Ichimoku MTF (best MTF 4H - Entry 15M)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The technical indicator shows relevant information at a glance by using averages.
The overall trend is up when the price is above the cloud, down when the price is below the cloud, and trendless or transitioning when the price is in the cloud.
Charles G. Koonitz. “Ichimoku Analysis & Strategies: The Visual Guide to Spot the Trends in Stock Market, Cryptocurrency and Forex Using Technical Analysis and Cloud Charts," Tripod Solutions Inc., 2019.
When Leading Span A is rising and above Leading Span B, this helps to confirm the uptrend and the space between the lines is typically colored green. When Leading Span A is falling and below Leading Span B, this helps confirm the downtrend. The space between the lines is typically colored red in this case.1
Traders will often use the Ichimoku Cloud as an area of support and resistance depending on the relative location of the price. The cloud provides support/resistance levels that can be projected into the future. This sets the Ichimoku Cloud apart from many other technical indicators that only provide support and resistance levels for the current date and time.
Traders should use the Ichimoku Cloud in conjunction with other technical indicators to maximize their risk-adjusted returns. For example, the indicator is often paired with the relative strength index (RSI), which can be used to confirm momentum in a certain direction. It’s also important to look at the bigger trends to see how the smaller trends fit within them. For example, during a very strong downtrend, the price may push into the cloud or slightly above it, temporarily, before falling again. Only focusing on the indicator would mean missing the bigger picture that the price was under strong longer-term selling pressure.
Crossovers are another way that the indicator can be used. Watch for the conversion line to move above the base line, especially when the price is above the cloud. This can be a powerful buy signal. One option is to hold the trade until the conversion line drops back below the base line. Any of the other lines could be used as exit points as well.
Indicateurs et stratégies
RSI Bands with Volume and EMAThis script is a comprehensive technical analysis tool designed to help traders identify key market signals using RSI bands, volume, and multiple Exponential Moving Averages (EMAs). It overlays the following on the chart:
RSI Bands: The script calculates and plots two bands based on the Relative Strength Index (RSI), indicating overbought and oversold levels. These bands act as dynamic support and resistance zones:
Resistance Band (Upper Band): Plotted when the RSI exceeds the overbought level, typically indicating a potential sell signal.
Support Band (Lower Band): Plotted when the RSI falls below the oversold level, typically indicating a potential buy signal.
Midline: The average of the upper and lower bands, acting as a neutral reference.
Buy/Sell Labels: Labels are dynamically added to the chart when price reaches the overbought or oversold levels.
A "Buy" label appears when the price reaches the oversold (lower) band.
A "Sell" label appears when the price reaches the overbought (upper) band.
Volume Indicator: The script visualizes trading volume as histograms, with red or green bars representing decreasing or increasing volume, respectively. The volume height is visually reduced for better clarity and comparison.
Exponential Moving Averages (EMAs): The script calculates and plots four key EMAs (12, 26, 50, and 200) to highlight short-term, medium-term, and long-term trends:
EMA 12: Blue
EMA 26: Orange
EMA 50: Purple
EMA 200: Green
The combined use of RSI, volume, and EMAs offers traders a multi-faceted view of the market, assisting in making informed decisions about potential price reversals, trends, and volume analysis. The script is particularly useful for identifying entry and exit points on charts like BTC/USDT, although it can be applied to any asset.
SSL Channel MTFSSL Channel with MTF support, This eliminates the noise of a basic SSL Channel script which is based on ErwinBeckers SSL Channel. So i have used a Multi Time Frame approach to have a clear confirmation of trend and reduce Noise and False signals unlike basic SSL Channel.
This script can be used to determine.
Support/Resistance
High/Low Breakout
Trend Direction
MA candles for Entry
The high and low sma are plotted as SSL CHANNEL when ever the high and low sma cross each other a direction change is observed.
The direction of SSL channel determines the trend of the price. The length of the channel can be changed as required a low value has a high noise and direction can be determined with low accuracy. Increasing the length of SSL channel has high accuracy trend confirmation.
The MTF SSL Channel uses plot from higher timeframe this helps in using SSL Channel as a Price Action Tool. Price when ever crosses over or below the channel determines a breakout. Price tries to move between the High SMA line and Low SMA Line of the SSL Channel rejection, breakouts can be easily observed on a lower timeframe using SSL Channel Plot from a higher timeframe.
I have used 5min/15min chart with MTF SSL from a 1Hr/4Hr and a length of 5 instead of 10. This helps quick direction changes over a period of 1hr to 4hr. Price is trapped within the High SMA and Low SMA lines of SSL Channel. In addition to SSL High Low and average mid line is plotted to additional reference.
Buy Sell Signals are plotted based on crossover of SMA High and Low.
Candle are Plotted Using a SMA with length of 5. This Candle Plot can be used to make an entry based on direction confirmation of SSL. keep in mind the direction of SSL Plot and the candle must be same. Preferably Entry can made above or below the midline of SSL Channel. The Candle Plot eliminates the Noise of traditional Japanese Candlesticks.
Additionally MACD Crossover and MACD Trend line confirmations can be used to confirm a Buy Sell and Entry signals
Alerts are also plotted accordingly.
Katik Cycle 56 DaysThis script plots vertical dotted lines on the chart every 56 trading days, starting from the first bar. It calculates intervals based on the bar_index and draws the lines for both historical and future dates by projecting the lines forward.
The lines are extended across the entire chart height using extend=extend.both, ensuring visibility regardless of chart zoom level. You can customize the interval length using the input box.
Note: Use this only for 1D (Day) candle so that you can find the changes in the trend...
Volume Weighted HMA Index | mad_tiger_slayerTitle: 🍉 Volume Weighted HMA Index | mad_tiger_slayer 🐯
Description:
The Volume Weighted HMA Index is a cutting-edge indicator designed to enhance the accuracy and responsiveness of trading signals by combining the power of volume with the Hull Moving Average (HMA). This indicator adjusts the HMA based on volume-weighted price changes, providing faster and more reliable entry and exit signals while reducing the likelihood of false signals.
