Simple signals example for Risk Management Wrapper
The unique part is that there is a single variable used for both Buy and Sell conditions.
Technically, a variable can have an infinity of values, so why not use that in our favour.
A value of -1 is used for the SELL alert condition , and a value of +1 is used for the BUY alert condition .
The Risk...
This script is for a simple moving average indicator. It is meant as an educational script with well formatted styling, and references for specific functions.
Easy script:
*4 EMAs : 9/45/90/180. You can change it if you want.
*Color change on crossover with close: Gives u an idea of the trend and mobile resistance/supports.
Let me know any suggestion!
Thx, bye.
A great way to measure the power of buyers and sellers is to look at the rate of change of the price. If the price raises very fast, buyers have the upper hand in the market. If the price drops very fast, sellers are stronger. However, things get interesting when prices start to change at a slower rate. When the rate at which price falls goes to zero, sellers are...
A great way to measure the power of buyers and sellers is to look at the rate of change of the price. If the price raises very fast, buyers have the upper hand in the market. If the price drops very fast, sellers are stronger. However, things get interesting when prices start to change at a slower rate. When the rate at which price falls goes to zero, sellers are...
Hey!
I have been working on this script the lasts days, it's a collaboration with an uruguayan mate.
#####IMPORTANT#####
* It has been optimized for 4h charts, use it on other at your own risk.
* Always use Stop Loss, since it might give false signals after a long trend.
* I'm still working on it, I'm going to add candlestick pattern filtering.
Thanks for your...
Plots a Green/Red strip on the price chart to highlight when RSI goes overbought or oversold.
You can optimize it by yourself on the source code, just change "70" or "30" for your desired value.
Cheers!
Hey!
This time I'm going to introduce you to an indicator which catches volume spikes and its respect price change, to give an idea of the following price action.
The logic is pretty simple:
Value > 1 : High Volume that changed a lot the price, next price action will follow that trend.
Value < 1 : Low volume that changed a lot the price, trend is weak.
Value = 1 :...
Hey!
I made a StochasticOscillator with BITFINEX:BTCUSDLONG & BITFINEX:BTCUSDSHOTS
Hope you enjoy it, and remember it's not about the asset's price, but about the asset's interest with these finantial tools.
Since the last BTC Short Squeeze on Bitmex maintenance I decided to made a Indicator plotting Long:Short ratio, and their respective graphs.
Green = Longs
Red = Shorts
Black = Ratio (Longs:Shorts)*Close <= Close price just for chart normalization!
I hope you find it useful.
NOTE: It isn't a prospective indicator, but try to find out who's bitching the market...
Hey!
This time I took the pattern recognizer from a previous script I worked.
It overlays the Arrows on the chart.
Legend:
#Maroon colour: Strong bearish signal
#Red colour: Bearish signal
#Dark Green colour: Strong bullish signal
#Lime: Bullish signal
NOTE: Also, you can untick the patterns you don't find useful, but I kept every pattern to get a complete...
NOTE: Not useful for <15 mins timeframes.
Hey!
I added a CMF to read market control. It gives a bit mire insight than the casual MACD Histogram, since it's formula is also based on volume and not just in price change.
How yo read CMF:
Possitive value = Bulls are in control of the market
Negative value = Bears are in control the market
Impulsive divergence =...
Slow stochastic with ADX exhaustation and sell/entry points as orange/green circles.
This is a script I remade from Marco Valente's "RSI Combo" and Oshri17 "Slow stochastic".
Credits and thanks to them for sharing, I just expanded the diversity ^^
Hope you enjoy phit! ;D
Well, after 25 tries I finally did it ._.
Here is the candlestick normalizer I was trying to achieve. In this way you can do a fast and not biased by price candlestick analysis, for example to catch engulfish and doji's on the go ;)
I also added a MAs crossing-over signal I optimized.
Btw, I will try to add volume signaling on this indicator. I had been...
3 Moving Average Lines. All parameters are configurable via user input.
Each of these moving average lines already exist as individual indicators in TradingView. This script just bundles them for one stop shopping. It's helpful if you're limited by the number of indicators per chart. And highly educational: quickly compare the different averaging methods!
sma:...
Example how to select and set date range window to be backtested. Normally when you change chart period it changes the number of days being backtested which means as you increas the chart period (for example from 5min to 15min) you also increase the number of days traded, so you can not compare apples to apples for which period would yield best returns for your...
![EURUSD: [Tutorial][RS]Working with orders](https://s3.tradingview.com/t/TQVitTEQ_mid.png "[Tutorial][RS]Working with orders")
