TrendFusion ReversalUma combinação de lógica de rastreamento de tendências e detecção de topos/fundos para identificar sinais de possível reversão no mercado. Abrange gerenciamento de alvos, stop loss e alertas de pontos críticos, auxiliando na análise técnica e na tomada de decisões de entrada e saída de trades
Candlestick analysis
[SHK] Schaff Trend Cycle (STC)+RSIstc combinado con rsi para estudiar y obtener diferentes señales de entrada y salida. El rsi da señal de entrada cuando se encuentra sobrevendido y da señal de venta cuando se encuentra sobrecomprado
Weinstein Stage Analysis Candles By IAMOZAKWeinstein Stage Analysis Candles By IAMOZAK Önemli Değişiklikler
stage Değişkeninin Başlatılması:
var int stage = 0 ile başlangıç değeri olarak 0 atanır. Bu, na hatasını önler.
stage her yeni mum için hesaplanır ve uygun aşama atanır.
Koşul Yapıları:
if-else bloklarıyla fiyatın hareketine göre aşama (stage) belirlenir.
Renk Ataması:
Eğer aşama belirlenemezse (stage = 0), hiçbir renk atanmaz (na).
Support Resistance and inside bar by Ersoy BilgeSupport Resistance with inside bar together easy for understanding.
NG - Final - UdayThis is a comprehensive candlestick pattern detector that identifies seven key patterns:
Shooting Star - Bearish reversal pattern with a long upper wick at market highs
Gravestone Doji - Bearish pattern with very small body and long upper wick at highs
Inverted Hammer - Bullish reversal pattern with long upper wick at market highs
Hammer - Bullish reversal pattern with long lower wick at market lows
Bearish Pinbar - Bearish pattern with long lower wick at market lows
Bearish Engulfing - Two-candle bearish reversal pattern, requires new 15-bar high
Bullish Engulfing - Two-candle bullish reversal pattern, requires new 15-bar low
The indicator filters for high-quality setups by requiring patterns to form at significant price levels (local highs/lows). For engulfing patterns specifically, it looks for stronger candles (1.5x size) and requires them to occur at new 15-bar extremes, reducing false signals.
Alerts are generated when any of these patterns are detected, and patterns are visually marked on the chart with different shapes and colors (red for bearish, green for bullish).
kyle trend v1(Tony Bii?)Kyle Trend v1 is a powerful multi-functional trading indicator designed to assist traders in identifying trends, reversals, and optimal entry/exit points. It combines the precision of a modified Supertrend strategy with the flexibility of custom Keltner Channels and dynamic EMA layers, making it suitable for traders of all styles.
Bullish/Bearish Engulfing with Ichimoku & VWMAKey Features:
Bullish and Bearish Engulfing Patterns:
Bullish Engulfing: A green "BUY" label is displayed below the candle when a bullish engulfing pattern is detected. This pattern occurs when a smaller bearish candle is followed by a larger bullish candle that completely engulfs the previous candle's body.
Bearish Engulfing: A red "SELL" label is displayed above the candle when a bearish engulfing pattern is detected. This pattern occurs when a smaller bullish candle is followed by a larger bearish candle that completely engulfs the previous candle's body.
Ichimoku Cloud:
The Ichimoku Cloud is a comprehensive indicator that provides insights into support/resistance, trend direction, momentum, and potential buy/sell signals.
The cloud consists of:
Conversion Line (Tenkan-sen): A short-term moving average.
Base Line (Kijun-sen): A medium-term moving average.
Lead Line 1 (Senkou Span A): The midpoint of the Conversion Line and Base Line, plotted 26 periods ahead.
Lead Line 2 (Senkou Span B): A long-term moving average, plotted 26 periods ahead.
Lagging Span (Chikou Span): The current closing price plotted 26 periods behind.
The cloud is filled with a teal color when bullish and an orange color when bearish.
Volume Weighted Moving Average (VWMA):
The VWMA is plotted to show the average price weighted by volume, providing a clearer picture of price trends based on trading activity.
