Donchian Trend RibbonHello Traders,
I think you all know Donchian Channels. so I am not going to write about it.
With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels.
How it works ?
- it calculates main trend direction by using the length that is user-defined. so you can change it as you wish
- then it calculates trend direction for each 9 lower lengths. if you set the length = 20 then the lengths are 19, 18,...11
- and it checks if the trend directions that came from lower lengths is same or not with main trend direction.
- it changes the trend color of the ribbon.
-
Warning: Entry points may also represents trend reversal. So you should use stoploss line if you decide to take buy/sell positions.
P.S. I didn't backtest it, it's non-repainting, it should be used educational purposes only.
Published by user request. You may want to see following one:
Enjoy!
Breadth Indicators
BoilerRoomColdCaller - 3Commas Grid Bot SignalThis is very similar to 3Commas' grid bot, the range is from the previous 7 days' lowest low decreased by 3% to the previous 7 days' highest high increased by 3%, you can also adjust if you want 7 days' highest/lowest close price as your range or highest high and lowest low as your range. 10 buys and 10 sells within the range, the unit price would be (high-low)/19.
The buy signals and the sell signals will be triggered if:
- The previous close is below one specific green line (buy line), and the current close is above that specific green line, or
- The previous close is above one specific green line (buy line), and the current close is below that specific green line
Thus, whether the price is dropping below these lines or rising above these lines, a buy or sell signal will be triggered when they cross green or red lines. Your entry price will be the next open price after this candle's close reaches the lines.
Big thanks to @glaz, who helped me a lot with this script. Please give a like button and share if you like this script. Let me know if you have questions, thanks guys.
RIVA KELLER CCI and BB 1HCriei este indicador com a finalidade de ajudar iniciantes no mercado a encontrarem os ponto de entrada e exaustão.
Pontos de entrada irão aparecer no indicador como "COMPRAR'' ou ''VENDER'', com o histograma na cor verde ou vermelha.
Regiões de exaustão irão aparecer no histograma em amarelo(sobrecompra) e azul (sobrevenda).
Indicador pronto para ser utilizado no mercado Forex em tempo gráfico de 1H, take profit sugerido de 100pips e stop loss máximo de 250pips.
Recomendo analisar o gráfico com uma bollinger Bands de 20 períodos, com desvio de 2.0, sempre entrando quando o preço estiver dentro das bandas, com stop loss na banda superior se a operação for de venda e stop loss na banda inferior se a operação for de compra.
I created this indicator with the purpose of helping beginners in the market to find the entry and exhaustion points.
Entry points will appear on the indicator as "BUY '' or '' SELL '', with the histogram in green or red.
Exhaustion regions will appear in the histogram in yellow (overbought) and blue (oversold).
Indicator ready to be used in the Forex market in 1H chart time, suggested take profit of 100pips and maximum stop loss of 250pips.
I recommend analyzing the chart with a 20-period bollinger band, with a deviation of 2.0, always entering when the price is within the bands, with stop loss in the upper band if the operation is for sale and stop loss in the lower band if the operation is for purchase.
Bollinger Channels / EMA and SMAThis is written as a system to replace the BB strategy.
I think it will work well.
It looks pretty stylish.
Description / Usage:
Adjust the length and multiplier based on your location with Bollinger Bands.
The multiplier of 1 provides you with a basic channel with high and low-source EMA (or SMA).
And with the 8-day exponential moving average, you can observe short entries and exits.
I wish good luck to the friends who will use it.
You can support and track new indicators.
Bu, BB stratejisinin yerini alacak bir sistem olarak yazılmıştır.
Oldukça şık görünüyor.
Kullanım
Bollinger Bantları ile bulunduğunuz yere göre uzunluk ve çarpanı ayarlayın.
1 çarpanı size yüksek ve düşük kaynaklı EMA (veya SMA) içeren temel bir kanal sağlar.
Ve 8 günlük üstel hareketli ortalama ile kısa giriş ve çıkışları gözlemleyebilirsiniz.
Kullanacak arkadaşlara bol kazançlar diliyorum.
Yeni indikatör için destek olabilir ve takip edebilirsiniz.
