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Gold/Silver RatioOverview This indicator displays the Gold/Silver Ratio by dividing the price of gold (XAUUSD) by the price of silver (XAGUSD) on the same timeframe. It is a widely used tool in macroeconomic and precious metals analysis, helping traders and investors evaluate the relative value of gold compared to silver. 📈 What it does Plots the ratio between gold and silver prices as a line on the chart. Displays two key horizontal levels: Overbought level at 90 (dashed red line). Oversold level at 70 (dashed green line). Highlights the chart background to show extreme conditions: Red shading when the ratio exceeds 90 (gold is likely overvalued relative to silver). Green shading when the ratio drops below 70 (silver is likely overvalued relative to gold). 🧠 How to Use When the ratio exceeds 90, it suggests that gold may be overbought or silver may be undervalued. Historically, these have been good times to consider shifting exposure from gold to silver. When the ratio falls below 70, it may indicate silver is overbought or gold is undervalued. This tool is best used in conjunction with technical analysis, macroeconomic trends, or RSI/Bollinger Bands applied to the ratio. ⚙️ Inputs This version of the script uses OANDA's XAUUSD and XAGUSD pairs for spot gold and silver prices. You may edit the request.security() calls to change data sources (e.g., FXCM, FOREXCOM, or CFD tickers from your broker). ✅ Best For: Macro traders Commodity investors Ratio and spread traders Long-term portfolio reallocators
Pine Script® indicator
by Slavtrad
Reversal Strength Meter – Adib NooraniThe Reversal Strength Meter is an oscillator designed to identify potential reversal zones based on supply and demand dynamics. It uses smoothed stochastic logic to reduce noise and highlight areas where momentum may be weakening, signaling possible market turning points. 🔹 Smooth, noise-reduced stochastic oscillator 🔹 Custom zones to highlight potential supply and demand imbalances 🔹 Non-repainting, compatible across all timeframes and assets 🔹 Visual-only tool — intended to support discretionary trading decisions This oscillator assists scalpers and intraday traders in tracking subtle shifts in momentum, helping them identify when a market may be preparing to reverse — always keeping in mind that trading is based on probabilities, not certainties. 📘 How to Use the Indicator Efficiently For Reversal Trading: Buy Setup – When the blue line dips below the 20 level, wait for it to re-enter above 20. – Look for reversal candlestick patterns (e.g., bullish engulfing, hammer, or morning star). – Enter above the pattern’s high, with a stop loss below its low. Sell Setup – When the blue line rises above the 80 level, wait for it to re-enter below 80. – Look for bearish candlestick patterns (e.g., bearish engulfing, inverted hammer, or evening star). – Enter below the pattern’s low, with a stop loss above its high. 🛡 Risk Management Guidelines Risk only 0.5% of your capital per trade Book 50% profits at a 1:1 risk-reward ratio Trail the remaining 50% using price action or other supporting indicators
Pine Script® indicator
by GlobalMarketWizard
2
Reversal Scalping Ribbon - Adib NooraniThe Reversal Scalping Ribbon is a trend-following overlay tool designed to visually identify potential reversal zones based on price extremes and dynamic volatility bands. It calculates adaptive upper and lower bands using price action and custom ATR logic, helping traders quickly assess market direction and possible turning points 🔹 Volatility-adjusted bands based on price highs/lows 🔹 Color-coded ribbons to indicate trend bias and potential reversal shifts 🔹 No repainting, works on all timeframes and assets 🔹 Visual-only display, no trade signals — supports discretion-based entries This ribbon is designed for scalpers and intraday traders to spot reversal setups with clarity. It enhances your trading by showing real-time market bias without unnecessary distractions. By focusing on probabilities, it helps to improve decision-making in fast-paced environments How to use the indicator efficiently For Reversal Trading: Buy: When price closes below the green ribbon with a red candle, then re-enters with a green candle. Enter above the high of the green candle with a stop loss below the lowest low of the recent green/red candles Sell: When price closes above the red ribbon with a green candle, then re-enters with a red candle. Enter below the low of the red candle with a stop loss above the highest high of the recent red/green candles Risk Management: Limit risk to 0.5% of your capital per trade Take 50% profit at a 1:1 risk-reward ratio For the remaining 50%, trail using the lower edge of the green band for buys and the upper edge of the red band for sells
