Double Inside Bar & Trend Strategy - KaspricciDouble Inside Bar & Trend Strategy - Kaspricci
This strategy combines the Double Inside Bar candlestick pattern with a trend filter. Once the second inside bar closes and price is above trend moving average, a buy stop order is placed at high of the candle. If price is below trend moving average, a sell stop order is placed at the low of the candle.
This strategy is for educational purposes only! It is not meant to be a financial advice.
Settings
Trend source, type of moving average and length for calculating trend
Stop Loss Type - default: ATR. You can switch between stop loss calculation based on Average True Range value or fixed value.
ATR Length / Factor / TP Ratio - default: 14 / 2.0 / 2.0. Used to calculate the Stop Loss as ATR * Factor and Take Profit as Stop Loss * TP Ratio.
FIX Stop Loss / Take Profit - default: 10 pips / 20 pips. In case you select Stop Loss Type = FIX, these value swill be used.
Risk in % - default: 1%, option to adjust the quantity of a trade based on a defined risk percentage. If enabled, it will overwrite the quantity parameter of the strategy settings.
On top you can filter trades by start and end date as well as time of the day.
Candlestick analysis
[blackcat] L1 Simple Buy BackLevel 1
Background
This indicator models the situation before banker fund or whales lurking, buying chips, and about to pull up. This is the simplest version of blackcat L1 Buy Back indicator with only single line of core code.
Function
When is the time to buy, even if you know that whales are accumulating, but how long it needs to be lurking, and when it will rise is unknown. This indicator has been conditionally modeled through statistical high probability events, and the main judgment is that it is the key to step back before rising The bit, once the signal appears, will be pulled up.
Remarks
Feedbacks are appreciated.
[blackcat] L1 Beauty ShoulderLevel 1
Background
A classic candle pattern : beauty shoulder.
Function
Beauty shoulder, as the name suggests, is that the trend of the candle chart is like a beauty shoulder. The most important feature of the beauty shoulder pattern is that after it reaches the shoulder, it does not wash the market through the downward trend of the stock price, but only by slowing down the rising speed to achieve washing out float chips.Therefore, the shape of the beauty shoulder is not rising from beginning to end, but the acceleration of the rise has changed.
Morphological characteristics:
1. Beauty shoulder is a candlestick pattern. It is usually the trace left by the main force opening up positions. This pattern is encountered by dozens every year, and you will always find it if you look for it carefully.
2. The technical characteristics of the beauty shoulder, the 5-day moving average and the 10-day moving average must continue to form a golden fork.
3. The trend in the first half of the candle chart must present an arch, and only in this way can it be called a beauty shoulder.
4. The candle chart must be above the 60-day moving average. It is best to hang it in the air, or a stronger shoulder of the beauty. The candle chart is above the 30-day moving average, so the magnitude of the pull up will become larger.
5. The bottom of the shoulder of the beauty is the part of the consolidation, and the volume must be increased, because the shoulder of the beauty is the result of the main force building a strong position in a short time, so the volume must be increased.
6. The rise of the shoulders of the beauty is very scary, and the increase is usually more than 30%.
Remarks
Feedbacks are appreciated.
[blackcat] L1 Old Duck HeadLevel 1
Background
The old duck head is a classic form formed by a series of behaviors such as bankers opening positions, washing dishes, and pulling over the top of the duck head.
Function
A form of stock candles:
(1) Moving averages using 5, 10 and 60 parameters. When the 5-day and 10-day moving averages crossed the 60-day moving average, a duck neck was formed.
(2) The high point when the stock price fell back formed a duck head.
(3) When the stock price fell back soon, the 5-day and 10-day moving averages again turned up to form a duckbill.
(4) Duck nose refers to the hole formed when the 5-day moving average crosses the 10-day moving average and the two lines cross again.
Market significance:
(1) When the dealer starts to collect chips, the stock price rises slowly, and the 5-day and 10-day moving averages cross the 60-day moving average, forming a duck neck.
(2) When the stock price of the banker shakes the position and starts to pull back, the high point of the stock price forms the top of the duck's head.
(3) When the dealer builds a position again to collect chips, the stock price rises again, forming a duck bill.
Operation method:
(1) Buy when the 5-day and 10-day moving averages cross the 60-day moving average and form a duck neck.
(2) Buy on dips near the sesame point of trading volume near the duckbill.
(3) Intervene when the stock price crosses the top of the duck's head in heavy volume.
The top of the duck’s head should be a little far away from the 60-day moving average, otherwise it means that the dealer is not willing to open a position at this old duck’s head, and the bottom of the old duck’s head must be heavy. Small is better, nothing is the strongest! There must be a lot of sesame dots under the nostrils of the duck, otherwise it means that the dealer has poor control. There must be ventilation under the duck bill, the higher the ventilation, the better!
Remarks
Feedbacks are appreciated.
[blackcat] L1 Buy After RetracementLevel 1
Background
A summary of Buy After Retracement Entry Points.
