IU Trailing Stop Loss MethodsThe 'IU Trailing Stop Loss Methods' it's a risk management tool which allows users to apply 12 trailing stop-loss (SL) methods for risk management of their trades and gives live alerts when the trailing Stop loss has hit. Below is a detailed explanation of each input and the working of the Script.
Main Inputs:
- bar_time: Specifies the date from which the trade begins and entry price will be the open of the first candle.
- entry_type: Choose between 'Long' or 'Short' positions.
- trailing_method: Select the trailing stop-loss method. Options include ATR, Parabolic SAR, Supertrend, Point/Pip based, Percentage, EMA, Highest/Lowest, Standard Deviation, and multiple target-based methods.
- exit_after_close: If checked, exits the trade only after the candle closes.
Optional Inputs:
ATR Settings:
- atr_Length: Length for the ATR calculation.
- atr_factor: ATR multiplier for SL calculation.
Parabolic SAR Settings:
- start, increment, maximum: Parameters for the Parabolic SAR indicator.
Supertrend Settings:
- supertrend_Length, supertrend_factor: Length and factor for the Supertrend indicator.
Point/Pip Based:
- point_base: Set trailing SL in points/pips.
Percentage Based:
- percentage_base: Set SL as a percentage of entry price.
EMA Settings:
- ema_Length: Length for EMA calculation.
Standard Deviation Settings:
- std_Length, std_factor: Length and factor for standard deviation calculation.
Highest/Lowest Settings:
- highest_lowest_Length: Length for the highest/lowest SL calculation.
Target-Based Inputs:
- ATR, Point, Percentage, and Standard Deviation based target SL settings with customizable lengths and multipliers.
Entry Logic:
- Trades initiate based on the entry_type selected and the specified bar_time.
- If Long is selected, a long trade is initiated when the conditions match, and vice versa for Short.
Trailing Stop-Loss (SL) Methods Explained:
The strategy dynamically adjusts stop-loss based on the chosen method. Each method has its calculation logic:
- ATR: Stop-loss calculated using ATR multiplied by a user-defined factor.
- Parabolic SAR: Uses the Parabolic SAR indicator for trailing stop-loss.
- Supertrend: Utilizes the Supertrend indicator as the stop-loss line.
- Point/Pip Based: Fixed point-based stop-loss.
- Percentage Based: SL set as a percentage of entry price.
- EMA: SL based on the Exponential Moving Average.
- Highest/Lowest: Uses the highest high or lowest low over a specified period.
- Standard Deviation: SL calculated using standard deviation.
Exit Conditions:
- If exit_after_close is enabled, the position will only close after the candle confirms the stop-loss hit.
- If exit_after_close is disabled, the strategy will close the trade immediately when the SL is breached.
Visualization:
The script plots the chosen trailing stop-loss method on the chart for easy visualization.
Target-Based Trailing SL Logic:
- When a position is opened, the strategy calculates the initial stop-loss and progressively adjusts it as the price moves favorably.
- Each SL adjustment is stored in an array for accurate tracking and visualization.
Alerts and Labels:
- When the Entry or trailing stop loss is hit this scripts draws a label and give alert to the user that trailing stop has been hit for the trade.
Note - on the historical data The Script will show nothing if the entry and the exit has happened on the same candle, because we don't know what was hit first SL or TP (basically how the candle was formed on the lower timeframe).
Summary:
This script offers flexible trailing stop-loss options for traders who want dynamic risk management in their strategies. By offering multiple methods like ATR, SAR, Supertrend, and EMA, it caters to various trading styles and risk preferences.
Volatility
[LeonidasCrypto]Volume Force IndexVolume Force Index (VFI)
Overview
The Volume Force Index (VFI) is a technical indicator that measures the balance between buying and selling pressure in the market by analyzing volume patterns. It helps traders identify potential trend reversals and confirm trend strength.
