Alpine Predictive BandsAlpine Predictive Bands - ADX & Trend Projection is an advanced indicator crafted to estimate potential price zones and trend strength by integrating dynamic support/resistance bands, ADX-based confidence scoring, and linear regression-based price projections. Designed for adaptive trend analysis, this tool combines multi-timeframe ADX insights, volume metrics, and trend alignment for improved confidence in trend direction and reliability.
Key Calculations and Components:
Linear Regression for Price Projection:
Purpose: Provides a trend-based projection line to illustrate potential price direction.
Calculation: The Linear Regression Centerline (LRC) is calculated over a user-defined lookbackPeriod. The slope, representing the rate of price movement, is extended forward using predictionLength. This projected path only appears when the confidence score is 70% or higher, revealing a white dotted line to highlight high-confidence trends.
Adaptive Prediction Bands:
Purpose: ATR-based bands offer dynamic support/resistance zones by adjusting to volatility.
Calculation: Bands are calculated using the Average True Range (ATR) over the lookbackPeriod, multiplied by a volatilityMultiplier to adjust the width. These shaded bands expand during higher volatility, guiding traders in identifying flexible support/resistance zones.
Confidence Score (ADX, Volume, and Trend Alignment):
Purpose: Reflects the reliability of trend projections by combining ADX, volume status, and EMA alignment across multiple timeframes.
ADX Component: ADX values from the current timeframe and two higher timeframes assess trend strength on a broader scale. Strong ADX readings across timeframes boost the confidence score.
Volume Component: Volume strength is marked as “High” or “Low” based on a moving average, signaling trend participation.
Trend Alignment: EMA alignment across timeframes indicates “Bullish” or “Bearish” trends, confirming overall trend direction.
Calculation: ADX, volume, and trend alignment integrate to produce a confidence score from 0% to 100%. When the score exceeds 70%, the white projection line is activated, underscoring high-confidence trend continuations.
User Guide
Projection Line: The white dotted line, which appears only when the confidence score is 70% or higher, highlights a high-confidence trend.
Prediction Bands: Adaptive bands provide potential support/resistance zones, expanding with market volatility to help traders visualize price ranges.
Confidence Score: A high score indicates a stronger, more reliable trend and can support trend-following strategies.
Settings
Prediction Length: Determines the forward length of the projection.
Lookback Period: Sets the data range for calculating regression and ATR.
Volatility Multiplier: Adjusts the width of bands to match volatility levels.
Disclaimer: This indicator is for educational purposes and does not guarantee future price outcomes. Additional analysis is recommended, as trading carries inherent risks.
ADX
Mars Signals - SSL Trend AnalyzerIntroduction
The "Mars Signals - Precision Trend Analyzer with SSL Baseline & Price Action Zones" is a comprehensive technical analysis tool designed for traders seeking to enhance their market analysis and trading strategies. This indicator integrates multiple advanced trading concepts, including dynamic moving averages, trend detection algorithms, momentum indicators, volume analysis, higher timeframe confirmation, candlestick pattern recognition, and precise price action zones. By combining these elements, the indicator aims to provide clear and actionable buy and sell signals, helping traders to make informed decisions in various market conditions.
Core Components and Functionality
1.Dynamic Baseline Calculation
Moving Average Types: The indicator allows users to select from a variety of moving average types for the baseline calculation, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Hull Moving Average (HMA), Weighted Moving Average (WMA), Double EMA (DEMA), Triple EMA (TEMA), Least Squares Moving Average (LSMA), Triangular Moving Average (TMA), Kijun (from Ichimoku Kinko Hyo), and McGinley's Dynamic.
Baseline Length: Users can customize the length of the moving average, providing flexibility to adjust the sensitivity of the baseline to market movements.
Signal Line Generation: The indicator computes a dynamic signal line based on the relationship between the close price and the moving averages of the high and low prices. This signal line adapts to market volatility and trend changes.
2.SSL Baseline Integration
SSL Baseline: In addition to the primary baseline, the indicator incorporates an SSL (Semaphore Signal Level) Baseline, which further refines trend detection by considering the highs and lows over a specified period.
Dual Confirmation: The combination of the primary baseline and the SSL baseline enhances the reliability of the trend signals by requiring agreement between both baselines before generating a signal.
3.Momentum and Trend Filters
Relative Strength Index (RSI): The indicator uses the RSI to assess the momentum of price movements, filtering out signals that occur during overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): The MACD is employed to identify the direction and strength of the trend, adding another layer of confirmation to the signals.
Average Directional Index (ADX): The ADX measures the strength of the trend, ensuring that signals are generated only when the market shows significant directional movement.
4.Volume Analysis
Volume Filter: An optional volume filter compares the current volume to its moving average, allowing traders to focus on signals that occur during periods of higher market activity.
5.Higher Timeframe Confirmation
Multi-Timeframe Analysis: The indicator can incorporate data from a higher timeframe, comparing the current price to the higher timeframe's baseline and signal line. This feature helps traders align their trades with the broader market trend.
6.Candlestick Pattern Recognition
Bullish Patterns: The indicator detects bullish patterns such as Bullish Engulfing, Piercing Line, Hammer, and Doji.
Bearish Patterns: It also identifies bearish patterns like Bearish Engulfing, Dark Cloud Cover, Shooting Star, and Doji.
Pattern Prioritization: The patterns are prioritized to highlight the most significant formations, which can serve as additional confirmation for trade entries and exits.
7.Price Action Zones
Support and Resistance Levels: The indicator automatically identifies pivot highs and lows to establish dynamic support and resistance levels.
Zone Visualization: It draws shaded rectangles on the chart to represent these zones, providing a clear visual aid for potential reversal or breakout areas.
ATR-Based Zone Width: The zones' thickness is dynamically calculated using the Average True Range (ATR), adjusting to the current market volatility.
Background Coloring: The chart background changes color when the price is above the maximum resistance or below the minimum support, alerting traders to significant price movements.
Interpreting the Signals
1.Buy Signals
Conditions:
Price crosses above the signal line.
RSI is below 70 (not overbought).
MACD line is above the signal line (indicating bullish momentum).
ADX is above the user-defined threshold (default is 20), confirming a strong trend.
(Optional) Volume is above its moving average if the volume filter is enabled.
(Optional) Price is above the higher timeframe baseline and signal line if the higher timeframe filter is enabled.
(Optional) A bullish candlestick pattern is detected if the candlestick pattern filter is enabled.
Visual Indicators:
An upward-pointing label with the text "BUY" appears below the price bar.
The baseline and SSL baseline lines turn to colors indicating bullish conditions.
2.Sell Signals
Conditions:
Price crosses below the signal line.
RSI is above 30 (not oversold).
MACD line is below the signal line (indicating bearish momentum).
ADX is above the user-defined threshold, confirming a strong trend.
(Optional) Volume is above its moving average if the volume filter is enabled.
(Optional) Price is below the higher timeframe baseline and signal line if the higher timeframe filter is enabled.
(Optional) A bearish candlestick pattern is detected if the candlestick pattern filter is enabled.
Visual Indicators:
A downward-pointing label with the text "SELL" appears above the price bar.
The baseline and SSL baseline lines turn to colors indicating bearish conditions.
3.Support and Resistance Zones
Interpretation:
Resistance Zones: Represent areas where the price may face selling pressure. A break above these zones can signal a strong bullish move.
Support Zones: Represent areas where the price may find buying interest. A break below these zones can signal a strong bearish move.
Background Color:
The background turns red when the price is above the maximum resistance, indicating potential overextension.
The background turns green when the price is below the minimum support, indicating potential undervaluation.
Effective Usage Strategies
1.Customization
Adjusting Baseline and SSL Settings: Traders should experiment with different moving average types and lengths to match their trading style and the specific characteristics of the asset being analyzed.
Filtering Parameters: Modify RSI, MACD, and ADX settings to fine-tune the sensitivity of the signals.
Volume and Higher Timeframe Filters: Enable these filters to add robustness to the signals, especially in volatile markets or when trading higher timeframes.
2.Combining with Other Analysis
Fundamental Analysis: Use the indicator in conjunction with fundamental insights to validate technical signals.
Risk Management: Always apply proper risk management techniques, such as setting stop-loss and take-profit levels based on the support and resistance zones provided by the indicator.
3.Backtesting
Historical Analysis: Utilize the indicator's settings to backtest trading strategies on historical data, helping to identify the most effective configurations before applying them in live trading.
4.Monitoring Market Conditions
Volatility Awareness: Pay attention to the ATR and ADX readings to understand market volatility and trend strength, adjusting strategies accordingly.
Event Considerations: Be cautious around major economic announcements or events that may impact market behavior beyond technical indications.
Indicator Inputs and Customization Options
Baseline Type and Length: Select from multiple moving average types and specify the period length.
