FieryTrading: Buy The Dip - Sell The RipDear Tradingview community,
Today I want to share a very powerful, yet easy to use indicator with you. The indicator will find local tops or bottoms and will help you determine when it's a good time to trade a potential reversal.
How does it work?
The indicator makes use of the RSI to detect extremities and waits until the RSI reverses. Furthermore, a long-term moving average is used to determine whether we're in bullish or bearish market conditions. In bullish conditions the indicator will only go long, in bearish conditions the indicator will only go short.
How do I use it?
Favorite the indicator and apply it to your chart! You can add an alert to the indicator to receive a message once it has detected a good point for a reversal trade.
The indicator can be used on all assets and on all timeframes. Personally, I've found the 1 - 4 hourly timeframes to yield the best results.
Good luck!
J-BTC
BTC's #4 Whale Sells [TheSecretGuy]Hello there !
I have been tracking BTC richests wallets for some time - and one of them seems to be aligning its sells pretty well with what the market is about to do.
BTC's Whale #3 (now Whale #4) has been selling his BTC in very crutial moments - therefore I felt that converting this into an indicator will give us a pretty visual feedback of what that Whale expects to happen at a given point.
In order to do that, I have listed manually all of his sells (dates) until today and placed a vertical line on the chart on each of these dates.
This sadly can't be automated as Pinescript language doesn't allow to reach outter data - I'd need to update this manually.
Hope this helps you a bit, Cheers!
BTC Agg VolumeBTC Volumes for stablecoin trading pairs from multiple exchanges. Volume is grouped by exchanged and appears as stacked bars. Volume data can be filtered by exchange and stablecoin pair. Appearance can be resized over with an option to apply standard deviations.
Hussarya compare DJI SPX BTCScript shows relations between DJI downJones SPX and BTC:USD.
DJI chart must be set from candlestick to line
Red line is price (close). x 8
Green line ist te price BTCUSD from Binance price (close) x 1.5
Crypto Map Dashboard v1.0🔰Overview
Charts are an essential part of working with data, as they are a way to condense large amounts of data into an easy to understand format. Visualizations of data can bring out insights to someone looking at the data for the first time, as well as convey findings to others who won’t see the raw data. There are countless chart types out there, each with different use cases. Often, the most difficult part of creating a data visualization is figuring out which chart type is best for the task at hand.
What are the types of metrics, features, or other variables that you plan on plotting? Although it depended on some multiple factors!
But my choices of the chart type for this Crypto datas was Pie chart or Donut char for crypto dominances ,and Colum (Bar) chart for Total MarketCaps .
The audiences that I plan on presenting this for them could be all tradingviewrs , especially crypto lovers ,or those who just aim to have an initial exploration for themselves ,like me!
so this indicator mostly could be an educational indicator script for pine coders !
We can use the " Crypto Map Dashboard " indicator to Get an quick overview of the crypto market and monitor where the smart money Flow changing by comparing the dominances and totals Caps .
In general, it consists of 4 parts:
✅1 =>> Table1 : If you like to see and compare and monitor the changes of dominances of (Bitcoin, Ethereum, Usdt , Usdc , etc.) and their market cap in different times you can see the table on The upper-right corner.
✅2 =>> Table2: Also, in the table lower-right corner, you can see the changes of the totals(Total, Total2 , Total3 and TotalDefi) in the same time periods.
✅3 =>> pie chart or donut chart: By viewing this , you understand better about Table1 Datas, that it depicts exactly how Dominance is distributed and specialized.
✅4 =>> column chart (bar chart) : And in the last you can clearly compare the total marketcaps and see how far they are from their ATHs.
You also can even notice the entry and exit of liquidity from the crypto market!
I must also mention that I am definitely still a beginner compared to more experienced pine coders, and there may be some bugs in my codes and calculations, but I am an open person and I welcome your comments ,Also Let me know if you have any questions.
Lots of Love to all tradingviewers and pineCoder ,Cheers!💚❤️💙
Scalping The Bull - BTC Chart for Trend AnalysisName: BTC Chart for Trend Analysis
Category: Scalping, Trend Analysis .
Timeframe: 1M, 5M, 30M, 1D depending on the specific technique.
Technical Analysis: The indicator supports the operations of the trader named "Scalping The Bull" who uses BTC as an Index for Crypto trading.
Suggested usage: When trading on altcoins, to check whether or not they are trending with Bitcoin and whether those anticipate its movements.
