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Tripart Super Forex IndicatorOverview The “Tripart Super Forex Indicator” is an advanced trading tool designed specifically for intraday trading and scalping. It combines the power of Exponential Moving Averages (EMAs), Average True Range (ATR), and the Relative Strength Index (RSI) to generate precise buy and sell signals. This indicator helps traders identify trend direction, volatility, and momentum, ensuring well-timed entry and exit points in the forex market. What It Does The Tripart Super Forex Indicator provides traders with the following: 1. Entry Signals: Buy and sell signals are generated based on the crossover of short- term and long-term EMAs combined with ATR-based volatility filtering. 2. Exit Signals: Exit signals are generated using RSI to identify overbought and oversold conditions, ensuring timely exits to lock in profits. 3. Trailing Stop-Loss: Dynamic trailing stop-loss levels are calculated using ATR to manage risk effectively during trades. How It Works 1. Exponential Moving Averages (EMAs): • Short-term EMA: Represents recent price trends, reacting quickly to price changes. • Long-term EMA: Represents longer price trends, providing a smoother view of the market direction. • Buy Signal: Generated when the short-term EMA crosses above the long-term EMA, and the closing price is above the long-term EMA plus a multiple of the ATR. • Sell Signal: Generated when the short-term EMA crosses below the long-term EMA, and the closing price is below the long-term EMA minus a multiple of the ATR. 2. Average True Range (ATR): • Measures market volatility. • Used to filter out signals during low volatility periods, ensuring trades are only taken during significant price movements. • ATR is also used to calculate dynamic trailing stop-loss levels to protect gains and manage risk. 3. Relative Strength Index (RSI): • Measures the speed and change of price movements. • Exit Buy Signal: Triggered when RSI falls below the overbought level minus a defined threshold, indicating potential for price reversal. • Exit Sell Signal: Triggered when RSI rises above the oversold level plus a defined threshold, indicating potential for price reversal. • Helps ensure exits are timely and consistent with momentum changes. How to Use It 1. Adding the Indicator : • Add the “Tripart Super Forex Indicator” to your chart from the TradingView library. • The indicator will overlay buy and sell signals on the price chart and plot EMAs if enabled. 2. Configuring Settings : • Customize the EMA lengths, ATR length, ATR multiplier, RSI length, RSI overbought and oversold levels, and RSI exit threshold to suit your trading strategy. • Optionally enable or disable the display of EMAs and ATR on the chart for a cleaner view. 3. Interpreting Signals : • Buy Signal: Look for green “Buy” labels below the candlesticks indicating a potential long entry. • Sell Signal: Look for red “Sell” labels above the candlesticks indicating a potential short entry. • Exit Buy Signal: Look for yellow “Exit Buy” labels below the candlesticks indicating a recommended exit from long positions. • Exit Sell Signal: Look for orange “Exit Sell” labels above the candlesticks indicating a recommended exit from short positions. 4. Risk Management : • Use the dynamic trailing stop-loss levels plotted on the chart to manage open trades and protect profits. • Adjust the trailing stop multiplier based on your risk tolerance and market conditions. Concepts Underlying Calculations • Trend Detection: Utilizes the crossover of short-term and long-term EMAs to identify trend direction and potential entry points. • Volatility Filtering: Incorporates ATR to filter signals during low volatility periods, ensuring trades are taken during significant price movements. • Momentum-Based Exits: Uses RSI to detect overbought and oversold conditions for timely exits, preventing premature or delayed exits. By integrating these concepts, the Tripart Super Forex Indicator provides a comprehensive and robust tool for intraday trading and scalping, helping traders make informed decisions and improve their trading performance. Feel free to reach out for further support or clarification on using the Tripart Super Forex Indicator. Happy trading!
Pine Script™ indicator
by Trade_Monk_Sensei
1
Point of possible Reversal (PPR): forex Strategypoint of possible Reversal, PPR : in this strategy I have tried to find out the possible Reversal points in the forex pairs. It’s the most resisted levels from where the trend takes up a particular direction. These PPR can lead the price in any direction depending upon the time zone its happening in. In this strategy once the code finds a PPR it then checks for suitable time zone then it checks for the RSI confirmation, it checks for the Parkinson Volatility, it checks for internal Bar Strength (refer below for more information) The following setting details will help you in the understanding the strategy and indicator used: This indicator contains the following setting: 1.Fixed trading sessions for Long and Short i. Fixed trading session for long trades (long position can be taken in that period of time only) ii. Fixed trading session for short trades (Short position can be taken in that period of time only) The concept behind restricting the time to go long or short is because in forex the particular pair move in a particular direction depending upon the currency and time zones. This strategy works on different forex pairs, you need to find the best settings. I will be providing the best settings which works for this strategy and different pairs. 2.Setting for back test selection date range you can check the beck test of a particular time range. 3.You can check Long and Short positions performance separately, by unchecking the “ Go_long ” option it will remove all long positions from back test. Vice versa for “ Go_short "option 4.Internal Bar Strength IBS is simply an indicator where you buy on weakness and sell on strength, the cornerstone of any mean-reverting strategy. It oscillates from zero to one and measures the relative position of the closing price relative to the High and Low. IBS = (Close – Low) / (High – Low) In the input setting the you can disable enable the IBS option from the strategy. 5. Parkinson volatility Parkinson volatility is a volatility measure that uses the stock’s high and low price of the day (can be changed in the setting, instead of day it can be set to any bar length) The main difference between regular volatility and Parkinson volatility is that the latter uses high and low prices for a day, rather than only the closing price. In the setting you have three option 1. Enter Volatility Threshold If the Parkinson volatility value is greater than the the threshold value then it lets the trade happen. 2.Set the high/low bar time frame for calculating Parkinson volatility. ( Set 60m by default) Formula used as below: high_=security(syminfo.ticker, input("60"), high) low_=security(syminfo.ticker, input("60"), low) hourlyRangeSquared = pow((log(high_) - log(low_)), 2) dailyParkinsonVol = sqrt(sum(hourlyRangeSquared, 24) / (4 * log(2))) 6. "Enter no of contract size" This setting helps you to set the contract size , by default it is set to 100000. 7.This setting is for the PPR, in this you can change the search of PPR in another time frame, you can add higher timeframe PPR in the chart, by default the PPR is set to search for current time frame PPR. 8.Futrther confirmation of trade is done through the RSI criteria . In this I have provided four kind of RSI confirmation you can test all by selecting any one of the four. 1. filter trade on the basis of BB of RSI (as shown in the image) 2. filter trade on the basis of RSI Levels (RSI>50 for long, vice versa for short) 3. filter trade by rsi>basis of BB of RSI(for long) & rsi<50(for short) 4. filter trade by rsi>50(long) & rsi< basis of BB of RSI(short) SELECT ONLY ONE OF THE ABOVE IN SETTING. 9.For Exiting the trade I have used the trailing SL you can change it in setting. You can exit the trade using two targets (two take profit) using different size for editing the trade. If you want to take only on target then you have to make QANTITY of shares for 1st Exit as 100. Then you will exit all your position in the first target achieved. A big thanks to kodify.net there articles are very helpful kodify.net Thanks to stack overflow community for clearing the doubts. Thanks to Mickey for providing assistance. Trading view official documentation on V4 of pine script also helped me.
