Options Series - MTF 1 and 3 Minute
Objective:
The indicator is named "Options Series - MTF 1 and 3 Minute", suggesting it's designed to analyze options series with multiple time frames (MTF), particularly focusing on 1-minute and 3-minute intervals.
OHLC Values Of Candle:
The code fetches the Open, High, Low, and Close (OHLC) values of the current candle for the specified ticker and timeframes (current, 1 minute, and 3 minutes). Additionally, it calculates the 200-period Simple Moving Average (SMA) of the closing prices for each timeframe.
Bull vs. Bear Condition:
It defines conditions for Bullish and Bearish scenarios based on comparing the current close price with the previous 200-period SMA close price for both 1-minute and 3-minute timeframes. If the current close price is higher than the previous 200-period SMA close price, it's considered Bullish, and if it's lower, it's considered Bearish.
Final Color Condition and Plot:
It determines the color of the candlestick based on the Bullish or Bearish condition. If the conditions for a Bullish scenario are met, the candlestick color is set to green (GreenColorCandle). If the conditions for a Bearish scenario are met, the candlestick color is set to red (RedColorCandle). If neither condition is met (i.e., the candle is neither Bullish nor Bearish), the color remains gray.
The code then plots the 200-period SMA values for both 1-minute and 3-minute timeframes and colors them based on the candlestick color. It also colors the bars based on the candlestick color.
Insights:
This indicator focuses on comparing current close prices with the 200-period SMA close prices to determine market sentiment (Bullish or Bearish).
It utilizes multiple time frames (1 minute and 3 minutes) to provide a broader perspective on market movements.
The color-coded candlesticks and bars make it visually easy to identify Bullish and Bearish trends.
This indicator can be used as part trading based on the identified market sentiment.
Exponential Moving Average (EMA)
Dynamic ConfluenceThe Dynamic MA Confluence Indicator is a powerful tool designed to simplify your trading experience by automatically identifying the most influential moving average (MA) lengths on your chart. Whether you're using Simple Moving Averages (SMA) or Exponential Moving Averages (EMA), this indicator helps you pinpoint the MA length that holds the greatest confluence, allowing you to make informed trading decisions with ease.
How It Works:
This indicator analyzes a wide range of moving averages, from short-term to long-term, to determine which ones are closest to each other. By setting a "Proximity Percentage," you can control how close these MAs need to be to be considered as having confluence. The indicator then calculates the average of these close MAs to establish a dynamic support or resistance level on your chart.
Why Use This Indicator?
Automatic Optimization: Unsure of which MA length to apply? The indicator automatically highlights the MA length with the most confluence, giving you a clear edge in identifying significant market levels.
Adaptability: Choose between SMA and EMA to suit your trading strategy and market conditions.
Enhanced Decision-Making: By focusing on the MA length with the greatest influence, you can better anticipate market movements and adjust your strategies accordingly.
Customizable Sensitivity: Adjust the Proximity Percentage to fine-tune the indicator's sensitivity, ensuring it aligns with your trading preferences.
Key Feature:
Current Key Confluence MA Length: Displayed in an optional table, this feature shows the MA length that currently has the most impact on the confluence level, providing you with actionable insights at a glance.
Whether you're a seasoned trader or just starting, the Dynamic MA Confluence Indicator offers a streamlined approach to understanding market dynamics, helping you trade smarter and with more confidence. This presentation text is designed to clearly communicate the purpose, functionality, and benefits of the indicator, making it easy for users to understand its value and how it can enhance their trading strategies.
The Dynamic MA Confluence Indicator is a tool designed to assist traders in analyzing market trends. It should not be considered as financial advice or a guarantee of future performance. Trading involves significant risk, and it is possible to lose more than your initial investment. Users should conduct their own research and consider their financial situation before making trading decisions. Always consult with a financial advisor if you are unsure about any trading strategies or decisions. This disclaimer is intended to remind users of the inherent risks in trading and the importance of conducting their own due diligence.
LRS-Strategy: 200-EMA Buffer & Long/Short Signals LRS-Strategy: 200-EMA Buffer & Long/Short Signals
This indicator is designed to help traders implement the Leveraged Return Strategy (LRS) using the 200-day Exponential Moving Average (EMA) as a key trend-following signal. The indicator offers clear long and short signals by analyzing the price movements relative to the 200-day EMA, enhanced by customizable buffer zones for increased precision.
Key Features:
200-Day EMA: The main trend indicator. When the price is above the 200-day EMA, the market is considered in an uptrend, and when it is below, it indicates a downtrend.
Customizable Buffer Zones: Users can define a percentage buffer around the 200-day EMA (default is 3%). The upper and lower buffer zones help filter out noise and prevent premature signals.
Precise Long/Short Signals:
Long Signal: Triggered when the price moves from below the lower buffer zone, crosses the 200-day EMA, and then breaks above the upper buffer zone.
Short Signal: Triggered when the price moves from above the upper buffer zone, crosses the 200-day EMA, and then breaks below the lower buffer zone.
Alternating Signals: Ensures that a new signal (long or short) is only generated after the opposite signal has been triggered, preventing multiple signals of the same type without a reversal.
Clear Visual Aids: The indicator displays the 200-day EMA and buffer zones on the chart, along with buy (long) and sell (short) signals. This makes it easy to track trends and time entries/exits.
How to Use:
Long Entry: Look for the price to move below the lower buffer, cross the 200-day EMA from below, and then break out of the upper buffer to confirm a long signal.
Short Entry: Look for the price to move above the upper buffer, cross below the 200-day EMA, and then break below the lower buffer to confirm a short signal.
This indicator is perfect for traders who prefer a structured, trend-following approach, using clear rules to minimize noise and identify meaningful long or short opportunities.
Ewma | viResearchEwma | viResearch
Conceptual Foundation and Innovation
The "Ewma" indicator from viResearch combines the benefits of the Exponentially Weighted Moving Average (EWMA) with the Weighted Moving Average (WMA) to offer traders a more responsive and precise method for trend-following. The EWMA applies greater weight to recent price data, allowing the indicator to adapt quickly to market changes while filtering out short-term fluctuations. By incorporating both EWMA and WMA, this script provides a smoother and more accurate representation of market trends, making it ideal for identifying potential trend shifts and improving trade timing.
This dual-layer smoothing process enables traders to follow market trends with greater accuracy and sensitivity, allowing them to respond quickly to price movements while minimizing the impact of market noise.
Technical Composition and Calculation
The "Ewma" script uses a combination of WMA and EWMA to smooth out price data. First, a WMA is applied to the selected source price over a user-defined length. This WMA is then used as the input for calculating the EWMA, further smoothing the trend and reducing lag. The EWMA is calculated over the same user-defined length, ensuring consistency between the two smoothing processes. This layered approach helps generate more reliable signals for trend changes, as it reduces the influence of short-term price volatility while maintaining responsiveness to significant price movements.
The script monitors whether the current EWMA value is higher or lower than the previous value, generating a trend signal based on this comparison. If the EWMA is higher than the previous bar, it signals a potential upward trend, while a lower EWMA indicates a possible downward trend.
Features and User Inputs
The "Ewma" script offers several customizable inputs, allowing traders to fine-tune the indicator to suit their trading strategies. The Length input controls the period over which both the WMA and EWMA are calculated, affecting how responsive or smooth the indicator is. Additionally, the script includes built-in alert conditions, notifying traders when a trend shift occurs, either to the upside or downside.
Practical Applications
The "Ewma" indicator is designed for traders who want to capture market trends more accurately while reducing the noise from short-term price fluctuations. The dual smoothing of the EWMA helps traders identify potential trend reversals with greater clarity, allowing for earlier and more informed trade entries and exits. By smoothing price data while maintaining responsiveness, the "Ewma" indicator enhances traditional trend-following methods, making it easier to stay aligned with longer-term market trends. The adjustable length setting allows traders to adapt the indicator to various market conditions, whether they prefer faster signals for short-term trading or slower, smoother signals for long-term trend analysis.
Advantages and Strategic Value
The "Ewma" script offers a significant advantage by combining the WMA with the EWMA, delivering a smoother and more responsive trend indicator. This combination helps traders reduce the impact of short-term volatility while maintaining the ability to react quickly to significant price changes. By offering an adaptable and reliable method for trend-following, the "Ewma" indicator helps traders optimize their market positioning and improve the accuracy of their trading strategies.
Alerts and Visual Cues
The script includes alert conditions that notify traders when a significant trend change occurs. The "Ewma Long" alert is triggered when the EWMA crosses above its previous value, indicating a potential upward trend. The "Ewma Short" alert signals a possible downward trend when the EWMA crosses below its previous value. Visual cues, such as changes in the EWMA line color, provide traders with clear and actionable information in real time.
Summary and Usage Tips
The "Ewma | viResearch" indicator provides traders with a powerful tool for trend analysis by combining the benefits of WMA and EWMA smoothing. By incorporating this script into your trading strategy, you can improve your ability to detect trend shifts, confirm trend direction, and reduce noise from short-term price fluctuations. Whether you’re focused on short-term market moves or long-term trends, the "Ewma" indicator offers a reliable and customizable solution for traders at all levels.
Note: Backtests are based on past results and are not indicative of future performance.
Dema Ema Crossover | viResearchDema Ema Crossover | viResearch
Conceptual Foundation and Innovation
The "Dema Ema Crossover" indicator combines the strengths of the Double Exponential Moving Average (DEMA) with an Exponential Moving Average (EMA) crossover strategy. The DEMA is well-known for its ability to reduce lag compared to standard moving averages, offering smoother trend-following signals. In this script, the DEMA is used as the foundation, with two EMAs applied on top of it to further refine the trend detection and crossover points. This combination provides traders with a robust tool for identifying trend shifts and potential entry or exit points.
