Trend Strength with Volatility and Volume [ST]Trend Strength with Volatility and Volume
Description in English:
This indicator combines market volatility and trading volume to measure the current trend strength. It helps identify when the trend is gaining or losing momentum.
Detailed Explanation:
Configuration:
Length: This input defines the period over which the moving average is calculated. The default value is 14.
MA Type: This input allows you to choose between a Simple Moving Average (SMA) and an Exponential Moving Average (EMA).
Volatility Length: This input defines the period over which the ATR (Average True Range) is calculated. The default value is 14.
Volume Length: This input defines the period over which the moving average of volume is calculated. The default value is 14.
Trend Strength Calculation:
Moving Average (MA): The script calculates the moving average of the closing price based on the selected type (SMA or EMA) and period.
Volatility (ATR): The ATR is used to measure market volatility over the specified period.
Volume MA: The script calculates the moving average of the trading volume based on the selected type (SMA or EMA) and period.
Trend Strength: The trend strength is calculated as the difference between the closing price and the moving average, divided by the volatility, and multiplied by the volume normalized by its moving average.
Plotting:
The trend strength is plotted as a line chart. Positive values indicate a strong upward trend, while negative values indicate a strong downward trend.
A horizontal line is added at the zero level to help identify the neutral point.
Indicator Benefits:
Trend Identification: Helps traders identify the strength of the current trend by combining price, volatility, and volume.
Visual Cues: Provides clear visual signals for trend strength, aiding in making informed trading decisions.
Customizable Parameters: Allows traders to adjust the length of the moving averages, ATR, and volume to suit different trading strategies and market conditions.
Justification of Component Combination:
Combining price, volatility, and volume provides a comprehensive measure of trend strength. This combination enhances the trader's ability to make informed decisions based on multiple market factors.
How Components Work Together:
The script calculates the moving average of the closing price and trading volume.
It measures market volatility using the ATR.
The trend strength is calculated by combining these components, providing a robust measure of the current trend's strength.
Título: Força da Tendência com Volatilidade e Volume
Descrição em Português:
Este indicador combina a volatilidade do mercado, medida pelo ATR (Average True Range), e o volume de negociações para medir a força da tendência atual. Ele ajuda a identificar quando a tendência está ganhando ou perdendo força.
Explicação Detalhada:
Configuração:
Comprimento: Este parâmetro define o período para o cálculo da média móvel. O valor padrão é 14.
Tipo de MA: Este parâmetro permite escolher entre uma Média Móvel Simples (SMA) e uma Média Móvel Exponencial (EMA).
Comprimento da Volatilidade: Este parâmetro define o período para o cálculo do ATR (Average True Range). O valor padrão é 14.
Comprimento do Volume: Este parâmetro define o período para o cálculo da média móvel do volume. O valor padrão é 14.
Cálculo da Força da Tendência:
Média Móvel (MA): O indicador calcula a média móvel do preço de fechamento com base no tipo selecionado (SMA ou EMA) e período.
Volatilidade (ATR): O ATR é usado para medir a volatilidade do mercado ao longo do período especificado.
Média Móvel do Volume: O indicador calcula a média móvel do volume de negociação com base no tipo selecionado (SMA ou EMA) e período.
Força da Tendência: A força da tendência é calculada como a diferença entre o preço de fechamento e a média móvel, dividida pela volatilidade e multiplicada pelo volume normalizado pela sua média móvel.
Plotagem:
A força da tendência é plotada como um gráfico de linhas. Valores positivos indicam uma forte tendência de alta, enquanto valores negativos indicam uma forte tendência de baixa.
Uma linha horizontal é adicionada no nível zero para ajudar a identificar o ponto neutro.
Benefícios do Indicador:
Identificação de Tendências: Este indicador ajuda os traders a identificar a força da tendência atual, combinando preço, volatilidade e volume.
Sinais Visuais Claros: Fornece sinais visuais claros para a força da tendência, facilitando a tomada de decisões informadas.
Parâmetros Personalizáveis: Os traders podem ajustar o comprimento das médias móveis, ATR e volume para se adequar a diferentes estratégias de negociação e condições de mercado.
Justificação da Combinação de Componentes:
A combinação de preço, volatilidade e volume fornece uma medida abrangente da força da tendência.
Isso melhora a capacidade dos traders de tomar decisões informadas com base em múltiplos fatores do mercado.
Como os Componentes Funcionam Juntos:
O indicador calcula a média móvel do preço de fechamento e do volume de negociação.
Mede a volatilidade do mercado usando o ATR.
A força da tendência é calculada combinando esses componentes, fornecendo uma medida robusta da força da tendência atual.
Średnie kroczące
WMA Trend and Growth Rate IndicatorThe "WMA Trend and Growth Rate Indicator" is a powerful tool for analyzing market trends and momentum. By understanding its components and how to configure it, traders of all levels can leverage this indicator to enhance their trading strategies. Experiment with the settings and integrate it into your analysis to gain valuable insights into market movements.
Indicator Components
WMA Length : The length of the WMA. This controls how many periods are included in the calculation.
Start : The starting value for accumulation levels.
End : The ending value for accumulation levels.
Key Concepts
Weighted Moving Average (WMA): A type of moving average that gives more weight to recent price data, making it more responsive to recent price changes.
Growth Rate : Measures how much the WMA has increased or decreased over a specified period, expressed as a percentage.
Accumulation and Distribution Levels : Zones where buying (accumulation) or selling (distribution) pressure is expected.
Configuring the Inputs
WMA Length : Adjust this value to change the sensitivity of the WMA. A smaller value makes the WMA more sensitive to recent price changes, while a larger value smooths out the data more.
Start and End : Adjust these values to define the range for accumulation and distribution levels. The indicator will automatically adjust the colors based on whether the Start value is higher or lower than the End value.
Interpreting the Plots
WMAT Line : The main trend line that shows the direction and strength of the trend.
Growth Index : Shows the growth rate of the WMAT.
Accumulation Levels : Indicated by lines and fill colors, showing potential zones to increase positions.
Distribution Levels : Indicated by lines and fill colors, showing potential zones to decrease positions.
The indicator checks if "Start" is greater than "End". Based on this check, it assigns colors to the accumulation and distribution levels. This color scheme helps traders visually distinguish between areas of potential buying and selling zones.
Enhanced Trend Arrows with Moving Average [ST]Enhanced Trend Arrows with Moving Average
Description in English:
This indicator is designed to identify market trends using a moving average and displays arrows after three consecutive closes above or below the moving average. It helps traders visualize confirmed trends and make informed decisions.
Detailed Explanation:
Configuration:
Length: Defines the period over which the moving average is calculated. The default value is 14.
MA Type: Allows choosing between a Simple Moving Average (SMA) and an Exponential Moving Average (EMA).
Uptrend Color: Sets the color of the arrows indicating an uptrend. The default color is green.
Downtrend Color: Sets the color of the arrows indicating a downtrend. The default color is red.
Moving Average Calculation:
The moving average (MA) is calculated based on the selected type (SMA or EMA) and period. The SMA is the simple arithmetic mean of the closing prices over the specified period, while the EMA gives more weight to recent prices.
Trend Identification:
The script detects when the price crosses above (crossover) or below (crossunder) the moving average.
When a crossover occurs (price moves above the MA), it indicates a potential uptrend, and the trend variable is set to 1.
When a crossunder occurs (price moves below the MA), it indicates a potential downtrend, and the trend variable is set to -1.
The script tracks the closing price at the crossover or crossunder point using the trendPrice variable.
It also counts consecutive bars above or below the moving average to confirm the trend, using above_count for uptrend and below_count for downtrend.
