RSI Bands [APIDEVs]RSI BANDS:
It is an exclusive product of ApiDevs , this indicator selectively integrates a series of highly advanced algorithms that aim to provide the trader with an effective and profitable trading system, based on a series of conditions that project the price direction with a reasonable probability.
This indicator bears the name of “RSI Bands” , this is because we have based this trading system on the “Relative Strength Index (RSI)” , the strength of this indicator is centennial and we at APIDEVs have decided to focus our efforts on the development of powerful tools based on the favorite indicators of the afternoon.
WHAT IT HAS INCORPORATED:
1. Exponential Moving Average (EMAs): The RSI Bands has, by default, a band composed of two moving averages of 10 and 55 exponential periods, which can be modified in the indicator menu.
• Possibility of changing the value of the EMAs.
• Function was enabled to change the color and transparency of the bands.
• Visual alerts SHORT (L) and LONG (L) were added when there is the crossing of the EMAS.
• Hull Moving Average (HMA) of 100 periods was also incorporated, also modifiable for those who wish to strengthen their visual analysis. (Disabled by default)
• We also add an Exponential Moving Average (EMA) of 200 periods to mark the trend. (Disabled by default).
2. A TR (Average True Range): This indicator has two main functions in the RSI Bands, the first is to mark the trend of the asset and the second is to establish a margin of safety in price volatility, that is, a maximum estimate of the setbacks without this representing a change in the direction of the price.
3. RSI (Relative Strength Index): It was visually incorporated into the RSI Bands, the graph is obtained on the right side and its purpose is to visually indicate where the price is with respect to the RSI PRO+ indicator, offering the following improvements :
• ALERT SYSTEM: THE RSI PRO+ has the ADX incorporated into its algorithm, which allows establishing a filter that will provide reliable inputs, represented by the LONG (L) and SHORT (S) signals.
• FILTER AGAINST TREND: The signals described above will be activated according to the crossing of the RSI above the 50 point, provided that the ADX agrees with the market direction.
• Possibility of deactivating this graphical representation.
4. ADX (Average Directional Index): The ADX in this indicator is intended to estimate the strength of the movement, it is present in each part of the code, either to indicate the strength of the market or to serve as a filter against trend. In the same way, we apply certain exclusive improvements for this indicator:
• It was established as default values of the ADX that the Level Range was 10 and the Level Trend 25. This significantly changes the behavior of this indicator, almost completely eliminating the zone of disinterest that was usually considered.
• A function was activated to paint the sails the color of the ADX.
5. ADX Ocillator: Yes, we developed a Wave oscillator type ADX and incorporated it into this strategy. From this indicator, which we recommend using in conjunction with the RSI Bands, we extracted the LONG (L) and SHORT (S) signals. The ADX Oscillator is the improved version of the traditional ADX as it offers the following improvements:
• Its interpretation is much simpler.
• Allows you to set entry and exit signals during the trend change and during the price path.
• It has an integrated alert system.
STRATEGY PANEL:
This panel is an exclusive creation of APIDEVs , and its purpose is to parameterize five conditionals based on the indicators that make up our RSI strategy, giving the trader an immediate vision of the status of the asset analyzed considering this strategy. That is, we decided to transfer our experience of using this indicator on a panel that will project the price trajectory visually. It has the following characteristics:
• It can be placed anywhere on the screen through the main menu of the indicator, it can even be deactivated.
• It can be resized, we designed this to adapt to all types of screens, including those of mobile phones.
• It has an upper panel called "Project" which will calculate the percentage probability that the price has to take a direction based on all the indicators incorporated into the strategy. Their values range from (+ 100%) to (-100%).
STRATEGY PANEL PARAMETERS:
1. EMAs : This panel has 2 variables:
• LONG : If the fast EMA is above the slow EMA.
• SHORT : If the fast EMA is below the slow EMA.
2. RSI : This panel has 3 variables:
• LONG : The RSI should be bullish (green) and above the 50 point.
• SHORT : The RSI should be bearish (red) and be below the 50 point.
• RANK: (Range)this condition is activated when there is no concordance with the RSI condition and its crossing.
3. ATR : This panel has 2 variables:
• LONG : When the price is above the ATR.
• SHORT : When the price is below the ATR.
4. ADX: This panel has 3 variables:
• LONG : The ADX is green. That is, the DI + is above the DI-.
• SHORT : The ADX is red. That is, the DI- is above the DI +.
• RANK : ADX is below point 10.
It also has a numerical value that indicates the value of the ADX and two texts indicating the strength of the trend:
• Trend (bullish or bearish).
• Strong trend (bullish or bearish).
5. OSC : This panel has 3 variables:
• LONG : The oscillator slopes upward and the built-in ADX is green.
• SHORT : The oscillator slopes downward and the built-in ADX is red.
• RANK : The oscillator slopes downward and the built-in ADX is green and the opposite. In short, there is no coherence in the movement of the oscillator and the projection of the ADX.
Tìm kiếm tập lệnh với "algo"
Pulu's Moving AveragesPulu's Moving Averages
This script allows you to customize sets of moving averages. It is configured default as 3 Vegas tunnels + an MA12. You can re-configure it for any of your moving average studies. At the first release, it supports up to 7 moving averages, many parameters, and eight types of algorithms:
ALMA, Arnaud Legoux Moving Average
EMA, Exponential Moving Average
RMA, Adjusted exponential moving average (aka Wilder’s EMA)
SMA, Simple Moving Average
SWMA, Symmetrically-Weighted Moving Average
VWAP, Volume-Weighted Average Price
VWMA, Volume-Weighted Moving Average
WMA, Weighted Moving Average
If you are looking for only 3 moving averages, there is another script "Pulu's 3 Moving Averages".
Vigia blai5VIGÍA is the latest and current version of this weighted indicator that collects, combines and harmonizes the values of four other classic indicators: RSI, MFI, Bollinger Bands and Stochastic.
It is a 2nd Generation indicator, as it does not base its algorithm on pure price data, but on its evolution (volatility, volume differences, power variations, cycle phase ...) working from first generation indicators included and mixed in the algorithm.
With the RSI we detect current power or depletion; the MFI adds the harmonization between price and volume; Bollinger Bands warn us of positions in areas close to support and resistance, and Stochastic informs us of the favorable and unfavorable phases of its cycle. VIGÍA tries to gather all this information in a single value and signal. This is how the curve of this indicator emerges.
The layout of this curve is its own and different from that of the other four separately. But the key idea of this complex indicator is to harmonize the signals.
By "harmonizing" we mean that an exaggerated value of one of the individual indicators, being part of a set, is nuanced. On the other hand, a simultaneous good look in two or more, enhances the resulting signal making it more visible and clear for trading.
One of the main effects that I have tried to enhance in the various versions of VIGÍA is its geometry, so one of the best ways to operate the indicator is divergences, which are generally quite reliable.
But, unlike so many conventional indicators, VIGÍA allows us a relatively large number of operations, which can satisfy both lovers of the most daring techniques and those who are more prudent in their trading.
In the first place, the black line is properly the Watch Signal (SV), the soul and central element of this entire invention.
On it you will see that a red line is oscillating. It is an Exponential Average of the indicator itself (by default, value 20). It is of enormous interest for trading since the SV cuts on its Average can be taken as entry and exit signals. (To check it, you just have to check it on the history of any value or index).
But there are more elements. An important change is the transformation of fixed levels into variable trading bands. This system allows the environment to adapt to changes in the asset price, recognizing and transforming itself according to the trend or laterality phases through which it runs. The signal moves above and below a central zero value and (as always) with no extreme limits, because it is important to remember that VIGÍA is not an oscillator and that prevents it from reaching a predefined extreme and being 'keyed in'.
On the upper variable band, we enter the overload zone, in Vigía's own jargon, while under the lower variable band, the situation of the indicator is on discharge. It is interesting to observe how, precisely the crossing of these variable bands by Vigía coincides on many occasions with the fastest and most productive phase of the entire price shift, far from concepts that in this phase we should already abandon as outdated and unreliable such as "overbought" or "oversold."
