[TTI] IBD Eureka / Phoenix Thrusts––––History & Credit
The indicator was taught to me by an advanced IBD Masterclass that I attended about 8 years ago. When it happens it is noteworthy.
–––––What it does
It shows when there is a positive breadth thrust. It calculates, based on IBD's backtested criteria a strong breadth thrust in either direction. Up or down. The IBD guidelines is to use the NYSE market for this but I have made it so that you can choose between NYSE, AMEX, NASDAQ. The best signals happen within 2 weeks of Follow Through Day.
The indicator prints 2 signals only in a form of an arrow.
1. Eureka Thrust - this is the positive breadth thrust, prints under the bar pointing up
2. Phoenix Thrust - this is the negative breadth, prints over the bar pointing down
–––––How to use it
The arrows show positive or negative environment for trading. The results happen close to the turn of the trend. It should be used as part of the general market assessment.
I use the indicator on the S&P500 or NASDAQ Composite Daily timeframe. I take into consideration this indicator to determine my market exposure.
Indicateurs d'étendue
mondy slebewWhat is forex Buy sell?
Hasil gambar untuk buy sell forex
What is buying and selling in forex? Buying and selling in forex is speculating on the upward and downward price movements of a currency pair, with the hopes of making a profit. All forex trading involves buying one currency and selling another, which is why it is quoted in pairs.
RSI+OBVthis strategy works on the basis of crossovers of RSI at different period and OBV at different periods (separately). I am using it for Nifty and Bank Nifty. Entry for long can be taken when green bar appears; and exit has to be done when it disappears. Entry for short has to be taken when red bar appears; and exit has to be done when it disappears.
With little help from price action good results can be achieved.
BT-Bollinger Bands - Trend FollowingEsse script foi criado para estudo de Backtest.
O script usa as Bandas de Bollinger para indicar o início de uma tendência, a entrada é configurada quando o preço abre abaixo e fecha acima da banda superior ou para venda quando o preço abre acima e fecha abaixo da banda inferior.
Não há um stop fixo e nem alvo fixo a saída se dá quando o preço toca a média da banda.
Você pode usar uma média móvel como filtro combinado com a estratégia.
O Script também pode ser usado com algum serviço de bot como 3commas.io , basta colocar as mensagens de entrada e saída para o bot.
Autor : Credsonb - Nick: M4TR1X_BR
Neste gráfico estou usando as seguintes configurações:
Bandas Bollinger: 7
Desvio Padrão: 1.5
Time Frame: 12hs
Ticker: ETH
This script was created for Backtest study.
script uses Bollinger Bands to indicate the start of a trend, entry is set when price opens below and closes above the upper band or for short when price opens above and closes below the lower band.
There is no fixed stop and no fixed target, the exit occurs when the price touches the average of the band.
You can use a moving average as a filter combined with the strategy.
The Script can also be used with some bot service like 3commas. io , just put the input and output messages to the bot.
Author : Credsonb - Nick: M4TR1X_BR
Moving Average Convergence Divergence On Alter OBVOBV:
The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume.
Altered OBV:
So, here is the altered OBV, which basically consider the close of previous close and also buying interested of the day when close is higher than open.
MACD:
I always admire the magic of MACD with pre-defined timeframe. Now, this MACD applied on top of altered OBV to signal us the moving of the ticker strength.
I hope the another MACDAltOBV would help on your swing trading strategy.
Happy Investing.
Lowry Up/Down % VolumeShows the Up/Down volume %.
Carefully picked the color scheme of the bars so it's easy to see 80%/90% up/down days.
Added marks to highlight the 80/90% up/down days.
Day_Week_High_LowPlot lines for Daily weekly high and low. It helps to find support and resistance for weekly option trading. Weekly high low acts as Support and resistance.
Day_Week_High_LowPlot lines for Daily weekly high and low. It helps to find support and resistance for weekly option trading.
Weekly high low acts as Support and resistance.
5MSM BRAHMA//Created By Patrick199415
//High Low DayBox
study(title="High Low DayBox", shorttitle="High Low DayBox", overlay=true)
st = input(true, title="Show Todays OHLC?")
