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EP/SL and ratio calculationExplanation of the indicator The first question is - what is shown here at all. Generally, the indicator calculates order prices depending on the data found in the chart. The order is based on the lowest low (for a long) of the bounce and the high of the last candle. For a short it is based on the highest high and on the low of the last candle. There is no value for you, if you don’t do swing trading using trend lines on your chart. All values shown are no financial advise - you are responsible for all your trades. The indicator looks for the lowest low of the last days. How many days back to be searched can be configured in the settings. The lowest low is marked with the flag - the date and price is displayed there. The high of the last candle is read out and based on this the entry price is calculated. On the green line are the EP percentages with which is calculated, the entry price and also the high of the last candle displayed. On the line there is a green (or red) triangle, which indicates the trading direction. More about the direction can be found below in the settings. Based on the lowest low (or in case of short the highest high) the stop loss is calculated. Also here the percentage and the price is given. The lines labeled R1 to R5 are the prices of the respective ratios. The lines are 40 time units long (in the standard setting) and thus one can read off the ratio, which the trade would reach after approx. 8 weeks, over the trend lines and their intersection point at the end of the ratio lines. The orange line marks the point at which we would be 10% above the entry price (or below the entry price for a short). In general, the calculations are equivalent for short, the marker of the highest high is displayed. The capital and the number of shares to be traded are not publicly displayed on the chart. The complete calculation is visible when you move the mouse over the text of the entry price. In this small pop-up window you can see with which capital the calculation was done. The capital should be updated daily in the settings. Furthermore, you can see how many shares can be traded with this capital, taking into account the 1% portfolio risk. It is again the entry price and a proposal for a stop limit price (percentages also configurable) displayed. The price for the 3 ratio (take profit) and also the price for the stop loss can be read here. So actually everything that is necessary for the creation of the order. Settings The indicator now has a lot of settings and options. I have also built-in indicators such as EMA and JMA to have all the indicators necessary for me - with the free TV. Some things can also be changed under "Style", but I don't want to go into the things under "Style" here, just the basic settings. Settings of the main indicator With the checkmark at "Main Indicator" all lines etc. can be switched off without the other indicators (EMA, JMA) disappearing. Capital: Here you can set your daily capital (from paper trading or from the real money deposit). This is used to calculate the number of shares. Search last bounce in last x candles: Here you can influence how many candles the tool should look into the past to search for the lowest (long) or highest (short) candle. Default is 10, but sometimes shorter or longer periods make sense. It is also possible to tune a bit here and e.g. with "0" make the calculation of the SL based on the low/high of the last candle. Which low (long) or high (short) is taken, is always evident with the above described flag. go back x candles for calculation: If the calculation is not to be made on the basis of the last candle, but e.g. the one before last, this can be adjusted here. Everything is adapted with, thus e.g. also the Stochastic of this time is used for the direction. One can go back in time and reconstruct the calculation at that time. EP percent: Specifying how far the EP should be from the high (long)/low (short) of the last candle. EP limit percent: Specify how far the EP limit should be from the EP. SL percent: Specifying how far the SL should be from the lowest low (long)/highest high (short). direction mode: here is set in which way the indicator should be directed long or short. The stochastic used here has the settings 8-5-5. k is the blue line and d is the red line of this stochastic. Stoch k>d = long automatic, blue line above the red line for long calculation Stoch k<50% = long automatic, blue line below 50% for long calculation long no automatic, always long calculation short no automatic, always short calculation ignore last candle if market is open: Normally one calculates at closed market, thus on the finished candles. If you want to calculate with an open market or if you want to make sure that the indicator is not constantly running back and forth after the market has opened, you can automatically ignore the last candle (i.e. calculate on the second to last candle) if the market is open. If the market is closed, the last candle is always taken. If turned off, the last candle is always taken even if the market is open. use close price for EP (instead of high/low): You can adjust the EP calculation here to take the close price instead of the high/low of the last candle. This is not the usual strategy, but if there are long wicks/luns and you are quite sure with the trading direction, this can improve the ratio significantly. Ratio lines length (bars): The length of the lines. You can change here for 3M/6M trades to 80 time units. Text color: Color of the text (default is gray, this is kind of useful for white and black background). Line color R-lines: Color of the ratio lines (default is gray) 10% color: Color of the 10% line (default orange) Additional indicators settings EMAs: Here you can switch on/off all EMA lines xx EMA Length: Configuration of the individual EMA lines to be displayed. At 0 the line is switched off, colors are configured at the style. JMA: Here you can additionally display the JMA. Also its colors can be configured at Style. JMA length: JMA length, default 20, phase is fixed at 50 and power is fixed at 2.
