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PDF MA For Loop [BackQuant]PDF MA For Loop Introducing the PDF MA For Loop, an innovative trading indicator that combines Probability Density Function (PDF) smoothing with a dynamic for-loop scoring mechanism. This advanced tool provides traders with precise trend-following signals, helping to identify long and short opportunities with improved clarity and adaptability to market conditions. If you would like to check out the stand alone PDF Moving Average: Core Concept: Probability Density Function (PDF) Smoothing The PDF smoothing method is a unique approach that applies adaptive weights to price data based on a Probability Density Function. This ensures that recent data points receive appropriate emphasis while maintaining a smooth transition across the data set. The result is a moving average that is not only smoother but also more responsive to market changes. Key parameters in PDF smoothing: Variance : Controls the spread of the PDF, where a higher value results in broader smoothing and a lower value makes the moving average more sensitive. Mean : Centers the PDF around a specific value, influencing the weighting and responsiveness of the smoothing process. By combining PDF smoothing with traditional moving averages (EMA or SMA), the indicator creates a hybrid signal that balances responsiveness and reliability. For-Loop Scoring Mechanism At the heart of this indicator is the for-loop scoring mechanism, which evaluates the smoothed PDF moving average over a defined range of historical data points. This process assigns a score to the current market condition based on whether the PDF moving average is greater than or less than previous values. Long Signal: A long signal is generated when the score exceeds the Long Threshold (default set at 40), indicating upward momentum. Short Signal: A short signal is triggered when the score crosses below the Short Threshold (default set at -10), suggesting potential downward momentum. This dynamic scoring system ensures that the indicator remains adaptive, capturing trends and shifts in market sentiment effectively. Customization Options The PDF MA For Loop includes a variety of customizable settings to fit different trading styles and strategies: Calculation Settings Price Source : Select the input price for the calculation (default is the close price). Smoothing Method : Choose between EMA or SMA for the additional smoothing layer, providing flexibility to adapt to market conditions. Smoothing Period : Adjust the lookback period for the smoothing function, with shorter periods providing more sensitivity and longer periods offering greater stability. Variance & Mean : Fine-tune the PDF function parameters to control the weighting of the smoothing process. Signal Settings Thresholds : Customize the upper and lower thresholds to define the sensitivity of the long and short signals. For Loop Range : Set the range of historical data points analyzed by the for-loop, influencing the depth of the scoring mechanism. UI Settings Signal Line Width: Adjust the thickness of the plotted signal line for better visibility. Candle Coloring: Enable or disable the coloring of candlesticks based on trend direction (green for long, red for short, gray for neutral). Background Coloring: Add background shading to highlight long and short signals for an enhanced visual experience. Alerts and Automation The indicator includes built-in alert conditions to notify traders of important market events: Long Signal Alert: Notifies when the score exceeds the upper threshold, indicating a bullish trend. Short Signal Alert: Notifies when the score crosses below the lower threshold, signaling a bearish trend. These alerts can be configured for real-time notifications, allowing traders to respond quickly to market changes without constant chart monitoring. Trading Applications The PDF MA For Loop is versatile and can be applied across various trading strategies and market conditions: Trend Following: The PDF smoothing method combined with for-loop scoring makes this indicator particularly effective for