By leveraging the faster responsiveness of the DEMA and using EMA crossovers, the "Dema Ema Crossover" indicator helps traders detect and act on trend reversals more efficiently, making it a powerful solution for capturing both short- and long-term market movements.
Technical Composition and Calculation
The "Dema Ema Crossover" script consists of three main components: the Double Exponential Moving Average (DEMA), the fast EMA, and the slow EMA. The DEMA is calculated based on the selected length and source price, providing a smooth representation of market trends. Two EMAs are then applied to the DEMA, with one being faster (shorter period) and the other slower (longer period). The crossover between these two EMAs generates the signals for trend changes.
For the DEMA, the calculation uses the ta.dema function, which reduces lag while maintaining smoothness in the moving average. The fast and slow EMAs are calculated using the ta.ema function, with the fast EMA responding more quickly to price changes, while the slow EMA captures broader trends. The crossover between these two EMAs is used to generate buy and sell signals based on the direction of the crossover.
Features and User Inputs
The "Dema Ema Crossover" script offers several customizable inputs that allow traders to tailor the indicator to their trading strategies. The DEMA Length controls how smooth the DEMA is, with a longer length creating a slower-moving average and a shorter length providing a more responsive one. The Fast EMA Length and Slow EMA Length are also customizable, allowing traders to adjust the sensitivity of the crossover signals based on their market outlook and preferred trading timeframe.
Practical Applications
The "Dema Ema Crossover" indicator is designed for traders looking for a reliable crossover strategy that combines the responsiveness of the DEMA with the precision of EMA crossovers. This tool is particularly effective for:
Identifying Trend Reversals: The crossover between the fast and slow EMAs applied to the DEMA provides early signals of potential trend reversals, allowing traders to position themselves in the market more effectively. Confirming Trend Direction: The combined effect of the DEMA and EMA crossovers helps confirm the strength of a trend, improving decision-making around trade entries and exits. Adapting to Different Market Conditions: The customizable parameters allow traders to adjust the sensitivity of the crossover signals, making the indicator suitable for both fast-moving markets and slower, trending environments.
Advantages and Strategic Value
The "Dema Ema Crossover" script offers a significant advantage by combining the smoothness of the DEMA with the accuracy of EMA crossovers. The DEMA’s ability to reduce lag while maintaining responsiveness makes it ideal for trend-following strategies, while the crossover between the fast and slow EMAs provides precise entry and exit points. This combination reduces false signals and helps traders adapt to changing market conditions, resulting in a more reliable and efficient trend-following system.
Alerts and Visual Cues
The script includes alert conditions to notify traders of key crossover events. The "Dema Ema Crossover Long" alert is triggered when the fast EMA crosses above the slow EMA, signaling a potential upward trend. Conversely, the "Dema Ema Crossover Short" alert signals a possible downward trend when the fast EMA crosses below the slow EMA. Visual cues such as colored fills between the two EMAs highlight these crossover points on the chart, helping traders quickly identify trend shifts.
Summary and Usage Tips
The "Dema Ema Crossover | viResearch" indicator provides traders with a powerful combination of the DEMA and EMA crossovers, offering a smooth yet responsive tool for detecting trend reversals and confirming trend direction. By incorporating this script into your trading strategy, you can improve your ability to capture trend changes with greater accuracy, reducing the impact of market noise. Whether you are focused on short-term market moves or long-term trends, the "Dema Ema Crossover" indicator offers a flexible and reliable solution for traders at all levels.
Note: Backtests are based on past results and are not indicative of future performance.
Austin's Range Filter with Trade SignalsAustin’s Range Filter with Trade Signals
Description:
Austin’s Range Filter with Trade Signals is a versatile indicator that combines a custom range filter with dynamic buy and sell signals based on EMA crossovers. This indicator is designed to help traders easily identify trend reversals and optimal trade entry/exit points.
Key Features:
• Range Filter Calculation: The indicator calculates the highest and lowest price over a user-defined period, then multiplies the difference by a customizable multiplier to establish a dynamic range. A combined middle band (average of the upper and lower bounds) is plotted for a clearer visual representation of the price trend.
• Exponential Moving Average (EMA): A user-configurable EMA is added, which acts as the primary signal line. You can adjust the length of the EMA to suit your trading style.
• Buy and Sell Signals:
• Buy Signal: Triggered when the price crosses above the EMA, indicating a potential upward trend.
• Sell Signal: Triggered when the price crosses below the EMA, indicating a potential downward trend.
• Alerts: Custom alert conditions for buy and sell signals allow you to set up real-time notifications when the signal changes, so you never miss an opportunity.
• Customizable Display: You can toggle the visibility of the combined band (purple) and the EMA (blue) for a cleaner chart.
How It Works:
• Buy when the price crosses above the EMA.
• Sell when the price crosses below the EMA.
• Background colors indicate whether the current price is above or below the calculated range, helping you visually identify bullish and bearish conditions.
Customization Options:
• Range Filter Length: The lookback period for the highest/lowest price calculation.
• Range Multiplier: Adjusts the size of the range.
• EMA Length: Set the length of the EMA to fine-tune the signal sensitivity.
• Toggle Lines: Show or hide the combined band and EMA for more flexibility.
This indicator is suitable for a variety of markets including stocks, forex, and crypto, and can be applied to any timeframe. Use it as part of your technical analysis to spot market trends and improve your decision-making process.
How to Use:
1. Apply the indicator to your chart and adjust the settings to suit your strategy.
2. Set up alerts for buy and sell signals to receive real-time notifications.
3. Monitor the price relative to the range and EMA to better time your trades.
This indicator is perfect for traders looking for an intuitive yet powerful tool to enhance their trading strategies with automatic signals and alerts.
[MACC] Moving Average Candle ColorThe simplest trading framework is using moving average. This indicator is harnessing that very method.
What It Does:
This indicator helps you see market trends at a glance by changing the color of the candlesticks based on the relationship between two Exponential Moving Averages (EMAs). When the 9-period EMA is above the 21-period EMA, candlesticks turn green, suggesting a bullish trend. When the 9 EMA is below the 21 EMA, candlesticks turn red, indicating a bearish trend.
Why You'll Love It:
Easy Trend Visualization: Quickly spot trends and potential reversals with color-coded candlesticks.
Customizable Settings: Adjust the lengths of the EMAs to fit your trading style. Just change the values in the settings panel and watch the indicator update in real-time.
Optional EMA Lines: See the EMA lines plotted on your chart for added context and trend confirmation.
How to Use It:
Green Candlesticks: It’s a sign that the trend is likely upward.
Red Candlesticks: signaling a potential downward trend.
Customization:
EMA Lengths: You can set the lengths for the 9 EMA and 21 EMA to whatever fits your trading strategy best.
Colors: Adjust the colors if you want to match your chart’s theme.
Get Started: Add this indicator to your TradingView chart and tweak the settings to see how it helps you track market trends more effectively.
Cherio...
Uptrick: Volume-Weighted EMA Signal### **Uptrick: Volume-Weighted EMA Signal (UVES) Indicator - Comprehensive Description**
#### **Overview**
The **Uptrick: Volume-Weighted EMA Signal (UVES)** is an advanced, multifaceted trading indicator meticulously designed to provide traders with a holistic view of market trends by integrating Exponential Moving Averages (EMA) with volume analysis. This indicator not only identifies the direction of market trends through dynamic EMAs but also evaluates the underlying strength of these trends using real-time volume data. UVES is a versatile tool suitable for various trading styles and markets, offering a high degree of customization to meet the specific needs of individual traders.
#### **Purpose**
The UVES indicator aims to enhance traditional trend-following strategies by incorporating a critical yet often overlooked component: volume. Volume is a powerful indicator of market strength, providing insights into the conviction behind price movements. By merging EMA-based trend signals with detailed volume analysis, UVES offers a more nuanced and reliable approach to identifying trading opportunities. This dual-layer analysis allows traders to differentiate between strong trends supported by significant volume and weaker trends that may be prone to reversals.
#### **Key Features and Functions**
1. **Dynamic Exponential Moving Average (EMA):**
- The core of the UVES indicator is its dynamic EMA, calculated over a customizable period. The EMA is a widely used technical indicator that smooths price data to identify the underlying trend. In UVES, the EMA is dynamically colored—green when the current EMA value is above the previous value, indicating an uptrend, and red when below, signaling a downtrend. This visual cue helps traders quickly assess the trend direction without manually calculating or interpreting raw data.
2. **Comprehensive Moving Average Customization:**
- While the EMA is the default moving average in UVES, traders can select from various other moving average types, including Simple Moving Average (SMA), Smoothed Moving Average (SMMA), Weighted Moving Average (WMA), and Volume-Weighted Moving Average (VWMA). Each type offers unique characteristics:
- **SMA:** Provides a simple average of prices over a specified period, suitable for identifying long-term trends.
- **EMA:** Gives more weight to recent prices, making it more responsive to recent market movements.
- **SMMA (RMA):** A slower-moving average that reduces noise, ideal for capturing smoother trends.
- **WMA:** Weighs prices based on their order in the dataset, making recent prices more influential.
- **VWMA:** Integrates volume data, emphasizing price movements that occur with higher volume, making it particularly useful in volume-sensitive markets.
3. **Signal Line for Trend Confirmation:**
- UVES includes an optional signal line, which applies a secondary moving average to the primary EMA. This signal line can be used to smooth out the EMA and confirm trend changes. The signal line’s color changes based on its slope—green for an upward slope and red for a downward slope—providing a clear visual confirmation of trend direction. Traders can adjust the length and type of this signal line, allowing them to tailor the indicator’s responsiveness to their trading strategy.
4. **Buy and Sell Signal Generation:**
- UVES generates explicit buy and sell signals based on the interaction between the EMA and the signal line. A **buy signal** is triggered when the EMA transitions from a red (downtrend) to a green (uptrend), indicating a potential entry point. Conversely, a **sell signal** is triggered when the EMA shifts from green to red, suggesting an exit or shorting opportunity. These signals are displayed directly on the chart as upward or downward arrows, making them easily identifiable even during fast market conditions.
