Custom RSI- Ashish SinghThe RSI Buy Above 60 and Sell Below 40 strategy is a trading approach based on the Custom RSI Indicator, which focuses on momentum shifts in the 40-60 range. Here's how it operates:
Buy Above 60:
Condition: When the RSI crosses above 60, it signals increasing bullish momentum.
Interpretation: The market is transitioning into a strong upward trend, suggesting a potential buying opportunity.
Execution:
Enter a buy position when the RSI value exceeds 60.
Confirm the signal using other technical tools (e.g., volume analysis, support/resistance levels).
Consider setting a stop-loss below a recent support level or below the 40 RSI level as a safeguard.
Sell Below 40:
Condition: When the RSI drops below 40, it indicates growing bearish momentum.
Interpretation: The market is entering a downtrend, making it an opportune moment to sell or short.
Execution:
Enter a sell position (or close long positions) when the RSI value falls below 40.
Confirm the signal with complementary analysis (e.g., trendlines, bearish candlestick patterns).
Place a stop-loss above a recent resistance level or above the 60 RSI level for risk management.
Key Considerations:
Avoiding Whipsaws:
In sideways or low-volatility markets, this strategy may generate false signals. Use additional filters like moving averages or Bollinger Bands to confirm trends.
Exit Strategies:
Consider exiting positions when the RSI reverts to the opposite threshold (e.g., sell when RSI drops below 60 after a buy, or buy back when RSI climbs above 40 after a sell).
Use trailing stops to lock in profits during strong trends.
Combining with Other Tools:
Pair the RSI signals with broader trend indicators like the MACD or Moving Averages to avoid acting on weak trends.
Risk Management:
Always define risk limits and position sizes to protect capital, particularly in volatile markets.
Example:
Buy Scenario: If the RSI rises from 58 to 62, confirming bullish momentum, initiate a long position. Exit the trade if the RSI falls back below 60 or based on a pre-defined profit target.
Sell Scenario: If the RSI drops from 42 to 38, signaling bearish momentum, initiate a short position. Exit the trade if the RSI climbs back above 40 or hits a stop-loss.
This simple yet effective strategy can provide clear entry and exit points when applied with discipline and supported by other market analysis tools.
Wskaźniki i strategie
Simple Technical DashboardSimple Technical Dashboard is a comprehensive Pine Script indicator designed for rapid market analysis on TradingView charts. It presents a color-coded table in the top-right corner of the chart, enabling traders to instantly assess market conditions through multiple technical indicators. The dashboard operates as a chart overlay, providing real-time status updates for the selected trading symbol without interfering with the main price action display.
Key features include
- dynamic monitoring of three exponential moving averages (20, 50, and 200-period EMA)
- RSI with a 14-period setting
- MACD using standard parameters (12, 26, 9)
- Stochastic oscillator with 3-period smoothing.
Each indicator's status is displayed through an intuitive color scheme where
- green represents bullish conditions
- red indicates bearish signals.
The dashboard simplifies complex technical analysis by converting multiple indicators into clear visual signals, making it particularly valuable for quick market assessment and trade decision validation.
Forward P/EThe Forward P/E indicator calculates and visualizes the forward price-to-earnings (P/E) ratio of a stock based on its most recent quarterly earnings per share (EPS) and the current market price.
Key Features:
Quarterly EPS Data: The script retrieves the diluted EPS for the most recent fiscal quarter (FQ) of the selected stock using financial data.
Annualized EPS: The quarterly EPS is multiplied by four to estimate the annualized EPS, assuming consistent earnings throughout the year.
Forward P/E Calculation: The forward P/E is derived by dividing the stock's current closing price by its annualized EPS.
Visualization: The calculated forward P/E ratio is plotted for easy interpretation.
Reference Line: An optional horizontal reference line at 0 helps quickly identify when the P/E ratio becomes invalid or potentially negative due to anomalies in EPS data.
This tool is useful for investors and traders seeking to evaluate a stock's valuation relative to its projected earnings, helping identify potentially overvalued or undervalued opportunities.
