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Quickfingers Lucs Base Breaking Indicator v2.5 - 3Commas EditionIntroduction The indicator attempts to implement a popular price action strategy by Luc Thomas (a.k.a. Quickfingers Luc) typically referred to as a QFL base-breaking strategy specifically for the 3Commas platform. The Input settings have been redesigned to match the same inputs as the 3Commas My Bot Settings page. Only the "Deal Start Condition" section will echo the required QFL-related settings found in the original Quickfingers Luc's Base Breaking Indicator v2.5 to successfully implement the strategy. The strategy revolves around price action movements that reveal “bases”, which are price levels of support that have a significant, rapid price surges called “bounces”. Once a base is revealed, the base price level is used as reference to implement multiple entries below the base using a layering technique of dollar-cost averaging to place multiple limit orders at various price levels below the base price. As price action breaks below the base price, the limit orders will be filled, and the take profit, breakeven and stop loss prices will be recalculated. How is it original and useful? This indicator is unique in that the strategy version fully supports the TradingView backtester, which will enable you to perform experiments with various settings to evaluate performance using the historical chart data. The study version implements the "Start Deal" and "Close Deal" alerts for you to integrate with 3Comma's "Trading View Custom Signal" start condition. Both script versions will provide the same configuration abilities. The following list is a brief description of its usefulness: The ability to define the QFL base confirmation settings, including volume analysis. The ability to define your preferred layering strategy of either dollar-cost averaging (DCA) or grid-like layers along with precise layer placement. The ability to define your trading parameters like take profit and stop loss offsets, exchange commission rates, trading start time, and position size multiplication for each layer. The ability to define flexible trade eligibility rules that can use other chart indicators, like RSI or EMA, to exclude the selection of base prices for trading. The ability to set the visibility & color theme of the detailed statistics from the chart history pertaining to trading sessions started and closed, session durations, win rate, price action drops and bounces, as well as layer utilization. How does it compare to other scripts in the Public Library? The indicator offers a very detailed, comprehensive settings to implement the QFL base-breaking strategy ion 3Commas. The strategy version leverages the full features of the TradingView backtester to provide informative, detailed performance measurements surrounding this unique trading strategy. The study version will implement the latest alert framework called "Any Alert() Function" where you can create a single alert to handle multiple events, which include: Deal Start Deal Close What does it do and how does it do it? The strategy can be applied to any chart at any time frame, but the minimum should be no lower than 10 minutes. When applied to the chart for the first time, the default settings will work to render base price levels in orange and 8 DCA layers in thin blue lines. As you scroll through the chart's history you should see price action crossing the DCA layers, denoted with blue triangles, and a green take-profit line will render with green triangle denoting the crossing. Lastly, when a deal session begins upon the crossing of the first layer, the indicator will continue to identify base price levels, but the color of the price lines will be gray. When the trade session concludes upon the crossing of the take profit line, the indicator will switch the most recent base price line from gray to orange to make it active and eligible for trading. As price action develops, the indicator will use the "Base Confirmation Settings" to look back by counting the number of bars to the left and right of a pivot low point, measure the price drops and bounces, and volume amounts to validate that they are within the specified values. If so, the indicator will draw an orange triangle beneath the candle bar to denote it as the pivot low point and begin rendering the orange line as the base price. The DCA layers will be calculated and offset relative to the base price using thin blue lines. Optionally, the breakeven price line will be drawn to help visualize the true breakeven price which takes into consideration the exchange fees being applied. Base line, take profit, stop loss and DCA layer crossings will be denoted with colorful shapes to help visually recognize the events on the chart. The volume is validated only at the pivot low candle. It will measure the volume against the moving average to determine base confirmation. A volume factor of 1 will mean that the volume must be at least the same value as the moving average value. A volume factor of 2 means it must be twice the moving average value. Lastly, a table of statistics is positioned to the upper-right corner of the chart that summarize all the events that have taken place since the indicator began simulating deal sessions from the chart's history. Strategy Results The default settings are designed to define a "weak" QFL base to ensure that the indicator will render chart elements when first loaded as well as to allow the backtester to gather order executions and display performance summary. The strategy version is using $10,000 initial capital, a commission rate of 0.1% for both entries and exits, and a 1 tick slippage setting. It is also using 3.4881% of the equity for the Base Order Size, 4.7097% of equity for the first Safety Order Size. The Maximum Safety Trade Count is 7 with a Safety Order Volume Scale of 1.35, and a take profit of 5% with no stop loss. All other settings are defaults. It is recommended that the indicator be "tuned" for your specific market in order to best implement the QFL trading strategy and obtain better desirable results. You do so by using the statistics table and observe the Mean Price Drop and Bounce values to learn what the indicator is detecting when it measures from the pivot low points. Using this information, you can adjust the Base Confirmation Settings accordingly, along with any volume specifications you require, to configure the indicator for the chart. Always keep in mind that past performance may not be indicative of future results. Settings that seem favorable for one market may be found to be disastrous in another. Therefore, do take the time needed to understand how the settings will behave with the given chart symbol. Enjoy! 😊👍 How to obtain access to the script? You have two choices: Use the "Website" link below to obtain access to this indicator, or Send us a private message (PM) in TradingView itself.
