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Trailing Resistance MTFTRAILING RESISTANCE INDICATOR is a helpful tool for traders to help one of the common problems that they face: where to buy/sell? by using trailing resistance you can easily decide and see possible upward movements and understand if you are in a safe zone. Using Trailing Resistance is just simple: Go long/ Buy when price crosses above the indicator, Stay on short position if prices are below the indicator. The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows. Multiple Time Frame Version of Trailing Stop Loss Indicator Trailing Stop Loss Indicator by KıvanÇ fr3762 TRAILING STOP LOSS INDICATOR is a helpful tool for traders to help one of the greatest problems that they face: where to sell? by using trailing stop loss you can easily decide and see possible downward movements and understand if you are in a safe zone. Using Trailing Stop Loss is just simple: Go short/ Sell when price crosses down the indicator, Stay on long position if prices are above the indicator. The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows.
Pine Script® indicator
by KivancOzbilgic
Trailing Stop Loss MTFMultiple Time Frame Version of Trailing Stop Loss Indicator TRAILING STOP LOSS INDICATOR is a helpful tool for traders to help one of the greatest problems that they face: where to sell? by using trailing stop loss you can easily decide and see possible downward movements and understand if you are in a safe zone. Using Trailing Stop Loss is just simple: Go short/ Sell when price crosses down the indicator, Stay on long position if prices are above the indicator. The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows. TURKISH EXPLANATION: İz Süren Stop Loss İndikatörü Adım 1- bu günün düşük fiyatından geriye doğru, daha düşük fiyatlı bir günle karşılaşıncaya kadar yatay bir çizgi çizin bu sizin birinci countback’ iniz olacak. Adım 2- bu yeni düşük günün düşük fiyatından geriye doğru tekrar bir başka düşük güne gelene kadar yatay bir çizgi çekin. Bu sizin ikinci countback’ iniz olacak. Adım 3- bu ikinci düşük günün düşüğünden ileri bu günkü tarihe kadar yatay bir çizgi çekin bu sizin talimat verdiğinizde stop-loss noktanız oluyor. Kural 1- asla aşağıya doğru stop koymayın. Eğer yeni stop-loss noktanız öncekinden daha düşükse onu atıyorsunuz. Bu kural asla bozulmamalı. Kural 2- countback çizginiz üzerindeki aynı düşük fiyata denk gelen günleri yok sayın. İkinci contback çizginizi çekmek için ilkinden daha düşük bir nokta bulmalısınız. Eğer aynı düşük fiyata sahip bir çubuğa denk gelirseniz daha düşüğünü buluncaya kadar devam edin. Gerçekten hepsi bu kadar. Bu kuralları uygulayarak stop-loss noktamızı her yeni günün datası eklendikçe uzatabiliriz. drive.google.com
Pine Script® indicator
by KivancOzbilgic
2
Tillson T3 Moving Average MTFMULTIPLE TIME FRAME version of Tillson T3 Moving Average Indicator Developed by Tim Tillson, the T3 Moving Average is considered superior -1.60% to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well. However, it bears the disadvantage of overshooting the price as it attempts to realign itself to current market conditions. It incorporates a smoothing technique which allows it to plot curves more gradual than ordinary moving averages and with a smaller lag. Its smoothness is derived from the fact that it is a weighted sum of a single EMA , double EMA , triple EMA and so on. When a trend is formed, the price action will stay above or below the trend during most of its progression and will hardly be touched by any swings. Thus, a confirmed penetration of the T3 MA and the lack of a following reversal often indicates the end of a trend. The T3 Moving Average generally produces entry signals similar to other moving averages and thus is traded largely in the same manner. Here are several assumptions: If the price action is above the T3 Moving Average and the indicator is headed upward, then we have a bullish trend and should only enter long trades (advisable for novice/intermediate traders). If the price is below the T3 Moving Average and it is edging lower, then we have a bearish trend and should limit entries to short. Below you can see it visualized in a trading platform. Although the T3 MA is considered as one of the best swing following indicators that can be used on all time frames and in any market, it is still not advisable for novice/intermediate traders to increase their risk level and enter the market during trading ranges (especially tight ones). Thus, for the purposes of this article we will limit our entry signals only to such in trending conditions. Once the market is displaying trending behavior, we can place with-trend entry orders as soon as the price pulls back to the moving average (undershooting or overshooting it will also work). As we know, moving averages are strong resistance/support levels, thus the price is