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Pivot points and levels

Buy/Sell on the levelsThis script is generally My describe is: There are a lot of levels we would like to buy some crypto. When the price has crossed the level-line - we buy, but only if we have the permission in array(2) When we have bought the crypto - we lose the permission for buy for now(till we will sell it on the next higher level) When we sell some crypto(on the buying level + 1) we have the permission again. There also are 2 protect indicators. We can buy if these indicators both green only(super trend and PIVOT ) Jun 12 Release Notes: Hello there, Uncomment this section before use for real trade: if array.get(price_to_sellBue, i) >= open and array.get(price_to_sellBue, i) <= close// and //direction < 0 and permission_for_buy != 0 Here is my script. In general - this is incredible simple script to use and understand. First of all You can see this script working with only long orders, it means we going to get money if crypto grows only. Short orders we need to close the position on time. In this script we buy crypto and sell with step 1% upper. You can simply change the step by changing the price arrays. Please note, if You want to see where the levels of this script is You Have to copy the next my indicator called LEVEL 1% In general - if the price has across the price-level we buy some crypto and loose permission for buying for this level till we sell some crypto. There is ''count_of_orders" array field with value 2. When we bought some crypto the value turns to 0. 0 means not allowed to by on this level!!! The script buy if the bar is green only(last tick). The script check every level(those we can see in "price_to_sellBue" array). If the price across one of them - full script runs. After buying(if it possible) we check is there any crypto for sell on the level. We check all levels below actual level( of actual level - ''i'' than we check all levels from 0 to i-1). If there is any order that has value 0 in count of orders and index <= i-1 - we count it to var SELL amount and in the end of loop sell all of it. Pay attention - it sells only if price across the level with red bar AND HAS ORDERS TO SELL WHICH WAS BOUGHT BELOW!!! In Strategy tester it shows not-profitables orders sometimes, because if You have old Long position - it sells it first. First in - first out. If the price goes down for a long time and You sell after 5 buys You sell the first of it with the highest value. There is 2 protection from horrible buying in this strategy. The first one - Supertrend. If the supertrend is red - there is no permission for buy. The second one - something between PIVOT and supertrend but with switcher. If the price across last minimum - switcher is red - no permission for buy and the actual price becomes last minimum . The last maximum calculated for last 100 bars. When the price across last maximum - switcher is green, we can buy. The last minimum calculation for last 100 bars, last maximum is actual price. This two protections will save You from buying if price get crash down. Enjoy my script. Should You need the code or explanation, You have any ideas how to improve this crypt, contact me. Vladyslav. Jun 12 Release Notes: Here has been uncommented the protection for buy in case of price get down. 5 hours ago Release Notes: Changed rages up to actual price to make it work
Pine Script™ strategy
by Arivadis
2
Bjorgum Double Tap█   OVERVIEW Double Tap is a pattern recognition script aimed at detecting Double Tops and Double Bottoms. Double Tap can be applied to the broker emulator to observe historical results, run as a trading bot for live trade alerts in real time with entry signals, take profit, and stop orders, or to simply detect patterns. █   CONCEPTS How Is A Pattern Defined? Doubles are technical formations that are both reversal patterns and breakout patterns. These formations typically have a distinctive “M” or a “W” shape with price action breaking beyond the neckline formed by the center of the pattern. They can be recognized when a ​pivot fails to break when tested for a second time and the retracement that follows breaks beyond the key level opposite. This can trap entrants that were playing in the direction of the prior trend. Entries are made on the breakout with a target projected beyond the neckline equal to the height of the pattern. Pattern Recognition Patterns are recognized through the use of ​zig-zag; a method of filtering price action by connecting swing highs and lows in an alternating fashion to establish trend, ​support and resistance, or derive shapes from price action. The script looks for the highest or lowest point in a given number of bars and updates a list with the values as they form. If the levels are exceeded, the values are updated. If the direction changes and a new significant point is made, a new point is added to the list and the process starts again. Meanwhile, we