Signals Pirate™ Trend MeterSignalsPirate™ Trend Meter gives a complete and all in one insight into the current price action trend and its underlying strength for any asset on any timeframe!
This tool utilise a multitude of tried and tested technical indicators to dynamically and accurately determine the current trend strength of a given asset. Depending on the level of trend strength, this indicator will collate all data to print 5 ‘Points’ with either a green or red colour. This point based system allows for simple and easy understanding of the current direction of price.
The ‘Points’ are each calculated independently to ensure versatile and dependable results. The calculation of each point being bullish or bearish is down to what criteria price action is currently fulfilling. If any of the criteria is in a ‘neutral’ zone and neither bullish (green) or bearish (red), the point will remain its previous colour until a trend change occurs. How the points are calculated:
- If price is above key moving averages on multiple time frames, 1 point is created green. If price is below key moving averages, the point will be red.
- If SOME key moving averages are currently in order to the upside (for example, 9ma is above the 21ma, which is below the 50ma etc), a green point is created – vice versa for a red point.
- If ALL key moving averages are currently in order to the upside (for example, 9ma is above the 21ma, which is above the 50ma etc), a green point is created – vice versa for a red point.
- If key momentum/strength indicators (RSI & Stoch) are bullish, a green point is created – vice versa for a red point.
- If price is above key levels of S/R (calculated through price action levels and pivot points), a green point is created – vice versa for a red point.
You can then set the amount of points needed for a signal to be generated, by default this is set to 5 so all trend identification criteria need to be bullish or bearish for a signal., but this could be set to 4 for example for faster signals. You can also decide whether to be alerted every time the conditions are met, or just when the bias flips entirely from bullish to bearish (green to red) and vice versa.
The default settings are the best settings we’ve found so far but you can change them to build your own unique trading strategy. We’d recommend experimenting with these values to find the best results for the asset you are trading, and your own personal trading style.
Direction for use:
1. Use on any asset class and time frame.
2. Adjust the ‘Trend Strength for Signal’ value.
3. Enter Long on Green ‘Bullish’ signal after candle close, enter Short on Red ‘Bearish’ signal after candle close.
4. Exit position on opposite entry signal, for example if you’re currently in a Long position and a Red ‘Bearish’ signal is printed, close your Long position at the candle close, even if you do not plan on shorting and vice versa.
As mentioned previously, this is a trend identification system that dynamically operates to function with superior accuracy regardless of what you’re trading. But with the level of customisation available, this can easily be fine tuned to accommodate scalping, reversal trading, or even long term investing.
We hope you love this package, and it takes your trading and investing to the next level. Please let us know if you have any questions or queries regarding the logic behind the bundle, or if you have any suggestions for improvements etc. We love your feedback and are constantly striving to continuously improve!
Bundle
Signals Pirate™ Buy Sell SignalsSignalsPirate™ Algo Premium includes standard Buy and Sell signals on the chart, All-in-One Premium Market Dashboard with current trades, and a wide variety of customizability to help you create your own, unique trading strategies.
The main Input options are 'Reactivity' and 'Depth', which allow for a dynamic trend following strategy that works on all time frames and assets. Using these values the strategy will print the bundles main ‘Buy’ and ‘Sell’ signals to try and identify the trend early and accurately. Their main functions are to dynamically calculate volatility and current trend direction – but we’ve gone more in-depth below!
Reactivity:
Reactivity controls how quickly the Algo reacts to changes in trend. This part of the bundle takes into account the Average True Range (ATR) to gauge current market volatility and direction of the trend. Lowering the reactivity value will generate quicker reaction times of the algorithm as it will lower the threshold of volatility required for a signal to be generated. Therefore, it’ll show trades more frequently.
Depth:
Depth controls the position of the signals according to the trend swing. Calculated using a variation of the Average Direction Index (ADX) to measure the changes in prices over a given period, when running parallel to the Reactivity volatility filter the trend can be identified quickly and accurately on any given time frame or asset. Higher Depth will allow for less frequent and slower entries. In contrast, lower Depth will give more frequent and earlier entries.
The default settings are the best settings we’ve found so far but you can change them to build your own unique trading strategy. We’d recommend experimenting with these values to find the best results for the asset you are trading, and your own personal trading and investing style.
