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Bearish Patterns

Market Thrust IndicatorThe Market Thrust indicator is a powerful measure of the stock market's internal strength or weakness. There are four components to this indicator: 1-Advancing Issues on the New York Stock Exchange (NYSE) – $ADV 2-Advancing Volume on the NYSE – $UVOL 3-Declining Issues on the NYSE – $DECL 4-Declining Volume on the NYSE – $DVOL The formula for Market Thrust is given below: ($ADV x $UVOL)-($DECL x $DVOL) When used for day-trading, the trend of the Market Thrust indicator is what is most important. Rising Market Thrust Indicator: Considered a bullish sign; can act as a confirmation signal when combined with a rising stock, index ETF, or stock index future's price. Falling Market Thrust Indicator: Considered a bearish sign; can act as a confirmation signal of a decreasing market price. The Market Thrust indicator could be used for detecting divergences in trends. Divergences occur when: - Price is trending higher, but the Market Thrust indicator is not moving higher or is even going down. - Price is trending lower, however, the Market Thrust technical analysis tool is not trending lower, it is either not trending or is trending higher. Add a fully configurable trend line over MTI. Read more at: commodity.com
Pine Script™ indicator
by Dreadblitz
4
BTC Bear Market Identifier [ChuckBanger]I have never find a use case for Line Break chart before. But I stumbled on the fact that if bitcoin dumps below the low of a big down move. It is very likely Bitcoin is heading for a new bear market. So this script is based on that idea and developed to this. It is intended to be used as a bear market identifier only with Line Break daily or higher time frame chart. If someone find a different use case for this script let me know 2014: 2018:
Pine Script™ indicator
by ChuckBanger
MAC-Z & MACD Leader signal [ChuckBanger]This is a combination of my MACD Leader script and MAC-Z with option to add Laguerre filter. The advantage of the MAC-Z over MACD is that it is a more accurate and “assumption-free” indicator that can more accurately describe how a market actually perform. But you can use this as a regular MACD indicator. Crossovers signals The MAC-Z line and signal line can be utilized in the same way as a stochastic oscillator, with the crossover between the two lines providing buy and sell signals. As with most crossover strategies, a buy signal comes when the shorter-term, more reactive line – in this case the MAC-Z line (blue line) crosses above the slower signal line (orange line). For example, when the MAC-Z line crosses below the signal line it provides a bearish sell signal. Zero line crossing The zero cross strategy is based on either of the lines crossing the zero line. If the MAC-Z crosses the zero line from below, it is a signal for a possible new uptrend, while the MAC-Z crossing from above is a signal that a new downtrend may be starting. This is special powerful if the lines has a fast up or down movement but the price action doesn't reflect that movement. Divergences Bearish and bullish divergences is my favorite signals. When price action and oscillators follow the same path it is called Convergences, when they don’t, it’s called a Divergence. Don't confuse the two because they have not the same meaning. But be aware that for example during consolidation or low liquidity, some small divergences between price and indicators might form, but that doesn't mean we should consider them as real divergences. There is many different types of divergences. It is easier to show a picture then explaining it so I recommend you to check out the link below. Especially the top image. It sums this up very well medium.com MACD Leader The MACD leader is only showing the crossing of MACD as a vertical line Green vertical line = MACD Leader Bullish Cross Red vertical line = MACD Leader Bearish Cross MACD Leader: MAC-Z: More Information cssanalytics.wordpress.com en.wikipedia.org drive.google.com
Pine Script™ indicator
by ChuckBanger
Charles Recession WatchThe “Recession Watch” indicator tracks 7 key economic metrics which have historically preceded US recessions. It provides a real-time indication of incoming recession risk. This indicator gives a picture of when risk is increasing, and therefore when you might want to start taking some money out of risky assets. All of the last seven recessions were preceded by a risk score of 3 or higher. Six of them were preceded by a risk score of 4 or higher. Unfortunately data prior to 1965 was inconsistent and prior recessions could not be considered. Based on the indicator hit rate at successfully flagging recessions over the last 50 years, risk scores have the following approximate probabilities of recession: - 0-1: Low - 2: 25% within next 18 months - 3: 30% within next 12 months - 4-7: 50% within next 12 months Note that a score of 3 is not necessarily a cause for panic. After all, there are substantial rewards to be had in the lead up to recessions (averaging 19% following yield curve inversion). For the brave, staying invested until the score jumps to 4+, or until the S&P500 drops below the 200day MA, will likely yield the best returns. Notes on use: - use MONTHLY time period only (the economic metrics are reported monthly) - If you want to view the risk Score (1-7) you need to set your chart axis to "Logarithmic" Enjoy and good luck!
