Juicy BowlingBand StrategyThis script gives you buy or sell signals based of the bowling band indicator. It is easy to understand and customize. We have also coded in alerts. This indicator works best at markeds that has trended in a direction for a while.
Search in scripts for "entry"
Mirror MACD by Trader JayThis is my take on the metatrader indicator, the mirror macd. Works pretty good on Forex, haven't tested on anything else
Enter long after the Blue Line Cross Up the Red Line and EXIT after the Green line Cross Up the Red Line (above the Blue Line).
For the opposite position : ENTER SELL after the Red Line Cross Down.
EMASARPLEASE READ THE FULL DESCRIPTION BEFORE BUYING OR USING THIS INDICATOR
EMASAR (pronounced Emma-sar) is a strategy based on Exponential Moving Averages and the Parabolic SAR . This is a position trading approach that is derived from Tyler Jenks’ Consensio.
This strategy was developed with four objectives in mind: (1) managing risk (2) protecting from missing out on major moves (3) maximizing risk:reward (4) staying in a trending market and taking profit before it fully reverses.
EMASAR does a great job at accomplishing all of the above through the buy and sell signals that are generated. The data provided below is from the signals that occurred on Bitcoin (Bitstamp) from January 1, 2015 to present (November 11, 2019).
(1) Risk is tightly managed, relative to the winners, and losing positions will be exited before the market moves too far against.
The biggest losing trade on Bitcoin, for the time period outlined above, is -18.47%.
(2) Following the EMASAR buy and sell signals guarantees that one will not miss out on a major trend. As a result of the indicators used for this system it is mathematically impossible for a major trend to occur without providing a buy or sell signal. This system isn't meant to catch exact tops or bottoms but it will do a great job of capturing ~85% of a trend.
(3) On average the winning trades will be 5.55 times the losing trades. There will be stretches where the losers are bigger than the winners and this could last for many months, maybe even a year. However, over the long run the average reward is expected to be 5.55 times the average risk*.
*Past performance does not guarantee future results!
(4) This indicator was designed to capitalize on parabolic markets, specifically Bitcoin and alt coins. Crypto markets have a tendency to get moving so fast that many indicators become all but useless.
Entries can get signaled too late and exits will get signaled way too early. This is specifically true when using oscillators that are designed to identify overbought or oversold environments. EMASAR does a great job of keeping us in a position for the duration of a trend and this includes the major parabolic runs that Bitcoin has a tendency to go on.
Take a look at the two charts below which illustrates the buy and sell signals that occurred at the beginning and end of the 2017 and 2019 parabolic moves. Green = Buy | Blue = Exit | Red = Short
Long signaled at $4,190.27 on September 29th, 2017
Exit signaled at $13,647 on January 14th, 2018
Short signaled at $12,050 on January 16th, 2018
Close Short signaled at $3,684 on February 18th, 2019
Long signaled at $3,684 on February 18th, 2019
Exit signaled at $9,614 on July 16th, 2019
Short signaled at $10,328 on July 22nd, 2019
When Bitcoin, or other alts, really get moving it can be very difficult to distinguish between a correction and a full reversal. We do not want to be exiting during a minor correction, instead this is a time when we want to be holding on or looking to buy the dip.
This is a very fragile balance. The market has a very strong tendency to make corrections looks like reversals and to make reversals look like corrections. Therefore it is very important to have a tool(s) that you trust to distinguish in between the two.
I believe that EMASAR is the best way to find that balance - if I knew of a better way then I would be using it instead!
Following these signals will help us to hold onto positions while the market is still trending in our favor when most think that it has moved too far / too fast, and it will also get us out before a market fully reverses.
Keep in mind that there will be times when we exit a market that is in danger of reversing, only to buy back higher later on. That is okay because it enables us to properly manage risk during times of uncertainty and buying back in at a higher price is more than worth the opportunity cost.
Lets look at the signals above in chronological order:
1) Close Long: $2,274
2) Open Short: $2,347
3) Exit Short: $2,934
4) Open Long: $2,766
5) Close Long: $3,124
6) Enter Long: $4,190
A long was closed at $2,274 after Signal #1 and was re-entered after Signal #4 at $2,766. Additionally a long was closed at $3,124 after Signal #5 and was re-entered on the following signal at $4,190. These are examples of some of the bad signals that will occur. Something to pay attention to is the ratio of the risk to the reward. When the market turns against us EMASAR will quickly signal an exit or a re entry.
