DeLorean-V4 Long/ShortThis study aims to follow the trend of the asset, in longer times it is quite correct, but it can also be used in shorter time to be able to follow the trend of the asset.
Using the Bollinger Bands indicator, to get a better idea of volatility .
This indicator shows me the best trend in the cryptocurrency scenario, but it was very positive, also showing the trend in the "traditional" market.
Configured alerts for Long / Short.
Enjoy!
----------------PT-BR-----------
Este estudo visa acompanhar a tendência do ativo, em tempos maiores é bem assertivo, mas podendo também ser usado em menores tempo para poder acompanhar a tendência do ativo.
Usando o indicador Bollinger Bands , para ter uma ideia melhor da volatilidade.
Este indicador me mostra a tendência melhor no cenário de criptomoedas, mas foi bem assertivo também mostrando a tendência no mercado "tradicional".
Configurado alertas para Long/Short.
Enjoy!
Btc!
PpSignal Ichimoku Kinko HyoWhat is the Ichimoku Kinko Hyo?
The Ichimoku Kinko Hyo, or Ichimoku for short, is a technical indicator that is used to gauge momentum along with future areas of support and resistance. The all-in-one technical indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chikou span.
Understanding Ichimoku Kinko Hyo
The Ichimoku Kinko Hyo indicator was originally developed by a Japanese newspaper writer to combine various technical strategies into a single indicator that could be easily implemented and interpreted. In Japanese, "ichimoku" translates to "one look," meaning traders only have to take one look at the chart to determine momentum, support, and resistance.
Ichimoku may look very complicated to novice traders that haven't seen it before, but the complexity quickly disappears with an understanding of what the various lines mean and why they are used.
The Ichimoku indicator is best used in conjunction with other forms of technical analysis despite its goal of being an all-in-one indicator.
Ichimoku Kinko Hyo Interpretation
There are five key components to the Ichimoku indicator:
Tenkan-sen: The tenkan-sen, or conversion line, is calculated by adding the highest high and the highest low over the past nine periods and then dividing the result by two. The resulting line represents a key support and resistance level, as well as a signal line for reversals.
Kijun-sen: The kijun-sen, or base line, is calculated by adding the highest high and the lowest low over the past 26 periods and dividing the result by two. The resulting line represents a key support and resistance level, a confirmation of a trend change, and can be used as a trailing stop-loss point.
Senkou Span A: The senkou span A, or leading span A, is calculated by adding the tenkan-sen and the kijun-sen, dividing the result by two, and then plotting the result 26 periods ahead. The resulting line forms one edge of the kumo - or cloud - that's used to identify future areas of support and resistance.
Senkou Span B: The senkou span B, or leading span B, is calculated by adding the highest high and the lowest low over the past 52 periods, dividing it by two, and then plotting the result 26 periods ahead. The resulting line forms the other edge of the kumo that's used to identify future areas of support and resistance.
Chikou Span: The chikou span, or lagging span, is the current period's closing price plotted 26 days back on the chart. This line is used to show possible areas of support and resistance.
Example of an Ichimoku Kinko Hyo Chart
The following is an example of an Ichimoku indicator plotted on a chart:
Indicator component
Alarm
Have alarm when price and Chicouspan cross Kumo cloud.
Have Alarm when tekn Sen 9 cross Kijusen 26.
Have Hiken ashi buy and sell alarm
Other tools
Mtf cloud.
X Exchange BTC Cash Flow Index (Multi-Exchange)Custom Cash flow Index (Similar to MFI) indicator based on BTC World Volume across all exchanges.
Volume Data based on "BTC WORLD VOLUME" by Phil Ledru
How it works:
Use this indicator like to see momentum changes in Price and Volume across all exchanges for Bitcoin.
When momentum is positive, indicator will turn Blue.
When momentum is slowing down and price is declining, indicator will turn Red.
Like your usual RSI, OB & OS levels are 80 & 20.
What to watch out for:
- Watch out for Bullish and bearish divergences in Volume
- Wedges, Head and shoulders and other formations.
Enjoy!
Statistical and Financial MetricsGood morning traders!
