This script determines the proportion of bullish and bearish candles in a given sample size. It will produce an oscillator that fluctuates between 100 and -100, where values > 0 indicate more bullish candles in the sample and values < 0 indicate more bearish candles in the sample. Data produced by this oscillator is normalized around the 50% value,...
A complete ATR Trailing Stop Loss in version 5.
Long/Short Triggers (Green/Red Triangles)
Long/Short Conditions (Bottom Colored Line)
"Golden" Long/Short Triggers (Yellow Triangles)(Hanging Man or Shooting Star Candlestick patterns breaking ATR trailing stop)
Why I Made It
So many timeframes and only so much monitor space! Quickly identify timeframes of interest and overall trend, momentum, and compression. Saves loads of time and energy!
How I Use It
The 10x row identifies momentum of candles (green for bullish , yellow for neutral, red for bearish ) while the MOM row identifies the current color of the momentum on...
Why I Made it:
The core if my trading system in one place in one place. Key levels, EMA cloud, ATR price targets.
How I Use It:
I use my rainbow EMA stack to mark important levels and view trends on longer timeframes. Longer EMAs (50, 200, 800) can help find levels on all timeframes. I use Keltner channels as PTs and recent OHLC levels as support/resistance...
I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up.
Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen.
I have everything spelled out...
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one.
Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).
An ATR filter can be selected to place the line at a more distance level than...
This indicator works with Follow Line Indicator , evaluates the angle for possible additions or reductions of the position. Many settings to play with:
- FOLLOW LINE CURRENT CHART RESOLUTION
- FOLLOW LINE HIGHER TIME FRAME
- FILTER HIGHER TIME FRAME
- NO FILTER HIGHER TIME FRAME
- ANGLE CONFIGURATION
- ANGLE LEVELS
- BUY / SELL
Do you find it difficult to analyze trends?
This indicator will help you to have an objective analysis of the trend.
Let's start .....
In this indicator Bears and Bulls go their separate ways.
-The Bull line (bullish green) always goes above zero.
-The Bear line (bearish red) always goes below zero.
With a quick glance, you will know who is winning.
Indicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube:
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a...
I was using another script that colored the bars to show the different candle patterns. Thanks to HPotter (www.tradingview.com). Unfortunately, I can't think that fast when looking across a screen of charts with different color bars. Fortunately, Tradingview came up with symbols and names on 2/26/15. I decided to take my favorite symbols and attach them to a...
See market structure at a glance with Higher Highs and Lower Lows. Bullish/Bearish/Ranging market bias is automatically derived. Optionally get alerted for breaks in market structure. Uses true Local Highs/Lows instead of simply the highest/lowest "pivot" for x bars. Can be useful as a support for learning market structure or for alerts for a change in structure...
Plots the natural log of the price divided by the 20w SMA and 21w EMA, color coded by the Bitcoin price (green if above, red if below). Use this when comparing Altcoins to Bitcoin's performance. Works in daily & weekly timeframes only!
A very simple and highly effective strategy that combines 3 famous indicators:
Entry conditions are:
The MACD line crosses over the signal line.
RSI less than 50
Price below the BB baseline
Exit conditions are:
RSI greater than 70
Closing price higher than the upper BB
Or when the price hits the Stop Loss...
This moving average indicator is a bull market support band. It's significance comes from the previous bull runs where the price was bouncing off or riding from a distance the support band until the end of the market cycle. For example, during the 2017 bull run, Bitcoin had several 30-40% corrections to the support band.
The green line represents the 20 weeks...