US/JP Factor/Sector Performance RankingThis indicator is designed to help you easily understand the strengths and weaknesses of different factors and sectors in the U.S. stock market. It looks at various ETFs, ranks their performance over a specific period (20 days by default), and shows the results visually.
= How the Ranking Works
The best-performing rank is shown as -1, with lower ranks as -2, -3, -4, and so on. This setup makes it easy to see rank order in TradingView’s default view.
If you turn on the “Inverse” setting, ranks will be shown as positive numbers in order (e.g., 1, 2, 3…). In this case, it’s recommended to reverse the TradingView scale for better understanding.
= How the Indicator Reacts to Market Conditions
- Normal Market Conditions
Certain factors or sectors often stay at the top rank. For example, during the rallies at the start of 2024 and in May, the Momentum factor performed well, showing a risk-on market environment.
On the other hand, sectors at the bottom rank also tend to stay in specific positions.
- Market Tops
Capital flows within sectors slow down, and top ranks begin to change frequently. This may suggest a market turning point.
- Bear Markets or High Volatility
Rankings become more chaotic in these conditions. These large changes can help you understand market sentiment and the level of volatility.
= Way of using the Indicator
You can use this indicator in the following ways:
- To apply sector rotation strategies.
- To build positions after volatile markets calm down.
- To take long positions on strong elements (higher ranks) and short positions on weaker ones (lower ranks).
= Things to Keep in Mind
It’s a Lagging Indicator
This indicator calculates rankings using the past 20 days of data. It doesn’t provide signals for the future but is a tool for analyzing past performance. To predict the market, you should combine this with other tools or leading indicators.
However, since trends in capital flows often continue, this indicator can help you spot those trends.
= Customization
This indicator is set up for U.S. and Japanese stock markets. However, you can customize it for other markets by changing the ticker and label description in the script.
==Japanese Description==
このインジケーターは、米国株市場におけるファクターやセクターの強弱を直感的に把握するために設計されています。
各ETFを参照し、特定期間(デフォルトでは20日間)のパフォーマンスを順位付けし、それを視覚的に表示します。
= インジケーターの特徴
- ランク付けの仕様
ランク1位は-1で表され、順位が下がるごとに-2、-3、-4…と減少します。この仕様により、TradingViewの標準状態でランクの高低を直感的に把握できるようにしました。
さらに、Inverse設定をONにすると、1位から順に正の値(例: 1, 2, 3…)で表示されるようになります。この場合、TradingViewのスケールを反転させることを推奨します。
= 市況とインジケーターの動き
- 平常時の市況
特定のファクターやセクターがランク1位を維持することが多いです。
例えば、2024年の年初や同年5月の上昇相場では、Momentumファクターが効果を発揮し、リスクオンの市場環境であったことを示しています。
一方、最下位に位置するセクターも特定の順位を維持する傾向があります。
- 天井圏の市況
セクター内の資金流入や流出が停滞し、上位ランクの変動が起こり始めます。これが市場の転換点を示唆する場合があります。
- 下落相場や荒れた市況
ランク順位が大きく乱れることが特徴です。この変動の大きさは、市況の雰囲気やボラティリティの高さを感じ取る材料として活用できます。
= 活用方法
このインジケーターは以下のような投資戦略に役立てることができます:
- セクターローテーションを活用した投資戦略
- 荒れた相場が落ち着いたタイミングでのポジション構築
- 強い要素(ランク上位)のロング、弱い要素(ランク下位)のショート
= 注意点
- 遅行指標であること
本インジケーターは、過去20日間のデータを基にランクを算出します。そのため、先行的なシグナルを提供するものではなく、過去のパフォーマンスに基づいた分析ツールです。市場を先回りするには、別途先行指標や分析を組み合わせる必要があります。
ただし、特定のファクターやセクターへの資金流入・流出が継続する傾向があるため、これを見極める手助けにはなります。
= カスタマイズについて
このインジケーターは米国・日本株市場に特化しています。ただし、他国のファクターやセクターのETFや指数が利用可能であれば、スクリプト内のtickerとlabel descriptionを変更することでカスタマイズが可能です。
Longshort
MTF EHMA & HMA Insights [FibonacciFlux]MTF EHMA & HMA Insights
Overview
The Multi-Timeframe EHMA, HMA, and Midline with Fill script is a powerful technical analysis tool designed for traders seeking to enhance their market insights and decision-making processes. By integrating two advanced moving averages—Exponential Hull Moving Average (EHMA) and Hull Moving Average (HMA)—along with a dynamic midline, this indicator provides a comprehensive view of market trends across multiple timeframes.
