WSTF RSI2 IndicatorThis is the Indicator replicating the basic RSI(2) created by Wilders.
Buy condition:
(RSI(2) crossed under 10) & (close > EMA(200)) & (EMA(5) > close)
Sell condition:
(RSI(2) crossed over 90) & (close < EMA(200)) & (EMA(5) < close)
You can play around with the script by adjusting the RSI Values, EMA values and crossover & crossunder threshold.
We will update the script with new features in the futures.
Please don't hesitate to share some Ideas or Feedbacks, we would be happy to improve the script for you !
Have fun !
WS TradingFactory
Zbieżność/Rozbieżność Średnich Ruchomych (MACD)
Probability Density Function based MA MACD [Loxx]Probability Density Function based MA MACD is a MACD indicator using a type of weighted moving average.
What is Probability Density Function based MA MACD?
Probability density function based MA is a sort of weighted moving average that uses probability density function to calculate the weights.
Included:
-Toggle on/off bar coloring
Short Swing Bearish MACD Cross (By Coinrule)This strategy is oriented towards shorting during downside moves, whilst ensuring the asset is trading in a higher timeframe downtrend, and exiting after further downside.
This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to hodl this cash, or use it to reinvest when the market reaches attractive buying levels. Alternatively, you can use this when trading contracts on futures markets where there is no need to already own the underlying asset prior to shorting it.
ENTRY
This script utilises the MACD indicator accompanied by the Exponential Moving Average (EMA) 450 to enter trades. The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 11-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9.
The EMA 450 is used as additional confirmation to prevent the script from shorting when price is above this long-term moving average. Once price is above the EMA 450 the script will not open any shorts - preventing the rule from attempting to short uptrends. Due to this, this strategy is ideal for setting and forgetting.
The script will enter trades based on two conditions:
1) When the MACD signals a bearish cross. This occurs when the EMA 11 crosses below the EMA 26 within the MACD signalling the start of a potential downtrend.
2) Price has closed below the EMA 450. Price closing below this long-term EMA signals that the asset is in a sustained downtrend. Price breaking above this could indicate a bullish strength in which shorting would not be profitable.
EXIT
This script utilises a set take-profit and stop-loss from the entry of the trade. The take profit is set at 8% and the stop loss of 4%, providing a risk reward ratio of 2. This indicates the script will be profitable if it has a win ratio greater than 33%.
Take-Profit Exit: -8% price decrease from entry price.
OR
Stop-Loss Exit: +4% price increase from entry price.
Based on backtesting results across a selection of assets, the 45-minute and 1-hour timeframes are the best for this strategy.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
The backtesting data was recorded from December 1st 2021, just as the market was beginning its downtrend. We therefore recommend analysing the market conditions prior to utilising this strategy as it operates best on weak coins during downtrends and bearish conditions, however the EMA 450 condition should mitigate entries during bullish market conditions.
MACD XDThis indicator is based on the classic MACD indicator, and with the following additional features:
1. Another set of MACD and signal lines (green and orange) is added for analyzing a bigger trend in a higher time frame. The default set of MACD and signal lines (red and blue) are used for the smaller trend (current time frame).
2. Small upward and downward triangles are added to mark the golden and death crosses of MACD and signal lines: Blue and red triangles (buy and sell signals) - golden and death crosses of MACD and signal lines for the smaller trend (current time frame), green and orange triangles (buy and sell signals) - golden and death crosses of MACD and signal lines for the bigger trend (a higher time frame).
3. The total areas of histograms above and below the MACD zero axis are calculated and shown by the numbers next to the histogram. This information can be used to analyze the top and bottom divergences of the smaller trend (current time frame).
4. A line connecting peaks of adjacent positive or negative histograms is drawn when top and bottom divergences occur, which indicates a potential trend reversal.
This indicator can be used in the following way: after a golden cross occurs in the bigger trend (green arrow), a death cross in the smaller trend (red arrow) may lead to a potential long entry at the pull back of the bigger up trend; after a death cross occurs in the bigger trend (orange arrow), a golden cross in the smaller trend (blue arrow) may lead to a potential short entry at the pull back of the bigger down trend. Note that in general, golden crosses occur when MACD and signal lines are above the zero axis means a higher high will be made, and death crosses occur when MACD and signal lines are below the zero axis means a lower low will be made. On the contrary, golden crosses occurring below the zero axis or death crosses occurring above the zero axis may only lead to a potential pull back in a trend.
