Sessions [LuxAlgo]This indicator shows when user set sessions are active and returns various tools + metrics using the closing price within active sessions as an input. Users have the option to change up to 4 session times.
The indicator will increasingly lack accuracy when the chart timeframe is higher than 1 hour.
Settings
Sessions
Enable Session: Allows to enable or disable all associated elements with a specific user set session.
Session Time: Opening and closing times of the user set session in the hh:mm format.
Range: Highlights the associated session range on the chart.
Trendline: Returns the associated session trendline on the chart.
Mean: Returns the associated session mean average on the chart.
VWAP: Returns the associated session volume weighted average price on the chart.
Ranges Settings
Range Area Transparency: Transparency of the area highlighting sessions ranges.
Range Outline: Highlights the borders of the session range area.
Range Label: Shows the session label at the mid-point of the session interval.
Dashboard
Show Dashboard: Enables sessions dashboard on the chart.
Advanced Dashboard: Returns more information regarding user set sessions on the dashboard.
Dividers
Show Session Divider: Highlights active sessions using intervals on the bottom of the chart (this can lead to less responsive charts)
Show Daily Divider: Highlights days on the chart.
Usage
This tool is versatile and allows the user to perform a wide variety of tasks all focusing on highlighting and analyzing price movements within a specific user set session in a periodic fashion.
Significant forex trading sessions are used by default, but the users are free to choose the opening and closing time of their choices.
Using ranges can indicate which sessions returned the most volatile price movements.
Trendlines can be useful to estimate the underlying trend of a specific session, but they can also offer a quick way to see which session started a trend reversal.
The session Mean highlights the equilibrium level within a session, extrapolating these levels can provide potential support and resistances levels of interest.
Finally, users can use the sessions VWAP's for real time applications, using them as trailing supports and resistances.
Using The Advanced Dashboard
The advanced dashboard returns useful information regarding the user set sessions. Each dashboard elements are described below:
Status: Highlights whether the user set session is active (open) of inactive (closed).
Trend: Shows correlation coefficient between the session prices and a linear sequence of values. Values above 0 indicates an up-trending session, while values under 0 indicates a down-trending session. Values closer to (1, -1) indicates a more trending session.
Volume: Shows accumulated volume within the session
σ (Standard Deviation): Shows standard deviation of the session, while this value is not bounded it can be useful to compare it with the other ones to see which session was the most volatile.
Note that when a session becomes inactive the value on the dashboard will hold until the specific session becomes active again.
Cari skrip untuk "vwap"
Previous Day ValuesSay hello to the Previous Day Values Indicator, your new best friend in the world of trading. This script, written in the powerful Pine Script version 5, is designed to keep you informed about essential price levels from the previous day's trading session, right on your TradingView chart.
Here's how it works:
The script creates horizontal lines on your chart to represent the previous day's high, low, close, and VWAP (Volume Weighted Average Price) levels. Each level is color-coded for easy identification – red for the high, green for the low, blue for the close, and yellow for the VWAP. The lines extend to the right edge of the chart, allowing you to gauge where the current price stands in relation to these crucial levels.
But what makes this script unique is its ability to update dynamically with each new trading day. At the start of a new day, the script clears the lines from the previous day and draws new ones based on the latest data. It uses the request.security function to fetch the previous day's data for the current symbol, so you can rest assured that your information is always up-to-date.
There's also an added layer of customization built into this script. We understand that different traders might want to focus on different things, which is why we've included toggle options for each value. You can choose whether to display the previous day's high, low, close, or VWAP values, or any combination thereof. Just head to the settings and switch on/off the values you want to see.
The labels for these lines are placed further to the right of the screen for easy reading, without cluttering your chart. And if you're worried about distinguishing between them, don't be! Each label is color-matched to its corresponding line, so you'll know at a glance which is which.
In summary, the Previous Day Values Indicator is a versatile tool that can help you keep track of key price levels from the past trading day. Whether you're a seasoned trader or a beginner, this script is sure to be a valuable addition to your toolkit. Happy Trading!
[DisDev] D-I-Y Gridbot🟩 This script is a “do-it-yourself” Grid Bot Simulator, used for visualizing support and resistance levels. Prices are divided into grids, or trade zones, that will trigger signals each time a new zone is entered. During ranging markets, each transaction is followed by a “take profit.” As the market starts to trend, transactions are stacked (compare to DCA ), until the market consolidates. No signals are triggered above the upper gridline or below the lower gridline. Unlike the previous version, all grids may be adjusted in real-time by dragging the gridlines up and down to the desired support and resistance levels.
When adding the indicator to a new chart, you must choose six grid levels by clicking on the desired support or resistance price. You can change all of these levels at any time directly on the chart.
⚡ OVERVIEW ⚡
The D-I-Y Gridbot is an interactive tool designed for visualizing support and resistance levels. As a continuation of the original Gridbot Simulator , which has received significant recognition on TradingView, earning over 4000 boosts and an Editor's Pick status. This tool serves not only as an evolved version of its predecessor, but also as an open-source template for developing future gridbots. It aims to foster discussions and facilitate innovations around grid-trading strategies.
One of the new features of this gridbot is the real-time adjustability of all gridlines. Users can move these lines up and down to set their desired support and resistance levels in response to changing market conditions. Additionally, the D-I-Y Gridbot is compatible with multiple timeframes and can be used on most TradingView charts.
Drag gridlines up or down to desired price level.
Key Features 🔑
All gridlines are adjustable in real-time, directly on the chart
Signals can be filtered by a customizable moving average or by VWAP
Customizable support and resistance levels
Potentially increases profitability in ranging markets
Benefits 💸
Customizable Support and Resistance Levels : The D-I-Y Gridbot allows users to set their preferred support and resistance levels, which can be changed at any time directly on the chart. This provides users with the ability to customize their trading parameters based on their strategy and risk tolerance.
