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Crypto Prices InfoPanel V2Hello traders Following the introduction of ByBit to TradingView ByBit on TradingView I decided to upgrade my previous Bitcoin InfoPanel Bitcoin-Prices-InfoPanel/ Now it's more dynamic (thumbs up) but only work with Bitcoin, Ethereum and Litecoin . If you select any other asset than those 3, the script won't work This is due to a technical limitation on TradingView because I can't do more than 40 security calls per script If you don't know what the security function is, here's a reminder : Security documentation . If you don't know what is TradingView... I cannot do anything for you... Now you can use this panel to have a very cool arbitrage view directly from TradingView and use the info to gamble between brokers (not financial advice) See you all tomorrow for a huge update regarding the Strategy Builder. I'll show you how to connect it to a Backtest system ____________________________________________________________ Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. - I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies Jump on a 1 to 1 coaching with me - You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Pine Script™ indicator
by Daveatt
3
Risk/Reward (InfoPanel)Hello ladies (if any in my followers ?) and gentlemen Here's your indicator of the day and once again given for FREE. What I'm going to say to my landlord if I can't pay rent because I'm not asking for $$ ? I'll probably send the next indicators from below the town brige. Even then... I will still comply with my challenge to share 1 original indicator a day and not a copy of what already exists The today indicator is to show you the great possibilites behind the TradingView Label object : Label Profit And Loss LABEL I thought about that one for a while and wanted to share how we can calculate dynamically a Risk to Reward ratio . This indicator is not based on the price on the chart. I repeat before getting the question asked me privately 10 times This indicator is not based on the price on the chart. "Then it's not useful dude, you're dumb". I agree and.... I agree... BUT you can now calculate your Risk to Reward ratio on TradingView directly rather than using an external Excel file. Who's dumb now :) ? For those curious about it, I used this formula for the R:R ratio formula Calculating-risk-reward.asp It will also display the Profit and Loss data based on your inputs only ERRORS LABEL I also added some basic errors management. If any error occur when you'll type your inputs, then a very mean Error label will appear and you'll have to fix the issues in less than a few seconds. Otherwise your computer will explode (KABOOOOM) and your trading capital will be redirected to my own insurance fund (I have a family to feed, thanks for your sacrifices) (end of joke) In more seriousness, the engine will check if the TP1/TP2/Stop Loss/Entry price combinaisons makes sense. If not, you''ll be punished with an error label. You can use this methodology for your own indicators in the futur to display dynamic messages based on users' inputs and/or current price on the chart The educational video giving more details is coming right up. You can watch it and should be located under "IDEAS" Wshing you all a very fruitful end of your day and see you tomorrow for the last indicator of the week (baby David is tired and need his rest) Dave
Pine Script™ indicator
by Daveatt
4
Trade ManagerHello everyone Hoped you had a great weekend and are ready for what's coming this week I'll never fail to satisfy my audience on TradingView and I'll start by sharing some heavy stuff.... Imagine the most amazing thing you had in your life. You got it ? now multiply this good feeling by 100 !!! OK... now I have a tool that is beyond that litteraly. Don't believe me, here's the Trade Manager ladies and gentlemen, I could barely contain my excitement this weekend to share it with the community I wasn't sure of sharing it but you guys did a great job with my other indicators giving me constructive feedback to improve them. Also, those helping me with such feedback usually get the indicator for a lifetime access for free. Please read this educational post I published for you before proceeding further : How-to-set-an-indicator-to-work-with-the-Trade-manager/ From here you normally connected the data source of your own indicator to the Trade Manager. If not, here's a reminder of the article mentionned above Step 1 - Update your indicator Somewhere in the code you'll have a LONG and a SHORT condition. If not, please go back to study trading for noobs (I'm kidding !!!) So it should look to something similar macrossover = crossover(MA1, MA2) macrossunder = crossunder(MA1, MA2) What you will need to add at the very end of your script is a Signal plot that will be captured by the Trade Manager. This will give us : // Signal plot to be used as external // if crossover, sends 1, otherwise sends -1 Signal = macrossover ? 