Daily CPR & 3MA CrossoverDaily CPR & 3MA Crossover this indicator make profitable trader
This script calculates the Daily CPR and plots the three lines (Top Central, Pivot, and Bottom Central) on the chart. It also calculates three moving averages, identifies crossovers for buy/sell signals, and provides visual markers and alerts for those signals. You can customize the moving average lengths in the settings. Let me know if you need adjustments or additional features!
Candlestick analysis
Eksiradwin k CCI with Zero SignalCCI with Zero Signal by Edwin K is a custom Commodity Channel Index (CCI) indicator designed for traders to analyze market trends and momentum more effectively. It combines the CCI calculation with a visually distinct histogram and color-coded candlestick bars for enhanced clarity and decision-making.
Key Features:
CCI Line:
Plots the CCI line based on the specified length (default: 21).
Helps identify overbought or oversold conditions, momentum shifts, and trend reversals.
Zero Signal Line:
A horizontal line at 0 serves as a reference point to distinguish between bullish and bearish momentum.
Histogram:
Displays a histogram that reflects the CCI's values.
Histogram bars change colors dynamically based on their relation to the zero line and the trend's direction.
Green/Lime: Positive momentum (above zero).
Red/Maroon: Negative momentum (below zero).
Candlestick Coloring:
Automatically paints candlesticks based on the histogram's color.
Provides an intuitive visual cue for momentum shifts directly on the price chart.
Use Cases:
Trend Confirmation: Use the histogram and candlestick colors to confirm the strength and direction of trends.
Momentum Shifts: Identify transitions between bullish and bearish momentum when the CCI crosses the zero line.
Entry and Exit Points: Combine this indicator with other tools to pinpoint optimal trade entries and exits.
This indicator offers a user-friendly yet powerful visualization of the CCI, making it an excellent tool for traders aiming to enhance their technical analysis.
Dan-Machine Learning: Lorentzian Classification with AlertsAlerts by any colour change in smoothed Heikin Ashi candles.
RSI & CCI Strategy這套 RSI & CCI 策略 結合了兩個受歡迎的技術指標：相對強弱指標 (RSI) 和商品通道指標 (CCI)，並使用風險回報比率和固定止損來設置交易參數，從而幫助您做出更有策略的交易決策。
主要特點：
RSI & CCI指標：RSI用來識別超賣和超買區域，CCI則幫助分析市場的過度買入或賣出情況。
交易條件：
長倉進場：當RSI處於超賣區域（<20）且CCI低於-200時，開啟多頭交易。
短倉進場：當RSI處於超買區域（>80）且CCI高於200時，開啟空頭交易。
風險控制：設置固定止損和基於風險回報比率的止盈點，進一步幫助保護資金，減少風險。
視覺化輔助：在圖表上標註買入和賣出信號，並繪製止損和止盈線，幫助您清楚了解每個交易的風險和回報。
這套策略如何幫助您？
這套策略不僅是基於RSI和CCI的信號觸發，更是融合了止損與風險回報比率的風控設計，讓每一筆交易都能有清晰的風險控制。不論是新手還是有經驗的交易者，都能通過這套策略做出更加理性的交易決策，並減少情緒的影響。
為什麼選擇加入我的社群？
我專注於提供專業的交易策略與風險管理知識，並不斷優化交易模型。通過加入我的社群，您將獲得更多基於市場結構、流動性策略及風險管理的高效交易技巧。我會在社群內與大家共享最新的策略、分析以及市場動態，幫助每位成員實現穩定的交易回報。
加入我的社群，您不僅可以學習更多交易技巧，還能與其他交易者交流，獲取支持和實戰經驗，共同成長！
如果您對這套策略感興趣，或希望獲得更多個性化的建議，隨時與我聯繫，我將非常樂意幫助您提升交易水平，達到理想的盈利目標！
Sensex Option Buy/Sell SignalsSensex Option Buy/Sell Signals generate a new based on candlestick pattern such as doji.
