Jts Up/Down VolumeColour variation of volume indicator. Uses Green and blue so as not to reinforce the symbolism of the colour combination. Volume highlighted, with average overlay in green.
Motif-Motif Chart
Volatility Momentum Breakout StrategyDescription:
Overview:
The Volatility Momentum Breakout Strategy is designed to capture significant price moves by combining a volatility breakout approach with trend and momentum filters. This strategy dynamically calculates breakout levels based on market volatility and uses these levels along with trend and momentum conditions to identify trade opportunities.
How It Works:
1. Volatility Breakout:
• Methodology:
The strategy computes the highest high and lowest low over a defined lookback period (excluding the current bar to avoid look-ahead bias). A multiple of the Average True Range (ATR) is then added to (or subtracted from) these levels to form dynamic breakout thresholds.
• Purpose:
This method helps capture significant price movements (breakouts) while ensuring that only past data is used, thereby maintaining realistic signal generation.
2. Trend Filtering:
• Methodology:
A short-term Exponential Moving Average (EMA) is applied to determine the prevailing trend.
• Purpose:
Long trades are considered only when the current price is above the EMA, indicating an uptrend, while short trades are taken only when the price is below the EMA, indicating a downtrend.
3. Momentum Confirmation:
• Methodology:
The Relative Strength Index (RSI) is used to gauge market momentum.
• Purpose:
For long entries, the RSI must be above a mid-level (e.g., above 50) to confirm upward momentum, and for short entries, it must be below a similar threshold. This helps filter out signals during overextended conditions.
Entry Conditions:
• Long Entry:
A long position is triggered when the current closing price exceeds the calculated long breakout level, the price is above the short-term EMA, and the RSI confirms momentum (e.g., above 50).
• Short Entry:
A short position is triggered when the closing price falls below the calculated short breakout level, the price is below the EMA, and the RSI confirms momentum (e.g., below 50).
Risk Management:
• Position Sizing:
Trades are sized to risk a fixed percentage of account equity (set here to 5% per trade in the code, with each trade’s stop loss defined so that risk is limited to approximately 2% of the entry price).
• Stop Loss & Take Profit:
A stop loss is placed a fixed ATR multiple away from the entry price, and a take profit target is set to achieve a 1:2 risk-reward ratio.
• Realistic Backtesting:
The strategy is backtested using an initial capital of $10,000, with a commission of 0.1% per trade and slippage of 1 tick per bar—parameters chosen to reflect conditions faced by the average trader.
Important Disclaimers:
• No Look-Ahead Bias:
All breakout levels are calculated using only past data (excluding the current bar) to ensure that the strategy does not “peek” into future data.
• Educational Purpose:
This strategy is experimental and provided solely for educational purposes. Past performance is not indicative of future results.
• User Responsibility:
Traders should thoroughly backtest and paper trade the strategy under various market conditions and adjust parameters to fit their own risk tolerance and trading style before live deployment.
Conclusion:
By integrating volatility-based breakout signals with trend and momentum filters, the Volatility Momentum Breakout Strategy offers a unique method to capture significant price moves in a disciplined manner. This publication provides a transparent explanation of the strategy’s components and realistic backtesting parameters, making it a useful tool for educational purposes and further customization by the TradingView community.
Binary Trading - Next Candle PredictionHow It Works:
Trend Filter:
Uses a 14-period EMA to determine the trend direction.
Buy signals only appear if the price is above the EMA (uptrend).
Sell signals only appear if the price is below the EMA (downtrend).
Momentum Confirmation:
RSI (14-period) ensures the market is not overextended:
Avoid buys if RSI is overbought (>70).
Avoid sells if RSI is oversold (<30).
RSI must be rising for buys or falling for sells over the last confirmCandles (default: 2).
Price Action:
Requires 2 consecutive bullish candles for buys or 2 consecutive bearish candles for sells.
Optimization Tips:
Timeframe: Works best on 1-minute to 5-minute charts (common for binary trading).
Adjust Parameters:
Reduce emaLength (e.g., 10) for faster signals.
Increase confirmCandles (e.g., 3) to reduce false signals.
Combine with News: Avoid trading during high-impact news events.
Usage Instructions:
Apply to Chart: Copy the script into TradingView’s Pine Editor.
