Trend Tracer [Cloud] (Expo)█ Overview
The Trend Tracer (Expo) indicator identifies and predicts the future market direction. The cloud is designed to make it easier to see when a market is trending in one direction or another and to help traders identify potential entry and exit points, as well as trend changes. It is a visual representation of the price's momentum, price action, and volatility by using the trend range in a cloud-like pattern. The bigger the cloud, the more momentum the price has.
█ How is the trend tracer cloud calculated?
The primary function used in the code is an extension of traditional single-smoothed moving averages, using a more sophisticated weighting system to reduce the effect of short-term fluctuations and provide a clearer view of the underlying trend. Using this function, we get a unique leading trend tracer while maintaining a robust long-term trend tracer. This allows for more accurate trending signals and helps reduce the amount of noise in the data.
█ Trend Cloud Trading
Trend Cloud Trading is a type of trading based on technical analysis that uses a tool called a trend cloud. A trend cloud is a graphical representation of how a certain asset or instrument is trending over a specific period of time. The trend cloud will highlight areas where there is high volatility, low volatility, and the current trend direction and its strength.
█ How to use
One way of using the indicator is to look for a "cloud break," which is when the cloud turns from red to green (or vice versa) and indicates a change in the trend.
S/R Levels
The Trend Tracer Cloud can be used to find support in a bullish trend and resistance in a bearish trend. If the cloud is sloping downwards in a bearish trend, traders can look for potential resistance levels at the highs of the cloud. Similarly, if the cloud is sloping upwards in a bullish trend, traders can look for potential support levels at the lows of the cloud.
Volatility
The width of the cloud is used to determine if there is high or low volatility.
Strength
The deviation between the leading trend advisor line and the price determines whether a trend is strong or weak. The larger the deviation, the stronger the trend move.
█ Indicator Features
Trend Cloud
It highlights the trending range, current volatility, and trend direction.
Trend Advisor - leading and trending + cloud
The leading trend advisor highlights the short-term trend strength and momentum, while the trending trend advisor highlights the underlying long-term trend.
Trend Tracker
The Trend Tracker is a fast-moving trend-following line that combines long-term and short-term trend characteristics.
Trend Candlesticks
The Bar coloring uses momentum to highlight the current trend direction.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Trendtrading
Market Structure MA Based BOS [liwei666]
🎲 Overview
🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method
when trend beginning, customer your BOS with 2 parameters now.
🎲 Indicator design logic
🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details.
1. use close-in EMA's highest/lowest value mark as SWING High/Low when EMA crossover/under,
not use func ta.pivothigh()/ta.pivotlow()
2. once price reaching EMA’s SWING High/Low, draw a line link High/Low to current bar, labled as BOS
3. find regular pattern benefit your trading.
🎲 Settings
🎯 there are 4 input properties in script, 2 properties are meaningful in 'GRP1' another 2 are display config in 'GRP2'.
GRP1
MA_Type: MA type you can choose(EMA/RMA/SMA/HMA), default is 'HMA'.
short_ma_len: MA length of your current timeframe on chart
GRP2
show_short_zz: Show short_ma Zigzag
show_ma_cross_signal: Show ma_cross_signal
🎲 Usage
🎯 BOS signal usually worked fine in high volatility market, low volatility is meaningless.
🎯 We can see that it performs well in trending market of different symbols, and BOS is an opportunity to add positions
BINANCE:BTCUSDTPERP
BINANCE:ETHUSDTPERP
🎯 MA Based signal is earlier than pivothigh()/pivotlow() method when trend beginning. it means higher profit-loss rate.
🎯 any questions or suggestion please comment below.
Additionally, I plan to publish 20 profitable strategies in 2023; indicatior not one of them,
let‘s witness it together!
Hope this indicator will be useful for you :)
enjoy! 🚀🚀🚀
Trend Analysis Ultimate (Zeiierman)█ Overview
Trend Analysis Ultimate (Zeiierman) highlights meaningful pullbacks within active market trends and visualizes them through green and red columns, retracement triangles, and an optional trend-colored background. It is designed to make the distinction between continuation and transition phases clear at a glance while automatically managing dynamic trailing stops, early and partial profit-taking levels, and alert conditions for entries, take-profits, and full exits.
The system adapts to changing market structure in real time, allowing traders to monitor momentum shifts, retracement strength, and phase transitions with precision. By combining structural mapping with adaptive sensitivity controls, it provides a complete framework for identifying where a trend is likely to continue, pause, or reverse.
⚪ Why This One Is Unique
Unlike traditional trend tools that simply color bars or measure moving averages, Trend Analysis Ultimate integrates retracement mapping with trend phase detection. Its framework merges contextual structure analysis (higher highs/lows or lower highs/lows) with dynamic sensitivity controls, identifying both the rhythm and the stress points within a trend.
Through a unified signal logic and adaptive retracement engine, traders can distinguish between normal pullbacks within a trend and retracements that precede reversal — all visualized with intuitive, color-coded accuracy.
█ Main features
⚪ Retracements
A retracement is a temporary move against the prevailing trend. It often signals a pause, potential continuation opportunity, or the early stages of a reversal. In this indicator, green/red retracement columns mark significant pullbacks that frequently precede new local highs/lows, continuation legs, or the end of a trend.
Key concept: Retracements appear at both continuation points and turning points. The trader’s edge is in recognizing whether the pullback is a reset of strength or the first warning that the current trend is losing control.
Bullish Retracement
Bearish Retracement
⚪ Retracements Signals
The Retracement Signals feature highlights the precise moments when a temporary counter-move within a dominant trend shows signs of exhaustion and potential continuation. It converts early momentum shifts into clear bullish or bearish setup signals.
Bullish Retracement Signal
Bearish Retracement Signal
⚪ Trend
The Trend Feature visually defines the current market regime — bullish, bearish, or neutral — by dynamically coloring bars, the indicator background, and the Confirmed Trend Columns in the lower panel. Together, these elements reflect the underlying directional bias detected by the trend engine, providing immediate context for all retracement, continuation, and entry signals.
