Harmonic Patterns ScannerHello Traders!
The Harmonic Patterns Scanner takes the time-consuming search for harmonic patterns completely off your hands. This indicator utilizes a unique swing-based pattern recognition to pinpoint 14 different bullish and bearish harmonic patterns in real-time with unparalleled precision.
The Harmonic Patterns Scanner is designed to operate in a fully automated manner, detecting harmonic patterns in real-time across the symbol and timeframe that you select. It grants you the ability to simultaneously scan for patterns across as many as 20 distinct symbols.
Pattern List (each pattern has a bullish and a bearish version)
Gartley
Bat
Butterfly
Crab
Cypher
Shark
5-0
Feature List
Automatic real-time pattern detection
7 different built-in breakout conditions
Breakout alerts
Customizable pattern size and accuracy
Customizable look and feel
The value of this indicator is to support traders to easily identify harmonic patterns. The trader saves a lot of time scanning the markets for harmonic patterns, since finding the pattern and alerting for a breakout is done automatically for the trader.
For a visualization of the detected patterns, you can add the TRN Harmonic Patterns Suite indicator to your chart.
How does TRN Harmonics Scanner work?
On the right side of the chart, you can find a table displaying the symbols monitored by our scanner for pattern and breakout detection. The table is divided into bullish and bearish patterns and provides information on the status of each symbol.
UP – Upside Breakout
DN – Downside Breakout
UP CONF – Upside Breakout confirmed
DN CONF – Downside Breakout confirmed
FAILED – Pattern failed to get confirmed
If a pattern is in the making or already got confirmed, the scanner displays the name of the harmonic pattern in the table.
The scanner operates specifically on the timeframe you have selected in TradingView, ensuring that the detected patterns and breakouts align precisely with your trading perspective. If the scanner displays a pattern or a breakout, you just can switch to this instrument and start trading it if you like what you see.
Follow these instructions to discover how you can utilize the scanner for seamless and simplified chart pattern detection like never before:
Add Symbols
Go to indicator settings and scroll down to the "Symbols" section. The enabled symbols can be recognized by the check marks. Click on one of them and use the search function to add the symbol of your choice to the scanner. You can search for up to 20 different symbols at the same time.
Use Alerts (Optional but Recommended)
You can also use the built-in alerts to easily get notified when a pattern occurs. In the indicator settings in the "Alerts" section you can choose whether you want to get notified when a pattern is
1. in the making (Pattern active),
2. confirms an up breakout (B/O Up Confirmed)
3. confirms a down breakout (B/O Down Confirmed)
4. (Unconfirmed) in case a pattern breakout occurs, even if the pattern is not yet confirmed
This allows you to stay informed about potential breakout opportunities.
Customization and settings
The indicator can scan for smaller and larger patterns. Adjust the harmonics size in the indicator settings to align them with your preferences. A larger size results in larger patterns. Depending on the asset class, the market or the market phase, different sizes can be used for pattern detection.
To detect more patterns, increase the tolerance level, even though it may result in lower accuracy. However, be mindful that a higher tolerance level may result in more patterns hitting their stop-loss.
Breakout Conditions
Identifying breakout conditions is paramount for successfully profiting on chart patterns. Trading tools equipped with diverse breakout conditions offer traders a comprehensive approach to deciphering market trends and making informed decisions.
This section delves into the set of breakout conditions built within the Harmonic Pattern Scanner, exploring their functionalities, applications, and the benefits they provide in the realm of chart pattern recognition.
TRN Bars Signal + Trend
The Harmonic Pattern Scanner includes also the TRN Bars algorithm. It is designed to spot bullish and bearish trends and reversals. The trend analysis is based on a new algorithm that weights several different inputs:
1. classical and advanced bar patterns and their statistical frequency
2. probability distributions of price expansions after certain bar patterns
3. bar information such as wick length in %, overlapping of the previous bar in % and many more
4. historical trend and consolidation analysis
If you use this breakout condition, the breakout is determined by the next signal (reversal, continuation, breakout) or trend change of the TRN bars after one of the harmonic patterns has been completed. These Breakout conditions give you the accurate trend recognition of the TRN Bars to find the perfect entry.
TRN Bars Signal
If a harmonic pattern gets completed and you use this breakout condition, the breakout will be determined by the next confirmed signal (reversal, continuation, breakout) of the TRN Bars. These Breakout Condition delivers signals with reenforced reliability, but they occur not as often as other breakout conditions.
RSI Crossing
With this breakout condition, a breakout for a long position gets determined, when the RSI line crosses above the RSI moving average (MA) after one of the harmonic patterns has been completed. A bearish breakout after a completed harmonic pattern gets determined, when the RSI line crosses below the RSI MA.
You can choose your preferred RSI and MA length in the indicator settings under the “Trade Management” section.
MACD Crossing
If a harmonic pattern gets completed and you use this breakout condition, the breakout gets determined, when the MACD line crosses above the signal line (bullish MACD crossover) for a bullish breakout. Conversely, when the MACD line crosses below the signal line (bearish MACD crossover), a bearish breakout gets determined after a harmonic pattern was completed.
You can choose your preferred MACD length in the indicator settings under the “Trade Management” section.
Swing Flip
Use this breakout condition, if you want a breakout to get determined when the next swing after point D gets detected by the build in swing detection algorithm of TRN Harmonics.
Close Below/Above Last 2 Lows/Highs
With this breakout condition, a breakout for a short position gets determined, if a close below the lows of the last 2 bars gets detected. For a long position, the breakout gets determined if a close above the highs of the last 2 bars gets detected.
Close Below/Above Last 3 Lows/Highs
In this scenario, a short position breakout is confirmed if the price closes below the lows of the previous 3 bars. Conversely, a long position breakout is confirmed if the price closes above the highs of the last 3 bars.
How To Setup Breakout Conditions
Go to indicator settings and choose one of our built-in breakout conditions under the section "Trade Management" of the menu item "Inputs", like for example TRN Bars Signal + Trend. A selection of 7 distinct breakout conditions is at your disposal.