identifying and following trends. Reversal Trading: By observing the thresholds and score, traders can anticipate potential reversals when the trend shifts from long to short (or vice versa). Risk Management: The dynamic thresholds and scoring provide clear signals, allowing traders to enter and exit trades with greater confidence and precision. Final Thoughts The PDF MA For Loopis merges advanced mathematical concepts with practical trading tools. By leveraging Probability Density Function smoothing and a dynamic for-loop scoring system, it provides traders with clear, actionable signals while adapting to market conditions. Whether you’re looking for an edge in trend-following strategies or seeking precision in identifying reversals, this indicator offers the flexibility and power to enhance your trading decisions As always, backtesting and integrating the PDF MA For Loop into a comprehensive trading strategy is recommended for optimal performance, as no single indicator should be used in isolation. Thus following all of the key points here are some sample backtests on the 1D Chart Disclaimer: Backtests are based off past results, and are not indicative of the future. INDEX:BTCUSD INDEX:ETHUSD BINANCE:SOLUSD
Pine Script™ indicator
by BackQuant
Neuro RSI by W.ARITASThe Neuro RSI by W.ARITAS is an advanced and adaptive RSI indicator, tailored for traders seeking precision and innovation in technical analysis. This cutting-edge tool combines the power of traditional RSI calculations with modern technologies like machine learning (LSTM), quantum-inspired algorithms, and advanced filtering techniques such as Kalman filtering and Jurik smoothing. Unlike standard RSI indicators, Neuro RSI introduces a visually appealing color dimension to aid traders in identifying significant market opportunities. The intuitive color palette enhances interpretability: Red or reddish tones signify a strong overbought state, indicating potential corrections. Blue-to-purple tones highlight a mid-state, often associated with consolidation. Green and yellow tones indicate an oversold state, suggesting a possible market reversal. This adaptive approach dynamically adjusts to market conditions and translates insights into an easy-to-read color-coded representation. Key Features Machine Learning Integration (LSTM): Refines oscillator predictions using LSTM neural networks. Provides adaptive feedback and dynamic signal adjustments based on live market data. Quantum-Inspired Calculations: Leverages Fibonacci-based weighting, wavelet transforms, and amplitude modulation. Generates a refined Probability RSI (PRSI) cloud to visualize market volatility and momentum. Advanced Filtering Techniques: Kalman filtering reduces noise for clearer signals. Jurik smoothing ensures stable and responsive trend analysis. Dynamic Adaptation: Reacts to changes in market volatility and sensitivity thresholds. Fully customizable to suit diverse trading strategies and instruments. Intuitive Visualization: Gradient-filled RSI and PRSI clouds make trend identification effortless. Clearly defined overbought/oversold boundaries with color fills for quick decision-making. How to Use Trading Signals: Utilize the PRSI curve and RSI Cloud to identify overbought/oversold levels and momentum shifts.Rely on gradient colors to visually interpret the strength of market states. Customizable Inputs: Adjust smoothing, oscillator frequency, and sensitivity thresholds for specific trading setups. Advanced users can fine-tune machine learning parameters, including LSTM learning rate, units, and wavelet bands. Risk Management: Integrate the Neuro RSI with your trading strategy to confirm entry/exit points. Leverage built-in support and resistance levels to enhance risk assessment. Inputs General Settings: Source: Select the data input (e.g., volume, close price). Smoothing Length: Adjust the level of curve smoothing. Algorithm Settings: Dynamic sensitivity, oscillator frequency, and Kalman filter parameters for deeper customization. ML Model Settings: Configure LSTM learning rate, units, and wavelet bands for precision optimization.
