[JL] How Many Signals last N barsGot this idea after I found Multiple Indicators Screener from QuantNomad.
This script learnt some codes from QuantNomad's great script. Thanks to him.
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This table show how many signals happened during the last N bars.
I only take care Forex, so this table only has 28 symbols. Feel free to change it.
Calculate the following signals:
RSI cross over/under 50
Short Moving average cross over/under long moving average
Stochastic k cross over/under d
MACD hist cross over/under 0
Williams Fractals: Up and Down fractals happened.
The concept is simple: Range period will always happen more cross signals than the trend period.
When the counter is less than median of all symbols, will be set green color. So more green mean more chance to be trend.
Indikator Bill Williams
Smart Swing Strategy for StockSpecial indicator for stock but you can try another instrument.
Trend determination and buy/sell signals are using the Alligator system from Bill Williams .
To get maximum profit, the system uses the trailing stop technique using Average True Range (ATR) with 4 moving average options (RMA, SMA , EMA , WMA ).
Please leave comments if any opinions.
Disclaimer
The content is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to your investment objectives, financial situation, or needs of yourself or any other specific person. Before committing to a trade or investment, please seek advice from financial or other professional advisers regarding the suitability of the trade for you. If you do not wish to seek such financial advice, please consider carefully whether the product is suitable for you as you alone remain responsible for your trading gains and losses.
Swing Indicator (Tune for FCPO)Special indicator for FCPO (Crude Palm Oil Futures - Bursa Malaysia Derivative) traders but you can try another instrument.
Trend determination and buy/sell signals are using the Alligator system from Bill Williams.
To get maximum profit, the system uses the trailing stop technique using Average True Range (ATR) with 4 moving average options (RMA, SMA, EMA, WMA).
Please leave comments if any opinions.
Disclaimer
The content is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to your investment objectives, financial situation, or needs of yourself or any other specific person. Before committing to a trade or investment, please seek advice from financial or other professional advisers regarding the suitability of the trade for you. If you do not wish to seek such financial advice, please consider carefully whether the product is suitable for you as you alone remain responsible for your trading gains and losses.
SMART4TRADER - Bill Williams Market Facilitation IndexThis indicator is written by 🔴 correct formula and for the correctness of the data is used by the Security function for the correct data request name from the open schedule, and not as usual with a similar ticker.
1️⃣ volume grows and MFI grows ➖ Green bar occurs when a growing volume and market dynamics. It signals us forward (down or up), that is, the number of transactions in the market is growing and they move the market in one specific side. Usually this bar is useless to enter the market, as the movement is already going, but it is very useful to determine the correctness of our entrance. In other words, if we are already in the market and see "green light" when a market hiking, for example, down, then we can be confident in the correctness of our entrance.
2️⃣ volume decreases and MFI decreases - Fuchsia (pink) ➖ "fading" bar appears in case of falling interest in the market in players, that is, the number of transactions (teak volume) decreases, and the market freezes (motion slows down). In trade, this bar is practically useless, although it often appears on the top of the first wave of Elliot.
3️⃣ volume decreases, and MFI grows - gray ➖ "fake" bar manifests when the activity of the market is growing with a decrease in volumes. This is an ambiguous bar and no sense from him. It is just necessary to understand that the market is moving, despite the decline in the activity of participants.
4️⃣ volume is growing, and MFI is reduced - blue ➖ "squatting" bar, perhaps the most interesting bar, since all movements end in a squatting bar, which may be, but not necessarily at the very bottom (vertex), and maybe near (one two bars). As stated in the book of Bill Williams, all the main trends end with the "squat" bar, which is among one of the three bars in the top or base.
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Этот индикатор написано по 🔴ПРАВИЛЬНОЙ ФОРМУЛЕ🔴 и для корректности данных используется функция SECURITY для правильного запроса данных имено с открытого графика, а не как обычно с похожего тикера.
