Pi Cycle Bitcoin High/LowThe theory that a Pi Cycle Top might exist in the Bitcoin price action isn't new, but recently I found someone who had done the math on developing a Pi Cycle Low indicator, also using the crosses of moving averages.
The Pi Cycle Top uses the 2x350 Daily MA and the 111 Daily MA
The Pi Cycle Bottom uses the 0.745x471 Daily MA and the 150 Daily EMA
Note: a Signal of "top" doesn't necessarily mean "THE top" of a Bull Run - in 2013 there were two Top Signals, but in 2017 there was just one. There was one in 2021, however BTC rose again 6 months later to actually top at 69K, before the next Bear Market.
There is as much of a chance of two "bottom" indications occurring in a single bear market, as nearly happened in the Liquidity Crisis in March 2020.
On April 19 2024 (UTC) the Fourth Bitcoin Halving took place, as the 840,000th block was completed. It is currently estimated that the 5th halving will take place on March 26, 2028.
Motif-Motif Chart
MF Three Inside Up and Inside Down with Alerts
The 3 Inside Up and Down Indicator tends to be very useful to indicate a probable change of trend, specially after a pronounced or extended trend.
If the signal is not in counter of the trend (for example a three inside down appears on a downtrend), the signal can be ignored, is useful for counter trends or for identifying peaks and bottoms.
The most important addition to this indicator is the ALERTS!!
(So that you can get notification when they happen, choosing both 3IUp&Down or only one of them)
So just go to the Alerts Bottom on your Tradingview, select this indicator and then you are able to choose alerts for 3IUp and 3IDown or both
The indicator works by making sure that the third candle is lower (3Idown) or higher (3Iup) than the first candle while the second candle is contained on the body of the first candle
For flexibility, colors and labels can also be switched/changed on/off freely
The indicator was inspired by @coachkcrypto who uses it constantly
Enjoy!
Att. Migue
Moving Average Exponential050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505050505
EMA20-50-200 //EMA1
study(title="Moving Average Exponential", shorttitle="EMA", overlay=true, resolution="")
len = input(50, minval=1, title="Length")
src = input(close, title="Source")
offset = input(title="Offset", type=input.integer, defval=0, minval=-500, maxval=500)
out = ema(src, len)
plot(out, title="EMA", color=color.teal, offset=offset)
//EMA2
len2 = input(100, minval=1, title="Length2")
src2 = input(close, title="Source2")
offset2 = input(title="Offset2", type=input.integer, defval=0, minval=-500, maxval=500)
out2 = ema(src2, len2)
plot(out2, title="EMA2", color=color.orange, offset=offset2)
//EMA3
len3 = input(150, minval=1, title="Length3")
src3 = input(close, title="Source3")
offset3 = input(title="Offset3", type=input.integer, defval=0, minval=-500, maxval=500)
out3 = ema(src3, len3)
plot(out3, title="EMA3", color=color.blue, offset=offset3)
Mein SkriptBefore publishing, clearly define:
Purpose: What do you aim to achieve? (e.g., inform, entertain, educate).
Target Audience: Who are you creating for? Understand their needs, preferences, and habits.
Format: Choose the medium—book, blog post, podcast, video, or article.
Pro Tip: Outline your content to ensure clarity and consistency.
Project R
Script Description:
This Pine Script strategy, "Project R," is designed to assist traders in identifying optimal entry and exit points for trades by combining multiple technical indicators in a unique way. It integrates advanced trend-following methods and dynamic risk management tools to provide actionable signals for a variety of trading scenarios.
Core Components and Purpose:
1. Technical Indicator Integration:
- The strategy combines indicators such as Moving Averages, Relative Strength Index (RSI), MACD, and Stochastic Oscillator, alongside custom logic to filter out false signals and improve trading accuracy.
- Each indicator plays a specific role:
- Moving Averages : Identify overall trend direction.
- RSI : Detect overbought and oversold conditions.
- MACD : Confirm momentum and trend strength.
- Stochastic Oscillator : Pinpoint potential reversal points.
2. Entry and Exit Logic:
- The script generates buy and sell signals when key conditions from these indicators align, ensuring high-probability trades.
