Multi-Timeframe Trend IndicatorThe Multi-Timeframe Trend Indicator (MTFTI) is a trend analysis tool designed to help traders quickly and easily assess the market direction across multiple timeframes. With the help of a table to visualize the trends on different timeframes.
Key features:
Multi-timeframe trend indicator for the following timeframes: 5 minutes, 15 minutes, 30 minutes, 1 hour, 2 hours, 4 hours, 6 hours, 12 hours, 1 day, and 1 week and average.
Displays trends for selected timeframes in a table.
Considers short and long-term exponential moving averages (EMAs) to determine trends.
Calculation of the average trend for all timeframes.
Display of trends with appropriate coloring for better readability (green for "Up", red for "Down", and intermediate shades for neutral or strong trends).
List of Parameters
Customization of the table's position on the screen (top-left, top-right, middle-left, middle-right, bottom-left, bottom-right).
Setting the lengths of the short and long-term exponential moving averages.
Option to activate or deactivate the display of EMAs for better customization (true by default).
Please note that the MTFTI is not a guarantee of future market performance and should be used in conjunction with proper risk management. Always ensure that you have a thorough understanding of the indicator’s methodology and its limitations before making any investment decisions. Additionally, past performance is not indicative of future results.
Multitimeframe
NSDT EMA+ATRI had this idea to make a custom Moving Average that adapts to the market. I chose to use the Average True Range. As the market makes bigger/smaller moves, this custom Moving Average applies the ATR as the length of the EMA. This gives more distance to the Moving Average as the volatility picks up or reduces.
Just set the length you want the ATR to look back (default is 100) and the multiplier (default is 2) to work with the instrument being traded.
It's also setup for use on Multi Time Frames.
RSI Screener and Divergence [5ema]
Displayed on the RSI chart according to a custom timeframe.
Displays the RSI tracking table of various timeframes.
Identify normal divergence, hidden divergence on RSI chat.
Show buy and sell signals (strong, weak) on the board.
Send notifications when RSI has a buy or sell signal.
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I reused some functions, made by (i believe that):
©paaax : The table position function.
@everget : The RSI divergence function.
@QuantNomad : The function calculated value and array to show on table for input symbols.
I have commented in my code. Thanks so much!
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How it works:
1. Input :
input.int length of RSI => calculate RSI.
input.int upper/lower => checking RSI overbought/oversold.
input.int right bars / left bars => returns price of the pivot low & high point => checking divergence.
input.int range upper / lower bars => compare the low & high point => checking divergence.
input.timeframe => request.security another time frame.
input.string table position => display screener table.
2. Input bool:
plot RSI on chart.
Plot Regular Bullish divergence .
Regular Bearish divergence.
Hidden Bullish divergence .
Hidden Bearish divergence.
3. Basic calculated:
Make function for RSI , pivot low & high point of RSI and price.
Request.security that function for earch time frame.
Result RSI, Divergence.
4. Condition of signal:
Buy condition:
RSI oversold (1)
Bullish divergence (2).
=> Buy if (1) and (2), review buy (1) or (2).
Sell condition:
RSI overbought (3).
Bearish divergence (4).
=> Sell if (3) and (4), review sell (3) or (4).
5. Table screener:
Time frame.
RSI (green - oversold, red - overbought)
Divergence (⬈⬈ - regular bullish , ⬊⬊ regular bearish , ⬊ - hidden bullish , ⬈ - hidden bearish ).
Signal (🟢 - Buy, 🔴 - sell, green 〇 - review buy, red 〇 - review sell)
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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.
SynthSAR ConfirmationThis indicator represents confirmation of a trend based on the PSAR indicator and includes signals from the MACD, stochastic oscillator, and awesome oscillator. It displays the points of the parabolic SAR on the chart, which help determine the direction of the trend. Additionally, the indicator allows for tracking signals based on the combined analysis of three other technical indicators: MACD, stochastic oscillator, and awesome oscillator. Furthermore, the indicator includes the ability to display buy/sell labels and signals for changing the trend direction. This is not an investment recommendation.Very effective in higher timeframes.If the MACD "macd line" crosses the "signal line" from above and the Stochastic %K line crosses the %D line from above, and the last column in the Avesome Oscillator is red, then the indicator gives a signal to sell. If the MACD "macd line" crosses the "signal line" from below and the Stochastic %K line crosses the %D line from below, and the last column in the Avesome Oscillator is green, then the indicator gives a signal to buy.