Pine Script™ indicator
by insidermike
Quartile For Loop [SeerQuant]Quartile For Loop (QFL) - The Quartile For Loop (QFL) is an advanced trend-following and scoring oscillator designed to detect momentum shifts and trend transitions using a quartile-based analysis. By leveraging quartile calculations and iterative scoring logic, QFL delivers dynamic trend signals which can be tailored to suit various market conditions. -------------------------------------------------------------------------------------------------- ⚙️ How It Works 1️⃣ Quartile-Based Calculation The indicator calculates the weighted average of the first quartile (Q1), median (Q2), and third quartile (Q3) over a customizable length, providing a robust adaptive trend value. 2️⃣ For Loop Scoring System A unique for-loop structure iteratively scores each quartile value against historical data, delivering actionable trend signals. Users can toggle between price-based and quartile-based scoring methods for flexibility. 3️⃣ Threshold Logic Bullish (Uptrend): Score exceeds the positive threshold. Bearish (Downtrend): Score falls below the negative threshold. Neutral: Score remains between thresholds. 4️⃣ Visual Trend Enhancements Optional candle coloring and a color-coded SMA provide clear visual cues for identifying trend direction. The adaptive quartile is dynamically updated to reflect changing market conditions. -------------------------------------------------------------------------------------------------- ✨ Customizable Settings Indicator Inputs Quartile Length: Define the calculation length for quartile analysis. Calculation Source: Choose the data source for quartile calculations (e.g., close price). Alternate Signal: Toggle between price-based and quartile-based scoring. Loop Settings Start/End Points: Set the range for the for-loop scoring system. Thresholds: Customize uptrend and downtrend thresholds. Style Settings Candle Coloring: Enable optional trend-based candle coloring. Color Schemes: Select from five unique palettes for trend visualization. -------------------------------------------------------------------------------------------------- 🚀 Features and Benefits Quartile-Driven Analysis: Harnesses the statistical power of quartiles for adaptive trend evaluation. Dynamic Scoring: Iterative scoring logic adjusts to market fluctuations. Clear Visual Representation: Color-coded histograms, candles, and trendlines enhance readability. Fully Customizable: Flexible inputs allow adaptation to diverse trading styles and strategies. -------------------------------------------------------------------------------------------------- 📜 Disclaimer This indicator is for educational purposes only and does not constitute financial advice. Market analysis is inherently speculative and subject to risk. Users should consult a licensed financial advisor before making trading decisions. Use at your own discretion. --------------------------------------------------------------------------------------------------
Pine Script™ indicator
by SeerQuant
Matrix Series and Vix Fix with VWAP CCI and QQE SignalsMatrix Series and Vix Fix with VWAP CCI and QQE Signals Short Title: Advanced Matrix Purpose This Pine Script combines multiple technical analysis tools to create a comprehensive trading indicator. It incorporates elements like support/resistance zones, overbought/oversold conditions, Williams Vix Fix, QQE (Quantitative Qualitative Estimation) signals, VWAP CCI signals, and a 200-period SMA for trend filtering. The goal is to provide actionable buy and sell signals with enhanced visualization. Key Features and Components 1. Matrix Series Smoothing Input: Allows customization of EMA smoothing for the indicator (default: 5). Support/Resistance Zones: Based on CCI (Commodity Channel Index) values. Dynamic zones calculated with customizable parameters (SupResPeriod, SupResPercentage, PricePeriod). Candlestick Visualization: Custom candlestick plots with colors indicating trends. Dynamic levels for overbought/oversold conditions. 2. Overbought/Oversold Signals Overbought and oversold levels are adjustable (ob and os). Plots circles on the chart to highlight extreme conditions. 3. Williams Vix Fix Identifies potential reversal points by analyzing volatility. Uses Bollinger Bands and percentile thresholds to detect high-probability entries. Includes two alert levels (alert1 and alert2) with customizable criteria for signal filtering. 4. QQE Signals Based on the smoothed RSI and QQE methodology. Detects trend changes using adaptive ATR bands (FastAtrRsiTL). Plots long and short signals when specific conditions are met. 5. VWAP CCI Signals Combines VWAP and CCI for additional trade signals. Detects crossovers and crossunders of CCI levels (-200 and 200) to generate long and short signals. 6. 200 SMA A 200-period simple moving average is plotted to act as a trend filter. The script rules recommend buying only when the price is above the SMA200. Customizable Inputs General: Smoothing, support/resistance periods, overbought/oversold levels. Williams Vix Fix: Lookback periods, Bollinger Band settings, percentile thresholds. QQE: RSI length, smoothing factor, QQE factor, and threshold values. VWAP CCI: Length for calculating deviations. Visual Elements Dynamic candlestick colors to indicate trend direction. Overbought/oversold circles for extreme price levels. Resistance and support lines. Labels and shapes for buy/sell signals from Vix Fix, QQE, and VWAP CCI. Alerts Alerts are configured for the Matrix Series (e.g., "BUY MATRIX") and other components, ensuring traders are notified when significant conditions are met. Intended Use This indicator is designed for traders seeking a multi-faceted tool to analyze market trends, identify potential reversal points, and generate actionable trading signals. It combines traditional indicators with advanced techniques for comprehensive market analysis.