1️⃣ Объем растет и MFI растет ➖ зеленый бар возникает при растущем объеме и динамике рынка. Он сигнализирует нам движение вперед (вниз или вверх), то есть количество сделок на рынке растет и они двигают рынок в одну определенную сторону. Обычно этот бар бесполезен для входа в рынок, так как движение уже идет, но он очень полезен для определения правильности нашего входа. Иными словами, если мы уже в рынке и видим «зеленый свет» при походе рынка, например, вниз, то мы можем быть уверенным в правильности нашего входа.
2️⃣ Объем снижается и MFI снижается – фуксия (розовый) ➖ «Увядающий» бар появляется в случае падения интереса к рынку у игроков, то есть количество сделок (тиковый объем) уменьшается, и рынок замирает (движение замедляется). В торговле этот бар практически бесполезен, хотя он часто появляется на вершине первой волны Эллиота.
3️⃣ Объем снижается, а MFI растет – серый ➖ «Фальшивый» бар проявляется, когда активность рынка растет при снижении объемов. Это неоднозначный бар и толку от него особо никакого нет. Просто надо понимать, что рынок движется, несмотря на снижение активности участников.
4️⃣ Объем растет, а MFI снижается – синий ➖ «Приседающий» бар, пожалуй, самый интересный бар, так как все движения заканчиваются приседающим баром, который может быть, но не обязательно в самом дне (вершине), а может быть рядом (один-два бара). Как говорится в книге Билла Вильямса, все основные тренды заканчиваются «приседающим» баром, который находится среди одного из трех баров в вершине или основании.
%R Trend Exhaustion [upslidedown]I love Williams %R! This indicator mixes two %R periods... a standard %R with a longer period %R. The longer period of 112 has interesting results for trend following strategies in the crypto market through backtesting.
Alone these are fairly ordinary but together they provide a very interesting trend exhaustion/reversal system while filtering out some noise. I have highlighted key areas of interest with filled boxes. An "area of interest" is when there is confluence between the short and long period %R values along with being overbought or oversold. Once there is a break in the overbought or oversold trend, an arrow will print.
This is one of my odder ideas that appears to have some merit and detects interesting tops or bottoms (or confirms a trend reversal) so I'm publicly publishing for the community to find. If you find this useful please reach out and let me know how you use it as it's fairly unique... and thus different than anything I've ever seen or used.
Argo II - (alerts for 3commas composite bots) - publicThis script lets users create BUY/SELL alerts for 3commas composite bots (1 alert = 12 pairs) in a simple way, based on a built in set of indicators that can be tweaked to work together or alone through the study settings.
There is a version of this script for single pair bots, with slightly more features here .
If the user choses to create both BUY and SELL signals from the study settings, the (1) alert created will send both BUY and SELL signals for all 12 pairs selected. At this stage, the script forces the user to select 12 pairs in the study settings. If less pairs are inserted, it will not work. Also, the script will only send alerts for the pairs selected in the study settings, not for the current chart (if different).
How to use:
- Add the script to the current chart
- Open the study settings , insert bot details and select 12 pairs. You should write the pairs manually, using the format BTC , ADA, ETH, etc. They MUST be in capital letters or 3commas will not recognize them.
- Still in the study settings, tweak the deal start/close conditions from various indicators until happy. The study will plot the entry / exit points below the current chart (1 = buy, 2 = sell)
- Make sure your strategy works for all the pairs you have selected, simply by checking each chart with the same study settings
- When happy, right click on the "..." next to the study name, then "Add alert'".
- Under "Condition", on the second line, chose "Any alert () function call". Add the webhook from 3commas, give it a name, and "create".
That's it.
Notes:
- If you insert coins that are not available for the quote currency and exchange of your choosing, the script will not work and return an error.
- Make sure you run tests with paper trading or dummy bots (i.e without actual bot ID) to ensure your alerts trigger as intended on all coins.
- If alerts trigger too much (i.e they all trigger at the same time for all coins), Trading View will stop the alert. So probably not ideal for a scalping bot. It could also be the sign the script doesn't work as intended.
- The script is a bit slow on my side. I am a beginner in pinescript, so if anyone knows how to simplify it, please let me know.