Pre-market Highs & Lows on regular trading hours (RTH) chartShows pre-market highs and lows on RTH or ETH chart
-Pre-market duration user input (default is 16 'bar hours'; covering the time from S&P RTH close at 4pm >> 9:30am RTH open next day
-Displays on both RTH and ETH charts
-Written for ES (ES1! or e.g ESM2023), but tested and working on SPY, SPX
-Works across timeframes
Example usage on Electronic trading hours (ETH) chart; showing the 'bar hours' user input lookback duration visually
Bar Magnified Volume Profile/Fixed Range [ChartPrime]This indicator draws a volume profile by utilizing data from the lower timeframe to get a more accurate representation of where volume occurred on a bar to bar basis. The indicator creates a price range, and then splits that price range into 100 grids by default. The indicator then drops down to the lower timeframe, approximately 16 times lower than the current timeframe being viewed on the chart, and then parses through all of the lower timeframe bars, and attributes the lower timeframe bar volume to all grids that it is touching. The volume is dispersed proportionally to the grids which it is touching by whatever percent of the candle is inside each grid. For example, if one of the lower timeframe bars is interacting with "2" of the grids in the profile, and 60% of the candle is inside of the top grid, 60% of the volume from said candle will be attributed to the grid.
To make all of this magic happen, this script utilizes a quadratic time complexity algorithm while parsing and attributing the volume to all of the grids. Due to this type of algorithm being used in the script, many of the user inputs have been limited to allow for simplicity, but also to prevent possible errors when executing loops. For the most part, all of the settings have been thoroughly tested and configured with the right amount of limitations to prevent these errors, but also still give the user a broad range of flexibility to adjust the script to their liking.
📗 SETTINGS
Lookback Period: The lookback period determines how many bars back the script will search for the "highest high" and the "lowest low" which will then be used to generate the grids in-between
Number Of Levels: This setting determines how many grids there will be within the volume profile/fixed range. This is personal preference, however it is capped at 100 to prevent time complexity issues
Profile Length: This setting allows you to stretch or thin the volume profile. A higher number will stretch it more, vise versa a smaller number will thin it further. This does not change the volume profiles results or values, only its visual appearance.
Profile Offset: This setting allows you to offset the profile to the left or right, in the event the user does not appreciate the positioning of the default location of the profile. A higher number will shift it to the right, vise versa a lower number will shift it to the left. This is personal preference and does not affect the results or values of the profile.
🧰 UTILITY
The volume profile/fixed range can be used in many ways. One of the most popular methods is to identify high volume areas on the chart to be used as trade entries or exits in the event of the price revisiting the high volume areas. Take this picture as an example. The image clearly demonstrates how the 2 highest areas of volume within this magnified volume profile also line up to great areas of support and resistance in the market.
Here are some other useful methods of using the volume profile/fixed range
Identify Key Support and Resistance Levels for Setups
Determine Logical Take Profits and Stop Losses
Calculate Initial R Multiplier
Identify Balanced vs Imbalanced Markets
Determine Strength of Trends
support and resistance on multi timeframe [parsimaj] Description:
support and resistance and trendline on two timeframes by your choice
This indicator is capable of showing you the current and higher timeframe support and resistance by your strategy choice (two timeframes alongside each other). It also helps you to monitor the trend direction in short and long term by trend lines . You can change the depth of every levels and trend lines from the panel. Use this indicator in all markets because it follows the basic principles of levels but is unique in changing second timeframe by your choice.
_its smart , if the levels are too close together ,it will choose the deeper ones for you.
How it works:
By default, there is no higher timeframe and you can select your desire higher timeframe from the panel. Higher timelines will be displayed thicker and your current levels would be thin lines. (Levels that are higher than the current price will be red and those that are lower will be green). The number of levels to display is also by your choice, the default is 4 levels for each timeframe.
We have two types of trend lines , long terms as trend 1 (blue below and purple above trend line )- short term as trend 2(dashed ones).
Bouncing on levels and breaking trend line are the best triggers for entry and exit points.
