Mulai

Signals

Dekidaka-Ashi - Candles And Volume Teaming Up (Again)The introduction of candlestick methods for market price data visualization might be one of the most important events in the history of technical analysis, as it totally changed the way to see a trading chart. Candlestick charts are extremely efficient, as they allow the trader to visualize the opening, high, low and closing price (OHLC) each at the same time, something impossible with a traditional line chart. Candlesticks are also cleaner than bars charts and make a more efficient use of space. Japanese peoples are always better than everyone at an incredible amount of stuff, look at what they made, the candlesticks/renko/kagi/heikin-ashi charts, the Ichimoku, manga, ecchi... However classical candlesticks only include historical market price data, and won't include other type of data such as volume, which is considered by many investors a key information toward effective financial forecasting as volume is an indicator of trading activity. In order to tackle to this problem solutions where proposed, the most common one being to adapt the width of the candle based on the amount of volume, this method is the most commonly accepted one when it comes to visualizing both volume and OHLC data using candlesticks. Now why proposing an additional tool for volume data visualization ? Because the classical width approach don't provide usable data regarding volume (as the width is directly related to the volume data). Therefore a new trading tool based on candlesticks that allow the trader to gain access to information about the volume is proposed. The approach is based on rescaling the volume directly to the price without the direct use of user settings. We will also see that this tool allow to create support and resistances as well as providing signals based on a breakout methodology. Dekidaka-Ashi - Kakatte Koi Yo! "Dekidaka" (出来高) mean "Volume" in a financial context, while "Ashi" (足) mean "leg" or "bar". In general methods based on candlesticks will have "Ashi" in their name. Now that the name of the indicator has been explained lets see how it works, the indicator should be overlayed directly to a candlestick chart. The proposed method don't alter the shape of the candlesticks and allow to visualize any information given by the candles. As you can see on the figure below the candle body of the proposed tool only return the border of the candle, this allow to show the high/low wick of the candle. The body size of the candle is based on two things : the absolute close/open difference, and the volume, if the absolute close/open difference is high and the volume is high then the body of the candle will be clearly visible, if the volume is high but the absolute close/open difference is low, then the body will be less visible. This approach is used because of the rescaling method used, the volume is divided by the sum between the current volume value and the precedent volume value, this rescale the volume in a (0,1) range, this result is multiplied by the absolute close/open difference and added/subtracted to the high/low price. The original approach was based on normalization using the rolling maximum, but this approach would have led to repainting. You have access to certain settings that can help you obtain a better visualization, the first one being the body size setting, with higher values increasing the body amplitude. In green body with size 2, in red with size 1. The smooth parameter will smooth the volume data before being used, this allow to create more visible bodies. Here smooth = 100. Making Bands From The Dekidaka-Ashi This tool is made so it output two rescaled volume values, with the highest value being denoted as "Dekidaka-high" and the lowest one as "Dekidaka-low". In order to get bands we must use two moving averages, one using the Dekidaka-high as input and the other one using Dekidaka-low, the body size parameter should be fairly high, therefore i will hide the tool as it could cause trouble visualizing the bands. Bands with both MA's of period 20 and the body size equal to 20. Larger periods of the MA's will require a larger amount of body size. Breakout Signals There is a wide variety of signals that can be made from candles, ones i personally like comes from the HA candles. The proposed tool is no exception and can produce a wide variety of signals. The signals generated are basic ones based on a breakout methodology, here is each signal with their associated label : Strong Bullish signal "⇈" : The high price cross the Dekidaka-high and the closing price is greater than the opening price Strong Bearish signal "⇊" : The low price cross the Dekidaka-low and the closing price is lower than the opening price Weak Bullish signal "↑" : The high price cross the Dekidaka-high and the closing price is lower than the opening price Weak Bearish signal "↓" : The low price cross the Dekidaka-low and the closing price is greater than the opening price Uncertain "↕" : The high price cross the Dekidaka-high and the low price cross the the Dekidaka-low In order to see the signals on the chart check the "Show signals" option. Note that such signals are not based on an advanced study, and even if they are based on a breakout methodology we can see that volatile movement rarely produce signals, therefore signals mostly occur during low volume/volatility periods, which isn't necessarily a great thing. Conclusion A trading tool based on candlesticks that aim to include volume information has been presented and a brief methodology has been introduced. A study of the signals generated is required, however i'am not confident at all on their accuracy, i could work on that in the future. We have also seen how to make bands from the tool. Candlesticks remain a beautiful charting technique that can provide an enormous amount of information to the trader, and even if the accuracy of patterns based on candlesticks is subject to debates, we can all agree that candlesticks will remain the most widely used type of financial chart. On a side note i mostly use a dark color for a bullish candle, and a light gray for a bearish candle, with the border color being of the same color as the bullish candle. This is in my opinion the best setup for a candlestick chart, as candles using the traditional green/red can kill the eyes and because this setup allow to apply a wide variety of colors to the plot of overlayed indicators without the fear of causing conflict with the candles color. Thanks for reading ! :3 Nya A Word This morning i received some hateful messages on twitter, the users behind them certainly coming from tradingview, so lets be clear, i know i'am not the most liked person in this community, i know that perfectly, but no one merit to be receive hateful messages. I'am not responsible for the losses of peoples using my indicators, nor is tradingview, using technical indicators does not guarantee long term returns, your ability to be profitable will mostly be based on the quality and quantity of knowledge you have.
Indikator Pine Script™
oleh alexgrover
40
BO - Bar M15 2/3 SignalBO - Bar M15 2/3 Signal show the signal to trade Binary Option with rule below: A. Indicator * Bollinger Band (20,2): avoid waterfall B. Rule of Signal 1. Rule1: Split Bar M15 to 3 part and load them on M5 chart (recommend use M5 IDC chart) 2. Rule 2: Delay 10' after bar M15 open => wait for price's pattern 3. Rule 3: Put Signal row 30-32 * Delay 10' after bar M15 open. * Direction of 1/3 and 2/3 Bar M15 is upward * close of 2/3 Bar M15 below upper band Bb(20,2) on M5 chart => avoid strong buy 4. Rule 4: Call Signal row 36-38 * Delay 10' after bar M15 open. * Direction of 1/3 and 2/3 Bar M15 is downward * close of 2/3 Bar M15 above lower band Bb(20,2) on M5 chart => avoid strong sell C. Recommend Expiry time: Bar M15 close * We try to catch the shadow of Bar M15 but dont trade when price run on the upper or lower band of BB(20,2,M5)
Indikator Pine Script™
oleh inno14
BO - Bar M15 Signal* This script show the signal base on volatility of previous bar M15 to trade Binary Option. * Rule of Signal is below: A. Rule 1: Wait for prices created temporary peak and bottom Row 18: 10 minutes till close B. Rule 2: Reversal previous bar's direction 1. Put Signal - Row 22 - 25: - Delay 5' after bar M15 open - previous bar's direction is upward - price less than previous close - temporary bottom greater than previous open 2. Call Signal - Row 29 - 32: - Delay 5' after bar M15 open - previous bar's direction is downward - price greater than previous close - temporary peak less than previous open C. Rule 3: Follow previous bar's direction 1. Put Signal - Row 37 - 40: - Delay 5' after bar M15 open - previous bar's direction is downward - price greater than previous open - temporary peak less than previous peak 2. Call Signal - Row 43 - 46: - Delay 5' after bar M15 open - previous bar's direction is upward - price less than previous open - temporary bottom greater than previous bottom
Indikator Pine Script™
oleh inno14
3
Minkovski Distance Period DVOGThis script was created by building my Dependent Variable Odd Generator script on the Minkovski Distance Adaptive Period. I have tried this on MACD before. Script related to MACD : I used an older version that does not use Dow Factor to suit multi timeframe analysis. In this way, market situations provide the opportunity to see histograms in an adaptive period as a Multi Timeframe. Minkowski Distance Function Original Script by RicardoSantos : Regards.
