Stocastic Reference Dinoa technical analysis indicator named "Stocastic Reference Dino," which is a stochastic oscillator used to analyze market trends and potential price reversals.
Key Features:
Inputs:
K Period (lengthK): Defines the period for the %K line calculation (default 13).
D Period (lengthD): Defines the period for the %D line calculation (default 9).
Smoothing Period (smoothK): Smoothing period for the %K line (default 8).
Low Threshold (lowThreshold): Lower bound threshold for the oscillator (default 10).
High Threshold (highThreshold): Upper bound threshold for the oscillator (default 80).
%K Line Calculation:
Calculates the lowest low and highest high over the lengthK period.
Computes the %K value and smooths it using a simple moving average over smoothK periods.
%D Line Calculation:
Calculates the %D line as a simple moving average of the %K line over the lengthD period.
Plotting:
Plots the %K line in blue and the %D line in red on a new pane.
Adds horizontal lines to represent the low and high thresholds, colored green and red, respectively.
This indicator helps traders identify potential overbought and oversold conditions by analyzing the stochastic oscillator lines (%K and %D) relative to the defined thresholds.
Oscillators
Advanced RSI [CryptoSea]The Advanced RSI Duration (ARSI) is a unique tool crafted to deepen your market insights by focusing on the duration the Relative Strength Index (RSI) spends above or below key thresholds. This innovative approach is designed to help traders anticipate potential market reversals by observing sustained overbought and oversold conditions.
Core Feature
Duration Monitoring ARSI's standout feature is its ability to track how long the RSI remains in overbought (>70) or oversold (<30) conditions. By quantifying these durations, traders can gauge the strength of current market trends and the likelihood of reversals.
Enhanced Functionality
Multi-Timeframe Flexibility : Analyze the RSI duration from any selected timeframe on your current chart, offering a layered view of market dynamics.
Customizable Alerts : Receive notifications when the RSI maintains its position above or below set levels for an extended period, signaling sustained market pressure.
Visual Customization : Adjust the visual elements, including colors for overbought and oversold durations, to match your analytical style and preferences.
Label Management : Control the frequency of labels marking RSI threshold crossings, ensuring clarity and focus on significant market events.
Settings Overview
RSI Timeframe & Length : Tailor the RSI calculation to fit your analysis, choosing from various timeframes and period lengths.
Threshold Levels : Define what you consider overbought and oversold conditions with customizable upper and lower RSI levels.
Duration Alert Threshold : Set a specific bar count for how long the RSI should remain beyond these thresholds to trigger an alert.
Visualization Options : Choose distinct colors for durations above and below thresholds, and adjust label visibility to suit your charting approach.
Application & Strategy
Use ARSI to identify potential turning points in the market
Trend Exhaustion : Extended periods in overbought or oversold territories may indicate a strong trend but also warn of possible exhaustion and impending reversals.
Comparative Analysis : By evaluating the current duration against historical averages, traders can assess the relative strength of ongoing market conditions.
Strategic Entries/Exits : Utilize duration insights to refine entry and exit points, capitalizing on the predictive nature of prolonged RSI levels.
Alert Conditions
The Advanced RSI (ARSI) offers critical alert mechanisms to aid traders in identifying prolonged market conditions that could lead to actionable trading opportunities. These conditions are designed to alert traders when the RSI remains at extremes longer than typical durations, signaling sustained market behaviors.
Above Upper Level Alert: This alert is triggered when the RSI sustains above the upper threshold (usually 70) for more than the configured duration, indicating strong bullish momentum or potential overbought conditions.
Below Lower Level Alert: Similarly, this alert is activated when the RSI stays below the lower threshold (commonly 30) for an extended period, suggesting significant bearish momentum or potential oversold conditions.
These alerts enable traders to respond swiftly to extend market conditions, enhancing their strategy by providing timely insights into potential trend reversals or continuations.
The Advanced RSI Duration Analysis empowers traders with a nuanced understanding of market states, beyond mere RSI values. It highlights the significance of how long markets remain in extreme conditions, offering a predictive edge in anticipating reversals. Whether you're strategizing entries or preparing for shifts in market momentum, ARSI is your companion for informed trading decisions.
Net Buying/Selling Flows Toolkit [AlgoAlpha]🌟📊 Introducing the Net Buying/Selling Flows Toolkit by AlgoAlpha 📈🚀
🔍 Explore the intricate dynamics of market movements with the Net Buying/Selling Flows Toolkit designed for precision and effectiveness in visualizing money inflows and outflows and their impact on asset prices.
🔀 Multiple Display Modes : Choose from "Flow Comparison", "Net Flow", or "Sum of Flows" to view the data in the most relevant way for your analysis.
📏 Adjustable Unit Display : Easily manage the magnitude of the values displayed with options like "1 Billion", "1 Million", "1 Thousand", or "None".
🔧 Lookback Period Customization : Tailor the sum calculation window with a configurable lookback period, applicable in "Sum of Flows" mode.
📊 Deviation Thresholds : Set up lower and upper deviation thresholds to identify significant changes in flow data.
🔄 Reversal Signals and Deviation Bands : Enable signals for potential reversals and visualize deviation bands for comparative analysis.
🎨 Color-coded Visualization : Distinct colors for upward and downward movements make it easy to distinguish between buying and selling pressures.
🚀 Quick Guide to Using the Net Buying/Selling Flows Toolkit :
🔍 Add the Indicator : Add the indicator to you favorites. Customize the settings to fit your trading requirements.
👁️🗨️ Data Analysis : Compare the trend of Buying and Selling to help indicate whether bulls or bears are in control of the market. Utilize the different display modes to present the data in different form to suite your analysis style.
🔔 Set Alerts : Activate alerts for reversal conditions to keep abreast of significant market movements without having to monitor the charts constantly.