Intended and Best Uses:
Used for Strategy Creation:
Extremely Quick Entries and Exits
Intended for Higher timeframe however can be used for scalping paired with additional scripts.
Can be paired to create profitable strategies
TREND FOLLOWING NOT MEAN REVERTING!!!!
[Key Features:
Volume Integration: Dynamically adjusts the HMA using volume data to prioritize higher-volume bars, ensuring that market activity plays a crucial role in signal generation.
Enhanced Signal Clarity: The indicator calculates precise long and short signals by detecting volume-weighted HMA crossovers.
Bar Coloring: Visually differentiate bullish and bearish conditions with customizable bar colors, making trends easier to identify.
Custom Signal Plotting: Optional long and short signal markers for a clear visual representation of potential trade opportunities.
Highly Configurable: Adjust parameters such as volume length and calculation source to tailor the indicator to your trading preferences and strategy.
How It Works:
Volume Weighting: The indicator calculates the HMA using a volume-weighted price change, amplifying the influence of high-volume periods on the moving average.
Trend Identification: Crossovers of the volume-weighted HMA with zero determine trend direction, where:
A bullish crossover signals a long condition.
A bearish crossunder signals a short condition.
Visual Feedback: Bar colors and optional signal markers provide real-time insights into trend direction and trading signals.
Use Cases:
Trend Following: Quickly identify emerging trends with volume-accelerated HMA calculations.
Trade Confirmation: Use the indicator to confirm the strength and validity of your trade setups.
Custom Signal Integration: Combine this indicator with your existing strategies to refine entries and exits.
Notes:
Ensure that your trading instrument provides volume data for accurate calculations. If no volume is available, the script will notify you.
This script works best when combined with other indicators or trading frameworks for a comprehensive market view.
Inspired by the community and designed for traders looking to stay ahead of the curve, the Volume Weighted HMA Index is a versatile tool for traders of all levels.
MultiTime Stochastics ProMultiTime Stochastics Pro
This indicator is an enhanced version of the stochastic indicator, featuring two separate stochastics. This functionality allows you to adjust the settings and time frame for each stochastic individually, enabling a more precise analysis of market fluctuations.
The Double Stochastic indicator enables you to simultaneously analyze the market in different time frames with two separate stochastics. One of the standout features of this indicator is that when the chart's time frame changes, each stochastic is displayed according to the time set for it and does not change in other time frames. This feature provides greater flexibility and accuracy in market analysis.
How the Indicator Works
This indicator calculates two separate stochastics:
The first stochastic (K1 and D1) with its own specific time frame and settings.
The second stochastic (K2 and D2) with a different time frame and settings.
These two stochastics are displayed simultaneously on one chart, and overbought and oversold lines are also included.
How to Use
Parameter Adjustment : Adjust the parameters K1 Length, D1 Smoothing, and K1 Time Frame as desired. Do the same for the second stochastic.
Signal Analysis : Analyze buy and sell signals based on the stochastic values and the overbought and oversold lines.
Advantages
Greater Precision : With two separate stochastics, you can follow market fluctuations with greater accuracy.
Flexibility : The ability to individually set the time frame and parameters for each stochastic makes this indicator highly flexible.
Stronger Signals : The simultaneous display of two stochastics allows you to receive stronger buy and sell signals.
Multi-time frame Analysis : The ability to analyze the market in different time frames simultaneously.
This indicator is suitable for traders seeking more precise and flexible market analysis tools. I hope these explanations help you publish your indicator in the best possible way!
Dominance: USDT + USDCThis script combines the dominance of USDT and USDC, the two largest stablecoins in the market, to provide a clear and accurate view of their impact on the total cryptocurrency market cap.
Key Features:
- Individual Dominance: Displays the percentage dominance of USDT and USDC separately.
- Combined Dominance: Shows a line combining the dominance of both stablecoins to understand their total market influence.
- Real-Time Accuracy: Updates values based on the latest TradingView data.
- Visual Clarity: Unique colors for each line for easy interpretation:
- Blue: USDT Dominance.
- Green: USDC Dominance.
- Red: Total Combined Dominance.
Benefits:
- Strategic Analysis: Evaluate how stablecoins influence capital flow in the crypto market.
- Identify Trends: Understand growth or decline in dominance to detect market direction changes.
- Informed Decisions: Ideal for traders analyzing the relationship between stablecoins and overall market movements.
How to Use:
- Add the script to your chart and monitor the dominance lines.
- Use the insights to support your trading strategy.
Note: This script does not provide buy or sell signals. It is intended for informational and analytical purposes.
Waldo RSI :oWaldo RSI :o Indicator Guide
The Waldo RSI :o indicator is designed to complement the "Waldo RSI Overlay :o" by providing an RSI-based analysis on TradingView, focusing on macro shifts in market trends. Here's a comprehensive guide on how to use this indicator:
Key Features:
RSI Settings:
RSI Source: Choose from ON RSI, ON HIGH, ON LOW, ON CLOSE, or ON OPEN to determine how RSI calculates pivots.
RSI Settings:
Source: Default is (H+L)/2, but you can select any price for RSI calculation.
Length: Default RSI length is 7, which can be adjusted for sensitivity.
Trend Lines:
Show Trend Lines: Option to display trend lines based on RSI pivot points.
Zigzag Length: Determines pivot point sensitivity.
Confirm Length: Validates pivot points (default is 3).
Colors: Customize colors for Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL) on the RSI.
Label Size and Line Width: Adjust the appearance of labels and lines.
Divergences:
Classic Divergences:
Show Classic Div: Toggle to reveal divergences where RSI and price move in opposite directions.
Colors: Set different colors for bullish and bearish divergence indicators.
Transparency and Line Width: Control the visual impact of divergence signals.
Hidden Divergences:
Similar settings for identifying hidden divergences, suggest trend continuation.
