Bit Rocket Grid Bot Screener 1.0DESCRIPTION
A grid bot is an automated trading bot that is designed to execute buy and sell orders based on a pre-defined grid of prices. Grid bots operate within a specified price range, placing trades at set intervals above and below the current market price. The key idea behind a grid bot is to take advantage of price fluctuations and market volatility, not looking for trends or breakouts.
The optimal trading pair for a grid bot is one that exhibits frequent oscillations within a predictable range while demonstrating a slight upward trend. In simpler terms, it's a pair that consistently fluctuates within the same range.
The Grid Bot Screener serves as a valuable tool for identifying the most suitable trading pairs, by showing the indicators that matter the most for sideways Grid Bot trading. Most screeners look for trends, breakouts and use indicators that are used for assisting the trader with when to buy and sell. This indicator assists in the selection of pairs that are likely to yield the best results for high volatility sideways trading.
USAGE
This screener looks at volatility, sideways action, ADX, and other indicators that are most helpful when determining the amount and potential volatility, sideways action, and transactions for up to twenty pairs at a time.
Each indicator has a threshold that the user can set themselves, this way the user is in control when comparing or hunting for the optimal pairs.
User selects up to twenty pairs, sets thresholds if different than defaults, then sets length (how far back to look). Once this is set the user can quickly look and compare the results.
KEY INDICATORS
VOLATILITY ACTION - Percentage of Price Action Volatility; Temporal Volatility Trends; Elevated price action signifies accelerated price fluctuations, disregarding directional cues.
SIDEWAYS ACTION - The higher the value, the greater the horizontal movement; a robust trend, which is not our objective, provides no directional insight.
Values exceeding 45 indicate pronounced sideways activity, while lower values approaching zero signify a vigorous trend.
These values do not assist in determining the trend direction.
Higher values imply a more sideways orientation, whereas lower values indicate a more pronounced trend.
ADX - Does not indicate trend direction; instead measures trend strength.
An indicator for price range
Lower values signal a weak trend
Higher values denote a robust trend
Strategy: Look for values of 25 or lower which indicate a ranging or neutral trend.
TXNS SCORE – Transaction Activity.
TXNS indicator represents grid performance and serves as a direct measure of trading activity. TXNS accumulates the number of buy and sell actions, reflecting the user-defined grid percentage.
Elevated transaction numbers signify increased activity, leading to enhanced bot profitability.
NOTE: For an accurate representation of the actual number of transactions, use the Bit Rocket Transactions indicator on the 30min time frame.
CONFIRMATION INDICATORS
While the key indicators are generally reliable on their own, it's also valuable to assess how well the asset is performing and its historical trajectory. The confirmation indicators provide valuable insights into an asset's performance and direction, reinforcing the assessments made through the key indicators, again these indicators on their own are not enough they must be used in conjunction with the key indicators.
VOL - Trading Activity: For assets engaged in sideways trading, sufficient volume is necessary, but it doesn't need to be as high as you might expect.
VOL(USD) - USD-Based Activity: A high USD volume signifies strong market interest.
ROC - Rate of Change Percentage: This metric calculates the percentage change in price over a specified date range. Shows trend direction using price percentage.
• Avoid extremely high or extremely low values.
o Excessively high values may indicate overbought conditions with potential for a price correction.
o Very low values could imply waning interest and diminished asset value.
o Conversely, high values might indicate asset strength, while low values could suggest that the asset has reached a bottom and is unlikely to decrease further.
BOLLINGER BAND WIDTH PERCENT - Average MACD Percentage Width, percent is used with Bollinger bands to allow for comparison with other assets.
RSI - Buying and Selling Pressure Strength: When assessing RSI, look for a balance between buying and selling pressure while still maintaining high volatility and sideways strength. Key RSI levels to consider:
• 40-60: Neutral range, indicating equilibrium and stability.
• Above 70: Approaching overbought conditions.
• Below 30: Nearing oversold conditions.
These confirmation indicators provide valuable insights into an asset's performance and direction, reinforcing the assessments made through the key indicators.
