DOP - Load-Level Identification & Setup Assistant (L.I.S.A)This toolkit is made up of more than 3+ innovative indicators that have been designed to assist people in trading smart-money concepts. Get access to a variety of trading tools & relevant data all within one indicator to create your own, smart-money trading strategy.
Catering To SMART-Money Trading Styles
Our toolkit works in any market & allows users to:
• Detect the trend of the market by displaying real-time changes in market structure.
• Detect institutional activity in the market by highlighting structural changes.
• Get automatic order block support and resistance levels in real-time to assist with order entry placement and target take profit levels.
• Timely removal of order blocks that have been run through to give a clear picture of current market structure.
How Does It Work?
The algorithm tracks key pivot points within market data and when these are broken by price movements it provides key information to the user such as when it broke structure, where it broke structure and what levels are now considered support and resistance.
Trend Bar Colouring
The trend bar colouring feature provides a clear visual indication of the market trend by colouring candles red or green depending on the last break in market structure.
Market Structure Breaks
Breaks in market structure are displayed with a single line between two candles, this indicates that there may have been a shift in market trend.
Order Block Levels
Once structure breaks it creates support and resistance levels which can help in trade entries and deciding on take profit targets; these are displayed in real-time with colour coded boxes at either the support or resistance levels. If a level has been broken it is automatically removed from the chart to give a clear representation of the current market state.
If you are using this script you acknowledge past performance is not necessarily indicative of future results and there are many more factors that go into being a profitable trader.
You can see the Author's instructions below to get instant-access to this indicator.
Smartmoney
Smart Money OscillatorSmart Money Oscillator
Class : oscillator
Purpose : intraday
Period : 15 min – 1 hour
Idea of the Indicator
Smart Money Oscillator is the next step in evolution of oscillators. It uses regression analysis technics to calculate the theoretical price of the asset and compare it with the actual price. This price difference is used to define whether current prices are overbought or oversold.
“Smart Money Oscillator” is very volatile and provide much more signals than traditional oscillators like RSI or Stochastic. It can be used for active trading in volatile assets like Nasdaq index.
Structure of the Indicator
Indicator consists of two oscillatory lines: main (blue colored) and signal (red colored). Overbought and oversold zones are indicated with black dotted horizontal lines.
Rules of trading
Rules of trading are typical for oscillators.
• When the oscillatory line enters the overbought zone – long positions should be closed and after line reversal short position should be opened.
• When the oscillatory line enters the oversold zone – short positions should be closed and after line reversal long position should be opened.
Signal line is used to reduce the level of noise in the oscillatory line dynamics.
Access to the indicator
Please address all questions about this indicator (including access to it) in private messages.
Orderblocks (Nephew_Sam_)Highlights orderblocks based on fractal market structure.
Whenever a new fractal high/low is created, it will search for the Orderblock and plot lines and labels
Note: this indicator does not have an option to delete once filled.
Options:
1. Select 3/5 bar fractal
2. Plot lines and labels on OB's
- Ability to filter OB only when a candle is fully engulfed
3. Change bar color of engulfed candles
FVG (Nephew_Sam_)Plots fair value gaps or imbalances on the chart.
Imbalances are a skip in liquidity, zones where prices move quickly away from, which causes orders to not be fully filled in there. Think of it as weekend gaps, but during trading hours.
Settings:
1. Line Length - length of plotted lines
2. Delete Lines - Delete lines after FVG is filled
3. Fill Option - is fill candle close above/below fvg or if candle wick touches end of fvg.
4. Color - change color of FVG bull and bear lines
Smart Money Oscillator [Nic]Smart money index (SMI) or smart money flow index is a technical analysis indicator demonstrating investors' sentiment. The index was invented and popularized by money manager Don Hays. The indicator is based on intra-day price patterns.
The main idea is that the majority of traders (emotional, news-driven) overreact at the beginning of the trading day because of the overnight news and economic data. There is also much buying on market orders and short covering at the opening. Therefore, the basic strategy is to bet against the morning price trend and bet with the evening price trend. The SMI may be calculated for many markets and market indices (S&P 500, Dow Jones, etc.)
This script turns the smart money index into an oscillator so you can determine the relative strength of the smart money.
