MACD Divergence Tops + BottomsMACD Indicator which plots local peaks and troughs in divergence.
"Classic" Divergence is specified as:
- A higher price, with reduced MACD high --> Potential Sell Point
- A lower price, with higher MACD low --> Potential Buy Point
"Alternative" Divergence is specified as:
- A higher MACD high, with reduced price --> Potential Sell Point
- A lower MACD low, with higher price --> Potential Buy Point
MACD Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.
W-bottom
Golden Ratio Fibonacci Multipliers Top Detector [UO]Fibonacci levels that show the critical top and bottom levels. There is no way to miss the top and bottom. And a top detector.
Also the most important SMA lines (SMA 50, 200), EMA21. Those are the most frequently used lines by traders.
This indicator is based on the work of www.tradingview.com
His work set me thinking. Could I also see the bottom using Fibonacci numbers? Yes, of course.
My favorite timeframes with this indicator are 6H, 1D, 3D.
Intensively used for BTC and BNB. And useful for any other coin.
fear&greed by altcoinrookieThis indicator shows extreme moves to find bottoms and tops
Daily use will be more effective
Rookie
BK Scalp Signal Trader by Boris SchlossbergThis is part 2 of 2 part system of indicators that allows traders to scalp tops and bottoms on intra-day charts
[BERA] KNIFE CUT
Hey beras and bulas, this is my gift for you!
Please message me after you tried my indicators.
This indicator work in sync with SUper BOSS or SB , check it.
KNIFE CUT
Is a special indicator with 2 metrics you can use for be a better trade and stop losing money entering useless positions.
This indicator can:
The Area in the center measure "Market cycles" check below, and "BUY PRESSURE", check the reaction with the price action, impressive? i know.
About the bars green or red, are trend bars, compare it to the price action and you can see that these bars catched all uptrends and downtrends.
(you can change also resolutions of background bars, current H4 resolution if you watch lower timeframes.)
*BUY PRESSURE / TREND BACKGROUND BARS
*MARKET CYCLES
This script work with every exchange and pairs, also forex.
See price history.
You not believe? i believe.
SupercurveGives out top n bottom with the curve its very accurate in any time frame . Will be paid only in few weeks do try it .
RSI Bottom [aamonkey]This is a modified RSI that prints a bottom signal directly on your price chart.
It pulls the data (in the default settings) from the weekly chart no matter on what timeframe you are on.
You can adjust the timeframe and threshold.
Default settings work best for big BTC cycles.
Volume ClimaxThis indicator couples RSI oversold and overbought regions with unusual volume . Often times you will see the final leg of a trend exhaust itself with this volume climax. This indicator is meant to help spot these instances.
User has the ability to customize oversold and overbought regions as well as a multiplier for how much more the volume needs to be relative to the 20 SMA . You can also set an alert with this indicator.
Stoch_BBW_invTop signal: reaches -100 when the color is yellow
Bottom signal: reaches -100 when the color is red
This script calculate a stochastic oscillator of BBW, and defines a top and a bottom as its highest in N bars.
TOP & BOTTOM Cycle [aamonkey]Works best on BTC and only on the daily timeframe!
This is a TOP / BOTTOM indicator for big market cycles.
These tops and bottoms are based on the difference between the 200MA on the daily and the price.
Rounded Bottom Breakout Strategy Moving Averages20-day SMA , 34-day EMA , 50-day SMA and 200-day SMA moving average indicator based on Rick Saddler's Rounded Bottom Reversal Breakout Strategy
BTC Top and Bottom PickerBTC Top and Bottom Picker
This study predicts BTC tops and bottoms using Bitstamp's daily close data/
It is based on Philip Swift's The Golden Ratio Multiplier post on Medium
In a nutshell:
The top is calculated when 111 daily SMA crossing 350 daily SMA
The bottom is calculated by dividing 350 daily SMA by 1.4
If you like this, please like and share it and follow me.
Tops & Bottoms FinderIntroduction
I already shared a method to estimate tops and bottoms (1), the number of parameters could lead to optimization issues so i tried to make a simpler method. In this method i use a simple rescaling method based on individual direction deviation. I will explain further details below.
The Indicator
I use as source for the entire calculation an exponential moving average, the first reaction to this choice would be to think that i wanted to filter signals in order to reduce them, but the truth is that i wanted to have more signals instead, this is because the first calculations involving standard deviations are based on price direction, so by using a smooth input we can get more persistent values in a and b , but its totally up to you to use whatever you want in a , just take into account that less smooth = less signals, this is why i used this calculation process.
a = close and length = 7
a = least squares moving average and length = 25
So you could use pretty much everything you want as input.