EMASAR also works great in traditional markets. The S&P 500 has been on a tear lately after creating new all time highs in October of 2019. It has resumed it's strong bull trend and therefore it is a great market to have long exposure to. That being said we are well overdue for a correction and most people, including myself, expect the next bear market to be much more severe than the last two. Therefore I would not want to have long exposure unless equipped with a very reliable method for taking profit before it fully reverses.
Let's take a look at the S&P 500 weekly EMASAR signals using the preferred settings outlined below:
In August of 1990 EMASAR signaled a 'Close Long' at $308. At that time the market was in danger of fully reversing. When that didn't happen EMASAR gave a signal to re enter at $369 which resulted in losing 19.8% in opportunity cost. That is quite okay because it would have allowed us to properly protect ourselves in the event that the market proceeded to crash. Instead we entered a massive bull market that culminated in the dot com bubble. Notice how EMASAR kept us in for the entire duration of that bull run and then signaled an exit very close to the top at $1,294. It got us back in by the end of 2004 after the market had bottomed. Yet again it kept us in for the following multi year bull market before signaling an exit very close to the top at $1,270.
The action that followed in 2016 looks very similar to what happened in 1990 - 1991. An exit was signaled when the market was in danger of fully reversing. When that didn't happen a re entry was signaled 14% higher. Now the market appears to be taking off in another parabolic advance. There is no way to know how far this next run will go or how long it will last. Nevertheless I feel highly confident that I will be able to hold on for the majority of the trend and then get fully out before it reverses thanks to the signals provided by EMASAR.
When looking at the signals on Gold we will notice striking similarities to the signals in the S&P 500 as well as Bitcoin.
Notice how an entry was signaled very close to the bottom at $323 in June of 2002. An exit was also signaled very close to the top at $1,441 in April of 2013. Throughout that runup there was one bad signal that cost some opportunity. It's very important to understand that missing out on opportunity is well worth the price because it allows us to effectively manage risk. EMASAR also recently provided a long signal at $1,401 which preceded this recent runup.
Settings
Default settings work best for crypto, however the time multiplier should be adjusted for markets that are not open 24/7. For commodities and FOREX my default is 40 and for stocks I use 24. The Moving Averages can be adjusted as well. The period can be changed and you can also select SMA or EMA. I always use the EMA's and strongly prefer the 50 and 200. We have noticed good results with the 9 and 54 EMA's as well. The shorter the period that the Moving Average is set to the more frequent the signals will be. This will generally improve risk:reward while decreasing strike rate. For crypto the best time frames are the 4h and 6h. For traditional markets the best time frames are the Daily, 3D and Weekly. EMASAR can be used on smaller time frames as well, specifically in crypto. The 15m and 1h have shown good results.
Risks
The biggest risks with trading EMASAR revolve around disobeying the signals. Risk management is built into this system with the exit signals that will occur, however it is up to the individual to execute those signals. Passing on an exit signal could lead to a big loss which would have a dramatic impact on the ROI. Most trading systems will have small and medium losses with small, medium and large wins. That is exactly how this works. The small - medium losses and wins will mostly be a wash and will account for roughly 80% of the trades. The large wins will happen about 20% of the time and will make up 80% - 90% of the profits.
Therefore the two biggest risks are passing on signals entirely, or exiting preemptively. Getting chopped in and out of a market can be quite frustrating. If you become overwhelmed with negative emotions then it could cause you to pass up on the next signal. That signal will often be the one that more than makes up for the small - medium losses that preceded.
On average EMASAR will provide one signal every 6 weeks when using the default settings on the 4h chart. Therefore missing one entry could turn an otherwise profitable year into a loser. If electing to trade a system, whether it is EMASAR or another, it is crucial to commit to taking every signal regardless of outside variables (namely your personal bias about market direction or frustration that follows a losing stretch).
Another major risk with this system is taking too much profit too soon. When getting into a trade that has the potential to be a big winner it can be challenging to continue holding through the swings. Anyone that has watched paper profits vanish will be inclined to start exiting after the market makes a big move in his or her favor. While this is better than watching profits completely evaporate, this mistake can be enough to turn a profitable system into one that loses to the market. If 80% - 90% of our profits come from 10% - 20% of our trades then it is vital we do not cut those positions off at the knees.
If taking too much profit too soon then you will consistently turn potential large winners into medium winners. This may lead to making money over the long run which will make it very difficult to realize that anything is wrong. However making money and beating the market are two very different things. Exiting early and making money is nearly as big of a risk as missing entries entirely.
If you have the discipline to execute signals in a timely manner after they are triggered and the emotional control to let the winners run despite the appearance of a vastly overbought / oversold market, then you should have what it takes to beat the market with EMASAR.