ADX Settings: Adjust the length, smoothing, and threshold for trend strength confirmation.
Volume Filter: Enable or disable the volume confirmation filter.
Higher Timeframe Filter: Choose to incorporate higher timeframe analysis and specify the desired timeframe.
Candlestick Patterns: Enable or disable the detection of candlestick patterns for additional signal confirmation.
SSL Baseline Type and Length: Customize the SSL baseline settings separately from the primary baseline.
Price Action Zones Settings:
Zone Thickness: Adjust the visual thickness of the support and resistance zones.
Lookback Period: Define how far back the indicator looks for pivot points.
ATR Multiplier for Zone Width: Set the multiplier for ATR to determine the dynamic width of the zones.
Maximum Number of Zones: Limit the number of support and resistance zones displayed.
Pivot Bars: Customize the number of bars to the left and right used for identifying pivot highs and lows.
Conclusion
The "Mars Signals - Precision Trend Analyzer with SSL Baseline & Price Action Zones" is a versatile and powerful tool that amalgamates essential technical analysis techniques into a single, user-friendly indicator. By providing clear visual signals and incorporating multiple layers of confirmation, it assists traders in identifying high-probability trading opportunities. Whether you are a day trader, swing trader, or long-term investor, this indicator can be tailored to suit your trading style and enhance your decision-making process.
To maximize the benefits of this indicator:
Understand Each Component: Familiarize yourself with how each part of the indicator contributes to the overall signal generation.
Customize Thoughtfully: Adjust the settings based on the asset class, market conditions, and your risk tolerance.
Practice Diligently: Use demo accounts or paper trading to practice and refine your strategy before deploying it in live markets.
Stay Informed: Continuously educate yourself on technical analysis and market dynamics to make the most informed decisions.
Disclaimer
Trading financial markets involves risk, and past performance is not indicative of future results. This indicator is a tool to aid in analysis and should not be the sole basis for any trading decision. Always conduct your own research and consider consulting with a licensed financial advisor.
ADX + Volume Strategy### Strategy Description: ADX and Volume-Based Trading Strategy
This strategy is designed to identify strong market trends using the **Average Directional Index (ADX)** and confirm trading signals with **Volume**. The idea behind the strategy is to enter trades only when the market shows a strong trend (as indicated by ADX) and when the price movement is supported by high trading volume. This combination helps filter out weaker signals and provides more reliable entries into positions.
### Key Indicators:
1. **ADX (Average Directional Index)**:
- **Purpose**: ADX is a technical indicator that measures the strength of a trend, regardless of its direction (up or down).
- **Usage**: The strategy uses ADX to determine whether the market is trending strongly. If ADX is above a certain threshold (default is 25), it indicates that a strong trend is present.
- **Directional Indicators**:
- **DI+ (Directional Indicator Plus)**: Indicates the strength of the upward price movement.
- **DI- (Directional Indicator Minus)**: Indicates the strength of the downward price movement.
- ADX does not indicate the direction of the trend but confirms that a trend exists. DI+ and DI- are used to determine the direction.
2. **Volume**:
- **Purpose**: Volume is a key indicator for confirming the strength of a price movement. High volume suggests that a large number of market participants are supporting the movement, making it more likely to continue.
- **Usage**: The strategy compares the current volume to the 20-period moving average of the volume. The trade signal is confirmed if the current volume is greater than the average volume by a specified **Volume Multiplier** (default multiplier is 1.5). This ensures that the trade is supported by strong market participation.
### Strategy Logic:
#### **Entry Conditions:**
1. **Long Position** (Buy):
- **ADX** is above the threshold (default is 25), indicating a strong trend.
- **DI+ > DI-**, signaling that the market is trending upward.
- The **current volume** is greater than the 20-period average volume multiplied by the **Volume Multiplier** (e.g., 1.5), indicating that the upward price movement is backed by sufficient market activity.
2. **Short Position** (Sell):
- **ADX** is above the threshold (default is 25), indicating a strong trend.
- **DI- > DI+**, signaling that the market is trending downward.
- The **current volume** is greater than the 20-period average volume multiplied by the **Volume Multiplier** (e.g., 1.5), indicating that the downward price movement is backed by strong selling activity.
#### **Exit Conditions**:
- Positions are closed when the opposite signal appears:
- **For long positions**: Close when the short conditions are met (ADX still above the threshold, DI- > DI+, and the volume condition holds).
- **For short positions**: Close when the long conditions are met (ADX still above the threshold, DI+ > DI-, and the volume condition holds).
### Parameters:
- **ADX Period**: The period used to calculate ADX (default is 14). This controls how sensitive the ADX is to price movements.
- **ADX Threshold**: The minimum ADX value required for the strategy to consider the market trend as strong (default is 25). Higher values focus on stronger trends.
- **Volume Multiplier**: This parameter adjusts how much higher the current volume needs to be compared to the 20-period moving average for the signal to be valid. A value of 1.5 means the current volume must be 50% higher than the average volume.
### Example Trade Flow:
1. **Long Trade Example**:
- ADX > 25, confirming a strong trend.
- DI+ > DI-, confirming that the trend direction is upward.
- The current volume is 50% higher than the 20-period average volume (multiplied by 1.5).
- **Action**: Enter a long position.
2. **Short Trade Example**:
- ADX > 25, confirming a strong trend.
- DI- > DI+, confirming that the trend direction is downward.
- The current volume is 50% higher than the 20-period average volume.
- **Action**: Enter a short position.
### Strengths of the Strategy:
- **Trend Filtering**: The strategy ensures that trades are only taken when the market is trending strongly (confirmed by ADX) and that the price movement is supported by high volume, reducing the likelihood of false signals.
- **Volume Confirmation**: Using volume as confirmation provides an additional layer of reliability, as volume spikes often accompany sustained price moves.
- **Dual Signal Confirmation**: Both trend strength (ADX) and volume conditions must be met for a trade, making the strategy more robust.
### Weaknesses of the Strategy:
- **Limited Effectiveness in Range-Bound Markets**: Since the strategy relies on strong trends, it may underperform in sideways or non-trending markets where ADX stays below the threshold.
- **Lagging Nature of ADX**: ADX is a lagging indicator, which means that it may confirm the trend after it has already begun, potentially leading to late entries.
- **Volume Requirement**: In low-volume markets, the volume multiplier condition may not be met often, leading to fewer trade opportunities.
### Customization:
- **Adjust the ADX Threshold**: You can raise the threshold if you want to focus only on very strong trends, or lower it to capture moderate trends.
- **Adjust the Volume Multiplier**: You can change the multiplier to be more or less strict. A higher multiplier (e.g., 2.0) will require a stronger volume spike to confirm the signal, while a lower multiplier (e.g., 1.2) will allow more trades with weaker volume confirmation.
### Summary:
This ADX and Volume strategy is ideal for traders who want to follow strong trends while ensuring that the trend is supported by high trading volume. By combining a trend strength filter (ADX) and volume confirmation, the strategy aims to increase the probability of entering profitable trades while reducing the number of false signals. However, it may underperform in range-bound markets or in markets with low volume.
Fibonacci Retracements & Trend Following Strategy V2This Pine Script strategy generates trading signals using Fibonacci levels and trend-following indicators.
1. Strategy Summary
This strategy analyzes price movements using a combination of Fibonacci levels and trend-following indicators, providing potential trading signals. The strategy includes Fibonacci levels as well as EMA (Exponential Moving Average) and ADX (Average Directional Index) indicators.
2. Indicators and Parameters
Fibonacci Levels
Fibonacci Level 1, Level 2, Level 3, Level 4: Used as Fibonacci retracement levels. These levels are typically set at 0.236, 0.382, 0.618, and 0.786. Users can adjust these values according to their preferences.
Trend-Following Indicator
Trend Length: The period for calculating the EMA used as the trend-following indicator. For example, if set to 20, the EMA will be calculated over 20 periods.
ADX (Average Directional Index)
ADX Length: The period for calculating the ADX. ADX measures the strength of the price trend and is usually set to 14 periods.
ADX Threshold: A threshold value for the ADX. This value determines when trading signals will be activated.
3. Usage Steps
Displaying the Indicator on the Chart:
On the TradingView platform, paste the code into the Pine Editor and click the "Add to Chart" button to add it to the chart.
Analyzing the Indicators:
Fibonacci Levels: Show retracement levels of price movements. When the price reaches one of these levels, potential reversals may occur.
Trend-Following Indicator: EMAs determine the direction of the trend. Green EMA represents an uptrend, while red EMA represents a downtrend.
ADX: Measures the strength of the trend. When ADX surpasses the threshold value, it indicates a strong trend.
Trading Signals:
Long Signal: Generated when the price is above the second Fibonacci level and the trend is upward. Additionally, the ADX value must be above the set threshold.
Short Signal: Generated when the price is below the second Fibonacci level and the trend is downward. Additionally, the ADX value must be above the set threshold.
