MCG - Meme Coin Gains [Logue]Meme Coin Gains. Investor preference for meme coin trading may signal irrational exuberance in the crypto market. If a large spike in meme coin gains is observed, a top may be near. Therefore, the gains of the most popular meme coins (DOGE, SHIB, SATS, ORDI, BONK, PEPE, and FLOKI) were averaged together in this indicator to help indicate potential mania phases, which may signal nearing of a top. Two simple moving averages of the meme coin gains are used to smooth the data and help visualize changes in trend. In back testing, I found a 10-day "fast" sma and a 20-day "slow" sma of the meme coin gains works well to signal tops and bottoms when extreme values of this indicator are reached.
Meme coins were not traded heavily prior to 2020. Therefore, there is only one cycle to test at the time of initial publication. Also, the meme coin space moves fast, so more meme coins may need to be added later. Also, once a meme coin has finished its mania phase where everyone and their mother has heard of it, it doesn't seem to run again (at least with the data up until time of publication). Therefore, the value of this indicator may not be great unless it is updated frequently.
The two moving averages are plotted. For the indicator, top and bottom "slow" sma trigger lines are plotted. The sma trigger line and the periods (daily) of the moving averages can be modified to your own preferences. The "slow" sma going above or below the trigger lines will print a different background color. Plot on a linear scale if you want to view this as similar to an RSI-type indicator. Plot on a log scale if you want to view as similar to a stochastic RSI.
Use this indicator at your own risk. I make no claims as to its accuracy in forecasting future trend changes of Bitcoin or the crypto market.
Search in scripts for "Cycle"
MCV - Meme Coin Volume [Logue]Meme Coin Volume. Investor preference for meme coin trading may signal irrational exuberance in the crypto market. If a large spike in meme coin volume is observed, a top may be near. Therefore, the volume of the most popular meme coins was added together in this indicator to help indicate potential mania phases, which may signal nearing of a top. A simple moving average of the meme coin volume also helps visualize the trend while reducing the noise. In back testing, I found a 10-day sma of the meme coin volume works well.
Meme coins were not traded heavily prior to 2020. Therefore, there is only one cycle to test at the time of initial publication. Also, the meme coin space moves fast, so more meme coins may need to be added later.
The total volume is plotted along with a moving average of the volume. For the indicator, you are able to change the raw volume trigger line, the sma trigger line, and the period (daily) of the sma to your own preferences. The raw volume or sma going above their respective trigger lines will print a different background color.
Use this indicator at your own risk. I make no claims as to its accuracy in forecasting future trend changes of Bitcoin or the crypto market.
Roberts Pi Cycle Top and Bottom Indicator BTCIndicator Overview
The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days.
It uses the 111 day moving average (111DMA) and a newly created multiple of the 350 day moving average, the 350DMA x 2.
This updated indicator is based on the original x2 Daily Simple Moving Average Pi Cycle Top Indicator for BTCUSD but with the addition of a 3rd 350 SMA
Standard Pi Cycle SMA = 350*2 SMA + 111 SMA
Updated Pi Cycle SMA = 350*2 SMA + 111 SMA + 350 SMA
How It Can Be Used / How to Read:
Chart should be used on BTCUSD only
Chart should be set to Daily Timeframe only
Buy signal RED SMA crosses up over WHITE SMA
Sell Signal RED SMA crosses up over GREEN SMA (a vetical yellow line will indicate the cycle top)
Sessions ALL + 5 Custom (Redcrabice)I created a simple script that show the most 5 important sessions. i know that there are many other "sessions" scripts out there but most of them doesnt do what i want and some even lag alot because of the amount of codes. so i decided to create a simple browser friendly script that show 5 most important sessions. asia , frankfurt, london , newyork open and newyork along with 5 custom session for your own liking.
this is 1/3 series and indicator that i use along with my other indicators.
this code is based on my 90min cycle indicator and not a "repaint" as some people might say.
have a lovely trading journey.
sign
REDCRABICE
RVL Unreal Edge (concept build)Designed with a purpose, this script was intended for use by bots automating trading of XLM using a 6hr timeframe.