scan the list of values looking for the distinctive shape to form as previously described. █   STRATEGY RESULTS Back Testing Historical back testing is the most common method to test a strategy due in part to the general ease of gathering quick results. The underlying theory is that any strategy that worked well in the past is likely to work well in the future, and conversely, any strategy that performed poorly in the past is likely to perform poorly in the future. It is easy to poke holes in this theory, however, as for one to accept it as gospel, one would have to assume that future results will match what has come to pass. The randomness of markets may see to it otherwise, so it is important to scrutinize results. Some commonly used methods are to compare to other markets or benchmarks, perform statistical analysis on the results over many iterations and on differing datasets, walk-forward testing, out-of-sample analysis, or a variety of other techniques. There are many ways to interpret the results, so it is important to do research and gain knowledge in the field prior to taking meaningful conclusions from them. 👉  In short, it would be naive to place trust in one good backtest and expect positive results to continue. For this reason, results have been omitted from this publication. Repainting Repainting is simply the difference in behaviour of a strategy in real time vs the results calculated on the historical dataset. The strategy, by default, will wait for confirmed signals and is thus designed to not repaint. Waiting for bar close for entires aligns results in the real time data feed to those calculated on historical bars, which contain far less data. By doing this we align the behaviour of the strategy on the 2 data types, which brings significance to the calculated results. To override this behaviour and introduce repainting one can select "Recalculate on every tick" from the properties tab. It is important to note that by doing this alerts may not align with results seen in the strategy tester when the chart is reloaded, and thus to do so is to forgo backtesting and restricts a strategy to forward testing only. 👉  It is possible to use this script as an indicator as opposed to a full strategy by disabling "Use Strategy" in the "Inputs" tab. Basic alerts for detection will be sent when patterns are detected as opposed to complex order syntax. For alerts mid-bar enable "Recalculate on every tick" , and for confirmed signals ensure it is disabled. █   EXIT ORDERS Limit and Stop Orders By default, the strategy will place a stop loss at the invalidation point of the pattern. This point is beyond the pattern high in the case of Double Tops, or beneath the pattern low in the case of Double Bottoms. The target or take profit point is an equal-legs measurement, or 100% of the pattern height in the direction of the pattern bias. Both the stop and the limit level can be adjusted from the user menu as a percentage of the pattern height. Trailing Stops Optional from the menu is the implementation of an ATR based trailing stop. The trailing stop is designed to begin when the target projection is reached. From there, the script looks back a user-defined number of bars for the highest or lowest point +/- the ATR value. For tighter stops the user can look back a lesser number of bars, or decrease the ATR multiple. When using either Alertatron or Trading Connector, each change in the trail value will trigger an alert to update the stop order on the exchange to reflect the new trail price. This reduces latency and slippage that can occur when relying on alerts only as real exchange orders fill faster and remain in place in the event of a disruption in communication between your strategy and the exchange, which ensures a higher level of safety. 👉  It is important to note that in the case the trailing stop is enabled, limit orders are excluded from the exit criteria. Rather, the point in time that the limit value is exceeded is the point that the trail begins. As such, this method will exit by stop loss only. █   ALERTS Five Built-in 3rd Party Destinations The following are five options for delivering alerts from Double Tap to live trade execution via third party ​API solutions or chat bots to share your trades on social media. These destinations can be selected from the input menu and alert syntax will automatically configure in alerts appropriately to manage trades. Custom JSON JSON, or JavaScript Object Notation, is a readable format for structuring data. It is used primarily to transmit data between a server and a web application. In regards to this script, this may be a custom intermediary web application designed to catch alerts and interface with an exchange ​API. The JSON message is a trade map for an application to read equipped with where its been, where its going, targets, stops, quantity; a full diagnostic of the current state and its previous state. A web application