Green bars, background, and confirmed columns → Active Bullish Trend Phase
Red bars, background, and confirmed columns → Active Bearish Trend Phase
Light or neutral bars → Transition Phase, signaling potential trend change or reduced directional strength.
█ How to Use
⚪ Major Retracements / Pullbacks
Major Bullish Retracements
Step 1: Ask Key Context Questions
When green retracement columns appear in the indicator window, ask yourself:
Are we in a bullish trend? Look for higher highs (HH) and higher lows (HL). Confirm that trendlines are pointing upward.
Is this forming a higher low? Green columns often print during pullbacks, just before price forms a higher low and the uptrend continues.
Is this a healthy correction? If price respects previous structure or the rising trendline, and the green bars begin shrinking, it indicates renewed strength and that the pullback may be ending.
Step 2: Apply Practically
If the answers above are Yes, the retracement likely represents a continuation opportunity.
Confirm an uptrend (HH/HL structure, rising trendlines).
Treat green columns as a pullback zone within that trend.
Watch for confirmation such as:
Rejection candles near support
Break of a short-term downtrend line
Volume confirming renewed buying pressure
Enter once price resumes upward movement, not during the retracement itself.
Major Bearish Retracements
Step 1: Ask Key Context Questions
When red retracement columns appear in the indicator window, ask yourself:
Are we in a bearish trend? Check if lower highs (LH) and lower lows (LL) are forming, and confirm that trendlines are pointing downward.
Is this forming a lower high? Red columns often appear during pullbacks, just before price forms a lower high and the downtrend resumes.
Is this a healthy correction? If price respects prior resistance or a falling trendline, and the red bars begin shrinking, it signals renewed weakness and that the pullback may be ending.
Step 2: Apply Practically
If the answers above are Yes, the retracement likely marks a continuation opportunity in the prevailing downtrend.
Confirm a downtrend (LH/LL structure, falling trendlines).
Treat red columns as a pullback zone within that trend.
Watch for confirmation such as:
Rejection candles near resistance
Break of a short-term uptrend line
Volume confirming renewed selling pressure
Enter once price resumes downward movement, not during the retracement itself.
⚪ Minor Retracements / Pullbacks
Minor retracements represent short, fast counter-moves within an active trend. They often occur as quick pauses or micro-corrections and are best suited for scalping or short-term continuation setups. Always align these signals with the dominant background trend and confirm direction using clear trendlines to stay on the right side of market structure.
Minor Bullish Retracements
When price is in a clear uptrend and a small pullback occurs:
Watch for short sequences of green retracement impulses (▲) or shrinking green columns on the indicator.
Treat these as quick buy-the-dip zones within the larger bullish context.
Look for confirmation from trendline support or a rejection candle before entering.
Minor Bearish Retracements
When price is trending downward and a brief rally appears:
Watch for red retracement impulses (▼) or shrinking red columns indicating weakening upward correction.
Use these as potential short re-entry zones in line with the broader downtrend.
Confirm with rejection at resistance or a break of a short-term uptrend line.
⚪ Retracements Signals
Bullish Signals
Bullish Retracement Signals appear during an active uptrend, typically within retracement phases when the market experiences a short-term pullback against the main trend. These signals are triggered when the retracement shows signs of exhaustion and the indicator detects renewed buying momentum aligned with the broader bullish structure.
They highlight potential continuation points, where the price may resume making higher highs after completing a healthy correction. This setup leverages the natural rhythm of the market — capturing the moment buyers regain control following temporary weakness.
Bearish Signals
Bearish Retracement Signals form during an active downtrend, typically within counter-trend rallies or retracement phases against the dominant bearish direction. They emerge when temporary upward movement loses strength, and the indicator identifies renewed selling pressure aligned with the main trend.
These signals often precede fresh downside continuation — when sellers reassert control and push price toward new lower lows.
⚪ Identifying the End of One Trend and the Start of Another
Every trend eventually runs out of strength. Early signs often look like a normal retracement, a routine pullback within the existing move. But when price fails to attract enough buyers or sellers to continue in the same direction, that retracement can mark the turning point where momentum shifts and a new trend begins.
When price can no longer find support in an uptrend or resistance in a downtrend, it signals exhaustion of the current phase and a possible transition into the opposite direction. The retracement columns highlight these transition zones, areas where one trend may fade and another may start forming.
When they appear, it’s important to ask:
Is the current trend mature? The longer a trend has been running, the greater the likelihood of reversal. If retracement columns show up late in a multi-leg move, treat them as early warnings.
Are there reversal signs forming? Watch for structures like double tops, double bottoms, trendline breaks, or channel violations that suggest the trend’s strength is fading.
By combining retracement columns with a clear understanding of trend structure and price action, traders can better distinguish between healthy pullbacks and the emergence of a new trend.
Bullish Trend Ends
Bearish Trend Ends
█ How It Works
⚪ Trend Phase Architecture
The indicator models directional bias through a continuously adaptive trend-mapping framework. It classifies market states as bullish, bearish, or neutral based on slope polarity and structural persistence.
Calculation: Utilizes layered regression vectors and dynamic range analysis to estimate directional gradients, blending short- and long-term components to maintain stability while remaining responsive to new motion.
⚪ Retracement Detection Engine
Retracement columns quantify counter-movements within the dominant trend, identifying deceleration, pullback depth, and phase overlap. Each bar’s classification reflects the relative strength trend progression.
Calculation: Applies trend-state comparison with phase-weighted averaging to isolate transitional motion. The resulting dual-polar columns (green/red) are normalized to a zero-centered scale for visual symmetry and precision.
⚪ Impulse & Triangle Module
Retracement impulses (▲/▼) represent local acceleration spikes during pullback phases, revealing the moment when opposing momentum reaches statistical significance.
Calculation: Identifies short-term impulse clusters through curvature mapping to isolate localized bursts of directional momentum within the retracement phase.
