Quad CCI ContainmentThe Quad CCI is a trend identification indicator described by Mark Whistler in his book 'Volatility Illuminated'. The reason for using four separate CCI channels is so that we can:
Prevent ourselves from taking positions against momentum.
Time our trades with short-term 'wrist-rocket' thrust from the larger market momentum.
Clearly determine whether the trend is up, down, or sideways.
In his book, Whistler refers to four CCI channels as 'The Four Horsemen'. The 100 and 200 are like big burly swordsmen, which are hard to budge without significant force. The 50-period CCI is more like the guy who's fast on his feet, but still tough enough to take on the big dudes. And the 14-period is similar to the scout of the party. The fastest of the bunch, but also the first to turn-tail at any sign of danger.
Basically, this means that when we see the 100 and 200-CCI stay above the 0 line, we can infer there really isn't any reason for them to move out of their range. The 50-period CCI will sometimes venture over the 0-line, before the hefty battlers. However, the 14-period will often venture (quickly) way out into the yonder, and he will always return to tell his pals what he's found. Crossing back over the 100-line, traders can take 'rocket trend reentry' positions (usually on the median); however, we still want to keep an eye on the flighty 14-period CCI character. If he crosses back over the +100 or -100 level he was just scouting, it means the larger weighted CCI lines could soon to follow too, as the whole bunch runs from larger momentum on the way.
Traders seeking to take a position 'with the trend' can attempt to purchase pullbacks on the mean if:
Longer-term CCI (at least the 200 and 100) are above zero.
The 50-period CCI is not below -100.
The 14-period travels back up from underneath the -100 area.
Wyszukaj w skryptach "富时中国50期指"
Delta Volume Columns Pro [LucF]█ OVERVIEW
This indicator displays volume delta information calculated with intrabar inspection on historical bars, and feed updates when running in realtime. It is designed to run in a pane and can display either stacked buy/sell volume columns or a signal line which can be calculated and displayed in many different ways.
Five different models are offered to reveal different characteristics of the calculated volume delta information. Many options are offered to visualize the calculations, giving you much leeway in morphing the indicator's visuals to suit your needs. If you value delta volume information, I hope you will find the time required to master Delta Volume Columns Pro well worth the investment. I am confident that if you combine a proper understanding of the indicator's information with an intimate knowledge of the volume idiosyncrasies on the markets you trade, you can extract useful market intelligence using this tool.
█ WARNINGS
1. The indicator only works on markets where volume information is available,
Please validate that your symbol's feed carries volume information before asking me why the indicator doesn't plot values.
2. When you refresh your chart or re-execute the script on the chart, the indicator will repaint because elapsed realtime bars will then recalculate as historical bars.
3. Because the indicator uses different modes of calculation on historical and realtime bars, it's critical that you understand the differences between them. Details are provided further down.
4. Calculations using intrabar inspection on historical bars can only be done from some chart timeframes. See further down for a list of supported timeframes.
If the chart's timeframe is not supported, no historical volume delta will display.
█ CONCEPTS
Chart bars
Three different types of bars are used in charts:
1. Historical bars are bars that have already closed when the script executes on them.
2. The realtime bar is the current, incomplete bar where a script is running on an open market. There is only one active realtime bar on your chart at any given time.
The realtime bar is where alerts trigger.
3. Elapsed realtime bars are bars that were calculated when they were realtime bars but have since closed.
When a script re-executes on a chart because the browser tab is refreshed or some of its inputs are changed, elapsed realtime bars are recalculated as historical bars.
Why does this indicator use two modes of calculation?
Historical bars on TradingView charts contain OHLCV data only, which is insufficient to calculate volume delta on them with any level of precision. To mine more detailed information from those bars we look at intrabars , i.e., bars from a smaller timeframe (we call it the intrabar timeframe ) that are contained in one chart bar. If your chart Is running at 1D on a 24x7 market for example, most 1D chart bars will contain 24 underlying 1H bars in their dilation. On historical bars, this indicator looks at those intrabars to amass volume delta information. If the intrabar is up, its volume goes in the Buy bin, and inversely for the Sell bin. When price does not move on an intrabar, the polarity of the last known movement is used to determine in which bin its volume goes.
In realtime, we have access to price and volume change for each update of the chart. Because a 1D chart bar can be updated tens of thousands of times during the day, volume delta calculations on those updates is much more precise. This precision, however, comes at a price:
— The script must be running on the chart for it to keep calculating in realtime.
— If you refresh your chart you will lose all accumulated realtime calculations on elapsed realtime bars, and the realtime bar.
Elapsed realtime bars will recalculate as historical bars, i.e., using intrabar inspection, and the realtime bar's calculations will reset.
When the script recalculates elapsed realtime bars as historical bars, the values on those bars will change, which means the script repaints in those conditions.
— When the indicator first calculates on a chart containing an incomplete realtime bar, it will count ALL the existing volume on the bar as Buy or Sell volume,
depending on the polarity of the bar at that point. This will skew calculations for that first bar. Scripts have no access to the history of a realtime bar's previous updates,
and intrabar inspection cannot be used on realtime bars, so this is the only to go about this.
— Even if alerts only trigger upon confirmation of their conditions after the realtime bar closes, they are repainting alerts
because they would perhaps not have calculated the same way using intrabar inspection.
— On markets like stocks that often have different EOD and intraday feeds and volume information,
the volume's scale may not be the same for the realtime bar if your chart is at 1D, for example,
and the indicator is using an intraday timeframe to calculate on historical bars.
— Any chart timeframe can be used in realtime mode, but plots that include moving averages in their calculations may require many elapsed realtime bars before they can calculate.
You might prefer drastically reducing the periods of the moving averages, or using the volume columns mode, which displays instant values, instead of the line.
Volume Delta Balances
This indicator uses a variety of methods to evaluate five volume delta balances and derive other values from those balances. The five balances are:
1 — On Bar Balance : This is the only balance using instant values; it is simply the subtraction of the Sell volume from the Buy volume on the bar.
2 — Average Balance : Calculates a distinct EMA for both the Buy and Sell volumes, and subtracts the Sell EMA from the Buy EMA.
3 — Momentum Balance : Starts by calculating, separately for both Buy and Sell volumes, the difference between the same EMAs used in "Average Balance" and
an SMA of double the period used for the "Average Balance" EMAs. The difference for the Sell side is subtracted from the difference for the Buy side,
and an RSI of that value is calculated and brought over the −50/+50 scale.
4 — Relative Balance : The reference values used in the calculation are the Buy and Sell EMAs used in the "Average Balance".
From those, we calculate two intermediate values using how much the instant Buy and Sell volumes on the bar exceed their respective EMA — but with a twist.
If the bar's Buy volume does not exceed the EMA of Buy volume, a zero value is used. The same goes for the Sell volume with the EMA of Sell volume.
Once we have our two intermediate values for the Buy and Sell volumes exceeding their respective MA, we subtract them. The final "Relative Balance" value is an ALMA of that subtraction.
