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Trendfollowing

Liens Support and resistance + trend following1. Two different support and resistance levels. One that focuses on price action and one for wicks. (Wicks needs to be turned on) 3. 20 ema trendfollowing. Bars change color. when price is over/under ema. 4. Bar color levels also work with rsi levels. Currently set to 0-100. If you only want bars to change color when the rsi is overbough/oversold. simply just change the levels to 70-30 or whatever you like :)
Pine Script™ indicator
by Bitcoinandyy
Parametric Oscillator (Expo)Parametric Oscillator (Expo) DESCRIPTION Parametric Oscillator is an ATR based indicator that both shows the momentum in the market and overbought/oversold areas. The indicator has a price line that can be used for market timing. This indicator is a good complement to Cumulative Delta (Expo) . If you absolutely want to understand momentum and market timing, these indicators should be used together with Parametric ATR Signal (Expo) . HOW TO USE 1. Use the indicator to detect trends. 2. Use the indicator to assess the momentum in the market. 3. Use the indicator to identify overbought and oversold areas. 4. Combine the indicator with Cumulative Delta (Expo) and with Parametric ATR Signal (Expo) . INDICATOR IN ACTION REGULAR – SCALE TREND • A positive trend: the candlesticks are above the midline. • A negative trend: the candlesticks are below the midline. • The midline can act as a support or resistance level OverBought • The candlesticks are approaching the upper-cloud OverSold • The candlesticks are approaching the lower-cloud EURUSD BTCUSD BRENT EURUSD LOGARITHMIC – SCALE TREND • A positive trend: the candlesticks are close to the upper cloud. • A negative trend: the candlesticks are close to the lower cloud. OverBought • We must have a negative trend and the Price-line peak up above the midline. OverSold • We must have a positive trend and the Price-line peak down below the midline EURUSD BTCUSD GOLD RENKO CHART BTCUSD DIVERGENCES All types of momentum oscillator indicators produce divergences and so does Parametric oscillator (Expo). Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high. I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Y our feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Pine Script™ indicator
by Zeiierman
13
Leavitt Convolution & Acceleration by CryptorhythmsLeavitt Projection, Convolution, & Acceleration by Cryptorhythms Intro Bringing you another open source Gem this time from the January 2020 Issue of TASC. Description In the article in the Oct 2019 TASC issue titled "An interplanetary marriage" author Jay Leavitt describes the evolution process required in strategy design by introducing his Mars strategy. This grew out of concepts presented in his earlier TASC articles such as the stratosphere, moon rocket, and tech emini strategies. This dual indicator uses a linear regression of price data to help derive slope and acceleration information, in turn helping him to identify trends and trend turning points. Additions As usual a few useful extras are included such as a rudimentary signaling system, bar coloration by trade state, overbought/oversold areas to assist in algorithmic setups, and more! 👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 71st script on Tradingview! 💬Check my Signature for other information
Pine Script™ indicator
by theheirophant
3
[RSM] Relative Strength Momentum 10 sources v1.1This indicator was designed to compare relative price momentum across multiple related/unrelated symbols, maximum of 10. Each symbol's momentum/trend is determined by price movement and custom weighted moving averages. You can use this indicator to determine changing trends by looking at correlated leading symbols. Description of Input Parameters: Dark theme: Turn on this checkbox if you are using the dark theme in Tradingview. MA Type: Default is preferred, but allows you to choose different Moving Averages to determine momentum. MA Period: Ideal period is 200 for a Chart TF of 15 minutes to 1 Hour for most symbols I've tested. (US/Euro Indexes CFD and Futures ) Symbol 1-10: Enter a valid Symbol in Tradingview otherwise indicator will return an error. Color Symbol 1-10: Pick a unique color for each corresponding Symbol. Display Symbol 1-10: Checkbox to turn on/off corresponding symbol's plot. Access to Script: Please contact me privately on Tradingview, user id: a.tesla2018 Alternatively, use the links below for method of payment/access to this indicator. Please do not forget to mention your TV name in notes.