could be configured to follow the messages sent in this format and conduct trades in sync with alerts running on the TV server. Below is an example of a rendered JSON alert: { "passphrase": "1234", "time": "2022-05-01T17:50:05Z", "ticker": "ETHUSDTPERP", "plot": { "stop_price": 2600.15, "limit_price": 3100.45 }, "strategy": { "position_size": 0.1, "order_action": "buy", "market_position": "long", "market_position_size": 0, "prev_market_position": "flat", "prev_market_position_size": 0 } } Trading Connector Trading Connector is a third party fully autonomous Chrome extension designed to catch alert webhooks from TradingView and interface with MT4/MT5 to execute live trades from your machine. Alerts to Trading Connector are simple; just select the destination from the input drop down menu, set your ticker in the "TC Ticker" box in the "Alert Strings" section and enter your URL in the alert window when configuring your alert. Alertatron Alertatron is an automated algo platform for cryptocurrency trading that is designed to automate your trading strategies. Although the platform is currently restricted to crypto, it offers a versatile interface with high flexibility syntax for complex market orders and conditions. To direct alerts to Alertatron, select the platform from the 3rd party drop down, configure your ​API key in the ”Alertatron Key” box and add your URL in the alert message box when making alerts. 3 Commas 3 Commas is an easy and quick to use click-and-go third party crypto ​API solution. Alerts are simple without overly complex syntax. Messages are simply pasted into alerts and executed as alerts are triggered. There are 4 boxes at the bottom of the "Inputs" tab where the appropriate messages to be placed. These messages can be copied from 3 Commas after the bots are set up and pasted directly into the settings menu. Remember to select 3 Commas as a destination from the third party drop down and place the appropriate URL in the alert message window. Discord Some may wish to share their trades with their friends in a Discord chat via webhook chat bot. Messages are configured to notify of the pattern type with targets and stop values. A bot can be configured through the integration menu in a Discord chat to which you have appropriate access. Select Discord from the 3rd party drop down menu and place your chat bot URL in the alert message window when configuring alerts. 👉  For further information regarding alert setup, refer to the platform specific instructions given by the chosen third party provider. █   IMPORTANT NOTES Setting Alerts For alert messages to be properly delivered on order fills it is necessary to place the following placeholder in the alert message box when creating an alert. {{strategy.order.alert_message}} This placeholder will auto-populate the alert message with the appropriate syntax that is designated for the 3rd party selected in the user menu. Order Sizing and Commissions The values that are sent in alert messages are populated from live metrics calculated by the strategy. This means that the actual values in the "Properties" tab are used and must be set by the user. The initial capital, order size, commission, etc. are all used in the calculations, so it is important to set these prior to executing live trades. Be sure to set the commission to the values used by the exchange as well. 👉  It is important to understand that the calculations on the account size take place from the beginning of the price history of the strategy. This means that if historical results have inflated or depleted the account size from the beginning of trade history until now, the values sent in alerts will reflect the calculated size based on the inputs in the "Properties" tab. To start fresh, the user must set the date in the "Inputs" tab to the current date as to remove trades from the trade history. Failure to follow this instruction can result in an unexpected order size being sent in the alert. █   FOR PINECODERS  • With the recent introduction of matrices in Pine, the script utilizes a matrix to track ​pivot points with the bars they occurred on, while tracking if that ​pivot has been traded against to prevent duplicate detections after a trade is exited.  • Alert messages are populated with placeholders ; capability that previously was only possible in alertcondition() , but has recently been extended to `strategy.*()` functions for use in the `alert_message` argument. This allows delivery of live trade values to populate in strategy alert messages.  • New arguments have been added to strategy.exit() , which allow differentiated messages to be sent based on whether the exit occurred at the stop or the limit. The new arguments used in this script are `alert_profit` and `alert_loss` to send messages to Discord
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Pine Script™ strategy
by Bjorgum
73
