NEXT VWAP SlopeOverview:
This customizable oscillator tracks slope of the Volume-Weighted Average Price ( VWAP ) line, positive and negative, over a user-specified run (bar distance). It is highly responsive, far more so than VWAP alone, making it suitable for issuing long and short signals (especially around 0 crossovers) as well as exit signals at positive and negative extremes (corresponding to price-volume momentum exhaustion).
NASDAQ 100 Futures ( CME_MINI:NQ1! ) 1-minute trend following
The example below shows a NEXT VWAP Slope 0-crossover strategy, issuing long signals when the VWAP Slope line crosses over 0 and short when it crosses under it. You will need the NEXT Strategy Visualizer (free) to plot NEXT VWAP Slope's signals.
NEXT VWAP Slope is highly customizable, allowing you to change the length of the run (for smoother slopes), as well as the midline level - in the above example it is 0. The latter is useful if you want to introduce a bias into your strategies: long, if negative, short, if positive.
Input Parameters:
There are 2 groups of input.
Slope Settings
Slope Run - controls the length of time (in bars) for slope calculation with higher values yielding a smoother, more filtered, but less responsive curve
Midline - the NEXT VWAP Slope level above which market is considered long, below short; default is 0
Upper Limit - the NEXT VWAP Slope level above which market is considered overbought; default is 0 (off)
Lower Limit - the NEXT VWAP Slope level under which market is considered oversold; default is 0 (off)
VWAP Settings
Anchor Period - controls the origin of VWAP calculations, start of session being the default.
Source - data used for calculating the VWAP, typically HLC /3, but can be used with other price formats and data sources as well.
Offset - shifting of the VWAP line forward (+) or backward (-).
Here is how to set NEXT VWAP Slope crossing 0 alerts: open a chart, attach NEXT VWAP Slope, and right-click on chart -> Add Alert. Condition: NEXT VWAP Slope >> VWAP >> Crossing >> Value >> 0 >> Once Per Bar Close.
Deceleration
Acceleration/Deceleration with alerts (Hendo@4C)My variation of the Acceleration/Deceleration by Bill Williams. I found the existing variations of this indicator on TradingView severely lacking in terms of options. Credits go to a close friend who recommended writing this.
NOTE: The setting called: "Invert acceleration dots", can make gauging tops and bottoms "earlier" easier. Due to the nature of this indicator and the fact that you can set alerts on deceleration.
//Overview of settings//
“Plot tops and bottoms” default: True
An option to enable plotting shapes when a top or bottom is printed. I use a non conventional way to detect tops and bottoms. This secures false signals. Alerts can be added to this.
“Fill background” default: True
Fills the background between the A/D and the 0 line.
“Source for A/D” default: (high+low)/2
This is the source for calculation of the indicator. Bill Williams himself describes using the “HL2” and this is what the default value is. Potentially once could experiment with “HLC3” (high+low+close)/3. Since this is also a popular way of using this indicator.
“Length of F-SMA” default: 5
The length of the fast simple moving average that the indicator uses. Again: The default is 5 but one could experiment with higher/lower values to change the reaction time of the indicator.
“Length of S-SMA” default: 34
The lenght of the slow simple moving average that the indicator uses. The default by Bill Williams here is 34. One could experiment with higher values to reduce noise.
“Activate less noise mode” default: False
Uses a proprietary way of averaging values in price. This creates an entirely new indicator in itself. Can be very useful for trading the lower timeframes. It is however advised to understand that enabling this settings will not make the indicator the “standard A/D // AC” anymore.
“Plot alert levels” default: False
This setting allows you to plot extra levels at certain values (just like the RSI for example). Keep in mind however that you need to manually adjust the values to fit the instrument you’re trading. Of course you can set alerts to these levels. Be careful enabling this: Since it might pull the chart out of proper scaling.
