Bitcoin SOPR HeatmapSOPR (spent output profit ratio) is a metric, provided by Glassnode to measure if most BTC are moved in profit or in loss. The higher SOPR is, the more profits are realized (theoretically) and vice versa.
This indicator shows SOPR visually as a heatmap directly on the Bitcoin chart.
Cold temperatures (blue, purple) show bear markets. Bear market peaks should be visible in dark purple.
Hot temperatues (yellow, red) show bull markets. Hype phases should be visible in red.
I recommend to hide chart when using the indicator. Otherwise you can also enlarge the heatmap in the settings.
The indicator works best on BTCUSD standard charts on daily timeframe. Otherwise you will see an error message.
Cryptocurrency
Boftei's StrategyI wrote this strategy about a year ago, but decided to publish it just now. I have not been able to implement this strategy in the market. If you can, then I will be happy for you.
This strategy is based on my "Botvenko Script". (It finds the difference between the logarithms of closing prices from different days.) (Check this script in my profile)
Then the strategy makes trades when the "Botvenko Script" indicator crosses the levels set earlier and manually selected for each currency pair/shares: long/short opening/closing levels, long/short re-entry levels. (They are drawn with horizontal dotted lines.) The names of these lines are: buy/sell level, long/short retry - too low/high, long close up/down, dead - close the short. Manual selection of each of the parameters provides a qualitative entry of the strategy into the deal. However, without restraining mechanisms, the strategy enters into rather controversial deals. In order to avoid going long/short during bear/bull markets, which is unacceptable, I added a fan of EMA lines.
The fan consists of several EMA lines, which are set according to Fibonacci numbers (21, 55, 89, 144). If the lines in the fan are arranged in ascending order (ema_21>ema_55 and ema_55>ema_89 and ema_89>ema_144), then this indicates a bull market, during which I banned shorting. And vice versa: during the bear market (ema_21
Degen IndicatorThis indicator uses candle patterns I have identified by studying cryptocurrency charts. The main goal is to help you tune out noise and price swings so you are better able to trade with the trend. If you can trade with the trend you will be profitable. Don’t fight the trend.
Signals:
Orange T with Orange Bar - Top
Grey T - Weak Top
Orange P - Pause (Minimal pullback expected before additional upside)
Grey B - Weak Bottom
Green B - Possible Bottom
Blue B with Blue Bar - Likely Bottom
Grey D - Weak Dump
Pink D - Possible Dump
Red D - Likely Dump
Bar Colors:
Grey Green #699969 (Slightly Bullish)
Green #2ca02c (Bullish)
Bright Green #00ff00 (Strong Bullish)
Light Pink #cf6666 (Slightly Bearish)
Red #d62728 (Bearish)
Bright Red #ff0000 (Strong Bearish)
Orange Top #ff9800 (Local price maximum)
Blue Bottom #0066ff (Local price minimum)
Recommended Settings:
Change the Body and the Wick to be Grey. Deselect Border.
Purpose:
Making the default bar colors Grey will help you tune into the trend. Look for clusters of candles where only one non Grey color is present. If there are 3 - 5 or more of the same color also pay attention to the size of the candles. You can see the strength of the moves if they are growing or shrinking in size. Oftentimes a trend will end with an Engulfing Candle after a cluster of candles with the other color. Use this as a sign to exit your position and/or enter a new position.
Advice:
Start on HTF and find the clusters of Tops and Bottoms. Dial into lower timeframes to find the local Tops and Bottoms for entry points. Look for clusters of signals. Be ready for one candle to signify a change in the trend then look for confirmation with additional candles. Do not think about Tops or Bottoms as absolutes. A Top that gets beat with a Bullish Engulfing candle is telling you the Bullish strength is strong. Do not short Grey D’s. Do not long Grey B’s. As always, use these signals in conjunction with your other preferred methods of trading to find confluence and trade with the trend. On LTF this indicator will be very noisy. On HTF it will be more stable.
Logic:
Signals were developed by myself and subjected to extensive backtesting. Each signal uses various combinations of: candle names (Doji, Morning Star, Bearish Engulfing, Bullish Engulfing, etc), volume, price change as a percent, price change as an absolute number, length of the wick the open, close, high, and low candle values. The signals incorporate these values ranging from one candle prior to many candles prior attempting to predict the trend.
