BTC Buy Sell Guide (BSG) - MA & RSIhi BTChes,
green is when the price drops below the 100 day MA
red is the intensity of the 14 day RSI
BUY @ green
SELL @ the second or third RSI spike
most importantly, keep in mind fundamentals :)
-joie
Trend
4EMA+3MABased on LazyBear 8MA I decided to do something similar for my personal use. I created an "Alligator" which works with 4 EMA lines and without "future" prediction, it will show you the most recent trend only, creating a later call than the original alligator yet a more precise one. Then there are the 3 MA with huge periods, including 30,50,100. This allows the trader to have a more general idea of the trend compared to that of the 4EMA's which in fact give more value to the current trend. You can change all colors and values.
Details:
As you can see in the graph both EMA & MA work great together. For instance look the blue circle, EMA "Alligator" was crossed giving entry for an early call (which was right), and later on the MA's crossed too! Giving the indication a huge trend was about to appear.
NOTE: Follow my predictions under your own risk. I apreciate all constructive feedback and support on how to improve. Thank you.
Trend Strength IndicatorThis indicator uses Heiken Ashi candle data to plot trend strength signals to your chart.
Bright Green: Heiken Ashi candle data is still putting in higher lows and higher highs, and the price closed above the previous low.
Dark Green: Heiken Ashi candle closed green, but had a lower low or lower high (trend weakening).
Bright Red: Heiken Ashi candle data is still putting in lower lows and lower highs, and the price closed below the previous high.
Dark Red: Heiken Ashi candle closed red, but had a higher low or higher high (trend weakening).
Optional: I included a setting for allowing high RSI values to overrule Heiken Ashi values (disabled by default).
This kind of indicator is best used for managing open positions rather than entering trades. It works on all timeframes and instruments.
Feel free to contact me if you have any questions :)
Regards,
- Matt
PS. Here's a snapshot of it against a Heiken Ashi chart for reference:
ATR+ (Stop Loss Indicator)This script is designed to aid in back-testing and trade execution.
It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short trades .
You can change the stop loss settings to base your stop loss on a set pip amount or by however many multiples of the current ATR as you wish (eg. 1.5x ATR).
Feel free to ask any questions or edit the script without permission :)
- Matt.
Triple MASuper simple.
Three simple moving averages all in a single indicator for your convenience.
Default values:
MA 1 - 20
MA 2 - 50
MA 3 - 100
If you like this or any of my other scripts - please consider chucking some BTC my way ;) 1LbFxAYJSVPxirT8eW31QHaGbySHyPYgMq
Support & Resistance LevelsBasic Visualisation of key support and resistance levels.
This script works best on periods of 15minutes or greater.
The strength of the support/resistance are shown through line thickness, and support levels are shown as green and resistance levels red.
FXMM Zones TF:M5Observe the price reaction in the zones of supply/demand from multiple timeframes. Original idea from Forex MoneyMap, Dynamic Fibonacci Grid etc.
NOTE: Only for M5 !
[RS]Volume Price ChangeEXPERIMENTAL
calculates, price change * volume over a specific time window.
It reflects trend, momentum and volume participation.
It can be used to find divergences.
MA ExtensionThis indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken (signalling the start of a bullish correction) that corresponds to the highs of the chart. The logic behind this indicator is that the breakouts of trendlines of an assets difference from an MA will precede corresponding breakouts of trendlines drawn on raw price. Kind of like Momentum, except it takes trend into account. Momentum has the same leading feature when it comes to drawing trendlines , but trendlines will be harder to draw due to the Momentum indicators oscillatory behavior.
MA ExtensionThis indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken (signalling the start of a bullish correction) that corresponds to the highs of the chart. The logic behind this indicator is that the breakouts of trendlines of an assets difference from an MA will precede corresponding breakouts of trendlines drawn on raw price. Kind of like Momentum, except it takes trend into account. Momentum has the same leading feature when it comes to drawing trendlines , but trendlines will be harder to draw due to the Momentum indicators oscillatory behavior.
MA ExtensionThis indicator measures the vertical distance form the current close to the MA of your choice. I find that it does not work best as an oscillator, but it works well for providing early signals for taking profits when trend continuating. For example, if you go short due to a retracement to the MA (of your choice) take profits when a bearish trendline is broken (signalling the start of a bullish correction) that corresponds to the highs of the chart. The logic behind this indicator is that the breakouts of trendlines of an assets difference from an MA will precede corresponding breakouts of trendlines drawn on raw price. Kind of like Momentum, except it takes trend into account. Momentum has the same leading feature when it comes to drawing trendlines , but trendlines will be harder to draw due to the Momentum indicators oscillatory behavior.
Dynamic Time Oscillator W/ MTF SupportThis script has the option to disable the MTF feature and use it as a plain DTOscillator.
The lines are the fast and slow signals for the current timeframe.
The columns are the second timeframe %K levels.
Green columns signify the second timeframe %K is greater than the second timeframe %D, Red is the reverse of this.
