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High-Low Index

Advanced Supply and Demand Indicator# Advanced Supply and Demand Indicator This Pine Script™ indicator helps traders identify potential supply and demand zones in financial markets. It uses price action, volume, and historical data to plot these zones on your chart, providing valuable insights for trading decisions. ## Key Features: - Automatically detects and plots supply and demand zones - Customizable lookback period for zone identification - Adjustable strength multiplier for more precise zone detection - User-defined opacity for visual clarity - Combines price action and volume analysis for improved accuracy ## How It Works: 1. Identifies significant price levels using a specified lookback period 2. Analyzes volume data to confirm potential supply and demand zones 3. Plots supply zones in red and demand zones in green 4. Displays the current price for easy reference ## Customization Options: - Lookback Period: Adjust the historical data range (1-100 bars) - Zone Strength Multiplier: Fine-tune the sensitivity of zone detection (1.0-3.0) - Zone Opacity: Set the transparency of plotted zones (10-100%) This indicator is designed to help traders identify potential areas of support and resistance, allowing for more informed entry and exit decisions in their trading strategies.
Pine Script™ indicator
by CR-JE
[MAD] Fibonacci Bands with SmoothingHi, this is just an easy script, nothing special, it was a request from a community member and was finished in just 40 minutes :D This indicator offers a approach to tracking market price movements by utilizing Fibonacci-based levels combined with customizable smoothing options for both the bands and the high/low values. Key Features: Customizable Moving Averages: Choose from a variety of smoothing methods, including SMA, EMA, WMA, HMA, VWMA, and advanced Ehlers-based methods. This allows for flexible adaptation to different assets. Multiple Fibonacci Band Multipliers: The user can define six different multipliers for both the upper and lower Fibonacci bands, allowing for granular customization of the indicator. The middle line serves as the central reference, and the multipliers extend the bands outward based on price range dynamics. High/Low Smoothing: In addition to smoothing the Fibonacci bands, users can apply smoothing to the high and low prices that form the basis for calculating the Fibonacci bands. This ensures that the indicator responds smoothly to market movements, reducing noise while capturing key trends. Forward Shift Option: Allows for projecting the bands into the future by shifting the calculated levels forward by a user-specified number of periods. This feature is particularly useful for those interested in anticipating price actions and future trends. Visual Enhancements: The indicator features filled regions between bands to clearly visualize the zones of price movement. The fills between the bands offer insight into potential support and resistance zones, based on price levels defined by the Fibonacci ratios. How It Works: The indicator uses the highest and lowest closing prices over a specified lookback period to establish a price range. Based on this range, it calculates the middle line (0.5 level) and applies user-defined Fibonacci multipliers to generate both upper and lower bands. Users have control over the smoothing method for both the high/low prices and the bands themselves, allowing for an adaptive experience that can be tailored to different timeframes or market conditions. For visualization, areas between the upper and lower bands are filled with distinct colors, providing an intuitive view of the potential price zones where the market might react or consolidate. These fills highlight the zones created by the Fibonacci bands, helping users identify critical market levels with ease. have fun p.s.: @frankchef hope that suits your needs & expectations ;-)
