Combo Z ScoreObjective:
Can we use both VIX and MOVE relationships to indicate movement in the SPY? VIX (forward contract on SPY options) correlations are quite common as forward indicators however MOVE (forward contract on bonds) also provides a slightly different level of insight
Using the Z-Score of VIX vs VVIX and MOVE vs inverted VIX (there is no M of Move so we use inverted Vix as a proxy) we get some helpful indications of potential future moves. Added %B to give us some exposure to momentum. Toggle VIX or MOVE.
If anyone has a better idea of inverted Vix to proxy forward interest in MOVE let me know.
Options
Movable Stop + Trail + Alerthello everybody !
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this indicator helps you to get a better trading setting.
it's similar to the default draw tool from the trading view but the difference is you can add Trail stop and Alert .
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It also helps to free accounts to set more than 1 Alarm !!!
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Alert setting
just remember after you see set an alert if you change stop or entry, the alert will work with previous values/settings.
so you need to recreate an alert.
also don't change alert setting
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indicator setting
How is it works ?
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settings
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everything on :
you can see the information on the table
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short sample :
everything on
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simple short trade setting:
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my goal is to upgrade this indicator with your ideas.
not financial advice !
please , share your ideas with me to improve the indicator
I would like to see what you think about this indicator <3
also if you have any ideas to create an indicator or strategy you can make contact with me .
have a great day.
Alpha MaxAlphamax takes the power of the AlphaTrend indicator behind it, allowing signals to be received earlier without breaking the logic of AlphaTrend. It provides this with a kind of Moving Avera, which is done by a special calculation.
Configuration can be provided with the AlphaMax Length entry on the indicator. It is recommended to be used by optimizing especially for 15m and below timeframes.
Multi EMA with labels (Any timeframe)This script lets you add up to 8 EMAs (Exponential Moving Averages) that can be set to any timeframe and length. The difference between this and other EMA indicators is that it has a simple label attached to each EMA showing which timeframe it belongs to and what length it is, so you can get that information at a glance while trading without having to remember the specific settings for each EMA.
I was personally looking for something like this because I like clarity on my chart and these labels really help. The existing EMA indicators I found with labels don't support multiple timesframes or if they do, they don't include the timeframe itself in the label, so that's why I created this simple script and shared it in case somebody else is looking for the same. Enjoy.
Market Makers MoveV1,V2, & V3: New indicator release!! In this fantastic new indicator, you can do the following:
- Specify a particular EMA crossing combination (between a fast and a slow ema line)
- Specify the timeframe (can be independent or based on current chart timeframe, by default)
- Select one of four possible potential profiles (ETFs Only, Crypto, and more!) OR input manually any of 40 possible tickers AND
- Assess whether entry for calls or puts is appropriate based on price action on realtime view between 2 tickers, one which will be the highest (strongest) trend up and the other going the lowest (weakest) trend possible, all at the same time!
This indicator is by no means financial advice!! So by all means, use according to proper assessment and risk management! There are various tooltips instilled to each field and table of the indicator, all to better guide you for better end results!
Cheers! and good luck in you!!
ADX by SSGThis Script displays the ADX values for 1min , 5 min, 15min and 30min in text format. Location is bottom center.
This also warns if ADX value is falling below 20 or going above 20. It warns the traders with text message.
Also it tells if the ADX slope is downwards or upwards. Color coding changes according to slope direction
Index Reversal Range with Volatility Index or VIXWhat is the Indicator?
• The indicator is a visualization of maximum price in which the respective index can go up to in comparison with it's Volatility Index or VIX.
Who to use?
• Intraday
• Swing
• Position
• Long term Investors
• Futures
• Options
• Portfolio Managers
• Mutual Fund Managers
• Index Traders
• Volatility based Traders
• Long term Investors and Options Traders gets the maximum benefit
What timeframe to use?
• 1 Year: Position & Investors
• 6 Months: Position & Investors
• 3 Months: Swing & Position
• 1 Month: Swing & Position
• 1 Week: Swing
• 1 Day: Swing
• 1 Hour: Intraday & Swing
What are Upper and Lower lines?
