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Moving Averages + BB & R.VWAP StDev (multi-tf)█ Moving Averages + Bollinger Bands and Rolling Volume Weighted Average Price with Standard Deviation Bands (Multi Timeframe) Multiple moving averages can be independently applied. The length , type and timeframe of each moving average are configurable . The lines and colors are customizable too. This script can display: Moving Averages Bollinger Bands Rolling VWAP and Standard Deviation Bands Types of Moving Averages: Simple Moving Average (SMA) Exponential Moving Average (EMA) Smoothed Moving Average (SMMA) Weighted Moving Average (WMA) Volume Weighted Moving Average (VWMA) Least Squares Moving Average (LSMA) Hull Moving Average (HMA) Arnaud Legoux Moving Average (ALMA) █ Moving Average Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. █ Bollinger Bands Bollinger Bands consist of a band of three lines which are plotted in relation to security prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (the type of trend line and period can be changed by the trader, a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. █ Rolling VWAP The typical VWAP is designed to be used on intraday charts, as it resets at the beginning of the day. Such VWAPs cannot be used on daily, weekly or monthly charts. Instead, this rolling VWAP uses a time period that automatically adjusts to the chart's timeframe. You can thus use the rolling VWAP on any chart that includes ​volume information in its data feed. Because the rolling VWAP uses a moving window, it does not exhibit the jumpiness of VWAP plots that reset. Based on the previous script :
Pine Script™ indicator
by Yatagarasu_
3
MTF Stationary Extreme IndicatorThe Multiple Timeframe Stationary Extreme Indicator is designed to help traders identify extreme price movements across different timeframes. By analyzing extremes in price action, this indicator aims to provide valuable insights into potential overbought and oversold conditions, offering opportunities for trading decisions. The indicator operates by calculating the difference between the latest high/low and the high/low a specified number of periods back. This difference is expressed as a percentage, allowing for easy comparison and interpretation. Positive values indicate an increase in the extreme, while negative values suggest a decrease. One of the unique features of this indicator is its ability to incorporate multiple timeframes. Traders can choose a higher timeframe to analyze alongside the current timeframe, providing a broader perspective on market dynamics. This feature enables a comprehensive assessment of extreme price movements, considering both short-term and longer-term trends. By observing extreme movements on different timeframes, traders can gain deeper insights into market conditions. This can help in identifying potential areas of confluence or divergence, supporting more informed trading decisions. For example, when extreme movements align across multiple timeframes, it may indicate a higher probability of a significant price reversal or continuation. To use the Multiple Timeframe Stationary Extreme Indicator effectively, traders should consider a few key points: - Choose the Timeframes : Select the appropriate timeframes based on your trading strategy and objectives. The current timeframe represents the focus of your analysis, while the higher timeframe provides a broader context. Ensure the chosen timeframes align with your trading style and the asset you are trading. - Interpret Extreme Movements : Pay attention to extreme movements that breach certain levels. Values above zero indicate a rise in the extreme, potentially signaling overbought conditions. Conversely, values below zero suggest a decrease, potentially indicating oversold conditions. Use these extreme movements as potential entry or exit signals, in conjunction with other indicators or confirmation signals. - Validate with Price Action : Confirm the extreme movements observed on the indicator with price action. Look for confluence between the indicator's extreme levels and key support or resistance levels, trendlines, or chart patterns. This can provide added confirmation and increase the reliability of the signals generated by the indicator. - Consider Volatility Filters : The indicator can be enhanced by incorporating volatility filters. By adjusting the sensitivity of the extreme differences calculation based on market volatility, traders can adapt the indicator to different market conditions. Higher volatility may require a longer lookback period, while lower volatility may call for a shorter one. Experiment with volatility filters to fine-tune the indicator's performance. - Combine with Other Analysis Techniques : The Multiple Timeframe Stationary Extreme Indicator is most effective when used as part of a comprehensive trading strategy. Combine it with other technical analysis tools, such as trend indicators, oscillators, or chart patterns, to form a well-rounded approach. Consider risk management techniques and money management principles to optimize your trading strategy. --------------------------------------------------------------------------------------------------------------------------------------------------------------- Remember that trading indicators, including the Multiple Timeframe Stationary Extreme Indicator, should not be used in isolation. They serve as tools to assist in decision-making, but they require proper context, analysis, and confirmation. Always conduct thorough analysis and consider market conditions, news events, and other relevant factors before making trading decisions. It's recommended to backtest the indicator on historical data to assess its performance and effectiveness for your trading approach. This will help you understand its strengths and limitations, allowing you to refine and optimize your usage of the indicator.