Pine Script® indicator
by prosum_solutions
16
Quickfingers Luc's Base Breaking Indicator v2.5Introduction The indicator attempts to implement a popular price action strategy by Luc Thomas (a.k.a. Quickfingers Luc) typically referred to as a QFL base-breaking strategy. The strategy revolves around price action movements that reveal “bases”, which are price levels of support that have a significant, rapid price surges called “bounces”. Once a base is revealed, the base price level is used as reference to implement multiple entries below the base using a layering technique of dollar-cost averaging to place multiple limit orders at various price levels below the base price. As price action breaks below the base price, the limit orders will be filled, and the take profit, breakeven and stop loss prices will be recalculated. How is it original and useful? This indicator is unique in that the strategy version fully supports the TradingView backtester, which will enable you to perform experiments with various settings to evaluate performance using the historical chart data. The study version implements numerous custom alerts for you to build TradingView notifications around specific price action events and stay informed with market activity in real-time. Both script versions will provide the same configuration abilities where you can define: Base confirmation settings, including volume analysis. Your preferred layering strategy of either Dollar-cost averaging (DCA) or grid-like layers along with precise layer placement. Your trading parameters like take profit and stop loss offsets, exchange commission rates, trading start time, and position size multiplication for each layer. Flexible trade eligibility rules that can use other chart indicators, like RSI or EMA, to exclude the selection of base prices for trading. The visibility of detailed statistics from the chart history pertaining to trading sessions started and closed, session durations, win rate, price action drops and bounces, as well as layer utilization. How does it compare to other scripts in the Public Library? The indicator offers a very detailed, comprehensive settings to address all types of markets found on TradingView where you can implement the QFL base-breaking strategy. The strategy version can be considered the first of its kind on TradingView to leverage the backtester to provide informative, detailed performance measurements surrounding this unique trading strategy. The study version will contain numerous custom alerts to aid in your notification preferences and stay informed on the indicator's activities: Base Created Base Cracked Base Respected Any Layer Cracked Layer 1 Cracked Layer 2 Cracked Layer 3 Cracked Layer 4 Cracked Layer 5 Cracked Layer 6 Cracked Layer 7 Cracked Layer 8 Cracked Layer 9 Cracked Layer 1 Respected Layer 2 Respected Layer 3 Respected Layer 4 Respected Layer 5 Respected Layer 6 Respected Layer 7 Respected Layer 8 Respected Take Profit Crossed Stop Loss Crossed What does it do and how does it do it? It is recommended that you start with a chart that is on an hourly timeframe with the "Scale Price Chart Only" chart setting enabled. When applied to the chart for the first time, the default settings will work to render base price levels in orange and 8 DCA layers in blue using a Fibonacci-like sequence for the deviation offset relative to the base price. As you scroll through the chart's history you should see price action crossing the DCA layers, denoted with blue triangles, and a green take-profit line will render with green triangle denoting the crossing. Lastly, when a trade session begins upon the crossing of the first layer, the indicator will continue to identify base price levels, but the color of the price lines will be gray. When the trade session concludes upon the crossing of the take profit line, the indicator will switch the most recent base price line from gray to orange to make it active and eligible for trading. As price action develops, the indicator will use the "Base Confirmation Settings" to look back by counting the number of bars to the left and right of a pivot low point, measure the price drops and bounces, and volume amounts to validate that they are within the specified values. If so, the indicator will draw an orange triangle beneath the candle bar to denote it as the pivot low point and begin rendering the orange line as the base price. The DCA layers will be calculated and offset relative to the base price using thin blue lines. Optionally, the breakeven price line will be drawn to help visualize the true breakeven price which takes into consideration the exchange fees being applied. Base line, take profit, stop loss and DCA layer crossings will be denoted with colorful shapes to help visually recognize the events on the chart. The volume is validated only at the pivot low candle. It will measure the