Breadth of Volatility The Breadth of Volatility (BoV) is an indicator designed to help traders understand the activity and volatility of the market. It focuses on analyzing how fast prices are moving and how much trading volume is driving those movements. By combining these two factors—price speed and volume strength—the BoV provides a single value that reflects the current level of market activity. This can help traders identify when the market is particularly active or calm, which is useful for planning trading strategies.
The speed component of the BoV measures how quickly prices are moving compared to their recent average. This is done by using a metric called the Average True Range (ATR), which calculates the typical size of price movements over a specific period. The BoV compares the current price change to this average, showing whether the market is moving faster or slower than usual. Faster price movements generally indicate higher volatility, which might signal opportunities for active traders.
The strength component focuses on the role of trading volume in price changes. It multiplies the trading volume by the size of the price movement to create a value called volume strength. This value is then compared to the highest volume strength seen over a recent period, which helps gauge whether the current price action is being strongly supported by trading activity. When the strength value is high, it suggests that market participants are actively trading and supporting the price movement.
These two components—speed and strength—are averaged to calculate the Breadth of Volatility value. While the formula also includes a placeholder for a third component (related to fundamental analysis), it is currently inactive and does not influence the final value. The BoV is displayed as a line on a chart, with a zero line for reference. Positive BoV values indicate heightened market activity and volatility, while values near zero suggest a quieter market. This indicator is particularly helpful for new traders to monitor market conditions and adjust their strategies accordingly, whether they’re focusing on trend-following or waiting for calmer periods for more conservative trades.
Important Notice:
Trading financial markets involves significant risk and may not be suitable for all investors. The use of technical indicators like this one does not guarantee profitable results. This indicator should not be used as a standalone analysis tool. It is essential to combine it with other forms of analysis, such as fundamental analysis, risk management strategies, and awareness of current market conditions. Always conduct thorough research or consult with a qualified financial advisor before making trading decisions. Past performance is not indicative of future results.
Disclaimer:
Trading financial instruments involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. This indicator is provided for informational and educational purposes only and should not be considered investment advice. Always conduct your own research and consult with a licensed financial professional before making any trading decisions.
Note: The effectiveness of any technical indicator can vary based on market conditions and individual trading styles. It's crucial to test indicators thoroughly using historical data and possibly paper trading before applying them in live trading scenarios.
Fair Value Gap DetectorHow this indicator works:
It detects two types of FVGs:
Bullish FVG: Occurs when the low of the current candle is higher than the high of the candle from 2 bars ago (creates an upward gap)
Bearish FVG: Occurs when the high of the current candle is lower than the low of the candle from 2 bars ago (creates a downward gap)
Features:
Allows users to toggle both bullish and bearish FVG detection independently
Customizable colors for both bullish (default green) and bearish (default red) FVGs
Visualizes FVGs using:
Boxes that highlight the gap area (with 80% transparency)
Labels that mark each FVG ("Bull FVG" or "Bear FVG")
Visual representation:
Bullish FVGs are marked with green boxes and downward-pointing labels
Bearish FVGs are marked with red boxes and upward-pointing labels
This indicator can be useful for :
Identifying potential areas where price might return to
Finding potential support and resistance zones
Understanding market structure and momentum shifts
BK BB Horizontal LinesIndicator Description:
I am incredibly proud and excited to share my second indicator with the TradingView community! This tool has been instrumental in helping me optimize my positioning and maximize my trades.
Bollinger Bands are a critical component of my trading strategy. I designed this indicator to work seamlessly alongside my previously introduced tool, "BK MA Horizontal Lines." This indicator focuses specifically on the Daily Bollinger Bands, applying horizontal lines to the bands for clarity and ease of use. The settings are fully adjustable to suit your preferences and trading style.
If you find success with this indicator, I kindly ask that you give back in some way through acts of philanthropy, helping others in the best way you see fit.
Good luck to everyone, and always remember: God gives us everything. May all the glory go to the Almighty!
MA 200 and Bollinger Bands StrategyNamaku Alfian, aku wong jawa timur, gawe en lek menurutmu cocok, lek engga yo ojo dielek2no, iki mek gae testing tok, aku yo butuh duit su
ALMA Crossover StrategyALMA (Arnaud Legoux Moving Average) is a type of moving average that attempts to reduce the lag of traditional moving averages while still being responsive to recent price changes. It is based on a weighted average. Strategy has user defined line length and can be adjusted to suit the trader's preference.
