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🔮 Mayer Multiple w/ MA Selection by Cryptorhythms🔮 Mayer Multiple w/ MA Selection by Cryptorhythms Description Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day SMA by default), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames. It`s worth noting as the market becomes larger and less volatile, the peaks are becoming less exaggerated. This is because a 200 day moving average baseline is a static yardstick against an ever growing, more stable, Bitcoin market. We should eventually recalibrate what constitutes the overbought/oversold extremes on this chart accordingly. Additional Features I added a heatmap based coloring and background highlighting of configurable overbought and oversold zones. In my testing I observed anecdotal evidence that a value of >1 signaled bull market sentiment and a value of <1 signaled bear sentiment. So I added the dashed line at that value. I also added secondary zones for experimentation on other timeframes or just plain tinkering. Lastly I added the ability to substitute the SMA for a few different types of moving averages. Default Settings The defaults zones are > 2.4 is overvalued and < 0.5 is undervalued. Default timeframe is daily Default MA is SMA and default length is 200 Suggested MA length for weekly chart is 28 👍Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly. 💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Pine Script™ indicator
by theheirophant
1
Total Power IndicatorHello traders! This indicator was originally developed by Daniel Fernandez (Currency Trader magazine, 2011). It is based on the two well-known indicators by Dr. Alexander Elder - Bulls Power and Bears Power. Signals 1) Long when Bull and Total lines indicate 100 (it happens rarely) 2) Short when Bear and Total lines indicate 100 (it happens rarely) 3) Bull and Bear lines crossovers 4) Long when Bull line crosses Total line from below 5) Short when Bear line crosses Total line from below 6) Long/Short when Bull/Bear lines cross adjustable level. Like and follow for more open source indicators! Happy Trading!
Pine Script™ indicator
by everget
13
5e_ BBMacdBollinger and macd, could life be any sweeter. use the moment the points curl in towards the outer bbands to gauge an entry or exit. example: 1. the trend is bullish and the points are sailing above the upper bollinger band, the points start to curl towards the bband = short 2. the trend is bearish the points are travelling below the bottom bband, the points start to move towards the bollinger band = long 3. the points are inside the bollinger band and are about to hit the mid bband, a curl away is rejection, a pass is successful using the color (red sell, green buy) coding and elliott wave you should be able to gauge the next move. try different coins on different timeframes and bare in mind the higher the tf the bigger the delay.
Pine Script™ indicator
by cooper_5e
1
SSABU Bitcoin Long Short Line ✅ an indicator requested by acquiantance This is an indicator that allows you to see Bitcoin chart with long and short at the same time. Green line is long. Red line represents short ✅ 지인 요청지표 비트차트와 함께 롱, 숏 차트를 볼 수 있는 지표 입니다. 초록색이 Long 빨간색이 Short. ※ 기존의 차트에 대비하여 롱, 숏 차트의 선행적인 움직임을 통해서 비트의 움직임을 예상 하는 보조지표
Pine Script™ indicator
by ssabu
241
Zentrading Trend FollowerOur Trend following indicator is designed to get you in every trend safely, but perhaps most importantly, keeps you out of bad trades. It performs well on all assets as it captures trending moves. It does not only provide you with buy or sell signals you have to react on quickly, rather, it shows you when a trade setup is active. In this way you can anticipate the break of the breakout level to enter the trade. A trailing stop loss is used to exit. It will work on all timeframes, but as lower timeframes add more noise to the market there will naturally be more losing trades than on higher timeframes. We recommend using it on anywhere from the weekly down to 1 or 2 HR -0.44% timeframes. It is very simple to use: The shaded areas on the chart indicate that a trade setup has been detected: Green for bullish setups, red for bearish setups. The blue dots are plotted as the breakout level, if the price breaks this level the trade is entered. (as you can see on the chart, they can sometimes move towards the price!) Red crosses are plotted as your trailing stop loss, if price breaks the stop loss the trade is closed. This is a subscription indicator, please pm for information on how to access. Happy trading!
Pine Script™ indicator
by DariusZen
2
Cyatophilum Margin Traders [INDICATOR] [ALERTSETUP]This is an overlay indicator that you can add on top of the other 4H TimeFrame Indicators. It will help you stay aware of the amount of open longs and shorts trades. Arrows represent change in shorts and longs. The arrows length is proportional to the change. Green arrows show up when a huge amount of longs are opened in the last 4H. You can change the precision of arrows in the parameters (see below). Red arrows show up when a huge amount of longs are closed in the last 4H. Blue arrows show up when a huge amount of shorts are closed in the last 4H. Orange arrows show up when a huge amount of shorts are opened in the last 4H. Purchase the indicator and get more information at blockchainfiesta.com
Pine Script™ indicator
by cyatophilum
EdgeAnalysisGroup: Yume Wave 2.0This is a upgraded version of the wave with modified parameters for a higher success rate. 3 New Lengths and 75 more lines of code added to the overall algorithm. Also included are 2 sublevel signals based on the Fib MA and pattern trading. The Wave: + The Yume is the Fast length + The Akume is the Slow length + The Miaku is a median weighted length + The Upper Limit is an overbought asset indication + The Lower Limit is an oversold asset indication + The Wave is the spread between Yume and Miaku Bullish Indications: + The Yume is above the Akume + The Yume is above the Miaku + The Yume is below the Lower Limit Bearish Indications: + The Yume is below the Akume + The Yume is below the Miaku + The Yume is above the Upper Limit Signal Strength Weights: + 50 = Yume Wave crossed a Limit Line + 100 = Yume Wave crossed a Limit Line + Close to a Fib Moving Average + 100 = Edge's Market Bottom/Top Algorithm is marked 'True' Setting up Signals (Based on a 100 Signal Height): + Set the "Bull Signal" to be at 50 or 100 + Set the "Bear Signal" to be at 50 or 100 + 50 is Agressive, 100 is Conservative. + Bull/Bear are separate so you can play conservative bull with aggressive bear.
Pine Script™ indicator
by TheKujiras
37
MasterScripts - Mambo5The sophisticated algorithm was designed to detect Ideal Long and Short entries across multiple time frame (5/15/30/45 Minutes charts). It uses different indicators all-in-one granting the user a quick and clean signal on when to buy or sell an asset an to maximize profits. It also come with Alerts so you can set up signals it to your email/mobile device or tradingbot. I offer a 24hs trial period so you can feel the power of this script. Life-Time Access costs 0.01BTC. BTC Address: 3LmGD4tBn8Y7KzfejJU4RRyxTa3EdUtyuV (Shoot DM after payment for access) If you have any question, please leave your comment below. Best trading scripts by MasterScripts
Pine Script™ indicator
by MasterScripts
2
Market Sniper V1 [Alerts]Market Sniper is a trend-based script born and created with leverage trading in mind. I created this to trade automatically with leverage using AutoView Chrome Extension on BitMex XBTUSD -0.04% . Features: • Trend-Based: use higher timeframe to check the trend of the coin, and a threshold to evaluate the trend strength. • Dual-Behavior: different settings are used when the trend is strong and when it is weak. With a strong trend it can catch big trades, with a stable trend it can act like a scalper with smaller and faster trades. • Smart Profit: you can set a percentage gain and a trail setting. The script will try to trail the price if the trend is strong, otherwise it will exit at the specified gain. • Loss Control: you can set a percentage stop-loss to cover bad entries. The market is unpredictable, no script is perfect, sooner or later it will take a bad choice. The chart shows the result for the full month of August using leverage 10. If you want to try it just contact me.
Pine Script™ indicator
by UnknownUnicorn1931306
2