Buy Sell IndicatorThis Buy Sell Indicator uses price action calculations to determine the bullish or bearish nature of the current market and then calculates if the price action is strong enough to give a signal. The indicator is fully adjustable so you can fine tune it to fit your specific trading style with Scalp Mode, Swing Mode, Long Swing Mode and candle trailing length. It also has an automatic trailing stop loss and take profit features that can be customized.
For price action identification, scalp mode looks at the candle body, candle wicks and size of the body and wicks and compares all of that to the previous candle to see if it is bullish or bearish. Swing mode will compare the current candle to the last 2 candles and long swing mode will compare the current candle to the last 10 candles. It’s looking for higher highs & lower lows, if the candle body is large or small and much more.
There are also filters that prevent signals from being given when the candle is small or has not made a higher high or lower low compared to the previous candle and multiple other filters to help hold positions longer. Once the price action direction has been confirmed, then the script looks at a massive amount of other calculations to determine if a signal should be given or not. These calculations are made up of all of my best indicators combined into a master signal generator as well as more new calculations from things I have learned over time and tested extensively that have not been made available to the public until now.
Price action as well as many other factors will all have to be confirming the direction before a signal can come in, but it reacts very quickly so it can give early signals at the first sign of reversal. Fine tune your settings to match your trading style from within the input settings and then look for potential reversal areas and take signals that appear in that reversal area for the highest probability of winning trades. I decided not to include any support or resistance or similar tools in order to keep the indicator lightweight and respond as fast as possible as well as update the candles as quickly as possible. This also lets you keep your charts clean and only use the support & resistance tools that you prefer since everyone has a different trading style.
HIGHER TIMEFRAME AND/OR MARKET SCANNER
There is also a higher timeframe scanner available as a separate indicator titled Buy Sell Signal Scanner that you can find on my profile. It can be customized to show you up to 8 higher timeframes of your current ticker or any other ticker you like. This is useful for trading with the trend of the higher timeframes or you can set it to the same timeframe as your chart and scan other tickers that usually move together or opposite for extra confirmation. Each ticker/timeframe will be displayed in a table on the chart and colored green or red depending if it is currently bullish or bearish. If you are using a different timeframe than the current chart, then it will display the timeframe next to the ticker name.
HOW TO USE
CANDLES
The candles will paint blue or orange according to the price action detected. This can be customized or turned on/off and will follow the price action according to the trade mode settings. Using these candle colors helps to get rid of anxiety when watching candles come in that are in the opposite direction of your trade. I highly recommend using this feature as it helps you control your emotions much better during trading.
TRADE MODE
The trade mode settings let you choose between Scalp Mode, Swing Mode and Long Swing mode. They all use the same price calculations, but each mode has its own filters to hold through ranging price action in a slightly different way. You can also adjust the candle trailing length to make it hold positions even longer. The candle trailing length will not let a signal come in until there is a higher high or lower low than the previous X number of candles from this setting.
Scalp mode will get you in and out of positions the earliest. Swing mode will hold signals longer by filtering out ranging price action. Long swing mode uses even more filtering to hold positions even longer than swing mode and let price range more without calling out every move. Each one of these modes will also be affected by the candle trailing length.
It should be noted that using swing mode and long swing mode or increasing the candle trailing length will make the signals not perform as well when price action is whipsawing up and down and also will not have as early of entries and exits as scalp mode due to the range breaks that are needed for a signal to be given. That being said, it will hold positions much longer when markets are trending and still have great entries and exits, so use the longer settings when markets are trending and then switch to scalp mode when the market is chopping around and moving sideways for best results.
Scalp Mode
Swing Mode
Long Swing Mode
STOPLOSS
There is an automatic stoploss feature as well. It calculates the average candle height and adds/subtracts that from the highest high or lowest low of the past X number of candles according to your Stoploss Candle Trail Length. Use a lower number for a tight trailing stoploss and increase the number for a more loose stoploss. You can also customize the color of the stoploss line and label or turn it off if you prefer. The stoploss will update on every candle for proper trailing but it will not switch to an opposing signal until the candle closes with a new signal.
