Profit Bands [Loxx]Profit Bands is a supplementary indicator to be used with Loxx's backtests and combination indicators that use volatility-based take profits and stop loss. This indicator includes two types of volatility: Average True Range and True Range Double. Additional volatility sources will be added in the future. The lines painted on the screen are multiples of ATR for Take Profits and Stoploss for Long/Short positions that you can change in the settings. 3 Take Profits and 1 Stoploss is supported. You can turn on/off each UI element. Position size is determined by calculating the size of an investment where you'd lose only X% of your balance if the Stoploss is hit. You can enter your total balance available to trade and the desired % risk you'd be willing to lose at SL. Typically this number is 1-2% of total balance per trade.
Always remember to wait for bar close on a signal to and then peg this indicator to 1 bar backward to fix the price levels the then seed the exact levels you'll use for Take Profits and Stoploss. This indicator will match exactly the levels in other indicators in Loxx's scripts such as Kaleidoscope. You would overlay this script over any other script that uses volatility stops to see where to place your TPs and SL
Profit
TradingWolf Premium OscillatorsThe TradingWolf Premium Oscillators is a unique and enhanced selection of oscillators designed to help give you an edge on the markets.
Within this one indicator you will have access to RSI, Stochastic, MACD, Awesome Oscillator, Wavetrend, Zig Zag Pivots and DPO.
Including Divergence and Hidden Divergence signals for them.
Below each indicator is explained along with its enhancements to help you understand it better.
This script comes with the 'TradingWolf Premium' to get access, read the Author’s Instructions below.
There are extensive explanations on how to use these oscillators in our documentation on the website but we will give a simple overview here.
RSI
We try not to mess with these too much because if used correctly, they are very powerful tools. The main differences you will notice is that we have highlighted the areas where you should be paying attention to the oscillator with reversal/continuation zones.
The most popular feature from these will be the 4 divergences which can be toggled on or off in the settings.
Stochastic
Stochastic we have tried to keep as similar to the original as possible, main features are being able to select alternate timeframes for it to be calculated on as well as displaying divergences.
We have created a highlighted zone for when price enters the overbought/sold territory. A lot of traders will look for crossovers happening in these areas however from our tests we have discovered entering trades as the Stochastic comes out of these areas has hugely reduced losing trades, still not a perfect strategy but it does often show that the trend is showing weakening momentum and its commonly followed by a period of sideways action before continuing in a new direction.
MACD
We have calculated a dynamic extreme range for the MACD, you will notice the green/red bars as the bottom and top of the Oscillator. These levels help adjust with the assets volatility so they will work universally on all assets and timeframes. When these levels get more narrow, this indicates there is a potential larger move to come, similar thought process to a Bollinger band squeeze.
We like the Divergence signals you receive whilst in this OB/OS range as they give more confluence behind the divergence signal that price has over extended and is looking to retrace or consolidate.
Awesome Oscillator
The Awesome Oscillator is based on some pretty simple calculations but is hugely powerful.
The 3 main use cases are crossing the 0 value, showing weakening momentum and divergence signals.
We Particularly like the Divergence signals it gives us as they tend to be more accurate than any other oscillator.
Wavetrend
Wavetrend we try describe as a more dynamic Stochastic/MACD, it moves smoother and quicker without giving too many false signals.
Conditions we use the Wavetrend for are similar to the MACD where we are looking for crossovers or divergences in the extreme bands, these shouldn’t be used to trade alone and should be paired with other pieces of confluence for a higher probability trade however this is one of our favourites.
We also have a VWAP extreme detector which we pair with the Wavetrend, helping us identify areas where price should start cooling off.
Zig Zag
The main purpose of the standard Zig Zag is to analyse historical data to be able to observe cycle's in a market's movement, this requires a bit more explanation than we can include here so please refer to our documentation on the website for further guidance.
DPO
The detrended price oscillator is unlike other oscillators, such as the Stochastic or MACD the DPO is not a momentum indicator. It instead highlights peaks and troughs in price, which are used to estimate buy and sell points in line with the historical cycle.