What It Measures
Buying vs. selling volume pressure
Market momentum
Potential overbought/oversold conditions
Volume trend strength
How to Read the Indicator
Main Components:
Main Line (Green/Red)
Green: Buying pressure is dominant
Red: Selling pressure is dominant
The steeper the slope, the stronger the pressure
Signal Line (Yellow)
Fast EMA that helps identify trend changes
Acts as an early warning system for potential reversals
Dynamic Bands (Red/Green lines)
Adapt to market volatility
Help identify extreme conditions
Based on actual market volatility rather than fixed levels
Signals to Watch
Trend Direction:
Rising oscillator = Increasing buying pressure
Falling oscillator = Increasing selling pressure
Signal Line Crossovers:
Main line crosses above signal line = Potential bullish signal
Main line crosses below signal line = Potential bearish signal
Band Touches:
Touching upper band = Possible buying exhaustion
Touching lower band = Possible selling exhaustion
Color Changes:
Green to Red = Shift to selling pressure
Red to Green = Shift to buying pressure
Best Practices
When to Use:
Trend confirmation
Identifying potential reversals
Volume analysis
Market strength assessment
Tips:
Use in conjunction with price action
Look for divergences with price
More reliable on higher timeframes
Consider market context
Default Settings:
MA Period: 14 (volume calculation)
Smooth Length: 3 (noise reduction)
EMA Period: 4 (signal line)
Volatility Period: 20 (band calculation)
Volatility Multiplier: 1.5 (band width)
Best Markets to Apply
Any market with reliable volume data
Summary
The VFI is a powerful tool that combines volume analysis with trend identification. Its adaptive nature makes it suitable for various market conditions, but it should be used as part of a complete trading strategy, not in isolation.
Trend Strength Signals Multi timeframeThis indicator is a companion to the Trend Strength Signals Multi timeframe array, it shows possibly exhausted price levels from which traders are likely to take part of their profits and close positions. The purpose of this script is to estimate market peaks and dips based on how far the price is overextended.
BTCUSDT 4h Chart - Supertrend [CYRANO]This strategy uses the Supertrend indicator to generate buy and sell signals based on trend direction. It is specifically designed for the BTC/USDT pair on a 4-hour chart. Here's a detailed breakdown of its components and functionality:
Key Features:
Supertrend Indicator:
Uses the Average True Range (ATR) to calculate dynamic support and resistance levels.
Generates an uptrend (green) or downtrend (red) signal based on price action:
Uptrend (green): When the price is above the Supertrend level.
Downtrend (red): When the price is below the Supertrend level.
Date Range Filter:
Allows users to specify a backtesting period using Start Date and End Date.
All trades are executed only within this date range.
If the current date is outside the range, the strategy closes all open positions.
Trade Logic:
Buy Signal: Enter a long position when the trend changes to green (uptrend).
Sell Signal: Exit the long position when the trend changes to red (downtrend).
Visualizations:
Plots the Supertrend line for both uptrend and downtrend scenarios.
Fills the area between the Supertrend line and the midpoint of the candle body for visual clarity:
Green Fill: Indicates an uptrend.
Red Fill: Indicates a downtrend.
Alerts:
Alerts are set up for:
Uptrend (green).
Downtrend (red).
Trend changes (switch between uptrend and downtrend).
Strategy Settings:
Uses 100% of equity for each trade.
Configures a commission of 0.1% and slippage of 3.
Indicator Inputs:
ATR Length:
Default: 10.
Determines the number of bars used to calculate the Average True Range.
Factor:
Default: 3.0.
Multiplier used to calculate the Supertrend levels above and below the price.
Start and End Date:
Default: 1st January 2018 to 31st December 2069.
Controls the date range for backtesting.
Execution Logic:
Entry Conditions: A long position is entered when the trend is green (uptrend).
Exit Conditions: The long position is closed when the trend turns red (downtrend).
Strengths:
Simplicity: The strategy is straightforward and easy to understand, relying solely on trend direction from the Supertrend indicator.
Visual Clarity: The plots and filled areas make it easy to interpret market trends at a glance.
Customizable: Inputs allow users to adjust the ATR length and factor to fit their trading style and market conditions.
Limitations:
No Short Trades: The strategy only supports long trades and does not enter short positions.
Whipsaw Risk: In ranging markets, frequent trend changes may lead to false signals and losses.
No Risk Management: Does not include stop-loss or take-profit levels, relying entirely on trend changes for exits.
Use Case:
This strategy is ideal for trend-following traders who want a clean and visual approach to identifying market trends. Its focus on simplicity and robust indicator logic makes it suitable for volatile instruments like BTC/USDT on higher timeframes. However, traders may need to incorporate additional risk management techniques or complementary indicators for enhanced performance.