Pine Script™ indicator
by djmad
Sessions Full Markets [TradingFinder] Forex Stocks Index 7 Time🔵 Introduction In global financial markets, particularly in FOREX and stocks, precise timing of trading sessions plays a crucial role in the success of traders. Each trading session—Asian, European, and American—has its own unique characteristics in terms of volatility and trading volume. The Asian session (Tokyo), Sydney session, Shanghai session, European session (London and Frankfurt), and American session (New York AM and New York PM) are examples of these trading sessions, each of which opens and closes at specific times. This session indicator also includes a Time Convertor, enabling users to view FOREX market hours based on GMT, UTC, EST, and local time. Another valuable feature of this indicator is the automatic detection of Daylight Saving Time (DST), which automatically applies time changes for the New York, London, and Sydney sessions. 🔵 How to Use The indicator also displays session times based on the exact opening and closing times for each geographic region. Users can utilize this indicator to view trading hours either locally or in UTC time, and if needed, set their own custom trading times. Additionally, the session information table includes the start and end times of each session and whether they are open or closed. This functionality helps traders make better trading decisions by using accurate and precise time data. Key Features of the Session Indicator The session indicator is a versatile and advanced tool that provides several unique features for traders. Some of these features are : • Automatic Daylight Saving Time (DST) Detection : This indicator dynamically detects Daylight Saving Time (DST) changes for various trading sessions, including New York, London, and Sydney, without requiring manual adjustments. This feature allows traders to manage their trades without worrying about time changes. Below are the start and end dates for DST in the New York, London, and Sydney trading sessions : 1. New York : Start of DST: Second Sunday of March, at 2:00 AM. End of DST: First Sunday of November, at 2:00 AM 2. London : Start of DST: Last Sunday of March, at 1:00 AM. End of DST: Last Sunday of October, at 2:00 AM. 3. Sydney : Start of DST: First Sunday of October, at 2:00 AM. End of DST: First Sunday of April, at 3:00 AM. • Session Display Based on Different Time Zones : The session indicator allows users to view trading times based on different time zones, such as UTC, the local time of each market, or the user’s local time. This feature is especially useful for traders operating in diverse geographic regions. • Custom Trading Time Setup : Another notable feature of this indicator is the ability to set custom trading times. Traders can adjust their own trading times according to their personal strategies and benefit from this flexibility. • Session Information Table : The session indicator provides a complete information table that includes the exact start and end times of each trading session and whether they are open or closed. This table helps users simultaneously and accurately monitor the status of all trading sessions and make better trading decisions. 🟣 Session Trading Hours Based on Market Mode and Time Zones The session indicator provides precise information on the start and end times of trading sessions. These times are adjusted based on different market modes (FOREX, stocks, and TFlab suggestions) and time zones (UTC and local time) : 🟣 (FOREX Session Time) Forex Market Mode • Sessions in UTC (DST inactive) : Sydney: 22:00 - 06:00 Tokyo: 23:00 - 07:00 Shanghai: 01:00 - 09:00 Asia: 22:00 - 07:00 Europe: 07:00 - 16:00 London: 08:00 - 16:00 New York: 13:00 - 21:00 • Sessions in UTC (DST active) : Sydney: 21:00 - 05:00 Tokyo: 23:00 - 07:00 Shanghai: 01:00 - 09:00 Asia: 21:00 - 07:00 Europe: 06:00 - 15:00 London: 07:00 - 15:00 New York: 12:00 - 20:00 • Sessions in Local Time : Sydney: 08:00 - 16:00 Tokyo: 08:00 - 16:00 Shanghai: 09:00 - 17:00 Asia: 22:00 - 07:00 Europe: 07:00 - 16:00 London: 08:00 - 16:00 New York: 08:00 - 16:00 🟣 Stock Market Trading Hours (Stock Market Mode) • Sessions in UTC (DST inactive) : Sydney: 00:00 - 06:00 Asia: 00:00 - 06:00 Europe: 07:00 - 16:30 London: 08:00 - 16:30 New York: 14:30 - 21:00 Tokyo: 00:00 - 06:00 Shanghai: 01:30 - 07:00 • Sessions in UTC (DST active) : Sydney: 23:00 - 05:00 Asia: 23:00 - 06:00 Europe: 06:00 - 15:30 London: 07:00 - 15:30 New York: 13:30 - 20:00 Tokyo: 00:00 - 06:00 Shanghai: 01:30 - 07:00 • Sessions in Local Time: Sydney: 10:00 - 16:00 Tokyo: 09:00 - 15:00 Shanghai: 09:30 - 15:00 Asia: 00:00 - 06:00 Europe: 07:00 - 16:30 London: 08:00 - 16:30 New York: 09:30 - 16:00 🟣 TFlab Suggestion Mode • Sessions in UTC (DST inactive) : Sydney: 23:00 - 05:00 Tokyo: 00:00 - 06:00 Shanghai: 01:00 - 09:00 Asia: 23:00 - 06:00 Europe: 07:00 - 16:00 London: 08:00 - 16:00 New York: 13:00 - 21:00 • Sessions in UTC (DST active) : Sydney: 22:00 - 04:00 Tokyo: 00:00 - 06:00 Shanghai: 01:00 - 09:00 Asia: 22:00 - 06:00 Europe: 06:00 - 15:00 London: 07:00 - 15:00 New York: 12:00 - 20:00 • Sessions in Local Time : Sydney: 09:00 - 16:00 Tokyo: 09:00 - 15:00 Shanghai: 09:00 - 17:00 Asia: 23:00 - 06:00 Europe: 07:00 - 16:00 London: 08:00 - 16:00 New York: 08:00 - 16:00 🔵 Setting Using the session indicator is straightforward and practical. Users can add this indicator to their trading chart and take advantage of its features. The usage steps are as follows : Selecting Market Mode : The user can choose one of the three main modes. Forex Market Mode: Displays the forex market trading hours. oStock Market Mode: Displays the trading hours of stock exchanges. Custom Mode: Allows the user to set trading hours based on their needs. TFlab Suggestion Mode: Displays the higher volume hours of the forex market in Asia. Setting the Time Zone : The indicator allows displaying sessions based on various time zones. The user can select one of the following options: UTC (Coordinated Universal Time) Local Time of the Session User’s Local Time Displaying Comprehensive Session Information : The session information table includes the opening and closing times of each session and whether they are open or closed. This table helps users monitor all sessions at a glance and precisely set the best time for entering and exiting trades. 🔵Conclusion The session indicator is a highly efficient and essential tool for active traders in the FOREX and stock markets. With its unique features, such as automatic DST detection and the ability to display sessions based on different time zones, the session indicator helps traders to precisely and efficiently adjust their trading activities. This indicator not only shows users the exact opening and closing times of sessions, but by providing a session status table, it helps traders identify the best times to enter and exit trades. Moreover, the ability to set custom trading times allows traders to easily personalize their trading schedules according to their strategies. In conclusion, using the session indicator ensures that traders are continuously and accurately informed of time changes and the opening and closing hours of markets, eliminating the need for manual updates to align with DST changes. These features enable traders to optimize their trading strategies with greater confidence and up-to-date information, allowing them to capitalize on opportunities in the market.
Pine Script™ indicator
by TFlab
3