The rationale behind using zero values when the bar's Buy/Sell volume does not exceed its EMA is to only take into account the more significant volume.
If both instant volume values exceed their MA, then the difference between the two is the signal's value.
The signal is called "relative" because the intermediate values are the difference between the instant Buy/Sell volumes and their respective MA.
This balance flatlines when the bar's Buy/Sell volumes do not exceed their EMAs, which makes it useful to spot areas where trader interest dwindles, such as consolidations.
The smaller the period of the final value's ALMA, the more easily you will see the balance flatline. These flat zones should be considered no-trade zones.
5 — Percent Balance : This balance is the ALMA of the ratio of the "On Bar Balance" value, i.e., the volume delta balance on the bar (which can be positive or negative),
over the total volume for that bar.
From the balances and marker conditions, two more values are calculated:
1 — Marker Bias : It sums the up/down (+1/‒1) occurrences of the markers 1 to 4 over a period you define, so it ranges from −4 to +4, times the period.
Its calculation will depend on the modes used to calculate markers 3 and 4.
2 — Combined Balances : This is the sum of the bull/bear (+1/−1) states of each of the five balances, so it ranges from −5 to +5.
█ FEATURES
The indicator has two main modes of operation: Columns and Line .
Columns
• In Columns mode you can display stacked Buy/Sell volume columns.
• The buy section always appears above the centerline, the sell section below.
• The top and bottom sections can be colored independently using eight different methods.
• The EMAs of the Buy/Sell values can be displayed (these are the same EMAs used to calculate the "Average Balance").
Line
• Displays one of seven signals: the five balances or one of two complementary values, i.e., the "Marker Bias" or the "Combined Balances".
• You can color the line and its fill using independent calculation modes to pack more information in the display.
You can thus appraise the state of 3 different values using the line itself, its color and the color of its fill.
• A "Divergence Levels" feature will use the line to automatically draw expanding levels on divergence events.
Default settings
Using the indicator's default settings, this is the information displayed:
• The line is calculated on the "Average Balance".
• The line's color is determined by the bull/bear state of the "Percent Balance".
• The line's fill gradient is determined by the advances/declines of the "Momentum Balance".
• The orange divergence dots are calculated using discrepancies between the polarity of the "On Bar Balance" and the chart's bar.
• The divergence levels are determined using the line's level when a divergence occurs.
• The background's fill gradient is calculated on advances/declines of the "Marker Bias".
• The chart bars are colored using advances/declines of the "Relative Balance". Divergences are shown in orange.
• The intrabar timeframe is automatically determined from the chart's timeframe so that a minimum of 50 intrabars are used to calculate volume delta on historical bars.
Alerts
The configuration of the marker conditions explained further is what determines the conditions that will trigger alerts created from this script. Note that simply selecting the display of markers does not create alerts. To create an alert on this script, you must use ALT-A from the chart. You can create multiple alerts triggering on different conditions from this same script; simply configure the markers so they define the trigger conditions for each alert before creating the alert. The configuration of the script's inputs is saved with the alert, so from then on you can change them without affecting the alert. Alert messages will mention the marker(s) that triggered the specific alert event. Keep in mind, when creating alerts on small chart timeframes, that discrepancies between alert triggers and markers displayed on your chart are to be expected. This is because the alert and your chart are running two distinct instances of the indicator on different servers and different feeds. Also keep in mind that while alerts only trigger on confirmed conditions, they are calculated using realtime calculation mode, which entails that if you refresh your chart and elapsed realtime bars recalculate as historical bars using intrabar inspection, markers will not appear in the same places they appeared in realtime. So it's important to understand that even though the alert conditions are confirmed when they trigger, these alerts will repaint.
Let's go through the sections of the script's inputs.
Columns
The size of the Buy/Sell columns always represents their respective importance on the bar, but the coloring mode for tops and bottoms is independent. The default setup uses a standard coloring mode where the Buy/Sell columns are always in the bull/bear color with a higher intensity for the winning side. Seven other coloring modes allow you to pack more information in the columns. When choosing to color the top columns using a bull/bear gradient on "Average Balance", for example, you will have bull/bear colored tops. In order for the color of the bottom columns to continue to show the instant bar balance, you can then choose the "On Bar Balance — Dual Solid Colors" coloring mode to make those bars the color of the winning side for that bar. You can display the averages of the Buy and Sell columns. If you do, its coloring is controlled through the "Line" and "Line fill" sections below.
Line and Line fill
You can select the calculation mode and the thickness of the line, and independent calculations to determine the line's color and fill.
Zero Line
The zero line can display dots when all five balances are bull/bear.
Divergences
You first select the detection mode. Divergences occur whenever the up/down direction of the signal does not match the up/down polarity of the bar. Divergences are used in three components of the indicator's visuals: the orange dot, colored chart bars, and to calculate the divergence levels on the line. The divergence levels are dynamic levels that automatically build from the line's values on divergence events. On consecutive divergences, the levels will expand, creating a channel. This implementation of the divergence levels corresponds to my view that divergences indicate anomalies, hesitations, points of uncertainty if you will. It precludes any attempt to identify a directional bias to divergences. Accordingly, the levels merely take note of divergence events and mark those points in time with levels. Traders then have a reference point from which they can evaluate further movement. The bull/bear/neutral colors used to plot the levels are also congruent with this view in that they are determined by the line's position relative to the levels, which is how I think divergences can be put to the most effective use. One of the coloring modes for the line's fill uses advances/declines in the line after divergence events.
Background
The background can show a bull/bear gradient on six different calculations. As with other gradients, you can adjust its brightness to make its importance proportional to how you use it in your analysis.
Chart bars
Chart bars can be colored using seven different methods. You have the option of emptying the body of bars where volume does not increase, as does my TLD indicator, and you can choose whether you want to show divergences.
Intrabar Timeframe
This is the intrabar timeframe that will be used to calculate volume delta using intrabar inspection on historical bars. You can choose between four modes. The three "Auto-steps" modes calculate, from the chart's timeframe, the intrabar timeframe where the said number of intrabars will make up the dilation of chart bars. Adjustments are made for non-24x7 markets. "Fixed" mode allows you to select the intrabar timeframe you want. Checking the "Show TF" box will display in the lower-right corner the intrabar timeframe used at any given moment. The proper selection of the intrabar timeframe is important. It must achieve maximal granularity to produce precise results while not unduly slowing down calculations, or worse, causing runtime errors. Note that historical depth will vary with the intrabar timeframe. The smaller the timeframe, the shallower historical plots you will be.
Markers
Markers appear when the required condition has been confirmed on a closed bar. The configuration of the markers when you create an alert is what determines when the alert will trigger. Five markers are available:
• Balances Agreement : All five balances are either bullish or bearish.
• Double Bumps : A double bump is two consecutive up/down bars with +/‒ volume delta, and rising Buy/Sell volume above its average.