5. **Volume Analysis with Real-Time Buy/Sell Volume Table:**
- One of the standout features of UVES is its integration of volume analysis, which calculates and displays the volume attributed to buying and selling activities. This analysis includes:
- **Buy Volume:** The portion of the total volume associated with price increases (close higher than open).
- **Sell Volume:** The portion of the total volume associated with price decreases (close lower than open).
- **Buy/Sell Ratio:** A ratio of buy volume to sell volume, providing a quick snapshot of market sentiment.
- These metrics are presented in a real-time table positioned in the top-right corner of the chart, with customizable colors and formatting. The table updates with each new bar, offering continuous feedback on the strength and direction of the market trend based on volume data.
6. **Customizable Settings and User Control:**
- **EMA Length and Source:** Traders can specify the lookback period for the EMA, adjusting its sensitivity to price changes. The source for EMA calculations can also be customized, with options such as close, open, high, low, or other custom price series.
- **Signal Line Customization:** The signal line’s length, type, and width can be adjusted to suit different trading strategies, allowing traders to optimize the balance between trend detection and noise reduction.
- **Offset Adjustment:** The offset feature allows users to shift the EMA and signal line forward or backward on the chart. This can help align the indicator with specific price action or adjust for latency in decision-making processes.
- **Volume Table Positioning and Formatting:** The position, size, and color scheme of the volume table are fully customizable, enabling traders to integrate the table seamlessly into their chart setup without cluttering the visual workspace.
7. **Versatility Across Markets and Trading Styles:**
- UVES is designed to be effective across a wide range of financial markets, including Forex, stocks, cryptocurrencies, commodities, and indices. Its adaptability to different markets is supported by its comprehensive customization options and the inclusion of volume analysis, which is particularly valuable in markets where volume plays a crucial role in price movement.
#### **How Different Traders Can Benefit from UVES**
1. **Trend Followers:**
- Trend-following traders will find UVES particularly beneficial for identifying and riding trends. The dynamic EMA and signal line provide clear visual cues for trend direction, while the volume analysis helps confirm the strength of these trends. This combination allows trend followers to stay in profitable trades longer and exit when the trend shows signs of weakening.
2. **Volume-Based Traders:**
- Traders who focus on volume as a key indicator of market strength can leverage the UVES volume table to gain insights into the buying and selling pressure behind price movements. By monitoring the buy/sell ratio, these traders can identify periods of strong conviction (high buy volume) or potential reversals (high sell volume) with greater accuracy.
3. **Scalpers and Day Traders:**
- For traders operating on shorter time frames, UVES provides quick and reliable signals that are essential for making rapid trading decisions. The ability to customize the EMA length and type allows scalpers to fine-tune the indicator for responsiveness, while the volume analysis offers an additional layer of confirmation to avoid false signals.
4. **Swing Traders:**
- Swing traders, who typically hold positions for several days to weeks, can use UVES to identify medium-term trends and potential entry and exit points. The indicator’s ability to filter out market noise through the signal line and volume analysis makes it ideal for capturing significant price movements without being misled by short-term volatility.
5. **Position Traders and Long-Term Investors:**
- Even long-term investors can benefit from UVES by using it to identify major trend reversals or confirm the strength of long-term trends. The flexibility to adjust the EMA and signal line to longer periods ensures that the indicator remains relevant for detecting shifts in market sentiment over extended time frames.
#### **Optimal Settings for Different Markets**
- **Forex Markets:**
- **EMA Length:** 9 to 14 periods.
- **Signal Line:** Use VWMA or WMA for the signal line to incorporate volume data, which is crucial in the highly liquid Forex markets.
- **Best Use:** Short-term trend following, with an emphasis on identifying rapid changes in market sentiment.
- **Stock Markets:**
- **EMA Length:** 20 to 50 periods.
- **Signal Line:** SMA or EMA with a slightly longer length (e.g., 50 periods) to capture broader market trends.
- **Best Use:** Medium to long-term trend identification, with volume analysis confirming the strength of institutional buying or selling.
- **Cryptocurrency Markets:**
- **EMA Length:** 9 to 12 periods, due to the high volatility in crypto markets.
- **Signal Line:** SMMA or EMA for smoothing out extreme price fluctuations.
- **Best Use:** Identifying entry and exit points in volatile markets, with the volume table providing insights into market manipulation or sudden shifts in trader sentiment.
- **Commodity Markets:**
- **EMA Length:** 14 to 21 periods.
- **Signal Line:** WMA or VWMA, considering the impact of trading volume on commodity prices.
- **Best Use:** Capturing medium-term price movements and confirming trend strength with volume data.
#### **Customization for Advanced Users**
- **Advanced Offset Usage:** Traders can experiment with different offset values to see how shifting the EMA and signal line impacts the timing of buy/sell signals. This can be particularly useful in markets with known latency or for strategies that require a delayed confirmation of trend changes.
- **Volume Table Integration:** The position, size, and colors of the volume table can be adjusted to fit seamlessly into any trading setup. For example, a trader might choose to position the table in the bottom-right corner and use a smaller size to keep the focus on price action while still having access to volume data.
- **Signal Filtering:** By combining the signal line with the primary EMA, traders can filter out false signals during periods of low volatility or when the market is range-bound. Adjusting the length of the signal line allows for greater control over the sensitivity of the trend detection.
#### **Conclusion**
The **Uptrick: Volume-Weighted EMA Signal (UVES)** is a powerful and adaptable indicator designed for traders who demand more from their technical analysis tools. By integrating dynamic EMA trend signals with real-time volume analysis, UVES offers a comprehensive view of market conditions, making it an invaluable resource for identifying trends, confirming signals, and understanding market sentiment. Whether you are a day trader, swing trader, or long-term investor, UVES provides the versatility, precision, and customization needed to make more informed and profitable trading decisions. With its ability to adapt to various markets and trading styles, UVES is not just an indicator but a complete trend analysis solution.
PVT Crossover Strategy**Release Notes**
**Strategy Name**: PVT Crossover Strategy
**Purpose**: This strategy aims to capture entry and exit points in the market using the Price-Volume Trend (PVT) and its Exponential Moving Average (EMA). It specifically uses the crossover of PVT with its EMA as signals to identify changes in market trends.
**Uniqueness and Usefulness**
**Uniqueness**: This strategy is unique in its use of the PVT indicator, which combines price changes with trading volume to track trends. The filtering with EMA reduces noise and provides more accurate signals compared to other indicators.
**Usefulness**: This strategy is effective for traders looking to detect trend changes early. The signals based on PVT and its EMA crossover work particularly well in markets where volume fluctuations are significant.
**Entry Conditions**
**Long Entry**:
- **Condition**: A crossover occurs where PVT crosses above its EMA.
- **Signal**: A buy signal is generated, indicating a potential uptrend.
**Short Entry**:
- **Condition**: A crossunder occurs where PVT crosses below its EMA.
- **Signal**: A sell signal is generated, indicating a potential downtrend.
**Exit Conditions**
**Exit Strategy**:
- The strategy does not explicitly program exit conditions beyond the entry signals, but traders are encouraged to close positions manually based on signals or apply their own risk management strategy.
**Risk Management**
This strategy does not include default risk management rules, so traders should implement their own. Consider using trailing stops or fixed stop losses to manage risk.
**Account Size**: ¥100,000
**Commissions and Slippage**: 94 pips per trade for commissions and 1 pip for slippage
**Risk per Trade**: 10% of account equity
**Configurable Options**
**Configurable Options**:
- **EMA Length**: The length of the EMA used to calculate the EMA of PVT (default is 20).
- **Signal Display Control**: The option to turn the display of signals on or off.
**Adequate Sample Size**
To ensure the robustness and reliability of this strategy, it is recommended to backtest it with a sufficiently long period of historical data, especially across different market conditions.
**Credits**
**Acknowledgments**:
This strategy is based on the concept of the PVT indicator and its application in strategy design, drawing on contributions from technical analysis and the trading community.
**Clean Chart Description**
**Chart Appearance**:
This strategy is designed to maintain a clean and simple chart by turning off the plot of PVT, its EMA, and entry signals. This reduces clutter and allows for more effective trend analysis.
**Addressing the House Rule Violations**
**Omissions and Unrealistic Claims**
**Clarification**:
This strategy does not make unrealistic or unsupported claims about its performance, and all signals are for educational purposes only, not guaranteeing future results. It is important to understand that past performance does not guarantee future outcomes.
Super RSI: Multi-Timeframe, Multi-RSI-MA, Multi Symbol [DucTri]█ Overview
RSI is a very popular indicator that almost every trader knows about. I created this indicator with the goal of helping you use RSI more conveniently and effectively.
█ Uses
Monitor the RSI of 10 currency pairs simultaneously.
The first column shows the RSI of the current currency pair.
RSI below 30 will have a Red background, and above 70 will have a Green background.
Display multiple RSI lines with different lengths (or timeframes).
Displays 3 RSI with 3 different lengths 7, 14 and 21
Displays two RSI lines with two different timeframes. The purple line shows RSI (14) for the 1H timeframe, and the blue line shows RSI (14) for the 4H timeframe.
Display MA and Bollinger Band lines for RSI.
Shows the RSI line along with two MA lines of the RSI: EMA (9) in blue and WMA (45) in red.
Identify RSI Divergence with custom settings
█ Input
- You can have up to three RSI lines, with customizable lengths and timeframes.
- You also have up to three RSI-MA lines, where you can customize the MA type and length.
- You can track RSI for up to 10 currency pairs at the same time.
- Additionally, you can change how the top (or bottom) is determined when identifying divergence.
