Aso Line v2This indicator generates buy and sell signals by analyzing volume and horizontal lines. Red and green zones are displayed on the chart.
・Red zone: indicates a short (sell) signal. When the price reaches this zone, consider a short position.
・Green zone: indicates a long (buy) signal. When the price reaches this zone, consider a long position.
This indicator uses a proprietary algorithm to analyze volume and horizontal lines to identify the best zones for trading. Specifically, we will explain and .
In addition, configuration options for using this indicator effectively will be explained. For example, there are parameters to adjust the width of the zone, the volume calculation period, and the type of horizontal line used. By adjusting these parameters, you can adapt to different market conditions and trading styles.
- The way this indicator works is to look for fractal highs or fractal lows on volume above a moving average of volume. This moving average can be changed in the settings for each time frame.
- Fractal highs are identified by three consecutive highs followed by two consecutive lows, and vice versa for fractal lows.
- A zone is created from the fractal high/low and the closing candlestick price for the selected time frame. The larger the zone, the more important it is.
- You can disable zones, change zones to show only lines, or change the color, transparency, and thickness of lines in all zones.
XAUUSD
Rainbow Histogram v1.01Sure! Here’s a compelling English version of the article for your TradingView post:
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### 🌈 **Introducing Rainbow Histogram: A Fusion of EMA and MA for Enhanced Trading Analysis**
**Hello Traders,**
I’m excited to introduce a fresh concept that combines technical analysis techniques into a new indicator called **Rainbow Histogram**. This innovative tool blends Exponential Moving Averages (EMA) and Moving Averages (MA) to provide you with a powerful and accurate tool for making trading decisions.
#### **🎨 What is Rainbow Histogram?**
The Rainbow Histogram is designed to help you identify market trends and signal precise entry and exit points by blending EMA and MA into a colorful "Rainbow" display. This visual approach enhances your ability to spot trend strength and direction with clarity.
#### **📈 How Does Rainbow Histogram Work?**
1. **Exponential Moving Average (EMA):** Captures short-term trends and reacts quickly to price changes.
2. **Moving Average (MA):** Tracks long-term trends and provides a broader view of the market direction.
**Rainbow Histogram** uses the combination of EMA and MA to create a histogram that shows the difference between these two averages in distinct colors. This makes it easy to visualize trend changes and market momentum.
#### **🔧 Setting It Up**
1. **EMA:** Adjust the EMA settings based on your trading timeframe and strategy (e.g., EMA 9, EMA 21).
2. **MA:** Set the MA parameters to capture long-term trends (e.g., MA 50, MA 200).
#### **🌟 Why Use Rainbow Histogram?**
- **Simplified Analysis:** Quickly identify trends and their strength with a clear visual representation.
- **Distinct Colors:** Differentiate between EMA and MA with vibrant colors for easy interpretation.
- **Precise Signals:** Get clear buy and sell signals based on histogram changes.
#### **📥 Get Started**
Add **Rainbow Histogram** to your TradingView charts by searching for the script in TradingView’s library or set it up manually using the recommended settings.
#### **📝 In Summary**
**Rainbow Histogram** is a unique tool that simplifies trend analysis and enhances accuracy by merging EMA and MA into a single, colorful indicator. Use this tool to refine your trading strategy and make more informed financial decisions.
If you have any questions or feedback about **Rainbow Histogram**, feel free to comment below or send me a message!
**Happy Trading!** 🌟
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I hope this version effectively captures attention and engages your audience!
NOVO ALGO - Starry SkyGeneral Description:
This indicator provides the possible buy and sell entry with the estimated risk and its corresponding Stop Loss (SL) value.
It has originally developed for 1-min chart and works the best on this time-frame. It may work on the other time-frames, but its profitability has not been checked. So, I would rather recommend to use and apply it only on 1-min chart.
Novelty of the indicator:
Trading in 1-min chart consists of dealing with so many small swings and price variations which are very local and does not affect the general trend even in the 5-min time frame.
We call these small price variations and swings 'Noise'.
The novelty of the indicator is in a parameter which we call the Noise Level and filtering length.
It has been widely used in the Fluid Dynamics and in the Large Eddy Simulations where small noises of flow is removed by a dynamic filter.
In this indicator, we have tried to incorporate the same idea but in the price trend detection.