more likely to rebound from them and resume its with-trend direction instead of penetrating it and reversing the trend. And so, in a bull trend, if the market pulls back to the moving average, we can fairly safely assume that it will bounce off the T3 MA and resume upward momentum, thus we can go long. The same logic is in force during a bearish trend . And last but not least, the T3 Moving Average can be used to generate entry signals upon crossing with another T3 MA with a longer trackback period (just like any other moving average crossover). When the fast T3 crosses the slower one from below and edges higher, this is called a Golden Cross and produces a bullish entry signal. When the faster T3 crosses the slower one from above and declines further, the scenario is called a Death Cross and signifies bearish conditions. I Personally added a second T3 line with a volume factor of 0.618 (Fibonacci Ratio) and length of 3 (fibonacci number) which can be added by selecting the box in the input section. traders can combine the two lines to have Buy/Sell signals from the crosses. Developed by Tim Tillson
Pine Script® indicator
by KivancOzbilgic
3
MavilimW MTFMultiple Time Frame version of MavilimW This Indicator plots smoothed weighted moving average combinations of various Fibonacci numbers a great support and resistance for long term trading and confirmation 1- You can change the sensitivity of the indicator by changing the first two parameters 2- In the settings you can also add the original version by checking the "Show previous version" button 3- The indicator calculates Fibonacci series automatically when you change the two parameters HINT: first parameter must be equal or less then second some examples: 1,1 or 1,2 or 2,3 or even 5,5 and so on... by increasing the parameters the indicator becomes less sensitive for buy and sell signals but will have high potential of becoming support or resistance line by decreasing the parameters you can have more sensitive buy an sell signals which changes the color of the indicator. MAVİLİMW İNDİKATÖRÜ TÜRKÇE ANLATIM VİDEO LİNK: MavilimW indikatörün MTF (çoklu Zaman Aralıklı) versiyonu YENİLİKLER: 1-HASSASİYETİ ARTIRILIP AZALTILABİLİR 2-TRADİNGVİEWDA ESKİ VERSİYON DA EKLENEBİLİR KUTUCUK İŞARETLENEREK 3-BELİRLEYECEĞİNİZ 2 PARAMETREYE GÖRE DEVAM EDEN FIBONACCI SERİSİNİ KENDİSİ OTOMATİK OLUŞTURUR.
Pine Script® indicator
by KivancOzbilgic
4
Kıvanç HL by MaviliM0732Kıvanç HL indicator is a useful tool to define RESISTANCE and SUPPORT levels by analyzing previous HIGH and LOW levels od fibonacci lengths. There are 3 lines HIGH, LOW and their exact average MID line. Each line could be a significant support and resistance level due to the price action. Breakouts are very important when supported by volume and new highs are expected when upward breakouts take place. Version 2 has 4 more levels of lines calculated with Fibonacci constants between the HIGH and LOW lines. Version 2 can be activated by cheching the box in the settings of the indicator. Special thanks from me to MaviliM for developing such a great indicator and giving my name creator: @mavilim0732 on twitter
Pine Script® indicator
by KivancOzbilgic
6
Average Directional Movement Index Rating ADXR by KIVANÇ fr3762Average Directional Movement Rating quantifies momentum change in the ADX . It is calculated by adding two values of ADX (the current value and a value n periods back), then dividing by two. This additional smoothing makes the ADXR slightly less responsive than ADX . The interpretation is the same as the ADX ; the higher the value, the stronger the trend. The ADXR , being a smoothed version of ADX , and can be used similarly to the ADX in the three rule system discussed on the ADX section.. The ADXR is a measure of the spread between the Directional Indicators ( +DI and -DI ). When the ADXR is declining, it's not advised to use a trend following system. However, a rising ADXR signals that the dominant trend is likely to continue. A rising ADXR , with both the ADXR and DI+ above the D- indicates a strengthening bullish market. The scan syntax needed to represent this condition would be... ADXR > DIMINUS AND DIPLUS > DIMINUS AND ADXR > ADXR .1 A rising ADXR , with both the ADXR and DI- above DI+ indicates a strengthening bearish trend . The scan syntax needed to represent this condition would be... ADXR > DIPLUS AND DIMINUS > DIPLUS AND ADXR > ADXR .1 If the ADXR has been below both DI+ and DI- but has begun to rise a new market trend is emerging. The scan syntax needed to represent this condition would be... ADXR < DIPLUS AND ADXR < DIMINUS AND ADXR > ADXR .1 IMPORTANT NOTICE: USERS CAN ADD ADX DI+ and DI- indicators by checking the box in the settings of the indicator. Developed by J.Welles Wilder ÖNEMLİ BİLGİ: KULLANICILAR ADX , DI- ve DI+ indikatörlerini de ayarlar bölümündeki kutucukları işaretleyerek sayfaya ekleyebilirler.