Direction for use:
1. Use on any asset class and time frame.
2. Fine tune the Reactivity (volatility) and Depth (trend sensitivity).
3. Enter Long on ‘Buy’ signal after candle close, enter Short on ‘Sell’ signal after candle close.
4. Exit position on opposite entry signal, for example if you’re currently in a Long position and a ‘Sell’ signal is printed, close your Long position at the candle close, even if you do not plan on shorting and vice versa.
As mentioned previously, this is a trend base system that dynamically operates to function with superior accuracy regardless of what you’re trading. But with the level of customisation available, this can easily be fine tuned to accommodate scalping, reversal trading, or even long term investing.
The Dashboard shows the most relevant and real-time information within a simple panel on the chart. It includes three sections. The first section shows Volatility, Volume, Current Sentiment. The second section shows Trends from a 1-minute timeframe to a Month. The third section shows current trade with Variable TP 1, TP 2, TP 3 (calculated using a combination of S/R levels and ATR values), and Maximum Profit for the current trade that could have been entered using this bundle.
We hope you love this all in one package, and it takes your trading and investing to the next level. Please let us know if you have any questions or queries regarding the logic behind the bundle, or if you have any suggestions for improvements etc. We love your feedback and are constantly striving to continuously improve!
[SK] RSI/CCI Correlating OscillatorThe combination of RSI and CCI can be a powerful tool to efficiently signal the strength of the trend and upcoming reversals.
The magic comes when you're able to correlate both indicators correctly, this is the power I give you with the RSCCIO.
I've added additional features to each indicator that make signals more clear and easier to identify.
On the RSI
Directional color coding similar to what you can find on a MACD. This helps to identify the general trend ( above or below midline ) and the of the movement within.
For precise correlation the RSI is adjusted to a midline of 0. You can still enter the overbought/oversold levels as you'd expect on a regular RSI and it will be automatically adjusted.
On the CCI
Extreme strength / weakness color coding when the value exceeds the range makes signals more clear.
For precise correlation with the RSI, we need to scale down the value of the CCI with the Sensitivity Input. The default value works overall but feel free to play around to adjust the scale of the CCI movement.
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RSI Relative Strength Index
The RSI is a momentum indicator that measures the magnitude of recent price changes. An asset is usually considered overbought when the RSI is above 70% and oversold when it is below 30%.
CCI Commodity Channel Index
The CCI was originally developed to spot trend changes. Use the CCI on the longer-term chart to establish the dominant trend and on the shorter-term chart to isolate pullbacks and generate trade signals.
[SK] ScouterWelcome to the Scouter Indicator
What you will enjoy the most out of this big combo breaker are the many configuration options that will enable you to play around and explore different ideas that will help you find patterns more easily while keeping a sexy modern aesthetic, in a single indicator selection. The name gets pretty long so you'll want to collapse the indicators list with the dropdown arrow provided underneath it.
Below is the list of the different building blocks of the indicator and the available settings for each.
3Moving Averages -------------------------------
Configuration:
* Toggle On/Off
* Length of data
* Source of data
* 4 Types of averages to choose from:
-- Weighted
-- Exponential
-- Simple
-- Volume Weighted
* Crossovers
-- Moving Average 2
-- Moving Average 3
-- VWAP
-- Source of data
-- OFF to disable
* Color
VWAP --------------------------------------------
Configuration:
* Toggle on/off
* Source of data
* Crossovers
-- Moving Average 1
-- Moving Average 2
-- Moving Average 3
-- Source of data
-- OFF to disable* Color
Action Cloud -----------------------------------
Select 2 plots from the indicators configured to create a filled cloud.
Whenever the bottom edge crosses over the top edge the fill color changes to the 'Down' color.
* Toggle on/off
* Top / Bottom Edge Source
-- Moving Average 1
-- Moving Average 2
-- Moving Average 3
-- VWAP
-- Keltner Boll Midline
-- Bollinger Top
-- Bollinger Bottom
-- Keltner Top
-- Keltner Bottom
* Color Up / Down
Keltner Boll Clouds --------------------------
These are cloud fills that resemble trends or golden areas in the price action.
It's up to interpretation, play around with them and see how useful they can be for your own trading.