- if anyone knows how to tell the script to function with less than 12 pairs (when not filling the 12 fields in the setting), please also let me know :)
EneX SignalEneX is signal that give recommendation signals for entry and exit on spot market. This indicators not suitable for leverage trading in futures market.
EneX signal consider several indicators and has entry and exit rules.
EneX signal is suitable for investors who believe in trend following strategy (disclaimer on).
This script composed by Yohan Naftali for educational purpose only. Reader who will use this signal must do own research.
Indicator and Plot Involved
1. Williams Fractals with default periods = 2
2. William Alligator Indicators with default simple moving average 8, 13, and 21
3. Exponential Moving Averages with default value EMA 50, 100, and 200
4. Relative Strength Index with default overbought level = 80 and oversold level = 20
5. Williams Fractals are joined to create support and resistance line and fill area between support and resistance lines.
Entry signal conditions
1. Entry on Weakness when bullish fractal appear on n/2 period
2. Entry when price break resistance line
All entry condition must above EMA and alligator signal and not in overbought RSI
Exit signal conditions
1. Lowest price is below Exponential Moving Average
2. Lowest price is below William alligator lines
You can easily find entry and exit points by using Entry (E), Exit(X) signals
How to use
1. Monitor chart and wait until E or X signals
2. Entry if Entry Signal (E) appear (green colored label)
3. Exit if Exit Signal (X) appear (red colored label)
4. Change indicators setting when necessary
Best Practice
1. Entry only when entry signal (E) appear
2. Never entry when price below William alligator signal
3. Exit when exit signal (X) appear
4. Not exit when exit signal appear when you believe or you have information that price will be rebound
5. Exit if you believe that current price meet your target price
6. Always wise when use EneX signals
Disclaimer
Do your own research and consider fundamental price of asset.
The indicators provided on this script is for educational purposes only.
Author does not offer advisory or brokerage services, nor does it recommend or advise users to buy or sell particular stocks or securities.
Please examined script and give feedback for further improvement.
Simple Trader - Swing PivotsSimple Trader - Swing Pivots.
Note: Do not use this indicator as buy/sell signals.
I'm using this indicator to see the visible reversal points in chart.
I use 5 candles preceding and 5 candles following in 3 mins chart to analyze the trend and momentum.
I use 2 candles preceding and 2 candles following in 30 mins chart to analyze the trend and momentum.
Willians Ultimate Oscillator [DM]Hello colleagues
I share the Williams Ultimate Oscillator
You can select betwen:
1.Average signal of 9 lengths (3 X UO).
2. Three independent signals UO.
You can also customize the oversold and oversold bands.
Some alerts were added.
The gradient colors of the background warn us of a squeeze in the movement of the indicator.
If there is something that can be improved (it is certain that it is) please leave it in comments.
OS AO (P-unity MACD)This is both the Awesome Oscillator (AO) as described in New Trading Dimensions ( NTD , book by Bill Williams ), and the Profitunity MACD described in the first edition of Trading Chaos.
The calculation for both is the same. In this case I added the 5 day SMA which is the blue line. The difference between the blue line and the AO is the AC which is also described in NTD and is usually plotted in a different indicator (AC).
This is the base for the following signals:
Zone Bar
2nd Wise Man
The signals are triggered and shown on the main chart screen through the use of OS Alligator . This indicator (AO) provides further insight in analyzing those signals by reading the AO, its current position and evolution directly.
Williams Fractals BUY/SELL signals indicatorThis indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index. You can easily find entry points by using Long (L), Short (S) signals.
This is a 15min scalping strategy for BTC:USDT Perpetual pair. For use different pairs or TFs you may need to change settings.
How to use
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When flashing Long (L) or Short (S) signal you should wait until the candle closing for the confirmation.
After that candle closed with the signal, you can enter a trade in next candle opening.
Your SL should be 3.1% from etnry and TP should be 0.5% from entry for best results. (You can use Long Position / Short Position tool in Prediction and Measurement Tools in drawing pannel to calculate this. This settings only for BTC:USDT Perp 15 min TF. For other TFs or Pairs settings may vary. You can easily change these settings and backtest your own.)
After entering a trade you can be ignored next signals until close the trade.