Pine Script® indicator
by KivancOzbilgic
3
Moving Average Percent Difference by KIVANC fr3762Percent Difference between varios moving averages like sma , ema , wma , vwma and Hull MA and price to measure volatility and indicate crosses better. 1=SMA, 2=EMA, 3=WMA, 4=VWMA, 5=HullMA Moving average type can be selected from the settings of the indicator. the default value for the length of the moving averages taken as 50. Author: KıvanÇ @fr3762 on twitter (tweets are only in TURKISH) MAPD Fiyat ve çeşitli hareketli ortalamalar arası yüzde değeri hesaplamakta kullanılır. indikatörle fiyatın kesişimlerini daha yi görmek ve bir çeşit volatilite ölçümü için de kullanılır. Hareketli ortalamalar için varsayılan değer 50 bar olarak seçilmiştir/değiştirilebilir. 1=SMA, 2=EMA, 3=WMA, 4=VWMA, 5=HullMA olarak seçilebilir İndikatörü geliştiren: Tim Tillson
Pine Script® indicator
by KivancOzbilgic
13
WILDER'S Moving Average by fr3762 KIVANCThe Wilder’s Moving Average indicator (Wilder’s Smoothed Moving Average ) was developed by Welles Wilder and introduced in his 1978 book, “New Concepts in Technical Trading Systems.” Mr. Wilder did not use the standard EMA formula; instead, the following formula is used: EMA = Input * K + EMA * (1-K), where K = 2 / (N+1). Then to find the Wilder’s Moving Average, the following calculation is performed: Input * K + EMA * (1-K), where K =1/N. Type to use Moving averages are commonly used to identify trends and reversals as well as identifying support and resistance levels. Moving averages such the WMA and EMA , which are more sensitive to recent prices (experience less lag with price) will turn before an SMA . They are therefore more suitable for dynamic trades, which are reactive to short term price movements. Moving averages such as the SMA move more slowly providing valuable information on the long dominant trend. They can however be prone to giving late signals causing the trader to miss significant parts of the price movement. Trade Signals Moving Average Crossovers: Moving average crossovers is a term applied when more than one moving average is used to generate a trade signal where traders will act when the shorter term moving average crosses the longer term moving average. A bullish crossover occurs when the shorter term moving average crosses above the longer term moving average (golden cross). A bearish crossover occurs where the shorter term moving average crosses below the longer term moving average (dead cross). Price crossovers: A Price crossover is a term applied when a signal is generated where the price crosses a moving average. Bullish signals are given when the price moves above the moving average, bearish signals are given when the price moves below the moving average. Crossover trades are more likely to enjoy success when the moving average slopes are in the direction of the trade. Support and Resistance: Moving averages can also act as a support level in an uptrend and resistance levels in a downtrend. If the average is widely followed orders in favour of the trend often cluster around the average. As markets are often driven by emotion and many players trade counter to the trend expect overshoots, to this extent the average should be used to identify support and resistance zones rather than exact levels. from: mahifx.com Developed by WELLES WILDER
Pine Script® indicator
by KivancOzbilgic
10
Heikin Ashi Smoothed (yasinipek) by KIVANC fr3762Heikin Ashi Smoothed Strategy A trend trading forex system composed of the Smoothed Heiken Ashi candlestick indicator and moving averages. It works best on the 1 hour charts and higher time frames. buy when blue line crosses above red conversely sell when red line crosses above blue Author: Yasin İpek @yasinipek83 on twitter / www.yasinipek.com & KıvanÇ @fr3762 on twitter (tweets are only in TURKISH)
Pine Script® indicator
by KivancOzbilgic
12