Setting:
First, choose your higher timeframe then the depth of levels for each time (current and higher), The deeper it is, the more precise the lines. After that you can set the depth of trend lines by your choice. Trend 1 is the longer term So put it deeper and then set the short trend line (dashed ones) if you want to change it.
We have put the settings in the best mode, but you can also change it according to your strategy and inform us about the results.
This indicator has been obtained with hours of effort and codding , hope you enjoy
Regular Trading Hour Sessions for America, Asia and EUThis trading view script is a simple one but I find it very helpful in spotting changes in trend of FX.
The basic idea is to create a visual direction from the previous session to the next new session.
The concept while basic provides visual trend direction and changes as session change.
The three sessions are:
1. Asia from 2130-0400
2. Europe from 0300-1130
3. America from 0930-1600
When you use a line chart you will see the default line when no sessions are active.
Features I plan to add
* Tracking delta of each session
* Moving Averages of each session
* Momentum of each session
* Delta difference
My ultimate goal for this script will be to provide a way to visualize the impact of each session and provide data to buy/sell triggers for Trading Strategies.
Please provide feedback and if you use the script or add a feature please update me or send me the feature to add to the script.
Period OpenA very simple indicator that displays the Open of the specified Timeframe
How to use this indicator?
1. Directional Bias
Bullish => Closing Price > Period Open
Bearish => Closing Price < Period Open
2. Support / Resistance
Each Period Open can be used as Support or Resistance
3. Take Profit Targets
Each Period Open can be used as targets for taking profit
Multi Timeframe Moving AveragesThis indicator is designed to help traders analyze market trends by displaying five exponential moving averages (EMA) of their choice across four fixed intervals: weekly, daily, 4-hourly, and hourly.
The user can choose which moving averages and intervals to display, and can enable or disable these options as needed. The moving averages are drawn as lines and are updated in real-time based on the current EMA values in the respective intervals.
This indicator can help traders identify potential areas of support and resistance, as well as identify trends in the market. By displaying multiple EMAs across multiple time intervals, traders can get a more complete picture of the market and make more informed trading decisions.
[Uhokang] Bollinger Band BB EMA SMMA SMA Multy timeframeYou can view indicators from the specified upper timeframe together.
( Bollinger Bands, SMMA, EMA, SMA )
If it is based on a 1-hour bar, you can see indicators for 4-hour bars and 1-day bars at the same time.
=> =>
Minutes
1 => 5 => 30
2 => 10 => 60
3 => 15 => 90
4 => 20 => 120
5 => 30 => 120
6 => 30 => 120
10 => 60 => 240
15 => 60 => 240
30 => 120 => 480
45 => 180 => 450
over Hours
1 => 4 => D
2 => 8 => 2D
3 => 12 => 3D
4 => D => W
D => W => M
W => M => Y
Transmit signals to overlayThis indicator transmits signals from another indicator panel to the main panel through the chart.
It may be suitable when it is not possible to use the main indicator with the "overlay=true" attribute.
For the script to work, the input signal must be "1" for BUY and "0" for SELL.
Alternative words: transmit signals, send, connect, broadcast, copy signals, duplicate.
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You can change display style:
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You can use alerts:
Trampoline DotsTrampoline Dots (Price Divergence)
Higher Time Frame Price Divergence:
Trampoline Dots serve as a "quick bounce" tool. These little dots will trigger whenever the higher aggregation MACD is above / below zero and the price is below / above the 50 period simple moving average. When these criteria are met, the price is usually under pressure of strong divergence, more often than not price will sharply reverse into the trend direction usually within the next few bars.
The Use of The Trampoline Dots:
This indicator can serve multiple ways. Obviously the main use case is the price divergence. These "dots" will not give you any precise & exact entry. But rather a zone of possible incoming reversal. There is no timing to it. All these dots will do is warn you about potential sharp reversal in the upcoming bars. It can be used by itself alone for sure, but the best way to utilize the dots is to use them in combination of other trend or momentum studies. The best signals are the ones that are within the larger time frame trend. Another great thing is that the visuals are really straight-forward and simple. It is either green dot or a red dot. Nothing more, nothing less. Also since the indicator is pretty small, it can be easily layered onto other studies as well which can create an additional confirmation for different patterns or setups.