Indikator Pine Script™
oleh Noldo
8
Crack XThis indicator looks for cracks (de-correlation of 2 indicators), what you have to do is simple, first look at the trend in a higher frame, there are many indicators for this, then look for cracks as wide as possible (you can configure the size in the configuration) and that they are not close to important supports / resistances. This indicator can be very useful for Swing, Coverages, to increase existing positions.The confirmation of the crack occurs when the black lines cross + bar closure. - Added Alerts
Indikator Pine Script™
oleh Dreadblitz
11
Premium Stochastic OscillatorThe PSO is a rewired version of a short-period stochastic. Unlike a standard stochastic oscillator, this indicator is normalized to register neutral values at zero while providing greater sensitivity to short-term price moves. This indicator uses a central zero line as a reference point and will oscillate above and below this point as price fluctuates. In addition, the PSO is smoothed by using a double exponential moving average to provide a more even response to turns in the market. (from TASC magazine, August 2008 issue). The Premium Stochastic Oscillator was introduced by technical analyst Lee Leibfarth.
Indikator Pine Script™
oleh Dreadblitz
20
BO - KBSignalBO - KBSignal show Put or Call Signal inoder to trade Binary Option. A. Indicators 1. Keltner Channel %K (indicator was published in my scripts) 2. OBV's %B (indicator was published in my scripts) B. Rule of Signal 1. Rule 1: No Signal - %K is the highest of 3 periods => Possible a Pivot High - %K is the lowest of 3 periods => Possible a Pivot Low - Previous %K is greater than or equal 0.8 => Touch Resistance Zone - Previous %K is less than or equal 0.2 => Touch Support zone 2. Rule 2: Sell and Buy Zone depend on 2 Indicators mentioned in A - Sell zone = %K<0.45 and Obv's %B <0.45 - Buy zone = %K>0.55 and Obv's %B >0.55 3. Rule 3: Put and Call Signal - Put Signal = Sell zone and not No Signal - Call Signal = Buy zone and not No Signal C. Alert 1. Signal alert = Put Signal or Call Signal alert 2. Put alert = Put Signal alert 3. call alert = Call Signal alert
Indikator Pine Script™
oleh inno14
Moving Averages CrossThis Indicator helps you spot crosses between moving averages. Thought to combine short term and long term strategies. A complementary element for your trading tool belt. The First study (short term): Helps you visualise the relation between two simple moving averages (9,21) by default. The Second study (long term): Helps you identify the relation between three simple moving averages (50,100, 200) by default. Spot Golden Crosses and Death Crosses from far.
Indikator Pine Script™
oleh Laforge451
3
Quadratic SemaphoreThe quadratic semaphore indicator is an indicator that find confirmed market u-turn with the help of 2 quadratic regression calculated with Highs and Lows over the last “length” periods. - “p” setting is candlesticks quantity to confirmed the quadratic regression has formed a High or Low parabola, such as Fractals. Consecutive same signals can happen due to the use of different price values for upper and lower semaphore. - Adjust the settings to your instrument and time frame. - Alerts included. Success with your trade¡¡
Indikator Pine Script™
oleh Dreadblitz
17
Long Tail Candle by Oliver VelezThis script detects an event created by Oliver Velez, it is a wide-range candle with a small body and a long tail (hammer-type candle), its range is noticeably larger than previous candles, as a rule it can be taken that the body should be maximum of 30% of the total range of the candle with a long tail. The stop goes under the tail and the signal is given when the next candle followed by the long tail candle exceeds its body, do not program this condition so that the alert indicates that a long tail candle was generated and the trader has some Time to visualize the graph and wait for the signal. The default configuration is very basic, each trader must adjust to their needs. - Trend filters can be activated. - Alerts available. Thumbs up
Indikator Pine Script™
oleh Dreadblitz
15
TMMS OscillatorThe TMMS oscillator (aka “Trading Made More Simpler”) is an indicator made of conditions based on both 2 separated Stochastic and 1 RSI. Bullish zone is green and bearish one is red. When the histogram is grey, no signals is available at that time. The indicator has an option to show the current trend of an Hull moving average (ascending or descending curve). When the trend is up, green dots are plotted on the zero line. When the trend is down, the dots are coloured in red. Greetings, success with your trade!!!