Breakout Shasthra with buffer and target option by RPThe RP Breakout Shasthra indicator is designed to show custom breakout levels.
There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed.
There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc.
So this indicator is designed to deliver you custom options to set the beakout time and duration.
Also there is an option to plot previous breakout lines to backtest.
The options window is simple.
In the INPUT Tab
Breakout start time - This is set to default sessions. Here you only need to select the start time.
Breakout Timeframe - The duration to consider can be set here.
Enter Buffer - Set the point above which to take entry. Use Keyboard to enter decimals
Enter Target - Set the point for target to take exit. Use Keyboard to enter decimals
Example:- If you wanted 11:30 - 15 mins breakout. Change Breakout start time from 9:15 to 11:30
Change Breakout Timeframe from 60 to 15
And hit OK.
In the Styles Tab
You can customize the color
Kaya4938 BBBands with Moving Resistance/Support Lines v.2Take your own risk. It is combines 2 indicator in this Script. First Bollinger bands (BB) from 1.5 deviantion to 3.5 deviation (1.5, 2.5, 3.0, 3.5). You can see price interection with BB step by step. And how price acting up or down with this 5 degree of Bands.
The second is my own indicator Moving Resistance And Support Lines ( RS ). It is calculated for observing RS .
Also we have shifting options for both BB and RS .
As a result this script will be helper for seeing undersanding of changing trends, breaks of Resistances and Supoorts and etc.
BEST REGARS.
™TʀᴀᴅᴇCʜᴀʀᴛɪsᴛ Tʀᴇɴᴅsᴇᴛᴛᴇʀ™TradeChartist Trendsetter is an elegantly designed functional indicator that helps spot price trends based on user input and volatility to generate high probability BUY and SELL signals.
1. What does ™TradeChartist Trendsetter do?
Plots high probability BUY/SELL signals based on user input and price volatility.
Plots recommended Stop Loss and SOS signals.
Plots regular RSI divergences based on user input.
Plots Linear Regression trend lines based on user input.
Displays Trendsetter Dashboard with useful trade information.
Displays real time gains tracker.
Tracks another symbol on Dashboard based on user input.
Alerts when BUY and SELL signals are generated.
2. What markets can this indicator be used on?
Forex
Stocks - Signal prices calculated taking gaps into account.
Commodities
Cryptocurrencies
and almost any asset on Trading View.
Works really well when there is good volume, volatility or both in the asset traded/observed.
3. Do the indicator signals repaint?
No. Once the BUY and SELL signals are generated with entry price (open price of signal candle), there is no repainting.
This can be verified using Trading View Bar Replay to check if the signals stay in the same candle in real-time as the Bar Replay.
4. Does the indicator send alerts when a signal is generated?
Yes. Traders can get alerts by setting up Trading View alerts for BUY/SELL signals. For confirmed BUY/SELL alerts, 'Once Per Bar' must be used as there is no need to wait for the candle close.
Example Charts
GBP-USD 1hr chart with indicator plots description
GOLD 4hr chart using Daily HTF resolution from indicator settings.
SPX 15m chart using Daily HTF resolution with RSI divergences.
Note: Default settings work really well for most assets and time frames. Change HTF resolution (default 4hr) from indicator settings and make sure it is higher time frame than the chart resolution.
Breakout Shasthra by RPThe RP Breakout Shasthra indicator is designed to show custom breakout levels.
There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed.
There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc.
So this indicator is designed to deliver you custom options to set the beakout time and duration.
Also there is an option to plot previous breakout lines to backtest.
The options window is simple.
In the INPUT Tab
Show Previous breakout - This option plots the High and Low of the required time-frame for all the previous days. this is useful in back testing or finding unsuitable environments to avoid trade.
Breakout start time - This is set to default sessions. Here you only need to select the start time.
Breakout Timeframe - The duration to consider can be set here.
Example:- If you wanted 11:30 - 15 mins breakout. Change Breakout start time from 9:15 to 11:30
Change Breakout Timeframe from 60 to 15
And hit OK.
In the Styles Tab
You can customize the color / Add labels / Show Shapes (Buy entry / Sell Entry)
SA_RSIVolume_ORSI.2020.bibl[wozdux] Description of the SA_RSIvol_ORSI indicator
The rsivol indicator has undergone changes and additions. Since this modified indicator is used in the video, I publish it with explanations.