To learn more about this strategy, please try the "Williams Fractals Strategy" I coded. Thank you!
Rainbow FractalsThis Indicator uses the Bill Williams Fractals with coloring based on the Peak High/Low of the most recent RSI Value.
This helps quickly identify RSI bearish and bullish divergence without having a RSI lower indicator loaded onto the chart.
When the RSI is between 40 and 60 no fractals are posted. Lighter colored fractals are closer to a RSI value of 50 and darker fractals or further away from a RSI value of 50.
Argo I (alerts for 3commas single bots)This script lets users create BUY/SELL alerts for 3commas single bots in a simple way, based on a built in set of indicators that can be tweaked to work together or separately through the study settings. Indicators include Bollinger Bands, Williams %R, RSI, EMA, SMA , Market Cipher, Inverse Fisher Transform.
If the user choses to create both BUY and SELL signals from the study settings, the alert created will send both BUY and SELL signals for the selected pair. Note the script will only send alerts for the pair selected in the study settings, not for the current chart (if different).
How to use:
- Add the script to the current chart
- Open the study settings , insert bot details. Pairs MUST be in capital letters or 3commas will not recognize them.
- Still in the study settings, tweak the deal start/close conditions from various indicators until happy. The study will plot the entry / exit points below the current chart (1 = buy, 2 = sell)
- Ideally, test the settings with a backtesting script. The present script is compatible with the Trading Parrot's backtester.
- When happy, right click on the "..." next to the study name, then "Add alert'".
- Under "Condition", on the second line, chose "Any alert () function call". Add the webhook from 3commas, give it a name, and "create".
Happy tweaking!
Hotch v1.02 RSI+Fractals/VWAP Bands/Smoothed Moving Average. In this script the RSI is used the limit number of displayed fractals to only those fractals that are triggered in the RSI Overbought and Oversold areas. This helps keep the chart cleaner looking when combined with other indicators so other icons that are plotted above and below candles are not covered up.
For example if the RSI drops below 30 the next fractal would be displayed.
If the RSI stays below 30 each fractal would be displayed.
If the RSI dips below 30 and returns above 30 before there is a fractal is displayed, the next valid fractal would still be displayed.
With optimization of the RSI values this indicator can be used in confluence with the included VWAP bands and Moving average to find trend reversal entry points for trades. Also recommended is to use a divergence identifying lower indicator as a secondary confirmation of trade entry.
Example of a potential long entry using the displayed chart.
1) RSI under 30
2) Price was recently outside of your chosen VWAP multiple.
3) a fractal was triggered.
Additionaly:
4) Use other indicators or other confluences for a stronger trade signal.
5) Use your preferred method of determining entry price stop loss and take profit.
NOTE: Fractals normally paint two bars behind the current bar. In this code, with the combination of the RSI and Fractal Trigger, the fractal paints an icon on the current bar.
Fx Crusher Scalping Indicator V1█ OVERVIEW
Scalping Indicator with Buy and Sell Signals for the 15 min and 5 min Chart. Works on all assets (Crypto, Forex, Stocks, Indices, Commodities and Metals)
Only use in trending markets. Signals in a ranging market are useless.
This Scalping Indicator is different from others because most of the Buy/ Sell signals actually make sense. No counter trend trading and most signals can be very profitable when used right.The single most important goal was to have an indicator that shows signals with a big possible risk reward ratio. Most false signals are filtered out. The Fx Crusher Scalping Indicator is not perfect but it is amazing. You can customize the indicator to get the highest signal quality.
█ HOW DOES IT WORK?
The indicator determines the trend direction by using 3 different smoothed moving averages. A green background shows an uptrend and a red background shows a downtrend.
The strength of the trend is determined by the slope of the individual SMMAs. You can set the slope of every single SMMA for buys and sells individually.
The indicator only shows signals when there is a clear trend on the current timeframe.
Entry signals are generated by a combination of Williams fractals, SMMA crossover, trend angle and RSI condition.
█ HOW TO USE?