本指标基于经典的MACD指标,适合与缠论指标结合使用:
1. 加入第二组MACD线和信号线,适用于辅助判断缠论中的线段背离。
2. 加入计算直方图(红绿柱子)面积的部分,有助于判断缠论中的笔背离。
3. 标注出两组MACD线与信号线的金叉死叉,以及用特殊颜色表示零轴上方金叉和零轴下方死叉的情况。
4. 用直线标注出顶底背离发生的情况,利于准确分辨和判断。
Disclosure of 'MACD-Total' indicator (MACD-T)hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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A trend indicator has been added to the previously published MACD-Price indicator.
The added MS-Signal indicator is an indicator for viewing the trend and the strength of the trend.
Trading with a trend line is not easy.
Therefore, various MA lines or slanted lines drawn on the chart are used to see the flow of the chart.
Therefore, it is not recommended to trade with the added MS-Signal indicator as support and resistance points.
A trade requires support and resistance points.
To mark support and resistance points, you need a point or section on the horizontal line.
Therefore, it is necessary to utilize the 'Buy/Sell' indicator corresponding to the previously disclosed MACD-Price indicator.
(1W chart)
The long horizontal point of the 'Buy/Sell' indicator serves as support and resistance.
It is possible to check in which section the trend reversal has changed by displaying the MS-Signal indicator.
(1D chart)
A move has emerged to show a reversal of the trend by breaking above the MS-Signal indicator.
Therefore, the MS-Signal indicator is about to change from a downtrend to an uptrend.
I numbered the horizontal line of the 'Buy/Sell' indicator.
The length is different in the order of No. 2 > No. 1 > No. 3.
Since horizontal line 2 is the longest, it indicates that support and resistance play the greatest role.
If you check the support at the first horizontal point, it can be interpreted that there is a high possibility of receiving resistance at the second horizontal point.
However, if you find support at the 2nd horizontal point, you can see that it will go up significantly with 3rd position.
Trading with indicators allows you to make quick choices and decisions.
However, more important than the use of indicators is your own trading strategy.
in other words,
- How much investment will you proceed with the purchase?
- How to proceed with installment purchases
- At what point will the Stop Loss be done?
- How long will the investment period be?
- Is it a long-term investment or a short-term investment?
As listed above, the most important trading strategy for trading should be established.
When conducting a trade, ignoring the above list and thinking about where to buy and where to sell is like sailing in the dark.
We disclose the indicators in the hope that it will become a faster and more objective indicator for trading with the trading strategy you have established.
thank you
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Joel on Crypto - MACD ScalpingJoel on Crypto - MACD Scalping
This is a Scalping indicator primarily intended for the 5 minute time frame.
It is based on the Crypto Scalping YouTuber Joel on Crypto's popular 5 minute scalping strategy and this is the indicator he personally use when Scalping.
This is a Multi-timeframe indicator where if you use it on the 5 minute time frame, the MACD Histogram bars will be based on the 1 minute timeframe.
The purpose of this indicator is not to trade it like a bot. The purpose is to grab the traders attention a time where there COULD be a scalping opportunity.
Use this indicator at your own risk.
Adaptive, Jurik-Filtered, JMA/DWMA MACD [Loxx]Adaptive, Jurik-Filtered, JMA/DWMA MACD is MACD oscillator with a twist. The traditional calculation of MACD is the between two EMAs of price. This traditional approach yields a very noisy and lagged signal. To solve this problem, JMA/DWMA MACD uses the difference between adaptive Juirk-Filtered price and adaptive DWMA to yield a marked improvement over traditional MACD.
What is JMA / DWMA oscillator (MACD)?
Of all the different combinations of moving average filters to use for a MACD oscillator, we prefer using the JMA - DWMA combination.
JMA is ideal for the fast moving average line because it is quick to respond to reversals, is smooth and can be set to have no overshoot. DWMA (double weighted moving average) is ideal for the slower line as is tends to delay reversing direction until JMA crosses it.
What is Jurik Volty used in the Juirk Filter?
One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive.
What is the Jurik Moving Average?
Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines.
Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun.
What is an adaptive cycle, and what is Ehlers Autocorrelation Periodogram Algorithm?