• Upper Line: If the index price reach closer to the Upper line there is a high chance of reversal to Bearish trend.
• Lower Line: If the index price reach closer to the Lower line there is a high chance of reversal to Bullish trend.
• This need to be confirmed with multiple levels like Daily, Weekly, Monthly etc.
How to use?
• If the price reach closer to that level there is a high chance of reversal from the current trend.
• To identify the reversal zone of the index.
• To identify the trend.
• Option Traders can Sell a Call or Put Option from that level.
• Long term Investors, Position or Swing traders can plan for a Long entry.
• Intraday traders can use lower timeframes to do the same.
Indicator Menu
• Input VIX: Identify the VIX Symbol of your Index and type it in the box.
• For example for NIFTY Index chart type INDIAVIX in the box.
• Choose multiple timeframes according to your convenience.
How to turn on indicator Name and Value labels?
• Right side of the screen >
• Right click on the Price scale >
• Labels > Indicators and financial name labels, Indicators and financial value labels
Further Reading:
• Various videos and reading materials are available about this method.
Impulse & SecurityThe logic of the indicator is simple. We have a large candle for the period N. In its range there are candles with the same extremums in the direction of the trend → Alert.
Important: It is not suitable for all coins and not for all TF
Market HackThis indicator is intended to only be used in any timeframe between the 1 minute and the 15 minute. If greater than 15 minute, or less than 1 minute, then the table will disappear!
Furthermore, this is a very simple table containing 4 varying emojis:
🔱- This is a gold crossing, indicative of bullish momentum.
💀 - This is a death crossing, indicative of bearish momentum.
🟩 - This represents a bullish cycle, which reinforces the currently active bullish momentum.
🟥 - This represents a bearish cycle, which supports an active bearish momentum.
In summary, 🔱🟩 is perfect confirmation for CALL entry, but even better when at minimum the 1m and 3m care confirmed. Similarly, 💀🟥 confirms an upcoming entry for a PUT. Bear in mind, this indicator is not meant for any financial advice and is only meant to present market direction, or at least a few specific tickers' direction with the market.
Lal OnlineI made this indicator to help my friend to see the market direction and finding strike price. Regards. Lal Adidasan
ALL Ticker ID informationAn example and overview of the syminfo and tickerid functions to be able to access different tools.
Here is an example of accessing the Bitfinex exchange (and requesting "instrument name") when another exchange is open (BINANCE:BTCUSDT)
There is a difference in name between BINANCE:BTCUSDT and BITFINEX:BTCUSD exchanges
Try swapping //
T = "BITFINEX:"+str.tostring(syminfo.basecurrency)+"USDT"
//T = "BITFINEX:"+str.tostring(syminfo.basecurrency)+"USD"
The script will show that this instrument does not exist "Error in the value of the instrument. There is no such currency!"
Implemented Resolve error handling with the ignore_invalid_symbol=true parameter, this gives further processing of the script without errors.
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Пример и обзор функций syminfo и tickerid для возможности доступа к разным инструментам.
Здесь реализован пример доступа к бирже Bitfinex(и запрос "названия инструмента"), когда открыта другая биржа (BINANCE:BTCUSDT)
Существует разница в названии между биржами BINANCE:BTCUSDT и BITFINEX:BTCUSD
Попробуйте поменять // местами
T = "BITFINEX:"+str.tostring(syminfo.basecurrency)+"USDT"
//T = "BITFINEX:"+str.tostring(syminfo.basecurrency)+"USD"
Скрипт выдаст, что данного инструмента нет "Ошибка в значении инструмента. Такой валюты нет!"
Реализована Обработка ошибки Resolve error с помощью параметра ignore_invalid_symbol=true это дает дальнейшую обработку скрипта без ошибок.
Rangebar timeThis indicator determines the time (in minutes) for which a bar of the Range Bar type was formed.
In order to avoid errors in the calculations, a weekend check is immediately carried out (one day if it is a holiday or two days if it is a weekend).
If there are more days off, then the information on the first bar after the weekend may be incorrect.
