Auf geht's

Trendfollowing

RSI TrendsRSI is a momentum indicator, however most people seem to be using it to go against the momentum by trying to identify tops/bottoms using it. Its in my opinion the wrong way to be using it. It can be easily used for trend following which seems like a better use for it. Uptrend - RSI > 60 Downtrend - RSI < 40 Sideways - RSI between 40 and 60 If however not interested in filtering for sideways trends and convert it to a long-short only strategy that stays in market all the time then it can be simply modified by setting both overbought/oversold thresholds to 50. In such a case uptrend will be above 50 and downtrend will be less than 50. Note: wait for close for current bar to be confirmed as RSI is calculated at close
Pine Script™ Indikator
von zzzcrypto123
27
Automatic Risk to Reward PivotsIn a nutshell I was tired of guestimating what my risk was between pivots when getting into trades I went to work on the basic math behind the relationship of the pivots to find their natural risk to reward ratios. The natural risk to rewards span high and low...for example...you can go from the S3 --> R3 and that R:R is with a stop loss of the S4 is 7.4 But making all of those possibilities in code is excessive and for simplicity sake I price can only be between two pivot areas at any point in time. So this auto risk to reward is limited to the 2:1 opportunities. If you by chance do the math for all of the possibilities as I have then it would be easy to change the Take Profit levels. I use the fibonacci pivot points in this indicator but I include the mid levels and further extensions totaling 20 levels, 21 including the pivot. Here they are...the generic plots are bolded...the additional levels are the other fib levels R7 - 200% R6 - 162% R5 - 141% R4 - 127% R3 - 100% R-C - 76% R2 - 62% R-B - 50% R1 - 38% R-A - 24% Pivot S-A - (24%) S1 - (38%) S-B - (50%) S2 - (62%) S-C - (76%) S3 - (100%) S4 - (127%) S5 - (141%) S6 - (162%) S7 - (200%) The indicator give you the setups for uptrends and downtrends based on the pivot point moving averages (ex. ema(hlc3, 34)) from a higher timeframe which you will be free to change yourself in the inputs. For my setup, I trade from the daily pivots using the 10m or 5m chart so my next level up is the weekly pivots which I view using the 1H chart candles. In the next iterations I will add the ability to change the MA lengths. Pivot Point Moving average lengths Weekly lengths - fast 34 : slow 55 Monthly lengths - fast 13 : slow 34 Yearly lengths - fast 13 : slow 34 Rules for Uptrends Fast MA > Slow MA Session high < r6 Rules for Downtrends Fast MA < Slow MA Session high > s6 Timeframes applicable are only those who have a higher pivot set above it Monthly_SR = 240m, 300m, D Weekly_SR = 26m, 30m, 60m Daily_SR = 1m, 3m, 5m, 10m, 15m Your take profit line will always populate where your risk will be 2:1 Your stop loss will always be one pivot level underneath or above your entry Feel free to ask any questions. Trade well my friends!
Pine Script™ Indikator
von Jauqius
22
Support Resistance - Aging [Example]Hello All, First all of Thanks to Pine Team for adding Arrays to Pine! In this script I tried to make example for 1. Finding S/R lines using highest/lowest function 2. Using 1D array as 2D (we keep S/R levels and age) 3. "Age" usage for S/R levels, getting older on each candle and changing colors by their age (maximum age is 127 then it disappears) You can use "Close"/Open " or " High/Low " as source. There is an option for the background color, by default it's Black, do not forget to set it accordingly :) Enjoy!
Pine Script™ Indikator
von LonesomeTheBlue
19
10ema Basic Swing Trade StrategySTRATEGY INGREDIENTS * DAILY chart * 10 ema on daily * 50 ema on daily STRATEGY RECIPE SUMMARY Wait for a CLOSE BELOW the 10 ema on the daily chart ...YESTERDAY. Wait for a CLOSE ABOVE the 10ema TODAY...ensure the price action is ABOVE the 50 ema on the daily chart ...buy at the close if the green arrow indicator is shown. Be sure to get your order filled BEFORE the market closes -- if you are using directional options...b/c you know, the options market doesn't have after hours. BE AWARE of your own risk tolerance...step stops at appropriate levels...Take responsibility for your own trades. BACKTEST this strategy before using a LIVE MONEY TRADING ACCOUNT.