Which Time Frame Are Reliable?
This indicator works on any time frame. But the most "stable" one is the daily & hourly time frame. My personal favorite is the hourly since these divergences can produce amazing entries in the daily trends (which are usually hidden on the daily chart). In the most aggresive trends, I like to see the green dots triggering around the 8 EMA and 13 EMA. Daily chart can show the daily and weekly (big divergences) that can take multiple days & weeks to resolve.
Hope it helps.
Volume Anomaly DetectorThis indicator is designed to detect volume anomalies such as block orders, large institutional orders, and sweep orders. It works by comparing the current volume to the moving average of volume and identifying deviations that exceed a specified threshold. By detecting anomalous volume, it can help traders identify potential market-moving events and anticipate changes in price direction.
One key difference between this indicator and others is its focus on volume anomalies rather than just overall volume or price movements. This can provide traders with additional insights into market conditions and help them identify trading opportunities that may not be visible using other indicators.
In terms of timeframe and market conditions, this indicator can be used on any timeframe and in any market where volume data is available. However, it may be particularly useful in markets with high liquidity and significant institutional participation, such as equities and futures markets. It may also be most effective during periods of heightened volatility or when significant news or events are expected to impact the market. As with any trading indicator, it's important to use it in conjunction with other tools and analysis to confirm signals and make informed trading decisions.
Week & Day Boxes Projected forward; with day-of-week labelsProjecting Week and Day boxes forward into the future, as an aide in framing the shape/profile of the coming week(s)/day(s).
////user inputs////
~toggle on/off daily and/or weekly boxes.
~input number of 2week blocks or number of 2day blocks to project forward.
~independently format colors and opacities of weekly and daily boxes.
~toggle on/off day-of-week labels (if you just want day labels, make opacity of day boxes&borders zero).
////notes////
-I have limited the project-forward numbers to keep it neat. If you want to play around with them, edit UP the FIRST integer in lines 56, 58, 62, 64 (currently set to 11,10, 41, 40 respectively). And edit UP maxvals in lines 9 and 15.
-To change the height of weekly and/or daily boxes, tweak the SECOND integer in lines 56, 58, 62, 64.
-Written for ES (S&P); tested/working on FX and BTC too.
-Starts painting/Resets at the beginning of a new week (i.e. Sunday eve).
-Sunday is blended into Monday; day's are defined as finishing at 6pm (New York Time).
ICT MTF FVG [MK]FVGs (Fair Value Gaps) are significant levels that may act as support or resistance to price. The script finds FVGs as per ICT trading system, then plots the full FVG to the right side of the chart. FVG boxes do not change size when they are semi-mitigated as its important to know where the original FVG midpoint lies. Plotting to the right side of price allows for a cleaner chart. The script is MTF and can display FVG boxes for the following timeframes. Chart, 5,10,15,30,1hr,4hr,8hr,12hr,D,W,M.
Below shows 1hr FVGs marked out. NOTE: this is not what the script does, this is for explanation only.
Below shows what the script will do. 1hr FVGs shown on 15min chart
Detect BOS in Five Candles with MTF - Alert [MsF]Japanese below / 日本語説明は英文の後にあります。
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*This indicator is based on azmathshah's "Last Three Candles each of Two HTF".
It's a very cool indicator. thank you.
You can detect trend reversal with candlesticks.
It's MTF compatible and can display up to 2 sets of 5 candles of any time frame on the right side of the chart.
By displaying the candles of the upper time frame bars, you can check the trend change and measure the entry timing with the lower time frame bars.
There are two types of alerts.
"Liquidity Sweep": This is an alert when the upper beard (high) of ③ is touched with the next foot.
"Candle Close": An alert when the upper whisker (high) of ③ is exceeded by the closing price of the next bar (generally a strong signal)
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ローソク足でトレンド転換を検知するインジケーターです。
MTF対応となっておりチャートの右側に任意タイムフレームのローソク5本を最大2セット表示できます。
上位足のローソクを表示することにより、トレンド転換確認しながら、下位足でエントリータイミングを計ることができます。
アラートは2種類あります。
"Liquidity Sweep"：③の上ヒゲ（high）を次の足でタッチした場合のアラートです
"Candle Close"：③の上ヒゲ（high）を次の足の終値で上回った場合のアラートです（一般的には強力なシグナルとなります）
Strategy for UT Bot Alerts indicator Using the UT Bot alerts indicator by @QuantNomad, this strategy was designed for showing an example of how this indicator could be used, also, it has the goal to help some people from a group that use to use this indicator for their trading. Under any circumstance I recommend to use it without testing it before in real time.