Logic not used:
Moving Averages, RSI, OBV, VPVR and Bollinger Bands.
[MiV] MA Screener v1.0In my trading I stick to the following strategy: I buy an asset above the 100/200 moving average and then sell it.
The most problematic thing in all this is to look for assets that are above the 100 or 200 moving average, and to assess how "far" the price is from that moving average.
In fact, to solve this problem I created this indicator.
It works with 30 different assets and displays the state of its two moving averages, whether the price is higher or not, and how much higher the price is from that level.
Trendmaster - Crypto Flow IndexWhat it is:
The Trendmaster Crypto Flow Index is a unique tool designed to give you an overview of the performance of different Crypto market sectors and sub-sectors. It helps you to identify where you should be focusing your investments for maximum portfolio efficiency and profitability.
What it does:
The Crypto Flow Index presents a visual overview of the flows of retail and institutional capital into the four main market sectors: Large Caps, Alts Coins, Shit Coins, and Stable Coins as well as several other sub-sectors. Each sector is assigned a "Flow Score", which indicates its current performance, demand, and strength in percentage terms. The "Flow Score" also provides insights into the current stage of the market cycle and the typical over and underperformances of assets that correlate to it. Additionally, the index factors in the sector have a "Correlation" to the broader market, allowing you to see the best sectors for trading and investing, either for positional hedging or differential plays.
How to Use it:
To use the Trendmaster Crypto Flow Index, you can simply observe the evolving colored line within the indicator and the table overview. You can identify which sectors are outperforming or underperforming the general market and make informed decisions about where to direct your focus and funds. By monitoring the transitions of Flow between sectors, you can gain invaluable insights into the market cycle and the typical over and underperformances of assets that correlate to it. This information will help you to maximize portfolio efficiency by targeting different market sectors based on their performance to the overall cryptocurrency market. The index covers different sectors, including Large caps, Alts, Shit, Stables, AI, Defi, Dex, Exchange, Gaming, Meme, Metaverse, Nft, Privacy, Smart, and Sports.
Examples of Cryptocurrencies represented in the different market sectors:
Large caps: The biggest market cap cryptocurrencies such as BTC and ETH.
Alts: High-cap and high-volume digital assets that are smaller than large caps, such as LTC and XRP.
Shit coins: Smaller cap projects that are highly speculative and experience significant price volatility, such as BAT and HOT.
Stables: Fiat-pegged assets that provide a stable value, such as USDT and USDC.
AI: Projects that are based on artificial intelligence, such as FET and AGIX.
DeFi: Leverages high volume smart contract platforms to provide financial products in crypto, mainly ERC20 tokens such as LINK and AAVE.
DEX: Decentralized exchanges with their own utility tokens, such as UNI and SUSHI.
Exchange: Centralized exchanges with their own utility tokens, such as BNB and CRO.
Gaming: Web3/crypto gaming platforms with their own utility tokens, such as AXS and GMT.
Meme: Similar to shit coins, but with no real functionality and based purely on social media and memes, such as DOGE and SHIB.
Metaverse: Projects that aim to provide Metaverse assets such as virtual land and assets, such as MANA and SAND.
NFT: Non-fungible tokens with their own token or NFT-based platforms that have their own utility tokens, such as APE and LOOKS.
Privacy: Anonymous and privacy-focused chains, such as XMR and ZEC.
Smart: Projects that provide smart contract alternatives to ETH, such as ADA and AVAX.
Sports: Fan tokens based on real-world sports teams or platforms that support and distribute them, such as CHZ and FLOW.
Shorting when Bollinger Band Above Price with RSI (by Coinrule)The Bollinger Bands are among the most famous and widely used indicators. A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average ( SMA ) of a security's price, but which can be adjusted to user preferences. They can suggest when an asset is oversold or overbought in the short term, thus providing the best time for buying and selling it.
The relative strength index ( RSI ) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI can do more than point to overbought and oversold securities. It can also indicate securities primed for a trend reversal or corrective pullback in price. It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition.
The short order is placed on assets that present strong momentum when it's more likely that it is about to reverse. The rule strategy places and closes the order when the following conditions are met:
ENTRY
The closing price is greater than the upper standard deviation of the Bollinger Bands
The RSI is less than 70.
EXIT
The trade is closed when the RSI is less than 70
The lower standard deviation of the Bollinger Band is less than the closing price.
