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Ribbon

RedK Ribbon v2: Tracking Trend Made EasyThis is an update for the previously published RedK_Ribbon v1 -- and it adds some (hopefully) useful improvements: 1 - the Zero-Lag line is color-coded, to provide an early visual alert that momentum is fading, and the trend direction may change soon 2 - better colors for the ribbon :) - for the visually-oriented folks like me :) 3 - i added two optional EMAs that can be utilized as filters for the longer sentiment - to help a trader take positions only in the direction of the prevailing trends. note that these 2 EMA lines will be hidden by default until selected in the settings - to avoid clutter . Set to 30 and 50 by default but these lengths can be changed as needed 4 - code is open and commented If you need to learn how we create the zero-lag moving average, pls refer to the "TA Basics" series - and if you need to learn more about how the Ribbon works, pls read the Ribbon v1 post hope this is useful in your trading - and good luck!
Pine Script™ indicator
by RedKTrader
38
Hash Ribbons Backtest - Bitcoin Beats YT Hello Hello Hello and welcome back to Bitcoin Beats! This is a script written by capriole_charles Go check out the original! I have added leverage and stoploss % but also made it a strategy so we can look back at past trades to see patterns and profit. Personally I feel this is not enough data to trade off as BTC is such a young asset. However I have seen other models similar to this for other assets that hold strong. Trade safe! Good bye from bitcoin beats! Not Meant For The 1H! My Bad! higher timeframes are better! The "Spring" is the confirmed Miner capitulation period: The 1st "gray" circle is the start of Capitulation (1 month Hash Rate crosses UNDER 2 month Hash Rate) Last "green" circle is the end of Capitulation (1 month Hash Rate crosses OVER 2 month Hash Rate) The "greener" the spring gets (up until blue) represents Hash Rate recovery (it is increasing) The "blue" circle is the first instance of positive momentum following recovery of Hash Rate (1m HR > 2m HR). This is historically a rewarding place to buy with limited downside.
Pine Script™ strategy
by Hamilton_Gilpin
6
Moving Average RibbonMoving Average Ribbon: ----------------------------------------------------------- A series of moving averages of different lengths to create a ribbon-like indicator. Traders can determine trend strength by the distance between the moving averages, the overall balance of the coloured lines and determine price points. Price movements through the ribbon can be used to identify trend changes. SMA, EMA, WMA with user defined length, starting plot, number of plots to show, theme choice and colour calculation toggle. Inputs: ----------------------------------------------------------- Source: input value for MAs (close) Type: moving average type (ema) Theme: multiple colours/themes (theme 2) Length: MA length (13) Start: MA plot number to start ribbon on (1) No. of MAs: number of plots to show; maximum 32 (32) Colour option: unchecked then line colour is based on the source value crossing current MA otherwise the moving average below (false) Example: ----------------------------------------------------------- multiple MAs overlaid with different values give interesting results e.g. Ribbon1 : length: 13 start: 1 Ribbon2: length:1 start: 26 Notes: ----------------------------------------------------------- if increasing the length beyond around 150 results in "references too many candles in history" error then reduce the no. of MAs value to show less MA plots; the longer length MAs will go beyond the 5k max candle history..
Pine Script™ indicator
by Violent
23
TRIX Ribbon [ChuckBanger]This is a TRIX indicator. You can read more about it here: www.investopedia.com The trix indicator is usually only trix and a signal line. This indicator has 5 signal lines. The TRIX line has the color blue. The first has the color aqua and then lime, orange, red and the last is the maroon line. The first signal line is an EMA of the TRIX line, the second signal line a double smoothed EMA of the trix line and the third is triple smoothed TRIX line and so on. Interpretation TRIX is similar to MACD. As both is a momentum indicators that fluctuate above and below the zero line. Both have signal lines based on some sort of moving average (usually EMA). In this indicator the trader can set what moving average the trader prefer. The biggest difference between TRIX and MACD is that TRIX is the smoother of the two and are less jagged and tend to turn a bit later. The most common signal is signal line crossover in the same manner as the MACD and its signal line. But this indicator has 5 signal lines. If this was a typical TRIX indicator it should only has the blue and aqua line (the line closest to the blue line). How you trade it is up to you. But for example you go long when the blue line crosses the aqua line. And because the all the is based on the TRIX line you can use the other crossovers as an confirmation signal.