BITCOIN BTC Neural AI Strategy by NHBprodHey everyone, here's a new trading strategy script for Bitcoin, and I’m super excited to share it with you. It’s called the "BITCOIN BTC Neural AI Strategy." It creates a neural network using RSI, MACD, and EMA which are weighted and undergo a mathematical transformation to result in a single value. Plotting the single value, and adding thresholds gives you the ability to trade. This is the strategy script, but I also have the indicator script which can be used to automate buy and sell signals directly to your phone, email, or your bot.
What It Does
RSI: Measures momentum (like, is the market pumped or tired?).
MACD: Checks if momentum is gaining or slowing (super handy for spotting moves).
EMA: Follows the big trend (like the market’s vibe over time).
Then, it smooshes all this data together and spits out a single number I call the Neural Proxy Value. If the value goes above 0.5, enter a long trade, and if it drops below -0.5, you can sell, and even short it if you'd like.
Backtest Results
Some notables:
I included slippage & I included commission.
77% net profit on a 10,000 starting account.
Hundreds of trades, and covers the maximum amount of time allowed in tradingview.
The script is ready for BITCOIN and I deploy it on the 1 hour timeframe because I feel like 1 hour bars get enough data to make solid judgements.
How to Use It
Look at the Neural Proxy line—it’s color-coded and easy to spot.
For traders who only trade long:
When the Neural Proxy line is above 0.5 = buy
When the Neural Proxy line is below -0.5 = sell
For traders who only trade short:
When the Neural Proxy line is above 0.5 = exit the short
When the Neural Proxy line is below -0.5 = enter the short
This strategy (and the pairing indicator script) is able to be used to trade long only, short only, or both long & short to maximize trade opportunities.
Trident FinderIntroduction to the Trident Finder
The Trident Finder is a Pine Script indicator that identifies unique bullish and bearish patterns called Tridents. These patterns are based on specific relationships between consecutive candles, combined with a simple moving average (SMA) filter for added precision. By spotting these patterns, traders can potentially identify high-probability reversal points or trend continuations.
Core Logic
The indicator identifies two patterns:
Bullish Trident
A bullish Trident forms when:
Candle (two candles back) has its High-Low range entirely above Candle (the preceding candle).
Candle (the current candle) has its Open-High-Low-Close (OHLC) above the Low of Candle .
Candle closes higher than it opens and higher than Candle ’s close.
Candle closes below the SMA, indicating a potential upward breakout against the trend.
Bearish Trident
A bearish Trident forms when:
Candle has its High-Low range entirely below Candle .
Candle has its OHLC below the High of Candle .
Candle closes lower than it opens and lower than Candle ’s close.
Candle closes above the SMA, indicating a potential downward breakout against the trend.
Visual Representation
Bullish Tridents are marked with green "Up" labels below the candle.
Bearish Tridents are marked with red "Down" labels above the candle.
The SMA is plotted as a maroon line to serve as a filter for the Trident patterns.
heaven rope Meta AI: Here's a brief description of a price action indicator that works similarly to the Super Moving Channel (SMC) indicator:
Indicator Name: Moving Average Cloud (MAC)
*Description:*
The Moving Average Cloud (MAC) is a price action indicator that combines multiple moving averages to create a "cloud" that surrounds the price action. This cloud acts as a dynamic support and resistance zone, helping traders identify trends, reversals, and potential trading opportunities.
*Key Components:*
1. *Multiple Moving Averages*: The MAC uses a combination of short-term and long-term moving averages to create the cloud.
2. *Cloud Formation*: The moving averages are plotted on the chart, creating a cloud-like formation that adapts to changing market conditions.
3. *Support and Resistance*: The cloud acts as a dynamic support and resistance zone, helping traders identify potential trading opportunities.
*Trading Strategies:*
1. *Trend Following*: Use the MAC to identify the trend direction and follow it.
2. *Mean Reversion*: Look for price action to revert to the mean (the cloud) after a significant move.
3. *Breakout Trading*: Trade breakouts from the cloud, using the cloud as a reference point for support and resistance.
The Moving Average Cloud (MAC) indicator provides a unique perspective on price action, helping traders make more informed decisions.