Pine Script™ indicator
by a.tesla2018
4
Bollinger Bands Trend Model-BuschiEnglish In general, Bollinger Bands are used as an indicator to visualize the "reversion to the mean". However, in this model, by using smaller variable values (default: 10 time intervals instead of 20, 1 standard deviation instead of 2), they are used as an trend following indicator. Two consecutive closes above the upper band form a buy signal (symbol 'B' above bar) which is reversed by two consecutive closes below the lower band (symbol 'S' under bar) and vice versa. The corresponding buying (green) and selling (red) zones are coloured between the bands. Deutsch Im Allgemeinen werden Bollinger-Bänder als ein Indikator verwendet, um die "Rückkehr zum Mittelwert" zu visualisieren. In diesem Modell werden sie durch kleine Variablen-Werte (Standardwert: 10 Zeitintervalle anstatt 20, 1 Standardabweichung anstatt 2) jedoch als Trendfolge-Indikator verwendet. Zwei aufeinanderfolgende Schlusskurse über dem oberen Band (Symbol 'B' über dem Balken) bilden ein Kaufsignal, das durch zwei aufeinanderfolgende Schlusskurse unter dem unteren Band (Symbol 'S' unter Balken) umgekehrt wird. Gleiches gilt umgekehrt. Die entsprechenden Kauf-Zonen (grün) und Verkauf-Zonen (rot) werden zwischen den Bändern eingefärbt.
Pine Script™ indicator
by MagicEins
3
[RSM] Relative Strength Momentum v1.0 [pvt]This indicator was designed to compare relative price momentum across multiple related/unrelated symbols, maximum of 6. Each symbol's momentum/trend is determined by price movement and custom weighted moving averages. You can use this indicator to determine changing trends by looking at correlated leading symbols. Description of Input Parameters: Dark theme: Turn on this checkbox if you are using the dark theme in Tradingview. MA Type: Default is preferred, but allows you to choose different Moving Averages to determine momentum. MA Period: Ideal period is 200 for a Chart TF of 15 minutes to 1 Hour for most symbols I've tested. (US/Euro Indexes CFD and Futures) Symbol 1-6: Enter a valid Symbol in Tradingview otherwise indicator will return an error. Display Symbol1-6: Checkbox to turn on/off corresponding symbol's plot. Access to Script: Please contact me privately on Tradingview, user id: a.tesla2018 Alternatively, use the links below for method of payment/access to this indicator.
Pine Script™ indicator
by a.tesla2018
2
First time coding - a 5min forex Scalping strategy This is my first attempt at producing a strategy in Pine Script. I am NOT a professional coder. I'm not even a good coder at that. I've only started Pine Script coding since September 2019. I am teaching myself. This script is far from finished. I need to tweak a number of things about this script. Namely: Add a validity window to the 'trigger bar' condition. Ie, I want to shut down the condition when the price closes above EMA21 Change the order entry so they are stop orders, using the stop entry price derived from the signals Make changes to lot sizing Add a trailing stop condition Comments welcome, but do not expect me to reply to any questions or requests. In fact, don't expect any replies from me. I consider myself notoriously bad at replies. I do welcome any feedback from any seasoned coders out there, as I am still a novice coder, and have so much to learn! As to anyone who wants to criticise me - constructive and helpful criticism are most welcome, criticism to make yourself feel superior to me - you kind can eat a dk. For the strategy rules, google the user ForexSignals TV account and look for the video "SIMPLE and PROFITABLE Forex Scalping Strategy". Share, learn, prosper Peace to y'all Serialhenry 6/11/19
Pine Script™ strategy
by serialhenry
Pivot Reversal Strategy - FIGS & DATES 2.0Simple Pivot Reversal Strategy with some adding settings. Date Range: To test over specific market conditions. Initial Capitol: $10K - This is a more realistic representation of funds used this strategy (for me anyway). The default of $100K can give different results (usually better) than when using a smaller balance. Order Size: 100% Equity - These trend following strategies typically used this way, going all in each direction. Commission: .075% - It's always disheartening to think you've found a ridiculously good setting, and then realize you forgot to add the commission. All of these settings can be changed, but it's easier for me (and more fool proof) to have them set as default.
