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Oscillators

Combo Backtest 123 Reversal & Money Flow Indicator This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Indicator plots Money Flow Indicator (Chaikin). This indicator looks to improve on Larry William's Accumulation Distribution formula that compared the closing price with the opening price. In the early 1970's, opening prices for stocks stopped being transmitted by the exchanges. This made it difficult to calculate Williams' formula. The Chaikin Oscillator uses the average price of the bar calculated as follows (High + Low) /2 instead of the Open. The indicator subtracts a 10 period exponential moving average of the AccumDist function from a 3 period exponential moving average of the AccumDist function. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
Combo Backtest 123 Reversal & Modified Price-Volume Trend This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The related article is copyrighted material from Stocks & Commodities. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
Combo Backtest 123 Reversal & MASS Index This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Mass Index was designed to identify trend reversals by measuring the narrowing and widening of the range between the high and low prices. As this range widens, the Mass Index increases; as the range narrows the Mass Index decreases. The Mass Index was developed by Donald Dorsey. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
2
Scalping using RSI 2 indicator with TSLThis strategy implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs ( EMA or SMA ) having different lengths (by default, I use 50 and 200). A trailing stop loss (%) is used. Entry conditions: .) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long .) Fast MA < Slow MA and Price < Slow MA and RSI > Overbought Threshold ------> go Short Exit conditions: .) Long entry condition is true and (close >= TP or close <= TSL ) ----> close short position .) Short entry condition is true and (close <= TP or close >= TSL ) ----> close long position The strategy performed best on Bitcoin and the most liquid and capitalized Altcoins but works excellent on volatile assets, mainly if they often go trending. Works best on 3h - 4h time frame. There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the study inputs. The purpose is not opening positions if the price goes sideways and the noise is way > than the signal. Note: .) the RSI length is 2; .) the oversold Threshold is 90%; .) the overbought Threshold is 10%; .) by default, the trailing stop loss per cent is 1%; .) by default, the fast MA length is 50; .) by default, the slow MA length is 200; .) by default, the MA used is EMA. Cheers.
Pine Script™ strategy
by Ninorigo
17
RSI Classic Strategy (by Coinrule)One of the questions hobbyist traders more often ask is: what is the perfect trading indicator? Every indicator is just a tool, so its efficiency is proportional to your ability to read its signals and translate them into an actionable trading strategy. The RSI is likely the most flexible and easy to use among the technical indicators. This trading strategy tries to catch short-term swings on the coins of your choice with a simple yet profitable setup. Buy when the RSI is lower than 30 (you can adjust it to 35 in times of steep uptrend). Sell when the RSI is greater than 65 (the target may range between 60 and 75 depending on the volatility of the coin). Note that the buy signal comes when the indicator crosses below 30 and not when it crosses above 30 as it happens on the built-in RSI strategy on Tradingview. The present script overperforms the built-in strategy, even adding trading fees and using a lower amount of capital for each trade (30%). That means that the system can deliver higher net-profits with lower risk levels. A typical example of market conditions where this strategy works perfectly is as follows. The first initial breakout indicates that a new leg up in the trend may start. Bitcoin starts to trade within a range which you can identify when it reaches the point 3. That is the perfect time to start the rule because - trading within a channel anticipates possible swings up and down - the trend is on the upside, providing low downside risk in buying the dips. This strategy works well with selected coins of your choice, and it's a great fit on leverage exchanges like Binance Futures. If you prefer to run it across all available coins on the market, instead, you may choose an optimized version.
Pine Script™ strategy
by Coinrule
6
Combo Backtest 123 Reversal & Martin Pring's Special K This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Pring's Special K is a cyclical indicator created by Martin Pring. His method combines short-term, intermediate and long-term velocity into one complete series. Useful tool for Long Term Investors Modified for any source. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
12
Buy and Hold entry finder StrategyHello everyone! I proudly present the backtest Strategy Script for my "Buy and Hold entry finder" Script. It basically shows you the outcome, if you would use my indicator in the past. The buy signals are limited to 1 order per month. Order Size: Allows you to choose, how much money you want to invest per month. (Please consider, it will only invest an x amount per Order, but it will not stack the amount you did not invest in an previous month ) (Example in my indicator) Pyramiding: Just regulates, how often you can open an position. Commission: Here you can set how much it will cost to open an position at your broker. I coded a feature that allows you to set a Start Date and an End Date for your backtest. In the end of the backtest the script closes all positions. If you got any question, feel free to ask in the comments or send me a message. Sincerely, RS Titan.