If you are not an experienced trader then it is very important to start out small. The only way to learn is to trade in a live environment and the only way to succeed is to risk much less than you can afford to lose. If you have $2,000 to trade with then start with a maximum position size of $20 - $50 and don’t be shy about scaling that down even further. Focus on ROI instead of actual dollars made. If you can return 100% on a $20 roll then you should be able to do the same with a $2,000 roll.
Important Notes
Make sure that you read / understand the risks outlined above. If you jump into this without understanding the unique risks that this system entails then you are going to have a bad time.
This indicator was developed around the 4h and that is where it works best. For crypto adjusting to higher TF’s will cause for bad results as the entries / exits will be late to the party. For traditional markets the Daily - Weekly time frames are preferred. It was not originally intended for smaller TF's but we have seen some good results on the 15m and 1h. The RSI can be a great compliment when using on smaller TF's. Adding a rule for not entering when RSI > 75 or < 25 and instead entering when RSI retests 50 will help to avoid some bad signals.
Alerts can be set for this indicator. Simply make sure that it is visible on the chart, then click the alert icon on the top panel. In the first dropdown set 'Condition' to 'EMASAR' and the second 'Condition' for the upcoming signal. For example if just entered long then set the second condition to 'Close Long' and you will be notified as soon as that signal occurs. If waiting for the next long entry then set the second condition to 'Open Long' so on and so forth. There is an 'All in One' alert that is also available. If you select that then you will be alerted any time that a signal occurs. The message will tell you to check the chart to see which signal caused the alert.
How to Buy
The EMASAR Indicator is available for purchase on my website. The link can be found in my signature or in the tagline of my Trading View profile.
The price is $500 per year which is only payable in Bitcoin. That also includes access to a private Telegram group.
NCTA Trend BiasTrend Bias
The NCTA Trend Bias indicator is designed to show traders the overall directional bias of the market. It is excellent in short 1, 3, and 5 minute timeframes for futures traders and short term options traders. Longer timeframes such as the 5, 10, and 30 minute timeframes work well for options traders.
This indicator is used by displaying it twice on the chart. For 1, 3, and 5 minute charts, one of the Trend Bias indicators is set at Fast and the other is set at Medium.
For 30 min or higher charts, one Trend Bias Indicator is set at Medium and the other one is set at Slow.
The indicator consists of three trend lines; a fast signal, a medium signal, and a slow signal. There is a possible trade entry when the fast signal crosses either the medium and/or slow signals.
HOW TO USE: The most effective way to use this indicator is to have it displayed twice, using the settings described above for the relevant chart timeframe.
When both indicators show the fast line (blue line) crossing above the medium (red) or the slow (green) line, it implies an opportunity to go long or buy a call. When both indicators show the fast line crossing below the medium and/or slow line, it implies an opportunity to go short or buy a put.
The Trend Bias Indicator also provides a powerful directional bias entry when used in alignment with the Awesome Oscillator. Green AO aligned with a long Trend Bias entry or red AO aligned with a short Trend Bias entry.
For information on gaining access to this indicator, please see the link below in our signature field.
RTYZ2019
NASDAQ:AMZN
Ranging Script For Cash CrewDisclaimer:
THIS IS NOT A TESTED STRATEGY BY ANY MEANS AND SHOULD NOT BE TRADED UPON. ONLY USE IT TO LEARN AND I AM NOT GURANTING ANYTHING AS THIS IS NOT TESTED AND COULD VERY WELL NOT BE A GOOD INDICATOR. IT IS STILL IN INITIAL DEVELOPMENT PHASE.
The yellow lines above and below the candles are known as the entry/extension lines. They represent when there is a potential entry. The line above is for short entries and the line below is for long entries. The red line that is above the bottom yellow line, but below the candles is the exit point for a long position in the event that it entered one when the price crossed below the long entry line. The green line above the candle represents the short exit price in the event a position enters on that candle. The input labeled "TP Line Standard Deviation" adjusts the standard deviations of the last 20 candles high and open difference for above the lines above the candle and the last 20 candles open and low difference for the lines below the candle. These values gathered are then added to the open price of the candle to form the lines. The larger the number of deviations, the further it will go from the candles. The "Entry Multiplier" represents the multiplier size for the entry line. The larger it is, the further away from the candle open it will be. Once the position is entered, the tp should not change and it is the current value of the exit line.
Percent Ladder Scalp Helper [BVCC]This is a simple proof of concept model for a tool that allows you to overlay a percent reference anchored on a specific price point. It projects a ladder of horizontal lines at percent levels 1%, 2%, 3%, 4%, and 5%. It will then begin filling in target zones when price closes above these targets. Above 5% all fills will be lime green, below entry, fill will be yellow as a warning and below SL, red to remind you GTFO of the trade.
this tool is intended for use in quick trade setups where the trader is looking to scalp for small percentages and will help save time in determining % based targets. The colored alarms are a bit fancy but simply serve as a graphical feedback system that can perhaps be developed into something more useful in the future.
