MarketVision Screener█ OVERVIEW
• Screens 36 Assets at Once
• This Screener is Unique in that it turns my MarketVision series of Indicators Into a Complete Trading System
• To help you Automatically find Possible Turning Points in the Market the Following MarketVision Parameters are Displayed
o Linear Regression Direction and whether Price can be considered Over Bought / Sold according to the Linear Regression Channel (This works exceptionally well if used in confluence with manually drawn Fibonacci retracements)
o RSI value and Over / Very Over Bought / Sold condition
o Trend Meter – Shows Condition of the Trend Meter and its associated Trend / Money Flow Bar
o Wave Trend Crossing Condition taken from MarketVision B or Cipher B
o Wave Trend Divergences
o Super Trend Direction – Not a usual MarketVision parameter but it helps
• Furthermore you can choose where abouts on your chart you want the Screener displayed – this allows for multiple Screeners on one chart
█ HOW TO USE IT
• Look for Confluence between different parameters,
• For example Linear Regression Pointing Down and Price Over Bought according to both RSI and Linear Regression Channel, this is where you can look for maybe a Wave Trend cross down or a specific Candle Stick Pattern on you Chart with a Divergence
• Other confluences that work well are Trend Meter cross at the same time as a Wave Trend cross – Look for This Symbol "⯅ ⬱🡅⇶" or "⬱🡇⇶ ⯆"
• There are many possibilities the rest is up to you and your Trading Style / System
• Feel the Power
█ LIMITATIONS
• Can Not Set Alerts at This Stage – This is for a future Update or Script
• Slow Loading Time – As this is a rather long script Loading time is dependent on Internet Speed and your Computer Hardware
█ CREDITS
• Tradingview for the Pine Script Engine found under the hood of these amazing scripts
• QuantNomad and Others for their pioneering work making it possible to bring these sorts of advanced scripts to life
█ DISCLAIMER
• Not Financial Advice BUT
• Always use Proper Risk / Money Management – Never Risk more than you can Afford to Lose, Preferably not more than 1% - 2% of your Account
• Do Not FOMO or Revenge Trade
• Please remember that Past Performance may not be indicative of future results
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical Back Testing
Meter
Signals Pirate™ Trend MeterSignalsPirate™ Trend Meter gives a complete and all in one insight into the current price action trend and its underlying strength for any asset on any timeframe!
This tool utilise a multitude of tried and tested technical indicators to dynamically and accurately determine the current trend strength of a given asset. Depending on the level of trend strength, this indicator will collate all data to print 5 ‘Points’ with either a green or red colour. This point based system allows for simple and easy understanding of the current direction of price.
The ‘Points’ are each calculated independently to ensure versatile and dependable results. The calculation of each point being bullish or bearish is down to what criteria price action is currently fulfilling. If any of the criteria is in a ‘neutral’ zone and neither bullish (green) or bearish (red), the point will remain its previous colour until a trend change occurs. How the points are calculated:
- If price is above key moving averages on multiple time frames, 1 point is created green. If price is below key moving averages, the point will be red.
- If SOME key moving averages are currently in order to the upside (for example, 9ma is above the 21ma, which is below the 50ma etc), a green point is created – vice versa for a red point.
- If ALL key moving averages are currently in order to the upside (for example, 9ma is above the 21ma, which is above the 50ma etc), a green point is created – vice versa for a red point.
- If key momentum/strength indicators (RSI & Stoch) are bullish, a green point is created – vice versa for a red point.
- If price is above key levels of S/R (calculated through price action levels and pivot points), a green point is created – vice versa for a red point.
You can then set the amount of points needed for a signal to be generated, by default this is set to 5 so all trend identification criteria need to be bullish or bearish for a signal., but this could be set to 4 for example for faster signals. You can also decide whether to be alerted every time the conditions are met, or just when the bias flips entirely from bullish to bearish (green to red) and vice versa.
The default settings are the best settings we’ve found so far but you can change them to build your own unique trading strategy. We’d recommend experimenting with these values to find the best results for the asset you are trading, and your own personal trading style.
Direction for use:
1. Use on any asset class and time frame.
2. Adjust the ‘Trend Strength for Signal’ value.
3. Enter Long on Green ‘Bullish’ signal after candle close, enter Short on Red ‘Bearish’ signal after candle close.
4. Exit position on opposite entry signal, for example if you’re currently in a Long position and a Red ‘Bearish’ signal is printed, close your Long position at the candle close, even if you do not plan on shorting and vice versa.
As mentioned previously, this is a trend identification system that dynamically operates to function with superior accuracy regardless of what you’re trading. But with the level of customisation available, this can easily be fine tuned to accommodate scalping, reversal trading, or even long term investing.
We hope you love this package, and it takes your trading and investing to the next level. Please let us know if you have any questions or queries regarding the logic behind the bundle, or if you have any suggestions for improvements etc. We love your feedback and are constantly striving to continuously improve!
Volatility_meterThis script allows you to quickly estimate the maximum drawdown/growth level in percent on the history. The indicator is designed for TF=1D and is suitable for any instrument.
