Get started

Indicators and strategies

Volume-Weighted Delta Strategy V1 [Kopottaja]Volume-Weighted Delta Strategy V1 Key Features: Volume-Weighted Delta: The strategy calculates a custom delta value based on the difference between the close and open prices, weighted by trading volume. This helps identify strong buying or selling activity. ATR Channels: The ATR channels are adjusted dynamically based on the delta value, which adds flexibility to the strategy by accounting for market volatility. Moving Averages: The strategy includes moving averages (SMA and EMA) for trend detection and signal confirmation. The 20-period EMA changes color based on the relationship between the delta value and its moving average. Signal Logic: Bullish Signals: Generated when the delta moving average crosses above the delta value, and the price crosses above the upper ATR band. Bearish Signals: Generated when the delta moving average crosses below the delta value, and the price crosses below the lower ATR band. Exit Conditions: Positions are closed based on reverse crossovers or specific ATR band thresholds. Customizable Parameters: Delta length, moving average length, ATR period, and volume thresholds are adjustable to suit various trading styles and instruments. Optimized for Bitcoin on a 5-Minute Timeframe: This strategy is particularly effective for trading Bitcoin on a 5-minute timeframe, where its sensitivity to volume and volatility helps capture short-term price movements and breakout opportunities. Visual Outputs: EMA plotted with dynamic colors indicating bullish (green) or bearish (red) conditions. ATR channels (upper and lower bands) plotted in green to outline volatility zones. Signals are logged in the strategy to automate buy/sell decisions. This strategy is ideal for traders seeking to incorporate volume and volatility dynamics into their decision-making process, especially for short-term Bitcoin trading. It excels at identifying potential trend reversals and breakout opportunities in both trending and range-bound markets.
Pine Script™ strategy
by Kopottaja
Trend Battery [Phantom]Trend Battery Visualize Trend Strength with a Dynamic EMA Power Gauge OVERVIEW The Trend Battery indicator offers a clear, visual representation of trend strength based on the alignment of multiple Exponential Moving Averages (EMAs). It assigns a color-coded score to each bar, helping traders quickly assess the prevailing trend's power and direction. CONCEPT • Trend Strength Using EMAs: The indicator analyzes the alignment of 20 EMAs (8 to 200 periods) to gauge trend strength. The more EMAs align, the stronger the trend. • Gradient-Based Visualization: Scores are mapped to a color gradient, transitioning from green (bullish) to purple (bearish), providing an intuitive visual representation of trend momentum. HOW IT WORKS Trend Battery calculates 20 EMAs and evaluates their alignment. When EMAs align in a strong trend, the bar colors change (as displayed in battery color key on chart) displaying a spectrum of colors from bright green (strong uptrend) to deep purple (strong downtrend). • Dynamic Bar Colors: o Green hues: Strong bullish trends. o Purple hues: Strong bearish trends. o Red hues: Weaker trends or potential transitions. FEATURES • Dynamic Color Coding: Easy-to-read and instantly assess trend. • Customizable Transparency: Adjust bar color opacity to your preference. • Optional EMA Display: Toggle individual EMA lines on/off for additional context. • Compact Battery View: Quick reference table displaying the gradient color mapping. SETTINGS • Transparency: Controls the opacity of bar colors. • Show EMAs on Chart: Enables/disables plotting of EMA lines. USAGE • Identify trend strength and direction. • Confirm trend reversals or continuations. • Complement other indicators and strategies. • Monitor multi-timeframe trends. TRADE IDEAS: • For larger timeframes purple hues can be used for accumulating and green hues for distribution. • For smaller timeframes, color transitions could be a signal for trend reversal, or corrections. • It is a good idea to use larger timeframes for overall trend directions, and smaller timeframes for entries. LIMITATIONS • Lagging Indicator: As the Trend Battery relies on Exponential Moving Averages (EMAs), it is inherently a lagging indicator. This means it reflects past price action and may not always provide timely signals for rapid market changes or sudden reversals. • False Signals in Sideways Markets: In ranging or consolidating markets, the indicator may produce mixed signals (frequent color changes) as EMAs intertwine without a clear trend. This can lead to false interpretations if not considered alongside other market context indicators. • Not a Standalone System: The Trend Battery is designed to be a visual aid and should not be used as the sole basis for trading decisions. It's most effective when combined with other technical analysis tools, such as oscillators, support/resistance levels, and fundamental analysis. DISCLAIMER Use the Trend Battery indicator in conjunction with other forms of analysis and risk management. Past performance is not indicative of future results.