The last two elements remain to be described: a timid blue dashed line and that flickering central area of color called the Astro.
The blue dashed line is named Filter. It is a much more useful element than its smooth and modest journey appears. The Filter has some really fascinating features. Notice, for example, that it is the only line that I keep in visible numerical value, to know exactly when it has a positive and negative value. In periods of laterality, it is a good ally to help us make decisions. It does more things, but that is a prize reserved for whoever pays some attention to it… :-))
We will finish by Astro. Astro is an indicator with its own personality that I designed separately, it is available independently, but I ended up incorporating it into Watcher, which also happens with the Medium Proportional Volume (MPV). Both can be presented or hidden, according to the tastes or needs of the user.
Astro is an adjustable trend indicator, a very useful little tool that will help us identify the critical points where we must consider entries or changes in position. Its default value is 8 cycles, which is a good fit for daily stocks, but I have left open the possibility of modifying its period to be able to take advantage of all its power in intraday temporalities. Once again, I invite you to DO NOT believe me, but to launch the indicator on any asset and evaluate the signals that Astro has offered on its history.
MM DON v2The orginal MM Don was the best algo we created until the V2 Came about
Based on the nnfx trading style this algorithms has many different calculations to provide the best signal and confirmations
1. Up to 3 Baselines that can change between 15 different moving averages and filter out trades for you
2 Strict feature to all baselines and higher time frame signals
3. Strategy presets for easy and best optimal settings for the asset and timeframe
4. Updated support and resistance
5. Updated alerts that send full signals to your phone
6. Updated trading "modes" from Swing to Scalp
7. Added session with strict feature to only show trades during that selected session
8. selectable candle type for easier trend detection
9. Atr risk calculator optimized for Mobile app on trading view
Buy/Sell Alarms for all the moving averages
Breakeven Alarm after tp1 hits
Entry
3 TP
ATR x1.5 Stop Loss auto generated per signal.
Also be able to set tp alarms for both buy/sell entries. so you place your trade and be alerted when your take profits have been hit.
works on all timeframes for scalpers, intraday, or even swing.
effective on binary as well.
Directions are simple
combine simple Market Structure & as long as everything matches (Buy Signal & everything is Grey + baseline is grey) (Sell Signal & everything is Red + Baseline is Red) you can enter the signal generated, exit the trade when told to exit and Manage your trade.
this was made to make trading easy and create confidence with in the trader.
Link below or PM us for access to this indicator Happy Trading
Robocan DeluxeThis script is equipped with
🔵 Robo 4
It offers strategic trading entry and exit points, so you can preserve capital before markets tumble, and take full advantage as they start to rebound. At a glance, market timing indicators tell investors whether market conditions are right or whether it’s safer on the sideline.
Truly unique tool for technical analysis for the financial market as it includes calculation of specific metrics like SAR + MACD + Price Movement.
You no longer have to worry about spending hours in front of the computer looking for a trade.You can use the indicator on every assets available on your broker.
🔵 Change Candle Color
You can change the colors depending on buy 4 and sell 4 signals. It helps traders a lot to see the direction clearly.
🔵 BB Signals
This strategy uses the MACD indicator together with the Bollinger Bands to sell when the price is above the upper Bollinger Band (and to buy when this value is below the lower band). This simple strategy only triggers when both the MACD and the Bollinger Band indicators are at the same time in a overbought or oversold condition.
Removed Upper & Lower bands & SMA20 from the charts.
To see bands, You can activate the Bollinger Bands on EngineeringRobo - not the Deluxe version.
If you are buying it with BB BUY, No need to wait for BB Sell to sell it. Vice versa.
They are not the opposite to each other. Get your profit at your target level and move on.
🔵 Ultimate MA crossover signals :
As a general guideline,the idea behind trading crossovers is that a short-term moving average above a long-term moving average is an indicator of upward momentum in a stock & crypto , and the opposite is true about a short-term average trading below a long-term average.
For this guideline to be of use, the moving average should have provided insights into trends and trend changes in the past.
Are the settings of SMA 50 & SMA 200 really the best for Golden Cross and Death Cross?
Have you ever tested ROI for MA cross strategies?
Do you think MA 20 and MA 50 are the best pair for traders?
Do you know that Exponential Moving Average ( EMA ) beats the Simple Moving Average ( SMA ) ?
In order to answer these questions we applied some brute mathematical force and tested 1830 different MA combination to find out the best pair through 50 years of data across stock / forex and 5 years of data across crypto markets . We have done the hard work and you get the benefits .
P.S. The oldest date is 1872 on SPCFD:SPX chart on tradingview . Almost 150 years of backtesting is possible from 1872 to 2020!;
🔵 Cloud Signals :
This is a strategy made from ichimoku cloud , together with MACD . Changed Ichimoku cloud formula. Based on that we have a long or a short entry.
it is an effective strategy when paired with a trailing stop loss. Removed standard line ( Kijun Sen ), turning line ( Tenkan Sen ), lagging line ( Chikou Span ) and senkou lines, added buy & sell signals. Traders can use EngineeringRobo's cloud to see the clouds on the chart.
This method doesn't work in sideways markets, only in volatile trending markets.
🔵 EMA TrendLines & Custom Moving Average
Moving averages help traders isolate the trend in a security or market, or the lack of one, and can also signal when a trend may be reversing. Two of the most common types are simple and exponential. We will look at the differences between these two moving averages, helping traders determine which one to use. Simple moving averages and the more complex exponential moving averages help visualize the trend by smoothing out price movements.
Each trader must decide which MA is better for his or her particular strategy. Many shorter-term traders use EMAs because they want to be alerted as soon as the price is moving the other way. Longer-term traders tend to rely on SMAs since these investors aren't rushing to act and prefer to be less actively engaged in their trades.
🟠50 And 200 Day Moving Average Rules
Trend reversal (downtrend to uptrend) - MA 50 crossover MA 200 from below.
Trend reversal (uptrend to downtrend) - MA 50 crossover MA 200 from above.
Weekly open –close above MA 20 ( bullish trend )
Weekly open –close below MA 50 ( Bearish trend )
Super Bullish : The candle is above MA 20 ( Daily )
Bullish : MA 50 Above MA 100 ( Daily )
Bearish : MA 50 below MA 100 ( Daily )
🔵 Fear & Greed Index
This strategy uses two unique EMA indicators in the formula.
1. Use the indicator to identify when investors are greedy.
2. Use the indicator to identify potential bottom levels
For best testing example:
This strategy finds the TOP AREA OF THE BULL MARKET AND THE BOTTOM AREA OF THE BEAR MARKET.
1. Use the indicator to identify when investors are greedy
2. Use the indicator to identify potential bottom levels
For a case study:
Open BLX Chart, pick 1D time frame, open only FEAR & Greed Index
🟢Exiting Green Area: Beginning of Bull Market🟢
🔴Exiting Red Area: Beginning of Bear Market🔴
Price crosses above red line= Entering overbought zone
Price crosses below red line= Exiting overbought zone
Price crosses below green line= Entering oversold zone
Price crosses above green line = Exiting oversold zone
BEST TIME TO SELL: When the candle is inside & exiting the Red Area
BEST TIME TO BUY: When the candle is in the Green Area
🔵 Automated Fibonacci Retracements
Automatic Fibonacci let you replace subjective manual analysis with objective automated analysis so you always get the best Fibonacci levels, this can really improve the quality of your trading decisions.
Fibonacci retracements are often used to identify the end of a correction or a counter-trend bounce. Corrections and counter-trend bounces often retrace a portion of the prior move. While short 23.6% retracements do occur, the 38.2-61.8% zone covers the most possibilities (with 50% in the middle). This zone may seem big, but it is just a reversal alert zone. One of the best ways to use the Fibonacci retracement tool is to spot potential support and resistance levels and see if they line up with Fibonacci retracement levels.
Even though Fibonacci levels are extremely popular among technical traders, one should not rely solely on Fibonacci retracement and extension levels in trading. Fibonacci tools return the best results when combined with other technical tools, such as trendlines , chart patterns, candlestick patterns, channels or technical indicators.
