MCD_Pro01+ This indicator used for detect banker/institutional and retailer
Green is locked chips (Retailer)
Yellow is floating chips (Hot money)
Red is profitable chips (Banker/Institutional)
With 10 days Banker moving average in purple line
When the Purple line hit the Red bar it mean Banker is starting the upside trend should buy
But if the Purple line is above the Red line it mean Banker is starting downside trend should sell
Buy when=Purple Bar
Sell When=Black Bar
This is how to short-time investing follow banker
Indicateurs d'étendue
SCALPING & WOLFEBold line name is TRENDLINE.
Thin line name is SCALPINGLINE.
Chronosphere line time changeable scalpingline. And ninja line fast line. Experience to use.
When TRENDLINE is 100 or TRENDLINE color green and SCALPINGLINE is 0 , this is a buying opportunity.
When TRENDLINE is 0 or TRENDLINE color red and SCALPINGLINE is the opportunity of selling when it is between 80 and 100.
When when the vertical green bar shows this is bullish wolfe formation occurs and check the scalping black and blue indicator position goes to upward the you will see the trend is up and so when the vertical red bar shows this is bearish wolfe pattern.
For access indicator use link on may profile or message me.
Enjoy:)
BankNifty ticksThis is an attempt to create a leading indicator for BankNifty movement.
Here I combine Banknifty stocks and indices to create a Tick chart.
A Tick Chart - By definition, a Tick Chart tracks movement of the underlying stocks. A positive move is counted as +1 and negative move is counted as -1. Total for the underlying stocks is shown as tick chart.
BUT - Some stocks like HDFC Bank have much larger influence on the BankNifty index. So I have give weights to the stocks to calculate the index. Movement in other indices like Nifty also has influence of Banknifty next move. Hence I have combined a few indices in the calculation.
How to use this chart:
Reversals: One can look for strong tick movement in reverse direction of current trend - preceded by weak ticks.
Continuation Confirmation: Average tick movement in the positive or negative territory can confirm the positive or negative momentum respectively.
Further Notes:
I have also observed that before some reversals, tick value jumps to extreme. e.g. chart is showing minor uptrend. So we are getting Ticks in positive territory .. and there is a sudden extreme uptick..and then Banknifty turns down.
Nothing is perfect. So, even this indicator doesn't give you exact signals. Please take every indication / signal to strengthen your price action analysis.
Simple Market Session by GavThis is a simple script to highlight market sessions.
It highlights Sydney, Tokyo, London, and New York sessions with transparent background colors.
You are able to change session times, color, and transparency.
Turtle ProINTRODUCTION
This indicator is to give BUY/SELL signal based on price action.
There are 2 types of BUY/SELL Signals
Fast Turtle Buy/Sell
Slow Turtle Buy/Sell
FAST TURTLE Signal
> Fast Turtle is based on 2 Bars High and 2 Bars Low setup
> Buy/Sell signal appears at the top of the chart.
SLOW TURTLE Signal
> Slow Turtle is based on 20 Bars High and 10 Bars Low setup
> Buy/Sell signal appears top/bottom of the candlestick
Fast Turtle and Slow Turtle will appear on the same chart without additional configuration required.
It also includes 4 EMAs line. EMA10, EMA20, EMA50 and EMA200.
Turtle Pro is now allow users to set Alert Notification for Fast/Slow Turtle Signal
Step by step ALERT Notification Setup
Note to moderator: This external link is purely step by step illustration of how to set up Alert Notification
Notes :-
1) Best use with "FiFT Pro & ATOM Pro" indicators
2) Please contact me for access
Market ExtremitiesHere I'm proposing an indicator to measure market extremities, it is different than usually used STDv function and has a much simpler underlying mechanism. However, what you will compromise by it is that it is not going to work efficiently like STDv and you will need to use some form of trend and momentum indicators along with it. Not efficiently doesn't mean not tradable, in fact, this is what I use over STEDv myself to reduce the noise of Bollinger Bands.
This indicator is only designed to catch the highs and lows of the market during intraday. It works across all markets and it is surprisingly good at it and has certain predictive nature since the price seems to hang around the extreme lines. Having said that, an astute trader can trade this for both breakouts and mean reversion strategies.
For reference here is one chart marked
This is for educational purpose only-
Past performance is no indicator of future success and author takes no responsibility for the trader's actions.
Enjoy~
Heikin Ashi Buy Sell by JPTrades Description
I use this script a lot to know the trend of a stock, cryptocurrency, forex.
This script is based on an EMA study. Which tells us the trend of a stock.
How to use
You can see the trend of a stock if it goes up it says buy and if it goes down it says sell. It is recommended that you put it with the heinki ashi table. It can help you much more.
How to access the script
Send me a message to the private
Observations
This advice is NOT financial advice.
We do not provide personal investment advice and we are not a licensed and qualified investment advisor.
All information found here, including ideas, opinions, views, predictions, forecasts, comments, suggestions, or action selections, expressed or implied in this document, are for informational, entertainment, or educational purposes only and should not be be construed as personal investment advice.
We will not and will not be responsible for any action you take as a result of what you read here.
