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[RS][NM]Improved Linear Regression Bull and Bear Power v01The base code for this indicator was created by RicardoSantos What I added is a signal line that indicates when to buy and when to sell. Advised use : Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34) Then use the following Rules of engagement : Current price > ZLEMA & Signal line of BBP_NM is green : BUY Current price < ZLEMA & Signal line of BBP_NM is red : SELL Please click the like button if you dig this indicator !
Pine Script® indicator
by Profit_Through_Patience
28
KK_Price Action Channel (TDI BH)Hey guys, this little script is an addition to another one I will release right after this. This is the Price Action Channel. The bands are calculated using a smoothed moving average of the highs/lows. I have taken the smoothed moving average script from the public library in order to create this, so all props to whoever created that one. I am fairly new to creating scripts so use it with caution and let me know what you think! EDIT: Here is the script I have written this one for:
Pine Script® indicator
by Kurbelklaus
7
Ehlers Early Onset TrendIn his article in this issue, “The Quotient Transform,” author John Ehlers introduces the quotient transform (QT), a zero-lag filter that can be used for the purpose of timely trend detection. The QT is an advancement of the technique he presented in his January 2014 S&C article, “Predictive And Successful Indicators.” This time, the output of a roofing filter (which includes applying a high-pass filter and SuperSmoother filter) is normalized. Code and other platforms www.traders.com Pinescript code Glaz and LazyBear
Pine Script® indicator
by glaz
11
[Bitcoin] Lastbattle's nose pickerI've been working on a top and bottom picker script over the past couple of weeks, based on RSI of multiple timeframe closing price. It've been a pretty good trading system that's tested over the last meteoric rise from 220~270 and back down to 230 right now, and I think it should be released to the community. Sure, I'm not worried about this strategy not working anymore after it is being used by the majority. Everyone have a different view of the market, and this is more towards psychology. It'll likely to hold for as long as there are still humans trading Bitcoins. Bitcoin market is full of emotions, you'll never run out of it. So why does it work? If you take a look at the live charts offered by Bitcoinwisdom and Cryptowatch, they only offer 1, 3, 5, and 15 minute timeframe by default with no other option to switch. Naturally more traders will look at these levels for oversold and overbought condition. The same indicator does not work for the broader commodities market such as Gold and Silver. How does it work? As long as the RSI levels of 1, 3, 5, and 15 minute fulfills the oversold/overbought level, a signal will be given. The overbought/oversold level gets compensated the higher volatility the market is in. Note: ** -This is only for exit strategy. If you're on long, consider reducing or exiting your position when it displays a red. On the other hand if you're short, consider reducing or covering your shorts if it shows a green. -It may give false signal in a trending market, use your trading experience and judgement to filter them out. (eg: uptrend usually have more than 1 legs AND after a long consolidation, RSI gets to oversold/overbought easily... the market will tend to test the support/resistance again.) -This is tuned for the 15m interval, the script won't work beyond this. I use it for scalping futures. Feel free to change or remove this line 'plot(interval == 15 and ' -Even if it shows a signal, it may not be the true top/bottom. Sometimes there may be a weak diverged leg aka 'last fart', so that's one reason I dont use this for entry until more confirmation is given via other indicators. ** If your chart is zooming all the way down to 0, right click on the price at the right and select 'Scale price only' Go ahead and try this out with willy, etc and see what works better :D Credits: -LazyBear for the volatility switcher script
Pine Script® indicator
by LastBattle
7
Godmode Oscillator, fresh bread generator, free to use!Greetings Mates, !!! If you want to use this tool for free you have to to following steps: 1) say thanks to LEGION who coded the first version. 2) say thanks to LAZYBEAR cause we ripped some code snippets from him. 3) say thanks to Ni6HTH4wK who coded the latest version. 4) say thanks to xSilas who gave the idea. 5) I know i said its a FREE Tool and you dont need to donate me cause i have Godmode :), but lets have a litte thought on all the people that are a bit poorer than us. It would be really great if we get some DOLLARS for a great charity action for children. 6) Feel free to spend some Bitcoins to this Address: 1BNjs1Prsux8YQawVWYfiYoxzoKzfReckX (i start and going to spend 1 BTC) (! the spended amount is revealed at the end!) 7) If you know said thankyou to everybody and may spend some dollars we can go on with Godmode trading. 8) Enjoy the Tool, merry Xmas and cheers for another great volatile bitcoin year :).
Pine Script® indicator
by xSilas
72
GODMODE OSCILLATOR, FRESH BREAD GENERATOR, FREE TO USE!Greetings Mates, !!! If you want to use this tool for free you have to to following steps: 1) say thanks to LEGION who coded the first version. 2) say thanks to LAZYBEAR cause we ripped some code snippets from him. 3) say thanks to Ni6HTH4wK who coded the latest version. 4) say thanks to xSilas who gave the idea. 5) I know i said its a FREE Tool and you dont need to donate me cause i have Godmode :), but lets have a litte thought on all the people that are a bit poorer than us. It would be really great if we get some DOLLARS for a great charity action for children. 6) Feel free to spend some Bitcoins to this Address: 1BNjs1Prsux8YQawVWYfiYoxzoKzfReckX (i start and going to spend 1 BTC) (! the spended amount is revealed at the end!) 7) If you know said thankyou to everybody and may spend some dollars we can go on with Godmode trading. 8) Enjoy the Tool, merry Xmas and cheers for another great volatile bitcoin year :). --------------------------------------------------------- Godmode How To: 1) Spikey Pattern ^ Godmode spikes with 0-5 caution dots, great OTE Signal. 2) Snake Pattern ~ extreme pressure building, more movement in same direction following. 3) Rounding Pattern U more than 5 caution dots, rounding pressure building "normally" more to come
Pine Script® indicator
by xSilas
12
Multi-Functional Fisher Transform MTF with MACDL TRIGGERWhat this indicator gives you is a true signal when price is exhausted and ready for a fast turnaround. Fisher Transform is set for multi-time frame and also allows the user to change the length. This way a user can compare two or more time spans and lengths to look for these MACDL divergent triggers after a Fisher exhaustion. With so many indicators, it's probably best to merge these indicators and change the Fisher and Trigger colors so you can still have a look at price action (remember to scale right after merger). I've noticed from time to time when you have Fisher 34 100 and 300 up and running on two different time frames such as 5 and 15 min charts, with MACDL triggers on the 100/300 or 34/100 you get a high probability trade trigger. However, there are rare exceptions such as when price moves in a parabolic state up or down for a long period where this indication does not work. Ideally this indicator works best in a sideways market or slow rising/descending moving market. This indicator was worked on by Glaz, nmike and myself LazyBear also introduced the MACDL indicator
Pine Script® indicator
by QuantitativeExhaustion
18