Various Trading Strategies : The D-I-Y Gridbot supports various trading strategies, including Mean Reversion, Ranging Markets, and Dollar-cost averaging (DCA). This allows users to capitalize on price reversals, execute buy and sell orders at predetermined levels, and buy more of an asset as the price falls, respectively.
Multi-Timeframe and Versatility : The D-I-Y Gridbot is compatible with multiple timeframes and can be used on any TradingView chart.
Experimental and Educational : The D-I-Y Gridbot is considered a proof-of-concept tool that is both experimental and educational. This can provide traders with a deeper understanding of grid trading strategies and the ability to experiment with different trading parameters and strategies.
⚙️ CONFIGURATION & SETTINGS ⚙️
Inputs 🔧
Trigger : Candle location to trigger the signal. "Wick" will use either high or low, depending on the signal direction. "Close" will use the close price. “MA” will use the selected moving average or VWAP.
Confirmation : Market direction to confirm the candle trigger. "Reverse" will confirm the signal when the price crosses back over the trigger. "Breakout" will confirm when the price breaks out of the trigger.
Number of Support/Resistance zones : 1 = Only Top Grid is Support/Only Bottom Grid is Resistance. 2 = Top two grids are Resistance/Bottom two grids are Support. 3 = Top three grids are Resistance/Bottom three grids are Support
MA Type : Exponential Moving Average (EMA), Hull Moving Average (HMA), Simple Moving Average (SMA), Triple Exponential Moving Average (TEMA), Volume Weighted Moving Average (VWMA), Volume Weighted Average Price (VWAP)
MA Filter : Use Moving Average as a reversion filter for signals. When enabled, no buys when above MA, no sells when below. Use in conjunction with S/R zones to reduce false signals.
Allow Repeat Signals . When enabled, signals will reset when nearest gridline is triggered. When disabled, only one signal will be triggered per gridline.
Line/Fill colors
Gridlines . Adjusts gridline prices manually.
Left : Trigger = Wick. Confirm = Breakout. Buys are signaled when LOW breaks below gridline. Sells are triggered when HIGH breaks above gridline.
Right : Trigger = Close. Confirm = Breakout. Buys are signaled when the candle CLOSES below the gridline. Sells are triggered when the candle CLOSES above the gridline.
Left : Confirm=Breakout. Signals on breaking through the next gridline.
Right : Confirm=Reverse. Signals only when crossing back from the gridline.
S/R Zones=1. Upper gridline is Resistance / Lower is Support. Middle 4 are neutral.
S/R Zones = 3. Upper three gridlines are Resistance / Lower three are Support
Notes:
If gridlines are dragged out of order on a live chart, they will auto-sort into the correct order.
Price levels may be entered in settings, or adjusted in real-time directly on the chart.
When changing symbols, remember to adjust the gridlines to accommodate the new symbol.
Alerts 🔔
Users can set alerts based on their chosen parameters for triggers, confirmations, number of support/resistance zones, and smoothing type, enabling precise control over alert conditions.
💡 USAGE & STRATEGY 💡
Trading Strategies 📈
Mean Reversion: The script can be used to capitalize on price reversals back to the mean.
Ranging Markets: The script excels in ranging markets, executing buy and sell orders at predetermined levels.
Dollar-cost averaging (DCA): The script can be used to execute DCA orders, buying more of an asset as the price falls, and lowering the average cost per unit.
Timeframes and Symbols ⌚
Multi-Timeframe: The indicator is compatible with multiple timeframes.
Versatile: Can be used on any crypto trading pair on TradingView.
🤖 DETAILS & METHODOLOGY 🤖
Algorithm and Calculation 🛡️
Grids are set and adjusted when loading the indicator on the chart and may be customized anytime afterward by clicking and dragging the gridlines on the chart.
Gridlines are updated, sorted, and stored in a float array.
Signals are calculated based on candle trigger, market direction, and previous price level.
📚 ADDITIONAL RESOURCES 📚
Chart Examples 📊
S/R Zones = 3: Three Support and Three Resistance. Filter = 50-period Triple Exponential Moving Average (TEMA)
S/R Zones = 1: One Support, One Resistance, and Four Neutral Zones. Support Zones: Buys only. Resistance Zones: Sells only. Neutral Zones: Grid-dependent
When MA filter is enabled, Buys are only triggered below Moving Average, and Sells are only triggered above.
Trigger = Wick. Confirmation = Breakout. Buys are signaled when Low breaks above the next grid level. Sells are signaled when High breaks below the next grid level.
🚀 CONCLUSION 🚀
The D-I-Y Gridbot is a proof-of-concept, emphasizing its experimental and educational nature. In future versions, we will aim to incorporate concepts such as auto-adjusting grids and angled grids for trending markets. The script is designed to evolve through user feedback and suggestions, shaping its future iterations.
Credit: This is a continuation of the Gridbot series by xxattaxx-DisDev . Explicit permission was granted by user xxattaxx-disdev to re-use all Gridbot code and all materials without restrictions.
⚠️ DISCLAIMER ⚠️
This indicator is a proof-of-concept and is considered experimental and educational. When gridlines are drawn in hindsight, signals appear to be predictive and valid. Future results may always vary when the trend direction changes. Comments and suggestions are encouraged.
This indicator is provided as a tool for traders and should not be used as the sole basis for making trading decisions. Always conduct your own research and consider your risk tolerance before entering any trades.
SPY to ES or QQQ to NQThis indicator is used to automatically map SPY VWAP and 10 levels of your choice to ES / MES or map QQQ VWAP and 10 levels of your choice to NQ / MNQ . Since SPY and QQQ have the same price action as their futures iteration, there seems to a direct correlation between their levels and VWAP. This indicator is made to easily map the key levels of your choice to the appropriate futures instrument.
