123 Venda, EMA50Cálculo das Condições:
Candle 1 (Máxima inicial): Considera o terceiro candle anterior (high ).
Candle 2 (Máxima maior): Considera o segundo candle anterior (high ).
Candle 3 (Máxima menor): Verifica se o candle atual (high) tem uma máxima menor que a do Candle 2.
Candlestick analysis
123 de compra, EMA50Aqui está o código atualizado que segue a regra dos 3 candles conforme você especificou:
Candle 1: Marca a mínima inicial.
Candle 2: Possui uma mínima menor que a do Candle 1.
Candle 3: Possui uma mínima maior que a do Candle 2.
O Candle 2 será marcado com uma setinha verde abaixo dele.
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.
Volume profile [Signals] - By Leviathan [Mindyourbuisness]Market Sessions and Volume Profile with Sweep Signals - Based on Leviathan's Volume Profile
This indicator is an enhanced version of Leviathan's Volume Profile indicator, adding session-based value area analysis and sweep detection signals. It combines volume profile analysis with market structure concepts to identify potential reversal opportunities.
Features
- Session-based volume profiles (Daily, Weekly, Monthly, Quarterly, Yearly)
- Forex sessions support (Tokyo, London, New York)
- Value Area analysis with POC, VAH, and VAL levels
- Extended level visualization for the last completed session
- Sweep detection signals for key value area levels
Sweep Signals Explanation
The indicator detects two types of sweeps at VAH, VAL, and POC levels:
Bearish Sweeps (Red Triangle Down)
Conditions:
- Price makes a high above the level (VAH/VAL/POC)
- Closes below the level
- Closes below the previous candle's low
- Previous candle must be bullish
Trading Implication: Suggests a failed breakout and potential reversal to the downside. These sweeps often indicate stop-loss hunting above key levels followed by institutional selling.
Bullish Sweeps (Green Triangle Up)
Conditions:
- Price makes a low below the level (VAH/VAL/POC)
- Closes above the level
- Closes above the previous candle's high
- Previous candle must be bearish
Trading Implication: Suggests a failed breakdown and potential reversal to the upside. These sweeps often indicate stop-loss hunting below key levels followed by institutional buying.
Trading Guidelines
1. Use sweep signals in conjunction with the overall trend
2. Look for additional confirmation like:
- Volume surge during the sweep
- Price action patterns
- Support/resistance levels
3. Consider the session's volatility and time of day
4. More reliable signals often occur at VAH and VAL levels
5. POC sweeps might indicate stronger reversals due to their significance as fair value levels
Notes
- The indicator works best on higher timeframes (1H and above)
- Sweep signals are more reliable during active market hours
- Consider using multiple timeframe analysis for better confirmation
- Past performance is not indicative of future results
Credits: Original Volume Profile indicator by Leviathan
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.
[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
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
Elder Force Index ORRITOThe Elder Force Index (EFI) is a momentum indicator that measures the strength of price movements by combining price changes and volume. It helps identify the dominance of bulls or bears, trend strength, and potential reversals. Users can customize the smoothing method (EMA or SMA) and length to suit their trading style. The zero line serves as a reference to distinguish between bullish and bearish forces. This indicator is an effective tool for analyzing market momentum and making informed trading decisions.
Stochastic candles "Stochastic Candles" is designed to provide higher timeframe stochastic calculations and enhance the chart with additional visual aids like colored candles and EMA plotting.
Features of the Script:
Higher Timeframe Stochastic Calculation:
This indicator computes the stochastic %K and %D values for a specified higher timeframe and ensures these values are fetched for the higher timeframe data.
Dynamic Label Placement:
The script places labels on the chart displaying the %K and %D values above and below the bars, respectively.
Labels are dynamically deleted after being updated, ensuring only the latest values are visible.
Candle Coloring:
Candles are colored blue if %K > %D, yellow if %D > %K, and retain the default color otherwise.
Exponential Moving Average (EMA):
This indicator work fine . Consolidate market put effects on its performance .
Multi-Timeframe Trend and Market StructureThis indicator can be used to write on your graph the trend direction on 15m, 1h, 4h , daily timeframes
<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.
Micropullback (10s trigger 1min setup)**Micropullback Trading Strategy**
This strategy is designed for day traders on the 1-minute chart, identifying high-probability pullback entries within an upward trend. It starts with detecting a **large green candle** with **high relative volume** (based on a volume SMA and ATR filter) as the wave initiation point. The pullback phase follows, requiring shallow retracements (less than 50% of the move) with controlled volume (red candle volume below the largest green candle) and no more than 3 consecutive red candles. An **entry signal** is triggered when a green candle breaks above the high of the previous candle during the pullback.
Risk management includes a **stop-loss** set slightly (2 ticks) below the lowest point of the pullback and a **take-profit** at a 1:2 risk-to-reward ratio. The strategy dynamically tracks wave metrics such as start price, highest price, and largest green volume to ensure accurate pullback validation. Visual markers include blue diamonds for large green candles and green arrows for entry signals.
Leveraging partial 1-minute data on 10-second charts, the strategy provides granular insights and real-time alerts for timely execution. It’s perfect for intraday momentum traders looking for precise entries and disciplined risk management.
Micropullback Detector w/ Stop Buy & Exits (1 min)**Micropullback Trading Strategy**
This strategy is designed for day traders on the 1-minute chart, identifying high-probability pullback entries within an upward trend. It starts with detecting a **large green candle** with **high relative volume** (based on a volume SMA and ATR filter) as the wave initiation point. The pullback phase follows, requiring shallow retracements (less than 50% of the move) with controlled volume (red candle volume below the largest green candle) and no more than 3 consecutive red candles. An **entry signal** is triggered when a green candle breaks above the high of the previous candle during the pullback.
Risk management includes a **stop-loss** set slightly (2 ticks) below the lowest point of the pullback and a **take-profit** at a 1:2 risk-to-reward ratio. The strategy dynamically tracks wave metrics such as start price, highest price, and largest green volume to ensure accurate pullback validation. Visual markers include blue diamonds for large green candles and green arrows for entry signals.
Leveraging 1-minute charts, the strategy provides granular insights and real-time alerts for timely execution. It’s perfect for intraday momentum traders looking for precise entries and disciplined risk management.
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