We personally think this is the most under-rated oscillator out there, if you simply followed the DPO above 0 for long and below for short on higher timeframes you can outperform the buy and hold return of Bitcoin (BTCUSDT)...
This is just one simple way of using the DPO there are other more in depth methods of using it within our documentation.
[EDU] Close Open Estimation Signals (COE Signals)EN:
Close Open Estimation ( aka COE ) is a very simple swing-trading indicator based on even simpler idea. This indicator is from my educational series, which means that I just want to share with another way to look at the market in order to broaden your knowledge .
Idea :
Let's take n previous bars and make a sum a of close - open -values of each bar. Knowledgeable of you may already see the similarity to RSI calculation idea . Now let's plot this sum and see what we have now.
We can see, that whenever COE crosses over 0-level, uptrend begins, and if COE crosses under 0-level, downtrend begins. The speed of such signals can be adjusted by changing lookback period: the lower the lookback, the faster signals you get, but high-quality ones can be obtained only via not-so-fast lookback as when the market is consolidating or volatility is to high, there can be many garbage signals, like 95+% of other indicators have.
Let's explore more and calculate volatility of COE(v_coe in the code): current COE - previous CEO .
Now it appears that when v_coe crosses over 0-level, it's a signal, that this is a new low and soon the uptrend will follow. Analogically for crossing under 0-level .
I guess now you understood what these all are about: COE crossings show global trend signals , while Volatility COE ( v_coe or VCOE ) crossings show reversal points .
For signals I further calculated volatility of VCOE(VVCOE) and then volatility of VVCOE(VVVCOE). Why? Because for me they seem to be more accurate, but you are welcome to experiment and figure best setups for yourself and by yourself, I just share my opinion and experience .
COE can be helpful only in high liquidity markets with good trend or wide sideways .
If you want to experiment with COE, just copy the code and play with it. Curious of you will probably find it helpful eventhough the idea is way too simple.
By it's perfomance COE can probably beat QQE at open price settings.
(use open of the price at indicator to get zero repaint! )
Examples :
If you any questions, feel free to DM me or leave comments.
Good luck and take your profits!
- Fyodor Tarasenko
RU:
Close Open Estimation ( aka COE ) — это очень простой индикатор свинг-трейдинга, основанный на еще более простой идее. Этот индикатор из моей образовательной серии, а это значит, что я просто хочу поделиться с другим взглядом на рынок , чтобы расширить ваши знания .
Идея :
Возьмем n предыдущих баров и составим сумму a из close - open -значений каждого бара. Знающие люди могут уже заметить сходство с идеей расчета RSI . Теперь давайте построим эту сумму и посмотрим, что у нас сейчас есть.
Мы видим, что всякий раз, когда COE пересекает выше 0-уровня, начинается восходящий тренд , а если COE пересекает ниже 0-уровня, начинается нисходящий тренд. Скорость таких сигналов можно регулировать изменением ретроспективы: чем меньше ретроспектива, тем быстрее вы получаете сигналы, но качественные можно получить только через не- такой быстрый взгляд назад, как когда рынок консолидируется или волатильность слишком высока, может быть много мусорных сигналов, как у 95+% других индикаторов.
Давайте рассмотрим больше и рассчитаем волатильность COE(v_coe в коде): текущий COE - предыдущий CEO .
Теперь кажется, что когда v_coe пересекает уровень 0, это сигнал о том, что это новый минимум и вскоре последует восходящий тренд . Аналогично для пересечения под 0-уровнем .
Думаю, теперь вы поняли, о чем все это: COE пересечения показывают глобальные сигналы тренда , а пересечения Volatility COE ( v_coe или VCOE ) показывают точки разворота .
Для сигналов я дополнительно рассчитал волатильность VCOE(VVCOE), а затем волатильность VVCOE(VVVCOE). Почему? Потому что для меня они кажутся более точными, но вы можете поэкспериментировать и подобрать оптимальные настройки для себя и для себя, я просто делюсь своим мнением и опытом .