Pine Script™ indicator
by splirus
Waldo RSI :oWaldo RSI :o Indicator Guide The Waldo RSI :o indicator is designed to complement the "Waldo RSI Overlay :o" by providing an RSI-based analysis on TradingView, focusing on macro shifts in market trends. Here's a comprehensive guide on how to use this indicator: Key Features: RSI Settings: RSI Source: Choose from ON RSI, ON HIGH, ON LOW, ON CLOSE, or ON OPEN to determine how RSI calculates pivots. RSI Settings: Source: Default is (H+L)/2, but you can select any price for RSI calculation. Length: Default RSI length is 7, which can be adjusted for sensitivity. Trend Lines: Show Trend Lines: Option to display trend lines based on RSI pivot points. Zigzag Length: Determines pivot point sensitivity. Confirm Length: Validates pivot points (default is 3). Colors: Customize colors for Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL) on the RSI. Label Size and Line Width: Adjust the appearance of labels and lines. Divergences: Classic Divergences: Show Classic Div: Toggle to reveal divergences where RSI and price move in opposite directions. Colors: Set different colors for bullish and bearish divergence indicators. Transparency and Line Width: Control the visual impact of divergence signals. Hidden Divergences: Similar settings for identifying hidden divergences, suggest trend continuation. Breakout/Breakdown: Show Breakout/Breakdown: Generates signals for RSI breakouts or breakdowns, used by "Waldo RSI Overlay :o" for visual chart signals. Overbought/Oversold Zones: Show Overbought and OverSold Zones: Highlights when RSI goes above 70 (overbought) or below 30 (oversold). Moving Averages on RSI: The default Moving Average (MA) settings are tailored to capture macro shifts in market trends: Show Moving Averages: Option to overlay two MAs on the RSI for trend confirmation: Fast RSI MA: RSI Period: 50 (this is the period over which the RSI is calculated). MA Length: 50 (the number of periods used for the moving average of the RSI). Slow RSI MA: RSI Period: 50 (same as fast for consistency in RSI calculation). MA Length: 200 (longer term for capturing broader trends). Crossover Signals: The RSI changes color from red to green based on these moving average crossovers: When the Fast MA (50 period) crosses above the Slow MA (200 period), the RSI turns green, indicating potential bullish conditions or momentum shift. Conversely, when the Fast MA crosses below the Slow MA, the RSI turns red, suggesting bearish conditions or a shift back towards a downtrend. This 50-period RSI crossover setting is used to identify overall macro shifts in the market, providing a clear visual cue for traders looking at longer-term trends. Ghost Lines (Optional): Ghost Lines: Option to limit how far RSI trend lines extend, helping to keep the chart less cluttered. How to Use the Indicator: Setup: Configure RSI by choosing the source and setting the length to match your trading style. Set the zigzag and confirm lengths for appropriate pivot detection. Trend Analysis: Monitor the RSI for trend changes using the colored trend lines and labels. Divergence Detection: Look for RSI and price divergences to anticipate potential reversals or continuations. Breakout/Breakdown: Use these signals in conjunction with "Waldo RSI Overlay :o" for price action confirmation. Overbought/Oversold: Identify when the market might be due for a correction or continued momentum. Moving Averages: Focus on the color changes in RSI to understand macro trend shifts with the default 50/200 period setup. Ghost Lines: Enable for a cleaner chart if you don't need trend lines extending indefinitely. Usage Tips: Combine with other indicators for confirmation, as no single tool is foolproof. Adjust settings to suit different market conditions or trading timeframes. Use in tandem with "Waldo RSI Overlay :o" for a full trading signal system. Remember, trading involves significant risk, and historical data does not guarantee future performance. Use this indicator as part of a broader trading strategy.