HDT CloudsHDT Clouds combines custom clouds such as the 200EMA/MA cloud indicator to create high confluence bounce zones when combined with VWAP. The HDT indicator combines various clouds with the Volume Weighted Average Price indicator and Standard Deviations which allow users to identify areas on the chart where the stock may reverse.
On smaller time frames, like the 5/15/30minute, the 200ema/ma cloud and VWAP (when sitting in the same relative area) creates pockets of supply or demand.
In addition, the various moving average clouds, such as the 8/9ema cloud and the 34/50ema cloud, create areas of supply and demand depending on the overall trend. If the stock is trending very strongly to the upside, the 8/9ema can be used as a potential bounce area. Whereas, if the stock is trending, but not quite as strong, the stock may have demand at the 34-50ema where the stock could see a potential bounce to the upside. What sets this indicator apart from other moving average clouds is the incorporation of VWAP/Standard Deviation and the combining of a 200EMA/MA indicator which creates a strong pocket of demand even on lower time frames such as the 5 or 15 minute time frame.
.srb suiteThe essential suite Indicator.
that are well integrated to ensure visibility of essential items for trading.
it is very cumbersome to put symbol in the Tradingview chart and combine essential individual indicators one by one.
Moreover even with such a combination, the chart is messy and visibility is not good.
This is because each indicator is not designed with the others in mind.
This suite was developed as a composite-solution to that situation, and will make you happy.
designed to work in the same pane with open-source indicator by default.
Recommended visual order ; Back = .srb suite, Front = .srb suite vol & info
individually turn on/off only what you need on the screen.
BTC-agg. Volume
4 BTC-spot & 4 BTC-PERP volume aggregated.
It might helps you don't miss out on important volume flows.
Weighted to spot trading volume when using PERP+spot volume .
If enabled, BTC-agg.Vol automatically applied when selecting BTC-pair.
--> This is used in calculations involving volumes, such as VWAP.
Moving Average
1 x JMA trend ribbon ; Accurately follow short-term trend changes.
3 x EMA ribbon ; zone , not the line.
MA extension line ; It provide high visibility to recognize the direction of the MA.
SPECIAL TOOLS
VWAP with Standard Deviation Bands
VWAP ruler
BB regular (Dev. 2.0, 2.5)
BB Extented (Dev. 2.5, 3.0, 3.5)
Fixed Range Volume Profile ; steamlined one, performace tuned & update.
SPECIAL TOOLS - Auto Fibonacci Retracement - New GUI
'built-in auto FBR ' has been re-born
It shows - retracement Max top/ min bottom ; for higher visibility
It shows - current retracement position ; for higher visibility
The display of the Fib position that exceeds the regular range is auto-determined according to the price.
tradingview | chart setting > Appearance > Top margin 0%, Bottom margin 0% for optimized screen usage
tradingview | chart setting > Appearance > Right margin 57
.srb suite vol & info --> Visual Order > Bring to Front
.srb suite vol & info --> Pin to scale > No scale (Full-screen)
Visual order ; Back = .srb suite, Front = .srb suite vol & info
1. Fib.Retracement core is from tradingview built-in FBR ---> upgrade new-type GUI, and performance tuned.
2. Fixed-range volume-profile core is from the open-source one ---> some update & perf.tuned.
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if you have any questions freely contact to me by message on tradingview.
but please understand that responses may be quite late.
Special thanks to all of contributors of community.
The script may be freely distributed under the MIT license.
scalping2sahilnarkarThis is the a bit edited to the previous script. As per regulations i have kept this as an open script.
The only Difference to confirm your support resistance levels is an addition of simple moving average 21.
Rules are the Same-
- Trade long when above vwap and 21EMA
- Trade Short when below the VWAP.
EMA21 and EMA50 acts as support where as SMA 21 will show the Trend.
Even though This script is purely based on EMA's, i tend to find the SMA21 as a good Support resistance/support while taking a trade as it avoids the wipsaws while taking an entry.
Please Note-
-This is a scalping Script so book profits and keep stoplosses accordingly.
-When you put this script on the screen, remove everything except EMA9,EMA21,EMA50,EMA200 and the SMA21(keep the arrows and edit the arrows as you want)
-This is not a plug and play script so tune it as you want on the settings.
-Please consider using a VWAP always.
-I have made this script after putting it into many indian stocks you have to tune it as per your stock exchange.
Gold IBH/IBL with IBM, Overnight Levels, OVM, and ONVPOCThe Initial Balance (IB) indicator for gold trading is a valuable tool for identifying key price levels and potential trade setups. Here's an overview of how it works:
Initial Balance Calculation
The Initial Balance for gold is calculated from 8:20 AM to 9:20 AM EST, coinciding with the COMEX open. This one-hour period establishes crucial reference points for the trading day.
Key Levels
The indicator displays several important price levels:
IB High: The highest price reached during the Initial Balance period
IB Low: The lowest price reached during the Initial Balance period
IB Midpoint: The average of the IB High and IB Low
These levels often serve as significant support and resistance areas, with many traders placing stop-losses around them.
Overnight Levels
In addition to the IB levels, the indicator shows overnight price action:
ONH: Overnight High
ONL: Overnight Low
ONM: Overnight Midpoint
Overnight VWAP: Volume Weighted Average Price from the overnight session
These overnight levels have a high probability of being tested during the COMEX trading session, making them valuable reference points for traders.
Trading Applications
Traders can use the IB and overnight levels for various purposes:
Setting profit targets
Identifying potential trade entry points
Managing risk by placing stop-losses at key levels
Gauging overall market sentiment and volatility
The levels established during both the Initial Balance and overnight sessions are likely to be touched during the COMEX trading session. This insight allows traders to make more informed decisions and enhances their trading strategies.