Pine Script™ Indikator
von MattDeLong
7
Array-Trend-BandsHere I propose a simple trend following system, where one can ride out moves in a trending direction and use it to reenter the trades in the direction of the trend. This band is also capable of tracking down the strength of the price action, there will be a real indication of compression in price movement and expansion. These zones usually blow traders' accounts when they trade MA's, they end up taking too many trades in the compression zones, it an inherent fault with the MA systems, no matter which MA you use. This, however, is a very clear indicator to avoid these compression zones to take the trade and enter only when price gives clear breakout. This indicator does not require user input and it works on all TF and all instruments, as long as there is a price, this will work. Past performance is no assurance of future success. This is an idea for education purposes only. Please note that this is coded using TV's newly introduced array functions, so it's extremely snappy. Regards!
Pine Script™ Indikator
von Pratik_4Clover
Support Resistance - Dynamic v2Hello Traders! After the addition of "Arrays" to the Pine, I developed new and improved version of Support Resistance - Dynamic script as version 2. In this script Arrays were used. This can be used as Support Resistance tool, also it will be an example for the people who want to learn Array usage in Pine. Many thanks to Pine Team for adding Arrays! The script finds the Pivot Points and check them in channels if there can be S/R or not, and draws mid line of the channel as S/R line. you can set number of PPs and channel width in the options. Each channel width is optimized dynamically according to Pivot Points. Also you can choose " High/Low " or " Close/Open " as source for Pivot Points. There is an option for maximum number of S/R levels. S/R levels are found and sorted dynamically and number of S/R lines with enough strength changes dynamically. Some other options for coloring and line width. (Solid, Dashed or Dotted) S/R levels are shown in the Labels and Label colors are changed automatically, if S/R line is below the closing price then it's color is Green (as Support), otherwise its color is Red (as Resistance). Examples: Enjoy!
Pine Script™ Indikator
von LonesomeTheBlue
240
Higher Timeframe Trend Indicator V3.0What is it? An indicator that depicts the trend of up to 5 higher timeframes on the same chart without needing to context-switch between charts. Features - Supports up to 5 timeframes - Trends indicated by 5 colored buttons: one for each timeframe - Varying shades of green: uptrend - Varying shades of red: downtrend - White/silver: sideways/neutral - Configurable length (time period) for each timeframe - Increase length to capture long term trends; decrease it to capture only short term ones - Configurable sensitivity for each timeframe - Sensitivity determines what angle is considered trending and what is not - Increase sensitivity to capture weak trends - Decrease sensitivity to filter out weak trends and capture only strong/steep ones - Sensitivity ranges from 1 (least sensitive) to 3 (most sensitive) - Move the labels around vertically for better visibility by changing the "Location" and "Offset" parameters How should one use it? Use it to quickly browse through charts to understand the context across timeframes, and zero in on only those that have trends aligning on the higher and lower timeframes as per your strategy. For e.g., a chart that is trending up strongly on the 15min and 60min (indicated by dark green colored buttons), and trending down on the 1 and/or 5 min (indicated by red-colored buttons), can be shortlisted for a potential pullback trade. Use your favorite pullback strategy (Supply/Demand, Support/Resistance, Moving Averages, etc.) to hop in on the trend. How are trends determined? The indicator uses normalized %change in price of the linear regression line segment of the chosen price sources (close, high, low, MA, etc.) over a specified length to determine trend direction and intensity Known Issues Will indicate the trend correctly only for timeframes *higher* than the current (visible) resolution/timeframe of the chart. Might not indicate it correctly for lower timeframes ( i.e., lower than the current (visible) resolution/timeframe of the chart). For this reason, all timeframes lower than the current resolution will be hidden in the present release. Future releases - I am still experimenting with various sensitivity levels and the corresponding trend shades to make the tool as accurate and intuitive as possible. These modifications might come in - Sensitivity levels might be increased. - Bug fixes, if any
Pine Script™ Indikator
von the_MarketWhisperer
10