First add-on
In order to eliminate some delay in the rsivol blue line, A rsivol with a period of 200 was introduced. Then this line became some long-term reference and the regular RSIVOL was divided into RSIVOL200. The result is a pink line. In the indicator, it is indicated as RSIVOL200 by a pink line.
Second addition
In the old indicator, the rsivol parameter itself is calculated as the RSI of the conditional volume price. This volume price is calculated as the average product of the price per volume divided by the average volume for a certain period.
OS=ema (volume*cena, TT)/ ema(volume, TT)
Here, an exponential moving average is used to calculate the volume price. Then the RSI function is taken from this calculated price. As we know from the meaning of the RSI, this is the percentage of purchases from the sum of all transactions or the intensity of purchases. Using volume prices instead of simple prices, we get a more truthful picture of purchases in the market.
So, the EMA itself is good, but it tends to be late. There is another formula for calculating the moving average, which contains the advantages of the EMA and does not have its disadvantages. This function is ALMA.
An alternative way to calculate the volume price is to use the ALMA function instead of the EMA. In this function, in addition to the period, two additional parameters are used.
ALMA(xx, TT,ss,kk)
In the indicator, it is possible to simultaneously see the RSIVOL lines, both with EMA and ALMA.
The third addition
Similarly, you can use ALMA instead of EMA to calculate a simple price RSI. However, there were no interesting results for the price RSI. In the indicator, I left the option to see how it looks just for information. If you are interested, you can watch it.
The fourth addition
The fourth addition concerns the regular RSI. The function itself has been changed. The built-in RSI function is re-created and named ORSI. It is supplemented with volume. In other words, ORSI calculates the purchase rate based on volume, but in a different way than RSIVOL. As a result, we have two lines of RSI and ORSI simultaneously. The price RSI shows the rate of price increase. Volume ORSI shows the rate of volume engagement. The greater the difference between these indicators, the stronger the trend in one direction or another. These two speeds are represented as two lines with the area between them filled in with color.
The indicator also shows a different way of displaying it: a histogram of the difference between these speeds. You can turn the histogram on or off.
New line coloring
The RSI and ORSI chart is made as a colored area above and below the 50 level. Above the level, the color is green, below the level, the color is red.
How do I use the indicator?
The indicator is used just like any other. We are looking for divergences between the indicator lines and the price chart.
RSIVOL200 responds faster to a trend reversal. The divergences on RSIvol200 are clearer.
RSI-ORSI . You can use either one option or the other for trading. Everyone chooses the most convenient one.
Sharing or as a histogram of the difference allows you to see the market picture more subtly.
I have not yet studied this indicator in all its manifestations. I suggest that everyone who wants to do this.
SETTINGS
switch close <==> ( H+L)/2 == switch KEY to select the price type
blue RSIVOL= switch the color of the fields == enable / disable rsivol coloring above and below levels
blue => vp=volume * price === period for calculating the volume price
blue => RSIVOL(vp,len) === period for calculating RSIVOL
blue RSIVOL KEY === enable / disable rsivol line
blue _RSIVOL_ to include the width LINE === enable the RSIVOL line as a ribbon
blue_RSIVOL_ line width == = ribbon width
blue _RSIVOL => EMA(true) or ALMA(false) coefficients ( kk, ss) = = = use EMA or ALMA to calculate the volume price. By default, ALMA, when the button does not have a check mark.
ALMA-->kk=={0,1} = = = coefficient for the formula ALMA with a range of changes from 0 to 1
ALMA-->ss=={1.10} = = = coefficient for the formula ALMA with a range of changes from 1 to 10
key => and-and RSIVOL(ema) blue + RSIVOL (alma) black === This key allows you to display both RSIVOL lines on the chart simultaneously as both ema and alma.
