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Baseline

Ichimoku + 2 base linesIchimoku + 2 base line This indicator is a combination of Ichimoku cloud indicator with two base lines. The first base line is the same as the Ichimoku default settings but the baseline 2 indicates an average of 108 candles in the past and it acts as a strong support and resistance level. How to use this indicator? You can use this indicator to see if a break out is true or is a false break. For example if the price broke up the Ichimoku cloud and base line 2 is above the price, it will probably react to that area but if it's below the price, it is a good opportunity to buy. (for sell/short position it is in the opposite way the base line 2 should be above the price) If you want to trade in support zones base line 2 (108) is a very good area that you can wait for a good candlestick pattern to enter a position. Caution: before using this indicator please back test it and if the results were good enough, use it as a confirmation.
Pine Script™ indicator
by salarkamjoo
Ichimoku BaselineVersion 1.0 with some possible updates in the future. Based on Ichimoku Cloud, this indicator pulls information about Tenkan, Kijun, as well as the Cloud Spans to calculate an immediate to short-term level of support or resistance, depending on whether price is above or below it. Breaking across the line can be a good indicator of when to be long or short on the market, as well as a good way to have a "Baseline" to filter out other signals. By default it is set to a modest 5 bar displacement/offset. Feel free to experiment with this value. Enjoy!
Pine Script™ indicator
by bgeraghty
1
NNFX Baseline ToolNNFX All-in-One Baseline display / test tool. This is usefull (hopefully) for the NNFX way of trading only. It's not intended to be used as a standalone tool. Basically, this script displays and tests many types of Moving Averages as baselines. It displays baseline signals, based on the NNFX ATR-related rule for baseline entries. It can be used as a backtest tool, or plugged into the whole nnfx algo. If signal display option is enabled, signals are displayed on chart : green for long, red for short, orange for crossovers beyond the ATR channel : Many baselines available : SMA , EMA , WMA , VWMA , ALMA , AMA, SMMA , DEMA , FRAMA , HULL, KAMA , KIJUN, JURIK, LAGUERRE, MCGINLEY , TMA1, TMA2, VIDYA , MODULAR FILTER, VAMA , ZLEMA , T3, LSMA, etc. Additional options : - multiplying the ATR channel (and subsequent rule) by a factor (default = 1) - plot the ATR channel (def = yes) - fill it (def = yes) - display signals (def = yes) - option for add color to the baseline, for long/short territory (2 different options : baseline is colored, background is colored) - darkmode / lightmode color option. (def = dark) We also display panels, with general information and some test results. Tests are done within the test period. I tried to test all the different MAs included in the script but some bugs might still be present, so use it at ur own risk. If you'd like a new MA option added, please let me know in comments. I included a "bad" signal detection, it can help for tweaking the settings. Signals are defined as "bad" when they are immediately followed by another signal. When there is 2 or more bad signals next to another, you spotted a chopiness zone (a chopiness zone is defined as a zone where BL get eaten alive). Example : to do : - plug it with the c1/c2 backtest tool (it's the whole point) - add alerts, - add more ma types - stop to use the operator, it's not convenient at all - add wr% calculation as a standalone feature (with TP / SL) - add a way to measure chopiness in the test (dont know how yet) - detect & display chopiness zones I asked other users when I used their ideas (for some particular types of MAs). They all agreed.
Pine Script™ indicator
by sickojacko
23
CW - baselineWhat is Baseline? Baseline acts as powerful filter for CW-Lynx. With this indicator, you can easily tell if market is in uptrend or downtrend. Market is in uptrend if baseline turns green, and market is in downtrend if baseline turns red. Settings Default Base Line Settings allow us to input the Smoothing Type, Length, Source, and Time Frame (Multi-Time Frame Function) desired. There is another option here for Channel Multiplier. There is a Keltner Channel surrounding the Base Line, you can adjust it's width with this setting. Strategy Baseline acts as trend detector, and as filter for Lynx indicator.