Pine Script™ indicator
by LeafAlgo
1
RSI MTF DashboardThis is an RSI dashboard, which allows you to see the current RSI value for five timeframes across up to 8 tickers of your choice. This is a useful tool to gauge momentum across multiple timeframes, where you would look to enter a buy with high RSI values across the timeframes (and vice versa for sell positions). Conversely, some traders use RSI to identify potential areas for reversals, so you would look to buy with low RSI values (and vice versa for sell positions). In the settings, please select which 5 timeframes you require. Then select which tickers you wish to see, and you will find a dashboard on your chart to show the RSI values. The dashboard can be highlighted when the RSI value shows bearish momentum (a value under 50, of your choice) and bullish momentum (a value over 50, again of your choice). These colours and values are fully customisable. In the settings you can also select the location of the dashboard, as well as some colour and transparency settings to enable the best possible view on screen.
Pine Script™ indicator
by cbryce23
3
Cleaner Screeners LibraryLibrary "cleanscreens" Screener Panel. This indicator displays a panel with a list of symbols and their indications. It can be used as a screener for multiple timess and symbols in any timeframe and with any indication in any combination. #### Features Multiple timeframes Multiple symbols Multiple indications per group Vertical or horizontal layouts Acceepts External Inputs Customizable colors with 170 presets included (dark and light) Customizable icons Customizable text size and font Customizable cell size width and height Customizable frame width and border width Customizable position Customizable strong and weak values Accepts any indicator as input Only 4 functions to call, easy to use #### Usage Initialize the panel with _paneel = cleanscreens.init() Add groupd with _screener = cleanscreens.Screener(_paneel, "Group Name") Add indicators to screeener groups with cleanscreens.Indicator(_screener, "Indicator Name", _source) Update the panel with cleanscreens.display(_paneel) Thanks @ PineCoders , and the Group members for setting the bar high. # local setup for methods on our script import kaigouthro/cleanscreen/1 method Screener ( panel p, string _name) => cleanscreens.Screener ( p, _name) method Indicator ( screener s , string _tf, string name, float val) => cleanscreens.Indicator ( s , _tf, name, val) method display ( panel p ) => cleanscreens.display ( p ) init(_themein, loc)   # Panel init > init a panel for all the screens   Parameters:      _themein (string) : string: Theme Preset Name      loc (int) : int : 1 = left top, 2 = middle top, 3 = right top, 4 = left middle, 5 = middle middle, 6 = right middle, 7 = left bottom, 8 = middle bottom, 9 = right bottom   Returns: panel method Screener(p, _name)   # Screener - Create a new screener ### Example: cleanscreens.new(panel, 'Crpyto Screeners')   Namespace types: panel   Parameters:      p (panel)      _name (string) method Indicator(s, _tf, name, val)   # Indicator - Create a new Indicator ### Example: cleanscreens.Inidcator('1h', 'RSI', ta.rsi(close, 14))   Namespace types: screener   Parameters:      s (screener)      _tf (string)      name (string)      val (float) method display(p)   # Display - Display the Panel ### Example: cleanscreens.display(panel)   Namespace types: panel   Parameters:      p (panel) indication   single indication for a symbol screener   Fields:      name (series string)      icon (series string)      rating (series string)      value (series float)      col (series color)      tf (series string)      tooltip (series string)      normalized (series float)      init (series bool) screener   single symbol screener   Fields:      ticker (series string)      icon (series string)      rating (series string)      value (series float)      bg (series color)      fg (series color)      items (indication )      