Divergence of DecisionPoint Breadth Swenlin Trading [LazyBear]// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © 03.freeman
//This is indicator from LazyBear is very accurate for stocks and indexes.
//I added some code snippets for spot and draw divergences automatically
//
// @author LazyBear
//
//
Best use with daily time frame.
Enter when a divergence is found (Bull or Bear label) and wait at least a couple of candles before exit.
Next improvement: alerts ready made for webhooks and screener for multiple tickers.
Please use comment section for any feedback.
Search in scripts for "bear"
Bithanos Bull & Bear IndexBBI is good at following bull or bear trend in higher periods.
When the candles cross over the BBI line ,it may be bull market, then the opposite one may be bear market.
BBI 在大周期对于跟踪牛熊趋势有奇效。
当K线上穿BBI 时候,可能是牛市来临,反之则可能是熊市来临。
Bull MountainsAre you a BEAR?
Then get out of here!
This indicator is only for long movements, its reading is simple and if you use it correctly it will give you very good results, the components are:
The highest quality configuration is as follows:
It is not necessary that all the components are aligned, the appearance of the upper mountain on the lower mountain is already a good sign, but if you add some seasoning more the soup will be better =)
Note: once the position is taken, it is the trader's responsibility to manage it. INSTRUMENTS WITH REAL VOLUME ARE REQUIRED FOR THIS INDICATOR.
tip: what would happen if you look for the signal in an upper frame and then look for an input in a lower frame? mmmmm....
tip: play with the 'Length' setting and see what happens
Bull a thumbs up please!
I wish you many greens !!
RSI Divergence PRO - Baby WhaleThis RSI script will show you the following things:
When the RSI moves between the green lines (40 - 80++) we are in a Bull market.
If the RSI moves between the middle green and red line (40-60) we have some sideways action.
And yes, when the RSI is between the red lines (60 - 20--) we can say that we are in a Bear market.
The dashed lines in between are on every 10 points on the RSI .
All colors and lines are customisable.
The real MVP -1.38% of this scrip is the RSI Divergence spotter.
A little green or red triangle will show up on the chart when a RSI Divergence is formed.
The Divergence is only shown when it happens in overbought (70+) or oversold (30-) regions to avoid too many signals.
I highly recommend not to jump in on every signal you get, but also use multiple reasons, like Elliot Wave or fib levels, before entering a trade.
This Pro version is for paid subscribers of TradingView only.
It will give you the ability to create alert inside of TradingView.
If you want access, just send a message please.
Much love from Baby Whale!!
🙏❤️🐳
Bull Bear BarsHighlights when the movement of a candle is supported by a major increase in volume. Thus one could reasonably assume that a follow thru is likely to occur.
Blue= bullish
Yellow = bearish
I personally use this as an entry system. I enter only if the blue high or yellow low is surpassed by the very next candle , if not, then i do not enter. Thus trading with momentum and greatly avoiding choppy market conditions.
***Example*** In the chart above, during $XBT’s month long November 2019 Downtrend.. I am showing my bull long entries (without showing the obvious winning bear entries!) and found that only once did the price fail to advance less than 1% before any significant drawdown occurs (As shown on the chart by thumbs up & thumbs down symbols.)
***When using this indicator it is important to keep in mind that Blue bullish bars can and will appear at the top of upswings likewise, yellow bearish bars can and will appear at the bottom of downswings.. which could potentially signify trend reversals.
This knowledge can also can be used to ones advantage (” buy when everyone is selling, sell when everyone is buying.”)
This is a common occurrence because retail traders are often late to the party before they catch on to a trend resulting in buying heavily at the top and selling heavily at the bottom providing liquidity to earlier entrants to exit and as per usual the price then reverses on the mass of late bloomers.***
This indicator can be used in many different ways so goodluck in finding the method that best suits your style and be careful out there. Cheers
BONUS: Also has the ability to set alerts!
Keltner Channel with signals [ChuckBanger]This is Keltner Channel where I added Bull and Bear signals. It has a lot of settings to play around with. Have fun...
For more information on Keltner Channel: www.investopedia.com
Periodic Price ActionI have developed this indicator to compare the current price with the any given periods opening price and to spot if the market is bullish or bearish. You can compare the current price with the past periods using "Shift" feature.
Disclaimer: This is not financial advice
Trade safe,
Atilla
Bull/Bear Test v0.1 [Experimental/Conceptual]For now, I shall assume that the script fulfills the idea that I have in my mind, but since I barely have any programming knowledge, it is likely that it does not.