• Divergence confirmations : A divergence is confirmed up/down when the chosen balance is up/down on the previous bar when that bar was down/up, and this bar is up/down.
• Balance Shifts : These are bull/bear transitions of the selected signal.
• Marker Bias Shifts : Marker bias shifts occur when it crosses into bull/bear territory.
Periods
Allows control over the periods of the different moving averages used to calculate the balances.
Volume Discrepancies
Stock exchanges do not report the same volume for intraday and daily (or higher) resolutions. Other variations in how volume information is reported can also occur in other markets, namely Forex, where volume irregularities can even occur between different intraday timeframes. This will cause discrepancies between the total volume on the bar at the chart's timeframe, and the total volume calculated by adding the volume of the intrabars in that bar's dilation. This does not necessarily invalidate the volume delta information calculated from intrabars, but it tells us that we are using partial volume data. A mechanism to detect chart vs intrabar timeframe volume discrepancies is provided. It allows you to define a threshold percentage above which the background will indicate a difference has been detected.
Other Settings
You can control here the display of the gray dot reminder on realtime bars, and the display of error messages if you are using a chart timeframe that is not greater than the fixed intrabar timeframe, when you use that mode. Disabling the message can be useful if you only use realtime mode at chart timeframes that do not support intrabar inspection.
█ RAMBLINGS
On Volume Delta
Volume is arguably the best complement to interpret price action, and I consider volume delta to be the most effective way of processing volume information. In periods of low-volatility price consolidations, volume will typically also be lower than normal, but slight imbalances in the trend of the buy/sell volume balance can sometimes help put early odds on the direction of the break from consolidation. Additionally, the progression of the volume imbalance can help determine the proximity of the breakout. I also find volume delta and the number of divergences very useful to evaluate the strength of trends. In trends, I am looking for "slow and steady", i.e., relatively low volatility and pauses where price action doesn't look like world affairs are being reassessed. In my personal mythology, this type of trend is often more resilient than high-volatility breakouts, especially when volume balance confirms the general agreement of traders signaled by the low-volatility usually accompanying this type of trend. The volume action on pauses will often help me decide between aggressively taking profits, tightening a stop or going for a longer-term movement. As for reversals, they generally occur in high-volatility areas where entering trades is more expensive and riskier. While the identification of counter-trend reversals fascinates many traders to no end, they represent poor opportunities in my view. Volume imbalances often precede reversals, but I prefer to use volume delta information to identify the areas following reversals where I can confirm them and make relatively low-cost entries with better odds.
On "Buy/Sell" Volume
Buying or selling volume are misnomers, as every unit of volume transacted is both bought and sold by two different traders. While this does not keep me from using the terms, there is no such thing as “buy only” or “sell only” volume. Trader lingo is riddled with peculiarities.
Divergences
The divergence detection method used here relies on a difference between the direction of a signal and the polarity (up/down) of a chart bar. When using the default "On Bar Balance" to detect divergences, however, only the bar's volume delta is used. You may wonder how there can be divergences between buying/selling volume information and price movement on one bar. This will sometimes be due to the calculation's shortcomings, but divergences may also occur in instances where because of order book structure, it takes less volume to increase the price of an asset than it takes to decrease it. As usual, divergences are points of interest because they reveal imbalances, which may or may not become turning points. To your pattern-hungry brain, the divergences displayed by this indicator will — as they do on other indicators — appear to often indicate turnarounds. My opinion is that reality is generally quite sobering and I have no reliable information that would tend to prove otherwise. Exercise caution when using them. Consequently, I do not share the overwhelming enthusiasm of traders in identifying bullish/bearish divergences. For me, the best course of action when a divergence occurs is to wait and see what happens from there. That is the rationale underlying how my divergence levels work; they take note of a signal's level when a divergence occurs, and it's the signal's behavior from that point on that determines if the post-divergence action is bullish/bearish.
Superfluity
In "The Bed of Procrustes", Nassim Nicholas Taleb writes: To bankrupt a fool, give him information . This indicator can display lots of information. While learning to use a new indicator inevitably requires an adaptation period where we put it through its paces and try out all its options, once you have become used to it and decide to adopt it, rigorously eliminate the components you don't use and configure the remaining ones so their visual prominence reflects their relative importance in your analysis. I tried to provide flexible options for traders to control this indicator's visuals for that exact reason — not for window dressing.
█ LIMITATIONS
• This script uses a special characteristic of the `security()` function allowing the inspection of intrabars — which is not officially supported by TradingView.
It has the advantage of permitting a more robust calculation of volume delta than other methods on historical bars, but also has its limits.
• Intrabar inspection only works on some chart timeframes: 3, 5, 10, 15 and 30 minutes, 1, 2, 3, 4, 6, and 12 hours, 1 day, 1 week and 1 month.
The script’s code can be modified to run on other resolutions.
• When the difference between the chart’s timeframe and the intrabar timeframe is too great, runtime errors will occur. The Auto-Steps selection mechanisms should avoid this.
• All volume is not created equally. Its source, components, quality and reliability will vary considerably with sectors and instruments.
The higher the quality, the more reliably volume delta information can be used to guide your decisions.
You should make it your responsibility to understand the volume information provided in the data feeds you use. It will help you make the most of volume delta.
█ NOTES
For traders
• The Data Window shows key values for the indicator.
• While this indicator displays some of the same information calculated in my Delta Volume Columns ,
I have elected to make it a separate publication so that traders continue to have a simpler alternative available to them. Both code bases will continue to evolve separately.
• All gradients used in this indicator determine their brightness intensities using advances/declines in the signal—not their relative position in a pre-determined scale.
• Volume delta being relative, by nature, it is particularly well-suited to Forex markets, as it filters out quite elegantly the cyclical volume data characterizing the sector.
If you are interested in volume delta, consider having a look at my other "Delta Volume" indicators:
• Delta Volume Realtime Action displays realtime volume delta and tick information on the chart.
• Delta Volume Candles builds volume delta candles on the chart.
• Delta Volume Columns is a simpler version of this indicator.
For coders
• I use the `f_c_gradientRelativePro()` from the PineCoders Color Gradient Framework to build my gradients.
This function has the advantage of allowing begin/end colors for both the bull and bear colors. It also allows us to define the number of steps allowed for each gradient.
I use this to modulate the gradients so they perform optimally on the combination of the signal used to calculate advances/declines,
but also the nature of the visual component the gradient applies to. I use fewer steps for choppy signals and when the gradient is used on discrete visual components
such as volume columns or chart bars.
• I use the PineCoders Coding Conventions for Pine to write my scripts.
• I used functions modified from the PineCoders MTF Selection Framework for the selection of timeframes.
█ THANKS TO:
— The devs from TradingView's Pine and other teams, and the PineCoders who collaborate with them. They are doing amazing work,
and much of what this indicator does could not be done without their recent improvements to Pine.