It helps confirm the strength of a trend by incorporating volume data.
Alerts:
Custom alerts are set up for both bullish and bearish engulfing patterns, allowing traders to receive notifications when these patterns occur.
How to Use:
Engulfing Patterns:
Look for "BUY" or "SELL" labels on the chart to identify potential reversal opportunities.
Use these signals in conjunction with other indicators for confirmation.
Ichimoku Cloud:
Use the cloud to determine the overall trend:
Bullish Trend: Price is above the cloud, and the cloud is teal.
Bearish Trend: Price is below the cloud, and the cloud is orange.
The Conversion Line and Base Line can act as dynamic support/resistance levels.
VWMA:
Use the VWMA to confirm the strength of the trend. A rising VWMA indicates bullish momentum, while a falling VWMA indicates bearish momentum.
Combining Signals:
For a stronger buy signal, look for:
A Bullish Engulfing pattern.
Price above the Ichimoku Cloud.
A rising VWMA.
For a stronger sell signal, look for:
A Bearish Engulfing pattern.
Price below the Ichimoku Cloud.
A falling VWMA.
Input Parameters:
Ichimoku Cloud:
Conversion Line Periods: Default is 9.
Base Line Periods: Default is 26.
Lagging Span 2 Periods: Default is 52.
Displacement: Default is 26.
VWMA:
VWMA Length: Default is 20.
Visualization:
Bullish Engulfing: Green "BUY" label below the candle.
Bearish Engulfing: Red "SELL" label above the candle.
Ichimoku Cloud: Teal (bullish) or orange (bearish) shaded area.
VWMA: Purple line on the chart.
Alerts:
Bullish Engulfing Alert: Triggers when a bullish engulfing pattern is detected.
Bearish Engulfing Alert: Triggers when a bearish engulfing pattern is detected.
Benefits:
Combines candlestick patterns, trend analysis, and volume-weighted indicators for a comprehensive trading strategy.
Provides clear visual cues for potential buy/sell opportunities.
Customizable parameters to suit different trading styles and timeframes.
This script is ideal for traders who want to combine candlestick pattern recognition with advanced technical indicators like the Ichimoku Cloud and VWMA for a more robust trading approach
High with LineThis indicator, High with line, intends to help users mark out the highs of the last 50 candles.
its not a useful indicator, I am just testing something out.
Support me by using my indicator.
Thank you
Falcon Liquidity Grab StrategyHow to Use This Script for Commodities and Indices
Best Timeframes: Start with 15-minute charts but test on higher timeframes like 1 hour for indices.
Risk Settings: Adjust the stop_loss_points and take_profit_multiplier to match the volatility of the chosen instrument.
Eden dos Traders - @chrismoreira.spEsse indicador recebe o nome de Eden dos Traders em homenagem ao conceito e estratégia desenvolvida pelo mestre em trading Alexandre Wolwacz conhecido no mercado como Stormer.
O conceito de Eden dos Traders se resume em ser a zona perfeita de ser operada em uma tendência, momento em que temos as principais médias do mercado alinhadas, deixando um caminho livre de suportes / resistências para que o trader tenha a possibilidade de surfar movimentos de tendência no gráfico.
Basicamente, as médias presentes nesse indicador serão pintadas de verde quando estiverem curvadas para cima, e de vermelho quando estiverem curvadas para baixo. Se a média estiver lateralizada, ficará pintada de amarelo.
Espero que gostem e façam bom uso!
<50% Body Candle sticks By Black Forex Traders IncThis indicator helps you spot basing candles by putting a red dot in the middle of your candlestick. We use this at Black Forex Traders Inc as it aligns with our core concept rules. visit blackforextradersinc.com for more information.
BTC-SPX Momentum Gauge + EMA SignalHere's an explanation of the market dynamics and signal benefits of this script:
Momentum and Sentiment Indicator:
The script uses the momentum of the S&P 500 to change the chart's background color, providing a quick visual cue of market sentiment. Green indicates potential bullish momentum in the broader market, while red suggests bearish momentum. This can help traders gauge overall market direction at a glance.