COT Net Positions Index - Currencies Only (Legacy Report)This indicator is based on the Commitment of Traders legacy report and compares the combined net noncommercial positions of the base and quote currency to the combined commercial positions of the base and quote currency.
The indicator currently works on aal the major and minor currency pairs including the inversed charts, and I will be adding exotic currencies and metals shortly. Please request any other instruments in the comments below.
Something to be aware of is that for any pair containing the U.S. Dollar, the U.S. Dollar is represented by the U.S. Dollar Index. For example, if we take the EURUSD the script combines the Euro FX futures contracts and combines the U.S. Dollar Index futures contracts, where as with for example the NZDCAD, the New Zealand Dollar is indexed against the Canadian Dollar. You should keep this in mind, because the Euro positions are 125,000 Euro FX futures contracts, while the U.S. Dollar Index futures contracts are only 1,000 U.S. Dollars.
By default the total open interest and net total of all the positions are showing as well, however, these can be turned off in the indicator settings along with the noncommercial and commercial positions.
You can also turn on the indicator lables on the scale, and it will show the name label for the open interest, noncomercials, commercials, and net total.
Smart Money ChecklistJust a basic info panel I made to remind me of my trading strategy.
I couldn't find a script close enough to what I wanted so I made this.
Be free to tweak it to your needs.
Zeta BreakoutIf I ask you what moves the price, most of you will say the same old answer: Demand & Supply
But who creates Demand & Supply? You or Me, the retailers? No. It is Big Institutions and Mutual Funds and Big Banks which create this demand and supply because the
share of retailers in Stock Market is so little it does not affect the price in a big way.
The Big Institutions, Mutual Funds, Big Banks or in some cases Governments, are collectively called Smart Money.
When Smart Money steps in, the previous levels of Support or Resistance are broken and then the up or down move starts which most probably goes a certain distance.
Now the Support or Resistance levels are not static, they are dynamic in nature and keep changing with the time.
How does this indicator work?
Zeta Breakout dynamically and automatically detects and marks these levels and when the price break-outs or break-downs or bounces up or down from these levels, the Buy or Sell Signals are generated for you to follow.
The indicator keeps watching previous or newly created levels of Support or Resistance and as soon as price crosses these levels or bounces from these levels, the user is alerted in the form of 'Buy' or 'Sell' Signals.
How to use this indicator?
1. When you see a Buy Signal, take Buy Position and hold it till either (a) You see opposite signal or (b) Your Stop Loss is hit which is ideally the low of candle preceding the signal candle or any other user defined SL. If your stop loss is hit and then price again starts moving in the same direction as indicated by the last Buy signal, take a fresh position as soon as the price crosses the level where previous signal is sitting.
2. When you see a Sell Signal, close your Buy Position, take a Sell position and hold it till either (a) You see opposite signal or (b) Your Stop Loss is hit which is ideally the high of candle preceding the signal candle or any user defined SL. If your stop loss is hit and then price again starts moving in the same direction as indicated by the last Sell signal, take a fresh position as soon as the price crosses the level where previous signal is sitting.
What are the target instruments/markets for this indicator?
This indicator can be used on Stocks, Indices, Gold , Silver , Currency Pairs, Crude Oil or anything being trades on any exchange in the world.
This indicator is not limited to any specific time-frame. You may select any time-frame which suits your trading style.
How can you get this indicator?
This is an invite-only paid indicator but we can give you FREE TRIAL for 05 days if you are interested.
For Free Trial, send a message to @jellygill
Zeta ScannerIt is a well known fact that actual drivers of the market are Big Institutions, Mutual Funds & Big Guys with deep pockets.
They have large amounts of money to invest and they buy & sell in bulk.
When they buy, often their objective is to buy at lower levels (below average price of the day) & when they sell they sell at higher levels (above average price of the day).
Zeta Scanner seeks to detect this activity. When aggressive buying or selling starts where Buying & Selling Forces become unequal, the Price starts moving in one direction with candles making Higher Highs or Lower Lows.
Zeta Scanner detects these Higher Highs or Lower Lows and generates Buy or Sell signals when this happens.
In order to use this scanner, simply deploy this on your chart, and wait for Buy/Sell signals.
Primarily, it is meant for Intraday trades and works best with 5 min, 10 min, 15 min & 30 min. time frames.