🌐 How It Works :
The toolkit processes volume data on a lower timeframe to distinguish between buying and selling pressures based on intra-bar price closing higher or lower than it opened. It aggregates these transactions and finds the net selling and buying that took place during that bar, offering a clearer view of market fundamentals. The indicator then plots this data visually with multiple modes including comparisons between buying/selling and the net flow of the asset. Deviation thresholds help in identifying significant changes, allowing traders to spot potential buying or selling opportunities based on the money flow dynamics. The "Sum of Flows" mode is unique from other trend following indicators as it does not determine trend based on price action, but rather based on the net buying/selling. Therefore in some cases the "Sum of Flows" mode can be a leading indicator showing bullish/bearish net flows even before the prices move significantly.
Embark on a more informed trading journey with this dynamic and insightful tool, tailor-made for those who demand precision and clarity in their trading strategies. 🌟📉📈
MA Cross HeatmapThe Moving Average Cross Heatmap Created by Technicator , visualizes the crossing distances between multiple moving averages using a heat map style color coding.
The main purpose of this visualization is to help identify potential trend changes or trading opportunities by looking at where the moving averages cross over each other.
Key Features:
Can plot up to 9 different moving average with their cross lengths you set
Uses a heat map to show crossing distances between the MAs
Adjustable settings like crossing length percentage, color scheme, color ceiling etc.
Overlay style separates the heat map from the price chart
This is a unique way to combine multiple MA analysis with a visual heat map representation on one indicator. The code allows you to fine-tune the parameters to suit your trading style and preferences. Worth checking out if you trade using multiple moving average crossovers as part of your strategy.
Oscillator Suite [KFB Quant]Oscillator Suite is a indicator designed to revolutionize your trading strategy. Developed by kikfraben, this innovative tool aggregates eleven powerful oscillators into one intuitive interface, providing you with a comprehensive view of market sentiment like never before.
Originality and Innovation:
Unlike traditional indicators that focus on single aspects of market analysis, Oscillator Suite stands out by integrating multiple oscillators, making it a pioneering solution in technical analysis. This unique approach empowers traders to gain deeper insights into market dynamics and make more informed trading decisions.
Functionality:
Oscillator Suite calculates signals for each selected oscillator based on its specific formula, offering a diverse range of market insights. Whether you're assessing trend strength, market momentum, or price movements, this indicator has you covered.
Aggregated Score:
The indicator combines signals from all chosen oscillators into an aggregated score, providing a holistic assessment of market sentiment. This aggregated score serves as a powerful tool for identifying trends and potential trading opportunities.
Customization and Ease of Use:
With customizable parameters such as colors, smoothing options, and oscillator settings, Oscillator Suite can be tailored to suit your unique trading style and preferences. Its user-friendly interface makes it easy to interpret and act upon the information presented.
How to Use:
Identify Trends: Analyze the aggregated score and individual oscillator signals to identify prevailing market trends.
Confirm Trade Signals: Use multiple oscillator alignments to strengthen the conviction behind trade signals.
Manage Risk: Gain insight into potential reversals or trend continuations to effectively manage risk.
This is not financial advice. Trading is risky & most traders lose money. Past performance does not guarantee future results. This indicator is for informational & educational purposes only.
Dual RSI Differential - Strategy [presentTrading]█ Introduction and How it is Different
The Dual RSI Differential Strategy introduces a nuanced approach to market analysis and trading decisions by utilizing two Relative Strength Index (RSI) indicators calculated over different time periods. Unlike traditional strategies that employ a single RSI and may signal premature or delayed entries, this method leverages the differential between a shorter and a longer RSI. This approach pinpoints more precise entry and exit points, providing a refined tool for traders to exploit market conditions effectively, particularly in overbought and oversold scenarios.
Most important: it is a good eductional code for swing trading.
For beginners, this Pine Script provides a complete function that includes crucial elements such as holding days and the option to configure take profit/stop loss settings:
- Hold Days: This feature ensures that trades are not exited too hastily, helping traders to ride out short-term market volatility. It's particularly valuable for swing trading where maintaining positions slightly longer can lead to capturing significant trends.
- TPSL Condition (None by default): This setting allows traders to focus solely on the strategy's robust entry and exit signals without being constrained by preset profit or loss limits. This flexibility is crucial for learning to adjust strategy settings based on personal risk tolerance and market observations.
BTCUSD 6h LS Performance
█ Strategy, How It Works: Detailed Explanation
🔶 RSI Calculation:
The RSI is a momentum oscillator that measures the speed and change of price movements. It is calculated using the formula:
RSI = 100 - (100 / (1 + RS))
Where RS (Relative Strength) = Average Gain of up periods / Average Loss of down periods.
🔶 Dual RSI Setup:
This strategy involves two RSI indicators:
RSI_Short (RSI_21): Calculated over a short period (21 days).
RSI_Long (RSI_42): Calculated over a longer period (42 days).
Differential Calculation:
The strategy focuses on the differential between these two RSIs:
RSI Differential = RSI_Long - RSI_Short
This differential helps to identify when the shorter-term sentiment diverges from longer-term trends, signaling potential trading opportunities.
BTCUSD Local picuture
🔶 Signal Triggers:
Entry Signal: A buy (long) signal is triggered when the RSI Differential exceeds -5, suggesting strengthening short-term momentum. Conversely, a sell (short) signal occurs when the RSI Differential falls below +5, indicating weakening short-term momentum.
Exit Signal: Trades are generally exited when the RSI Differential reverses past these thresholds, indicating a potential momentum shift.
█ Trade Direction
This strategy accommodates various trading preferences by allowing selections among long, short, or both directions, thus enabling traders to capitalize on diverse market movements and volatility.
█ Usage
The Dual RSI Differential Strategy is particularly suited for:
Traders who prefer a systematic approach to capture market trends.
Those who seek to minimize risks associated with rapid and unexpected market movements.
Traders who value strategies that can be finely tuned to different market conditions.
█ Default Settings
- Trading Direction: Both — allows capturing of upward and downward market movements.