Индикатор определяет время (в минутах), за которое образовался бар типа RangeBar.
Cразу идет проверка на выходные дни (один день, если праздник или два дня, если выходные).
Если выходных больше, то информация на 1-ом баре, после выходных может быть некорректна.
VIX FixSistema de trading hecho por Larry Williams, basado en VIX, optimizado para cualquier activo.
Formula:
(Highest (Close, 20) - Low) / (Highest (Close, 20)) * 100
Donde “Highest (Close, 20)” representa el cierre mas alto de los ultimos 20 periodos
Larry Williams Mechanical Trading System based on VIX.
The VIX Fix applies the same general formula that is used to calculate the stochastic indicator, so can be used for any asset:
(Highest (Close, 20) - Low) / (Highest (Close, 20)) * 100
Where “Highest (Close, 20)” means the highest closing value in the past 20 periods and the low refers
to the current period’s low. The formula can be applied to any timeframe.
Sentimental Cycles with CrossingsThis indicator provides the following options, where you can choose to display:
DEMA TEMA cycles, filtered by default with sentiment.
Sentiment cloud, based on the 200ema area between the 1 minute and 1 hour lines.
One or both ema crossings with their respective timeframes (independent from current chart timeframe) and optional line display.
One or two tickers and their respective crossings based on selected timeframes.
Additional EMA lines supplied with their very own timeframe.
This indicator is intended to be used any way suitable to the user, nearly every aspect is customizable, and the defaults are just enough to get you started on deciding whether it's time to enter calls or puts.
TIPS for optimal results:
- Try using 2 charts: the 1 minute and the 1 hour per symbol. Under the 1 minute chart, use the 3 minute and 5 minute timeframe for crossings.
- Try to start a position when a sentimental DEMA TEMA cloud is beginning to form. The first bar usually pays thicc.
- Tickers SPY and VXX can be of good reference for market direction. If all crossings coincide, it's because there's a strong momentum in a certain direction for the market.
Future TimevalueThis indicator plots a chart of future timevalue for all NSE index and NSE FNO Stock. It plots the difference of future and spot's 1min candle close price.
Just open any index or stock spot chart in 1 min timeframe(works with higher tf also) and add the indicator.
FDAX Impulse TimesThis little scrip is used to automatically draw the most important time periods of the DAX Futures into your chart. You can use the configuration gear to adjust the position of the rectangles based on the current price level.
Artharjan INDIA VIX v/s Nifty Volatility DashboardHi,
I have created Artharjan INDIA VIX v/s Nifty Volatility Dashboard to forecast the Annual, Quarterly, Monthly, Weekly, Daily and Hourly Volatility of NIFTY Benchmark Index based on current value of INDIA VIX. This will help Index Options Sellers to decide the range of Nifty for the given period based on current level of volatility indicated by INDIA VIX.
Options Sellers may make use of the Min Range and Max Range values for the Strike Price Selection.
Regards
Rahul Desai
@Artharjan
Auto Support & Resistance From Option Strike Price + PercentagesAUTO SUPPORT AND RESISTANCE FROM OPTIONS STRIKE PRICES WITH PERCENTAGE GAPS
This is an auto support and resistance level indicator that uses options strike prices or psychological numbers as the relevant levels. Set your starting level or strike price and input the options strike price gaps for that ticker and 15 lines in either direction will automatically populate on the chart. It also has a table in the bottom right corner that tells you how far the current price is from the next closest support and resistance levels.
Everything is easily customizable in the indicator input settings including turning the lines on/off, turning the percentage gaps table on/off, setting the options strike price gaps, setting the starting level, setting the position of the percentage gaps table, changing support and resistance line colors all at once and updating the linewidth of all of the support and resistance lines at once.
***HOW TO USE***
First, go into the indicator settings and set the starting level to use. If you are trading SPY and it is near 450, then set your starting level at 450. If you are trading SQQQ and it is near 38, set your starting level to 38. If you are trading crypto, set your levels to the nearest psychological or round number such as 40,000 for BTC or 2,500 for ETH or 16.50 for LINK.
