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London Open Range Breakout by KviateqThis script is what I currently use to day trade forex on a 5-minute timeframe. The script features Multi-timeframe EMA20 that uses timeframe multipliers and is smoother by the factor by which you're multiplying your current timeframe. Default settings are set to display EMA20 on the current (M5) timeframe, as well as M15, H1, H4 and D1 timeframes. The background color changes intensity based on how many conditions are met - are all EMAs in the right order, is the current close above/below all the EMAs. Featured is also a range set to 1 hour since the London breakout (can be changed to M15, or however long you'd like - my current setting is 30 minute). Also featured are levels that I find to be of most importance - such as Daily and Weekly Open, Previous Day's and Week's Highs. The idea is to only take trades when all stars align - EMAs, break above/below the Opening Range and not to long/short into an important level.
Pine Script™ indicator
by hundredtoamillion
6
Higher Timeframe Trend Indicator V3.0What is it? An indicator that depicts the trend of up to 5 higher timeframes on the same chart without needing to context-switch between charts. Features - Supports up to 5 timeframes - Trends indicated by 5 colored buttons: one for each timeframe - Varying shades of green: uptrend - Varying shades of red: downtrend - White/silver: sideways/neutral - Configurable length (time period) for each timeframe - Increase length to capture long term trends; decrease it to capture only short term ones - Configurable sensitivity for each timeframe - Sensitivity determines what angle is considered trending and what is not - Increase sensitivity to capture weak trends - Decrease sensitivity to filter out weak trends and capture only strong/steep ones - Sensitivity ranges from 1 (least sensitive) to 3 (most sensitive) - Move the labels around vertically for better visibility by changing the "Location" and "Offset" parameters How should one use it? Use it to quickly browse through charts to understand the context across timeframes, and zero in on only those that have trends aligning on the higher and lower timeframes as per your strategy. For e.g., a chart that is trending up strongly on the 15min and 60min (indicated by dark green colored buttons), and trending down on the 1 and/or 5 min (indicated by red-colored buttons), can be shortlisted for a potential pullback trade. Use your favorite pullback strategy (Supply/Demand, Support/Resistance, Moving Averages, etc.) to hop in on the trend. How are trends determined? The indicator uses normalized %change in price of the linear regression line segment of the chosen price sources (close, high, low, MA, etc.) over a specified length to determine trend direction and intensity Known Issues Will indicate the trend correctly only for timeframes *higher* than the current (visible) resolution/timeframe of the chart. Might not indicate it correctly for lower timeframes ( i.e., lower than the current (visible) resolution/timeframe of the chart). For this reason, all timeframes lower than the current resolution will be hidden in the present release. Future releases - I am still experimenting with various sensitivity levels and the corresponding trend shades to make the tool as accurate and intuitive as possible. These modifications might come in - Sensitivity levels might be increased. - Bug fixes, if any
Pine Script™ indicator
by the_MarketWhisperer
10
Efficient Support & Resistance LevelsThis script is a mixture of my two previous scripts "True Strong Classical Support/Resistance Levels" and "Hidden Supports & Resistances + Round Levels". This combination brings on better identification of the most efficient support/resistance levels. Note that "Hidden SnR Levels" part of the code is only expected to work on Forex charts, but apart from that, the other parts could be applied to any chart. The script may: - Draw classical support/resistance levels which retraced the price previously, aided by multi-timeframe analysis - Draw hidden support/resistance levels based on psychological patterns of the price - Adjust to wicks better than Pine Script built-in pivot functions - Differ the levels color based on chart reactions - Merge nearby classical levels to avoid congestion on the chart Feel free to use it and send me your thoughts.
Pine Script™ indicator
by informanerd
10
Hybrid Overbought/Oversold Detector + Put/Call SignalsThere are many indicators of overbought/oversold conditions out there. Some of more common ones are: - Bollinger Bands %B - Money Flow Index (MFI) - Relative Strength Index (RSI) - Stochastic This script uses a combination of these 4 oscillators to confirm overbought/oversold and filter the signals of market reverse which could be used for trading binary options. You may select which oscillators you want to apply and of course change the source, the length of the calculations and the overbought/oversold levels. Also the script will draw a combined graph which is the average of the selected oscillators in the options. Send me your ideas!