Pine Script™ indicator
by RSI_Trading_Concepts
Multiasset MVRVZ - MVRVZ for Multiple Crypto Assets [Da_Prof]This indicator shows the Market Value-Realized Value Z-score (MVRVZ) for Multiple Assets. The MVRV-Z score measures the value of a crypto asset by comparing its market cap to the realized value and dividing by the standard deviation of the market cap (market cap – realized cap) / stdev(market cap) to get a z-score. When the market value is significantly higher than the realized value, the asset may be considered "overvalued". Conversely, market values below the realized value may indicate the asset is "undervalued". For some assets (e.g., BTC) historically high values have generally signaled price tops and historically low values have signaled bottoms. The indicator displays two lines: 1) the MVRV-Z of the current chart symbol if the data is available through Coin Metrics (this is displayed in light blue), and 2) the MVRV-Z of the symbol selected from the dropdown (displayed in orange). The MVRV-Z of BTC is the default selected orange line. The example chart shows CRYPTOCAP:ETH 's MVRV-Z in blue and CRYPTOCAP:BTC 's MVRV-Z in orange. The MVRV-Z in this indicator is calculated on the weekly and will display consistently on lower timeframes. Some MVRV-Z indicators calculate this value from collection of all data from the beginning of the chart on the timeframe of the chart. This creates inconsistency in the standard deviation calculation and ultimately the z-score calculation when moving between time frames. This indicator calculates MVRV-Z based on the set number of weeks prior from the source data directly (default is two years worth of weekly data). This allows consistent MVRV-Z values on weekly and lower timeframes.
Pine Script™ indicator
by Da_Prof
Waldo RSI Overlay :oWaldo RSI Overlay :o Indicator Guide Welcome to the guide for the Waldo RSI Overlay :o indicator on TradingView. This tool enhances your trading analysis through RSI-based overlays for trend analysis, divergence detection, and breakout/breakdown signals when used with its companion indicator, Waldo RSI :o. Key Features: RSI Overlay: • RSI Source: Choose from: o ON RSI: Uses the RSI values directly to detect pivots, focusing on RSI highs and lows for trend analysis. o ON HIGH, ON CLOSE, ON LOW, ON OPEN: These options base pivot detection on price action at those specific points, offering an alternative market structure view. • RSI Settings: o Source: Default is (H+L)/2, but you can select any price for RSI calculation. o Length: Default RSI length is 7, which you can adjust for sensitivity. Trend Lines: • Show Trend Lines: Toggle to display trend lines based on pivot points. • Zigzag Length: Sets the sensitivity of pivot point detection. • Confirm Length: Ensures the validity of pivot points (default is 3). • Colors: Customize colors for Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL). • Transparency and Line Width: Control how trend lines and fills appear. • Label Size: Adjust the size of labels identifying pivot points. Divergences: • Classic Divergences: o Show Classic Div: Enable to highlight regular divergences where price and RSI move in opposite directions. o Colors: Define colors for bullish and bearish divergence lines and labels. o Transparency and Line Width: Adjust the visual impact of divergence signals. • Hidden Divergences: o Similar settings as classic, but these highlight divergences indicating trend continuation. Breakout/Breakdown: • Show Breakout/Breakdown: When activated, this feature signals when the price breaks through previous highs or lows. To activate these breakouts, you need the companion indicator Waldo RSI :o, select the SRC in the External section, and select the crossovers for each one. This combination provides RSI confirmation for breakout/breakdown events. Overbought/Oversold Zones: • Show Overbought and Oversold Zones: Bars are colored when RSI exceeds 70 (purple) or falls below 30 (blue), indicating potential market extremes. Moving Averages (Optional): • Show Moving Averages: Option to overlay two moving averages for trend confirmation. • Source, Type, Length: Customize each MA's configuration. Ghost Lines (Optional): • Ghost Lines: When enabled, trend lines extend for only a specified period (Ghost Length) instead of indefinitely. How to Use the Indicator: 1. Setup: o Configure RSI settings by choosing the RSI Source and adjusting the RSI Length to suit your trading style. o Set the Zigzag Length and Confirm Length for trend line sensitivity based on market volatility. 