Investing - Weekly EMA's mapped to Daily ChartWhen there isn't enough time in your day to day-trade, yet you want to utilise all the technical analysis skills you have... why not make a long term investing or swing trading indicator set to help you along the way!
So I did....
When it comes to long term investing and swing trading, I often find the weekly 12/26/52 EMA's do a great job in capturing the main market swings from bull to bear.
However, I like to use the Daily chart to see the candle patterns and shapes with more detail and divergences often show up better on the daily chart.
So I have decided to combine the two!
I have basically taken the EMA 12/26/52 from the weekly and transferred them over to the daily (mathematically they are not exact, but for me they are close enough).
I have also developed a simple scale in / scale out strategy for using these exponential moving averages. It isn't as simple as buying in on each signal, however I use my own special strategy to take advantage of the alerts.
Enjoy!
Swingtrading
Hull MA & Warning Zones & Buy/Sell ArrowsThis moving average, in contrast to the standard, shows a slowdown of the current trend - it draws additional zones of yellow color. These zones show a possible trend reversal by 1-2 bars earlier than the standard Hull moving average. Additionally, there are arrows to enter a position and the second is the same MA for another timeframe, which can be selected in the settings.
5-8 EMA Cross with added 20 EMAThis is a simple EMA cross script to get into trades early using a 5/8 EMA cross but also allows you to filter out risky trades using the 20 EMA. For long trades the cross is not a valid signal if it occurs below the 20 EMA and vice versa.
Kawabunga Swing Failure Points Candles (SFP) by RRBKawabunga Swing Failure Points Candles (SFP) by RagingRocketBull 2019
Version 1.0
This indicator shows Swing Failure Points (SFP) and Swing Confirmation Points (SCP) as candles on a chart.
SFP/SCP candles are used by traders as signals for trend confirmation/possible reversal.
The signal is stronger on a higher volume/larger candle size.
A Swing Failure Point (SFP) candle is used to spot a reversal:
- up trend SFP is a failure to close above prev high after making a new higher high => implies reversal down
- down trend SFP is a failure to close below prev low after making a new lower low => implies reversal up
A Swing Confirmation Point (SCP) candle is just the opposite and is used to confirm the current trend:
- up trend SCP is a successful close above prev high after making a new higher high => confirms the trend and implies continuation up
- down trend SCP is a successful close below prev low after making a new lower low => confirms the trend and implies continuation down
Features:
- uses fractal pivots with optional filter
- show/hide SFP/SCP candles, pivots, zigzag, last min/max pivot bands
- dim lag zones/hide false signals introduced by lagging fractals or
- use unconfirmed pivots to eliminate fractal lag/false signals. 2 modes: fractals 1,1 and highest/lowest
- filter only SFP/SCP candles confirmed with volume/candle size
- SFP/SCP candles color highlighting, dim non-important bars
Usage:
- adjust fractal settings to get pivots that best match your data (lower values => more frequent pivots. 0,0 - each candle is a pivot)
- use one of the unconfirmed pivot modes to eliminate false signals or just ignore all signals in the gray lag zones
- optionally filter only SFP/SCP candles with large volume/candle size (volume % change relative to prev bar, abs candle body size value)
- up/down trend SCP (lime/fuchsia) => continuation up/down; up/down trend SFP (orange/aqua) => possible reversal down/up. lime/aqua => up; fuchsia/orange => down.
- when in doubt use show/hide pivots/unconfirmed pivots, min/max pivot bands to see which prev pivot and min/max value were used in comparisons to generate a signal on the following candle.
- disable offset to check on which bar the signal was generated
Notes:
Fractal Pivots:
- SFP/SCP candles depend on fractal pivots, you will get different signals with different pivot settings. Usually 4,4 or 2,2 settings are used to produce fractal pivots, but you can try custom values that fit your data best.
- fractal pivots are a mixed series of highs and lows in no particular order. Pivots must be filtered to produce a proper zigzag where ideally a high is followed by a low and another high in orderly fashion.
Fractal Lag/False Signals:
- only past fractal pivots can be processed on the current bar introducing a lag, therefore, pivots and min/max pivot bands are shown with offset=-rightBars to match their target bars. For unconfirmed pivots an offset=-1 is used with a lag of just 1 bar.