Meta AI: Here's a brief description of a price action indicator that works similarly to the Super Moving Channel (SMC) indicator:
Indicator Name: Moving Average Cloud (MAC)
*Description:*
The Moving Average Cloud (MAC) is a price action indicator that combines multiple moving averages to create a "cloud" that surrounds the price action. This cloud acts as a dynamic support and resistance zone, helping traders identify trends, reversals, and potential trading opportunities.
*Key Components:*
1. *Multiple Moving Averages*: The MAC uses a combination of short-term and long-term moving averages to create the cloud.
2. *Cloud Formation*: The moving averages are plotted on the chart, creating a cloud-like formation that adapts to changing market conditions.
3. *Support and Resistance*: The cloud acts as a dynamic support and resistance zone, helping traders identify potential trading opportunities.
*Trading Strategies:*
1. *Trend Following*: Use the MAC to identify the trend direction and follow it.
2. *Mean Reversion*: Look for price action to revert to the mean (the cloud) after a significant move.
3. **Breakout Trading
heaven rope Meta AI: Here's a brief description of a price action indicator that works similarly to the Super Moving Channel (SMC) indicator:
Indicator Name: Moving Average Cloud (MAC)
*Description:*
The Moving Average Cloud (MAC) is a price action indicator that combines multiple moving averages to create a "cloud" that surrounds the price action. This cloud acts as a dynamic support and resistance zone, helping traders identify trends, reversals, and potential trading opportunities.
*Key Components:*
1. *Multiple Moving Averages*: The MAC uses a combination of short-term and long-term moving averages to create the cloud.
2. *Cloud Formation*: The moving averages are plotted on the chart, creating a cloud-like formation that adapts to changing market conditions.
3. *Support and Resistance*: The cloud acts as a dynamic support and resistance zone, helping traders identify potential trading opportunities.
*Trading Strategies:*
1. *Trend Following*: Use the MAC to identify the trend direction and follow it.
2. *Mean Reversion*: Look for price action to revert to the mean (the cloud) after a significant move.
3. *Breakout Trading*: Trade breakouts from the cloud, using the cloud as a reference point for support and resistance.
The Moving Average Cloud (MAC) indicator provides a unique perspective on price action, helping traders make more informed decisions.
Meta AI: Here's a brief description of a price action indicator that works similarly to the Super Moving Channel (SMC) indicator:
Indicator Name: Moving Average Cloud (MAC)
*Description:*
The Moving Average Cloud (MAC) is a price action indicator that combines multiple moving averages to create a "cloud" that surrounds the price action. This cloud acts as a dynamic support and resistance zone, helping traders identify trends, reversals, and potential trading opportunities.
*Key Components:*
1. *Multiple Moving Averages*: The MAC uses a combination of short-term and long-term moving averages to create the cloud.
2. *Cloud Formation*: The moving averages are plotted on the chart, creating a cloud-like formation that adapts to changing market conditions.
3. *Support and Resistance*: The cloud acts as a dynamic support and resistance zone, helping traders identify potential trading opportunities.
*Trading Strategies:*
1. *Trend Following*: Use the MAC to identify the trend direction and follow it.
2. *Mean Reversion*: Look for price action to revert to the mean (the cloud) after a significant move.
