CAMARILLA PIVOTSThis indicator is based on the Pivot study. Traders will be able to plot CPR, Standard floor pivots as well as Camarilla Pivots on multiple timeframes.
Why pivots from multiple timeframes are relevant and included in this one indicator?
We can analyse pivots on multiple timeframes for different trading setups. As in, Daily floor pivots are best suited for analysing the market trend for Day trading. Similarly, Weekly and Monthly floor pivots can be analysed for Swing and positional trading entries. Whereas yearly pivot is best suited for trend analysis for investment purpose.
What is the relevance of plotting tomorrow's pivot level in advance?
Pivot are calculated based on the price happened on a previous day. And hence trader can plot tomorrow pivots in advance to shortlist stocks for tomorrow's trading session.
TimeFrames Available to traders are –
- Auto (1H)
1. Daily
2. Weekly
3. Monthly
4. Quarterly
5. Yearly
A) Daily Pivots
Present Day –
1. Trader can plot Daily CPR
2. Trader can plot Daily R1, R2, R3 and R4 pivot resistance levels
3. Trader can plot Daily S1, S2, S3 and S4 pivot support levels
4. Trader can plot Daily Camarilla levels
Future Day –
1. Trader can plot Tomorrow CPR
2. Trader can plot Tomorrow R1, R2, R3 and R4 pivot resistance levels
3. Trader can plot Tomorrow S1, S2, S3 and S4 pivot support levels
4. Trader can plot Tomorrow Camarilla levels
5. Previous Day High and Low
B) Weekly Pivots
Present Week –
1. Trader can plot Present week CPR
2. Trader can plot Present week R1, R2, R3 and R4 pivot resistance levels
3. Trader can plot Present week S1, S2, S3 and S4 pivot support levels
4. Trader can plot Present week Camarilla levels
Next Week –
1. Trader can plot Next week CPR
2. Trader can plot Next week R1, R2, R3 and R4 pivot resistance levels
3. Trader can plot Next week S1, S2, S3 and S4 pivot support levels
4. Trader can plot Next week Camarilla levels
5. Previous Week High and Low
C) Monthly Pivots
Present Month –
1. Trader can plot Present Month CPR
2. Trader can plot Present Month R1, R2, R3 and R4 pivot resistance levels
3. Trader can plot Present Month S1, S2, S3 and S4 pivot support levels
4. Trader can plot Present Month Camarilla levels
Next Month –
1. Trader can plot Next Month CPR
2. Trader can plot Next Month R1, R2, R3 and R4 pivot resistance levels
3. Trader can plot Next Month S1, S2, S3 and S4 pivot support levels
4. Trader can plot Next Month Camarilla levels
5. Previous Month High and Low
EXTREME REVERSAL SETUP:
This is by far my favorite setup in the lot. Classic Mean Reversion setup.
The logic, as explained in the book, goes like this,
1. The first bar of the pattern is about two times larger than the average size of the candles in the lookback period.
2. The body of the first bar of the pattern should encompass more than 50 percent of the bar’s total range, but usually not more than 85 percent.
3. The second bar of the pattern opposes the first.
The setup works extremely well in high beta stocks like Vedanta VEDL.
Feel free to play with the settings in order to better align this pattern with your favorite stock.
OUTSIDE REVERSAL SETUP:
My second favorite setup, it is quite good at catching intraday trends.
Here’s the logic,
1. The engulfing bar of a bullish outside reversal setup has a low that is below the prior bar’s low and a close that is above the prior bar’s high. Reverse the conditions for bearish outside reversal.
2. The engulfing bar is usually 5 to 25 percent larger than the size of the average bar in the lookback period.
Settings for this pattern simply reflect these conditions. Feel free to modify them as you wish.
DOJI REVERSAL SETUP:
Doji candles signify market indecision and this pattern tries to profit off these market conditions.
Logic:
1. The open and close price of the doji should fall within 10 percent of each other, as measured by the total range of the candlestick.
2. For a bullish doji, the high of the doji candlestick should be below the ten-period simple moving average. Vice-versa for bearish.
3. For a bullish doji setup, one of the two bars following the doji must close above the high of the doji. Vice-versa for bearish.