volume against the moving average to determine base confirmation. A volume factor of 1 will mean that the volume must be at least the same value as the moving average value. A volume factor of 2 means it must be twice the moving average value. Lastly, the very last bar will render a table of statistics that summarize all the events that have taken place since the indicator began simulating trading sessions from the chart's history. Strategy Results The default settings are designed to define a "weak" QFL base to ensure that the indicator will render chart elements when first loaded as well as to allow the backtester to gather order executions and display performance summary. The strategy version is using $10,000 initial capital, a commission rate of 0.1% for both entries and exits, and a 1 tick slippage setting. It is also using 3.4887% of the equity with a Position Size Multiplier of 1.35, using 8 total DCA layers, and a take profit of 5% with no stop loss. All other settings are defaults. It is recommended that the indicator be "tuned" for your specific market in order to best implement the QFL trading strategy and obtain better desirable results. You do so by using the statistics table and observe the Mean Price Drop and Bounce values to learn what the indicator is detecting when it measures from the pivot low points. Using this information, you can adjust the Base Confirmation Settings accordingly, along with any volume specifications you require, to configure the indicator for the chart. Always keep in mind that past performance may not be indicative of future results. Settings that seem favorable for one market may be found to be disastrous in another. Therefore, do take the time needed to understand how the settings will behave with the given chart symbol. Enjoy! 😊👍 How to obtain access to the script? You have two choices: Use the "Website" link below to obtain access to this indicator, or Send us a private message (PM) in TradingView itself.
Pine Script® indicator
by prosum_solutions
28
Binary Option Strategy Tester with MartingaleIn Binary options, strategy testing is a bit different. The script is just a try to test Binary options strategies. Assumption: We are opening position at next candle after signal come We are taking the position at opening price Our call will be profitable if we get a green candle and put will be profitable if we get a red candle We can open only one trade at a time. So if we are in trade, subsequent signals will be ignored. The script is not counting your profit or loss, it just counting the winning and losing trades. Input Options: Choose long only or short only test. Default is both. You can continue your trade with Martingale Level, up to 5. Default is 1 (no Martingale) You can choose Martingale trade type SAME: if call subsequent trade will be call only and vice versa OPPOSITE: if call subsequent trade will be put FOLLOW CANDLE COLOR: Subsequent trade will follow previous candle color OPPOSITE CANDLE COLOR: Subsequent trade will opposite of previous candle color You can choose trading session to test. Default is false. The strategy is taken from Vdub Binary Options SniperVX v1 (by @vdubus) . I have deleted extra parts and kept only the necessary part. Without Martingale Result Table With Martingale I am very new to Pine script, so waiting for your comments and review.
Pine Script® indicator
by tanayroy
16
RaBot V1.0.0Rabot is an indicator for new users as well as experienced users. This indicator tries to predict both buy and sell signals. You can configure it for both scalping and swing trading. It has two modes, one more "conservative", where the number of entries will be less than the other "greedy" mode. Based on the famous and complex indicator "Koncorde" that combines both trend and volume knowing the manipulation of strong and weak hands, patterns, and crossing of emas customized by us; for example: a buy signal in conservative mode will only open if the trend is bullish and vice versa. The user can configure the way they like by opening many positions or few but more secure based on their trading style. The indicator also has the option to configure which chart we want to obtain the trend from, this is to avoid perhaps opening shorts in a very bullish trend line for example. Rabot is a fairly complex indicator, which can be used for automatic use of inputs and outputs, as well as manual. You also have the option of NOT opening a position if there is one currently open, and the option for the next signal to be the opposite of the last one. 5TPs, 1SL, and Breakeven after take profit achieved. Finally version 1.0.0 is now available! :) This version does not have backtesting (we have another that yes) We are continuously working, testing and updating bugs and improvements. Do not hesitate to get in touch for a feedback, it will be welcome and we will take it into account.
