Dynamic Period Candle Multi time frame (Accurate Highs and Lows)This indicator gives a dynamic history of the current price as a candle with optional lines on the chart, so that you can assess the current trend. I found lots of indicators that looked at the previous xx time period candle, but they then immediately switched to the new xx time candle when it started to be formed. this indicator looks back at the rolling previous time period. By putting a few of these on the chart, you can clearly see how price has been behaving over time.
I initially published an earlier version of this as 'Dynamic 4-Hour Candle (Accurate Highs and Lows)', but this new and improved version has superseded that.
Period
Multi-Timeframe Period Separators█ OVERVIEW
This indicator plots period separators for up to four higher timeframes. The separators are fully customizable and designed to work on any symbols.
█ FEATURES
Reference
You can choose to plot the separators starting from midnight 00:00 or the opening of the exchange trading session.
Timezone
You can specify to localize midnight 00:00 to the region of your liking. The timezone format conveniently requires no manual adjustment during clock changes.
█ NOTES
Scans the bar opening and closing times
The script checks the bar ` time ` and ` time_close ` to pinpoint the separators that can occur intrabar.
Tracks from the last separator
The script tracks the time elapsed since the last separator, which is useful when there is no trading activity or the market is closed. As it can result in missing bars, it plots the separator on the first available bar.
Others
The script automatically hides the separators when navigating to an equal or higher chart timeframe.
Multi Pivot (S/R) & Previous Period (OHLC)█ Multi Pivot (Support/Resistance) & Previous Period (Open/High/Low/Close)
The previous script was deleted because of a copyrighted word.
From JayRogers description.
█ Multi Pivot Selector
Allows you to set up to 3 distinct sets of pivots, each with their own resolution settings and the ability to select how many support|resistance levels are shown.
The maximum amount of S|R levels available varies with different pivot types, the options available are:
Traditional
Fibonacci
Woodie
Classic
Copyrighted word
Camarilla
Fibonacci Extended
█ Previous Period Levels
A simple but highly customisable display of previous higher time-frame OHLC values.
Customised resolution input which excludes time frames lower than 1 hour while extending the common higher reference inputs.
This script is based on JayRogers script, I only added some features so please check out his script.
I added the timeframe in the labels, in order to make it easier to differentiate when using multiple pivot set.
As well as making it possible to change the lines color of each pivot set separately.
Labels can now be displayed on each side (right, left and both) or just disabled.
The type of pivot can be shown on the right side.
Lines extension can be disabled and lines width value can be changed.
I also added another one of his script to display OHLC levels, I made similar changes.
Converted to Pine Script v5.
Previous Period Levels - X Alerts
Pivotal - Multi Pivot Selector (which was also deleted because of the copyrighted word)
Period SeparatorA useful indicator designed to display vertical line separators at specified periods, for example every hour or every 4 hours.
To use this indicator, you must be in a timeframe lower than the specified timeframe on the indicator.
I haven't found any other scripts that allow for custom time frames so I created my own :)
Let me know if you have any suggestions.
Intraday trading period indicatorI have created this indicator because I was in a need of simple indication of personal session time for my backtesting while practicing intraday Futures trading.
How it works:
1. Define your timezone.
2. Set Trading session start/end time.
3. Choose the colour you want to see your intraday session in.
Actual result: Your selected session is displayed with selected colour and within selected time period. Your are good to go.
It is not perfect for sure but it does what it needs to do and I think it is awesome.
Hope it will be useful for you and let the Profit be with you!
EMA 8/20Overlay the 8- and 20-period exponential moving averages.
Also known as an exponentially weighted moving average, the EMA gives more significance to recent periods compared to an SMA (simple moving average).
Learn more about the EMA on Investopedia
Trading range display with BoxThis script is just for reference to see the trading range.
Do not use this strategy logic, it is just Test strategy.
The trading range is colored depending on whether it is profitable or not.
You can change the color if you want.
When you declare the strategy, put (process_orders_on_close=true,calc_on_every_tick=true, max_boxes_count=500) in your script.
Then it can show you current open trading as well.
If you use switching strategy (e.g longposition to shortposition right away), it may not show you the range properly.
In that case, reduse the test period.
IT IS Repainting Reference.
If you want to see your strategy result visually,
Just copy and paste from line 22 in my script.