— A guy called Kuan who commented on a Backtest Rookies presentation of their Volume Profile indicator using a `for` loop.
This indicator started from the intrabar inspection technique illustrated in Kuan's snippet.
— theheirophant , my partner in the exploration of the sometimes weird abysses of `security()`’s behavior at intrabar timeframes.
— midtownsk8rguy , my brilliant companion in mining the depths of Pine graphics.
EMAs CloudEmas clouds is based on exponential moving averages 25 , 50, 100, 200
Ema 25/50 when crossed give you entry to the trend based on dipacmend forward ema 25/50 for 25 candles and ema 100/200
I add it also momentum based on close of the price moved back 25 candles.
7EMA_5MA (G/D + Bias + 12/26 Signal)This script alow you to survey multiple crossing signals as Golden/Death cross (MA50/200), Institutional Bias (EMA9/18), or EMA 12/26 crossing. You can show/hide all EMAs/MAs and show/hide all signals. Default config displays EMA 50/100/200 and MA 20. Full script includes display of EMA 9/18/12/26/50/100/200 and MA 20/21/50/100/200.
ema based pseudo RSI - JDIf you reverse engineer the "50-level" of the 14 period rsi, you end up with almost exactly the 27 period ema
So to calculate the rsi, you can 'reverse engineer' the 'reverse engineered rsi'.
This can be done by taking the distance between the current price and the "50-level ema"
you can then normalise this by dividing with the atr or the st dev to end up with a chart that's almost exactly like the rsi line
As OB/OS levele, a multiplier of the atr or st dev can be used
one application for this is to quickly refer to MTF rsi levels by multiplying th 27 ema value with the timeframe multiplier
as it turns out, I discovered that the ema's with multiples of 27 as a period align with the 50-level line of the rsi of all the corresponding timeframes.
Enjoy!
JD.
#NotTradingAdvice
#DYOR
RSI Oscillator by mattzabRSI-Oscillator is designed to be highly visual, based on strategies that recognize the RSI above 50 to be positive strength, and below 50 to be weakness.
Midpoint is 50, above is blue, below is red.
BTC 1D Alerts V1This script contains a variety of key indicator for bitcoin all-in-one and they can be activated individually in the menu. These are meant to be used on the 1D chart for Bitcoin.
1457 Day Moving Average: the bottom of the bitcoin price and arguably the rock bottom price target.
Ichimoku Cloud: a common useful indicator for bitcoin support and resistance.
350ma fibs (21 8 5 3 2 and 1.6) : Signify the tops of each logarthmic rise in bitcoin price. They are generally curving higher over the long term. For halvening #3, the predicted market crash would be after hitting the 350ma x3 fib. Also the 350 ma / 111 ma cross signifies bull market top within about 3 days as well. Using the combination of the 350ma fibs and the 350/111 crosses, reasonably identify when market top is about to occur.
50,120,200 ma: Common moving averages that bitcoin retests during bull market runs. Also, the 50/200 golden and death crosses.
1D EMA Superguppy Ribbons: green = bull market, gray is indeterminate, red = bear market. Very high specificity indicator of bull runs, especially for bitcoin. You can change to 3D candle for even more specificity for a bull market start. Use the 1W for even more specificity. 1D Superguppy is recommended for decisionmaking.
1W EMA21: a very good moving average programmed to be shown on both the daily and weekly candle time. Bitcoin commonly corrects to this repeatedly during past bull runs. Acts as support during bull run and resistance during a bear market.
Steps to identifying a bull market:
1. 50/200 golden cross
2. 1D EMA superguppy green
3. 3D EMA superguppy green (if you prefer more certainty than step 2).
4. Hitting the 1W EMA21 and bouncing off during the bull run signifies corrections.
Once a bull market is identified,
Additional recommended buying and selling techniques:
Indicators:
- Fiblines - to determine retracements from peaks (such as all time high or recent highs)
- Stochastic RSI - 1d, 3d, and 1W SRSI are great time to buy, especially the 1W SRSI which comes much less frequently.
- volumen consolidado - for multi exchange volumes compiled into a single line. I prefer buying on the lowest volume days which generally coincide with dips.
- MACD - somewhat dubious utility but many algorithms are programmed to buy or sell based on this.
Check out the Alerts for golden crosses and 350ma Fib crosses which are invaluable for long term buying planning.
I left this open source so that all the formulas can be understood and verified. Much of it hacked together from other sources but all indicators that are fundamental to bitcoin. I apologize in advance for not attributing all the articles and references... but then again I am making no money off of this anyway.
Fischy Bands (multiple periods)Just a quick way to have multiple periods. Coded at (14,50,100,200,400,600,800). Feel free to tweak it. Default is all on, obviously not as usable! Try just using 14, and 50.
This was generated with javascript for easy templating.
Source:
```
const periods = ;
const generate = (period) => {
const template = `
= bandFor(${period})
plot(b${period}, color=colorFor(${period}, b${period}), linewidth=${periods.indexOf(period)+1}, title="BB ${period} Basis", transp=show${period}TransparencyLine)
pb${period}Upper = plot(b${period}Upper, color=colorFor(${period}, b${period}), linewidth=${periods.indexOf(period)+1}, title="BB ${period} Upper", transp=show${period}TransparencyLine)
pb${period}Lower = plot(b${period}Lower, color=colorFor(${period}, b${period}), linewidth=${periods.indexOf(period)+1}, title="BB ${period} Lower", transp=show${period}TransparencyLine)
fill(pb${period}Upper, pb${period}Lower, color=colorFor(${period}, b${period}), transp=show${period}TransparencyFill)`
console.log(template);
}
console.log(`//@version=4
study(shorttitle="Fischy BB", title="Fischy Bands", overlay=true)
stdm = input(1.25, title="stdev")
bandFor(length) =>
src = hlc3
mult = stdm
basis = sma(src, length)
dev = mult * stdev(src, length)
upper = basis + dev
lower = basis - dev
`);
periods.forEach(e => console.log(`show${e} = input(title="Show ${e}?", type=input.bool, defval=true)`));
periods.forEach(e => console.log(`show${e}TransparencyLine = show${e} ? 20 : 100`));
periods.forEach(e => console.log(`show${e}TransparencyFill = show${e} ? 80 : 100`));
console.log('\n');
console.log(`colorFor(period, series) =>
c = period == 14 ? color.white :
period == 50 ? color.aqua :
period == 100 ? color.orange :
period == 200 ? color.purple :
period == 400 ? color.lime :
period == 600 ? color.yellow :
period == 800 ? color.orange :
color.black
c
`);
periods.forEach(e => generate(e))
```
Principe de NY - Rodrigo CohenIndicador criado baseado nas informações de fechamento de bollinger, seguindo o Setup Principe de NY sugerido pelo Analista Rodrigo Cohen, ainda em fase de testes para aprimorar a eficácia do setup
*Considerado apenas Fechamento fora e nesta condição + 50 pontos para entrada sendo assim
Fechamentos com Candles em Vermelho soma 50 pontos e entra vendido
Fechamentos com Candles em Verde soma 50 pontos e entra comprado
O setup pelo que percebi é composto de mais detalhes, aos quais quando tiver acesso realizarei as atualizações devidas
Também estão disponíveis versões de indicadores para Forex
Em breve posto a lista completa com os resultados no MQL5
General Filter Estimator-An Experiment on Estimating EverythingIntroduction
The last indicators i posted where about estimating the least squares moving average, the task of estimating a filter is a funny one because its always a challenge and it require to be really creative. After the last publication of the 1LC-LSMA , who estimate the lsma with 1 line of code and only 3 functions i felt like i could maybe make something more flexible and less complex with the ability to approximate any filter output. Its possible, but the methods to do so are not something that pinescript can do, we have to use another base for our estimation using coefficients, so i inspired myself from the alpha-beta filter and i started writing the code.