This strategy was backtested from the beginning of 2022 to capture how this strategy would perform in a bear market.
The strategy assumes each order to trade 70% of the available capital to make the results more realistic. A trading fee of 0.1% is taken into account. The fee is aligned to the base fee applied on Binance, which is the largest cryptocurrency exchange by volume.
Short Term Bubble RiskThis risk indicator uses the extension of the closing price to the 20W SMA and displays a color-coded risk oscillator. The higher the oscillator is, the greater the short-term risk and vice-versa. This indicator has historically worked well for estimating the short-term risk of Bitcoin and Ethereum on a weekly timeframe.
Customizable Moving Average RibbonThis indicator is a highly customizable moving average ribbon with some unique features.
This script can utilize multiple unique sources, including a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the MA ribbon. Insignificant price movements will not cause a change in the plotted lines of the indicator unless a new threshold is breached or a "brick" is created. This is highly useful for quickly identifying consolidation areas or overall flat price movement.
There are two methods for selecting the box size when utilizing the renko source. Box size is critical for the overall function and efficacy of the plots you will visually see with this indicator. Box size is set automatically using the Average True Range "ATR" or manually using the "Traditional" setting. The simplest way to determine a manual box size is to take the ATR of the given instrument and round it to the nearest decimal place. As an example, if the ATR for the asset is 0.18, you would round that number to 0.2 and utilize this as your traditional box size.
The MA ribbon contains eleven adjustable moving average lines. Users can choose to turn off as many as they would like. Users can also adjust the length of the individual moving averages and the source for all moving averages. There are nine types of moving averages to choose from for the ribbon. The MA options are:
Exponential Moving Average = 'EMA'
Double Exponential Moving Average= 'DEMA'
Triple Exponential Moving Average = 'TEMA'
Simple Moving Average = 'SMA'
Relative Moving Average = 'RMA'
Volume Weighted Moving Average = 'VWMA'
Weighted Moving Average = 'WMA'
Smoothed Simple Moving Average = 'SSMA'
Hull Moving Average = 'HULL'
We believe that the ribbons features, including the line color change, help quickly identify trends and give users optimum customization. Users can select from five different color schemes including:
Green/Red
Purple/White
White/Blue
Silver / Orange
Teal/ Orange
Multi indicators tableThis is a comprehensive trading tool that presents an overview of the market in a tabular format. It consists of five distinct categories of trading indicators : Volatility, Trend, Momentum, Reversal, and Volume. Each category includes a series of indicators that are widely used in the trading communauty.
The Volatility category includes the Average True Range (ATR) and Bollinger Bands indicators. The Trend category comprises the Average Directional Index (ADX), four Exponential Moving Averages (EMAs), Aroon, Parabolic SAR, and the Supertrend. The Momentum category includes the Stochastic Relative Strength Index (StochRSI), Money Flow Index (MFI), Williams %R, Relative Strength Index (RSI), and Commodity Channel Index (CCI). The Reversal category includes Parabolic SAR, Moving Average Convergence Divergence (MACD), and PP Supertrend. Finally, the Volume category includes the Volume Exponential Moving Average (EMA) indicator.
The indicators states are easily readable, the indicator case is colored based on his actual state. A bullish color (green by default), a bearish color (red by default),
a very bullish color (dark green by default), a very bearish color (dark red by default) and a neutral color (gray by default) displayed when the indicator doesn't give us a clear signal. Some indicators do not have a very bullish or very bearish state. Concerning volatility indicators, the bullish color indicates high volatility, the bearish color indicates low volatility, and the neutral color indicates normal volatility.
Most of the indicators displayed in the table are customizable, and traders can choose to hide the categories they don't want to use. The Indicator provides a quick and easily readable view on the market and allows traders to reduce the number of indicators on their chart making it lighter and more readable.
Bitcoin Correlation MapHello everyone,
This indicator shows the correlation coefficients of altcoins with bitcoin in a table.
What is the correlation coefficient?
The correlation coefficient is a value that takes a value between 0 and 1 when a parity makes similar movements with the reference parity, and takes a value between 0 and -1 when it makes opposite movements.
In order to obtain more meaningful and real-time results in this indicator, the weighted average of the correlation values of the last 200bar was used. You can change the bar length as you wish. With the correlation value, you can see the parities that have similar movements with bitcoin and integrate them into your strategy.