If you have more questions about the trading strategy, please DM me, and I can explain further. I also have probabilities of all these levels being broken during the COMEX trading hours, which gives us confidence to hold our trades to targets.
Understanding and utilizing these levels can provide traders with a competitive edge in gold trading, helping them make more informed decisions based on early market dynamics and overnight price action.
Chart Champions - Part 3 - SessionsThank you for sparing you time to read my indicator.
This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved.
Chart Champions – Part 1 –Lvls nPOC VWAPS
This indicator is broken down into:
• Levels
• VWAPS
• Naked Point of Control
Levels
It displays the levels to the right of the price Axis to enable the user to have a cleaner chart.
The below levels will automatically appear:
dOpen – pdHigh – pdLow – pdEQ – pwEQ
Optional Levels include:
mOpen – pmOpen – pdOpen – dbyOpen – wOpen – pwOpen
VWAPs
Optional VWAPs
Daily (including pdVWAP close) – Weekly – Monthly
Naked Points of Control (nPOC)
To view the nPOC move the chart back in time to pick up the nPOCs.
Chart Champions – Part 2 – CCV IBs POC
This indicator is broken down into:
• Chart Champions Value
• Initial Balance
• Points of Control
Chart Champions Value (CCV)
CCV is based on the 80% rule of the dOpen opening outside of the pdVAH/pdVAL. Please do you own research to fully understand how this trading strategy works (readily avaliable online).
Initial Balance (IB)
IB is based on the first 60 minutes of the market opening. It captures the highest and lowest points within that 60 minutes. Please do you own research to fully understand how this trading strategy works (readily avaliable online).
Points of Control (POCs)
POC are the price levels where the most volume was traded.
Developing POC (dPOC) will constantly move with volume/price action through out the day.
Optional POCs
Previous Day POC (pdPOC) – Day Before Yesterday POC (dbyPOC)
Chart Champions – Part 3 – Sessions - Manual Input
This indicator is broken down into:
• Manual Inputs (daily, weekly, monthly)
• IGOR SessionsTtimes
• Pre + Market Openings
Manual Input
Daily x3
Weekly x 3
Monthly x 3
This allows the trader to put in specific levels.
IGOR Session Times
This is a user specific requirement to highlight cetain times during the day, displayed at the bottom of the chart in the colour strip.
Pre + Market Openings
This allows the user to see when pre market trading has started and with the live maket has started, displayed at the top of the chart in colours.
A huge thank you goes out to:
Stackoverflow users AnyDozer and Bjorn.
TV user ahancock for allow me use of this code.
Disclaimer the lower the timeframe the more information it processes.
Chart Champions - Part 2 - CCV IBs POCsThank you for sparing you time to read my indicator.
This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved.
Chart Champions – Part 1 –Lvls nPOC VWAPS
This indicator is broken down into:
• Levels
• VWAPS
• Naked Point of Control
Levels
It displays the levels to the right of the price Axis to enable the user to have a cleaner chart.
The below levels will automatically appear:
dOpen – pdHigh – pdLow – pdEQ – pwEQ
Optional Levels include:
mOpen – pmOpen – pdOpen – dbyOpen – wOpen – pwOpen
VWAPs
Optional VWAPs
Daily (including pdVWAP close) – Weekly – Monthly
Naked Points of Control (nPOC)
To view the nPOC move the chart back in time to pick up the nPOCs.
Chart Champions – Part 2 – CCV IBs POC
This indicator is broken down into:
• Chart Champions Value
• Initial Balance
• Points of Control
Chart Champions Value (CCV)
CCV is based on the 80% rule of the dOpen opening outside of the pdVAH/pdVAL. Please do you own research to fully understand how this trading strategy works (readily avaliable online).
Initial Balance (IB)
IB is based on the first 60 minutes of the market opening. It captures the highest and lowest points within that 60 minutes. Please do you own research to fully understand how this trading strategy works (readily avaliable online).
Points of Control (POCs)
POC are the price levels where the most volume was traded.
Developing POC (dPOC) will constantly move with volume/price action through out the day.
Optional POCs
Previous Day POC (pdPOC) – Day Before Yesterday POC (dbyPOC)
Chart Champions – Part 3 – Sessions - Manual Input
This indicator is broken down into:
• Manual Inputs (daily, weekly, monthly)
• IGOR SessionsTtimes
• Pre + Market Openings
Manual Input
Daily x3
Weekly x 3
Monthly x 3
This allows the trader to put in specific levels.
IGOR Session Times
This is a user specific requirement to highlight cetain times during the day, displayed at the bottom of the chart in the colour strip.
Pre + Market Openings
This allows the user to see when pre market trading has started and with the live maket has started, displayed at the top of the chart in colours.
A huge thank you goes out to:
Stackoverflow users AnyDozer and Bjorn.
TV user ahancock for allow me use of this code.
Disclaimer the lower the timeframe the more information it processes.
OHLC/4 Daily vs Quarterly CrossOHLC/4 Daily vs Quarterly Cross
The "OHLC/4 Daily vs Quarterly Cross" indicator is a powerful tool designed to provide traders with insights into trend alignment and potential market turning points. By calculating the average of the open, high, low, and close prices (OHLC/4), this script compares the daily average price action with the quarterly average to identify significant crossover events.
This indicator features two distinct lines: the Daily OHLC/4 and the Quarterly OHLC/4, each plotted in different colors for easy differentiation. A crossover occurs when the daily OHLC/4 moves above the quarterly average, potentially signaling bullish momentum or a shift in market direction. Conversely, a crossunder marks the daily OHLC/4 moving below the quarterly level, indicating potential bearish sentiment or a reversal.