Pine Script™ indicator
by Phantom_x3x
Volume Profile / Fixed Range Strategy with RSI SMAThis strategy utilizes the volume profile of the past x number of bars. The idea is that the majority of the time price is ranging, during this time the volume profile shows where the vast majority of trading occurs. The assumption is if price exceeds the 1st STD either upwards or downwards there is a good likelihood of a break to the upside. This is then coupled with the RSI for confluence, once the RSI breaks above the mid-point(50) this indicates strong upward momentum. Thus the system will go long if: Price is above 1st STD of the Volume Profile and RSI > 50 The system will go to cash if: Price has closed below the upper bound and the RSI < 50
Pine Script™ strategy
by Lux4J
EMA ivis Breakout StrategyEine bewährte Strategie kombiniert gleitende Durchschnitte (EMAs) mit einem Breakout-Filter, um nur bei klaren Markttrends zu handeln. Entwickelt habe ich diese für BTCUSD, funktioniert aber auch in anderen Assets. Ausstiegsregeln: Für den Stop-Loss: 1,5-fache ATR unterhalb/oberhalb des Einstiegskurses. Für den Take-Profit: 2-fache ATR über/unter dem Einstiegspunkt Zeit Filter: Der Indikator liefert nur in der definierten Handelszeit Signale. Diese können SIe selbstständig in den Einstellungen verändern. Die Strategie kann man bestens in 15min anwenden.
Pine Script™ indicator
by Hexometra
Swing-Based VWAPSwing-Based VWAP Summary: The "Swing-Based VWAP" indicator enhances traditional VWAP calculations by incorporating swing-based logic. It dynamically adapts to market conditions by identifying key swing highs and lows and calculating VWAP levels around these pivot points. This makes it a versatile tool for traders seeking actionable price insights. Explanation: What is Swing-Based VWAP? The Swing-Based VWAP is a modified version of the Volume-Weighted Average Price (VWAP). It calculates VWAP not only for a chosen timeframe (e.g., session, week) but also adapts dynamically to market swings. By identifying swing highs and lows, it offers more precise levels for potential price action. Unique Features: 1. Dynamic Swing Integration: - Uses pivot points to determine significant price levels. - Calculates VWAP based on these points to adapt to market trends. 2. User-Friendly Settings: - Includes options to hide VWAP on higher timeframes for chart clarity. - Flexible swing size input for adjusting sensitivity. How to Use: 1. Configuring Swing Settings: - Use the "Swing Setting" input to determine the sensitivity of swing detection. - Higher values identify broader swings, while smaller values capture more granular movements. 2. Enabling/Disabling VWAP: - Toggle VWAP visibility using the "Use VWAP" option. - The "Hide VWAP on 1D or Above" setting lets you control visibility on higher timeframes. 3. Anchor Period: - Select your preferred anchoring period (e.g., session, week) to match your trading style. 4. Adjusting the Data Source: - Use the "Source" input to select the price source (default: HLC3). 5. Visualizing Swing-Based VWAP: - The script plots a dynamic VWAP line based on detected swing points. - This line highlights average price levels weighted by volume and swing pivots.
Pine Script™ indicator
by TJalam
Estrategia Mejorada con EMAs Estrategia Mejorada con EMAs Este indicador está diseñado para identificar tendencias claras y generar señales de entrada y salida en operaciones de compra (CALL) y venta (PUT) basadas en la alineación de medias móviles exponenciales (EMAs). Incluye niveles de Take Profit (TP1, TP2, TP3) y Stop Loss (SL) calculados dinámicamente utilizando el ATR, así como alertas personalizables. Características principales: - **Identificación de tendencias:** Alineación de las EMAs 13, 48 y 200 para detectar tendencias alcistas o bajistas. - **Validación de volumen:** Verificación de volumen por encima del promedio para confirmar la fortaleza de las señales. - **Ruptura de niveles clave:** Detección de rupturas del máximo/mínimo del día anterior y del premercado. - **Gestión de riesgos:** Niveles de TP y SL configurables con multiplicadores basados en ATR. - **Visualización clara:** Iconos en el gráfico para señales de entrada, salida, TP y SL. - **Alertas:** Notificaciones para nuevas señales, niveles alcanzados de TP y activación de SL.