You can change the coin list as you wish, and you can also calculate their correlation with etherium instead of bitcoin .
The indicator shows the correlation value of 36 altcoins at the moment.
The indicator indicates the color of the correlated parities as green and the color of the inversely correlated parities as red.
Cheers
Dynamic Volume Oscillator [CryptoScripts]The Dynamic Volume Oscillator uses a combination of volume and momentum to nail whenever a reversal is likely to happen. I've also included divergences (both regular and hidden) that you can toggle on/off and adjust the settings to fit your trading style.
Colors - The green wave indicates an uptrend while the purple wave indicates a downtrend.
Overbought/Oversold - Green backgrounds indicate the DVO is oversold and a reversal to the upside is likely to happen within the next few candles. Red backgrounds indicate the DVO is overbought and a reversal to the downside is likely to happen within the next few candles. You can adjust the levels to trigger when the signal flashes. Experiment with different timeframes/altcoins to see which settings work best. Some coins are more volatile than others and lower timeframes tend to reach higher levels vs higher timeframes.
Divergences - The settings of 1 and 3 for the lookbacks are so the divergence signal appears only 1 candle before the actual divergence happens (on the replay tool) vs 4-5 candles from other indicators. This means your entry on a divergence signal is 2 candles after it prints (for backtesting purposes).
Alerts - I also added alerts for Overbought, Oversold, Regular and Hidden Bearish/Bullish Divergences.
Let me know if you have any questions! Enjoy :)
Token Metrics IndicatorThe Token Metrics Combined Indicator v2 is a comprehensive technical analysis tool designed to output Long/Short signals for crypto assets on TradingView. It combines multiple indicators, including Token Metrics Clouds, Token Metrics Trend Lines , Token Metrics Channels, and signals, to give a comprehensive outlook on the market trend and potential entry/exit points.
Users can backtest the signals to understand the strategy's historical performance, learn how to use it, identify its pros and cons, and determine the market conditions it best suits. It is important to note that the backtesting performance does not indicate future results.
The methods for calculating fixed stop-losses vary depending on the trading pattern. A fixed stop-loss is used for long-term trading, while a trading stop-loss is used for high-frequency trading. This provides flexible investment risk management, allowing you to assign different stop-loss percentages to different trading strategies.
The Length input allows users to control the indicator’s sensitivity, with a default value of 20 bars for long-term trading and 9 bars for high-frequency trading. The Adjustment Factor input has a default value of 0.1 and can be adjusted to adapt to changing levels of volatility . The Stop-loss input allows users to control their risk tolerance, with a default value of 8% for long-term trading and 2% for high-frequency trading.
Token Metrics Clouds incorporates a bullish / bearish trend indicator, which uses two adaptive moving averages that adapt to volatility , reducing false trend signals during range-bound environments and providing a more accurate representation of market trends.
The Token Metrics Trendline is a long-term indicator that uses an adaptive moving average to identify long-term trends. This can also be used for long-term resistance and support levels, providing a comprehensive overview of the current market situation for both long-term and high-frequency traders.
The Token Metrics Signals indicator provides long, short, and close signals, indicating when to enter and exit long or short positions based on the TM trend-following strategy.
The Token Metrics Channels indicator is a top/bottom indicator that adjusts to current levels of volatility . This uses adaptive Donchian channels to determine the previous short-term swing high and low, providing insight into where short-term resistance or support might be forming and where breakouts can occur. The look-back periods change according to the strategy time frame, offering a flexible and dynamic approach to market analysis.
Long-term trading is a trend-following strategy best suited for daily and weekly timeframes. This strategy works well in trending markets but may produce false signals in choppy or range-bound markets.
High-frequency trading is a mean-reverting strategy best suited for 15-minute, 30-minute, and 1-hour timeframes. This strategy performs well in choppy or range-bound markets but may not be effective in strong trending markets.
Renko Ichimoku CloudThis script utilizes its source from a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the Ichimoku Cloud. Insignificant price movements will not cause a change in the plotted lines of the indicator unless a new threshold is breached or a "brick" is created.
This Ichmoku Cloud includes all standard lines with standard lengths. These include:
Tenken Sen
Kiju Sen
Senkou A/B
Chikou Span
We have also included plotted marks for when there is a Tenken Sen/ Kiju Sen cross and for the Kumo cloud twist.
