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✨Smart Option MACD: Bullish, Bearish, Neutral Logic by AKM ✨The **Smart Option MACD: Bullish, Bearish, Neutral Logic by AKM** is an advanced indicator designed for TradingView, tailored for option traders on indices like NIFTY. It automates options trend scanning by applying MACD analysis to both Call (CE) and Put (PE) options near the ATM (At-The-Money) strike, providing actionable market states—Bullish, Bearish, or Neutral—using distinct logic for both strikes and overall market context. *** ### Core Features - **Option Selection Logic:** The script dynamically calculates ATM, CE, and PE strike prices based on the underlying index spot price and customizable user inputs for expiry, strike distance, and OTM/ITM shift. - **MACD on Option Prices:** For both CE and PE symbols, the indicator computes the MACD (Moving Average Convergence Divergence) and Signal lines. It uses standard MACD settings: 12-period EMA (fast), 26-period EMA (slow), and 9-period Signal. - **Strike Status Classification:** - AZL 🔼: Indicates MACD > 0 for that option, signifying positive momentum. - BZL 🔽: Indicates MACD 0 & crossover up), PE is bearish (MACD<0 & crossover down). - **Bearish:** PE is bullish & crossover up, CE is bearish & crossover down. - **Neutral:** All other scenarios—including mixed or undefined signals. *** ### Table Output A real-time table is displayed on the chart (top-right) with key option and market details: - Spot price - ATM Strike - CE/PE strike status (momentum + crossover logic) - Option prices - Overall market state, color-coded for clarity *** ### How to Use This Indicator - **Entry Signal:** Use the Bullish/Bearish status for directional trades or option strategies. Bullish calls for buying or selling upward momentum options; Bearish favors downside trades. Neutral advises caution or range-bound trades. - **Customizability:** Expiry, strike width, OTM/ITM offset, and chart resolution are user-controlled, allowing adaptation to different market contexts. - **Best Practice:** Use alongside price action, support/resistance zones and other indicators to confirm options momentum, as MACD is powerful yet not infallible. *** ### Who Is It For? - **Option traders** who want to automate trend/momentum detection for CE/PE strikes instead of manual chart switching. - **Index traders** (NIFTY, BANKNIFTY...) seeking systematic edge in intraday/positional strategies tied to option momentum. - **Technical analysts** interested in visual, rule-based signals combining options data and classic MACD logic. *** The Smart Option MACD indicator streamlines multi-strike, multi-option momentum analysis and presents clear actionable logic directly on your chart for enhanced decision-making. Use it as a core part of your TradingView toolkit for options-focused market views.
Indicateur Pine Script®
par ASHISH_MAROTKAR
GCM Bull Bear RiderGCM Bull Bear Rider (GCM BBR) Your Ultimate Trend-Riding Companion GCM Bull Bear Rider is a comprehensive, all-in-one trend analysis tool designed to eliminate guesswork and provide a crystal-clear view of market direction. By leveraging a highly responsive Jurik Moving Average (JMA), this indicator not only identifies bullish and bearish trends with precision but also tracks their performance in real-time, helping you ride the waves of momentum from start to finish. Whether you are a scalper, day trader, or swing trader, the GCM BBR adapts to your style, offering a clean, intuitive, and powerful visual guide to the market's pulse. Key Features JMA-Powered Trend Lines (UTPL & DTPL): The core of the indicator. A green "Up Trend Period Line" (UTPL) appears when the JMA's slope turns positive (buyers are in control), and a red "Down Trend Period Line" (DTPL) appears when the slope turns negative (sellers are in control). The JMA is used for its low lag and superior smoothing, giving you timely and reliable trend signals. Live Profit Tracking Labels: This is the standout feature. As soon as a trend period begins, a label appears showing the real-time profit (P:) from the trend's starting price. This label moves with the trend, giving you instant feedback on its performance and helping you make informed trade management decisions. Historical Performance Analysis: The profit labels remain on the chart for completed trends, allowing you to instantly review past performance. See at a glance which trends were profitable and which were not, aiding in strategy refinement and backtesting. Automatic Chart Decluttering: To keep your chart clean and focused on significant moves, the indicator automatically removes the historical profit label for any trend that fails to achieve a minimum profit threshold (default is 0.5 points). Dual-Ribbon Momentum System: JMA / Short EMA Ribbon: Visualizes short-term momentum. A green fill indicates immediate bullish strength, while a red fill shows bearish pressure. Short EMA / Long EMA Ribbon: Acts as a long-term trend filter, providing broader market context for your decisions. "GCM Hunt" Entry Signals: The indicator includes optional pullback entry signals (green and red triangles). These appear when the price pulls back to a key moving average and then recovers in the direction of the primary trend, offering high-probability entry opportunities. How to Use Identify the Trend: Look for the appearance of a solid green line (UTPL) for a bullish bias or a solid red line (DTPL) for a bearish bias. Use the wider EMA ribbon for macro trend confirmation. Time Your Entry: For aggressive entries, you can enter as soon as a new trend line appears. For more conservative entries, wait for a "GCM Hunt" triangle signal, which confirms a successful pullback. Ride the Trend & Manage Your Trade: The moving profit label (P:) is your guide. As long as the trend line continues and the profit is increasing, you can confidently stay in the trade. A flattening JMA or a decreasing profit value can signal that the trend is losing steam. Focus Your Strategy: Use the Display Mode setting to switch between "Buyers Only," "Sellers Only," or both. This allows you to completely hide opposing signals and focus solely on long or short opportunities. Core Settings Display Mode: The master switch. Choose to see visuals for "Buyers & Sellers," "Buyers Only," or "Sellers Only." JMA Settings (Length, Phase): Fine-tune the responsiveness of the core JMA engine. EMA Settings (Long, Short): Adjust the lengths of the moving averages that define the ribbons and "Hunt" signals. Label Offset (ATR Multiplier): Customize the gap between the trend lines and the profit labels to avoid overlap with candles. Filters (EMA, RSI, ATR, Strong Candle): Enable or disable various confirmation filters to strengthen the "Hunt" entry signals according to your risk tolerance. Add the GCM Bull Bear Rider to your chart today and transform the way you see and trade the trend! ENJOY
Indicateur Pine Script®
par uniGram
Bullish/Bearish Body StrengthThis indicator analyzes candlestick body sizes to measure bullish versus bearish strength over a specified period. Here's what it does: Features: - Measures and totals the body sizes of bullish and bearish candles over your chosen lookback period - Shows the total bullish and bearish body measurements as separate plots - Calculates and displays a bull/bear ratio (bullish total divided by bearish total) - Shows the difference between bullish and bearish totals - Colors the background based on bullish (green) or bearish (red) dominance - Includes an information table with current values and signals Customization Options: - Lookback Period: Set how many bars to analyze (default: 14) - Normalize by ATR: Option to normalize body sizes by the Average True Range for more consistent measurement across different volatility periods - Smoothing Period: Apply smoothing to the ratio and difference values - Display Options: Toggle for showing the bull/bear ratio and bull-bear difference How to Use: 1. Add the indicator to your chart in TradingView 2. Adjust the lookback period to fit your trading timeframe 3. Watch for: - When bullish bodies significantly outweigh bearish ones (green dominance) - When bearish bodies significantly outweigh bullish ones (red dominance) - Ratio values above 2 (strong bullish signal) or below 0.5 (strong bearish signal) The indicator provides both visual cues and numerical data to help identify periods of bullish or bearish momentum based on actual price movement rather than just candle count.