When a Buy Signal is followed by Sell signal (let it be after 3 - 4 candles or after many candles) or vice-versa, you have to switch your position to make most of the reverse move.
It is a general purpose indicator and may be used on stocks, commodities and currencies alike and is not meant for any specific market.
Effort v RewardThis is the same as my Effort v Reward script but instead is an overlay that changes the background color rather than using a pane at the bottom. A little less info but more at a glance.
Earthquake Effect by DGTInstitutional investors have a profound impact on financial instruments prices because of the large volume, and their trading activities can greatly impact the price of financial instruments. They sometimes may split trades over time in order to not make a material impact and of course not to decrease liquidity to the point where there may be no one to take the other side of the trade.
Institutional investors (Smart Money) may create an Elephant Effect on the prices of financial instruments, and this study aims to display by emphasizing high volume changes
In the memory of the North Anatolian Earthquake that struck on August 17, 1999, that we remember with pain today, and similarities of plotting outcomes to seismograph plotting I preferred to name this study as Earthquake Effect (SEISMOGRAPH)
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
MCDX ProMCDX Pro
Detail Explanation:
This indicator shows the status of operators and how the bankers shake out the locked chips.
Green Bar - Locked Chips
Yellow Bar - Floating Chips
Red Bar - Profitable Chips
How to use the indicators?
There are two bars that need to be focused on this indicator which is the Green Bar and Red Bar.
Green Bar means the market share still in loss and many shareholders that stuck are ready to cut loss. This caused the price of the market shares harder to increase and becoming uptrend again until it breaks certain resistance.
Red Bar means the market share is in profit and many shareholders still want to push the price. The higher the Red Bar, the stronger the momentum of the market shares.
This indicators best to be used in timeframe 5minutes(tf5m), timeframe 30minutes(tf30m), and timeframe 1hour(tf60m).
Contact me if you want to try this indicator.
SMT-FT-GRIDSMT + Fractal Trend - Multi Time Frame
Toggle time frame 3 on/off (When on, time frame 3 is set to the chart time frame)
Toggle time frame header on/off
When timeframe 3 is turned off, hover over any of the labels to view a tooltip that displays time frame 3 bias
To configure grid see grid instructions below (the indicator in the gif is the SMT but same concept applies)
***** Make sure all instances of the indicator are pinned to the same scale *****
gifyu.com
Note: Tradingview has a security call limit of 40. Due to the MTF aspects of this script I am limited to one ticker per instance.
Please don't ask if it's possible to add more.
MCDX PlusINTRODUCTION
Upgraded version of MCDX (Add Moving Average) PROTECTED VERSION
This indicator is similar to original MCDX to detect Buyer and Seller momentum based on Price and Volume to detect Buyer and Seller momentum
This indicator helps to detect “Strong Buyer Activities a.k.a Bankers” based on volume and price movement.
HOW TO USE THE INDICATOR?
There are 2 parts . BARs & Moving Average Lines
BARs
RED BAR = POSSIBILITY of BANKER VOLUME
YELLOW BAR = POSSIBILITY of HOT MONEY VOLUME
GREEN BAR = POSSIBILITY of RETAILER VOLUME
Red Bar Increase means Buyer's momentum increases.
Green Increase means Seller's momentum increases.
We focus on RED Bar to buy. i.e PREFERABLY we buy when RED bar increase.
Example:-
If Banker’s Bar (Red Bar) crosses above 5 (25%) = Banker begins to build position
If Banker’s Bar > 10 (50%) = Banker already built positions. Price will start accelerate
If Banker’s Bar > 15 (75%) = Banker in control. Price will rocket
If Green colour is Retailer (Avoid)..
MCDX Plus comes with Moving Average
DEAD CROSS (shares down)
Banker’s MA cross below Retail’s MA
Banker’s MA cross below Hot Money’s MA
Hot Money’s MA cross below Retail’s MA
GOLDEN CROSS (shares up)
Banker’s MA cross above Retail’s MA
Banker’s MA cross above Hot Money’s MA
Hot Money’s MA cross above Retail’s MA
Contact me to find out more about Turtle Trading System and indicators
SMT-Dashboard-MTF
Ability to view the smt trend of 3 times frames in one indicator
Time frames are user configurable
Turn on/off agreement highlights
Alerts enabled for each time-frame and for when all time frames are all in agreement
Usage Note: To accurately display the smt trends the chart must be opened on a time-frame that is equal to or less than the lowest time-frame specified in the indicator. Tradingview can accurately display higher time frame information on a lower time frame chart but not vice-versa. e.g If the lowest time frame selected is the H1 then view the indicator on the H1 chart or below.