If you are following any Deluxe signals, you should always wait for the candle close before buying or selling.
The signal can come and go anytime during the live candle. ALL indicators do that, that is not considered repainting.
Repainting is when a signal appears, the candle is closed, and when you refresh the chart it disappeared. It is logical that until the candle is closed the signal is not decided yet, hence the alert setup as Once per bar Close.
Deluxe never repaints! Yes, you heard it right: you will never have to worry about signal changing after the candle is closed.
*** Added alarm system alerts for all signals.
________________________________________________________________________ Timeframes _____________________________________________________________________
Our recommendations to get the best results:
Swing Trading Crypto : Use 1D Time Frame Candles
Swing Trading Stocks : Use 1W Time Frame Candles
Swing Trading Commodities : Use 1W Time Frame Candles
Day Trading Crypto : Use 3H Time Frame Candles
Day Trading Stocks : Use 1D Time Frame Candles
Day Trading Commodities : Use 1D Time Frame Candles
Not recommended any other time frames.
What Is Risk-Reward Ratio RRR?
Your risk-reward ratio is how much you risk per trade, relative to how much you expect to make (reward).
When trading with Robo , you should always aim for a bigger reward compared to your risk per trade.
A good rule is only to risk 1% per trade for day traders and 5% per trade for swing trader . Robo follows strong risk management rules on the algorithm .
One of the biggest advantages of algo trading is removing human emotion from the financial markets,humans trading are susceptible to emotions that lead to irrational decisions. Robo doesn't have to think or feel good to make a trade. If conditions are met, it enters. When the trade goes the wrong way or hits a profit target, It exits. It doesn't get angry at the market or feel invincible after making a few good trades.
It gives you all the tools and information you need for day-to-day trading and investing, while also keeping a great buy and sell signals! No excuse to lose in any financial market anymore! Try now!
How can you add the algorithm into your chart?
1. Login to TradingView.com
2. From the homepage, click on ‘Chart’ in the top navigation bar
3. Select “Indicators” on the top-center-middle panel
4. In the indicator library, type "Robocan Deluxe "
5. Use the website link below to obtain access to this indicator
[blackcat] L5 Banker Fund Flow Trend Oscillator X Level: 5
Background
The large funds or banker fund are often referred to as Whale. Whale can have a significant impact on the price movements in various markets, especially in cryptocurrency . Therefore, how to monitor Whale trends is of great significance both in terms of fundamentals and technical aspects. I had published (blackcat1402) L3 Banker Fund Flow Trend Oscillator as open sourced version. Since this indicator is one of the most popular indicators in my collections. Many requested advanced features and improvements on accuracy. Here is the link of free version of L3 Banker Fund Flow Trend Oscillator:
Function
L5 Banker Fund Flow Trend Oscillator X can give you a model of complete banker fund flow operation in cycles. Compared to L3 free and open source version, it contains more advanced algorithms to provide entries. It is comprehensive to disclose the price trend with dynamic overbought and oversold tables. Compared to L4, which is also powerful, but they are using different banker fund engines. L4 is more suitable for those who have been used to L3 already. L5 is slightly different in visual effect and algorithm core, which is much different to L4 and L3. It can depict much clearer trajectory of banker fund as an oscillator. That is the reason why I list this as Level 5, which is closed source and invited-only. Unlike L4, whose cycle of banker fund flow may have 5 steps in max as entry, increase position, decrease position, exit, and weak rebound for exit, L5 only have buy and sell signal with a customized entry signal filter to filter out crowded entry signals.
This indicator derives from "(blackcat) L3 Banker Fund Flow Trend Oscillator". Therefore, it is an oscillator indicator with overbought and oversold threshold levels. However, it combine several novel indicators together but mainly focus on Whale Jump (Whale Pump and Whale Dump), Blackcat1402 featured supertrend indicator (entry signal = supertrend && oscillator signal), trading risk assessment indicator.
In case you are not familiar my indicators:
(blackcat) L5 Whales Jump Out of Ocean X:
(blackcat) L1 Trading Risk Assessment Indicator (I inverted it in this indicator here):
(blackcat) L4 Banker Fund Flow Trend Oscillator:
Indicator Set
Banker Fund Flow Trend Oscillator X, providing swing oscillator and entry signal.
Blackcat1402 Featured Supertrend, providing colors (green for bull and red for bear) on CurrentSafetyLevel of "Trading Risk Assessment Indicator".
Whales Jump Out of Ocean X, whale pumps and dumps
Trading Risk Assessment Indicator, output CurrentSafetyLevel, which is a large time frame oscillator ranging from overbought and oversold zones.
Inputs
EntryFiltPeriod --> Entry Signal Filter Period, default value is 5, which means crowded entry signal in future 5 bars will be ignored.
Safe Bottom --> User defined safe bottom threshold.
Risky Top --> User defined risky top threshold.
Oscillator Center --> define the center value of Oscillator X, which will influence long entry signal generation
Whale Scaler --> A scaling factor input to see whale dumps and pump more clearly in vision.
The other inputs --> Oscillator divergence inputs.
Golden Cross --> According to community feedbacks, popular L3 Yellow Candles for Banker Fund Entry are added Now. It is represented as a Yellow Cross and You can activate and deactivate them in indicator settings.
Dynamic OS/OB tables --> They are hidden commonly but appear only when OB or OS is happening on top right corner or bottom right corner respectively. Values are visiable for you to judge instant trend reversals.
Key Signal
Yellow bars --> Oscillator long
Fuchsia bars --> Oscillator short
Green columns --> CurrentSafetyLevel values and Supertrend long
Red columns --> CurrentSafetyLevel values and Supertrend short
Fuchsia Zone --> Overbought region
Yellow Zone --> Oversold region
Buy-Sell Labels --> "AND" output of Supertrend and Oscillator Entry Signal: Green for "Buy" and Red for "Sell".
Bull-Bear Labels --> Oscillator divergence signal: Yellow for "Bull" and Fuchsia for "Bear".
Long Whales / Banker Pump--> fuchsia and red stick bars (Motive waves with fuchsia color; corrective waves with red color)
Short Whales / Banker Dump --> yellow and red green stick bars (Motive waves with yellow color; corrective waves with green color)
Pros and Cons
Suitable for discretionary trading and auto trading with alerts.
Intuitive and effective, the output signal is more reliable after multi-indicator resonance.
Remarks
My first L5 indicator published
Closed-source
Invite-only
Subscription
500 Tradingview Coins per Monthly Sub.
500X10 Tradingview Coins per Yearly Sub.
[blackcat] L3 Automatic Trend ChannelsLevel: 3
Background
Trend channels, also sometimes called price channels or trading channels, are a popular tool in technical analysis used by investors to determine good places to buy or sell. Trend channels consist of at least two trend lines that connect the swing highs and the swing lows of a trending or a sideways moving market. It’s important to note that trend channels don’t have to be perfectly parallel lines, but more on that later!
Function
Unlike many other authors who are eager to draw automatic trend lines, I made a trade-off between trend lines based channels and moving averages. As a result, it is more clear to see the trend change and price positions with overbought and oversolder zones highlighted in fuchsia and yellow colors, respectively. Same to trend lines, there are 3 main types of trend channels.
Ascending channel or Rising channel (higher highs and higher lows, which would break out sliver color trend channel and run into fuchsia color overbought band)
Descending channel or Falling channel (lower highs and lower lows, which would break out sliver color trend channel and run into yellow color oversold band)
Sideways or horizontal channel (ranging, which will keep oscillating within silver color trend channel)
Inputs
Algo Lookback (Smaller for Less Computing Power) --> This indicator is very computing-power consuming and if you failed to load it properly and try to input a smaller integer value here.
Algo Nested Period (Smaller for Faster Response) --> This indicator is very computing-power consuming and if you failed to load it properly and try to increase the number here.
Key Signal
Silver channel --> trend channel to identify sideways.
fuchsia band --> overbought band and sell after price cross under the fuchsia lines (Note, the second crossunder is more meaningful)
yellow band --> oversold band and buy after price break out and cross over the yellow lines (Note, the second crossover is more meaningful)
Remarks
This indicator algorithm is very computing-power consuming and it may fail to load in small time frame.