Pine Script® indicator
by olivero0
2
(FireflyTA) Market Flow COG (Oscillator)Market Flow COG (Oscillator) Market Flow COG in the "Oscillator" version gives you an aggregated score (bullishness vs. bearishness) based on market flow analysis. I'm using my own definition of market flow since I'm actively doing scientific research on that topic and developing concepts and tools around it. This indicator is best used together with Market Flow COG (Overlay) , which is also public. ---------------------- About Market Flow The market flow is a concept describing the directional force driving price movement that a market experiences based on term-specific (short-, mid- and long-term) momentum as well as dynamic range support and resistance. In a strong uptrend for example, market flow is upwards, so dynamic range S&R (i.e. Bollinger Bands) is flowing upwards, too. This is increasing the probability to see continuation after dips. In a shifting trend, it is possible to observe market flow still continuing upwards, because the the flow is only changing slowly. Momentum takes a while to run out and exert pressure into the other direction. This phenomenon can be observed on all timeframes in high-volume markets, even more so on the higher timeframes. Given the complex nature of market flow , there is still a lack of tools available to properly examine it and to derive appropriate trading decisions. ---------------------- About Market Flow COG This indicator calculates a score that indicates where price is in relation all the different COGs (described below). This information is multiplied by a weight depending on the various trends price is in, i.e. a HTF uptrend makes it more likely to see price deviating from the mean to the upside, so the score is not as bearish when price is doing so. This score is an assessment of how bullish or bearish the market is depending on mean reversion probabilities. If you use this indicator together with the Overlay version of this script, you can visualize where appropriate mean reversion targets are in case score hits very high or low levels. This way, it is possible to supplement your own research and improve your strike rate with your setups. But keep in mind that this indicator is not supposed to be used to derive trading decisions without doing proper interpretation work on the price action itself. It is supposed to help you find evidence supporting your own ideas. ---------------------- About "Center of Gravity" Included as a module in the "Overlay" version of this script - but also being used in the calculations of this script. The COG is an entity that is pulling price back to it frequently (this is why it is called Center of Gravity) as the law of mean reversion dictates. Mean reversion can be loosely broken up into mean reversion on multiple timeframes, and the COGs are included for ULT (ultra low, 15-60m), L (low, 1h-4h), M (medium, 6h-12H) and H (higher, 1D+) timeframes. As this entity is a new development in TA there is still a lack of scientific evidence that it is reliable. However, if you look at the charts, you will notice that price action will respect this entity and circle around it on the appropriate timeframes most of the time. The COG is similar to a Bollinger Band, it is using volatility as its main component. However, COGs are aggregated entities looking at more timeframes at the same time, so besides the Time X Volatility perspective that is provided by Bollinger Bands, this entity adds a third dimension by looking at multiple timeframes. The COG is the mean of all the BBs that are included in the calculation, which can be a large number. This makes a COG a meta-analytic entity that is more sensitive to market price action. The COG helps you in identifying how far and for how long price has been overextended to one side beyond the means. In theory, the probabilities increase dramatically to see a mean reversion to the COG. Watching price interacting with the COG should make clear that the correlations are significant, however there might be differences based on the markets used. The COGs have primarily been tested with the BTCUSD market and for crypto in general. A way to trade based on COGs is to look for weakness (if price is above the COG) or strength (if price is below the COG) in price action while it is approaching S&R. If signs of accumulation or distribution arise, and the distance to the COG is meaningful (as well as being maintained for a few candles), it can provide additional backing for your long/short scalping and swing trading ideas. I'd recommend to always use the COG in combination with your knowledge on price action. By using all COGs at the same time for ULTF, LTF, MTF and HTF you can get a feeling for where price is in the context overall market flow . ---------------------- Candle Colorization This script has an optional feature that lets you colorize the candles depending on certain score tresholds you can change manually in the indicator UI. Don't take these as signals, but rather as a possibility to become aware of when price is deviating far from the means. ---------------------- How to Use You can find in-depth tutorials on how to use this indicator by browsing the links and resources in my signature.
Pine Script® indicator
by FireflyTA
(FireflyTA) Market Flow COG (Overlay)Market Flow COG (Overlay) Market Flow COG in the "Overlay" version offers you a variety of modules to do analysis on the market flow . I'm using my own definition of market flow since I'm actively doing scientific research on that topic and developing concepts and tools around it. This indicator is best used together with Market Flow COG (Oscillator) , which is also public. ---------------------- About Market Flow The market flow is a concept describing the directional force driving price movement that a market experiences based on term-specific (short-, mid- and long-term) momentum as well as dynamic range support and resistance. In a strong uptrend for example, market flow is upwards, so dynamic range S&R (i.e. Bollinger Bands) is flowing upwards, too. This is increasing the probability to see continuation after dips. In a shifting trend, it is possible to observe market flow still continuing upwards, because the the flow is only changing slowly. Momentum takes a while to run out and exert pressure into the other direction. This phenomenon can be observed on all timeframes in high-volume markets, even more so on the higher timeframes. Given the complex nature of market flow , there is still a lack of tools available to properly examine it and to derive appropriate trading decisions. ---------------------- About Market Flow COG This indicator allows you to look at various different aspects to market flow . Additional ones might be added in future updates. In this first release, the following are included. Browse the update notes below for further modules added later. Center of Gravity (COG) Deviation Bands Trend EMAs ---------------------- About "Center of Gravity" The COG is an entity that is pulling price back to it frequently (this is why it is called Center of Gravity) as the law of mean reversion dictates. Mean reversion can be loosely broken up into mean reversion on multiple timeframes, and the COGs are included for ULT (ultra low, 15-60m), L (low, 1h-4h), M (medium, 6h-12H) and H (higher, 1D+) timeframes. As this entity is a new development in TA there is still a lack of scientific evidence that it is reliable. However, if you look at the charts, you will notice that price action will respect this entity and circle around it on the appropriate timeframes most of the time. The COG is similar to a Bollinger Band, it is using volatility as its main component. However, COGs are aggregated entities looking at more timeframes at the same time, so besides the Time X Volatility perspective that is provided by Bollinger Bands, this entity adds a third dimension by looking at multiple timeframes. The COG is the mean of all the BBs that are included in the calculation, which can be a large number. This makes a COG a meta-analytic entity that is more sensitive to market price action. The COG helps you in identifying how far and for how long price has been overextended to one side beyond the means. In theory, the probabilities increase dramatically to see a mean reversion to the COG. Watching price interacting with the COG should make clear that the correlations are significant, however there might be differences based on the markets used. The COGs have primarily been tested with the BTCUSD market and for crypto in general. A way to trade based on COGs is to look for weakness (if price is above the COG) or strength (if price is below the COG) in price action while it is approaching S&R. If signs of accumulation or distribution arise, and the distance to the COG is meaningful (as well as being maintained for a few candles), it can provide additional backing for your long/short scalping and swing trading ideas. I'd recommend to always use the COG in combination with your knowledge on price action. By using all COGs at the same time for ULTF, LTF, MTF and HTF you can get a feeling for where price is in the context overall market flow . ---------------------- Deviation Bands The Deviation Bands are fib-based deviations of the COG that is chosen with the 'mode' setting (i.e. LTF). When this module is enabled, the deviation bands are plotted around the COG of that timeframe mode. The deviations can be adjusted manually as well by changing the values in the indicator UI. The main purpose of these bands is to identify the structure of price movements in relation to the COG distance, i.e. analyzing how long price can maintain levels in an area >X or <Y away from the COG. ---------------------- Trend EMAs The Trend EMA module allows you to plot ULTF, LTF, MTF and HTF trend EMA entities which are colored as follows in the release version (for changes, have a look at the update notes): Teal: Price is in a strong uptrend Green: Price is in an uptrend White: Price is in a sideways phase Orange: Price is in a downtrend Red: Price is in a strong downtrend Watching the Trend EMAs can help in order to identify shifting markets (in which price tends to switch sides with the COGs as well). Trend is also a core component of market flow and should be taken into account when interpreting price action. ---------------------- How to Use You can find in-depth tutorials on how to use this indicator by browsing the links and resources in my signature.
