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Trendshiftindicator

Trend Shift Strategy [Fournier-Eaton]This is a version 0.1 of a revamped Trend Shift Indicator (strategy version). There are three main components: A moving average with color to indicate caution (for those trading short-term) A series of cross indications above bar to indicate further warning (for those trading mid-term) Longer term buy and sells informing the trades of the indicator itself. (for those trading longer term) I'd like some suggestions on how to improve this script, please make them in the comments. I do hope this is useful. Also please see the indicator version of this:
Pine Script™ strategy
by BradfordFournier
1
Slope and Concavity : derivative calculations [Fournier-Eaton]This script calculates the "instantaneous" first and second derivatives in a highly flexible and accurate way: namely, via zero-lag price tracking with increasingly narrow sample windows for sequential secant approximation tending towards the tangent. The slope of this tangential is the first derivative, i.e., slope. Paired with a divergence indicator this can be a powerful tool for trend analysis. The Script Works As Follows The slope (first derivative) is represented in line form Note that crossing through zero, the slope indicates a change in trend direction. The concavity (second derivative) is represented in histogram form Positive concavity indicates a shape like an upward bowl, negative is like a downward bowl, and crossing through zero is an inflection point. Pair this with any indicator that will accept arbitrary input (i.e., from other indicators) select slope or concavity (first or second derivative) to get a lead on trend changes that are often difficult to approximate with the eye during hectic markets. This is particularly useful as an augmentation for trend shift indicator -- which has been updated.
Pine Script™ indicator
by BradfordFournier
7
Fractals (Expo) Fractals (Expo) make use of fractals to identify trends and reversals. The indicator is designed to adapt smoothly and quickly to significant price moves in order to identify trend reversals as well as filtering out noise in an established trend. The indicator is simple to use and understand therefore valuable to all trading styles. The user has the ability to enable a custom input source which gives the user great flexibility and full control over what the calculations should be based on. The default input source is fractals from the swing points of the market. Real-Time Trend Alerts No Repainting Works on any market and in any timeframe HOW TO USE Use the indicator to gain insights into trends and trend reversals. Identify Trends Identify Trend reversals Use it as a Trend filter INDICATOR IN ACTION Daily Chart I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/strategies/ideas are only for educational purposes! ACCESS THE INDICATOR • Contact me on TradingView or use the links below
Pine Script™ indicator
by Zeiierman
11
Trend shift Candles (Expo)Trend shift Candles (Expo) identifies where the market characteristics change. Trend shifts often occur in these areas. This is visualized with white candlesticks and Zones. -> When the market enters a positive trend the candlesticks become green and when the market enters a negative trend the candlesticks become red. -> The user can choose which timeframe to use. Vwap can be enabled as an input source instead of using price. -> Please play around with the settings, I haven't set them to any specific values. HOW TO USE 1. Use the indicator to identify the direction of the trend. 2. Use the indicator to identify trend changes. -> Visual Order should be set to "Bring to Front" in order to see the color of the candles. INDICATOR IN ACTION 4 hour chart The indicator work on Heikin Ashi, Candles, Bars, Renko, Line Break, Kagi, and Point & Figure chart. I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes
Pine Script™ indicator
by Zeiierman
37
Expansion Top/Bottom (Expo) Expansion Top/Bottom (Expo) DESCRIPTION Expansion Top/Bottom (Expo) indicator is a powerful oscillator that visualizes temporary Top/Bottom as well as trend shifts. When the market moves boldly a histogram will be formed in the indicator which indicates that the movement might be at its end. It's always a great idea to lock in some profit when we get these histograms. These ‘Lock-in’ profits points are visualized by a cross. The professional trader has the ability to adjust the length of the calculation. A longer length means that the indicator spots broader market shifts. A short length means that the indicator spots temporary tops/bottoms. Use the indicator in combination with other signals and analysis techniques. HOW TO USE 1. Use the indicator to identify temporary tops/bottoms. 2. Use the indicator to identify broader tops/bottoms. 3. Use the indicator to visualize the trend. 4. Use the indicator to visualize ‘Lock-In’ profit points. INDICATOR IN ACTION Short length (Length = 14) BTCUSD EURUSD BRENT BRENT BTCUSD Long length (Length = 50) BRENT EURUSD BTCUSD The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well. I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below. • I have started to publish private scripts which are not visible on my profile. However, if you're interested to know more about these scripts, drop me a message at my webpage and I will show you these scripts as well. The rationale behind publishing these scrips as private is that I don't want them to be indexed in search engines. ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Pine Script™ indicator
by Zeiierman
70
Early Reverseal Signal Indicator (EARS). [Fournier-Eaton]EARS: Early Reversal Signal Indicator. NOTE: THIS IS A BETA VERSION This script allows you to get timely reversal indications. The script upon which this is based leads. However, EARS is meant to confidently lag so as to signal optimal trading times. This particular version is optimized to suit the 1 month, 30min chart. Feel free to adjust the parameters to suit your needs. More information on the parent script (Trend Shift Indicator) can be found here
Pine Script™ indicator
by BradfordFournier
1
Trend Shift Indicator v2.0 [Bradford Fournier]TSI v2.0-- Early Trend Shift Indicator Version 2.0 PURPOSE: This indicator detects early changes in trends and provides confirmation TSI aims to do the following simultaneously: detect trend changes early provide a means of trend confirmation -- while still being early in the cycle change provide an early indication of trend changing away from positive. SIGNALS EARLY SELL: Green peaked and decreasing SELL: GREEN TO RED (STRONG SELL: TSI peaked and crossunder "overbought input(180)") BUY: RED TO GREEN NOTE: Version 1 is still operative and updated. This is simply an alternative version for those who prefer it. SEE CHANGES BELOW ----------------- VERSION 2 CHANGES: Earlier reversal indications. Dynamic risk range. (yellow filler) [*}Overlay for signal confirmation
Pine Script™ indicator
by BradfordFournier
2
Trend Shift Indicator TSI -- Early Trend Shift Indicator PURPOSE: This indicator detects early changes in trends and provides confirmation In particular, the TSI aims to do the following simultaneously: detect trend changes early provide a means of trend confirmation -- while still being early in the cycle change provide an early indication of trend changing away from positive. EMPI indicates shifts in the following ways (see reference image below) Positive Shift: fill color red to green Early Positive Signal: upward green over red (use with caution) Negative Shift: fill color green to red Early Negative Signal: in green but with decreasing green (use with caution)
Pine Script™ indicator
by BradfordFournier
31