Pine Script™ indicator
by dgr_abogado
1
ForecastPro by BinhMyco1. Overview: This Pine Script implements a custom forecasting tool on TradingView, labeled "BinhMyco." It provides a method to predict future price movements based on historical data and a comparison with similar historical patterns. The script supports two types of forecasts: **Prediction** and **Replication**, where the forecasted price can be either based on price peaks/troughs or an average direction. The script also calculates a confidence probability, showing how closely the forecasted data aligns with historical trends. 2. Inputs: - Source (`src`): The input data source for forecasting, which defaults to `open`. - Length (`len`): The length of the training data used for analysis (fixed at 200). - Reference Length (`leng`): A fixed reference length for comparing similar historical patterns (set to 70). - Forecast Length (`length`): The length of the forecast period (fixed at 60). - Multiplier (`mult`): A constant multiplier for the forecast confidence cone (set to 4.0). - Forecast Type (`typ`): Type of forecast, either **Prediction** or **Replication**. - Direction Type (`dirtyp`): Defines how the forecast is calculated — either based on price **peaks/troughs** or an **average direction**. - Forecast Divergence Cone (`divcone`): A boolean option to enable the display of a confidence cone around the forecast. 3. Color Constants: - Green (`#00ffbb`): Color used for upward price movements. - Red (`#ff0000`): Color used for downward price movements. - Reference Data Color (`refcol`): Blue color for the reference data. - Similar Data Color (`simcol`): Orange color for the most similar data. - Forecast Data Color (`forcol`): Yellow color for forecasted data. 4. Error Checking: - The script checks if the reference length is greater than half the training data length, and if the forecast length exceeds the reference length, raising errors if either condition is true. 5. Arrays for Calculation: - Correlation Array (`c`): Holds the correlation values between the data source (`src`) and historical data points. - Index Array (`index`): Stores the indices of the historical data for comparison. 6. Forecasting Logic: - Correlation Calculation: The script calculates the correlation between the historical data (`src`) and the reference data over the given reference length. It then identifies the point in history most similar to the current data. - Forecast Price Calculation: Based on the type of forecast (Prediction or Replication), the script calculates future prices either by predicting based on similar bars or by replicating past data. The forecasted prices are stored in the `forecastPrices` array. - Forecast Line Drawing: The script draws lines to represent the forecasted price movements. These lines are color-coded based on whether the forecasted price is higher or lower than the current price. 7. Divergence Cone (Optional): - If the **divcone** option is enabled, the script calculates and draws a confidence cone around the forecasted prices. The upper and lower bounds of the cone are calculated using a standard deviation factor, providing a visual representation of forecast uncertainty. 8. Probability Table: - A table is displayed on the chart, showing the probability of the forecast being accurate. This probability is calculated using the correlation between the current data and the most similar historical pattern. If the probability is positive, the table background turns green; if negative, it turns red. The probability is presented as a percentage. 9. Key Functions: - `highest_range` and `lowest_range`: Functions to find the highest and lowest price within a range of bars. - `ftype`: Determines the forecast type (Prediction or Replication) and adjusts the forecasting logic accordingly. - `ftypediff`: Computes the difference between the forecasted and actual prices based on the selected forecast type. - `ftypelim`, `ftypeleft`, `ftyperight`: Additional functions to adjust the calculation of the forecast based on the forecast type. 10. Conclusion: The "ForecastPro" script is a unique tool for forecasting future price movements on TradingView. It compares historical price data with similar historical trends to generate predictions. The script also offers a customizable confidence cone and displays the probability of the forecast's accuracy. This tool provides traders with valuable insights into future price action, potentially enhancing decision-making in trading strategies. --- This script provides advanced functionality for traders who wish to explore price forecasting, and can be customized to fit various trading styles.