2. Trend Analysis: o Look at the colored horizontal lines and fills for HH, LH, HL, LL to discern market structure and potential reversal points. 3. Divergence Detection: o Identify divergences where price and RSI diverge. Regular divergences might signal trend exhaustion, while hidden ones could indicate trend persistence. 4. Breakout/Breakdown Signals: o Ensure you have both the Waldo RSI Overlay :o and Waldo RSI :o indicators applied. Green triangles below bars signal breakouts; red ones above indicate breakdowns, based on price movement with RSI confirmation from the companion indicator. 5. Overbought/Oversold: o Use these colored zones to spot potential momentum shifts or reversal areas. 6. Moving Averages on RSI: o If used, these can help confirm trends or identify crossover signals for additional trade confirmation. 7. Ghost Lines: o For a less cluttered chart, enable this to limit how far trend lines extend. Tips for Usage: • Always combine this indicator with other analytical tools for better confirmation. No single indicator should guide all decisions. • Adjust settings according to the asset's behavior and your trading timeframe. • Regularly review your settings as market dynamics change. Remember, trading involves risk, and past performance doesn't predict future outcomes. Use this indicator within a comprehensive trading strategy.
Pine Script™ indicator
by RSI_Trading_Concepts
Elite MA & RSI Dashboard¡Presentamos el "Ultimate Moving Averages + RSI Pro" para TradingView! 🚀 ¿Estás listo para llevar tu análisis técnico al siguiente nivel? Con el Ultimate Moving Averages + RSI Pro, tendrás una poderosa herramienta que combina 5 medias móviles personalizables y un RSI flotante para que puedas tomar decisiones más informadas y oportunas en tus operaciones. ¡Este indicador está diseñado para traders como tú, que buscan claridad, flexibilidad y precisión en su análisis!
Pine Script™ indicator
by crismisio8787
Strength Measurement -HTStrength Measurement -HT This indicator provides a comprehensive view of trend strength by calculating the average ADX (Average Directional Index) across multiple timeframes. It helps traders identify strong trends, potential reversals, and confirm signals from other indicators. Key Features: Multi-Timeframe Analysis: Analyze trend strength across different timeframes. Choose which timeframes to include in the calculation (5 min, 15 min, 30 min, 1 hour, 4 hour). Customizable ADX Parameters: Adjust the ADX smoothing (adxlen) and DI length (dilen) parameters to fine-tune the indicator to your preferred settings. Smoothed Average ADX: The average ADX is smoothed using a Simple Moving Average to reduce noise and provide a clearer picture of the overall trend.   Color-Coded Visualization: The histogram clearly indicates trend direction and strength: Green: Uptrend Red: Downtrend Darker shades: Stronger trend Lighter shades: Weaker trend Reference Levels: Includes horizontal lines at 25, 50, and 75 to provide benchmarks for trend strength classification. Alerts: Set alerts for strong trend up (ADX crossing above 50) and weakening trend (ADX crossing below 25). How to Use: Select Timeframes: Choose the timeframes you want to include in the average ADX calculation. Adjust ADX Parameters: Fine-tune the adxlen and dilen values based on your trading style and the timeframe of the chart. Identify Strong Trends: Look for histogram bars with darker green or red colors, indicating a strong trend. Spot Potential Reversals: Watch for changes in histogram color and height, which may suggest a weakening trend or a potential reversal. Combine with Other Indicators: Use this indicator with other technical analysis tools to confirm trading signals.   Note: This indicator is based on the ADX, which is a lagging indicator.