Indicateur Pine Script®
par xCHEOx
Smart Money Index + True Strength IndexThe Smart Money Index + True Strength Index indicator is a combination of two popular technical analysis indicators: the Smart Money Index (SMI) and the True Strength Index (TSI). This combined indicator helps traders identify potential entry points for long and short positions based on signals from both indexes. Main Components: Smart Money Index (SMI): The SMI measures the difference between the closing and opening price of a candle multiplied by the trading volume over a certain period of time. This allows you to assess the activity of large players ("smart money") in the market. If the SMI value is above a certain threshold (smiThreshold), it may indicate a bullish trend, and if lower, it may indicate a bearish trend. True Strength Index (TSI): The TSI is an oscillator that measures the strength of a trend by comparing the price change of the current bar with the previous bar. It uses two exponential moving averages (EMAS) to smooth the data. TSI values can fluctuate around zero, with values above the overbought level indicating a possible downward correction, and values below the oversold level signaling a possible upward correction. Parameters: SMI Length: Defines the number of candles used to calculate the average SMI value. The default value is 14. SMI Threshold: A threshold value that is used to determine a buy or sell signal. The default value is 0. Length of the first TSI smoothing (tsiLength1): The length of the first EMA for calculating TSI. The default value is 25. Second TSI smoothing length (tsiLength2): The length of the second EMA for additional smoothing of TSI values. The default value is 13. TSI Overbought level: The level at which the market is considered to be overbought. The default value is 25. Oversold level TSI: The level at which it is considered that the market is in an oversold state. The default value is -25. Logic of operation: SMI calculation: First, the difference between the closing and opening price of each candle (close - open) is calculated. This difference is then multiplied by the trading volume. The resulting product is averaged using a simple moving average (SMA) over a specified period (smiLength). Calculation of TSI: The price change relative to the previous bar is calculated (close - close ). The first EMA with the length tsiLength1 is applied. Next, a second EMA with a length of tsiLength2 is applied to obtain the final TSI value. The absolute value of price changes is calculated in the same way, and two emas are also applied. The final TSI index is calculated as the ratio of these two values multiplied by 100. Graphical representation: The SMI and TSI lines are plotted on the graph along with their respective thresholds. For SMI, the line is drawn in orange, and the threshold level is dotted in gray. For the TSI, the line is plotted in blue, the overbought and oversold levels are indicated by red and green dotted lines, respectively. Conditions for buy/sell signals: A buy (long) signal is generated when: SMI is greater than the threshold (smi > smiThreshold) TSI crosses the oversold level from bottom to top (ta.crossover(tsi, oversold)). A sell (short) signal is generated when: SMI is less than the threshold (smi < smiThreshold) TSI crosses the overbought level from top to bottom (ta.crossunder(tsi, overbought)). Signal display: When the conditions for a long or short are met, labels labeled "LONG" or "SHORT" appear on the chart. The label for the long is located under the candle and is colored green, and for the short it is above the candle and is colored red. Notification generation: The indicator also supports notifications via the TradingView platform. Notifications are sent when conditions arise for a long or short position. This combined indicator provides the trader with the opportunity to use both SMI and TSI signals simultaneously, which can improve the accuracy of trading decisions.
Indicateur Pine Script®
par Zdorman
3
Johnny's Volatility-Driven Trend Identifier w/ Reversal SignalsJohnny's Volatility-Driven Trend Identifier w/ Reversal Signals is designed to identify high-probability trend shifts and reversals by incorporating volatility, momentum, and impulse-based filtering. It is specifically built for traders who want to capture strong trend movements while minimizing false signals caused by low volatility noise. By leveraging Rate of Change (ROC), Relative Strength Index (RSI), and Average True Range (ATR)-based volatility detection, the indicator dynamically adapts to market conditions. It highlights breakout trends, reversals, and early signs of momentum shifts using strategically placed labels and color-coded trend visualization. Inspiration taken from Top G indicator . What This Indicator Does The Volatility-Driven Trend Identifier works by: Measuring Market Extremes & Momentum: Uses ROC normalization with standard deviation to identify impulse moves in price action. Implements RSI filtering to determine overbought/oversold conditions that validate trend strength. Utilizes ATR-based volatility tracking to ensure signals only appear when meaningful market movements are occurring. Identifying Key Trend Events: Power Peak (🔥): Marks a confirmed strong downtrend, ideal for shorting opportunities. Surge (🚀): Indicates a confirmed strong uptrend, signaling a potential long entry. Soft Surge (↗): Highlights a mild bullish reentry or early uptrend formation. Soft Peak (↘): Shows a mild bearish reentry or early downtrend formation. Providing Adaptive Filtering for Reliable Signals: Filters out weak trends with a volatility check, ensuring signals appear only in strong market conditions. Implements multi-level confirmation by combining trend strength metrics, preventing false breakouts. Uses gradient-based visualization to color-code market sentiment for quick interpretation. What This Indicator Signals Breakouts & Impulse Moves: 🚀🔥 The Surge (🚀) and Power Peak (🔥) labels indicate confirmed momentum breakouts, where the trend has been validated by a combination of ROC impulse, RSI confirmation, and ATR volatility filtering. These signals suggest that the market is entering a strong trend, and traders can align their entries accordingly. Early Trend Formation & Reentries: ↗ ↘ The Soft Surge (↗) and Soft Peak (↘) labels indicate areas where a trend might be forming, but is not yet fully confirmed. These signals help traders anticipate potential entries before the trend gains full strength. Volatility-Adaptive Trend Filtering: 📊 Since the indicator only activates in volatile conditions, it avoids the pitfalls of low-range choppy markets where false signals frequently occur. ATR-driven adaptive windowing allows the indicator to dynamically adjust its sensitivity based on real-time volatility conditions. How to Use This Indicator 1. Identifying High-Probability Entries Bullish Entries (Long Trades) Look for 🚀 Surge signals in an uptrend. Confirm with RSI (should be above 50 for momentum). Ensure volatility is increasing to validate the breakout. Use ↗ Soft Surge signals for early entries before the trend fully confirms. Bearish Entries (Short Trades) Look for 🔥 Power Peak signals in a downtrend. RSI should be below 50, indicating downward momentum. Volatility should be rising, ensuring market momentum is strong. Use ↘ Soft Peak signals for early entries before a full bearish confirmation. 