Calculation and The Estimation Coefficients
Simplicity is the key word, its also my signature style, if i want something good it should be simple enough, so my code look like that :
p = length/beta
a = close - nz(b ,close)
b = nz(b ,close) + a/p*gamma
3 line, 2 function, its a good start, we could put everything in one line of code but its easier to see it this way. length control the smoothing amount of the filter, for any filter f(Period) Period should be equal to length and f(Period) = p , it would be inconvenient to have to use a different length period than the one used in the filter we want to estimate (imagine our estimation with length = 50 estimating an ema with period = 100) , this is where the first coefficients beta will be useful, it will allow us to leave length as it is. In general beta will be greater than 1, the greater it will be the less lag the filter will have, this coefficient will be useful to estimate low lagging filters, gamma however is the coefficient who will estimate lagging filters, in general it will range around .
We can get loose easily with those coefficients estimation but i will leave a coefficients table in the code for estimating popular filters, and some comparison below.
Estimating a Simple Moving Average
Of course, the boxcar filter, the running mean, the simple moving average, its an easy filter to use and calculate.
For an SMA use the following coefficients :
beta = 2
gamma = 0.5
Our filter is in red and the moving average in white with both length at 50 (This goes for every comparison we will do)
Its a bit imprecise but its a simple moving average, not the most interesting thing to estimate.
Estimating an Exponential Moving Average
The ema is a great filter because its length times more computing efficient than a simple moving average. For the EMA use the following coefficients :
beta = 3
gamma = 0.4
N.B : The EMA is rougher than the SMA, so it filter less, this is why its faster and closer to the price
Estimating The Hull Moving Average
Its a good filter for technical analysis with tons of use, lets try to estimate it ! For the HMA use the following coefficients :
beta = 4
gamma = 0.85
Looks ok, of course if you find better coefficients i will test them and actualize the coefficient table, i will also put a thank message.
Estimating a LSMA
Of course i was gonna estimate it, but this time this estimation does not have anything a lsma have, no moving average, no standard deviation, no correlation coefficient, lets do it.
For the LSMA use the following coefficients :
beta = 3.5
gamma = 0.9
Its far from being the best estimation, but its more efficient than any other i previously made.
Estimating the Quadratic Least Square Moving Average
I doubted about this one but it can be approximated as well. For the QLSMA use the following coefficients :
beta = 5.25
gamma = 1
Another ok estimate, the estimate filter a bit more than needed but its ok.
Jurik Moving Average
Its far from being a filter that i like and its a bit old. For the comparison i will use the JMA provided by @everget described in this article : c.mql5.com
For the JMA use the following coefficients :
for phase = 0
beta = pow*2 (pow is a parameter in the Jma)
gamma = 0.5
Here length = 50, phase = 0, pow = 5 so beta = 10
Looks pretty good considering the fact that the Jma use an adaptive architecture.
Discussion
I let you the task to judge if the estimation is good or not, my motivation was to estimate such filters using the less amount of calculations as possible, in itself i think that the code is quite elegant like all the codes of IIR filters (IIR Filters = Infinite Impulse Response : Filters using recursion) .
It could be possible to have a better estimate of the coefficients using optimization methods like the gradient descent. This is not feasible in pinescript but i could think about it using python or R.
Coefficients should be dependant of length but this would lead to a massive work, the variation of the estimation using fixed coefficients when using different length periods is just ok if we can allow some errors of precision.
I dont think it should be possible to estimate adaptive filter relying a lot on their adaptive parameter/smoothing constant except by making our coefficients adaptive (gamma could be)
So at the end ? What make a filter truly unique ? From my point of sight the architecture of a filter and the problem he is trying to solve is what make him unique rather than its output result. If you become a signal, hide yourself into noise, then look at the filters trying to find you, what a challenging game, this is why we need filters.
Conclusion
I wanted to give a simple filter estimator relying on two coefficients in order to estimate both lagging and low-lagging filters. I will try to give more precise estimate and update the indicator with new coefficients.
Thanks for reading !
BTC Volume Index [v2018-11-21] @ LekkerCryptisch.nlIndicates the volume trend:
~50 = short term volume is the same as long term volume
> 50 = short term volume is higher than long term volume (i.e. trend is rising volume)
< 50 = short term volume is lower than long term volume (i.e. trend is declining volume)
Reverse Engineered RSI - Key Levels + MTFThis indicator overlays 5 Reverse Engineered RSI (RERSI) levels on your main chart window.
The RERSI was first developed by Giorgos Siligardos in the June 2003 issue of Stocks and Commodities Magazine. HPotter provided the initial implementation - from which this script is derived - so all credit to them (see: ).
In simple terms, RERSI plots lines on the price chart that reflect levels of the RSI . E.g. if you set up a RERSI line at a level of 50, then price will touch that line when the standard RSI indicator reads 50. Hopefully that makes sense, but compare the two if it doesn't.
Why is the RERSI useful if it's just plotting RSI values? Well, it simplifies things, and enables you to get a clearer picture of trend direction, RSI support and resistance levels, RSI trading signals, and it keeps your chart window uncluttered.
I've set up 5 RERSI lines to be plotted: Overbought and Oversold Levels, a Middle Level (generally leave this at 50), and then Down/Up Trend Lines. The latter two are loosely based on the work of Constance Brown (and they in turn were influenced by Andrew Brown), who posited that RSI doesn't breach certain levels during trends (e.g. 40-50 is often a support level during an uptrend).
Play around with the levels, and the RSI Length, to see how your particular market reacts, and where key levels may lie. Remember, this isn't meant as a stand-alone system (although I think there's potential to use it as such, especially with price action trading - which I guess wouldn't make it stand-alone then!!), and works best with confirmation from other sources.
Oh, and there's MTF capability, because I think that's useful for all indicators.
Any queries, please let me know.