Computation Details
The real-time detection of the harmonic patterns utilizes a unique swing-based pattern recognition. The difference to other swing-based computations is that the pivot points are identified without a look-ahead value. The result is a faster and better real-time detection. The tolerance level unites several internal parameters into one and results in a user-friendly setting.
Risk Disclaimer
The content, tools, scripts, articles, and educational resources offered by TRN Trading are intended solely for informational and educational purposes. Remember, past performance does not ensure future outcomes.
Scanner
Divergence Scaner 3D Dynamic_tHello MY friend
divergence scanner 3D dynamic
It is a dynamic 3D scanner for identifying positive and negative divergences in 10 indicators.
This indicator can identify the types of Regular_Hidden_Exaggerated divergences for bullish and bearish states in the following indicators.
(MACD_L, MACD_H, RSI, Stochastic, Volume, CCI, MFI, Momentum, OBV, ADX)
This indicator is able to identify the mentioned divergences in the desired price source and in the desired settings for each indicator.
This can be done in up to 3 scans with different sensitivities at the same time. Therefore, the chances of identifying different price points are increased.
Also, the price point for each scan is determined and drawn separately.
This is a dynamic indicator.
That is, the divergence is not misdiagnosed at any moment, and it expresses the presence or absence of divergence for each indicator, and at the first moment of divergence in each sweep, it informs the user of its existence. And if the divergence disappears at the first instant, the label text is corrected.
That is why we say it is dynamic.
This indicator can calculate and identify the divergence with the percentage of allowed deviation both in the price and in the indicator if the user needs.
This indicator has an alert function to inform about the formation of divergence in one scan with desired settings for all divergence modes and for all 10 indicators.
This indicator can label the last 5 divergences for positive and negative divergences and for all three scans. Also display the Fibonacci level for the last divergence.
According to your needs, you can activate only a number of scans that you want or activate only a number of indicators that you want.
The logic of calculation and identification of divergence in the indicator:
As you know, divergences are more valid if they occur between two consecutive peaks and valleys.
In this indicator, three scans are considered, and the user can identify tiny and small pivots according to his needs and strategy by entering different degrees of sensitivity for each scan.
The indicator identifies the desired divergences for 2 consecutive valleys and 2 consecutive peaks in each scan separately and displays them to the user.
Important note:
This indicator is not limited to identifying the indicator points only in line with the price points, that is, the price points and the indicator may not be in the same line.
The higher the sensitivity of your scan, the smaller waves will be detected, and the lower the selection number, the larger waves will be detected.
By enabling pints you can see detected pivots and also by enabling Fibonacci you can see the value of the Fibonacci number for the last detected divergence.
You can see the deviations with the allowed deviation rate if needed and You can also get midpoint error and midline error.(More details are given in the clip.)
This indicator can be customized according to your needs and will identify the divergences of your choice for active scans.
For better display in label printing, the indicator tries to print the output of all active scans in one label, provided that the label printing location is the same.
Note that divergence label printing is done only with the lowest and highest price.
However, drawing the divergence line and printing the point labels depends on the price source you select in each scan.
You can see the scan number written in front of the marker name on the printed label to identify which scan this divergence is for.
Also, before the name of the indicator, an abbreviation related to the type of divergence is also written so that you can understand the type of divergence. For example, H stands for HD divergence.
It is better to consider a color for each scan so that it remains easily in your mind and you can easily recognize the points of each scan.
It is better to adjust the detection sensitivity in scans so that small and large spots are detected simultaneously to increase the performance of the marker.
last word :
Due to the capability of three simultaneous scans as well as dynamics at any moment, we think that the error in detecting the divergence in this indicator is below 1% and also the error in finding the divergence is below 3%. Also, the chances of identifying different price points are increased.
This can be said. It is a very good implementation. You can experience it in back test and forward test.
I tried to show you the full explanation with details in the form of a few clips. You can refer to my YouTube channel for a better introduction of the indicator and to know how to set the settings correctly.
Be careful to experience better execution speed ,Run the indicator when the market is open.
thank you
ATH Distance HeatmapThe "ATH Distance Heatmap" is a powerful visualization tool designed for traders and investors who seek to quickly assess the relative performance of assets against their All-Time Highs (ATH). By mapping the percentage distance of current prices from their historical peaks, this script provides a unique perspective on market sentiment, potential recovery opportunities, and overvaluation risks.
Key Features:
Visual Clarity: Utilize a color-coded heatmap to instantly recognize which assets are near or far from their ATHs. Colors transition smoothly from cool to warm tones, indicating smaller to larger distances respectively.
Real-Time Updates: The script updates dynamically with live market data, ensuring you have the most current information at your fingertips.
Versatile Application: Whether you're tracking stocks, cryptocurrencies, commodities, or indices, the "ATH Distance Heatmap" adapts to a wide array of assets, making it a versatile tool for your trading arsenal.
Insightful Analysis: Beyond mere visualization, this tool can help identify potential buying opportunities in assets that are significantly below their ATHs, or highlight caution for those nearing their peaks.
How to Use:
Configure Your Assets: Start by selecting the assets you wish to track. The script can be customized to monitor a broad market range or a specific segment.
Interpret the Colors: Use the color gradient to gauge the distance of each asset from its ATH. Cooler colors indicate assets closer to their ATH, while warmer colors highlight those further away.
Ideal for:
Traders looking for a quick visual guide to market trends and asset performance.
Investors aiming to capitalize on recovery opportunities or to evaluate entry and exit points.
Market analysts interested in a concise overview of asset health relative to historical performance.
LuxAlgo® - Screener (OSC)The LuxAlgo® - Screener (OSC) is a complete tool allowing users to check returned information from the Oscillator Matrix™ toolkit's features for various user selected tickers and timeframes.
Users can customize the returned information by the screener, as well as filtering out displayed tickers based on custom user set rules.
🔶 FEATURES
Users can place the location of the screener everywhere they want, multiple locations are supported, you can even have it on your chart by drag and dropping the screener to your chart, allowing you to analyze them alongside your favorite indicators.
