
you have add script name. (For example if you want to add symbol you have add in 's01 ' means the first symbol)
after that
you have to add price for each (For example if you want to add buy price for the first symbol then add the buy price in ' Bp01 ')
then the quantity comes in picture which is below price list and named here as Bq01 which means 'Buy quantity for first symbol'
Cosmic Channel LiteCosmic Channel Lite ( CC Lite) draws dynamic non-repainting trendlines and helps
⭐ know when a breakout is about to begin
⭐ predict the position and timing of the next swing reversal
⭐ predict sudden changes in volatility
⭐ recognize whether the price is in bearish or bullish territory
👀 HOW IT WORKS
Cosmic Channel Lite draws a dynamic channel consisting of a support line, basis line and resistance line. These are calculated by applying the Reduced Median Method to groups of moving averages of different type over several periods each, effectively taking 20 data points and reducing them to 3. In between, 6 internal levels are left to give context inside the channel with stable levels, the extremes of which help highlight the SR lines (see chart). The basis line color is determined by its smoothed angle with positive angles in green and negative in purple. The aim of this indicator is to provide a consistent and generic price context that works out-of-the-box and accordingly the settings have been stripped to the bare minimum with no need to continually adjust them.
📗 HOW TO USE IT
The Cosmic Channel Lite plots are meant to be used as a guide for entering and exiting positions and setting stop-loss and take profit levels. The indicator is deemed effective for any particular timeframe as long as the price stays within the maximum bounds of the indicator's plots. For this reason it is recommended to use Cosmic Channel Lite in a multi-chart layout where each chart has a different timeframe. The 5 primary strategies are:
long when the price reverses off of the support line and short when the price reverses off of the resistance line
long when the support line is highlighted and short when the resistance line is highlighted
long when the price breaks above the resistance line and short when the price breaks below the support line
long when the price moves above the basis line after being below it for a prolonged period and visa-versa (short when the price moves below the basis line)
long/short in the direction the price takes after a stable level ends
🔔 SMART ALERTS
Get notified at the most critical times by settings just one alert. Simply select CC Lite and Any alert() function call as the conditions when creating an alert and you will be tipped-off on bar-close as follows:
R─ (resistance line is highlighted)
S─ (support line is highlighted)
For example, an alert such as CC Lite 6h R─ would mean that during the last 6-hour bar the resistance line has been highlighted. The highlight lasts at least 15 bars from the first highlight bar regardless of price action.
Most Power V5 Most Power V5
The MOST indicator is an indicator used as a Moving Stoploss. The MOST indicator also generates a buy signal in case the prices rise, unlike the traditional indicators that allow you to make stop losses.In the MOST POWER V5 indicator, stoploss generates its signals using moving averages such as 'SMA', 'EMA', 'WMA', 'VWMA', 'HMA', 'SMMA', 'DEMA' rather than just the current price. In this way, it aims to prevent false signals that may be produced by excessive price movements during the day.
MOST POWER Indicator follows the average by preserving the stop loss distance in the movement of the moving average in the same direction.
The second variable that creates the MOST POWER curve is the stop loss distance that gives power to MOST with the moving average used and the shift rate that provides the stop signal. In this version, this distance is prepared with 2 separate inputs for both buy and sell.You can set these values as "percentage for long trend" and "percentage for short trend" in the indicator input properties.
You can also enter your Take Profit-1, Take Profit-2-, Take Profit-3- and Stop Loss levels in the indicator input properties, especially if you are interested in algo trading or to take advantage of the wonderful alarm setup features of tradingview and get the chance to get maximum profit. (If you enter Take Profit-1, Take Profit-2-, Take Profit-3- and Stop Loss levels as 0. Only buy and sell labels will appear on the indicator.)
Also, activate the amplitude filter option from the indicator input settings to get less signal and filter our inputs.
