GartleyPattern_ULTRA V1 [NXT2017] Autodrawing Harmonic PatternPrivate indicator.
HI BIG PLAYERS AROUND THE WORLD,
this script allows to draw automatically lines of Gartley Pattern. The Gartley Pattern is part of Harmonic Pattern.
Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator GartleyPattern_ULTRA V1 to give early signals. In the default settings, the signals are displayed with a blue background on the chart.
NO REPAINT
As soon as the most points of the pattern are developed, the last point is a fix prediction without any repaints!
GartleyPattern_ULTRA V1 is offered for sale. More information can be found below in the signature.
In the settings it is possible to change the degree of details. This is sometimes necessary because TradingView limited only 55 lines per indicator in Pinescript Version 4.
Furthermore, you can set a range how much bars back you want go from current bar for the automatic drawings. As default is setting 2000 bars back.
In extreme cases it is possible to change the settings to "lite" that the Gartley Pattern represent waves only with 2 lines. This allows the indicator to detect far more Gartley Pattern on the same chart.
For more great indicators everyone is invited to follow me on TradingView.
Kind regards
NXT2017
More Examples:
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Yearly+Monthly PivotsThe following script helps you instantly plot yearly and monthly plots for indices, equities, commodities etc.
This can help you know the major monthly and yearly resistances and support.
The pivots described in the book are discussed in " Secrets of a Pivot Boss" by Franklin O. Ochoa.
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Yearly Pivots :
Floor pivots -
The yearly pivots are labelled for quick reference.
YR1 - Yearly Resistance 1 - Black line
YR2 - Yearly Resistance 2 - Black line
YPP - Yearly CPR - Blue circles
YS1 - Yearly Support 1 - Green line
Note : S2 and S3 are not plotted as they are rarely touched over the course of a year.
Camarilla pivots -
YH3,YH4 - Fuchsia line
YL3,YL4 - Orange line
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Monthly Pivots :
The monthly pivots have same color code as yearly pivots.
Floor pivots -
The following are plotted :-
R1,R2,R3,R4,S1,S2 - step_line
CPR - cross
Camarilla pivots -
H1,H2,L1,L2 - dotted
H3,H4,H5,L3,L4,L5 - step_line
Note : H5 and L5 are faded to avoid confusion with other resistances and support.
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Constructive feedback appreciated.
Disclaimer : The indicators, strategies, columns, articles and all other features discussed here are for educational purposes only and should not be construed as investment and/or trading advice/tips.
TON BotThis script is based on mathematical calculations of the average price on a chart for a certain period of time. And it shows the impulse moments on a U-turn.
It is recommended to use an indicator (script) using a chart with a time frame of 1 hour. On other timeframes, you can also use it for medium-term trend trading and change some settings.
The indicator (script) is well suited for intraday trading strategy, scalping and short-term medium-term. Inside the day, on the 1 hour timeframe, the indicator determines high and low price values. You must also take into account the direction of the trend on older timeframes, since in the lateral movement the flat indicator can (locally) mislead you.
An interesting characteristic of this (script) bot is the ability to configure alert alerts from the chart in the Telegram channel, that's why it is called that.
Recommended for use with additional technical analysis tools.
Before applying this indicator, be sure to study its behavior on the history of the chart!
(JS) Ultimate RSISo my goal here was to combine all of my RSI ideas into a single indicator in order to make kind of a "Swiss Army Knife" version of the Relative Strength Index ...
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So, let's begin with the first RSI indicator I made, which is the RSIDVW (Divergence/Volume Weighted);
To rephrase my original post, the "divergence/volume weighted" portion is meant to expand upon the current RSI format by adding more variables into the equation.
The standard RSI is based off one value that you select (open, close, OHLC4, HLC3, etc.) while this version takes three variables into account.
The default setting is to have RSI normal without anything added to it (Divergence Weight = 0)
1st - it takes the standard variable that RSI normally uses.
2nd - it factors RSI divergence by taking the RSI change % and price change % to form a ratio. Using this ratio, I duplicated the RSI formula and created a divergence RS to be factored in with the standard price RS .
3rd - it takes Relative Volume and amplifies/weakens the move based upon volume confirmation. (So if Relative Volume for a price bar is 1.0, the RSI plot would be the same as it normally would)
So to explain the parameters
- Relative Volume Length: This uses the RV length you specify to determine spikes in volume (or lack of volume ), which then is added into the formula to influence the strength of the RSI move
- RV x Divergence: This is how I calculated the original formula, but you can leave this unchecked to turn Relative Volume off, or apply elsewhere.
- RV x RS: There's two sides, Divergence RS and Standard RS - these check marks allow you to select which part you prefer to be multiplied by Relative Volume .
