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CDub's BolBands SetupUses a set of Bollinger Bands (user defined deviation, user defined deviation * 2) to determine possible entry set ups. Signals are triggered when price crosses the first band (closest to the baseline MA) in the desired direction. baseline can be your take profit 1 target The inside band determines entry and can be used as a take profit 2 target (Opposite side of baseline) The outside band is a suggested stop loss target (Same side of baseline) and can be used as a take profit 3 target (Opposite side of baseline) Suggestions are welcome! -CDub
Pine Script™ indicator
by Obi-wanClintobe
2
OSCAR Oscillator by GenZai - NNFXOSCAR Oscillator by GenZai Green line is the Oscar Rough Red line is the Oscar By default based on the 8 last candles and smoothed using RMA Purple line is the Slow Oscar By default based on the 16 last candles and smoothed using WMA HOW TO USE Exit signaling This indicator can be used as an exit indicator when line cross each other. Entry signaling When the green line crosses up, it indicates a long entry When the red line crosses up, it indicates a short entry Overbought/Oversold When the indicator crosses the dashed grey lines it indicates Overbought Oversold Slow Oscar Add-on This is an Add-on to the orignal Oscar indicator Can be hidden if you want the original experience of the Oscar indicator. Can be used as a confirmation indicator by looking at the direction of the slope to verify is your are trending long or trending short. Can be used as a baseline to confirm signals given by Oscar Can be used to tweak your signals and test different settings. Stock or Forex? The program was originally written for stocks, but works equally well with the Forex market. How this indicator is calculated ? This is the formula we use to calculate the Oscar: let A = the highest high of the last eight days (including today) let B = the lowest low of the past eight days (including today) let C = today's closing price let X = yesterday's oscillator figure (Oscar) Today's "rough" oscillator equals (C-B) divided by (A-B) times 100. Next we "smooth" our rough number (let's call it Y) like this: Final oscillator number = ((X divided by 3) times 2), plus (Y divided by 3). SETTINGS: You can choose between different smoothing options: RMA: Moving average used in RSI. It is the Adjusted exponential moving averages (also known as Wilder's exponential moving average) SMA : Simple moving average EMA : Exponential moving average WMA : Weighted moving average
Pine Script™ indicator
by GenZai
25
FauxLife EFIModification to Elder's Force Index (EFI) Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results! Adjust lookback from standard/suggested 13 candlesticks Added a color indication to positive or negative force reading Added background color tint for an easier read on dashboard setups Suggested pair with my On Balance Volume with Cross to use as a filter & entry/exit setup. Enter or exit trades when the two indicators switch at the same time or within 1-2 candlesticks of each other.
Pine Script™ indicator
by fauxlife
TradeChartist MTF RSI Spotter™TradeChartist MTF RSI Spotter is an elegant Multi Timeframe RSI tool that helps spot price trends using visually engaging and appealing RSI plots and backgrounds compared to the basic RSI plot. Also the Bull and the Bear background fills + HTF RSI based background fills are highly useful for traders who like to visually understand areas of entry and exit based on RSI . What does ™TradeChartist MTF RSI Spotter do? Plots RSI with visually spottable colors for Bull and Bear zones (Green and Red) with optional background fill. Plots RMA based on User specified length. Plots user preferred HTF RSI on same chart as chart TF - HTF resolution from indicator settings drop-down must be used. Fills Bull and Bear zone colors based on HTF based RSI movement. Spots Regular RSI Bullish and Bearish Divergences. Plots RSI color candles on main chart based on Upper and Lower RSI band. Plots RSI based on RSI smoothing (1 for Regular RSI without smoothing) and Heikin Ashi RSI if opted from indicator settings. This indicator works like a dream when used with other indicators for confirmation of Trends. Note 1: Divergences don't work to trader's expectations all the time. It is a great indicator but has to be used with caution and entries must be confirmed using another indicator like Volume , Trend, fundamentals, market sentiment etc. They can't be used on their own to decide entry and exit. Note 2: Bull and Bear RMA with chart TF RSI should be used for confirmation and not as a standalone indicator for entry and exit. Example charts Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information.