- new pivot is not a confirmed fractal and "does not exist yet" while the distance between it and the current bar is < rightBars => prev old fractal pivot in the same dir is used for comparisons => gives a false signal for that dir
- to show false signals enable lag zones. SFP/SCP candles in lag zones are false. New pivots will be eventually confirmed, but meanwhile you get a false signal because prev pivot in the same dir was used instead.
- to solve this problem you can either temporary hide false signals or completely eliminate them by using unconfirmed pivots of a smaller degree/lag.
- hiding false signals only works for history and should be used only temporary (left disabled). In realtime/replay mode it disables all signals altogether due to TradingView's bug (barcolor doesn't support negative offsets)
Unconfirmed Pivots:
- you have 2 methods to check for unconfirmed pivots: highest/lowest(rightBars) or fractals(1,1) with a min possible step. The first is essentially fractals(0,0) where each candle is a pivot. Both produce more frequent pivots (weaker signals).
- an unconfirmed pivot is used in comparisons to generate a valid signal only when it is a higher high (> max high) or a lower low (< min low) in the dir of a trend. Confirmed pivots of a higher degree are not affected. Zigzag is not affected.
- you can also manually disable the offset to check on which bar the pivot was confirmed. If the pivot just before an SCP/SFP suddenly jumps ahead of it - prev pivot was used, generating a false signal.
- last max high/min low bands can be used to check which value was used in candle comparison to generate a signal: min(pivot min_low, upivot min_low) and max(pivot max_high, upivot max_high) are used
- in the unconfirmed pivots mode the max high/min low pivot bands partially break because you can't have a variable offset to match the random pos of an unconfirmed pivot (anywhere in 0..rightBars from the current bar) to its target bar.
- in the unconfirmed pivots mode h (green) and l (red) pivots become H and L, and h (lime) and l (fuchsia) are used to show unconfirmed pivots of a smaller degree. Some of them will be confirmed later as H and L pivots of a higher degree.
Pivot Filter:
- pivot filter is used to produce a better looking zigzag. Essentially it keeps only higher highs/lower lows in the trend direction until it changes, skipping:
- after a new high: all subsequent lower highs until a new low
- after a new low: all subsequent higher lows until a new high
- you can't filter out all prev highs/lows to keep just the last min/max pivots of the current swing because they were already confirmed as pivots and you can't delete/change history
- alternatively you could just pick the first high following a low and the first low following a high in a sequence and ignore the rest of the pivots in the same dir, producing a crude looking zigzag where obvious max high/min lows are ignored.
- pivot filter affects SCP/SFP signals because it skips some pivots
- pivot filter is not applied to/not affected by the unconfirmed pivots
- zigzag is affected by pivot filter, but not by the unconfirmed pivots. You can't have both high/low on the same bar in a zigzag. High has priority over Low.
- keep same bar pivots option lets you choose which pivots to keep when there are both high/low pivots on the same bar (both kept by default)
SCP/SFP Filters:
- you can confirm/filter only SCP/SFP signals with volume % change/candle size larger than delta. Higher volume/larger candle means stronger signal.
- technically SCP/SFP is always the first matching candle, but it can be invalidated by the following signal in the opposite dir which in turn can be negated by the next signal.
- show first matching SCP/SFP = true - shows only the first signal candle (and any invalidations that follow) and hides further duplicate signals in the same dir, does not highlight the trend.
- show first matching SCP/SFP = false - produces a sequence of candles with duplicate signals, highlights the whole trend until its dir changes (new pivot).
Good Luck! Feel free to learn from/reuse the code to build your own indicators!
MKZ HiLo Intraday Systemthe systems is based on Swings/Waves made by the stock.
It doesn't use any indicators, its purely based on price action.
[SignalFI] SpectrumFI V1 [Alerts]SpectrumFI uses 11 independent Fibonacci based moving averages and their associated momentum to create a unified trend signal.
FIBONACCI BASED TREND DISCOVERY
DIFFERENCE STATISTICS COMBINED WITH RSI MOMENTUM
HEATMAP AND RSI INDICATORS BUILT INTO ONE TRADINGVIEW INDICATOR
ALERTS VERSION Only for Jedi and Master Subscribers
SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and educate market decisions we developed a set of Trading Indicators which are available on TradingView , the most advanced and yet easy to use charting platform available on the web.