COE может быть полезен только на рынках с высокой ликвидностью и хорошим трендом или широким боковиком .
Если вы хотите поэкспериментировать с COE, просто скопируйте код и поэкспериментируйте с ним. Любознательные из вас, вероятно, сочтут это полезным, хотя идея слишком проста.
По своей результативности СОЕ может составить конкуренцию широко известному QQE, используя open цены.
(используйте open цены на индикаторе, чтобы получить нулевую перерисовку! )
Примеры :
Если у вас есть вопросы, пишите мне в личные сообщения или оставляйте комментарии.
Удачи и профита всем!
- Федор Тарасенко
[GTH] Net Profit Margin (%)Displays the Net Profit Margin in a more "readable" fashion than the built-in TV Indicator.
This indicator concludes the series of 'Minervini-indicators', consisting of "GTH Earnings", "GTH Revenues" and "GTH Net Profit Margin (%)".
Famous trader Mark Minervini repeately describes rising earnings, revenues and net profit margin as the most important financials for finding superperformers.
In case of reporting a malfunction: Please be specific. Statements like "does not work" are useless. Thanks.
PrevHighLow Trend IndicatorPrevHighLow Trend Indicator which is calculated by using prev lowest and highest of p1 -period and p2 -period for two MAs.
First MA is made of prev highest of p1-period / prev lowest of p1-period.
Second MA is faster, made up of p2(<p1)- period(same formula).
Can be used in the next way: slower MA(straight line) shows main trend, faster shows temporary trend.
BUY, when first MA and second MA are green; Exit: second MA changes from green to red.
SELL, when first MA and second MA are red; Exit: second MA changes from red to green.
RSI Assistant basically filtres signals in the way, when signals from RSI and Faster MA are similar? it signals about it with labels: BUY for long, SELL for short. You can either enable or disable it. Also customizable so you can find your setup. RSI Assistant, depending on you customize it, can help you either follow trend or show reversals. Just find your own setup and watch things happen!
Feel free to leave valuable feedback and your setups which you consider to be good.
Hope you PHLTI usefull. Good luck!
Dap's Oscillator- Short Term Momentum and Trend. BINANCE:BTCUSDT BYBIT:BTCUSDT BYBIT:ETHUSDT BINANCE:ETHUSDT
DAP's OSCILLATOR:
WHAT IS IT?
This Oscillator was created to inspire confidence in the short-term trend of traders. This will work very well with a volatility metric (I recommend BBWP by @The_Caretaker)
WHAT IS IT MADE OF?
1. Consists of a series of equations (mainly the difference between simple to exponential moving averages) and Standard deviations of these moving average differences (length equivalent to the length of sampled ma's)
2. These equations are then boiled down through an averaging process array, after averaging the covariants are equated against the variants of the positive side of the array. This is what is presented as the aqua line.
3. The RC average (yellow) is the sma following the DAP'S Oscillator at a specified length
4. The most important part of this indicator is simply the momentum oscillator represented as a green or red line based on the value relative to the Oscillators.
HOW DO I USE THIS?
As I mentioned before mixed with a volatility metric, it should set you up for a good decision based on short-term trends. I would say to be careful for periods of consolidation, with the consolidation the momentum often meets hands with DAP's Oscillator and can cause fake-outs. You want to spot divergences from the price to the momentum difference, as well as room to work down or upward to secure a good entry on a position.
CHEAT CODE'S NOTES:
I appreciate everyone who has boosted my previous scripts, it means a lot. If you want to translate words to pine script onto a chart, feel free to PM me. I would be happy to help bring an indicator to life. I may take a quick break but will be back shortly to help create more cheat codes for yall. Thanks!
-Cheat Code
Opening Price ChangeThis script shows the change from the market opening price to the market closing price of the previous day in percent.
With this you can quickly get an overview of historical data for the change of the respective day.
