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Tradersreality

Traders Reality MainThis indicator serves as the Tradingview equivalent of an MT4 indicator suite. It differentiates from existing TV indicators in its style and total feature set (most notably PVSRA and PVSRA Override) It was originally designed for forex markets, and it will work for crypto as well, but it has not been tested on stocks. List of features: PVSRA Candles Market boxes (NY/JP/ HK /UK/ FR and Brinks Boxes) 5/13/50/200/800 EMAs (cloud for 50EMA) Pivot points (S/M/R 1,2,3; PP ) Yesterday and Last Week price range Average Daily Range (Weekly and Monthly as well) Daily Open PVSRA Override Psychological High/Low Vector Candle Zones All of these are configurable in the indicator settings. Usage instructions: PVSRA Candle colors meaning: Green (bull) and red (bear): Candles with volume >= 200% of the average volume of the 10 previous chart candles, and candles where the product of candle spread x candle volume is >= the highest for the 10 previous chart time candles. Blue (bull) and blue-violet (bear): Candles with volume >= 150% of the average volume of the 10 previous chart candles PVSRA Override In order to get reliable bar coloring, we need accurate data. If you're on a chart with low volume on some obscure exchange, you may want to use another exchanges datafeed for the symbol you are on to calculate the PVSRA bar colors with. This lets you do exactly that. By default it's off, but you can turn it on and use INDEX:BTCUSD, or really any other chart you want. You can combine charts too, e.g. use BINANCE:BTCUSDT+COINBASE:BTCUSD. PVSRA Alerts Alerts can be made for PVSRA "vector"/"climax" candles: 1. Create Alert (Clock with + sign) 2. Set Condition: "Traders Reality", 3. Select "Alert on Vector Candle", 4. Set it to Once per Bar, 5. choose your notification options. Market boxes The market boxes times are configurable and will change depending on the exchange timezone. I recommend to pick your main exchange/chart and adjust the times so that they are correct. Technically you will need to shift the time from the exchanges' timezone to GMT . Default values should be good for UTC based exchanges in current US+UK summer time. Psychological High/Low Configurable for Crypto or Forex - draws the perceived Psychological High/Low ranges for the week. Can display historical values too. Vector Candle Zones displays unrecovered liquidity left behind on unrecovered vectors. Configurable to take into account candle bodies or candles and wicks. Recommended additional Tradingview indicator(s): - TDI - Goldminds, Edited for Market Makers Method by Jakub Donovan Footnotes The code was originally by plasmapug, continued development (with permission) is now done by infernix and peshocore and xtech5192 in collaboration with TradersReality. If you have suggestions or questions, you can message me or leave a comment.
Pine Script™ indicator
by TradersReality
26
CryptoCurrency Short X-RayIndicator to show the data on short sellers for cryptocurrencies. Color coded as the following: Orange=Shortsellers are Shorting Blue =Shortsellers are Covering Red =Others are Selling Green =Others are Buying Includes lines to show the range that shortsellers have recently (within the last 1024 bars) been operating in to give indication on how extended they are, along with 25%, 50%, and 75% levels inbetween. Do not rely exclusively on this indicator as this can change wildly depending on the situation at hand, and be sure to select the short data in the settings that matches the ticker you're trading.