BTCUSDT Daily Chart SQUEEZE Strategy [Cyrano]This strategy is designed to identify and trade market conditions based on momentum, squeeze setups, ADX, and RSI indicators. Here's a breakdown of its components and how they interact:
Key Indicators Used:
Squeeze Momentum:
Derived from linear regression of price movements.
Momentum is categorized into positive (increasing or decreasing) and negative (increasing or decreasing).
Momentum color coding:
Lime: Positive and increasing momentum.
Green: Positive and decreasing momentum.
Red: Negative and decreasing momentum.
Maroon: Negative and increasing momentum.
Momentum values are plotted for visualization.
Squeeze Setup (BB & KC):
Bollinger Bands (BB) and Keltner Channels (KC) are calculated:
A squeeze occurs when BB is inside KC (low volatility).
A squeeze release occurs when BB breaks outside KC (high volatility).
Squeeze states:
On: BB within KC (indicates potential breakout).
Off: BB outside KC (indicates active breakout).
No Squeeze: Neither condition is met.
The state is plotted as a colored line (e.g., blue for no squeeze).
ADX (Average Directional Index):
Measures trend strength.
Plotted with dynamic scaling.
Optional display of +DI and -DI for directional movement insights.
RSI (Relative Strength Index):
Helps gauge overbought (above 70) and oversold (below 30) conditions.
RSI levels (70, 50, 30) are plotted with a customizable background.
Strengths:
Combines multiple indicators to identify precise entry and exit points.
Visual aids make it easy to interpret market conditions.
Flexible configuration for different market conditions and trading styles.
Limitations:
Does not account for external market factors or news.
Performance may vary across different asset classes and timeframes.
The strategy only supports long trades and avoids short selling.
This strategy is ideal for traders who prefer systematic trading approaches, especially in markets with well-defined trends and volatility shifts. It balances technical insights with robust visual representation for informed decision-making.
RSI + ADX + ATR 18-01-25Combining RSI (Relative Strength Index), ADX (Average Directional Index), and ATR (Average True Range) creates a synergistic approach to technical analysis. This powerful trio covers momentum, trend strength, and volatility, providing comprehensive insights into market conditions. Here's a deeper exploration of their combined results:
1. Momentum Assessment with RSI
Purpose: RSI measures the speed and magnitude of recent price changes to determine overbought or oversold levels.
Benefit in Combination:
When RSI indicates overbought (above 70) or oversold (below 30) levels, it signals a potential reversal or correction.
However, these signals can be false in strongly trending markets, which is why ADX is used alongside it.
2. Trend Strength Confirmation with ADX
Purpose: ADX confirms the presence and strength of a trend.
Benefit in Combination:
If RSI shows a potential reversal but ADX indicates a strong trend (above 25), the trend is likely to continue, and RSI signals may need to be approached with caution.
Conversely, if ADX is below 20 (weak trend), RSI signals are more likely to indicate genuine reversals, as the market lacks a strong directional push.
3. Volatility Analysis with ATR
Purpose: ATR evaluates the level of price volatility.
Benefit in Combination:
High ATR values indicate volatile conditions where prices can move significantly; this helps in setting wider stop-loss levels to avoid premature exits.
Low ATR values suggest quieter markets, where tighter stop-losses and profit targets are more suitable.
Sunil BB Blast Heikin Ashi StrategySunil BB Blast Heikin Ashi Strategy
The Sunil BB Blast Heikin Ashi Strategy is a trend-following trading strategy that combines Bollinger Bands with Heikin-Ashi candles for precise market entries and exits. It aims to capitalize on price volatility while ensuring controlled risk through dynamic stop-loss and take-profit levels based on a user-defined Risk-to-Reward Ratio (RRR).
Key Features:
Trading Window:
The strategy operates within a user-defined time window (e.g., from 09:20 to 15:00) to align with market hours or other preferred trading sessions.
Trade Direction:
Users can select between Long Only, Short Only, or Long/Short trade directions, allowing flexibility depending on market conditions.
Bollinger Bands:
Bollinger Bands are used to identify potential breakout or breakdown zones. The strategy enters trades when price breaks through the upper or lower Bollinger Band, indicating a possible trend continuation.
Heikin-Ashi Candles:
Heikin-Ashi candles help smooth price action and filter out market noise. The strategy uses these candles to confirm trend direction and improve entry accuracy.