Bitcoin Trend Analysis:
By plotting the scaled TEMA of Bitcoin (BTC), traders can see how Bitcoin's trend correlates or diverges from the current asset being analyzed. Since Bitcoin is often viewed as a hedge against traditional financial systems or inflation, its trend can signal broader economic shifts or investor sentiment towards alternative investments.
Dual Trend Confirmation:
The script offers two trend lines: one for Bitcoin and one for the current ticker. When these lines move in tandem, it might indicate a strong market trend across both traditional and crypto markets. Divergence between these lines can highlight potential market anomalies or opportunities for arbitrage or hedging.
Smoothness vs. Reactivity:
The use of TEMA for Bitcoin provides a smoother signal than a simple moving average, reducing lag while still reacting to price changes. This can be particularly useful for identifying longer-term trends in Bitcoin's volatile market. The 20-period EMA for the current ticker, on the other hand, gives a quicker response to price changes in the asset you're directly trading.
Cross-Asset Correlation:
By overlaying Bitcoin's trend on another asset's chart, traders can analyze how these markets might influence each other. For instance, if Bitcoin is in an uptrend while a traditional asset is declining, it might suggest capital rotation into cryptocurrencies.
Trading Signals:
Crossovers or divergences between the TEMA of Bitcoin and the EMA of the current ticker could be used as signals for entry or exit points. For example, if the BTC TEMA crosses above the current ticker's EMA, it might suggest a shift towards crypto assets.
Risk Management:
The visual cues from the background color and moving averages can aid in risk management. For example, trading in the direction of the momentum indicated by the background color might be seen as going with the market flow, potentially reducing risk.
Macro-Economic Insights:
The relationship between Bitcoin and traditional markets can offer insights into macroeconomic conditions, particularly related to inflation, monetary policy, and investor sentiment towards fiat currencies.
Headwind and tailwind:
Currently BTC correlated trade instruments experience headwind or tailwind from the broader market. This indicator lets the user see it to help their trade decision process.
Additional Statement:
As the market realizes the dangers of the fiat that its construct is built upon and evolves and migrates into stable money, incorruptible by inflation, this indicator will reveal the external influence of that corruptible and the internal influence of the incorruptible; having diminishing returns as the rise of stable money overtakes the treasuries of the fiat construct.
Sunil 2 Bar Breakout StrategyDetailed Explanation of the Sunil 2 Bar Breakout Strategy
Introduction
The Sunil 2 Bar Breakout Strategy is a simple yet effective price-action-based approach designed to identify breakout opportunities in financial markets. This strategy analyzes the movement of the last three candles to detect momentum and initiates trades in the direction of the breakout. It is equipped with a built-in stop-loss mechanism to protect capital, making it suitable for traders looking for a structured and disciplined trading system.
The strategy works well across different timeframes and asset classes, including indices, stocks, forex, and cryptocurrencies. Its versatility makes it ideal for both intraday and swing trading.
Core Concept
The strategy revolves around two primary conditions: breakout identification and risk management.
Breakout Identification:
Long Trade Setup: The strategy identifies bullish breakouts when:
The current candle's closing price is higher than the previous candle's closing price.
The high of the previous candle is greater than the highs of the two candles before it.
Short Trade Setup: The strategy identifies bearish breakouts when:
The current candle's closing price is lower than the previous candle's closing price.
The low of the previous candle is lower than the lows of the two candles before it.
Risk Management:
Stop-Loss: For each trade, a stop-loss is automatically set:
For long trades, the stop-loss is set to the low of the previous candle.
For short trades, the stop-loss is set to the high of the previous candle.
This ensures that losses are minimized if the breakout fails.
Exit Logic:
The trade is closed automatically when the stop-loss is hit.
This approach maintains discipline and prevents emotional trading.
Strategy Workflow
Entry Criteria:
Long Entry: A long trade is triggered when:
The current close is greater than the previous close.