Arrow Display:
The script displays an up arrow ("▲") after three consecutive closes above the moving average, indicating a confirmed uptrend.
Similarly, it displays a down arrow ("▼") after three consecutive closes below the moving average, indicating a confirmed downtrend.
The arrows are displayed at the trendPrice level to clearly indicate the point at which the trend was confirmed.
Indicator Benefits:
Trend Identification: Helps traders identify market trends using moving averages, which are widely used in technical analysis.
Visual Cues: The arrows provide clear visual signals for confirmed trends, making it easier for traders to make informed decisions.
New Features and Enhancements:
This script has been enhanced to provide more accurate trend identification by ensuring arrows are only displayed after three consecutive closes above or below the moving average.
The color customization options for uptrend and downtrend arrows have been added for better visualization.
Improved description and explanations to make the functionality and usage of the indicator clearer.
Precise ATR Stop Loss - Daily Pullbacks [ST]Precise ATR Stop Loss - Daily Pullbacks
This indicator uses ATR (Average True Range) combined with the identification of pullback lows and highs on daily charts to calculate more precise stop loss levels.
How it works:
Identification of Pullbacks:
Pullback Lows: Identifies significant low points on daily charts that can serve as support.
Pullback Highs: Identifies significant high points on daily charts that can serve as resistance.
ATR (Average True Range):
Measures market volatility and is used to adjust stop loss levels according to market conditions.
Dynamic Stop Loss:
Stop Loss for Uptrend:
When a pullback low is identified on a daily chart, the stop loss is set slightly below this point, adjusted by the ATR.
This level is shown by a green line on the chart.
Stop Loss for Downtrend:
When a pullback high is identified on a daily chart, the stop loss is set slightly above this point, adjusted by the ATR.
This level is shown by a red line on the chart.
Indicator Benefits:
Improved Precision: Uses significant pullback points on daily charts to set stops more accurately.
Dynamic Stop Loss:
Automatically adjusts stop loss levels according to market volatility, providing more effective risk management.
Título: Precise ATR Stop Loss - Daily Pullbacks
Descrição em Português:
Este indicador utiliza o ATR (Average True Range) combinado com a identificação de fundos e topos de pullback em gráficos diários para calcular níveis de stop loss mais precisos.
Como funciona:
Identificação de Pullbacks:
Fundos de Pullback: Identifica pontos de mínima significativos em gráficos diários que podem servir como suporte.
Topos de Pullback: Identifica pontos de máxima significativos em gráficos diários que podem servir como resistência.
ATR (Average True Range):
Mede a volatilidade do mercado e é utilizado para ajustar os níveis de stop loss de acordo com as condições do mercado.
Stop Loss Dinâmico:
Stop Loss para Tendência de Alta: Quando um fundo de pullback é identificado em um gráfico diário, o stop loss é colocado um pouco abaixo desse ponto, ajustado pelo ATR. Este nível é mostrado por uma linha verde no gráfico.
Stop Loss para Tendência de Baixa: Quando um topo de pullback é identificado em um gráfico diário, o stop loss é colocado um pouco acima desse ponto, ajustado pelo ATR. Este nível é mostrado por uma linha vermelha no gráfico.
Benefícios do Indicador:
Precisão Melhorada: Utiliza pontos de pullback significativos em gráficos diários para posicionar stops de forma mais precisa.
Stop Loss Dinâmico: Ajusta automaticamente os níveis de stop loss de acordo com a volatilidade do mercado, proporcionando uma gestão de risco mais eficaz.
Coinbase vs Binance Spot Premium for All coins🔶 Coinbase Premium
This indicator allows you to track the premiums for various coins listed on Coinbase relative to Binance. The buying strength of US markets tend to be a good indicator for up trending markets.
The moving average crosses shown as ribbons can be used to time entries and exits
🔶 Available Pairs
Currently, the indicator includes 31 coins as listed below:
BTC, ETH, SOL, BONK, DOGE, XRP, SHIB, ONDO, AVAX, LINK, ENS, LTC, RNDR, INJ, BCH, ARB, OP, ADA, DOT, TIA, ICP, MATIC, LDO, NEAR, CVX, AERO, ORCA, SEI, STX, MKR, SUI
🔶 Key Features
Select Coin: You can select any of the 31 supported coins to track its premium.
Show Ribbons: Option to enable or disable the display of ribbon trend lines between two moving averages.
Adjust MA Lengths: Customizable lengths for the short and long moving averages to fine-tune the trend analysis.
🔶 Calculations
The premium is a simple nominal difference between the Coinbase price and the Binance price.
eg) Coinbase ETHUSD - Binance ETHUSDT = Premium
🔶 Disclaimer
This indicator is for informational purposes only and should not be considered financial advice.
Always conduct your own research and due diligence before making any trading decisions. Past performance is not necessarily indicative of future results.
Harmonic Trading Tachometer [Pinescriptlabs]Key Features:
Visual Tachometer:
Represents market harmony through a speedometer on the chart.
The tachometer displays a range of harmony from "Highly Bearish" to "Highly Bullish."
Harmony Calculation:
Harmony Score: Based on ATR (Average True Range) range calculations for short, medium, and long periods. The harmony score is a weighted combination of these scores.
Interpretation: Harmony is translated into an interpretive category that can be "Highly Bearish," "Bearish," "Neutral," "Bullish," or "Highly Bullish."
Price Projection:
Estimates future price movement considering the current trend and the weight of each trend period (short, medium, and long).
Harmonic Change Detection:
Identifies significant changes in market harmony and adjusts sensitivity with predefined thresholds.
Confirmation and Divergence Signals:
Detects bullish or bearish confirmation signals as well as divergences, based on market harmony and price projection.
Additional Visualization:
Includes an optional market pentagram chart to visualize harmony on a broader scale.
Provides detailed information in a table about harmony, price projection, and harmonic changes.
How the Script Works:
Initial Calculations:
Ranges and Scores: Calculates ATR ranges for different periods (short, medium, and long). Then, evaluates the harmony score using the given formula.
Harmony: Obtained through the weighted combination of short, medium, and long-term scores.
Price Projection:
The projection is adjusted based on the difference between the current closing price and the exponential moving averages (EMAs) for different periods, weighted by the defined factors.
How to Use :
Tachometer Interpretation:
Observe the needle's position on the tachometer to assess the current market harmony.
Use the colors and labels to quickly interpret the market's state.
Projection and Changes:
Use the price projection to identify potential support or resistance levels.
Monitor harmonic changes and their strengths to adjust your trading strategies.
Confirmations and Divergences:
Pay attention to confirmation and divergence signals to decide on potential entries or exits.
Customization:
Adjust the indicator parameters, such as base length, harmony factor, change detection period, and trend weights, to fit your trading style and timeframe.
Español:
**Tacómetro Visual:
- Representa la armonía del mercado mediante un velocímetro en el gráfico.
- El tacómetro muestra un rango de armonía desde "Altamente Bajista" hasta "Altamente Alcista."
Cálculo de Armonía:
- Puntuación de Armonía:** Basada en los cálculos del rango ATR (Average True Range) para períodos cortos, medios y largos. La puntuación de armonía es una combinación ponderada de estas puntuaciones.
- Interpretación: La armonía se traduce en una categoría interpretativa que puede ser "Altamente Bajista," "Bajista," "Neutral," "Alcista," o "Altamente Alcista."
**Proyección de Precios:
- Estima el movimiento futuro de los precios considerando la tendencia actual y el peso de cada período de tendencia (corto, medio y largo).
**Detección de Cambios Armonicos:
- Identifica cambios significativos en la armonía del mercado y ajusta la sensibilidad con umbrales predefinidos.