Breakout/Breakdown:
Show Breakout/Breakdown: Generates signals for RSI breakouts or breakdowns, used by "Waldo RSI Overlay :o" for visual chart signals.
Overbought/Oversold Zones:
Show Overbought and OverSold Zones: Highlights when RSI goes above 70 (overbought) or below 30 (oversold).
Moving Averages on RSI:
The default Moving Average (MA) settings are tailored to capture macro shifts in market trends:
Show Moving Averages: Option to overlay two MAs on the RSI for trend confirmation:
Fast RSI MA:
RSI Period: 50 (this is the period over which the RSI is calculated).
MA Length: 50 (the number of periods used for the moving average of the RSI).
Slow RSI MA:
RSI Period: 50 (same as fast for consistency in RSI calculation).
MA Length: 200 (longer term for capturing broader trends).
Crossover Signals: The RSI changes color from red to green based on these moving average crossovers:
When the Fast MA (50 period) crosses above the Slow MA (200 period), the RSI turns green, indicating potential bullish conditions or momentum shift.
Conversely, when the Fast MA crosses below the Slow MA, the RSI turns red, suggesting bearish conditions or a shift back towards a downtrend.
This 50-period RSI crossover setting is used to identify overall macro shifts in the market, providing a clear visual cue for traders looking at longer-term trends.
Ghost Lines (Optional):
Ghost Lines: Option to limit how far RSI trend lines extend, helping to keep the chart less cluttered.
How to Use the Indicator:
Setup:
Configure RSI by choosing the source and setting the length to match your trading style.
Set the zigzag and confirm lengths for appropriate pivot detection.
Trend Analysis:
Monitor the RSI for trend changes using the colored trend lines and labels.
Divergence Detection:
Look for RSI and price divergences to anticipate potential reversals or continuations.
Breakout/Breakdown:
Use these signals in conjunction with "Waldo RSI Overlay :o" for price action confirmation.
Overbought/Oversold:
Identify when the market might be due for a correction or continued momentum.
Moving Averages:
Focus on the color changes in RSI to understand macro trend shifts with the default 50/200 period setup.
Ghost Lines:
Enable for a cleaner chart if you don't need trend lines extending indefinitely.
Usage Tips:
Combine with other indicators for confirmation, as no single tool is foolproof.
Adjust settings to suit different market conditions or trading timeframes.
Use in tandem with "Waldo RSI Overlay :o" for a full trading signal system.
Remember, trading involves significant risk, and historical data does not guarantee future performance. Use this indicator as part of a broader trading strategy.
Waldo RSI Overlay :oWaldo RSI Overlay :o Indicator Guide
Welcome to the guide for the Waldo RSI Overlay :o indicator on TradingView. This tool enhances your trading analysis through RSI-based overlays for trend analysis, divergence detection, and breakout/breakdown signals when used with its companion indicator, Waldo RSI :o.
Key Features:
RSI Overlay:
• RSI Source: Choose from:
o ON RSI: Uses the RSI values directly to detect pivots, focusing on RSI highs and lows for trend analysis.
o ON HIGH, ON CLOSE, ON LOW, ON OPEN:
These options base pivot detection on price action at those specific points, offering an alternative market structure view.
• RSI Settings:
o Source: Default is (H+L)/2, but you can select any price for RSI calculation.
o Length: Default RSI length is 7, which you can adjust for sensitivity.
Trend Lines:
• Show Trend Lines: Toggle to display trend lines based on pivot points.
• Zigzag Length: Sets the sensitivity of pivot point detection.
• Confirm Length: Ensures the validity of pivot points (default is 3).
• Colors: Customize colors for Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL).
• Transparency and Line Width: Control how trend lines and fills appear.
• Label Size: Adjust the size of labels identifying pivot points.
Divergences:
• Classic Divergences:
o Show Classic Div: Enable to highlight regular divergences where price and RSI move in opposite directions.
o Colors: Define colors for bullish and bearish divergence lines and labels.
o Transparency and Line Width: Adjust the visual impact of divergence signals.
• Hidden Divergences:
o Similar settings as classic, but these highlight divergences indicating trend continuation.
Breakout/Breakdown:
• Show Breakout/Breakdown: When activated, this feature signals when the price breaks through previous highs or lows. To activate these breakouts, you need the companion indicator Waldo RSI :o, select the SRC in the External section, and select the crossovers for each one.
This combination provides RSI confirmation for breakout/breakdown events.
Overbought/Oversold Zones:
• Show Overbought and Oversold Zones: Bars are colored when RSI exceeds 70 (purple) or falls below 30 (blue), indicating potential market extremes.
Moving Averages (Optional):
• Show Moving Averages: Option to overlay two moving averages for trend confirmation.
• Source, Type, Length: Customize each MA's configuration.
Ghost Lines (Optional):
• Ghost Lines: When enabled, trend lines extend for only a specified period (Ghost Length) instead of indefinitely.
How to Use the Indicator:
1. Setup:
o Configure RSI settings by choosing the RSI Source and adjusting the RSI Length to suit your trading style.
o Set the Zigzag Length and Confirm Length for trend line sensitivity based on market volatility.
2. Trend Analysis:
o Look at the colored horizontal lines and fills for HH, LH, HL, LL to discern market structure and potential reversal points.
3. Divergence Detection:
o Identify divergences where price and RSI diverge. Regular divergences might signal trend exhaustion, while hidden ones could indicate trend persistence.
4. Breakout/Breakdown Signals:
o Ensure you have both the Waldo RSI Overlay :o and Waldo RSI :o indicators applied. Green triangles below bars signal breakouts; red ones above indicate breakdowns, based on price movement with RSI confirmation from the companion indicator.
5. Overbought/Oversold:
o Use these colored zones to spot potential momentum shifts or reversal areas.
6. Moving Averages on RSI:
o If used, these can help confirm trends or identify crossover signals for additional trade confirmation.
7. Ghost Lines:
o For a less cluttered chart, enable this to limit how far trend lines extend.