However the script has turned out to be a fantastic indicator on its own, and much of the power behind it is derived from John Ehler's incredible CG oscillator.
John Ehler was an electrical engineer, a Raytheon employee who began trading in the 1970's. He is best known for his work creating super-smoothing algorithms and methods of analysing cycle length and behaviour in price action, and his work in the field of zero-lag indicators - indicators that don't follow the price action, but are in fact capable of leading it actionably, and responding with essentially zero lag.
By approaching the price action as a sine wave with demonstrably a fractal nature, Ehler's makes a number of important advancements. His CG indicator is derived from calculations typically used to derive the centre of gravity in a physical object. It effectively works as a band-pass filter and is possibly one of the very best leading indicators avaliable.
Financial Astrology Mercury Helio HarmonicsMercury Helio Harmonics indicator represent the tropical zodiac energy forces that develop through the course of Mercury in the heliocentric zodiac wheel. The waves indicates the strength of cardinal energy (initiator) and it's harmonics. In Financial Astrology, Mercury represents the commerce, negotiations, transactions and trading, is very important cycle for trading.
Note: The Mercury Helio Harmonics indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the data is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart timezone.
Financial Astrology Jupiter DeclinationJupiter moving from South declination minima toward the North maxima and during all the travel from North maxima to zero declination produced the strong bullish long term trend, this coincide with other planets declinations observations, in general, we noted that when a planet is in North declination (above zero boundary) this strengthen the planet force and produces more strong price effects.
This Jupiter declination pattern needs more research in others markets, will be great to get the participation from more financial astrologers that could research this declination cycle in other markets and share feedback with us.
Note: The Jupiter declination indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the declination is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
Financial Astrology Sun DeclinationExtreme Sun declinations occurs at the solstices of summer and fall which correspond to the entry of Sun into Cancer and Capricorn respectively. At this extreme points we can observe that many markets tend to produce corrections. Is very interesting to see that when Sun reach the lowest and highest declination extremes. this events correlates very close to price corrections, is not an infalible rule, don't repeat for all observations but in many occurrences during all the historical data that we have of BTCUSD since 2010 have happened.
Is very likely that this same pattern repeats in others markets so will be great to get the participation of other financial astrologers that could research this cycle and share feedback with us.
Note: The Sun declination indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the declination is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
Cyclical volatility index v1This indicator is used to measure the volatility of the cycle in question.
It is very useful for clearly reading impulsive phases or corrective phases
Calculate average volatility and current volatility
The labels improve the visualization.
It is fully customizable in shapes and colors
C and the ability to disable labels
For any bugs contact the creators
Quad centered moving averages v1This indicator includes four centered moving average!
The missing periods have been reconstructed with a very complex approximation and projection technique!
The hatched areas are approximations of the missing periods projected into the future.
It is possible to set the centering of the averages through the variable "Approximation Lenght" and the ratio between the main average and the underlying in "Period Partition".
Practical example of setting:
"Approximation Lenght" equal to 2 means that the centering will be of half a period.
"Period Partition" makes sure to cascade all averages by dividing them by the same number.
//Once decided the Main Cycle (default 256) we will get the 4 averages:
-red to 128
-orange 64
-yellow 32
-white 16
This is a great tool for cyclical analysis.
It is not possible, due to the pinescript v4 language limit, to set the average under 35 periods and over 1070 periods.
For any bugs contact the creators
BEAMThe BEAM indicator helps identifying promising times during a cycle for buying and selling Bitcoin or other crypto currencies. It can also be used with gold or silver after adjusting its parameters, but does not work very well with stocks.
Disclaimer: This is not financial advice. For educational purposes only.