Target Prices:
Long Targets: Determines upward targets based on Fibonacci levels. These targets indicate expected prices if the price reverses from Fibonacci levels.
Short Targets: Determines downward targets based on Fibonacci levels. These targets indicate expected prices if the price reverses from Fibonacci levels.
4. Chart Displays
Trend Up (Green Line): Shows the rising EMA.
Trend Down (Red Line): Shows the falling EMA.
Fibonacci Levels (Blue Lines): Shows Fibonacci retracement levels.
Long Targets (Green Circles): Shows targets for long positions.
Short Targets (Red Circles): Shows targets for short positions.
Long Signal (Green Label): Buy signal.
Short Signal (Red Label): Sell signal.
5. Important Notes
Retracement and Target Levels: Fibonacci levels can act as potential retracement or support/resistance levels. However, they should always be used in conjunction with other technical analysis tools.
Trend and ADX: ADX is used to determine the strength of the trend. Be aware that when ADX is low, trends may be weak.
6. Example Scenarios
Example 1: If the trend is upward (green EMA) and the price is above the second Fibonacci level, you may receive a long position signal. If the ADX value is above the threshold, the signal may be stronger.
Example 2: If the trend is downward (red EMA) and the price is below the second Fibonacci level, you may receive a short position signal. If the ADX value is above the threshold, the signal may be stronger.
This updated version contains significant improvements in both technical aspects and user experience. Innovations such as ADX calculations and dynamic Fibonacci levels make the strategy more robust and flexible. The code's readability and comprehensibility have been enhanced, and errors have been corrected.
This guide will help you understand the basic operation of the strategy. It is always recommended to conduct your own research and test the strategy before using it.
GOOD LUCK. // halilvarol
Advanced ADX [CryptoSea]The Advanced ADX Analysis is a sophisticated tool designed to enhance market analysis through detailed ADX calculations. This tool is built for traders who seek to identify market trends, strength, and potential reversals with higher accuracy. By leveraging the Average Directional Index (ADX), Directional Indicator Plus (DI+), and Directional Indicator Minus (DI-), this indicator offers a comprehensive view of market dynamics.
New Overlay Feature: This script uses the new 'force overlay' feature which lets you plot on the chart as well as plotting in an oscillator pane at the same time.
force_overlay=true
Key Features
Comprehensive ADX Tracking: Tracks ADX values along with DI+ and DI- to provide a complete view of market trend strength and direction. The ADX measures the strength of the trend, while DI+ and DI- indicate the trend direction. This combined analysis helps traders identify strong and weak trends with precision.
Trend Duration Monitoring: Monitors the duration of strong and weak trends, offering insights into trend persistence and potential reversals. By keeping track of how long the ADX has been above or below a certain threshold, traders can gauge the sustainability of the current trend.
Customizable Alerts: Features multiple alert options for strong trends, weak trends, and DI crossovers, ensuring traders are notified of significant market events. These alerts can be tailored to notify traders when certain conditions are met, such as when the ADX crosses a threshold or when DI+ crosses DI-.
Adaptive Display Options: Includes customizable background color settings and extended statistics display for in-depth market analysis. Users can choose to highlight strong or weak trends on the chart background, making it easier to visualize market conditions at a glance.
In the example below, we have a bullish scenario play out where the DI+ has been above the DI- for 11 candles and our dashboard shows the average is 10.48 candles. With the ADX above its threshold this would be a bullish signal.
This ended up in a 20%+ move to the upside. The dashboard will help point out things to consider when looking to exit the position, the DI+ getting close to the max DI+ duration would be a sign that momentum is weakening and that price may cool off or even reverse.
How it Works
ADX Calculation: Computes the ADX, DI+, and DI- values using a user-defined period. The ADX is derived from the smoothed average of the absolute difference between DI+ and DI-. This calculation helps determine the strength of a trend without considering its direction.
Trend Duration Analysis: Tracks and calculates the duration of strong and weak trends, as well as DI+ and DI- durations. This analysis provides a detailed view of how long a trend has been in place, helping traders assess the reliability of the trend.
Alert System: Provides a robust alert system that triggers notifications for strong trends, weak trends, and DI crossovers. The alerts are based on specific conditions such as the duration of the trend or the crossover of directional indicators, ensuring traders are informed about critical market movements.
Visual Enhancements: Utilizes color gradients and background settings to visually represent trend strength and duration. This feature enhances the visual analysis of trends, making it easier for traders to identify significant market changes at a glance.
In the example below, we see the ADX weakening after we have just had a move up, if you are looking to get into this position you want to see the ADX growing with either the DI+ or DI- breaking their average durations.
As you can see below, although the ADX manages to move above the threshold, there are no DI+/- breaks which is shown by price moving sideways. Not something most traders would be interested in.
Application
Strategic Decision-Making: Assists traders in making informed decisions by providing detailed analysis of ADX movements and trend durations. By understanding the strength and direction of trends, traders can better time their entries and exits.
Trend Confirmation: Reinforces trading strategies by confirming potential reversals and trend strength through ADX and DI analysis. This confirmation helps traders validate their trading signals, reducing the risk of false signals.
Customized Analysis: Adapts to various trading styles with extensive input settings that control the display and sensitivity of trend data. Traders can customize the indicator to suit their specific needs, making it a versatile tool for different trading strategies.
The Advanced ADX Analysis by is an invaluable addition to a trader's toolkit, offering depth and precision in market trend analysis to navigate complex market conditions effectively. With its comprehensive tracking, alert system, and customizable display options, this indicator provides traders with the tools they need to stay ahead of the market.
Filtered MACD with Backtest [UAlgo]The "Filtered MACD with Backtest " indicator is an advanced trading tool designed for the TradingView platform. It combines the Moving Average Convergence Divergence (MACD) with additional filters such as Moving Average (MA) and Average Directional Index (ADX) to enhance trading signals. This indicator aims to provide more reliable entry and exit points by filtering out noise and confirming trends. Additionally, it includes a comprehensive backtesting module to simulate trading strategies and assess their performance based on historical data. The visual backtest module allows traders to see potential trades directly on the chart, making it easier to evaluate the effectiveness of the strategy.
🔶 Customizable Parameters :
Price Source Selection: Users can choose their preferred price source for calculations, providing flexibility in analysis.
Filter Parameters:
MA Filter: Option to use a Moving Average filter with types such as EMA, SMA, WMA, RMA, and VWMA, and a customizable length.
ADX Filter: Option to use an ADX filter with adjustable length and threshold to determine trend strength.
MACD Parameters: Customizable fast length, slow length, and signal smoothing for the MACD indicator.
Backtest Module:
Entry Type: Supports "Buy and Sell", "Buy", and "Sell" strategies.
Stop Loss Types: Choose from ATR-based, fixed point, or X bar high/low stop loss methods.
Reward to Risk Ratio: Set the desired take profit level relative to the stop loss.
Backtest Visuals: Display entry, stop loss, and take profit levels directly on the chart with
colored backgrounds.
Alerts: Configurable alerts for buy and sell signals.
🔶 Filtered MACD : Understanding How Filters Work with ADX and MA
ADX Filter:
The Average Directional Index (ADX) measures the strength of a trend. The script calculates ADX using the user-defined length and applies a threshold value.
Trading Signals with ADX Filter:
Buy Signal: A regular MACD buy signal (crossover of MACD line above the signal line) is only considered valid if the ADX is above the set threshold. This suggests a stronger uptrend to potentially capitalize on.
Sell Signal: Conversely, a regular MACD sell signal (crossunder of MACD line below the signal line) is only considered valid if the ADX is above the threshold, indicating a stronger downtrend for potential shorting opportunities.
Benefits: The ADX filter helps avoid whipsaws or false signals that might occur during choppy market conditions with weak trends.
MA Filter:
You can choose from various Moving Average (MA) types (EMA, SMA, WMA, RMA, VWMA) for the filter. The script calculates the chosen MA based on the user-defined length.
Trading Signals with MA Filter:
Buy Signal: A regular MACD buy signal is only considered valid if the closing price is above the MA value. This suggests a potential uptrend confirmed by the price action staying above the moving average.
Sell Signal: Conversely, a regular MACD sell signal is only considered valid if the closing price is below the MA value. This suggests a potential downtrend confirmed by the price action staying below the moving average.
Benefits: The MA filter helps identify potential trend continuation opportunities by ensuring the price aligns with the chosen moving average direction.
Combining Filters:
You can choose to use either the ADX filter, the MA filter, or both depending on your strategy preference. Using both filters adds an extra layer of confirmation for your signals.
🔶 Backtesting Module
The backtesting module in this script allows you to visually assess how the filtered MACD strategy would have performed on historical data. Here's a deeper dive into its features:
Backtesting Type: You can choose to backtest for buy signals only, sell signals only, or both. This allows you to analyze the strategy's effectiveness in different market conditions.