User may input entry price and preferred SL in the format dialogue.
If 'auto calculate sat value' is checked, then the user can enter whole numbers for their entry. For instance if your entry is at .00000585 sats, you can just enter 585. If you are working with something besides btc or prefer to enter full sat input, simply uncheck this option.
(JS) Bollinger Bands Momentum AverageSo this is something I've been using with my Squeeze system that I have found very useful (great addition especially if you use the Squeeze Arrows).
First thing I'd like to point out is that the default setting (20 SMA) is also the default for the Bollinger Bands basis line, so I recommend using the line set at the default.
First thing you'll notice is that whichever side of the line the candles close on, that basically determines the direction of the arrow for the Squeeze Arrows.
So this is extremely helpful in case momentum shifts after an arrow signal is given, if you see the price shoot to the other side of the line you can use that as a means of protection.
Second, the line is color coded in a way that I hope helps with entries and exits.
The colors of the line change based on two things:
1. If there is currently a squeeze.
2. Are the Bollinger Bands expanding or contracting.
Generally speaking, when the bands are contracting (light green and light orange default colors) this is the ideal time for entry before a trending move occurs.
Same thing on the flip side when they're expanding (dark green and dark orange default colors), that's usually the better time to exit.
Now what's the difference between orange and green?
Green = There's an ongoing squeeze
Orange = There's currently no squeeze
So playing the side of momentum when the line is light green and starts to break in a certain direction would be the ideal entry.
And, if momentum changes from that point, you can always use a close on the opposite side of the line as a stop (or an entry the other way).
This is something else I've been using on my own for a little while prior to publishing and it has been a tremendous tool for me. Hope it helps you all as much as it has me!
TrendMaster PremiumTrendMaster
TrendMaster is a complete trend following system with strict entry, exit and trade management criteria. The indicator is optimised for weekly, daily and 4-hour candlesticks and can be used for all trending markets. It was developed primarily for less experienced traders that struggle to determine relevant information from irrelevant information when viewing a candlestick chart. The indicator was built to solve the problem that all new traders face.
Setting Up The Indicator
After purchase, open the TradingView indicator library. Under the Invite-Only Scripts section, you will see TrendMaster. Add it to your chart. Next, you must customise your theme settings to allow TrendMaster to take over control of your candle colours. You can find a complete set-up tutorial on our website.
The Cloud
The indicator includes a moving average cloud which serves as a visual guide to local support and resistance. For a signal candle to print, price must trade above the moving average cloud and above the medium-term trend. By requiring multiple criteria we drastically reduce false entries. When price exits the cloud to the upside it typically trends above and finds support at the cloud during retracements.
Candle Colours
By default, TrendMaster will colour your candles in black and white. White candles indicate an uptrend in an asset and the candles will not change colour until the trend has reversed and a counter-trend signal has been printed. Black candles indicate a downtrend, they will remain black until a counter-trend long signal candle has been printed.
Signal candles
A signal candle is printed when the price of an asset closes above or below the moving average cloud and the medium term trend moving average. By requiring two criteria for a single candle to print we will see a drastic reduction in the number of false signals.
The TrendMaster entry technique further reduces the likelihood of false entries. To enter a trade we do not buy the signal candle immediately. Instead, we treat the signal candle as an indication that a trend change is possible. We want to see confirmation of this trend before making an entry. To enter we place a pending order a few ticks above or below the high or low of the signal candle. By doing this we only enter a trade when the asset has shown a continuation in the direction of the suggested trend change.
Once a trade has been taken we remain in that trade until either we have been stopped out on the break of a Williams fractal or the trend has reversed by printing an opposite to trend signal candle. It is important that we remain with the trend to ensure that we capture the maximum opportunity available.
If you would like to use TrendMaster or any of our other Indicators, please visit my site. Here you can purchase one of our packages which include indicators, market scanner bots and a large Discord community. You will also find educational content and how to guides for our indicators.
Our Story
Founded in 2018 by IchimokuScholar and C00kie, TrendMaster is a team that produces technical analysis indicators with an emphasis on simplicity and noise reduction. We support a large community with educational content, automated market scanners and mentoring in our private chat rooms. We produce technical analysis indicators geared primarily towards the emerging Cryptocurrency asset class. We provide educational material to assist trader development and host a large online trend following community. All of our products are designed to help traders distinguish relevant information from background noise. Our indicators encourage disciplined trade management to maximise the opportunity captured while minimising losses.