From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 135:
"Adaptive filters can have several different meanings. For example, Perry Kaufman’s adaptive moving average ( KAMA ) and Tushar Chande’s variable index dynamic average ( VIDYA ) adapt to changes in volatility . By definition, these filters are reactive to price changes, and therefore they close the barn door after the horse is gone.The adaptive filters discussed in this chapter are the familiar Stochastic , relative strength index ( RSI ), commodity channel index ( CCI ), and band-pass filter.The key parameter in each case is the look-back period used to calculate the indicator. This look-back period is commonly a fixed value. However, since the measured cycle period is changing, it makes sense to adapt these indicators to the measured cycle period. When tradable market cycles are observed, they tend to persist for a short while.Therefore, by tuning the indicators to the measure cycle period they are optimized for current conditions and can even have predictive characteristics.
The dominant cycle period is measured using the Autocorrelation Periodogram Algorithm. That dominant cycle dynamically sets the look-back period for the indicators. I employ my own streamlined computation for the indicators that provide smoother and easier to interpret outputs than traditional methods. Further, the indicator codes have been modified to remove the effects of spectral dilation.This basically creates a whole new set of indicators for your trading arsenal."
Included
- Toggle on/off bar coloring
Adaptive Jurik Filter MACD [Loxx]Adaptive Jurik Filter MACD uses Jurik Volty and Adaptive Double Jurik Filter Moving Average (AJFMA) to derive Jurik Filter smoothed volatility.
What is MACD?
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line. Moving average convergence divergence (MACD) indicators can be interpreted in several ways, but the more common methods are crossovers, divergences, and rapid rises/falls.
What is Jurik Volty?
One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive.
What is the Jurik Moving Average?
Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines.
Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun.
That's why investors, banks and institutions worldwide ask for the Jurik Research Moving Average ( JMA ). You may apply it just as you would any other popular moving average. However, JMA's improved timing and smoothness will astound you.
What is adaptive Jurik volatility?
One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive.
What is an adaptive cycle, and what is Ehlers Autocorrelation Periodogram Algorithm?
From his Ehlers' book Cycle Analytics for Traders Advanced Technical Trading Concepts by John F. Ehlers , 2013, page 135:
"Adaptive filters can have several different meanings. For example, Perry Kaufman’s adaptive moving average ( KAMA ) and Tushar Chande’s variable index dynamic average ( VIDYA ) adapt to changes in volatility . By definition, these filters are reactive to price changes, and therefore they close the barn door after the horse is gone.The adaptive filters discussed in this chapter are the familiar Stochastic , relative strength index ( RSI ), commodity channel index ( CCI ), and band-pass filter.The key parameter in each case is the look-back period used to calculate the indicator. This look-back period is commonly a fixed value. However, since the measured cycle period is changing, it makes sense to adapt these indicators to the measured cycle period. When tradable market cycles are observed, they tend to persist for a short while.Therefore, by tuning the indicators to the measure cycle period they are optimized for current conditions and can even have predictive characteristics.
The dominant cycle period is measured using the Autocorrelation Periodogram Algorithm. That dominant cycle dynamically sets the look-back period for the indicators. I employ my own streamlined computation for the indicators that provide smoother and easier to interpret outputs than traditional methods. Further, the indicator codes have been modified to remove the effects of spectral dilation.This basically creates a whole new set of indicators for your trading arsenal."
Included
- Change colors of oscillators and bars
5 min scalp macd5 min scalp macd, 5 min scalp macd, 5 min scalp macd, 5 min scalp macd, 5 min scalp macd, 5 min scalp macd, 5 min scalp macd, 5 min scalp macd
SPX Scalping StrategyThis strategy points out good entries and exits to go with the direction of SPY
Used with:
Ticker: SPX 500 USD
Heiken Ashi Candles
1, 3, 5 min timeframe
MACD Indicator for 5 Min ScalpThis Indicator merges the 1 min MACD with BollingerBands to dedect a bigger than avarage tick on the Macd for the 5 min Scalping Strategy
You can change the length of the bollinger bands for the upper and lower channel individually so that you can get better signals
if a tick is bigger than avarage it will be colored, else it would be gray
this is the same indicator i used to get entrys in my 5 min scalping statagy, but i wouldnt just go in a trade when there is a bigger than usual tick. You have to look at other things to
RSX of Double MACD [Loxx]RSX of Double MACD is a specialized version of the classic MACD. Normally the MACD calculation ends with the difference between fast/slow EMAs, this version of MACD takes the calculation one step further by passing the MACD signal into an RSX RSI function to derive a smoother MACD bound from 0 to 100.
What is MACD?
Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average ( EMA ) from the 12-period EMA.
What is RSX?