Financial Freedom WaveRipper - Momentum MulticatorIn the Spirit of '76 commemorating this day on July 4th, this is my third indicator released using Pine Script version 4.0, something I contributed to often in a small role, and will continue to do, in my free time. Without revealing my American secret sauce ingenuity excessively, this indicator uses a high performance momentum algorithm that blows most momentum algorithms out the water. It's characteristics display blatantly the swift momentum at which directional high speed wind driven swells create rip tides in an asset. Not being drug out to sea and quickly going "under water" so to speak, is best mitigated by very timely, accurate information. Regarding the use of this script, the bright yellow line has a damping factor of 4 and the longest adjustable damping factor is 66.
My idea initially was... while there is great "one liner indicators" to use, I thought, why not multi-line "multicators" with little to adjust concerning dominant cycle fluctuations in the market. And voila, another radical experiment, turned visually compelling, similar to tumultuous ocean waves and how incredibly fast turning points can wax and wane, yet be anticipated. Living in America, I was once again determined to attain a replica of "Old Glory" in this companion multicator as well. It's embedded artwork makes it an articator too. Which is why I waited to release this sibling appropriately on July 4th too, a day of celebration of freedom, an empowering idea that has reached dessimenation world wide to so many other nations and peoples.
I once again would personally like to thank the talented individuals at TV for providing a platform that embraces an initial free membership, which I first obtained myself, for people like me to freely code in Pine with mathemagical ideas and mental wizardry, creating ultimately, inventions like this eye candy display above.
Features List Includes:
"Source" Selection
Enable/disable dark background for enhanced visibility
Longest period adjustment providing any adjustable period setting
A subtly adjustable multiplier tweak
Minimalized enable/disable adjustment for the theme
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and ideas presented below in the comments section, when time provides it. As always, "Like" it if you like it, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
ALMA Hurst Cycles - Potential Pivot points.Experiment in finding potential pivots using using multiple period volatility measurements (ATR) and ALMA.
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Warning!!! Must be tuned to obtain a good price fit for your time frame and instrument (and probably general market conditions). Default settings are only eyeball fit for XBTUSD 5M
So proper write up for a change :p
So a single ATR measurement say ATR(5) doesn't give much information alone, it doesn't give us direction for example. However if we plot a MA (in this case the Arnaud Legoux MA) and plot bands which are a multiple of the ATR around the MA we get a potential trading range based on recent volatility.
The assumption being that if volatility remains approximately the same AND if price moves beyond this ATR range it is highly probable to result in a reversion to the mean. Having reached the limit of recent volatility, available buying/selling pressure is exhausted and price pivots from that point back to the mean.
Now, if we plot multiple MA's of different lengths, they alone don't tell us too much alone either. But we also find reversions to the mean occurring between say a long and short MA. The short MA will rise above/below the long MA, return to the mean etc creating crossovers.
So we combine the two concepts. Three different length MAs with corresponding ATR lengths. The smallest band cycles above/below the median of the medium band (diverging from and reverting to the mean) and the medium band cycles above/below the median of the large band.
We want to find extreme points where a pivot is probable. The small band "bounces" or cycles back and forth within the medium band and the medium band "bounces" or cycles back and forth within the large band. Approximate short, medium and long trading ranges relative to MAs.
So for example and theoretically when the small band cycles to the top of the medium band AND the medium band cycles to the top of the large band and the price has risen above all of them, there is a high probability of there being a reversal.
So here's the interesting bit. There is far more going on than is immediately apparent. If you take the bands and normalize them (ie you pulled the median, upper and lower bands so they're straight horizontal lines), the price's position relative to the bands would give you something very, very close to an RSI.
The bands effectively give you three different length RSI's. When price exceeds all three bands is roughly equivalent to seeing the confluence of overbought/sold on three different length RSI's.
However unlike RSI, we also get an approximate trading range and price levels that that RSI would have to reach to indicate it is overbought/sold that takes into account recent volatility.
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Caveats :
Similar to RSI downsides. Multi leg pumps/dumps can remain overbought/sold and give false signals.