IchimokuScholar
IchimokuScholar – In 2017 I retired from a career in higher education to focus on Trading. I like to trade long term trends, focusing primarily on continuation setups. I am dedicated to sharing my knowledge of trading and take great pleasure in simplifying technical analysis for newer traders.
C00kie
I started trading crypto in 2017 and immediately started coding a bunch of tools to improve my quality of life. Some definitely worked out better than others. Like to trade the higher timeframes and drawing horizontal lines on charts. I am also pretty much obligated to like cookies.
Generalized SSL by Vts// Generalized SSL:
// This is the very first time the SSL indicator, whose acronym I ignore, is on Tradingview.
// It is based on moving averages of the highs and lows.
// Similar channel indicators can be found, whereas
// this one implements the persistency inside the channel, which is rather tricky.
// The green line is the base line which decides entries and exits, possibly with trailing stops.
// With respect to the original version, here one can play with different moving averages.
// The default settings are (10,SMA)
//
// Vitelot/Yanez/Vts March 2019
Waddah Attar Explosion and WaveTrend Oscillator combinedWaddah Attar Explosion by LazyBear and WaveTrend Oscillator by Krypt.
All credits goes to LazyBear and Krypt, i have only done some combining with the two indicators, barcolors and BG colors to clarify entrys and exits.
Combine with CM_Williams Vix_Fix, Super Guppy R1.0 by JustUncleL and you have a powerful tool.
Barcolors to look for
Aggressive Buy 1 = Lime
Agressive Buy 2 = Aqua
Buy = Green
Sell 1 = Orange
Sell 2 = Red
This is my first try, so be nice to me :-)
market phases - JDThis indicator shows the relation of price against different period ma's.
When put in daily Timeframe it gives the 1400 Day (= 200 Weekly) and the 200 ,100 an 50 Daily.
The lines show the 200,100 and 50 ma in relation to the 1400 ma.
JD.
#NotTradingAdvice #DYOR
Market SCALPER v0.1This is my personnal script and rules for scalping Cryptocurrencies (on bitmex) and SP500 (or DAX or DJI) on 1 minute timeframe
Advantages:
-Simple to use with clear rules
-High success rate (if you follow the rules)
-cheap Stoploss
- Mean risk-reward ratio>2.2
-Possibility to catch and stay in big move
Rules:
1) Use heinkin ashi candles (remove noise)
2)Long entry:
- Price above SMA50 (SMA 50 rising is better)
-White line = entry long if RSI is not red
-Stop loss few ticks below the recent low
-Take profit when red line or dots appear above bars
3) Short entry
- Price belowSMA50 (SMA 50 fallingis better)
-redline = entry short if RSI is not green
-Stop loss few ticks above the recent low
-Take profit when white line or dots appear below bars
Contact by MP for access rules
Sim-Wave-DNA A nice script that helps finding tradable market conditions.
The Sim-Wave-DNA consist of 3 parts.
Volume
Money Flow
Advisor
Volumen bars > 0 show the Normalized Volume where the volume exceeding the pink line (exceeding the average of vol) is plotted in solide color
Money Flow bars < 0 show the amount of capital flowing in and out of the market, red is negative and green positive moneyflow.
The advisory (arrows) shows areas of caution, this are likely reversal areas.
Happy Trading
Shadow MACDThis Script is basically made by looking this video (watch it for more informations)
-> www.youtube.com
For me MACD is one of the best indicators out there so with a faster macd it can help me find my entrys easier in the market
So i added the 4C MACD ( by vkno422) with a histogram MACD
Those are the best settings that i found for this strategy. if you find better just let me know ;)
VFilterAlthough this script is inspired by the design of Elder Impulse script created by LazyBear, the engine is not the same.
The goal of this indicator is to filter price movement, establish direction, and manage risk. This indicator is not be used on its own, its only to be used to help establish entrys and exits.
The signals are created using a privately developed moving average on multiple time frames.
HOW TO
15, 60, 120, or 240 min chart
Green = Buy signal
Red = Sell signal
Blue = Bullish consolidation, or an aggressive/riskier buy signal
Yellow = Bearish consolidation. or an aggressive/riskier sell signal
Adjustment value is high due to the nature of the moving averages. Try using 400, 700, 900, or 950 for best results.
I suggest using this indicator with MACD and a levels indicator for price targets.
Looney's Forex Buy SignalsI created this Forex buy signal indicator to save myself some time when looking for buy opportunities. The signals are generated from a combination of several indicators such as the RSI, MACD, Wave Oscillator etc. I spent alot of time tweaking all the values to give me reliable signals. I trade one hour candles and generally get 50+ pips per signal.