ICHIMOKU Kinko Hyo by KIVANC fr3762Created in 1940's by Goichi Hosoda withe the help of University students in Japan. Ichimoku is one of the best trend following indicators that works nearly perfect in all markets and time frames. Ichimoku is originally an built in indicator in Tradingview but there are some problems like: the indicator hast 5 lines but you can change only 4 parameters in the settings menu of Tradingview Charts which you could only control 3 of the lines effectively. A second problem is that Tradingview preferred to use English titles for the ICHIMOKU lines instead of giving them the most common original Japanese ones. (So I rewrite the indicator) Kijun Sen (blue line): Also called standard line or base line, this is calculated by averaging the highest high and the lowest low for the past 26 periods. Tenkan Sen (red line): This is also known as the turning line and is derived by averaging the highest high and the lowest low for the past nine periods. Chikou Span (Plum line): This is called the lagging line. It is today’s closing price plotted 26 periods behind. Senkou SpanA (green line): The first Senkou line is calculated by averaging the Tenkan Sen and the Kijun Sen and plotted 26 periods ahead. Senkou SpanB (purple line): The second Senkou line is determined by averaging the highest high and the lowest low for the past 52 periods and plotted 26 periods ahead. PERSONALLY I ADVISE YOU TO USE ICHIMOKU WITH DEAFULT LENGTHS (9,26,26,52,26) IN ORDER FOR STOCK MARKETS AND FOREX MARKETS FOR CRYPTO YOU'D BETTER USE: 10,30,30,60,30 OR 20,60,60,120,60 THE TRICKY THING IS THAT KEEPING THE 1-3-3-6-3 RATIO CONSTANT IS NECESSARY Here's a link of my Youtube video explaining ICHIMOKU but unfortunately only in TURKISH: www.youtube.com Developed by: Goichi Hosoda
Pine Script® indicator
by KivancOzbilgic
22
TrendStop by mavilim0732 and KIVANC fr3762TREND STOP is a trend following and Stop Loss indicator. Prices are on trend after Green line suddenly crossing below prices, conversely bearish after crossing above... The absolute Stop Level is the red line. Macd and also Directional indicator signals considered as buy signals in calculating the Trend Stop indicator. ALSO users can change the 21 Period calculation of the indicator between EMA and the default option of VWAP . creator: @mavilim0732 on twitter
Pine Script® indicator
by KivancOzbilgic
13
DARVAS BOX by KIVANÇ fr3762What Is the Darvas Box? The Darvas Box strategy was developed by Nicholas Darvas. Aside from being a well known dancer, he began trading stock in the 1950s. Based on his success in trading, he was approached to write a book on his strategy. The book, “How I Made $2,000,000 in the Stock Market,” outlines his rather simple approach … simple once you understand the basic concepts and rationale of the strategy. Darvas Box is an indicator that simply draws lines along highs and lows, and then adjusts them as new highs and lows form. The indicator is available on many trading platforms, such as Thinkorswim. Traders may wish to draw their own boxes though, based on recent highs and lows; Darvas was able to do so (based on telegram quotes) more than half a century ago. Darvas Box Rules I shall not follow advisory services. I shall be cautious of broker advice. I shall ignore Wall Street sayings or truisms, no matter how ancient or revered. I shall only trade stocks on major exchanges with adequate volume . I shall not listen to (or trade off of) rumors or tips, no matter how well researched they may sound. I will use a sound strategy instead of gamble…I must study this strategy (originally this approach was fundamental analysis , which didn’t work for him, so he developed his Darvas Box trading method). I will hold one position for longer, as opposed to juggling a bunch of positions for a short period of time. Darvas looked for increasing volume when selecting stocks to trade; this alerted him to stocks that were being accumulated and were likely to see strong trends. Darvas believed in buying stocks that presented an upper box limit breakout, but also had an upward Earnings trend. This was especially the case when the major indexes had experienced a decline. When an upper box limit is broken, buy. From his book, the entry price was usually about 1 to 2% above the upper box limit. If you enter a trade and the price proceeds to drop out of the new box, and back into the old box, exit the trade. Entry and stop loss orders should be set in advance, so trades aren’t missed and risk is controlled. Place, and trail the stop loss order to below the low of the most recent box. This initial stop loss was pretty tight, because Darvas assumed when a price broke out of an old box, it was entering a new box. Therefore, the stop was placed just below the high of old box which was just broken (low of new box). Record trades, including reasons why you entered and exited. General conditions of the market must favor buying. Don’t