init (series bool) config   screener configuration   Fields:      strong (series float)      weak (series float)      theme (series string)      vert (series bool)      cellwidth (series float)      cellheight (series float)      textsize (series string)      font (series int)      framewidth (series int)      borders (series int)      position (series string) icons   screener Icons   Fields:      buy (series string)      sell (series string)      strong (series string) panel   screener panel object   Fields:      items (screener )      table (series table)      config (config)      theme (theme type from kaigouthro/theme_engine/1)      icons (icons)
Editors' picks
Pine Script™ library
by kaigouthro
13
MTF Diagonally Layered RSI - 1 minute Bitcoin Bot [wbburgin]This is a NON-REPAINTING multi-timeframe RSI strategy (long-only) that enters a trade only when two higher timeframes are oversold. I wrote it on BTC/USD for 1min, but the logic should work on other assets as well. It is diagonally layered to be profitable for when the asset is in a downtrend. Diagonal layering refers to entry and exit conditions spread across different timeframes. Normally, indicators can become unprofitable because in downtrends, the overbought zones of the current timeframe are not reached. Rather, the overbought zones of the faster timeframes are reached first, and then a selloff occurs. Diagonally-layered strategies mitigate this by selling diagonally, that is, selling once the faster timeframe reaches overbought and buying once the slower timeframe reaches oversold. Thus this strategy is diagonally layered down . I may create a separate script that alternates between diagonal-up and diagonal-down based off of overall trend, as in extended trend periods up this indicator may not flash as frequently. This can be visualized in a time series x timeframe chart as an "X" shape. Something to consider... Let me know if you like this strategy. Feel free to alter the pyramiding entries, initial capital, and entry size, as well as commission regime. My strategies are designed to maximize average profit instead of flashing super frequently, as the fees will eat you up. Additionally, at the time of publication, all of my strategy scripts are intended to have profitable Sharpe and Sortino ratios. Timeframes, RSI period, and oversold/overbought bounds are configurable.
Pine Script™ strategy
by wbburgin
68
Import Forex Volume from 5 biggest FX Brokers (single/combined) Some Brokers like Forex.com don't show Volume for FX. This indicator allows user to import Volume from a range of FX brokers that DO show volume -Combine the reported volumes from all five brokers: FXCM, GLOBALPRIME, PEPPERSTONE, Currency.com, OANDA. Or pick a specific broker to import volume from. -Image above shows combined Volume from the big 5 brokers, with added notes on the 2yr average of various broker's volumes; showing their size in descending order. -Works across timeframes & FX pairs. Standard color formatting options Added. //notes: ~default settings pull/combine volume from all 5 brokers. History goes back to Sept 2019 (due to GlobalPrime's later start date in publishing Volume data). ~~toggle ON 'only show FXCM, Pepperstone & Oanda' for a LONGER history, going back to June 2012. ~individual broker feeds: top checkbox toggled OFF, choose your preferred broker. ~~FXCM has both the longest history and the highest volume size of all the brokers. ~Table (toggle on/off) shows the broker feed (which broker(s) volume is on display) and the SMA 100 to give an idea of relative size. //Cautionary note: Volume is not as reliable in Forex as it is in Equities/commodities, due to unreported Inter-bank trades; the broker volumes do not give the full picture, but this is a best approximation of combined total volume based on brokers reported volume. The true volume will likely be much higher. -Thank you @theEccentricTrader for the idea of pulling volume feed from other brokers.