Indikator Pine Script™
oleh Dreadblitz
4
Macroeconomic Artificial Neural Networks This script was created by training 20 selected macroeconomic data to construct artificial neural networks on the S&P 500 index. No technical analysis data were used. The average error rate is 0.01. In this respect, there is a strong relationship between the index and macroeconomic data. Although it affects the whole world,I personally recommend using it under the following conditions: S&P 500 and related ETFs in 1W time-frame (TF = 1W SPX500USD, SP1!, SPY, SPX etc. ) Macroeconomic Parameters Effective Federal Funds Rate (FEDFUNDS) Initial Claims (ICSA) Civilian Unemployment Rate (UNRATE) 10 Year Treasury Constant Maturity Rate (DGS10) Gross Domestic Product , 1 Decimal (GDP) Trade Weighted US Dollar Index : Major Currencies (DTWEXM) Consumer Price Index For All Urban Consumers (CPIAUCSL) M1 Money Stock (M1) M2 Money Stock (M2) 2 - Year Treasury Constant Maturity Rate (DGS2) 30 Year Treasury Constant Maturity Rate (DGS30) Industrial Production Index (INDPRO) 5-Year Treasury Constant Maturity Rate (FRED : DGS5) Light Weight Vehicle Sales: Autos and Light Trucks (ALTSALES) Civilian Employment Population Ratio (EMRATIO) Capacity Utilization (TOTAL INDUSTRY) (TCU) Average (Mean) Duration Of Unemployment (UEMPMEAN) Manufacturing Employment Index (MAN_EMPL) Manufacturers' New Orders (NEWORDER) ISM Manufacturing Index (MAN : PMI) Artificial Neural Network (ANN) Training Details : Learning cycles: 16231 AutoSave cycles: 100 Grid Input columns: 19 Output columns: 1 Excluded columns: 0 Training example rows: 998 Validating example rows: 0 Querying example rows: 0 Excluded example rows: 0 Duplicated example rows: 0 Network Input nodes connected: 19 Hidden layer 1 nodes: 2 Hidden layer 2 nodes: 0 Hidden layer 3 nodes: 0 Output nodes: 1 Controls Learning rate: 0.1000 Momentum: 0.8000 (Optimized) Target error: 0.0100 Training error: 0.010000 NOTE : Alerts added . The red histogram represents the bear market and the green histogram represents the bull market. Bars subject to region changes are shown as background colors. (Teal = Bull , Maroon = Bear Market ) I hope it will be useful in your studies and analysis, regards.
Indikator Pine Script™
oleh Noldo
38
Bull Bear Power TrendDo 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. There are two zones of tendency force: - Above 2 for bulls: when the Bull line crosses its + 2 level upwards, an uptrend begins to have strength. - Below 2 for bears: when the Bear line crosses its -2 level down, a downward trend begins to gain strength. Trend Confirmation: - When a histrogram bar appears the trend is confirmed. When a positive histogram appears, it indicates that the Bull line is above its + level and the Bear line is above its level -. When it is a negative histogram that appears, it indicates that the Bear line is below its level - and the Bull line is below its + level. The TREND line (in black) is the difference between the Bull line and the Bear line. Its crosses above / below zero serve us to track the trend, as well as turning points where we could put a stop loss . This indicator generates multiple signals as position management, I leave it to fall in love with it and find all that. Thanks to Jose Callao for this great idea. Thumbs up
Indikator Pine Script™
oleh Dreadblitz
124
Red and Green Ignored Bar by Oliver VelezOn this occasion I present a script that detects Ignored Red Candles and Ignored Green Candles, basically it is a Price Action event that indicates a possible continuation of the current trend and gives the opportunity to climb it with a Very tight risk, before delving into detail I would like to leave this note: Note: the detection of this event does not guarantee that the signal will be good, the trader must have the ability to determine its quality based on aspects such as trend, maturity, support / resistance levels, expansion / contraction of the market, risk / benefit, etc, if you do not have knowledge about this you should not use this indicator since using it without a robust trading plan and experience could cause you to partially or totally lose your money, if this is your case you should train before If you try to extract money from the market, this script was created to be another tool in your trading plan in order to configure the rules at your discretion, execute them consistently and have AUTOMATIC ALERTS when the event occurs, which is where I find more value because you can have many instruments waiting for the event to be generated, in the time frame you want and without having to observe the mer When the alert is generated, the Trader should evaluate the quality of the alert and define