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Simple Moving Average (SMA)

BTC Volume Contango IndexBased on my previous script "BTC Contango Index" which was inspired by a Twitter post by Byzantine General: This is a script that shows the contango between spot and futures volumes of Bitcoin to identify overbought and oversold conditions. When a market is in contango, the volume of a futures contract is higher than the spot volume. Conversely, when a market is in backwardation, the volume of the futures contract is lower than the spot volume. The aggregate daily volumes on top exchanges are taken to obtain Total Spot Volume and Total Futures Volume. The script then plots (Total Futures Volume/Total Spot Volume) - 1 to illustrate the percent difference (contango) between spot and futures volumes of Bitcoin. This data by itself is useful, but because aggregate futures volumes are so much larger than spot volumes, no negative values are produced. To correct for this, the Z-score of contango is taken. The Z-score (z) of a data item x measures the distance (in standard deviations StdDev) and direction of the item from its mean (U): Z-score = (x - U) / StDev A value of zero indicates that the data item x is equal to the mean U, while positive or negative values show that the data item is above or below the mean (x Values of +2 and -2 show that the data item is two standard deviations above or below the chosen mean, respectively, and over 95.5% of all data items are contained within these two horizontal references). We substitute x with volume contango C, the mean U with simple moving average ( SMA ) of n periods (50), and StdDev with the standard deviation of closing contango for n periods (50), so the above formula becomes: Z-score = (C - SMA (50)) / StdDev(C,50). When in contango, Bitcoin may be overbought. When in backwardation, Bitcoin may be oversold. The current bar calculation will always look incorrect due to TV plotting the Z-score before the bar closes.
Pine Script™ indicator
by MartinShkreIi
6
Closing RangeIndicator shows the closing range of each bar. Closing range is where the bar closes (high - close) relative to the length of the wick (high - low). A close at the top of the wick would be 100%, middle 50%, bottom 0%. In addition, the indicator multiplies closing range by volume to weight toward high volume days. A simple moving average is applied to visualize trend in volume-weighted closing range over time. Options include changing the threshold of bullish closes. The default is 50%, but you can view a close above 40% as a bullish. Simple moving average can be enabled/disabled as well as the length adjusted.
Pine Script™ indicator
by drewby4321
Simple Moving Average CrossThe script uses 3 simple moving averages that you can define (SMA Top, SMA Mid, SMA Long). Once the SMA Top is above the SMA Mid and the SMA Mid is above the SMA Top a long position is entered. Once the SMA Top is below the SMA Mid and the SMA Mid is below the SMA Top a short position is entered. You may define how long before these positions are entered by adjusting the bars in the Inputs section. A setting of 0 will enter a position as soon as the conditions are met, whereas a setting of 5 will wait 5 bars after the conditions are met before entering the positions.
Pine Script™ strategy
by DaneSchell
1
SMA Strategy - Indicator Version for AlertIn this indicator, I made use of two different sma intersections for buying and selling points. You can use the intersection of 2 sma values for buying and 2 separate sma intersection for selling. There are 3 different alarms for those who want to set an alarm. - Cross Alarm: The alarm that will work on buy-sell signals for those who have the right to set a single alarm. - Buy Alarm: The alarm that will operate at the receiving point according to the values you specified. - Sell Alarm: The alarm that will operate at the sales point according to the values you specify.