DayTrader Multi-Strategy LevelsThe goal of this script is to provider Day Traders with key levels and multiple popular trading strategies right at market open . This includes 5 of the most popular key levels / scalping strategies: Custom Moving Averages (can be tweaked to length, source, and interval) Average Daily Range (based on Average Daily Zones using Low, Mid, and High Ranges) Opening Range Strategy (based on customizing Opening Range and Distances for Profit Taking) Pivot Points (default calculations for intra-day pivots with a custom bolded pivot for a longer timeframe ) Psych Level (customizable, default rounds to nearest whole Ten for up/low side) Prior Day level s (defaults for close + low) The best way to utilize this script is to go into the settings and show/hide the strategies you would like to use for day trading. By having all on (the default) you can spot confluence levels more easily where multiple levels all align. This can help identify key intra-day support or resistance zones. A recommended method for using this script is to base trades on delta targets; the distance (share price) between key levels. For example, if the distance from the mid-ADR to the ORL (opening range low) is 1.5, we can multiple the delta of an ATM contract by 1.5 to get our expect premium to take profit at. By default, the opening range is set to cover the first 30minutes of trading, but those settings can be tweaked to your preference. Example:
Pine Script™ indicator
by xlotusx91
1
AI SwingAI Swing is an indicator that spot overbought over oversold situation. This indicator is specialized for the forex market (but it can be used on the crypto market) Please choose the type of indicator you want to use and choose the chart time accordingly : AI Swing : use the daily chart AI Intraday : use the 1 hour chart AI Scalping : use the 15 minute chart AI Swing est un indicateur qui met en évidence les périodes de sur achat et de sur vente L'indicateur est spécialisé pour le forex (mais il peut être utilisé sur le marché crypto) Choisissez le type d'indicateur que vous voulez utiliser et choisissez le temps du graphique approprié : AI Swing : Utiliser le graphique en journalier AI Intraday : Utiliser le graphique en une heure AI Scalping : Utiliser le graphique en 15 minute
Pine Script™ indicator
by mentalRock19315
Volume Profile, Pivot Anchored by DGTVolume Profile (also known as Price by Volume ) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. Specified time period with Pivots Anchored Volume Profile is determined by the Pivot Levels, where the Pivot Points High Low indicator is used and presented with this Custom indicator Finally, Volume Weighted Colored Bars indicator is presneted with the study Different perspective of Volume Profile applications; Anchored to Session, Week, Month etc : Anchored-Volume-Profile Custom Range, Interactive : Volume-Profile-Custom-Range Fixed Range with Volume Indicator : Volume-Profile-Fixed-Range Combined with Support and Resistance Indicator : Price-Action-Support-Resistance and Volume-Profile Combined with Supply and Demand Zones, Interactive : Supply-Demand-and-Equilibrium-Zones Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Pine Script™ indicator
by dgtrd
219
󠀠Neo Matrix What is NeonMoney Indicator? NeonMoney Indicator is a trend following indicator which gives strong support and resistance indications with some moving averages. Description After the long research of 2 years along with 100’s of indicators & oscillators we have created this wonderful indicator which can avoid signals in a choppy market & gives perfect signal to buy and sell at a right time with high winning probability and higher reward to risk. Main part of this indicator is timeframe period that is it shifts from one to another pivots , vwap and MAs tf automatically which helps in top down analysis. This indicator is made with Vwap , MA, cpr and fibonacci pivots calculations. It can be useful to trade every market like in crypto, forex, commodities and as well as stock market . To use this indicator trader must have basic understanding of candle pattern and chart pattern identification studies with moving averages retrenchments. This indicator works well & gives better results if you have moving average retrenchment knowledge. When candles are retrenching specific moving average line then also sometimes traders get confuse whether to enter with moving average direction / favor or not. So, to come out from this confusion this indicator is very useful. Because it gives signal in moving average favors and target at pivot levels. So ultimately traders gain some confident on his/her trade that he/she is in the right side of the market. Another advantage of this indicator is in some of the criteria it gives fix signal in-between the candle formation & once signal is given then it will not change. About uses instruction and components. Time frame – 1m, 3m , 15m, 1H, 4H, DailyTF Components: Vwap , MAs, CPR , and Fibonacci Pivots . Dotted line - Vwap Straight gray line and zone - CPR Curvy Gray lines - MAs Colorful lines - Fibonacci pivots
