Auto Fibo on IndicatorsThis drawing tool aims to draw auto Fibonacci Retracement Levels on desired indicators.
Users can define the target indicator to draw Auto Fibo Lines, from the "settings tab":
There are six commonly used indicators below the charts that can be selected to draw Fibonacci Retracement lines on:
RSI : Relative Strength Index
CCI : Commodity Channel Index
MFI : Money Flow Index
STOCHASTIC : Stochastic Oscillator
CMF : Chaikin Money Flow
CMO : Chande Momentum Oscillator
Fibonacci Retracement Levels will appear automatically after applying the indicator.
The "Auto Fibo on Indicators" tool looks back. It checks the indicator levels for a desired number of bars and then draws the Fibonacci Levels automatically in the right way, considering the final movements of the indicator.
There are five commonly used Fibonacci Levels added between the Highest and Lowest values such as:
%23.6
%38.2
%50 (Not precisely a Fibonacci Level, indeed)
%61.8 (Golden Ratio)
%78.6
Four extra levels can be added from the settings tab by checking their boxes:
%127.2 (adjustable level)
%161.8
%261.8
%361.8
Default lookback bars of Auto Fibo Levels: 144 (which is also a Fibonacci number)
Default Indicator: RSI
Default Indicator length: 14
Default data source: CLOSE
Users can also define and show overbought and oversold levels by unchecking the "Do not Show Indicator Overbought / Oversold Levels?" button from the settings menu.
In technical analysis, Fibonacci Levels on price can guide valuable trading signals for investors.
Levels can be significant support and resistance levels for breakouts and turning points.
This drawing tool aims to follow those necessary levels on indicators to observe critical levels and breakouts.
CMF
VolumeIndicatorsLibrary "VolumeIndicators"
This is a library of 'Volume Indicators'.
It aims to facilitate the grouping of this category of indicators, and also offer the customized supply of the source, not being restricted to just the closing price.
Indicators:
1. Volume Moving Average (VMA):
Moving average of volume. Identify trends in trading volume.
2. Money Flow Index (MFI): Measures volume pressure in a range of 0 to 100.
Calculates the ratio of volume when the price goes up and when the price goes down
3. On-Balance Volume (OBV):
Identify divergences between trading volume and an asset's price.
Sum of trading volume when the price rises and subtracts volume when the price falls.
4. Accumulation/Distribution (A/D):
Identifies buying and selling pressure by tracking the flow of money into and out of an asset based on volume patterns.
5. Chaikin Money Flow (CMF):
A variation of A/D that takes into account the daily price variation and weighs trading volume accordingly.
6. Volume Oscillator (VO):
Identify divergences between trading volume and an asset's price. Ratio of change of volume, from a fast period in relation to a long period.
7. Positive Volume Index (PVI):
Identify the upward strength of an asset. Volume when price rises divided by total volume.
8. Negative Volume Index (NVI):
Identify the downward strength of an asset. Volume when price falls divided by total volume.
9. Price-Volume Trend (PVT):
Identify the strength of an asset's price trend based on its trading volume. Cumulative change in price with volume factor
vma(length, maType, almaOffset, almaSigma, lsmaOffSet)
@description Volume Moving Average (VMA)
Parameters:
length : (int) Length for moving average
maType : (int) Type of moving average for smoothing
almaOffset : (float) Offset for Arnauld Legoux Moving Average
almaSigma : (float) Sigma for Arnauld Legoux Moving Average
lsmaOffSet : (float) Offset for Least Squares Moving Average
Returns: (float) Moving average of Volume
mfi(source, length)
@description MFI (Money Flow Index).
Uses both price and volume to measure buying and selling pressure in an asset.
Parameters:
source : (float) Source of series (close, high, low, etc.)
length
Returns: (float) Money Flow series
obv(source)
@description On Balance Volume (OBV)
Same as ta.obv(), but with customized type of source
Parameters:
source : (float) Series
Returns: (float) OBV
ad()
@description Accumulation/Distribution (A/D)
Returns: (float) Accumulation/Distribution (A/D) series
cmf(length)
@description CMF (Chaikin Money Flow).
Measures the flow of money into or out of an asset over time, using a combination of price and volume, and is used to identify the strength and direction of a trend.
Parameters:
length
Returns: (float) Chaikin Money Flow series
vo(shortLen, longLen, maType, almaOffset, almaSigma, lsmaOffSet)
@description Volume Oscillator (VO)
Parameters:
shortLen : (int) Fast period for volume
longLen : (int) Slow period for volume
maType : (int) Type of moving average for smoothing
almaOffset
almaSigma
lsmaOffSet
Returns: (float) Volume oscillator
pvi(source)
@description Positive Volume Index (PVI)
Same as ta.pvi(), but with customized type of source
Parameters:
source : (float) Series
Returns: (float) PVI
nvi(source)
@description Negative Volume Index (NVI)
Same as ta.nvi(), but with customized type of source
Parameters:
source : (float) Series
Returns: (float) PVI
pvt(source)
@description Price-Volume Trend (PVT)
Same as ta.pvt(), but with customized type of source
Parameters:
source : (float) Series
Returns: (float) PVI
Adaptive Fisherized CMFIntroduction
Heyo, here I made a normalized Chaikin Money Flow (CMF) indicator with Inverse Fisher Transform (IFT) and some smoothing techniques.