Pine Script® indicator
by FireflyTA
Skanderbeg Instinct A (2021) by CryptoShqipThe Skanderbeg Instinct A (2021) works best in trending markets. There are two functions: - You can see clouds (green and red), which should be used for Intraday/ Swing Trading - You can see a green, red and white line. This is a Trend filter. Explanation (Ema’s - There are 3 parts to this: Ema 13, 21 and 200 - These parameters are build on a Higher Timeframe and CANNOT be changed! - When the line up is: Ema13 (top) above Ema21 (middle), and Ema21 above Ema200 (bottom), then we consider it a Bullish Trend and vice versa for a Bearish Trend . - Also those 3 parameters are strong Support and Resistance Levels. - Warning function: If price closes leaves the red and white Level, there could be a Trend-Reversal! - There is a label showing the actual Trend, Green -> Bullish , Red -> Bearish Explanation (Clouds): - The clouds are based on Ema’s - A green cloud means, that we have a bullish trend , a red cloud means we have a  bearish trend . - The strategy is to only enter a trade, when price reaches the cloud or in the cloud and then moves outside of it. How to combine those two: 1. Determine the Trend with the three Ema's (green, red, white Lines on the Chart) 2. If they are lined up (Example: Green above Red and Red above White -> Bullish ) 3. In this case you will only take LONG trades. 4. Watch the clouds. We do not take trades on the opposite of what the Ema’s tell us. (On the Example, Bullish on Eagles, thus we take only trades on green clouds!) 5. Patiently wait for the price to move into a cloud. When the Price leave the cloud in the Trend direction, that when you enter. 6. Exit: You can either use the clouds, as Example if you are long and the cloud turn red -> Exit!. You can also use a Parabolic SAR as a Trailing Stop. 7. If the Price closes, as Example in a Bullish Market, below the white support level that would be a warning sign. A Reversal could happen soon! Disclaimer: This is not financial advice. Please do your own research.
Pine Script® indicator
by CryptoShqip92
SMA Simple, EMA Exponential Moving Averages with high lowThis is a rewrite of my previous moving average script. In this version, I have added the 3 day high and low as these are often used as short term trend following entry points Traders often try to buy the 3 day average of lows in an uptrend and sell the 3 day average of highs in a downtrend In the same fashion, I have added the 3 week high and low averages for longer term trend following for swing trading I have added the 18 day, week, month simple moving averages ( SMA ) as I follow these from Ira Epsteins free you tube trading videos). His 50 years of experience has taught him these are best I have also added some longer term SMA , 100 day, 200 day, 100w, and 200w Exponential EMA averages for longer term charts are included 100d, 200d, 100w, 100m, 200m You can configure the script in the options to remove the ones you don't want to follow I have removed the micro averages from my previous script since they are for short term scalping day trading hyper-trading which I don't do Exponential averages are shown as crosses some of the longer term averages are circles just to set them apart
Pine Script® indicator
by ryanman0
Moving Average BandsUse this script to find buy and sell zones for BTC based on momentum of the move relative to the average asset price over a given period. The script plots a series of offset bands above and below the Simple Moving Average. When price crosses another band further from the SMA, the background is rendered brighter. The brighter the background, the stronger the buy and sell signal is, as the expectation is that price wants to return to the SMA. Settings are adjustable to fine tune to various time frames and assets. Good settings for BTC Daily are length 30, layers at 10, 20, 30, and 40. On 1H BTC/USD I use length 200, layers at 5, 10, 15, 20 to find decent swing trading opportunities. On BTC/USD 1D chart, combine with Bitcoin Logarithmic Growth Curve from @mabonyi (original by @quantadelic )for confluence of very reliable signals.
Pine Script® indicator
by Seltzer_
DSwing V0.1 DSwing is a Swing Trading Indicator Signals print as labels below (Green & Yellow Buy ) and above (Red = Price Reversal / Sell ) the bars, which gives a clear visual. The script also allows you to independently show/hide the Buy and Sell signals. The advantage of this is in a strong trend or on a certain time-frame you might want to have one set of signals turned off. How it works: DSwing is trading system designed to identify the start and end of trends based on a time based system. Green & Yellow Diamonds Indicate the possibility of a reversal and potential buy entry. if there is a cluster of Green & Yellow Signals this is a indicator of a strong entry signal. Red Arrows Should be viewed as a Risk Off or Sell Indicator. If a candle trades above the red arrow for more than 3 candles the signal is viewed as being invalid. If you have any questions let us know. Enjoy
Pine Script® indicator
by drzayas
1
HOLP/LOHPThe HOLP strategy was developed by trader-author John F. Carter in his book 'Mastering the trade: proven techniques for profiting from intraday and swing trading set ups' (ISBN 0-07-145958-8). The strategy, which gives buy signals, is a reversal strategy. Reversal strategies try to determine the point in time when a trend reverses direction. In his book John F. Carter is actually skeptical of taking a position against the trend, quoting classics like "never catch a falling knife" (buy a steep sell off) and "never step in front of a train" (short sell a strong market). Given his skepticism he decides to base his strategy on the one single factor which he deems relevant: the market price.
