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Sentiment Studies

Phantom Trader -- BTC -- OnlyPhantom Trader is a "counter-trend" strategy built to take advantage of non-linear trading ranges and heavy chop zones. Phantom Script is forward-thinking, and will project the next possible reversal zone (PRZ) well head of the move. This script can be utilized for : Hedging Swing trading Scalping --------------------------------------------------------------------------------- Most reliable time frames are the 60-30-and 15 Green line indicates hidden support levels Purple line Hidden resistance levels. When price comes in contact with our PRZ "Potential Reversal Zone" It is wise to take up a hedge position. BITMEX:XBTUSD" BITMEX:XBT BITSTAMP:BTCUSD BITSTAMP:BTCEUR COINBASE:BTCUSD COINBASE:BTCUSDC COINBASE:BTCEUR COINBASE:BTCGB BITFINEX:BTCUSD BITFINEX:BTCEUR BITFINEX:BTCGBP BINANCE:BTCUSD BINANCE:BTCUSDC BINANCE:BTCUSDT BINANCE:BTCUSDC BYBIT:BTCUSD GEMINI:BTCUSD KRKN:XBTUSD ----------------Impulse Rejection---------------------- Bullish Impulse WEAK SELL SIGNAL: If Price is closing above Purple Phantom PRZ during bullish impulse, then likely a bullish impulse continuation is to take place. STRONG SELL SIGNAL: If Price is failing to close above Purple Phantom PRZ Line after a bullish impulse, then look to hedge the short, or to take up a short position. Bearish Impulse: WEAK BUY SIGNAL: If Price is closing below Green Phantom PRZ line, after a bearish impulse, then maintain short position. STRONG BUY SIGNAL: Once Price starts closing above Green Phantom PRZ line, look to hedge a long against a short, take profit the short, or net long the asset. ------------------------------------------------------------------- Signal Invalidation Close and continuation above Purple PRZ would invalidate short signal Close and continuation below Green PRZ would invalidate the long signal If the same above PRZ is rung once again, then that was likely a stop hunt. Another close above, and signal should be retaken. ----------------------------------------------------------------------- Midline Signals Rejection at Midlines, during a bullish impulse, is bearish: -Entering a short position or profit-taking current long is advised. -A net-long trader not wanting to profit take their long can hedge an equal-sized short there. Rejection at Midlines, during a bearish impulse, could signal trend change: -A net-short trader should hedge a long position against their short. -A net-long trader can add to their long on the second or third bounce Continued rejection at midline, one should take up a net position in the direction of which the chart is rejecting. ----------------------------------------------------------------------- For Test Access Please use the following GOOGLE form: forms.gle For monthly licensing: https://coin-observatory.chargifypay.com... $75/month licensing fee To obtain a lifetime license And For SCRIPT SUPPORT please join our discord: discord.gg For ALL ASSET Classes
Pine Script® indicator
by CoinObservatory
8
Power Trader Study The Power Trader is an indicator based around the Balance of Power Oscillator. Balance of Power is a price-based measurement that evaluates and compares the strength of buyers and sellers by assessing their respective abilities to push prices to extreme points(both extreme highs and extreme lows). BoP values fluctuate between a maximum value of 100 and a minimum value of -100. When the BoP value is greater than 0, it indicates that buying pressure is greater than selling pressure. Conversely, negative BoP readings mean that selling pressure is greater than buying pressure. The exponential moving average of Balance of Power values is displayed as a gray line on the chart. The upper red line represents the upper bound at which a security is considered overbought. The lower green line represents the threshold where we start to consider a security to be in an oversold state. When the gray BoP EMA line crosses below the lower green line, it changes color to green then changes back to gray once it crosses back above that lower threshold. Similarly, the line turns red when it crosses above the upper red line. When the EMA line is between the upper and lower bounds, it signifies that there is no significant difference between the power of buyers versus the power of sellers. The top red area indicates that the amount of buying pressure is relatively high. The lower green area means that selling pressure is abnormally high. When the BoP line falls between the red and green areas, do not take action. When the BoP line turns green and is inside the green area, enter a long position. When the BoP line rises above the red line and into the upper red area, exit the long position. Entry signals are displayed as vertical green lines that extend the length of the chart. Exit signals are represented by the same lines, except in red. Users can decide the order of signals in the input option menu through the ‘allow repeat signals’ parameter. If this is set to false, the study will generate