Important: the market closing price is always used for the calculation and not the pre/post market price.
The label with the change value is always placed above the first opens regular market bar. If the change is positive, the label is draw with a green background, is the change is negative you will have a red background.
Grid Settings & MMThis script is designed to help you plan your grid trading or when averaging your position in the spot market.
The script has a small error (due to the simplification of the code), it does not take into account the size of the commission.
You can set any values on all parameters on any timeframe, except for the number of orders in the grid (from 2 to 5).
The usage algorithm is quite simple:
1. Connect the script
2. Install a Fibo grid on the chart - optional (settings at the bottom of the description)
3.On the selected pair, determine the HighPrice & LowPrice levels and insert their values
4.Evaluate grid data (levels, estimated profit ’%’, possible profit ‘$’...)
And it's all)
Block of variables for calculating grid and MM parameters
Variables used regularly
--- HighPrice and LowPrice - constant update when changing pairs
--- Deposit - deposit amount - periodically set the actual amount
Variables that do not require permanent changes
--- Grids - set the planned number of grids, default 5
--- Steps - the planned number of orders in the grid, by default 5
--- C_Order - coefficient of increasing the size of orders in the base coin, by default 1.2
--- C_Price - trading levels offset coefficient, default 1.1
--- FirstLevel - location of the first buy level, default 0.5
--- Back_HL - number of candles back, default 150
*** For C_Order and C_Price variables, the value 1 means the same order size and the same distance between buy levels.
The fibo grid is used for visualization, you can do without it, ! it is not tied to the script code !
You can calculate the levels of the Fibo grid using the formula:
(level price - minimum price) / (maximum price - minimum price)
For default values, grid levels are as follows:
1 ... 0.5
2...0.359
3 ... 0.211
4...0.0564
5...-0.1043
Short description:
in the upper right corner
--- indicator of the price movement for the last 150 candles, in % !!! there is no task here to "catch" the peak values - only a relative estimate.
in the upper left corner
--- total amount of the deposit
--- the planned number of grids
--- “cost” of one grid
--- the size of the estimated profit depending on the specified HighPrice & LowPrice
in the lower left corner
--- Buy - price levels for buy orders
--- Amount - the number of purchased coins in the corresponding order
--- Sell - levels of profit taking by the sum of market orders in the grid
--- $$$ - the sum of all orders in the grid, taking into account the last active order
--- TP - profit amount by the amount of orders in the grid
SONIC BHOOM👉 What is this indicator ?
This indicator is made up of Trend and Moving Average, The idea used in this indicator is to understand the current trend and take buy sell entry based on moving average
👉 How many alarms does this indicator have ?
This indicator has two types of alarm for buy signal and sell signal, and it is best to set the alarm by selecting the Alert Once Bar Close option to avoid repaint.
👉 On which coins can this indicator be used ?
This indicator is best used on all cryptocurrencies and forex markets, You can use this indicator with any Time Frame, and this indicator is set to the 1000SHIBUSDT Coin, 5min Time Frame by default. Use appropriate values when using other coins. If you have any difficulty in finding the Value, you can contact us.
Default Setup Instructions 👇
Duration: 5 Minute
Default Coin : 1000SHIBUSDT
The following settings can be found in this indicator
Trend Length :This is an average True change value, Average True Range (ATR) is the average of True ranges over the specified period. ATR measures volatility, taking into account any gaps in the price movement.
Trend High : This is the ATR Factor Value. You can change this value according to the volatility, the ATR Factor value is also used to reduce the chance of a fake signal
Threshold :
The Threshold is the difference between price and moving average. Changing the value of this option will change the accuracy of the trading signal
Yearly Percentage ReturnsAn indicator that lets you visualize the historical Yearly Percentage returns of any symbol .