Checking neither turns off Relative Volume , while checking both amplifies its effects by placing it on both sides of the equation.
-Divergence Weight: This controls how much the DVW portion of the formula influences the RSI plot. As I referred to earlier, default is 0 making RSI normal. The Scale is 0-2, so 1.0 would be the same as 50%.
When I do have DVW on, I generally set it to 0.5
-SMA Divergence: To smooth, or not to smooth, that is the question. UJsing an SMA here is much smoother in my opinon, but leaving it unchecked runs it through an RMA the same way standard RSI is calculated.
-Show Fractal Channel: This allows you to see the whole fractal channel around the RSI (This portion of the code, compliments of the original Ricardo Santos fractal script)
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The next portion of the script is adding a "Slow RSI"...
This is rather simple really, it allows you to add a second RSI plot so that you can watch for crossovers between fast and slow lines.
-Slow RSI: This turns on the second RSI Plot.
-Slow RSI Length: This determines the length of the second RSI Plot.
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Pivot Point RSI was something a friend of mine requested I make which turned out pretty cool, I thought... It is also available in this indicator.
-Pivot Points: Selecting this enables the rest of the pivot point related parts of the script
If Pivot Points isn't selected, none of the following things will work
-Plot Pivot: Plots the pivot point .
-Plot S1/R1: Plots S1/R1.
-Plot S2/R2: Plots S2/R2.
-Plot S3/R3: Plots S3/R3.
-Plot S4/R4: Plots S4/R4.
-Plot S5/R5: Plots S5/R5.
-Plot Halfway Points: Plots a line between each pivot .
-Show Pivot Labels: Shows the proper label for each pivot .
When using intraday charts, from a 15 minute interval or less the pivots are calculated based on a single days worth of price action, above that the distance expands.
Here are the current resolutions Pivot Points will work with:
Minutes - 1 , 2, 3, 5, 10, 13, 15, 20, 30, 39, 78, 130, 195
Hours - 1, 2, 3, 4, 5, 6
Daily
Weekly
Currently not available on seconds or monthly
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Background Colors
Background Colors: I have six color schemes I created for this which can be toggled here (they can be edited).
Gray Background for Dark Mode: Having this on looks much better when using dark mode on your charts.
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Now finally the last portion, Fibonacci Levels
-Fibonacci Levels: This is off, by default, which then uses the standard levels on RSI (30-50-70). When turned on, it removes these and marks fib levels from 0.146 through 0.886.
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So the quick rundown:
Ultimate RSI contains "divergence/volume weighted" modifications, a slow RSI plot, pivot points , and Fibonacci levels all while auto-plotting divergence and having the trend illustrated in the background colors.
RSI has always been my "go to" indicator, so I hope you all enjoy this as much as I do!
3 Points DiagonalsThis script Identifies diagonal lines that touch or nearly touch at least 3 pivot points.
SETTINGS
Left/Right bars: have to be adjusted to the timeframe and ticker
Source: to chose the price level used to draw the lines
3rd Point offset: How distant % wise from the diag the third point has to be to show the line
Max Slope: adjust to remove lines that point too far high or too far below the chart. Also a % value based on the maximum slope of the chart
Max bars crossed: It removes the diags that cross too many candle bodies to keep the chart clean
Pivot Points (Scalptrading)Classic Pivotpoints useful for Scalptrading.
Input Timeframes: Hourly, 4-Hourly, Daily
Month breaksA very simple indicator that marks the start of every month with a vertical line. But default the vertical line is gray with 80% transparency but you can customize the style/color/transparency as you like.
I hate crowded charts, bloated with all kind of crazy shapes and I created this indicator for two main reasons:
1. beginning/end of the month is an excellent pivot-point
2. to be simple, easy to customize and non-intrusive with the underlying chart
See the attached EURUSD daily chart, at the beginning of every month the price pivoted up and down, can you figure out what happens at the end of Dec 2019?
Trade long and prosper!!!
[fikira] Harmonic Patterns (Gartley)When using "Harmonic Patterns", always look at the bigger picture, please do not depend solely on the "Pattern".
Use other indicators,... to confirm what you think is going on!
That said, it is quite useful!
Here we have "The Gartley", bullish and bearish.
The "Pattern" is created by checking 5 consecutive (pivot) points, starting with X, A, B, C, and ending with point D.
At point D all 5 points are compared, calculated and verified.
When confirmed, a "Label" will be plotted at point D, together with the "Entry", "Take Profit" and "Stop Loss" price.
The "Entry", "Take Profit" and "Stop Loss" lines will be plotted as well at point D.
Lastly, a "Drawing" automatically will be displayed which makes the "Pattern" visible.