Cheers,
RJR
Better RSI with bullish / bearish market cycle indicator This script improves the default RSI. First. it identifies regions of the RSI which are oversold and overbought by changing the color of RSI from white to red. Second, it adds additional reference lines at 20,40,50,60, and 80 to better gauge the RSI value. Finally, the coolest feature, the middle 50 line is used to indicate which cycle the price is currently at. A green color at the 50 line indicates a bullish cycle, a red color indicators a bearish cycle, and a white color indicates a neutral cycle.
The cycles are determined using the RSI as follows:
if RSI is overbought, cycle switches to bullish until RSI falls below 40, at which point it becomes neutral
if RSI is oversold, cycle switches bearish until RSI rises above 60, at which point it becomes neutral
a neutral cycle is exited at either overbought or oversold conditions
Very useful, please give it a try and let me know what you think
ACM22 not repaintedДелал данный скрипт для FORTS.Идеально подойдет тем,кто использует трейлинг стопы.В основе стратегии лежит RSI.Как по мне,хорошая вещь для проверки стратегии и ее оптимизиации.На скрине 50 контрактов,так что не сильно радуйтесь,а просто делите на 50 и получите показатели на 1 контракт.
Script make for futures on MICEX.U can change paramets of RSI,traling stop and stop loss .On a ps 50 futures USDollar-russian ruble.Use for testing and optimisation.
Inertia Indicator The inertia indicator measures the market, stock or currency pair momentum and
trend by measuring the security smoothed RVI (Relative Volatility Index).
The RVI is a technical indicator that estimates the general direction of the
volatility of an asset.
The inertia indicator returns a value that is comprised between 0 and 100.
Positive inertia occurs when the indicator value is higher than 50. As long as
the inertia value is above 50, the long-term trend of the security is up. The inertia
is negative when its value is lower than 50, in this case the long-term trend is
down and should stay down if the inertia stays below 50
GC RSI Columns V2016This is a basic RSI indicator but in column format.I had been using this for a while and it gives a nice visual representation of trend change by changing color of the column.
Base line is 50 level. Anything above 50 is buy opportunity and below 50 is sell opportunity . Try it on higher time frames and see the results.
Example on chart above.
Note: i published it on demand. many folks were asking me for this ,since it(column rsi) was not available in public indicators
Golden Cross, SMA 200 Moving Average Strategy (by ChartArt)This famous moving average strategy is very easy to follow to decide when to buy (go long) and when to take profit.
The strategy goes long when the faster SMA 50 (the simple moving average of the last 50 bars) crosses above the slower SMA 200. Orders are closed when the SMA 50 crosses below the SMA 200. This simple strategy does not have any other stop loss or take profit money management logic. The strategy does not short and goes long only!
Here is an article explaining the "golden cross" strategy in more detail:
www.stockopedia.com
On the S&P 500 index (symbol "SPX") this strategy worked on the daily chart 81% since price data is available since 1982. And on the DOW Jones Industrial Average (symbol "DOWI") this strategy worked on the daily chart 55% since price data is available since 1916. The low number of trades is in both cases not statistically significant though.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Forex Master v4.0 (EUR/USD Mean-Reversion Algorithm)DESCRIPTION
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:
I. Trend Filter
The algorithm uses a version of the ADX indicator as a trend filter to trade only in certain time periods where price is more likely to be range-bound (i.e., mean-reverting). This indicator is composed of a Fast ADX and a Slow ADX, both using the same look-back period of 50. However, the Fast ADX is smoothed with a 6-period EMA and the Slow ADX is smoothed with a 12-period EMA. When the Fast ADX is above the Slow ADX, the algorithm does not trade because this indicates that price is likelier to trend, which is bad for a mean-reversion system. Conversely, when the Fast ADX is below the Slow ADX, price is likelier to be ranging so this is the only time when the algorithm is allowed to trade.
II. Bollinger Bands
When allowed to trade by the Trend Filter, the algorithm uses the Bollinger Bands indicator to enter long and short positions. The Bolliger Bands indicator has a look-back period of 20 and a standard deviation of 1.5 for both upper and lower bands. When price crosses over the lower band, a Long Signal is generated and a long position is entered. When price crosses under the upper band, a Short Signal is generated and a short position is entered.
III. Money Management
Rule 1 - Each trade will use a limit order for a fixed quantity of 50,000 contracts (0.50 lot). The only exception is Rule
Rule 2 - Order pyramiding is enabled and up to 10 consecutive orders of the same signal can be executed (for example: 14 consecutive Long Signals are generated over 8 hours and the algorithm sends in 10 different buy orders at various prices for a total of 350,000 contracts).
Rule 3 - Every order will include a bracket with both TP and SL set at 50 pips (note: the algorithm only closes the current open position and does not enter the opposite trade once a TP or SL has been hit).
Rule 4 - When a new opposite trade signal is generated, the algorithm sends in a larger order to close the current open position as well as open a new one (for example: 14 consecutive Long Signals are generated over 8 hours and the algorithm sends in 10 different buy orders at various prices for a total of 350,000 contracts. A Short Signal is generated shortly after the 14th Long Signal. The algorithm then sends in a sell order for 400,000 contracts to close the 350,000 contracts long position and open a new short position of 50,000 contracts).
RSI-EMA IndicatorThis indicator calculates and plots 2 separate EMAs of the RSI. The default settings below work great on SPX/SPY daily chart. General rule is if an EMA is above 50, the stock's near term outlook is bullish. If an EMA is below 50, the near term outlook is bearish. Personally, I like to use a fast EMA as a buy signal and a slow EMA as a sell signal.
Default settings:
RSI = 50
EMA1 = 100
EMA2 = 200
High-Low Index [LazyBear]-- Fixed ---
Source: pastebin.com
Fixes an issue with "Combined" mode, using wrong symbols.
--- Original ---
The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows.
Readings below 50 indicate that there were more new lows than new highs. Readings above 50 indicate that there were more new highs than new lows. 0 indicates there were zero new highs (0% new highs). 100 indicates there was at least 1 new high and no new lows (100% new highs). 50 indicates that new highs and new lows were equal (50% new highs).
Readings consistently above 70 usually coincide with a strong uptrend. Readings consistently below 30 usually coincide with a strong downtrend.
More info:
stockcharts.com
List of my public indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
Just noticed @Greeny has already published this -> Linking it here.
TimWest Long Short FiltersTimWest Long Short Filters
Indicator Has 3 Separate Filters that Create Green(Bullish) or Red(Bearish) BackGround Highlights
If Price is Above or Below a certain LookBack Period - Tim Defaults to 63 on Daily Chart to Quickly View if Price is Above or Below it’s Price 1 Quarter Ago.
A Simple Moving Average Filter - Tim Defaults to 50 SMA and 200 SMA also known as the “Golden Cross”.
A Exponential Moving Average Filter - For Those Who Want To View Shorter Term Market Swings. Defaults to 50 EMA and 100 EMA used By Chuck Hughes, 7 Time World Trading Champion. Chuck Claims the 50/100 EMA's Show the Earliest Change in Market Direction the Equal - Sustainable Moves
Inputs Tab has Checkboxes to Turn On/Off any of the 3 Filters Above.