There are two methods for selecting the box size. Box size is critical for the overall function and efficacy of the plots you will visually see with this indicator. Box size is set automatically using the Average True Range "ATR" or manually using the "Traditional" setting. The simplest way to determine a manual box six is to take the ATR of the given instrument and round it to the nearest decimal place. As an example, if the ATR for the asset is 0.017, you would round that number to 0.02 and utilize this as your traditional box size.
Live Portfolio ScreenerThe live portfolio screener indicator is a tool that help users to track the performance of their investments in real-time. The indicator provides a detailed breakdown of the user's portfolio, including the current profit and loss (P&L) for each stock that is invested in. This allows users to quickly and easily see how their portfolio is performing and make informed decisions about their investments on charts. Overall, this tool is an essential tool for anyone looking to stay on top of their investments and make data-driven decisions.
This indicator can load any symbol globally usable.
How to use this indicator ?
in this indicator firstly
you have add script name. (For example if you want to add symbol you have add in 's01 ' means the first symbol)
after that
you have to add price for each (For example if you want to add buy price for the first symbol then add the buy price in ' Bp01 ')
then the quantity comes in picture which is below price list and named here as Bq01 which means 'Buy quantity for first symbol'
Ichimoku Cloud and ADX with Trailing Stop Loss (by Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
DMI is simple to interpret. When +DI > - DI, it means the price is trending up. On the other hand, when -DI > +DI, the trend is weak or moving on the downside. The ADX does not give an indication of the direction but about the strength of the trend.
Typically values of ADX above 25 mean that the trend is steeply moving up or down, based on the -DI and +DI positioning. This script aims to capture swings in the DMI, and thus, in the trend of the asset, using a contrarian approach.
Trading on high values of ADX, the strategy tries to spot extremely oversold and overbought conditions. Values of ADX above 45 may suggest that the trend has overextended and is maybe about to reverse.
This strategy combines the Ichimoku Cloud with the ADX indicator to better enter trades.
Long orders are placed when these basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
MACD line crosses over the signal line
-DI is greater than +DI
ADX is greater than 45
Close Position:
3% increase trailing
3% decrease trailing
The script is backtested from December 2022 and provides good returns.
A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Crypto Index (DXY) CandlesA modification of @loxx's "Dollar Index (DXY) Candles" allowing for a user selected basket of tickers using the same weights as the standard DXY. Ticker Inputs are in descending order so highest weight is at the top by default, although weighting can be changed manually by modifying the symbol's corresponding weight input in the settings. The Idea was to get a bird's eye view of the crypto space using some of the more relevant names in the space. User's can use the toggle in the settings for viewing the default DXY for comparison. Indicator should be used as a confirmation when looking at long term trend changes in the space, shorter time frames may, or may not be as useful.
RSI and MA with Trailing Stop Loss and Take Profit (by Coinrule)The relative strength index is a momentum indicator used in technical analysis. It measures the speed and magnitude of a coin's recent price changes to evaluate overvalued or undervalued conditions in the price of that coin. The RSI is displayed as an oscillator (a line graph essentially) on a scale of zero to 100. When the RSI reaches oversold levels, it can provide a signal to go long. When the RSI reaches overbought levels, it can mark a good exit point or alternatively, an entry for a short position. Traditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition.
A moving average (MA) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range. Essentially it is used to help smooth out price data by creating a constantly updated average price.
The Strategy enters and closes trades when the following conditions are met:
Entry Conditions:
RSI is greater than 50
MA9 is greater than MA50
RSI increases by 5
Exit Conditions:
Price increases by 1% trailing
Price decreases by 2% trailing
This strategy is back-tested from 1 January 2022 to simulate how the strategy would work in a bear market. The strategy provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Macro Score - DFMA-BasedA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMA - Democratic Fibonacci Moving Average - is a separate indicator that we have released that takes 10 different Fibonacci MAs (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMA line. This helps by creating a consensus on the trend based on moving averages alone. Crossovers of the DFMA with the various Fib MA lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMA line/Fib MA (233) as well as the crosses of the Fib MA (3)/DFMA. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These foursignals hold a lighter weight than the MA cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a blue momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score (-5/5).