Draw Support & Resistance lines on the 4H Chart
Determine the overall trend on the 1H Timeframe
Go to the 15 min or 5 min Time Frame and have a look at the signals
Adjust the slope of every single SMMA in 0.01 steps until the signals look good
Adjust the RSI settings for overbought and oversold condition if necessary
Only enter a trade after the candle that prints a signal is closed.
Only take buy positions when all SMMAs are going up and don’t touch each other
Only take sell positions when all SMMAs are going down and don’t touch each other
Only use this Scalping Indicator with proper Risk management and a risk reward ratio of around 1:2.
Trail your stop to get the most pips out of the signals. Very often the indicator shows signals right before major moves.
█ ADDITIONAL INFO
Be careful with buy signals when the market on the higher timeframe (4H and 1H) is in a downtrend and vice versa.
You can make the most profit out of this Indicator when you enter with 2 positions. A quick scalp and a runner. Because there's a lot of signals with huge risk reward ratios but also some unprofitable signals . Therefore make sure you make the best out of the good signals and apply proper risk management to limit losses with bad signals. Stop loss placement according to market structure.
Multiple Signals in a row can show a high probability of a very strong upcoming move. Monitor your trades and secure partials to make the best out of it.
You can select how many signals it is going to show once trend conditions are met. Please be aware that the longer a trend goes, the higher is the probability of a reversal. Therefore the first few signals after all conditions are met are most likely the most profitable.
By setting the slope of the slow SMMA correctly you can filter out most signals in a ranging market.
█ DISCLAIMER
This is not financial advice. I do everything I can to provide the most accurate buy and sell signals for scalping but past results are no guarantee for future performance.
Inverse Fisher Transform on Williams %RInverse Fisher Transform On Williams %R
Since Williams R indicator produces negative values, I preferred to add 50 instead of subtracting 50.
It produces values between 0.5 and -0.5.
Generates clear buy and sell signals.
Williams %R determines overbought and oversold levels.
You can see more softly.
HPH's FractalTradesThis indicator is based on some dark fractal magic.
Not really, it's inspired by Vladimir Poltoratskiy and basically just waits for the price to go higher or lower than a previous fractal. If that's the case and all the additional settings allow the trade to take place, it is entered with the stop loss at the last opposite fractal of were it was entered (so if we enter a trade because the price went higher than the last up fractal, the sl is at the last down fractal).
The trades are visualised with a stop loss and 3 take profits levels (at a 1:1, 2,1:1 and 4:1 risk/reward ratio). The stop loss will trail once a certain take profit level is reached. Enjoy!
The settings:
LiveVersion : If ticked it will use close for stop losses and take profits. If unticked high and low will be used. Neither is accurate when backtesting as there is no intrabar data...
CancelEarly : Swings trade in the opposite direction when an opposite signal is received. If unticked the trade will continue until a tp or sl is hit.
ShowStats : Show a table in the top right displaying how many times the stop losses or take profits got hit.
FractalPeriods : Number of bars that are required for a fractal. E.g. if it's 2, 2 bars need to be lower on the left and right of a candle for it to print an up fractal.
MinFractalDiv : If this is bigger than 0, it will not allow new fractals to print unless they are at least a percentage based amount bigger than the last one. So this can be used to filter out fractals that are in the same range. Bigger value = more aggressive filtering!
TicksOnFractal : Tick based offset to add onto the fractals to enter trades. E.g. if it's 5 and the price goes above an up fractal, it needs to go up 5 more ticks to enter a trade.
UseFilter, FilterMultMin and FilterMultMax : If ticked, trades are limited to the once in the specified range (distance of the stop loss). E.g. if FilterMultMax is 0.05, the stop loss can not be bigger than 5% of the assets price for the trade to take place.
Alma Moving Average Ribbon Reverse Length [DM]Greetings Colleagues
Following some recommendations and ideas I share this moving average, put all of them together
The length calculation is automatic there is only one input.
The length is inverse so it will wrap from the longest reference point, hence using phi
Moving averages will wrap around the price.
I've also added gradient color to plots and fill plots
There is an alert selector in case you are interested in a particular crossing, "remember that the order is reversed".
There is an alert visual plotshapes with offset signal.
