CM Opening Range-Asia and Europe SessionCM Opening Range Asia AndEurope Sessions
Requested by rayhug1 to use Asia Range of 5pm Est to 2am Est...uses 540 minutes (5pm to 2am Est — 9 Hours) to calculate the Range...then breakouts trigger after 2am
-Ability to change Start and End Times to use any entire session.
---Defaults to 540 minutes (9 hours) but Opening Range Calculation can be changed to 1 hour, 2 hour etc. in Inputs tab
***Known Bug…Currently will NOT Plot accurately the U.S. Session from 0800 to 0759. Will Update Indicator when Fixed.
-Ability to Change the Start and End Times to Accommodate any session.
—Default is 1700 to 1659 (Asian Range)
—Europe Session 0200 to 0159
***All times are based on New York Time or Eastern Standard time … GMT-5
***Times will change based on Daylight Savings Time.
Pinescript
CM_Ultimate RSI Multi Time FrameAvailable Options on Inputs Tab!!!
RSI with ability to change first RSI to a different Time Frame.(Defaults To Current Chart Time Frame).
Ability To Turn On/Off Background Highlighting if First RSI is Above/Below 70 or 30 Lines.
Ability To Turn On/Off Background Highlighting When First RSI Crosses Above 30 Or Below 70.
Ability To Turn On/Off "B" Or "S" When First RSI Crosses Above 30 Or Below 70.
Ability To Turn On/Off Mid -Line Plot.
Option To Plot 2nd RSI to show different Time Frames on same chart!!!
Ability To Use Different Look Back Period If You Plot 2nd RSI.
CM_Enhanced CCI V2Added 0 Line, + - 200 lines
Added a line that hi-lights the outside of the CCI
Updated 8/12/2014 by request for christian.david.75457
Added Ability To Plot 2nd CCI - !!!
Added ability to turn On/Off the +-200 lines.
Added Ability to Turn On/Off Show Area of CCI
Added Ability To Turn On/Off Show The Outer CCI Line
CM_Guppy_EMAGuppy EMA Trend Based Indicator Requested by 2use
General RULES
1. If Fast and Slow EMA's are ALL in Uptrend. Fast EMA=Aqua Slow EMA's=Green.
2. If Fast And Slow EMA's are ALL in DownTrend. Fast EMA's=Orange Slow EMA's=Red.
3. If Conditions 1 or 2 = False the Color=Silver.
4. If Down Trend Slow EMA's = Resistance.
5. If Up Trend Slow EMA's = Support.
6. Great Moves Start when Color=Silver, then colors change to Up or Down Trend.
7. Conservative move is to wait for 1st or 2nd Pullback.
CM_RSI Plus EMARSI with EMA Signal Created By Request For @motcha1
@motcha1 Requested the RSI with EMA Signal.
A Larry Williams Follower who says it's a Great
Entry Signal when RSI Crosses EMA When VIX
Is Showing A Potential Bottom. Looks Good!!!
Link to Lower Indicator CM_Williams_Vix_Fix
CM Enhanced Ichimoku Cloud-V4CM Enhanced Ichimoku Cloud-V4 Updated For Alerts!!!
Correct Plot Names For Alerts!
Ability to Turn On/Off Color Of Cloud Based On Trend!
CM_Twiggs Money FlowFull Credit goes to LazyBear for publishing Original Code.
I added:
Threshold lines that changes the color of Histogram based on if it exceeds Threshold lines. Ability to turn off and on.
Ability to Turn Histogram Off/On
Ability to turn Twiggs Money Flow Line Off/On
CM_Hourly PivotsSimple Code for Hourly Pivot Points Requested by user pippo
Inputs Tab:
Turn On/Off Pivots
Turn On/Off R3/S3
CM_Gann_Swing_HighLowCustom Indicator - Gann Swing High Low
Uses New Plot Types
Inputs Tab Options:
Use Up/Down Arrows - Or Circles!
Turn Up/Down Arrows at Top and Bottom of Screen On/Off
New Top/Bottom of Screen Plot Types
New Up/Down Arrow Plot Types
Full Credit Goes to Glaz for Creating Code.