Reference Chart Post www.tradingview.com
3 projection Indicators - PBands, PO & PBAll these indicators are by Mel Widner.
Projection Bands :
-------------------------------------------------------
These project market data along the trend with the maxima and minima of the projections defining the band. The method provides a way to signal potential direction changes relative to the trend. Usage is like any other trading band.
Projection Oscillator :
-------------------------------------------------------
This indicates the relative position of price with in the bands. It fluctuates between the values 0 to 100. You can configure the "basis" to make it oscillate around a specific value (for ex., basis=50 will make it oscillate between +50 and -50). EMA of PO (length configurable, default is 5) is plotted as a signal line. There is also an option to plot the difference (oscillator - signal), just like MACD histogram. When you see a divergence in this oscillator, remember that it just indicates a potential movement with in the band (for ex., a bullish divergence shown may cause the price to cross the median and move up to the top band).
Projection Bandwidth :
-------------------------------------------------------
This shows the % width of the projection bands. A trend reversal is signaled by a high value. Low value may indicate the start of a new trend. This is also a trend strength indicator.
More info: drive.google.com
Borrowed the color theme for this chart from @liw0. Thanks :)
Quantum Market Analyzer X7Quantum Market Analyzer X7 - Complete Study Guide
Table of Contents
1. Overview
2. Indicator Components
3. Signal Interpretation
4. Live Market Analysis Guide
5. Best Practices
6. Limitations and Considerations
7. Risk Disclaimer
________________________________________
Overview
The Quantum Market Analyzer X7 is a comprehensive multi-timeframe technical analysis indicator that combines traditional and modern analytical methods. It aggregates signals from multiple technical indicators across seven key analysis categories to provide traders with a consolidated view of market sentiment and potential trading opportunities.
Key Features:
• Multi-Indicator Analysis: Combines 20+ technical indicators
• Real-Time Dashboard: Professional interface with customizable display
• Signal Aggregation: Weighted scoring system for overall market sentiment
• Advanced Analytics: Includes Order Block detection, Supertrend, and Volume analysis
• Visual Progress Indicators: Easy-to-read progress bars for signal strength
________________________________________
Indicator Components
1. Oscillators Section
Purpose: Identifies overbought/oversold conditions and momentum changes
Included Indicators:
• RSI (14): Relative Strength Index - momentum oscillator
• Stochastic (14): Compares closing price to price range
• CCI (20): Commodity Channel Index - cycle identification
• Williams %R (14): Momentum indicator similar to Stochastic
• MACD (12,26,9): Moving Average Convergence Divergence
• Momentum (10): Rate of price change
• ROC (9): Rate of Change
• Bollinger Bands (20,2): Volatility-based indicator
Signal Interpretation:
• Strong Buy (6+ points): Multiple oscillators indicate oversold conditions
• Buy (2-5 points): Moderate bullish momentum
• Neutral (-1 to 1 points): Balanced conditions
• Sell (-2 to -5 points): Moderate bearish momentum
• Strong Sell (-6+ points): Multiple oscillators indicate overbought conditions
2. Moving Averages Section
Purpose: Determines trend direction and strength
Included Indicators:
• SMA: 10, 20, 50, 100, 200 periods
• EMA: 10, 20, 50 periods
Signal Logic:
• Price >2% above MA = Strong Buy (+2)
• Price above MA = Buy (+1)
• Price below MA = Sell (-1)
• Price >2% below MA = Strong Sell (-2)
Signal Interpretation:
• Strong Buy (6+ points): Price well above multiple MAs, strong uptrend
• Buy (2-5 points): Price above most MAs, bullish trend
• Neutral (-1 to 1 points): Mixed MA signals, consolidation
• Sell (-2 to -5 points): Price below most MAs, bearish trend
• Strong Sell (-6+ points): Price well below multiple MAs, strong downtrend
3. Order Block Analysis
Purpose: Identifies institutional support/resistance levels and breakouts
How It Works:
• Detects historical levels where large orders were placed
• Monitors price behavior around these levels
• Identifies breakouts from established order blocks
Signal Types:
• BULLISH BRK (+2): Breakout above resistance order block
• BEARISH BRK (-2): Breakdown below support order block
• ABOVE SUP (+1): Price holding above support
• BELOW RES (-1): Price rejected at resistance
• NEUTRAL (0): No significant order block interaction
4. Supertrend Analysis
Purpose: Trend following indicator based on Average True Range
Parameters:
• ATR Period: 10 (default)
• ATR Multiplier: 6.0 (default)
Signal Types:
• BULLISH (+2): Price above Supertrend line
• BEARISH (-2): Price below Supertrend line
• NEUTRAL (0): Transition period
5. Trendline/Channel Analysis
Purpose: Identifies trend channels and breakout patterns
Components:
• Dynamic trendline calculation using pivot points
• Channel width based on historical volatility
• Breakout detection algorithm
Signal Types:
• UPPER BRK (+2): Breakout above upper channel
• LOWER BRK (-2): Breakdown below lower channel
• ABOVE MID (+1): Price above channel midline
• BELOW MID (-1): Price below channel midline
6. Volume Analysis
Purpose: Confirms price movements with volume data
Components:
• Volume spikes detection
• On Balance Volume (OBV)
• Volume Price Trend (VPT)
• Money Flow Index (MFI)
• Accumulation/Distribution Line
Signal Calculation: Multiple volume indicators are combined to determine institutional activity and confirm price movements.
