[PX] ADX BoxesHello guys,
today I would like to share an indicator that I had in my mind for quite some time. I call it ADX Boxes.
How does it work?
What the indicator does is very simple. Whenever the ADX falls below a certain threshold (which can be managed in the user input settings) a box will appear. The box will continue to grow as long as the ADX stays below the threshold. Once the ADX goes back above the threshold, the box will stop growing and will set its right border.
There are two modes, which can be used to determine the upper and lower border of the box. The first one is called "Extremes", which plots the borders the highest high and lowest low for the range below the threshold. The second one is called "Avg. High/Low", which plots the borders at the average high and average low within the range.
Furthermore, the indicator contains an option to show the average value of the detected range below the ADX threshold.
Just like all my other indicator scripts, this one comes with different styling options for boxes in progress, settled boxes and the average value.
Hopefully, some of you find it useful.
Make sure you leave a follow and a like :)
Happy trading!!
Breakout!
Areas of Support/Resistance & BreakoutA pretty little indicator showing pivotal breakouts - that is, locating critical pivot points within price action, connecting the dots and trading the breakouts from this area!
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Useful for finding good entry levels, exit levels, areas of strong support/resistance and most importantly - the Breakout!
Includes "Bars to the Left" variable so you can shorten or lengthen the indicator as required.
Good Luck and Happy Trading!
[RS]The Breakout IndicatorSignals when there is a breakout from the trading range(donchian channel up to 300 bars back).
BRPRO TrendIndicatorBased on breakouts of the price this indicator also has filter with x bars after RSI overbought/oversell zones from settings.
It also has alerts for LONG/SHORT signals with green/red arrows. Fits for any crypto/bonds/gold/forex markets.
In script settings you can:
1) Signal lenght, 5 by default.
2) Enable/Disable filter to show signals only after RSI overbought/oversell zones
Enabled by defaults and RSI is 63 for upper zone and 33 for lower zone.
You can also specify how many bars back before current bar this filter must do. It's 5 by default, you can vary it up to 90.
3) Show/hide breakout zones disabled by default. Plots 2 red and green breakout lines on chart.
This is invite only script. PM me if you want to test it.
Moving High & Low (2 Time Frames)===========
Moving High & Low (2 Time Frames)
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A simple line set indicator displaying the highs and lows of the previous selected timeframe upon a lower timeframe chart (2 line sets available).
e.g. Displaying the Highs & Lows of the last week and/or month on the 1D chart
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Useful for 2 very different approaches to trading markets -
Finding Breakout Points:
For example - When candlestick closes above or below highs from previous week/month it may be a good time to go long as if the trend continues it may well go on for a long time making lots of pips along the way!
Finding SAR points within a range:
For example - When price starts ranging within horizontal line sets that aren't moving either way too much it may be a good idea to place long/short orders at appropriate key levels dictated by these range extremities, anticipating the price to reach these levels and deflect (Stop & Reverse) back the other way.
Either way we would recommend you NOT use this indicator alone, this is very much a confirmation tool or as an aid to find key levels of support/resistance.
Good Luck and Happy Trading!
[Zekis]Turtle Trading Donchian Price Channels StrategyOne of the most famous strategy in the history of trading, #Turtle strategy have numerous legends, one of them is using Donchian Price Channels with 55 period for entries and 20 period for exits.
Can be used with any time frame
Added alerts
I added re-entries and re-exits for more scalps or for laddering trading.
Also you can modify parameters for entries and exits for your market needs.
Trade safe!
@Zekis
Fractal Breakout StrategyFractal
A type of pattern used in technical analysis to predict a reversal in the current trend. A fractal pattern consists of five bars and is identified when the price meets the following characteristics:
1. A shift from a downtrend to an uptrend occurs when the lowest bar is located in the middle of the pattern and two bars with successively higher lows are positioned around it.
2. A shift from an uptrend to a downtrend occurs when the highest bar is located in the middle of the pattern and two bars with successively lower highs are positioned around it.
hft-breakpointwhen it's a short trend(red line),the price breakout highpoint in smaller level,it will use a stop order to long in realtime,vice versa.this strategy will perform better in 1 minute,so it trades frequently,need a low fee.
Pascal's 4h Compression BreakoutThis indicator aims to identify areas of price compression, by looking for two consecutive "inside candles" on the 4h chart.
An inside candle is simply when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low.
Once price compression is identified, the indicator draws a range based on the highest high and the lowest low of the two inside candles.
1) A break above the range is bullish.
2) A break below the range is bearish.
The script ALSO paints candles in blue that are likely to become strong horizontal S/R levels. This is, again, based on a candle pattern.
Please note:
1) This indicator is only meant to be used on BITMEX:XBTUSD (on the 4h or 1h chart).