Backtest: Check historical performance on your preferred asset (e.g., EUR/USD, BTCUSD).
Set Alerts: Use the built-in alerts to notify you of signals.
Why This Works Better:
Reduces False Signals: By combining trend, momentum, and price action.
Avoids Overfitting: Uses widely accepted indicators (RSI, EMA) instead of exotic strategies.
Adaptable: Parameters can be tweaked for volatility or asset type.
Important Notes:
No Guarantee: No strategy is 100% accurate. Always use risk management (e.g., stop-loss).
Market Context: Works best in trending markets. Avoid sideways/ranging conditions.
veeru S&R with Previous/Weekly/Important LevelsKey improvements and explanations:
Previous Day High/Low: The get_previous_day_hl() function now correctly retrieves the previous day's high and low using high and low .
Weekly High/Low: The get_weekly_hl() function provides a basic implementation. Important: It's not perfectly accurate for all timeframes because TradingView doesn't directly give you the beginning of the week. A better approach would involve more advanced date/time calculations (which can be complex in Pine Script). The current version resets the weekly high/low on every day change. This means that on the first day of the week, it will start tracking from that day's high/low.
Important High/Low: The get_important_hl() function uses ta.pivothigh and ta.pivotlow with a separate important_lookback input, allowing you to define a longer lookback for these levels.
Plotting: The plot() function is used to draw the levels on the chart with different colors and styles for clarity. The style=plot.style_linebr creates a broken line, which can be useful for these types of levels.
Alerts: Example alerts are included to demonstrate how you can trigger alerts when the price crosses above/below these levels. You can customize the alert conditions and messages as needed. I've added examples for the important levels and the previous day levels. You can easily add similar alerts for the weekly levels.
Clearer Variable Names and Comments: The code uses more descriptive variable names and includes comments to explain the logic.
Further Enhancements (For more advanced users):
Accurate Weekly Levels: For a truly accurate weekly high/low, you'll need to use the dayofweek() and weekofyear() functions, and potentially store the weekly high/low in a var variable that gets reset only at the start of the week. This requires careful handling of time and date changes.
Dynamic Lookback: You could make the lookback and important_lookback inputs more dynamic based on volatility or other factors.
Visualizations: Consider using line.new() or box.new() to draw more prominent lines or boxes for the important levels.
Breaks and Retests: If you want to integrate the break and retest logic from your original script, you can combine the level detection with your existing code. The key would be to use the prev_day_high, prev_day_low, weekly_high, weekly_low, important_high, and important_low variables in your break/retest conditions.
This improved script provides a solid foundation for tracking and alerting on key support and resistance levels. Remember to adjust the important_lookback and other parameters to suit your trading style and the specific market you're analyzing.
Al Sat Sinyali ve Para Giriş Çıkışı//@version=5
indicator("Al Sat Sinyali ve Para Giriş Çıkışı", overlay=true)
// Parametreler
shortLength = input.int(13, title="Kısa Periyot MA (13 Gün)")
mediumLength = input.int(8, title="Orta Periyot MA (8 Gün)")
longLength = input.int(5, title="Kısa Orta MA (5 Gün)")
longTermLength = input.int(55, title="Uzun Periyot MA (55 Gün)")
src = input(close, title="Veri Kaynağı")
// Hareketli Ortalamalar
ma13 = ta.sma(src, shortLength)
ma8 = ta.sma(src, mediumLength)
ma5 = ta.sma(src, longLength)
ma55 = ta.sma(src, longTermLength)
// Al/Sat Sinyalleri
longSignal = ma13 > ma8 and ma8 > ma5 // Fiyat 13 MA, 8 MA ve 5 MA üstünde
shortSignal = ma13 < ma8 and ma8 < ma5 // Fiyat 13 MA, 8 MA ve 5 MA altında
// Temkinli tut sinyali
cautionSignal = ma13 > ma8 and ma8 < ma5 // Fiyat 13-8 üstü, 5-8 altı
// Arka Plan Renkleri
bgcolor(ma55 > src ? color.new(color.green, 90) : color.new(color.red, 90))
// Al/Sat ve Temkinli Tut Sinyalleri