Pine Script™ indicator
by TradeChartist
17
Z Score Enhanced Time Segmented Volume (Multi MA)**THIS VERSION HAS BEEN STANDARDIZED WITH A Z SCORE CALCULATION AND ALLOWS THE USER TO SELECT WHICH MOVING AVERAGE THEY WOULD LIKE TO UTILIZE FOR THE SIGNAL LINE** Chart shows the Non-Standardized Enhanced Time Segmented Volume (Multi MA) with default settings on top and the Standardized version with default settings on the bottom. Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume . Essentialy it is designed to measure the amount of money flowing in and out of an instrument. Time Segmented Volume was originally ported to TradingView by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0. In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart. If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart. If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart. If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart. If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart. At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero. **Z Score // Standardized Option ** Thist Standardized code implements all of the above but also allows the user to select a threshold level that should not need to be adjusted for each instrument (since the output is standardized). If the TSV value meets the long and short signal requirements above and TSV is greater than the threshold values a green or red box will print ABOVE the oscillator. The histogram will also change color based on which threshold TSV has met. This calculation allows us to compare current volatility to the mean (moving average) of the population (Z-Length). The closer the TSV Z-Score is to the mean, the closer it will be to the Zero Line and therefore price is likely consolidating and choppy. The farther TSV Z-Score is from the mean, the more likely price is trending. The MA Mode determines the Moving Average used to calculate TSV itself. The Z-Score is ALWAYS calculated with a simple moving average (as that is the standard calculation for Z-Score). The Threshold Levels are the levels at which TSV Z-Score will change from gray to yellow, orange, green ( bullish ), or red ( bearish ). Statistically speaking, confidence levels in relation to Z-Score are noted below. The built in Threshold Levels are the positive and negative values for 90%, 95%, and 99%. This would indicate when volatility is greater than these values they are out of the ordinary from the standard range. You may wish to adjust these levels for TSV Z-Score to be more responsive to your trading needs 80% :: 1.28 85% :: 1.44 90% :: 1.64 95% :: 1.96 99% :: 2.58 The Z Length is the period for which the Z Score is calculated More information regarding Time Segmented Volume can be found here: www.worden.com Original code ported by @liw0 Corrected by @vitelot Updated/Enhancements by @eylwithsteph with inspiration from @storma Multiple MA Options Credits to @Fractured and @lejmer Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim As always, trade at your own risk.
Pine Script™ indicator
by StephXAGs
16
Enhanced Time Segmented Volume (Multi MA)**THIS VERSION ALLOWS THE USER TO SELECT WHICH MOVING AVERAGE THEY WOULD LIKE TO UTILIZE FOR THE SIGNAL LINE** Chart shows two different options of many. Top option is the default settings and bottom option is a different moving average with no other changes. Time Segmented Volume was developed by Worden Brothers, Inc to be a leading indicator by comparing various time segments of both price and volume. Essentialy it is designed to measure the amount of money flowing in and out of an instrument. Time Segmented Volume was originally ported to TradingView by user @liw0 and later corrected by user @vitelot. I never quite understood how to read Time Segmented Volume until I ran across a version by user @storma where they indicated when price would be long or short, but that code also utilized the incorrect calculation from user @liw0. In an effort to make Time Segmented Volume more accessible and easier to read, I have re-coded it here. The calculations are based on the code from @vitelot and I have added direction indicators below the chart. If the histogram (TSV) is greater than zero and greater than the moving average, price should be moving long and there will be a green box below the chart. If TSV falls below the moving average while still being greater than zero, the trend may be exhausting and has been coded to read Price Action Long - FAILURE with a black x below the chart. If the histogram (TSV) is less than zero and less than the moving average, price should be moving short and there will be a red box below the chart. If TSV rises above the moving average while still being less than zero, the trend may be exhausting and has been coded to read Price Action Short - FAILURE with a black x below the chart. At times, the moving average may be above zero while TSV is below zero or vice versa. In these situations the chart will indicate long or short based on whether or not TSV is greater or less than zero. It is possible a new trend may be forming as the moving average obviously lags, but also possible price is consolidating with little volume and causing TSV to oscillate close to zero. More information regarding Time Segmented Volume can be found here: www.worden.com Original code ported by @liw0 Corrected by @vitelot Updated/Enhancements by @eylwithsteph with inspiration from @storma Multiple MA Options Credits to @Fractured and @lejmer Bits and Pieces from @AlexGrover, @Montyjus, and @Jiehonglim As always, trade at your own risk.