Stop-Loss Types: You can define how stop-loss orders are placed:
ATR (Average True Range): This uses a volatility measure (ATR) multiplied by a user-defined factor to set the stop-loss level.
Fixed Point: This allows you to specify a fixed dollar amount or percentage value as the stop-loss.
X bar High/Low: This sets the stop-loss at a certain number of bars (defined by the user) above/below the bar's high (for long positions) or low (for short positions).
Reward-to-Risk Ratio: Define the desired ratio between your potential profit and potential loss on each trade. The backtesting module will calculate take-profit levels based on this ratio and the stop-loss placement.
🔶 Disclaimer:
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
ADX-DI - Made EasyThis indicator is a visually improved version of ADX. It makes it much easier to see what's happening by simplifying those confusing, intersecting lines. With this, you can detect the ADX direction more clearly. All the features are also explained in the tooltips of the input fields. Some extra features are included, such as average top and bottom calculation and divergences.
Please note that the divergences on ADX are just experimental and are based on calculations, so there is no guarantee the direction will change.
Scalper's Volatility Filter [QuantraSystems]Scalpers Volatility Filter
Introduction
The 𝒮𝒸𝒶𝓁𝓅𝑒𝓇'𝓈 𝒱𝑜𝓁𝒶𝓉𝒾𝓁𝒾𝓉𝓎 𝐹𝒾𝓁𝓉𝑒𝓇 (𝒮𝒱𝐹) is a sophisticated technical indicator, designed to increase the profitability of lower timeframe trading.
Due to the inherent decrease in the signal-to-noise ratio when trading on lower timeframes, it is critical to develop analysis methods to inform traders of the optimal market periods to trade - and more importantly, when you shouldn’t trade.
The 𝒮𝒱𝐹 uses a blend of volatility and momentum measurements, to signal the dominant market condition - trending or ranging.
Legend
The 𝒮𝒱𝐹 consists of a signal line that moves above and below a central zero line, serving as the indication of market regime.
When the signal line is positioned above zero, it indicates a period of elevated volatility. These periods are more profitable for trading, as an asset will experience larger price swings, and by design, trend-following indicators will give less false signals.
Conversely, when the signal line moves below zero, a low volatility or mean-reverting market regime dominates.
This distinction is critical for traders in order to align strategies with the prevailing market behaviors - leveraging trends in volatile markets and exercising caution or implementing mean-reversion systems in periods of lower volatility.
Case Study
Here we can see the indicator's unique edge in action.
Out of the four potential long entries seen on the chart - displayed via bar coloring, two would result in losses.
However, with the power of the 𝒮𝒱𝐹 a trader can effectively filter false signals by only entering momentum-trades when the signal line is above zero.
In this small sample of four trades, the 𝒮𝒱𝐹 increased the win rate from 50% to 100%
Methodology
The methodology behind the 𝒮𝒱𝐹 is based upon three components:
By calculating and contrasting two ATR’s, the immediate market momentum relative to the broader, established trend is calculated. The original method for this can be credited to the user @xinolia
A modified and smoothed ADX indicator is calculated to further assess the strength and sustainability of trends.
The ‘Linear Regression Dispersion’ measures price deviations from a fitted regression line, adding further confluence to the signals representation of market conditions.
Together, these components synthesize a robust, balanced view of market conditions, enabling traders to help align strategies with the prevailing market environment, in order to potentially increase expected value and win rates.
UP DOWN Indicator 1Title: UP DOWN Indicator based on ADX Strategy - Accurate Signal Provider with Enhanced Success Potential
Description:
The Martingale ADX Indicator is a groundbreaking tool meticulously crafted to offer traders unparalleled precision in signal generation and risk management. Leveraging the power of the Average Directional Index (ADX), this indicator provides 100% non-repaint signals on the current candle, guiding traders to opportune and prepare for trade entry with remarkable accuracy.
With a focus on empowering traders across various financial markets, including Forex and Binary Options, this ADX Strategy-1 Indicator introduces a unique approach to trading dynamics. By seamlessly integrating the renowned Martingale Step-1 risk management strategy, this indicator not only minimizes losses but also enhances the potential for success, even in volatile market conditions.
Key Features:
Non-Repaint Signals: The Martingale ADX Indicator stands as a testament to reliability, offering 100% non-repaint signals. Traders can trust in the consistency and not removing losing Signals which is very important to trust the previous generated signals also, eliminating uncertainties and facilitating confident decision-making.
ADX-Based Precision: Built upon the robust framework of the Average Directional Index (ADX), this indicator delivers precise signals tailored to prevailing market trends and volatility levels. Whether trading in longer timeframes or engaging in Binary Options, traders can rely on the Martingale Step-1 ADX Indicator for superior insights.
Next Candle Trading: Seamlessly integrated into trading strategies, signals from the Martingale ADX Indicator prompt action on the subsequent candle. This real-time approach ensures traders stay ahead of market movements, seizing opportunities as they emerge. Giving Signals Once Candle ahead makes traders to prepare early and decide whether they want to enter the trade on presented Signal or not as per their own experience too. If the trading candle is loss then the very next candle shall be used for taking Martingale Sep-1 to enhance the Accuracy.
Enhanced Success Potential: With Martingale Step-1 risk management, this ADX Indicator offers more than just signal accuracy – it presents the potential for heightened success rates. Through strategic position sizing and leveraging experience and Price Action insights, traders can elevate overall accuracy to levels ranging from 80% to 90%.
Conclusion:
The UP DOWN Strategy-1 Indicator represents a paradigm shift in trading technology, combining precision signal generation with advanced risk management strategies. Whether you're a seasoned trader or just starting your journey, this indicator empowers you to navigate financial markets with confidence and achieve consistent results.
Experience the difference with the Martingale ADX Indicator – where reliability meets profitability, and success becomes attainable with every trade.
Trade wisely, and may your ventures be marked by prosperity and fulfillment.
Pardon for any descriptive language grammatical error and comment about this indicator and to get my other strategy as well. Happy trading !!
Risk Disclaimer:
Trading in financial markets carries inherent risks and should be approached with caution. It is imperative to exercise sound judgment and trade only with funds that you can afford to lose. We strongly advise against using borrowed funds for trading purposes. First practice on demo for own learning then make decision wisely.
ADX Thrust Reversal & Trend
Created by Love Sharma, CMT, CFTe
the idea is simple. there needs to be thrust in prices before adx goes above any barrier or level say 25/10 or even 10/ The Di plus or Di minus should be above ADX. This indicates the change in direction or change in underlying price and obviously followed by ADX indicator which is dependent on user which level it exceed.
The ADX - Shows Trend Strength
The =/- Di show Thrust or reversal in prices.
it helps in entering the directional change in prices early rather than waiting for ADX
Monthly Performance Table by Dr. MauryaWhat is this ?
This Strategy script is not aim to produce strategy results but It aim to produce monthly PnL performance Calendar table which is useful for TradingView community to generate a monthly performance table for Own strategy.
So make sure to read the disclaimer below.
Why it is required to publish?:
I am not satisfied with the monthly performance available on TV community script. Sometimes it is very lengthy in code and sometimes it showing the wrong PNL for current month.
So I have decided to develop new Monthly performance or return in value as well as in percentage with highly flexible to adjust row automatically.
Features :
Accuracy increased for current month PnL.
There are 14 columns and automatically adjusted rows according to available trade years/month.
First Column reflect the YEAR, from second column to 13 column reflect the month and 14 column reflect the yearly PnL.
In tabulated data reflects the monthly PnL (value and (%)) in month column and Yearly PnL (value and (%)) in Yearly column.
Various color input also added to change the table look like background color, text color, heading text color, border color.
In tabulated data, background color turn green for profit and red for loss.
Copy from line 54 to last line as it is in your strategy script.
Credit: This code is modified and top up of the open-source code originally written by QuantNomad. Thanks for their contribution towards to give base and lead to other developers. I have changed the way of determining past PnL to array form and keep separated current month and year PnL from array. Which avoid the false pnl in current month.
Strategy description:
As in first line I said This strategy is aim to provide monthly performance table not focused on the strategy. But it is necessary to explain strategy which I have used here. Strategy is simply based on ADX available on TV community script. Long entry is based on when the difference between DIPlus and ADX is reached on certain value (Set value in Long difference in Input Tab) while Short entry is based on when the difference between DIMinus and ADX is reached on certain value (Set value in Short difference in Input Tab).
Default Strategy Properties used on chart(Important)
This script backtest is done on 1 hour timeframe of NSE:Reliance Inds Future cahrt, using the following backtesting properties:
Balance (default): 500 000 (default base currency)
Order Size: 1 contract
Comission: 20 INR per Order
Slippage: 5 tick
Default setting in Input tab
Len (ADX length) : 14
Th (ADX Threshhold): 20
Long Difference (DIPlus - ADX) = 5
Short Difference (DIMinus - ADX) = 5
We use these properties to ensure a realistic preview of the backtesting system, do note that default properties can be different for various reasons described below:
Order Size: 1 contract by default, this is to allow the strategy to run properly on most instruments such as futures.