TAKE PROFIT
There is an automatic take profit level generator as well that also uses the average candle height for its calculations. There are 3 settings that let you set the average candle size multiplier for each take profit level. The default settings are evenly spaced at 3, 6 and 9 times the average candle height from where the most recent signal locked in at candle close. Adjust these numbers to suit your preference. You can also customize the color of the take profit lines and label or turn it off if you prefer. The take profit levels will not change to an opposing signal until the opposing signal is confirmed on the candle close.
Auto Stoploss & Take Profit
SIGNALS
The default signals are green and red arrows. The color can be adjusted in the settings or you can turn the bull or bear signals on or off if you only want entry signals for the direction of the trend.
VOLUME SPIKE SUPPORT & RESISTANCE
There are volume based auto support & resistance levels that are off by default, but can be turned on in the settings. It calculates the average volume over multiple periods and gets the average of that and then looks for volume spikes that were greater than the average, multiplied by the volume spike multiplier in the settings. If set to 3, then the volume spike will need to be 3 times or higher than the average volume bar for a level to show up. Increase or decrease this number to get more or less levels.
VOLUME WARNING
If volume is very low compared to normal, then a volume warning label will appear at the top of the chart letting you know that volume is very low and to trade with caution. I recommend not trading during those times though as price can whipsaw very easily.
ALERTS
There are also alerts that can be triggered for buy signals as well as sell signals. They are set to only send signals when the bar is confirmed so you won’t get alerts for signals that repaint while the candle is still open. You can use these alerts to send signals to your own trading bot if you choose to.
MARKETS
This buy sell indicator can be used on any market with price data such as stocks, crypto, forex and futures.
TIMEFRAMES
This buy sell indicator can be used on any timeframe.
PAIRINGS
We recommend pairing this Buy Sell Indicator with our Buy Sell Signal Scanner so you can check other timeframes and trade with the trend or use the scanner to look at other markets that move together or opposite of the ticker you are trading for extra confirmation of direction.
Buyandsellsignal
SQueezeVergenceThis is my SQueezeVergence indicator. It fires Buy and Sell signals based on squeeze momentum and trend. **It also creates Bull and Bear signals based on MACD divergence which should only be used as areas of support and resistance being as these signals repaint based on a 5 candle look back of pivots.** All settings are editable for better use. The default settings are what I use on the 1 Minute chart of ES to scalp. This is a simple indicator to help me get alerts on when I need to scalp. The divergence signals work well for areas of significance. I like to watch for breaks of these levels along with support and resistance. I hope this helps.
Exit-Willy AlertsThis is the Exit-Willy indicator. It issues Buy and Sell signals based on exit data from different moving averages and the Williams Percent R. It also has a LSMA filter. All values are adjustable. I like to use it with a higher Exit value being as it filters some of the false signals. There are multiple different settings to change and alter.
LinReg-MACD AlertsThis is the LinReg-MACD indicator. It issues Buy and Sell signals based on linear regression candles along with a SMA slope filter. It also uses the MACD as confluence for these signals. It also has a LSMA filter. All values are adjustable and there are check boxes for use on different candles. I find it works better for me when swinging higher timeframes like the 1 hour.
Double RSI TrendThis is my Double RSI Trend Indicator. It issues Buy and Sell signals based on the Supertrend and a double RSI . The RSIs cross near or at the same time as the Supertrend fires. It has the ability to change if you want signals based on the RSI cross on the same candle, one candle before, and two candles before. I find this one extremely good at catching reversals as long as you filter out some of the signals based on trend.
VolATRThis is my VolATR indicator. It fires Buy and Sell signals based on Volume and the ATR. Its pretty good at catching reversals and I like to use it to scalp the SPY . It doesn't provide tons of signals but the signals that it does are usually pretty accurate.