Pine Script™ indicator
by cryptowale_com
1
Cracking Cryptocurrency - Base Line What is the Base Line? The Base Line functions as a powerful filter to our primary and continuation signals. With this indicator, we aim to provide you the best method of testing multiple Base Lines to determine what will be the best variant to fit within your trading structure. Should you have difficulty adding it you can search for 'Cracking ' in the indicator window of your Trading View Platform, and it will appear along with the rest of our indicators. Settings Let's take a look at the settings of our Base Line Indicator. Our initial Base Line Settings allow us to input the Smoothing Type, Length, Source, and Time Frame (Multi-Time Frame Function) desired. There is another option here for Channel Multiplier. There is a Keltner Channel surrounding the Base Line, you can adjust it's width with this setting. There is a checkbox to allow the indicator to repaint when viewing higher time frame data on lower time frames. By default, this indicator will not repaint. Only if you, for some reason, want it to (for example for testing live strategies). The other aesthetic option will color the bars based on Base Line trend. Below this are the Take Profit and Stop Loss options. By default, these will not plot. If you desire to see recommended Take Profit and Stop Loss Levels, enable the first checkbox in this section. You can select from Average True Range or Percentage types of TP and SL. You can adjust their parameters in the settings here. Then we arrive at True Range Settings. You can select between an Average or Median, adjust look back length and Smoothing Type. You also have the option to input a custom value. This is especially helpful when trading prior to candle close, or directly after candle close to lock it to the previous candle's closing value. Finally you can plot the Entry Qualifier. It will automatically determine trend based on close relative to the Base Line, however you can Override this with the boolean option. Finally, two No Trade Zone conditions. Candle Size will not take trades where the absolute value of the candle was greater than the ATR multiplier you set here. Qualifier Violations alert you when candles are closing above/below your Trade Qualifier. Strategy This indicator's primary function is to act as a trending filter. However, it can be used for Reversal Bounces, Initiations, and Continuations all on it's own. We encourage you to test this as a robust part of your own trading strategy!
Pine Script™ indicator
by CrackingCryptocurrency
7
Underworld Hunter + Base ZoneUnderworld Hunter + Base Zone is designed to keep traders out of ranging markets by establishing a "dead zone" between the bands where price may be choppy or trends may be short lived. The original Underworld Hunter from @greenmask9 adapted Bollinger Bands by changing the basis from SMA to the EMA of the EMA of the EMA. This version now allows the user to select which moving average they would like to utilize for the calculation. If price is outside of the upper bands, price may be bullish. If price is outside the lower bands, price may be bearish. If price is within the green or red areas of the bands, a trend may be forming. The system also plots when RSI has become over extended above the thresholds selected (70/20 is the default). MA Period is the length/period the moving average is calculated with MA Mode is the type of moving average that will be utilized in the basis calculation The "Standard MA Calculation" Option changes the basis to calculate the moving average selected in MA Mode only once, instead of 3 times Deviation 1 and Deviation 2 determine how far the dead zone bands will be from the basis RSI Period is the length/period the RSI function is calculated with RSI Extended - High Cutoff is the level RSI must reach to be marked as over extended. Most traders refer to this zone as "Overbought" RSI Extended - Low Cutoff is the level RSI must reach to be marked as over extended. Most traders refer to this zone as "Oversold" As many NNFx traders know, overbought and oversold essentially do not exist, though the zones can still be utilized The remaining options are utilized for specific moving average calculations and are set to what is typically considered as "standard" for their values. There are many options available for this code. The code has not been optimized but merely compiled. Settings should be adjusted for the instrument(s) you are trading. Adapted from user @greenmask9 Multiple MA Options Credits to @Fractured and @lejmer Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim As always, trade at your own risk.
Pine Script™ indicator
by StephXAGs
6
Caretakers BaselineThe Caretakers Moving Average Baseline Comparison Indicator. I introduce My Moving Average Baseline Comparison Indicator. This indicator Displays the (Selectable) Source as a 'Zero' Baseline. The Baseline source can be selected from any of the indicators 7 EMAs or 4 SMA's. It can also be chosen from any external indicator or chart plot series. (Default = close). It plots the price differences between 7 EMA's and/or 4 SMA's and the selected Baseline Source. (Default ) This allows for deeper analysis of the alignment of the Moving averages in regards to the source. This also allows for clear analysis of divergences between the moving averages and the source. The EMA's and SMA's can be turned on and off as groups. There is an optional Fill color from the highest period EMA and SMA for easy macro trend identification. The source can be switched to log scale, and a multiplication factor can be applied. (Default = 1000) Note : In log mode the scale values are not accurate. A smoothing factor can be applied to the moving averages to reduce noise. (Default = 1) The Indicator plots can be inverted on the Y axis. The indicator can be used in a variety of ways to plan entries/exits and as a trend analysis tool.