// sy = input(false, title="Show Yesterdays OHLC?")
ph = security(tickerid, 'D', high)
// pdh = security(tickerid, 'D', high)
pl = security(tickerid, 'D', low)
// pdl = security(tickerid, 'D', low)
//offs_daily = 0
plot(st and ph ? ph : na, title="Daily High", style=line, linewidth=1, color=blue)
//plot( sy and pdh ? pdh : na, title="Previous Daily High", style=cross, linewidth=1, color=lime)
plot(st and pl ? pl : na, title="Daily Low", style=line, linewidth=1, color=red)
//plot( sy and pdl ? pdl : na, title="Previous Daily Low", style=cross, linewidth=1, color=red)
OB EmaCross + BBThis is my setup and the way I like to trade.
It is based in an EMA cross ( 9 x 21) and the Bollinger Bands without the central Moving Average.
I prefer to use the EMA cross in the middle of the bands.
It is also possible to activate "Colored Bars" to paint the candles according to the EMA cross: green if the candles are above both EMAs, white when at least one of them are in between EMAs and red if they are both below EMAs.
My operational works like this:
- Buy when price is above EMAs
- Sell when price is belos EMAs
Of course, I use BB to give me the direction of the trend and I only enter in a trade when the price is in the same trend of the BB.
I avoid trades when the bands are getting narrowed.
I hope you enjoy my indicator and let me know if you have any suggestion! ;)
Previous Day/Week High & Low + 50% w/ Alerts| by Octopu$
📈 Previous Day/Week High & Low + 50% w/ Alerts| by Octopu$
This Indicator includes Previous Day High and Low Levels and 50% (Half of High & Low)
As well as Previous Week High and Low Levels ((Half of High & Low))
And also Pre-Market Session High and Low.
All of them with Built-in alerts.
Can be used in any timeframe with any ticker.
(Using SPY 5m just as an example:)
www.tradingview.com
SPY
Features:
• D High: Green Top Line
• D Low: Red Bottom Line
• D 50%: White 50% Line
• Week High and Low: Blue Top and Bottom Lines
• Pre-Market and Afterhours Session: Gray Lines
• Labels for Identification
Options:
• Toggle on/off for Day High, Low and 50%
• Toggle on/off for DWeek High, Low and 50%
• Toggle on/off for PM and AH Sessions
• Show/Hide the Labels with names
• Show/Hide the Lines themselves
• Fully Customizable Style and Color
Alerts:
• Triggers for Day (above or below level)
• Triggers for Week (above or below level)
Notes:
v1.0
Release of the Indicator
Changes and updates can come in the future for additional functionalities or per requests.
Did you like it? Shoot me a message! I'd appreciate if you dropped by to say thanks.
- Octopu$
🐙
Index Breadth Percent of Stocks above Key Moving AveragesThis Indicator will plot the percent of stocks above key moving averages. This is a good way to monitor market breadth and help determine when the market is Overbought or Oversold.
Market Tickers Available = SP500, DJI, NQ, NQ100, R2000, R3000, SP500 Financials, SP500 Materials, SP500 Energy, SP500 Staples, SP500 Discretionary, SP500 Industrials, SP500 Real Estates, Overall Market
Realtime Cumulative DeltaThis is a Real time volume Delta indicator which has to run real time on the chart to capture observation.
Start it when the session starts and log the data and observe. It plots histograms as well as candlesticks of the the cumulative volume delta, from the style switch whichever you want.
It is done based on real time tick and not based on candlesticks, so the accuracy of volume delta is more. Uptick volumes are added as buy and downtick volumes as sell which is the actual way of calculating CVD
Apply the CVD concepts for trading results.
Mansfield Relative Strength (Original Version) by stageanalysisThe Mansfield Relative Strength ( Mansfield RS ) is one of the core components of the Stan Weinstein's Stage Analysis method as discussed in his classic book Stan Weinstein's Secrets for Profiting in Bull and Bear Markets .
The Mansfield RS measures the relative performance of the stock compared to an index such as the S&P 500, or to another stock etc.
However, this should not to be confused with the popular RSI (Relative Strength Index developed J. Welles Wilder), which is a momentum oscillator that measures the speed and change of price movements on a single stock.