Channel SurfingThis is my Channel Surfing indicator. It fires Buy and Sell signals based on multiple conditions. You can use EMAs or LSMAs. You will have to check the box of which moving averages to use once you add it to the chart. It plots EMAs or LSMAs using the different sources Close, Low, and High as the channel to surf. It fires a Buy signal if price crosses the channel up and if there is a pullback into the channel followed by a breakout to the upside. It fires a Sell signal if price crosses the channel down and if there is a pullback into the channel followed buy a breakdown to the down side. I find it works great on the 5 minute SPY chart and the 1 minute chart of ES with the default settings when scalping. You are able to switch between 2 different channels using LSMAs or EMAs. The EMAs has an optional LSMA slope filter for getting rid of some false signals. Let me know if you guys find any other settings or ways to use this and as always I hope it helps.
Olympus MonsThis is the Olympus Mons indicator. It uses Braid Filter, LSMA, and Hawkeye Volume to fire Buy and Sell signals. I use this on the 5 Min. SPY chart to play 1 point scalp targets with options. I have been able to get a pretty consistent win rate using it like this. The default settings are what I use. Hope it helps any of you guys. Let me know if you see any settings that are better.
Tradesense PremiumTradesense Premium
Tradesense Premium indicator offers a buy & sell signal that is based from our senior analyst who have more than 10years of experience in Forex, Stock and Crypto trading and made it possible by our pine script developers.
Our script can detect market volatility based on the price direction and the absolute value of exponential moving average are multiplied to specific numbers to get a different trading style such as Scalper, Swing Trader and Trend Follower. We also filtered out all the signals using a different known indicators such as RSI, ATR, and ADX, and the results will allow you to enter a trade before the big moves occur. We also included all the important indicator which appears in real-time to get a competitive advantage in any market environment.
If you are a trader for a long time you should know that there is no way to avoid risk in trading. Every single trade could, theoretically at least, end up a loser. That is why our script also provides automatic risk management system which can gives you the ability to know exactly where to take the profit and to stop.
Trading style preset options - Will allows you to get the signals the way you wanted depending on your trading style. Ex. Scalper, Swing Trader or a Trend follower.
Bar color - Our bar colors are based on the price actions which detects the weakness of the bar or if the bar is ranging.
Reversal Zone - This indicator would identify possible price reversal zones.
Support & Resistance - This indicator draw a line at the pivot point to show possible support and resistance area.
Target Profit indicator based on price actions - This indicator will gives you an option to reduce your position or go out of the trade before the reversal happens.
Target Profit / Stop Loss based on ATR - This indicator will gives you a simple but effective risk management system to protect your capital. The TP/SL is based from the ATR.
Alert System - We are giving you an options to customize your alerts.
Our mission is to provide systematic way to build your success.
Release notes: Tradesense Premium V1.1
✅Trading style preset options
✅Bar color
✅Reversal Zone
✅Support & Resistance
✅Target Profit indicator based on price actions
✅Target Profit / Stop Loss based on ATR
✅Alert System
❓Trading style
Currently we have 3 sets of preset options that the user can use.
Scalp - this preset is made for the trader that wants a quick in and out of the trade. The best timeframe to this is 1min to 5mins chart.
Swing - this preset is for the trader who can wait a little bit longer in a trade. The best timeframe to use is 15mins to 1hour chart.
Trend - this preset is made for the busy people that can hold a trade more than a day. The best timeframe to use is 4hours to 1day chart.
❓Bar color
This options will change the color of your bars to lessen the noise of your chart.
Green Color is a bullish indicator
Red Color is a bearish indicator
Orange Color will signify that the trend is weakening
Purple Color is a consolidation/ranging price action
❓Reversal Zone
From the name it self, once the price is already hit the Reversal Zone the price will more likely to reverse or will make a correction.
❓Support & Resistance
When this option is enabled, the support and resistance levels will show up.
❓Target Profit indicator based on price actions
When this option is enabled, you will see a "💰" which means it's time to take profit or reduce your positions.
❓Target Profit / Stop Loss based on ATR
Most of the trader uses ATR as a stop loss level. When this option is enabled, the indicator for Stop Loss and Take Profit will show up and the TP/SL levels can be changed by changing the ATR Multiplier (Default is 1.8).
❓Alert System
Function alert is added and the user can customize it the way they want it.
Abdul Rehman Trading StrategyBest Buy & Sell Indicator for Crypto, Forex and stocks. This indicator is based on Volume, RSI and current support and resistance.