2. Avoiding False Signals Ignore signals when the market is ranging (low ATR). Check RSI and ROC alignment to ensure trend confirmation. Use additional confluences (e.g., price action, support/resistance levels, moving averages) for enhanced accuracy. 3. Trend Confirmation & Filtering The stronger the trend, the higher the likelihood that Surge (🚀) and Power Peak (🔥) signals will continue in their direction. Soft Surge (↗) and Soft Peak (↘) act as early warning signals before major breakouts occur. What Makes This a Machine Learning-Inspired Moving Average? While this indicator is not a direct implementation of machine learning (as Pine Script lacks AI/ML capabilities), it mimics machine learning principles by adapting dynamically to market conditions using the following techniques: Adaptive Trend Selection: It does not rely on fixed moving averages but instead adapts dynamically based on volatility expansion and momentum detection. ATR-based filtering adjusts the indicator’s sensitivity to real-time conditions. Multi-Factor Confirmation (Feature Engineering Equivalent in ML): Combines ROC, RSI, and ATR in a structured way, similar to how ML models use multiple inputs to filter and classify data. Implements conditional trend recognition, ensuring that only valid signals pass through the filter. Noise Reduction with Data Smoothing: The algorithm avoids false signals by incorporating trend intensity thresholds, much like how ML models remove outliers to refine predictions. Adaptive filtering ensures that low-volatility environments do not produce misleading signals. Why Use This Indicator? ✔ Reduces False Signals: Multi-factor validation ensures only high-confidence signals are triggered. ✔ Works in All Market Conditions: Volatility-adaptive nature allows the indicator to perform well in both trending and ranging markets. ✔ Great for Swing & Intraday Trading: It helps spot momentum shifts early and allows traders to catch major market moves before they fully develop. ✔ Visually Intuitive: Color-coded trends and clear signal markers make it easy to interpret.
Indicateur Pine Script®
par JonathanLeyva
6
Bull Bear Candles with Volume ProfileUser Guide for Bull Bear Candles Indicator with Keltner Channels Author: NellyN Introduction This indicator helps identify potential bullish and bearish trends in the market by analyzing buying and selling volume over two configurable timeframes. It calculates the percentage of buying and selling volume and displays the current market condition based on two moving averages for 2 periods. Key Features • Volume Analysis : Calculates Buy and Sell Volume for two configurable timeframes (e.g., 5 min, 15 min, 15 min. and 1 hour, etc.) and displays them as percentages. • Moving Averages : Uses one Moving Average (MA) for two different time periods to identify trends (uptrend when shorter-term MA is above longer-term MA). You can also choose other Moving Average types like SMA, EMA, WMA, RMA, VWMA, or HMA. • Colored Candles : Candles are colored green for bullish conditions, red for bearish conditions, and gray for neutral conditions. • Market Condition Labels : Displays labels in table-view indicating the current market condition based on Buy and Sell Volume (Very Bullish, Very Bearish, Bullish/Bearish Retracement, Chop). • Alerts: Generates alerts for potential buy and sell signals based on indicator conditions (Note: Enable alerts in the indicator settings). • Visual Signals: Provides visual signals through colored candles and market condition labels in addition to alerts. Input Parameters • Source: Close price (default) or Heikin Ashi • Timeframe: Select the timeframe for price and volume data used in the indicator (e.g., Daily, Hourly). • Colored Candles On: Enable (True) or disable (False) coloring candles based on market conditions. • Enable Alerts: Enable (True) or disable (False) alerts for buy/sell signals. • Length of MA: Sets the length for the MAs used in trend identification (minimum 1). • Lookback Period Vol. 1 & 2: Define the timeframes used to calculate buying and selling volume and the MA calculation (e.g., 5 min, 15 min). Understanding the Outputs • Cloud Fill: The area between two MAs is filled with a color that reflects the trend (green for uptrend, red for downtrend). • Table: Shows Buy Volume, Sell Volume, Buy Percentage, Sell Percentage, and the current Market Condition Labels. (If you decide to see them uncomment them from the code simply removing the // in front of the code) • Colored Candles and Market Condition Labels: Look for green candles and bullish labels for potential buying opportunities, and vice versa for red candles and bearish labels. Bullish green label appears when short-term MA is above long-term MA AND Buy Volume percentage is greater than 50%. Red cross for exiting long entry appears when we have bearish volume OR bearish crossover of the MA for the 2 periods. Bearish red label appears when short-term MA is below long-term MA AND Buy Volume percentage is less than 50%. Green cross for exiting short entry appears when we have bullish volume OR bullish crossover of the MA for the 2 periods. • Bullish/Bearish Retracement: The moving averages indicate a potential trend reversal, while the Buy Volume percentage suggests a continuation of the prior trend. The candle color may be green, red, or gray depending on the current price position relative to the moving averages. • Chop (Gray Candle): The moving averages are flat and the Buy Volume percentage is not significantly above or below 50%. • Buy/Sell Alerts: The indicator generates alerts based on specific conditions, but these should be used in conjunction with other trading strategies and careful risk management. Important Notes • This indicator is for informational purposes only and should not be considered financial advice. Back-test the indicator with historical data to understand its performance before using it for live trading. • Combine this indicator with other technical analysis tools.
Indicateur Pine Script®
par NellyNaneva
4
3 Confirmation BearThe "3 Confirmation Bear" indicator is designed to help traders identify strong bearish market conditions with three key confirmations: Price Below EMA15: The price trading below the 15-period Exponential Moving Average (EMA) signals bearish momentum. RSI Below a Threshold: The Relative Strength Index (RSI) is below a user-defined threshold (default: 50), confirming a lack of bullish strength and momentum favoring the downside. Downtrend Confirmation: The indicator ensures the market is in a downtrend by checking for lower highs and lower lows over a specified lookback period. Key Features: Bearish Signals: Displays a red downward-pointing label above the price bar when all three conditions are met, making bearish setups easy to identify. Customizable Inputs: Traders can adjust the EMA length, RSI threshold, and downtrend lookback period to suit their specific strategies. Versatile Application: Ideal for short entries, trend validation, or avoiding long trades during bearish conditions. How to Use: Use the "3 Confirmation Bear" indicator to: Confirm Short Trades: Enter bearish trades when the signal aligns with your strategy. Validate Trends: Ensure a clear downtrend is present before committing to a position. Filter Trades: Avoid long positions during bearish momentum. This indicator simplifies decision-making by focusing on high-probability bearish setups. Perfect for day traders, swing traders, and those seeking clear confirmation before entering a trade.