Created By Request for @dvk1970
CM_Ultimate_MA_MTF_V2CM_Ultimate_MA_MTF_V2 - Added Tilson T3
Defaults to Current Timeframe on Chart.
Ability to Plot 2nd Moving Average.
Ability to set Moving Averages to Custom Chart TimeFrame. Example Daily Ma on 60 Minute chart. Many Different Options from Weekly to 1 Minute.
Ability to Plot Cross where Moving Averages Cross (If using 2nd Moving Average).
Ability to Plot Highlight Bars when Price Crosses 1st Moving Average, or 2nd MA.
Moving Averages Supported in Inputs Tab
SMA - Simple Moving Average
EMA - Exponential Moving Average
WMA - Weighted Moving Average
HullMA - Hull Moving Average
VWMA - Volume Weighted Moving Average
RMA - Moving Average used in RSI - Similar to EMA
TEMA - Triple Exponential Moving Average
Tilson T3 - Tilson T3 Moving Average
CM_Parabolic SAREnhanced Parabolic Sar
Simply Enhances Default Parabolic SAR by creating Two Color Options, One for UpTrend, Other for DownTrend
Ability To Turn On/Off The Up Trending Parabolic SAR, And The Down Trending Parabolic SAR
Great Indicator For Trailing Stops.
CM_Williams_Vix_Fix Finds Market BottomsLarry Williams Developed This Incredible Indicator. It Gives The Same Readings The VIX does for Stock Index’s…But This Indicator Works on All Asset Classes.
I Customized The Settings Slightly To Create “Percentile” Based Highlight Bars…So You May Need To Adjust Slightly For Your Asset Class. These Are The Standard Settings Shown Here. Designed For Daily Charts…But Works GREAT On Intra-Day Charts!!!
Download the PDF and Read To Learn Larry’s Thought Process.
Link To PDF:
dl.dropboxusercontent.com
CM_Modified_Heikin-Ashi_TrendBarsCreated By Request for lucalucious
Allows for EMA Smoothing with different values for Up and Down Trend.
Ability to Plot EMA to see Trend Filter
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million.
A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day.
The formula worked so well…Owen charged other Traders 1K to get it.
I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low.
While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low.
Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out.
***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts.
***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Opening Range Breakout with 2 Profit Targets.Opening Range Breakout with 2 Profit Targets.
Updated Indicator now works on all Symbols with Many Different Session Options.
***Known PineScript Issue…While the Opening Range is being Formed the lines only adjust for that individual bar. Just reset Indicator after Opening Range Completes.
***All Times are Based on New York Time
Session Options Forex U.S. Banks Open (8:00), Gold U.S. Open (8:20), Oil U.S. Open (9:00), U.S. Cash Session - Stocks (9:30), NY Forex Open (17:00) , Europe Open (02:00), or if you choose Setting 0 the Session Runs from 00:00 to 00:00 (Midnight to Midnight).
***Ability to use 60 minute Opening Range, 30 minute, 15 minute, and many other options.
***However you can manually change the times in the Inputs Tab to adjust for any session you prefer. This is useful for Day Light Savings Adjustments. Also the default times work if your charts are set to EST Time. If you use A different time zone in your settings you need to Adjust the times in the inputs tab.
Initially Opening Range High and Low plot as Yellow Lines. If Price Goes Above Opening Range then Line Turns Green. If Price Goes Below Opening Range Line Turns Red.
By default the First Profit Target is 1/2 the Width of the Opening Range and the 2nd Profit Target is 1 Times the Opening Range. However these are Adjustable in the Inputs Tab.
By Default the Opening Range Length is 1 Hour. However, you can Change the Opening Range Length to 15 min, 30 min, 2 hours etc. in the Inputs Tab.
Plots a 1 Above or Below Candle when 1st Profit Target is Achieved, and a 2 when 2nd Profit Target is Achieved.
_CM_BarRange_PercentileI know a Trader that went 18 months without a losing trade. This Trader averaged trading 700-800 contracts per month in the Futures markets.