Tips for Usage:
• Always combine this indicator with other analytical tools for better confirmation. No single indicator should guide all decisions.
• Adjust settings according to the asset's behavior and your trading timeframe.
• Regularly review your settings as market dynamics change.
Remember, trading involves risk, and past performance doesn't predict future outcomes. Use this indicator within a comprehensive trading strategy.
Multi Timeframe MAsThis Pine Script indicator, titled "Multi Timeframe MAs," allows you to plot Exponential Moving Averages (EMAs) or Simple Moving Averages (SMAs) from multiple timeframes on a single chart. This helps traders and analysts visualize and compare different moving averages across various timeframes without having to switch between charts.
Key Features:
Multiple Timeframes:
The script supports six different timeframes, ranging from minutes to weekly intervals.
Users can input their desired timeframes, including custom settings such as "60" (60 minutes), "D" (daily), and "W" (weekly).
Moving Average Types:
Users can choose between Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) for each timeframe.
The script utilizes a ternary operator to determine whether to calculate an EMA or an SMA based on user input.
Customizable Periods:
Each moving average can have a different period, allowing for flexibility in analysis.
The default periods are set to commonly used values (e.g., 15, 20, 5, 12).
Visibility Controls:
Users can toggle the visibility of each moving average line, enabling or disabling them as needed.
This feature helps declutter the chart when specific moving averages are not required.
Black Stepped Lines:
All moving averages are plotted as black, stepped lines to provide a clear and consistent visual representation.
This makes it easy to distinguish these lines from other elements on the chart.
Example Use Cases:
Trend Analysis: Compare short-term and long-term trends by visualizing moving averages from different timeframes on a single chart.
Support and Resistance Levels: Identify key support and resistance levels across multiple timeframes.
Cross-Timeframe Strategy: Develop and test trading strategies that rely on the confluence of moving averages from different timeframes.
This script offers a powerful tool for traders and analysts who want to gain deeper insights into market movements by examining moving averages across multiple timeframes. With its customizable settings and user-friendly interface, it provides a versatile solution for a wide range of trading and analytical needs.
Multiple Values TableThis Pine Script indicator, named "Multiple Values Table," provides a comprehensive view of various technical indicators in a tabular format directly on your trading chart. It allows traders to quickly assess multiple metrics without switching between different charts or panels.
Key Features:
Table Position and Size:
Users can choose the position of the table on the chart (e.g., top left, top right).
The size of the table can be adjusted (e.g., tiny, small, normal, large).
Moving Averages:
Calculates the 5-day Exponential Moving Average (5DEMA) using daily data.
Calculates the 5-week and 20-week EMAs (5WEMA and 20WEMA) using weekly data.
Indicates whether the current price is above or below these moving averages in percentage terms.
Drawdown and Williams VIX Fix:
Computes the drawdown from the 365-day high to the current close.
Calculates the Williams VIX Fix (WVF), which measures the volatility of the asset.
Shows both the current WVF and a 2% drawdown level.
Relative Strength Index (RSI):
Displays the current RSI and compares it to the RSI from 14 days ago.
Indicates whether the RSI is increasing, decreasing, or flat.
Stochastic RSI:
Computes the Stochastic RSI and compares it to the value from 14 days ago.
Indicates whether the Stochastic RSI is increasing, decreasing, or flat.
Normalized MACD (NMACD):
Calculates the Normalized MACD values.
Indicates whether the MACD is increasing, decreasing, or flat.
Awesome Oscillator (AO):
Calculates the AO on a daily timeframe.
Indicates whether the AO is increasing, decreasing, or flat.
Volume Analysis:
Displays the average volume over the last 22 days.
Shows the current day's volume as a percentage of the average volume.
Percentile Calculations:
Calculates the current percentile rank of the WVF and ATH over specified periods.
Indicates the percentile rank of the current volume percentage over the past period.
Table Display:
All these values are presented in a neatly formatted table.
The table updates dynamically with the latest data.
Example Use Cases:
Comprehensive Market Analysis: Quickly assess multiple indicators at a glance.
Trend and Momentum Analysis: Identify trends and momentum changes based on various moving averages and oscillators.
Volatility and Drawdown Monitoring: Track volatility and drawdown levels to manage risk effectively.
This script offers a powerful tool for traders who want to have a holistic view of various technical indicators in one place. It provides flexibility in customization and a user-friendly interface to enhance your trading experience.
Drawdown from 22-Day High (Daily Anchored)This Pine Script indicator, titled "Drawdown from 22-Day High (Daily Anchored)," is designed to plot various drawdown levels from the highest high over the past 22 days. This helps traders visualize the performance and potential risk of the security in terms of its recent high points.
Key Features:
Daily High Data:
Fetches daily high prices using the request.security function with a daily timeframe.
Highest High Calculation:
Calculates the highest high over the last 22 days using daily data. This represents the highest price the security has reached in this period.
Drawdown Levels:
Computes various drawdown levels from the highest high:
2% Drawdown
5% Drawdown
10% Drawdown
15% Drawdown
25% Drawdown
45% Drawdown
50% Drawdown
Dynamic Line Coloring:
The color of the 2% drawdown line changes dynamically based on the current closing price:
Green (#02ff0b) if the close is above the 2% drawdown level.
Red (#ff0000) if the close is below the 2% drawdown level.
Plotting Drawdown Levels:
Plots each drawdown level on the chart with specific colors and line widths for easy visual distinction:
2% Drawdown: Green or Red, depending on the closing price.
5% Drawdown: Orange.
10% Drawdown: Blue.
15% Drawdown: Maroon.
25% Drawdown: Purple.
45% Drawdown: Yellow.
50% Drawdown: Black.
Labels for Drawdown Levels:
Adds labels at the end of each drawdown line to indicate the percentage drawdown:
Labels display "2% WVF," "5% WVF," "10% WVF," "15% WVF," "25% WVF," "45% WVF," and "50% WVF" respectively.