Conclusion
The accuracy of such indicators is still relatively low but i presented a way to estimate tops and bottoms without using highest/lowest or differencing thus creating a totally new approach. I encourage you to experiment with it and share your results. If you learned something with this post then i'am happy :)
Notes
Based on several complaints i will have to leave even sooner, i think the 7 of June will be a good day, so if you need something i encourage you to ask me now. With the hope you can understand.
Thanks for reading !
(1)
Double Bottom Pattern IdentifierI think everybody knows the Double Bottom Pattern, so I omit the introduction.
The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two possible bottoms.
By default, all watchers wait for bar closing to avoid repainting issues. You can switch off this option.
Additionally, you can shift down the signal labels to the preferred distance and set an alert for a new pattern found.
NOTE: the blue straight lines are not included.
(JS) Tip-and-Dip OscillatorLet me start by saying I know that the name is goofy lol
This is an oscillator that that looks at price action vs. standard deviation in order to illustrate the trend. This thing looks like an Awesome Oscillator but the math behind this and the Awesome Oscillator are totally different (which is pretty interesting, given they look a lot alike). I included the Awesome Oscillator on the chart here so you can look at them and see where they are different.
So the Tip-and Dip Oscillator is meant to help you pinpoint tops and bottoms. I even added arrows where the top and bottom signals are given.
The oscillator itself has 3 colors, an up, down, and neutral color that come as green, red, and yellow. Since the readings given by the oscillator can greatly vary depending on the chart resolution, I included an option to edit the range to fit your chart.
Also - I have 4 different smoothing options that you can use depending on what your preference is. The default setting is the most sensitive so it will identify tops and bottoms more frequently, but it is the most accurate when pinpointing the correct reversal candle. As you smooth it out, the arrows will appear less, but my be slightly delayed and give a later reading. I personally prefer the default, but going up to the second setting in smoothing works nicely as well.
Enjoy!
Spectral Range™ by HypesterThe Hypester team strikes again!
Picking tops & bottoms is a real art for any retail trader. It's just like scoring the perfect goal when you get the maximum profit from your trades. It's the difference between an excellent trade and just another trade in your system. It's that last edge you start to seek once you found your profitable strategy.
That's what the Spectral Range™ algorithm does for you - it shows you where all the likely tops/bottoms are . It mixes the famous machine learning Spectro™ technology with cutting edge statistical anomaly detection.
Since all the hard math is done for you, it's deploy and trade. Spectral Range™ will easily tell you when the range of the movement is far out of the normal, healthy and expected movement.
The height of the bar will tell you how aggressive is the anomaly and consequently its correction, plus an extra layer of confirmation with the little warning signs that should be used together for a more conservative approach.
It's really that simple, what are you waiting for?
MarketReader[ENG] DARK THEMEMarket Reader is a very sophisticated indicator giving you:
-BUY and SELL Opportunities
-Key supports and resistances where the market will react
-Early detection of RANGE before the contact with the top or the bottom of the range, it will also give you the target of the top and the bottom of the range
-Pattern of smartmoney activities, giving you signal that smart money is moving at this level of price
You will also found my complete strategy on my Youtube Channel
Enjoy
Utilization requires subscription
ScreenerMarketBottomThis study works as screener with alerts for ChrisMoody's scritp CM_Williams_Vix_Fix Finds Market Bottoms .
Refers to original study for the code: I converted it in a function and I used my snippets of pine script codes for convert it in a screener.
I'm thinking to transform it in a strategy: if someone has suggestion on startegy logic please let me know. For example enter long after three lime color bars?
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
HARD Top/Bottom SeekerSame settings used on all timeframes, all graphs, no tuning done at all (apart from simply choosing the timeframe).
PM for buying/renting the script. The rented script will be a copy of this logic, but an indicator and have alert conditions added on the S and B (orange and green).
Written in pinescript v3, no repainting, no TSL abuse, etc.
Works pretty well on all crypto, but does produce early signals, thus you may exit before the trend has ended.
Works especially good when 2 or more timeframes all giving the signal in the same price/time region.
Suggested timeframes: 5 mins, 1 hr, 3 hrs, 6 hrs, 12 hrs, 1 day.
Disclaimer: better examples selected here, the script DOES produce worse, EARLY/false positive signals, especially when a stronger trend is happening on the bigger timeframe than the script is used (to see those worse signals you can just move the graphs back in this publication).
