LTB Zigzag CirclesHello All,
Today I am here with a new idea and script, " LTB Zigzag Circles ". The idea is to create Circles using last 2 zigzag waves and to catch the breakouts earlier than horizontal lines. if a circle is broken then the script shows entry for Long/Short positions. and if broken circle reappears again then the position is closed. You can change Zigzag period as you wish and see the different results.
Here you can see how the script calculates and draws the Circles:
Below you can see how the script draws part of the circle on each bar:
Optionally the script can show levels:
P.S. I haven't tested it as a strategy, Result and Performance may change by Zigzag period, you need to find best Zigzag period according to your strategy. By the way, my Zigzag Circles idea can be improved, if you have any recommendation let me know please ;)
Enjoy!
Candlestick Analysis
NSDT Heiken-Ashi Direction Bar MTFA simple script that places a bar at the bottom of the chart to indicate the direction of Heiken-Ashi candles - while still using traditional candles on the main chart. Try setting the bar on a higher timeframe to see the overall direction of the trend, while using traditional candles for entries/exits.
Pivot Point CandlesIndicator that highlights Hammer, Inverted Hammer, Engulfing, and Harami candlestick patterns. Great for those looking for a quick way to show the most popular reversal patterns on the charts.
Options will allow you to select to show Hammers, Engulfing or Harami patterns only. You choose the combinations that you want. Great tool to learn and training your eyes to the patterns.
You also have an option to select "Super" versions of the Engulfing and the Harami patterns, the Supers only shows if the pattern engulfs the body and the wick of the smaller candle in the pattern.
The indicator will show Bullish opportunities and Bearish opportunities on the chart for each of the patterns. The inverted hammer will show at the top indicating a Bear move, and the Hammer will show below price indicating a Bullish move.
Use this indicator in conjunction with other Support & Resistance such as the simple moving averages, trend lines, flat lines, or even Bollinger bands. When these patterns show at or around these points on the chart they will indicate a reversal is pending. Wait for the next candle as confirmation that the move will actually take place in the direction indicated and you will have your pivot point on the chart and create a higher probability of success. Leverage Stochastic, RSI, or CCI indicators to help confirm the reversal as well. Look out for resistance above or support below to determine your targets for the reversal.
Happy trading!
Supply/Demand Zone CandlesThis is a Pine Script to do a basic scan for demand zones and supply zones based on a Leg-Base-Leg-Base pattern.
Yellow candles define a Demand Zone.
Maroon candles define a Supply Zone.
Session Breaks by KrisWatersThis indicator draw vertical lines on session break dates. There are 1H, 4H, D, W, M, 3M, 12M options. You can change line colors and style as you wish.
If you are using this indicator please drop me comment and like also.
MA Emperor insiliconot StrategyConverted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to:
Specify time period for backtesting
Specify order quantity
Toggle original indicators (default off)
Quoting EmperorBTC:
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over
2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle.
3. The price should be at-least above the 0.236 Level from the Swing high.
Kindly note that the strategy only attempts to do check number 1, where it ensures the entry opens above the cross-over.
Hammers & Stars StrategyOverview
This script trades basic hammer and shooting star candlestick patterns.
It's an extremely simple strategy with minimal filters, and according to my personal manual backtesting and automated trading results, performs best on the Daily chart on certain forex pairs.
It is intended to be traded on the forex markets but theoretically should work on all markets (especially if you optimize the settings).
The script also comes with complete AutoView automation for Oanda.
Make sure you've connected AutoView to TradingView and Oanda, then simply set an alert using the "alert() function calls only" condition and it will automatically execute trades based on whatever settings you've selected (only recommended for experienced traders - use at your own risk!)
If you're not sure how to set up AutoView, search "The Art of Trading AutoView Guide" on YouTube to find my detailed video guide.
Check out my website and YouTube channel for more information, scripts, resources and free Pine Script & trading lessons (link in my profile).
Best of luck with your trading!
- Matt / The Art of Trading
Settings Menu
Tooltips are included explaining what the various settings do, but here's a quick summary:
Strategy Settings
>= ATR Filter: Minimum size of entry candle compared to ATR
<= ATR Filter: Maximum size of entry candle compared to ATR
Stop Loss ATR: Stop loss multiplier (x ATR)
R:R: Risk:Reward profile
Fib Level: Used to calculate upper/lower third of candle. (For example, setting it to 0.5 will mean hammers must close >= 50% mark of the total candle size)
Start Date Filter: Date & time to begin trading from
End Date Filter: Date & time to stop trading
AutoView Oanda Settings
Use Oanda Demo: If turned on then oandapractice broker prefix will be used for AutoView alerts (demo account). If turned off then live account will be used
Use Limit Order: If turned on then AutoView will use limit orders. If turned off then market orders will be used (recommended to use limit order to mitigate spread issues)
Days To Leave Limit Order: This is your GTD setting (good til day)
Account Balance: Your account balance (used for calculating position size)
Account Currency: Your account balance currency (used for calculating position size)
Risk Per Trade %: Your risk per trade as a % of your account balance
MA Strategy Emperor insiliconotThe Script offers 9 different EMAs with 14 different MA types.
The make use of the script is to find the entry on the 1-4 hour altcoins while using the in-built 13/21 crossover strategy to be used in sync with Heikin Ashi cross-over with Fib levels of 0.236 Fib level.
How to use it.
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over
2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle.
3. The price should be at-least above the 0.236 Level from the Swing high.
All the Best.