The labels are positioned dynamically at the latest bar index to ensure they are always visible.
Explanation of Williams VIX Fix (WVF)
The Williams VIX Fix (WVF) is a volatility indicator designed to replicate the behavior of the VIX (Volatility Index) using price data instead of options prices. It helps traders identify market bottoms and volatility spikes.
Key Aspects of WVF:
Calculation:
The WVF measures the highest high over a specified period (typically 22 days) and compares it to the current closing price.
It is calculated as:
WVF
=
highest high over period
−
current close
highest high over period
×
100
This formula provides a percentage measure of how far the price has fallen from its recent high.
Interpretation:
High WVF Values: Indicate increased volatility and potential market bottoms, suggesting oversold conditions.
Low WVF Values: Suggest lower volatility and potentially overbought conditions.
Usage:
WVF can be used in conjunction with other indicators (e.g., moving averages, RSI) to confirm signals.
It is particularly useful for identifying periods of significant price declines and potential reversals.
In the script, the WVF concept is incorporated into the drawdown levels, providing a visual representation of how far the price has fallen from its 22-day high.
Example Use Cases:
Risk Management: Quickly identify significant drawdown levels to assess the risk of current positions.
Volatility Monitoring: Use the WVF-based drawdown levels to gauge market volatility.
Support Levels: Utilize drawdown levels as potential support levels where price might find buying interest.
This script offers traders and analysts an efficient way to visualize and track important drawdown levels from recent highs, helping in better risk management and decision-making. The dynamic color and label features enhance the readability and usability of the indicator.
ILD inverse liquidity Divergence StrategyDetermine Bias (Bullish):
H4 chart shows an uptrend with higher highs and higher lows.
Identify a swing high where resting liquidity (buy-side) is likely above.
Look for SMT Divergence (Lower Timeframes):
On M15, EUR/USD makes a higher high while GBP/USD fails to, signaling potential manipulation.
Spot an Inverse Fair Value Gap (IFVG):
Price has impulsively moved up, leaving a fair value gap below.
Wait for a Retracement (Entry):
Price retraces into the IFVG near a Fibonacci 61.8% retracement level.
Enter long here with a SL below the gap.
Set Risk-to-Reward:
SL = 10 pips below the entry.
TP = 20 pips above (1:2 R:R), targeting a resting liquidity zone above a recent swing high.
Monitor and Exit:
Price moves into the liquidity zone, hits TP, and completes the trade.
Position Size Calculator (MOEX Futures)Описание на русском языке
Этот скрипт для TradingView создан специально для трейдеров, работающих с фьючерсами на Московской бирже. Его основная цель – помочь трейдерам быстро и точно рассчитывать параметры позиции, такие как количество контрактов, риск на сделку, общий размер маржи, а также цены стоп-лосса и тейк-профита.
Функционал:
Расчет цены контракта: учитывает цену актива (в пунктах) и стоимость одного пункта.
Риск на сделку: определяется как процент от общего капитала.
Размер позиции: рассчитывается на основе риска на сделку и стоп-лосса.
Количество контрактов: округляется до целого числа вниз.
Общий размер маржи: определяется исходя из количества контрактов и маржи на один контракт.
Цены стоп-лосса и тейк-профита: вычисляются как для лонг-, так и для шорт-позиций.
Интерактивная таблица: статично отображается в правом верхнем углу графика и обновляется автоматически при изменении входных данных.
Скрипт заточен исключительно под специфику фьючерсов Московской биржи и позволяет трейдерам оптимизировать расчёты, минимизировать ошибки и экономить время.
Description in English
This TradingView script is specifically designed for traders working with futures on the Moscow Exchange. Its primary purpose is to help traders quickly and accurately calculate position parameters, such as the number of contracts, risk per trade, total margin size, and stop-loss and take-profit prices.
Features:
Contract price calculation: Takes into account the asset price (in points) and the price per point.
Risk per trade: Defined as a percentage of the total capital.
Position size: Calculated based on the risk per trade and stop-loss percentage.
Number of contracts: Rounded down to the nearest whole number.
Total margin size: Determined based on the number of contracts and margin per contract.
Stop-loss and take-profit prices: Calculated for both long and short positions.
Interactive table: Statically displayed in the top-right corner of the chart and dynamically updated when input parameters change.
This script is tailored exclusively to the specifics of futures trading on the Moscow Exchange, enabling traders to optimize calculations, minimize errors, and save time.
Matrix Series and Vix Fix with VWAP CCI and QQE SignalsMatrix Series and Vix Fix with VWAP CCI and QQE Signals
Short Title: Advanced Matrix
Purpose
This Pine Script combines multiple technical analysis tools to create a comprehensive trading indicator. It incorporates elements like support/resistance zones, overbought/oversold conditions, Williams Vix Fix, QQE (Quantitative Qualitative Estimation) signals, VWAP CCI signals, and a 200-period SMA for trend filtering. The goal is to provide actionable buy and sell signals with enhanced visualization.
Key Features and Components
1. Matrix Series
Smoothing Input: Allows customization of EMA smoothing for the indicator (default: 5).
Support/Resistance Zones: Based on CCI (Commodity Channel Index) values.
Dynamic zones calculated with customizable parameters (SupResPeriod, SupResPercentage, PricePeriod).
Candlestick Visualization: Custom candlestick plots with colors indicating trends.
Dynamic levels for overbought/oversold conditions.
2. Overbought/Oversold Signals
Overbought and oversold levels are adjustable (ob and os).
Plots circles on the chart to highlight extreme conditions.
3. Williams Vix Fix
Identifies potential reversal points by analyzing volatility.
Uses Bollinger Bands and percentile thresholds to detect high-probability entries.
Includes two alert levels (alert1 and alert2) with customizable criteria for signal filtering.
4. QQE Signals
Based on the smoothed RSI and QQE methodology.
Detects trend changes using adaptive ATR bands (FastAtrRsiTL).