The Mansfield RS indicator consists of the Relative Strength comparison line versus the S&P 500 (default universal setting, but can be edited), and the "Zero Line" – which is the 52 week MA of the Relative Strength line, that's been flattened to create the oscillator style.
How to use the Indicator:
Outperforming – Above the Zero Line
When the Relative Strength line crosses above the Zero Line (it's flattened 52 week RS MA), it is outperforming the index or stock that it's comparing against, and so it is showing stronger relative strength.
Underperforming – Below the Zero Line
When the Relative Strength line crosses below the Zero Line (it's flattened 52 week RS MA), it is underperforming the index or stock that it's comparing against, and so it is showing weaker relative strength.
Settings:
When you first add the indicator is has a coloured background, with a green tint for a postive RS score, and a red tint for a negative RS score. However, this can be turned off, or edited in the indicator settings, in the Style tab. So you can change the colors or remove it and just have the RS line and zero line showing. Both of which can also be edited in the settings.
Change the symbol that it compares against. The default is the S&P 500. But for crypto you might want to use Bitcoin for example. Or you might want to compare against competing stocks in the same peer group, or against the industry group or sector. The choice is yours. But the S&P 500 is a universal measure for the Mansfield RS. So I would recommend leaving it on that unless you have a particular reason to change it as mentioned.
MA Length is also an editable setting. This creates the Zero Line. So it will affect the values of the Mansfield RS if you change it. 52 is the default setting, and is set as such for the weekly chart. So I'd recommend not editing it on the weekly chart, but for other timeframes, different settings can be used.
Improved Lowry Up-Down Volume + Stocks Indicatordocs.cmtassociation.org
In Paul F. Desmond's award winning paper in 2002 entitled "Identifying Bear Market Bottoms and New Bull Markets", he proposed an indicator for panic buying and selling that can be used to determine major market bottoms.
The paper explains that in major bear markets, you should have at least one, or more than one multiple 90% down days. Recoveries out of bear markets, or beginnings of new bull markets, should have at least one of the following conditions:
1) At least one 90% up volume day
2) At least two back-to-back 80% up volume days
Up and Down volume are defined as:
1) 90% up volume - defined as 90% up volume / total volume (or 10% down volume / total volume)
2) 90% down volume - defined as 90% down volume / total volume (or 10% up volume / total volume)
Several scripts exist in Tradingview to show this indicator for Up and Down volume, along with arrows or indicators for green up days or red down days.
However, this script is an improved version as it allows you the option to customize a couple parameters:
1) You may chose whether you'd like to use volume or stocks - sometimes it's better to have confluence between volume and actual stocks at the 90% threshold
2) You may chose the exchanges to consider - in the paper the NYSE is discussed, but this allows the expansion into NYSE, NASDAQ, DOW, and even a combined NYSE + NASDAQ + DOW indicator
3) It uniquely codes in the ability to plot a buy signal for both 90% up days, but also two back-to-back 80% up days - which is in the spirit of the original paper
I hope you enjoy this script and please let me know if you'd like me to make any modifications or additions.
Thank you, sincerely,
Jim Bosse
Stage Analysis Technical Attributes (SATA) by stageanalysisThe Stage Analysis Technical Attributes (SATA) is a unique highly visual indicator to help identify the four stages from Stan Weinstein's Stage Analysis method, as described in the classic book Stan Weinstein's Secrets for Profiting in Bull and Bear Markets .
The indicator is made up of 10 separate bands. Each of which is coloured be either Positive (Green), Neutral (Blue) or Negative (Red), with a score of 1 or 0 is assigned to each.
The coloured bands measure different aspects of the Stage Analysis methods key components, including:
Breakouts and Breakdowns
Price / Moving Averages
Mansfield Relative Strength
Momentum
Volume
Overhead Resistance
Each Positive (Green) square is given a score of 1, and each Neutral (Blue) or Negative (Red) square get a score of zero, and so a rating system of 0 to 10 is generated.
There's no easy automated way to define the four stages, but by using a scoring system is one of the most accurate ways that we've seen, especially at the Stage 2 breakout and Stage 4 breakdown points. But it is still only a rough guide, as you still need to use your eyes to define the key levels.