Pine Script™ indicator
by AccountantX
Stochastic Histogram - Mikel VaqueroStochastic Histogram (Stoch-H) This indicator visualizes the difference between the %K and %D lines of the stochastic oscillator as a histogram. The histogram bars are color-coded for easy interpretation: Green bars indicate positive values (%K is greater than %D). Red bars indicate negative values (%K is less than %D). This tool is designed to help traders identify potential trend shifts and overbought/oversold conditions at a glance. Customize the %K, %D, and smoothing periods to fit your trading strategy. Perfect for traders seeking a straightforward, visual representation of stochastic momentum.
Pine Script™ indicator
by Kiminawer
Stochastic HistogramStochastic Histogram (Stoch-H) This indicator visualizes the difference between the %K and %D lines of the stochastic oscillator as a histogram. The histogram bars are color-coded for easy interpretation: - Green bars indicate positive values (%K is greater than %D). - Red bars indicate negative values (%K is less than %D). This tool is designed to help traders identify potential trend shifts and overbought/oversold conditions at a glance. Customize the %K, %D, and smoothing periods to fit your trading strategy. Perfect for traders seeking a straightforward, visual representation of stochastic momentum.
Pine Script™ indicator
by Kiminawer
Internal Bar Strength (IBS) Strategy█ STRATEGY DESCRIPTION The "Internal Bar Strength (IBS) Strategy" is a mean-reversion strategy designed to identify trading opportunities based on the closing price's position within the daily price range. It enters a long position when the IBS indicates oversold conditions and exits when the IBS reaches overbought levels. This strategy was designed to be used on the daily timeframe. █ WHAT IS INTERNAL BAR STRENGTH (IBS)? Internal Bar Strength (IBS) measures where the closing price falls within the high-low range of a bar. It is calculated as: IBS = (Close - Low) / (High - Low) - **Low IBS (≤ 0.2)**: Indicates the close is near the bar's low, suggesting oversold conditions. - **High IBS (≥ 0.8)**: Indicates the close is near the bar's high, suggesting overbought conditions. █ SIGNAL GENERATION 1. LONG ENTRY A Buy Signal is triggered when: The IBS value drops below the Lower Threshold (default: 0.2). The signal occurs within the specified time window (between `Start Time` and `End Time`). 2. EXIT CONDITION A Sell Signal is generated when the IBS value rises to or above the Upper Threshold (default: 0.8). This prompts the strategy to exit the position. █ ADDITIONAL SETTINGS Upper Threshold: The IBS level at which the strategy exits trades. Default is 0.8. Lower Threshold: The IBS level at which the strategy enters long positions. Default is 0.2. Start Time and End Time: The time window during which the strategy is allowed to execute trades. █ PERFORMANCE OVERVIEW This strategy is designed for ranging markets and performs best when prices frequently revert to the mean. It is sensitive to extreme IBS values, which help identify potential reversals. Backtesting results should be analyzed to optimize the Upper/Lower Thresholds for specific instruments and market conditions.
Pine Script™ strategy
by Botnet101
Money Maykah -- MA slopesThe idea behind this script is to play with the idea of summing integration (IT) and differentiation (DT) of a T3 signal (smoothed with sma or ema). The sum is IT + DT. Obviously this is not exactly these mathematical concepts, but what occurs is that it generates an oscillator that somewhat gets rid of skew in the oscillations in the market. There is a signal IDE which sums the full IT + DT which shows a longer term oscillation. This will have a much larger range of numbers in amplitude so it may be a little annoying to move the scale around by hand. I don't care to fix this right now but I'm sure it can be done quite easily for someone else. I was also playing with the idea of using a Normalization oscillator with this and seeing how the two compare and whether they could be used in some sort of strategy. Both have unpredictable behaviors but hey the market is unpredictable so have at it!