In addition, the entry price, take profit1, take profit2, take profit3 values for the last transaction opened to make things easier are located in the upper right corner of your graph as a table.
Important note: No indicator guarantees investment. That's why the tests you will do before real trades are very important in this indicator. I wish you all successful trades.
i will show how works with examples
Example 1
If you enter Take Profit-1, Take Profit-2-, Take Profit-3- and Stop Loss levels greater than 0
Example 2
If you enter Take Profit-1, Take Profit-2-, Take Profit-3- and Stop Loss levels as 0 (u will see only buy - sell labels)
Example 3
if select Amplitude Filter is on . you will see less signal
how works Amplitude Filter whats logic ?
if Amplitude Filter is active the signal from mostpower will be combined with Amplitude Filter.
for example, if the amplitude value is 2, the highest price and the lowest price of the last 2 bars are calculated. then this amplitude value is calculated for sma with its source high and low. Based on these values, the trend is determined in the amplitude of the price movement.
Important note: No indicator guarantees investment. That's why the tests you will do before real trades are very important in this indicator. I wish you all successful trades.
Investing ZonesInvesting Zones indicator shows the areas where LONGS or SHORTS can be made, the areas are calculated based on the mathematical averages of the high and low peaks of the price.
-There is an area called "No trading Zone" where the price is too slow, It also has a Alma Trend Ribbon (blue for uptrend, pink for downtrend) that helps to make trading decisions.
-You can make shorts when the price enters the Yellow zone called the "Sell Zone" and the price is below the Alma trend, set the TP1 in the white dotted line, and TP2 in the white lower line
-You can make longs when the price enters the Green zone called the "Buy Zone" and the price is above the Alma trend, set the TP1 in the yellow dotted line, and TP2 in the yellow upper line
-It works in all timeframes, personally I use it in 1min, 5min and 1hr.
Day Trading Booster by DGTTiming when day trading can be everything
In Stock markets typically more volatility (or price activity) occurs at market opening and closings
When it comes to Forex (foreign exchange market), the world’s most traded market, unlike other financial markets, there is no centralized marketplace, currencies trade over the counter in whatever market is open at that time, where time becomes of more importance and key to get better trading opportunities. There are four major forex trading sessions, which are Sydney , Tokyo , London and New York sessions
Forex market is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide, but that doesn’t mean it’s always active the entire day. It may be very difficult time trying to make money when the market doesn’t move at all. The busiest times with highest trading volume occurs during the overlap of the London and New York trading sessions, because U.S. dollar (USD) and the Euro (EUR) are the two most popular currencies traded. Typically most of the trading activity for a specific currency pair will occur when the trading sessions of the individual currencies overlap. For example, Australian Dollar (AUD) and Japanese Yen (JPY) will experience a higher trading volume when both Sydney and Tokyo sessions are open
There is one influence that impacts Forex matkets and should not be forgotten : the release of the significant news and reports. When a major announcement is made regarding economic data, currency can lose or gain value within a matter of seconds
Cryptocurrency markets on the other hand remain open 24/7, even during public holidays
Until 2021, the Asian impact was so significant in Cryptocurrency markets but recent reasearch reports shows that those patterns have changed and the correlation with the U.S. trading hours is becoming a clear evolving trend.
Unlike any other market Crypto doesn’t rest on weekends, there’s a drop-off in participation and yet algorithmic trading bots and market makers (or liquidity providers) can create a high volume of activity. Never trust the weekend’ is a good thing to remind yourself
One more factor that needs to be taken into accout is Blockchain transaction fees, which are responsive to network congestion and can change dramatically from one hour to the next
In general, Cryptocurrency markets are highly volatile, which means that the price of a coin can change dramatically over a short time period in either direction
The Bottom Line
The more traders trading, the higher the trading volume, and the more active the market. The more active the market, the higher the liquidity (availability of counterparties at any given time to exit or enter a trade), hence the tighter the spreads (the difference between ask and bid price) and the less slippage (the difference between the expected fill price and the actual fill price) - in a nutshell, yield to many good trading opportunities and better order execution (a process of filling the requested buy or sell order)
The best time to trade is when the market is the most active and therefore has the largest trading volume, trading all day long will not only deplete a trader's reserves quickly, but it can burn out even the most persistent trader. Knowing when the markets are more active will give traders peace of mind, that opportunities are not slipping away when they take their eyes off the markets or need to get a few hours of sleep
What does the Day Trading Booster do?
