MarketVision Screener█ OVERVIEW
• Screens 36 Assets at Once
• This Screener is Unique in that it turns my MarketVision series of Indicators Into a Complete Trading System
• To help you Automatically find Possible Turning Points in the Market the Following MarketVision Parameters are Displayed
o Linear Regression Direction and whether Price can be considered Over Bought / Sold according to the Linear Regression Channel (This works exceptionally well if used in confluence with manually drawn Fibonacci retracements)
o RSI value and Over / Very Over Bought / Sold condition
o Trend Meter – Shows Condition of the Trend Meter and its associated Trend / Money Flow Bar
o Wave Trend Crossing Condition taken from MarketVision B or Cipher B
o Wave Trend Divergences
o Super Trend Direction – Not a usual MarketVision parameter but it helps
• Furthermore you can choose where abouts on your chart you want the Screener displayed – this allows for multiple Screeners on one chart
█ HOW TO USE IT
• Look for Confluence between different parameters,
• For example Linear Regression Pointing Down and Price Over Bought according to both RSI and Linear Regression Channel, this is where you can look for maybe a Wave Trend cross down or a specific Candle Stick Pattern on you Chart with a Divergence
• Other confluences that work well are Trend Meter cross at the same time as a Wave Trend cross – Look for This Symbol "⯅ ⬱🡅⇶" or "⬱🡇⇶ ⯆"
• There are many possibilities the rest is up to you and your Trading Style / System
• Feel the Power
█ LIMITATIONS
• Can Not Set Alerts at This Stage – This is for a future Update or Script
• Slow Loading Time – As this is a rather long script Loading time is dependent on Internet Speed and your Computer Hardware
█ CREDITS
• Tradingview for the Pine Script Engine found under the hood of these amazing scripts
• QuantNomad and Others for their pioneering work making it possible to bring these sorts of advanced scripts to life
█ DISCLAIMER
• Not Financial Advice BUT
• Always use Proper Risk / Money Management – Never Risk more than you can Afford to Lose, Preferably not more than 1% - 2% of your Account
• Do Not FOMO or Revenge Trade
• Please remember that Past Performance may not be indicative of future results
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical Back Testing
Trendmeter
Trend MasterThis is a trend aggregator for confirmation and trend signals. It basically aggregates many buy/sell signals and confirmation and by combining them provides a strong buy/sell signal or trend confirmation.
The actual layout idea and trend confirmation is derived from Trend Meter and this indicator uses few other indicator, such as Chandelier Exit, WaveTrend, QQE Signals, Parabolic SAR and AlphaTrend. This indicator aggregates signal from different methods to find out more powerful and confirmed Trend and combines them into one Signal. It also uses Technical Ratings from TradingView team to filter out false signal, it tremendously opts out false signals and improve profitability.
The first seven dots are these
All 3 Trend Meters Now Align
MACD Crossover - Fast - 8, 21, 5
RSI 13: > or < 50
RSI 5: > or < 50
MA Crossover
MA Crossover
Chaikin Money Flow
Alphatrend
Technical Ratings
Then trend
Chandelier Exit
WaveTrend
QQE Signals
Parabolic Sar
All 3 Trend Meters aligns and A signal from trend i
Instructions
Change buy/sell policy based on market trend
Works on all TimeFrame but gives more accuracy on 4H, 1D.
Buy when green big dot appears at the bottom.
Sell when red big dot appears at the bottom.
Red/green dot at the top line appears when three trend meter is aligned and this is a good confirmation.
Any red/green dot below horizontal bars are trend signals.
Big red/green got at the bottom appears whenever there's a good confirmation from trend meter and a buy/sell signal comes from any trend signals.
Also look on the technical ratings bar, green means buy, red means sell and yellow means neutral.
Look for Support or Resistance Levels for price to be attracted to.
Find confluence with other indicators.
The more Trend meters are lit up the better.
Alert
01 Buy Signal = Strong Buy Signal
02 Sell Signal = Strong Sell Signal
03 Buy Signal = Strong Buy Signal
04 Sell Signal = Strong Sell Signal
Thanks to TradingView Technical Ratings authors, evergot, Lij_MC, KivancOzbilgic for their work. This indicator was heavily inspired from their work.