- Stop loss (SL) and multiple take profit (TP) levels are calculated dynamically based on market volatility (e.g., ATR-based adjustments), enabling precise risk and reward management.
3. Visualization and Real-Time Analysis:
- The script displays a table on the chart summarizing key trading metrics, including entry prices, SL/TP levels, and signal statuses.
- Candlestick markers and live trade progression indicators provide real-time visual feedback, helping traders make informed decisions without needing to manually track signals.
4. Multi-Timeframe Support:
- Designed to function effectively across different timeframes (e.g., 5 minutes, 1 hour, 4 hours), the strategy dynamically adapts its calculations, making it versatile for scalping, day trading, or swing trading.
5. Risk Management:
- By focusing on dynamic SL/TP levels and filtering trades based on specific indicator thresholds, the script minimizes the likelihood of poor entries and unnecessary losses.
- Trades are only considered "active" when all entry conditions are met, ensuring precision and reliability.
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How to Use the Script:
1. Apply the script to your desired chart and timeframe.
2. Observe the signals on the chart and in the table. Each signal includes:
- Suggested entry price.
- Stop loss level.
- Multiple take profit targets (TP1, TP2, TP3, TP4).
3. Use the visual markers to confirm trade setups, and monitor the trade's progression live.
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Key Innovations and Justification:
This script is not a simple mashup of indicators; it introduces original features by:
- Combining indicators in a way that enhances signal reliability and minimizes false signals.
- Dynamically calculating risk and reward parameters based on real-time market conditions.
- Offering traders a streamlined, user-friendly interface for tracking signals and performance.
The primary goal of "Project R" is to provide traders with a comprehensive and effective trading tool that reduces the guesswork in decision-making. It is particularly useful for traders who want to leverage multiple timeframes and market dynamics to improve their trading performance.
The Gold Box StrategySuggestions for Improving Entry and Exit Signals:
1. Filtering Signals with EMA Confluence:
Ensure that buy signals (bullish engulfing) are only triggered when the price is above the 20 EMA.
Ensure that sell signals (bearish engulfing) are only triggered when the price is below the 20 EMA.
This will reduce false signals and ensure trades are taken in the direction of the overall trend.
2. Round Number Levels Filtering:
You can add a condition to only allow entries when the price is near round numbers (e.g., within a certain dollar range from $5 intervals like 1775, 1780, etc.).
3. Session Filtering:
Ensure that trades are only taken during active trading sessions (London or New York) to avoid low-volatility periods where false signals are more likely.
7 PM Horizontal LinesThis Pine Script draws horizontal lines at 7 PM on the chart for dates ranging from January 10, 2022, to January 10, 2025. It uses the timestamp function to define the date range and checks if the current time matches 7 PM within the specified range. If the condition is met, it plots red horizontal lines with configurable styling.
Swing Short Entry - 3m GG-EKOverview of the Trading Strategy:
This code is optimized for 3-minute Swing Short entries. Below is a detailed explanation of how the strategy works:
Swing Lines: The code plots swing lines based on Swing High/Low within a defined look-back period. These levels help identify potential reversal points.
Short Entry Trigger: A Short entry is triggered when a candle pattern forms near a swing high or low, indicating a potential market reversal.
Default Stop Loss: The default stop loss is set at the breakout high/low, depending on the trade direction. This stop loss is dynamically calculated based on the price movement.
Extreme Loss Mechanism: If the breakout stop loss is too large, an Extreme Loss Mechanism is employed. For example, if the short entry is at 23500 and the breakout stop loss is at 23575, and an extreme stop loss of 35 points is set, then the stop loss will be adjusted to 23535 to avoid a large loss.
Maxi Candle Concept: To avoid holding a position for too long without hitting profit or stop loss, the Maxi Candle feature automatically closes a running trade if it has been open for too long. For example, if the trade was entered at 11:50 PM and no profit or stop loss has been hit by 12:30 AM, the Maxi Candle will trigger and close the trade.
Retest Candle Feature: This feature ensures that price action retests a level before confirming the trade, reducing false signals and improving trade accuracy.
Important Information:
Free Version: This free version of the strategy will stop showing signals after 17-01-2025. For extensions or upgrades (charges may apply), please contact me.