Day Trading Booster is designed ;
- to assist in determining market peak times, the times where better trading opportunities may arise
- to assist in determining the probable trading opportunities
- to help traders create their own strategies. An example strategy of when to trade or not is presented below
For Forex markets specifically includes
- Opening channel of Asian session, Europien session or both
- Opening price, opening range (5m or 15m) and day (session) range of the major trading center sessions, including Frankfurt
- A tabular view of the major forex markets oppening/closing hours, with a countdown timer
- A graphical presentation of typically traded volume and various forext markets oppening/clossing events (not only the major markets but many other around the world)
For All type of markets Day Trading Booster plots
- Day (Session) Open, 5m, 15m or 1h Opening Range
- Day (Session) Referance Levels, based on Average True Range (ATR) or Previous Day (Session) Range (PH - PL)
- Week and Month Open
Day Trading Booster also includes some of the day trader's preffered indicaotrs, such as ;
- VWAP - A custom interpretaion of VWAP is presented here with Auto, Interactive and Manual anchoring options.
- Pivot High/Low detection - Another custom interpretation of Pivot Points High Low indicator.
- A Moving Average with option to choose among SMA, EMA, WMA and HMA
An example strategy - Channel Bearkout Strategy
When day trading a trader usually monitors/analyzes lower timeframe charts and from time to time may loose insight of what really happens on the market from higher time porspective. Do not to forget to look at the larger time frame (than the one chosen to trade with) which gives the bigger picture of market price movements and thus helps to clearly define the trend
Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Price Average ZonesThis indicator shows the areas where LONGS or SHORTS can be made, the areas are calculated based on the mathematical averages of the high and low peaks of the price.
It also has a line that shows the average of the price movement. you can make shorts when the price enters the orange zone called the "Short Zone".
You can make longs when the price enters the orange zone called the sell zone.
It works in all timeframes, personally I use it in 1 min and in 1 hour.
Portfolio Tracker For Stocks & CryptoThis is a portfolio tracker that will track individual, overall and daily profit/loss for up to 12 assets. You can set the size of your buys and price of your buys for accurate, up to date profit and loss data right on your chart. It works on all markets and timeframes.
HOW TO USE
Go into the indicator settings and you will see all of the available settings. The first is the ability to turn the tracker info table on or off from the chart, so it saves your portfolio info but let’s you remove it from the chart while trading. Second is the option to move the position of the info table to suit your preference.
Next we get into setting up your portfolio tickers, order size and price. Each ticker lets you set which stock/crypto you bought, then set how much you purchased and then what price you purchased them at.
Go through and set up all of your assets and then turn off any tickers that you don’t need. Once that is all done, your portfolio will be shown on the chart with all the data.
FEATURES
Top Section
The portfolio tracker has 2 sections. The top section shows each ticker in your portfolio individually with the following data:
- Ticker Name
- Weight of that asset compared to your total portfolio in %
- Current value of that position in $
- Profit or loss value from purchase price in %
- Todays change in value from yesterday’s close in %
The $ Value, PnL % and Today % will all change colors from green to red depending if they are in profit or not.
Bottom Section
The bottom section of the tracker will give you info for your portfolio as a whole. It has the following data:
- Total cost of your entire portfolio in $
- Current value of your entire portfolio in $
- Current profit or loss of your entire portfolio in $
- Current profit or loss of your entire portfolio in %
- Todays change of your entire portfolio value compared to yesterday’s close in %
The $ Value, PnL $, PnL % and Today % will all change colors from green to red depending if they are in profit or not.