signals in the logical chronologic order of . If it is set to true, then signals will be generated as they come, regardless of whether the last signal was its inverse. This means that it could generate sequences like this for example . Additionally, the stop and limit can also be set in the input menu through the ‘stop’ and ‘limit’ options. This input option accepts parameters of type float (ie: numbers that contain decimals). The 'Upper Bound for BoP Values' and 'Lower Bound for BoP Values' input options gives traders the option to adjust the upper and lower thresholds for buy and sell signals. It is important to note that setting the upper bound higher or the lower bound lower will result in less frequent signals (and vice versa). When it is time to enter a long position, an alert with the following message is sent “Power Trader - High Sell Pressure, Enter Long”. When it is time to exit a long position, an alert with the following message is sent “Power Trader - High Buy Pressure, Exit Long”. The Power Trader, along with all of our other invite-only scripts, can be found on our website: profitprogrammers.com
Pine Script® indicator
by ProfitProgrammers
3
Chop and explodeThe purpose of this script is to decipher chop zones from runs/movement/explosion The chop is RSI movement between 40 and 60 tight chop is RSI movement between 45 and 55. There should be an explosion after RSI breaks through 60 (long) or 40 (short). Tight chop bars are colored black, a series of black bars is tight consolidation and should explode imminently. The longer the chop the longer the explosion will go for. tighter the better. Loose chop (whip saw/yellow bars) will range between 40 and 60. the move begins with blue bars for long and purple bars for short. Couple it with your trading system to help stay out of chop and enter when there is movement. Use with "Simple Trender." Best of luck in all you do. Get money.
Pine Script® indicator
by NYBKLYN
58
Librehash Balance of Power RSIThis indicator is known as the ‘Zero_n0ncense Balance of Power RSI Extremes’ and it is one of the more effective indicators that I have ever used (in terms of its predictive power). The creation of this indicator relies on a few different principles. Principle #1 At a base level, the Balance of Power indicator was used. This indicator is typically utilized in order to gauge underlying price sentiment. However, it does so in a way that is much more sensitive to future price movements than regular RSI is and the way that it tracks price movements makes it much more ‘predictive’ in nature than the RSI as well. However, the main problem with the Balance of Power is that the regular indicator is fairly unreadable. Below is an example of what the indicator looks like in live time: As you can see above, the usefulness of this indicator is diluted significantly by the difficulty in interpreting the signals that the indicator produces. Normally it oscillates between the values of 0 and 1, with 1 representing an extreme in buying power and 0 representing an extreme in selling power. But, this is of no use in the way its presented because one cannot see the underlying trend in the data. That’s where this indicator comes in. Principle #2 We adjusted the Balance of Power so that we could track its momentum over time (hence the RSI portion of the name). We then overlaid an actual RSI chart behind it, using classical oversold and overbought markings in the same way that you would do with the regular RSI. The chart is printed here once again for the benefit of the viewer. Principle #3 Using additional indicators and algorithms, we were able to ‘smooth’ the Balance of Power while ‘re-scaling’ it to fit on a different scale (no longer 0 to 1), in order to create a much more readable trend. In addition, we implemented the ‘red’ portion of the indicator in order to signal when the sell and buy pressure have reached an ‘extreme’. Interpreting the Indicator When the indicator is to the ‘north’ in the overbought category, that means that the indicator is signaling a ‘strong buy’. When the indicator line turns red, however, in that overbought portion, that means that there is an impending downturn in the price that is to be expected soon. Below, we will show some examples: That same period is reflected in the price movement of Bitcoin as well: As you can see from the pictures above, the red portion of the indicator was our warning that there would be an impending drop in the price. It should also be noted that this indicator does not re-paint itself, so these signals are produced in live time. Best Time Frames The best time frame for this indicator is on the daily or longer. Using the H8 or longer is preferred. This is because the price movements on lower time frames are usually substantially more volatile, and thus, the predictive abilities of this indicator are diluted to a certain extent on the lower time frames. Product Offering If you're interested in gaining access to this indicator, just shoot a private message over this platform and we can talk.