- Short RSI Period: 21 days — balances sensitivity to market movements.
- Long RSI Period: 42 days — smoothens out longer-term fluctuations to provide a clearer market trend.
- RSI Difference Level: 5 — minimizes false signals by setting a moderate threshold for action.
Use Hold Days: True — introduces a temporal element to trading strategy, holding positions to potentially enhance outcomes.
- Hold Days: 5 — ensures that trades are not exited too hastily, helping to ride out short-term volatility.
- TPSL Condition: None — enables traders to focus solely on the strategy's entry and exit signals without preset profit or loss limits.
- Take Profit Percentage: 15% — aims for significant market moves to lock in profits.
- Stop Loss Percentage: 10% — safeguards against large losses, essential for long-term capital preservation.
Price Ratio Indicator [ChartPrime]The Price Ratio Indicator is a versatile tool designed to analyze the relationship between the price of an asset and its moving average. It helps traders identify overbought and oversold conditions in the market, as well as potential trend reversals.
◈ User Inputs:
MA Length: Specifies the length of the moving average used in the calculation.
MA Type Fast: Allows users to choose from various types of moving averages such as Exponential Moving Average (EMA), Simple Moving Average (SMA), Weighted Moving Average (WMA), Volume Weighted Moving Average (VWMA), Relative Moving Average (RMA), Double Exponential Moving Average (DEMA), Triple Exponential Moving Average (TEMA), Zero-Lag Exponential Moving Average (ZLEMA), and Hull Moving Average (HMA).
Upper Level and Lower Level: Define the threshold levels for identifying overbought and oversold conditions.
Signal Line Length: Determines the length of the signal line used for smoothing the indicator's values.
◈ Indicator Calculation:
The indicator calculates the ratio between the price of the asset and the selected moving average, subtracts 1 from the ratio, and then smooths the result using the chosen signal line length.
// 𝙄𝙉𝘿𝙄𝘾𝘼𝙏𝙊𝙍 𝘾𝘼𝙇𝘾𝙐𝙇𝘼𝙏𝙄𝙊𝙉𝙎
//@ Moving Average's Function
ma(src, ma_period, ma_type) =>
ma =
ma_type == 'EMA' ? ta.ema(src, ma_period) :
ma_type == 'SMA' ? ta.sma(src, ma_period) :
ma_type == 'WMA' ? ta.wma(src, ma_period) :
ma_type == 'VWMA' ? ta.vwma(src, ma_period) :
ma_type == 'RMA' ? ta.rma(src, ma_period) :
ma_type == 'DEMA' ? ta.ema(ta.ema(src, ma_period), ma_period) :
ma_type == 'TEMA' ? ta.ema(ta.ema(ta.ema(src, ma_period), ma_period), ma_period) :
ma_type == 'ZLEMA' ? ta.ema(src + src - src , ma_period) :
ma_type == 'HMA' ? ta.hma(src, ma_period)
: na
ma
//@ Smooth of Source
src = math.sum(source, 5)/5
//@ Ratio Price / MA's
p_ratio = src / ma(src, ma_period, ma_type) - 1
◈ Visualization:
The main plot displays the price ratio, with color gradients indicating the strength and direction of the ratio.
The bar color changes dynamically based on the ratio, providing a visual representation of market conditions.
Invisible Horizontal lines indicate the upper and lower threshold levels for overbought and oversold conditions.
A signal line, smoothed using the specified length, helps identify trends and potential reversal points.
High and low value regions are filled with color gradients, enhancing visualization of extreme price movements.
MA type HMA gives faster changes of the indicator (Each MA has its own specifics):
MA type TEMA:
◈ Additional Features:
A symbol displayed at the bottom right corner of the chart provides a quick visual reference to the current state of the indicator, with color intensity indicating the strength of the ratio.
Overall, the Price Ratio Indicator offers traders valuable insights into price dynamics and helps them make informed trading decisions based on the relationship between price and moving averages. Adjusting the input parameters allows for customization according to individual trading preferences and market conditions.
Normalised T3 Oscillator [BackQuant]Normalised T3 Oscillator
The Normalised T3 Oscillator is an technical indicator designed to provide traders with a refined measure of market momentum by normalizing the T3 Moving Average. This tool was developed to enhance trading decisions by smoothing price data and reducing market noise, allowing for clearer trend recognition and potential signal generation. Below is a detailed breakdown of the Normalised T3 Oscillator, its methodology, and its application in trading scenarios.
1. Conceptual Foundation and Definition of T3
The T3 Moving Average, originally proposed by Tim Tillson, is renowned for its smoothness and responsiveness, achieved through a combination of multiple Exponential Moving Averages and a volume factor. The Normalised T3 Oscillator extends this concept by normalizing these values to oscillate around a central zero line, which aids in highlighting overbought and oversold conditions.
2. Normalization Process
Normalization in this context refers to the adjustment of the T3 values to ensure that the oscillator provides a standard range of output. This is accomplished by calculating the lowest and highest values of the T3 over a user-defined period and scaling the output between -0.5 to +0.5. This process not only aids in standardizing the indicator across different securities and time frames but also enhances comparative analysis.
3. Integration of the Oscillator and Moving Average
A unique feature of the Normalised T3 Oscillator is the inclusion of a secondary smoothing mechanism via a moving average of the oscillator itself, selectable from various types such as SMA, EMA, and more. This moving average acts as a signal line, providing potential buy or sell triggers when the oscillator crosses this line, thus offering dual layers of analysis—momentum and trend confirmation.
4. Visualization and User Interaction
The indicator is designed with user interaction in mind, featuring customizable parameters such as the length of the T3, normalization period, and type of moving average used for signals. Additionally, the oscillator is plotted with a color-coded scheme that visually represents different strength levels of the market conditions, enhancing readability and quick decision-making.
