Band of Filtered RS by Mustafa ÖZVERBand of Filtered RS by Mustafa ÖZVER
This code shows a range (max-min values) price may get if we get strong movements. These values is based on RSI (Relative Strange Index). And also these are calculated using RSI, if we get trades to make rsi is equal to 25 (or rsi down limit) or 75 (rsi up limit) or any value you set, how much will price value get? This code calculate these and shows these to you on graph.
This price are between these band limits because we expect cross reaction to hard movements on price.
For scalping, we can use these values as
long signal when price under down limit,
short signal when price over up limit,
But only these values can not guarantee good results for trading. BE CAREFUL
Short-long
Ichimoku Cloud with ADX (By Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
DMI is simple to interpret. When +DI > - DI, it means the price is trending up. On the other hand, when -DI > +DI , the trend is weak or moving on the downside. The ADX does not give an indication about the direction but about the strength of the trend.
Typically values of ADX above 25 mean that the trend is steeply moving up or down, based on the -DI and +D positioning. This script aims to capture swings in the DMI, and thus, in the trend of the asset, using a contrarian approach.
Trading on high values of ADX , the strategy tries to spot extremely oversold and overbought conditions. Values of ADX above 45 may suggest that the trend has overextended and is may be about to reverse.
This strategy combines the Ichimoku Cloud with the ADX indicator to better enter trades.
Long/Short orders are placed when these basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
MACD line crosses over the signal line
-DI is greater than +DI
ADX is greater than 45
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
MACD line crosses under the signal line
+DI is greater than -DI
ADX is less than 45
The script is backtested from 1 January 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on MATIC (15m timeframe), ETH (5m timeframe), and SOL (15m timeframe).
Ichimoku Cloud with MACD (By Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 12-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9.
This strategy combines the Ichimoku Cloud with the MACD indicator to better enter trades.
Long/Short orders are placed when three basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
MACD line crosses over the signal line
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
MACD line crosses under the signal line
The script is backtested from 1 June 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on MATIC (1h timeframe), AVA (45m timeframe), and BTC (30m timeframe).
Ichimoku Cloud with RSI (By Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
This strategy combines the Ichimoku Cloud with the RSI indicator to better enter trades.
Long/Short orders are placed when three basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
RSI is greater less than 50
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
RSI is greater than 50
The script is backtested from 1 June 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on SOL (45m timeframe), BNB (1h timeframe), and ETH (1h timeframe).
Daily Scalping Moving AveragesThis is a technical analysis study based on the most fit leading indicators for short timeframes like EMA and SMA.
At the same time we have daily channel made from the last 2 weeks of ATR values, which will give us the daily top and bottom expected values(with 80%+ confidence)
We have 3 groups of lengths for short length, medium length and a bigger length.
At the same time we combine it with the daily vwap values .
In the end we are going to have a total of 7 indicators telling us the direction.
The way we can use it :
The max ratings that we can have are +7 for long and -7 for short
In general once we have at least 5 indicators(fast and medium ones) giving us a direction, there is a high chance that we can scalp that trend and then we can exit either when we will be at +7 or close to neutral point
At the same time is very important to be aware of the current position inside of the TOP/BOTTOM channel that we have.
For example lets assume we are at 40k on BTC and our top channel is around 41-42k while the bottom is around 38k. In this case the margin that we have for long is much smaller than for short, so we should be prepared to exit once we reach the top values and from there wait and see if there is a huge continuation or a reversal. If the top channel was hit and the market started the rebounce going downwards and the moving averages confirms it, then we have a huge advantage using the top points as a STOP LOSS and continue the short movements, giving us an amazing risk/reward ratio .
If you have any questions let me know !
Momentum Strategy (BTC/USDT; 1h) - MACD (with source code)Good morning traders.
It's been a while from my last publication of a strategy and today I want to share with you this small piece of script that showed quite interesting result across bitcoin and other altcoins.
The macd indicator is an indicator built on the difference between a fast moving average and a slow moving average: this difference is generally plottted with a blue line while the orange line is simply a moving average computed on this difference.