Pine Script™ indicator
by twingall
15
support and resistance on multi timeframe [parsimaj] Description: support and resistance and trendline on two timeframes by your choice This indicator is capable of showing you the current and higher timeframe support and resistance by your strategy choice (two timeframes alongside each other). It also helps you to monitor the trend direction in short and long term by trend lines . You can change the depth of every levels and trend lines from the panel. Use this indicator in all markets because it follows the basic principles of levels but is unique in changing second timeframe by your choice. _its smart , if the levels are too close together ,it will choose the deeper ones for you. How it works: By default, there is no higher timeframe and you can select your desire higher timeframe from the panel. Higher timelines will be displayed thicker and your current levels would be thin lines. (Levels that are higher than the current price will be red and those that are lower will be green). The number of levels to display is also by your choice, the default is 4 levels for each timeframe. We have two types of trend lines , long terms as trend 1 (blue below and purple above trend line )- short term as trend 2(dashed ones). Bouncing on levels and breaking trend line are the best triggers for entry and exit points. Setting: First, choose your higher timeframe then the depth of levels for each time (current and higher), The deeper it is, the more precise the lines. After that you can set the depth of trend lines by your choice. Trend 1 is the longer term So put it deeper and then set the short trend line (dashed ones) if you want to change it. We have put the settings in the best mode, but you can also change it according to your strategy and inform us about the results. This indicator has been obtained with hours of effort and codding , hope you enjoy
Pine Script™ indicator
by parsimaj
43
Divergence for Many [Dimkud - v5]Strategy is based on "Divergence for Many Indicators v4 ST" strategy by CannyTolany01 which is based on "Divergence for Many Indicator" indicator by LonesomeTheBlue This strategy is searching for divergences on 18 indicators which you can select and optimise one by one. Additionally you can connect any other External Indicator value. (just add this indicator the the chart and select option in settings) To the original indicator/strategy I have added 9 additional indicators: ( Money Flow Index, Williams_Vix, Stochastic RSI , SMI Ergodic Oscillator, Volume Weighted MACD , Bull Bear Power, Balance of Power , Relative Volatility Index , Logistic Settings). Converted strategy to v5 of Pine Script. Added Static SL/TP in percents (%). Added filters to filter enters: 1. Volume Weighted MACD - Multi-TimeFrame Filter (It checks for histogram to falling or rising for a set periods of bars) 2. Money Flow Index - Multi-TimeFrame Filter (It checks if MFI Oscillator is in the set diapason. Also It checks if MFI is falling or rising for a set periods of bars ) 3. ATR filter (check changes in fast ATR to slow ATR ) Strategy shows good backtest results on many crypto tokens on 45m - 1h periods. (with parameters optimisation for every indicator) To find best parameters - you can enable indicators one-by one, and optimise best parameters for each of them. Then enable all indicators with successful results. Optimise SL/TP. Then try to enable and optimise filters (channels etc.) The better is to optimise parameters separately for Short and Long trading. And run two separate bots (in settings enable only Long or only Short.) Updates: - Added visualisation for open trades (SL/TP) - Added Volatility filter by ATR with many options for tests. - Fixed some small bugs. - Added second RSI filter (you can use two RSIs with different TF or settings) - Updated ATR volatility and MFI filter. Removed non-effective options - Added CCI filter - Added option to Enable/Disable visualisation of TP/SL on chart - Fixed one small quick bug. ("ATR filter short" was not working) - Added Super Trend filter - Added Momentum filter - Added Volume Filter - All "request.security" MultiTimeFrame calls changed to 100% non-repait function "f_security()"
Pine Script™ strategy
by dimkud
15