Indicateur Pine Script®
par AirianM
2
Rikki's DikFat Bull/Bear OscillatorRikki's DikFat Bull/Bear Oscillator - Trend Identification & Candle Colorization Rikki's DikFat Bull/Bear Oscillator is a powerful visual tool designed to help traders easily identify bullish and bearish trends on the chart. By analyzing market momentum using specific elements of the Commodity Channel Index (CCI) , this indicator highlights key trend reversals and continuations with color-coded candles, allowing you to quickly spot areas of opportunity. How It Works At the heart of this indicator is the Commodity Channel Index (CCI) , a popular momentum-based oscillator. The CCI measures the deviation of price from its average over a specified period (default is 30 bars). This helps identify whether the market is overbought, oversold, or trending. Here's how the indicator interprets the CCI: Bullish Trend (Green Candles) : When the market is showing signs of continued upward momentum, the candles turn green. This happens when the current CCI is less than 200 and moves from a value greater than 100 with velocity, signaling that the upward trend is still strong, and the market is likely to continue rising. Green candles indicate bullish price action , suggesting it might be a good time to look for buying opportunities or hold your current long position. Bearish Trend (Red Candles) : Conversely, when the CCI shows signs of downward momentum (both the current and previous CCI readings are negative), the candles turn red. This signals that the market is likely in a bearish trend , with downward price action expected to continue. Red candles are a visual cue to consider selling opportunities or to stay out of the market if you're risk-averse. How to Use It Bullish Market : When you see green candles, the market is in a bullish phase. This suggests that prices are moving upward, and you may want to focus on buying signals . Green candles are your visual confirmation of a strong upward trend. Bearish Market : When red candles appear, the market is in a bearish phase. This indicates that prices are moving downward, and you may want to consider selling or staying out of long positions. Red candles signal that downward pressure is likely to continue. Why It Works This indicator uses momentum to identify shifts in trend. By tracking the movement of the CCI , the oscillator detects whether the market is trending strongly or simply moving in a sideways range. The color changes in the candles help you quickly visualize where the market momentum is headed, giving you an edge in determining potential buy or sell opportunities. Clear Visual Signals : The green and red candles make it easy to follow market trends, even for beginners. Identifying Trend Continuations : The oscillator helps spot ongoing trends, whether bullish or bearish, so you can align your trades with the prevailing market direction. Quick Decision-Making : By using color-coded candles, you can instantly know whether to consider entering a long (buy) or short (sell) position without needing to dive into complex indicators. NOTES This indicator draws and colors it's own candles bodies, wicks and borders. In order to have the completed visualization of red and green trends, you may need to adjust your TradingView chart settings to turn off or otherwise modify chart candles. Conclusion With Rikki's DikFat Bull/Bear Oscillator , you have an intuitive and easy-to-read tool that helps identify bullish and bearish trends based on proven momentum indicators. Whether you’re a novice or an experienced trader, this oscillator allows you to stay in tune with the market’s direction and make more informed, confident trading decisions. Make sure to use this indicator in conjunction with your own trading strategy and risk management plan to maximize your trading potential and limit your risks.
Indicateur Pine Script®
par Midgar-
3
Price Action StrategyThe **Price Action Strategy** is a tool designed to capture potential market reversals by utilizing classic reversal candlestick patterns such as Hammer, Shooting Star, Doji, and Pin Bar near dinamic support and resistance levels. ***Note to moderators - The moving average was removed from the strategy because it was not suitable for the strategy and not participating in the entry or exit criteria. - The moving average length has been replaced/renamed by the support/resistance lenght. - The bullish engulfing and bearish engulfing patterns were also removed because in practice they were not working as entry criteria, since the candle price invariably closes far from the support/resistance level even considering the sensitivity range. There was no change in the backtest results after removing these patterns. ### Key Elements of the Strategy 1. Support and Resistance Levels - Support and resistance are pivotal price levels where the asset has previously struggled to move lower (support) or higher (resistance). These levels act as psychological barriers where buying interest (at support) or selling interest (at resistance) often increases, potentially causing price reversals. - In this strategy, support is calculated as the lowest low and resistance as the highest high over a 16-period length. When the price nears these levels, it indicates possible zones for a reversal, and the strategy looks for specific candlestick patterns to confirm an entry. 2. Candlestick Patterns - This strategy uses classic reversal patterns, including: - **Hammer**: Indicates a buy signal, suggesting rejection of lower prices. - **Shooting Star**: Suggests a sell signal, showing rejection of higher prices. - **Doji**: Reflects indecision and potential reversal. - **Pin Bar**: Represents price rejection with a long shadow, often signaling a reversal. By combining these reversal patterns with the proximity to dinamic support or resistance levels, the strategy aims to capture potential reversal movements. 3. Sensitivity Level - The sensitivity parameter adjusts the acceptable range (Default 0.018 = 1.8%) around support and resistance levels within which reversal patterns can trigger trades (i.e. the closing price of the candle must occur within the specified range defined by the sensitivity parameter). A higher sensitivity value expands this range, potentially leading to less accurate signals, as it may allow for more false positives. 4. Entry Criteria - **Buy (Long)**: A Hammer, Doji, or Pin Bar pattern near support. - **Sell (Short)**: A Shooting Star, Doji, or Pin Bar near resistance. 5. Exit criteria - Take profit = 9.5% - Stop loss = 16% 6. No Repainting - The Price Action Strategy is not subject to repainting. 7. Position Sizing by Equity and risk management - This strategy has a default configuration to operate with 35% of the equity. The stop loss is set to 16% from the entry price. This way, the strategy is putting at risk about 16% of 35% of equity, that is, around 5.6% of equity for each trade. The percentage of equity and stop loss can be adjusted by the user according to their risk management. 8. Backtest results - This strategy was subjected to deep backtest and operations in replay mode on **1000000MOGUSDT.P**, with the inclusion of transaction fees at 0.12% and slipagge of 5 ticks, and the past results have shown consistent profitability. Past results are no guarantee of future results. The strategy's backtest results may even be due to overfitting with past data. 9. Chart Visualization - Support and resistance levels are displayed as green (support) and red (resistance) lines. - Only the candlestick pattern that generated the entry signal to triger the trade is identified and labeled on the chart. During the operation, the occurrence of new Doji, Pin Bar, Hammer and Shooting Star patterns will not be demonstrated on the chart, since the exit criteria are based on percentage take profit and stop loss. Doji: Pin Bar and Doji Shooting Star and Doji Hammer 10. Default settings Chart timeframe: 20 min Moving average lenght: 16 Sensitivity: 0.018 Stop loss (%): 16 Take Profit (%): 9.5 BYBIT:1000000MOGUSDT.P
Stratégie Pine Script®
par felipemiransan
7
