Wyckoff Advanced Swing Strategy by TIAMATCRYPTOStrategy Overview
This custom TradingView strategy combines four powerful trading methodologies - Wyckoff Market Cycles, Price Map Profiling, Mean Reversion, and Trend Following - into a comprehensive swing trading system. It provides extensive customization options and can be tailored for medium to long-term trading positions.
Key Components
1. Wyckoff Analysis
This component focuses on identifying market cycle phases as described by Richard D. Wyckoff:
Accumulation Phase: Identifies periods of smart money accumulation with above-average volume and falling price highs
Markup Phase: Detects strong uptrends with increasing prices supported by volume
Distribution Phase: Recognizes when smart money begins to distribute positions near market tops
Markdown Phase: Identifies downtrends when institutional investors are exiting positions
Special Formations: Detects "spring" patterns (false breakdowns followed by rapid reversals) and "upthrust" patterns (false breakouts)
2. Price Map Profile
Implements a simplified version of Market Profile / Volume Profile concepts:
Calculates Point of Control (POC) - the price level with the highest theoretical activity
Defines Value Area High (VAH) and Value Area Low (VAL) to establish the range where most price action occurs
Visual representation of these key levels to identify potential support and resistance zones
3. Mean Reversion
Identifies potential reversal points when price moves to extremes:
Uses Bollinger Bands to define overbought and oversold price zones
Incorporates RSI divergence to confirm potential reversals
Requires multiple confirmation signals to avoid false entries in strong trends
Employs pattern recognition for higher probability mean reversion trade setups
4. Trend Following
Captures medium to long-term directional price movements:
Utilizes multiple moving averages (9, 21, 50, 200 EMAs) to confirm trend direction and strength
MACD analysis for momentum confirmation and trend intensity
Higher timeframe trend alignment through recent price structure analysis
Requires clear higher highs/higher lows (or lower highs/lower lows) for trade confirmation
Advanced Features
Risk Management
Optional automatic Take Profit and Stop Loss based on ATR (Average True Range)
Trailing stop functionality that adjusts to market volatility
Position sizing as a percentage of equity for proper risk management
Multiple exit strategies based on time, price, or indicator signals
Time-Based Filters
Customizable date range for backtesting historical performance
Trading day filters to avoid entering positions on less favorable days (Fridays/Mondays)
Minimum and maximum holding periods to match swing trading timeframes
Smart exit timing based on market conditions and holding duration
Signal Optimization
Combined signal approach requiring confirmation from multiple systems
Candlestick pattern analysis for enhanced entry timing
RSI-based position exit rules to capture profits at overbought/oversold conditions
Advanced filtering to reduce false signals and avoid low-probability setups
Practical Applications
This strategy is designed for swing traders who:
Hold positions for several days to weeks
Prefer to analyze multiple factors before entering trades
Want to align with institutional money flow through Wyckoff principles
Seek a balance between trend-following and reversal opportunities
Require flexible risk management options
The system works best on daily timeframes for equities, forex, commodities, and cryptocurrency markets with sufficient liquidity. It can be used as a standalone trading system or as a confirmation tool alongside other analysis methods.
Strategy Parameters
All major components can be enabled or disabled independently:
Wyckoff Analysis
Price Map Profiling
Mean Reversion
Trend Following
Risk parameters, timeframes, and technical indicators can be extensively customized to match individual trading preferences, market conditions, and risk tolerance.
Bitcon
EZ_Algo Copyright label
This script overlays a fully adjustable watermark on your chart, featuring:
A bold Main Title (e.g., your brand or name) and Subtitle (e.g., a tagline or ID).
Optional extras like a copyright notice, logo symbol, warning message, and chart info (symbol, timeframe, timestamp, or close price).
A subtle repeating overlay pattern to deter theft.
Flexible positioning, sizing, and color options to match your vib
e
It’s built for traders who want to protect their charts and make them stand out, all in a few clicks.
How to Use It
Add to Chart: Click "Add to Chart" and watch the default watermark appear (e.g., "EZ ALGO" at the top).
Customize It:
Main Title: Set your brand (e.g., "EZ ALGO") under "Main Title". Tweak color, size, and alignment.
Subtitle: Add a tagline (e.g., "Algo Trading") and trader ID (e.g., "@EZ_Algo
") with matching style options.
Text Opacity: Adjust "Text Opacity" in "Appearance" to control title and subtitle transparency (0 = solid, 100 = invisible).
Chart Info: Toggle "Show Chart Info" to display symbol and timestamp, or add "Show Close Price" for extra data.
Extras: Enable "Show Copyright" for a © notice, "Show Logo" for a symbol (e.g., ★), or "Show Warning" to shout "DO NOT COPY".
Overlay Pattern: Turn on "Show Overlay Pattern" to repeat a phrase (e.g., "EZ Algo") across the chart.
Positioning: Pick vertical/horizontal spots (top, middle, bottom; left, center, right) or try "Randomize Main Position" for a surprise placement.
Appearance: Set a "Background Color" and "Background Opacity" for the watermark’s backdrop.
Cell Size: Adjust "Cell Width (%)" and "Cell Height (%)" to resize the watermark (0 = auto-fit).
Apply & Share: Hit "OK" to save settings, then screenshot or share your branded chart with confidence!
Tips
Use a semi-transparent background (e.g., 50 opacity) to keep the chart readable.
Experiment with "Randomize Main Position" for a dynamic look.
Pair a bold logo with a faint overlay pattern for max branding power.
Credits
Inspired by @KristaKT
thanks for the great ideas!
Enjoy marking your charts with flair and protection! Questions? Drop a comment below.
Crypto Indicators #u9tusA set of low timeframe (LTF), medium timeframe (MTF), and high timeframe (HTF) indicators for use in crypto currencies / bitcoin.
Traditionally the 10, 20, 50, 100, and 200 SMAs are used in TA. With cryptos, I've found that the 8 EMA, 21, 55, and 128 SMAs backtest better, while no change in length was necessary for the 200. I wanted to combine all these into one indicator to easily add them to a chart layout, hence this script.
You can customize the length of each MA to your liking in the settings, or accept the defaults.
LTF Indicators:
8 EMA in blue hues, medium line stroke.
MTF Indicators:
21, 55 SMA in purple hues, medium line stroke.
HTF Indicators:
128, 200 SMA in yellow hues, thick line stroke.
Defaults are for daily timeframes and lower; suggest changing up the intervals for weekly and monthly to:
21 -> 30
55 -> 50
128 -> 100
$BTC, $ETH, #ALTS
twitter.com
(c) @jhaurawachsman 20190515