Usually this indicator is used in technical analysis for getting signals of buy and sell respectively when the macd crosses above or under its moving average: it means that the distance of the fast moving average (the most responsive one) from the slower one is getting lower than what it-used-to-be in the period considered: this could anticipate a cross of the two moving averages and you want to anticipate this potential trend reversal by opening a long position
Of course the workflow is specularly the same for opening short positions (or closing long positions)
What this strategy does is simply considering the moving average computed on macd and applying a linear regression on it: in this way, even though the signal can be sligthly delayed, you reduce noise plotting a smooth curve.
Then, it simply checks the maximums and the minimums of this curve detecting whenever the changes of the values start to be negative or positive, so it opens a short position (closes long) on the maximum on this curve and it opens a long position (closes short) on the minimum.
Of course, I set an option for using this strategy in a conventional way working on the crosses between macd and its moving average. Alternatively you can use this workflow if you prefer.
In conclusion, you can use a tons of moving averages: I made a function in pine in order to allw you to use any moving average you want for the two moving averages on which the macd is based or for the moving average computed on the macd
PLEASE, BE AWARE THAT THIS TRADING STRATEGY DOES NOT GUARANTEE ANY KIND OF SUCCESS IN ADVANCE. YOU ARE THE ONE AND ONLY RESPONSIBLE OF YOUR OWN DECISIONS, I DON'T TAKE ANY RESPONSIBILITY ASSOCIATED WITH THEM. IF YOU RUN THIS STRATEGY YOU ACCEPT THE POSSIBILITY OF LOOSING MONEY, ALL OF MY PUBBLICATIONS ARE SUPPOSED TO BE JUST FOR EDUCATIONAL PURPOSES.
IT IS AT YOUR OWN RISK WHETHER TO USE IT OR NOT
But if you make money out of this, please consider to buy me a beer 😜
Happy Trading!
Bitfinex Long Short Per Periodshows degen activity for whatever time period
light blue = short close
red = short open
green = long open
yellow = long close
i have opened the source for this because its ez and i love taylor swift
Double Exponential Moving Average 8-20-63 StrategyHello, this script was made upon the request of aliergin63, one of my followers.
I do not know exactly from whom it is quoted. (It may be author HighProfit.)
Long position when 8 dema is over 20 dema and 63 dema,
it opens a short position for the vice versa.
Alarms have been added.
%0.1 comission added.
Regards.
Note : DEMA = Double Exponential Moving Average
TSI CCI Hull with profit$$$$ , Alert versionThis is a modified version of @SeaSide420 TSI CCI Hull with profits exit on long and short order with alert as well
original script :
the strategy script:
/// feel free to edit/improve and comment
Multiple BTC RSIs in a single indicatorPlots in a single indicator the Bitcoin RSI of multiple exchanges. The selected exchanges are Bitmex, Binance and Coinbase. The reason is that these are the ones with the highest 24h volume (coinmarketcap) and have a ticker available in Trading View.
One drawback with this indicator is that it doesn't automatically adjusts its resolution when the Bitcoin chart is rendered across timeframes. You have to manually update the time resolution in the settings window for the indicator.
XRPBTCSHORTS XRPBTCLONGS - Bitfinex XRP Shorts & Longs// Created by titanlyy
// This script was inspired by @autemox who created the BTC version of this.
// Hope this helps. Peace out.
// 7th September 2018
BTC longs n' shortsA indicator that neatly shows you BitFinex margin longs and shorts that can be put on any chart!
Bitfinex BTC longs vs Short & RatioSince the last BTC Short Squeeze on Bitmex maintenance I decided to made a Indicator plotting Long:Short ratio, and their respective graphs.
Green = Longs
Red = Shorts
Black = Ratio (Longs:Shorts)*Close <= Close price just for chart normalization!
I hope you find it useful.
NOTE: It isn't a prospective indicator, but try to find out who's bitching the market and when ;p
Bitfinex Longs vs Shortssexy view of the current long/short positions on Bitfinex. I saw some pay-for, hidden-source-code version of this and thought: "oh man."
RSI BitfinexRSI applied to BTC longs/shorts ratio on Bitfinex. You can use the oscillator as you'd use RSI:
- Divergences
- Oversold/overbought signals
- R/S on the indicator
- Trend indication
- etc
CMYK RMI ARROWS◊ Introduction
I started using this script because of its fast reaction, and good tell for buy/sell moments.