ADDITIONAL INDICATORS
DAYS ON EXCHANGE – This metric reveals how long the crypto pair has been listed on the exchange. It serves multiple purposes, such as assessing the data's historical depth and indicating whether the crypto might be relatively new. Keep in mind that while the asset could exist for a while, it might not have been available on the exchange for an extended period.
PRICE – This merely states the current price, making it suitable for those focusing on price action, it is provided for informational value only.
SAFE RANGE – This percentage indicates the price movement range from the highest to the lowest within a specified data range. Use this to determine the upper and lower levels for setting up your grid range.
Screening
Multi-Symbol Indicator Screener w/ Alert [TradingWhale]This screener allows to screen multiple (up to 40) symbols for a condition defined by the user, including some other indicator plot values (not all of them) and their relation to other indicator plot values (data sources) or to absolute values defined in the condition.
It plots a label and adds the symbols and chart time frames to the label for those symbols that meet the screening condition. There are some examples further below.
The indicator / screener is designed to use other indicators as a data source, where possible.
On the label the symbols represent stock symbols. The numbers represent the chart time frame in which the condition was screened. (30) = 30 minutes, (120) = 120 minutes, (D) = 1 day, (3D) = 3 days, (W) = 1 week, and so forth.
Requirements:
- the indicators you want to use as source data need to be on the same chart as the screener, but not in the same pane.
- It will not work for all 3rd-party indicators.
The script provides the specific capabilities detailed below:
1. Data inputs:
- add up to 40 symbols to be screened
- check field for each symbol allow the user to enable/disable screening for each symbol individually
- ability to add up to two (2) external source data that can be compared to each other, where possible, by a logical operator or compared to an absolute value
- a check field to select whether the logical operation takes places between Source #1 and Source #2 or between Source # 1 and an absolute value.
- users can also define how far from the last bar the label is plotted on the chart
2. Operations available, whenever possible based on source data:
- "crossing"
- "cross up"
- "cross down"
- "rejected from resistance (Source #1) in the last bar", which means "High was above Source #1 (resistance level) in the last completed bar and 'close' (current price of the symbol) is now below Source #1" (resistance level).
- "rejected from resistance (Source #1) in the last 2 bars", which means "High was above Source #1 (resistance level) in one of the last two (2) completed bars and 'close' (current price of the symbol) is now below Source #1" (resistance level).
- "rejected from support (Source #1) in the last bar" --- similar to above except with Lows and rejection from support level
- "rejected from support (Source #1) in the last 2 bars" --- similar to above except with Lows and rejection from support level
- "greater than"
- "less than"
- "is up"
- "is down"
- "is up %"
- "is down %"
Screening examples could be:
- Source #1 "crossed up" Source #2
- Source #1 is "greater than" 20
3. Output:
a. Label
The label can be modified in terms of colors and position (how many bars away from the last bar)
b. Alerts
- Get alerted if one or more symbols meet the condition.
- To set up the alert visit the alerts setup screen in TV and select this screener.
BE - Pr_DayLowHigh_BreakoutScreener AlgoHerewith presenting the Screener based indicator which supports Algo trade on the NSE stocks. The idea behind this indicator is when the Current day stock breaks out of Yesterday's high or Low with promising volumes (Using MA's and POC of Volume Profile) along with formation of candle Pattern. Initiates the Trade entries.
Note: Indicator is designed to take an entry even before the candle is closed as soon as the entry level is crossed and it shall exit the trade as soon as the SL is hit even before candle is close.
How to Work with this Indicator.
You can map up to 15 Scripts in this indicator. However you may decide if you wish to load all 15 are few of them. if you wish to load only 10, below settings should help you ignore the rest 10 symbols from screening it for setups
Updating Symbol Script.
This is an important part is used for Algo trades. Read the tooltip for better understanding of the format. Acceptable format is Broker Name followed with : and space with Symbol mapping Name followed with / and Instrument token provided by broker if no token alloted for the script then you may keep 0 against symbol name followed with / and Qty in terms of absolute value or in terms of percentage.
Trade and Scan Settings
Symbol List Mapping
For Improvements in Results - Use Events and keep a track of it / use Nudges etc.