Pine Script™ strategy
by Embit0one
5
RSI-VWAP Indicator %█ OVERALL Simple and effective script that, as you already know, uses vwap as source of the rsi, and with good results as long as the market has no long-term downtrend. RsiVwap = rsi (vwap (close), Length) The default settings are for BTC in a 30 minute time frame. For other pairs and time frames you just have to play with the settings. █ FEATURES • The option to start trading from a certain date has been added. • To make the profit more progressive, a percentage of your equity is used for entries and a percentage of your position is used for closings. • The option to trade in Spot mode has been added, since, for the TradingView backtest, the money is infinite and if you do not limit it somehow, it would offer you much better profits than the live trading. QuantityOnLong = Spot ? (EquityPercent / 100) * ((strategy.equity / close) - strategy.position_size) : (EquityPercent / 100) * (strategy.equity / close) • The option to stop the system when the drawdown exceeds the fixed limit has been added. Drawdown, as you already know, is a very important measure of risk in trading systems. The maximum drawdown will tell us what the maximum loss of a trading system has been during a period. This maximum loss is determined by: strategy.risk.max_drawdown(Risk, strategy.percent_of_equity) • Leverage plotted on labels added. █ ALERTS To enjoy the benefits of automatic trading, TradingView alerts can be used as direct buy-sell orders on spot, or long-close orders with leverage. Currently there are Chrome extensions that act as a bridge between TradingView and your Exchange or Broker. This is an example of syntax for this type of extensions. Copy and paste a message like this into the alert window: {{strategy.order.action}} @ {{strategy.order.price}} | e = {{exchange}} a = account s = {{ticker}} b = {{strategy.order.action}} {{strategy.order.alert_message}} █ NOTE Certain Risks of Live Algorithmic Trading You Should Know: • Backtesting cannot assure actual results. • The relevant market might fail or behave unexpectedly. • Your broker may experience failures in its infrastructure, fail to execute your orders in a correct or timely fashion or reject your orders. • The system you use for generating trading orders, communicating those orders to your broker, and receiving queries and trading results from your broker may fail. • Time lag at various point in live trading might cause unexpected behavior. • The systems of third parties in addition to those of the provider from which we obtain various services, your broker, and the applicable securities market may fail or malfunction. █ THANKS Thanks to TradingView, its Pine code, its community and especially those Pine wizards who post their ideas that helps us to learn. If the world is heading toward a equitable new world economic order, let's get rich first ... Happy trading!
Pine Script™ strategy
by UnknownUnicorn2151907
34
Oscillator Evaluator (Analysis tool)Oscillator Evaluator (Analysis tool) The oscillator evaluator is a tool that will help you analyse and compare the oscillator of your choice to another 2 oscillators. By selecting the strategy with which you will analyze the oscillators, you will be able to see the behaviour of the oscillators in different aspects. First there is a moving average increase or decrease strategy, that will give you a good idea of the correlation of the oscillator with the price. The second is a commom 2 MA crossover strategy, that will give you and idea of the validaty of that oscillator as a strategy or as a trend filter. The third strategy is a cross over 0 signal, that will go long on a crossover of 0 and short on a crossunder 0. This helps you see how good is the oscillator at evaluating suport and resistance areas and give you an idea of its balance. The forth strategy is a Buy/Sell on extremes of the oscillator and will let you know how good is your strategy at spotting good places to buy and sell. The fith strategy is to evaluate how goood the oscillator is as a mean reversion filter or how good it is at spotting small price changes. The sixth strategy is similar to the last but is focused on how good is the oscillator spotting good places to take profits on trending strategies. The 6 strategies in the script produce signals from the oscillator and from the oscillator only. In conclusion this tool can be used to measure your oscillator and see if it really is as good as you think in comparison to others. This script is not intended to be used as a full strategy but as a tool.