It is therefore possible to see Bitcoin specifically if it makes red or green candles and how it is positioned with respect to the EMA 5, 10, 60, 223, however configurable from the panel.
Used in conjunction with Scalping The Bull Indicator or PRO Indicator, on the main panel.
Configuration:
EMA Length:
- EMA 1: by default 5, configurable
- EMA 2: by default 10, configurable
- EMA 3: by default 60, configurable
- EMA 4: by default 223, configurable
Colors can be modified from "Settings" > "Style"
Designed to be used with the following the indicator:
BTC Europe-America-Asia market backgrounds - 1h max frameMarket indicator - Europe - America - Asia.
Based on my trading experience. Therefore, time zones are of different sizes.
BTC spot volumeIndicator with aggregated volume for all the most actively traded bitcoin spot markets.
Can be denominated in either US dollars or the number of coins traded.
Can be displayed as stacked volume or an index that shows the percentage market share each market has.
In the settings you can exclude any market so that it only shows the individual and total volume of the markets you're interested in.
The currency it's traded against is always specified (e.g. USDT, BUSD, ...).
It's public and free for anyone to use.
BTC perpetual swaps volumeIndicator with aggregated volume for all the most actively traded bitcoin perpetual swaps.
Can be denominated in either US dollars or the number of coins traded.
Can be displayed as stacked volume or an index that shows the percentage market share each contract has.
In the settings you can exclude any contract so that it only shows the individual and total volume of the markets you're interested in.
"Linear" or "inverse" refers to the type of perpetual swap contract it is.
Inverse contracts use coin margin, so in this case BTC.
Linear contracts use some type of dollar equivalent margin like USDT for example.
The margin is always specified for the linear contracts.
It's public and free for anyone to use.
Heiken Ashi & Super TrendThis is one of my open source 1h strategies
It works on Binance: BTCUSDTPERP charts
This strategy involves two indicators
1. Heiken Ashi - a typical technical indicator to help highlight and clarify the current trend. This somehow allows the chart to ignore unnecessary fluctuations and make the trend more visible.
2.Super Trend - - One of the most common ATR-based indicators, the SuperTrend indicator is useful to help you catch big trends.
Buy entry conditions are as follows.
1. The Super Trend indicator running on the Heiken Ashi chart gives a buy signal.
2. Buy at the current market price and take profit at 1% of the normal k-line at this time.
Take profit
TP - 1%
Stop Loss
None
Auto Fibonacci Levels + Auto Trend Line generatorAnother indicator for you guys!!!
This indicator consists of the 5 key Fibonacci retracement levels, plotted automatically to user input settings. I also have included an auto support/resistance trend line generator.
What is a Fibonacci retracement?
'Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is named after the Fibonacci sequence of numbers, whose ratios provide price levels to which markets tend to retrace a portion of a move before a trend continues in the original direction.' - Wikipedia
How to use the Fibonacci retracement?
- The Fibonacci levels are default. These percentiles from price to the average of the high in a sample and low in a sample give you a guideline of where a bottom may be, where a top may be, and where a range is being created.
- Look for the price to reject from 61.8% and 76.4%, and also look for price to bounce from 38.2% and 23.6%. If a lower low/higher high is made, the fib levels will follow and the percentiles within will be recalculated after a 5 candle offset period.
- If you see price trending towards the lower percentiles (38&23) and using the 50% as resistance, look for a break downwards and vice versa.
-This Fibonacci set as all others is subject to fake-out, always use this with another series indicator, or don't use it as a signal for entry at all (unless you have a backdated strategy)
How to use the trend line generator?
-The trend line generator will only plot when a lower low/higher high has taken place within the input amount of candles. It is also offset by a user amount.
-The check box will give the option to have the trend line's plot or not.
- If you see a green/red dot it means that that will be your first coordinate for the trend line, and until the computations are complete it will give you an idea of which direction it will be in (resistance or support)
-When opening this indicator zoom out all the way to connect any trend lines that do not load automatically.
Let me know if you have any questions, suggestions or issues! Thank you everyone!
-Cheatcode1 :)
SP:SPX TVC:DXY BMFBOVESPA:EUR1! CME:BTC1! BINANCE:BTCUSDT
Volume Buy/Sell (by iammaximov)Buy/Sell Volume
Buy/Sell volume based on total bar amplitude (high/low price) and close/open (for calculate vbuy > vsell or vbuy < vsell)
Bitfinex Shorts StratOverview
This strat applies the data from BITFINEX:USDSHORTS to the RSI indicator in order to provide SHORT/LONG entries as the number of contracts goes up and down. Although Bitfinex has lost relevance over the years its generally considered an exchange dominated by smart money rather than retail. I'd like to see if any insights can be gained by following their trading behaviour.