This is a Level 3 free but closed source indicator.
Feedbacks are appreciated.
Simple and Sinister Scalp BotThis is a dollar cost averaging bot with additional buy algo to ensure you are buying support levels on the time period of your chart.
Signals Generated Based On
RSI
Volume
Cost Basis
Simple Moving Averages
It buys when there is a signal to buy and requires that the price is below your cost basis.
The bot is smart enough to track number of open signals and cost basis.
It features a safety shut off feature based on simple moving averages. This prevents you from opening new trades during market declines. The options are
No Filter
Safe
Safer
Safest
This does not generate a signal to sell based on an algorithm. This generates a sell signal based on your cost basis and open entries. It will not generate a sell signal unless it hit your target profit. The script will continue to DCA down until you are out of the hole. You can configure the Take Profit from the options menu.
The script generates labels in realtime and calculates current position profit and what your profit would have been if you used the bot from the start of the year with the settings set as they are in the options menu.
Authors Notes:
This was designed to work for both stocks and crypto.
Best time period to use it on varies depending on the ticker. Because it displays how much profit would be made in realtime, please adjust the settings/chart period and see what settings work best for that stock/crpto symbol. Please note that past performance does not dictate future results.
Hercules Ultimate DCA™The Problem Most People Face When Trading & Investing:
If anyone tells you they know where the market is going, they’re either lying or they’re time travelers.
The truth is NOBODY knows whether the markets will move up or down tomorrow, next week, next year, or over any period of time.
If we all knew, we’d all be rich. What would suit most Investors is to Invest consistently over long periods of time into sound financial products.
When Creating This Investing Tool We Had 5 Requirements in Mind:
1. To create a tool that ANYONE with little to no experience could use to outperform 95% of traders and speculators.
2. To ignore the Charts, Candlesticks, Indicators, and Volatility in any market so you can rest easy at night, never having to look at the price of your asset and still remain profitable.
3. To create a tool that tells you exactly HOW MUCH to invest every day or week which takes the stress away in guessing which direction the market will go.
3. To minimize your risk and and exposure to downside even if you started buying a crypto at or near the top of a market.
4. To buy a crypto at or near the bottom of every single major swing or trend.
5. To make Investing Easy, Simple, and Fun for the average joe.
We achieved that goal with the Hercules Ultimate DCA™ Tool!
WHO Created it & HOW was it Created?
This tool uses complex math and an algorithm designed by a Quantitative Military Mathematician (who wishes to remain anonymous, so we’ll call him Satoshi) over a period of 5 and a half months.
To start, we wanted to keep things simple, and extensively researched 6 of the top investing strategies of all time:
1. Buy and Hold
2. Active Investing
3. Dollar Cost Averaging
4. Index Investing
5. Growth Investing
6. Value Investing
Most of the strategies above work well depending on your goals or how risk adverse you are, however most DO NOT check off all of the requirements we mentioned above. Comprehensive home-work and price-action history in Cryptocurrency Markets led us to the Dollar Cost Averaging (DCA) Strategy.
According to Fidelity,
“Dollar Cost Averaging is a strategy where you invest your money in equal portions, at regular intervals, regardless of which direction the market or a particular investment is going. In other words, your purchases occur regardless of the changes in price for the stock or other investment, potentially helping reduce the impact of volatility on the overall purchase.”
With this in mind our High IQ math friend got to work and formulated over 17 Different Variable Algorithms on the DCA Strategy before arriving to the one we named Hercules Ultimate DCA™.
WHY the Hercules Ultimate DCA™ Works BETTER Than Anything Else.
Rigorous backtesting & forward-testing led us to create what we believe is the most effective and efficient strategy to extract the most money from the markets while at the same time minimizing nearly all the risk when investing your hard earned money in small increments in a truly effortless way.
The Hercules Ultimate DCA™ is essentially a DCA strategy put on steroids because no two investments are alike.
As we mentioned above, a traditional DCA approach assumes you purchase the same dollar amount of any asset at scheduled times, no matter where the price of your purchased asset is.
Example: If you have $1,000 dollars and decided to invest 50 dollars per week into Bitcoin, you would invest over a period of 20 weeks before you run out of money. Now, let’s assume the price of bitcoin is 50k during your first week, you would invest $50 dollars. Then next week the price rises to 60k, you would still invest $50 Dollars. The third week, if the Price of BTC rose to 70k, you would invest $50 dollars, so on and so forth. This approach is flawed because although you would still do better than many speculators and traders over a long period of time, it essentially leaves you penniless at the end of twenty weeks with no gunpowder left to buy BTC if it drops to all-time lows.
The Hercules Ultimate DCA™ works so well because it tells you to invest less as the price goes up and far more if the prices drops. What feels counterintuitive to most investors is typically what provides the most returns. Take the example above. If you have $1,000 dollars to invest weekly and Bitcoin currently sits at 50k, you would start by investing $50 dollars. Then next week, let’s say BTC rises to 60k, you would now invest $30 dollars. And your third week, BTC reaches 70k, you would now invest $10 dollars. Not only does strategy preserve your capital but it tells you to invest less into an asset at all time highs and far more into an asset at lows.
Now obviously the math in this tool is more complex, but it’s also more cost effective. At the time of writing this, the current Crypto Market has tanked from all-time-highs. Bitcoin currently sits at a price of $32,000 and is 51% down from its high of $64,900 dollars.
Just using this tool over the last 6 years, you would have invested a total of $5758.71 dollars and accumulated 4.328 Bitcoins for an average purchase of $1330.34 dollars. Your current Portfolio value would be $138,519.77 for a whopping percentage gain total of 2305%.
In other words, even with this massive crypto dump, you’d be rolling handsomely in your profits and you’d feel pretty smart too.
What’s more unique is that the Hercules Ultimate DCA™ will ALWAYS tell you to Invest More Dollars at the Literal Bottom of ANY market.
Dips in a market you believe in are far more exciting and will provide far more returns. The only way this tool fails is if the user (you) choose a market that goes to zero or is a rugpull.
How Do You Use the The Hercules Ultimate DCA™?
Step 1: Scroll to your “Invite-Only Scripts” in your indicators tab on Tradingview, then click on the indicator titled, “Hercules Ultimate DCA.”
Step 2: You should see the Indicator Populate at the Bottom of your chart with two lines, the Green line indicating how much you should buy that day, and the Blue line indicating how much of the asset you’ve purchased.
Step 3: (If you haven’t already) Make sure you turn on the Indicator Label. Navigate to the top right of the Crypto Product you would like to purchase and you will see a small settings gear. Once open, navigate on the left-hand side to the “Scales” tab and find the “Indicator Last Value Label.” Make sure it’s turned on and you will see the direct price.
Step 4: The amount you invest will now populate on the right hand side of the indicator with a number. That’s the exact dollar amount you invest in a disciplined manner no matter how large or small the number may seem.
Step 5: Get familiar with the indicator by opening the settings on the indicator itself. You will notice on the first tab it has a multiplier. If you increase it to 2, then the indicator will tell you to invest double the amount. If you input 10, then it will tell you to invest 10x the amount.
Step 6: Choose a Chart Timeframe and time of day to invest. If you choose to go with a once weekly investment then we recommend you increase your multiplier. If you choose a daily investment (and lack the necessary capital to invest large amounts daily) then we recommend keeping your multiplier down to lower numbers incase we see a lot of volatility. For most folks, once weekly on a 10x multiplier is most convenient. Set your chart to a weekly time-frame and increase your multiplier to 10. Then each week around the same time, you must invest.
Step 7: STAY DISCIPLINED. This method and tool only works if you invest the exact amount it tells you to invest over sustained periods of time.
Step 8: Enjoy Investing Made Easy 🙂
RexDog Trade System FoundationThis indicator contains the foundation indicators used when adopting the RexDog Trading System.
The RexDog Trading System uses simple rules, probability, and key areas of market reaction to reverse engineer momentum within the market. These common rules and reactions are shared across all chart types, markets, and timeframes.