1 : macrossunder ? -1 : na plot(Signal, title="Signal") The Trade Manager engines expects to receive 1 for a bullishg signal and -1 for bearish . Step 2 - Add the Trade Manager to your chart and select the right Data Source I feel the questions coming so I prefer to anticipate :) When you add the Trade Manager to your chart, nothing will be displayed. THIS IS NORMAL because you'll have to select the Data Source to be "Signal" Remember our Signal variable from the Two MM Cross from before, now we'll capture it and.....drumb rolll...... that's from that moment that your life became even more AWESOME The Engine will capture the last signal from the MM cross or any indicator actually and will update the Stop Loss, Take Profit levels based on the parameters you set on the Trade Manager Now I'll cover the different parameters of the tool It should be straightforward but better to explain everything here +Label lines : if unchecked, no SL/TPs/... will be displayed +Show indicators : This does nothing. Tradingview doesn't give the possibility to set Labels on an UI so we have to use this hack with a useless checkbox +Show PnL Panel : Will show a Panel at the right of your chart with the PnL updated for the last position only. In a future version, I'll make it work to list maybe the previous N positions defined by the user +Show Stop Loss Signal : Will display the stop loss label. You have the choice between three options : ++Percentage : Will set the SL at a percent distance from the price ++Fixed : SL fixed at a static price ++SuperTrend : Trailing stop loss based on Supertrend 'll add many more options this week for sure +Take Profit 1,2,3 : Visually define the three Take Profit levels Please note that once a Take profit level is reached, it will magically disappear. This is to be expected This indicator is a first draft of what I believe is such a great tool because can be connected to any indicator. I confess that I tried it only with a few... if you find any that's not working with the Trade manager, please let me know and I'll have a look (for free) I'm so excited to share it with all of you and that's the best possible way I could ever dreamt of to start the week with my TradingView community Wishing you all the best and a pleasant experience with my work David
Pine Script™ indicator
by Daveatt
2
SMA 50 collector V2Hi everyone The today script is an upgrade on steroids of my previous SMA 50 collector Why this script ? The SMA 50 is known to define a trend. If price is closing above, trend is bullish , if below, trend is bearish. That's why I like to have all of them in all timeframes on my chart :) Those are very relevant for all assets class : FOREX, INDEX, STOCKS, CRYPTO, ... What's the update ? I added new timeframes and developped a small optimization to get those labels placed on the right hand side of your screen. "Is it really useful sir ?" Well, you certainly noticed that looking at a chart on tradingview mobile is not ideal (indicators overlapping, indicator names taking too much space and so on...) When you'll deactivate the indicator name label display from tradingview, you can activate mine which will look way nicer on your mobile (and even Desktop). This concept was greatly inspired by @scarf : HOW TO USE IT ? You can activate/deactivate the SMA50 you (don't) need in the style section of the indicator configuration UI. You'll just have to uncheck/check. Simple right :) ? See y'all tomorrow for the next indicator or idea. The one for tomorrow should blow your mind as it certainly did when I discovered and optimized it Enjoy Dave
Pine Script™ indicator
by Daveatt
SMA collector MTF ForecastHello everyone Here's the today indicator That one is a true gift before X-mas. X-mas in July which bundles a lot more than what Santa Claus will offer you in December :) So without further due, let's dive right in This indicator will display the following algorithmic SMA : SMA 20 Daily SMA 50 Daily SMA 50 Daily SMA 100 Daily SMA 200 Daily SMA 20 Weekly SMA 50 Weekly SMA 100 Weekly SMA 200 Weekly SMA 7 Monthly SMA 20 Monthly SMA 50 Monthly Those SMA usually work as big supports/resistances for all tradable assets (forex, index, crypto, stocks, ...) That's it for the first feature, let's cover the next one 2/ I developped a small optimization to get those labels placed on the right hand side of your screen. "Is it really useful sir ?" Well, you certainly noticed that looking at a chart on tradingview mobile is not ideal (indicators overlapping, indicator names taking too much space and so on...) When you'll deactivate the indicator name label display from tradingview, you can activate mine which will look way nicer on your mobile (and even Desktop). This concept was greatly inspired by @scarf : 3/ Now the cherry on the top of the cherry on the top of the.... cake You'll have the cool option to display the forecasts for those SMAs based on either current price "flat" or a 3 period liner regressions "linreg". You can play out with the forecasts options and find out which ones will make the most of sense to you They're represented by small dots at the very right of the moving averages This concept was greatly inspired by @yatrader2 : That's a lot to digest but hope it went smoothly As always if you have any question or feedback or complain or you want to show me some love (please), shoot it in the comments section See y'all tomorrow for another indicator Enjoy Dave
Pine Script™ indicator
by Daveatt