Pine Script® indicator
by MarinoRaul
RaBot V1.0.0 - BacktestingRabot is an indicator for new users as well as experienced users. This indicator tries to predict both buy and sell signals. You can configure it for both scalping and swing trading. It has two modes, one more "conservative", where the number of entries will be less than the other "greedy" mode. Based on the famous and complex indicator "Koncorde" that combines both trend and volume knowing the manipulation of strong and weak hands, patterns, and crossing of emas customized by us; for example: a buy signal in conservative mode will only open if the trend is bullish and vice versa. The user can configure the way they like by opening many positions or few but more secure based on their trading style. The indicator also has the option to configure which chart we want to obtain the trend from, this is to avoid perhaps opening shorts in a very bullish trend line for example. Rabot is a fairly complex indicator, which can be used for automatic use of inputs and outputs, as well as manual. You also have the option of NOT opening a position if there is one currently open, and the option for the next signal to be the opposite of the last one. 5TPs, 1SL, and Breakeven after take profit achieved. Finally version 1.0.0 is now available! :) This version contains backtesting with 5000 backbars to see if it is being profitable or not. We are continuously working, testing and updating bugs and improvements. Do not hesitate to get in touch for a feedback, it will be welcome and we will take it into account.
Pine Script® indicator
by MarinoRaul
[Shitcoin Paradise]Take Profit + Stop LossThe Take profit + Stop loss indicator is built around The Matrix strategy , it is not suitable for anything else! *Use it only on 4h charts* How to use it: - when a setup from The Matrix is ready, set the date and hour when that setup happened - set the entry price - set the targets (you can use the default ones) - for conservative trading, check the "Use only one TP?" box - set alert messages for every event When the price reached the first TP, the stop loss will automatically be moved at entry price, yellow line (entry price) become red(stop loss). The indicator can be set to have 3 take profits (it takes longer to finish a trade, the reward is greater, but also the risk is bigger), or the conservative way, with only one take profit. The Take profit + Stop loss indicator uses 3 different stop losses in cascade, multiple algorithms and MTF to calculate them and calculate the starting point, from where the targets are calculated. Scenario 1: The price have a setup for continuing the trade, the price touches 1st TP, SL is moved to the entry price, the price reaches all targets => the trade is closed. Scenario 2: The price have a setup for continuing the trade, the price touches 1st TP, SL is moved to the entry price, the price fail to touch the other TPs and SL is triggered. Scenario 3: The price does not have a setup for continuing the trade, the SL is triggered. Scenario 4 (conservative trading): The price have a setup for continuing the trade, the price touches 1st TP => the trade is closed. For invites, more details and questions, you can send us a private message. Enjoy! Shitcoin Paradise
Pine Script® indicator
by Shitcoin_paradise
[Shitcoin Paradise]The MatrixThe Matrix strategy is a strategy developed by @zsone and @edward_Z, that combine multiple indicators and algorithms on various time frames. *Use it only on 4h charts* The Matrix is built for multiple currencies/pairs and user friendly. Features: - possibility to choose your own crypto currencies - setup is ready when the square from the Signal tab is green (3 green dots) - set only 1 alert for the entire script (no need to set one alert for each pair) - it uses multi time frames for better entries - it uses multiple confirmations - it have a safety net (you can set to not buy if the candle is greater than x%) - can be easily paired with 3commas or other trading platform via webhooks - it is user friendly, so it's ready to use/plug and play The Matrix strategy gives setups for entries, after that you can set your own exits (take profit, stop loss, trailing stop...), or you can use our Take Profit + Stop Loss indicator , which is built for The Matrix. For invites, more details and questions, you can send us a private message. Enjoy! Shitcoin Paradise
Pine Script® indicator
by Shitcoin_paradise
2
Supertrend with Chop SuppressionA Standard Supertrend indicator with Chop Suppression added to minimize bad entries when the market goes sideways. Chop Suppression will hide alerts/entry signals that otherwise would have been generated during sideway price action. Recommend using this indicator with a secondary long-term trend indicator such as VWAP or 200 EMA . Trade with the long-term trend for higher success rates. You can use either traditional fixed stop loss and profit taking or adjust the stop loss with the rising Supertrend line and exit when color of Supertrend changes. Good luck!