The was not his only system but here were his rules.
He looked at the 60 minute bar and calculated the ranges of the bars over the last 3 months. IF the range of the Bar was Greater Than the 99th Percentile, He would Fade that move or take the trade in the opposite direction.
Thought process is If the Price Bar is Greater Than the 99th Percentile then typically the market reverses. This happens a lot of times at news events. If you’ve studied the markets long enough you know if a Nes based event causes a Huge Move, which we define as Greater than the 99th Percentile, the Market typically moves in the opposite direction.
***This is dependent on the Instrument your trading and the time frame your trading. Some Instruments and time frames this signals a continuation move.
I also added in the Low of the Range based on the 99th Percentile. Often times Low Range Bars…especially if they appear at the top of a swing move, or the bottom of a swing move…create a high probability entry once the High or Low of the bar is taken out in the opposite direction of the previous move…The Low Range bars show indecision after a strong move and create great reversal opportunities.
Works on All Time Frames…again depending on the instrument your trading.
On instruments that MOVE or have High Volatility like Crude and Oil you can get great signals on 1 minute bars.
***Code includes ability to pick ham many bars you want your Look Back Period To Be.
***You can change the percentages to use the 99th Percentile, or 95th percentile, etc…
***The Green Line is the Value of the High Range Percentile.
***The Red Line is the Value of the Low Range Percentile.
***Plots a Magenta Cross on the Red Line if the Range is Below the Low Range Percentile.
***Plots a yellow Cross on the Green Line if the Range is Greater Than the High Range Percentile.
***The Aqua line is the Midpoint of the Range. Or the Average Price Move.
***Colors the Price Bar Yellow if the Range exceeds the High Range Percentile.
***Colors The Bar Magenta if the Range is Less Than the Low Range Percentile
***All parameters can be turned on or off via Check Boxes in the Inputs Tab
We Are Witnessing A Historical Event With A Clear Outcome!!!"Full Disclosure: I came across this information from www.SentimenTrader.com
I have no financial affiliation…They provide incredible statistical facts on
The General Market, Currencies, and Futures. They offer a two week free trial.
I Highly Recommend.
The S&P 500 has gone 43 trading days without a 1% daily move, up or down.
which is the equivalent of two months and one day in trading days.
During this stretch, the S&P has gained more than 4%,
and it has notched a 52-week high recently as well.
Since 1952, there were nine other precedents. All of
these went 42 trading days without a 1% move, all of
them saw the S&P gain at least 4% during their streaks,
and all of them saw the S&P close at a 52-week highs.
***There was consistent weakness a week later, with only three
gainers, and all below +0.5%.
***After that, stocks did better, often continuing an Extraordinary move higher.
Charts can sometimes give us a better nuance than
numbers from a table, and from the charts we can see a
general pattern -
***if stocks held up well in the following
weeks, then they tended to do extremely well in the
months ahead.
***If stocks started to stumble after this two-
month period of calm, however, then the following months
tended to show a lot more volatility.
We already know we're seeing an exceptional market
environment at the moment, going against a large number
of precedents that argued for weakness here, instead of
the rally we've seen. If we continue to head higher in
spite of everything, these precedents would suggest that
we're in the midst of something that could be TRULY EXTRAORDINARY.
CM_Pivot Points_CustomCustom Pivots Indicator - Plots Yearly, Quarterly, Monthly, Weekly, and Daily Levels.
I created this indicator because when you have multiple Pivots on one chart (For Example The Monthly, Weekly, And Daily Pivots), the only way to know exactly what pivot level your looking at is to color ALL S1 Pivots the same color, but create the plot types to look different. For example S1 = Bright Green with Daily being small circles, weekly being bigger circles, and monthly being even bigger crosses for example. This allows you to visually know exactly what pivot levels your looking at…Instantly without thinking. This indicator allows you to Choose any clor you want for any Pivot Level, and Choose The Plot Type.