How to use
Select the underlying security you wish to trade and load the indicator. Select the appropriate short security by searching in the Bitfinex Short Symbol. RSI settings apply to short symbol not the actual asset. Strategy shorts the underlying asset when shorts rise and longs when they drop. The shorts symbol will follow the value of the loaded chart. Works best on 4 hour chart.
Why use shorts only rather than both long/shorts?
Bitfinex longs seem to be on a long-term uptrend accounting for 25x the number of shorts. Might be enormous confidence on part of the whales, but more likely reflects selling spot and buying perp. Given the size disparity and price action I don't think longs info is adding much.
Problems with script:
a) We don't really know the intentions of short players (e.g. speculation or hedging spot)
b) The script uses a decline in shorts as a long signal
c) RSI is a blunt tool there are probably better options for calculating high/lows in shorts
d) Shorts are accumulated both at highs and also when BTC price is already heavily trending down. This suggests some are speculative (at the highs) or protective/hedging during a decline
Takeaways:
Based on this strat Bitfinex whales are more wrong than right.
Results don't carry across well into altcoins using the accompanying short symbol. However, what is interesting is that applying the BITFINEX:BTCUSDSHORTS to altcoin charts does work pretty well.
Strat needs some refinement to control for entries under different circumstances.
Probably not a great idea to use this as a strategy in isolation, but highlights how Bitfinex whale behaviour is a good gauge to follow.
Directional Index Macro IndicatorWhat is This For?
The default settings for this indicator are for BINANCE:BTCUSDT and intended to be used on the 3D timeframe to identify market trends. This indicator does a great job identifying whether the market is bullish, bearish, or consolidating. This can also work well on lower time frames to help identify when a trend is strong or when it's reversing.
Directional Index Rate of Change
Core to this indicator is the rate at which DI+ and DI- are moving away or towards each other. This is called The Rate of Change (ROC). "The ROC length dictates how many bars back you want to compare to the current bar to see how much it has changed. It is calculated like this:
(source - source /source ) * 100"
The rate of change is smoothed using an EMA. A shorter EMA length will cause the ROC to flip back and forth between positive and negative while a larger EMA length will cause the ROC to change less often. Since the rate of change is used to indicate periods of 'consolidation', you want to find a setting that doesn't flip back and forth too often. Between the DI+ and DI- is a blue centerline. Offset from this centerline is a channel that is used to filter out false crosses of the DI+ and DI-. Sometimes, the DI+ and DI- lines will come together in this channel and cross momentarily before resuming the direction prior to the cross. When this happens, you don't want to flip your bias too soon. The wider the channel, the later the indicator will signal a DI reversal. A narrower channel will call it sooner but risks being more choppy and indicating a false cross.
Indicator Status Line
This indicator has 4 values in the status line (in order):
DI+
DI-
Distance between DI+ and DI-
DI Rate of Change ( how quickly are DI+ and DI- moving away or towards center )
Indicator Plots
This indicator plots DI+ (green), DI- (red), and a center channel between DI- and DI+. Across the top of the indicator, red and green triangles indicate the market trend while the background changes to show whether the price is in an impulse wave or consolidating. This makes up 4 possible scenarios:
Bullish impulse wave ( green triangle up + green background )
Bullish consolidation ( green triangle up + yellow background )
Bearish impulse wave ( red triangle down + red background )
Bearish consolidation ( red triangle down + yellow background )
Summary
Combined with support and resistance levels, volume, and your other favorite indicators, this can be a useful tool for validating that your entries are not going against the trend.
Disclaimer
This is not financial advice. Do not take trades only based on the DI+ and DI- crossing. Always use multiple indicators to validate your entries and never take a trade when you aren’t emotionally grounded. Have a plan. Stick to the plan.
The screenshot for this strategy is of a manual historical review of BTC on the 3 day chart. The indicator was built to try and mimic the chart above. You’ll see that it nails it sometimes, is a little late sometimes, and chops around between consolidation and impulse waves when it should stay in consolidation. Share your settings if you are able to improve the choppiness without sacrificing catching the reversals early.
ＴＲＥＮＤＩＮＡＴＯＲWelcome traders.