For the current version, we have used a less tolerance for noise level which results in much less signals compared to the full capacity of the indicator. It roughly sends out around 10-15% of the total confirmed positions.
How it detects the entry positions
To define the entry point, 5 main properties are considered and checked at 3 main time frames including 1-min, 5-min, and 15-min.
These time-frames are selected based on the fact that the target chart is in 1-min.
The 5 properties evaluated are:
1- Smooth Moving Average
2- Bollinger Band
3- Price Regression
4- Candle Pattern
5- Volume
Detailed Description:
Detect a possible entry by Smooth Moving Average:
- At each time frame, 3 lengths are considered to calculate the price moving average values; i.e. short, medium and long lengths.
- The interaction of these MAs, of course, defines the local trend of the price generally. It also provides an idea about the strength of the trend.
- The information calculated at 1-min time frame triggers the possible buy/sell. However, it waits until getting confirmation from the upper time frame (5-min).
- We use the MAs of 15-min time frame to define the general dominant price trend and stop reverse signals when the trend is fully dominant in one direction.
When a possible entry position is triggered by the MAs, at that very price bar we calculate the noise level.
If the noise level is higher than a certain predefined value, then the signal is rejected. Otherwise the signal gets out.
The threshold we use to define if a signal is noisy or not is normalized so it can be used without any concern at different markets.
We believe the calculations and ideas behind the Noise Level is what makes this indicator unique and practical.
We define the noise level parameter based on the following properties:
1- Smooth Moving Average at upper time frame (basically 15-min):
If a possible signal is against the trend of the upper time-frame, the noise level is increased.
If it is in the direction of the upper time-frame trend, then the noise level is untouched.
As already mentioned, different lengths are used. So, as the length of MA is larger its impact on the noise level is considered higher.
2- Bollinger Band of upper time frames (5-min and 15-min)
We employ bollinger bands to define 4 regions.
1. Above the upper band
2. Between middle and upper band
3. Between Lower and middle bands
4. Below the lower band
Then use these 4 regions along with the candle position and price regression.
For example, if the price regression line and candle position are on the same region of BB, then we assume less possibility for reverse or strong trend.
Consequently, we increase the noise level parameter. On the other hand, if they belong to two different region, we assume more possibility for big price change, and so we lower the noise level.
3- Price Regression
We use average price regression line to filter out very small swings in the price. We have also set a criterion of continuity for the regression line that ensures small price variation and swings are left out and filtered.
This will come with the sot of delay in the confirmation of signal, but we found it very important to remove very small swings of price that, for example, consists of only few bars in 1-min chart.
We have also used the position of the regression line along with the regions defied by BBs to evaluate the strength of a newly detected trend.
As candles will always reach to the regression at some point, if a possible entry is detected and the regression line and candles belong to two different region, we assume a strong price change. But if they belong to the same region, we increase the noise level and will assume that it might be a small swing.
4- Candle Pattern
We assumed several rules for candles shape and prices to define if a price movement is strong or it is just a small swing. For example we expect the price to be increase in the last 2-3 candles if we should call a entry for long position.
These set of self-made rules have been extracted by using the visual inspections of the price movement. This has been done much more advanced for long entry position which has resulted in more long signals by the indicator.
5- Volume
We use volume of trades in 1-min, 5-min, and 15-min to evaluate the strength of the trend. We use both absolute and what we call directional volume! The directional volume is the volume with the sign of the candle. This helps us to know if the reverse trend supported by enough volume or it is just a small swing.
For example, if the directional volume of 1-min can surpass the 5-min directional volume, this indicates to us that the importance of 5-min data and its validity is less. So, more focus will be put on the 1-min volume data and the direction it indicates.
Money Management:
Profit calculation: the profit is calculated based on the user defined leverage (default 100x). The user has the option to change the buy/sell leverages to the desired values.
Risk assessment: The user has the option to adjust the risk of the trades. Then the SL value will be calculated for each trade according to the defined risk value.
If a value of zero is set for the risk, then the indicator will define the local SL of each trade based on the pivot point.
As in 1-min trading, the prices are noise and include several small swings and consequently several minor pivot points, we filtered the pivot points that belong to the super small swings detected by our noise level indicator.
Suggestion
I found it more profitable to make the trades risk-free when their profits passes 10% (with leverage 100x). Then, readjust the TP of trades if the trend is in the direction of the position.