Key Features
1. Dual Moving Averages
- Exponential Hull Moving Average (EHMA) :
- Offers a rapid response to price changes, making it particularly useful for identifying short-term trends.
- Utilizes a unique calculation method that reduces lag, allowing traders to react quickly to market movements.
- Hull Moving Average (HMA) :
- Known for its smoothness and ability to filter out noise, the HMA presents a clear picture of the underlying trend.
- The HMA is specifically designed to achieve a balance between responsiveness and smoothness, enabling traders to make informed decisions.
2. Midline Calculation
- Dynamic Midline (m) :
- The midline is calculated as the average of EHMA and HMA, providing a neutral reference point for evaluating price movements.
- It visually represents market sentiment; a rising midline suggests bullish conditions, while a declining midline indicates bearish trends.
3. Visual Components
- Fill Areas :
- Color-coded fills between the EHMA and HMA enhance visual clarity by indicating the relative position of these moving averages.
- The fill color dynamically changes based on the relationship between the two averages (green for EHMA below HMA and red for EHMA above HMA), allowing traders to quickly assess market conditions.
4. Signal Generation and Alerts
- Buy/Sell Signals :
- The indicator generates buy signals when the midline crosses above its previous value, indicating a potential upward trend.
- Conversely, sell signals are triggered when the midline crosses below its previous value, suggesting a possible downward movement.
- Alert Conditions :
- Built-in alerts notify traders in real-time when significant changes occur, allowing them to act swiftly on potential trading opportunities.
- Customizable alert messages ensure traders receive relevant information tailored to their strategies.
Technical Details
Input Parameters
- Timeframe Settings :
- Traders can customize the timeframes for both EHMA and HMA, enabling them to adapt the indicator to different trading styles and market conditions.
- Length Settings :
- Adjustable lengths for both moving averages impact their sensitivity, allowing traders to optimize their performance based on volatility and market dynamics.
Plotting and Visualization
- Plotting :
- The script plots the EHMA, HMA, and midline directly on the chart for easy visualization.
- Signal labels (BUY and SELL) are displayed prominently, helping traders to identify potential entry and exit points without ambiguity.
Benefits
1. Clarity and Insight
- The combination of EHMA, HMA, and midline provides a clear and concise visual representation of market trends, aiding traders in making informed decisions.
2. Flexibility
- Customizable parameters allow traders to tailor the indicator to their specific needs, making it suitable for various market conditions and trading styles.
3. Efficiency
- Real-time alerts and visual signals minimize response times, enabling traders to capitalize on opportunities as they arise.
4. Enhanced Trading Conditions
- When utilizing the Fibonacci number 144 on a daily chart, the indicator facilitates optimal trading conditions:
- "The entry was made before the bubble began, using 144 as the Fibonacci variable."
- "The exit occurred right before the bubble burst, or alternatively, a short position was initiated."
- "When the next bubble started, a long entry was made again."
- "Despite some lag, the position was exited and a long entry was made."
- "The exit or short entry took place at the second double top peak."
- "A short position was already established before the double top formation occurred."
- On a 4-hour chart, traders can effectively set stop losses at HMA levels, achieving a risk-reward ratio between 4 and 8.
- Additionally, analyzing the 15-minute chart with a multi-timeframe approach allows for more precise entry points.
Conclusion
The Multi-Timeframe EHMA, HMA, and Midline with Fill script is a robust tool for traders looking to enhance their technical analysis capabilities. By combining multiple moving averages with a dynamic midline and alert system, this indicator offers a comprehensive approach to understanding market trends. Its flexibility, clarity, and efficiency make it an invaluable asset for both novice and experienced traders alike.
Important Note
As with any trading tool, it is crucial to conduct thorough analysis and risk management when using this indicator. Past performance does not guarantee future results, and traders should always be prepared for potential market fluctuations.