plotshape(longSignal, color=color.green, style=shape.labelup, location=location.belowbar, text="AL", textcolor=color.white, size=size.small)
plotshape(shortSignal, color=color.red, style=shape.labeldown, location=location.abovebar, text="SAT", textcolor=color.white, size=size.small)
plotshape(cautionSignal, color=color.orange, style=shape.triangledown, location=location.abovebar, text="TEMKİN", textcolor=color.white, size=size.small)
// 55 Günlük Hareketli Ortalama
plot(ma55, color=color.blue, linewidth=2, title="55 Günlük MA")
// Para Giriş-Çıkış Farkı (Volatilite/Değişim farkı)
volumeDelta = volume - ta.sma(volume, 14) // 14 periyotluk hacim farkı
plot(volumeDelta, color=color.purple, style=plot.style_histogram, linewidth=2, title="Para Giriş/Çıkış Farkı")
Rishabh's Price & Volume Change IndicatorRishabh's Price & Volume Change Indicator
If price is up and volume is down for current and prev close then green
else
yellow
Heiken Ashi Smoothed (Fractional EMA)Classical Heiken Ashi smoothed by one single exponential mooving average - you can adjust the length in an easier way - it is set by default on 6.8 for currencies (5 mn time frame)
Trend Breakout and Reversal Detectorbeautifully done to help all of us make the best. i also believe you will find it help ful
SMA Crossover 150/20SMA Crossover 150/20
It shows when is the entry point.
When SMA 150 sticks cross by the SMA 20 sticks.
By Eli Elezra
Golden Cross & Death Cross - 20 Day SEA & 200 Day EMAbuy signalon golden cross and sell signal on death cross to use for stock screener to search for assets to trade
Simplified Crossover StrategyA simple strategy with about 5 hours of research behind it. Appliead to Onyxcoin. Starting with $1000 USD. Trading 5 days a week on the weekdays.
CALL/PUT Signals with Flexible EMA By VIKKAS VERMACALL/PUT Signals with Flexible EMA By VIKKAS VERMA
**Overview**
This indicator is designed to identify indecisive market conditions and generate CALL (Buy) and PUT (Sell) signals based on candle patterns and the trend of a user-defined Exponential Moving Average (EMA). By filtering signals with EMA trends, it helps traders make more informed entry decisions while avoiding trades against the prevailing market direction.
**Key Features**
1. **Indecisive Candle Detection**
- A candle is considered **indecisive** if its body is small compared to its overall range (high - low).
- These candles indicate market hesitation, often preceding strong moves.
- Such candles are visually marked with a gray background for easy identification.
2. **Candle Classification**
- **Green Candle**: Open price equals the low of the candle.
- **Red Candle**: Open price equals the high of the candle.
- **Black Candle**: Any other type of candle that doesn’t fit the above two conditions.
3. EMA-Based Trend Confirmation
- A **user-defined EMA (default: 9-period) is plotted on the chart.
- **Green EMA**: EMA is rising (bullish trend).
- **Red EMA**: EMA is falling (bearish trend).
- **Blue EMA**: Neutral or flat movement.
4. CALL & PUT Signal Logic
- CALL Signal (Buy): Appears when a black candle is followed by a green candle, provided the EMA is not falling.
- **PUT Signal (Sell)**: Appears when a **black candle** is followed by a **red candle**, provided the EMA is not rising.
- Signals are displayed as arrows on the chart (green for CALL, red for PUT).
5. **Visual Enhancements**
- The indicator colors candles based on their relation to the EMA trend.
- EMA color changes help traders identify trend shifts.
- Indecisive candles are highlighted for additional context.
How to Use This Indicator
- Trend Confirmation: Use the EMA’s color to gauge market direction before taking trades.
- Entry Points: Look for CALL and PUT signals after indecisive candles in alignment with EMA trends.
- Risk Management: Use this indicator alongside other technical tools for better confirmation.
This indicator is useful for traders looking for a structured approach to identify potential reversals and momentum shifts while avoiding trades against the trend.
4H Trade Alert StrategySteps to Configure Alerts in TradingView
Add this script to the Pine Editor and save it.
Click "Add to Chart".
Go to the Alerts tab in TradingView.
Create a new alert:
Select the script (e.g., "4H Trade Alert Strategy").
Set the condition to "4H Trade Alert".