Entry Weight Indicator(Dual Labels)이 지표는 트레이더가 동적으로 진입 비중을 결정할 수 있도록 도와주는 도구입니다. 이전 캔들의 종가를 기준으로 두 가지 다른 진입 비중을 계산하여 표시합니다. 주요 특징: 1. 두 가지 진입 비중 계산: - 저점 기준 (EW Long): 이전 캔들 종가와 룩백 기간 내 최저가 사이의 거리를 기준으로 계산 - 고점 기준 (EW Short): 이전 캔들 종가와 룩백 기간 내 최고가 사이의 거리를 기준으로 계산 2. 시각적 표시: - 초록색 라벨 (EW Long): 캔들 위에 표시 - 빨간색 라벨 (EW Short): 캔들 아래에 표시 - 룩백 기간 내 최고가와 최저가를 녹색과 빨간색 선으로 표시 3. 사용자 정의 파라미터: - 원하는 손실 비율 (Desired Loss Percentage) - 레버리지 (Leverage) - 룩백 기간 (Lookback Period) 4. 추가 정보 표시: - 차트 우측 상단에 이전 종가, 최고가, 최저가, 손실 비율 등의 정보를 표시 사용 방법: 1. 원하는 손실 비율, 레버리지, 룩백 기간을 설정합니다. 2. 차트에 표시되는 라벨을 통해 각 캔들에 대한 두 가지 진입 비중을 확인합니다. 3. EW Long (초록색)은 Long 진입 시 비중을, EW Short (빨간색)는 Short 진입 시 비중을 나타냅니다. 주의: 이 지표는 투자 시 직접적인 성과를 가져다주는 지표가 아니며, 실제 거래 결정 시에는 다른 분석 도구와 함께 사용하는 것이 좋습니다. This indicator is a tool that helps traders dynamically determine their entry weight. It calculates and displays two different entry weights based on the closing price of the previous candle. Key features: 1. Calculation of two entry weights: - Low-based (EW Long): Calculated based on the distance between the previous candle's close and the lowest price within the lookback period - High-based (EW Short): Calculated based on the distance between the previous candle's close and the highest price within the lookback period 2. Visual display: - Green label (EW Long): Displayed above the candle - Red label (EW Short): Displayed below the candle - Highest and lowest prices within the lookback period are shown as green and red lines 3. User-defined parameters: - Desired Loss Percentage - Leverage - Lookback Period 4. Additional information display: - Information such as previous close, highest price, lowest price, and loss percentage is displayed in the upper right corner of the chart How to use: 1. Set the desired loss percentage, leverage, and lookback period. 2. Check the two entry weights for each candle through the labels displayed on the chart. 3. EW Long (green) represents the entry weight for long positions, while EW Short (red) represents the entry weight for short positions. Caution: This indicator does not directly lead to investment performance. When making actual trading decisions, it is advisable to use it in conjunction with other analytical tools.
Pine Script™ indicator
by CH_WINNER
Last Candle OHLC (Ticks or Points)What the Code Does 1. **Draws Lines and Labels**: - It draws lines on your chart to show the high, low, open, and close prices from the previous period (like the previous day or week). - It also labels these lines with numbers that tell you how far the current price is from these levels. 2. **Shows Price Movement**: - You can see how far the price has moved from these levels in terms of small price changes (ticks) or larger units (points). - This helps you understand price movements and potential levels of support or resistance. 3. **Customizable**: - You can choose whether to show these lines and labels, and you can select if you want to see the movement in ticks or points. - The lines can extend into the future on your chart to help you anticipate where prices might be in the coming days. ### How It’s Useful: 1. **Identify Key Levels**: - It helps you spot important price levels from past periods, which can act as support or resistance. 2. **Understand Price Movement**: - You get a visual sense of how much the price has moved from key levels, which can help you gauge market volatility. 3. **Plan Trades**: - By seeing where the price has been and how it has moved, you can better plan your trades, like deciding where to enter or exit based on these levels. 4. **Flexible for Different Markets**: - It works across various markets, like stocks, futures, and forex, adjusting to the specific characteristics of each instrument. In short, this tool helps you visualize and understand past price movements and levels on your chart, aiding in your trading decisions.
Pine Script™ indicator
by teebala786
ICT opening price lineShows you the opening price of a certain time of day. I will show as line starting from the time selected and ending a few bars into the future. Available times are the ones ICT said are relevant for framing a premium and discount using opening prices: 00:00, 8:30 and 13:30. To show all 3 you have to add the indicator 3 times. The script offers some customization on how the line should look line and if you want a label telling the time of it after the line.