Keeping track of various tickers is crucial to have a deeper understanding of the overall market activity.
Our screener let you quickly access your preferred information in a convenient way thanks to the described features below:
Screening of the main Oscillator Matrix™ features on up to 10 user selected tickers and timeframes.
Ticker filtering based on custom user set rules.
Ticker sorting based on ascending/descending user selected data returned by the screener.
The LuxAlgo® - Screener (OSC) returns the following information:
Current price
Current volume
Current price percent change (% CHG)
Current price change (CHG)
Current rating
Most recent HyperWave signal
Current Money Flow value
Current Overflow value
Current HyperWave value
Most recent reversal signal
Most recent divergence
Current Confluence status
🔹 Rating
Users can quickly check the overall sentiment based on the screeners returned information by looking at the Rating column. Tickers can be rated as follows:
▲ Strong Bullish (more than 80% of the returned information is bullish)
△ Bullish (60% to 80% of the returned information is bullish)
― Neutral (40% to 60% of the returned information is bullish)
▽ Bearish (20% to 60% of the returned information is bullish)
▼ Strong Bearish (less than 20% of the returned information is bullish)
This can be a quick way to asses the confluence between all the returned information on the screener for a specific ticker.
🔹 Filtering
Thanks to the integrated filtering capabilities of the LuxAlgo® - Screener (OSC) you will be able to keep track of the information from tickers that return specific information you want to see.
For example do you want to only see the information from tickers with bullish money flow?
Nothing easier, all you need is to select the "Above" option in the Money Flow dropdown menu and set the value 50 in the input to the right.
However, you don't have to stop at 1 filtering condition, create more complex ones that fits your trading style for the tickers you truly want to look at!
🔹 Sorting
As traders we want to quickly spot the tickers with most volume, most volatility, with the strongest uptrend or downtrend.
The LuxAlgo® - Screener (OSC) lets you do that by sorting supported information in an ascending or descending order, letting you access the most relevant information faster.
LuxAlgo® - Screener (PAC)The LuxAlgo® - Screener (PAC) is a complete tool allowing users to check returned information from the Price Action Concepts™ toolkit's features for various user selected tickers and timeframes.
Users can customize the returned information by the screener, as well as filtering out displayed tickers based on custom user set rules.
🔶 FEATURES
Users can place the location of the screener everywhere they want, multiple locations are supported, you can even have it on your chart by drag and dropping the screener to your chart, allowing you to analyze them alongside your favorite indicators.
Keeping track of various tickers is crucial to have a deeper understanding of the overall market activity.
Our screener let you quickly access your preferred information in a convenient way thanks to the described features below:
Screening of the main Price Action Concepts™ features on up to 10 user selected tickers and timeframes.
Ticker filtering based on custom user set rules.
Ticker sorting based on ascending/descending user selected data returned by the screener.
The LuxAlgo® - Screener (PAC) returns the following information:
Current price
Current volume
Current price percent change (% CHG)
Current price change (CHG)
Current rating
Most recent market structure
Most recent Order Block type and relative position to price
Order Block buy volume
Order Block sell volume
Order Block total volume
Most recent user set imbalance type status. Options include screening for FVG, Inverse FVG, Double FVG, Volume Imbalance and Opening Gap
Price position relative to Premium/Discount zones
Most recent liquidity grab
Most recent equal high/low
🔹 Rating
Users can quickly check the overall sentiment based on the screeners returned information by looking at the Rating column. Tickers can be rated as follows:
▲ Strong Bullish (more than 80% of the returned information is bullish)
△ Bullish (60% to 80% of the returned information is bullish)
― Neutral (40% to 60% of the returned information is bullish)
▽ Bearish (20% to 60% of the returned information is bullish)
▼ Strong Bearish (less than 20% of the returned information is bullish)
This can be a quick way to asses the confluence between all the returned information on the screener for a specific ticker.
🔹 Filtering
Thanks to the integrated filtering capabilities of the LuxAlgo® - Screener (PAC) you will be able to keep track of the information from tickers that return specific information you want to see.
For example do you want to only see the information from up trending tickers? Nothing easier, all you need is to select the up trending related options (▲ Strong Bullish or △ Bullish) in the rating dropdown menu.
However, you don't have to stop at 1 filtering condition, create more complex ones that fits your trading style for the tickers you truly want to look at!
🔹 Sorting
As traders we want to quickly spot the tickers with most volume, most volatility, with the strongest uptrend or downtrend.
The LuxAlgo® - Screener (PAC) lets you do that by sorting supported information in an ascending or descending order, letting you access the most relevant information faster.
LuxAlgo® - Screener (S&O)The LuxAlgo® - Screener (S&O) is a complete tool allowing users to check returned information from Signals & Overlays™ features for various user selected tickers and timeframes.
Users can customize the returned information by the screener, as well as filtering out displayed tickers based on custom user set rules.
🔶 FEATURES
Users can place the location of the screener everywhere they want, multiple locations are supported, you can even have it on your chart by drag and dropping the screener to your chart, allowing you to analyze them alongside your favorite indicators.
Keeping track of various tickers is crucial to have a deeper understanding of the overall market activity.
Our screener let you quickly access your preferred information in a convenient way thanks to the described features below:
Screening of the main Signals & Overlays™ features on up to 10 user selected tickers and timeframes.
Ticker filtering based on custom user set rules.
Ticker sorting based on ascending/descending user selected data returned by the screener.
The LuxAlgo® - Screener (S&O) returns the following information:
Current price
Current volume
Current price percent change (% CHG)
Current price change (CHG)
Current rating
Most recent signal
Number of Exits since most recent signals
Current Smart Trail status
Current Reversal Zones status
Current Trend Catcher status
Current Trend Tracer status
Current Neo Cloud status
Current Trend Strength value
Current Lux Volatility value
Current Squeeze Index value
Current Volume Sentiment value
🔹 Rating
Users can quickly check the overall sentiment based on the screeners returned information by looking at the Rating column. Tickers can be rated as follows:
▲ Strong Bullish (more than 80% of the returned information is bullish)
△ Bullish (60% to 80% of the returned information is bullish)
― Neutral (40% to 60% of the returned information is bullish)
▽ Bearish (20% to 60% of the returned information is bullish)
▼ Strong Bearish (less than 20% of the returned information is bullish)
This can be a quick way to asses the confluence between all the returned information on the screener for a specific ticker.