Expected Move Plotter [CHE]Expected Move Plotter "There is magic in everything new." Introduction: This script is an indicator for financial trading that plots the expected movement of a security based on the average range over the last five periods. The script is written in Pine Script, a high-level programming language used for creating technical indicators, strategies, and other trading tools for the TradingView platform. Inputs: Percentage of Open and Close: This input specifies the percentage of the open and close price to use for the expected movement. Time Periods: The script takes the different time periods into account and translates them to either 60 seconds, 240 seconds, 1 day, 3 days, 7 days, 1 month, 3 months or 12 months. Calculation: The script uses the "Open" and "High"/"Low" values of the last 5 periods to calculate the average range and plots the expected movement above and below the current open price. The plot is either green or red depending on whether the expected move is above or below the current close. Code Breakdown: The script starts by defining three integer constants: MS_IN_MIN, MS_IN_HOUR, and MS_IN_DAY, which represent the number of milliseconds in a minute, hour, and day, respectively. The function timeStep_translate() returns a string that represents the timeframe for a chart based on the current timeframe. The function first converts the chart's timeframe to milliseconds and then uses a switch statement to determine the string value to be returned based on the number of milliseconds in the timeframe. The script then retrieves the data for the open, high, and low values for the last five periods. The high and low values are used to calculate the average range, which is then used to plot the expected movement above and below the current open price. Conclusion: This script provides traders with a visual representation of the expected movement of a security based on the average range over the last five periods. It takes different time periods into account and provides a clear indication of whether the expected move is above or below the current close. The script is easy to use and provides a useful tool for traders looking to make informed trading decisions. Best regards Chervolino
Pine Script™ indicator
by chervolino
1
Stochastic Oversold / Overbought Multi Time Frame on CandleAt the suggestion of a friend, I prepared this educational indicator to show how to use a Multi time frames on the chart based on the color of The Candle. This Script calculates the stochastic oscillator for multiple timeframes and displays the overbought/oversold signals on the chart with color coding. The stochastic oscillator is a momentum indicator that compares a security's closing price to its high-low range over a set number of periods. The indicator oscillates between 0 and 100, with readings above 80 considered overbought and readings below 20 considered oversold. The indicator has the following input parameters: %K Length: the number of periods used to calculate the stochastic oscillator (default is 14). %K Smoothing: the number of periods used to smooth the stochastic oscillator (default is 1). Three timeframes: The timeframes for which the stochastic oscillator is calculated can be set as 15-minute, 1-hour, or 4-hour intervals. For each timeframe, the user can choose to display the indicator (or not) and set the color of the candle. The user can also set the overbought and oversold levels (default is 80 and 20, respectively). The indicator calculates the stochastic oscillator using the ta.stoch function from the built-in ta library in PineScript. It then uses the ta.sma function to smooth the stochastic oscillator if specified. Finally, the indicator uses the TimeframFuction to calculate the stochastic oscillator for different timeframes, which is then displayed on the chart using the barcolor function. The color of the candle is set based on whether the stochastic oscillator is overbought or oversold, as determined by the overbought/oversold levels specified by the user. Note: This code is example for you to use multi timeframe in your indicator or Strategy , also prevent Repainting Calculation
Pine Script™ indicator
by MirNader_
3
3 Zigzag for MTF Fib Alert [MsF]Japanese below / 日本語説明は英文の後にあります。 ------------------------- This indicator that automatically displays Fibonacci from each High & Low based on 3 Zigzags. It's useful for multi-timeframe analysis. For example, Fibonacci calculated from the high and low prices (Zigzag 3 Period=100) of the upper timeframe can be displayed on the lower timeframe. Also, you can set alerts for each Fibonacci point. It is useful when you are waiting for the price to return to the discount (50% or less) or the premium (50% or more) of the upper timeframe. "Fib 1 - Crossing 0.00" … Trigger an alert when crossing the 0% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 100.0" … Trigger an alert when crossing the 100% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 23.6" … Trigger an alert when crossing the 23.6% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 38.2" … Trigger an alert when crossing the 38.2% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 50.0" … Trigger an alert when crossing the 50.0% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 61.8" … Trigger an alert when crossing the 61.8% line in Fibonacci of Zigzag1 "Fib 1 - Crossing 76.4" … Trigger an alert when crossing the 76.4% line in Fibonacci of Zigzag1 *Same as Zigzag 1 and Zigzag 2 too. "Choose Zig Zag Leg for fib" parameter means... Latest : Calculate Fibonacci based on "the most recent Zigzag line". Previous : Calculate Fibonacci based on "the previous Zigzag line". ------------------------- 3つのZigzagを元に各High＆Lowからフィボナッチを自動で表示するインジケーターです。 