Feel free to modify the settings and optimize according to the stock you are trading.
Don't optimize too much :)
This pattern works brilliantly well on larger intraday timeframes, like 15m/30m/60m.
This pattern also has a higher propensity to give false indications than the two described above.
Doji reversal typically helps to catch larger trend reversals.
WICK REVERSAL SETUP:
This pattern tries to capture candlesticks with large wick sizes, as they often indicate trend reversal when coupled with significant support and resistance levels.
Logic:
1. The body is used to determine the size of the reversal wick. A wick that is between 2.5 to 3.5 times larger than the size of the body is ideal.
2. For a bullish reversal wick to exist, the close of the bar should fall within the top 35 percent of the overall range of the candle.
3. For a bearish reversal wick to exist, the close of the bar should fall within the bottom 35 percent of the overall range of the candle.
This pattern must always be coupled with important support resistance levels, else there will be a lot of false signals.
This indicator helps you identify market structure by plotting swing highs and lows (HH, LH, HL, LL).
Indicator Settings Overview
SWING LENGTH
The number of leftbars and rightbars when searching for swing points. The lower the value, the more swing points are shown and the higher the value, the less swing points are shown. I suggest adjusting it to fit your style and when switching between different timeframes.
BOSS
BOSS Relative Strength MeterTHE BEST FOREX, STOCKS, COMMODITIES , AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
The relative strength meter (RSM) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.
The RSM is displayed as a color coded meter.
GREEN: Bullish Uptrend
RED: Bearish Downtrend
YELLOW: Disbursement
Highlights:
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
Freedom to Tune
User can change colors
Available Here: bosscripts.com
7_Day Trial: bosscripts.com
Camarilla Pivots (D,W,M) Secrets of a Pivot BossPrimarily for equities as no provision has been made to control the timing at which the open close high low are determined, indeed, I see no straightforward mechanism to do so in Pinescript.
Development aided by: but with the entirely different calculations presented in "Secrets of a Pivot Boss" by Franklin Ochoa. And far cleaner and less-redundant code.
To trade the indicator, watch the H3,H4,H5 and L3,L4,L5 bars. There are two built-in strategies. Depending on pivot width, sell at H3 and buy at L3 with stop at H4/L4 or above. For strongly trending environments: buy at H4, cover at H5--similarly for downtrends.
BOSS Bullish/Bearish Quantitative Qualitative Estimation (QQE)THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
This indicator is comprised by a smoothed Relative Strength Index and two trailing levels, based on volatility – Fast Trailing Level (Fast TL – the maroon line on the chart above) and Slow Trailing Level (Slow TL – the blue line on the chart above).
The two are determined by calculating the Average True Range (ATR) of the smoothed RSI during a specified number of periods, after which a further ATR smoothing is applied with the use of an additional n-periods Wilders smoothing function.
Ultimately, the RSI’s smoothed ATR is multiplied by the Fast and Slow ATR Multipliers in order to determine the final Fast and Slow Trailing Levels.
Trading the QQE buy and sell signals:
Buy Signal
Bullish crossover happens when Fast ATR TL crosses above Slow ATR TL. When this occurs a blue circle & blue candle will appear and a alert signal to buy is generated.
Sell Signal
Bearish crossover happens when Slow ATR TL crosses above Fast ATR TL. When this occurs a maroon circle & maroon candle will appear and a alert signal to sell is generated.
Bullish/Bearish Divergence Background
Green background indicates Bullish Divergence
Red background indicates Bearish Divergence
Overbought and Oversold Conditions
An overbought condition occurs, when the QQE is at or above its 0.10 level.
An oversold condition occurs, when the QQE is at or below its -.10 level.
BOSS Smooth Stochastic RSI Histogram Oscillator With Alerts THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Our smooth stochastic rsi in column form with buy and sell alerts.
BOSS Zero-Lag Dynamic MACDTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Our MACD is a Zero-Lag (well near zero-lag) We make this claim because MACD utilizes Moving Averages and as you know moving averages are lagging indicators.