blue__o1=> ema ( RSIVOL, o1) = = = additional rsivol smoothing after all calculations
fuchsia RSIVOL ( 200 ) = rsivol/rsivol200 = = = enable RSIVOL200
fuchsia__ => RsiVol200 (vp, 200) === period for calculating RSIvol200
fuchsia__o2=> ema ( RSIVOL200 , o2) = = = additional rsivol200 smoothing
key red => rsi(close) === disable key RSI
key => or-or price RSI <--> volume ORSI ===key for displaying the RSI or ORSI
key => and-and price RSI + volume ORSI = = = key for displaying both RSI and ORSI
red=rsi (close, 14) === period for calculating the RSI and ORSI
red= ema ( RSI, 2) = = additional smoothing of RSI and ORSI
key ==> histogram of the difference (RSI-ORSI) === enable displaying the RSI-ORSI difference histogram
yellow line level_UP_ _ rsi === upper level for RSI-ORSI
yellow line level_DOWN_ _ rsi== = lower level for RSI-ORSI
level_UP_rsivol == top level for RSIvol
level_DOWN_rsivol == lower level for RSIvol
RSI => replace EMA true --> ALMA(kk, ss) false== replace EMA with ALMA in the RSI calculation
ALMA=>kk=={0,1} = = = coefficient of alma
ALMA=>ss=={1.10} = = = coefficient of alma
======Описание на русском языке=========
Описание индикатора SA_RSIvol_ORSI
Индикатор RSIVOL претерпел изменения и дополнения. Поскольку этот измененный индикатор используется в видео, то публикую его с пояснениями.
Первое дополнение
Для того, чтобы устранить некоторое запаздывание синей линии RSIVOL, была введена RSIVOL с периодом 200. Затем эта линия стала некоторым долгосрочным эталоном и обычную RSIVOL разделили на RSIVOL200. В результате получилась розовая линия. В индикаторе она обозначена как RSIVOL200 розовой линией.
Второе дополнение
В старом индикаторе сам параметр RSIVOL вычисляется как RSI от условной объемной цены. Эта объемная цена вычисляется как усредненное произведение цены на объем, деленное на усредненный объем за какой-то период.
ОС=ema(volume*cena, TT)/ ema(volume,TT)
Здесь для вычисления объемной цены используется экспоненциальная скользящая средняя. Далее от этой вычисленной цены берется функция RSI. Как мы знаем по смыслу RSI это доля закупок от суммы всех сделок или интенсивность закупок. Используя объемную цены вместо простой цены, мы получаем более правдивую картину закупок на рынке.
Так вот, сама по себе EMA хорошая, но она имеет свойство запаздывать. Существует другая формула вычисления скользящей средней, которая содержит достоинства EMA и отсутствуют её недостатки. Эта функция ALMA.
Альтернативным способом вычисления объемной цены является использование вместо EMA функции ALMA. В этой функции, кроме периода используются дополнительные два параметра.
ALMA(xx,TT,ss,kk)
В индикаторе есть возможность одновременно видеть линии RSIVOL , как с EMA, так и ALMA.
Третье дополнение
Аналогично для вычисления простой ценовой RSI можно использовать ALMA вместо EMA. Однако для ценовой RSI интересных результатов не получилось. В индикаторе я оставила возможность посмотреть, как это выглядит просто для информации. Кому интересно, можете посмотреть.
Четвертое дополнение
Четвертое дополнение касается обычной RSI. В саму функцию внесены изменения. Встроенная функция RSI сделана заново и названа ORSI. Она дополнена объемом. Иначе говоря, ORSI вычисляет скорость закупок с учетом объема, но другим способом, чем RSIVOL. В результате, имеем две линии RSI и ORSI одновременно. Ценовая RSI показывает скорость наращивания цены. Объемная ORSI показывает скорость вовлечения объема. Чем больше разница между этими показателями, тем сильнее тренд в ту или иную сторону. Эти две скорости представлены как две линии, область между которыми заполнена цветом.
В индикаторе представлен и другой способ отображения: гистограмма разницы между этими скоростями. Гистограмму можно включить или выключить.
Новая раскраска линий
График RSI и ORSI выполнен как окрашенная область над и под уровнем 50. Над уровнем окраска зеленым цветом, под уровнем окраска красным цветом.
Как использовать индикатор?
Индикатор используется также, как любой другой. Ищем дивергенции между линиями индикатора и ценовым графиком.