Pine Script® indicator
by LA_Crypto_Pirate
7
DAYOFWEEK performance1 -Objective "What is the ''best'' day to trade .. Monday, Tuesday...." This script aims to determine if there are different results depending on the day of the week. The way it works is by dividing data by day of the week (Monday, Tuesday, Wednesday ... ) and perform calculations for each day of the week. 1 - Objective 2 - Features 3 - How to use (Examples) 4 - Inputs 5 - Limitations 6 - Notes 7 - Final Tooughs 2 - Features AVG OPEN-CLOSE Calculate de Percentage change from day open to close Green % (O-C) Percentage of days green (open to close) Average Change Absolute day change (O-C) AVG PrevD. Close-Close Percentage change from the previous day close to the day of the week close (Example: Monday (C-C) = Friday Close to Monday close Tuesday (C-C) = Monday C. to Tuesday C. Green % (C1-C) Percentage of days green (open to close) AVG Volume Day of the week Average Volume Notes: *Mon(Nº) - Nº = Number days is currently calculated Example: Monday (12) calculation based on the last 12 Mondays. Note: Discrepancies in numbers example Monday (12) - Friday (11) depend on the initial/end date or the market was closed (Holidays). 3 - How to use (Examples) For the following example, NASDAQ:AAPL from 1 Jan 21 to 1 Jul 21 the results are following. The highest probability of a Close being higher than the Open is Monday with 52.17 % and the Lowest Tuesday with 38.46 %. Meaning that there's a higher chance (for NASDAQ:AAPL ) of closing at a higher value on Monday while the highest chance of closing is lower is Tuesday. With an average gain on Tuesday of 0.21% Long - The best day to buy (long) at open (on average) is Monday with a 52.2% probability of closing higher Short - The best day to sell (short) at open (on average) is Tuesday with a 38.5% probability of closing higher (better chance of closing lower) Since the values change from ticker to ticker, there is a substantial change in the percentages and days of the week. For example let's compare the previous example ( NASDAQ:AAPL ) to NYSE:GM (same settings) For the same period, there is a substantial difference where there is a 62.5% probability Friday to close higher than the open, while Tuesday there is only a 28% probability. With an average gain of 0.59% on Friday and an average loss of -0.34% Also, the size of the table (number of days ) depends if the ticker is traded or not on that day as an example COINBASE:BTCUSD 4 - Inputs DATE RANGE Initial Date - Date from which the script will start the calculation. End Date - Date to which the script will calculate. TABLE SETTINGS Text Color - Color of the displayed text Cell Color - Background color of table cells Header Color - Color of the column and row names Table Location - Change the position where the table is located. Table Size - Changes text size and by consequence the size of the table 5 - LIMITATIONS The code determines average values based on the stored data, therefore, the range (Initial data) is limited to the first bar time. As a consequence the lower the timeframe the shorter the initial date can be and fewer weeks can be calculated. To warn about this limitation there's a warning text that appears in case the initial date exceeds the bar limit. Example with initial date 1 Jan 2021 and end date 18 Jul 2021 in 5m and 10 m timeframe: 6 - Notes and Disclosers The script can be moved around to a new pane if need. -> Object Tree > Right Click Script > Move To > New pane The code has not been tested in higher subscriptions tiers that allow for more bars and as a consequence more data, but as far I can tell, it should work without problems and should be in fact better at lower timeframes since it allows more weeks. The values displayed represent previous data and at no point is guaranteed future values 7 - Final Tooughs This script was quite fun to work on since it analysis behavioral patterns (since from an abstract point a Tuesday is no different than a Thursday), but after analyzing multiple tickers there are some days that tend to close higher than the open. PS: If you find any mistake ex: code/misspelling please comment.
Pine Script® indicator
by MA_PT
25
Options Scalping V2This Indicator is Owned by Team Option Scalping. It has 4 Plots and 2 Tables. This indicator to be used only in BankNifty Futures VWAP ( Volume weighted average price ) • User can input the source and enable/disable the VWAP from input section. • When price is more than the VWAP its Bullish Trend and vice versa. VWMA ( Volume weighted moving average ) • Default value of 20 is used in VWMA . User can enable/disable it from input section. • When price is more than the VWMA its Bullish Trend and vice versa. Parabolic SAR • User can input “start”, “increment” and “maximum” values from input section and can enable/disable SAR also. • When price is more than the Parabolic SAR its Bullish Trend and vice versa. SuperTrend • User can input ATR Period and ATR Multiplier values from input section. By defaults it’s 10 and 2. • User have option of enable/disable “Change ATR calculation Method”, if enabled then ATR is calculated differently for SuperTrend. • Enable/disable “BUY/SELL signals” on SuperTrend. • When price is more than the SuperTrend its Bullish Trend and vice versa. Top Right Corner TABLE ( 6 , 10 ) When you are trading in Banknifty futures , we have to check major Banks which is contributing to Banknifty move. So we have given that in this tab. This table consist data of 9 following stocks: • BankNifty • Nifty • Dow • INDIA • VIX • HDFC • ICICI • KOTAK • AXIS • SBI And following data of each stock has been provided: • LTP • Daily Change • Daily Percentage Change • 15-minute Change Percentage • 1-Hour Change Percentage Bottom Right Corner TABLE (3, 6 ) This table consist of 4 indicators values and Up/Down indicator: • VWMA (When price is more than the VWMA its Bullish and vice versa) • SuperTrend (10.2, When price is more than the SuperTrend its Bullish and vice versa.) • RSI (14) • VWAP (When price is more than the VWAP its Bullish and vice versa.)