The foundation of the philosophy comes from using simple indicators, probability, and rules to answer the 3 questions of trading:
Where is price coming from?
Where is price going?
How does it want to get there?
* note: you should really be asking the 2nd question first.
This indicator contains the core bias and momentum indicators that provide you an edge when adopting the system.
The general philosophy of the trading system is that there are areas in all markets where momentum will be challenged or confirmed. Using various combined elements of this indicator provides you the general ranges of price where you expect a reaction. A reaction is either a confirmation and continuation of momentum or a stall and reversal of momentum.
Another important element of the trading system is the concept of intention. Using simple rules and the elements of this indicator provide you with a general range of where you will look for the intention of future price action.
Before I describe the components of this indicator and general usage I will mention that I use the term “algo” to define all market participants—all the way from the retail trader, hedge fund, big banks, ETFs, family offices, to secret algorithms in underground bunkers we will never know about.
First up here is what is contained within this indicator:
RexDog Average with ATR bands and Extreme ATR Bands – used to define bias within the market or timeframe
3 Momentum EMAs – these are used to define short term momentum
24/9 Avg – You also have the option of having a 24/9 EMA average and an option of turning off the 24/9 EMAs. This also has a plot color change on 9EMA above 24EMA = purple, 9EMA blow 24EMA = fuchsia
2 Simple Moving Averages – 1 short for momentum confirmation and 1 long for bias confirmation
200 options - Ability to plot the 200 AVG (see line below), 200 SMA, or 200 EMA individually. Also option to plot both the 200 SMA (red) and 200 EMA (green)
200 Avg – This plot is an average of the SMA200 and the EMA200. There is also a plot color change based on EMA above SMA = Green, EMA blow SMA = Red.
vWAP – the standard vWAP is added to the foundation as it plays a dual role of confirming both momentum and bias.
Info Panel – This info panel displays the current price, percentage, and ATR of all indicators in the foundation. It also includes a AVG line as well.
* Info panel is turned off by default
Indictor with Info Panel:
Indicator and Trade System Usage and Tips
Now let’s move onto the value of this indicator, how it is unique, and its usage.
The RexDog Average with ATR Bands and ATR Extreme Bands
The RexDog Average (RDA) is a bias-moving average indicator. The purpose is to provide the overall momentum bias you should have when trading an instrument. It works across all markets and all timeframes.
Usage:
Price above the RexDog AVG = long momentum bias
Price below the RexDog AVG = short momentum bias
Under the Hood:
This is so simple most reading this will discount it. The RexDog Average has been tested across all markets—FOREX, Crypto, Equities, Futures (even tick charts), and even the Penguin population in Antarctica.
The RexDog Average is an average of 6 simple moving averages: 200, 100, 50, 24, 9, 5.
There are 2 ATR bands, one above and one below. Just as with the RexDog Average we take the 6 ATR data points (200, 100, 50, 24, 9, 5). We then create an average by dividing by 6. Then add it to the price.
These ATR bands are also used as high probability reaction points.
Exponential Moving Averages
This indictor contains 3 EMAs that are used primarily for short-term momentum.
Usage of these EMAs are not simple cross signals. While crosses of the EMAs are important and do reveal the general story of the chart and momentum in the trading system they are more used as general areas of reaction points.
If the faster EMAs are below the slower EMA then generally we would refer to the algo as being momentum short. Momentum long would be the reverse.
When you combine the EMAs with the RDA you have both momentum and bias defined or at the very least you have high probability areas where momentum will be checked and a reaction is probable.
Moving Averages
There are 2 moving averages in the system foundation.
The 5 is for short-term momentum and high volatility confirmation. The 200 is the standard 200 used in many trading systems.
The 200 MA/EMA average is used in conjunction with the RDA to confirm market bias. Also, it provides a high probability area of market reaction.
The 200 is represented as the average between the 200 simple moving average and the 200 exponential moving average.
The color change in the 200 AVG is as follows. When the 200EMA is above the 200SMA the average line is green, Red when the 200EMA is below the 200SMA.
vWAP
The standard vWAP is also used in the trade system. As most traders who refer to or use the vWAP in their trading know this indicator provides a general area of market reaction. You will often see a check-in at the vWAP for a continuation or confirmation of momentum. Also if price breaks thru the vWAP you can look at this as a breakdown of momentum and an intention of where price might want to eventually go.
Putting it all Together
Before we put it all together, I should also mention that in the trading system there are only 2 types of trades you will do:
Momentum – trades that align with the momentum of the indicator and timeframe
Fade – trades that are against one or multiple indicators and the timeframe
The general usage of this indicator comes from using these as general areas where you expect price to have a reaction.
It starts with the RDA and defining the probability of bias in the market. The general philosophy here is the market will stay in that momentum state until it doesn’t. If the momentum bias is short and the price closes above the RDA then the momentum would be considered bias long. You’re then looking for follow thru and confirmation on following candles.
With bias defined you can then start to analyze and look for areas of reaction using the other indicators in the foundation.
Simple usage is if price is bias short and below the momentum EMAs you would expect a reaction when price comes up to the general area of the EMAs. Also, if the EMAs are confirming the momentum short the best trade is to trade with momentum.
Usually in the situation where all indicators are pointing to one momentum direction there are opportunities to do fade trades. These fade trades are typically when price is extended away from the key indicators. Your expectation in these trades is that price will snap back to test momentum and have some form of reaction at a key indicator area.
Additional usage is analyzing how all elements of this indicator are positioned from one another. For instance, the further the momentum EMAs get from the RDA provides a larger probability that price will eventually want to come and test the RDA area or a lower or upper ATR band of the RDA.
The information panel provides key data points on helping with this analysis.
In closing:
Simple trading typically works. While this indicator contains what some would consider basic market indicators it’s the rules, philosophy, and probability that provide the edge. When these indicators are combined as one and looked at as a whole to define momentum, reaction, and intention in the market it can provide an edge for answering the 3 key questions in trading.
[blackcat] L5 Whale Jump Screener 12 AlertsLinkage Authorization:
When you obtain any one of the following technical indicators authorization, the other one will automatically obtain a free authorization for the same length of time:
1. L5 Whale Jump Screener 25 NoAlerts
2. L5 Whale Jump Screener 12 Alerts
Discount Authorization:
While you are authorized for any of the following technical indicators, this indicator will only need to pay 200TVC (not per month) but you obtain the authorization length as long as your longest one among all invited-only indicators .
1. L5 Whales Jump Out of Ocean X
2. L5 Zen Master
Level: 5
Background:
L5 Whale Jump Screener 12 Alerts is a screeener which is based on principle of L5 Whales Jump Out of Ocean X, but it has its own scheme to work as a screener with alerts, which can track 12 trading pairs at the same time. With this indicator, you can track target in your list with remote alerts from TV to your mobile or emails.
At beginning, I want to incorporate this function to "L5 Whale Jump Screener 25 NoAlerts". However, I found it rather difficult to make it happen. One reason is that adding alerts will further increase computing power of it so that TV will not be functional for overloaded indicators. The only way to make a screen plus alerts happen is to reduce the number of targets allowed in the screener until TV rules are in compliance. The other reason is that I found alerts were conflicting with screener function in TV system during my testing. Because if you put many trading pairs that are highly correlated into inputs of the screener indicator. Huge amount of alerts may be produced at the same time, and TV system has its own protection scheme. If too many alerts happened at the same time, it will block and stop the alert scheme immediately. Therefore, I build this one for anyone who need alert function. But, remember, make input tikerids as NOT correlated as possible to prevent TV to shut down your alert for this indicator.
Function:
By tracking multiple targets with alerts, you will own the capability to tracking multiple markets. This ability will let you know the specific situation of the unconnected market and the trading targets in time in the rotating transaction. The alert function will remind you of the current status of multiple markets via mobile phones and emails.