Cuban's Asset ScreenerCuban's Asset Screener is a tool designed to view the health of the entire market in a single charting window, using a multi-timeframe, real-time heatmapped asset screener built natively within Tradingview.
You can use this tool to aggregate and display critical information required to identify your favorite trade ideas using other Cuban's Edge tools. Although the screener currently uses pre-built lists for over 200+ Binance and Bybit Futures pairs, the tool comes with custom watchlist support, allowing you to add as many additional assets as your screen and browser will support.
Currently tracking range positions and a custom cross asset delta function from Cuban's Pair Trading Index, the screener has an in-built sorting function which orders assets by similar market structure and colors them relative to their performance against the user's comparison asset -- their current chart ticker.
Cuban's Asset Screener is also valuable as a tool to monitor performance of your portfolio against any benchmark asset, by using the 'Asset Redenomination' option within the settings. This allows the user to redenominate the entire screener easily using their current chart ticker.
In order to setup the Asset Screener, the user will need to select an 'Asset List' and a 'Screen Location' value. This will load the screener into a set position on screen, from right to left. In order to add additional assets, multiple instances of the asset screener will need to be loaded on screen.
With this indicator, users get the option to adjust the following:
range positioning lookback
asset redenomination for range positioning
asset sorting order
screen location
multi-timeframe support
live pricing for PTI values
in-built asset lists for 200+ assets
TO DO:
add market filters to the coloring
add tradfi asset lists
MA Cross ScreenerThis script lets you pick 20 symbols to check for ma crosses. The way it works is it scans all 20 of your symbols for moving average crosses and then it sends an both a regular alert and a visual alert inside of the indicator. I found that ma cross strategies are very popular right now so I thought it would be nice to have one indicator instead of 20 discord servers. The features include: 20 custom symbols, alerts, custom colors, ma select, and custom time frames. If you want to use the custom time frame option, use the lowest time frame possible. That way you wont have gaps. If you have any comments please voice them, that includes suggestions!
I hope you all find this useful!
Glow Node ScreenerGlow Node Screener
Our Screener helps you identify whether a pair is in a strong trend for 32 different pairs including crypto.
Using our screener with a strategy will help you weed out bad markets that are ranging at a higher timeframe.
Which will in turn help reduce some of the bad trades you may take due to signals appearing in consolidation.
Very useful to choose which pairs you may like to trade for that day and what to avoid.
Higher Timeframe
The higher timeframe is automatically selected for you on the 15M - 30M - 1H - 4H time frames. You can override this by toggling the override button and selecting your timeframe manually
Pairs:
XAUUSD
XAGUSD
AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDUSD
CADCHF
CADJPY
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
USDCAD
USDCHF
USDJPY
BTCUSD
ETHUSD
LTCUSD
more will be added if requested
Screener for 40+ instrumentsAs you probably know in TradingView there is a limit of 40 instruments in one custom screener.
I created a script that will allow you to scan more symbols.
The idea of it is pretty simple. You have to add a screener a few times on your screen with a different set of symbols. Then select column width (as % of your chart width) and # of the screener right to left.
Script will plot #1 screener next to the right border. For #2 and all next tables, the script will compute the needed offset and will draw it on the left. This way it will look like one table and not a few separate indicators.
I created a script with an RSI screener, but you can create more complicated examples with it.
Off course, that's not a silver bullet solution but might work for some of you.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
RSI and Golden Cross ScreenerIts an example of basic cyclic screener. Looks for conditions on RSI and for Golden crosses for N bars back on top40 crypto on Binance. Feel free to contact me via tg @davidkohen if you got any questions!
It's an improvement of an old QuantNomad's idea :)
Donchian Screener█ OVERVIEW
This is a screener script for the Donchian Channel indicator . It's an excellent indicator for trend following, a trading strategy which tries to take advantage of long, medium or short-term moves that seem to play out in various markets.
█ DESCRIPTION
The screener works by scanning through up to 10 symbols and list down symbols that are currently breaking through the upper or lower band as definied by the Donchian Channels, at which point the market signals the start of a bullish or bearish trend.