Plots long and short signals when specific conditions are met.
5. VWAP CCI Signals
Combines VWAP and CCI for additional trade signals.
Detects crossovers and crossunders of CCI levels (-200 and 200) to generate long and short signals.
6. 200 SMA
A 200-period simple moving average is plotted to act as a trend filter.
The script rules recommend buying only when the price is above the SMA200.
Customizable Inputs
General:
Smoothing, support/resistance periods, overbought/oversold levels.
Williams Vix Fix:
Lookback periods, Bollinger Band settings, percentile thresholds.
QQE:
RSI length, smoothing factor, QQE factor, and threshold values.
VWAP CCI:
Length for calculating deviations.
Visual Elements
Dynamic candlestick colors to indicate trend direction.
Overbought/oversold circles for extreme price levels.
Resistance and support lines.
Labels and shapes for buy/sell signals from Vix Fix, QQE, and VWAP CCI.
Alerts
Alerts are configured for the Matrix Series (e.g., "BUY MATRIX") and other components, ensuring traders are notified when significant conditions are met.
Intended Use
This indicator is designed for traders seeking a multi-faceted tool to analyze market trends, identify potential reversal points, and generate actionable trading signals. It combines traditional indicators with advanced techniques for comprehensive market analysis.
Strength Measurement -HTStrength Measurement -HT
This indicator provides a comprehensive view of trend strength by calculating the average ADX (Average Directional Index) across multiple timeframes. It helps traders identify strong trends, potential reversals, and confirm signals from other indicators.
Key Features:
Multi-Timeframe Analysis: Analyze trend strength across different timeframes. Choose which timeframes to include in the calculation (5 min, 15 min, 30 min, 1 hour, 4 hour).
Customizable ADX Parameters: Adjust the ADX smoothing (adxlen) and DI length (dilen) parameters to fine-tune the indicator to your preferred settings.
Smoothed Average ADX: The average ADX is smoothed using a Simple Moving Average to reduce noise and provide a clearer picture of the overall trend.
Color-Coded Visualization: The histogram clearly indicates trend direction and strength:
Green: Uptrend
Red: Downtrend
Darker shades: Stronger trend
Lighter shades: Weaker trend
Reference Levels: Includes horizontal lines at 25, 50, and 75 to provide benchmarks for trend strength classification.
Alerts: Set alerts for strong trend up (ADX crossing above 50) and weakening trend (ADX crossing below 25).
How to Use:
Select Timeframes: Choose the timeframes you want to include in the average ADX calculation.
Adjust ADX Parameters: Fine-tune the adxlen and dilen values based on your trading style and the timeframe of the chart.
Identify Strong Trends: Look for histogram bars with darker green or red colors, indicating a strong trend.
Spot Potential Reversals: Watch for changes in histogram color and height, which may suggest a weakening trend or a potential reversal.
Combine with Other Indicators: Use this indicator with other technical analysis tools to confirm trading signals.
Note: This indicator is based on the ADX, which is a lagging indicator.
Auto Fibonacci LinesThis TradingView script is a modded version of the library called "VisibleChart" created by Pinecoder.
This version has the option for users to change the Fibonacci lines and price labels. This makes the script user-friendly.
Fibonacci extensions are a tool that traders can use to establish profit targets or estimate how far a price may travel after a retracement/pullback is finished. Extension levels are also possible areas where the price may reverse. This study automatically draws horizontal lines that are used to determine possible support and resistance levels.
It's designed to automatically plot Fibonacci retracement levels on chart, aiding in technical analysis for traders.
First, the highest and lowest bars on the chart are calculated. These values are used for Fibonacci extensions.
These values update as traders scroll or zoom their charts, this shows that it is a useful indicator that can dynamically calculate and draw visuals on visible bars only.
Difference Between Candle Close and Fibonacci MA AVGIndicator calculates the first 17 Fibonacci moving averages and then finds the average. The difference between the close price and average Fibonacci MA and is then "scaled" by dividing the average Fibonacci MA.
Indicator shows the MA trend and can show possible support and resistance. Indicator shows an oscillation between an asset being overbought and oversold. Each asset has its own oscillation profile.
diff = (close - avgFibMA)/avgFibMA
Candle Close Distance AlertThreshold-Based Distance:
You define a threshold percentage (threshold_percent) to specify what "far" means (e.g., 2%).
The script calculates the absolute distance between:
Close and Open
Close and High
Close and Low
If any of these distances exceed the specified threshold, the condition is triggered.
Visual Markers:
Green markers (triangle up) indicate the close is far from the open.
Red markers (triangle down) indicate the close is far from the high.
Blue markers (triangle down) indicate the close is far from the low.
These markers make it easy to spot significant price movements on the chart.
Customizable Alerts:
If enabled, alerts are triggered when any of the conditions are met.
Alerts are designed to notify you in real time if a candle closes far from the open, high, or low.
PDF-MA Supertrend [BackQuant]PDF-MA Supertrend
The PDF-MA Supertrend combines the innovative Probability Density Function (PDF) smoothing with the widely popular Supertrend methodology, creating a robust tool for identifying trends and generating actionable trading signals. This indicator is designed to provide precise entries and exits by dynamically adapting to market volatility while visualizing long and short opportunities directly on the chart.
Core Feature: PDF Smoothing
At the foundation of this indicator is the PDF smoothing technique, which applies a Probability Density Function to calculate a smoothed moving average. This method allows the indicator to assign adaptive weights to data points, making it responsive to market changes without overreacting to short-term volatility.
Key parameters include:
Variance: Controls the spread of the PDF weighting. A smaller variance results in sharper responses, while a larger variance smooths out the curve.
Mean: Shifts the PDF’s center, allowing traders to tweak how weights are distributed around the data points.
Smoothing Method: Offers the choice between EMA (Exponential Moving Average) and SMA (Simple Moving Average) for blending the PDF-smoothed data with traditional moving average methods.
By combining these parameters, the PDF smoothing creates a moving average that effectively captures underlying trends.