whether or not to execute it (higher timeframes, they can give you more time to execute the operation correctly). Let's continue…. This event was created by Oliver Velez recognized trader / mentor of price action, the event has a very interesting particularity since it allows to take a position with a very limited risk in trend movements, this achieves favorable operations of good ratio and small losses when taking An adjusted risk, if the trade works, a good ratio is quickly achieved and we agree with a key point in the “Keep small losses and big profits” trading, this makes it easier to have a positive mathematical hope when your level of Success is not very high, so leave you in the field of profitability. THE EVENT: The event has a bullish configuration (Ignored Red Candle) and a bearish configuration (Ignored Green Candle), below I detail the “Hard” rules (later I explain why “Hard”): 1- Last 3 bars have to be GREEN-RED-GREEN (possible bullish configuration) or RED-GREEN-RED (possible bearish configuration), the first bar is called Control Bar, the second is called Ignored Bar and the third Signal Bar as shown in the following image: 2- Be in a trend determined by simple moving averages (Slow of 20 periods and Fast of 8 periods), as a general rule you can take the direction of MA20 but the Trader has to determine if there is a trend movement or not. 3- Control bar of good range, little tail and with a body greater than 55%. 4- Ignored bar preferably narrow range, little tail and that is located in the upper 1/3 of the control bar. 5- Signal bar cannot override the minimum of the ignored bar. 6- Activation / Confirmation of event by means of signal bar in overcoming the body of the ignored bar. Some examples of ignored bars (with “Hard” and “Flexible” rules): Features and configuration of the indicator: To access the indicator settings, press the wheel next to the indicator name VVI_VRI "Configuration options". - Operation mode (Filtering Type): • Filtering Complete: all filters activated according to the configuration below. • Without Filtering: all filters deactivated, all VRI / VVI are displayed without any selection criteria. • Trend Filter only: shows only VRI / VVI that are in accordance with what is set in “Trend Settings” - Configuration Moving Averages: • See Slow Media: slow moving average display with direction detection and color change. • See Fast Media: display of fast moving average with direction detection and color change. • Type: possibility to choose the type of media: DEMA, EMA, HullMA, SMA, SSMA, SSMA, TEMA, TMA, VWMA, WMA, ZEMA) • Period: number of previous bars. • Source: possibility to choose the type of source, open, close, high, low, hl2 hlc3, ohlc4. • Reaction: this configuration affects the color change before a change of direction, 1 being an immediate reaction and higher values, a more delayed reaction obtaining les false "changes of direction", a value of 3 filters the direction quite well. - Trend Configuration • Uptrend Condition P / VRI: possibility to select any of these conditions: o Bullish MA direction o Quick bullish MA direction o Slow and fast bullish MA direction o Price higher than slow MA o Price higher than fast MA o Price higher than slow and fast MA o Price higher than slow MA and bullish direction o Price higher than fast MA and bullish direction o Price higher than slow, fast MA and bullish direction o No condition • Condition P / VVI bear trend: possibility of selecting any of these conditions: o Slow bearish MA direction o Fast bearish MA direction o Slow and fast bearish MA direction o Price less than slow MA o Price less than fast MA o Price less than slow and fast MA o Price lower than slow MA and bearish direction o Price less than fast MA and bearish direction o Price less than slow, fast MA and bearish direction o No condition - Control bar configuration • Minimum body percentage%: possibility to select what body percentage the bar must have. • Paint control bar: when selected, paint the control bar. • See control bar label: when selected, a label with the legend BC is plotted. - Configuration bar ignored • Above X% of the control bar: possibility to select above what percentage of the control bar the ignored bar must be located. • Paint ignored bar: when selected, paint the ignored bar. - Signal bar configuration • You cannot override the minimum of the ignored bar: when selected, the condition is added that the signal bar cannot override the minimum of the ignored bar. • Paint signal bar: when selected, paint the signal bar. • See arrow: when selected it shows the direction arrow of the possible movement. • See bear and arrow: when selected it shows bear and arrow label • See