GBPJPY H4 - Long SetupGBPJPY H4
Recently bloodbath for these ***YEN pairs, but we can simply follow our trading zones and see where we start to exhaust and trade the corrective move up to the previous zone.
AUDJPY looking very similar to GBPJPY. Using 80.00 psychologically number and previous low as support.
Alerts
Indicator introduction: Custom Volume - Periodic Peaks & TroughsThis script is a custom volume indicator with additional features.
But why is this useful?
The minimum and maximum volumes, in different time periods, are displayed by labels below the bars. I call them "Peaks" and "Troughs"(Hover your mouse cursor over the labels to see more details)
These parameters are widely used in technical analysis .
If traders want to confirm a reversal on a level of support–or floor–they look for high buying volume . Conversely, if traders are looking to confirm a break in the level of support, they look for low volume from buyers.
If traders want to confirm a reversal on a level of resistance–or ceiling– they look for high selling volume . Conversely, if traders are looking to confirm a break in the level of resistance, they look for high volume from buyers.
How to use alerts
Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it.
After that, changing the indicator settings on the chart will no longer affect the alert.
Open the settings window and select the alert conditions as you wish
Click the Create Alert button (or press the A key while holding down the ALT key)
In the Condition section, select the name of the indicator.
Make the rest of the settings as you wish.
Finally, click on the Create button.
It's finished. After a few moments, your alert will be added to the Alerts menu.
How to use "Volume Records + Alert" IndicatorThis indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals.
What Is Volume Analysis?
Volume analysis involves examining relative or absolute changes in an asset's trading volume in order to make inferences about future price movements.
A significant price increase along with a significant volume increase, for example, could be a credible sign of a continued bullish trend or a bullish reversal.
The gradual darkening of the bars is a sign of the strength of the trend.
Volume can be an indicator of market strength, as rising markets on increasing volume are typically viewed as strong and healthy.
How to use alerts
Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it.
After that, changing the indicator settings on the chart will no longer affect the alert.
Open the settings window and select the alert conditions as you wish
Click the Create Alert button (or press the A key while holding down the ALT key)
In the Condition section, select the name of the indicator.
Make the rest of the settings as you wish.
Finally, click on the Create button.
It's finished. After a few moments, your alert will be added to the Alerts menu.
How to use "Auto Trendline and Breakout Alert" IndicatorIn this tutorial, we will learn how to use the "Auto Trendline & Breakout Alert (Linear / Log)" indicator.
Note: You can find it in the scripts section of my profile
Auto Trendline & Breakout Alert(Linear / Log) Full-Version by BobRivera990
Overall Introduction
This indicator is the best tool for breakout traders.
Drawing and evaluating the trend lines of multiple charts in different time frames is a very time-consuming and tedious task. In addition, being aware of breakouts in the shortest possible time requires constant monitoring.
With this tool, you can draw and classify trend lines in a fraction of a second and by placing an alert on any chart, you can receive notifications about breakouts, wherever you are.
The classification of trend lines is done based on the reaction of the price chart to the trend lines and the analysis of the trading volume .
This indicator is designed to reclassify trend lines with each reaction of the price chart. These lines are classified into 6 levels and these levels are distinguished by different colors. Thus, any touching or crossing of the price chart can make a difference.
Features
This indicator is designed for use on both linear and logarithmic scales. It works linearly by default. If you are using a logarithmic chart, enter the settings menu and set the chart scale parameter to “Log”.
The indicator is equipped with the volume status tool to identify and avoid false breakouts. Note that you can't completely avoid false breakouts, but you can minimize risk and loss. I have already published volume status as a separate script.
Several filters are provided to customize alerts. You can limit alerts based on the level and strength of broken trend lines , volume status, and type of breakout (Cross-Over, Cross-Under, or both).
The last breakouts panel gives an overview of the current market situation. You can activate it in the settings menu. the figure below shows the panel:
How to setup
There are many parameters in the settings menu, but two are more important. One is “Chart Scale” and the other is the “Max Operational Range Length".
Set the “chart scale” parameter according to the chart, otherwise the trend lines drawn by the indicator do not match the price chart.
If you are using a linear chart, select the "Linear" option or if you are using a logarithmic chart, select the "Log" option.
Max Operational Range Length Limits the range of the price chart that is processed by the indicator.
By increasing this parameter:
The strength and durability of the trend lines increases.
The number of breakout signals decreases.
The importance of breakout signals increases.
The indicator processing load increases.
The best range for "Max Operational Range" is from 300 to 1200,Change it until you get the best view possible.
Also by changing the "Filter" parameter from 1X to 5X, you can reduce the clutter in the chart.
The following figure shows the results of correct and incorrect settings:
Use it well...
GBPJPY H4 - Short SetupGBPJPY H4
Very similar chart to the EURJPY and USDWTI chart we have, clear and concise trading zones, with clear bearish direction. Evident lower highs and lower lows.