The script is purely for educational purposes and you are advised to backtest before using for trading
Dragonfly and Gravestone Doji with S/RThis is a single Pine Script indicator to identify both Dragonfly Doji (bullish reversal) and Gravestone Doji (bearish reversal) on the same chart. This script will mark the patterns with labels and symbols for easier identification
Vertical Lines on Every 25th CandleTime analysis strategy by Nabajit Hazarika ..... Time analysis strategy by Nabajit Hazarika
MACD + RSI Future Signals//@version=5
indicator("MACD + RSI Future Signals", overlay=true)
// تنظیمات مکدی
macdShortTerm = input.int(12, title="MACD Short Term")
macdLongTerm = input.int(26, title="MACD Long Term")
macdSignal = input.int(9, title="MACD Signal Line")
= ta.macd(close, macdShortTerm, macdLongTerm, macdSignal)
macdHist = macdLine - signalLine
// تنظیمات آر اس آی
rsiPeriod = input.int(14, title="RSI Period")
rsiValue = ta.rsi(close, rsiPeriod)
// تنظیمات پیشبینی
predictBars = input.int(10, title="Predict Bars Ahead")
// سیگنال خرید و فروش بر اساس MACD و RSI
buySignal = macdHist > 0 and rsiValue < 30
sellSignal = macdHist < 0 and rsiValue > 70
// رسم سیگنالهای خرید و فروش
plotshape(buySignal, color=color.green, style=shape.labelup, location=location.belowbar, text="BUY")
plotshape(sellSignal, color=color.red, style=shape.labeldown, location=location.abovebar, text="SELL")
// متغیرهای پیشبینی روند
var float predictedBuy = na
var float predictedSell = na
var line buyLine = na
var line sellLine = na
// محاسبه پیشبینی روند بر اساس سیگنالها
if (buySignal)
predictedBuy := close + (ta.ema(macdLine, macdShortTerm) * 0.1) // پیشبینی روند خرید
// رسم خط پیشبینی خرید
if (not na(buyLine))
line.delete(buyLine) // حذف خط قبلی
buyLine := line.new(x1=bar_index, y1=close, x2=bar_index + predictBars, y2=predictedBuy, color=color.green, width=2, style=line.style_dashed)
if (sellSignal)
predictedSell := close - (ta.ema(macdLine, macdLongTerm) * 0.1) // پیشبینی روند فروش
// رسم خط پیشبینی فروش
if (not na(sellLine))
line.delete(sellLine) // حذف خط قبلی
sellLine := line.new(x1=bar_index, y1=close, x2=bar_index + predictBars, y2=predictedSell, color=color.red, width=2, style=line.style_dashed)
// نمایش توضیحات در قسمت اطلاعات
plotchar(buySignal, title="Buy Signal", char='↑', location=location.belowbar, color=color.green)
plotchar(sellSignal, title="Sell Signal", char='↓', location=location.abovebar, color=color.red)
6 Bollinger BandsYou can display 6 BB. It’s simple, so feel free to adjust it as you like. Your support would be a great motivator for creating new indicators.
6本のBBを表示できます。
シンプルですので、ご自由に調整してください。
応援頂けると新たなインジケーター作成の糧になります。
Nahum - ZLSMA for Telegram [Nahum81]Este indicador ZLSMA (Zero Lag Least Squares Moving Average) proporciona una media móvil con un retraso casi nulo, lo que permite identificar la dirección de la tendencia de forma instantánea.
Características:
Alertas de Telegram: Recibe notificaciones en tiempo real en tu Telegram cuando se produzcan señales de compra o venta.
Integración con Telegram: Conéctate fácilmente a tu cuenta de Telegram para recibir alertas.
Configuración personalizable: Ajusta los parámetros del indicador y las alertas a tu estrategia de trading.
Advertencia:
Este indicador debe usarse con precaución.
Se recomienda contactar al desarrollador (@Nahum81) para comprender completamente la estrategia y su uso adecuado.
El trading implica riesgos y este indicador no garantiza ganancias.
Crypto Trading BotFirst attempt at creating a Trading bot that uses 21 and 200 emas, stochastic rsi, smart money concepts (Choch & BOS), and trendline.