This time I want to share with you a little script that, thanks to the use of arrays, allows you to have interesting statistical and financial insights taken from the symbol on chart and compared to those of another symbol you desire (in this case the metrics taken from the perpetual future ETHUSDT are compared to those taken from the perpetual future BTCUSDT, used as a proxy for the direction of cryptocurrency market)
By enabling "prevent repainting", the data retrieved from the compared symbol won't be on real time but they will static since they will belong to the previous closed candle
Here are the metrics you can have by storing data from a variable period of candles (by default 51):
✓ Variance (of the symbol on chart in GREEN; of the compared symbol in WHITE)
✓ Standard Deviation (of the symbol on chart in OLIVE; of the compared symbol in SILVER)
✓ Yelds (of the symbol on chart in LIME; of the compared symbol in GRAY) → yelds are referred to the previous close, so they would be calculated as the the difference between the current close and the previous one all divided by the previous close
✓ Covariance of the two datasets (in BLUE)
✓ Correlation coefficient of the two datasets (in AQUA)
✓ β (in RED) → this insight is calculated in three alternative ways for educational purpose (don't worry, the output would be the same).
WHAT IS BETA (β)?
The BETA of an asset can be interpretated as the representation (in relative terms) of the systematic risk of an asset: in other terms, it allows you to understand how big is the risk (not eliminable with portfolio diversification) of an asset based on the volatilty of its yelds.
We say that this representation is made in relative terms since it is expressed according to the market portfolio: this portfolio is hypothetically the portfolio which maximizes the diversification effects in order to kill all the specific risk of that portfolio; in this way the standard deviation calculated from the yelds of this portfolio will represent just the not-eliminable risk (the systematic risk), without including the eliminable risk (the specific risk).
The BETA of an asset is calculated as the volatilty of this asset around the volatilty of the market portfolio: being more precise, it is the covariance between the yelds of the current asset and those of the market portfolio all divided by the variance of the yelds of market portfolio.
Covariance is calculated as the product between correlation coefficient, standard deviation of the first dataset and standard deviation of the second asset.
So, as the correlation coefficient and the standard deviation of the yelds of our asset increase (it means that the yelds of our asset are very similiar to those of th market portfolio in terms of sign and intensity and that the volatility of these yelds is quite high), the value of BETA increases as well
According to the Capital Asset Pricing Model (CAPM) promoted by William Sharpe (the guy of the "Sharpe Ratio") and Harry Markowitz, in efficient markets the yeld of an asset can be calculated as the sum between the risk-free interest rate and the risk premium. The risk premium of the specific asset would be the risk premium of the market portfolio multiplied with the value of beta. It is simple: if the volatility of the yelds of an asset around the yelds of market protfolio are particularly high, investors would ask for a higher risk premium that would be translated in a higher yeld.
In this way the expected yeld of an asset would be calculated from the linear expression of the "Security Market Line": r_i = r_f + β*(r_m-r_f)
where:
r_i = expected yeld of the asset
r_f = risk free interest rate
β = beta
r_m = yeld of market portfolio
I know that considering Bitcoin as a proxy of the market portfolio involved in the calculation of Beta would be an inaccuracy since it doesn't have the property of maximum diversification (since it is a single asset), but there's no doubt that it's tying the prices of altcoins (upward and downward) thanks to the relevance of its dominance in the capitalization of cryptocurrency market. So, in the lack of a good index of cryptocurrencies (as the FTSE MIB for the italian stock market), and as long the dominance of Bitcoin will persist with this intensity, we can use Bitcoin as a proxy of the market portfolio
Mayfair Crypto Strength IndexWorking on the basis of a currency strength index - expresses the index value of a currency. For economists, it is often calculated as purchasing power. while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance or in Crypto terms the strength of the company/asset itself.
In the base version;
BTC is the thicker Orange level.
ETH - the Green
XRP - Blue
The concept then is similar to a stochastic indicator or RSI - 20% oversold regio & 80% overbought. The zero line can be used as Bullush or Bearish.