Pine Script® indicator
by GlobalMarketWizard
Economic Crises by @zeusbottradingEconomic Crises Indicator by @zeusbottrading Description and Use Case Overview The Economic Crises Highlight Indicator is designed to visually mark major economic crises on a TradingView chart by shading these periods in red. It provides a historical context for financial analysis by indicating when major recessions occurred, helping traders and analysts assess the performance of assets before, during, and after these crises. What This Indicator Shows This indicator highlights the following major economic crises (from 1953 to 2020), which significantly impacted global markets: • 1953 Korean War Recession • 1957 Monetary Tightening Recession • 1960 Investment Decline Recession • 1969 Employment Crisis • 1973 Oil Crisis • 1980 Inflation Crisis • 1981 Fed Monetary Policy Recession • 1990 Oil Crisis and Gulf War Recession • 2001 Dot-Com Bubble Crash • 2008 Global Financial Crisis (Great Recession) • 2020 COVID-19 Recession Each of these periods is shaded in red with 80% transparency, allowing you to clearly see the impact of economic downturns on various financial assets. How This Indicator is Useful This indicator is particularly valuable for: ✅ Comparative Performance Analysis – It allows traders and investors to compare how different assets (e.g., Gold, Silver, S&P 500, Bitcoin) performed before, during, and after major economic crises. ✅ Identifying Market Trends – Helps recognize recurring patterns in asset price movements during times of financial distress. ✅ Risk Management & Strategy Development – Understanding how markets reacted in the past can assist in making better-informed investment decisions for future downturns. ✅ Gold, Silver & Bitcoin as Safe Havens – Comparing precious metals and cryptocurrencies against traditional stocks (e.g., SPY) to analyze their performance as hedges during economic turmoil. How to Use It in Your Analysis By overlaying this indicator on your Gold, Silver, SPY, and Bitcoin chart (for example), you can quickly spot historical market reactions and use that insight to predict possible behaviors in future downturns. ⸻ How to Apply This in TradingView? 1. Click on Use on chart under the image. 2. Overlay it with Gold ( OANDA:XAUUSD ), Silver ( OANDA:XAGUSD ), SPY ( AMEX:SPY ), and Bitcoin ( COINBASE:BTCUSD ) for comparative analysis. ⸻ Conclusion This indicator serves as a powerful historical reference for traders analyzing asset performance during economic downturns. By studying past crises, you can develop a data-driven investment strategy and improve your market insights. 🚀📈 Let me know if you need any modifications or enhancements!
Pine Script® indicator
by zeusbottrading
first fvg @joshuuuThis indicator was created to display and alert the user for the first Fair Value Gap (FVG) of up to three trading sessions. Bullish FVG occurs when the high of the first candle is lower than the low of the third candle, resulting in a price gap between them. Conversely, a Bearish FVG takes place when the low of the first candle is higher than the high of the third candle, leading to a gap between these prices. ICT emphasizes on three crucial timeframes: 3-4 am NY, 10-11 am NY, and 2-3 pm NY, collectively referred to as the 'silver bullet' times. The very first FVG formed during these periods can significantly impact the remainder of that trading session. Building upon these concepts, CasperSMC developed a strategy involving buying/selling the very first FVG and placing a stop order just above/below the candle responsible for creating the FVG. The strategy aims for a consistent 2-to-1 Reward-to-Risk ratio (2RR). This indicator serves to support the strategy by not only displaying those fvgs but also sending alerts, reducing the need for constant screen monitoring.