Comission: Comission can vary depending on the market and instrument, there is no default value that might return realistic results.
We strongly recommend all users to ensure they adjust the Properties within the script settings to be in line with their accounts & trading platforms of choice to ensure results from the strategies built are realistic.
Disclaimer:
This script not provide indicative of any future results.
This script don’t provide any financial advice.
This strategy is only for the readymade snippet code for monthly PnL performance calender table for any own strategy.
two_ma_logicLibrary "two_ma_logic"
The core logic for the two moving average strategy that is used as an example for the internal logic of
the "Template Trailing Strategy" and the "Two MA Signal Indicator"
ma(source, maType, length)
ma - Calculate the moving average of the given source for the given length and type of the average
Parameters:
source (float) : - The source of the values
maType (simple string) : - The type of the moving average
length (simple int) : - The length of the moving average
Returns: - The resulted value of the calculations of the moving average
getDealConditions(drawings, longDealsEnabled, shortDealsEnabled, endDealsEnabled, cnlStartDealsEnabled, cnlEndDealsEnabled, emaFilterEnabled, emaAtrBandEnabled, adxFilterEnabled, adxSmoothing, diLength, adxThreshold)
Parameters:
drawings (TwoMaDrawings)
longDealsEnabled (simple bool)
shortDealsEnabled (simple bool)
endDealsEnabled (simple bool)
cnlStartDealsEnabled (simple bool)
cnlEndDealsEnabled (simple bool)
emaFilterEnabled (simple bool)
emaAtrBandEnabled (simple bool)
adxFilterEnabled (simple bool)
adxSmoothing (simple int)
diLength (simple int)
adxThreshold (simple float)
TwoMaDrawings
Fields:
fastMA (series__float)
slowMA (series__float)
emaLine (series__float)
emaUpperBand (series__float)
emaLowerBand (series__float)
Heeger Alert | Didi's Needles setup [HeegerBot]Indicator based on Color Candles - Didi's Needles setup , but now exclusively focused on generating alerts.
With this indicator, you can set up alerts and notifications on TradingView for up to 15 assets based on Didi Aguiar's setup. Additionally, you can specify whether the alert should trigger at the candle close or X minutes before the close.
A session filter has also been added, allowing you to configure alerts to trigger only during a specific session.
Description of monitored signals:
The setup involves the crossing of three moving averages, along with the trend analysis in the ADX and the open Bollinger Bands.
The moving averages will be named "Didi Index". We will have the 3-period average as "Fast Average", the 8-period average as "Median Average", and the 20-period average as "Slow Average". When the Fast Average crosses the Median Average, we will have an alert, and when the Slow Average crosses the Median Average, we will have a confirmation. To adjust the Didi Index in the signals, the Median Average was normalized, that is, it will always be equal to 0. For the Slow and Fast Average, we will only consider the percentage difference in relation to the Median Average.
In addition to the moving averages, we analyze whether the ADX is rising, with DI+ above DI- to indicate an uptrend, or if the ADX is rising, with DI- above DI+ to indicate a downtrend. We also check if the Bollinger Bands are open. With these conditions, we will have a Needle.
Now I'm going to detail how I set this up on the indicator and some filters that I inserted for my personal use, along with some additional signals from the setup.
# Needle Alert
Firstly, we have the "Needle Alert" signal. This signal occurs when the Fast Average crosses the Median Average, along with the trend confirmation in the ADX and the opening of the Bollinger Bands. The filter is set at "1", which means we will only consider the needle alert when the percentage difference between the Slow Average and the Median Average is below 1%. This signal can be used as an entry point or to monitor the asset. Let's go through the examples:
• For a "Buy Alert", the Fast Average must cross the Median Average from bottom to top, and the percentage difference between the Slow Average and the Median Average should be less than +1% and greater than 0, as indicated by the Didi Index.
• For a "Sell Alert", the Fast Average must cross the Median Average from top to bottom, and the percentage difference between the Slow Average and the Median Average should be greater than -1% and less than 0, as indicated by the Didi Index.
We also have the alert projection, which serves as a signal to attract attention and monitor the asset. I use a "0.1" filter, which means that the percentage difference between the Fast Average and the Median Average must be equal to or less than 0.1%. Let's look at the example:
• For a "Buy Alert Projection", the Fast Average should be below the Median Average, and the percentage difference between the Fast Average and the Median Average should be greater than -0.1% and less than 0. In addition, the Slow Average should be above the Median Average in the Didi Index.
• For a "Buy Alert Projection", the Fast Average should be below the Median Average, and the percentage difference between the Fast Average and the Median Average should be greater than -0.1% and less than 0. In addition, the Slow Average should be above the Median Average in the Didi Index.
# Needle
After the Needle Alert, we have the Needle Confirmation, which occurs when the Slow Average crosses the Median Average after the alert. This signal is used to enter the operation. Let's divide this signal into two parts:
1. Needle: We use a filter of "3" (adjustable). This means that, to be considered a "Needle", the candle distance between the Alert (crossing of the Fast Average with the Median Average) and the Confirmation (crossing of the Slow Average with the Median Average) must be equal to or less than 3 candles. Also, there needs to be a trend on the ADX and the Bollinger Bands should be open.
2. Queijo Minas Needle (QM): Essentially, it's a Needle that occurs outside of the filter, with a candle distance between the Alert and the Confirmation above "3" candles. A trend on the ADX and open Bollinger Bands are also necessary.
To anticipate the Needle Confirmation, we use the "Needle Projection" signal. This signal has two filters: the "Needle Projection with Alert", set as "0.1%", and the "Needle Projection after the Alert", set as "0.3%".
1. The "Needle Projection with Alert" generates the signal when the "Needle Alert" occurs (crossing of the Fast Average with the Median Average), as long as the difference between the Slow Average and the Median Average is less than 0.1%.
2. The "Needle Projection after the Alert" generates the signal when the Fast Average has already crossed the Median Average, and the difference between the Slow Average and the Median Average should be less than 0.3%.
# BJMA (Spider Woman's Kiss)
There is another variation of the needle called BJMA. Essentially, it occurs when the Fast Average and the Slow Average approach the Median Average (each on one pole), but do not cross the Median and return to where they came from. In this signal, we have two filters: "Delta BJMA previous candle" and "Delta BJMA current candle". Let's see an example:
• Buy BJMA: First, we observe the previous candle, where the Fast Average must be above 0 (above the Median Average) and the percentage difference should be less than 0.02. In relation to the Slow Average, the configuration is the same, but in the negative sense, that is, it should be below 0 and above -0.02. Now, in the current candle, the Fast Average should be above 0 and below 0.05, while the Slow Average should be below 0 and above -0.05.
• Sell BJMA: First, we observe the previous candle, where the Fast Average must be below 0 (below the Median Average) and the percentage difference should be greater than -0.02. In relation to the Slow Average, the configuration is the same, but in the positive sense, that is, it should be above 0 and below 0.02. Now, in the current candle, the Fast Average should be below 0 and above -0.05, while the Slow Average should be above 0 and below 0.05.
Now, let's look at two signals that are commonly used to stay in a position.
# Fake Point
The Fake Point is primarily used to identify retracements before a continuation of the prevailing trend. Typically, it is preceded by a Needle Confirmation or BJMA signal. Here are some examples:
• Fake Sell (Signal to Maintain a Buy Position): The Fast Average crosses the Median from top to bottom (entering the negative pole of the Didi Index), while the Slow Average, which is already below the Median (below 0), continues to decline further, increasing the percentage difference between the Fast and Slow Averages in the negative pole.
• Fake Buy (Signal to Maintain a Sell Position): It is the same as the fake sell scenario but in the positive pole. The Fast Average crosses the Median, entering the positive pole of the Didi Index, while the Slow Average, which was already above the Median, continues to increase the percentage difference with the Median. For example, if the Slow Average was at +1 on the Didi Index, it would now be at +1.3.
There is also another variation of the Fake Breakout that takes into consideration the ADX (Average Directional Index) to confirm the trend direction. In other words, if we have a fake sell signal that suggests a buy position, we want the ADX to indicate a buying trend, and vice versa.
# Bought and Sold
This signal basically checks whether the indicators continue to confirm the previous signals. There are two variations: "Bought/Sold" and "Bought/Sold without Bollinger Bands". Let's see an example:
• Bought: The Didi Index is in the buying position, which means the Fast Average is above the Median Average (above 0), and the Slow Average is below the Median Average. Additionally, the ADX is indicating a buying trend and the Bollinger Bands are open.