Momentum Drift Oscillator™TradeChartist Momentum Drift Oscillator is a elegantly designed Oscillator that uses both trend following and mean reversion models, that helps visualize the price momentum, based on user defined lookback period and standard deviation. =================================================================================================================== Momentum Drift Oscillator ( MDO ) Features: MDO shows how far away the price is, from the mean, based on Lookback Length (21, 34, 55, 89, 144, 233) and Standard Deviation input (Min - 0.236, Max - 2.0) , and helps understand potential price reversal points based on mean reversion principles. Drift Visualizer helps visualise the velocity with which Price moves and helps the trader spot various momentum drift zones like Fuel zones, Overbought/Oversold areas and Bull/Bear Exhaustion limits. Drift Visualizer above 150 is usually Overbought and value above 200 is Super Overbought. Similarly, value below -150 is usually Oversold and value below -200 is Super Oversold. Option to enable and disable coloured bars based on Momentum Drift. (Colour intensity on Price bars helps visualise the price momentum - 2 Colour Schemes available from the settings - Chilli and Flame). Long and Short Trade Alerts can be created using Once Per Bar Close . The indicator does not repaint. Alerts may display potential repaint warning, but this is because the code uses bar index for Drift Visualizer labels. For confidence in the indicator, it can be tested using bar replay to make sure the real-time and bar replay trade entries and plots stay on the same bar/timestamp. MDO can be connected to ™TradeChartist Plug and Trade to generate Trade Entries, Targets, Sop Loss plots etc and to create all types of alerts. =================================================================================================================== Why is Momentum Drift Oscillator ( MDO ) different from traditional Momentum based indicators? This Momentum Drift model truly combines mean reversion and trend following principles, but with a unique original idea. It needs 2 user defined inputs - Lookback length and Standard Deviation. If for example, say the trend is Bullish and MDO is above 0, the Oscillator doesn't go below 0, even if there is extreme bull exhaustion, if the trend based on lookback and standard deviation is not favorable to reverse trades. Only Fibonacci lookback periods (21, 34, 55, 89, 144, 233) are used as they have been found more effective than other periods. The default Lookback period is 55 and Standard Deviation is 1, but this can be changed from the settings. Lower values of Lookback period go well with higher Standard Deviation and higher values of Lookback period go well with lower Standard Deviation (0.5, 0.618, 0.786, 0.886, 1 etc.), based on trading style and personal risk strategy. The indicator includes a Drift Visualizer that helps spot important trade zones based on Price Velocity, calculated dynamically for every bar based on user defined parameters. The first move above or below 0 always opens at Bull Fuel or Bear Fuel zone and the exhaustion zones are reached only at the time of price returning to the mean. But it doesn't change direction if the trend is still up, so the trader can make an informed decision as to when to reverse trades, based on another confirmator. Similarly, when the Visualizer reaches Fuel or Support/Resistance zones, it normally needs a bit of a push to reach the Overbought - Super Overbought/Oversold - Super Oversold levels where the price normally starts reversing back to the mean and this whole process can be visualized through Visualizer labels on MDO. This process eliminates a lot of noise that normally comes with traditional Momentum indicators. =================================================================================================================== Example Charts: 1. XAU-USD 1hr chart - Lookback - 55, Std Dev - 2 2. ADA-USDT 4hr chart - Lookback - 89, Std Dev - 1 3. WTI - USOIL Daily chart - Lookback - 34, Std Dev - 1.618 4. SPX Daily chart - Lookback - 144, Std Dev - 0.236 5. GBP-USD 15m chart - Lookback - 144, Std Dev - 0.618 6. BTC-USD 1hr connected to Plug and Trade - Lookback - 55, Std Dev - 1 =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script™ Indikator
von TradeChartist
29
Trend Following with Moving AveragesHello Traders, With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths of each moving averages. while it's green you better take long positions, while it's red you better take short positions according to other indcators or tools. Optionally you have "smoothing" option to get rid of whipsaws. it's enabled by default. You have option to use following moving average types: EMA, SMA, RMA, WMA, VWMA. by default it's EMA Also the script has "Resolution" option. with this option you can get the trend for other time frames, in following example 1h was set as for higher time frame on 15m chart: This should not be used as buy/sell signal indicators as it's tries to find trend but not entry points, you should use other indicators (such RSI, Momentum) or other tools to find buy/sell signals. Enjoy!