RSIVOL200 быстрее реагирует на разворот тренда. Дивергенции на RSIvol200 более четкие.
RSI-ORSI . Можно использовать либо один вариант, либо другой для торговли. Каждый выбирает для себя наиболее удобный.
Совместное использование или в виде гистограммы разницы позволяет более тонко видеть картину рынка.
Я еще не изучила данный индикатор во всех его проявлениях. Предлагаю это сделать каждому, кто пожелает.
НАСТРОЙКИ
switch close <==> ( H+L)/2 == КЛЮЧ переключатель для выбора типа цены
blue RSIVOL= switch the color of the fields == включить / выключить окраску RSIVOL над и под уровнями
blue => vp=volume * price === период для вычисления объемной цены
blue => RSIVOL(vp,len) === период для вычисления RSIVOL
blue RSIVOL KEY === включить \ выключить линию RSIVOL
blue _RSIVOL_ to include the width LINE === включить линию RSIVOL в виде ленты
blue_RSIVOL_ line width ===ширина ленты
blue _RSIVOL => EMA(true) or ALMA(false) coefficients ( kk, ss) === использовать EMA или ALMA для вычисления объемной цены. По умолчанию ALMA, когда на кнопке нет галочки.
ALMA-->kk=={0,1} === коэффициент для формулы ALMA с диапазоном изменения от 0 до 1
ALMA-->ss=={1,10} === коэффициент для формулы ALMA с диапазоном изменения от 1 до 10
key => and-and RSIVOL(ema) blue + RSIVOL (alma) black === Этот ключ позволяет отобразить на графике обе линии RSIVOL одновременно и как ema и как alma.
blue__o1=> ema ( RSIVOL, o1) === дополнительное сглаживание RSIVOL после всех вычислений
fuchsia RSIVOL ( 200 ) = rsivol/rsivol200 === включить RSIVOL200
fuchsia__ => RsiVol200 (vp,200) === период для вычисления RSIvol200
fuchsia__o2=> ema ( RSIVOL200 , o2) === дополнительное сглаживание RSIvol200
key red => rsi(close) === ключ выключения RSI
key => or-or price RSI <--> volume ORSI ===ключ для отображения RSI или ORSI
key => and-and price RSI + volume ORSI === ключ для отображения одновременно RSI и ORSI
red=rsi (close,14) === период вычисления RSI и ORSI
red= ema ( RSI ,2) == дополнительное сглаживание RSI и ORSI
key ==> histogram of the difference (RSI-ORSI) === включить отображение гистограммы разницы RSI-ORSI
yellow line level_UP__rsi === верхний уровень для RSI-ORSI
yellow line level_DOWN__rsi=== нижний уровень для RSI-ORSI
level_UP_rsivol == верхний уровень для RSIvol
level_DOWN_rsivol == нижний уровень для RSIvol
RSI => replace EMA true --> ALMA(kk,ss) false== заменить EMA на ALMA в вычислении RSI
ALMA=>kk=={0,1} === коэффициент alma
ALMA=>ss=={1,10} === коэффициент alma
Major Event Price Indicators (Coronavirus Lows)This very simple script adds a corridor for two low price ranges, where Corona started to hit. Useful to visualize where a stock currently trades at, relative to the Corona / Covid-19 crisis.
Can easily be adjusted for different dates regarding any major events, crashes. Useful when you run out of Alarms and just want to see "is that still below or above where it was before ?".
Add as many dates as you want, just alter the names of each indicator.
Built upon the script of vitvlkv.
Auto Fib Retracement AlertsFor the fibonacci traders.
The Auto Fib Retracement Is a good indicator for tradingview to show you the current alerts and points to watch in the market
IMPORTANT SETTING => Retracement
This controls your alert levels
I have modified it to deliver the following
+Custom Fib retracement level alerts
+Drawing of old levels and retracement levels
+Backtesting Old Alerts
There are two shapes drawn on the chart;
Shown When the fib end is attained and market retraces back to your level
1. Buy retracement -
2. Sell retracement
How are they detected?
When we have new levels in the market; this is when the red or gree line changes, we calculate the new fib level that we will be watching for retracement
This is the purple level drawn on the chart
When the market first crosses below or above this level, The alert will be fired.