• Sold: The Didi Index is in the selling position, which means the Fast Average is below 0 and the Slow Average is above 0. Moreover, the ADX is indicating a selling trend and the Bollinger Bands are open.
• Bought/Sold without Bollinger Bands: It's the same signal, but without considering whether the Bollinger Bands are open or not.
We can also consider the "Bought/Sold" signal based on the Trix and Stochastic, which would be additional confirmations of the movement.
Personally, I do not activate the Bought/Sold signal.
Now we come to signals to exit the position or take partial profits.
# Close
This exit signal is based on the following indicators: ADX, Bollinger Bands, Trix, and Stochastic. We wait for the ADX Kick or the falling ADX, along with the Bollinger Bands closing, and the Trix and Stochastic changing to the opposite side. Let's see some examples:
• Close a Buy: The ADX was in a buying trend (ADX rising and DI+ above DI-), but then the ADX Kick occurs or the ADX starts to fall. In addition, the Bollinger Bands close, and the Trix and Stochastic should switch to the sell signal.
• Close a Sell: The ADX was in a selling trend (ADX rising and DI- above DI+), but then the ADX Kick occurs or the ADX starts to fall. Also, the Bollinger Bands close, and the Trix and Stochastic should switch to the buy signal.
All indicators must provide signals together, but it is not necessary for all to occur in the exact same candle. For example:
1. The ADX Kick may occur, and the Trix and Stochastic switch to the buy signal, but the Bollinger Bands still remain open. In this case, we still do not have the exit signal.
2. In the next candle, the ADX continues to fall (after the Kick), the Trix and Stochastic continue to indicate buying, but this time the Bollinger Bands close. In this case, we have the "Close a Sell" signal.
It is important that all indicators are in accordance with the necessary signals, even if they occur in different candles, in order for the exit signal to be triggered.
# Close with Alert
This signal occurs when the Didi Index switches to the opposite side from where it was, along with a trend on the ADX, provided it's not a fake point. Let's see some examples:
• Close Buy - Sell Alert: Suppose we were in a buy position on the previous candle. In the current candle, the Fast Average crosses the Median Average from top to bottom, and the ADX indicates a sell trend. In this case, we completely close our buy position or make a partial realization.
• Close Sell - Buy Alert: Suppose we were in a sell position on the previous candle. In the current candle, the Fast Average crosses the Median Average from bottom to top, and the ADX indicates a buy trend. In this case, we completely close our sell position or make a partial realization.
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Indicador baseado no Color Candles - Didi's Needles setup , mas agora focado exclusivamente na geração de alertas.
Com esse indicador, você pode configurar alertas e notificações no TradingView para até 15 ativos com base no setup de Didi Aguiar. Além disso, é possível definir se o alerta deve ser acionado no fechamento do candle ou X minutos antes do fechamento.
Também foi adicionado um filtro de sessão que permite configurar os alertas para serem acionados apenas durante uma sessão específica.
Descrição dos sinais monitorados:
O setup consiste no cruzamento de 3 médias móveis, juntamente com a análise da tendência no ADX e das bandas de Bollinger abertas.
As médias móveis serão nomeadas "Didi Index". Teremos a média de 3 períodos como "Média Rápida", a média de 8 períodos como "Média Mediana" e a média de 20 períodos como "Média Lenta". Quando a Média Rápida cruzar a Média Mediana, teremos um alerta e, quando a Média Lenta cruzar a Média Mediana, teremos uma confirmação. Para ajustar o Didi Index nos sinais, a Média Mediana foi normalizada, isto é, ela sempre será igual a 0. Para a Média Lenta e a Média Rápida, levaremos em consideração apenas a diferença percentual em relação à Média Mediana.
Além das médias móveis, analisamos se o ADX está em ascensão, com o DI+ acima do DI- para indicar uma tendência de alta, ou se o ADX está subindo, com o DI- acima do DI+ para indicar uma tendência de baixa. Também verificamos se as bandas de Bollinger estão abertas. Com essas condições, teremos uma Agulhada.
Agora vou detalhar como estabeleci isso no indicador e alguns filtros que inseri para o meu uso pessoal, além de alguns sinais adicionais do setup.
# Alerta de Agulhada
Primeiramente, temos o sinal de "Alerta de Agulhada". Este sinal acontece quando a Média Rápida cruza a Média Mediana, junto com a confirmação da tendência no ADX e a abertura das Bandas de Bollinger. O filtro está ajustado em "1", o que significa que só levaremos em consideração o alerta de agulhada quando a diferença percentual entre a Média Lenta e a Média Mediana estiver abaixo de 1%. Esse sinal pode ser utilizado como um ponto de entrada ou para monitorar o ativo. Vamos aos exemplos:
• Para um "Alerta de Compra", a Média Rápida deve cruzar a Média Mediana de baixo para cima, e a diferença percentual entre a Média Lenta e a Média Mediana deve ser menor que +1% e maior que 0, conforme indicado pelo Didi Index.
• Para um "Alerta de Venda", a Média Rápida deve cruzar a Média Mediana de cima para baixo, e a diferença percentual entre a Média Lenta e a Média Mediana deve ser maior que -1% e menor que 0, conforme indicado pelo Didi Index.
Também temos a projeção do alerta, que serve como um sinal para chamar atenção e monitorar o ativo. Eu uso um filtro de "0.1", o que significa que a diferença percentual entre a Média Rápida e a Média Mediana deve ser igual ou menor que 0.1%. Vamos ver o exemplo:
• Para uma "Projeção de Alerta de Compra", a Média Rápida deve estar abaixo da Média Mediana, e a diferença percentual entre a Média Rápida e a Média Mediana deve ser maior que -0.1% e menor que 0. Além disso, a Média Lenta deve estar acima da Média Mediana no Didi Index.
• Para uma "Projeção de Alerta de Compra", a Média Rápida deve estar abaixo da Média Mediana, e a diferença percentual entre a Média Rápida e a Média Mediana deve ser maior que -0.1% e menor que 0. Além disso, a Média Lenta deve estar acima da Média Mediana no Didi Index.
# Agulhada
Após o Alerta de Agulhada, temos a confirmação da Agulhada, que ocorre quando a Média Lenta cruza a Média Mediana após o alerta. Esse sinal é utilizado para entrar na operação. Vamos dividir esse sinal em duas partes:
1. Agulhada: Utilizamos um filtro de "3" (ajustável). Isso significa que, para ser considerada uma "Agulhada", a distância em velas entre o Alerta (cruzamento da Média Rápida com a Média Mediana) e a Confirmação (cruzamento da Média Lenta com a Média Mediana) deve ser igual ou menor que 3 velas. Além disso, é necessário ter uma tendência no ADX e as Bandas de Bollinger devem estar abertas.
2. Agulhada Queijo Minas (QM): Basicamente, é uma agulhada que ocorre fora do filtro, com uma distância em velas entre o Alerta e a Confirmação acima de "3" velas. Também é necessário ter uma tendência no ADX e as Bandas de Bollinger devem estar abertas.
Para antecipar a confirmação da Agulhada, utilizamos o sinal de "Projeção de Agulhada". Esse sinal possui dois filtros: o "Projeção de Agulhada com Alerta", configurado como "0.1%", e o "Projeção de Agulhada após o Alerta", configurado como "0.3%".
1. "Projeção de Agulhada com Alerta" gera o sinal quando ocorre o "Alerta de Agulhada" (cruzamento da Média Rápida com a Média Mediana), desde que a diferença entre a Média Lenta e a Média Mediana seja menor que 0.1%.
2. "Projeção de Agulhada após o Alerta" gera o sinal quando a Média Rápida já cruzou a Média Mediana, e a diferença entre a Média Lenta e a Média Mediana deve ser menor que 0.3%.
# BJMA (Beijo da Mulher Aranha)
Existe uma outra variação da agulhada chamada BJMA. Essencialmente, ocorre quando a Média Rápida e a Média Lenta se aproximam da Média Mediana (cada uma em um polo), mas não cruzam a Mediana e voltam para o lado de onde vieram. Nesse sinal, temos dois filtros: "Delta BJMA vela anterior" e "Delta BJMA vela atual". Vejamos um exemplo:
• BJMA de Compra: Primeiramente, observamos a vela anterior, onde a Média Rápida deve estar acima de 0 (acima da Média Mediana) e a diferença percentual deve ser menor que 0.02. Em relação à Média Lenta, a configuração é a mesma, porém no sentido negativo, ou seja, ela deve estar abaixo de 0 e acima de -0.02. Agora, na vela atual, a Média Rápida deve estar acima de 0 e abaixo de 0.05, enquanto a Média Lenta deve estar abaixo de 0 e acima de -0.05.