If price goes down after the first signal and I get another signal, I buy again which means I get a average buy price (dollar cost average) and then sell when it reaches my profit level.
Alerts are built-in as well. The indicator does repaint at the moment so set the alert to "on candle close" to ensure that you get a valid signal. Longer timeframes works better and as mentioned I use 1 hour candle.
I will release the back-test of this indicator shortly where you can then enter your capital amount and set profit & stop loss levels to see how you would have performed based on historical data.
The current version is free and I will grant access on request.
Comments & suggestions welcome.
Daily ATR%If You are using a percentage of the Daily Average True Range in determining your stop placement,
this quick indicator is for You.
excerpt from investopedia.com/articles/trading/06/stopplacement.asp
ATR % Stop Method
The ATR% stop method can be used by any type of trader because the width of the stop is determined by the percentage of average true range (ATR). ATR is a measure of volatility over a specified period of time. The most common length is 14, which is also a common length for oscillators such as the relative strength index (RSI) and stochastics. A higher ATR indicates a more volatile market, while a lower ATR indicates a less volatile market. By using a certain percentage of ATR, you ensure that your stop is dynamic and changes appropriately with market conditions.
For example, for the first four months of 2006, the GBP/USD average daily range was around 110 to 140 pips. A day trader may want to use a 10% ATR stop - meaning that the stop is placed 10% x ATR pips from the entry price.In this instance, the stop would be anywhere from 11 to 14 pips from your entry price. A swing trader might use 50% or 100% of ATR as a stop. In May and June of 2006, daily ATR was anywhere from 150 to 180 pips. As such, the day trader with the 10% stop would have stops from entry of 15 to 18 pips while the swing trader with 50% stops would have stops of 75 to 90 pips from entry.
[RS]Linear Regression Bands V1experiment with linear regression, the purpose was to catch break outs early, but it creates to much visual noise
same as version 0 but with added margin filter and signal to mark entrys
Yon Hybrid Momentum + Breakout Scanner with BB SqueezeThis Pine Script indicator is a comprehensive momentum and breakout scanner that combines multiple technical analysis tools to identify high-probability trading setups. Here's what it does:
Core Features:
1. Trend Identification (EMA System)
Uses two EMAs (9-period fast, 20-period slow) to determine trend direction
Colors the chart background: teal = uptrend, red = downtrend
An uptrend is confirmed when the fast EMA crosses above the slow EMA
2. Volume Analysis
Monitors volume spikes (when current volume exceeds 2x the 20-period average)
Volume spikes often indicate strong institutional interest or breakout momentum
Critical for confirming the validity of price movements
3. Momentum Indicators
MACD (12, 26, 9): Shows bullish/bearish crossovers with triangle markers
RSI (7-period): Identifies overbought (>70) and oversold (<30) conditions
VWAP: Shows the volume-weighted average price (purple line) - helps identify whether price is trading at fair value
4. Bollinger Bands & Squeeze Detection
Displays Bollinger Bands (20-period, 2 standard deviations)
BB Squeeze: Detects when volatility contracts to its lowest level in 20 bars
Squeezes often precede explosive breakout moves (like a coiled spring)
Orange squares appear at the bottom when a squeeze is detected
5. Breakout Detection
The script identifies breakouts using TWO methods:
Price breakout: Close above the recent 20-bar high
BB breakout: Close above the upper Bollinger Band
Confirmed breakout: Must have uptrend + volume spike + one of the above conditions
Shows a green "BREAKOUT" label when all conditions align
6. Live Status Label
A label in the top-right displays real-time market conditions:
Current trend (UPTREND/DOWNTREND)
Volume status (VOL SPIKE/Normal Vol)
RSI condition (HOT/COOL/Neutral)
Squeeze status (if active)
7. Alerts
Two automated alerts:
Breakout Alert: Triggers when a confirmed breakout occurs
Squeeze Alert: Triggers when Bollinger Bands enter a squeeze
Trading Use Cases:
This indicator is ideal for:
Swing traders looking for momentum setups with strong volume confirmation
Breakout traders who want to catch explosive moves after consolidation
Day traders monitoring multiple timeframes for high-probability entries
Watchlist scanning to quickly identify which stocks/cryptos are showing momentum
How to Use It:
Setup Phase: Look for BB squeeze markers (orange squares) - these signal compression
Confirmation: Wait for volume spike + uptrend + MACD bullish crossover
Entry: When "BREAKOUT" label appears with all confirmations
Validation: Price should be above VWAP and RSI not extremely overbought
The script essentially automates the process of finding stocks that are "coiling up" and ready to make a big move, then confirms when that move actually happens with volume.