Pine Script™ indicator
by mrchiller505
1
MultiTime Stochastics ProMultiTime Stochastics Pro This indicator is an enhanced version of the stochastic indicator, featuring two separate stochastics. This functionality allows you to adjust the settings and time frame for each stochastic individually, enabling a more precise analysis of market fluctuations. The Double Stochastic indicator enables you to simultaneously analyze the market in different time frames with two separate stochastics. One of the standout features of this indicator is that when the chart's time frame changes, each stochastic is displayed according to the time set for it and does not change in other time frames. This feature provides greater flexibility and accuracy in market analysis. How the Indicator Works This indicator calculates two separate stochastics: The first stochastic (K1 and D1) with its own specific time frame and settings. The second stochastic (K2 and D2) with a different time frame and settings. These two stochastics are displayed simultaneously on one chart, and overbought and oversold lines are also included. How to Use Parameter Adjustment : Adjust the parameters K1 Length, D1 Smoothing, and K1 Time Frame as desired. Do the same for the second stochastic. Signal Analysis : Analyze buy and sell signals based on the stochastic values and the overbought and oversold lines. Advantages Greater Precision : With two separate stochastics, you can follow market fluctuations with greater accuracy. Flexibility : The ability to individually set the time frame and parameters for each stochastic makes this indicator highly flexible. Stronger Signals : The simultaneous display of two stochastics allows you to receive stronger buy and sell signals. Multi-time frame Analysis : The ability to analyze the market in different time frames simultaneously. This indicator is suitable for traders seeking more precise and flexible market analysis tools. I hope these explanations help you publish your indicator in the best possible way!
Pine Script™ indicator
by bir368
Multiple Values TableThis Pine Script indicator, named "Multiple Values Table," provides a comprehensive view of various technical indicators in a tabular format directly on your trading chart. It allows traders to quickly assess multiple metrics without switching between different charts or panels. Key Features: Table Position and Size: Users can choose the position of the table on the chart (e.g., top left, top right). The size of the table can be adjusted (e.g., tiny, small, normal, large). Moving Averages: Calculates the 5-day Exponential Moving Average (5DEMA) using daily data. Calculates the 5-week and 20-week EMAs (5WEMA and 20WEMA) using weekly data. Indicates whether the current price is above or below these moving averages in percentage terms. Drawdown and Williams VIX Fix: Computes the drawdown from the 365-day high to the current close. Calculates the Williams VIX Fix (WVF), which measures the volatility of the asset. Shows both the current WVF and a 2% drawdown level. Relative Strength Index (RSI): Displays the current RSI and compares it to the RSI from 14 days ago. Indicates whether the RSI is increasing, decreasing, or flat. Stochastic RSI: Computes the Stochastic RSI and compares it to the value from 14 days ago. Indicates whether the Stochastic RSI is increasing, decreasing, or flat. Normalized MACD (NMACD): Calculates the Normalized MACD values. Indicates whether the MACD is increasing, decreasing, or flat. Awesome Oscillator (AO): Calculates the AO on a daily timeframe. Indicates whether the AO is increasing, decreasing, or flat. Volume Analysis: Displays the average volume over the last 22 days. Shows the current day's volume as a percentage of the average volume. Percentile Calculations: Calculates the current percentile rank of the WVF and ATH over specified periods. Indicates the percentile rank of the current volume percentage over the past period. Table Display: All these values are presented in a neatly formatted table. The table updates dynamically with the latest data. Example Use Cases: Comprehensive Market Analysis: Quickly assess multiple indicators at a glance. Trend and Momentum Analysis: Identify trends and momentum changes based on various moving averages and oscillators. Volatility and Drawdown Monitoring: Track volatility and drawdown levels to manage risk effectively. This script offers a powerful tool for traders who want to have a holistic view of various technical indicators in one place. It provides flexibility in customization and a user-friendly interface to enhance your trading experience.
Pine Script™ indicator
by OnlyMajorMoves