Pine Script® indicator
by jasonowl
2
Pivot Points AlgoThis is a Pivot Points Algo (PPA). PPA uses an adaptive pivot algorithm that adapts to different market situations based on various factors. PPA also includes depth filtering to make it more precise at its signal decision. ======= Signal Types ====== Main Signal of BUY and SELL shown by buy/sell labels. Mini Signals of BUY and SELL shown by buy/sell arrows and shows additional breakouts after the Main Signal occurred. Optional reversal signals show a possible reversal in trend (small triangle). ======= Alerts ======= Main Signals alerts - Alerts when a main Buy or Sell is triggered (Shown as Labels). Combo Alerts - Alerts when main or mini signals of Buy and Sell are triggered (Shown as Arrows). ======= Assets and Time frames ======= Can be used on various assets, stocks, forex, crypto and works great for day trading as well as swing trading and long term investing. PPA is designed to adjust to any time frame! ======= General info ======= The purpose of this indicator is to signal possible breakouts with a high rate of success. PPA has been extensively tested and fine tuned to provide traders and investors with a valuable tool for timing long and short entries. However, no system is 100% perfect, and it is good practice to have a plan in place and use stop losses or other tools to mitigate unforeseen risk. Also, note, I don't hide what PPA is doing as opposed to some other commercial indicators on the market. You can view pivot lines and pivot bands and so on. The magic is the inner system itself which works for you to pinpoint the best entrance possible, I recommend confirming your own methods to make sure you want to take the trade. To subscribe to Pivot Points Algo service see “Author's instructions” below. For any question you can PM me. Happy and profitable trading!
Pine Script® indicator
by dman103
173
ApexBull Algorithmic IndicatorOfficial ApexBull ALL IN ONE Algorithm - Swing and Short Term Indicator! Description: A new indicator that provides algorithmic entries for longer term swing trading to intraday traders and scalpers. You choose what time frame to trade! Built-in features allow to separate signals for both longer and shorter term time frames with algorithm using different settings for each to take advantage of short term moves in more aggressive markets, as well as, give you more conservative, more reliable swing trades for longer term investment horizons. Works on anything from monthly to 1 minute charts. We found that most traders should start with 4 and 1 hour time frames with more conservative settings enabled and then venture out into more aggressive territory. Algorithm is set to target trending movements and ensure you stay out from whipsaw conditions. The indicator also features a built-in STOP LOSS levels so you dont have to wonder anymore how close or far to set your stop loss and not to be whipsawed out of your winning trades. If you would like to try out our indicator please send me a direct message here.
Pine Script® indicator
by ApexBull
7
GreenCrypto Swing Trade Indicator - GC02Overview: This is a swing trading Indictor works using support & resistance and market trend, it is designed for all type of markets (crypto, forex, stock etc.) and works on all commonly used timeframes (preferably on 1H, 4H Candles). How it works: Core logic behind this indicator is to finding the Support and Resistance, we find the Lower High (LH) and Higher Low (HL) to find the from where the price reversed(bounced back) and also we use a custom logic for figuring out the peak price in the last few candles (based on the input "Strength" ). Based on the multiple previous Support and Resistance (HH, HL, LL LH) we calculate a price level, this price level is used a major a factor for entering the trade. Once we have the price level we check if the current price crosses that price level, if it crossed then we consider that as a long/short entry (based on whether it crosses resistance or support line that we calculated). Once we have pre long/short signals we further filter it based on the market trend to prevent too early/late signals, this trend is calculated based on the value from the input field "Factor". Along with this if we don't see a clear trend we do the filtering by checking how many support or resistance level the price has bounced off. Stop Loss and Take Profit : We have also added printing SL and TP levels on the chart to make the it easier for everyone to find the SL/TP values. Script calculates the SL value by checking the previous support level for LONG trade and previous resistance level for SHORT trades. Take profit are calculated in 1:1 ratio as of now. Available Inputs: Strength : Define the strength of the support resistance that we calculate. The lower value means less number of candles used for calculating the support & resistance and vice versa Factor : Specify what level of trend to use. Using higher value will result script looking using the larger trend (zoomed out trend) and using lesser value will result in using the short trends Note: For most of the charts you don’t need to change the default values. However, feel free to try it out. How to use: Add the script to the chart and once the indicator is load it will display the "long" and "short" entry points along with the stopLoss and takeProfit points. How to get access: Send a DM to us for getting access to the script.
Pine Script® indicator
by GreenCryptoTrades
90
SMA + Trend Strength + Trailing Stop LossThe 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given conditions at a time, which are represented as a trend meter on the bottom right of the screen. A trailing stop loss indicator is included to secure your profits or limit your loss in case the market reverses on you unexpected. Please use this indicator responsibly with proper risk management, and never rely on the indicator by itself for buy and sell signals. When the simple moving average color is green, it means that at least 4 of 5 conditions are confirming a move upwards, this is when you can take an entry into a trade based on your entry strategy. As the trend continues, the color will eventually change to yellow signaling a divergence. This is when you can use your exit strategy to find a good point to sell. It is wise not to take new positions when the color is trending yellow. If the color changes from yellow to orange, that is a warning sign that the trend is about to change or has begun to change. Prices may have already fallen. However, sometimes the color will change from yellow back to green signaling a continuation of the trend. You can either keep holding or take a new position in this instance. When the color is red, this signals fear in the market, you should stay out of the market at first. However, as the market consolidates and the color starts changing back to orange, this is an opportunity to take a long position at a reasonably low price. Simple Moving Average (13-Bar) Color Explanation: The colors change based on 5 market conditions represented in the trend meter. Green: Strong Uptrend Yellow: Divergence Present Orange: Warning Red: Fear Trend Meter Explanation: The trend meter draws 5 arrows indicating bullish or bearish presence. LL = Lower Lows - Detects when the market is trending with lower lows. HH = Higher Highs - Detects when the market is trending with higher highs. MA = SMA Direction - A formula is used to determine the direction of the SMA. DI = Directional Index - Identifies when upwards momentum is trending. RSI = Relative Strength Index - Identifies when the RSI is in an uptrend state. Note: For advanced users, this indicator has a hidden DMI(4, 4, 4) and RSI(14) indicator used to determine the last two conditions. The Directional Index is based on a DI Plus momentum moving average to determine a momentum trend and the RSI trending over 50 will constitute an uptrend signal as below 50 it will point down. Trailing stop loss: The trailing stop loss is determined based on the lowest price of the last 8 bars. A gray step-line is drawn at the suggested stop activation price. A red step-line is drawn at the suggested stop limit price. When the price breaches the trailing stop, a red X will appear below the bar. You can turn each of these features on or off based on your preference. Happy trading!