Pine Script™ strategy
by Filthy_McNasty
9
TradewithPuneet: Pro-PullbacksThe Pro-Pullbacks strategy is designed to trade pullbacks . In other words, this strategy will give you: • BUY signals : When in an already established Uptrend , a stock falls but then resumes its upward trajectory. • SHORT signals : When in an already established Downtrend , a stock rises but then resumes its downward trajectory. Through this strategy, we aim to trade in the direction of an already established trend by entering on a pullback. Thus, instead of trying to catch the whole trend, this strategy tries to profit from an already established trend. The strategy uses certain filters to identify whether the stock is in Uptrend or Downtrend. Next, it identifies pullbacks to an identified trend. Pullbacks are sometimes too short or too deep. This strategy ignores such short & deep pullbacks. Finally, it identifies certain threshold levels (for confirmation), beyond which the stock is expected to resume the original trend. If the stock closes beyond the threshold level, it gives the necessary BUY or SHORT signal. The strategy guides you the price level at which to enter a trade. You can enter your choice of target profit and stop loss levels. This strategy is only built for stocks, not for indices or any other financial instrument.
Pine Script™ indicator
by Pro-Setups
4
TradewithPuneet: Pro-BreakoutsThe Pro-Breakouts strategy is designed to get into a LONG position when a stock enters an Uptrend after a breakout. This strategy gives you: • BUY signals : On a breakout, with strong probability of continuing up-moves. • No SHORT signals are included in this strategy. Through this strategy, we aim to ride a big chunk of the Uptrend till it reverses. The strategy uses certain filters to avoid fake breakouts. Once those filter conditions are met, the stock waits for a breakout of key resistance level. Upon the breakout, the stock gives a BUY signal. Finally, when the stock breaks its key support level, it gives an EXIT signal. The strategy guides you the price level at which to BUY and EXIT. You can also input your acceptable stop loss and profit booking levels, which are then displayed on the chart. The resistance and support lines (which result in trades) are drawn automatically on the chart. The strategy is for medium to long-term traders . It works only on Daily timeframes and on closing prices. Hence, during the market hours, if a stock breaks out of its key-resistance level, you will see a BUY signal, but if it closes below it, the signal will disappear. This strategy is only built for stocks, not for indices or any other financial instrument.
Pine Script™ indicator
by Pro-Setups
3
Moving Median Price by Atilla YurtsevenMoving Median Price is similar to Moving Average. However it uses the median instead of the mean. I believe that median is more important than the mean in some cases. Let me explain why: There are 5 employees in a company. Their annual salary is $24,000,00. There's also a CEO of the company and his annual salary is $100,000.00. So if you calculate the mean to find the average salary using mean, you find $36,666.66. Well, nobody gets paid more than $24K but the CEO. Median helps us here. If you use median, the average salary is $24,000.00. Keep in mind that you can use the median to find the average salary you pay per employee. You can still use mean for different purposes. I have also added 2. Median to the script. You can enable or disable. Disclaimer: I'm not an advisor and this script or the article is not financial advice. Trade safe, Atilla Yurtseven
Pine Script™ indicator
by AtillaYurtseven
3
Stochastic binary option styleUsing Time Frames For Trend – You can also use different time frames to determine trends with stochastic. To do this you will need to use two different time frame charts, I like to use the weekly/daily or daily/hourly combination depending on the asset. Weekly/daily works well with stocks and indices while I prefer the shorter time frame for currency and commodities. This is how it works; stochastic on the longer term chart sets trend, stochastic on the shorter term chart gives the signal. If, on the weekly chart, stochastic is pointing up then you would trade bullish signals on the daily charts. Or if using the daily/hourly combo the stochastic on the daily would set trend while signals would come from the hourly chart. Green color bar and background means k is > d, the crowd is bullish (trend is bullish, a bullish crossover is happened), red is the contrary (bears are the leaders) Credit to Michael Hodges
