First of all the biggest thanks to @tista and @KivancOzbilgic for publishing their open source public indicators Bayesian BBSMA + nQQE Oscillator. And a mighty round of applause for @MarkBench for once again being my superhero pinescript guy that puts these awesome combination Ideas and ES stradegies in my head together. Now let me go ahead and explain what we...
This is my "Exotic SMA Explorations Treasure Trove" intended for educational purposes, yet these functions will also have utility in special applications with other algorithms. Firstly, the Pine built-in sma() is exceedingly more efficient computationally on TV servers than these functions will be. I just wanted to make that very crystal clear. My notes elaborate...
This is a version 3 of my mod of the script by alexgrover - Efficient Trend Step. The logic is based on calculation of Kaufman's efficiency ratio (ER): ER = Direction / Volatility where: Direction = ABS (Close – Close ) Volatility = n ∑(ABS(Close – Close )) n = The efficiency ratio period. This version features volatility and volume filter and custom...
Day trading trend filter indicator designed to hep get better entries or exits based on historical opens and closes each hour. This indicator is NOT designed as an entry or exit signal. The purpose behind it is to give you statistical information about how likely certain times of day are either bullish, bearish or neutral and use that to confirm or reject other...
Simple indicator designed as filter so you can easily see how the currency or asset performed during each month historically. Can used to identify a possible month to enter or exit a trade in. For best results use in combination with another indicator or candle pattern to signal an entry in a historically bullish month *This indicator is designed to be used only...
This is an alternative way to do bandpass filtering. I Still need to update it to support moveable frequency bands. The lowBandpass() is just a 'trick,' as it simply subtracts the highBandpass() from the close data, so it is not really accurate in that it removes the low frequencies, just in a rather less-than-ideal manner. The "spectrum" of the dataset to...
This is a very special indicator which uses a series of double filtering methods to filter out bad price data. Each filter uses a very complex mathematical formula to obtain the data, based on the Wave Function, then applies initial signal filtering on the output. The output of each filter is then compared to each other, and the output of this stage goes through...
™TradeChartist Volatility Trader is a Price Volatility based Trend indicator that uses simple to visualize Volatility steps and a Volatility Ribbon to trade volatility breakouts and price action based on lookback length. =================================================================================================================== Features of...
™TradeChartist Donchian Channels Breakout Strategy is the strategy backtester version of ™TradeChartist Donchian Channels Breakout Filter . =================================================================================================================== Features of ™TradeChartist Donchian Channels Breakout Strategy...
™TradeChartist Donchian Channels Breakout Filter is an elegant version of the classic Donchian Channels with few extra variations and option to filter breakouts based on user preferred Breakout price selection to generate Trade Entries. =================================================================================================================== Features...
™TradeChartist Simple Bollinger Bands Toolkit is a useful set of Bollinger Bands based utilities, which includes 0 mean %B Oscillator , price volatility based BB Width , actual Bollinger Bands and BB Breakout Signals . =================================================================================================================== ™TradeChartist Simple...
™TradeChartist Tracker Lite is the lite version of ™TradeChartist Tracker and it is an essential real-time multi Indicator tracking toolkit that can be plotted as a standalone Indicator plot and/or a multi symbol tracker/screener for upto 5 different symbols . The indicators included in the tracker are Stochastic Oscillator, RSI , CCI , 10 different Moving...
™TradeChartist Simple Stochastic Spotter is an elegant version of the classic Stochastic indicator and helps spot price trends using visually engaging and appealing Stochastic plot and background. The Bull and the Bear background fills are highly useful for traders who like to visually understand areas of entry and exit based on Stochastic...
One of the strategy inspired by John F. Carter in his book - Mastering the trade. The idea is simple, once the price cross the fast MA (open trade), it will most likely approach the slow MA (close trade). I added an optional filter, which you can turn on to only open position when the distance between the 2 MA is higher or equal than a minimum % that you indicate....
Today I propose a simple but an effective tool to use as a trend identifier. It is simple because it doesn't require user to tinker with it and it works on all scripts and all time frames. It is effective because it's based on what I believe to be the most used ma's by the traders who are successful and usually trade with large qty. So, what's under the...
™TradeChartist Plotter is an extremely useful and adaptive indicator that connects to any oscillator to plot highs and lows, Divergences and also Bull and Bear Zones based on the Oscillator and user input to filter zones. When plotted as normal or Heikin Ashi price bars/candles, the divergences can be plotted on price bars and in addition ™TradeChartist MA...
™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗗𝗿𝗶𝗳𝘁𝗲𝗿 is an adeptly designed, functional and a visual indicator that plots trend-following Support and Resistance walls by employing the concepts of Trend-based Support and Resistance, Momentum and Volatility, based on user defined lookback length, and includes three extremely useful Visualizers - Drift Bands Visualizer , Drift Strength...
™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗥𝗶𝘀𝗸 𝗠𝗲𝘁𝗲𝗿 is a very useful and a well designed indicator, that packs a range of Risk utility tools including Trend Based Stochastic Oscillator, Bollinger Bands %B , Volatility Risk Oscillator, RSI Oscillator and RSI Risk Oscillator, along with further visual risk assessment tools like Divergence Spotter, Trend based Strength detector among other...