I would recommend to observe the performance of the indicator for a day or two, before actually trading with its signals. This will help to have a better understanding of the leverage and risk you may apply.
Sniper Entry using RSI confirmationThis is a sniper entry indicator that provides Buy and Sell signals using other Indicators to give the best possible Entries (note: Entries will not be 100 percent accurate and analysis should be done to support an entry)
Moving Average Crossovers:
The indicator uses two moving averages: a short-term SMA (Simple Moving Average) and a long-term SMA.
When the short-term SMA crosses above the long-term SMA, it generates a buy signal (indicating potential upward momentum).
When the short-term SMA crosses below the long-term SMA, it generates a sell signal (indicating potential downward momentum).
RSI Confirmation:
The indicator incorporates RSI (Relative Strength Index) to confirm the buy and sell signals generated by the moving average crossovers.
RSI is used to gauge the overbought and oversold conditions of the market.
A buy signal is confirmed if RSI is below a specified overbought level, indicating potential buying opportunity.
A sell signal is confirmed if RSI is above a specified oversold level, indicating potential selling opportunity.
Dynamic Take Profit and Stop Loss:
The indicator calculates dynamic take profit and stop loss levels based on the Average True Range (ATR).
ATR is used to gauge market volatility, and the take profit and stop loss levels are adjusted accordingly.
This feature helps traders to manage their risk effectively by setting appropriate profit targets and stop loss levels.
Combining the information provided by these, the indicator will provide an entry point with a provided take profit and stop loss. The indicator can be applied to different asset classes. Risk management must be applied when using this indicator as it is not 100% guaranteed to be profitable.
Goodluck!
AllTheUpsTheresAlwaysDowns "AllTheUpsTheresAlwaysDowns" ☆ATUTAD☆ // w%r + ma indicator designed for forex trading.
This indicator combines the Williams %R, moving averages, and session tracking.
Key Inputs:
Williams%Range Period: Adjusts the sensitivity of the Williams %R calculation.
Moving Average Period: Defines the period for the moving average used in the indicator.
Overbought and Oversold Thresholds: Sets the thresholds for identifying overbought and oversold conditions.
Features:
Williams %R Calculation: Calculates the Williams %R, a momentum oscillator that measures overbought and oversold levels.
Moving Averages: Plots two moving averages to capitalize on and visualize trend direction.
Session Tracking: Identifies the start and end of trading sessions (Tokyo, London, New York) for better session-based analysis.
Signal Generation: Generates buy/sell signals based on Williams %R levels and moving average crossovers.
Color Coding: Visualizes color-coded bars and shapes to highlight different market conditions and signal types.
Alerts: For buy/sell signals and overbought/oversold conditions to prompt timely actions.
Usage Tips:
Interpret Signals: Trend direction through buy/sell signals and overbought/oversold trend,- reversal / breakout line conditions for potential trading opportunities.
Session Awareness: Take into account the trading sessions (Tokyo, London, New York) to move along with the market dynamics during different times of the day.
Confirmation: Use additional technical analysis tools to confirm signals before executing trades. For example the Williams Percetange Range indicator.
Risk Management: Trade with proper risk management strategies to avoid potential losses.
HappyTrading
Williams Percent Range with Trendlines and BreakoutsHere is my "Williams Percent Range with Trendlines and Breakouts" indicator, a simple yet powerful tool for traders. This indicator combines the classic Williams %R oscillator, which helps identify overbought and oversold levels, with added trendlines for easier trend analysis at a glance.
It's designed to make spotting potential breakouts easier by drawing attention to significant price movements. With customizable settings for the Williams %R period and trendline sensitivity, it's a flexible tool for various symbols and trading styles.
Whether you're looking to refine your trading strategy or just need a clearer view of market trends, this indicator should offer a straight forward approach to hopefully enhance your trading decisions.
Disclaimer: This indicator is intended for educational and informational purposes only. Always conduct your own research and analysis before making trading decisions.