Pine Script™ indicator
by Remote-Trading
Bloodbath IndicatorThis indicator identifies days where the number of new 52-week lows for all issues exceeds a user-defined threshold (default 4%), potentially signaling a market downturn. The background of the chart turns red on such days, providing a visual alert to traders following the "Bloodbath Sidestepping" strategy. Based on: "THE RIPPLE EFFECT OF DAILY NEW LOWS," By Ralph Vince and Larry Williams, 2024 Charles H. Dow Award Winner threshold: Percentage of issues making new 52-week lows to trigger the indicator (default: 4.0). Usage: The chart background will turn red on days exceeding the threshold of new 52-week lows. Limitations: This indicator relies on historical data and doesn't guarantee future performance. It focuses solely on new 52-week lows and may miss other market signals. The strategy may generate false positives and requires further analysis before trading decisions. Disclaimer: This script is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
Pine Script™ indicator
by dtretola
1
Stock WatchOverview Watch list are very common in trading, but most of them simply provide the means of tracking a list of symbols and their current price. Then, you click through the list and perform some additional analysis individually from a chart setup. What this indicator is designed to do is provide a watch list that employs a high/low price range analysis in a table view across multiple time ranges for a much faster analysis of the symbols you are watching. Discussion The concept of this Stock Watch indicator is best understood when you think in terms of a 52 Week Range indication on many financial web sites. Taken a given symbol, what is the high and the low over a 52 week range and then determine where current price is within that range from a percentage perspective between 0% and 100%. With this concept in mind, let's see how this Stock Watch indicator is meant to benefit. There are four different H/L ranges relative to the chart's setting and a Scope property. Let's use a three month (3M) chart as our example and set the indicator's Scope = 4. A 3M chart provides three months of data in a single candle, now when we set the Scope = 4 we are stating that 1X is going to look over four candles for the high/low range. The Scope property is used to determine how many candles it is to scan to determine the high/low range for the corresponding 1X, 3X, 5X and 10X periods. This is how different time ranges are put into perspective. Using a 3M chart with Scope = 4 would represent the following time windows: - 1X = 3M * 4 is a 12 Months or 1 Year High/Low Range - 3X = 3M * 4 * 3 is a 36 Months or 3 Years High/Low Range - 5X = 3M * 4 * 5 is a 60 Months or 5 Years High/Low Range - 10X = 3M * 4 * 10 is a 120 Months or 10 Years High/Low Range. With these calculations, the indicator then determines where current price is within each of these High/Low ranges from a percentage perspective between 0% and 100%. Once the 0% to 100% value is calculated, it then will shade the value according to a color gradient from red to green (or any other two colors you set the indictor to). This color shading really helps to interpret current price quickly. The greater power to this range and color shading comes when you are able to see where price is according to price history across the multiple time windows. In this example, there is quick analysis across 1 Year, 3 Year, 5 Year and 10 Year windows. Now let's further improve this quick analysis over 15 different stocks for which the indicator allows you to watch up to at any one time. For value traders this is huge, because we're always looking for the bargains and we wait for price to be in the value range. Using this indicator helps to instantly see if price has entered a value range before we decide to do further analysis with other charting and fundamental tools. The Code The heart of all this is really very simple as you can see in the following code snippet. We're simply looking for the highest high and lowest low across the different scopes and calculating the percentage of the range where current price is for each symbol being watched. scope = baseScope watch1X = math.round(((watchClose - ta.lowest(watchLow, scope)) / (ta.highest(watchHigh, scope) - ta.lowest(watchLow, scope))) * 100, 0) table.cell(tblWatch, columnId, 2, str.format("{0, number, #}%", watch1X), text_size = size.small, text_color = colorText, bgcolor = getBackColor(watch1X)) //3X Lookback scope := baseScope * 3 watch3X = math.round(((watchClose - ta.lowest(watchLow, scope)) / (ta.highest(watchHigh, scope) - ta.lowest(watchLow, scope))) * 100, 0) table.cell(tblWatch, columnId, 3, str.format("{0, number, #}%", watch3X), text_size = size.small, text_color = colorText, bgcolor = getBackColor(watch3X)) Conclusion The example I've laid out here are for large time windows, because I'm a long term investor. However, keep in mind that this can work on any chart setting, you just need to remember that your chart's time period and scope work together to determine what 1X, 3X, 5X and 10X represent. Let me try and give you one last scenario on this. Consider your chart is set for a 60 minute chart, meaning each candle represents 60 minutes of time and you set the Stock Watch indicator to a scope = 4. These settings would now represent the following and you would be watching up to 15 different stocks across these windows at one time. 1X = 60 minutes * 4 is 240 minutes or 4 hours of time. 3X = 60 minutes * 4 * 3 = 720 minutes or 12 hours of time. 5X = 60 minutes * 4 * 5 = 1200 minutes or 20 hours of time. 10X = 60 minutes * 4 * 10 = 2400 minutes or 40 hours of time. I hope you find value in my contribution to the cause of trading, and if you have any comments or critiques, I would love to here from you in the comments.