Second, set your options strike price gaps. If you are trading SPY, this will be 2.5. If you are trading SQQQ this number would be 1. If you are trading crypto, try using psychological price levels instead of strike prices, such as 500, 1000 or 5000 for BTC and 100, 250 or 500 for ETH. For small priced cryptos, use decimals such as .25, .50, etc.
Once these inputs are filled in, 15 levels in each direction will automatically populate on the chart for you.
If price is above a level, it will paint green. If price is below a level it will paint red. These colors represent support and resistance visually for you on the chart and will change dynamically as price moves above or below these levels. These colors can be customized in the indicator input settings to change all lines by only updating one color.
There is a table of percentage gap updates that will tell you in real time how far away the price is from the nearest support and resistance lines so you always know your risk to reward ratios. Each label will also be colored the same as the corresponding support or resistance line as a visual aid.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This support and resistance indicator can be used on all timeframes.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Directional Movement Index, Volume Profile, Momentum and Money Flow Index in combination with this auto support and resistance indicator. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Weighted Standard Deviation BandsLinearly weighted standard deviations over linearly weighted mean.
The rationale of the study can be deduced from my latest publications where I go deeper into explaining the benefits of linear weighting, but in short, I can remind that by using linear weighting we are able to increase the information gain by communicating the sequential nature of time series to the calculations via linear weighting.
Note, that multiplier parameters can take both negative and positive values resulting in ability to have, for example, 1st and 6th weighted standard deviations higher than the weighted mean.
Despite the modification of the classic standard deviation formula, I assume that mathematical qualities of standard deviation will hold due to the fact we can alternately weight the window itself, and then apply the classic standard deviation over the weighted window. In both cases, the results will be the same.
Aight that was too formal, but your short strangles should be happy
Here is it, for you
Technimentals RobotThis robot includes multiple trade signal algorithms and technical overlays. With tools for all markets and trading styles, access original and beautiful charting tools that work for you.
Flexible and robust trend detection & confirmation
Maverick mean reversion signals
Immensely customizable settings for all markets
Indicator prediction zones, perfect for options traders
The most beautiful bands in the world
As of this update, Technimentals Robot includes:
Queen Mary - A powerful mean reversion algorithm which compares the performance of the chart against the performance of a user-chosen benchmark. She uses short term mean reversion optionally combined with longer term trend following logic to detect possible deviations and thus unique pivot points which may lead to short term reversals or continuations of trend.
Brian - An agile and fully customizable trend following algorithm which uses various filtering systems to hone signals.
Prediction Zones - Projections of future price levels and indicator levels, currently featuring RSI and MFI.
Volume Weighted Filtered Bands - The most beautiful bands in the world.
...and much more! Check the change log below for new features.
Technimentals Robot is an all-in-one suite of indicators designed to be used as a standalone trading system. The backbone of this indicator is the trade signal generation. However, blindly following trade signals without context is unwise and that's where the supplementary bands and Prediction Zones come in. The signals are designed to be used primarily for entry signals; the bands can be used to determine whether or not a chart is overextended (and worth stopping out or profit taking) or not. The Prediction Zones are built in particular for those wishing to trade these signals via options due to the quantifiable nature of their predictions, but they too can be used to add an extra data point for knowing which areas of support & resistance to use when determining take profit and stop loss locations.
Sub-Component Descriptions:
Queen Mary
Queen Mary is a versatile trading signal generator which uses another symbol as a benchmark to build trading signals for your chart.
Queen Mary works by detecting whether or not there are sustained divergences and alerts the user via trade signals for when reversions to the mean are expected.
A typical use case for Queen Mary would be to set her to run on a technology stock with a technology ETF as the benchmark, but you use any pair of your choice.
Buy signals on the chart simultaneously indicate sell signals in the benchmark.
This can be used for pairs trading and long/short portfolio strategies.
Suppose the following; you’ve applied Queen Mary to a chart of AAPL and are using XLK as the benchmark. A buy signal for AAPL would also indicate a sell signal for the XLK. The user could then long AAPL and short XLK the same dollar amount, expecting a reversion to the mean.
