NEXT Strategy VisualizerAs suggestive by its name, NEXT Strategy Visualizer enables traders to discover, configure, and plot strategy signals (in the form of arrows) based on any of our NEXT TradingView indicators, as well as other TradingView indicators (built-in and 3rd party). It is intended to be a visual strategy builder, primarily for discretionary trading. Historic and real-time signals are plotted when strategy conditions are met. NEXT add-ons can be used standalone or as part of a broader trading system (e.g. validation or enter / exit signal only). As of this writing, NEXT Strategy Visualizer fully supports our first TradingView add-on, NEXT RSI , a volume-weighed RSI indicator. All future NEXT indicators (and we have many planned) will also be fully compatible and pluggable into Strategy Visualizer. Below is an example of a NEXT RSI (Length 9, P/V Weighing 3) overbought/oversold (contra-trend, momentum) strategy plotted on EURUSD 10-Range chart via NEXT Strategy Visualizer.
Input Parameters
Signal Source: This should be set to whichever NEXT add-on strategy you wish to visualize. In the example above, it is NEXT RSI. Signal Source will also take any other built-in or 3rd party TradingView indicator.
LE Level: When this level is crossed from below, a long entry signal is displayed on the chart. In the EURUSD example above, we used 10. Putting it together: when the NEXT RSI line (as selected in the Signal Source) crosses above 10, an up arrow, representing a long signal, is drawn.
SE Level: when this level is crossed from above, a short entry signal is displayed on the chart. In the EURUSD example above, we used 90. Putting it together: when the NEXT RSI line (as selected in the Signal Source) crosses below 90, a down arrow, representing a short signal, is drawn.
Use LX/SX: Checking this box will enable the next 2 parameters, LX Level and SX Level, intended for long exit and short exit signals.
LX Level: When this level is crossed from above, a long exit signal, in the form of a green "X", is displayed on the chart. For example, if we wanted to exit a long signal when RSI reaches and retraces under 75, we would set this value to 75. This way, an up arrow would be drawn at 10 and an "X" at 75.
SX Level: When this level is crossed from below, a short exit signal, in the form of a red "X", is displayed on the chart. For example, if we wanted to exit a short signal when RSI reaches and retraces over 25, we would set this value to 25. This way, a down arrow would be drawn at 90 and an "X" at 25.
Remember, all Level values are relative to the Signal Source . For example, the NEXT RSI scale runs 0 to 100 so numbers in that range make sense. Setting levels to any other number would cause the Strategy Visualizer to never draw a signal.
Important: In order to effectively use the NEXT Strategy Visualizer you must attach both the indicator you wish to visualize (NEXT RSI in our example) and the NEXT Strategy Visualizer indicator itself.
All strategy ideas and tutorials for individual NEXT indicators will be powered by NEXT Strategy Visualizer and published on our TradingView page under Ideas .
Visualizer
Safe Scalpy Stop Loss. Percentage from price visualizer.This is my first script I have published so bear with me.
I have thrown this together so you can easily see on the chart where -0.5%, -1% and -2% would be from the last candle close. I also replicated these to show positive values in case you are shorting.
I have also added a custom value setting so you can set the line at whatever percentage value you like and included an adjustable recent higher high and higher low finder to help create a recent range as it seems to work well in tandem for scalping range based price movement.
You can turn all these things on and off in the settings on the style checkboxes.
I felt the need to make this because I like to scalp trade with leverage like a total degen from time to time. Often the setups happen very quickly. It is difficult to calculate where to set a stop loss in a hurry so I keep a fixed account size/lev and just vary the position percentage size based on the percentage of the stop loss from the current price.
Sometimes when switching from a lower volatility chart to high volatility one it is easy to get caught out by quickly entering a scalp trade only to find you made your position way too big or you shouldn't have entered at all. You thought it was only moving 0.2% per candle instead of 3%. Whoops. Rekt.
This indicator is all about trying to help me avoid that with a visual clue to back up the bad maths I do quickly in my head.
I often hide it and only show it when I'm ready to enter a position to double check my SL and entry are set in a sensible area.
I thought I would publish it in case someone else finds such a simple tool handy.
Apologies if there is already something out there that does this job. I couldn't find it.
See you all on the moon.