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
Default Properties, for AVAX 20M:
DPO - 40, uncentered
CMO - 25, open
K/D - 3/3
RSI Stoch Length - 3
Stoch Length - 4
Stoch Source - open
JVB Length - 25
JVB Smoothing - 2
DFMA source - close
Macro Length - 13
TP % - 1.5%
TTP % - 0.005%
SL % - 2%
VWMA/SMA 3Commas BotThis strategy utilizes two pairs of different Moving Averages, two Volume-Weighted Moving Averages (VWMA) and two Simple Moving Averages (SMA).
There is a FAST and SLOW version of each VWMA and SMA.
The concept behind this strategy is that volume is not taken into account when calculating a Simple Moving Average.
Simple Moving Averages are often used to determine the dominant direction of price movement and to help a trader look past any short-term volatility or 'noise' from price movement, and instead determine the OVERALL direction of price movement so that one can trade in that direction (trend-following) or look for opportunities to trade AGAINST that direction (fading).
By comparing the different movements of a Volume-Weighted Moving Average against a Simple Moving Average of the same length, a trader can get a better picture of what price movements are actually significant, helping to reduce false signals that might occur from only using Simple Moving Averages.
The practical applications of this strategy are identifying dominant directional trends. These can be found when the Volume Weighted Moving Average is moving in the same direction as the Simple Moving Average, and ideally, tracking above it.
This would indicate that there is sufficient volume supporting an uptrend or downtrend, and thus gives traders additional confirmation to potentially look for a trade in that direction.
One can initially look for the Fast VWMA to track above the Fast SMA as your initial sign of bullish confirmation (reversed for downtrending markets). Then, when the Fast VWMA crosses over the Slow SMA, one can determine additional trend strength. Finally, when the Slow VWMA crosses over the Slow SMA, one can determine that the trend is truly strong.
Traders can choose to look for trade entries at either of those triggers, depending on risk tolerance and risk appetite.
Furthermore, this strategy can be used to identify divergence or weakness in trending movements. This is very helpful for identifying potential areas to exit one's trade or even look for counter-trend trades (reversals).
These moments occur when the Volume-Weighted Moving Average, either fast or slow, begins to trade in the opposite direction as their Simple Moving Average counterpart.
For instance, if price has been trending upwards for awhile, and the Fast VWMA begins to trade underneath the Fast SMA, this is an indication that volume is beginning to falter. Uptrends need appropriate volume to continue moving with momentum, so when we see volume begin to falter, it can be a potential sign of an upcoming reversal in trend.
Depending on how quickly one wants to enter into a movement, one could look for crosses of the Fast VWMA under/over the Fast SMA, crosses of the Fast VWMA over/under the Slow SMA, or crosses over/under of the Slow VWMA and the Slow SMA.
This concept was originally published here on TradingView by ProfitProgrammers.
Here is a link to his original indicator script:
I have added onto this concept by:
converting the original indicator into a strategy tester for backtesting
adding the ability to conveniently test long or short strategies, or both
adding the ability to calculate dynamic position sizes
adding the ability to calculate dynamic stop losses and take profit levels using the Average True Range
adding the ability to exit trades based on overbought/oversold crosses of the Stochastic RSI
conveniently switch between different thresholds or speeds of the Moving Average crosses to test different strategies on different asset classes
easily hook this strategy up to 3Commas for automation via their DCA bot feature
Full credit to ProfitProgrammers for the original concept and idea.
Any feedback or suggestions are greatly appreciated.
Fast EMA above Slow EMA with MACD (by Coinrule)An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average simple moving average ( SMA ), which applies an equal weight to all observations in the period.
Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average ( EMA ) from the 12-period EMA .
The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the coin when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line. Moving average convergence divergence ( MACD ) indicators can be interpreted in several ways, but the more common methods are crossovers, divergences, and rapid rises/falls.
The Strategy enters and closes the trade when the following conditions are met:
LONG
The MACD histogram turns bullish
EMA8 is greater than EMA26
EXIT
Price increases 3% trailing
Price decreases 1% trailing
This strategy is back-tested from 1 January 2022 to simulate how the strategy would work in a bear market and provides good returns.
Pairs that produce very strong results include AXSUSDT on the 5-minute timeframe. This short timeframe means that this strategy opens and closes trades regularly.
Additionally, the trailing stop loss and take profit conditions can also be changed to match your needs.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Macro Score -- User-Customized Scores and SignalsA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger. This particular strategy allows the user to choose between 18 different signals to be used in scoring as well as allowing the user to determine the individual weights of each score as well as the overall threshold to determine long or short signals. Weights for each score range between 1 and 5, with 5 being the greatest weight. The overall threshold for long or short is dependent on the total possible weights added together (i.e. if your weights total -10 or +10, a threshold within this range must be used).