Multi Fibonacci Supertrend with Signals【FIbonacciFlux】Multi Fibonacci Supertrend with Signals (MFSS)
Overview
The Multi Fibonacci Supertrend with Signals (MFSS) is an advanced technical analysis tool that combines multiple Supertrend indicators using Fibonacci ratios to identify trend directions and potential trading opportunities.
Key Features
1. Fibonacci-Based Supertrend Levels
* Factor 1 (Weak) : 0.618 - The golden ratio
* Factor 2 (Medium) : 1.618 - The Fibonacci ratio
* Factor 3 (Strong) : 2.618 - The extension ratio
2. Visual Components
* Multi-layered Trend Lines
* Different line weights for easy identification
* Progressive transparency from Factor 1 to Factor 3
* Color-coded trend directions (Green for bullish, Red for bearish)
* Dynamic Fill Areas
* Gradient fills between price and trend lines
* Visual representation of trend strength
* Automatic color adjustment based on trend direction
* Signal Indicators
* Clear BUY/SELL labels on chart
* Position-adaptive signal placement
* High-visibility color scheme
3. Signal Generation Logic
The system generates signals based on two key conditions:
* Primary Condition :
* BUY : Price crossunder Supertrend2 (Factor 1.618)
* SELL : Price crossover Supertrend2 (Factor 1.618)
* Confirmation Filter :
* Signals only trigger when Supertrend3 confirms the trend direction
* Reduces false signals in volatile markets
Technical Details
Input Parameters
* ATR Period : 10 (default)
* Customizable for different market conditions
* Affects sensitivity of all Supertrend levels
* Factor Settings :
* All factors are customizable
* Default values based on Fibonacci sequence
* Minimum value: 0.01
* Step size: 0.01
Alert System
* Built-in alert conditions
* Customizable alert messages
* Real-time notification support
Use Cases
* Trend Trading
* Identify strong trend directions
* Filter out weak signals
* Confirm trend continuations
* Risk Management
* Multiple trend levels for stop-loss placement
* Clear entry and exit signals
* Trend strength visualization
* Market Analysis
* Multi-timeframe analysis capability
* Trend strength assessment
* Market structure identification
Benefits
* Reliability
* Based on proven Supertrend algorithm
* Enhanced with Fibonacci mathematics
* Multiple confirmation levels
* Clarity
* Clear visual signals
* Easy-to-interpret interface
* Reduced noise in signal generation
* Flexibility
* Customizable parameters
* Adaptable to different markets
* Suitable for various trading styles
Performance Considerations
* Optimized code structure
* Efficient calculation methods
* Minimal resource usage
Installation and Usage
Setup
* Add indicator to chart
* Adjust parameters if needed
* Enable alerts as required
Best Practices
* Use with other confirmation tools
* Adjust factors based on market volatility
* Consider timeframe appropriateness
Backtesting Results and Strategy Performance
This indicator is specifically designed for pullback trading with optimized risk-reward ratios in trend-following strategies. Below are the detailed backtesting results from our proprietary strategy implementation:
BTCUSDT Performance (Binance)
* Test Period: Approximately 7 years
* Risk-Reward Ratio: 2:1
* Take Profit: 8%
* Stop Loss: 4%
Key Metrics (BTCUSDT):
* Net Profit: +2,579%
* Total Trades: 551
* Win Rate: 44.8%
* Profit Factor: 1.278
* Maximum Drawdown: 42.86%
ETHUSD Performance (Binance)
* Risk-Reward Ratio: 4.33:1
* Take Profit: 13%
* Stop Loss: 3%
Key Metrics (ETHUSD):
* Net Profit: +8,563%
* Total Trades: 581
* Win Rate: 32%
* Profit Factor: 1.32
* Maximum Drawdown: 55%
Strategy Highlights:
* Optimized for pullback trading in strong trends
* Focus on high risk-reward ratios
* Proven effectiveness in major cryptocurrency pairs
* Consistent performance across different market conditions
* Robust profit factor despite moderate win rates
Note: These results are from our proprietary strategy implementation and should be used as reference only. Individual results may vary based on market conditions and implementation.