🔹 Filtering
Thanks to the integrated filtering capabilities of the LuxAlgo® - Screener (S&O) you will be able to keep track of the information from tickers that return specific information you want to see.
For example do you want to only see the information from up trending tickers? Nothing easier, all you need is to select the up trending related options (▲ Strong Bullish or △ Bullish) in the rating dropdown menu.
However you don't have to stop at 1 filtering condition, create more complex ones that fits your trading style for the tickers you truly want to look at!
🔹 Sorting
As traders we want to quickly spot the tickers with most volume, most volatility, with the strongest uptrend or downtrend.
The LuxAlgo® - Screener (S&O) lets you do that by sorting supported information in an ascending or descending order, letting you access the most relevant information faster.
Relative Strength Scatter Plot [LuxAlgo]The Relative Strength Scatter Plot indicator is a tool that shows the historical performance of various user-selected securities against a selected benchmark.
This tool is inspired by Relative Rotation Graphs®. Relative Rotation Graphs® is a registered trademark of JOOS Holdings B.V. This script is neither endorsed, nor sponsored, nor affiliated with them.
🔶 USAGE
This tool depicts a simple scatter plot using the relative strength ratio as the X-axis and its momentum as the Y-axis of the user-selected symbols against the selected benchmark.
The graph is divided into four quadrants, and the interpretation of the graph is done depending on where a point is situated on the graph:
A point in the green quadrant would indicate that the security is leading the benchmark in strength, with positive strength momentum.
A point in the yellow quadrant would indicate that the security is leading the benchmark in strength, with negative strength momentum.
A point in the blue quadrant would indicate that the security is lagging behind the benchmark in strength, with positive strength momentum.
A point in the red quadrant would indicate that the security is lagging behind the benchmark in strength, with negative strength momentum.
The trail of each symbol allows the user to see the evolution of the relative strength momentum relative to the relative strength ratio. The length of the trail can be controlled by the "Trail Length" setting.
🔶 DETAILS
Our relative strength ratio estimate is first obtained from the relative strength between the symbol of interest and the benchmark, the result is then smoothed using a linearly weighted moving average (wma). This result is then normalized with a wma of the smoothed relative strength, this ratio is again smoothed with the wma and multiplied by 100.
The relative strength momentum estimate is obtained from the ratio between the previously estimated RS-Ratio and its wma, this ratio is then multiplied by 100.
🔶 SETTINGS
Calculation Window: Calculation window of the RS-Ratio and RS-Momentum metrics.
Symbols: Symbols used for the computation of the graph, each settings line allows us to determine whether the symbol is to be displayed on the graph as well as its color.
Benchmark: Benchmark symbol used for the computation of the graph. Indices are commonly used as a benchmark.
🔹 Graph Settings
Trail Length: Number of past data points to display on the graph for each symbol.
Resolution: Controls the horizontal length of the graph.
RSI_CMO_ScannerHave you ever wanted to scan across many tickers and monitor an indicator across time for these selected tickers?
Have you ever wanted to monitor the Mag7 and SPY simultaneously and watch a divergence take place real time across all selected tickers?
With this indicator, you can now view 100 tickers (in batches of 10) for either Stocks, Crypto or Forex, with a HeatMap visualisation for the selected timeframe.
This particular indicator utilises the RSI or the CMO to provide this view, where colors change from deep red (low values) to dark green (high values) and provide the HeatMap sense of how this metric changes across time.
The values within the labels can be switched on and off from the Settings, depending on the user's preference.
Additionally, the tickers can be selected through the Settings from the Stocks, Crypto or Forex groups
The originality and usefulness of this indicator is that it provides a simultaneous view across batches of 10 tickers for a lookback of values in the given timeframe. Also, the view is served as a heatmap, for a visual understanding of the fluctuation over time.
The same logic can be applied to a variety of indicators, besides the RSI and the CMO.
CCOMET_Scanner_LibraryLibrary "CCOMET_Scanner_Library"
- A Trader's Edge (ATE)_Library was created to assist in constructing CCOMET Scanners
Loc_tIDs_Col(_string, _firstLocation)
TickerIDs: You must form this single tickerID input string exactly as described in the scripts info panel (little gray 'i' that
is circled at the end of the settings in the settings/input panel that you can hover your cursor over this 'i' to read the
details of that particular input). IF the string is formed correctly then it will break up this single string parameter into
a total of 40 separate strings which will be all of the tickerIDs that the script is using in your CCOMET Scanner.
Locations: This function is used when there's a desire to print an assets ALERT LABELS. A set Location on the scale is assigned to each asset.
This is created so that if a lot of alerts are triggered, they will stay relatively visible and not overlap each other.
If you set your '_firstLocation' parameter as 1, since there are a max of 40 assets that can be scanned, the 1st asset's location
is assigned the value in the '_firstLocation' parameter, the 2nd asset's location is the (1st asset's location+1)...and so on.
Parameters:
_string (simple string) : (string)
A maximum of 40 Tickers (ALL joined as 1 string for the input parameter) that is formulated EXACTLY as described
within the tooltips of the TickerID inputs in my CCOMET Scanner scripts:
assets = input.text_area(tIDset1, title="TickerID (MUST READ TOOLTIP)", tooltip="Accepts 40 TICKERID's for each
copy of the script on the chart. TEXT FORMATTING RULES FOR TICKERID'S:
(1) To exclude the EXCHANGE NAME in the Labels, de-select the next input option.
(2) MUST have a space (' ') AFTER each TickerID.
(3) Capitalization in the Labels will match cap of these TickerID's.
(4) If your asset has a BaseCurrency & QuoteCurrency (ie. ADAUSDT ) BUT you ONLY want Labels
to show BaseCurrency(ie.'ADA'), include a FORWARD SLASH ('/') between the Base & Quote (ie.'ADA/USDT')", display=display.none)
_firstLocation (simple int) : (simple int)
Optional (starts at 1 if no parameter added).