Price Action AverageThis indicator is perfect for scalping in 1 minute, it consists of a channel and a line that is made up of the average of the highs and lows of the price in 12 and 64 cycles.
The channel has as its center a 7 cycles SMA, when the average line (Called Signal, the purple one) crosses the upper band it is time to make a Long.
If it crosses the lower band it is time to make a short, if the line returns to the channel a signal appears to close the operation.
The indicator works with all timeframes, I use it on the 1 hour chart and I do the trades in 1 minute.
Power Of Stocks - Bollinger Band & 5Ema Indicator - Keanu_RiTz
Power of Stocks - Bollinger band & 5ema Strategy
In this script you get to take Buy/Sell trades using the 3 options mentioned below.(Alerts with price levels for buy/sell at , SL & Target are included in this one)
1. Combined Strategy :- uses confirmation from both strategies to trade.
2. Bollinger band Strategy :- use the Bollinger band Strategy to trade.
3. 5ema Strategy :- use the 5ema Strategy to trade.
1. Combined Strategy :-
for Selling :- we will go short/sell only when conditions of both strategies are satisfied.
i.e. when a candle is completely above the upper Bollinger band & completely above the 5ema then it will be our Alert Candle.
We Short/Sell only when the low of the Alert candle is broken or when the candle closes below the close of the Alert Candle.
SL will be above high of the Alert Candle. Target will be minimum 1:3 or as per your emotions.
for Buying:- we will go Long/Buy only when conditions of both strategies are satisfied.
i.e. when a candle is completely below the lower Bollinger band & completely below the 5ema then it will be our Alert Candle.
We go Long/Buy only when the high of the Alert candle is broken or when the candle closes above the close of the Alert Candle.
SL will be below low of the Alert Candle. Target will be minimum 1:3 or as per your emotions.
2. Power of Stocks - Bollinger Band Strategy :-
Bollinger band with standard deviation = 1.5
when a candle is completely above the upper Bollinger band, that candle will be called a signal/alert candle.
Initiate a Sell trade when that alert candles low is broken. SL will be above high of that alert candle.
Risk to reward ratio will be 1:4 i.e. target will be 4 times the SL.
when a candle is completely below the lower Bollinger band, that candle will be called a signal/alert candle.
Initiate a Buy trade when that alert candles high is broken. SL will be below low of that alert candle.
Risk to reward ratio will be 1:4 i.e. target will be 4 times the SL.
other rules for Options buying:- minimum 15min timeframe
The day you initiate the position , you should be in profit above 10%-15% then only you should carry forward that position overnight, otherwise squareoff your trade on that day only.
Buy ATM or slightly OTM, SL max 100 points , target 1:4
for Long-term/Investing :- Minimum Weekly
If candle is outside the lower band then initiate a Buy trade when that candles High is broken. Sl will be below Low of that candle.
for Long-term Target will be according to your emotions.
3. Power of Stocks - 5ema Strategy (target minimum 1:3)
Timeframe -
5 min for Selling (Sell Futures/index/stocks or buy Put)
15 min for Buying (Buy Futures/index/stocks or sell Put)
for selling stocks :-
you should enter trade within 10am , don't look for entries after that time. take only 2 entries a day.
for selling Index(Banknifty) :-
you can take trade at anytime of the day whenever conditions get satisfied. you can take multiple entries in banknifty as it is very volatile.
for options choose atm strikes: selling trade
sl for premium between 200-300 :- 20-30 points SL
sl for premium between 400-500 :- 40-50 points SL
sl for premium between 500-600 :- 50-60 points SL
Subhashish Pani's (power of stocks) 5 EMA Strategy:-
It plots 5 EMA and Buy/Sell signals with Target & Stoploss levels.