Good Luck everyone.
전략 거래 기간 동안을 보여주는 지표입니다.
이 지표에 쓰인 전략은 단순 테스트용 입니다. 절대 사용하지 마세요.
각 거래기간은 수익이냐 아니냐에 따라 색깔이 정해 집니다.
색깔은 여러분이 변경하실 수 있습니다.
전략을 선언부에 process_orders_on_close=true,calc_on_every_tick=true, max_boxes_count=500 을 넣으시면 현재 오픈 거래도 보실 수 있습니다.
스위칭 전략(롱에서 숏으로 바로 전환하는 전략)을 쓰시는 분들은 아마 테스트 기간을 줄이라는 경고를 받으실 수 있습니다.
이 지표는 리페이팅이 될 수 있습니다.
전략 결과를 눈으로 보고 싶으신 분들은 22번째 줄 부터 카피하시면 됩니다.
행운이 있길..
---strategy set---
default_qty_value=10
commission_value=0.04
slippage=2
Trend Dominance Multi Timeframe [Misu]█ This indicator shows the repartition of bullish and bearish trends over a certain period in multiple timeframes. It's also showing the trending direction at the time.
█ Usages:
Trend dominance is expressed with two percentages: left is downtrend and right is uptrend. Cell colors turn green if dominance is up and red if it is down.
Knowing the trend dominance allows you to have a better overview of the market conditions.
You can use it to your advantage to favor long or short trades, reversal or breakout strategies, etc.
█ Features:
> Table colors
> Instant Trend Multitimeframe
> Trend Dominance Multitimeframe
█ Parameters:
> Length: Length is used to calculate ATR.
> Atr Multiplier: A factor used to balance the impact of the ATR on the Trend Bands calculation.
> UI Settings
MTF Custom Moving AveragesThis user-friendly indicator allows up to 8 moving averages ( EMA or SMA ) from any timeframe, on any time frame. There are plenty of other MTF MA indicators, each with their own pros and cons. I wanted to make one without the cons:
- Independently set each MA to Exponential or Simple
- No preset lengths
- No preset timeframes
- Optional labels to help keep track of the period/length/type of each plot
- Clean, intuitive input layout
- More than enough MAs available to use one indicator for several use cases... just check/uncheck the ones that are relevant to each chart
Watch for death crosses on the 4hr while monitoring the "Bull Market Support band" (Weekly 21 EMA and 20 SMA ) and checking the Monthly 10 EMA for major support or resistance. Toggle between half of the available MAs for long term BTC trends and use the others for your alts. Use this one indicator to support multiple strategies.
Please leave a comment if you find it useful or have suggestions!
Inspired by the first MTF indicator I found: Weekly Moving Average by TommyTompsen.
Shade COVID PeriodA free Pine Script that shades the COVID outbreak period. Note that you can specify your own date range and shade color.
Stock Dividend Periodicityexperimental:
a basic method to evaluate stock dividend periodicity.
known issues:
* it does not adapt well to changes in periodicity, if there is a big enough change on the dividend period plan.
Ehlers Cycle Period [CC]The Cycle Period was created by John Ehlers and this is yet another version that shows how to calculate the current cycle period which is the approximate amount of days between a current peak or valley and the next peak or valley. I would not recommend this for trading since it is more for informational use only but I would try experimenting with this output to be used with another indicator as an input length. I have included strong buy and sell signals in addition to normal ones so strong signals are darker in color and normal signals are lighter in color.
Let me know if there are any other scripts you would like to see me publish!
Special Time PeriodWith this indicator, you can choose candles in the period you want on your chart.
How ?
• If your chart is 5 minutes, the duration should be greater than 5 on this indicator.
If you do not do it this way, there will be gaps in the price, it will not give the right result.
• If you want to see it in minutes, you must enter a direct numerical value. For example, to see 2 hours, you must enter the number 120. Because 2 hours is 120 minutes.
Like the warning above, if you want to plot a 2-hour chart with this indicator, a maximum of 1 hour should be selected on your main chart.
• Resolution, eg. '60' - 60 minutes, 'D' - daily, 'W' - weekly, 'M' - monthly, '5D' - 5 days, '12M' - one year, '3M' - one quarter
• For example, if you want to see the 2-day chart, you should have a maximum of 1 day chart open on your home screen and write "2D" to the indicator value.