⚪ Entry & Signal Logic
The entry module fuses retracement data with trend-state validation, filtering signals through contextual structure and confirmation hierarchy. Only qualified impulses aligned with the dominant vector trigger actionable events.
Calculation: Integrates a composite decision function using multi-phase sensitivity weighting, differential smoothing, and state gating to separate impulsive noise from valid continuation momentum.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Script pago
Trendly
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About the script:
This script is an easy-to-use trend indicator, which is based on another popular indicator called "Supertrend" . The basic idea is very simple, i.e. to compute Average True Range(ATR) and use that as the basis for trend detection. The key difference lies in a custom trend detection method, that computes trends across different timeframes and projects them in a table view. The script also tries to improve the behaviour of the existing indicator by highlighting flat regions on the chart, indicating sideways market or potential trend reversals.
How to use it:
You can use it just like any other indicator, add it to your chart and start analysing market trends. Results can be interpreted as follows.
Indicator output is currently made up of two main components:
>> Trend Table:
Appears at the bottom right of your screen
Contains trend indicator for 9 different timeframes
Timeframes can be adjusted using indicator settings panel
Green Up Arrow --> Up Trend
Red Down Arrow --> Down Trend
>> Enhanced Supertrend:
Shows up as a line plot on the chart
Green line indicates up trend
Red line indicates down trend
White regions indicates slow moving markets or a potential trend reversal
Indicator can be used on any timeframe, it provides a view of current and historical market trend
Can be used as an indicator for entering/exiting trades
Can be used to build custom trading strategies
Price Filter [AstrideUnicorn]The indicator calculates a fast price filter based on the closing price of the underlying asset. Overall, it is intended to provide a fast, reliable way to detect trend direction and confirm trend strength, using statistical measures of price movements.
The algorithm was adapted from Marcus Schmidberger's (2018) article "High Frequency Trading with the MSCI World ETF". It demeans the price time series using the long-term average and then normalizes it with the long-term standard deviation. The resulting time series is then compared to specified thresholds to determine the trend direction.
HOW TO USE
The indicator surface is colored green if the price is trending upwards and red if the price is trending downwards. If the indicator outline is the opposite color of the indicator surface, it indicates that the price is moving against the trend and the current trend may be losing strength.
If the 'Use threshold' setting is enabled, the indicator will be colored blue if its value is within the range defined by the upper and lower thresholds. This indicates that the price is trending sideways, or that the current trend is losing strength.
SETTNGS
Length - the length of the long-term average used to calculate the price filter. Recommended range 20 - 200. The sensitivity of the indicator increases as the value becomes smaller, allowing it to detect smaller price moves and swings earlier.
Threshold - the threshold value used to detect trend direction.
Use threshold - a boolean (true/false) input that determines whether to use the threshold value for confirmation.
EURUSD COT Trend StrategyThis is a long term/investment type of strategy designed to have a good idea about where the big trend direction is headed.
Its logic, its made entirely on the COT report, mainly from looking into the net non comercial positions aka the speculators.
For bullish trend we look that the difference between long non comercial vs short non comercial is higher than 0
For bearish trend we look that the difference between long non comercial vs short non comercial is lower than 0.
This is mainly as an educational tool, for a full strategy, I recommend implement other things into it, like technical analysis or risk management.
If you have any questions, please let me know !
RSI Divergence Strategywhat is "RSI Divergence Strategy"?
it is a RSI strategy based this indicator:
what it does?
it gives buy or sell signals according to RSI Divergences. it also has different variables such as "take profit", "stop loss" and trailing stop loss.
how it does it?
it uses the "RSI Divergence" indicator to give signal. For detailed information on how it works, you can visit the link above. The quantity of the inputs is proportional to the rsi values. Long trades are directly traded with "RSI" value, while short poses are traded with "100-RSI" value.
How to use it?
The default settings are for scalp strategy but can be used for any type of trading strategy. you can develop different strategies by changing the sections. It is quite simple to use.
RSI length is length of RSİ
source is source of RSİ
RSİ Divergence lenght is length of line on the RSI
The "take profit", "stop" and "trailing stop" parts used in the "buy" group only affect buys. The "sell" group is similarly independent of the variables in the "buy" group.
The "zoom" section is used to enlarge or reduce the indicator. it only changes the appearance, it does not affect the results of the strategy.
RSItrendRSItrend is a trend indicator based on the standard RSI.
The logic of building the indicator: We build a channel based on the RSI extremes. The exit of the RSI from the channel up is the beginning of the uptrend, the exit of the RSI from the channel down is the beginning of the downtrend. In the downtrend, the candles are colored blue, in the uptrend - orange.
Possible use of the indicator:
I recommend using it with heiken ashi
On small timeframes, you can trade using extremes that are easy to determine by the indicator, as shown in the example given.
On the higher timeframes above the day, you can simply buy an orange bar, sell a blue one. Add a few money management techniques and make a profit.
Trend line & pivot level
This script can plot pivot levels and trend lines that are haven't broke out.
In the setting, left and right means how to get the pivot. the pivot will be gotten based on the left candles and the right candles. boxes will be auto deleted after the box was broke.
Important: This is just a beta version, if you find some bug with using this script. Don't hesitate to contact me.
What the future version will have? Might be pattern scanner, multi trend line, levels in different time frame, break out alert, or better key level algorithm. Depends on when I have free time.
The Flower - Multiple Strategy Options in OneStrategy Overview
This strategy code currently includes four separate strategies to be used to either aid in discretionary trading or to be used algorithmically through the third-party system Profitview (profitview.app). Support for Pineconnector for use with MetaTrader 4 is in the works. The strategies have been designed with cryptocurrency trading in mind, however, the fundamentals apply to other assets.
The four strategies currently included are labeled “TSI Cross” (the default setting), “Oscillator Bands”, “Scalping”, and “McG/MA Cross”. Detailed information for each independent strategy can be found below, including sample settings configurations for each. A dropdown menu to select the strategy can be found under the “Strategy Options” set of settings under the Input tab of the strategy settings menu.