To define the four Stages (a general rough guide, as they will overlap at times, so you still need to use your eyes):
SATA Scores:
6 to 10 = Stage 2 (Uptrend)
Rising to 2 to 8 = Stage 1 (Accumulation Basing Period)
Dropping to 8 to 2 = Stage 3 (Distribution Basing Period)
0 to 5 = Stage 4 (Downtrend)
Major Transitions between the Stages:
Use these figures only as a ROUGH GUIDE ONLY. You still need to use your eyes. But here are some typical SATA Scores at the major transitions between the Stages.
Stage 2 Breakout: Typically a SATA score of 9 or 10 (look for the top square to be green, as identifies a breakout)
Stage 4 Breakdown: Typically a SATA score of 1 or 0
Entering Stage 1 following a Stage 4 decline: Typically a SATA score of 4 to 6 after a period where the score is below 3
Entering Stage 3 following a Stage 2 advance: Typically a SATA score of 4 to 6 after a period where the score is above 7
This is the first version of the SATA indicator. So we'll be looking to improve it further, as we get more data from using it.
We hope you enjoy using it, and it helps you to better understand the four Stages.
Mondays Range by B1rdPlots mondays range (high, low and optionally average)
Features:
Added the option to extend the range for the entire week or just monday
Added the option to display if the high or low of the range has been taken and removes the level aftwards
Added the option to only display the current week
Added the option to visualize new weekly sessions
Added the option to mark mondays with a seperate background
Will update the script based on suggestions
Nikhil strategy 1how to make a best strategy in live market are the analysis very fundamental strong and technical
Currency Strength V2An update to my original Currency Strength script to include a 2nd timeframe for more market context.
Changed the formatting slightly for better aesthetics, as the extra column and colors became unsightly.
Also added a new setting for "Flat Color", which changes the value background to a simple green/red for above or below 50, rather than using the Color Scale that increases color intensity the further it gets from 50.
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This script measures the strength of the 6 major currencies USD, EUR, GBP, CAD, AUD and JPY.
Simply, it averages the RSI values of a currency vs the 5 other currencies in the basket, and displays each average RSI value in a table with color coding to quickly identify the strongest and weakest currencies over the past 14 bars (or user defined length).
The arrow in the current RSI column shows the difference in average RSI value between current and X bars back (user defined), telling you whether the combined RSI value has gone up or down in the last X bars.
Using the average RSI allows us to get a sense of the currency strength vs an equally weighted basket of the other majors, as opposed to using Indexes which are heavily weighted to 1 or 2 currencies.
The additional security calls for the extra timeframe make this slower to load than the original, but this was a user request so hopefully it will prove worthwhile for some people.
Those who find the loading too slow when switching between charts may be better off still using the original, which is why this is posted as a separate script and not an update to the original.
This is the table with Flat Color option enabled.
OBV Trend Indicator by Bruno MoscanOBV Trend is a modification I made in other scripts, so that after months of testing, I got a very accurate indicator as to the right moment to enter a high-yield trade.
The red line indicates the very short-term OBV variation, counting the last 3 candles.
The yellow line shows the short-term OBV variation, counting the last 9 candles.
The white line shows the medium-term OBV variation, counting the last 21 candles.
The trend is up (Bull Market) while the order of the lines on the chart is Red/Yellow/White.
The trend is Bear Market while the order of the lines on the chart is White/Yellow/Red.
If the Yellow line is in the first position, either from bottom to top, or from top to bottom, it is a sign that the trend is changing, reversing, wait for the lines to organize before entering the movement.
When the lines are so close together that it is difficult to understand the correct order of the lines, it means that you are facing the best possible entry point. Wait for the lines to separate, at the first perfect food signal as described above, enter the movement, at this point, your stoploss may be very short, positioned at the base of the last candlestick.
The indicator works best on H1, H2, H4 and D1. In the Weekly until the signal reversal occurs, you can lose several days, sometimes weeks. On minute charts, there are many reversals and you can be stopped many times.
Good trends.
*Translate by Google Tradutor*
*In Brazil, we speack Portuguese, not Spanish or English :p *
HH & LL ScalperThis script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script changes bar color blue or black. if there is up-trend then bar color is blue, or if down-trend then bar color is black. also as you can see support and resistance levels change dynamically.
If you use smaller numbers for left/right bars then it will be more sensitive.