Pine Script™ indicator
by ChuckBanger
2
Scripting Tutorial B - TManyMA - Commission/FeesThis script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually. - Crossovers are plotted on the chart with detailed information regarding the crossover (Ex: 50 SMA crossed over 200 SMA ) - Forecasting available for all three MAs. MA values are forecasted 5 values out and plotted as if a continuation to the MA. - Forecast bias also applies to all forecasting. Bias means we can forecast based on an anticipated bullish , bearish or neutral direction in the market. - To understand bias, please read the source code, or if you can't read the code just send me a message on here or Twitter . Twitter should be linked to my profile. - Ribbons added and on by default. Optional setting to disable the ribbons. 5 ribbons between MA1 and MA2 and another 5 between MA2 and MA3. - Ribbons are alpha-color coded based on their relation to their default MAs. - Ribbons are only visible between MAs if the MAs being compared share the same Type, Resolution, and Source because there is no way to consolidate those three in a simple manner. - Ribbon values are calculated based on calculated MA Periods between the MAs. - Converted the existing study into a strategy. - Strategy only enters long positions with a market order when MA crossovers occur. - Strategy exits positions when crossunders occur. - Trades 100% of the equity with one order/position by default. - Ability to disable trading certain crosses with input checks. - Ability to exit trades with a take profit or stop loss. - User input to allow quick changes to the take profit or stop loss percentages. - Strategy now calculates on every tick - Strategy also includes fixed commission values based on Coinbase standard order fees This script is meant as an educational script with well-formatted styling, and references for specific functions. *** PLEASE NOTE - THIS STRATEGY IS MEANT FOR LEARNING PURPOSES. DEPENDING ON IT'S CONFIGURATION IT MAY OR MAY NOT BE USEFUL FOR ACTUAL TRADING. THE STRATEGY IS NOT FINANCIAL ADVICE ***
Pine Script™ strategy
by BigBitsIO
Scripting Tutorial A - TManyMA - StopsThis script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually. - Crossovers are plotted on the chart with detailed information regarding the crossover (Ex: 50 SMA crossed over 200 SMA ) - Forecasting available for all three MAs. MA values are forecasted 5 values out and plotted as if a continuation to the MA. - Forecast bias also applies to all forecasting. Bias means we can forecast based on an anticipated bullish, bearish or neutral direction in the market. - To understand bias, please read the source code, or if you can't read the code just send me a message on here or Twitter. Twitter should be linked to my profile. - Ribbons added and on by default. Optional setting to disable the ribbons. 5 ribbons between MA1 and MA2 and another 5 between MA2 and MA3. - Ribbons are alpha-color coded based on their relation to their default MAs. - Ribbons are only visible between MAs if the MAs being compared share the same Type, Resolution, and Source because there is no way to consolidate those three in a simple manner. - Ribbon values are calculated based on calculated MA Periods between the MAs. - Converted the existing study into a strategy. - Strategy only enters long positions with a market order when MA crossovers occur. - Strategy exits positions when crossunders occur. - Trades 100% of the equity with one order/position by default. - Ability to disable trading certain crosses with input checks. - Ability to exit trades with a take profit or stop loss. - User input to allow quick changes to the take profit or stop loss percentages. This script is meant as an educational script with well-formatted styling, and references for specific functions. *** PLEASE NOTE - THIS STRATEGY IS MEANT FOR LEARNING PURPOSES. DEPENDING ON IT'S CONFIGURATION IT MAY OR MAY NOT BE USEFUL FOR ACTUAL TRADING. THE STRATEGY IS NOT FINANCIAL ADVICE ***
Pine Script™ strategy
by BigBitsIO
3
35EMA Cross BuyAndSell Strategy + RIBBON [d3nv3r]This strategy allow the user to move the EMA which control the Buy&Sell Strategy and show the EMA ribbon that can be found in the Template area. Buy showing the ribbon and letting the user to adjust the EMA signaling the B&S strat the user can create an elaborated strategy for buyPoint and sellPoint. The 35EMA Cross is choosen by default but I recommend to move it to find best Sell point and best Buy point as you would not react on the same EMA for a Buy signal and a Sell Signal.. It would be good to have buy signal on a EMA and the sell signal on another but that's for another Strategy to be shared. Let me know by commenting what you would like for the next one !