XAU/USD Key levels by PB TradingWorldIndicator: XAU/USD Key Levels by PB TradingWorld
Version: 1.0
This is a Trading note for XAU/USD Traders. PB believes that Market Makers will try to protect the Key levels on chart, especially those around Swing High and Swing Low. Therefore, the indicator will show where the noticeable prices. It is displayed as follows:
Key Levels (Round Numbers):
H4 candle = 1 Trading Session
D1 candle = 1 Trading Day
W1 candle = 1 Trading Week
MN1 Canlde = 1 Trading Month
D2 Candle = The last 2 Trading Days
D3 Canlde = The last 3 Trading Days
FOREXCOM:XAUUSD
XAUUSD & XAGUSD LOT SIZE CALCUALTOR - BY ADRIANFX94This calculator is a tool designed for traders who trade on the financial markets with instruments like gold (XAUUSD) and silver (XAGUSD). It helps you determine the appropriate lot size to trade based on your account balance, desired risk percentage, and stop-loss size in pips.
Here's how it works:
Account Balance: You input your account balance in US dollars (USD). This is the amount of money you have available to trade.
Risk Percentage: You specify the percentage of your account balance that you are willing to risk on each trade. For example, if you set it to 1%, you are willing to risk 1% of your account balance on a single trade.
Stop Loss Pip Size: You set the size of your stop loss in pips. A stop loss is a risk management tool that defines the maximum amount you are willing to lose on a trade.
The calculator then uses this information along with contract sizes and pip sizes for gold and silver to calculate the appropriate lot size for each instrument. Lot size refers to the number of units or contracts you will trade.
The results are displayed in a table on the top-right corner of your trading chart. The table shows your account balance, the risk percentage you set, and the calculated lot size for gold and silver. The lot size represents the number of contracts you should trade for each instrument to align with your risk management strategy.
By using this calculator, traders can make informed decisions about their trade sizes, ensuring they manage their risk effectively and trade in a way that aligns with their account balance and risk tolerance. It helps traders avoid overexposing their accounts to risk and helps maintain a disciplined trading approach.
CHN BUY SELLCHN BUY SELL is formed from two RSI indicators, those are RSI 14 and RSI 7 . I use RSI 14 to determine the trend and RSI 7 to find entry points.
+ Long (BUY) Signal:
- RSI 14 will give a "BUY" signal, then RSI 7 will give entry point to LONG when the candle turns yellow.
+ Short (SELL) Signal:
- RSI 14 will give a "EXIT" signal, then RSI 7 will give entry point to SHORT when the candle turns purple.
+ About Take Profit and Stop Loss:
- With Gold, I usually set Stop Loss and Take Profit at 50 pips
- With currency pairs, I usually keep my Stop Loss and Take Profit at 30 pips
- With crypto, I usually keep Stop Loss and Take Profit at 1.5%
Recommended to use in time frame M15 and above .
This method can be used to trade Forex, Gold and Crypto.
My idea is formed on the view that when the price is moving strongly, the RSI 14 will tell us what the current trend is through a "BUY" or "EXIT" signal. When RSI 14 reaches the oversold area it will form a "BUY" signal and when it reaches the overbought area it will give an "EXIT" signal. I believe that when the price reaches the oversold or overbought area, the price momentum has also decreased and is about to reverse.
After receiving a signal from RSI 14, my job is to wait for an Entry signal from RSI 7. When RSI 7 reaches the overbought area, a yellow candle will appear and that's when we enter a LONG order. When the RSI 7 reaches the oversold area, a purple candle will appear and that's when we enter a SHORT order.
TrendicatorThis is a very simple crossover script that looks at a exponential moving average with a standard length set at 20, which may be redefined by the user. A (Uptrend) buy signal is given once a candle closes above the moving average, coloring the exponential average green, and a sell signal is given once a candle closes below the moving average, coloring the exponential average red.
The goal of this indicator is to provide the user with a rather robust idea of whether the market is trending upwards or downwards, more so than providing definitive buy or sell signals. It works with symbols that do not change drastically in shorter time periods (I only trade XAU/USD). FXOPEN:XAUUSD
Lumber to Gold ratioDISCRIPTION:-
Lumber to gold ratio helps to predict up upcomming market correction as investors are flocking towards safe heaven.
USE CASE SCENARIO:-
If the ratio is above the zero horizontal line it is a risk of scenario
If the ratio plunge below zero it might show imminent market correction.
SWING for GOLD / BITCOIN Hey everyone
I want to share my swing trading system with you.Based on two moving averages coupled to RSI
The options
Shows current trends and entries for trades. Average trade retention 15-20 days
Entries for trades with a crossover of two lines
The percentage of successful test deals XAU/USD for 2010-2021: 69%
T3 Gold Sniper [RickAtw]Gold Sniper based on support and resistance looks for a sniper entry for trades. Used together with EMA
Key signal
Buy ------> Green Line
Sell ------> Red Line
Functional
The system was made for gold and everything is tuned for it.