Function
The "retraction to the moving average buying method", as the name suggests, is a buying reference for short-term adjustment and retracement to the key moving average after a single stock rises. For example, after the index has undergone a sharp correction, many strong stock varieties have retreated or are about to retreat to the key moving average position, and the buying point generated at this time is the "retraction to moving average buying method". Because candlesticks and moving averages have different styles, I summarize what I think of through this script.
Remarks
Feedbacks are appreciated.
Heiken Ashi Swing Range FilterIt uses heiken-ashi candles to find swing highs and lows, then check if candles are inside the range of them. This way you can filter out ranging market.
It may be better to use it in higher timeframe than current.
50 Pips A Day Strategy - Kaspricci50 Pips A Day Strategy
This strategy is designed to work on 1 hour timeframe. It is designed to capture the early market move of major forex pairs like EURUSD or GBPUSD. It takes the high and low of the first candle (7 a.m. GMT, London Stock Exchange opens) and places to pending orders at these prices levels.
High + additional gap in pips = buy stop pending order
Low + additional gap in pips = sell stop pending order
For both orders a stop loss of 15 pips and a take profit of 50 pips is used as a default. As soon as price triggers one pending order, the remaining pending order is cancelled. At the end of the configured session time all open and pending orders are closed / cancelled.
Settings
Trading Time - start and end time of session. It is configured for Monday to Friday only. At the beginning the first candle is used to define stop prices for pending orders.
Source for Buy Stop order - Default: high. Used to calculate buy stop order. You can add additional pips as a gap.
Source for Sell Stop order - Default: low. Used to calculate sell stop order. You can add additional pips as a gap.
Stop Loss in Pips - Default: 15. Used for both pending orders.
Take Profit in Pips - Default: 50. Used for both pending orders.
This strategy is for educational purposes only! It is not meant to be a financial recommendation.
Close CandlesClosing candle takes any input and turs it into a candle stick chart. You can go from a regular candle chart by setting the length to 1, to heikin ashi by setting the length to 4. One of the features of this scripts is the ability to reuse the function. This function is a great addition to most scripts as it makes it really easy to give your script a candle view. As always I hope that you find this release useful. If you find any bugs please let me know. The same goes with any features you might want to request. This includes requesting custom indicators. Enjoy!
Rolling HTF Liquidity Levels [CHE]█ OVERVIEW
This indicator displays a Rolling HTF Liquidity Levels . Contrary to HTF Liquidity Levels indicators which use a fix time segment, Rolling HTF Liquidity Levels calculates using a moving window defined by a time period (not a simple number of bars), so it shows better results.
This indicator is inspired by
The indicator introduces a new representation of the previous rolling time frame highs & lows (DWM HL) with a focus on untapped levels.
█ CONCEPTS
Untapped Levels
It is popularly known that the liquidity is located behind swing points or beyond higher time frames highs/lows.
Rolling HTF Liquidity Levels uses a moving window, it does not exhibit the static of the HTF Liquidity Levels plots.
█ HOW TO USE IT
Load the indicator on an active chart (see the Help Center if you don't know how).
Time period
By default, the script uses an auto-stepping mechanism to adjust the time period of its moving window to the chart's timeframe. The following table shows chart timeframes and the corresponding time period used by the script. When the chart's timeframe is less than or equal to the timeframe in the first column, the second column's time period is used to calculate the Rolling HTF Liquidity Levels:
Chart Time
timeframe period
1min 🠆 1H
5min 🠆 4H
1H 🠆 1D
4H 🠆 3D
12H 🠆 1W
1D 🠆 1M
1W 🠆 3M
By default, the time period currently used is displayed in the lower-right corner of the chart. The script's inputs allow you to hide the display or change its size and location.
This indicator should make trading easier and improve analysis. Nothing is worse than indicators that give confusingly different signals.
I hope you enjoy my new ideas
best regards
Chervolino
Sine Wave TheoryThere are some ideas out there that the market is like a collection of quantum events and that it could all be broken down into sine waves. I created this script to put that to the test.
The idea is simple, I tested 3 different factors that could be put into sine wave form.
1.) Bar Change
2.) Volume Average Change
3.) Coin Flip
For the bar change, I simply allow the sine wave to move upwards or downwards if the bars have changed color in their sequence. For example, if there were 3 red bars and 1 green bar, it would not move the sine wave up or down until the green bar appeared.
For the average volume change, it was the same idea, except that the sine wave could only move up or down if the volume had moved up or below the average value of the length given for calculating the average volume.
Finally, the coin flip simply simulates flipping a coin, and allows the sine wave to move one direction or the other once it has a side that is different from the previous chosen side. For example, heads, heads, heads, tails (once it flipped to tails, this would allow it to move a direction).
The sine wave trading theory that I watched claimed that if you know the correct sine wave # (which is how large the peak is, and/or the sine wave count which is how many peaks and valleys occur) that you can successfully predict future trades. Their claims that the reason it does not look like a perfect sine wave for these events is because there is different amounts of trading going on, thus the timing will be slightly off.
I am posting this to disagree with their ideas. For example, if you select to turn on trading for coin flip and turn off bar change, you will see the coin flip did better on the default settings!
It just so happens that any setting will eventually be good, making all the sine wave variations just completely random if you win or not.