With real-time plotting and built-in alert conditions, this script enables traders to stay ahead of critical market movements by setting automated notifications for crossover events. Whether you're seeking to confirm trends or identify new opportunities, the "OHLC/4 Daily vs Quarterly Cross" delivers clarity and actionable insights for more informed decision-making.
Daily RTH Moving Average On Intraday Timeframes [vnhilton]This indicator is intended for intraday use from the daily timeframe down to the 1 minute. Outside this range, the indicator won't work as intended.
Higher timeframe moving averages are step-lines as they use values from higher timeframes to calculate the moving average. To have a smoother moving average from higher timeframes plotted on lower timeframes, this indicator uses the chart timeframe's candles, allowing for a smooth higher timeframe moving average. This indicator also includes Bollinger Bands. Note that the indicator only uses values from regular trading hours, as to not give weighting to values from extended trading hours.
In the chart above, at October 7th, pre-market price action is bearish due to fundamentals around US employment data. This day led to an all-day-fader, stopping above the June low after attempting to break down the level again (previous breakdown attempts led to the September low). Note that the price is within the Bollinger bands of the 5 day moving average. We can see in the following days that $SPY trended downwards, staying below the anchored VWAP when the October 7th news released, & pay attention to October 10th, where price attempts to make a new low-of-day but ends up outside the 5 day period ma, leading to a reversal. Look at October 13th, where pre-market price action again shows bearish sentiment, but due to fundamentals around CPI data. $SPY opens below the September low, but also ends up outside the daily 5 period MA bands, meaning that the downside extension has extended too far, signalling for a reversion to the mean. This is why October 13th didn't lead to another all-day-fader, & instead trapped sellers trying to short the pre-market low, helping to fuel the relief rally to cause the upsides the June & September lows, & the anchored VWAPs from both significant pre-market events, to be reclaimed, where price pauses at the confluence of the 5 day moving average & the June low.
MTF EMASMulti time frame EMA
This script will plot the configured EMAS on the current time frame (CTF) and also the same EMAS on a higher time frame (HTF).
Hard coded according:
* 5m EMAS will be plotted on TF bellow 5m
* Daily EMA will be plotted on TF above 5m and bellow 1D
* Weekly EMA will be plotted on daily TF
* Monthly EMA will be plotted on weekly TF
This configuration give us the opportunity to watch EMA support/resistance from HTF on the CTF
CBC FlipThis is an indicator for the Candle By Candle (CBC) Flip strategy as created by @MapleStax
It’s useful to traders because it’s a simple approach to gauge if bulls or bears are in control for any particular candle. The logic is as follows:
If the most recent candle close is above the previous candle high, then bulls are in control.
If the most recent candle close is below the previous candle low, then bears are in control.
If neither of these 2 conditions are met, then whoever was already in control remains in force until one of the 2 conditions is met and the sentiment is flipped, hence the name CBC Flip.
My script is original because there are no other CBC Flip scripts available on TV. This is the first, which is why I created it, to help other traders benefit from the power of CBC Flips.
The indicator output is simply interpreted as follows:
Triangle up = bulls in control
Triangle down = bears in control
In my experience this script is best used on the 5 or 10 minute time frames, as it helps to keep you in the trade for the bigger moves once a trend is established, while not getting shaken out from the “noisy” up/down candle price action of lower time frames like the 1 minute.
I’ve also had more success with this indicator when only taking long trades once the green triangle appears and price is above VWAP, and only taking short trades once the red triangle appears and price is below VWAP.
Anchored Moving Average By Market Mindset - Zero To EndlessAnchored Moving Average?
An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic.
In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP.
WMA is relevant if big moves are there.
SMA is relevant if volume data is not to be considered or if it is not available.
VWAP is the standard anchored MA, which is most commontly used. Is consider the volume data along with the price move.
In this indicator, Auto anchor is time based anchor. A trader can opt for Pivot Type Anchor or Volume Type Anchor or some higher resolution based anchor too. The length of the pivot lookback can also be changed by the user.
It can be used for intraday, swing trading and even for technical based investment purpose.
SPDR TrackerMonitor all SPDR Index Funds in one location! The purpose of this indicator is to review which sectors are trend up vs down to better manage risk against SPY, other funds and/or individual stocks.
With this indicator it may become more apparent which sectors to begin investment in that are at lows compared to others, or use it to determine which stocks may be undervalued or overvalued against SPY.
There is a small table at the bottom where each fund symbol is presented along with it's mode value, last period change as well as last period volume - there's a tooltip that shows the description for each symbol for a quick reminder.
Review the configuration pane where:
Individual funds can have their visibility toggled
Change funds colors
Adjust display mode for each fund (SMA, EMA, VWMA, BBW, Change, ATR, VWAP - many more!)
Some presentation modes may look better on some timeframes vs others, adjust lengths and use anchor point for VWAP.
Future updates may bring about new features, I have some code organization and refactoring to do but wanted to share the idea anyways.
Feel free to drop any suggestions for feature enhancement and I hope it brings success to many, enjoy.
(Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff]Hello!
This indicator is a multifaceted tool that's, hopefully, useful for price action and volume analysis.