Pine Script® indicator
by joshuuu
32
MF Total Silver Market Capitalization by MigueFinanceThis is the Current Market Capitalization and Historical Chart of Silver There might be discrepancies in the future on the current market capitalization of silver due to the number of silver ever mined which is always increasing. So as to update it when necessary, one of the sites you can check to get the most up to date amount is: "https://companiesmarketcap.com/silver/marketcap/" and then edit the amount of tonnes on the settings of this indicator.
Pine Script® indicator
by miguefinance
Metals:Backwardation/ContangoMETALS: Gold , Silver , Copper ( GC , SI, HG) Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts. Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract prices decreasing into the future): its a bullish sign: Buyers want this commodity, and they want it NOW. Note: indicator does not map to time axis in the same way as price; it simply plots the progression of contract months out into the future; left to right; so timeframe DOESN'T MATTER for this plot There's likely some more efficient way to write this; e.g. when plotting for Gold ( GC ); 21 of the security requests are redundant; but they are still made; and can make this slower to load TO UPDATE(once a year will do): in REQUEST CONTRACTS section, delete old contracts (top) and add new ones (bottom). Then in PLOTTING section, Delete old contract labels (bottom); add new contract labels (top); adjust the X in 'bar_index-(X+_historical)' numbers accordingly This is one of three similar indicators: Meats | Metals | Grains -If you want to build from this; to work on other commodities ; be aware that Tradingview limits the number of contract calls to 40 (hence the 3 seperate indicators) Tips: -Right click and reset chart if you can't see the plot; or if you have trouble with the scaling. -Right click and add to new scale if you prefer this not to overlay directly on price. Or move to new pane below. --Added historical input: input days back in time; to see the historical shape of the Futures curve via selecting 'days back' snapshot updated 15th June 2022 © twingall
Pine Script® indicator
by twingall
5
Volatility Risk Premium GOLD & SILVER 1.0ENGLISH This indicator (V-R-P) calculates the (one month) Volatility Risk Premium for GOLD and SILVER. V-R-P is the premium hedgers pay for over Realized Volatility for GOLD and SILVER options. The premium stems from hedgers paying to insure their portfolios, and manifests itself in the differential between the price at which options are sold (Implied Volatility) and the volatility GOLD and SILVER ultimately realize (Realized Volatility). I am using 30-day Implied Volatility (IV) and 21-day Realized Volatility (HV) as the basis for my calculation, as one month of IV is based on 30 calendaristic days and one month of HV is based on 21 trading days. At first, the indicator appears blank and a label instructs you to choose which index you want the V-R-P to plot on the chart. Use the indicator settings (the sprocket) to choose one of the precious metals (or both). Together with the V-R-P line, the indicator will show its one year moving average within a range of +/- 15% (which you can change) for benchmarking purposes. We should consider this range the “normalized” V-R-P for the actual period. The Zero Line is also marked on the indicator. Interpretation When V-R-P is within the “normalized” range, … well... volatility and uncertainty, as it’s seen by the option market, is “normal”. We have a “premium” of volatility which should be considered normal. When V-R-P is above the “normalized” range, the volatility premium is high. This means that investors are willing to pay more for options because they see an increasing uncertainty in markets. When V-R-P is below the “normalized” range but positive (above the Zero line), the premium investors are willing to pay for risk is low, meaning they see decreasing uncertainty and risks in the market, but not by much. When V-R-P is negative (below the Zero line), we have COMPLACENCY. This means investors see upcoming