I am not claiming any originality, it is just that I do not know if there is any indicator that meets this exact purpose. The coding was relatively easy, so here we are.
This is more like an experimental and conceptual study. It needs “cut-off” points to be efficient, like 38.2 and 61.8 Chop values.
So, the reasoning: We know that even during bear market, the number of red candles is larger than the number of green candles, thus any study used to determine whether it is a bull or bear market cannot rely on that. Instead, the “B/B test” focuses on how strong green/bull candles and red/bear candles are.
I think that every market is in any of the following three stages: Bull, Bear, Neutral. A Neutral Stage differs from a consolidation period. Simply looking at the chart does not tell you what stage the market is in. If you have the monthly BTC/USD chart in front of you, it is definitely a bear market. If it is the daily one, then it is controversial.
It sums every percentile change in last n green (red) candles, then divides it to n. This is shown by the Bull (Bear) Test. If the green line (the Bull Test line) is above the red line (the Bear Test line), that means that the Bull movement is stronger than the Bear movement in the last n periods.
Bull Test= Sum (Percentile change of green candles in last n periods) / n
Bear Test= Sum (Percentile change of red candles in last n periods) / n
Percentile change of a candle = (Close – Open) / Open
Relative Strength is obtained by dividing Bull Test to Bear Test, so yields a “clearer” study.
Relative Strength = Bull Test / Bear Test
In the same manner, Relative Strength’s being above 1.0 means that the bull attacks are stronger than the bear attacks in the last n periods.
Currently, there are two ways to use it:
1) Use Bull Test and Bear Test, but not Relative Study
2) Use Relative Study, but not Bull Test and Bear Test
A few things to consider:
1) As the use of Heiken-Ashi candles over ordinary candlesticks changes some of the candles’ colors, they yield relatively different results. I have back-tested some bear markets only with Heiken-Ashi.
2) For charts with ordinary candlesticks, as far as I can tell, a higher n number is better.
3) Due to the way Bull Test, Bear Test, and Relative Strength values are calculated, the same result of n x p (n: the number of candles, p: chart period [like 12h, 1d, 1w, etc.) yields different Bull Test, Bear Test, and Relative Strength values.
For instance: 10 bars on a 12h chart gives slightly different results than 5 bars on a 1d chart.
For the future, I am planning to add a derivative of Relative Study, so we can observe its change rate. Although I am not sure, I think that a crossover of the derivative on Relative Study might be used to determine if the market provably went parabolic.
Dependent Variable Odd Generator For Machine Learning TechniquesCAUTION : Not suitable for strategy, open to development.
If can we separate the stagnant market from other markets, can we be so much more accurate?
This project was written to research it. It is just the tiny part of the begining.
And this is a very necessary but very small side function in the main function. Lets start :
Hi users, I had this idea in my mind for a long time but I had a hard time finding the parameters that would make the market stagnant. This idea is my first original command system. Although it is very difficult to make sense of the stagnant market, I think that this command system can achieve realistic proportions. With 's money flow index, I opened the track to determine the level. On the other hand, the prices were also using a money flow index, and it forced me to make the limitations between the levels in a logical way. But the good thing is that since the bollinger bandwidth uses a larger period, we are able to print normal values at extreme buy and sell values.
In terms of price, we can define excessive purchase and sale values as the period is smaller. I have repeatedly looked at the limit values that determine the bull, bear, and bollinger bandwidth (mfi), and I think this is the right one. Then I have included these values in the probability set.
The bull and bear market did not form the intersection of the cluster, and because there are connected events, the stagnant market, which is the intersection, will be added to the other markets with the same venn diagram logic and the sum of the probability set will be 1. is equal to. I hope that we can renew the number generators in the very important parameters of machine learning such as Markov Process with generators dependent on dependent variables, which bring us closer to reality. This function is open to development and can be made of various ideas on machine learning. Best wishes.
This code is open source under the MIT license. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com
Sentiment Zone OscillatorHere's a (forgotten but still useful) Sentiment Zone Oscillator. The Sentiment Zone Oscillator takes a sum of positive price candles over a user-specified window length. Normally, a triple exponential moving average of the sum is used, but we opted to just go with a double EMA for the sake of more responsiveness. When the histogram is green it is bullish and red/pink means bears.