RT Price-Action Swings — Real-Time High/Low (No Pivots)What it is:
A pure price-action tool that prints the latest Swing High and Swing Low in real time—no pivot/zigzag look-ahead, no indicators beyond price. Each swing comes with a dashed horizontal line (extends forward ~75% of a chosen bar window) and a label with the exact price.
How it works (simple):
Tracks the running peak in an up-leg and the running trough in a down-leg.
As soon as price pulls back by a threshold (ATR×multiplier or % move), the prior extreme is finalized as a Swing High/Low and drawn immediately.
Optional filters (off by default):
BOS (break of structure) & a basic reversal candle check to reduce noise.
Only the most recent Swing High and most recent Swing Low stay on the chart.
-----------------------------------------------------------------------------------------------
How to use it for scalping
A) Break-and-Go (momentum continuation)
Use when: market’s trending or momentum is strong (session open, news impulse, strong index breadth).
Wait for a fresh Swing High (in trend up) or Swing Low (in trend down).
Entry: Buy on a clean break above the Swing High line (or sell on a break below the Swing Low line).
Tip: For fewer fakeouts, require the break on candle close or a quick retest that holds.
Invalidation/Stop: Just beyond the opposite swing (tight, mechanical).
Longs: stop a tick below the current Swing Low.
Shorts: stop a tick above the current Swing High.
Targets:
First target = 1R (equal to risk).
Runner to 2R–3R or trail under/over minor HL/LH prints.
Filters (optional): Turn on Confirm at Close and BOS to avoid micro breaks in chop.
B) Break-Retest (structure respect)
Use when: trend is steady, not vertical.
Break of the Swing High/Low line occurs.
Price pulls back to the broken line and rejects (wick + quick reclaim).
Enter in the direction of the original break.
Stop = just past the line (tight), Target = 1.5R–2R or next intraday level.
C) Fade the Edge (range scalp)
Use when: market’s ranging, low volatility.
Let the tool print a new Swing High near the top of the range.
Look for failure to hold above that swing line (wick-through + close back below).
Short with stop just above the swing label; target the opposite swing or VWAP.
(Inverse for longs at range lows.)
Ultimate Stock Trend & Liquidity Screener1. Overview & Originality
This script is a comprehensive, all-in-one screening tool designed to identify high-quality, trend-following opportunities in global stock markets. Its originality lies in combining seven distinct logical checks—spanning liquidity, trend, momentum, and volatility—into a single, cohesive framework.
www.tradingview.com
The script's core innovation is its "Total Score" system. This feature moves beyond simple binary filtering by quantifying how well a stock meets the ideal criteria for a tradable trend. This allows you to rank entire watchlists to find the most promising candidates, not just the ones that meet a minimum threshold.
Designed for full integration with the TradingView ecosystem, the script outputs all individual conditions and the Total Score as separate columns in the Pine Screener, enabling deep and flexible market analysis.
2. Core Concepts & How It Works
Built on the classic principles of trend-following, this screener validates potential trades against a robust checklist. The default parameters are tuned for stock market analysis, using standard lookback periods like the 50 and 200-day moving averages.
The script systematically checks for:
Liquidity: Guarantees the stock is actively traded by filtering for minimum daily dollar volume (turnover) and a healthy 30-day average volume, which is critical for good execution.
Trend Confirmation: Employs the classic 50/200 Simple Moving Average "golden cross" structure to confirm a healthy, long-term uptrend.
Trend Quality: Includes an optional filter to verify that the long-term 200-day SMA is actively sloping upwards, ensuring the underlying trend has momentum.
Trend Strength: Uses the Average Directional Index (ADX) to filter out weak or sideways markets, focusing only on stocks in a strong, established trend.
Momentum: Confirms the trend is supported by sustained buying pressure by checking that the Relative Strength Index (RSI) is in a bullish regime (above 50).
Volatility: Requires a minimum level of volatility using the Average True Range (ATR) as a percentage of the price, ensuring the stock has enough movement to be tradable.
Strategic Entry: Offers a user-selectable "Entry Mode" to fit different trading styles:
Breakout Mode: Identifies stocks hitting new highs on a surge of volume.
Pullback Mode: Finds stocks already in a strong uptrend that are experiencing a healthy dip to a short-term moving average.
3. How to Use This Script
This indicator is designed for two primary workflows:
Single-Stock Analysis: Apply the script to any stock chart to see a detailed diagnostic table in the bottom-right corner. This table provides a real-time checklist for all 7 conditions and the Total Score.