Important Considerations:
* The strategy demonstrates strong profitability despite lower win rates, emphasizing the importance of proper risk-reward ratios
* Higher drawdowns are compensated by significant overall returns
* The system shows adaptability across different cryptocurrencies with consistent profit factors
* Results suggest optimal performance in volatile crypto markets
Real Trading Examples
BTCUSDT 4-Hour Chart Analysis
Example of pullback strategy implementation on Bitcoin, showing clear trend definition and entry points
ETHUSDT 4-Hour Chart Analysis
Ethereum chart demonstrating effective signal generation during strong trends
BTCUSDT Detailed Signal Example (15-Minute Scalping)
Close-up view of signal generation and trend confirmation process on 15-minute timeframe, demonstrating the indicator's effectiveness for scalping operations
Chart Analysis Notes:
* Green and red zones clearly indicate trend direction
* Multiple timeframe confirmation visible through different Supertrend levels
* Clear entry signals during pullbacks in established trends
* Precise stop-loss placement opportunities below support levels
Implementation Guidelines:
* Wait for main trend confirmation from Factor 3 (2.618)
* Enter trades on pullbacks to Factor 2 (1.618)
* Use Factor 1 (0.618) for fine-tuning entry points
* Place stops below the relevant Supertrend level
Footnotes:
* Charts provided are from Binance exchange, using both 4-hour and 15-minute timeframes
* Trading view screenshots captured during actual market conditions
* Indicators shown: Multi Fibonacci Supertrend with all three factors
* Time period: Recent market activity showing various market conditions
Important Notice:
These charts are for educational purposes only. Past performance does not guarantee future results. Always conduct your own analysis and risk management.
Disclaimer
This indicator is for informational purposes only. Past performance is not indicative of future results. Always conduct proper risk management and due diligence.
License
Open source under MIT License
Author's Note
Contributions and suggestions for improvement are welcome. Please feel free to fork and enhance.
TS CalculatorWhat is Trailing Stop?
A trailing stop is a type of stop-loss order that adjusts itself as the price of an asset moves in a favorable direction. It’s designed to lock in profits or limit losses by following the asset’s price movement. Here’s how it works:
How a Trailing Stop Works
Initial Setup: You set a trailing stop at a certain percentage or dollar amount below (for long trades) or above (for short trades) the current market price.
Price Movement: As the price moves in your favor, the trailing stop moves with it, maintaining the set distance.
Locking in Profits: If the price reverses direction by the set amount, the trailing stop triggers a market order to sell (for long trades) or buy (for short trades), locking in your profits or limiting your losses.
Example
Long Trade: If you buy a stock at $100 and set a trailing stop at 10%, the stop-loss order will initially be at $90. If the stock price rises to $120, the trailing stop moves up to $108 (10% below $120). If the price then drops to $108, the trailing stop triggers a sell order.
Short Trade: If you short a stock at $100 and set a trailing stop at 10%, the stop-loss order will initially be at $110. If the stock price falls to $80, the trailing stop moves down to $88 (10% above $80). If the price then rises to $88, the trailing stop triggers a buy order.
Benefits
Automated Risk Management: It helps manage risk without the need to constantly monitor the market.
Profit Protection: It locks in profits as the price moves in your favor.
Flexibility: It adjusts dynamically with the market price, unlike a fixed stop-loss order.
What this script does ?
This script plots the Trailing Stop from the point of entry to current date, until it hits the trailing stop. Some of the market did not give the trailing stop values exactly so this script may give you a wise view of that.
Variables
Date : Date with YYYY-MM-DD format
Time : Time with HH:MM:SS format
Entry Price : Activation Price of TS order
Bounceback Ratio : Ratio for TS
Order Type : Position of order as Long/Short
There is an also a table implemented which shows
Entry
Ratio
Position
Current Stop
For possible updates feel free to contact me via DM.
REMA CROSSOVER BY JUGNUThis indicator triggers alerts for long and short positions on DAILY TIME FRAME for SWING trades based on the conditions which described below. This script will generate alerts when the following conditions are met:
LONG POSITION:
RSI(14) above 50.
EMA(5) crosses above EMA(10).
Indicator Triangle Green below price bars
SHORT POSITION:
RSI(14) below 50.
EMA(5) crosses down EMA(10).
Indicator Triangle RED above price bars
This script plots green and red triangles below and above the price bars to indicate long and short alert conditions, respectively. It also triggers alerts when these conditions are met.
TTP Kent StratKent Strat trades breakouts using Bollinger Bands together with SuperTrend.
Features:
- Risk/reward ratio parameter
- Longs, shorts and combined positions.