Brian
Brian is a flexible trend following algorithm which uses multiple filtering techniques to hone entries and exits.
Brian has been designed to catch every major trend without fail. The inevitable problem all breakout or trend following algorithms face is their propensity to get chopped up during sideways market action. Brian addresses this problem via the ‘Risk’ setting which allows the user to determine the market conditions via a risk/reward standpoint.
During periods of sideways action, the risk setting should be increased. This will reduce the number of signals Brian gives and increase the odds of the breakout leading to a continuation.
Brian signals profit taking signals via blue flags. These always occur at a user defined risk to reward ratio. Partial profits should always be taken as soon as these flags occur. It is advised to use a user-defined trailing stop loss on the remaining position which suits the user’s own risk preferences.
Prediction Zones
Prediction Zones predict zones of indicator and price levels into the future.
Currently featuring the Relative Strength Index and the Money Flow Index, Prediction Zones will display at what future prices these indicators will reach user defined outputs.
A classic use-case example of this would be for options traders as these zones can be used as support and resistance areas. For example, if you believe the daily RSI won’t reach below 30 before the end of the week, you can use this zone as another data point for deciding where to put your short strike.
The zones can be shown into the past too so you can see how they behaved on historical data.
Volume Weighted Filtered Bands
These bands are built by firstly using a volatility and short term range detection algorithm and plugging this into three different lengths of smoothing filters. The output is then combined and filtered one last time before being coloured and plotted as multiple bands.
They can be customized to suit any trading style, but were built with scalp traders particularly in mind. It’s rare for prices to deviate from these bands for long.
A typical use case for these bands would be to trade with the trend while price is trading cleanly inside and in the same direction as the bands. Profit taking should typically be considered when price exceeds the bands, although this will depend on the settings chosen by the user.
The bands can also be used to gauge volatility (with an unusual increase in width) and volume (increased brightness).
The brightness of the bands are determined by volume, the brighter the bands are, the greater the volume.
Queen Mary
Brian
Most of the above images were carefully chosen, others were not. No indicator or strategy is perfect. Trend following algorithms will inevitably experience chop. Mean reversion algorithms will inevitably miss out on the big moves. Our tools aim to give you the data to help you determine which signals to act upon.
You are responsible for your own trading decisions. Trading signals are worthless if you do not have a clear plan, including exit targets and risk management. If you do not have these, you should study them seriously before considering fancy indicators. This indicator is probably unsuitable for beginners.
VIX RangeThis indicator shows the daily expected trading range of the instrument.
An upper and lower line denotes the range. It is calulated based on the volatility index selected (NSE:India VIX is used by default). Also it shows developing upper and lower line for the next trading day.
Non-directional option strategies (like straddle, strangle) can be performed based on the expected trading range.
EMA Options Clouds With SignalsEMA Clouds for Options!
This indicator can help you confidently open and close options positions. Note that you should set stop a little below midline EMA . Risk reward for good signals is fairly consistent in profit. Most of the simulations I ran got between 1:2 and 1:4 profits. The losers usually can be avoided by making sure you are not in a choppy trading channel. Wait for EMAs to start separating and don't blindly follow every buy/sell.
3 wave EMA + Clouds:
Defaults:
EMA 8/32/64
Signals (off by default - turn on in settings):
Buy Call/Sell Call (open/exit call positions)
Buy Put/Sell Put (open/exit put positions)
Enter signals bullish:
Close over Middle EMA AND Short EMA > Middle EMA > Long EMA
Exit signals bullish:
Close under Middle EMA OR trend turns bearish (Short EMA < Middle EMA < Long EMA )
Enter signals bearish:
Close under Middle EMA AND Short EMA < Middle EMA < Long EMA
Exit signals bearish:
Close over Middle EMA OR Short EMA > Middle EMA > Long EMA
Cloud Colors (Default)
Green: Bullish
Red: Bearish
White: Chop/Transition
OpenMarketLondon Open Market to New York Open Market.
Only weekday is visible.
Summer -- 1500-2000
Winter -- 1600-2100