Finally, after spending a few hours with the Williams alligator moving averages I found nothing special, but I added the individual offset adjustment for each moving average in case someone comes up with something.
Enjoy”
Some references about alma by "tradingview pinecoders"
What to look for
The Arnaud Legoux Moving Average has three elements to it:
Window: This element is the period. By default, the window is set to 9 periods, but it can be customized to fit any trading style.
Offset: This element is the Gaussian that is applied to the combo line and can be aligned to the current price. It’s default is set to 0.85, but by setting it to 1, you can make it align fully to the current price (similar to how an Exponential Moving Average (EMA) with a setting of 0 is like a Simple Moving Average (SMA)). 0.85 is what is recommended, however, you can customize it like with the window element.
Sigma: This element is a standard deviation that is applied to the combo line in order for it to appear more sharp. The default is set to 6 and it is not recommended to change the setting. The value of 6 is inspired by the Six Sigma process.
www.tradingview.com
Sam4x 9:45 secretWhat Is the Sam4x 9:45 Secret?
The Sam4x 9:45 secret indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns.
SUM1 = SUM (CLOSE, N)
SMMA1 = SUM1/N
Subsequent values are:
PREVSUM = SMMA(i-1) *N
SMMA(i) = (PREVSUM-SMMA(i-1)+CLOSE(i))/N
Where:
SUM1 - the sum of closing prices for N periods;
PREVSUM - smoothed sum of the previous bar;
SMMA1 - smoothed moving average of the first bar;
SMMA(i) - smoothed moving average of the current bar (except for the first one);
CLOSE(i) - current closing price;
N - the smoothing period.
How the indicator is calculated is important for understanding the inner workings of the indicator. Luckily, the calculation is not required in practice. The Alligator indicator can be added to your charts from the indicator list in your charting or trading platform.
The three moving averages comprise the Jaw, Teeth, and Lips of the Sam4 9:45 secret opening, and closing in reaction to evolving trends and trading ranges:
Jaw (blue line): Starts with the 13-bar SMMA and is smoothed by eight bars on subsequent values.
Teeth (red line): Starts with the eight-bar SMMA and is smoothed by five bars on subsequent values.
Lips (green line): Starts with the five-bar SMMA and smoothed by three bars on subsequent values.
RoboDCARoboDCA is an indicator I developed to help me accrue Bitcoin at its low point. It won't necessarily be at its lowest point but it's low enough that if you dollar cost average for the long term, the difference is negligible. While using this indicator, I find it also suitable for swing trades in the 4H timeframe every once in a while. Might be the indicator to use if you only do 2-5 trades a month last a few days between trades.
The fundamentals of RoboDCA came from these 2 theories:
Bill Williams Balance Line
Moon Phase
Bill Williams Balance Line
Bill Williams is fantastic, a lot of how I see the chart borrows from his books. For this particular case, his balance line is interesting to me because it's a series of highs and lows that are when broken through inspires a powerful move.
Moon Phase
Every month for as long as the moon and earth have danced in the cosmos, the moons gravity affects the earth physically. Some myth and legends like werewolves even came from this cosmic relationship. For prices though it paints a more honest relationship I would say. It is mostly accurate more than 50% of the time that when the moon's light intensity hits 90% or above, its gravity pulls prices to its lower if not lowest point for about 15 days in the past and 15 days in the future. While a new moon with its light intensity at the lowest would present a local peak.
I wasn't sure about this the first time but charts don't lie, they can't. For dollar cost average purposes, this is one of the best way of not just buying blindly into the market.
RoboDCA
Based on the 2 fundamentals above, I tried to create an indicator to help me see price movements and its direction more honestly. What I can say is this indicator tries to tell you if prices are in a good position to buy.
Numbers have always been interesting for me and while developing this indicator I came across an interesting one, number 528 . The number is supposedly an angelic number that communicates wealth and prosperity, sound like my kind of number. I thought to myself, the simplest prove is to just put the number to a moving average indicator. I opted for EMA to keep it close to prices compared to regular MA and I was pleasantly surprised.