Best Time Frame:
5 Minutes, 15 minutes
Long Positions:
You will see numbers appearing in Green Colour starting from 7,8 and then you can see the LONG position signal.
Short Position:
You will see numbers appearing in Red Colour starting from 7,8 and then SHORT Position Signal.
Important Note:
If you see the bearish trend in 4 hours time frame then always follow SHORT positions and if you see the bullish trend in 4 Hour time frame then always LONG positions.
Mobo BandsThis indicator is the Mobo Bands (Momentum Breakout Bands). These bands are bollinger bands that have an adjusted standard deviation. There are Buy signals when it has momentum breakouts above the bands for moves to the upside and Sell signals when it has momentum breakouts below the bands for moves to the downside. The bands simply suggest that all markets have periods of chop which we all know to be true. While the price is inside the bands it is said to be trendless. Once the breakouts happen you can take trades in the breakout direction. I like to use these to swing trade options on the hourly timeframe but the bands should work on most instruments and timeframes. I like to use it to take swings on SPY on the 1 hour chart for entries and use the Daily chart for trend confirmation.
Stochastic/LSMA This is the Stochastic/LSMA Buy and Sell indicator. The Buy signal is generated when the %K line crosses up above the %D line from the stochastics while the signal candle is green and has come after a red candle. The Sell signal is generated when the %K line crosses down below the %D line from the stochastics while the signal candle is red and has come after a green candle. The default settings are %K Length is 5, the %K Smoothing is 3, and the %D Smoothing is 3 with the LSMA period being 30. I use this indicator to scalp 2 points at a time on the E-Mini (ES) on a 1 minute timeframe. I like to use a stop loss of 2 points and a target of 2 points. The LSMA helps to reduce fake signals and should also be used to see the overall trend. I hope this helps.
Double RSI/LSMA Double RSI uses a Slow RSI combined with a Fast RSI to generate Buy and Sell signals. Least Squares Moving Average is only here for filtering signals. It is very good on certain stocks or ETFs on longer timeframes for swing trading. If you get a Buy signal look at the LSMA trend and if the candle is above the LSMA. It works great for me on lower timeframes scalping futures and on higher timeframes swinging options. It is better than paying for Buy and Sell signals. Its my first script/indicator so play with it and see what you think. Let me know if you guys find anything that makes it better. Hopefully this helps some traders out there.
vStrat Algo 1.0 (BETA)vStrat Algo 1.0
The Very First Scalping/Intraday Trading Algo for Options
Note: If you have any favorite indicators that you use regularly and are helpful, feel free to use them in conjunction to this strategy.
Legend:
long = buy call
short = buy put
close entry = sell call/put
BULL = bullish engulfing
BEAR = bearish engulfing
OS = oversold
OB = overbought
Instructions:
1. You can choose to watch the 3 minute or 5 minute chart but be aware of the Pro’s and Con’s. It’s not recommended to use this strategy on the 1 minute chart, but this works on higher timeframes. Keep in mind that the signals will vary on each timeframe.
3 minute 5 minute
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2. It’s best to use this strategy right at market open. If a “long” (buy CALLS) or “short” (buy PUTS) signal was given at pre-market, I do not recommend taking it. Only take signals once the market opens. If you really wish to take the signal that was given 1-5 minutes before the market opened, you most definitely can, but its’s just riskier. What I would do is, wait 3-10 minutes after market open and if one Moving Average is respecting the other and holding above or below it, you can enter especially if the blow is bullish, the vStrat Algo 1.0 will also tell you if the candles are bearish or bullish. Use your best judgement.