Pine Script® indicator
by NoobPro1
14
Pro Algo Scalping/DT/ST No Repaint/No Lagging by@ProKingTV This is a bar-by-bar trading signal system for scalping, day trading or swing trading on all time frames. It generates ONE signal(buy/sell or long/short) for the most of important bars and candles with no repaint and no lagging. How does it work? * Defines all support/resistance(S/R) levels based on floor trader’s pivot points and my own S/R levels. * Calculates the trend/reversal signals, price reactions close to all above S/R levels. * Generates one trading signal: buy/long or sell/short based on all combined factors. What are the signals? * Blue Arrow signals are bullish * Pink Arrow signals are bearish How to use? * Blue Up Arrow : Buy(Long) or continuous Buy(Long) * Pink Down Arrow : Sell(Short) or continuous Sell(Short) * Increase time frame to reduce signal noises, but will generate less trading opportunities. * There is no way to filter all noises even with higher time frame, all the trades must have a stop. * This indicator is highly sensitive to a price change and reversal signals will be generated immediately. How to access? * PM me to obtain access * 10 day Free Trial is available
Pine Script® indicator
by ProKingTV
37
Multi RSI based on Timeframe This code has been inherited from " 3 RSI Multi Timeframe Inception" by pranjalchaubey and enhanced/modified to include 2 more RSI indicators. The RSIs considered are 15 minutes, 1 Hour, Daily, Weekly and Monthly displayed based on chart time frame. The number of RSI indicators displayed is context dependant or time frame based, as below, 15min, hourly and daily RSIs are displayed on 15 mins or hourly charts, often used for Intraday trading, Daily, Weekly and Monthly RSIs are displayed for Daily charts / Swing trading and Weekly and Monthly RSIs for Weekly time frame / Positional trades.
Pine Script® indicator
by prashanthraju
1
Pivot Points (Daily, Weekly, Monthly)Pivot point: P = (High + Low)/2 First support: S1 = Low Second support, S2 = Low - 2 * (High - Low) First resistance: R1 = High Second resistance, R2 = High + 2 * (High - Low) White Line: Pivot Point Gleen Line(Thin Line): Support 1 Green Line(Thick Line): Support 2 Red Line(Thin Line): Resistance 1 Red Line (Thick Line): Resistance 2 You can adjust it to daily, weekly or monthly indicators, daily for intraday trading (1minute, 1hour etc.), weekly and monthly for day/swing trading, monthly for weekly trades. I plot the graph with steplines since I think they can show the differences of pivots from time to time more clearly, you are free to change to other plot styles like circles or regular lines if you want to. Please like this script, and let me know any questions, thanks.
Pine Script® indicator
by BoilderRoomColdCaller
1
Trend-Range IdentifierTrend trading algorithms fail in ranging market and Swing trading algorithm fail in trending market. Purpose of this indicator is to identify if the instrument is trending or ranging so that you can apply appropriate trading algorithm for the market. Process: ATR is calculated based on the input parameter atrLength Range/Channel containing upLine and downLine is calculated by adding/subtracting atrMultiplier * atr to close price. This range/channel will remain same until the price breaks either upLine or downLine. Once price crosses one among upLine and downLine, then new upLine/downLine is calculated based on latest close price. If price breaks upLine, the trend is considered to be up until the next line break or no lines are broken for rangeLength bars. During this state, candles are colored in lime and upLine/downLine are colored in green. If price breaks downLine, the trend is considered to be down until the next line break or no lines are broken for rangeLength bars. During this state, candles are colored in orange and upLine/downLine are colored in red. If close price does not break either upLine or downLine for rangeLength bars, then the instrument is considered to be in range. During this state, candles are colored in silver and upLine/downLine are colored in purple. In ranging duration, we display one among Keltner Channel, Bollinger Band or Donchian Band as per input parameter : rangeChannel . Other parameters used for calculation are rangeLength and stdDev I have not fully optimized parameters. Suggestions and feedback welcome.
Pine Script® indicator
by Trendoscope
3
TradeChartist Visualizer ™TradeChartist Visualizer is a fully packed Trader's toolkit that helps decide Trade Entries and Exits based on Bollinger Bands and Donchian Channels breakouts and can be further exploited by the use of various visualizers and built in Filters like Ichimoku Cloud, 15 different Moving Averages, RSI, TradeChartist's original MA Visualizer and Automatic Levels Generator. =================================================================================================================== Bollinger Bands is a classic indicator that uses a simple moving average of 20 periods, along with plots of upper and lower bands that are 2 standard deviations away from the basis line. These bands help visualize price volatility and trend based on where the price is, in relation to the bands. Donchian Channels comprises of three plots - a upper band, a lower band and a mean line (or mid line of the channel). The upper band is based on highest high of N periods specified by the user and the lower band is based on the lowest low of N periods specified by the user. These channels help spot price breaching high or low of last N periods clearly, thereby aiding the trader to understand the price action of any security better on any given timeframe. =================================================================================================================== ╔═════ 𝗕𝗕 & 𝗗𝗼𝗻𝗰𝗵𝗶𝗮𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹𝘀 ═════╗ ™TradeChartist Visualizer is based on the idea of Bollinger Bands and Donchian Channels Breakout model for generating Trade Entries. Visualizer uses the following three fundamental plot options from the settings that the user can choose from, to spot breakouts, support/resistance levels and the trading price range of the security. 1. Bollinger Bands The 𝟏. 