We only provide this information to help you make a better decision.
While the information provided is believed to be accurate, it may include errors or inaccuracies.
Buy and sell signal by JPTradesDescripcion:
The 10/20 MA Strategy is the best I know. It's easy, it's elegant, it's effective.
It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you nearly eliminate the risk of losing your profit in the long run.
The results are good throughout most assets, and at their best when an asset is making new all-time highs.
Caracteristicas:
It uses two simple moving averages: the 10 MA (Buy), and the 20 MA (Sell). Now here's the great thing. This script does not change your regular candles into heikin-ashi ones, which would have been annoying; instead, it subtly prints either a Buy or a Sell around your normal candles, indicating a heikin-ashi change from red to green, or from green to red, respectively. This way, you get both regular and heikin ashi "candles" on your chart.
How to Use:
Go LONG in case of ALL of the below:
A tab appeared with buy under the last daily candle (meaning the heikin-ashi is now "green").
The blue MA-line is above the red MA-line.
Price has recently breached the blue MA-line upwards, and is now above.
Cover when one or more of the above is no longer the case. This is very important. You want to keep your profit.
Go SHORT in case of ALL of the below:
A red tab with Sell above the last daily candle (meaning the heikin-ashi is now "red").
The red MA-line is above the blue MA-line.
Price has recently breached the blue MA-line downwards, and is now below.
Again, cover when one or more of the above is no longer the case. This is what gives you your edge.
How to get access to the script:
Send us a message if you would like to try!!
MCD_Pro01This indicator used for detect banker/institutional and retailer
Green is locked chips (Retailer)
Yellow is floating chips (Hot money)
Red is profitable chips (Banker/Institutional)
With 10 days Banker moving average in purple line
When the Purple line hit the Red bar it mean Banker is starting the upside trend should buy
But if the Purple line is above the Red line it mean Banker is starting downside trend should sell
This is how to short-time investing follow banker
[RS]ZigZag Multiple Methods - Forecast - patterns - labelsexperimental:
zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P
this will be the basis for zigzag tools i make in the future.
note: some zigzags REPAINT.
SMA21+-Delta%A simple script that plots a SMA of "length" periods, plus and minus "Delta %" of SMA value. Many Stocks shows a pattern off bulixh/bearish correction based on a % instead of any numbes of Standard Deviations, like Bollinger Bands do.
Default values:
length = 21
Delta% = 25
Un script simple que permite graficar una SMA de "length" períodos, +- "Delta%", un porcentage fijo respecto a la SMA. Muchos papeles muestran payrones de corrección basados en este tipo de límites, en lugar de una cierta cantidad de desvíos estándar, como es el caso de las Bandas de Bollinger.
Bollinger Bands BB 1.0The "BB 1.0" strategy is to buy in the upper band and sell in the lower band.
The logic behind the "BB 1.0" strategy is to enter an operation that has room to develop.
FiFT Pro---- INTRODUCTION ----
This indicator is to measure the strength of BULL and BEAR.
The formulars are based on Price Change and Volume for period of time.
On top of that, Overbought (OB) and Oversold (OS) signal is included which is based on stochastic calculation.
FiFT is come with BoD signal which indicating Potential Buy on Dip setup.
FiFT Pro is further enhance to detect BULL "is about to rally" on Uptrend chart. It is a potential "further buy" signal.
---- HOW TO READ ----
GREEN BAR = BULL is stronger than BEAR
RED BAR = BEAR is stronger than BULL
BLUE BAR = POTENTIAL BoD Signal
BoD (Buy on Dip)
BOD on GREEN (With Star) = Price is oversold, Fast Turtle Buy in BULLISH environment (Strong Buy)
BOD on RED = Price is oversold, Fast Turtle Buy in BEARISH environment (Risk Buy/Do not buy/Monitor)
OB (Overbought) = Fast Turtle Sell with OverBought condition.
OB on GREEN = Price is overbought, Fast Turtle Sell in BULLISH environment (Cautious/Do not sell/Monitor)
OB on RED = Price is overbought, Fast Turtle Sell in BEARISH environment (Strong Sell)
+ve Sign = Potential BULLISH activities (Can consider further Buy IF it's uptrend EMA20 > EMA50)
-ve Sig n = Potential BEARISH activities (Can consider take profit/Sell)
Note : Best use with " EMA Indicators with BUY sell Signal " indicator
Kalihari_Brothers_ORBEasy to use ORB(Opening Range Breakout)..
Multiple Time frame (15minute,30minute,60minute ) and special strategy 12 PM 15min ORB...
Opening Range depend upon time frame market makes own high and low..
Whenever price breaks high of Opening Range make long position and simultaneously whenever price breaks low of Opening Range make short position..
S3-Intraday (Sanjay3725)This script is based on free-float market data of constituent stocks of Index and has been calibrated for Bank-Nifty considering its volatility .
Entry and exits are Plotted on the basis of Price action structures combined with the stock data and can be used as a standalone setup or a trigger system with any exiting strategy based on the user's risk appetite.
