ToxicJ3ster - Day Trading SignalsThis Pine Script™ indicator, "ToxicJ3ster - Signals for Day Trading," is designed to assist traders in identifying key trading signals for day trading. It employs a combination of Moving Averages, RSI, Volume, ATR, ADX, Bollinger Bands, and VWAP to generate buy and sell signals. The script also incorporates multiple timeframe analysis to enhance signal accuracy. It is optimized for use on the 5-minute chart.
Purpose:
This script uniquely combines various technical indicators to create a comprehensive and reliable day trading strategy. Each indicator serves a specific purpose, and their integration is designed to provide multiple layers of confirmation for trading signals, reducing false signals and increasing trading accuracy.
1. Moving Averages: These are used to identify the overall trend direction. By calculating short and long period Moving Averages, the script can detect bullish and bearish crossovers, which are key signals for entering and exiting trades.
2. RSI Filtering: The Relative Strength Index (RSI) helps filter signals by ensuring trades are only taken in favorable market conditions. It detects overbought and oversold levels and trends within the RSI to confirm market momentum.
3. Volume and ATR Conditions: Volume and ATR multipliers are used to identify significant market activity. The script checks for volume spikes and volatility to confirm the strength of trends and avoid false signals.
4. ADX Filtering: The ADX is used to confirm the strength of a trend. By filtering out weak trends, the script focuses on strong and reliable signals, enhancing the accuracy of trade entries and exits.
5. Bollinger Bands: Bollinger Bands provide additional context for the trend and help identify potential reversal points. The script uses Bollinger Bands to avoid false signals and ensure trades are taken in trending markets.
6. Higher Timeframe Analysis: This feature ensures that signals align with broader market trends by using higher timeframe Moving Averages for trend confirmation. It adds a layer of robustness to the signals generated on the 5-minute chart.
7. VWAP Integration: VWAP is used for intraday trading signals. By calculating the VWAP and generating buy and sell signals based on its crossover with the price, the script provides additional confirmation for trade entries.
8. MACD Analysis: The MACD line, signal line, and histogram are calculated to generate additional buy/sell signals. The MACD is used to detect changes in the strength, direction, momentum, and duration of a trend.
9. Alert System: Custom alerts are integrated to notify traders of potential trading opportunities based on the signals generated by the script.
How It Works:
- Trend Detection: The script calculates short and long period Moving Averages and identifies bullish and bearish crossovers to determine the trend direction.
- Signal Filtering: RSI, Volume, ATR, and ADX are used to filter and confirm signals, ensuring trades are taken in strong and favorable market conditions.
- Multiple Timeframe Analysis: The script uses higher timeframe Moving Averages to confirm trends, aligning signals with broader market movements.
- Additional Confirmations: VWAP, MACD, and Bollinger Bands provide multiple layers of confirmation for buy and sell signals, enhancing the reliability of the trading strategy.
Usage:
- Customize the input parameters to suit your trading strategy and preferences.
- Monitor the generated signals and alerts to make informed trading decisions.
- This script is made to work best on the 5-minute chart.
Disclaimer:
This indicator is not perfect and can generate false signals. It is up to the trader to determine how they would like to proceed with their trades. Always conduct thorough research and consider seeking advice from a financial professional before making trading decisions. Use this script at your own risk.
Daytrade
Sebastine Trend CatcherSebastine Trend Catcher captures trends in any time frame in a very simple fashion. Green line crossing up above the signal zero line is uptrend. Red line crossing down the signal zero line is downtrend. The indicator line is presented by default as a step line, which gives an idea on how the trend moves inside the bigger trend. But it should be specifically understood that a trend starts only when the indicator crosses the signal zero line. The ups and downs in the indicator step line until crossing signal zero line is only small corrections and bounces inside a trend. Sebastine trend catcher captures trends smoothing prices in 2 steps. The indicator banks profusely on the idea of jackvmk’s Heiken Ashi Candles. The indicator presented in a centred oscillator fashion in a bottom panel helps understand the main trend and its different shades inside the trend in a clearly discernible manner with sharp entry signals when crossing zero line. The indicator could be used from Daytrading to Investment Trading. As usual this indicator too could produce overshoots and error signals and be better used with other indicators. The settings can be varied and experimented for any given scrip, timeframe or stock exchange.
kaptanFantastik[Take Profit and Stop Loss Finder]Hello all,
It's ATR based active take profit & stop loss finder.