RSI is a very popular technical indicator, because it takes into consideration market speed, direction and trend uniformity. However, the its widely criticized drawback is its noisy (jittery) appearance. The Jurk RSX retains all the useful features of RSI , but with one important exception: the noise is gone with no added lag.
Included
-Customizable inputs and boundaries
Parabolic SAR MARSI, Adaptive MACD [Loxx]Parabolic SAR MARSI, Adaptive MACD is a trend following indicator that combines MACD, Parabolic SAR, and RSI into a signal indicator.
What is Parabolic SAR?
The parabolic stop and reverse, more commonly known as the "Parabolic SAR," or "PSAR" is a trend-following indicator developed by J. Welles Wilder. It is displayed as a single parabolic line (or dots) underneath the price bars in an uptrend, and above the price bars in a downtrend.
What is MACD?
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
What is RSI?
The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. The indicator was originally developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, “New Concepts in Technical Trading Systems.”
How to combine PSAR, MACD, and RSI into one:
1. Create a new type of moving average called MARSI. MARSI is like a typical moving average but it flexes to RSI sensitivities
2. Calculate MACD for the MARSI of High/Low values
3. Calculate the midpoint MACD between the High/Low MACDs created in step 2
4. Create a final MACD by calculating the MARSI for the midpoint MACD created in step 3
5. Finally, Inject these values into a customized Parabolic SAR function
Results:
-A unique spin on three different indicators that identifies trends of both RSI, MACD, and price of the underlying asset
-Entry, exit, and reversal points in price, RSI, and MACD
-A MACD that adapts to RSI
What's Included?
-Customization of all variables
-A variety of moving averages to smooth the signal line
-Customizable colors
-Alerts for MACD zero-line and signal crosses, and PSAR trend direction changes
Things to know:
-The histogram in this indicator is NOT the normal histogram found in the classic MACD indicator. The histogram here is a histogram of MACD itself. The classic histogram has questionable utility but the histogram in this indicator is very important and useful
-Parabolic SAR is calculated on the MARSI of High/Low values
Future releases:
-Divergences
-Regular, continuation, and exit signals
Happy trading!
Adaptive, Zero lag Schaff Trend Cycle [Loxx]TASC's March 2008 edition Traders' Tips includes an article by John Ehlers titled "Measuring Cycle Periods," and describes the use of bandpass filters to estimate the length, in bars, of the currently dominant price cycle.
What are Dominant Cycles and Why should we use them?
Even the most casual chart reader will be able to spot times when the market is cycling and other times when longer-term trends are in play. Cycling markets are ideal for swing trading however attempting to “trade the swing” in a trending market can be a recipe for disaster. Similarly, applying trend trading techniques during a cycling market can equally wreak havoc in your account. Cycle or trend modes can readily be identified in hindsight. But it would be useful to have an objective scientific approach to guide you as to the current market mode.
There are a number of tools already available to differentiate between cycle and trend modes. For example, measuring the trend slope over the cycle period to the amplitude of the cyclic swing is one possibility.
We begin by thinking of cycle mode in terms of frequency or its inverse, periodicity. Since the markets are fractal ; daily, weekly, and intraday charts are pretty much indistinguishable when time scales are removed. Thus it is useful to think of the cycle period in terms of its bar count. For example, a 20 bar cycle using daily data corresponds to a cycle period of approximately one month.
When viewed as a waveform, slow-varying price trends constitute the waveform's low frequency components and day-to-day fluctuations (noise) constitute the high frequency components. The objective in cycle mode is to filter out the unwanted components--both low frequency trends and the high frequency noise--and retain only the range of frequencies over the desired swing period. A filter for doing this is called a bandpass filter and the range of frequencies passed is the filter's bandwidth.
Indicator Features
-Zero lag or Regular Schaff Trend Cycle calculation
- Fixed or Band-pass Dominant Cycle for Schaff Trend Cycle MA period inputs
-10 different moving average options for Zero lag calculations
-Separate Band-pass Dominant Cycle calculations for both Schaff Trend Cycle and MA calculations
- Slow-to-Fast Band-pass Dominant Cycle input to tweak the ratio of Schaff Trend Cycle MA input periods as they relate to each other
Hybrid, Zero lag, Adaptive cycle MACD [Loxx]TASC's March 2008 edition Traders' Tips includes an article by John Ehlers titled "Measuring Cycle Periods," and describes the use of bandpass filters to estimate the length, in bars, of the currently dominant price cycle.
What are Dominant Cycles and Why should we use them?