█ Alerts
Send alerts when two RSI lines cross. For example, when the RSI 14 crosses above the RSI 21, or the RSI on the 1H timeframe crosses above the RSI on the 4H timeframe.*
Send alerts when RSI crosses above or below the RSI-MA line.
Send alerts when two RSI-MA lines cross. For example, when the RSI-EMA (9) crosses above the RSI-WMA (45).*
Send alerts when Divergence (Convergence) appears.
Send alerts when any currency pair in the monitored list shows an Overbought or Oversold signal.
Close Price - EMA Percentage Difference
Title: Close Price - EMA Percentage Difference Indicator
Description:
The Close Price - EMA Percentage Difference Indicator is an essential tool designed to calculate and display the percentage difference between the closing price of a security and its Exponential Moving Average (EMA). This indicator is particularly useful for traders and analysts who want to understand how far the current price is from its EMA, providing insights into potential price trends and reversals.
Key Features:
Customizable EMA Period: Easily adjust the EMA period to match your trading strategy. Whether you're focusing on short-term trends with a 20-period EMA or analyzing long-term trends with a 200-period EMA, this indicator is flexible to suit your needs.
Percentage Difference Calculation: The indicator computes the percentage difference between the closing price and the selected EMA, allowing you to see how much the current price deviates from its moving average in percentage terms. This calculation helps in identifying potential buying or selling opportunities based on price movements relative to the EMA.
Zero Line Reference: A dotted red line at the zero level is included for quick visual reference. This line helps you instantly identify when the closing price is equal to the EMA, and whether the price is above or below the EMA.
Visual Representation: The percentage difference is plotted on a separate panel below the price chart, providing a clear and intuitive visualization that aids in decision-making.
How to Use:
Adjust the EMA period to fit your analysis or trading strategy.
Observe the percentage difference to understand the strength of the current price in relation to the EMA.
Use the zero line as a reference point to determine whether the price is above (positive values) or below (negative values) the EMA, which can help in identifying overbought or oversold conditions.
This indicator is suitable for all types of traders, from day traders to long-term investors, offering valuable insights into the price dynamics relative to the EMA.
Custom EMA Multi-Timeframe Indicator [Pineify]
This innovative indicator combines Exponential Moving Averages (EMAs) across multiple timeframes to provide traders with a comprehensive view of market trends and potential trading opportunities. By analyzing short, medium, and long-term EMAs simultaneously, this indicator offers valuable insights into market dynamics and helps identify high-probability entry and exit points.
Key Features
Multi-timeframe analysis using customizable EMAs
Visual representation of trend alignment across different timeframes
Customizable EMA lengths and sources for each timeframe
Buy and sell signals based on EMA crossovers
Alert functionality for real-time trade notifications
How It Works
The Custom EMA Multi-Timeframe Indicator calculates three separate EMAs:
1. Short-term EMA: Represents immediate market sentiment
2. Medium-term EMA: Captures intermediate trend direction
3. Long-term EMA: Reflects the overall market trend
These EMAs are plotted on the chart using different colors for easy identification. The indicator generates buy and sell signals based on the relative positions of these EMAs, providing traders with clear visual cues for potential trade entries and exits.
Trading Ideas and Insights
This indicator offers several powerful trading concepts:
Trend Alignment: When all three EMAs are aligned (short above medium above long), it indicates a strong trend. Traders can look for pullbacks to enter in the direction of the trend.
Trend Reversal: When the short-term EMA crosses above or below both the medium and long-term EMAs, it may signal a potential trend reversal. This can be used to exit existing positions or enter new trades in the opposite direction.
Range-bound Markets: When the EMAs are tightly grouped together, it suggests a consolidation phase. Traders can wait for a breakout or use range-trading strategies.
Momentum Confirmation: The speed at which the short-term EMA diverges from or converges with the longer-term EMAs can indicate the strength of the current move.
Unique Aspects
What sets this indicator apart is its ability to synthesize information from multiple timeframes into a single, easy-to-interpret visual display. Unlike traditional single-timeframe EMAs, this indicator provides a more holistic view of market trends, reducing false signals and improving trade timing.
The customizable nature of the indicator allows traders to adapt it to various trading styles and market conditions. By adjusting the EMA lengths and sources, traders can fine-tune the indicator to their specific needs and preferences.
How to Use
1. Apply the indicator to your chart
2. Customize the timeframes and EMA settings as desired
3. Look for buy signals when the short and medium EMAs cross above the long EMA
4. Look for sell signals when the short and medium EMAs cross below the long EMA
5. Use the relative positions of the EMAs to gauge overall trend strength and direction
6. Combine with other technical analysis tools for confirmation
Customization
The indicator offers extensive customization options:
Short, medium, and long timeframes can be adjusted
EMA lengths for each timeframe are customizable
EMA source (close, open, high, low, etc.) can be selected for each timeframe
Colors and line styles can be modified to suit personal preferences
Alert settings can be configured for automated trade notifications
Conclusion
The Custom EMA Multi-Timeframe Indicator is a powerful tool for traders seeking to gain a comprehensive understanding of market trends across different time horizons. By combining multiple EMAs and timeframes, it provides a unique perspective on market dynamics, helping traders make more informed decisions and potentially improve their trading results.
Whether you're a day trader looking for short-term opportunities or a swing trader focusing on longer-term trends, this indicator offers valuable insights that can enhance your trading strategy. Its flexibility and customization options make it suitable for a wide range of trading styles and market conditions.
Remember: While this indicator can be a valuable tool in your trading arsenal, it should not be used in isolation. Always combine it with other forms
Uptrick: EMA Trend Indicator
### Overview
The goal of this script is to visually indicate on a trading chart whether all three Exponential Moving Averages (EMAs) are trending upwards (i.e., their slopes are positive). If all EMAs are trending upwards, the script will color the bars green. If not, the bars will be colored red.
### Key Concepts
1. **Exponential Moving Average (EMA)**: An EMA is a type of moving average that places more weight on recent data, making it more responsive to price changes compared to a simple moving average (SMA). In this script, we use three different EMAs with different lengths (20, 50, and 200 periods).
2. **Slope of an EMA**: The slope of an EMA refers to the direction in which the EMA is moving. If the current value of the EMA is higher than its value in the previous bar, the slope is positive (upward). Conversely, if the current value is lower than its previous value, the slope is negative (downward).
3. **Bar Color Coding**: The script changes the color of the bars on the chart to provide a visual cue:
- **Green Bars**: Indicate that all three EMAs are trending upwards.
- **Red Bars**: Indicate that one or more EMAs are not trending upwards.
### Detailed Breakdown
#### 1. Input Fields
- **EMA Lengths**: The script starts by allowing the user to input the lengths for the three EMAs. These lengths determine how many periods (e.g., days) are used to calculate each EMA.
- `ema20_length` is set to 20, meaning the first EMA uses the last 20 bars of data.
- `ema50_length` is set to 50, meaning the second EMA uses the last 50 bars of data.
- `ema200_length` is set to 200, meaning the third EMA uses the last 200 bars of data.
#### 2. EMA Calculation
- The script calculates the values of the three EMAs:
- **EMA 20**: This is calculated using the last 20 bars of closing prices.
- **EMA 50**: This is calculated using the last 50 bars of closing prices.
- **EMA 200**: This is calculated using the last 200 bars of closing prices.
These calculations result in three values for each bar on the chart, each representing the EMA value at that point in time.
#### 3. Determining EMA Slopes
- **EMA Slopes**: To understand the trend of each EMA, the script compares the current value of each EMA to its value in the previous bar:
- For the 20-period EMA, the script checks if today’s EMA value is higher than yesterday’s EMA value.
- This process is repeated for the 50-period and 200-period EMAs.
- If today’s EMA value is greater than yesterday’s value, the slope is positive (upward).
- If today’s EMA value is not greater (it is either equal to or less than yesterday’s value), the slope is not positive.
#### 4. Evaluating All Slopes
- **All Slopes Positive Condition**: The script combines the results of the individual slope checks into a single condition. It uses a logical "AND" operation:
- The condition will be `true` only if all three EMAs (20, 50, and 200) have positive slopes.
- If any one of the EMAs does not have a positive slope, the condition will be `false`.
#### 5. Coloring the Bars
- **Bar Coloring Logic**: Based on the above condition, the script decides the color of each bar on the chart:
- If all slopes are positive (condition is `true`), the bar is colored green.
- If any slope is not positive (condition is `false`), the bar is colored red.
- **Visual Cue**: This provides a quick, visual indication to traders:
- Green bars suggest that the market is in an upward trend across all three EMAs, which might indicate a strong bullish trend.
- Red bars suggest that the trend is not uniformly upward, which could be a sign of weakening momentum or a potential reversal.
#### 6. Alerts
- **Alert Conditions**: The script also allows for alert conditions to be set based on the slope analysis:
- An alert can be triggered when all EMA slopes are positive. This might be useful for traders who want to be notified when the market shows strong upward momentum.
### Summary
- The script essentially takes the market data and applies three different EMAs to it, each with a different time frame.
- It then checks the direction (slope) of each of these EMAs to determine if they are all trending upwards.
- If they are, the script colors the bar green, signaling a potentially strong bullish trend.
- If any of the EMAs is not trending upwards, it colors the bar red, indicating a potential issue with the strength of the trend.
This approach helps traders quickly assess market conditions based on multiple EMAs, providing a clearer picture of the overall trend across different time frames.
Negroni Opening Range StrategyStrategy Summary:
This tool can be used to help identify breakouts from a range during a time-zone of your choosing. It plots a pre-market range, an opening range, it also includes moving average levels that can be used as confluence, as well as plotting previous day SESSION highs and lows.
There are several options on how you wish to close out the trades, all described in more detail below.
Back-testing Inputs:
You define your timezone.
You define how many trades to open on any given day.
You decide to go: long only, short only, or long & short (CAREFUL: "Long & Short" can open trades that effectively closes-out existing ones, for better AND worse!)