(This script makes use of the newly introduced "text_font" parameter)
With this script you'll have access to:
Range US Chart
Volume Aggregation Chart
Gaps Chart
Volume by Quartile
Consequently, you'll have access to:
First Quartile Volume Threshold
Second Quartile Volume Threshold
Third Quartile Volume Threshold
90th Percentile Volume Threshold
Fourth Quartile Volume Threshold
Q2 - Q1 Dispersion
Q3 - Q2 Dispersion
Q4 - Q3 Dispersion
Quartile Deviation
Interquartile Range
Avg. "n" bar return following "high" volume
Avg. "n" bar positive return following "high" volume
Avg. "n" bar negative following "high" volume
# of Positive Returns Following a Gap
# of Negative Returns Following a Gap
# of Gaps
# of Up Gaps
# of Down Gaps
Average # of bars to fill Up Gaps
Average # of bars to dill Down Gaps
Average Gap Up % increase
Average Gap Down % decrease
Cumulative % increase of all Up Gaps
Cumulative % decrease of all Down Gaps
Sort gaps by distance from price
Hide gaps that price substantially deviates from (gaps will reappear when price trades near the gap)
Segment Range US bars by date
Manually configure Range US price thresholds
Identify "congestion" areas with Range US bars
Range US Levels that must be exceeded for a new Range US bar to produce
Manually configure cumulative volume threshold for Volume Aggregation bars
Segment Volume Aggregation bars by date
Largest Volume Aggregation bar increases
Largest Volume Aggregation bar decreases
Calculate log returns after "high" volume sessions
Quartile Volume
The Quartile Volume portion of the script segments price/volume intervals by quartile.
The image above shows features of the indicator.
For statistics, the following metrics are recorded:
First Quartile
Second Quartile
Third Quartile
90th Percentile
Fourth Quartile
Q2 - Q1 Dispersion
Q3 - Q2 Dispersion
Q4 - Q3 Dispersion
Quartile Deviation
Interquartile Range
Color-coordinated price bars (by volume quartiles)
The percent rank for the volume of the current bar
Avg. "n" bar return following "high" volume
Avg. "n" bar positive return following "high" volume
Avg. "n" bar negative following "high" volume
The script colors bars via gradient.
By default, bars are colored lime when volume for the interval is "high" (exceeds upper quartile thresholds). The greener the bar, the higher the volume for the interval.
Bars are colored red when volume for the interval is "low" (fails to exceed lower quartile thresholds). The redder the bar, the lower the volume for the interval.
Naturally, brownish-colored bars reflect a volume interval that concluded near the median.
The image above exemplifies the process. This feature might be useful to categorize / objectively define high-volume clusters, low-volume clusters, high-volume price moves, low-volume price moves, etc.
For greater precision, you can select to color bars by volume quartile they belong to.
The image above shows color-coordinated price bars. More details shown in the image.
Additionally, you can select to plot the quartile/percentile that a price bar belongs to on the chart.
The image above shows price bars numbered by the volume quartile they belong to.
The script will distinguish successive 90th percentile violations, superimpose a linear regression channel atop the data sequence, and record pertinent statistics.
The image above shows the process.
Lastly, the user can plot an anchored VWAP using a built-in time function.
The image above shows the anchored VWAP.
Range US Chart
A Range US chart operates irrespective of time and volume - simply - bars produce after a user-defined price move is achieved/exceeded in either direction. A range us chart produces “trend candles” and “reversal candles”. A reversal candle always moves against the most immediate bar; a trend candle always moves in favor of the most immediate bar. The user defines the dollar amount price must travel up/down for a trend candle to fulfill, and for a reversal candle to fulfill.
Note: if a “down reversal” candle (red) Is produced, it’s impossible for the next candle to also be a down reversal candle - for the downside move to continue the criteria for a down trend candle must be fulfilled. Similarly, if an “up reversal” candle (green) Is produced, it’s impossible for the next candle to also be an up reversal candle - for the upside move to continue, the criteria for an uptrend trend candle must be fulfilled. Consequently, Range US bars frequently trade at the same level for extended periods. This is intentional, as this chart type is theorized to “filter noise” (whether Range US charts fulfill this theory is to your discretion).
Lastly, if an up trend candle (green) is produced, the next candle cannot be up a reversal up candle - only a trend up candle or reversal down candle can produce - vice versa for a trend down candle (the subsequent candle cannot be a reversal down candle). In this sense, an uptrend continues on successive trend up candles; a down trend continues on successive trend down candles.
The image above exemplifies Range US chart functionality.
The lower-right stats table shows the requisite price move for a "Trend" candle to produce and for a "Reversal" candle to produce.
The default settings for this chart time automatically calculate the required "Trend" candle price move and the required "Reversal" candle price move. However, both settings are configurable.
The image above shows manually configured parameters for a trend bar and reversal bar to produce. This feature allows the user to replicate the Range US chart hosted on extrinsic charting platforms.
However, please consider that this script does not use tick data; 1-minute OHLC data is used for calculations.
Consequently, configuring the trend bar and reversal bar requirement too low may return inaccurate data. For instance, if you set trend candles to form after a $1 price move then trend candles will form if price moves up $1 from a green Range US bar or down $1 from a red Range US bar. This is sufficient for lower priced assets; however, if you were trading, for instance, Bitcoin - a $1 price move can happen numerous times in one minute. This script can’t plot bars and record data until a 1-minute bar closes and a new 1-minute bar opens. Further, if Bitcoin moves up $1 twenty times and down $1 twenty times in a 1-minute bar - your Range US chart will record such variations as one price move. This data is inaccurate and likely useless.
To counter this quandary, a warning message will appear if you configure trend bar price moves or reversal bar price moves too low.
The image above shows the concealable warning message.
The image above is a flow diagram (made with shaky hands) illustrating the Range US bar formation process.
A google search will return additional information on the Range US chart type.
Volume Aggregation Bars
TradingView user and member of the TradingView Discord server @ferreirajames informed me of the Volume Aggregation chart type. The user commented in the "Suggestions" channel for the TradingView Discord server asking for the Volume Aggregation chart type. As an interim fix, I tried my hand at recreating the process, which is available in this script.
Similar to the Range US chart type, Volume Aggregation bars aren’t bound to a time-axis; the bars form after a user-defined, cumulative amount of volume is achieved or exceeded. Consequently, once the cumulative amount of volume is achieved or exceeded - a bar is produced at the corresponding price level.
