Though it may sound complex, the Vortex Indicator is essentially an uptrend line and a downtrend line. The vortex indicator can be used for a variety of purposes, including tracking the strength of trends, identifying/anticipating reversals, and generating entry/exit signals. It’s calculation is shown in the open-source code below.
To reduce the number of...
This is a simple tool that gives traders a simple visual representation of Volume-Weighted Moving Average ( VWMA ) crossovers that is pretty similar to the MACD . We don't typically trade solely based on the VWMA , but it is definitely one of our go-to tools when combining multiple indicators.
When trading with VWMA's, it is common to enter a position when the...
Really nice performance for simple BB on XBTUSD Bitmex 1 minute chart.
BB length = 55, BB mult = 4.
No SL or PT used.
Amazingly performance for the last week, 92% profitable. Tested on entire May percent profitable become 80%, still not bad.
And remember:
Past performance does not guarantee future results.
UT Bot indicator was inially developer by @Yo_adriiiiaan
Idea of original code belongs @HPotter
I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it.
Also I added an input that allows you to swich to signals from Heiking Ashi. I saw that author uses HA for the indicator and on HA it...
UT Bot indicator was initially developer by @Yo_adriiiiaan
The idea of original code belongs @HPotter
These are v4 alerts for my previously published strategy:
Original script:
UT Bot indicator was inially developer by @Yo_adriiiiaan
Idea of original code belongs @HPotter
I can't update my original UT Bot Strategy so I publishing new strategy with backtesting range included.
I just took code of Yo_adriiiiaan, cleaned it, deleted all useless pieces of code, transformet to v4 and created a strategy from it.
Also I added an input that...
Dear all, you might wonder is there a confirmation indicator that has a high hit rate, is dependable, and could rely on the information it gives you when making a decision?
Here I present an indicator I developed specifically for cryptocurrency, in the minds of eliminating fakeouts and traps.
Trend is always invalid then there is a lack of volume, so by...
Credit goes to the original writer of the script, Quantadelic, who generously allowed anyone to copy/edit. I adjusted the value of the bottom/top intercept and slope to better fit the March 2020 coronavirus dip.
Use Bitstamp BTCUSD for better reading.
Only for Bitcoin!
This indicator locates weekly gaps created by the CME Futures market for Bitcoin.
As you can see, Bitcoin tends to close the weekly gaps created in the futures market so I thought this could be a very useful tool.
Instead of having to look between multiple charts, this simply overlays the past weeks open and close should a gap appear.
I...
Here's an updated version of our Vortex Trend Tracker indicator.
Here's the link to the original if anyone wants to read more about the Vortex or see the first version:
We've added in 4 rsi's of varying lengths for this second version(2 fast and 2 slow) that create the background color effect.
This is an experiment I did a while back ago.
I often think On Balance Volume is a great indicator as trend direction and volume cannot lie.
However, I bumped into a few problems.
It is slow, doesn't show volatility and often time it is prone to chop.
That's why I added ATR to the equation.
Original OBV calculation
src > 0? : +volume : src < 0?...
Pivot reversal strategy almost always works pretty good for crypto.
Here is setup with 4 left, 4 right bars for pivot points for XBTUSD 1h chart.
It shows a pretty nice performance of 350% with only 10% dd, Sharpe is 1.16.
If you're interested in using this strategy in my scripts you can find alerts for it and a version with added backtesting range.
And...
Dear all,
Free strategy again.
I found using 3 volatility stop with different settings could be very helpful when trading an intraday trending market.
With the ATR setting or 5, 10, 15, we can weed out many false break.
Vstop setting is OHLC4.
On the other hand, this strategy also utilize Renko as part of the strategy, so you could say this strategy is...
This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators.
This script focus solely on ATR or Average True Range.
This indicator is the...
Personal DMI and ADX script
ADX color change from positive vs negative momentum
DMI Color fill based on DMI+/- positive momentum
No fill color during lack of momentum
T3 Moving Average indicator was originally developed by Tim Tillson in 1998/99.
T3 Moving Average is considered as improved and better to traditional moving averages as it is smoother and performs better in trending market conditions.
It offers multiple opportunities when the price is in the state of retracement and therefore allows to minimize your exposed risk...
Here we are looking at a trend strength indicator based on the Relative Vigor Index(RVI). The RVI measures trend strength by comparing the open-close and high-low ranges for the current and three most recent periods. As a zero-centered oscillator, the RVI oscillates above and below zero to signal the strength of the trend.
As there are different ways to interpret...
![XBTUSD: UT Bot Strategy with Backtesting Range [QuantNomad]](https://s3.tradingview.com/r/RHagaXIp_mid.png "UT Bot Strategy with Backtesting Range [QuantNomad]")
![BTCUSD: [2020 Updated]Bitcoin Logarithmic Growth Curves](https://s3.tradingview.com/2/2HTjMg31_mid.png "[2020 Updated]Bitcoin Logarithmic Growth Curves")