Risk Management (Risk-to-Reward Ratio):
The strategy automatically adjusts the take-profit (TP) level and stop-loss (SL) based on the selected Risk-to-Reward Ratio (RRR). This ensures that trades are risk-managed effectively.
Automated Alerts and Webhooks:
The strategy includes automated alerts for trade entries and exits. Users can set up JSON webhooks for external execution or trading automation.
Active Position Tracking:
The strategy tracks whether there is an active position (long or short) and only exits when price hits the pre-defined SL or TP levels.
Exit Conditions:
The strategy exits positions when either the take-profit (TP) or stop-loss (SL) levels are hit, ensuring risk management is adhered to.
Default Settings:
Trading Window:
09:20-15:00
This setting confines the strategy to the specified hours, ensuring trading only occurs during active market hours.
Strategy Direction:
Default: Long/Short
This allows for both long and short trades depending on market conditions. You can select "Long Only" or "Short Only" if you prefer to trade in one direction.
Bollinger Band Length (bbLength):
Default: 19
Length of the moving average used to calculate the Bollinger Bands.
Bollinger Band Multiplier (bbMultiplier):
Default: 2.0
Multiplier used to calculate the upper and lower bands. A higher multiplier increases the width of the bands, leading to fewer but more significant trades.
Take Profit Multiplier (tpMultiplier):
Default: 2.0
Multiplier used to determine the take-profit level based on the calculated stop-loss. This ensures that the profit target aligns with the selected Risk-to-Reward Ratio.
Risk-to-Reward Ratio (RRR):
Default: 1.0
The ratio used to calculate the take-profit relative to the stop-loss. A higher RRR means larger profit targets.
Trade Automation (JSON Webhooks):
Allows for integration with external systems for automated execution:
Long Entry JSON: Customizable entry condition for long positions.
Long Exit JSON: Customizable exit condition for long positions.
Short Entry JSON: Customizable entry condition for short positions.
Short Exit JSON: Customizable exit condition for short positions.
Entry Logic:
Long Entry:
The strategy enters a long position when:
The Heikin-Ashi candle shows a bullish trend (green close > open).
The price is above the upper Bollinger Band, signaling a breakout.
The previous candle also closed higher than it opened.
Short Entry:
The strategy enters a short position when:
The Heikin-Ashi candle shows a bearish trend (red close < open).
The price is below the lower Bollinger Band, signaling a breakdown.
The previous candle also closed lower than it opened.
Exit Logic:
Take-Profit (TP):
The take-profit level is calculated as a multiple of the distance between the entry price and the stop-loss level, determined by the selected Risk-to-Reward Ratio (RRR).
Stop-Loss (SL):
The stop-loss is placed at the opposite Bollinger Band level (lower for long positions, upper for short positions).
Exit Trigger:
The strategy exits a trade when either the take-profit or stop-loss level is hit.
Plotting and Visuals:
The Heikin-Ashi candles are displayed on the chart, with green candles for uptrends and red candles for downtrends.
Bollinger Bands (upper, lower, and basis) are plotted for visual reference.
Entry points for long and short trades are marked with green and red labels below and above bars, respectively.
Strategy Alerts:
Alerts are triggered when:
A long entry condition is met.
A short entry condition is met.
A trade exits (either via take-profit or stop-loss).
These alerts can be used to trigger notifications or webhook events for automated trading systems.
Notes:
The strategy is designed for use on intraday charts but can be applied to any timeframe.
It is highly customizable, allowing for tailored risk management and trading windows.
The Sunil BB Blast Heikin Ashi Strategy combines two powerful technical analysis tools (Bollinger Bands and Heikin-Ashi candles) with strong risk management, making it suitable for both beginners and experienced traders.
Feebacks are welcome from the users.
Custom BB-RSI IndicatorThe Custom BB-RSI Indicator combines Bollinger Bands (BB) and Relative Strength Index (RSI) to help traders identify potential buy and sell signals in the market. This indicator is designed for both novice and advanced traders who use technical analysis to make informed trading decisions.
Key Features:
• Bollinger Bands: Measures price volatility and highlights potential overbought or oversold zones.
• Relative Strength Index (RSI): Identifies momentum shifts and potential reversal points using overbought/oversold levels.