LuxAlgo® - Oscillator Matrix™Oscillator Matrix™ is an all-in-one indicator that incorporates 6+ unique components designed for interoperability & confluence with one another to provide a powerful trend following & reversal detection experience.
Users can create various ways to utilize the indicator's features together such as looking for excess money flowing into the market alongside strong reversal signals appearing or getting real-time divergence signals alongside a lack of money flowing into the market to predict upcoming trends.
This indicator is described as an 'Oscillator Matrix' as it's made up of many different components that can create a systematic approach to analyzing markets alone, however, the indicator also can serve as a great secondary piece to a user's primary analysis with or without our other LuxAlgo Premium indicators.
🔶 FEATURES
Below we describe each component of Oscillator Matrix™ in order of each's significance for the most confluent analysis possible.
Money Flow - Easily see the amount of buying or selling liquidity entering the market by analyzing the green & red waves and how they react with their thresholds to achieve further insight. Best to analyze first before considering any signals the indicator can generate.
Thresholds - Dynamic levels that align above/below the Money Flow to show at which level significant buying or selling is actually taking place.
Overflow - Small lighter waves that occur within the Money Flow's display when excess buying or selling activity is occurring to accurately predict upcoming reversals.
Hyper Wave - An oscillator ribbon in green/grey that provides highly reactive trend following signals & powerful divergence detection.
Real-Time Divergences - Real-time divergence labels that appear on the Hyper Wave oscillator's adaptive ribbon. A highly effective approach to a concept that's not typically done for oscillators. Users can also increase the sensitivity of divergences within the settings.
Reversal Signals - Small dots on the upper or lower boundaries represent high frequency points that indicate possible reversals or a warning signal to upcoming larger reversal signals which are indicated separately by the large triangular arrows on the top & bottom of the indicator's panel.
Confluence Zones - Allows the Money Flow & Hyper Wave oscillator to be used together to display easily interpretable shades of bullish & bearish activity. Brighter, more vibrant colors indicate strong bullish or bearish confluence between these 2 features.
Confluence Meter - An optional display at the current bar to easily find the current level of confluence between all features within Oscillator Matrix™ indicated by the arrow pointing to bullish or bearish levels. (Disabled by default)
Generally, we recommend using these features in order from first to last, whereas analyzing components of the Smart Money Flow category prior to considering other features in your analysis is most productive to ensure you find proper confluence alongside any signal that is generated.
🔶 USAGE
In the image below, we can see 5 points of interest to a user analyzing Oscillator Matrix™ based on various different behaviors.
Point 1 : Here we can see a large reversal signal arrow at the bottom of the panel. These signals, like all signals in LuxAlgo Premium & any indicator in general are not meant to be used as buy/sell signals themselves.
What makes this signal particularly more of interest opposed to other reversal signals that may not play out right away is the Money Flow that corresponding as weak. We can tell the Money Flow is weak because it is not near the red threshold level.
This indicates to us that there is not real selling pressure occurring and that the market could easily reverse in these conditions.
Point 2 : In this specific area we can notice the Money Flow in green is moving upwards alongside the green threshold level. This combination indicates a high probability there is a lot of real buying volume coming into the market, opposed to the previous example (point 1) where the Money Flow was not near the threshold level.
We can also notice the Hyper Wave Oscillator is printing a green dot while above the 50 value on Oscillator Matrix™ panel, further indicating a likely bullish impulse to come.
Point 3 : There are multiple indications here showing us the market may potentially be reversing. The most notable being the larger red reversal arrow, however, as we mentioned previously these cannot be used by themselves.
A further indication is that on the Money Flow we can see Overflow has occurred by the lighter small wave that has appeared & is now turning downwards. This indicates that an excess of buyers have come into the market & are likely to be washed out with a move to the downside.