Code Plots - High, Low, Open, Close—Daily, Weekly, & Monthly!!!Custom Code Plots High, Low, Open, Close
Plots Today And/Or Previous Day
Daily, Weekly, & Monthly TimeFrames
Default Settings:
Green = High
Silver = Open
Fuchsia = Close
Red = Low
Current D-W-M = Circles as Plots
Previous D-W-M = Cross as Plots
By Default The Current Days High, Low, Open, Close Plots. There are Check boxes On The Inputs Tab To Turn All Options On And Off.
***Tip - For Intra-Day Trades…I Find It Useful To Plot Previous Days High, Low, Open, Close For Support/Resistance, & Breakout Levels. Plotting the Current Weekly and Monthly Levels Is Also Very Useful.
***If You Trade Daily Charts The Previous Months Levels Are Very Useful as Support/Resistance, & Breakout Levels….
Code For High, Low, Open, Close
pastebin.com
Video On Importing Custom Indicators from PasteBin:
videos.tradingview.com
Indicators: Better Volume Indicator & InstrumentVolumeBetter Volume Indicator
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This is a direct port of a famous indicator from Tradestation platform.
BVI improves on your typical volume histogram by coloring the bars based on 5 criteria:
* Volume Climax Up – high volume, high range, up bars (red)
* Volume Climax Down – high volume, high range, down bars (white)
* High Volume Churn – high volume, low range bars (green, barcolor= blue)
* Low Volume – low volume bars (yellow)
* Volume Climax plus High Volume Churn – both the above conditions (magenta)
When there are no volume signals the default histogram bar coloring is cyan.
Bars can also be colored to match volume color. Enable "Change BarColors?" in the options page.
Volume Climax Up bars are typically seen at:
* The start of up trends
* The end of up trends, and
* Pullbacks during down trends.
Volume Climax Down bars are typically seen at:
* The start of down trends
* The end of down trends, and
* Pullbacks during up trends.
High Volume Churn bars are typically seen at:
* The end of up trends
* The end of down trends, and
* Profit taking mid-trend.
Low Volume bars are typically seen at:
* The end of up trends
* The end of down trends, and
* Pullbacks mid-trend.
More info:
emini-watch.com
Instrument Volume
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This is a simple script that allows you to plot volume for any instrument.
Very handy when you want to compare volumes. Just add multiple instances and select the symbol you want via Options page.
This script also gets close/open for the selected symbol. If you are itching to get started on Pinescripting (scripting language used at TV), I suggest trying out the following, using this script as the template:
- Show RSI for any instrument
(hint: "close" for the selected symbol is already in script. Do a "plot(rsi(c, 14))")
- MACD / CCI / ....
- Plot the difference (not correlation). This may be of interest in some instruments.
For ex. BTC in BTCE exchange mostly lags BITSTAMP.
Hope this piques your interest in Pine. Feel free to post in the Pinescript room if you have any queries.
Custom Indicator--Interesting Thought Process!I was asked to create this Indicator by TV user Drat. In the 1st Post I go into Specific Details of the Indicator. The Concept is Valid and the 1st Post is Worth Reading.
Found $13K Profit-Simple Strategy-Highlights Days Of The WeekSee 1st Chart Post For Specific Details. Custom Indicator Highlights Bars for Specific Days of Week. Works on Daily Charts and Intraday Charts. Option to Highlight One Day or Multiple Days.
Indicator: Volatility Quality Index [VQI]Volatility Quality Index (VQI), by Thomas Stridsman, points out the difference between bad and good volatility in order to identify better trade opportunities in the market.
This plots 3 lines:
- Red line is the VQI (actually, sum of VQI).
- Green line is the 9-period SMA of sum_of_VQI.
- Orange line is the 200-period SMA of sum_of_VQI.
Stridsman suggested to buy when VQI has increased in the previous 10 bars (use the SMAs) and sell when it has decreased in the previous 10 bars. IMO, use this with your other indicators as a confirmation signal.
More info: www.3pips.com
To use this indicator in your charts, click on "Share" button (top right on the chart). Click on "Make it mine" button on the dialog that pops up. Now, you will have a copy of this chart with the indicator's source code in it. Click on "{}" to open the source code of VQI_LB and save it to your custom scripts section.