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3. You do not have to wait for the exit signal, everyone's risk management is different so take profits whenever you're green or hold as long as the short-term MA is still trending above or below the long-term MA and is not touching or bouncing off it.
i.ibb.co
4. Avoid taking any signals from 11:30 AM ET - 2:30 PM ET, when stocks are trading sideways since the algo’s stop losses get triggered here due to the low volume.
i.ibb.co
5. Lastly, there is no magic indicator or strategy, this algorithm is designed based on multiple conditions. Each signal gets triggered when ALL the conditions are met. This strategy is based off advanced moving averages, one that reduces lag and responds quicker than the simple and exponential ones, RSI value, S/R, pivot points, and a few others. I’m always looking for ways to improve this scalping algorithm so rest assured any complaints or suggestions will be taken and fixed as timely as possible. For best results, avoid trading with your emotions. If you’re a new user, open a small position, set a stop loss, and let the algorithm decide how you will trade it for that day. Keep doing this until you get more familiar with the script then slowly increase your position sizing, but do not invest money you can’t afford to lose. Play with the settings, change the lengths if you wish, but the script was created to provide the most accurate signals as it is. If you do decide to change these inputs, the signals will also be different. Take profits whenever you see fit, the goal is to have a green day and grow your account slowly but surely. If you make a profit, do not risk giving your money back to the market by overtrading. Always do your own due diligence and use your best judgement. Good luck, Traders!
DISCLAIMER : All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. Conduct your own due diligence or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed, or implied herein, are committed at your own risk, financial or otherwise.
Full Swing Gold Vwap Macd SMO StrategyThis is a full strategy designed for gold market using 12h timeframe chart.
Its components are:
VWAP monthly
SMO oscillator
MACD histogram
Rules for entry:
For long: when enter when close of the candle is above vwap monthly, current histogram is higher than the previous one and SMO oscillator is above 0
For long: when enter when close of the candle is below vwap monthly, current histogram is lower than the previous one and SMO oscillator is below 0
Rules for exit:
We exit the trade if we get a reverse condition.
We also exit the trade based on a risk management system, both for SL and TP using % movements.
If you have any questions let me know !
B&S v3.4This is the new version of the indicator for the "B&S" strategy.
VERSION: B&S v3.4
We will explain how using our trading strategy developed by one of our programs and traders at DCA works.
HOW IT WORKS:
The "B&S" strategy uses RMA which is the same moving average used by the RSI, as they cross they give us an entry signal, be it a buy or sell, as the entry signal the script will color as bars according to the signal.
When an ORANGE candle appears, it indicates a large buy volume and when a PURPLE candle appears it indicates a lot of sales volume.
T⇡ or T⇣ indicates a long-term trend reversal.
DASHBOARD:
Our dashboard indicates the volatility of the traded asset, the short-term trend and the trade signal.
HOW TO USE:
If the trader is trading any asset in UP trend it is good to avoid SELL signals, but not mandatory, because if this SELL signal is accompanied by a STRONG SELL with purple candles then it indicates that the market makers (MARKET MAKERS) are "pushing" the price a little higher for the net positions of Retail Traders or other MM. This applies to downtrend.
Configure according to your trading strategy.
Financial markets are uncertain and information with the country's policy, so it is always good before any entry to analyze the market to understand what is happening with the traded asset.
B&S v3.2This strategy uses RMA, Moving Average used in RSI , to create the buy and sell signals. It is the exponentially weighted moving average with alpha = 1/length.
IT SHOWS ON THE GRAPH:
Buy: Long position.
Sell: Short position.
V ⇣: Institutional volume .
V ⇡: Institutional volume .
T ⇣: Downtrend.
T ⇡: Uptrend.
Volume (V ⇣/V ⇡) when Market Makers moving smart money.
When 200SMA is above 100SMA (T ⇡) 200SMA is below 100SMA (T ⇣)
HOW TO USE?
If you are trading any asset that is in an uptrend, avoid shorting until the sign (T ⇣) appears followed by the Institutional Volume signal (V ⇣) indicating reversion.
If you are trading any asset that is in a downtrend, avoid long positions until the signal (T ⇡) appears followed by the Institutional Volume signal (V ⇡) indicating reversal.
For long operations use "🕗 360" setting for Daily timeframe.
For Day Trade use "🕗 30" for 1 hour or 30 minutes timeframe.
coates moving averages (cma)This indicator uses three moving averages:
2 period low simple ma
2 period high simple ma
9 period least squares ma
The trend is determined by the angle of the moving averages, current close relative the the 9 least squares ma (lsm) and the current close relative to the prior two periods high and low.