bull and arrow: when selected it shows bull and arrow label The following image shows the ignored bar and painted signal: - Take profit / loss The profit / loss taking varies depending on the trader and its risk / monetary plan, the proposal is a recommendation based on the nature of the event that is to have a small risk unit (stop below the minimum of the ignored bar), look for objectives in ratios greater than 2: 1 and eliminate the risk in 1: 1 by taking the stop to BE, all parameters are configurable and are the following: • See recommended stop loss and take profit: trace the levels of Stop, BE, TP1 and TP2, as well as their prices to know them quickly based on the assumed risk • To: select which event you want to draw the SL and TP (VRI, VVI) • Extend stop loss line x bars: allows extending the stop line by x number of bars • Extend take profit line x bars: allows extending the stop line by x number of bars • Ratio to move to break even: allows you to select the minimum ratio to move stop to break even (default 1: 1) • Take profit 1 ratio: allows you to select the ratio for take profit 1 (default 2: 1) • Take profit 2 ratio: allows you to select the ratio for take profit 2 (default 4: 1) - Alerts • It is possible to configure the following alerts: -VRI DETECTED -VVI DETECTED -VRI / VVI DETECTED Final Notes: - The term hard rules refers to the fact that an event is sought with the rules detailed above to obtain a high quality event but this brings 2 situations to consider, less number of events and events that are generated in a strong impulse may be leaked, a very large control bar followed by an ignored narrow body away from moving averages, despite having a good chance of continuing, taking a stop very tight in a strong impulse you can touch it by the simple fact of the own volatility at that time. - The setting of the parameters “Minimum body percentage% (control bar)”, “Above x% of the control bar (bar ignored)” and “Cannot override the minimum of the ignored bar” can bring large Benefits in terms of number of events and that can also be of high quality, feel free to find the best configuration for your instrument to operate. - It is recommended to look for trending events, near moving averages and at an early stage of it. - The display of several nearby VRIs or VVIs in an advanced trend may indicate a depletion of it. - The alerts can be worked in 2 ways: at the closing of the candle (confirms event but the risk unit may be larger or smaller) or immediately the body of the ignored bar is exceeded, in case you are operating from the mobile and miss many events because of the short time I recommend that you operate in a superior time frame to have more time. - The indicator is configured with “flexible” rules to have more events, but without any important criteria, each trader has to look for the best configuration that suits his instrument. - It is recommended to partially close the operation based on the ratio and always keep a part of the position to apply manual trailing stop and try to maximize profits. The code is open feel free to use and modify it, a mention in credits is appreciated. If you liked this SCRIPT THUMB UP! Greetings to all, I wish you much green!
Indikator Pine Script™
oleh Dreadblitz
33
Blockchain Artificial Neural NetworksI found a very high correlation in a research-based Artificial Neural Networks.(ANN) Trained only on daily bars with blockchain data and Bitcoin closing price. NOTE: It does not repaint strictly during the weekly time frame. (TF = 1W) Use only for Bitcoin . Blockchain data can be repainted in the daily time zone according to the description time. Alarms are available. And you can also paint bar colors from the menu by region. After making reminders, let's share the details of this interesting research: INPUTS : 1. Average Block Size 2. Api Blockchain Size 3. Miners Revenue 4. Hash Rate 5. Bitcoin Cost Per Transaction 6. Bitcoin USD Exchange Trade Volume 7. Bitcoin Total Number of Transactions OUTPUTS : 1. One day next price close (Historical) TRAINING DETAILS : Learning cycles: 1096436 AutoSave cycles: 100 Grid : Input columns: 7 Output columns: 1 Excluded columns: 0 Training example rows: 446 Validating example rows: 0 Querying example rows: 0 Excluded example rows: 0 Duplicated example rows: 0 Network : Input nodes connected: 7 Hidden layer 1 nodes: 5 Hidden layer 2 nodes: 0 Hidden layer 3 nodes: 0 Output nodes: 1 Controls : Learning rate: 0.1000 Momentum: 0.8000 Target error: 0.0100 Training error: 0.010571 The average training error is really low, almost worth the target. Without using technical analysis data, we established Artificial Neural Networks with blockchain data. Interesting!