You define between which times the strategy will open trades.
You define when it closes any open trades (preventing overnight trades, or leaving trades open into US data times!!).
This hopefully helps make back-testing reflect YOUR trading hours.
NOTE: Renko or Heikin-Ashi charts
For ALL strategies, don’t use Renko or Heikin-Ashi charts unless you know EXACTLY the implications.
Specific to my strategy, using a renko chart can make this 85-90% profitable (I wish it was!!) Although they can be useful, renko charts don’t always capture real wicks, so the renko chart may show your trade up-only but your broker (who is not using renko!!) will have likely stopped you out on a wick somewhere along the line.
NOTE: TradingView ‘Deep backtesting’
For ALL strategies, be cynical of all backtesting (e.g. repainting issues etc) as well as ‘Deep backtesting’ results.
Specific to this strategy, the default settings here SHOULD BE OK, but unfortunately at the time of writing, we can’t see on the chart what exactly ‘deep backtesting’ is calculating. In the past I have noted a number of trades that were not closed at the end of the day, despite my ‘end of day’ trade closing being enabled, so there were big winners and losers that would not have materialized otherwise. As I say, this seems ok at these settings but just always be cynical!!
Opening Range Inputs
You define a pre-market range (example: 08:00 - 09:00).
You define an opening range (example: 09:00 - 09:30).
The strategy will give an update at the close of the opening range to let you know if the opening range has broken out the pre-market range (OR Breakout), or if it has remained inside (OR Inside). The label appears at the end of the opening range NOT at the bar that ‘broke-out’.
This is just a visual cue for you, it has no bearing on what the strategy will do.
The strategy default will trade off the pre-market range, but you can untick this if you prefer to trade off the opening range.
Opening Trades:
Strategy goes long when the bar (CLOSE) crosses-over the ‘pre-market’ high (not the ‘opening range’ high); and the time is within your trading session, and you have not maxed out your number of trades for the day!
Strategy goes short when the bar (CLOSE) crosses-under the ‘pre-market’ low (not the ‘opening range low); and the time is within your trading session, and you have not maxed out your number of trades for the day!
Remember, you can untick this if you prefer to trade off the opening range instead.
NOTES:
Using momentum indicators can help (RSI and MACD): especially to trade range plays in failed breakouts, when momentum shifts… but the strategy won’t do this for you!
Using an anchored vwap at the session open can also provide nice confluence, as well as take-profit levels at the upper/lower of 3x standard deviation.
CLOSING TRADES:
You have 6 take-profit (TP) options:
1) Full TP: uses ATR Multiplier - Full TP at the ATR parameters as defined in inputs.
2) Take Partial profits: ATR Multiplier - Takes partial profits based on parameters as defined in inputs (i.e close 40% of original trade at TP1, close another 40% of original trade at TP2, then the remainder at Full TP as set in option 1.).
3) Full TP: Trailing Stop - Applies a Trailing Stop at the number of points, as defined in inputs.
4) Full TP: MA cross - Takes profit when price crosses ‘Trend MA’ as defined in inputs.
5) Scalp: Points - closes at a set number of points, as defined in inputs.
6) Full TP: PMKT Multiplier - places a SL at opposite pre-market Hi/Low (we go long at a break-out of the pre-market high, 50% would place a SL at the pre-market range mid-point; 100% would place a SL at the pre-market low)'. This takes profit at the input set in option 1).
Multi-Timeframe EMA Distance & % Change TableDescription of Multi-Timeframe EMA Distance & % Change Table
The Multi-Timeframe EMA Distance & % Change Table indicator is designed to display the distance and percentage change between the current price and the Exponential Moving Averages (EMAs) on multiple timeframes. It creates a table to show these values, with customizable options for decimal precision .
Key Features:
Inputs:
- Timeframes (tf1, tf2, tf3, tf4): User-defined timeframes for EMA calculations (e.g., 1 minute, 15 minutes, daily, etc.).
- EMA Levels (emaLevel, emaLevel2, emaLevel3): User-defined periods for three different EMAs.
EMA Calculations:
- Computes EMAs for the specified levels (50, 100, 200) on each of the user-selected timeframes.
Plotting:
- Plots the EMAs on the chart with distinct colors: Orange, Teal, and Green for different EMAs.
Display Options:
- Checkbox (displayAsPercentage): Allows the user to toggle between displaying distances or percentage changes.
- Decimal Precision:
- decimalPlacesDistance: Specifies the number of decimal places for rounded distance values.
- decimalPlacesPercentage: Specifies the number of decimal places for rounded percentage values.
Table Creation:
- Location: Table is placed in the top-right corner of the chart.
- Headers: Includes columns for each timeframe and EMA distance/percentage.
Distance and Percentage Calculations:
- Distances: Calculated as the difference between the current price and the EMA values for each timeframe.
- Percentages: Calculated as the distance divided by the EMA value, converted to a percentage.
Decimal Rounding:
- Custom Rounding Function: Ensures that distance and percentage values are displayed with the user-specified number of decimal places.
Color Coding:
- Distance Values: Colored green if positive, red if negative.
- Table Entries: Display either the rounded distance or percentage, based on user selection.
Table Update:
- The table is dynamically updated with either distance or percentage values based on the user's choice and rounded to the specified number of decimal places.
This indicator provides a comprehensive overview of EMA distances and percentage changes across multiple timeframes, with detailed control over the precision of the displayed values.
EMAs for D W M TimeframesEMAs for D W M Timeframes
Description:
The “EMAs for D W M Timeframes” indicator allows users to set specific Exponential Moving Averages (EMAs) for Daily, Weekly, and Monthly timeframes. The script utilizes these user-defined EMA settings based on the chart’s current timeframe, ensuring that the appropriate EMAs are always displayed.
Please note that for timeframes other than specified, it defaults to daily EMA values.
EMA : The Exponential Moving Average (EMA) is a type of moving average that places greater weight and significance on the most recent data points. This makes the EMA more responsive to recent price changes compared to a simple moving average (SMA), making it a popular tool for identifying trends in financial markets.
Features:
Daily and Default EMAs: Users can specify two EMAs for the Daily timeframe, which also act as the default EMAs for any unspecified timeframe. The default values are set to 10 and 20.
Weekly EMAs: For Weekly charts, the indicator plots two EMAs with default values of 10 and 30. These EMAs help in tracking medium-term trends.
Monthly EMAs: On Monthly charts, the indicator plots EMAs with default values of 5 and 10, providing insights into long-term trends.
Timeframe-Based Display: The indicator automatically uses the EMA settings corresponding to the current chart’s timeframe, whether it is Daily, Weekly, or Monthly.
If the chart is set to any other timeframe, the Daily EMA settings are used by default.
How to Use:
Inputs:
* Daily and Default EMA 1 & 2: Adjust the values for the short-term and long-term EMAs on the Daily chart, which are also used for any other unspecified timeframe.
* Weekly EMA 1 & 2: Set the values for the EMAs that will be shown on Weekly charts.
* Monthly EMA 1 & 2: Specify the values for the EMAs to be displayed on Monthly charts.
Visualization:
* Depending on the current chart timeframe, the script will automatically display the relevant EMAs.
Default Values:
* Daily and Default EMAs: 10 (EMA 1), 20 (EMA 2)
* Weekly EMAs: 10 (EMA 1), 30 (EMA 2)
* Monthly EMAs: 5 (EMA 1), 10 (EMA 2)
This indicator is designed for users who want to monitor EMAs across different timeframes, using specific settings for Daily, Weekly, and Monthly charts.
[TR] Engulf Patterns by SM
Engulf Pattern by SM
Overview:
The " Engulf Pattern by SM" script is designed to identify bullish and bearish engulfing candlestick patterns on TradingView charts. Engulfing patterns are significant in technical analysis as they often indicate potential reversals in market trends.
Features:
- Bullish Engulfing Pattern Detection: The script identifies bullish engulfing patterns, which occur when a larger bullish candle completely engulfs the body of the previous smaller bearish candle.
- Bearish Engulfing Pattern Detection: Similarly, it detects bearish engulfing patterns, where a larger bearish candle engulfs the body of the preceding smaller bullish candle.
- Body Size Filtering: The script includes a feature to filter patterns based on the size of the candle bodies, allowing for more precise marking of significant patterns.
- Visual Markers: The script plots visual markers on the chart to highlight the detected engulfing patterns, making it easy for traders to spot them.
How It Works:
1. Bullish Engulfing Pattern:
- The script checks for a smaller bearish candle followed by a larger bullish candle.
- The body of the bullish candle must completely cover the body of the bearish candle.
- The size of the bullish candle's body must meet a specified threshold to be considered significant.
2. Bearish Engulfing Pattern:
- The script looks for a smaller bullish candle followed by a larger bearish candle.
- The body of the bearish candle must completely engulf the body of the bullish candle.
- The size of the bearish candle's body must meet a specified threshold to be considered significant.
Usage:
- Add the Script: Apply the " Engulf Pattern by SM" script to your TradingView chart.
- Configure Settings: Customize the script settings to suit your trading strategy, including visual marker styles and body size thresholds.
- Monitor Visual Markers: Keep an eye on the visual markers to identify potential trading opportunities based on engulfing patterns.
Disclaimer:
This script is not intended to be used as a direct entry signal. It should be used as a confluence in your overall trading plan. Always conduct your own analysis and consider multiple factors before making any trading decisions.
Feel free to customize this writeup further to match your specific needs! If you have any other requests or need additional details, just let me know.
MACD with 1D Stochastic Confirmation Reversal StrategyOverview
The MACD with 1D Stochastic Confirmation Reversal Strategy utilizes MACD indicator in conjunction with 1 day timeframe Stochastic indicators to obtain the high probability short-term trend reversal signals. The main idea is to wait until MACD line crosses up it’s signal line, at the same time Stochastic indicator on 1D time frame shall show the uptrend (will be discussed in methodology) and not to be in the oversold territory. Strategy works on time frames from 30 min to 4 hours and opens only long trades.