When there are consecutive closes inside the prior two candles high and low then a range is signaled:
In ranges the buy zone is between the lowest low and the lowest close of the current range. The sell zone is between the highest high and the highest close. The zones are adjusted as long as the new close is within the prior two candles range:
When price closes above the 2 high ma and the 9 lsm then a bull trend is signaled if all moving averages are angled upward (as seen at #4 in the chart above and #1 the chart below ). If the 9 lsm and / or the 2 low ma continue to angle downward, following a close above the 2 high ma and 9 lsm, then a prolonged range or reversal is expected (#2 in the chart below):
During a bull trend the buy zone is between the 2 low ma and the 9 lsm. The profit target is the 2 high ma:
During dip buying opportunities price should resist closing below the 9 lsm. If there is one close below the 9 lsm then it is a canary in the coalmine that tells us to proceed with caution. This will often signal a range, based on the conditions outlined above. To avoid a prolonged range, or reversal, price needs to immediately react in the direction of the prevailing trend:
If the moving averages are angled down and the most recent close is below the 2 low ma and 9 lsm then trend is fully bearish:
During a bear trend the short zone is between the 2 high ma and 9 lsm. The profit target is the 2 low ma:
When the 2 high ma angles down and the 2 low ma angles up while price closes inside both mas then it indicates a cma squeeze:
Volatility is expected in the direction of the breakout following the squeeze. In this situation traps / shakeouts are common. If there is a wick outside the cma, with a close inside, then it indicates a trap / shakeout. If there is a close outside the 2 high / low ma then it signals a breakout.
A trend is considered balanced when the 9 lsm is roughly equidistant from the 2 low and 2 high mas. If the 9 lsm crosses the 2 high or 2 low ma then it signals exhaustion / imbalance.
For a stop loss I use the prior three periods low, for bull trends, and the prior three periods high for bear trends. I would expect other reliable stops, such as the parabolic sar or bill williams fractal, to be effective as well. The default moving averages should be very effective on all timeframes and assets classes, however this indicator was developed for bitcoin with a focus on higher timeframes such as the 4h, daily and weekly.
As with any other technical indicator there will be bad signals. Proceed with caution and never risk more than you are willing to lose.
Coinmaster Holding ScriptRECOMMENDATION: I PREFFER USE THIS ON 4H OR 1D TIMEFRAME
In the following article, I have completed the creation of this semi-automatic script dedicated to institutional capital management in the different markets, its development was carried out under operations that exceed a balance greater than 1 million usd, which will allow you to summarize your technical analysis or you can request my support to automate your account after your previous studies.
Alerts have been created that you can program or automate through webhook, under which you can program for advice or consultancy to your account, either to integrate indexed, forex or cryptocurrency trading api keys or to perform leveraged operations either long or short with leverage especially cryptocurrencies, with a focus on BTC / USD, BTC / USDT, ETH / USD, ETH / USDT, LTC / USD, LTC / USDT, TRX / USD, TRX / USDT but adaptable to any asset
where I deliver 6 years of research, training, use, development and implementation of different analysis and trading mechanisms in financial markets.