Buy = Up triangle with previous candles low as SL
Sell= Down Triangle with Previous candles High as SL
Note: Please Do not use this for any other script than Bank -Nifty and Nifty ( Bank-Nifty has better performance than Nifty )
The ideal time frame for Intraday is 15 min and 5 mins for scalping.
It is imperative to understand that this study does not offer guaranteed profit & Results. It is highly recommended to do paper trades before going live.
Disclaimer:-By using this script you accept that you understand the risk involved with trading and you should carefully consider your investment objectives, level of experience, and risk appetite, In no case, the author shall be deemed responsible for any losses or damages incurred.
Use the link below to obtain access to this indicator
MACD-ASHello All,
This the script for Moving Average Convergence Divergence – MACD of Thomas Aspray, and called as MACD-AS and you may get earlier signals than MACD.
As MACD and MACD-AS are trend following indicators, they do not function well in sideway markets.
An example how it gets earlier signals than MACD
Good luck!
[KY]Stocks above MA Percentage(1) What is Percentage of Stocks above Moving Average?
Percentage of Stocks above Moving Average is a breadth indicator and could
be used for both trend-followers and contrarians.
a) Trend-Follow
If 50%-70% of Stocks are above their 200MA, bullish momentum is forming and
rally could last for next several weeks, months. (Confirmation)
b) Contrarian
If only 0-5% of Stocks are above their 200MA, the market should have been horrible
but it's a good opportunity to start building equities long position.
And if you short, you want to consider about dead cat bounce next.
(2) How to use this indicator?
- Add this indicator to your chart.
- Select the market type from options (S&P500, Dow Jones Industrials, Rullsel 2000 etc)
For sector analysis, you can select from S&P500 sectors.
- Select the Days of MA length from options ("200", "150", "100", "50", "20")
BankNifty Modified McClellan OscillatorThe McClellan Oscillator developed by Marian McClellan is a useful breadth indicator because it describes the acceleration that takes place in the breadth numbers.
How to read McClellan Oscillator
A positive or negative value gives a simplistic bullish or bearish statement about the short-term trend of the market
Very low readings show oversold conditions
Very high readings show overbought conditions
Divergences are also important to look for as a sign that the strength of a trend is waning
Here same oscillator is rebuilded for BANKNIFTY using the difference between Capital weighted Up Volume and Down Volume instead of Advance - Decline.
[KY]Cumulative Advance Decline Line(1) What is Cumulative A/D Line?
Cumulative A/D Line is a total of advancing issues - declining issues of all time.
This can be used to know long-term trend.(weeks, months long)
(2) How to use this?
- Add this script to your chart.
- Select the market from "Nasdaq", "NYSE", "Nasdaq+NYSE"
- You could change the moving average.
[KY]New High New Low Ratio(1) What is New High/New Low ratio?
New High/New Low ratio is a ratio based on new 52-week high issues and new 52-week low issues.
This indicator is best for identifying a bottom if you use this with other breadth indicators.
However, this is not so useful to know the timing for short because bull momentum tends to continue.
(Market top period is long, market bottom period is short.)
Reference: Stochcharts.com
school.stockcharts.com
(2) How to use?
- Add this indicator to your chart.
- Overbought >85 tends to continue, so don't short too early. You rather want to hold long until bull momentum deteriorates.
Dark green = bullish momentum zone.
- Oversold < 30 and if rolls over at the bottom, you can pile up long position.
[KY]McClellan Summation Index RSIThis script contains McClellan Summation Index(MSI) and McClellan Oscillator(MO)
(1) What is McClellan Summation Index(MSI)
McClellan Summation Index(MSI) is a breadth indicator derived the McClellan Oscillator(MO),
which is a breadth indicator based on Net Advances (advancing issues less declining issues).
The Summation Index is simply a running total of the McClellan Oscillator values.
To identify the market direction, I prefer to use the relative strength(RSI) of MSI rather than MSI itself
because MSI is a summation so it's difficult to compare with previous market patterns. So I use RSI applied MSI.
Reference: Stockcharts.com has a nice set of detailed explanation about MSI.
school.stockcharts.com
(2) How to use this script
- Add this script to your chart.
- You can choose one of two options ("MSI RSI" or "MO").
- You can also choose the market from three options ("Nasdaq", "NYSE", "Nasdaq+NYSE")
(3) "MSI RSI" or "MO"
a) "MSI RSI"
For swing trade(sevelal weeks), MSI RSI is much better to identify the broad market direction.
I backtested last several years of S&P500. The result was not symmetrical between MT bear/bull market.
For bull side, when MSI RSI curls up from the bottom(e.g. RSI 30 level), 90% of times out of them the market rallied.
For bear side, when MSI RSI rolles over to downside from the top(e.g. RSI 70 level), only 60% of times out of them the market declined.
So the market tends to hit negatively diverrgent high from advancing/declining issues perspective. Be careful to use MSI oscilator.
b) "MO"
For short term trade(intraday, 2-3 days of holding), MO is better because MSI is a summation so lags several days. MO is quick.
MO is sometimes very noisy, so you need to draw trendlines or horizontal levels to compare with the previous cases.
For beginners, I recommend to use "MSI RSI".