• Buy and Sell Signals: Visual markers (arrows) appear when the RSI crosses the predefined overbought/oversold levels.
• Customizable Inputs: Adjust Bollinger Bands length, RSI length, and threshold levels to suit your trading strategy.
How It Works:
• A Buy Signal is generated when the RSI crosses above the oversold level (default: 30).
• A Sell Signal is triggered when the RSI crosses below the overbought level (default: 70).
• Both signals are displayed as visual markers on the chart for easy identification.
This indicator is ideal for identifying breakouts, trend reversals, and market entry/exit points in various timeframes. Use it as part of a broader trading strategy for crypto, forex, stocks, or any other markets supported by TradingView.
Monthly, Quarterly OPEX & Vix expirations
OPEX Indicator:
The OPEX indicator is designed to provide traders with a visual representation of key options expiration dates, particularly for monthly, quarterly, and VIX options expirations. This indicator can be particularly helpful for market participants who focus on options-based strategies or those who track the impact of options expiration on price action.
The indicator overlays vertical lines and labels on the chart to highlight three key types of expiration events:
Monthly Equity and Index Expiration (OPEX): This marks the standard monthly options expiration dates for equity and index options.
Quarterly Index Expiration (Q): This indicates the quarterly expiration dates for index options, which tend to have a larger impact on the market.
Monthly VIX Expiration (VIXEX): This marks the monthly expiration of VIX options and futures, which are important for volatility traders.
How to Use the OPEX Indicator:
Expiration Dates on the Chart: The OPEX indicator marks expiration dates with vertical lines and labels that appear on the chart. These are customizable, allowing you to adjust the line and label colors to suit your preferences. The lines and labels will appear at specific times, such as the closing of the market on expiration days, allowing traders to prepare for potential volatility or other market dynamics associated with these events.
Customizable Colors and Label Positions: The indicator offers flexibility in customizing the appearance of expiration lines and labels. For each expiration type (OPEX, Quarterly, and VIXEX), you can adjust the line color, label color, and label text color. Additionally, the label text size and position can be customized (e.g., above the bar, below the bar, top or bottom of the chart). This allows for a tailored display that suits your trading style and chart layout.
Visualizing Impact of Expiration Events: Traders who track the influence of expiration events can use this indicator to spot potential market moves around expiration dates. For example, significant price swings often occur near expiration days as options traders adjust their positions. With this indicator, you can visualize these dates on your chart and analyze market behavior in the lead-up to, during, and after the expirations.
Input Options:
Expiration Types:
Monthly Equity, Index Expiration (OPEX): Turn on or off the monthly equity expiration markers.
Quarterly Index Expiration (Q): Turn on or off the quarterly expiration markers.
Monthly VIX Expiration (VIXEX): Turn on or off the VIX expiration markers.
Line and Label Customization:
Line Color: Adjust the color of the vertical lines marking the expiration events.
Label Color: Customize the color of the expiration labels.
Label Text Color: Adjust the color of the text inside the labels.
Label Position: Choose the position of the labels (e.g., top, bottom, above bar, below bar).
Use Cases:
Options Traders: Track options expiration dates to assess potential price swings or liquidity changes.
Volatility Traders: Watch for patterns around VIX options expirations.
Index Traders: Monitor quarterly expirations for potential market-moving events.
Example Use:
As a trader, you can apply this indicator to your chart and observe how price action reacts near expiration dates. For instance, on the monthly OPEX expiration day, you might notice increased volatility or an uptick in options-related price moves. By observing this trend over time, you can align your trades to capitalize on predictable movements around key expiration days.
Additionally, you may use the quarterly expiration markers to assess whether there’s typically a market shift during these periods, providing insights for long-term traders.
This indicator can be a helpful tool for preparing and managing trades around critical options expiration dates, helping to forecast potential market behavior based on historical patterns.
TradingView Community Guidelines Compliance: This script complies with TradingView's community guidelines by offering a clear and valuable function for traders, providing customizable inputs for enhanced usability. The script is focused on chart visualizations without manipulating or misrepresenting market data. It serves as an educational tool and a functional indicator, with no claims or misleading functionality. The indicator does not promote financial products or services and focuses solely on charting for better trading decision-making.