What is Subhashish Pani's (power of stocks) 5 EMA Strategy :-
His strategy is very simple to understand. for intraday use 5 minutes timeframe for selling. You can sell futures, sell call or buy Puts in selling strategy.
What this strategy tries to do is , it tries to catch the tops, so when you sell at top & it turns out to be a reversal point then you can get good profit.
this will hit stop losses often, but stop losses are small and minimum target should be 1:3. but if you stay with the trend you can get big profits.
According to Subhashish Pani this strategy has 60% success rate.
Strategy for Selling (Short future/Call/stock or buy Put)
When ever a Candle closes completely above 5 ema (no part of candle should be touching the 5ema), then that candle should be considered as Alert Candle.
If the next candle is also completely above 5 ema and it has not broken the low of previous alert candle, Then the previous Alert Candle should be ignored and the new candle should be considered as new Alert Candle.
so if this goes on then continue shifting the Alert Candle, but whenever the next candle breaks the low of the Alert Candle we should take the Short trade (Short future/Call/stock or buy Put).
Stoploss will be above high of the Alert Candle and minimum target will be 1:3.
Strategy for Buying (Buy future/Call/stock or sell Put)
When ever a Candle closes completely below 5 ema (no part of candle should be touching the 5ema), then that candle should be considered as Alert Candle.
If the next candle is also completely below 5 ema and it has not broken the high of previous alert candle, Then the previous Alert Candle should be ignored and the new candle should be considered as new Alert Candle.
so if this goes on then continue shifting the Alert Candle, but whenever the next candle breaks the high of the Alert Candle we should take the Long trade (Buy future/Call/stock or sell Put).
Stoploss will be below low of the Alert Candle and minimum target will be 1:3.
Buy/Sell with extra conditions :
it just adds 1 more condition to buying/selling
1. checks if closing of current candle is lower than alert candles closing for Selling & checks if closing of current candle is higher than alert candles closing for Buyling.
This can sometimes save you from false moves but by using this, you can also miss out on big moves as you'll enter trade after candle closing instead of entering at break of high/low.
Note :- According to Subhashish Pani Timeframe for intraday buying should be 15 minutes Timeframe.
If you haven't understood the strategy by reading above description, then search for "Subhashish Pani's (power of stocks) 5 EMA Strategy" on YouTube to get a deeper understanding.
Note:- This is not only for Intraday trading , you can use this strategy for Positional/Swing trading as well. If you use this on Monthly Timeframe then it can be very good for Long Term Investing as well.
Rules will be same for all types of trades & Timeframes.
Cosmic GravityCosmic Gravity draws dynamic non-repainting trendlines and helps
⭐ know when to scalp
⭐ predict the position and timing of the next major reversal
⭐ predict sudden changes in volatility
⭐ recognize if the trend is bearish or bullish
👀 HOW IT WORKS
Cosmic Gravity draws a dynamic channel consisting of a basis line and several support and resistance levels for low/medium/high volatility situations, as defined by the Inner Channel and 2 Outer Channel plots respectively. The script achieves this by reducing a large number of select moving averages, their multiples, and other trend levels into a single basis line and deriving the remaining plots off of it using ATR and probability-constant multiples. The basis line color is determined by its smoothed vector similar to how our Cosmic Vector indicator paints its plot. The aim of this indicator is to provide a consistent and generic price context that works out-of-the-box; accordingly a single static average period is used throughout and the settings have been stripped to the bare minimum with no need to ever update them.