█ HOW TO USE
After adding the indicator, open the script settings and type the symbol name and length to be used on the Donchian Channels for each stock.
█ PARAMETERS
- Use High/Low Price Breakouts: check this box if you want to use price high/low instead of price close to identify breakouts
- Panel Position: choose whether you want to position the panel on the top, middle or bottom right side of the graph (default is top)
- Default Timeframe: what timeframe to use on the screener (default is daily)
- Ticker: the ticker name you want to monitor
- Length: length parameter used on Donchian Channel indicator
█ FEATURES
The screener can scan up to 10 symbols each time.
█ LIMITATIONS
The screener will scan the symbols breaking out bands on the current bar, and as such, there maybe some delays depending on the stock/ etf /crypto you choose. Some exchanges require an additional subscription to get realtime data.
Ichimoku ScreenerChecks the status of Ichimoku Cloud for 30 coins/stocks.
It may take several seconds ( around 30 sec ) to load.
Multiple Screeners with AlertsI already published few version of my custom screeners. Unfortunately, because of TradingView's security function call limit you can't use more than 40 stocks in 1 screener.
Fortunately, you can compute multiple values in your function and screen few indicators at once.
In this script I show how you can compute 5 indicators at the same time for 40 instruments. I display then in different labels.
Every label consist of list of instruments satisfying current indicator conditions and a value for it. It can be absolute value as for RSI or -1/1 representing Bullish/Bearish event.
Also you can create 1 alert with result of all screeners inside.
In this example I took 5 indicators with following conditions:
RSI - "RSI < 30" or "RSI > 70"
TSI - "TSI < -30" or "RSI >30"
ADX - "ADX > 40"
MACD - "MACD Bullish Cross" or "MACD Bearish Cross" (1 and -1 in screener)
AO - "AO Crosses 0 UP" or "AO Crosses 0 DOWN" (1 and -1 in screener)
Params
- bars_apart - this parameter define how may bars apart you labels are on your chart. If you see labels overlapping, increase this number.
- Parameters for all used indicators
- 40 symbol inputs for instruments you want to use in this screener
Alerts
You can create an alert from it easily by selecting screener name from the list and then selecting "Any alert() function call".
No additional configuration is required, message and alert on close is generated in the code.
You should better change default name for your alert. Sometimes because of big amount of inputs you might receive an error.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
Custom Screener with Alerts V2 [QuantNomad]TradingView just recently announced the alert() function that allows you to create dynamic alerts from both strategies and studies.
So I decided to update custom screener I published before. It was based on alerts from orders in strategies, that was the only way to create dynamic alerts in PineScript at that point.
With the alert() function code become cleaner and more readable.
It works for up to 40 symbols at the same time.
You can create an alert from it easily by selecting screener name from the list and then selecting "Any alert() function call".
No additional configuration is required, message and alert on close I set up in the code.
I created as an example a screener that tracks both overbought (RSI > 70) and oversold stocks (RSI < 30).
To create your own screener you have to change only screenerFunc().
By design it should output 2 values:
cond - True/False Boolean variable. Should this instrument be displayed in the screener?
value - Additional numeric value you can display in your screener. I display RSI level for selected stocks for example.
Link to the old screener:
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
trend Screener List1This is type of custom screener I searched and made to screen bulk stocks any one can modify it, other may get help out of it.
in my code i have made defined
1. uptrend= ema(close,55)> ema(close,144) and ema(close,144)> ema(close,388) and ema(close,388)> ema(close,576) and close>ema(close,388)
2. downtrend = ema(close,55)< ema(close,144) and ema(close,144)< ema(close,388) and ema(close,388)<ema(close,576) and close<ema(close,388)
if the indicator is printing DOWNTREND=TRUE or UPTREND=TRUE then the corresponding stock is in currently in that trend out of the stocks listed in the code
in one code only 40 (max) stocks can be called.
to add more stocks I copied same code and changed the stocks in the code, now you can screen 80 stocks at a time.
This code runs on each bar and checks if the stocks is in uptrend or down trend.
you can customize this screener according to your requirement.