• You will get much better results if the period on your main chart and the period on this indicator are multiples of each other.
• In the image below, the period on the main chart is 30 minutes, but the period on the indicator is 90
• Click on the facing brackets at the top right of the legend and your chart will enlarge.
Proper lookback periodThis will allow you to enter the date when the strategy should start trading. It cancels all orders if the the current bar is older than the date you entered in the input field.
Motivation: strategy(lookback) never worked for me and even if it did, it is garbage, because I want to set a date instead of number of bars. I can see on the chart clearly what period is irrelevant (in futures trading).
Example - HTF Values Without 'Security()'This is an example of how to reference higher timeframe data without the
need for a 'security()' call.
I have attempted to create the function example:
f_insecurity()
with the purpose of wrapping up and pumping out all common relevent HTF
price data that's needed for your everyday indicators in a reliable fashion.
Previous Period Levels - X Alerts====== ABOUT THIS INDICATOR
- A simple but highly customisable display of previous higher time-frame
OHLC values, drawn using line.new and label.new. Nothing fancy but...
- Customised resolution input which excludes time frames lower than 1 hour
while extending the common higher reference inputs to include:
• 6, and 12 Hour
• 5 Day
• 3, and 6 Month
• 1 Year
- Alert conditions using an adjustable SMA to help reduce false positive
spam.
- Full visual customisation options for (almost) every aspect, so it can be
tuned to suit most individual preferences.
- In line with the miriad visual customisation options is the ability to
change the display format of the Labels, to show more or less information,
or disable them altogether.
====== REASON FOR STUDY
- To practice advanced user input option handling to allow for a full visual
customisation experience without stepping outside of, or interfering with,
the intended function of the indicator.
- Provide reasonably clear code commenting and structure in order to be
useful as a potential learning aid for others, and future reference for
myself.
====== DISCLAIMER
Any trade decisions you make are entirely your own responsibility.
I've made an effort to squash all the bugs, but you never know!
[blackcat] L2 Ehlers Phase Accumulator Cycle Period MeasurerLevel: 2
Background
John F. Ehlers introuced Phase Accumulation technique of cycle period measurement in his "Rocket Science for Traders" chapter 7. It is perhaps the easiest to comprehend. In this technique, John Ehlers measures the phase at each sample by taking the arctangent of the ratio of the Quadrature component to the In-phase component. A delta phase is generated by taking the difference of the phase between successive samples. At each sample Dr. Ehlers then looks backward, adding up the delta phases. When the sum of the delta phases reaches 360 degrees (2*pi in tradingview), we must have passed through one full cycle, on average. The process is repeated for each new sample.
Function
blackcat L2 Ehlers Phase Accumulator Cycle Period Measurer is used to measure Dominant Cycle (DC). This is one of John Ehlers three major methods to measure DC. The Phase Accumulation method of cycle measurement always uses one full cycle’s worth of historical data. This is both an advantage and disadvantage. The advantage is the lag in obtaining the answer scales directly with the cycle period. That is, the measurement of a short cycle period has less lag than the measurement of a longer cycle period. However, the number of samples used in making the measurement means the averaging period is variable with cycle period. Longer averaging reduces the noise level compared to the signal. Therefore, shorter cycle periods necessarily have a higher output Signal-to-Noise Ratio (SNR).
Key Signal
Smooth --> 4 bar WMA w/ 1 bar lag
Detrender --> The amplitude response of a minimum-length HT can be improved by adjusting the filter coefficients by
trial and error. HT does not allow DC component at zero frequency for transformation. So, Detrender is used to remove DC component/ trend component.
Q1 --> Quadrature phase signal
I1 --> In-phase signal
Period --> Dominant Cycle in bars
Pros and Cons
100% John F. Ehlers definition translation of original work, even variable names are the same. This help readers who would like to use pine to read his book. If you had read his works, then you will be quite familiar with my code style.
Remarks
The 2nd script for Blackcat1402 John F. Ehlers Week publication.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Donchian Channels with offset includedThere does not seem to be an offset for most Donchian Channel scripts out there. Many trading books have an offset of 1 but most Donchian Channels out there do not for some reason. I included one in case there is a need for it.