Additionally, the option to receive only long or short signals can be found alongside the Strategy Choice menu.
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly.
The only visuals associated with the strategy are two McGinley Dynamic lines, red (slow length) and green (fast length). These are relevant to the McGinley Cross strategy, but can be used alongside the other strategies if desired.
When viewing the backtesting data in the TradingView Strategy Tester, ensure that “use bar magnifier” is activated. This option can be found in the Properties tab of the strategy settings menu.
Profitview Settings
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. A sample of our Profitview syntax can be found below.
To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
Strategy Choices
As mentioned above, this strategy code contains four separate strategy options. A detailed breakdown of each follows below:
Total Strength Index (TSI) Cross
This strategy option is the default choice. The main signal involved in this strategy is a crossover or crossunder of the TSI value line and TSI signal line, however, there are a few other signals involved in the creation of a long or short entry. In addition to the TSI, the strategy includes an Average Directional Index (ADX) threshold value, Jurik Volatility Bands (JVB), a Stoch RSI threshold, and an oscillator of choice in conjunction with a threshold of 0. This oscillator choice can be selected under the “Signal Options” menu in the Input tab of the strategy settings. The default oscillator is the Detrended Price Oscillator (DPO), though the option for Chande Momentum (CMO) or Rate of Change (RoC) are both viable for this strategy.
Individual settings for these can be found in the Input tab under “Oscillator Settings” (TSI, Stoch RSI, DPO, CMO, ROC), “Band/Channel Settings” (Jurik Volatility Bands Length/Smoothing), and “Directional Settings” (ADX Smoothing Long, DI Length Short, ADX Threshold).
Sample settings for SOLUSDT using the 20M timeframe:
- Oscillator Settings -- DPO Length (21), DPO *not* centered, RSI (Stoch) Length (4), Stochastic Length (4), TSI Long Length (25), TSI Short Length (13), TSI Signal Length (13), K (3), D (3)
- Band/Channel Settings -- Jurik Volatility Bands Length (25), Jurik Volatility Bands Smoothing (5)
- Directional Settings – JVB Price Threshold (0), ADX Smoothing Long (5), DI Length Short (5), ADX Threshold (23)
- Take Profit/Stop Loss – 0.85% TP, 0.005% TTP, 1.3% SL
Oscillator Bands
This strategy involves the usage of bands or channels that use oscillators as a source input. The main signal for this strategy derives from a cross of the band or channel and a hline of 0. Additionally, this includes a “Directional Filter” and a “MA Filter”. The selections for all of these can be found in the “Signal Options” section of the Input tab.
First option is for Oscillator Choice and includes DPO, CMO, ROC, RSI, TSI, and the Jurik price line. The individual settings for these can be found in the “Oscillator Settings” section. Different channels can be selected for the upper or lower bands, though it is not necessary for them to differ. These current options include Bollinger Bands and Jurik Volatility Bands, the individual settings for each found in the “Band/Channel Settings” section. Next is the MA Filter, of which you can select SMA, EMA, SMMA, WMA, VWMA, KAMA, JMA, or McGinley Dynamic. All options for these settings can be found in the “MA Filter Settings” section. Lastly, the Directional Filters can be selected for either direction like the upper/lower band selection. These filters include the ADX, Bull-Bear Power (BBP), Parabolic SAR (PSAR), or Jurik.
Sample settings for WAVESUSDT using the 20M timeframe:
- Oscillator Choice – DPO (Length – 30, uncentered)
- Upper and Lower Band – JVB Upper/Lower (Jurik Volatility Bands Length – 25; Smoothing – 10)
- MA Filter – VWMA – (MA Length – 40; Source – Open)
- Directional Filter – ADX (ADX Smoothing Long – 14; DI Length Short – 5; ADX Threshold – 22)
- Take Profit/Stop Loss – 0.85% TP, 0.005% TTP, 1.3% SL
Scalping
This strategy heavily relies on the usage of Parabolic SAR, accompanied by a “Directional Filter” (as discussed in the previous section) other than PSAR. This strategy can provide a higher frequency of trades as opposed to the other strategies available, however, it comes with slightly higher risk inherently. A riskier take profit/stop loss spread is recommended here, though risk should always be managed. The settings required for this strategy are all found under the “Directional Settings” section of the strategy inputs.
Sample settings for NEARUSDT using the 20M timeframe:
- Directional Filter set to ADX
- Directional Settings – ADX Smoothing Long (5), DI Length Short (5), ADX Threshold (22), PSAR Start Value (0.02), PSAR Increment (0.005), PSAR Max Value (0.15), PSAR Source (Close)
- Take Profit/Stop Loss – 0.75% TP, 0.005% TTP, 1.5% SL
McGinley Cross
This strategy revolves around the crossing of two McGinley Dynamic lines of varying lengths alongside an ADX filter as well as a DPO filter. McGinley is used as opposed to a standard moving average cross strategy as it adjusts for shifts in market speed and can better gauge market trends. The McGinley length settings can be found with the “MA Filter” settings, labeled as Fast Length and Slow Length. The fast length number should be smaller than the slow length.
Sample settings for SOLUSDT using the 20M timeframe:
- Oscillator Settings – DPO Length (30), uncentered
- MA Filter Settings – McGinley Fast Length (4), McGinley Slow Length (21)
- Take Profit/Stop Loss – 0.85% TP, 0.005% TTP, 1.4% SL
Comprehensive Settings List
Date and Time: From date and to date, adjustable for backtesting purposes.