Pine Script™ indicator
by NeonMoney
MarketCipher B Wavetrend DivergencesCreated for the MarketCipher Community and friends :) I have published this before but it was taken down by Tradingview and PineCoders because they wanted a more in depth description so here it is: This strategy is mainly based on Wavetrend Oscillator by LazyBear / blue momentum waves on MarketCipher B. The Wavetrend indicator is a combination of 2 oscillator lines that signals the short term direction of the price once the lines cross. The Wavetrend indicator is useful but only once a divergence has been identified based on the crosses and the price which is what this strategy partly uses to open trades. Here is a list and description of the different conditions that goes into the entries and exits. Long trade: 1) Bullish divergence, regular or hidden 2) Price is above Exponential Moving Average 3) Chande Momentum Oscillator value is above x Short trade: 1) Bearish divergence, regular or hidden 2) Price is below Exponential Moving Average 3) Chande Momentum Oscillator value is below x The Exponential Moving Average (EMA) is a type of moving average that is price based, lagging (or reactive) indicator that displays the average price of a security over a set period of time. The EMA is however different from a normal moving average and values the recent price action. A Moving Average is a good way to confirm trends which is what it is used for in this strategy. If enabled the strategy will only open long trades above the EMA and only short trades below the EMA. The Chande Momentum Oscillator is a technical momentum indicator and was designed specifically to track the movement and momentum of a security. The oscillator calculates the difference between the sum of both recent gains and recent losses, then dividing the result by the sum of all price movement over the same period. In this strategy it is used like the EMA to filter out bad trades that goes against the trend. The EMA is better at trading the overall trend but the Chande Momentum Oscillator is a lot better at identifying short term market conditions that are favorable for entering at divergences. One of the most important aspects when creating a trading strategy is to know when to take profit and to make it as dynamic as possible so that it changes to the market conditions. This is what i have tried to do and the reason why this divergence trading strategy works well. These are the 3 different exit conditions: 1) A dynamic take profit that will signal a short term trend reversal that is based on pivot points and moving averages. 2) Another dynamic take profit based on pivot points that like the previous take profit is used to determine and anticipate potential changes in market price and reversals. 3) A normal % fixed take profit Photo of what the dynamic take profit looks like on the chart: The pivot pointexit comes from this indicator that i have helped update and modify from the original script: When you have found the right settings you can insert the messages from your automatic trading platform at the bottom of the inputs and then create an alert with your unique webhook address along with the alert message below: {{strategy.order.alert_message}} I hope this strategy will be useful to automate part of your trading or help you identify and backtest divergences for your manual trading. Future updates to come. Enjoy!
Pine Script™ strategy
by christofferka
6
Monthly Returns: Daily timeframeUse This indicator on the daily timeframe The 30-day rolling returns can be used to gauge market strength and assess over/underheated price action. Values between 0% and -30% are typical negative returns during consolidation periods of relatively low volatility. Values below -50% often occur at cyclical bottoms, and may represent value buying areas. Values over 50% represent de-risking zones and are often met with profit-taking. Values over 70% are historically high and represent a high potential for a macro reversal. This indicator is also used to detect local top and local battom Coined By Permabull Niño
Pine Script™ indicator
by cryptoonchain
Multifib by Dan DormondThis multiple fibonacci allows you to calculate 2 fibonacci retracements at the same time, the one on the right uses the traditional method for an autofibonacci and the one on the left will use a higher point, so you can find areas of confluence where the price has a good possibility of reversing. Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used. The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points. How to use it: Only the important fib levels are marked, to find areas of confluence just look for the places where the lines from the left side fibonacci match with the lines from the right side fibonacci retracement. If you need the code you can message me.
Pine Script™ indicator
by dormond