buy stocks when the major indexes are in a bear market, or when volume is flat or declining. If you are stopped out, but the price moves back into the higher box again providing another buy signal, buy again, using the same stop loss location. Since the stop is being trailed up, more funds can be added on each consecutive breakout. The Bottom Line Nicholas Darvas was a dancer, but committed a great deal of time to developing and then mastering his stock trading method. It’s a trend following method based on breakouts to higher boxes. Risk is controlled by placing a stop below new higher boxes as they form. During choppy conditions the strategy won’t be profitable. This is why Darvas also attempted to only trade stocks with increasing volume and rising Earnings . Trading his method requires a lot of discipline, but can produce big profits when strong trends develop. source: traderhq.com Creator: Nicholas DARVAS
Pine Script® indicator
by KivancOzbilgic
24
Directional Movement Oscillator by KIVANÇ fr3762Directional Movement Oscillator is simply the difference of Di+ and Di- which helps traders to see the crosses of BUY/SELL signals more effectively. Di+ crosses above Di- when indicator crosses above 0 which can be considered as a BUY signal. and conversely Di+ crosses below Di- when indicator crosses below 0 which can be considered as a SELL signal. Additionally I put a second (OPTIONAL) line (Signal line) which is a 8 bar SMA ( Simple Moving Average ) of DMOSC to confirm signals for further assistance. Users can add the second optional line (Signal Line) by checking the box : Show SMA line? on the INPUTS section of the indicator SETTINGS menu.
Pine Script® indicator
by KivancOzbilgic
13
Tillson T3 Moving Average by KIVANÇ fr3762Developed by Tim Tillson, the T3 Moving Average is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well. However, it bears the disadvantage of overshooting the price as it attempts to realign itself to current market conditions. It incorporates a smoothing technique which allows it to plot curves more gradual than ordinary moving averages and with a smaller lag. Its smoothness is derived from the fact that it is a weighted sum of a single EMA , double EMA , triple EMA and so on. When a trend is formed, the price action will stay above or below the trend during most of its progression and will hardly be touched by any swings. Thus, a confirmed penetration of the T3 MA and the lack of a following reversal often indicates the end of a trend. The T3 Moving Average generally produces entry signals similar to other moving averages and thus is traded largely in the same manner. Here are several assumptions: If the price action is above the T3 Moving Average and the indicator is headed upward, then we have a bullish trend and should only enter long trades (advisable for novice/intermediate traders). If the price is below the T3 Moving Average and it is edging lower, then we have a bearish trend and should limit entries to short. Below you can see it visualized in a trading platform. Although the T3 MA is considered as one of the best swing following indicators that can be used on all time frames and in any market, it is still not advisable for novice/intermediate traders to increase their risk level and enter the market during trading ranges (especially tight ones). Thus, for the purposes of this article we will limit our entry signals only to such in trending conditions. Once the market is displaying trending behavior, we can place with-trend entry orders as soon as the price pulls back to the moving average (undershooting or overshooting it will also work). As we know, moving averages are strong resistance/support levels, thus the price is more likely to rebound from them and resume its with-trend direction instead of penetrating it and reversing the trend. And so, in a bull trend, if the market pulls back to the moving average, we can fairly safely assume that it will bounce off the T3 MA and resume upward momentum, thus we can go long. The same logic is in force during a bearish trend . And last but not least, the T3 Moving Average can be used to generate entry signals upon crossing with another T3 MA with a longer trackback period (just like any other moving average crossover). When the fast T3 crosses the slower one from below and edges higher, this is called a Golden Cross and produces a bullish entry signal. When the faster T3 crosses the slower one from above and declines further, the scenario is called a Death Cross and signifies bearish conditions. I Personally added a second T3 line with a volume factor of 0.618 (Fibonacci Ratio) and length of 3 (fibonacci number) which can be added by selecting the box in the input section. traders can combine the two lines to have Buy/Sell signals from the crosses. Developed by Tim Tillson