Bull Bear Power With EMA FilterDescription of Indicator: This Pine Script indicator colors price bars based on the open price in relation to custom moving averages (EMA/SMA), Bull/Bear Power (BBPower), and an optional VWAP filter. The bar colors help identify bullish and bearish conditions with added visual cues for price positioning relative to VWAP. Key Features: Customizable Moving Averages (EMA/SMA): The user can select between EMA or SMA for both short-term and long-term moving averages. Default moving averages are set to 5 (short-term) and 9 (long-term) but can be adjusted by the user. Bullish Condition (Blue or Purple Bars): A bar is colored blue if the following conditions are met: The open price is above both the short-term and long-term moving averages. The short-term moving average (MA 1) is above the long-term moving average (MA 2). BBPower (open price minus the 13-period EMA) is positive, indicating bullish strength. If the VWAP filter is enabled and the price opens below VWAP, the bullish bars will turn purple. Bearish Condition (Yellow or Orange Bars): A bar is colored yellow if the following conditions are met: The open price is below both the short-term and long-term moving averages. The short-term moving average (MA 1) is below the long-term moving average (MA 2). BBPower is negative or zero, indicating bearish market conditions. If the VWAP filter is enabled and the price opens above VWAP, the bearish bars will turn orange. VWAP Filter (Optional): An optional filter allows the user to add VWAP (Volume-Weighted Average Price) to the bar coloring logic. When the VWAP filter is enabled, it provides additional information about price positioning relative to VWAP, turning bullish bars purple and bearish bars orange depending on whether the price opens above or below VWAP. Usage: Bullish Trend: Look for blue or purple bars to identify potential bullish momentum. Bearish Trend: Look for yellow or orange bars to spot bearish conditions in the market. The indicator allows users to customize the length and type of moving averages (EMA or SMA), as well as decide whether to apply the VWAP filter. This indicator provides traders with clear visual signals to quickly assess the strength of bullish or bearish conditions based on the price's position relative to custom moving averages, BBPower, and VWAP, helping with trend identification and potential trade setups.
Indicateur Pine Script®
par PrestigeWorldwideTradingCo
Bulls And Bears [CHE]This Pine Script™ indicator, Bulls And Bears , aims to provide traders with potential entry points by analyzing market conditions. Here's how it works: Calculation of Maximum and Minimum Values: The script calculates the highest and lowest values based on the high, open, close, and low prices of the asset. Relative Strength Index (RSI) Condition: It evaluates whether the RSI value (with a period of 14) is above 50, indicating bullish momentum. Bullish and Bearish Conditions: Based on the calculated maximum and minimum values, along with the RSI condition, it determines bullish and bearish conditions. If the current maximum value is higher than the previous maximum and the RSI condition is met, it suggests a bullish condition. Conversely, if the current maximum value is lower than the previous maximum and the RSI condition is not met, it suggests a bearish condition. Super Smoother Function: This function is used to calculate a smoother moving average, reducing noise in the data. Input Parameters: Traders can adjust the "Length Difference" and "Length threshold" parameters to customize the indicator according to their trading preferences. Calculation of Super Smooth Moving Averages: The script calculates super smooth moving averages for both bullish and bearish conditions. Plotting: It plots the super smooth moving averages on the chart, indicating potential entry points for bullish (green) and bearish (red) conditions. Filling Areas: It fills the areas between the moving averages and the threshold line based on the conditions. Green filling represents bullish conditions, while red filling represents bearish conditions. By using this indicator, traders can potentially identify favorable entry points based on market conditions, helping them make informed trading decisions.
Indicateur Pine Script®
par chervolino
4
Engulfing [TradingFinder] Bullish & Bearish CandleStick Pattern🔵 Introduction The candlestick engulfing pattern is important pattern in technical analysis that can be observed in candlestick charts. This pattern occurs when a complete candle engulfs or "engulfs" the body of a previous candle, meaning that the body of the new candle completely covers the body of the previous candle. The candlestick engulfing pattern has two types: the bullish engulfing pattern and the bearish engulfing pattern. • Bullish Engulfing Pattern: This pattern occurs when a market candle opens with a larger and higher body than the previous market candle and completely covers the body of the previous candle. This pattern may indicate the presence of strong buying pressure and a potential change in price direction upwards. • Bearish Engulfing Pattern: This pattern occurs when a market candle opens with a larger and lower body than the previous market candle and completely covers the body of the previous candle. This pattern may indicate the presence of strong selling pressure and a potential change in price direction downwards. The candlestick engulfing pattern is usually used as a valid signal for a change in price direction in the market and can enhance a combination of crossover investments and technical analysis. However, it should always be evaluated alongside other indicators and market factors, and counter decisions should be made accordingly. 🔵 Recognition Method Correct, the candlestick engulfing pattern is one of the important patterns in technical analysis that is typically used as a strong signal for a valid change in price direction in the market. This pattern occurs when a candle (usually in the market) opens with a larger and higher (for bullish engulfing pattern) or lower (for bearish engulfing pattern) body than a previous market candle and completely covers the body of the previous candle. Example of Bullish Engulfing Pattern: • First Candle: A bearish (downward) candle with a small red body. • Second Candle: A bullish (upward) candle with a larger body that completely covers the body of the previous candle. This pattern may indicate a change in price direction from downward to upward. Example of Bearish Engulfing Pattern: • First Candle: A bullish (upward) candle with a small green body. • Second Candle: A bearish (downward) candle with a larger body that completely covers the body of the previous candle. This pattern may indicate a change in price direction from upward to downward. The most important point is that the candlestick engulfing pattern should be carefully considered and always evaluated alongside other market indicators and overall conditions. For example, the engulfing pattern near important support or resistance levels, during significant market command changes, or accompanied by other technical signals can have greater signaling power. 🟣 "Bullish Engulfing" Candle • The first candle is bullish and the second candle is bearish. • At the end of a downtrend. • The closing of the first candle is above the opening of the second candle. • The high of the first candle is higher than the high of the second candle. Optimal Condition: • The closing of the first candle is higher than the high of the second candle. • More than 80% of the first candle is bullish. 🟣 "Bearish Engulfing" Candle • The first candle is bearish and the second candle is bullish. • At the end of an uptrend. • The closing of the first candle is below the opening of the second candle. • The low of the first candle is lower than the low of the second candle. Optimal Condition: • The closing of the first candle is below the opening of the second candle. • More than 80% of the first candle is bearish. 🔵 Settings The "Engulf Filter" option allows the "Optimal Condition" to be executed and will show fewer candlesticks. 🔵 Status Off: Default mode, showing more identifications. • Green color indicates optimal "Bullish Engulfing" candles. • Red color indicates optimal "Bearish Engulfing" candles. On: By changing the default to "On," the number of identifications decreases and the optimal condition is applied. • Blue color indicates "Bullish Engulfing" candles. • Black color indicates "Bearish Engulfing" candles. 🟣 Important Note "Engulfing" candles are very useful signals in the direction of the overall trend, but we do not expect a suitable movement from "Engulfing" candles against the trend.