- Breakout settings
- Trailing SL, trailing TP
- Use of latest candles to place the SL using a lookback parameter (how many candles to look back for a low/high price)
- Select your SL between the ATR trendline and the latest candle: the closest or furthest away value
- Show the trendline
- Backtest mode for accurate backtests
- Signal mode for live price accurate signals
- Date range backtesting
Filters:
- EMA 200 filter and timeframe selector. This filter can be used to trade with the trend: open longs on an uptrend and shorts on a downtrend.
- ADX filter using threshold. This filter can be used to filter entries where the trend is not very strong.
- ADX pointing up. ADX values pointing up and above certain threshold can improve entries.
- Relative volume filter based on the volume being X% above the MA of the Volume. Trading with volume can help filtering out bad trades.
Example setup:
1) pick BINANCE:ETHUSDT chart, 15 min chart
2) trade longs + shorts
3) pick ratio 3
4) trailing SL checked
5) trailing TP unchecked
7) stop loss "furthest"
8) candle loopback 30
9) BB period 21, dev 1, ATR filter on, atr period 5
10) EMA filter on, 15 min
11) ADX off
12) Volume filter on set to 60%
R19 STRATEGYHello again.
Let me introduce you R19 Strategy I wrote for mostly BTC long/short signals
This is an upgrated version of STRATEGY R18 F BTC strategy.
I checked this strategy on different timeframes and different assest and found it very usefull for BTC 1 Hour and 5 minutes chart.
Strategy is basically takes BTC/USDT as a main indicator, so you can apply this strategy to all cryptocurrencies as they mostly acts accordingly with BTC itself (Of course you can change main indicator to different assets if you think that there is a positive corelation with. i.e. for BTC signals you can sellect DXY index for main indicator to act for BTC long/short signals)
Default variables of the inticator is calibrated to BTC/USDT 5 minute chart. I gained above %77 success.
Strategy simply uses, ADX, MACD, SMA, Fibo, RSI combination and opens positions accordingly. Timeframe variable is very important that, strategy decides according the timeframe you've sellected but acts within the timeframe in the chart. For example, if you're on the 5 minutes chart, but you've selected 1 hour for the time frame variable, strategy looks for 1 hour MACD crossover for opening a position, but this happens in 5 minutes candle, It acts quickly and opens the position.
Strategy also uses a trailing stop loss feature. You can determine max stoploss, at which point trailing starts and at which distance trailing follows. The green and red lines will show your stoploss levels according to the position strategy enters (green for long, red for short stop loss levels). When price exceeds to the certaing levels of success, stop loss goes with the profitable price (this means, when strategy opens a position, you can put your stop loss to the green/red line in actual trading)
You can fine tune strategy to all assets.
Please write down your comments if you get more successfull about different time zones and different assets. And please tell me your fine tuning levels of this strategy as well.
See you all.
Abdul Rehman Trading StrategyBest Buy & Sell Indicator for Crypto, Forex and stocks. This indicator is based on Volume, RSI and current support and resistance.
Best Time Frame:
5 Minutes, 15 minutes
Long Positions:
You will see numbers appearing in Green Colour starting from 7,8 and then you can see the LONG position signal.
Short Position:
You will see numbers appearing in Red Colour starting from 7,8 and then SHORT Position Signal.
Important Note:
If you see the bearish trend in 4 hours time frame then always follow SHORT positions and if you see the bullish trend in 4 Hour time frame then always LONG positions.
Double EMA WIth Pullback Buy Sell Signal - Smarter AlgoBuilt with love "Double EMA With Pullback Buy Sell Signal "
This indiator will help you to find a Double EMA Pullback Signal
You can combine with your own strategy, or use this purely
DISCLAIMER :
Measure the risk first before use it in real market
Backtest The Strategy was very important, so you know the probability
Fundamentally Logical :
Pullback (Some Previous candle is Red for Bull Pullback vice versa)
the Entry candle must be a Candlestick Pattern
Features :
1. Double EMA
2. Pullback Signal
How to use it :
1. Adjust the Pullback Backstep
2. Adjust the EMA Period
3. Adjust the Style to your preferences
Regards,
Hanabil
STRATEGY R18-F-BTCHi, I'm @SenatorVonShaft
Just finished the strategy "STRATEGY R18-F-BTC" for trading on #bitcoin and other cryptocurrencies.
