Price Change HistoryDisplay a histogram of price changes over a given interval. Show change as a percentage or in dollar amount. Highlight changes that exceed a particular value.
[i]price
Percent change bar chart Strategy This histogram displays price or % change from previous bar.
WARNING:
- This script to change bars colors.
Modified Price-Volume Trend Strategy The related article is copyrighted material from
Stocks & Commodities.
Strategy by HPotter.
WARNING:
- This script to change bars colors.
Babypips: Inside Bar Momentum StrategyThe strategy contained in this post comes courtesy of babypips (.com), an excellent resource for all thing forex related. If you are new to trading, the site is definitely worth checking out!
Code commentary and an introduction to Inside Bars are available for this post on the Backtest-Rookies (.com) website.
Note: If you are interested in custom development services, please check out our services page on the Backtest-Rookies site.
Strategy Overview
Inside Bar Momentum Strategy.
Inside Bar Detection
Position sizing based on stoploss distance ( Note: Based on equity and assumes that the account currency is the counter currency.
Stop buys for entries
Takeprofit / Stoplosses for exits
Control Stopbuy, Takeprofit and Stoploss targets with inputs
Control Backtest start/end dates
Double Inside Bar FinderHighlights in blue when an inside bar follows an inside bar. Double inside bars (when used on the daily timeframe) are a way of easily finding equilibrium patterns (i.e. pennant shaped price action) on lower time frames. There is usually a strong move in whatever direction these patterns break, so good to have alerts set up for your favourite markets.
Stupid strategyStrategy with simple stop-loss and take-profit in percentage. If last trade was a successful one then repeat it. If not successful - do a reversal trade.
Mayer Multiple(Buffet's Secret)It's just the 200 day moving average / divided by the price. Shows you where Buffet would buy and sell at.
Explosive PotentialThis script looks at times where MACD is within a specified range (very close to 0 values) and price action is very constrained (under 2%). Historically price has made a strong move after these conditions.
I typically run this on an 8H timeframe.
Review on BTCUSD and other cryptos.
BTC World Price: Multi-Exchange VWAPBTC World Price: Multi-Exchange VWAP
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WHAT IT DOES
What you see above are not Bitmex candles, but this indicator's.
Bitcoin is listed on multiple exchanges. Many people have called for a single global index that would quote BTC price and volume across all exchanges: this script is such a virtual aggregate (formerly: Multi-Listed , Volume-Weighted Average Price ).
It will, independently for each tick, for any time-frame:
- Quote the price (O, H, L, C) and volume from Bitfinex (USD), Binance (USDT), bitFlyer (Yen), Bithumb (S. Korean Won), Coinbase (USD), Kraken (EUR) and even Bitmex (USD Contracts).
- Weight each price with the corresponding volume of the exchange.
- Quote the FOREX conversion rate in USD for each currency (USDJPY etc.)
- Finally return global average price (candles) in USD.
- Additionally provide (H+L)/2 etc. values.
No more "on Coinbase this" or "on Bitstamp that", you've now got a global overview!
See CoinMarketCap: Markets for reference. I've included alternative exchanges in the comments at the top of the script.
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HOW TO USE IT
Basically just add it to your chart and use the indicator's candles instead of the chart's main ticker.
By default, BTC World Price will display candles only, but you can also display OHLC & averages (in whichever style you want).
You may indeed want to hide the main symbol (top-left corner, click the 'eye' button next to its name), or switch it to something else than candles/bars (e.g. line).
Make sure "Scale Price Chart Only" is disabled if you want to use the auto-zoom feature. (if other indicators are messing your zoom, you can try to select "Line with Breaks" or "Area with Breaks" to allow these to overflow from the main window)
By clicking the triangle next to the indicator's name, you can select "Visual Order" (e.g "Bring to Front").
You can select regular Candles or Heikin-Ashi in Options.
In the Format > Inputs tab, you can select which exchanges to quote. By default, all of them are enabled.
The script also exposes the following typical values to the backend, which you can use as Price Source for other indicators: (e.g. MA, RSI, in their "Format > Input" tab)
Open Price (grey)
High Price (green)
Low Price (red)
Close Price (white)
(H + L)/2 (light blue)
(H + L + C)/3 (blue)
(O + H + L + C)/4 (purple)
They are all hidden by default (by means of maximum transparency).
In the Format > Style tab, you can change their color, transparency and style (line, area, etc), as well as uncheck Candles and Wicks to hide these.
If you are using "Indicator Last Value" and want to clear the clutter from all these values, simply uncheck them in Style. They will still be available as Price Source for other indicators.
You can also choose to scale it to the left, right (default) or "screen" (no scaling).
Once you're satisfied with your Style, you may click "Default"> "Save as default" in the botton-left. Everytime you load the indicator, it will look the same. ("Reset Settings" will reset to the script's defaults)
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Please leave feedback below in comments or pm me directly for bugs and suggestions.
Multiplier ChartI am proposing an alternative to the percent change.
An alternative that is symmetrical to both positive and negative change, unlike percentage change.
The simple idea is to have a positive number if the reference value (called val in the script) is lower than the stock value and needs to be multiplied;
a negative number instead if the reference number is higher than the stock value, so the reference value needs to be divided.