Zigzagの期間を工夫することで、マルチタイムフレーム分析に役立ちます。 例えば、以下の設定とした場合： Zigzag 1 Period … 8 Zigzag 2 Period … 25 Zigzag 3 Period … 100 上位時間足Zigzag（Period=100）の高値安値から形成されるフィボナッチを下位時間足に表示することができるのです。 また、このインジケーターではフィボナッチのポイント毎にアラートの設定が可能です。 上位時間足の割安価格（50％以下）や割高価格（50％以上）に価格が戻ってくるのを待っている時などに力を発揮してくれます。 "Fib 1 - Crossing 0.00" … Zigzag1のフィボナッチにおいて、0%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 100.0" … Zigzag1のフィボナッチにおいて、100%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 23.6" … Zigzag1のフィボナッチにおいて、23.6%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 38.2" … Zigzag1のフィボナッチにおいて、38.2%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 50.0" … Zigzag1のフィボナッチにおいて、50.0%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 61.8" … Zigzag1のフィボナッチにおいて、61.8%ラインとクロスした場合にアラートを発報します "Fib 1 - Crossing 76.4" … Zigzag1のフィボナッチにおいて、76.4%ラインとクロスした場合にアラートを発報します ※Zigzag1およびZigzag2のフィボナッチも同様 "Choose Zig Zag Leg for fib"パラメータについて： Latest … 一番新しいZigzagのライン（UpまたはDown）を元にフィボナッチを計算します。 Previous … ひとつ前のZigzagのライン（UpまたはDown）を元にフィボナッチを計算します。
Pine Script™ indicator
by Trader_Morry
23
Multi TF High/Low/Open/Close LineNOTE: I'm not sure why the screengrab isn't showing the lines. They are there, and when I share the chart from this link they are there.... idk This is a requested spin-off version of my previous HLOC for the Daily/Weekly/Monthly that allows users to choose 3 different timeframe units (Mins, Hours, Days, etc...) from the dropdown menu and then select the lookback period in which to draw the HLOC. I've had quite a few requests to allow users to see multiple lookbacks for the same timeframe unit, mostly weekly, and I did not wish to change that particular script for that purpose. However, I was able to take the existing script and alter it for user input. This indicator draws a line on the TF 1, TF 2, and TF 3 bar at the High, Low, Open and Close of user input Timeframe unit and selected lookback period. The lookback period will go back the number of candles entered. So for example if you choose a 5 Min chart with a lookback of 3, the lines will be drawn on the HLOC 3 closed 5 min candles back. Selecting 0 will show data on the current Real-Time candle. An example of a request I have gotten was for last week, the previous week and the previous month. The settings for that would be: TF 1 - 1 week Lookback 1, TF 2 - 1 week Lookback 2, TF 3 - 1 month Lookback 1. Each set of lines has an optional identifying label with its own color set that can be shown with or without price value, and has drop down menus for size and style of each set of labels. The TF unit value is displayed on the label, but not the lookback. So if you are using the hourly on all 3 TF's with different lookback periods, they will all say "60" on the label. I recommend using the line and label options to distinguish between the different lookback values. Each set of lines has inputs for line/text color, line width and style and each line argument can be selected independently. In the chart example I have displayed only the High and Low on three 1 hour TF's with the lookback of 4, 5 and 6 candles with the labels descending in size. With this data I can see that over the last 6 hours the price of ES is in an descending pattern and I should be on alert for a break. Since I trade ES in RTH on a much lower timeframe, this data can alert me to a bigger picture potential trend change or continuation. I would personally use this with pivot data for timing and look for entries in areas of high volume that moved price to a new high or low that have not been retested. I will be looking to add a user input offset for labels in the future. I have had bad luck with it in the past working for a couple weeks and then throwing an error, but I will look into it again soon. I also recommend going into Chart Settings/Status Line and turning off indicator arguments OR moving the script to the top of the indicator list to avoid obstructed chart view with this indicators arguments. When script allows, I will update it to hide them.