We wanted to create something that shows the correlation between the top cryptocurrencies as we are often asked about breaking down one or the other.
This is not a buy me now or sell me then indicator - just there to assist and compare assets easily.
Please feel free to like and follow.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Betelgeuse-Good entry/exit zoneHello everyone and welcome!
This is the my first indicator and also the first version of Betelgeuse script,I hope you will like it.
The indicator was designed to be used on cryptocurrencies
The idea is to be able to identify good entry and exit points in the market, traders often try to identify the minimum or maximum points and this is why Betelgeuse was born.
Betelgeuse should be combined with your analysis and other indicators to find good entry and exit zones and not a precise point.Obviously the more the indicator will be used
over long time frames the more accurate the signals will be.
You can decide to wait for a good signal from the RSI or from the MACD and add up
the Betelegeuse confirmation for a good entry or exit from the market.
The MA based indicator will give you an idea of the direction of the medium term trend.
Direct message me for acces.
Bitcoin Bulls and Bears by @dbtrBitcoin 🔥 Bulls & Bears 🔥
v1.0
This free-of-charge BTC market analysis indicator helps you better understand what's going with Bitcoin from a high-level perspective. At a glance, it will give you an immediate understanding of Bitcoin’s historic price channel dating back to 2011, past and current market cycles, as well as current key support levels.
Usage
Use this indicator with any BTCUSD pairs , ideally with a long price history (such as BNC:BLX )
We recommend to use this indicator in log mode, combined with Weekly or Monthly timeframe.
Features
🕵🏻♂️ Historic price channel curve since 2011
🚨 Bull & bear market cycles (dynamic)
🔥 All-time highs (dynamic)
🌟 Weekly support (dynamic, based on 20 SMA )
💪 Long-term support (channel bottom)
🔝 Potential future price targets (dynamic)
❎ Overbought RSI coloring
📏 Log/non-log support
🌚 Dark mode support
Remarks
With exception of the price channel curve, anything in this indicator is calculated dynamically , including bull/bear market cycles (based on a tweaked 20SMA), ATHs, and so on. As a result, historic market cycles may not be 100% accurately reflected and may also differ slightly in between various time-frames (closest result: Monthly). The indicator may even consider periods of heavy ups/downs as their own market cycles, even though they weren’t. Due to its dynamic nature, this indicator can however adapt to the future and helps you quickly identify potential changes in market structure, even if the indicator is no longer updated.
On top of that bullmarket cycles (colored in green) feature an ingrained RSI: the darker the green color, the more the RSI is overbought and close to a correction (darkest color in the chart = 90 Weekly RSI). In comparison with past bull cycles, it helps you easily spot potential reversal zones.
Thanks
Thanks to @quantadelic and @mabonyi which both have worked on the BTC "growth zones" indicator including the price channel, of which I have used parts of the code as well as the actual price channel data.
Follow me
Follow me here on TradingView to be notified as soon as new free and premium indicators and trading strategies are published. Inquire me for any other requests.
Enjoy & happy trading!
OH2B Trading Indicator Ver2.0OH2B TRADING INDICATOR
The OH2B Trading Indicator is an indicator built for beginners.
It gives you entry points for BUY and SELL based on Trend Channel and Ema-Crossover.
It also gives you EXIT POINTS for taking profits based on the Average Directional Index and Relative Strength Index.
TRADING WITH OH2B INDICATOR
The OH2B Trading Indicator gives you entry points for BUY or SELL .
When the ema1 crosses above ema2, the trend channel will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the trend channel will be painted RED in color, and a SELL signal will appear. = SELL
When a BUY or SELL signal appears on the chart, don't rush into any trade.
Please allow a few hours for confirmation of signals .
After confirmation, it is suggested to enter 50% first and another 50% near the Trendlines .
After entering a trade, please remember to set a stop-loss alert of an opposite signal.
To TAKE PROFIT , please follow the Triangles indicated on the chart
RED Triangles are the Take-Profit targets for the BUY (long) signal
GREEN Triangles are the Take-Profit targets for the SELL (short) signal
*After taking profit, please set a Stoploss to at least break-even level to protect your profits.