Unique Features
Dynamic stop-loss system: Instead of fixed stop-loss level strategy utilizes average true range (ATR) multiplied by user given number subtracted from the position entry price as a dynamic stop loss level.
Configurable Trading Periods: Users can tailor the strategy to specific market windows, adapting to different market conditions.
Higher time frame confirmation: Strategy utilizes 1D Stochastic to establish the major trend and confirm the local reversals with the higher probability.
Trailing take profit level: After reaching the trailing profit activation level scrip activate the trailing of long trade using EMA. More information in methodology.
Methodology
The strategy opens long trade when the following price met the conditions:
MACD line of MACD indicator shall cross over the signal line of MACD indicator.
1D time frame Stochastic’s K line shall be above the D line.
1D time frame Stochastic’s K line value shall be below 80 (not overbought)
When long trade is executed, strategy set the stop-loss level at the price ATR multiplied by user-given value below the entry price. This level is recalculated on every next candle close, adjusting to the current market volatility.
At the same time strategy set up the trailing stop validation level. When the price crosses the level equals entry price plus ATR multiplied by user-given value script starts to trail the price with EMA. If price closes below EMA long trade is closed. When the trailing starts, script prints the label “Trailing Activated”.
Strategy settings
In the inputs window user can setup the following strategy settings:
ATR Stop Loss (by default = 3.25, value multiplied by ATR to be subtracted from position entry price to setup stop loss)
ATR Trailing Profit Activation Level (by default = 4.25, value multiplied by ATR to be added to position entry price to setup trailing profit activation level)
Trailing EMA Length (by default = 20, period for EMA, when price reached trailing profit activation level EMA will stop out of position if price closes below it)
User can choose the optimal parameters during backtesting on certain price chart, in our example we use default settings.
Justification of Methodology
This strategy leverages 2 time frames analysis to have the high probability reversal setups on lower time frame in the direction of the 1D time frame trend. That’s why it’s recommended to use this strategy on 30 min – 4 hours time frames.
To have an approximation of 1D time frame trend strategy utilizes classical Stochastic indicator. The Stochastic Indicator is a momentum oscillator that compares a security's closing price to its price range over a specific period. It's used to identify overbought and oversold conditions. The indicator ranges from 0 to 100, with readings above 80 indicating overbought conditions and readings below 20 indicating oversold conditions.
It consists of two lines:
%K: The main line, calculated using the formula (CurrentClose−LowestLow)/(HighestHigh−LowestLow)×100 . Highest and lowest price taken for 14 periods.
%D: A smoothed moving average of %K, often used as a signal line.
Strategy logic assumes that on 1D time frame it’s uptrend in %K line is above the %D line. Moreover, we can consider long trade only in %K line is below 80. It means that in overbought state the long trade will not be opened due to higher probability of pullback or even major trend reversal. If these conditions are met we are going to our working (lower) time frame.
On the chosen time frame, we remind you that for correct work of this strategy you shall use 30min – 4h time frames, MACD line shall cross over it’s signal line. The MACD (Moving Average Convergence Divergence) is a popular momentum and trend-following indicator used in technical analysis. It helps traders identify changes in the strength, direction, momentum, and duration of a trend in a stock's price.
The MACD consists of three components:
MACD Line: This is the difference between a short-term Exponential Moving Average (EMA) and a long-term EMA, typically calculated as: MACD Line=12-period EMA−26-period
Signal Line: This is a 9-period EMA of the MACD Line, which helps to identify buy or sell signals. When the MACD Line crosses above the Signal Line, it can be a bullish signal (suggesting a buy); when it crosses below, it can be a bearish signal (suggesting a sell).
Histogram: The histogram shows the difference between the MACD Line and the Signal Line, visually representing the momentum of the trend. Positive histogram values indicate increasing bullish momentum, while negative values indicate increasing bearish momentum.
In our script we are interested in only MACD and signal lines. When MACD line crosses signal line there is a high chance that short-term trend reversed to the upside. We use this strategy on 45 min time frame.
ATR is used to adjust the strategy risk management to the current market volatility. If volatility is low, we don’t need the large stop loss to understand the there is a high probability that we made a mistake opening the trade. User can setup the settings ATR Stop Loss and ATR Trailing Profit Activation Level to realize his own risk to reward preferences, but the unique feature of a strategy is that after reaching trailing profit activation level strategy is trying to follow the trend until it is likely to be finished instead of using fixed risk management settings. It allows sometimes to be involved in the large movements.
Backtest Results
Operating window: Date range of backtests is 2023.01.01 - 2024.08.01. It is chosen to let the strategy to close all opened positions.
Commission and Slippage: Includes a standard Binance commission of 0.1% and accounts for possible slippage over 5 ticks.
Initial capital: 10000 USDT
Percent of capital used in every trade: 30%
Maximum Single Position Loss: -4.79%
Maximum Single Profit: +20.14%
Net Profit: +2361.33 USDT (+44.72%)
Total Trades: 123 (44.72% win rate)
Profit Factor: 1.623
Maximum Accumulated Loss: 695.80 USDT (-5.48%)
Average Profit per Trade: 19.20 USDT (+0.59%)
Average Trade Duration: 30 hours
These results are obtained with realistic parameters representing trading conditions observed at major exchanges such as Binance and with realistic trading portfolio usage parameters.
How to Use
Add the script to favorites for easy access.
Apply to the desired timeframe between 30 min and 4 hours and chart (optimal performance observed on 45 min BTC/USDT).
Configure settings using the dropdown choice list in the built-in menu.
Set up alerts to automate strategy positions through web hook with the text: {{strategy.order.alert_message}}
Disclaimer:
Educational and informational tool reflecting Skyrex commitment to informed trading. Past performance does not guarantee future results. Test strategies in a simulated environment before live implementation
Double CCI Confirmed Hull Moving Average Reversal StrategyOverview
The Double CCI Confirmed Hull Moving Average Strategy utilizes hull moving average (HMA) in conjunction with two commodity channel index (CCI) indicators: the slow and fast to increase the probability of entering when the short and mid-term uptrend confirmed. The main idea is to wait until the price breaks the HMA while both CCI are showing that the uptrend has likely been already started. Moreover, strategy uses exponential moving average (EMA) to trail the price when it reaches the specific level. The strategy opens only long trades.
Unique Features
Dynamic stop-loss system: Instead of fixed stop-loss level strategy utilizes average true range (ATR) multiplied by user given number subtracted from the position entry price as a dynamic stop loss level.
Configurable Trading Periods: Users can tailor the strategy to specific market windows, adapting to different market conditions.
Double trade setup confirmation: Strategy utilizes two different period CCI indicators to confirm the breakouts of HMA.
Trailing take profit level: After reaching the trailing profit activation level scrip activate the trailing of long trade using EMA. More information in methodology.
Methodology
The strategy opens long trade when the following price met the conditions:
Short-term period CCI indicator shall be above 0.
Long-term period CCI indicator shall be above 0.
Price shall cross the HMA and candle close above it with the same candle
When long trade is executed, strategy set the stop-loss level at the price ATR multiplied by user-given value below the entry price. This level is recalculated on every next candle close, adjusting to the current market volatility.
At the same time strategy set up the trailing stop validation level. When the price crosses the level equals entry price plus ATR multiplied by user-given value script starts to trail the price with EMA. If price closes below EMA long trade is closed. When the trailing starts, script prints the label “Trailing Activated”.
Strategy settings
In the inputs window user can setup the following strategy settings:
ATR Stop Loss (by default = 1.75)
ATR Trailing Profit Activation Level (by default = 2.25)
CCI Fast Length (by default = 25, used for calculation short term period CCI
CCI Slow Length (by default = 50, used for calculation long term period CCI)
Hull MA Length (by default = 34, period of HMA, which shall be broken to open trade)
Trailing EMA Length (by default = 20)
User can choose the optimal parameters during backtesting on certain price chart.
Justification of Methodology
Before understanding why this particular combination of indicator has been chosen let's briefly explain what is CCI and HMA.
The Commodity Channel Index (CCI) is a momentum-based technical indicator used in trading to measure a security's price relative to its average price over a given period. Developed by Donald Lambert in 1980, the CCI is primarily used to identify cyclical trends in a security, helping traders to spot potential buying or selling opportunities.
The CCI formula is:
CCI = (Typical Price − SMA) / (0.015 × Mean Deviation)
Typical Price (TP): This is calculated as the average of the high, low, and closing prices for the period.
Simple Moving Average (SMA): This is the average of the Typical Prices over a specific number of periods.
Mean Deviation: This is the average of the absolute differences between the Typical Price and the SMA.
The result is a value that typically fluctuates between +100 and -100, though it is not bounded and can go higher or lower depending on the price movement.
The Hull Moving Average (HMA) is a type of moving average that was developed by Alan Hull to improve upon the traditional moving averages by reducing lag while maintaining smoothness. The goal of the HMA is to create an indicator that is both quick to respond to price changes and less prone to whipsaws (false signals).
How the Hull Moving Average is Calculated?
The Hull Moving Average is calculated using the following steps:
Weighted Moving Average (WMA): The HMA starts by calculating the Weighted Moving Average (WMA) of the price data over a period square root of n (sqrt(n))
Speed Adjustment: A WMA is then calculated for half of the period n/2, and this is multiplied by 2 to give more weight to recent prices.
Lag Reduction: The WMA of the full period n is subtracted from the doubled n/2 WMA.
Final Smoothing: To smooth the result and reduce noise, a WMA is calculated for the square root of the period n.