Inputs:
12 tickerids for your customization
Key Signal:
Long Whales / Banker Pump--> fuchsia color area with 0% transparency
Close Long Whales / Close Banker Pump--> red color area with 0% transparency
Short Whales / Banker Dump --> yellow color area with 0% transparency
Close Short Whales / Close Banker Dump --> green color area with 0% transparency
Long Waves Start--> fuchsia color area with 50% transparency
Short Waves Start --> yellow color area with 50% transparency
No Whale or Wave Signal --> gray color rea with 50% transparency
Pros and Cons:
ONLY suitable for discretionary trading, and does NOT support automatic trading system/bots with alerts.
Intuitive and effective, the output signal is more reliable after multi-indicator resonance
For who does not alert function but track more targets, you can choose anther indicator: L5 Whale Jump Screener 25 NoAlerts.
Why 12 Targets are Supported?
From the principle of TV principle, it should be possible to track up to 40 targets at the same time. However, TV has another condition that restricts server computing resources. When the two condition work at the same time, for the whale jump algorithm, the number of targets it can track at the same time will drop from 40 to about 26~27! In addition, this indicator needs to support the display function from the daily time frame to the 1min time frame. Therefore, the requirements for computing resources have further deteriorated. In the end, the maximum tracking number I obtained by compromise is 25 to ensure that this indicator can support 1min or second level normal display without report an error. Based on above fact, adding alerts will further increase computing power needed for this indicator. To prevent TV shutdown this indicator w/ alerts, only 12 tickerids are supported based on this algorithm. Also, due to quite different user scenarios between these two screeners, two versions are published for different group of traders with a linkage authorization schmeme.
Remarks:
My fourth L5 indicator published
Closed-source
Invite-only
Redeem Fee Life Lock Guarantee
Although I take the efforts to inform the script requesters that the best way to promote trading skills is to learn from the open source scripts I released by themself and to improve their PNIE script programming skills, there are still many people asking how to obtain or pay to use BLACKCAT L4/L5 private scripts. In fact, I do not encourage people to use Tradingview Coins ( TVC ) / Cryptocurrency to redeem the right to use BLACKCAT L4/L5 scripts. However, redeeming private script usage rights through TV Coins/ Cryptocurrency may be an effective way to force more people to learn PINE script programming seriously. And then I can concentrate on answering more valuable community questions instead of being overwhelmed by L4/L5 scripting permission reqeusts.
I would like to announce a ‘Redeem Fee Lock Guarantee’ program to further simplify the L4/L5 indicator/strategy utility offering and distinguish itself from the competition. ‘Redeem Fee lock guarantee’ is one of the major initiatives by BLACKCAT as a part of overall value packaging designed to guard BLACKCAT’s followers’ against cost-overruns and operational risks usually borne by them when it comes to PINE script innovation ecosystem. The TVCs redeemed for L4/L5 a follower signs up for with BLACKCAT is their guaranteed lifetime locked in TVC Quantity/ cryptocurrency, with no special conditions, exclusions and fine print whatsoever. Based on this scheme, I can constantly refine, expand, upgrade and improve PINE script publishing to ensure the very best experiences for my followers. The 'Redeem Fee Lock Guarantee' is a step in the direction of rewarding the valuable followers. NOTE: Every L4/L5 script redeeming service is ONLY limited to TVC or Cryptocurrency ("Win$ & Donate w/ This" Addresses displayed on script page) redeeming which the 1st signed up TVC Qty/ equivalent cryptocurrency is the lifetime offered TVC Qty/ equivalent crypto.
How to subscrible this indicator?
The script subscription period only has two options of one month or one year, and its price is floating. The latest price of the script subscription is proportional to the number of likes/agrees this script has already received. Therefore, the price of subscribing to this script shows an increasing trend, and the earliest subscribers can enjoy the price of lifetime lock to this script. As the number of likes / agrees of this script increases, the subscription fee for one month and one year will also increase linearly. Whatever, the first subscription price of the use will be locked for life.
Monthly subscription and annual subscription can be done either by tradingview coins ( TVC ) or by converting into equivalent cryptocurrency at the exchange rate (1TVC=0.01USD) for redeem.
TVC payment needs to pay TVC directly in the comments under this script. Every time I authorize a new user, I will update the latest number of subscribed users and latest price for next subscription under the script comment. If there are any conflicting scenario happened to the rules and my update. My updated price based on the rule will be the final price for next subscription. The following subscribers need to pay the corresponding amount of TVC or cryptocurrency in accordance with the latest number of users and price announced by me in accordance with the rules published.
TVC redemption is the method I strongly recommend, and I hope you can complete the redemption in the comment area of this script. This is like a blockchain structure, each comment is a block, each subscription is a chain, which is conducive to open and transparent publicity and traceability to avoid unnecessary disputes.
Monthly Subscription Charges
500TVC <50 Agrees (A)
50A<850TVC<100A
100A<1000TVC<150A
150A<1350TVC<200A
200A<1500TVC<250A
250A<1850TVC<300A
300A<2000TVC<350A
350A<2350TVC<400A
400A<2500TVC<450A
450A<2850TVC<500A
500A<3000TVC<550A
550A<3350TVC<600A
600A<3500TVC<650A
650A<3850TVC<700A
700A<4000TVC<750A
750A<4350TVC<800A
800A<4500TVC<850A
850A<4850TVC<900A
900A<5000TVC<950A
950A<5350TVC<1000A
1000A<5500TVC<1050A
And so on...
Annual Subscription Charges
5000TVC <50 Agrees (A)
50A<8500TVC<100A
100A<10000TVC<150A
150A<13500TVC<200A
200A<15000TVC<250A
250A<18500TVC<300A
300A<20000TVC<300A
350A<23500TVC<400A
400A<25000TVC<450A
500A<28500TVC<550A
500A<30000TVC<550A
550A<33500TVC<600A
600A<35000TVC<650A
650A<38500TVC<700A
700A<40000TVC<750A
750A<43500TVC<800A
800A<45000TVC<850A
850A<48500TVC<900A
900A<50000TVC<950A
950A<53500TVC<1000A
1000A<55000TVC<1050A
And so on...
KryptOkib Supply and Demand with AlertsAs the name suggests, this is a supply and demand indicator script with alerts that i have made based on sole price actions. I have used 3 different methods of identifying supply and demand zones and tested to make sure they work. Nonetheless some zones will fail as no strategy is 100% and some zone will fail due to other reasons.
How this works:
As a basic rule, demand and supply zones can easily be identified from the base of a drop to a rally or vice versa and the base of a rally to a new rally, hence rally base rally, drop base rally for demand zones and rally base drop and drop base drop for supply zones.
While that is true, i basically search for areas where demand/bulls overpower supply/bears and vice versa with a strong move away. So not all the base are a consideration in this script unless we see a clear sign of bulls overpowering bears, or say demand overpowering supply and bears overpowering bulls or say supply overpowering demand. Several rules has been put in place to identify and filter this out so you may have a Rally Base Drop get ignored by this indicator as it do not meet my requirement.
Once this pattern is detected by the script using either of the 3 price action methods, and then a breakout of the basing candles occurs, the indicator paints the candlestick that broke out of the range/base with a different color, which is blue for demand breakout candle, and orange for a supply breakdown candle as circled on the chart.
The algorithm makes sure that this breakout candles follow strict rules set by mean of which 1 is a very bullishly closing breakout candle for demand or a very bearishly closing candle for a supply, with a follow through candle which is the next trading period /candle.
it is strongly recommended that you wait for the close of the next candlestick before attempting to take the demand/supply zone formed as there are further calculations done on the follow through breakout candle to make sure the demand/supply is a good one, the candle might be painted before the close of the next candle but after the close, the paint will be removed due to the fact that the zone no longer meets strict criteria as defined by me.
It is also suggested that you use the alert function that comes with script and wait for the alert to come through before taking the demand if you cannot wait for the second breakout candle to close as the alert will be fired only on close of the second follow through breakout candle.
One of the strict rules is wanting to see strong bullish/bearish presence apart from the way the breakout candle closes, there are many rules to filter out ugly zones, even though some good zones get caught up in this as well.
Identification of Zones:
Demand Zone: the previous candle open or high(based on personal preference) will be the proximal, where you start to draw your demand zone and the low of the basing/ranging candles or swing low will be the distal, where you end your demand zone as seen on the chart. Stop loss goes under this.