Pine Script® indicator
by KivancOzbilgic
50
Vertical Horizontal Filter VHF by KIVANÇ fr3762Vertical Horizontal Filter Vertical Horizontal Filter (VHF) was created by Adam White to identify trending and ranging markets. VHF measures the level of trend activity, similar to ADX in the Directional Movement System. Trend indicators can then be employed in trending markets and momentum indicators in ranging markets. Vary the number of periods in the Vertical Horizontal Filter to suit different time frames. White originally recommended 28 days but now prefers an 18-day window smoothed with a 6-day moving average. Trading Signals Vertical Horizontal Filter does not, itself, generate trading signals, but determines whether signals are taken from trend or momentum indicators. Rising values indicate a trend. Falling values indicate a ranging market. High values precede the end of a trend. Low values precede a trend start. I have added an option to plot a deafult value of 14 bar EMA too, to clarify the signals. Formula To calculate the Vertical Horizontal Filter: Select the number of periods (n) to include in the indicator. This should be based on the length of the cycle that you are analyzing. The most popular is 28 days (for intermediate cycles). Determine the highest closing price ( HCP ) in n periods. Determine the lowest closing price (LCP) in n periods. Calculate the range of closing prices in n periods: HCP - LCP Next, calculate the movement in closing price for each period: Closing price - Closing price Add up all price movements for n periods, disregarding whether they are up or down: Sum of absolute values of ( Close - Close ) for n periods Divide Step 4 by Step 6: VHF = ( HCP - LCP) / (Sum of absolute values for n periods) created by Adam White
Pine Script® indicator
by KivancOzbilgic
7
VOLUME WEIGHTED MACD V2 VWMACDV2 BY KIVANÇ fr3762Second version of Buff Dormeier's Volume Weighted MACD indicator.... Here in this version; Exponential Moving Averages used and Weighted by Volume instead of using only vwma ( Volume Weighted Moving Averages). I personally asked Mr Dormeier, the developer of this indicator, and he confirmed this second version could be used. I personally think that this one is more effective when comparing with the vwma version... Volume Weighted MACD Volume Weighted MACD (VW-MACD) was created by Buff Dormeier and described in his book Investing With Volume Analysis. It represents the convergence and divergence of volume-weighted price trends. The inclusion of volume allows the VW-MACD to be generally more responsive and reliable than the traditional MACD . What is MACD (Moving Average Convergence Divergence)? Moving Average Convergence Divergence was created by Gerald Appel in 1979. Standard MACD plots the difference between a short term exponential average and a long term exponential average. When the difference (the MACD line) is positive and rising, it suggests prices trend is up. When the MACD line is negative, it suggests prices trend is down. A smooth exponential average of this difference is calculated to form the MACD signal line. When the MACD line is above the MACD signal line, it illustrates that the momentum of MACD is rising. Likewise, when the MACD is below the MACD signal line, the momentum of the MACD falls. This difference between the MACD line and the MACD signal line is frequently plotted as a histogram to highlight the spread between the two lines. What is the difference between MACD and VW-MACD? Volume Weighted MACD is substituting the two exponential moving averages to compute the MACD difference with the two corresponding Volume-Weighted Moving Average . Thus, VW-MACD contrasts a volume-weighted short term trend from the volume-weighted longer term trend. The signal line is left as an exponential moving average because VW-MACD line is already volume weighted. Developer: Buff Dormeier @BuffDormeierWFA on twitter
Pine Script® indicator
by KivancOzbilgic
17