Customize the alert frequency and notification method (e.g., pop-up, email, webhook).
Save the alert, and it will trigger whenever the conditions are met.
Manojgowda Testing oneSample testing strategy developed to share wit friends for the purpose of learning and tweaking it
ML-Based BankNifty Strategy//@version=5
strategy("ML-Based BankNifty Strategy", overlay=true)
// Simulated ML Signal (Replace with Webhook Integration)
ml_signal = input.bool(true, "ML Buy Signal")
// Trade Execution Based on ML Prediction
if (ml_signal)
strategy.entry("Long", strategy.long)
strategy.exit("Take Profit", from_entry="Long", limit=close * 1.02, stop=close * 0.98)
[ARN]Reversal finderThe script is designed to identify potential reversal points in the market using a 5-period Exponential Moving Average (EMA) and specific candlestick patterns. Below is a detailed breakdown of the script:
1. Inputs and Settings
Toggle for 5 EMA:toggle5EMA = input.bool(true, title="Show 5 EMA")
This allows the user to enable or disable the display of the 5 EMA on the chart.
EMA Length: emaLength5 = 5
The length of the EMA is fixed at 5 periods.
2.EMA Calculation: EMA Value: emaValue5 = ta.ema(close, emaLength5)
The script calculates the 5-period EMA using the closing price of the candles.
EMA Color: emaColor5 = emaValue5 > emaValue5 ? color.green : color.red
The color of the EMA line is determined by its direction:
- Green if the current EMA value is greater than the previous EMA value (uptrend).
- Red if the current EMA value is less than the previous EMA value (downtrend).
Plotting the EMA: plot(toggle5EMA ? emaValue5 : na, title="5 EMA", color=emaColor5,
linewidth=2)
The EMA is plotted on the chart if the toggle is enabled (`toggle5EMA` is `true`).
3. Candle Color Identification: Green Candle:close > open; Red Candle:close < open
4. Signal Candle Identification:
Long Signal Candle: signalLong5 = isGreen and (low < emaValue5 and high < emaValue5)
A long signal candle is a green candle where both the low and high prices are below the 5
EMA. This suggests a potential bullish reversal.
Short Signal Candle: signalShort5 = isRed and (low > emaValue5 and high > emaValue5)
A short signal candle is a red candle where both the low and high prices are above the 5
EMA. This suggests a potential bearish reversal.
5. Confirmation Candle Identification:
confirmationCandleLong5 = signalLong5 and isGreen and (low <= emaValue5 and high >=
emaValue5)
A confirmation candle for a long signal is a green candle that occurs after a long signal
candle. It must touch or cross the 5 EMA (i.e., the low is below the EMA and the high is above
the EMA).
Confirmation Candle for Short:confirmationCandleShort5 = signalShort5 and isRed and (low
<= emaValue5 and high >= emaValue5)
A confirmation candle for a short signal is a red candle that occurs after a short signal
candle. It must touch or cross the 5 EMA (i.e., the low is below the EMA and the high is above
the EMA).
6. Plotting Buy/Sell Signals: A green triangle is plotted below the confirmation candle for a
long signal and a pink triangle is plotted above the confirmation candle for a short signal.
How the Script Works:
1. The script calculates the 5 EMA and plots it on the chart.
2. It identifies signal candles (candles that do not touch the 5 EMA) and confirmation candles (candles that touch or cross the 5 EMA).
3. Buy and sell signals are generated based on the confirmation candles.
4. Stop-loss levels are plotted for each signal to help manage risk.
Customization:
- You can adjust the `extendBars` variable to change how far the stop-loss lines extend.
- You can modify the colors and styles of the EMA, signals, and stop-loss lines to suit your preferences.
This script is a useful tool for traders looking to identify potential reversals using the 5 EMA and candlestick patterns. However, like any trading tool, it should be used in conjunction with other indicators and analysis techniques for better accuracy.
SMA Crossover SignalThis Pine Script plots 5, 20, and 50-period simple moving averages and highlights trade signals. It shades the background green if the price is above the 50 SMA and red if below. A "BUY SIGNAL" appears only when the 5 SMA crosses above the 20 SMA while the background is green, and a "SELL SIGNAL" appears only when the 5 SMA crosses below the 20 SMA while the background is red.