MA(X) + ForecastingSimply put, MA(X) + Forecasting is a moving average cross visualizer which allows the end-user to enter two user defined moving averages, each with their own length, source, and type, to create the visualized ribbon, as well as the option for an additional three separate moving averages, all with their own length, source, and type enabling MA(X) the flexibility to be used for any one of your favorite moving average strategies or in conjunction with another for added confluence.
Additionally, MA(X) also has a built in moving average ‘Forecasting’ feature, which calculates and projects the trajectory of each moving average. For added flexibility, the forecasting feature has 4 bias settings, (Neutral, Bullish, Bearish, Auto). The first three bias settings are rather self explanatory, and the “Auto” bias setting will in a nutshell automatically determine the current market cycle, and then apply the correct bias setting to use.
By default, the indicator is setup with the settings for the Daily SMA strategy ’10 SMA + 22 SMA’ as well as the Daily EMA+SMA strategy “21 EMA”, but can be used on any timeframe with any settings needed.
Enjoy!
Cooltoyz : Bollinger ShadowsFinally, another gadget for the cooltoyz series :)
this is a simple tool to allow vizualizing bollinger bands with several values/levels. usually boll bands have the levels at 1.5, 2, 3, for multiplier of standadrd deviations. but, just changing those values, we can apply fibbonnaci levels to the bands.
The inputs on this indicator come with fib levels by default, but the values are part of input fields, so it's easy to change to whatever you prefer, back to the calssic std.deviation values, for example. also, the colors are set to make a visual slope, so it's more instinctive to see how strong the candles are moving.
just play with it, and like it. or not :)
here is another example, where the colors are reversed, to create a more classic "shadowy" effect.
i just like to have the edge level set stronger, it's easier to see when stuff is "on fire" :)
Deep CandleAccess two chart resolutions and/or securities with crystal clarity. Have your one minute candles built right into your one hour candles, or whatever other combinations you'd like. Use "Fade Mode" to accentuate low res candles when zoomed out and mute them when zoomed in. Choose any security/exchange and any resolution.
If you'd like to plug this concept into another indicator, I'm at your service.
~jdhadwin
Two resolutions, same exchange, one chart:
Two resolutions, Coinbase 1m & Bitfinex 30m, one chart:
Fade Mode Off
Fade Mode On
1 Minute Chart with 1 Day Candles applied
15 Minute Chart with 1 Day Candles applied (zoomed out)
15 Minute Chart with 1 Day Candles applied (zoomed in) with Fade Mode Off
15 Minute Chart with 1 Day Candles applied (zoomed in) with Fade Mode On
Support & Resistance FilterVisualize support and resistance levels with a high level of user control. Tired of meaningless, tightly clustered, support and resistance lines (shouldn't those just be considered bounces)? Just filter them out with the Bounce Filter. Want to visualize S&R in a crisp, clear new way? Use "Areas of S&R". Want to have a ridiculous amount of control over what counts for support and resistance in the first place? Use the Swing Filter (built-in). Perhaps most interesting... ...want to see support and resistance for (say) Bitfinex-BTC/USD on a Coinbase chart to see how they affect Coinbase candles? Then check out the advanced settings and have fun ;)
Support & Resistance levels are determined by historic pivots (swings). If a price breaks through the first resistance level, it may really take off. If it breaks through the second level, or through all five resistance levels, you might be on your way to the moon (Lambos not included). The inverse is true when the price breaks-down, through support levels.
5 Levels of Support and 5 levels of Resistance are available.
In a very bullish or bearish situation, searching back in time for the next highest Support or Resistance level can become quite demanding on TradingView's server. I've pushed it to the limit:
R2 & S2 look back 1,000 candles
R3 & S3 look back 2,250 candles
R4 & S4 look back 3,500 candles
R5 & S5 look back 4,999 candles
When TradingView's servers are getting a little bogged down, you may get an error about "a loop being longer than 100ms". That just comes with the territory of searching so many candles back. To resolve it, just click "Force Reload" in the settings.
I'd love to post the manual, the instructions for the settings, here in the description, but the publishing policy sets a limit as to how long these descriptions can be. So check the comments for a manual on how to use this indicator. And if you'd like to plug this kind of indicator into your scripts, just contact me for custom work.
~jdhadwin