Pine Script™ indicator
by capriole_charles
2
Elder Ray Bull and Bear Power OscillatorsElder Ray Bull and Bear Power Oscillators Tradingview Screener Bull Bear Power(BBPOWER) OVERVIEW The Bull and Bear Power oscillators developed by Dr Alexander Elder attempt to measure the power of buyers (bulls) and sellers (bears) to push prices above and below the consensus of value. The primary principles on which Elder based the oscillator are: The highest price displays the maximum buyer’s power within the day. The lowest price displays the maximum seller’s power within the day. The moving average can be construed as a price agreement between buyers and sellers for a given time period. The Bulls/Bears power balance is important since changes in this balance can signal the early stages of a potential trend reversal. CALCULATION Elder uses a 13-day exponential moving average (EMA) to indicate the consensus market value. Bull Power is calculated by subtracting the 13-day EMA from the day’s high. Bear Power is derived by subtracting the 13-day EMA from the day’s low. TRADING WITH THE ELDER RAY BULL AND BEAR POWER OSCILLATORS BULL POWER Where a currency uptrend is sustained to the point that maximum prices move above the EMA the Bull Power histogram will be greater than zero. As price maximums accelerate to greater levels (above the EMA) during the rising trend histogram bars will increase in height above the zero line showing the increased buying strength during the period. BEAR POWER Where a currency downtrend is sustained to the point that minimum prices move below the EMA the Bear Power histogram will be less than zero. As price minimums accelerate to lower levels (below the EMA) during the falling trend histogram bars will increase in height below the zero line showing increased selling strength during the period. TRADING SIGNALS It is important for traders to use the Elder Ray oscillators in conjunction with the EMA overlay over the price chart (typically as per period being analysed) to give additional context to the signals. Sell signals are given if Bull Power is above zero and there is a bearish divergence in the Bull Power histogram or if the Bull Power histogram is above zero and falling. Buy signals are given if Bear Power is below zero and there is a bullish divergence in the Bear Power histogram or if the Bear Power histogram is below zero and rising. It is extremely important for traders to only trade in the above scenarios if the direction of the trend indicated by the slope of the EMA on the price chart is in the direction of their trade when the signal is given (or shortly after).
Pine Script™ indicator
by ceyhun
3
Dependent Variable Odd Generator For Machine Learning TechniquesCAUTION : Not suitable for strategy, open to development. If can we separate the stagnant market from other markets, can we be so much more accurate? This project was written to research it. It is just the tiny part of the begining. And this is a very necessary but very small side function in the main function. Lets start : Hi users, I had this idea in my mind for a long time but I had a hard time finding the parameters that would make the market stagnant. This idea is my first original command system. Although it is very difficult to make sense of the stagnant market, I think that this command system can achieve realistic proportions. With 's money flow index, I opened the track to determine the level. On the other hand, the prices were also using a money flow index, and it forced me to make the limitations between the levels in a logical way. But the good thing is that since the bollinger bandwidth uses a larger period, we are able to print normal values ​​at extreme buy and sell values. In terms of price, we can define excessive purchase and sale values ​​as the period is smaller. I have repeatedly looked at the limit values ​​that determine the bull, bear, and bollinger bandwidth (mfi), and I think this is the right one. Then I have included these values ​​in the probability set. The bull and bear market did not form the intersection of the cluster, and because there are connected events, the stagnant market, which is the intersection, will be added to the other markets with the same venn diagram logic and the sum of the probability set will be 1. is equal to. I hope that we can renew the number generators in the very important parameters of machine learning such as Markov Process with generators dependent on dependent variables, which bring us closer to reality. This function is open to development and can be made of various ideas on machine learning. Best wishes. This code is open source under the MIT license. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com
Pine Script™ indicator
by Noldo
3
Bilateral Stochastic Oscillator - For The Sake Of EfficiencyIntroduction The stochastic oscillator is a feature scaling method commonly used in technical analysis, this method is the same as the running min-max normalization method except that the stochastic oscillator is in a range of (0,100) while min-max normalization is in a range of (0,1). The stochastic oscillator in itself is efficient since it tell's us when the price reached its highest/lowest or crossed this average, however there could be ways to further develop the stochastic oscillator, this is why i propose this new indicator that aim to show all the information a classical stochastic oscillator would give with some additional features. Min-Max Derivation The min-max normalization of the price is calculated as follow : (price - min)/(max - min) , this calculation is efficient but there is alternates forms such as : price - (max - min) - min/(max - min) This alternate form is the one i chosen to make the indicator except that both range (max - min) are smoothed with a simple moving average, there are also additional modifications that you can see on the code. The Indicator The indicator return two main lines, in blue the bull line who show the buying force and in red the bear line who show the selling force. An orange line show the signal line who represent the moving average of the max(bull,bear), this line aim to show possible exit/reversals points for the current trend. Length control the highest/lowest period as well as the smoothing amount, signal