Pine Script™ indicator
by The_Caretaker
10
BASELINE + ATR CHECKER BANDSThis script shows the Ichimoku Baseline and ATR Bands. Inspired by VP's algorithm this indicator tell you if you can open a trade or not. How to use: If a long/short candle cross the baseline and its close is higher/lower the ATR bands DO NOT TAKE the trade, otherwise feel free to enter. Input variables: Baseline Period (26 is default) ATR Period (14 is default) ATR safe zone bands multiplier (default is ATR*1) How to install: Add this indicator to your chart and pin it to the Right Scale (A)
Pine Script™ indicator
by Blackboxdev
2
BERLIN Renegade - Baseline & RangeThis is the baseline and range candles part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications. The baseline is used for price crossover signals, and consists of the LSMA. When price is below the baseline, the background turns red, and when it is above the baseline, the background turns green. It also includes a modified version of the Range Identifier by LazyBear. This version calculates the same, but draws differently. It remove the baseline signal color if the Range Identifier signals there is a possible trading range forming. The main way of identifying ranges is using the BERLIN Range Index. A panel version of this indicator is included in another part of the algorithm, but the bar color version is included here, to make the ranges even more visible and easier to avoid.
Pine Script™ indicator
by lejmer
8
Trend Follower - Light Mode | jhFollow up script for my Trend Follower script. I'm used to dark mode, so I coded a few key plots in white, so those are changed into black on the script. Notably: - > 1 ATR in black dots along the baseline - Current and previous ATR text labels to the right of the price - A text label spacing input that allows you to adjust the spacing for text label from price. This is a trend following system that combines 3 indicators which provide different functionalities, also a concept conceived by VP's No Nonsense FX / NNFX method. 1. Baseline The main baseline filter is an indicator called Modular Filter created by Alex Grover - www.tradingview.com - Alex Grover - Modular Filter ------- That's the moving average like baseline following price, filtering long and short trends and providing entry signals when the price crosses the baseline. Entry signal indicated with arrows. 2. Volume/Volatility, I will called it Trend Strength The next indicator is commonly known as ASH, Absolute Strength Histogram. This indicator was shared by VP as a two line cross trend confirmation indicator, however I discovered an interesting property when I modified the calculation of the histogram. - Alex Grover Absolute Strength ------- My modification and other info here - Absolute Strength Histogram v2 ------- I simplified the display of the trend strength by plotting squares at the bottom of the chart. - Lighted Squares shows strength - Dimmed Squares shows weakness 3. Second Confirmation / Exits / Trailing Stop Finally the last indicator is my usage of QQE (Qualitative Quantitative Estimation), demonstrated in my QQE Trailing Line Indicator - QQE Trailing Line for Trailing Stop ------- Three usages of this amazing indicator, serving as : - Second trend confirmation - Exit signal when price crosses the trailing line - Trailing stop when you scaled out the second trade This indicator is plotted with crosses. Additional plots and information Bar Color - Green for longs, Red for shorts, White when the baseline direction conflicts with the QQE trailing line direction - When it's white, it's usually ranging and not trending, ASH will also keep you off ranging periods. ------- ATR Filter - White circles along the baseline, they will show up if the price has moved more than one ATR from the baseline - The default allowance is 1 ATR. ------- The previous and current ATR value - Label on the right side of the chart showing the previous and current value of ATR
Pine Script™ indicator
by jiehonglim
7
Trend Follower | jhThis is a trend following system that combines 3 indicators which provide different functionalities, also a concept conceived by VP's No Nonsense FX / NNFX method. 1. Baseline The main baseline filter is an indicator called Modular Filter created by Alex Grover - www.tradingview.com - Alex Grover - Modular Filter ------- That's the moving average like baseline following price, filtering long and short trends and providing entry signals when the price crosses the baseline. Entry signal indicated with arrows. 2. Volume/Volatility, I will called it Trend Strength The next indicator is commonly known as ASH, Absolute Strength Histogram. This indicator was shared by VP as a two line cross trend confirmation indicator, however I discovered an interesting property when I modified the calculation of the histogram. - Alex Grover Absolute Strength ------- My modification and other info here - Absolute Strength Histogram v2 ------- I simplified the display of the trend strength by plotting squares at the bottom of the chart. - Lighted Squares shows strength - Dimmed Squares shows weakness 3. Second Confirmation / Exits / Trailing Stop Finally the last indicator is my usage of QQE (Qualitative Quantitative Estimation), demonstrated in my QQE Trailing Line Indicator - QQE Trailing Line for Trailing Stop ------- Three usages of this amazing indicator, serving as : - Second trend confirmation - Exit signal when price crosses the trailing line - Trailing stop when you scaled out the second trade This indicator is plotted with crosses. Additional plots and information Bar Color - Green for longs, Red for shorts, White when the baseline direction conflicts with the QQE trailing line direction - When it's white, it's usually ranging and not trending, ASH will also keep you off ranging periods. ------- ATR Filter - White circles along the baseline, they will show up if the price has moved more than one ATR from the baseline - The default allowance is 1 ATR. ------- The previous and current ATR value - Label on the right side of the chart showing the previous and current value of ATR Adding my Didi and ASH indicators up on this screenshot Didi Index Improved with QQE
Pine Script™ indicator
by jiehonglim
34
Uber Moving Averages [UTS]Uber Moving Averages are four highly customisable moving averages to complement your technical analysis. The optional trend direction visualisation makes it a powerful tool for trend weighted analysis. Moving Averages 16 different Moving Averages are at your disposal. Trend Visualisation If the predominant trend direction is DOWN the moving average is painted red. If the trend direction is UP the moving average is painted in green.