We can see this happen once again about 8 candles later paired with a high frequency reversal signal (red dot) which marked a local high before the larger impulse down.
Point 4 : You can notice during the recent 25 or so candles the high frequency reversal points (green & red dots) have been highly effective for indicating potential local highs & lows in real-time.
There was a previous real-time bullish divergence detected while Money Flow was strongly in the red and this did indicate a small move upwards, however, with the Money Flow still holding in the red, another high frequency reversal dot, and then as the Money Flow begins to decrease further, we see a clean local top detected here at point 4.
Point 5 : As the lower Confluence Zone moved into the bright red, we saw a large move to the downside and a large bullish reversal signal printed in real-time as well.
Just like point 1, we have a very clear indication the selling has stopped as we further analyze the Money Flow is nowhere near it's true Activity Line.
This analysis combined gave us a further indication of a larger reversal which played out with no lag at all as all reversal signals are fully predictive separate from the Hyper Wave oscillator itself, which can be used as a further trend following approach alongside signals & money flow.
🔶 NAVIGATING MARKET CONDITIONS
In the image above we can see another example with 6 new points of interest marked in green & red shaded areas, all accompanied by a list of possible interpretations of the indicator.
The importance of this usage example is to demonstrate the ability to focus on certain components of the indicator during specific market conditions. For any indicator attempting to catch reversals, trending market conditions will be a detriment to its usability.
The same amount of the components within Oscillator Matrix™ will support trending market conditions as there are components to support ranging market conditions. The indicator further aims to provide clear abilities to detect when the market is likely trending or ranging.
With an understanding of the components within the Smart Money Flow section particularly such as the Overflow & Thresholds, it's possible to develop a more significant understanding of when to consider the market is trending vs when to consider the market may be ranging.
By doing this, we can potentially determine at certain points when to 'filter out' reversal signals or to just consider them merely indications of local tops/bottoms opposed to significant tops/bottoms.
Analyzing a significant Overflow particularly is useful to consider a trend potentially coming to an end. For example, at point 5 in the image above we had a clear downtrend only until there was a very considerable amount of Overflow that begun a real reversal.
We recommend studying the outlined chart above & the list of indications at each shaded area to develop a deep understanding of how to navigate varying market conditions & spot various points of confluence during reversals.
🔶 CONCLUSION & ACCESS
This indicator is an extremely comprehensive approach to an oscillator that allows users to further develop a systematic approach to trading and can be paired great alongside other forms of technical analysis such as our LuxAlgo Signals & Overlays indicator.
Although we believe this indicator to be useful, it's critical to understand that past performance is not necessarily indicative of future results and there are many more factors that go into being a profitable trader.
You can see the Author's instructions below to get instant access to Oscillator Matrix™ & our LuxAlgo Premium suite.
SMT-MTF-GRIDSmart Money Tracker - Multi Time Frame
Instructions to combine multiple instance of the indicator to form a larger grid
gifyu.com
Badshai Trading ToolsBadshai Trading Tools is the tool where Buy and sell signals generates automatically according to the candles behavior.
It uses WD Gann Levels to calculate entry point with the help of VWAP .
Pivot points determines the recent support and resistance levels.
Trading rule for this indicator
This indicator is designed for Indian equity stocks
Best performance is expected on 10 minutes chart basic user can use 5 minutes chart for stock value less than 500 rupees, else 15 minutes chart
Plotted line shows the market sentiment, green for buy, red for sell and black for neutral market.
Order thumb rule
For buy signals there is a up triangle in green color
For sell signal there is a down triangle in red color
1. avoid any trade signal before 9:35 AM Indian time
2. signal and related stop loss candle must be formed in the same day
3. if order placed in 5 minutes chart then don't go for a target of 15 minutes chart
4. if order placed in 15 minutes time frame and target is too far then check the target in 5 minutes time frame
5. if signal candle touches the target then avoid the signal.
6. Money management is most important for this indicator.
7. Take trade only if it satisfy risk reward ratio.
8. It has long target but need patience.
Signal
using vwap calculates gann square of 9 levels and if any smart money activity on that level then checks the confirmation of the trend by higherhigh or lowerlow formation
Buy Entry : entry price should be on the high of the candle before signal for buy and sl on bottom of flagged candle just before signal
SellEntry : entry price should be on the low of the candle before signal for sell and sl on top of flagged candle just before signal
Please add some extra value to the Stop Loss for safe trading
Warning : Don't place any order without stop loss, This tool is made for educational and learning purpose only, take any trade at your own risk.