You can set multipliers for taking profit and stop losing and you can change the price source for the calculation. Also, you can change the ATR level.
Defaults are my best settings. 2.2x for taking profit and 1.5x for stop losing. Open price is the source. Also, I think 5 ATR is the best for day and swing trade.
Levels are determined according to the open prices (This is because we can enter the position after our other indicators give the signal following the close price. Yet, you can change it). Since it's active and based on my calculation with ATR values, percentages for the taking profits and stop losing may change. Because of this, you need to note the take profit and stop lose prices after your entry price level is determined by the other indicators for the best success rates.
It can be used in any time frame with the other indicators to determine the best entry points. For example, 3 EMA levels with 5,8 and 13 is good option for the entry. You can enter the position when 5 crosses up 8 and both are above the 13. You can also use custom more advanced buy/sell indicators with this one for entry points.
It can be used with any asset from cryptocurrency to the stocks, from forex to gold etc.
Hint: You can set your levels lower than the take profit prices to maximize the success rate.
Note: Market should be open for the positions.
Example trade on the 5-minute timeline.
The below chart has both my custom indicator and the 3 EMAs mentioned above.
Trade 1: Entry price: 19191, Take Profit: 19276. Profit 0.44%
Trade 2: Entry price: 19189, Take Profit: 193009. Profit 0.625%
Türkçe bilen kullanıcılar için açıklama
Herkese merhabalar,
ATR tabanlı aktif kar al ve zararı durdur bulucu.
Kar almak ve zararı kesmek için çarpanlar belirleyebilir ve hesaplama için fiyat kaynağı değiştirebilirsiniz. Ayrıca, ATR seviyesini de değiştirebilirsiniz.
Varsayılanlar benim en iyi ayarlarım. Kar almak için 2,2 kat ve zararı durdurmak için 1,5 kat. Açılış, fiyat kaynağıdır. Ayrıca, 5 ATR'nin günlük ve kısa vade (swing trade) için en iyisi olduğunu düşünüyorum.
Seviyeler açılış fiyatına göre belirlenir (Çünkü diğer göstergelerimiz kapanış fiyatının ardından sinyal verdikten sonra pozisyona girebiliyoruz. Yine de bunu değiştirebilirsiniz). Aktif olduğu için ve ATR değerleri ile yaptığım hesaplamaya göre kar alma ve zarar kes yüzdeleri değişebilir. Bu nedenle, en iyi başarı oranları için; giriş fiyat seviyeniz diğer göstergeler tarafından belirlendikten sonra kar al ve zararı durdur fiyatlarını not etmeniz gerekir.
En iyi giriş noktalarını belirlemek için diğer göstergelerle herhangi bir zaman diliminde kullanılabilir. Örneğin, 5,8 ve 13 ile 3 EMA seviyesi giriş için iyi bir seçenektir. 5, 8'i geçtiğinde ve her ikisi de 13'ün üzerinde olduğunda pozisyona girebilirsiniz. Giriş noktaları için bununla birlikte daha gelişmiş özel al/sat göstergelerini de kullanabilirsiniz.
Kripto paradan hisse senetlerine, forexten altına vb. her türlü varlıkla kullanılabilir.
İpucu: Başarı oranını en üst düzeye çıkarmak için seviyelerinizi kar alma fiyatlarından daha düşük ayarlayabilirsiniz.
Not: Pozisyonlar için piyasa açık olmalıdır.
5 dakikalık zaman çizilgesinde örnek işlem.
Yukarıdaki örnek grafikte hem özel indikatörüm hem de yukrıda belirtilen 3 EMA var.
İşlem 1: Giriş fiyatı: 19191, Kazanç Al: 19276. Kar %0.44
İşlem 2: Giriş fiyatı: 19189, Kazanç Al: 193009. Kar %0.625
FCPO IntradayThis script is specially developed for the reference of Crude Palm Oil Futures ( CPO ) market traders.