5. Practical Applications and Strategy Integration
Traders can leverage the Normalised T3 Oscillator in various trading strategies, including trend following, counter-trend plays, and as a component of a broader trading system. It is particularly useful in identifying turning points in the market or confirming ongoing trends. The clear visualization and customizable nature of the oscillator facilitate its adaptation to different trading styles and market environments.
6. Advanced Features and Customization
Further enhancing its utility, the indicator includes options such as painting candles according to the trend, showing static levels for quick reference, and alerts for crossover and crossunder events, which can be integrated into automated trading systems. These features allow for a high degree of personalization, enabling traders to mold the tool according to their specific trading preferences and risk management requirements.
7. Theoretical Justification and Empirical Usage
The use of the T3 smoothing mechanism combined with normalization is theoretically sound, aiming to reduce lag and false signals often associated with traditional moving averages. The practical effectiveness of the Normalised T3 Oscillator should be validated through rigorous backtesting and adjustment of parameters to match historical market conditions and volatility.
8. Conclusion and Utility in Market Analysis
Overall, the Normalised T3 Oscillator by BackQuant stands as a sophisticated tool for market analysis, providing traders with a dynamic and adaptable approach to gauging market momentum. Its development is rooted in the understanding of technical nuances and the demand for a more stable, responsive, and customizable trading indicator.
Thus following all of the key points here are some sample backtests on the 1D Chart
Disclaimer: Backtests are based off past results, and are not indicative of the future.
INDEX:BTCUSD
INDEX:ETHUSD
BINANCE:SOLUSD
[blackcat] L1 Dynamic Momentum Indicator
**1. Overview**
" L1 Dynamic Momentum Indicator" is a custom TradingView indicator designed to analyze price momentum and market trends. It combines the calculation methods of Stoch (RSV) and Moving Average (SMA) to provide market overbought and oversold signals.
**2. Calculation Method**
- **RSV Value Calculation**: The RSV value is calculated using the relative relationship between the current price and the lowest and highest prices over the past 89 periods.
- **K Value Calculation**: The calculated RSV value is subjected to a 3-period Simple Moving Average (SMA) to obtain the K value.
- **D Value Calculation**: The K value is subjected to a 3-period Simple Moving Average (SMA) to obtain the D value.
- **Momentum Difference Calculation**: The difference between the 13-period Exponential Moving Average (EMA) and the 34-period EMA of closing prices is calculated, and then the moving average of this difference is calculated.
**3. Indicator Display**
- **K and D Lines**: The moving averages of the K value and D value are displayed on the chart, indicating a strong market condition when the K line is above the D line, and a weak market condition when the K line is below the D line.
- **Threshold Line**: A fixed threshold line of 50 is displayed to distinguish the overbought and oversold areas.
- **Green and Red Bars**: Green and red bars are drawn on the chart based on the relationship between the momentum difference and the average value, indicating the market trend.
**4. Usage Suggestions**
- When the market is in a strong condition, a potential reversal may occur in the overbought area after selling. When the market is in a weak condition, a potential bounce may occur in the oversold area after buying.
- Pay attention to the changes in market trends, with the appearance of green bars may indicate that the market is about to rise, and the appearance of red bars may indicate that the market is about to fall.
**5. Caution**
- The indicator is based on the provided code and may require adjustments based on market conditions.
- The accuracy of the indicator depends on the selection of calculation parameters and the reliability of market data.
RSI Momentum Waves [Quantigenics]RSI Momentum Waves Indicator
The RSI Momentum Waves Indicator is your intuitive tool for visualizing market strength and trend persistence. It refines the classic RSI by smoothing the data with Exponential Moving Averages (EMAs), which help clear out the noise to give you a more accurate picture of where the market’s heading. The parameters - RSI Period, Smoothing Period, Overbought, Oversold, Upper Neutral Zone, and Lower Neutral Zone - are all adjustable, so you can tailor the indicator to different market conditions or your trading style.
How It Works:
RSI Period (RsiPer): Adjusts how far back the RSI looks to calculate its value, affecting its sensitivity.
Smoothing Period (SmoothPer): Dictates how smooth the EMA lines are, balancing between sensitivity and noise reduction.
Overbought (OBLevel) / Oversold (OSLevel) Levels: Set the thresholds where the market might be too stretched in either direction and due for a reversal.
Neutral Zones (UpperNZ / LowerNZ): Define the areas where the market is considered neutral, and trend strength is less clear.
Trading Instructions:
Use the RSI Momentum Waves to gain insights into the market’s momentum and make informed decisions:
For Trend Identification: If the waves are consistently above the 50 line and climbing, the market may be bullish; if below and declining, bearish signals are suggested.
Overbought and Oversold Regions: Entering these areas might indicate a potential reversal. A peak and downturn in the overbought region can signal a sell, while a trough and upturn in the oversold region can indicate a buy.
Neutral Zone Caution: In the neutral zones, exercise caution and wait for a breakout in either direction for stronger signals.
Confirm with Other Analysis: Never rely solely on one indicator. Confirm the RSI Momentum Waves signals with other technical indicators or fundamental analysis for best practices.
Remember, the goal is to detect the rhythm of the market’s momentum and act accordingly. Happy trading!
Advanced MACD [CryptoSea]Advanced MACD (AMACD) enhances the traditional MACD indicator, integrating innovative features for traders aiming for deeper insights into market momentum and sentiment. It's crafted for those seeking to explore nuanced behaviors of the MACD histogram, thus offering a refined perspective on market dynamics.
Divergence moves can offer insight into continuation or potential reversals in structure, the example below is a clear continuation signal.
Key Features
Enhanced Histogram Analysis: Precisely tracks movements of the MACD histogram, identifying growth or decline periods, essential for understanding market momentum.
High/Low Markers: Marks the highest and lowest points of the histogram within a user-defined period, signaling potential shifts in the market.
Dynamic Averages Calculation: Computes average durations of histogram phases, providing a benchmark against historical performance.