Multiplying all by 100 to give clearer and more readable results, the Multiplier would have a huge gap between +100 and -100, because a stock multiplied by 1 or divided by 1 are the same thing.
So we need to compromise and move all positive numbers down by 100 and all negative numbers up by 100. This actually gives a similar result to percentage change, and it is actually identical in the positive range.
The fundamental difference lies on the negative range, which is completely symmetrical. So if a stock goes up 100 points one day (doubles), and the next it goes down another 100 points (halves), at the end of the second day the stock has the same value as it had at the beginning of the first day! On percentage change it would be +100% the first day and -50% the second.
We mustn't undervalue the human tendency to compare a 1% change to a -1% change, but they do not mean the same even if they seem to indicate so.
A clear example of this can be found on CMC 0.60% -3.56% -3.56% (CoinMarketCap), in which each day are shown the best and worst performing coins of the day. So you might see a +900% there in the top performing, but you'll never see a -900%, because percentage change cannot go further than -100%. It is a fundamentally asymmetric scale that can confuse people a lot especially in those fast moving new markets.ù
I am welcome to feedback and all kinds of opinions and critics.
Some interesting things to note: you can use it as a percentage change indicator or as a different perspective to a stock chart. In fact, it lets you see how big of a difference it made buying coins when they were very cheap, because when they are cheap a difference of what it might seem nothing is amplified by all the gains that the stock/coin made after. So, looking at coins charts using this indicator shows how "not flat" were the early days, which in a normal chart are flattened to 0.
Support and ResistanceThis script uses pivot point calculations to determine support and resistance areas.
BTC Price Spread - Coinbase & Futs - Premiums & DiscountsThis indicator takes the price of Bitcoin on Coinbase and the futures price on Mex, and compares it the average price of Bitcoin across other major exchanges.
This essentials give us a spread at which Bitcoin is going for.
In turn, this could be a possible tool to help determine market sentiment.
This indicator was created for experimental purposes.
Use at your own digression.
52 Week High/Low52 Week High / Low Indicator
A simple, unobtrusive indicator that can be used on any timeframe to display the 52 week high/low values.
Features
Works on any timeframe.
Unobtrusive: Simple horizontal lines showing only the current 52 week values.
Allows the user to select whether to calculate the 52-week values from candle close values or the respective highs/lows.
For full overview and code commentary - Visit the backtest-rookies website.
Mayer MultipleFollowing Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.
Mayer Multiple Buy PriceFollowing Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the recommended buy price based on the calculated 2.4x ratio between bitcoin price and its 200-day moving average. The ratio and SMA length have default values of 2.4 and 200 and can be adjusted.
CVROC - Close Volume Rate Of ChangeIndicator designed for cryptotraders to understand whether if the price change is supported by the volume or not
deafult value os SMA of volume is 21 periods
which can be optimized by the user
Price relation viewer - add percent change of two symbols (BETA)This script is very much beta!
This is a simple script to visualize how two symbols move in relation to each other. For example if the underlying symbol is a 2x Gold ETF (meaning the ticker moves at 2x the spot price of gold---if gold goes up 3% this ticker should go up 6%) and the comparison symbol is an 2x inverse gold ETF (at gold up 3% this should move down 6%). If these ETFs were 100% accurate at tracking the price of gold then this tool would report a value of zero at all times.
Day 1
Ticker - $10
Comparison - $10
Day 2
Ticker - $12
Comp - $11
This tool value - |20%| + -|10%| = 10%
It uses a short simple moving average to smooth things out a bit (see inputs). It is important to keep your axis scale in mind when using this! Two symbols that are always near zero mean they are offsetting each other very well but the value displayed might range from 0 to 0.005, but the graphed area can make it look extreme if autoscaled.
This is a tool with very specific uses : comparing how one digital currency moves in relation to bitcoin's price, comparing how gold moves in relation to silver, etc.
Dav-o meter (public)I decided to make this formerly invite only script public (you can find the invite only version here
If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well.
I would love to know your ideas and thoughts on how this indicator can be improved, so feel free to give any feedback.
Remember to give it a thumbs up if you like it.
CandleCheckThis indicator is intended to evaluate the quality of the bullish candles (close > open).
It will calculate the average size of the bullish candles from the last 200 periods. I'm assuming that a bullish candle with a superior wick or shadow equal or less than 25% of the total size of the bar is a good disruption candle. You can adjust at your own taste.
Candles with a size above the average and a superior wick or shadow equal or less than 25% of the total size of the bar will be painted lime. These are "good" candles.
Candles with a superior wick or shadow equal or less than 25% of the total size of the bar but with a size below the average will be painted green. These are "OK" candles.
Candles with a size above the average but a superior wick or shadow above than 25% of the total size of the bar will be painted fuchsia. These are "bad" candles.
Candles with a size below the average and a superior wick or shadow above than 25% of the total size of the bar will be left alone. These are "worse" candles.
"bad" and "worse" candles will be marked with a lime cross at the exact spot where price should reach to turn these candles to "OK" or "good". That value will be indicated at the indicator header.
"OK" or "good" candles should have a volume above the average.