Supply Zone: The previous candle open or low will be the proximal, where the supply zone starts and the high of the range/basing candles or swing will be the distal where the supply zone ends as seen on the chart. Stop loss goes above this
Note that some zones with a-lot of basing candles tend to fail, while some tend to work, i have not algorithmically filtered this as i prefer to examine with eyes the zones alerted to me and take the ones with lesser basing candles.
Generally, Rally Base Rally and Drop Base Drop zones are mostly weaker than the other type of zones but sometimes works perfectly.
How to use Alert Function:
- Go on the ticker you will like to set alert for
- Go on the timeframe you wish to be alerted for
- Right Click on the chart and select Add Alert or Alt + A (keyboard combination)
- Under Condition, click the arrow down and select "KryptOkib SAND"
- Under Options, select "Once Per Bar Close"
- Set Expiration and Alert Actions as you prefer.
- Click on "Create" Button
That is it.
You can repeat this process for all other tickers you wish to have alerts for and you will be notified once price movement has met the conditions outlined in the script.
This is an invite only indicator, to request access to it, kindly do the following:
- Add indicator to favorite
- Make Sure you follow me
- Send me a PM requesting access.
Once this is done and PM received, access will be granted.
Further updates will come along once there are changes to be made or new calculations to add.
Works on any market of choice.
PRIME - Krypto Kiss+CCI+VPIntroducing from Prime Academy, the experimental "KryptO Kis$" algorithm, which combines our most powerful scripts all in one indicator. Available to the user are a full options platform to adjust parameters as well as individually blind indications for precise chart analysis. The following algorithms have been utilized:
* Prime Pulse (3 Candle System) - The original impulse and momentum indication system, it take rsi and tsi data to provide users with the indication of initial impulses, as well as a yellow candle to ascertain when there is a possible change of momentum in the current impulse.
* 5 SMA - The original Sniper Cross system seen from previous strategies, using the 4, 21, 50, 185, and 800 SMA's to determine changes of trend, continuation and support levels.
*CCI Indication on Chart - The system provides realtime CCI data in correlation to price positions within the general chart matrix, receiving system variables from various crosses on the 100 to -100 scale for CCI. Bullish and Bearish indications are clearly defined by separate colors.
* Volume Profile with tags - This system provides current volume data for the current time frame and sequence, also giving available tags at prices holding high volume orders, historically and present as indicated by the difference in length of indications. color saturations indicate the intensity of volume at the price in question .
* Shadow ZoneZ - Provides Support and resistance levels using rsi overbought and over sold data, sourced on the close of previous prices. Also embedded in the code is an additional volume confluence via indications of dotted lines with prices available, giving sequence positions of "Whales" and their support and resistance levels by order volume at price.
* An added bonus of the Shadow ZoneZ is the auto trend line and trend channel function , as well as the highlighted zones of liquidity waiting to be filled from previous impulses and lack of present retracements.
Any questions can be directed here on site via Direct Message. Any feedback is welcomed, and thank you in advance. Trade Well, Family!
- Dee Prime
//Disclaimer:
//Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
//The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice.
//You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script.
//In exchange for using the script, you agree not to hold the publishing TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script.
Robust Channel [tbiktag]Introducing the Robust Channel indicator.
This indicator is based on a remarkable property of robust statistics , namely, the resistance to the presence of data points that deviate significantly from the established trend (generally speaking, outliers ). Being outlier-resistant, the Robust Channel indicator “remembers” a pre-existing trend and thus exhibits a very peculiar "lag" in case of a sharp price change. This allows high-confidence identification of such price actions as a trend reversal, range break, pullback, etc.
In the case of trending and range-bound market conditions, the price remains within the channel most of the time, fluctuating around the central line.
Technical details
The central line is calculated using the repeated median slope algorithm. For each data point in a lookback window of a user-specified Length , this method calculates the median slope of the lines that connect that point to all other points inside the window. The overall median of these median slopes is then calculated and used as an estimate of the trend slope. The algorithm is very efficient as it uses an on-the-fly procedure to update the array containing the slopes (new data pushed - old data removed).
The outer line is then calculated as the central line plus the Length -period standard deviation of the price data multiplied by a user-defined Channel Width Factor . The inner line is defined analogously below the central line.
Usage
As a stand-alone indicator, the Robust Channel can be applied similarly to the Bollinger Bands and the Keltner Channel:
A close above the outer line can be interpreted as a bullish signal and a close below the inner line as a bearish signal.
Likewise, a return to the channel from below after a break may serve as a bullish signal, while a return from above may indicate bearish sentiment.
Robust Channel can be also used to confirm chart patterns such as double tops and double bottoms.
If you like this indicator, feel free to leave your feedback in the comments below!
AustinJames: Yume Wave 2.0This is the all-access version of the Yume Wave 2.0
The wave uses the bottom, top, and mid line as resistance points. The upper limit is the resistance, the lower limit is support - and the middle line is the support when wave is above it, and resistance when wave is below it.
Check against trend lines to find the best buy/sell point based on the wave. The timeframe you select with the trendline should match the yume wave.
-----------
This is a upgraded version of the wave with modified parameters for a higher success rate. 3 New Lengths and 75 more lines of code added to the overall algorithm. Also included are 2 sublevel signals based on the Fib MA and pattern trading.
The Wave:
+ The Yume is the Fast length
+ The Akume is the Slow length
+ The Miaku is a median weighted length
+ The Upper Limit is an overbought asset indication
+ The Lower Limit is an oversold asset indication
+ The Wave is the spread between Yume and Miaku
Bullish Indications:
+ The Yume is above the Akume
+ The Yume is above the Miaku
+ The Yume is below the Lower Limit
Bearish Indications:
+ The Yume is below the Akume
+ The Yume is below the Miaku
+ The Yume is above the Upper Limit
Signal Strength Weights:
+ 50 = Yume Wave crossed a Limit Line
+ 100 = Yume Wave crossed a Limit Line + Close to a Fib Moving Average
+ 100 = Edge's Market Bottom/Top Algorithm is marked 'True'
Setting up Signals (Based on a 100 Signal Height):
+ Set the "Bull Signal" to be at 50 or 100
+ Set the "Bear Signal" to be at 50 or 100
+ 50 is Agressive, 100 is Conservative.
+ Bull/Bear are separate so you can play conservative bull with aggressive bear.
Resampling Reverse Engineering Bands [DW]This is an experimental study designed to reverse engineer price levels from centered oscillators at user defined sample rates.
This study aims to educate users on the process of oscillator reverse engineering, and to give users an alternative perspective on some of the most commonly used oscillators in the trading game.
Reverse engineering price levels from an oscillator is actually a rather simple, straightforward process.
Rather than plugging price values into a function to solve for oscillator values, we rearrange the function using some basic algebraic operations and plug in a specified oscillator value to solve for price values instead.
This process tells us what price value is needed in order for the oscillator to equal a certain value.
For example, if you wanted to know what price value would be considered “overbought” or “oversold” according to your oscillator, you can do that using this process.
In this study, the reverse engineering functions are used to calculate the price values of user defined high and low oscillator thresholds, and the price values for the oscillator center.
This allows you to visualize what prices will trigger thresholds as a sort of confidence interval, which is information that isn't inherently available when simply analyzing the oscillator directly.
This script is equipped with three reverse engineering functions to choose from for calculating the band values:
-> Reverse Relative Strength Index (RRSI)
-> Reverse Stochastic Oscillator (RStoch)
-> Reverse Commodity Channel Index (RCCI)
You can easily select the function you want to utilize from the "Band Calculation Type" dropdown tab.
These functions are specially designed to calculate at any sample rate (up to 1 bar per sample) utilizing the process of downsampling that I introduced in my Resampling Filter Pack.
The sample rate can be determined with any of these three methods:
-> BPS - Resamples based on the number of bars.
-> Interval - Resamples based on time in multiples of current charting timeframe.
-> PA - Resamples based on changes in price action by a specified size. The PA algorithm in this script is derived from my Range Filter algorithm.