3. **Breakout Trading
Maverick Henderson Strategy
Maverick Henderson Strategy
A comprehensive technical analysis indicator that combines several powerful tools:
1. Volume Profile with POC (Point of Control)
- Displays volume distribution across price levels
- Shows value areas and POC line
- Helps identify key support/resistance levels
2. Multiple EMAs (10, 50, 100, 200)
- Trend identification and dynamic support/resistance
- Price action confirmation
- Works best with Heikin Ashi candles
3. Swing Detection & Counting System
- Identifies and counts higher highs/lower lows
- Dynamic trend strength measurement
- Automatically resets on EMA200 crossovers
4. RSI Divergence Detection
- Regular bullish/bearish divergences
- Hidden bullish/bearish divergences
- Filtered by EMA200 position
5. Multi-Timeframe Squeeze Momentum
- Analyzes momentum across 1H, 2H, 3H, and 4H timeframes
- Shows momentum convergence/divergence
- Visual color-coded momentum representation
Usage Tips:
- Best performance with Heikin Ashi candles
- Use EMA crossovers for trend confirmation
- Watch for momentum convergence signals
- Monitor RSI divergences for potential reversals
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If you find this indicator helpful, you can support my work:
USDT (BNB Smart Chain - BEP20): 0x0e7fcdcc8939791b48e73882b32df1cddaafa88c
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Estrategia Maverick Henderson
Un indicador de análisis técnico completo que combina varias herramientas poderosas:
1. Perfil de Volumen con POC
- Muestra la distribución del volumen por niveles de precio
- Visualiza áreas de valor y línea POC
- Ayuda a identificar niveles clave de soporte/resistencia
2. Múltiples EMAs (10, 50, 100, 200)
- Identificación de tendencias y soporte/resistencia dinámica
- Confirmación de acción del precio
- Funciona mejor con velas Heikin Ashi
3. Sistema de Detección y Conteo de Swings
- Identifica y cuenta máximos más altos/mínimos más bajos
- Medición dinámica de la fuerza de la tendencia
- Se reinicia automáticamente en cruces de EMA200
4. Detección de Divergencias RSI
- Divergencias regulares alcistas/bajistas
- Divergencias ocultas alcistas/bajistas
- Filtradas por posición respecto a EMA200
5. Momentum Multi-Temporal
- Analiza momentum en marcos de 1H, 2H, 3H y 4H
- Muestra convergencia/divergencia de momentum
- Representación visual codificada por colores
Consejos de Uso:
- Mejor rendimiento con velas Heikin Ashi
- Usar cruces de EMA para confirmación de tendencia
- Observar señales de convergencia de momentum
- Monitorear divergencias RSI para posibles reversiones
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Si encuentras útil este script y deseas apoyar mi trabajo:
USDT (BNB Smart Chain - BEP20): 0x0e7fcdcc8939791b48e73882b32df1cddaafa88c
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Large Body Candle IndicatorFunctionality
Comparison: The indicator compares the body size of the current candle to the maximum body size of the previous 5 candles.
Bullish Candles: When a bullish candle (close > open) has a larger body than the previous 5 candles:
A green triangle is plotted below the candle
The candle is colored green
Bearish Candles: When a bearish candle (close < open) has a larger body than the previous 5
candles:
A red triangle is plotted above the candle
The candle is colored red
Key Components
Lookback Period: Default set to 5 candles, but can be adjusted by the user.
Body Size Calculation: Calculated as the absolute difference between the open and close prices.
Maximum Previous Body Size: Determined by comparing the body sizes of the previous 5 candles.
Candle Classification: Candles are classified as bullish or bearish based on the relationship between open and close prices.
Visual Indicators:
Shape plotting for triangles
Bar coloring for highlighted candles
User Customization
Users can adjust the lookback period through the indicator settings, allowing for flexibility in identifying significant candles based on recent price action.
Use Cases
Identifying potential breakout candles
Spotting significant price movements
Enhancing visual analysis of price action
Supporting decision-making in trading strategies
Limitations
The indicator does not predict future price movements
It's based solely on recent price action and doesn't consider other technical or fundamental factors
Conclusion
The Large Body Candle Indicator provides a simple yet effective way to visually identify candles that show significant price movement relative to recent price action. It can be a valuable tool when used in conjunction with other technical analysis methods.
ZelosKapital Round NumberThe ZelosKapital Round Number Indicator is a tool designed for traders to easily visualize significant round numbers on their charts. Round numbers, such as 1.20000 or 1.21000 in currency pairs, often act as psychological levels in the market where price action tends to react. This indicator automatically marks these levels across the chart, providing a clear reference for potential support and resistance zones. It is customizable, allowing traders to adjust the visual appearance, such as line style, color, and thickness. By highlighting these key levels, the indicator helps traders make more informed decisions and enhances their overall trading analysis.