📗 HOW TO USE IT
Cosmic Gravity's channel levels are meant to be used as a guide for entering and exiting positions and setting stop-loss and take profit levels. The indicator is deemed effective for any particular timeframe as long as the price stays within the maximum bounds of the indicator's plots. For this reason it is recommended to use Cosmic Gravity in a multi-chart layout where each chart has a different timeframe. The 5 primary strategies are:
long when the price reverses off of an Outer Channel support level and short when the price reverses off of an Outer Channel resistance level
long when the price crosses above the basis line after being below it for a prolonged period and vice-versa (short when the price trend moves below the basis line)
long when the basis line color turns blue after being pink for a prolonged period and visa-versa (short when the basis line color turns pink)
long/short in the direction the price takes when it goes outside the Magnetic Gravity channel when this channel is in a tight squeeze
scalp as the price bounces between the Inner Channel levels (do this only while the price is contained inside the Inner Channel )
🔔 SMART ALERTS
Get notified at the most critical times with a single alert. Simply select Cosmic Gravity - Any alert() function call as the condition when creating an alert and you will be tipped-off on bar-close as follows:
RR↘ (price close crossed below Outer Channel R6 plot)
RR↗ (price high crossed above Outer Channel R6 plot)
R└ (price low entered R channel from above)
R┘ (price high exited R channel from above)
R┐ (price high exited R channel from below)
R┌ (price high entered R channel from below)
B↘ (price high crossed below Basis plot)
B↗ (price low crossed above Basis plot)
B╮ ( Basis vector turned negative)
B╯ ( Basis vector turned positive)
S└ (price low entered S channel from above)
S┘ (price low exited S channel from above)
S┐ (price low exited S channel from below)
S┌ (price high entered S channel from below)
SS↘ (price low crossed below Outer Channel S6 plot)
SS↗ (price close crossed above Outer Channel S6 plot)
For example, an alert such as Cosmic Gravity 6H R┐ B↘ means that during the last 6-hour bar the price exited the R channel from below and also crossed below the basis line.
🚩 DISCLAIMER
The information we create and publish here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Effortless ScalpingEffortless Scalping is an indicator that primarily is used for stock options trading.
Effortless Scalping is based off of momentum. Our script takes into account the price action, volume, and historical data points of a stock to give potential "buy" and "sell" areas.
Effortless Scalping is a protected script because its Buy and Sell signals are based off of custom coded confirmations. This is what makes our script unique. We also have custom coded CHOP Filters in the indicator.
Effortless Scalping has a custom EMA line that flows with the trend of the market. It also changes colors to indicate a bullish or bearish trend . It also will change into a yellow color if the CHOP of the market exceeds your allowance. This EMA line is the only "classic" element of our custom coded script.
You can easily use Effortless Scalping by applying it straight to your chart. You can customize several visual effects in the settings menu.
Effortless Scalping also has two types of signals--RISKY signals and normal signals. Risky signals have a higher risk, but also a higher reward.
Effortless Scalping also features take profit levels based off of ATR levels.
Effortless Scalping also has custom support and resistance lines to better help you analyze the movement of a stock. These levels are based off of pivot levels.
Effortless Scalping can not predict the future move of a stock. Our script uses historical data points to alert POTENTIAL entries. These historical data points by NO MEANS predict the future movement of the market.
Effortless Scalping was created to help me understand the movement of a stock and why it may be moving in that direction. I personally found success using this script. I am sharing it because I am hoping that others find success in this script as well. I also like to trade quite frequently, and several times a day, so I made an indicator that is both accurate and alerts frequently.
This indicator does NOT provide financial advice. It is intended for general use only.
Money Supply Index (MSI) by zdmreThe primary objective of the states monetary policy is to maintain price stability with sustainable maximum economic growth. In anticipation of higher inflation , the Central Banks raise short-term interest rate thereby to reduce money supply. Conversely, the Central Banks reduce short-term interest rate to inject additional money into the economy in apprehension of unleashing recessionary forces. The stock markets usually respond negatively to interest rate increases and positively to interest rate decreases. The linkages between money market and stock market a wealth effect due to a change in money supply disturbs the equilibrium in the portfolio of investors.
This index indicates the long-run and short-run dynamic effects of broad money supply (M2) on U.S. stock market (this symbol is optional (Bitcoin, Gold or Oil or other markets etc.)).