𝐁𝐨𝐥𝐥𝐢𝐧𝐠𝐞𝐫 𝐁𝐚𝐧𝐝𝐬 option plots the Bollinger Bands for the chart timeframe (default is 55 SMA with 1 standard Deviation). This can be changed by entering different values in BB Sᴛᴀɴᴅᴀʀᴅ Dᴇᴠɪᴀᴛɪᴏɴ and MA Lᴇɴɢᴛʜ ғᴏʀ BB/Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟs . To use a different Moving Average for the Bollinger Bands Basis line, uncheck 𝐒𝐌𝐀 𝐁𝐁 𝐨𝐧𝐥𝐲 - 𝐔𝐧𝐜𝐡𝐞𝐜𝐤 𝐟𝐨𝐫 𝐧𝐨𝐧-𝐒𝐌𝐀 𝐁𝐁 The option is enabled as default as it keeps the SMA as standard. Unchecking this option and choosing a different moving average out of the 15 MAs in the dropdown, the plot changes significantly for each. Also a warning label will appear on screen if Standard Deviation more than 1 is used for non standard MA for Bollinger Bands, as the settings must be tested for non-standard Bollinger Bands before planning to trade with it. 2. True Donchian Channels The 𝟐. 𝐓𝐫𝐮𝐞 𝐃𝐨𝐧𝐜𝐡𝐢𝐚𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 option plots Donchian Channels by inspecting the lookback lengths for highest highs and lowest lows of the user specified periods, which can be changed in Uᴘᴘᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ and Lᴏᴡᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ user input boxes from Visualizer settings. 3. Donchian Channels - MA and Non-MA Source The 𝟑. 𝐃𝐨𝐧𝐜𝐡𝐢𝐚𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 - 𝐌𝐀/𝐍𝐨𝐧-𝐌𝐀 𝐒𝐨𝐮𝐫𝐜𝐞 option plots modified Donchian Channels based on highest high and lowest low of Moving Average or the Source using user specified periods, which can be changed in Uᴘᴘᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ , Lᴏᴡᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ , MA Lᴇɴɢᴛʜ ғᴏʀ BB/Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟs choosing the source plot from Sᴏᴜʀᴄᴇ and MA Type from MA ᴛʏᴘᴇ - (ғᴏʀ ᴘʟᴏᴛs 1 & 3) . For Donchian Channels plot of Non-MA Source, choose Use Source from MA ᴛʏᴘᴇ - (ғᴏʀ ᴘʟᴏᴛs 1 & 3) dropdown. =================================================================================================================== ╔═════════ 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 ═════════╗ MA Visualizer is a powerful and very useful original visual method to plot Moving Averages of the close price of the security for user specified look back period in a visually appealing style in the form of colour coded bands. MA Visualizer not only helps the trader spot the price action of the security relative to the moving average, but also paints a visual picture of the trend strength, which must be seen and used on chart to appreciate its elegance. Activate 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 and choose the MA type from MA Vɪsᴜᴀʟɪᴢᴇʀ Tʏᴘᴇ dropdown and entering the lookback period in MA Vɪsᴜᴀʟɪᴢᴇʀ ᴘᴇʀɪᴏᴅ input box. MA Visualizer colour theme can be be changed from MA Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ dropdown. The faster of the two set of bands that form the MA Visualizer reacts to price action faster and can be clearly seen from its change of colour from Bull Colour to Bear Colour or viceversa earlier than the slower set of bands. The fill colour between the bands also helps the user stay in a trade or exit a trade based on other confirmators or filters included in ™TradeChartist Visualizer . =================================================================================================================== ╔═══════ 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 𝗮𝗻𝗱 𝗙𝗶𝗹𝘁𝗲𝗿𝘀 ═══════╗ 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 Trade Signals can be enabled along with use of various filters from this heading in Visualizer settings. To plot Trade entry markers on chart when a trade signal is generated, enable 𝐁𝐁/𝐃𝐨𝐧𝐜𝐡𝐢𝐚𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 𝐁𝐫𝐞𝐚𝐤𝐨𝐮𝐭 𝐒𝐢𝐠𝐧𝐚𝐥𝐬. The script automatically detects the breakouts based on user specified settings under 𝗕𝗕 & 𝗗𝗼𝗻𝗰𝗵𝗶𝗮𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹𝘀. Trade Entries are plotted on the real-time breakout candle, so it is recommended to wait for bar close before taking a position in the direction of the breakout. 𝗙𝗶𝗹𝘁𝗲𝗿𝘀 Various Filters can be used from this heading to reduce noise and help make the trade decision more effective and eliminates unproductive trades when the price is ranging or during sideways movement. To use Filters, enable 𝐔𝐬𝐞 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐥𝐭𝐞𝐫 and choose the Filters from under Tʀᴀᴅᴇ Fɪʟᴛᴇʀ 1 and Tʀᴀᴅᴇ Fɪʟᴛᴇʀ 2 . If --- is chosen, no filter will be used. Trade filter parameters can be changed from under 𝗙𝗶𝗹𝘁𝗲𝗿 𝗣𝗮𝗿𝗮𝗺𝗲𝘁𝗲𝗿𝘀 section of Visualizer settings. The two trade filter dropdowns enable traders to use upto 2 filters from the following. ══> MA filter - This filters entries after a breakout only if the close price had breached the MA price. Filter MA is based on the same settings as MA Visualizer. This MA used for Filter can also be plotted by enabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐌𝐀 𝐅𝐢𝐥𝐭𝐞𝐫 (𝐌𝐀 𝐕𝐢𝐬𝐮𝐚𝐥𝐢𝐳𝐞𝐫 𝐒𝐞𝐭𝐭𝐢𝐧𝐠𝐬). To view this MA plot clearly, disable MA Visualizer. ══> MA Visualizer filter - This filters entries after a breakout only if both set of MA Visualizer bands had turned into same colour (either Bull or Bear Colour) agreeing with the direction of the breakout. ══> RSI filter - This filters entries after a breakout only if the RSI had crossed above RSI - Lᴏɴɢ Eɴᴛʀʏ Fɪʟᴛᴇʀ for Longs or if RSI had crossed below RSI - Sʜᴏʀᴛ Eɴᴛʀʏ Fɪʟᴛᴇʀ . ══> Kumo Breakout filter - This filters entries after a breakout only if price had closed above or below the Kumo of the Ichimoku Cloud in the direction of the breakout. ══> Price crossing Kijun Sen - This filters entries after a breakout only if close price had crossed Kijun Sen or the Ichimoku Base Line in the direction of the breakout. To visualize the Kumo Breakout or Price crossing Kijun Sen, Ichimoku Cloud can be plotted on chart by enabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐜𝐡𝐢𝐦𝐨𝐤𝐮 𝐂𝐥𝐨𝐮𝐝 from 𝗙𝗶𝗹𝘁𝗲𝗿 𝗣𝗮𝗿𝗮𝗺𝗲𝘁𝗲𝗿𝘀 section of Visualizer settings. =================================================================================================================== ╔═══ 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗟𝗲𝘃𝗲𝗹𝘀 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗼𝗿 ════╗ Enabling 