Indicateur Pine Script®
par TFlab
1
TrendPivotsLibrary "TrendPivots" This library provides functions to search for bullish and bearish divergences between pivots and indicators. Functions search for higher highs and lower lows, automating lines, labels and signals for technical analysis and strategies. method maxBeforeLast(id)   Method function to get the maximum price before the last, stored in an array pivotPoint.   Namespace types: pivotPoint   Parameters:      id (pivotPoint ) : (array pivotPoint) The pivotPoint array to inspect.   Returns: pivotPoint method minBeforeLast(id)   Method function to get the minimum price before the last, stored in an array pivotPoint.   Namespace types: pivotPoint   Parameters:      id (pivotPoint ) : (array pivotPoint) The pivotPoint array to inspect.   Returns: pivotPoint method pivotLine(id, a, b, color)   Sets the coordinates of a given line using two pivotPoint variables.   Namespace types: series line   Parameters:      id (line) : (line) Existing line      a (pivotPoint) : (pivotPoint) First pivotPoint.      b (pivotPoint) : (pivotPoint) Second pivotPoint.      color (color) : (color) The desired color. Default is red.   Returns: void bearishDivergence(pivotArray)   Look for bearish divergence in a pivotPoint array cointaining pivot highs.   Parameters:      pivotArray (pivotPoint ) : (array pivotPoint) The pivotPoint array to inspect.   Returns: bool True if bearish divergence was found. bullishDivergence(pivotArray)   Look for bullish divergence in a pivotPoint array cointaining pivot lows.   Parameters:      pivotArray (pivotPoint ) : (array pivotPoint) The pivotPoint array to inspect.   Returns: bool True if bullish divergence was found. uptrendPivot(leftBars, rightBars, indicator, reset, plotLabel, plotLine)   Detects higher highs, higher lows and bearish divergence in an uptrend. Creates a line when bearish divergence is found, and labels.   Parameters:      leftBars (int) : (int)      rightBars (int) : (int)      indicator (float) : (float) RSI, MACD or other value.      reset (bool) : (bool) A bool variable to reinitiates the pivot computation, such as time changes, crossovers, or another.      plotLabel (bool) : (bool) If true (default), plots labels to higher highs and for each pivot low. Default = true.      plotLine (bool) : (bool) If true (default), plots a line linking the lower lows with divergence. Default = true.   Returns: downtrendPivot(leftBars, rightBars, indicator, reset, plotLabel, plotLine)   Detects lower lows, lower highs, and bullish divergence in a downtrend. Creates a line when bullish divergence is found, and labels.   Parameters:      leftBars (int) : (int)      rightBars (int) : (int)      indicator (float) : (float) RSI, MACD or other value.      reset (bool) : (bool) A bool variable to reinitiates the pivot computation, such as time changes, crossovers, or another.      plotLabel (bool) : (bool) If true (default), plots labels to lower lows, and for each pivot low.      plotLine (bool) : (bool) If true (default), plots a line linking the lower lows with divergence. Default = true.   Returns: pivotPoint   The coordinates of a pivot point and corresponding indicator value.   Fields:      x (series int) : (int) Time.      y (series float) : (float) Price.      indicator (series float) : (float) Indicator value.
Bibliothèque Pine Script®
par metacamaleo
1
No Wick Bull/Bear Candlesticks with Arrow premiumNo Wick Bull/Bear Candlesticks with Arrow premium This script is for a custom trading indicator called "No Wick Bull/Bear Candlesticks with Arrow premium" developed by ClearTradingMind. It is designed for use with trading platforms that support scripting, such as TradingView. This indicator combines several technical analysis tools to help traders identify potential buy and sell signals in a financial market. Key Components of the Indicator: Moving Average (MA): The script allows users to select from various types of moving averages (SMA, EMA, HMA, etc.), which smooth out price data to identify trends. Users can set the length and type of the moving average. Upper and Lower Bands: These bands are set at a specified deviation percentage above and below the chosen moving average. They help in identifying overbought and oversold conditions. No Wick Bull/Bear Candlestick Identification: Bullish Condition: A bullish candlestick is identified when the closing price is higher than the opening price, the low equals the open, and the close is above the moving average. Bearish Condition: A bearish candlestick is identified when the closing price is lower than the opening price, the high equals the open, and the close is below the moving average. No Wick: These conditions also imply that the candlesticks have no wicks, suggesting strong buying or selling pressure. Arrows for Trading Signals: No lower wick bull bar No upper wick bear bar When a bullish condition is met, a green upward-pointing triangle is plotted below the candlestick, indicating a potential buy signal. When a bearish condition is met, a red downward-pointing triangle is plotted above the candlestick, indicating a potential sell signal. EMA 20: An additional Exponential Moving Average with a length of 20 periods is plotted for further trend analysis. Background Color Changes: The script changes the background color to blue if the EMA 20 is above the upper band, and to red if it is below the lower band, providing visual cues about the market trend. How It Works: Traders can input their preferences for the moving average type and length, source of the MA (like closing prices), and the deviation percentage for the bands. The script then calculates the moving average, upper and lower bands, and checks for bullish or bearish candlestick conditions without wicks. When such conditions are met, it plots arrows to suggest buy or sell signals. The EMA 20 and background color changes offer additional trend information. Usage: This indicator is particularly useful in markets with clear trends. The no wick bull/bear candlesticks indicate strong buying or selling pressure, and the arrows provide clear visual signals for traders to consider entering or exiting positions. As with all trading indicators, it's recommended to use this tool in conjunction with other forms of analysis to confirm trading signals.