Pine Script™ indicator
by melihtuna
PineScript v4 - Forex Pin-Bar Trading StrategyPineScript v4, forex trading robot based on the commonly used bullish / bearish pin-bar piercing the moving averages strategy. I coded this robot to stress-test the PineScript v4 language to see how advanced it is, and whether I could port a forex trading strategy from MT4 to TradingView. In my opinion, PineScript v4 is still not a professional coding language; for example you cannot use IF-statements to modify the contents of global variables; this makes complex robot behaviour difficult to implement. In addition, it is unclear if the programmer can use nested IF-ELSE, or nested FOR within IF. The sequence of program execution is also unclear, and although complex order entry and exit appears to function properly, I am not completely comfortable with it. Recommended Chart Settings: Asset Class: Forex Time Frame: H1 Long Entry Conditions: a) Moving Average up trend, fast crosses above slow b) Presence of a Bullish Pin Bar c) Pin Bar pierces either Moving Average d) Moving Averages must be sloping up, angle threshold (optional) Short Entry Conditions: a) Moving Average down trend, fast crosses below slow b) Presence of a Bearish Pin Bar c) Pin Bar pierces either Moving Average d) Moving Averages must be sloping down, angle threshold (optional) Exit Conditions: a) Stoploss level is hit b) Takeprofit level is hit c) Moving Averages cross-back (optional) Default Robot Settings: Equity Risk (%): 3 //how much account balance to risk per trade Stop Loss (x*ATR, Float): 2.1 //stoploss = x * ATR, you can change x Risk : Reward (1 : x*SL, Float): 3.1 //takeprofit = x * stop_loss_distance, you can change x Fast MA (Period): 20 //fast moving average period Slow MA (Period): 50 //slow moving average period ATR (Period): 14 //average true range period Use MA Slope (Boolean): true //toggle the requirement of the moving average slope Bull Slope Angle (Deg): 1 //angle above which, moving average is considered to be sloping up Bear Slope Angle (Deg): -1 //angle below which, moving average is considered to be sloping down Exit When MA Re-Cross (Boolean): true //toggle, close trade if moving average crosses back Cancel Entry After X Bars (Period): 3 //cancel the order after x bars not triggered, you can change x Backtest Results (2019 to 2020, H1, Default Settings): EURJPY - 111% profit, 2.631 profit factor, 16.43% drawdown EURUSD - 103% profit, 2.899 profit factor, 14.95% drawdown EURAUD - 76.75% profit, 1.8 profit factor, 17.99% drawdown NZDUSD - 64.62% profit, 1.727 profit factor, 19.14% drawdown GBPUSD - 58.73% profit, 1.663 profit factor, 15.44% downdown AUDJPY - 48.71% profit, 1.635 profit factor, 11.81% drawdown USDCHF - 30.72% profit, 1.36 profit factor, 22.63% drawdown AUDUSD - 8.54% profit, 1.092 profit factor, 19.86% drawdown EURGBP - 0.03% profit, 1.0 profit factor, 29.66% drawdown USDJPY - 1.96% loss, 0.972 profit factor, 28.37% drawdown USDCAD - 6.36% loss, 0.891 profit factor, 21.14% drawdown GBPJPY - 28.27% loss, 0.461 profit factor, 39.13% drawdown To reduce the possibility of curve-fitting, this robot was backtested on 12 popular forex currencies, as shown above. The robot was profitable on 8 out of 12 currencies, breakeven on 1, and made a loss on 3. The default robot settings could be over-fitting for the EUR, as we can see out-sized performance for the EUR pairs, with the exception of the EURGBP. We can see that GBPJPY made the largest loss, so these two pairs could be related. Risk Warning: This is a forex trading strategy that involves high risk of equity loss, and backtest performance will not equal future results. You agree to use this script at your own risk.