Please do mind, the "Drawing" is calculated differently, the "Drawing" sometimes can be displayed incorrectly
when prices are too close to each other (for example low Satoshi price changes).
THE "ENTRY" , "TAKE PROFIT", "STOP LOSS" PRICES AND LINES ARE NOT AFFECTED AT ALL BY THIS, THEY WILL SHOW CORRECTLY!
- 1 "TP point" can be changed ("TP Level 0.618")
- "Labels", "Lines", "Drawings" can be disabled/enabled
- "Labels" can be made smaller or bigger ("Size Label")
- "Labels" can be placed further or closer to the bar ("Distance TP Label" > higher = closer, lower = further)
- "Lines" can be made thicker or thinner ("TP Linewidth")
- "Drawings" can be made thicker or thinner ("Drawings Linewidth")
- "Drawings" are created by comparing with 100 bars back in history (default), should it be (very rarely) a triangle is displayed flat on the left side,
possibly the first point(s) is/are further than 100 bars ago, in this case increase "Period Drawings" above 100.
- When a lot (really a lot!) of "Patterns" appear on the chart, the first ones will not be displayed anymore, first the "Drawings", then the "Lines"
The last (present) ones will always be displayed in total without a problem!
- If you want to see "Patterns" with less correct measurement, change "Error Marge" 0.9 - 1" and "Error Marge" 1 - 1.1"), this gives max. about 10% extra margin
Thank you very much!
(1) Genie Cycles VS-200The Genie Cycles indicator contains two primary components. The first generates the primary turning-point Entry/Exit signals based on a hybrid algorithms that utilize multiple moving filters and oscillators, all working in concert. The second is our version of Hurst Cycles allowing the trader to view the harmonic convergence of short and long cycles.
The turning-point signals are generated by two Center of Gravity Oscillators (COG) originally developed by John Ehlers and published in Technical Analysis of Stocks and Commodities in its May 2002 issue.
COG produces a moving filter that heavily weights the most extreme and most current values in the stream of data within the window of the indicator. COG excels at determining and indicating where, within a parabolic path, tipping or turning points have occurred. Two COG indicators, each one set to a different length and different inputs are incorporated. The output of these two COG filters are them put through another Ehler’s filter, the Pass Band; July 2016 issue of TAOSAC. A pass band filter has the unique ability of removing the higher and lower frequencies from the signal, leaving behind only the core signal. Here we are taking a longer COG period of (10) days, utilizing the candles body size as it’s input and then subtracting a short period of (7) days utilizing only the close of the day. The result is an emphasis on the extreme values, i.e., the maximum apex and the minimum vertex of each parabolic swing. Finally, the Arnaud Legoux Moving Average (ALMA) is utilized as smoothing a filter to slightly shift the weighting from the COG Pass band filter, in a selective and adjustable manor to more current bars, not the most current bar. This is desirable because COG dramatically emphasizes the most current candle or bar as well as large candles and strong deviations from within the moving average.
This provides the trader with excellent responsiveness within a very smooth output signal with very few artifacts or whipsaws, producing highly reliable trading signals that indicate optimal entry and exit points with a high level of accuracy and very little lag.
The primary principals of Hurst cycles are price moves in waves that exhibit cyclic attributes based on their time scales. Genie Cycles incorporates Hurst cycles theories, but utilizes only two nested Laguerre moving filters. Laguerre moving filters have significantly less lag than traditional moving averages. These moving filters take as there inputs the highest high and the lowest lows for the two adjustable periods. The point of the indicator is to determine when a short-term swing cycle harmonizes or aligns with a long-term cycle, i.e., determining when the tops and bottoms of these cycles align.
The resulting nested channels produce natural bounding boxes. This dramatically highlights likely support and resistance levels as they often occur at prior highs or lows that this indicator is drawing. Convergence of the different cycle lengths can indicate strong trends that make excellent trading opportunities. Decoupling of the cycles indicates the end of the trend.
Pivot Point Std With CPR,2 EMA,MW S R,P Day H L - by AnanthPivot Point Std With CPR,2 EMA,Monthly Weekly Support Resistance,Previous Day High and Low - by Ananth
Triangle finderBased on the diags indicator to find triangle patterns on the chart.
Increase the "Line Length" to find more patterns
Peakestsignal Indicator - Valuetrading Indicator - Cheap Entry'sPrivate indicator.
HI BIG PLAYERS
Are you looking for the cheapest entry signal for trading?
This indicator gives the really cheaply entry signals. For buysignals you get a green background vertical line and for sellsignals you get a red background vertical line.
If you have a trend strategy and only need THE TREND for trading: believe me, this indicator give you the right signals.
Alerts are possible with the TradingView Alertsystem.
More examples of another markets:
HOT TO GET ACCESS: looking on below signature.