As any strategy on TradingView, R18 opens Long/Short positions (with no leverage) on certain price points for assets in the chart. But I intentionally make this strategy for Bitcoin . Strategy is effective with 1h chart and it has %36 winning trade ratio for #bitcoin trade. As strategy uses approximately 1/3 ratio of SL/TP levels, gross profit for 1 year backtest is above %200 (I mean above 3x for only BTC )
Strategy is built on combination of:
- MACD
- RSI
- FIBONACCI levels
- BTCUSDT price itself as indicator (for different crypto assets and BTCUSDTPERP trading. You can select different assets you like for indicator (it's BTCUSDT:Binance by default))
I fine-tuned all levels of indicators above accordingly (it has more than 10 variables that effects strategy itself).
You can find out your own strategy levels by adjusting long/short tp&sl variables as well as initial capital ratio variable.
Reverse option open reverse positions of the strategy
MACD Cross [Momentum & Trend Filter]This is MTF MACD crossover and crossunder, with EMA trend filter and MTF RSI overbought/oversold filter.
Guidelines:
- User can set stop loss, take profit target and risk to reward ratio in setting
- ATR Stop and ATR Multiplier are use to set stop loss and take profit levels, setting are varies depend on what you are trading, play around and find appropriate number
- Don't trade if range between stop loss and target profit are too small or if there are too many small range try to increase multiplier
- If MACD Zero Line Filter enable, detect MACD crossover only under zero line for LONG, and detect MACD crossunder only above zero line for SHORT
- If EMA Trend Filter enable, detect MACD crossover which price above EMA for LONG, and detect MACD crossunder which price below EMA for SHORT
- RSI timeframe 1-3 should not lower than chart timeframe to display Overbought and Oversold correctly
- Enable MTF Overbought and Oversold just to display red background for Overbought, and green background for Oversold
There are 3 alert options:
(For those free user which can get only 1 alert, please choose "MACD crossover & crossunder" if you want to get alert for both long and short directions)
Have fun :)
RSI & SMA Strategy By DenizIntroduction
It has always been a major challenge to detect the current market price in technical analysis . There are some basic but strong indicators that help us to estimate the next market action. Relative Strength Index and Simple Moving Average indicators were used in this strategy.
This strategy aims to detect the next market action with different calculations & usages of RSI and SMA indicators.
Strategy Features
As per the result of the calculation from RSI and SMA outputs the strategy will decide to go "Long" or "Short" if the directions are changed from long to short the trade will be closed and it's opening new trade as per to the new direction.
Apart from basic "take profit" and "stop" options there is an additional closing trade option named "Long/Short Bar Count". If the trade could not reach the target in a certain period, it will look for a quit with a 0 loss.
Advantages
Informative alarm messages.
High ratio of Profitable trade numbers.
Disadvantages
Less trade count.
DCA Bot Long/Short Thanks to @TheTradingParrot for the inspiration and knowledge shared.
Thanks to @ericlin0122 for the original DCA Bot Emulator which is the backbone of this strategy.
The script simulates DCA strategy with parameters used in 3commas DCA bots for futures trading. Experiment with parameters
to find your trading setup.
Beware how large your total leveraged position is and how far can market go before you get liquidated!
Do that with the help of futures liquidation calculators you can find online!
I`ve added:
1) an internal average price and profit calculating, instead of TV`s native one, which is subject to severe slippage.
2) I`ve built a graphic interface, so levels are clearly visible and back-test analyzing made easier.
3) now both Long & Short direction of the strategy exist.
4) trailing TP which was featured in the initial script has been removed because TV`s execution model makes
it impossible to know how the real world trailing would have unfolded.
5) the table is self explanatory, and it is there to help you discover what happened and where.
6) vertical colored lines appear when the new maximum deviation from the original price has
been reached
All the trading happens with total account capital, and all order sizes inputs are expressed in percent.
Known issues:
When deviation is small, and the same candle triggers safety AND the close order, the initial orders are closed, but a
new one opens on the next candle. This is "resolved" by closing the unwanted trade forcefully on the next candle, affecting
profit calculating minimally and guaranteeing that what should be closed has been closed.