Even the most casual chart reader will be able to spot times when the market is cycling and other times when longer-term trends are in play. Cycling markets are ideal for swing trading however attempting to “trade the swing” in a trending market can be a recipe for disaster. Similarly, applying trend trading techniques during a cycling market can equally wreak havoc in your account. Cycle or trend modes can readily be identified in hindsight. But it would be useful to have an objective scientific approach to guide you as to the current market mode.
There are a number of tools already available to differentiate between cycle and trend modes. For example, measuring the trend slope over the cycle period to the amplitude of the cyclic swing is one possibility.
We begin by thinking of cycle mode in terms of frequency or its inverse, periodicity. Since the markets are fractal; daily, weekly, and intraday charts are pretty much indistinguishable when time scales are removed. Thus it is useful to think of the cycle period in terms of its bar count. For example, a 20 bar cycle using daily data corresponds to a cycle period of approximately one month.
When viewed as a waveform, slow-varying price trends constitute the waveform's low frequency components and day-to-day fluctuations (noise) constitute the high frequency components. The objective in cycle mode is to filter out the unwanted components--both low frequency trends and the high frequency noise--and retain only the range of frequencies over the desired swing period. A filter for doing this is called a bandpass filter and the range of frequencies passed is the filter's bandwidth .
Indicator Features
-Zero lag or Regular MACD/signal calculation
- Fixed or Band-pass Dominant Cycle for MACD and Signal MA period inputs
-10 different moving average options for both MACD and Signal MA calculations
-Separate Band-pass Dominant Cycle calculations for both MACD and Signal MA calculations
- Slow-to-Fast Band-pass Dominant Cycle input to tweak the ratio of MACD MA input periods as they relate to each other
5 Minute Scalping StrategyTaking entrys based on the 1 minute timeframe MACD
only taking longs when all emas are in the correct order and there is a bigger than usual MACD downtick and the RSI is above 51
only taking shorts when all emas are in the opposite order and there is a bigger than usual uptick on the MACD and the RSI is bellow 49
bigger than usual ticks are defined by bollinger bands around the Macd and the ticks have to be higher than 35 and lower than -10
you can change whatever setting you like to make the strategy more profitible. pls share when you find a more profitible setting than me
the stoploss doesnt work correct if it would be hit in the same candle you enter the trade. pls share when you have a solution for this
the stratagy is profitible when i backtested it for the last month, but i dont know how it will play out in the future, so you enter the signals at your own risk
Customizable Non-Repainting HTF MACD MFI Scalper Bot StrategyThis script was originally shared by Wunderbit as a free open source script for the community to work with.
WHAT THIS SCRIPT DOES:
It is intended for use on an algorithmic bot trading platform but can be used for scalping and manual trading.
This strategy is based on the trend-following momentum indicator . It includes the Money Flow index as an additional point for entry.
HOW IT DOES IT:
It uses a combination of MACD and MFI indicators to create entry signals. Parameters for each indicator have been surfaced for user configurability.
Take profits are fixed, but stop loss uses ATR configuration to minimize losses and close profitably.
HOW IS MY VERSION ORIGINAL:
I started trying to deploy this script myself in my algorithmic trading but ran into some issues which I have tried to address in this version.
Delayed Signals : The script has been refactored to use a time frame drop down. The higher time frame can be run on a faster chart (recommended on one minute chart for fastest signal confirmation and relay to algotrading platform.)
Repainting Issues : All indicators have been recoded to use the security function that checks to see if the current calculation is in realtime, if it is, then it uses the previous bar for calculation. If you are still experiencing repainting issues based on intended (or non intended use), please provide a report with screenshot and explanation so I can try to address.
Filtering : I have added to additional filters an ABOVE EMA Filter and a BELOW RSI Filter (both can be turned on and off)
Customizable Long and Close Messages : This allows someone to use the script for algorithmic trading without having to alter code. It also means you can use one indicator for all of your different alterts required for your bots.
HOW TO USE IT:
It is intended to be used in the 5-30 minute time frames, but you might be able to get a good configuration for higher time frames. I welcome feedback from other users on what they have found.
Find a pair with high volatility (example KUCOIN:ETH3LUSDT ) - I have found it works particularly well with 3L and 3S tokens for crypto. although it the limitation is that confrigurations I have found to work typically have low R/R ratio, but very high win rate and profit factor.
Ideally set one minute chart for bots, but you can use other charts for manual trading. The signal will be delayed by one bar but I have found configurations that still test well.
Select a time frame in configuration for your indicator calculations.