risk as being lower than what happened in the market in the recent past (within the last 30 days). CONCEPTS : Volatility Risk Premium The volatility risk premium (V-R-P) is the notion that implied volatility (IV) tends to be higher than realized volatility (HV) as market participants tend to overestimate the likelihood of a significant market crash. This overestimation may account for an increase in demand for options as protection against an equity portfolio. Basically, this heightened perception of risk may lead to a higher willingness to pay for these options to hedge a portfolio. In other words, investors are willing to pay a premium for options to have protection against significant market crashes even if statistically the probability of these crashes is lesser or even negligible. Therefore, the tendency of implied volatility is to be higher than realized volatility, thus V-R-P being positive. Realized/Historical Volatility Historical Volatility (HV) is the statistical measure of the dispersion of returns for an index over a given period of time. Historical volatility is a well-known concept in finance, but there is confusion in how exactly it is calculated. Different sources may use slightly different historical volatility formulas. For calculating Historical Volatility I am using the most common approach: annualized standard deviation of logarithmic returns, based on daily closing prices. Implied Volatility Implied Volatility (IV) is the market's forecast of a likely movement in the price of the index and it is expressed annualized, using percentages and standard deviations over a specified time horizon (usually 30 days). IV is used to price options contracts where high implied volatility results in options with higher premiums and vice versa. Also, options supply and demand and time value are major determining factors for calculating Implied Volatility. Implied Volatility usually increases in bearish markets and decreases when the market is bullish. For determining GOLD and SILVER implied volatility I used their volatility indices: GVZ and VXSLV (30-day IV) provided by CBOE. Warning Please be aware that because CBOE doesn’t provide real-time data in Tradingview, my V-R-P calculation is also delayed, so you shouldn’t use it in the first 15 minutes after the opening. This indicator is calibrated for a daily time frame. ---------------------------------------------------------------------- ESPAŇOL Este indicador (V-R-P) calcula la Prima de Riesgo de Volatilidad (de un mes) para GOLD y SILVER. V-R-P es la prima que pagan los hedgers sobre la Volatilidad Realizada para las opciones de GOLD y SILVER. La prima proviene de los hedgers que pagan para asegurar sus carteras y se manifiesta en el diferencial entre el precio al que se venden las opciones (Volatilidad Implícita) y la volatilidad que finalmente se realiza en el ORO y la PLATA (Volatilidad Realizada). Estoy utilizando la Volatilidad Implícita (IV) de 30 días y la Volatilidad Realizada (HV) de 21 días como base para mi cálculo, ya que un mes de IV se basa en 30 días calendario y un mes de HV se basa en 21 días de negociación. Al principio, el indicador aparece en blanco y una etiqueta le indica que elija qué índice desea que el V-R-P represente en el gráfico. Use la configuración del indicador (la rueda dentada) para elegir uno de los metales preciosos (o ambos). Junto con la línea V-R-P, el indicador mostrará su promedio móvil de un año dentro de un rango de +/- 15% (que puede cambiar) con fines de evaluación comparativa. Deberíamos considerar este rango como el V-R-P "normalizado" para el período real. La línea Cero también está marcada en el indicador. Interpretación Cuando el V-R-P está dentro del rango "normalizado",... bueno... la volatilidad y la incertidumbre, como las ve el mercado de opciones, es "normal". Tenemos una “prima” de volatilidad que debería considerarse normal. Cuando V-R-P está por encima del rango "normalizado", la prima de volatilidad es alta. Esto significa que los inversores están dispuestos a pagar más por las opciones porque ven una creciente