The formula can be represented as:
HMA(n) = WMA(WMA(n/2) × 2 − WMA(n), sqrt(n))
The Weighted Moving Average (WMA) is a type of moving average that gives more weight to recent data points, making it more responsive to recent price changes than a Simple Moving Average (SMA). In a WMA, each data point within the selected period is multiplied by a weight, with the most recent data receiving the highest weight. The sum of these weighted values is then divided by the sum of the weights to produce the WMA.
This strategy leverages HMA of user given period as a critical level which shall be broken to say that probability of trend change to the upside increased. HMA reacts faster than EMA or SMA to the price change, that’s why it increases chances to enter new trade earlier. Long-term period CCI helps to have an approximation of mid-term trend. If it’s above 0 the probability of uptrend increases. Short-period CCI allows to have an approximation of short-term trend reversal from down to uptrend. This approach increases chances to have a long trade setup in the direction of mid-term trend when the short-term trend starts to reverse.
ATR is used to adjust the strategy risk management to the current market volatility. If volatility is low, we don’t need the large stop loss to understand the there is a high probability that we made a mistake opening the trade. User can setup the settings ATR Stop Loss and ATR Trailing Profit Activation Level to realize his own risk to reward preferences, but the unique feature of a strategy is that after reaching trailing profit activation level strategy is trying to follow the trend until it is likely to be finished instead of using fixed risk management settings. It allows sometimes to be involved in the large movements. It’s also important to make a note, that script uses HMA to enter the trade, but for trailing it leverages EMA. It’s used because EMA has no such fast reaction to price move which increases probability not to be stopped out from any significant uptrend move.
Backtest Results
Operating window: Date range of backtests is 2022.07.01 - 2024.08.01. It is chosen to let the strategy to close all opened positions.
Commission and Slippage: Includes a standard Binance commission of 0.1% and accounts for possible slippage over 5 ticks.
Initial capital: 10000 USDT
Percent of capital used in every trade: 100%
Maximum Single Position Loss: -4.67%
Maximum Single Profit: +19.66%
Net Profit: +14897.94 USDT (+148.98%)
Total Trades: 104 (36.54% win rate)
Profit Factor: 2.312
Maximum Accumulated Loss: 1302.66 USDT (-9.58%)
Average Profit per Trade: 143.25 USDT (+0.96%)
Average Trade Duration: 34 hours
These results are obtained with realistic parameters representing trading conditions observed at major exchanges such as Binance and with realistic trading portfolio usage parameters.
How to Use
Add the script to favorites for easy access.
Apply to the desired timeframe and chart (optimal performance observed on 2h BTC/USDT).
Configure settings using the dropdown choice list in the built-in menu.
Set up alerts to automate strategy positions through web hook with the text: {{strategy.order.alert_message}}
Disclaimer:
Educational and informational tool reflecting Skyrex commitment to informed trading. Past performance does not guarantee future results. Test strategies in a simulated environment before live implementation
Three Anchored Moving Averages (VWAP / SMA / EMA)
This indicator allows users to anchor three types of moving averages (Simple Moving Average (SMA), Exponential Moving Average (EMA), and Volume Weighted Average Price (VWAP)) to specific points in time (anchor points)
Key Features:
Select from three Moving Average Types:
Simple Moving Average (SMA): Averages the closing prices over a specified period.
Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to new information.
Volume Weighted Average Price (VWAP): Averages the price weighted by volume, useful for understanding the average price at which the asset has traded over a period.
Up to Three Anchor Points:
Users can set up to three different anchor points to calculate the moving averages from specific dates and times. This allows for analysis of price action starting from significant points or specific events. For example, you can anchor to the low and high of a move to identify key levels or to points where the price takes off from a previous anchored MA.
Customisable Sentiment Options:
Each anchor point can be associated with a sentiment input (Auto, Bull, Bear, None), which influences if the MAs are displayed as lines or zones/bands:
Auto: Automatically determines the sentiment based on whether anchor points are on pivot highs and lows. If anchored to a pivot high, the system will assume a bearish sentiment and display a red band or zone between the MA OHLC4 and High. Anchoring to a pivot low will display a green band (OHLC4 - Low).
Bull: Forces a bullish sentiment (Green Band - OHLC4 to Low)
Bear: Forces a bearish sentiment (Red Band - OHLC4 to High)
None: Ignores sentiment and displays a single line (OHLC4)
Chart Matching:
The indicator includes an option to display the moving averages only if the chart symbol matches a specified ticker. This feature ensures that the indicator is relevant to the specific asset being analysed.
How to Use the Indicator:
1. Set Anchor Points: When added to your chart, select three anchor points by point and click. If you only wish to anchor to a single point, click on that point three times and disable the other two in settings once the indicator is applied.
2. Select Moving Average Type: Choose between SMA, EMA, or VWAP using the dropdown menu. EMAs are the most responsive.
3. Enable/Disable Anchor Points: Use the checkboxes to enable or disable each anchor point.
4. Select Sentiment Type: Choose between Auto, Bull, Bear, or None.
5. Chart Matching: Optionally, specify a chart symbol to restrict the indicator's display to that particular asset.
6. Interpret the Plots: The indicator plots the high, mid, and low values of the selected moving average type from each anchor point. The fills between these plots help identify potential support and resistance zones. These should be used as points of interest for pullback reversals or potential continuation if the price breaks through.
Practical Applications:
Trend Analysis: Identify the overall trend direction from specific historical points.
Support and Resistance: Determine key dynamic support and resistance levels based on anchored moving averages.
Event-Based Analysis: Anchor the moving averages to significant events (e.g., earnings releases, economic data) to study their impact on price trends.
Multi Timeframe Analysis: Higher Timeframe Anchors can be used to identify longer term trend analysis. Switching to a lower timeframe for execution triggers at these points wont distort the MA levels as they are anchored to a specific point in time
Intraday or Swing Trading: trend analysis using anchor points can be used for any style of trading (Intraday / Swing / Invest). Use anchored levels as points of interest and wait for hints in price action to try and catch the next move.
Harmonic Trading Tachometer [Pinescriptlabs]Key Features:
Visual Tachometer:
Represents market harmony through a speedometer on the chart.
The tachometer displays a range of harmony from "Highly Bearish" to "Highly Bullish."
Harmony Calculation:
Harmony Score: Based on ATR (Average True Range) range calculations for short, medium, and long periods. The harmony score is a weighted combination of these scores.
Interpretation: Harmony is translated into an interpretive category that can be "Highly Bearish," "Bearish," "Neutral," "Bullish," or "Highly Bullish."
Price Projection:
Estimates future price movement considering the current trend and the weight of each trend period (short, medium, and long).
Harmonic Change Detection:
Identifies significant changes in market harmony and adjusts sensitivity with predefined thresholds.
Confirmation and Divergence Signals:
Detects bullish or bearish confirmation signals as well as divergences, based on market harmony and price projection.
Additional Visualization:
Includes an optional market pentagram chart to visualize harmony on a broader scale.
Provides detailed information in a table about harmony, price projection, and harmonic changes.
How the Script Works:
Initial Calculations:
Ranges and Scores: Calculates ATR ranges for different periods (short, medium, and long). Then, evaluates the harmony score using the given formula.
Harmony: Obtained through the weighted combination of short, medium, and long-term scores.
Price Projection:
The projection is adjusted based on the difference between the current closing price and the exponential moving averages (EMAs) for different periods, weighted by the defined factors.
How to Use :
Tachometer Interpretation:
Observe the needle's position on the tachometer to assess the current market harmony.
Use the colors and labels to quickly interpret the market's state.
Projection and Changes:
Use the price projection to identify potential support or resistance levels.
Monitor harmonic changes and their strengths to adjust your trading strategies.
Confirmations and Divergences:
Pay attention to confirmation and divergence signals to decide on potential entries or exits.
Customization:
Adjust the indicator parameters, such as base length, harmony factor, change detection period, and trend weights, to fit your trading style and timeframe.
Español:
**Tacómetro Visual:
- Representa la armonía del mercado mediante un velocímetro en el gráfico.
- El tacómetro muestra un rango de armonía desde "Altamente Bajista" hasta "Altamente Alcista."
Cálculo de Armonía:
- Puntuación de Armonía:** Basada en los cálculos del rango ATR (Average True Range) para períodos cortos, medios y largos. La puntuación de armonía es una combinación ponderada de estas puntuaciones.
- Interpretación: La armonía se traduce en una categoría interpretativa que puede ser "Altamente Bajista," "Bajista," "Neutral," "Alcista," o "Altamente Alcista."
**Proyección de Precios:
- Estima el movimiento futuro de los precios considerando la tendencia actual y el peso de cada período de tendencia (corto, medio y largo).
**Detección de Cambios Armonicos:
- Identifica cambios significativos en la armonía del mercado y ajusta la sensibilidad con umbrales predefinidos.
**Señales de Confirmación y Divergencia:
- Detecta señales de confirmación alcista o bajista, así como divergencias, basadas en la armonía del mercado y la proyección de precios.
**Visualización Adicional:**
- Incluye un gráfico opcional de un pentagrama de mercado para visualizar la armonía en una escala más amplia.
- Proporciona información detallada en una tabla sobre la armonía, la proyección de precios y los cambios armónicos.
**Cómo Funciona el Script:**
Cálculos Iniciales:
- **Rangos y Puntuaciones:** Calcula los rangos del ATR para diferentes períodos (corto, medio y largo). Luego, evalúa la puntuación de armonía utilizando la fórmula dada.
- **Armonía:** Se obtiene a través de la combinación ponderada de las puntuaciones de corto, medio y largo plazo.
**Proyección de Precios:**
- La proyección se ajusta según la diferencia entre el precio de cierre actual y las medias móviles exponenciales (EMA) para diferentes períodos, ponderadas por los factores definidos.
**Cómo Usar:**
**Interpretación del Tacómetro:**
- Observa la posición de la aguja en el tacómetro para evaluar la armonía actual del mercado.