As you can see, the EMA line acts as a perfect support and resistance. Breaking up or down the line would start a powerful move to the direction it was breaking at while touching the line through wicks held as strong support and resistance.
The problem I don't enjoy with moving averages is it's hard to measure zones, you'd need to zoom in into the candles to define the zones manually. I wanted something that would define the zones on screen without my intervention. This brought me back to Bill Williams Balance Line, they have highs and lows. The next step was to put the high/low from the balance line and EMA both lines creating a zone.
The zone created fits perfectly to my needs. Now I can see powerful moves before it happens. When a zone has been tested 2 or 3 times, the chances of prices making powerful moves is humongous. This is a zone that is derived from exponential moving averages of the last 528 high and low balance lines, this in itself is a strong indication for direction.
Let's couple the zone with moon phases like what the chart below illustrates.
In this daily chart, the blue upwards arrow represent an opportunity to buy while the red downward arrows represent an opportunity to sell based on Moon Phases. For dollar cost average, you can see that blue arrows that showed up near to the balance line ribbon represent a perfect buy entry, conviction to buy is as strong as it can be.
Although both Moon Phases and the zone should be enough to know when to buy, it doesn't tell a story of how the upcoming move came to be. Someone told me about another angelic number, this time it's number 247 . Let's how this stack up when put both EMA528 and EMA247 together.
It's a sight to behold.
When prices are moving back and forth between the both EMAs, it's telling you that a powerful move is soon coming. Most traders would also know the meaning of crossovers between a slower MA versus a faster MA or the other way around.
Conclusion
This indicator is written to help me dollar cost average, I hope the explanation above is enough to describe to you how to use the indicator opportunistically. I regret that for this indicator I decided to not share its source code. The logic for this indicator is described above which I'm sure can be a base for anyone to write their own version of it.
Above said, I wish everyone a 528 vibe of wealth and prosperity. Cheers!
Cryptobull | Long / Short IndicatorCryptobull is a indicator based on the Williams R and Bollinger Band to find Long / Short entries (together with your strategy).
!!! The indicator is not working in every market situation -> so i recommend to add the indicator to your existing strategy !!!
Designed for:
->15m Chart
->5m Chart
->Crypto
->(Stocks)
I recommend using this indicator with Price Action or your own strategy to enter trades.
Rainbow Indicator - Polfwack ProThis is a reverse engineered completely free Version of an Indicator that you would normally have to spend huge amounts of money on. I personally believe that no one should pay a fortune for access to an Indicator that contains huge amounts of freely available stuff.
This indicator claims to be even better than Market Cipher. Turns out it uses - just as Market Cipher, freely available Indicators and puts them in a nice looking package. I packed in as much as it made sense, the original Indicator is visually very cluttered with - in my opinion, too much random stuff that I have left out for a cleaner look, for example the truckload of entry signals, MFI and that Autotrendline feature that no one really needs because the human brain is way better at drawing lines.
Was is included? From top to bottom:
1st Bar -> Color coded RSI status. It shows Oversold and Overbought, Bullish, Hidden Bullish, Bearish and Hidden Bearish Divergences.
2nd Bar -> Color coded Market Structure Analyser. It shows if the market is currently ranging, bullish or bearish based on calculated pivots and outbreaks of said pivots. Bullish and Bearish breaks are also being printed.
Main Oscillator -> An Awesome Oscillator (AO) that prints bullish, hidden bullish, bearish and hidden bearish divergences as well as positive and negative Pivot Points.
Bollinger Bands -> They are following the AO and are color coded to the long term trend indicator for less visual clutter.
Secondary Oscillator -> Accelerator Oscillator (AC).
3rd Bar -> Color coded longer term trend indicator, it mirrors the color code on the Bollinger Bands. The original uses an ATR-based calculation, but I found a Kumo cloud to be more simple and more reliable for this kind of thing.
4th Bar -> Color coded mirror of the Accelerator Oscillator.
I tried to make the whole Indicator as adjustable as possible, most of the variables can be edited to your liking.
On the internet you can find all sorts of strategies for every single of the included indicators.
I hope that I have saved you at least some money. Good luck.