Pine Script® indicator
by OptionsScalper123
74
Ichimoku breakoutIf you use Ichimoku Cloud strategies, this indicator is very useful for you! This code indicates the candles that break the ichimoku cloud in both directions! conversion line, base line and lagging span are disable by default, you can enable it from settings window. green triangles under the candles with green backgrounds show break out the red clouds. red triangles at the top of the candles with red backgrounds show break out the red clouds. you can set alerts to be notified when an Ichimoku Cloud is broken.
Pine Script® indicator
by salarkamjoo
FieryTrading Suite BThis oscillator tries to give traders an idea of the current trend, as well as trend reversals. The higher the lengths, the bigger the potential trends can become. Be aware that higher lengths are less responsive to market movements. The default inputs are best for most traders. Alerts for this indicator can be made in the FT Trading Suite A, indicated by the blue up / down triangles. Please visit my FieryTrading Suite A for a complete overview:
Pine Script® indicator
by FieryTrading
Legacy Scalper - Trend Trading SystemLegacy Scalper Trend Trading System Welcome to the Legacy Scalper This indicator is based on a trend trading strategy using multiple EMA's, with an added colored algo to help traders enter orders while simultaneously reducing noise in the markets by changing candlesticks to one solid color dependant upon direction of price. This indicator capitalizes on short term momentum while ensuring that you are trading with the trend using the commonly known fact of EMA's being above or below price to ensure the trend. The customization and plotting of different length EMA's allows for freedom to design your own system within the realm of the indicators, or use the recommended strategies below. //////// The Legacy Scalper plots 3 main EMA's listed as following: -50 EMA -200 EMA -800 EMA Additionaly there is an algo coded into the mix that allows for: - Tradingview alarms for buys and sells - change of period (frequency) for buys and sells - color selection of the moving average - change all candlestick color dependant upon buy and sell alerts. //////// The Strategies (Or Create Your Own) Basic Sell only when you get an alert above the 50 EMA (Only 50 EMA plotted on screen) Buy only when you get an alert with the 50 EMA below price (Only 50 EMA plotted on screen) Sell Example: Intermediate Sell only when 50EMA is below the 200EMA and you get a sell alert Buy only when the 50 EMA is above the 200EMA and you get a buy Alert Buy Example: Advanced Sell only when you get a sell alert with all EMA's above price Buy only when you get a buy alert with all EMA's below price Example: Legacy Mode Backtesting is highly recommended Remove EMA's and plot a high period MA and take alerts both ways to capitalize on longer moves And/Or Add Ema's for swing trading with a higher plot MA Example: NOTES: This is designed to work on all time frames This is designed to work on all financial instruments Feel free to backtest which period setting is best, however visually glancing at most charts the default setting appears the best across all instruments. Feel free to add in other indicators for additional confirmation such as an RSI, TDI, Stoch, or WAE DISCLAIMER THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Pine Script® indicator
by renegadeforex
4
Financial Astrology Moon LongitudeMoon energy represent the masses, crowds, public places, children and emotions. The transit of the Moon through the zodiacal signs will color the crowd emotional responses that fluctuate based on the elemental qualities of the signs: fire (energetic and impulsive), earth (rigid, static, patient), water (assimilation, transformation, humor fluctuations), air (expansion, fervent, germination). The daily average speed of the Moon is 13 degrees, for this reason the emotional elemental energy is transforming in average every 2 days and few hours, this mood fluctuations produces the short term instinctive and emotional actions performed by traders that forget the precise mathematical / statistical approach in favor of irrational and emotional impulses. Based on statistical buy/sell frequency analysis we discovered that for BTC-USD, the Moon is usually bullish in zodiac signs: Aries, Libra, Scorpio, Aquarius and Pisces, the most relevant bullish sign is "Aquarius", from 206 observations in all the BTC-USD price history where Moon was in this sign the 60% of those days the price increased compared to the previous day. The bearish zodiac signs for BTC-USD are: Taurus, Cancer, Leo, Sagittarius and Capricorn, the most relevant bearish sign is "Capricorn". Interestingly this zodiac sign locations tends to fluctuate during some periods of time and from the last 10 observations of the Moon transiting through Aries we noted that 7 of the 10 observations coincide with a dip, sometimes the Moon in Aries indicate the reversal of the short term trend, this is kind of expected considering that when Moon approaches Taurus the fall becomes more likely due to the fact that Moon in Taurus is a bearish signal. With this indicator there is unlimited possibilities to explore across different markets and complementing with Moon phases this may be the perfect financial astrology indicator for those intraday traders that keep positions only for few hours. We encourage you to analyze the Moon zodiac sign cycles in different markets and share with us your observations, leave us a comment with your research outcomes. Happy trading! Note: The Moon longitude indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the longitude is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