Consequent crosses are not updated
Enjoy! 😍
Originally requested by trade atechproduction
EMI 1 (v3.1)After months and months of back-testing. I finally decided to release this update. Would also like to give out a special thanks to TradingView for making it possible to create scripts and share this with the community. I have acquired a lot of information in this community. I believe that when you take, you should also share. That’s why I am sharing this wonderful indicator for free. Remember, knowledge and experience is the most valuable things in life.
EMI, short for Epic Market Indicator:
60-80% theoretically profitable trades, depending on the time period. However if you use EMI blindly, the percentage might even go lower. Nevertheless, there should be enough presenting opportunities, if you use her wisely. Remember, like any instrument, 'practice makes perfect'.
EMI 1 is actually a combination of diverse indicators:
Tesla EMA/SMA Ribbon: Periods based upon Nikola Tesla's favorite numbers; 3, 6, 9. (Disabled by default)
Fibonacci EMA Ribbon: Periods based upon Fibonacci frequency; 21, 34, 55, 89. (Enabled by default)
Regular EMA/SMA Ribbon: Periods based upon Standard frequency; 10, 20, 100, 200. (Disable by default)
Pivots (Disabled by default).
Bollinger bands (Disabled by default).
Bar trend color (Disabled by default).
Buy & Sell signals, which makes EMI a unique indicator: Based upon diverse indicators & oscillators buy or sell signals. Not predictions, but high probabilities.(Enabled by default, obviously ^^ )
Red symbols are sell or short signals / Green symbols are buy or long signals.
Dots represents possible price action trend reversals and the diamond symbols could be a possible confirmation and the big X is even a stronger confirmation signal. (A top or bottom, not THE bottom or top). These signals are based upon certain buy & sell conditions by a diversity of indicators known by most traders. Think for example, crossing EMA’s, Stochastic RSI , MACD , oversold and overbought territories.
New v3.1:
Modified to even more accurate buy & sell signals
Yellow X
Bar trend colors based on Money Flow Velocity or Money Flow
The signal conditions are based on different oscillators, known by many traders. ALWAYS wait for the candle to close and preferring even more confirmations before taking any consideration nor actions. No signals means most of the time trend continuation. EMI 2 in combination with EMI 1 and traditional authentic pattern formations with a darkened theme is recommended. For more explanation please ask my on streams or join my academy once it's online!
Good luck fellow traders and don't forget to tap the like & follow button. Thanks in advance.
McClellan Summation Index - Miekka FormulaThis indicator is the McClellan Summation Index calculated as by Jim Miekka. Jim was a renowned mathematician who contributed immensely to the trading world by tying to develop independent mathematical indicators.
It was Jim Miekka who established the independent relationship to calculate the Summation index without calculating the cumulative of the McClellan Oscillator.
On top of the Summation Index I have added a 10 EMA to easily identify a change in trend.
I would recommend a user to read more about the Summation index and its utilities before using this indicator.
Altcoins capitalization histogram [peregringlk]This script superseeds "Other altcoins BTC capitalization histogram". The previous versions was a bit confusing in my opinion and lacked some generalization, so I'm now publishing this improved version.
It shows 6 pieces of info:
- Green columns: BTC price change for that day.
- Red bars: Altcoins capitalization change for that day, measured in bitcoins (altcoins_USD_capitalization / BTCUSD)
- Green/red background: green if that day the USD capitalization change was a gain, and red if it was a loss.
- Green line: accum BTC price change for the selected last days.
- Red line: accum altcoin capitalization change measured in BTC for the selected days.
- Dotted blue sequence: accum altcoin USD capitalization change for the selected days.
The base line of the histogram is 1 instead of 0, because I'm showing the price changes as multipliers (price change rates), so if there have been a +20% market movement, the calculated value will be 1.2, and if there have been a -20% market movement, then the value will be 0.8. 1 means no movement (preserved price/capitalization). Price and capitalization changes will be calculated using candle closes.