North cloud is created from the top of the Bollinger to the Top of the Kernel
South cloud is created from the bottom of the Kernel to the bottom of the Bollinger
Configuration:
* Toggle on/off
* Source of data
* Length of data
* Keltner Multiplier
* Bollinger Deviation
* Cloud style ( Fill, Bands )
* Cloud Transparency
* Show / Hide Midline moving average
* Type of moving average used
* Moving Average Crossovers
haddocks EMA Script5 exponential moving averages (EMA) in one indicator
EMA 21 black
EMA 55 blue
EMA 99 green
EMA 200 purple
EMA 300 red
EMA's are a powerfull tool to detect trends on all timeframes.
You can copy this script and modify it, if you want to use a differen selection of EMA's or colours.
Moving Average(MA) CollectionA simple collection of Simple Moving Averages and Exponential Moving Averages. 4 moving averages enabled by default from a total of 10.
Turn MAs on/off and edit the line style/colour via MA Collection settings.
Default Moving Averages and Default Line Styles
21 EMA (Thin, Purple)
50 SMA (Medium, Yellow)
100 EMA (Medium, Dove Gray)
200 SMA (Thick, Radical Red)
Other Optional Moving Averages and Default Line Styles
5 SMA (Thin, Gray)
8 EMA (Thin, Strkemaster)
13 EMA (Thin, Stiletto)
40 EMA (Medium, Rio Grande)
100 SMA (Medium, Silver)
314 EMA (Thick, Olive)
Bundle of various indicators, All-in-oneThis scripts compiles many indicators into one. It comes from many sources and i added all sources i used. If i forgot one, don't hesitate to message me.
This is useful if you need to setup your chart layout fast. The menu makes it easy to configure it.
You can configure and display:
- Various types of moving averages: RMA, SMA , EMA , WMA , VWMA , SMMA , HullMA, LSMA , DEMA , TEMA
- Stochastic RSI crosses from multi-timeframes directly on candle's close (1h, 4h, D, W)
- Bollinger bands with primary and secondary deviation
- SAR
- Color background using difference between Stochastic RSI K and D
- Support and resistance
- Open high low close from higher timeframes (D, W, M)
- Auto fibonacci levels (still a work in progress, i will add logarithmic fibonacci levels too later)
- "Alt season" for crypto users: if BTC dominance cross his SMA , display a pictogram on every chart
Stil working on:
- Auto fibonacci levels: i will add logarithmic fibonacci levels
- Stochastic crosses
- Alt season: use others types of moving averages
If you have any suggestions / improvements, feel free to message me or write it in the comments below.
DiNapoli Bundle Oscillators 3-in-1DiNapoli Oscillators 3-in-1 is a Bundle that includes the 3 oscillators used by DiNapoli in just 1 single indicator :
DiNapoli MACD (Dema)
DiNapoli Preferred Stochastic
DiNapoli Detrended Oscillator (DOSC)
This Bundle version includes the following features :
Ability to select which Oscillator to plot: MACD, Stochastic or Detrended
Show/Hide the Oscillation Lines
Show Crosses with Signal Line
Add a label to each oscillator for ease of identification
Adapt OB/OS Factor Ratio to each Market
Show OB/OS Levels
Show Preceding OB/OS Cloud
Show Divergences (experimental)
For convenience it also includes Custom Alerts . Now it is possible to get alerts on:
Oscillator Cross
Bullish Oscillator Cross
Bearish Oscillator Cross
OverBought Condition
Entering OverBought Condition
Exiting OverBought Condition
OverSold Condition
Entering OverSold Condition
Exiting OverSold Condition
Possible Regular Divergence
Possible Regular Bullish Divergence
Possible Regular Bearish Divergence
This indicator is meant to be used by professional traders.
If you would like to subscribe , please send me a private message.
DepthHouse Tutti Frutti Moving AveragesDepthHouse Tutti Frutti Moving Averages combines the use of up to 5 Moving Averages that change colors based upon their position.
This indicator has full MTF support (multiple-time-frame). Meaning you can lock the moving averages to a specific time frame.
Currently Supported MA types:
SMA
EMA
SMMA
Hull MA
WMA
Multiple Time Frame Option
My favorite feature is the ability to lock the displayed moving averages to a specific time frame.
Say you wish to view the 30 min chart while keeping the 60 minute moving averages. Just turn this feature on!
This is a free indicator so please enjoy!
Leave questions and requests in the comments below!