Pine Script™ indicator
by RMCapital668
Hi-Lo-GaugesIntroducing the 'Hi-Lo-Gauges' indicator, a powerful tool designed to provide a comprehensive visual representation of key price metrics. This indicator leverages up to 8 preset gauges, each catering to a specific aspect of market data: All-time high and low Current 52 Weeks high and low Current Annual High and Low Current Semi-Annual High and Low Current Quarterly High and Low Current Monthly High and Low Current Weekly High and Low Current Daily High and Low Users have the flexibility to choose all 8 or selectively display specific gauges. For each metric, the gauge dynamically adapts, with the low value set as the minimum and the high value as the maximum. Measurement options include utilizing the highest and lowest closes or the literal highest and lowest prices. The active price of the underlying asset serves as the reference point, allowing users to gauge the percentage move on the scale between the chosen minimum and maximum. Complete customization is at the users' fingertips, enabling them to tailor the indicator's appearance to suit their preferences. With 'Hi-Lo-Gauges,' traders and analysts can intuitively monitor and interpret diverse price metrics, fostering a deeper understanding of market dynamics and supporting more informed decision-making. Note: 'Hi-Lo-Gauges' is visible and applicable exclusively on the daily timeframe due to the nature of the metrics used.
Pine Script™ indicator
by faiyaz7283
7
Previous Day High and Low + Separators Daily/WeeklyPrevious Day High and Low + Separators Daily/Weekly is an indicator based on separators of days and weeks and at the same time points out the previous highs and lows, everything is marked by lines, it consists of creating a clean graph and separated by the different trading days, referring to the extreme points created the previous day. USEAGE Point to each day of the week at the top of the chart to get a time location in your trading week and day sparation determined by 00:00 of any timezone. The reference of the previous day's higs and LOWS is vitally important to understand which direction is most likely for the next day, either continuation or reversal. DETAILS As you can see you will be able to adapt these lines according to your chart design and with the desired intensity of appearance. SETTINGS UTC OFFSET: Determine your TIMEZONE in this section. DAILY SEPARATOR: You have the option to change the color, style, width and text color. WEEKLY SEPARATOR: You have the option to change the color, style, width and text color. PREVIOUS HIGS & LOWS: You have the option to change the color, style, width and text color.
Pine Script™ indicator
by Algoryze
16
QFL Screener [ ZCrypto ]The QFL Screener is a robust tool inspired by Quickfingersluc's trading strategy. Known as the Base Strategy or Mean Reversals, QFL focuses on identifying moments of panic selling and buying , presenting opportunities to enter trades at deeply discounted prices. The QFL Screener is designed to enhance your trading efficiency by simultaneously scanning 40 symbols. You have the flexibility to enable or disable specific symbols from the screening process, allowing you to tailor the screener to your preferred markets and instruments. The Screener has a built-in alerts system . As soon as the QFL conditions align for any of the scanned symbols, you'll receive instant notifications, empowering you to take prompt action and seize potential trading opportunities. In addition, I've incorporated a visual element to complement the alerts. Once the conditions are true, a green arrow shape will appear directly on the chart, providing a clear and intuitive signal of the QFL opportunity. To provide a clear overview, our screener presents a comprehensive table that highlights when the QFL condition becomes true for each symbol. This table acts as a visual guide, enabling you to monitor the status of multiple symbols at a glance, streamlining your trading decision-making process. With the QFL Screener, you gain an edge in identifying profitable trade setups based on Quickfingersluc's renowned approach. Experience the convenience of simultaneous screening, real-time alerts, and an intuitive table display, all in one user-friendly tool.
Pine Script™ indicator
by TZack88
4
NSDT Custom High and Low LinesFirst, the credit for the original script to plot a High and Low between a certain time goes to developer paaax. I took that idea, converted it to Pinescript V5, cleaned up the code, and added a few more lines so you can plot different levels based on time of day. Published open source like the original. The example shown has: Blue - plotting from the start of the Futures Asian session to the start of the Futures USA Session. (6:00PM - 9:30AM Eastern) Yellow - plotting from the start of the Futures Europe session to the start of the Futures USA Session. (3:00AM - 9:30AM Eastern) Green - plotting from the start of the Futures US Premarket session to the start of the Futures USA Session. (8:00AM - 9:30AM Eastern) These are great levels to use for breakouts and/or support and resistance. Combine these levels with the 5 min Open Range levels, as you have some good trades. Each of the three sessions have individual start and end times that can be modified by the trader, so you can easily mark off important areas for your style of trading.