Before using this script, traders need to know a few important things, namely:
1. Use of this script is limited to the Crude Palm Oil Futures ( CPO ) market only;
2. The appropriate time-frame for the purpose of using this script is 30 minutes.
Procedures for using indicators.
1. The line on the trading day will only be known after the first candle is completed, i.e. at 10:59:59 am;
2. Then, key in order.
Entry.
The recommended max Entry is once Long and once Short only on the same day.
Long.
1. Traders can only make a purchase when the market price hits the green line;
2. If traders hold a long position, traders can make a sale to close the long position when the price hits the blue line.
Short.
1. Traders can only make a sale when the market price hits the red line;
2. If traders hold a short position, traders can make a purchase to close the short position when the price hits the orange line.
Retail Bomber MK1Handydandy tool to wait for the whales to wake up and start trading.
Each Zone has a schedule (call it market session) and pumps and dumps can be seen on specific times.
And for each zone you can either Highlight the background of just the start time, the whole session, or color the bars instead of changing the background.
Each zone is already set for a specific market open (session open): ASIA, UK, SYDNEY, NY + other 2 extra zones.
All of this is customisable 🙂
To set the time configuration, it goes like this:
1230:1330:1234567
1230:1330 is the period of time you want to study
1234567 are the days of the week, where 1=Sunday...And you fall on 7=Saturday
Example: If we want to study the same ranges from Monday to Friday only, it goes like: 1230 1330:23456
Colors can be editable
Labels for each session can be changed too.
Still testing it.
4H Crypto RoycerThis indicator includes simple moving averages (21,50,200) and exponential moving averages (10,144) and has the ability to show this data on the chart with the approval of the user.
The indicator, which controls the intersections with the formulas it contains, can display the Golden Cross and Death Cross warnings to the user on the chart.
It draws a band on the chart with the support area calculations and in these band calculations; blends simple moving and exponential moving averages and smooths them by 1.5%.
It is used as a signal trigger in band overruns by replacing the lower and upper bands by calculation.
While one of our signal triggers is this band, our other variable is 50 simple moving averages.
Inspired by Kıvanç Özbilgiç's Supertrend indicator, the formula was updated using MA50 and 15% Stop-Loss instead of using atr multiplier.
Our chart has been tested in crypto currencies on 4 hour candles, so "4H" has been added to the beginning of the name.
We recommend using the indicator, buy / sell signals and the support band on the 4-hour charts.
F_ You Money MakerThe FYMM is a combination of custom stochastics and an SMA cloud. The idea is when the bullish stochastic crosses over the bearish stochastic and a cross occurs on the cloud it will alert you. The indicator is slightly leading so you'll need to be careful and use near technical levels such as support and resistance or trend lines. Up arrow means enter a long down arrow means enter a short. Again, use this around technicals.
TV Day Plan Template 1This is a template for daytraders, swing traders, supply and demand traders, and even swing traders. As traders we are always scanning charts for levels and zones. This template makes it easy and convenient to find, change, and chart levels. As a daytrader, I will use this daily. I always have daily and weekly targets in mind. This will ensure I don't lose track of the bigger picture while trading the smaller moves. Levels in this chart are not auto calculated. They are manually input. This script is a quick and convenient way to chart multiple levels without having to go through each drawing, change the settings, and then redraw the level. Currently this will only save levels for one ticker. A workaround is to use multiple instances and then hide the ones not in use. Another way is to use the second part to this script, Day Plan Levels Template 2. If only using one instance, you can save the levels as default. This will save them. However, if saving levels as default while using multiple instances of this indicator, the other levels will erase. The way that I use this that I have daily levels for #ES in one instance and then daily levels for #NQ in another instance.
This script is very customizable
Options include
On/Off Toggles
Light/Heavy Versions - Light versions does not plot. Heavy version will plot and show levels in info bar and price axis
Balance Levels
Control Levels
3 Support and 3 Resistance levels for daily and weekly
2 Support and 2 Resistance Clouds
Balance and Control Clouds
"0" value disables and hides levels
Ehler Fisher applied on distance EMAThis is an improved version of Fisher, which use as a source the distance from EMA , compared to the initial source which was on the close of a candle.