**Señales de Confirmación y Divergencia:
- Detecta señales de confirmación alcista o bajista, así como divergencias, basadas en la armonía del mercado y la proyección de precios.
**Visualización Adicional:**
- Incluye un gráfico opcional de un pentagrama de mercado para visualizar la armonía en una escala más amplia.
- Proporciona información detallada en una tabla sobre la armonía, la proyección de precios y los cambios armónicos.
**Cómo Funciona el Script:**
Cálculos Iniciales:
- **Rangos y Puntuaciones:** Calcula los rangos del ATR para diferentes períodos (corto, medio y largo). Luego, evalúa la puntuación de armonía utilizando la fórmula dada.
- **Armonía:** Se obtiene a través de la combinación ponderada de las puntuaciones de corto, medio y largo plazo.
**Proyección de Precios:**
- La proyección se ajusta según la diferencia entre el precio de cierre actual y las medias móviles exponenciales (EMA) para diferentes períodos, ponderadas por los factores definidos.
**Cómo Usar:**
**Interpretación del Tacómetro:**
- Observa la posición de la aguja en el tacómetro para evaluar la armonía actual del mercado.
- Usa los colores y las etiquetas para interpretar rápidamente el estado del mercado.
**Proyección y Cambios:**
- Usa la proyección de precios para identificar posibles niveles de soporte o resistencia.
- Monitorea los cambios armónicos y sus fortalezas para ajustar tus estrategias de trading.
**Confirmaciones y Divergencias:**
- Presta atención a las señales de confirmación y divergencia para decidir posibles entradas o salidas.
**Personalización:**
- Ajusta los parámetros del indicador, como la longitud base, el factor de armonía, el período de detección de cambios y los pesos de tendencia, para adaptarlo a tu estilo de trading y marco de tiempo.
Dysmen signalsDysmen Signals Indicator
The "Dysmen Signals" indicator is designed to provide clear buy and sell signals based on the crossover of various Exponential Moving Averages (EMAs). This indicator employs a combination of short-term and long-term EMA crossovers to identify potential trading opportunities, while also highlighting significant market movements through specific signals such as the Golden Cross and Death Cross.
Indicator Components
1. Exponential Moving Averages (EMAs)
- EMA 14: A short-term EMA calculated over 14 periods.
- EMA 20: Another short-term EMA calculated over 20 periods.
- EMA 50: A mid-term EMA used as a trend filter.
- EMA 200: A long-term EMA representing the overall trend.
2. Buy and Sell Signals
- Buy Signal: This is triggered when the EMA 14 crosses above the EMA 20 and the closing price is above the EMA 50. This suggests a bullish trend in the market.
- Sell Signal: This is triggered when the EMA 14 crosses below the EMA 20 and the closing price is below the EMA 50. This indicates a bearish trend in the market.
3. Golden Cross and Death Cross
- Golden Cross (GC): Occurs when the EMA 50 crosses above the EMA 200. This is a strong bullish signal indicating a potential long-term upward trend.
- Death Cross (DC): Occurs when the EMA 50 crosses below the EMA 200. This is a strong bearish signal suggesting a potential long-term downward trend.
4. Signal Visualization
- Buy and Sell signals are marked on the chart with green and red triangles respectively. These signals help traders identify potential entry and exit points.
- Golden Cross and Death Cross signals are indicated with yellow and purple diamonds respectively, providing insight into major market trend shifts.
5. Candle Coloring
- Candles are colored green if a buy signal is active and red if a sell signal is active. This visual aid helps in quickly identifying the prevailing market sentiment.
6. EMA 200 Plotting
- The EMA 200 is plotted as a white, semi-thick line on the chart. This line serves as a reference for the overall long-term trend.
Detailed Code Explanation
- EMA Calculations: The script calculates the EMA for 14, 20, 50, and 200 periods using the ta.ema function.
- Crossover Conditions: It uses the ta.crossover and ta.crossunder functions to detect when the EMAs cross each other, triggering buy and sell signals.
- Plotting Signals: The plotshape function is utilized to display BUY and SELL signals as well as Golden Cross and Death Cross signals on the chart.
- Candle Coloring Logic: A variable direction is used to store the current market direction based on the latest signal, which then determines the candle colors using the barcolor function.
- EMA 200 Display: The plot function is used to draw the EMA 200 line on the chart with the specified color and thickness.
By employing this indicator, traders can gain valuable insights into potential market trends and make more informed trading decisions based on the crossover of key EMAs.
Trend identifier with signals - Swing TradingIndicator Objective
The "Trend identifier with signals - Swing Trading" indicator is designed to help traders identify market trends and provide clear visual signals for potential buy and sell points based on the interaction of price with the 20-period moving average.
How the Indicator Works
20-Period Moving Average:
The indicator calculates the 20-period simple moving average (SMA), which is a common tool for smoothing out price fluctuations and identifying the overall market direction.
The moving average is plotted on the chart, changing color according to the identified trend:
Green: Indicates an uptrend.
Red: Indicates a downtrend.
Gray: Indicates a neutral or undefined market condition.
Trend Identification on the Daily Chart:
The indicator checks the trend based on an adjustable period (default is 5 periods):
Uptrend: When the short-term moving average (5 periods) is above the long-term moving average (10 periods).
Downtrend: When the short-term moving average (5 periods) is below the long-term moving average (10 periods).
Signal for Touching the Moving Average:
When the price crosses the 20-period moving average, the candles are colored purple to indicate that there was a touch on the moving average.
This helps identify critical points where the price may reverse or continue its trend.
Trend Signal:
Green Flag: Appears below the candle when there is a touch on the moving average and the trend is up, suggesting a potential buy point.
Red Flag: Appears above the candle when there is a touch on the moving average and the trend is down, suggesting a potential sell point.
Lateral Zone Identification:
The indicator also checks if the price touched the moving average for 5 consecutive candles, indicating a possible consolidation or lateral zone.
If this occurs, a message "Possible Lateral Zone" is shown on the chart, helping the trader avoid trades in a market without a clear direction.
How the Indicator Helps Traders
Clear Trend Identification:
By changing the color of the moving average according to the trend (green for up, red for down), the indicator provides a clear visualization of market direction.
This allows traders to align their trades with the prevailing trend, increasing the probability of success.
Visual Buy and Sell Signals:
The green and red flags provide direct visual signals for potential entry and exit points, based on the interaction of price with the moving average.
This is particularly useful for novice traders who may struggle to identify these points on their own.
Risk Management and Trade Planning:
Identifying lateral zones helps traders avoid trading in trendless markets, where price movements are more unpredictable.
This improves risk management and allows traders to focus on more favorable opportunities.
S&P Short-Range Oscillator**SHOULD BE USED ON THE S&P 500 ONLY**
The S&P Short-Range Oscillator (SRO), inspired by the principles of Jim Cramer's oscillator, is a technical analysis tool designed to help traders identify potential buy and sell signals in the stock market, specifically for the S&P 500 index. The SRO combines several market indicators to provide a normalized measure of market sentiment, assisting traders in making informed decisions.
The SRO utilizes two simple moving averages (SMAs) of different lengths: a 5-day SMA and a 10-day SMA. It also incorporates the daily price change and market breadth (the net change of closing prices). The 5-day and 10-day SMAs are calculated based on the closing prices. The daily price change is determined by subtracting the opening price from the closing price. Market breadth is calculated as the difference between the current closing price and the previous closing price.
The raw value of the oscillator, referred to as SRO Raw, is the sum of the daily price change, the 5-day SMA, the 10-day SMA, and the market breadth. This raw value is then normalized using its mean and standard deviation over a 20-day period, ensuring that the oscillator is centered and maintains a consistent scale. Finally, the normalized value is scaled to fit within the range of -15 to 15.