2) You will have to apply some discretion to profitably trade with this indicator. Use SFPs and horizontal S/R levels to judge if a breakout is worth trading.
Finally, use the indicator at your own risk. I am not responsible for any losses you may incur.
My objective with this indicator g is to hopefully give you something that you can build upon, and NOT a script to blindly copy trade.
The concept of market compression is powerful. There are countless ways in which you can build a system around it.
This is just the tip of the iceberg.
Cheers.
Custom Candle BreakOut ORB with Alerts [MV]This is Indicator base on Custom Bar Breakout
Indicator Feature
You can also add alerts Long, Short, Long-side-exit, Short-side-exit
you can Change Take profit Percentage
In future, I will Enhance and update this Indicator
if you have any suggestion Mention There
Thank you :-)
ChannelsBreakoutThis script allows you to intercept price channel breakouts (Donchian channel) in a bullish perspective. Applicable both on Equities/ETFs and on Futures (Index Futures).
We open a position when closes crosses the upper channel. The trade ends with a trailing associated with a fast lower Donchian or a monetary stop loss.
It is an educational code and does not constitute a solicitation for public savings.
Reversal finderThis script is used to visually highlight candles which may signal a reversal following a false break of a support or resistance level.
Inputs are:
Lookback period: look for the highest high and the lowest low of the prior x bars.
SMA length: used for a simple moving average of the range (high minus low) of the prior x bars.
Range multiple: used to filter out signals for any bars with a range smaller than the average range of the preceding bars (determined by SMA length above) e.g. a range multiple of 2 will only show signals for bars with a range twice of that of the average range of the preceding bars.
Range threshold: used to filter signals for bars both the open and close of the bar are at the extreme end of the bar e.g. a threshold setting of 33% will only show buy signals for bars which open and close within the upper 1/3rd of the bar’s high/low range (vice versa for sell signals). This helps highlight, for example, bars with a high which exceeds resistance in a current range but which close back inside the range.
Highlight signal bars?: This will highlight bars with a buy signal in green, sell signal bars in red, and all other bars in grey. The script was designed for use with a dark background, so you will need to play around with the bar colours in the style settings to suit your preferences.
Settings used in the example chart are not the default – they are lookback: 5, SMA length: 20, range multiple: 1.2, range threshold: 33%.
Enjoy!
W5T Bias v2The Bias indicator is a sub-chart allowing the users of the main B.I.T.S (Breakout Intelligent Trading Signals Indicator) suite. This Bias indicator automatically looks at a higher time frame and indicates bullish , neutral and bearish Bias. This is respect to our 3 points of control EMA´s.
Check out our signature to learn more!
Trend Following BreakoutEasy Trend Following Strategy using Highs and Lows breakout of the last X candles to enter and exit trades.
You can easily change the ENTRY and EXIT value in order to find the best settings.
This strategy seems to be working well for $BTC and $ETH on the 4H and 1D.
I didn't play with it too much as I am testing script to trade on the 15 minutes chart with margin. This script can't do this successfully but I hope it can be helpful for what you want to achieve.
Megatrend MTF AlertsMTF version of Megatrend, my most reliable indicator for trend analysis.
It called the end of the bear market perfectly and provides early signals. Press play:
San's Candles ProThe San Trader Candles for bullish and bearish market
- Buy on breaking High of "San's Bullish Candle"
- Sell on breaking Low of "San's Bearish Candle"
Preferred Time Frame: Daily and Weekly
Renko Chart Alerts with PivotsAdd alerts to renko charts to be notified when:
new brick
brick up
brick down
direction change
direction change up
direction change down
Also shows pivots based on brick reversals. Alerts also available for:
pivot breakout
pivot high breakout
pivot low breakout
You can hide the plots for pivot high/low and breakouts in the style tab of the settings for the indicator.
To add the alerts:
add the indicator to your renko chart
click add alert
click the condition dropdown and choose Renko Alerts
you should see all the alerts there and you can add any one or more to your chart
London Breakout with MDX Trailing StopThis indicator aims to aid in using the regular London Breakout strategy, as well as improve on it by adding a trailing stop based on the Mean Deviation Index.
The London Breakout strategy (according to my personal understanding) basically sees the morning before London open as the accumulation or distribution range for large buyers or sellers, and assumes the market will break either above that mornings high or below that mornings low when they start to move price. It is mostly used to trade stock indices and forex.
This indicator plots the morning high and low for each day. The green line is the morning high, and the red line is the morning low. If price moves above the green line (the morning high) it fills that area with a green color. If price moves below the green line (the morning low) it fills that area with a red color. This makes the breakouts easy to spot.
The background color of the chart turns green when the MDX is above 0 (price is more than X times ATR above the mean) and a breakout above the morning high has occurred, and stays green until the opposite happens.