Quarter Point Theory with Trend Breaks### **Quarter Point Theory with Trend Breaks Indicator**
The **Quarter Point Theory with Trend Breaks** indicator is a technical analysis tool designed to identify key price levels and trend reversals in financial markets. It combines the principles of **Quarter Point Theory**—a concept that highlights the significance of prices at rounded fractional levels of an asset—with trend break detection to provide actionable trading insights.
#### **Key Features:**
1. **Quarter Point Levels:**
- Automatically plots quarter-point levels on the chart (e.g., 0.25, 0.50, 0.75, and 1.00 levels relative to significant price ranges).
- Highlights these levels as areas of psychological importance, where price action is likely to consolidate, reverse, or gain momentum.
2. **Trend Break Detection:**
- Identifies changes in market direction by detecting breaks in prevailing trends.
- Utilizes moving averages, support/resistance lines, or price patterns to signal potential reversals.
3. **Dynamic Visual Cues:**
- Color-coded lines or zones to differentiate between support (green), resistance (red), and neutral zones.
- Alerts or markers when price approaches or breaks through quarter-point levels or trend lines.
4. **Multi-Timeframe Analysis:**
- Offers the ability to analyze quarter-point levels and trend breaks across different timeframes for a comprehensive market view.
5. **Customizable Parameters:**
- Allows traders to adjust the sensitivity of trend break detection and the precision of quarter-point level plotting based on their strategy and asset volatility.
#### **Use Cases:**
- **Swing Trading:** Identify optimal entry and exit points by combining quarter-point levels with trend reversal signals.
- **Day Trading:** Utilize intraday quarter-point levels and quick trend changes for scalping opportunities.
- **Long-Term Investing:** Spot significant price milestones that could indicate major turning points in an asset’s trajectory.
#### **Advantages:**
- Simplifies the complexity of market analysis by focusing on universally significant price levels and trends.
- Enhances decision-making by integrating two powerful market principles into a single indicator.
- Provides a structured framework for risk management by identifying areas where price is likely to react.
The **Quarter Point Theory with Trend Breaks Indicator** is a versatile tool suitable for traders and investors across various markets, including stocks, forex, commodities, and cryptocurrencies. By blending psychology-based levels with technical trend analysis, it empowers users to make well-informed trading decisions.
Key Level Buy/Sell Indicatorindicator that signals candles for the highest price when the candles have been over-brought to get in for a sell and signal the candles for the lowest price when the market has been over-sold to get in a trade for a buy at key levels of the market giving accurate results.
sell & buy indicator for BEHRAD//@version=5
indicator("اندیکاتور خرید و فروش", overlay=true)
// تنظیمات
rsiPeriod = input(14, title="دوره RSI")
rsiOverbought = input(70, title="اشباع خرید (Overbought)")
rsiOversold = input(30, title="اشباع فروش (Oversold)")
shortMA = input(9, title="میانگین متحرک کوتاهمدت")
longMA = input(21, title="میانگین متحرک بلندمدت")
// محاسبات
rsi = ta.rsi(close, rsiPeriod)
shortMAValue = ta.sma(close, shortMA)
longMAValue = ta.sma(close, longMA)
// سیگنالها
buySignal = rsi < rsiOversold and shortMAValue > longMAValue
sellSignal = rsi > rsiOverbought and shortMAValue < longMAValue
// ترسیم نقاط خرید و فروش
plotshape(buySignal, title="خرید", location=location.belowbar, color=color.green, style=shape.labelup, text="Buy")
plotshape(sellSignal, title="فروش", location=location.abovebar, color=color.red, style=shape.labeldown, text="Sell")
// میانگینها
plot(shortMAValue, color=color.blue, title="میانگین کوتاهمدت")
plot(longMAValue, color=color.orange, title="میانگین بلندمدت")
Daily Range Breakout StrategyThis strategy is designed to detect session highs and lows during a specified time window and place trades based on breakout conditions. It integrates robust range detection logic inspired by the DR/IDR methodology, ensuring accurate high/low calculations for each session.