BBSetupAlokBollinger Bands and bullish and bearish engulfing setup, it helps in identifying bullish candle and bearish candle on lower and upper Bollinger band
BALA IndicatorThe BALA Indicator is a custom trading tool designed to simplify decision-making by combining multiple technical analysis strategies into one cohesive system. It provides buy and sell signals based on a combination of trend-following and momentum indicators, ensuring traders can identify optimal entry and exit points in the market.
Arco-íris v2 by Marcelo MouraArco-íris v2 by Marcelo Moura
A PRIMEIRA LINHA DEVE SER O PREÇO DO MOMENTO
# Recomendações
- Use linha no lugar de Candle-stick
- Use a cor preta na linha
# Análise dos Cruzamentos de 8 Médias Móveis ( 8 cores )
## Configuração das Médias
- MA1 (5 períodos): Vermelho, mais fina - Tendência muito curto prazo
- MA2 (10 períodos): Laranja - Tendência curto prazo
- MA3 (20 períodos): Amarelo - Tendência curto-médio prazo
- MA4 (50 períodos): Verde - Tendência média
- MA5 (100 períodos): Azul - Tendência média-longa
- MA6 (150 períodos): Índigo - Tendência longa
- MA7 (180 períodos): Violeta - Tendência muito longa
- MA8 (200 períodos): Roxo, mais grossa - Tendência super longa
## Principais Cruzamentos e Significados
### Cruzamentos de Curto Prazo
1. MA1 x MA2 (5 x 10):
- Cruzamento para cima: Sinal muito rápido de momentum positivo
- Cruzamento para baixo: Sinal muito rápido de momentum negativo
- Útil para day trade e scalping
2. MA1 x MA4 (5 x 50):
- Cruzamento para cima: Forte sinal de reversão de tendência de curto prazo para alta
- Cruzamento para baixo: Forte sinal de reversão de tendência de curto prazo para baixa
- Confirmação mais confiável que MA1 x MA2
### Cruzamentos de Médio Prazo
1. MA3 x MA5 (20 x 100):
- Cruzamento para cima: Confirmação de tendência de média duração de alta
- Cruzamento para baixo: Confirmação de tendência de média duração de baixa
- Bom para swing trade
2. MA4 x MA6 (50 x 150):
- Cruzamento para cima: Forte sinal de tendência de médio-longo prazo de alta
- Cruzamento para baixo: Forte sinal de tendência de médio-longo prazo de baixa
- Mais adequado para posições de algumas semanas
### Cruzamentos de Longo Prazo
1. MA5 x MA8 (100 x 200):
- Cruzamento para cima: Sinal muito forte de mudança de tendência de longo prazo para alta
- Cruzamento para baixo: Sinal muito forte de mudança de tendência de longo prazo para baixa
- Ideal para investimentos de longo prazo
## Estratégias de Confirmação
1. Confirmação Múltipla:
- Observe quando várias médias mais curtas cruzam simultaneamente médias mais longas
- Quanto mais cruzamentos simultâneos, mais forte o sinal
2. Alinhamento das Médias:
- Todas as médias apontando para cima: Tendência de alta muito forte
- Todas as médias apontando para baixo: Tendência de baixa muito forte
- Médias entrelaçadas: Período de consolidação ou indefinição
## Observações Importantes
1. Atrasos (Lag):
- Médias mais longas têm maior atraso
- Use médias curtas para entradas e médias longas para confirmar tendência
2. Volume:
- Cruzamentos com alto volume são mais significativos
- Baixo volume pode indicar sinais falsos
3. Falsos Sinais:
- Mais comuns em médias curtas (MA1, MA2)
- Use sempre confirmação de preço e volume
- Considere outros indicadores técnicos
Advanced Options Trading Indicator: Buy & Sell Signal Generator This powerful custom indicator combines the Relative Strength Index (RSI) and Moving Average (MA) to help traders identify optimal entry and exit points in the options market. The indicator generates real-time buy and sell signals based on RSI crossovers and price positioning relative to the moving average, providing actionable insights for traders seeking to make informed decisions. Additionally, it calculates potential call and put option strike prices with a buffer for added flexibility and precision, ensuring a well-rounded approach to options trading.