When interpreting the SRO, a value below -5 indicates that the market is potentially oversold, suggesting it might be a good time to start buying stocks as the market could be poised for a rebound. Conversely, a value above 5 suggests that the market is potentially overbought. In this situation, it may be prudent to hold on to existing positions or consider selling if you have substantial gains.
The SRO is visually represented as a blue line on a chart, making it easy to track its movements. Red and green horizontal lines mark the overbought (5) and oversold (-5) levels, respectively. Additionally, the background color changes to light red when the oscillator is overbought and light green when it is oversold, providing a clear visual cue.
By incorporating the S&P Short-Range Oscillator into your trading strategy, you can gain valuable insights into market conditions and make more informed decisions about when to buy, sell, or hold your stocks. However, always consider other market factors and perform your own analysis before making any trading decisions.
The S&P Short-Range Oscillator is a powerful tool for traders looking to gain insights into market sentiment. It provides clear buy and sell signals through its combination of multiple indicators and normalization process. However, traders should be aware of its lagging nature and potential complexity, and use it in conjunction with other analysis methods for the best results.
Disclaimer
The S&P Short-Range Oscillator is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should conduct your own research or consult a financial advisor before making investment decisions. The author is not responsible for any losses incurred from using this indicator. Use at your own risk.
Trend Follower IndexDescription
The purpose of this index is to give an idea about the possible direction of the trend. The index is overbought between 70 and 100, and oversold between 30 and 0. Unlike a typical RSI calculation, the 6-bar simple moving average of the price is calculated first. Then, the 21-bar RSI value of this moving average is calculated.
Why
The 6-bar average is often one of the best averages to show the direction of prices. Closes below this average give strong indications of a trend reversal. To display this average on the horizontal plane, I used the RSI function and took 21 bar as the reference length. Because in my research, I realized that 21 bar length is the most ideal upper and lower points. That's why I coded an indicator that shows where a trend is going and how far that trend needs to go.
Use
It becomes oversold when the Moving Average falls below 30. Here we encounter 3 types of colors;
Light Blue: Indicates that the average is between 30 and 20. It indicates the stage when small purchases begin and the decline rate of the trend begins to decrease.
Blue: Indicates that the average is between 20 and 10. It indicates the stage when purchases begin to become more frequent and the rate of trend decline begins to decrease slightly.
Green: Indicates that the average has fallen below 10. It is the ideal level for purchasing. This indicates the stage when buying pressure has increased significantly and the trend is ready to reverse upward.
As the level decreases, purchases should increase.
Again, when the average value exceeds 70, it becomes overbought. Here we encounter three types of colors;
Yellow: Indicates that the average is between 70 and 80. It indicates the stage when small sales begin and the rate of increase in the trend begins to decrease.
Orange: Indicates that the average is between 80 and 90. It indicates the stage when sales begin to become more frequent and the upward trend begins to decrease somewhat.
Red: Indicates the average is above 90. It is an ideal level for sales. It now marks the stage where selling pressure has increased significantly and the trend is ready to turn downwards.
As the level increases, sales should increase.
Originality
First of all, this moving average is not an RSI. RSI is only used to establish the average on a flat basis. The RSI is merely a helpful tool in determining how much the moving average will rise or fall.
The 6-bar average of the value obtained by calculating Bar (Opening + Closing + High + Low) / 4 gives information about the main trend. In my research and usage, I have observed that as long as the price remains above this average, the price continues to move upwards, and when it remains below it, it is willing to move downwards.
Disclaimer
This indicator is for informational purposes only and should be used for educational purposes only. You may lose money if you rely on this to trade without additional information. Use at your own risk.
Version
v1.0
MACD Screener [Luxmi AI] MTFMulti-Timeframe Stock Screener with MACD
Introduction
In the world of trading, having a reliable stock screener is crucial for identifying potential trading opportunities. One of the most effective tools for this purpose is the Moving Average Convergence Divergence (MACD) indicator. By using MACD crossovers and crossunders with the signal line as trend change indicators, traders can make informed decisions. This guide explores how to utilize a multi-timeframe stock screener built in Pine Script v5 that leverages the MACD indicator to its fullest potential.
Understanding the MACD Indicator
The MACD is a momentum indicator that shows the relationship between two moving averages of a security’s price. It consists of three main components:
MACD Line - The difference between the 12-period EMA (Exponential Moving Average) and the 26-period EMA.
Signal Line - A 9-period EMA of the MACD line.
Histogram - The difference between the MACD line and the signal line.
A crossover occurs when the MACD line crosses above the signal line, indicating a potential bullish trend. Conversely, a crossunder occurs when the MACD line crosses below the signal line, signaling a potential bearish trend.
Why Multi-Timeframe Analysis Matters
A multi-timeframe approach provides a more comprehensive view of the market by analyzing trends across different timeframes. This method enhances the reliability of trading signals, as it reduces the likelihood of false signals. For instance, a MACD crossover on both daily and weekly charts offers a stronger indication of a trend change than a single timeframe signal.
Using Your Multi-Timeframe Stock Screener
Here’s how to effectively use it:
1. Setting Up Your Screener
Ensure that your stock screener is configured correctly to analyze multiple timeframes. You should be able to input the desired timeframes (e.g., daily and weekly) and set the conditions for MACD crossovers and crossunders.
2. Selecting Stocks for Analysis
Start by choosing a universe of stocks to analyze. This can be a list of stocks from major indices like the S&P 500, Nifty50 or specific sectors you are interested in. The screener will then apply the MACD criteria to these stocks.
3. Interpreting the Signals
- Bullish Signal (UP): A MACD crossover on both the daily and weekly charts suggests a strong bullish trend. This indicates that the stock is likely to move upward in the near future.
- Bearish Signal (DOWN): A MACD crossunder on both the daily and weekly charts signals a strong bearish trend. This indicates that the stock is likely to decline.
4. Confirming Signals with Other Indicators
While the MACD is a powerful indicator, it’s always a good idea to confirm its signals with other technical indicators such as the Relative Strength Index (RSI) or moving averages. This multi-indicator approach can help you make more informed decisions and reduce the risk of false signals.
5. Monitoring and Adjusting
Regularly monitor the performance of the stocks' trend identified by your screener. Adjust the screener settings if necessary to improve its accuracy. Market conditions can change, and it’s important to ensure your screener adapts to these changes.
6. Backtesting and Validation
Before fully relying on the signals from your screener, backtest it using historical data. This will help you validate its effectiveness and fine-tune the parameters to achieve the best results.
Conclusion
Your multi-timeframe stock screener with MACD crossover and crossunder as trend change indicators is a powerful tool for identifying potential trading opportunities. By analyzing trends across different timeframes, you can gain a comprehensive view of the market and make more informed trading decisions. Remember to confirm signals with other indicators and regularly monitor the screener’s performance to ensure it remains effective in different market conditions. Happy trading!
Vlad Waves█ CONCEPT
Acceleration Line (Blue)
The Acceleration Line is calculated as the difference between the 8-period SMA and the 20-period SMA.
This line helps to identify the momentum and potential turning points in the market.
Signal Line (Red)
The Signal Line is an 8-period SMA of the Acceleration Line.
This line smooths out the Acceleration Line to generate clearer signals.
Long-Term Average (Green)
The Long-Term Average is a 200-period SMA of the Acceleration Line.
This line provides a broader context of the market trend, helping to distinguish between long-term and short-term movements.
█ SIGNALS
Buy Mode
A buy signal occurs when the Acceleration Line crosses above the Signal Line while below the Long-Term Average. This indicates a potential bullish reversal in the market.
When the Signal Line crosses the Acceleration Line above the Long-Term Average, consider placing a stop rather than reversing the position to protect gains from potential pullbacks.