Needs some tweaking for sure. any advice would be greatly appreciated.
Strategies 71% Profit / Scalping by Jasson+FuturosMake the most of it, Time: 10:00am A 12:00pm (New-York).
Percentual Variation This script is an indicator for plotting percentage-based lines using the previous day's closing price. It is useful for traders who want to visualize support and resistance levels derived from predefined percentages. Here's what the script does:
Calculates percentage levels:
It uses the previous day's closing price to calculate two positive levels (above the close) and two negative levels (below the close) based on fixed percentages:
+0.25% and +0.50% (above the close).
-0.25% and -0.50% (below the close).
Plots the lines on the chart:
Draws four horizontal lines representing the calculated levels:
Green lines indicate levels above the closing price.
Red lines indicate levels below the closing price.
Displays labels on the chart:
Adds labels near the lines showing the corresponding percentage, such as "+0.25%", "+0.50%", "-0.25%", and "-0.50%".
This script provides a clear visual representation of key percentage-based levels, which can be used as potential entry, exit, or target points in trading strategies.
Relative Strength IndexRelative Strength Index
The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security.
Cripto Indicator SwingTradeInclui em um único indicador vários métodos visando ajudar aqueles que usam a conta free do tradingview e somente podem ter dois indicadores simultaneamente nos graficos.
EMA
AMA
Pivot
Super Trend
Nuvem de Ishimoku
MA 20, 50, 200//@version=5
indicator("MA 20, 50, 100", overlay=true)
// Calculate the 20-period, 50-period, and 100-period Simple Moving Averages
ma20 = ta.sma(close, 20)
ma50 = ta.sma(close, 50)
ma100 = ta.sma(close, 200)
// Plot the moving averages on the chart
plot(ma20, color=color.red, linewidth=2, title="MA 20")
plot(ma50, color=color.green, linewidth=2, title="MA 50")
plot(ma100, color=color.blue, linewidth=2, title="MA 200")
HPDR Bands IndicatorThe HPDR Bands indicator is a customizable tool designed to help traders visualize dynamic price action zones. By combining historical price ranges with adaptive bands, this script provides clear insights into potential support, resistance, and midline levels. The indicator is well-suited for all trading styles, including trend-following and range-bound strategies.
Features:
Dynamic Price Bands: Calculates price zones based on historical highs and lows, blending long-term and short-term price data for responsive adaptation to current market conditions.
Probability Enhancements: Includes a probability plot derived from the relative position of the closing price within the range, adjusted for volatility to highlight potential price movement scenarios.
Fibonacci-Like Levels: Highlights key levels (100%, 95%, 88%, 78%, 61%, 50%, and 38%) for intuitive visualization of price zones, aiding in identifying high-probability trading opportunities.
Midline Visualization: Displays a midline that serves as a reference for price mean reversion or breakout analysis.
How to Use:
Trending Markets: Use the adaptive upper and lower bands to gauge potential breakout or retracement zones.
Range-Bound Markets: Identify support and resistance levels within the defined price range.
Volatility Analysis: Observe the probability plot and its sensitivity to volatility for informed decision-making.
Important Notes:
This script is not intended as investment advice. It is a tool to assist with market analysis and should be used alongside proper risk management and other trading tools.
The script is provided as-is and without warranty. Users are encouraged to backtest and validate its suitability for their specific trading needs.
Happy Trading!
If you find this script helpful, consider sharing your feedback or suggestions for improvement. Collaboration strengthens the TradingView community, and your input is always appreciated!
Multi SMA EMA VWAP1. Moving Average Crossover
This is one of the most common strategies with moving averages, and it involves observing crossovers between EMAs and SMAs to determine buy or sell signals.
Buy signal: When a faster EMA (like a short-term EMA) crosses above a slower SMA, it can indicate a potential upward movement.
Sell signal: When a faster EMA crosses below a slower SMA, it can indicate a potential downward movement.
With 4 EMAs and 5 SMAs, you can set up crossovers between different combinations, such as:
EMA(9) crosses above SMA(50) → buy.
EMA(9) crosses below SMA(50) → sell.