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗟𝗲𝘃𝗲𝗹𝘀 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗼𝗿 plots support and resistance levels automatically without any input from the user other than preferred levels plot from the indicator settings namely, Plot Local Levels for Lower TF - Plots all important Support/Resistance levels for mostly smaller time frames (can be used for up to 1hr in most cases). Recommended for Scalping/Swing Trading mostly dependent on volatility. Plot Local Levels for Higher TF - Plots all important Support/Resistance levels inferred from mostly time frames - Short to Mid term outlook. Use Trading View Data Window to make effective use of the levels. =================================================================================================================== ╔═════════ 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 ═════════╗ Volatility exhaustion is detected by the script and plots $ on bar highs for Long Trades and bar lows for Short Trades if Tᴀᴋᴇ Pʀᴏғɪᴛ Bᴀʀs is enabled. Candles/Bars can be colored with Price action trend strength by enabling Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Bᴀʀs and by choosing one of two themes from Bᴀʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ . Bar colors can also be inverted using Iɴᴠᴇʀᴛ Bᴀʀ Cᴏʟᴏʀs option. To paint the background of the chart to spot trade zones, enable Tʀᴀᴅᴇ Zᴏɴᴇs Bᴀᴄᴋɢʀᴏᴜɴᴅ Fɪʟʟ . Alerts Alerts can be created for Long and Short entries by using Once Per Bar Close as Alert Frequency. Entries are generated on Real time bars based on Breakout and filter conditions. It is recommended to wait for bar close before taking a position based on Visualizer Trade Entries. The indicator does not repaint and can be confidently used for alerts and trade entries without worrying about signals disappearing. ™TradeChartist Visualizer can also be connected to ™TradeChartist Plug and Trade to generate entries along with Targets, Stop Loss plots etc. Target and Stop Loss alerts can be created using Plug and Trade's Alerts system. =================================================================================================================== There are several combinations of settings that can be tested on the security traded based on timeframe and risk/reward expectations. The indicator can be used for trade entries with filter combinations or can be used as standalone Visualizer for trend confirmations, levels etc. Following are a few examples using the Visualizer. Example Charts 1. ETH-USDT 1hr chart using Bollinger Bands (55/1, SMA) with 89 period Hull MA as MA Visualizer filter for BB Entries. 2. AAPL 1hr chart using 34 period Donchian Channels with 89 period Zero-Lag EMA as MA Visualizer filter for Entries. 3.EUR-USD 1hr chart using 34 period Donchian Channels with 89 period TEMA as MA Visualizer Filter for Entries. 4. XBT Daily chart using 9/21 Donchian Channels with Kumo Breakout Filter and 34 period Hull MA Visualizer Filter for Entries connected to Plug and Trade. 5. LINK-USDT 1hr chart using 34 period Donchian Channels with 55 period LSMA MA Visualizer Filter for Entries with Ichimoku Cloud Plot. =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script® indicator
by TradeChartist
28
ApexBull-Aggressive Trend IndicatorOfficial ApexBull Trend Trading Indicator - Aggressive Version Description: A trend indicator that utilizes multiple time frame analysis to spot trending markets, give you aggressive entries based on longer term trend on a shorter term chart using momentum. By default this indicator uses Daily chart for trend analysis and a 4 hour chart to provide entries. It can be modified for shorter time frames as well but ideally should be using for swing trading by entering conservatively on 4 hour chart. It also analyzes when markets are not trending, consolidating and/or correcting and lets you stay out by not giving you signals until the trend resumes or reverses to keep you from getting whipsawed in sideways markets. This is the modified version of our ApexBull Trend Indicator that provides more entries and earlier entries for more experienced traders with higher tolerance for risk. As you can see on the screen shot it provides BUY signals in this uptrend on 4 hour chart of SP500 E-Mini chart and not SELL signals as we are in the uptrend. Once the TREND changes to downtrend, the indicator will start showing you SELL signals instead of BUY. Take profit levels are up to you, and stop losses are best used at previous swing high/low. If you would like to try out our indicator please send me a direct message here.
Pine Script® indicator
by ApexBull
1
Novice Hedge Trade MasterDear Investor / Trader, Novice Hedge Trade Master is a flag to identify the Supply and Demand zones. I have coded the flag in such a way when there is an imbalance between the buyer and the seller, the flag is triggered. There are 2 type of candle. Equilibrium Candle (E-Candle): They imply that transactions are happening in a range thus Buyer and Seller are in balance Candle with Body Range <= 50% of Candle Range Im-Balance Candle (IB-Candle): They imply imbalance between Buyer and Seller thus price starts moving either up or down Candle with Body Range > 50% of Candle Range Demand Zone Formation (DZ): 1. Reversal Pattern – RED IB Candle - > BLUE E Candle - > GREEN IB Candle 2. Continuous Pattern – GREEN IB Candle - > BLUE E Candle - > GREEN IB Candle Supply Zone Formation (SZ): 1. Reversal Pattern – GREEN IB Candle - > BLUE E Candle - > RED IB Candle 2. Continuous Pattern – RED IB Candle - > BLUE E Candle - > RED IB Candle Flag Name: DZ - Demand Zone SZ - Supply Zone Suggested time frame: Scalping trading - 1 Min or 3 Min Intraday trading - 5 Min or 15 Min Swing Trading - 1 Hr or 4 Hr Positional Trading - 1 Day Buy Opportunity: Entry - When there is a formation of DZ flag in an up trend of the underlying. Stop loss should be the low of the BLUE candle. Sell Opportunity: Entry - When there is a formation of SZ flag in a down trend of the underlying. Stop loss should be the high of the BLUE candle. High POP Setup: One can take trades based on the flag when there is a correlation with Pivot , Camarilla , higher period MA. Note: Trade only the pull back.