• BJMA de Venda: Primeiramente, observamos a vela anterior, onde a Média Rápida deve estar abaixo de 0 (abaixo da Média Mediana) e a diferença percentual deve ser maior que -0.02. Em relação à Média Lenta, a configuração é a mesma, porém no sentido positivo, ou seja, ela deve estar acima de 0 e abaixo de 0.02. Agora, na vela atual, a Média Rápida deve estar abaixo de 0 e acima de -0.05, enquanto a Média Lenta deve estar acima de 0 e abaixo de 0.05.
Agora vamos abordar dois sinais que são normalmente utilizados para manter uma posição.
# Ponto Falso (Fake Point)
O Ponto Falso é usado para identificar uma retração antes de retomar o movimento. Geralmente, ele ocorre após um sinal de Agulhada ou BJMA. Vejamos exemplos:
• Venda Falsa (sinal para manter uma posição de compra): A Média Rápida cruza a Média Mediana de cima para baixo (entrando no polo negativo do Didi Index), enquanto a Média Lenta, que já está abaixo da Média Mediana (abaixo de 0), continua caindo, aumentando assim a diferença percentual entre a Média Lenta e a Média Mediana no polo negativo.
• Compra Falsa (sinal para manter uma posição de venda): O cenário é semelhante, mas no polo positivo. A Média Rápida cruza a Média Mediana, passando para o lado positivo do Didi Index, enquanto a Média Lenta, que já estava acima da Média Mediana, continua aumentando a diferença percentual em relação à Média Mediana. Por exemplo, se a Média Lenta estava em +1 no Didi Index, agora ela está em +1.3.
Também existe uma variação do Ponto Falso em que verificamos se a tendência no ADX está se mantendo na mesma direção. Ou seja, se tivermos uma Venda Falsa (que seria um sinal para permanecermos em uma posição de compra), é importante que o ADX esteja indicando uma tendência de compra, e vice-versa. Dessa forma, consideramos não apenas o cruzamento das médias, mas também a confirmação da tendência no ADX. Essa variação é chamada de Ponto Falso com Tendência (Fake Point with Trend).
# Comprado e Vendido
Esse sinal, essencialmente, verifica se os indicadores estão mantendo a confirmação dos sinais anteriores. Existem duas variações: "Comprado/Vendido" e "Comprado/Vendido sem Bandas de Bollinger". Vejamos um exemplo:
• Comprado: O Didi Index está em compra, o que significa que a Média Rápida está acima da Média Mediana (acima de 0) e a Média Lenta está abaixo da Média Mediana. Além disso, o ADX está indicando uma tendência de compra e as Bandas de Bollinger estão abertas.
• Vendido: O Didi Index está em venda, o que significa que a Média Rápida está abaixo de 0 e a Média Lenta está acima de 0. Além disso, o ADX está indicando uma tendência de venda e as Bandas de Bollinger estão abertas.
• Comprado/Vendido sem Bollinger: É o mesmo sinal, porém sem considerar se as Bandas de Bollinger estão abertas ou não.
Podemos também considerar o "Comprado/Vendido" com base no Trix e no Estocástico, que seriam confirmações adicionais do movimento.
Eu, pessoalmente, não deixo ativado o sinal de Comprado/Vendido.
Agora chegamos aos sinais de saída da posição ou de realização parcial.
# Fechar (Close)
Este sinal de saída baseia-se nos seguintes indicadores: ADX, Bandas de Bollinger, Trix e Estocástico. Aguardamos o Kick do ADX ou o ADX em queda, juntamente com as Bandas de Bollinger se fechando, e o Trix e o Estocástico mudando para o lado oposto. Vamos ver alguns exemplos:
• Fechar uma Compra (Close Buy): O ADX estava em uma tendência de compra (ADX subindo e DI+ acima do DI-), mas em seguida ocorre o Kick do ADX ou o ADX começa a cair. Além disso, as Bandas de Bollinger se fecham e o Trix e o Estocástico devem mudar para o sinal de venda.
• Fechar uma Venda (Close Sell): O ADX estava em uma tendência de venda (ADX subindo e DI- acima do DI+), mas em seguida ocorre o Kick do ADX ou o ADX começa a cair. Além disso, as Bandas de Bollinger se fecham e o Trix e o Estocástico devem mudar para o sinal de compra.
Todos os indicadores devem fornecer os sinais em conjunto, mas não é necessário que todos ocorram exatamente na mesma vela. Por exemplo:
1. Pode ocorrer o Kick do ADX e o Trix e o Estocástico mudarem para o sinal de compra, mas as Bandas de Bollinger ainda permanecerem abertas. Nesse caso, ainda não teremos o sinal de saída.
2. No candle seguinte, o ADX continua caindo (após o Kick), o Trix e o Estocástico continuam indicando compra, mas desta vez as Bandas de Bollinger se fecham. Nesse caso, teremos o sinal de "Fechamento de uma Venda".
É importante que todos os indicadores estejam em conformidade com os sinais necessários, mesmo que ocorram em velas diferentes, para que seja acionado o sinal de saída.
# Fechar com Alerta (Close with Alert)
Esse sinal ocorre quando o Didi Index muda para o lado oposto do que estava, juntamente com uma tendência no ADX, desde que não seja um ponto falso. Vejamos exemplos:
• Fechar Compra - Alerta de Venda: Suponha que estávamos em uma posição de compra no candle anterior. No candle atual, a Média Rápida cruza a Média Mediana de cima para baixo, e o ADX indica uma tendência de venda. Nesse caso, encerramos completamente nossa posição de compra ou realizamos uma realização parcial.
• Fechar Venda – Alerta de Compra: Suponha que estávamos em uma posição de venda no candle anterior. No candle atual, a Média Rápida cruza a Média Mediana de baixo para cima, e o ADX indica uma tendência de compra. Nesse caso, encerramos completamente nossa posição de venda ou realizamos uma realização parcial.
Volume Based RSI with ADXThe RSI indicator is a powerful tool that utilizes both volume and time to determine market trends. When there is a low volume of trades in a short period of time, but the trading activity is high, it is considered bullish or bearish. In the case of a bullish trend, the RSI indicator will display a green color, while a bearish trend will be represented by a red color. If there is no trading activity, the indicator will display a gray color. Additionally, if the ADX level meets the threshold level, the indicator will display a blue color. However, if the ADX level does not meet the threshold level, the indicator will revert back to displaying a gray color.
TTP SuperTrend ADXThis indicator uses the strength of the trend from ADX to decide how the SuperTrend (ST) should behave.
Motivation
ST is a great trend following indicator but it's not capable of adapting to the trend strength.
The ADX, Average Directional Index measures the strength of the trend and can be use to dynamically tweak the ST factor so that it's sensitivity can adapt to the trend strength.
Implementation
The indicator calculates a normalised value of the ADX based on the data available in the chart.
Based on these values ST will use different factors to increase or reduce the factor use by ST: expansion or compression.
ST expansion vs compression
Expanding the ST would mean that the stronger a trends get the ST factor will grow causing it to distance further from the price delaying the next ST trend flip.
Compressing the ST would mean that the stronger a trends get the ST factor will shrink causing it to get closer to the price speeding up the next ST trend flip.
Features
- Alerts for trend flip
- Alerts for trend status
- Backtestable stream
- SuperTrend color gets more intense with the strength of the trend
Support Resistance BreakthroughThe Support Resistance Breakthrough (SRB) is a comprehensive technical indicator that aims to evaluate market strength and detect potential breakout opportunities. It integrates the following elements:
ADX (Average Directional Index): Helps measure the overall trend strength. You can adjust both the ADX length and smoothing length.
ATR (Average True Range): Provides a measure of market volatility.
RSI (Relative Strength Index): Measures the momentum and helps identify overbought or oversold conditions.
Weighting Scheme: The weighting scheme adds or subtracts a fraction of the ROC of RSI, modulated by ATR and ADX. The weighting percentage can be customized.
Normalization Option: Allows the user to plot normalized values, scaling them between 0 and 100.
Horizontal Lines: Useful reference lines at 0, 50, and 100, displayed when normalization is used.
Interpretation: When the indicator is above the 0 line (or 50 when normalized), there's a high chance of breaking through resistance. Conversely, when it's below the 0 line, there's a high chance of breaking through support. Together with a momentum indicator, such as RSI and/or Stochastic RSI, this indicator functions excellently.
The combination of these elements makes the SRB an adaptable tool for various trading strategies. It can help identify potential breakout or breakdown areas and gauge the underlying strength of the market.
Compatibility with Adjustable Fibonacci Retracement Indicator: Together with the SRB indicator, the AFIBR can make it easier to determine the likelihood of breaking through support or resistance.
Buy Only Strategy with Dynamic Re-Entry and ExitThe strategy aims to create a simple buy-only trading system based on moving average crossovers and the Weekly Commodity Channel Index (CCI) or Weekly Average Directional Index (ADX). It generates buy signals when the fast-moving average crosses above the slow-moving average and when the Weekly CCI and or Weekly ADX meet the specified conditions.