Select the strategy config for time frame. I like to use 5 and 15 minutes for scalping scenarios, but I am interested in hearing back from other community memebers.
Optimize your indicator without filters (trendFilter and RSI Filter)
Use the TrendFilter and RSI Filter to further refine your signals for entry. You will get less entries but you can increase your win ratio.
I will add screenshots and possibly a video provided that it passes community standards.
Limitations: this works rather well for short term, and does some good forward testing but back testing large data sets is a problem when switching from very small time frame to large time frame. For instance, finding a configuration that works on a one minute chart but then changing to a 1 hour chart means you lose some of your intra bar calclulations. There are some new features in pine script which might be able to address, this, but I have not had a chance to work on that issue.
TUE ADX/MACD Confluence V1.0The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner.
It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence is no longer in play and you may want to consider a trailing stop loss.
The Buy and Sell signals will display on the first occurrence of each confluence.
It's important to understand that both of these are lagging indicators, but with a careful attention to your stoploss you can easily generate a positive profit factor.
This code is provided open source and you're free to use it for any purpose other than resale.
MACD-VWhat is it?
The MACD-V indicator is the normal version of the MACD (Moving Average Convergence Divergence) indicator but normalized for volatility. It is normalized for volatility in order to compare momentum values across time and across tickers which the normal MACD indicator fails to do.
Formula
The formula for the MACD-V is as follows
MACD Line = [ / ATR(26)] * 100
Signal Line = EMA(9,MACD)
Histogram = MACD Line - Signal Line
How to Use
The MACD-V indicator is used to analyze normalized trends. If the MACD line is above 150, it is considered overbought. If the MACD line is below -150, it is considered oversold. Crossovers of the MACD line and the signal line are considered to be points of trend changes as well.
Features
Customizable Overbought/Oversold boundaries
Customizable colors
Credits
All credit for the idea behind this indicator goes to Alex Spiroglou CMT. His academic paper on the indicator can be found here .
In addition to Alex's idea for the paper, one TradingView user, Mik3Christ3ns3n has created a partial version of it which can be found here .
MACD Volume S2 By Gammaprod>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi Crypto by Gammaprod
- Stoch RSI Divs Zone Crypto by Gammaprod
- MACD Volume Crypto by Gammaprod
>> How to setting :
1. Trendlines Boll Ichi Crypto by Gammaprod
A. Support and Resistence
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
C. Bolinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
>> How to read :
1. Sell or Buy Priority :
A. Buy Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment.
2. Trend / Consolidation :
A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
3. Special Mark
A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
>> How to OPEN position:
A. Bullish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
3. MACD Volume Crypto by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
B. Bearish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
3. MACD Volume Crypto by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
C. Consolidation
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
3. MACD Volume Crypto by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
>> The secret ingridient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
MACD-V Volatility Normalized MomentumFull Credit to Alex Spiroglou, DipTA(ATAA), CFTe, and author of the MACD-V.
papers.ssrn.com
Alex recently received the CMT Dow Award for his work to improve on the classic MACD indicator. The MACD-V tackles some obvious challenges with the classic MACD indicator, which is normally an unbounded indicator and inconsistent between different symbols and markets.
"Our goal is to improve an existing tool (MACD), so that - by eliminating its shortcomings - we will be creating a unique type of hybrid 'boundless oscillator', that opens the doors for several pattern recognition opportunities which would not be definable using the classic MACD."
When the oversold/overbought range of 150 and -150 was determined, Alex tested where 95% of the data fell within the bands using the S&P price history as reference. Users are encouraged to find ranges relevant to the securities/instruments they are analyzing.
Enjoy!
Stochastic MACDStochasticMACD (SMACD) is an oscillating momentum indicator. It is based on MACD but run through a stochastic oscillator.
This results in an indicator with all the same properties as MACD but with the benefit that the absolute levels can be compared to history values.
Moving Average Convergence Divergence with Rate of Change
Purpose - MACD is an awesome indicator. However, I felt I could improve the existing MACD indicator by also letting it visualize the rate of change (ROC) of the histogram (whether rate of change is increasing or decreasing - just like a derivative). By doing so, the indicator will better show the rate of change of the trend.
How It's Done - To the original MACD indicator, I have added a bit more conditional statements that automatically calculates the ROC in MACD histogram and visualizes through 8 different colors.
Interpretation - While the histogram is above 0, darker color indicates the stronger up trend, and lighter the color, weaker the up trend and potentially indicates the bears are overtaking, and vice versa for the case where the histogram is below 0.