Sell Mode
A sell signal occurs when the Acceleration Line crosses below the Signal Line while above the Long-Term Average. This indicates a potential bearish reversal in the market.
When the Signal Line crosses the Acceleration Line below the Long-Term Average, consider placing a stop rather than reversing the position to protect gains from potential pullbacks.
█ UTILITY
This indicator is not recommended for standalone buy or sell signals. Instead, it is designed to identify market cycles and turning points, aiding in the decision-making process.
Entry signals are most effective when they occur away from the Long-Term Average, as this helps to avoid sideways movements.
Use larger timeframes, such as daily or weekly charts, for better accuracy and reliability of the signals.
█ CREDITS
The idea for this indicator came from Fabio Figueiredo (Vlad).
Comprehensive Technical AnalysisComprehensive Technical Analysis Script
Overview
This Script for TradingView is designed to perform and display a detailed technical analysis using a range of moving averages and oscillators. The script provides a summary of market conditions based on various indicators to help traders make informed decisions.
Key Features - Technical Indicators:
Moving Averages:
Simple Moving Average (SMA): Calculates the average price over a specified period.
Exponential Moving Average (EMA): Reacts faster to recent price changes by giving more weight to recent prices.
Weighted Moving Average (WMA): Weighs prices based on their position, giving more importance to recent prices.
Hull Moving Average (HMA): Reduces lag and provides a smoother trend line.
Triple Exponential Moving Average (TEMA): Combines three EMAs to minimize lag and offer a responsive trend indicator.
Exponential Moving Average of an Exponential Moving Average (EMAX): Applies an EMA twice to smooth out trends further.
Triangular Moving Average (TMA): Provides a smoother moving average by averaging over a triangular window.
Oscillators:
Relative Strength Index (RSI): Measures the speed and change of price movements to identify overbought or oversold conditions.
Stochastic Oscillator (%K): Compares a security’s closing price to its price range over a specific period to spot potential reversal points.
Commodity Channel Index (CCI): Identifies cyclical trends and measures the deviation of the price from its average.
Moving Average Convergence Divergence (MACD): Shows the relationship between two EMAs to identify changes in trend strength, direction, momentum, and duration.
Awesome Oscillator (AO): Measures market momentum by comparing two different moving averages.
Average Directional Index (ADX): Determines the strength of a trend and whether the market is trending or ranging.
Williams %R (WPR): Identifies overbought and oversold levels with a different calculation approach compared to the RSI.
Point System - Indicator Points:
Bullish Signal: Each indicator contributing to a positive market sentiment adds points.
Bearish Signal: Each indicator contributing to a negative market sentiment subtracts points.
Point Calculation:
Moving Averages: Points are assigned based on whether the current price is above or below each moving average.
Oscillators: Points are assigned based on whether the oscillator values are in bullish or bearish zones.
Summary Text:
Categorization: Based on the total points calculated from all indicators, the market condition is categorized into:
Strong Bullish: More than 8 points
Bullish: Between 3 and 8 points
Neutral: Between -2 and 2 points
Bearish: Between -3 and -8 points
Strong Bearish: Less than -8 points
Text Display: The summary text reflects the overall market sentiment and is color-coded for easy interpretation.
Table Display - The Position of the table can be customized by the user:
Vertical: Options include Top, Center, Bottom
Horizontal: Options include Left, Center, Right
Table Content:
Summary Text and Points: Displays the summary of technical indicators along with the calculated points.
Support and resistance levels (Day, Week, Month) + EMAs + SMAs(ENG): This Pine 5 script provides various tools for configuring and displaying different support and resistance levels, as well as moving averages (EMA and SMA) on charts. Using these tools is an essential strategy for determining entry and exit points in trades.
Support and Resistance Levels
Daily, weekly, and monthly support and resistance levels play a key role in analyzing price movements:
Daily levels: Represent prices where a cryptocurrency has tended to bounce within the current trading day.
Weekly levels: Reflect strong prices that hold throughout the week.
Monthly levels: Indicate the most significant levels that can influence price movement over the month.
When trading cryptocurrencies, traders use these levels to make decisions about entering or exiting positions. For example, if a cryptocurrency approaches a weekly resistance level and fails to break through it, this may signal a sell opportunity. If the price reaches a daily support level and starts to bounce up, it may indicate a potential long position.
Market context and trading volumes are also important when analyzing support and resistance levels. High volume near a level can confirm its significance and the likelihood of subsequent price movement. Traders often combine analysis across different time frames to get a more complete picture and improve the accuracy of their trading decisions.
Moving Averages
Moving averages (EMA and SMA) are another important tool in the technical analysis of cryptocurrencies:
EMA (Exponential Moving Average): Gives more weight to recent prices, allowing it to respond more quickly to price changes.
SMA (Simple Moving Average): Equally considers all prices over a given period.
Key types of moving averages used by traders:
EMA 50 and 200: Often used to identify trends. The crossing of the 50-day EMA with the 200-day EMA is called a "golden cross" (buy signal) or a "death cross" (sell signal).
SMA 50, 100, 150, and 200: These periods are often used to determine long-term trends and support/resistance levels. Similar to the EMA, the crossings of these averages can signal potential trend changes.
Settings Groups:
EMA Golden Cross & Death Cross: A setting to display the "golden cross" and "death cross" for the EMA.
EMA 50 & 200: A setting to display the 50-day and 200-day EMA.
Support and Resistance Levels: Includes settings for daily, weekly, and monthly levels.
SMA 50, 100, 150, 200: A setting to display the 50, 100, 150, and 200-day SMA.
SMA Golden Cross & Death Cross: A setting to display the "golden cross" and "death cross" for the SMA.
Components:
Enable/disable the display of support and resistance levels.
Show level labels.
Parameters for adjusting offset, display of EMA and SMA, and their time intervals.
Parameters for configuring EMA and SMA Golden Cross & Death Cross.
EMA Parameters:
Enable/disable the display of 50 and 200-day EMA.
Color and style settings for EMA.
Options to use bar gaps and the "LookAhead" function.
SMA Parameters:
Enable/disable the display of 50, 100, 150, and 200-day SMA.
Color and style settings for SMA.
Options to use bar gaps and the "LookAhead" function.
Effective use of support and resistance levels, as well as moving averages, requires an understanding of technical analysis, discipline, and the ability to adapt the strategy according to changing market conditions.
(RUS) Данный Pine 5 скрипт предоставляет разнообразные инструменты для настройки и отображения различных уровней поддержки и сопротивления, а также скользящих средних (EMA и SMA) на графиках. Использование этих инструментов является важной стратегией для определения точек входа и выхода из сделок.
Уровни поддержки и сопротивления
Дневные, недельные и месячные уровни поддержки и сопротивления играют ключевую роль в анализе движения цен:
Дневные уровни: Представляют собой цены, на которых криптовалюта имела тенденцию отскакивать в течение текущего торгового дня.
Недельные уровни: Отражают сильные цены, которые сохраняются в течение недели.
Месячные уровни: Указывают на наиболее значимые уровни, которые могут влиять на движение цены в течение месяца.
При торговле криптовалютами трейдеры используют эти уровни для принятия решений о входе в позицию или закрытии сделки. Например, если криптовалюта приближается к недельному уровню сопротивления и не удается его преодолеть, это может стать сигналом для продажи. Если цена достигает дневного уровня поддержки и начинает отскакивать вверх, это может указывать на возможность открытия длинной позиции.
Контекст рынка и объемы торговли также важны при анализе уровней поддержки и сопротивления. Высокий объем при приближении к уровню может подтвердить его значимость и вероятность последующего движения цены. Трейдеры часто комбинируют анализ различных временных рамок для получения более полной картины и улучшения точности своих торговых решений.