Pine Script™ indicator
by goofoffgoose
9
Flying Dragon Trend IndicatorFlying Dragon Trend Indicator can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the best out of the indicator. Flying Dragon Trend plots the trend bands into the ribbon, where the colours indicate the trend of each band. The plotting of the bands can be turned off in the input settings. Based on the user selectable Risk Level the trend pivot indicator is shown for the possible trend pivot when the price crosses the certain moving average line, or at the Lowest risk level all the bands have the same colour. The trend pivot indicator is not shown on the Lowest risk level, but the colour of the trend bands is the indicator instead . The main idea is to combine two different moving averages to cross each other at the possible trend pivot point, but trying to avoid any short term bounces to affect the trend indication. The ingenuity resides in the combination of selected moving average types, lengths and especially the offsets. The trend bands give visual hint for the user while observing the price interaction with the bands, one could say that when "the Dragon swallows the candles the jaws wide open", then there is high possibility for the pivot. The leading moving average should be fast while the lagging moving average should be, well, lagging behind the leading one. There is Offset selections for each moving average, three for leading one and one for the lagging one, those are where the magic happens. After user has selected preferred moving average types and lengths, by tuning each offset the optimal sweet spot for each timeframe and equity will be found. The default values are good enough starting points for longer (4h and up) timeframes, but shorter timeframes (minutes to hours) require different combination of settings, some hints are provided in tooltips. Basically the slower the "leading" moving average (like HMA75 or HMA115) and quicker the "lagging" moving average (like SMA12 or SMA5) become, the better performance at the Lowest risk level on minute scales. This "reversed" approach at the minute scales is shown also as reversed colour for the "lagging" moving average trend band, which seems to make it work surprisingly well. The Flying Dragon Trend does not necessarily work well on zig zag and range bounce scenarios without additional finetuning of the input settings to fit the current condition.
Pine Script™ indicator
by MarkoP010
9
Flying Dragon Trend StrategyFlying Dragon Trend Strategy can be used to indicate the trend on all timeframes by finetuning the input settings. The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the best out of the indicator. Flying Dragon Trend plots the trend bands into the ribbon, where the colours indicate the trend of each band. The plotting of the bands can be turned off in the input settings. Based on the user selectable Risk Level the strategy is executed when the price crosses the certain moving average line, or at the Lowest risk level all the bands have the same colour. The main idea is to combine two different moving averages to cross each other at the possible trend pivot point, but trying to avoid any short term bounces to affect the trend indication. The ingenuity resides in the combination of selected moving average types, lengths and especially the offsets. The trend bands give visual hint for the user while observing the price interaction with the bands, one could say that when "the Dragon swallows the candles the jaws wide open", then there is high possibility for the pivot. The leading moving average should be fast while the lagging moving average should be, well, lagging behind the leading one. There is Offset selections for each moving average, three for leading one and one for the lagging one, those are where the magic happens. After user has selected preferred moving average types and lengths, by tuning each offset the optimal sweet spot for each timeframe and equity will be found. The default values are good enough starting points for longer (4h and up) timeframes, but shorter timeframes (minutes to hours) require different combination of settings, some hints are provided in tooltips. Basically the slower the "leading" moving average (like HMA75 or HMA115) and quicker the "lagging" moving average (like SMA12 or SMA5) become, the better performance at the Lowest risk level on minute scales. This "reversed" approach at the minute scales is shown also as reversed colour for the "lagging" moving average trend band, which seems to make it work surprisingly well. The Flying Dragon Trend does not necessarily work well on zig zag and range bounce scenarios without additional finetuning of the input settings to fit the current condition. Strategy direction selector by DashTrader.
Pine Script™ strategy
by MarkoP010
9
Channels Strategy [Dimkud]Channels trading Strategy. Based on "Channels Strategy" by JoseMetal. To the original strategy added additional options and filters : Static SL/TP in percents (%), time delay between orders, ATR Filter, second Keltner Channel (Multi TimeFrame). Interface translated to English. Were good backtest results on many crypto tokens on 15m - 45m - 1h periods. Mostly with configuration: Keltner Channel (optimise parameters for every token) + Static SL/TP (optimise values for every token) + "Enter Condition" = "Wick out of band". The better is to optimise paramaters separately for Short and Long trading. And run two separate bots (in settings enable only Long or only Short.) Tested on real automated trading on few online bot platforms. (3comm, revenuebot, veles). Later I will make tutorial how to connect strategy to these platforms or contact me if you need help.