Recursive Moving Trend Average Taken from an article "The Yen Recused" in the December 1998 issue of TASC,
written by Dennis Meyers. He describes the Recursive MA in mathematical terms
as "recursive polynomial fit, a technique that uses a small number of past values
of the estimated price and today's price to predict tomorrows price."
Highest/Lowest Channel Multi-Time FramePlots the Highest and Lowest source price for N bars back. Similar to Donchian Channels except any price source can be used (best results: close ). Can be set to any interval independent of the chart interval. Repainting will occur if the chart interval is less than the indicator interval.
Multi-Day VWAP V2Updated from V1.
Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of:
-> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay),
-> where 'barsForDay' is the total number bars that have elapsed during the day for the chart interval.
The multi-day version tracks the VWAP for N days back, by averaging the previous N - 1 day bars VWAP and the current VWAP for the current bar (chart interval).
This is very different that simply using a volume weighted moving average , since the closing VWAP values are used for the historical day bars. The results are interesting for intraday trades... especially for values of 1, 2, 3, 4, and 5 days.
Version 2 includes the closing VWAP for the previous day. There are enough instances where the price chooses to bounce from the previous day's closing VWAP value that it is worth discussing. Usually this value is at or near the daily pivot, but sometimes not. Circled in the chart are some areas of recent SPY bounces on the previous day's closing VWAP.
It seems that when the 5-Day VWAP and normal VWAP have "enough" percentage separation, that there can be good intraday swing opportunities using bounces off VWAP indicators. This is similar to waiting for Hourly/Daily/Weekly/Monthly/etc pivots to have "enough" separation to allow for swing setups. When pivots are "closely" spaced, odds are the price is range bound for the time period (daily range in the case of day pivots, etc).
Previous closing VWAPs can be plotted for all 5 of the original. As with my other scripts, I welcome all comments to spark new ideas that we can all benefit from.
Enjoy.
cooltoyz: shadow candlesAnother tool for the cooltoyz series :)
tired of having to look at multiple time frames for a ticker, and having to mentally mix them to try to guess/visualize trends, or support/resistance levels? so was i, and with this tool i let the chart do the heavy lifting :)
with this, upper time frames are visualized as shadows imposed on the chart itself. there are two levels:
level 1 - represented with strong green/red for candle body, and a thin line for the candle wicks
level 2 - light green/red for the candle body, lighter still for the wicks
it was the best visually appealing representation i could come with, if you find a better one share it in comments, please :)
basically works the same as the previous tool, the ghost candle, but with two levels of time frames superimposed. the same notes and warnings from the ghost candle apply, so go read them, too lazy for a copypasta :)
you can find the ghost candle here:
Inline Institutional BiasTrend identification indicator. Estimates (higher-timeframe) market state using the "Institutional Bias" MA relationship (9ema - 18ema, 1D timeframe). A "reference" MA (30sma - TRI's preferred MA for Trade Location) is then plotted, and colour-coded according to higher-timeframe market state.
NOTE: All MA lengths, types, and the timeframe to use are configurable, but default as above. All MAs are calculated using the "IB timeframe", even when zoomed in.
15 Minute Gold Trend-Following StrategyThis is the main strategy that I will be forward testing on demo for a month or two, then making it an EA in MetaTrader4
You can see the code for yourself this time, all the strategy is, is a crossover of various moving averages.
Commission included, $10,000 account.
Results over the past 3 months, beginning in January 2017.
Currency Relative Strengths V.2 [GM]Version 2 Updates
Speed has been increased by ~7X
Highest and lowest pairs now highlighted using brighter colors
Re-ordered pairs from highest to lowest 'flight to risk' rating
I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors and its average change is measured over a predetermined period of time. The result is displayed as a percentage. I use it for trend following but it can also be used to fade exhaustion.
Instructions
Add indicator to chart
Select a time frame under settings
Place cursor over period of interest
Click "Data Window" on right hand side bar
View % change avg values for each currency
Up/Down Range MomentumThe Up/Down Range breaks the price range into an upward and a downward moving component, so we can easily turn it into a momentum oscillator. This script does just that.
You can find the Up/Down Range (UDR) indicator here:
Up/Down RangeMeasuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR.
However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction.
In fact, I turned it into a momentum indicator here:
GMAE Original (By Kevin Manrrique)This script is called GMAE Original by me (Kevin Manrrique). I'm publishing this to the public because we are all traders and we need to support each other as a TVcommunity. This is something I built for fun. This script uses a series of EMA's. NO REPAINT, NO LAGGING! It works better for short-term trends as you can see. Please leave the copyright on the script at all times even if you rebuild it. If you need any help or have questions please inbox me privately. If you interested in joining up and building an indicator or strategy please inbox me as well. Thank you and I hope you enjoy this script as much as I do.
Remember there are no holy grails. The only holy grail there is are indicators built together to stop faulty signals and be as accurate as possible and this is one of them.
Sincerely,
Kevin Manrrique
Elastic Volume Weighted Moving Average with Trend and EnvelopesElastic Volume Weighted Moving Average (EVWMA) with Trend and Envelopes.
Original version by LazyBear, trend function by Shizaru, combination by Spreadburn.