About the accumulated price changes, it will calculate the accumulated multiplication of the corresponding price change multipliers. For example, if you have set you want 3 days for the accumulation rates, and the last three days saw a -20%, +10% and +15% price/capitalization changes, the current value for the line will be 0.8*1.1*1.15 = 1.0120, or a +1.2% price change respect to the day before yesterday.
By default, if you are looking any ALTBTC market (for example, ETHBTC), instead of showing the USD and BTC capitalization of all alts, it will take the BTC and USD prices of the current market (the USD price will be calculated as ALTBTC * BTCUSD; and the BTCUSD price will be taken from BITSTAMP, the one with the longest BTC history I know in tradingview). If you are looking any other markets that is not paired with BTC, then it will take the USD capitalization of all altcoins, and the BTC capitalization will be calculated as altcoins_USD_capitalization / BTCUSD (from BITSTAMP as well).
Also, remember that, in both cases (alts capitalization or price), the graph will consistently respect the following rule:
- btc_usd_price_change * alt/capitalization_btc_price_change = alt_usd_price_change.
That applies for both the green/red bars respect to the background, and the green/red line respect to the blue dotted sequence.
Lastly, you may want to know if, in case btc price and altbtc price or capitalization go in opposite directions, who gain the battle? For example, if BTCUSD moved +20%, and an ALTBTC price moved -20%, the result is a loss, because 1.2*0.8 = 0.96, so the ALTUSD price or capitalization moved -4% (remember that, for preserving the USD value, if today's bitcoin change rate is x, the altbtc change rate must be 1/x; so for a -20% BTCUSD price movement, there must be at least a +25% ALTBTC price change to don't loss USD value, because 1/0.8 = 1.25). The background is what shows you that: if the background is green, it means that for that day there was a total USD gain of value, and when it's red, then it was a loss of USD value.
You can customize the following things:
- Accum change rate interval: the "selected days". By default 7.
- Take alts-capitalization?: By default unmarked. The effect when is unmarked is what I have explained in the previous paragraph. If you mark it, then it will use the USD_capitalization of all alts no matter what market you are looking right now.
- Which capitalization do you want? There are three options, that applies when "Take alts-capitalization?" is marked, or otherwise, when you are not looking a BTC-paired market.
- - - All-alts (default option): take CRYPTOCAP:TOTAL2 security as reference Alts-capitalization, which represents all altcoins.
- - - Other-alts: take CRYPTOCAP:OTHERS security as reference Alts-capitalization, which represents all altcoin except the 9 most capitalized alts.
- - - Big-alts: take CRYPTOCAP:TOTAL2 - CRYPTOCAP:OTHERS as reference Alts-capitalization, which represenst only the 9 most capitalized alts.
The idea of this script is:
A) Figuring out what is causing a USD value gain or loss, the alts market movements, or the BTC price change. So you can spot if some altcoin, or all altcoins combined, are gaining or loosing value by themselves or because of bitcoin.
B) Trying to spot or discover some patterns that allows you to identify altseasons. Once an altseason has been developed, the chart will show it in a pretty obvious way (massive red line bells and dotted blue lines with very high values during a period of various weeks). The hard problem is to spot it in advance, and maybe this graph can help.
FANG INDICATORTrack the strength of any group of stocks that are driving markets. This defaults to FANG. In the settings, replace the symbols to better fit the environment such as replacing NFLX with AAPL.
CPR by Anand with PDL/PDH & Breakouts 15/30 minsThis is an enhanced version of CPR by Anand with Configurable previous day high and low and option to configure breakout lines of 15 and 30 mins.
Will be an useful tool for day traders who follows CPR tricks and breakouts.
Strategy - Bobo PAPATRHi I've revamped this bot mentioned in the linked idea to make it work with v4 of pine. In doing so there are some very significant changes to how it works. The main one is that it no longer uses traditional daily pivot calculations to calculate the bands. It creates a more dynamic intraday set of pivot points based on recent price action rather than yesterday's ohlc. As published, the bot is tuned for a 15 min time frame. But it actually works well on lower time frames you just need to adjust the lookback periods in settings a bit to re tune it. It's also tuned to ES really but will need tweaking for a different instrument at the very least.