Pine Script™ Indikator
von LonesomeTheBlue
14
TradeChartist Range Bands ™TradeChartist Range Bands is an exceptionally well designed Entry/Exit indicator that plots fluid Range Bands and dynamic Support/Resistance levels on chart, along with trade entries by using both trend following and mean reversion principles. =================================================================================================================== How does ™TradeChartist Range Bands work? The Indicator plots Range Bands with Upper, Lower and Mean, calculated using trading models that use both Trend Following and Mean Reversion principles . It is the Range Bands that decide the trade Entries as the breakouts above upper band generates long entries and the breakouts below the lower band generates the short entries. The Range Bands Type (Automatic, Aggressive or Normal) can be chosen from the settings. Default is Automatic and it uses Aggressive for non 24 hr markets and Normal for 24 hr markets like Cryptocurrencies. The width of the Range Bands can be changed using the Range Multiplier from the settings. Default is 1.618 , minimum value is 0.618 and maximum value is 2.0. The frequency of the Trade Signals depends on both Range Bands type and Range Multiplier. So it is worth spending some time to test the indicator based on these 2 factors on the asset traded, to maximise the profit potential by optimising the type and multiplier value. In addition to the Range Bands, the indicator also plots Dynamic Support and Resistance bands that are more sensitive to price action and helps the user determine growing support/resistance which is indicated by coloured dots. These dots normally appear when the Support or Resistance stays at the same level for a few bars. The expansion and contraction of the Support and Resistance bands also help in visualising the price volatility, and an extremely narrow squeeze of these levels within the Range Bands normally signals a lucrative market move. This is usually followed by a breakout from the bands and will be signalled by the Trade Entry plots (BUY and SELL). The Dynamic Support and Resistance levels can be enabled or disabled from the settings. The fill between these dynamic levels helps the user to visualise the Bull and Bear strength/power. This fill can also be disabled from the settings if not required. The indicator has a nice Fibonacci levels generator companion that helps spot near support and resistance levels using Fibonacci Retracement tool. There are 3 types of Fib plots that can be chosen from the settings - Auto-Fibs, Fibs based on Lookback, Fibs based on Price Input . The Auto-Fibs feature is used as default and it automatically plots fib retracement based on nearby significant high/low (highest from previous up and down trends). This is normally based on nearby trade entries too. Occasionally, during choppy markets/sideways movement, the range of these levels can be quite small and if close price exceeds the 4.618 fib level, one of the other Fib plot options can be used. Alternatively, Plot fibs from current high/low can also be used. Fibs based on lookback can be used by choosing the number of candles or days lookback to help the indicator automatically find the high and low of the period to generate fib levels. Similarly, Fibs based on price input requires, user to manually enter the high and low price points for the indicator to generate fib levels based on user input. The indicator has two colour schemes for the Dynamic Support/Resistance fill and bar colours. The coloured bars and the fill will help visualise the price trend. This can be changed or disabled from the settings. The Fib levels can be disabled by unchecking lines and labels from the styles tab of indicator settings. Long and Short entry Alerts can be created by using Once Per Bar Close . The indicator does not repaint. Alerts may display potential repaint warning, but this is because the code uses bar index for fib labels. For confidence in the indicator, it can be tested using bar replay to make sure the real-time and bar replay trade entries and plots stay on the same bar/timestamp. The different