Backtesting context: 2020-02-05 to 2023-02-25 of BTCUSD 4H by Tvc. Commissions: 0.03% for each entry, 0.03% for each exit. Risk per trade: 2.5% of the total account
For this strategy, 3 indicators are used:
UT Bot Alerts indicator by Quantnomad
One Ema of 200 periods for indicate the trend
Atr stop loss from Gatherio
Trade conditions:
For longs:
Close price is higher than Atr from UT Bot
Ema from UT Bot cross over Atr from UT Bot.
This gives us our long signal. Stop loss will be determined by atr stop loss (white point), break even(blue point) by a risk/reward ratio of 0.75:1 and take profit of 3:1 where half position will be closed. This will be showed as buy (open long position)
The other half will be closed when close price is lower than Atr and Ema from UT Bot cross under Atr. This will be showed as cl buy (close long position)
For shorts:
Close price is lower than Atr from UT Bot
Ema from UT Bot cross over Atr from UT Bot.
This gives us our short signal. Stop loss will be determined by atr stop loss (white point), break even(blue point) by a risk/reward ratio of 0.75:1 and take profit of 3:1 where half position will be closed. This will be showed as sell (open short position)
The other half will be closed when close price is higher than Atr and Ema from UT Bot cross over Atr. This will be showed as cl sell (close short position)
Risk management
For calculate the amount of the position you will use just a small percent of your initial capital for the strategy and you will use the atr stop loss for this.
Example: You have 1000 usd and you just want to risk 2,5% of your account, there is a long signal at price of 20,000 usd. The stop loss price from atr stop loss is 19,000. You calculate the distance in percent between 20,000 and 19,000. In this case, that distance would be of 5,0%. Then, you calculate your position by this way: (initial or current capital * risk per trade of your account) / (stop loss distance).
Using these values on the formula: (1000*2,5%)/(5,0%) = 500usd. It means, you have to use 500 usd for risking 2.5% of your account.
We will use this risk management for apply compound interest.
In settings, with position amount calculator, you can enter the amount in usd of your account and the amount in percentage for risking per trade of the account. You will see this value in green color in the upper left corner that shows the amount in usd to use for risking the specific percentage of your account.
Script functions
Inside of settings, you will find some utilities for display atr stop loss, break evens, positions, signals, indicators, etc.
You will find the settings for risk management at the end of the script if you want to change something. But rebember, do not change values from indicators, the idea is to not over optimize the strategy.
If you want to change the initial capital for backtest the strategy, go to properties, and also enter the commisions of your exchange and slippage for more realistic results.
In risk managment you can find an option called "Use leverage ?", activate this if you want to backtest using leverage, which means that in case of not having enough money for risking the % determined by you of your account using your initial capital, you will use leverage for using the enough amount for risking that % of your acount in a buy position. Otherwise, the amount will be limited by your initial/current capital
---> Do not forget to deactivate Trades on chart option in style settings for a cleaner look of the chart <---
Some things to consider
USE UNDER YOUR OWN RISK. PAST RESULTS DO NOT REPRESENT THE FUTURE.
DEPENDING OF % ACCOUNT RISK PER TRADE, YOU COULD REQUIRE LEVERAGE FOR OPEN SOME POSITIONS, SO PLEASE, BE CAREFULL AND USE CORRECTLY THE RISK MANAGEMENT
Do not forget to change commissions and other parameters related with back testing results!
Strategies for trending markets use to have more looses than wins and it takes a long time to get profits, so do not forget to be patient and consistent !
---> The strategy can still be improved, you can change some parameters depending of the asset and timeframe like risk/reward for taking profits, for break even, also the main parameters of the UT Bot Alerts <----
ICT MTF Order Block Wicks [MK]Order Blocks are significant levels that may act as support or resistance to price. Often the wick area is where price may react. The script finds order blocks as per ICT trading system, then plots either the top or bottom wick area to the right side of price. Plotting to the right side of price allows for a cleaner chart. The script is MTF and can display order block boxes for the following timeframes. 5,10,15,30,1hr,4hr,8hr,12hr,D,W,M. Only order blocks of a higher timeframe than the current chart can be shown.