“Value of +Line plot” default: 25”
Sets the level of the first “alert level” described earlier. I picked 25 as an example for Bitcoin. Be careful setting these levels: Since it might pull the chart out of proper scaling.
“Value of -Line plot” default: -25”
Sets the level of the second “alert level” described earlier. I picked -25 as an example for Bitcoin. Be careful setting these levels: Since it might pull the chart out of proper scaling.
“Fill background between lines” default: False
Enabling this will fill the background between the previously discussed +Line plot and the -Line plot. Again: Much like RSI.
“Color background if 0 is crossed” default: True
Colors the background of the indicator everytime the 0 line is crossed. Of course alerts can be set up in order to push an alert every time this happens. The default color for this is “Fuchsia”. Because it contrasts well.
“Show visual accel/decel” default: True
Uses a few simple mathematical functions in order to calculate if the A/D is accelerating or decelerating. If enabled it will plot dots when the A/D is accelerating up or accelerating down: Meaning: When the change is more rapid than the previous change (hence acceleration).
"Invert acceleration dots" default: False
Changes the previous function mentioned: Let’s say you don’t want to know acceleration but you want to know the the A/D is decelerating (meaning: The change is less rapid than the previous change). You can enable this setting. If you enable this it will plot dots on the A/D when we’re decelerating instead of accelerating. (hence deceleration).
"Color entire background of A/D" default: False
In case you desire to plot the entire background of the indicator you can enable this setting. Might make it a little bit more easy to spot changes in the A/D (especially when using multiple indicators).
That’s all in terms of settings. Most of these settings also describe the use case.
The use case as described by TradingView is the following:
“The Accelerator Oscillator (AC) is an indicator developed by Bill Williams that helps traders gauge changes in momentum. It is based on the Awesome Oscillator (AO) and measures the difference between that indicator and its 5-period moving average, effectively showing how quickly the AO changes and predicting what it will do next. If the AC is in positive territory, the upward acceleration is likely to continue. If the AC is in negative territory, the downward acceleration is likely to continue. The bars in the histogram have 2 colors: red indicating a fall in price and green indicating a rise in price. Various specific buy and sell signals can be derived from the color of the bars and whether they are above or below the 0-line.”
I’ve decided to add any alert I could think of: Meaning there are in total 22 customizable alerts to set up when using this indicator. If you have any conditions that I forgot to add feel free to leave a comment.
Accelerator OscillatorThis indicator was originally developed by Bill M. Williams. Also known as Acceleration/Deceleration Oscillator.
NeoIchi
The idea of this oscillator / indicator came from Ichimoku , how it draws and how it calculates different averages in different scales.
The formula used for this indicator is totally different from Ichimoku , as you can compare the left and right charts, with same setting between my indicator and ichimoku , different results show up.
The inputs that you can use for this indicator/oscillator :
1- HLC3 (better to through it on the chart just like ichimoku
2- acceleration - deceleration (set the first parameter to 5 and the second to 34 for standard calculations)
3- pure volume
4- OBV ( On Balance Volume )
5- Bill Williams MFI ( Market Facilitation Index )
6- Momentum : This one can have different options : set with Barry Burn's formula and bar scale for when the charts are 1 to 3 ratio (B 3) or when they are not 1 to 3 (B), Bill William standard (W), Hybrid with barry's input (Would be bar close but I replaced it with HLC3, better results) but Bill William time scale for calculations (H), and finally, use Bill Williams MFI as input but use Barry Burn's time scales in formula (H M)
If you have any specific input in mind that you think would be nice to have in this system, through a comment bellow and I will add it to the system.
This oscillator / indicator is for sale, you can buy a life long licence that would include all updates with 0.01 BTC. Send the BTC + transaction fee to the wallet address bellow :
12EDAYA52DzcXdh9aLC9Pqqfhm1jNMjxNo
after sending the BTC , contact me in pm and send the transaction ID with your trading view's ID and I will give you access to this oscillator / indicator