Intraday Masters AnalogyIntraday Masters Analogy is the tool where Buy and sell signals generates automatically according to the candles behavior.
It uses WD Gann Levels to calculate entry point with the help of VWAP.
Zigzag trend lines shows the momentum behavior for last few days and shows whether it following current trend or building new trend.
Pivot points determines the recent support and resistance levels.
Trading rule for this indicator
This indicator is designed for Indian equity stocks
Best performance is expected on 5 minutes chart or 15 minutes chart
Order thumb rule
1. avoid any trade signal before 9:35 AM Indian time
2. signal and and related stop loss candle must be formed in the same day
3. if order placed in 5 minutes chart then don't go for a target of 15 minutes chart
4. if order placed in 15 minutes time frame and target is too far then check the target in 5 minutes time frame
5. if signal candle touches the target then avoid the signal.
6. Money management is most important for this indicator.
7. Take trade only if it satisfy risk reward ratio
Signal
using vwap calculates gann square of 9 levels and if any smart money activity on that level then checks the confirmation of the trend by higherhigh or lowerlow formation
Buy Entry : entry price should be on the high of the candle before signal for buy and sl on bottom of flagged candle just before signal
SellEntry : entry price should be on the lowof the candle before signal for sell and sl on top of flagged candle just before signal
Warning : Don't place any order without stop loss
NYSE Volume UP FLOW VS Down FLOW ULTIMATE VOLDNYSE Volume UP FLOW VS Down FLOW ULTIMATE StokedStocks
BASED OFF THE VOLD INDEX
The VOLD (also $VOLD) is the difference between the up volume and down volume on the NYSE. i.e. NYSE $UVOL minus $DVOL; the net up volume.
If you consider that VOLD is the net value between UVOL (up volume) and DVOL (down volume) then you need to understand these two to understand VOLD.
UVOL or DVOL are a total of the volume on all stocks that are up or down in price. Up or down is based on the previous session's closing price. The size of the stock's price change is irrelevant.
If the stock is up only $.01, then its volume is grouped into the UVOL total. If that stock's price then drops by $.02 it will be down $.01 and the day's volume for that stock will now be grouped with the DVOL total.
Note that when a stock moves from being an up stock to a down stock its volume will be removed from the UVOL total and added to the DVOL total. Say the stocks volume is 1 million shares when it moves from up to down. The DVOL will increase by 1 million and the UVOL will decrease by 1 million which means that VOLD will decrease by 2 million.
NYSE Up/Down Volume Ratio is often used as a barometer for stocks trading on all U.S. Exchanges even though it is calculated based on stocks listed on the New York Stock Exchange.
NYSE Up/Down ratio represents the volume of NYSE stocks that are advancing divided by the volume of declining stocks.
The volume of advancing stocks or upside volume is the sum of the volume or the number of shares traded associated with stocks that closed higher.
The downside volume is the total number of shares traded that are associated with stocks that closed lower.
The interpretation of the NYSE Up/Down ratio is rather simple. A value higher than one indicates that there is more volume associated with up stocks than with down stocks and it is usually interpreted as a bullish signal.
Obviously, a bearish signal occurs when the NYSE Up/Down ratio is lower than one, which tells us that there are more volume associated with down stocks than with up stocks.
Check out my other indicators and website stokedstocks.wordpress.com for tons of free stock training books and pictures and settings
Moving Averages (Self-Adjusting Param for Highest Profitability)Moving Averages (Self-Adjusting Parameters for Highest Profitability)
It is a dual moving average crossover system - Smart Moving Averages .
Moving averages are used to identify current price developments and the potential for a change in an established trend.
The crossover in a dual moving average system can be used as a trigger to buy or to sell an asset, or as a trend reversal indication.
The crossover occurrence depends on the periods for which the moving averages are calculated. Using constant period values may not bring the best results.
The Smart Moving Averages change their periods automatically to get the highest profitability .
The concept is similar to the Smart SuperTrend .