I had to normalize the indicator in order to fit it to the IFT range (-1 -> 1).
Moreover, the good old adaptive mode is also included in this indicator. It uses Ehlers superb dominant cycle techniques.
It also has divergence detection, several options for individualisation and doesn't repaint.
Usage
www.investopedia.com
Signals
CMF above 0 => bullish market
CMF below 0 => bearish market
(You can also use the inner bands instead of the zero line, to make these signals more precise)
Bullish regular/hidden divergence => long
Bearish regular/hidden divergence => short
Enjoy guys!
PS: I really would like to hear some feedback of you.
CMF Correlation CoeffThis overlays CMF of the underlying (solid histogram) and a CMF of the ticker you are comparing it too. The pink line is the correlation coefficient of both CMFs. Experiment/work in progress.
[MAD] CMF 5x MTF BTCthis is a revised classic CMF indicator, with some additional features
Features:
4 different Exchanges:Tickers (clouds).
your current exchanges:ticker (white)
an averaged cmf over all 5 tickers (black)
a selectable time frame for all tickers
3 buy and 3 sell lines (visual H-lines only)
autocentering over ghosts
color scheme is for a dark theme, change in settings if needed.
how to use:
act the crossins
when one or two cmfs move steeply into an h-line, when moving back to the middle they have their signal and do their own risk management.
sometimes really crazy things happen in small time frames (whalegames) that you can use as a tradestop and sit it out.
generally try to go with a bigger trend that give less but better results
SQZ Multiframe StrategyThis is a first attempt to automate what my current strategy when trading is.
It uses 2 timeframes: the one you are currently using to see the chart and an "anchor trend" which is a higher order frame.
Supported timeframes are: 1m, 5m, 15m, 30m, 1H, 4H, 1D, 1W
The Strategy relies on two indicators:
Squeeze Momentum Indicator
CMF
How does it works?
It looks for a moment when the following conditions are met.
For Long:
Positive directionality in SQZM monitor in anchor timeframe
Positive directionality in SQZM monitor in current timeframe
Recent minimum in CMF
For Short:
Negative directionality in SQZM monitor in anchor timeframe
Negative directionality in SQZM monitor in current timeframe
Recent maximum in CMF
After a BUY or SELL order is executed the plot will start showing two lines: A TP line, and a SL line.
The TP and SL move dynamically based on a greedy algorithm based on 3 input parameters.
Min Profit to Start Moving SL (%): Sets an initial target for the trade.
Maximum Possible of SL (%): This is the maximum amount possible for SL. If volatility is not too high, a shorter SL will be chosen based on Kaufman's Stops method
Take profit factor: Is how much portion of the target I am taking as profit once the target is reached
Example for 5% Min profit:
When the first target is reached (+5%), the SL will be updated to 2.5% over the enter price.
When the second target is reached (+10%), the SL will be updated to 5% over the enter price.
Note: The strategy might abandon the position prematurely if a contrary signal is received while the trade is opened, and will change direction.
The Strategy has been backtested mostly for crypto. It might be good for stocks too, but the parameters mentioned might need some adjustments since price moves at a different rate.
Recommended timeframe is 4H for BTC , and 30min/1H for alts.
Comments and ideas are more than welcome!
Multi Timeframe Chaikin Money Flow [Takazudo]This study is intented to be used as a part of buy/sell strategy.
Smooth feature: enable this to make CMF line smooth using MA
Bg Highlight: highlights the background depending on the bull/bear condition
Full strategy Psar+ adx + cmf + rsi This ia full strategy made with a combination of a trender, volume, volatility and oscillator.
In this case we only go long.
Indicators used:
Default PSAR
Default CMF
Modified RSI logic, not using OB/OS
ADX with EMA applied
The rules are : we check if we are in a uptrend on psar, together with a positive value in volume, rsi is above the middle line(50), using a big length, and lastly the ADx is superior to the ema ADx
For exit, we check the opposite, like downtrend psar, negative value volume, rsi < 50, and adx < ema adx
If you have any questions let me know.
Vol Buy/Sell %s, CMF, and Stocahstic Osc & UOPlots % Buy / Sell Volume , Chaikin Money Flow , Stochastic Oscillator, and Ultimate Oscillator on same axis, bound -1 to 1.