- Usa los colores y las etiquetas para interpretar rápidamente el estado del mercado.
**Proyección y Cambios:**
- Usa la proyección de precios para identificar posibles niveles de soporte o resistencia.
- Monitorea los cambios armónicos y sus fortalezas para ajustar tus estrategias de trading.
**Confirmaciones y Divergencias:**
- Presta atención a las señales de confirmación y divergencia para decidir posibles entradas o salidas.
**Personalización:**
- Ajusta los parámetros del indicador, como la longitud base, el factor de armonía, el período de detección de cambios y los pesos de tendencia, para adaptarlo a tu estilo de trading y marco de tiempo.
Dysmen signalsDysmen Signals Indicator
The "Dysmen Signals" indicator is designed to provide clear buy and sell signals based on the crossover of various Exponential Moving Averages (EMAs). This indicator employs a combination of short-term and long-term EMA crossovers to identify potential trading opportunities, while also highlighting significant market movements through specific signals such as the Golden Cross and Death Cross.
Indicator Components
1. Exponential Moving Averages (EMAs)
- EMA 14: A short-term EMA calculated over 14 periods.
- EMA 20: Another short-term EMA calculated over 20 periods.
- EMA 50: A mid-term EMA used as a trend filter.
- EMA 200: A long-term EMA representing the overall trend.
2. Buy and Sell Signals
- Buy Signal: This is triggered when the EMA 14 crosses above the EMA 20 and the closing price is above the EMA 50. This suggests a bullish trend in the market.
- Sell Signal: This is triggered when the EMA 14 crosses below the EMA 20 and the closing price is below the EMA 50. This indicates a bearish trend in the market.
3. Golden Cross and Death Cross
- Golden Cross (GC): Occurs when the EMA 50 crosses above the EMA 200. This is a strong bullish signal indicating a potential long-term upward trend.
- Death Cross (DC): Occurs when the EMA 50 crosses below the EMA 200. This is a strong bearish signal suggesting a potential long-term downward trend.
4. Signal Visualization
- Buy and Sell signals are marked on the chart with green and red triangles respectively. These signals help traders identify potential entry and exit points.
- Golden Cross and Death Cross signals are indicated with yellow and purple diamonds respectively, providing insight into major market trend shifts.
5. Candle Coloring
- Candles are colored green if a buy signal is active and red if a sell signal is active. This visual aid helps in quickly identifying the prevailing market sentiment.
6. EMA 200 Plotting
- The EMA 200 is plotted as a white, semi-thick line on the chart. This line serves as a reference for the overall long-term trend.
Detailed Code Explanation
- EMA Calculations: The script calculates the EMA for 14, 20, 50, and 200 periods using the ta.ema function.
- Crossover Conditions: It uses the ta.crossover and ta.crossunder functions to detect when the EMAs cross each other, triggering buy and sell signals.
- Plotting Signals: The plotshape function is utilized to display BUY and SELL signals as well as Golden Cross and Death Cross signals on the chart.
- Candle Coloring Logic: A variable direction is used to store the current market direction based on the latest signal, which then determines the candle colors using the barcolor function.
- EMA 200 Display: The plot function is used to draw the EMA 200 line on the chart with the specified color and thickness.
By employing this indicator, traders can gain valuable insights into potential market trends and make more informed trading decisions based on the crossover of key EMAs.
Support and resistance levels (Day, Week, Month) + EMAs + SMAs(ENG): This Pine 5 script provides various tools for configuring and displaying different support and resistance levels, as well as moving averages (EMA and SMA) on charts. Using these tools is an essential strategy for determining entry and exit points in trades.
Support and Resistance Levels
Daily, weekly, and monthly support and resistance levels play a key role in analyzing price movements:
Daily levels: Represent prices where a cryptocurrency has tended to bounce within the current trading day.
Weekly levels: Reflect strong prices that hold throughout the week.
Monthly levels: Indicate the most significant levels that can influence price movement over the month.
When trading cryptocurrencies, traders use these levels to make decisions about entering or exiting positions. For example, if a cryptocurrency approaches a weekly resistance level and fails to break through it, this may signal a sell opportunity. If the price reaches a daily support level and starts to bounce up, it may indicate a potential long position.
Market context and trading volumes are also important when analyzing support and resistance levels. High volume near a level can confirm its significance and the likelihood of subsequent price movement. Traders often combine analysis across different time frames to get a more complete picture and improve the accuracy of their trading decisions.
Moving Averages
Moving averages (EMA and SMA) are another important tool in the technical analysis of cryptocurrencies:
EMA (Exponential Moving Average): Gives more weight to recent prices, allowing it to respond more quickly to price changes.
SMA (Simple Moving Average): Equally considers all prices over a given period.
Key types of moving averages used by traders:
EMA 50 and 200: Often used to identify trends. The crossing of the 50-day EMA with the 200-day EMA is called a "golden cross" (buy signal) or a "death cross" (sell signal).
SMA 50, 100, 150, and 200: These periods are often used to determine long-term trends and support/resistance levels. Similar to the EMA, the crossings of these averages can signal potential trend changes.
Settings Groups:
EMA Golden Cross & Death Cross: A setting to display the "golden cross" and "death cross" for the EMA.
EMA 50 & 200: A setting to display the 50-day and 200-day EMA.
Support and Resistance Levels: Includes settings for daily, weekly, and monthly levels.
SMA 50, 100, 150, 200: A setting to display the 50, 100, 150, and 200-day SMA.
SMA Golden Cross & Death Cross: A setting to display the "golden cross" and "death cross" for the SMA.
Components:
Enable/disable the display of support and resistance levels.
Show level labels.
Parameters for adjusting offset, display of EMA and SMA, and their time intervals.
Parameters for configuring EMA and SMA Golden Cross & Death Cross.
EMA Parameters:
Enable/disable the display of 50 and 200-day EMA.
Color and style settings for EMA.
Options to use bar gaps and the "LookAhead" function.
SMA Parameters:
Enable/disable the display of 50, 100, 150, and 200-day SMA.
Color and style settings for SMA.
Options to use bar gaps and the "LookAhead" function.
Effective use of support and resistance levels, as well as moving averages, requires an understanding of technical analysis, discipline, and the ability to adapt the strategy according to changing market conditions.
(RUS) Данный Pine 5 скрипт предоставляет разнообразные инструменты для настройки и отображения различных уровней поддержки и сопротивления, а также скользящих средних (EMA и SMA) на графиках. Использование этих инструментов является важной стратегией для определения точек входа и выхода из сделок.
Уровни поддержки и сопротивления
Дневные, недельные и месячные уровни поддержки и сопротивления играют ключевую роль в анализе движения цен:
Дневные уровни: Представляют собой цены, на которых криптовалюта имела тенденцию отскакивать в течение текущего торгового дня.
Недельные уровни: Отражают сильные цены, которые сохраняются в течение недели.
Месячные уровни: Указывают на наиболее значимые уровни, которые могут влиять на движение цены в течение месяца.
При торговле криптовалютами трейдеры используют эти уровни для принятия решений о входе в позицию или закрытии сделки. Например, если криптовалюта приближается к недельному уровню сопротивления и не удается его преодолеть, это может стать сигналом для продажи. Если цена достигает дневного уровня поддержки и начинает отскакивать вверх, это может указывать на возможность открытия длинной позиции.
Контекст рынка и объемы торговли также важны при анализе уровней поддержки и сопротивления. Высокий объем при приближении к уровню может подтвердить его значимость и вероятность последующего движения цены. Трейдеры часто комбинируют анализ различных временных рамок для получения более полной картины и улучшения точности своих торговых решений.
Скользящие средние
Скользящие средние (EMA и SMA) являются еще одним важным инструментом в техническом анализе криптовалют:
EMA (Exponential Moving Average): Экспоненциальная скользящая средняя, которая придает большее значение последним ценам. Это позволяет более быстро реагировать на изменения в ценах.
SMA (Simple Moving Average): Простая скользящая средняя, которая равномерно учитывает все цены в заданном периоде.
Основные виды скользящих средних, которые используются трейдерами:
EMA 50 и 200: Часто используются для выявления трендов. Пересечение 50-дневной EMA с 200-дневной EMA называется "золотым крестом" (сигнал на покупку) или "крестом смерти" (сигнал на продажу).
SMA 50, 100, 150 и 200: Эти периоды часто используются для определения долгосрочных трендов и уровней поддержки/сопротивления. Аналогично EMA, пересечения этих средних могут сигнализировать о возможных изменениях тренда.
Группы настроек:
EMA Golden Cross & Death Cross: Настройка для отображения "золотого креста" и "креста смерти" для EMA.
EMA 50 & 200: Настройка для отображения 50-дневной и 200-дневной EMA.
Уровни поддержки и сопротивления: Включает настройки для дневных, недельных и месячных уровней.
SMA 50, 100, 150, 200: Настройка для отображения 50, 100, 150 и 200-дневных SMA.
SMA Golden Cross & Death Cross: Настройка для отображения "золотого креста" и "креста смерти" для SMA.
Компоненты:
Включение/отключение отображения уровней поддержки и сопротивления.
Показ ярлыков уровней.
Параметры для настройки смещения, отображения EMA и SMA, а также их временных интервалов.
Параметры для настройки EMA и SMA Golden Cross & Death Cross.
Параметры EMA:
Включение/отключение отображения 50 и 200-дневных EMA.
Настройки цвета и стиля для EMA.
Опции для использования разрыва баров и функции "LookAhead".
Параметры SMA:
Включение/отключение отображения 50, 100, 150 и 200-дневных SMA.
Настройки цвета и стиля для SMA.
Опции для использования разрыва баров и функции "LookAhead".
Эффективное использование уровней поддержки и сопротивления, а также скользящих средних, требует понимания технического анализа, дисциплины и умения адаптировать стратегию в зависимости от изменяющихся условий рынка.