Bilateral Stochastic Oscillator - For The Sake Of EfficiencyIntroduction
The stochastic oscillator is a feature scaling method commonly used in technical analysis, this method is the same as the running min-max normalization method except that the stochastic oscillator is in a range of (0,100) while min-max normalization is in a range of (0,1). The stochastic oscillator in itself is efficient since it tell's us when the price reached its highest/lowest or crossed this average, however there could be ways to further develop the stochastic oscillator, this is why i propose this new indicator that aim to show all the information a classical stochastic oscillator would give with some additional features.
Min-Max Derivation
The min-max normalization of the price is calculated as follow : (price - min)/(max - min) , this calculation is efficient but there is alternates forms such as :
price - (max - min) - min/(max - min)
This alternate form is the one i chosen to make the indicator except that both range (max - min) are smoothed with a simple moving average, there are also additional modifications that you can see on the code.
The Indicator
The indicator return two main lines, in blue the bull line who show the buying force and in red the bear line who show the selling force.
An orange line show the signal line who represent the moving average of the max(bull,bear), this line aim to show possible exit/reversals points for the current trend.
Length control the highest/lowest period as well as the smoothing amount, signal length control the moving average period of the signal line, the pre-filtering setting indicate which smoothing method will be used to smooth the input source before applying normalization.
The default pre-filtering method is the sma.
The ema method is slightly faster as you can see above.
The triangular moving average is the moving average of another moving average, the impulse response of this filter is a triangular function hence its name. This moving average is really smooth.
The lsma or least squares moving average is the fastest moving average used in this indicator, this filter try to best fit a linear function to the data in a certain window by using the least squares method.
No filtering will use the source price without prior smoothing for the indicator calculation.
Relationship With The Stochastic Oscillator
The crosses between the bull and bear line mean that the stochastic oscillator crossed the 50 level. When the Bull line is equal to 0 this mean that the stochastic oscillator is equal to 0 while a bear line equal to 0 mean a stochastic oscillator equal to 100.
The indicator and below a stochastic oscillator of both period 100
Using Levels
Unlike a stochastic oscillator who would clip at the 0 and 100 level the proposed indicator is not heavily constrained in a range like the stochastic oscillator, this mean that you can apply levels to trigger signals
Possible levels could be 1,2,3... even if the indicator rarely go over 3.
Its then possible to create strategies using such levels as support or resistance one.
Conclusion
I've showed a modified stochastic oscillator who aim to show additional information to the user while keeping all the information a classical stochastic oscillator would give. The proposed indicator is no longer constrained in an hard range and posses more liberty to exploit its scale which in return allow to create strategies based on levels.
For pinescript users what you can learn from this is that alternates forms of specific formulas can be extremely interesting to modify, changes can be really surprising so if you are feeling stuck, modifying alternates forms of know indicators can give great results, use tools such as sympy gamma to get alternates forms of formulas.
Thanks for reading !
If you are looking for something or just want to say thanks try to pm me :)
Combo Strategy 123 Reversal & Bull And Bear Balance This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
WARNING:
- For purpose educate only
- This script to change bars colors.
SMA 50 collectorHello traders
The SMA 50 is known to define a trend. If price is closing above, trend is bullish, if below, trend is bearish.
That's why I like to have all of them on my chart :)
Enjoy
David
24/9 EMA with Bias & SignalsThis is a simple indicator that plots the 24 & 9 EMAs.
It also highlights the potential bias of the market (bull or bear) based on if the 9 EMA is above or below the 24 EMA.
In addition there are signal crosses that you can use for alerts.
This indicator is best used to confirm a particular underlying bias on the 5m, 15M, 1HR, 4HR, and Daily timeframes.
It's important to note on lower timeframes that the bias can be counter trend bias of the overall larger momentum of the instrument you are trading.
For clarity this means that many retraces get going when the 9 crosses the 24. But ultimately the larger timeframe bias will continue after this counter trend retraces.
Combining this indicator with value channels and ATR is what I recommend.
Turbo TriggerSome Words
This indicator is a collaboration between me and Himeyuri, i encourage you to check her profile and follow her www.tradingview.com
Introduction
A lot of indicators include a "trigger" line, it can be a smoothed version of another input, in this case the trigger will generate signals from his crosses with the input. The purpose of this indicator is to provide a fast trigger line to generate earlier signals as well as avoiding some whipsaw.
The Indicator
There are two lines, a bull line (blue) and the trigger (orange) , when the trigger cross over the bull line a buy signal is generated, when the trigger cross under the bull line a sell signal is generated. The trigger is made from the smoothed difference between the bull and bear line.
smooth control the smoothness of the output. The Bull/Bear Mode is an idea proposed by Himeyuri that involve plotting the bear line instead of the trigger.