I posted this to demonstrate how silly trading sine waves is. The real trick is using cosine and tangent waves... lol j/k
I hope this helps someone avoid this scam concept.
SOS/SOW ScoresThis indicator detects Signs of Strength (SOS) and Signs of Weakness (SOW) on individual candles. SOS/SOW are detected by measuring volume as a comparison to a moving average, price making a swing high or swing low, and candlesticks meeting certain criteria. All these different factors are weighted (importance) and added together to create a total score. Scores are then classified as either weak, moderate, or strong.
Top 40 constituents of S&P 500 IndexDisplays real-time candles of top 40 constituents of S&P 500 Index ( TVC:SPX ) for a given time frame, side-by-side. This gives an overall idea of breadth and depth of market movements in the time-frame.
Please note that, this is not a standard chart rendered bar-wise and may take time to load as it requests multiple securities. You could modify the contents, from settings, to include stocks from your portfolio or indices of different sectors.
[blackcat] L1 Buy BackLevel 1
Background
This indicator models the situation before big money or whales lurking, buying chips, and about to pull up.
Function
When is the time to buy, even if you know that whales are accumulating, but how long it needs to be lurking, and when it will rise is unknown. This indicator has been conditionally modeled through statistical high probability events, and the main judgment is that it is the key to step back before rising The bit, once the signal appears, will be pulled up.
This includes: using a moving average of custom parameters (the parameters of this key moving average need to be found through backtesting for different markets and trading varieties) as the basis for the main characterization of large-capacity trading behavior. Then build a model through the volume-price relationship:
1. There is a feature that the lowest price is lower than the moving average after the downward pressure of large funds.
2. The closing price must effectively stand above the moving average.
3. The ratio of closing prices for two consecutive days is less than the moving average value.
4. The moving average is just above the heavy volume, and the volume ratio meets certain requirements, indicating that it is a feature of heavy volume. (Amplified volume is an important manifestation of banker fund action)
Remarks
Feedbacks are appreciated.
Traders Reality Vector Candle ZonesVector Candle Zone indicator displays areas of unrecovered liquidity based on PVSRA with override option for the chart symbol.
Developed for TradersReality by infernixx with library conversion by peshocore
Traders Reality PVSRA Volume SuitePVSRA volume bars color coded to PVSRA vector candles and with override option and configurable moving average.
Indicator displays volume bars color coded to PVRSA price action and allows the user to override the chart symbol.
Developed for TradersReality by infernixx with library conversion by peshocore.
Traders Reality MainThis indicator serves as the Tradingview equivalent of an MT4 indicator suite.
It differentiates from existing TV indicators in its style and total feature set (most notably PVSRA and PVSRA Override)
It was originally designed for forex markets, and it will work for crypto as well, but it has not been tested on stocks.
List of features:
PVSRA Candles
Market boxes (NY/JP/ HK /UK/ FR and Brinks Boxes)
5/13/50/200/800 EMAs (cloud for 50EMA)
Pivot points (S/M/R 1,2,3; PP )
Yesterday and Last Week price range
Average Daily Range (Weekly and Monthly as well)
Daily Open
PVSRA Override
Psychological High/Low
Vector Candle Zones
All of these are configurable in the indicator settings.
Usage instructions:
PVSRA Candle colors meaning:
Green (bull) and red (bear): Candles with volume >= 200% of the average volume of the 10 previous chart candles, and candles where the product of candle spread x candle volume is >= the highest for the 10 previous chart time candles.
Blue (bull) and blue-violet (bear): Candles with volume >= 150% of the average volume of the 10 previous chart candles
PVSRA Override
In order to get reliable bar coloring, we need accurate data. If you're on a chart with low volume on some obscure exchange, you may want to use another exchanges datafeed for the symbol you are on to calculate the PVSRA bar colors with. This lets you do exactly that. By default it's off, but you can turn it on and use INDEX:BTCUSD, or really any other chart you want. You can combine charts too, e.g. use BINANCE:BTCUSDT+COINBASE:BTCUSD.
PVSRA Alerts
Alerts can be made for PVSRA "vector"/"climax" candles:
1. Create Alert (Clock with + sign)
2. Set Condition: "Traders Reality",
3. Select "Alert on Vector Candle",
4. Set it to Once per Bar,
5. choose your notification options.
Market boxes
The market boxes times are configurable and will change depending on the exchange timezone. I recommend to pick your main exchange/chart and adjust the times so that they are correct. Technically you will need to shift the time from the exchanges' timezone to GMT . Default values should be good for UTC based exchanges in current US+UK summer time.
Psychological High/Low
Configurable for Crypto or Forex - draws the perceived Psychological High/Low ranges for the week. Can display historical values too.
Vector Candle Zones
displays unrecovered liquidity left behind on unrecovered vectors. Configurable to take into account candle bodies or candles and wicks.
Recommended additional Tradingview indicator(s):
- TDI - Goldminds, Edited for Market Makers Method by Jakub Donovan
Footnotes
The code was originally by plasmapug, continued development (with permission) is now done by infernix and peshocore and xtech5192 in collaboration with TradersReality.
If you have suggestions or questions, you can message me or leave a comment.