Location that you want the first asset to print its label if is triggered to do so.
ie. loc2=loc1+1, loc3=loc2+1, etc.
Returns: Returns 40 output variables in the tuple (ie. between the ' ') with the TickerIDs, 40 variables for the locations for alert labels, and 40 Colors for labels/plots
TickeridForLabelsAndSecurity(_ticker, _includeExchange)
This function accepts the TickerID Name as its parameter and produces a single string that will be used in all of your labels.
Parameters:
_ticker (simple string) : (string)
For this parameter, input the varible named '_coin' from your 'f_main()' function for this parameter. It is the raw
Ticker ID name that will be processed.
_includeExchange (simple bool) : (bool)
Optional (if parameter not included in function it defaults to false ).
Used to determine if the Exchange name will be included in all labels/triggers/alerts.
Returns: ( )
Returns 2 output variables:
1st ('_securityTickerid') is to be used in the 'request.security()' function as this string will contain everything
TV needs to pull the correct assets data.
2nd ('lblTicker') is to be used in all of the labels in your CCOMET Scanner as it will only contain what you want your labels
to show as determined by how the tickerID is formulated in the CCOMET Scanner's input.
InvalID_LblSz(_barCnt, _close, _securityTickerid, _invalidArray, _tablePosition, _stackVertical, _lblSzRfrnce)
INVALID TICKERIDs: This is to add a table in the middle right of your chart that prints all the TickerID's that were either not formulated
correctly in the '_source' input or that is not a valid symbol and should be changed.
LABEL SIZES: This function sizes your Alert Trigger Labels according to the amount of Printed Bars the chart has printed within
a set time period, while also keeping in mind the smallest relative reference size you input in the 'lblSzRfrnceInput'
parameter of this function. A HIGHER % of Printed Bars(aka...more trades occurring for that asset on the exchange),
the LARGER the Name Label will print, potentially showing you the better opportunities on the exchange to avoid
exchange manipulation liquidations.
*** SHOULD NOT be used as size of labels that are your asset Name Labels next to each asset's Line Plot...
if your CCOMET Scanner includes these as you want these to be the same size for every asset so the larger ones dont cover the
smaller ones if the plots are all close to each other ***
Parameters:
_barCnt (float) : (float)
Get the 1st variable('barCnt') from the Security function's tuple and input it as this functions 1st input
parameter which will directly affect the size of the 2nd output variable ('alertTrigLabel') that is also outputted by this function.
_close (float) : (float)
Put your 'close' variable named '_close' from the security function here.
_securityTickerid (string) : (string)
Throughout the entire charts updates, if a '_close' value is never registered then the logic counts the asset as INVALID.
This will be the 1st TickerID variable (named _securityTickerid) outputted from the tuple of the TickeridForLabels()
function above this one.
_invalidArray (array) : (array string)
Input the array from the original script that houses all of the invalidArray strings.
_tablePosition (simple string) : (string)
Optional (if parameter not included, it defaults to position.middle_right). Location on the chart you want the table printed.
Possible strings include: position.top_center, position.top_left, position.top_right, position.middle_center,
position.middle_left, position.middle_right, position.bottom_center, position.bottom_left, position.bottom_right.
_stackVertical (simple bool) : (bool)
Optional (if parameter not included, it defaults to true). All of the assets that are counted as INVALID will be
created in a list. If you want this list to be prited as a column then input 'true' here, otherwise they will all be in a row.
_lblSzRfrnce (string) : (string)
Optional (if parameter not included, it defaults to size.small). This will be the size of the variable outputted
by this function named 'assetNameLabel' BUT also affects the size of the output variable 'alertTrigLabel' as it uses this parameter's size
as the smallest size for 'alertTrigLabel' then uses the '_barCnt' parameter to determine the next sizes up depending on the "_barCnt" value.
Returns: ( )
Returns 2 variables:
1st output variable ('AssetNameLabel') is assigned to the size of the 'lblSzRfrnceInput' parameter.
2nd output variable('alertTrigLabel') can be of variying sizes depending on the 'barCnt' parameter...BUT the smallest
size possible for the 2nd output variable ('alertTrigLabel') will be the size set in the 'lblSzRfrnceInput' parameter.
PrintedBarCount(_time, _barCntLength, _barCntPercentMin)
The Printed BarCount Filter looks back a User Defined amount of minutes and calculates the % of bars that have printed
out of the TOTAL amount of bars that COULD HAVE been printed within the same amount of time.
Parameters:
_time (int) : (int)
The time associated with the chart of the particular asset that is being screened at that point.
_barCntLength (int) : (int)
The amount of time (IN MINUTES) that you want the logic to look back at to calculate the % of bars that have actually
printed in the span of time you input into this parameter.
_barCntPercentMin (int) : (int)
The minimum % of Printed Bars of the asset being screened has to be GREATER than the value set in this parameter
for the output variable 'bc_gtg' to be true.
Returns: ( )
Returns 2 outputs:
1st is the % of Printed Bars that have printed within the within the span of time you input in the '_barCntLength' parameter.
2nd is true/false according to if the Printed BarCount % is above the threshold that you input into the '_barCntPercentMin' parameter.
OKX Signal BOT - Strategy Scanner & Orderer
Hello traders,
With the OKX Signal BOT - Strategy Scanner & Orderer, you can now design your own strategy, scan over 20 cryptocurrencies, and send orders for futures trades on the OKX exchange.
How to Use:
🌐 First, log into your account on the OKX exchange and create a signal bot.
📝 While creating the signal bot, note down the webhook URL and signal token variables given to you; they'll be needed later.
🔍 Select the trading pairs that the bot will work on.
📈 Add this indicator to your chart.
⚙️ Adjust the values of the indicators you will use in your strategy.
📊 Set your entry conditions and indicator setups according to your preference.
🚀 Decide which condition will generate a LONG signal and which will generate a SHORT signal.