Pine Script™ strategy
by dimkud
7
Multi IND Dashboard [Skiploss]Multi IND Dashboard is dashboard combine with price change, RSI, ATR, Alligator and Supertrend. With a maximum of 10 timeframes, I think it's going to make your life easier. In looking at the momentum of each chart. How it work?? Change : It is the distance from the close price of previous candlestick and shows the movement value of the candlestick in that timeframe. RSI : Default setting are 14 and source close Value >= 75 : Fill text color maximum overbought Value >= 65 : Fill text color medium overbought Value >= 55 : Fill text color minimum overbought Value >= 45 : Fill text color minimum overbought Value >= 35 : Fill text color medium overbought Value >= 25 : Fill text color maximum overbought ATR : Default setting are 14 length and RMA smoothing, It like the average swing of the candlesticks. Alligator : Default setting are 13, 8 and 5 Bullish status is value lips > teeth and teeth > jaw Bearish status is value lips < teeth and teeth < jaw Neutral status status is value lips > teeth and teeth < jaw or lips < teeth and teeth > jaw Supertrend : Default setting are 8 and 3.0 Bullish status is uptrend Bearish status is downtrend
Pine Script™ indicator
by Skiploss
Multi-Timeframe MA Based Zigzag[liwei666]🎲 Overview 🎯 This Zigzag indicator build based on different MA such as EMA/HMA/RMA/SMA, support multi-timeframe setting . you can get customer zigzag indicator by change short/long ma length and high-timeframe config(5m/15m/30m/1h/2h) in any symbol. 🎲 Indicator design logic 🎯 entired logic is simple and code looks complex, I‘ll explain core logic here, code already equipped with detailed comments. 1. use close-in EMA's highest/lowest value mark as SWING High/Low when EMA crossover/under, not use func ta.pivothigh()/ta.pivotlow() 2. when EMA crossover/under plot a char as signal like ●/❄/▲, crossover get blue char crossunder get red char 3. latest zigzag line is not drawn until EMA is turned (crossover/under), but signal is realtime 4. you can see diff zigzag structure when you open high-timeframe config, then find regular pattern benefit your trading. 🎲 Settings 🎯 there are 3 group properties in script, just focus on 5 properties in 'GRP1' , 'GRP2' and 'GRP3' are display config. 'GRP1': MA_Type: MA type you can choose(EMA/RMA/SMA/HMA/WMA), default is EMA short_ma_len: short MA length of your current timeframe on chart long_ma_len: long MA length of your current timeframe on chart htf_ma_len: MA length of high timeframe, MA type same as 'MA_Type' config htf_ma_tf: high timeframe ma length, 15/30/60/120 minute 'GRP2': • show_short_zz • show_long_zz  • show_htf_zz: 'GRP3': • show_short_ma_line • show_short_ma_signal • show_long_ma_line • show_long_ma_signal • show_htf_ma_line • show_htf_ma_signal 🎲 Usage 🎯 As we know, MA based signal usually worked fine in trend market , low volatility is unprofitable. 🎯 One of pattern as the chart show below. 1. success example : after a blue ▲ signal, entry long when blue ● signal appear, marked with green box. 2. failed example: after a blue ▲ signal, a red ▼ signal appear, marked with white box. 🎯 BoS(Break of Structure) based on ma zigzag is a good idea I'm implementing, it will be published in next script. Additionally, I plan to publish 20 profitable strategies in 2023; this indicatior not one of them, let‘s witness it together! Hope this indicator will be useful for you :) enjoy! 🚀🚀🚀
Pine Script™ indicator
by liwei666
2