Pine Script® indicator
by citlacom
9
Hull MA with BB (With Alerts)This is a combination of the standard Bollinger bands with a VWAP(Pink line), and the 'Hull Trend with Kahlman' script by user capissimo, and the NMA (Moving Average 3.0 (3rd Generation)) script by everget. You can find the original scripts here: This indicator gives you several confirmations of a good entry and exit positions for Crypto currency like bitcoin and most alt coins. I use this on a 15min, 30min, 1hour, and 4hour chart for best results. How to use: Entry Signals: -A candle closes above the NMA (Yellow Step Line). AND -You see a Long (text) flag. AND -The candles are near the bottom of the Bollinger bands and heading upwards. Exit Signals: -Candles have passed below and closed below the NMA (Yellow Step Line). AND -You see a Short (text) flag. It's important to use these confirmations with other indicators so you have the best entry/exit positions, and make sure you are on normal candles and not HA or any other types. There are alerts built in that you can setup for the Short and Long text flags that you see. These are generally good alerts to follow. I use the alerts as a reminder to check the charts and see if my other indicators line up for a good trade.
Pine Script® indicator
by countseven12
28
Penrose DiagramGreetings Traders! This is my measly 2 dimensional non-curved take on a Penrose Diagram . What is a Penrose Diagram? jila.colorado.edu "A Penrose diagram is a kind of spacetime diagram arranged to make clear the complete causal structure of any given geometry. They are an indispensable map for navigating inside a black hole. Roger Penrose, who invented this kind of diagram in the early 1950s, himself calls them conformal diagrams." - Source: jila.colorado.edu Penrose Diagrams allow an understanding of an infinite surface by projecting 4D Spheres on 2 Dimension Squares. The 4D shape within the 2D Square has the ability to reference a definable edge on an infinite boundary. I thought this concept interesting, as I tend to hold a viewpoint of price being infinite in its own nature, and tried to combine the concepts as best I could. In a true Penrose Diagram, you'd see curvature as you reached the edge of each Diagram Square to represent the curvature of space-time and the distorted boundary. However due to limitations of Pine and perhaps my own abilities, I decided to go the cheap route and opt for straight lines, as well as beginning each new Penrose Diagram on a new Session Start. Also in this version, you will notice on some instruments that, as an example, two triangles overlap each other when you Extend the Penrose Diagram. The result of this is intentional and is due to the calculation of the first Triangle for the Penrose Diagram. The data points for each triangle are variable upon the average highest/lowest point from Open Price and the Max/Min highest/lowest point from Open Price over a variable amount of days. For typical instruments such as Futures products and Forex, it is common to see differences between the Highest High Breakout & Lowest Low Breakout, and therefore a difference between the true center of the Triangle and the corresponding angles. I prefer to use a 20-Day Average Period for Forex and Futures Products, for Crypto a 30 Day Average Period, all adjustable from the options menu. Due to the differences between the data points(particularly the difference from the Session Open to the Highest High/ Lowest Low), the initial values for the extended Penrose Diagram will sometimes overlap with the initial triangle for Penrose Diagram creation. However keep in mind, all triangles are exactly the same, just rotated 180°and translated above and below the current Session Open Price. You can confirm this yourself using the handy Triangle Tool in your Drawing Tools directly from your TradingView Chart. Haven't managed to play around on all instruments yet, so give it a whirl, and any feedback is greatly appreciated. Hope you enjoy! -@DayTradingOil
Pine Script® indicator
by DrCatherineHalsey
12