Pine Script™ indicator
by Biticon
Directional Movement Index with double exponential moving averagThe Directional system is a trend-following method developed by J. Welles Wilder, in the mid-1970s. It identifies trends and shows when a trend is moving fast enough to make it worth following. It helps traders to profit by taking chunks out of the middle of important trends. Trading Rules 1. Trade only from the long side when the positive Directional line is above the negative one. Trade only from the short side when the negative Directional line is above the positive one. The best time to trade is when the ADX is rising, show- ing that the dominant group is getting stronger. 2. When ADX declines, it shows that the market is becoming less directional. There are likely to be many whipsaws. When ADX points down, it is better not to use a trend-following method. 3. When ADX falls below both Directional lines, it identifies a flat, sleepy mar- ket. Do not use a trend-following system but get ready to trade, because major trends emerge from such lulls. 4. The single best signal of the Directional system comes after ADX falls below both Directional lines. The longer it stays there, the stronger the base for the next move. When ADX rallies from below both Directional lines, it shows that the market is waking up from a lull. When ADX rises by four steps from its lowest point below both Directional lines, it “rings a bell” on a new trend . It shows that a new bull market or bear market is being born, depending on what Directional line is on top. 5. When ADX rallies above both Directional lines, it identifies an overheated mar- ket. When ADX turns down from above both Directional lines, it shows that the major trend has stumbled. It is a good time to take profits on a directional trade. If you trade large positions, you definitely want to take partial profits. This particular version uses DEMA (double exponential moving averages) in attempt to catch moves sooner.
Pine Script™ indicator
by Biticon
Lancelot vstop intraday trending strategyDear all, Free strategy again. I found using 3 volatility stop with different settings could be very helpful when trading an intraday trending market. With the ATR setting or 5, 10, 15, we can weed out many false break. Vstop setting is OHLC4. On the other hand, this strategy also utilize Renko as part of the strategy, so you could say this strategy is mainly an intraday break out trend following strategy. Works well on BTCUSD XBTUSD, as well as other major liquid alt Pairs. And lastly, Save Hong Kong, the revolution of our times.
Pine Script™ strategy
by Lancelot_Augur
2
Lancelot RR StrategyDear all, Free strategy again. This strategy consists of 2 indicators I think works well with each other as a trend following strategy. The 2 indicators are Renko chart and Relative Vigor Index. This is a long-only breakout strategy that aims to capture the majority of the trend. Works well on BTCUSD XBTUSD, as well as other major liquid Pair. Please acknowledge my effort by like and follow. And lastly, Save Hong Kong, the revolution of our times.
Pine Script™ strategy
by Lancelot_Augur
A.M E Trend Hi Trading View, This is my Custom Indicator and Strategy that i am currently using. This is a Trend following indicator that plots entries on certain market criteria. The indicator will Plot Bollinger Bands and also 2 EMA's on the trading time frame and also 2 EMA's on the Daily time frame for quick view on overall market Direction. This indicator is looking for: Market Direction Pullbacks to EMA's Price Action Lows and Highs Trend continuation Once these conditions are met the indicator will place signals onto the chart in the direction of the trade. This indicator will look for both Long and Short Signals. This indicator can be used on Multiple Time Frames and currency pairs. I use this indicator mainly on the 15M and 1H chart. You are also able to set alerts for the signals so if you are not near the charts all the time you will get a notification pop up on the trading view app User discretion should be used while using this indicator, I look for rejection and reversal candles such as a Doji, Long Wick Bar or Engulfing. Trading Rules: Stop loss below or above previous low or high of signal bar. Look for a 1:1 or 1:1.5 risk reward (some trades go way further). Have Fun and Enjoy. Ash
Pine Script™ indicator
by ashevs21
1