The macro score itself is printed in an underlay as a white line that goes between the maximum positive and negative values for all weights added together for this strategy. In addition to the macro score line, a green momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score. The length of the Macro Score's momentum line can be found in the settings.
The current signals to choose from include:
- ADX Threshold - if the Average Directional Index is above a set threshold, signal positive or negative
- CMF Threshold - if the Chaikin Money Flow oscillator is above 0, signal positive; otherwise, signal negative
- CMO > TSI Signal - signal positive if there is a cross of the Chande Momentum Oscillator and the True Strength Index signal line
- CMO Threshold - if the Chande Momentum Oscillator is above 0, signal positive; otherwise, signal negative
- DPO Threshold - if the Detrended Price Oscillator is above 0, signal positive; otherwise, signal negative
- EOM Threshold - if the Ease of Money Oscillator is above 0, signal positive; otherwise, signal negative
- Jurik Threshold - if the Jurik price line (from the Jurik Volatility Bands) is above 0, signal positive; otherwise, signal negative
- MACD Threshold - if the MACD signal line is above 0, signal positive; otherwise, signal negative
- McGinley Cross - a crossover of a fast McGinley Dynamic length line and a slow McGinley Dynamic line signals positive; otherwise, signal negative
- PSAR - if the direction of the PSAR is heading long, signal positive; otherwise, signal negative
- ROC Threshold - if the Rate of Change oscillator is above 0, signal positive; otherwise, signal negative
- RSI Threshold - if the Relative Strength Index is above 50, signal positive; otherwise, signal negative
- Stoch RSI Threshold - if the Stoch RSI is above 50, signal positive; otherwise, signal negative
- Supertrend - if the Supertrend determines long, signal positive; otherwise, signal negative
- TSI Cross - a crossover of the True Strength Index value line and the TSI signal line signals positive; otherwise, signal negative
- TSI Signal Threshold - if the TSI signal line is above 0, signal positive; otherwise, signal negative
- Williams Alligator Cross - if the Williams Alligator lips cross the teeth and jaw, signal positive; otherwise, signal negative
- Williams %R - if the Williams %R is above -50, signal positive; otherwise, signal negative
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
Sample setup for SOLUSDT 30M:
- Score 1 - Value 4, PSAR (0.05 start, 0.02 increment, 0.2 max value; sourced open)
- Score 2 - Value 4, Jurik Threshold (JVB Length 25, JVB Smoothing 6, JVB Price Threshold 0)
- Score 3 - Value 5, DPO Threshold (DPO Length 40, uncentered)
- Score 4 - Value 5, CMO Threshold (CMO Length 40, sourced open)
- Score 5 - Value 2, MACD Threshold (Fast Length 12, Slow Length 30, sourced open)
- Macro Length 21
- Long Threshold - -3
- Short Threshold - +3
- Take Profit % - 0.9/0.9
- Trail % - 0.005
- Stop Loss % - 1.4
Sample setup for AVAXUSDT 20M:
- Score 1 - Value 3, TSI Cross (Long Length 25, Short Length 16, Signal Length 17)
- Score 2 - Value 2, TSI Signal Threshold (same settings as the TSI Cross)
- Score 3 - Value 2, Jurik Threshold (JVB Length 20, JVB Smoothing 8, JVB Price Threshold 0)
- Score 4 - Value 2, DPO Threshold (DPO Length 40, uncentered)
- Score 5 - Value 1, Stoch Threshold (K/D 3, RSI (Stoch) Length 10, Stochastic Length 4, sourced open)
- Macro Length 13
- Long Threshold - +5
- Short Threshold - -5
- Take Profit % - 1.2/1.2
- Trail % - 0.005
- Stop Loss % - 1.5
Wave Fusion By CryptoScriptsThe Wave Fusion indicator is finally here! This indicator is a combination of the Wave Strength Oscillator and RSVP Extractor. It used a combination of momentum waves, volume, price, RSI, and statistical analysis to help nail down whenever the current price is overextended and due for a reversal. I'm currently using the 1D timeframe for BTC but feel free to experiment on different timeframes to see what works best for you. In the description below, I'll go over each signal, how it's derived, and how to use them!