Hourly Scalp Engine◆ Purpose of this Script The Hourly Scalp Engine (HSE) is designed to show scalp long opportunities on lower timeframes (H, 2H or 4H) based on a Fibonacci-valued MA-like structure. It was tested for Bitcoin and Ethereum, with the 2H timeframe seemingly giving the best test results. The chart shows a few instances where the price crossed below the HSE to trigger an entry (marked manually with arrows). ◆ Settings Default scaling input (10.6) is tuned for Ethereum (ETH/USD) on Kraken. Scaling input for Bitcoin (XBT/USD) on Kraken: 10.4. Reasonable timeframes: H, 2H, 4H. Recommended timeframe: 2H. You should probably set an alert for when Price crosses under the HSE. ◆ Instructions As this is purely a scalp engine (and not feasible for long-term trades), the instructions have to be followed precisely for intended functionality: As soon as Price crosses below the HSE, contemplate if you want to scalp, i.e. check current price, other indicators and market conditions. If yes, enter a scalp long. Do not enter the trade if : price has crossed above the HSE already and sits more than 1 % above it, or the down-wick was so deep and quick that it already retraced 10 % to the upside from the wick low (even if price is still below the HSE). In both cases it might be too late to enter. Watch the 2H candle, at which you entered the trade, closing. Draw a 10 % price range from the wick low to the upside. The range high is your exit point. Set a take profit trigger there. Set a stop loss slightly below the wick low. Observe the price action for the next 6 hours (i.e. the next three 2H candle closes). If price bounces up and hits the target, you exit with 10 % gains. If price hasn't moved to the target after 6 hours, close the trade at current price. If the stop loss should be hit in the meantime, you will have closed the trade automatically. The 10 % gain as a target was chosen because it seems to be hit very often, while higher targets are not reliably hit. ◆ Example Trade Shown below is an example trade with correct drawing of the 10 % price range. ◆ Viability From backtesting this should be a viable strategy for most instances where the HSE is crossed. However the HSE is not as hard as a boundary as e.g. the Confidence Bands (also published by DeanTrader), so that price can and will sometimes breach through (= close below) the HSE (as e.g. in the case of the March 2020 black swan event). Still even there a profitable trade could have been performed on the first bounce dependent on actual entry, although more risky due to very high volatility. Before using the HSE please make yourself familiar with the price action history of the considered asset and review the instances where the price crossed below the HSE in connection with the rules laid out in "Instructions" to understand the system and how to execute the trades. Also note that scalp trades are generally harder to perform than slower-paced swing trades, as timing becomes much more important and noise becomes relevant. ◆ Access For access to this indicator please contact me via DM on TradingView or on Twitter (linked on my TradingView profile and in my signature).
Pine Script® indicator
by Dean_Trader
3
Astro ToolBox V1Astro ToolBox V1 - v1.0 █  OVERVIEW The Astro ToolBox is meant to be a complementary script to the Gann ToolBox package. This script aims to offer a data set that was very hard to obtain through TradingView. Mainly Ephemeris Data. The current first version allows the user to select a date and a planet and gives them the Longitude, and the Latitude of that planet on the date choose. There are differences when it comes to Heliocentric and Geocentric locations. This script also includes options to select between Heliocentric and Geocentric locations/angles. This script took a lot of research and fine tuning to get all this data to this great platform. The script does a lot of calculations to obtain this data and come up with it within 1-2 arc seconds of accuracy. █  Future Plans and upgrades to this script may include : Planetary Retrograde auto plotting. ( hopefully within the next 2-3 weeks ) Planetary Aspects and Transits. ( next in line after the retrogrades ) Aspects and Transits based on a natal date of your choosing. and hopefully more, if you have any suggestions please don't hesitate to contact me. █  How to use : Simply select the date that you would like to look up. Then select the planet / cycle. You will have a chance to choose between a Heliocentric or a geocentric ecliptic view. Once you select what you need, you will find your data in the lower right-hand side of the screen. It is always recommended to keep your chart set to "EXCHANGE TIME" rather than "UTC or any other" and hopefully more, if you have any suggestions please don't hesitate to contact me. █  Things to keep in mind : 1. The moon is only Geocentric. 2. No this data does not rely on an external API coming from a space agency or any observatory but it is all calculated through a series of formulas and calculation which is why it is always good enough but not a %100 accurate. I personally find it extremely useful for Trading if one is familiar with time/gann theory.
Pine Script® indicator
by NasserHumood
9