The high of the previous candle exceeds the highs of the two candles before it.
Short Entry: A short trade is triggered when:
The current close is less than the previous close.
The low of the previous candle is below the lows of the two candles before it.
Stop-Loss Placement:
For long trades, the stop-loss is set at the low of the previous candle.
For short trades, the stop-loss is set at the high of the previous candle.
Trade Management:
Trades are exited automatically if the stop-loss level is hit.
The strategy avoids re-entering trades until new breakout conditions are met.
Default Settings
Position Sizing:
The default position size is set to 1% of the account equity. This ensures proper risk management and prevents overexposure to the market.
Stop-Loss:
Stop-loss levels are automatically calculated based on the previous candle’s high or low.
Timeframes:
The strategy is versatile and works across multiple timeframes. However, it is recommended to test it on 15-minute, 1-hour, and daily charts for optimal performance.
Key Features
Automated Trade Execution:
The strategy handles both trade entry and exit automatically based on pre-defined conditions.
Built-In Risk Management:
The automatic stop-loss placement ensures losses are minimized on failed breakouts.
Works Across Markets:
The strategy is compatible with a wide range of instruments, including indices, stocks, forex, and cryptocurrencies.
Clear Signals:
Entry and exit points are straightforward and based on objective conditions, reducing ambiguity.
Versatility:
Can be used for both day trading and swing trading, depending on the chosen timeframe.
Best Practices for Using This Strategy
Backtesting:
Test the strategy on your chosen instrument and timeframe using TradingView's Strategy Tester to evaluate its performance.
Market Conditions:
The strategy performs best in trending markets or during periods of high volatility. Avoid using it in range-bound or choppy markets.
Position Sizing:
Use the default position size (1% of equity) or adjust based on your risk tolerance and account size.
Instrument Selection:
Focus on instruments with good liquidity and volatility, such as indices (e.g., NIFTY, BANKNIFTY), forex pairs, or major cryptocurrencies (e.g., Bitcoin, Ethereum).
Potential Enhancements
To make the strategy even more robust, consider adding the following optional features:
Stop-Loss Multiplier:
Allow users to customize the stop-loss distance as a multiple of the default level (e.g., 1.5x the low or high of the previous candle).
Take-Profit Levels:
Add user-defined take-profit levels, such as a fixed risk-reward ratio (e.g., 1:2).
Time Filter:
Include an option to restrict trading to specific market hours (e.g., avoid low-liquidity times).
Conclusion
The Sunil 2 Bar Breakout Strategy is an excellent tool for traders looking to capitalize on breakout opportunities while maintaining disciplined risk management. Its simplicity, combined with its effectiveness, makes it suitable for traders of all experience levels. By adhering to the clearly defined rules, traders can achieve consistent results while avoiding emotional trading decisions.
This strategy is a reliable addition to any trader’s toolbox and is designed to work seamlessly across different market conditions and instruments.
AMG Supply and Demand ZonesAMG Supply and Demand Zones Indicator
This indicator identifies and visualizes supply and demand zones on the chart to help traders spot key areas of potential price reversals or continuations. The indicator uses historical price data to calculate zones based on high/low ranges and a customizable ATR-based fuzz factor.
Key Features:
Back Limit: Configurable look-back period to identify zones.
Zone Types: Options to display weak, untested, and turncoat zones.
Customizable Parameters: Adjust fuzz factor and visualization settings.
Usage:
Use this indicator to enhance your trading strategy by identifying key supply and demand areas where price is likely to react.
You can customize this further based on how you envision users benefiting from your indicator. Let me know if you'd like to add or adjust anything!
Day Range with Resistance and SupportThis script is a comprehensive indicator designed to identify key support and resistance zones, display proximity-based signals, and provide close-comparison insights. Below is a breakdown of its main features:
1. Input Configurations:
Open, High, and Low Prices: Allows manual input of daily open, high, and low prices.
Bars to Check: Configurable parameter for the number of bars to consider when detecting certain signals.