Key Features:
Session-Based High/Low Detection.
Trade Placement After Session Ends.
Stop Loss and Take Profit Levels.
Date-Based Backtesting.
Visualization.
Debugging Logs.
Multi Indicator SummaryPurpose: It calculates and displays bullish and bearish order blocks, key levels derived from recent price movements, which traders use to identify potential support and resistance areas.
Inputs: Users can customize the order block length, defining the range of price data used for calculations.
Logic: The script uses ta.lowest and ta.highest functions to compute order blocks based on specified periods for bullish and bearish trends.
Additional Levels: It identifies extra order blocks (bullish_below and bearish_above) to provide more context for deeper support or higher resistance.
Price Table: A visual table is created on the chart, showing the current price, bullish and bearish order blocks, and additional bearish levels above the current price.
Alerts: Alerts are triggered when the price crosses key order block levels, helping traders react to significant price movements.
Flexibility: The table dynamically updates based on the chart’s ticker and timeframe, ensuring it always reflects the latest data.
Bearish Above Price: Highlights the most recent bearish order block above the current price to inform traders about potential resistance areas.
Visualization: The clear table format aids quick decision-making by summarizing key levels in an accessible way.
Usability: This script is especially useful for intraday and swing traders seeking to integrate order block analysis into their strategies.
Custom Strategy TO Spread strategy//@version=5
indicator("Custom Strategy", shorttitle="CustomStrat", overlay=true)
// Configuração das SMAs
smaShort = ta.sma(close, 8)
smaLong = ta.sma(close, 21)
// Configuração da Supertrend
atrPeriod = 10
atrFactor = 2
= ta.supertrend(atrFactor, atrPeriod)
// Cálculo do spread
spread = high - low
spreadThreshold = 0.20 * close // 20% do preço atual
// Condições de entrada
crossOver = ta.crossover(smaShort, smaLong)
crossUnder = ta.crossunder(smaShort, smaLong)
superTrendCross = (close > superTrend) and (close < superTrend )
superTrendConfirm = ta.barssince(superTrendCross) <= 6
// Volume
volumeConfirmation = (volume > volume ) and (volume > volume )
volumeAverage = ta.sma(volume, 15) > ta.sma(volume , 15)
// Condição final
entryCondition = (crossOver or crossUnder) and superTrendConfirm and (spread > spreadThreshold) and volumeConfirmation and volumeAverage
// Alertas
if (entryCondition)
alert("Condição de entrada atendida!", alert.freq_once_per_bar_close)
Volatility Crypto Trading Strategy//@version=5
indicator("Volatility Crypto Trading Strategy", overlay=true)
// Input parameters for Bollinger Bands and MACD
bb_length = input.int(20, title="Bollinger Band Length")
bb_std_dev = input.float(2.0, title="Bollinger Band Standard Deviation")
macd_fast = input.int(12, title="MACD Fast Length")
macd_slow = input.int(26, title="MACD Slow Length")
macd_signal = input.int(9, title="MACD Signal Length")
// Input for higher timeframe
htf = input.timeframe("30", title="Higher Timeframe")
// Bollinger Bands calculation
bb_basis = ta.sma(close, bb_length)
bb_upper = bb_basis + bb_std_dev * ta.stdev(close, bb_length)
bb_lower = bb_basis - bb_std_dev * ta.stdev(close, bb_length)
// MACD calculation
= ta.macd(close, macd_fast, macd_slow, macd_signal)
// Higher timeframe trend confirmation
htf_close = request.security(syminfo.tickerid, htf, close)
htf_trend = ta.sma(htf_close, bb_length)
higher_trend_up = htf_close > htf_trend
higher_trend_down = htf_close < htf_trend
// Entry conditions
long_condition = close < bb_lower and macd_line > signal_line and higher_trend_up
short_condition = close > bb_upper and macd_line < signal_line and higher_trend_down
// Exit conditions
long_exit_condition = close >= bb_basis * 1.1
short_exit_condition = close <= bb_basis * 0.9
// Plot Bollinger Bands
plot(bb_upper, color=color.red, title="Upper Bollinger Band")
plot(bb_lower, color=color.green, title="Lower Bollinger Band")
plot(bb_basis, color=color.blue, title="Bollinger Band Basis")
// Plot Buy/Sell signals