Indicateur Pine Script®
par ClearTradingMind
1
10x Bull Vs. Bear VP Intraday Sessions [Kioseff Trading]Hello! This script "10x Bull Vs. Bear VP Intraday Sessions" lets the user configure up to 10 session ranges for Bull Vs. Bear volume profiles! Features Up To 10 Fixed Ranges! Volume Profile Anchored to Fixed Range Delta Ladder Anchored to Range Bull vs Bear Profiles! Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area Lines for Bull Profiles and Bear Profiles Configurable Value Area Target Up to 2000 Profile Rows per Visible Range Stylistic Options for Profiles This script generates Bull vs. Bear volume profiles for up to 10 fixed ranges! Up to 2000 volume profile levels (price levels) Can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of volume at price and volume delta. Bull vs Bear Profiles The image above shows primary functionality! Green profiles = buying volume Red profiles = selling volume All colors are configurable. Bullish & bearish POC + value areas for each fixed range are displayable! That’s about it :D This indicator is part of a series titled “Bull vs. Bear”. If you have any suggestions please feel free to share!
Indicateur Pine Script®
par KioseffTrading
16
Bull Vs Bear Visible Range VP [Kioseff Trading]Hello! This Script “Bull vs Bear Visible Range VP” Calculates Bull & Bear Volume Profiles for the Visible Range Alongside a Delta Ladder for the Visible Period! Features Volume Profile Anchored to Visible Range Delta Ladder Anchored to Visible Range Bull vs Bear Profiles! Standard Poc and Value Area Lines, in Addition to Separated POCs and Value Area Lines for Bull Profiles and Bear Profiles Configurable Value Area Target Curved Profiles Up to 9999 Profile Rows per Visible Range Stylistic Options for Profiles This Script Generates Bull vs. Bear Volume Profiles for the Visible Range! Up to 9999 Volume Profile Levels (Price Levels) Can Be Calculated for Each Profile, Thanks to the New Polyline Feature, Allowing For Less Aggregation / More Precision of Volume at Price and Volume Delta. Bull vs Bear Profiles The Image Above Shows Primary Functionality! Green Profiles = Buying Volume Red Profiles = Selling Volume Bullish & Bearish Pocs for the Visible Range Are Displayable! Profiles Can Be Anchored on the Left Side for a More Traditional Look. The indicator is robust enough to calculate on "small price periods", or for a price period spanning your entire chart fully zoomed out! That’s About It :D This Indicator Is Part of a Series Titled “Bull vs. Bear” - A Suite of Profile-Like Indicators I Will Be Releasing Over Coming Days. Thanks for Checking This Out! If You Have Any Suggestions Please Feel Free to Share!
Indicateur Pine Script®
par KioseffTrading
11
Zaree - Bull & Bear Volume VoidThe "Zaree - Bull & Bear Volume Void" (BBVV) indicator is a versatile tool designed to help traders assess the dynamics of bull and bear power in the market, with a focus on volume-based analysis. This indicator offers a range of features that aid in identifying potential shifts in market sentiment and strength. Details of the Indicator: Volume Void Color Settings: This indicator allows you to customize the colors used for different conditions, such as strong bull areas, slowing bull areas, strong bear areas, and slowing bear areas. These colors play a crucial role in visualizing the indicator's output. Volume Void Settings: The BBVV indicator provides options for selecting specific volume void functions, which include "Relative Volume Comparison," "Percentage of Average Volume," "Fixed Volume Threshold," "Volatility-Adjusted Volume," "Compare to Previous Volume Bars," "Volume Percentile Rank," and "Market Session Comparison." Each function has its own criteria for evaluating volume conditions. Void Bull Sensitivity and Void Bear Sensitivity: These are key parameters in the settings. The values you choose for void bull sensitivity and void bear sensitivity will significantly impact the background color displayed by the indicator. Properly configuring these values is crucial for the indicator's effectiveness. Moving Average Settings: You can specify the source and length of moving averages used in the indicator. This helps in smoothing out data and providing a clearer picture of bull and bear power. Void Color Background Conditions: The indicator dynamically changes the background color of the chart based on the current market conditions. It takes into account bull and bear power, as well as the configured sensitivity levels to determine whether the market is in a strong or slowing bull/bear phase. MACD and Signal Lines: The indicator also displays MACD and signal lines on the chart, helping traders identify potential bullish and bearish crossovers. Histogram Bars: Histogram bars are used to represent the strength of bull and bear power. Above-zero bars indicate bullish strength, while below-zero bars indicate bearish strength. How to Use the Indicator: Begin by customizing the color settings for different market conditions to your preference. Select a volume void function that aligns with your trading strategy and objectives. Configure the void bull sensitivity and void bear sensitivity values carefully. These values should reflect your desired sensitivity to volume conditions. Choose the source and length of moving averages based on your analysis requirements. Pay attention to the background color of the chart. It will change dynamically based on the current market conditions, providing insights into the strength of bull and bear power. Observe the MACD and signal lines for potential bullish or bearish crossovers, which can be used as additional confirmation signals. Interpret the histogram bars to gauge the strength of bull and bear power. Example of Usage: As a swing trader with a focus on volume analysis, you can use the BBVV indicator to enhance your trading decisions. Here's an example of how you might use the indicator: Select "Relative Volume Comparison" as the volume void function to assess volume relative to a simple moving average. Configure void bull sensitivity and void bear sensitivity to match your risk tolerance and trading style. Choose "SMA" as the moving average type with a suitable length. Pay attention to the background color changes in the chart. Strong bull areas may indicate potential bullish opportunities, while strong bear areas may signal bearish conditions. Monitor the MACD and signal lines for potential crossovers, aligning them with the background color to validate your trading decisions. Use the histogram bars to assess the strength of bull and bear power, helping you gauge market sentiment. Remember that the BBVV indicator is a valuable tool to complement your trading strategy. It provides insights into volume dynamics and market conditions, allowing you to make informed trading choices. Be sure to adjust the indicator settings according to your trading preferences and always consider the broader market context in your analysis.