The range for PA method can be sized in points, pips, ticks, % of price, ATR, average change, and absolute quantity.
Utilizing downsampled rates allows you to visualize the reverse engineered values of an oscillator calculated at larger sample scales.
This can be rather beneficial for trend analysis since lower sample rates completely remove certain levels of noise.
By default, the sample rate is set to 1 BPS, which is the same as bar-to-bar calculation. Feel free to experiment with the sample rate parameters and configure them how you like.
Custom bar colors are included as well. The color scheme is based on disparity between sources and the reverse engineered center level.
In addition, background highlights are included to indicate when price is outside the bands, thus indicating "overbought" and "oversold" conditions according to the thresholds you set.
I also included four external output variables for easy integration of signals with other scripts:
-> Trend Signals (Current Resolution Prices) - Outputs 1 for bullish and -1 for bearish based on disparity between current resolution source and the central level output.
-> Trend Signals (Resampled Prices) - Outputs 1 for bullish and -1 for bearish based on disparity between resampled source and the central level output.
-> Outside Band Signal (Current Resolution Prices) - Outputs 1 for overbought and -1 for oversold based on current resolution source being outside the bands. Returns 0 otherwise.
-> Outside Band Signal (Resampled Prices) - Outputs 1 for overbought and -1 for oversold based on resampled source being outside the bands. Returns 0 otherwise.
To use these signals with another script, simply select the corresponding external output you want to use from your script's source input dropdown tab.
Reverse engineering oscillators is a simple, yet powerful approach to incorporate into your momentum or trend analysis setup.
By incorporating projected price levels from oscillators into our analysis setups, we are able to gain valuable insights, make (potentially) smarter trading decisions, and visualize the oscillators we know and love in a totally different way.
I hope you all find this script useful and enjoyable!
Olivia Scalp - By CheTrader
This is a complex strategy for Scalp that is fully configurable and can be automated
This script uses a combination of ma to detect the trend at a higher time frame, which can be defined by the user, as default set to 1D and 1M.
Triggers for long and short are given in a lower time frame, for example 30 minutes and are given by a combination of factors and oscillators. These include RSI, ADX, DMI
The script includes everything needed to follow the trade according to the habits of the trader.
This includes the option to use Take profit and Stop loss based on ATR that you can configure with the RR you like.
Similar to the risk-reward tool in tradingview.
You can also define a stop and take profit based on a percentage from the entry and also use a Trail stop, to finish the position when it is reached.
Each take profit and stop loss has a customized alarm so you can automate each action.
Also included is the option to use "advanced alerts"!
This is: You define how many seconds before you close the candle the alarm will be activated in TradingView. Very useful if you are going to automate, so that your alarm arrives just in time to your exchange.
Included:
Different trade entry options
Different forms of Take profit, included:
Take profit on squeeze candles
Take profit based on Risk-Benefit (RR)
Take profit a pre-determined %.
Different forms of Stop Loss, including
ATR-based stop loss
Trail stop loss (with option to use a trigger)
Stop loss a pre-determined %.
Contains a Risk Management section
May use a volatility filter
Statistics panel for backtest
Advanced alerts
As default is configured for BYBIT:BTCUSD 30 minutes
For access you can send a message or consult in my social networks.
Links in my tradingview signature (below).
Custom Self-Adjusting Parabolic SARA custom version of the Self-Adjusting Parabolic SAR that can be used as a source for your trading frameworks and indicators.
It is presented on the preview as a -signal line that replicates Self-Adjusting Parabolic SAR state.
Here is an example of how it works with Buy/Sell/TP/SL/TSL Alerts Module :
If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram.
Resampling Filter Pack [DW]This is an experimental study that calculates filter values at user defined sample rates.
This study is aimed to provide users with alternative functions for filtering price at custom sample rates.
First, source data is resampled using the desired rate and cycle offset. The highest possible rate is 1 bar per sample (BPS).
There are three resampling methods to choose from:
-> BPS - Resamples based on the number of bars.
-> Interval - Resamples based on time in multiples of current charting timeframe.
-> PA - Resamples based on changes in price action by a specified size. The PA algorithm in this script is derived from my Range Filter algorithm.
The range for PA method can be sized in points, pips, ticks, % of price, ATR, average change, and absolute quantity.
Then, the data is passed through one of my custom built filter functions designed to calculate filter values upon trigger conditions rather than bars.
In this study, these functions are used to calculate resampled prices based on bar rates, but they can be used and modified for a number of purposes.
The available conditional sampling filters in this study are:
-> Simple Moving Average (SMA)
-> Exponential Moving Average (EMA)
-> Zero Lag Exponential Moving Average (ZLEMA)
-> Double Exponential Moving Average (DEMA)
-> Rolling Moving Average (RMA)
-> Weighted Moving Average (WMA)
-> Hull Moving Average (HMA)
-> Exponentially Weighted Hull Moving Average (EWHMA)
-> Two Pole Butterworth Low Pass Filter (BLP)
-> Two Pole Gaussian Low Pass Filter (GLP)
-> Super Smoother Filter (SSF)
Downsampling is a powerful filtering approach that can be applied in numerous ways. However, it does suffer from a trade off, like most studies do.
Reducing the sample rate will completely eliminate certain levels of noise, at the cost of some spectral distortion. The lower your sample rate is, the more distortion you'll see.
With that being said, for analyzing trends, downsampling may prove to be one of your best friends!
Scalper ALThe script is an updated version of our old Scalper 1.1. It includes a linear regression line for trend indication, a moving average line and the buy sell labels. The fluctuation and strength of the trend can be discerned from Pearson's value and its sign. Algorithmic trading can be done by setting an alarm. There is a provision to set target and stop loss in setting window(for algo trading). It's more profitable on the 15 minute chart, and applies to any type of stock.The color of the moving average represents the short term trend.
Contact us using the links below to gain access to this indicator
NIKI MS ALThis indicator is designed specifically for algorithmic trading. This is an updated version of our previous indicator Niki MS 1.2. It is more suited to scalping and intraday trading. It shows more profit on the 5 minute chart. From the indicator setting we can display the target and stop loss. Algorithm trading can be done by setting an alarm. The alarm LE represents long entry and the LX long entry exit. SE represents short entry and SX represents shrot entry exit. It is suitable for any type of stock. There is provision in the settings to maintain the risk reward ratio. The configuration window also contains a condition for setting intraday-timing. The indicator will display the alarm only for the selected time period.
Contact us using the links below to get access to this indicator
The 288 StrategyThe classic 13-55 crossover with the 220 being main trend
What I added here was two other variables
A fixed momentum for the time frame youre in, the momentum in the chart is the 30 minute while we are on the 13 minute.
A variable momentum for whatever TF you desire
Lower variable means more trades since momentum will flip more often
Higher means more of a trend playing algo
You may also mark the momentum algos OFF if you wish to use the STANDARD 13-55 / 220 Technique
In which you would just look for all 3 to hit to enter a trade AND just 2 to flip to exit/Take Profit
Back Ground will flash YELLOW for BULL
and
PINK for BEAR when all triggers are met.
To attain access DM me here or if you follow me on Twitter you can there as well!
CHEERS
eha MA CrossIn the study of time series, and specifically technical analysis of the stock market, a moving-average cross occurs when, the traces of plotting of two moving averages each based on different degrees of smoothing cross each other. Although it does not predict future direction but at least shows trends.
This indicator uses two moving averages, a slower moving average and a faster-moving average. The faster moving average is a short term moving average. A short term moving average is faster because it only considers prices over a short period of time and is thus more reactive to daily price changes.
On the other hand, a long term moving average is deemed slower as it encapsulates prices over a longer period and is more passive. However, it tends to smooth out price noises which are often reflected in short term moving averages.
There are a bunch of parameters that you can set on this indicator based on your needs.
Moving Averages Algorithm
You can choose between three types provided of Algorithms
Simple Moving Average
Exponential Moving Average
Weighted Moving Average
I will update this study with more educational materials in the near future so be informed by following the study and let me know what you think about it.
Please hit the like button if this study is useful for you.