plotshape(series=long_condition, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(series=short_condition, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
// Alerts
alertcondition(long_condition, title="Long Entry", message="Buy Signal")
alertcondition(short_condition, title="Short Entry", message="Sell Signal")
alertcondition(long_exit_condition, title="Long Exit", message="Exit Long")
alertcondition(short_exit_condition, title="Short Exit", message="Exit Short")
Fibonacci RepulseFibonacci Repulse with Trend Table 📉📈
Description: The "Fibonacci Repulse" indicator for TradingView combines Fibonacci retracement levels with dynamic support/resistance detection, providing real-time price action insights. 🔄 This powerful tool plots critical Fibonacci retracement levels (23.6%, 38.2%, and 50%) based on the highest and lowest swing points over a user-defined lookback period. The indicator automatically detects bullish retests, alerting you when the price touches and closes above any of the Fibonacci levels, indicating potential upward momentum. 🚀
Key Features:
Fibonacci Retracement Levels 📊: Plots key levels (23.6%, 38.2%, 50%) dynamically based on the highest and lowest price swings over a customizable lookback period.
Bullish Retests Alerts ⚡: Identifies and marks bullish retests when the price touches the Fibonacci levels and closes above them, signaling potential upward movement.
Real-Time Trend Detection 🔍: Displays the current market trend as "Bullish," "Bearish," or "Sideways" in a clear, easy-to-read table in the bottom right corner of the chart. This is determined based on the price's position relative to the Fibonacci levels.
Customizable Settings ⚙️: Adjust the lookback period and label offsets for optimal visual customization.
How It Works:
The indicator calculates the Fibonacci retracement levels between the highest high and the lowest low within a user-defined period. 🧮
It draws extended lines at the 23.6%, 38.2%, and 50% retracement levels, updating them as the chart moves. 📉
When the price touches a Fibonacci level and closes above it, a "Bullish Retest" label appears, signaling a potential buy opportunity. 💡
A real-time trend status table updates automatically in the chart's bottom-right corner, helping traders quickly assess the market's trend direction: Bullish, Bearish, or Sideways. 🔄
Why Use It: This indicator is perfect for traders looking for a clear and visual way to incorporate Fibonacci levels into their trading strategies, with real-time feedback on trend direction and price action signals. Whether you are a novice or an experienced trader, "Fibonacci Repulse" provides a powerful tool for identifying potential reversal points and confirming trends, enhancing your trading strategy. 📈💪
Logarithmic IndicatorThis logarithmic indicator does the following:
It calculates the logarithm of the chosen price (default is close price) using a user-defined base (default is 10).
It then calculates a Simple Moving Average (SMA) of the logarithmic values.
Both the logarithmic value and its SMA are plotted on the chart.
To improve visibility, it also plots an upper and lower band based on the highest and lowest values over the last 100 periods.
To use this indicator:
Open the TradingView Pine Editor.
Paste the code into the editor.
Click "Add to Chart" or "Save" to apply the indicator to your chart.
Adjust the input parameters in the indicator settings as needed.
You can customize this indicator further by:
Changing the color scheme
Adding more moving averages or other technical indicators
Implementing alerts based on crossovers or other conditions
Remember, logarithmic scales are often used in finance to visualize data that spans several orders of magnitude, making it easier to see percentage changes over time.
Heikin Ashi Candle Time Frame @tradingbauhausHeikin Ashi Strategy with Moving Average Crossovers @tradingbauhaus
This strategy is based on the interpretation of Heikin Ashi charts combined with the crossover of Exponential Moving Averages (EMA) to identify buy and sell signals. Additionally, an optional MACD filter is used to improve the accuracy of the signals.
What are Heikin Ashi Candles?