Below shows how order block wicks should be drawn on a 1hr chart NOTE: this is not what the indicator does, its only for explanation.
Below shows the same 1hr order blocks, but shown on a 15min chart NOTE: this is the function of this indicator.
Move Magnitude Visualizer (beta)This experimental visualizer measures all price differences across a range of samples to determine what is normal for a measure of time. Based on whether a recent change in price over time has exceeded the norm, a line is drawn to indicate the magnitude/severity of that move. In short, it attempts to visualize when a move is outside the norm and when it may be risky to join that move.
A thick red line = greater than 3 standard deviations.
An orangish/goldish line = greater than 2 standard deviations.
A thin dotted yellow = greater than 1 standard deviation.
In the end, I've always wanted a tool that gave me a visual warning to when a move is abnormally severe and shouldn't be trusted. RSI and other indicators only work with specific lengths, this attempt to be a deviation detector that isn't bound by length or time-frame.
This is a work in progress, so feedback is appreciated. I don't have a strong idea yet how to properly visualize this data.
It is very compute heavy and some users may experience timeouts. I've done everything I can think of to eliminate redundant computer and to optimize for PineScript.
Bollinger Band BreakoutThis strategy buys when price crosses above an upper Bollinger Band and sells when the lower band is breached. What makes this strategy different than others:
Long only with filtering for only showing strong tickers
Filter out trades below a moving average on both the current timeframe and a longer period timeframe to keep you out of bear markets
Optional ability to set a tighter initial stop level to increase exposure and decrease downside risk on freshly opened trades while you wait for the lower Bollinger Band trailing stop to catch up
Take entries/exits on wicks/stops or wait for candle closes before entry
Select which dates to backtest
Customize Bollinger Band parameters including the ability to have different values for the upper and lower band standard deviation
Anchored SMAThis is not your usual single moving average (SMA) indicator. It is an anchored SMA indicator. The anchored SMA does what other SMAs cannot--it stays at an anchored timeframe and presents that SMA relative to the timeframe you are in. For example, standard SMA indicators adjust to the timeframe you are viewing in your chart. So if you set it to a 20 day SMA while in the 1 Day timeframe, when you switch to the 5 minute timeframe, your 20 day SMA now becomes a 100 minute SMA indicator--that is it is only calculating the SMA for 20 ticks at 5 minutes each rather than holding the 20 day indicator at the higher timeframe. However, with the anchored SMA, the indicator would have held at the 20 day SMA while you were in the 5 minute timeframe.
The default setting is for the anchored SMA is the five day SMA. This can be adjusted in the settings to be any amount of ticks in any timeframe you choose from 1 minute to 1 week. The indicator does not hold accurately at timeframes outside of this range. The accompanying chart is the SPX in the 15 minute timeframe with the default anchored SMA settings in blue and the standard 200 tick SMA in black. Now, you could manually adjust the ticks to 130 SMA to fit the same blue line, but why do so when the anchored SMA does it for you?
This brings us to a very important note--this indicator is set to standard market hours at 6.5 hours per day. This means this indicator would not give the same results in markets with different hours, such as futures, FOREX, or Crypto markets. This only holds for equity markets. However, that is not to say it cannot be used in these other markets, it's that it wouldn't be the same result. Anyway, enjoy!
Energy_Arrows[Salty]This script quantifies the energy in a price move by comparing the relationship of 3 configurable exponential moving averages present on a slightly higher timeframe (chosen automatically based on the charts current period). It uses the closing price by default, but this is also configurable using the Source input. There are a few ways to use the information in this indicator. One is to use the values above zero (colored green) to provide a bullish bias for future price, and values below zero (colored red) indicating a bearish bias for future prices. This bias can be shown to be increasing or decreasing base on the upward or downward slope of the indicator. The green and red arrows can be enabled to show if the bias is strengthening or weakening based on the direction they are pointing. Finally, the height changes in the peaks of the indicator can be used to show divergence in the strength of extreme price moves to show when a pull back or reversal may occur.