The strategy also allows for dynamic re-entry, which means it can open new long positions if the price goes above the three moving averages after an exit. However, the strategy will exit the long position if the price closes below the third moving average.
ENTRY CONDITIONS
The script defines the conditions for generating buy signals. It checks for two conditions for a valid buy signal:
• If the fast-moving average crosses above the slow-moving average -THERE IS Dynamic Re-Entry also
• If the user chooses HE OR SHE CAN FILTER TRADES BY USING CCI OR ADX
Dynamic Re-Entry:
the script allows for dynamic re-entry. If there is no active long position and the price is above all three moving averages a new long position is opened.
Exit Conditions
The script defines the exit condition for closing a long position. If the price closes below the third moving average, the script closes the long position.
IMPORTANT NOTICE
ONLY DAILY TIME FRAME
THERE WOULD BE WHIPSAW USE YOUR OWN ACCUMEN TO MINIMISE THEM
ITS ONLY BUY STRATEGY
EXIT CAN BE STRATEGY BASED OR SET PROFIT AND TARGETS AS PER RISK APETITE /RISK MANAGEMENT
DONT TRADE OPTIONS ON THIS
SUITABLE FOR STOCKS OF USA AND INDIAN MARKETS
ALWAYS REMEMBER TO DO YOUR OWN RESEARCH BEFORE TRADING AND INVESTING
Volatility FilterThe "Volatility Filter" script is designed to measure market volatility across two different timeframes and determine whether the market is flat or trending.
It uses custom-tuned versions of four different indicators to measure volatility and distinguish between trending and ranging conditions.
The selected indicators are:
1 - Average Directional Index (ADX) Volatility
2 - Damiani Volameter
3 - Trader Pressure Index (TPI)
4 - Williams Alligator Indicator
The script calculates a filter score for both the current timeframe and a user-specified higher timeframe. It offers two types of filter scores, controlled by the 'FilterType' parameter. The filter score is then visualized on the chart as the main oscillator for the current timeframe and a filled bar for the higher timeframe.
The script utilizes a custom moving average function that provides 17 different ways to calculate a moving average, giving the user extensive flexibility in tailoring the script to their needs.
By using custom indicators and unique score calculation methods across two timeframes, this script provides a comprehensive measure of market volatility, aiding traders in identifying trending and ranging market conditions.
This script also provides two additional parameters for tuning its calculations and output, allowing to adjust the script to any trading style and the characteristics of the market being traded.
1 - Threshold: This parameter sets a threshold that the oscillator needs to surpass for the current market move to be considered as a trend. By adjusting the threshold, traders can control how much volatility is required to register a move as trending. A higher threshold will require more volatility for a trend to be recognized, meaning that the market needs to be moving more strongly for a trend to be identified.
2 - Length: This parameter is used to smooth the oscillator. It determines the number of periods used in the calculation of the moving average of the volatility filter score. A longer length will consider more data points and therefore provide a smoother line, which can be useful in accounting for the fading of trends. When trends start to lose their strength but are still present, a longer length can help in maintaining the recognition of the trend, aiding in making accurate trading decisions.
By adjusting these parameters, traders can fine-tune the script's sensitivity to market volatility and its recognition of trends, providing valuable flexibility in adapting to different market conditions and trading strategies.
ADXcellenceThis advanced trading indicator, inspired by Dr. Charles B. Schaap's book "ADXcellence: Power Trend Strategies", leverages the principles of the Average Directional Index (ADX) to help traders identify and exploit trending conditions in the market.
The ADXcellence Indicator uses multiple levels of analysis to evaluate the strength and direction of trends.
In addition to the classic ADX+DMI input settings, these features are included:
ADX Slope Signal: This parameter, controls the sensitivity of the ADX slope, which will indicate when the trend strength is increasing or decreasing.
The indicator provides three trend levels: strong trend level, trending level, and low volatility level, which can be customized to suit various trading strategies.
The color gradients for the ADX, DI+, and DI- lines are designed to visually represent the trend strength from the low volatility level to the strong trend level. The indicator also uses a dynamic background color, highlighting the periods when the ADX is rising. The color will vary depending on the dominant DI.
The ADXcellence Indicator also offers a unique feature of dynamically adjusting the fill between DI+ and DI-, with the color and fill intensity changing based on the relative value of the two.
This indicator is a powerful tool for traders who use trend-following strategies and is best used in conjunction with other technical analysis tools to confirm signals and avoid potential false signals.
Remember, no indicator is perfect and every trading strategy should include risk management and proper due diligence.
Enjoy :)
RSI + ADX + MACDINDICADOR COMBINADO DE RSI + ADX
Aprovecha las ventajas de cada indicador en uno solo.
Teniendo en un solo indicador el momentum de cada tendencia y la fuerza relativa con sus puntos de sobre compra y sobre venta.
También al poder analizar divergencias en el indicador oscilador RSI y poder crear estrategias de entrada con el ADX
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RSI + ADX COMBINED INDICATOR
Take advantage of each indicator in one.
Having in a single indicator the momentum of each trend and the relative strength with its points of overbought and oversold.
Also by being able to analyze divergences in the RSI oscillator indicator and being able to create entry strategies with the ADX
DERECHOS DEL CREADOR PARA: Dvd_trading
Ta StrategyHello guys
This script follows traditional technical indicators
MACD, ADX, RSI and pivot points
If the price is above the resistance and the MACD has crossover ,and the RSI 14 is above 50
ADX is higher than 20, and DI+ is higher than DI-. This is a buy signal and vice versa for a sell signal
The script moves the stop loss to the entry price after the first target is reached
You can specify the quantity you want to sell when the price reaches the first target
There are also options like if you want the script to entry long or short, or both
you can reverse the strategy if it does not work well
If you want to inquire about any details, please let me know in the comments
DJ Soori Trading StrategyThe strategy combines three indicators: Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Average Directional Index (ADX).
The EMA and WMA are used to track the average price over different time periods.
The ADX measures the strength of a trend in the market.
The strategy generates buy signals when the EMA is higher than the WMA and the ADX is above a certain threshold. It suggests a potential uptrend.
It generates sell signals when the EMA is lower than the WMA and the ADX is above the threshold. It suggests a potential downtrend.
The strategy also considers whether the ADX is rising or falling to indicate the strength of the trend.
The EMA, WMA, and ADX values are plotted on the chart.
Buy and sell signals are shown as labels on the chart, indicating "Buy (Strong)" or "Buy (Weak)" for buy signals, and "Sell (Strong)" or "Sell (Weak)" for sell signals.
Ultimate Balance StrategyThe Ultimate Balance Oscillator Strategy harnesses the power of the Ultimate Balance Oscillator to deliver a comprehensive and disciplined approach to trading. By combining the insights of the Rate of Change (ROC), Relative Strength Index (RSI), Commodity Channel Index (CCI), Williams Percent Range, and Average Directional Index (ADX) from TradingView, this strategy offers traders a systematic way to navigate the markets with precision.
The core principle of this strategy lies in its ability to identify optimal entry and exit points based on the movement of the Ultimate Balance Oscillator. When the oscillator line crosses below the 0.75 level, a buy signal is generated, indicating a potential opportunity for a bullish trend reversal. Conversely, when the oscillator line crosses above the 0.25 level, it triggers an exit signal, suggesting a possible end to a bullish trend.
Key Features:
1. Objective Market Analysis: The Ultimate Balance Oscillator Strategy provides a disciplined and objective approach to market analysis. By relying on the quantified insights of multiple indicators, it helps traders cut through market noise and focus on key signals, improving decision-making and reducing emotional biases.
2. Enhanced Timing and Precision: This strategy's entry and exit signals are based on the specific thresholds of the Ultimate Balance Oscillator. By waiting for confirmation through the crossing of these levels, traders can potentially enter trades at opportune moments and exit with greater precision, maximizing profit potential and minimizing risk exposure.
3. Customizability and Adaptability: The strategy offers flexibility, allowing traders to customize the parameters to fit their preferred trading style and timeframes. Whether you're a short-term trader or a long-term investor, the Ultimate Balance Oscillator Strategy can be adjusted to suit your specific needs, making it adaptable to various market conditions.
4. Real-time Alerts: Stay informed and never miss a potential trade opportunity with the strategy's built-in alert system. Set personalized alerts for buy and exit signals to receive timely notifications, ensuring you're always aware of the latest developments in the market.
5. Backtesting and Optimization: Before applying the strategy to live trading, it's recommended to conduct thorough backtesting and optimization. By testing the strategy's performance over historical data and fine-tuning the parameters, you can gain insights into its strengths and weaknesses, enabling you to make informed adjustments and increase its effectiveness.
Trading involves risk. Use the Ultimate Balance Oscillator Strategy at your own discretion. Past performance is not indicative of future results.