Pine Script™ indicator
by binhmyco
MM8 Advanced Regression HistogramMM8 Advanced Regression Histogram Description : The MM8 Advanced Regression Histogram is a professional-grade TradingView script that combines regression analysis with intuitive visual elements. This tool is designed to help traders identify key price trends, support/resistance zones, and volatility areas in a more efficient and visually appealing manner. ----------------------------------------------- Key Features: 1. Dynamic Regression Channel: - Automatically calculates and plots regression channels based on the selected length. - Uses a customizable multiplier to adjust the channel width, allowing users to adapt to different market conditions. 2. Histogram Visualization: - Divides the regression channel into customizable bins, helping traders see price distribution across the channel. - Histogram bars are color-coded to provide clear insights into price activity. 3. Gradient Coloring: - Smooth gradient colors shift from **blue (upper zone)** to **white (midpoint)** and **red (lower zone)**, giving traders an immediate visual cue about price positioning within the channel. 4. Customizable Style Options: - Adjustable line styles (solid, dashed, dotted) for regression lines. - Flexible histogram visibility and color options to suit individual preferences. 5. Real-time Adaptability: - Automatically updates as new bars are formed, ensuring traders always have the most up-to-date analysis. ----------------------------------------------- How to Use: 1. Apply the script to any standard candlestick chart 2. Adjust the Length parameter to define the number of candles for regression calculation. 3. Set the Bins Number to divide the channel into segments that suit your trading strategy. 4. Customize the Multiplier to adjust the channel width according to market volatility. 5. Toggle the histogram display and adjust its colors for better visualization. ----------------------------------------------- Best For: - Day traders and swing traders looking for precise price analysis tools. - Traders interested in combining regression analysis with visual histogram insights. - Identifying key support/resistance zones and potential breakout levels. ----------------------------------------------- Important Notes: - This script is designed for educational purposes and should not be used as a standalone trading signal. - Ensure proper risk management and market understanding while using this tool. ----------------------------------------------- Why MM8 Advanced Regression Histogram Stands Out: This script provides a seamless blend of mathematical accuracy and visual simplicity, making it an excellent choice for traders who value both precision and usability.
Pine Script™ indicator
by Captain-MM8
OBV Crossover SignalsPlacing a 20 EMA on the on balance volume indicator and adding arrows. When OBV crosses above the 20 EMA adds a green bullish candle to the indicator. When OBV crosses below the 20 EMA this adds a red bearish candle to the indicator. I use this in conjunction with another indicator I've programmed to add arrows to the price chart when price closes above or below the 20 EMA. When you have bullish arrows on both indicators, this is when to take bullish swing trades. When you have bearish arrows on both indicators, either stay away (if you're a bull) or its a time to take a bearish swing trade.
Pine Script™ strategy
by ckenney
Horizontal lines by AydmaxxIndicator Description: Horizontal Lines by Aydmaxx This indicator plots customizable horizontal lines on the chart to assist with technical analysis. It allows traders to define a starting price and a step size (gap) between the lines, making it versatile for a variety of strategies, such as identifying support, resistance, or key price levels. How to Use: Starting Price (Bottom): Enter the price level where the first (lowest) line should begin. This is your base level. Example: If you're analyzing a market with prices around 2550, you can set this value to 2550 to align the indicator with your focus. Gap (Step Size): Specify the interval or step size between consecutive lines. Example: If you want lines every 10 points, set this value to 10. Number of Lines: Adjust the total number of lines to display on the chart. Line Style and Width: Customize the appearance of the lines (solid, dashed, dotted) and their thickness. Line Colors and Transparency: Choose primary and secondary colors for alternating lines, and adjust the transparency to match your visual preferences. This indicator is ideal for visualizing price zones and can be tailored to suit any trading style. Adjust the parameters based on your market analysis to highlight key price levels effectively.
Pine Script™ indicator
by AydMax
AI+VPS Strategy by Vijay Prasad AI+VPS by Vijay Prasad Overview: The "AI+VPS Strategy by Vijay Prasad " is an advanced trend-following trading strategy combining AI-powered VPS Divergence Strategy and WoW Trends methodology. It integrates the power of VPS , which identifies market volatility and trend strength, with RSI Divergence to detect potential price reversals. This strategy aims to provide accurate entry signals for both long and short positions, leveraging both trend momentum and divergence analysis for enhanced market predictions. How It Works: The strategy first checks if the WoW Trends indicator signals a change in trend (from bullish to bearish or vice versa). It then applies the VPS condition to confirm volatility and trend strength. If both conditions align (e.g., bullish trend, volatility breakout), a buy signal is generated. Conversely, if the conditions are bearish, a sell signal is triggered. The system also analyzes RSI Divergence, using it to identify potential reversals and further confirm the trade direction. Trade positions are managed with profit targets and automatic exit strategies. "This strategy works best on shorter timeframes, like the 5-minute chart. For optimal results, use an ATR Multiplier of 2 and a VPS length of 8." Strategy Logic: WoW Trends + VPS Strategy : A combination of volatility-based trend conditions for more accurate entry signals. VPS Divergence Strategy: Detects divergence between price and RSI to spot potential reversals, ensuring that trades are only taken when market conditions favor them.
Pine Script™ strategy
by thanksbima