It can be used in any market, any time frame .
For conditions we have multiple conditions for the logic, in this case initially if our fisher is above 0 is a long direction ,if its belowe 0 its a short direction.
Also we can improve this condition even further, in this case if we cross up our previous line its a buy signal, and if we cross down its a sell signal.
For best usage combine the cross together with the position of fisher respecting the 0.
If you have any other questions, let me know with a private message.
MACD Bull Crossover and RSI Oversold - AlertsHello everyone, these are the alerts for my previous "MACD Bull Crossover and RSI Oversold" Long Strategy. This version currently does not support stoploss and takeprofit alerts but the next update will.
CRYPTO Trend Direction Multiple EMA'sToday I bring an indicator specialized in crypto markets.
Its made of multiples EMA : very fast, fast, normal, slow, very slow
The logic behind its simple :
For long : we check that the EMA are in ascending order like EMA 5 > EMA 10 > EMA 20 .... and at the same time that last close of candle is above all of them.
For short : we check that the EMA are in descending order like EMA 5 < EMA 10 < EMA 20 .... and at the same time last close of candle is below all of them.
It can be used with all time frames.
Enjoy it !
Yearly Levels for Day TradersThe above is the five minutes chart for $aapl
The script is useful in identifying price levels for the short term trading. The inputs are based on Fibonacci ratios but on yearly basis.
You will need to enter the pair ratio for where the stock is between ( I will show you).
Those pairs are as follows:
R1/R2
(0/0.23)
(.23/.38)
(.38/.61)
(.61/1)
(1/1.61)
(1.61/2.61)
(2.61/4.23)
(4.23/6.859)
(6.85/11.08)
(11.08/17.94)
(17.94/29.05)
(29.05/46.95)
(46.95/75.99)
(75.99/122.99)
I personally added the indicator multiple times to a template and put in all the pairs so I do not have to enter the pair each time.
The script does not tell you which level is a bottom or a top. Your experience matters.
If you are interested please PM me the username:
Day ATR H/L + Yesterday H/L + Today H/L - divinechartistNow you can monitor Yesterday's high and low on a small time frame, You no need to switch time frame every time.
Also, you can monitor support and resistance base on Day's ATR (Default Value is 14)
and also we used EMA of 21 for small-time trand identify.
This indicator helps you to find the best trade near to support and resistance. Using this indicator you can enter in trand with small STOPLOSS and for a BIG PROFIT.
EX :
If your current price is below 21EMA and also broke yesterday's low, so its probability to go more down.
Same, If the price is above 21EMA and the price broke yesterday's high so probability it's going more UP.
Also, you can book profit and set STOPLOSS base on ATR value.
if the price above or near TOP-ATR it's mean it's not the best price to buy, You can book a profit at this price or try to find short sell trade.
Same as if price below BOTTOM-ATR it's mean it's not the best price to sell, You can book a profit at this price or try to find buy trade.
S&P Intraday IndicatorS&P Intraday Indicator can be used to trade S&P 500 futures for day trade. Once you add this indicator on your chart, it will overlay on your chart. You can see green up arrow and red down arrows.
To start using: Add ES1! (E-MINI S&P500 Futures current) on chart, Make sure chart is 5 min chart, and then add indicator to chart. Note: This indicator only works for S&P 500 index .
You can take long position when arrow changes from "red down" to "green up"
You can take short position when arrow changes from "green up" to "red down"
You can also take new position in-between trend when there is a pull back of 2 or more candlesticks .
For Options trading you can buy SPY Calls for long and SPY Puts for short positions. Bets way to use this indicator is using ES1! contract.
You can send a private message on TradingView to gain access.
or Use the link below to obtain access to this indicator
MULTIPLE EMA TENDENCEExponential Moving Averages configured using the Phicube methodology.