Trading zones seem to be responding well which is the first step. Measurable risk to reward too which is perfect. Already in EJ shorts, so this isn't something I'll explore, but good to see for pair comparative purposes.
MARKET ALPHA NEWS - ZMNASDAQ:ZM
Big news alert over the weekend where Zoom agrees to buy Five9 in an all stock deal valuing the company at 14.7b
Here is a chart to reference as market opens. We may see a big reaction either way. It's very difficult to predict how this market interprets news these days. It's best to just be prepared.
GBPNZD short valid👇👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Show of hand from those in NZDUSD shorts 🙌🙋♂️Entry details are shown on the chart.
This trade has been running since this morning.
Slight retrace but still progressing.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Anyone else in shorts and holding overnight? I'll be letting this one run it's course.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GOLD BANKED 26% / +700 PIPS from last week + NEW TRADE PRINTED !GOLD banked nicely from a trade entered last week on the 15M time frame.
Also another trade since then (buy) which has just closed and banked circa 1% with a new sell trade just being printed
Details are on the chart. we work to TP3 or close on the reverse signal printing. Please use your risk management.
Every trade is detailed below in the strategy tester to see the account's growth over time.
Thank you.
How I see you (BABA)I am looking at BABA chart with MA200-day, MA50-day, MACD and Volume.
(Best to move chart to Week and Month to see clear MA proof)
It's interesting how BABA build candle over-and-over the green MA50.
I see 1-2-3 hits over the MA200 with upwards trend, looking for the date range,
we can see they're same numbers of days 455d/ 65bars.
I am looking forward to see a clear stock growth.
I am looking also to MACD and see an upwards trend.
(This is my way of thinking, please be carefully how you invest)
ETHGBP H4 - Long SetupETHGBP H4
Again, very much the same as what we have here for ETHEREUM, a break above 2100-2200 and relevant H4/D1 close before a subsequent pullback would be perfect confirmation that we are back bullish bias again.
Breaking out of our bearish consolidated trading zones and climbing higher, good signals for long trading and investment additions. 5R up to previous high.
NZDCHF H4 - Long SetupNZDCHF H4
5 minutes until we close on the H4 candle, solid price rejection candle, but most of this has changed within the last H1 period. So we are seemingly still in an hourly downtrend (also at descending resistance).
So cautious of this as we may be able to utilise a better entry and greater RR potential.
GBPNZD H4 - Long BiasGBPNZD H4
This throws a bit of a spanner in the works with regards to GBPUSD short.
We saw consolidation on resistance before then breaking upside during the eastern, leads us to think GBPUSD might follow suit. Again a little more confirmation, upside or downside break and retest to offer us what we are after.
EURNZD H4 - Short SetupEURNZD H4
We have almost realised the full move from support to resistance here, relatively bullish for the whole stint. Pretty much all swallowed up during the eastern session.
Certainly a region we could anticipate a relief rally and another S/R wave back down from 1.68 to 1.66800.
Gold H1 - Short SetupGOLD H1
Sitting just shy of 1800/oz, we could see this hourly range fill again, nice 5.4R setup from resistance to support.
Only really a trade for those with the larger account sizes,
1795 entries, stops just above 1800 and TP extension around 1765, this is something I've just jumped into with small risk.
HOW-TO add dynamic alerts to whale jump out of ocean
This tutorial applies to the (blackcat) L5 Whales Jump Out of Ocean X indicator. This is an Invite-Only indicator based on Tradingview. By adding the dynamic message alerts, 30~400 trading pairs tracking signals can be set in the premium account of Tradingview, once the whale/banker fund is detected. The Tradingview alert system will send the alarm information to your mobile phone, App or email to remind you according to your customized configurations.
The reason why I added this function is that @azrultebi, on 2021-04-12, proposed to add an alert function to this indicator. The specific requirements are:
1. when whale start jump long or short entries.
2. fibonacci bottom and top time window.
3. long entry motive waves or short entry corrective waves.
Alerts for Whale Jumps
For the whale jump alert signal, the function definition is relatively intuitive. Short at the first yellow bar when the short whale appears, and close short position the first green bar that appears after; in the same way, long at the first fuchsia bar when the long whale appears, and close long position at the first red bar that appears afterwards. Therefore, there are 4 alerts for whale jump signals, namely Whale SHORT (S+), Whale LONG (L+), Whale XSHORT (XS+) and Whale XLONG, (XL+). These four signals are relatively reliable, and try to use them in a time frame greater than or equal to 1 hour. The larger the time frame, the more stable the entry signal. The trigger frequency of these alert signal is the first function call in the latest candlestick to trigger the alert.