The background color of the chart turns red when the MDX is below 0 (price is more than X times ATR below the mean) and a breakout above the morning high has occurred, and stays green until the opposite happens.
The default for X above is 1.0, but this can be changed in the settings by changing "ATR Multiplier".
The background is always neutral during the morning session since the morning high and morning low are not established yet.
A trailing stop is shown when price is more than X times away from the mean and a breakout has occured. The distance is set using the MDX. The trailing stop uses a separate ATR multiplier though, to make the signal and trailing stop MDX values different, if one likes. The default ATR multiplier for the trailing stop is 1.25, but this can be changed is the settings by changing "ATR multiplier for trailing stop".
When the high or low of a candle breaks the trailing stop, it is moved further away, indicating you have been stopped out, but gives opportunity to use it if you enter again (so it doesn't just disappear).
As an added bonus, take profit levels have been added based on the mornnig range. The take profit distance is set by multiplying the range with a factor. The levels are then plotted that distance from the morning high and morning low.
MDX:
[astropark] I Love GannDear Followers,
yet another great tool! Gann was historically a great trader, who strictly followed his theory and died so rich!
Gann Fan is a great indicator: it draws a series of trendlines from important highs and lows in the chart and, as you will see from the chart itself, price action feels those trendlines, which acts as support and resistance !
Once a trendline is broken up, price tends to go upper to the next one, while the contrary happens when a trendline is broken down.
Here an example on BTCUSD:
Here an example on EURUSD:
This indicator
draws for you the Gann Fan, you don't need to do anything !
works on both cryptocurrencies, stocks and forex charts
works on every timeframe, but I suggest you to use it on high timeframes, where it's more reliable
lets you select the starting and the ending day-time from which and to which you want to see gann fans
lets you make trendlines be drawn dashed if you like, as well as you can edit their width
Range MovementRange Movement is an indicator I created to help me determine a few things:
1. the mood of the market makers and market participants
2. the price trend
What I found after creating the indicator is that it is extremely helpful in finding "EXTREME SENTIMENT" when this line has moved up dramatically and price has too, but then RgMov diverges and signals a weakening support for the stock. When Range Movement surges it reveals extreme optimism and powerful upward movement in price, which can draw in momentum investors and create a blow-off peak in price. So in this instance, RgMov is an overbought, oversold indicator.
What I also found is that when a stock is stuck in a range for a long time that RgMov will breakout FIRST to give an early indicator of the future price move to follow. This can be true for rallies or declines.
In the example I show $TSLA Tesla shares which broke out in RgMov well ahead of the stock price in October 2019. See example on chart.
What is RgMov or Range Movement?
Range Movement, aka "RgMov" is derived from open-high-low-close price data. If the market has moved up more than it has moved down during a given bar, the line will move up. Tracking the cumulative movement of the line over time creates the pattern.
You can use RgMov in many ways. Here's how I created it to be used for the daily trend in any stock or index:
Uptrend = New high over 44 days
Downtrend = New low over 44 days
As long as the trend is up on the 44-day time frame, I use shorter term (11-days, for example) oversold conditions as entry points to buy and go with the uptrend.
If the trend turns down, then I use shorter term (11-days, for example again) overbought readings to go short to trade with the downtrend.
Uber SSL Indicator [UTS]The SSL Indicator is the non-chart overlay version of the well known SSL Channel.
It is considered as a mighty breakout and trend-following indicator and also assumed as TOP 100 Forex indicator and was featured by VP of No Nonsense Forex.
General Usage
A zero-line cross (color changes as well) is assumed as ENTRY signal and the trader can open a LONG/SHORT position following the trend direction.
Such a signal is also always an EXIT signal for currently active trades
Display Style
Three different display styles are available:
Area
Histogram (default)
Line Break
Moving Averages
16 different Moving Averages are available:
ALMA (Arnaud Legoux Moving Average)
DEMA (Double Exponential Moving Average)
EMA (Exponential Moving Average)
FRAMA (Fractal Adaptive Moving Average)
HMA (Hull Moving Average)
JURIK (Jurik Moving Average)
KAMA (Kaufman Adaptive Moving Average)
Kijun (Kijun-sen / Tenkan-sen of Ichimoku)
LSMA (Least Square Moving Average)
RMA (Running Moving Average)
SMA (Simple Moving Average)
SuperSmoothed (Super Smoothed Moving Average)
TEMA (Triple Exponential Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
ZLEMA (Zero Lag Moving Average)
A freely determinable length allows for sensitivity adjustments that fits your own requirements.
Alerts
Traders can easily use the trend change signals to trigger alerts from:
Up Signal
Down Signal
Those values are > zero if a condition is triggered.
Alert condition example: "Up Signal" - "GreaterThan" - "0"