SignalFI indicators are just that, indicators. Our indicators are generally configured to use completely historical data (negating repaint), and we advise all alerts created with SignalFI indicators to be fired upon "close" of the current candle. Our indicators can provide valuable context and visualization support when performing market analysis and executing buy and sell decisions. However. we are not financial experts, and all information presented on this site or our other media outlets are for educational purposes only.
For subscription information, visit www.signalfi.net and follow us on twitter.
[SignalFI] PowerFI V1.0 [Alerts]PowerFI is a multidimensional RSI that gives you insight into price momentum and trend crossovers via price statistics and rates of change.
MUTLTIPLE-TIMEFRAME RSI
DIFFERENCE STATISTICS COMBINED WITH RSI MOMENTUM
RSI IMPULSE STRENGTH HISTOGRAM
ALERTS VERSION Only for Jedi and Master Subscribers
SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and educate market decisions we developed a set of Trading Indicators which are available on TradingView , the most advanced and yet easy to use charting platform available on the web.
SignalFI indicators are just that, indicators. Our indicators are generally configured to use completely historical data (negating repaint), and we advise all alerts created with SignalFI indicators to be fired upon "close" of the current candle. Our indicators can provide valuable context and visualization support when performing market analysis and executing buy and sell decisions. However. we are not financial experts, and all information presented on this site or our other media outlets are for educational purposes only.
For subscription information, visit www.signalfi.net and follow us on twitter.
[SignalFI] PowerFI V1PowerFI is a multidimensional RSI that gives you insight into price momentum and trend crossovers via price statistics and rates of change.
MUTLTIPLE-TIMEFRAME RSI
DIFFERENCE STATISTICS COMBINED WITH RSI MOMENTUM
RSI IMPULSE STRENGTH HISTOGRAM
SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and educate market decisions we developed a set of Trading Indicators which are available on TradingView , the most advanced and yet easy to use charting platform available on the web.
SignalFI indicators are just that, indicators. Our indicators are generally configured to use completely historical data (negating repaint), and we advise all alerts created with SignalFI indicators to be fired upon "close" of the current candle. Our indicators can provide valuable context and visualization support when performing market analysis and executing buy and sell decisions. However. we are not financial experts, and all information presented on this site or our other media outlets are for educational purposes only.
For subscription information, visit www.signalfi.net and follow us on twitter.
Price Action Oscillator [NeoButane]An oscillator based on pivots and divergences in the future, with an emphasis on utilizing wicks to find the 'best fit' horizontal levels.
This is a study I am working on to find to find divergences and swings better, and how using an oscillator can enhance the pickings of swings and levels.
A list of my indicators: medium.com
Volatility Based Momentum (VBM)The Volatility Based Momentum (VBM) indicator is a variation on the rate-of-change (ROC) indicator. Instead of expressing momentum in a percentage gain or loss, VBM normalizes momentum using the historical volatility of the underlying security.
The VBM indicator offers numerous benefits to traders who orient their trading around volatility. For these traders, VBM expresses momentum in a normalized, universally applicable ‘multiples of volatility’ (MoV) unit. Given the universal applicability of MoV, VBM is especially suited to traders whose trading incorporates numerous timeframes, different types of securities (e.g., stocks, Forex pairs), or the frequent comparison of momentum between multiple securities.
The calculation for a volatility based momentum (VBM) indicator is very similar to ROC, but divides by the security’s historical volatility instead. The average true range indicator (ATR) is used to compute historical volatility.
VBM(n,v) = (Close - Close n periods ago) / ATR(v periods)
For example, on a daily chart, VBM(22,65) calculates how many MoV price has increased or decreased over the last 22 trading days (approximately one calendar month). The second parameter is the number of periods to use with the ATR indicator to normalize the momentum in terms of volatility.
For more details, there is an article further describing VBM and its applicability versus ROC.
[Backtest]QQE Cross v6.0 by JustUncleLDescription:
This is the Backtest version of the " QQE Cross v6.0 by JustUncleL" Tool, can be used to optimize settings.
[Alerts]QQE Cross v6.0 by JustUncleLDescription:
This is a major upgrade of my original QQE indicator Tool, this version is directed at Forex and Crypto Margin trading. This version can also be used with AutoView/ProfitView Chrome add-on in a semi-automatic (turn on only when conditions are favorable) or automatic way, with Signal to Signal or Signal to Close trading.