Signal Options:
Oscillator Choices: Chande Momentum Oscillator (CMO), Detrended Price Oscillator (DPO), Rate of Change (ROC), Relative Strength Index (RSI), True Strength Index (TSI), Jurik Volatility Bands Priceline (JVB) – *** for use with TSI Cross or Oscillator Bands strategies only ***
Upper and Lower Band/Channel Choices: Bollinger Bands (BB) or Jurik Volatility Bands (JVB) -- *** for use with Oscillator Bands strategy only ***
MA/McG Filter: SMA, EMA, RMA, WMA, VWMA, Kaufmann MA, Jurik MA, McGinley Dynamic -- *** for use with Oscillator Bands strategy only ***
Directional Filter Long/Short: Average Directional Index (ADX), Bull/Bear Power (BBP), Parabolic SAR (PSAR), Jurik -- *** for use with Oscillator Bands strategy only ***
Profitview Settings: *** For use with ProfitView extension only, otherwise ignore ***
Oscillator Settings: *** For use with TSI Cross, Oscillator Bands, and McGinley Cross strategies ***
CMO Length, CMO Source – for Chande Momentum Oscillator
DPO Length, DPO Centered – for Detrended Price Oscillator
RoC Length, RoC Source – for Rate of Change
RSI Length, RSI MA Length – for Relative Strength Index
RSI (Stoch) Length, Stochastic Length, Stoch RSI Source, K, D – for Stochastic RSI
TSI Long Length, TSI Short Length, TSI Signal Length – for True Strength Index
Band/Channel Settings: *** For use with Oscillator Bands strategy ***
Jurik Volatility Bands Length, Jurik Volatility Bands Smoothing – for Jurik Volatility Bands
Bollinger Band Length, Bollinger Band Multiplier – for Bollinger Bands
Directional Settings: *** For use with Scalping and Oscillator Bands strategies ***
JVB Price Threshold – for Jurik Volatility as a directional setting
ADX Smoothing Long, DI Length Short, ADX Threshold – for Average Directional Index
PSAR Start Value, PSAR Increment, PSAR Max Value, PSAR Source – for Parabolic SAR
MA Filter Settings: *** For use with Oscillator Bands and McGinley Cross strategies ***
McGinley Fast/Slow Length – for McGinley Dynamic
MA Length, MA Source, MA Offset – for any other moving average
TP and TTP / Stop Loss: *** For use with ALL strategies ***
Long/Short Take Profit % -- for standard take profit settings
Enable Trailing, Trailing Take Profit % -- for trailing settings
Stop Loss % -- for standard stop loss settings; trailing can be enabled or disabled for stop loss
Disclaimers:
Some open-source code has been included -- Jurik Volatility Bands (by "ProValueTrader") and Trailing Take Profit/Stop Loss code (by jason5480). Additional code was used from the TradingView built-ins.
These strategies do NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Invites to the strategy will only be disseminated to those with express consent and knowledge of the invite prior to the action itself.
Change of VolatilityOVERVIEW
The Change of Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions.
CONCEPTS
This indicator assists traders in capitalizing on the assumption that trends are more likely to start during periods of high volatility compared to periods of low volatility . This is because high volatility indicates that there are bigger players currently in the market, which is necessary to begin a sustained trending move.
So, to determine whether the current volatility in the market is low, the indicator will grey out all the areas on the chart whose short term standard deviation of volatility is lower than the long term standard deviation of volatility.
If the short term standard deviation of volatility is above the long term standard deviation of volatility, the current volatility in the market is considered high. This would the ideal time to enter a trending trade due to the assumption that trends are more likely to start during these high-volatility periods.
HOW DO I READ THIS INDICATOR
When the histogram is grey, don't take any trend trades since the current volatility is less than the usual volatility experienced in the market.
When the histogram is green, take all valid with-trend trades since the current volatility is greater than the usual volatility experienced in the market.
Swing Oscillator [AstrideUnicorn]The Swing Oscillator is an indicator that can help you catch small price movements, called swings. Swings are minor trends that occur when price moves between the highs and lows of a trend or range. Because of the short-term nature of swings, a new movement should be identified as soon as possible.
The indicator is based on our original formula, which averages the length of candlestick bodies and compares the result to several thresholds. This allows the algorithm to determine the direction and strength of the price movement.
HOW TO USE
When the indicator is above the zero level and colored green, it means that the price is in an upward swing. When the indicator is below the zero level and colored red, the price is in a downward swing. When the indicator is blue, the price swing is slowing down or the market is moving sideways. The amplitude of the oscillator shows the price volatility.
ATR Trend Run - Signals Alerts SL and TP by Tech Store OnThe script uses several ATR formulas for entering/exiting trades, support/resistance lines to take TP1 (take profit 1) and another ATR formula for TP2 (take profit 2). Everything is fully configurable to your preference, and you can back-test it via TradingView. You can also configure the indicator for signals during US trading sessions (with or without power hour), as well as taking profits/stop-loss session time(s), as well as to close a position at the end of the trading session no matter what. Also, you can turn all of that off, so there are no trading session/end of day limits and each trade will run until it either hits SL, TP1, TP1 > back to entry, TP2. Note: indicator is set to skip consecutive/opposite signals, while you currently have a trade open > if you hit a trend – ride it to the end!
For example: If you will be day trading SPY and you wish to close your positions no matter what right before the market closes (3:45PM ET > 15min before closes): Make sure to checkbox “Intraday – Close Position Before Market Closes” in the strategy/indicator Settings, so that you are alerted soon before the market closes, if you wish to continue holding the position – leave this checkbox unchecked.
SL: SL is set to be slightly above/below the signal candle, which is best suited for this strategy.
Strategy Take Profit Approach
While the initial position open and SL hit is always based on a closed candle bar (can’t do otherwise, as otherwise you will have 10s of fake signal alerts), there are 2 ways on trading this strategy in terms of TP1 and TP1 taken > back to Entry, which is based off Alert type.
You can switch this as you like within the indicator settings, “Checked: TP1 taken > back to Entry per Price Touch | Unchecked: per Candle Close”.
Candle Close vs Price Touch: with the Default method - Candle Close for an alert for TP1 or if price comes back to Entry after TP1 is taken will only be triggered once candle bar fully closes crossing the area, while Price Touch will alert when price touches the area before candle bar closes.