//thanks @QuantNomad from where i solved my problem of screening my top stock for custom trend screener
//idea and motivation taken from
after adding another code you can screen 80 stocks at a time and so on , below following link is how it will look like
Supertrend Screener PanelScript to display Supertrend trend state of 8 different securities in a panel. Timeframe & Tickers which are to be displayed can be configured from settings.
Part of code is from the ADX DI Monitoring Panel script by u/wugamlo with his permission. Thanks to him for that and do please check out his work also.
Supertrend Screener LABELThis screens for Supertrend reversal's in 10 different securities. The main logic for the screener is taken from "Simple Custom Screener in Pinescript" by QuantNomad with his permission. If the label color is not visible due to the text in it being white colored, then choose a different color from settings. Also added a simple supertrend to it.
Terminology explanation:
Confirmed Reversal: Supertrend reversal that happened in the last bar and cannot be repainted.
Potential Reversal: Supertrend reversal that might happen in the current bar but can also not happen depending upon the timeframe closing price.
Uptrend/Downtrend : Shows all the tickers that are either currently in uptrend or downtrend.
Custom Screener with Alerts [QuantNomad]Some time ago I published an example of simple custom screener in PineScript:
The only thing this screener did is created a dynamic label with screener output.
Recently TradingView announced alerts from the strategy with the possibility to add custom messages to alerts.
So using it I was able to create a bit more advanced screener which sends results as alert messages. With tools like Alertatron, you can easily redirect them to Telegram if you want.
It works for 40 symbols (limitation of the number of security calls).
To create your own screener you need to change only screenerFunc. The logic of this function is very simple, it outputs value you want to display in screener and condition based on which your screener should filter your stocks.
To create alerts for this screener create an alert from strategy and use {{strategy.order.alert_message}} as alert message.
Do you know now how to make this screener better? Let me know.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
BEST Long Term Levels Breakout ScreenerHello traders
Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke)
We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - Long Terms concept
I had the idea from @scarff.
I think it's genius and I use this long terms level in my trading across all assets.
The screener, in particular, analyzes whenever the price breaks out a weekly/monthly/quarterly/yearly level on candle close .
Triggering events on candle close = we get rid of the REPAINTING = we remove the fake signals (in that case the fake breakouts).
The candle close is based on the close of the current chart => if the chart displays candlesticks on the weekly timeframe, then the considered close will be the weekly close.
If in daily timeframe, the close will be .............................. 4h (#wrong)..... kidding :) .............. DAILY obviously
II - How did I set the screener
The visual signals are as follow:
- square: breakout of a high/low weekly level
- circle: breakout of a high/low monthly level
- diamond: breakout of a high/low quarterly level
- flag: breakout of a high/low yearly level
- dash: none of the above
Then the colors are:
- green when bullish
- red when bearish
- orange/dash when none of the above
Cool Hacks
"But sir... what can we do with only 3 instruments for a screener?" I agree not much but...
As said previously... you can add multiple times the same indicator on a chart :)
Wishing you all the BEST trading and.... wait for it... BEST weekend
Dave
Custom ScreenerI was inspired by this idea:
With his script you can create a simple custom screener in Pine Script on your own for 40 tickets or less. But to make a separate screener for every 40 stocks sucks, so I wrote a program that generates script that allows you to switch stock sets.
Current script is generated for the Moscow stock exchange.
You can contact me if you need screener for your exchange or big set of stocks.
QuantNomad - Simple Custom Screener in PineScriptQuite often I need to run screeners with the custom condition, but unfortunately, in TradingView it's impossible.
I created an example script to show how you can create a simple custom screener in Pine Script on your own.
It's not very good, it requires some manual adjustments, it can be improved in some ways, but I think it might work for some tasks.
What do you think? Do you have a better way to implement custom screeners in TradingView?
To run your own conditions you need to implement them in:
customFunc() function and for every ticker you want to include in your search add 2 lines like these with newly defined variable:
s1 = security('BTCUSD', '1', customFunc())
and
scr_label := s1 ? scr_label + 'BTCUSD ' : scr_label
I'm not sure that it will work well for more than a few dozen tickers.
But I hope it will be helpful for you.
And remember:
Past performance does not guarantee future results.