INTRADAY INTENSITY INDEX IIIX by KIVANÇ fr3762DEFINITION of 'Intraday Intensity Index' A volume based indicator that depicts the flow of funds for a security according to where it closes in its high and low range. This indicator was developed by Dave Bostian. Its goal is to track the activity of institutional block traders. A technical indicator that approximates the volume of trading for a specified security in a given day. It is designed to help track the activity of institutional block traders and is calculated by subtracting the day's high and low from double the closing price, divided by the volume and multiplied by the difference between the high and the low. John BOLLINGER advised to use this indicator as a confirmation tool with the BOLLINGER BANDS . If price tags the lower BBand, look for IIIX has positive values to enter a trade. Conversely; If price tags the upper BBand, look for IIIX has negative values to exit. Developer: David Bostian
Pine Script® indicator
by KivancOzbilgic
12
Moving Average Delta Indicator by KIVANC fr3762Description: MAD stands for Moving Average Delta, it calculates the difference between moving average and price. The curve shows the difference in Pips. By calculating the delta between two points we can see more small changes in the direction of the moving average curve which are normally hard to see. You can see the MAD curve as look through the microscope at a simple moving average curve. It may help predicting a trend change before it happens, the sample shows a beginning trend change from long to short. Interpretation: If the MAD curve is bigger than 0, the moving average is above the price conversely; If the MAD curve is smaller than 0, the moving average is below the price Before a trend change, the moving average gets flatter, the MAD curve points to towards the zero We can see what is the maximum rising/falling of the difference and predict an upcomming trend change Usage: Drop a simple moving average to a chart and set the period in a way that it best fits the movements. There is no "magic" settings for the moving average period, you may double click the MA line to set it to a different period. Drop the MAD indicator to the cart and give it the same period as your simple moving average .
Pine Script® indicator
by KivancOzbilgic
7
Volume Based Coloured BarsVolume Based Coloured Bars: Most of the time traders are confused about if the price movements were supported by VOLUME . This indicator colors the bars into volume weighted signals... When prices go down bars are red and contraversely when up, bars are green. Additionally we have two more colors for each situation: PRICE BARS ARE: DARK RED when prices go down and VOLUME is bigger than 150% of its (default 21 day) average, that indicates us price action is supported by a strong BEARISH VOLUME RED when prices go down and VOLUME is BETWEEN 50% AND 150% of its (default 21 day) average, at this situation we can think that volume is neither strong nor weak ORANGE when prices go down and VOLUME is just less than 50% of its (default 21 day) average, so the volume is weak and doesn't support the price action much DARK GREEN when prices go UP and VOLUME bigger than 150% of its (default 21 day) average, that indicates us price action is supported by a strong BULLISH VOLUME GREEN when prices go UP and VOLUME is BETWEEN 50% AND 150% of its (default 21 day) average, at this situation we can think that volume is neither strong nor weak LIGHT GREEN when prices go UP and VOLUME is just less than 50% of its (default 21 day) average, so the volume is weak and doesn't support the price action much 21 day Simple Moving Average used as default value which can be changed in the settings menu, 21 day is considered as a month for STOCK Markets, it would be more accurate to set the value to 30 for CRYPTO CURRENCIES
Pine Script® indicator
by KivancOzbilgic
59
Trailing Resistance Indicator by KıvanÇ fr3762TRAILING RESISTANCE INDICATOR is a helpful tool for traders to help one of the common problems that they face: where to buy/sell? by using trailing resistance you can easily decide and see possible upward movements and understand if you are in a safe zone. Using Trailing Resistance is just simple: Go long/ Buy when price crosses above the indicator, Stay on short position if prices are below the indicator. The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows.
Pine Script® indicator
by KivancOzbilgic
8