elements of the indicator are shown below in the chart. =================================================================================================================== ™TradeChartist Range Bands can also be connected to ™TradeChartist Plug and Trade to generate Targets, Stop Loss Plot etc. and other alerts can also be created. Use Range Bands Trend Identifier to connect as an Oscillatory Signal to Plug and Trade. Example chart shown below. =================================================================================================================== Example charts: 1. ADA-USDT 4hr chart using Aggressive type and 1.618 Range Multiplier 2. ADA-USDT 4hr chart using Normal type and 1.618 Range Multiplier 3. XAU-USD 15m chart using Normal type and 1.618 Range Multiplier - Fibs based on 3 days lookback 4. DJI 4hr chart using Normal type and 2.0 Range Multiplier 5. GBP-USD 15m chart using Normal type and 1.618 Range Multiplier 6. LINK-USDT 1hr chart using Normal type and 1.236 Range Multiplier =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script™ Indikator
von TradeChartist
15
AITI Investa: Trend FollowingScript ini dibuat untuk membantu strategi trend following harian pada saham-saham di IHSG. Terdiri dari: 1. Petunjuk visual untuk area trend yang sebaiknya dihindari ( bearish trend ), berupa background berwarna merah. Dimana area bearish trend adalah ketika garis fast ema berada di bawah garis slow ema . 2. Batas stop loss / trailing stop, dengan acuan nilai ATR. Script ini tidak memberikan sinyal buy. Silakan gunakan strategi buy on weakness/breakout sesuai analisa dan preferensi masing-masing. Untuk mencari entry trigger, penulis merekomendasikan untuk menarik garis support/resistance manual dan digabungkan dengan indikator MACD & CCI sebagai konfirmasi. -AITI Investa
Pine Script™ Indikator
von hasrindra
Trend Following Algo by Technicaltrader615 for BankniftyThis is an Intraday Trend Following System developed for Trading the Bank nifty Index. It couples traditional trend following with Momentum and Price action. The trades are Entered and Exited the Same day. If Old buy signal is continuing, system wont take trade, System will wait for new signals. For continuation or re entry there is a separate program which is under development. This can be applied to Futures segment and Options Also. Options you have to understand parameters like Expiry, Strike Price, IV etc; Future trading is recommended compared to option as the system is tested with futures. For more Details you can contact thru trading view chat window. You can also scroll down for my signature. There will not be any trail period.
Pine Script™ Indikator
von jbsankar
10
Heiken-Ashi Color Vts// Simple as it says: // gives you the color of the Heiken Ashi candles in a separate panel. // I needed this indicator since in TV switching from HA to normal candles resets the chart and I had to go back manually. // This solves the nasty issue. // Moreover, nobody enters/exits the trade on the HA values but everyone uses just their color, right? // Since bearish candles are encoded with value -1 and bullish candles with +1, // a simple average can be defined (if you don't find it useful, disable it). // Vitelot-Yanez-Vts, Aug 2020 //
Pine Script™ Indikator
von vitelot
1
Trend Lines Pro for IndicatorsHello Traders! We need to make things better & better to solve the puzzle and I try to do my best on this way. now I am here with my new Trend Lines Pro for Indicators script. As you know, Trend Lines is very subjective and many people (even professionals) draw different Trend Lines on the same chart. This is confusing and there must be an automation to make the life easer. with this tool I tried to automate it. The idea in this script is different from my previous trend lines scripts. In this, I use channel idea so it can check number of pivot points it contains. it also checks the angle while choosing trend lines. then we get stronger and useful Trend Lines automatically. There are some option in the script, let see one by one: Indicator: the indicator on which you want to see Trend lines, Predefined Indicators are: RSI, CCI(Commodity