Editors' picks
Pine Script™ strategy
by mks17
5
MA Divergences StrategyThis is the Strategy version of the Study I published. It is a Moving Average that can be applied to any plot to plot divergences on any oscillator, as well as perform backtesting. You'll need a REALLY good oscillator to perform live trades using this alone, but I think it is a valuable tool and had the Strategy hanging around and for some reason didn't upload it yet. So here it is. Turn Length to 1 to follow the oscillator without lag. Turn Length up if you are getting too many false signals or tweak the original oscillator settings.
Pine Script™ strategy
by burgercrisis
RSI of MACD Strategy [Long only]This strategy uses the RSI on MACD indicator. BUY ==== When RSI indicator crossing over 30 or 35 line and price above slow ema Note: when the position already taken, you may reenter on the purple candle Partial Exit ========== Partial profit taking option is available in settings. If this is selected , 1/3 position exited when RSI indicator crossing down 80 line Close ===== When RSI indicator crossing below 15 Stop Loss ========= I havent used hard stop loss in this strategy. Reason is , when price going down , indicator may go up ... so just wanted to ride along with indicator ... Stop loss mentioned in the settings is used in calculation of how many units can be be purchased based on risk level Tested with SPY and QQQ ETFs on hourly chart Warning ========= For the eductional purposes only ... This is not a financial advise. please do your own research before taking any trading decission
Pine Script™ strategy
by mohanee
6
Super Momentum StrategyThis is a strategy utilizing multiple of Evergets RMI (thanks to him for permission to publish) and a Chance Momentum. It buys when 4 of the RMIs are below their thresholds and sells when they are above. There is a 5th one I added last night that works in Reverse - buy when its above and sell when below, which should work better for pyramiding strats by using it at the right rate to set the overall trend. Very basic sample below, I could have set it up better as my example but just want to publish.
Pine Script™ strategy
by burgercrisis
7
Combo Backtest 123 Reversal & Market Facilitation Index This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Market Facilitation Index is an indicator that relates price range to volume and measures the efficency of price movement. Use the indicator to determine if the market is trending. If the Market Facilitation Index increased, then the market is facilitating trade and is more efficient, implying that the market is trending. If the Market Facilitation Index decreased, then the market is becoming less efficient, which may indicate a trading range is developing that may be a trend reversal. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
2
RMI + Triple HMRSI + Double EVWRSI + TERSI + CMO StrategyThis is a strange experimental strategy WIP that I decided to upload an early version to share some of what I am working on. Just one script of a few. It combines Chande Momentum with RMI and some weird ones I am experimenting with - Triple Hull MA RSI, Double Exponential + Volume Weighted RSI, Triple Exponential RSI. And to top it off, a final oscillator that combines the THMRSI with the RMI. The main intention here, currently, is to test the usefulness of each on different timeframes and values. Currently it is considered to buy when all are below their threshold and sell when all are above, with the chande momentum crossing its line as the final confirmation. For now there is no individual for each of the unique elements included. I am going to likely use this is a working house project to test other experimental indicators in the future. It may be some of these are better suited for long term but I do think they have valid uses in checking short and long term momentum at the very least. I copied the RMI from Everget.