For example: your trade is running well, you grab TP1 and the price reverses and hits your trade Entry area. With Price Touch – you are immediately alerted to close your trade with no loss and with TP1 profit. With Candle Close - you will receive an alert only once candle bar fully closes on top of the Entry crossing it backwards, meaning it may lower your TP1 profit or even completely reverse the trade into loss in case it will be a huge candle bar for any reason. However, it may touch the Entry area, looking like the price is reversing, but then continue per initial trade direction, sometimes becoming a trend. So, while Price Touch seem like a more conservative approach, Candle Close can give you much bigger profits if you catch a trend, but you can always change it via the Settings.
Note: TradingView back-testing engine does not have a feature to open/close orders IMMEDIATELY via Price Touch trigger, but only when the candle closes after price touches the scripted area/line/etc., so you for the most accurate results, test your strategy out via Candle Close setting. Otherwise, decide yourself. I personally like more Candle Close since I can test it out via back-testing with the most accurate results.
TP2 is set per Candle Close as often the ATR trailing stop line will be hit and bounced off, so it’s best to wait until candle actually breaks it/closes through it.
Note: If you will be observing the strategy LIVE, during LIVE candle bar movement – it will look weird, like it’s placing an order after order during any trigger – this seem like a TradingView bug, but is only observational, once the candle bar is closed and you refresh TradingView it will all look correct.
Back-Testing
If you wish to do some back-testing, just modify the strategy/indicator Settings:
-----1) STRATEGY: This is for back-testing/experimenting with the script inputs.
----------a. You can setup a start date (date, month, year) from which it will start opening back-test trades, select a position size and select TP1 size, the idea here is to close half (or whatever you choose) portion of the trade once you hit your TP1, then to either close at small profit or to catch a trend and close the second portion of the position long way ahead from Entry, otherwise it will alert you to close the position at TP2, if price comes back to Entry, at reversal signal or at the end of US trading session if the option for it is checked. If you wish to close the whole position at TP1, just enter the same amount for TP1 to match backtest position size. Otherwise you can experiment with TP1 sizing – try it out!
-----2) Feel free to experiment with ATR settings and with S&R Left/Right bars, you may be amazed how results will differ and find some really cool combinations!
-----3) Make sure you select/de-select “Intraday – Close Position Before Market Closes” setting depending on what you are back-testing and on which conditions
-----4) Note: If you wish to do some deep back-testing (1+ years), use the “Deep Backtesting” feature within Strategy Tester on the TradingView as otherwise it may show wrong results or even fail to compute the results
Add the alerts
-----Right-click anywhere on the TradingView chart
-----Click on Add alert
-----Condition: ATR Trend Run - Signals Alerts SL and TP, by Tech Store On
----------o Right underneath the condition click on the drop-down menu and select “alert() function calls only”
-----Expiration time: Whatever you wish
-----Alert actions: Whatever notifications you wish
-----Alert name: DO NOT TOUCH THIS
-----Hit “Create”
-----Note: If you change ANY Settings within the indicator – you must DELETE the current alert and create a new one per steps above, otherwise it will continue triggering alerts per old Settings!
- Note: If you add the alert while the script is currently “In Position” it will not know that. So either wait when there will be no position open at all or close your position partially if the bot opens it twice bigger or so in case per script the bot will think it is already in position.
Note: Because of the slippage and the order processing time between TradingView, AutoView and the Broker (it’s usually about a second or so), it is suggested to not use a timeframe lower than 1min. The script is working really well with 1M/3M/5M/H1/H4 timeframes per my back-testing, but feel free to explore via Strategy Back-testing what’s best for the instrument you wish to trade.
If you wish to try this out for a week or so – please reach out and I will give you access.
Keltner Channel Volatility FilterOVERVIEW
The Keltner Channel Volatility Filter indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions.
CONCEPTS
This indicator assists traders in capitalizing on the assumption that trends are more likely to start during periods of high volatility compared to periods of low volatility . This is because high volatility indicates that there are bigger players currently in the market, which is necessary to begin a sustained trending move.
So, to determine whether the current volatility in the market is low, the KCVF will grey out all bars whose average price is within the Keltner Channels.
If the average price breaks out of the Keltner Channels , it is reasonable to assume we are in a high-volatility period. Thus, this is the ideal time to enter a trending trade due to the assumption that trends are more likely to start during these high-volatility periods.
HOW DO I READ THIS INDICATOR
When the candles are greyed out, don't take any trend trades since the current volatility is less than the usual volatility experienced in the market.
When the candles aren't greyed out, take all valid with-trend trades since the current volatility is greater than the usual volatility experienced in the market.
Qube [AstrideUnicorn]Qube is an indicator that shows market regimes. It is able to detect medium and long term trends and ranging markets. If the indicator bars are colored blue and are between the two blue lines, it means that the market is in sideways movement or consolidation. If indicator bars cross the upper boundary and are colored green, it means that the market is in an uptrend. Red bars crossing the lower blue line indicate a downward trend. The red or green columns are further referred as signal bars.
The indicator is based on the normalized momentum oscillator raised to the third power. This is done to increase the sensitivity of the indicator and to emphasize the difference between the market modes.
The indicator can be used in different ways. One of them is determining the trend direction based on the last signal bar. Even if the current indicator bar is blue (showing range or consolidation), the user should consider the longer-term market mode as upward if the last signal bar is green. And vice versa, if the last signal bar is red, the current market bias is downward. One other way to use the indicator is to catch active price impulses, when columns of the same color (red or green) appear consecutively.
Mastering Market Structure"Market structure first, always" - Mr. Anderson aka TrueCrypto28 right before he went on to master Kung-Fu
Understanding and identifying market structure is essential for successful and consistent profitability. No system is perfect, but trading in the direction of the prevailing market structure can reduce the likelihood of being caught severely offsides and can yield trades with tighter invalidations and greater risk-to-reward potential.
This script will automatically identify and plot the following:
Market Structure
Pivot highs and lows using the lookback left and right lengths are analyzed to identify major swing highs and lows to identify the current trading range.
Bullish structure is characterized by a series of higher highs and higher lows.