It allows you to carry out simple technical analysis studies in a calculated way
Using wide and different methods, which are automatically arranged algorithmically, indicating a buy or sell signal based on the "Price Action + Average True Range or Atr", which also takes into consideration the increase or decrease in volume and different combined conditions are used to arrive at a "combined signal" between them:
Macd
- RSI
- ATR "Average True Range
- Retracement and Fibonacci Levels
- Pivot Points
- Sar Parabolic
- Volume
- Crossing Moving Averages
- Price per volume trend indicator (VPT)
- Calculated Analysis of Divergence, Bullish Divergence, Bearish Divergence
- Analysis of Divergence and Fibonacci Crosses
- Combination of Pivot Points and Fibonacci Levels with automatic price adjustment for all time frames
- Automatic support and resistance adjustment
- Automatic adjustment, entry of new levels, eliminate and readjust fibonacci retracement levels and pivot points as the price advances automatically
- Calculation and Analysis and Strategy for Buying and Selling Bollinger Bands
- Automatic Creation, Analysis, Calculation and Adjustment of Trend Lines
- Ichimoku periods
- Automatic Calculation and Analysis of Divergence, Trend, Price and Volume taking into account multiple factors such as: Trend Lines, MACD, Balanced Volume or "OBV", Relative Strength Index "RSI", Commodity Channel Index (CCI )
You could use my indicator to either:
1. Create summary Buy and Sell Alerts
2. Create Alerts with Customizable Conditions
3. Create Alerts and Automate these by means of webhook shipments
4. Open and Close Positions automatically through Alerts sent through webhook and conditioned on your platform by custom% profit, either take profit or stop loss
You can configure the following alerts in an unlimited way:
-Buy Signal Indicated by Atr
-Sale Signal Indicated by Atr
-Buy signal by volume price trend indicator (VPT)
-Sale signal by volume price trend indicator (VPT)
-Sar Parabolic -High
-Sar Parabolic - Baja
- Bullish divergence
-Bearly divergence
-Crossing moving averages
-Cross above the Downtrend of the Fibonacci Level 0.382
-Cross above the Bearish Trend of the Fibonacci Level 0.5
-Cross above the Bearish Trend of the Fibonacci Level 0.618
-Crossover above the Bullish Trend of the Fibonacci Level 0.382
-Crosses above the Bullish Trend of the Fibonacc Level 0.5
-Cross above the Bullish Trend of the Fibonacci Level 0.618
-Cross below the downtrend of the Fibonacci Level 0.382
- "Crossover below the downward trend of the Fibonacci Level 0.5
-Cross below the downtrend of the Fibonacci Level 0.618
-Cross below the uptrend of the Fibonacci Level 0.382
-Cross below the uptrend of the Fibonacci Level 0.5
- Cross below the uptrend of the Fibonacci Level 0.618
1. If you don't want to rely on a single truth from my indicator, combine this with either RSI, MACD, or ADX levels.
2. If you are going to use it for a leveraged trade, A) My indicator does not have the absolute truth, B) Try to assign a% of take profit or stop loss range to allow the price to move without closing your recommended trade in loss. 3 to 4% or greater than 1%
Postscript: Use it at your own risk, I have made this script based on my personal opinion and experience, which is not considered at any time a financial or investment advice or of any kind, which after reading this I free myself from Any financial responsibility for your personal decisions, what you read in any market or legal action will only be considered before any court, person, page, agency, broker, trader, tools, investors, developers or people of any field and of any situation such as If fidubit has given computer advice for educational purposes on the use of pine script, all investment in any type of economy, asset or financial markets is at risk of ups and downs, therefore you are fully responsible for your investment, administration, decision, analysis and use and you should use only your risk capital in the broker you choose
Scalping Strategy with SL and TP activation settingsThis strategy can be used on pretty much every timeframe that gives you a satisfying performance and will give you entries with a high probability of a winning trade.
Recommended are lower timeframes, because after all this is a scalping strategy and with that your chart wont be cluttered.
How to use this script?
Currently you can setup your positions SL and TP, because the markets vary in volatility it could improve the performance of the strategy.
You will simply get your signals and can decide to act upon them.
Stop loss: Simply your stop loss order which will trigger when price moves a given % away from your entry.
TP-Activation: When price reaches your % target it will trigger a stop limit order. So if price turns against your position after reaching your target it will close your position in profit and if it runs in your favoured direction it will trigger at a later stage.
Trailing-Offset-%: After reaching your % target it will trigger the TP order with an offset. So if you set your trailing offset to 0.1%, your TP order will be set behind 0.1 %. This can be used to test if the strategy would perform as well
if you leave more room for trades to play out.
Will this script make me profitable?
No strategy is a silver bullet and it depends mostly on you.
Trading is not easy and most people fail, because their risk management skills arent solid or they cant control their emotions.
This script will give you statistically often good entries, so even if you hit a losing streak your SL will protect you from losing more than necessary until you get a winning streak.
Patience and consistency is key to be profitable in the long run.
Does the script repaint?
Although you will get a notification when setting an alarm that the indicator may repaint, no security function is used and the signals will stay on the chart, because the signal is calculated based on the last candle close and will trigger with the next candle.