Color-Coded Histogram: Dynamically adjusts the histogram's color intensity based on the current streak's duration relative to its average, offering a visual cue of momentum strength.
Customisable MACD Settings: Enables adjustments to MACD parameters, aligning with individual trading strategies.
Interactive Dashboard: Showcases an on-chart table with average durations for each phase, aiding swift decision-making.
Settings & Customisation
MACD Settings: Customise fast length, slow length, and signal smoothing to tailor the MACD calculations to your trading needs.
Reset Period: Determine the number of bars to identify the histogram's significant high and low points.
Histogram High/Lows: Option to display critical high and low levels of the histogram for easy referencing.
Candle Colours: Select between neutral or traditional candle colors to match your analytical preferences.
When in strong trends, you can use the average table to determine when to look to get into a position. This example we are in a strong downtrend, we then see the histogram growing above the average in these conditions which is where we should look to get into a shorting position.
Strategic Applications
The AMACD serves not just as an indicator but as a comprehensive analytical tool for spotting market trends, momentum shifts, and potential reversal points. It's particularly useful for traders to:
Spot Momentum Changes Utilise dynamic coloring and streak tracking to alert shifts in momentum, helping anticipate market movements.
Identify Market Extremes Use high and low markers to spot potential market turning points, aiding in risk management and decision-making.
Alert Conditions
Above Average Movement Alerts: Triggered when the duration of the MACD histogram's growth or decline is unusually long, these alerts signal sustained momentum:
Above Zero: Alerts for both growing and declining movements above zero, indicating either continued bullish trends or potential bearish reversals.
Below Zero: Alerts for growth and decline below zero, pointing to potential bullish reversals or confirmed bearish trends.
High/Low Break Alerts: Activated when the histogram reaches new highs or falls to new lows beyond the set thresholds, these alerts are crucial for identifying shifts in market dynamics:
Break Above Last High: Indicates a potential upward trend as the histogram surpasses recent highs.
Break Below Last Low: Warns of a possible downward trend as the histogram drops below recent lows.
These alert conditions enable traders to automate part of their market monitoring or potential to automate the signals to take action elsewhere.
Kalman Hull RSI [BackQuant]Kalman Hull RSI
At its core, this indicator uses a Kalman filter of price, put inside of a hull moving average function (replacing the weighted moving averages) and then using that as a price source for the the RSI, very similar to the Kalman Hull Supertrend just processing price for a different indicator.
This also allows it to make it more adaptive to price and also sensitive to recent price action. This indicator is also mainly built for trend-following systems
PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner.
1. What is a Kalman Filter
The Kalman Filter is an algorithm renowned for its efficiency in estimating the states of a linear dynamic system amidst noisy data. It excels in real-time data processing, making it indispensable in fields requiring precise and adaptive filtering, such as aerospace, robotics, and financial market analysis. By leveraging its predictive capabilities, traders can significantly enhance their market analysis, particularly in estimating price movements more accurately.
If you would like this on its own, with a more in-depth description please see our Kalman Price Filter.
OR our Kalman Hull Supertrend
2. Hull Moving Average (HMA) and Its Core Calculation
The Hull Moving Average (HMA) improves on traditional moving averages by combining the Weighted Moving Average's (WMA) smoothness and reduced lag. Its core calculation involves taking the WMA of the data set and doubling it, then subtracting the WMA of the full period, followed by applying another WMA on the result over the square root of the period's length. This methodology yields a smoother and more responsive moving average, particularly useful for identifying market trends more rapidly.
3. Combining Kalman Filter with HMA
The innovative combination of the Kalman Filter with the Hull Moving Average (KHMA) offers a unique approach to smoothing price data. By applying the Kalman Filter to the price source before its incorporation into the HMA formula, we enhance the adaptiveness and responsiveness of the moving average. This adaptive smoothing method reduces noise more effectively and adjusts more swiftly to price changes, providing traders with clearer signals for market entries or exits.
The calculation is like so:
KHMA(_src, _length) =>
f_kalman(2 * f_kalman(_src, _length / 2) - f_kalman(_src, _length), math.round(math.sqrt(_length)))
Use Case
The Kalman Hull RSI is particularly suited for traders who require a highly adaptive indicator that can respond to rapid market changes without the excessive noise associated with typical RSI calculations. It can be effectively used in markets with high volatility where traditional indicators might lag or produce misleading signals.
Application in a Trading System
The Kalman Hull RSI is versatile in application, suitable for:
Trend Identification: Quickly identify potential reversals or confirmations of existing trends.
Overbought/Oversold Conditions: Utilize the dynamic RSI thresholds to pinpoint potential entry and exit points, adapting to current market conditions.
Risk Management: Enhance trading strategies by integrating a more reliable measure of momentum, which can lead to improved stop-loss placements and exit strategies.
Core Calculations and Benefits
Dynamic State Estimation: By applying the Kalman Filter, the indicator continually adjusts its calculations based on incoming price data, providing a real-time, smoothed response to price movements.
Reduced Lag: The integration with HMA significantly reduces lag, offering quicker responses to price changes than traditional moving averages or RSI alone.
Increased Accuracy: The dual filtering effect minimizes the impact of price spikes and noise, leading to more accurate signaling for trades.
Thus following all of the key points here are some sample backtests on the 1D Chart
Disclaimer: Backtests are based off past results, and are not indicative of the future.
INDEX:BTCUSD
INDEX:ETHUSD
BINANCE:SOLUSD
Crypto Realized Profits/Losses Extremes [AlgoAlpha]🌟🚀 Introducing the Crypto Realized Profits/Losses Extremes Indicator by AlgoAlpha 🚀🌟
Unlock the potential of cryptocurrency markets with our cutting-edge On-Chain Pine Script™ indicator, designed to highlight extreme realized profit and loss zones! 🎯📈
Key Features:
✨ Realized Profits/Losses Calculation: Uses real-time data from the blockchain to monitor profit and loss realization events.