Key Features:
Displays the yearly returns from start to end of each year
Displays a table showing all yearly returns for current symbol
Displays start of each year as a vertical line
Displays up to 5 custom horizontal levels
Table Settings:
Enable table - Show/Hide the table
Size - Sets the size of the table
Position - Sets the position of the table on the screen
Direction - Sets the direction of the table to display the data (Vertically or Horizontally)
All Time LowThis script is to remind you of how much you would lose if the price went down to the all time low.
This will make you think twice about your purchases!
Sell Half On DoubleNotes:
- In settings leave 0 for actual price, or set a new price and the SHOD levels will change too.
Profit ReminderThis is a Visual Indicator intended to be a reminder to those who need it!
This indicator allows you to set a profit level and displays the calculated values if you were to profit that amount each day.
The vision of this indicator is to get the user more green trades by reminding them to get out while they're ahead, because there are more days ahead!
It also allows for the user to set phrases that might help them with this.
Look forward to what's ahead and don't get caught up in over trading!
Position Sizing CalculatorThis is an intuitive risk management tool with a minimalist design.
This calculator will determine your position size per trade, profit, loss, risk/reward ratio and leverage if any.
It will calculate your leverage if you are trading financial instruments e.g. Mini Futures , Turbo Warrants etc. that have a financing level.
Tip: Use this as a complement to the Long/Short Position tool.
Provide the following inputs to get a calculation:
- Position type
- Account balance
- Risk per trade percentage
- Financing level (if any for leveraged instruments), else let it be 0
- Entry price
- Target price
- Stopp loss price
You can also choose the color of the output text, its background and position in the chart window.
Enjoy!
Financial GrowthThis indicator will acquire the financial data provided by Tradview.
the data is compare between Quarter, Annual and TTM in term of percent of growth.
YoY, QoQ and CAGR is also available by this script (The minimum is 4).
in addition, ploting of data, label and table also available (you can check the mark to toggle on / off).
Data : Revenue, Net Income, EBITDA, EPS, DVPS, Free Cash Flow and Forward PE .
How to use it.
just select the financial data, period and size of data to compare.
you can check the box to toggle the plotting line, label and table.
Enjoy.
Bias Pivot PointA simple indicator that uses Pivot Points as a filter and to generate a Directional Bias .
How to use this indicator?
1. Directional Bias
Bullish => Closing Price > Pivot Point
Bearish => Closing Price < Pivot Point
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot Points can be used as targets for taking profit
Risk AssistAs the profit level increases, the amount of profit taking required to avoid risk asymptotically reaches zero.
This indicator displays the % of the established position required to exit in order to ensure the trade is not a loss if the stop is hit.
Values in green (at or below 100%) indicate a winning position.
Values in red (above 100%) indicate a losing position.
Alert Examples:
If you are intent on "selling half" to avoid risk, you can set an alert on the value of this indicator for 50.
If you are intent on "selling a 3rd" to avoid risk, you can set an alert on the value of this indicator for 33.3.
[TG] Complete Financial DataHISTORY & CREDITS
Complete Financial Data is basic, yet very effective tool, that will show the most important information from the company's latest financial statements at a glance.
WHAT IT DOES
The table is designed to show comprehensive financial data about the selected ticker.
Revenue - often referred to as sales or the top line, is the money received from normal business operations.
Gross profit , also called gross income, is calculated by subtracting the cost of goods sold from revenue.
Net income , also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Earnings per share (EPS) is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.
Total debt includes long-term liabilities, such as mortgages and other loans that do not mature for several years, as well as short-term obligations, including loan payments and accounts payable balances.
The debt-to-revenue ratio is a financial measure that compares a company's monthly debt payment to its monthly gross income.
The term cash flow refers to the net amount of cash and cash equivalents being transferred in and out of a company. Cash received represents inflows, while money spent represents outflows.
An expense is the cost of operations that a company incurs to generate revenue. As the popular saying goes, “it costs money to make money.”
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.
HOW TO USE IT
Even if you are entirely a technical analyst, it's always a good practice to take a look at the company's fundamentals, in order to understand more about the heath of the business. Look for companies that beat expectations and show positive growth numbers.