________________________________________
Signal Interpretation
Overall Summary Signals
The indicator aggregates all component signals into an overall market sentiment:
Signal Score Range Interpretation Action
STRONG BUY 10+ Overwhelming bullish consensus Consider long positions
BUY 4-9 Moderate to strong bullish bias Look for long opportunities
NEUTRAL -3 to 3 Mixed signals, consolidation Wait for clearer direction
SELL -4 to -9 Moderate to strong bearish bias Look for short opportunities
STRONG SELL -10+ Overwhelming bearish consensus Consider short positions
Progress Bar Interpretation
• Filled bars indicate signal strength
• Green bars: Bullish signals
• Red bars: Bearish signals
• More filled bars = stronger conviction
________________________________________
Live Market Analysis Guide
Step 1: Initial Assessment
1. Check Overall Summary: Start with the main signal
2. Verify with Component Analysis: Ensure signals align
3. Look for Divergences: Identify conflicting signals
Step 2: Timeframe Analysis
1. Set Appropriate Timeframe: Use 1H for intraday, 4H/1D for swing trading
2. Multi-Timeframe Confirmation: Check higher timeframes for trend context
3. Entry Timing: Use lower timeframes for precise entry points
Step 3: Signal Confirmation Process
For Buy Signals:
1. Oscillators: Look for oversold conditions (RSI <30, Stoch <20)
2. Moving Averages: Price should be above key MAs
3. Order Blocks: Confirm bounce from support levels
4. Volume: Check for accumulation patterns
5. Supertrend: Ensure bullish trend alignment
For Sell Signals:
1. Oscillators: Look for overbought conditions (RSI >70, Stoch >80)
2. Moving Averages: Price should be below key MAs
3. Order Blocks: Confirm rejection at resistance levels
4. Volume: Check for distribution patterns
5. Supertrend: Ensure bearish trend alignment
Step 4: Risk Management Integration
1. Signal Strength Assessment: Stronger signals = larger position size
2. Stop Loss Placement: Use Order Block levels for stops
3. Take Profit Targets: Based on channel analysis and resistance levels
4. Position Sizing: Adjust based on signal confidence
________________________________________
Best Practices
Entry Strategies
1. High Conviction Entries: Wait for STRONG BUY/SELL signals
2. Confluence Trading: Look for multiple components aligning
3. Breakout Trading: Use Order Block and Trendline breakouts
4. Trend Following: Align with Supertrend direction
Risk Management
1. Never Risk More Than 2% Per Trade: Regardless of signal strength
2. Use Stop Losses: Place at invalidation levels
3. Scale Positions: Stronger signals warrant larger (but still controlled) positions
4. Diversification: Don't rely solely on one indicator
Market Conditions
1. Trending Markets: Focus on Supertrend and MA signals
2. Range-Bound Markets: Emphasize Oscillator and Order Block signals
3. High Volatility: Reduce position sizes, widen stops
4. Low Volume: Be cautious of breakout signals
Common Mistakes to Avoid
1. Signal Chasing: Don't enter after signals have already moved significantly
2. Ignoring Context: Consider overall market conditions
3. Overtrading: Wait for high-quality setups
4. Poor Risk Management: Always use appropriate position sizing
________________________________________
Limitations and Considerations
Technical Limitations
1. Lagging Nature: All technical indicators are based on historical data
2. False Signals: No indicator is 100% accurate
3. Market Regime Changes: Indicators may perform differently in various market conditions
4. Whipsaws: Possible in choppy, sideways markets
Optimal Use Cases
1. Trending Markets: Performs best in clear trending environments
2. Medium to High Volatility: Requires sufficient price movement for signals
3. Liquid Markets: Works best with adequate volume and tight spreads
4. Multiple Timeframe Analysis: Most effective when used across different timeframes
When to Use Caution
1. Major News Events: Fundamental analysis may override technical signals
2. Market Opens/Closes: Higher volatility can create false signals
3. Low Volume Periods: Signals may be less reliable
4. Holiday Trading: Reduced participation affects signal quality
________________________________________
Risk Disclaimer
IMPORTANT LEGAL DISCLAIMER FROM aiTrendview
WARNING: TRADING INVOLVES SUBSTANTIAL RISK OF LOSS
This Quantum Market Analyzer X7 indicator ("the Indicator") is provided for educational and informational purposes only. By using this indicator, you acknowledge and agree to the following terms:
No Investment Advice
• The Indicator does NOT constitute investment advice, financial advice, or trading recommendations
• All signals generated are based on historical price data and mathematical calculations
• Past performance does not guarantee future results
• No representation is made that any account will achieve profits or losses similar to those shown
Risk Acknowledgment
• TRADING CARRIES SUBSTANTIAL RISK: You may lose some or all of your invested capital
• LEVERAGE AMPLIFIES RISK: Margin trading can result in losses exceeding your initial investment
• MARKET VOLATILITY: Financial markets are inherently unpredictable and volatile
• TECHNICAL ANALYSIS LIMITATIONS: No technical indicator is infallible or guarantees profitable trades
User Responsibility
• YOU ARE SOLELY RESPONSIBLE for all trading decisions and their consequences
• CONDUCT YOUR OWN RESEARCH: Always perform independent analysis before making trading decisions
• CONSULT PROFESSIONALS: Seek advice from qualified financial advisors
• RISK MANAGEMENT: Implement appropriate risk management strategies
No Warranties
• The Indicator is provided "AS IS" without warranties of any kind
• aiTrendview makes no representations about the accuracy, reliability, or suitability of the Indicator
• Technical glitches, data feed issues, or calculation errors may occur
• The Indicator may not work as expected in all market conditions
Limitation of Liability
• aiTrendview SHALL NOT BE LIABLE for any direct, indirect, incidental, or consequential damages
• This includes but is not limited to: trading losses, missed opportunities, data inaccuracies, or system failures
• MAXIMUM LIABILITY is limited to the amount paid for the indicator (if any)
Code Usage and Distribution
• This indicator is published on TradingView in accordance with TradingView's house rules
• UNAUTHORIZED MODIFICATION or redistribution of this code is prohibited
• Users may not claim ownership of this intellectual property
• Commercial use requires explicit written permission from aiTrendview
Compliance and Regulations
• VERIFY LOCAL REGULATIONS: Ensure compliance with your jurisdiction's trading laws
• Some trading strategies may not be suitable for all investors
• Tax implications of trading are your responsibility
• Report trading activities as required by law
Specific Risk Factors
1. False Signals: The Indicator may generate incorrect buy/sell signals
2. Market Gaps: Overnight gaps can invalidate technical analysis
3. Fundamental Events: News and economic data can override technical signals
4. Liquidity Risk: Some markets may have insufficient liquidity
5. Technology Risk: Platform failures or connectivity issues may prevent order execution
Professional Trading Warning
• THIS IS NOT PROFESSIONAL TRADING SOFTWARE: Not intended for institutional or professional trading
• NO REGULATORY APPROVAL: This indicator has not been approved by any financial regulatory authority
• EDUCATIONAL PURPOSE: Designed primarily for learning technical analysis concepts
FINAL WARNING
NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE
Trading financial instruments involves significant risk. The majority of retail traders lose money. Before using this indicator in live trading:
1. Practice on paper/demo accounts extensively
2. Start with small position sizes
3. Develop a comprehensive trading plan
4. Implement strict risk management rules
5. Continuously educate yourself about market dynamics
By using the Quantum Market Analyzer X7, you acknowledge that you have read, understood, and agree to this disclaimer. You assume full responsibility for all trading decisions and their outcomes.
Contact: For questions about this disclaimer or the indicator, contact aiTrendview through official TradingView channels only.
________________________________________
This study guide and indicator are published on TradingView in compliance with TradingView's community guidelines and house rules. All users must adhere to TradingView's terms of service when using this indicator.
Document Version: 1.0
Last Updated: September 2025
Publisher: aiTrendview
________________________________________
Disclaimer from aiTrendview.com
The content provided in this blog post is for educational and training purposes only. It is not intended to be, and should not be construed as, financial, investment, or trading advice. All charting and technical analysis examples are for illustrative purposes. Trading and investing in financial markets involve substantial risk of loss and are not suitable for every individual. Before making any financial decisions, you should consult with a qualified financial professional to assess your personal financial situation.