Bearish Structure is characterized by lower highs and lower lows.
Structure breaks when a bar closes outside the current trading range. Major swing highs and lows will update following these breaks to continue following the current price action
Current market structure bias, bullish or bearish, can be displayed in a table in the location of your choosing.
Structure is fractal, so seeing low time frame structure shift against the high time frame structure can identify the beginning of a pullback. When it realigns with the high timeframe structure, it can identify the beginning of the high time frame trend continuation. You can choose to analyze structure on any timeframe with this script and even add multiple copies of it to your chart each analyzing different a timeframes to easily find high quality trade opportunities.
Fibonacci Levels of the current trading range
These are included to help identify areas of interest for trade execution and profit levels.
We want to buy at a discount and sell at a premium. The "Wholesale Zone" can be considered below the 50% retracement level in bullish structure, or above it in a bearish structure.
When in a bullish structure, "discount" buy opportunities can be found below the 50% retracement level with the expectation of trend continuation.
In a bearish structure, more ideal "premium' sell opportunities can be found above the 50% retracement with the expectation of trend continuation.
Optimal trade entry (OTE) zone, between the 61.8% and 78.6% retracement can offer a great risk-to-reward ratio for execution of a new position in trending environments.
When trading sideways in a range, opening new buy positions near the bottom of the range or new sell positions from the top of the range are preferred. Midrange 50% level commonly sees some reaction and can be used as a primary target with further targets either being the opposite end of the range or lower support levels (see order block section).
Order Blocks
New Bullish and bearish order blocks are created and plotted with every respective market structure break. They identify the price level from which the most recent leg of price action that yielded the structure break began.
In strong trending environments, these levels should continue to support or resist price. They are great areas to look to enter new positions.
Order blocks can also be used as targets for your trades to avoid giving back unrealized profits as price tends to react off of these levels.
To keep your chart clean and the order blocks relevant, an order block will be automatically deleted if price trades through and closes beyond it. Otherwise, printed order blocks will remain on your chart until either it's origin bar is out of TradingView's maximum bar history allowance or their maximum box count allowance.
Pairing these with fibonacci levels, retracements into order blocks that are in the Wholesale Zone or even the OTE zone offer higher probability trades with more favorable risk-to-reward potential.
Swing Failure
Swing failure patterns (SFPs) arise when a candle takes out a swing high or low, but fails to close beyond it.
Again, pairing these with other features of this script like range boundaries, wholesale zones, OTE zones, and order blocks can help traders identify the best times to actually execute their trade as SFPs are commonly seen at points of inflection in price action.
Moving Averages
Up to 4 moving averages from the current time frame are available. MA type and lengths can be adjusted to your preference.
Up to 4 MTF MAs. By Default this is an EMA 200 as it is commonly used for trend identification and support/resistance.
These are included for confluence of trend direction and strength.
They can also act as dynamic support and resistance and so can be useful for trade execution if price bounces or rejects off of them or targets as price may do so when it reaches them.
Additionally, alerts have been coded for the following scenarios:
MS Break alerts will trigger on bar close when a break in market structure has been confirmed.
SFP alerts will trigger on bar close when the swing failure pattern has been confirmed.
Entering OB alerts will trigger as soon as price touches the closest order block.
Entering Wholesale Zone alerts will trigger as soon as price cross the 50% retracement level. This can be used as an early alert to identify assets that have undergone a significant pullback before potential continuation in the direction of the main trend.
Entering OTE Zone alerts will trigger as soon as price crosses into the Optimal Trade Entry zone between the 61.8% and 78.6% retracement.
This script is unique in the way that it tracks market structure, automatically updates as price action continues to develop, presents high quality areas of interest, and SFPs for trend reversal and continuation. Traders will no longer need to constantly monitor their charts or exhaustively update their alerts to find good trade opportunities. This script takes care of all of it automatically. Collectively, all of the included features can be used to build a complete trading system.
Wick-off Check Moving Average [Misu]█ This Indicator shows a wick-off check pattern applied to a moving average.
This pattern appears when a candle opens below the moving average and closes above it, or when it opens above a moving average and closes below it. This causes a wick to go through the moving average: a wick-off check moving average.
█ Usages:
This indicator detects small pullbacks in a trend. This is mainly used for trading continuation strategies.
It can also be used to validate a resistance or support level .
█ Features:
> Average Wick Validation: You can validate a wick-off check pattern depending on the average wick size. This is configured with parameters "Lenght Avg Wick Validation" and "Factor Wick Validation".
> Trend Validation: A trend is taken into account when detecting a "continuation pattern". A trend is validated if X candles close above (up trend) or under (down trend) the moving average. This "X" is defined by "Length Bar - Trend Validation" parameter.
> Buy and Sell: Labels are showing wick-of check patterns but can be interpreted as a buy & sell signal.
> Multi Moving Average.
> Alerts.
█ Parameters:
Method Multi MA : The method for calculating the moving average.
Multi MA Length : The length used to calculate the moving average.
Length Bar - Trend Validation : Define the number of bar needed to validate a trend. When price is above the MA, trend is up. When price is under MA, trend is down.
Wickoff Mode : Mode used to detect Wickoff check pattern.
> continuation pattern: only shows wick-off check pattern in a confirmed trend.
> no trend in progress: only shows wick-off check pattern in a not confirmed trend.
> both: shows both.
Lenght Avg Wick Validation : Lenght used to calculate the average wick size.
Factor Wick Validation : Factor used to validate the length of a wick when a wick-off check is detected.
Normalized VolatilityOVERVIEW
The Normalized Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market, relative to the average volatility in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions.
CONCEPTS
This indicator assists traders in capitalizing on the assumption that trends are more likely to start during periods of high volatility compared to periods of low volatility. This is because high volatility indicates that there are bigger players currently in the market, which is necessary to begin a sustained trending move.
So, to determine whether the current volatility is "high", it is compared to an average volatility for however number of candles back the user specifies.