Trailing Stop AlertsThis script is designed as an ATR-based trailing stop tool to assist in managing open positions.
Once you're involved in a profitable trade, if you add this script to your chart you'll be prompted to select a bar to begin trailing from.
You can then adjust the candle lookback distance for swing high/lows (7 by default), the ATR multiplier (1.0 by default), and the direction to trail (Long/Short).
You can also adjust the ATR period in the settings menu if you want to (14 period by default).
Once the script is added to your chart, it will begin drawing your trailing stop and you can then set up alerts.
Alert Options:
Any alert() function call : Will trigger an alert for both conditions (trailing stop updated, trailing stop hit)
Alert Conditions : Trailing Stop Update will trigger whenever the stop is updated, Trailing Stop Hit will trigger whenever the stop is hit.
Note: the alerts will only fire once per bar close and the trailing stop will not update on realtime bars.
Profit Loss Fund Template ( PLFT / MCDX )Profit Loss Fund Template indicator shows Buyer / Seller activity by calculating series of daily Price & Volume data, over a certain period of time.
It helps to analyse Institution fund's possible behavior with pool of data derived from price volume movement.
RED bar represents percentage of stock holders are currently in profit.
Purple line is RED bar's moving average.
BLUE bar represents percentage of stock holders are currently in loss.
Green line is BLUE bar's moving average.
RED bar > 50% shows institution fund has in control, uptrend is likely easier to continue.
BLUE bar > 50% shows retailer fund is stucked inside, downtrend is likely easier to continue.
Crossing of moving average lines indicates changing of trend (reversal sign):
1) Purple line up-crossed Green line - UPTREND
2) Green line up-crossed Purple line - DOWNTREND
[AKC Trading] Gravity RatioGRAVITY RATIO must be used for taking PROFIT and EXIT from the trade.
1) Whenever Gravity Ratio value is near or more than 2 (general limit), it is assumed that move is extended and traders should look for booking out some or full profits (as per their initial trade plan)
2) Gravity Ratio considers length of price movement. And every stock has its own behavior, so it is advisable to look at the indicator and see on what prior values of Gravity Ratio, the move ended and use that value as zone to plan your exit.
For example, in the chart shown, instead of standard value of 2, this particular stock have seen be start exhausting around 1.5-1.8 zone. Once the Gravity Ratio reaches near to this value, a trader must used price action to trail their SL and should book (partial or full) near its pre-defined Target (Take Profit) levels.
Fibonaci Opening Range Candle
Fibonacci Opening Range it is 50% and 0.61% of 5 min or 30min or 1 hour opening candle
search buying opportunities below 0.61
and selling opportunities above 0.50
Also acts as good support and resistance in intraday
BEST RESULTS IN INDEXES
Thanks & Best Regards
Marella Ganesh
[astropark] Trend Skywalker V2 [alarms]Dear Followers,
today I'm glad to present you Trend Skywalker V2 , the evolution of Trend Skywalker V1 indicator that you can see here below:
This indicator works on every timeframe and market, it's quite responsive to market movements, so it's especially good on volatile markets.
In this new version you have 3 trend clouds available :
a short-term one (yellow)
a mid-term one (green)
a long-term one (blue)
You can also enable an option to show all trend clouds as one, the result will be similar to a special bollinger bands tool.
Of course you can edit trend clouds analysis period and color, also you can turn on or off the cloud that you prefer.
The indicator can run 4 different kinds of strategy : one for each trend cloud individually or a mixed one.
Also the indicator tracks for you a peak profit from entry: this tracker is a suggestion for you to take profits while price goes up!
All red-green circles you see in the chart is a reminder that a peak profit label was there in the past: what does this tell you?
if price starts losing the short-term trend and you had a lot of TP suggestions, maybe trend ended and you should start consider closing your trade before you give back all your profit.
This indicator will let you set alerts on each buy/sell/close/tp label.
For backtesting, you can use the indicator here below:
This is a premium indicator , so send me a private message in order to get access to this script.