Скользящие средние
Скользящие средние (EMA и SMA) являются еще одним важным инструментом в техническом анализе криптовалют:
EMA (Exponential Moving Average): Экспоненциальная скользящая средняя, которая придает большее значение последним ценам. Это позволяет более быстро реагировать на изменения в ценах.
SMA (Simple Moving Average): Простая скользящая средняя, которая равномерно учитывает все цены в заданном периоде.
Основные виды скользящих средних, которые используются трейдерами:
EMA 50 и 200: Часто используются для выявления трендов. Пересечение 50-дневной EMA с 200-дневной EMA называется "золотым крестом" (сигнал на покупку) или "крестом смерти" (сигнал на продажу).
SMA 50, 100, 150 и 200: Эти периоды часто используются для определения долгосрочных трендов и уровней поддержки/сопротивления. Аналогично EMA, пересечения этих средних могут сигнализировать о возможных изменениях тренда.
Группы настроек:
EMA Golden Cross & Death Cross: Настройка для отображения "золотого креста" и "креста смерти" для EMA.
EMA 50 & 200: Настройка для отображения 50-дневной и 200-дневной EMA.
Уровни поддержки и сопротивления: Включает настройки для дневных, недельных и месячных уровней.
SMA 50, 100, 150, 200: Настройка для отображения 50, 100, 150 и 200-дневных SMA.
SMA Golden Cross & Death Cross: Настройка для отображения "золотого креста" и "креста смерти" для SMA.
Компоненты:
Включение/отключение отображения уровней поддержки и сопротивления.
Показ ярлыков уровней.
Параметры для настройки смещения, отображения EMA и SMA, а также их временных интервалов.
Параметры для настройки EMA и SMA Golden Cross & Death Cross.
Параметры EMA:
Включение/отключение отображения 50 и 200-дневных EMA.
Настройки цвета и стиля для EMA.
Опции для использования разрыва баров и функции "LookAhead".
Параметры SMA:
Включение/отключение отображения 50, 100, 150 и 200-дневных SMA.
Настройки цвета и стиля для SMA.
Опции для использования разрыва баров и функции "LookAhead".
Эффективное использование уровней поддержки и сопротивления, а также скользящих средних, требует понимания технического анализа, дисциплины и умения адаптировать стратегию в зависимости от изменяющихся условий рынка.
Improved Volume Based Indicator# Improved Volume Based Indicator
## Overview
The Improved Volume Based Indicator is a technical analysis tool designed to identify potential trading opportunities based on volume patterns, price action, and trend direction. This indicator combines volume analysis with moving averages and the Average True Range (ATR) to generate buy and sell signals.
## Key Components
1. Volume Analysis
- Tracks consecutive volume direction (up or down) for 3 periods
- Calculates volume ratio compared to a short-term moving average
2. Trend Direction
- Uses a 200-period Exponential Moving Average (EMA) to determine overall trend
3. Volatility Measurement
- Incorporates the Average True Range (ATR) for stop-loss and take-profit calculations
## Signal Generation
### Buy Signal Criteria
1. Three consecutive periods of up volume (close > open)
2. Volume ratio > 1.5 (current volume is 50% higher than the short-term average)
3. Current price is above the 200 EMA
### Sell Signal Criteria
1. Three consecutive periods of down volume (close < open)
2. Volume ratio > 1.5 (current volume is 50% higher than the short-term average)
3. Current price is below the 200 EMA
## Risk Management
The indicator calculates stop-loss and take-profit levels based on the ATR:
- Stop Loss: ATR * 1.5 (default)
- Take Profit: ATR * 2.5 (default)
These levels are adjustable through input parameters.
## Usage
1. Add the indicator to your chart
2. Adjust input parameters as needed:
- Volume Period (2-5)
- ATR Period (default 14)
- ATR Multipliers for Stop Loss and Take Profit
- EMA Period (default 200)
3. Monitor for buy and sell signals
4. Use the provided stop-loss and take-profit levels for risk management
## Interpretation
- Buy signals suggest potential upward price movement
- Sell signals suggest potential downward price movement
- Always consider other factors and perform additional analysis before making trading decisions
## Limitations
- This indicator may generate false signals in choppy or ranging markets
- It's best used in conjunction with other technical analysis tools and fundamental analysis
- Past performance does not guarantee future results
Remember to thoroughly test this indicator on historical data and in various market conditions before using it in live trading.
---
# 改進的基於交易量的指標
＃＃ 概述
改進的基於成交量的指標是一種技術分析工具，旨在根據成交量模式、價格行為和趨勢方向識別潛在的交易機會。此指標將成交量分析與移動平均線和平均真實波動幅度 (ATR) 結合起來，以產生買入和賣出訊號。
＃＃ 關鍵部件
1. 成交量分析
- 追蹤 3 個週期的連續成交量方向（向上或向下）
- 計算與短期移動平均線相比的成交量比率
2. 趨勢方向
- 使用 200 週期指數移動平均線 (EMA) 來確定整體趨勢
3. 波動率測量
- 納入平均真實波動範圍 (ATR) 以進行停損和停盈計算
## 訊號生成
### 購買訊號標準
1. 連續三個週期的成交量上漲（收盤>開盤）
2.成交量比率>1.5（目前成交量較短期平均高50%）
3. 當前價格高於200 EMA
### 賣出訊號標準
1.連續三個週期的成交量下跌（收盤<開盤）
2.成交量比率>1.5（目前成交量較短期平均高50%）
3. 目前價格低於200 EMA
＃＃ 風險管理
此指標根據 ATR 計算停損和止盈水準：
- 停損：ATR * 1.5（預設）
- 止盈：ATR * 2.5（預設）
這些等級可透過輸入參數進行調整。
＃＃ 用法
1. 將指標加入您的圖表中
2. 根據需要調整輸入參數：
- 卷期 (2-5)
- ATR 週期（預設 14）
- 用於停損和止盈的 ATR 乘數
- EMA 週期（預設 200）
3. 監控買賣訊號
4. 使用提供的停損和停利水準進行風險管理
＃＃ 解釋
- 買進訊號表示價格可能上漲
- 賣出訊號表示價格可能下跌
- 在做出交易決策之前始終考慮其他因素並進行額外分析
## 限制
- 此指標可能會在波動或波動的市場中產生錯誤訊號
- 最好與其他技術分析工具和基本面分析結合使用
- 過去的表現並不能保證未來的結果
請記住，在實際交易中使用該指標之前，請根據歷史數據和各種市場條件徹底測試該指標。
Multi-Timeframe Trend IndicatorMulti-Timeframe Trend Indicator
The “Multi-Timeframe Trend Indicator” is a versatile tool designed to help traders identify trends across multiple timeframes using Exponential Moving Averages (EMAs). This indicator is suitable for both novice and experienced traders. It allows users to customize the lengths of the short and long EMAs, providing a clear visualization of the trend direction (UP, DOWN, SIDE) for various intervals including 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, and 4 hours. The indicator offers extensive customization options, enabling adjustments for table position, colors, and more to suit individual trading preferences.
How the Calculation Works
The Multi-Timeframe Trend Indicator uses EMAs to calculate trends. EMAs give more weight to recent prices, making them responsive to new information. The short EMA, calculated over a shorter period, reacts quickly to price changes, while the long EMA, calculated over a longer period, smooths out fluctuations to show the overall trend.
For each timeframe, the indicator calculates both the short EMA and the long EMA. If the short EMA is above the long EMA, the trend is considered “UP”. If the short EMA is below the long EMA, the trend is “DOWN”. If the absolute difference between the short and long EMAs is within a user-defined threshold, the trend is classified as “SIDE” (sideways).