length control the moving average period of the signal line, the pre-filtering setting indicate which smoothing method will be used to smooth the input source before applying normalization. The default pre-filtering method is the sma. The ema method is slightly faster as you can see above. The triangular moving average is the moving average of another moving average, the impulse response of this filter is a triangular function hence its name. This moving average is really smooth. The lsma or least squares moving average is the fastest moving average used in this indicator, this filter try to best fit a linear function to the data in a certain window by using the least squares method. No filtering will use the source price without prior smoothing for the indicator calculation. Relationship With The Stochastic Oscillator The crosses between the bull and bear line mean that the stochastic oscillator crossed the 50 level. When the Bull line is equal to 0 this mean that the stochastic oscillator is equal to 0 while a bear line equal to 0 mean a stochastic oscillator equal to 100. The indicator and below a stochastic oscillator of both period 100 Using Levels Unlike a stochastic oscillator who would clip at the 0 and 100 level the proposed indicator is not heavily constrained in a range like the stochastic oscillator, this mean that you can apply levels to trigger signals Possible levels could be 1,2,3... even if the indicator rarely go over 3. Its then possible to create strategies using such levels as support or resistance one. Conclusion I've showed a modified stochastic oscillator who aim to show additional information to the user while keeping all the information a classical stochastic oscillator would give. The proposed indicator is no longer constrained in an hard range and posses more liberty to exploit its scale which in return allow to create strategies based on levels. For pinescript users what you can learn from this is that alternates forms of specific formulas can be extremely interesting to modify, changes can be really surprising so if you are feeling stuck, modifying alternates forms of know indicators can give great results, use tools such as sympy gamma to get alternates forms of formulas. Thanks for reading ! If you are looking for something or just want to say thanks try to pm me :)
Pine Script™ indicator
by alexgrover
9
24/9 EMA with Bias & SignalsThis is a simple indicator that plots the 24 & 9 EMAs. It also highlights the potential bias of the market (bull or bear) based on if the 9 EMA is above or below the 24 EMA. In addition there are signal crosses that you can use for alerts. This indicator is best used to confirm a particular underlying bias on the 5m, 15M, 1HR, 4HR, and Daily timeframes. It's important to note on lower timeframes that the bias can be counter trend bias of the overall larger momentum of the instrument you are trading. For clarity this means that many retraces get going when the 9 crosses the 24. But ultimately the larger timeframe bias will continue after this counter trend retraces. Combining this indicator with value channels and ATR is what I recommend.
Pine Script™ indicator
by RexDogActual
3
Combo Backtest 123 Reversal & Bear Power This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Bear Power Indicator To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
2
Turbo TriggerSome Words This indicator is a collaboration between me and Himeyuri, i encourage you to check her profile and follow her www.tradingview.com Introduction A lot of indicators include a "trigger" line, it can be a smoothed version of another input, in this case the trigger will generate signals from his crosses with the input. The purpose of this indicator is to provide a fast trigger line to generate earlier signals as well as avoiding some whipsaw. The Indicator There are two lines, a bull line (blue) and the trigger (orange) , when the trigger cross over the bull line a buy signal is generated, when the trigger cross under the bull line a sell signal is generated. The trigger is made from the smoothed difference between the bull and bear line. smooth control the smoothness of the output. The Bull/Bear Mode is an idea proposed by Himeyuri that involve plotting the bear line instead of the trigger. Bull/Bear Mode, the lines are somewhat asymmetrical from each others. Conclusion We have showcased a new indicator who use a really fast trigger line to generate earlier signals, if some are way to earlier you can still increase smooth in order to correct reactivity. I hope you find a use to it. Thanks for reading ! A big thanks to Himeyuri who is a great student and great pinescripter.
Pine Script™ indicator
by alexgrover
6
Combo Strategy 123 Reversal & Bear Power This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Bear Power Indicator To get more information please see "Bull And Bear Balance Indicator" by Vadim Gimelfarb. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ indicator
by HPotter
2
Bearish Candlestick PatternsDoji Black Spinning Top White Spinning Top Bearish Abandoned Baby Bearish Advance Block Bearish Below The Stomach Bearish Belt Hold Bearish Breakaway Bearish Counter Attack Lines Bearish Dark Cloud Cover Bearish Deliberation Blok Bearish Descending Hawk Bearish Doji Star Bearish Downside Gap Three Methods Bearish Downside Tasuki Gap Bearish Dragonfly Doji Bearish Engulfing Bearish Evening Doji Star Bearish Evening Star Bearish Falling Three Methods Bearish Falling Window Bearish Gravestone Doji Bearish Hanging Man Bearish Harami Bearish Harami Cross Bearish Hook Reversal Bearish Identical Three Crows Bearish In Neck Bearish Island Reversal Bearish Kicking Bearish Ladder Top Bearish Last Engulfing Top Bearish Low Price Gapping Play Bearish Mat Hold Bearish Matching High Bearish Meeting Line Bearish On Neck Bearish One Black Crow Bearish Separating Lines Bearish Shooting Star Bearish Side by side White Lines Bearish Three Black Crows Bearish Three Gap Up Bearish Three Inside Down Bearish Three Line Strike Bearish Three Outside Down Bearish Three Stars in the North Bearish Thrusting Line During Dowtrend Bearish Tower Top Bearish Tristar Bearish Tweezers Top Bearish Two Black Gapping Bearish Two Crows Bearish Upside Gap Two Crows
Pine Script™ indicator
by ceyhun