Channel Index), OBV(On-Balance Volume), Momentum, MACD, CMF(Chaikin Money Flow), External Indicator External Indicator: with this option you can use other indicators as input and get trend lines for them. - First add an indicator (such as MFI) - in "Indicator" option select "External Indicator" - click "External Indicator" option - and choose the indicator from the list Pivot Period: The Length to calculate Pivot Highs/Lows Threshold Rate: This rate is used for channel width. it you give bigger numbers then you get bigger channels. it's 4 by default Minimum Angle Rate for new Trendline: if there are different trend lines , there must be an angle between them to choose best trend lines . you can set the angle with this option. Minimum Strength: there can be many trend lines but we need to choose/use stronger ones. with this option you can set the number of pivot points a trend channel have to contains. default value is 2 Maximum Loopback Length : by default the script can check 40 pivot highs and 40 pivot lows but to make the script faster and useful I needed to add a limitation for the number of bars that the script can go back. Show Trendlines as: you can see trend lines as "Trendline", "Channel", "Trend Channel". you can see examples below. Enable Weak Trend Lines : if there is no trend lines strong enough (as defined in "Minimum Strength" option) you have option to see a weak trend line . that is useful sometimes. if you enable this option weak lines are shown as dotted lines. Show Price Labels on Trendlines: the script can show the price levels to break trend lines . the example Line Style: trend lines can be Solid or Dashed as you wish Color theme: colors of the Up/Down Trend lines can be set. Red, Lime, Blue, White, Black, Olive, Gray Indicator color: colors of the Up/Down Trend lines can be set. Red, Lime, Blue, White, Black, Olive, Gray and Yellow and last options are for length options for RSI, CCI, Momentum, MACD, CMF There are many alerts such: Support/Resistance Broken, Price in Support/Resistance channel, Support/Resistance line broken but still in a channel that means it broke S/R but there is another trend lines to break. Below an example how the script uses external indicator as input and draws trend lines on it. in this example chaikin ossilator was added to the chart and get trend lines for it. (I am going to make a short video about it) An example of Trend Channel is below. when you use trend channel option you can get "big picture" of whats going on An example for trend lines in channels, that is the idea behind this trend lines script An axample for trend lines for CCI: Trend lines on OBV: Trend lines on Momentum: Trend lines on MACD: Trend lines on CMF: Different colors and line styles: Please send me message for access and do not hesitate to ask your questions about this tool. Enjoy! DISCLAIMER: No sharing, copying, reselling, modifying, or any other forms of use are authorized for our documents, script / strategy, and the information published with them. This informational planning script / strategy is strictly for individual use and educational purposes only. This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement. I am not responsible for any losses you may incur. Please invest wisely.
Pine Script™ Indikator
von LonesomeTheBlue
814
IntradaySignal #Trading #Candlestick #SignalThis is a simple version of taking bull and bear positions. Time Frame: Although the time frame decided while making the script was for 1 minute chart, but after checking, even Daily charts work good. Asset class: The underlying here, is XAUUSD (GOLD) but confirmatory strong positional trades on stocks for intraday purposes. Condition: The signals are meaningful and are of significant importance when its in trending pattern and not in sideways pattern. The signals are presented by the background color. when the color is red, start taking short positions, and when the signal is green, go with long position. StopLoss: Complete reliance on the script might not be rewarding, Prepare your own stoploss and targets. I advise you to take profit and book losses as per "resistance & support" zones.