Pine Script™ indicator
by informanerd
39
Volume Multi Time FrameHi All, This script shows total volume info of Higher Time Frame. it checks open/close prices of higher time frame and sets the color. it also show a dynamic line on last volume , so you can see when HTF candle started and ended. by looking at the color of volume columns you can see HTF candle is green or red. it's something like weis wave volume that is using HTF candles. Higher time frame is set automatically, you can set it manually by choosing "User-defined" in the indicator options and choose higher time frame as you want Here some examples: Current time freame is 1min and htf is 1hour Current time freame is 1min and htf is 1day Enjoy!
Pine Script™ indicator
by LonesomeTheBlue
19
Combination Parabolic MA/IIR/ALMA Strategy, and other goodies Okay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria. It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some insight into the overall odds of a trade. They were, in fact, once used but fell out of favor. And all details for this strategy are within the comment header of the script. As this evolves, I most certainly wont keep any future findings and hope for profit from my peers (yinz). Also, I'd like to give a sincere thanks to the people of TV for what I learned in a few month's time and their flexible membership plans. Basically, I'm just a mad scientist, but this monster's a masterpiece and folks here before me made many indirect contributions to it. -------------------------- Okay guys, lastly and most importantly, Each smack of the like button is a vote of your confidence in me, to my beautiful landladies, Celeste and Adele, that my rent will be caught up and that it won't always be a problem. Which, in my mind, makes me a graph. And they've got strong hands and don't sell the low. I more than respect that. Seriously. And I'm very grateful for their willingness to work with me, but the thing is that I didn't ask first; life just happens. But few are tolerant of others. And quite importantly, I truly believe that I will be successful one day, and that "thumbs-up" button is your vote of confidence. If you're not sure, then don't hit it yet. Maybe my scripts will boost your confidence in me :) ------------------------- PS: And you know what? I'ma give a shout-out to Philakone for teaching me everything that I know about Elliot Wave . Absolutely. Two years ago, I would keep telling myself that one day I will put something in his gratuity wallet or pursue the paid courses. And, I still plan on it, because I'm grateful. And so also, to everybody else, I'm recommending him to learn from. because as a trader who might not know everything for free, you can certainly fill in the gaps with his altruistic offerings. And I'm betting that you will then feel more than inclined to buy the Udemy course. "If wave 2 retraces a lot; number 4 will not". Repetition. Philakone didn't fix my memory but he sure did find a workaround, haha Okay, everyone, Thanks!
Pine Script™ strategy
by SnorkelSteve
4
Combination Parabolic MA/IIR/ALMA Strategy, with other goodiesOkay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria. It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some insight into the overall odds of a trade. They were, in fact, once used but fell out of favor. And all details for this strategy are within the comment header of the script. As this evolves, I most certainly wont keep any future findings and hope for profit from my peers (yinz). Also, I'd like to give a sincere thanks to the people of TV for what I learned in a few month's time and their flexible membership plans. Basically, I'm just a mad scientist, but this monster's a masterpiece and folks here before me made many indirect contributions to it. -------------------------- Okay guys, lastly and most importantly, Each smack of the like button is a vote of your confidence in me, to my beautiful landladies, Celeste and Adele, that my rent will be caught up and that it won't always be a problem. Which, in my mind, makes me a graph. And they've got strong hands and don't sell the low. I more than respect that. Seriously. And I'm very grateful for their willingness to work with me, but the thing is that I didn't ask first; life just happens. But few are tolerant of others. And quite importantly, I truly believe that I will be successful one day, and that "thumbs-up" button is your vote of confidence. If you're not sure, then don't hit it yet. Maybe my scripts will boost your confidence in me :) ------------------------- PS: And you know what? I'ma give a shout-out to Philakone for teaching me everything that I know about Elliot Wave . Absolutely. Two years ago, I would keep telling myself that one day I will put something in his gratuity wallet or pursue the paid courses. And, I still plan on it, because I'm grateful. And so also, to everybody else, I'm recommending him to learn from. because as a trader who might not know everything for free, you can certainly fill in the gaps with his altruistic offerings. And I'm betting that you will then feel more than inclined to buy the Udemy course. "If wave 2 retraces a lot; number 4 will not". Repetition. Philakone didn't fix my memory but he sure did find a workaround, haha Okay, everyone, Thanks!