Often the price goes to the Trendlines after the signal, so keep some funds to increase the position or even open all position near the Trendlines , or use it for re-enter with SL after you closed position on TPs.
Setting alerts for Trade
Remember to set an alert so that you won't miss any opportunity.
TradingView will notify you immediately when a new signal pops up on the chart.
Tips for the beginners:
Recommended using the indicator at 1H - 2H Timeframe .
Recommended using the indicator for Spot Trading at both Crypto and Stock Market.
Do not use leverage above 5x.
No more than 5% of the deposit in one trade.
Do not rush into any trade when a new signal pops up, please allow a few hours for confirmation of signals.
Hashrate to Securities RatioTMcV
HashSecRatio Original
January,30,2021
The Hashrate to securities ratio is a study to get a view on data flowing through the blockchain and can be applied to any asset available in Tradingview.
This indicator illustrates asset performance vs the moving average of BTC hash rate and accurately highlights price trend tops and bottoms allowing for excellent entry points in long and short trades highlighting overbought and oversold conditions in custom timeframes.
I will allow protected access for a short period of time to gather public opinion after that access will be limited to paid only.
For now if you would like to use this script please leave a comment and add to your favorite scripts.
Hashrate to Securities RatioTMcV
HashSecRatio Original
January,30,2021
The Hashrate to securities ratio is a study to get a view on data flowing through the blockchain and can be applied to any asset available in Tradingview.
This indicator illustrates asset performance vs the moving average of BTC hash rate and accurately highlights price trend tops and bottoms allowing for excellent entry points in long and short trades highlighting overbought and oversold conditions in custom timeframes.
I will allow protected access for a short period of time to gather public opinion after that access will be limited to paid only.
For now if you would like to use this script please leave a comment and add to your favorite scripts.
Total Volume BTC - Dollar [Sobhm]
Do you want an indicator that shows the total volume in Bitcoin vs Dollar?!
The BTCUSD - BTCUSDT - BTCUSDC total volume is covered by the "Total Volume BTC - Dollar " indicator.
You can see the differences between simple volume and the collected volume using "Total Volume BTC - Dollar ".
The volume of the following pairs are collected:
'BITMEX:XBTUSD'
'BINANCE:BTCUSDT'
'BINANCE:BTCUSDTPERP'
'BITSTAMP:BTCUSD'
'COINBASE:BTCUSD'
'BITFINEX:BTCUSD'
'BYBIT:BTCUSD'
'GEMINI:BTCUSD'
'OANDA:BTCUSD'
'FTX:BTCUSD'
'FX:BTCUSD'
'HUOBI:BTCUSDT'
'BYBIT:BTCUSDT'
'COINBASE:BTCUSDC'
'BITSTAMP:BTCUSDC'
'POLONIEX:BTCUSDC'
'KUCOIN:BTCUSDC'
'HITBTC:BTCUSDC'
The timeframe is adjustable based on minutes.
BTC Premium (Grayscale & Coinbase)This indicator plots the bitcoin premium on Grayscale and Coinbase in %.
Multi-Timeframe Stoch RSIGood evening folks!
Today I want to share with you a simple variant of the Stochastic-RSI built-in indicator.
Nothing too complex: by enabling the relative checkbox and setting the desired (k, d or the RSI ) source and timeframes, you can see higher timeframes data plotted on your screen.
Everything you need to do is enabling the indicator on the lowest timeframe (in this case 15 minutes), then you will see in YELLOW the information retrieved from the next higher timeframe (in this case 30 minutes) and in RED the information retrieved from the highest timeframe (in this case 45 minutes).
IT'S IMPORTANT THAT YOU DISPLAY THE INDICATOR ON THE LOWEST TIMEFRAME!
You can play with the overbought and oversold heights in order to have the best configuration you want (in oversold conditions is suggested to buy while in overbought conditions is suggested to sell)
The higher timeframes data are retrieved avoiding repainting since the method used for taking them is the 10th method described in this PineCoders Article , so, if you want to enable alerts, you SHOULD ignore the disclaimer message related to it without any problem.
Good Trading!