Extended, narrow and declining ranges/ squeezes don't require much change in price action to trigger false signals.
Performs the best when ranging.
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Signals and Bar Colors :
Bar colors (optional in settings) :
Green - Short MA > Medium MA > Long MA
Red - Short MA < Medium MA < Long MA
Three "tiered" signals:
Large triangles. High probabilty pivot. Price exceeded all bands at the top/bottom.
Medium triangles. Price exceeded the small and medium bands, DIDN'T exceed the large band AND the small band HAS exceeded the medium band.
Small triangles. Price exceeded the small and medium bands, DIDN'T exceed the large band AND the small band DIDN'T exceed the medium band.
Schaff Trend CycleThis indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
TMA cycle3ma cycles has 6 stages
green>lime>yellow>red>orange>aqua>green>...
trade on green and red zone:)
Retrograde Planets█ OVERVIEW
Retrograde Planets is a TradingView script that highlights the retrograde cycles for all the planets including : Mercury, Venus, Mars, Jupiter, Saturn, etc etc..
A lot of Time-Theory/Gann traders use these cycles to gauge volatility and trend of the market. This script can highlight all the previous retrograde cycles of any planet of your choice.
The settings are easy and simple, you will just need to select the planet and activate it from the setting. And of course, you can change the color of the highlighted area.
Retrograde Planets can also project the future retrograde cycles and highlights them for you a year in advance ( 365 days ).
█ Future Plans and upgrades to this script may include :
1. Advance labeling.
2. Statistics box.
And more! Feel free to contact me with any feature that you would like to see in this script
█ How to use :
1. Open the settings.
2. Choose the planet.
3. Enable the Cycles using the checkbox.
Give the script a few seconds and you should be set.
This script is coded as an addon to the Gann ToolBox package/scripts.
Full Moon and New Moon IndicatorThe Full Moon & New Moon Indicator is a custom Pine Script indicator which marks Full Moon (Pournami) and New Moon (Amavasya) events on the price chart. This indicator helps traders who incorporate lunar cycles into their market analysis, as certain traders believe these cycles influence market sentiment and price action. The current script is added for the year 2024 and 2025 and the dates are considered as per the Telugu calendar.
Features
✅ Identifies and labels Full Moon & New Moon days on the chart for the year 2024 and 2025
How it Works!
On a Full Moon day, it places a yellow label ("Pournami") above the corresponding candle.
On a New Moon day, it places a blue label ("Amavasya") above the corresponding candle.
Example Usage
When a Full Moon label appears, check for potential trend reversals or high volatility.
When a New Moon label appears, watch for market consolidation or a shift in sentiment.
Combine with candlestick patterns, support/resistance, or momentum indicators for a stronger trading setup.
🚀 Add this indicator to your TradingView chart and explore the market’s reaction to lunar cycles! 🌕
Medium Term Weighted Stochastic (STPMT) by DGTLa Stochastique Pondérée Moyen Terme (STPMT) , or Mᴇᴅɪᴜᴍ Tᴇʀᴍ Wᴇɪɢʜᴛᴇᴅ Sᴛᴏᴄʜᴀꜱᴛɪᴄꜱ created by Eric Lefort in 1999, a French trader and author of trading books
█ The STPMT indicator is a tool which concerns itself with both the direction and the timing of the market. The STPMT indicator helps the trader with:
The general trend by observing the level around which the indicator oscillates
The changes of direction in the market
The timing to open or close a position by observing the oscillations and by observing the relative position of the STPMT versus its moving average
STPMT Calculation
stpmt = (4,1 * stoch(5, 3) + 2,5 * stoch(14, 3) + stoch(45, 14) + 4 * stoch(75, 20)) / 11.6
Where the first argument of the stoch function representation above is period (length) of K and second argument smoothing period of K. The result series is then plotted as red line and its moving average as blue line. By default disabled gray lines are the components of the STPMT
The oscillations of the STPMT around its moving average define the timing to open a position as crossing of STMP line and moving average line in case when both trends have same direction. The moving average determines the direction.