📊 Multi-Crypto Compatibility: The Indicator is compatible on other Crypto tickers besides Bitcoin.
⚙️ Customizable Sensitivity: Adjust the look-back period, normalization period, and deviation thresholds to tailor the indicator to your trading style.
🎨 Visual Enhancements: Choose from a variety of colors for up and down trends, and toggle extreme profit/loss overlay for easy viewing.
🔔 Integrated Alerts: Set up alerts for high and extreme profit or loss conditions, helping you stay ahead of significant market movements.
🔍 How to Use:
🛠 Add the Indicator: Add the indicator to favorites. Customize settings like period lengths and deviation thresholds according to your needs.
📊 Market Analysis: Monitor the main oscillator and the bands to understand current profit and loss extremes in the market. When the oscillator is at the upper band, this means that the market is doing really well and traders/investors will be likely to take profit and cause a reversal. The opposite is true when the oscillator reaches the lower band. The main oscillator can also be used for trend analysis.
🔔 Set Alerts: Configure alerts to notify you when the market enters a zone of high profit or loss, or during trend changes, enabling timely decisions without constant monitoring.
How It Works:
The indicator calculates a normalized area under the RSI curve applied on on-chain data regarding the number of wallets in profit. It employs a custom "src" variable that aggregates data from the blockchain about profit and loss addresses, adapting to intraday or longer timeframes as needed. The main oscillator plots this normalized area, while the upper and lower bands are plotted based on a deviation metric to identify extreme conditions. Colored fills between these bands visually denote these zones. For interaction, the indicator plots bubbles for extreme profits or losses and provides optional bar coloring to reflect the current market trend.
🚀💹 Enjoy a comprehensive, customizable, and visually engaging tool that helps you stay ahead in the fast-paced crypto market!
RSI w/Hann WindowingThis RSI by John Ehlers of "Yet Another" Improved RSI. Taking advantage of the Hann windowing. As seen on PRC and published by John Ehlers, it has a zero mean and appears smoother than the classic RSI. In his own words " I prefer oscillator-type indicators to have a zero mean. We can achieve this simply by multiplying the classic RSI by 2 so it swings from 0 to 2, and then subtract 1 from the product so the indicator swings from -1 to +1." Ehlers goes on to say " Bear in mind 14 may not be the best length to analysis. So, the best length to use for the RSIH indicator is on the order of the dominant cycle period of the data."
This indicator works well with both bullish and bearish divergences. It also works well with oversold and overbought indications. Shown by the Red zone on top (Overbought) and the green zone on the bottom(oversold). Each which have an adjustable buffer zone. You may need to adjust the length of the RSIH to suit your asset. There are also multiply signal line's to choose from. Also take note of when the RSIH crosses up or down on the signal line.
None of this is financial advice.
Dynamic Cycle Oscillator [Quantigenics]This script is designed to navigate through the ebbs and flows of financial markets. At its core, this script is a sophisticated yet user-friendly tool that helps you identify potential market turning points and trend continuations.
How It Works:
The script operates by plotting two distinct lines and a central histogram that collectively form a band structure: a center line and two outer boundaries, indicating overbought and oversold conditions. The lines are calculated based on a blend of exponential moving averages, which are then refined by a root mean square (RMS) over a specified number of bars to establish the cyclic envelope.
The input parameters:
Fast and Slow Periods:
These determine the sensitivity of the script. Shorter periods react quicker to price changes, while longer periods offer a smoother view.
RMS Length:
This parameter controls the range of the cyclic envelope, influencing the trigger levels for trading signals.
Using the Script:
On your chart, you’ll notice how the Dynamic Cycle Oscillator’s lines and histogram weave through the price action. Here’s how to interpret the movements.
Breakouts and Continuations:
Buy Signal: Consider a long position when the histogram crosses above the upper boundary. This suggests a possible strong bullish run.
Sell Signal: Consider a short position when the histogram crosses below the lower boundary. This suggests a possible strong bearish run.
Reversals:
Buy Signal: Consider a long position when the histogram crosses above the lower boundary. This suggests an oversold market turning bullish.
Sell Signal: Consider a short position when the histogram crosses below the upper boundary. This implies an overbought market turning bearish.
The script’s real-time analysis can serve as a robust addition to your trading strategy, offering clarity in choppy markets and an edge in trend-following systems.
Thanks! Hope you enjoy!
Support Resistance base Volume RSIThe indicator displays support and resistance levels based on volume and the Relative Strength Index (RSI).
Variable and Input Assignment:
lookback: Determines the period for data lookback.
RsiVisible, RsilabelSize, OversoldForRsi, OverboughtForRsi: Various inputs to adjust RSI indicator parameters.
Indicator Calculation:
highestVol: Finds the highest volume within a certain period.
Rsi: Calculates the RSI value with a period of 14.
roc: Calculates the Rate of Change.
Support and Resistance Level Determination:
Uses a comparison between price change (roc) and RSI value to determine whether the price is rising or falling.
If the price is rising and the current volume is greater than the previous highest volume, a new resistance level is established.
If the price is falling and the current volume is greater than the previous highest volume, a new support level is established.
Support and Resistance Lines:
Creates lines indicating the latest support and resistance levels.
These lines are updated whenever there is a change in support or resistance levels.
RSI Labels:
Displays the RSI value above or below the price chart depending on whether the RSI is above or below the overbought or oversold levels.
If the RSI value is above the overbought level, the label is displayed above the price.
If the RSI value is below the oversold level, the label is displayed below the price.
Labels are removed if the corresponding conditions are not met.
Additional RSI Label:
Adds an additional label displaying the RSI value next to the price chart on the last bar.
The main purpose of this script is to assist traders in identifying support and resistance levels based on price movement, volume, and the RSI indicator. Thus, traders can use this information to make better trading decisions.