Pine Script™ Indikator
von Rachit_Sethia
4
Trend Lines ProHello Traders! We need to make things better & better to solve the puzzle and I try to do my best on this way. now I am here with my new Trend Lines Pro script. As you know, Trend Lines is very subjective and many people (even professionals) draw different Trend Lines on the same chart. This is confusing and there must be an automation to make the life easer. with this tool I tried to automate it. The idea in this script is different from my previous trend lines scripts. In this, I use channel idea so it can check number of pivot points it contains, it checks H/L/C in the channels as well. it also checks the angle while choosing trend lines. then we get stronger and useful Trend Lines automatically. There are some option in the script, let see one by one: Pivot Period: The Length to calculate Pivot Highs/Lows Source : Option to use "High/Low" or "Close" as the source for Pivot Points Threshold Rate : This rate is used for channel width. it you give bigger numbers then you get bigger channels. it's 4 by default Minimum Angle Rate for new Trendline: if there are different trend lines, there must be an angle between them to choose best trend lines. you can set the angle with this option. Minimum Strength: there can be many trend lines but we need to choose/use stronger ones. with this option you can set the number of pivot points a trend channel have to contains. Maximum Loopback Length: by default the script can check 40 pivot highs and 40 pivot lows but to make the script faster and useful I needed to add a limitation for the number of bars that the script can go back. Show Trendlines as: you can see trend lines as "Trendline", "Channel", "Trend Channel". you can see examples below. Enable Weak Trend Lines: if there is no trend lines strong enough (as defined in "Minimum Strength" option) you have option to see a weak trend line. that is useful sometimes. if you enable this option weak lines are shown as dotted lines. Show Price Labels on Trendlines: the script can show the price levels to break trend lines. the examples are below Line Style: trend lines can be Solid or Dashed as you wish Color theme: colors of the Up/Down Trend lines can be set. 'Red', Lime, Blue, White, Black, Olive, Gray you can see the Trend Lines as channels: you can see Trend Channels to see the big picture.also there is dotted trend line as weak trend line defined above. you can set color/width of trend lines as you wish. the script is fast enough to run on 1sec chart: you can use this script on any chart, fx pairs, stocks, indices etc I made a short video to explain how to use it and some options: Please PM for access. Enjoy! DISCLAIMER: No sharing, copying, reselling, modifying, or any other forms of use are authorized for our documents, script / strategy, and the information published with them. This informational planning script / strategy is strictly for individual use and educational purposes only. This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement. I am not responsible for any losses you may incur. Please invest wisely.
Pine Script™ Indikator
von LonesomeTheBlue
2.8 K
Three EMA Scalp Signals by kmderhamThis script looks for a set up condition where 5 consecutive candles have broken away from the fast EMA (set to 8 by default) followed by a "trigger" candle that crosses back over the fast EMA but not the medium EMA (set to 13 by default). It then determines the entry point based on the bar high or low (not tail or wick) depending on direction of the trend. Once the entry point is crossed, we can enter the position. Win or loss is determined whether the lower or upper levels are crossed (as per trend). After the position is won or lost and if the entry level is re-crossed before a new set up condition is found then a new entry signal is given. Please note that this should really be used in conjunction with a higher timeframe "Anchor" chart with a fast and a slow EMA so setups and positions should should correspond to the trend of the higher timeframe chart. This was designed for a 5 minute timeframe and a 60 minute anchor chart.
Pine Script™ Indikator
von firegenie
8
TradeChartist TrendRider Companion ™TradeChartist TrendRider Companion is an exceptionally beautiful and a functional indicator that can be used as a companion with ™TradeChartist TrendRider or as a standalone indicator and can also be used with other scripts. The indicator plots the trend based on Momentum, Volatility , detecting critical zones of Support and Resistance along the way, which helps the indicator find the right trend to ride, plotting Trend Intensity and Trend Markers based on only one piece of User input - TrendRider Type (Aggressive, Normal or Laid Back). =================================================================================================================== What does ™TradeChartist TrendRider Companion do? TrendRider Companion plots Trend Intensity along with Bull and Bear Trend Markers on chart, which helps the user get a visual confirmation of the Trend. TrendRider Companion paints Trend strength on price bars based on the Color Scheme, if this option is enabled from the indicator settings. =================================================================================================================== The script is pretty straight forward to use on any chart to track the trend intensity. ™TradeChartist TrendRider uses the same logic to detect the trend but TrendRider also plots critical Support/Resistance zones, detecting any breaches or fail of those levels on a candle close before reversing the Trend Ride. =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script™ Indikator
von TradeChartist
14