Trend Reversal Indicator (EMA of slopes)Good morning Traders
Inspirated by lukescream EMA-slope strategy, today I want to share with you this simple indicator whose possible use-case would be for detecting in advance possible trend reversals, specially on higher timeframes.
Once that you've chosen the desired source (RSI, EMA or Stochastic k or d), the indicator will calculate its "slope" approximating its first order derivative by the division between the last variation of the series and its last value.
You can see the slope as a white line by enabling the relative checkmark (it's disabled by default since it simply messes up the the graph)
Then, the slope itself becomes the source for two exponential moving averages: the fast one (in blue) has a period of 20 while the slow one (in red, it becomes similiar to a horizontal line actually) has a period of 500
Why the slope? Since all the sources mentioned before are directly or indirectly calculated on the price action, a more aggressiveness in the price movement would be translated into a more (positive/negative) steepness of those indicator (of course this effect would be far more evident if the indicators are calculated on low periods, but really low periods could compromise the consistency of the signals).
In this way, the slope would mirror the decisiveness of price movements and a comparison between two averages calculated from it (the first one based on more recent values, the second one that conisders also older values) could tell you in advance what direction the market is possibly about to take
The usage is simple: once that the fast moving average crosses upward the slow one, this could be a sign of potential trend reversal from bearish to bullish. On the contrary, if the fast EMA crosses downward the slow one, this could be a sign of potential trend reversal from bullish to bearish.
What I suggest you is to integrate this indicator with Exponential Moving Averages plotted on the price candles, in order to have a general bias for opening long or short positions, and with an oscillator as well such as the Stochastisc RSI in order to detect the overbought/oversold zones for opening/closing positions at the right moment.
Happy Trading!
Crypto Derivatives Sentiment HeatmapWhat?
This is a heatmap that shows derivatives sentiment for some of the most prominent coins in crypto.
Content
Coins included:
BTC
ETH
LTC
DOT
LINK
YFI
The indicator takes the Binance USDT perpetual swaps of these coins and compares them to their respective spot indices.
Binance is the exchange of choice because their perps have the highest volume in the market.
For the spot indices I've used the indices created by Bitmex.
These are very intricate and weighted indices with compositions of the most important and trustworthy spot markets.
For more information check the Bitmex website.
The heatmap shows red coloring if the perp is trading above spot (bearish).
It shows green coloring if the perp is trading below spot (bullish).
The lighter the color the less wide the gap is between perps & spot.
The darker (brighter) the coloring the more extreme the difference.
Trading
It's quite simple.
When you see a lot of green, preferably dark green, you should have a bullish bias because it means that perps are oversold or that spot is bidding hard.
Vice versa a lot of red should give a bearish bias.
It's very practical for a quick sentiment check.
This indicator is free so you can just add it to your favorites.
Shout-out to zzzcrypto123 for inspiring me.
PROFIT MAKER |Crypto|ETH|BTC|YFI - SignalThis is the version with alerts of this strategy:
Description:
This is a trend-following strategy that works very well for many Crypto assets in the usd or usdt pair
It can be used for both futures and spot!
Some of the assets in which this strategy is proven are
Asset Exchange TF
BINANCE:ADAUSDT Binance 45m
BINANCE:BTCUSDT Binance 1h
BINANCE:YFIUSDT Binance 30m
BINANCE:DOTUSDT Binance 45m
BINANCE:ETHUSDT Binance 30m
BINANCE:LINKUSDT Binance 45m
BINANCE:DOGEUSDT Binance 1h
And many others..
What is this strategy based on?
It is a combination of various parameters, including
-RSI: The relative strength index ( RSI ) is a momentum indicator used in technical analysis that measures
the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset.
-MACD: Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows
the relationship between two moving averages of a security’s price.
-ADX: ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time.
-DMI: DMI is a moving average of range expansion over a given period (the default is 14 days). The positive directional
movement indicator ( +DMI ) measures how strongly price moves upward; the negative directional movement indicator ( -DMI )
measures how strongly price moves downward. The two lines reflect the respective strength of the bulls versus the bears.