I am still looking into why that notification pops up.
You are free to try the indicator for a limited time to be sure.
My experience with the strategy
The overall statistical advantage is great. The strategy can be used simply as it is, but becomes better if you already have some experience with trading. Sometimes it will give you a good entry, reaches your target and the price still goes in your preferred direction. So your trading returns and experience could be improved with confluence, but it is totally fine as it is and if used right will help you get going.
Disclaimer: This is no financial advice. This is a tool and I am not responsible for your actions.
If you are interested in the indicator feel free to dm me on TradingView.
PT MSTx StochasticVersion 1.0 of our MSTx Stochastic indicator helps determine when a trend is strong vs. exhausted. The indicator is a modified version of the original stochastic. We added a second line for further confluence, which acts as support & resistance. The added smoothing toggle of the indicator can help you get a different perspective of the move. We also added a series of Fibonacci levels that act as pivotal areas. We have two highlighted areas that offer volatility. Our Red zone (upper fibs) should prompt you to look for short entries & our Grey zone (mid fibs), which acts as a neutral/range area.
Main line – Faster settings that move through support/resistance quicker.
Signal line- Slower settings that tend to act as support/resistance for our main line.
Strategy:
Shorting- Look for the Main line to cross down into the Signal line & then retest the Signal line. Stronger signal if algo is active (Maroon).
Longing – Look for the Main line to cross up into the Signal line & then retest the Signal line. Stronger signal if algo is active (Green).
This Oscillator was built around our buy sell indicator & it is used on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!
MyAlgoPLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo Tool. Saves you and me some time in emails and messages. :)
This is the official version of MyAlgo
PLEASE UNDERSTAND THAT THIS IS A DIFFERENT AND SEPARATE PRODUCT AND SCRIPT FROM "MyAlgo SLIM" FROM THE MyAlgo TRADING TOOL SERIES
Description
Buy & Sell Alerts can be set on all Tickers. This includes, but is not limited to Crypto, Commodities , FOREX, Equities and Indices. Also all candle Types are compatible.
Recommended Time-frames - Due to the complexity of MyAlgo-SLIM the user has a choice between three algorithms and is like that able to trade on all timeframes with the highest returns.
MyAlgo combines many different aspects at the same time, scans multiple other Algorithms and comes to a conclusion based on over 1350 lines of code.
It is based on Divergences, Elliott Waves , Ichimoku , MACD , MACD Histogram, RSI , Stoch , CCI , Momentum, OBV, DIOSC, VWMACD, CMF and multiple EMAs.
Every single aspect is weighted into the decision before giving out an indication.
Most buy/sell Algorithms FAIL because they try to apply the same strategy to every single chart, which
are as individual as humans. To conquer this problem, MyAlgo has a wide range of settings and variables which can be easily
modified.
To make it a true strategy, MyAlgo has as well settings for Take Profit Points and Stop
Losses. Everything with an Alert Feature of course so that FULL AUTOMATION IS POSSIBLE.
I know from experience that many people take one Algorithm and are simply too LAZY to add multiple Algorithms to make a rational choice. The result of that is that they lose money, by following blatantly only one Algorithm.
MyAlgo has additional 15 Indicators, perfect for all markets, which can be turned on and off individually.
Side Notes
MyAlgo is being updated and upgraded very frequently to suit the requests of our customers.
This is not financial advice. Please read our disclaimer before using.
Anything below this sentence will be Updates regarding MyAlgo
35EMA Cross BuyAndSell Strategy + RIBBON [d3nv3r]This strategy allow the user to move the EMA which control the Buy&Sell Strategy and show the EMA ribbon that can be found in the Template area.
Buy showing the ribbon and letting the user to adjust the EMA signaling the B&S strat the user can create an elaborated strategy for buyPoint and sellPoint.
The 35EMA Cross is choosen by default but I recommend to move it to find best Sell point and best Buy point as you would not react on the same EMA for a Buy signal and a Sell Signal..
It would be good to have buy signal on a EMA and the sell signal on another but that's for another Strategy to be shared.
Let me know by commenting what you would like for the next one !