Multi Timeframe RSI Buy Sell Strategy [TradeDots]The "Multi Timeframe RSI Buy/Sell Strategy" is a trading strategy that utilizes Relative Strength Index (RSI) indicators from multiple timeframes to provide buy and sell signals.
This strategy allows for extensive customization, supporting up to three distinct RSIs, each configurable with its own timeframe, length, and data source.
HOW DOES IT WORK
This strategy integrates up to three RSIs, each selectable from different timeframes and customizable in terms of length and source. Users have the flexibility to define the number of active RSIs. These selections visualize as plotted lines on the chart, enhancing interpretability.
Users can also manage the moving average of the selected RSI lines. When multiple RSIs are active, the moving average is calculated based on these active lines' average value.
The color intensity of the moving average line changes as it approaches predefined buying or selling thresholds, alerting users to potential signal generation.
A buy or sell signal is generated when all active RSI lines simultaneously cross their respective threshold lines. Concurrently, a label will appear on the chart to signify the order placement.
For those preferring not to display order information or activate the strategy, an "Enable backtest" option is provided in the settings for toggling activation.
APPLICATION
The strategy leverages multiple RSIs to detect extreme market conditions across various timeframes without the need for manual timeframe switching.
This feature is invaluable for identifying divergences across timeframes, such as detecting potential short-term reversals within broader trends, thereby aiding traders in making better trading decisions and potentially avoiding losses.
DEFAULT SETUP
Commission: 0.01%
Initial Capital: $10,000
Equity per Trade: 60%
RISK DISCLAIMER
Trading entails substantial risk, and most day traders incur losses. All content, tools, scripts, articles, and education provided by TradeDots serve purely informational and educational purposes. Past performances are not definitive predictors of future results.
TradeDots Stochastic Z-Score
Enhanced Predictive ModelThe "Enhanced Predictive Model" is a sophisticated TradingView indicator designed for traders looking for advanced predictive insights into market trends. This model leverages smoothed price data through an Exponential Moving Average (EMA) to ensure a more stable trend analysis and mitigate the effects of price volatility.
**Features of the Enhanced Predictive Model:**
- **Linear Regression Analysis**: Calculates a regression line over the smoothed price data to determine the prevailing market trend.
- **Predictive Trend Line**: Projects future market behavior by extending the current trend line based on the linear regression analysis.
- **EMA Smoothing**: Utilizes a dynamic smoothing mechanism to provide a clear view of the trend without the noise typically associated with raw price data.
- **Visual Trend Indicators**: Offers immediate visual cues through bar coloring, which changes based on the trend direction detected by the regression slope. Green indicates an uptrend, while red suggests a downtrend.
**Key Inputs:**
- **Regression Length**: Determines the number of bars used for the regression analysis, allowing customization based on the user's trading strategy.
- **EMA Length**: Sets the smoothing parameter for the EMA, balancing responsiveness and stability.
- **Future Bars Prediction**: Defines how many bars into the future the predictive line should extend, providing foresight into potential price movements.
- **Smoothing Length**: Adjusts the sensitivity of the trend detection, ideal for different market conditions.
This tool is ideal for traders focusing on medium to long-term trends and can be used across various markets, including forex, stocks, and cryptocurrencies. Whether you are a day trader or a long-term investor, the "Enhanced Predictive Model" offers valuable insights to help anticipate market moves and enhance your trading decisions.
**Usage Tips:**
- Best used in markets with moderate volatility for clearer trend identification.
- Combine with volume indicators or oscillators for a comprehensive trading strategy.
**Recommended for:**
- Trend Following
- Market Prediction
- Volatility Assessment
By employing this indicator, traders can not only follow the market trend but also anticipate changes, giving them a strategic edge in their trading activities.
Multiple Indicators Screener v2After taking the approval of Mr. QuantNomad
Multiple Indicators Screener by QuantNomad
New lists have been modified and added
Built-in indicators:
RSI (Relative Strength Index): Provides trading opportunities based on overbought or oversold market conditions.
MFI (Cash Flow Index): Measures the flow of cash into or from assets, which helps in identifying buying and selling areas.
Williams Percent Range (WPR): Measures how high or low the price has been in the last time period, giving signals of periods of saturation.
Supertrend: Used to determine market direction and potential entry and exit locations.
Volume Change Percentage: Provides an analysis of the volume change percentage, which helps in identifying demand and supply changes for assets.
How to use:
Users can choose which symbols they want to monitor and analyze using a variety of built-in indicators.
The indicator provides visual signals that help traders identify potential trading opportunities based on the selected settings.
RSI in purple = buy weak liquidity (safe entry).
MFI in yellow = Liquidity
WPR in blue = RSI, MFI and WPR in oversold areas for all.
Allows users to customize the display locations and appearance of the cursor to their personal preferences.
Disclaimer
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 backtesting.
This post and the script don’t provide any financial advice.
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فاحص لمؤشرات متعددة مع مخرجات جدول شاملة لتسهيل مراقبة الكثير من العملات تصل الى 99 في وقت واحد
بختصر الشرح
ظهور اللون البنفسجي يعني كمية الشراء ضعف السيولة .
ظهور اللون الازرق جميع المؤشرات وصلة الى مرحلة التشبع البيعي ( دخول آمن )
ظهور اللون الاصفر يعني السيولة ضعفين الشراء ( عكس اتجاه قريب ) == ركزو على هاللون خصوصا مع عملات الخفيفة
Slow Volume Strength Index (SVSI)The Slow Volume Strength Index (SVSI), introduced by Vitali Apirine in Stocks & Commodities (Volume 33, Chapter 6, Page 28-31), is a momentum oscillator inspired by the Relative Strength Index (RSI). It gauges buying and selling pressure by analyzing the disparity between average volume on up days and down days, relative to the underlying price trend. Positive volume signifies closes above the exponential moving average (EMA), while negative volume indicates closes below. Flat closes register zero volume. The SVSI then applies a smoothing technique to this data and transforms it into an oscillator with values ranging from 0 to 100.