Show Volume Percentage, displaying buying as green and positive, selling as red and negative.
Showing the CMF, with green / red fill for positive / negative values.
Modified Stochastic Oscillator, converting bounds to -1 and 1, moving overbought/sold to -0.6 and 0.6, accordingly. Green fill (buy signal) with %D below -0.6 and %K lower than %D. Red fill (sell signal) with %D above 0.6 and %K higher than %D. Fill is between %D and bound, to be more visible.
Modified Ultimate Oscillator, converting bounds to -1 and 1, moving overbought/sold to -0.6 and 0.6, accordingly.
Chaikin Money Flow with Volume PercentsShowing the CMF, with green / red fill for positive / negative values, overlaid with Volume Percentage, displaying buying as green and positive, selling as red and negative.
Indicators all in oneHello Everyone . Sometimes we need some indicators and each one needs seperated window. with this tool we can see indicators by choosing it from pull down menu, in the same window.
Currently you can choose RSI, MACD, Commodity Channel Index (CCI), Momentum, Stochastic, Stochastic RSI, Directional Movement Index (DMI), Chaikin Money Flow (CMF), On-Balance Volume (OBV), Average True Range (ATR), Volume Weigthed MACD (VWMACD).
some screen shots:
DMI:
MACD:
Stochastic RSI
Let me know if you need any other indicator in this tool.
Enjoy!
CMF Osc - Chaikin Money Flow Oscillator [UTS]The well known Chaikin Money Flow Indicator as oscillator version.
General Usage
The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend.
It can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
Chaikin Oscillator (ADL Oscillator) [UTS]The Chaikin Oscillator is basically an oscillator version of the Accumulation / Distribution Index, also known as ADL Indicator.
General Usage
The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend.
It can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
PVT Osc - Price Volume Trend Oscillator [UTS]The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend.
The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher daily closes and subtracts them when price registers a lower daily close, the PVT adds or subtracts only a portion of the volume from the cumulative total in relation to a percentage change in price.
The general market consensus is that this difference enables the PVT to more accurately represent money flow volumes in and out of a stock or commodity.
The PVT has been designed so that it is capable of forecasting directional changes in price. For instance, if the price of a stock is rising and the PVT begins to fall, then this is indicative that a price reversal could occur very soon.
The general consensus is that the PVT is more accurate at detecting new trading opportunities than the OBV because of the differences in their construction. The OBV is designed so that it adds the same amount of volume whether the price closes upwards by just a small fraction or by multiples of its day opening value. On the other hand, the PVT adds volume proportional to the amount the price closed higher.
General Usage
Plain old PVT can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Or controversy, disallow LONG trades in bearish territory and disallow SHORT trades in bullish territory.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
OBV Osc - On Balance Volume Oscillator [UTS]The oscillator version of the well known On Balance Volume Indicator (OBV).
General Usage
Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.
Moving Averages
4 different Moving Averages are available:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
VWMA (Volume Weighted Moving Average)
WMA (Weighted Moving Average)
MFI - Money Flow Index [UTS]Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it.
Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI.
Usage:
When analyzing the money flow index one needs to take into consideration the following points:
divergences between the indicator and price movement. If prices grow while MFI falls (or vice versa), there is a great probability of a price turn;
Money Flow Index value, which is over 80 or under 20, signals correspondingly of a potential peak or bottom of the market.
Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow.
Based on www.metatrader5.com
ADL - Accumulation Distribution Line [UTS]an underlying asset.
It is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is the greater the contribution of the price change (for this period of time) will be in the value of the indicator. The indicator is also known as Accumulation / Distribution Index.
Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow.
Based on www.metatrader5.com
Average Indicators Positionsby this script you can see the average level of macd, macd-asprey, rsi, stochastic, cci, momentum, obv, DI, volume weighted macd, cmf indicators within a period. It also calculates and creates the same graph for higher time frame, so you can see average levels for current and higher time frame. you can also check it for divergence/convergence. You can use it as you wish and add/remove indicators.
Chaikin Money FlowThis script plots the original Chaikin Money Flow in addition of highlighting positive/negative pressure areas.
Chaikin MF% (CMFP) w. Alerts, Bells & Whistles [LucF]This is Chaikin’s Money Flow indicator on a 0-100 scale with buy/sell signals, alerts and other bells & whistles.
It includes:
- a fast EMA (16 periods by default),
- a slow MA (64 periods by default),
- histograms,
- 3 different sorts of crosses,
- big swings identification,
- buy/sell signals on CMFP crossing back from outside user-defined levels,
- buy/sell signals on the slow MA pivots above/below user-defined levels,
- alerts on big swings and buy/sells.
This indicator started with @LazyBear code (VAPI) at:
@cI8DH then changed the scale to 0-100, which I find very useful:
I then added the rest.
The chart above shows both clean and busy versions of the indicator.