Custom Coding Services: I also provide coding services for your own setups at minimal charges. For more details, reach out to kgeaudit@gmail.com or DM me on X at @GGEK316.
Note: This strategy is designed for Nifty Future, where one lot consists of 25 units (not 75, as per the new rules).
straddle with Bollinger BandA straddle with Bollinger Bands combines an options trading strategy and a technical indicator for better analysis.
The Bollinger Bands overlay the combined premium (call + put prices), providing insights into volatility.
This setup allows traders to monitor breakouts or contractions in the total premium, aiding in decision-making for entry, exit, or risk management.
Large Wick IndicatorThis is a wick indicator which shows you 3X wick more than a body so it gives you idea to trade in the right direction
ZLSMA with Chandelier Exit and EMAThe "ZLSMA with Chandelier Exit" indicator integrates two advanced trading tools: the Zero Lag Smoothed Moving Average (ZLSMA) and the Chandelier Exit as well as a 200 EMA. The ZLSMA is designed to provide a smoothed trend line that reacts quickly to price changes, making it effective for identifying trends. The Chandelier Exit employs the Average True Range (ATR) to establish trailing stop levels, assisting traders in managing risk. 200 EMA is designed indicate a trend line.
Daily High-Low Levels (Same Day)Same Day Display: The high and low reset at the start of a new day (dayofweek != dayofweek or at midnight hour == 0 and minute == 0).
No Line Extension: The lines are set to extend=extend.none so they are confined to the current day.
Dynamic Updates: The lines update dynamically with intraday price action.
Custom First Candle HighlighterThe Customizable First Candle Highlighter is a flexible TradingView indicator designed to highlight the first candle of the trading day and the first candle of the trading week. It allows users to customize the hour and minute settings, making it suitable for different global markets such as Forex, Stocks, and Crypto.
First Candle of the Day Detection:
Highlights the first candle based on the user-defined market opening time.
Customizable hour and minute inputs for flexibility across different market sessions.
First Candle of the Week Detection:
Identifies the first candle of the week based on the same custom time.
Only activates on Mondays.
Customizable Visuals:
Green Highlight: For the first candle of the day.
Red Highlight: For the first candle of the week.
Customizable highlight colors.
Alerts:
Alerts notify the user when the first candle of the day or week is detected.
✅ Why Use This Indicator?
Intraday Traders: Mark the first candle of the session for key levels and market sentiment.
Swing Traders: Identify the first candle of the weekly open for market structure analysis.
Forex Traders: Customize for London, New York, or Tokyo market opens.
Stock Traders: Highlight pre-market or market open candles.
Crypto Traders: Mark daily and weekly opens for analysis.
✅ Customization Options:
Start Hour & Minute: Set your preferred market open time.
Day Highlight Color: Customize the first candle of the day color.
Week Highlight Color: Customize the first candle of the week color.
✅ How It Works:
Time Inputs: The user defines the hour and minute for market open.
First Candle of the Day: If the current candle matches the specified time, it gets highlighted.
First Candle of the Week: If it's Monday and the same time, a separate highlight is applied.
Alerts: Alerts trigger for both events when detected.
✅ How to Use:
Copy the script into TradingView's Pine Editor.
Adjust the hour and minute settings for your preferred market.
Save and apply the script to your chart.
Customize the colors for day and week candles.
✅ Benefits:
🕰️ Time-Sensitive Analysis: Ideal for marking key market opens.
🎯 Cross-Market Flexibility: Works for Forex, Stocks, and Crypto.
📊 Improved Chart Readability: Clean and minimal design.
🔔 Alerts for Key Events: Stay notified for critical price action moments.
Custom Time Candle LabelsHow It Works:
input.int fields allow you to set the hour and minute for both custom times from the indicator settings.
The script checks whether the current candle matches either of the input times.
Labels are plotted at the high of the candle for both custom times.
The label text dynamically displays the custom time you set.
Customization Options:
You can change the colors, label style, or label position as needed.
Would you like me to add any alerts or further features (e.g., showing labels at the low of the candle?
MOVING MODEMoving Mode indicator calculates and displays on the chart the mode (the most frequent value) of the closing prices of the last N bars (configurable). Unlike traditional moving averages, which can be distorted by extreme values, Moving Mode provides a more accurate representation of price behavior by reflecting the most common values.