If the current volatility is greater than the average volatility, it is reasonable to assume we are in a high-volatility period. Thus, this is the ideal time to enter a trending trade due to the assumption that trends are more likely to start during these high-volatility periods.
HOW DO I READ THIS INDICATOR
When the column's color is red, don't take any trend trades since the current volatility is less than the average volatility experienced in the market.
When the column's color is green, take all valid with-trend trades since the current volatility is greater than the average volatility experienced in the market.
Normalized VolumeOVERVIEW
The Normalized Volume indicator is a technical indicator that gauges the amount of volume currently present in the market, relative to the average volume in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions.
CONCEPTS
This indicator assists traders in capitalizing on the assumption that trends are more likely to start during periods of high volume compared to periods of low volume. This is because high volume indicates that there are bigger players currently in the market, which is necessary to begin a sustained trending move.
So, to determine whether the current volume is "high", it is compared to an average volume for however number of candles back the user specifies.
If the current volume is greater than the average volume, it is reasonable to assume we are in a high-volume period. Thus, this is the ideal time to enter a trending trade due to the assumption that trends are more likely to start during these high-volume periods.
More information on this indicator can be found on NNFX's video on it in his Indicator Profile series and on Stonehill Forex's blog post on it .
HOW DO I READ THIS INDICATOR
When the column's color is red, don't take any trend trades since the current volume is less than the average volume experienced in the market.
When the column's color is green, take all valid with-trend trades since the current volume is greater than the average volume experienced in the market.
Linear Average PriceWhat is "Linear Average Price"?
"Linear Average Price" is both a trend and an overbought oversold indicator .
What it does?
it creates a trendline and trading zones.
How it does it?
To create the trend line, it averages the difference between each data and chooses it as the slope of the line it creates. then it positions this line so that it passes right through the middle of the data at hand. It uses standard deviation to create trading zones.
How to use it?
It can be used both to have an idea about the trend direction and to determine buy-sell zones. You can choose how many candles the indicator will calculate from the "lenght" section. The "range" part is the coefficient of the standard deviation and can be used to expand or collapse zones.
Bhoomi INDICES 2.1Bhoomi 2.0 is a Market Directional Indicator. It predicts the same by plotting respective zones and Labels.
To request access and to know more Information please contact us here.
Bhoomi 2.0 INDICES works on the Major World Indices as listed on tradingview. More to come in future, but please find the current list below. If you do not see the INDEX you trades, please comment below and we will add that for you.
"SPCFD:SPX"
"TVC:IXIC"
"DJCFD:DJI"
"TVC:NI225"
"CBOE:VIX"
"TSX:TSX"
"TVC:UKX"
"XETR:DAX"
"EURONEXT:PX1"
"EURONEXT:PX1GR"
"EURONEXT:PX1NR"
"TVC:FTMIB"
"TVC:NI225"
"TVC:KOSPI"
"TVC:SHCOMP "
"SZSE:399001"
"HSI:HSI"
"TVC:STI"
"ASX:XJO"
"NZX:NZ50G"
"TWSE:TAIEX"
"FTSEMYX:FBMKLCI"
"IDX:COMPOSITE"
"TVC:SX5E"
"BME:IBC"
"SIX:SMI"
"GPW:WIG20"
"EURONEXT:AEX"
"EURONEXT:BEL20"
"INDEX:BEL20"
"MOEX:IMOEX"
"OMXHEX:OMXH25"
"OMXICE:OMXI10"
"OMXSTO:OMXS30"
"OMXCOP:OMXC25"
"BELEX:BELEX15"
"OMXRSE:OMXRGI"
"OMXTSE:OMXTGI"
"OMXVSE:OMXVGI"
"BIST:XU100"
"TASE:TA35"
"TVC:SA40"
"NSE:NIFTY"
"BSE:SENSEX"
"DFM:DFMGI"
"TADAWUL:TASI"
"QSE:GNRI"
"BAHRAIN:BSEX"
"NSENG:NSE30"
"EGX:EGX30"
"BMFBOVESPA:IBOV"
"BMV:ME"
"BYMA:IMV"
"BVC:ICAP"
"BCS:SP_IPSA"
"BVL:SPBLPGPT"
"CURRENCYCOM:US500"
"CURRENCYCOM:US300"
"CURRENCYCOM:US100"
"CURRENCYCOM:US30"
"INDEX:DEU30"
"CBOE:VXD"
INDEX:DE40
Trend Dominance Multi Timeframe [Misu]█ This indicator shows the repartition of bullish and bearish trends over a certain period in multiple timeframes. It's also showing the trending direction at the time.
█ Usages:
Trend dominance is expressed with two percentages: left is downtrend and right is uptrend. Cell colors turn green if dominance is up and red if it is down.
Knowing the trend dominance allows you to have a better overview of the market conditions.
You can use it to your advantage to favor long or short trades, reversal or breakout strategies, etc.
█ Features:
> Table colors
> Instant Trend Multitimeframe
> Trend Dominance Multitimeframe
█ Parameters:
> Length: Length is used to calculate ATR.
> Atr Multiplier: A factor used to balance the impact of the ATR on the Trend Bands calculation.
> UI Settings
Crypto-DX Crypto Directional Index [chhslai]Crypto-DX can be used to help measure the overall strength and direction of the crypto market trend.
Furthermore, it can be used as a screener to find out cryptocurrencies which are accumulating momentum and tends to potentially pump or dump.
How this indicator works :
If the Crypto-DX cross above the zero-level, it could be an indication that there is a trend reversal into upward. You should close your short position or place a long order right away.
If the Crypto-DX cross below the zero-level, it could be an indication that there is a trend reversal into downward. You should close your long position or place a short order right away.
If the Crypto-DX is consolidated around the zero-level, it could be an indication that the trend may be ended and followed by a sideway market. You are suggested not to place any order and wait for the market moves.
Divergence based trading strategy is fully applicable, just like the MACD.
Screener features :
Plot "Crypto Index" and "5 Custom Crypto"
Plot "Crypto Index" and "Top 30 Crypto"