NVME Trend-MeterNVME Trend Meter is a trend confirming indicator that uses our main algorithm to help confirm trends on multi-timeframes. This can be useful for your analysis and trading style for any pair you go to. The NVME Trend Meter can be used to see if the market sentiment is looking bullish or bearish and with this you will know what direction to trade in too!
There are 5 Timeframes displayed on the indicator: The daily, the 4 hourly, the hourly, the 30 minutes and the 15 minutes timeframe.
NVME Trend Meter is to be used as a confluence with your analysis or trading style and should not in anyway shape or form be used as a indication to buy or sell just because the signal says so, it is there to give you a higher chance of having a high probability trade though past results is not indicative of future results and getting access doesn't mean you will become a millionaire in a day as it is not a get rich quick indicator so it won't guarantee 100% success.
Does it support all chart types?
Yes, all charts are supported with the trend meter.
Features:
/Basic Settings
-Trend Significance (Input value, this will change the strength of the trend to be analysed)
-Trend Period (Input Value, this will change the calculation module's intake period in order to confirm a trend)
/Miscellaneous
-Transparency (Input Value, this will change the transparency of the bars)
-Colour Scheme (Changes the colour scheme from the following options: Default, Blue and Orange, Strawberry and Lime, Apple and Mango, Orange and Passionfruit, Rhubarb and Custard, Black and White, Forest Greens, Galaxy)
/Dashboard Settings
-Enable/Disable Dashboard
-Dashboard X Position (Changes the x position of the dashboard)
-Text Colour (Changes the text colour of the dashboard)
[TS] Trend MeterHOW IT WORKS
The meter consists of 5 Different Trend Indicators: Gann HILO Activator, ParabolicSAR, our custom TS Oscillator, our non-repainting/non-lagging Higher Timeframe Trend Indicator, plus our Market Sentiment Indicator
HOW TO USE
1. When the majority of the meters turn green, it is a sign the market is heading up.
2. When the majority of the meters turn red, it is a sign the market is going down.
- The user has the option to select how many meters must allign for a signal to show
- The indicator also has the ability to setup Alerts when the selected number of meters turn green or red. This feature is also signaled by the red or green vertical lines.
Juicy TrendMeterThis script shows the short-term-trend. Red means down, grean up and grey a sideways marked. It is not cosomizable and is not a recomandation to buy or sell, but confirm the trend for a potential trade.
Trend MeterUse as a supplementary Indicator to confirm your entries, but it is as good on it's own.
When you first apply the indicator to your chart make sure you shrink it down It looks a lot better that way
The indicator consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend
As a bonus Possible Momentum Setup entries based on Stochastics are marked as well, these are very Powerful however please use with caution
How to Use
The more Trend meters are lit up the better
Look for Support or Resistance Levels for price to be attracted to
Find confluence with other indicators
Enter Long above the Setup Bar
Enter Short Below the Setup Bar
[HTM] Hiubris Trend MeterHOW IT WORKS
This indicator consists of 4 Different Trend Indicators: Gann HILO Activator , Trend Wave Oscillator and 2 Parabolic SAR’s
HOW TO USE
1. When the majority of the meters turn green, it is a sign the market is heading up.
2. When the majority of the meters turn red, it is a sign the market is going down.
- The user has the option to select how many meters must allign for a signal to show
- The indicator also has the ability to setup Alerts when the selected number of meters turn green or red. This feature is also signaled by the red or green vertical lines.
NOTES
This is script is meant to be used as an auxiliary Indicator to confirm your entries, but it is as good on it's own, as you can see in the Backtesting Results
We used the best combination of indicators so you can be sure that, no matter what ticker you're trading (Forex, Stocks or Crypto) - when you get a full green, or full red meter, the price is 100% trending in that direction!
* This indicator does NOT Repaint! None of our published indicators repaint!
Double Stochastic DivergenceThis Study plots divergences and overlays a second %K as a fractal and changes the colour of %D for the non fractal
Feel Free to change the indicator values to suit your style / system
The divergence script is thanks to @RicardoSantos, I've just adjusted it to suite my indicator
Remember that divergences work best when traded with the trend or very late in a trend when going against the trend
Common value for %K is 5, I have chosen 3 as it gives faster entries when using multiple time frames
If you are not using a momentum indicator as a trailing stop and using only cycle indicator
then I would recommended %K be 4 for exits