Traders can leverage the SVSI in several ways:
1. Overbought/Oversold Levels: Standard thresholds of 80 and 20 define overbought and oversold zones, respectively.
2. Centerline Crossovers and Divergences: Signals can be generated by the indicator line crossing a midline or by divergences from price movements.
3. Confirmation for Slow RSI: The SVSI can be used to confirm signals generated by the Slow Relative Strength Index (SRSI), another oscillator developed by Apirine.
🔹 Algorithm
In the original article, the SVSI is calculated using the following formula:
SVSI = 100 - (100 / (1 + SVS))
where:
SVS = Average Positive Volume / Average Negative Volume
* Volume is considered positive when the closing price is higher than the six-day EMA.
* Volume is considered negative when the closing price is lower than the six-day EMA.
* Negative volume values are expressed as absolute values (positive).
* If the closing price equals the six-day EMA, volume is considered zero (no change).
* When calculating the average volume, the indicator utilizes Wilder's smoothing technique, as described in his book "New Concepts In Technical Trading Systems."
Note that this indicator, the formula has been simplified to be
SVSI = 100 * Average Positive Volume / (Average Positive Volume + Average Negative Volume)
This formula achieves the same result as the original article's proposal, but in a more concise way and without the need for special handling of division by zero
🔹 Parameters
The SVSI calculation offers configurable parameters that can be adjusted to suit individual trading styles and goals. While the default lookback periods are 6 for the EMA and 14 for volume smoothing, alternative values can be explored. Additionally, the standard overbought and oversold thresholds of 80 and 20 can be adapted to better align with the specific security being analyzed.
ATR Oscillator with DotsThe ATR Oscillator with Dots utilizes the Average True Range (ATR), a traditional measure that captures the extent of an asset's price movements within a given timeframe. Rather than depicting these values in a continuous line, the ATR Oscillator represents them as discrete dots, colored according to the price movement direction: green for upward movements when the current close is higher than the previous, and red for downward movements when the current close is lower.
In terms of functionality, the key feature of this oscillator is how it visualizes volatility through the spacing of the dots. During periods of high market volatility, the shifts between red and green dots tend to occur more frequently and with greater disparity in their positioning along the oscillator’s axis. This indicates sharp price changes and high trading activity. Conversely, periods of market consolidation are characterized by fewer color changes and a more clustered arrangement of dots, reflecting less price movement and lower volatility.
Traders can leverage the insights from the ATR Oscillator with Dots to better understand the market's behavior. For instance, a tight clustering of dots around the zero line suggests a consolidation phase, where the price is relatively stable and may be preparing for a breakout. On the other hand, widely spaced dots alternating between red and green signify strong price movements, offering opportunities for traders to capitalize on trends or prepare for potential reversals.
Imagine a scenario where a trader is monitoring a currency pair in a fluctuating forex market. An observed increase in the frequency and gap of alternating red and green dots would suggest a rise in volatility, possibly triggered by economic news or events. This could be an optimal time for the trader to seek entry or exit points, aligning their strategy with the increased activity. Conversely, a reduction in the frequency and gap of dot changes could signal an impending consolidation phase, prompting the trader to adopt a more cautious approach or explore range-bound trading strategies.
Therefore, the ATR Oscillator with Dots not only simplifies the interpretation of volatility and price momentum through visual cues but also enriches the trader’s strategy by highlighting periods of high activity and consolidation. This tool can be crucial for making informed decisions, particularly in fast-moving or uncertain market conditions, and can be effectively paired with other indicators to confirm trends and refine trading tactics.
Relative Strength Universal
Relative strength is a ratio between two assets, generally it is a stock and a market average (index). RS implementation details are explained here .
This script automatically decides benchmark index for RS calculation based on market cap input values and input benchmark indices values.
Relative strength calculation:
"To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular index over the same time period". This indicator value oscillates around zero. If the value is greater than zero, the investment has been relatively strong during the selected period; if the value is less than zero, the investment has been relatively weak.
In this script, You can input market cap values and all are editable fields. If company market cap value is grater than 75000(Default value) then stock value will be compared with Nifty index. If company market cap is between 75000 and 25000 then stock value will be compared with midcap 150 to calculate RS. If marketcap is greater than 5000 and less than 25000 then RS will be calculated based on smallcap250. If marketcap is less than 5000 and greater than 500 then it will be compared with NIFTY_MICROCAP250
Uptrick: RSI MA Buying/Selling signalsIndicator Purpose:
This indicator, titled "Uptrick: RSI MA Buying/Selling signals" or "UpRSIMA," aims to provide buying and selling signals based on the Moving Average (MA) of the Relative Strength Index (RSI).
It plots the RSI MA line and highlights whether the RSI MA value is above or below 50, indicating potential bullish or bearish signals, respectively.
RSI Calculation:
The script calculates the RSI using a user-defined length parameter (default is 14) and a specified source (typically the closing price).
It then computes the MA of the RSI using the Recursive Moving Average (RMA) function applied to the RSI values.
Color Representation:
The color of the RSI MA line is determined based on whether it's above or below the neutral level of 50.
If the RSI MA is above 50, indicating potential bullish signals, the color is set to green; otherwise, it's set to red for potential bearish signals.
Plotting:
The RSI MA line is plotted on the chart with the specified color based on its value relative to 50.
Additionally, a horizontal line is drawn at y = 50 to visually represent the neutral level.
Histogram bars are also added to visually represent the difference between the RSI MA and the neutral level, with green bars indicating bullish signals and red bars indicating bearish signals.
User Interface:
The indicator is designed to be used as an overlay on price charts, allowing traders to easily visualize potential buying and selling signals based on RSI MA crossovers and levels relative to 50.
Overall, the "Uptrick: RSI MA Buying/Selling signals" indicator offers traders insights into potential trend reversals or continuations based on the moving average of the Relative Strength Index, aiding them in making informed trading decisions.