Included:
Different forms of Take profit, included:
Take profit on squeeze candles
Take profit based on Risk-Benefit (RR)
Take profit a pre-determined %.
Different forms of Stop Loss, including
ATR-based stop loss
Trail stop loss (with option to use a trigger)
Stop loss a pre-determined %.
For access you can send a message or consult in my social networks.
Links in my tradingview signature (below).
Examples:
The default configuration works very well for most pairs.
You just have to look for which time frame goes better with each one.
Recommended to try with 30m, 45m and 1 hour.
FTX vs BitMex BTC Perp PremiumThis script compares FTX BTC/PERP (BTC perpetual futures contract) price to Binance BTC/USDT spot and colors it red. It also plots Bitmex's BTC perpetual futures compared to Binance spot and colors it blue.
FTX = red
Bitmex = blue
Now you can easily see that you can get a 1% discount on FTX perpetuals when it is tanking. This tells you that you can set your limit buy orders extra low if you like to catch crashes. Also, you can see what your average trader on each platform is willing to pay above or below the spot premium. In general you want to do the opposite of what the average trading is doing on these exchanges unless you're in the main bull or mania phase of the Bitcoin cycle.
If you want to use Bitstamp or your favorite exchange it can be changed in the settings. Let me know if you find any settings that work well for you.
May you profit and enjoy! :)
Weighted derivatives premium BTCCan be extended with more derivative or spot pairs, see the comments in the code for instructions. Most importantly, the pairs need to be added to the respective arrays in the same order, so that the weights are applied to the correct pairs.
BTC Longs & Shorts Profile WHAT DOES THIS INDICATOR DO?
I started with the idea of creating another premium indicator with a bunch of features and add it to the bundle. However, the more complex the code was becoming, the less helpful the indicator actually was. So I started from scratch and made BTC Longs & Shorts Profile super simple (as you can see in the code).
The advantage over other similar indicators is that this one has a drop-down menu and allows you to select whether you want to see Longs, Shorts, Ratio, or Difference. Having Longs and Shorts at the same time is a bit confusing because Longs pretty much dwarf the Shorts and the ups and downs are not clearly visible. Also, you can configure the colors for each visible line.
My suggestion is to add this indicator to your BTC chart, save it as a template from the top menu on TradingView and stop switching between BTC, Bitfinex Longs and Shorts. You have everything in one simple window (that's especially the case if you are not a pro or premium member and can't have more than 2 screens simultaneously).
ANYTHING ELSE ?
On a side note, if you are planning on working on a similar indicator, let me tell you what I've tried so far and it didn't work for me:
- RSI calculations including Longs and Shorts as a base
- Longs and Shorts in relation to BTC itself and a relationship with the volume
- Directional Movement Index, where Longs are DM+ and Shorts are DM-
- Smoothing both Longs and Shorts and trying to find a relationship (including some pseudo MACD lookalikes)
Anyway, if you have any ideas or suggestions on improving this indicator, please let me know. Thanks!
BITCOIN CME FUTURES GAPSDisplays information about Bitcoin CME Futures Gaps over BTCUSD (or XBTUSD) charts.
You can configure a threshold percentage to only display gaps whose size is greater than that percentage. The gap precentage is calculated based on the current close price.
Gaps up are displayed in Orange, gaps down in Green
200 Week Moving Average HeatmapСolors part of the SMA depending on the change in % (delta %) to the previous value. From blue(none to low increase) through green(moderate increase) to red(high increase).
Bitcoin Estimated Transaction FeeThis is the estimated fee you can expect to pay to have your bitcoin transaction confirm in 1 block. The estimation is derived from the daily total revenue miners received divided by the daily total number of transactions.
An option to change to a different currency is provided.
Notes on transaction fees:
Most exchanges do not provide an option to change the fee amount, and charge a static fee. A notable exception is Deribit.
The newer Bech32 wallet format, also known as native or SegWit, use a lower fee for the same transaction as legacy addresses. The addresses start with "bc1".
Mania was $60 USD to move bitcoin to an exchange you've only just heard of to buy a different coin with funny name :)