Pine Script™ strategy
by TJalam
23
Kviateq - Session PivotsFirst of all, I must say that this script wouldn't be possible without the help of one of the best script developers on TradingView - @ahancock (thanks a bunch for your help) This script draws opening ranges for each of the sessions - Tokyo, London and New York and plots session high, low and pivot range of the previous session. So if you trade London session - you would only take longs if we're above the Tokyo pivot range and vice versa for shorts. Often times previous session's highs act as resistance and lows act as support, so careful trading around those levels. It is obviously meant for lower timeframes, since each of the sessions only lasts a few hours. Default settings are set to the exchange that I use and my timezone (GMT +7), so you might need to adjust the settings accordingly. Tokyo - 12am GMT London - 7am GMT New York - 12pm GMT
Pine Script™ indicator
by hundredtoamillion
20
WBCC Strategy (1hour)RU Нами было принято решение о возможности предоставления доступа к нашему индикатору - WBCC Strategy, он подходит для любой биржи и видов монет и акций. Примеры: 1) Золото - Форекс - 2) Биткоин - Bitmex - 3) MLT - Binance - Доступен данный индикатор будет с 15 августа 2019 (мы предоставляем возможность его использовать, путем выдачи ограниченного доступа - для вашего персонального аккаунта на платформе - ru.tradingview.com , Он будет доступен у Вас в этом разделе: prnt.sc) Со всеми вопросами писать сюда Telegram: @wbcc_club ENG We decided to provide access to our indicator - WBCC Strategy, which is suitable for any exchange and types of coins and shares. Examples: 1) Gold - Forex - 2) Bitcoin - Bitmex - 3) MLT - Binance - This indicator will be available from August 15, 2019 (we provide the opportunity to use it, by issuing a limited access - for your personal account on the platform - ru.tradingview.com , It will be available from you in this section: prnt.sc) With all the questions to write here Telegram: @wbcc_club
Pine Script™ indicator
by wbcc-club
Concurrency Meter ProEvery good forex system has the following basic components: Ability to recognize the trend direction. Ability to identify the strength of the trend and answer the basic question Is the market trending or is it in a range? Ability to identify safe entry points that will give a perfect risk to reward (RR) ratio on every position. How Advanced Currency Meter Helps you Achieve These Components PpSignal Currency Meter Pro is a tool that measures the strength between individual currencies in a pair.
Pine Script™ indicator
by PpSignal01
3
Forex Signal buy sell Pro [PlungerMen]Forex Signal buy sell Pro , mix 2 indicaror in it for exactly Signal This Script is perfectly functional and works well by me and the best way to use this script is to use it with “Long Short" script, both compliment for each other. the "Long Short" script is Free, you can find it by searching If you want to be more accurate and more efficient, more comfortable when you do not want to see too many other indicators, you can register for our Professional edition. - The Professional Edition supports Level 1 and Level 2 commands ( display at chart : LONG+, long-, SHORT,+,short- ), which are very effective in allocating funds and optimizing your profits Besides that,You will be supported by personal preferences, profit maximization -2.64% -1.30% -3.21% -3.33% -3.27% Scalping Pro and B Long Short Pro - We will invite you to the signal channel Telgram with the announcement of the bottom and the peak of the BTC -2.64% -1.30% -3.21% -3.33% -3.27% 0.60% -0.13% ,the big variable variable has exists **We hope you enjoy this script. Your support will help us develop more good quality scripts in the future to serve the community ** **Remember, Like this script and posivite feedback if you are satisfied** if you have any questions, post a comment ... below here *********** Guide: + option for all frames : Click setting and input high and low for time inteval + hide wave trend : Click setting -> click Style --> Up trend Fill or Down trend fill ****** New features: this time we add two lines that can help traders trader safer. When the red line cross above the green line means we are in the downtrend and when the green line cross above the red line, which means we are in a uptrend. This new features will help traders do a safer trade at small time frame. We have the Script free for the user pass, search keyword " Bitmex Scalping PlungerMen" -->> 0.2 eth/1 month will be used Script: BForex Signal buy sell Pro an Super Bot alert telegram <--
Pine Script™ indicator
by luongson107
13