High Volatility Crypto StrategyThis strategy indicatore use for high volatile market like crypto for 1 min, 5 min and 15 min interval chart
High Volatility Crypto Strategy with Volume DivergenceHigh Volatility Crypto Strategy with Volume Divergence
BB Pivot with Adjustments
It's basically a hedging strategy, which you could apply with a box method, but in my search for simplicity, just going with the flow feels so much better. It’s the freedom you get back — your time. Let me elaborate on that: before, I used to set timers and alarms for trading on a 4-hour interval while scaling down to 1 hour to see how inter-day is going. Now, I don't need that anymore because I took a weekend out of my very chilled, laid-back, retired lifestyle just to really make something for myself. I’m now going to be sharing it with the community.
I do feel good about this indicator because, if you're into volatility and simplicity, this is the indicator for you. You can tweak the periods to fit your taste. Plus, with a bonus, it offers alerts for the red and green dots you get from a normal BBP pivot indicator. I took my idea from the original and made it my own. After two days, I’m feeling pretty confident and bossy about it.
Well, you can always hit me up in the comment section below because I’m always checking. Until I say that I’m done, I like learning how I could improve this indicator or what I can add to make it a force to be reckoned with. So, don't hesitate to shoot your suggestions my way.
Happy trading! :)
XAUUSD trend strategyXAUUSD TREND STRATEGY is a powerful trend-following indicator designed to help traders identify potential buy and sell signals in the market.
It combines the Relative Strength Index (RSI) and the Money Flow Index (MFI) to comprehensively view market momentum and strength.
Hello World ZZThis is a beginner-friendly Pine Script example for TradingView that demonstrates the basics of creating a custom indicator. The script places a "Hello World ZZ" label on the chart at the current bar's position and the closing price of that bar.
Machine Learning Price Target Prediction Signals [AlgoAlpha]Introducing the Machine Learning Price Target Predictions, a cutting-edge trading tool that leverages kernel regression to provide accurate price targets and enhance your trading strategy. This indicator combines trend-based signals with advanced machine learning techniques, offering predictive insights into potential price movements. Perfect for traders looking to make data-driven decisions with confidence.
What is Kernel Regression and How It Works
Kernel regression is a non-parametric machine learning technique that estimates the relationship between variables by weighting data points based on their similarity to a given input. The similarity is determined using a kernel function, such as the Gaussian (RBF) kernel, which assigns higher weights to closer data points and progressively lower weights to farther ones. This allows the model to make smooth and adaptive predictions, balancing recent data and historical trends.
Key Features
🎯 Predictive Price Targets : Uses kernel regression to estimate the magnitude of price movements.
📈 Dynamic Trend Analysis : Multiple trend detection methods, including EMA crossovers, Hull Moving Average, and SuperTrend.
🔧 Customizable Settings : Adjust bandwidth for kernel regression and tweak trend indicator parameters to suit your strategy.
📊 Visual Trade Levels : Displays take-profit and stop-loss levels directly on the chart with customizable colors.
📋 Performance Metrics : Real-time win rate, recommended risk-reward ratio, and training data size displayed in an on-chart table.
🔔 Alerts : Get notified for new trends, take-profit hits, and stop-loss triggers.
How to Use
🛠 Add the Indicator : Add it to your favorites and apply it to your chart. Configure the trend detection method (SuperTrend, HMA, or EMA crossover) and other parameters based on your preferences.
📊 Analyze Predictions : Observe the predicted move size, recommended risk-reward ratio, and trend direction. Use the displayed levels for trade planning.
🔔 Set Alerts : Enable alerts for trend signals, take-profit hits, or stop-loss triggers to stay informed without constant monitoring.
How It Works
The indicator calculates features such as price volatility, relative strength, and trend signals, which are stored during training periods. When a trend change is detected, the kernel regression model predicts the likely price move based on these features. Predictions are smoothed using the specified bandwidth to avoid overfitting while ensuring timely responses to feature changes. Visualized take-profit and stop-loss levels help traders optimize risk management. Real-time metrics like win rate and recommended risk-reward ratios provide actionable insights for decision-making.
VIX vs VIX3M crossingDetects crossings between VIX and VIX3M.
VIX3M crossing below the VIX-line could be an indicator of rising panic in the market.
LONG on 3min chart Bitget , Heikin Ashi candles, LogarithmicLONG on 3min chart Bitget , Heikin Ashi candles, Logarithmic
VIX vs VIX3M - TradingHoursAlertsDetects VIX vs VIX3M crossovers.
Crossovers that might happen outside rth will only be flagged if they persist into the next trading session.