Pine Script™ indicator
by StephXAGs
8
Highs & Lows of Last [x] Bars=========== Highs & Lows of Last Bars =========== We have found this indicator invaluable over the past few years - whether you prefer to trade Crypto, Forex, Commodities or something else this indicator could prove really useful. It's always nice to know the highs and lows of the last Week or Month, the problem being the information is only really relevant at the start or end of that chosen time period; throughout the mid-section of that time period the chart will either be displaying irrelevant information or info that has been/is being re-painted. Not good! Our Highs & Lows of Last Bars Indicator will remove this re-painting problem and display up-to-date information from higher time frames without compromising the integrity of your current chart period. ----------- Most high & low finder indicators will use, (for example), a 'W' or 'M' as their higher TF to get HTF results - we do things just a little bit differently, it's like this: Most other High/Low Indicators: ~ MON 1st (get high/low value from 'W' TF) ~ ~ MON 8th (get new data and plot from 'W' TF) etc. - This leads to gaps in the data, re-painting and missing lots of potential mid-week trades. Our High & Low of Last Bars: ~ MON 1st (get high/low value from LAST 7 DAYS) ~ ~ TUE 2nd (get high/low value from LAST 7 DAYS) ~ etc. This provides a much smoother High/Low plot with more relevant information. You can clearly see areas of support and resistance, updated on the LTF chart using data from a HTF. Because we've included 2 TF's you can use simultaneously you can see when the lower TF touches the Higher TF this (generally, but not always!) means there's a breakout coming! Hope this is useful to you guys! Good Luck and Happy Trading!
Pine Script™ indicator
by theCrypster
1
Areas of Support/Resistance & BreakoutA pretty little indicator showing pivotal breakouts - that is, locating critical pivot points within price action, connecting the dots and trading the breakouts from this area! ----------- Useful for finding good entry levels, exit levels, areas of strong support/resistance and most importantly - the Breakout! Includes "Bars to the Left" variable so you can shorten or lengthen the indicator as required. Good Luck and Happy Trading!
Pine Script™ indicator
by theCrypster
2
™TradeChartist Intensity™TradeChartist Intensity is a visual indicator that comes with Intensity color candles and Auto-fibs feature that helps any trader with Entry/Exit and levels confirmation based on where the price is, in relation to the Orange Price Equilibrium line and the 5 zones of Bull/Bear limits that fade into the top or bottom outer space. ™TradeChartist Intensity itself doesn't plot BUY or SELL signals, but when used with ™TradeChartist Rubicon gives a better picture for trade confirmations. It can also be used as a standalone indicator and works equally effective with other traditional and non-traditional indicators. The indicator comes with simple settings with useful features outlined below. Intensity Color Candles Intensity Color Candles when activated from settings paints the candles/bars with colors specific to the Bull/Bear limits or the outer space and is easy to identify the signal strength over time. Uptrend - The bars/candles move away from the Orange Price Equilibrium line towards the upper Bull limits with bar color fading slowly leading to outer space where the bar color turns neon green. Downtrend - The bars/candles move away from the Orange Price Equilibrium line towards the lower Bear limits with bar color fading slowly leading to outer space where the bar color turns neon red. When the price candle wick or body touches the Orange Price Equilibrium line, distinct torchlight circle appears to signal the trader of a potential change in price direction which can be used as a signal confirmation in conjunction with another indicator before taking a trade position. Show Auto Fib Levels Auto Fib Levels plot automatic Fib levels based on significant Highs and Lows based on Intensity strategy which mostly are reference prices of recent highest high above Orange Equilibrium price line and recent lowest low below the Orange Equilibrium price line. 15m XBT chart with 'Show Auto Fib Levels' checked and 'Show Fibs from current High/Low' unchecked under indicator settings These Auto Fib Levels change when the price movement/trend changes direction and will be based on trending price direction. Show Fibs from current High/Low When this option is chosen from indicator settings, the auto fib levels are drawn from the highest high of the trending price direction to lowest low of last trend for uptrend or vice-versa for downtrend. 15m XBT chart as above with 'Show Fibs from current High/Low' unchecked under indicator settings Show Profit Candles Activating this option from indicator settings will automatically plot $ labels above candle highs that hit important resistance levels during uptrend and candle lows that hit important support levels during downtrend. This will help traders take out profits during trades based on their personal profit goals and realistic trade targets based on momentum/RSI/volatility etc. Example chart of XAUUSD 1hr Gold chart showing both Long and Short trade Profit candles Give a thumbs up or leave a comment if you like the script.