In the settings, you can select a resolution of 1 month or 1 week in size, the indicator will mark the interval you selected on the chart and calculate the maximum price change for this period.
The text value of the growth and fall extremes for the entire available period is also displayed.
This indicator will be especially useful for those who use grid trading to correctly assess risks and form a safe price corridor when placing purchase orders.
If you have any questions, you can write to me in private messages or in Telegram (see contacts in my signature).
--------------------------
Данный скрипт позволяет быстро оценить максимальный уровень просадки/роста в процентах на истории. Индикатор предназначен для ТФ=1Д и подходит для любого инструмента.
В настройках можно выбрать резолюцию размером в 1 месяц или в 1 неделю, индикатор разметит выбранный вами интервал на графике и расcчитает максимальное изменение цены за этот период.
Также отображается текстовое значение экстремумов роста и падения за весь доступный период.
Этот индикатор будет особенно полезен для тех, кто использует сеточную торговлю, чтобы правильно оценить риски и сформировать безопасный ценовой коридор при выставлении ордеров на покупки.
По любым вопросам Вы можете написать мне в личные сообщения или в Telegram (смотри контакты в моей подписи).
Normalized Oscillators Spider Chart [LuxAlgo]This indicator displays a spider chart overlaid on the user’s current chart allowing the visualization of information given by various normalized oscillators. It is possible to customize the spider chart by hiding certain oscillators from within the settings which removes their corresponding spokes from the chart.
Users can control the length settings of each oscillator individually or use a global length setting that applies to every oscillator. An additional meter element is displayed and aims to give the overall sentiment returned by the oscillators. This can also be used to gauge whether the market is trending or ranging.
This is a relatively simple application of a spider chart but can prove to be useful to some users.
1. Settings
RSI: Displays the Relative Strength Index spoke on the spider chart, includes the length setting on the right of the toggle.
%K: Displays the Stochastic Oscillator "%K" spoke on the spider chart, includes the length setting on the right of the toggle.
COR: Displays the Correlation Oscillator spoke on the spider chart, includes the length setting on the right of the toggle.
MFI: Displays the Money Flow Index oscillator spoke on the spider chart, includes the length setting on the right of the toggle.
WPR: Displays the Williams Percent Rank oscillator spoke on the spider chart, includes the length setting on the right of the toggle.
%UP: Displays the percentage of upward variations spoke on the spider chart, includes the length setting on the right of the toggle.
CMO: Displays the Chande Momentum Oscillator spoke on the spider chart, includes the length setting on the right of the toggle.
AOS: Displays the Aroon oscillator spoke on the spider chart, includes the length setting on the right of the toggle.
Global Oscillators Length: Determines whether all oscillators should use the same length settings, determined by the setting on the right of the toggle.
1.1 Style Settings
Spider Chart Length: Determines the horizontal width of the spider chart.
Spider Chart Offset: Offset between the most recent bar and the left extremity of the spider chart.
2. Usage
A spider chart can be a very useful visualization tool when it comes to seeing the individual characteristics of various variables at the same time.
Here, the tool can give a general sentiment on the direction of the trend without adding each indicator to your chart. It is also possible to determine when an oscillator is considered overbought or oversold with this indicator.
The dashed line represents the central value for each oscillator.
Disabling any of the oscillators from the settings will return a spider chart using fewer spokes.
The script also displays a meter that can be used to determine the overall sentiment given by all oscillators. This metric is based on the average value between each oscillator. An overall sentiment closer to 50 would indicate a ranging market.
Price/Volume Trend MeterAnother simple indicator from the sweet indicator series, This is a combination of the Volume and Price Trend Meter indicators combined (Links below) into one indicator called PVTM (Price Volume Trend Meter).
PVTM measures the strength of price and volume pressure on a histogram.
The indicator sums up all green candles price and volume and red candles price and volume over a specific period of bars and plots based on Price summed value. The result will look similar to Price Trend Meter with the benefit of trying to filter out more noise.
Use this indicator to identify the increasing asset of price and volume with the green candles (Close is higher than open) and decreasing of price and volume with the red candles (Close is lower than open).
======= Calculation ==========
Bright Green Color Column: Total summed up Price and Volume are higher than 0.
Bright Red Color Column: Total summed up Price and Volume are Lower than 0.
Weak Green Color Column: Conflict between Price and Volume (One positive and one negative) so we continue based on previous color .
Weak Red Color Column: Conflict between Price and Volume (One positive and one negative) so we continue based on previous color.
======= Price/Volume Trend Meter Colors =======
Green: Increasing buying pressure.
Weaker Green: Declining Buying pressure (Possible Sell Reversal).
Red: Increasing selling pressure.
Weaker Red: Declining Selling pressure (Possible Buy Reversal).