Short Term Averages: 17 and 34
Medium Term Averages: 72 and 144
Long Term Averages: 305 and 610
Very Long Term Averages: 1292, 2584 and 4090
Consider the following SETUPs:
17, 72, 305 and 1292
or
34, 144, 610 and 2584
* Moving Averages Numerically Upward: Upward Trend
* Moving Averages Aligned Numerically to Below: Downtrend
* Average Price: Consolidation
GRAPHIC SCALP SETUP 1 MINUTE
Price Above 34 Period Exponential Moving Average = PURCHASE
Price Below 34 Period Exponential Moving Average = SALE
(Evaluate the Price Action of the 15 and 4 minute graphical times, for Daytrade, before starting operations)
------
Medias Móveis Exponenciais configuradas a partir da metodologia Phicube.
Médias Curto Prazo: 17 e 34
Médias Medio Prazo: 72 e 144
Médias Longo Prazo: 305 e 610
Médias Longuíssimo Prazo: 1292, 2584 e 4090.
Considere os seguintes SETUPs:
17, 72, 305 e 1292
ou
34, 144, 610 e 2584
*Médias Móveis Alinhadas Numericamente para cima: Tendência de Alta
*Médias Móveis Alinhadas Numericamente par abaixo: Tendência de Baixa
*Preço entre Médias: Consolidação
SETUP SCALP GRAFICO 1 MINUTO
Preço Acima da Média Móvel Exponencial de 34 periodos = COMPRA
Preço Abaixo da Média Móvel Exponencial de 34 periodos = VENDA
(Avalie o Price Action dos tempos graficos de 15 e 4 minutos, para Daytrade, antes de inciar as operações)
RealMoneyMinerThis Indicator will give you buy and sell signal based on average true range
This Indicator is modified version of Real Money Miner, which will give you fewer signals but with good accuracy.
Buy and Sell only as per your Risk Appetite.
Stoploss is also inbuilt.
Thanks,
rareme
1 Minute Scalper
How to use:
Green background: Long
With green background wait for white bars to appear, once white bars appear wait for green bars and enter long on break of high or close of green bar. The stop out of trade should be a candle that closes below the pivot: it should be apparent. (Can enter long after white bars if it has a long tail Stop below the tail).
Red background: Short
With red background wait for black bars to appear, once black bars appear wait for red bars and enter short on break of low or close of red bar. The stop out of trade should be a candle that closes above the pivot. (Can enter short after black bars if it has a long tail).
best of luck
How to detect last bar of day Simple way how to detect last bar of day and close all positions
UPD: day end can be different for yours because stocks market use another timezone
Session.TrdrThis a script designed to find continuation patterns on a variety of instruments but ideally on futures over short periods of time. The script can be used to trade trend over weekly and even monthly time frames but is best used for day trading. The script uses price action only as its key inputs highlighting the points during the trading day when the dominant flow has resumed. The script is designed to be traded on the 15M time frame for intra-day signals. To get access to the script please see the contact details in our signature.
Run.Trader.FuturesCFDThis is a Futures/CFD version of our RunTrader script that day trades the futures and commodity markets using trend analysis and confirmation of retraces to establish high probability entries in the general direction of the trend. The script can also be used for reversal purposes when the trigger candles on the chart are "not confirmed" The script generally produces 3-4 signals each day in the stock index futures
Vwap and MvwapDay Trading - Made Easy
Vwap (Volume weighted avergae price) is an excellent day trader's tool which comprises of two vital elements ( volume and Price).
and a 50 period vwap based MVWAP provides a baseline for the day trading strategy..
Green bars = price above both vwap and Mvwap.. (for long positions)
Red bars = price below both vwap and Mvwap .. (for short positons)
Gray bars = price in between both vwaps
* One has to apply this strategy along with momentum, major supports and resistances.
* add other confirmations for better trades.
Run.Trader by Boris SchlossbergThis is a short term scalping indicator from BK Forex that buys retraces in an uptrend and sells rallies in a downtrend at oversold/overbought points using 1 hour or 15-minute timeframes.
It can be traded on all the majors including EURUSD GBPUSD and USDJPY using 10 points take-profit targets and it can be traded on higher volatility pairs such as GBPJPY and EURNZD with wider stops and about 20 pip targets. By making the entry process highly visual this script makes timing the day trades much easier.