The code could be improved through use of arrays, making the table flexible so the number of rows should be dynamic depending
on the number of SOs.
!!!!! IMPORTANT!!!!!
This strategy script is made to receive a signal from an exterior study script, which should plot +100 for long or -100 for short
entry (that is by default - values can be changed in the strategy settings menu). That plot should be found in "Enter Trigger" input
dropdown menu at the bottom of strategy settings menu. Removing the "and trigger == long/short_trigger" condition from strategy entry
conditions makes the strategy open trades ASAP.
Cheers!
RSI Cross [xaurr]This is simple but profitable rsi cross strategy, to find optimal values you can change rsi and ema periods.
Good Luck!
CRYPTOPRODear traders,
Welcome to CRYPTOPRO indicator. Only for crypto markets! This is an invite only script, please PM me to request permission for testing and access.
This indicator is developed as a scalping, intraday or swingtrade strategy.
Been working on indicators for years now, now back to trading again and made the best possible indicator for different timeframes.
The indicator uses market data, multiple timeframe ma/rsi charts and price action for determining a long or short strategy.
The indicator does not repaint!
I have made the indicator as easy as possible to use with added background colors.
How to use:
- Long strategy: when background turns to green after bar closing.
- Short strategy: when background turns to red after bar closing.
Alerts:
- Alerts are included in the indicator and are very simple to use.
- Alert "buy" for long strategy (green background)
- Alert "sell" for short strategy (red background)
- The alerts can also be used for automated trading/bot trading.
Time Frames :
- Can be used for all different timeframes.
Chart candles:
- Indicator is to be used with standard prince candles.
Note:
- Trading and financial markets are always risky and unpredictable.
- All trades made based on this indicator and his results are always your own responsibility.
- As an author i will not be held responsible for any of your trading profit or loss. Always be cautious when trading.
Charts can be applied to all TV supported crypto charts.
If you find the indicator usefull share your support and feedback in the comments.
Any questions PM me for more info.Thank you!
DISCLAIMER:
No sharing, copying, reselling, or any other forms of use are authorized for our scripts / strategy, and the information published with them.
This script / strategy is strictly for individual use.
This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement.
NYTRADE is not responsible for any losses you may incur. Please trade wisely.
RSIPRO TrendIndicatorThis RSIPRO indicator is based on RSI , BB and EMA and it has LONG/SHORT alerts for signals
In script settings you can specify:
1) Dispertion value, 0.15 by default. Dispertion around bolinger bands with RSI as source signal.
2) Use smoothing option and smooth factor value (3 by default). It smoothes RSI with moving average filter.
3) Enable/Disable filter to show signals only after RSI overbought/oversell zones
Disabled by defaults and RSI is 65 for upper zone and 35 for lower zone.
You can also specify how many bars back before current bar this filter must do. It's 10 by default, you can vary it up to 90.
Best fits for 4H timeframe. Also good for 15min scalping strategy. Fits for any crypto coins, forex, metals, oil and bonds.
This is invite only script. PM me if you want to test it.
Intraday Long & Short 5MinRules for using this indicator
1. Time Frame - 5 Min (Recommended) or 15 Min
2. Long Entry - when High of signal candle breaks by any Green candle' close.
3. Short Entry - when Low of signal candle breaks by any Red candle' close.
4. Price might reverse after you take entry till Red line or Green Line and as this indicator is based on Higher High and Lower Low Support and Resistance method. Most of time it will reverse after touching the line. You can confirm the Price action from that point. else Exit.
5. Entry in 5 Min timeframe and holding for swingtrade until overbought and oversold indication appears will give extra profits.
6. DYOR
Like,Comment and add this to favorite if you find it useful.
Consider Donating coins only if this indicator turns profitable for you.
Thank you!
GMS: Moving Average Crossover StrategyThis is a moving average crossover system built the way I would want it to be.
- The moving averages included are SMA, EMA, WMA, VWMA.
- You can select either for the first moving average or the second moving average.
- You can also select to see the Long trades, Short trades, or both at the same time.
- There is also a simple moving average trend filter. When this is selected, it only applies to the entries of a trade and not the exit. There are situations where the entry is above the trend filter and the exit is below.
The source code should be open so feel free to adapt it, make it more efficient, or take some part for your own project!