This is ＴＲＥＮＤＩＮＡＴＯＲ , the best indicator to trend following trading.
It consists of four elements:
1 - The cloud: Formed by two moving averages that cross each other and varies from red color ( bearish trend ) to green color ( bullish trend ) depending on the short trend. They are more sensitive to price changes.
2 - The power line: A slow moving average of purple color. It shows the mayor trend. Doesn't change color.
3 - The cloud cross visualizer: It's a background vertical stripe, trigged every time the fast moving averages, varies from red color ( bearish trend ) to green color ( bullish trend ).
4 - The Table: helps to better visualize some risk management things.
¿How to use it?
-If the cloud is green buy on every pullback and vice versa. Watch out for the purple line trend.
-A vertical stripe event shows you that a new trend haves started. So it's a good idea to enter on the next pullback with Buy #1.
Support
Telegram: @trendinator
Blockchain Fundamentals - Active Address Sentiment Osc. [CR]Blockchain Fundamentals: Active Address Sentiment Oscillator AASO
Back with another script today, this one is a useful tool in helping to determine bitcoins value. We are looking at 2 data sources: the daily active addresses on the BTC blockchain, and the daily returns of BTC.
THIS INDICATOR WILL ONLY GIVE YOU THE CORRECT RESULTS ON THE DAILY TIMEFRAME
There is an interesting relationship that you can see by comparing the two timeseries. But for us to create a good indicator we first need to normalize the data. So we look at the percent change over the past 28 days for each metric (DAA and price).
THIS INDICATOR WILL ONLY GIVE YOU THE CORRECT RESULTS ON THE DAILY TIMEFRAME
We then calculate standard deviation bands around the DAA metric. We finalize them by averaging the bands over a 28 day period.
When the Price series (yellow line) is higher than the SD bands BTC is considered overvalued or price is overheated. A pullback could be expected soon. When the Price series is below the SD bands BTC is considered undervalued or price is oversold.
THIS INDICATOR WILL ONLY GIVE YOU THE CORRECT RESULTS ON THE DAILY TIMEFRAME
This tool doesnt give signals on the one minute chart or tell you exactly when to buy or sell. BUT what it does do is act as a convenient macro sentiment indicator that is not based completely upon price.
In an attempt to narrow down the really juicy areas, if you seen the background color highlights with white, that means its likely a top or bottom. At the very least on a local sense and many times in a cyclical macro sense as well. It also narrows down the signal to a generally more profitable area.
This indicator is not meant to be used on timeframes other than daily (did I mention that already?). I am lazy and did not code the calculations to be MTF (which is why you have to use on the daily chart). If you want to code this, please forward it on to me and I will post an update with a heartfelt credit to you.
Fast v Slow Moving Averages Strategy (Variable) [divonn1994]This is a simple moving average based strategy that takes 2 moving averages, a Fast and a Slow one, plots them both, and then decides to enter a 'long' position or exit it based on whether the two lines have crossed each other. It goes 'long when the Fast Moving Average crosses above the Slow Moving Average. This could indicate upwards momentum in prices in the future. It then exits the position when the the Fast Moving Average crosses back below. This could indicate downwards momentum in prices in the future. This is only speculative, though, but sometimes it can be a very good indicator/strategy to predict future action.
I've tried some strategy settings and I found different promising strategies. Here are a few:
BTCUSD ( BitStamp ) 1 Day Timeframe : EMA, Fast length 25 bars, Slow length 62 bars => 28,792x net profit (default)
BTCUSD ( BitStamp ) 1 Day Timeframe : VWMA, Fast length 21 bars, Slow length 60 bars => 15,603x net profit
BTCUSD ( BitStamp ) 1 Day Timeframe : SMA, Fast length 18 bars, Slow length 51 bars => 19,507x net profit
BTCUSD ( BitStamp ) 1 Day Timeframe : RMA, Fast length 20 bars, Slow length 52 bars => 5,729x net profit
BTCUSD ( BitStamp ) 1 Day Timeframe : WMA, Fast length 29 bars, Slow length 60 bars => 19,869x net profit
Features:
-You can choose your preferred moving average: SMA , EMA , WMA , RMA & VWMA .
-You can change the length average for each moving average
-I made the background color Green when you're currently in a long position and Red when not. I made it so you can see when you'd be actively in a trade or not. The Red and Green background colors can be toggled on/off in order to see other indicators more clearly overlayed in the chart, or if you prefer a cleaner look on your charts.