I am a professional investor and I test each system for how long. If the system makes an income, it gets to my page. Use it for gold, cryptocurrencies and pairs AUD/USD GBP/USD
[RickAtw] T2 Trend Signal GOLDTrend gold signal Ema strategy
The system finds the best entries for a trade. Use in gold, all numbers have been customized for it.
Functional
T2 trend gold is the second version of my trading system. Be sure to check out the first part! This system gives a signal earlier.
Key signals
Buy -----> Blue triangle to buy
Sell -----> Red triangle to sell
Remarks
I personally tested this system on my own trading and it helps me find entries for deals. The main thing is, if consolidation has begun, turn off the system, because the trading range is small at this moment, use oscillators
Thanks to everyone who supports me. Good luck to you friends
Mayfair GoldGold Oscillator using SPX & DXY to measure the moving average cross of the 3.
Gold in Orange
DXY in Green
SPX in Blue
To use this indicator, you need to see the strength (Orange above the 50%) line, use your own configurations and settings for the two MA's as a cross.
The idea is not to enter trades but to know when either SPX or/and DXY is getting stronger or weaker to help with profit-taking of gold positions.
As per any Oscillator - look for patterns, cross-overs and momentum shifts. (Treat like a MACD, RSI or Stochastic).
V2_Major_Trend_FinderThis script is a major trend following script. The calculations use Keltner Channels, moving averages and RSI.
The indicator is simple to follow:
Green Candlesticks indicate more bullish momentum expected
Red Candlesticks indicate more bearish momentum expected
blue dots are possible long ideas due to RSI oversold
Orange dots are possible short ideas due to RSI overbought
olive line is a one year moving average
The script is open for those looking for deeper understanding of the script.
Many Regards
Sulaiman
Williams%R EMA CROSSESWilliams %R , also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market.
In this study, exponential moving averages are used in order to smooth out the false signals produced by Williams %R and to see more accurate signals.
In addition, it is aimed to see the divergences by using the moving averages of The Williams %R.
When the short exponential moving averages of Williams %R is above the longs, it may be a signal to think an uptrend will begin, and the long exponential moving averages of Williams %R is above the shorts, it may be a signal to think a downtrend will begin.
At the same time, a second check can be made for price movement with weighted moving averages.
VIDYA by Mehmet YildizliVIDYA by Mehmet Yildizli - Variable Index Dynamic Average
Our behaviours toward financial markets change every time of any date. On the other hand, we usually tend to analyze averages via constant period-of time. That is, our analyzing way is not consistant with a changing dynamics of financial markets.
Therefore, a new form of Moving Average comes trough into the scene: The Variables Index Dynamic Average-VIDYA.
VIDYA is a moving average that regulates itself according to the volatiliy of prices. When prices go up or fall down rapidly VIDYA approches to prices. When prices move less volatile, VIDYA tracks the prices from a distance.
We start calculating VIDYA with an approch of Exponential Moving Average. However, the difference between VIDYA and EMA(Exponential Moving Average) is the changes of constant coeffient of EMA, according to volatility. When new price comes, each time, the VIDYA calculates a new coefficient used to calculate the average. Then, each time a new price comes, a new period of time is calculated according to volatiliy.
In this moving average indicator, you can set two moving average period at the same time. Additionally, you can set two different step height for two moving averages. These step height coefficients is used to round the moving averages. Therefore, when prices cross up and down continously you can change these step heights in order to prevent unnecessary trades.
XAGUSD Long/Short Signal ~ By: Sarp GokdagAbout the Oscillator :
The Rex Oscillator is a study that measures market behavior based on the relationship of the close to the open, high and low values of the same bar. The theory behind the Rex Oscillator is that a big difference between the high and close on a bar indicates weakness. Conversely, wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance.
The True Value of a Bar (TVB) gives us an indication of how healthy the market is. It is possible to have a negative close and a positive TVB, and vice versa. This indicates that the market is building strength on the opposing side of the trend. The Rex Oscillator is a moving average of the TVB, indicating the inertia of the market. When the Rex Oscillator turns positive in a bearish trend, a reversal is indicated. Likewise, Rex turning negative in a bull market indicates a reversal to the downside.