Supertrend: Adaptive Trend and Volatility Tracking
The Supertrend is a well-known volatility-based indicator that dynamically adjusts to market conditions using the ATR (Average True Range). In this script, the PDF-smoothed moving average acts as the price input, making the Supertrend calculation more adaptive and precise.
Key Supertrend Features:
ATR Period: Determines the lookback period for calculating market volatility.
Factor: Multiplies the ATR to set the distance between the Supertrend and the price. A higher factor creates wider bands, filtering out smaller price movements, while a lower factor captures tighter trends.
Dynamic Direction: The Supertrend flips its direction based on price interactions with the calculated upper and lower bands:
Uptrend : When the price is above the Supertrend, the direction turns bullish.
Downtrend : When the price is below the Supertrend, the direction turns bearish.
This combination of PDF smoothing and Supertrend calculation ensures that trends are detected with greater accuracy, while volatility filters out market noise.
Long and Short Signal Generation
The PDF-MA Supertrend generates actionable trading signals by detecting transitions in the trend direction:
Long Signal (𝕃): Triggered when the trend transitions from bearish to bullish. This is visually represented with a green triangle below the price bars.
Short Signal (𝕊): Triggered when the trend transitions from bullish to bearish. This is marked with a red triangle above the price bars.
These signals provide traders with clear entry and exit points, ensuring they can capitalize on emerging trends while avoiding false signals.
Customizable Visualization Options
The indicator offers a range of visualization settings to help traders interpret the data with ease:
Show Supertrend: Option to toggle the visibility of the Supertrend line.
Candle Coloring: Automatically colors candlesticks based on the trend direction:
Green for long trends.
Red for short trends.
Long and Short Signals (𝕃 + 𝕊): Displays long (𝕃) and short (𝕊) signals directly on the chart for quick identification of trade opportunities.
Line Color Customization: Allows users to customize the colors for long and short trends.
Alert Conditions
To ensure traders never miss an opportunity, the PDF-MA Supertrend includes built-in alerts for trend changes:
Long Signal Alert: Notifies when a bullish trend is identified.
Short Signal Alert: Notifies when a bearish trend is identified.
These alerts can be configured for real-time notifications via SMS, email, or push notifications, making it easier to stay updated on market movements.
Suggested Parameter Adjustments
The indicator’s effectiveness can be fine-tuned using the following guidelines:
Variance:
For low-volatility assets (e.g., indices): Use a smaller variance (1.0–1.5) for smoother trends.
For high-volatility assets (e.g., cryptocurrencies): Use a larger variance (1.5–2.0) to better capture rapid price changes.
ATR Factor:
A higher factor (e.g., 2.0) is better suited for long-term trend-following strategies.
A lower factor (e.g., 1.5) captures shorter-term trends.
Smoothing Period:
Shorter periods provide more reactive signals but may increase noise.
Longer periods offer stability and better alignment with significant trends.
Experimentation is encouraged to find the optimal settings for specific assets and trading strategies.
Trading Applications
The PDF-MA Supertrend is a versatile indicator suited to a variety of trading approaches:
Trend Following : Use the Supertrend line and signals to follow market trends and ride sustained price movements.
Reversal Trading : Spot potential trend reversals as the Supertrend flips direction.
Volatility Analysis : Adjust the ATR factor to filter out minor price fluctuations or capture sharp movements.
Final Thoughts
The PDF-MA Supertrend combines the precision of Probability Density Function smoothing with the adaptability of the Supertrend methodology, offering traders a powerful tool for identifying trends and volatility. With its customizable parameters, actionable signals, and built-in alerts, this indicator is an excellent choice for traders seeking a robust and reliable system for trend detection and entry/exit timing.
As always, backtesting and incorporating this indicator into a broader strategy are recommended for optimal results.
Radial Basis Kernal ATR [BackQuant]Radial Basis Kernel ATR
The Radial Basis Kernel ATR is a trading indicator that combines the classic Average True Range (ATR) with advanced Radial Basis Function (RBF) kernel smoothing . This innovative approach creates a highly adaptive and precise tool for detecting volatility, identifying trends, and providing dynamic support and resistance levels.
With its configurable parameters and ability to adjust to market conditions, this indicator offers traders a robust framework for making informed decisions across various assets and timeframes.
Key Feature: Radial Basis Function Kernel Smoothing
The Radial Basis Function (RBF) kernel is at the heart of this indicator, applying sophisticated mathematical techniques to smooth price data and calculate an enhanced version of ATR. By weighting data points dynamically, the RBF kernel ensures that recent price movements are given appropriate emphasis without overreacting to short-term noise.
The RBF kernel uses a gamma factor to control the degree of smoothing, making it highly adaptable to different asset classes and market conditions:
Gamma Factor Adjustment :
For low-volatility data (e.g., indices), a smaller gamma (0.05–0.1) ensures smoother trends and avoids overly sharp responses.
For high-volatility data (e.g., cryptocurrencies), a larger gamma (0.1–0.2) captures the increased price fluctuations while maintaining stability.
Experimentation is Key : Traders are encouraged to backtest and visually compare different gamma values to find the optimal setting for their specific asset and strategy.
The gamma factor dynamically adjusts based on the variance of the source data, ensuring the indicator remains effective across a wide range of market conditions.
Average True Range (ATR) with Dynamic Bands
The ATR is a widely used volatility measure that captures the degree of price movement over a specific period. This indicator enhances the traditional ATR by integrating the RBF kernel, resulting in a smoothed and adaptive ATR calculation.
Dynamic bands are created around the RBF kernel output using a user-defined ATR factor , offering valuable insights into potential support and resistance zones. These bands expand and contract based on market volatility, providing a visual representation of potential price movement.
Moving Average Confluence
For additional confirmation, the indicator includes the option to overlay a moving average on the smoothed ATR. Traders can choose from several moving average types, such as EMA , SMA , or Hull , and adjust the lookback period to suit their strategy. This feature helps identify broader trends and potential confluence areas, making the indicator even more versatile.