Underlying theory: The chat type is conducive to identifying price levels where traders are “trapped”. Whether the process adequately distinguishes this circumstance is to your discretion.
The image above exemplifies the Volume Aggregation chart type.
Regardless of the current price, Volume Aggregation bars for after a requisite amount of volume is achieved/exceeded. Tick data isn't used; therefore, remainder values are carry over.
By default, the script automatically calculates a proportional cumulative volume total to dictate the formation of Volume Aggregation bars. However, the cumulative threshold is configurable.
The image above shows Volume Aggregation bars forming subsequent a user-defined cumulative volume total being exceeded.
Note: This chart type uses OHLC data from the timeframe of your chart. Therefore, for instance, setting the volume threshold too low will produce inaccurate, useless data.
A warning message will appear for such occurrence.
Gaps
The indicator incorporates a "Gaps" chart type.
The image above shows accompanying features.
A list of all unfilled gaps is accessible - gaps for this list are sorted by distance from current price.
Partially filled gaps are displayed in the corresponding gap box - the percentage amount the gap was filled is also displayed.
Gap statistics show:
# of Gaps
# of Up Gaps
# of Down Gaps
Average # of bars to fill Up Gaps
Average # of bars to dill Down Gaps
Average Gap Up % increase
Average Gap Down % decrease
Cumulative % increase of all Up Gaps
Cumulative % decrease of all Down Gaps
Naturally, there may be gaps formed thousands of bars ago that aren't close to price. Showing these gaps on the chart will "scrunch" the y-axis and make prices indistinguishable.
I've added a setting that allows the user to hide gaps that are "n" % away from the current price. The gap, if unfilled, will reappear when price trades within the user-defined percentage.
The image above shows an example. There's an unfilled down gap that's "hidden" because the current price is a further % away from price than what I've specified in the settings (1%). When prices trade back within 1% of the gap - it will reappear.
The image above shows the process in action. Prices moved back within 1% (can be any %) of the gap; therefore, it reappeared on the chart.
You can also set the % distance a gap must achieve for it to be considered a gap, recorded and plotted. Additionally, you can select to "visualize" gaps. Similar to the Range US chart and the Volume Aggregation chart, this setting will bars reflecting the most recent sequence of gaps - date and percentage distance of the gap are superimposed atop the bar.
Let me know if there's anything else you'd like included!
Note: The initial compilation time for this script is.... high. However, once the script's compiled, calculation load times are quick and you can sift through assets and timeframes relatively quick.
There's also a setting to "Improve Load Times" in the user-inputs table. This setting only improves the load times for post-compilation calculations and plots. The initial compilation load time is unchanged. Simply, once the indicator has "first loaded", all subsequent loads are quick.
Thank you! (:
Percentage Volume VolatilityI was looking for a script similar to ATR that would show percentage point volatility relative to current price. It's way easier to compare 2 different tickers, with similar entry conditions, and judge witch one has bigger gains predisposition than calculating everything with just ATR value.
Unfortunately I haven't found any, so there is one I've composed out of ATR and VWAP. First choice is self explanatory, the VWAP on the other choice in my opinion shows more faithful average price than SMAs or EMAs. Feel free to adjust the script if You feel like it.
Cheers - Mizer.
Price Weighted VolumeReally simple: VWAP idea applied to volume, to see how much actual value is moving around. Great for assets pegged to fiat like USD, as it then shows how many dollars moved.
It's fun to pair with a long-term VWAP.
[FT]volume confirmation
I was inspired by an article talking about volume confirmation on breakouts. I find volume in isolation to be misleading at times. But I do like the concept of VWAP. What if you had a moving average influenced by volume ( VWAP ), and another moving average not influenced by volume ( SMA ) both calculated using the same price inputs and period length. If you compare the two and take their difference, the resulting histogram would be just the volume influence. This is not tested or vetted in any way. Maybe it'll inspire someone else to do more with it. I made it into a percentage scale, just to potentially better show the context of the range.
Enjoy.
Chart Mojo Noiz Day High/LowThis is an intraday indicator that indicates days high, low, mid range (50%), and vwap. I use it on a 5 min chart or under. Its for range trading, also breakouts, and I use the zone between the 50% of range and vwap as a target during the day at certain times..it has "gravity" ..when traders unwind and or position ahead of something, news or certain time zones with tendencies etc price is drawn towards it. Thanks to Noiz for working on the script. Hope it gives you some Chartmojo.
On Balance True Range and Kalman FilterThis is a modification of On Balance True Range where the plot is made on the chart based on VWAP. Getting the previous day values of this logic is useful in determining the major pivot points during the day. The intra day VWAP is also plotted to know if the price is being traded above or below the average price.
The script also has a Kalman Filter based moving average that acts as a short term moving average.