Pine Script™ indicator
by NorthStarDayTrading
1
BTC Log High/LowThis indicator aims to display the price index of Bitcoin based on its logarithmic high and low values. Indicator calculates the logarithmic high and low values of Bitcoin using specific mathematical formulas and then applies a price index formula to obtain a value for each bar on the chart. The resulting value is plotted on the chart as a line, representing the Bitcoin price index. The indicator also includes several horizontal lines at specific levels, which can be adjusted by the user. The lines are used to indicate important price levels and act as support and resistance levels. Additionally, the indicator includes two moving averages, a 100-period exponential moving average (EMA) and a 200-period EMA, which can be used to identify trends.
Pine Script™ indicator
by okor96
4
X48 - Strategy | BreakOut & Consecutive (11in1) + Alert | V.1.2================== Read This First Before Use This Strategy ============== *********** Please be aware that this strategy is not a guarantee of success and may lead to losses. *********** Trading involves risk and you should always do your own research before making any decisions. ================= Thanks Source Script and Explain This Strategy =================== ► Description Write a detailed and meaningful description that allows users to understand how your script is original, what it does, how it does it and how to use it This Strategy Are Combine Strategy and Indicators Alert Function For Systematic Trading User. Strategy List, Thanks For Original Source Script , From Tradingview Build-in Script From fmzquant Github // Channel BreakOut Strategy : Calculate BreakOut Zone For Buy and Sell. // Consecutive Bars UP/Down Strategy : The consecutive bars up/down strategy is a trading strategy used to identify potential buy and sell signals in the stock market. This strategy involves looking for a series of bars (or candles) that are either all increasing or all decreasing in price. If the bars are all increasing, it can be a signal to buy, and if the bars are all decreasing, it can be a signal to sell. This strategy can be used on any timeframe, from a daily chart to an intraday chart. // 15m Range Length SD : Range Of High and Low Candle Price and Lookback For Calculate Buy and Sell. Indicators Are Simple Source Script (Almost I'm Chating With CHAT-GPT and Convert pinescript V4 to V5 again for complete almost script and combine after) // SwingHigh and SwingLow Plot For SL (StopLoss by Last Swing). // Engulfing and 3 Candle Engulfing Plot. // Stochastic RSI for Plot and Fill Background Paint and Plot TEXT For BULL and BEAR TREND. // MA TYPE MODE are plot 2 line of MA Type (EMA, SMA, HMA, WMA, VWMA) for Crossover and Crossunder. // Donchian Fans MODE are Plot Dot Line With Triangle Degree Bull Trend is Green Plot and Bear Trend is Red Plot. // Ichimoku Cloud Are Plot Cloud A-B For Bull and Bear Trend. // RSI OB and OS for TEXT PLOT 'OB' , 'OS' you will know after OB and OS, you can combo with other indicators that's make you know what's the similar trend look like? // MACD for Plot Diamond when MACD > 0 and MACD < 0, you can combo with other indicators that's make you know what's the similar trend look like? Alert Can Alert Sent When Buy and Sell or TP and SL, you can adjust text to alert sent by your self or use default setting. ========== Let'e Me Explain How To Use This Strategy ============= ========== Properties Setting ========== // Capital : Default : 1,000 USDT For Alot Of People Are Beginner Investor = It's Capital Your Cash For Investment // Ordersize : Default Are Setting 5% / Order We Call Compounded ========== INPUT Setting ========== // First Part Use Must Choose Checkbox For Use of Strategy and Choose TP/SL by Swing or % (can choose both) // In Detail Of Setting Are Not Too Much, Please Read The Header Of Setting Before Change The Value // For The Indicator In List You Want To Add Just Check ✅ From MODE Setting, It's Show On Your Chart // You Can Custom TP/SL % You Want ========== ##### No trading strategy is guaranteed to be 100% successful. ###### ========= For Example In My Systematic Trading Select 1/3 Strategy Setting TP/SL % Match With Timeframe TP Long Are Not Set It's Can 161.8 - 423.6% but Short Position Are Not Than 100% Just Fine From Your Aset Choose Indicators For Make Sure Trend and Strategy are the same way like Strategy are Long Position but MACD and Sto background is bear. that's mean this time not open position. Donchian Fans is Simple Support and Ressistant If You Don't Know How To Plot That's, This indicator plot a simple for you ><. Make Sure With Engulfing and 3 Candle Engulfing If You Don't Know, What's The Engulfing, This Indicator are plot for you too ><. For a Big Trend You can use Ichimoku Cloud For Check Trend, Candle Upper Than Cloud or Lower Than Cloud for Bull and Bear Trend.