When the Rex Oscillator turns positive in a bearish trend, a reversal is indicated. Likewise, Rex turning negative in a bull market indicates a reversal to the downside.
The REX Strategy goes long when the REX line of the REX Oscillator crosses above the Signal line and Short when the REX line crosses below the Signal line. The strategy is a reversal strategy through the use of the 'Cover and go Long' and 'Close and go Short' Actions. The REX Oscillator properties of Period' and Signal' can be changed for testing purposes using the available Rex1 'Factor.'
The blue line indicates the difference between the Rex MA and the Signal.
If the blue line crosses above "0", go Long.
If the blue line crosses below "0", go Short.
To achieve best results from this strategy, set your chart range minimum 4hrs, max 1 Day.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
HFT Fibonacci Bands Indicator
Default Settings are meant to be used in XBT/USD chart on 15 min time frame. If you want to use for another asset on another time frame YOU MUST CHANGE THE SETTINGS
This is a Fibonacci bands based trading indicator developed by HFT Research. It is a highly customizable indicator and provided endless opportunities to find profitable trades in the market.
Use Fib BB
This is the main decision maker of the strategy. Tuning the settings of this portion of the strategy will change the outcome the most. We have provided default settings. However, they are only good for 15min chart on Bitcoin. Please adjust accordingly.
Fib BB Length: This setting adjusts the middle line of your Fibonacci Bands. It is the moving average that you take it as base for your Fibonacci bands. Default value is currently 20.
Fib Level to Use for Entry: Here, you adjust which one of the Fibonacci Ratio levels you would like to use for your entry. You can only choose one of the following options.
Fibonacci Ratio 1
This is your Fib ratio level 1 and you can put any number here you would like
Fibonacci Ratio 2
This is your Fib ratio level 2 and you can put any number here you would like
Fibonacci Ratio 3
This is your Fib ratio level 3 and you can put any number here you would like
Please keep in mind that Ratio 1 should be higher than Ratio 2 and Ratio 2 should be higher than Ratio 3.
Use RSI
You can also turn on and off the RSI as well. Alternatively, there is an option to use RSI on a different time frame than you are currently on. For example, if you are looking at the 5min chart to use Bollinger bands but you would like to look at the RSI value on the 15min chart. You can do so by selecting the custom RSI timeframe as well as adjusting the Oversold and Overbought value.
Use CCI
Commodity Channel Index is an indicator developed by Donald Lambert. It is a momentum-based oscillator used to help determine when an investment vehicle is reaching conditions of being overbought or oversold. It also used to asses price trend direction and strength. Default settings are usually the safest and the best fit.
Use VWAP
VWAP stands for volume weighted average price. It is an extremely useful indicator when trading intra-day. It does reset every trading session which is at 00:00 UTC. Instead of looking at x number of candles and providing an average price, it will take into consideration volume that’s traded at a certain price and weigh it accordingly.
Use ADX
ADX stands for average directional index. It is an indicator that measures volatility in the market. Unfortunately, the worst market condition for this strategy is sideways market. ADX becomes a useful tool since it can detect trend. If the volatility is low and there is no real price movement, ADX will pick that up and will not let you get in trades during a sideways market. It will allow you to enter trades only when the market is trending.
Use MA Filters
Lookback: It is an option to look back x number of candles to validate the price crossing. If the market is choppy and the price keeps crossing up and down the moving average you have chosen, it will generate a lot of “noisy” signals. This option allows you to confirm the cross by selecting how many candles the price needs to stay above or below the moving average. Setting it 0 will turn it off.
MA Filter Type: There is a selection of moving averages that is available on TradingView currently. You can choose from 14 different moving average types to detect the trend as accurate as possible.
Filter Length: You can select the length of your moving average. Most commonly used length being 50,100 and 200.
Filter Type: This is our propriety smoothing method in order to make the moving averages lag less and influence the way they are calculated slightly. Type 1 being the normal calculation and type 2 being the secret sauce.
Reverse MA Filter: This option allows you to use the moving average in reverse. For example, the strategy will go long when the price is above the moving average. However, if you use the reserve MA Filter, you will go short when the price is above the moving average. This method works best in sideways market where price usually retraces back to the moving average. So, in an anticipation of price reverting back to the moving average, it is a useful piece of option to use during sideway markets.
If you want to get access to this indicator please DM me or visit our website.