Under09_01Parametros de entradas
Activo->btc xbtusd (Bitmex)
Temporalidad->2h
SL-> 0.2
TP->12.2
Angulo->4.2
p->2
longitud->27
//@version=4
//
// ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ //
//Ultima version underground09
strategy(title = " underground09",
shorttitle = "Under09",
overlay = true,
precision = 8,
calc_on_order_fills = true,
calc_on_every_tick = true,
backtest_fill_limits_assumption = 0,
default_qty_type = strategy.fixed,
default_qty_value = 2,
initial_capital = 10000,
pyramiding=5,
currency = currency.USD,
linktoseries = true)
//
// ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ //
var sl = 0.0
var tp = 0.0
var acumaldor_vxp = 0.0
var acomuldor_vol = 0.0
//stop_loss = input(defval=0.2, title="Porcentaje Stop Loss", type=input.float, step=0.2)
stop_loss = input(defval=1.4, title="Porcentaje Stop Loss", type=input.float, step=0.2)
//take_profit = input(defval=4.4, title="Porcentaje Take Profit", type=input.float, step=0.2)
take_profit = input(defval=5.6, title="Porcentaje Take Profit", type=input.float, step=0.2)
//pintar_trade = input(defval=false, title="Pintar trade TP SL")
angulo_permitido = input(defval=26.8, title="Angulo permitido", type=input.float, step=0.2)
backTestSectionFrom = input(title = "═══════════════ From ═══════════════", defval = true, type = input.bool)
FromMonth = input(defval = 1, title = "Month", minval = 1)
FromDay = input(defval = 1, title = "Day", minval = 1)
FromYear = input(defval = 2019, title = "Year", minval = 2014)
backTestSectionTo = input(title = "════════════════ To ════════════════", defval = true, type = input.bool)
ToMonth = input(defval = 31, title = "Month", minval = 1)
ToDay = input(defval = 12, title = "Day", minval = 1)
ToYear = input(defval = 9999, title = "Year", minval = 2014)
Config = input(title = "══════════════ Config ══════════════", defval = true, type = input.bool)
//p = input(6)
p = input(4)
//length = input(30)
length = input(26)
//
backTestPeriod() => (time > timestamp(FromYear, FromMonth, FromDay, 00, 00)) and (time < timestamp(ToYear, ToMonth, ToDay, 23, 59))
//
//
// ▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒ //
x1 = bar_index
x2 = sqrt(x1)
y = high
//
S11 = sum(x2,length) - sqrt(sum(x1,length)) / length
S12 = sum(x1*x2,length) - (sum(x1,length) * sum(x2,length)) / length
S22 = sum(sqrt(x2),length) - sqrt(sum(x2,length)) / length
Sy1 = sum (y*x1,length) - (sum(y,length) * sum(x1,length)) / length
Sy2 = sum (y*x2,length) - (sum(y,length) * sum(x2,length)) / length
//
max1 = sma(x1,length)
max2 = sma(x2,length)
may = sma(y,length)
b2 = ((Sy1 * S22) - (Sy2*S12))/(S22*S11 - sqrt(S12))
b3 = ((Sy2 * S11) - (Sy1 * S12))/(S22 * S11 - sqrt(S12))
b1 = may - b2*max1 - b3*max2
qr = b1 + b2*x1 + b3*x2
//
yl = low
//
Sy1l = sum(yl*x1,length) - (sum(yl,length) * sum(x1,length)) / length
Sy2l = sum(yl*x2,length) - (sum(yl,length) * sum(x2,length)) / length
//
mayl = sma(yl,length)
b2l = ((Sy1l * S22) - (Sy2l*S12))/(S22*S11 - sqrt(S12))
b3l = ((Sy2l * S11) - (Sy1l * S12))/(S22 * S11 - sqrt(S12))
b1l = mayl - b2l*max1 - b3l*max2
qrl = b1l + b2l*x1 + b3l*x2
//
period = round(p/2)+1
hh = qr
ll = qrl
countH = 0
countL = 0
buy=0
sell=0
//
for i = 1 to period-1
if qr ll
countL:=countL+1
for i = period+1 to p+1
if qr ll
countL:=countL+1
if countH==p
pivotH = high
buy := 1
if countL==p
pivotL = low
sell := 1
//
Angulo(_serie) =>
atan( _serie - _serie ) * 180 / acos(-1)
//calcular elvwap
vxp = volume*hlc3
//:= signo de acumulador
acumaldor_vxp := acumaldor_vxp + vxp
acomuldor_vol := acomuldor_vol + volume
vwap2 = acumaldor_vxp / acomuldor_vol
pendiente = Angulo(vwap2)
//
plotshape(buy == 1 , text='⬆️', style=shape.arrowup, location=location.belowbar, color=#32CD32, textcolor=color.white, offset=0, transp=0,size=size.auto)
if buy == 1
alert("Posible long",alert.freq_all )
plotshape(sell == 1 , text='⬇️', style=shape.arrowdown, location=location.abovebar, color=#FF0000, textcolor=color.white, offset=0, transp=0,size=size.auto)
if sell == 1
alert("Posible short",alert.freq_all )
//
//if (backTestPeriod())
//strategy.entry("long", true, 1, when = buy == 1)
// strategy.entry("short", false, 1, when = sell == 1)
if buy == 1 and pendiente > angulo_permitido
//if buy == 1
cantidad = round(strategy.equity / close )
strategy.entry("long", true, cantidad, comment = "Compra")
sl := close * ( 1 - (stop_loss/100))
tp := close * ( 1 + (take_profit/100))
if sell == 1 and pendiente > angulo_permitido
//if sell == 1
cantidad = round(strategy.equity / close )
strategy.entry("short", false, cantidad, comment = "Venta")
sl := close * ( 1 + (stop_loss/100))
tp := close * ( 1 - (take_profit/100))
//Validaciones
comprado = strategy.position_size > 0 //true si es positivo
vendido = strategy.position_size < 0 //true si es negativo
if comprado
//Salir sl
if close >= tp
//plotshape(close >= tp, style=shape.xcross)
strategy.close("long", comment="TP")
//Salir tp
if close <= sl
strategy.close("long", comment="SL")
if vendido
//Salir sl
if close <= tp
strategy.close("short", comment="TP")
//Salir tp
if close >= sl
strategy.close("short", comment="SL")
//sl tp
plot( sl , color =color.red, style=plot.style_cross)
plot( tp , color= color.green , style=plot.style_circles)
//color
//bgcolor (comprado ? color.green: na)
//bgcolor (vendido ? color.red: na)
//if pintar_trade
//bgcolor (close >= tp ? color.green : na, transp=80)
//bgcolor (close >= sl ? color.red : na, transp=80)