Alerts for Waves
For the wave alert signal, the definition of long-short reversal is rather vague. I used John Ehlers' filtering technology to process the wave digitally, filtering out a lot of noise signals, and ensuring that its delay is within 1 to 2 candle bars. However, it is still difficult to filter the frequent entries in sideways market. The difficulty of this operation is that some good trading points are born in the sideways. I have tried to add Chop Index Filter for filtering, but found that some buying and selling points will also be filtered out and lose profits. Therefore, I gave up the sideways filtering mechanism. I directly utilize the filtered moving average golden cross and dead cross to produce a wave entry signal. According to the definition of Elliott Wave Theory, a motive wave is a long wave, and the incoming signal is Wave LONG (L); similarly, a corrective wave is a short wave, and the incoming signal is Wave SHORT (S). It is worth noting that the wave alerts did not generate a close/exit signal. Therefore, the wave alert has only two signals: long and short. Compared with the wave long-short signal and the whale long-short signal, the main difference is in the trend strength and certainty of the market trend. Obviously, the whale signal is stronger than the wave signal in trend strength and certainty, so when placing an order, the order size and position control can be defined accordingly. For wave signal, small order sie can be used for test/verification; For whale signal, half of balance can be used to follow up.
Alerts for Fibonacci Time Windows
For Fibonacci Time Window "Support" or "Resistance" signal, I did not add alerts here because they are blur and not suitable as precise entry signal.
HOW-TO add alerts
Alerts in this script use an`alert()` function which allows a fully dynamic message to be generated when the alert triggers. To create the new alerts: Create one alert for the script using the chart’s “Create Alert” dialog box and select an alert type including “alert() function call”.
The Alert message format is like:
"
Symbol: BINANCE:DOGEUSDT,
Whale LONG (L+),
Price: 0.592
"
This format generates automatically from the indicator and you do not need to set any input parameters besides alert configurations.
If you are fresh on Tradingview Alerts, I recommend you to read Tradingview manual and blog as,
(1) How to set up alerts, www.tradingview.com
(2) Our New Alerts Allow for Dynamic Messages, www.tradingview.com
Importance of Optimizing RSI Calibration with NINJASIGNALS V4This is a great example of why it is helpful to scan through multiple RSI Calibration values when calibrating Ninja Signals V4 to fit a given chart. Different currency pairs and candle sizes often require different RSI Calibration values to maximize trading success. Often times, different RSI Calibration values may result in a significantly higher net profit, win-ratio, or both. In this particular example, we found that using a small RSI Calibration value of 2 resulted in both a significantly higher net profit and win ratio. We typically use RSI Calibration values of 2-12 when fitting Ninja Signals V4 to a chart. Smaller RSI Calibration values result in a larger number and frequency of trades, whereas larger RSI Calibration values result in a smaller number and frequency of trades. We hope you find this helpful and informative. Feel free to send us a message on TradingView if you have any questions. Happy Trading!
Ninja Signals V4 (Script)
Ninja Signals V4 (Strategy)
Using Obscure Candle Sizes to Maximize Profit w/ NINJASIGNALS V4This is a great example of how effective a small change in candle size can be when using our Ninja Signals V4 trading script. By simply switching from 1h candles to 67m candles, we were able to achieve significantly better results. In theory, this will also help to minimize price slippage during live trading by avoiding popular candle sizes (e.g., 1h candles) when many traders attempt to open and close positions at the same bar close time.
A small adjustment in candle size can make a big difference when using various indicators. Sometimes standard candle sizes also result in less obvious trends, making it harder to find the best buy and sell points. If your target candle size is 1h candles, we recommend comparing all candle sizes from 40m through 100m in 1m increments (40m, 41m, 42m... ...98m, 99m, 100m, etc.). The small amount of time required often pays off with significantly better, more profitable results.
Ninja Signals V4 (Script)
Ninja Signals V4 (Strategy)
EURNZD H4 - Long SetupEURNZD H4
This is exactly what we wanted to see when we marked this up yesterday, a bit of a correction from resistance to then break on the second attempt.
This just means we shouldn't expect such a big correction after we (hopefully if) break resistance price of 1.68.
Looking to break 1.68 resistance, retest as support and trade long up to 1.69700 ish. Massive 1:7 on that basis.
GBPUSD H4 - Short SetupGBPUSD H4
We obviously like to trade between our zones, right? That's how we know where we are looking to enter, where we are looking to place our stops and take profits, we can easily monitor and measure our trades on this basis, hence our strategy 'trading between the zones'.
We broke our 1.39 support zone and sold off circa 75 pips before correcting, bearing in mind, from 1.39 to 1.38 is only 100 pips, so 75% of that move was filled without a pullback.
Now seeing somewhat of a pullback, DXY is in a key range (91.00 support), we could either see a bounce or break, so effectively sat on a possible pivot point almost. Eyes peeled, could see some bit moves for the week close.
AMZN H4 - Long SetupMissed the top entry as I've been too focussed on crypto markets today, however this circa 300 day trading range seems like it wants to see another range fill.
3425 down to 2950 could be witnessed again with a huge 1:11R potential if we push 3400 again, I'll look to grab an entry. ALERT SET!