This calculation is repeated for multiple timeframes: 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, and 4 hours. The results are displayed in a table, providing a comprehensive view of the trend direction across different timeframes.
How the Code Works
Input Parameters: Users can input the lengths of the short and long EMAs and the threshold for identifying sideways trends. These inputs allow for a high degree of customization to match individual trading strategies.
Trend Calculation Function: The trend function calculates the trend direction based on the EMAs. It uses the math.abs function to find the absolute difference between the EMAs and determines if the trend is “UP”, “DOWN”, or “SIDE” based on the threshold.
Requesting Data for Multiple Timeframes: The script uses the request.security function to fetch price data and calculate the EMAs for different timeframes independently of the current chart timeframe. This ensures consistency in trend analysis regardless of the displayed timeframe.
Creating and Updating the Table: A table is created to display the trend directions for each timeframe. The table’s position and appearance can be customized. The trend data for each timeframe is color-coded (green for UP, red for DOWN, gray for SIDE) and displayed in the table.
Customization Options: Users can customize the colors, table position, and EMA lengths through the indicator settings, providing flexibility to adapt the indicator to their trading style.
Disclaimer
This indicator is for informational purposes only and should not be considered financial advice. It does not predict future price movements and does not guarantee accurate trend calculations, as market conditions can vary. Trading involves substantial risk and is not suitable for everyone. Always conduct your own research before making any trading decisions.
VWMA Multiple TimeframesVWMA Multiple Timeframes Indicator
This TradingView indicator plots the Volume Weighted Moving Average (VWMA) across multiple timeframes on your chart. The VWMA is a type of moving average that gives more weight to periods with higher volume, making it a valuable tool for traders who want to incorporate volume into their technical analysis.
Features:
Multi-timeframe Analysis: This indicator calculates and plots the VWMA on five different timeframes:
Weekly (W)
Daily (D)
4 Hours (240 minutes)
1 Hour (60 minutes)
15 Minutes
Visual Representation: Each timeframe's VWMA is plotted with a different color, making it easy to distinguish between them on the chart:
Weekly VWMA: Gray
Daily VWMA: Blue
4 Hours VWMA: Red
1 Hour VWMA: Green
15 Minutes VWMA: Purple
How to Use:
Trend Identification: Use the VWMA to identify the direction of the trend on different timeframes. For example, if the VWMA is trending upwards on multiple timeframes, it indicates a strong upward trend.
Support and Resistance: The VWMA can act as dynamic support or resistance levels. Price bouncing off a VWMA line might indicate a continuation of the trend.
Volume Confirmation: The VWMA considers volume, making it useful for confirming the strength of price movements. High volume moves that cause the VWMA to change direction can be more significant than low volume moves.
This indicator is ideal for traders who use multi-timeframe analysis and want to incorporate volume into their trend and support/resistance identification. Feel free to customize the periods and timeframes to suit your trading style.
Normalized Hull Moving Average Oscillator w/ ConfigurationsThis indicator uniquely uses normalization techniques applied to the Hull Moving Average (HMA) and allows the user to choose between a number of different types of normalization, each with their own advantages. This indicator is one in a series of experiments I've been working on in looking at different methods of transforming data. In particular, this is a more usable example of the power of data transformation, as it takes the Hull Moving Average of Alan Hull and turns it into a powerful oscillating indicator.
The indicator offers multiple types of normalization, each with its own set of benefits and drawbacks. My personal favorites are the Mean Normalization , which turns the data series into one centered around 0, and the Quantile Transformation , which converts the data into a data set that is normally distributed.
I've also included the option of showing the mean, median, and mode of the data over the period specified by the length of normalization. Using this will allow you to gather additional insights into how these transformations affect the distribution of the data series.
Types of Normalization:
1. Z-Score
Overview: Standardizes the data by subtracting the mean and dividing by the standard deviation.
Benefits: Centers the data around 0 with a standard deviation of 1, reducing the impact of outliers.
Disadvantages: Works best on data that is normally distributed
Notes: Best used with a mid-longer length of transformation.
2. Min-Max
Overview: Scales the data to fit within a specified range, typically 0 to 1.
Benefits: Simple and fast to compute, preserves the relationships among data points.
Disadvantages: Sensitive to outliers, which can skew the normalization.
Notes: Best used with mid-longer length of transformation.
3. Mean Normalization
Overview: Subtracts the mean and divides by the range (max - min).
Benefits: Centers data around 0, making it easier to compare different datasets.
Disadvantages: Can be affected by outliers, which influence the range.
Notes: Best used with a mid-longer length of transformation.
4. Max Abs Scaler
Overview: Scales each feature by its maximum absolute value.
Benefits: Retains sparsity and is robust to large outliers.
Disadvantages: Only shifts data to the range , which might not always be desirable.
Notes: Best used with a mid-longer length of transformation.
5. Robust Scaler
Overview: Uses the median and the interquartile range for scaling.
Benefits: Robust to outliers, does not shift data as much as other methods.
Disadvantages: May not perform well with small datasets.
Notes: Best used with a longer length of transformation.
6. Feature Scaling to Unit Norm
Overview: Scales data such that the norm (magnitude) of each feature is 1.
Benefits: Useful for models that rely on the magnitude of feature vectors.
Disadvantages: Sensitive to outliers, which can disproportionately affect the norm. Not normally used in this context, though it provides some interesting transformations.
Notes: Best used with a shorter length of transformation.
7. Logistic Function
Overview: Applies the logistic function to squash data into the range .
Benefits: Smoothly compresses extreme values, handling skewed distributions well.
Disadvantages: May not preserve the relative distances between data points as effectively.
Notes: Best used with a shorter length of transformation. This feature is actually two layered, we first put it through the mean normalization to ensure that it's generally centered around 0.
8. Quantile Transformation
Overview: Maps data to a uniform or normal distribution using quantiles.
Benefits: Makes data follow a specified distribution, useful for non-linear scaling.
Disadvantages: Can distort relationships between features, computationally expensive.
Notes: Best used with a very long length of transformation.
Conclusion
This indicator is a powerful example into how normalization can alter and improve the usability of a data series. Each method offers unique insights and benefits, making this indicator a useful tool for any trader. Try it out, and don't hesitate to reach out if you notice any glaring flaws in the script, room for improvement, or if you just have questions.
No Lag SupertrendNo Lag Supertrend indicator improves upon the original supertrend by incorporating calculation methods that enhance responsiveness and accuracy. Traditional supertrend indicators often suffer from lag, which can delay signals and affect trading decisions. No Lag Supertrend addresses this issue through the use of KAMA (Kaufman’s Adaptive Moving Average) and Hull ATR (Average True Range) calculations.
Goals of No Lag Supertrend:
- Lag reduction: one of the main issues with traditional supertrend indicators is their lag, which can result in delayed entry and exit signals. By integrating KAMA and Hull ATR, the no lag supertrend minimizes this delay, providing more timely signals.
- Market Noise Filtering: The combined use of KAMA and Hull ATR effectively filters out market noise, ensuring that signals are based on significant price movements rather than minor fluctuations.
- Consistency Across Different Market Conditions: The adaptive nature of KAMA and the smooth responsiveness of Hull ATR ensure that the No Lag Supertrend performs consistently across various market conditions, from trending to volatile markets.
Credits: This code is based on the TradingView supertrend but improved the ATR calculations.
Perfect Order Alert USDJPY/BTCUSD/XAUUSDPerfect Order Alert USDJPY/BTCUSD/XAUUSD 日本語解説は下記
This indicator detects the perfect order of three moving averages and displays on the Panel in an easy-to-understand visual manner whether there is an uptrend, downtrend, or non-trend for each time leg.