-I also have a plot of the Fast moving average and Slow moving average together. The Opening moving average is Purple, the Closing moving average is White. White on top is a sign of a potential upswing and purple on top is a sign of a potential downswing. I've made this also able to be toggled on/off.
Let me know if you think I should change anything with my script, I'm always open to constructive criticism so feel free to comment below :)
R19 STRATEGYHello again.
Let me introduce you R19 Strategy I wrote for mostly BTC long/short signals
This is an upgrated version of STRATEGY R18 F BTC strategy.
I checked this strategy on different timeframes and different assest and found it very usefull for BTC 1 Hour and 5 minutes chart.
Strategy is basically takes BTC/USDT as a main indicator, so you can apply this strategy to all cryptocurrencies as they mostly acts accordingly with BTC itself (Of course you can change main indicator to different assets if you think that there is a positive corelation with. i.e. for BTC signals you can sellect DXY index for main indicator to act for BTC long/short signals)
Default variables of the inticator is calibrated to BTC/USDT 5 minute chart. I gained above %77 success.
Strategy simply uses, ADX, MACD, SMA, Fibo, RSI combination and opens positions accordingly. Timeframe variable is very important that, strategy decides according the timeframe you've sellected but acts within the timeframe in the chart. For example, if you're on the 5 minutes chart, but you've selected 1 hour for the time frame variable, strategy looks for 1 hour MACD crossover for opening a position, but this happens in 5 minutes candle, It acts quickly and opens the position.
Strategy also uses a trailing stop loss feature. You can determine max stoploss, at which point trailing starts and at which distance trailing follows. The green and red lines will show your stoploss levels according to the position strategy enters (green for long, red for short stop loss levels). When price exceeds to the certaing levels of success, stop loss goes with the profitable price (this means, when strategy opens a position, you can put your stop loss to the green/red line in actual trading)
You can fine tune strategy to all assets.
Please write down your comments if you get more successfull about different time zones and different assets. And please tell me your fine tuning levels of this strategy as well.
See you all.
.srb suite pin-upThe essential suite Indicator
that are well integrated to ensure visibility of essential items for trading.
it is very cumbersome to put symbol in the Tradingview chart and combine essential individual indicators one by one.
Moreover even with such a combination, the chart is messy and visibility is not good.
This is because each indicator is not designed with the others in mind.
This suite was developed as a composite-solution to that situation, and will make you happy.
--> This is steamlined pin-up version of .srb suite.
--> A minimal set of indicators for comparing different symbols.
--> This is well-balanced alternative next version of previous .b pin-up symbol
BTC-agg. Volume
4 BTC-spot & 4 BTC-PERP volume aggregated.
It might helps you don't miss out on important volume flows.
Weighted to spot trading volume when using PERP+spot volume .
If enabled, BTC-agg.Vol automatically applied when selecting BTC-pair.
--> This is used in calculations involving volumes, such as VWAP .
Moving Average
1 x JMA trend ribbon ; Accurately follow short-term trend changes.
2 x EMA ribbon ; zone , not the line.
MA extension line ; It provide high visibility to recognize the direction of the MA.
SPECIAL TOOLS
BB regular (Dev. 2.0, 2.5)
BB Extented (Dev. 2.5, 3.0, 3.5)
SPECIAL TOOLS - Ultra Volume Marking
x2 x4 greater than regular average volume, it will help you can take the reversal
It does not directly indicate volume, but ultra-volume marking is enough for compare.
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if you have any questions freely contact to me by message on tradingview
but please understand that responses may be quite late.
Special thanks to all of contributors of community.
The script may be freely distributed under the MIT license.
Bitcoin Support BandsSMA and EMA support/resistance bands for Bitcoin. Based on 4 week multiples; 1 month, 3 month, 6 month, 1 year, 2 year, 4 year.
Bitcoin Weekly Support BandsMy first ever attempt at a custom script. I took Benjamin Cowen's concept of the Bitcoin Bull Market Support Band and applied it to the 100 week and 200 week moving averages. I also added in the 300 week sma. I mainly wanted to have all these in one indicator.
Scalping Support Resistance StrategyScalping strategy for BTC using one line: Support Resistance.
The strategy draws a line based on the minimum value of the average of High, Low, and Close for a given bar. The entries are carried out on the breakdown of this line. Exits are managed by the specified in the script's inputs take-profit and stop-loss percentages.
From Stream:
www.tradingview.com