🔗 Then, link these conditions with either an AND or OR connector.
🛠️ This also serves as a strategy designer.
🆔 Paste the signal token value you got from OKX into the OKX Signal ID section in the indicator.
➕ Add the cryptocurrency pairs you added to the bot on OKX to this design tool as well.
💾 Save and exit.
🚨 Set an alarm and paste the webhook URL link you got from OKX.
Congratulations, you can now send signals from Tradingview to the OKX exchange without needing any other platform.
Warnings:
⚠️ Works only for futures trades.
📈 Make your leverage settings through the exchange.
🛑 It is recommended to set take profit and stop loss through the exchange.
🚫 If too many alarms are triggered, Tradingview may stop your alarms.
💡 Ensure that the coins you add in the symbol section are from the OKX exchange.
🔍 For futures trades, make sure the symbols end with ".P".
🎉 Enjoy using it!
Dinapoli Thrust Scanner Multi MarketThis is the Multi-Market version of the Dinapoli Thrust Scanner. This indicator is able to scan up to 12 markets in 3 time frames simultaneously.
This tool is an aid to the trader and shouldn't be used in automated trading. As any Dinapoli trader would know, the Thrust pattern recognition requires visual approval from the trader.
The Thrust Scanner can display the following information onscreen:
A Multi-Timeframe Table that colors to indicate Recent/Current Thrusts. Green color signals a potential Up Thrusts, whilst red color signals a potential Down Thrust.
The DMA crosses get signaled with custom colors.
The Thrust Scanner has a Sensitivity Control which allows the trader to customize the accuracy of the scanner:
The stricter the setting, the lesser the number of potential Thrust that qualify, and therefore the more accurate the Thrust detection.
The looser the setting, the more number of potential Thrust being detected, but also the more Look Alikes (LaL) or false positives there will be.
Note: The scanner is resource hungry, and sometimes it might need some seconds to fully display the data.
Crypto Daily WatchList And Screener [M]
Hi, this is a watchlist and screener indicator designed for traders in the field of cryptocurrencies who want to monitor developments in other currency pairs and indices.
The indicator consists of two tables. One of them is the table containing indices such as BTC dominance, total, total2, which allows you to track market developments and changes. In this table, you will find price information, daily change, stochastic, and trend information.
The other table includes cryptocurrencies like BTC/USDT, ETH/USDT, DOT/USDT, and more. In this table, you will see real-time prices, daily volume, daily change, stochastic, the correlation coefficient between the pair and Bitcoin, and the trend value calculated based on MACD.
The "Customize" section in the settings enables you to personalize the appearance of the tables according to your preferences.
Forex & Stock Daily WatchList And Screener [M]Hi, this is a watchlist and screener indicator for Forex and Stocks.
This indicator is designed for traders who trade in the forex markets and monitor developments in indices and other currency pairs.
It includes information on 14 indices such as the volatility index, Baltic dry index, etc. You can customize the indices as you wish. The indices table contains the index's price (or points), daily change, stochastic value, and trend direction.
The second table is designed for trading forex and stock currency pairs.
In this table, you will find information such as price, volume, change, stochastic, RSI, trend direction, and MACD result for all traded pairs. You can customize all the currency pairs in this table as you wish, and you can also tailor the oscillator settings to your preferences.
In the settings section, you can use checkboxes to hide the pairs in both tables.
The "Customize" section in the settings allows you to personalize the table appearances according to your preferences.
Premium Dashboard [TFO]The purpose of this indicator is to serve as a scanner/dashboard for several symbols across multiple timeframes. At the time of release, the scanner looks for the following criteria on all selected timeframes:
- Whether price is in a Fair Value Gap (FVG)
- Whether price is in an Order Block (OB)
- Current Market Structure
- Nearest Liquidity Pivots
- Proximity to said Liquidity Pivots
For FVGs, the user selects a Displacement Strength to validate FVGs from the selected timeframes; larger values require greater displacement. The table will indicate whether price is presently trading in a valid bullish FVG, bearish FVG, or none.
With OBs, the user selects a similar Displacement Strength to validate OBs from the selected timeframes. Again, larger values require greater displacement to validate an OB. The table will indicate whether price is presently trading in a bullish OB, bearish OB, or none.
For Market Structure, the table will indicate whether the current structure is bullish or bearish on each respective timeframe. A pivot strength parameter is used to determine which swing highs and swing lows warrant valid Market Structure Shifts (reversals) or Breaks of Structure (continuations).
The Liquidity section of the dashboard displays the nearest Buyside and Sellside Liquidity (major highs and lows) from each respective timeframe. A similar pivot strength parameter is used to determine how "strong" the highs and lows must be in order to be considered valid.
The Premium / Discount section offers an alternative view of the nearest Liquidity Pivots, where it will instead display a percent value to describe how close price is to Buyside or Sellside Liquidity. Values approaching 100% imply price is trading close to the nearest Buyside Liquidity, while values approaching 0% imply price is trading close to Sellside Liquidity.
Users can also choose to show any of the above features on their current chart: FVGs, OBs, cumulative Market Structure, and Liquidity, all from the various selected timeframes.
Strategy - Relative Volume GainersStrategy - Relative Volume Gainers
Overview:
This trading strategy, called "Relative Volume Gainers," is designed for Long Entry opportunities in the stock market. The strategy aims to identify potential trading candidates based on specific technical conditions, including volume, price movements, and indicator alignments.
Strategy Rules:
The strategy is focused solely on Long Entry positions.
The volume for the current trading day must be greater than or equal to the volume of the previous day.
The percentage change in price must be greater than or equal to 2.5%.
The Last Traded Price (LTP) must be greater than or equal to the Exponential Moving Average (EMA) 200.
The Relative Volume for the current trading day (calculated over the last 30 days) must be greater than or equal to the Simple Moving Average (SMA) of Relative Volume over the same 30 days.
The current candle on the chart should be Green or Bullish, indicating positive price movement.
The price difference between bid and ask prices should be kept to a minimum.
It's recommended to also analyze market depth for better insights.