This indicator detects perfect orders for the three currency pairs USDJPY/BTCUSD/XAUUSD on the 5-minute, 15-minute, 1-hour, and 4-hour time frames, and displays them on the Panel on the chart, with “▲” for up, “▼” for down, and “ー” for non-trend, so that you can quickly determine the trend. The panel is displayed on the chart.
In order to check for perfect orders without missing them, it is also possible to set up alerts that notify you of all the time frames and currency pairs as well.
Functions
Displaying 4H, 1H, 15M, 5M, up (▲), down (▼), other (-), of USDJPY/BTCUSD/XAUUSD on the panel.
*(By default, 20EMA, 75EMA, and 200EMA are hidden.)
Display position setting of the panel (You can choose from upper left, upper top, upper right, lower left, lower bottom, or lower right).
Panel color and text color change function
The moving average line can be hidden by default.
Moving average period change
Moving average color and thickness can be changed.
EMA/SMA switchable
Alert function - One alert can be set for each currency pair and time frame ▲▼, which is very useful.
Perfect Order Alert
You can use it even if you have a free account with only one alert setting.
To use the alert function, go to the Tradingview default alert settings, select “USDJPY/BTCUSD/XAUUSD” for the top item of conditions, and select “Call Alert() function” in the frame just below it!
_* Supplementary explanation: ＿＿＿＿＿＿＿＿＿＿＿＿
Please note that due to the limitation of the script, only 3 currency pairs and 4 time frames are displayed with 12 items (Panels for currency pairs other than USDJPY/BTCUSD/XAUUSD are also created, but they are indicators for other scripts, so if you are interested in other currency pairs, please use those. If you are interested in other currency pairs, please use them.)
Please note that we may change the functions or delete the indicator itself without prior notice.
Translated with DeepL.com (free version)
Reference image of the setting screenReference image of the setting screen
設定画面参考画像
3本の移動平均線のパーフェクトオーダーを検知し、時間足ごとに上昇トレンドか下降トレンドかノントレンドかを視覚的にわかりやすくPanelに表示するインジゲーターです。
このインジゲーターは、USDJPY/BTCUSD/XAUUSDの３通貨ペアの５分足、15分足、１時間足、４時間足のパーフェクトオーダーを検知して、チャートに表示されるPanelに、上昇は「▲」下降は「▼」ノントレンドは「ー」と、すぐに判断できる表示にしてあります。
パーフェクトオーダーを逃さずチェックできるように、それぞれの時間足や通貨ペアも全てを通知してくれるアラート設定が可能なのも特徴です。
機能紹介
・USDJPY/BTCUSD/XAUUSDの4H,1H,15M,5M,の上昇(▲),下降(▼),その他(-),をパネルに表示
※(デフォルトでは20EMA,75EMA,200EMAの３本で非表示にしてあります）
・パネルの表示位置設定（左上、上、右上、左下、下、右下、から選択できます。）
・パネルの色とテキスト色変更機能
・移動平均線表示非表示機能（デフォルトでは表示OFFにしてあります。）
・移動平均線期間変更
・移動平均線色と太さ変更
・EMA/SMA切り替え可能
・アラート機能ー１つのアラート設定で通貨ペアと時間足▲▼一つ一つを細かく教えてくれるので便利。
※パーフェクト オーダーアラート
無料アカウントで１つしかアラート設定できなくても使えます。
アラート機能はTradingviewデフォルトのアラート設定から、条件の一番上の項目を「USDJPY/BTCUSD/XAUUSD」選択、そのすぐ下の枠に「Alert()関数の呼び出し」を選択でOK！
＿※ 補足説明＿＿＿＿＿＿＿＿＿＿＿＿
・スクリプトの制限の為、３通貨ペアと４つの時間足の１２項目で表示させていますのでご了承ください
(USDJPY/BTCUSD/XAUUSD以外の通貨ペアのPanelも作成していますが別スクリプトのインジゲーターになりますので他の通貨ペアも興味がある方はそちらをお使いください）
・予告なしで機能の変更やインジゲーター自体の削除等行う事もあるかもなのでご了承ください。
SOL & BTC EMA with BTC/SOL Price Difference % and BTC Dom EMAThis script is designed to provide traders with a comprehensive analysis of Solana (SOL) and Bitcoin (BTC) by incorporating Exponential Moving Averages (EMAs) and price difference percentages. It also includes the BTC Dominance EMA to offer insights into the overall market dominance of Bitcoin.
Features:
SOL EMA: Plots the Exponential Moving Average (EMA) for Solana (SOL) based on a customizable period length.
BTC EMA: Plots the Exponential Moving Average (EMA) for Bitcoin (BTC) based on a customizable period length.
BTC Dominance EMA: Plots the Exponential Moving Average (EMA) for BTC Dominance, which helps in understanding Bitcoin's market share relative to other cryptocurrencies.
BTC/SOL Price Difference %: Calculates and plots the percentage difference between BTC and SOL prices, adjusted for their respective EMAs. This helps in identifying relative strength or weakness between the two assets.
Background Highlight: Colors the background to visually indicate whether the BTC/SOL price difference percentage is positive (green) or negative (red), aiding in quick decision-making.
Inputs:
SOL Ticker: Symbol for Solana (default: BINANCE
).
BTC Ticker: Symbol for Bitcoin (default: BINANCE
).
BTC Dominance Ticker: Symbol for Bitcoin Dominance (default: CRYPTOCAP
.D).
EMA Length: The length of the EMA (default: 20 periods).
Usage:
This script is intended for traders looking to analyze the relationship between SOL and BTC, using EMAs to smooth out price data and highlight trends. The BTC/SOL price difference percentage can help traders identify potential trading opportunities based on the relative movements of SOL and BTC.
Note: Leverage trading involves significant risk and may not be suitable for all investors. Ensure you have a good understanding of the market conditions and employ proper risk management techniques.
Trend DetectorThe Trend Detector indicator is a powerful tool to help traders identify and visualize market trends with ease. This indicator uses multiple moving averages (MAs) of different timeframes to provide a comprehensive view of market trends, making it suitable for traders of all experience levels.
█ USAGE
This indicator will automatically plot the chosen moving averages (MAs) on your chart, allowing you to visually assess the trend direction. Additionally, a table displaying the trend data for each selected MA timeframe is included to provide a quick overview.
█ FEATURES
1. Customizable Moving Averages: The indicator supports various types of moving averages, including Simple (SMA) , Exponential (EMA) , Smoothed (RMA) , Weighted (WMA) , and Volume-Weighted (VWMA) . You can select the type and length for each MA.
2. Multiple Timeframes: Plot moving averages for different timeframes on a single chart, including fast (short-term) , mid (medium-term) , and slow (long-term) MAs.
3. Trend Detector Table: A customizable table displays the trend direction (Up or Down) for each selected MA timeframe, providing a quick and easy way to assess the market's overall trend.
4. Customizable Appearance: Adjust the colors, frame, border, and text of the Trend Detector Table to match your chart's style and preferences.
5. Wait for Timeframe Close: Option to wait until the selected timeframe closes to plot the MA, which will remove the gaps.
█ CONCLUSION
The Trend Detector indicator is a versatile and user-friendly tool designed to enhance your trading strategy. By providing a clear visualization of market trends across multiple timeframes, this indicator helps you make informed trading decisions with confidence and trade with the market trend. Whether you're a day trader or a long-term investor, this indicator is an essential addition to your trading toolkit.
█ IMPORTANT
This indicator is a tool to aid in your analysis and should not be used as the sole basis for trading decisions. It is recommended to use this indicator in conjunction with other tools and perform comprehensive market analysis before making any trades.
Happy trading!