Pine Script™ strategy
by d3nv3r
1
Scripting Tutorial 9 - TManyMA Strategy - Long Market Order OnlyThis script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually - Crossovers are plotted on the chart with detailed information regarding the crossover (Ex: 50 SMA crossed over 200 SMA ) - Forecasting available for all three MAs. MA values are forecasted 5 values out and plotted as if a continuation to the MA. - Forecast bias also applies to all forecasting. Bias means we can forecast based on an anticipated bullish, bearish or neutral direction in the market. - To understand bias, please read the source code, or if you can't read the code just send me a message on here or Twitter. Twitter should be linked to my profile. - Ribbons added and on by default. Optional setting to disable the ribbons. 5 ribbons between MA1 and MA2 and another 5 between MA2 and MA3. - Ribbons are alpha-color coded based on their relation to their default MAs. - Ribbons are only visible between MAs if the MAs being compared share the same Type, Resolution, and Source because there is no way to consolidate those three in a simple manner. - Ribbon values are calculated based on calculated MA Periods between the MAs. - Converted the existing study into a strategy - Strategy only enters long positions with a market order when MA crossovers occur - Strategy exits positions when crossunders occur - Trades 100% of the equity with one order/position by default - Ability to disable trading certain crosses with input checks This script is meant as an educational script with well-formatted styling, and references for specific functions. *** PLEASE NOTE - THIS STRATEGY IS MEANT FOR LEARNING PURPOSES. DEPENDING ON IT'S CONFIGURATION IT MAY OR MAY NOT BE USEFUL FOR ACTUAL TRADING. THE STRATEGY IS NOT FINANCIAL ADVICE ***
Pine Script™ strategy
by BigBitsIO
Scripting Tutorial 8 - Triple Many Moving Averages RibbonsThis script is for a triple moving average indicator where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually - Crossovers are plotted on the chart with detailed information regarding the crossover (Ex: 50 SMA crossed over 200 SMA ) - Forecasting available for all three MAs. MA values are forecasted 5 values out and plotted as if a continuation to the MA. - Forecast bias also applies to all forecasting. Bias means we can forecast based on an anticipated bullish, bearish or neutral direction in the market. - To understand bias, please read the source code, or if you can't read the code just send me a message on here or Twitter. Twitter should be linked to my profile. - Ribbons added and on by default. Optional setting to disable the ribbons. 5 ribbons between MA1 and MA2 and another 5 between MA2 and MA3. - Ribbons are alpha-color coded based on their relation to their default MAs. - Ribbons are only visible between MAs if the MAs being compared share the same Type, Resolution, and Source because there is no way to consolidate those three in a simple manner. - Ribbon values are calculated based on calculated MA Periods between the MAs. This script is meant as an educational script with well-formatted styling, and references for specific functions.
Pine Script™ indicator
by BigBitsIO
Multi MA Ribbon +Draws an MA Ribbon that highlights major MA's and for easier visibility separates them into different groups including Custom MA's, Baseline MA's, T Line MA's, Short Term MA's and Long Term MA's. Choose between 11 different types of MA's thanks to JustUncleL and John F. Ehlers super smoother. The + is for various signals and alerts derived from Market Cipher / Wave Trend indicators and TCG etc. Happy Trading and remember just follow the flow of the river!
Pine Script™ indicator
by Lij_MC
11