Features:
• Self-Adjusting Period parameters
• The graphs for Profitability, Moving Average 1 Period, Moving Average 2 Period and the Moving Averages themselves are available to choose for display from the indicator settings
• A chart layout can be made just for the Smart Moving Averages, having all the graphs nicely displayed
• Alerts for changes in Trend, Moving Average 1 Period, Moving Average 2 Period, Profitability
• Different types of Moving Averages are available to choose from in the indicator settings (SMA, EMA, RMA, WMA, VWMA, DEMA, TEMA, HullMA, TMA).
The range for Moving Average 1 Period, Moving Average 2 Period and Time can be changed in the indicator settings (suggested optimal values are displayed on the chart).
This affects the loading speed (smaller range, faster to load), as well as the accuracy of the signals.
The indicator switches to the most profitable Moving Average 1 Period and Moving Average 2 Period parameters automatically, in real-time.
It scans across the entire historical data made available by TradingView.
The Smart Moving Average system works on all timeframes and symbols available on TradingView.
Exception for when the Volume Weighted Moving Average is used - it doesn't work for symbols without volume data.
It does not repaint!
But several aspects must be considered:
- 1. TradingView periodically removes access to old data while giving access to new data in real-time.
____ The frequency depends on the timeframe, amount of data. It can happen daily for second charts, weekly for minute charts.
____ Since the Indicator wouldn't have access to that old data anymore, the Profitability may change its value, causing a certain degree of repainting.
- 2. The starting time for Backtest must be inserted in the settings panel.
____ As long as the starting time has available price data, the Smart Moving Averages will NOT get repainted.
____ A suggested starting date for the analysis is shown on the chart. Insert the date in the indicator settings.
This indicator is compatible with the Wrapper Module of the Risk Management System indicator, which means they can work together as a trading bot.
SuperTrend (Self-Adjusting Parameters for Highest Profitability)SuperTrend (Self-Adjusting Parameters for Highest Profitability)
The SuperTrend is a trend-following indicator.
It works best when it is used along with other indicators.
It performs well in trending markets and can give false signals in volatile markets.
It becomes Smart when its Multiplier and Period parameters are automatically detected .
• Self-Adjusting Multiplier and Period parameters
• The graphs for Profitability, SuperTrend Multiplier, SuperTrend Period and the SuperTrend itself are available to choose for display from the indicator settings
• A chart layout can be made just for the Smart SuperTrend, having all the graphs nicely displayed
• Alerts for changes in Trend, Multiplier, Period, Profitability
The range for Multiplier, Period and Time can be changed in the indicator settings.
This affects the loading speed (smaller range, faster to load), as well as the accuracy of the signals.
The indicator switches to the most profitable Multiplier and Period parameters automatically, in real-time .
It scans across the entire historical data made available by TradingView.
The Smart SuperTrend works on all timeframes and symbols available on TradingView.
It does not repaint!
But several aspects must be considered:
- 1. TradingView periodically removes access to old data while giving access to new data in real-time.
____ The frequency depends on the timeframe, amount of data. It can happen daily for second charts, weekly for minute charts.
____ Since the Indicator wouldn't have access to that old data anymore, the Profitability may change its value, causing a certain degree of repainting.
- 2. The starting time for Backtest must be inserted in the settings panel.
____ As long as that starting time has available price data, the SuperTrend will NOT get repainted.
____ A suggested starting date for the analysis is shown on the chart. Insert the date in the indicator settings.
This indicator is compatible with the Wrapper Module of the Risk Management System indicator, which means they can work together as a trading bot .
SMART MONEY - Trade EntryThe fundamental idea behind the strategy that this indicator is used to trade, is that when a move in the market is larger than other recent moves, a move in the opposite direction to a degree of teh first move will often follow.
Use this indicator with the "Smart Money - Trade Overview" to show on the chart where Take Profit 1 (White), Take Profit 2 (Pink), Stop Loss (Grey) and Long & Short Entries (Blue and Red) are located.
Adjusting the Entry and Take Profit settings allows for either an agressive, or reserved entry and take profit strategy. The stop loos can also be adjusted. All adjustments are in terms of a factor of the range of the bar in which they are placed.
If using with "Smart Money - Trade Overview, the settings should be adjusted together.