Long and Short Trend Detection
The indicator provides long and short signals based on the directional movement of the smoothed ATR:
Long Signal : Triggered when the ATR crosses above its previous value, indicating bullish momentum.
Short Signal : Triggered when the ATR crosses below its previous value, signaling bearish momentum.
These trend signals are visually highlighted on the chart with green and red bar coloring (optional), providing clear and actionable insights.
Customization Options
The Radial Basis Kernel ATR offers extensive customization options, allowing traders to tailor the indicator to their preferences:
RBF Kernel Settings
Source : Select the price data (e.g., close, high, low) used for the kernel calculation.
Kernel Length : Define the lookback period for the RBF kernel, controlling the smoothing effect.
Gamma Factor : Adjust the smoothing sensitivity, with smaller values for smoother trends and larger values for responsiveness.
ATR Settings
ATR Period : Set the period for ATR calculation, with shorter periods capturing more short-term volatility and longer periods providing a broader view.
ATR Factor : Adjust the scaling of ATR bands for dynamic support and resistance levels.
Confluence Settings
Moving Average Type : Choose from various moving average types for additional trend confirmation.
Moving Average Period : Define the lookback period for the moving average overlay.
Visualization
Trend Coloring : Enable or disable bar coloring based on trend direction (green for long, red for short).
Background Highlighting : Add optional background shading to emphasize long and short trends visually.
Line Width : Customize the thickness of the plotted ATR line for better visibility.
Alerts and Automation
To help traders stay on top of market movements, the indicator includes built-in alerts for trend changes:
Kernel ATR Trend Up : Triggered when the ATR indicates a bullish trend.
Kernel ATR Trend Down : Triggered when the ATR signals a bearish trend.
These alerts ensure traders never miss important opportunities, providing timely notifications directly to their preferred device.
Suggested Gamma Values
The effectiveness of the gamma factor depends on the asset type and the selected kernel length:
Low Volatility Assets (e.g., indices): Use a smaller gamma factor (approximately 0.05–0.1) for smoother trends.
High Volatility Assets (e.g., crypto): Use a larger gamma factor (approximately 0.1–0.2) to capture sharper price movements.
Experimentation : Fine-tune the gamma factor using backtests or visual comparisons to optimize for specific assets and strategies.
Trading Applications
The Radial Basis Kernel ATR is a versatile tool suitable for various trading styles and strategies:
Trend Following : Use the smoothed ATR and dynamic bands to identify and follow trends with confidence.
Reversal Trading : Spot potential reversals by observing interactions with dynamic ATR bands and moving average confluence.
Volatility Analysis : Analyze market volatility to adjust risk management strategies or position sizing.
Final Thoughts
The Radial Basis Kernel ATR combines advanced mathematical techniques with the practical utility of ATR, offering traders a powerful and adaptive tool for volatility analysis and trend detection. Its ability to dynamically adjust to market conditions through the RBF kernel and gamma factor makes it a unique and indispensable part of any trader's toolkit.
By combining sophisticated smoothing , dynamic bands , and customizable visualization , this indicator enhances the ability to read market conditions and make more informed trading decisions. As always, backtesting and incorporating it into a broader strategy are recommended for optimal results.
Repeating Vertical LinesThe "Repeating Vertical Lines" indicator visualizes recurring points in time on the chart by drawing background highlights based on user-defined conditions, including specific weekdays, times, or their combination. Users can customize the color and transparency of the lines for seamless chart integration.
Gufran - Volume DivergenceThis indicator detects bullish and bearish divergences by analyzing price action, volume trends, and RSI (Relative Strength Index) for added confirmation. It highlights key market reversals or trend continuations by identifying when price movement diverges from volume dynamics, providing traders with actionable insights for entry and exit points.
Key Features:
Divergence Detection:
Bullish Divergence: Price makes a lower low, but volume shows higher lows, signaling potential upward reversals.
Bearish Divergence: Price makes a higher high, but volume shows lower highs, signaling potential downward reversals.
RSI Confirmation:
Bullish Signals: Confirmed when RSI is in the oversold zone.
Bearish Signals: Confirmed when RSI is in the overbought zone (optional relaxation of RSI conditions available).
Normalized Volume Analysis:
Volume is scaled to the price range, ensuring clear and meaningful visualization alongside price action.
Customizable Parameters:
Lookback Period: Define how far back the script looks to identify divergences.
Volume Significance: Adjust the threshold for significant volume movements.
RSI Levels: Fine-tune overbought and oversold thresholds for optimal signal accuracy.
Gap Control: Avoid clutter by setting a minimum number of candles between successive divergence signals.
Clear Visual Representation:
Bullish Divergence: Marked with green labels and connecting lines.
Bearish Divergence: Marked with red labels and connecting lines.
Dotted lines show normalized volume divergence, while solid lines indicate price divergence.
Ideal For:
Traders who rely on volume dynamics to validate price movements.
Those looking for an added layer of confidence using RSI to filter false signals.
Swing and intraday traders aiming to identify market reversal zones or continuation patterns.
Customization Options:
Lookback Period: Adjustable range for detecting highs and lows.
Volume Threshold: Define the multiplier for significant volume changes.
RSI Settings: Tailor overbought/oversold levels to suit your trading style.
Relax RSI Condition: Toggle stricter or more flexible conditions for bearish divergences.
How to Use:
Add the indicator to your chart and configure the parameters to fit the asset and timeframe you are trading.
Look for:
Green “Bullish Div” labels near price lows for potential buying opportunities.
Red “Bearish Div” labels near price highs for potential selling opportunities.
Use this indicator in combination with other tools like support/resistance levels, trendlines, or moving averages for a comprehensive trading strategy.
Disclaimer:
This indicator is a tool for educational purposes and should not be used as a standalone trading signal. Always conduct proper risk management and consider additional technical/fundamental analysis before making trading decisions.