incertidumbre en los mercados. Cuando el V-R-P está por debajo del rango "normalizado" pero es positivo (por encima de la línea Cero), la prima que los inversores están dispuestos a pagar por el riesgo es baja, lo que significa que ven una disminución, pero no pronunciada, de la incertidumbre y los riesgos en el mercado. Cuando V-R-P es negativo (por debajo de la línea Cero), tenemos COMPLACENCIA. Esto significa que los inversores ven el riesgo próximo como menor que lo que sucedió en el mercado en el pasado reciente (en los últimos 30 días). CONCEPTOS : Prima de Riesgo de Volatilidad La Prima de Riesgo de Volatilidad (V-R-P) es la noción de que la Volatilidad Implícita (IV) tiende a ser más alta que la Volatilidad Realizada (HV) ya que los participantes del mercado tienden a sobrestimar la probabilidad de una caída significativa del mercado. Esta sobreestimación puede explicar un aumento en la demanda de opciones como protección contra una cartera de acciones. Básicamente, esta mayor percepción de riesgo puede conducir a una mayor disposición a pagar por estas opciones para cubrir una cartera. En otras palabras, los inversores están dispuestos a pagar una prima por las opciones para tener protección contra caídas significativas del mercado, incluso si estadísticamente la probabilidad de estas caídas es menor o insignificante. Por lo tanto, la tendencia de la Volatilidad Implícita es de ser mayor que la Volatilidad Realizada, por lo cual el V-R-P es positivo. Volatilidad Realizada/Histórica La Volatilidad Histórica (HV) es la medida estadística de la dispersión de los rendimientos de un índice durante un período de tiempo determinado. La Volatilidad Histórica es un concepto bien conocido en finanzas, pero existe confusión sobre cómo se calcula exactamente. Varias fuentes pueden usar fórmulas de Volatilidad Histórica ligeramente diferentes. Para calcular la Volatilidad Histórica, utilicé el enfoque más común: desviación estándar anualizada de rendimientos logarítmicos, basada en los precios de cierre diarios. Volatilidad Implícita La Volatilidad Implícita (IV) es la previsión del mercado de un posible movimiento en el precio del índice y se expresa anualizada, utilizando porcentajes y desviaciones estándar en un horizonte de tiempo específico (generalmente 30 días). IV se utiliza para cotizar contratos de opciones donde la alta Volatilidad Implícita da como resultado opciones con primas más altas y viceversa. Además, la oferta y la demanda de opciones y el valor temporal son factores determinantes importantes para calcular la Volatilidad Implícita. La Volatilidad Implícita generalmente aumenta en los mercados bajistas y disminuye cuando el mercado es alcista. Para determinar la Volatilidad Implícita de GOLD y SILVER utilicé sus índices de volatilidad: GVZ y VXSLV (30 días IV) proporcionados por CBOE. Precaución Tenga en cuenta que debido a que CBOE no proporciona datos en tiempo real en Tradingview, mi cálculo de V-R-P también se retrasa, y por este motivo no se recomienda usar en los primeros 15 minutos desde la apertura. Este indicador está calibrado para un marco de tiempo diario.
Pine Script® indicator
by IQ-trading
1
Scalping Trading System bot Crypto and StocksThis is a trend trading strategy scalping bot that can work with any type of market. However I concluded my tests so far with Crypto, Stocks and Forex, and with optimizations always could be found some profitable settings. Indicators SImple Moving Average Exponential Moving Average Keltner Channels MACD Histogram Stochastics Rules for entry long= Close of the candle bigger than both moving averages and close of the candle is between the top and bot levels from Keltner. At the same time the macd histogram is negative and stochastic is below 50. short= Close of the candle smaller than both moving averages and close of the candle is between the top and bot levels from Keltner. At the same time the macd histogram is positive and stochastic is above 50. Rules for exit We exit when we meet an opposite reverse order. This strategy has no risk management inside, so use it with caution !