CC - Array-meta Consolidated Interval Display (ACID)This script extends my other two Array examples (which I've also provided to you open source):
The Ticker-centric 5m,15m,45m,1h,4h,1d resolution labels using arrays:
And the more Macro VIX,GLD,TLT,QQQ,SPY,IWM 1d resolution labels using arrays:
This script aims to show how to use min/max/avg with Arrays easily. My next example after this will be exploring the usage of variance versus covariance ratios over different periodic interval resolutions. Currently, this is using the following intervals: 5m,15m,45m,1h,4h,1d. It takes these intervals, calculates the values at those resolutions and puts the absolute min and max from the 5 minute to the 1 day resolutions.
It's more of an example of the power that arrays can hold, as all this truly is right now is a min/max bound calculator. The real gem lies in the avg calculators for multiple resoltuions tied into a single label with readable data. Check out the code and let me know what you think. If you need more examples, the other two scripts I mentioned before are also open source.
Using this on intervals of less than 1D sometimes times out, the way I wrote it is memory intensive, may not work for non-pro users.
Thanks!
NONE OF THIS IS FOREWARD LOOKING STATEMENTS, THIS IS NOT A PREDECTIVE ANALYSIS TOOL. THIS IS A RESEARCH ATTEMPT AT A NOVEL INDICATOR. I am not responsible for outcomes using it.
Please use and give criticisms freely. I am experimenting with combining resolutions and comparing covariance values at different levels right now, so let me know your thoughts! The last indicator will likely not be open source, but may be depending on how complex I get.
A Deeper Look Into Security Function & Possible ImprovementsThere is a link below that further explain the purpose of this publication.
A fresh new look into the limitations of the security() function and perhaps expand our horizons on having access to more accurate data no matter from what timeframe you are on.
docs.google.com
As always, it is my desire to help the community to continue reaching new highs.
Alpha Performance of PeriodAlpha Performance of Period (PoP) produces a visualization of returns (gains and losses) over a quarterly, monthly, or annual period. It also displays the total % gain and loss over any length of days, months, and years as defined by the user.
Performance of Period (PoP) can be used to understand the performance of an asset over multiple periods using a single chart layout, and to compare the performance of different assets by using a multi-chart layout.
This can, for example, be used to compare the NASDAQ, S&P, and DJI over the past 20 years to create a dow vs. nasdaq vs. s&p performance chart. This can help you understand a comparison of historical returns by showing which performs the best month-over-month, quarter-to-quarter, year-to-year, throughout any custom period of days/months/years.
The ability to get a visualization of the % gain/loss can help to better understand how markets have performed over time and which markets have historically performed the best.
Check out the up and coming Educational Idea we will be releasing soon after this is live to see an example of how we use this tool.
Current Period Label
-----
Current Period : This label shows the current period's performance only when you hover over it.
(This label is located to the left of the current period's open candle and at the current candles close price)
TICKER "Time Period" Performance Label
-----
Total Period Gain : The total of all % gain periods from the start to end date.
Largest Period Gain : The biggest % gain period from the start to end date.
Total Period Loss : The total of all % loss periods from the start to end date.
Largest Period Loss : The biggest % loss period from the start to end date.
Total period Performance : The total % performance, the difference between the total gain and total loss.
NOTE : The "Current Period" performance is excluded from ALL five of the above-mentioned figures. This was done to avoid giving inaccurate comparison figures due to the period not being finished yet.
Inputs
-----
Current Script Version + Info : A drop-down list of instructions for the user to refer to.
Dark Mode Labels : Toggle on for Dark Mode. This is done since Labels text and background color can not be adjusted separately within the visual inputs so this is the best fit solution.
Time Period of Returns : Pick the period of performance you would like to emulate monthly/quarterly/annual.
Start Date : The day to start tracking performance.
Start Month : The month to start tracking performance.
Start Year : The year to start tracking performance.
End Date : The day to stop tracking performance.
End Month : The month to stop tracking performance.
End Year : The year to stop tracking performance.
As always if you have any feedback let us know in the comments and leave a like if you enjoy this tool :)
Week Start - Highlights the first candle of the weekSome users asked in PM about a script that highlights the start of the week. Consequently, I decided to publish it open for anyone finding it useful.
Furthermore, I will update the script soon with more useful features and customisation options.