Indicateur Pine Script®
par ZareeTrading
4
FOREX MASTER PATTERN Companion ToolWhat This Indicator Does The Forex Master Pattern uses candlesticks, which provide more information than line, OHLC or area charts. For this reason, candlestick patterns are a useful tool for gauging price movements on all time frames. While there are many candlestick patterns, there is one which is particularly useful... The Engulfing Pattern An engulfing pattern provides an excellent trading opportunity because it can be easily spotted and the price action indicates a strong and immediate change in direction. In a downtrend, an up candle real body will completely engulf the prior down candle real body (bullish engulfing). In an uptrend a down candle real body will completely engulf the prior up candle real body (bearish engulfing). Used in conjunction with the FOREX Master Pattern value line, the Engulfing Pattern can assist the trader with reversal timing or trend confirmation during the expansion and trend phases. As shown in the screenshot below. Engulfing Candles usually precede a sharp move in price in the direction of the engulfing candle. As shown in the screenshot below, when the Show Lines option is ON while using the indicator, both red and green lines are drawn on the chart automatically when engulfing candles form. These lines are projected forward 100 bars and tend to be reliable support and resistance areas. These areas are typically hidden from view. In addition to the Show Lines option, the indicator (by default) creates boxes around trading zones that are created when an engulfing candle is formed. (There is an option to hide these from view if desired). As seen in the screenshot below, these areas / zones are wider than a line and encompass a resistance / support zone rather than a specific price. Liquidity is usually high in these areas and a lot of selling / buying occurs here. These zones are drawn in advance out into the future giving the trader an idea of where price will revert to eventually. A combination of LINES and AREAS can be used giving the user a better idea of where within the zone price will go. As seen on the screenshot below, this combination provides a pretty accurate indication of the reversal point well in advance. As seen in the screenshot below, when a ZONE / AREA has been fully breached (crossed) by price, the area is deactivated an no longer continues forward on the chart. Until price breaches an area, it remains valid and continues on the chart until and only if it is breached by price. The Indicator is fully customizable. The use can change the color of the engulfing candles, the color of the zones, transparency etc. You can turn OFF or ON any of the features such as lines, zones, bar coloring, and plotted arrows. I really hope you get value from this indicator and... HAPPY TRADING!!
Indicateur Pine Script®
par nnamdert
15
Tilson Bull-Bear-MarkerThe Tilson Bull-Bear marker is using 2 Tilson moving averages and their divergence to identify bull and bear trends and reversals (potential entry or exit points). How to use it: Fast T3 (thick line) above thin line / solid blue fill color = ongoing bull trend Slow T3 (thin line) above thick line / solid red fill color = ongoing bear trend Shrinking or expanding divergence between the lines = trend is getting hotter or cooling down Fast T3 (thick line) changes color from blue to red = potential trend reversal from bullish to bearish Fast T3 (thick line) changes color from red to blue = potential trend reversal from bearish to bullish (No financial advise, for testing purposes only)
Indicateur Pine Script®
par Lantzwat
5
Infiten's Adjusted Bull-Bear Power Oscillator An extension of TradingView's new ADR and bull-bear power indicators, this indicator is helpful for spotting abnormal bullish and bearish activity to get good contrarian entry points. How to interpret the indicator When the white columns cross over the red line, it's a bearish indicator since the asset has been overbought. When the white columns cross under the green line, it's a bullish indicator since the asset has been oversold. How it's calculated The adjusted bull-bear power oscillator is calculated by multiplying the bull-bear power indicator by my NDO indicator, to adjust the bull-bear power for volume. The upper green line and lower red line are calculated as the product of a multiplier input and the average daily range indicator.
Indicateur Pine Script®
par Scalpalytics
1
Inverse MACD + DMI Scalping with Volatility Stop (By Coinrule)This script is focused on shorting during downtrends and utilises two strength based indicators to provide confluence that the start of a short-term downtrend has occurred - catching the opportunity as soon as possible. This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to hodl this cash, or use it to reinvest when the market reaches attractive buying levels. Alternatively, you can use this when trading contracts on futures markets where there is no need to already own the underlying asset prior to shorting it. ENTRY The trading system uses the Momentum Average Convergence Divergence (MACD) indicator and the Directional Movement Index (DMI) indicator to confirm when the best time is for selling. Combining these two indicators prevents trading during uptrends and reduces the likelihood of getting stuck in a market with low volatility. The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 12-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9. The DMI indicates what way price is trending and compares prior lows and highs with two lines drawn between each - the positive directional movement line (+DI) and the negative directional movement line (-DI). The trend can be interpreted by comparing the two lines and what line is greater. When the negative DMI is greater than the positive DMI, there are more chances that the asset is trading in a sustained downtrend, and vice versa. The system will enter trades when two conditions are met: 1) The MACD histogram turns bearish. 2) When the negative DMI is greater than the positive DMI. EXIT The strategy comes with a fixed take profit combined with a volatility stop, which acts as a trailing stop to adapt to the trend's strength. Depending on your long-term confidence in the asset, you can edit the fixed take profit to be more conservative or aggressive. The position is closed when: Take-Profit Exit: +8% price decrease from entry price. OR Stop-Loss Exit: Price crosses above the volatility stop. In general, this approach suits medium to long term strategies. The backtesting for this strategy begins on 1 April 2022 to 18 July 2022 in order to demonstrate its results in a bear market. Back testing it further from the beginning of 2022 onwards further also produces good returns. Pairs that produce very strong results include SOLUSDT on the 45m timeframe, MATICUSDT on the 2h timeframe, and AVAUSDT on the 1h timeframe. Generally, the back testing suggests that it works best on the 45m/1h timeframe across most pairs. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Stratégie Pine Script®
par Coinrule
1
Momentum With Bullish & Bearish LabelMOMENTUM WITH BULLISH AND BEARISH SIGNALS This is a momentum oscillator that paints red or green depending on whether Momentum is above or below the zero line. It includes a label on the right hand side that will reflect the bullish or bearish direction of the current momentum by changing colors to red or green and text telling you Bullish or Bearish. ***HOW TO USE*** When Momentum is above zero, it is bullish. When Momentum is below zero it is bearish. A label on the right side will update in real time to tell you if momentum is Bullish or Bearish for faster recognition of the trend. When momentum is above the zero line(Bullish) but trending downward, a second label will show up in purple to notify you of a change in momentum direction. When momentum is below the zero line(Bearish) but trending upward, a second label will show up in purple to notify you of a change in momentum direction. This indicator was built to help you quickly identify the Bullish or Bearish nature of the current Momentum using colors as well as a live color changing label so you can glance at the label and understand it's direction without analyzing the indicator data. ***MARKETS*** This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex. ***TIMEFRAMES*** This momentum indicator can be used on all timeframes. ***TIPS*** Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Directional Movement Index, Volume Profile, Auto Support And Resistance and Money Flow Index in combination with this Momentum Oscillator. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Indicateur Pine Script®
par FriendOfTheTrend
6