I hope it helps,
Andre
GMS: RSI & ROC StrategyThis is a basic strategy like the RSI one I posted. This one adds in the Rate of Change indicator as well.
You can separate the two for RSI only and ROC only. Everything else is the same as the RSI strategy.
- Simple moving average trend filter.
- Simple moving average trade exit.
- Both long and short or each on it's own.
The source code should be open if you want to see it or modify it for your own project. I hope it helps!
Andre
Global Market Signals
Rúnar V2 - Trend Strength, Confirmation and ExhaustionHi guys,
So after a lot of feedback on the initial Runar script, I have finally completed V2 as per your feedback. The original script had some issues with repainting as this is a multi-time frame script and the periods we included on the original were far too large. This actually addresses the other issue of the script originally being quite slow or very specific around which dots/signals it would print. The new script is therefor a lot more reactive and responsive to market behavior especially crypto.
I have re-introduced the Certainty score as a result for you to modify and play with. Right now its set to its highest variable, but you can choose lower. I recommend no lower than 2 as dots prints will become meaningless to me but may be helpful to others.
How to use the indicator:
Something I get asked a lot, so lets break it down in full. The indicator comes with two primary areas and two secondary. The first two primary is the actual waves we see in the center oscillating around 0. These waves measure market direction and strength and will print a dot (its secondary) to signify a larger move. This makes some qualities of Runar predictive, but remember sudden moves will not be picked up on higher time frames.
The color of the wave will signify the color of the dot. We will not currently get a green dot printing during a red wave. This is intentional to avoid flip flopping too much during market movement and allows us to confidently follow trend instead.
The second part of the indicator consists of the top 3 lines osculating between 0 and 100. This part of the indicator measures the markets expansion and volatility allowing us to spot early exhaustion during trend. The indicator consists of three lines and when all 3 read over 95 we can begin looking for a bottom or reversal. Its secondary area are the solid lines (green/red) at the bottom of the indicator to make spotting these potential areas easier and to keep an eye on the market/orderbook/other indicators to spot the exhaustion.
A green line will print during downtrends and a red line during up trends as this is intended to align with the traditional buy/sell colours.
Finally the indicator comes with alerts for dot prints or a line print so you are free to set these up however you wish. My recommended time frames are 15m/1/2/4H with scalpers welcome to go as low as the 1min.
[BERA] POWER STRATEGYHey below my new strategy test, hope you like.
Work better with BTC
H1 and H4 timeframe.
How this work?
RSI based script.
-Modified length and different metrics for long and short.
Moving Averages.
-RSI panel below with color labels to identify the rsi levels.
-Simple trailing stop included.
Entry orders and exit orders for both -long and -short.
The default setup is the best perfomance i've find testing it.
If you are interest in the script contact me.
[VIP] Long/Short Strategy 79-80 Profit Percentage or even moreThis is using Toolkit buy and sell:
You have 7 days trial, so you should make sure that you make a profit instead of loss
We have 4 strategies named 01, 02, 03, 04 and will be added more soon
Disclaimer
Tested from 3 minutes to 1 Day time frame
Possible repainting because I use security function
I use Pinescript v4
barmerge.gaps is disabled
barmerge.lookahead is enabled
Configuration
Intense Level: default is 6, to provide signal frequency to the chart, the lower number will return more signal, the image is 3, means more attentions or actions*] Possible repainting because I use security function
Custom Timeframe: default is using chart time frame, to calculate signal based on different timeframes without change the chart time frame.
Strategy: Other approaches long or short algorithm
Global Market Signals: Is the Trend Your Friend? AlgorithmWelcome!
This is a fully customizable strategy to help generate great trade signals as well as provide basic analysis on any market of your choice. All the trades occur at the open of a candle.
Settings:
1. Long or Short
2. Look back length
3. New Highs or New Lows?
4. Trade Duration
5. Trend SMA Length
6. Above or Below Trend SMA
Example:
Using a Daily SPY chart.
The Default Settings are:
1. Long
2. 10
3. New Lows
4. 5
5. 200
6. Above
What this means is that you will be going long when there is a new 10 day lowest close, you'll hold the trade for 5 days, and the trades only occur above the 200 day simple moving average.
**When you test your settings, make sure that in the Properties tab, you have the "Order Size" set at 100 and in the drop down menu to the right, make sure "% of equity" is selected.**