Pine Script™ indicator
by EsIstTurnt
EBB & Flow: a multi-EMA-based BB cloudIntro This is an idea evolved out of the market maker method and EMA convergence, divergence, and mean reversion. The market maker method informs us that the 5, 13, 50 and 200 EMAs are important to regulating price. Those EMA lengths are multiples of the 50 and 200 on lower major timeframes -- the 1 minute, 5, 15, 1H, 4H, 1D. I include the 21 because it is also a multiple and in crypto very often respected. When market makers are testing price, they set their range and spike in the direction they test for liquidity. This can get chaotic. For instance, in a shorter time frame consolidation inside a bigger timeframe uptrend, it can be too easy to forget where you are in the many trends playing out. When the EMAs are dragged over each other during normal price movement, you get these crisscrossing tracks of price, and the individual breaks can be hard to trace. The range is what matters, ultimately, and the range is dynamic. In that case, the Bollinger Band is a great tool for detecting outliers in this case. The Answer So the answer this indicator seeks to give, is to look for outliers. This gives you a scalping strategy built on Traders Reality thinking and best put together with the PVSRA indicator, which I may include in this indicator just for the sake of concision, but they can work alongside each other or separately. The key thing is the different EMA clouds, which are bollinger bands. Tight bands mean imminent breaks, favouring the trend. Vector candles out of a zone, pins to the low/high, etc. are all very relevant alongside this indicator. You can also use it on its own and scalp the breaks of a cloud. How it works Each cloud is a standard deviation from their respective EMA, all in the same colour. The deviation multiple is 1.618 by default. Yes, fibonacci sequences are usually nonsense, but it works better with the BB than 2, 2.5 or 3. Using just the clouds, you can see where each EMA is headed and how it behaves within the deviation of the others. But that on its own isn't enough. The indicator will also print snowflakes above and below the candle for notable outliers. It will be in the colour of the cloud it breaks, but only if that break is also breaking the smaller EMA clouds too. The most snowflakes will be yellow because that's the 13 EMA. That one is dependent on nothing else and every break will print a snowflake. The 21 will be dependent on the 13. The 50 dependent on the 13 and 21 breaks. The 200 the most important. For example, if the 200 EMA-BB or EBB is broken at the upper band, deviating by more than 162% of price over a 200 period EMA, and that break is not above the 50 EMA cloud, there will be no snowflake. However, if it exceeds the 13, 21, 50, and 200 clouds, then a purple snowflake will appear above the bar. Any snowflake is an extreme in price. The purple is an especially good point of entry. That doesn't mean it is a perfect entry. You can build position from it, though, and be relatively certain of a price correction in the near future, because not only was this major EMA cloud violated, but all of the smaller ones too. Reminder You still need your PVSRA and candlesticks. This indicator on its own may have a nice hit rate for scalping and building position, as an alternative to the TDI or alongside it, but it is not enough on its own, just like the TDI. Enjoy!
Pine Script™ indicator
by mabonyi
2
Market Maker BalanceWhere is the market maker in his cycle of building longs or shorts? When is that big drop or big pump coming? This is a simple and unexpectedly powerful indicator that shows you an estimate of the market maker's position over the last 200 candles. It works on any timeframe. How does it work? It combines a simple 10-candle Price Volume Support Resistance Analysis metric of climactic and rising volume. That volume is combined to create a bullish and bearish balance over a period of 200 candles. The curves are smoothed out with a 10 period EMA. The MMB (Marker Maker Balance) oscillator is the resulting bearish volume - bullish volume, which shows us THEIR position balance. Indications: when shorts are increasing (further below 0), we are in a bullish trend -- you should be taking profit on longs when shorts are flat or decreasing, the trend is due for a reversal -- you should be closing longs and looking to short when shorts cross 0 to long, the trend is reversing down -- you should be in a short position by now when longs are increasing, we are in a bearish trend -- you should be taking profits on your shorts when longs are flat or decreasing, the trend is due for a reversal -- you should be closing your shorts For extra information, there are also the separate lines for rising and climactic volume to give you early indications of reversal or change in Market Maker behaviour. You can disable them in the Style settings, but they can be a useful early indicator that the current trend is losing strength when rising volume overtakes climax volume (MM's no longer moving out of zones higher/lower). Ways to use this indicator are quite simple and eerily accurate: for short term gains, do the opposite of MMs: long when MM are opening more shorts, short when they are opening more longs for huge positions, mimic the MM position: build long positions / close shorts when MMB is rising, build shorts / close longs when MMB is falling or crosses above 0 (be careful with leverage, begin on 1x leverage) Note: the results of this indicator will be different for each exchange, because of their different trading volumes per candle. It's advisable to use it for the exchange you're trading on or use a chart that averages all exchanges for that asset, like INDEX:BTCUSD. For those of you who use the Backtesting & Trading Engine by PineCoders, the BTE Signal plot generates long and short entries as well as filter states. Use this plot as the source for BTE. Shout out to @infernixx for PVSRA calculations in his awesome Traders Reality indicator, the code of which I shamelessly ripped off and edited for this indicator. Leave comments below if you want something added.
Pine Script™ indicator
by mabonyi
29