EmperorBTC
Accumulation & Distribution DetectorThis indicator lets us to automatically detect and mark strong and clear Price Action levels in which there were Accumulation and Distribution phases in any timeframe.
This Accumulation and Distribution is associated with a laterality in the market and they are usually important price levels to take into account for either future Price Action trades in Supports and Resistances or in Supply and Demand levels since they are usually turning points in the market.
This indicator, unlike other existing ones, allows us to adjust through the parameters both the level of demand and the size of these candles regarding the ATR and the size of the candle itself. The tighter we are, the fewer candles marked there will be and, therefore, the desired level to trade will be more powerful and stronger.
Note : The order of elements on the chart must be configured so this indicator should be above the candles, otherwise it will not be displayed correctly.
Este indicador nos permite detectar y marcar de forma automática los niveles fuertes y claros de Price Action donde ha habido fases de Acumulación y Distribución en cualquier marco de tiempo.
Esta Acumulación y Distribución se asocia a una lateralidad en el mercado y suelen ser niveles de precio importantes a tener en cuenta para futuras operaciones de Price Action en Soportes y Resistencias o sobre niveles de Oferta y Demanda ya que suelen los puntos de giro en el mercado.
Este indicador, a diferencia de otros existentes, nos permite ajustar mediante los parámetros el nivel de exigencia y tamaño de estas velas con respecto al ATR y el tamaño de la propia vela. Mientras más estrictos seamos, menos velas marcadas habrá y más potente y fuerte será el nivel deseado para operar.
Nota : Se debe configurar el orden de elementos en el gráfico para que el indicador esté por encima de las velas, de lo contrario no se visualiza correctamente.
Parameters Settings / Parámetros Ajustables:
MAX Body size vs Full Candle (%) : Max body vs Full Candle size percentatge required, default 50% / Porcentaje Máximo Permitido para el tamaño del “Cuerpo” sobre el tamaño completo de la propia vela, por defecto 50%
MAX Candle Size vs ATR (%) : Max candle size vs ATR percentage required, default 70% / Porcentaje Máximo admitido para el tamaño total de la vela con respecto al ATR, por defecto 70%
ATR Length : Candles Number to calculate ATR average, default 30 / Cantidad de velas para medir el ATR, por defecto 30
Use ATR filter? : We can activate or deactivate the ATR calculates, default activated / Podemos anular el cálculo sobre el ATR y hacerlo normal, por defecto activado
Color Settings / Colores Ajustables:
Print Char : Char and Color printed in candle / Símbolo y Color que dibuja sobre la vela detectada
MTF SCALP Price Actionits just for personal use of my own.
if you want to use this indicator, use it at your own responsibility. but just remember its a SCALP strategy and must be used on 5M timeframe.
Long/Short Conditions :
last 1H,30M,15M and 5M candle close on same direction.
I will back test this indicator and if it worth it i will write turn it to a strategy.
PS: i'm new to pinescript coding . so, sorry for my bad coding. if you have any suggestions to improve my coding skills i will be very thankful if you share it with me.
Repulsion: Price & Volume 1Repulsion: Price & Volume 1
www.quantamagazine.org
Proof of concept using the above link and comparisons of price and volume, and one of a series stemming from the so-called Repulsion Engine, now also open sourced, and other indicators from the workbench.
Traffic lights are not accurate.
Like it if you use it, drop a line if you update it -- or if you have comments about how to improve it.
Engulfing Traps (Beta)This indicator scans the market for entries based on engulfing candles that "trap" candles (in terms of orders and price)
The indicator also detects killzones, which are basically supply and demand zones. We like to think of these as areas of which banks are placing their orders.
The indicator gives the 2 entry lines once the a breakout candle has appeared (red or green arrow on the engulfing)
Once the arrow appears on the breakout candle, the indicator will then draw:
-2 orange lines to box up the engulfing candle
-2 entry lines (dark green)
-SL line (red)
-2 Take profit lines (bright green)
New traps are not taken when a current trap is still active
*This indicator in no way is meant to be 100% accurate, please do your own analysis before placing any trades and trade with proper risk, as this market is extremely volatile and risky. Past profits don't guarantee future results*
FOR ACCESS: Please send us a private message to gain access to this indicator.
MS TREND TRIANGLE TRIAL(15M ONLY)- This is Beta Trial version for only 15m time frame.
- MS TREND TRIANGLE will help analizing trend condition and trade points.
- Detailed How to things will be coming later.
- Recent bottom(not top) prices going up (B > C)
MS TREND TRIANGLE TRIAL ver- This is a trial version for only 15m time frame.
- MS TREND TRIANGLE can analyze price trend condition and show it as Blue and Red triangles.
- Combination of other drawings, you can imagine the trade point and even loss cut point if the price goes opossite.
- HOW TO and detailed information will be coming soon. (If you have any question, please leave your message.)
< BASIC INFORMATION >
Enjoy trading! Thank you(*^-^*)
Day of month gain-lossSince March 2014 to date, on the 24 of each month, the crypto market has:
- lost more than 1% 30 times
- gained more than 1% 32 times
Hourly Time SeparatorI made this indicator mostly for personal use but there may be few others who would like to have vertical lines occur every day in specific our on chart.
I am no developer and all I did was copy @allanster's work and delete few lines and duplicate few others. Code will be open for anyone to edit since it was not my code to start with after all. Hopefully this one helps to someone.