Pine Script™ strategy
by X4815162342
10
Opening Range & Daily and Weekly PivotsThis script is for a combination of two indicators: an Opening Range Breakout (ORB) indicator and a daily/weekly high/low pivot indicator. The ORB indicator displays the opening range (the high and low of the first X minutes of the trading day, where X is a user-defined parameter) as two lines on the chart. If the price closes above the ORB high, the script triggers an alert with the message "Price has broken above the opening range." Similarly, if the price closes below the ORB low, the script triggers an alert with the message "Price has broken below the opening range." The daily/weekly high/low pivot indicator plots the previous day's high and low as well as the previous week's high and low. If the current price closes above yesterday's high or last week's high, the script triggers an alert with the messages "We are now trading higher than the previous daily high" and "We are now trading higher than the last week high", respectively. If the current price closes below yesterday's low or last week's low, the script triggers an alert with the messages "We are now trading lower than the previous daily low" and "We are now trading lower than the last week low", respectively. In addition to the visual representation on the chart, the script also triggers alerts when the price crosses any of these levels. These alerts are intended to help traders make decisions about entering or exiting trades based on the price action relative to key levels of support and resistance.
Pine Script™ indicator
by StockJustice
1
Market Structure MA Based BOS [liwei666] 🎲 Overview 🎯 This BOS(Break Of Structure) indicator build based on different MA such as EMA/RMA/HMA, it's usually earlier than pivothigh() method when trend beginning, customer your BOS with 2 parameters now. 🎲 Indicator design logic 🎯 The logic is simple and code looks complex, I‘ll explain core logic but not code details. 1. use close-in EMA's highest/lowest value mark as SWING High/Low when EMA crossover/under, not use func ta.pivothigh()/ta.pivotlow() 2. once price reaching EMA’s SWING High/Low, draw a line link High/Low to current bar, labled as BOS 3. find regular pattern benefit your trading. 🎲 Settings 🎯 there are 4 input properties in script, 2 properties are meaningful in 'GRP1' another 2 are display config in 'GRP2'. GRP1 MA_Type: MA type you can choose(EMA/RMA/SMA/HMA), default is 'HMA'. short_ma_len: MA length of your current timeframe on chart GRP2 show_short_zz: Show short_ma Zigzag show_ma_cross_signal: Show ma_cross_signal 🎲 Usage 🎯 BOS signal usually worked fine in high volatility market, low volatility is meaningless. 🎯 We can see that it performs well in trending market of different symbols, and BOS is an opportunity to add positions BINANCE:BTCUSDTPERP BINANCE:ETHUSDTPERP 🎯 MA Based signal is earlier than pivothigh()/pivotlow() method when trend beginning. it means higher profit-loss rate. 🎯 any questions or suggestion please comment below. Additionally, I plan to publish 20 profitable strategies in 2023; indicatior not one of them, let‘s witness it together! Hope this indicator will be useful for you :) enjoy! 🚀🚀🚀
Pine Script™ indicator
by liwei666
6