Pine Script® strategy
by exlux
20
{Gunzo} Stock to Flow (Gold, Silver, Dollar, Bitcoin)This indicator displays the Stock to Flow (S2F) ratio for popular commodities (Gold, Silver, Dollar, Euro, Bitcoin, Ethereum) in order to compare them and determine which ones could be a good Store of Value (SoV). OVERVIEW : Stock to Flow is a popular indicator used to predict commodities scarcity. It evaluates the total stock of a commodity against the total amount that can be produced during a year. This model supposes that if scarcity is increasing, the price is going to increase. This model has been used over the last years on Bitcoin to determine if the asset was undervalued or overvalued, and even make prediction models on the future price. This script is going to focus on the Stock to Flow ratio (total stock/amount produced) to compare the following assets over time : Mining resources (mined) for Gold and Silver Cryptos assets (mined) for Bitcoin and Ethereum FIAT currencies (banknotes printed) for Dollar and Euro CALCULATION : The calculation of the Stock to Flow ratio evaluates the total stock of a commodity produced against the production made for a specific year. The data is calculated on a yearly basis, then interpolated to get monthly or daily values. DATA ORIGIN : The main information needed to calculate the Stock to Flow ratio is the "yearly production" of a commodity. I tried to retrieve that information from the most reliable sources : for Gold from research on www.gold.org for Silver from research on www.silverinstitute.org for Ethereum from research on etherscan.io for Bitcoin from data source "QUANDL:BCHAIN/TOTBC" from www.quandl.com for Dollar from research on www.federalreserve.gov for Euro from research on www.ecb.europa.eu SETTINGS : Smoothing for interpolated data : Smoothing factor for assets that are calculated yearly and then interpolated (Gold, Silver, Dollar, Euro, and Ethereum) Smoothing for non interpolated data : Smoothing factor for assets that are calculated daily and not interpolated (Bitcoin) Display asset names : Display assets names in a colored rectangle on the right side of the chart Display asset values : Display assets Stock to Flow ratio in a colored rectangle on the right side of the chart Display key events for assets : Display important events for the assets at the bottom of the chart using the same color as the assets lines (for example Orange diamond is a Bitcoin halving). Please refer to the script code for the details of all events. USAGE : This script can be used on any asset available on TradingView as the data used is either static or external. However I recommend using it the Gold asset from currency.com as the depth of the chart will be bigger (since 1980s). It is recommended to used this script on the monthly timeframe as the chart data is calculated yearly and then interpolated.
Pine Script® indicator
by Gunzo_TV
SILVER (XAGUSD) TRADING STRATEGY AND SIGNALSSILVER (XAGUSD) TRADING STRATEGY AND SIGNALS This strategy is designed for Silver OANDA:XAGUSD traders and investors. This strategy is trend following, taking into account the movement of major stock indices such as the Volatility Index. This strategy also takes into account the direction of movement of the Gold asset, in particular, the direction of movement of Gold and changes in the volatility of Gold, as well as the current price of Gold. This, in combination with the main trading indicators (Moving Average, MACD, RSI), strengthens our Silver Trading Strategy and increases its efficiency and the percentage of successful trades. The Silver Trading Strategy is offered for use on the 1 Hour (H1) timeframe and is suitable for active traders with the Silver OANDA:XAGUSD asset. The Silver Trading Strategy FOREXCOM:XAGUSD is suitable as a complement to your trading system and can help increase the efficiency of your Silver trading.
Pine Script® strategy
by atmospherestockstrade
1
PIVOT EDGE - THE COMPLETE TRADING SETUP - CUSTOM TFIntroduction to the Indicator " PIVOT EDGE - The complete trading setup - CUSTOM TF " It means custom timeframe The Foundation layout for this indicator is based on PIVOT's which are nothing but the most important levels that the price has respected in the past. The values for the pivots are derived from the key attributes of the price in any timeframe such as the OPEN, HIGH, LOW and CLOSE. These define the mood of the price and where it intends to move in relation to the previous range formed. Earlier HIGH - LOW i.e the RANGE indicates the possible movement that a stock can make in the current session and as per the calculated pivots we can possible find out the tentative supports and resistances. In addition to this indicator, It is advisable to use the price action theory which helps in taking a right decision for entries. This indicator by itself is complete in nature, i.e it guides the user for possible entry levels and the projected targets that we can achieve and also the likely stop loss limit in case the price reverses. So beforehand even before entering into a trade position, the user can ascertain what can be his loss or max profit and then he can chose an optimum