The basic concept is recent price action is used to calculate a 'middle' around which red and green bands are located. Their position or width is largely determined by recent volatility. The middle line is again calculated from recent price action. The three lines from that form a tradeable range with green at the top and red at the bottom. The strategy is simple enough, it shorts as it sinks from outside red, and longs when rising above green. The basic principle being that once you enter that range you have a high probability of hitting the middle before you hit your stop loss. So the basic principle is you are trying to capture the inherent ranginess of liquid indices like S&P 500. That back and forth movement that happens. The bot is capturing this by fading extremes of a recent range but the problem with that is you'dd get murdered in a strong trend. To mitigate that there is a trend calculation running in the background the will prevent trading against firm trends mostly. So the bot should trade mostly in rangy conditions because that is what it is trying to do.
Bot will close issue close signals automatically upon crossing the middle, it also will close automatically at predefined stops or limits. These values are denominated in market mintick values. For example the CFD SPX500 has a mintick of 0.1. Therefore a stop value of 100 will equate to 10 points on the index. If trading the same market via ES1! the mintick value is different - 0.25. So in this case a value of 40 is required to set the stop at 10 points.
Anyway shout if you have questions. Hope it's useful.
TVC:SPX OANDA:SPX500USD
Strategy - Bobo Intraday Swing Bot with filtersThis is an adapted version of my swing bot with additional filters that mean it works quite well on lower timeframes like 1min, 5 mins as long as you adjust the setting accordingly (reduce pivot timescale, band width)
Entry conditions are filtered by an invisible trend calculation running in the background so the bot doesn't repeatedly try and fail to fade a strong trend. It has just about everything you should need for basic use, stop losses and targets, automatically close trade at pivot.
I get good results on rangey instruments like major indices such as SPX / ES that kind of thing. Make sure you understand the minmum tick value of an index so the stop setting on the bot work properly
Hope it's useful!
Expanded Camarilla LevelsHello Everyone,
The Expanded Camarilla Level s is introduced in the book " Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market " by Franklin Ocho a. I will not write a lot about the book, you should read it for yourself. There are many great ideas in the book, such using these levels, following trend, time price opportunity, Advanced Camarilla Concepts and much more.
The definition/formula of the levels defined in the book. ( actualy L1, L2, H1 and H2 levels are not used in the strategy, so not shown on the chart )
RANGE = highhtf - lowhtf
H5 = (HIGH/ LOW) * CLOSE
H4 = CLOSE + RANGE * 1.1/2
H3 = CLOSE+ RANGE * 1.1/4
H2 = CLOSE+ RANGE * 1.1/6
H1 = CLOSE+ RANGE * 1.1/12
L1 = CLOSE- RANGE * 1.1/12
L2 = CLOSE- RANGE * 1.1/6
L3 = CLOSE- RANGE * 1.1/4
L4 = CLOSE- RANGE * 1.1/2
L5 = CLOSE- (H5 - CLOSE)
Levels:
Strategy: you need to take care of the candles, as you can see there is bearish candle on first part, and Bullish Candle on second part!
Another Strategy:
An Example:
ENJOY!
GC Supports & ResistancesThe indicator display the supports and resistances available. Breakout also are reported in case that not exists at least three resistances.
Does print lines and labels with each identified data (S, R and BO).
[Zekis]Opening Range Higher High Lower Low Forex SessionsOpening Range Higher High Lower Low Forex Sessions
Very useful for session trading, the opening range will reset when new session is start and will plot new higher highs and new lower lows until the end of the session.
Ability to change between 3 opening sessions:
* London - opens at 3:00 am EST
* New York - opens at 8:00 am EST
* Tokyo - opens at 7:00 pm EST
* New day - GMT +0
Green arrow - new higher high
Red arrow - new lower low
Green background - the strength of the bullish trend
Red background - the strength of the bearish trend
(the lighter the color, the stronger the trend)
Enjoy!
@zekis
TKP % Dist from MA'sThis script allows you to see how far away the closing price is, in percetage terms, from any moving average on any time frame (Simple or exponential).
Mionne LongShort Swing ViewThis is a Beta Version from a LongShort Swing View
Inspired by CryptoAman better know as ACEACEACE
At the moment it based on a 5 min. Chart
Shows possible Entrys and Exits from Longs on 5 Minutes Swings