Pine Script™ strategy
by burgercrisis
[DS]Entry_Exit_TRADE.V01-StrategyThe proposal of this script is to show the possible trading points of BUY and SELL based on the 15-minute chart of the Nasdaq Future Index. The start point of the strategy was schedule for 2021/01/01 and until the time of this publication (2021/01/31), for 1 index contract the results presented area a Gross Profit of 2.97% with a Net Profit of 1.35%. █ FEATURES The indicator shows on the graph the position of the MACD and TSI indicators that are the places of strength among Buyers and Sellers. It's possible to observe a sharp fall or rise in the price of these positions. On the current candle, a label is displayed containing the value of the William %R Mod indicator, which will display the OverBought position (dark red) and OverSold position (dark green). The other colors like light red and green are the regions where the price makes the decision of which direction to go. There are also other indicators: a) The positions of the BUY (light green) and SELL areas (light red); b) The label with the position of BUY (dark green) and SELL (dark red) with the line that connects these points; c) DEMA 72 (orange); d) EmaOchl4 in the color green for BULL and red for BEAR market; e) Pivots high and low f) Maximum (purple light) and minimum areas (blue light) █ FUNCTIONS AND SETTINGS The indicator uses the following functions: (1) DEMA - Double Exponential Moving Average (08,17,34, 72) (2) ema () - Exponential Moving Averge (72, ohlc4) (3) plot() (4) barcolor() (5) cross() (6) pivots () (7) William R% Md (OverBought = -7, OverSold=-93) (8) Maximum and Minimum Value (9) fill() (10) macd () - Moving Average Convergence Divergence (Fast Lengt=12, Slow Length=26, Source=close, Signal Smoothing=9) (11) tsi() - Trading Strenght Indicator==> Índice de Força Real ( IFR ) (Long Length=72, Short Length=17, Signal Length=17) (12) Buy and Sell TRADE Points █ PERFORMANCE AND ERRORS The positions of BUY and SELL points are defined through the crossing of the Dema 34 candles with the Ema Ohcl4. As it is an indicator, it can present different positions from de market direction. Thus there is a need to observe the direction of the market in order to verify whether the indicate decision is really acceptable. The decision to BUY or SELL an asset must be well studied to avoid financial losses. The indicator will only help you in this decision, is your responsibility the decision of entering or leaving an asset. █ THANKS TO PineCoders for all they do, all the tools and help they provide, and their involvement in making a better community. All the PineCoders, Pine Pros, and Pine Wizards, people who share their work and knowledge for the sake of it and helping others, I'm very happy and grate full indeed. █ NOTE If you have any suggestions for improving the script or need help using it, please send a message in the comments
Pine Script™ strategy
by DalmarSantos
20
scalping against trapped countertrendAbstract This script attempts to find the end of countertrend. This script uses oscillators to measure long term and short period trends. When the long term trend keeps positive and clear short term period is over, this script provides a buy signal. This script does not contain pullback, cut loss and re-enter. You need to add it manually. Introduction Many traders want to buy when long term trend is bullish and short term pullback is over. This is because we can take advantage to the emotion of countertrend traders. Countertrend traders realizes their profit is finite and therefore want to protect their profit well and limit their loss. This script is inspired by a searchable trading strategy video. The video mentioned 4 points. (1) long term trend. The video did not spend much ink on this point. You can use any method to observe. (2) clear pullback bar (at least 50% body) (3) weak bar after clear pullback (4) entry trigger buy stop This script attempts to quantize these points to determine trading direction. This script is originally designed for timeframes lower than examples in the video but you can apply it on any timeframe. Computing and Adjusting (1) long term trend This script uses smoothed stochastic. (2) clear pullback bar Since this script is originally designed for timeframes lower than examples in the video, so the condition becomes: RSI is low enough (3) weak bar after clear pullback RSI goes back from low level. (4) entry trigger buy stop This script does not include this condition. You can decide enter when buy stop or pullback. Parameters x_src : the value for computing oscillators x_len_a : how many bars for measuring short term trend x_len_b : how many bars for measuring long term trend x_k_b : smooth long term trend, the average value of stochastic values x_changk = check if clear short term pullback appears recently. 1 means do not use, larger numbers means how long of periods to check. x_rsi_ct : threshold of short term pullback clear x_rsi_ft : threshold of short term pullback end Reading numbers in Strategy Tester Most possible loss : (1) to find rational pullback. Generally 1/3 to 2/3 atr. (2) to find cut loss distance. Generally 1 to 2 atr. Most possible profit : to find if trading the opposite direction against this script is profitable. Conclusion This script can suggest us trading direction. Waiting for pullback can reduce risk, compared to buy stop. This script does not provide good signals in sideways markets. Reference A searchable trading strategy video
Pine Script™ strategy
by clocks156t174
7
Combo Backtest 123 Reversal & Line Regression Intercept This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Linear Regression Intercept is one of the indicators calculated by using the Linear Regression technique. Linear regression indicates the value of the Y (generally the price) when the value of X (the time series) is 0. Linear Regression Intercept is used along with the Linear Regression Slope to create the Linear Regression Line. The Linear Regression Intercept along with the Slope creates the Regression line. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
3