Kind regards
NXT2017
Pivot trend indicatorThis is a LAGGING indicator which can provide a good indication of trend. It require a certain (configurable) number of candles to have closed before it can determine whether a pivot has formed.
It provides a 20 period SMA for the timeframe of your choice which is color coded to show the trend according to confirmed pivots.
Anticipated usage:
Long / Short bias is determined by pivot trend
Trader seeks entries according to their strategy
Black consolidation areas may trigger a re-evaluation of the trade and can serve as good profit taking areas
The SMA colors:
Green -> Higher highs & Higher lows
Red -> Lower highs & Lowers lows
Black -> No clear trend from the pivots
Why the 20 SMA?
Feel free to adjust it for your purposes. I personally find that using a higher time frame 20 SMA is a better indication of trend than longer period MAs on shorter time frames. This can be seen from comparing the 20 daily SMA and 200 hourly SMA.
Pivot adjustment
The pivots use the selected time frame (not) the MA trend time frame. You can specify the left and right candles required to confirm a pivot
Point of Return - Dynamic Price Reaction RangesThis is one of the many parts of my upcoming strategy, and used by me on daily basis.
This indicator incorporates various price action models and candlestick patterns, and combines them together to form a price point which is highly reactive in nature.
In the background it works on multitude of permutations and combinations to calculate the price point which tell us exactly where price will most likely react in the future, removing rooms for errors while drawing support and resistance .
This can be used on multiple ways:
1. Chop indication - As soon as the indication pops up, it marks a price which is most likely start of a chop zone and break from either direction marks end of the chop zone.
2. Point of Return - As soon as a the price moves away from the chop zone, it will most likely return to the indicated price before moving in the direction of the break, giving us high RR trades.
3. Dynamic Support and Resistance - This also acts as a dynamic support and resistance and apart from your already established S/R you can incorporate these price points as your decision maker or breakers.
PS : This is not to be used as a Buy/Sell signals and is only should act as confirmation of what you already know and to gauge the market sentiments.
There is a hidden easter egg on this page and chart which gives you preview of the upcoming indicator. Have fun finding out.
You can reach me here on my DM for more details.
Below are the few snaps from different timeframes:
1. 4H XBTUSD -
2. 2H XBTUSD -
3. 8H XBTUSD -
Clean Pivot By Ravi BelkhindiThis indicator create pivot on intraday charts, It has the following features
1. Create Pivots on intraday chart extending till the session closure time ( till 3.30 PM IST )
2. Dynamically plot Monthly and Weekly plots only if fall in daily pivot zone ( R3 to S3 )
3. CPR zone color indicated narrow and wide range, user can change the definition of narrow range in terms of %
4. Pivot visible only in intraday timeframe
[VS] ReversalsScript changes the background color and bars colors accordingly to the predicted probability of a trend reversal. A brighter color means higher probability.
Swing Trade Pros - Auto Trend LinesThe STP Auto Trend Lines accurately identify the real-time trend lines automatically helping you find breakouts before they happen. The indicator uses weighted moving averages to show the overall direction of the underlining asset. The higher time frames will always produce the most reliable trend lines. Once the second swing high or low has been identified the indicator automatically draws the trend lines. The Trend Lines form key market structures and once the pattern is broken a big move usually follows. If the trend is rising it indicates it may be better to enter long positions. If the trend is falling it indicates it may be better to enter short positions.
Swing High/LowPlots the swing high and low points based on user configurable look back settings. Also allows you to plot the most recent swing low as a horizontal line for obvious stop point on long setups.
Stochastic Delta PivotsBased on stochastics converging and diverging, identifying pivot points to detect early momentum changes.
Trend ID with early entry signalsThis script is a combination of two. Firstly a trend is identified as up down or sideways. Higher highs and higher lows makes for an uptrend, lower highs and lower lows similarly allows for a downtrend to be registered. Users can adjust the number of bars to include for detection of the pivot points to increase the accuracy of trend changes but this significantly reduces signals. Sideways movement is determined if the average candle price is within a variance of a short SMA. The SMA follows the close of each candle going back 6 candles by default. The variance is 1% by default so if the price is within 1% of the SMA it's considered sideways and no entries can be issued in this condition.
The indicator is designed to identify the trend for longing or shorting, and then provides the entries based on stochastics converging or diverging (not crosses). The convergence and divergence of stochastics is amalgamated into a short EMA which also has length 6 and can be tuned by the user.
The default values of this script best work on 1h and 2h timeframes for specific pairs like BTCUSD. For other time frames and pairs the settings will need to be tweaked but is possible to identify specific parameters for many different pairs and time frames.
I've written several scripts for personal use however this is my first published script so please use at your own risk! It's not perfect!