HFT Scalper IndicatorThis strategy is a scalper strategy developed by HFT Research. Scalper is highly customizable and provides endless opportunities to find profitable setups in the market.
Use Bollinger Bands
This piece of the settings will turn and off Bollinger band’s input in the decision making. BB Length will determine the Moving average you are using to take the standard deviation off of which is named as BB Multiplier. Default settings will use 20 moving average and take standard deviation of 2 to create lower and upper bands. Increasing the Multiplier will give you fewer but safer entries.
Use Bollinger Bands %
This setting will allow the user to determine at what Bollinger band width %, he wants to take start looking to take trades. It is known that when prices are stable and moving sideways, Bollinger bands contract and it becomes more reactive to small moves in the market. Using this setting, you can ignore the signals that would be generated while Bollinger bands are contracted. This setting will allow the user to weed out the noise in the market and really allow them to make the most out of Bollinger bands.
Use RSI
You can also turn on and off the RSI as well. Alternatively, there is an option to use RSI on a different time frame than you are currently on. For example, if you are looking at the 5min chart to use Bollinger bands but you would like to look at the RSI value on the 15min chart. You can do so by selecting the custom RSI timeframe as well as adjusting the Oversold and Overbought value.
Use STOCH
For those who want extra protection on their entry can throw STOCH into their decision making. STOCH acts like RSI but it is more prone to small moves. It will help the users to get a better entry if used correctly. Stoch may not be in the buy zone when RSI is at say 35, however, if price dips a little more and STOCH might be in the buy zone when RSI is at say 20. This way it will help you have better entries than just using RSI. In a way, you can use STOCH to scalp RSI.
Use VWAP
VWAP stands for volume weighted average price. It is an extremely useful indicator when trading intra-day. It does reset every trading session which is at 00:00 UTC. Instead of looking at x number of candles and providing an average price, it will take into consideration volume that’s traded at a certain price and weigh it accordingly.
Use ADX
ADX stands for average directional index. It is an indicator that measures volatility in the market. Unfortunately, the worst market condition for this strategy is sideways market. ADX becomes a useful tool since it can detect trend. If the volatility is low and there is no real price movement, ADX will pick that up and will not let you get in trades during a sideways market. It will allow you to enter trades only when the market is trending.
Use MA Filters
Lookback: It is an option to look back x number of candles to validate the price crossing. If the market is choppy and the price keeps crossing up and down the moving average you have chosen, it will generate a lot of “noisy” signals. This option allows you to confirm the cross by selecting how many candles the price needs to stay above or below the moving average. Setting it 0 will turn it off.
MA Filter Type: There is a selection of moving averages that is available on TradingView currently. You can choose from 14 different moving average types to detect the trend as accurate as possible.
Filter Length: You can select the length of your moving average. Most commonly used length being 50,100 and 200.
Filter Type: This is our propriety smoothing method in order to make the moving averages lag less and influence the way they are calculated slightly. Type 1 being the normal calculation and type 2 being the secret sauce.
Reverse MA Filter: This option allows you to use the moving average in reverse. For example, the strategy will go long when the price is above the moving average. However, if you use the reserve MA Filter, you will go short when the price is above the moving average. This method works best in sideways market where price usually retraces back to the moving average. So in an anticipation of price reverting back to the moving average, it is a useful piece of option to use during sideway markets which is the worst market condition for scalper.
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XU030 USD Purchasing Power ~ Sarp GokdagWhere & How-To Use This Indicator?
This indicator is respectively composed for BIST:XU030 .
In matter, the user decides to use this indicator other than BIST:XU030 , the output of the indicator could be shown wrong.
What is it about?
It shows the purchasing power of BIST:XU030 against United States Dollar.
Although BIST:XU030 have tested new high's repeatedly since 2013, BIST:XU030 's returns on USD have been weakening since then.
Kaya4938 3D EMATake your own risk.
This 3D Ema script can be using for the trends and signals. There is 10 EMA period for the showing signals. Script is fiiling gaps between EMAS with changing colors. Also there is an EMA line (10th) for the showing trends. Shifting option is for the shift indicator left or right. You can use it as visual option for your eyes and seeing.
You can change periods and colors for your charts.
Another option you can see 10 EMAs too.
Add indicator your favorites. And go indicators -> Favorites. Then you can add it to your graph.
If you have a question please contact with me.
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