We will be using the 200 EMA for identifying the trend of the market & possible cross overs for Swing trades. Pivot points will be really useful for defining the Supports & resistance. By combining with these two strategies we can understand the markets simple & clear. No need to fill your chart with Graphical designs.
––––History & Credit
I wanted to show our community the idea that stocks that make All Time High are likely to continue making ATHs for some time. It goes contrary to the idea "buy cheap sell high". Actually, in the real market leaders the stocks that make 100+% return are just getting started on returns to few THOUSAND percent. I have used code from QuantNovad...
In this script I use a simple, not necessarily profitable, strategy of a cross of MAs to teach how to calculate and plot the PnL of each trade made by the indicator. I also show how to calculate the cumulative PnL of all trades and the Buy and Hold of the same period.
These calculations which are natively available in any strategy script, require a bit of...
Hello All,
This is an experimental work to show 10 moving averages in 3D by using linefill.new() feature of the Pine language.
You can set moving average type as Simple (SMA) or Exponential (EMA)
You can set "Starting Length" and set the "Step" to calculate other lengths. For example; if "Starting Length" is 10 and "step" is 5 then the lengths are 10, 15, 20,...
This is an Indicator specifically made for BTC/USD ( Index)
Zoom out on Daily and Weekly candles as much and you can SEE a trend . A very very important trend and you shall remember this indicator with Years to come . This is a VERY long term type indicator and can help you with long term hodling investor mindset analysis .
Multi-Timeframe Dashboard
Shows values of different Indiactors on Multiple-Timeframes for the selected script/symbol
VWAP : if LTP is trading above VWAP then Bullish else if LTP is trading below VWAP then Bearish.
ST(21,1) : if LTP is trading above Supertrend (21,1) then Bullish , else if LTP is trading below Supertrend (21,1) then Bearish.
ST(14,2) : if LTP is...
Nifty / Banknifty Dashboard :
Shows Values of different Indicators on current Timeframe for the selected Index & it's main constituents according to weightage in index.
customized for Nifty & Banknifty (You can customize it according to your needs for the markets/indexes you trade in)
Interpretation :-
VWAP : if LTP is trading above VWAP then Bullish else if...
Use for intraday proper stop losses and targets.
When the price goes above the first level wait for a signaling candle and once we have it place your stop loss just above the second level for short trade and vice versa for long trades.
This script shows the inefficiency of the markets.
Comparing two (correlated) symbols, the values above 0 means the main symbol (at the top of the graph)
outperforms the other. A value below 0 means the main symbol underperforms the other.
The band displays different entries until the last candle. Any P/L (of the band range)
is visible in the band. Example:...
TV announced that you can now pull data from Glassnode!
Here you can find every metric available to compare blockchain data from different coins.
How to use:
- Select your Coin
- Select your Metric
Then you can enable another coin or the same one to compare data.
As per TV's post:
Coins:
BTC, ETH, LTC, AAVE, ABT, AMPL, ANT, ARMOR, BADGER, BAL, BAND, BAT,...
I based my strategy on the Lagging Span 2 line in the Ichimoku Cloud. I actually designed the strategy for the DAX Germany index 3 Minutes period, but you can use it on any instrument you want. I would like to point out some points that you should pay attention to when optimizing the strategy for the instrument you want to use.
Position Take Profit and Stop Loss...
This indicator uses the concept of slopes and normalizes the values so that they are bounded between 0 and 100. The steps required to calculate the indicator are as follows:
* Calculate the slope of the price using a lookback period (by default, it is either 14 or 21). The slope is calculated by subtracting the current close price from the close price 21 (or 14)...
There is a wide range of opinion on holding positions overnight due to gap risk. So, out of curiosity, I coded this analysis as a strategy to see what the result of only holding a position overnight on an asset would be. The results really surprised me. The script backtests 10+ years, and here are the findings:
Holding a position for 1 hour bar overnight on...
This indicator based on statistical analysis. it uses standard deviation and its co-relation to price action to generate signals. and following indicators has been used to calculate standard deviation and its co-relation values. finally it is capable to identify market changes in bottoms to pic most suitable points.
1. Parabolic SAR (parabolic stop and reverse)...
![MSFT: [TTI] All-time-high (ATH), (ATL), 52 week high and low Dots](https://s3.tradingview.com/t/TgjrnS39_mid.png "[TTI] All-time-high (ATH), (ATL), 52 week high and low Dots")