#DYOR
VWATR Multi-Timeframe RibbonThis script combines and averages Volume-Weighted Moving Averages in a specific way to make a unique ATR band that expands and retracts based on the volume in the current market.
This indicator allows for viewing up to 4 VWATR Bands on all the major trading timeframes.
This creates support and resistance levels that are fluid enough for traders to use these 4 methods:
- Identify a range to trade between in sideways markets.
- Identify when we are beginning a move(breaking out of the bands and using them as support to trade from).
- During a trend, traders can use higher timeframe VWATR Bands to identify take profits or potential rejection points.
- Identify when a trend may be over(losing the band as support after a breakout).
NOTE: This script will work fine on identifying crypto assets and stocks, but markets with different volume parameters will negatively affect the accuracy of this script.
USD Liquidity Conditions Index Swing Stock Strategy Original credits goes to @ElDoggo22 www.tradingview.com
I looked in the post created by him, of USD liquidity and I have noticed that if you are going to apply a percentile top and bottom to it, can become an interesting swing strategy for US Stocks.
So in this case I decided to create a 99th percentile for top and 4th percentile for bot with a big length, preferably 100+ candles, for this example i took 150.
Rules for entry :
Long : either bot or top lines are ascending
We exit long either the top line is descending, or we have sudden cross of the moving average with both top and bot within the same candle
Short: we enter short when we have a sudden cross down of the moving average with both top and bot within the same candle
We exit short when we have a cross over of the moving average with both top and bot within the same candle ( or we have a long entry condition)
If there are qny questions, please let me know !
Ultra Moving Average Rating Trend StrategyThis is a technical analysis strategy based initially on the rating strategy, but fully adapted and converted to moving average rating.
In this case we are using: Ichimoku, SMA, EMA, ALMA, SMMA, LSMA, VWMA, DEMA, HMA, KAMA FRAMA, VIDYA, JMA, TEMA, ZLEMA, TRIMA and T3 moving averages.
With all of them together I am making an index.
Rules for entry and exit:
If % percentage of all the moving averages is telling to go long , we go long or exit short. And viceversa for short.
If there are any questions, please let me know !
Moving Average Directional IndexMADX is ADX-inspired indicator with moving averages that determines strength of a trend, as well as its direction. Indicator works following:
As the value of MADX increases, so does the strength of a trend
If MADX+ ( green line - bullish MADX ) crosses above MADX- ( red line - bearish MADX ) we consider trend as bullish and vice versa..
There will be situations where MADX- and MADX+ cross multiple times in a short period of time -> that will mean that market indecision is happening and big move will most likely happen after it.
For the calculation of MADX+ and MADX- we need Moving Averages or Exponential Moving Averages with three specific sources ( high, close, low ).
Now, the calculation of each MADX will differ
=> for MADX+: Moving Average (high) / Moving Average (close)
=> for MADX-: Moving Average (close) / Moving Average (low)
Length of Moving Average is editable.
Stock Gaps SPY Correlation StrategyThis is daytrade stock strategy, designed to take the best out of the daily gaps that are forming between the close of previous day and opening of present day.
At the same time its logic has been adapted for SPY chart, in order to use correlation with the other stocks/assets/ etf which are linked with SP500 movement.
Lastly it has been added 2 new confirmation logics, based on the USI: advance/decline chart and percentage above vwap among all US stocks.
The rules for entry are simple :
We are at the opening daily candle, we have a long/short gap based on where the opening is happening and at the same time we are checking to see that the current different between the current difference between low and previous high (or viceversa) is higher than an established parameter(minimal deviation )
For exit, we exit based on time/clock parameter, in this case by default I selected 1h and half before close of the US session.
For testing purposes I have used 10% of the available capital, with a 0.0035$ comission per each share bought ( IBKR comissions)
If there are any questions, please let me know either here or in private !