position size for favorable results. The beauty of this Indicator lies in the fact that it can be used for all types of trading like Scalping, Intra day, Swing or Positional and Investments also. It works on all timeframes and across all market segments like EQUITY, COMMODITIES , FUTURES , OPTIONS , FOREX etc. This indicator can be used for any exchange and any time zone also without any changes or adjustments needed. Now let us understand the features of this Indicator in detail. TIMEFRAME - It has options to choose between Day, week and month as timeframe. By default it is set to Day timeframe DISPLAY MAJOR LEVELS - These are the important support and resistance levels calculated based on the past price data. Most important ones are marked in BOLD RED and BOLD GREEN between which the price tends to move generally. Apart from these, We have breakout level marked in light green and if price breaks this level we can expect targets upto extended levels and beyond marked in blue. we also have breakdown level marked in light red and if price breaks this level we can expect targets down up to extended levels and below it marked in blue. In addition I have coded intermediate target levels that appear in light gray between the extended levels or blue lines. Sometimes when the gap between these targets are huge, price cannot reach the targets and reverses at these intermediate targets. You can use them as targets or trailing stop loss based on your plan DISPLAY HIDDEN LEVELS - These levels are intermediate supports and resistances that can be used whenever the present day indicated range is very wide. Whenever we have an explosive moments in market the range of that day is very huge and so he next day support and resistance band becomes very wide indicating the sideways movement day within that range. And on those days we can switch on the hidden levels and the price respects these levels and most of the days it is inside this range only. DISPLAY PREVIOUS HIGH / LOW / CLOSE - I have included Daily / Weekly and monthly levels. It is important to know the earlier highs / lows and close since price respects it very must just like support and resistance . PEMA - This is an important EMA based indicator which potentially indicates curves of support and resistance during retracements or pullbacks. If the curves are breached then the trend is reversed and the price will tend to move to the next pivots . IMPORTANT NOTE : This indicator does not guarantee any favorable results nor protect your from any loss. You own the complete risk of your trades. It is suggested that you use this indicator and do back testing for considerable period to understand how it works the the potential win rate it can give. If you have any doubts or need any clarifications of assistance in understanding, you can message me and I will try to help. Happy and Safe trading - Mohan from PIVOT EDGE
Pine Script® indicator
by rvmohankumar
2
Amazing strategy for silver -XAGUSD, XAGEUR etcToday I bring an amazing strategy that works for 1h time frames for silver. Its made of price actions movement combined together with MACD and simple moving average It does not use neither stop loss/take profit levels. Instead it will always exit at the next candle after it opens a trade. The rules are the next one : For short condition : we have a bull candle, and candle is above the moving average, and MACD histogram is > 0 and last high0 and candle close > last high1 and, previus high1 and candle close > last high2 At the same time, viceversa for long condition. In development terms, this is the formula long1 = (close > open ) and time_cond and close > out and hist > 0 and hist > hist and high > high and high > high and close > high and close > high and close > high short1 = (close < open) and time_cond and close < out and hist < 0 and hist < hist and low < low and low < low and close < low and close < low and close < low But when we enter the trade, we enter in reverse, like lets say we go long -> for this we apply the short1 condition. If we go short we apply the long1 condition. If you have any questions , please let me know .
Pine Script® strategy
by SoftKill21
3
XAGUSD Long/Short Signal ~ By: Sarp GokdagAbout the Oscillator : The Rex Oscillator is a study that measures market behavior based on the relationship of the close to the open, high and low values of the same bar. The theory behind the Rex Oscillator is that a big difference between the high and close on a bar indicates weakness. Conversely, wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. The True Value of a Bar (TVB) gives us an indication of how healthy the market is. It is possible to have a negative close and a positive TVB, and vice versa. This indicates that the market is building strength on the opposing side of the trend. The Rex Oscillator is a moving average of the TVB, indicating the inertia of the market. When the Rex Oscillator turns positive in a bearish trend, a reversal is indicated. Likewise, Rex turning negative in a bull market indicates a reversal to the downside. When the Rex Oscillator turns positive in a bearish trend, a reversal is indicated. Likewise, Rex turning negative in a bull market indicates a reversal to the downside. The REX Strategy goes long when the REX line of the REX Oscillator crosses above the Signal line and Short when the REX line crosses below the Signal line. The strategy is a reversal strategy through the use of the 'Cover and go Long' and 'Close and go Short' Actions. The REX Oscillator properties of Period' and Signal' can be changed for testing purposes using the available Rex1 'Factor.' The blue line indicates the difference between the Rex MA and the Signal. If the blue line crosses above "0", go Long. If the blue line crosses below "0", go Short. To achieve best results from this strategy, set your chart range minimum 4hrs, max 1 Day. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Pine Script® indicator
by UnknownUnicorn2854563
[astropark] Ichimoku Cloud Strategy [alarms]Dear Followers, today a Great Swing Trading Strategy , runnable on a bot , which works great on High Timeframes (1D is suggested!) but also even better on 1m Renko chart. If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway). This strategy is based on the Ichimoku Cloud Indicator and let's you set a lot of settings: works on all timeframes (but 1D and above is suggested on normal candlesticks chart) you can run this indicator on 1m Renko chart (be sure to enable the "USING RENKO CHART? ENABLE THIS OPTION" setting) you can use 4 kind of Ichimoku Cloud (Custom, Slow, Standard and Fast - keep only one enabled) you can make the Ichimoku Cloud show or not you can enable showing the possibile re-entries you can enable an heiking ashi analysis you can enable a trailing stop strategy ("Auto Trailing Stop Loss" and "Close Trade When Price Breaks Above the Ichimoku Cloud" are two options very much suggested to keep enabled, especially on bot trading) you can create your own trailing stop stategy and take profit strategy you can enable a simple take profit strategy based on RSI Overbought and Oversold levels This strategy only trigger 1 buy or 1 sell, but if you missed the possibility to open your long or short position don't get mad, but just enable the "show re-entry signals" option, so yout will be able to enter again (be sure to always use a proper money management ). By the way, you can set any alarms you like in order to get notified when any kind of signal is triggered (you need to use the "alarms" version for this). Strategy results are calculated on the timeframe from May 2017 to now, so on 2 years and half, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure tp use a safe option, like 3x or 5x at most in order to have liquidation price very far). This is not the "Holy Grail", so use a proper risk management strategy. This script will let you set all notifications you may need in order to be alerted on each triggered signals (there is also an "ALL-IN-ONE" option for free tradingview users. The backtesting version of this indicator, which will let you backtest how the indicator will perform on any chart you may test, can be found by searching for "Ichimoku Cloud Strategy" and then choosing the astropark indicator with "red and green arrows" at the end of the name. You can find it here below too: This is a premium indicator , so send me a private message in order to get access to this script.
Pine Script® indicator
by astropark
Correlated MarketsThis indicator is free to all Oasis Trading Group members. This indicator reads correlations between two symbols of your choice, and displays 4 correlations at the same time. The upper and lower thresholds are user-definable, alerts and visual indications are given when the line crosses the level. This indicator uses a correlation coefficient which ranges between -1.0 and +1.0. A correlation of +1.0 implies a perfect correlation while -1.0 implies the two pairs are in complete opposition. This is useful not only in Forex trading but also for managing or diversifying your portfolio or for finding patterns, for example when two Forex pairs move independently or an altcoin splits from BTC . A circle on the +1 line will display for a positive correlation (or whatever you set the threshold to and vice versa for the -1 line. Alerts are also available for each correlation pair. For Access or Questions: Private message us. Thank you.
Pine Script® indicator
by OasisTrading
Various Volume RSI (UNLIMITED)RSI displaying multiple currencies together (arbitrary input version) forex or cryptcurrencies...economic index or metal or energy...and more... 複数の通貨をまとめて表示するRSIです。（任意入力版） 外国為替や暗号通貨...経済指数・金属・エネルギー...その他を表示できます。 同時に多通貨を監視することで見えてくるものがあります。 詳細、購入などはこちらにて note.mu
Pine Script® indicator
by mushoku
Silver Fundamental (Weekly)This script helps to determine the fundamentals of silver. The value of fundamental strength ranges between 0 to 1. This is developed by considering the COT data and then normalizing it in a particular way so that it helps in determining the trend of silver. Note: Use this only in Weekly Chart because COT's are announced Weekly. I hope this script helps people in the tradingview community. And please, do share your reviews after using it. Godspeed :)
Pine Script® indicator
by UnknownUnicorn2785010