Strategy Requirements:
Add the Exponential Moving Average (EMA) 200 to your trading chart.
This strategy can be applied on charts of any timeframe.
For intraday trading, particularly for early entry, consider using a 1-minute timeframe.
It is advisable to create a screener to identify potential trades in real-time market conditions.
Risk Warning:
Stocks that meet the strategy criteria might exhibit high volatility and a high beta, making them inherently risky to trade. Exercise caution and adhere to predetermined risk management strategies.
Determine your trading quantity based on your entry price and stop loss in order to manage risk effectively.
Quantity Calculation Formula:
Quantity calculation is crucial to manage risk and position sizing. The following formulas can be used based on your trading scenario:
Quantity with Leverage:
Quantity = (((Using Capital / 100) * Risk Percent) / (Entry Price - Stop Loss)) * Leverage
Eg: Quantity = (((10000 / 100) * 0.2) / (405.5 - 398.5)) * 5
Quantity = 14
Risk = Rs.100 (Rs.100 is 1% of Rs.10000. So the risk is 1%, means we lose only Rs.100 when the SL is hit. If SL is increased the Quantity will get reduced to maintain a fixed risk of Rs.100)
Quantity without Leverage:
Quantity = (((Using Capital / 100) * Risk Percent) / (Entry Price - Stop Loss))
Note:
Always stay informed about market conditions and be prepared for potential rapid price movements when trading stocks that meet the strategy criteria. Strictly adhere to your predefined risk management strategy to safeguard your capital.
[volfgang] WAVE ScannerThe Wave Scanner helps you make more informed decisions about when to buy and sell.
This indicator operates on a series of inputs and global variable declarations. Based on the same parameters as the WAVE Indicator. It uses different parameters such as the closing price, Stochastic Momentum Index, and smoothing factors such as the EMA to calculate the potential trade signals.
The scanner allows you to adjust the thresholds for bullish and bearish counts, which can be tailored to your personal trading strategy.
The minimum value is 4 and maximum is 8.
In total you can use 8 different timeframes for your signals from the following;
3D
1D
12h
8h
4h
1h
15m
5m
The scanner's unique ability to scan across multiple timeframes is what makes this indicator unique. This multi timeframe analysis can be incredibly useful for identifying broader trends in the market.
The Wave Scanner settings also includes inputs for you to enter risk management settings, including your total capital and the risk percentage you are willing to take per trade. It uses this information to display data in a label on the chart including;
Position Size
Stop Loss Level
Potential Profit
Risk Reward Ratio
On your chart, the WAVE Scanner will plot the ideal Entry Levels, Stop Loss and Take Profit Levels by calculating Fibonacci Levels, which is a popular tool for identifying potential support and resistance levels.
These are marked as follows;
GREEN Lines: Entry Levels
PINK Line: Stop Loss (can be customized in the settings)
GREY Line: Breakeven Level (move SL to breakeven at this level)
BLUE Line: Take Profit Level
So, if you're a trader looking to level up your strategy, the Wave Scanner is a tool you won't want to miss out on.
HTF Liquidity Dashboard [TFO]The purpose of this indicator is to server as a multi-symbol scanner that indicates when user-defined symbols have exceeded their previous Day/Week/Month highs and lows.
By default, the dashboard will use a compact view where the green ✔ means that price has swept and is currently exceeding the level of interest, the red ❌ implies that price swept the level but reversed back into the original range, and - indicates that the level hasn't been reached. However, the dashboard text can be toggled to show the numerical values of the highs and lows instead of these compact strings, as shown in the following image.
These levels may be shown and customized on the current chart as well via the Show Levels option. By default, levels from the selected timeframes will initially be plotted as black, and will change to red once traded through. Users can optionally increase the Session Limit parameter to show more than one previous high/low on their chart, for each selected timeframe.
Optionally, we can also plot labels to show when any of the user-defined symbols have exceeded their respective highs and lows, for any of the selected timeframes. Alerts can be created for these events as well; simply select the desired symbols and timeframes, create a new alert using this indicator, and you should be alerted when highs and lows are traded through. Note: if you encounter any issues with duplicate alerts, try deleting the alert, navigating to a lower timeframe such as the 1m, and making a new alert.
Heikin Ashi Master Buy Signal ScannerHeikin Ashi Master Buy Signal Scanner is an algorithm consisting of smoothed Heiken Ashi candles and moving averages.Moving averages use 5 basic moving averages. I preferably use ema for smoothing.In addition, the main purpose of this indicator is the preferred stock market and its shares, trading pairs, etc. scanning on a single screen and seeing the buy signals on a single screen.The buy signal appears on the screen as green.
With Column Width from the indicator properties, the width of the column of 30 symbols is adjusted, and the position of the column on the screen is adjusted with the Column Number.
With the indicator, a maximum of 30 symbols can be listed at once. However, this number can be increased according to your tradingview membership type. Especially if you are a premium member of tradingview, you can add as many indicators as you want to the chart without any limitation, and you can add as many symbols as your screen width to the chart. Heikin Ashi Master Buy signals you can see on a single screen.
In addition, the indicator gives you the opportunity to set the time zone you want and you can see the signals according to the time zone you want. All you need to do for this is to set the time zone from the indicator properties.
Now, if you wish, you can see examples of scans made on a single screen below.
Buy signals of 346 coins of Binance usdt trading pair on a single screen
Buy signals of 420 stocks of the Indian market on a single screen
Buy signals of 300 stocks of the NASDAQ on a single screen
Buy signals of 300 stocks of the BORSA ISTANBUL-BIST on a single screen
Buy signals on a single screen with 49 trading pairs in Forex
Legend Scanning System - Telegram SenderHello traders, I'm Only Fibonacci.
This is what i posted, not really an indicator or strategy. An alarm mechanism.
What does it do?
First, you select a period during which the vehicle will scan.
Then, with this system, you adjust the settings of the strategies installed on our vehicle. Then you select forty symbols and specify which strategy you want the symbols to be scanned.
We come to the alarm setting screen, select the alarm, and enter your telegram bot's token-hosted message request link from the webhook section. You should contact me for assistance in these matters.