TradeChartist TrendRider ™TradeChartist TrendRider is an exceptionally beautiful and a functional indicator that does exactly what it says on the tin. The indicator rides the trend based on Momentum, Volatility, detecting critical zones of Support and Resistance along the way, which helps the indicator find the right trend to ride, plotting Trend Markers and Trade Signals based on only one piece of User input - TrendRider Type (Aggressive, Normal or Laid Back). =================================================================================================================== What does ™TradeChartist TrendRider do? ™TradeChartist TrendRider dynamically calculates Support and Resistance levels when riding a trend and uses these levels for confirmation on breach or fail (on a candle close), before reversing from the current trend it is riding. The change of trend is signalled using Bᴜʟʟs or Bᴇᴀʀs labels which are plotted upon confirmation of the Trend. TrendRider plots Bull and Bear Trend Markers on chart, which helps the user get a visual confirmation of the Trend. TrendRider also plots $ signs to show Take Profit Bars and also paints Trend strength on price bars based on the Color Scheme, if these options are enabled from the indicator settings. The above features can be clearly seen on the 1 hr chart of GBP-USD below. =================================================================================================================== How to create Alerts for ™TradeChartist TrendRider Long and Short Entries? Alerts can be created for Long or Short entries using Once Per Bar as Bᴜʟʟs or Bᴇᴀʀs labels appear only on confirmation after bar close. =================================================================================================================== Does the indicator include Stop Loss and Take Profit plots? This script doesn't have Stop Loss and Take Profit plots, but it can be connected to ™TradeChartist Plug and Trade as Oscillatory signal (" TrendRider Signal ") to generate Automatic Targets, set StopLoss and Take Profit plots and to create all types of alerts too. The 4hr chart of ICX-BTC below shows TrendRider connected to ™TradeChartist Plug and Trade. =================================================================================================================== Does this indicator repaint? No. This script doesn't repaint as it confirms its signals only after close above/below TrendRider's dynamic level and also uses security function to call higher time-frame values in the right way to avoid repainting. This can be verified using Bar Replay to check if the plots and fills stay in the same bar in real time as the Bar Replay. =================================================================================================================== Example charts using TrendRider Daily chart of BTC-USD =================================================================================================================== 15m chart of SPX =================================================================================================================== 1hr chart of ADA-USDT =================================================================================================================== 15m chart of XAU-USD =================================================================================================================== 4hr chart of Dow Jones Industrial Average =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script™ Indikator
von TradeChartist
15
TradeChartist Chameleon™TradeChartist Chameleon is an exceptionally beautiful trend following indicator (visualised using Chameleon plot) based on Momentum and Volatility using User input of Chameleon Mode and Risk factor (ATR multiple) to generate Trade Opportunities. =================================================================================================================== ™TradeChartist Chameleon Features Minimal user input of Chameleon Mode Selection from (Aggressive, Normal and Laid Back) and Chameleon Risk Factor (Min - 1, Max - 5 of ATR Multiple). ---> For Higher Timeframes, lower Risk Factor is recommended (Max - 3) as the trading range can be high based on Volatility. ---> For Lower Timeframes, higher Risk Factor can be used (Normal or Laid Back Mode) based on asset price volatility. Comprehensive Chameleon Dashboard with useful information like Real-time Gains Tracker , User settings and general trade information. Dashboard can be customised based on user preference from Chameleon Settings. Automatic Targets based on Trade. Option to paint Price Bars to help identify Price Trend. Option to display Profit Taking Bars (enabling this from settings will paint $ signs where Profit taking is recommended). Option to color background based on trade type. Alerts can be created for Long and Short Entry Signals using "Once per Bar" as Trade Entries are generated only upon confirmation (previous candle close below/above Chameleon Trigger line). =================================================================================================================== How to create Alerts for ™TradeChartist Chameleon Long and Short Entries? Alerts can be created for Long or Short entries using Once Per Bar as BUY and SELL labels appear with entries only on confirmation after bar close. Does the indicator include Stop Loss and Take Profit plots? This script doesn't have Stop Loss and Take Profit plots, but it can be connected to ™TradeChartist Plug and Trade as Oscillatory signal (" Chameleon ") to set StopLoss and Take Profit plots and to create all types of alerts too. Does this indicator repaint? No. This script doesn't repaint as it confirms its signals only after close above/below Chameleon Trigger line and also uses security function to call higher time-frame values in the right way to avoid repainting. This can be verified using Bar Replay to check if the plots and fills stay in the same bar in real time as the Bar Replay. =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Pine Script™ Indikator
von TradeChartist
8