Long examples
█ Tʜᴇ CYCLE Iɴᴅɪᴄᴀᴛᴏʀ is derived from the STPMT. It is
cycle = stpmt – stpmt moving average
It is indicates more clearly all buy and sell opportunities. On the other hand it does not give any information on market direction. The Cycle indicator is a great help in timing as it allows the trader to more easily see the median length of an oscillation around the average point. In this way the traders can simply use the time axis to identify both a favorable price and a favorable moment. The Cycle Indicator is presented as histogram
The Lefort indicators are not a trading strategy. They are tools for different purposes which can be combined and which can serve for trading all instruments (stocks, market indices, forex, commodities…) in a variety of time frames. Hence they can be used for both day trading and swing trading.
👉 For whom that would like simple version of the Cycle indicator on top of the main price chart with signals as presented below.
Please note that in the following code STMP moving average direction is not considered and will plot signals regardless of the direction of STMP moving average. It is not a non-repainting version too.
here is pine code for the overlay version
// © dgtrd
//@version=4
study("Medium Term Weighted Stochastic (STPMT) by DGT", "STPMT ʙʏ DGT ☼☾", true, format.price, 2, resolution="")
i_maLen = input(9 , "Stoch MA Length", minval=1)
i_periodK1 = input(5 , "K1" , minval=1)
i_smoothK1 = input(3 , "Smooth K1", minval=1)
i_weightK1 = input(4.1 , "Weight K1", minval=1, step=.1)
i_periodK2 = input(14 , "K2" , minval=1)
i_smoothK2 = input(3 , "Smooth K2", minval=1)
i_weightK2 = input(2.5 , "Weight K2", minval=1, step=.1)
i_periodK3 = input(45 , "K3" , minval=1)
i_smoothK3 = input(14 , "Smooth K3", minval=1)
i_weightK3 = input(1. , "Weight K3", minval=1, step=.1)
i_periodK4 = input(75 , "K4" , minval=1)
i_smoothK4 = input(20 , "Smooth K4", minval=1)
i_weightK4 = input(4. , "Weight K4", minval=1, step=.1)
i_data = input(false, "Components of the STPMT")
//------------------------------------------------------------------------------
// stochastic function
f_stoch(_periodK, _smoothK) => sma(stoch(close, high, low, _periodK), _smoothK)
//------------------------------------------------------------------------------
// calculations
// La Stochastique Pondérée Moyen Terme (STPMT) or Medium Term Weighted Stochastics calculation
stpmt = (i_weightK1 * f_stoch(i_periodK1, i_smoothK1) + i_weightK2 * f_stoch(i_periodK2, i_smoothK2) + i_weightK3 * f_stoch(i_periodK3, i_smoothK3) + i_weightK4 * f_stoch(i_periodK4, i_smoothK4)) / (i_weightK1 + i_weightK2 + i_weightK3 + i_weightK4)
stpmt_ma = sma(stpmt, i_maLen) // STPMT Moving Average
cycle = stpmt - stpmt_ma // Cycle Indicator
//------------------------------------------------------------------------------
// plotting
plotarrow(change(sign(cycle)), "STPMT Signals", color.green, color.red, 0, maxheight=41)
alertcondition(cross(cycle, 0), title="Trading Opportunity", message="STPMT Cycle : Probable Trade Opportunity\n{{exchange}}:{{ticker}}->\nPrice = {{close}},\nTime = {{time}}")
[blackcat] L2 Ehlers Cyber CycleLevel: 2
Background
John F. Ehlers introuced Cyber Cycle Indicator in his "Cybernetic Analysis for Stocks and Futures" chapter 4 on 2004.