For larger timescales, the overall trend should be taken into account regarding the levels.
In the future i will update this indicator, to automatically adjust those.
This is the Overlay expansion of the Indicator Linked below.
◊ Origin
The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago.
This results in an RSI that is smoother.
◊ Adjustments
CMYK color theme applied.
Four levels to indicate intensity.
Two Timescales, to overview the broader trend, and fast movements.
◊ Usage
RMI indicates overbought and oversold zones, and can be used for divergence and trend analysis.
◊ Future Prospects
Self adjusting levels, relative to an SMA trend.
Alternative RMI, which functions as an overlay.
◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
░▒▓█ CMYK ◊ RMI █▓▒░
BFXLS - Bitfinex Longs vs. Shorts [compatible on any chart]
This is an edit to an existing script. Original credits to pigloo and Ivturner for the slight tweak.
What's been changed:
This version allows Bitfinex $BTC longs/shorts to be viewed on any chart. It can be helpful when trading alts to find out why price is fluctuating.
I've added a price tracker that will show you BFX's BTCUSD value if you have indicator values on. It doesn't deviate much from the base, so there's not much point in having it visible. You can edit visibility or turn it off.
Enables editing of any ticker of your choice, but references to short and long are made in input to prevent confusion. I haven't had much use for this yet; you can use it as a price graph if you disable everything except for Ticker 3.
From pigloo's script:
Green area = Longs
Red area = Shorts
Lighter area = Longs - Shorts
The data only started recently which is why there is not much history, also I have marked a period of missing data between the vertical lines.
Poorly made example of price tracking;
[naoligo] 12x MA DT (5, 15, 30 & 60)This indicator is based on "Generic 8x MA Plotter", by @LazyBear.
It is also based on my own indicator "10x MA (H, D, W, M)", which is good for Swing Trading and/or Position.
This one is focused in daytrade and it will plot three Moving Averages based on current time interval (under 5 minutes) and nine based on chosen periods by 5, 15, 30 and 60 minutes. You will be able to see where is, for example, a 50 period's SMA of 15 minutes when using a 2 minutes time interval chart. I find it very useful to analyze, in a snap, possible price ranges and enter/exit points. All reference values are from setups known and used by daytraders.
you can choose between EMA or SMA (default: SMA) for each time interval, that are distributed in:
3x MA current time interval;
3x MA 5 minutes;
2x MA 15 minutes;
2x MA 30 minutes;
2x MA 60 minutes.
I've tried to keep the code as simple as possible, so you can increase the number of MA or modify the type for each time interval.
Cons: Use it wisely, because if you choose to plot all the 12 Moving Averages, it will may consume a lot of your navigator resources.
Enjoy!
BFXLS - Compare styleDisplays BitFinex longs and shorts on your chart in the same was as if you add them by using TradingView's "compare" function - major advantage is that this works for all pairs that BitFinex supports without having to manually set up your chart each time.
MACDouble + RSI (rec. 15min-2hr intrv) Uses two sets of MACD plus an RSI to either long or short. All three indicators trigger buy/sell as one (ie it's not 'IF MACD1 OR MACD2 OR RSI > 1 = buy", its more like "IF 1 AND 2 AND RSI=buy", all 3 match required for trigger)
The MACD inputs should be tweaked depending on timeframe and what you are trading. If you are doing 1, 3, 5 min or real frequent trading then 21/44/20 and 32/66/29 or other high value MACDs should be considered. If you are doing longer intervals like 2, 3, 4hr then consider 9/19/9 and 21/44/20 for MACDs (experiment! I picked these example #s randomly).
Ideal usage for the MACD sets is to have MACD2 inputs at around 1.5x, 2x, or 3x MACD1's inputs.
Other settings to consider: try having fastlength1=macdlength1 and then (fastlength2 = macdlength2 - 2). Like 10/26/10 and 23/48/20. This seems to increase net profit since it is more likely to trigger before major price moves, but may decrease profitable trade %. Conversely, consider FL1=MCDL1 and FL2 = MCDL2 + (FL2 * 0.5). Example: 10/26/10 and 22/48/30 this can increase profitable trade %, though may cost some net profit.
Feel free to message me with suggestions or questions.