Other sweet indicators that this indicator is based on:
Volume Trend Meter:
Price Trend Meter:
Like if you Like and Follow me for upcoming indicators/strategies: www.tradingview.com
[TS] Trend MeterHOW IT WORKS
The meter consists of 5 Different Trend Indicators: Gann HILO Activator, ParabolicSAR, our custom TS Oscillator, our non-repainting/non-lagging Higher Timeframe Trend Indicator, plus our Market Sentiment Indicator
HOW TO USE
1. When the majority of the meters turn green, it is a sign the market is heading up.
2. When the majority of the meters turn red, it is a sign the market is going down.
- The user has the option to select how many meters must allign for a signal to show
- The indicator also has the ability to setup Alerts when the selected number of meters turn green or red. This feature is also signaled by the red or green vertical lines.
RSI chop filterThis demonstrates how you might filter your signals using RSI, but the same technique could be applied to Stochastic RSI and any other oscillator that has overbought and oversold conditions.
Use it as a visual indicator to determine when to enter a trade:
Red = Chop zone (no trade)
Bright red = Tight chop (dear god stay away)
Green = Overbought or oversold (signals permitted)
Bright green = Crossing up/down (take the trade)
To apply the filter, simply add 'and not chop' after your conditions as seen in the commented out example.
Trend MeterUse as a supplementary Indicator to confirm your entries, but it is as good on it's own.
When you first apply the indicator to your chart make sure you shrink it down It looks a lot better that way
The indicator consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend
As a bonus Possible Momentum Setup entries based on Stochastics are marked as well, these are very Powerful however please use with caution
How to Use
The more Trend meters are lit up the better
Look for Support or Resistance Levels for price to be attracted to
Find confluence with other indicators
Enter Long above the Setup Bar
Enter Short Below the Setup Bar
BOSS EMA Trend Meter PRO With Alerts BOSS PRO TRADING SYSTEM INDICATORS
Bullish Uptrend
To determine bullish uptrend there must beat least 2 green squares on all three trend meters. This is a great predictor that a uptrend is imminent. You can set alerts for top two meters being green as well as all 3 meters being green
Bearish Downtrend
To determine bearish downtrend there must beat least 2 red squares on all three trend meters. This is a great predictor that a downtrend is imminent. You can set alerts for top two meters being red as well as all 3 meters being red.
Purchase Here: bosscripts.com
[HLTTM] Hiubris Long-Term Trend MeterThis is a FREE script meant to be used as an auxiliary Indicator to confirm your entries, but it is as good on it's own.
HOW IT WORKS
The indicator consists of 3 different Trend meters, ranked from top to bottom, according to their Trend detection accuracy. The bottom Meter is using 3 different candle lengths in order to enhance it's displayed accuracy.
HOW TO USE
1. When the majority of all three meters turn green, it is a sign the market is heading up.
2. When the majority of all three meters turn red, it is a sign the market is going down.
- The indicator also has the ability to setup Alerts when all three meters turn green or red. This feature is also signaled by the red or green vertical lines.
- It has 2 Trend Length Settings, that you can adjust depending on your trading style
NOTES
We used the best combination of indicators so you can be sure that, no matter what ticker you're trading (Forex, Stocks or Crypto) - when you get a full green, or full red meter, the price is 100% trending in that direction!
- This indicator does NOT Repaint! In fact, none of my published indicators repaint!
BOSS EMA Trend MeterTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Bullish Uptrend
To determine bullish uptrend there must beat least 2 green squares on all three trend meters. This is a great predictor that a uptrend is imminent.
Bearish Downtrend
To determine bearish downtrend there must beat least 2 red squares on all three trend meters. This is a great predictor that a downtrend is imminent.
For best results use with Boss Bull/Bear Stochastic RSI
If you get a buy signal on Boss Bull/Bear Stochastic RSI and trend meter has a minimum of 2 green squares then this is a great buy/long entry.
If you get a sell signal on Boss Bull/Bear Stochastic RSI and trend meter has a minimum of 2 red squares then this is a great sell/short entry
Available at bosscripts.com
Website bosscripts.com
Double Stochastic DivergenceSame as my protected script but you can now see the code
This Study plots divergences and overlays a second %K as a fractal and changes the color of %D for the non fractal
Option to use Stochastic RSI for Fractal
Background Shading according to trend
Feel Free to change the indicator values to suit your style / system
The divergence script is thanks to @RicardoSantos, I've just adjusted it to suite my indicator
Remember that divergences work best when traded with the trend or very late in a trend when going against the trend
Common value for %K is 5, I have chosen 3 as it gives faster entries when using multiple time frames
If you are not using a momentum indicator as a trailing stop and using only cycle indicator
then I would recommended %K be 4 for exits
Double Stochastic DivergenceThis Study plots divergences and overlays a second %K as a fractal and changes the colour of %D for the non fractal
Feel Free to change the indicator values to suit your style / system
The divergence script is thanks to @RicardoSantos, I've just adjusted it to suite my indicator
Remember that divergences work best when traded with the trend or very late in a trend when going against the trend
Common value for %K is 5, I have chosen 3 as it gives faster entries when using multiple time frames
If you are not using a momentum indicator as a trailing stop and using only cycle indicator
then I would recommended %K be 4 for exits