This approach is based on the concept of "Moda Móvil" proposed by Pedro L. Asensio, who highlights that traditional moving averages can be misleading due to their sensitivity to extremes. The mode, on the other hand, offers a more realistic and market-adjusted alternative, unaffected by outliers.
I, Pedro L. Asensio, created the Moving Mode and Moda Móvil indicators in 2023
These indicators are free to use ;)
Engulfing Candle from YAVD
Цей індикатор створений для графіку японських свічок, відмічає бичачі і ведмежі свічки поглинання і може вас повідомляти. Ведмежі поглинаючі свічки змінюють колір на синій і бичачі поглинаючі свічки змінюють колір на жовтий. Я створив для себе, можливо комусь буде корисний
Comprehensive Dashboard with DecisionThis indicator provides a comprehensive dashboard with signals from multiple indicators including RSI, MACD, Bollinger Bands, and TDI. Ideal for traders looking for quick decision-making tools.
AI indicatorThis script is a trading indicator designed for future trading signals on the TradingView platform. It uses a combination of the Relative Strength Index (RSI) and a Simple Moving Average (SMA) to generate buy and sell signals. Here's a breakdown of its components and logic:
1. Inputs
The script includes configurable inputs to make it adaptable for different market conditions:
RSI Length: Determines the number of periods for calculating RSI. Default is 14.
RSI Overbought Level: Signals when RSI is above this level (default 70), indicating potential overbought conditions.
RSI Oversold Level: Signals when RSI is below this level (default 30), indicating potential oversold conditions.
Moving Average Length: Defines the SMA length used to confirm price trends (default 50).
2. Indicators Used
RSI (Relative Strength Index):
Measures the speed and change of price movements.
A value above 70 typically indicates overbought conditions.
A value below 30 typically indicates oversold conditions.
SMA (Simple Moving Average):
Used to smooth price data and identify trends.
Price above the SMA suggests an uptrend, while price below suggests a downtrend.
3. Buy and Sell Signal Logic
Buy Condition:
The RSI value is below the oversold level (e.g., 30), indicating the market might be undervalued.
The current price is above the SMA, confirming an uptrend.
Sell Condition:
The RSI value is above the overbought level (e.g., 70), indicating the market might be overvalued.
The current price is below the SMA, confirming a downtrend.
These conditions ensure that trades align with market trends, reducing false signals.
4. Visual Features
Buy Signals: Displayed as green labels (plotshape) below the price bars when the buy condition is met.
Sell Signals: Displayed as red labels (plotshape) above the price bars when the sell condition is met.
Moving Average Line: A blue line (plot) added to the chart to visualize the SMA trend.
5. How It Works
When the buy condition is true (RSI < 30 and price > SMA), a green label appears below the corresponding price bar.
When the sell condition is true (RSI > 70 and price < SMA), a red label appears above the corresponding price bar.
The blue SMA line helps to visualize the overall trend and acts as confirmation for signals.
6. Advantages
Combines Momentum and Trend Analysis:
RSI identifies overbought/oversold conditions.
SMA confirms whether the market is trending up or down.
Simple Yet Effective:
Reduces noise by using well-established indicators.
Easy to interpret for beginners and experienced traders alike.
Customizable:
Parameters like RSI length, oversold/overbought levels, and SMA length can be adjusted to fit different assets or timeframes.
7. Limitations
Lagging Indicator: SMA is a lagging indicator, so it may not capture rapid market reversals quickly.
Not Foolproof: No trading indicator can guarantee 100% accuracy. False signals can occur in choppy or sideways markets.
Needs Volume Confirmation: The script does not consider trading volume, which could enhance signal reliability.
8. How to Use It
Copy the script into TradingView's Pine Editor.
Save and add it to your chart.
Adjust the RSI and SMA parameters to suit your preferred asset and timeframe.
Look for buy signals (green labels) in uptrends and sell signals (red labels) in downtrends.
Warius L.H&TThis indicator works very simply and is uncomplicated. It only shows the LAST highs and lows for the respective time unit and only the most recent ones, no matter how small they are.