Indikator Pine Script™
oleh Noldo
16
Market Thrust IndicatorThe Market Thrust indicator is a powerful measure of the stock market's internal strength or weakness. There are four components to this indicator: 1-Advancing Issues on the New York Stock Exchange (NYSE) – $ADV 2-Advancing Volume on the NYSE – $UVOL 3-Declining Issues on the NYSE – $DECL 4-Declining Volume on the NYSE – $DVOL The formula for Market Thrust is given below: ($ADV x $UVOL)-($DECL x $DVOL) When used for day-trading, the trend of the Market Thrust indicator is what is most important. Rising Market Thrust Indicator: Considered a bullish sign; can act as a confirmation signal when combined with a rising stock, index ETF, or stock index future's price. Falling Market Thrust Indicator: Considered a bearish sign; can act as a confirmation signal of a decreasing market price. The Market Thrust indicator could be used for detecting divergences in trends. Divergences occur when: - Price is trending higher, but the Market Thrust indicator is not moving higher or is even going down. - Price is trending lower, however, the Market Thrust technical analysis tool is not trending lower, it is either not trending or is trending higher. Add a fully configurable trend line over MTI. Read more at: commodity.com
Indikator Pine Script™
oleh Dreadblitz
4
Experimental Entry Interface (Buy Arrows with TP & SL)This script provides high probability entry points and includes Take Profit and Stop Loss targets. It attempts to predict when the market conditions are set to move up, and prints long positions. In addition to Long Entry Arrows, it will print Take Profit / Stop Loss targets. This indicator is highly adjustable. Hence the name 'Experimental' in the title. Experiment with it to find the results you want. Designed for use on the 1H timeframe in Forex, but could possibly be useful elsewhere. Do your own testing. This indicator can repaint. It is best used with alerts set for once per bar close, so that your alerts do not repaint and your trades are solid. Not ever signal is a winner. Backtest thoroughly. Adjust accordingly. Arrows Four sets of colored arrows are included. 💵 💶 Green and Blue Entry Arrows are formed when the market is in an uptrend, and has a momentary pullback. 💴 💷 Yellow and Purple Entry Arrows are formed when the market is just starting to recover from being severely oversold. Backtest Mode Turn on Backtest Mode to easily see if an entry ended up as a winner or loser. A Take Profit and Stop Loss line will be drawn to show results. Take Profit & Stop Loss Targets You have two options for this. Price will show you where your TP/SL exits should be placed. These values will show up under the arrow, based on your Risk/Reward ratio. Pips are much more simple, and will only show you the market entry point and how many pips up/down to place your SL/TP. Warning: This is fixed at a 1:1 RRR . Risk/Reward Adjustment Each entry arrow color allows custom risk/reward ratio adjustment. Dollar Amounts Displayed Change your account value and leverage to see how much you would have won on each trade. How to trade with it? (Forex, 1H) Open the settings, and turn on all the arrow entries. Turn on Backtest mode to see how past trades would have played out. Turn on TakeProfit/StopLoss Targets to see where to set your targets, for each arrow. Set an alert to notify you once per candle close when there is an Entry. Trade happy! Bill Williams Alligators are also included, if you want. Not necessary though. Some of the calculations depend on them for trend direction analysis.
Indikator Pine Script™
oleh mattzab
8