Function
Trading the Cyber Cycle Indicator is straightforward. Buy when the at this point. Sell when the Cycle line crosses under the Trigger line. You are at the bottom of the cycle at this point. Sell when the Cycle line crosses under the Trigger line. You are at the top of the cycle in this case. To be sure, there are crossings at other than the cyclic turning points. Many of these can be eliminated by discretionary traders using their experience or others of their favorite tools. One of the more interesting aspects of the Cyber Cycle is that it was developed simultaneously with the Instantaneous Trendline. They are opposite sides of the same coin because the total frequency content of the market being analyzed is in one indicator or the other. This is important because the conventional methods of using moving averages and oscillators can be dispensed with.
Key Signal
Cycle ---> Cyber Cycle fast line
Cycle (2) ---> Cyber Cycle slow line
Pros and Cons
100% John F. Ehlers definition translation of original work, even variable names are the same. This help readers who would like to use pine to read his book. If you had read his works, then you will be quite familiar with my code style.
Remarks
The 24th script for Blackcat1402 John F. Ehlers Week publication.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
SP 500 PE Ratio (Loose Date Match)📈 **S&P 500 PE Ratio (from Excel Data)**
This custom indicator visualizes the historical S&P 500 Price-to-Earnings (PE) Ratio loaded from Excel. Each data point represents a snapshot of the market valuation at a specific time, typically on an annual or quarterly basis.
🔹 **What it does:**
- Plots the PE ratio values on the chart aligned with historical dates
- Uses stepwise or linear rendering to account for missing trading days
- Helps identify valuation cycles and extremes (e.g., overvalued vs undervalued)
🔍 **Use case:**
- Long-term market analysis
- Compare PE trends with price performance
- Spot long-term entry/exit zones based on valuation
🛠️ Future plans:
- Add value zone highlighting (e.g., PE > 30 = red, PE < 15 = green)
- Support for dynamic datasets (via Google Sheets or Notion)
Category: `Breadth indicators`, `Cycles`
💡 Source: Manually imported data (can be replaced with any custom macro data series)
Gabriel's Cyclic Smoothed RSI [Enhanced]Overview
Gabriel's Cyclic Smoothed RSI (short title: cRSI ) is a sophisticated technical indicator developed to provide traders with deeper insights into market rhythms and price momentum. Building upon the traditional Relative Strength Index (RSI), this enhanced version incorporates dynamic cycle analysis, divergence detection, and optional stochastic oscillators to deliver a more nuanced understanding of market conditions.
Key Features
Cyclic Smoothed RSI (cRSI):
Adaptive Momentum: The cRSI adapts to the dominant market cycle, providing a smoothed RSI that reacts dynamically to price changes.
Ultra-Smooth & Zero-Lag: Designed to minimize lag, ensuring timely signals that closely follow price movements.
Accurate Divergence Detection: Identifies both regular and hidden bullish/bearish divergences, enhancing signal reliability.
Dynamic Overbought/Oversold Bands:
Customizable Thresholds: Set dynamic overbought and oversold levels based on market rhythm analysis.
Adaptive Bands: Bands adjust according to the dominant cycle, offering a more accurate representation of market extremes.
Stochastic cRSI & KDJ Oscillator (Optional):
Enhanced Oscillators: Incorporate stochastic and KDJ oscillators for additional momentum analysis.
Ribbon Displays: Visual ribbons provide clarity on oscillator trends and potential reversal points.
Divergence Detection:
Regular & Hidden Divergences: Detects both regular and hidden bullish/bearish divergences to anticipate potential trend reversals.
Customizable Lookback: Adjust pivot lookback periods to fine-tune divergence sensitivity.
Visual Enhancements:
Triangles & Labels: Visual signals in the form of triangles and labels indicate buy/sell opportunities and divergence events.
Bar Coloring: Option to color bars based on signal strength, providing immediate visual cues.
Alert Conditions:
Custom Alerts: Set up alerts for various signal types, including strong buy/sell signals and divergence events, ensuring you never miss critical market movements.