Oversold (Green shaded area) - The oversold indication appears whenever all oscillators are oversold and is usually a good indicator that a reversal to the upside is around the corner (at least for a short period). Be advised these are the weakest of the three signals so I recommend using this signal with other indicators (such as my MFI Pro).
Overbought (Red shaded area) - The overbought indication appears whenever all oscillators are overbought and is usually a good indicator that a reversal to the downside is around the corner (at least for a short period). Be advised these are the weakest of the three signals so I recommend using this signal with other indicators (such as my MFI Pro).
Green Diamond - The green diamonds indicate whenever one or more oscillators are oversold AND one or more oscillators are outside of the bollinger bands, which is great for catching reversals to the upside. These may come two or three at a time so it may be best to wait until they have all printed before entering.
Red Diamond - The red diamonds indicate whenever one or more oscillators are overbought AND one or more oscillators are outside of the bollinger bands which is great for catching reversals to the downside (as seen in the chart). These may come two or three at a time so it may be best to wait until they have all printed before entering.
Rocket - The rocket symbol occurs whenever ALL oscillators are oversold and one or more oscillators are outside of the bollinger bands . This is great for catching reversals to the upside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Red Alarm - The red alarm symbol occurs whenever ALL oscillators are overbought and one or more oscillators are outside of the bollinger bands . This is great for catching reversals to the downside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Moon - The Moon symbol occurs whenever ALL oscillators are oversold and ALL oscillators are outside of the bollinger bands . This is great for catching reversals to the upside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Blood Moon - The red alarm symbol occurs whenever ALL oscillators are overbought and ALL oscillators are outside of the bollinger bands . This is great for catching reversals to the downside but may come two or three at a time so it may be best to wait until they have all printed before entering.
Strongest to Weakest Buy Signals - Moon --> Rocket --> Green Diamond --> Green Shaded Area
Strongest to Weakest Sell Signals - Blood Moon --> Red Alarm --> Red Diamond --> Red Shaded Area
Input Options
Show Histogram - I also included a Histogram in the indicator to help gauge the level of buys/sell strength but kept it hidden for the default levels (i.e a green diamond with a red histogram bar is usually a good sign a reversal is about to happen to the upside whereas a green diamond with a green histogram bar may indicate a false reversal and there's still more room to the downside until a red bar appears. Always backtest this!)
Show Overbought/Oversold Levels - This is if you want to ignore all of the green/red shaded areas and only focus on the diamonds and rocket/alarm signals
Wave Overbought/Oversold Levels - Free free to change to value of the overbought/oversold levels to change where the green/red shades areas print
Momentum Overbought/Oversold Levels - Free free to change to value of the overbought/oversold levels to change where the green/red shades areas print
Histogram Length - This will not change anything with the signals but I included it so you can change the visuals if it helps you
Momentum Length - This will change where the signals plot
Momentum Signal - This only changes the yellow signal line and nothing else. It's not incorporated into any equation
Average Length - This will change where the signals plot
Alerts
I've set alerts on this indicator for each icon (Oversold, Overbought, Green Diamond, Red Diamond, Rocket, Red Alarm, Moon , Blood Moon). I HIGHLY recommend setting the alerts for Candle Close so that you can be sure the signal is confirmed.
You may notice that the indicator can give multiple signals back-to-back or be overbought/oversold for multiple candles. When this happens, it's best to look at other indicators such as the MFI Pro, MACD, etc to nail the best entry and have confluence with your decision. With that said, having multiple signals back-to-back can also be an indication that the move is close to happening. This indicator works with crypto and stocks as well.
If you have any questions or would like to purchase this indicator, please comment below or PM me. I also made a video tutorial for the indicator on my Youtube channel (link is next to my profile pic)
Be advised past performance is not indicative of future returns. Backtest EVERY timeframe and NEVER blindly take signals! Also, never invest more than you can afford to lose.
Enjoy :)
Coin & market cap tableThis table was built specifically for the Crypto market.
It gives you a quick overview of the markets without having to scroll through numerous charts. The information is the overall markets daily change and the charts coins movement on a daily, weekly and monthly basis.
The weeks start on a Monday morning, the months start on the 1st of the month so this is last weeks data and last calendar months data.
It also gives you Bitcoins dominance. (Total2) you can change it to Bitcoin & Ethereum dominance (Total3)