2. Divergence Confirmation Between EMAs and SMAs
Divergence between the EMAs and SMAs can offer additional confirmation. If the EMAs are pointing in one direction and the SMAs are still in the opposite direction, it is a sign that the movement could be stronger and continue in the same direction.
Positive divergence: If the EMAs are making new highs while the SMAs are still below, it could be a sign that the market is in a strong trend.
Negative divergence: If the EMAs are making new lows and the SMAs are still above, you might consider that the market is in a downtrend or correction.
3. Using EMAs as Dynamic Support and Resistance
EMAs can act as dynamic support and resistance in strong trends. If the price approaches a faster EMA from above and doesn’t break it, it could be a good entry point for a long position (buy). If the price approaches a slower EMA from below and doesn't break it, it could be a good point to sell (short).
Buy: If the price is above all EMAs and approaches the fastest EMA (e.g., EMA(9)), it could be a good buy point if the price bounces upward.
Sell: If the price is below all EMAs and approaches the fastest EMA, it could be a good sell point if the price bounces downward.
4. Combining SMAs and EMAs to Filter Signals
SMAs can serve as a trend filter to avoid trading in sideways markets. For example:
Bullish trend condition: If the longer-term SMAs (such as SMA(100) or SMA(200)) are below the price, and the shorter EMAs are aligned upward, you can look for buy signals.
Bearish trend condition: If the longer-term SMAs are above the price and the shorter EMAs are aligned downward, you can look for sell signals.
5. Consolidation Zone Between EMAs and SMAs
When the price moves between EMAs and SMAs without a clear trend (consolidation zone), you can expect a breakout. In this case, you can use the EMAs and SMAs to identify the direction of the breakout:
If the price is in a narrow range between the EMAs and SMAs and then breaks above the fastest EMA, it’s a sign that an upward trend may begin.
If the price breaks below the fastest EMA, it could indicate a potential downward trend.
6. "Golden Cross" and "Death Cross" Strategy
These are classic strategies based on crossovers between moving averages of different periods.
Golden Cross: Occurs when a faster EMA (e.g., EMA(50)) crosses above a slower SMA (e.g., SMA(200)), which suggests a potential bullish trend.
Death Cross: Occurs when a faster EMA crosses below a slower SMA, which suggests a potential bearish trend.
Additional Recommendations:
Combining with other indicators: You can combine EMA and SMA signals with other indicators like the RSI (Relative Strength Index) or MACD (Moving Average Convergence/Divergence) for confirmation and to avoid false signals.
Risk management: Always use stop-loss and take-profit orders to protect your capital. Moving averages are trend-following indicators but don’t guarantee that the price will move in the same direction.
Timeframe analysis: It’s recommended to use different timeframes to confirm the trend (e.g., use EMAs on hourly charts along with SMAs on daily charts).
VWAP
1. VWAP + EMAs for Trend Confirmation
VWAP can act as a trend filter, confirming the direction provided by the EMAs.
Buy Signal: If the price is above the VWAP and the EMAs are aligned in an uptrend (e.g., short-term EMAs are above longer-term EMAs), this indicates that the trend is bullish and you can look for buy opportunities.
Sell Signal: If the price is below the VWAP and the EMAs are aligned in a downtrend (e.g., short-term EMAs are below longer-term EMAs), this suggests a bearish trend and you can look for sell opportunities.
In this case, VWAP is used to confirm the overall trend. For example:
Bullish: Price above VWAP, EMAs aligned to the upside (e.g., EMA(9) > EMA(50) > EMA(200)), buy.
Bearish: Price below VWAP, EMAs aligned to the downside (e.g., EMA(9) < EMA(50) < EMA(200)), sell.
2. VWAP as Dynamic Support and Resistance
VWAP can act as a dynamic support or resistance level during the day. Combining this with EMAs and SMAs helps you refine your entry and exit points.
Support: If the price is above VWAP and starts pulling back to VWAP, it could act as support. If the price bounces off the VWAP and aligns with bullish EMAs (e.g., EMA(9) crossing above EMA(50)), you can consider entering a buy position.
Resistance: If the price is below VWAP and approaches VWAP from below, it can act as resistance. If the price fails to break through VWAP and aligns with bearish EMAs (e.g., EMA(9) crossing below EMA(50)), it could be a good signal for a sell.