Full Market Screening (Recommended):
Open the Stock Screener on TradingView.
Click "Filters" and select this script from the Pine Screener menu.
Click the "Columns" button and add the new columns generated by this script ("Total Score," "Liquidity OK," etc.).
You can now sort your entire watchlist by "Total Score" to find the best candidates or filter for stocks that meet a minimum score (e.g., Total Score > 5 ).
4. Inputs & Customization
All parameters are fully customizable in the script's "Settings" menu. You can easily adjust moving average lengths, thresholds, and lookback periods to tailor the screener to your specific strategy, timeframe, or market.
5. Disclaimer
This tool is for educational and analytical purposes only. It is not financial advice and does not guarantee any specific outcome or profit. Past performance is not indicative of future results. Always use this screener as part of a complete trading plan that includes your own analysis and risk management.
Momentum Variance OscillatorWhat MVO measures:
-PV (Price-Volume) Oscillator – how far price is from a volatility-scaled basis, then weighted by relative volume.
- > 0 = bullish pressure; < 0 = bearish pressure.
-|PV| larger ⇒ stronger momentum.
-Signal line (EMA of PV) – a smoother track of PV; crossings flag momentum shifts.
-Zero line gradient – instantly shows direction (greenish bull / reddish bear) and strength (paler → stronger).
-Extreme bands (±obLevel) – “hot zone” thresholds; being beyond them = exceptional push.
-Variance histogram – MACD-like view (PV minus slower PV-EMA) to see thrust building vs. fading.
-(Optional) Bar coloring & background tint – paints price bars and/or the panel on key events so you can read the regime at a glance.
-Auto-Tune – searches a grid of (obLevel, weakLvl) pairs and (optionally) auto-applies the best, ranked by CAGR vs. drawdown.
Core signals & how to trade them:
1) Define the regime:
-Bullish regime: PV above 0 and/or PV above Signal; zero line is in bull gradient.
-Bearish regime: PV below 0 and/or PV below Signal; zero line is in bear gradient.
-Action: Prefer trades with the regime (avoid fading strong color/strength unless you have a clear reversal setup).
2) Entries:
Momentum entry:
-Long: PV crosses above Signal while PV > 0.
-Short: PV crosses below Signal while PV < 0.
Breakout/acceleration:
-Long add-on: PV crosses above +obLevel (extreme top) and holds.
-Short add-on: PV crosses below −obLevel (extreme bottom) and holds.
-Histogram confirm: Growing bars in your direction = thrust improving; shrinking/flip = thrust stalling.
3) Exits / risk:
-Soft exit / tighten stops: PV loses the extreme and re-enters inside, or histogram fades/turns against you.
-Hard exit / reverse: Opposite PV↔Signal crossover and PV crosses the zero line.
-Weak zone filter: If |PV| < weakLvl, treat signals as lower quality (smaller size or skip).
4) Practical setup - Suggested defaults (good starting point):
-Signal length: 26
-Volume power: 0.50
-obLevel (extreme): 2.00
-weakLvl: 0.75
-Show histogram & dots: On
-Auto-Tune (recommended)
-Turn Auto-Select Best ON. MVO will scan obLevel 1.50→3.00 (step 0.05) and weakLvl 0.50→1.00 (step 0.05), then use the top-ranked pair (CAGR/(1+MDD)).
-If you want to see the top combos, enable the Optimizer Table (Top-3).
5) Visual options
-Bar Colors: Regime+Strength – bars follow the zero-line gradient (great for quick read).
-Extremes – paint only when beyond ±obLevel.
-Cross Signals – paint only on the bar that crosses an extreme.
-Background on breach: A one-bar tint when PV crosses an extreme.
6) Example playbook:
Long setup:
-Zero line shows bull gradient and PV > 0.
-PV crosses above Signal (entry).
-If PV drives above +obLevel, consider add-on; trail under the last minor swing or use ATR.
-Exit/trim on PV crossing below Signal or histogram turning negative; flatten on a drop through 0.
Short setup mirrors the above on the bear side.
7) Tips to avoid common traps:
-Don’t fade strong extremes without clear confirmation (e.g., PV re-entering inside + histogram flip).
-Respect the weak zone: if |PV| < weakLvl, signals are fragile—size down or wait.
-Align with structure: higher-timeframe trend and SR improve expectancy.
-Instrument personality matters: use Auto-Tune or re-calibrate obLevel/weakLvl across assets/timeframes.
8) Alerts you can set:
-Bull Signal X – PV crossed above Signal
-Bear Signal X – PV crossed below Signal
-Bull Baseline X – PV crossed above 0
-Bear Baseline X – PV crossed below 0