Bull/Bear Mode, the lines are somewhat asymmetrical from each others.
Conclusion
We have showcased a new indicator who use a really fast trigger line to generate earlier signals, if some are way to earlier you can still increase smooth in order to correct reactivity. I hope you find a use to it.
Thanks for reading !
A big thanks to Himeyuri who is a great student and great pinescripter.
RSI BULL BEAR + ADXCustom values used in many markets that I trade in giving optimal profits across the board. Great for trading in a bearish market with the trend being a sideways pattern.
BOSS Smooth Stochastic Bull/Bear Oscillator With Alerts THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Short Entry
During a price downtrend and you get a sell signal (red dot) enter short when the "K" line (green line) drops below 65 (mid upper band).
Long Entry
During an uptrend, buy when you get a long signal (green dot) and "D" line (red line) rises above 35 (mid lower band) .
Bull/Bear
Green background indicates bullish price action (uptrend)
Red background indicates bearish price action (downtrend)
Available At bosscripts.com
Website bosscripts.com
Eagle-CrossingThis is Arcane Bears First Script Which charts your Golden Cross and Death Cross, You can update the settings as you see fit!
If you have any questions please join us at www.arcanebear.com
Crypto Bull/Bear Market Indicator by CryptoTradeSignalsHave you ever struggled to identify the sentiment of the crypto market?
With the "Crypto Bull/Bear Market Indicator by CryptoTradeSIgnals" you can easily determine whether markets are “bullish” or “bearish".
Features
Combines price and volume algorithms to easily identify market sell offs or strong buying activity.
Synergises with with Crypto Peak and Crypto Bottom indicators to better identify ENTRY and EXIT points for your trades.
Complete REWRITE of the pre-existing Crypto Bull/Bear Signal which provides better visual cues to understand market activity.
>>Get access to our Crypto Trading Indicators by visiting our website (please go to my main profile page or check the my signature)<<
EMA Rainbow by uykusuzpenguenTo Survive in Bear Markets or in Horizontal Markets;
EMA Rainbow ;
EMA Rainbow is a rainbow which is formed by multiplying the moving average by certain proportions and reflecting up and down on the ema200. According to the observations, dark green areas are strong buying areas, dark red areas are strong sales regions. Trading decisions can be made according to the line breaks or the regions in which the price movements. Rates can be edited in the settings section.
The graph shows reactions in dark green areas.
Ayı Piyasasında yada Yatay Piyasalarda hayatta kalmak için ;
EMA Rainbow ;
EMA200 hareketli ortalamanın belirli oranlarla çarpılarak ema200ün üstüne aşşağı ve yukarı yansıtılmasıyla oluşan gökkuşağıdır. Yapılan gözlemlere göre koyu yeşil bölgeler güçlü alım yerleri , koyu kırmızı bölgeler güçlü satış bölgeleridir. Çizgi kırılımlarına yada fiyatın gezindiği bölgelere göre alım satım kararı verilebilir. Oranlar ayarlar kısmından düzenlenebilir.
Grafikte koyu yeşil bölgelerdeki tepkiler gözlemlenebilir.
Bull Bear Divergence IndicatorFor Constance Brown-like analysis with divergence signals between price and indicator (i.e. stock close / RSI divergence)
Using two different lines: an indicator high line for bearish, and an indi low line for bullish divergences
For your individual studies, choose your indicator and replace rsi in line 10 with it, any thing else is auto. Script bottom: optional comparison linse addable
Note1: The script only shows divergences to recent pivots, not between actual pivot and one "a few pivots ago"
Note2: Though reversal predictions with the example of SPLK here are quite good, in general better results are obtained with un-normalized indicators.
Ichimoku multi-TF bull/bear Grid by SimThis indicator gives you a one look multi-timeframe snapshot of the 4-hour, 12-hour, and 24-hour Ichimoku Cloud conditions. It looks for Tenkan-to-Kijun positioning as well as price relative to cloud. The legend is as follows:
- A red square indicates bearish conditions
- A green square indicates bullish conditions
- An empty slot indicates mixed conditions
- Top row: 24-hour
- Middle row: 12-hour
- Bottom row: 4-hour
Happy trades,
Sim
Bull and Bear ChannelGreen means buy and red means sell. Adjust according to your fits. Have to lock the code just in case someone will commercialise this.