Input Settings
cRSI Settings
Source: Select the data source for calculations (e.g., Close, Open, High, Low, HLC3, OHLC4).
Dominant Cycle Length: Define the dominant market cycle length based on rhythm analysis.
Vibration: Adjusts the sensitivity of the cRSI to price changes.
Leveling %: Determines the percentage level for dynamic band adjustments.
Show cRSI Plot: Toggle the display of the cRSI line.
Show Cyclic Smoothed Bands: Toggle the display of dynamic overbought and oversold bands.
Show Trend Fill: Enable or disable the trend fill cloud between upper and lower bands.
MA Settings
MA Type: Choose the type of Moving Average (SMA, Bollinger Bands, EMA, SMMA (RMA), WMA, VWMA) to smooth the cRSI.
MA Length: Set the length of the Moving Average.
BB StdDev: Define the standard deviation multiplier for Bollinger Bands.
Show cRSI-based MA: Toggle the display of the cRSI-based Moving Average line.
Stochastic Settings
Show Stochastic cRSI: Enable the stochastic oscillator based on cRSI.
Ribbon: Enable ribbon display for the Stochastic oscillator.
Show KDJ: Toggle the display of the KDJ oscillator.
KDJ Ribbon: Enable ribbon display for the KDJ oscillator.
Stochastic Length: Set the length for the Stochastic calculation.
%K Smoothing: Define the smoothing period for %K.
%D Smoothing: Define the smoothing period for %D.
Stoch Scaling %: Adjusts the vertical scaling of the stochastic to prevent distortion.
Overbought/Oversold Settings
Overbought: Set the Overbought threshold for the cRSI.
OB Extreme: Define the Extreme Overbought threshold for the Stochastic cRSI.
Oversold: Set the Oversold threshold for the cRSI.
OS Extreme: Define the Extreme Oversold threshold for the Stochastic cRSI.
Divergence Settings
Pivot Lookback Right: Number of bars to the right of the pivot for divergence detection.
Pivot Lookback Left: Number of bars to the left of the pivot for divergence detection.
Max of Lookback Range: Maximum number of bars to look back for divergence detection.
Min of Lookback Range: Minimum number of bars to look back for divergence detection.
Plot Bullish: Enable plotting of bullish divergence signals.
Plot Hidden Bullish: Enable plotting of hidden bullish divergence signals.
Plot Bearish: Enable plotting of bearish divergence signals.
Plot Hidden Bearish: Enable plotting of hidden bearish divergence signals.
Delay Plot Until Candle is Closed: Prevents repainting by delaying the plotting of divergence signals until the candle is fully closed.
RP - Realized Price for Bitcoin (BTC) [Logue]Realized Price (RP) - The RP is summation of the value of each BTC when it last moved divided by the total number of BTC in circulation. This gives an estimation of the average "purchase" price of BTC on the bitcoin network based on when it was last transacted. This indicator tells us if the average network participant is in a state of profit or loss. This indicator is normally used to detect BTC bottoms, but an extension can be used to detect when the bitcoin network is "highly" overvalued. Because the "strength" of the BTC tops has decreased over the cycles, a logarithmic function for the extension was created by fitting past cycles as log extension = slope * time + intercept. This indicator triggers when the BTC price is above the realized price extension. For the bottoms, the RP is shifted downwards at a default value of 80%. The slope, intercept, and RP bottom shift can all be modified in the script.
GKD-C Schaff Trend Cycle [Loxx]Giga Kaleidoscope Schaff Trend Cycle is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Schaff Trend Cycle as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Schaff Trend Cycle
What is Schaff Trend Cycle?
The Schaff Trend Cycle (STC) indicator is the product of combining Slow Stochastic and the Moving Average Convergence/Divergence (MACD). The MACD has a reputation as a trend indicator, but it's also notorious for lagging due to its slow responsive signal line. The improved signal line gives the STC its relevance as an early warning sign to detect trends.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.