Pine Script® indicator
by Novice_Hedge
28
TradeChartist Fib Master™TradeChartist Fib Master is a versatile Fibonacci Support and Resistance indicator that can be used to plot Automatic Levels and Fibonacci Levels based on a variety of ways from the settings, including Auto Fibs plot by connecting to an external indicator. =================================================================================================================== What does ™TradeChartist Fib Master do? Plots Automatic Levels without the need for user input Plots 3 types of Fibonacci Levels ════ 1. Auto-Fibs (by connecting to an external indicator - Oscillatory or non-Oscillatory) ════ 2. Fibs based on Lookback (Lookback type - Candles or Days) ════ 3. Fibs based on Price Input =================================================================================================================== Detailed description of ™TradeChartist Fib Master features ╔══ Automatic Levels Generator ══╗ Enabling Plot Automatic Levels plots support and resistance levels automatically without any input from the user other than preferred levels plot from the indicator settings namely, Plot Local Levels for Lower TF - Plots all important Support/Resistance levels for mostly smaller time frames (can be used for up to 1hr in most cases). Recommended for Scalping/Swing Trading mostly dependent on volatility. Plot Local Levels for Higher TF - Plots all important Support/Resistance levels inferred from mostly time frames - Short to Mid term outlook. Plot Extended Levels for Higher TF - Plots all important Support/Resistance levels inferred from very higher time frames - Mid to Long term outlook. Use Trading View Data Window to make effective use of the levels. Tip: Add a duplicate Fib Master indicator to chart, use Automatic Levels Generator and increase transparency of Fib colours to 100. This helps view the levels on Data Window while having the Fib plots on chart. Note: Uncheck Plot Automatic Levels to enable Fibonacci plots from Fibonacci Levels Generator ╔══ Fibonacci Levels Generator ══╗ ════ 1. Auto-Fibs ════ Almost any indicator plot or Signal (Oscillatory or non-Oscillatory) can be connected to Fib Master to generate automatic fib levels. This is done by automatically detecting the price trend based on the connected indicator, its corresponding highest high and lowest low prices of each trend. Also, Fib Master plots Bull (default - green) and Bear (default - red) Zones background including the signal candle (default - orange), where the trend changes based on the connected indicator Signal. This helps detect the effectiveness of the connected indicator Signal too, as too many unproductive signals from the connected indicator will create numerous Bull and Bear Zones (which also will render the Auto-Fibs ineffective). To connect an external indicator Signal, just choose the corresponding Signal plot from the Plug Indicator Here dropdown from settings and choose whether the connected signal is Oscillatory (for Oscillators like RSI, CCI, MACD, Trend Identifier signals from more complex indicators like ™TradeChartist Bollinger Bands and Donchian Channels Pro etc.) or non-Oscillatory (for plots like Moving Averages, Super Trend, Ichimoku plots like Kijun Sen etc.) If the connected Signal is Oscillatory, enter the filter levels. Default is 0 for both fields as most Oscillators have 0 as their mean reversal zone. For Oscillators like RSI, 60/40, 50/50, 55/45 etc. can be used. Note: Please test the performance and effectiveness of Auto-Fibs of connected Signal first before using it for trades. ════ 2. Fibs based on Lookback ════ Lookback type - Candles Determines the High and Low price of the user input number of Candles back (100 default) and plots Fibonacci Levels based on the calculated High and Low for the number of candles in the past from the current candle. The levels stay intact on any time frame as long as no new Highs or Lows are formed. Lookback type - Days Determines the High and Low price of the user input number of Days back (100 default) and plots Fibonacci Levels based on the calculated High and Low for the number of days in the past from the day of the current bar. The levels stay intact on any time frame as long as no new Highs or Lows are formed. ════ 3. Fibs based on Price Input ════ Plots Fibonacci Levels based on the user specified High and Low Price in the settings input fields. The levels stay intact on any time frame irrespective of new Highs or Lows being formed. Manual Price Input will enable the trader to keep the Levels intact and visually see the higher Fibonacci Retracement levels, when the price crosses beyond 100% retracement. On the other two lookback types, the Fibonacci levels are displayed only upto 100% retracement. =================================================================================================================== Note: Show Auto-Fibs from current High/Low When this option is chosen from indicator settings, the Auto-fib levels are drawn from the highest high of the trending price direction to lowest low of last trend for uptrend or vice-versa for downtrend. =================================================================================================================== Extra Features The Fibonacci levels can also be reversed by enabling Reverse Fibonacci Levels option from the settings. 0.886 and 1.113 Fib levels can be plotted on chart by enabling Show 0.886 and 1.113 Fibs from settings, as these are important levels for harmonic pattern traders. Fib Line and Label Style including Color, transparency, size etc. can be changed from settings based on user preference. =================================================================================================================== Example Charts XAU-USD Gold Daily chart using Automatic Levels Generator with Zones identified when connected to external indicator BTC-USDT Daily chart using Automatic Levels Generator SPX 1hr chart using Automatic Levels Generator ETH-USDT 1hr chart using AutoFibs generated by connecting Fib Master to RSI with 60/40 Filter levels XAG-USD (Silver) 1hr chart using Fibonacci Levels based on lookback =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script® indicator
by TradeChartist
16
Divergence+ [MS]Divergence indicator for any asset and any time frame that shows bullish and bearish regular (dotted) and hidden (dashed) divergences. Simple to use, just add to your chart and select the size of divergences you want to see. Scalping? Use a lower number. Swing trading? Use a higher number. Set alerts on when divergences appear. Settings • Set the divergence size • Show hidden divergences • Show signals with divergences Use the link below or PM us to obtain access to this indicator.
Pine Script® indicator
by marketscripters
95