Pine Script™ strategy
by TsangYouJun
5
The Lazy Trader - Index (ETF) Trend Following Robot50/150 moving average, index (ETF) trend following robot. Coded for people who cannot psychologically handle dollar-cost-averaging through bear markets and extreme drawdowns (although DCA can produce better results eventually), this robot helps you to avoid bear markets. Be a fair-weathered friend of Mr Market, and only take up his offer when the sun is shining! Designed for the lazy trader who really doesn't care... Recommended Chart Settings: Asset Class: ETF Time Frame: Daily Necessary ETF Macro Conditions: a) Country must have healthy demographics, good ratio of young > old b) Country population must be increasing c) Country must be experiencing price-inflation Default Robot Settings: Slow Moving Average: 50 (integer) //adjust to suit your underlying index Fast Moving Average: 150 (integer) //adjust to suit your underlying index Bullish Slope Angle: 5 (degrees) //up angle of moving averages Bearish Slope Angle: -5 (degrees) //down angle of moving averages Average True Range: 14 (integer) //input for slope-angle formula Risk: 100 (%) //100% risk means using all equity per trade ETF Test Results (Default Settings): SPY (1993 to 2020, 27 years), 332% profit, 20 trades, 6.4 profit factor, 7% drawdown EWG (1996 to 2020, 24 years), 310% profit, 18 trades, 3.7 profit factor, 10% drawdown EWH (1996 to 2020, 24 years), 4% loss, 26 trades, 0.9 profit factor, 36% drawdown QQQ (1999 to 2020, 21 years), 232% profit, 17 trades, 3.6 profit factor, 2% drawdown EEM (2003 to 2020, 17 years), 73% profit, 17 trades, 1.1 profit factor, 3% drawdown GXC (2007 to 2020, 13 years), 18% profit, 14 trades, 1.3 profit factor, 26% drawdown BKF (2009 to 2020, 11 years), 11% profit, 13 trades, 1.2 profit factor, 33% drawdown A longer time in the markets is better, with the exception of EWH. 6 out of 7 tested ETFs were profitable, feel free to test on your favourite ETF (default settings) and comment below. Risk Warning: Not tested on commodities nor other financial products like currencies (code will not work), feel free to leave comments below. Moving Average Slope Angle Formula: Reproduced and modified from source:
Pine Script™ strategy
by TsangYouJun
3
SSL Backtester With ATR SL TP and Money ManagementSimilar to other SSL Channel scripts, but this one allows you to set an ATR-derived stop loss and adds the option to risk a % of the equity or used a fixed lot. Enters upon a long or short SSL crossover. FIXED LOTS For 0.01 "lots" use 1000 For 1 standard lot, use 100,000 FOR MONEY MANAGEMENT For 1% risk, enter 0.01 For 10% risk, enter 0.1 etc You should be able to adapt this to any other indicator by just changing the entry conditions and adding your own indicator values. It is not meant to be a profitable script, just a template to begin adding money management ideas to existing scripts which currently just enter and exit on an event.
Pine Script™ strategy
by JBTrippin
Golden Ratio MultiplierThe moving averages 350 and 111 by themselves do a great job of identifying market tops/bottoms. The fraction 350/111 is very close to Pi as well (3.15) so that's is suspicious in its own right. Nonetheless, fibonacci retracements/multiplies of the 350 SMA does a remarkable job of finding reversal points. I commented out a couple of multiplies for simplicity's sake (the lines became rather crowded). However, the script is open source so you all can copy it into Pine Editor and delete the "//" and add it back to the script. Cheers.
Pine Script™ indicator
by Riester
Deep_Fractal_Signals_and_Rubber_Band_TradesThis indicator is based on Williams Fractals and the TopDog Trading "Rubber Band Trade" The Deep Fractal Signals are triangles that indicate the price is forming a pattern of decreasing lows in a down trend (orange) or, increasing highs in an up trend (green). The triangles are placed above or below the last bar of the pattern, unlike Fractals which are drawn 2 candles prior to the current candle, and are re-painted on the chart. When the triangle is indicated above the moving average in a down trend (blue), or below the moving average in an up trend (yellow), this is a Rubber Band Trade. When the slope of the moving average is less than the Gain set by the user, or are counter-trend, the triangles are plotted in silver. When used in conjunction with the Power Analyzer indicator, a signal to the long side should be taken when the Power Analyzer momentum indicator is at a cycle low. Similarly, a signal to the short side should be taken when the indicator is at a cycle high. The first, second or third signal in a new trend have the highest probability of a follow through. The indicator sometimes gives a false signal at the very end of the trend, just before the market reverses. This is an attempt by the Market Makers to persuade traders that the trend will continue. Please leave a comment and "Like" this indicator if you find it useful. FX Engineering