Pine Script™ indicator
by TradeChartist
29
BERLIN Renegade - Entry and ExitThis is the entry and exit part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications. For entry, it consists of Modified Chaikin Oscillator and Advanced MACD. The Advanced MACD is not available on its own, but all others are publically available. For exit it consists of the DIDI Index and the QQE line (original idea by Jie). Special thanks to Michael Kuczynski for the idea to include the FTLM digital filter. Long signal: Green bars (upper and lower are both green) Short signal: Red bars (upper and lower are both red) Exit signal: Purple bars (bottom) - DIDI Index with QQE line
Pine Script™ indicator
by lejmer
21
Uber REX Oscillator [UTS]The Rex Oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. When the Rex Oscillator turns positive in a bearish trend, a reversal is indicated. Likewise, Rex turning negative in a bull market indicates a reversal to the downside. General Usage The Rex Oscillator is mostly used as a Reversal and Exit indicator. Signals are created when Rex is crossing the Signal line. They that can be used to EXIT or LONG/SHORT a trade. It is worth investing the time and fine-tune the settings: e.g. SuperSmoothed 16 and HMA 40 provides decent results. Moving Averages 16 different Moving Averages are available: ALMA (Arnaud Legoux Moving Average) DEMA (Double Exponential Moving Average) EMA (Exponential Moving Average) FRAMA (Fractal Adaptive Moving Average) HMA (Hull Moving Average) JURIK (Jurik Moving Average) KAMA (Kaufman Adaptive Moving Average) Kijun (Kijun-sen / Tenkan-sen of Ichimoku) LSMA (Least Square Moving Average) RMA (Running Moving Average) SMA (Simple Moving Average) SuperSmoothed (Super Smoothed Moving Average) TEMA (Triple Exponential Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average) ZLEMA (Zero Lag Moving Average) A freely determinable length allows for sensitivity adjustments that fits your own requirements. Alerts Traders can easily use the reversal signal to trigger alerts from: Cross Up Cross Down Those values are > zero if a condition is triggered. Alert condition example: "Cross Up" - "Greater Than" - "0" Trend Visualization Optional: If the signal line trend direction is DOWN it is painted red. If the trend direction is UP the signal line is painted in green.
Pine Script™ indicator
by UberTradingSystems
3
[GM LITE] Rex OscillatorThe Rex oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. The True Value of a Bar (TVB) gives an indication of how healthy the market is. A negative close and a positive TVB (or vice versa) is an indication of the market building strength on the opposing side of the trend. The Rex oscillator is a moving average (SMA, EMA, WMA or SMMA) of the TVB value with the specified period. This is a direct conversion of the MT4 MQL script. The MA Settings are as follows 0 - SMA 1 - EMA 2 - SMMA 3 - LWMA Usage - two lines cross = entry or exit signal.