For our MACD we utilize The McGinley Dynamic which looks like a moving average line yet it is a smoothing mechanism for prices that turns out to track far better than any moving average.
The McGinley Dynamic minimizes price separation, price whipsaws and hugs prices much more closely.
The McGinley Dynamic does this automatically as this is a factor of the formula.
Because of the calculation, the Dynamic Line speeds up in down markets as it follows prices yet moves more slowly in up markets.
As traders we want to be quick to sell in a down market, yet ride an up market as long as possible.
Source: Investopedia.com
Chart Image shows conventional MACD on Bottom and BOSS Zero-Lag Dynamic MACD on top
Available at: bosscripts.com
BOSS EMA Trend MeterTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Bullish Uptrend
To determine bullish uptrend there must beat least 2 green squares on all three trend meters. This is a great predictor that a uptrend is imminent.
Bearish Downtrend
To determine bearish downtrend there must beat least 2 red squares on all three trend meters. This is a great predictor that a downtrend is imminent.
For best results use with Boss Bull/Bear Stochastic RSI
If you get a buy signal on Boss Bull/Bear Stochastic RSI and trend meter has a minimum of 2 green squares then this is a great buy/long entry.
If you get a sell signal on Boss Bull/Bear Stochastic RSI and trend meter has a minimum of 2 red squares then this is a great sell/short entry
Available at bosscripts.com
Website bosscripts.com
BOSS Smooth Stochastic Bull/Bear Oscillator With Alerts THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Short Entry
During a price downtrend and you get a sell signal (red dot) enter short when the "K" line (green line) drops below 65 (mid upper band).
Long Entry
During an uptrend, buy when you get a long signal (green dot) and "D" line (red line) rises above 35 (mid lower band) .
Bull/Bear
Green background indicates bullish price action (uptrend)
Red background indicates bearish price action (downtrend)
Available At bosscripts.com
Website bosscripts.com
Boss Support and Resistance zonesTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Green = Support Zones
Red = Resistance Zones
The basic trading method for using support and resistance is to buy/long near support in uptrends, and to sell/short near resistance in downtrends.
Also included in this indicator are a Higher High, Lower High, Higher Low, and Lower Low indicator as well as Fast and Slow EMA'S
Available at bosscripts.com
Website bosscripts.com
BOSS Automatic TrendlinesTHE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Trendlines when drawn properly make an excellent tool for traders. Used improperly though, they become ineffective and even counterproductive, resulting in a belief that prices have made a reversal when they really haven't, or that a trend has strength when price action suggests it doesn't.
The Boss Auto Trendline Indicator draws the trendlines automatically, and now you can effectively use trendlines as part of your trading strategy.
Trendlines highlight a trend or range (sideways movement). A trendline connects swing lows, where the low is lower than the surrounding prices, and swing highs in price. When the price rises, the swing lows rise.
Red Lines & Dots.
Connecting these lows with a line results in an ascending trendline, showing you that the trend is up. A trendline can also be drawn along the swing highs. This shows the angle of ascent, and the strength of the price move, whether strongly higher or not.
Green Lines & Dots
When the price falls, the swing highs fall. Connecting these highs with a line results in a descending trendline, illustrating the downward trend. A trendline can also be drawn along the swing lows. This shows the angle of descent and the strength of the downward price movement.
Available at bosscripts.com
Website bosscripts.com
666 & BKThis method uses common numbers which rule the word, 666, so ma 6,12,18,66,180 and the boss method whose ma 7, 14, 21, 77, 231.
Ultimate BK MA's Pro - CryptoProToolsAn All-In-One indicator for those using The BOSS method by Brandon Kelly
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The Free version of this indicator is just the essential BK SMA's but allows for no customization.
With the Pro version you get the ability to switch from SMA's (Simple Moving Average) and use any of the following:
- SMA - Simple
- EMA - Exponential
- DEMA - Double Exponential
- WMA - Weighted
- VWMA - Volume Weighted
- TEMA - Triple Exponential
- HMA - Hull
- SMMA - Smoothed
We've added quick Alert settings to easily setup TradingView alerts for when the Green crosses over the Orange!
You can also change the source / length / colors of the MA's and Turn arrow signals on or off.