Heikin Ashi candles are a type of candlestick chart that smooths out market noise and makes trends easier to spot. The key difference between Heikin Ashi and regular candlesticks is that Heikin Ashi calculates open, close, high, and low differently, which helps identify trends more clearly.
How the Strategy Works:
Heikin Ashi Calculation:
Close (ha_close): It is calculated as the average of the open, high, low, and close of the regular candlestick.
ha_close = (open + high + low + close) / 4
Open (ha_open): It is calculated using the average of the previous Heikin Ashi open and close values, which smooths the series and better reflects trends:
ha_open := na(ha_open ) ? (open + close) / 2 : (ha_open + ha_close ) / 2
High (ha_high): The maximum of the regular high, Heikin Ashi open, and Heikin Ashi close.
Low (ha_low): The minimum of the regular low, Heikin Ashi open, and Heikin Ashi close.
Buy and Sell Signals:
Buy Signal (Long): This is generated when the Heikin Ashi EMA (an exponential moving average calculated with Heikin Ashi prices) crosses above the Slow EMA. The signal is confirmed by the MACD crossover (if the MACD filter is enabled).
Sell Signal (Short): This is generated when the Heikin Ashi EMA crosses below the Slow EMA, indicating a potential downtrend.
MACD as an Optional Filter:
The MACD is a momentum indicator that shows the relationship between two moving averages. In this strategy, if the MACD filter is enabled, buy and sell signals will only be triggered if the MACD also aligns with the direction of the signal.
MACD Filter: The MACD is calculated on an independent timeframe and used as a filter. If the MACD confirms the trend (i.e., if the MACD is above its signal line for a buy or below for a sell), the signal is valid.
Moving Averages Calculations:
The Heikin Ashi EMA is calculated using the Heikin Ashi close values over a configurable period.
The SMA (Simple Moving Average) is calculated using the regular close prices of the candles.
Plotting the Signals:
When a buy signal is detected, a green upward triangle is plotted below the bar.
When a sell signal is detected, a red downward triangle is plotted above the bar.
Strategy Configuration:
Heikin Ashi Timeframe (res):
Here, you can choose the timeframe of the Heikin Ashi candles you wish to analyze (for example, 60 minutes).
Heikin Ashi EMA (fama):
Set the period for the Exponential Moving Average (EMA) used with Heikin Ashi prices.
Slow EMA (sloma):
Set the period for the Slow EMA that determines the crossover signals for buy and sell.
MACD Filter (macdf):
If enabled, the strategy will only trigger buy and sell signals if the MACD also confirms the trend. If disabled, the strategy will trigger signals regardless of the MACD.
MACD Timeframe (res2):
You can select the timeframe for calculating the MACD, so it can be compared with the other signals.
MACD Shift (macds):
This setting controls the amount of shift applied to the MACD calculation.
Trading Signals:
Buy Signal (Long):
Generated when the Heikin Ashi EMA crosses above the Slow EMA and the MACD confirms the trend (if the MACD filter is enabled). This indicates a potential opportunity to enter a long (buy) position.
Sell Signal (Short):
Generated when the Heikin Ashi EMA crosses below the Slow EMA and the MACD confirms the trend (if the MACD filter is enabled). This indicates a potential opportunity to enter a short (sell) position.
TradingView Script Code:
This code can be used directly on TradingView. It provides an automated trading strategy that calculates buy and sell signals and displays them as graphical arrows on the chart. It also includes alerts, so you can receive notifications when the strategy conditions are met.
Alerts:
Buy Alert: Triggered when the Heikin Ashi EMA crosses above the Slow EMA or when the MACD confirms the signal.
Sell Alert: Triggered when the Heikin Ashi EMA crosses below the Slow EMA or when the MACD confirms the signal.
How to Use the Strategy:
Add to Your Chart: Copy and paste the code into the Pine Script editor in TradingView and run it on your chart.
Adjust Parameters: You can modify parameters such as the period of the EMAs and MACD to tailor the strategy to your trading preferences.
Follow the Signals: Watch for buy and sell signals (green and red arrows) on the chart to identify potential entry and exit points.