Pine Script™ indicator
by FXEngineering
3
MTF SMA on specific timeframe(5M-4H)Japanese below. 日本語の説明は下記 This is multi time frame simple moving average that is shown only on the specific timeframe; 5M, 15M, 30M, 1H, 4H. Problem of conventional MTF moving average is that MTF MA is sometimes annoying especially when you look at upper timeframe such as daily chart and/or weekly chart. e.g. You set 20 MA of 4 hour chart into 1 hour chart, however, when you look at daily chart, daily chart also shows 20MA of 4 hour chart which is unnecessary. This is why I have developed this MTF SMA indicator shown only on the timeframe from 5M to 4 hour. With this indicator, even if you set MA of upper timeframe(such as 4 hour) into Lower timeframe, that MA will not be shown on above daily chart. You can customize adding or removing below code; timeframe.period == “X”? security(syminfo.tickerid, res, sma(src, ma_len)) X is the timeframe that you would add/remove from the indicator. —————————————————————————————— 特定の時間軸にのみ表示されるマルチタイムフレーム移動平均線のインジケーターです。 従来のマルチタイムフレーム移動平均線の問題点は、上位足に切り替えた時にもマルチタイムフレーム移動平均線の設定が表示され、チャートが見にくくなる点でした。 例: 4時間足の20MAをマルチタイムフレーム移動平均線としてセットしたとします。この場合、1時間足などの下位足で4時間足の20MAが表示されることになりますが、同時に日足や週足といった上位足チャートを見る時にも、この4時間足の20MAが表示されてしまいます。 このインジケーターでは、従来のマルチタイムフレーム移動平均線と同様に、設定元となる上位足の時間軸(4時間、日足など)を選択し、期間とソースを設定することができる一方で、表示されるのは5分足、15分足、30分足,1時間足、4時間足のみとなります。 スクリプトのMAの取得部分に以下コードを追加することで、必要な時間軸を追加・削除することが可能です。 timeframe.period == “X”? security(syminfo.tickerid, res, sma(src, ma_len)) Xは表示したい時間軸です。4時間足チャートからこのインジケーターを削除したい場合は timeframe.period == “240”? security(syminfo.tickerid, res, sma(src, ma_len)) を削除してください。
Pine Script™ indicator
by FX365_Thailand
5
CryptoSignalScanner - Advanced Moving Averages - Cross & RainbowDESCRIPTION: With this script you can plot 6 moving averages. You can decide which Moving Average you want to show or hide. For every plot you can decide to display the Simple Moving Average ( SMA ) or Exponential Moving Average ( EMA ). It provides CrossOver and CrossUnder labels when loading the script. Those labels you can show or hide. You have the possibility to show or hide the rainbow colors. This rainbow function gives you a clear view of the current trend. HOW TO USE: • When one Moving Average crosses above another Moving Average it signals an uptrend. • When one Moving Average crosses below another Moving Average it signals a downtrend. • The higher to length of the Moving Average the stronger the trend. FEATURES: • You can show/hide the preferred Moving Averages. • You can set the length, type and source for every Moving Average. • You can show/hide the rainbow colors. • You can show/hide the CrossUp labels. • You can show/hide the CrossDown labels. • You can set alerts for every Moving Average. • Etc... DEFAULT SETTINGS: • MA1 => EMA5 • MA2 => EMA10 • MA3 => EMA20 • MA4 => SMA50 • MA5 => SMA100 • MA6 => SMA200 Simple Moving Average vs. Exponential Moving Average: SMA and EMA are calculated differently. The exponential moving average ( EMA ) focuses more on recent prices than on a long series of data points, as the simple moving average required. The calculation makes the EMA quicker to react to price changes and the SMA react slower. That is the main difference between the two. One is not necessarily better than another. It comes down to personal preference. Plot an EMA and SMA of the same length on a chart and see which one helps you make better trading decisions. Moving Average Trading Strategies: The first strategy is a price crossover, when the price crosses above or below a moving average, it signals a potential change in trend. The second strategy applies when one moving averages crosses another moving average. • When the short-term MA crosses above the long-term MA, it signals a buy signal. • When the short-term MA crosses below the long-term MA, it signals a sell signal. REMARKS: • This advice is NOT financial advice. • We do not provide personal investment advice and we are not a qualified licensed investment advisor. • All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. • We will not and cannot be held liable for any actions you take as a result of anything you read here. • We only provide this information to help you make a better decision. • While the information provided is believed to be accurate, it may include errors or inaccuracies. If you like this script please donate some coins to share your appreciation. Good Luck, SEOCO
Pine Script™ indicator
by seoco
1