This is a Trend following indicator that uses fast QQE crosses to capture swings in direction of the main Trend. Alerts are filtered with Two Moving Average Ribbons and/or Direction of MAs. The QQE or Qualitative Quantitative Estimation is based on the relative strength index (RSI), but uses a smoothing technique as an additional transformation. Three crosses can be selected (all selected by default):
Smooth RSI signal crossing ZERO (XZ)
Smooth RSI signal crossing Fast QQE line (XQ), this is like an early warning swing signal.
Smooth RSI signal exiting the RSI Threshhold Channel (XC), this is like a confirmed swing signal. An optimal Smooth RSI threshold level is between 5% and 10% (default=10), it helps reduce the false swings.
These signals can be selected to Open Short/Long and/or Close a trade, default is XC open trade and XQ (or opposite open) to Close trade.
The (LONG/SHORT) alerts can be optionally filtered by the Moving Average Ribbons:
For LONG alert the Close must be above the fast MA Ribbon and fast MA Ribbon must be above the slow MA Ribbon.
For SHORT alert the Close must be below the fast MA Ribbon and fast MA Ribbon must be below the slow MA Ribbon.
and/or directional filter:
For LONG alert the Close must be above the medium MA and the directional of both MA ribbons must be Bullish.
For SELL alert the Close must be below the medium MA and the directional of both MA ribbons must be Bearish.
This indicator is designed to be used as a Signal to Signal trading BOT in automatic or semi-automatic way (start and stop when conditions are suitable).
For LONG and SHORT alerts I recommend you use "Once per Bar" alarm option
For CLOSE alerts I recommend you use "Once per Bar Close" alarm option
(* The script has been designed so that long/short signals come at start of candles *)
(* and close signals come at the end of candles *)
Nemesis Swing High Low Support/Resistance Pivot Points by ZekisNemesis Swing High Low Support and Resistance Pivot Points Channel
An indicator that project support and resistance, highs and lows and pivot points
There are a lot of strategies where it can be used, a little google or youtube search for more infos
I colored with black the channel and green when the price breaks the resistance and red when breaks the support for a better view
Values for support and resistance can be adjusted
*Soon i will add alerts for breakeouts
Enjoy!
@ Zekis
WH TrendTrend recognition channel, supports and resistances adjustable by desired time frame, adjustable scalper with long and short signals, adjustable recommended take profit points. Alerts can be set for every important aspect
Pairs very well with the modified WH RSI and Stoch pictured.
Will be up for a short while to test
Hades Indicator by ZekisHades Indicator is a good swing indicator based on trends
The base of Hades Indicator is calculated from crossing of two moving averages to establish the trend and another two moving averages for entries and exits or longs and shorts.
The rules are simple: go long when background turns green and exit when turns yellow and go short when backgroun turns red and exit when turns yellow
When background is yellow is not a good idea to jump in
There are 5 moving averages to choose from: DEMA, EMA, SMA, VWMA and WMA
Also you can choose to trade only for Longs, only for Shorts or both
Alerts are added
Enjoy!
@ Zekis
Dionysus Indicator by ZekisDionysus is a good swing indicator with nice results in any timeframe
Easy to use, you need to adjust the lenght for your needs
Percentlines added for Take Profits and Stop Loss for best results (you can change them as you wish)
Yellow line is the transition from long to shot or entries and exits points
Alerts are enabled
Enjoy!
@ Zekis
Quantum all in one Crypto indicator V1Quantum all in one Crypto indicator V1
Features:
Bollinger
Ichimoku
6 EMA
6 MA + Fast & Slow
CDC Strategy
Fractals
Pivots
.. and more
V 1.5 in progress
enjoy
Quantum All in One Crypto Indicator V1Quantum All in One Crypto Indicator V1
Features
6 EMA
6 MA + Slow & Fast
Ichimoku
Bollinger
Fractals
CDC Strategy
Colored Bars
Pivot´s and more..
have fun
Version V1.5 in Progress
Market Reader [ENG]Market Reader is a very sophisticated indicator giving you:
-Pattern of take profit helping you to enter or exit your position
-Pattern of EXIT giving you the signal of market reversal (See on BTC)
-Key supports and resistances where the market will react
-Early detection of RANGE before the contact with the top or the bottom of the range, it will also give you the target of the top and the bottom of the range
-Pattern of institutional activities, giving you signal that smart money is moving at this level of price
You will also found my complete strategy on my youtube Channel (Market Reader)
Enjoy
1 month free trial 8ask on private message or in comment)
The 30 first subscriber will have a 50% discount