You can see most of the settings in the image below.
You can see most of the settings in the image below.
Important note: The period of the open graph must be less than the scanned period. Otherwise, the results may be erroneous.
Strategies will be constantly updated and become more customizable.
Proper use of this tool gives you:
It serves to scan different strategies on forty symbols different instruments of your choice. And not only that, you will receive these results in telegram.
The strategies loaded in these scans consist of the strategies in the techniques section in tradingview.
BE - Pr_DayLowHigh_BreakoutScreener AlgoHerewith presenting the Screener based indicator which supports Algo trade on the NSE stocks. The idea behind this indicator is when the Current day stock breaks out of Yesterday's high or Low with promising volumes (Using MA's and POC of Volume Profile) along with formation of candle Pattern. Initiates the Trade entries.
Note: Indicator is designed to take an entry even before the candle is closed as soon as the entry level is crossed and it shall exit the trade as soon as the SL is hit even before candle is close.
How to Work with this Indicator.
You can map up to 15 Scripts in this indicator. However you may decide if you wish to load all 15 are few of them. if you wish to load only 10, below settings should help you ignore the rest 10 symbols from screening it for setups
Updating Symbol Script.
This is an important part is used for Algo trades. Read the tooltip for better understanding of the format. Acceptable format is Broker Name followed with : and space with Symbol mapping Name followed with / and Instrument token provided by broker if no token alloted for the script then you may keep 0 against symbol name followed with / and Qty in terms of absolute value or in terms of percentage.
Trade and Scan Settings
Symbol List Mapping
For Improvements in Results - Use Events and keep a track of it / use Nudges etc.
DTR/ATR Scanner v1.0This indicator allows you to view DTR vs. ATR % for multiple instruments. When colors are Red the instrument is near 90% of its daily ATR.
Nifty36ScannerThis code is written for traders to be able to automatically scan 36 stocks of their choice for MACD , EMA200 + SuperTrend and Half Trend . Traders can be on any chart, and if they keep this scanner/indicator on , it will start displaying stocks meeting scanning criteria on the same window without having to go to Screener section and running it again and again. It will save time for traders and give them real time signals.
Indicators for scanning stocks are:
MACD
EMA200
Supertrend
HalfTrend - originally developed by EVERGET
Combination of EMA200 crossover/under and MACD crossover/under has worked well for me for long time, so using this combination as one of the criteria to
Scan the stocks. Using Everget's Half Trend method confirms the signal given by MACD , EMA200 and Supertrend Crossover.
I have added 36 of my favourite stocks from Nifty 50 lot. Users of this script can use the same stocks or change it by going into the settings of this scanner.
The Code is divided into 3 Sections
Section 1: Accepting input from users as boolean so that they can scan on the basis of one of the criteria or any combination of the criteria.
Section 2: "Screener function" to calculate Buy/ Sell on the basis of scanning criteria selected y the user.
screener=>
= ta.supertrend(2.5,10)
Buy/Sell on the basis of Supertrend crossing Close of the candle
//using ta.macd function to calculate MACD and Signal
= ta.macd(close, 12, 26, 9)
using HalfTrend indicator to calculate Buy/Sell signals , removed all the plotting functions from the code of Half Trend
Bringing Stock Symbols in S series variables
s1=input.symbol('NSE:NIFTY1!', title='Symbol1', group="Nifty50List", inline='0')
Assigning Bull/Bear ( Buy/Sell) signals to each stocks selected
=request.security(s1, tf, screener())
Assign BUY to all the stocks showing Buy signals using
buy_label1:= c1?buy_label1+str.tostring(s1)+' ': buy_label1
Follow the same process for SELL Signals
Section 3: Plotting labels for the BUY/SELL result on the in terms of label for any stocks meeting the criteria with deletion of any previous signals to avoid clutter on the chart with so many signals generated in each candle
Display Buy siganaling stocks in teh form of label using Label.new function with parameters as follows:
barindex
close as series
color
textcolor
style as label_up,
yloc =price
textalign=left
Delete all the previous labels
label.delete(lab_buy )
STOCKS SELECTION
We have given range f 36 stocks from NIFTY 50 that can be selected at anytime,. User can chose their own 36 stocks using setting button.
INDICATORS SELECTION
1. MACD: It i sone of the most reliable trading strategy with 39.3% Success rate with 1.187 as profit factor for NIFTY Index on Daily time frame
2. EAM200 + Super trend : Combination of EMA200 crossover and Super trend removes any false positives and considered a very reliable way of scanning for Buy/Sell signals
3. HALF TREND: Originally developed as an indicator by Everget and modified as strategy by AlgoMojo, it generates Buy/Sell signals with 40.2% success rate with 1.469 as profit faction, on 15 minutes timeframe.
Asteroid Belt ScreenerAsteroid Belt Screener Observe the market in relation to the dynamic trend strength Asteroids Belt indicator, reference for trend trading opportunities.
SCAN MULTI ASSETS WITH ALL 3 RESPONSIVE TIMES ALL AT ONCE
The New Compliment Indicator to the much loved Asteroids Belt, providing a unique way to scan the market, never miss an opportunity with multi Asset Alerts and customizable display.
With additional Pre configured Aggregators, users of asteroids belt will be pleased to know that the indicator does come with 50 automated aggregation settings,
Using the custom position coordinates X,Y users can load multiple instances of the screener, choose individual assets, place them on their chart as they wish and scan for 5 assets PER screener.
Users can also choose to use assets outside of the list of 50, and control the aggregators manually, this allows for complete customization with no limit to symbols.
Users are also given the chance to set alerts for the following:
Alerts
Bullish Trend: Fast,Normal Slow (belt trend color change)
Bearish Trend: Fast,Normal Slow (belt trend color change)
Entering Belt: Fast Normal Slow (belt level detections)
Leaving Belt: Fast,Normal Slow (belt level detections)
TO DO:
Additional alerts e.g. fast trend green with red slow belt. Allowing for filtered opportunities.
Increase pre made aggregator asset lists, and improve.