Pine Script™ strategy
by SnorkelSteve
4
MTF Shifting BBs + Reverse Engineering RSIs Overlay on ChartAnother multi-timeframe indicator presents 3 MTF (each) Bollinger Bands and 3 MTF (each) Reverse Engineering RSI and of course with shifting (left/right) capability. RERSI in a simple term is the RSI but on the main chart alongside with candles. There are many adjustable options like: - Show/Hide each BB - Show/Hide each MA - Non-integer BB deviation values - Positive/Negative shifting values - Show/Hide each RSI - Show/Hide each RSI Mid Level - Adjustable Overbought, Oversold and Mid Levels values I wrote this after my first script MTFSBB, because it's very useful to have BBs and RSIs together on a chart. Calculating RERSIs will take some time, so be patient with it and feel free to use it.
Pine Script™ indicator
by informanerd
5
3MA'S + KAMA Trend (20EMA,50MA,200MA + KAMA Trend)This indicator, combines the traditional FOREX moving averages (20EMA, 50ma, 200ma) into a single indicator with an adaptive moving average (AMA) taken from a user defined timeframe to show trend direction (by default, it plots the daily 10/2/34 KAMA overlayed on any timeframe chart. An AMA moves slowly when markets are sideways but swiftly during periods of volatility as a result it reacts much fast than traditional options for moving average trends. If the price is above the KAMA, trend is up. Below the KAMA, trend is down.
Pine Script™ indicator
by HegemonyFinance
1
Heikin-Ashi Source Function HTFHigher TimeFrame using custom source function for toggling traditional Candle sources or Heikin-Ashi sources on a traditional Candles chart. Thanks to PineCoders for rounding method: www.pinecoders.com Thanks to @LucF and @RicardoSantos for their advice and enlightenment as always. NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Pine Script™ indicator
by allanster
12
Rational MTF Auto - Fibonacci Retracement Levels Hello, this script automatically draws rational Support - Resistance Levels as multi time frame. (MTF) In this way, we see reasonable levels ahead of us. As of the date of birth: The first year after Lehmann Brother's fall was determined after January 1, 2009. One feature of this script (which I deliberately left this way) : If the security and support-resistance levels are equal, it will show you NA value and say wait. Because it is based on a weekly basis for region selection, I think that it should enter a region and support-resistance levels should be drawn accordingly. That's why I left it this way. NOTE : This script was inspired by the following publication : Regards.
Pine Script™ indicator
by Noldo
6
Multi Timeframe RSI - Low Time FrameThis is a follow on to my Multi-Timeframe RSI indicator . In that indicator, you could keep an eye on RSI values above your current time frame. This one allows you to look at RSI levels below your current timeframe. The idea behind this one is you may want to "buy the dip," so you can look for oversold conditions on lower time frames expecting a bounce to occur. There is one issue with this indicator is that it takes awhile to load. Seems to be pretty resource intensive, so I tend not do use it. It will get annoying if toggling fast between tickers due to the speed in which it loads.
Pine Script™ indicator
by millerrh
5
RSI Call-outs Multi-resolution [BigBitsIO]This is a simple multi-resolution (multi-timeframe) RSI indicator that overlays the current chart to show labels for specified oversold and overbought areas defined with inputs. Up to 4 different resolutions/timeframes for their respective RSI (1,2,3, or 4). RSI1 is always enabled and can not be disabled. Red labels with white text represent overbought RSI levels as defined by the user. All enabled RSI will have to qualify as overbought based on settings. Green labels with black test represent oversold RSI levels as defined by the user. All enabled RSI will have to qualify as oversold based on settings. This RSI overlay help easily call-out overbought and oversold candles on a chart where other RSI values on larger resolutions/timeframes are also oversold/overbought without sacrificing screen space for a traditional RSI indicator that is not overlayed on the chart. This indicator has alert conditions that will trigger when all enabled RSI indicators are either oversold or overbought respective to your settings. Note: The best results are to operate your chart as your smallest RSI resolution selected. Personally, I prefer to have my smallest (shortest timeframe) in RSI1, and go larger farther out to RSI4.
Pine Script™ indicator
by BigBitsIO
8