Note that the default length is 10 rather than the commonly used 20. I use CMFP in conjunction with VFI and like the fact that it is faster than VFI. The default inputs show the way I normally use this indicator, with the slow MA shown in histogram mode. I find it gives good context to the signal line. Crosses between the two are often useful.
The buy/sell signals aren’t the main attraction of this indicator, and nothing to write home about. Like the big swing markers, I think it’s more realistic to view them as pointers to potentially interesting areas on charts. Their nature makes them more suited to identifying reversals. They certainly aren’t reliable enough to turn this study into a strategy and I normally don’t use them. The levels pre-defined for the buy/sell signals on CMFP are most useful on short intervals. The buy/sell signals on the slow MA pivots work on a more complete range of intervals. Optimization for your specific instruments and intervals will improve their reliability.
As usual when defining alerts, be sure you already have defined proper inputs and that you are on the intended interval, as they will be used when triggering alerts.
Candlestick normalizer + MA's Crossing SignalingWell, after 25 tries I finally did it ._.
Here is the candlestick normalizer I was trying to achieve. In this way you can do a fast and not biased by price candlestick analysis, for example to catch engulfish and doji's on the go ;)
I also added a MAs crossing-over signal I optimized.
Btw, I will try to add volume signaling on this indicator. I had been thinking in 2 options:
1) Maybe as a colour/unfilled bar when volume exceed average
2) Represent the volume on the width of the candlestick.
What do you prefer? Let me know.
I hope you enjoy it!
Phi it.
Accumulation/Distribution Volume (ADV) [cI8DH]This is the simplified and optimized version of my original ADV indicator. It shows both regular volume bars and the accumulated/distributed (A/D) portion of them. The equation is elegant and intuitive. It calculates candle body to candle height ratio and multiplies it by volume: volume*(close-open)/(high-low). This is the building block of my three other indicators, ADL, ADP and ADMF.
- The volume bars has two shades of green and red. The dark shade shows amount of A/D and the light shade shows total volume (what you see on a regular volume indicator).
When money volume is enabled, volume is multiplied by price. As you can see in the chart below, trade volume in terms of USD was growing over the past years.
- Blue line is the moving average of A/D and the orange line is for total volume. When "Baseline Chart" option is enabled, this moving average is identical to ADMF indicator which can be a powerful indicator for assessing buy/sell pressure as well as money flow and volume divergences. You can turn off volume bars (from style menu) for better visibility or you can use the below indicators.
Please note that ADMF is now available as a part of ADP indicator as well and I recommend using the latter since ADP can also replace CMF and MFI indicators.
- If you change the aggregation to cumulative (while having money volume disabled), the gray line becomes identical to On Balance Volume (OBV) and the blue line identical to my ADL indicator. The latter I would argue is more accurate than Chaikin's ADL, William's A/D and OBV.
Accumulation/Distribution VolumeThis is a simple yet powerful indicator that can replace volume, Money Flow, Chaikin Money Flow, Price Volume Trend (PVT), Accumulation/Distribution Line (ADL), On Balance Volume (OBV).
When "Baseline Chart" option is disabled, it looks similar to regular volume. The volume bars has two shades of green and red. The dark shade shows amount of accumulation and the light shade shows total volume (what you see on a regular volume indicator). Blue line is the moving average (or cumulative total) of A/D and the gray line is for total volume.
When money volume is enabled, volume it multiplied by price. As you can see in the chart below, trade volume in terms of USD was declining after ATH. This is not the case in regular volume chart which shows instrument volume (chart above).
In Baseline view, the aggregation method you choose can turn it into different indicators. With EMA/SMA aggregation, blue and gray line shows buy/sell pressure. At 0, there is not buy or sell pressure.
If you turn off volume bars (from style menu), it gives you a reliable indicator to measure divergence. This should be more reliable than most other range-bound indicators (i.e. RSI, MFI, CMF). I will publish a TA about correctly measuring divergence (it's a must read even if you are a pro trader). Make sure that the length is set to a large number on smaller TFs such as 4h.
For following results, set aggregation to cumulative and turn off money volume:
When wick weight=0, the GRAY line is identical to OBV indicator.
When normalized by spread and wick weight=10, the BLUE line is identical to ADL (improved by true range).
When normalized by previous bar price, wick weight=0, the BLUE line is identical to PVT.
How I use this indicator:
- Baseline chart, replaced my regular volume indicator
- Mostly 4h TF for divergence
- EMA aggregation (and occasional cumulative aggregation) with length above 50. I change the length to 100 and 200 for confirmation.
- Wick weight=0 or max 2.
With this indicator, you can learn how different indicators are built and how they are different from each other. I will publish a TA to explain more about different indicators and their pros and cons.
I will publish this indicator without volume bars and additional options to make it range bound.