Pine Script™ indicator
by GMAN-Trading
1
Trend Follower - Light Mode | jhFollow up script for my Trend Follower script. I'm used to dark mode, so I coded a few key plots in white, so those are changed into black on the script. Notably: - > 1 ATR in black dots along the baseline - Current and previous ATR text labels to the right of the price - A text label spacing input that allows you to adjust the spacing for text label from price. This is a trend following system that combines 3 indicators which provide different functionalities, also a concept conceived by VP's No Nonsense FX / NNFX method. 1. Baseline The main baseline filter is an indicator called Modular Filter created by Alex Grover - www.tradingview.com - Alex Grover - Modular Filter ------- That's the moving average like baseline following price, filtering long and short trends and providing entry signals when the price crosses the baseline. Entry signal indicated with arrows. 2. Volume/Volatility, I will called it Trend Strength The next indicator is commonly known as ASH, Absolute Strength Histogram. This indicator was shared by VP as a two line cross trend confirmation indicator, however I discovered an interesting property when I modified the calculation of the histogram. - Alex Grover Absolute Strength ------- My modification and other info here - Absolute Strength Histogram v2 ------- I simplified the display of the trend strength by plotting squares at the bottom of the chart. - Lighted Squares shows strength - Dimmed Squares shows weakness 3. Second Confirmation / Exits / Trailing Stop Finally the last indicator is my usage of QQE (Qualitative Quantitative Estimation), demonstrated in my QQE Trailing Line Indicator - QQE Trailing Line for Trailing Stop ------- Three usages of this amazing indicator, serving as : - Second trend confirmation - Exit signal when price crosses the trailing line - Trailing stop when you scaled out the second trade This indicator is plotted with crosses. Additional plots and information Bar Color - Green for longs, Red for shorts, White when the baseline direction conflicts with the QQE trailing line direction - When it's white, it's usually ranging and not trending, ASH will also keep you off ranging periods. ------- ATR Filter - White circles along the baseline, they will show up if the price has moved more than one ATR from the baseline - The default allowance is 1 ATR. ------- The previous and current ATR value - Label on the right side of the chart showing the previous and current value of ATR
Pine Script™ indicator
by jiehonglim
7
Trend Follower | jhThis is a trend following system that combines 3 indicators which provide different functionalities, also a concept conceived by VP's No Nonsense FX / NNFX method. 1. Baseline The main baseline filter is an indicator called Modular Filter created by Alex Grover - www.tradingview.com - Alex Grover - Modular Filter ------- That's the moving average like baseline following price, filtering long and short trends and providing entry signals when the price crosses the baseline. Entry signal indicated with arrows. 2. Volume/Volatility, I will called it Trend Strength The next indicator is commonly known as ASH, Absolute Strength Histogram. This indicator was shared by VP as a two line cross trend confirmation indicator, however I discovered an interesting property when I modified the calculation of the histogram. - Alex Grover Absolute Strength ------- My modification and other info here - Absolute Strength Histogram v2 ------- I simplified the display of the trend strength by plotting squares at the bottom of the chart. - Lighted Squares shows strength - Dimmed Squares shows weakness 3. Second Confirmation / Exits / Trailing Stop Finally the last indicator is my usage of QQE (Qualitative Quantitative Estimation), demonstrated in my QQE Trailing Line Indicator - QQE Trailing Line for Trailing Stop ------- Three usages of this amazing indicator, serving as : - Second trend confirmation - Exit signal when price crosses the trailing line - Trailing stop when you scaled out the second trade This indicator is plotted with crosses. Additional plots and information Bar Color - Green for longs, Red for shorts, White when the baseline direction conflicts with the QQE trailing line direction - When it's white, it's usually ranging and not trending, ASH will also keep you off ranging periods. ------- ATR Filter - White circles along the baseline, they will show up if the price has moved more than one ATR from the baseline - The default allowance is 1 ATR. ------- The previous and current ATR value - Label on the right side of the chart showing the previous and current value of ATR Adding my Didi and ASH indicators up on this screenshot Didi Index Improved with QQE
Pine Script™ indicator
by jiehonglim
34
QQE Trailing Line for Trailing Stop | jhUsing parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly. Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator. As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the trend direction changes. There's 2 QQE option, they behave differently during the trend change. Credits to Glaz and Shizaru for their QQE code.
Pine Script™ indicator
by jiehonglim
3
SSL [dasanc]The SSL is a fair entry condition and good exit indicator. It works best when combined with a trend indicator and multiple confirmations. In essence, the SSL is a moving average crossover, which immediately down-grades it to a 2nd or 3rd level of confluence in my opinion. It was recently featured in an episode of VP's "No Nonsense FX", which drove me to recreate the original MT4 indicator in PineScript. I have two ideas on how to improve it - Use a much faster moving average calculation method (check out my Ehlers scripts) Use a longer period MA on lower timeframes If you enjoy/use this script, drop me a follow and please note me in your code! I'm *almost* always available for collabs and questions
Pine Script™ indicator
by DasanC
3