Pine Script® indicator
by librehash
25
Market Sentiment IndicatorMarket Sentiment Indicator Class : hybrid – trend oscillator Trading type : any Time frame : any Purpose : trend detection, reverse points detection Level of aggressiveness : any Indicator «Market Sentiment Indicator» (MSI) is used to detect dominating market sentiments and to search for the points of market sentiments change. Domination of bullish sentiments means that “buy” trades are preferable. In case of bearish sentiments “sell” trades should prevail. Also indicator “MSI” can detect neutral market sentiments (the absence of dominating tendency), which means the presence of flat in the price dynamics. Entering the extreme zones means that current market sentiments may change soon. This may act as a reverse signal. Summarizing «Market Sentiment Indicator» provides additional information for successful trading. Structure of the indicator Indicator consists of the following elements: - Histogram of market sentiments – is presented with 3 color gammas: blue color (bullish sentiments are dominating), red color (bearish sentiments are dominating), red color (neutral sentiments are present in the market), - Red zone – bullish extreme zone, warns that current upward trend is ready for correction. Entering this zone is a signal for partial profit fixation for long positions; - Blue zone – bearish extreme zone, warns that current downward trend is ready for correction. Entering this zone is a signal for partial profit fixation for short positions. Input parameters of the indicator To set up the indicator a “MSI period” parameter is used. It shows how many previous periods are used to calculate the MSI. The bigger the period is the more conservative signals are and vice versa. Rules of trading The main purpose of this indicator is detection of prevailing market sentiments: bullish (blue color of histogram), bearish (red color of histogram) and neutral (green color of histogram). Accordingly in case of bulls’ domination preference should be given to purchases, in the bear market – to sell trades. Neutral state of the market is a reason to trade with no any preferences. Entering the extreme zones is a reason for partial profit fixation of positions opened in current tendency. Exit from the extreme zones is a strong reversal signal.
Pine Script® indicator
by Trade24Fx
19
Market BalanceThis indicator simply tracks the balance of the supply/demand and will always revert to the mean. If the market is over bought it will move above the mean, hit a limit and come back toward the mean. Opposite for oversold. The difference between this and MFI or RSI is that a market can move up or down in an organized fashion and stay close to the mean. It is impulsive moves up or down that will correct. So a trader might be able to gauge whether an given stock has the likelihood to pullback or bounce based on this indicator. The color indicator attempts to predict the color of the next bar. Works well with Heiken Ashi style candles as well.
Pine Script® indicator
by JohnBaron
1
True Balance of powerThis is an improvement of the script published by LazyBear, The improvements are: 1. it includes gaps because it uses true range in stead of the current bar, 2. it has been turned into a percent oscillator as the basic algorithm belongs in the family of stochastic oscillators. Unlike the usual stochatics I refrained from over the top averaging and smoothing, nor did I attempt a signal line. There’s no need to make a mock MACD. The indicator should be interpreted as a stochastics, the difference between Stochs and MACD is that stochs report inclinations, i.e. in which direction the market is edging, while MACD reports movements, in which direction the market is moving. Stochs are an early indicator, MACD is lagging. The emoline is a 30 period linear regression, I use linear regressions because these have no lagging, react immidiately to changes, I use a 30 period version because that is not so nervous. You might say that an MA gives an average while a linear regression gives an ‘over all’ of the periods. The back ground color is red when the emoline is below zero, that is where the market ‘looks down’, white where the market ‘looks up’. This doesn’t mean that the market will actually go down or up, it may allways change its mind. Have fun and take care, Eykpunter.
Pine Script® indicator
by eykpunter
4
COT/CFD:CIP-LThe Commitments of Traders (COT) reports provide traders positions at the close of Tuesday's trading session. Reports show how many long and how many short contracts do traders of each category hold. This version covers the change in positions (CIP) in legacy format for CFD's. Default is Futures only. You can include Options from the input menu. From the style menu you can turn on or off different trader groups data. As the original data is weekly, charts will only work at weekly and upper time frames.
Pine Script® indicator
by rollas
1