Pine Script™ indicator
by UberTradingSystems
Baseline-C [ID: AC-P]The "AC-P" version of jiehonglim's NNFX Baseline script is my personal customized version of the NNFX Baseline concept as part of the NNFX Algorithm stack/structure for 1D Trend Trading for Forex. Everget's JMA implementation is used for the baseline smoothing method, with optional ATR bands at 1.0x and 1.5x from the baseline. NNFX = No Nonsense Forex Baseline = Component of the NNFX Algorithm that consists of a single moving average Baseline ---> Meant to be used in conjunction with ATR/C1/C2/Vol Indicator/Exit Indicator as per NNFX Algorithm setup/structure. C1 is 1st Confirmation Indicator, C2 is 2nd Confirmation Indicator. JMA (Jurik Moving Average) is used for the baseline and slow baseline. A slow baseline option is included, but disabled by default. The faint orange/purple lines are 1.0x/1.5x ATR from the Baseline, and are what I use as potential TP/SL targets or to evaluate when to stay out of a trade (chop/missed entry/exit/other/ATR breach), depending on the trade setup (in conjunction with C1/C2/Vol Indicator/Exit Indicator) This script is heavily based upon jiehonglim's NNFX Baseline script for signaling, barcoloring, and ATR. SSL Channel option included but disabled by default (Erwinbeckers SSL component) POC (Point of Control) from Volume Profile is included/enabled by default for both the current timeframe and 12HR timeframe 03.freeman's InfoPanel Divergence Indicator was used a reference to replace the current/previous ATR information infopanel/info draw from jiehonglim's script. I'm not sure whether I like the previous way ATR info was displayed vs how I have it currently, but it's something that is completely optional: Specifically: I am tuning this baseline/indicator for 1D trading as part of the NNFX system, for Forex. DO NOT USE THIS INDICATOR WITHOUT PROPER TUNING/ADJUSTMENT for your timeframe and asset class. Note about lack of alerts: Alerts for baseline crosses (and other crosses) have been purposefully omitted for this version upon initial publication. While getting alerts for baseline crosses under certain conditions/filtered conditions that eliminate low-importance signals and crossover whipsaw would be great, it's something I'm still looking into. SPECIFICALLY: There are entry, exit, take profit, and continuation signal components in relation to the Baseline to the rest of the NNFX Algorithm stack (ATR/C1/C2/Vol Indicator/Exit Indicator), including but limited to the "1 candle rule" and the "7 candle rule" as per NNFX. Implementing alerts that are significant that also factor in these rules while reducing alert spam/false signals would be ideal, but it's also the HTF/Daily chart - visually, entry/exit/continuation signal alignment is easy to spot when trading 1D - alerts may be redundant/a pursuit in diminishing returns (for now). //------------------------------------------------------------------- // Acknowledgements/Reference: // jiehonglim, NNFX Baseline Script - Moving Averages // // Fractured, Many Moving Averages // // everget, Jurik Moving Average/JMA // // 03.freeman, InfoPanel Divergence Indicator // // Ggqmna Volume stops // // Libertus RSI Divs // // ChrisMoody, CM_Price-Action-Bars-Price Patterns That Work // // Erwinbeckers SSL Channel //
Pine Script™ indicator
by auroagwei
9
Baseline - evoPlots the high and low of your chosen moving average. Options are: SMA = Simple Moving Average EMA = Exponential Moving Average WMA = Weighted Moving Average HMA = Hull Moving Average VWMA = Volume Weighted Moving Average RMA = Exponetial Weighted Moving Average ALMA = Arnaud Legoux Moving Average Unbox "Use Current Timeframe" to use chosen timeframe below I mainly use this to get in and out of the market for futures trading, to reduce fake outs of having just one moving average line. Let me know if you like it.. Inspired from LazyBear's EMAenvelope :)
Pine Script™ indicator
by EvoCrypto
5
QQE Trailing Line for Trailing Stop | jhUsing parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly. Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator. As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the trend direction changes. There's 2 QQE option, they behave differently during the trend change. Credits to Glaz and Shizaru for their QQE code.
Pine Script™ indicator
by jiehonglim
3